text: Scientific-Atlanta Inc, the maker of communications network products and one of the world’s largest manufacturers of set-top boxes, warned its investors last week that its first quarter results would fall well short of expectations. The company blamed the growing global economic crisis saying that international sales had fallen by more than half to just $54m. In contrast, domestic sales into US markets grew by $24m but total revenues and new orders were still down sequentially on the fourth quarter the company revealed. Total revenues for the quarter are set to fall by 15% to $257m while orders are down 6% to $300m and earnings per share are likely to be in the $0.03 to $0.05 region. This is less than a quarter of the consensus of expectations. The revenue decline resulted from poor sales to international customers of satellite systems, particularly into India and Eastern Europe, and from a decline in demand for analog set-top boxes.


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Phoenix – Cushing will serve as assistant vice president of leasing.
Phoenix – Jenny Cushing has joined Vestar as assistant vice president of leasing and will be responsible for overseeing and growing the company’s leasing efforts through California, Arizona and Nevada. Prior to joining Vestar, Cushing worked in the leasing efforts of American Realty Capital Properties/Cole Real Estate Investments. She managed a portfolio of 50 shopping centers totaling 10 million square feet, leasing more than 2 million square feet, with a transaction value of more than $200 million.
— Scott Reid

domain: news


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The leading FEC operator in the region, The Entertainment & Education Group (TEEG), is all set to open its 15th and largest Timezone venue in Singapore, at the Westgate Mall this December.
Encouraged and motivated by the overwhelming popularity of its first flagship venue at Vivocity, the new Westgate venue is 50% larger, at [...]
Zone Bowling and Timezone Spin into Auckland
The Entertainment and Education Group (TEEG), one of the largest family entertainment centre operators in the region, wows audiences once again with the opening of a fantastic new venue, just in time for the start of the school holidays. Zone Bowling Botany, which includes a Timezone venue [...]
Timezone is bringing video gaming back to Palmerston North in a new arcade.
The parlour will open in the Downtown on Broadway shopping centre on Saturday, with a grand opening [...]
Just in time for the start of the holidays, The Entertainment and Education Groupâ€™s (TEEGâ€™s) brand new, 3 million-dollar Timezone venue in Newmarket, Auckland welcomed its first guests.Â Newmarket is the 4th new venue for TEEG to have opened in New Zealand in the last 12 months, with another 4 new venues on the way to open late 2020.Â
The Education and Entertainment Group (TEEG) recently celebrated the retirement of Gary Walker, who headed up the TEEG New Zealand business. Gary, along with Stuart Jones, founded Coin Cascade Ltd back in 1978, and grew the New Zealand company into the leaders of out of home entertainment. From humble beginnings of purchasing, manufacturing and siting [...]
As mall landlords look to transform traditional shopping centres into "living centres", there has been a rapid-fire expansion in the number of entertainment and lifestyle venues leasing out space once earmarked for department stores and fashion outlets.
Landlords see this shift in tenant mix as a way to not only internet-proof their centres [...]
New Kingpin in Canberra is the 50th venue opened by the family entertainment centre operator this year with plans for 50 more in 2020
The Entertainment and Education Group (â€śTEEGâ€ť), the largest operator of Family Entertainment Centre venues in the Asia Pacific region has opened its 300th venue, a Kingpin, at the Civic shopping [...]
Surfers Paradise, Gold Coast, QLD: The iconic 5,000 square metre Timezone at Surfers Paradise has unveiled the incredible makeover that breathes new life into one of the countryâ€™s most famous indoor family entertainment centre. Having closed for renovations since July, the worldâ€™s largest Timezone reopened its doors at 10am on Saturday 9 November [...]


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For the first time in two decades, the Rittenhouse Square BYOB destination Audrey Claire (20th and Spruce Streets) is offering weekend brunch.
Menu has a Middle Eastern/Mediterranean approach, including shakshuka, a mezze platter, hummus and laffa, and a lamb burger, plus fruit mixers.
Sibling restaurant Twenty Manning Grill (20th and Manning Streets) started brunch early this year, shortly after Rouge owner Rob Wasserman bought both restaurants and installed Michael Yeamans as chef at both 20th Street restaurants.
Founder Audrey Taichman said AC offered brunch about a year after its 1996 opening. While it was busy, she texted Thursday, "I couldn't stand waking up that early."
Hours are 10 a.m. to 3 p.m. Saturday and Sunday. It's cash only. Unlike Audrey Claire's usual policy, reservations are being taken.


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Fortnite can sense like a game of milliseconds, and Apple has booted the popular online recreation from its Application Retail outlet in a equally rapid total of time. This instant has been a extended time coming, as Epic Video games CEO Tim Sweeney has prolonged railed on Apple for its company practices in the iOS App Retailer.
This booting happened on August 13, hrs following Epic Online games added a new way to pay back for merchandise inside of its Iphone and Android apps. This is in violation of Apple’s rules since Apple will not tackle the payments itself, so Epic doesn’t have to share the conventional 30% of its profits with the Apple iphone maker.
Apple isn’t the only 1 to take action from Epic and Fortnite. Google removed the video game from Google Perform as effectively, citing the identical issue with in-app purchases as Apple.
If you might be pondering why Epic would consider to steer clear of giving 30% of its profits to Apple and Google, a SensorTower report identified that Fortnite raked in far more than $1 billion USD in the iOS and Google Participate in shops.
And it appears Epic and Fortnite have been currently organized for this response, saying Nineteen Eigthy-Fortnite, a shorter you can enjoy down below. In the clip (an obvious riff on Apple’s 1984 Tremendous Bowl professional, which positioned the enterprise as innovative) an Apple-headed male on a collection of displays celebrates the “anniversary of the platform unification directives” and proceeds to yell about how “they” (application builders, it appears) have given labor and dreams, and in exchange the firm has taken control and profits.
When the voice says “we shall prevail,” a rainbow-haired Fortnite character breaks the monitor by throwing a unicorn-headed pickaxe into it. It’s pretty much a shot for shot remake of the previous ad.
It continues to replicate the more mature advertisement, stating:
“Epic Games has defied the Application Retail outlet Monopoly. In retaliation, Apple is blocking Fortnite from a billion devices. Sign up for the fight to prevent 2020 from getting to be ‘1984.’”
For those people way too younger to keep in mind, in this article is the unique Apple 1984 ad:
An Apple spokesperson told The Verge that “Epic Video games took the unfortunate move of violating the App Retail outlet rules that are utilized equally to every single developer and made to preserve the keep secure for our end users.”
Shortly thereafter, Epic introduced it would be taking Apple to court docket, tweeting a website link to its authorized submitting. This is a transient flavor:
“Rather than tolerate this balanced levels of competition and contend on the merits of its providing, Apple responded by eliminating Fortnite from sale on the Application Store, which suggests that new end users can’t download the application, and consumers who have already downloaded prior versions of the application from the App Retail store are not able to update it to the most recent model. This also signifies that Fortnite gamers who downloaded their application from the Application Shop will not receive updates to Fortnite as a result of the App Shop, both routinely or by hunting the Application Store for the update. Apple’s removal of Fortnite is but yet another illustration of Apple flexing its huge energy in order to impose unreasonable restraints and unlawfully manage its 100% monopoly above the iOS In-App Payment Processing Current market.”
What Google did
As Apple and Epic exchanged accusations, Google took action of its personal, eliminating Fortnite from Google Perform. According to a Google assertion, “we can no longer make it offered on Participate in due to the fact it violates our guidelines. However, we welcome the option to carry on our discussions with Epic and bring Fortnite back to Google Enjoy.”
You might be however able to sideload Fortnite on to your Android mobile phone by putting in it specifically from Epic’s webiste. (In fact, initially, that was the only way to download the Android edition of Fortnite a handful of many years back.) The application continues to be out there from Samsung’s Galaxy Retail store.
What comes about up coming
Epic is also rallying people to protest Apple’s selection with its #FreeFortnite campaign, and the company also shared an FAQ about the entire predicament to tell its aspect of the tale.
The timing of all of this feels incredibly intentional on Epic’s component, screening how Apple would react to a breach of its payment policies whilst it is beneath elevated scrutiny. This past June, the European Union opened antitrust investigations to assess how Apple conducts company in the App Retail store.
Epic isn’t really the only crew pushing at Apple’s guidelines, as Basecamp’s Hey email app also attempted to break the rules about how you list an app on the Application Retail store. Quickly, Hey identified a workaround by supplying folks burner e mail accounts to take a look at things out, and Apple permit them back again in the App Retailer.
Apple was also just one of the organizations less than scrutiny from the U.S. Government when Tim Cook (together with Amazon’s Jeff Bezos, Google’s Sundar Pichai and Facebook’s Mark Zuckerberg) was questioned by lawmakers on Capitol Hill at the finish of July.
In an interview with CNBC earlier this 12 months, Sweeney produced his criticism for Apple obvious, calling the App Retail outlet an “complete monopoly.”
Amazon and Spotify’s exceptions
As reported by The Verge, Apple’s not particularly strict with its 30% rule, cutting Amazon a offer for half that fee, only using 15% of Amazon purchases produced in its iOS and iPad applications. Spotify is also acquiring a decreased fee, as Apple uncovered in 2019 that it collects a 15% price on payments manufactured by Spotify subscribers who signed up among 2014 and 2016.
It is really unclear which actions Apple and Epic will consider up coming, but we are going to be preserving an eye on items to see who budges initial. Continue to be tuned to Tom’s Information for far more about Fortnite’s Epic fight in opposition to Apple’s principles.


