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After strong growth, auto sales fell in August.
Major auto makers reported a drop in sales in August. The drop in sales means carmakers are unlikely to hit a record year in 2015 and could signal a slowdown in the car market.
ARI SHAPIRO, host:
Car sales have been a bright spot in the last few years of the economic recovery. And I’m using the word car, because trucks and suvs now sell more than cars. The auto industry has enjoyed strong sales for seven years. Last year was a record, but the latest figures, which began in August, show a decline. NPR’s Sonari Glinton reports.
Sonari greenton: I’ll explain the state of the car economy in about 2 minutes and 20 seconds. Are you ready? Set, go. The first problem is Jessica Caldwell, senior analyst at edmunds.com. After seven years of growth, does the decline in car sales mean that the good times in the auto industry are over?
JESSICA CALDWELL: I don’t think the good days are out. I mean, 2015 was a record year for new car sales, and it’s pretty good that we’re pretty much the same. We just don’t see the big growth we’ve grown accustomed to since the recession.
CALDWELL: they can quickly turn to any market volatility, they are likely to see this is very important because we’re not just talking about the United States, but we are talking about, you know — the whole world is now in driving, this also is in the past ten years, the situation is different.
ASHKAY ANAND: my name is Akshay ANAND and I’m an analyst at Kelley Blue Book.
Greenton: anand says even the most popular models – suvs and trucks – showed some weakness in August.
ANAND: I don’t think things will suddenly collapse, but at the same time, it does call on carmakers to start being more disciplined – right? – because it has long been a period of double-digit growth across the board. We just won’t see it again.
GLINTON: at the same time, Eric Lyman, with truecar.com, says car sales have peaked, but…
ERIC LYMAN: I think it’s more about industry demand. So we see that the macro picture is still very strong. We are close to full employment. Interest rates are still low. Credit is available. So there seems to be a low demand for cars.
Stephanie brinley: frankly, the pain of the recession is too close, and we still remember that it was too sharp.
GLINTON: Stephanie Brinley works with IHS Automotive.
Brinley: the industry is cyclical. You know, if we have seven years of growth, that’s unusual, that’s atypical. The real problem is that if sales shrink in 2017 or 2018, the industry will grow healthily.
Greenton: okay, the last analyst – the last word – Julius and Smith Moore is in st. Louis.
JULI NIEMANN: but car manufacturing is no longer the main driver of the economy as it used to be. This is just another consumer option.
Greenton: neiman said – someone remember that saying to general motors, what about the country? Yes, not that much.
GLINTON: at least not now.
NIEMANN: not now.
GLINTON: ok. Thank you very much.
Brinley: you betcha (ph).


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Reliance rolls out JioMart online marketplace throughout countryLogYcode
Challenging the giants in the e-commerce market like Amazon and Flipkart, Reliance has introduced the much-anticipated JioMart in India. It is anticipated that the Covid-19 pandemic and consequent shutdown would boost demand for electronic marketplaces and the contactless distribution of goods to doorsteps.
In less than a month, Jio Platforms, Reliance Industries’ digital arm and the company that runs JioMart received Rs 78,561 crore investments from Facebook, Silver Lake, Vista, General Atlantic and KKR.
src : itln.in

domain: news


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Online searches can put billions of pages of medical information into a patient's hands. That's not always helpful.
Eager for restful nights? Aim to keep TV, smartphones and electronics out of the bedroom.
Our ever-present iPhones and other devices might have some curious effects on health—but there's no conclusive proof.
If you're scrolling social media or on-demand videos at bedtime, you're already doing it wrong.
Smartphones and technology have given rise to a generation plagued by sleepless nights.
Your family can develop a detailed, written agreement on do's and don'ts to ensure you thrive in this topsy-turvy tech era.
The electronic hurricane of bleeps and beeps will always be there. These handy tricks could help you find clarity amid the chaos.
New research bolsters the notion that youngsters are spending too much time on smartphones and not enough on social interactions, exercise and sleep.
Maybe, especially for folks who spend more than five hours a day on their devices.
Small study contends that people who use the devices more often are likelier to have the disorder.
Study finds risk, and users are advised to keep phones away from chest pockets.


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Good news coming up for Force Motors fans!!! Force Motors has recently launched the ABS-equipped versions of its off-roader Force Gurkha with a starting price of around INR 11.05 lakh for the 3-door trim. The ABS option is also available with the Xplorer 5-Door and the top-spec Xtreme 3-Door, priced at INR 12.55 lakh and INR 13.30 lakh respectively.
So, with this price tag, the ABS-equipped Gurkha models are now INR 30,000 costlier than the older non-ABS trims. However, the catch here is that the base Gurkha Xpedition (3-Door and 5-Door form) do not come with the anti-lock braking system, which is quite surprising given the pricing.
Read Also:- India Cars Sales Report in March 2019
During the end of 2018, Force Motors have launched the top-spec Force Gurkha Xtreme with a price tag of INR 12.99 lakh. Well, the range-topping Gurkha variant was powered by a new 2.2-litre diesel powertrain, which also comes mated to a 5-speed MT, and generated power of 140 bhp. On the other hand, the Xpedition and Xplorer variants generate a lower power of 85 hp. Another area where Xtreme variant shines among all Gurkha models is the car design as looks slightly different from outside thanks to the presence of LED turn indicators, thicker footboard, new steel bumpers both at front and back and new wing mirrors.
As per the sources, the deliveries of Gurkha ABS is scheduled in June 2019 whereas advanced bookings have begun now at the company preferred showrooms.
To meet the upcoming safety norms in India, Force Motors will come up with a new update of Gurkha in July. The new model is expected to come with an array of safety features like driver seat belt alert, rear parking sensors, and a speed alert system.


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Getting to the theatre is getting easier with the launch this week of TodayTix, a mobile app out of the US which democratises access to theatre tickets giving Aussies more affordable access to theatre performances.
The app is launching in Melbourne this week in partnership with Opera Australia, Melbourne Theatre Company, Melbourne Symphony Orchestra, La Mama Theatre and more. The headline feature for the app though is the release fourty $40 tickets to every performance of “Harry Potter and the Cursed Child” via digital lottery exclusively through the TodayTix app or website.
The New York based app currently connects theatre goers to tickets up to 75% off the box office price for more than 1,200 live performance venues around the world. TodayTix says they ‘secure the best priced premium, affordable and last-minute tickets available for the shows everyone is talking about’
TodayTix CEO and Co-Founder, Brian Fenty, said
We are living in an age of convenience and speed being at the top of everyone's priority list, and TodayTix checks both of those boxes when it comes to ticket-buying. We do the work of finding the best prices to the shows in your city and get your tickets in just a few clicks. We are thrilled to be a part of the Australian arts landscape with our launch in Melbourne and look forward to expanding to more cities this year.
The app is live now in Google Play (and the iOS app store), with best prices included in the app up to 30 days in advance, as well as giving you access to alerts for new tickets, and shows on Broadway for your next trip to New York.


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Winter Park trying to lure crowds with outdoor, family-friendly events
WINTER PARK, Fla. - The City of Winter Park and the Winter Park Chamber of Commerce are teaming up to lure folks back to Park Avenue.
One of their newest ideas: sending flyers to every Winter Park resident letting them know about fun outdoor activities they’ve planned throughout the week.
“It’s a very detailed calendar of what’s going to happen here,” Craig DeLongy.
He lives and Winter Park and owns three men’s clothing stores along Park Avenue. He’s thankful the City and Chamber are creating events and marketing them, giving people another reason to come back to downtown Winter Park.
“This just brings out people who maybe wouldn’t come to Park Avenue,” DeLongy said.
Park Avenue lost several local businesses to the pandemic. Chamber President and CEO Betsy Gardner Eckbert told FOX 35 News they want to make sure they don’t lose any more local businesses.
“I think Winter Park is an obvious place to go on the weekends but we were trying to support programming and support mid-week as well,” Gardner Eckbert said.
The City and Chamber now hosting West Meadow Wednesdays each week next to the post office with family activities and live music. Every Friday and Saturday night there is now live music in the park and outdoor movie nights twice monthly. The second weekend of every month Park Avenue is being blocked off and closed to cars, giving restaurants additional outdoor seating and stores extra space to display their good along with more visibility.
“This right here gets people back down and keeps this area thriving and out in front of people letting them know we’re here,” DeLongy said.
Ricci Culver has owned her Park Avenue store, Through The Looking Glass, for 11 years.
“I’m blessed to be here still,” Culver told FOX 35 News.
She said these she feels what the City of Winter Park and the Winter Park Chamber of Commerce are doing is already helping. Those flyers letting residents know about upcoming events will continue to be sent out each month for the foreseeable future in hopes of helping the local economy.


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The camera launch season is starting to heat up with Canon now sending out invites to journalists in Belgium for an event later this month.
The invite, which features three baby penguins, details a "Take Stories Press Event" that will happen on the 26 August 2010.
Although no clues are given in the invite, unless those penguins are actually sitting on the new range of models, most camera journalists expect it to be the announcement of the Canon EOS 60D, a replacement for the new almost 2-years-old 50D.
That means an expected bevy of specs to read along the lines of an 18 megapixel sensor, 1080p video and possibly a variangle screen on the back.
The event which is happening just 2 days after the Sony Alpha DSLR briefing is yet another camera launch ahead of this year's Photokina.
Photokina is a once every 2 years event held in Cologne and is expected to see launches from Fujifilm, Canon, Nikon, Olympus and others.
Check out all our Photokina coverage via our dedicated Photokina 2010 homepage covering all the gossip, news, and more from the show.


