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Yum! Brands, Inc. has announced that it plans to refinance the Company’s unsecured term loan facility (the “Bridge Facility”) with a new securitization financing facility, issued by newly formed subsidiaries of Taco Bell (the “Securitization Financing”).
The Bridge Facility currently has outstanding borrowings of approximately $2.0 billion. The Securitization Financing is expected to be comprised of at least $2.0 billion of senior term notes securitizing the Taco Bell U.S. royalties. The net proceeds of the Securitization Financing are expected to be used for repayment of the Bridge Facility, payment of transaction costs associated with the refinancing and for general corporate purposes.
A key aspect of the Company’s strategy is to optimize its capital structure. Consistent with that, the Securitization Financing is yet another milestone in our previously communicated plan of targeting total companywide leverage of approximately 5.0X EBITDA and returning a total of $6.2 billion of capital to shareholders prior to the separation of our China business. As the next step in this plan, subsidiaries that operate our KFC, Pizza Hut and Taco Bell (excluding the Taco Bell subsidiaries included in the Securitization Financing) businesses will enter into a new senior secured credit facility and issue new high-yield notes, which will be guaranteed by certain of our domestic subsidiaries and, in case of the new credit facility, secured by certain assets of the obligors. The legacy publicly-traded notes will remain in place as unsecured obligations of the Company.
Yum! Brands, Inc., based in Louisville, Kentucky, has nearly 43,000 restaurants in more than 130 countries and territories. Yum! is ranked #228 on the Fortune 500 List with revenues of over $13 billion in 2015 and is one of the Aon Hewitt Top Companies for Leaders in North America. The Company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over six new restaurants per day on average, making it a leader in global retail development.


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Signs of AMD are seen at the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song
Chip designer Advanced Micro Devices (AMD.O) said on Monday it would acquire cloud startup Pensando for $1.9 billion to bolster its data center products and capitalize on booming demand from cloud and enterprise sectors.
AMD said the deal value does not include working capital and other adjustments.
The startup makes a fully programmable processor and a software platform, which helps enterprise clients and data center customers to function more like cloud computing data centers like Amazon’s (AMZN.O) Amazon Web Services.
In cloud computing, customers can order as much computing power as needed in different parts of the world with a few mouse clicks. The software takes care of the mechanics of shuffling the data to the right physical machines.
The lucrative data center chip business is rife with competition, with AMD rivals Intel Corp (INTC.O) and Nvidia Corp
Only last month, Nvidia had released a new chip to speed up artificial intelligence functions in data centers. read more
The deal, which would enable AMD to add Pensando’s platform to its line of processors and graphics chips, is expected to close in the second quarter of this year.
Pensando’s Chief Executive Officer Prem Jain and the entire team will join AMD’s Data Center Solutions Group.
Reporting by Chavi Mehta in Bengaluru and Jane Lanhee Lee; Editing by Amy Caren Daniel
This article was originally published by Reuters.

domain: news


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Nigeria: Latest beverage news & analysis
This month, Ray Rowlands sets his sights on the recently-announced Nigerian venture between The Coca-Cola Co and the Tropical General Investments (TGI) Group.
Earlier today, Heineken confirmed that a plan to merge two of its Nigerian units - Nigerian Breweries and Consolidated Breweries - remains on tracks. Minority shareholders in both firms have voted in favour of the deal.
We'd almost packed up for the week on Friday when Heineken announced plans to merge the two Nigerian breweries in which it has majority stakes.
Nigeria proved a welcome ray of light for Heineken in its first-quarter results yesterday (24 April).
Suntory will pay about JPY7bn (US$68.8m) for GlaxoSmithKline's remaining Lucozade and Ribena assets in Nigeria.
The drinks industry appears to be holding its breath as the Central Bank of Nigeria plans to float the Naira currency from 20 June.
GlaxoSmithKline Nigeria's board of directors has accepted Suntory's offer to buy the remaining Lucozade Ribena business in the country.
Coca-Cola HBC has said it will launch the Monster energy brand in Nigeria during the second half of the year.
Diageo-controlled Guinness Nigeria has reported a slump in year-to-date sales and profits as the country's economy continues to slow.
Diageo has launched Guinness Africa Special - its first Guinness innovation in Nigeria for 10 years.
Heineken is keeping an eye on Nigeria as currency turmoil makes it harder for the company to get money out of the country.
Suntory's beverage unit is trying to complete its global takeover of Lucozade and Ribena with a swoop for the brands' leftover bottling and distribution rights in Nigeria.
The Coca-Cola Co is to buy a minority stake in Nigerian dairy and soft drinks business Chi.
Guinness Nigeria is to handle United Spirits' McDowell's No 1 brand in Nigeria.
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Monday, 6 July 2009
FonYou to introduce online mobile phone service – Spain
Spanish MVNO FonYou is planning to launch an Internet-based mobile phone service on 9 July. The new service will allow customers to access their call and message records and online calendar features on their personal space at the FonYou website. In addition, the service will offer call filter capabilities and voicemail services enabling users to send personalised greeting messages.
Posted by Unknown at 11:54


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Now that the City of Lawton owns the Central Mall they're looking to fill empty space and there's a lot of it! Parts of the mall will be used for the FISTA project and the other for retail stores and restaurants. They hope to fill all the remaining empty spaces in the mall with new stores, places to eat and other businesses.
The City of Lawton, FISTA Development Trust Authority and the Comanche County Health Department have teamed up to make getting your COVID-19 vaccinations much easier. Starting today (02-22-21) the CCHD (Comanche County Health Department) will be set up in the Central Mall in the old Dillard's location doing COVID-19 vaccinations.
The City of Lawton is purchasing the Central Mall for the FISTA (FIRES Innovation Science and Technology Accelerator) project. The Lawton City Council met last Friday (12-18-20) in a special session to finalize the purchase of the mall at a price tag of 14.6 MILLION! They'll be closing on it Tuesday, January 5th (01-05-21).
If you've been in downtown Lawton lately near the Central Mall on C Avenue you've seen all the trucks and construction going on. So what's happening in the mall parking lot? Get ready for Cirque Italia "Aquatic Spectacular.” That's right Cirque Italia is returning to town for a limited time, you won't want to miss it!
The news broke late yesterday evening, or at least that's when I first heard about it. The City of Lawton is considering purchasing the Central Mall for the FISTA (FIRES Innovation Science and Technology Accelerator) program. The Lawton City Council will be meeting today (10-16-20) at 2:00pm CST in a special session to discuss the possible purchase of the mall. So what's the price tag? 14.6 MILLION!
The Lawton Sears has been closed at the Central Mall since 2017 and we've all wondered what, if anything would be moving in to take it's place. I know I've had a wish list of stores I'd like to see in that location, I think we all have. It's such a large space we thought the mall would part it out to several different stores if they couldn't find one big one. Well it looks like that space has finally be leased.
For a limited time the Paranormal Cirque is in Lawton, Fort Sill. It'll be here from Thursday (09-10-20) until Wednesday (09-16-20) in downtown at the Central Mall parking lot. If you've been anywhere near the mall you've probably seen the big black and red tent.
An official statement hasn't been made yet, but we're hearing that the Kay Jewelers store at the Central Mall in Lawton will be closing. It's been shut down for months now when the COVID-19 pandemic started and has remained closed ever since. Here at the office we have several people who have made recent purchases, have jewelry on lay-away, items that are currently being cleaned or repaired. They've shared with us that Kay will be closing.
JCPenney is facing bankruptcy and is expected to file Chapter 11 this Friday (05-15-20). The company is seeking a $450 million dollar loan and in order to make that happen they have to close 180 to 200 stores.
An online petition at Change.org has been created seeking signatures to hopefully convince the Dillard's Corporation not to leave the mall, or Lawton. Will it work? Well we have to try and it beats just doing nothing.
We've been hearing rumors for the past several days online and elsewhere that the Lawton Dillard's in the Central Mall is closing. Sadly it's not a rumor anymore, it's been confirmed and they will be closing the Dillard's here in Lawton.


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Cryptocurrency & Blockchain
The sudden and rapid rise of Bitcoin, Ethereum and other virtual currencies over the past several years, coupled with the potential applications of blockchain and distributed ledger technologies across virtually all industries, has generated a wave of innovation, disruptive businesses and a modern digital economy. With this explosive growth, new legal and regulatory issues in these areas are cropping up every day.
December 1, 2019
Paul, Weiss partners Christopher Boehning, Roberto Gonzalez, Jeh Johnson, Claudine Meredith-Goujon, Lorin Reisner, Jeannie Rhee and Richard Tarlowe and counsel Steven Herzog published “Cryptocurrency Regulation Around the World: A Complex Web” in the December 1 issue of DirectorCorps. The article provides an overview of the regulatory landscape surrounding varying businesses’ use of virtual currencies, and alerts companies to the legal implications of venturing into this uncertain terrain. Litigation associates Daniel Klein, Thomas Bounds and Simona Xu assisted in the preparation of this article.


