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Increasingly, only a few large players, in one industry after another, are dominating our economy. This consolidation of power into a few hands has been exacerbating income inequality in subtle ways. The New York Times recently pointed to this trend as a factor in what is an unprecedented, historic shift. Here’s what’s happened.
In historically unprecedented ways, workers as a whole are taking home a smaller and smaller share of the country’s total economic output. Until only recently, the share of wealth that went to workers remained constant. It was thought to be a hard and fast law of economics. Down through history, workers were paid around two-thirds of the total wealth produced by any given nation from year to year. John Maynard Keynes found this remarkable, calling it “one of the most surprising facts in the whole range of economic statistics.”
Not anymore, the Times reports: “Labor’s portion has not risen above 59 percent since before the recession.”
Many factors are at work including a reliance on outsourcing work to foreign workers and the decline of labor unions. Yet the biggest culprit is the rise of technology as a substitute for human effort. The Internet and other technological innovations are eliminating the need for much human labor. As a result, over the past 15 years, productivity has grown faster than wages. The outcome? Workers aren’t being paid enough to make our economy thrive. Without their spending, the economy grows sluggishly or standards of living remain frozen in place. Wealth keeps rising to the top without trickling down in the form of wages or investment in new, innovative enterprises. It’s concentrated into fewer and fewer hands—and companies.
This isn’t entirely bad. A common, familiar example of this consolidation into superstar players is Wal-Mart and Costco replacing countless mom-and-pop businesses. This is good news for consumers. It makes shopping more convenient, it brings a greater range of choices to a buyer, and it drives prices relentlessly down. But at the same time, it puts numerous people out of work, and suppresses wages across the board—as profits are generated by fewer and fewer wage earners. The The New York Times reports:
The researchers examined six industries that account for 80 percent of private employment in the United States. In each one, they discovered “a remarkably consistent upward trend in concentration.” In manufacturing, for instance, the top four companies controlled 43 percent of sales in 2012, up from 38 percent in 1982. What’s different about new superstar firms is they don’t have the cadre of middle-class jobs for non-elite workers . . . the trend is going on in country after country.
The philosophy of shareholder primacy is driving all of this—the notion that a company’s primary mission is to create as much profit, as quickly as possible, for its shareholders. It’s a philosophy that has helped lead us to the enormous chasm of wealth inequality we face now.
The private sector needs to rethink the central role of technology and focus on it to essentially change what we mean by productivity. Increasingly that term has come to signify profit: getting more return from less investment. Technology gives us the economies of scale, ways to eliminate redundancies and replace human labor with lower cost machines—but it’s also how we have created entirely new industries as well. We need to shift the way in which we use technology—not to eliminate jobs, but also to create them. In one industry after another, technological advances have generated thousands of new jobs. It can continue to do that, if the private sector—CEOs, boards, and shareholders—prioritize it.
Our middle class is dying, along with the creative capitalism that drove America to become the most abundant and powerful nation on the planet only half a century ago. To regain our creative vitality, companies need to realize that human workers are the source of customer-centric innovation and adaptation. They must be compensated fairly, in ways that honor their central role as value creators. That means a wage that enables employees to share amply in productivity increases and creative innovations. Second, businesses must invest aggressively in their own operations, directing profit into productivity and innovation to boost real business performance. But often these innovations beget new industries, new businesses and new jobs.
If the private sector can turn this corner, we can narrow wealth inequality and foster a boom that isn’t isolated to Wall Street, but feeds out into every community and revives our middle class well into the future.
Peter Georgescu is the author of Capitalists Arise.


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Small Business Comeback Tour: Green Life Market
By Joe Connolly and Neil A. Carousso
NEW JERSEY (WCBS 880) — It’s a family affair.
Green Life Market is a growing family-owned health and wellness business with deli products, groceries, beauty products, pet food and more.
“We really strive to be a one-stop-shop for truly healthy living where we don’t compromise on ingredients to make sure that what we’re putting on our shelves, we would use ourselves or feed our children,” said owner Ramez Yassin on the WCBS Small Business Comeback Tour, sponsored by PSE&G.
Green Life Market only carries organic, non-GMO food products.
“Our kitchen makes everything from scratch using products from our store,” said Yassin of its deli and juice bar.
Green Life Market also has its own line of vitamins and supplements sold in each of its three locations across New Jersey, including Butler, Andover and Wayne, which opened its doors in February.
The business started when Yassin’s father took over the lease in Butler with his children in mind.
“Me and my brother were into working out and we thought we knew everything,” he said. “When we opened the store, we stepped in and we realized we weren’t very knowledgeable in the health food industry. We just knew how to workout and eat protein.”
Yassin told WCBS 880 he learned the most from Green Life Market’s vendors who taught them about their products. Now, Yassin and his relatives are the ones educating their employees so they can teach customers about nutrition and leading a healthy lifestyle.
“We can train our staff all we want, but if we don’t educate our customers on why they’re shopping this way, they may come in and out here and there. But, the more we educate them, the more they’re knowledgeable to make the decisions on their own,” said Yassin.
See Green Life Market’s comeback story on the video above.

domain: news


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Apple’s iWatch -the wearable gadget you won’t be seeing so soon, says John Paczkowski at Re/code. He has confirmed that it will be officially announced on September 9, and further said that it might not arrive until early 2015.
This might be true because Mr. Paczkowski have been there in all the apple’s announcement so like he said we won’t be able to see Apple’s iWatch until 2015. The reason is not clear till now why they are taking time but hope to make it soon.
Before also Apple announced their iPhone and later launched it in the market for selling after six months and then they did somewhat same with iPad they announced it previously and launched it after some weeks to come in market. While we Believe Apply is doing same with iWatch so their demand and market can grow before their launch.
Apple is trying to get public’s more and more attention to its new product “iWatch” and so its demand and its market can grow up and they can get maximum benefit on its initial launch.
However, lets hope for the best. And lets wait to come soon for the new Apple Product “iWatch”.


