text:
One day in the very near future Wall Street and all of its analysts will marvel that a company possessing so many red flags of fraud could be embraced so widely with the overwhelming credulity that it has.
Minkow goes on to say that:
These red flags, especially those citing saturation, are an apparent motive for the unparalleled insider dumping of the past two quarters by Herbalife (NYSE: HLF) insiders.
The Fraud Discovery Institute's latest press release citing "10 red flags" is based on an updated report by noted multilevel marketing expert, Robert L. Fitzpatrick (a full copy of Fitzpatrick's report is on the Fraud Discovery Institute web site) that is "being submitted to law enforcement, the media, and the general public in hopes of shining light on what appears to be and financial crime in progress."
In the YouTube video, Minkow takes aim at Herbalife's business model:
Some twenty years ago I was the darling of Wall Street with my Z Best carpet cleaning company. Analysts heralded how great of a stock Z Best was but much to my shame I was a liar and a thief and went to prison, deservingly so. The irony is, some twenty years later, there is another darling of Wall Street that is nothing more in our view than a financial crime in progress devastating thousands of victims each week, and each month and each year. And that company is Herbalife, a multi-level marketing company that uses the imputation credibility of being a New York Stock Exchange Company to silence any critics of their business model. A business model that’s doomed by design.
The only way to stop this company is to provide full disclosure to those supervisors and distributors before they sign on the very restrictive dotted line and try to earn money from a company that spends 82% of its compensation on less than 1% of its distributors.
We’re going to profile people in interviews on YouTube where they share their experiences of attending functions, buying books and tapes and products and trying whole heartedly to succeed as both a supervisor and or a distributor of Herbalife, but they failed. And you’re going to hear their stories on YouTube for the world to see because when you type in Herbalife to Google these videos will start coming up, so people will have a shot before they loose their money, to hear the other side of the story because the company is not going to tell you that. Sadly, the analysts don’t either on Wall Street. Almost every red flag for fraud exists in one place – Herbalife. Insiders dumping at alarming rates, while simultaneously repurchasing stock on the open market and going into debt to do so.At the end of the You Tube video, Barry Minkow warns Herbalife:
And should this company try to sue us, it's been tried and tossed.
Watch to the entire YouTube video by Barry Minkow below:
The press release issued by Fraud Discovery is below:
Herbalife (NYSE: HLF) Red Flags for Fraud Issued
Sub title: Top 10 Red Flags for Fraud at Herbalife LTD (NYSE: HLF), from Fraud Discovery Institute
For Immediate Release
SAN DIEGO/EWORLDWIRE/Apr 11, 2008 --- The Fraud Discovery Institute has just released a list of the Top Ten Red Flags of Fraud at Herbalife, LTD (http://www.frauddiscovery.net/)based upon experts' analysis of the company. According to Barry Minkow, "One day in the very near future Wall Street and all of its analysts will marvel that a company possessing so many red flags of fraud could be embraced so widely with the overwhelming credulity that it has."
Mr. Minkow is referring to the following Top 10 red flags that are a part of a larger report being submitted to law enforcement, the media and the general public in hopes of shining light on what appears to be a financial crime in progress. "These red flags, especially those citing saturation, are an apparent motive for the unparalleled insider dumping of the past two quarters by Herbalife (NYSE: HLF) insiders," Minkow says. "Moreover, FDI will begin utilizing its ever-growing YouTube subscriber base to profile Herbalife victims through multiple interviews of failed supervisors and distributors."
The Top 10 Red Flags are:
1. Nearly 70% of Stock Holdings Dumped:
Approximately seventy percent of senior managements stock holdings were dumped in 2008. While this promotional senior management team touted record earnings, sales and growth potential, it simultaneously dumped approximately 70 percent of their entire holdings. In 2008 alone, senior management dumped and subsequently received over $40 million and in 2007 over $130 million, for a stunning $170 million total. This is one of the most aggressive insider dumpings in recent history, when one simply compares the shares-sold to the percentage of total ownership. To solve the "no more to dump" problem, CEO Michael Johnson received additional stock options this week.
2. Devastating 90% Miss on New Supervisor Growth:
Although not evident until one digs below the surface, when one removes China's new supervisors from the equation - based on the fact that it is an entirely different business model, the company had a devastating 90 percent miss on the growth rate for new supervisors in 2007. To compare, new supervisors were up 20.1 percent in 2005 and 22.6 percent in 2006. A 21 percent increase in new supervisors during 2007 would have given the company over 40,000 new supervisors. Instead, the company only added just over 4,000 new supervisors, or only 10 percent of the growth expected based upon the average rate for the last two years. This is a dramatic drop in new supervisors and is further evidence of saturation. This is especially significant when one considers that Herbalife is ten times the apparent fraud that Usana is in that they recruit at least one million new distributors a year just to draw even. Thus, missing this supervisor growth rate for a company totally contingent upon a million new people a year is serious.
3. 80% Saturation:
Approximately 80 percent of the world is already saturated by Herbalife despite the claim of unlimited growth potential. The company is dependent upon continuous expansion into new territory not just for growth but survival. Yet, already, Herbalife's expansion has reached more than 80 percent of the world's population as the entire continent of Africa, for the most part, is not in the market for weight loss products.
4. 60% Supervisor Turnover:
Approximately 60 percent of Herbalife "supervisors" turn over each year, which accounts for more than half of the company's total revenue. The company admits in its most recent 10-K that growth is only achieved through recruitment of new distributors, which is done by this pool of supervisors. There is no growth to be had in sales of products to existing distributors. The company is therefore dependent on an endless chain of recruiting in this already saturated market. There is no truth to the assertion that the company has unlimited growth potential, as markets are quickly exhausted due to the 80 percent figure cited above.
5. $365 Million Debt:
Herbalife had $365 million in debt - with over $200 million of that on a $250 million line of credit - on the balance sheet at the end of 2007. Were the proceeds of the line of credit used for research and development to improve products? How about for refunds to failed associates and supervisors? The money was used to repurchase almost $366 million of outstanding shares of Herbalife shares in 2007, with $145 million drawn on the line of credit for this purpose in the fourth quarter of 2007. At the same time, insiders dumped at a record pace.
6. Declines in Major Markets:
After more than 20 years in the United States, Herbalife has more sales in Mexico than in its native and headquartered nation - and now the Mexican market is waning. Germany, the largest country in Europe, is dropping steeply. Brazil, the largest market in South America, is in decline.
7. China isn't Viable Long-term:
Herbalife admits in its most recent 10-K: "In August 2005, China published regulations governing direct selling (effective December 1, 2005) and prohibiting pyramid promotional schemes (effective November 1, 2005). These regulations require us to use a business model different from that which we offer in other markets." The word, "China," is repeated more than 100 times in the 2007 Herbalife 10-K and yet by the company's own admission, it cannot conduct multi-level marketing in that country. "Expanding in China represents a significant growth opportunity for us as we believe that China could become one of the largest direct-selling markets in the world over the next several years." The company says that sales in Hong Kong and Taiwan were down as distributors focused more on China. "But the unanswerable question is, 'Why?' Since Taiwan and Hong Kong allow multi-level marketing and China prohibits it, why would distributors focus on the restricted country?" According to Minkow, "It is the hope of cheating in China."
8. Cannibalization of Markets:
The multi-level marketing business model has essentially no repeat customers. Over 80 percent of Herbalife's distributors quit within one year, never to return. With this devastating statistic, the company is forced to find hew territories if it is to replace those distributors and continue to increase the total number of distributors.
9. Unrest in China:
Troubles in China for another multi-level marketing company, Nu Skin Enterprises, are indicators of trouble ahead for Herbalife and similar multi-level marketing companies. Nu Skin was the target of several investigations "... that have resulted in several cases in fines being paid by us, which in the aggregate have been less than 1 percent of our revenue in China." While the figure of less than 1 percent of the China revenue - which was $205 million in 2007 - appears immaterial, it is troubling because it is an indicator of difficulties that other multi-level marketing companies will face while doing business in China.
10. Like Usana, not like Usana:
It appears that Herbalife and the analysts covering multi-level marketing companies make comparisons to competitor Usana Health Sciences in the most convenient of ways. When the SEC's informal investigation into Usana was closed, one analyst remarked that this boded well for Herbalife with its own SEC inquiry ("The companies are alike."). Yet on March 28 when Usana released negative news about lower earnings due to lower recruitment numbers, another analyst reported that Usana's problems were "company specific" ("Usana and Herbalife are not alike."). Only in the world of multi-level marketing can two opposing positions exist simultaneously.
The Fraud Discovery Institute will profile Herbalife victims on YouTube to provide a level playing field for new recruits. Educating the public about the doomed-by-design, multi-level marketing model was effective in the case of Usana. FDI will launch a series of new profiles that will help consumers searching for, "Herbalife," on the Internet. They will now hear the other side of the nightmare that is the Herbalife business opportunity for all but the top 1 percent of distributors.I will provide my own analysis of Herbalife soon. To be continued.
Disclosure: Not long or short Herbalife or Usana at the time of this writing. I have provided funds in the past to the Fraud Discovery Institute to cover costs of its investigations.
Fraud Discovery Institute has publicly disclosed on its web site that:
In April of 2008, Mr. Minkow once again had an in-person meeting at the Los Angeles office of the Securities and Exchange Commission and informed the commission that he was now shorting Herbalife stock to finance the continued investigation of Herbalife in China and to produce You Tube videos of Herbalife victims. Mr. Minkow also provided direct, online access to the specific trading account where the transaction took place both to the FBI and the SEC including user name and password for the purposes of full disclosure.
Sam E. Antar (former Crazy Eddie CFO and a convicted felon)