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Investors were bracing for some disappointing news from Procter & Gamble (PG 0.29%) when the consumer products titan closed out its fiscal 2019. CEO David Taylor and his team had hinted at a conservative outlook for the coming year, in part because of aggressive competitive responses to its newfound market-share momentum.
However, while rivals like Kimberly-Clark (KMB 0.49%) did step up their attacks in recent months, P&G managed a surprising acceleration in sales growth to end its fiscal year. That performance sets it up for an even stronger fiscal 2020.
Let's take a closer look.
Sales trends continue to improve beyond anything that P&G shareholders have seen since the company began its portfolio transformation process in 2012. Organic sales gains shot up to 7%, in fact, to mark its strongest quarter in over a decade. That boost put growth at 5% for the full year, or significantly above the upgraded outlook that executives issued just three months ago.
A few other metrics support management's bullish reading on P&G's market-share impetus. Organic growth came from a healthy mix of rising sales volumes and higher prices, for one. P&G also outpaced Kimberly-Clark, whose Huggies diapers compete with its leading Pampers brand. Kimberly Clark's 5% uptick was both smaller than P&G's and came entirely from rising prices as its sales volume shrank.
Extending the profit lead
Several unusual factors contributed to a sharp profit decline, with reported operating income falling to a $5.2 billion loss, compared to a $2.6 billion gain in the prior year. Strip out the impact of a large goodwill charge this quarter, though, and P&G's earnings power improved significantly at the close of fiscal 2019.
Gross profit margin jumped by over a full percentage point thanks to the combination of higher pricing and falling commodity costs. Savings from P&G's cost-cutting program helped, too, so that operating profit margin improved to 19.6% of sales from 18.3% a year ago. Executives said profitability would have surpassed 20% of sales if it hadn't been for the negative impact of foreign currency exchange shifts. Kimberly-Clark's comparable figure hovers around 15% of sales.
Looking ahead to 2020
Management's comments reflected the confidence they've gained after boosting P&G's outlook for three consecutive quarters. "We met or exceeded each of our going-in core targets for sales, profit and cash in fiscal 2019," Taylor said in a press release. "We built sales, market share and profit margin momentum throughout the year, ending with our strongest quarter ... in well over a decade."
That broad-based success convinced executives to issue a bold forecast for 2020 rather than the conservative one they hinted at back in late April. Taylor and his team are calling for sales gains to land between 3% and 4%, implying just a slight slowdown from 2019's banner 5% increase. Profits will rise at a faster pace of between 4% to 9%, they estimate.
The company faces some challenges ahead, including getting its struggling shave-care business back on track and dealing with more competition in the baby-care niche. Still, its momentum is on the upswing, and another quarter or two of positive results could set P&G up for its third straight year of accelerating sales growth.


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The government of Goa has issued new guidelines regarding Covid restrictions.
Although the state has extended the Covid curfew by a week until July 12, the government has announced some relaxation.
What is allowed?
- Social, political, sports, entertainment, cultural, marriage gatherings and other congregations are allowed for up to 100 people or 50 percent of venue capacity
- Bars and restaurants are allowed to operate between 0700 hours and 2100 hours with a 50 percent capacity
- Banks, insurance, custom clearance, ATMs and microfinance institutions
- Shops selling medicines and other shops (including in municipal, panchayat markets and shopping malls) may remain open from 0700 hours to 1800 hours (home delivery of all these items, except liquor, will be allowed anytime)
- All medical and health services and institutions (including AYUSH and veterinary Hospitals, and laboratories) to remain functional
- All industries, factories and related activities.
- All constructions and related activities, including repairs.
- Shops, stores related to house/building repairs, monsoon preparedness or rain protection
- Agricultural and related activities
- Use of buses except for people going for duty purpose and medical emergencies with a maximum capacity of 50 per cent.
Inter-state movement will be prohibited except for those carrying Covid negative test report for a test done a maximum of 72 hours prior to entering Goa; ii) persons entering Goa for medical emergencies on production of proof thereof; iii) two drivers and one helper per goods vehicles. However, the police or the other authorities will have to scan such persons with thermal guns to see whether they display any symptoms.
What is not allowed?
- Casinos to remain shut
- Indoor sports complex, auditoriums, and community halls
- River cruises, waterparks and entertainment parks
- Fitness centres, spas and salons
- Cinema halls, theatres, multiplexes entertainment zones within shopping malls
- Swimming pools
- All educational institutions like schools, colleges, and coaching institutions for students. Competitive examinations will be permitted with prior approvals from the government
- Religious places
For more details, click here.


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Impax Laboratories, with a location in Fort Washington, and Amneal Pharmaceuticals, based in Bridgewater, N.J., announced Tuesday they have agreed to merge in an all-stock deal that would create the nation's fifth-largest generics drug business by revenue.
Impax shareholders will own 25 percent of the new publicly-traded company, and Amneal investors will own 75 percent. The deal is expected to close in the first half of 2018.
The combined company, to be called Amneal Pharmaceuticals, will have more than 300 products filed with the Food and Drug Administration or in development. The companies are merging at a time of tough competitive drug pricing among generic drug makers.
Impax employs 140 in generic product sales, marketing, finance, information technology, and human resources in Fort Washington. At its corporate headquarters in Hayward, Calif., Impax handles research and drug development, manufacturing, and brand sales and market. Impact has about 1,400 employees. The new company, based in Bridgewater, will have nearly 6,500 employees.


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Our mobile phones have become our favorite devices. We have hardly left since early in the morning until the last moment before bedtime, but the blue light emitted from it and from our other digital devices may not be our trusted friend.
The story of discoveries goes on the harmful effects of blue light day after day, causing disturbances in the rhythms of our biological watches and subsequent suffering with insomnia and sleep problems. Doctors also noted the relationship between these devices and eye problems, ranging from daily eye stress to blue water (glaucoma) to macular degeneration.
In a new report, the report from the popular science website in this field shows how blue screens can destroy the eyes and what do we do about it?
People see a certain spectrum of light, from red to violet. The shorter wavelengths are blue, while the longest ones appear red. What we see as a white color – whether it comes from sunlight or from a screen – actually contains almost all colors in the spectrum.
The visible light stretches between red and purple, the source of the image: Wikipedia
In a recently published magazine in Naturefort, researchers at the University of Toledo began to analyze how irreversible damage to the eye cells could be due to close or prolonged exposure to 445 nm short wavelengths called blue light. The results can have serious consequences for consumer technology in general.
The professor of chemistry and authors of the study "Agith Karonarathny" looks like the optical receptors in the car and retinal fuel. Explain in detail: "When the cells of the eyes to the blue light directly in the laboratory – theoretically simulated what happens when we look at our phone monitors and computers – Chemical reaction in retinal molecules in the eye. Blue light causes retinal oxidation, which creates toxic chemical types.
The result, according to «Karonarathny»:
Retinal provides energy from this specific light region, kills cells that receive light, these cells do not regenerate if destroyed.
If the retina is fuel, the blue light is dangerous.
These results do not mean that the catastrophic visual impairments are solved. But the experiment shows how blue light can kill cells that get light. Blue light has the ability to kill them sufficiently to cause macular degeneration, a weakening disease that makes the vision foggy or destroyed.
The report notes that blue light is naturally present in sunlight, including visible light, ultraviolet and infrared radiation. But as Caronarathini points out, we do not often starve at the sun, and most of us learn during childhood that it hurts the eyes. However, digital devices have greater alarms. The average US spend about 11 hours a day on some screens, according to a Nielsen 2016 survey. As long as you read these words, you often experience blue light.
Embed from Getty Images
When we look directly at the screens – especially in the dark – we point the light on a very small area of the eyelid. Caronarathini explains the dangerous effect of this by another analogy:
The intensity of the light from the device can be increased exponentially. When wearing a magnifying glass in the sunlight, you see the intensity of the light in focus, you can burn something in it.
Orange is the new blue
User experience designers criticize our dependence on blue light according to the report. Among them is Amber Case, author of Quiet Technology, who in one of her posts documents how blue light became future color, partly due to films like Blade Runner 1982. The environmentally-driven transition from lamps Glowing to high-efficiency LEDs and high watt, another driving force against the spread of blue light. Track Bag:
If popular culture drives us into a blue enlightened reality that hurts a lot, it can also help us achieve a new orange ethic.
She notes that the army still uses red or orange light for many of its façades, including those in the control rooms and cabins, adding: "The effect of these colors is minimal so it's ideal for night shift" and eliminates "visual deviations" Blue light – the feeling of extreme brightness in the light of the screen in the dark – is risky in many cases.
Embed from Getty Images
The report shows some of the most useful technologies currently available. For example, Apple offers a "night mode" option on its phones and devices, allowing users to filter screens from blue to appear at sunset. Several products are also available to control the flow of blue light to iris, including desktop screens. There are also blue-screen goggles for video game enthusiasts. But the more blue light damage and damage that causes our vision, consumers demand more and more radical changes.
Embed from Getty Images
As the new generation grows, the question will be: Damaged damage?
"It will take time to see what damage these devices can do over time, and if the damage happens, how much does it cost?" Caronarathini plans to focus on collecting data from here. As the new generation grows, the question will be: Damaged damage? "But now, with the biochemical trace of the effect of blue light, Caronarathini sees new innovations:" Who knows! We can one day develop drips of the eye you use when you know that you have been exposed to intense light, from which some drops take to reduce the damage.
This article is translated from the source shown above, and the information and opinions available are available at source and not to the Al-Hawar newspaper.


