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MANCHESTER, UK, 2017-Oct-26 — /EPR Retail News/ — The Co-op is ramping up its investment in Scotland during October and November, as it prepares to open five brand new stores across the country.
The £3.4 million investment forms part of the retailer’s £11 million 2017 store expansion plan and is set to create 75 jobs for local people.
The new stores, which will all have a focus on fresh, healthy foods, meal ideas and essentials are: Renfrew, Paisley Road and Cardross, Main Road, both launching on 26 October, Doune’s Castlehill Court and Colpy Road – Oldmeldrum opening their doors on 23 November and Stirling’s The Brae – Cambusbarron which will launch on 30 November.
Local community groups are also set to get a funding boost through the Co-op’s new Membership scheme. Members receive a 5% reward on purchases of own-branded products and services, with a further 1% going directly to local causes to make a difference in the community. Charities and groups set to benefit from the launch of the new stores include: I Am Me Scotland (Paisley), Lisa’s Gift (Glasgow) and Barrhead’s Men’s Shed.
John McNeill, Co-op’s divisional managing director, said: “It’s a very exciting time for the Co-op in Scotland as we gear up to open not one, but five, brand new Co-ops over the next five weeks. As well as being hubs for the local community, our stores are committed to providing a consistently brilliant in-store experience, allowing customers to get what they want, when they want it.
“We’re very proud of how much we’ve achieved so far in 2017 and our membership message really seems to be striking a chord with shoppers. We now have over half a million members who together have helped us to raise £1.2 million for almost 600 Scottish good causes. Just by swiping a membership card, people can make a real difference to local life and become a co-owner of their local Co-op.
“Our new store launches, together with our ever growing range of locally-sourced Scottish produce and increasing member numbers, put us in a strong position as we look towards further expansion in 2018.”
The openings follow last month’s announcement that the retailer – which was recently crowned Convenience Retailer of the Year at the Retail Industry Awards – will be launching a new 12,000 sq ft distribution centre at Inverness Airport Business Park in 2018.
There are offers and promotions in and around the new stores to mark their launch. And, students holding a Young Scot card will also receive a 10% discount off their groceries.
Further information about the benefits of Co-op membership and, its Local Community Fund, is available by visiting: http://www.coop.co.uk/membership/
Investment per store:
· 26.10.17 Renfrew, Paisley Road – £464,000
· 26.10.17 Cardross, Main Road – £1.1m
· 23.11.17 Doune: Castlehill Court – £553,000
· 23.11.17 Colpy Road – Oldmeldrum – £785,000
· 30.11.17 The Brae: Cambusbarron – £503,000


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Filipinos Are Getting The Message
Once a month, 24-year-old Jane Manarang drops by the McDonald's (MCD ) in her busy Manila neighborhood. But she's not there for a burger and fries. Instead, she is stopping by to cash an electronic check. Her husband, a teller at Forex International in Hong Kong, sends a portion of his salary to Manarang using a new mobile-phone-based cash remittance service called Smart Padala. His Hong Kong remittance company sends a text message to Jane's phone, crediting the money to her account. Then she transfers the credit to McDonald's cell-phone account through her phone, and Mickey D gives her the money, taking a percentage of the amount cashed as a fee. It's a great deal for Manarang and her husband, Glenn, because it costs much less than the $5 Glenn would pay for a wire transfer. For amounts above $180, Manarang gets a free Big Mac meal to boot. "It's so fast," marvels Manarang. "I receive a text message, and I can quickly get cash."
That kind of innovative service has made the Philippines the king of text messaging worldwide. Filipinos send an average of 200 million messages daily, or 2.4 per capita. In fact, many Filipinos ignore the voice capabilities of their phones and use their handsets almost exclusively for texting. Nearly 38% of sales in the Philippine cellular market come from text, compared with 1% to 2% in the U.S.
This tidal wave of text has made cellular operators rich. Sales at No. 1 operator Smart Communications Inc., a subsidiary of Philippine Long Distance Telephone Co. (PHI ), jumped by 50%, to $616 million, in the first nine months of this year, while profits soared 212%, to $184 million. Sales at rival Globe Telecom Inc. climbed 14%, to $737 million, and income grew 19%, to $160 million.
The two operators have prospered in part by introducing services that make money transfers by text easier. Customers of both Smart and Globe can load up their phones with electronic funds they can use for both phoning and shopping. When they shop in a store, they pay by sending a text message that transfers the credit to a retailer's account. If a customer wants to convert cash into an electronic credit, the retailers can "top up" the customer's prepaid phone accounts by sending text messages that load credits onto the phones. Globe, which launched G-Cash in October to counter Smart Padala, offers other novel services, including Text Collect, which lets prepaid subscribers send messages at the recipient's expense, or where the sender agrees to pay for a reply.
OVER THE TOP
Now the carriers are looking to expand the market by letting subscribers resell talk time to friends and neighbors. These so-called load transfers allow users to buy phone time in increments as small as 4 cents -- increasing usage among even the poorest Filipinos. A few years ago the penetration rate for wireless subscribers was expected to peak at around 25% of the Philippines' population of 84 million. Today it has already breached 30%. Globe is now predicting that 45% to 50% of the population will be texting on cell phones by next year.
Now the carriers are taking their act overseas, with services aimed at the 8 million Filipinos scattered across the globe. Smart introduced Smart Padala in August, and it has tie-ups with remittance centers or banks in Hong Kong, Japan, the U.S., and several European countries. Globe did the same in October. In August, Smart launched a service targeted at Filipinos in Hong Kong called 1528 Smart. Guest workers who sign up can not only send money via text messaging but can also make low-cost calls home.
Smart and Globe still consider their foreign forays an experiment. But the initial results have been encouraging. Philippine ex-pats have made some 15,000 transfers of cash, for a total of about $2 million, since the Smart Padala service was introduced. That's a drop in the bucket compared with the $7 billion that Filipinos working abroad send home every year, but enough to buy a whole lot of Big Macs.
By Heinz Bulos in Manila

domain: news


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Ferrari Superiority sends Maserati on Porsche and Bentley Attack
Sisters shouldn’t fight and apparently that also holds true in the auto industry. Maserati, Ferrari’s little sister, is hard at work becoming more of a player in the industry and has set its target on competing against both Porsche and Bentley.
But not with its Italian big sister.
According to Fiat CEO Sergio Marchionne, Ferrari is in a class of its own and that Maserati will be focusing its attention on competing with the likes of Porsche and Bentley. "Ferrari doesn’t play with Bentley and with Porsche, it plays in its own [sand] box," he said.
The seeds have already been planted for the Italian automaker to accomplish this and expand the model line-up, as well as refreshing some of the existing models in the portfolio. We’ve already heard about Maserati’s intention of introducing a crossover on the market - the tentative name is the ’Cinqueporte’ - to battle the likes of the Cayenne and now it appears that the company will also have plans for a new small sedan, as well as a larger version of the Quattroporte.
Looking at the big picture, Maserati is pushing forward with their plans of increasing the sales figure of the brand all the way up to 60,000 units. That might sound a little bit of a stretch now, but if in fact these guys are serious about competing with a company like Porsche, they’re going to need to invest every last bit of their resources to ensure that they at least come close to the benchmarks they’ve set.
Source: Automotive News


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MSME sector being assisted
Steps have been taken to unify the micro, small and medium enterprises (MSME) sector and the relevant authorities are now better able to see what impact that sector has on the country.
That is according to Minister of Small Business, Entrepreneurship and Commerce, Dwight Sutherland. Speaking Monday evening in the House of Assembly, he said the Small Business Development Centre, formed by way of a memorandum of understanding between the Governments of Barbados, the United States and the Organisation of American States last November, is an operational framework used by the United States to bring all of the small business agencies under one umbrella.
“The cohesiveness that is needed within the sector was indeed achieved,” he said.
This operational framework, he stated, brings together the Barbados Investment and Development Corporation, the Youth Entrepreneurship Scheme; the Small Business Association, FundAccess, the Barbados Youth Business Trust, the Barbados Trust Fund Limited among other entities, as well as educational institutions the likes of The University of the West Indies (UWI) and the Samuel Jackman Prescod Institute of Technology (SJPI). He explained that they are using that framework to capture information on how the businesses are doing.
“One of the requirements of all of the agencies under the Small Business Development Centre network, they have to input data on all of the businesses that they are indeed trying to build out, that pass through their institutions... We are looking at job creation, job retention, businesses started, businesses expanded, persons trained, loans, values of the loans, finance provided, the number of businesses accessing whatever services they are, new investments and we are measuring it,” he stated.
He added that under that umbrella body they are able to measure the impact of the micro, small and medium enterprises sector to both social and economic development in this country.
Meanwhile, Anderson Cumberbatch, Chief Business Development Advisor said that The UWI has an important role to play, as empirical data and research are needed to help build out the sector.
“There are many challenges within the sector and this framework where we collaborate, it therefore helps to mitigate a number of issues. Over the years there has been a lot of duplication within the system, persons have operated as separate silos and this has created a lot of challenges. So the model seeks to pull the players together,” he said.
Cumberbatch added, “The model therefore allows for these agencies to provide the business development services and handholding, so that the businesses do what they are supposed to do so that they are better able to become economically viable.”
He went on to say that with the training being provided through the Centre they are also able to make small businesses more “bankable”. The Chief Business Development Advisor’s comments came as he said that through the model they have been able to ascertain that in 2019, some 2 000 persons were trained.


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In September, annual inflation in China hit 2.8%, the highest rate for a month in the past two years, according to China’s National Bureau of Statistics. The rise was driven by a sharp rise in food prices, especially pork. Despite the advance, it was below the high of 2.9% predicted by economists consulted by the The Wall Street Journal.
According to them, inflation in China is likely to decelerate in the coming months, largely due to weak economic growth. China is expected to release its GDP product numbers for the third quarter on Tuesday.
The country in the second quarter had seen its weakest growth since the start of the pandemic, as efforts to contain the Covid-19 outbreaks hit activity in Shanghai and other major cities.
Even with the pick-up in September, inflation in China remains within the authorities’ objective of keeping consumer price inflation below the 3% ceiling, and is well below the 8.2% annual inflation rate the US reported. In September.
The Chinese economy is under the pressure of a severe housing recession, a summer drought and a collapse in consumer confidence. Those economic headwinds come as the Chinese Communist Party assembles in Beijing for a congress at which leader Xi Jinping is expected to break recent precedents and secure a third term in power.
Chinese leaders face the challenge of promoting a lasting revival of the economy amid heavy debt, worsening relations with the US and what many economists say is an over-reliance on exports and investment.
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.