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More than 400 police departments across the country have partnered with Ring, tech giant Amazon’s “smart” doorbell program, to create a troubling new video surveillance system. Ring films and records any interaction or movement happening at the user’s front door, and alerts users’ phones. These partnerships expand the web of government surveillance of public places, degrade the public’s trust in civic institutions, purposely breed paranoia, and deny citizens the transparency necessary to ensure accountability and create regulations.
You can read more about EFF’s thoughts on how this technology threatens privacy, encourages racial profiling, and stifles freedom here.
Amazon is aggressively pursuing these worrisome partnerships with police throughout the country. Yet it should be communities themselves, and not spy tech vendors, who ultimately decide whether their police may use new systems of surveillance of public places.
Reporting in CNET reveals that Amazon persistently reached out to the Chula Vista, California, police department and engaged in a multi-month campaign to convince the city of more than 270,000 to implement the partnership.
In an email to the Chula Vista Police Department, a Ring outreach coordinator played on fears of rising property crime in the town as a way to pitch the potential partnership. They wrote, “I recently came across this news clip of an uptick in home break-ins in Chula Vista… As an extension of Ring’s Neighborhoods initiative, I’m reaching out to share an offer to all public safety agencies that actively participate in either crime prevention or community policing.” When the police department did not respond, the Ring representative followed up to offer discounts and even a donation of a free video doorbell.
What emerges is a partnership that allows police access to a widespread surveillance network, and coaching from Amazon on how to gain access to that footage and how to talk to the public. In return, Amazon gets a big boost in its efforts to sell millions of cameras.
Here are five specific concerns about Ring’s spreading partnership with law enforcement:
1. City money is subsidizing the cost of Amazon products
Reporters have shown that municipalities are paying Amazon up to $100,000 to reduce costs of Ring cameras by $50 or $100 for city residents. In addition, cities are promoting Ring at city events, which helps Amazon sell more cameras and ultimately make more profit.
The Monitoring Association, an international trade organization for surveillance equipment, is concerned about Ring’s police partnerships. The organization's President, Ivan Spector, told CNET, “We are troubled by recent reports of agreements that are said to drive product-specific promotion, without alerting consumers about these marketing relationships... This lack of transparency goes against our standards as an industry, diminishes public trust, and takes advantage of these public servants.”
2. There is insufficient transparency about the partnerships
There’s a reason why Amazon was able to build up hundreds of police partnerships before journalists and civil liberties advocates were able to identify the widespread implications of such relationships. Reporting reveals that statements put out by local governments were written by, or approved, by Ring. This means that a large multi-national corporation whose objective is to maximize profits dictates what your local police department can and cannot say about the efficacy or necessity of Ring.
For example, Ring dictated almost the entirety of a press release from the Bloomfield, New Jersey, police department—and then, the company still required the town to make several corrections to unsanctioned additions.
It took reporting from multiple news outlets for the public to learn about the extent of these partnerships, which have rapidly spread without sufficient community input and local government control. The decision whether to plug the police department into thousands of new surveillance cameras should be made through an open, democratic process, and not just by corporate sales staff and police executives.
3. Police sell Ring products
The Ring-police partnerships turns what should be our most trusted civil servants into salespeople. As part of the partnerships, both via town-wide discounts and as part of Ring’s approved police talking points, local law enforcement are expected to promote the adoption of Ring and its accompanying app, Neighbors.
This raises the very serious question: do police think you need a camera on your front door because your property is in danger, or are they encouraged by Amazon to try to make a sale?
This arrangement will deepen the public’s distrust of police officers, and threatens to make citizens wary of any public safety advice coming from police. How would people know if safety tips are motivated by an attempt to sow fear, and by extension, sell cameras and build an accessible surveillance network?
4. Amazon’s communication experts coach police on how to get your footage
Ring seems to have anticipated public concerns about a large network of cameras, promoted by police, whose footage is stored by a large corporation.
Ring provides police departments with incredibly detailed talking points and response guides for questions the public may have about Ring, their privacy, and the nature of the police-Ring partnerships. Some of the questions Ring anticipated are, “What is the partnership benefit?”, “Is law enforcement able to access user data or camera through Neighbors?”, and “Why is law enforcements participation on the app useful?”
Perhaps most troubling, Amazon coaches police on how to best talk residents into handing over their footage so police don’t have to get a warrant. One method cited is increasing a department’s participation on social media and its community outreach. These are things that have supposedly helped police in other cities raise their “opt in rate.”
5. Police have your Ring camera on their map
Police and Amazon know where Ring cameras are in a town through the “Neighbors portal” map interface. This facilitates police requests for footage from a particular camera. Amazon has also reportedly created maps based on addresses given during purchase at events where Amazon sold Ring at a discount. As part of the agreement for discount events in one community, Amazon promised to “provide the City with an address report for the products purchased in order to help the Arcadia Police Department track the location of Ring Video Doorbells and other Ring security camera equipment, and assess the level of community interest.”
As more reporting continues to come out about the privacy hazards of Ring and its police partnerships, more communities will likely step up to demand community control over whether police so dramatically expand their access to video transparency. In the meantime, it's important for residents to think twice about any technologies that facilitate the proliferation of police surveillance on the streets where we protest, canvas for political candidates, and move freely every day.


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A third of Finns believe the importance of Internet access has increased in the last year, brought about by the coronavirus lockdowns.
A survey commissioned by the telco Telia found more than half of Finns had either purchased or were considering 5G connectivity. Changes in TV viewing habits had also increased the demand for faster internet.
As many as 53% of respondents bought at least one new paid streaming service during the year.
“The lockdown has changed the importance of internet connectivity. People wanted to upgrade their home connections with better connections due to changes in teleworking, school and TV viewing habits, but the survey shows that internet connections for leisure are here to stay. The growth in the use of streaming services and also, for example, 4K broadcasting have placed new demands on connections,” says Keijo Kantojärvi, senior analyst at Telia.
2.4 million Finns are currently covered by Telia’s domestic network. Kantojärvi says capacity is sufficient for both remote working and entertainment.
Two in three respondents said they watch paid streaming services, and as many as 53% bought at least one new paid streaming service during the year. Netflix held the number one spot. Among domestic streaming services, C More was the most popular with domestic productions increasingly popular.
“For Telia, the interest in domestic drama is clearly reflected in the growing number of subscribers to C More, which invests in it. In addition to the strong sports programming, a record number of domestic original series or their new seasons, as many as 12, will be released on our service this year. Content is also increasingly being purchased online. The number of customers who have bought a Telia subscription and the C More service together has tripled in a year,” says Olli-Pekka Takanen, Telia’s Head of TV Business.
Finns have embraced the concept of multi-tasking in their TV viewing habits; only one fifth said they concentrate on watching TV alone. Instead, Finns revealed that they surf on their mobile phones, eat and surf the net at the same time as watching TV. 10% said they were working or exercising.


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It is rare that a trade secret / restrictive covenant lawsuit makes it all the way to trial, much less a jury verdict. The passage of time, accumulating legal expenses, bad facts, and/or the risk of losing at trial all can conspire to sap litigants of the desire to take their cases to the finish line. Settlements and withdrawals of claims abound. Sometimes, however, the parties dig in and roll the dice in court, as recently occurred in a case in the Southern District of New York.
On November 29, 2016, after more than 10 days of trial, a jury delivered a verdict in favor of the plaintiff Tesla Wall Systems LLC (“Tesla Wall,” an architecture and construction company) against its former president Michael Budd, and awarded $14.5 million in damages. Budd had been president of Tesla Wall for less than two years when he resigned in 2014. He was subject to contractual provisions prohibiting him post-employment from interfering with any of Tesla Wall’s actual or potential business relationships for six months and from soliciting any Tesla Wall employee for nine months.
Tesla Wall alleged that while president of Tesla Wall and thereafter, Budd secretly organized a competing curtain wall company (based on Tesla Wall’s business plan for future operations); negotiated the purchase of land in Pennsylvania, various investments and tax credits for the new company’s manufacturing facility; and hired all of Tesla Wall’s employees to work for the new venture. Pursuing claims of breach of contract, breach of fiduciary duty, and violation of the Delaware Uniform Trade Secrets Act, among others, Tesla Wall was awarded $14.5 million in damages against Budd.
Although the publicly available record does not reveal the calculations which underlie this award, the jury’s verdict is a reminder of what can be achieved by an aggrieved employer in the trade secrets/restrictive covenants arena, when the facts are favorable and the employer sees the lawsuit to its conclusion.
- Member of the Firm


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35% of adults found to have smart phones
Smart-phone ownership among adults has risen to 35 percent, according to survey results released Monday by the Pew Internet & American Life Project.
The survey was the first of its kind from Pew, so there's no baseline to compare it against. But the findings are in line with other reports that show increasing adoption of phones that can run apps.
As you might expect, smart-phone ownership is higher among those who are financially secure, have a college degree and are younger than 45. Black and Latino consumers also own smart phones disproportionately - 44 percent of each group, according to Pew.
One finding Web designers may want to keep in mind: A quarter of smart phone users say they primarily access the Internet using their phones. Of those, a third have no high-speed Internet at home.
The survey also found that Android is the most common smart-phone platform, followed by iPhone and BlackBerry devices.
Pew based its findings on a national telephone survey of 2,277 adults conducted from April 26 to May 22.
A daily dose of postings from The Chronicle's technology blog (sfgate.com/blogs/tech)


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For videography, people generally use their smartphones or DSLR to shoot videos. DSLRs produce image quality unmatched from a regular smartphone. A step further comes in DSLR is Mirrorless Cameras.
Category: Bawal News
On 15th July 2020, Reliance held its AGM (Annual General Meeting). In this meeting every year, they reveal some new milestones achieved by the company. Also, they announce their plans
Oppo is a brand of innovation. Previously, they have come up with some impressive camera specs. Oppo is now moving forward to innovate the charging technology. Oppo new charging technology
Realme has done a great job in the Indian market. They grew much faster and have established themselves as an independent brand. So far, Realme came as a smartphone brand
Games are such a thing which are loved by everyone. Gamers thrive on playing games on their comfortable devices. Nevertheless, Graphic intensive games like GTA V, Call of Duty, Assassin’s
Instagram is an American photo and video sharing social media application owned by Facebook. It has indeed created an ever-growing community. A vast majority of social media influencers has notable presence


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With pickups, utility vehicles and vans now capturing about 60% of the U.S. market, automakers are struggling to shift production to match consumer demand, in some cases dropping once-popular passenger car models and refitting plants to produce light truck lines.
Nowhere is that shift becoming more apparent than at Fiat Chrysler Automobiles. At least two of the maker’s sedans will soon head off to the junkyard, making room for expanded production of updated and possibly all-new pickups and SUVs.
At least two plants will be impacted by the shift at the trans-Atlantic automaker, including one in Belvidere, Illinois and another in the Detroit suburb of Sterling Heights where 3,000 workers have been on temporary layoff due to slow sales of the Chrysler 200 since early this year. Nearly half will be put on indefinite layoff in July, likely for as much as two years.