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Samsung Unveils Galaxy S4 Zoom Smartphone with 10x Optical Zoom
June 12, 2013 12:24 PM
comment(s) - last by
The Galaxy S4 Zoom is expected to come to the U.S. during the third quarter of this year
Samsung officially announced the Galaxy S4 Zoom, which is the first smartphone to feature a 10x optical zoom.
Zoom combines a full-featured Android Jelly Bean 4.2.2 Galaxy smartphone with a 16 MP point-and-shoot camera, which offers a 10x optical zoom.
The camera also features a Xenon flash, optical image stabilization and a "Zoom Ring." This ring encircles the camera, and when turned, it allows for in-call photo sharing -- even when on a call. Or, it will activate the Quick Launch and Shortcut features for direct access to other camera modes.
Users can also use software like Photo Suggest, which shows pictures taken by others nearby; Story Album, which allows you to arrange all of your images and videos into one timeline, and Smart Mode, which lets you choose from many pre-set modes that the camera will automatically adjust to.
As for the smartphone itself, it features a 4.3-inch qHD display, 1.5GB RAM, 1.5GHz dual-core CPU, 8GB of internal storage that's expandable via the microSD slot and a 1.9 MP front-facing camera.
The Zoom isn't the only new member of the Galaxy S4 family. Late last month, Samsung unveiled
the Galaxy S4 Mini
, which is a smaller version of the Galaxy S4. It's light at 107 grams, and offers a 4.3-inch qHD AMOLED display, a 1.7 GHz dual-core processor, Android 4.2.2, integrated Wi-Fi, GPS, Bluetooth, NFC technology, 8 GB of internal storage, and 1.5 GB of RAM.
The Galaxy S4 Zoom is expected to come to the U.S. during the third quarter of this year.
This article is over a month old, voting and posting comments is disabled
6/12/2013 12:57:58 PM
Totally! OMG! Take my money now! LOL!
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27 hotels change hands in first half of 2014
27 hotels have been sold in the first six months of this year, with a value of over €132m.
Analysis from property firm CBRE shows that the sales to date this year, excluding investment sales, are more than double the same period in 2013.
75% of sales were to local investors and hotel operators, while a further 21% were from the US, UK and China.
You can view the report in full here.


text:
By Daniel Wiener Broner | CNN
For many months, the price of eggs was soaring. Now they are having a blast.
As of last week, wholesale market prices for midwestern large eggs, the benchmark for eggs sold in the shell, were just $0.94 per dozen, according to independent price reporting agency Arner Barry.it’s a steep drop from $5.46 per carton Exactly half a year ago. (At retail, prices are well above $1 per carton, but prices are also dropping.)
Why did it decline? It was the reversal of demand and supply that caused the price hike in the first place.
last year, deadly bird flu A significant number of laying hens became extinct, reducing the egg supply. On top of that, farmers have had to deal with soaring feed and fuel prices.
The turmoil has allowed producers such as Cal Maine Foods, the largest egg distributor in the United States, to cover significant price hikes. rake in huge profits.
But now that supplies are back on track and the industry is gearing up for a bird flu outbreak this year, the deadly virus appears to be under control. On the other hand, demand has not kept up.
The drop in wholesale prices began in late March, said Karin Rispoli, senior egg market analyst at Arner Barry. Prices hit an annual low in early May and have remained largely stable since then, he said.
“While bird flu dominated the egg market in 2022, this year’s market is dominated by the absence of bird flu,” Rispoli told CNN.
About 308 million chickens were laying eggs for consumption as of early December, down from about 328 million in December 2021, according to the U.S. Department of Agriculture. However, the number has continued to grow since then. As of April, 314 million egg-laying hensaccording to the USDA.
egg?of this economic?
As the bird flu situation improves, the supply of eggs is increasing, while consumer demand is also declining.
One reason is that shoppers bought less in response to rising egg prices. When prices were skyrocketing, “everybody and his brother were talking about what was going on with egg prices,” said Amy Smith, vice president of consulting firm Advanced Economic Solutions.
The Egg has become “a symbol of what is happening with inflation,” Smith added.
In the four weeks ending April 22, U.S. retail egg sales fell 4% from a year earlier, according to NIQ, which tracks retail sales. (Nevertheless, egg sales remain generally stable. NIQ data shows unit sales were broadly flat for the year through April, despite rising prices.)
Headlines aside, shopper demand for eggs typically dwindles in late spring, experts say.
“This is the time of year when demand is a little more subdued,” said Brian Ernest, chief economist for animal protein at Cobank.
Demand for eggs typically peaks around winter break when people bake and eat breakfast at home, and although it slows in the first quarter, it’s usually relatively strong. Not so this year.
“Shoppers are budget-conscious at this time of year, so they’re going to put more eggs in their baskets than usual,” he said. But in a high-price environment, they won’t overbuy. ”
Demand for eggs is unlikely to pick up again for several months. After Easter and Mother’s Day, demand typically drops until the back-to-school season.
“Wholesale prices are entirely market driven. They are not set by egg farmers,” said the president and CEO of the American Egg Board, a funder of farmers working to increase egg demand in the United States. (CEO) Emily Metz said.
Will supermarket egg prices drop?
Wholesale prices are plummeting, but that doesn’t mean consumers can get the same price. Egg retail prices are falling at a more moderate level.
Recent data from the Bureau of Labor Statistics show egg prices fell 1.5% from March to April, taking into account seasonal fluctuations. (On an annual basis, prices remain high. Egg prices were 21.4% higher in the year to April.)
Wholesale prices are usually more volatile than retail prices. That’s because supermarkets and grocers set retail prices for eggs and don’t want customers to be scared away by the volatility. As such, grocery store prices do not follow wholesale trends as quickly.
“Retailers don’t necessarily cut prices because wholesale prices go down,” Ernest said. “Consumers will therefore still be exposed to higher price points, and it will take some time for that to dissipate.”
Smith of Advanced Economic Solutions expects food prices to “roll down.”
Retailers may be holding their breath for another egg mess, she noted.
“We’re going to make sure we don’t disrupt the market before they completely discount something,” she said.
The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
https://www.eastbaytimes.com/2023/05/16/us-egg-prices-are-crashing-heres-why/ US egg prices are crashing.Here’s why


text:
HVAC contractors, and homeowners in the market for new comfort systems have a new way to meet: HVAC.com. This Internet service allows homeowners to purchase HVAC systems over the Internet and find contractors interested in bidding on the installation of those systems.
The service was started by Will Housh, founder and CEO of Housh, Inc., Monroe, OH.
Housh says the new service is something customers have long been waiting for, in a world where time is short, and online HVAC information is plentiful.
“Several years ago, it seemed clear to me that consumers were speaking pretty clearly that they wanted to research, shop, and ultimately make their purchasing decisions via the Internet,” he says.
“HVAC.com provides homeowners with the information, advice, technical information for equipment, accessories and IAQ, and then connect them with local contractors who can do the work for them.”
Through HVAC.com, customers across the U.S. have the option of buying systems online and then, either finding an installer through separate channels, or they can provide the HVAC.com team with information related to the size of the home, their comfort needs, and expectations. That information is then put out to bid to area contractors, who submit a bid to HVAC.com.
For those who choose the contractor route, a phone- and web-based dialogue is used to supplant an initial in-home meeting with a contractor.
Keeping Up With New Lifestyles
“We’re offering the customer the convenience of taking care of that process according to their schedule, through their mobile device or home computer, without the necessity of all the in-home visits, changing schedules around, and things like that,” Housh says. “Having come from the business, and having sat across the table from hundreds of homeowners, we know what questions to ask, and what photos we need of the home to visualize the type of job. Once we gather that information, and it’s entered into our database, we make a bundled, ‘good-better-best’ solution. We take what the customer has told us, and create those packages with the sizing, tonnage, and Btuhs we think should be included in the quote. Those bundles are then shown to the contractor.”
Housh wants to be clear that HVAC.com does not price the jobs.
“The local contractors in the customers’ area receive the lead and the opportunity to quote. It’s their opportunity to win a new customer with the brand of equipment they prefer to propose, with their understanding of the local market, building codes, permitting, and other things.”
“We are pro-contractor,” Housh says emphatically. “We’ve made quite a bit of investment and have done quite a bit of technical work to connect customers with contractors, rather than leaving the customers to their own devices. We’ve bent over backwards to create a system that includes the contractor, because we want to protect the integrity of the brands, and see that things are done safely and according to standards.”
Brands currently in the HVAC.com system include Goodman, Rheem, Rinnai, Mitsubishi, and Lennox. More brands will be added.
Housh says some manufacturers are happy to see their equipment and brands represented in a responsible fashion on the web, and having the brand exposure to tens or hundreds of thousands of consumers.
“They just prefer their equipment not be sold direct. They want to see it sold by the local contractor. In those instances, those brands are represented that way, and those brands go through the “assisted sale” process, so the local contractor can be the one that makes the sale through our system.
“HVAC.com is ‘the marketplace,’ or ‘matchmaker’ that allows the transaction to occur between the contractor and consumer in those cases,” Housh says.
Caution Regarding Unlicensed Installers
Customers who seek only to purchase a comfort system and have it installed outside of the HVAC.com program are warned of potential warranty issues if a system is installed by an unlicensed person.
“We’re still in the process of finalizing and putting the finishing touches on where we are communicating those messages to consumers, on the product page and warranty documentation that’s available for download on the website, and on the packing slip and invoice that’s available to the consumer. We want to be able to communicate that message to the consumer in several different ways, so that it’s very clear,” Housh says.
“When they call — and most of the time the customer is calling us to make sure they’re making the right choice, and have us help them narrow things down — we’re able to advise them clearly about safety and warranty concerns.”