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The cost-of-living crisis means demand for consumer credit is increasing, but customer delinquency is also expected to increase, potentially bringing working capital issues for firms. Jarred Erceg looks at implications for consumer credit firms, particularly lenders to sub-prime and near prime sectors.
The reasons for the cost-of-living crisis are well-documented. Inflation is currently 9%, the highest rate for 40 years. Energy costs are a key contributor with average gas and electricity prices increasing by 53.5% and 95.5% respectively year on year. Fuel prices are also at record levels. Food inflation rose to 4.3% in May, up from 3.5% in April, the highest since April 2012.
Meanwhile, according to the ONS, real wages (wages adjusted for inflation) fell by 1.2% compared to 12 month ago. As a result, more people are having to rely on credit to finance their everyday living costs. Bank of England figures released in May show that consumer lending rose by £1.6 billion in February and £1.3 billion in March, the highest borrowing over a two-month period since early 2019.
How have market changes impacted customer delinquency?
Although demand for lending is high, consumer-credit firms are also having to manage an increase in customer delinquency. According to the FCA, around 25% of the UK population have low levels of financial resilience, a number which has largely been stable since the beginning of 2020, but is now rising as financial pressures push up demand for consumer credit, especially in the sub-prime sector.
Consumers in lower income brackets are known to be disproportionately affected by inflationary pressures – expenditures most exposed to inflation constitute a greater proportion of outgoings for financially vulnerable groups. For example, energy-related costs (housing expenses and transport fuel) make up to 40% of disposable income for lower income groups relative to 20% for the average household. A survey of lenders by the Bank of England in Q1 2022 showed that lenders expect an increase in defaults on unsecured loans. This could have significant implications for all businesses in the consumer-credit sector, but will potentially have significant impact in the sub-prime sector. How will higher customer delinquency impact a firm’s lending criteria and ability to recover balances owing?
Considerations around affordability and vulnerability assessments
The FCA has explicitly stated that they don't want firms to lower affordability standards in the current climate. It's more important than ever to ensure that affordability processes are robust enough to only extend credit to those who can afford to repay it – but with costs rising so fast, this can be hard to identify.
The financial upheavals faced by many over the past two years, together with the fast-moving macro-economic environment make a customer’s track record of affordability less relevant when looking at future affordability. For example, labour shortages are hitting some industries more than others - do some sectors have less pay-bargaining power than others and could this influence their vulnerability to inflation? Consumer credit firms must be alive to this. Also, where automated-decision making is used for credit decisions, the data behind algorithms may need to be updated or reviewed to check it's still relevant or fit for purpose in the current environment.
Identifying vulnerability remains crucial. In this climate, people’s financial situation can deteriorate quickly. Lenders need to ensure their processes capture newly vulnerable customer groups, so they remain compliant with their regulatory obligations and do not expose themselves to unaffordable or irresponsible lending complaints.
Capturing BNPL in affordability assessments
A key part of assessing affordability is capturing a consumer’s borrowings with other providers. The popularity of buy-now-pay-later (BNPL) and explosion of providers makes that increasingly challenging. Citizen’s Advice have found that more people are using BNPL to cover everyday spending rather than discretionary purchases, and that those receiving universal credit are twice as likely to use it.
BNPL firms are not yet regulated and are therefore not obliged to share data around their users’ borrowings with Credit Reference Agencies (CRAs). The leading BNPL provider in the UK has voluntarily started reporting customer debts to CRAs from June 2022, and while others BNPL firms may follow, this could take time. It's also unlikely that historic BNPL loans will be reported to CRAs, giving lenders less information on past credit habits.
Until BNPL is fully regulated – final FCA rules and implementation are now not expected until 2024 – and reporting is more consistent across the sector consumer-credit providers may not be able to have a full picture of a consumer’s borrowing, which is likely to have implications when assessing affordability.
FCA focus on consumer credit
The FCA has recently issued two Dear CEO letters for consumer credit lenders, illustrating their concern around the sector.
On 6 May, the FCA issued a letter amid concerns that ‘firms may exploit the cost-of-living crisis to promote their services, and that increased demand may result in unsustainable and often unaffordable lending’. In particular, the FCA has concerns about the quality, presentation, and oversight of financial promotions. On 16 June, the regulator outlined their expectations around treating borrowers fairly, in particular embedding the vulnerable customer guidance .
Both letters ask firms to consider the potential harm for consumers should they be mis-sold products. This focus on outcomes for the consumer is one of the key tenets of the new Consumer Duty. Although final rules are not yet confirmed, the FCA explicitly states that they aren't waiting for the Duty to come in before they act to improve consumer outcomes. The regulator will be proactively applying their rules to ensure that consumer credit firms act to promote fair outcomes for consumers.
For example, are your customers using products designed for short-term borrowing for their long-term borrowing needs? Is that leading to persistent debt?
In a recent speech the FCA stated that too often firms have failed to meet expectations on affordability, including relending. This is borne out by the proportion of complaints about unaffordable lending that the FOS has upheld – still greater than 60%, and the redress liabilities that firms have incurred.
What do consumer credit firms need to do?
In such a challenging environment, consumer credit firms - especially sub-prime lenders - should ensure they have re-considered impairment and provisioning across their portfolios.
- Where firms rely on customers’ repeat lending, what will be the knock-on effect of increased delinquencies?
- Will increased delinquencies and associated effects impact a firm's funding arrangements, including compliance with covenants?
- Firms should ensure that all statutory notices are issued as required to ensure there are no issues when seeking to recover non-performing loans
Firms need to have appropriate forecasting models in place, which can be used to stress-test a firm’s resilience in different scenarios to provide greater clarity on triggers that may lead to underperformance. Firms that are proactive and take a customer-led approach will be best placed in shoring up their financial robustness.
For more insight, contact Jarred Erceg.


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Home > News > Nation
Saturday April 5, 2014 MYT 12:00:00 AM
Saturday April 5, 2014 MYT 7:25:39 AM
by loshana k shagar
Top show: Red Carpet is set to reopen on April 14.
GUANGZHOU: Malaysians who visit Red Carpet @ i-City will soon not only be able to look at wax statues of their favourite stars, but get a mini statue of themselves.
i-City is set to open a 3D imaging studio late next month, where visitors can get their own statues – measuring between 25cm and 35cm – made.
“All visitors need to do in the studio will be to pose in their chosen attire for about five to seven minutes for image mapping.
“The actual statue will be ready in about a week,” said I-Berhad information manager Tang Soke Cheng at a strategic alliance signing ceremony between the company and Zhongshan City Elephant Sculpture Art here.
The co-operation paves the way for Red Carpet to bring 3D image mapping technology to Malaysia.
Red Carpet, which closed late last year following an arson attack, will reopen on April 14.
New additions include wax exhibits with enhanced interactive features like voice, motion, sound effects and theatrical backdrop.
“This will go a long way in increasing the life likeness of our wax statues, giving more clout to Red Carpet as a world-class attraction,” said Tang.
Tags / Keywords:
Travel, Nation, Red Carpet, i City
Nearly 150 units of i-City’s Parisien Tower taken up over the weekend
Deals at travel fair promote tourism in Shah Alam
Hundreds usher in CNY at radio station’s countdown party
Thai developer allocates more money for shopping centre project
Now that’s a cool schoolbus
Online GST session with Customs Dept draws overwhelming response
Taiwanese tourist crushed to death in bus mishap near Petaling Jaya hotel
Daphne Iking urges authorities to take down child-rape fantasy website
Nestlé rewards consumers with biggest promotion ever
The great South Australian adventure
Living away from Malaysia can trigger a lot of different longings
Amazon launches unlimited cloud storage service
Barcelona full back Alba sidelined for 10 days
Smokers in the US may have declined but the dangers to smoking stay lethal
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)


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Take a deep breath, Apple: Europe snaps on gloves for vigorous iTunes stream pat-down
Deals with labels for Spotify rival in secondary screening
Apple is once again in the headlights of oncoming government regulators, this time over its forthcoming iTunes music-streaming service.
Reports from The New York Times and Wall Street Journal cite well-placed sources claiming the Cupertino idiot-tax operation is being scrutinized by the European Commission over its dealings with record labels.
The reports claim EU officials have sent questionnaires to major record labels and music-streaming rivals to ask about their dealings with Apple and each other.
At issue, the reports claim, is Apple's expected launch of an on-demand internet jukebox. Regulators would, presumably, want to make sure Apple has been on the level in talks with the labels over the rights to stream their songs to iFans.
While Apple has yet to formally announce a subscription music service, Cook and Co. are widely believed to be preparing for a launch later this year.
The service would include a re-branding of the Beats Music service. Apple acquired the subscription-based streaming service last year when it shelled out a staggering $3bn to scoop up Beats and hire co-founders Jimmy Iovine and Dr. Dre.
Apple hasn't always had the best relationship with its content partners, at least not as far as regulators have been concerned. The Cupertino giant was recently dinged for $450m by a US court for price-fixing ebook titles.
Apple has also had to make concessions in the EU, changing the wording in the App Store to acknowledge the hidden charges in 'freemium' App titles. ®


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She sure knows how to work a camera!

Katy Perry is the brand ambassador for ghd -- and in its new campaign, she looks flawless.
On Aug. 16, ghd will host an event at Sephora Soho in NYC from 3 p.m. to 8 p.m., which also ties into the launch of the new Katy campaign. Customers are invited to a 20-minute professional styling session hosted by fashion blogger Keiko Lynn (www.keikolynn.com).
For more information, check out www.ghdhair.com/us!
Photo credit: Courtesy of GHD
Your life just got exponentially better and more stylish now you've signed up for our newsletter. Fabulousness awaits!