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Global coffee retailer Starbucks has opened its first ‘Greener Stores’ in Asia Pacific, located in Singapore, Thailand, and Vietnam.
SEE ALSO: A closer look at the emergence of local coffee shops in Asia-Pacific
The five ‘Greener Stores’ are part of Starbucks’ global expansion of its Greener Store framework, which will see 3,500 new or updated stores in 20 markets.
Each Greener Store has a unique combination of sustainable features, from energy and water efficient equipment and appliances, low-emitting paints and sealants, external initiatives, and more.
“The new Greener Stores in the Asia Pacific region are poised to set a new standard in sustainable retail which we hope will accelerate our movement towards Starbucks resource positive goals,” said Scott Keller, senior vice president for store development and design at Starbucks. “As one of our fastest growing regions, we want to ensure that we are driving growth with a sustainable future in mind for our communities and planet.”
In Singapore, the first Greener Store is located at Jurong Lake Gardens amid lush greenery, restored wetlands and habitats for biodiversity.
Thailand has certified three Greener Stores that feature precise energy monitoring capabilities, capturing energy use data in real-time to maintain efficiency and conserve energy.
Vietnam’s Greener Store is equipped with 100 percent LED lighting and sun shading features that reduce heat gain and energy consumption within the store. The store also has a long-term contract to buy Renewable Energy Certificates to offset the energy used in stores.
The open-source Greener Stores Framework was co-developed with the World Wildlife Fund (WWF), and is being utilised toward Starbucks’ goal of minimising its carbon, water, and waste footprints by 50 percent by 2030.
The framework includes a set of 25 performance-based standards across environmental impact areas including energy efficiency, water stewardship, and waste diversion, designed to accelerate the transformation of retail stores to more sustainable spaces.
Starbucks’ Greener Stores in the United States, where they first piloted, have delivered 30 percent water savings and 30 percent energy reduction, says Michael Kobori, Starbucks’ chief sustainability officer.
“We’re excited to continue expanding our Greener Store portfolio worldwide, a key step towards reaching our ambitious resource positive goals,” Kobori adds.
SEE ALSO: Starbucks to add over 400 stores in APAC in 2023
In China and Japan, Starbucks plans to update its existing store portfolios by applying Greener Store standards. The aim for Starbucks China is to operate 2,500 Greener Stores in the market by 2025.
Up next are the first in-region Greener Stores in Europe, Middle East, and Africa (EMEA).


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Martin Lewis on how to get a refund on Whirlpool dryers
The company is circulating its recall warning in the UK, uwrging owners to check the serial and model number of their tumble dryer. Whirpool was forced to recall half a million of its tumble dryers last month, four years after a fatal flaw discovered in some of its units left them prone to catching fire. Hotpoint, Indesit, Creda, Swan and Proline dryers are affected by a build up of lint at the rear seal of the machine.
If this lint comes into contact with the heating element it can ignite.
The warning reads: “If your dryer was made before September 2015 and you have not had it modified by the manufacturer, it may pose a risk of fire.
“Your safety is our top priority.
“If your dryer is affected by this warning, you must unplug it immediately and stop using it until it has been made safe.
“Please contact us to choose from a variety of free replacement or repair options that are available to you.”
A government order was issued in July recalling around 500,000 dangerous tumble dryers which were sold for 11 years in the UK after dozens of fires were reported.
Whirpool said it has already resolved the issue for 1.7 million people following a 2015 safety campaign after it was revealed that a fault allowed fluff from clothes to reach heating elements.
Householders who bought tumble dryers before 2015 are now being urged to contact Whirlpool to determine if their machine is among five leading brands associated with a potential fire risk.
Jeff Noel, the vice-president of Whirlpool, said it was “crucial” for dryer owners to contact the company.
He said: “People’s safety is our top priority, which is why we are expanding this important campaign.
“We are committed to doing the right thing for our consumers and will continue to take every action possible to resolve this issue.
“The crucial message is to contact us immediately if you still own one of these tumble dryers and haven’t already had it modified or replaced by us.”
Whirlpool recall: How to check Hotpoint tumble dryers [ANALYSIS]
Whirlpool recall: How to get a refund on THOUSANDS of dangerous dryers [INSIGHT]
Whirlpool dryer recall: Which Whirlpool tumble dryers are faulty? [DATA]
Last month the Government ordered the recall of these risky machines, more than two years after Whirlpool first advised customers not to use the affected machines until they had been fixed.
At first this problem affected around three million people, but now according to Whirlpool executives up to 800,000 units could be affected, with the government ordering the recall of half a million machines.
According to the Government, a fault in Whirlpool machines has been blamed for at least 750 fires over 11 years.
Whirlpool has recorded 54 fires resulting from its tumble dryers, three of which were from models that had already been updated to be made safe.
Anyone who thinks they bought a dryer built from 2004-2015 should call 0800 151 0905.
A statement from Whirlpool read: “Safety is our number one priority and we remain committed to our current recall campaign of unmodified tumble dryers affected by this issue.
“The recall aims to encourage any remaining owners of affected dryers to make contact immediately and provides additional remedy options, including a free replacement or refund
“The crucial message is please contact us immediately if you still own one of these tumble dryers and haven’t already had it modified or replaced by us.
“The safety campaign began in 2015 and has already resolved the issue for 1.7 million people – a success rate of up to five times the UK average for a product recall.”
Whirlpool has created a search device which allows people to check if their machine is affected.
Dryer owners can visit the company’s official website at https://dryerrecall.whirlpool.co.uk/.
Customers should input their dryer model number to see if it is among affected machines.
A Whirpool spokeswoman told Express.co.uk: "We continue to spread awareness of the recall and urge consumers to contact us to check their appliances, this effort includes an advertising campaign which encompasses print and digital media."


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Google’s flagship global developer conference, the I/O, will happen on May 11-12. The event will be online, with limited in-person audience at Shoreline Amphitheatre, California, USA.
The event will be free for all to attend. However, Google did not reveal any requirements for in-person attendance. The schedule for the event has also not been revealed yet. But the website is up and running with basic information and a time ticker.
The flagship event was cancelled in 2020 in response to the pandemic, post which it went virtual for the first time in 2021. The content is expected to be provided in different languages, with Google saying that a few captioned videos will be available right after the event.
The event usually showcases Google’s flagship developer products, last year it showcased a preview of Android 12, along with new search, Workspace and Maps features.
This year will most probably see information about Android 13. Android 13 has already been released for preview in February this year.
The keynotes this year will focus on Google product news and updates, Google said.
“Ask product questions, engage with the developer community, and broaden your technical knowledge. Earn Google Developer profile badges and virtual swag. Create an avatar and look for easter eggs. Try Google’s new products and features through a sandbox experience,” the website said.
2022 will also feature a virtual learning lab for users, which will focus on workshops and tutorials. Some of the products heavily rumoured to be launched in 2022 includes the Pixel 6A phone and the Pixel smartwatch.


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Musk’s criticism appeared to focus on a portion of the interview that focused on his removal as Tesla’s chairman of the board.
GM disclosed last month that it would shutter several assembly plants in North America by 2019.
“Tesla believes it has achieved a state of self-funding without the need for external capital to run the business or to address near term debt maturities,” the private equity firm wrote.
Tesla invested significant resources to ramp up production of the Model 3 line, its first attempt at a mass-market sedan.
The decision comes as local groups sued the city over its plans.
From building cars to traveling to space to artificial intelligence this billionaire truly does it all.
The influx of vehicles that run solely on batteries almost certainly will pull buyers from Tesla.
Musk has launched The Brick Store, an offshoot of The Boring Company that will produce interlocking bricks made from dirt.
FBN’s Charlie Gasparino reports that Tesla’s lawyers are feeling confident that the DOJ won’t open a case on the “funding secured” tweet.
The electric-car maker just acquired the truck capacity to deliver the vehicles, according to chief executive Elon Musk.
Musk’s company, the electric-car maker Tesla, has filed to trademark “Teslaquila” in the U.S., Mexico and the European Union.
On Thursday, the company named a new board chair.
“Bulls and Bears” panel on how Tesla named Robyn Denholm as the new chairwoman of the company and whether she will be able to keep Elon Musk under control.
Musk resigned his position on the two advisory councils in June 2017, shortly after Trump withdrew U.S. participation in the Paris climate agreement.
The billionaire investor once said the Saudis wanted to buy Tesla.
Under Musk, Tesla has prioritized advancements in car software to boost the value of its electric vehicles.
The electric-car maker's CEO is increasing his stake in the company.
Teresa Goody, a former attorney for the U.S. Securities and Exchange Commission, reacts to recent tweets sent by Tesla’s Elon Musk.
“Bulls & Bears” panel on Tesla CEO Elon Musk’s claim that his tweet about taking the company private at $420 a share was “worth it.”
The automaker recorded a profit for the first time during its last fiscal quarter.