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Pixie Geldof rocks the retro 80s look with backwards baseball cap and chunky black boots
Pixie Geldof may be too young to remember the look first-time round. But that didn't stop her stepping into a classic 80s outfit for a shopping trip with a friend.
The 18-year-old wore a black leather baseball cap - backwards, obviously - a black leather jacket and chunky black boots.
Retro look: Pixie takes inspiration from the 1980s for her latest look
Her outfit made the part-time model look as though she had stepped straight off the pages of a 1980s fashion magazine.
Her baseball cap drew unkind comparisons with another 80s icon, Timmy Mallett.
The Wacaday presenter was famous for wearing garish baseball caps and outrageous glasses.
Terrible twins: Pixie's look drew unkind comparisons with 80s icon Timmy Mallett
Luckily Pixie went for a more muted look on her day out.
The peroxide blonde was snapped shopping in West London yesterday.
After a trip round the shops, she stopped to have chips for lunch with a pal.
Her outfit was a far cry from the glamorous gown she wore in Cannes last week.
Pixie, sister of infamous girl-about-town Peaches Geldof, wore a dramatic floor-sweeping dress to a Dolce & Gabbana party.
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Zimbabwe asks Netherlands to save horticulturePresident Robert Mugabe requested the intervention of the Netherlands government in 2013 to help rebuild the country's ailing horticulture industry after it slipped into the doldrums as exports tumbled, a diplomat said last week.
From an annual revenue of US$143 million in 1999, statistics indicate that the country earned a paltry US$40 million through horticultural exports in 2013.
And last week, Zimbabwe's export trade promotion body, ZimTrade, said the value of horticultural exports declined to US$23,5 million in 2015.
At its peak, the sector was the second largest foreign currency earner after tobacco, contributing an average four percent to gross domestic product.
The country exported about 90 percent of total fresh vegetables to Britain, South Africa, Zambia and Namibia and 80 percent of fruits were consumed by British and South African markets.
The country's horticultural sector started experiencing problems from 2000, when government implemented agrarian reforms to increase the number of black Zimbabweans with access to fertile and productive farmlands.
The majority of the productive land had been occupied by a few white commercial farmers for about a century.
But Zimbabwe's agrarian reforms were poorly planned.
There was no funding to help peasant farmers move from subsistence farming to large scale commercial farming.
As a result, the country has experienced shortages of farm produce for many years, including the staple maize.
Against this background, President Mugabe asked the Netherlands ambassador to Zimbabwe, Gera Sneller, to find ways of rebuilding the industry, when she presented her credentials to him in 2013, she revealed last week.
Read more at allAfrica.com
Publication date: 4/27/2016
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Kroger, the supermarket chain, said on Tuesday that it has gobbled up Murray’s Cheese, the beloved New York City shop that first opened almost 80 years ago.
The tie-up, in which Kroger has purchased Murray’s equity and its flagship store in New York’s West Village, comes on the back of a partnership that has been in place since 2008.
Ohio-based Kroger has already placed Murray’s Cheese shops in 350 of its locations across the US amid a rising appetite for artisanal and specialty cheeses.
“Our customers are excited to buy the unique offerings of Murray’s Cheese right in our stores, and we’re excited to ensure this iconic cheese shop will remain a part of the Kroger family for many years to come,” said Kroger chief executive Rodney McMullen.
Rob Kaufelt, Murray’s former owner, will “remain affiliated with the business as a strategic adviser,” Kroger said in a press release. Nick Tranchina, who has been executive vice president at Murray’s since January 2015 according to his LinkedIn, will continue to lead the brand, and report to Kroger executive Daniel Hammer.
“It has been my honour and privilege to work with so many tremendous, talented people over the course of my 45-year career in food retail, especially the last 25 years at Murray’s here in New York City,” said Mr Kaufelt. “I am pleased to pass the torch to our able staff, who will carry Murray’s into the future.”
Murray’s was founded in 1940 by Murray Greenberg, who sold it to one of his employees in 1970s. It was purchased in the early 1990s by Mr Kaufelt.
The store on Bleecker Street is a popular destination for New York “foodies” along with tourists, offering a wide array of domestic and imported cheeses that are sliced by cheese mongers wearing bright uniforms that are studded with pins. It also offers other specialty foods, like cured meats and olive oils, along with beer.
Murray’s also has another location in the Grand Central Terminal market — it was not immediately clear what would come of that.
Kroger, the US’s biggest pure grocery chain by sales, did not disclose the financial terms of the pact. It shares were down by 0.6 per cent at $33.52 in mid-morning trading in New York, giving it a market value of about $31.1bn.
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State liquor stores consider ban on Christmas gifts
Management at Vinmonopolet, the Norwegian state liquor company, is frightened by the bribing scandal in Systembolaget, the Swedish state liquor company.
The Norwegian management is now considering asking its suppliers to not give Christmas gifts to the employees of Vinmonopolet this year, however, it is feared that the suppliers may be offended by the request. According to Knut Grøholt, head of Vinmonopolet, the final decision will be made in a couple of days.
The reason why we are discussing this is of course the case in Sweden, and we are asking ourselves if this at all is something that happens here, Grøholt said. We dont think it does, but we want to be as sure as possible.
According to information revealed in the scandal in Sweden, employees at the state controlled liquor store have been bribed by suppliers to market their merchandise more favourable than their competitions in the stores.
According to Grøholt, the company has its own strict rules regarding gifts to the employees. The main rule is that employees are not allowed to accept gifts, but exceptions are made for special occasions like Christmas and important birthdays. The rules demands that all gifts are reported.
Gifts must not be of such a kind or value that they will not raise questions about the recipients integrity, Grøholt stated. In addition, it is not possible to accept samples from the suppliers.
According to suppliers, it is not comment to shower the employees at Vinmonopolet with gifts. TV 2 Nettavisen has been informed that at least one larger supplier of wine and spirits has already bought Christmas gifts to the employees at Vinmonopolet.
Lik Nettavisen her og få flere ferske nyheter og friske meninger!


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This week’s UK game charts are not a repeat of the last few weeks, because of one notable release. You might’ve guessed it, but The Last of Us Remastered blasted sales once more to come in on the top spot.
This finally puts down Watch Dogs, which held the throne several weeks. It looks like the Playstation 4 version of last year’s multi-award winning title is going to be just as popular.
Watch Dogs still comes in a strong second in this week’s charts, followed by an always popular FIFA 14. Minecraft, oddly, has both the fifth and the sixth position to its name, for the Xbox 360 and PS3 version respectively.
Some interesting names to see linger in the charts are Tomodachi Life, which keeps the 3DS brand on the twelth spot and Mario Kart 8 resting on spot 16, representing the Wii U.
According to Eurogamer, The Last of Us: Remastered performed so well in its opening week that it’s currently the fifth strongest launch of 2014. It shares the honors with a lot of other PS4 games, which must be good news for Sony.
Watch Dogs, Titanfall, Wolfenstein: The New Order and Infamous: Second Son are those that managed to beat out the remake. Still, for a game that basically just came out last year, it’s not a bad show.
The Last of Us: Remastered comes with some added goodies. For instance, it has Photo Mode, also available in the new inFamous. Its launch also came with an update for SHAREfactory.
Canada is even getting a special PS4 bundle for The Last of Us: Remastered.


