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Aston Martin and Red Bull Racing unveil the AM-RB 001 hypercar
Designed by Red Bull Racing’s Chief Technical Officer Adrian Newey, Aston Martin’s Marek Reichman, chief creative officer and David King, VP and Chief Special Operations Officer.
The team and the car manufacturer announced that the mid-engined beast will be powered by a naturally aspirated V12 engine and that the car’s F1-inspired carbon fibre construction will give it a power to weight ratio of 1:1, 1 bhp per kilo of weight! The AM-RB 001 is to feature performance levels in line with that of today’s LMP1 Le Mans sports prototypes!
Production of the car will be between 99 and 150 road cars and a further 25 track-only versions in the works. First deliveries will commence in 2018.


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Dealerships turning to veterans to ease shortage of techniciansMon, 21, Nov 2016
Nissan to offer maintenance alerts in foray into connected carsTue, 29, Nov 2016
Dealerships battle fast-growing consolidation of body-shop businessMon, 21, Nov 2016
A fine-tuned Google alert will provide a chronicle of dealers who are selling their body shops to, or entering into partnerships with, independent chains and consolidators. So why shouldn't franchised dealerships just give up on collision repair? For one thing, it's a $35 billion-a-year business in the United States.
That thing got a Hemi? If not, refer to Bulletin No. 23-053-16Mon, 28, Nov 2016
Volvo tests 'concierge' for 90 seriesSat, 26, Nov 2016
Age of U.S. vehicles rises again as quality improvesMon, 28, Nov 2016
'Alt-OE' controversy, lack of common definition hamper automakersMon, 21, Nov 2016
"Alt-OE" is the most common label applied to supposedly genuine, new factory parts sold by distributors other than automakers through their franchised dealerships. Auto insurers and other advocates say alt-OE parts, used mostly by independent body shops, can provide high-quality collision repairs at a lower cost.
Average age of vehicles on road hits 11.6 yearsTue, 22, Nov 2016
Shop talkMon, 21, Nov 2016
Focus on accessoriesMon, 21, Nov 2016
JLR design standards aim to remove walls between service, salesMon, 21, Nov 2016
Accessories sales face roadblocksMon, 21, Nov 2016
Galpin Auto Sports' success shows that accessories sales can be a big source of profit and aid to vehicle purchases for dealerships and automakers. A new study by the consulting firm Carlisle & Co. of Concord, Mass., reports that 91 percent of dealerships say they are "actively involved" in selling accessories, up from 84 percent in 2007.

domain: news


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By Chisaki Sato
For The North American Post
Next Monday, March 11, will mark the 13th anniversary of the Great East Japan Earthquake. Fukushima Prefecture, which suffered damage from the nuclear power plant meltdown, is still in the midst of various reconstruction efforts. But one byproduct of the devastation is that Shirafuji, a Fukushima sake brewery with over 300 years of history, has relocated from Futaba to Woodinville. In this issue, we talk to the brother and sister team, Mamoru and Mari Tomisawa, who now head the sake brewery.
▲Shirafuji brewers Mamoru Tomisawa and Mari Tomisawa pose with their father.The brewery has been the family business since 1650.
◀ They moved their business from Futaba (circled in red below) to Seattle in 2014 because of the March 11, 2011, tsunami and nuclear meltdown that left Futaba devastated.
After the Great East Japan Earthquake in 2011, the staff at Shirafuji was forced to evacuate Futaba and close the brewery due to exposure to radiation. The brewery, run by the same family for 21 generations, faced an existential crisis. They searched for a place to brew their sake in Chiba, Saitama, Tochigi, Osaka, Mie, Hiroshima, and Shimane prefectures, hoping to purchase a brewery and continue their craft. However, they also ran into restrictive sales laws. The brewery was only legally licensed to sell sake in the town of Futaba. Mamoru and Mari struggled to find a way out of this conundrum.
Then, through a chance encounter, Mari met a sake brewer who was touring abroad and talked to her about possibilities in the U.S. In 2012, Mari came to the U.S. to check out the scene. After the trip, she and Mamoru decided that moving to the U.S. was the best way to restart their sake brewing business.
At the time, an increasing number of businesses were leaving Japan to start operations overseas, the Tomisawas said. They were fortunate enough to have plenty of mentors and advisors who helped them figure out U.S. laws and regulations governing sake brewing, which are very different from those in Japan. But even with the help of others, the process was difficult.
The Tomisawas studied American business rules, visited U.S. supermarkets and conducted research on sake drinking patterns in the US. In those days, Japanese products weren’t sold much at Costco, as they are now, so the research was daunting.
While their hometown struggled to recover after the 3/11 devastation, the siblings pondered a return to Futaba. But today’s Futaba is very different from the Futaba they left 13 years ago. People have moved away because of the effects of continued radiation, and the town is mostly home to decontamination workers. The siblings decided to establish their roots in Seattle.
This year, Shirafuji celebrates its 10th year in the greater Seattle area. Two years ago, they opened a brewery in Woodinville. They use Yamada Nishiki rice imported from Arkansas, which has water quality similar to that of Futaba before the 3/11 disaster. “The goal for the future has changed from ‘reconstruction’ to ‘challenge,’” says Mamoru.
In recent years, the popularity of sake in the U.S. has continued to grow, and Japanese sake is now available at local supermarkets. . But the difficulties are not over yet, Mamoru says. The sake that Japanese people want and the sake that Americans want are very different. “Being in the U.S., we have to research the demand and continue to make products that meet the demand,” he says.
But one thing has not changed: the family is back to doing what it has done well since opening in 1650: brewing high-quality sake.
The Shirafuji tasting room–located at 18800 142nd Ave NE, Unit 1A, Woodinville–is open from 3-6pm on Friday and 2-6pm on the weekends. Ask about joining the brewery’s sake club to receive special offers and discounts. And you can buy gift cards, beautiful sake cups and pitchers and a nifty sake brewing apron at its website, https://shirafuji.com/.


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Visual, Design, Presentation
About the project
R/GA has partnered with Techstars to create the first agency-based accelerator program focused on startups that are creating connected devices and applications.
LISNR, one of the startups, develops a new communication standard between sound and devices that’s empowering businesses with a message to send. This audio beacon enables marketers to speak directly to consumers using only sound. Through tones inaudible to the human ear, a speaker can trigger an experience on a consumer’s mobile device. This means Uber could send a message to people during the last song at a concert, or a stadium can send a video of the play a fan just missed while she was in the bathroom. All, without venues having to incur costly implementations.
The startup wins Gold Cannes Mobile Lion 2015 for Innovative Technology.
Demo day presentation


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Final 12 months, CD Projekt Pink set rumours to relaxation and confirmed that Cyberpunk 2077 multiplayer is on the way in which. Now that Cyberpunk 2077 has been delayed, the studio has confirmed that the multiplayer part can be equally delayed. We additionally realized that this launch is in actual fact the brand new triple-A title the corporate detailed to traders as a “triple-A narrative-driven RPG.”
“One factor we have to clarify is that the triple-A launch we’re engaged on in parallel in CP2077 is Cyberpunk multiplayer,” CD Projekt govt Michał Nowakowski says in a teleconference (by way of IGN). In monetary experiences for 2017 and 2018, CD Projekt introduced plans to launch “one other triple-A narrative-driven RPG” along with Cyberpunk earlier than 2021. The corporate’s investor site now merely calls this “one other triple-A RPG title.”
The discharge goal for the brand new recreation has been pushed again, too. “Given the anticipated launch of Cyberpunk 2077 in September, and talking of a collection of occasions we count on to happen after that date, 2021 seems unlikely as a launch date for the Cyberpunk multiplayer,” Nowakowski says.
You may hear Nowakowski’s feedback for your self within the teleconference recording, beginning on the 6:50 mark.
The Cyberpunk 2077 release date is now set for September 17, 2020. You may comply with that hyperlink for way more on all the things we all know in regards to the recreation to this point.


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The announcement comes on the back of the company’s attempts to cut costs, having seen a number of their recent films, from Marvel to animation, underwhelm at the box office.
“You pull back not just to focus, but also as part of our cost containment initiative. Spending less on what we make, and making less,” Iger told CNBC on Thursday (July 13).
Iger said that many of the decisions were made to prop up the company’s flagship streaming service, Disney+, and attract more customers.
The Disney CEO went on to note that an influx of new Marvel content, both on the big and small screens, had “diluted focus and attention”.
“It had not been in the television business at any significant level, and not only did they increase their movie output, but they ended up making a number of TV series,” said Iger. “Frankly, it diluted focus and attention.”
Disney has been systematically removing content from Disney+ in recent months in an attempt to cut costs, with new shows such as the Willow sequel series and The World According to Jeff Goldblum receiving the axe.
According to Variety, Disney targeted $3billion (£2.4billion) in savings for 2023, and will take a reduction of $1.5 billion (£1.2billion) to $1.8billion (£1.4billion) later this year for the loss of value in content developed for Hulu and Disney+ to draw new subscribers.
“This is part of the maturation process as we grow into a business that we had never been in,” Iger said.
“It’s critical we rationalise the volume of content we’re creating and what we’re spending to produce our content,” he told investors.
“Our legacy platforms enable us to expand our audiences and often augment our potential streaming success while at the same time allowing us to amortise our content costs across multiple windows.”


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Samsung is soon going to launch the fourth generation of its foldable devices but then too the company is maintaining its previous devices very effectively by sending regular updates. In a recent development, the South Korean company has started sending the latest July 2022 security patch to the Galaxy Z Fold 2 smartphones.
The Samsung Galaxy Z Fold 2 July 20222 security update is been rolling out for the carrier locked and carrier unlocked models of the devices in the US with version F916USQS2HVF3, F916U1UES2HVF6 respectively. It will protect your phone from bugs and viruses and further enhance the user experience.
According to the changelog, this latest July 2022 security update improves the stability and security of your device which results in the expansion of the performance. Other than the increased system security there is nothing that the official changelog mentions.
Moreover, as the monthly security patches are indicated for the increased performance, so this month’s patch will also bring some enhancements to your device, further the Samsung Galaxy July 2022 security patch details mention fixes for over 50 vulnerabilities from Samsung and Google
To be mentioned the update is currently rolling out in the United States however the company will soon make its broader rollout in the coming days or weeks. We recommend you to download it as soon as it appears on your Galaxy Z Fold 2.
If you are a Galaxy Z Fold 2 smartphone user in the US, then you can download and install this update on your device by visiting the Settings of your smartphone, then scroll down and tap on the software update section here fetch for the latest update if its available then download and install it.


