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Australia is in the midst of a small business creation boom, with record numbers of new tech-enabled enterprises launched as salary earners rethink their careers in the wake of COVID.
The number of new business registrations has grown from 225,000 in 2019 to over 300,000 in 2021, a rise of 34 per cent, according to a report commissioned by cloud-accounting platform Xero, Where Opportunity Lies.
“The rise of the gig economy, digital ways of working and also favourable business lending have created the conditions for budding entrepreneurs to take the plunge,” says Joseph Lyons, Managing Director - Australia & Asia, Xero.
Created with Accenture, the report covers trends in small business creation, reflecting on the past couple of years and the industries and regions which have seen the largest growth. Amit Singh, Managing Director of Accenture Australia, believes Australia is undergoing a fundamental shift in the number of people who want to be their own boss and run their own business.
“In many ways, the pandemic has basically caused people to reassess their work and their careers and think about the implications of job certainty and how much control they have over their work.”
New technology that makes it easier to start and register a business, manage finances and engage with customers online has also propelled the small business boom. There are apps for everything from building a website to rostering staff, allowing entrepreneurs to quickly build a technology stack for their business needs.
Singh believes that while COVID sped up the trend to more small business creation, the uptick represents a structural change.
The report estimates that in the next decade, 3.5 million small businesses will be registered by aspiring entrepreneurs, but this could be as high as 4.2 million businesses if growth continues to surge.
These businesses will contribute over $60 billion per year in value added to the Australian economy by 2031 and will support up to 1 million jobs, around 6 per cent of the nationwide labour market.
The profile of entrepreneurs is also shifting away from the middle-aged men with established careers who traditionally started their own business.
The latest wave of entrepreneurs are younger (45 per cent are aged under 35) and more culturally diverse (37 per cent were born overseas).
The number of female entrepreneurs is also on the rise. Women now represent 36 per cent of small business owners, compared with 31 per cent in 2001.
Rowi Singh is one such entrepreneur. She launched her online make up business, Embellish, earlier this month. Her business sells make-up face accessories, such as multi-coloured gems and pearls, that are all self-adhesive and reusable.
While the 27-year-old Sydneysider had always had the ambition of launching her own business, actually doing so was “incredibly nerve-racking”.
“The thought of running a business and all the ins and outs, from shipping logistics to the operations and marketing, and accounting was overwhelming,” she says.
“In order to make this an easy process and for me to understand it, I need all the apps, all the help that I can get, with platforms that make it simple and easy to understand, because that’s not my forte.”
Taking the digital plunge
Singh focusses on the creative side of the business and promoting her products. Social media platforms, including Facebook and Instagram, are the “driving force” behind Embellish.
“It allows me to reach an international audience. Picking up on trends through social media and using the platforms to push my brand has been incredibly useful,” she says.
She leaves the numbers to accounting software platform Xero, which she can share with her accountant to keep an eye on things.
She has done a soft launch of the business and will save heavy paid promotions for later, but even so, she already has sold out her first product release.
Singh is not alone in relying on technology to grow her business.
Xero’s Where Opportunity Lies report finds that 72 per cent of small businesses founded in the last two years say that technology plays either an essential or important role in their business operations, compared with only 56 per cent of those founded 10 or more years ago.
Lyons says there are many new opportunities for entrepreneurs in Australia.
“Widespread digitalisation and the increased use of technology has very much decentralised many workplaces and also creates and unlocks opportunities for work in regional centres as well.”
“Successful businesses are those that have a strong partnership with their accountants and bookkeepers and can talk from the same set of numbers and make informed decisions based on financial inputs,” Lyons says.
“These small business owners have control of the operations of their business and what’s actually going on.”
The surge in new business registrations has been driven by the healthcare sector, with a 51 per cent increase in 2021 compared with 2019, and by retail trade, up 49 per cent.
The report predicts the biggest drivers of small business growth over the next decade will be the construction and professional services sectors.
Access Xero’s Where Opportunity Lies report here.
Sponsored by Xero
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SAN FRANCISCO, February 4, 2021 / PRNewswire / – Varo, America’s first fully digital bank, today unveiled a new brand identity and groundbreaking new campaign – “One Bank for Us All” – as part of its first multi-million dollar integrated brand launch on television, radio and abroad in the United States. The first television spots will be broadcast on February 7, 2021, during the Super Bowl, in select markets.
Varo’s new brand campaign is anchored in the company’s purpose and ambition: financial opportunity and inclusion for all. The launch phase of the One Bank for Us All campaign reinvents money and puts modern American consumers at the heart of it. The campaign highlights the diversity inherent in our communities and features a range of American faces – front and center – on a reimagined $ 20 bill. The campaign signals Varo’s support for a new impetus to put Harriet tubman on the face of the $ 20.
“Varo believes that when people have a healthier relationship with their money, it leads to a healthier relationship with themselves and with everyone who is closest to them,” said Halle Hutchison, Chief Brand manager in Varo. “The Varo experience begins with inclusion – and our new campaign seeks to highlight the people and communities often under-represented in financial services.”
Bank Varo is designed for the millions of Americans left behind by traditional banks, combining the affordability and affordability of a fintech app with the strength and breadth of a bank’s services. Varo challenges long-held banking industry standards by removing barriers to entry, including offering bank accounts with no credit checks, no monthly fees, and no minimum balance fees. Varo doesn’t charge punitive fees, like overdraft fees, and instead offers free, low-cost cash advances to qualifying direct deposit customers, to help their money work harder for them.
“We are delighted to launch our brand at a time of renewed hope and commitment to chart a new course for our country,” said Colin Walsh, Founder and CEO of Varo. “Varo is unique among national banks and fintechs combined – we are inclusive, accessible and designed around the lifestyle of our customers. We are committed to working with our customers and our communities to deliver on our promise: “One bank for us all. ‘”
Hutchison continued, “The visual and verbal provocations of long-standing financial conventions are at the heart of the One Bank for Us All campaign. By challenging the status quo and asking questions that are extremely relevant to our culture, in this moment, the campaign elevates the American consumer to a position of power. “
The continued impact of the pandemic made Varo’s mission even more relevant. The most financially vulnerable, and people of color in particular, bear the brunt of the most negative impacts. An internal study of Varo customers shows that 77% of customers have dipped into their emergency savings in the past five months to cover a surprise expense or to deal with the ongoing fallout from the COVID crisis.
As the campaign evolves, Varo will be honored to showcase its own customers and their personal stories to increase visibility and raise awareness of the vast majority of Americans who have been left behind or underserved by the traditional banking sector.
The campaign was created in partnership with an advertising agency ServicePlanNY, media agency Mindstream Media Ggroup and production company Learned, and features images from a renowned photographer Stefan Ruiz.
About Bank Varo, N / A
Bank Varo is on a mission to make financial inclusion and opportunity a reality for everyone – by giving people the products and support they need to build healthy financial habits and take charge of their finances. Bank Varo offers customers premium bank accounts with no minimum balances or monthly account fees, high interest savings accounts, and cutting edge features to help people save and manage their money effortlessly. Bank Varo is the first consumer fintech to be granted a national banking charter by the Office of the Comptroller of the Currency. For more information visit www.varomoney.com, like Bank Varo on Facebook, and follow us on Instagram and Twitter @varomoney. FDIC member.
Contact: Consort Partners for Varo Bank, [email protected]
SOURCE Bank Varo

domain: news


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The Federal Government has released the third in the series of annual reports on the performance of Australia’s National Innovation System.
It discusses trends in innovation in Australia and benchmarks Australia’s innovation performance against other Organisation for Economic Co-operation and Development (OECD) countries.
The theme of this year’s report is productivity. The report states that the adoption or modification of an already existing technology is innovation if it is new to that business.
It may not be pushing the boundaries of what is possible for Australia and the world but it can, in aggregate, lift productivity.
This report argues that long term productivity growth is driven by innovation with innovative businesses nearly twice as likely to report an increase in productivity compared with the previous year when averaged across all business sizes.
Like compound interest, the productivity pay-off from business-level innovation and collaboration translates to the entire economy.
Productivity is not the only benefit generated by innovative businesses. Innovation-active businesses are significantly more engaged in the digital economy earning over $144 billion in internet commerce in 2010-11 collectively, more than three times that of non-innovators.
Innovation encourages a more connected and skilled economy with greater market diversity and consumer choice. Compared to businesses that don’t innovate, innovative Australian businesses are also:
- 42% more likely to report increased profitability;
- Three times more likely to export and eighteen times more likely to increase the number of export markets targeted;
- Four times more likely to increase the range of goods or services offered;
- More than twice as likely to increase employment;
- More than three times more likely to increase training for employees; and
- More than three times more likely to increase social contributions such as community enhancement projects
The innovation performance of Australian businesses is poor by international standards. This is especially stark for large Australian businesses who rank almost last in the OECD on innovation.
Small to medium-sized enterprises (SMEs) face higher barriers to innovation and accordingly innovate and collaborate less often.
The evidence presented in the report gives a picture of Australia as a fast-follower country. Australia is not one of the leading countries in terms of competitiveness or high proportions of new-to-the-world innovations.
Although investments in innovation (estimated as investments in intangible capital) is growing rapidly, Australia still tends to invest considerably more in adopting and modifying the innovations of others rather than investing in more novel forms of innovation.
Limited access to either skilled people or additional funds remain the two most common perceived external barriers to innovation.
Lack of skilled people has been the highest single reported barrier to innovation in Australian businesses in recent years.
The data shown in this report suggests that Australian business management capability and innovation culture is poor by international standards and may be a factor in the current productivity slowdown.
Despite the significant benefits of collaboration, Australian businesses of all sizes remain poor collaborators by international standards.
Collaboration of all types is poor, including research-industry collaboration and international collaboration.