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Lithium-ion batteries made from cobalt, which is obtained in very dangerous conditions. Apple, Google, Dell, Microsoft, Tesla is accused of inaction
The largest tech giants on the planet have become defendants in the case of the death of children in the mines of the Congo. This is a collective lawsuit against 14 children and their parents, who accused Apple, Google, Dell, Microsoft, Tesla assistance and support for child exploitation in the extraction of cobalt, writes The Guardian.
In the Democratic Republic of the Congo holds about 60% of the world’s supply of cobalt. This metal is a necessary element for creating lithium-ion batteries that are used in all modern gadgets: smartphones, laptops, electric vehicles and others.
The lawsuit was filed by the lawyers of the organization for the protection of human rights International Rights Advocates. They say that Congolese children were killed in the mines, extracting the cobalt. Victims want to receive compensation for forced labor, unjust enrichment, negligent supervision and intentional infliction of emotional distress.
Apple, Google, Dell, Microsoft, Tesla, first encountered such legal allegations. The plaintiffs claim that their children are illegally employed in mines from the British company Glencore. The latter was sold to the Brussels trader Umicore, which tech giants have purchased the cobalt. Also, the plaintiffs say worked at the mine, owned by Chinese company Zhejiang Huayou Cobalt.
Working in the mines children received $2 per day for the extraction of cobalt-containing ores in dark underground tunnels. Others receive $0.75 per day carrying heavy sacks of ore.
To apply for this job children makes poverty. For example, one of the plaintiffs says that his niece was forced to go into the mine after her family could not pay $6 a month for school.
Human rights activists say that Apple, Google, Dell, Microsoft, Tesla knew about the origin and production conditions used in their products of cobalt. The use of children and the neglect of working conditions allowed technocumbia to obtain a significant financial advantage.
Write to us.


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Yesterday, Sergey Brin no less was photographed at a charity event in San Francisco with Tech evangelist Robert Scoble while he was wearing a pair of Google’s Augmented Reality prototype specs called Google Glasses. Scoble tweeted, “The Google Glasses are real! Here is a set on @sergeybrinn cofounder of Googl@Palace Hotel, San Francisco.” Including the picture above, he also added that the glasses looked very light and not much different from a regular set of glasses. In another tweet, Scoble said, “Sergey wouldn’t let me wear the Google Glasses but I could see they were flashing info to him. I so want one of these!”
After acknowledging that Google was indeed working on the eyeglasses that could stream data to the wearer’s eyes in real time, the search giant posted a video on YouTube showing someone wearing the glasses as he made his way around a variety of Manhattan venues while receiving updates by the minute through the glasses. It seems that Google have thought of no one else to help publicize the pair of augmented reality glasses that they are trying to complete. It seems smart to get people excited about it by putting it on someone as prominent as Sergey Brin, not to mention a lot cheaper.
Next Story: Google Project Glass already has rivals


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Wholesale trend: Vehicles with titles nearly two times more likely to sell
When finance companies need to send collateral to the wholesale market, Cox Automotive data shows how much better the sales processes unfolds if the vehicle title is available.
The company research indicated vehicles holding a title are nearly two times more likely to sell off auction lots on the first pass than vehicles without titles.
To help both dealers and finance companies take advantage of this trend, Dealertrack’s Accelerated Title solution can create cost savings through faster, electronic payments to finance companies, which can enable title release to dealers as quickly as four to six days, significantly speeding the standard payoff and title release process by up to 70 percent.
In a post-sales peak automotive retail climate, in which it’s reported dealers pay approximately $32 per day on average in holding costs for vehicles that sit on lots, Dealertrack acknowledged that dealers simply cannot afford to let time kill their bottom line.
“Identifying profit opportunities for dealers and lenders through our network continues to be top-of-mind for Dealertrack,” said Todd Hutto, vice president and general manager of lender DDS/CMS Solutions at Dealertrack.
“We’ve seen titled vehicles sell at a faster clip in our current environment, creating a clear opportunity for dealers looking to move inventory faster, ultimately reducing holding costs to boost profitability," Hutto continued
Dealertrack’s finance company network now can support approximately one in every four title trade-in transactions with an outstanding installment contract in the U.S.
“Time is money for dealerships today more than ever before,” said Heather Webster, controller of Yark Automotive Group of Toledo, Ohio. “Having a vehicle’s title in hand can make all the difference as to whether I win, lose or draw on a piece of inventory.
“Having a turn-key solution that ensures speed and accuracy to secure a title puts the odds of turning a profit more squarely in my favor,” Webster continued.
For more information on Accelerated Title, visit this website.


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The gap between high-achieving digital fashion labels and those who trail behind is growing, as brands with larger budgets to invest in innovation are speeding ahead of the pack.
Apparel and accessories
- No categories
Adidas Football is bringing in the next phase of its history with an unorthodox approach: a new, exclusive application that allows users to customize their own cleats.
Sweet, a Snapchat-only lifestyle publication borne out of a partnership between Snap, Inc. and Hearst Magazines, is partnering with Everlane to offer ordering through the social media platform.
NEW YORK – Consumers no longer think in terms of platforms the way they are traditionally defined and instead expect mobile, online and offline retail experiences to match up, an executive from American Apparel said in a panel.
Victoria’s Secret is influencing its millennial demographic to come into its bricks-and-mortar stores through a special Snapchat freebie, in an adapted version of its iconic coupons.
PALM SPRINGS, CA – A Zappos executive during the Mobile Shopping Summit 2016 explicated that while mobile micromoments are fleeting, retailers need to fine-tune every inch of the customer journey to make these moments impactful.
Apparel retailer Lands’ End is opting in more subscribers to its text message service by offering a discount for sign ups, but it is its eight-texts-per-month limit that will help it win out.
As the share of traffic on its homepage is increasingly taken up by mobile, backpack and school supplier Jansport redesigned its Web site to be more mobile friendly, generating a 28 percent click-through rate on its mobile homepage.
Hudson Jeans is partnering with a fashion data company to drive product sales and help its female customers determine a better fit for their denim through a mobile-optimized quiz hosted on its Web site.
Victoria’s Secret has partnered with the Joe Jonas-led pop band DNCE for a new music video that showcases the retailer’s newest lingerie collection and enables viewers to shop the featured products via a link in the caption.


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Will launch in 2023
The Assassin’s Creed Showcase Left Me In The Shadows
Here’s why we’re excited about Assassin’s Creed Mirage
A release date has yet to be announced
Want to stay on top of the latest gaming news from your favorite source? Join our list for daily updates!


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New York—The New York Times Co. announced that advertising revenue declined 6.8% to $244 million in the second quarter compared with the year-earlier period.
Total revenue declined 0.6%, while circulation revenue increased 8.3%. Digital revenue fell 4%, primarily due to lower revenue at the About Group (which includes About.com). Total paid digital subscriptions rose 13%, to 532,000, as of March 18. Last March, the Times Co. introduced a metered subscription model for its digital subscriptions. Earlier this year, the Times Co. moved its paywall to 10 free articles a month to nonsubscribers, instead of 20.
Excluding depreciation, amortization, severance and special items, operating profit increased 6.5% to $78.1 million compared with the year-earlier period.


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Tokyo-based electronics company Murata yesterday unveiled a small humanoid robot that can unicycle forward and backward and is also able to stop without falling over.
Murata’s new robot is called Seiko-chan (”little Seiko” in Japanese) and stands 50cm tall (weight: 5kg). Seiko-chan is equipped with a slant detection function and a balancing system that is placed in its chest. Users can control the robot girl via Bluetooth and a built-in wireless camera.
The future today. Soon all clowns will be obsolete.


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By Jason Norman
GILBERT, AZ—One organization is based in the West; the other is based in the East. One is for-profit; the other is a nonprofit.
"One Rider, One Survivor” is a 91.1K bicycle ride on Saturday, September 10. Each rider will be riding for an unnamed survivor of the September 11 tragedy ten years ago.
NEW YORK, NY (BRAIN)—The number of commuter bike riders in New York City increased 14 percent compared to last spring, according to Mayor Michael R.
BOULDER, CO (BRAIN)—The ultimate bargain treasure hunt for cycling enthusiasts is headed East. VeloSwap has earned a reputation as one of the largest consumer cycling shows in the country, offering deals for cyclists in Denver for more than two decades.
WASHINGTON, D.C. (BRAIN)—The long-term future of the federal investment in transportation—including bicycling—remains uncertain.
DUARTE, CA (BRAIN)—Dahon is introducing a hologram program to better protect retailers and consumers from counterfeit products. The system's goal is to make it easy to distinguish fake products being sold at retail.
BOULDER, CO (BRAIN)—Skirt Sports has hired Leanne Hand as its vice president of marketing.
CINCINNATI, OH (BRAIN)—Outdoor Industries Women’s Coalition (OIWC) has a rejuvenated mission and vision and is also launching a new advocacy program.
PHILADELPHIA, PA (BRAIN)—Advanced Sports International (ASI) has hired Milay Galvez as its new professional sponsorship manager.
OLNEY, IL (BRAIN)—Hoss Active Sports Group (HASG) has opened for business distributing Challenge tires, Silca pumps, Echowell computers and Hiplok security products in the United States.
A group of current and former military personnel set out on a 1,900-mile bicycle trek on Wednesday in an effort to raise awareness about homeless veterans.
The Vet Hunters, as they call themselves, are traveling from Los Angeles to St. Louis helping homeless veterans get services on the way.
KENT, WA (BRAIN)—Seattle Bike Supply has hired Doug Stuart to oversee its marketing department.
Most recently Stuart managed the North America aftermarket sales and marketing arm of Taiwanese suspension supplier SR Suntour.
Two of BRAIN's biggest issues are coming up, which means Jason Norman is once again looking for some fresh product picks. The drill is simple: a short product description, high res image, retail price and company contact info. No frames or completes.
LOS ANGELES, CA (BRAIN)—Swrve, an urban cycling apparel manufacturer, has traded downtown LA for northeast LA.
BEAVERTON, OR (BRAIN)—Yakima has named Bobbie Parisi as director of global marketing.
OSAKA, Japan (BRAIN)—Sales in Shimano’s bicycle components segment increased 3.3 percent for the first six months of the year as the world economy remained on a modest recovery track, the company said in an earnings report released Wednesday.
PARK CITY, UTAH (BRAIN)—If one thing was clear after the first day of DealerCamp: it’s gained ground with vendors. About 130 companies representing 200 brands set up tents in the parking lot of the Deer Valley Resort Monday night. That’s up from 27 companies and 51 brands last year.
VANCOUVER, British Columbia (BRAIN)—Just nine short weeks after resurrecting Race Face, the company has hired Dave Murray to be its new operations manager—tasked with streamlining both Canadian and off-shore manufacturing.
MUNICH, Germany (BRAIN)—Bike Expo reported a 14 percent increase in industry visitors at this year’s show with more than 6,500 in attendance from 50 countries, according to a post-show press release issued by its organizer, Messe München.
SAN JUAN CAPISTRANO, CA (BRAIN)—Attendees at this year's Outdoor Retailer Summer Market will have plenty of opportunities to spend time on two wheels, thanks to new and returning programs designed to expand the cycling footprint at the annual Salt Lake City expo and Open Air Demo at Jordanelle State Park in Park Cit


