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Walt Disney Co. agreed to acquire Marvel Entertainment Inc., the creator of Spider-Man and thousands of other characters, for about $4 billion.
The deal marks one of the largest acquisitions in Disney's history and the first big media deal since companies began hoarding cash last fall during the global financial crisis.
The move fits with Disney's stated strategy of driving revenue from popular content over time across multiple platforms. It also gives the company a boost with young male audiences, where Marvel's characters like Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor are particularly popular. Disney has shown more strength with females from its properties like Hannah Montana.
Under the agreement, Marvel shareholders will receive $30 a share in cash plus about 0.745 Disney share for each Marvel share. Based on Friday's closing prices, the deal is valued at $50 per Marvel share, about a 29% premium.
The companies said the amount of cash and stock in the deal will be adjusted at closing so that the value of the Disney stock is at least 40% of the purchase price. Besides shareholder backing, the deal will require antitrust approval.
Miller Tabak analyst David Joyce said Disney is paying a steep valuation for Marvel but he views the deal as a "good long-term strategic move" for the company. "This is another sign that confidence is returning to the marketplace," he said.
Disney shares were down 1.7% at $26.38 in Monday morning trading on the New York Stock Exchange, while Marvel shares jumped 26% to $48.79.
Marvel has long-term production and distribution deals in place with Disney competitors, including Sony Corp.'s Sony Entertainment, News Corp.'s 20th Century Fox Films and Viacom Inc.'s Paramount Pictures, which complicate the company's strategic position. News Corp. is the parent of Dow Jones & Co., publisher of The Wall Street Journal.
In many cases, it will take years before Disney can garner anything more than licensing fees from some key Marvel characters, but Disney Chief Financial Officer Tom Staggs said those revenue are attractive and the company will have the option to produce and distribute Marvel's content on its own when those deals expire.
"Marvel is worth more inside Disney than outside Disney," Mr. Staggs said.
Marvel Chief Executive Ike Perlmutter, who will continue to oversee the Marvel properties, called Disney "the perfect home for Marvel's fantastic library of characters given its proven ability to expand content creation and licensing businesses."
The comic book maker has been boosting awareness of its characters by continuing to branch out into animated television series and live-action films. However, the company in the spring pushed back its film schedule through 2012 as it looked to build anticipation for its coming slate of films.
Marvel's results have been boosted from its film-production business, and last year was the first year it which it began to produce its own films, taking in all the profits instead of just licensing fees.
In March, it formed an international advisory board made up of business leaders from overseas markets as it looked to expand its global presence.


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IBM is looking to boost its mainframe business with a Linux push that includes new hardware, software and the founding of the Open Mainframe Project. The company is also contributing mainframe code to the open source community.
A former SAP executive has pleaded guilty to conspiring to bribe Panamanian officials in an effort to secure government contracts for the software vendor.
Three “high risk” vulnerabilities in SAP Mobile could give attackers access to encrypted information stored in mobile devices, security firm Onapsis reported Wednesday.
Two-factor authentication is often held up as a best practice for security in the online world, but Dropbox on Wednesday announced a new feature that's designed to make it even tougher.
Fidelity National Information Services is buying financial software vendor SunGard for US$9.1 billion to broaden its range of enterprise banking and capital market offerings.
Salesforce has long been a proponent of wearable computing's enterprise potential, and on Tuesday it showed off five new Apple Watch apps created specifically for business users.
After blasting Microsoft's attempts to set Edge as the default browser in Windows 10, Mozilla is enjoying some sweet revenge by steering Firefox users away from Bing.
Infor made a $675 million bid to bolster its cloud and supply-chain management capabilities Tuesday with the announcement that it will acquire global order-management platform provider GT Nexus.
Oracle has come under considerable fire over the years for its restrictive license terms and aggressive audit program, but it appears at least some change is on the way.
In case you needed another reason to uninstall Adobe Flash, we've got one: It can drag down your PC by as much as 80 percent. Yes, 80 percent. So not only is Adobe Flash incredibly unsafe, it's a memory hog. And we've got the numbers to prove it.
Amazon Web Services now lets companies run Oracle's database for about 3 cents per hour, while at the same time adding more options for enterprises that want to move high performance workloads to the cloud.
Data-integration giant Informatica has made itself a private company in a $US5.3 billion deal that includes investments from Microsoft and Salesforce.com.
The U.K. Cabinet Office has reportedly asked government departments and agencies to try to find ways to end their reliance on Oracle software, but it's not clear that approach will really solve its problems.
Microsoft brought its Sway presentation tool out of beta Wednesday, making it generally available for anyone who wants to create Web-based presentations that automatically reshape themselves to fit different devices.
LibreOffice, the popular open source office suite, received a major update Wednesday with the release of version 5.0, which adds a host of new features and compatibility with Windows 10.
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Watchdog concludes nine-month review.
A crystal ball look into the future.
Motorists can now pay for petrol without leaving their car.
Centre in popular tourist hotspot completes repositioning.
Regional Victorian centre continues redevelopment at pace.
Calls made to delay container deposit scheme.
ACCC delays Woolies, BP decision again while warning retailers Amazon putting others out of business is “a harsh reality.”
Supermarket giants ramp up digital offerings as Amazon looms.
Cohort of activist shareholders withdraw motion.
Groceries sector leading the way for digital experience, according to new research.
Supermarket giant implements new Australasian Recycling Label, launches Xmas campaign.
Discount department chain finds sales for first time in several periods, as food division outpaces rival.


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Hong Kong’s environmental authorities will press ahead with a proposal to double the city’s plastic bag levy to HK$1 (13 US cents) following a 13-year price freeze, with the bill to be tabled for lawmakers’ deliberation in the second quarter.
The government also gave a more concrete time frame for implementing a long-touted waste charging scheme, which is expected to come into force in the second half of next year.
The Environment Bureau’s plan, revealed in a paper submitted to the Legislative Council, followed waste reduction recommendations from the Council for Sustainable Development last week. Among these, the bureau was advised to increase the levy for plastic shopping bags from 50 HK cents to HK$1 or HK$2.
Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.
Legco’s environmental affairs panel will discuss the plan at a meeting on Monday.
The move is part of the Waste Blueprint for Hong Kong 2035, under which the administration hopes to promote a “plastic-free” culture amid ever-growing mountains of rubbish.
“The medium-term goal [of the blueprint] is to gradually reduce the per capita municipal solid waste disposal rate by 40 to 45 per cent,” the bureau said in the paper.
“The long-term goal is to develop adequate waste-to-energy facilities, so as to move away from the reliance on landfills … and achieve ‘Zero Landfill’ in around 2035.”
Under the plan, the bureau will also lift levy exemptions for frozen and chilled foodstuffs, under which plastic bags are currently given to customers for free for public hygiene reasons.
Takeaway food will receive exemptions, but eateries can only give customers one plastic bag for free. The bureau said it would introduce guidelines and allow the retail sector and the public to prepare for the new measures before they took effect.
However, environmental groups criticised the proposed changes as too little, too late.
“The changes are neither updated nor effective. Raising the shopping bag levy has no deterrence effect,” said Angus Ho Hon-wai, executive director of Greeners Action.
“The government has missed the point. It isn’t enough if the public can afford the levy. Any change must be potent enough to make people change their shopping habits.”
“In Africa, 34 countries have outright banned plastic bag use. But I can’t see any determination from the Hong Kong government to cut plastic bags.”
Leanne Tam Wing-lam, a Greenpeace campaigner specialising in plastic waste management, said: “What is important is that the government can regulate businesses so that they will provide consumers with plastic-free shopping options.
“It is wrong for the government to keep building new waste-to-energy facilities, meaning incinerators. It is a distraction. Burning garbage still emits carbon. Many places, such as Denmark, Australia and Connecticut in the United States, have stopped building incinerators.”
Wholesale and retail sector lawmaker Peter Shiu Ka-fai also said he doubted the rise in the levy would be effective enough to deter consumers from cutting back on plastic bags.
“I think HK$1 is an affordable price for most consumers, especially those who have got used to buying plastic bags,” he said.
“I believe it is not going to be effective. Those who would stop using plastic bags would have been deterred when the levy when first launched. Those not deterred would continue using them regardless.”
The levy was first introduced in 2009, targeting about 3,000 supermarkets, convenience stores, pharmacy chains and cosmetics shops, with full implementation of the law taking effect in April 2015.
The disposal quantity of plastic bags declined by a quarter within the first year. But the number of shopping bag disposal has rebounded since, according to the paper.
Separately, the waste charging scheme, which the bureau said was a “main driving force” behind waste reduction, was expected to be in place in the second half of next year, the bureau said in the paper, adding it would provide the city’s 2.9 million households with free designated garbage bags to help residents adapt to the charging arrangement.
Under the policy, garbage bags will be priced at 11 cents per litre with nine different sizes. Authorities will also set up thousands of sales points in supermarkets, convenience stores, pharmacies, post offices and online platforms, and install vending machines at public transport interchanges and piers to sell the bags.
Legco approved amendments to the Waste Disposal Ordinance last August to introduce the charges for municipal solid waste. The government was given 18 months to prepare for the charging arrangements.
More from South China Morning Post:


