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The Yomiuri Shimbun
The difference in the positions of Japan and the United States has become clear. In a planned new round of trade negotiations, the two countries must make all-out efforts to study mutually beneficial measures, without being mindful about winning or losing.
In their two days of meetings, Prime Minister Shinzo Abe and President Donald Trump agreed to create a new framework for discussing trade issues.
The new round of talks will be conducted on a ministerial level, involving Toshimitsu Motegi, minister in charge of economic revitalization, and U.S. Trade Representative Robert Lighthizer.
As Trump calls for a cut in the trade deficit with Japan, the creation of a new framework can be viewed as wise move that would prevent a conflict of opinions from worsening by keeping trade issues detached from talks between the two leaders.
The problem is that the two countries differ in their expectations about where the trade talks under the new framework should be directed.
Abe encouraged the United States to return to the Trans-Pacific Partnership free trade deal, saying the TPP is “best for both Japan and the United States.”
Trump emphasized his intention to not return to the TPP unless it is renegotiated under terms very advantageous to the United States, saying, “I would much prefer a bilateral deal.”
The reason why the United States is sticking to bilateral negotiations must be that it thinks it will be easier to obtain results, such as increased imports of specific items and restraints on exports by its trading partners.
This is the negotiation method the United States repeatedly employed to handle trade friction with Japan in the 1980s. The practice runs counter to the spirit of mutually beneficial free trade promoted under the World Trade Organization, which was inaugurated in 1995.
Japan must push TPP 11
It is unproductive for the United States — a country that has benefited greatly from economic globalization — to step up protectionist moves.
An agreement was not reached during the Abe-Trump summit on whether to exempt Japan from the restrictions on steel and aluminum imports invoked by Washington last month.
Abe had every reason to argue that Japan’s high-quality steel and aluminum products “are greatly contributing to industries and employment in the United States.”
It cannot be overlooked that Trump stated that the treatment of Japan depends on the development of new trade negotiations.
Japan accepting as a bargaining tool such a unilateral step, which lacks legitimacy, by the United States would create future problems.
Washington should promptly retract the import restrictions to also build confidence in the planned new round of negotiations.
Even if the two countries enter talks on concluding a free trade agreement, it is unrealistic for Japan to make concessions to the United States beyond the TPP framework, for which both countries took part in negotiations.
Japan must steadily push ahead with the new TPP deal reached by 11 countries but without the United States. In negotiations based on the new framework, Tokyo will be able to clarify its position.
Approving the TPP in the current Diet session is imperative for giving momentum to its ratification by six or more of the other countries — the condition for the deal to take effect.
(From The Yomiuri Shimbun, April 20, 2018)


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Announced Mina the Hollower Game Similar to Shovel Knight
The official trailer of Mina the Hollower, which stands out with its resemblance to Shovel Knight, was shared.
Yacht Club Games’ new game Mina the Hollower has been announced.
Yacht Club Games has announced a new game. Mina the Hollower will be an action adventure game with an isometric perspective reminiscent of Game Boy Color games. This is the first new game since 2014 when the developers released the award-winning and best-selling Shovel Knight.
After the undeniable success adventures of the shovel-wielding knight, the developers have spent the last few years adding content to this game, but after eight years and many splits, it’s time for an entirely new project. Mina the Hollower is described as a grisly action-adventure game sustained with an eight-bit aesthetic adapted to modern standards.
Mina the Hollower Release Date
On the official website of Yacht Club Games we can find artwork and short game pieces depicting locations, enemies and bosses.
As in the case of Shovel Knight, the creators decided to start a fundraiser on Kickstarter. The studio claims the game will be mostly self-financed, but they are trying to recreate the magic of the first game by involving the game community in the development process.
By the way, if you don’t know Shovel Knight, the game is set in a fantasy world and the player controls the titular Shovel Knight, whose mission is to defeat an evil Sorcerer and save his lover. While wielding the legendary weapon, the Shovel Blade, the hero must face the formidable members of The Order of No Quarter and overcome the many traps that await him.
Mina the Hollower’s release date has not been announced yet, but we do know that the game will be available on PC, Xbox One, PlayStation 4, PlayStation 5 and Nintendo Switch.
You can go to the game’s steam page here.

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VIDEO - Blockchain Update October 2018
What happened in October in the cryptocurrency and blockchain spaces? Here the Investing News Network provides a breakdown of some of the biggest news last month.
During October, both the blockchain and cryptocurrency spaces had a number of notable landmarks throughout the month, including tech giants releasing various updates and bitcoin celebrating a milestone birthday.
Unlike other months in 2018, bitcoin had a relatively stable October. The digital currency touched a low of just under US$6,300 on October 12, but reached a month-high of US$6,900 on October 16. By the end of the month, bitcoin settled back at roughly US$6,300 just in time to celebrate its 10th anniversary on October 31.
Bitcoin is, of course, the world’s first digital currency and—since its first birthday—there have been over 3,000 digital currencies created, which includes 1,000 ones that are now dead.
In terms of ethereum, the second top cryptocurrency was on a steady decline throughout the month from approximately US$229 to US$197, which is a 13 percent decrease. Meanwhile ripple dipped form US$0.58 to US$0.44, representing a 24 percent dip.
Meanwhile, tech mammoth IBM (NYSE:IBM), which is always making headlines in the blockchain space, had two notable updates in October. Early in the month, the company announced it had been granted a patent from the US Patent and Trademark Office (USPTO) for a blockchain solution that will detect security breaches. As of October 3, IBM is the second-leading company in terms of blockchain patents with 89.
IBM’s second piece of news was the official roll out of its Food Trust blockchain platform, which spent 18 months in testing prior to the launch. Retailers and suppliers in the food industry are now able to track food back to their sources using the Food Trust platform. IBM first revealed Food Trust back in 2016 through a partnership with Walmart (NYSE:WMT).
October, of course, was not just about IBM. In fact, the Canadian sector saw several noteworthy bits of development, including First Block Capital launching its blockchain-based ETF on the Aequitas NEO Exchange. Called the FBC Distributed Ledger Technology Adopters ETF, it tracks 40 companies in the blockchain space, all with equal weighting.
Vancouver-based DMG Blockchain Solutions (TSXV:DMGI) announced it is dipping into the cannabis industry with the development of a supply chain management platform for the legalized market in Canada. Once the system is officially deployed in the country, the company said it will consider rolling out the platform globally.
And—last but not least—it was revealed that the Canada Border Services Agency (CBSA) will be trial running a blockchain-based digital shipping service developed by IBM and Maersk, called TradeLens. The CBSA is one of the only border agencies currently testing the platform out of 94 organizations already participating in the platform./
Watch the video above for more on what happened during the month of October.
Don’t forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article.


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Since the beginning of 2020, dramatic changes in the retail industry have resulted in ecommerce retail sales increasing by 29.1% in Central and Eastern Europe and 26.3% in Western European countries.
From March 2020 to April 2020 BigCommerce merchants saw website traffic increase by 62.9%.
However, eMarketer predicted that in the UK, brick-and-mortar retail will decrease in 2021 but still account for 62.5% of the retail landscape. Along these same lines, a recent survey by BigCommerce and PayPal found that over 40% of UK shoppers still prefer in-person shopping.
So how will all this change impact the future of commerce?
Going forward, retail businesses will need to adapt their strategy to take a hybrid approach that focuses on the omnichannel customer journey. Meaning, you must meet customers where they are and create seamless experiences across every touchpoint from marketing and commerce to fulfilment and returns.
3 Trends Most Likely to Impact Fashion Retailers
The lines between offline and online retail experiences are blurring, creating exciting new opportunities for fashion businesses. Here are some of the latest omnichannel trends we predict will be even more important for retailers as we head into 2022.
1.Physical stores will continue to prioritise fulfilment.
While click-and-collect, or buy online, pickup in-store (BOPIS), was already fairly popular in the UK — with 64% of retailers offering it according to one recent survey — in the US and other European countries, it lagged behind. Of course, once the pandemic hit, it skyrocketed in popularity.
In fact, in our 2021 Consumer Spending Trends report, multiple respondents commented that they “liked click-and-collect because it allowed them to counteract shipping fees.” Plus, research shows that the immediacy of in-store shopping is one of the top three reasons customers choose to shop in-store.
So we don’t foresee click-and-collect slowing down any time soon. In fact, we’re seeing our merchants use it in creative ways to encourage shoppers to visit in-store.
For example, BigCommerce merchant Lammes Candies recently shared an exclusive offer for chocolate-covered strawberries where customers could order from the pre-sale online and schedule pick up in-store. This is a great way to use your website to drive online traffic in-store for exclusive deals since they weren’t offering to ship.
Another thing we are seeing is same-day delivery. While BigCommerce customer Jeni’s Splendid Ice Creams offers fulfilment options for customers, such as ordering online from their app for in-store pick-up, they also offer same-day local delivery via a third-party for customers who live within 8 kilometres of one of their retail locations.
In the future, we expect that some retailers may even start hiring local staff specifically to fulfil these orders so that they can fully own the end-to-end experience.
2. Contactless is making contact.
As of 2020, more than 6 billion people worldwide have a smartphone. And with that, we are seeing a rise in shoppers relying on their smartphones for contactless payment options, such as digital wallets, both online and in-store.
In-store digital shopping experiences are also gaining traction. Although this concept isn’t new to many regions. For example, in China in 2015, Alibaba opened its first Hema supermarket where customers download an app and scan QR codes to learn about each product as they’re shopping.
While that’s taking contactless to the extreme, something as simple as removing the need to speak to a salesperson to find a product can enhance the in-store shopping experience.
Shoppers now want the ability to pull out their phone, open an app and search for the exact location of the product they’re looking for. They also want to know how many of those items are in stock. And if you could serve up a coupon or promotion too, that would be great.
3. Reality no longer exists only in the physical world.
Augmented reality (AR) and virtual reality (VR) never really took off how we all envisioned they would back in the late 80s and early 90s. Now, however, it’s finally gaining traction because it can help shoppers make better, more informed product decisions — online and in-store.
BigCommerce merchant Burrow has pioneered. They’ve created an AR app that allows shoppers to customise and place true-to-scale 3D models of Burrow sofas and chairs in their own homes.
Even a simple virtual reality solution like what our merchant Philip Morris & Son has done. Their virtual reality store allows online shoppers to browse the store on the computer so that it feels like you're in person.
And of course, another industry we see expanding the use of AR/VR is fashion. Retailers can leverage AR on their ecommerce stores to help customers see how clothes will look on their bodies — which is not only a great solution for differentiating the ecommerce experience, but it can also help reduce the number of returns for online sales.
AR/VR can also be used in person. One area where we’re seeing a lot of interest in this technology is beauty products. While in the store, customers can see how different hair colours or makeup will look on them before they buy.
Key takeaways and Predictions
- Fulfilment will be the main function of physical stores, while online will function as product discovery.
- Mobile smartphones will continue to accelerate the popularity of contactless shopping in new ways, and retailers will need to adapt their stores and technology to meet these expectations.
- Augmented reality and virtual reality will grow in adoption for both retailers and consumers because they can help shoppers make more informed decisions.
Long-term success now depends on retailers’ ability to leverage these trends to create a seamless hybrid shopping experience across all touchpoints. To learn more about how BigCommerce can help merchants achieve holistic omnichannel commerce success, visit the website.