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Jerónimo Ferrer, a 48-year-old resident of Buenos Aires, recently explained why crypto (especially Bitcoin) has become so popular in Argentina, which is the world’s largest Spanish-speaking nation by region.
Ferrer is a business development partner at Paxful, which is one of the leading peer-to-peer (P2P) bitcoin marketplaces. He is also the host of a popular Airbnb experience (in the Argentine capital) called “Our Crazy Local Economy & Bitcoin”.
Here is a brief description of his 2.5-hour tour, which costs around $28 to $35 per person:
“We will visit the Central Bank Museum where we will go through the history of money in general. Next, we will look at monetary issues particular to Argentina, such as monetary policy and their results in our country. Later we will walk through the financial district to finally sit down for a coffee (not included) where we can start learning more about bitcoin.
“Find out how to set up your wallet and how to protect your bitcoins in the most secure way. The next step will be to walk to Florida Street, surrounded by “arbolitos”, to find the Bitcoin ATM and learn how to buy and sell the currency. The place where you can have your first Satoshis!“
Yesterday, CoinDesk published a report by journalist Marina Lammertyn about Ferrer and his Bitcoin tour.
Here are some of the most interesting aspects of its history:
- He started the tours in February 2019 because he wanted to “spread bitcoin as a tool for freedom in a country that has no hard currency, with rampant inflation at an average rate of 70%.”
- Two major economic events in Argentina, namely (1) the collapse of the Argentine peso (ARS) in 2001 and the subsequent economic measures (“corralito”) taken by the government, such as the temporary freezing of bank accounts, to stop a banking panic; and (2) the government’s nationalization of about $30 billion in private pension funds in 2008 to “protect pensioners and workers” had a profound influence on his view of money and his approach to money. investment in a high inflation environment.
- Since being “a victim of both events”, he “started looking for other ways to save and found bitcoin when, during one of his previous jobs, an Italian customer asked him to pay in this cryptocurrency,” who he was when he “fell in love with it.”
- Ferrer says that since there is a limit ($200) on the amount of USD people can buy through banks, “illegal money changers” have sprung up everywhere, but the ARS-USD rate that they offer is not so good (up to 100% worse than the official rate).
On April 22, BBC News reported on the Argentinian crypto scene, and Ferrer was also mentioned in that report, where he is quoted as saying:
“When you have restrictions, you need tools for freedom.“
The BBC News report mentioned that “for some early adopters of cryptocurrency in Argentina, even a relatively young and unpredictable currency is preferable to the wildly fluctuating peso”, which is why Bitcoin continues to be very popular despite claims some critics that it’s too volatile, a claim that Gabor Gurbacs, who is the director of digital asset strategy at MVIS (a subsidiary of VanEck), recently scoffed at:
María Mercedes Etchegoyen, an Argentinian lawyer specializing in intellectual property law, told BBC News that “during the pandemic people noticed this situation, and to protect their money they chose to look for a limited asset” and that “In Argentina there was no specific regulation on cryptocurrency.
Featured image by “HalloweenHJB” via Pixabay.com


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Cloud computing visionary passes away
The man who first proposed the notion of cloud computing passed away over the weekend aged 84. John McCarthy's death was announced by Stanford University in the US where McCarthy was a member of the computer society faculty. …
Read more on QAS.co.nz
Cloud Computing: SaaS House Workday Picks Up an Million Round
Meanwhile, Workday is integrating with Zuora, the cloud-ified subscription billing and commerce start-up, reportedly because of customer demand. Workday says, "The traditional ERP model was product-centric with a focus on procurement. …
Read more on SYS-CON Media (press release)
Everything Channel CEO: Changing Business Models Is Key To Success In Cloud …
By Steven Burke, CRN The progressive solution providers that expect to succeed in the cloud computing services era are two times more likely to have changed their business model in the last five years. That was one of the big takeaways in a keynote …
Read more on CRN
Cloud computing could transform car interiors
by Automotive News October 25, 2011 5:00 AM PDT Access to the "cloud," through a wireless Internet connection in a car, has automakers thinking out of the box. Potential features go far beyond present uses of in-car Internet access. …
Read more on CNET (blog)
Question by Kevin: What the heck is “cloud computing” in layman’s terms? and why is it “the future”?
Answer by fedia_fedia
Your computer will be remote.
All calculations will be done on a fast server, and you’ll just receive the visual information.
it’s the future because it’s extremely universal, you’ll be able to run any app, any game, any file on any device with internet or a screen. Crysis 2 on iPhone is more likely than you think.
Know better? Leave your own answer in the comments!


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Mellow Mushroom Pizza Bakers will open its doors in Southern Pines, N.C., May 16.
The new unit is owned by the Craven and Dunahay families.
"We wanted to open up Mellow in Southern Pines for a few reasons. We are absolutely passionate about the quality food of Mellow Mushroom. We are long time residents and our families go back generations within the Sandhills area, and we wanted to take the opportunity to bring a business to the community," they said in a joint statement.
The latest Mellow Mushroom features a variety of pizzas, hoagies, salads, calzones, appetizers, vegan options and a gluten-free crust. This Mellow is in a 40-year-old recycled building and will feature unique artwork.
It also will host trivia, drink and draw, live music, comedy nights, corn hole and a beer club with 100 craft beers available.


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Verizon on Thursday said it’s halting its advertising on Facebook, joining an ad boycott called for by civil rights organizations aimed at pressuring the social media giant to do more to prevent the spread of hate speech.
"Our brand safety standards have not changed," John Nitti, chief media officer at Verizon, told Ad Age in an emailed statement. "We have strict content policies in place and have zero tolerance when they are breached, we take action. We're pausing our advertising until Facebook can create an acceptable solution that makes us comfortable and is consistent with what we've done with YouTube and other partners."
The ad pause includes Facebook-owned Instagram.
The move came moments after the Anti-Defamation League sent out an open letter saying the wireless carrier’s ads appeared alongside hateful content.
Verizon is by far the biggest advertiser to join the so-called “Stop the Hate for Profit” campaign, which has also lured Patagonia, REI , The North Face, Ben & Jerry's and Eddie Bauer. Omnicom-owned Goodby Silverstein & Partners—whose clients include PepsiCo and BMW—is also supporting the movement.


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Dark & Lovely refreshes its look, feel
There’s a new version of Dark & Lovely on the horizon.
The beauty brand, which has been catering to the hair care and styling needs of African American women for more than 45 years, has unveiled its refreshed look and feel.
Featuring everything from a new logo to brand aesthetic, Dark & Lovely looks to redefine the expectations of cultural and traditional constructs of women of color, the company said.
In addition, it’s looking to address the role hair plays in expression with its Dark & Lovely & __ campaign, which looks to celebrate those who authentically express who they are, and encourages users to embrace their unique styles.
"The Dark & Lovely consumer is bold, she is dynamic and she is constantly changing," Kristen Blandon, the vice president of marketing at SoftSheen-Carson said. "To continue to be the brand she chooses for her evolving hair needs, we must evolve too!"
As part of its rebrand, Dark & Lovely has innovated its Fade Resist and Triple Nourished Silkening Relaxer, and also plans to evolve with new innovations set to launch in 2020.
Shoppers can purchase Dark & Lovely products at Walmart, Dollar General, Family Dollar and Amazon.


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Companies struggling in the pandemic-stricken economy are searching for growth opportunities. Fortunately, there is one resource hiding in plain sight – and it’s in the IT department.
Some 68 per cent of data available to enterprises ends up not being used. That’s the key finding from an IDC survey commissioned by Seagate Technology, published in the report Rethink Data: Put More of Your Business Data to Work – From Edge to Cloud. The remarkable percentage identifies a loss, but also a business opportunity. Improved data management, combined with the new discipline of DataOps, holds the key to this opportunity, not just for IT departments but for businesses as a whole.
When it comes to digital, businesses must adapt to thrive
The key question is not whether a company will be digitally disrupted, it’s how. Consider London’s home-grown fintech champions, such as TransferWise, Monzo and WorldRemit: each has in its own way used a data-driven approach to build compelling products and services that are highly competitive with the established players in the market.
Yet most businesses fall well short of those fintech champions. Harvard Business Review reported that, on average, “more than 70 per cent of employees have access to data they should not, and 80 per cent of analysts’ time is spent simply discovering and preparing data. Data breaches are common, rogue data sets propagate in silos, and companies’ data technology often isn’t up to the demands put on it.”
DataOps to data value
So how can companies ride the digital transformation wave – and avoid being consumed by it?
According to Rethink Data, the top five challenges in putting data to work are: making collected data usable; managing data storage; ensuring needed data is collected; ensuring data security; and making the silos of data available. The good news is that 1,500 global enterprise leaders surveyed for Rethink Data identified the solution: DataOps.
IDC defines DataOps as the discipline of connecting data creators with data consumers. Fundamentally, this means employees talking about data, and using the right language when they do. It means robust data classification, and designating a purpose to each data set. DataOps is about figuring out what we want data to tell us. It’s about relying on technology, such as automation and virtualisation tools, to access data and use it to make better business decisions.
Implementing DataOps leads to better business outcomes – better customer loyalty, increased revenue, profit, and cost savings, better employee retention, and more. DataOps is both the means of digital disruption and the way to prevent falling victim to it.
Its importance means DataOps should not be delegated to IT and forgotten. It should be the responsibility of all business leaders.
The way I see it, the technological implementation of DataOps is essential – and relatively easy. The human part is trickier. DataOps starts and ends with communication – conversations about what we know, and what we want learn. It’s time for enterprise leaders to start having these conversations, stop overlooking the value unlocked by DataOps, and put all their unused data to work.
Jeff Fochtman is senior vice president of marketing and business at Seagate Technology.
Source: Business Reporter


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Bender was awarded a prize at the international level
Bender GmbH & Co. KG received the Best Product of Contest prize (for the best product exhibited) by the Indian Electrical and Electronics Industry (IEEMA) at this year's ELECRAMA 2012.
This coveted international prize was awarded for the insulation monitoring device ISOMETER® isoPV newly developed last year.
The organizers of the ELECRAMA 2012 (the world's largest international exhibition for the Electrical and Electronics Industry) recognise innovative companies, products and services. About 1,000 national and international companies were entitled to enter the competition for the best product exhibited at the fair.