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Accidental deletion of data from Smartphone is very common now days. More you use your Smartphone greater are the chances of deleting...
Showing results 1 to 20 of 167
Which apps are hogging space, consuming mobile data, and sucking the life out of your Android smartphone?
Your selling or otherwise planning on getting rid of your existing Android smartphone or tablet, but you want to make sure that all your data has been securely deleted. Here's what you need to do.
Researchers are warning genuine apps can be easily replaced with fake apps, which can be used to vacuum up a smartphone user's entire store of data.
Nokia's working on a new technology that could curb the amount of data idle apps use, and so make smartphone batteries last longer.
The Indian Air Force is the latest party to react to allegations against Chinese smartphone maker Xiaomi regarding the transfer of International user data to Beijing.
SQLite Smartphone Data Recovery Master-Pro, is the software for deleted data recovery and data decryption with the powerful function...
Wireless providers in the United States make it easy to pay more than you should for a smartphone and an accompanying data plan. Here are eight questions you can ask (and answer) to make sure you get the best possible deal.
iPhone maker dismisses suggestions that the "frequent locations" function on the smartphone can monitor the location of the user's movements, noting that personal data is encrypted and stored locally on the device.
Wi-Fi Finder from Open MobileWelcome to Wi-Fi Finder from Open Mobile! Wi-Fi Finder automatically connects your smartphone to selected...
Businesses beware — Avast says vast amounts of personal data and photos can be recovered from second-hand Android smartphones even if users have re-set them to factory condition.
The rumors were true. Amazon CEO Jeff Bezos unveiled the company's first smartphone today at its product launch event in Seattle. Here's the lowdown on the Fire Phone.
Windows Phone's niche in the UK market under new threat as Motorola's Moto G phone is a success among young males with lower incomes, says the latest edition of Kantar's smartphone sales data.
Spotfire Mobile Metrics can collate and analyse your BI data and deliver the key metrics needed to monitor business performance direct to a notebook, smartphone or tablet.
As the continent's smartphone sales and data consumption increase, companies are now beginning to release African-made devices. Are buyers ready for them?
New data shows Apple has 40 percent of the smartphone market. But Samsung, saw near-double growth over a three-month average period, ending September.
Besides patents, intellectual property, and an enterprise data network, what else is there at the struggling Canadian smartphone firm? John Chen thinks a lot more.
The latest smartphone shipment data is in and smartphone growth continues. Samsung retains a large lead with Apple staying fairly steady.
Similar to the way Google Glass and your smartphone connect, Philips and Accenture linked the wearable device to Philips IntelliVue software to transfer patient data.
Micromax inks strategic partnership with Aircel to drive data growth in India, which the telco believes will showcase the benefits of 3G to smartphone buyers and drive adoption.
Bins in London are now harvesting data from smartphone owners who walk past.
T-Mobile and AT&T just rolled out programs to help people upgrade their phones more often as data shows that fewer are finding the need to upgrade more than every two years.
Government agency unveils a mobile device management plan where staff will be required to install a smartphone app deactivating functions such as Internet connectivity and the camera, to prevent data leaks.
The best of ZDNet, delivered
- 1 ZDNet Cloud TV: Hurdles to overcome (highlights)
- 2 Perfectly legal ways you can still get Windows 7 cheap (or even free)
- 3 34 ways to improve your iPhone's battery life
- 4 How much does an iPhone 6 really cost? (Hint: It's way more than $199)
- 5 So you have an app idea and want to make a bajillion bucks


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ADOBE , GOOGLE AND VENMO JOINS COINBASE LEADERSHIP TEAM...!
Coinbase hired Executives from big brands...!
One of the most famous crypto exchange , "COINBASE" you all might be familiar with has recently hired executives from brands namely Adobe , Google and Venmo.
Coinbase has recently created a Platform team to manage the Engineering and Product sides of the company , where they have hired some famous Silicon Valley veterans for Leadership roles.
The company has hired Shilpa Dhar , Ravi Byakod and Frank Yoo from Venmo , Adobe and Google to their leadership team.
Shilpa Dhar will be serving as Coinbase new Vice President of Product. Before joining coinbase Shilpa was product head at Venmo. Shilpa has also worked at Pypal.
Ravi Byakod was hired as new Vice President of Engineering. He was head of commerce engineering at Adobe before joining coinbase.
Lastly Frank Yoo was hired as Vice President of Design and Research. Yoo has come straight away from google , where he was leading search/data company's efforts to enhance user experience.
Frank Yoo and Shilpa Dhar started working at coinbase back in the month of june , thought the hiring were officially announced on 24th September 2020.


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A meeting with the Ambassador Extraordinary and Plenipotentiary of India to Uzbekistan
On September 19 this year, a meeting was held at the Chamber of Commerce and Industry of Uzbekistan with Ambassador Extraordinary and Plenipotentiary of India to Uzbekistan Santosh Jah, during which issues and prospects of trade, economic and investment cooperation between the two countries were discussed.
During the negotiations, practical aspects of the Indian side’s participation in joint investment projects implemented in Uzbekistan were also discussed, new potential areas for joint work were identified.
Following the meeting, an agreement was reached to organize a business forum and business negotiations between entrepreneurs of the two countries in mid-October of this year. in Andijan, Bukhara, Samarkand regions and the city of Tashkent.


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The futures were higher on Tuesday, after an ugly start to the first full trading week for the fourth quarter. Despite Friday’s impressive showing, Monday’s action surely proved discouraging to the risk-on crowd as the same headwinds remain in place. Continued rising interest rates, Federal Reserve tapering due to begin in a month, big increases in energy costs, ongoing supply chain issues, stagflation worries and Wall Street analysts that are not nearly as positive on the upcoming earnings seasons as they were for the second quarter. Toss in the debt ceiling and China worries, and the cauldron continues to simmer.
Though the recent consumer price index and retail sales data has tempered some of the inflation and growth worries, mounting stagflation concerns continued to pick up, amid the ongoing supply chain and input pressures and recovery headwinds from the spread of the Delta variant. Federal Reserve assurances that rates will remain accommodative continue to provide a tailwind for equities though.
24/7 Wall St. reviews dozens of analyst research reports each day of the week with a goal of finding new ideas for investors and traders alike. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. Consensus analyst target data is from Refinitiv.
These are the top analyst upgrades, downgrades and initiations seen on Tuesday, October 5, 2021.
Albertsons Companies Inc. (NYSE: ACI): BMO Capital Markets downgraded the supermarket giant’s stock to Underperform from Market Perform but raised its price target to $26 from $22. The consensus target is up at $28.56. The shares closed trading on Monday at $30.10. The stock was down close to 4% in Tuesday’s premarket.
Becton, Dickinson and Co. (NYSE: BDX): Zacks has named this as its Bear of the Day stock, after the firm’s sentiment sank to its lowest. Shares last closed at $240.55, and the consensus price target is $267.80.
Bed Bath & Beyond Inc. (NASDAQ: BBBY): BofA Securities resumed coverage of the former meme stock with an Underperform rating and a $14 price target. The higher consensus target is $19.57, and Monday’s close at $15.70 followed a more than 5% retreat on Monday.
Charles Schwab Corp. (NASDAQ: SCHW): Atlantic Equities started coverage of the venerable discount brokerage firm with an Overweight rating and a $95 price target. The $85.17 consensus target is also well above Monday’s final trade of $73.23 a share.
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Skaters Shaun White, Ryan Sheckler & Bob Burnquist Return with Gold Medal Ambitions
Over the last 17 years Oakley athletes have established a tradition of excellence across the many disciplines showcased in ESPN’s Summer X Games. With nearly two-dozen confirmed Oakley athletes heading into X Games 17, this year promises to keep that tradition alive.
Leading the charge are three of Oakley’s more legendary skateboarders: Shaun White, who took the Skate Vert silver after a two-year hiatus from vert competition in 2010, Ryan Sheckler, who tallied his third career X Games gold in last year’s Skate Street contest and the most decorated Oakley athlete of X Games 16, Bob Burnquist, who stood atop the podium three times last year.
“Summer X Games is the perfect platform for our athletes to shine,” said Matt Swanson, Director of Oakley Sports Marketing – Action Sports. “The Oakley team is competing in almost every event and we are looking to see both, our top athletes and our up-and-coming stars, rise to the occasion on one of action sport’s biggest platforms.”
Other Oakley standouts to watch for include Cam Sinclair, who will undoubtedly be looking for a consecutive Moto X Best Trick gold medal this weekend and BMX rider Chase Hawk whose stylized tricks are sure to be a crowd pleaser in the BMX Park contest.
Oakley’s complete X Games 17 athlete roster is available at www.oakleyarc.com.


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Bootstrapped for the first 5 years, focused on a category which wasn’t at all a hot category (nobody cared about local language space till Jio made it happen), Reverie is one of the those startups which stayed out of the funding rat race and instead, built a sustainable business over the last few years.
‘You can’t build a desi B2B tech business in India’ – is the gospel doled out by most VCs and startup gurus. Reverie proved this wrong – the company built unique tech, patiently kept ‘at-it’ for many years and is now reaping the benefit.
Reverie is that overnight success story which took just 10 years !
FYI: Reverie raised only $4mn till date and has been acquired by Jio for more than $40mn (media reports) and has not just delivered returns to investors, but also to early employees – which is totally awesome.
Meet Arvind Pani, Reverie cofounder and CEO at UnPluggd Conf. He will be sharing the journey (in the most candid form, the UnPluggd style) and if you are an entrepreneur or a product leader who believes in building product-led growth business, be there.


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The legendary Times fashion photographer Bill Cunningham spots and distills the latest trends from the runways of Paris to the colorful streets of New York.
Bill Cunningham, the street-style photographer whose photo essays for The New York Times memorialized trends ranging from fanny packs to Birkin bags, gingham shirts and fluorescent biker shorts, died in New York on Saturday. He was 87
Bill Cunningham, the blue-jacketed originator of street-style photography who pioneered the notion that fashion lived on the street, died today at the age of 87, a spokesperson for his employer, The New York Times, confirmed. Cunningham had been hospitalized following a recent stroke.
Bill Cunningham (American photographer) WIKI
Great Flick about Bill Cunningham http://zeitgeistfilms.com/billcunninghamnewyork/


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Tuesday, 28 March 2017
Last updated 39 sec ago
May 6 2008 | 10:11am ET
Silver Lake, the $16 billion technology-focused private equity firm, has brought on board Miles Flint, the former president of Sony Ericsson Mobile Communications, as a senior advisor to the firm.
Prior to joining Sony Ericsson, Flint spent 13 years at Sony, latterly as president of marketing at Sony Europe and managing director of Sony United Kingdom.
Dave Roux, co-founder of Silver Lake said Flint’s broad technology expertise makes him “a perfect fit for Silver Lake and further strengthens our team.”