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17 Feb 2017 – Nicolas Sartini, CEO of APL & VP of French Maritime Cluster Committee in Singapore (FMCCS) and his team welcomed members of the French Chamber’s FMCCS, on 17 February 2017, on a journey into the container shipping world.
APL, along with its parent company CMA CGM, is the world’s third-largest container transportation and shipping company.
On June 2016, CMA CGM and PSA Singapore Terminals announced a new joint venture, CMA CGM-PSA Lion Terminal, for the operation of four berths at Singapore’s Pasir Panjang Terminal Phase 3 and 4. The agreement will allow CMA CGM, NOL and the CMA-backed Ocean Alliance long-term access to Pasir Panjang’s newest and most modern facility.
The journey started at the PSA tower with a terminal overview presentation by PSA, followed by a presentation of APL.
The visit continued with Captain Atheemulam and Chief Engineer Mykola and their team, together with Fleet Management Officers (Shaj Thayil, Alexandre Wattinne, Yi Shou GU) who presented the container boarding operation room, the control room, the office quarters and the engine room of the container ship APL Columbus de 9200 teus.
The last stop of the visit was to the Lion Terminal control room, where all the automated Overhead Bridge Cranes are controlled.
For more French Chamber Maritime events, visit http://www.fccsingapore.com/committees/French-Maritime-Cluster


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SVP - Marketing and Communications
VP - Investor Relations
Alpharetta, GA., February 12, 2002 - The board of directors of Certegy Inc., (NYSE:CEY), today elected Lee A. Kennedy as chairman of the board of directors. Kennedy, 51, will also continue as president and chief executive officer.
"The election of Lee as chairman is part of the succession plan put in place when I agreed to serve as chairman for a one-year period following the spin-off from Equifax last year," said Tom Chapman, chairman and CEO of Equifax. Chapman will continue to serve on the board until his term expires in May 2002.
"Lee and his team are focused on growth and maximizing shareholder value. I am most confident about the future of Certegy," said Chapman.
"We deeply appreciate the contributions Tom has made to Certegy," said Kennedy. "His dedication and vision have guided us since our inception and positioned us for continued success as a company."
# # #
Certegy (NYSE:CEY) provides credit, debit and merchant card processing, e-banking, check risk management and check cashing services to over 6,000 financial institutions, 175,000 retailers and 140 million consumers worldwide. Headquartered in Alpharetta, Georgia, Certegy maintains a strong global presence with operations in the United States, Canada, United Kingdom, Ireland, France, Chile, Brazil, Australia and New Zealand. As a leading payment services provider, Certegy offers a comprehensive range of transaction processing services, credit risk management solutions and integrated customer support programs which facilitate the exchange of business and consumer payments. Certegy employs over 6,100 associates in nine countries and generated $851 million in revenue in 2001. For more information on Certegy, please visit www.certegy.com.


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Bulgaria's Business Climate Sees Slight Decrease Febr 2012Business | February 28, 2012, Tuesday // 13:14| views
Bulgaria's total business climate index has registered a 2.4% decrease in February 2012 as compared with the previous month, according to the country's National Statistical Institute.
Bulgaria's total business climate index has registered a 2,4% decrease in February 2012 as compared with the previous month, according to the country's National Statistical Institute.
A worsening business climate has been observed in the Bulgarian construction, retail trade and service sectors.
The business climate in industry has preserved its level from the previous months despite a decrease in production activity. The main factor limiting the activity of the enterprises remains the uncertain economic environment, even though its negative impact has decreased over the last month.
In February, Bulgaria's business climate in the construction sector decreased by 2.3% as compared with January. The uncertain economic environment and financial problems continue to be the main factors limiting the activity in the construction branch, followed by insufficient demand. Construction activity forecasts for the next 3 months are more favorable.
The business climate in retail trade decreased by 1.9% in February. However, retailers have expressed optimism in their prognosis for the next three months.
February saw a 7.6% decrease in Bulgaria's service sector business climate. The Institute's survey shows a decreased demand for services over the last 3 months and relatively moderate expectations for the next 3 months
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!


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Betty Boop - Popeye – Jean Paul Gaultier
King Features and fashion and design label Jean Paul Gaultier are partnering to launch two new Eaux Fraîches fragrance designs that feature the characters Popeye and Betty Boop. King Features’ French licensing agent Biplano brokered the deal.
Jean Paul Gaultier has created two character-based label designs for the fragrance Classique, which will include Betty Boop on the packaging, and Le Mâle, which will include Popeye on its classic tin packaging.
To build momentum ahead of the new scent launch and drive awareness, Jean Paul Gaultier also posted digital teasers throughout Paris Fashion Week (taking place in March) on social media and posters.
The fragrances will launch exclusively in France at the Nocibé and Marionnaud perfumery chains on March 15th 2015. An online and worldwide release will follow in April/May.
“We are thrilled to partner with such a creative talent,” says Cathleen Titus, vice president, international licensing, King Features. “Jean Paul Gaultier truly understands our characters’ DNA and how to translate that into pitch perfect design.”


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If you own one of the nearly 16 million vehicles with potentially faulty Takata air bags, you could be owed up to $500 as part of a consumer settlement with four automakers.
Toyota, BMW, Subaru and Mazda have agreed to pay a total of $553 million to settle a class-action lawsuit seeking compensation for drivers whose vehicles were outfitted with the defective air bags, reports USA Today.
If a federal judge approves the deal, Toyota will fork over $278.5 million, BMW owes $131 million, Mazda $75.8 million and Subaru $68.3 million.
An estimated 15.8 million vehicles are covered by the settlement, which calls for “reimbursing current and former car owners and lessees for costs they incurred for renting or buying replacement vehicles while waiting for those with defective airbags to be fixed,” says The New York Times.
Japanese auto parts company Takata Corp.’s faulty air bags — which can potentially explode upon impact — are linked to 11 deaths and more than 180 injuries in the U.S., according to the Times.
CNN Money says potential problems with the air bags were identified more than eight years ago. Fast-forward to today, and the air bags have been replaced in fewer than one-fifth of impacted cars from BMW and Mazda and less than one-third of impacted Subaru and Toyota cars, the Times reports.
Some of the settlement money will be used to encourage people whose cars are equipped with the faulty air bags to get their vehicle into a dealership for necessary repairs. Peter Prieto, a partner at the law firm Podhurst Orseck, who served as the lead counsel in the class-action case, says in a statement:
“This agreement achieves our goals of educating consumers about the urgent need to have their recall remedies completed while providing them compensation for their economic losses.”
Vehicle owners will be notified once the settlement is approved by a federal judge, says USA Today. Although other automakers like Ford, GM, Honda and Nissan also are affected by the Takata air bag recall, they did not agree to this settlement
Did you have a vehicle impacted by the massive Takata air bag recall? Share your experiences below or on Facebook.


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American logistics giant UPS delivered a blockchain-verified beef shipment from the U.S. to Japan
Source: UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan
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I was surfing the Web recently and ran across an article about a study that related to post-menopausal women and the difficulty they have with long-term weight loss. As a woman who is nearing that point, and as one who is trying to eat healthy and keep weight off, I was intrigued, so I continued reading.
The study, published in the September issue of Journal of the Academy of Nutrition and Dietetics, looked at 508 overweight, post-menopausal women and the researchers wanted to see if changes in eating behaviors and selected foods were associated with weight loss at six and 48 months. The women were randomly divided into two groups.
One group met regularly with nutritionists, exercise physiologists and psychologists throughout the study with the goal of reducing fats and caloric intake; increasing consumption of fruits, vegetables and whole grains; and participating in regular exercise. The other group was offered seminars by health professionals on general women’s health, but not specific weight loss information.
Some of the results of the study are not all that surprising. First, eating habits associated with weight loss at both six months and four years included eating less fried food and dessert, and drinking fewer sugar-sweetened beverages. But also at four years, the researchers saw that eating more fruits and vegetables and less meat and cheese became important predictors of long-term weight loss.
One of the doctors involved in the study says that relying only on limiting fried foods, desserts and sugar-sweetened drinks may not be sustainable for the long term, but adding fruits and vegetables and limiting meat and cheese isn’t as hard to incorporate into one’s eating habits. Thus, making these small changes may give you better long-term weight-loss results.
As a woman of a certain age, I get that things change as we get older. We tend to be a little less active and with hormonal changes, many of us face the challenges of weight gain and trying to lose it, so if I can make a relatively easy change that could help keep weight off I am willing to try it.
So, more fruits and vegetables with my meals? Yes, please.


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Friday, 02 February 2018 10:38
Croatian NOA N10 is another bezel less notched
iPhone X looking Helio P23
Croatian company NOA is getting ready for MWC 2018 and it pre-announced its NOA N10 phone g 6.2-inch FHD+ INCELL screen with 4 GB RAM and 64 GB.
Thursday, 28 September 2017 16:06
Mediatek announces new entry-level MT6739 chipset
Says Helio P23 is coming to India
At the India Mobile Congress 2017, held in New Delhi, Mediatek has unveiled its newest entry-level MT6739 chipset based on quad-core ARM Cortex-A53 design.
Tuesday, 29 August 2017 12:21
MediaTek announces Helio P23 and P30
Back to its Mid-market roots
MediaTek has just announced its latest addition to the Helio family with two new octa core Helio P23 and P30 CPUs, both at 16nm from TSMC.