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The new laboratory built at the University of Celaya has cutting-edge technology for proper plastic molding.
The constant growth of the country’s plastics industry forces workers in that sector to be more prepared, which is why the University of Celaya has opened its Plastic Injection Molding Laboratory.
The new lab is located in the also inaugurated Center for Engineering Innovation, which seeks to have greater links with the private sector and support plastics conversion companies, which are booming nationally.
Juan Antonio Garrido, an engineer of Spanish origin who was a consultant for the creation of the laboratory, pointed out that six million tons of plastic are transformed annually in Mexico alone, which represents 2% of global consumption and more significant consumption than on the European continent.
“This means that there is more potential for the development of technologies related to plastic transformation, in addition, the export of finished plastic products exceeds seven billion dollars per year, which is why it is a niche market for entrepreneurs,” he said. .
An international expert in innovative plastic injection processes emphasized the importance of this material, asserting its exponential growth in recent years, as well as its usefulness in everyday life.
“Plastic is probably the most present material in our lives, with a global average consumption of 320 million tons and an average annual increase of 5%, we have it in household items, packaging, industry, among other things. automotive industry, construction, footwear, among others, medical”, he said.
He predicted that the University’s Innovation Center “will have a bright future, both for students studying and for industry to benefit from the multiple advantages offered by the center,” from computer-aided design to employing the latest technology in software and product-use testing .
The latest technology
The new Plastic Injection Molding Laboratory, which was built in just four months, has cutting-edge technology for proper plastic molding. The main horizontal injection molding machine has the capacity to pull out a piece of plastic every 28 seconds as it has a capacity of 1200 kilonewtons.
This injection molding machine requires a consumption of approximately 25 kilowatts, explained engineer Miguel Ángel Hernández, but the new Innovation Center has a hybrid machine, whose main characteristic is that it does not consume electricity until the molding process is carried out.
The innovation center also consists of a laboratory for conventional machines, an automotive workshop, 3D printers and software usage.


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Japan faces prospect of third decade of low growth
News On Japan via guardian.co.uk -- Dec 21
Investors are not ready to bet against Japan. But maybe that's the country's biggest problem.
Until there is a sign that the outside world is prepared to park its savings somewhere else, Tokyo will continue to sail further into debt.
The Bank of Japan delivered its third shot of monetary stimulus in four months on Thursday, adding another 10 trillion yen (£73bn) to the £740bn of electronic money already spent by the bank on its own government's debt.
The move is considered a prelude to more aggressive action next year as the country confronts the prospect of a third decade of low growth.
Like the British chancellor, George Osborne, the incoming government of Shinzo Abe has ruled out a budget stimulus. Creating central bank money is the only game in town as ministers seek to boost the amount of funds available for borrowing.
How long will it last? Until demand pushes up consumer spending and thereby prices and, with the prospect of rising prices into the future, encourages consumers to spend even more.
At the moment companies and consumers are acting as a counterweight to central bank action because they are hoarding their money.
|| X Japan waxes lyrical at Madame Tussauds debut |
| || This Monday, members of the seminal metal band X Japan were in Odaiba rubbing shoulders with the likes of Brad Pitt, Lady Gaga and AKB48′s Yuko Oshima. The catch? They were all made out of wax. (Japan Times ) |
|| Senior Kyodo News official dismissed over improper act |
| || Kyodo News said Monday that it has dismissed Satoshi Kondo, 51, deputy chief of its general administration bureau and former personnel affairs division chief, for meeting individually with a female student searching for a job and doing an inappropriate act.
(Jiji Press ) |
|| Japan's child kidnapping problem |
| || Dozens of American children are abducted to Japan every year-not by strangers, but by parents after messy divorces. (thedailybeast.com ) |


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CarbonCloud has raised €7.5 million to expand its software solution for calculating, monitoring, reducing and communicating the climate impacts of food and beverage products.
- CarbonCloud’s platform helps food and beverage companies to monitor, improve and report on the climate impacts of their product portfolios.
- Climate change cannot be limited without drastic reductions in the emissions of the global food system, but the complexity of its value chain makes it difficult to develop effective strategies.
- The rising expectations of investors and consumers will drive corporate demand for data-driven solutions.
Founded in 2019, CarbonCloud has consulted decades worth of research to develop a climate intelligence platform with a specific focus on the global food industry. With its resulting software solution, stakeholders from across the food value chain can access real-time information on the climate impacts of different products.
The startup’s initial customers include Dole (NYSE:DOLE) Sunshine Company, Oatly (NASDAQ:OTLY) and Tenzing. With its €7.5 million investment, led by Peak and Cusp Capital, it will accelerate its plans for future expansion.
“We have witnessed the food industry waste valuable resources searching for supply chain emissions data but this network problem can only be solved digitally. The latest investment provides us with strong tailwind when rolling out this much-needed digital solution to the global food industry,” said Dr David Bryngelsson, founder and chief executive of CarbonCloud.
The complexity of global food systems
Food production generates around 17 billion metric tons of greenhouse gases each year, around a third of the global total. Estimates suggest that almost 40% of these emissions stem from agricultural production, while 32% arise from land-use conversion and the remaining 29% are split between supply chain activities such as transportation, processing and packaging.
If the world is to achieve its net zero transition, these emissions must be drastically reduced. Indeed, studies have shown that even the complete elimination of fossil fuels would not be enough to limit global warming without the complete transformation of the global food system.
Given the complexity of the food value chain, however, it can be extremely difficult for companies to determine the climate impacts of their operations. Without a clear understanding of the issue, their efforts to make improvements are essentially flying blind.
Furthermore, they are unable to provide their stakeholders with transparent disclosure to help them to identify corporate risks or make comparisons between different products. This creates a lack of accountability, as stakeholders do not have a clear overview on which to base their demands.
Automated mapping to enable informed decision-making
CarbonCloud intends to address these issues, with its platform enabling customers to calculate, monitor and communicate the value chain emissions of their product portfolio.
Its methodology accounts for emissions that are generated throughout each product’s lifecycle, including those associated with agricultural production, processing, packaging and transportation. By following the same rules for every calculation, it ensures that its figures remain consistent and comparable.
At its foundation, the company’s automated software engine uses guidelines established by the Intergovernmental Panel on Climate Change to determine the climate performance of agricultural products. This is then layered with additional data from national and international agencies, businesses and academic institutions, to cover additional factors that can affect the footprint of specific products.
Next, the platform creates a digital representation of each item’s value chain to provide a birdseye view of its Scope 1, 2 and 3 emissions. Through this simple visualisation, users are able to pinpoint their major sources of emissions and identify any opportunities for improvement.
As the software operates in real-time, CarbonCloud customers can repeat this process to monitor the success of their efforts. They can also generate instant reports, which are compliant with recognised standards and can be shared with various stakeholders.
Above all, CarbonCloud encourages its clients to share their findings via its ClimateHub database, which allows companies to benchmark their progress against others in the industry while enabling investors and consumers to compare the impacts of different products.
A timely response to stakeholder demand
In recent years, the food industry has faced increasing scrutiny over the sustainability of its operations. Investors are beginning to recognise the material risks of the sector, while consumers are starting to base their purchasing decisions on environmental considerations.
As stakeholders become more willing to engage in the sustainable transformation of the global food system, they are actively seeking the information that will allow them to do so effectively. Companies that are able to provide such information are likely to remain competitive as they can demonstrate a lower risk profile to investors while appealing to the demands of conscious consumers.
On the other end of the spectrum, those that fail to deliver transparent disclosure will become significantly less attractive. If they cannot assess their environmental impact, they will be unable to address or report on any operational risks to their supply chain. They will struggle to comply with emerging disclosure standards, and are likely to receive significant backlash should they attempt to make claims that cannot be substantiated.
CarbonCloud’s platform could be immensely valuable in helping food companies to navigate these shifts in their market environment. As stakeholder expectations continue to rise, such solutions are likely to be high in demand.


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For the past few days, we’d been overloaded with information pertaining to the upcoming Vivo S6 5G. Yesterday, we’d already seen a pair of alleged live shots of the device, and had also gained confirmation that the device will be driven by a 5G-enabled Exynos 980 SoC.
Right now, Vivo has also released an official promo video of the Vivo S6 5G which officially affirmed the front and rear design of the handset. Similar to what we’d seen from the purported live images yesterday, the Vivo S6 5G will feature a conventional dewdrop-notch display on it’s front panel. The dewdrop-notch will be equipped with a decent 20 megapixels selfie camera.
On the flip-side, that’s where we things get more interesting. The Vivo S6 5G will feature a circular camera module which reminds us of the newly announced Redmi K30 Pro. This huge module is home to a quad-camera setup comprising of a 48 megapixels main shooter, 8 megapixels ultra-wide lens, 2 megapixels macro lens, as well as a 2 megapixels depth sensor.
According to it’s official TENAA listing, the Vivo S6 5G will feature a 6.44-inches AMOLED display which encompasses a 1080 x 2400 pixels screen resolution. Under the hood, the device will have up to 8GB of RAM and as much as 256GB onboard storage space which is further expandable with a microSD slot.
To keep its lights on, there will be a hefty 4,400mAh battery which is expected to support up to 18W fast-charging. On the software-side, the device should boot on the latest FuntouchOS 10 based on Android 10.
For those who’re interested, the Vivo S6 5G will be officially announced on March 31.