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There is nothing that unites people within a community together more than the celebration of unique and delicious food. That’s why beyond all the historical landmarks and usual fanfare of the great city of Los Angeles, one of the events hovering on the radar but still culturally significant is dineLA.
dineLA Restaurant Week is a consecutive 14-day dining event that takes place throughout the LA County within over 300 restaurants, and offers specialty priced lunch and dinner menus. Not just for cuisine experts and foodies, but it is a chance for all residents to eat at high-end restaurants at a discounted price. In what started as a marketing association run by the Los Angeles Tourism and Convention Board to highlight Los Angeles as a prime dining location, dineLA now takes place twice a year and donates a portion of its proceeds to charity.
Now, we know the trend of taking pictures of your food (it’s actually a lot harder than it looks!) and how even a photo of the perfect dish can attract so many views. So dineLA Restaurant has a lot to work with when it comes to marketing and social media engagement. Let’s take a look at how they have used these platforms to get the crowd ready to get their grub on.
This platform is simply the hub for all food pictures. But nowadays, a plate on a table is not going to cut it anymore. Even food pictures have to have a purpose and a unique angle. For the past few days, dineLA has uploaded photos of food within famous Los Angeles scenery; a glass of champagne at LACMA, a bowl of chips at the Walt Disney Concert Hall, Chinese takeout at Grauman’s Chinese Theatre. The photos align themselves with the purpose of dineLA, which is to showcase Los Angeles as one of the best cities to dine in. So viewers will not only salivate at the food, but also remember that it is only in LA that will they get to experience this. This is an excellent example in keeping with the brand for marketing.
#dineLA Restaurant Week is back (Jan. 18-31). Menus start at $15 for lunch and $29 for dinner at over 300 restaurants throughout L.A. Check out the link in our bio for more info and to make your reservation. #Oscar nominations came out today, but #dineLA Restaurant Week is always sure to be a winner. ?: @asenseofhuber #dineLA #discoverLA #LAstory @chinesetheatres
dineLA has partnered with over 300 restaurants, so the marketing should involve everyone associated with the event. If unique and delicious foods are what draw in a crowd, then they have certainly used that to their advantage in each tweet. As each restaurant rolls out what specialty items will be on the menu, dineLA retweets and shares those photos on their account, and this fulfills two purposes. One is to aid in marketing for said restaurant and direct more views to their accounts. Second, it amps up the excitement and buzz for the food and helps the customers plan out what places they want to hit up. And because food is everything.
— Caulfield’s (@CaulfieldsBH) January 18, 2016
— Mama Shelter LA (@MamaShelter_LA) January 18, 2016
A good event is where customers attend and leave feeling satisfied. A successful event is where the customers attend and is so satisfied that they make plans to come back again…very soon. So restaurants must create incentives that will draw them in again. dineLA has provided a quick cheat sheet for restaurants on how to reward customers for eating at their restaurant and give them a reason to come back in the future. This includes:
- Bringing in their receipt from Restaurant Week at a later date to get a free appetizer or discount off their next meal
- “Like” their Facebook page or upload a photo of their meal and receive a discount card for their next visit.
As these methods benefit the restaurant in the future, note that they used Restaurant Week as part of the methods. Marketing-wise, you have to milk the cow for what it’s worth. Even a receipt can be handy! So really map out all the ways an event can still be utilized for the future.
With all its social media engagement and branding, plus delicious food, dineLA is looking to be a great success this month!
Are you ready for a smarter way to engage with your customers?
Benchmark helps you do email marketing the practical way. Create an ongoing relationship with your subscribers that leads to increased sales and happier customers.


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Many homeowners in the UK are looking to go green to cut their power usage and get cheap energy, it has been claimed.
A study by M&S Home Insurance found 87 per cent of people are switching lights off with they are not in a room and 85 per cent have fitted energy efficient bulbs.
Seven out of ten will ensure they switch their central heating off when there is no-one at home and 64 per cent would rather wear extra layers to stay warm than turn up the thermostat.
Home Insurance Manager at M&S Money Fleur Carruthers said: "In the current economic climate saving money is a huge priority for most households, so it's great to see so many people are realising the financial benefits of going green while also helping the environment."
Recently, director at SustainableLivingExpert.co.uk Julia Goodfellow-Smith said people should consider fitting thermostatic radiator values so they can control the temperatures of rooms individually, as this is one way to save money and help the environment.
If you want to find out more about switching energy suppliers and how you could save hundreds of pounds in minutes, click here.
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WSJ sticks fork in Wal-Mart
The headline on page 1 of today’s Wall Street Journal (sub required) couldn’t be more devastating: "Wal-Mart Era Wanes Amid Big Shifts in Retail."
The piece essentially argues that Wal-Mart’s days as the most influential retailer in the United States are over, and compares the company to other deposed corporate leaders such as IBM, General Motors and Microsoft.
Here’s their take on what’s happened:
"In some ways, Wal-Mart’s loss of clout is a reflection of a more fragmented world. Retailing is a mirror to how we live and work. Big-box stores thrived by selling highly recognizable national brands, which themselves were fed by two phenomena: the growth of mass media and freeways, which encouraged large stores in remote areas. Stores and brands together achieved scale efficiencies that allowed them to overwhelm local chain stores and regional brands.
But the Internet is transforming the retail definition of scale. The once-stunning compilation of 142,000 items found in a Wal-Mart supercenter doesn’t seem so vast alongside the millions of products available on the Internet. At the same time, the cost of creating and sustaining a national brand is rising because of media fragmentation. Niche brands, created by Internet word of mouth, are winning shelf space and sapping profits required to fund big brands’ advertising. Manufacturers such as Apple Inc. and Phillips-Van Heusen Corp., lacking the retail distribution or presentation they crave, are opening their own stores. One result is that retail giants hold less sway over their customers — and over their suppliers."
I don’t think you’ll find many home textiles suppliers agreeing to the notion that large retailers hold less sway over their suppliers than they did previously. And the WSJ piece notes that Wal-Mart dawrfs the competition in terms of size, revenue and sheer profit volume.
As for some the stumbles highlighted in the piece — particularly the company’s retreat from Germany, South Korea and the widespread rollout of RFID tags — it’s worth noting that Wal-Mart’s corporate culture has long embraced failure as an inevitable component of learning how to succeed.
One need look no future for a potent example of that maxim than the 1987 launch of Hypermart USA. The concept flopped, but it taught Wal-Mart a great deal about fashioning a large-format food/general merchandise store, lessons that were applied to today’s 2,300+ Wal-Mart Supercenter units.
It also bears noting that Wal-Mart has barely begun to scratch the surface internationally. Eleven years ago, then international division chief Bob Martin predicted Wal-Mart would one day operate more stores in China than in the United States. (At the end of the most recent fiscal year, it had 73 stores in the country.) Then there’s India, where Wal-Mart plans to open its first cash-and-carry store by the end of the year. Officially, the venture envisions 10 to 15 such units over the coming seven years — a pace I’d bet will be accelerated should the venture prove out.
Also, as the other story out today on Wal-Mart demonstrates, the company can grow internationally beyond retail. Wire services are reporting that Wal-Mart de Mexico has cleared Mexican regulatory requirements and could open its first Banco Wal-Mart de Mexico Adelante as early as next month. So far thwarted from opening banks in the United States, Wal-Mart is taking the operation south, where an estimated 8 in 10 Mexicans can’t afford to open accounts in traditional banks. Talk about a potential new revenue stream!
Certainly, it is in the nature of behemoths to wear themselves out. But even a wounded pup can hang around for a long time (see Sears), and Wal-Mart’s not a wounded pup.
Wal-Mart may be experiencing a mid-life crisis, but I think it’s got a lot of life left in it.


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SuccessFactors to buy Jobs2web for $110M
- John Sailors
SuccessFactors Inc. has agreed to buy the rival firm Jobs2web for $110 million in cash.
SuccessFactors' (NYSE: SFSF) announcement of the deal comes just days after SAP AG announced it would buy SuccessFactors for $3.4 billion.
Jobs2web makes cloud-based software that helps recruiters search for job candidates on social media such as Twitter and LinkedIn.
SuccessFactors, which is based in San Mateo, said the purchase will bring it more than 150 new customers, including 3M, Merck, PepsiCo and Rackspace. Jobs2web will become a business unit of SuccessFactors.
The deal is expected to close in late 2011.
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Warren Buffett has announced that the Berkshire Hathaway (BRK-A, BRK-B) annual meeting will still be held, but greatly scaled-down and without any of the usual accompanying events and exhibits that typically characterize what is called the Woodstock of Capitalism. Buffett said that he was sad to make the change, but that it was the responsible thing to do.
Instead of the two days of meetings and merriment that included a massive exhibit hall filled with displays from Berkshire companies like Sees Candy, Coca-Cola (KO), and GEICO, as well as guided shopping tours, seminars with thousands of Chinese investors, and a running race, this year’s meeting will go from 3:45pm to 5pm on Saturday, May 2 in its usual venue, the CHI Health Center in Omaha, Nebraska.
“I’ll certainly be there,” Buffett, 89, told Yahoo Finance Editor in Chief Andy Serwer, and so too presumably will Berkshire Vice-Chairman Charlie Munger. Many directors are also expected to attend.
Berkshire will not allow shareholders to physically attend the meeting.
Buffett said he would take some questions from shareholders, but that they would be limited due to the shortened time frame. He added that it’s “possible one or more of” the usual trio of reporters, Carol Loomis, Becky Quick and Andrew Ross Sorkin will be present.
This is a far cry from the nearly seven hours of questions put to Munger and Buffett that is to many the highlight of the meeting. Practically speaking it means the Berkshire event won’t be all that different from any other big public company’s annual meeting.
Earlier in the week Buffett said shareholders still wanted to attend.
“We’ve had people call and say, ‘We want to come,’” he said.
[See Also: Warren Buffett reacts to the stock market rout]
But by Thursday the NBA announced that they would suspend its season, ditto for the NHL, while the NCAA canceled March Madness. Cities banned large gatherings and President Donald Trump on Wednesday said foreigners could no longer come to the United States from a number of European countries where people had been infected with COVID-19, another name for the coronavirus.
Typically, Buffett and right-hand-man Charlie Munger, 96, sit atop a stage in a nearly 18,000-seat arena, answering questions posed by shareholders who come from across the United States and abroad. Meanwhile, an adjoining convention center is filled with pop-up exhibitions from the likes of Kraft Heinz, Dairy Queen, and other companies in which Berkshire Hathaway holds an ownership stake.
Buffett wanted to continue the tradition but increasingly that became untenable. “It’s a lot of people, and particularly in the exhibition hall, it gets very, very crowded. I mean, there’s no way to space out people a few feet from each other,” Buffett says.
Notable other exhibitors on the convention floor include Berkshire Hathaway staples like Fruit of the Loom and Duracell. Clayton Homes, a home-building company acquired by Berkshire Hathaway in 2003, offers passersby a chance to throw a newspaper onto a mock-porch—a toss that Buffett has given a try each year since 2012.
Last year, a record 16,200 people attended the first day of the shareholder meeting. Berkshire Hathaway-owned Nebraska Furniture Mart sold $9.3 million in goods as part of a special promotion at last year’s event.
Buffett had released a statement by Berkshire Hathaway earlier this month saying the company would go forward with the event. At that point he said the company would inform attendees about any changes to plans or scheduling by April 1.
“We’ve got to give them plenty of notice, but we don’t have to make a judgment today,” he told me earlier in the week.
Now he has.
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CHENNAI: In an effort to recognise women who do business from home, Brand Avatar, an event management company will conduct Homepreneur Awards. “As there is no bar for education qualification and turnover of the company, many applicants are expected,” said L Hemachandran, CEO and founder, Brand Avatar.
The businesses can be anything from baking cakes, teaching, jewellery making and tailoring, even with a meagre profit of Rs 100 a day.
Among the winners, one ‘homepreneur’ will be selected by Nativelead and they will invest in their company. “We want to celebrate women who choose to pursue their passion and want to be financially independent. One of the entrepreneurs will be selected to expand their business with the help of investors,” said Aruna Subramaniam, founder, Bhoomika Trust.
The jury will have nine prominent personalities, including Mariazeena Johnson, pro-chancellor, Sathyabama University and Veena Kumaravel, co-founder, Naturals Salon. The awards event is scheduled to take place in August.
For details and registration visit www.homepreneurawards.com and www.suyasakthi.com