text:
AnastasiaDate is all set to get moving in this year’s Gumball 3000 Rally and help make it a truly spectacular event. The internationally acclaimed online dating service will participate in this exciting rally for the second time, following a mighty debut in the 2014 Gumball Rally. Last year saw AnastasiaDate’s Lamborghini Gallardo LP 560-4 Spyder become one of the most attention-grabbing cars of the rally.
Because love is the focus for AnastasiaDate and its members, the online dating company has numbered its Gumball car 67 to symbolize the 1967 ‘Summer of Love’. At the controls of this car will be two stunning lady members of the daring dating service, who are currently putting the finishing touches to their preparations. And this year the ladies will be driving a classic 1969 Chevrolet Camaro Z/28, a model which embodies the spirit of American muscle cars. During the height of its success, the Camaro set a new benchmark in excellence and automotive cool.
The Gumball 3000 Rally 2015 will again feature 120 cars, which will be flagged off from Stockholm, Sweden. Also taking part in Gumball 3000 will be celebrity drivers including last year’s winner deadmau5 and debutant Tommy Lee of popular rock band Motley Crue. The route of the rally covers popular European cities including Oslo, Copenhagen and Amsterdam in its first leg. The participants and cars will then be flown over the Atlantic Ocean after which they will resume the rally in Reno, powering their way through San Francisco and Los Angeles before finally hitting the brakes in Las Vegas on May 30th.
AnastasiaDate is taking part in the Gumball Rally 3000 this year alongside AsianDate, their sister dating service. Both websites have everything in place for the breathtaking journey and are now making the final touches before the team gets off to a roaring start.
For additional information, visit http://www.anastasiadate.com
About Gumball 3000
Gumball 3000 was created in 1999 by ex-racing driver, designer and British entrepreneur Maximillion Cooper; and was born from Cooper’s vision to combine cars, music, fashion and entertainment to create a pop culture lifestyle brand of the future. Cooper derived the word ‘Gumball’ from New York artist Andy Warhol after he used it to describe how the public chew up and spit out popular culture like chewing gum; and ‘3000’ as a nod to Cooper’s fascination with the future, particularly at a time when the world was about to enter the 21st Century. Cooper decided to launch his lifestyle brand concept by inviting 50 of his influential and celebrity friends to join him on a road-trip around Europe to experience an adrenaline fuelled-adventure, driving incredible cars and hosting glamorous parties each evening. This road-trip and its now legendary parties attended by the likes of Kate Moss, Kylie Minogue and Johnny Knoxville, was the first ‘Gumball 3000 Rally’ and rapidly caught the attention of the press and public alike, achieving mainstream media coverage across celebrity, fashion and automotive publications, gracing the covers of GQ, Esquire, FHM, CAR and The Financial Times.
AnastasiaDate is the leading international dating service that facilitates exciting and romantic companionship with beautiful and interesting women from all over the world. Founded in 1993 by a Russian-American couple, AnastasiaDate now has over 4 million international users and attracts more than 10 million online visits monthly. Additionally, over 1.5 million conversations are exchanged onsite daily. AnastasiaDate is committed to member safety, customer satisfaction and the ongoing pursuit of innovation. Part of the Social Discovery Ventures network, AnastasiaDate is served by offices in Moscow and New York with additional representation in every country it touches. AnastasiaDate provides a high level of customer service to a worldwide clientele. AnastasiaDate users are able to communicate across a variety of top-notch multimedia platforms, including video chat and a mobile app for Android devices available in Google Play.


text:
India Inc mum on exit polls; awaits actual results
When reached out, major industry chambers Ficci, CII and Assocham declined to comment on the exit polls.
Wall Street pressured as Huawei fallout worries spark tech sell-off
Apple Inc slumped 3.3%, weighing the most on the three main indexes and d...
GOQii sends legal notice to Flipkart against deep discounts
In a legal notice sent to the Walmart-owned online marketplace on Saturday, GOQii...
New govt have to take urgent steps to improve liquidity: India Inc
Measures to tackle the NBFC crisis, relaxation in bank borrowing norms, boost to capital market activity and larger public infra spends top the wish list of corporates’ expectations from the new government.
Eggless egg-maker Just Inc. mulls IPO, eyes India entry
Just, a $1 billion enterprise previously known as Hampton Creek, introduced a liquid egg substitute last year that’s made with mung beans.
Is Amazon's Echo Dot Kids Edition violating your child's privacy?
The group also said that the device does not ever erase history completely.
Zydus Pharmaceuticals Inc among cos facing lawsuit by US states: Cadila
In a regulatory filing, Cadila said in its opinion this particular matter is not likely to have any material impact on the operations and financials of the company.
The answer to Uber's profit challenge? It may lie in its trove of data
Under Khosrowshahi, Uber has expanded and elevated its data science teams, according to current and former employees.
Rare Apple-1 computer to go under the hammer at Christie's, may fetch Rs 4.56 cr
The Apple-1 systems were still sold without casing, power supply, keyboard or monitor.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service


text:
Longtime beer industry veteran Simon Thorpe has been tapped to lead the North American craft beer division of Kirin Holdings-owned and Australia-based Lion Pty Limited, announced today.
The former Pabst Brewing CEO will serve as the managing director of Lion’s mostly undeveloped U.S. craft business. Thorpe will report to Matt Tapper, the managing director of Lion Global Markets, which was launched in 2015 and is tasked with expanding the company’s Australian and New Zealand craft beers and ciders into international markets.
“We are working quickly and with determination to create a U.S. company that capitalizes on the continued growth of craft, and the changing needs of customers and consumers,” Tapper said via a press release.
It’s a newly created role for Lion, the company Kirin has tasked with “spearheading investment in craft brewing around the world,” and it indicates the company’s growing interest in acquiring U.S. craft breweries.
In the press release, Thorpe hinted at possible future partnerships, saying the U.S. craft market was at a “very important stage of development.”
“Achieving a leading position in this highly fragmented and dynamic market depends on the strength and flexibility of brands, robust and truly effective brewing and distribution networks, transforming innovation capabilities beyond what we have been used to in craft and collaborative partnerships of scale, so that breweries can respond to the next generation of consumers,” he said.
Thorpe, who spent seven years as the president of Duvel Moortgat USA prior to serving as CEO of Pabst for about two years, a role he left last September, is an M&A specialist. While at Duvel, he engineered the purchases of Kansas City’s Boulevard Brewing in 2013 and California’s Firestone Walker Brewing in 2015.
Speaking to Brewbound, Thorpe declined to comment on the size and scope of Lion’s U.S. ambitions.
Nevertheless, the company’s desire to “achieve a leading position” within the U.S. craft beer sector suggests the Kirin subsidiary could be prepared to spend hundreds of millions of dollars on building its North American presence.
A potential piece of Lion’s emerging U.S. business – one that today includes the importing of Australia’s Little Creatures Brewing, and a forthcoming San Francisco brewery and restaurant — could be New York’s Brooklyn Brewery.
Kirin Holdings owns a 24.5 percent stake in Brooklyn, which is the 12th largest craft brewery in the U.S., according to trade group the Brewers Association.
Brooklyn itself holds undisclosed minority positions in California’s 21st Amendment Brewing and Colorado’s Funkwerks.
Asked what role those breweries would play in Lion’s development of its U.S. business, Thorpe said the company’s “goal is to provide practical support and resources to the Brooklyn team.”
“That relationship is very important to Lion’s long-term ambition to make a scale presence in the U.S,” he said.
In an email to Brewbound, Brooklyn Brewery president Robin Ottaway said Kirin and Lion were “excellent and important partners, especially in Japan and Australia.”
“We’ve known and respected Simon for years and look forward to working together in the U.S.,” he wrote.
Non-beer investments could also be on the table.
According to an investor presentation from February, Kirin Holdings said it planned to allocate upwards of $1 trillion yen ($8.9 billion USD) over the next three years “for investment in creation of intangible value, growth of existing businesses, and the establishment and promotion of new businesses bridging pharmaceuticals and food and beverages.”
Both Lion and Kirin have robust non-alcoholic divisions overseas, and Kirin has charged Lion with forming a “competitive position” in international craft beer markets, as well as expanding “craft coffee, kombucha and other-non-alcoholic beverage businesses,” according to the deck.
“Kirin has chosen Lion to lead its global craft strategy, which is a vote of confidence in the capability and vision of the Lion business and the team,” Thorpe told Brewbound.
Outside of the U.S., Lion already owns a number of craft breweries. Earlier this year, the company purchased Magic Rock Brewing Company in the United Kingdom. Last July, it acquired London’s Fourpure Brewing.
Lion’s international craft beer portfolio also includes the aforementioned Little Creatures, as well as Malt Shovel Brewery, Kosciuszko and James Squire in Australia. In New Zealand it owns Panhead Custom Ales and Emerson’s Brewery.
A press release with additional details is included below.
Lion Appoints Managing Director for North American Craft Beer Business
3rd May 2019: Australian headquartered brewing company Lion has appointed US beer industry leader, Simon Thorpe, to the newly created position of Managing Director for its emerging North American craft beer business.
Simon Thorpe will report to Matt Tapper, the Managing Director of Lion Global Markets, who said:
“I am pleased Simon has decided to join Lion on its journey to build its craft beer presence in the United States. We are working quickly and with determination to create a US company that capitalises on the continued growth of craft, and the changing needs of customers and consumers. Simon’s experience and leadership in this field will be invaluable in achieving our goals.”
Simon was recently the CEO of Pabst Brewing Company, where he set the independent beer business on a path toward premiumisation and higher margin products. Before that he was CEO of Duvel Moortgat USA, where for more than seven years he was instrumental in helping the company expand its presence in the USA, overseeing the purchase of Boulevard Brewing in 2014 and Firestone Walker in 2015. Simon was previously President & CEO – USA and Head of Global M&A and Strategy for InBev.
Simon Thorpe, Managing Director, Lion, North America, said:
“The US craft beer market is at a very important stage of development. Achieving a leading position in this highly fragmented and dynamic market depends on the strength and flexibility of brands, robust and truly effective brewing and distribution networks, transforming innovation capabilities beyond what we have been used to in craft and collaborative partnerships of scale, so that breweries can respond to the next generation of consumers. I look forward to helping build on Lion’s authentic brewing culture, their depth of experience from around the world and their tremendous resources and capabilities to create a leading platform for our brands and partners in North America and fulfill our goal of becoming a major US Craft company.”
In Lion’s home markets of Australia and New Zealand, Craft is now the fastest growing segment in the beer category, and much of the growth has been driven by Lion’s award-winning portfolio, including Little Creatures, Kosciuszko and James Squire, which has been developed from a combination of Lion’s innovation and through partnerships with like-minded breweries. The Lion team is responsible for spearheading investment in craft brewing around the world for its parent company, Kirin.
Since 2015, Lion has demonstrated its commitment to developing an international community of craft brewers through the development of microbreweries worldwide and its recent acquisitions of Fourpure and Magic Rock craft breweries in the UK. In 2017, Lion began importing its leading Australian craft beer, Little Creatures, into the North American market where distribution has since expanded to San Francisco, Los Angeles, Washington DC and Vancouver. Recently, Little Creatures announced that it will be opening a new microbrewery and restaurant in San Francisco in the Summer of 2019, featuring beers brewed on-site as well as a range of its craft beers imported from Australia.
As well as reporting to Matt Tapper, Simon will also work alongside Steve Myers, Managing Director of Lion’s North American Wine Business, Distinguished Vineyards & Wine Partners. Simon will be based in Los Angeles CA.
Lion is a leading beverage and food company with a portfolio that includes many of Australasia’s favourite brands in beer, wine and dairy. We employ more than 6,700 people across Australia and New Zealand predominantly and take great pride in our local manufacturing footprint, which spans 38 sites – including large breweries, craft breweries, wineries, dairy farms, milk, cheese, yoghurt and juice sites as well as venues. Lion operates historic breweries, such as James Boag and XXXX Castlemaine Perkins, and is a leader in craft brewing, with brands such as James Squire and Malt Shovel, Little Creatures and Kosciuszko. The Lion Group is a wholly-owned subsidiary of Kirin Holdings. Kirin is a global, multi-industry food and beverages company headquartered in Tokyo.
Lion’s Global Markets (LGM) business was launched in 2015 to take Lion’s Australian and New Zealand craft beers and ciders into new international markets and accelerate the growth of its wine business in North America. LGM is a dedicated team operating in an entrepreneurial way with a lean, fast, and flexible operating model. With significant growth in craft beer forecast for the coming years, Lion has identified North America, Asia and the UK as markets where it can leverage its craft experience and brands from Australia and New Zealand to drive long term growth outside of its home markets.