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At the start of its biggest week, the Magic Millions community has announced a significant donation commitment to the bushfire recovery fund.
The contribution is expected to raise hundreds of thousands of dollars for those affected by the fires, with owner Gerry Harvey announcing a range of relief pledges.
“Every horse sold at this week’s Magic Millions Sale the vendors will put in $500 per horse.
“Together all of us are going to raise something like hundreds of thousands of dollars.
“The thoroughbred industry has been famous for its generosity.
“Whenever things happen out there in the community, I think nobody responds better than the racing industry.
Please click here to read the rest of the article as it appears on the Racing.com website


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If you made a down payment on a car recently, you might have noticed that you’re spending a little more on it than you’d expected. The same thing might be true when it comes to the monthly payments on your vehicle’s loans. As it turns out, it’s not something in the air or an unexpected feeling; instead, both down payments and loan payments did, on average, increase in the last quarter of 2023.
That’s one of the biggest takeaways from an Edmunds analysis of what people were spending on cars in the fourth quarter of 2023. Edmunds found that the average monthly loan payment rose to $739 and the average down payment was up to $7,074. Comparable figures related to used vehicles were also up in the fourth quarter of last year.
Those weren’t the only indicators that people are spending more on new vehicles. Another statistic on the rise in Q4 was the percentage of vehicle buyers spending over $1,000 per month on their car or truck — a figure that rose to 17.9%, as compared to 15.7% in the fourth quarter of 2022. This could mean more people are opting for higher-end vehicles — or it could be a sign that the market as a whole is trending towards more expensive vehicles.
The End of Affordability: There’s Only One New Car Under $20,000Good news if you’re looking for a Mitsubishi Mirage
There are signs of greater complexity afoot here; Edmunds’ report also notes that a growing number of car buyers in Q4 used 0% APR financing relative to the previous quarter. The company’s head of insights, Jessica Caldwell, addressed what this could mean for buyers in the new year.
“Incentives are slowly coming back as inventory improves,” Caldwell said. “Most consumers are looking for low APRs with longer loan terms, so the growth in those loans is helpful to lure consumers who have been sitting out due to adverse financing and pricing conditions.” For a year with some hard-to-parse sales narratives, this data offers a lot to think about as 2024 begins — whether or not you yourself are in the market for a new car.
This article was featured in the InsideHook newsletter. Sign up now.


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Introducing size limits for fish is the focus of a new campaign in Fiji which targets consumers and fishermen alike.
The 'Set Size' campaign, launched this week by the Ministry of Fisheries, aims to stop the decline of inshore fisheries by encouraging people to avoid catching, selling, buying or consuming undersize fish.
A broad coalition of partners will be working with the ministry to create awareness among Fijians about the sizes fish need to reach to ensure they are breeding and replenishing fish stocks year on year.
Fisheries Minister Semi Koroilavesau said Fiji fishermen were having to go further and further out to sea each year to catch enough fish to feed their families and earn a small income.
He said this was a failing business model and the 'Set Size' campaign aimed to help reverse that trend.
Mr Koroilavesau said the campaign was asking everyone to pledge not to buy, sell or eat any fish that are undersized, so that the fish stock is given the chance to replenish itself.
The initial outreach will focus on compliance, but the Fisheries Ministry is also building up its enforcement capacity to ensure undersize fish are no longer found at fish markets.
The 'Set Size' campaign was designed as the next step for the 4FJ campaign, which focused on grouper, which are some of the most vulnerable fish in Fiji, said Scott Radway, founder of cChange, the non-governmental organization that designed both 4FJ and Set Size to support the Ministry of Fisheries.
More than 10,000 people in Fiji have pledged not to eat threatened grouper species during their peak spawning months, through the 4FJ campaign.
"The 4FJ campaign aimed to help kawakawa and donu recover. The Set Size campaign is designed to help the rest of the fish recover," Mr Radway said.


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ANN ARBOR, MI — Buy a pre-roll and enter a chance to win a golden ticket.
Ann Arbor-based Pure Roots is running a Willy Wonka-style St. Patrick’s Day promotion by giving out five golden tickets valued at $1,000 each. Tickets include $500 cash and the other half as store credit at the Pure Roots marijuana shop, 3430 Washtenaw Ave.
Anyone can buy a pre-roll box between March 10-17 for a chance to win cash. Golden tickets are randomly placed within Pure Roots’ single gram pre-roll boxes.
The shop opened in June 2020, making this promotion the first of its kind at the store for St. Patrick’s Day, said Reni George, vice president of government affairs.
“We thought it would be a good time to give back to the community. We wanted to make it a fun shopping experience and give them a chance to win some money and pay some bills, and get free cannabis,” George said.
The 3,500-square-foot “high-end apothecary-style” store offers a limited curated menu of flower, edibles, tinctures, vape carts, CBD products, concentrates and more. Customers can walk in and pay from one of six kiosks, which owners Mike Yaldoo and Aziz Naser developed, to handle transactions


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- bbc world of news
A labor union in one of the largest capitalist companies in the world.
Amazon, the e-commerce giant created by Jeff Bezoswas forced this Friday to recognize a union in the US for the first time.
The workers of a company warehouse in New York voted with 55% of the ballots in favor to join the association that seeks to promote the defense of their rights.
The group that promoted the initiative was led by former company employee little chriswho became famous protesting safety conditions at the retail giant during the pandemic.
Smalls’ victory marks a major defeat for Amazon, which has fought unionization at its warehouses for decades.
However, things seem to be changing in recent times.
In Alabama, where Amazon faced another similar campaign, unionization did not initially appear to pass, but a series of recently contested ballots could add a new union to the company.
Together, the two elections mark a milestone for activists, who have long questioned labor practices at Amazon, the country’s second-largest employer.
After the count, Smalls left the room tired but jubilant, opening a bottle of champagne that was handed to him by his supporters.
“We did whatever it took to connect with these workers,” he told the crowd, recounting a campaign that began with “two chairs, two tables and a tent” and was based on an online fundraiser.
“I hope everyone is paying attention now because a lot of people were doubting us,” he said.
In a statement, Amazon responded that I was disappointed with the result, assessing how to proceed and singled out regulators for improperly influencing the vote.
“We believe that having a direct relationship with the company is in the best interest of our employees. We are evaluating our options, including filing objections based on inappropriate and undue influence of the [Junta Nacional de Relaciones Laborales]”, the company said.
But who is Chris Smalls and how did he manage to put one of the most powerful companies in the world in check?
A stone in Amazon’s shoe
Born in New Jersey in the late 1980s, Chris Smalls has said he never imagined he would end up fighting to create the first Amazon union in the US.
He was working for the company when he organized a small protest outside one of the company’s department stores in New York two years ago.
But, he told the BBC, he had no intention of starting a fight with Amazon: he just wanted his team to be able to do their jobs safely.
“When the pandemic hit, the employees below me were getting sick. I realized something was wrong,” he recounts.
Amazon fired him, citing quarantine violations.
But his concerns caught the world’s attention, an early sign of a much larger labor battle brewing inside the company.
In the months that followed, as its business surged thanks to the pandemic, Amazon faced accusations around the world that it neglected the well-being of staff, something the company denied.
But Smalls became a character increasingly recognized for being very vocal against the company.
In a leaked 2020 memo, Amazon described Smalls as “neither smart nor eloquent” and argued that becoming “the face of the entire labor movement” would help undermine it.
Smalls, who worked at Amazon for more than four years, working his way up, said the memo caught him by surprise.
Some of his peers and local media called the document racist, though Amazon told reporters at the time that the author was unaware Smalls was black.
“My whole life changed in a minute,” says the now union leader and father of two.
“From there, I started trying to make them eat their words,” he adds.
For 11 months, the 33-year-old and his team waited outside his old workplace, the warehouse. jfk8 in Staten Island, to approach company staff on their way home and persuade them that they needed a union to fight for them in negotiations with Amazon.
Smalls and his team are seeking higher wages, longer breaks, more paid time off and covered medical leave, among other changes.
Voting on the question for union approval began on March 25, and more than 4,000 workers participated in the election.
Amazon will face another similar vote at a smaller warehouse in the same industrial park next month.
Organizers say nothing less than the future of the American worker is at stake.
“We need to disarm Amazon. We need these workers to organize,” Derrick Palmer, who helped Smalls organize his 2020 protest and was also disciplined (but not fired) by Amazon, which cited social distancing violations, told the BBC.
“We need (workers) to know that they have the power.”
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Kentucky Fried Candle The Bluegrass State is celebrated with a line of candles scented for fried chicken, "A Late One" soda pop, and the Kentucky Derby (made with the aroma of Mint Juleps). The limited edition Scents of the Commonwealth go on sale this morning at Kentucky for Kentucky.
What to Look Forward to in 2014 Our sister site, Parade, releases its list of food trends for 2014. Supermarket-sponsored cooking classes and the rise of the "IndieWoman" consumer--single, childless, and over 27--top the list.
Supermarket Collapse Kills at Least 32 A roof collapse at a supermarket in the Latvian capital, Riga, collapsed Thursday night killing more than two dozen shoppers. Soil from a garden being constructed on the roof of the Maxima store may be to blame.
Live Through This Former New York Times food critic Frank Bruni found Courtney Love's cell phone in a cab. "This is the beginning of a beautiful friendship, or at least a signed copy of a Hole album," Bruni told New York Magazine.
(Photo: Kentucky for Kentucky)


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Man, I freaking LOVE Adventure Island. I played the hell out of every version on the NES when I was a kid, and this morning when I heard that Hudson had announced that a new version of the beloved classic was coming to WiiWare, I couldn’t help but smile out of pure nostalgia.
All we know right now is that the game will be completely new and feature Master Higgins. There’s no word as to whether it will be a side scroller like the originals (please God), but it will be released in Europe this April, so we ought to see a US release soon after.
Retro remakes weren’t all Hudson had to show off: also announced was Onslaught, a rather handsome-looking FPS that is set in the future and sends you and your team after a lost research colony. As you can imagine, things get ugly out there pretty quickly. Onslaught allows you to co-op with up to four players and comes out next month in Europe.
Is it just me, or are things looking a little brighter for WiiWare after news like this?