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and Alex Buncombe have been confirmed to race for Nissan in the LMP1
category with the new Nissan GT-R LM NISMO LMP1 car for the 2015 World
Endurance Championship (WEC) season thus completing the 9 driver line up.
After the Marussia F1 team
went into administration, Max Chilton completed 2 seasons in Formula one has now
decided to change gears and try his hand at Le Mans. Chilton hadn’t made much
of a mark apart from his consistency in completing almost all races he competed
in Formula 1.
In 2014, Darren Cox,
Global motorsports director for Nissan had announced to Motown India that Nissan will be
competing against Audi, Porsche and Toyota in the LMP1 category at Le Mans
after their massive success of winning 1st, 2nd, 3rd,
4th, and 5th at Le Mans in the LMP2 category in 2014.
Cox also hinted that maybe
drivers from Nissan’s GT academy programme will drive for the team and in
February, Nissan did confirm that Jann Mardenborough and Lucas Ordonez, winners
of their respective seasons of the Nissan GT Academy will drive along side
Nissan regular driver Michael Krumm in the recently revealed Nissan GT-R LM NISMO
LMP1 car for the team which is a tremendous achievement in itself.
The numbers on the NISMO
Cars will be #21, #22 and #23. Buncombe will join the team for the Le Mans 24
Hours where he will race in the #21 car with Tsugio Matsuda and Lucas Ordonez.
Max Chilton will join Marc
Gene, Jann Mardenborough, Michael Krumm, Olivier Pla and Harry Tincknell for
the season-opening race at Silverstone on 12 April. The configuration of the
driver line-ups for the #22 and #23 Nissans will be announced at a later date.
Celebrating its 120th Anniversary, Royal Enfield announced the launch of a new range of limited edition helmets earlier this week. The limited range will consist of hand painted helmets designed by ar...
Sony India has introduced the new XAV-AX8100 in-car media receiver, offering new utility features, powerful sound and smart features.
ExxonMobil Lubricants Pvt Ltd launched its upgraded Mobil Super Moto range of engine oils to make it easier for people to maintain their two-wheelers in top condition. The launch comes at a time when...
In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility
talks about his company plans to enter the two and four wheeler electric vehicle space.
Motown India speaks to Woosuk Leem, Managing Director, AS Parts Division, Mobis India to get more details about the Hyundai Mobility Membership App and its advantages.
Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by...


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The government has just announced the price drop in granulated and fine granulated sugar by 10 cents per kilo starting 1 September 2018 to reduce the rising cost of living. At the same time, it is also looking at introducing a soda tax to encourage healthy living and to reduce sugar consumption. Sounds contradictory, no? Various studies have proven that sugar is the main cause of diabetes (in 2016, over 3.6 million Malaysians aged 18 and above were diabetic) and obesity. Malaysia is also the most obese country in Southeast Asia based on the Economist Intelligence Unit’s “Tackling Obesity in Asean” report.
National Diabetes Institute board member, Prof Datuk Dr Anuar Zaini Md Zain told The Star that the price control on sugar has had little impact on the nation’s diabetes statistics, adding that all food and beverages which have high sugar content should be taxed.
We spoke to a few nutritionists, and here’s what they have to say about the issue:


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Seoul Fashion Week FW20 Canceled as Coronavirus Cases Rise in South Korea
The biannual fashion week will return for SS21 in October.
Seoul Fashion Week Fall/Winter 2020 has been called off due to the recent spike of confirmed coronavirus cases in South Korea. An official representative from the Seoul Metropolitan Government in charge of the biannual fashion week told The Korea Herald:
“We have internally decided to cancel the Fall/Winter 2020 Seoul Fashion Week and will notify the concerned parties of the decision in a few days. However, we will seek ways to support and help designers in Korea by hosting other international design fairs instead.”
Despite the cancelation of the event, the official stated that Seoul Fashion Week Spring/Summer 2021 will still be held in October as planned.
Seoul Fashion Week SS20 was originally scheduled for March 17-21. A couple of local and international designers have already pulled out of the event, while a series of events have also been canceled.
In related news, did you hear that LVMH, Kering and more have donated $2.8 billion USD to fight Covid-19?


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The Municipal Executive of Bodegraven-Reeuwijk has approved the development of the De Kaashandel project. Ten partners from the cheese industry (including Noordhoek Grated Cheese) have recently emerged to implement the initiative.
The famous Bodegraven Kaasmuseum will be given a new accessible place within De Kaashandel. There will also be a tourist information point. Together, they will work to provide a hospitable welcome for both visitors and residents.
“Bodegraven has an inspiring story to tell when it comes to finishing and marketing cheese, historically and to this day. We want to express that DNA and that pride more. A wonderful step has been taken with this initiative in cooperation with the cheese industry and the Kaasmuseum,” said alderwoman Inge Nieuwenhuizen, with the portfolio Economy, Recreation & Tourism. The council wished everyone involved smooth preparations.
De Kaashandel is expected to open its doors in the autumn. The building the foundation has in mind is on the Raadhuisplein in the centre of Bodegraven.


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Thieves have stolen more than $30,000 through illegal withdrawals from the accounts of least 27 customers at a Woodbridge bank, and police said today the total loss could go much higher.
The money was taken in illegal transactions from accounts of customers at the Bank of America on Amboy Avenue, police Lt. Thomas Gennarelli said.
"There have been thefts of a couple hundreds to a few thousand dollars from accounts," Gennarelli said.
All of the illegal transactions discovered so far occurred from about April 4 through last Saturday, Gennarelli said.
He declined to comment on how the withdrawals were done due to concerns of jeopardizing the investigation, but said the thieves had obtained account numbers and personal identification numbers.
One customer told police he discovered $300 missing from his account on April 13, and the bank replaced the money without indicating there had been an illegal withdrawal, Gennarelli said. Detectives have yet to determine the total number of accounts compromised and the total monetary loss.
Illegal bank accounts transfers are becoming common, said Linda Foley, founder of Identity Theft Resource Center, a 10-year-old, private, non-profit agency in California that assist victims of identity theft.
"What happens when a company has a breach, it has to have an audit to see what was effected and notified those who were impacted. They have to stop the leakage," Foley said.
She cautions customers to be patient, because the internal investigation could take days or weeks.
"Bank of America has dealt with breaches before. I sure they probably had flown in overnight highly trained investigators even before you knew about it," Foley said.
One of the largest security breaches, at Heartland Payment Systems, is still hitting banks. Heartland processes credit cards and bank cards for the bank-card payment processor for 250,000 businesses nationwide.
A security breach through the Internet could have comprised millions of accounts. More than 600 banks have been effected, and the number is climbing, Foley said yesterday.
However, she said customers should not over react. The bank is responsible for the losses, but customer must diligently monitor account statements and quickly report any discrepancies.
Bank of America yesterday declined to comment on events at the Woodbridge branch, but said all customers are protected against unauthorized transactions.
"In this instance, we have been in touch with all the customers impacted and are working with them," bank spokeswoman Anne Pace said in a statement.
"We are working closely with local and federal law enforcement regarding any fraudulent activities," Pace said.
Bank of America advised customers to immediately report anything unusual at an ATM or any unauthorized transactions. Safety tips are posted on the bank web site.
Foley advised customers to be patient.
"If I had funds in there, I would not be closing it out," she said.
"This is not the first time something like this has happened," Gennarelli said.
Customers have notified the bank and been forced to close accounts and open new ones, the lieutenant said.
The bank is working with police. A woman who answered the telephone at the bank said nobody was immediately available to comment.


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The Fair Trade Commission yesterday fined China Airlines and EVA Airways a combined NT$32 million (US$1.85 million) for failing to lower airfares on cross-strait flights and engaging in practices that compromise the free market.
The commission said that since April last year, media had widely reported on the high cost of airfares on flights across the Taiwan Strait, despite the decreased travel time and distance. The criticism, combined with negotiations between the Ministry of Transportation and Communications and the two airlines, resulted in the two companies agreeing to cut prices of cross-strait flights.
However, an investigation by the commission showed that despite the lowered airfares, the average cost of cross-strait tickets had risen because of a larger proportion of more expensive first and business-class tickets and a substantially lower proportion of economy-class tickets.
Fair Trade Commission Vice Commissioner Shih Hui-fen (施惠芬) said the two airlines had raised the proportion of more expensive tickets so that travelers had difficulty booking in economy, which tended to sell out quickly, leaving travelers no choice but to book more expensive seats.
Citing data collected by the commission, Shih said that proportionally, first and business class tickets sold by China Airlines in January last year accounted for 20.63 percent of those in economy, a figure that rose to 39.28 percent in April and peaked at 82.69 percent in June.
In the case of EVA, first and business class tickets sold in January last year accounted for 30.47 percent of those in economy, rising to 54.16 percent in April and 64.37 percent in June, she said.
“While it may appear that the two airlines cut fares for individual [cross-strait] tickets, in actuality, the average price of tickets has risen,” Shih said.
The investigation also showed that the two airlines did not give travel agencies much room for offering discounts on cross-strait flights.
The commission said China Airlines has about 30 percent of the cross-strait market, while EVA has about 20 percent, and as a result the practices adopted by the two companies severely undermined fair trade.
The commission fined China Airlines about NT$20 million and EVA NT$12 million for violating the Fair Trade Act (公平交易法).
At a press conference late yesterday, Deputy Transportation and Communications Minister Yeh Kuang-shih (葉匡時) said the commission was an independent body and that it was not obligated to inform the Civil Aeronautics Administration (CAA) that it was investigating pricing mechanisms.
Furthermore, the CAA does not have the authority to intervene in such an investigation, Yeh said.
However, Yeh said that the investigation was conducted between April and October last year when the World Expo was being held in Shanghai, adding that fares fell from November.
“The prices reflected supply and the demand,” Yeh said. “Supply and demand are out of balance.”
To increase supply, Yeh said the ministry would seek to raise the number of cross-strait flights during the next round of negotiations with Beijing.
Additional reporting by Shelley Shan


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Nawaf Salameh, CEO, Alexandrion Group, says that the company will invest at least USD 100 million over the course of five years for the development of a distillery in the US state of New York.
The company has already invested USD 10 million in the land. He said the first whiskey of the group made in the US will be on the market next year.
“We will do an American company, American product, it will be exported around the world,” said Salameh during the second Country Focus Community Forum organized by Business Review.
He said the new investment will help the group expand its export footprint. At present, Alexandrion exports in 50 countries in Europe and around the world.
Salameh said the starting investment will stand at USD 40 million and the US state will provide around USD 10 million worth of lower taxes over the course of a decade. For instance, the taxes for employees will be lower.
The executive added that the group is also looking to expand its presence in the local tourism sector. Salameh said the New Montana Hotel, acquired by the company last year, will double its number of rooms that currently stands at 200.
“Next year, we will build in the same area another 200 rooms. It will be the biggest in the mountain. We will invest in the big cities, but never in the seaside (locally –e.n.),” said Salameh, adding that the group doesn’t plant investments in the local Black Sea due to the short holiday season.
“He said that the investments will be in Greece or Cyprus,” said the CEO on seaside investments. He said there could be a joint venture between operators in Greece and Romania, and tourists could spend one week in Greece and one week in Romania.