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The Crobar, the legendary rock bar is launching the world’s first online pub.
The bar is a favourite of Foo Fighters’ frontman Dave Grohl. It confirmed in September that it would be closing due to lost earnings during the Covid-19 pandemic. However, the bar recently raised £40,000 from a crowdfunder.
An additional £30,000 has also been raised. They aim to launch in a new location in central London when this pandemic ends. What a party that will surely be!!
Other famous musicians to have frequented the bar over the years also include Alice Cooper and Slash.
Virtual bar allows people to “have a natter, lift their spirits and be themselves”
Yesterday, the Crobar launched this online pub. The owner Richard Thomas described this as “an opportunity to help his customers and anybody else who wants to join in by creating a secure and controlled space where anybody is welcome to have a natter, lift their spirits and be themselves”.
This Crobar Virtual Pub will be available online every Friday from 3pm to Saturday 3pm. Check it out here.
Customers will only need to register once, to gain access to every event. People will be able to create their own tables or move around other tables in groups of eight.
Even when the pubs re-open, the virtual bar will remain available for people still affected by the pandemic.
Fundraising is also still active. Donations from the likes of Judas priest and Rival Sons are still available in the raffle. More information here.
“No mean feat”
The bar’s owner Richard Thomas also had this to say.
“My customers are my priority and without them we’d not have reached the fantastic amount of £70K- that’s £30K since January 29 – which is no mean feat!”.
He added, “But since we closed down our physical location and started this crowdfund, the amount of people who have shared how much loss they’ve felt since that fateful facebook post is immeasurable”.
“It’s why, with the help and hard work of some techy fans, we were able to set up an online pub to recreate that ‘safe zone’ where people can chat, giggle and share stories without judgement and reattune their social skills again! They are free to create their own tables or float around other tables with groups of up to 8″.
“Our three pilot tests before the launch worked so well because we’re all dealing with practically the same struggles. I am so grateful to be of some service to the punters who require this outlet; furthermore, the feedback I’m getting is that it’s fun and people are making new friends!”.
Speaking of Dave Grohl, his band the Foo Fighters are to feature in a new horror-comedy film. Check out Nova’s report on that here.


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Social media is changing at a rapid pace.
For example, just slightly a year and half ago, Stories was introduced on several major social media platforms. While Instagram Stories have more than 300 million active daily users, Snapchat Stories being viewed 10 billion times a day.
The new content format has proven to be an instant hit among buyers and brands, making it one of the most popular and in-use social media features.
To succeed on social media, it’s essential to stay ahead of the curve and understand the latest social media trends. To make it easy for you keep the pace with all these changes, we have put together a comprehensive social media trends report. In this report, you’ll learn about the top major trends to help you succeed on social media in 2018.
5 Major Changes that Took Place in Social Media Marketing in 2018
#1. Live Video
- Breaking news, concerts and conferences, and behind the scene content are the most popular among the audience.
- Streaming videos now account for more than two-third of the internet’s traffic.
Live video has completely taken over the social media real estate. Started in 2015, Live videos are now immensely appealing to brand audiences: 80% would rather watch live video from a brand than read a blog, and 82% prefer live video from a brand to social posts.
With 91% of all the live videos being streamed on Facebook Live, the social media platform offers brands the ability to engage with your their followers in real-time. The live broadcasts are coupled with reactions, comments, and viewer numbers which helps brands to prompt responses by asking and answering questions.
Brands like Sephora, Mashable, Starbucks, Bloomberg, and Kohls are using live streaming to share behind-the-scene videos, trending information, recent brand announcements, interviews, and to answer customer questions.
#2. Facebook is Changing
- Facebook makes major changes to its algorithm emphasising on more meaningful social interactions.
- The social media now measure post reach based on actual views.
The new year has brought a new Facebook feed for consumers as well as brands.
Following the above changes, Facebook will begin to calculate reach based on how many times a post enters a person’s screen from this week onwards. This will make organic reach of Pages more consistent with the way Facebook measures reach for ads.
#3. So is Instagram
- You can now schedule Instagram posts in advance.
- You can now add GIFs to your Instagram stories.
- Instagram Stories can now be published in type mode.
Facebook is introducing new changes not just in its apps but its subsidiaries as well. Facebook owned Instagram will now enable business profiles to schedule posts with third party tools having to go through the current process of getting an alert and manually posting.
Plus, Instagram has announced a new ‘Type’ mode for Stories. The feature will let users to share just text in Stories, without the need of a photo or video.
Moreover, the media sharing app has rolled out GIF stickers that can be added or pinned to videos and photos in Stories.
#4. Chatbots are taking over
- The new AI wave has restroked chatbot marketing’s sails.
- 95% consumers believe that ‘customer service’ is the major beneficiary of chatbots.
- 75% of business said that AI will be actively implemented in their companies within the next three years.
The rise of social messaging has given a pump to chatbots.
2016 saw Facebook welcoming third-party chat bots on its Messenger platform. As Facebook Messenger grew, the number of bots in Messenger also grew — from 33,000 to more than 100,000 in just a year. There are also chatbots in WeChat, Slack, Viber, iMessage, Kik and many other platforms.
Not just selling products, chatbots have also found their use in social selling.
#5. Social advertising is on peak
- Facebook bans all ads for cryptocurrency.
- Carousel ads can now be seen in Instagram Stories.
- Snapchat’s ad automation will automatically attach deep links to brand campaigns.
As Facebook is becoming more strict towards paid ads, it further looking to lock down the ways its platform is being misused. In an attempt to save its audience from getting duped by scammers, Facebook will ban all ads promoting cryptocurrency.
While the social giant is gearing up against paid traffic, its brain child Instagram is helping brands make their ads look better in the Stories feed. The photo-and-video app is rolling out its own version of carousel ads in its Stories that can include three consecutive photos or videos instead of the standard one.
Snapchat is right behind its arch rival in rolling out new ad features. Thanks to ad automation, the image messaging app now automatically create the deep links for advertisers’ campaigns so that swiping up on an ad will immediately open a brand’s app.
The Bottom Line
The social media world is changing everyday, every minute, and every second. While it’s impossible to predict how the social media marketing landscape will change over the course of a year, but marketers should keep an eye on the above evolving social media elements to woo their customers with these new trends.


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Martinsburg Woman Nearly Lost $15,000; Banker Alerted Her
A retired Martinsburg woman nearly got scammed out of $15,000 and she is telling her story to the Herald to raise awareness.
Margaret “Peggy” Steinfurth, a retired librarian, said that she took a call on her cell phone on the afternoon of Friday, June 10. The male caller said that he was calling from the company Amazon and that their had been a “questionable purchase” on her Amazon account.
Steinfurth said that she didn’t suspect anything because she frequently buys items from Amazon. She was told that someone had ordered a computer and a computer-related device using her Amazon account.