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Safaricom today officially announced a partnership with Kenya Breweries Limited (KBL) to connect and enhance its coolers in a high-tech development expected to transform how Kenyans take their alcohol.
The connected coolers are wired with sensors supported by the Internet of Things (IoT) – the inter-networking of “smart” devices that collect and exchange data. The smart fridges will be provided free of charge to retailers and outlets countrywide.
With the smart fridges EABL will be able to remotely monitor trends in consumption of its beers and spirits across the country. It will pick minor details but which are critical to its marketing and product positioning, such as the temperature a certain bar serves its beer.
Kenya Breweries Ltd Managing Director Jane Karuku, said the company has over the years been looking to bring more efficiencies in its route-to-consumer channels and found technology to be a critical enabler.
“As we move towards improving our cutting-edge our technology in manufacturing and logistics, we are redoubling our efforts in our marketplace as well, to ensure that consumers enjoy our products the way they should,” she said.
This project will also enable KBL to track and invest in coolers to ensure products and innovations reach consumers at minimal cost, delays and wastage.
Ms Rita Okuthe, Chief Enterprise Business Officer, Safaricom PLC said the mobile operator developed an Internet of Things (IoT) solution that consists of devices installed in the coolers that will have sensors to transmit various data. This platform will generate business insights that will assist KBL to optimise the coolers.
Read Also >> BBC Replaces Larry Madowo in Unique Style
For instance, EABL distributors can now tell where their assets are located, if the assets are in use or not (on/off), whether the assets are at the optimal temperature and how many times the door of the cooler is opened. Over 2,000 coolers are already connected.
Looking ahead to 2020, Safaricom aims to be a digital partner for businesses by providing solutions that improve the efficiency with which they do business, saving them money and therefore creating additional value for end-users.
Internet of Things
Besides the connected coolers project, EABL is already partnering Safaricom in driving a cashless payment model among its distributors, who now transact on M-PESA when dealing with retailers.
Safaricom is also planning to bring valuable solutions by leveraging on IoT to deliver smart water metering and animal tracking system. The new Internet of Things (IoT) network will tap into the Safaricom existing 4G network.
In the first half of the financial year 2019/2020, Safaricom invested Ksh17 billion in infrastructure by increased network rollout and acceleration of broadband and fibre deployment.


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Extra-long lorries could be introduced to the roads next year in an effort to ease the shortage of drivers.
The “eco-friendly” lorries would help cut down the number of freight journeys. Longer-semi trailers (LSTs) are up to 2.05m (6.8ft) longer than the current limit of 13.6m (45ft).
The longer design is predicted to help save up to one in eight journeys by fitting more freight in, according to a trial by the Department for Transport.
There is an estimated 100,000 person shortfall in lorry drivers due to workers leaving the country following Brexit and the coronavirus pandemic. And The Road Haulage Association (RHA) welcomed the move to longer lorries, saying it would go some way in easing the jobs crisis.
Duncan Buchanan, policy director at the RHA, said: “This will have a benefit because it will decrease the amount of lorry drivers we need. They are higher capacity, so you need fewer drivers to do the same amount of work”
However he disputed the Government’s claim that the longer lorries would take one in eight vehicles off the road, saying that most operations would not be able to use the new vehicles in their routes.
The Government had initially planned to conduct a 15-year trial until 2027 into the proposed scheme. But wrapped up the project early after deciding that it had produced enough data, The Telegraph reported.
However not all responses to the consultation were positive. 57 per cent supported an early end to the trial but 43 per cent called for LSTs to be removed from the roads entirely, out of concern for vulnerable road users.
Green groups expressed their concerns about the plan, saying that the savings in terms of road miles and pollutants would not make up for the impact on pedestrians and cyclists. They also pointed to the likelihood that roads would need to be widened to accommodate the bigger lorries.
Chris Todd, the director of the campaign group Transport Action Network, labelled the project as “greenwashing in overdrive”. He added: “We know from the nature of the extra swing on the vehicle and the bigger blind spot that it’s going to likely have a more chilling effect on people walking and cycling.”
The chronic shortage of lorry drivers has already affected the supply chains of big food retailers and is expected to continue disrupting service at least until next year.
“Thousands of deliveries are not being completed every week at the moment across the food supply chain. Businesses are fighting fires,” said Shane Brennan, from the Cold Chain Federation.
Tesco reportedly told ministers last month that driver shortages were causing 50 tonnes of food a week to be wasted - enough to fill two large trucks.
Dairy giant Arla, the owner of Evian and Volvic and sweet maker Hariba, also admitted that it was having to delay orders because of a lack of drivers.
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text: Join us as we Keep Rockland Beautiful at the annual Suffern clean-up day. Several Suffern Farmers’ Market vendors will be on hand at the community center/gazebo area at 41 Washington Avenue in Suffern to help us preview the coming outdoor Market season that kicks off May 9 at the A Lot. Stock up on fresh, local produce from DoReMe Farms and homemade natural dog treats from Petie’s Biscuits. Meredith’s will offer their fresh-baked breads and homemade jams and pies. Stay tuned for more info on 2015 Market vendors.