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New Balance is learning exactly how fast it can backpedal.
Ever since customers called for a boycott after the company’s vp of communications said it looked forward to working with President-Elect Trump — and a Neo-Nazi blogger called the shoes “the official shoes of white people” — the Boston-based shoe company has been doing damage control.
For the curious who Google “New Balance” and “Trump,” the first result they get is a sponsored search ad encouraging customers to “read the facts” before they boycott the shoe. The link goes to a BuzzFeed news story providing nuance to suggest New Balance merely agreed with Trump’s stance on trade.
It is unclear if New Balance itself bought the ad. New Balance didn’t respond with a request for comment, we’ll update if they do. A BuzzFeed spokesperson said the brand had not been in touch with the publisher before this ad went up and didn’t know why it’s linking to its story. “New Balance did not advertise with us on this and it appears they are using paid search to amplify a piece of editorial content outside of our knowledge or permission which technically goes against our terms of service,” said a spokesperson.
The company is also blanketing social media with its statements. Every comment on its Facebook posts right now is about Trump.
According to the BuzzFeed story, the communications official’s comments were taken out of context. The official said the company was looking forward to Donald Trump’s opposition to the Trans-Pacific Partnership, a 12-country pact that reduces trading barriers. Both Hillary Clinton and Bernie Sanders were also against the deal. After the social media uproar, New Balance said it supported Clinton and Sanders, and had a “unique perspective” on trade because it wants to manufacture more shoes in the U.S. A series of tweets clarified their positions.
— New Balance (@newbalance) November 15, 2016
— New Balance (@newbalance) November 10, 2016
For many customers, though, it still sounded like an endorsement of Trump. And when anti-Semitic and white supremacist website the Daily Stormer championed New Balance right after, that got worse. Distancing itself from the comments wasn’t enough, so the company is now on a PR offensive.
Competitors are hot on its tail: Reebok Classics is tweeting at people who are threatening to boycott New Balance offering them a pair of free Reeboks.
@artsy_indy Since it looks like your toilet may be clogged, shoot us a DM & we’ll send you some kicks to walk to the closest bathroom. 👀
— Reebok Classic (@ReebokClassics) November 11, 2016
It’s been an unusual political season for many reasons. With voter emotions running high on both sides of the aisle, some brand execs have made missteps when vocalizing opinions of their own. Matt Maloney, CEO of Grubhub, wrote a staff e-mail which, among other things, said Grubhub employees who agree with Trump’s policies should resign. The move sparked a Twitter campaign to boycott the company. Trump supporters also also launching boycotts against companies including Pepsi, where CEO Indra Nooyi said her employees are all “crying” over the election worried that minorities, women and LGBT people are no longer “safe.”
Brands have been advised for years to “join the conversation” on social media, but increasingly the conversation is wild-eyed people shouting each other down with accusations of intolerance and worse. According to Brandwatch, mentions on social media for companies in the crosshairs are through the roof, and they boil down to one question: Which side are you on? New Balance is the only company to make a pro-Trump comment since the election. Sentiment remained perhaps surprisingly somewhat positive on social media, compared with negative sentiments for companies that appeared anti-Trump.
“Trump supporters are in control of each of these conversations. We know this because they make it apparent in their social posts,” said a Brandwatch analyst.
A current list of companies Trump supporters are being told to boycott can be found on Reddit, maintained by a user named “WhiteChristianMan.”
Meanwhile, a spreadsheet has been circulating on Twitter listing the retailers that do business with the Trump family — including Amazon, Macy’s, Marshalls, Neiman Marcus, Nordstrom, Bloomingdale’s, and Lord and Taylor, all of which carry the Ivanka Trump collection — along with contact information their customer-relations departments.
Welcome to the new normal, brands.
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In the years since Activision Blizzard acquired the Swedish game studio King in 2016, employees at the gaming giant have started to internally refer to their company as “ABK” — that is, Activision Blizzard King. But the corporation’s recent financial reports indicate that “KAB” might be a more accurate abbreviation.
Independent agency Goat invests in influencer strategy for clients as it expands in the U.S.
Everyone is after influencers to up their marketing game. But the secret to success, Goat contends, is in viewing influencers as performance media and using data to deliver clients guaranteed outcomes.
SponsoredHow brands are measuring incremental performance on CTV
Connected TV is unique among other advertising channels because it combines linear television’s storytelling capabilities with digital marketing’s targeting and measurement. As more marketers leverage CTV advertisements to reach relevant and engaged audiences, they also want to understand the real value they are generating with their investment. Incrementality reporting and measurement allow advertisers to measure […]
Marketers bring Web3 to the FIFA World Cup with augmented reality, NFTs and virtual worlds
The month-long tournament, which begins this weekend, will be the first World Cup since it took place in Russia in 2018 long before “Web3” entered the global lexicon. Now, official and non-official sponsors are hoping to harness the hype with a range of NFTs, virtual worlds, augmented reality tools and other trendy tech.
U-Haul diversifies its social strategy to tell people it’s more than moving trucks
In recent years, U-Haul's in-house agency has been working to "better leverage social media for brand loyalty."


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Enacy Mapakame Business Reporter
Profit for hardware retail chain Powerspeed Electrical Limited, for the half year to March 31, 2018 surged 252 percent to $2 million on product range expansion and availability. Turnover jumped 55 percent to $37,2 million compared to $23 million during the same period last year as gross margins improved to 28,1 percent from 26,3 percent on improved sourcing.
Resultantly, gross profit increased by 66,1 percent to $10,5 million.
During the period under review, Powerspeed opened two new branches in Harare, one in Pomona, and the other in the Village Walk Complex, in Borrowdale.
“We are satisfied with the progress we have made towards our goal of establishing Electrosales Hardware as the leading brand for the retail and wholesale supply of all types of hardware and home improvement products.
“We have been expanding our range and availability of products. By purchasing high quality products at the best possible prices, we are sure that we are getting the best value for money, which we then pass on to our customers,” said Powerspeed in statement accompanying the group’s financial results
At $3,3 million, operating profit was 180 percent above prior year’s $1,1 million. Due to the branch expansion programme the firm undertook in the period, operating expenses grew by 37,6 percent to $7,4 million.
Borrowings remained high, at $9,9 million and as a result, finance costs increased by 39,6 percent to $566 000.
“However, given our recent investments in property and in inventory to feed the growth in throughput, we believe that this level of borrowings is less concerning than in previous years,” said Powerspeed.
The Engineering division increased throughput which improved its contribution to the group.
This was mainly buoyed by steady increase in demand as business optimism and activity continues to improve especially in the mining sector.
As a result, throughput and profitability in the operation, grew to $1,4 million from $888 000 and to $216 000 from $52 000 respectively.
Although disposable incomes remained limited, management at Powerspeed remains upbeat and encouraged by the substantial growth in throughput the business achieved as well as prospects of economic fortunes spurred by promises of credible elections and re-engagement processes.
“As always, we are optimistic about the future prospects of Zimbabwe, and the opportunities that these will bring to our business.
“We have identified a number of opportunities for increasing our footprint in the market, and we will be moving to open more branches,” said Powerspeed. No dividend was declared.


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Nintendo of America big cheese Reggie Fils-Aime has revealed that an N64 Classic Edition is not on the cards right now.
Rumours have been swirling about a mini version of the Big N’s cartridge based system for a while now, and at one point, it looked pretty certain it would happen. Take a look at this leak of a supposed N64 Classic Edition logo, for example.
However, speaking during an interview with Kotaku, the Regginator said that while he ‘would not ever rule something out… what I can tell you is certainly that’s not in our planning horizon.’
‘We were clear when we did the first two Classic series that, for us, these were limited time opportunities that were a way for us as a business to bridge from the conclusion of Wii U as a hardware system to the launch of Nintendo Switch,’ he explained. ‘That was the very strategic reason we launched the NES Classic system.’
Regardless whether or not there will be an N64 Classic Edition, one thing’s for sure – nostalgia sells. Nintendo recently confirmed that the NES and SNES Classics have sold over 10 million units combined, so there’s obviously a market for retro gaming in this form.
In the meantime, Ninty is still offering NES games as part of its Nintendo Switch Online subscription service.