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MILAN, Italy (June 10, 2002) — Pirelli S.p.A. is providing technical support for a $60 million expansion project by JSG Nizhnekamskshina — Russia's biggest tire maker — and is planning to open a commercial company in Moscow.
Nizhnekamskshina plans to increase radial car tire capacity at its Nizhnekamsk factory in Tatarstan by 2 million units per year. Under a contract worth about $10 million, Pirelli will provide know-how and equipment for this project, Pirelli said.
The agreement covers the provision of technology for the production of new car tire sizes and basic engineering for the installation of the plant. Pirelli also will supervise production start-up, train personnel and provide continuous technical assistance to Nizhnekamskshina, the company said.
The contract with Nizhnekamskshina and the planned launch of its first commercial company in Russia marks “the re-launch of relations and technological co-operation between Pirelli and the Russian industry,” Pirelli said.


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Hyundai Motor UK has announced the introduction of the PLAY special edition models to the multi award winning i10 and i20 ranges.
The Hyundai i20 has been named ‘Used Car of the Year’ at the FirstCar awards, having also picked up the ‘Used Car of the Year up to £10,000’ award.
Hyundai Motor UK has officially announced the pricing and specification of the New i20, which is on sale now.
Hyundai Motor has announced the Go! SE range to support its sponsorship of this year’s FIFA World Cup in Russia.


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Digital TV News: Target Ticket
Fan TV coming to Time Warner Cable subscribers
Apr 22, 2014 – Fan TV and Time Warner Cable (NYSE:TWC) have announced the release of Fan TV, a new way to watch live TV and streaming content with a frictionless discovery experience and a breakthrough touch remote.
News categories: Fan TV, Time Warner Cable, Gilles BianRosa, Mike Angus, Cable TV, Digital TV, OTT, Set Top Box, USA
Digital Entertainment Group released year-end 2013 U.S. Home Entertainment Report
Jan 7, 2014 – Stability in home entertainment continued for the second straight year in 2013. Results were boosted by the growing awareness and acceptance of digital services and products offered by both online and brick and mortar retailers.
News categories: Digital Entertainment Group, Blu-ray, Digital TV, Market Research, Smart TV, USA
Hollywood to deliver UltraViolet video with Dolby Digital Plus
Dec 11, 2013 – Dolby (NYSE: DLB) has announced that Twentieth Century Fox Home Entertainment and Anchor Bay Entertainment now encode movies and TV programs in the UltraViolet™ Common File Format (CFF) using Dolby® Digital Plus™.
News categories: Dolby, Ron Geller, Danny Kaye, Bill Clark, Mark Teitell, Digital TV, Media Player, OTT
Target introduces Target Ticket digital video service
Sep 25, 2013 – Target (NYSE: TGT) has announced that Target Ticket, its new digital video service, is available to customers nationwide. The service gives users an easy way to access and enjoy their favorite titles on their preferred digital channels and devices anytime, anywhere.
News categories: Target Ticket, Anne Stanchfield, Digital TV, OTT, USA
- Netflix releases 4Q 2020 results
- Pearl TV broadcasters welcome FCC easing of SFN regulations
- Paramount+ from ViacomCBS to launch on March 4th
- Firstlight Media builds OTT platform on Google Cloud
- Cogeco EPICO IPTV service launched
- Enghouse and Access Communications offer hosted TV services in Canada
- MENA pay TV revenues continue to fall
- FCA first automotive OEM with Alexa Custom Assistant
- Firstlight Media and NPAW optimise CDN switching for OTT providers
- ViacomCBS, DISH Media, Adcuratio enable broadcast inventory on MVPD STBs
- DoubleVerify earns MRC accreditation for CTV measurement
- Philco launches Roku TV lineup in Brazil
- Chips&Media introduces WAVE6 series of video codec IPs
- Worldwide semiconductor revenue up 7.3% in 2020
- Kantar expands TV audience measurement panel in Georgia
- TDS introduces live, streaming TV product
- LG announces 2021 NEXTGEN TVs
- GTPL Hathway digital CATV subscribers unchanged YoY at 7.35 million
- Nordic consumers’ media spend unaffected by the pandemic
- Amazon launches mobile-only video plan in India


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Even without any new iPhones, Apple (AAPL 1.56%) just reported a slew of records in its fiscal fourth-quarter earnings release yesterday. The iPhone 12 and 12 Pro were unveiled earlier this month, after the Mac maker had already closed the books on the quarter, but strength across other parts of the business helped partially offset the decline in iPhone revenue.
Here's everything you need to know about Apple's Q4 results.
Every non-iPhone segment crushed it
Revenue came in at $64.7 billion, a cool $1 billion ahead of the consensus estimate. That translated into net income of $12.7 billion, or $0.73 per share, topping the $0.70 per share in profits that Wall Street was expecting. Remember that Apple did a 4-for-1 split in August, which is why that EPS figure may look light.
As expected, iPhone revenue declined by over 20% to $26.4 billion as customers anxiously awaited the new models. The wholesale shift to remote work and learning has driven a broad boom in demand for laptops and tablets, which pushed Mac and iPad revenue to all-time records. Mac revenue was $9 billion while iPad revenue was $6.8 billion, despite the Cupertino tech giant facing supply constraints for virtually all major products, an imbalance that persists to this day and now includes the new iPhones.
Services revenue hit a new record at $14.5 billion, and that segment has now generated $54.8 billion in trailing-12-month (TTM) sales. In other words, Apple has handily beat the goal of doubling services revenue it laid out so many years ago. There are now 585 million paid subscriptions being billed through the company's various platforms, putting another goal set by CFO Luca Maestri earlier this year -- hitting 600 million paid subscriptions by the end of 2020 -- within easy reach.
As part of Apple's ongoing efforts to shift attention away from plateauing iPhone sales, it has been highlighting revenue growth excluding the iPhone in recent years. This figure has been accelerating quite well, hitting 25% last quarter.
The iPhone installed base has hit a new all-time high, although management did not disclose a specific figure. Independent analyst Neil Cybart recently estimated that iPhone users have reached 1 billion. Fiscal 2020 was a record year with revenue of $274.5 billion.
Giving cash back
Apple repurchased $18 billion worth of stock during the quarter, bringing full-year buybacks to an astounding $72.5 billion. Total cash was $191.8 billion, and factoring in $112.4 billion in debt brings net cash to $79.4 billion. Slowly but surely, the company continues to make progress on the "net cash neutral" goal that Maestri set back in early 2018.
The board has authorized a quarterly dividend of $0.205 per share, which will be payable to shareholders of record as of Nov. 9.
Maestri stopped providing specific financial guidance earlier this year due to all of the ongoing macroeconomic uncertainty related to the pandemic but did offer some commentary. Of course, iPhone revenue will soar next quarter, even though the new iPhone 12 lineup is launching meaningfully later than in prior years due to coronavirus-related delays that have impacted the supply chain.
All other products and the services business are expected to grow by double-digit percentages. Gross margin should be roughly flat, as the seasonal operating leverage that Apple typically enjoys over the holidays is offset by the heightened costs that are normally associated with new product launches. Fortunately, foreign exchange headwinds have mitigated, so Maestri doesn't expect currency fluctuations to be a major issue.
CEO Tim Cook said Apple is working as hard as it can to overcome supply constraints. That will be critical to the company's execution in the weeks ahead, which will include the launch of iPhone 12 Mini, iPhone 12 Pro Max, and potentially even more products that have been rumored, like AirTags or an Arm-based Mac.


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Open source CRM software provider SugarCRM (News - Alert), has announced Sugar Express, described by company officials as "addressing SugarCRM open source users’ demand for an affordable product that runs on SugarCRM’s on-demand computing platform, the Sugar Open Cloud."
Sugar Express provides core sales, marketing and support features, Sugar Plug-Ins for Microsoft (News - Alert) Office and access to SugarCRM Customer Support. Platform functionality includes the Module Builder to create custom modules and Cloud Connectors, "to integrate third-party data services from companies such as Hoover’s and Jigsaw," company officials say.
“For all of its promise, the cloud computing movement is in danger of becoming yet another mousetrap to lock in customers to proprietary vendors,” says John Roberts (News - Alert), CEO of SugarCRM.
Currently over 60,000 businesses and 550,000 people have SugarCRM. The company has invested heavily in an on-demand architecture in hopes of preserving "flexibility and choice that customers expect from open source solutions," officials say.
Elements of the Sugar Open Cloud include multi-instance architecture for automated instance provisioning, configuration and maintenance, with instant-on deployment that requires only a Web browser. It also has support for Web services for the exchange and consumption of application and data services from around the Web and is built on an, open source infrastructure for portability and no vendor lock-in.
Company officials say Express has 24x7 monitoring from both within and outside the Sugar Open Cloud. It's being offered as an annual subscription at $499 for up to five users or $799 for up to ten users per year. Sugar Professional is offered at $30 per user per month and Sugar Enterprise at $50 per user per month.
“The benefits of software-as-a-service have been clear for several years,” says Denis Pombriant, founder and principal analyst at Beagle Research Group.
In March, Martin Schneider, Director of Product Marketing for SugarCRM, told TMC's Stefania Viscusi that SugarCRM "recognizes that the cloud is analogous to open source at its roots. A major aspect of the cloud is that it can enable faster, cheaper innovation when it comes to software. A developer, or team of programmers, can leverage cloud-based development platforms to build new and innovative applications from scratch based on open source components such as PHP. Now, these developers can complete projects without ever meeting - saving time and resources leveraging the cloud."
David Sims is a contributing editor for TMCnet. To read more of David’s articles, please visit his columnist page. He also blogs for TMCnet here.
Edited by Stefania Viscusi