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A significant modernization effort along downtown Victoria's 'Antique Row' has presented an opportunity for downtown residents, merchants,workers and future business operators to re-envision the future of the retail corridor.
The 800-block of Fort Street, which for generations was the Capital’s ground zero for antiques, used furniture and vintage housewares that earned it the moniker, is undergoing redevelopment in the form of three mixed-use residential and commercial projects that will rejuvenate nearly half of the block’s street-side frontage.
With the first building just completing construction, a second green-lighted and a third in the final stages of municipal approvals, the trio of new-builds will deliver 14,000 square feet of retail opportunities to Fort Street and nearly 430 residences catering to young professionals, downtown workers and seniors.
As the projects draw closer, the stakeholders involved are directing their focus towards the community for a conversation on how Victorians feel about Fort Street, and what form the block’s future retail make-up should take.
“Rarely does an opportunity to have an open discussion on the character of the street-level experience of a central city block present itself,and especially one that for generations has been a special destination for Victorians,” says Robert Fung, founder of The Salient Group that is leading two of the development efforts.
“What do Victorians value about this stretch of Fort Street? What do residents, workers, visitors and business owners think the character of Fort Street should be? What is necessary for a truly mixed-use neighbourhood to thrive, to become a destination and a vibrant addition to the downtown core?We’d love to continue that dialogue."
The Salient Group’s projects – a mid-rise nearing completion at 840 Fort Street as the six-storey Sawyer Block with 60 affordable rental suites and 900 square feet of retail space, and a 10-storey building approved at 819-827 Fort Street comprised of 100 rental apartments and 5,000 square feet of commercial/retail space – will collectively yield approximately 6,000 square feet for restaurants, shops,bistros or professional offices. Most notably, both of these projects have retained portions of the original historic buildings on their sites, creating a strong sense that this neighbourhood is evolving on the strength of its character, rather than ignoring its past.
“Our approach is always to try and understand what is in the hearts and minds of the people that really value a place, and to reconcile this with the needs of those that will populate the community we are creating.Feedback and ideas are always welcome,” Fung says.
Individuals wishing to comment on the future of Fort Street and to share their ideas of an ideal mix of commercial services can head to the full article at Citified for more information.
Read the full article at Citified Victoria here: https://victoria.citified.ca/news/victorians-asked-to-weigh-in-on-future-of-fort-street-s-antique-row-retail-make-up-as-new-devs-lead-storefront-revival/
Image Credit: @Kryzzzie/Instagram
We can't wait to welcome the Twisted Fork Bistro into Gastown!
We're eagerly waiting for their doors to re-open next month in their new location at 213 Carrall Street, and know that our neighbours are very excited too. In the meantime, we'll be thinking about the eggs benny and banana stuffed brioche french toast....
We are excited to announce that we are now accepting tenant applications for the Sawyer Block. If you are interested in renting a pet-friendly home located in the heart of Fort Street, please click here to fill out an application form.
The first move-ins will start February 1, 2020, and our fantastic team at Servissio Property Services will be more than happy to speak with you and answer any questions you might have.
We look forward to welcoming you home!
We're excited to show a peek inside Sawyer Block. Progress is being made and the residences are shaping up beautifully.
Above is a picture inside a Type A residence. If you would like to see the floor plans for all the residences, please follow the link provided below!
Please continue to look out for updates as things are progressing at 840 Fort Street. If you haven't registered yet don't forget to do so using the link above.
Robert Fung has taken his first step in helping to revitalize the 800-block of Fort Street. Next month he intends to take a leap.
The president of the Vancouver-based The Salient Group has been watching over construction of his 60-unit rental project at 840 Fort St., that will bring micro-suites to the block this winter. In September, he seeks approval from the City of Victoria for a 101-unit rental building that could change the dynamics of the street, if not the look of it.
Fung is hoping the project at 819-827 Fort St., which will maintain the historic facades of a pair of Fort Street buildings while bringing a range of rental housing and 5,000 square feet of commercial space to the neighbourhood, will continue the rebuild of the block. If this latest project gets the green light Sept. 5, he will be responsible for a large chunk of re-energized real estate on the block, but Fung is the first to credit his new neighbours for breathing life into the street.
Click here to read the full article by Andrew Duffy at the Times Colonist.
On Tuesday, August 20th, 2019, Robert Fung of The Salient Group was joined by The Government of Canada at a special housing announcement for the Sawyer Block at 840 Fort Street - Salient's exciting new project in downtown Victoria with 60 purpose-built rental apartment homes. In attendance was special guest Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development and Member of Parliament for Spadina - Fort York.
Sawyer Block is being funded with a $13.25 million loan from the federal Rental Construction Financing Initiative - a program offered by Canada Mortgage and Housing Corporation to provide low-cost financing for rental projects. The federal government expects the federal financing initiative will encourage the construction of 42,500 rental units across the country through the course of the 10-year, $55-billion national housing strategy
The CRD’s housing-needs assessment has noted that by 2038 Greater Victoria will need 34,000 rental units in the region.The project at 840 Fort St. aims to help in at least one segment of the rental market. Robert Fung, chief executive of the Salient Group, which is building the $15.5-million Sawyer Block project, said the micro-suites are geared toward workers in the tech and service sectors. Of the 60 units, 44 are micro-lofts and the other 16 are one-bedroom units.
Read the full article at the Times Colonist here.
Citified's Ten on the 10th is a monthly question-and-answer segment connecting our readers with the insight and knowledge of Victoria's top real-estate and business professionals.
May's Ten on the 10th features Robert Fung, founder The Salient Group, a Vancouver-based real-estate development firm.
Asking the questions is Ross Marshall, Senior Vice President of the Victoria offices of commercial real-estate brokerage CBRE. As a leader in facilitating large-scale commercial real-estate transactions throughout the Capital Region – which include apartment complexes, industrial retail and office properties, and land/development opportunities – Ross and his team are at the forefront of market-leading real-estate transactions on Vancouver Island.
Read the full article here.
The Sawyer Block was constructed in 1909 and was a mainstay commercial building for almost a century. Vacant since 2005, it was the former home of Sawyer Sewing Centre for 35 years, who is still in business today on Douglas Street.
On Monday July 9, 2018, Salient started on its rejuvenation plan for the Sawyer Block at 840 Fort Street. Construction is expected to take about 16 months. Once completed, the Sawyer Block will be a six-storey rental building consisting of 60 new urban studios and junior 1-bedroom homes as well as ground floor retail space.
STAY TUNED for updates on this new exciting project!
Link to project updates: www.sawyervictoria.ca
On January 1, 2018, Shannon Rae took over as the Managing Broker and Senior Property Manager at Servissio Property Services Ltd., Salient’s fledgling property management arm. Little did we know that Shannon is also a fierce competitor, avid sailor, dreamer and adventurer.
As Skipper of the Geminis Dream Team, Shannon is leading an all-female sailing crew across the Pacific Ocean in the VicMaui International Yacht Race this weekend. This power team of 6 includes: Shannon Rae, Nicole Speckmaier, Marisha Schaefer, Elaine Dumoulin, Lizzie Whetstone and Karri Alderson. Shannon was diagnosed with a rare and aggressive ovarian cancer three years ago (which she has successfully beaten), and when she was given the news her first thought was to sail to Hawaii!
The boats set sail from Victoria, BC on June 30th and the journey will take 14-16 days over 4,200km of Pacific Ocean before they arrive in Maui, Hawaii.The Geminis Dream Team is only the second all-female crew ever to compete in the VicMaui. They will be sailing in style, in a sleek, 44’ Jeanneau yacht built in 1992 and dubbed “Geminis Dream.”
The Geminis Dream Team is setting a goal to raise $10,000 towards the BC Cancer Foundation so that we can continue to work towards finding a cure for those who have had their lives impacted by cancer. All expenses occurred on this journey will be out of pocket and every dollar donated will go directly towards the Foundation.To date, Geminis Dream has reached 55% of their goal. If you would like to support this team in their journey, please click the link below to donate and read more about Shannon’s story: BC Cancer Foundation.
We are incredibly proud of Shannon and her team and are anxiously waiting for their safe arrival to Maui! We wish you all the best and good winds – Go Geminis Dream Team!
To continue following Geminis Dream on their journey please visit: http://geminisdream.com/.
A spate of new retailers is coming to one of Vancouver’s oldest neighbourhoods, including international brands locating some of their first Canadian locations in the historic Gastown district known for its cobblestone streets and Victorian street lamps.
H&M’s upscale fashion brand, COS, opened a 3,000-square-foot store at 18 Water Street last month. The Swedish giant had opened three central Canadian stores in the previous 18 months and selected Gastown as home to its first store in Western Canada. Now comes word that international brands such as Filson and Bailey Nelson are planning to open stores in Gastown and that Vancouver-based handbag manufacturer Herschel Supply Co. is preparing to open its first corporately owned store in the neighbourhood.
The newcomers are expected to add a new vitality to the area, but their interest in locating in Gastown is not a surprise to executives at Fluevog Shoes, which has operated a 5,000-square-foot store in Gastown for almost a decade.“We like the mix of creative people in the neighbourhood and the tourist traffic that comes here as well,” said the company’s COO, Adrian Fluevog, echoing sentiments expressed by many area retailers. “We’re very happy with our store’s performance and have made it our flagship store.”Fluevog has watched the street evolve and said he thinks traffic has picked up in recent years.
Filson CEO Steve Bock told Business in Vancouver that he decided to locate his 12-store chain’s first Canadian store in Gastown because the area is “gritty” and has a heritage look that reflects well on his brand, which is 120 years old and was founded to supply durable clothing to prospectors during the Klondike gold rush. Because Filson is a Seattle-based company that has most of its sales in the Pacific Northwest, Bock said choosing to open in Vancouver before opening in Toronto felt “natural.” The 3,000-square-foot Filson store at 47 Water Street in Gastown is slated to open April 28 and is part of a wave of new stores that Filson is opening to boost its growth rate after decades of slow expansion. The company intends to open four other stores this year, including one in Toronto.
Australian optical chain Bailey Nelson will open its first Canadian store – a 1,200-square-foot boutique – on Vancouver’s Robson Street in June. A month later will come the brand’s second Canadian premises, a 1,700-square-foot store at 202 Carrall Street in Gastown. Bree Stanlake, Bailey Nelson’s North American managing director, said Gastown’s young demographic and high concentration of artists was one of the reasons why her 27-store eyewear chain chose to locate in that district.The company has so far operated only in Australia and New Zealand. Vancouver beat out Toronto as the site for a first Canadian store because Vancouver’s culture is similar to that of Sydney, she said. “Although Sydney is much warmer and a little more conducive to surfing and water sports, people in Vancouver are very much into having an outside lifestyle,” Stanlake said.
As for Herschel, it plans to start constructing a 5,000-square-foot flagship store at 347 and 349 Water Street in Gastown, and to open the store in 2018, principal Jamie Cormack told BIV. He and brother Lyndon Cormack chose to locate the store in Gastown because that is where the duo founded their handbag manufacturing and retailing company. The two also like the area’s demographics.All these developments prompted retail analyst and Retail Insider Media owner Craig Patterson to say Gastown is basking in a “cool moment.” He added that the area benefits from heritage architecture, an overall historical aesthetic, decent foot traffic, lots of tourists and rents that aren’t as high as in some other parts of the downtown.“ Having the Downtown Eastside nearby doesn’t help but that’s a whole different story,” he said.
Read full article here: https://www.biv.com/article/2017/4/vancouvers-gastown-enjoys-retail-renaissance/


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McCarthy Tire Service Co. Inc. has divested of four retail tire locations in the last year. That may not seem noteworthy for a tire dealership so heavily focused on the commercial tire business. But President John McCarthy Jr. maintains retail tire service is a profitable and important part of the company’s strategy.
The nation's largest independent tire dealer has added to its service offerings. In all of its 1,090 stores Discount Tire and America's Tire will sell and then install — for free — windshield wiper blades.
Monro Inc. has named an automotive industry veteran as its new CEO and president. Michael Broderick will take on the top role at Monro, the nation's third-largest independent tire dealership, on April 5.
Tire Discounters Inc. is expanding again, this time with the acquisition of Porterfield Tire Inc. With two retail stores in Georgia, adding Porterfield Tire also signals a major shift for Tire Discounters: the nation's eighth-largest tire dealer is entering the commercial tire business.
Leeds West Groups has expanded into a new market — Colorado Springs — with the purchase of two Big O Tires stores. The acquisition gives Leeds West 18 stores in Colorado, and 109 total locations across the U.S.


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3D Printing News Alert(3D printed ‘Silicon Valley’ of Africa)
According to jpost.com,” About 40% of 3D printers worldwide are manufactured by Israeli companies. The new facility is the first of its kind in Africa—it relies on the latest 3D software for prototyping and includes twenty-three advanced 3D printing machines”.
The inauguration of the facility, Cameroon’s Education Minister Jacques Fame Ndongo thanked Israel and praised “the product of its ingenuity known since ancient times.” Israel’s Ambassador to Cameroon Ran Gidor expressed the hope that Cameroon will become “the Silicon Valley of Africa.”
This entry was posted in 3D Printers, Extruder, Scanners, and cost., 3D Printing challenges, Housing construction., 3D Printing industry news., 3D Printing information., 3D Printing Market share., SV3DPrinter.com Policy. and tagged 3D printed 'Silicon Valley' of Africa, 3D Printing News Alert(3D printed 'Silicon Valley' of Africa), ISRAEL NEWS, Israeli embassy in Yaounde, jpost.com.