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As Android 12 is going live on AOSP and going to release soon the update for Samsung Galaxy S10e is Unknown. But we expect the release period to be around January to April 2022 or earlier. Since Samsung is currently releasing Beta version of Android 12 for Samsung S21 series One UI 4 features list will officially release soon. We will update.
small cow squishmallow
highlights for children
|You loaded this Main Page on Monday, 2022-09-19 T 21:51 styrofoam dragon egg.|


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China producer price index fell 0.3% in July, first time in three years
Aug 12, 2019 (China Knowledge) - According to the National Bureau of Statistics (NBS) , China's producer price index fell 0.3%YoY in July, the first decline on an annual basis since August 2016.
Among Chinese industries, oil and gas extraction, and paper and paper product manufacturing saw the steepest factory price declines, down by 8.3%YoY and 7.1% YoY, respectively.
With trade tension between China and the U.S. saps demand at home and abroad, Chinese manufacturers are cutting prices to keep market share. Meanwhile, falling prices for crude oil, iron ore and other raw materials also played a role.
As U.S. President Trump tweeted to impose 10% tariffs on the additional USD 300 billion in Chinese imports from next month, export orders are expected to slacken due to weak global demand.
Weakening producer prices could add to worries about debt problems and default risks for Chinese companies as economic growth hit 27-year low.\
The People’s Bank of China is expected to further cut banks' reserve requirements in coming months to free up more funds to lend. The government has also tried to ease pressure on corporate balance sheets by cutting taxes and fees.
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Ancillary companies that provide products tied to home cannabis cultivation might find some promising opportunities way south of the U.S. border.
Stores are popping up all over Uruguay to cater to a burgeoning number of home marijuana cultivation enthusiasts, according to a report from Fox News Latino.
There are at least 20 stores in the country peddling soil for cannabis, books on cultivation, marijuana gardening gear, irrigation systems, temperature and humidity controls, and other cultivation-related products. Some U.S.-based companies might be able to find a foothold in these stores, if they haven’t already.
Residents are allowed to grow up to six plants at home, but they have to register with the government. Registration for home growers opened in August last year, leading to the boom in home cultivation products.
Demand probably won’t slow down any time soon either, because it looks as though the government-run marijuana growing and retailing program likely won’t be getting started any time in the near future.
So the only supply for recreational users will continue to be either from the black market or personal cultivation.


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| May 19, 2014
| 3:20 PM
GoPro, the maker of the small video cameras worn by athletes, is planning a $100-million initial public stock offering, the company disclosed through its first public filing with the Securities and Exchange Commission.
The filing, released Monday...
| Jun 16, 2014
| 10:09 AM
Ahead of what is expected to be a blockbuster initial public offering this year, Chinese Internet giant Alibaba Group Holding has filed an updated prospectus containing new details of its finances and partnership structure.
In the amended filing Monday...
| Apr 25, 2014
| 2:13 PM
BEIJING — DMG Entertainment, the Beijing-based company that co-produced Hollywood films including "Iron Man 3" and "Transcendence," is in the process of going public on the Shenzhen Stock Exchange.
The move will see DMG enter the exchange...
| May 12, 2014
| 12:30 PM
CANNES - Alibaba, the Chinese home shopping giant which last week unveiled part of its plans for a massive IPO in New York, has set up a film company.
According to a regulatory filing it registered Alibaba Films Group as a Hong Kong-based company in...
| May 16, 2014
| 5:07 PM
Auto-buying website TrueCar Inc. rose in its trading debut after it raised $70 million in an initial public offering.
TrueCar gained 12% to $10.06 at the close of trading Friday. The Santa Monica company, which provides pricing and vehicle data for...
| May 22, 2014
| 7:13 PM
A single encouraging IPO can't cure all that's gone awry lately for Chinese stocks, the technology sector or the market for initial public offerings.
But the closely watched debut of Chinese e-commerce company JD.com Inc. did more than its part...
| Jun 6, 2014
| 4:30 AM
LONDON -- After announcing plans to acquire a controlling stake in media conglomerate Network18 last week, billionaire Mukesh Ambani's Reliance Industries is planning to list its home shopping network HomeShop18 on the New York Stock Exchange....
| May 6, 2014
| 6:48 PM
Chinese Internet behemoth Alibaba has filed to sell shares in the U.S., the first step in what is expected to be one of the biggest initial public offerings ever.
The company, bigger than Amazon.com Inc. and EBay Inc. combined, said it was raising $1...
| Mar 24, 2014
| 11:21 AM
GrubHub, the Chicago online takeout ordering company, on Monday set a price range for its initial public offering at $20 to $22 a share, according to its filing with the U.S. Securities and Exchange Commission.
That would value the company, which merged...
| Apr 6, 2014
GrubHub Chief Executive Officer Matt Maloney wore a new navy, pinstriped, three-piece suit to his company's debut on the New York Stock Exchange on Friday. And true to the tech-sector advocate he is, he bought it from another local startup, Trunk Club,...
| Apr 8, 2014
| 8:30 AM
Imax Corp. is selling a 20% stake in its China operation to a Chinese investment firm, an $80 million deal that will pave the way for an initial public offering.
Imax said Tuesday that the investment by CMC Capital Partners would be paid over two...


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May this year the American Tier-1 VC firm Cottonwood Technology Fund announced the establishment of its European Fund, Cottonwood Euro Technology Fund (CETF). CETF had raised an initial investment fund of €10 million to invest in early stage high-tech startups. Ray Quintana, Netherland’s lead General Partner at CETF, said back then to StartupJuncture that the sweet spot of their investments lies between 2 and 3 million euro’s, but investments can range form as low as 500K to up to 5 million. Upgrading the fund to presumably €30 million by the end of this year is postponed to ‘1st half next year.’
In the meantime CETF has added a number of interesting partners to its team. CETF announced last week that the three partners of The Source and Job Elders would be joining CETF as ‘special limited partners.’ As a serial entrepreneur Elders founded five MEMS companies. He was previously also the executive director of the Enschede Innovation Fund.
The Source is a company founded by Maurits van Oranje and serial entrepreneur Felix van der Houwen. Maurits van Oranje is a cousin of King Willem Alexander. The Source focuses on supporting startups and established companies with a turnover of 1-150 million euro to grow rapidly. In 2011, serial entrepreneur Michel van Honk joined the company.
“In Cottonwood we have found a kindred spirit in understanding the mechanics involved in taking a great idea to a great product and a great company. We are excited to join forces with them and bring a comprehensive approach to supporting companies at the earliest stages”, says Van Oranje.
The role of special limited partners is to support CETF management in the selection of portfolio investments and subsequently provide these companies the strategic and operational expertise and know-how they need to grow fast.
“It is humbling and an honor to receive the endorsement and support of two very prominent business leaders in The Netherlands so early in the founding of our European Fund,” says Quintana in the announcement of the partnership. “Their success in the Dutch ecosystem and global marketplace, their experience coaching and managing businesses at all stages and their ability to help connect Cottonwood and our companies to the best resources available will be invaluable to insure the success of our European operations.”
Photo Credit: Adnergje


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Mango farmers will have to wait a little bit longer for export certification as Kenya Plant Health Inspectorate Services, KEPHIS awaits relevant data from the pest free zone areas in Makueni and Elgeyo Marakwet counties.
KEPHIS Managing Director Esther Kimani says the self-imposed ban will continue indefinitely as there is no enough proof that Kenyan mangos are fruit fly free to warrant export accreditation from European and the US markets.
Export of mangoes to traditional European markets and the new US market was to resume this year.
But the plans have been shelved indefinitely after KEPHIS called for more time to study and present relevant data on pest free areas of Elgeyo Marakwet and Makueni counties before acquiring certification.
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The self-imposed mango export ban which was put in place in 2014 after Kenyan mango consignments were intercepted on several occasions has seen Kenya mango farmers loose close to Ksh11 billion in exports.
A section of governors from mango growing regions are calling on the government and other development partners to increase investments in efforts to contain the fruit flies that has seen mango post-harvest losses averaging between 30-80 percent.
the county bosses have also been advised to step up efforts to curb the highly migratory fruit fly to ensure mangos produced in the country meet the required international safety standards.
Australia, Seychelles and Mauritius are also some of the countries that have banned mango imports from Kenya due to the fruit fly menace.
Tell Us What You Think