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KANSAS CITY, Mo. — Rizoma Liquid Creations is the first Hispanic-owned beer company in Kansas City. It recently launched its first beer just in time for Hispanic Heritage Month.
Damon Arredondo has been in the brewing industry for many years. He’s the brain and founder behind Rizoma Liquid Creations.
“I definitely didn’t set out to be the first,” he said. “I just set out to be one. But it was more. There wasn’t accurate representation.”
Arredondo said he saw that misrepresentation when it came down to branding for Mexican-style beers in the brewing industry, and he wanted to flip the script.
“But I just I didn’t feel comfortable with how there was the exploitation, and it just fit the stereotype that was already rampant in craft beer,” he said.
Arredondo grew up in the suburbs of Kansas City, and within the last few years he’s become more comfortable with his Hispanic roots.
The name of his beer company, Rizoma, is the Spanish word for “rhizome,” a stem that grows horizontally underground.
Arredondo and his business partner, who both identify as Hispanic, saw it as a way of connecting people, much like stems grow and connect. He said the brand doesn’t identify with just being Latinx, but rather is for all people who are different.
“That’s what we’re trying to do from not just a Hispanic or a race or gender point of view — it’s just an inclusive place and inclusive community that we want to support,” Arredondo said.
Arredondo knows that beer is served best with family or friends and conversation. He hopes his beer gets people connecting on a more personal level.
“We really want to inspire people to sit around a table and talk about not surface stuff,” he said. “We want to talk about people’s experiences, identity, and that it’s uncomfortable. It’s hard. But these are conversations that this is where progress happens in that real talk.”
If you grab a can of Rizoma’s “El Sol” beer, you’ll see a QR code that will eventually link you to stories from real people.
“Ultimately each beer that we do in the future will have a specific story from someone, not us, telling the stories. We want to tell individual stories,” Arredondo said.
He said Rizoma has another beer in the works called “La Luna,” which means “the moon” in Spanish. It will be opposite in flavors from its first beer “El Sol,” which means “the sun.”
Rizoma’s beer is exclusively sold at Crane Brewing in Raytown.
As for Rizoma’s future, Arredondo wants to branch out to other beverages like sodas and cold brew coffees, plus grow the brand regionally.
“We really want to use the product and leverage it to empower the people in the communities that we will be in,” he said.
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The sold-out P1 is largely considered as being the successor of McLaren’s iconic F1 from the 90s, but now it seems the peeps from Woking are preparing a limited-run model that will pay homage to the F1 and will reportedly have a three-seat layout. According to Autocar, McLaren Special Operations is in charge of engineering the so-called “hyper-GT” and will have it ready by 2018 with a steep £2 million (about $2.61M / €2.37M) price tag.
Its heart and soul will be an uprated version of McLaren’s familiar biturbo 3.8-liter V8 engine which in the new car will deliver in excess of 700 horsepower (522 kilowatts). Unlike the P1 which uses a hybrid arrangement, the new model will not have any electrical assistance, so the entire output will come from the combustion engine without the aid of electric motors.
The report goes on to specify McLaren’s F1 spiritual successor will have a better power to weight ratio than the 650S and will be able to max out at more than 200 mph (322 kph). Despite the power advantage over the 675LT, Autocar understands the rumored special edition will not be quicker in the 0-62 mph (0-100 kph) run, so the sprint is unlikely to take fewer than the 2.9 seconds needed by the long-tailed 675.
In order to enable a three-seat cabin layout, MSO is making changes to the carbon fiber monocoque chassis to grant the car with a central driver’s seat flanked by two passenger seats in the same vein as the F1. One source cited by the British magazine says the three-seater “will be the most refined McLaren ever sold” with an interior “closer to a piece of art than a car.”
Details about the car’s name are not available at this point, but apparently its codename is “BP23” as a reference to Bespoke Project Two and the three-seat layout. Only 64 units are planned for production, as it was the case with the road-going F1.


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The Publisher Weekend on Steam starts today, September 17th at 10 AM PDT and will be bringing huge savings on various games from the THQ Nordic portfolio. Over 230 games and DLCs have been reduced, some even up to 90% off.
THQ Nordic Publisher Weekend highlights:
- Critically acclaimed realtime-tactics jewel Desperados III has been reduced for the first time ever at 25% off – as well as its Season Pass.
- SpongeBob SquarePants: Battle for Bikini Bottom – Rehydrated will also see its first discount with 20% off of the regular price.
- Destroy All Humans! won’t have a discount yet – but you can get a new bundle with the game along with the skin pack and save 10% compared to single purchases.
- Strategy-Masterpiece SpellForce 3 & the expansion Soul Harvest are available with a strong discount. This is the perfect preparation for the upcoming expansion, SpellForce 3: Fallen God coming later this year.
- The Destruction-Racing-Champion Wreckfest just started a new season, the base game is now priced at 29.99 $ – with 50% off on top of that.
- Darksiders Genesis is 50% off for the first time ever and the 2018 action-smash hit Darksiders 3 is a whopping 75% off.
For even more gaming news, click right HERE.


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The global market for nutritional supplements is increasing in value with the growing popularity of vegan and vegetarian diets. Many people are turning to new meat-free products for health and diet benefits. Animal-free products can now also be seen on the shelves of major supermarkets in Australia.
Associate Professor Munish Puri from Flinders University’s College of Medicine and Public Health is researching on the animal-free meat movement and has discovered a new way to develop nutritional supplements.
Dr Puri, who completed a PhD. Biotechnology from India is recognised as an established leader in the area of industrial biotechnology.
The major area of his research includes “microbial cell manufacturing” where the emphasis is laid upon developing technologies to produce and purify novel molecules.
Dr Puri believes that the key to manufacturing animal-free meat is the requirement of proteins, fats, and nutrients from thraustochytrids, the oily microbes sourced from the waters of South Australia which play an important role in the production of single-cell oils (SCO).
According to Dr Puri, SCOs are considered a promising oil alternative to those from fish and land-based plant sources. He says:
“By tuning thraustochytrids through fermentation we can produce SCO, which can be used in the nutraceutical industry for supplements and biodiesel, with the added advantage that it doesn’t require agricultural land and can be cultivated in a controlled environment, keeping them free from contamination.”
SCOs, Dr Puri notes could also prove vital in making everything from medicines, supplements, and biofuels to cosmetics and animal-free meat.
Dr Puri says the oily microbes produce a high lipid (fat) content, expected to mimic the structure of animal fats, resulting in similar sensory properties including taste.
“The biggest challenge faced by food producers is to create animal-free meat with fine texture, flavour and meat-like mouthfeel. It’s anticipated that this can be improved by adding fat and its substitutes.”
He is confident that with the integration of fermentation and advanced manufacturing, “the Australian food industry could deliver a safe, sustainable, and competitive supply of this ‘superfood’ – SCO.” DR Puri adds:
“This technology will protect the environment, minimise reliance on animal fats, and support sustainability as well as affordable and enhanced human nutrition.”
Dr Puri says the primary drivers behind the meat-free or plant-based meat diet boom are health, environmental consciousness and animal welfare. He adds:
“Australia has the food-agricultural capacity, commercial appetite and research know-how to become an international leader in new protein industries including plant-based meat.”
In 2022, the Australian federal government awarded $2.829 million to Dr Puri and his research team along with Nourish Ingredients Pty Ltd.
This research funding was from government’s Cooperative Research Centres Projects (CRC-P) Grants to develop environmentally friendly lipid using the fermented oily microbes.


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Kyoto - Private banks could be the next big buyers in the global gold market, helping drive prices higher as they consider restocking bullion bars that were sold off in calmer times, the top HSBC gold trader said on Monday.
Jeremy Charles, chairperson of the London Bullion Market Association and global head of precious metals trade at HSBC Bank, also said he expected central banks around the world to put the brakes on their plans to sell down gold reserves as they see other assets deteriorate, lending further support to prices.
"I think the institutional investors and private banks in particular will all be reconsidering their strategy. My belief is they are likely to want to own some gold again," he said on the sidelines of the LBMA's annual conference. The current generation of private bankers destocked their gold holdings in the 1980s and 1990s to pursue higher-return investments in recent years, but are now seeing the wisdom of the previous generation's gold holdings, he said.
The deepening world financial crisis as the burden of toxic housing debt pushed US and European banks to the brink of collapse has roiled investors globally, causing many to rethink their approaches and potentially putting a new shine on gold.
Charles also said he saw only 10% downside potential from the current gold price of around $875 an ounce, with far greater potential on the upside. He declined to give a price forecast.
"The premiums around the world tell a big story to me," he said. "The recent dip in the gold price has created massive demand from the retail investors."
Premiums to buy physical bullion, normally in the range of a few dollars, surged to more than $20 an ounce over the last few weeks - the highest in recent memory - amid an unprecedented spike in demand to hold gold bars or coins, he said.
The spike was caused by a combination of mounting anxiety tied to the US financial crisis and relatively tame spot gold prices as financial institutions sold holdings to raise cash.
Last week, the US Mint said it was temporarily suspending sales of American Buffalo 24-karat gold one-ounce bullion coins because strong demand had depleted its inventory.
In mid-August, a shortage of American Eagle one-ounce gold coins due to "unprecedented" demand had also forced the US Mint to temporarily suspend sales of the popular coins.
In Asia, premiums for gold bars jumped to this year's highs at $2 an ounce to the spot London prices this month, driven by demand from jewellers and investors as well as tight supplies.
While Western retail money flowed into exchange-traded funds (ETFs), with the biggest of these reaching a record 724.94 tonnes last week, investors in places like India, the Middle East and other countries with a deep affinity to gold rushed to buy.
If private bankers and other financial investors join the spree, prices could quickly retest their mid-March record high of $1 030.80 an ounce, analysts and traders say.
The ETFs are backed by physical gold, which gives investors exposure to the gold price without needing to take delivery. That adds to demand for the precious metal, which has attracted safe-haven investors during a year of unprecedented turbulence.
Bullion holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, holds near a record at 724.63 tonnes.
Hello Kevin, great article thanks for posting it.
Do you have a link to the original Reuters article by chance?
All the best
No primary source, no. Only here.
Post a Comment