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According to shipping data, an estimated an estimated $9.6bn of goods each day is being held up by the stranded Ever Given mega-container ship in the Suez Canal since Tuesday. That is equivalent to $400m an hour in trade along the waterway which is the most critical water passageway between the East and West.
The value of the westbound traffic through canal is about $5.1bn a day with an estimated daily traffic of around $4.5bn, according to data from shipping expert Lloyd’s List.
According to salvage companies, it could take weeks before the stranded ship could be salvaged and the canal made free for traffic.
One of the biggest container vessels of the world, the Ever Given vessel is operated by the Taiwanese company Evergreen Marine and has a length of four football pitches. The 200,000-tonne ship is capable of carrying 20,000 containers.
Other ships trying to pass through the Suez Canal have been blocked because of the stranded ship.
With about 12 per cent of global trade moving through it, the Suez Canal is one of the busiest trade routes in the world and separates Africa from the Middle East and Asia.
There are currently more than 160 vessels waiting at either end of the canal according to Lloyd’s List tracking data, which include 41 bulk carriers and 24 crude tankers.
In addition to oil, mostly consumer products such as clothing, furniture, manufacturing components and car parts are ferried through sea routes.
“We’re hearing reports now that shipping companies are starting to divert their ships around the southern tip of Africa, the Cape of Good Hope, which adds about 3,500 miles to the journey and up to 12 days,” Guy Platten, the secretary general of the International Chamber of Shipping, said in a television interview to the BBC.
Since the ship was appeared to be “hard fast aground”, therefore it was taking much longer to free the vessel from the bank and the process of salvaging the vessels was more complicated than rescuers had initially anticipated, he said.
Explaining that consumers would ultimately bear the cost, Platten added there would be “some major real-world effects on the supply chain”.
The Ever Given had been scheduled to arrive in the port of Felixstowe in early April.
With the rapid expansion of global trade, the size of container ships have almost doubled in size in the past decade which has made the task of moving them very difficult when such huge vessels get stuck.
“What are we thinking? Have vessels gotten too large? Containers being jettisoned overboard, delayed transits due to terminal congestion and let us not forget the long line of vessels at many ports waiting for a berth,” said Jon Monroe, who runs his own ocean transportation consultancy.
There will be addition in delays with its impact on supplies, said BIMCO, an international shipping association.
“For each day of delay my thought is it will take two days to undo the delays,” said Alan Baer, president of logistics provider OL USA. “Right now three days creates six days of ongoing delays. I’m not sure this is a perfect formula, but it will be close,” he said.
In addition to delaying thousands of containers loaded with consumer items, the stranded ship has also tied up empty containers which are needed for exports.
If the delays are short, most companies will absorb the extra delay in transit times. But salvage officials said the congestion could last days or even weeks, in a blow to global supply chains already strained by the Covid-19 pandemic.
Some companies will be considering flying replacement merchandise for higher value products, or transporting them via trains.
Two major shipping companies, Maersk and Hapag-Lloyd, said they are looking into options to avoid the Suez Canal.
Egypt’s Suez Canal Authority (SCA) said it was doing all it could to refloat the ship with tug boats, dredgers and heavy earth-moving equipment.
Kitack Lim, secretary general of the International Maritime Organisation, said: ” I am aware of the implications of the temporary closure of the canal, and I ask for patience from stakeholders across the supply chain as everyone works to ensure that the ship, its crew, its cargo and the environment remain protected.”
(Adapted from BBC.com)


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India's two-wheeler sales are expected to contract by 1-4 per cent year-on-year (YoY) in FY22 due to weak festive season performance, ICRA said on Monday.
Accordingly, the rating agency cited that the relentless increase in prices of two-wheelers coupled with record-high petrol rates kept consumers away from dealerships. "The entry-segment (75-110cc), which dominates 2W (two-wheeler) sales in India, has remained subdued this year, reflecting extensive (and extended) impact of the second wave of the pandemic. The lacklustre festive season performance also highlighted continued wariness among the low-income population regarding big-ticket purchases," said Rohan Kanwar Gupta, Vice President and Sector Head, Corporate Ratings, ICRA.
"On the financial front, given the high operating leverage of the industry, subdued demand and elevated raw material costs are expected to keep the operating margins constrained for the two-wheeler OEMs (original equipment manufacturers) in the current fiscal," Gupta said. Besides, the agency said rural offtake has lagged urban, possibly due to moderated agri-sentiments caused by uneven monsoons and delayed harvesting across regions.
Furthermore, for the urban markets, the agency's report said that the delay in reopening of schools and colleges, weak income sentiments due to job losses or salary cuts and extended work-from-home policies by corporates, have impacted its sales. Additionally, it claimed that finance companies have remained cautious because of an increase in delinquency levels. India's domestic two-wheeler sales for the first seven months of FY22 were flattish at 8.05 million on a YoY basis, despite a "severely contracted base", it added.
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
Wankhede plea: Bombay HC refuses to 'gag' or 'disbelieve' Nawab Malik
22 November 2021
In a significant observation, the Bombay High Court said on Monday that the allegations levelled by Maharashtra minister Nawab Malik against Narcotics Control Bureau (NCB) Zonal Director Sameer Wankhede and his family cannot be...
Consumption Demand Making Strong Comeback: RBI Governor
17 November 2021
Reserve Bank of India governor, Shaktikanta Das, on Tuesday said that consumption demand triggered by the festive season is making a strong comeback.
Speaking at the eighth SBI Banking & Economics Conclave, he said: "There...
People May Have Been Holding Almost Rs3.3 Lakh Crore in Cash: SBI
Moneylife Digital Team
15 November 2021
Currency in circulation (CIC) has remained constant during Diwali week in 2021 even with record purchases. As per estimates by the State Bank of India (SBI), because of the COVID-19 pandemic, people may have been holding as much as...
India's October Wholesale Price Inflation Rises to over 12%
15 November 2021
Higher prices of primary goods along with food articles and fuel cost stiffened India's October 2021 wholesale inflation on a sequential and year-on-year (y-o-y) basis.
Accordingly, the annual rate of inflation, based on...


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One of Africa’s most trusted smartphone brands is moving in on the South African youth market, writes ARTHUR GOLDSTUCK
Recent developments on regulating artificial intelligence may provide guidelines for South African lawmakers in drawing up regulations for the sector, writes FATIMA ISMAIL of Webber Wentzel
By DORIO BOWES, commercial director at Westcon-Comstor Sub-Saharan Africa
StuDocu, the higher education EdTech platform created for knowledge sharing, which now has over 100,000 users in South Africa, launched its second annual StuDocu World University...
Three years after Nissan first demonstrated a brain-to-vehicle interface, NextMind has brought Mercedes-Benz into the B2V space, and has opened the technology to developers, writes ARTHUR...
Amazon has ventured into building smart TVs, building on its Fire TV offerings. The TVs are not available for direct purchase in South Africa.
The new build mode in Fallout 76 gives players a fresh way to build, customise and create on Appalachian soil.


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Just this month, we’ve seen different handset launches from Panasonic. Smartphones like Eluga 3 and Eluga 3 pro have earned a lot of appreciations from users in India.
Now, new reports have seen the company releasing an upgraded variant of the Panasonic P77 that saw a launch in India last year.
This new edition of the P77 device rolls out in a 16GB internal storage, compared to the 8GB that came with the original variant.
Priced at Rs. 5,299, this new edition is said to be made available exclusively through Flipkart and will come in White and Grey color options just like its predecessor.
Coming to specs, the handset runs on Android 5.1 Lollipop and comes packing a support functionality for 4G only on one SIM card slot at a time.
The dual-SIM handset bears a 5-inch HD (720×1280 pixels) display and is powered by a 1GHz quad-core processor paired with 1GB of RAM.
In the camera department, the Panasonic P77 brings an 8-megapixel rear camera tagged with LED flash and a 2-megapixel front camera.
As per storage, the handset offers 8GB built-in storage with an option to expand via microSD card (up to 32GB). The handset is backed by a 2000mAh battery.
Talking about connectivity options, the Panasonic P77 comes with support for 4G VoLTE, Wi-Fi, Bluetooth, and A-GPS. The device measures 143x72x7.6mm.
To recall the company launched the Panasonic Eluga 3 and Eluga 3 pro which both highlighted a massive 4000mAh battery.


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Hopes of a return to normality across global supply chains after Chinese New Year in February have been brought into question, with the suggestion that it may be Q4 before the situation eases.
According to a report in The Loadstar, two major analysts – Drewry and MSI – have stated that they don’t expect the supply chain crisis and elevated freight rates to change significantly before the end of next year.
In its latest Container Forecaster report, Drewry suggested that supply chain turmoil will last longer than anticipated, with a senior researcher claiming: “We had expected more progress at this stage. The deteriorating situation makes us think the problem is much deeper-seated than feared, with the pandemic bringing forward latent crises within certain sectors.”
The report concluded that the consensus view from conversations with a selection of industry professionals is that the end of 2022 is “a more likely timeframe” for recovery. This aligns with what Toy World was told by several key people within the shipping community several months ago.
Elsewhere, Maritime Strategies International analyst Daniel Richards is quoted as saying that “freight rates are more likely to move sideways rather than dramatically downward next year, since the task of reducing the level of congestion and backlogs across the system will take time, and the prevailing level of container demand will remain healthy.”
Drewry has upgraded its outlook for average global freight rates for this year. Continued high spot rates, together with what it perceives as a catch-up in long-term contract rates, has led Drewry to upgrade its forecast for combined spot and contract rates for 2021 to a year-on-year increase of 126%.
The impact of this is likely to see record profitability for ocean carriers yet again in the third quarter. Drewry says it now expects the liner industry to clock up an eye-watering ebitda of $150bn this year, up from its previous forecast of $100bn. “With regulators breathing down their necks looking for evidence of unethical activity, shipping lines are on the defensive, and recent moves by some to cease further spot rate increases need to be viewed through the prism of a PR war,” suggests Drewry.


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Paytm, India's largest digital payments service provider, aims to break even on an operating basis by September 2023, as it struggles to appease investors following a disappointing initial public offering in November 2021.
The company, which is backed by Japan's SoftBank Group and China's Ant Capital, said on Wednesday that its monthly transacting users exceeded 70 million in the fourth quarter of its fiscal year that ended on March 31, 2022, and projected strong growth prospects.
Paytm's shares were up 5 per cent to 642 rupees ($8.5) at 11.24am UAE time, following the announcement.
"We are encouraged by our business momentum, scale of monetisation and operating leverage," said Vijay Sharma, founder and chief executive of Paytm.
"We expect this to continue, and I believe we should be operating Ebitda [earnings before interest, taxes, depreciation and amortisation] break even in the next six quarters (ending September 2023), well ahead of estimates by most analysts," Mr Sharma said in a note to shareholders.
"We are going to achieve this without compromising any of our growth plans."
Paytm's $2.5 billion IPO on the Bombay Stock Exchange, India's biggest, was touted as a bellwether that the South Asian country's appeal to global capital was growing. However, the company, which listed as One 97 Communications, lost over a quarter of its value on its trading debut.
It has also been hit by regulatory challenges. Last month, the Reserve Bank of India barred Paytm's Payments Bank venture from accepting new customers. The action was based on certain “material supervisory concerns” and the restrictions will continue pending a comprehensive audit of its information technology systems, the Indian central bank said.
The company's shares remain about 70 per cent below the 2,150-rupee listing price.
Despite the IPO debacle, the company is sticking to its business plan that scaled up because of the “necessary capital” the company acquired, Mr Sharma told The National in December.
“The best part about the IPO is that we welcomed [a larger] number of people as shareholders. We are seeing tremendous uptake of the credit business, which is bringing money to the bottom line,” he said.
On Wednesday, Paytm confirmed that its adoption by merchants had increased to 2.9 million devices and that its platform has disbursed more than 6.5 million loans per quarter.
"Against the backdrop of volatile market conditions for high growth stocks globally, our shares are down significantly from the IPO price," Mr Sharma said in the note.
"Rest assured, the entire Paytm team is committed to build a large, profitable company and to create long-term shareholder value. Aligned with this, my stock grants will be vested to me only when our market cap has crossed the IPO level on a sustained basis."