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Felicia Day to Launch 'Dragon Age: Redemption' Web Series
The creator of "The Guild" is set to launch the new six-part, video game-inspired series this summer.
Web series pioneer Felicia Day is going from a fictional role-playing game to a real one.
The creator of The Guild is set to launch a new web series inspired by the BioWare game Dragon Age called Dragon Age: Redemption. The six-part series will have its premiere this summer after the release of the game sequel Dragon Age II.
“I’m a huge Dragon Age fan, and I have been looking for a follow up project to The Guild for quite some time,” said Day. “I was thrilled when the opportunity to work with BioWare materialized. Dragon Age: Redemption allows me to tell a fantasy story in a new way, using a universe I really love.”
In the series, Day will have a featured role as an Elvish assassin who forms an uneasy alliance with others to capture a dangerous rogue mage. Day wil present the trailer for the new Redemption series Wednesday on Late Night With Jimmy Fallon.
BioWare will launch the Dragon Age II demo Feb. 22 on Xbox 360, PlayStation3 and PC, followed by the game's official release to stores March 8.
The ICM-repped Day starred in Joss Whedon's Dr. Horrible's Sing-Along Blog, and she had a recurring role on Buffy the Vampire Slayer. Her series The Guild, about players of a massively multi-player online role-playing game, has drawn more than 100 million viewers since its launch in 2007.
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Hanesbrands cuts sales outlook after Q2 profit slide
- Q2 profit plummets 39% to $94.9m
- Sales up 13% to $1.52bn
- Analysts upbeat despite innerwear sales fall
Innerwear sales dropped 1% in the quarter
US apparel manufacturer Hanesbrands has cut its full-year sales outlook after second-quarter net profit plummeted 39%, weighed down by one-off charges.
Net income amounted to US$94.9m for the three months to 4 July, compared to $154.6m in the same period last year.
The company incurred $126m in pre-tax charges related to acquisitions, integration and other actions, up significantly from $24m in the prior year. Adjusted net income increased 17.1% to $2014.5m from $174.6m.
Sales increased 13% to $1.52bn from $1.34bn a year ago, marking its sixth consecutive quarter of record year-on-year sales. Hanesbrands attributed the growth to a 19% increase in activewear sales, and its acquisitions of DBApparel and Knights Apparel.
However, innerwear sales edged down 1%. Sales of basics, including underwear and socks, increased while intimate apparel sales dropped, with the consumer sales environment remaining uneven.
"We continue to deliver double-digit growth in adjusted operating profit and EPS as expected, and we are tracking to our full-year profit expectations," said chairman and CEO Richard Noll.
"The integrations of our DBApparel and Knights Apparel acquisitions are proceeding on plan, and we continue to reap benefits from the past acquisitions of Gear for Sports and Maidenform. Our brand innovation platforms and global supply chain performance continue to drive margin improvement."
The company now expects full-year net sales of just under $5.9bn, down from earlier expectations of $5.9-5.95bn.
FBR&Co analyst Susan Anderson said although downstream inventory reductions affected innerwear growth, the company's "fundamental story is intact".
"What had been thought a temporary fluctuation in basics inventories at a downstream retailer turned out to be a permanent decline, a drag that will likely persist in 2H15," she said, adding: "We expect innerwear to remain pressured in 2H15, but intimates space gains/new product (MFB/Bali) and the completion of rationalisation in the mid-tier/department stores may help to mitigate."
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Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more
(This post has been updated.)
Baidu and Uber held a press conference in China today to confirm a partnership that will bring the San Francisco-based ride-sharing service to a massive new market.
However, Bloomberg previously reported that Baidu, the country’s largest search engine, would invest up to $600 million in Uber. The latter will get a significant boost by being integrated into Baidu Maps.
The latest deal comes after Uber recently raised $1.2 billion to fuel an aggressive expansion plan. That plan for growth has encountered some problems, with Uber being banned in India after one of its drivers was arrested and charged with raping a passenger.
The company has also been facing a storm of negative publicity in the U.S., where its use of customer data and its privacy policies have been under fire.
Uber still faces a tough landscape in China, according to Reuters. Two heavy hitters are already established in the market and are backed by China tech giants Alibaba and Tencent. By comparison, Uber is relatively small and less well-known.
[Updated at 7:35 a.m. PST] Uber issued a press release, though it didn’t offer any additional details.
“Uber’s rapid growth in the last four years is testimony to the tremendous demand for easy, reliable, and inexpensive transportation,” Baidu chairman and chief executive Robin Li said in the release. “We’re delighted that we can work together to help meet that demand — and we’re excited by this pioneering strategic partnership between a Chinese and an American Internet company.”
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Why Victoria's Secret Is Closing 250 Stores in US and Canada
L Brands, the parent company of Victoria’s Secret, recently announced its intention to close 250 stores across the United States and Canada - here’s why.
Several businesses around the world have continued to deal with the downsides that came with the ongoing coronavirus pandemic.
A Victoria's Secret store closed during the COVID-19 pandemic on May 19, 2020 in New York City | Photo: Getty Images
The latest company to announce its shortcomings is L Brands - the parent company of the famous and beloved feminine lingerie, womenswear, and beauty products, Victoria’s Secret.
The fashion company said it is working towards reopening some stores that were initially closed due to COVID-19.
According to Today, L Brands has made its intention to permanently shut down 250 stores across the United States and Canada known.
The fashion retailer reported that it suffered notable losses due to the COVID-19 pandemic, as the total sales for Victoria’s Secret during the first fiscal quarter that ended on May 2, fell by 46%. The site added that L Brands also intended to focus on managing their catalog and selling more of their products at full price
Bath & Body Works, which is another subsidiary of the company, also saw total sales fall by 18%. However, it seemed that online business enjoyed an 85% surge as customers opted to purchase soap and hand sanitizers.
Business Insider noted that the news of L Brands stores closing came weeks after the company confirmed that plans to sell a majority stake in the company to the New York-based private-equity firm, Sycamore Partners, was off the table.
USA Today further explained that the Ohio-based company reaffirmed its commitment “to establishing Bath & Body Works as a pure-play public company.”
The news outlet continued that L Brands also stated that they are focused on taking the steps they needed to make Victoria’s Secret Beauty, Victoria’s Secret Lingerie, and PINK businesses work as standalone companies.
The fashion company said it is working towards reopening some stores that were initially closed due to COVID-19. Victoria’s Secret has a total of 1,091 stores in the United States and Canada - while there are 909 U.S. Victoria’s Secret stores, there are 144 Pink stores.
A breakdown offered by USA Today pointed out that L Brands will close 235 Victoria’s Secret and 3 Pink stores in the U.S. and 13 of its 38 stores in Canada.


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We recently had the opportunity to work with one of our PRGN partners, Xenophon Strategies, in gathering video content at the annual IATA (International Air Transport Association) conference here in Dublin.
Having worked previously with the likes of Delta Airlines, Thomas Cook and FedEx, we jumped at the chance to team up with another aviation brand – Airlink – last week, thanks to our Washington DC-based PRGN partner, Xenophon Strategies.
In the pantheon of life’s great fears, delivering a speech is right up there with heights, spiders and running out of battery on a Friday night.
We’ve worked with Continental Tyres for more than 20 years, and have devised and executed countless safety-related campaigns on behalf of the German tyre manufacturer during that time.
More than 40 PR agencies from around the world, including sole Irish member Cullen Communications, were represented at the spring gathering of PRGN (Public Relations Global Network) in Washington, DC, last week.
Opening up the agency’s ‘recruitment’ file this week, it’s interesting to see how job descriptions have changed in PR over the past 10 years or so.
A positive PR campaign can boost the reputation and the bottom line of any small business, writes Phoebe Parlade.
This week, the eyes of the world are on Ireland. Thursday March 17th is St Patrick’s Day and, as is customary, Ireland’s patron saint will be celebrated far and wide.
So you’re not a full time copywriter – then again who is? These days we’re all in the publishing game to some extent, producing and packaging content for all sorts of audiences, channels and applications.
Tone of voice is a hugely important part of any brand, even though it’s something that doesn’t get discussed very often. Let’s discuss it now!


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As part of its growth strategy, Microsoft today launched the new Lumia 435 and Lumia 532, primarily targeted at Asian markets. This could be easily Microsoft's first big step in the world of affordable smartphones.
Last year, the Redmond-based giant made a huge fuss around the arrival of the Lumia 535- its first handset without Nokia branding. Now the firm has come up with the two very affordable Windows Phone 8.1-powered smartphones, priced at 69 Euros and 79 Euros respectively.
Well, the Lumia 435 is easily the cheapest Windows Phone 8.1 handset we've seen from the tech giant. The low-end phone, of course, is a part of the company's new strategy to promote services rather than shifting hardware. While Microsoft has an edge when it comes to offering unmatched services; this is for the first time we're seeing an entry-level phone that comes with decent specs under the hood.
The device, as we've mentioned just now, won't cost you beyond Rs. 5040 when it goes on sale in February. As far as its specs are concerned, the phone sports a 4-inch (480x800), a Snapdragon 200 chipset (dual-core), 1GB of RAM, 8GB of native storage, a microSD card ( up to 128GB), a 2-megapixel rear-facing shooter, a VGA quality front shooter, a 1,560mAh battery, 3G, HERE maps and more. Notably, the Lumia 435 will be offered in dual-SIM configuration.
In the meanwhile, the Lumia 532, has an edge over the Lumia 435. Both phones have more-or-less similar hardware. However, the Lumia 532 boasts a quad-core processor and a 5-megapixel rear-facing camera.
Microsoft says both affordable smartphones will be available from next month, rolling out across Europe, India, Asia, Africa, and the Middle East. The company specifically mentions India as the core market for its newly launched Windows Phone 8.1 handsets.
The announcement of the Lumia 435 and Lumia 523 comes at a time when Samsung has just launched its Tizen OS-powered Z1 smartphone in India. The Samsung-made Z1 is priced at Rs. 5,700. Both companies are running after the low-end segment, which has seen its biggest growth in the last few months.
Stay tuned to GizBot for more updates!


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British kids, like most kids these days, know how to use computers, but not many of them actually have any idea how to program them. And as any TV programmer knows these days, television (along with books, homework and talking to parents) is competing with iPads and other devices these days. So the BBC (with the help of brand partners including ARM, Barclays Bank, Samsung, Microsoft and Lancaster University) is taking matters into its own hands and will hand out up to one million credit-card-sized computers to Britain’s pre-teenagers to help inspire a sea change.
The venerable broadcaster plans to start the giveaway in October and showed off the final design of its pocket-sized Micro Bit (aka micro:bit) this week, part of its Make It Digital public education campaign. In the BBC’s most ambitious education initiative for 30 years, the devices will be given to every 11 or 12 year old child (in year 7 or equivalent) across the UK, for free.
The computer has a “programmable array of red LED lights,” the BBC notes. It does not have a battery slot and anyone who wants to keep it going will need an add-on power pack.
“We all know there’s a critical and growing digital skills gap in this country and that’s why it’s so important that we come together and do something about it,” BBC director general Tony Hall commented.
Code for the Micro Bit can be written on a website accessible on mobile devices and PCs. After testing their programs on the site, kids can move it to the device with a standard USB cable or wireless Bluetooth connection. They will be able to turn the Micro Bit into a controller for such things as video games or DVD players as well as to spell out words with the LED lights.
“The BBC Micro Bit is all about young people learning to express themselves digitally,” said BBC Learning head Sinead Rocks. “As the Micro Bit is able to connect to everything from mobile phones to plant pots and Raspberry Pi’s, this could be for the Internet of Things what the BBC Micro was to the British gaming industry.”
While the first batch will be handed out for free, the BBC will also eventually sell Micro Bits in the UK and abroad. It also plans to open-source the specs as well.
This isn’t the first time the BBC has gotten involved with digital education. Back in the ‘80s, it created the Micro, which helped British kids experience home computing. According to Hall, that device “shifted the conversation around computing,” the Guardian reports. The BBC is hoping it can do so again, Micro Bit by Micro Bit.