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Omni-Channel 2012: Cross-Channel Comes Of Age
When RSR first started conducting cross-channel benchmarks, our going-in thesis involved testing whether retailers thought multi-channel retailing was an important priority. At the time, not all of them did. Today, we find ourselves at a new inflection point — no longer is the discussion about whether cross-channel is important. Instead, whether they view it as strategic or not, every retailer recognizes that if they are to have a future, cross-channel will have to play at least some kind of role.
This year's study also found that retailers are learning that their cross-channel shoppers are increasingly just shoppers, and that their biggest challenge is in how to merge the digital and physical selling worlds into one compelling, seamless customer experience.
Key Findings of the Research:
- For the first time in RSR's six years of benchmarking cross-channel maturity, the number of retailers reporting that their cross-channel shoppers are significantly more profitable than single-channel channel shoppers has declined, from its peak of 50% in 2011 to 38% of respondents in this year's survey.
- While 100% of responding retailers believe that the customer shopping experience should be consolidated across all channels for a consistent experience, only 32% have achieved that goal.
- Not having a single view of customers across all channels has risen as the top inhibitor for 55% of retailers. Retail Winners feel more strongly than other retailers that consolidating customer data across all channels is a prerequisite to prioritizing integrated cross-channel capabilities.
- A single customer interaction platform that crosses channels, enterprise-wide customer insights, and an enterprise-wide marketing/promotions platform are the top three investment priorities for the next 12-18 months.
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New attempt to promote Korean companies to domestic and foreign markets in post-coronavirus era!
Medical Devices Industry Fostering and Innovative Medical Devices Supporting Act came into effect on May 1. It is expected to be a starting point for accelerating the development and commercialization of innovative products in Korea’s medical device industry, and it will foster the medical device industry and expand new treatment opportunities. It is meaningful in the way that it accelerates the development and commercialization of innovative products and industrial development at the present time when the medical device companies are actively developing technologies and entering the global market.
For this, MIK HOT SPOT, the online exhibition for investment and business expansion of the innovative companies in KHIDI Health Industry Startup Innovation Center that will lead Korea, opened on April 30. As the business through online is rapidly growing due to the coronavirus issue, various attempts are being made to activate online business and investment in preparation for non-face-to-face economic growth.
Online exhibitions are expected to become a trend rather than countermeasures in the post-coronavirus era, and many company supporting organizations including KOTRA, KITA, and KOSMES are making various attempts to promote online exports.
AVING NEWS, Korea’s only convention media and online exhibition center by itself, began this project to help small and medium-sized Korean companies to enter the domestic and foreign markets through MIK Hot Spot (Made in Korea Online Exhibition) on its way to become the global online hot spot.
The online exhibition consists of opening the MIK ONLINE HOT SPOT exhibition, business introduction video for buyers and investors, domestic and global promotion, target promotion for MIK HOT SPOT network, and post-management after contacting the buyers and investors, open for 365 days a year.
A total of six companies participated in the MIK Hot Spot_KHIDI Health Industry Startup Innovation Center. △Atommerce △Coreline Soft △Clips △PaxGenBio △NGeneBio △INTHESMART
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Atommerce Mindcafe Psychological Research Institute is an on-offline platform where pain can be shared and expert psychological care can be received. IT professionals, psychological experts, and psychiatrists created the community called Mindcafe for the first time, and a 1:1 psychological counseling platform that enables online psychological counseling with experts called Mindcafe Pro is also operating. And, there is also the offline center Mindcafe Psychological Care Center.
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The biggest feature of Coreline Soft’s lung cancer checkup system is that it is the cloud-based solution. Users connect to the cloud to read using the same software, and the deviation between each reader is reduced. The reading result is transmitted to a place called a quality management server in the cloud, and then it is converted into a DB through the transmitted data. The data made into DB can be monitored by accessing it from the management center.
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Clips’ limbal stem cell therapy excludes the components of animals from the culture method. It is a treatment that secures safety by eliminating the risk of rejection when performing corneal transplantation or limbal stem cell transplantation. Also, by developing an in vitro transplantation culture method, healthy parts of the limbal tissue were collected, and safety was improved to reduce deficiency of limbal stem cells.
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PaxGenBio developed the time and money-saving MPCR-ULFA platform technology. MPCR-ULFA technology does not use high-price devices and reagents, and it can be used in various countries like Southeast Asia and South America where there are many patients at affordable prices. Unlike other microarrays, it is easy to perform quality control very conveniently at low cost.
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NGeneBio, which participated in the MIK Hot Spot (Made in Korea Online Exhibition) KHIDI, introduced the genetic breast cancer and ovarian cancer diagnostic products. BRCAaccuTest and BRCAaccuTest PLUS developed by NGeneBio are made with NGS technologies that can quickly and stably detect specific genes involved in the development and progression of breast and ovarian cancer. Analysis software NGeneAnalySys NGS can analyze genomic data produced through equipment and provide clinical results reports. The official explained that this can significantly reduce the diagnostic time.
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NTHESMART’s 4K surgical fluorescence endoscope system ITS Model-L6K uses real-time fluorescence imaging technology to the Real UHD (4K) endoscopic system function, enabling vascular flow, anatomical structure, and lymph node observation after ICG contrast injection. Through this, by checking the anatomical structure even during surgery and minimizes bleeding, helping to reduce the operation time and recovery time of the patient. Beginning with fluorescence endoscopes for surgery, INTHESMART is preparing to expand its business to hardware medical devices that incorporate various advanced technologies such as artificial intelligence-applied safety diagnostic devices and smart robotic prosthetics.
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The products and services of the major companies of KHIDI Health Industry Startup Innovation Center in the MIK Hot Spot (Made in Korea Online Exhibition) will also be displayed in BIO KOREA 2020. Asia’s biggest bio convention BIO KOREA 2020 co-organized by KHIDI and Chungbuk Province and sponsored by MOHW will be open online due to the COVID-29 pandemic on May 18-23. Virtual exhibition halls, conference, and business forums will be operated, and the companies will be promoting their competitiveness. Also, with video meetings, businesses between overseas speakers, buyers, and domestic and foreign participating companies will be made.
The global news network AVING News has begun holding the MIK Hot Spot (Made in Korea Online Exhibition) to help small and medium-sized companies enter the market and attract investment 365 days a year. AVING News has been running online exhibitions since 2005 and had 975 online exhibitions so far. Its YouTube online exhibition has placed itself as Korea’s largest online exhibition hall that opens with 19,000 videos (booths) with more than 800,000 visits per month which means more than 10 million visits per year.
The MIK Hot Spot online exhibition is scheduled to be held regularly according to the field, target market, and participating institutions, and it will be presented as a new type of online business by transforming the know-hows and values of the participating companies according to the trend. Companies that want to participate can apply and apply through the marketing support projects from supporting institutions in the local governments. Refer to the institutions for more information.


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"Richard Petty Offers High Performance Speed Shop"
By: Petty Family
"People are holding on to their cars longer these days. In fact, the average age of a car on the road is over twelve years old," said Chris Hussey, manager of Petty's Garage. "We can reinvent or increase the horsepower of just about any car, and we've done so for regular folks as well as celebrities."
Those satisfied celebrities include Kid Rock, Tim Tebow, and Brian Johnson, front man with AC/DC.
"Basically, Petty's garage is for anyone who is looking for more power or to restore their car to its high performance greatness," said Hussey. "Plus, there's always the chance you'll run into the King himself while you're here at the shop."
"I've been building hot rods ever since I was a little kid and my bicycle wouldn't go fast enough," said Petty. "Our crew here at the garage has that same kind of drive to succeed for their customers."
Petty's Garage specializes in everything American muscle! Our master engine builders can upgrade stock engines to generate upwards of 1000 horsepower, develop and hand-fabricate performance parts for stock vehicles, and restore/modify old cars to the highest standard in the industry. All of these services and much more can be found online at pettysgarage.com
Let Petty's Garage start a new project for you, or upgrade your current vehicle. For more information visit www.pettysgarage.com .


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Article from the AP about a click fraud lawsuit. This is the first lawsuit Ive heard of being filed against Google and other pay per click engines.
A Texarkana gift shop that advertises on the Internet has filed a lawsuit against America Online, Google, Yahoo and other Web-centered companies alleging they knowingly overcharged the shop and other companies for "pay per click" advertising.
Lane’s alleges a conspiracy in which the companies worked with one another to create an online environment that harms advertisers.
This might be pretty hard to prove but will be interesting to see what happens.


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U.S. Postal Service Finds Bright Spot
by Xavier Walton, email@example.com
From closing on Saturday's to losses worth billions of dollars, in recent years the U.S. Postal Service has made national headlines for all the wrong reasons.
However, in light of the decline we bring you some good news, the U.S. Postal Service has been seeing an increase in package deliveries.
Like most businesses today, the Internet has become a big component for the U.S. Postal Service. Over the past five years online shopping has boosted their package deliveries to all new highs.


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Windows Phone UpdateAdvisor App Frees up Space for Windows 10 Mobile
Windows 10 Mobile is set for a release most likely this October, and millions of Windows Phone are getting ready for the big launch. And now Microsoft has released a helpful app for that.
Microsoft is indeed very serious about the upcoming Windows 10 Mobile upgrade, as the company has released the special UpdateAdvisor app for Windows Phone users to help them make an easier upgrade.
The app is available for free and it continuously checks for updates, and when it finds them, it helps the user free up space. I’m sure that as a Windows Phone users and not only, you have been annoying by problems with storage space whenever you had to install a new update.
Free up space on Windows Phone and make room for Windows 10 Mobile
Update Advisor recommends the files that you can move to an SD card or OneDrive in order for the update to take place. At the moment we don’t know how much space Windows 10 Mobile will require, but it seems that if you have less than 4GB of storage, you won’t be able to run it.
Once the update is completed, the app will help you move the files back to your phone. Thus, by using this free tool, you can move or deleted songs, podcasts, pictures and videos to your SD card or to OneDrive.
So far, those who have already downloaded the app are enjoying it, as the app has 4.5 stars out of 5. Let’s hope that the app will maintain its usability once Windows 10 Mobile is ready for prime time.
READ ALSO: Top 4 TV Tuner Software for Windows 10
Germany has been debating for years whether its institutions should use Microsoft tools or not. The German state of Hesse recently labeled the use of […]
While trying to run an application on your system including a game or server application, you may encounter a clr20r3 error. Most of the time […]
Google in 2010 had published a list of software applications that are known to crash the Google Chrome web browser. Since then it has been […]


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Mr. Nicholas Mather reports
ISSUE OF EQUITY TO BHP
Further to an announcement on Oct. 17, 2018, the board of Solgold PLC has confirmed that the application for the 100 million new ordinary shares of the company allotted and issued to BHP Billiton Holdings Ltd. has been made to the London Stock Exchange Main Market and admission to trading is expected on or around Oct. 22, 2018.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.