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It’s no secret that if there’s any region of players that have been loving the Nintendo Switch, it’s that of Nintendo’s own stomping ground—Japan. The Pacific Ocean archipelago has been showering the hybrid with attention and admiration since its launch, and its popularity in the country has yet to wane. This is evidenced by a recent sales report from Famitsu for the month of November 2020. The report reveals that the Switch sold over 600k units that month, 666,773, to be exact. This all comes with the strain of supplies causing shortages in some areas. And, of course, this was also still achieved during the launch month of the PS5 and Xbox Series X|S.
Admittedly, it was really Sony’s system that was expected to steal some wind out of Nintendo’s sales (the new Xbox consoles only sold 27,811 altogether). But even then, the very popular new PS5 managed to hit only 201,435 units sold for the month. Of course, the stock shortages due to being in such high demand no doubt contributed to this number. The real test for the Switch will come when supply chains can begin to pump out more units as of next year and the stock starts to match demand. Will the little hybrid still be able to stand up against the shiny new toys? That question can only be answered by time.
Nevertheless, it was a strong month for the Switch in Japan and December likely will be just as strong. Nintendo will need to keep the consoles moving for the next few weeks, since the beginning of 2021 is bound to be relatively quiet (which is usually the case for any given year). That said, we could see a shift as the frenzy of a new generation of consoles will most certainly not have died down by much by then.
The Switch has also been doing well in Japan’s neighbors to the east, China. There, it also has dominance over Sony having sold more Switch units in one year than Sony has done with the PS4 in five years.


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Taiwan Semiconductor Manufacturing Co. (TSMC) said Monday that the construction of a new factory in Kaohsiung for the production of 28-nanometer (nm) chips is ongoing, with mass production scheduled to start in 2024 as planned.
TSMC, the world’s largest contract chipmaker, made the announcement after recent speculation about the company’s capacity expansion plans in Kaohsiung, southern Taiwan.
According to industry insiders, TSMC last Friday awarded the contract for building its 28-nm fab to Futsu Construction Co., Ltd.
However, the company did not directly respond to the reports, saying only that construction of the fab has officially started following the completion of land grading.
TSMC had previously stated its intention to build 7-nm and 28-nm fabs in the new Nanzih Technology Industrial Park in Kaohsiung.
However, the chipmaker announced earlier this month it was postponing the 7-nm fab construction project in response to weak demand but said its plan to build a 28-nm fab would go ahead.
Starting in the fourth quarter of this year, the capacity utilization of 7-nm and 6-nm chips will not be as high as over the past three years, TSMC chief executive officer C.C. Wei (魏哲家) told investors in October.
Nanzih Technology Industrial Park is situated on the site of the former Kaohsiung Refinery operated by state-owned oil refiner CPC Corp., Taiwan.
In addition, TSMC also declined to comment on media reports it will replace Samsung Electronics as the manufacturer of next-generation assisted driving chips for Tesla, the world’s leading electric vehicle maker.
Source: Focus Taiwan News Channel


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Updated at 3:18 p.m. ET
China is cutting tariffs on vehicles from the U.S., but the biggest benefits could go to German automakers — and Tesla, the American electric-car maker.
Chinese President Xi Jinping signaled in a speech last month that the tariff cut would be coming. The foreign ministry confirmed it Tuesday: Tariffs will drop from 25 percent to 15 percent for imported cars. Tariffs on imported auto parts will fall to six percent.


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In recent times, smartphones that support NFC (Near-field Communications) has become a big deal in the smartphone industry. This technology is not entirely new but it appears that smartphone users have begun to see its relevance. Mobile phones that support multi-functional NFC can be transformed into bus cards, access cards, work cards, cafeteria cards, etc. Xiaomi has spared no effort in promoting NFC. According to the data released by a Xiaomi CEO, Lei Jun, as of now, 10 Xiaomi smartphones supports NFC and Xaomi bus is supported in 167 cities.
Gizchina News of the week
On April 9, 2013, Xiaomi released its first NFC-enabled smartphone, Xiaomi Mi 2A. Subsequently, the company released Xiaomi Mi 3, Mi 5s Plus, Mi Note 2, Mi MIX, Mi 6 and other models have joined the NFC crew. With the release of Xiaomi Mi 8, the Xiaomi NFC family has one more member.
A few days ago, Lei Jun said on Weibo that Xiaomi began to support NFC five years ago. Currently, there are as many as 10 Xiaomi smartphones that support multi-functional NFC. “For example, the Xiaomi NFC bus card is already supported in 167 cities, and the iPhone just supported it in March this year in only two cities .” Lei Jun said.


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Soaring energy costs helped push U.S. consumer prices up a steep 0.4 percent last month, while rising apparel prices spurred core inflation more than expected, a government report showed on Wednesday.
The overall increase in the Labor Department's consumer price index for March matched expectations on Wall Street, but a 0.3 percent rise in prices excluding food and energy was a bit swifter than forecast.
The department pinned 70 percent of the gain in the core price index on rising costs for apparel and shelter, which is housing excluding utility and furniture costs.
Apparel prices, which had dropped 1 percent in February, moved 1 percent higher in March. Shelter costs, which account for nearly one-third of the overall CPI, rose a firm 0.4 percent for a second month in a row.
The report could raise some questions about whether the Federal Reserve will call a halt to a cycle of interest rate increases after the next policy meeting in May, particularly with oil costs striking record highs in recent days.
Despite the sharper-than-anticipated increase in core prices, the 12-month change held steady at 2.1 percent. The 12-month rate of overall consumer price inflation decelerated to 3.4 percent from the 3.6 percent rise registered in the period through February.
Energy costs shot up 1.3 percent last month, reversing a 1.2 percent February drop. Gasoline prices increased 3.6 percent, while natural gas costs fell 4.3 percent. Gasoline prices have continued to move higher this month.
The rise in consumer prices ate into Americans' spending power, with inflation-adjusted earnings falling 0.3 percent in March.


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|Bid||1.390 x 0|
|Ask||1.400 x 0|
|Day's Range||1.300 - 1.420|
|52 Week Range||1.060 - 3.600|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.01|
Attractive stocks have exceptional fundamentals. In the case of Boyaa Interactive International Limited (HKG:434), there’s is a company that has been able to sustain great financial health, trading at an Read More...
If you own shares in Boyaa Interactive International Limited (HKG:434) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is aRead More...
Boyaa Interactive International Limited (HKG:434), a software company based in China, saw a significant share price rise of over 20% in the past couple of months on the SEHK. AsRead More...
I am writing today to help inform people who are new to the stock market and looking to gauge the potential return on investment in Boyaa Interactive International Limited (HKG:434).Read More...
Shares in Chinese companies offering online and mobile poker games have shed up to a fifth of their value over the past week, following reports in local media that the government would ban all poker-related applications from June 1. Companies like Boyaa Interactive and Our Game have seen their stocks slide up to 18 percent since the informal directive from the country's ministry of culture was reported in local media on April 19. A copy of the directive - circulated in local media and seen by Reuters - asks gaming platforms to stop operating Texas Hold'em games, a variation of poker, forbid services that transfer or trade virtual currency and stop the publication of anything poker or gambling-related on Weibo and WeChat.
Companies that are recently trading at a market price lower than their real values include China Outfitters Holdings and Boyaa Interactive International. Investors can profit from the difference by investingRead More...


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Watch Dogs release date announced for everything except Wii U
Leaked trailer confirms May 27 release date for open-world action game on Xbox One, PS4, Xbox 360, PS3, and PC; Wii U version coming later.
We'll begin emailing you updates about %gameName%.
[UPDATE] The May 27 release date for Watch Dogs is now officially confirmed by Ubisoft. That date pertains to the console and PC versions of the game, not Wii U.That version is coming sometime later.
The original story is below.
Ubisoft today announced that its much-touted open-world action game Watch Dogs will launch on May 27. That date pertains to the Xbox 360, Xbox One, PlayStation 3, PlayStation 4, and PC versions. The Wii U iteration will come sometime later, though a specific date was not mentioned. The news comes from a trailer leaked on Xbox.com [clicking will initiate a download].
Watch Dogs was originally expected to launch back in November 2013 as a launch title for the Xbox One and PS4. Sony even prepared a special-edition Watch Dogs PS4 launch bundle, which it would later need to rescind.
But Ubisoft would delay the game in October to spring 2014. The delay, Ubisoft said, was an "intense decision," but ultimately the right one so the game could have expanded appeal, according to CEO Yves Guillemot.
When Watch Dogs does launch, it is expected to sell around 6 million copies, about the same figure as the original Assassin's Creed in 2007. For more on Watch Dogs, check out GameSpot's previous coverage.
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by David Drake
Fintech Week Silicon Valley is one of the best places to mine for cryptocurrency trends. A few months ago, the price of bitcoin was projected to hit $4,000 by end of 2017. Surprisingly, it already surpassed $4,000 and someone projected that its value may reach $50,000 by 2027. The value of cryptocurrency market is projected to rise from about $140 billion to $2 trillion, with bitcoin accounting for almost 50% of that value.
Innovators, venture capitalists, startups, large firms, government officials, the academe and media converged at Draper University in San Mateo, CA on August 1-6, 2017 to discuss this topic further at the first Fintech Week Silicon Valley event.
Digital currency, blockchain, and tokenizing are unstoppable developments in the financial industry. These are real disruptors that cannot be ignored. Some of these topics were discussed in the event: recent developments in blockchain technology; impact of blockchain on large tech firms; EOS; initial coin offerings (ICOs); blockchain for good; blockchain beyond financial services; international point of view on blockchain; blockchain 2020; DFINITY; the bank of the future; moving money 3.0; what’s happening in Asia, China, and around the globe; as well as future predictions.
Steps in doing a compliant ICO cover 30 steps, which are classified into Legal and Regulatory steps, Designing and Planning, Technical aspect, as well as Marketing & PR.The conference also featured fast paced company intros, networking tables, coffee breaks, luncheons, panel discussions, standalone presentations and keynote speeches. There was also a workshop that focused on relevant topics in blockchain technology, and blockchain and fintech hackathon.
Some of the speakers at the event included:
- Alex Bessonov, Founder, Bitclave
- Amar Singh Rathor, Executive Director, Standard Chartered
- Amy Y. Wan, CEO & Founder, Boot Strap Legal
- Brendan Blumer, CEO, block.one (EOS)
- Brett Noyes, Managing Partner, unbank.ventures
- Christopher Hussain, Founder, RealKey
- Dominic Williams, President & Chief Scientist, DFINITY
- Gregory Gilman, Co-Founder and General Counsel, Science
- Gregory Simon, CEO & Co-Founder, Loyyal Corporation
- Igor Khmel, Founder, BankEx
- Kamil Przeorski, Founder, Experty
- Ken Kruszka, CEO & Founder, SnapCheck
- Lloyed Lobo, Co-Founder, Boast.AI
- Michael Jones, CEO, Science, Inc.
- Reeetika Grewal, Head of Payments Strategy and Solutions, Silicon Valley Bank
- Robert Schwentker, Founding President, Blockchain University
- Simon Yu, CEO, CakeCodes Inc.
- Spencer Bogart, Managing Director, Head of Research, Blockchain Capital LLC
- Stephanie Sharron, Partner, Morrison & Foerster, LLP
- Stewart Dennis, CEO and Founder, BitBounce
- Valentine Preobrazhenskiy, Founder, LAToken
- Yulia Yaani, Founder & CEO, RealAtom.com
EOS was the event’s platinum sponsor. The media partners included Coindesk, NewsBTC, The Cointelegraph, CEX.IO, FinTech Profile and Boast. Other partners included Unbank Ventures, UK Department for International Trade (DIT), and Day One Investments.
The other sponsors included Morrison & Foerster LLP, Wolk, OTCXN, DFINITY, Experty.io and LAToken.Experty.io, poised to disrupt the consulting industry, is a blockchain platform that allows people to call or consult experts globally and consultants are paid instantly using ethereum. LAToken.com is a portal that uses blockchain technology to tokenize and make a variety of tradable assets including real estate, debt and equity loans, and works of art. I recently joined LAToken’s advisory board.
The event was an exclusive and exciting event for everyone that attended it. They learned about cryptocurrencies, bitcoins, fintech innovation, current trends in the financial landscape, as well as the role that Silicon Valley plays in transforming how financial services are delivered to key stakeholders.
It was also a great place for like-minded people to connect, network and learn from each other about investment opportunities, trends, and risks in fintech industry. As an investor in cryptocurrency industry, it is important to learn about these recent developments and trends to guide us intelligently in navigating this new territory.
For queries on how you can keep your ICO compliant in the world’s largest market, the USA, you can reach out to me.