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If you’re searching for the ultimate Mother’s Day gift, then look no further as Yankee Candle has a mega sale at Boots .
Mother’s Day this year falls on March 22 and if you’re struggling with finding the perfect gift then why not consider a candle?
Yankee Candle has come to the rescue by slashing the price of its gift set by half – meaning you can get 21 scents for £24.
Its original price is a whopping £49.90, meaning you’re saving a whopping 50% on this incredible bargain.
Boots customers can now pick up the set for just £24, so it leaves you with enough money to buy some flowers if your budget is £30.
The Mother’s Day set includes one medium jar candle, one small jar candle, seven votive candles and 12 tea lights – in a range of the brand’s most popular scents.
Since the post was shared earlier this week, more than 1,600 liked it and 2,100 commented on the bargain.
One said: “I want this for Mother’s Day.”
Another said: “We need to buy these.”
A third gushed: “These look great.”
The offer is available in your local store and online, but you’ll have to be quick as it could go at any minute.
Previously, a B&M shopper spotted £24 Yankee Candles flogging for 50p each in a mega sale.
The Red Raspberry candles, which are usually £24 each, were found discounted at the retailer earlier this month.
At the time of the post, one said: “Good for you. Great bargain.”
And another added: “I paid £6 today!”


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Ville Ventures Comics Announces New Superhero
Today (Via Facebook) Ville Ventures Comics announce a new superhero by the name of Magonolia.
Magonolia is a young teenager with telekinesis powers. Created by Ancil Harris, Magonolia is set to be featured in the Tarsin digital comic volume 2 as a mini comic.
Check out the artwork below.


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For anyone working in the apparel and luxury market, they already know that it is serious business. But to the outsider’s perspective, it can seem like an industry subpar to others, relegated to the status of a superfluous and superficial diversion for those with champagne-swilling tendencies. Statistics reveal a more sober reality.
Millward Brown – a firm specializing in advertising, marketing, communications, media and brand equity – recently unveiled its 2014 BrandZ Top 100 Most Valuable Global Brands. According to the list, luxury brands rose in valuation by 16 percent, the greatest increase since the recession, to a combined value of more than $111 billion. Louis Vuitton grew 14 percent in the last year (to a value of $25 billion), and Burberry had a whopping 42 percent growth with a brand value of nearly $6 billion.
Apparel is apparently the fastest growing sector in brand value among the 14 key areas of the global economy, growing at 29 percent year over year. The top spot for apparel brands went to Nike which was valued at $24.6 billion. So when that next fashion trademark case comes along, it is not about egos (although what lawsuit isn’t to some extent), it’s about a very real bottom line.


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The New Zealand Government’s Energy Efficiency and Conservation Authority is pushing Kiwis to participate in the World Car Free Day next week by ditching their rides in favour of low-carbon transport alternatives.
The day aims to encourage businesses and individuals across New Zealand to sign up to the government’s Gen Less platform to go car-free for the day.
Apparently more than 100 businesses have already done so including the Bay of Plenty Regional Council and Wellington City Council.
It is also mentioned that cities across the world are planning to close down streets or even entire districts to cars on the World Car Free day.
According to the Gen Less website, World Car Free Day is a movement that began in 2000 and it supposedly brings communities together to consider new ways of getting from A to B.
Any approach in reducing New Zealand’s 20 per cent of transport emissions is to be welcomed, though one day not taking the car might not have any lasting effect. However, if it gets people thinking about the issue it might stimulate more use of zero-emissions solutions, while also benefiting overall health status.
World Car Free Day will take place on Thursday, 22 September so if you’re not participating be wary of more e-bikes and kick scooters on the day.


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After nearly two years we could be forgiven for assuming that Thunderbolt is the connection that dare not speak its name. As I wrote last month, periperals for Thunderbolt have been as rare as rocking horse manure. Which is strange, considering the efforts Apple has made to make the standard popular. There are now stirrings of movement. I have already ordered Belkin’s long-gestated Thunderbolt Dock and I hope to have it on my desk before the end of June. This could be the beginning of a surge in popularity for Thunderbolt.
Today Apple Insider publishes an informative article by Kevin Bostic in which he suggests that the bogeyman in the dark corner of the room is Intel itself. The chipmaker retains such strong control on the technology that it is difficult, and expensive, for third-party developers to incorporate the fast connection.
Bostic discloses that a four-channel Thunderbolt chip component costs $35 at wholesale and this translates into expensive peripherals, including Thunderbolt cables which cost upwards of $40 each.
There has been pressure for the technology to be licensed but, so far, Intel has not budged. My view is that Thunderbolt is ready for the big time but it will not succeed if it cannot compete on price.
by Mike Evans, 29 May 2013


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EDO- Thursday, 29 April 2021: Edo fish sellers have called on the State Governor, Godwin Obaseki, to intervene in the consistent increment of fish price.
The fish sellers on Thursday were seen on major roads in Benin City, the state capital, protesting.
They alleged that the cold room owners, ‘fish union’, were responsible for the increment.
One of the fish sellers, Mrs. Precious Igbinaduwa disclosed that a carton of fish which was initially sold for N7,000 suddenly skyrocketed to N37,000, due to the incessant increase in price.
“We have stopped selling fish at the moment, we will not return to the market until the government intervenes in the matter.
“At the moment, we the fish sellers have refused to sell fish in our markets in Benin city until the Edo State Government intervenes in this matter.
“We the fish sellers in Edo State markets humbly solicit the help of the Edo State Government and every other relevant stakeholder to step into this matter as the ordinary man and woman in Edo market can no longer buy fish in Edo as a result of the high prices of fishes caused by the evil fish union (sic) in our market.
“Gov Obaseki should direct the Cold Room owners to reduce the price. But the Cold Room owners have rather threatened that if we (fish sellers) further complain they would increase the price to N42,000.
“They will go to Port Harcourt and buy the fish and divide it amongst themselves and decide the amount they are going to sell. Even when we confronted them that the price is too high, and that we are running at a loss and that the common man can no longer afford fish, they said it was none of their business and that if we complain further we will come back to buy the same carton at N42,000.
“This is the reason why we came out. The money these people are making from us as profit is too much. At least N2000 to N3000 profit is enough from a single carton and not this N7000 to N8000 they are making. At times we will go to them, they will hoard the fish and say they will not sell.”