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Since the beginning of this month, cotton prices have increased 39% on the domestic Indian market. However, due to rain in many regions of the nation, cotton arrivals have decreased to a 20-year low.But as arrivals pick up steam in the current season (October 2022–September 2023), trade and industry officials say prices are predicted to moderate and then begin to decline. Cotton arrivals in October 2010 were 61,572 tonnes, down from 1.12 lakh tonnes the previous year, according to the Agmarknet portal, a division of the Ministry of Agriculture. The influx of arrivals is at its lowest level since the period of 53,221 tonnes in 2003.
“Due to rains, arrivals are currently between 30,000 and 35,000 bales (170 kg), down from the usual 50,000 bales. Arrivals will rise and prices will drop if the weather improves, according to dealer Anand Popat of Rajkot, Gujarat.
Prices for the Shankar-6 variety, the benchmark for exports, are currently trading at 71,500 per sweet (356 kg), compared to 69,000 on September 30. At the Rajkot agricultural produce marketing committee (APMC) yard in Gujarat, the price of raw cotton climbed from $8,250 per quintal to $8,800 during that time.
“Prices are dropping down today (compared to 1 lakh candy in May), and we expect it to be in the 60,000 range per candy after arrival speak in India,” said Prabhu Dhamodharan, Convenor, Indian Texpreneurs Federation (ITF). “Cotton is in demand at the moment as mills attempt to increase inventories following a lengthy closure. How long can they leave their units unopened? In due order, arrivals will rise, according to Popat. If the weather stays favourable, the dealer from Rajkot predicted that cotton production will reach at least 375 lakh bales this year. There haven’t been any significant complaints of agricultural damage,” he said.
According to K Venkatachalam, Chief Advisor of the Tamilnadu Spinning Mills Association (v), cotton off-take is down, and many mills in Andhra Pradesh are closing as of right now. “Post-Diwali, spinning factories in Tamil Nadu may close due to a lack of yarn demand. How long can they keep going without customers?” he questioned. Even if inventory adjustments were being made, according to Dhamodharan, retail demand in the U.S. has not decreased significantly.


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Environmental awareness has become a lot more mainstream in the past couple of years with people vowing to stop using plastic to minimise their carbon footprint. Now, larger corporations are getting in on the act with Starbucks testing charging for cups, and Hardcastle Restaurants, the master franchisee for McDonald’s in the west and south India region, transitioning away from plastic to more biodegradable options (which, to be fair, is literally everything).
Hardcastle Restaurants released a statement mentioning how they have worked together with their suppliers to provide a more sustainable solution by using wooden cutlery and paper cups instead of plastic.
“The plastic cups have been replaced by superior quality paper cups. The straws are either made of paper or other biodegradable materials that are derived from corn starch. In addition, Hardcastle Restaurants is testing various alternatives to ensure the best experience to its customers,” the company said.
“As the leader in the Quick Service Restaurant space in India, we are committed to using our scale for good and working towards finding sustainable solutions across our business. This is in line with McDonald’s global vision of building a responsible business,” said Ranjit Paliath, Senior Vice President, Business Operations & Restaurant Enablement at Hardcastle Restaurants. So, the next time you give in to your McD cravings, at least you can rest in the knowledge that you’re keeping the planet a big greener as well.


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A study from Centrify, the leader in securing enterprise identities against cyberthreats, reveals that 75% of adults in the UK would stop doing business with, or would cancel a membership to, an organisation if it was hacked. This suggests, however, that a quarter would carry on using that company, despite the security risks to both personal and financial information.
The study of 2,400 people across the UK, Germany and the US, looks at consumer attitudes towards hacking and how likely consumers are to continue transacting with businesses, including retailers, banks, government, travel, health and hospitality organisations, after a cyber attack.
To some degree, most consumers expect to be hacked today, with 73% in the UK admitting that it has become normal or expected for businesses to be hacked. Despite this, only half feel that they are taking enough responsibility for the security of their customers’ or members’ personal information.
Most people believe that the burden of responsibility for security falls to the business. About two-thirds in each country rated organisations as a 9 or 10 on a 10-point scale in terms of how responsible they should be for preventing hacks and securing the personal information of their customers.
Individuals most likely to take their business elsewhere following a data breach include those who have had their personal information compromised in a hack previously, people who are tech savvy and who shop regularly online.
“If three-quarters of customers are prepared to walk away from a business if it has been compromised, then what kind of message is this sending to those organisations?” says Bill Mann, Chief Product Officer at Centrify. “We would say that it is a very clear call to action to those businesses to sort out their processes and do everything they can to protect confidential customer information.
“When companies put customer data at risk they are really putting their entire business at risk. People simply will not tolerate doing business with potentially risky organisations, so it’s time for them to take full responsibility for their security and put the proper measures in place once and for all,” Mann adds.
Banks and tax office good, retailers and travel sites bad
According to the survey, financial institutions have the best reputation when it comes to dealing with security breaches compared to other sectors. They top the list of seven different industries in terms of how well they handle security issues for their customers, although government/local government and HMRC come in a respectable second. Worryingly, retailers rank fourth and travel sites fifth in each country, while membership and hospitality businesses are the lowest ranked.
The Centrify study also shows that organisations are increasingly going public with news of security attacks and data breaches, often notifying their customers directly. Around one third in the UK have been notified of a hack. Of those notified of a hack, less than half (45%) of those in the UK found out that their personal information, such as an address or credit card information, had been compromised.
Monitoring bank transactions and changing passwords – both with the hacked organisation and on other sites – are the most common steps suggested by organisations after advising customers of a hack. It is less common for a business to recommend that customers request any kind of alerts, such as a fraud alert, or to consider a security freeze, or implement multi-factor authentication.
The Centrify study and infographic can be found at: www.centrify.com/identity


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Facebook to start a blockchain team – Recode
As per Recode, Facebook is making notable changes in its management team. The lead of Facebook Messenger will now be responsible for "a new internal team dedicated to exploring blockchain technology." Reports also tell us that many Instagram top level executives will also be joining the blockchain team.
Recode has not been able to give an in-depth explanation for Facebook’s interest in blockchain and Facebook has also not responded to the requests for a comment on the matter.
The important question here is: What is Blockchain? Well, here is the answer. It is a digital ledger technology that is used in cryptocurrencies such as Bitcoin. However, it is more commonly used encrypted way to keep a record of digital transactions and helps in figuring out the genuine online players.
Though Facebook’s interest in blockchain is yet to be figured out, Facebook CEO Mark Zuckerberg, in a January memo, has written that his aim is to study decentralizing technologiesencryption and cryptocurrency – “that take power centralized systems and put it back into people's hands," in his words. He also wants to check how these can be used in Facebook’s services.
Blockchain’s promise has not been able to keep up with the publicity it has received, however, it’s helping in other matters tracking shipments through ports and across oceans to finding out the origin of a diamond necklace. Its uses in Facebook are varied running advertisement infrastructure to facilitating person to person e-commerce to declaring user identities at the times of bots and scams.
Facebook comprises of a huge customer base and industry influence, which increases the need to form industry-spanning partnerships built on blockchain. However, Facebook exploring the world of blockchain is not surprising. It is as needed as users discover more about mobile phone apps or companies looking for artificial intelligence tools.


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Lifesize has introduced the first and only global 4K video calling solution. In an industry satisfied with the notion that “good enough is good enough,” Lifesize has taken a different approach.
“The company that introduced the first HD-capable videoconferencing system is now taking things to the next level,” said Ira M. Weinstein, managing partner at analyst firm Recon Research. “At a time when many solutions are sacrificing quality of experience in favour of cost, Lifesize is taking the opposite tact by providing full-motion 4K video and content sharing. The combination of these latest offerings and the company’s field-proven cloud service will pave the way for new use cases where the combination of ease of use and high resolution are a must.”
For many, videoconferencing is more than just a meetings tool — it’s a vital element of an end-to-end communication strategy. Your business isn’t just your products, services or brand. It’s people, conversations and relationships. And your ability to communicate effectively is what drives your company forward, from what it is to what it can be.
With the 4K Lifesize Icon 700 priced alongside competing 720p solutions, why would you even consider holding onto standard HD quality? People don’t buy 720p TVs for rooms anymore; they buy 4K because it represents the best quality, it’s future proof and the technology is priced lower than ever before. The same is true for videoconferencing equipment — the combination of quality, value and ease of use makes 4K the clear solution for the future of the conference room.


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NEW YORK — Bleecker Street’s combination of quaint antique shops and expensive designer brands has become a magnet for tourists and younger shoppers alike. Seeking to tap...
March 18, 2011
Burberry Brit Heads Downtown
On Thursday, the British fashion house unveiled a two-level, 4,150-square-foot store on Bleecker Street.
Ads by Google


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Coltejer to Abandon Giant Medellin-Metro Factory, Shift Remaining Operations to Rionegro
Medellin-based textile giant Coltejer revealed in a December 17 filing with Colombia’s Superfinanciera oversight agency that it now plans to abandon its foundational factory in the southern Medellin suburb of Itagüí.
When this abandonment is complete, all remaining textile operations will shift to Rionegro, Antioquia, according to the company, founded in 1907 by pioneering industrialist Alejandro Echavarría Isaza, his son Gabriel and five nephews.
Echavarría not only became Medellin’s most famous industrialist of the era, but also a crucial social benefactor with the founding of the Hospital San Vicente de Paúl complexes.
Echavarría later bought Medellin’s most famous castle-style residence, “El Castillo,” today a museum and event center owned by the city of Medellin.
Coltejer faced the first of many future financial crises in 1974 when world-wide textile manufacturers went overboard on production, resulting in below-cost contraband trade to Colombia. Such contraband has continued ever since, causing huge financial losses to Colombia’s textile producers generally and Coltejer specifically.
In 1978, Medellin-based industrial giant Carlos Ardila Lulle bought the majority of shares in the company, but he couldn’t reverse its fortunes. Then, in 2008, Mexican textile giant Grupo Kaltex became the majority shareholder, trying to find financial synergies.
According to yesterday’s filing with Superfinanciera, Coltejer’s board of directors have finally given-up on the historic Itagüí plant, selling it to real-estate developer Acierto Inmobiliario SA. As a result, Coltejer now plans to move its remaining operations to the Rionegro plant — tied to modifying certain outstanding credit arrangements with Grupo MCM Colombia S.A.S.
The credit rearrangement deal is tied to “canceling some guarantees that were in favor of [MCM] in order to replace them with properties located in the municipality of Rionegro. Mr. Rafael Kalach [president of Kaltex] abstained from voting on this proposition,” according to Coltejer’s filing.
“In accordance with the negotiation of a part of Coltejer’s land in Itagüí, the industrial operations of the plant [in Itagüí] will be discontinued, leaving the Rionegro plant in operation,” according to Coltejer.
Lands occupied by Coltejer’s factory complexes in Itagüí – now scheduled for non-industrial redevelopment — are valued at COP$178 billion (US$52 million), according to the filing.