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TOKYO (CBS.MW) – Officials at Japan’s largest mobile phone operator NTT DoCoMo’ said its I-Mode wireless Internet access service has surpassed 10 million subscribers, according to the Nihon Keizi Shimbun..
New users are signing on at a rate of 40,000-50,000 per day, even after a surge in demand this spring triggered frequent service failures, said the paper.
I-Mode enables subscribers to send and receive e-mail and access modified Web sites through their mobile phones. It is hugely popular among Japan’s young people.
The subscriber base still lags far behind the number of subscribers at large ISPs in the U.S., such as AOL, which has over 23 million subscribers. But given the rate at which i-Mode has been expanding, some analysts say it has a good chance of surpassing AOL as early as next year.
When DoCoMo (NTDMY) launched the service in February 1999, its stated target was 10 million over three years. In July, DoCoMo president Keiji Tachikawa said that he expected the number of subscribers to rise to 17 million by the end of March 2001.
The success of i-Mode is also a factor behind DoCoMo’s push to expand overseas. Earlier this month, DoCoMo and Korea’s SK Telecom (SKMRT) agreed to start offering roaming services that would allow customers to use their phones in each other’s markets. It is also reportedly in talks with AOL (AOL) about developing a wireless Internet service in Japan, though both companies have declined to comment.
Korea Thurnet users surge
Meanwhile, Korea Thrunet, a leading Korean Internet service provider, also posted strong growth figures.
For the month of July, Thrunet said it added 59,028 new subscribers for a total of 470,992 subscribers at the end of the month. The sharp growth was noteworthy since it occurred after the company halted promotional discounts on subscription and installation fees and required all new subscribers to pay full fees starting in July.
“The continuation of strong monthly subscriber gains justifies our strategy to shore up revenues by implementing full charges for services, and indicates that demand for Thrunet access remains robust,” it said in a statement.
Thrunet (KOREA), the first Internet firm from Korea to list on the Nasdaq and counts Microsoft (MSFT) as a major investor, is the country’s leading broadband Internet-access service provider. Its main business is providing “always on” Web access at faster speeds than traditional dial-up access, in addition to multimedia content.
The company claims to have the most extensive cable network coverage of homes, or roughly 45 percent of 14.3 million households in Korea, one of Asia’s most wired nations. The country has more broadband users than the rest of East Asia combined outside Japan, and one of the highest percentages of users in the world.
However, Thrunet’s dominant position is increasingly being challenged by state-backed giant Korea Telecom (KTC), which though it has roughly 17 percent share of the broadband market, has been signing on subscribers at a faster rate in recent months.


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China presses US to end tech export controls
China pressed the United States at a high-level dialogue Monday to end export curbs on “dual use” technology with possible military applications.
Beijing has pressed for years to ease such controls, saying high-tech exports could help to narrow the U.S. trade deficit with China. American officials say the controls affect few products and are needed to ensure national security.
“During this dialogue, we hope to hear from the U.S. side in detail its timetable and roadmap for gradually removing barriers to high-tech exports to China,” said Vice Premier Wang Qishan at a meeting with Treasury Secretary Timothy Geithner (pictured) and other U.S. officials.
Washington is in the midst of a review of its export controls, which are meant to deny China’s military access to technology that might aid its modernization. They apply to goods such as supercomputers, lasers, navigation systems and high-performance materials used in missiles.
U.S. Commerce Secretary Gary Locke said during a visit to Beijing last week that less than 1 percent of U.S. exports fall under the controls and 98 percent of requests for export licenses are granted.
Locke said the review of the system was expected to be completed by summer and Washington would then decide whether to change its controls.
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Beyond Google Glass: Creating next generation augmented reality
Todd Humphreys and his students at the University of Texas in Austin are tired of waiting for augmented reality that meets the promise of the technology we've been hearing about and seeing in science fiction for years now. So they set out to build it themselves, and presented a very rough prototype for the first time at the South By Southwest Interactive Festival (SXSW) in Austin on Friday.
The prototype isn't nearly as lightweight or wearable as Google's Glass, the augmented reality spectacles that have received lots of buzz lately over their reported consumer release planned for later this year. Instead, it's about the size of a desktop computer with a big, round antenna attached to the top of the box.
But as Humphreys told the SXSW crowd, it's not meant to be an elegantly designed consumer product, but rather a proof of concept for how good augmented reality could (and should) be.
"Google Glass is not the immersive experience I'm looking for," Humphreys told the audience in a conference room of Austin's downtown Omni Hotel.
He then laid out what he calls an augmented reality "Bill of Rights," outlining what he sees as the real promise of AR, which includes a "true three-dimensional immersive experience" with virtual elements that look and behave as if real, creating a "convincing illusion." Further, Humphreys wants to see absolute location registration (geolocation) accurate down to the centimeter, or even millimeter, no matter where a person is on the globe, outdoors and indoors.
Humphreys' final demand for this next generation of augmented reality – it should be available soon; no waiting another decade for the experience Arnold Schwarzenegger and the Terminator series introduced us to in the last century.
The assistant professor of engineering did acknowledge the loftiness of his AR ambitions and said he was willing to make a few concessions, namely that we may have to settle for a handheld AR experience in the short term rather than a totally immersive, wearable one. This is a point where he and his younger students are actually at odds – Humphreys believes it will be difficult for Google Glass and other "somewhat dorky hardware" to become socially acceptable, but his students disagree.
Humphreys also concedes that the suite of sensors in contemporary devices may be inadequate for achieving what he's laid out in his AR Bill of Rights.
There are, of course, some other glaring obstacles to achieving Humphreys' vision for modern augmented reality, including that it would require covering every inch of the earth from multiple angles with something like Google's Street View car or backpack setup. Then there's also the bandwidth demands and latency challenges for a system that would basically require synchronous up and down streaming of 3D video.
Humphreys said that his team's new prototype effectively takes a big step towards working around these issues and delivering on the promise of AR.
The key to this new approach is the fusion of two readily available technologies: carrier-phase differential GPS (CDGPS) and an inertial measurement unit (IMU), like those in smartphones that house a device's accelerometer and gyroscope.
The IMU helps place and track objects in their local environment and, fusing that data with CDGPS (which is accurate down to the centimeter), "scales and anchors [that] reference frame globally," Humpreys explained.
The result is a technique that eliminates the need to map the whole world in advance by essentially mapping just the local area on the fly (with an IMU and camera) and then placing that reference frame into a global context (via CDGPS).
Humphreys' team says that at present IMUs in our phones and tablets are not quite precise enough to get the job done and their antennas don't output the right information to pickup CDGPS. In fact, current antenna limitations present the greatest stumbling blocks in contemporary hardware, which is why the prototype includes such a relatively large and goofy antenna.
When it comes to processor power, Humphreys said that current hardware has sufficient power, but would likely be a major drain on batteries.
"Perhaps this is not the way AR will finally work out," conceded Humphreys. "But we can imagine it tethered to the back of an iPad."
Source: University of Texas