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Netherlands-based retailer deploys TradeCard’s cloud-based global trade platform
New York — TradeCard, a supply chain collaboration and global trade platform, announced that women’s apparel retailer MS Mode has successfully deployed TradeCard to eliminate costs and improve efficiencies in its global supply chain.
The TradeCard solution allows MS Mode to transition away from agents and handle sourcing in-house without increasing overhead.
“Connecting our trading partners on one global network with automated documents and workflows will improve communication from order through settlement,” said Linda Hoebe, CFO of MS Mode, which operates 413 stores throughout the Netherlands, France, Belgium, Luxembourg, Germany and Spain. “TradeCard allows us to handle sourcing in-house and manage by exception, reducing costs and minimizing errors. Access and connectivity through the platform allows us to eliminate letters of credit when sourcing from Bangladesh.”
It’s all relative on the global stage
Walmart president and CEO Mike Duke frequently asserts no other global retailer is better positioned than Walmart, and it is easy to see why he holds that view especially when compared with the situation at the world’s second largest retailer.
France’s Carrefour this week reported disappointing 2011 financial results and said it would curtail investment in new and existing stores while cutting its dividend in half to 0.52 Euros from 1.08 Euros. To put that decrease in perspective, recall last week that Walmart investors were underwhelmed when the company wasn’t more generous with its cash and said its 2012 annual payout would increase only 9% to $1.59.
Meanwhile, not only did Carrefour halve its dividend, investors were left staring at a string of other negative numbers as operating profit and net income also declined on sales that rose a meager 0.9% to 81.3 billion Euros. Carrefour’s biggest problem is its exposure to European markets that are slow growing even in the best of times. The company derives 72% of its sales from its home country of France and other European nation’s where 52% of its 3,582 stores are located.
Walmart may not be setting the world on fire in terms of exponential percentage increases over prior year figures, but compared to Carrefour’s woeful performance it looks mighty good.
Institute aims to keep Walmart honest on sustainability front
Walmart is guilty of greenwashing to enhance it corporate reputation, and it would take the company three centuries at the current pace to reach its goal of being supplied 100% by renewable energy, according to a group critical of Walmart sustainability efforts that others have lauded.
“Walmart’s sustainability campaign has done more to improve the company’s image than to help the environment,” said Stacy Mitchell, a senior research and author of the report “Walmart’s Greenwash,” that was published this week by the Institute for Local Self-Reliance (ILSR).
For starters, who even knew such a group as the Institute for Local Self-Reliance existed, let alone had been around for 38 years. Not that the organization’s obscurity diminishes its perspective or findings mind you, it’s just that Walmart has faced similar greenwashing assertions ever since its sustainability initiatives were formally announced in the fall of 2005, but more often than not environmental groups have tended to give the company credit for making progress and demonstrating a genuine commitment to integrate sustainability into business processes. However, as the ILSR report points out, since 2005 the number of Americans with an unfavorable view of the company has fallen by nearly half, from 38% to 20% and therefore the company’s efforts are dismissed as greenwashing because it contends real progress is lacking.
For example, the report contends Walmart derives only 2% of its U.S. electricity from wind and solar projects, its greenhouse gas emissions are increasing rapidly, and because it places price pressures on manufacturers they in turn provide poor quality goods that don’t last, which contributes to a sharp increase in the amount of stuff Americans buy and a doubling of the trash households generate. Walmart continues to build sprawling stores on undeveloped land near older stores it has abandoned and it has made little progress on a goal of developing a sustainability index to rate consumer products, according to the report. Lastly, the group contends Walmart’s share of the U.S. grocery market is driving increased consolidation and industrialization of the food supply, which harms the environment and small-scale agriculture.
At this point it is worth recalling that the acronym ILSR stands for Institute for Local Self-Reliance, and the group’s mission is to provide innovative strategies, working models and timely information to support environmentally sound and equitable community development. Or put another way, to hinder the growth of large corporations and retailers in particular. For example, the organization’s site provides a “Big Box Toolkit,” which is a step by step plan for countering larger retailers’ expansion efforts, and the author of the “Walmart Greenwash” report also published a book in 2007 called “The Big Box Swindle,” which asserted that mega-retailers are responsible for many of society’s most pressing problems, from the shrinking middle class to rising pollution and diminished civic engagement. Given this background it’s not surprising that Walmart’s progress and ongoing efforts in the area of sustainability would be dismissed as greenwashing.


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The former leader of Advanced Micro Devices' graphics chips unit is jumping to rival chipmaker Intel Corp. Raja Koduri announced his resignation from AMD on Tuesday after serving as senior vice president and chief of architecture for the Sunnyvale-based company's two-year-old Radeon Technology Group. By Wednesday morning, reports began floating that he might join Santa Clara-based Intel but the company didn't make an official announcement until Wednesday afternoon.
The whole thing makes no sense to me on both accounts. Why is Intel using an AMD graphics chip in a MCM when they could have used NVidia and is Intel planning on developing a competitive graphics device of their own?
Because nVidia and Intel aren't on speaking terms. Haven't been for years. Not to mention, nVidia is not that interested in customizing their products for customers. Which is why AMD has owned the console market for the past few years.
Intel wanted the product now, or back then and not some time in the 2020s. So AMD was more or less their only choice.
I am impressed with what you did with this group. More vibrant and alive than it ever has been.
Buy AMD shares, because the chipmaker can compete against Nvidia in A.I., analyst says Rosenblatt Securities raises its price target to $40 from $30 for AMD shares, citing the chipmaker's process manufacturing lead versus Nvidia. The new forecast represents 34 percent upside to Monday’s closing price and is the highest target of the 24 analysts who cover AMD on Wall Street, according to FactSet. cnbc.com
Jefferies says AMD could triple its market share due to Intel's supply problem cnbc.com As a result, the analyst predicts AMD may be able to triple its market share to 30 percent of the processor market from 10 percent today.
Analyst downgrades AMD shares, saying its soaring stock now 'reflects irrational expectations' Northland Capital Markets lowers its rating to market perform from outperform for AMD shares, predicting Intel will eventually improve its chip offering. “We think the [AMD] shares price reflects irrational expectations," the firm's analyst Gus Richard says. cnbc.com


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The new streaming service is also planning a Workaholics movie.
The successful comedian gives an incredibly intimate look behind the scenes at her personal and professional lives.
Whatever heat Schumer took for her outspokenness on the 2016 election hasn't stopped her from using her platform to support her friends and fellow women.
While she'll continue to polarize audiences, a sweet Netflix deal would be the perfect avenue for both her and the streaming company.
In a recent interview, Tig Notaro distanced her Amazon series 'One Mississippi' from Louis C.K. despite the beloved comedian being an executive producer.
Schumer may sell tickets at movie theaters and arenas, but she insists she's not on the same level as those two "legends."
This marks the second year in a row that Schumer's been the lone female listed in Forbes' famous ranking.
"Last Fuckable Day" exists in response to the sexual politics that required Joan and Bette to become enemies.
Out of the 876 Netflix subscriber reviews, 710 of them rated the special one star. "What the eff happened, Amy??"
"Every comic has some special where they wear all leather and they regret it later. This is my f*cking moment!"


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There’s one thing certain about the upcoming CES in Las Vegas: there will be tablets galore. The runaway success of the iPad coupled with the lackluster sales of PC notebooks has forced computer brands to develop their own tablets, lots of them. FoxNews claims to have uncovered these images of HP’s PalmPad, set to make its debut at CES. HP is expected to bring out three models of the PalmPad with slightly differing hardware, all running WebOS 2.5.1.
The PalmPad will come packing a few features so far missing from Apple’s iPad, like an HDMI port and both front and rear-facing cameras. It will be slightly thinner and lighter with a similarly-sized screen, and will run on Sprint’s 4G network. Also in the works, but not being presented at CES, is a fourth model custom-tailored for university students and sporting an 8.9” screen.
So far, so good, but I don’t see any major innovation—just an iPad ripoff with a different OS. I have to question using the Palm name, which takes most of us back to those Palm Pilot things we dragged around before smartphones came along. HP has already struck out once with its HP Slate, which came and went very briefly this fall.
It’s nice that FoxNews is so impressed with this iPad wannabe, but the PalmPad better come equipped with some flashier bells and whistles—and a lower price tag—if it expects to compete with the second generation iPad coming in spring 2011. (ipad net)


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With the persistence of uncertainty in the economy, sometimes it's just nice to hear a success story, such as the story of Tony Lee, co-owner of Ring Masters, a manufacturer of engine rings in Massillon, OH. Lee was recently featured on the Yahoo! Driven blog for how he went from janitor at the factory when it was owned by diversified manufacturer Eaton Corp. to co-owner when Eaton slated the factory for closure in 2002.
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The entire story is interesting – Lee wasn't a millionaire or even a college graduate when he set about to save the factory and his job. But it was something at the end of the piece that really caught my eye:
"And he's still inspiring his co-workers and employees by working side-by-side with them on the factory floor. Tony says he 'leads by example' and would never ask an employee to do a job he wasn't willing to do."
We've heard it time and time again: Workers pay attention to what leaders pay attention to, what they measure and what they control. If they see you putting your blood, sweat and tears into the company, they're more likely to be inspired to go above and beyond as well.
Lee's success is tangible: Nine years after convincing a group of investors to join with him in buying the company, it now has annual sales of more than $4 million and plans for expansion.
The leaders' actions embed culture in an organization. And culture is a key element for success in distribution – David Sandler, CEO of MSC Industrial Supply called it the "secret sauce" of the company in an interview with MDM.
And I'm certain it played a key role in Ring Masters' success.