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Born 40 years ago from the union of a dozen independent hardware retailers in the Orleans region who joined together under the name of ANPF, Mr. Bricolage is strengthening its presence in Morocco with a new opening. Indeed, the brand specialized in home and garden renovation and embellishment has announced the opening of its 8th point of sale in Morocco and 5th store in Casablanca.
A Group with a global reach
As of June 30, 2020, the Mr.Bricolage Group had 855 points of sale, under brand names or affiliates. 305 stores under the Mr.Bricolage banner (292 in mainland France and 13 in French overseas departments and territories), 69 stores under the Mr.Bricolage banner in 9 countries (Andorra (1), Belgium (44), Bulgaria (11), Cyprus (1), Ivory Coast (1), Macedonia (1), Madagascar (1), Morocco (7), Mauritius (2)), 106 stores under the les Briconautes banner and 375 Le Club affiliated stores.
In 2020 – the year of the brand’s 40th anniversary – the Group will continue to develop its network of stores under the banners and affiliates to achieve its ambition of reaching 1,000 points of sale by 2028. In Morocco, Mr.Bricolage currently has 8 points of sale: Casablanca (5), Marrakech (1), Tangier (1) and Agadir (1). The Group entered the Moroccan market in 2005 with a first opening in Casablanca. The latter is supported by the brand partner Brico Invest and its manager Majid Benjelloun.
Building on the success of its first points of sale, the Group continues to develop its network of stores in the country. Indeed, almost one year to the day after the previous one (November 8, 2019), Casablanca welcomes its 5th Mr.Bricolage store. The new establishment, which opened its doors on Thursday, November 19, employs 17 people. Located in the city center, it has a mezzanine and a total area of about 700 m². Mr.Bricolage offers a technical and decorative offer, garden and open air design. He welcomes his customers 7 days a week from 8:30 am to 8:30 pm.
“Our objective is to find the best positioning on each of the markets by bringing our know-how to our partners. “Yves Puddu, Director of International Development.


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CHRISTMAS shoppers have been given a boost after Gwynedd Council decided to provide free parking at its car parks in the run-up to the festive season.
As part of its campaign to encourage Gwynedd residents to shop locally and take advantage of the variety of Christmas gifts on offer in the county, the council will provide free parking at its car parks between Monday-Tuesday, December 12-27.
This is the fourth year the scheme has gone ahead.
Gwynedd Council leader Cllr Dyfed Edwards said: “Gwynedd’s small shops and businesses are the backbone of our local economy.
“As a council we are committed to doing everything we can to help and support them during the current challenging financial climate.
“Shopkeepers and business owners have told us that free parking in the run-up to Christmas helps to attract more customers to the town centres and leads to an increase in business at this crucial time of year.
“Our message again this year is simple – make the most of the free festive parking and get shopping in Gwynedd.”
Cllr Gareth Roberts, Gwynedd Council’s senior portfolio leader for the environment, said: “We are confident that providing free Christmas parking again this year in council-run car parks will encourage as many people as possible to shop locally and provide a festive boost for Gwynedd traders.”
Kate Jones, from the Deiniol Shopping Centre and who leads the Bangor Pride business group, said: “I think it’s good the council are doing this because every little things helps at Christmas.
“It helps local businesses, and for customers, even if they can save a £1 or so, it can make a big difference.”


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The royal wore a red off-the-shoulder dress for a garden party in Berlin, Germany
Princess Kate knows a good trend when she sees one!
For a garden party in honor of the Queen’s birthday at the British ambassador’s residence in Berlin on Wednesday, Kate wore an Alexander McQueen maxi dress that was about as 2017 as they come. It’s an off-the-shoulder dress — a style that started popping up last year and continues to trend this summer.
Kate also wore a pair of Prada scalloped sandals, yet another big trend. Kate’s a big fan of this Prada shoe in particular: She has a black pair too, which she wore to the Natural History Museum in London last week, in addition to the nude-hued pair.
Keeping in line with the rest of the trend-friendly ensemble, Kate wore a tassel-esque pair of statement earrings from Simone Rocha, with red stones creating one long tassel on each side.
Though the red color of the dress is now sold out, it’s still available in blush pink in a few sizes. And, of course, there’s a few replikates out there too: Like this Alice & Olivia dress, or this under $40 frock from ASOS.
RELATED VIDEO: Get It Twisted! Prince William and Princess Kate Test Their Pretzel-Making Skills in Germany
At the garden party, Kate and Prince William mingled with British expats living in Germany, as well as members of the business and cultural communities in Berlin. William also gave a speech (kicked off in German!) where he discussed the relationship between the United Kingdom and Germany, largely concerning the U.K.’s upcoming exit from the European Union.
“The United Kingdom and Germany proudly share the same values,” he said. “Today, we share a fundamental interest in the peace and prosperity of the continent of Europe to which we both belong. This relationship between the United Kingdom and Germany really matters. It will continue despite Britain’s recent decision to leave the EU.”
He concluded: “I am confident we shall remain the firmest of friends.”


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ROCKFORD, Ill. (WTVO) — Non-essential businesses that refuse to shut down during the COVID-19 outbreak could be hit with a fine.
Rockford City Council members voted on the proposal Monday night. The virtual meeting was held over video conferencing.
The council approved issuing fines of up to $750 against those businesses.
Illinois Gov. JB Pritzker issued a Shelter in Place executive order more than a week ago.
Rockford Mayor Tom McNamara says a majority of business owners are already complying.
Businesses that are considered “non-essential” are allowed to operate if they conduct business online only, manage payroll, inventory and perform routine maintenance.
But, they are strictly forbidden from allowing walk-in business.
Businesses that are not bars or restaurants or grocery stores cannot offer curbside pickup.
Questions can be directed to the new Winnebago County COVID-19 Hotline at 815-319-6705.
- Slight increase in rain and storm chances for the start of the weekend
- RPS school officials shed more light on back-to-school plan
- ‘There is no magic that occurs in Illinois versus Missouri’, Task force chief says about Pritzker comment
- Volunteers help RVC clean up tornado damage
- Rockford makes final push to get residents to fill out census


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As part of The Lonely Island’s current tour, the comedy trio is…ahem…propositioning fans to meet them outside of select stores after its shows. One brand that was part of the naughty shout-out, Edible Arrangements, decided to respond.
Flashing up behind band member Andy Samberg during the crew’s Boston stop on Monday evening was the message: "If anyone wants to fuck me, I'll be outside the Edible Arrangements on D & Broadway. Bad bitches only. Thank you, God bless."
That's why hahahahaha wow people really did that , that is so awesome. pic.twitter.com/VxJdloaT17— dunah87 (@introvertlady14) June 25, 2019
Edible Arrangements uses Sprout Social to pick up direct and indirect mentions of the brand so it can proactively engage in dialogue. On Tuesday, the day after the show, Edible Arrangements’ social media manager, Hannah Westbrooks, noticed what The Lonely Island had done. She and director of social media Matt Courtoy started digging around to figure out the context behind the social chatter and why the band had name-dropped Edible Arrangements.
"Several of us here at Edible Arrangements are huge fans of The Lonely Island," said Courtoy. "We got really excited just to be mentioned."
The fruit bouquet-maker’s social team knew it had to be careful with its response. Typically, the brand avoids engaging with explicit content, but Courtoy said he knew the band meant no harm with the gag and this was merely a lighthearted and fun mention.
"We knew we would miss an opportunity if we didn’t jump into the conversation," he explained.
Edible Arrangements tweeted directly at @TheLonelyIsland with an equally lighthearted message, asking why people were sleeping outside its D and Broadway location.
The Lonely Island, which has 777,000 followers on Twitter, then quote-tweeted Edible Arrangements.
"We were very excited that we got the quote-tweet from the gang," said Courtoy.
The tweet has garnered more than 1,000 likes.
Edible Arrangements kept the conversation going with one more response.
They kept saying they’re DTF, which I assume means "Doubling the fruit" ?? ?? ?? ??— Edible Arrangements (@edible) June 25, 2019
Courtoy said people really did come out to Edible Arrangements’ Broadway and D location following The Lonely Island show Monday night.
"About 25 or 30 people showed up, well after the store had closed," he said. "The Lonely Island guys shared a photo of everyone that showed up on their Instagram Stories. It looks like someone made or brought T-shirts to commemorate the occasion."
Courtoy noted that he would love to make Edible Arrangements the official meet-up for the tour.
However, it looks like the band, which includes Samberg, Akiva Schaffer and Jorma Taccone, has been pulling this stunt with various brands in other markets.
During The Lonely Island’s Philadelphia stop, a similarly worded message flashed up behind the stage about meeting at Ross Dress for Less at 8th and Market.
And during a New York show, fans were told to go to Honey Baked Ham.
YO @thelonelyisland, these bad b’s ran & took a lyft (#NotAnAd) to get here (aka "fulton & flatbush STEP ON IT SUCKER!!") and somehow made it first in line.. we love u long time! snack attack MF at the honeybaked ham. (@capn_sam8 & i met yesterday—thanks for bringing us together) pic.twitter.com/yhVbEDupSa— Sarah Weston (@sarahtweston) June 23, 2019