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Leatrice Eiseman, executive director of the Pantone Color Institute, said in a statement that the color of 2014 is “an invitation to innovation” that “encourages expanded creativity and originality.” She also claims it’s a color that Michelle Obama often wears and notes designers like Max Mara, Marc Jacobs, Salvatore Ferragamo, Ermengildo Zegnahave have been incorporating orchid hues into their collections in the past year, the AP reports.
Pantone officials picked “radiant orchid” based on extensive interviews with industrial and fashion designers worldwide about what color they plan to use in upcoming seasons as well as sales of “color swatches,” according to the Wall Street Journal.
We expect this colour to find its way into our wardrobe and our home in the coming year. At Savoir Beds we have already come up with this beautiful option to bring 'Radiant Orchid" into the bedroom.
If a headboard and base is too much for you maybe some luxurious linens with a subtle orchid cording will do the trick?
Whether it's painting a whole room or just a few scatter cushions start thinking how you can bring this vibrant colour into your home next year.
Savoir Bed Set shown:
No.4 Bed set, (inc CW topper), 140 x 190cm (Std UK Double):
- Bed set: £5,500.00
- Base Upholstery: £920.00
- Legs: £460.00 (4 at £115.00 per leg)
- Holly Headboard: £2,150.00


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Quarantine-free services are being added from destinations in Indonesia, Malaysia, and Vietnam.
Jetstar Asia says it has now received approval to operate Vaccinated Travel Lane (VTL) services to Singapore from Penang, Da Nang, Ho Chi Minh City, and Denpasar (Bali), which will allow fully vaccinated customers to enjoy two-way quarantine-free travel to 13 of its destinations across the Asia-Pacific region. Jetstar Asia’s VTL services from Denpasar and Ho Chi Minh City will begin on March 27 with up to three and five services per week, respectively, followed by the introduction of thrice-weekly VTL services to and from Penang on the 29th and up to two weekly VTL services from Da Nang from April 10.
In a statement, Jetstar Asia CEO Bara Pasupathi said the development marked another step forward in Singapore’s continued reopening to the world. “With the gradual and safe easing of quarantine requirements, combined with replacing PCR tests with the less-costly ART, we are slowly removing the barriers to international travel, which in turn is helping restore consumer confidence.”
“We know our customers have missed traveling to their favorite destinations over the last two years, not only for leisure and business, but importantly to reconnect with family and friends,” he added.
Tickets for the new VTL services are now on sale at jetstar.com. To celebrate the return of two-way quarantine-free travel between Singapore and Bali, Penang, and Vietnam, Jetstar Asia has launched a special limited-time promotion. One-way fares start from S$76 for flights between Singapore and Penang, S$103 between Singapore and Bali, S$105 between Singapore and Ho Chi Minh City, and S$143 between Singapore and Da Nang. Customers who book their tickets directly before April 30, 2022 for travel by August 31, 2023, will be given one fee-free date change as part of the carrier’s Fly Flexible policy.
Here are the new Vaccinated Travel Lane services being rolled out in the coming weeks:
|Route||Start Date||Flight Number||Frequency|
|Denpasar to Singapore||March 27||3K 242||Up to 3 weekly|
|Ho Chi Minh City to Singapore||March 27||3K 556||Up to 5 weekly|
|Penang to Singapore||March 29||3K 676 / 3K 678||Up to 3 weekly|
|Singapore to Penang||March 29||3K 675 / 3K 677||Up to 3 weekly|
|Da Nang to Singapore||April 10||3K 542||Up to 2 weekly|
More information on Jetstar’s VTL services can be found here.


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Vintor Cerf warns U.S. consumers are expected to pay more for using the Internet. Instead of charging Google and others, Cerf says telecoms and cable operators should look to their own customers to recover the costs of providing high-speed Internet services.
Indeed, while arguing that Google shouldn't have to pay broadband providers a Web toll, Internet pioneer Vinton Cerf told the Senate Commerce Committee Tuesday that telecoms and cable operators should look to their own customers to recoup the costs of providing high-speed services.
"These companies can charge their own customers whatever they want, in order to make back their investments," Cerf, who works for Google, said in his prepared statement to the panel, which is hearing testimony on the debate. "Trying to extract additional fees from Web-based companies -- who are not in any way 'customers' of the provider -- would constitute a form of 'double recovery.'


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Facebook has announced a new look for their Messenger platform, including some new features to coincide with the recent integration of Instagram Direct and Messenger.
After reporting last week on Facebook introducing restrictions on live music streams, the social media platform have recently revealed that it is also testing a new way to let users claim ownership of their images and issue takedown requests if they wish, as reported by The Verge. A new tool called Rights Manager For Images, will… Read more »
With so many singers and musicians being unable to perform to a live audience since the COVID-19 pandemic took over the country, many resorted to creating livestreams online to showcase their music to their fans. Well, starting from October 1st, restrictions on social network platform Facebook will be taking place to stop this. As a… Read more »
There’s nothing more impressive on social media than a visual transformation, and salons make these happen every single day! Whilst posting before-and-after photos might be fairly straightforward, a lot of salons struggle to find the time to use social media marketing effectively… But this is vital for raising awareness of your hair or beauty brand…. Read more »
Facebook recently announced another new addition to their family of apps as they bought popular GIF-making and sharing website GIPHY for $400 million.


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Hamilton Introduces New Variant of the PSR
From Elton John to James Bond, the PSR gets a breath of new life
Hamilton boasts a long and deep history in watchmaking. This American-spirited Swiss watchmaker has created some of the most iconic watches such as the Hamilton Khaki lineup and the unmistakable Ventura which was also sported by Elvis Presley.
In 1970, Hamilton became the first ever watchmaker to unveil the world’s first digital timepiece known as the PSR. The PSR was not only revolutionary in terms of technology but also welcomed a futuristic design. Adored by celebrities like Elton John, Keith Richards, and even getting a feature on the wrist of Roger Moore in the James Bond movie Live and Let Die in 1973. And this year, Hamilton unveils a new version of the PSR.
Rocking the same futuristic design as the original, the Latest member of the PSR family receives an upgrade in the form of a hybrid LCD-OLED display and new green colored digits. With a quick push of a button, the PSR brings the bright green display to life.
The watch comes in a steel case with a diameter 40.8mm x 34.7mm and is water resistant up to 100 meters. The new Hamilton PSR is priced at $772 and will be available in all Hamilton stores.Recommend0 recommendationsPublished in


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The patch notes for version 1.10 of Metal Gear Online have been released.
This is the same patch found in Cloaked in Silence, the update that adds Quiet as a playable character, as well as the maps Coral Complex, Rust Palace, and Azure Mountain. Only one player can choose to play Quiet online at the ‘Create Match’ screen. On top of these additions are even more features and changes we have summarized for you below:
- A new Sabotage mission has been added. One team has to destroy or fulton the opposing team’s missile within a round. That team has to hack an electromagnetic barrier protecting the missile before they can get to it.
- Appeal Actions, gestures players can use to communicate with their teammates, have been added in.
- PS4, Xbox One, and Steam users can set themselves as dedicated hosts.
- GP Boost can now be bought with MB coins. This item increases the GP you get from matches.
- You can now buy more character slots with MB coins as well, from the default three to as much as eight slots.
- Player ranks have been added. Ranks are tied to your account, with 21 levels. They are publicly viewable on briefing screens and the scoreboards.
- There is a new secondary weapon, the combat knife. Snake can switch freely between his prosthetic arm and the knife, and there will be a knife kills score.
- There is a specific action to wake up tranquilized and stunned teammates. Kicking your teammate no longer wakes them up, but if you do wake someone up, you can get an Assist score.
- You can wormhole fulton enemies after charging up your buddy gauge.
- There are new titles, medals, present texts, and BGM sets.
There have also been tweaks made to weapons, items, abilities, scoring, damage, knockback, mission, balancing, and more. You can read the full patch notes here.


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The race to Android Oreo has already begun for smartphone companies, to tackle Android fragmentation and also to roll out Android Oreo software to their phones before other brands. Android Oreo is without a doubt still scarce, but many manufacturers have promised new software for their devices. Earlier this week, Android Oreo software updates were rolled out to users of the OnePlus 3 and the OnePlus 3T as a surprise. Now Xiaomi has taken action, launching a closed beta program for the Mi 6’s Android Oreo software.
Xiaomi’s software focus has been on its own MIUI 9 since its launch in early November. While the Chinese smartphone maker are known for being slow to Android updates, it plans to change things around this time, beginning with its flagship the Mi 6. A group of selected beta testers will be able to test out Xiaomi’s Oreo software before the world does. Xiaomi will release the open beta version of the software thereafter.
Earlier this year saw the release of Android Nougat beta in January, so we can safely assume that it would be the case for Android Oreo this time round. The stable release should be rolled out sometime during the end of Q1 2018.