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UK: Benzoates in soft drinks within safe limits - FSA
More than 99% of soft drinks tested by the UK food safety watchdog have been found to contain benzoate and sorbate preservatives within the legal limits.
Testing conducted by the Food Standards Agency (FSA) found only one drink containing benzoates at levels higher than the legal maximum, the FSA has said.
Benzoates, and particularly sodium benzoate, have been at the centre of several controversies over additives in soft drinks in the last three years.
Sodium benzoate was revealed to contribute to the formation of small amounts of benzene, a potentially harmful chemical, under certain conditions in some drinks. Industry bodies produced guidelines to help companies' minimise benzene formation, although health authorities in the UK and US assured that there was no risk to consumers' health.
Food and drink firms in the UK have also been under pressure to remove artificial additives, following research linking several additives, including sodium benzoate, to behavioural problems in children.
Soft drinks firms say that sodium benzoate, which has been approved by the EU, is essential for its ability to kill harmful bacteria in drinks - an argument backed up by the UK FSA in its most recent benzoates study. Industry adds that levels remain within limits set by regulators.
Coca-Cola GB removed sodium benzoate from its packaged Diet Coke and Coke Zero products earlier this year.
A company spokesperson told just-drinks this week that the additive was still used in other drinks, including Fanta, Oasis and Sprite. "We will continue to use Sodium Benzoate in our products to ensure safety and quality," the group said.
Leading UK smoothie maker Innocent Drinks this week risked the wrath of its fan base by selling up to a fifth of its business to one of the biggest corporations in the US - The Coca-Cola Co. Michelle ...
Coca-Cola's purchase of a stake in leading UK smoothie brand Innocent could be a fillip for a sector that had grown rapidly but flagged last year, Annette Farr writes. It also sees Coke and PepsiCo ex...
Coca-Cola has launched a campaign as part of its sponsorship of the UK Football League....
Coca-Cola UK has launched a mobile voucher scheme allowing consumers to sample bottles of Fanta, Sprite or Dr Pepper....
The Coca-Cola Company has teamed up with UK designers Antoni & Alison to create a re-usable bag made from PET bottles as a part of a new Fanta promotion....
A Coca Cola Coke Zero advert has been banned in Australia following complaints by the public that it is "offensive" and "degrades women"....
UK vodka sales will rise to GBP2bn (US$2.92bn) by 2013, but the pace of growth is set to slow, according to the latest research from Mintel....
The Coca-Cola Co has re-jigged its drinks supply deal with McDonald's in the US to include Coca-Cola Zero, Powerade Mountain Blast and vitaminwater XXX....
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Mar-Flex Waterproofing and Building Products is marking an unusual milestone in American businesses this year. By making it to their 35th year of business, Mar-Flex has outperformed expectations.
Although there are not statistics on *every* business created or dissolved in the United States, there are some very reliable measures to use to evaluate what it means to last 35 years in one business. And there are some common sense conclusions to reach.
What the statistics say
While we can’t dig deep into the lifespan of every company ever formed, we can taker a sample from the most successful companies.
The Standard & Poor’s Index tracks the 500 of the nation’s largest and most successful companies in a wide array of industries. It is considered in many circumstances to be the best indicator of our country’s economy and is intended to be a reliable snapshot of what success looks like in the United States.
According to Statista.com, the average age of a S&P 500 company is currently a little more than 19 years. This means that Mar-Flex has been around almost twice as long as the average S&P 500 company.
1979 was the last year that the average S&P 500 company exceeded 35 years in age. If you reach back to 1965, when company longevity was a bit more normal, the average was still less than Mar-Flex’s mark. That year the average age of an S&P 500 company was 32 years.
Obviously Mar-Flex has found a way to buck the modern trends and remain in business more than three and a half decades. What does this mean?
What the evidence says
There are multiple reasons why companies disappear. These reasons include being bought out, creating one or more unpopular products, or suffering other forms of mismanagement.
It is certain that a company that routinely puts out a bad product, or one that fails to meet their customers’ needs, are going to quickly go out of business. Word of mouth and successful projects are what keeps a company alive.
Thirty-five years of being alive is a testament to a job well done, over and over again. Decades of satisfied customers, and successful projects are what allow a company to survive.
Despite recessions, booms and busts, and waves of legislation changing rules and expectations, Mar-Flex has remained successfully in business and thriving.
Photo by George Dolgikh @ Giftpundits.com: https://www.pexels.com/photo/happy-anniversary-signage-2072175/


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vivo is ready to take 5G to the next level
Vivo, the world’s fifth-largest phone maker, will enter the APAC 5G market with the launch of its latest flagship 5G smartphone. The company has already released two 5G-ready models in China, including the NEX 3, and they’re not looking to slow down any time soon.
vivo is bringing 5G smartphones to both the budget and premium categories and dominating the game in China while they do it. Smartphone makers have shipped almost half a million units to China as of the end of September, and Vivo is making up an incredible 54.3% of those numbers according to IDC. 5G networks may not even be available yet, but vivo is preparing customers to be connected as soon as the switch flips.
More 5G connection in more places
The 5G revolution is coming, and Vivo is focusing on making the Asia Pacific rollout as smooth as possible. Mobile World Live projects incredible 5G growth throughout APAC with China focusing on launches in 46 cities. vivo is already preparing to roll out 5G compatible services and applications to keep the transition running smoothly.
Vivo’s 5G-capable smartphones will be the perfect place to jump into a new 5G experience, partly thanks to the price points that are comparable to current LTE devices. 5G doesn’t have to be a connection that breaks the bank, and vivo’s 300 million customers across 36 countries have already started to take notice.
Powered by Qualcomm
vivo has been preparing to lead the 5G revolution since 2016, and they haven’t been working alone. It’s been working on the flagship 5G device since 2017, and it has become one of the top contributors to the 3GPP standard group. At MWC Shanghai 2019, Vivo finally unveiled technologies such as AR Glass and the 5G Cloud Game, powered by its partnership with Qualcomm.
Qualcomm and vivo have been working in unison ever since their first 3G collaboration in 2011. Think about that: vivo and Qualcomm have been together for three generations of connection. That’s a strong bond. The collaboration continues right into vivo’s newest device, the vivo NEX 3. It’s powered by Qualcomm’s most powerful processor yet.
Looking to the future
You’ve probably already figured this out, but Vivo is focused on the future. From pushing the 5G infrastructure rollout to making devices that are actually affordable, vivo is ready to leave the days of 4G in the past. The partnership with Qualcomm is going to continue into the future, and 5G is going to be available to the masses. Faster speeds and stronger connections don’t have to break the bank; you deserve to experience the speed for yourself.
vivo NEX 3, powered by 5G
Maybe you’ve been reading along and thinking this sounds just right for you. If you’re ready to make the switch, the vivo NEX 3 is available in Hong Kong, Singapore, and Taiwan. It is unlocked on Amazon and vivo Mall. It features a massive 6.89-inch display and a triple camera with a 64-megapixel main shooter. It’s powered by the Qualcomm 855 Plus, and it even features a 3.5mm headphone jack. The days of the headphone jack don’t have to end quite yet!
Another cool thing about vivo NEX 3 is its ambient light effect on both sides of the screen — it can be activated when playing music and follow the music beats in a fashionable way. We’ve done an in-depth review of the NEX 3 in case you’re extra curious about it.
Check out the review, and consider making the leap into the future with Vivo.