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March 23, an Apple event is rumored to unveil the new iPad Pro, AirPods 3 and AirTags
Apple will hold its first event for 2021 on March 23 to reveal new products, according to a reliable Chinese leak known as “Kang”. The event could see the unveiling of new iPad Pro models, updated AirPods and long-awaited AirTags item trackers.
Kang said that the March Apple event will take place on the same date as the unveiling of OnePlus 9, which is scheduled for Tuesday, March 23, which opens up the coverage competition between the two tech companies.
Initial speculation indicated an Apple event occurred on March 16, but Bloomberg’s Mark Gorman dropped that possibility, leaving the door open for an event later in the month.
Both March 23 and March 30 are reasonable guesses of when Apple might choose to hold an event. Apple tends to hold events every Tuesday and is expected to have an event in “early spring” to coincide with the launch of the App Tracking Transparency app in iOS 14.5. The company has yet to send out invitations to the March event, indicating it will fall near the end of the month.
Due to the global health crisis, Apple’s event is expected to be pre-recorded and then broadcast live via its website and YouTube channel, just like the previous four Apple events in 2020.
There is mounting evidence of an imminent release of AirTags, indicating that the tile-like Apple tracker could debut at the rumored March 23 event. Other sources have suggested that Apple will also release new iPad Pro models with smaller LED screens and faster processors in the first half of this year, lined up with the schedule in late March, and the third-generation AirPods seem imminent as well, although the referred analyst says Ming- Chi Kuo now that mass production on the new “AirPods” will not increase until later this year.
Shortly after Kang proposed a date for March 23, John Prosser, a leak from Apple, simply tweeted “23,” in an apparent show in support of the prediction of the date of the Kang event.
Last year, Kang was the first to accurately reveal that Apple plans to revive the MagSafe branding of the iPhone 12, and also leaked the correct details and launch dates for the complete iPhone 12hone range and HomePod mini before it was officially announced.


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As Samsung Galaxy S6 rumors start to heat up and Galaxy S6 specs start to leak out, consumers around the world are starting to mentally prepare for the arrival of Samsung’s rumored, but inevitable, follow up to the Samsung Galaxy S5. We’ve already taken a look at some reasons why you might not want to wait for the device and today, we want to switch gears and take a look at why you might want to wait for the Samsung Galaxy S6 release.
As we continue to inch further and further away from the Samsung Galaxy S5 release date, there’s a very good chance that we’re inching closer and closer to the arrival of Samsung’s Next Big Thing. The device is supposedly dubbed “Project Zero” behind the scenes and it’s one that will unsurprisingly be marketed as the Samsung Galaxy S6.
In the weeks after October’s Samsung Galaxy Note 4 release, we’ve started to hear some initial rumors about the Samsung Galaxy S6 specs, Samsung Galaxy S6 launch date and the Samsung Galaxy S6 release date. If it’s real, and it likely is, the Samsung Galaxy S6 will be the sixth-generation Galaxy S and a replacement for the Galaxy S5 which launched back in April.
Samsung Galaxy S6 rumors are scarce but we’ve started to see credible information emerge as we close in on the end of the year. Thanks to these Galaxy S6 rumors, we know that there’s a very good chance that Samsung will look to release a new flagship to compete against Apple’s new iPhone 6 and iPhone 6 Plus and top Android competitors like the LG G3 and others.
It has us, and many others, extremely excited. The Galaxy S6 will be a high-end phone and perhaps, one of the more impressive devices of 2015. While some people may not want to wait, there are some very good reasons to at least think about waiting for Samsung’s Galaxy S6. Here, we take a look at some reasons why your smartphone search might want to include the Galaxy S6 from Samsung.
Samsung Galaxy S6 Release Date Just Months Away
Deciding whether the wait for an upcoming smartphone, especially an Android smartphone, is easily one of the hardest decisions that a smartphone buyer will face. Companies like Samsung have started shifting to a more limited release cycle which translates to one or two flagship devices per year. Samsung is reportedly looking to release fewer smartphones in 2015 which, if true, will make the decision even more difficult than it once was.
It’s also difficult to wait when we’re still early in the rumor cycle like we are with the Galaxy S6. Samsung Galaxy S6 rumors have sprung up in recent weeks though we still don’t have a clear cut view. It’s not easy but there are some people that might want to consider waiting for Samsung’s Next Big Thing to arrive on stage.
Samsung Galaxy S6 release date rumors suggest that the device will be coming out in and around the same time as last year’s Samsung Galaxy S5 (February-April) and perhaps, even earlier than that. So, there’s a chance that we could see it arrive in just a few short months as it looks to compete against Apple’s iPhone 6 and iPhone 6 Plus. At the very least, Galaxy S6 release date rumors should start firming up sometime in the next few weeks as Samsung pushes its plans forward.
Waiting a few months can be difficult but given that we’re probably less than six months away, some of you might want to start waiting. Samsung is rumored to be building this phone from scratch in an attempt to bolster its fledgling mobile business. Translation: This is going to be a flagship smartphone and quite possibly, a huge departure from the previous versions.
If the Galaxy S3 or Galaxy S4 that you’re rocking is still holding up, there’s really no need to rush into anything. That goes for any smartphone. There’s never any need to rush into a smartphone decision. You might also want to think about waiting if you’re not intrigued by the current crop of smartphones including the Galaxy S5 or Galaxy Note 4. Even if you are, there will likely be a benefit to waiting.
When the Galaxy S6 arrives, the Samsung Galaxy S5 will almost certainly be dirt cheap, the Galaxy Note 4 price will likely be more affordable than its $299.99 price point, and many of the other top Android flagships from 2014 will be in the bargain bin. Yes, they’re cheap now but they will almost certainly become cheaper once the smartphone release cycle begins anew.
You’ll also be able to save up more money for your purchase. Many of you will likely get some extra money during the holidays that you can also put towards a purchase in the early goings of 2015.
You Want the Latest Hardware
Upgraded hardware is another reason that you might want to consider waiting for the Samsung Galaxy S6. Samsung always tacks on new hardware to its new Galaxy S models and the Galaxy S6 specs will certainly include some big ones. Rumors are flying around, suggesting some big time upgrades, but we don’t need rumors to know where Samsung will be making some tweaks.
Year-after-year, Samsung outfits its devices with a new, more powerful processor. The Galaxy S6 will likely come with a new powerful chip that will lead to better overall performance. This means better gaming, better battery life, and more. This will be the case if Samsung utilizes Qualcomm’s Snapdragon 810 chip as rumors suggest.
Samsung also tends to upgrade the camera and given the improvements seen on the Galaxy Note 4 and various competitors, this will likely be the case on next year’s Galaxy S. The Galaxy S5’s camera isn’t the gold standard so there’s incentive to wait and see what the company does with the sensor on the Galaxy S6. Features like Optical Image Stabilization will help it contend with the cameras on the iPhone 6.
The company is also expected to include a Quad HD display. This is something that’s only found on select Android smartphones and it’s a feature that we feel is more than just a gimmick. Content really does look better with 1440p resolution and if you’re in need of an improved display, the Galaxy S6 will almost certainly have one of the best.
There’s a reason why DisplayMate, one of the leading voices in mobile display technology, continues to rate Samsung’s displays as the best money can buy. The Galaxy S6 could raise the bar even higher.
Not everyone needs the latest and greatest hardware but it’s something to think about if you’re planning to hold onto your next smartphone for awhile. The better the hardware, the longer a device holds up.
You Want the Latest Software
By waiting for the Samsung Galaxy S6, you’re going to open yourself up to brand new software improvements. Samsung always updates its TouchWiz software on its latest flagships and we could see a powerful new version of software arrive on the Galaxy S6. Android 5.0 Lollipop is also all but confirmed given that the company’s already bestowed its features onto the Galaxy S5.
This is important to consider one, because new flagships almost always come with exclusive features, and two, Samsung never releases its full feature set for older devices. In other words, devices like the Galaxy S5 and Galaxy Note 4 might never get some of the features found on the Galaxy S6. Whether it’s because of hardware limitations or simply an internal decision to help sell the Galaxy S6.
Older devices will likely get some of what the Galaxy S6 has to offer but as we’ve pointed out many times, this can be an agonizing process. You never know what might come on board and you never know when those features might arrive. This might be enough to deter you from buying the Galaxy S5, Galaxy S4 or the Galaxy Note 4, given that the Galaxy S6 release is probably less than six months away.
Longer & Better Support
The Galaxy S6, unlike Samsung’s older devices, will stand to benefit the most improvements from future Galaxy devices, devices like the Galaxy Note 5. Again, newer devices tend to get the most out of new updates to TouchWiz while older devices tend to get a more limited feature set. So, you’ll want to weigh that against buying a phone like the Galaxy S4 or HTC One M7, devices that are coming to the end of the road in terms of software support.
The Samsung Galaxy S5, for instance, is going on a year old. That means that it’s almost used up a year of software support. And while it likely has some gas left in the tank, Samsung typically supports its flagships for 18 months or so before kicking them to the curb. In other words, by waiting a few months, you’ll have access to a phone that will likely be updated for a year longer than the Galaxy S5 and many of the devices that emerged in the early part of 2014.
This is something that you will need to consider, particularly those of you that like to get a ton of mileage out of their smartphone. Software support is one of the most important things to consider when buying a smartphone because of how blurred hardware features are these days. Keep that in mind while looking into the Galaxy S6 and the smartphones that are already out on shelves.
If longevity isn’t that important to you, consider the speed at which the Galaxy S6 will get updated. Samsung always puts its newer flagships at the front of the list when it comes to new updates while older devices typically are months behind. Just look at Lollipop. Those looking for speedy updates should consider waiting for the Galaxy S6 as it will get updated much faster than any of Samsung’s current Galaxy devices.
You Want a New Galaxy S Design
The last reason to consider waiting for the Samsung Galaxy S6 is if you’re big on design. Samsung’s previous Galaxy S designs have all left something to be desired and with the company’s mobile business in turmoil, the company is rumored to be doing something drastic to compensate. For many people, that sense of urgency is a good reason to at least wait and see what Samsung delivers.
Rumors suggest that this device will be built from the ground up, something that hints at a departure from the company’s current design language. And given that the Galaxy Note 4 uses a plastic and metal design, we could see Samsung release a premium built to counter the iPhone 6, HTC’s upcoming devices, and others.
So, there’s a good chance that the Galaxy S6 will be Samsung’s most exciting Galaxy S release in years. The company is clearing trying to rekindle the magic of the Galaxy S3 and 2015 could finally be the year where we see the company take some big risks. That might be reason enough to start waiting for the Samsung Galaxy S6 release date.