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Impossible Foods plans on hiring more than 100 scientists to bring us all dairy-free milk that tastes and behaves just like cow’s milk. The scientists, called Impossible Investigators, will work on this dairy alternative as well as advancing the company’s offerings in other areas like steak and fish. The hiring spree is made possible by $700 million from two funding rounds this year, the most recent round securing $200 million in August.
Impossible Investigators — Intent on making Imagineers for plant-based meat and dairy products, this push to roughly double its research and development team could catapult Impossible into even greater success. In addition to advancements in plant-based milk technology, the company hopes to tackle different cuts of beef and mimic the marbling we all associate with foods like steak. Chicken and fish are also slated to eventually join Impossible's beef and pork products. Impossible's main competitor, Beyond Meat, has nearly three times the market value, but its stock took a tumble after today’s announcement.
Impossible Foods is the clear front-runner in the intellectual property department, boasting about 250 patents related to its processes. This commitment to the research side of the business, fueled by a race to quell agriculture’s effect on climate change, is precisely what sets the company up for long-term growth and adoption.
Moo who? — Engadget reports that Impossible showed off a prototype of its milk alongside other dairy-free milk alternatives. An Impossible researcher claimed it was just as creamy as regular milk and even stirred it into hot coffee to demonstrate that it won’t curdle like soy and nut milks do. If the company can bring the “milk” to market before Chilean NotCo breaks into the U.S. with its creamy milk dupe, this could upset the alternative milk industry as we know it.
“The plant-based alternatives that are out there are inadequate,” CEO Dr. Patrick Brown said in the press conference, noting that he hates soy milk, according to CNBC. “The reality is that if they weren’t, there wouldn’t be a dairy market.”
In an interview with MIT Technology Review, Brown envisioned a future where cattle are pets. In order to get there, he wants to make it unprofitable to raise them by undercutting every profitable component. If he can put $700 million where his mouth is, we might get a whole generation that never consumes any part of cow sooner than we think.


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When you visit Benicia Makerspace, you’ll ring a doorbell made with eight repurposed floppy disks that are signaled to play Mario Brothers and other theme songs. The brain of the invention is Raspberry Pi, a credit card sized computer that is programmed to signal the disks to make music. It’s the perfect example of technology, engineering and art combined to create something for practical use. That’s what “makers” do.
As the maker movement sweeps the globe, Benicia Makerspace is making its mark. The nonprofit organization, now located in the school district’s retired primary school building, is like a community shop where inventors, entrepreneurs, and tinkerers can explore new ideas using state of the art equipment like 3D printers, laser cutters, routers, and more. You will find makers creating anything from robotics to needlepoint or e-bikes. And what ties them together is the spirit of trying, experimenting, playing, and collaborating.
It began with a dream and a Kickstarter campaign in 2012 by Nicci Nunes, a science teacher at Liberty High school. “I wanted a place for my kids and I to tinker, and I was just crazy enough to decide to do it.” When her first attempts fell through, Nunes didn’t give up. Instead, she posted on Meetup.com, where she got responses from makers from across the Bay Area. An early supporter was Aaron Newcomb, a Benician and Silicon Valley marketing professional who started taking apart his toys at the age of eight. Now he serves as the board president of the Benicia Makerspace, along with four other board members.
Makerspaces don’t usually pop up in small towns like ours, but it turns out Benicia is the ideal location because of its thriving industrial and artistic communities—two bedrocks of the movement. And, it helps that city officials are supportive. When Benicia Makerspace exhibited recently in San Mateo, they joined peers from larger cities such as San Francisco, Los Angeles, Tokyo and beyond.
The groundswell of makerspaces worldwide has grown from four in 2007 to more than 1,750 today. Makers are becoming part of the culture at libraries, universities, hospitals—and corporations are taking note. Current technology like 3D printers and Adafruit electronics are making it easier for makers to break new ground. MakerBot now makes more affordable 3D printers that can turn plastic and metal into everything from prosthetics to food (although it looks like mush).
“Makers are very much an open source, a helping culture. They don’t keep secrets. What makes us most happy is inspiring someone else to try to make something work,” says Nunes.
This spirit brings us back to a time when there was great pride in craftsmanship, and woodshop and metal shop were popular school electives. “What we’ve lost is that spirit coming out of WWII into the 1960s, when people were doing things themselves,” says Newcomb. “In the 70s, 80s, and 90s, that disappeared and people started buying things and throwing them away. Now there’s also an environmental aspect,” he continues. “We can’t afford to throw everything away. We need to find ways to repurpose things.”
A growing number of people are ringing Benicia Makerspace’s repurposed doorbell these days. With 230 members on Meetup.com, the organization now hosts bi-weekly Monday night open houses, and hopes to secure a more accessible industrial space soon. In collaboration with the Benicia Public Library, the group hosts first Wednesday workshops on topics such as learning to solder, or building your own pinball and video games.
In March, Benicia Makerspace hosted its first Mini Maker Faire at Benicia Middle School that had some 1,250 visitors from throughout the Bay Area. The President and CEO of Maker Media Inc, Dale Dougherty, who founded the Mini Maker Faire, was the keynote speaker. He says the events “reinvent the county fair from pigs and pies to rockets and robots…I wanted to create an environment to spark the imagination for everyone—especially children. That’s where they decide they can do it.”
“In making, failure is a good thing,” says Nunes. “If something doesn’t work, you don’t throw it away, you work it out. If you’re having trouble making something, it’s not the end. It’s the beginning.”


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Shares of cybersecurity providers SentinelOne (S:US) and Okta (OKTA:US) fell sharply this week after both companies reported weaker-than-expected results for the January quarter.
Okta shares slipped nearly 18% on Thursday after the application software company’s earnings report was published. Both the adjusted profit per share and revenue came in better than what analysts expected.
However, investors are worried about the weakness in the outlook for current remaining performance obligations (CRPO). This financial metric is focused on the subscription backlog that is expected to be recognized over the next 12 months and is one of the key areas for investors. Hence, shares fell sharply despite the raised full-year forecast.
“While macroeconomic pressures are increasing, we are well positioned to advance our leadership position by delivering valuable product innovation to our customers while delivering non-GAAP profitable growth to our shareholders,” said Todd McKinnon, CEO and co-founder of Okta.
Similarly, SentinelOne shares fell as much as 35% at the Friday open after the cybersecurity company cut its full-year forecast. The company’s management also blamed the underperformance on “macroeconomic pressures [that] continue to impact deal sizes, sales cycles, and pipeline conversion rates.”
SentinelOne now expects full-year revenue at $595 million, down from the prior forecast of $635.5 million and below the consensus of $636.4M.