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Market size India’s nominal GDP growth rate is estimated at 12 per cent in 2019-20. The estimate for 2018-19 was 11.5 per cent. During Q2 of 2019-20, GDP (at constant 2011-12 prices), GDP stood at Rs 33.16 lakh crore (US$ 474.46 billion) showing a growth rate of 4.3 percent over the corresponding quarter of previous year. The Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) cut all monetary policy rates by 0.25 percentage points at its 1–4 October meeting, reducing the repo rate to 5.15%, the marginal standing facility to 5.40% and the reverse repurchase rate to 4.90%. India's economy to be world's 2nd fastest growing at 6% China with a 6.1 per cent growth rate for 2019 reclaims the title of the world's fastest growing economy by being ahead of India by just 0.1 per cent. The economy has been shedding jobs, for one thing. The unemployment rate jumped to a 45-year high of 6.1% in 2018 and anecdotal evidence suggests that there’s more pain to come as the struggling GDP Growth Rate in India is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in India to stand at 1.30 in 12 months time.
However the growth rate subsequently decelerated, to 7.1% and 6.6% in 2016– 17 and 2017–18 respectively, partly because of the disruptive effects of 2016
5 Feb 2016 9) In 2012, at 5 percent, India witnessed 2nd highest growth in select economies. China was highest recording a growth rate of around 8 30 Aug 2019 India's economic growth dropped to a six-year low of 5% in the April-June quarter of 2019-20, according to official data released on Friday. 31 Aug 2019 NEW DELHI -- The Indian economy grew at its slowest pace in over six years in the April-June quarter owing to weak consumption demand and 2 May 2019 The Indian Economy is one of the most fastest growing economies in the world. The Indian economy's growth rate is steadily increasing with
Definition: Annual percentage growth rate of GDP at market prices based on of gross value added by all resident producers in the economy plus any product
19 Dec 2019 Some discussions around the Indian economy and fluctuations in its GDP growth rate are going on. But according to the IMF's latest estimates, 3 Dec 2019 The central bank will announce its latest rate decision on Thursday. As shown below, India has consistently cut interest rates over two years Data contains Exports, Imports and Trade Balance of India (in Rs Crore and Us $ Million) from 1949-50. It also contains the percentage rate of change of exports the sum of gross value added by all resident producers in the economy plus any product India gdp growth rate for 2017 was 7.17%, a 1% decline from 2016 . Govt may reduce interest rates on PPF, other small savings schemes Coronavirus to not have adverse impact on Indian economy: Anurag Singh Thakur.
The rate of growth of the Indian economy in the first three decades after independence was derisively referred to as the Hindu rate of growth by economists, because of the unfavourable comparison with growth rates in other Asian countries. I cannot decide how much to borrow, what shares to issue, at what price, what wages and bonus to pay, and
For almost half a decade Indian Prime Minister Narendra Modi headed the fastest-growing major economy in the world. Now, what looks set to be the slowest expansion in over a decade is putting India had begun to look like, and grow like, an East Asian economy in the 1980s. But then investment started to decline, and by 2016-17 it was back to around 30 percent.
The Indian economy expanded 4.7% yoy in Q4 2019, matching market expectations. It follows an upwardly revised 5.1% expansion in Q3 (4.5% earlier reported)
The Indian economy expanded 4.7% yoy in Q4 2019, matching market expectations. It follows an upwardly revised 5.1% expansion in Q3 (4.5% earlier reported) In India, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Indian economy during the GDP growth (annual %) - India from The World Bank: Data. Selected Countries and Economies. Country. Most Recent Year. Most Recent Value. India. 2018. 25 Feb 2020 Annual gross domestic product growth likely rose to 4.7% in the last quarter of 2019 from 4.5% the previous quarter, when the growth rate 6 Nov 2019 It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key
8 Jan 2020 Low GDP rate of 5 per cent is a wake-up call for the Indian economy: Experts. Some experts feel the slowdown has bottomed-out, others call for 7 Jan 2020 India can't fix its public finances without a frank assessment of the on March 31 peg the economy's inflation-adjusted growth rate at 5%, 20 Jan 2020 The third-quarter rate has been estimated at just 4.3%. The government has initiated a host of reforms to put the economy back on track. It 11 Jun 2019 The Indian economy probably grew at an annual average of 4.5 percent during 2011-12 to 2016-17, and not sizzled at 7 percent as the 4 Jul 2019 GDP Growth Rate. India continued to remain the fastest growing economy in the world with a GDP growth rate of 6.8 13 Jan 2020 As per a Forbes report, the projected 7.5% growth rate for the Indian economy is the worst it has been in 42 years.


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In India, the Tecno Pova 3 will be launched very soon. The device’s arrival in India has been confirmed, as has the launch of an Amazon microsite. On the microsite, the device’s main specs are revealed, including a large 7,000mAh battery, 50MP triple-rear camera setup, 6.9-inch Full HD+ display, and more. The company has kept the device’s launch date a secret for the time being.
The Tecno Pova 3 model number LF7 was spotted on the Bureau of Indian Standards two months ago. The design of the device has also been confirmed. The device will be available in two colour options, according to the teaser: blue and silver; however, a black colour variant of the device has previously leaked. The back panel of the handset will be dual-tone with a vertical strip running down the middle.
Specifications for the Tecno Pova 3
The Tecno Pova 3 will have a 6.9-inch Full HD+ display with a refresh rate of 90Hz, a resolution of 1080 x 2460 pixels, and a 90Hz refresh rate. In the teaser image, the chin on the bottom of the display appears to be thicker. The company’s upcoming device is expected to have an IPS LCD display.
The device will be powered by an octa-core MediaTek Helio G88 processor and a Mali G52 GPU. According to reports, the handset will be available in a 6GB + 128GB configuration. The teaser confirms that the phone will have a virtual RAM of 5GB.
A 50MP triple rear camera setup, as well as an 8MP ultrawide camera and a 2MP depth camera, are expected to be included in the device. For selfies and video calls, the device could have an 8MP front camera.
The Tecno Pova 3 is expected to have a large 7000mAh battery with 33W fast charging capabilities. Other features include 4D vibration, a Z-axis linear motor, and dual stereo speakers.
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The U.S. Food and Drug Administration (FDA) has warned California-based Simply Fresh Fruit saying that inspectors found listeria at the company’s processing facility in Vernon. According to a news report, investigators said they observed numerous violations of Current and Good Manufacturing Practice regulations, particularly in the area of cross-contamination. The letter also says the company issued a voluntary recall of a cut cantaloupe lot that was processed March 28 and packed March 29. That recall was also due to the product testing positive for listeria.
The California Department of Public Health posted a recall notice April 14 for cantaloupe and fruit mixes with cantaloupe — 23 products total — from Simply Fresh Fruit. The products were headed to schools, hospitals, restaurants, convention centers, hotels and catering companies. At the facility, three out of 100 swabs taken at the company’s “high- care processing room” tested positive. The FDA stated in the letter that the company would have 15 working days to respond with the steps they would take to correct the violations and to prevent them from happening in the future.
The U.S. Centers for Disease Control and Prevention (CDC) estimates that about 1,600 illnesses and 260 deaths occur nationwide as a result of listeriosis. In 2012, 831 foodborne outbreaks were reported to the CDC. During that year, there were four confirmed outbreaks and one suspected outbreak in the U.S. The worst listeriosis outbreak in U.S. history occurred in 2011 when 33 people died, 147 were sickened and one woman miscarried her child as a result of a listeriosis outbreak that was linked to the consumption of cantaloupe from a single farm.
Common symptoms of listeriosis include fever and muscle aches, diarrhea and other gastrointestinal problems. Almost everyone who is diagnosed with listeriosis has what is known as “invasive” infection, which means the bacteria has spread beyond the gastrointestinal tract. Symptoms could also include headache, stiff neck, confusion, loss of balance and convulsions. In pregnant women, infections could lead to miscarriage, stillbirth, premature delivery or life-threatening infection of the newborn.
Understanding Your Rights
If you have suffered a listeria infection as a result of eating contaminated food, you may be able to seek and obtain compensation for damages including medical expenses, lost income, cost of diagnostic testing, hospitalization, and pain and suffering. Be sure to get the medical attention you need right away. Report your illness to the local healthcare agency. Contact an experienced California food poisoning attorney who will fight for your rights and help hold the negligent parties accountable.