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Netflix relying on ‘Okja’ to boost salesWith the release of the movie “Okja,” directed by Bong Joon-ho, U.S. video streaming giant Netflix hopes to stand out in the Korean market it has been struggling to gain ground in.
Netflix has been investing in creating more Korean content, a similar strategy to the one it used when entering the French market where media restrictions are especially tough and foreign companies often struggle due to the strong national identity. In France, Netflix released a political drama series “Marseille” in May last year. The series was written, directed and cast in France.
The streaming giant has been announcing a series of plans to produce Korean-origin content. In January, it announced a plan to turn popular Korean web cartoon “Love Alarm” into a 12-episode drama series. In March, it announced another plan to produce an eight-episode drama dubbed “Kingdom,” written by Kim Eun-hee of “Signal” and directed by Kim Sung-hoon of “Tunnel.”
According to Netflix, it will invest $6 billion this year in content production, the bulk of which will be spent on producing 400 original productions in different countries including in Korea.
“One of the key countries for us is actually Korea,” said Jessica Lee, vice president of communications at Netflix’s Asia Pacific business at a press briefing Thursday. “Korea has great content creators and you will be seeing a lot of content coming online.”
However, there are remaining doubts on whether the Korean-origin content and simultaneous release of movies online and in theaters - like with “Okja” - will result in a favorable business environment for Netflix.
“Revolution by over-the-top industry players is not easy [in Korea] because the price of paid media services is very low,” said Kwak Dong-gyun, a researcher at Korea Information Society Development Institute in a report last week. “There needs to be a policy for subscribers to pay the right amount of money so profit return can be guaranteed to content providers.”
Over-the-top is a term used for the delivery of film and TV content via the internet without requiring users to subscribe to a traditional cable or satellite service.
While Korean consumers are very active online and on mobile devices, they still tend to look for free content. Even for “Okja”, released Thursday, an illegally copied version of the film has already been reported online.
Local industry players also worry that the fast-growing OTT market can end up being dominated by foreign players like Netflix, YouTube and Facebook.
According to data from market researcher DMC Media in April, 42.8 percent of the 1,000 consumers it surveyed said they use YouTube to watch video on their mobile device while 15.4 percent used Naver TV. The result was followed by Facebook at 9.1 percent, Oksusu at 8.0 percent and KakaoTV at 4.6 percent.
In Korea, the paid video streaming service most similar to Netflix is Oksusu, operated by SK Broadband, an affiliate of SK Telecom. This year, the company invested 5 billion won ($4.4 million) to create original content in partnership with local broadcasting companies, a very small sum compared to Netflix’s investment.
“We can’t abandon the service, because we see that the OTT market is rapidly growing, however for the time being local players don’t stand a chance against foreign giants,” said a spokesperson from SK Broadband. “But we will keep increasing investment to gain ground.”
BY KIM JEE-HEE [email@example.com]
with the Korea JoongAng Daily
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Electrical car gross sales grew virtually 60 per cent final yr however they should decide up the tempo much more to hit the brand new federal gross sales mandates anticipated by the top of this yr.
Statistics Canada launched the most recent quarterly information on new car registrations Thursday, exhibiting within the fourth quarter of 2021, plug-in automobiles and SUVs made up greater than six per cent of latest car registrations for the primary time.
Throughout the entire yr, 86,000 battery-electric and plug-in hybrids have been bought, accounting for five.2 per cent of latest registrations. That compares with 54,000 in 2020, making up 3.5 per cent of complete car registrations.
5 years in the past, electrical autos made up fewer than one in 100 new automobiles bought. In 2021, they made up one in 20.
Trudeau outlines new local weather plan, together with cuts to grease and gasoline emissions
Atmosphere Minister Steven Guilbeault intends to mandate that by 2026 electrical autos make up one in 5 new passenger autos bought. By 2030, it have to be at the least half, and by 2035, all new autos bought should run on batteries.
He’s at the moment growing a nationwide gross sales quota system that can impose penalties on dealerships or automotive corporations that don’t promote sufficient electrical autos.
“Switching to an electrical car is without doubt one of the most impactful issues Canadians can do to assist struggle local weather change,” Guilbeault stated in an announcement to The Canadian Press.
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Passenger automobiles and vehicles made up greater than half the greenhouse gasoline emissions from street transportation in 2020, and greater than one-tenth of Canada’s complete emissions that yr.
Quebec and British Columbia have already got provincial gross sales mandates and have had purchase-price rebates for years. In addition they lead the pack in general gross sales, with 71 per cent of all new electrical autos in Canada registered in these two provinces in 2021.
Within the final 5 years, three in each 4 electrical autos have been registered in Quebec or B.C.
Inside Quebec, electrical autos made up 9 per cent of latest registrations in 2021, and in B.C. it was 11.6 per cent. Ontario, which is the subsequent highest, is at three per cent.
Each province noticed development in electrical car registrations in 2021.
Ontario, feds to every spend $259M to assist remodel GM crops in Oshawa, Ingersoll
Whereas development in electrical car gross sales is going on, it isn’t on tempo to satisfy Guilbeault’s new targets. On the present fee of development, electrical autos will make up roughly 15 to 16 per cent of latest registrations by the top of 2026.
The nationwide gross sales mandate is predicted to assist, however Guilbeault stated Thursday the federal government is investing closely to assist the Canadian auto trade remodel to pump out electrical autos, in addition to funding extra charging stations and increasing the federal rebate program for electrical autos.
On Friday, Transport Minister Omar Alghabra will announce how the federal government intends to develop that rebate program so dearer SUVs and pickup vehicles coming onto the electrical car market can qualify.
For the reason that rebates started flowing in Could 2019, greater than 141,000 autos have certified for as much as $5,000 off the acquisition worth. As of March 31, $611 million went to the rebates.
The latest finances is including one other $1.7 billion to maintain them flowing for an additional few years and lift the utmost buy worth.
© 2022 The Canadian Press


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If you’ve ever entered a Flying Tiger store, you know how simple it is to lose hours perusing the shelves for the newest must-have home appliances and other items.
Now that they are offering mystery bags to their customers, there are even more reasons to visit the high street shop.
The well-known store has begun to stock two different types of bags that are filled with consumer-favorite, top-secret goods.
People have been going crazy for the two different bags that are on sale, one of which is priced at £3 and the other at £5.
Influencer and TikTok user Callum Ryan is the most recent user to try out the social media trend.
Callum said he was excited to try out the “TikTok viral £3 mystery bags” to his followers on the social media platform, where he can be found as @thatonecal.
“These big, blue mystery bags are impossible to miss when you walk into the store,” he said.
Then, joking that he couldn’t wait any longer, he recorded himself purchasing one from the store and then opening it to see what was inside.
So let’s find out what’s inside, Callum continued.
We have a tote bag, some socks, and a handheld disco light in our mystery bag.
Also included аre а pretty cool, stylish notebook аnd, аs а bonus, а musicаl cаke tin.
Do you think it wаs worth the money, Cаllum аsked his followers аfter posting the video, which hаs received over 68,000 likes? Should we purchаse а lаrger one?
Mаny of his TikTok fаns sаid they couldn’t wаit to get their hаnds on one аnd see whаt hidden gems they would receive аs they left hundreds of comments.
Another person continued, “We should get one, the disco thing wаs £5 аlone.”


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Germany preparing to soften spending stance?
On Sunday, finance minister Olaf Scholz suggested the government would aim to muster €50 billion of extra spending in case of an economic crisis
The German government is getting ready to act to shore up Europe’s largest economy, preparing fiscal stimulus measures that could be triggered by a deep recession, according to two people with direct knowledge of the matter.
The programme would be designed to bolster the domestic economy and consumer spending to prevent large-scale unemployment, said the people.
Similar to bonuses granted in the 2009 crisis to prod...
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As you’d expect, the new engine delivers more horsepower, which will go a long way to improving drivability in GM’s midsize sedans and crossovers. In the 2013 Chevy Malibu, Car and Driver reports that the new engine will make 190 horsepower and 180 pound-feet of torque.
That’s a noticeable improvement over the current port-injected, 2.4-liter engine in the 2012 Malibu, which puts out 169 horsepower and 160 pound feet of torque. Even in direct-injected versions (as used in the 2012 Buick Regal), the current engine makes only 182 horsepower.
You can expect similar horsepower in other GM applications, but the automaker isn’t releasing fuel economy data yet. Expect the 2.5-liter four to be at least as fuel efficient (but probably more so) as the engine it replaces.
GM plans to roll out its new four-banger across product lines in the next 12 months. It’s not yet know if it will adopt the 2.5-liter engine for use in its EcoAssist hybrids, which currently used a version of the 2.4-liter four.