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In a recent interview with Forbes, ServiceNow CEO Bill McDermott shared his optimism for the future of the United States of America. A strong believer in the resilience and potential of the country, McDermott emphasized the need for individuals and organizations to be adaptable and innovative in a rapidly changing world. His insights are particularly relevant in the current environment where the COVID-19 pandemic has presented new challenges and opportunities for businesses across the globe. Join us as we explore McDermott’s visionary perspective and what it means for the future of American enterprise.
ServiceNow CEO Bill McDermott in his recent interview with Forbes, talked about various topics including activist investors and generative A.I. The former CEO of SAP shared his thoughts on American innovation and his optimism towards it. The Forbes platform offers unlimited access to premium journalism, breaking news, and a daily digest, making it a go-to platform for business news. With its membership, Forbes also provides members-only events and an ad-light experience. To stay updated, one can subscribe to a Forbes newsletter or connect with Forbes’ social media channels like Facebook or Twitter.
ServiceNow CEO Bill McDermott: Insights from the Interview:
During the interview, McDermott shared his insights on various topics ranging from activism and generative AI to American innovation. He emphasized that ServiceNow’s focus is always on the customer and delivering customer value.
McDermott stated that he does not see activist investors as a threat but as a force that can challenge the company to think differently and progress towards growth. He discussed how ServiceNow worked with an activist investor to help push the company’s innovation and move forward towards its goals.
In the interview, McDermott also talked about the importance of generative AI, calling it “the new face of the technology industry.” He emphasized that this advancement would drive innovation into a new era.
McDermott’s Optimism About American Innovation:
McDermott shared his optimism about American innovation, stating that he believes there is simply no better innovation engine than the United States. He added that the country had consistently demonstrated resilience and the ability to recover from setbacks, and these qualities were what made him bullish about the US.
McDermott also talked about the importance of global cooperation for innovation, as it could lead to a more sustainable future and a better world for generations to come.
Forbes: Your Go-To Platform for Business News:
Forbes offers unlimited access to premium journalism, breaking news, and a daily digest with an emphasis on people and success. In addition, Forbes offers its membership, which includes members-only events and an ad-light experience.
Forbes’ content focuses on several areas that include entrepreneurship, wealth, technology, business, and lifestyle. Their content showcases interviews with industry leaders, tips for entrepreneurs, breaking news, and insights into how various industries operate.
Forbes’ Connect with its Audience:
To stay connected, Forbes offers various ways to connect with its audience. Subscribing to Forbes’ newsletters, following Forbes on Facebook, and Forbes Video on Twitter or Instagram ensures that one stays updated on the latest news from the business world.
ServiceNow CEO Bill McDermott shared valuable insights about various topics ranging from activism to generative AI and American innovation. He emphasized the importance of innovation and customer value to ServiceNow. Forbes, with its unlimited access to premium journalism, breaking news, and daily digests, is a go-to platform for staying updated on business news. With its membership, Forbes offers members-only events and an ad-light experience. To stay connected, one can consider subscribing to Forbes’ newsletters, following Forbes on Facebook, and Forbes Video on Twitter or Instagram.
- What are the topics that Forbes covers?
- Forbes covers entrepreneurship, wealth, technology, business, and lifestyle with a focus on people and success.
- What is included in Forbes’ membership?
- Forbes’ membership includes members-only events and an ad-light experience.
- How can we stay connected with Forbes?
- To stay connected, one can consider subscribing to Forbes’ newsletters, following Forbes on Facebook, and Forbes Video on Twitter or Instagram.
- Who is ServiceNow CEO Bill McDermott?
- Bill McDermott is the CEO of ServiceNow. Previously, he was the CEO of SAP.
- What is generative AI?
- Generative AI is a new advancement in the technology industry that drives innovation into a new era.


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November sees largest petrol price drop in four years
Data from RAC shows unleaded fell from 130.61p to 125.43p last month, while diesel dropped from 136.93p to 134.42p, marking the first major price reduction since June.
The cost of filling up a family-sized car with 55 litres of unleaded at the end of November stood at £68.98 – a saving of £2.85 on a month ago. The equivalent for a diesel vehicle is £73.19 which translates to £1.38 less for a tank since the end of October.
However, despite the positive news at the pumps, drivers were still overcharged by 10p a litre for unleaded and 7p for diesel, according to the RAC’s analysis of wholesale fuel prices.
The motoring group said average prices should fall considerably over the next fortnight “if retailers play fair”.
RAC fuel spokesperson Simon Williams said: “The oil price plummeted by 24% throughout November which proved to be positive for motorists – indeed we haven’t seen such a large drop in average prices in nearly four years
“Having finished October at $75, a barrel of crude ended the month only costing $57 which sent wholesale prices tumbling even though the value of sterling dropped by 2%.
“This should have translated to the average price of petrol being around 120p a litre, but retailers chose not to pass on the savings meaning the current average still remains unnecessarily high at 125.43p.
“Based on our data, petrol still ought to come down by 7p a litre in the next two weeks and diesel by 5p. While this seems unlikely based on retailers’ current track record, we can only hope they are planning some cuts in the run-up to Christmas with a view to getting more shoppers into their stores.”
According to the RAC, in the last six years retailers have not taken this much margin from selling a litre of petrol over such a protracted length of time


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Everyone has a hobby niche. Even if it’s just the commons that "no one wants" mean big business for one Tennessee company.
Three guys who grew up putting cards in the spokes of their bikes have grown their baseball card business into one that deals with Wal-Mart, K-Mart and other big chains.
CardsOne is a Tennessee business that grew from a simple passion for cards born in childhood. They’re one of the companies folks call when they have a lot of commons. But if you’ve only got a couple of monster boxes full, don’t bother. When they say they handle bulk, they mean bulk.
Read and listen via the Chattanooga Times Free Press.
Shop for sports card boxes now


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APN Outdoor CEO James Warburton says the out of home industry needs to use the recent deals between Ooh!Media and Adshel and JCDecaux and APN Outdoor as an opportunity to really "grow up".
Speaking to AdNews, the outdoor boss, whose business yesterday recieved Australian Competition and Consumer Commission (ACCC) approval to be acquired by international giant JCDecaux, said the new landscape media landscape needed further leadership and industry collaboration.
"I hope that the outdoor industry can really pull together and work as one, it's time to really grow up and really think about the future and work collaboratively together," he says.
Warburton added that the Outdoor Media Association (OMA) also needed to reapproach how it looked at the bigger issues facing the industry, and members need to stop "fighting amongst each other" and look at the bigger picture.
"It's crazy that we sit here today with all the investment, hundreds of millions of dollars all having gone into digital, large format, billboards, yet we don't have the audience measurement to support it," Warburton says.
"Instead we have this situation where everyone goes head-to-head, beating each other up to win business based on discount when we haven't even got measurement of its effectiveness."
He says the shortening of compeition will highlight the key oppurtunities that the industry should be taking advantage off, particualrly with further growth projected over the next two years.
Under the new deals, JCDecaux and Ooh!Media will become the two largest players in Australia's out of home sector, with each now in possession of large format and street furniture assets.
"It really gives a fresh opportunity for the industry, and there needs to be an independent leadership at all levels but also someone with political connections at the top," Warbuton says.
"Outdoor tends to get run over by ministers who want to make an example of us, whether it's with alcohol or gaming, yet we are only 6% of market.
"The PwC projections from its outlook report, has us in 2020 as representing 7.9% of market, so the opportunity for the industry is not to fight each other but to actually work together to improve."
Warburton pointed to the success of the TV sector as a objective the outdoor industry should be moving toward.
He says the reinvention and collaborative work that the major networks have achieved through their work with ThinkTV highlights how an industry can produce better outcomes by working in unison.
"ThinkTV and the television industry has done an extraordinary job of reinventing itself with all the platforms that have been applauded by the media buyers," Warburton says.
"Our industry needs to have one platform and one objective moving forward and these are really important things, so outdoor needs to use this an opportunity to consider how it can progress and grow moving forward."
When it comes to adopting a uniform measurement platform, most of the major outdoor vendors have committed to using campaign delivery reporting platform Seedooh.
The independent OOH ad tech platform aggregates classic and digital screen data with campaign booking information to allow advertisers and media buyers to monitor campaign delivery, providing confidence on the buying side.
Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at firstname.lastname@example.org