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Feb 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:
** Amazon.com Inc, Comcast Corp and Electronic Arts Inc submitted initial bids for the holding firm of South Korea’s biggest gaming firm Nexon , Maeil Business Newspaper said, citing investment banking sources.
** German car parts maker ZF Friedrichshafen is considering a takeover of U.S. rival Wabco, a person close to the matter said, confirming a report by newspaper Handelsblatt.
** German drugs and lab supplies maker Merck KGaA offered $5.9 billion, including debt, for Versum Materials, in a cash deal that tops an offer from U.S. rival Entegris, as both seek to boost their electrochemicals operations.
** Sarepta Therapeutics Inc beefed up its gene therapies portfolio through the purchase of its partner Myonexus Therapeutics Inc and reported positive data for a genetic disorder therapy from the privately held company, sending its shares up 9 percent.
** Walt Disney Co <DIS.N >accepted a demand by Brazil’s antitrust regulator CADE that it sell local rights for the Fox Sports channel to win approval of its takeover of Twenty-First Century Fox Inc, the regulator said.
** Canada’s Cogeco Communications Inc said it would sell its cloud services unit, Cogeco Peer 1, to investment firm Digital Colony in a deal valued at C$720 million ($548.74 million).
** South African insurer Liberty Holdings has agreed to sell its technology platform, which supports its short-term insurance business, to Standard Bank Group Ltd for 145 million rand ($10.45 million).
** U.S. investor Cerberus, a major shareholder in both Deutsche Bank and Commerzbank, is open to a merger between Germany’s two biggest lenders, a person familiar with the matter said, raising the chances of a tie-up.
** Delek Group said it signed a non-binding deal to sell its 30 percent stake in insurer Phoenix Holdings for 1.6 billion shekels ($442 million) to private equity firms Centerbridge Partners and Gallatin Point Capital.
** Experian Plc, the world’s biggest credit data firm, said that it had agreed with rival ClearScore to abandon their proposed merger, after Britain’s competition watchdog indicated that it may block the deal.
** Shares in Air France-KLM fell sharply as the Dutch government amassed a 14 percent stake in the airline to counter French influence, in a surprise move highlighting tensions over the company’s strategic direction.
** Japanese flour maker Nisshin Seifun said it would buy Australia’s Allied Mills from private equity firm Pacific Equity Partners for A$574 million ($412 million), in its latest step overseas to offset a shrinking local market.
** Australian rural services firm Ruralco Holdings Ltd backed a $337 million takeover bid by Canada’s Nutrien Ltd, the latest potential tie-up in a sector consolidating in the face of severe drought. (Compiled by Bharath Manjesh in Bengaluru)


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One of the fastest-growing wine clubs with an innovative model of holding the purchases of its customers in a “Cloud Cellar” until the customer requests that it be shipped has filed for Chapter 7 bankruptcy.
On April 24, Underground Cellar’s parent company, Phoeno Wine Company, Inc., filed for bankruptcy in the state of Delaware. The posting on Underground Cellar’s website, which, as of press time, has been shut down, cited “Recent market headwinds, and an inability to secure follow-on-financing or an acquisition” resulting in the company’s decision to “wind down its operations.”
Rather than a “wind down,” which suggests a more methodical process for ceasing operations, the abrupt shuttering, without notice, has created ripples across the entire wine industry, including among the thousands of customers of the online wine retailer whose wines were in the Cloud Cellar. All that is clear at present is that it is not being shipped.
The revolutionary model of Underground Cellar looked, from the outside at least, like a winner. Yet, according to the bankruptcy filing, nearly $25 million USD is owed. Reporting by Entrepreneur said that amount includes $2.7 million worth of wine that was ordered, but never made it to the seller’s warehouse. Additionally, reporting by the San Francisco Chronicle on the filing says the company owes $328,000 in invoices – likely to many winemakers – and lists actual assets of less than $35,000.
That’s a tough pill to swallow for a company that reported $20 million in revenue last year. And while there is reportedly $11 million in wine inventory… somewhere – that is less than half of what is reportedly owed by the failed enterprise.
In March, customers with wine in the Cloud Cellar were alerted that an “audit” on their overall inventory had been done and some wines that had been purchased were no longer available. Yours truly received such a message that seemed odd given that I assumed that a literal bottle was set aside in their climate-controlled warehouse in Napa with my name on it. I paid for it, after all. Not so. And though the e-mail also made clear that a replacement bottle had been put into the “cellar,” it raised red flags.
Other customers apparently had issues even earlier having wines they had purchased actually shipped. And since the filing, additional issues have come to light, including significant payments to executive staff when issues had become clear internally that the business model was failing.
What will come of the millions of dollars in wine that was supposedly stored in customer’s Cloud Cellars remains unclear. It even remains a matter of speculation if the wine is indeed actually stored somewhere and exists. Regardless, it is highly unlikely that customers will ever see any of what they bought, though there are class action lawsuits being filed against the company.
The entire affair summons back memories of the 2016 collapse of the fraudulent wine retailer, Premier Cru, where oenophiles ended up being owed upward of $45 million. Premier Cru sold advance allocations of high-end, collectible European wines at steep, and in hindsight, impossibly low, bargain prices. As customers came forward to decry follow-through on shipments of wine that had been paid for, the Ponzi-like scheme eventually came catastrophically undone.
In the meantime, Underground Cellar customers who failed to record the contents of their Cloud Cellar are now out of luck in determining its contents given the disappearance of the website. It might also be worth noting, as a closing word, that the message one gets from trying to access the website is: Payment Required.
That might be a colossal understatement.


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Digital payment mechanisms and processes, of course, lie at the heart of almost all e-commerce. It follows that there is a great deal of interest in what policy makers are going to make of products like electronic wallets and mobile payments. Unfortunately, Canada’s federal government has been late to the chase, to the point where payment infrastructure and regulatory schemes are seriously outdated. Indeed, the regulatory environment is so uncertain that some lawyers report that their US clients have elected not to proceed with certain payment-mechanism initiatives because of the uncertain regulatory environment.
Back in June 2010, the then Minister of Finance Jim Flaherty announced the launch of the Task Force for the Payments System Review to help guide the evolution of the payments system in Canada. The Task Force’s mandate was to review the safety, soundness, and efficiency of the system; to determine whether there is sufficient innovation in the systems; to review the competitive landscape; to determine whether business and consumers are well-served by payments system providers; and whether current payments system oversight mechanisms are still appropriate.
In the summer of 2011, the Task Force released a discussion paper that made the following key points: Canada is falling behind in mobile payments and electronic invoicing and payments; the ongoing reliance on cheques is problematic as cheques are a slow way to pay, create delays that impact negatively on productivity, and create missed opportunities; and that even online bill payments are hindered by legacy payments systems designed for paper, so much so that Canadian banks still use batch-based processing for online payments, a system that requires more than 24 hours to clear a payment. The Task Force identified four challenges: increasing fairness in credit and debit card networks; updating the regulatory and governance structure of these networks; improving online authentication, security, and privacy; and transition to a digital economy.
The upshot is that the Task Force had to deal with the many legal issues surrounding the payments system, such as who’s holding your money when you buy a pre-loaded credit card from a retailer, what happens if there’s an insolvency or fraud, what constitutes a deposit under provincial law, how safe are the funds advanced, and to what extent if any are these funds insured? As it turns out, the answers to all these questions engage a common theme permeating the future of digital payment systems regulation: how do we strike the right balance between consumer protection and facilitating new entrants into the marketplace from both a technical and corporate perspective?
To deal with these challenges, the discussion paper outlined an initial proposal with four components: payment-specific legislation; creation of an industry self-governing organization; infrastructure upgrade aimed at reducing concentration of ownership and control of payments network, providing secure clearing and settlement of payments and competition among payment service providers; and creation of an independent payments regulator reporting to the Minister of Finance. When the Task Force’s final report was released in March 2012, expectations for reform were high. However, the government’s reaction to the report disappointed many observers, who noted that the government had committed to further discussion and forward movement but had offered no concrete acceptance of any recommendations.
The report lays out a proposed regulatory framework for the payments industry, including a self-governing organization and public oversight body. The radically new system would maintain the Canadian Payments Association as a core infrastructure entity. From a substantive perspective, the most significant of these recommendations was that payment industry participants such as processors, software and hardware manufacturers, acquirers, loyalty point program operators, and ATM operators that were not previously subject to specific payments legislation would now be swept up in the definition of “payments system providers” and subjected to the new proposed payments governance regime.
No surprise, then, that the industry was not necessarily unhappy, to say the least, with the government’s lack of enthusiasm for the recommendations. Quite apart from government and industry reaction, constitutional issues may delay or even thwart implementation of the recommendations. The Task Force noted that full implementation of its recommendations would require constructive interaction with provincial legislation and expressed confidence that the provinces would cooperate.
Since then, a new Liberal Party of Canada government was elected, amendments were made to the Canadian Payments Act, and in 2018, a new review of the Act was initiated.


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FLEMINGTON – Hunterdon County’s first medical marijuana dispensary could open in three to four months in a shopping center off the Flemington Circle.
Altus New Jersey has been granted a permit by the state’s Cannabis Regulatory Commission to open the dispensary at The Shoppes at Flemington off the circle.
Altus received the highest score in the state among permit applicants, Jonathan Goldrath, one of the company’s principals told the Borough Council.
“We’re really excited to bring our business to Flemington,” he said.
Goldrath, who moved from the finance industry to the legalized cannabis industry in 2016, said the the dispensary, which he called a “pharmacy,” will employ about 20 to 30 people.
Goldrath said the businesses wants to “become a standout corporate citizen” and be active in local business organizations like the Flemington Community Partnership and the Hunterdon County Chamber of Commerce. He also said employees will receive paid time off for volunteering.
Related:14 new permits issued to grow medical marijuana, including new dispensaries
Goldfarb said he has been involved in medical marijuana dispensaries in Pennsylvania, Missouri and Utah.
The business is “well capitalized” and “ready, willing and able” to do business in New Jersey, he said.
In the future, he said, the business is planning to apply for a state permit to open an adult-use marijuana shop.
Mayor Betsy Driver expressed enthusiasm about the business.
“I look forward to having a productive partnership with Altus,” she said.
Earlier:Marijuana in Flemington is ‘more complicated than we thought’
The dispensary will join other businesses at the shopping center, including Addicted Chic, Great Clips, Flemington Furs, Five Below, Home Goods and Talbots.
Goldfarb first expressed interest in opening a dispensary in Flemington in 2018.
“It’s been a long time coming,” he told the council.
The nearest medical marijuana dispensary to Hunterdon County is in Phillipsburg.
Mike Deak is a reporter for mycentraljersey.com. To get unlimited access to his articles on Somerset and Hunterdon counties, please subscribe or activate your digital account today.