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Minecraft creator Mojang has released highly anticipated updates for Minecraft Pocket Edition that should bring it more in line with the PC version of the game.
The new updates, which make the game less like a sandbox of bricks, are already available in the Android app store. The iOS versions should go live once they are approved by Apple.
The new update adds the much-requested "survival mode," traditional in the PC version of Minecraft. Survival mode will include zombies, a health bar, the ability to use different tools and resource-gathering.
During a web chat Monday, Mojang’s director of business development, Daniel "Kappische" Kaplan, said the update changed the purpose of the game from simple world creation to a more action-oriented experience. Kaplan said players still have to deal with the restrictions of mobile platforms.
"It will be really hard to try to achieve the same thing as the PC since you are not playing on a PC," Kaplan said.
He added that PC gamers have a lot more time to play than cell phone gamers. Mobile developers want to consider the characteristics of the platform: less time, simpler controls and a smaller screen.
"My opinion is that it's harder to get a mobile player's attention with a game since I think they will much more easy throw away your game if you don’t get their attention early enough," Kaplan said.
Kaplan also explained the slowness in bringing some of the most desired features of the game, like crafting, to mobile: there's only one developer working on Minecraft Pocket Edition. Despite this, they plan to release many more of the asked-for features in the future.
Check out our gallery below to see all the new features found in the updated Minecraft Pocket Edition.


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The Boston tech sector saw VC rounds of all sizes as well as other growth-oriented moves. Learn what these companies are up to. This is the Built In Boston weekly refresh.
Hopper got $170M. While the travel industry saw a major decline during the pandemic, travel tech company Hopper is looking ahead to the future with Series F funding and a new strategic partnership with Capital One. It’s planning to launch a new offering called Capital One Travel later this year, as well as double its headcount. [Built In Boston]
Notarize pulled in $130M. Following a year of significant growth in revenue, Notarize pulled in a Series D led by Canapi Ventures. It’s tech enables people to sign and notarize documents completely online via a two-way video call. The money will allow Notarize to grow its platform and product, expand into new industries and grow its headcount. It currently lists over 20 open tech positions. [Built In Boston]
Boston Tech Quote of the Week
Pison raised $7M. The company is working to build the sci-fi future we’ve only seen in movies. Pison is advancing its tech that allows people to mentally control digital devices. With the Series A funding, it’s planning to launch its first product this year as well as hire 50 new members to its team. The funding round was led by Lavrock Ventures. [Built In Boston]
Zaius to be acquired by Optimizely. With the addition of the Boston-based company’s AI-powered customer data software, Optimizely is looking to make additions to its enterprise features that work to manage websites and marketing campaigns. Zaius previously raised over $50 million in venture funding prior to its acquisition. [siliconANGLE]
Dispatch announced new partnerships. With its platform that serves home service brands that depend on independent providers, Dispatch launched new partnerships with York HVAC, Amarr Garage Doors and Friedrich Air Conditioning. Going forward, the company is looking to attract new customer partnerships across several industries including manufacturing and home service franchise. [PR Newswire]


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A World Trade Organization compliance panel has ruled the U.S. government offside in its latest attempt at a trade-compliant country-of-origin labelling (COOL) law on meat.
Following a long-awaited public release Monday, the ruling may give Canada and Mexico the ammunition to demand COOL be scrapped, on pain of retaliatory tariffs against a range of U.S.-made ag commodities and other goods.
“The WTO has confirmed once again what we have known all along: that the United States’ mandatory COOL requirement for beef and pork is a blatant breach of its international obligations as a member of the WTO,” Canada’s Trade Minister Ed Fast and Agriculture Gerry Ritz said Monday in a joint release with their Mexican counterparts Ildefonso Guajardo Villarreal and Enrique Martinez y Martinez.
The compliance panel found where the COOL law “accords imported Canadian livestock treatment less favourable than that accorded to like domestic livestock,” the revised COOL law “increases the original COOL measure’s detrimental impact on the competitive opportunities of imported Canadian livestock.”
“In light of today’s ruling, Canada calls upon the U.S. to enact legislative change to eliminate COOL’s discriminatory treatment against Canadian hogs and cattle,” Fast and Ritz said Monday.
“Canada will be watching this situation closely to ensure U.S. compliance in accordance with the WTO’s clear ruling. We will continue to fully assert our rights to achieve a fair resolution to our concern, including seeking authorization to implement retaliatory measures on U.S. agricultural and non-agricultural products if and as necessary.”
Canada last summer rolled out a shortlist of its proposed retaliatory tariffs, including the most obvious targets — U.S. live cattle and hogs and fresh and frozen beef and pork products — along with U.S. cereal, bread, pasta, frozen potatoes, frozen orange juice, wine, cheese, cocoa, apples, cherries, fowl, maple syrup, ketchup, sugars, glucose and fructose and some other food- and non-food-related wares.
The impact of COOL on the Canadian cattle and hog sectors was estimated in 2012 to be about $1.1 billion per year, but Canadian livestock groups note that impact has increased since the U.S. amended COOL last year.
For now, the WTO compliance panel recommends that the WTO Dispute Settlement Body (DSB) request the U.S. to bring the inconsistent measure “into conformity with its obligations.”
The next step in the WTO process would be adoption of the compliance panel’s report at a DSB meeting, according to the Canadian Cattlemen’s Association in a separate release Monday.
Adoption of the report — subject to delay by a U.S. appeal — would trigger Canada’s rights to compensation or retaliation, the CCA said. If the U.S. files an appeal and Canada once again wins, Canada would be authorized to slap retaliatory tariffs on U.S. exports.
Also, the Canadian Pork Council noted Monday that the WTO compliance panel’s report further restricts the U.S. government’s options to delay the process. The panel ruled the revisions to COOL are in breach not only of Article 2.1 of the WTO Agreement on Technical Barriers to Trade (TBT), but also of Article III:4 of the General Agreement on Tariffs and Trade (GATT), which allows Canada to invoke “national treatment rights” that guarantee “equivalent competitive opportunities” for Canadian goods.
The panel report also granted “conditional affirmative findings” on Canada’s claims under Article XXIII:(b) of GATT — a ruling the CPC said “will support Canada’s position in the event the basic findings are overturned on appeal.”
“It is as if the panel, after seeing how the U.S. ignored the (WTO’s) previous findings, wanted to anticipate and cut off further attempts to game the system in the guise of ‘corrective’ measures,” the council said.
“Justice delayed is justice denied, and stalling and totally inadequate responses have already delayed enough,” CPC chairman Jean-Guy Vincent said. “Further appeals, which only delay the inevitable, negate the WTO requirement to conduct disputes in good faith.”
What the ruling said
The compliance panel was convened last year to rule on whether the U.S. final COOL law meets the U.S. government’s WTO obligations, in the wake of previous rulings by the WTO DSB and Appellate Body against the earlier version of the COOL rule.
Passed by the U.S. government in 2008 and implemented in 2009, COOL legislation requires country-of-origin labelling for beef, pork, lamb, chicken and goat meat, and certain perishable commodities sold at retail outlets in the U.S.
The U.S. Department of Agriculture’s revisions in 2013, in the wake of the Appellate Body ruling, tightened COOL’s labeling provisions for muscle cuts of meat. COOL now requires covered products’ labels to include even more specific information about where each production step (birth, raising, slaughter) took place.
The compliance panel found the revised COOL rule, compared with the original COOL measure, “entails an increased recordkeeping burden in practice for U.S.-slaughtered livestock and the resulting muscle cuts of meat.”
The revision, the panel ruled, thus also “creates an increased incentive in favour of processing exclusively domestic livestock and an increased disincentive against handling imported livestock.”
Granted, the panel said, the new COOL rule “directly responds to certain deficiencies” in the original labelling scheme, in terms of its value to U.S. consumers — but the revised labels “introduce the potential for informational inaccuracy in respect of where animals are ‘raised.'”
The terms “birth” and “slaughter” are “relatively straightforward and temporally discrete,” the panel said, but “the definition of ‘raised’ as the entire intervening period between them is potentially problematic in the context of certain requirements of the amended COOL labels.”
Further, the panel said, the “detrimental impact” that the revised COOL measure causes for Canadian and Mexican imports doesn’t stem exclusively from the “legitimate regulatory distinctions” needed for the label scheme to work in U.S. consumers’ favour.
On whether there was an identified need among U.S. consumers for such a labelling scheme, the panel noted studies and polls show U.S. consumers “are interested both in country-of-origin information in general and in country-of-origin information according to point-of-production.”
While the panel found consumers show “some willingness” to pay for “general” country-of-origin information, it also found consumers “are not ready to bear all the costs of the amended COOL measure” and saw no “probative evidence” showing consumer willingness to pay for country-of-origin information according to point-of-production.
The panel also rejected the notion that Canada’s or Mexico’s “market access expectations” stemming from previous trade agreements should have taken into account the possibility that they could lose some access under a label law. “We do not find compelling evidence that the amended COOL measure could have been reasonably anticipated before its adoption.”
Granted, “there was a past government policy of labelling imported meat with its country of origin (but) we do not consider this to demonstrate a reasonable anticipation of the key features and requirements of the amended COOL measure,” the panel said.
Rather, the panel said, COOL and the revised COOL law show a particularly “significant departure from pre-existing labelling rules and practices as they concern the products at issue.”
And while other countries in recent years have rolled out such label laws, that fact “does not evidence the kind of ‘trend’ that could give rise to a ‘climate’ in which the amended COOL measure could reasonably have been anticipated.” — AGCanada.com Network
Tagged COOL, WTO