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The accelerated life cycle of the daily deals business continues apace.
As Groupon, by some accounts the fastest-growing company ever, barrels toward its September IPO (although not without hiccups, including questions about the way in which it reports its marketing costs and a CEO who apparently doesn’t understand the nuances of a quiet period), there are signs that the business may be experiencing a serious slowdown.
When Facebook, an 800-pound gorilla in whatever digital space it sets its sights on, announced four months ago that it would begin offering daily deals to its subscribers, there were predictions that the company would quickly own the world of half-priced mani-pedis and possibly even launch a Groupon killer.
Instead, Facebook quietly announced on Monday (Aug. 29) that it would end the program.
Yelp, the popular crowdsourced review site, also announced on Monday that it will scale back its daily deals offerings.
Although it’s certainly true that Groupon pretty much created the business it now dominates, there are some signs that the business may be experiencing some contractions.
Yipit, a daily deals aggregator that issues monthly status reports on the category, reported that in July both Groupon and LivingSocial experienced declining month-over-month revenue in the top 30 North American markets. Those two players account for approximately 70 percent of the daily deals business, says Yipit.
Additionally, for the first time since the company began compiling data on the industry, the number of daily deals sites actually declined slightly for the month, according to Jim Moran, Yipit’s COO.
But Moran said that the research is hardly evidence of an overarching decline in the space. Rather Yipit’s data suggests that a robust business is simply experiencing a seasonal lull.
In addition, Moran noted that the data shows that almost all of the decline occurred in the first half of the month, during which there was a five-day holiday weekend and, as a consequence, a dip in both deals offered and deals purchased.
August’s numbers “are trending upward,” said Moran, and the shifting of market share indicates that other businesses in the space are growing. Companies like Gilt City and Travelzoo are gaining market share, making the business as a whole less dependent on the fortunes of a single company.
But while Moran sees July’s numbers, as well as the Facebook and Yelp announcements as routine bumps in the road of a maturing industry, a recent report from Forrester Research, “US Interactive Marketing Forecast, 2011 to 2016,” suggests that the entire daily deals industry has an expiration date.
According to the forecast, the business will actually fall victim to its own success. Consumers will become so addicted to the coupons, particularly location-based offers sent at point of purchase, that “they’ll lose practice at considered decisions.” As one segment of the population becomes incapable of formulating plans that don’t involve half-off coupons, their friends, family and co-workers will grow impatient with them. The forecast predicts that “facing a cultural descent into maladroit judgment, employers (and spouses) will blacklist impulse deals to keep people intentional.”
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Apple Posts Record Q2 2014 Revenues Despite Slipping iPad Sales
Apple has reported profits in line with the company’s predictions for nearly all of its products for its fiscal 2014 second quarter. With revenues of $45.6 billion and net profits of $10.2 billion ($11.62 per diluted share), the company’s profits are up 6.9 percent compared to the year-ago quarter (see “Apple Q2 2013 Results Show Higher Revenues, Lower Profits,” 23 April 2013). Despite claims that the company has stopped growing, Tim Cook’s Apple is still going strong.
Apple also announced that it will return over $130 billion to investors by the end of calendar year 2015. Apple’s board has increased its share repurchase authorization to $90 billion from the $60 billion level announced last year. The company is also increasing its quarterly dividend by 8 percent, with additional increases every year.
Additionally, Apple has announced an unusual 7-for-1 stock split, dropping the share price significantly (if it had happened on the day of the earnings report, it would have reduced the price per share from roughly $525 to $75), thus making shares easier to buy for small investors. Each shareholder will receive six additional shares for each current share by the end of 2 June 2014, with split-adjusted trading to begin on 9 June 2014.
The iPhone saw a huge 16.8 percent increase in sales over the year-ago quarter, and even the Mac saw an impressive 4.7 percent increase in sales over the year-ago quarter (especially in the face of PC sales, which continue to plummet). However, sales for the iPad fell by a whopping 16 percent, and sales for the now-unloved iPod plummeted 51 percent compared to the year-ago quarter.
While iPad sales fell below analyst expectations, CEO Tim Cook said that it was at the “the high end of our expectations.” Cook said the main reason was that Apple produced fewer iPads than it had in the year-ago quarter. Also, while there was pent-up demand for iPad mini models last year, that didn’t happen this year.
Will Microsoft Office, released last month (see “Microsoft Releases Office for iPad,” 27 March 2014), boost iPad sales? Maybe. “Office I believe does help,” Cook said. “If it had happened earlier, it would have been even better for Microsoft, frankly.” Cook mentioned that Office now had several competitors on the iPad, including Apple’s own iWork suite. “I wholeheartedly welcome Microsoft to the App Store,” Cook said.
Despite worrying iPad and iPod figures, Cook said that Q2 produced “very strong results,” and that Q2 2014 was the “strongest non-holiday quarter ever.” Cook went to great pains to explain that the lower iPad figures, in particular, had more to do with how Apple was handling channel inventory than with demand. He pointed out that iPad had a spectacular 98 percent customer satisfaction rating, noting that no other consumer product gets that. He revealed that iPad was selling strongly in all three market segments: consumer, enterprise, and education; in this last segment, he said that iPad had a 95 percent market share.
What’s more, Apple’s digital download business is booming. iTunes brought in $4.7 billion in Q2, an 11 percent year-over-year increase, and a new quarterly record.
Surprisingly, Apple’s announcements thrilled Wall Street for once, with shares rising more than 7 percent in after-hours trading. But even with the surge, Cook cautioned that, “Stock price does not reflect the full value of the company.”
In other news, Cook announced that Burberry CEO Angela Ahrendts is finally joining Apple next week as its Senior Vice President of Retail and Online Stores, after much speculation in the press that she was dragging her feet. (For the original October announcement, see “Why Angela Ahrendts Is a Perfect Fit for Apple,” 16 October
As for Apple’s future, Cook said that the company will expand into new product categories, investing in research and development, the supply chain, and marketing and distribution. But while Cook said that Apple was not going to under-invest in its future, at the same time, it won’t blow its substantial cash reserves of $156 billion. “We need to maintain financial flexibility,” Cook insisted. He pointed out that, nonetheless, Apple had acquired 24 companies in the past 18 months.
Upcoming CFO Luca Maestri, who will be taking over from outgoing CFO Peter Oppenheimer in June, took charge for much of the quarterly investor call. One of the most interesting things Maestri commented on was a push for streamlining the U.S. tax code so that Apple would be incentivized to bring more of its cash back onshore, “which would be a great benefit to the economy.” Apple has been criticized for its use of offshore tax havens; see “Apple Grilled Over Tax Practices,” (24 May 2013).
Cook also gave a warm send-off for Oppenheimer, who Cook said had never once missed guidance in his ten years as CFO. “Apple is more than 20 times the size it was than when Peter took over as CFO,” Cook said, thanking him and wishing him the best.
As for what’s coming, Cook said that Apple was working on new things, but isn’t “ready to pull back the curtain yet.” Cook added, rather philosophically, “It’s better to get it right than get it first… Customers want great. Insanely great.”
“We’re not in the race to spend the most or acquire the most. We’re in the race to create really great products,” Cook said.
As always, analyst Gene Munster asked about the Apple TV, but for once, he didn’t ask about a mythical TV set, but instead posed a thoughtful question about why Cook no longer considers the Apple TV a hobby, and asked for Cook’s reaction to increased competition from Amazon.
“The reason I stripped off the hobby label is when you look at sales of the ATV box itself and you look at content that was bought directly off Apple TV, that number was over a billion dollars,” Cook said, adding that Apple has sold 20 million Apple TVs to date. As for worries about Amazon, Cook coolly said that Apple TV’s content is comparable with its competitors.
Lower iPod and IPad sales is no surprise. There is a limit to how many of each product one needs to have. Both have been stunningly successful. The challenge is finding new sectors for which the IPAD will become the device of choice.
An opportunity exists in the Education Sector. The current iTunes software deployment makes it difficult for schools to manage the software used by students. Schools would be aided by a management hub that allowed teachers to push programs and content to enrolled devices. Teachers would select the books and programs to be used. No more heavy school bags, just an iPad with everything installed. There would be some software licensing challenges but the long term benefit to the Apple Brand would be significant.
The Apple TV desperately needs to be updated! The completion from Amazon, Roku and Android have upstaged the ATV3. Perhaps the future for Apple TV is to act as a "Gateway" to iCloud. All digital content could be stored in the Cloud, not just video.
I think Apple is victim of its own success to a degree. The new iPads are great but the older ones aren't bad, and they aren't on the same kind of replacement cycle as iPhones. If Macs last 4-5 years, iPhones last 2-3, and iPads last 3-4, a lot of people already have iPad 2/3/4/mini models which are still working fine. I am a bit surprised more new users didn't jump in, but certainly a lot of (original) mini owners are very happy with their 18-month-old devices. My wife just lost hers on a train, and opted to replace it with the an identical non-Retina mini because she doesn't need the better screen or A7.
It illustrates just how dependent Apple is on carrier subsidies. In the U.S., there's no reason not to upgrade your phone every two years, with premium phones all hovering around the same price, well, why not buy the iPhone? In Europe, where there are no carrier subsidies, Android sells better, because the real cost of the phone is less.
Likewise, I have no desire to spend $600+ on a new iPad every year (I always buy the 32 GB model). My first iPad was an iPad 2, and I didn't upgrade until the iPad Air was released — partially because I didn't see the third- or fourth- generation models being great upgrades.
There's plenty of reason not to upgrade a phone every year, if you are not on an overpriced subsidized plan. With prepaid or postpaid wireless unsubsidized plans, like StraightTalk for example, keeping a phone for more than 2 years is a good choice and saves $1000+/year easily.
This s the best/most balanced take I've read on the iPad results:


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With the next generation Hyundai Elantra starting its test from Death Valley to South Korea, today we want to share with you a render of how the new Elantra (called as Avante in South Korean local market) will look. (more…)
The second-generation Hyundai i20 looks set to use for the first time the “N” high-performance sub-brand (if the i30 facelift and its sporty variant not arrive before) when it launches a year from now. (more…)
Hyundai Motor has revealed the New Generation i20 at the Paris Motor Show 2014. With sophisticated design, class-leading interior space and generous equipment and comfort-enhancing features, the New Generation i20 has evolved into a more premium-quality package. Designed, developed and built in Europe, the New Generation i20 is a truly European car and the Paris Motor Show was a natural choice for its world premiere. (more…)
Hyundai’s new Elantra (Avante) will be on the roads in the South Korean domestic market by next year. According to the industry, the new Avante (codenamed AD) will be available in the first half of next year. Today we have more pictures of the next-gen midsize sedan in a South Korean parking.


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Sep. 18, 2021 -- U.S. Customs and Border Protection officials have seized more than 6,000 counterfeit COVID-19 vaccination cards across the country.
Two international mail packages from China with 70 fake cards were stopped in Pittsburgh last week, the news outlet reported. Both packages were intended for the same address, and an investigation is underway.
“Coronavirus and its variants continues to pose a serious health and safety threat to American citizens, and so do unscrupulous vendors who peddle counterfeit COVID vaccination cards,” William Fitting, the Pittsburgh port director, said in a statement.
“Customs and Border Protection will continue to intercept counterfeit goods, such as these fake vaccine cards, that threaten our nation, our people and our economy,” he said.
Customs officers screen international travelers, cargo, and shipments for illicit narcotics, unreported currency, weapons, counterfeit consumer goods, and prohibited agriculture.
Since mid-August, officers have seized thousands of fake COVID-19 cards at airports and shipping ports, including hubs in Anchorage, Alaska; Chicago; Cincinnati, Ohio; and Memphis, Tennessee.
At the Port of Cincinnati, officers have seized shipments with nearly 1,700 fake vaccine cards and more than 2,000 fake Pfizer stickers. The vaccine cards displayed a CDC logo but had substandard printing and misspelled words. The shipments originated in China and were being sent to non-medical people at private residences in Illinois, Maryland, Missouri, New York, and Texas.
“Creating or buying a fake COVID-19 vaccination card is illegal, not to mention dangerous,” Richard Gillespie, the Cincinnati port director, said in a statement.
The FBI has warned that buying, selling, or using counterfeit COVID-19 vaccine cards is illegal and breaks federal laws.
“Purchasing counterfeit cards supports criminals whose only concern is their bank account, not American security or the health of our citizens,” Gillespie said. “Counterfeiters will try to replicate anything to benefit themselves, with no thought to the innocent victims that may suffer from their actions.”


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Superstar striker of Portugal Cristiano Ronaldo is celebrating the beginning of the 2022 World Cup in Qatar by sharing an exceptional double portrait of a chess game photographed by renowned lens genius Annie Leibovitz.
The players contemplating their moves? It’s a stylized shot of Ronaldo and one Leo Messi, the Argentina superstar and Ronaldo rival who is part of the two-man-only discussion about the very best footballers in the world. It’s Messi and Ronaldo — and then everybody else.
Whether that’s true or not anymore — that Messi and Ronaldo are alone at the top, it has been the case for a long time. Now the 2022 World Cup is about to put the duo to a fresh new test — will they emerge on top again?
In soccer comparisons, it is all but impossible to claim either Messi or Ronaldo is the GOAT — so close are they in statistical analysis and accomplishment.
Perhaps it will be decided on the chess board instead of the soccer pitch? As nearly everyone is saying, this is among the most iconic photos of all time — and it’s fresh out of the camera. “What a picture,” says Virat Kohli. “This is too much for the internet to handle,” says Mark Angel.
The photo shoot was for Louis Vuitton, the luxury goods purveyor. But it was really for soccer fans around the world.


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For those Star Trek fans who also like crafting, a new video blog by Geek & Sundry‘s Paul Mason will be of interest.
In the video, Mason shows how to make a Tribble.
The Geek & Sundry Vlogs claim to provide “something for everyone from comics, to video games, to nerdcrafting and everything in between!”
In the latest Vlog released this week, Mason explained why he decided to make a Tribble. “Star Trek: Into Darkness came out recently and I thoroughly enjoyed it,” he said. “Especially the Tribble cameo. I also happened to have some spare fur, so I thought I’d try my hand at putting one together.”
Source: Geek & Sundry Vlogs


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Huhtamaki has acquired the a 70 per cent share of CupPrint, Europe’s specialist manufacturer of custom printed cups manufactured in short runs. The 22 million acquisition of this Irish paper cup company enhances Huhtamaki’s digitalisation capabilities. It also allows access to the short run, custom printed cup market.
The joint venture allows Huhtamaki to better serve the needs of independent coffee and ice cream shops, looking for lower volumes and fast deliveries. The acquired short run capabilities also improve our promotional offering to current customers.
“By combining the two companies’ strengths, we can serve our customers even better: CupPrint offers reduced lead times and agility, while Huhtamaki brings its global footprint and financial strength to the partnership. Many customers across Europe will also value the possibility to order smaller quantities of custom printed cups from a trusted provider. In addition, we are happy to introduce them to CupPrint’s 3D online design tool,” says Philippe Ferrand, managing director of Huhtamaki Foodservice Southern Europe & UK region.
CupPrint currently sells about half of its volumes in short runs, starting at just 1,000 cups. There is a large portfolio of single and double wall coffee cups as well as ice cream cups.
Currently, the large majority of CupPrint customers are distributors, online printers and some coffee shop chains. Additionally, the company serves small and medium size customers, such as media agencies and independent cafés. Huhtamaki is looking at growing the business outside CupPrint’s current core markets.
“This joint venture with Huhtamaki gives Cupprint the opportunity to accelerate its business model into more international markets and non-core segments,” comments the founder and CEO of CupPrint Terry Fox, who will remain as general manager of the company.
With the acquisition, CupPrint’s existing management will retain 30% of the ownership and continue to lead the company. CupPrint will continue to operate under its brand name CupPrint out of Ennis, Republic of Ireland, and keep the sales office in Germany.
The acquisition will not mean any changes to contracts or contacts.


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IN THE PRESS
Chicago Social Brides, June 2012 Issue
BizBash Chicago Magazine, July/August 2012 Issue
"The 23 entrepreneurs behind these recently launched companies are the event industry’s latest crop of up-and-comers to watch."
Truffleberry Market Event CS Magazine: Cirque Magnifique at the San Filippo Estate in
In the Press