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There’s been lots of cruise news since the end of last week, so I’ve decided to write a news roundup so you can all catch up.
MSC Cruises announced that it will build a fourth Musica-class ship. The MSC Magnifica will debut in 2010. Its sisters, the MSC Orchestra and MSC Poesia, will launch in 2007 and 2008, respectively.
Royal Caribbean plans to build a second Genesis-class ship for delivery in August 2010. Like its prototype sister (to debut in 2009), this ship will carry 5,400 passengers and will feature new amenities—some which may have never been seen before onboard a cruise ship.
Norwegian Cruise Line will introduce Nintendo Wii video game systems fleetwide this spring. Wii systems will be located in the main atrium, kids’ club, and other public areas, and guests can compete against each other and cheer on their friends.
Norwegian also announced that it’s canceling the May 26 and June 2 departures of the Norwegian Dawn in order to repair the ship’s propulsion system. Passengers on the Dawn prior to May 26 will experience an altered itinerary to accommodate the ship’s reduced speed. Guests booked on the canceled sailings will receive a full refund and a 25 percent future cruise credit. A two-night Memorial Day weekend cruise has been added on May 26 before the cruise heads to dry dock. This new sailing goes on sale on April 4.
Carnival is upgrading its eight Fantasy-class ships. The makeovers, which will take place through 2009, include expanded water parks for kids, a new design for the pool deck, and an adults-only deck area. Other enhancements include remodeled cabins, flat-screen TVs, miniature golf courses, and New York-style delis onboard.
The AP reports that Carnival’s Sensation was evacuated on Friday because of a bomb threat. The threat turned out to be fake, and the ship departed Port Canaveral for the Bahamas that evening.
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Channel 4 strikes advertising deal with Sky
Bloomberg | Quint is a multiplatform, Indian business and monetary information firm. We mix Bloomberg’s international leadership in business and financial news and knowledge, with Quintillion Media’s deep expertise within the Indian market and digital news delivery, to supply top quality business news, insights and trends for India’s sophisticated audiences. With the upcoming festive season and several other planned online and offline mega sales occasions forward, Emkay Global has named Bajaj Finance as the most effective bet to play the India consumption story. The brokerage maintained that each AUM and EPS CAGRs of ~36% over FY19-21E (after adjusting for tax cuts), backed by a stable cross-promoting franchise and a excessive-high quality sourcing mechanism. The company’s board has permitted a QIP worth Rs 8,500 crore, which provides comfort over its valuations.
The brokerage upgraded FY20/21 EPS estimates by ~10%/9%. Key downside risks embody elevated shopper leverage and prolonged rural distress. Shares dip on US manufacturing shock News that US manufacturing exercise tumbled to more than a decade-low helped immediate global shares to retreat to one-month lows.
A German have a look at the world of enterprise from a European angle. We offer stories, business information and analysis from the world’s most necessary financial facilities, the key markets and main producers. Following the stoop in its share worth, the corporate’s market valuation declined to Rs 2,28,470.06 crore at shut of commerce on the BSE. With this, the corporate moved out from the top-10 most valued home firms record. Shares of the biggest online brokerages plummeted Tuesday after market chief Charles Schwab Corp. announced plans to remove commissions for U.S. shares, change traded funds and options.
The domestic rates of petrol and diesel are adjusted taking into account components corresponding to world crude oil costs and the rupee-dollar international change charges. Reuters, the information and media division of Thomson Reuters, is the world’s largest worldwide multimedia news provider reaching more than one billion individuals daily. Reuters offers trusted enterprise, monetary, nationwide, and international information to professionals via Thomson Reuters desktops, the world’s media organizations, and directly to consumers at Reuters.com and by way of Reuters TV.


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Key Information Technology (KIT) is showing off the latest products and solutions from its vendor partners, including industry giant Microsoft, at GITEX Technology Week.
KIT is also exhibiting the latest offerings from hardware player Dell at its stand, and aims to offer a complete range of integrated solutions to its customers around the region.
"We are very excited about showcasing System Center Essentials 2007 through KIT this year," says Desmond Nair, business group manager at Microsoft Gulf. "KIT has proven to be one of the strongest IT solutions players in the market today with their 25 years of experience."
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The country’s President Uhuru Kenyatta has singled out young people going out and drinking alcohol as a factor that has caused the virus to spread. Sales of alcohol in restaurants are currently banned and any business that does sell alcohol can only do so until 7:30 p.m.
After steep initial declines in March and April, overall sales in Kenya had bottomed out by June, says Ohaga, who joined East African Breweries (EAB) from Barclays Africa in February. But “customer behaviour will not bounce back soon and neither will their pockets.”
READ MORE Ramaphosa’s abrupt booze ban puts 1 million jobs at risk, says industry
Outside Kenya, EAB’s markets are in Uganda, Tanzania, Rwanda and South Sudan. Despite falling beer sales, EAB has been able to sustain growth in spirits sales in all its markets. In Kenya, she says, this is due to the fact that beer is usually consumed in public and is less likely to be taken home. “Spirits are more portable.”
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Excise duties in Kenya were a constraint on beer sales that predated COVID-19. Ohaga would like to see them reduced. The duties are inflation-linked, which mean that the cost to the consumer rises every year. Yet workers do not always get pay rises in line with inflation, she says.
- Two-thirds of the cost of a regular Kenyan beer is excise duty, she says, while noting that there are some concessions from the government on low-cost value beers, such as EAB’s Senator Keg.
- Duties on spirits are lower. The government has focused on beer as consumption is more widespread and generates more revenue than spirits, she notes.
- That raises the prospect of greater segmentation of the Kenyan market, with more people either trading down to cheaper beers or trading up to spirits.
Earnings Outlook Clouded
EAB is the region’s largest beer brewer. The company, which is majority-owned by Diageo and which trades on the Kenyan stock exchange, is focused on breaking even or making a profit, and has cut all its discretionary spending, she says.
Earnings for first half of the year fell short of analyst expectations, despite a profit warning from the company in May.
READ MORE Nigeria’s locked-down drinks industry raises bootleg alcohol risks
- There is no way of knowing if the current full-year analyst consensus for EAB is accurate or whether it will need to be revised, says Ohaga.
- Analysts “will struggle” to get it right given the uncertainties over COVID-19. “We really can’t tell” if their current forecasts are accurate. The current consensus, she said, is for a fall in sales of 5% for the year to June 2021.
- As a result of the pandemic, bank borrowing is now at the limits of what the board agreed before COVID-19, she adds.
- Ohaga sees no current need for new funding, but “if we did need more the conversations are open with our bankers.”
- The company in June omitted its final dividend and Ohaga says she did not know when dividend payments will be resumed. Financial planning, she said, is currently on a quarter to quarter basis.
- Capital expenditure in 2020 will be at about two-thirds of its 2019 level, with Ohaga saying that the spending is “delayed rather than cancelled.” So far, the company has not needed to cut the workforce or salaries and Ohaga says it has no plans to. “We see an upturn as soon as restrictions are lifted.”
More affluent consumers in Kenya may be at the start of a long-term shift away from beer and towards private consumption of spirits.
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text: Today's chart of the day shows that with about 44 million subscribers, India has the 5th highest number of smartphone users in the world. China leads the pack with about 270 million users. India's growth in smartphones has been pegged at about 52%, which is higher than China and the US. It is worth noting that in India, smartphone users comprise 4% of the total mobile subscribers. In China, US, Japan and Brazil, smartphone users as a percentage of total mobile subscribers are 24%, 48, 65% and 20% respectively. As of fourth quarter of 2012, there are 1.1 billion smartphone subscribers globally, reporting a 42% growth.


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The new SocialGO is comingNext version of new platform, SocialGO Version 2 which will be released later this year. Version 2 represents a new way of thinking about the creation of social websites and communities. It will giveus new levels of flexibility to build truly unique spaces for the businesses and groups work with.
The social web has grown to become a key layer in everything we do online, and they are creating a brand new platform to power the next generation of social website.
To learn more, please visit http://sgv2.com, follow @socialgo
and check out the blog.
Private beta phase....All existing Premium and Concierge customers will be invited
to join the private beta. You do not need to do anything! They
will contact you in the next couple of months with an invite
code to begin trying out SocialGO Version 2.
After private beta, they will be inviting a wider audience. To
be one of the first to explore V2 as part of thier public beta
program, register your interest at :
Wednesday, January 05, 2011
Snap & Read with QRCODE Reader


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Santa Cruz wellness expert releases app to improve workplace well-being
According to the International Labour Organization, Americans work 137 more hours per year than Japanese workers, 260 more hours per year than British workers, and 499 more hours per year than French workers.
Many of us dash out of the house in the morning, coffee in hand, to the office, where we sit for the majority of the day—maybe even eating lunch in front of a screen. Then it’s back home to squeeze in some family and friends time, maybe go on a Netflix binge, get a few hours of sleep, then do it all again.
Where, in all of that, is the time for taking care of ourselves?
Elizabeth Borelli says that the problem is not that we don’t have enough time, but that we don’t prioritize well-being. The Santa Cruz-based workplace wellness expert, public speaker, and author of Sprout It! and Beanalicious Living says that it’s about building healthy habits around exercise and food into your routine.
“Obesity and diabetes are still on the rise,” she says, explaining that the largest-growing segment in the U.S. is the under-20 age group. “It all stems back to the fact that we’re so reliant on processed foods. The majority of people think they’re doing a good job with their diet because they’re buying the gluten-free Fruity Pebbles that are fortified with Vitamin D.”
Earlier this year, Borelli created Well Beyond, an app to enhance employee wellness at companies and organizations. By combining teamwork, gameplay and education, Well Beyond helps people build healthy habits into daily routine.
Featuring 50 activities that are all given a point value, Well Beyond relies on our innate desire for reward, and builds on the camaraderie that comes with teamwork. Employees compete as teams, which fosters mutual support. Activities range from the simple—don’t eat in your car (two points) and get 7-8 hours of sleep (two points)—to more challenging activities like making time to meditate (three points) and getting an hour of exercise (four points). There are also bonus activities, such as trying a new sport, that offer up to five points. The idea behind the platform is that bringing mindful awareness to everyday habits is the first step in creating healthy habits.
Where other programs focus primarily on exercise or diet, Borelli says Well Beyond takes a holistic approach.
“If you only focus on one component,” she says, “you’re leaving out a large part of the population who is not there yet. They’re the ones who are eating the Fruity Pebbles. They’re not ready to make those changes yet, but they can do something. Everyone can do something.”
Borelli observed that during the economic downturn, the work culture shifted to one where 50-hour work weeks are more common, and lunch breaks are less common. But big companies are setting a new example of workplace well-being with fitness centers, free access to healthy snacks, in-house activities such as ping-pong, and more.
Competing against perks like these, it’s challenging for smaller companies to attract talented workers who are looking for more than just a steady paycheck. Borelli thinks Well Beyond is a way for these smaller businesses to offer a competitive advantage against big companies. The team-building and engagement that come with using the app bring people of all fitness levels together with a shared purpose.
Borelli prioritized making Well Beyond fun and accessible, and it can be used by anyone. The maximum number of points for an activity is five, so those employees just starting on their well-being journey aren’t at a great disadvantage to the company triathlete or the employee who works out every lunch break. Participants get nearly as many points for meditating as they do working out for an hour.
Designed to be used by companies and organizations in 10-12 week cycles, Well Beyond was built by local web design and development company Launch Brigade, and had its beta launch at NextSpace. Borelli is currently looking for businesses to try the app for free to see if it works for them. Her hope is that Well Beyond contributes to a new culture of health and well-being in the workplace.
“Research unequivocally shows that those kind of changes result in increased productivity, focus, and happier employees,” she says. “It’s really a win-win. It can change the culture from one of work till you drop, to one where we encourage you to focus on well-being.”
More information about Well Beyond is at wellbeyond.net. Photo: Shutterstock