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Your Search Returned 500 tagged news reports
A new group will kick off a series of forums about identity theft on Monday in North Naples. The Collier Identity Theft Task Force began as a way to help locals understand ways their information can be compromised and ways they can prevent that from
Even Jeffrey Groover admitted Friday that there's a pattern to what he's been doing for years stealing people's identities, committing fraud, apologizing, then doing it all over again after he gets out of prison. The South Florida man is so adept at
Unfortunately it's a big problem, and it's only getting bigger," said Florida Commissioner of Agriculture and Consumer Services Adam Putnam. "If you steal a 4-year-old's identity, you might get a decade or more out of it before anyone realizes what
Students from a southern Utah technology college put their engineering skills to the test this week at a former airport runway, but it wasn't an airplane they were giving flight. The personal information of 27,000 University of Pittsburgh Medical
According to a recent study , babies tend to play with others that look more like them. Researchers from the University of Washington noticed that babies were more willing to share their toys with others who shared their ethnicity.
Certifying Identity (Certifying Identity centers the birth certificate and its role in the modern state, not merely as a reporter and portable record of having been born, but also as a powerful creator, regulator, and arbiter of identity and
Officials of the Better Business Bureau on said hackers send emails about online postage charges and attempted or intercepted package deliveries. They say emails instruct consumers to click on a link, which allows hackers to steal usernames,
Two Fresno County women and another from Oakhurst are being charged in the illegal collection of more than 165 credit card numbers, 25 California driver's licenses and 25 Social Security numbers to make purchases in the Jackson area, southeast of
The addition of this new service allows millions of consumers to access, monitor and manage their credit, improve their finances and protect their credit and identity, all in one place for free. The new service provides consumers peace of mind that
The Globe and Mail Published Monday, Apr. 14 2014, 10:50 AM EDT Last updated Monday, Apr. 14 2014, 10:50 AM EDT The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.


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On Tuesday, Mattel debuted Aristotle, a $300 home assistant for parents that has the latest in voice and image recognition, live streaming, and IoT compatibility. But in terms of privacy concerns, Aristotle embodies a new event horizon in tracking and surveilling children.
Touted in the press as “Alexa for kids,” the device’s core tech is actually a modified version of Cortana that can listen and respond to infants. Aristotle is billed as a cutting edge nanny, but no mistake: it’s inevitably a surveillance device. It watches, listens, and learns what babies are doing, linking the user interaction data to Mattel’s commercial partnerships.
For example, Aristotle can keep track of diaper changes and feedings, offering up opportunities to purchases new diapers and formula. Aristotle makes its suggestions from a curated list of retail partners including Babies “R” Us or Target. Aristotle is also open to third party development, with as many as 500 companies potentially building new apps and games into the device.
Fast Company reports that Aristotle “is equipped with a camera that streams video through an encrypted cloud connection to your phone,” acting as a futuristic baby monitor that lets parents watch their children. Aristotle also has object recognition AI that can scan objects in your baby’s room and recognize and interact with other Mattel toys. It’s a bit creepy—Aristotle does special things when it recognizes Mattel toys, implicitly compelling your infant to want to buy more toys in the Mattel line because they trigger unique reactions from Aristotle.
“Imagine what happens with Hot Wheels and Thomas the Train when you have this connected hub,” says Robb Fujioka, Mattel’s CPO. “Do you hear sound effects? Can you have greater interactions?”
Imagine what happens when Mattel set up lucrative partnerships with the same companies its been found to collude with while violating privacy laws (Viacom, Hasbro, and Jumpstart Games) to scan toys. Ultimately, Mattel and these toy creators have paid hundreds of thousands of dollars in fines for illegally tracking child behavior.
Mattel makes it clear that Aristotle is compliant with the Children’s Online Privacy Protection Act. But, it’s worth noting that this doesn’t mean the company can’t track children. Mattel just has to meet certain requirements in how explicitly they inform and get permission from parents.
So, to recap, we have a device that knows your baby’s age as well as sleeping and pooping schedule, can recognize both yours and your child’s voice, logs your purchasing habits and suggests buying new items from a curated list of commercial partners. It livestreams your sleeping baby and can recognize the objects in its room.
It will be interesting to see what happens when Aristotle goes on sale in June.
Update: 1/4/17 3pm ET: Mattel reached out to address concerns about privacy with Aristotle. Their statement is below:
“Keeping families safe and their data private is of utmost importance to Mattel and we have invested much of our time and research into this aspect of Aristotle. The AI and software architecture built for Aristotle is totally different from anything Mattel has previous done. It was developed by Mattel’s new nabi unit, the leader in technology for kids and families and the company that pioneered online protection for kids initially through its award winning tablet line. Mattel acquired the nabi brand earlier this year to specifically help bring this tech-driven approach to its digital products led by privacy and safety. Not only is the new Aristotle by nabi system COPPA compliant, and utilizes 256-bit encryption to keep your video stream secure, but it is also HIPPA compliant. This means that data is cached locally, is only accessible via the mobile device paired to Aristotle, and the data stored in the cloud can be accessed with parental approval along with the authorized devices.”


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Watch for the cutest Chinese Zodiac mug set coming out on Feb. 1, too!
Megaworld Corporation brought its iconic 50-feet Christmas Bear to Iloilo Business Park for a “Beary Festive Christmas”—my giant piece of home.
The most advanced iPhones ever are now available in Globe Stores nationwide.
We already have our smartphone preferences that we tend to update each year, yet a lot of us need a second phone for a variety of reasons—especially when battery life is an issue. This new phone solves that with VOOC Flash Charge, among other cool features.
My husband decided we would be more active in helping out our barangay, especially the kids, and it has brought me joy and a renewed sense of purpose. Find out ways you, too, can help your own community.
This motivates thousands of driver and delivery partners in Cebu to be on the road to help local businesses better reach and serve consumers, and provide safe mobility services to Cebuanos.
Max’s Restaurant celebrates Pinoy Pride with a nationwide Pinoy Fried Blowout and Max’s All-You-Can on June 11-13 only. Full details here.
Want to become a fashion designer? Here’s your chance to be mentored by Philippine fashion’s experts
Globe’s 0917 Lifestyle and Saga Events have kicked off StyleFestPH 2019.
Exciting life-enabling offers from Globe will reinvent our everyday experiences.


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Halton Police Cracking Down on Professional Shoplifters
Published August 7, 2017 at 7:08 pm
Criminals with sticky fingers are swiping everything from baby formula to fancy fragrances and Halton police are cracking down on organized retail crime in Burlington, Oakville, Milton, and Halton
Criminals with sticky fingers are swiping everything from baby formula to fancy fragrances and Halton police are cracking down on organized retail crime in Burlington, Oakville, Milton, and Halton Hills.
“A lot of these groups don’t have a problem resorting to violence,” said Halton police Sgt. Andy Dennis from Burlington’s District Response Unit.
A special project began last January after investigators used data mining to paint the big picture.
“We recognized that we had a problem with shoplifting,” said Dennis, adding “we decided to do something about it.”
Investigators quickly realized “we have a lot of suspects who are similar in description hitting a lot of our stores,” said Dennis, and began sending pictures to loss prevention officers – they’re not cops – who work in retail.
The partnership is paying off.
Six months in, “we keep getting results,” said Dennis.
“Almost every day we’re getting identifications on suspects.”
The project began in Burlington and is now being rolled out across Halton.
“Identifications of suspects have been made for each district in our region,” Dennis said.
Images of shoplifting suspects are being released weekly via social media as part of the initiative.
Suspects typically work in groups, Dennis said, starting with someone acting as a lookout.
“You’ll have a couple of people go in with booster bags” he said, noting the bags are specially lined so suspects can walk through the sensors at the doors without setting off alarms.
Items are then re-sold for profit.
“A lot of times what’s happening is they’re taking them to used clothing stores,” said Dennis — with the tags still on.
“They get the cash right away.”
Thieves target popular malls, with coveted brands including Ralph Lauren and Calvin Klein.
Other items may immediately be listed online using sites such as Kijiji and Letgo.
But not all shoplifters are into clothing.
One case in Milton involves razor blades — an item Dennis says is pilfered strictly for re-sale.
“You’re not stealing it for yourself,” he said.
“A lot of times you end up seeing it in mom-and-pop variety stores. They retail for $10 — you sell them for a fraction of the price.”
Speaking of price, Dennis acknowledges there are taxpayers who say they want to see their money being spent on more serious police investigations.
“Our victims, our store owners, are losing money,” Dennis points out, and “the cost is passed to consumers.”
Across Canada, “this is about a $4 billion dollar a year industry,” he said.
And the numbers don’t lie.
Dennis can recount one shoplifting anecdote after another.
Nearly $10,000 worth of fragrances were stolen from one store in one shot, he said.
Another case involved a woman stealing thousands of dollars worth of high-end lingerie.
A huge bust entailed arresting “a gentleman for stealing items from the Apple store” who was identified through a loss prevention officer.
“We ended up doing a warrant on his residence,” said Dennis, and “we seized $64,000 in cash that was linked to organized shoplifting crime.”
As a proactive measure, police are teaming up with stores – which Dennis isn’t naming – to mark items which can then be traced.
It’s just a “matter of time before we catch up to who you are,” said Dennis.insauga's Editorial Standards and Policies advertising