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Alibaba Group Holdings (BABA:NYE) has reaffirmed the merits of its reorganisation plan, which involves dividing the corporation into six different units. Two days after announcing the reorganization plan, Alibaba hosted a conference for investors to reconfirm its commitment to the new approach. The business highlighted that it will continue to assess the performance of each division and that it may surrender ownership of any failing divisions.
Alibaba will maintain authority over the organisations and their boards despite the fact that each entity has its own CEO and Board of Directors. In recent years, Alibaba Group CEO Daniel Zhang has stressed the company’s focus on agility and becoming a more nimble and agile business.
In order to enhance its financial structure, Alibaba will also sell fewer strategic stakes and maintain its permitted $25 billion share buyback program. The reorganization plan has been greeted favorably by analysts, who have assigned BABA stock a Strong Buy consensus rating for the foreseeable future. The 30th of March saw a 3% increase in Alibaba’s share price on the Hong Kong exchange following the investor meeting.


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For almost three decades, Rockville, Md.–based Federal Realty Investment Trust, a REIT specializing in the ownership, management, development, and redevelopment of retail assets, owned Mid Pike. The 24-acre shopping center, with a CVS Pharmacy, Bally Total Fitness, Quizno’s Subs, ?and other suburban staples, sits less than a quarter mile from the Red Line Metro subway stop ?in White Flint, Md. But last year, Federal got the property rezoned into what it hopes will be a top-notch mixed-use community with 1.7 million square fee of retail and more than 1,500 residential units. “The idea is to take the shopping center and turn it into a town center with very good urban, pedestrian-friendly blocks,” says Evan Goldman, vice president of development at Federal.
In hotter markets, like Washington, D.C., developers that are known for building office and retail are adding multifamily to their menu of options. In some cases, it’s not a new product type for them. In other instances, as with Washington-based Combined Properties and Houston-based Hines, multifamily is a new business for 2011.
As a result, some multifamily developers wonder if they’re getting crowded out. Office builders contend that isn’t the case. But there’s no doubt that everyone is trying to capture value from multifamily buildings.
“Everyone who is in the development industry is seeing that multifamily is the predominant opportunity,” says Greg Bonifield, a principal with Arlington, Va.–based developer Woodfield Investments. “They’re just getting more and more competition every day in the multifamily development world.”
For Federal, the decision to redevelop wouldn’t have been feasible without some other sort of use. “It’s really a successful shopping center today,” says Goldman. “So we couldn’t justify tearing down that center and just building a retail town center without anything above it.”


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New York Comic Con partners with YouTube for Virtual 2020 event
New York Comic Con has announced that they’ve ultimately decided to cancel this year’s physical convention in light of the ongoing global pandemic. Despite this obstacle, NYCC is following suit with other previously cancelled conventions such as the San Diego Comic Con by officially moving their annual event to the digital platform. They, along with London’s MCM Comic Con, are joining forces with YouTube to bring loyal fans a new online portal called New York Comic’s Metaverse which will be dedicated to delivering pop culture experiences, right into the comfort of the fans’ homes. The virtual event will be starting from October 8 until October 11.
“We are thoroughly disappointed that we can’t gather together, in-person for the New York Comic Con we love to build and our fans love to revel in,” ReedPop president Lance Fensterman said (via Deadline). “We look forward to this weekend all year long, just like you, and with this being our 15th edition, we were particularly excited. I will miss walking up and down artist alley and seeing friends that I’ve made since we were in the basement at the Javits Center. While this year will definitely be a different experience, we are going to look to bring the best and most engaging event to our fans, exhibitors, and studios through our partnership with YouTube.”
This year’s NYCC virtual event will feature almost the same activities that fans have been enjoying in previous conventions including: fan meet-and-greets, live Q&As, personalized autographs, videos, and professional workshops. ReedPop is also planning to set up a virtual marketplace where exhibitors and creators can still share their new works.
The current lineup that has already been confirmed is Starz’s American Gods, all of the Star Trek shows from CBS All Access, DreamWorks Animation, Hulu, and FX. More guests are expected to be announced in the coming months.


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That’s the view of Jahangir Khan, who has owned Magna Tandoori on Bridge Street for nearly 30 years.
His Indian restaurant has again been rated among the best 100 in the UK.
Magna Tandoori has made it into the 2014 Cobra Good Curry Guide Top 100 for the second time.
The annual guide was first published in 1984 by Pat Chapman, founder of the The Curry Club, and identifies the UK’s best curry restaurants out of more than 9,000 across the country.
“The secret is fresh and quality food,” explained Mr Khan, who took over the restaurant in 1985, three years after it opened.
“You can get away with lower quality in a big city like Newcastle or Edinburgh because they can survive as a business with passing trade. But that is not the case in a smaller town like Berwick.”
Mr Khan’s business relies on regular customers, so he goes out of his way to keep them happy by serving up the best. In a town the size of Berwick, he says, quality food has to be the cornerstone of his business.
“It I serve one bad meal, then I’ve served ten bad meals,” explained Mr Khan, who runs the restaurant along with his brothers, Alamgir and Oliul.
“Most of my customers are regulars, so we always make sure we serve quality food. It is expensive, of course, but it is essential for the business.”
For Mr Khan and his team, authenticity is essential too. Food is prepared in traditional style, cooked in a charcoal tandoori clay oven.
“We only use the best quality meat and spices,” he said. “We prepare and marinade our meat fresh before cooking it in the clay oven.
“We don’t do it any other way. When we serve a meal it will be fresh. Good quality products and good methods, mean good quality food.”


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Usually, when a big name politician like a governor visits a local coffee shop citizens line up to take photos
The 11 best new starbucks Videos, Memes and GIFs going viral on Youtube and across the internet in January 2020 and of all time (in the archives).
Starbucks made news a while back when they announced they would start rolling out screens and cameras at the drive-thru
Apparently, this Starbucks manager doesn't know that the customer is always right. When Ruby Chen went to a Starbucks on Broadway in
Psych Ward posted this video last summer, but it has only gone viral now with over 750,000 hits! While visiting the
Olivia Mowry has somehow managed to make a new Frozen parody that is fresh and new. As most students are now swamped with
Comedian Nathan Fielder had an ingenious idea. He figured that he could simply add 'Dumb' to Starbucks and legally create
The world's most famous coffee shop, Starbucks, is constantly raked over the coals for their outrageous prices. But millions of


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These days people have become more energy conscious – everyone is going for more green sources of energy. We are seeing a lot of changes in how we use our resources these days. In older days people used bulbs a lot because they were cheap. But now people use fluorescent lamps or fluorescent tubes which are far more efficient than ordinary bulbs. But the growing trend is LED’s – there are even led flashlights around now.
The ugly fact still remains is that the automobile market which sells fossil fuel based cars and bikes is still booming – but people do buy smaller cars indeed.


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The year started with cries that cult DVDs were doomed, talk of “over-saturation” and “the end of an era” were banded about. Yet we are still here, and much to everyone’s surprise, heralding the launch of an all new cult DVD company, in England!
Shameless Screen Entertainment has been established with the sole intention of distributing ex-video nasties, and the more extreme cult cinema. Their first two titles released earlier this month are a good example of this, and reflect the real possibilities… or the possible realities of this new company.
Phantom of Death is a real plus. Previously only available on DVD from Germany, and generally not very well known, despite the presence of the notorious Ruggero Deodato at the helm, it is presented fully uncut and in a good looking widescreen print.
New York Ripper is more of a concern. It has been readily available on DVD in the US (although it is OOP at present), and recently released on a very good, feature packed Swedish DVD, the Shameless release has also suffered from that curse that will doubtless hang over the company for a while to come – BBFC cuts. I won’t get into the idiocy of mature and consenting adults in the UK being barred from watching a film freely and fully available in the US, Scandinavia, Italy, France, Netherlands, Australia and Germany.
Ultimately Shameless have no way of telling, before they submit a film, whether or not it will be cut, and with the high cost of submitting a film, they can’t afford not to release it afterwards. However, they do know when a film has been previously released, and perhaps should be looking to fill the gaps in the market rather than simply doubling up – although from the Joe-six-pack perspective, titles like “New York Ripper” are much better known, and likely to sell a lot better in stores.
Shameless are certainly the most exciting company to emerge this year – their superb cover-art and well written case notes show a real love for the films that many of the other cult DVD companies, and certainly the majors seem to be missing. Some will doubtless criticise the lack of bonus features on the discs, but at their own admission, the company have said that the cost of recording interviews etc. would force them to cut their releases from two a month, to one every two months – and while it is a pity not to get to hear Michael York explain just how he came to be cast in a Giallo film, it is a worthwhile sacrifice to simply get the film out on DVD.
So lets just hope that they survive the BBFC maulings, and make enough sales with the better known titles to allow more unreleased goodies to emerge in 2008.
Read more about the upcoming Shameless titles at our upcoming page, or their own site at Shamless-films.com