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Home Tags Kenya Tourism Board
Tag: Kenya Tourism Board
(eTN) - Two leading stakeholders in Kenya’s tourism industry, the Kenya Tourism Board (KTB) and national airline Kenya Airways (KQ), have yesterday put pen to paper to sign a one-year partnership ag
(eTN) - Sources in Nairobi have confirmed that the Kenya Tourism Board (KTB) is seeking an additional 500 million Kenya shillings (US$5.9 million) to fund a series of “recovery missions” aimed to
(eTN) - The pending court case by the Kenya Tourism Federation (KTF) against tourism minister Danson Mwazo was yesterday withdrawn in the High Court in Nairobi, following the Industrial Court’s deci
(eTN) - The ruling today of the Industrial Court in favor of Muriithi Ndegwa as CEO of the Kenya Tourism Board (KTB), affirming that he indeed holds a valid 3-year contract extension as handed to him
The Kenya Tourism Board (KTB) has been voted Africa’s leading Tourism Board 2012 in the Africa category, positively propelling the country’s image globally as a tourism destination.
With final figures now available from the Ministry of Tourism in Nairobi for the year 2011, it has become evident that the 98 billion Kenya shillings (US$1.2 billion) tourism revenues missed their ini


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Virginia Beach, Va. - Three-year-old Bracken will soon get to play his favorite fishing game again after someone swiped his Nabi learning tablet.
Bracken has autism and the tablet had special developmental apps on it.
After NewsChannel 3 reported it Tuesday night, the company Nabi took action to help Bracken.
In a comment on our website, they wrote:
"We’re so touched at how the Nabi tablet has positively impacted Bracken's life and we want to help! We will replace Bracken's tablet for him at no cost."
NewsChannel 3 caught up with Bracken and his mom, Mindy Kopenhafer, to tell them the good news!
"Wow,” she said. “I'm going to cry. It's wonderful. It's very touching that they would do that."
But Nabi wasn't the only one taking action. Kopenhafer says one NewsChannel 3 viewer came to her store, The Thrify Baby, and handed her an iPad to give to Bracken. She tried to give it back.
"I was insistent and said thank you very much,” she says. “You know, I greatly appreciate this, but we can't accept this from you and he said that he was not going to take it back. He did not have a need for it and if anything else to pay it forward."
And that's exactly what she's doing.
"We’re going to donate the iPad to the Autism Society, to where it can go to an older child with a communication or speech delay,” Kopenhafer says.
But the giving didn't stop there. Another NewsChannel 3 viewer took action also!
"She gave him in a Thomas the Train gift bag with a brand new Nabi tablet, Kopenhafer says. "When I took it out of the bag [Bracken] said 'go fishing!' and he wanted to start it up."
After talking to Nabi, Kopenhafer and the company have decided to donate the second learning tablet to another child in need.
The generosity has come full circle.
"What ended up being something so horrible and negative has turned into something so completely positive that I can't even express it,” she says. “Hopefully soon we'll find out who the tablets are going to and we'll enrich somebody else's lives as well."


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Wall Street's long winning streak ended yesterday as Treasury yields spiked, but things got quieter this morning on a day featuring little in the way of important data or earnings. It changes next week as investors await October Consumer Price Index data and Retail Sales.
Yields remain key driver for stock volatility, as evidenced by yesterday’s yield-fueled sell-off
Inflation expectations might be key takeaway in today’s consumer sentiment report
Bond market is open despite tomorrow’s holiday, and next week brings critical inflation data
(Friday market open) As this placeholder week between substantial bundles of data and earnings winds down, stocks treaded water early Friday with a close eye on the bond market following yesterday’s late sell-off that ended the long rally on Wall Street.
“Yields are still in the driver’s seat when it comes to equity volatility—especially on an intraday basis—for now,” says Kevin Gordon, senior investment strategist at Schwab, citing yesterday’s market activity as evidence.
Despite media reports to the contrary, bond trading is open today despite tomorrow’s Veteran’s Day holiday. There’s no closure Monday, either, according to trade group Securities Industry and Financial Markets Association (SIFMA).
Speaking of bonds, disappointing results from yesterday’s 30-year Treasury bond auction slammed the door on long rallies in the S&P 500® Index (SPX) and Nasdaq (COMP) on Thursday as Treasury yields climbed across the spectrum amid concerns about large Treasury supplies. Most yields are now back at their 50-day moving averages after falling below them.
“Recent bond buying may be reaching short-term exhaustion,” said Joe Mazzola, director of trading and education at Schwab. “Yields could be putting in a higher near-term floor absent a major recessionary event.”
Every S&P sector dropped yesterday, but yield-sensitive ones like real estate, utilities, and consumer discretionary were among the worst performers. Tesla (TSLA) shares took a 5% blow following news of a product recall.
Today is light on data and earnings aside from a reading on consumer sentiment, but things soon accelerate. “Next week brings a rash of economic reports,” says Liz Ann Sonders, chief investment strategist at Schwab. Key ones to watch include the October Consumer and Producer Price Indexes (CPI and PPI), October Retail Sales, and a look at small business sentiment.
The week ahead: The inflation rollout starts Tuesday with the October Consumer Price Index (CPI), followed on Wednesday by the October Producer Price Index (PPI) report.
CPI could be a market mover, with expectations for core CPI to rise 4.1%, year-over-year but remain flat from the previous month. Any upside surprise could undo some of the recent retreat in Treasury yields, says Collin Martin, a director of fixed income strategy at the Schwab Center for Financial Research.
October Retail Sales are also due out Wednesday, with analysts building in a small monthly decline of 0.1%, according to Trading Economics. That’s after surprisingly hot September growth of 0.7%.
Stay tuned, too, for key Japanese economic data as Bank of Japan (BoJ) policy remains top of mind for many (see more below).
Closer to home, eyes could turn toward Washington, D.C., next week as the November 17 deadline (next Friday) looms to keep the government open.
Sentiment check: Soon after the open today we’ll get a look at preliminary November Consumer Sentiment from the University of Michigan. Analyst consensus for the headline figure is 63.7, down from 63.8 in October, according to Trading Economics. Year-ahead inflation expectations jumped to 4.2% in October from 3.2% in September, which may have reflected rising gas costs. The inflation expectations aspect of the report is important to watch today.
Speaking out: There aren’t enough fingers on both hands to count all the Fed speakers this week. Two more are on tap today, and it doesn’t end there. Atlanta Fed President Raphael Bostic, known as one of the more dovish voices at the Fed, speaks again on Saturday. Just yesterday, Bostic said rate policy “is likely sufficiently restrictive,” Bloomberg reported, which could imply he sees less chance of additional rate hikes. However, he’s not a voting member of the Federal Open Market Committee (FOMC), and his words quickly got lost in the shuffle as Fed Chairman Jerome Powell gave a more hawkish take, leaving the door open to possible rate increases. Other Fed speakers lined up more in Powell’s court than in Bostic’s late this week.
Big box time: A host of major retailers report next week, perhaps providing more color on the consumer economy after upbeat earnings from entertainment industry companies this week like Walt Disney (DIS) and MGM Resorts (MGM). Names on deck include Home Depot (HD), Target (TGT), Macy’s (M), Gap (GPS), and Walmart (WMT). Shares of Walmart and Target have gone different directions so far this year, with Walmart benefiting in part from customers seeking low prices as credit conditions tighten and student loan payment obligations resume.
Before the big boxes, one more large entertainment company reported yesterday afternoon. Unlike MGM the day before, Wynn Resorts’ (WYNN) results didn’t hit a jackpot with investors, who sent shares down more than 5% in premarket trading. This despite Wynn beating analysts’ estimates for earnings per share (EPS) and revenue.
In a related development, Bloomberg reported today that three Las Vegas casino companies, including Wynn, reached labor deals with the city’s hospitality union, averting a possible strike.
A word on bonds: While it’s possible the recent rally in bonds is losing steam and might push yields higher to the possible detriment of stocks, as we saw yesterday, some perspective is also important. Yesterday’s pain in Treasuries had a lot to do with disappointing demand for new supply at the Treasury auction. While supply is an important fundamental component of the market, there are others, too.
“We still believe that Treasury supply concerns should only be one factor driving yields, not the only factor,” says Schwab’s Collin Martin. “We don’t expect those supply concerns to pull yields up materially higher. The direction of yields should be driven by growth and inflation expectations—both coming down—and what that means for Fed policy.”
Early today, futures trading pegged chances at 90% of the Federal Open Market Committee (FOMC) holding its benchmark funds rate steady following the December 12–13 meeting, according to the CME FedWatch Tool. Chances of rates staying on pause following the FOMC’s January 30–31 meeting are 80%.
Rate debate: Some economists still see chances for a recession in early 2024 as consumer savings dwindle and high interest rates hurt companies with loans to refinance. That may be one reason why investors bake in better than 60% chances of at least a quarter-point Fed rate cut by next June, according to CME futures trading this morning. That’s similar to what the market had been tracking even before Powell’s hawkish comments yesterday. However, a trim that soon seems unlikely based on current economic metrics, and as a reminder, a year ago the market was also pricing in rate cuts expected to occur by now. Instead, the Fed has rates at 22-year highs and inflation remains somewhat sticky.
Ideas to mull as you trade or invest
Rising sun: The coming week could have ramifications for interest rates … in Japan. It starts Sunday with a reading on Japan’s October producer prices and accelerates late Tuesday with Q3 Gross Domestic Product (GDP). October exports data follow late on Wednesday, U.S. time. The Bank of Japan (BoJ) kept monetary policy loose for years even as other central banks tightened, but recently ended its efforts to cap the 10-year yield at 1% after inflation in Japan exceeded the BoJ’s 2% target for the past 18 months. The end of yield-curve control “signaled a likely shift toward ending quantitative easing (QE) and hiking interest rates in 2024,” says Jeffrey Kleintop, Schwab’s chief global investment strategist. The BOJ finally tightening may lead to moves in financial markets around the world, including upward pressure on bond yields in other developed countries, an increase in the value of the yen, and gains in Japanese stocks as capital returns to Japan. All this arguably means it’s a good idea for investors to pay more attention to Japanese data, including the numbers about to hit.
Rockford files: If you were around in the late 20th century you might remember compact cars like the Dodge Omni and Plymouth Neon. Many were built at a massive Chrysler plant visible from the Illinois interstate near Rockford, but that facility collected dust for months after its production of the Jeep Cherokee ended. The tentative agreement between Stellantis (STLA) and the United Auto Workers Union could breathe new life and almost $5 billion of Stellantis funds into the nearly 60-year-old facility that once employed nearly 6,000 workers, the Chicago Tribune reports. The factory is being retooled to build a mid-sized truck, and Stellantis will also build an adjacent electric vehicle battery plant and create a parts distribution center. Together, this could bring 2,500 jobs to the region.
Recession suggestion? The Stellantis news comes at an interesting juncture for U.S. manufacturing, which struggled the last two years as spending on “experiences” like travel and casinos rose and spending on goods tailed off. The economy lost thousands of manufacturing jobs in October alone, though the UAW strike played a role. A manufacturing rebound might quiet recession worries that emerged after last week’s disappointing economic data. But a revival would take more than one retooled auto plant. Look for more insight on the “goods economy” as retailers report next week. Earlier this year, many retailers said consumers were shying away from more expensive “discretionary” purchases.
Nov. 13: Expected earnings from Tyson (TSN).
Nov. 14: October Consumer Price Index (CPI) and expected earnings from Home Depot (HD).
Nov. 15: October Producer Price Index (PPI), October Retail Sales, November Empire State Manufacturing, and expected earnings from Target (TGT) and Cisco (CSCO).
Nov. 16: October Industrial Production and October Capacity Utilization, and expected earnings from Walmart (WMT), Macy’s (M), Applied Materials (AMAT), and Gap (GPS).
Nov. 17: October Housing Starts and Building Permits.
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Buying a new car? Check the safety features
Today's new cars are the safest ever. That’s due, in large part, to a number of hi-tech safety features, such as lane-departure warning, rear cross-traffic warnings, blind spot monitors and adaptive cruise control.
When you go shopping, you need to take the time to check which safety features are standard and which are optional, if available at all.
Jack Gillis, director of public affairs at the Consumer Federation of America and Author of The Car Book 2018, says the range of safety features varies from manufacturer to manufacturer and vehicle to vehicle.
"Some of the manufacturers are putting more and more of them in as standard features, such as back-up cameras. But other features, such as blind-spot detection, lane-keeping assist and automatic emergency braking, may only be optional. So be sure you check to see what's available on the vehicles you're interested in,” Gillis said.
Yes, some of these safety features will drive up the price of that vehicle, but they could save your life, Gillis said.
The Car Book’s Best Bets for 2018:
BMW 3 Series
Tesla Model S
Tesla Model X
For the past 38 years, Jack Gillis and the Center for Auto Safety have partnered to publish The Car Book. This year, in addition to the traditional print version, The Car Book 2018 is available in-full online at TheCarBook.com.
Both the print and online versions provide unique crash test ratings, comparative complaint ratings. In addition to in-depth ratings of the 2018 vehicles, the site includes over 1,000 used car ratings going back five years.
TheCarBook.com also features the Decision Wizard, an easy-to-use search function based on specific aspects of the vehicle, such as size, price range, crash test results, warranty ratings and safety features.