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In years to come, business schools will study activist investor Mike Cannon-Brookes’ bid to change energy giant AGL from within, but the Rich Lister’s latest attempt to bring retail investors along highlights the practical challenges in harnessing votes, financial advisers say.
Cannon-Brookes sent letters to AGL’s 150,000 shareholders on 24 October, urging them to vote for four nominees put forward by his investment firm Grok Ventures update the existing board at AGL Energy, describing the incumbents as “not up to the challenge”.
AGL tipped into crisis mode in May after Cannon-Brookes scuppered its controversial demerger plans.
Cannon-Brookes also sent letters to shareholders at that time, urging them to vote against the planned demerger. Both he, and AGL, also took to the phones to woo investors. AGL has nearly 150,000 shareholders, most of whom are retail investors.
Now, the near-11.3 per cent shareholder is setting the stage for another battle at the November 15 annual general meeting.
The Atlassian co-founder, through his private investment company, wants to expand the current board to include chancellor of Swinburne University professor John Pollaers, former Energy Security Board chief Kerry Schott and CSR director Christine Holman.
Grok is also putting forward former Tesla Energy director Mark Twidell, whom the AGL board backs.
“We will be contacting all 150,000 AGL shareholders directly with more information on how to vote at AGL’s AGM on 15 November,” reads Grok Ventures’ campaign platform, Keep It Together.
AGL has fired back. “We’ll also be talking to shareholders,” chairwoman Patricia McKenzie said in early October.
For retail investors, it presents three questions: how do I vote? What do I vote for? And, can I access my vote?
Retail investors could be an “extremely powerful” force in shareholder activism stoushes, says executive director at investor relations consultancy First Advisers, Ben Rebbeck.
However, a combination of infrastructure and economic barriers means “spray and pray” strategies, in which shareholders are contacted en masse, can also be rendered ineffective, he adds.
Depending on how investors bought their shares, they can vote on issues like the board make-up, executive remuneration and climate plans.
Who holds your shares?
While some brokers offer CHESS-sponsored trades, which means investors hold their investments in their own name, other brokers operate a custodial model. That means those brokers hold shares on the investor’s behalf. And while custodial models often offer lower trading costs and efficiency, some brokersdon’t pass along voting rights to their holders.
“For many investors, they may buy their shares directly through an advisory or an internet broker and may hold those shares, in the share register, in their own name,” explains Rebbeck.
Those investors have direct financial benefit exposure to the company, and direct voting access.
However, investors may also buy their shares through their financial planner or broker, or may hold their shares through a separate structure like a self-managed super fund.
“For many of these shareholders, the initial primary ownership will be via a custodian or a platform or a financial firm, and the end retail shareholder, their rights and their benefits, will be as beneficiaries.”
When it comes to voting, the primary voting right is held by the custodian or platform.
In this case, the retail shareholder’s vote has to be passed through the custodian or platform, and the investor in turn needs to give instructions to their custodian or platform on how they wish to vote, Rebbeck says.
“The challenge that exists in the financial markets is that that style of ownership has been growing very significantly over the past decade,” he says.
“For many owners, while they think they might own a share in a listed company, they may just have a beneficial interest in them. So, when it comes time to vote, those shareholders may never be given the voting materials by the primary holder.”
The easiest way to find out whether shares are held in their own name, or their platform or broker’s name is to just call their financial adviser or broker, says Rebbeck.
But it doesn’t necessarily solve the problem of access to votes, either from the retail investor, or lobbying group’s side, he adds.
“Those intermediaries may not be economically or legally, or infrastructurally inclined to proactively pass on those voting rights to you as a retail shareholder. Often it is the case where you have to push hard to exercise your voting rights.”
Given this, he says both boards and stakeholders need to be intelligent in how they engage with their shareholders.
That could be engaging with planners and offering online chat facilities to allow investors to ask questions in their own time, along with traditional phone and mail methods.
The approach will differ by shareholder too, he says. “A young shareholder investing $100 through an app is going to behave very differently to a retiree with a significant shareholding that they’re looking to fund their retirement.”
He anticipates retail shareholder engagement will grow in prominence, and expects directors and third-parties will have to be able to argue their case to retail investors too.
Vince Scully, founder of online financial adviser Life Sherpa, believes the AGL and Cannon-Brookes showdown, along with the activist investor Engine No. 1’s successful bid to secure two seats on oil and gas behemoth Exxon Mobil’s board, will be business school case studies in the future.
And, he agrees, retail investors can expect to receive more letters from activist investors. However, he’s concerned about the extent to which shareholders win in these debates.
“There’s a couple of competing things here: if an investor is trying to gain control over future strategy by lobbying investors, they’re sort of getting control without paying a premium,” says Scully.
“That’s probably not in the interests of shareholders as a whole. The conflict of that is that your only real remedy as a shareholder is to change the directors who run the company.”
Regardless, companies – and in particular those with large retail investor bases – will pay close attention to retail investor activity.
While the highest number of shares will ultimately win when it comes to passing a vote, companies are aware of the “particularly bad look” a large cohort of disgruntled retail investors offer, he says.
“The behaviour of lots of little shareholders can make a difference to share prices,” he says.
Votes that count
“So if you have a company like Telstra, Medibank or AMP... they will be very sensitive to the wishes of lots and lots of small investors.
A listed company needs to inform investors at least 28 days before an AGM that the meeting will occur. Depending on how an investor has chosen to receive these communications, it will generally come via an email or letter.
“With the electronic means, it’s usually quite easy to vote because there will be links on how you vote. You just validate who you are and you go in and follow the instructions,” explains policy manager at the Australian Shareholders’ Association Fiona Balzer.
For every one share an investor holds, they have one vote.
While the mathematics can make small shareholders feel “powerless” against large investors, she notes that tasks like approving a remuneration report need a 75 per cent approval rate. “So if you are the last thousand shares that kick it over the 25 per cent, your vote has counted,” says Balzer.
The AGL AGM will see votes cast on whether to expand the current board.
“Those individuals will need to get a 50 per cent vote. But quite often we see directors, where shareholders are quite happy about the company, getting 95 per cent, 96 per cent, 99 per cent votes in favour.”
It can go the other way too, she adds. Companies where investors don’t tend to vote may operate under the belief they have significantly more goodwill toward the board than they actually do.
“That’s the other reason why it’s important to have a look and see if there’s anything you’re uncomfortable with.”
The AGL board can have up to 10 members, which means the directors proposed by Cannon-Brookes and the current directors could all be elected.
“So [the question] is more, ‘Do we believe these particular individuals will add value as individuals, and working in a group?’ Then, you just choose whether you want to vote for, or against. We are encouraging all shareholders to think about it, because it will determine ... AGL’s future.”
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Full Specifications and features
An image of Lava's upcoming budget smartphone, Lava Blaze 1X 5G, has been leaked prior to its official launch.
Lava Blaze 1X 5G smartphone is expected to launch in India next month and is rumored to feature a 6.5-inch 90Hz HD+ IPS LCD display with Widevine L1 support.
The leaked image of the phone was shared on Twitter by Aritra Sarkar and appears to be taken from the prelisting of the phone on Lava's official website.
The phone is also rumored to have a MediaTek Dimensity 700 processor, 6GB of RAM, 5GB of virtual RAM, and 128GB of UFS 2.2 storage.
The Blaze 1X 5G is expected to have a 50MP triple rear camera and an 8MP front camera with screen flash.
The phone is expected to run on Android 12 OS and to have 5000mAh battery with 15W fast charging and side-mounted fingerprint scanner.
These specifications are based on rumors and leaks from various sources. For official specs, we have to wait for the phone's launch- Follow us latest Tech News
Noisefit Force Plus Rugged Smartwatch announced Full Specs, features, Price (RS.3,999)