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Bupa exists to help prepare Australians for life’s ups, downs and up-agains – a simple truth Thinkerbell has brought to life in its latest iteration of the ‘Because Life Happens’ platform.
The campaign highlights the rollercoaster that life can produce in a very literal and visceral way, with Australians floating up and down in the sky in a variety of scenarios.
The campaign is set to launch over the weekend and will ramp up throughout September thanks to the easily adaptable framework from Thinkerbell.
Thinkerbell’s national chief creative, Jim Ingram, said: “We’ve been itching to dial Bupa’s distinctiveness up a few levels. With the single mindedness of the idea, the clarity of the execution, and the beauty of our new track, Bupa can only go up, up, up, and up in the minds of Aussies looking for health insurance. That’s all of you.”
Bupa’s general manager of marketing, Naomi Morton, said: “We are thrilled to take the next big creative leap forward with our ‘Because life happens’ platform. Brands need to be honest, relevant and to speak to the moment. Against the backdrop of uncertainty of the past few years, this campaign is a positive demonstration of Bupa’s experience and scale, giving our members confidence that we’re here for them through life’s ups and downs.”
Naomi Morton – General Manager of Marketing, Bupa
Alexandra Mleczko – Head of Marketing, Bupa
Lucinda Lacava – Campaign Manager, Bupa
Creative Agency: Thinkerbell
Ellen Woods – Creative Tinker
Louise Rutherford – Head Thinker
Katrina Khao – Lead Thinker
Jim Ingram – National Chief Creative Tinker
Adam Ferrier – Chief Thinker
Jaime Morgan – General Manager – South
Tom Wenborn – Executive Creative Tinker
Sean McNicholas – Head Tinker
Megan Latter – Creative Tinker
Nick Livingston – Lead Production Tinker
Derin Searle – Director
Claire Thompson – Exec Producer
Media Agency: Atomic 212°
Post and online: Arc
Original Composition: Via Level 2
Independent brand and digital agency, Archibald Williams (AW) has been appointed to lead the NBA account across the APAC region. The NBA is one of the most prestigious sporting leagues in the world and basketball is one of the fastest-growing sports in Australia. Effective immediately, AW said it was “excited” to work across all digital, […]
B&T's shining a light on industry folk prior to adland. Preference given to anyone purporting actual UFO abduction.
Leading digital outdoor company QMS has announced it is the first-ever inaugural partner for Most Contagious APAC, the landmark London event by creative and strategic intelligence company Contagious, which will be showcased in Australia on Tuesday, 12 December in Sydney and Wednesday, 13 December in Melbourne. Most Contagious is an event that delivers key advertising […]
Omnicom’s data and analytics division Annalect has partnered with Meta, giving it access to Advanced Analytics (AA) – one of Meta’s privacy-focused measurement solutions – to provide Omnicom’s clients with future-proof, next-level measurement. Omnicom is the first holding company to have access to AA. AA allows advertisers to combine their first-party data with Meta’s ads […]
WPP’s AKQA has launched Fixmas.gift, an environmentally conscious AI-powered DIY assistant, affectionately known as Fixie, for a one-stop solution for all things repair. Fixmas.gift hosts an array of guides and inspiration to empower people to prolong the lives of their belongings or purchase pre-owned items that need a little love and care. Fixie can: Help […]


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On Wednesday, the Italian Competition Authority (AGCM) imposed fine over Apple and Samsung, the two tech giants of the market. Both the firms have been fined regarding the unprecedented ruling on planned obsolescence. AGCM has stated that companies were engaged in dishonest commercial practices.
As per the sources, the Italian anti-trust authority fined Apple and Samsung 10 million and 5 million euros respectively ($11.41 million and $5.7 million). Both the firms have been alleged to force the consumers to purchase new phones by making them install latest updates on old phones thereby slowing them down.
AGCM stated that “Apple and Samsung firmware updates had caused serious dysfunctions and reduced performance significantly, thereby accelerating the process of replacing them. The two firms had not provided clients adequate information about the impact of the new software or any means of restoring the original functionality of the products.”
Besides this, the AGCM has also conveyed that Apple knowingly didn’t find the need to share the information to the customers regarding the lifespan of lithium batteries in iPhones. Neither did the firm share useful information on how to care for them to boost their performance and shelf life.
The report from the AGCM even revealed that Apple forced the iPhone 6 customers to update the software on their phones which were specifically designed for iPhone 7, and didn’t alert the customers that doing this will result in the malfunctioning of their old model.
Similarly, Samsung forced Galaxy Note 4 users to install latest updates of Google’s Android operating system which was meant for Galaxy Note 7 and made the older model sluggish and hard to use.
The ACGM had assured that both the companies had been fined with the highest possible amount regarding the dishonest practices followed by them.
Samsung in defence of the action said in a statement, “Samsung did not issue any software update that reduced the Galaxy Note 4’s performance. In contrast, Samsung has always released software updates enabling our customers to have the best experience possible,” it said.


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Although economic indicators across Europe have shown signs of improvement this year, corporate treasurers and other financial professionals should use real-time intelligence and employ means to manage their trade credit risk in 2014 says Tinubu Square.
The credit risk software specialist has is offering practical tips on risk reduction, devised by Michael Feldwick the company’s head of UK and Ireland.
His ‘top ten’ is as follows:
- Signs of economic recovery should be treated with caution. Trade credit may well become more widely available in 2014, but it is crucial to exercise robust financial management and not to overstretch limits due to an improving market. Don’t overtrade and remember recovery never follows a straight line.
- Make sure you use specialist software to provide you with detailed intelligence on the financial health and credit worthiness of customers. You must know what the outstanding risks are, what the total customer debt amounts to, and which customers represent the biggest risk in terms of recovering the debt.
- Make credit assessments based on real-time data. The financial health of a customer last month will not help you to assess the security of their debts right now. Immediate visibility lets you understand your exposure instantly and if a customer slips from low or average risk to high risk, you can adjust credit limits until their financial position improves.
- Timely data also means that you can manage risk according to your own appetite. If you know that you can hold the value of customer debts, sustain cash flow and accurately forecast, you are in a stronger position to make decisions.
- Use credit management to improve your value with your stakeholders including credit insurers. If you have an accurate picture of the security of your debts and have built a good record – fewer days outstanding and fewer customer defaults – your business becomes more appealing and attracts better rates from credit insurers.
- Integrate your credit risk management software solution. This means that everyone from back-office financial to front-line credit risk management (CRM) systems works with the same information – from lead generation, to closing a sale, to follow up throughout the entire order-to-payment cycle.
- Use this increased awareness to assess whether high-risk customers should be on your prospect lists and focus sales efforts on the strongest, high-value opportunities that will actually deliver fast, full revenue recognition. Sales teams will be tangibly more productive and the company will be focused on maximizing profitable sales.
- For companies looking to expand into new markets – growth in new, unfamiliar territories such as Asia, South America and Russia may increase your risk exposure. It is crucial to determine the credit risk of potential buyers operating in these areas based on ‘on the ground’ intelligence. To do this, ensure your software solution synthesises daily intelligence from global sources, and not just local.
- Use your trade credit intelligence to improve your own business opportunities. Apart from enabling decisions to be made about which customers to trade with or extend credit to, this data can also be leveraged to guarantee bank credit and reduce borrowing costs.
- Select a trade credit management software solution that can be easily integrated into your existing IT set-up, such as a cloud-based product. By doing this you will minimise your initial costs, cause little to no disruption, and you can start benefiting quickly.
Far and away, the largest financial market on the planet is the foreign exchange currencies market, where on average individuals and organisations trade more than $5 trillion daily. In the FX world, the ability to master the market isn't considered a luxury for treasury officers–it's a necessity.
Using data for predictive analytics is the future of banking success, argued Jean-Laurent Bonnafé, CEO of BNP Paribas, in his session on how the bank is reinventing its approach to innovate with and for corporates.
The EU and US’ shift in accounting standards may bring balance sheet losses and increase credit risk, according to James Elder, director of risk services at Standard & Poor’s (S&P) Global.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more


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MASERU — Local artists this week pounced on street vendors in the capital and seized copies of pirated CDs and DVDs.
The street raid on Tuesday was monitored by the police who took in 22 vendors caught selling counterfeit merchandise.
Twenty artists turned up for the raid, with 14 police officers assisting them.
Mantša, Stlofa, Lomile Maputle, Lele Khesuoe, Sentso, Ramosa Bosiu and Lebohang Letšohla were among the musicians who took to the streets.
Word about the raid spread fast in town.
While the musicians were raiding the vendors operating at Sefika terminus, vendors along Seputana Avenue were already packing their illegal products and fleeing.
But others did not heed the tip-off and in the end they were arrested and had their wares seized.
Things heated up when the artists pounced on the hawkers operating opposite NRH Shopping Centre along Kingsway Road.
They were unruly and refused to be taken in.
“Who do they think they are?” one angry vendor shouted. “We can’t have stupid amateur artists coming here and taking our products.”
The vendor said the action was misguided because they were not selling any local music.
“We are showing respect to their low-quality music by selling only international music and movies and now they decide to destroy us,” he said.
“Now I am going to sell their music and see what they will do next.”
Maputle told the Weekender they had managed to raid all popular spots in town where pirated music was sold.
It could, however, not be established when the arrested vendors would appear in court.
Tuesday’s raid is part of the measures local artists agreed to take to fight piracy at an indaba last month.
Local musicians say piracy is wreaking havoc in the industry, with fake CDs for example going for as little as M10 when an original one costs at least M80.