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An amnesty between France and the U.S. ended this week as President Trump declared an intention to set tariffs on some French goods at 100%, meaning that French cheese and handbags might become much more expensive in the U.S. It follows a move by France to tax U.S. tech companies on French sales.
A trade feud lasting 15 years
The argument, as purported in the New York Times, goes back 15 years between the two countries.
Airbus is Europe’s largest airplane manufacturer and has always been in competition with its American counterpart Boeing, and the U.S. has argued that Airbus receives unfair subsidies to operate around the world.
To investigate, the U.S. brought a case to the World Trade Organization–the global body that handles world disputes–and it ruled that the U.S. could set tariffs on E.U. goods to compensate.
In October, Trump added 25% tax on French goods
Many of the items which fell under the WTO ruling in October were luxury goods which you might want to eat at a delicious dinner party–olives and French wine.
There’s Something Fishy About ‘The Little Mermaid’ Audience Review Scores — Update — The Critics Must Be Crazy
Other European goods were also affected, such as Italian parmesan, German pork sausages, Spanish oranges and Scotch whiskies.
France has introduced taxes on American tech companies
In parallel, France launched a “digital service tax” in 2019 to try to target large tech companies who have many French consumers but who do not pay tax in France because they are headquartered elsewhere.
This 3% annual levy affects companies such as Google, Amazon and Facebook who have annual sales of more than 750 million euros ($830 million) and French revenue exceeding 25 million euros.
The U.S. government opened a review into the tax, which concluded this week, to see if France was flouting trade regulations.
Trump threatens to raise tariffs to 100% on French goods
Findings from the report out this week by the Office of the United States Trade Representative, claims that the French tech tax “discriminates against U.S. companies, is inconsistent with prevailing principles of international tax policy and is unusually burdensome for affected U.S. companies.”
It, therefore, recommends increasing tariffs as high as 100% on some French imports such as wine and cheese. It also says the same tariffs should be imposed on other countries who propose a similar tech tax such as Italy, Austria and Turkey.
Public comments on the tariffs will be held throughout December until a hearing takes place on January 7, 2020.


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With its seemingly endless parade of shiny new consumer electronic devices, Apple gets more coverage in the mainstream media than any other technology company, more even than larger rivals such as Google and Microsoft, a study released on Sunday by the Pew Research Center states.
And the coverage is largely positive. About 69 percent of the coverage either lauded Apple as innovative or superior, or praised the company’s fan base, while only about 17 percent of the coverage focused on the shortcomings of Apple products.
The researchers studied 437 technology related stories across 52 news outlets, including newspapers, television networks, radio programs and news websites. The samples were taken between June 1, 2009 and June 30, 2010. Trade publications and news sites, such as those offered by IDG, were not examined.
Overall,15.1 percent of all technology stories on these outlets focused primarily on Apple. About 11.4 percent focused on Google, 7.1 percent on Twitter, and 4.8 percent on Facebook.
Trailing the pack is Microsoft, which despite its launch of Windows 7 and Office 2010 during this time period, garnered only 3 percent of the coverage.
The disparity of coverage is telling, given that during approximately this time period, Microsoft still generated slightly more sales than Apple. In its last fiscal quarter, ending in June, Microsoft reported taking in $16.04 billion in revenue, while Apple reported $15.7 billion for its own fiscal quarter, also ending in June.
“After being arguably the most important technology company, even as recently as five years ago, run by the richest man in the world and the world’s most powerful monopoly, Microsoft has, at least for now, fallen off the mainstream media’s radar,” the report stated.
The entirety of Microsoft coverage for the year was exceeded by both the releases of the Apple iPhone 4 — which garnered 6.4 percent of all technology coverage — and the iPad, which garnered 4.7 percent of all the technology coverage.
The iPhone 4 release was, in fact the second largest technology story for the year for the mainstream media. The largest technology story, one attracting nearly 10 percent of all news coverage, was on the hazards of texting while driving. This topic garnered more than five times the coverage than other pertinent technology topics, such as net neutrality or the U.S. government’s efforts at expanding broadband access, the report noted.
Overall, mainstream media has not been obsessed with technology news; technology coverage accounted for less than 1.6 percent of the total news coverage during the time, falling far below the coverage given to, say, crime (4.6 percent). Much of the coverage was positive however: About 23 percent of all the stories were about how technology could make users’ lives easier.


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By Matt Long
Columbia officials and business leaders are keeping an eye on a vacant building at the corner of Taylor and Main Streets in downtown Columbia. The former site of Lourie's Department Store may not be empty much longer. Renovations will begin this month for a new retailer that many hope will energize a struggling part of downtown.
The Mast General Store is a regional chain that markets itself as a traditional general store. It would be the first new major retail chain along Main Street in recent memory, and comes as the city completes a six year, $30 million streetscaping project.
Matt Kennell is President and CEO of the City Center Partnership, a non-profit advocacy group that markets downtown Columbia's business district. He believes Mast's arrival is good news for downtown.
"That's a major change for Main Street," Kennell said "I think there are many people five years ago that said you would never… that would never happen."
Kennell hopes Mast will act as a catalyst for future businesses to move onto Main Street, where "For Sale" signs are prominent north of Hampton Street.
Not everyone is so confident about Columbia's latest revitalization project. Just a few doors south of Taylor Street sits Drake's Duck-In, a staple among Columbia restaurants for decades. Owner Steve Rowland has frequently been on the wrong end of city planners' development projects. He has twice had his property on Main Street condemned through eminent domain. Once it was for the construction of the Palmetto Center, and his second property was condemned to build the Columbia Museum of Art.
"The numbers I had in that property were $1.29 million... and the city condemned us for $825,000," Rowland complained. "I'm actually the biggest donor, in my opinion, to the Art Museum. I don't have my name on a plaque or anything over there, but I'm actually the biggest donor."
Rowland also said the latest street improvements were made without giving thought to Main Street companies. He says the construction hurt his business.
"Eight months and $220,000 worth of (lost) revenue. That didn't matter to them," he said. "All they could say to me was, ‘Well, don't you think that it's worth it, Steve? That's it's going to be better for everybody?' Well, what good is that if you put people out of business? How can that be good for me?"
Kennell defends the project, saying the finished product made the area appealing to larger tenants, such as First Citizens Bank and NBSC. Both banks recently moved into new buildings along Main Street.
"They were very well aware of the streetscape and the investment the city was making in beautifying the area before they built their $50, $60, $70 million office towers, Kennell said. "You simply would not have seen that investment, I don't believe, without the streetscaping."
The downtown occupancy rate has dropped by nearly 10 percent in the past two years. Much of the loss was due to electric utility SCANA's recent move from Main Street to Cayce. The irony of the building that once displaced his restaurant now sitting empty is not lost on Rowland.
"It's unforgivable that they let (SCANA) get away," he said.
Further down Main Street, Vaughn Granger runs Granger-Owings Clothiers, an upscale men's clothing store. He believes any future economic development downtown requires retail.
"I think the balance of the hotel, the restaurant, and the retail is important," Granger said, "It's just possibly not as balanced as it should be right now."
"Columbia doesn't need another bank. It doesn't need another law firm... it needs some retail," Rowland said. "There's no retail left out here. Nothing to speak of."
But can Mast General Store live up to the hype? Mast does have a history of success, helping revive urban centers in cities like Greenville and Asheville. Rowland believes the store's success will be critical for Main Street's future.
"I would do everything in my power to get Mast General Store to not back off," he said. "(They need) to come to Columbia and be the entity like Greenville, South Carolina, has."
Mast has eight locations across the Carolinas and Tennessee. It hopes to open its Columbia store in the summer of 2011.