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CIBC, one of Canada’s largest banks, will buy for just less than $850 million the 41% stake in American Century Investments now held by J.P. Morgan Chase.
Pending regulatory approvals in the U.S. and Canada, the transaction is expected to close within the next two to three months.
J.P. Morgan has owned a large minority stake in American Century since January 1998, when the giant U.S. bank paid $900 million for a 45% stake in the Kansas City-based money manager, which had roughly $60 billion in assets under management at the time.
As of June 30, American Century had $112 billion in AUM, up from $103 billion at the end of 2010.
In a conference call early Friday to discuss the pending transaction, both Jonathan Thomas, the CEO of American Century, and Gerry McCaughey, the president and CEO of CIBC, said the strategic partnership between the two firms would help them diversify their businesses geographically.
Mr. McCaughey said CIBC’s investment in American Century not only would give his firm’s growing asset management operations a platform for growth in the U.S. market, but also would provide further momentum for CIBC internationally.
Mr. McCaughey said the relationship would allow CIBC to offer American Century’s equity, fixed-income and absolute-return strategies to both Canadian institutional clients as well as to retail investors, including the possibility of the U.S. manager serving as a subadviser for CIBC’s open architecture offerings.
American Century’s Mr. Thomas noted that his company is enjoying the strongest organic growth in its 53-year history, with net inflows in 2010 of $6.1 billion, and roughly $4 billion during the first half of 2011. That leaves the company with an organic growth rate of 5% of its asset base, which Mr. Thomas noted was roughly twice the industry average.
Asked by analysts if CIBC’s investment in American Century could be the opening salvo of a more aggressive acquisition strategy in the U.S. market, Mr. McCaughey said CIBC remains very focused on growing its wealth management operations through “both internal and external activities,” but he suggested his company’s U.S. bases are now well covered.
“We’re extremely satisfied with this as our ownership position in the U.S.,” he said, while leaving open the possibility that CIBC would remain more open to pursuing international acquisitions.
Pressed by analysts whether the agreement included some path to majority ownership for CIBC in American Century, Mr. McCaughey said it does not.
Asked by analysts what led to a parting of the ways between J.P. Morgan and American Century, Mr. Thomas noted that when the two firms established their relationship in 1998, American Century was very much a retail shop and J.P. Morgan was very focused on institutional business. Over the past decade or more, however, “we’ve become extremely institutional,” while J.P. Morgan has developed a strong retail and intermediary business, he noted.


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Ah…March 1st. The very first day of a new month. We have 31 days of lion and lamb greatness in front of us. Who knows what they may bring? We sure don’t. Even if we did, they haven’t happened yet, so we can’t exactly review them, can we? Knowing the future would have its advantages, but it doesn’t really help us with this column.
Millions of Oliver Queen fans tune in to watch the Hood come to life each Wednesday on the small screen, but if you’re only watching the show, you’re only getting half the story. Every Wednesday also marks the release of a brand new chapter of the digital first comic book.
It’s shaping up to be one rough week for members of the Bat-family. After their absolutely brutal run-in with the Joker in “Death of the Family,” they now have to contend with, well, a death in the family. If you’ve read yesterday’s New York Post article, you know what we’re referring to.
He’s graced the pages of comic books written and drawn by the likes of Denny O’Neil, Kevin Smith, Mike Grell, Neal Adams, Andy Diggle and Jeff Lemire. He’s been featured on the small screen in two popular live action television shows and made memorable appearances on several beloved animated series. His likeness has been preserved in action figures, clothing and collectibles.
This month, the Emerald Archer entered a new era with GREEN ARROW #17, which marked the debut of the acclaimed new creative team of Jeff Lemire and Andrea Sorrentino.
Deadshot. China White. Malcolm Merlyn. On their own, they’re dangerous and deadly. So what happens when all three converge in Starling City?
What do you call a month with two DC Collectibles Spoiler Alerts in it? We call it February.
A few weeks ago, we gave you a fast and furious Spoiler Alert that offered up an early look at one of our upcoming Injustice: Gods Among Us action figures, before we announced a full line-up at Toy Fair. This time, we’re giving you a look at…well…
Last month, JOE KUBERT PRESENTS #4 continued the gorgeous anthology-style six issue miniseries curated by the legendary Joe Kubert.


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Washington, D.C. — The National Association of Women Business Owners (NAWBO) is proud to support bipartisan efforts in the U.S. Senate to clarify that ordinary expenses funded by Paycheck Protection Program (PPP) loans are deductible by taxpayers. S. 3612, the Small Business Expense Protection Act of 2020, introduced by U.S. Senators John Cornyn (R-TX), Finance Committee Chairman Chuck Grassley (R-IA), Finance Committee Ranking Member Ron Wyden (D-OR), Small Business Committee Chairman Marco Rubio (R-FL), and Tom Carper (D-DE) would allow businesses to deduct expenses paid with a forgiven PPP loan from their taxes.
“NAWBO applauds the Senators’ efforts to help alleviate the uphill battle that all businesses are facing in the wake of the COVID-19 crisis,” said Chair of the NAWBO National Board Jeanette Armbrust. “Our business owners want to rebuild, and we need every bit of help we can get. We thank you for working across the aisle to find solutions that support an avenue for women business owners to restore their businesses to prosperity.”
NAWBO National supports common-sense, bipartisan solutions to helping improve the business environment for women business owners nationwide. To see the 2020 Advocacy Agenda for NAWBO National, click here.
Founded in 1975, NAWBO is the unified voice of America’s more than 10 million women-owned businesses representing the fastest-growing segment of the economy. NAWBO is the only dues-based organization representing the interests of all women entrepreneurs across all industries. NAWBO develops programs that help navigate women entrepreneurs through the various stages of their business growth.
To learn more, please visit www.nawbo.org.


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SEOUL -- Samsung Electronics Co.'s market value fell by nearly $9 billion on Thursday amid concerns about slowing growth at its mobile business.
Investors fear the world's largest maker of mobile phones will continue to report slower profit and sales growth in smartphones as competition intensifies and less-expensive devices push down prices. Mobile devices have driven profit at the South Korean company over the past two years, accounting for more than 50% of its operating profit. Samsung also makes semiconductors, television sets and home appliances.
Some of Samsung's smartphone competitors have started to reduce prices to gain market share. Google Inc.'s Motorola Mobility unit this week cut the price of its Moto X smartphone to $399 from $550, substantially below Samsung's Galaxy S4, which costs about $600 without a contract in the U.S.
Samsung's shares closed 4.6% lower Thursday at 1.31 million won ($1,241), knocking down its market value 9.3 trillion won ($8.8 billion), to 192.8 trillion won. The decline helped lead to a 2.2.% drop in the Kospi index.
It was Samsung's biggest one-day percentage drop in seven months and mirrored the sharp decline last June when investors began to lose confidence in Samsung's earnings growth. Samsung's shares fell 9.9% last year while the Kospi index rose 0.7%.
"Uncertainty surrounding the company's earnings results makes me cautious," said Im Jeong-jae, a fund manager at Shinhan BNP Paribas Asset Management, which manages $7.2 billion of Korean stocks.
Samsung declined to comment.
Analysts expect Samsung to report its fourth-quarter operating profit rose 9.2% from a year earlier to 9.65 trillion won on sales of 60.4 trillion won. That would be sharply lower than the 26% gain in the third quarter.
The company is scheduled to release its fourth-quarter forecast on Tuesday and its results at the end of the month.
Analysts expect Samsung's mobile division to post an operating profit of 6.2 trillion won -- up 14% from a year earlier but down 8% from the third quarter.
Mirae Asset Securities on Thursday lowered its estimate for Samsung's fourth-quarter operating profit by 6.2% to 9.3 trillion won.
"The proportion of less-premium smartphones appears to have increased within the portfolio, squeezing margins," said Doh Hyun-woo, an analyst at the brokerage. Unusually high bonus payments to Samsung employees and the recent strengthening of the Korean won, which makes Samsung's products less competitive overseas, also weighed on results, he said.
Analysts also are concerned about falling prices for TV sets, driven by low-cost rivals in China. Samsung has been trying to stand out in the market by introducing curved-screen TVs but their steep price has deterred consumers.
Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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Owen Paterson, the Environment Secretary, and the Food Standards Agency (FSA) said tests being held this weekend may well find more beef products contaminated with horse meat.
Officials at the FSA admitted that there have been no tests for horse meat content in British food for a decade, raising concerns that the scandal may have been hidden from the public for years.
Mr Paterson said retailers should remove products from shelves as soon there was any indication they might contain horse. Burgers and ready meals have already been withdrawn by Tesco, Findus and Aldi.
In a series of developments yesterday it emerged that:
• Twenty-eight local authorities have been instructed by the FSA to begin tests on a range of a limited number of beef products, including meat balls, burgers and lasagne ready meals;
• Mr Paterson said he believed there may be an “international criminal conspiracy”, while Scotland Yard met the FSA for talks but did not begin an investigation. Findus said it believed the contamination was “not accidental”;
• Horses in Romania — the source of the latest contamination — are “endemically” infected by a disease known as horse AIDS, although it does not pose a risk to humans;
• A French plant which handled horse meat sold in Britain as beef has previously been at the centre of a major E.coli discovery;
The latest developments came after Findus was forced to recall 18,000 packets of its frozen “beef” lasagne from supermarket shelves, and destroy another 200,000 held in storage, after it was discovered to be made up of between 60 and 100 per cent horse meat.
Aldi, the supermarket chain, also withdrew two of its ready meal lasagne and spaghetti ranges, which were found to contain between 30 and 100 per cent horse meat.
Mr Paterson ordered a summit in London yesterday with representatives of retailers and suppliers. After the summit, he issued the warning that more contamination was likely, saying there could be “bad results” from the tests now under way.
The 28 local authorities ordered to conduct tests have not been named but will be used as a sampling exercise to find the full scale of the contamination.
The tests will be the first in a decade. the FSA said it had previously only ordered tests on the basis of “intelligence” and none had been carried out since 2003, when Spanish-made salami was found to contain horse meat.
Mr Paterson said he feared the contamination was the result of crime and said: “This could be a question of gross incompetence but I’m now more concerned that there is actually an international criminal conspiracy here. This is a straight fraud. If a product says it’s beef and actually you are buying horse that is a fraud.”
He also said that retailers should products off the shelves as soon as there is a possible positive test for horse.
“Any retailer who becomes aware that a product has horse meat in it and withdraws it straight away will receive the full support of the Government,” he said.
Scotland Yard said it had met the FSA for discussions on possible criminal investigation but no inquiry had yet been launched.
However, one retailer warned that the complicated supply chains used by many suppliers made food safety hard to guarantee.
Dalton Philips, the chief executive of Morrisons, said that because the supermarket owned its own abbattoirs it could have absolute confidence in its products. “The truth is you have got to know your farmer.”
Fears over the safety of the horse meat are likely to be increased by the disclosure that Romania suffers from “endemic” infection of “equine anaemia”, or “horse AIDS”, which prompted a ban on live experts three years ago. Although it is not a danger to humans, experts said it could also suggest other health problems.
Meanwhile tests are taking place for the present of the horse painkiller bute, and Mr Patterson said that although no trace had yet been found, “we may discover that there may be other materials” in the horse meat.
Mr Paterson also suggested that retailers – rather than manufacturers - should ultimately take the responsibility for the content of the food they sell. The minister’s view may alarm corner shops and grocers who sell processed beef products, as they do not have the resources to test the content of food products.
Ministers have not ruled out actions against retailers in this country for failing to make adequate checks on their stock.
The horse meat crisis summit was held yesterday after Findus withdrew its meals last week. Yesterday it admitted that it first found traces of horse meat in its beef products on Tuesday 29 January.
However, it was not until Wednesday 6 January when Findus notified the FSA of the contamination, after it had carried out a range of tests including some DNA examinations of raw material at the factory where the meals were made in Luxembourg, which belongs to French food processor Comigel.
A spokesman for Findus said: “We are taking legal advice about the grounds for pursuing a case against our suppliers, regarding what we believe is their failure to meet contractual obligations about product integrity.
“The early results from Findus UK’s internal investigation strongly suggests that the horse meat contamination in beef lasagne was not accidental.”
It also emerged yesterday that Comigel last week told Findus that the contamination of its processed meat may stretch back to August last year.
However Findus said it was “not aware” of any issue of contamination with horse meat last year, adding: “We were only made aware of a possible August 2012 date through a letter dated 2 February 2013 from the supplier Comigel. By then we were already conducting a full supply chain traceability review and had pro-actively initiated DNA testing.”
Comigel, the French company which supplied meat to Findus and Aldi, has admitted that some of the horse in lasagne sold in Britain came from Romania, a country where equine infectious anaemia has become endemic.
Three years ago the European Union banned Romania from exporting horses with the disease and also banned live exports of all Romanian horses.
Romanian and Polish meat providers are supposed to comply with the same European-wide rules as British farmers, but it is up to authorities in individual members states to enforce these regulations. There is concern the Romanian authorities will have little resources or appetite to pursue suppliers responsible for contaminating British food.