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Online fashion retail is a growth sector that’s not showing any signs of slowing down. And in Europe the brand leading the way is Berlin-based Zalando. Since its foundation in 2008 the German online fashion retailer has expanded into 13 further European markets.
Initially focussing on shoes before branching out into other clothing products, Zalando has shown as much growth in its product offering as it has through its financial operations. Lifestyle and sports offerings now complement their initial offerings and some savvy investments have seen them take on an increasingly diverse customer base.
A recent licensing partnership with Brooklyn’s Own by Rocawear – signed by subsidiary zLabels – has seen the brand moving into the market for younger customers. This and other such deals mean Zalando will soon be even more established in the main European markets.
The company’s European expansion began back in 2009 when it started offering deliveries to Austria. After this successful first venture into foreign markets operations in France and the Netherlands started in 2010. Zalando eventually established itself in the UK market in 2011.
But far from resting on its laurels since an initial push, the company has continued to grow through a mix of high-profile backers and sound financial planning. On 10 March this year the company raised significant capital (around 460m Euros) when a group of early backers sold 7.3% of their shares.
Jointly Global Founders, Holtzbrinck Ventures, AI European Holdings and Rocket Internet placed almost 18 million shares in an accelerated bookmaking, freeing up cash for Zalando’s fast-paced growth throughout Europe.
With financial powerhouses including Goldman Sachs, Credit Suisse and Morgan Stanley involved in their affairs, Zalando is clearly making waves as a financial entity as well as a retailer. This was underlined by the company launching an IPO in the autumn of 2014.
Strong demand saw shares enter at 21.50 Euros each. The sale of around 28 million shares (11% of the company’s capital) saw it raise an impressive amount in excess of 600 million Euros. The company was subsequently valued at more than 5 billion Euros.
As well as securing new funding through the deal, the company also managed to lock in existing current investors Kinnevik, Bestseller Handels and founder-managers Robert Gentz and David Schneider. For 64% of the company they agreed to lock-in their investments until 28 June 2015.
With the company’s financial future secure, it is now free to explore new fashion lines and products.
Over the past 12 months Zalando has introduced a number of new services for its UK customers. These include an option for customers to collect their goods from one of 3,500 locations.
Robert Schütze, Zalando’s UK country manager, told Retail Gazette the motivation behind the move was to ensure online shopping is a “convenient and straightforward experience for the customer”.
“Online shopping allows the customer to browse and purchase at any time of the day and now, with the introduction of pick-up points, delivery and returns are now also less dependent on time restrictions,” he added.
Since its formation in 2008 Zalando has truly established itself as one of Europe’s heavy hitters in e-commerce. For years the continent didn’t have an answer to Las Vegas powerhouse Zappos. But the way things have played out in the past few years, it seems that is no longer the case.


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New York – A new IBM study shows that consumers are most inclined to switch from in-store to online purchases when shopping for CE products and luxury goods like jewelry and designer apparel.
The study, by IBM’s Institute of Business Value, also found that fully 50 percent of online sales resulted from showrooming.
The report, released this week at the annual National Retail Federation (NFR) Convention, here, surveyed 26,000 shoppers in 14 countries across eight non-grocery product categories.
Nearly a quarter of “showroomers” said they initially intended to make their purchase in a store, but ultimately bought the item online due largely to price and convenience.
Two-thirds of showroomers buy from multichannel retailers, the study showed, while the balance do business with online-only sites.
Young, male and affluent shoppers are most likely to showroom, IBM said, and while the phenomenon is global in scope, the incidence of showrooming is higher in China (26 percent) and India (13 percent) than it is the U.S. (7 percent).
While brick-and-mortar is still the predominant shopping channel by far, consumers are becoming increasingly open to buying both online and in-store depending on their needs at the time of purchase, the study suggested. More than 80 percent of respondents said they made their last purchase in a retail store, although 35 percent weren’t sure which channel they would choose next time, and 9 percent said they are ready to commit to e-commerce.
“Today’s consumer is sophisticated and opportunistic, navigating between store and online environments interchangeably to meet their shopping needs of the moment,” said Jill Puleri, IBM Global Business Services’ global retail leader. “To satisfy clients, retailers must deliver a consistent, convenient shopping experience across each consumer touch point, extending from the store to online and back again.”
Specifically, retailers must better connect their online and physical stores, blending benefits into both at various points in the shopping cycle — from research to purchase — to build brand loyalty and repeat sales, IBM said.
In the store, retailers must infuse digital experiences, provide store associates with the technology to save the sale, and embrace consumer-owned technology. Online, retailers most optimize their websites for various devices.
The key, Puleri said, is using data and analytics to identify why showroomers are shifting purchases online so that retailers can act and adjust accordingly.
- 2019 TWICE Top 100: Watch List - May 23, 2019
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- 2019 TWICE Top 100: Best Buy Keeps The CE Crown, But Barely - May 21, 2019


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Indian phone maker iBerry has launched the Auxus Nuclea N2, an NFC-enabled dual-SIM Android 4.2 Jelly Bean smartphone running on a 1.7GHz eight-core MediaTek processor. Boasting a 5.7-inch 1080p display and 13 megapixel camera, the N2 will be available to pre-order from 18 January for RS19,900 (US$320).
- Apple Pay arriving in Germany?
- Chicago mobile ticket app hits 1m downloads
- Dubai bus passengers to get hands-free smart ticketing
- Visa works on blockchain B2B payment system
- Pizza Hut offers NFC tattoos that let customers order favourite takeaway


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ARDMORE – RestoreMasters has been ranked among top 100 roofing contractors by Roofing Contractor magazine.
Founded in 2006 by Matt Irvin and headquartered in Ardmore, RestoreMasters has grown to employ about 200 people and has a footprint in all 50 states and Canada. It has achieved a top 100 ranking for three years in a row.
“I started this company when I was 18. I started out as a cash contractor in 2006, which grew to about $5 million in sales per year until 2011 when I began to travel and took the adventure on my first insurance reroof journey. From there, I have opened offices all over the country and continuously learn better ways to obtain larger projects,” Irvin said.
After Hurricane Michael devastated Florida and the Gulf Coast in 2018, Justin Reichl joined Irvin as a partner.
“When Justin and I partnered up in 2018, we pooled our resources, our knowledge and all our people. It acted as a real catapult for this business. As of 2021, commercial roofing is our core business and accounts for around 85% of what we do, but we are certified in all sorts of roof systems where we can offer 30-year warranties,” Irvin said.


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Automakers grabbed their best August since the 2007-09 recessions, with the U.S. monthly auto sales rising by 20 percent over the previous year. The customers are now showing more confidence in buying big items on easier credit terms.
Big sales uprights were achieved by the Honda Motor Co. and Toyota Motor Corp which is already trying to recover back from last year’s earthquake and tsunami.
All the three Detroit automakers surpassed the sales figures that analysts have already predicted. Total sales for the month were at 1,285,202 units according to the data from Auto Data Corp. this showed the highest sales figures for any August since 2007 when 1.47 million units were sold across the States.
Jesse Toprak an auto analyst at TrueCar.com said that the improvement can be attributed to the feeling that hasarisen among the consumers about big purchases. He also added that the new models form Detroit and the foreign companies have provided the consumers with best options ever.
Last month’s auto sales showed the improvement in the customer mind set. It showed that the customers are spending far better than the early third quarter after the weak consumption that held the economic growth back to 1.7 percent annual pace, April to June.
According to Harm Bandholz chief economist at UniCredit Research, weaker consumer spending in the second quarter can be solely attributed to the slower car sales. So, a new rise in the car sale is good sign and shows that consumer spending could increase in summer.
The consumer spending that also accounts for about 70 percent of the US economic activity also saw a rise of about 1.7 percent.
Toyota and Honda climbs high
Toyota saw a rise in sales of about 46 percent were as Honda witnessed a rise in 59.6 percent. GM recorded a 10 percent jump in the sales as higher gasoline prices encouraged the sales of compact cars like Cruze. Average price of gasoline has roused about 21 cents per gallon in past month. Higher gas prices have encouraged the market to show an unseasonably stronger small car performance.
On the seasonally adjusted annualized rate, US auto industry showed a sale of about 14.52 million vehicles. So, far U.S. auto sales have been recorded at 14.3 million on annual basis. According to GM these figures doesn’t include the Heavy vehicles. The total sale in 2011 stands at 12.8 million units.
GM has recorded a gain of about 10 percent last month surpassing the expected figure of 2-6.4 percent as expected by analyst. GM stands at number one position in the U.S. sales followed by Ford, Toyota and Chrysler.
Volkswagen, Hyundai, Nissan
Volkswagen tuned into its best performance in August since 1973. The automaker’s sales rose 62.5 percent to 41,011 units last month.
Overall the Volkswagen’s US sales rose to about 487 percent including the sales of Luxury brands Audi and Porsche. Audi’s sales climbed to about 11,527 vehicles.
Hyundai Motor Co. sales raised by about 4 percent in August to 61,099 units as it faced some limitations with its supply.
Limited supply of Nissan Motor’s top selling Altima midsize sedan cut down the auto sales and its rose less than expected to about 7.6 percent. Nissan began sale of its redesigned Altima in July and the August sales roused by about 12.5 percent. According to Nissan several thousand orders for the Altima were lost due to lack of inventory by the US dealers.