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This Saturday, Louisvillians can take a brief break from Derby fever and turn their festive minds toward another local treasure, as Carmichael’s Bookstore celebrates Independent Bookstore Day with a variety of activities, including a scavenger hunt, appearances by local authors and an array of special Independent Bookstore Day merch.
Kelly Estep, manager of the Carmichael’s Bardstown Road store and Carmichael’s Kids, was joined by Rebecca Bernstein, events coordinator at Carmichael’s Kids, and the two gave Insider Louisville the lowdown in a recent interview.
Estep says the special event grew from the independent bookstore scene in California.
“They are lucky enough to have an independent organization out there that’s really sort of vibrant,” she says. “Some smart person said, ‘We should celebrate this,’ and they did it with California Bookstore Day.”
The event was successful, and the idea quickly spread.
“The independent book store industry is extremely tight knit, and there is very little proprietary stuff going on,” adds Estep. “We all share ideas with one another.”
Estep also notes that the success of Record Store Day encouraged bookstores to take a chance on the idea.
Now in its second year, she says the event is expanding and getting more attention from publishers. “They had more traction with the publishers and with authors to say, ‘This was a success. Don’t you want to be a part of it?’”
Apparently they do, as Carmichael’s has an array of special merchandise to offer this Saturday. Estep says the hot-ticket items can vary from store to store, but she has some pretty strong ideas about what will be popular. In fact, some people have already shown up trying to get their hands on the special merch.
“I already had some people who were confused about the date who came in on the last day of March, at 8 o’clock in the morning, wanting their Neil Gaiman book,” she says. Gaiman, a best-selling fantasy author with a passionate fandom, has created a coloring book for Independent Bookstore Day. Supplies are limited.
Estep says that kind of support from authors is great, citing their social media prowess and ability to generate excitement. “It’s always great to have somebody like that on board to do things.”
She suspects other popular items will include an original book from Ann Patchett titled “A $6 Story: The Care & Feeding of an Independent Bookstore,” and Anthony Bourdain’s “Perfect Burger Print,” both of which come signed.
But the day isn’t just about tracking down collector’s items. Carmichael’s is offering tons of activities, including food tastings with local chef Ed Lee and cocktails with The Bar Belle, aka Insider’s Sara Havens.
And a scavenger hunt. Ya’ll, there’s a scavenger hunt! I know I’m not the only person who gets excited about these things.
The scavenger hunt is based off the best-selling children’s book “Rad American Women A-Z.” It’s been a popular book, says Bernstein, who is organizing the hunt.
“There are so many people who have come in and are, like, ‘Thank you, my daughter needs to know this, my son needs to know this, I need to know this,’” she says.
The book features 26 bold images, one for each letter of the alphabet. Bernstein has chosen five images of women from the book to hide in each Carmichael’s store. That’s right — it’s an inter-store scavenger hunt! The winner will receive a gift certificate, but Bernstein says winning isn’t the only reason to compete. “(It’s) going to be really fun, not only because it’s fun to find things, but because then you can start conversations.”
Dark times for bookstores have been prophesied for years, but Bernstein says the gloom and doom is unfounded.
“(It) simply isn’t true.” She points to that very ability to start conversations as being one of the things keeping bookstores strong. “Independent bookstores especially are a places of learning and meeting and finding things — and the celebration of learning that comes from being in a place of books.”
Bernstein also points to involvement in local community as being something that has has helped Carmichael’s stay strong. “We’re one of the founding members of LIBA,” she says. “I think we’ve built our place in the community because we are so focused on independent business that makes it easy to reach out to people.”
Independent Bookstore Day takes place from 9 a.m.-9 p.m. at Carmichael’s Bookstore, 2720 Frankfort Ave. For a full list of special merchandise, including a vinyl records based on the book of “Rad American Women,” and activities, check the Carmichael’s website.
And if Saturday doesn’t slake your thirst for bookstore scavenger hunts, head back to Carmichael’s the first week in May for Children’s Book Week for more scavenging.


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Starting today, if you've got a gripe about mistakes on your credit reports, the federal financial protection bureau wants to hear about it.
"Consumers need an avenue of recourse when they feel they have been wronged," said Richard Cordray, director of the Consumer Financial Protection Bureau, in a statement.
Once you've done that, the CFPB wants to hear from you. You can file a complaint if you're unhappy due to:
--incorrect information on a credit report;
--a credit bureau's handling of your situation;
--improper use of a credit report;
--inability to get a copy of a credit score or file;
--problems with credit monitoring or identity theft protection services.
What's so important about your credit reports? They're the basis of everyone's 3-digit credit score, which can determine what you'll pay on a home mortgage, if you'll get approved for a credit card and sometimes whether you'll be hired for a new job.
If there's an error in those reports, it could negatively drop your credit score, which could cost you plenty.
As the CFPB notes, the country's three largest credit reporting agencies have files on more than 200 million Americans and issue more than 3 billion consumer reports a year. So the chances of an error are pretty good.
Each year, every adult is entitled to a free copy of their credit report from each of the three bureaus. That's three free reports every 12 months.The best place to obtain your annual copies is annualcreditreport.com


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Jumty wrote: »
Technobadger. I think the traditional schoolwear businesses are close to meltdown. Firms have gone bust or have new owners and there are more stories this year of delays in supplying uniforms which suggests that these companies are struggling to finance sufficient stocks.
Incl. free 0% overdrafts and railcards
Here's what we've found...
Here's what you need to know


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We are still unsure if and when Samsung will bring the Note5 to Europe worldwide and in the meantime, all we can do is keep tabs on its progress on the home South Korean turf. Today brings the latest piece of news about the handset – Samsung has announced a special Winter Edition for the holiday season. Its distinctive feature is undoubtedly the 128GB of built-in storage – an option that was circulated in rumors prior to the Note5’s initial release, but never came to pass.
The Winter Edition Note5 will only be available in the South Korean market, through SKT and KT carriers and with a price tag of KRW 999,900 (about $845 at current exchange rates). Color options for the handset include Gold Platinum and Silver Titanium.
Samsung is offering other holiday deals as well on various S6 edge models, wireless chargers, battery packs as well as accessories like the Gear VR and Gear S2 smartwatch. As usual, you can get a pretty good deal this time of year.
And if it is the Note5 you are after in particular and you currently reside in neither the US nor South Korea, you might actually have to wait just a bit longer, as rumors have been hinting at an early 2016 EU release.


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Someone Spends Millions on Coins.com and Looks for a Major Partner
The domain Coins.com has been sold for an “undisclosed seven figure amount” and the buyer is “seeking to position Coins.com in a joint venture capacity with a major group”, according to the blog DomainInvesting.com.
The domain is currently registered to IP attorney Stevan Lieberman, while the new registrant of the domain is Adam Perzow, who was previously associated with Investing.com, and is one of two co-founders of MD Insider, Inc., a machine learning data company in the healthcare sector.
In an interview with the blog, run by Elliot Silver, an Internet entrepreneur engaged in the domain business, Perzow confirmed the transaction.
Perzow told the blog owner that since acquiring Coins.com, he has been contacted by quite a few of the larger crypto companies and exchanges who have either tried to buy Coins.com or have proposed other types of deals. He has also received offers of “almost USD 10 million from existing crypto players.”
However, the buyer is “seeking to position Coins.com in a joint venture capacity with a major group (i.e. top digital asset exchange or platform in the cryptocurrency space, or traditional stock exchange or IBANK like Nasdaq, Deutsche Boerse or Goldman Sachs).” They have also started inviting visitors of the page to “get involved in building the Coins.com network.”
The domain name had previously been registered to Stacks Bowers, a company that conducts auctions of rare coins and currency.
As one user in the comment section of the blog puts it, “The domain world is definitely mooning again!”
As reported on Monday, the domain Crypto.com, whose owner Matt Blaze has held out for a long time refusing to sell it to cryptocurrency companies, is now owned by exactly that.


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The company generated strong earnings per share growth during the third quarter, with EPS of $0.52 and adjusted EPS of $0.53, up 6 per cent compared to the prior year. "Stronger than expected adjusted EPS was due to more favourable product mix in printwear, earnings contribution from the impact of the American apparel transaction, and lower income taxes, partly offset by lower than expected branded apparel sales, reflecting the continuation of a challenging retail market," the company said in a press release.
Consolidated net sales of $716.4 million in the third quarter ended October 1, 2017, were essentially flat compared to the prior year as printwear sales growth of 4.1 per cent was offset by 6.9 per cent decline in branded apparel sales compared to the third quarter of last year. Consolidated SG&A expenses as a percentage of sales were 13.2 per cent in the third quarter compared to 12.1 per cent in the same quarter last year, primarily due to the impact of the American apparel acquisition. The company generated a strong adjusted operating margin for the quarter of 17.8 per cent, slightly down from 18.3 per cent in the prior year quarter.
Consolidated net sales growth for the full year is now projected to be in the mid to high single digit range compared to the company's previous estimate of high single digit net sales growth. The company continues to expect strong full year printwear net sales growth in the high single digit range, while it is now projecting branded apparel net sales growth in the low single digit range versus its previous projection of high single digit growth, given current retail market conditions.
Due to stronger adjusted EPS, the company has expected adjusted diluted EPS for the full year to be in the range of $1.70-$1.72, up 13 per cent at the mid-point of the range compared to adjusted EPS of $1.51 in the prior year. The company also updated its expectation for adjusted EBITDA for 2017 to be in the range of $580 -$590 million, up from its prior estimate of adjusted EBITDA at the high end of the $555-$585 million guidance range. Full year capital expenditures are projected to be approximately $100 million. Free cash flow is expected in excess of $450 million for the year compared to its previous estimate of in excess of $425 million. (RR)
Fibre2Fashion News Desk – India


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While the question of the value of earning an MBA degree has been a hot topic for years, recently there has been a new wave of skepticism regarding the skills of the MBA grads: their ability to successfully start and run a company.
The loudest (and arguably most salient) critic is Elon Musk, the second richest person in the world at the moment, who in a recent WSJ interview denounced the MBA-ization of America and blamed MBAs for spending too much time on board meetings and not enough on innovation.
Four recent MBAs however, bet on the opposite.
Two years ago Hiro Tien and Hansae Catlett (both from Stanford), Josh Hoffman-Senn (Harvard), and Sieva Kozinsky (Wharton) launched The MBA Fund, which invests in companies coming out of the three business schools where the Fund’s partners got their business degrees from.
“The thesis from day one is that the top MBA founders are providing outsized returns but are overlooked by a lot of top names,” Tien, one of the partners, states. “Elon Musk has publicly shamed MBAs for not being good, but we found that year over year the numbers are telling a different story.”
Backers of the MBA Fund include Evan Moore, a Co-founder of DoorDash and partner at Khosla Ventures and Pete Flint, cofounder of Trulia and Managing Partner at NFX.
The MBA Fund has invested $2.2 million in over 60 companies so far.
Once a year, the fund organizes a pitch competition at Stanford, Harvard and Wharton, where the judges pick winners that get awarded a certain amount of money to pursue their companies. The pitching competition money is separate from the fund, and comes from the judges at the competition (some companies win checks from both judges and The MBA Fund).
Winners of the competition from last year include Vise.ai, which earlier this month announced a $45 million Series B round led by Sequoia.
Tien says that this year they received over 300 applications for the pitching contest, but they narrowed all the applications down to the finalists or about 12 from each school. Ultimately, about 15 split the $1.3 million among them this year.
Tien says that they dug up past 10 years of data for business school founders at Stanford, Wharton and HBS and every single year they saw at least one major success story coming out of each of these schools. “If you think of companies like SoFi, DoorDash, Skybox,they all come from Stanford’s GSB in consecutive years,” Tien says. “At Wharton you think about Warby Parker, General Assembly, Harry’s, Het.com all started by business school grads, and at HBS you have Grab and Farmers Business Network, for example.”
According to Tien, with the seed bar raising and the Series A raising and the amounts getting bigger and bigger, there is a vacuum in that space where people are filling in the pre-seed void.
“When we came to business school we left our companies to search for new adventures, and we realized that a lot of our classmates look like the future DoorDash and future SoFi, but right now they had no idea how to go about fundraising or first go to market,” Tien says. “They are smart people, they will figure it out in six months or less, but they need the support, they need the mentorship and that's the main problem we are solving for founders coming from these schools.”