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Black gold. Texas Tea. Information is the new oil is one of those catch statements that's now used so often (more than 1.3 million Google search results) and in so many contexts (tech vendors love it) that one might expect infonomics -- the economics of information -- to be a recognized discipline with many disciples.
That information has value certainly comes as no revelation to CIOs -- chief information officers. Or to Facebook, an information company, or to Google, or, for that matter, to The Kroger Co., which is generating $100 million a year in incremental revenue by selling its supermarket point-of-sale data on a subscription basis to consumer packaged goods companies. "This is happening in a lot in the retail industry," Doug Laney, research vice president at Gartner Inc., told me, but the trend is hardly limited to consumer companies.
"I would say probably 30% to 40% of my client calls over the last couple of months have been from companies in every industry and government, inquiring how they can package and market the data they collect in a way to generate revenue directly or generate revenue indirectly through favorable terms and conditions or through bartering," he said.
Laney, who coined the term infonomics in the 1990s, while working on ways to classify information for data warehouses, really started diving into the concept of recognizing information as a corporate asset after 9-11. That's when clients impacted by the terrorist attack sought advice on dealing with the data they lost. "This was before cloud," he reminded me. The companies, some of which lost all their data including backups, submitted claims to insurers for the value of the data destroyed.
"The insurers said, 'Well, wait just a minute, we'll pay you for the value of the hardware you lost but as far as we're concerned, electronic data isn't considered property,'" Laney said. After 9-11, the insurance industry actually changed the language on the general liability policy used by most commercial insurers to explicitly exclude electronic data from coverage, he recently learned.
Doug Laneyanalyst, Gartner
"And when did they do this? A month after!" he said, a hint of outrage in his voice. "Not to be outdone, a couple of years later the accounting profession re-issued Financial Accounting Statement No. 38 to explicitly exclude the capitalization of information on balance sheets."
Many data loss-related lawsuits later, the courts are still split on whether electronic data constitutes property, Laney said. Arguments against contend that electronic data is just the bits and bytes of the electronic arrangement of atoms on a disk. (As if the medium, allowing for fast and wide dissemination of information, doesn't add value to the message!)
The blowback from the insurance industry led Laney to examine the current balance sheet, developed in the late 1930s by the newly-formed U.S. Securities and Exchange Commission, some 15 years before anyone used information technology. Patents and copyrights are capitalizable, but general information is not.
"What is an asset, according to the international accounting standards? It really boils down to three things: an asset is something that is owned and controlled by the organization; it is something that is exchangeable for cash and something that generates probable future economic benefit," he said. "I don't think there's an argument that information does meet that litmus test."
Valuation models at a dataset level, with 'baker's dozen' metrics
The world is behaving as if information were a corporate asset, but infonomics remains a nascent field. "There are dribs and drabs of it outside Gartner," Laney said. A university in the Netherlands offers a program in infonomics. IBM is doing some work on quantifying information so decisions can be made about archiving it.
While companies are eager to monetize their data, valuation is of less interest. "If accountants aren't recognizing information as a corporate asset, why should we? But I make the argument that they shouldn't care what the accountants say. If they are an organization that wants to do more with information, then they'd better be quantifying its value, inventorying, treating it like an asset, applying asset management principles and practices -- or they will be in a poor position to generate maximum value from it," Laney said.
More CIO Matters columns
Building a business on 'likes' and 'shares'
Don't count on "e-lifers" to understand corporate privacy practices
Getting from "e-business" to digital business
In the era of big data, is one of the sacrificial lambs personal data privacy?
Gartner has developed a toolkit for establishing value, recommending, for example, that valuation be done at the data set level (e.g., customer database), rather than by individual record and by applying various criteria (completeness, quality, uniqueness). The latter acknowledges that the ubiquity of information is a factor in an organization's ability to generate value from it, Laney said. "A dataset that is more proprietary to a company and not readily available in the marketplace has greater or more intrinsic value."
Gartner isn't the only IT consultancy staking a claim in infonomics. A recent Forrester Research monthly tip for SearchCIO.com by analyst Ed Ferrara argued that chief information security officers need to put a valuation on information if they hope to obtain the security budgets required to keep up with escalating threats.
As for whose job it is to value a company's information asset, that's an open question, Laney said. Information strategy certainly falls within the purview of the CIO, but more companies are giving the job to chief data officer.
"We've gone out and trained some CDOs; the name infonomics may not come up but what they want to know is how to treat information a corporate asset," he said. A CDO at a global financial services company put it this way to him: "We know we stink at information management, but I would like to put some dollar signs on key information assets, so the people who run this company understand how important it is to collect, curate, manage and secure them appropriately."
Let us know what you think about the story; email Linda Tucci, Executive Editor.


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International Yoga Day 2017: 10 yoga poses to make your life better
Yoga poses for a healthy life on the International Yoga Day 2017.
By India Today Web Desk: Yoga has been quite synonymous with Indian history and a great addition for a healthy life. Indian Prime Minister Narendra Modi has made yoga quite a trend with the third edition of International Yoga Day.
Yoga is way more than just an exercise and it's increasing popularity across the world is a blessing indeed. Yoga helps you connect with you body and breath flow in a way that can eliminate all ailments and most diseases. It can keep away stress and anxiety and tone down any mental health issues if accompanies with regular meditation.
"Just as the mobile phone is now a part of your life, make yoga too a part of your life," Modi said addressing a crowd on the event of International Yoga Day 2016.
Here are 10 yoga poses to celebrate the International Yoga Day 2017:
Interested in General Knowledge and Current Affairs? Click here to stay informed and know what is happening around the world with our G.K. and Current Affairs section.
To get more updates on Current Affairs, send in your query by mail to email@example.com


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Social Networking website provide us with fun, excitement and knowledge. They have never provided its users any direct monetary gain. Well, this was a passé! A new social network claims its goal is sharing among its users- including the profits!
Bubblews is about to launch a new platform, which aims to bring together people by offering them a small amount of ad revenues to users, every time they post or share! Doesn’t it sound exciting?
Some facts you should know about this new social network website:
Founders Arvind Dixit and Jason Zuccari say bubblews.com will deliver advertising related to the content posted on the site — but contend that they are up front about this business model.“We’re a business so we will have to monetize this, but we are willing to compensate you for your social interactions,” Dixit told AFP.
While other social networks promote themselves as a free place to mingle and share, they end up making money in “intrusive ways,” such as tracking users’ browsing histories, said Dixit.
Dixit and Zuccari said Bubblews will not “mine” data from users’ browsing history through files known as “cookies.” Instead, it will glean information from the postings themselves, which will have a minimum of 400 characters.“Because people are writing at least 400 characters, through the posts we can understand their personality,” Dixit said.
“Now each person becomes an identity, not a cookie, or something you spy on.”
The name merges the word “bubble” to symbolise one’s thinking and “news,” the founders say.
The first version of Bubblews launched in 2012 in beta or test mode, and the founders say it drew tens of thousands of people posting and as many as 20 million visitors from around the world.
The company raised US$3 million (RM9.6 million) in venture capital and is launching a newly designed platform this week.
All posts on Bubblews are public, and anyone may follow a topic tagged with a plus sign.
This leads to more transparency and enables users without large groups of friends or followers to participate in conversations on topics ranging from the World Cup to world peace.
The site operates in English only, but other languages are in the works. Dixit and Zuccari said about half of those using the beta site are in the United States, with significant participation from Canada, Britain, India, the Philippines and Brazil.
Are you social media addicts ready to earn profits!!??


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Episode 51 | CES Aiken Eases Supply Chain Demand
It’s no secret that supply chain management continues to create challenges for businesses across the country. Of business leaders surveyed by SAP, 44% said that their current supply chain issues are due to a lack of raw materials, and 50% expect supply chain disruptions due to reduced raw material availability.
While there are no easy answers, electrical wholesaler City Electric Supply (CES) Aiken in South Carolina goes the extra mile to ensure that local contractors can get the material they need to start and complete projects.
The Aiken branch, just like the hundreds of other locations nationwide, has continued to thrive through hard work and a deep commitment to honoring customer loyalty. As a way of saying thanks to the community for supporting 25 years in business, CES Aiken invited local residents to celebrate the milestone.
“It’s fun to come out and spend time with customers during our 25th anniversary celebration,” said Branch Manager Samantha Thomas, who has been with CES for 15 years. “It’s also our chance to remind customers, ‘We know that material is hard to find right now, but we will fight for you and do anything that we can do to help you.’”
CES Aiken is Always Available to Its Customers
What is the Aiken branch’s key to success? Its team goes the extra mile by remaining on-call virtually 24/7 to provide impressively personalized service.
“Most of our customers have every CES team member’s phone number and can give us a shout anytime,” said Thomas. “If a customer needs material after hours, our team will help them. And if the customer can’t make it here, my team brings it to them.”
She followed, “Anything that you could possibly need electrical-wise, we can get.”
But how does City Electric Supply come through to meet the material demand? With next-level nationwide inventory support.
Three new CES fulfillment centers opened in 2022 for five strategically located centers across the U.S. These centers support over 550 branches throughout the country, each of which additionally stock and share various materials.
Diane Vanek-Costello, Owner-CFO at Lite Electrical Services, said about CES Aiken, “They’ve always been affordable and easy to work with. They quote quickly and find solutions so I can get material more efficiently.”
“I’m proud of my team, who goes above and beyond what they’re asked for to help customers,” said Thomas. “Our goal at CES Aiken is to keep growing our business and customer service to help even more people.”
Live in the Aiken area? Visit CES Aiken and let them help complete your project with its friendly, knowledgeable, and dedicated team.