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Kroger Co. has held preliminary talks about a possible partnership with Chinese e-commerce giant Alibaba, according to reports on Thursday.
Executives from the two companies met last month in China, the New York Post reported. The newspaper, citing a Chinese government press release, said the two companies have already “teamed up” in an agreement “to speed up the integration of online and offline sales.”
Neither company was immediately available for comment.
The report of a potential partnership with Alibaba follows reports that Cincinnati-based Kroger was bidding for online bulk-products retailer Boxed.com and might also be interested in home furnishings retailer Overstock.com.
Following Amazon’s acquisition last year of Whole Foods Market, industry observers have speculated that more online-offline supermarket partnerships could be forthcoming as traditional retailers seek to boost their e-commerce presence and e-commerce players seek a bigger piece of the $700 billion U.S. grocery market.
Alibaba last year invested about $2.9 billion for a 36% stake in Sun Art Retail group, the largest operator of supermarkets in China. It also operates a small network of its own food stores, called Hema, that it is using to test scan-and-go and mobile wallet technologies in China, which it could reportedly seek to license to other retailers. The stores also act as fulfillment centers for e-commerce.
Alibaba is a diversified technology company that offers e-commerce on several levels — connecting Chinese suppliers with buyers overseas, for example, while also operating business-to consumer e-commerce websites and offering cloud computing, logistics and financial services. It is the owner of the Alipay mobile wallet, which is described as similar to PayPal and is the leading third-party online payment platform in China, the company said.
It was not clear what the nature of a potential partnership with Kroger might be. The Post suggested that Kroger could refer shoppers to the Alibaba site to buy general merchandise, or it could leverage the Alipay mobile payment technology.
In an online essay posted on LinkedIn last year following Amazon’s acquisition of Whole Foods, technology consultant Brittain Ladd suggested that Alibaba should acquire Kroger, although the Post reported that there were no indications the two companies were discussing a merger.


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The upcoming SPACE INVADERS World Defense game utilizes Google’s Geospatial Creator
Japanese video game company Taito and tech giant Google have collaborated in a new augmented reality game titled SPACE INVADERS World Defense. In a revamp of the 1978 classic shoot ’em up arcade game Space Invaders, the franchise gets a tremendous face lift here as the game combines both AR and 3D renderings to provide customizable gameplay depending on the user’s location.
Players are entrusted with defending the Earth from Space Invaders in their area, a variation on the classic gameplay. The upcoming Taito x Google SPACE INVADERS World Defense game utilizes surrounding landmarks, time, and weather by turning cities into virtual playgrounds.
The game is powered by Google’s ARCore Geospatial API and Streetscape Geometry API. The experience aims to “reinvent the future of gaming” and “connect multi-generations of players.”
Below is the official description of the upcoming Space Invaders AR game.
“For the last 45 years, SPACE INVADERS have tried to conquer the world. They are back and this time coming from another dimension. As one of Earth’s top pilots, you must use your spaceship’s advanced technology and your expert skills to travel between dimensions and defend the planet. The future of the Earth is in your hands! This unique, immersive game is powered by ARCore and Google’s Geospatial Creator to create a real-world playground in AR and 3D. Enjoy the classic gameplay in a whole new dimension: explore, find, and defeat SPACE INVADERS in your neighborhood!”


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26 February 2024
Over the past 15 years, Canadian media has found itself in a state of crisis due to the rise of digital media and the dominance of web giants. The emergence of both has resulted in ad spend migration and loss of revenue. In 2014, 71% of Canadian ad spend is expected to be digital-only, compared to only 29% in offline media. This shift has been exacerbated by GAMAMs (Google, Apple, Facebook, Amazon, Microsoft), which control 80% of the digital market share.
Despite their vital role, local media outlets represent only 14% of the digital market. In light of this, many local media outlets have faced numerous changes and have been forced to make difficult decisions, like job cuts and closures.
It's a concern because local media is essential to our economy, culture, and democracy. These outlets keep citizens informed, contribute to public discourse, and give local voices a platform. But the concentration of media ownership in the hands of these digital titans is jeopardizing a vital ecosystem.
Last July, the A2C launched the Mouvement média d'ici to raise awareness of this issue among all industry players. This initiative aims to inject more than $200 million per year into the Quebec ecosystem and contribute to the vitality of local media. Substance and manifesto signatories are committed to investing more than 25% of their digital media budgets in Canadian media.
What is local media?
Before proceeding, we must define what we mean by "local" media. While using this term, we're discussing platforms producing and creating Canadian content and information with headquarters in Canada. The outlets we're talking about must also be paying taxes and creating jobs in the country.
Traditional media? Seriously?
There are a lot of things that need to be clarified surrounding local media. Many audiences think these outlets are slower to adopt new technologies or could be more efficient in targeting audiences. But upon closer investigation, we're here to reveal that these misconceptions don't always hold. Here's why:
Even though the Internet and social media have forever changed how people consume information, traditional media still plays an important role. Many outlets have adapted and have integrated digital platforms and online strategies into their offerings.
Although their influence has changed, traditional media outlets are still influential, especially among specific communities. These platforms have a unique ability to shape public opinion and provide in-depth context to current events.
While some traditional media outlets have slowly adapted to new technologies, many have been at the forefront of innovation in digital reporting, data analysis and multimedia storytelling.
While younger generations tend to consume information much differently than in the past, many traditional media outlets have begun adapting their content and distribution channels through mobile apps and social network presences, appealing to younger media consumers.
Why you need to use local media in your marketing strategy
In addition to having an overall positive perception, Canadian media outlets generate excellent performance, even outperforming GAMAM in several ways. For example:
Quality environments: By choosing local media, you benefit from rigorous quality control of the settings in which ads will be displayed. This maximizes consumers' attention to your message while reinforcing your brand image and strengthening their trust in you.
Effective prospect targeting: Thanks to a large data pool using first-party data, you'll be able to target prospects effectively without being impacted by the disappearance of cookies. This is the most effective solution to the loss of cookies.
Diversifying your reach: You maximize interactions with your target audience by leveraging national media. Your presence extends throughout the user journey but is not limited to GAMAM platforms (Google, Amazon, Meta, Apple, and Microsoft).
Innovative formats and technologies: Geofencing and digital out-of-home (DOOH) offer fascinating possibilities for advertisers. Geofencing enables precise geographic targeting, engaging consumers on their mobiles based on location. As for DOOH, it transforms public spaces into dynamic contact points, boosting campaign visibility in a big way.
Finally, to guarantee sustainable performance for your advertising campaigns and boost brand awareness, integrating local media throughout the customer journey is crucial, contrary to popular belief. These media outlets offer a quality environment and are the best way to reach Canadians effectively.
By working with these different partners, you'll achieve your marketing objectives and help support an industry that could benefit from it.


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Global Software Applications, LLC, recently announced SurferQuest Hospitality Solutions is now offering Mobile Cloud Printing from anywhere in the world, complete with full features, reliable functionality and affordable pricing to the hospitality industry.
State College, Pa. and Minneapolis, MN — HITEC Booth #636 — June 10, 2019 — (PRWeb) —SurferQuest™, a nationally certified Woman Owned company dedicated to the hospitality industry, will be returning to exhibit at HFTP’s annual HITEC hospitality technology trade show in Minneapolis, June 17-20. SurferQuest™ will be showcasing their secure refresh software suite alongside the various platforms they have been providing to the hospitality industry for 2 decades. Now, as a part of their all-in-one hospitality solutions they are offering secure mobile cloud printing solutions.
Last month, SurferQuest™ announced true solid state mobile printing from anywhere and any device, which combines state-of-the-art hardware with military-grade encryption to secure and protect guest data during rest and transit. All transactions are safe, secure, and deliver exceptional printing services reaching guests wherever they are. SurferQuest™ believes printing should be available anywhere from on property, hotels, restaurants, poolside, nightclubs, and special events. With a single privately emailed code, you can transfer your print job to any location.
Turnkey Mobile Printing Solutions: Easily implement our system into your current business processes. Showcase your property or your business logo and information to all mobile customers searching for a nearby print station. You can generate a new revenue stream with no hassle by deploying it as a pay-for-print amenity. Revenue is generated by charging guests and visitors through our e-commerce and m-commerce solution without expensive add-ons. E-printing is the most cost-effective solution on the market for hotels – it’s less than $1 a day. But that’s not the only way SurferQuest™ helps boost revenue. With the ability to use your existing resources you can modernize your printing environment and turn your existing printers into a release station from which guests can send and receive their print jobs.
“After a highly successful launch of our mobile cloud printing, we are excited to participate in HITEC 2019 to demonstrate the unmatched value that it can bring to the hospitality industry,” said Kathryn Koning, CEO of SurferQuest. “We’ve seen a spike in hoteliers asking for a solid, secure printing solution that can not only cut down the number of problems that come with offering this amenity, but that can also produce additional revenue that does more than just cover consumables. Mobile printing not only strengthens our overall offering and the savings it can bring to hotels and resorts. It works seamlessly and reduces the stress of offering printing solutions.”
HITEC attendees can visit SurferQuest hospitality Solutions in booth #636 for a demo of our products and more information on their complete solutions — which provide many ways to enhance guest facing technologies in hotels and resorts — along with new promotions for both merchants and partners, including free drawings for devices, a rate-match guarantee and waived fees.
To learn more about SurferQuest, visit SurferQuest.com/hitec19 or email email@example.com / http://www.SurferQuest.com
About Global Software Applications and SurferQuest™
Global Software Applications is a successful software development company, specializing in self-service applications for the hospitality industry since 1999. Beginning with SurferQuest™ our secure public access computer software become widely recognized for providing secure, affordable guest facing solutions to many thousands of resorts and casinos around the world.
SurferQuest ™ has grown to become one of the most trusted sources for custom software development. Combining our years of programming experience and our dedication to our number 1 product, our 24/7/365 superior customer service,


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A video capturing a peculiar brawl between two salesmen at a California Toyota dealership has taken social media by storm, leaving viewers both amused and bewildered.
The surprising melee kicked off with a chair being thrown, quickly followed by a hefty punch thrown by one of the salesmen. The commotion escalated as more men joined the fray, resulting in a bizarre showcase of power dynamics. In the midst of the chaos, one man was knocked to the ground and placed in a headlock, while others continued to exchange blows.
The unusual skirmish only came to an end when the groups were eventually separated, leaving customers who had witnessed the scene in utter confusion and astonishment.
The video, shared by ‘l0veleahh’ on social media, offers a glimpse into a wider issue at the dealership. It appears that this was not the first such incident to occur on the premises, as the woman who posted the clip mentioned an ongoing conflict within the dealership. Specifically, the general sales manager seemed to be embroiled in a battle with the sales manager. However, the exact cause of the altercation remains shrouded in mystery.
Social media users found themselves both entertained and intrigued by this spectacle. Some even expressed a desire to experience similar salesmen showdowns during their next car-buying adventures. Playful suggestions were made, with one viewer proposing the idea of turning these brawls into a dealership sales event, suggesting a “Royal Rumble” to attract customers.
While the incident undeniably provided unexpected entertainment, it also raises valid concerns regarding workplace safety and professionalism. The question remains whether Toyota will take any action in response to this viral incident, which has garnered significant attention across various online platforms.