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Qualcomm and Niantic announced a multi-year partnership aimed at bringing augmented reality devices to the public in the next few years. Details about the partnership have yet to be revealed — but it could bring games like Pokémon Go and Harry Potter: Wizards Unite to a much more immersive environment through augmented reality glasses.
The announcement came at the Snapdragon Summit alongside the launch of the new Qualcomm XR2 5G augmented reality platform, which is meant to power a new generation of augmented reality glasses that are less bulky and more powerful than ever before. Notably, Qualcomm suggests that the new chipset will allow for lightweight glasses that are tethered to a module that can fit in the user’s pocket.
Niantic’s products will likely incorporate the XR2 platform and will end up being a reference design that mixes hardware, software, and cloud computing. It’s unclear if the two will move beyond the reference design phase and launch a consumer product.
The XR2, in general, offers a number of features we haven’t seen before. Notably, it supports two 3K displays — or one for each eye — at up to 90 frames per second. Not only that, but the platform also supports 5G connectivity, which is a big part of how Qualcomm expects augmented reality to work. Thanks to 5G, augmented reality devices will be able to deliver content almost instantaneously while also allowing for AR video chatting, gaming, and more. Considering the rise of cloud gaming and cloud processing, augmented reality devices don’t necessarily need to be ultra-powerful; processing things in the cloud and streaming content straight to the glasses enables cheaper and more varied devices.
It is likely partners will adopt the Qualcomm XR2 platform over the next year or so, while the original XR1 chip remains on the market. According to Qualcomm, the XR2 will power next-generation experiences, while the XR1 targets current mainstream users.
It will be interesting to see exactly how Niantic and Qualcomm’s partnership ends up manifesting. Niantic has dabbled in hardware with accessories for its games, but it has yet to launch a major hardware product. Niantic makes sense as a partner — the company has been a major player in phone-based AR since it launched Pokémon Go.
- AR glasses will have a dedicated Qualcomm chip in 2023
- Qualcomm takes on the Apple M1 with new Snapdragon 8cx Gen 3 for PCs
- Galaxy Book Flex2: Samsung’s first 5G laptop has an 11th-gen Intel Processor
- Snapdragon 8cx Gen 2: Qualcomm’s second attempt at outmuscling Intel on PCs
- Qualcomm says 2020 is the year 5G will finally go mainstream


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This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Something incredible is happening on the Chinese mainland, the population has reached a tipping point where instead of being a burden, they are becoming super charged pistons of a bustling economy. In what is probably one of the biggest shopping sell out on planet Earth, Ali Baba recently reported sales up to $25 Billion in a single day. Now, its rival JD.com has come forward and claimed a close enough number: $19.1 Billion (unlike Ali Baba however, they started the event on Nov 1 and kept it open till Nov 11).
November 11 sales in China drive record breaking revenues for Ali Baba and JD, likely to become a major focus for other retailers in coming years
Ali Baba clocked in roughly a Billion dollars an hour in during the first golden hour showcasing not only the absolutely phenomenal economic power of this region, but of the company as well to handle this level of demand. It is even more interesting considering Ali Baba is a C2B2C company which basically acts as an intermediary, meaning this revenue was a byproduct of sales that the economic engine of China made itself.
Rival JD.com wasn't far behind either, reporting $19.1 Billion in sales over the course of 11 days. Singles’ Day an annual 24-hour buying frenzy that takes place in China on Nov. 11, has emerged as the world’s biggest shopping event. It exceeds the combined sales for Black Friday and Cyber Monday in the United States.
Some noteworthy differences include the fact that unlike Ali Baba which basically conducted the traditional 24 hour experience for single day sales, JD.com started the event on Nov 1 and kept it open till Nov 11 to allow users more time to make purchase decisions and to get over any delivery bottlenecks.
This is an understandable motivation considering they are nowhere near as well funded as Ali Baba, which is one of the world's largest companies. Fresh foods and cosmetics were some of the online retailer’s biggest movers, with JD selling 500,000 Thailand black tiger shrimp and 55 million facial masks over the period. The company also said it sold 500 million yuan in air conditioners over a 30-minute period, and 100 million yuan in televisions over a one-minute period.
It also showcases the incredibly opportunity that China represents for international retailers considering this event dwarfs the combine sales of Cyber Monday and Black Friday and JD.com has proven that it is very much possible for any sufficiently motivated company to go up against the fastest horse on the block: Ali Baba. I would not be surprised to see this event spark interest from American retailers and other companies that want to cash in on the golden goose that is the economy of China.


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By Chris Nicholls
SYDNEY: Australian PC manufacturer Optima ICL has announced a suspension from official quotation today, following its move to suspend trading in its shares last Friday.
In a release to the Australian Securities Exchange (ASX), Optima chairman and managing director, Cornel Ung, said the suspension was due to extra time taken finalising the company’s direction.
Optima ICL was expected to release that direction today, according to its previous statement to the ASX.
Ung said he now expected the company direction to be announced Friday morning before opening of trade.
Current.com.au was seeking comment from Ung at time of publication.


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KIRKWOOD, N.Y. — SunTegra, a startup manufacturer of solar roof tiles and shingles, recently announced that it’s moving manufacturing and administrative activities to the Binghamton area.
Previously located in Highland, New York, near Poughkeepsie, SunTegra was formerly known as Integrated Solar Technology. Founded in 2013 by current CEO Oliver Koehler, the company designs and manufactures solar shingles and tiles that replace traditional roofing materials, per the SunTegra website.
Koehler came into the venture with plenty of experience in the solar world, having held product-management positions with BP Solar, a manufacturer and installer of photovoltaic solar cells, and SunPower, a firm that specializes in solar-power generation and energy storage, he tells CNYBJ. “In that role I certainly saw the consumers wanted alternatives … but as the market matures, people want more choices,” he says of the inspiration for starting what was then known as Integrated Solar Technology. He says he renamed the business to SunTegra, originally the name of its product line, in 2017.
SunTegra “will use its new facility as a main office supporting administration, sales, R&D, and to ramp up production to meet increasing demand,” the firm said in a November 10 news release.
SunTegra’s new 10,000-square-foot facility is located at 27 Link Drive in the town of Kirkwood. Koehler says that about 6,000 square feet are dedicated to manufacturing with the balance split across office space and warehousing.
It has been a circuitous route for SunTegra to end up in the Southern Tier and with a focus on the Northeast. Koehler says that the company’s initial focus was on the California market and that manufacturing was done in China and then in Mexicali, Mexico.
“We’ve basically been jumping around solar tariffs pretty much from the start of the company,” Koehler says, adding that the Trump administration’s imposition of solar tariffs on Mexico in 2017 was the impetus for moving production first to the Poughkeepsie area, and then to the Binghamton region. Koehler says that the firm’s manufacturing today is split between the Southern Tier and a subcontractor’s facility in China. Production capacity at the Binghamton–area site is about 20,000 units per year, according to materials provided by Koehler.
SunTegra’s Kirkwood facility does not manufacture the solar laminate itself, but rather assembles the final product, ready to integrate with roofing materials. It’s there that SunTegra attaches what Koehler calls “our own special polymer composite framing systems” along with all the other requisite hardware. The company also provides materials for installation such as flashing, cables, and the solar inverter responsible for converting the solar-energy output into usable electricity.
“Binghamton offers access to great technical expertise, has talented labor and features a robust network of regional suppliers. We see Binghamton as a great platform from which to grow our business,” Koehler said in the company’s news release. He made the same points in an interview with CNYBJ and added that the company was able to find “the best facility for a reasonable price” in Binghamton rather than in the Mid-Hudson region.
Koehler and SunTegra cite the 2017 76West Clean Energy Competition as the venue where they first learned of the benefits of doing business in the Southern Tier. The competition is run by the New York State Energy Research and Development Authority, or NYSERDA, to promote innovative clean-energy companies in the Southern Tier. SunTegra finished second that year and was awarded $500,000.
The company’s ties to the Binghamton area also began in 2017 as SunTegra joined the Koffman Southern Tier Incubator, located at 120 Hawley St. in Binghamton.
“Bringing innovative companies to the Binghamton area is what the Koffman Southern Tier Incubator is all about. SunTegra’s patented solar roofing products offer consumers an alternative to bulky solar panels, compete head-to-head with Tesla’s solar roof products, and are the type of technology that will help clean energy to go mainstream,” Michael Jagielski, director of clean energy programs at the incubator, said in the release.
Jagielski’s invocation of Tesla likely stems from the high visibility of that company’s solar-roofing products, which have yet to be widely released and while praised for their design have been criticized by customers and tech media for production issues and high costs.
Koehler says that SunTegra products were designed to offer similar aesthetic benefits and a more practical installation process at a lower cost. “Our product is kind of a middle ground between standard rack-mounted solar and the high-end solution that Tesla is trying to push,” he says.
SunTegra moved into the new Kirkwood facility on Aug. 1, and Koehler says that recent pandemic-related macroeconomic conditions have cut both ways for the company. “On one hand, supply chain costs have gone up … but on the other hand we’re getting lots of leads, lots of interest from customers and increasing sales too,” he says.
Building upon that potential for growth, SunTegra plans to release a second-generation product — which Koehler says is due in 2022 or early 2023. The company plans to at least double the number of employees in Binghamton by the end of 2022, from five to 10 or more. Koehler adds that the biggest obstacle to the company’s growth going forward is “expanding our dealer network,” referring to the roofers and builders to which SunTegra primarily sells. The firm also sells directly to homeowners on a limited basis.
SunTegra is also currently competing in the U.S. Department of Energy’s American-Made Solar Prize competition. It’s a $3 million prize competition “designed to energize U.S. solar manufacturing through a series of contests and the development of a diverse and powerful support network that leverages national laboratories, energy incubators, and other resources across the country,” per a description on the contest’s website. Koehler tells CNYBJ that the company won $50,000 as part of round four of the American-Made Solar Prize competition and has made a submission for round five. He says if it wins, SunTegra will be collaborating with the Center of Excellence in Environmental and Energy Systems Innovations at Syracuse University.