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You hear a new get-thin-quick promise on social media nearly every day. Do this workout! Give up that snack! Only eat grapefruit! But we're calling BS on many of them. Here, we asked experts to share the silliest, unhealthiest, and just plain wrong weight-loss tips they've ever heard.
Bad Advice: Always Choose Low-Fat Instead of Full-Fat
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Why it's wrong: "The low-fat craze of the '90s and 2000s has left a lot of people thinking that they have to eat low-fat everything in order to lose weight," says Lindsay Livingston, R.D., of The Lean Green Bean. "In reality, when you take the fat out, you have to replace it with something else to keep the taste, and that usually means adding a lot more sugar or salt." Not to mention, fat could actually help you lose weight. A 2014 study published in Annals of Internal Medicine found a low-carb diet trumps a low-fat diet when it comes to weight loss. The low-carb dieters in the study lost an extra 8 pounds over the course of 12 months even though the two groups stuck to a similar number of calories.
Bad Advice: Indulge In a Cheat Day Once a Week
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Why it's wrong: Eating healthy six days a week and then digging into what you've been missing on day seven is a pretty common dieting practice. But in reality, the plan could undermine your weight-loss efforts altogether. "Psychologically, the idea that you are 'cheating' on something, that you are saving up some day to go hog wild and eat whatever you want, is not a very healthy one," says Sharon Palmer, R.D.N., the plant-powered dietitian and author of Plant-Powered for Life. "This idea sets up negative feelings about food and health in one's mind." This way of thinking also suggests the diet is temporary rather than a lifestyle you can stick to for the long haul, she adds. Instead, treat yourself in moderation each day.
Bad Advice: Everyone Should Go Vegan or Vegetarian
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Why it's wrong: "Many people assume that switching to a vegan or vegetarian diet means they will automatically lose weight," says Tory Tedrow, R.D., C.N.S.C, head nutritionist of SugarChecked. It's true that vegan and vegetarian diets are heavy on fruits and vegetables, but not all of the approved foods are virtuous. "There are plenty of vegan junk foods—Oreos, potato chips, Cracker Jacks, to name a few," says Tedrow. Plus, vegans and vegetarians may be prone to loading up on unhealthy carbs, like bread and pasta, to satisfy their hunger when nixing animal protein.
Bad Advice: Avoid Fruit—It's Loaded with Sugar
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Why it's wrong: Eating a cup of grapes isn't the same as grabbing a handful of Nerds. "Yes, fruit contains sugar, but it also contains fiber and vitamins and minerals, nutrients that your body needs to support weight loss," says Kara Lydon, R.D., L.D.N., R.Y.T., author of Nourish Your Namaste and The Foodie Dietitian Blog. "It's important to look at the entire nutrient package of foods when it comes to weight loss and not just focus on one single component." Certain fruits can even help with weight management: A BMJ study published earlier this year found eating high-flavonoid fruits, like apples, pears, and berries, helps with weight control.
Bad Advice: Eat 6 Meals a Day
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Why it's wrong: This weight-loss strategy challenges the three-meals-a-day concept, but it turns out it's more about what and how much you're eating rather than whether you prefer big meals or small ones. "There is simply no evidence to support this," says Michelle Dudash, R.D.N., chef and creator of Clean Eating Cooking School and author of Clean Eating for Busy Families. "While you probably will feel better and more energized if you spread three meals throughout the day and sprinkle in a couple snacks to curb a growling stomach, for normal, healthy individuals without medical conditions, there is no need to force yourself to eat six meals per day."
Bad Advice: Do a Juice Cleanse
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Why it's wrong: "You don't need to drink disgusting juice for a week and suffer through headaches and hunger to detox," says Lydon. "Our bodies are innately designed to detox—that's what the liver is for." Plus, sipping your meals for a week means you'll miss out on protein, and your body will start to break down muscle tissue, says Caroline Cederquist, M.D., metabolism and weight-loss expert and founder of BistroMD. That becomes even worse when you consider veggies turn into simple carbohydrates (sugar, essentially) when they're juiced. "So juice-fasters are losing muscle and having simple sugars as the only source of calories," Cederquist says. Which could negatively affect blood sugar, cholesterol, and triglyceride levels.
Bad Advice: Eat Whatever You Want—So Long As You Exercise
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Why it's wrong: We all want a free pass to indulge, but spending 45 minutes on the elliptical isn't going to cut it. "When it comes to weight loss, diet is king," says Tedrow. A 2014 meta-analysis published in Systematic Reviews looked at whether diet, exercise, or diet plus exercise had the greatest long-term effect on your health. Turns out, diet was a much more effective way to lose weight and fat than exercise alone, though diet plus exercise was even better. "Unfortunately, most people (and exercise machines) overestimate the number of calories burned during a workout, which gives people a false sense of 'I can eat anything,' which can actually lead to weight gain," he says.
Bad Advice: Do Whatever Worked for Your BFF
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Why it's wrong: Weight-loss tips that say everyone and anyone will benefit from avoiding a certain food or eating at certain times of the day should be warning signs, says Rachel Begun, M.S., R.D.N., nutrition expert and strategist. "We all have a unique makeup of genes, cultural and family background, medical and metabolic needs, and even a daily routine that determines the dietary pattern best suited for us," she says. A study from Arizona researchers found that even when study participants were restricted to the same number of calories, some people lost significantly more weight than others, likely due to differences in their biological makeup.
Bad Advice: Go Paleo
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Why it's wrong: Any diet that eliminates entire food groups should be a no-no, says Dina Garcia, R.D., L.D.N., dietitian-nutritionist and mindful eating coach. "There is nothing wrong with eating legumes and 100 percent whole grains," she says. "In fact, they are quite healthy and can aid in cholesterol and weight management." A meta-analysis published earlier this year found eating beans, lentils, chickpeas, and dried peas can actually aid in weight-loss efforts.
Bad Advice: Follow Beyoncé's Diet and You'll Look Like Beyoncé
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Why it's wrong: Queen Bee, who has now gone vegan, made news when she drank a potion of maple syrup, lemon juice, water, and cayenne pepper to lose weight for Dreamgirls. And while we usually praise everything she does, this weight-loss method just isn't worth the hype. "In reality, this diet is just ridiculous," says Nichola Whitehead, registered dietitian and author of Nic's Nutrition. "It's lacking in essential amino acids, essential fatty acids, fiber, vital vitamins and minerals, and calories that are needed for optimal bodily function and energy levels." You'll likely see a temporary drop in weight because you're losing glycogen and water, but it's not sustainable. You'll have to put up with extreme headaches, exhaustion, and a reduced metabolism as your body tries to conserve energy, she says.
Bad Advice: Don't Eat After 8 P.M.
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Why it's wrong: It comes down to simple math. "Eating more calories than you are burning will lead to weight gain, not the time of day when those calories are consumed," says Lauren Simmons, R.D., of Core Dynamics. In other words, if you get caught up at work and don't have a chance to sit down for dinner until 9 p.m., don't sweat it. "Just try to make the last meal of the day a balanced one with healthy proteins, fats, and carbohydrates," Simmons suggests. (These late-night snacks are a healthy choice that won't wreck the day's progress.)
Bad Advice: Swear Off Gluten
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Why it's wrong: You'll likely lose weight when you eliminate gluten-laden cakes, cookies, and bread, but it's probably the result of slashing calories rather than gluten, says Jennifer Christman, R.D.N., L.D.N., a corporate dietitian for Medifast. If you don't have a real gluten intolerance or celiac disease, you're teaching your body to forget how to process gluten. "The reality is the human body has been processing gluten for centuries and if you stop eating it, you could be missing out on whole grains that have been shown to benefit your health," she says. (Essentially, stop feeling guilty about eating bread!)
Bad Advice: Don't Snack Between Meals
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Why it's wrong: Snacking can actually keep you on track and prevent blood sugar roller coasters that leave you hangry, says Cassie Bjork, R.D., L.D., of Dietitian Cassie. "When you don't snack, your body learns to live in 'starvation mode,' and your metabolism slows down as your body adjusts and compensates," she says. "Your body then hangs onto extra energy at meals by turning it into fat because it's expecting that it will need that fat in case you don't eat for a while." Just choose your snacks wisely: A mix of protein, healthy fat, and vegetable and fruit carbohydrates every few hours will keep your metabolism running, Bjork says.