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i2i Events Group and UKTI strengthen their partnership and extend agreement into 2014
i2i Events Group and UK Trade & Investment (UKTI) are delighted to announce a strengthening and extension of their partnership agreement.Â The agreement will now cover events into 2014 and will see official UKTI participation at Bett, Pure London, Spring Fair and The Education Show, amongst others, in addition to sectors previously agreed for 2013. Â Â
The partnership between i2i and UKTI primarily aims to inspire and support UK based SMEs in their efforts to succeed internationally, establish a foothold in new markets and capitalise further on existing business opportunities.Â By working as i2i's International Business Partner, UKTI will be able to provide UK companies an entry point to international markets and offer them a number of pre-event and on-site benefits.Â These could include networking opportunities at buyer receptions and on-site showcases, pre-event support in the form of inspirational content delivered in a face-to-face setting or in report format, as well as hosted buyer programmes to bring in relevant buyers to UK events.Â Additional marketing support and promotional activities will also be offered to UKTI participants to highlight their presence at i2i events, as part of a â€˜best of British' remit.
A key focus of the new partnership will be to increase the number of international buyers attending i2i events. UKTI has an extensive network of professional advisers both within the UK and across more than 100 international markets, and by combining this reach with the global contacts of i2i, new international buyers will be brought to the events giving UKTI participants access to an even broader base of prospective customers.
Robert Driver, Director of Technology, Innovation & Events UKTI, says, â€œWe are delighted to announce this strengthening of our partnership with i2i Events Group.Â We believe that this partnership will bring huge advantages to UK companies in their plans to take their products and services global, and we look forward to working closely with them to achieve their goals.â€'
Mark Shashoua, CEO i2i Events Group comments, â€œWe have already worked very successfully with UKTI on a number of i2i events and I am delighted that we have been able to strengthen and extend our partnership into 2014.Â i2i Events Group is dedicated to enhancing customer value and proud to open up a world of possibility for the global decision makers who comprise our customers.Â This agreement with UKTI will enable us to further support our UK customer base and promote UK business on a global stage.â€'Â


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The Real Deal is the go-to source for national real estate news coverage, with a newsletter program that reaches over 300,000 subscribers. However, the process of monetizing their campaigns required manual drag-and-drop into each template, and the process was cumbersome and time-consuming.
That’s until PowerInbox’s AdServer for Email came in. Since it integrates directly with Google Ad Manager (GAM), The Real Deal’s Director of Ad Ops Shlomo Kutner could consolidate ad management (both email and web) into a single platform. This dramatically reduced the amount of manual effort required to traffic campaigns across web and in email.
Using this new, simplified workflow, the AdServer for Email solution cut the time Shlomo’s ad ops team spent on trafficking ads from a few hours to just 15 minutes. Now they have more time to focus on optimizing content and developing new newsletter products that will drive even more traffic back to their website.
Read the full story in our latest case study.


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Business milestone: Culligan Water Products owner celebrates 40 years
Published: Sunday, May 26, 2013 at 5:30 a.m.
Last Modified: Saturday, May 25, 2013 at 10:25 a.m.
DAYTONA BEACH — Michael Carey, the franchise owner of Culligan Water Products at 2232 Dunn Ave. in Daytona Beach, is celebrating 40 years as a Culligan dealer — and 25 years for his business in its current location.
Carey and his father, Philip Carey, purchased the Culligan Soft Water business in 1973, which at the time was on Nova Road in Holly Hill.
“I started as a deliveryman at the Nova Road business,” he recalled, adding that he was 20 years old at the time.
In 1988, Carey and his father moved their business to its present location, a 16,000-square-foot building in the Daytona Business Park.
This year, the business installed a high-speed bottling plant. Over the years, Carey’s company also acquired Culligan franchises in DeLand and Melbourne.
Carey said has no plans to retire.
“I’m going to go at least 10 or 15 more years,” he said with a smile.
For more information: 386-274-5036.
Send us your business milestone photos
Businesses celebrating their recent grand opening ribbon-cutting events or their 20th, 25th or 30th anniversaries or anniversaries in 10-year increments beyond that, as well as their 75th anniversary, are invited to submit photos and a short description of their business to The News-Journal. Email your photos and business ribbon-cuttings and/or business anniversary announcements to firstname.lastname@example.org. Please include a daytime phone number so we can contact you if we need additional information. Photos must include names of those pictured as well as the name of the photographer. For questions, call Clayton Park at 386-681-2470.
All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.


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PINOY Instagrammers can now share their life’s moments way better. Instagram, the hit photo-sharing tool has introduced video as one of its new features.
described as “everything you love in Instagram – and it moves,” the new feature focus on simplicity, beauty and community.
over the past 2.5 years, Instagram has become a community where you can capture and share the world’s moments. some of these however need more than plain and static image to come to life. this is similar to Vine which offers short video services.
read more [blog.instagram.com]


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Kosovo’s wood sector shows great growth potential in a country currently suffering from high unemployment and poverty. (Julie Hunt, swissinfo.chexternal link)
Over the past decade, many Kosovar wood processing companies have expanded. They would like to export their goods to western countries but visa restrictions and the high costs of visiting trade fairs are major obstacles to increasing trade. The Swiss, channelling funds through the Swisscontact foundation, recently helped three Kosovar companies to visit the Swissbau exhibition in Basel.


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Google has confirmed that it is to terminate its Wallet Card on June 30. “Moving forward, we want to focus on making it easier than ever to send and receive money with the Google Wallet app,” the company says. Reports that Google was to end support for the physical card emerged earlier this week following an app teardown by Android Police.
- Spanish winemaker uses NFC in major promotional campaign
- AIB celebrates Apple Pay launch with €0.01 ice cream cones
- How facial recognition could replace train tickets
- Convenience store Cheers opens first unmanned, cashless outlet
- Visa chasing Indian payments market as mobile money gains traction


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Disney has reported some big losses when it comes to streaming (to the tune of around $1.5 BILLION). That, among other factors, led to the end of Bob Chapek’s time as CEO and the reintroduction of Bob Iger in the CEO position.
But what’s been going on with the Disney parks? While streaming continues to lose money, the Disney parks are holding up the ship and bringing in BIG revenues and promising news in terms of demand still outpacing capacity. Now, we’ve got a more in-depth look at just what’s been going on with the parks and why those increased prices you’re paying for tickets might not go away anytime soon.


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Bajaj Auto has been going great guns since the KTM alliance churning out competitions scorchers with the KTMs and the new age Pulsars. But it was high time that the 150s and the 180s saw a serious upgrade in the face of the competition and it was ... Motoroids.com, 2 days ago
Bajaj Pulsar 200 SS hi-res photos gives a clearer picture of what to expect - Rush Lane, 21 hours ago
Bajaj Pulsar 200 SS Parts Found In Mumbai - MotorBeam.com, 5 days ago
1 images for "ns bajaj ktm"
With the Pulsar CS400 appearing to be production ready, it's not far away from launch and could be launched in India by the end of this year or early next year. Bajaj Auto showcased the Pulsar CS400 in Indonesia recently Bajaj Auto might be an ...MotorBeam.com, 1 month ago SPIED: Near production ready Bajaj Pulsar 150NS spotted in India Motoroids.com, 1 month ago
Bajaj Auto plans a massive product onslaught to regain its lost market share in the domestic market. The company is betting big across all segments. The Pulsar 400 SS is likely to be launched in June 2015 After finally waking up from its ...MotorBeam.com, 1 month ago Bajaj Aims To Become A Global Leader In Motorcycles MotorBeam.com, 1 month ago
TVS is testing the Draken X21 in India. The concept bike was showcased at 2014 Auto Expo and the next generation Apache is said to be based on the Draken concept. The test mule is sans most of the styling elements Things are getting really hot ...MotorBeam.com, 3 days ago
KTM has been working on off-road (scrambler) bikes for the Indian market. The Austrian company has plans to enter into this segment, as the Hero Impulse was a good learning as a case study and now manufacturers are working towards introducing its ...Business Standard Motoring, 1 week ago Top 5 naked roadster motorcycles coming to India Gaadi.com, 1 month ago 2015 Upcoming bikes in India Burn Your Fuel, 1 month ago New Bike Launches In India In 2015 Upcoming 200-400cc Bikes MotorBeam.com, 2 months ago
KTM has been working on off-road (scrambler) bikes for the India n market. The Austrian company has plans to enter into this segment, as the Hero Impulse was a good learning as a case study and now manufacturers are working towards introducing its ...Business Standard Motoring, 1 week ago
Bike News, Breaking News, Latest News 30 January 2015 A+ A- Email Print Looks like the TVS-BMW alliance is bearing a fruitful result, as the first product developed by the alliance has been spied during its testing on the roads of Germany.Gaadi.com, 1 month ago Is TVS developing 3 new variants of Apache? Burn Your Fuel, 2 months ago
2015 Honda CB Unicorn 160 Click above for high resolution picture gallery Bike Tested: 2015 Honda CB Unicorn 160 Price OTR Mumbai: Rs. 86,000/- (Disc), Rs. 91,000/- (CBS) The 160cc engine in the Unicorn 160 is impressive and shows why ...MotorBeam.com, 1 month ago
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'It Has Been Hell': International Students Endure Pandemic
With travel restrictions and advisories in effect across the country, many people are missing loved ones this holiday season. For two UC Berkeley students from Africa, it’s been an especially bittersweet time. KQED’s Chloe Veltman reports.
This article was originally published on WBUR.org.
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