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UPS has launched its popular chatbot on the Google Assistant, giving customers another convenient way to retrieve information on package deliveries and other UPS services via the Assistant on Android phones, iPhones, smart speakers like Google Home and other compatible devices.
The chatbot’s expansion to the Google Assistant also marks an important step for UPS as it makes new inroads into Artificial Intelligence (AI). The company, which aims to engage its customers and consumers through the online platforms they prefer, introduced the chatbot in 2016 through Facebook Messenger, Skype and Amazon Alexa.
“UPS is constantly building new ways to make it even easier to do business with us,” said Jerome Roberts, UPS vice president of global product innovation. “The AI-enabled UPS chatbot is available where our customers need it to be, and its functionality is getting better all the time.”


text: Honda motorcycle and scooter India Limited, one of the biggest two-wheeler market leader, is mulling over to launch an smallest version of the company most popular super motorcycle brand, Honda CBR. The new version will be known as Honda CBR 150R. According to some news reports, the new CBR 150R is expected to be launched by this festival season along with their elder sibling, Honda CBR 250R in the Indiana auto market. Honda has also introduces the CBR 150R in Thailand. After getting huge success in Thailand, the company looking forward to launch in India. However, HMSI has not yet announced the launch date and price of the new CBR 150R in the country. But it is speculated that the new Honda CBR 150 R might be powered with a 149.4cc, 4-stroke, Single cylinder, 4 valve, DOHC machine which can expect to awesome power output of 18.5Bhp at 10500 rpm and peak torque of 16 Nm at 8500rpm. The front look of CBR 150R seems like Honda VFR1200F. Honda CBR 150R equipped with features a 276 mm disc with Telescopic forks shock absorber at the front and 220 mm disc Mono shock suspension at the rear. The transmission system of the bike come with 6 speed along with Wet Multiple Disk clutch. It is believed to be priced around Rs. 1 lakh. The new bike might get tough competition with the same 150cc power engine like Hero Honda CBZ Xtreme, Honda CB Dazzler, Yamaha FZ and more. While, as per the price point will take on with Yamaha R15 and Hero Honda Karizma ZMR.


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Opera is launching a new product called ‘Hype’ with the pilot progam rolling out in Kenya. Hype is an integrated chat service built into Opera’s mobile web browser, Opera Mini. The chat service is launching first in Africa.
Opera notes Opera mini web users in Kenya can set up an account and start using the service immediately. The company is also partnering with local communication companies Safaricom and Airtel to boost the adoption of Hype by offering free daily browsing.
Chat service, Hype, the company notes, offers secure end-to-end encryption. It will also be the world’s first mobile web browser with an integrated chat service.
Product Lead for Hype, Charles Hamel, says Hype is developed with African consumers in mind.
“Today, 40% of the Kenyan population has access to smartphones, with younger generations becoming early adopters of technology. With such demographics, there is massive potential for the growth of Hype in Kenya.Charles Hamel, Product Lead for Hype
On top of that, we are also partnering with Safaricom and Airtel, the leading carriers in the country, offering free daily browsing to all Opera Mini users. We believe the combination of these factors will lead to the rapid adoption of Hype in the country.”
The chat service also comes with stickers desgined by Kenyan artists Brian Omolo and Lulu Kitololo.
Check out other stories making the news across Africa and Middle East region.
- You can now play Microsoft Flight Simulator on an Xbox console
- Ecobank Group partners with Microsoft to upskill SMEs in 33 countries in Africa
- TECNO Phantom X, premium model price and camera spotlight
- 2021 Microsoft Partner of the year Africa Award winners
- Digital SA Nation and Microsoft announce new digital space
- HP Pavilion Aero 13 Laptop PC, device specifications and price
- Dynamics 365 Business Central is now available in Africa and the Middle East
- Kuwait leaders to maximize the use of smart technologies in new Microsoft AI program
- Get Microsoft Office 365 for Free, here is how to
- Can Zuku 5 Mbps internet enable learning?


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NEW YORK (
) -- When Craigslist began to roll into metro areas in 2000, newspaper publishers responded with equal parts bewilderment and indignation: How could a Web site offer classified advertising without charging for its services? Within months, publishers reacted rationally enough, lowering their classified rates 20%, anxious to defend turf that accounted for 40% of revenue.
About a year into the Craigslist invasion, publishers made another seemingly rational decision: they raised subscription prices to compensate for the loss of classified advertising. Yet higher subscription had the adverse effect of accelerating the decline in total subscribers, further damaging the "multi-sided" market that newspapers had long enjoyed, matching buyers and sellers of everything from cars and furniture to real estate and household services.
In a new study that analyzes management reactions to Craigslist, a consummate "disruptive competitor," two professors analyze the actions of more than 1,000 U.S. newspapers from 2000 to 2007 to breakdown the response to an attack on a longstanding business model.
The research by Robert Seamans of New York University's Stern School of Business and Feng Zhu of the Harvard Business School paints a picture of companies that tried to stop a cascading leak by moving around buckets. While the relatively comfy world of newspaper publishing was all but destroyed, consumers enjoyed a windfall; savings of about $5 billion they otherwise would have handed newspapers.
"We were most surprised by how immediate and dramatic of an effect Craigslist's entry had on the classified ad side," Seamans said in a phone interview from Orlando earlier this week where he was attending a management conference. "It seems newspapers were pretty quick to realize the threat posed by Craigslist and responded by lowering classified ad rates."
But Craigslist disrupted more than just classified advertising.
As the three-year study shows, publishers' decision to raise subscription rates caused total circulation to tumble, a decline that only recently has showed signs of stabilizing. With fewer people receiving the newspaper hard copy, buyers of higher-priced display advertising began to clamor for lower rates, arguing that they were reaching fewer eyeballs. Which they were. So, they got those lower rates.
Typically, two years after Craigslist entered a metro area, newspapers were forced to lower display advertising rates, along with having already lowered classified ad rates. The drop in revenue only worsened.
Seamans explains that Craig Newmark's creation applied the
model before Google had become a verb. Google, of course, figured out that it could offer search services for free on one side of its market in order to create as large a pool of users as possible on the other side of the market to appeal to advertisers. Google then charged advertisers for the opportunity to appeal to that gigantic user base.
Craigslist did something similar. By not charging a fee, Craigslist's market platform became exponentially more attractive to both buyers and sellers. "Newspapers," Seamans said, "had historically underpriced on the subscription side because they more than made up for that on the advertising side."
But Craigslist forever knocked over the business model, leaving newspapers scrambling to make up for lost revenue. Eventually, they had to cut employees. Newsrooms shrank and many went out of business, as this
In retrospect, publishers' mistake was to try to compensate for lower classified advertising by raising subscription prices, and thereby sacrificing the size of their total user base. It's the main reason newspapers were largely hesitant to erect a paywall.
But was it all their fault? Could newspapers have done something different to withstand the disruption caused by Craigslist?
Rick Edmonds, a media business analyst at the Poynter Institute, argues that while new systems rarely emanate from within existing organizations, newspaper publishers tended to downplay Craigslist until it was too late.
"It gets overstated that newspapers should have done this, they should have done that,'" Edmonds said. "That's kind of unrealistic about how innovation and especially disruptive innovation happens -- it doesn't very often come from inside. On the other hand, particularly in that early period, newspaper executives at top corporate level and at the local level were a little bit in denial saying things will get better.''
Only now, with the advent of paywalls, are newspapers beginning to see at least a way toward growth, though that future remains uncertain. Seamans, for one, is an optimist.
''Newspapers have been pretty resilient in the past, and I think they will be in the future," he said. "Newspapers withstood radio and then television, and then local television newscasts, and now it's the Internet. It's premature to say that the death of industry is at hand."
Newspaper employees sure hope so.
Written by Leon Lazaroff in New York
>To contact the writer of this article, click here:


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After a dismal second quarter, the U.S. GDP roared back, according to the Commerce Department’s third-quarter 2020 GDP Advance Estimate report released on Thursday. From July to September, the GDP increased at an annual rate of 33.1 percent, thanks in part to a boom in residential investments.
“Homebuilding and renovation now represents nearly 3.5 percent of the total GDP,” First American Deputy Chief Economist Odeta Kushi explained in a Twitter thread on Thursday. “Rent, utilities, and the imputed value of shelter (imputed rent) of homeowners accounts for 12 percent of total GDP.”
Home building and renovation now represents nearly 3.5% of the total GDP. Rent, utilities and the imputed value of shelter (imputed rent) of homeowners accounts for 12% of total GDP. Together, housing is 15% of the economy. pic.twitter.com/5wroxnAwJa
— Odeta Kushi (@odetakushi) October 29, 2020
“Together, housing is 15 percent of the economy,” Kushi added. “Business investment increased 20.3 percent, but the housing component spiked 59.3 percent, putting residential investment at its highest level since Q3 2007.”
The coronavirus obliterated the nation’s annual total goods and services output during Q2 by 31.4 percent, as businesses shuttered and spending plummeted during the first months of the pandemic when the nation went into lockdown.
Health, food services, accommodations led the way in the services sector, while motor vehicles and parts, clothing, and footwear sparked the majority of growth on the goods side. However, the real estate and housing markets accounted for 15 percent of the GDP, due to a boost in building, home improvement and real estate sales as Americans began moving again during the summer.
“Economic growth rebounded strongly in the third quarter, with multiple segments of the economy – after a sharp plunge in the second quarter – showing strong growth,” Mortgage Bankers Association SVP and Chief Economist Mike Fratantoni explained in a written statement to Inman. “Expressed as an annual rate, consumer spending on durable goods was up more than 80 percent, business spending on equipment increased more than 70 percent, residential investment increased almost 60 percent, and both exports and imports of goods were up over 100 percent.”
“The data show a picture of an economy re-opening and restocking over the summer, Frantantoni added. “The third quarter growth is consistent with the gains we have seen in the job market.”
Although the Commerce Department’s GDP report is a silver lining amid a week of dismal economic news, financial analysts say the report is unlikely to boost the stock market and doesn’t signal a full rebound is coming anytime soon.
“We will have recovered about 2/3 of the GDP we lost in the recession,” Moody’s Analytics Chief Economist Mark Zandi told CNBC on Thursday. “I think most of that growth came at the end of the second quarter, coming into the third quarter.”
“May, June, July were very strong months. That’s when businesses were reopening,” Zandi added. “August was okay, September kind of went flat into October. I think the economy is moving very sideways.”
“You’re still in a deep hole,” added Grant Thornton Chief Economist Diane Swonk in the same CNBC report. “The hole in the labor market is deeper than GDP.”
Looking forward, economists are predicting another precipitous drop in the GDP during Q4 as coronavirus infection and death rates increase and the possibility of another lockdown lingers on the horizon.
“The sober realities of the economic situation will become more apparent,” Fitch Ratings Chief Economist Brian Coulton told CNN. “We are still a long way from normalization and the surge in the virus cases means social distancing and all its related economic implications are here to stay.”


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A new major market-place like Amazon ensures the dominant player in Australia, eBay, will be sure to keep up their seller support services.
(PRWEB) March 09, 2012
Offline retail is a tale of woe, but online retailing is going from strength-to-strength, with shopping online doubling in two years and Forrester’s tipping continuing growth (1). The news that Amazon is coming to Australia by setting up a data centre for its web services business (2) and actively assisting Australian retailers to sell on Amazon.com, good or bad news for online sellers?
The Professional eBay and eCommerce Sellers Alliance (PeSA) predicts that it is a little bit of both for Australian online retailers.
“Retail is really moving into a multi-channel phase, with more paths to market representing more opportunity for online sellers. A new major market-place like Amazon ensures the dominant player in Australia, eBay, will be sure to keep up their seller support services. All this is good news for online retailers and competition.” Says Shaun O’Brien, PeSA Australia President.
“The challenges is that major market-places bring more international sellers into the Australian market, most of which can sell at extremely competitive prices” Continues O’Brien. “Yet Quantium.com.au report that only 25% of online sales are offshore, keeping 75% here. That’s a massive opportunity for existing, and future, Australian online retailers.”
To ensure online retailers keep ahead of the game, PeSA run an annual Internet Conference event. 2012 will be the sixth year of the event, with an expected 600+ delegates.
There are over sixty content sessions, with keynote speakers from eBay, PayPal and Australia Post, plus leading online Australia entrepreneurs including:
- Ruslan Kogan – Founder and CEO of Kogan.com.au and Australia’s wealthiest entrepreneur under 30.
- Gabby Leibovich – Co-founder of Scoopon and Catch of the Day.
- Paul Greenberg – Co-founder of DealsDirect.com.au
The PeSA Internet Conference runs May 31-June 2 at the Gold Coast Convention Centre. Registrations for the 2.5 day event are only $495. A full exhibition accompanies the Internet Conference.
Full details at InternetConference.com.au
1. Source: Forrester.com Report December 2011
2. Source: Australian Financial Review, 21 January, 2012.
For further information, a media pass to the event, or to arrange an interview with Shaun O’Brien or Phil Leahy of PeSA, contact: Kimberly Palmer, Brazen Productions, + 61 403 937 347, kimberlyp(at)brazen(dot)com(dot)au


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In recent years, we’ve seen the prices of prescription drugs steadily rise. Price for an HIV drug, Daraprim, saw a 5,000% increase after the pharmaceutical company that manufactures it received rights to the drug. The life-saving EpiPen increased from about $100 to nearly $600 in less than 10 years. These quickly became the topic of discussion at the dinner table and the public is taking notice in the raising prices of prescription drugs, but it will take more than just public concern to make a change. There are many problems that are keeping prices the way they are besides corporate greed.
Many lawmakers believe they need to make a change, with Donald Trump as the frontrunner for change. He has promised to make constraints on pricing for pharmaceuticals which will make it harder to raise the prices to ridiculous amounts. But this won’t be an easy feat. Many government officials have already seen the opposition to bills which regulated pricing. In the recent election, California voted on a proposition that was easily turned down by a majority. Trump’s solution only moves the problem from one area to another.
It isn’t just cut and dry like most products which are just manufactured and then sold. Pharmaceutical drugs go through a very influential middle man when being sold to healthcare providers — pharmacy benefit providers (PBMs). PBMs try to find a reasonable price for their customers, but this usually racks the price up. The manufacturers are in competition with each other when they use PBMs to have the biggest rebate, meaning the price of the drug goes up and the manufacturers don’t gain as much money. Many manufacturers, such as chief executive of Mylan, Heather Bersch, say that the PBMs create a program that incentives raising the prices of the drugs for the manufacturers. PBMs deny this and put the blame on the manufacturers.
Another problem that attributes to the increase of prescription drugs is bringing in insurance. Many of us don’t even pay the price that the big companies decide to charge us. We pay a small portion of it and the rest is covered by our insurance company, who gets a big portion of their money from the government. The true price of a drug is never really known by one party and it makes it a little difficult to keep things straight.
Drugs like EpiPen or Daraprim are life-saving drugs. They are necessary to life and people will continue to buy them no matter the price. If people have to have something, the price can be as ridiculous as $600 and they will get it. The price of prescriptions is worth far more than the alternative. Pharmaceutical companies realize this and they raise the price to whatever they believe will be advantageous to themselves. Representative Elijah Cummings of Maryland said drug companies take a couple punches (from dips in pricing) and then continue to do what they have been doing and raising prices because, ultimately, nothing changes. These people still need their drugs to survive and they will come crawling back to buy them.
When the price of the EpiPen went up, many people decided to try to create a generic version of the drug, which is usually what happens when the price of something gets a little outrageous. This creates competition for the brand name product. When there is competition, one is always cheaper, but usually only within the range of a few dollars. So if one brand decides to raise their price, so does the other, making prices of these drugs continue to increase.
The war on drug prices will continue until someone can figure out a solution to the problem. Courses like ACLS recertification give you the information to save a life if something were to happen to someone without one of the lifesaving drugs and generic versions give you a cheaper version. But these alternatives only work for so long. Pharmaceutical companies are stuck in the mindset of continuing to do what they have been doing because they know nothing will change. Unless someone can figure out how to make these companies stand down, prices of prescription drugs will continue to rise.


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Apple released the first update for the Watch OS this week with the intention of introducing improvements to Siri and third-party apps and fixing security issues. However, Watch OS 1.0.1 has gravely affected the heart rate sensor for a number of users.
Watch owners took to the Internet to point out the problem, posting on MacRumors' message boards and Apple's support forums. According to posts, the heart rate monitor has been taking infrequent readings as opposed to the usual once-every-10-minutes schedule the watch used to follow as recorded by the iOS's Health app. Real-time tracking is enabled though during workout and exercise.
Sometimes an updated Watch would stick with its default; sometimes it would take an hour or so for the next heart rate reading. According to Apple's website, the default interval should still be every 10 minutes, as the update has not been particularly designed to tweak the frequency of heart rate readings.
Could the gaps in the intervals in heart rate readings be due to the Watch not being worn or the wearable being turned off? Users have clarified in the forum posts that the gaps they have experienced don't coincide with such.
Fortunately, the Watch still records heart rates in real time during workouts as it normally does and when Glance has been set up to manually check heart rates.
As the issue is fitness-related, it is likely that only users of the Apple Watch's fitness features will notice it. However, given that health and data form a big part of the wearable's marketing, it will be important for Apple to fix the issue at the soonest time possible.
Some users have said the problem may be due to a change Apple introduced in an effort to boost battery life by sacrificing the frequency of heart rate readings. Others countered that this can't be the case because for some users the heart rate readings don't update unless manually checked. Other users also reported inaccuracies in heart rate readings given usual stats from before.
Hard resetting the Watch, resetting it back to factory and re-installing the OS don't seem to help with the issue. Users can report this problem or others they might encounter due to the Watch OS 1.0.1 update by leaving Apple with a feedback.