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Moving away from traditional performance marketing social channels has recently been top of mind for women’s underwear company, Adore Me. Late last year, the New York-based direct-to-consumer brand made a major push toward a more extensive marketing strategy, layering more digital and streaming video into the media mix.
“Clearly, diversification from Facebook and rising acquisition costs are at the top of mind for every marketer,” said Ranjan Roy, vp of strategy at Adore Me. “[We’re] starting to think more in a brand building way, in a top of funnel way.”
In the past, the DTC lingerie brand has relied heavily on linear television advertising for brand awareness. Facebook and other social media platforms have been key driver’s in the brand’s customer acquisition efforts, Roy added. But in light of an increasingly crowded digital advertising marketplace, rising costs and data privacy changes, Adore Me has taken a second look at digital video on YouTube and OTT to balance out the brand’s media mix for both brand awareness and customer acquisition, especially as technology has brought better targeting and measurement capabilities to video advertising.
In a recent campaign, the women’s underwear brand moved to target men as a demographic specifically for its home try-on service, from a gifting perspective. The video spots ran across lifestyle networks as well as news and sports. They’re also extending the audience beyond the female target to reach male and Hispanic audiences, with custom creative for each, per Adore Me.
“There’s certainly more effort and opportunities around targeting and a better understanding of how your spend is going,” Roy said. “Trying to balance the platform acquisition instincts with that brand building side is something culturally, we’ve definitely gone through as a challenge.”
Adore Me’s recently implemented diversified media mix still includes linear television. But YouTube and OTT, across streaming services such as Hulu, Roku, Tubi, and ESPN, play a bigger role as the brand looks to fire on all cylinders, offering more touch points to meet shoppers where they are, he added.
It’s unclear how those ad dollars are being spent as Roy declined to offer details. Per Kantar, Adore Me spent $6.5 million on media within the first half of 2021. In 2020, the DTC brand spent at least $5 million on media. Those numbers do not include social media as Kantar does not track those figures.
Adore Me is one of many DTC brands looking toward more expansive marketing strategies, beyond direct response and performance marketing tactics. Over the last year, Vivid Seats, Edible Arrangements and Shutterfly all have looked toward brand awareness channels, including digital video, to diversify their media mixes.
It’s a trend that will continue across the industry, according to full-service agency Laundry Service’s chief marketing officer Mike Mikho.
“Everyone’s gonna jump to iOS 14 changes and rising CPMs and I think it’s important to note that performance marketing is getting squeezed on all sides,” Mikho said, noting that the digital advertising space is also becoming increasingly saturated with brands. “Competition is higher than ever and marketers can’t just rely on low hanging fruit.”
Looking ahead, Adore Me says it’ll continue brand building and awareness efforts using digital video. “Every brand is going to have to face this, especially as targeting becomes not as granular for privacy efforts,” Roy said.
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Phibro Animal Health (PAHC) Tops Q1 EPS by 7c, Revenues Beat; Offers 2Q Revenue Guidance Below Consensus, 2Q EPS Mid-Point Guidance Below Consensus
- Wall Street slides as virus spike hits travel stocks
- Kansas City Southern (KSU) Soars as Bidding War Brews After Canadian National Railway (CNI) Makes a $33.7 Billion Offer
- Analysts Positive, Raise PTs as IBM (IBM) Tops Market Estimates and Reaffirms Guidance
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Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
Phibro Animal Health (NASDAQ: PAHC) reported Q1 EPS of $0.34, $0.07 better than the analyst estimate of $0.27. Revenue for the quarter came in at $206 million versus the consensus estimate of $205.48 million.
Highlights for the December 31, 2020 quarter (compared to the quarter ended December 31, 2019)
- Net sales of $206 million, a decrease of $8 million, or 4%
- Net income of $13 million, an increase of $1 million, or 8%
- Diluted EPS of $0.32, an increase of $0.03, or 10%.
- Adjusted EBITDA of $29 million, comparable to the prior year
- Adjusted Net Income of $14 million, comparable to the prior year
- Adjusted diluted EPS of $0.34, comparable to the prior year
“Our financial results for the quarter ended December 31, 2020 were strong. Although sales declined, profitability improved in comparison to the same quarter last year,” said Jack Bendheim, Phibro’s Chairman, President and Chief Executive Officer. Jack continued, “We are encouraged by signs the industry is stabilizing, despite the continued pandemic, and we continue to invest in the future in both our production and pet business. We recently announced an upgrade of our Omaha mineral nutrition plant and development continues on two early-stage opportunities in our pet business. We are cautiously optimistic about the near term and, as detailed in our updated guidance, are projecting solid third quarter financial results.”
Phibro Animal Health sees Q2 2021 EPS of $0.30-$0.33, versus the consensus of $0.33. Phibro Animal Health sees Q2 2021 revenue of $205-208 million, versus the consensus of $212.68 million.
Our expected financial results for the three months ending March 31, 2021 are:
- Net sales of approximately $205 - 208 million
- Net income of approximately $11 - 12 million
- Diluted EPS of approximately $0.27 - $0.30
- Adjusted EBITDA of approximately $27 - 29 million
- Adjusted Net Income of approximately $12 – 13.5 million
- Adjusted diluted EPS of approximately $0.30 - $0.33
Although there are signs that the Animal Health industry is stabilizing, we continue to forecast only near-term expectations given the uncertainty of the future course of the COVID-19 pandemic and the potential for demand and production disruptions.
For earnings history and earnings-related data on Phibro Animal Health (PAHC) click here.
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Konami has released another major update for Contra Rogue Corps on Nintendo Switch.
The latest update adds a new Exploration, some new weapons and enemies, makes several gameplay fixes and more.
You can check out a quick rundown on all that’s changed below, as well as a short trailer published by Konami:
- New Exploration Mission
- Unstable Anomaly Area Finale
- New weapons
- New B.A.Ds
- New Fiend
- New Medals
- Increased Mastery Level cap to 100
- Fixed several issues
- Added the Season Pass, Assassin Pack
What do you think? Let us know in the comments.


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Intel will release its first 22nm quad-core Atom system on a chip (SoC) in early 2014, according to a leaked roadmap.
German tech blog Mobilegeeks.de
published Intel's roadmap online, which shows the current Clover Trail systems being replaced with the 7th generation Atom dubbed Bay Trail-T line. According to the leaked slides, the new chips will run at up to 2.1Ghz, compared to Clover Trail's 1.5Ghz, giving a 50-60 % boost to computing performance although is does not support hyperthreading.
In addition, Bay Trail-T's built-in graphics hardware will offer a 3X boost in performance and will also support DirectX 11. The hardware will be also able to output a 2,560 x 1,600 display and record stereoscopic, 1080p 3D video.
Bay Trail-T will also be the first Atom to support USB 3.0, as well as four USB 2.0 ports, and can handle DDR3 memory with between 8.5 and 17GBps bandwidth on twin 64-bit channels.
The slides also note that all theses performance enhancements will be reached at half the power, compared to the Clover Tral SoCs. The new SoC design gives it more than 11 hours video battery life on reference designs, but standby time is cut from 30 to 20 days with the new chip.


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Pensacola News JournalCervantes hit-and-run suspect Markquise Wallace to be extradited from PennsylvaniaPensacola News Journal… our mobile app to get 50 free articles every month. Use these links from your device: iPhone app | Android app for phone and tablet | iPad appYou can also support quality journalism with a digital subscription for as low as 0.99 cents a month …
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Digital TrendsEverything Apple announced at WWDC, from iOS 12 to MacOS MojaveDigital TrendsThe new app Screen Time also aims to help people to use their device even more wisely, with a weekly report on how much time you spend on your iPhone or iPad — including how often you open your device. Users can also limit the time they spend in apps …Apple to Expand Secure Wireless Chip Beyond Payments — The InformationTheInformationall 140 news articles »
ABC OnlineASADA latest to access smartphone-hacking tool raising fresh privacy concernsABC OnlineThe agency, which investigates illegal doping, has paid $12,870 for a 12-month license of a Universal Forensic Extraction Device (UFED), according to tender documents. The software manufacturer, Cellebrite, … The Israeli firm Cellebrite gained …
InverseiPhone SE 2 Leaks Suggest the iPhone X Plus Won’t Be the Coolest 2018 DeviceInverseBlass tweeted a screenshot of what appear to be insider documents that state the smartphone will be named the “iPhone SE (2018).” While sources at the Japan IT Week Spring 2018 Mobile Expo that told Macotakara that all existing prototypes of upcoming …and more »
Government Technology Utah's iPad User's Manual for State Employees Government Technology The report gave high marks to the use of diverse iPhone apps on the iPad.
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The smartphone is quickly eclipsing the PC for many common small business tasks that need to be accomplished on the road such as email, social networking, web browsing, and editing or creating documents . …
The 128 MB of non-volatile flash memory (of which approximately 100 MB is available for files and software) protects your documents and information, even if the device is not charged and the power runs down. And, of course, the Palm TX … With built-in wireless Bluetooth connectivity (version 1.1), you can synchronize the Palm TX with a Bluetooth-enabled computer from across the room (within a range of 10 meters, or approximately 30 feet)
Tweet Documents To Go 3.004 Build 1255 Android Overview: Microsoft Word, Excel®, PowerPoint® and Adobe® PDF files on your Android-powered Smartphone .