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Individuals like vaping as it’s a smokeless, convenient, and fast-acting solution to eat pleasure-inducing chemical compounds including THC and smoking. It’s also potentially quite dangerous—and that is also real in terms of vaping cannabidiol, the favorite cannabis-derived substance referred to as CBD. In fact, compliment of a regulatory no-man’s-land, a customer trend, and manufacturers who dilute extract with oils better fitted to salad dressings, CBD vapes are uniquely dangerous.
At the time of Oct. 10, a lot more than 1,200 instances of a mystical illness that is vaping-related and 26 associated fatalities was indeed reported into the United States Centers for Disease Control and Prevention (CDC), that will be advising customers to “consider refraining” from vaping completely. Regarding the 771 clients the CDC previously reported data on, the bulk reported vaping THC and/or nicotine. Just about 17% reported having vaped a CBD item, but there is nevertheless good reason for CBD enthusiasts to simply take note—and also become specially cautious.
“There’s no laws.”
“There’s no laws, there’s no body telling companies what you should do,” states Jonathan Miller, basic counsel for the trade team US Hemp Roundtable. “I don’t like to state it incentivizes behavior that is bad it really does not break straight down on bad behavior.”
While no solitary brand name, item, or ingredient was defined as the reason for the 1,000-plus instances of vaping-associated pulmonary injury—first called VAPI and now renamed EVALI—we do know for sure that numerous regarding the affected clients had been vaping illicit, and as a consequence unregulated, THC services and products. Tests revealed a lot of those included vitamin e antioxidant acetate, an oil produced from supplement E—which is regarded as safe for skincare not for breathing.
We can’t reasonably expect dealers of unlawful cannabis vapes would test their products or services for share or safety ingredient lists with clients. To be honest, consumers can’t always expect that sort of assessment or transparency from manufacturers of hemp-derived CBD vapes either—even if they’re buying them from vape shops, specialty shops, or sites that don’t appear to be breaking regulations. The category is wholly unregulated. And careless players are not restricted to labeling their products as THC. In September, the Associated Press tested 30 vape services and products marketed as CBD from brands that authorities had flagged as suspect, and discovered that 10 included dangerous synthetic marijuana and lots of had little to no CBD at all.
As the US Food and Drug Administration (Food And Drug Administration) happens to be struggling to analyze and control both CBD and vaping individually, the agency has permitted manufacturers to overflow the marketplace with both forms of items. Into the FDA’s eyes, none among these items are appropriate, because they haven’t been regulated or evaluated with regards to their security. And where those two categories overlap in CBD vapes is just an area that is grey’s ripe for exploitation in the danger of customers’ health. Based on analysts at Cowen and Company, that grey area had been well well worth a predicted $40 million in sales in 2018.
Meanwhile Miller, along side numerous others into the cannabis and hemp companies, is hopeful for lawmakers to produce frameworks that are legal their products. They indicate the reported health problems from black-market vapes as proof that a appropriate, regulated cannabis marketplace is a safer one.
A short primer that is legal
The essential difference between cannabis and commercial hemp into the eyes folks legislation may be the content of THC, the intoxicating ingredient in cannabis: in case a plant contains a lot more than 0.3per cent THC by dry fat, it is cannabis, and still considered federally illegal inspite of the numerous states with legalized leisure and medicinal usage. If it is less 0.3% THC by dry fat, it is considered hemp, which can be being incrementally managed by federal government agencies. The 2018 Farm Bill eliminated commercial hemp from the Controlled Substances Act, really declassifying it as a dangerous managed substance of no medical usage, making clear its status as an agricultural item, and which makes it appropriate under federal legislation under some circumstances.
The FDA held a public hearing where more than 100 stakeholders—patients, manufacturers, and researchers among them—testified about their experiences with CBD in May of this year. Now, the industry is looking forward to a schedule for legislation, that was anticipated this autumn, but has yet to seem. The FDA considers interstate sale of CBD as a food additive or nutritional supplement (ie., all those candies, canned sodas, and tinctures) to be illegal in the meantime. Nonetheless it’s perhaps not enforcing regulations so long as operators into the projected $590 million marketplace for hemp-derived CBD abide by the broader rules for the groups they fall in, whether that’s meals, supplements, or cosmetic makeup products.
But right here’s where it gets complicated, since the Food And Drug Administration hasn’t controlled vaping yet.
“You get form of a grey that is double right here,” claims Miller. “CBD is regarded as unlawful because of the FDA, and vaping is currently seen pretty hostilely because of the Food And Drug Administration. It truly is a great unknown … Without the Food And Drug Administration involved formally, it creates it a great deal tougher for customers to determine what’s a good item and what’s perhaps not.”
You might be safer with weed
By going to a licensed dispensary for a high CBD-strain or vape that’s subject to the same regulations that cannabis is if you’re in a state where weed is legal, you might be safer smoking (or vaping) it. In states like California and Oregon, where cannabis is controlled by state agencies, items with THC are subject to evaluation for contaminants such as for example pesticides, hefty metals, solvents, and toxins that are mold-related. Again, hemp-derived CBD items are currently subject to … nothing.
The CEO of the Los Angeles-based cannabis testing lab CannaSafe, of the CBD landscape“It’s the wild, wild west,” says Aaron Riley. Riley claims that numerous of the CBD services and products CannaSafe tests would fail should they had been susceptible to the same exacting requirements as services and products containing THC—but they’re not. “You don’t have actually to obtain certified. You don’t have to accomplish virtually any screening after all.”
That isn’t to state that no body is testing CBD services and products. Whilst the Hemp Roundtable’s Miller stated, “some really well-meaning businesses will you will need to market the most effective methods.”
Several of those ongoing organizations are the ones that can come through the cannabis industry, and for that reason have actually several years of knowledge about extraction and evaluation.
The north California-based company Bloom Farms—which has been doing the cannabis extracts company since 2014—started selling hemp-derived CBD products online in January, and places them through exactly the same evaluation processes as his or her items with THC, which are underneath the strict purview regarding the California Bureau of Cannabis Control. Clients may also install a certificate of analysis from Bloom’s internet site that delivers test outcomes from a lab that is third-party but that is far from standard within the CBD space.
An greasy situation
And undoubtedly, not all the CBD vapes are manufactured equal. Many extracts sold in vape pens and cartridges are diluted along with other substances, such as for example medium-chain-triglyceride, or MCT, oils—fats which are frequently based on normal sources such as coconut oil. While these are considered to be safe to eat—and tend to be present in CBD tinctures—there’s little if any proof so it’s safe to vape them, despite some manufacturers touting them as an all-natural ingredient.
“It’s completely horrifying if you ask me,” says Katie Stem, an herbalist who cofounded the Oregon-based cannabis business Peak Extracts in 2014, and has investigated plant medication and chemistry at Oregon wellness & Science University. “People shouldn’t be cutting cannabis extracts with any kind of cooking lipid.” Stem states by using an extraction procedure carbon that is using being a solvent, it is possible to generate a vape-able distillate containing only plant product, without having any additives.
Quartz contacted two manufacturers of CBD how to vape cbd oil vape pens that have MCT oil, and neither has replied to the messages. Bloom Farms’ unflavored CBD vape contains no MCTs or any other cutting agents. The company’s flavored CBD vape pencils contain trace quantities of MCTs—less than 0.3% based on an ongoing business representative—and the organization is currently phasing them out.
Neal Benowitz, a teacher of medicine during the University of Ca, san francisco bay area, who has got studied the pharmacology of e-cigarettes, says that CO2 removal process is “pretty clean,” additionally the total answers are well-known.
“People are vaping them for a time that is long and now haven’t had a problem,” he says. “That appears to be fairly safe, and that’s a solvent that dissolves them. Issue now could be, when you begin messing with this procedure, what exactly are you contributing to it?”
Benowitz said the results of vaping MCT oil, nevertheless, is definitely an understudied area.
“I’m concerned with it,” he claims. “But I don’t have any data.”
Stem speculates the propensity to combine cannabis draw out with MCTs might come right down to greed or ignorance, and a misunderstanding associated with term “cannabis oil,” which will be one thing of a misnomer since CBD and THC extracts aren’t fatty lipids at all.
“They think, ‘Oh, it is an oil. I could mix it with another oil which will thin it and it’ll help you flow into our vape pen,’ and it is perhaps maybe not harmful because we’re oil that is already smoking. Well, no. Cannabis extract is certainly not an oil,” says Stem.
Kathryn Melamed, a pulmonologist at University of Ca, l . a ., Clinic that has seen clients suffering from vaping, agrees that cigarette smoking oils could be dangerous, and notes that the illness that is vaping-related some resemblance to lipoid pneumonia—a direct response to lipids or oils within the lung area.
“While one kind of substance—like vitamin e antioxidant or even several other oil—can be ingested and metabolized through the gut, the lung simply doesn’t have that cap cap ability,” she says. “So then it becomes a lot more dangerous, and a particle that the lung desires to attempt to fight and expel. And that’s the response that is inflammatory you obtain.”