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CD Projekt Red Confirms Work On A New Witcher Game
Polish gaming powerhouse CD Projekt confirmed that it has no plans of sitting idle after finishing work on its magnum opus and the year’s most anticipated game, Cyberpunk 2077. In an interview with journalists, CD Projekt president Adam Kiciński announced that the company will begin work on the next chapter in The Witcher franchise. Kiciński wouldn’t take names or call the game “The Witcher 4,” but simply that the game will be set in the fictional universe by Andrzej Sapkowski. Kiciński stated that a small team within CDPR will be tasked with preparatory work on this game, while larger teams will focus on DLCs and content additions for Cyberpunk 2077 over an extended period of time.
CD PROJEKT Red also explained that all of its upcoming games are going to take place in either the world of The Witcher or Cyberpunk. He all but outright stating it would be a new Witcher game. It will be a single-player game, which a small team will begin development on while other teams work on multiplayer and other additions for Cyberpunk 2077. CD PROJEKT Red estimates it will take around four years to develop. According to Eurogamer.pl, this game will not be called The Witcher 4.
This announcement isn’t too surprising, as CD PROJEKT has previously talked about how The Witcher and Cyberpunk were equally important IPs moving forward, as the company aims to go into “dual-franchise” mode. Recently, CD PROJEKT Red explained that it had strengthened its relationship with Andrej Sapkowski, the author of The Witcher books the games build on. Kiciński further explained that “You could risk saying that there was a 180-degree turn and we cemented our relationship with Mr. Sapkowski, not only on paper. We work together.”
Kiciński added that all current and future CDPR games are set to be based in either the worlds of Cyberpunk or The Witcher. Though naturally, if for some reason Cyberpunk 2077 was to bomb (and I don’t think any of us expect it to), that could change. Whatever we’ve seen of the game so far has looked pretty darn good, and we expect to see more of it still before the game’s release in September.
The Witcher is kind of a big deal right now, basically. So it makes sense that CD Projekt Red would come back for more – despite kind of wrapping up the story of the witcher of the series’ title, Geralt of Rivia, at the end of Wild Hunt’s DLC expansion, Blood and Wine. What the studio won’t be doing, though, is cracking on with whatever the next Witcher game is before it has Cyberpunk 2077 finished and out the door.
CD Projekt Red’s Cyberpunk 2077 has been a long time coming, having been announced in May 2012 and finally releasing on September 17 this year, after a few notable delays. It’s a huge game, with an awesome amount of hype around it, and massive expectations on its shoulders. Hopefully it delivers on most of what it’s been promising for several years now.
CD Projekt Red has skyrocketed to become the second-most valuable game company in Europe, now worth over $8 billion. This is due in part to the relatively unexpected and explosive popularity of the Netflix original television show, The Witcher, which not only found success with TV audiences but also drove an influx of new interest towards the games. Additionally, The Witcher 3: Wild Hunt was recently ported to the Nintendo Switch and has received popular updates including cross-platform cloud saves and graphical tweaks.
Experiences such as the ones developed by CD Projekt Red are few and far between. The studio painstakingly constructs massive worlds brimming with deep, interconnected stories. The development cycles they undertake are not for the faint of heart, Cyberpunk 2077 being a prime example, but their games showcase just how much effort the company invests in their craft and their fans. CD Projekt Red doesn’t seem to be giving up any time soon, and players can likely look forward to a new, next-gen The Witcher game in the future.


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The dilemma of marketers in India – whether or not to put money in the digital medium – and their concerns on return on investment on online advertising may just end with the launch of Nielsen’s online measurement abilities, called the ‘Online Campaign Rating (OCR)’ solution, in India soon.
Sharing the news with exchange4media at the Microsoft Rich Media Rock 2012 event held in New Delhi, Farshad Family, Managing Director, Nielsen Media, India, said, “We would be getting into the beta testing mode before we launch the solution this year.”
Nielsen Online Campaign rating is a tool that helps advertisers measure digital advertising better. It provides reach, frequency, demographic for each individual campaign run by a brand making use of a Nielsen tag. The product was launched globally in August 2011, providing the first-ever Media Rating Council (MRC) accredited GRP for online advertising campaigns of any size with metrics similar to those used for TV advertising, enabling cross-media planning and analysis. The solution also provides a measure of breakthrough for web campaigns for a more complete view of campaign performance, including how much of the total audience actually recalled the ad.
Talking about the launch of the solution in India, Family shared that the company was already in talks with leading advertisers to test OCR. The responses would be then analysed to begin a beta test before bringing the product to India. It may be noted that Unilever, one of the world’s leading consumer goods companies, has announced an agreement for the use of Nielsen Online Campaign Ratings reach, frequency and gross rating point (GRP) measurement for all Unilever brand Internet ad campaigns in the US for 2012.
Online advertising still forms a very small pie of the total marketing and advertising budget of major brands in India. Talking about the need for such a measurement tool, Family said, “Advertisers have held themselves back from spending more money in digital. One of the major reasons for that is lack of measurement that speaks the same language as measurement in other platforms. Marketers are used to GRPs, frequency, reach - they are very used to getting demographic information for the advertising that they buy, and that was not happening in digital. Another reason is that even when people were talking about digital, they were talking about click through rates, unique visitors and this language is foreign to many advertisers. So there was need for a metric that appealed to the advertisers.”
With a view to making OCR a benchmark in online advertising measurement, Family shares Nielsen’s vision for the product going forward, highlighting mobile screen measurement as the immediate priority. Watch the Video:


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Myvu has announced that its Crystal video goggles now work with the iPhone using a new Apple-certified cable.
Myvu Crystal video eyewear is designed to let you watch video from an iPod, portable DVD player or portable media player in privacy. The device, which costs $299, features 640 x 480 pixel resolution, solid optics, earbuds designed by Ultimate Ears, and a rechargeable battery that lasts for up to four hours of continuous play.
The new cable, expected to ship in Australia soon, has been iPhone-compatible, certified by Apple as part of its “Works with iPhone” program. Myvu claims that the Crystal is the first video eyewear product to receive the “Works with iPhone” certification.
Myvu Crystal is available in four models including black and amber.


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Here's How Hudson's Bay Company is Reinventing Itself as a Digital Institution
brought to you by WBR Insights
Even in 2018, many companies are still finding new ways to diversify during their digital transformation, and long-time retail giant the Hudson's Bay Company is no different.
The Hudson's Bay Company began life in London, England, almost 350 years ago in 1670. Originally coming to Canadian shores as part of the fur trade, the company expanded rapidly, establishing six trading posts in the region by 1717. In signing the 1869 Deed of Surrender , the Hudson's Bay Company, as the region's greatest landowner, was a key player in establishing the newly formed Dominion of Canada .
In the mid-19 th century, shopping habits changed, and people began visiting stores for pleasure rather than just necessity. The Hudson's Bay Company began selling all manner of items - from fine furs to homeware - and opening retail stores all over the country.
Today, Hudson's Bay Company is a huge multinational retailer with over 480 stores, and 66,000 employees across the globe. The company has a market cap of $1.5 billion, placing it at #250 on the Forbes Top Multinational Retailers list.
Now operating in its fourth century, the Hudson's Bay Company has had to constantly innovate to stay relevant in a shifting retail landscape.
Aiming to Do Better
As we enter 2018, the Hudson's Bay Company has not got off to the best start. Having announced 2,000 layoffs as part of an effort to cut around $350 million from its operating costs. Other big retailers such as Macy's have also found themselves in trouble during 2017, but Hudson's Bay Company is looking at digital transformation as a means of getting back on top.
Much of Hudson's Bay Company's digital transformation revolves around reorganizing its organizational structure to better facilitate its ecommerce strategy going forwards. The firm's Digital Technology Unit is being merged with IT to form a brand-new HBC Technology Group . This group will now work to integrate retail technology with ecommerce platforms and create an omnichannel center of excellence.
The marketing department will also be merged, so the digital and retail marketing teams are no longer operating independently, but instead working together to ensure a cohesiveness and congruence of message across all of the company's touch points - both physical and digital.
Finally, digital operations functions will be rolled into the new Hudson's Bay Company's logistics and supply chain center of excellence. This newly formed department will be charged with improving efficiencies and generating cost savings in digital, in addition to improving customer service.
"The company is fully integrating HBC digital throughout the business, so that strategic decisions are made holistically around a seamless in-store and online shopping experience, further supporting HBC's all-channel retail model in the future," said Gerald Storch , CEO of retail institution Hudson's Bay Company. "As a result of this change, the digital strategy for each banner will be even more tightly integrated into the banners' overall strategy and direction."
Saks Fifth Avenue
Luxury brand Saks Fifth Avenue , is owned by Hudson's Bay Company and represents the company's most successful digital enterprise and an area where it's looking to expand further in 2018 with innovative digital technology.
"What we're really working on is making sure that we've got that link between the salesperson and the sale online, that we don't lose that in the process of digital growth at Saks and the luxury business," said Storch. "We're doing that through things like Salesfloor and the widget you see on the website, ways that we integrate the personal selling with the internet, so it just becomes one more tool for the selling associate to use and just one more way in which the customer interacts with their salespersons by using the internet."
Another way Hudson's Bay Company is looking to enhance its digital transformation is by porting technology from recent acquisition, Gilt , and using it to further boost Saks Fifth Avenue. Gilt's superb mobile app technology has enabled Hudson's Bay Company to improve the digital presence of its most profitable brand.
"Download the saks.com app from the Apple store," continued Storch. "This app continues to fly and exceed expectations. That app is blowing away any expectations I've ever had for what a retail app should be able to do in business. And that's because of the technology with Gilt and the ideas from the Gilt team and from the programmers from Gilt, who have taken a hold of that app and turned it into something very popular. Last week it was for the second time, on the Apple homepage, on the App Store homepage, as one of their favorite apps for the innovation that's there."
Hudson's Bay Company has been around for a long time, and, despite recent issues, is making all the right moves regarding its digital transformation to ensure it'll be around for a good while longer yet.
The final word goes to Hudson's Bay Company's Executive Chairman, Richard Baker .
"At this critical moment of change in the retail industry, I believe in the future of our all-channel model as we adapt to meet the evolving needs of our customers."
You can hear the Hudson's Bay Company's Vice President for Marketing in North America, Rochelle Ezekiel, speak at eTail Canada 2018 in May, at the Hyatt Regency, Toronto, ON.
Download the agenda today for more information and insights.


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Undoubtedly on Tuesday apple is going to reward app developers as widely expected, they announced the iPhone 6 release. An addition feature for the availability of iOS 8 is going to flood smartphones users and with a new OS.
The benefit of recent builds Xcode allows developers to test applications at any screen resolution. Since, Apple has not given any details on the advance screen resolutions of iPhone 6, but they are certifying developers to be focused on building applications which would work on different variety of screen sizes.
For a new experience of latest launch OS users must look at iOS 8.
No matter what would be the screen size coz the new hardware should not be as complicated as to adapt code if code is being written with Apple’s GUI libraries.