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Topic: iPhone 5
09/26/2012, 09:09 pm
According to a newly-released build of benchmarking tool Geekbench, Apple's A6 processor found in the iPhone 5 is clocked at around 1.3GHz, not 1.02GHz as originally reported.
09/26/2012, 06:09 pm
An AnandTech forum thread started on Monday regarding "purple flare" or "purple haze" anomalies in images taken by the iPhone 5 has sparked concern that the issue is related to a possible defect, however further investigation reveals the problem is common with many modern digital cameras, especially miniaturized units.
09/26/2012, 03:09 pm
Though some websites are selling what are claimed to be inexpensive third-party cables compatible with Apple's new Lightning port, accessory makers have not yet reverse engineered the chip found inside Apple's official cables.
09/25/2012, 05:09 pm
A crime statistics report released by the New York Police Department this week revealed there were 11,447 recorded thefts of Apple products between Jan. 1 and Sept. 23, a 40 percent increase from last year that represents 14.4 percent of all other major crimes.
09/25/2012, 03:09 pm
While many around the world have slammed Apple's new mapping software in iOS 6, the company has built a special version of Maps for China that has been praised as a "huge improvement over Google Maps," though it lacks some new features due to Chinese laws.
09/25/2012, 01:09 pm
The exact cause of a riot at a Chinese Foxconn factory Sunday night remains under investigation, but employees at the Taiyuan facility returned to work on Tuesday after a one-day shutdown.
09/25/2012, 11:09 am
A closer look at Apple's new A6 processor found in the iPhone 5 has found that the system-on-a-chip includes two CPU cores, three graphics processing units, and a full gigabyte of RAM.
09/25/2012, 09:09 am
A cabling expert has taken a closer look at how Apple's new Lightning connector works, and has come to the conclusion that the 8 pins on each side of the plug are dynamically assigned, likely thanks to the use of a unique chip in the iPhone 5.
09/25/2012, 08:09 am
Apple's adoption of in-cell touchscreen panels for the iPhone 5 is the primary reason supplies of the new smartphone are constrained, according to a new report.
09/24/2012, 08:09 pm
A comprehensive side-by-side examination of the Apple and Samsung flagship smartphones was performed by display testing firm DisplayMate Technologies, which found the iPhone 5's 4-inch Retina display to be more refined than the OLED unit found in the Galaxy S III.
09/24/2012, 04:09 pm
Consumer Reports has called the iPhone 5 a "notable improvement" over its predecessor, but criticized Apple's new Maps application in iOS 6 as not up to par.
09/24/2012, 02:09 pm
While customers in international countries can already place a one-day reservation to get their hands on the iPhone 5 at an Apple retail store, the capability is set to come to the U.S. beginning tonight.
09/24/2012, 10:09 am
Though sales of the iPhone 5 over its launch weekend broke records, the 5 million units sold by Apple came in below Wall Street expectations, as the company's limited supply was not able to keep up with considerable demand.
09/24/2012, 09:09 am
Google-owned Motorola Mobility is attempting to capitalize on dissatisfaction with Apple's new iOS 6 Maps with an advertisement pushing the phrase "iLost" on Twitter.
09/24/2012, 08:09 am
In its first three days of availability, the iPhone 5 has achieved record breaking sales of 5 million, while more than 100 million devices have been upgraded to iOS 6, Apple announced on Monday.
09/24/2012, 08:09 am
The strength of the iPhone 5 could help Apple buck seasonal trends in the first quarter of calendar 2013, setting the company up to sell more than 200 million iPhones next year.
09/21/2012, 10:09 pm
Apple on Friday posted four new ad spots for its iPhone 5, three touting the handset's features and one focusing on the gratis set of EarPods included with every purchase.
09/21/2012, 07:09 pm
After performing a series of web and raw computing benchmarks, Apple's iPhone 5 was declared the world's fastest smartphone.
09/21/2012, 05:09 pm
An increasing number of iPhone 5 owners are reporting scuffs and other signs of damage to their newly-purchased smartphones right out of the box, with some miffed customers taking to the web in what is being dubbed "scuffgate."
09/21/2012, 04:09 pm
Hours after the iPhone 5 hit store shelves across the U.S. on Friday, it has reportedly been discovered that the CDMA Verizon version of the device can be used on AT&T and T-Mobile's networks with a simple GSM micro SIM card modification.


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- What’s New
- New Posts
- Best Posts
With the Tesla Semi unveiling just weeks away, a reddit user has posted a photo that may be our first look at a prototype of the vehicle.
The photo shows the truck being delivered to “an undisclosed place in California where they test Tesla vehicles.” The trucks shape resembles the shadowy rendering Tesla previously teased.
The Tesla Semi uses a cab-over design that’s more easily accomplished by the fact it does not use a hulking diesel engine, instead it uses electric motors located between the axles. The photo also shows a large silver object sitting on the ground that appears to be an air deflector commonly placed on the top of the semis to achieve greater aerodynamics. Tesla will surely be pulling out every trick to reach the efficiency necessary for long range trucking powered by battery. Elon Musk says the truck will offer a range of up to 300 miles.
Tesla plans to unveil the Tesla Semi at an event scheduled for October 26 at the Design Center in Hawthorne, Calif.


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The reveals don’t stop coming for Fortnite, as a new collab with TMNT has leaked for Chapter 5 Season 1!
Fortnite’s obsession with crossovers and collaborations continues into Chapter 5 and it seems that we’re getting more than just Family Guy, Metal Gear, LEGO, Rocket League, and The Weeknd.
Now, ahead of servers even going live, a brand-new TMNT (AKA Teenage Mutant Ninja Turtles) collab is leaking for Fortnite!
Teenage Mutant Ninja Turtles Are Coming
Fortnite dataminer Egyptian_Leaker has discovered a unique piece of TMNT graffiti inside the Battle Royale’s files, teasing an upcoming collaboration with Teenage Mutant Ninja Turtles.
Although the Turtles don’t currently have skins in the game, it appears that will be changing very soon.
This leak suggests that we’ll soon be able to get our hands on Leonardo, Raphael, Donatello, and Michelangelo, alongside their trusty weapons, in the Fortnite Item Shop.
UPDATE: The Turtles skins are now leaking, with in-game models now visible to dataminers.
In addition to the four beloved turtles, April O’Neil will also be making her Fortnite debut in the newest collaboration:
And it’s not just outfits that are set to arrive in Fortnite either.
Chapter 5 Season 1 will feature new Sewer Tunnels to explore, and it appears that some of them will be this TMNT variant that has been found in the game files!
Heading into these unique manholes will lead to the Turtles’ own Sewer Lair!
There’s sure to be good loot, or at least some pizza waiting to be found in there!
Excitingly, all of the TMNT will also come with new LEGO skin variants for LEGO Fortnite’s new survival mode!
We’ll update this article as more details of the Fortnite x TMNT collab emerge, such as release date leaks and prices!


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Northern Ohio auto dealers ended an otherwise-solid 2018 with a sluggish December, according to data released by the Greater Cleveland Automobile Dealers' Association.
The association reported that franchised dealers in 21 counties in the region sold 18,288 new vehicles in December, down 3.7% from 18,990 sales in December 2017.
For all of 2018, dealers sold 250,207 new vehicles, a decline of just 0.76% from 252,111 new units in 2017, the association reported.
"To finish the year only three quarters of a percent off from a very strong 2017 is still better than we anticipated at the beginning of last year," said Louis A. Vitantonio, president of the association, in a statement. He noted that at the start of 2018, the association had projected sales to decline by 1% to 2% from 2017 levels.
Dealers sold 115,639 SUVs and trucks in 2018, which was 451 units fewer than 2017, for a decline of 0.39%. Sales of new cars and sedans were off just over 1% for the year, the association reported.
Chevrolet edged Ford as the region's top brand in 2018, selling 37,407 new vehicles to Ford's 37,257. Honda was next at 20,292 new vehicles, followed by Toyota at 19,828. No. 5 overall was Jeep, at 19,441 units, though Jeep dealers had a huge year, with sales up 13.7% from 2017.
Retail sales figures are based on vehicle registration reports from the Ohio Bureau of Motor Vehicles in the following counties: Ashland, Ashtabula, Carroll, Columbiana, Coshocton, Cuyahoga, Erie, Geauga, Holmes, Huron, Lake, Lorain, Mahoning, Medina, Portage, Richland, Stark, Summit, Trumbull, Tuscarawas and Wayne.


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With the ability to screen your calls, silence itself with a flip and pick out the best photo in a bunch on its own, the Pixel 3 XL is one of the smartest phones ever. And, at least temporarily, it's also one of the ugliest.
Thanks to a weird bug, some Pixel 3 owners are complaining that a second notch is appearing on the right side of their phones.
Android Police, which first reported the issue, says that Google is working on a fix that should be “coming soon.”
But in the meantime, affected Pixel 3 XL owners are left to marvel at a notch twin just as deep and unattractive as the real notch towards the top of this flagship.
Realizing some would be turned off by the original notch, Google has allowed users to hide it via software. But for this bug, the temporary fix seems to be to either reset the phone or tweak the developer settings.
How did this happen? As Android Police notes, the issue could be related to screen rotation. So the affected phones could be confused about whether they’re in portrait or landscape mode.
We'll provide an update once Google has issued a fix.


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Announced in an updated support document, users in France, Italy and Spain may be able to purchase additional coverage if they have prepaid for an AppleCare + plan for iPhone, iPad, or Apple. Watch.
The new plan renews itself every month, reports AppleInsider.
Previously, extended coverage options were limited to Australia, Canada, Germany, Japan, United Kingdom, and United States.
Homeowners must purchase new coverage within 30 days of their original plan’s termination date, according to the report.
Apple notes that extensions automatically renew until canceled, with the company saying it may end coverage in certain cases, including cases where replacement parts are no longer available.
Written notice will be provided in such cases.
The extension is the latest change to Apple’s warranty service.
In April, Apple began allowing Mac owners in the United States to keep their AppleCare + plan active beyond three years, and in August introduced an option for new owners to purchase a plan as a subscription. annual.
AppleCare + offers coverage beyond Apple’s standard one-year limited warranty and up to 90 days of technical support.
The service extends hardware repair coverage and adds up to two incidents of accidental damage every 12 months, each subject to a service charge.