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Guinness owner Diageo plans to raise $2.5bn through a bond offering, weeks after it was forced to scrap its share buyback scheme due to the coronavirus pandemic.
The drinks giant, which also owns Smirnoff vodka and Johnnie Walker whisky, said the bond offering consisted of $750m 1.375 per cent fixed rate notes due 2025, $1bn two per cent fixed rate notes due 2030 and $750m 2.125 per cent fixed rate notes due 2032.
Proceeds from the issuance will be used for “general corporate purposes”, Diageo said.
Earlier this month Diageo scrapped its financial guidance and suspended a three-year £4.5bn shareholder returns programme after pubs and bars across the world closed due to coronavirus lockdowns.
The company approved a scheme to return £4.5bn to shareholders over the three-year period to 30 June 2022.
Under the first phase of the programme, which ended on 31 January, Diageo had already returned £1.25bn via share buybacks. However, the company will not make any further payments in the rest of the financial year.
Diageo has seen a pick up in retail sales at supermarkets after bars and restaurants closed in March.
The company previously warned that the impact of coronavirus in the Asian market, where the coronavirus pandemic began, could result in a £200m hit to profit.


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According to data from the Secretariat of Foreign Trade, released by the Brazilian Beef Exporters Association (ABIEC), the volume of beef exported in October was 185,537 tonnes, a 15% rise on the same period last year. This represents the largest monthly volume ever shipped by the country and the highest revenue in a single month.
In terms of revenue, the month ended with revenues of $808.4m, 30% above the same month in 2018.
Compared to September, October’s sales figures show a 33% increase in revenues and 28% in volume shipped.
From January to October 2019, 1,463,922 tonnes of beef were exported, with revenues of $5.776bn, a 9.9% and 7.5% growth, respectively compared to the same period last year.
“The results show the consolidation of Brazilian beef in the main international markets,” said ABIEC president Antonio Jorge Camardelli.
One of the main drivers of this growthg is the increase in exports to China, which in October totalled 65,827 tonnes, almost 62% growth over the previous month. When looking at the types of products, fresh meat sales increased 29.4% compared to September, totalling 160,099 tonnes.
Chinese authorities have approved multiple Brazilian plants over the past month, showing strong relations between the two countries.
It wasn’t just beef that had a strong October – Brazilian pork exports also saw growth. Brazilian Association of Animal Protein (ABPA) statistics found that Brazilian pork exports (both in natura and processed) reached revenues of $149.6m in October. The number is the largest monthly balance recorded in the last 24 months and is a 38.4% year-on-year increase.
During the month, 68,100 tonnes were shipped, 8% more than in the same period of 2018 (63,000 tonnes).
In the year-to-date (January to October), pork exports increased 23% reaching sales of $1.23bn - against $1bn in the same period of 2018.
592,300 tonnes were exported in the first 10 months of the year, 11.66% higher than in the same period of the previous year, with 530,500 tonnes
“Sales to Asia continue to boost pork exports, with October shipments increasing 81% to China and 19% to Hong Kong,” said ABPA president Francisco Turra.
On the poultry side, it wasn’t quite as positive. Revenue from chicken meat exports (both fresh and processed) totalled $5.7bn between January and October - 4.3% higher than in the previous year.
In October alone, export revenues totalled $536.5m, 7.1% lower than in the same period of 2018, with US $ 577.8 million. 334,000 tonnes were exported, 8.8% less than the 366,100 tonnes shipped in the same month last year.
“Chicken meat sales were better qualified in October this year, recording an average price 1.8% higher than the previous year. At the same time, Asia's health situation continues to have effects on exports, with 39% increase in exports to China,” added ABPA's executive director Ricardo Santin.


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NORWOOD PARK — A yard sale and silent auction will raise money for the Norwood Park Historical Society.
The "giant" yard sale will take place from 8 a.m. to 4 p.m. June 20 at the Noble-Seymour-Crippen House, 5624 N. Newark Ave., organizers said.
Admission to the event, which will take place rain or shine, is $2.
Items for sale will include household goods, antiques, jewelry, collectibles, furniture, toys, books, pictures, kitchen items, garden items, bikes, tools and outdoor items, organizers said.
A bedroom set, designer purses, pearls set in gold and antiques are set to be auctioned off, organizers said.
Food will also be available for purchase.
The historical society maintains the Noble-Seymour-Crippen House, the oldest house in Chicago.
For more information, call 773-631-4633 or email firstname.lastname@example.org.
For more neighborhood news, listen to DNAinfo Radio here:


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The bustling holiday crowds in Times Square and interstate travelers in the North Georgia Conference (and many in between) will see an invitation from The United Methodist Church in the weeks leading up to Christmas: Join us this Christmas, as we connect with a song in our hearts. Generosity of spirit. And with faith, hope, and joy.
This is part of the “Connect with Joy” Advent campaign across the U.S.
Placed by United Methodist Communications, there are 11 Advent invitation billboards in North Georgia (8 in English, 3 in Spanish). They're found on I-75, I-85, I-285, I-20, Jimmy Carter Blvd., and Peachtree Industrial Blvd. The billboards complement social and digital media advertising, including, for the first time, TikTok.
Times Square is the centerpiece of the campaign. New York City is a top travel destination in December, and Times Square is among the most visited attractions. Times Square is called the Crossroads of the World for good reason. Nearly 360,000 pedestrians pass through every day in a typical year. The area is so brightly illuminated that it can even be seen from the International Space Station.
From November 28 through Christmas Eve, United Methodist Communications will be airing messages on a mosaic of nine high-impact synchronized digital screens – over 8,800 square feet of signage – just outside Manhattan’s busiest subway station. Complementing the jumbo animated ads at Times Square and 42nd Street will be an additional 74 subway digital boards.
The “Connect with Joy” campaign reminds all that the hope, love, and joy we celebrate at Christmas is already present in the world – and we can connect to it right now, together.
It’s been almost two decades since The United Methodist Church’s ads were first featured in Times Square in November 2003 – but not without controversy. Reuters initially rejected the advertising on its 28-floor, 7,000 square-foot electronic billboard after United Methodist Communications signed a $30,000 contract with its outdoor advertising agency, citing a policy against religious advertising.
Appeals from United Methodist Communications and the National Council of Churches expressed concern that religious organizations should have the same rights to speak in the marketplace as companies selling commercial products. In the wake of the publicity that followed, Reuters’ chief executive reversed the decision in a letter in which he said the company had reconsidered its position and apologized. Thus the story had a happy ending. In an even bigger campaign two years later, United Methodist ads were in full view when the Macy’s Thanksgiving Day parade rolled by Times Square.
“While the Times Square messaging remains a major component of this year’s Advent welcoming campaign, there’s much more,” said Dan Krause, chief executive of United Methodist Communications. “English and Spanish-language billboards in 13 U.S. cities depicting a Nativity scene will reach motorists traveling the nation’s highways. And we hope to reach a younger audience with the new spot for TikTok and Snapchat, as well as other social and digital media advertising.”


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At the San Francisco International Airport, Intel and T-Mobile unveil the latest Wi-Fi 'hot spot' for travelers, part of a nationwide effort to offer wireless connectivity at airports, hotels and cafes.
By ZDNet Staff
| March 6, 2003 -- 01:27 GMT (17:27 PST)
| Topic: Networking
Telstra lays out roadmap for programmable network
NBN launches Tech Lab to collect data and resolve connection issues
Labor criticises NBN rollout as ramping up too quickly without considering consumers
Telstra spending 'a lot of time on 5G': Penn
I understand I will receive a complimentary subscription to TechRepublic's News and Special Offers newsletter, and the Daily Digest newsletter (you can opt out at any time).


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Wang Jianzhou: China Mobile 3G development should lock in IOT
news on May 28 recently, Wang Jianzhou, President of China Mobile Group, said in an interview that adding various "vitamins" to metal materials by CCTV is an effective way to enhance metal fatigue resistance when adjusting passive needle compression screws that the financial crisis has had an obvious impact on China Mobile, "our international business volume has decreased, and the income of international business has decreased by 20%."
Wang Jianzhou, President of China Mobile
Wang Jianzhou believes that the number of users alone is not enough to maintain the momentum of China Mobile's rapid growth. Wang Jianzhou said that a user of China Mobile about five years ago had a monthly call duration of more than 200 minutes. Two years ago, it became 500 minutes, from 200 minutes to 500 minutes. After several years, but after 500 minutes, even if your price drops, it is difficult to increase the number of calls, because 500 minutes per person is not a small number
in addition, China Mobile has built 1500 super base stations nationwide, which can continue to work in harsh environments
for China Mobile, which is pushing the application of IOT, Wang Jianzhou believes that the next step in 3G business opportunities is to lock IOT. With IOT, mobile business can not only realize the communication between people, but also realize the communication between people and goods. "We dream that one day when people go out, they can take nothing, their wallets, keys and money. They don't have to take anything anyway. As long as you have a problem, you can solve it."
for the investment in TD-SCDMA, Wang Jianzhou said that from 2008 to 2009, China Mobile invested 80billion yuan in 3G, "We worked closely with Philips technology on this amazing new product, which directly and indirectly promoted employment and increased 100000 people. "Since TD-SCDMA started relatively late, we are in the process of constantly catching up in order to show the ability of this technology that this joint venture is constantly improving. The current 3G technology needs further evolution. In this evolution, because we are involved in TD, we have the initiative in the next generation of new mobile communication technology."
vigorously crack down on pornography
Wang Jianzhou denied the view that whether China Mobile indulged cooperative enterprises in pornography for some benefit. "Every year, China Mobile spends more investment on the treatment of bad information than the income brought by the transmission of these bad information."
"last year, we invested 100million yuan just for the dial test system, and quickly established a new set of automatic dial test means, which should be said to be greatly strengthened." Communication world