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Bungie announced today that Destiny 2: Into the Light, the two-month stretch of updates and new content that will lead into The Final Shape, will get underway on April 9. The studio will hold three separate livestreams leading up to the big day showcasing hands-on gameplay and the new features, content, and rewards coming to the game.
The Final Shape, the conclusion to the Light and Darkness saga that's underpinned the entire Destiny narrative thus far, was supposed to go live in February 2024. Instead, following layoffs at Bungie in October 2023, it was delayed to June 4, forcing Bungie to extend the Season of the Wish to a whopping six months. To keep players engaged, it came up with Into the Light, a series of free content updates, sandbox changes, and quality-of-life updates.
What exactly will be added hasn't yet been revealed, but that's where those livestreams come in. They're set to start at 10 am PT/1 pm ET on March 19, March 26, and April 2, and "each will focus on different part of the content update and be presented by our developers, who will be sharing tons of information and providing a hands-on preview," Bungie said.
Even if you're not especially interested in the details, there's reason to tune in: Watching at least 30 minutes in total (across all three streams) will earn you the "Those Held Dear" emblem, and if you can tally up two hours of total viewing time you'll also get the Echo Diamond emblem. Be sure to connect your Twitch profile to your Bungie ID so you can claim your stuff.
Those Held Dear
There's a lot riding on this. Bungie's ham-fisted handling of those 2023 layoffs outraged fans, while player numbers have dropped off and revenues are reportedly running at 45% below expectations. Meanwhile, Sony isn't happy: PlayStation chairman Hiroki Totoki recently called for more "accountability" from Bungie leadership, heightening worries that the studio could be facing the loss of the independence it has enjoyed since being acquired by Sony in 2022.
The Final Shape will be the true arbiter of Sony's future, but Into the Light is going to pave the way, and how well Bungie delivers through April and May will go a long way toward setting up The Final Shape for success—or otherwise.


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Meetings management technology company Cvent experienced 50 percent year-over-year revenue growth in the fourth quarter of 2010, making last year the most successful year in the company's 11-year history, Cvent announced last week.
For 2010, overall, Cvent reported 41 percent revenue growth, added 200 net new employees and acquired more than 3,000 new customers globally.
"We performed exceptionally well on all fronts in 2010, as businesses called on Cvent to help them navigate a 'new normal' left by the recession," said Cvent CFO Thomas Kramer. "With a laser focus on cutting costs and boosting efficiency, organizations of all kinds turned to Cvent's software to get the most out of their meetings programs and web survey initiatives. As a result, we brought on a record number of new customers and also saw a significant jump in existing customer program expansions and renewals."
According to the company, Cvent last year experienced a 49 percent increase in new booked business for its core meeting and event management product; added more than 1,700 new users of its web survey solution; and achieved a milestone of 125,000 venue profiles in the Cvent Supplier Network — its online meeting site selection and RFP tool — which it's forecasting will facilitate $4 billion worth of group business in 2011.
Said Kramer, "We continue to set the pace in the industry as we kick off 2011 and are poised to maintain our rapid growth."


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The Norwegian disco mafia have been cleaning up recently with the likes of Lindstrom and Todd Terje spearheading the movement. But there’s is a third way, and we are of course talking about, Prins Thomas.
Teaming up with fellow country man Thomas Dybdahl, Prins Thomas delivers a cosmic remix of Thomas’ ‘But We Did’, which is out August 4.
Thomas Dybdahl is due to release his forthcoming album ‘What’s Left Is Forever’ September 16. The spine-tingling ‘But We Did’ is the debut single to be released by Virgin Records in the UK and is available now with an album pre-order from iTunes.
Available now on Beatport: po.st/PRINSBP
‘But We Did’ is taken from Thomas’s upcoming new album ‘What’s Left Is Forever’ — released 16th September.
Get ‘But We Did’ instantly when you pre-order with iTunes:


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Motorola is looking to introduce eight to ten smartphones, accounting for about 25-30% of the vendor?s total handset models to be launched worldwide this year, according to Motorola Taiwan.
Of the smartphone models, Linux-based devices are expected to perform well for the vendor in the smartphone market, said the division.
Buoyed by good sales of the E680, A768i and A780 models, Motorola?s smartphone sales currently exceed 10% of its total sales in China, Motorola Taiwan cited.
Although Motorola sold its stake in Symbian in 2003, the vendor is constantly developing Symbian-based smartphones, Motorola Taiwan stated. The A1000 third-generation (3G) phone, which features the Symbian 7.0 OS, is expected to be available in Taiwan when domestic 3G service rolls out, the division added. In addition, Motorola?s new Microsoft Windows-based smartphone, which is produced in-house, will be introduced to the market in the second half of this year, Motorola Taiwan noted.
Smartphone demand worldwide is projected to expand from 23 million units in 2004 to 50 million this year, thanks to more ?value-added? image and voice application services being embedded in wireless handheld devices, according to Motorola Taiwan.


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The Associated Press reports that comic-book publisher Marvel Enterprises Inc. was ordered to fork over 10% of profits earned since 1998 to Stan Lee, creator of Spider-Man and other famous Marvel superheroes. Marvel will reportedly appeal the decision handed down Wednesday by the U.S. District Court for the Southern District of New York.
Lee sued Marvel for a share of profits garnered from licensing Marvel characters for movies, television productions and toys based on those projects. Marvel, which says it’s paying Lee an annual salary of $1 million, dismissed his claim to profits based on an employment agreement signed in November of 1998.
While he will get a piece of the action on toys sold by Marvel, he was shot down in his bid to get paychecks from third-party toy makers. A jury verdict will be sought to settle Lee’s claim to some of the profits earned from Spider-Man and Incredible Hulk merchandise generated in partnerships between Marvel, Sony Pictures Ent. and Universal Studios.
It is speculated to Marvel’s revenues for 2004 will weigh in at a hefty $499 million. While Marvel holds that the decision will not affect its financial guidance, the company saw its shares fall 2.9% this morning on the New York Stock Exchange.


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KUALA LUMPUR (Oct 11): Affin Hwang Capital has maintained its "Neutral" call on the plantation sector while MIDF Amanah Investment Bank Bhd Research has maintained its "Negative" call.
This came as both research houses expected a decline in export demands of palm oil products in September 2019, largely due to lower demand from India.
India, the largest buyer of palm oil products, started to purchase less following the increase in tax on refined palm oil from Malaysia to 50%, from 45% previously.
"This is predicated on the fact that the purchases might be shifted towards Indonesian palm oil, which has a cheaper pricing than Malaysian palm oil as both producers incur the same tariff rate," MIDF Research said.
According to Affin Hwang Capital, exports of palm oil products to India, China and Europe dropped by 43.6%, 25% and 5.2% month-on-month respectively.
"Malaysia's palm-oil inventory could potentially rise in the next few months, in our view, as we enter the peak production period, although it is unlikely to reach the record high level of 3.2 million tonnes recorded in December 2018," Affin Hwang said.
In a note today, MIDF Research stated that despite the marginal decrease of 0.6% year-on-year (y-o-y), the output level still remained elevated as the palm oil industry is experiencing a high production cycle.
It expects the production level to remain elevated in the beginning of 4QCY19 before tapering off as the quarter ends due to absence of supply disruption event and seasonally higher output cycle.
"It was worth noting that this was the first decline after consecutive eight months [of] increase in production level on a y-o-y basis," MIDF Research said.
Affin Hwang noted that Malaysia's crude palm oil (CPO) production for the first nine months of 2019 was up by 9.3% y-o-y to 15.19 million tonnes, underpinned by improving fresh fruit bunch yields and CPO extraction rates throughout Malaysia.
With the average CPO price hovering at about RM2,000 per tonne and gradually trending upwards, it is expected to be met with resistance in coming months.


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There are financial companies in the UAE using "false certificates" in order to deceive potencial customers, the country's Securities and Commodities Authority (SCA) has warned
The SCA said that the warning came following inquiries from the public about the validity of registration and licence certificates presented by promoters and company representatives. The statement added that some companies which claimed to be licensed by the SCA and other regulatory agencies in the UAE were investigated and found to be unlicensed.
"As these certificates were found to be "false certificates" and the names of the companies mentioned therein are not registered or licensed by the SCA, and that the investment offers that are marketed and promoted by the delegates of these companies are "fake offers" aimed at investors, especially individuals," the statement said.
In most cases it turns out that these companies are ‘fictitious entities’ that carry out financial fraud and communicate with individuals through several means"