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IMF sells gold for loans to poor
The International Monetary Fund has approved the sale of a limited amount of its gold to help provide loans to poor countries and shore up its finances.
The fund's executive board said it decided on Friday to sell 403.3 tonnes in a way that does not disrupt the sale of gold in commodity markets.
The head of the IMF, Dominique Strauss-Kahn, expressed satisfaction with the board's decision. He said it would enable the fund to step up lending to poor countries and put the fund's finances on a sound, long-term footing.
The IMF says it is ready to sell the gold to its member nations if any are interested or on the open market in phases over a period of time.
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Xiaomi is at this point a well-known company, at least in the tech circles considering they don't exactly do business outside of Asia and Brazil. Anyhow, Xiaomi is China's number one smartphone manufacturer, and they managed to sell over 60 million smartphones last year. Xiaomi is looking to improve upon the company's results last year,, and expand their business even further. That being said, this company is also well-known for selling their devices over the internet only, well, at least until now, read on.
The company's CEO, Lei Jun, has opened Xiaomi's first physical store in Beijing. The company already has a number of 'experience' stores opened all over the country, but this will be the first store where consumers will actually be able to purchase Xiaomi products, instead of just tinker with them, at least according to the available info. Anyhow,t his new store is located in Beijing Modern Plaza shopping center, and consumers will not only be able to purchase devices there, but also repair them if necessary. This is yet another way Xiaomi is trying to expand their business, and we're sure many consumers will be glad the company has opened something like this. Consumers can now physical buy devices without the need to order them online, and submitting smartphones for repair should be easier than ever, presuming you live in Beijing, of course. If you take a look at the gallery down below, you'll get to see the newly-opened store in a number of images.
Xiaomi has introduced many devices this year, but we're still waiting for the company to unveil their flagship for 2015, the Mi 5. We haven't seen any Mi 5 rumors for a while now, but according to some earlier info, the device will sport a 5.2 or 5.5-inch display along with 4GB of RAM and a couple of internal storage variants. Qualcomm's Snapdragon 820 SoC was said to power this smartphone, but considering the device is expected to launch before the end of this year, MediaTek's Helio X20 64-bit deca-core SoC is a more probable solution for Xiaomi. The 16-megapixel camera will probably be available on the back of the Mi 5, and a 5-megapixel snapper will be available up front. Keep in mind that these are just rumors at this point, we'll have to wait and see what happens.


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London-headquartered cryptocurrency exchange, platform Blockchain.com announced today that the integration of a fiat payment gateway that will allow users in the United Kingdom to purchase cryptocurrencies using Pounds (GBP) instantly.
According to a press release shared with Coinfomania, the new payment gateway uses the UK’s Faster Payments Service (FPS), which, when combined with Blockchain.com’s best-in-class onboarding and access to FPS will allow British users, to go from account creation to buying crypto in less than five minutes.
For a start, new and registered users to the popular crypto exchange platform will be able to exchange GBP for Bitcoin (BTC) and Ether (ETH), with support for other cryptocurrencies to be enabled down the line.
Commenting on the development which comes amid talks of the United Kingdom exiting the European Union, the company’s co-founder and CEO, Peter Smith said:
As the country we’ve called home for almost a decade undergoes considerable changes, it’s imperative for us to provide the British people – our friends and families, co-workers and countrymen – new options to insulate their financial futures from the political scuffles that have destabilized the country’s economy.
Notably, the latest integration on Blockchain.com marks a first move in integrating fiat onramps on the pit.blockchain.com exchange platform, which has until now specialized in facilitating crypto-to-crypto transactions.
Integrating fiat gateways undeniably represents a step in the right direction for promoting crypto adoption since newcomers and existing crypto users often require a secure and convenient way to convert their fiat to cryptocurrencies.
Your crypto deserves the best security. Get a Ledger hardware wallet for just $79!
Information found on this website is those of the writers quoted. It does not represent the opinions of Coinfomania on whether to buy, sell, or hold any investments. Readers must conduct their own research before making any investment decisions. Use the provided information at your own risk.


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Up to the Minute Video News and Headlines From Global News Leaders Will Be Pushed to Viewersâ€™ Screen of Choice â€“ Smartphone or Desktop
KIRKLAND, Wash., March, 17 2009 â€” 1Cast, the revolutionary broadcast platform that delivers up-to-the-minute news video to subscribersâ€™ smartphones and the web, today announced that CNBC, The Wall Street Journal Digital Network, Reuters, AFP and others are among the premiere news partners who are distributing their daily news content to consumers via the 1Cast service.
With this initial slate of partners — Agence France-Presse, Bloomberg, CBC, CNBC, Reuters and The Wall Street Journal Digital Network, which includes WSJ.com, MarketWatch.com, Barrons.com and AllThingsD.com — 1Cast becomes the largest video news service of its kind, ensuring that consumers have access to the very latest video news coverage of their favorite topics on the desktop and their smartphone devices.
â€œConsumers are clearly interested in easily accessing and viewing a broad spectrum of news programming and consuming it on their terms, whenever they want and wherever they are,” said Anthony Bontrager, President of 1Cast, Inc. “As the leading single source of free, near real-time video news programming from some of the worldâ€™s most respected news organizations, 1Cast helps consumers quickly and easily find and enjoy the news that matters to them most.â€
1Castâ€™s personalized news service gathers content from top news sources and enables consumers to create personalized video playlists or â€œMicro-Castsâ€ on specific topics that they select. Updated continually throughout the day, consumers can visit 1Cast on the web or on their iPhone or Android smartphone to get current news on their own schedule. Users can also share these Micro-Casts with friends through email or on common web publishing platforms such as blogs, social networking sites and other web portals via the 1Cast embeddable video player.
What content owners say about 1Cast
â€œAFP covers news from all corners of the world and now consumers can choose personalized news on their laptop and share across platforms to their iPhone and soon other devices,â€said Gilles Tarot, Sales and Marketing Manager for North America at Agence France-Presse (AFP). â€œThrough 1Castâ€™s compelling service, AFP will bring users breadth and scope to the news of the day.â€
“We are thrilled to be delivering our news content to 1Castâ€™s customers, and to be a part of this exciting new market,” said Bob Kerr, Director of Business Development, CBC. “This is an important milestone in our continued expansion into new vertical markets.”
â€œWe are delighted to make our programming available through 1Castâ€™s innovative service, which enables the delivery of up to the minute news content to a wider audience and enhances the consumer experience,â€ said Sebastian Laver at Reuters.


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The U. S. Food and Drug Administration (FDA) issued a public health alert yesterday at the center of the controversy, over herbal supplement. This issue has been put up one month after a downtown Lawrence store had been raided by the authorities.
Seizing an herbal weight-loss supplement known as Que She, the law enforcement officials had shut down Sacred Journey, 1103 Mass., on 10 June. Very hazardous ingredients are present in these weight-loss tablets, according to FDA.
It said that any person, who had bought these pills, should not intake them, and consult their doctors as soon as possible. Que She had been commercialized as 'an all-natural blend of Chinese herbs', containing active pharmaceutical constituents, which are not detailed on the label that it may harm consumers, particularly to the ones with cardiovascular conditions.
A drug called fenfluramine is an important element in Que She, which had been withdrawn from the U. S. market in the year 1997, as it had caused fatal heart valve damage to many. It also contains various other substances that can be a reason for high risk of heart attack and stroke in patients, who have been suffering from heart ailments.
There were other drugs also detected in Que She, which were the beta-blocker propranolol: a serious element that can cause asthma.


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The Federation of the Brewing and Soft Drinks Industry (FBSDI) is wondering why they are being punished with the new tax hikes, while the Substance Abuse Prevention Association (EHYT ry) says that fears of “booze tourism” to neighbouring countries are overstated.
According to EHYT's Director, Sari Aalto-Matturi, the increased rate of taxation strikes a reasonable balance between between economics and health and well-being.
“In recent years increases on alcohol and tobacco products have been a success story, the continuation of which is welcome.” says Aalto-Matturi.
The FBSDI condemned the government’s announcement as soon as it was made on Thursday. The Federation considers it unreasonable to instigate a new hike, which will be the fifth since 2008.
According to the Federation, the increased cost to consumers will send them flocking to nearby Estonia to purchase alcohol. According to them, at present the Finnish government loses over 300 million euros a year in tax revenue per year due to private passenger imports of alcohol from abroad.
Is increased booze tourism a myth?
“Trade is shifting increasingly to Estonia,” says FBSDI’s Director, Elina Ussa. “However, the disadvantages are dealt with in Finland.”
EHYT believes that concerns regarding passenger imports are being exaggerated.
Aalto-Matturi says that long-term follow-up data on passenger imports does not show an increase of such activity, in fact, rather the opposite. Her argument is that claiming that so-called “booze tourism” is a rising phenomenon ignores statistics that indicate both its decrease, and similarly decreasing levels of substance abuse in Finland.
Meanwhile, the FBSDI is also concerned about jobs. According to the body, the industry employs almost 30 000 people, when taking into account the entire chain – from farm to thirsty consumer.
Ussa wonders if the alcohol industry is being punished, highlighting the fact that the taxation rate is the highest in the EU.
Meanwhile, the Substance Abuse Prevention Association also acknowledges the importance of the issue in terms of labour. The body is keen to point out that alcohol is in many ways a factor in shortening working life.
Five to seven percent of disability pensions are quite directly attributable to alcohol related problems Aalto-Matturi says.