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Marketing & Media trends
- Creative intelligence group, ADNA (Audience DNA) is expanding into Africa with their new regional headquarters in Cape Town. The agency officially launched here in January this year with a full-service team including data, creative and strategic consultancy, consumer and market insights.
- Much like its iconic advert 'it's not inside, it's on top' which portrayed an insightful observation of people's responses from all races, ages and genders; Nestlé Cremora, a local favourite coffee and tea creamer, remains an unforgettable brand, more so in light of its strong heritage with South African consumers.
- Telkom has announced that Serame Taukobong, the company's current CEO of the Telkom Consumer Business and a group executive committee member, has been appointed as its new group CEO, effective 1 October. Taukobong will take up the position on 1 July 2022.
Boost for local champion bringing innovative, local and trusted battery storage solutions for African energy needsEdge Growth
- The Construction Industry Development Board (CIDB) has announced the passing of its CEO, Cyril Vuyani Gamede, who died at the age of 58 on 1 August.
- Astron Energy has announced the details of rebranding Caltex stations across South Africa and Botswana.


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- BMW sees new opportunities in artificial intelligence
- The week’s spotlight fell on BMW’s 100th birthday celebration and on the new and highly visionary BMW VISION NEXT 100 concept.
- Krueger says BMW’s Vision Next 100 self-driving concept already showcases such advances.
- Home / News / BMW sees new opportunities in artificial
- “The companion in the Vision Next 100 car is just that: a real companion that gets to know you as a person and responds to you as an individual,” Krueger said.
Read the full article, click here.
@bmwblog: “BMW sees new opportunities in … – #BMWVISIONNEXT100Concept #HaraldKrueger”
BMW is hiring experts in machine learning and artificial intelligence as it develops the Vision Next 100 into a flagship production model due to launch in 2021
BMW sees new opportunities in artificial intelligence


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Yesterday Google introduced the so-called +1 button. It is Google’s attempt to create its own social annotation so that it can improve on search, recommendation, and targeted advertising. For now, the +1 button is put right...
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How long has it been since you checked your credit score?
One in three Americans checked their credit score in the last 7 days.
Getting your finances in order is always at the top of money-related New Year’s resolutions, and one way of making sure you’re on track is knowing what’s happening with your credit score — something which one in three (36%) Americans surveyed as part of Finder’s Consumer Confidence Index say they’ve done in the past week, with 12% of those saying they’ve checked their score in the last 24 hours.
The majority of those surveyed say they’ve been keeping track of their score, with only 11% saying it’s been a year or more since they’d last checked their score and 8% saying they’ve never checked their score. And while it’s nice to see people eager to track their score, your credit score updates monthly, so you may only need to review it once a month.
Men slightly more likely than women to frequently check credit score
Men (37%) are slightly more likely to say they’ve checked their credit score in the last week compared to women (34%). Inversely, women (12%) are slightly more likely than men (9%) to have not checked their scores in the last year.
Gen Z staying on top of their credit
Close to half of Gen Z (45%) say that they checked their credit score in the last week. However, 14% of Gen Z also say they’ve never checked their credit history.
It’s been more than a year since 15% in the West checked their credit score
Roughly 37% of those both in the South and in the Northeast claim to have checked their credit report in the last seven days. One in seven (15%) of those in the West say they haven’t looked at their score in over a year.
About a third claim to have a very good or excellent credit score
Close to one in three (31%) of those surveyed say their credit score is between 740 and 849, meaning they have either a very good or excellent credit score. On top of that, 5% of those surveyed claim to have a perfect credit score of 850. Some 7% of those who have checked their score in the past don’t actually know what their credit score is.
Men report having higher credit scores than women
Over a third (36%) of men say they have a credit score of between 740 and 849, compared to about a quarter (26%) of women. Also, almost 1 in 10 women (9%) say they don’t know their score, which is four percentage points higher than men (5%).
Boomers have the best credit
A combined 70% of boomers have a credit score of 740 or higher, with 61% saying their score is between 740 and 849 and 9% claiming to have perfect scores of 850. At the other end of the spectrum is Gen Y, with 73% saying they have scores of under 740.
Two-thirds of Southerners have scores below 740
Roughly 66% of people in the South say their score is under 740, while 10% of those in the West say they don’t know their score.
For all media inquiries, please contact:
Chelsea Wells-Barrett, PR, Media Relations and Communications
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What hosting companies are doing
What are hosting companies doing to protect the online presence of the tens of millions of small businesses while they unsuspectingly go about their business of making pizza, preparing legal briefs, or manufacturing widgets? Todd Redfoot, Chief Information Security Officer (CISO) at Go Daddy, says the hosting company watches the security of its own website, as well as the security of every hosting customer.
"We monitor what's going on out there in the world because we have to assume, from a security perspective, even if it's not happening here yet it's probably about to." When the security response team discovers that a client site is at risk they will proactively notify them, often before the customer is aware that they have suddenly become a target.
In addition, Go Daddy and other large hosting providers have teamed up to form the Hosting Security Forum with vendors sharing sightings. Members include Media Temple, Lunar Pages, Network Solutions, WordPress, Trend Micro, DreamHost, DemandMedia, Go Daddy, Blue Host and Parallels. The Forum increases the number of eyes-on-the-net, dramatically increasing the ability to identify cyber threats.
Redfoot also recommends that SMBs pay attention to password security. He recommends that passwords should be difficult to guess and not in the dictionary. Ideally a combination of upper and lower case letters, numbers, and special characters should be used. And, change your passwords regularly.
What if your SMB is attacked?
So, what do you do when your SMB is robbed through a cyberattack? Burch says to call your local police and ask for cybercrimes. "Law enforcement is becoming very sophisticated about cybercrime. They are organizing, they are investing in their own IT systems, and they are linking together local and national centers like DHS and FBI." To learn more about how small and midsized business can step up their security visit the Department of Homeland Security's Stop.Think.Connect website.
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Blake Lively debuts Betty Buzz video campaign
Gossip Girl star Blake Lively has released the first video commercial for sparkling mixer brand Betty Buzz.
The US actress unveiled her range of low-calorie mixers in September 2021, having spent three years working on the range.
Lively’s 30-second spot for the brand premiered on social media and on TV yesterday (21 April). It features the actress talking about the brand’s notable level of carbonation.
Lively pours from a bottle of Betty Buzz while surrounded by a cloud of bubbles, allowing consumers to see the high carbonation levels that reside within each bottle of Betty Buzz. She then signs off the commercial saying: “There can never be too many bubbles.”
The five Betty Buzz flavours comprise: Tonic Water, Sparking Grapefruit, Meyer Lemon Club Soda, Sparkling Lemon Lime, and Ginger Beer. Each can make two drinks when mixed with any spirit.
The beverages are made with ‘real’ juice and ‘natural’ flavours, and are free from artificial colours and sweeteners.
Packaged in 266ml eco-friendly glass bottles, the brand pays homage to Lively’s late father, Ernie, who inspired her to name the line after her grandmother and aunt, who were both known as Betty.
Lively’s husband, Canadian actor Ryan Reynolds, is the co-owner of Aviation American Gin, which was acquired by Diageo in 2020. Reynolds is no stranger to video ads himself, having recently created an airline spoof safety video to mark the partnership with British Airways.
Last autumn, Betty Buzz was brought together on a cocktail menu with Aviation Gin at the British Airways John F Kennedy International Airport Lounge in New York City, US.
Betty Buzz is currently available in stores across the US and online at bettybuzz.com.
A variety pack of 12 is priced at RRP US$29.99.


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Future phones 'will sense your mood'
Thursday 16 September 2010
Ultra-smartphones that react to your moods and televisions that can tell it's you who's watching are in your future as Intel Corp's top technology guru sets his sights on context-aware computing.
Chief technology officer Justin Rattner stuffed sensors down his socks at the annual Intel Develop Forum in San Francisco on Wednesday to demonstrate how personal devices will one day offer advice that goes way beyond local restaurants and new songs to download.
"How can we change the relationship so we think of these devices not as devices but as assistants or even companions?" he asked.
Handheld devices could combine already common geographic location technology with data from microphones, cameras, heart and body monitors and even brain scans to offer their owners advice that today only a friend or relative could give.
"Imagine a device that uses a variety of sensory modalities to determine what you are doing at an instant, from being asleep in your bed to being out for a run with a friend," Rattner said. "Future devices will constantly learn about who you are, how you live, work and play."
Rattner also demonstrated a television remote control that figures out who is holding it based on how it is held, and then learns the viewer's entertainment preferences.
The world leader for decades in microchips for servers and desktop computers, Intel is hurrying to catch up in the lucrative market for smartphones like Apple's iPhone and Research in Motion's Blackberry.
Telephones with email, global positioning and media players are pointing the way to a future where ever more functions are packed into ever smaller mobile devices.
The smartphone industry, including technology giants like LG and Samsung, is likely to sell 270 million phones this year and grow 25 per cent in 2011, according to market research company IDC.
"I think you can expect to see features that support context-aware computing starting to appear in Intel products in the not-too-distant future," Rattner said.
But analysts say Intel faces an uphill battle getting its microchips into new phones as Nvidia, Marvell and Qualcomm have already made headway with cheap, lower-power processors based on designs by ARM Holdings.
Rattner conceded that questions about privacy and people's willingness to be intimate with their computers will have to be resolved before the future generation of smartphones he described takes off.
"If you think identity threat is a problem today, imagine when your whole context is readily available on the Net," he said.
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