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|2025 Supra GRMN
The 2025 Toyota Supra GRMN is coming with a powerful plug-in hybrid engine! As far as we know, Toyota is coming out with a new car in 2025, but they haven’t made any official allowance yet. Today, we will discuss the Toyota Supra GRMN. We hear different types of buzz about this car. So, we will discuss all variants on this page. But we can say that Toyota is a famous car company worldwide.
Every year, they make new cars and make the whole world excited. Additionally, they make electric, non-electric, and fuel-type cars for customers every year. Dear Viewers, We have already learned that Toyota is bringing a new car in 2025, the Supra GRMN, with an attractive model and excellent performance. But this car is expected to provide much better comfort than the BMW M3 and M4.
As far as we know, we are hopeful that Toyota will make a new “Supra” variant of the new model. Our spy photographer recently captured the partially camouflaged prototype racing around Germany’s legendary Nürburgring Nordschleife. We suspect it’s the New 2025 Toyota Supra GRMN.
What is GRMN Toyota?
Although most customers are familiar with the Toyota GR segment, not everyone has heard of the GRMN. And in today’s context, Toyota GR is a very high-performance category. Along with the GR segment, Toyota is bringing the MN in 2025 to give its customers something new.
Many of us don’t know about Toyota’s MN, why this name is given, and after whom this name was given. Let’s find out today. The short meaning of MN is “Gazu Racing Tuned by Mr. Nürburgring.” The latter is a nickname for the late Toyota chief test driver, Hiromu Naruse.
2025 Toyota Supra GRMN Hardware
From what we know and can see from the pictures, the Supra looks to be coming to the market with a slightly different future than other cars. As for what the car will look like from the front end, we can say there are beaks and canards. Behind, there is a prominent hind wing. A cursory glance shows that it resembles the 2024 Supra 45th Anniversary Edition spoiler. However, a closer look reveals that one of the prototypes has light mounting brackets and different tips.
After seeing these, we can say that the Nurburgring of the car is not a run-of-the-mill Supra. That’s upgraded brakes and what appears to be a lower ride height. The GRMN variant will likely have a revised suspension that is lower and stiffer to help improve the coupe’s already sharp handling.
2025 Toyota GRMN Supra Engine
Here are some thoughts on what the 2025 Toyota Supra GRMN engine will look like and what it will bring to the customers. As far as we know, the engine is the core of every car or every company. The more the engine capacity, the more famous the vehicle is. So, when we talk about the engine, there are many things. Let us give you some information in a short form: Toyota Supra 2025 Engine.
We know that the category that this engine is going to be in is the BMW engine. It will likely be pulled from one of the Bavarian automaker’s M cars, probably the 473-hp twin-turbocharged 3.0-litre straight-six that inspires the BMW M3 and BMW M4.
2025 Toyota Supra GRMN Price
Many people are confused about how much the 2025 Toyota Supra GRMN will cost and how much it will cost compared to other cars. Since this car is sophisticated, it will cost more than other vehicles. Although the Toyota company has not yet given any idea about the exact price of the car, we have not been able to provide precise information on this page. But from what we know and have seen, the car is unofficially priced at what it will be $80,812 at current exchange rates in Japan.
|2025 Toyota Supra GRMN Price USA
|2025 Toyota Supra GRMN Price UK
|2025 Toyota Supra GRMN Price Canada
2025 Toyota GRMN Supra Release Date
After learning all about this new Toyota model car, many customers wonder when the car will come to the market. How can they buy the car, and how long will they have to wait until the new model is available to customers, though Toyota has not made any official announcement yet? But as per our information, we expect the car to arrive in early 2025, so we will have to wait and see.


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Xiaomi recently launched the Xiaomi 11i 5G smartphone in the country. Now, the Chinese tech giant is all set to debut the Xiaomi 11T Pro 5G in India. Xiaomi has recently confirmed the launch date of the upcoming flagship device. Now, a dedicated website for the Xiaomi 11T Pro 5G has gone official on Amazon India which also confirms the availability on the e-commerce site. Besides, the device is also listed on the company’s official site, revealing its key specs.
Xiaomi 11T Pro 5G Launch Details
Xiaomi is launching the Xiaomi 11T Pro 5G on Jan 19 in India. The event is expected to be live-streamed via the company’s official site and other social media handles. It will go on sale via Amazon, Xiaomi India store, and offline channels across the country.
Xiaomi 11T Pro 5G Features We Know So Far
The Xiaomi 11T Pro 5G is confirmed to feature a 120Hz True 10-bit AMOLED display with 1.07 billion colors. The device will be powered by the Snapdragon 888 chipset. Apart from this, nothing has been revealed yet. However, we have detailed features of the upcoming Xiaomi 11T Pro 5G as it is already selling in the international market.
To recall, the Xiaomi 11T Pro was originally launched back in September last year alongside the standard Xiaomi 11T. The phone has a 6.67-inch flat display with a 120Hz refresh rate and the Corning Gorilla Glass Victus. The Qualcomm Snapdragon 888 SoC is paired with up to 12GB of RAM and up to 256GB of onboard storage.
On the software front, the handset runs MIUI 12.5 based Android 11 OS and it packs a 5,000 mAh battery unit with 120W Xiaomi HyperCharge fast charging tech which is claimed to take just 17 minutes to fully charge. For imaging, it has a triple rear camera setup comprising a 108MP primary sensor, an 8MP ultra-wide lens, and a telemacro shooter. The device also comes with up to 8K video recording and HDR10+ support. For selfies and videos, there is a 16MP front-facing camera sensor.
The phone also comes with dual stereo speakers tuned by Harman Kardon, an Audio Zoom feature, and a side-mounted fingerprint sensor for security. For connectivity, it includes 5G, Wi-Fi 6, Bluetooth v5.2, GPS/ A-GPS, NFC, IR blaster, and a USB Type-C port. Lastly, the Xiaomi 11T Pro 5G measures 164.1 x 76.9 x 8.8mm in dimension and weighs 204 grams.
Xiaomi 11T Pro 5G Expected Price In India
The Xiaomi 11T Pro was announced in Europe starting at EUR 649 (around Rs. 56,200) for the base 8GB RAM + 128GB storage model. Considering this, we expect the handset will come at around or under Rs. 50,000. However, we’ll have to wait for the official confirmation.
Further, the phone is believed to compete with the upcoming OnePlus 9RT which is launching on Jan 14 in India. It will also be powered by the Snapdragon 888 chip; however, the 120W charging will be the best-selling point for the Xiaomi 11T Pro 5G.
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A division of Paul Capital Partners will acquire from pharmaceutical company Aventis the US royalty rights to the drug Estorra as Aventis completes its merger with Sanofi-Synthelabo.
The deal will result in ‘fixed and milestone’ payments of up to $115 million (€94 million) to Aventis following the US launch of Estorra, which is an insomnia drug currently under review by the US Food and Drug Administration.
The Estorra royalties are being purchased by Paul Royalty Fund II, a $650 million vehicle dedicated to acquiring medical and drug royalties. The royalties team is led by two doctors, Walter Famenbaum and Gregory Brown, as well as leveraged finance specialist Lionel Leventhal.
According to a press release, the US market for prescription sleeping products was $1.8 billion in 2003. Insomnia affects more than 50 million Americans.
Last month the US Federal Trade Commission said it would allow Sanofi to buy Aventis for $64 billion provided the companies divest certain assets.
Drug royalty investing has caught on with investors recently as a market where proprietary transactions as purchasers scour corporations, laboratories and entrepreneurs for underappreciated royalty rights.
Former Hicks Muse Tate & Furst founder Charles Tate is currently seeking $300 million for a royalties investment vehicle.


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The 2021 Omnichannel Leadership ReportPosted: November 16, 2020
Omnichannel has never been more essential than it is right now.
The majority of 2020 has been about striking a balance between safety and sales. COVID-19 accelerated omnichannel, yet the struggle to blend digital and physical retail persists. Some retail brands became paralyzed, others successfully evolved and even thrived.
Download the Omnichannel Leadership Report for a critical assessment of nearly 200 luxury, premium, and lifestyle brands’ omnichannel competence in 14 core capabilities.


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Last week we warned Splatoon players to be on the look out for Splatoon hackers, or characters that have used a data-mine hack in order to change their playable character from an Inkling to an Octoling. Because the game isn’t designed to support playable Octoling characters, it can cause some issues in multi-player games, including locking people out of their save file until Splatfest resets Inkopolis.
While the issue seems to be pretty low key for many, the Splatoon community has noted that Nintendo seems to have banned those who were using the exploit at the system level, meaning they’ll be able to play the game online at all.
Right now this is just a rumor without confirmation, but Nintendo has always taken players who disrupt gameplay very seriously.
- Check out these awesome themed Nintendo Switc
- Nintendo: Switch is a new platform, not a suc
- WiiUDaily's Big Switch
- Rumored Nintendo Switch specs reveal a pretty


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Nursing moms upset with breastfeeding preferences at Target stores staged a "nurse-in" Wednesday at locations in Chicago and across the country.
Local moms say the demonstration is meant to raise awareness about controversies over nursing in public. This latest outcry, they say, stems from a recent incident in Texas.
Michelle Hickman, a Houston mother of four, apparently was nursing in a remote area of a Target store when staffers told her to move into a fitting room. There were so many employees confronting her, she said, that it was time to speak up.
"Basically I got harassed by a whole handful of women Target employees," she said.
Hickman complained to the corporate headquarters, and Target sided with her. Representatives said it has always been the store's policy to make women feel comfortable when breastfeeding.
"We kind of just refreshed our team members on our policy to make sure that any guests that come into the store aren't uncomfortable at all," said Chicago Target spokeswoman Ashley Krehoff.
So far more than 5,800 people joined a national Facebook group in support of the movement, and Hickman says about 150 stores in the U.S. participated in Wednesday's peaceful protest.
In Chicago, about a dozen moms met at the Target at 2656 N. Elston and began breastfeeding at 10 a.m. inside the Target Starbucks, with support from the store.
"If you've you ever heard a baby cry when their hungry, it's really unpleasant," said Cora Shaw, a Chicago mom. "And it's really unfair to them. He knows I've got food all the time and he wants it, so to hear him screaming and wanting food and me not giving it to him, he doesn't understand that."
The "nurse-in" lasted about a half hour.