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Did you watch Coming 2 America this past weekend? If you did, you helped it set a pretty big record. According to Deadline, the research firm Screen Engine/ASI and Amazon Studios are saying the highly-anticipated sequel was the most watched streamed film since theaters closed last March. “The Zamunda Royal family has arrived and audiences […]
It’s time to get your Amazon account up and running! According to Variety, the highly-anticipated Coming 2 America sequel will be release not in theaters, but via Amazon Studios. Amazon Studios picked up the sequel, starring Eddie Murphy, from the distributor Paramount Pictures for a deal worth around $125 million. Coming 2 America is slated to […]
Mark your calendars, Rihanna is back with Vol. 2 of her Savage x Fenty Show. The singer took to Instagram to tease the show that will drop, October 2nd on Amazon Prime Video. In the teaser, we see cameo’s from Lizzo, Miguel and more. “Who ready?!!? #SAVAGEXFENTYSHOW VOL. 2. 10.02.20 #SAVAGENOTSORRY @savagexfenty @amazonprimevideo @amazonfashion,” Rihanna […]
Yesterday, Whole Foods announced that they will begin offering special discounts to Prime customers, including 10% off hundreds of sale items and various rotating weekly specials. The discounts have begun in Florida and will start for all other stores this summer. Amazon had announced earlier, free two-hour delivery from Whole Foods stores for members of […]
Vladimir Putin has decided that he won’t expel any U.S. diplomats in response to President Obama’s sanctions on Russian diplomats and intelligence agencies.
The Fraternal Order of Police requested the removal of BLM shirts from Amazon after Walmart discontinued sales last week.
Local governments are offering tax breaks, subsidies and other incentives in corporate welfare to corporations like Amazon and Disney.
'The Jungle Book' dominated the box office this weekend, raking in $104 million domestically and $240 million worldwide during its debut weekend.
Another sign of the digital age we live in, the historic Washington Post has been sold. In a stunning announcement, the Washington Post said Monday that it has been sold for $250 million to Amazon founder Jeff Bezos. Publisher Katharine Weymouth made the announcement at a hastily called meeting of the paper’s staff on Monday. […]


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RD accelerates its tourist reactivation: 75% of hotels are open
ASONAHORES HIGHLIGHTS IMPORTANT INVESTMENTS IN THE SECTOR
The Association of Hotels and Tourism of the Dominican Republic, Asonahores, stated that it maintains a firm commitment to the sustainable recovery of the tourism sector and the country’s economic stability.
The entity indicated that the arrival of tourists has increased consistently and that more than 75% of hotel properties are open, essential tourism projects are restarting their construction, and new investments are being developed in the sector.
Rafael Blanco Tejera, president of Asonahores, offered these statements at the opening ceremony of the “ASONAHORES Meeting: Innovation + Tourism Talk Dominican Republic” held at the Meliá Caribe Beach Hotel in Punta Cana.
Blanco Tejera explained that the tourism sector represents the engine of the Dominican economy, constituting approximately 22% of the gross domestic product and generating hundreds of thousands of jobs directly, indirectly, and induced.
“The tourism industry is the sector that most closely links with the different productive sectors of the country, and that is why it is so important to focus our efforts on achieving an opening of the international tourism sector that is sustainable over time,” said Blanco Tejera.
He affirmed that from Asonahores, they have carried out strategies and plans to reposition the Dominican Republic as a leading tourist destination in the Caribbean. This guarantees the essential contributions that the tourism sector makes to the country.
Likewise, he stressed that it is vital to have a firm public-private alliance that implements clear policies and that can generate, due to confidence, both the governments of the tourist-issuing countries and the final consumer.
He explained the current collaboration with the Central American Tourism Promotion Agency ( CATA ) to improve the positioning of the Dominican Republic brand as a destination in innovation, diversification, and compliance to continue developing sustainable and sustainable tourism.
“And we must think not only about restoring the levels of growth that we had but also taking advantage of this pause imposed by the pandemic to relaunch our tourism sector more competitively than ever,” said Rafael Blanco Tejera.
He also stated that Asonahores is fully committed to the work that has been developed in conjunction with the public sector, which has shown an unconditional commitment to the tourism sector.


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Gent lined up as Glaxo chairman
FORMER Vodafone chief executive Sir Christopher Gent is expected to join the board of drugs company GlaxoSmithKline as heir apparent to chairman Sir Christopher Hogg.
Hogg, 67, wants to scale back his business activities, but feels duty bound to sort out the pay problems at GSK before retiring.
Investors want a British chairman who will act as a counterweight to the drugs company's chief executive Jean-Pierre Garnier who views himself as an American-style boss and wants a pay packet to match.
Gent last year waded into the controversy over Garnier's pay deal, which was thrown out at the 2003 annual meeting in an unprecedented shareholder revolt.
He said Garnier's arrangements were 'excessive', but added that sniping against his own £12m package at Vodafone was motivated by 'envy, not aspiration'.
City sources said that talks with Gent are well advanced. GSK refused to comment.
Shareholders look set to approve a revised executive pay deal at the drugs group's annual meeting today.
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If up to now many have thought of electronic yuan as an attempt to undermine the imperial power of the dollar, now comes a quite different point of view, which seems to shed new light on CBDC Chinese.
According to this version, in fact, it would be one real response to the expected launch of Pound. Facebook's digital currency, in fact, would have been immediately seen by Beijing as a tool capable of making its way even in the Asian giant. A real danger, therefore, considering the relationships between China and the United States in recent times.
Kim Jong-han's claims
It was these surprising statements Kim Jong-han, a researcher working at the Korea Institute of Finance , an important economic study body.
Then adding in support of his claims that the digital yuan, currently being tested in five major metropolitan areas of the country, it had a significant acceleration just when the Libra White Paper was published. As evidence of the considerable fear triggered in China by Mark Zuckerberg's virtual currency.
Will China's aid support the spread of the digital yuan?
Another interesting statement by Kim Jong-han is then that relating to the Chinese CBDC will be used in cross-border tradegoing to replace the US dollar in many international agreements.
The shrewd policy of aid provided by China during the pandemic will also favor this evolution coronavirus, as the countries that have received humanitarian aid from China they are likely to be more likely to adopt the digital yuan.
A thesis married by Bloomberg
It should also be stressed that the thesis in question was also advanced by Bloomberg, in a recent article signed by Andy Mukherjee.
According to the editorialist, in fact, the intention to increase its financial influence, with the precise aim of creating a global regulated network for convenient retail payments, advises Beijing's moves. Naturally dominated by its virtual currency.
If, however, until recently, almost everyone believed that the real target of Beijing was the US dollar, in fact the thesis that would move it to Libra would have its own logic. The Chinese CBDC would in fact be an attempt to shift competition in the area of new technologies, where he would not have an adversary for a digital dollar of which there is still no trace, but Libra.
An advantage for Libra?
If what Kim Jong-han and Andy Mukherijee said were true, however, the attitude of US policy towards the creation of Facebook could also change. Why leave China free in an industry that is becoming increasingly important, hindering Pound? At least while waiting for the United States to decide to move in the direction of a digital dollar, the possibility of placing an obstacle to Beijing's increasingly imperious advance in the digital economy could be identified in Mark Zuckerberg's digital currency.
All that remains is to wait for the next developments, to understand if the orientation of the stars and stripes policy towards Libra will change, also taking into account the fact that in recent months, relaxing signals have arrived from Menlo Park towards the same.


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ConExpo-Con/Agg Washing and Classifying Equipment
As aggregates producers prepare to attend ConExpo-Con/Agg March 4-8 in Las Vegas, Aggregates Manager surveyed the market to get a better idea of operator plans for equipment investment. A total of 84 respondents shared insights into their plans.
One in four survey respondents say they will spend more on washing and classifying equipment this year than in 2013. When asked about washing and classifying equipment acquisitions, 22.6 percent of respondents say they plan to buy a new system during the next 12 months, while 8.3 percent say they will buy a used system.
To help facilitate these investments, here is a roundup of washing and classifying equipment on display at ConExpo-Con/Agg.
Click through the slideshow to see what each manufacturer will have on display.
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Reckitt Benckiser pays $1.4 billion in opioid settlement Seattle Times
LONDON (AP) — Consumer products company Reckitt Benckiser says it will pay $1.4 billion to resolve U.S. investigations into the marketing of an anti-addiction …
Original published: 2019-07-11 15:58:00 Read the full Seattle News here
Some local news is curated - Original might have been posted at a different date/ time! Click the source link for details.


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Apple’s third-generation iPad may hit stores sooner than expected.
The iPad 3 could be released as soon as February — possibly on Feb. 23, a day ahead of what would have been founder Steve Jobs’ 57th birthday, according to reports. That’s earlier than previous estimates of March or April.
The new iPad will boast a so-called “Retina Display” whose screen will have twice the resolution of current iPads, Citigroup analyst Richard Gardner wrote in a research note yesterday.
Other reports lately have predicted the next iPad will use super-fast 4G LTE data networks.
Other rumors, however, have suggested the iPad 3’s launch will be delayed to make way for the spring launch of a smaller “Mini iPad” — possibly in response to Amazon’s Kindle Fire tablet released last month.


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Digital TV News: TV 2 Sumo
Northern Waves reschedules Oslo TV conference to 2022
Feb 9, 2021 – Norigin Media has announced that the conference will not take place in Oslo in 2021. The TV technology and business conference will instead become a series of online compact conferences in the spring and autumn of 2021.
News categories: Norigin Media, Northern Waves, Ajey Anand, COVID-19, Norway, Show
TV 2 Sumo upgrades LG Smart TV apps with Norigin Media
Nov 17, 2020 – TV 2 Sumo has upgraded its apps on LG Smart TVs with Norigin Media. The updated design is built for multiple LG WebOS models using Norigin's TV App Framework. Enhancements include 4k streaming and TVOD support, among others.
News categories: Norigin Media, TV2 Sumo, LG Electronics, Ajey Anand, Marius Bjerke, Jonas Marken, Apps, Digital TV, Norway, Smart TV, Streaming
TV 2 Sumo selects Norigin Media for TV apps
Aug 27, 2019 – TV 2 Sumo has selected Norigin Media to build and launch its TV Apps. The TV 2 Sumo apps will be built across selected large screen devices, including Samsung Smart TVs, LG Smart TVs and PlayStation, with a custom designed user experience created by TV 2 Sumo.
News categories: Norigin Media, TV 2 Sumo, Ajey Anand, Marius Bjerke, Apps, Digital TV, Norway, Streaming
Vimond to provide managed cloud OTT TV for Nordisk Film brands
Jun 15, 2015 – Vimond Media Solutions has announced a collaboration with Nordisk Film. As part of the agreement, Vimond will provide an end-to-end managed cloud OTT-TV and video streaming service for Nordisk Film brands such as minbio.dk and Dansk Film Skat.
News categories: Vimond, Nordisk, Andreas Helland, Mikkel Weider, Content Distribution, Denmark, Digital TV, Mobile, Streaming
RiksTV Uses Ekioh Engines to Launch OTT Services in Norway
Nov 20, 2012 – Ekioh has announced that RiksTV have launched a range of new services in Norway using Ekioh's SVG & HTML engines. The Ekioh engines are at the heart of two new digital hybrid set-top boxes manufactured by Strong which are being sold to Norwegian customers through the retail market.
News categories: Ekioh, RiksTV, Strong Technologies, Digital TV, Middleware, Norway, Set Top Box, Streaming, Terrestrial
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