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Travel products may roll into Zagat ratings
The Wall Street Journal is reporting that Google will soon close a deal that will see the search giant acquire the Frommer's travel brand from a publicly-owned company. The acquisition -- in combination with Google's acquisition of Zagat last year -- will give the search giant an even greater suite of product, service, and location rating capabilities. The financial aspects of the acquisition have yet to be announced, and the Journal says Google is still looking into exactly how it will roll Frommer's services into its own. A note on Frommer's web site confirmed the acquisition today.
Google may get auto recommended food guides
Google on Tuesday bought Clever Sense, a young startup that had only recently released its first Android and iOS app. The deal supplies the technology behind Alfred, which provides automatic restaurant and night club recommendations based on location and past visits. Exact aims weren't outlined, but Clever Sense co-founder Babak Pahlavan promised that it would "accelerate" the concept of personalized, intelligent local search.
Google acquires Zagat for mobile, Offers
Google made an aggressive leap Thursday with the buyout of Zagat. The deal gives it the pioneering hotel and restaurant rating guide firm for an undisclosed amount. Google was unspecific about exact details but said Zagat would be a "cornerstone of our local offering," according to Location VP Marissa Mayer.


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It's been a busy week in the video game world. Pac-Man turned 33 and Microsoft had a huge launch party in Redmond, Wash., to announce the next generation of gaming for the software giant: Xbox One.
Coming this holiday season, this new console will be the third one for the company most famous for its operating systems but who quite famously entered the video game market in a big way in 2001 launching the Xbox brand.
Microsoft actually is last to the table for announcing the next generation this time around.
The console wars over the past decade have seen a great deal of turmoil. When Microsoft entered the scene in 2001, Sony's PlayStation 2 had the lead and never let go - selling 157 million units in total, which makes it the No. 1 selling game console of all time.
The original Xbox managed almost 25 million units and edged out Nintendo's GameCube, which did just over 21 million. For Microsoft that was a decent showing for the new kid in town. And, in the current generation, they are currently in second place again, just slightly ahead of Sony's PS3.
Surprisingly, Sony and Nintendo swapped places as Nintendo's Wii has just about reached the 100 million unit plateau and Sony fell to the bottom of the pile with their highly expensive PS3.
Last November, Nintendo led the charge of the eighth generation of game consoles with their Wii U. Unfortunately, it has failed to gain any real traction in the marketplace (selling only three million units so far, according to vgchartz.com, which is way under expectations). Sony announced the PS4 in February of this year and indicated it would be available for the holiday season in 2013. Microsoft's Xbox One has similar features and a similar time frame. Final pricing for these two consoles still remains unknown.
The newcomer to all of this is OUYA, a "new kind of game console" that does not use physical media for its games. Rather, all games for this $99 system are download only (and every single game on the platform is free to try). Response has been so great that the system has been delayed until the end of June to handle all of the interest. It is the second most successful Kickstarter.com project to date.
As someone who has been involved with video games in one way or another since they started invading our homes in the 1970s, I've noticed that the industry can be very cyclic. There was a major video game crash in the industry in 1983 and although things have been relatively good since then, I fear that we are heading into another crash. The interest in the new systems does not seem to be at the level I would have expected.
One thing that is common for all of the systems is their integration with television. By that I mean the ability to watch television programming from within the console. Microsoft has announced the ability for its enhanced Kinect peripheral to merely allow you to say the name of the channel (an obvious innovation that should have already been here in my opinion) and the social integration with TV is also incredible tight.
The focus appears to have shifted away slightly from games to more domination of the television set in general. While this might make some marketing sense, is this truly what people want?
There is no doubt that people want to play video games. The big question is that are consumers tired of the big triple A titles and looking merely at the downloadable $1 and $2 games like Angry Birds?
With 250 million iPhones out there, could it be considered the game console replacement? Perhaps.
While the game console is not going to go away this coming generation, I have really begun to wonder what the future will hold. Certainly the days of physical game discs and cartridges seem numbered.
As a collector, this worries me. The iPhone (and other smartphones) and new consoles like the OUYA show that a physical disc or cartridge isn't necessarily a requirement.
Is the end of the gaming console as we know it on the horizon? Only time will tell.
Syd Bolton is the curator of the Personal Computer Museum (http://www.pcmuseum.ca) and the manager of information technology at ACIC / Methapharm. You can reach him via-email at firstname.lastname@example.org or by snail mail care of The Expositor.
Game Night at PCM
If you want to experience the history of video games, attend "Game Night" Saturday starting at 7:30 p.m. at the Personal Computer Museum at 13 Alma St.
Admission is $7 for adults, $5 for children 12 and under.
The fundraiser for the museum includes gaming and food.
Game Night is in its 12th year and celebrates the history of video games from 1977-2012.


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Asda and Sainsbury’s confirmed today they plan to go ahead with their mammoth merger – but they aren’t the only big businesses making waves at the moment
From the deal bringing together two supermarket powerhouses in the UK to another combining two of the USA’s largest mobile phone network operators, mergers are seemingly the tactic of choice for big businesses looking to dominate their markets in 2018.
Last year saw companies announce more than 50,600 transactions valued at a total of £2.5 trillion, according to international industry body the Institute for Mergers, Acquisitions and Alliances, and already this year similar-sized deals could be on the table.
We’ve taken a look at which deals look set to dominate the headlines this year – and those with big promise that may not quite happen.
Asda and Sainsbury’s
With 31% of the supermarket sector on the line once the £13bn merger is complete, this is one to watch.
Both Asda and Sainsbury’s reported financial losses last year of 15% and 19%, respectively.
However, the proposed merger not only promises to net the grocery giants a combined revenue of £51bn and place them ahead of Tesco as the UK’s number one supermarket, it also looks imminent, following the release of the merger details on earlier today.
Bharti Infratel and Indus Towers
India’s two largest mobile phone network operators are set to create the biggest telecommunications tower business outside China by merging their infrastructure assets for a combined value of $14.5bn (£10.5bn).
The move was prompted by increasing competition from Reliance Jio, a new mobile phone network operator offering cut-price data packages.
T-Mobile and Sprint
AT&T and Verizon are at the top of the pile when it comes to major US wireless providers, but T-Mobile and Sprint are looking to create a potentially competitive third-way, valued at $146bn (£106bn).
The deal, which would involve T-Mobile buying rival network Sprint for $26bn (£18.9bn), has been a while in the making and was cancelled as recently as October 2017.
Before then, it was stifled by concerns from the Obama administration.
Now though, subject to review by the justice department and the Federal Communications Commission, the wheels are in motion.
Should it go ahead, T-Mobile boss John Legere has said the firm would spend $40bn (£26bn) on building a 5G network in the next three years.
Xerox and Fujifilm
Activist investors sued to stop Fujifilm’s takeover of Xerox coming to fruition and were partly successful when US judge Barry Ostrager, of the Supreme Court of the State of New York, granted a preliminary injunction last Friday.
The setback occurred shortly after American printing giant Xerox and Japanese photography company Fujifilm began renegotiating the $6.1bn (£4.5bn) deal, and came as a result of Xerox CEO Jeff Jacobson being “hopelessly conflicted” over the deal, according to Judge Ostrager.
SSE and Npower
The Competition and Markets Authority has raised concerns about British energy firms SSE and Npower’s on-going merger, citing a “substantial lessening of competition”.
If the two companies – part of the so-called Big Six in the UK energy market – can address the issues before 3 May, however, the potential deal would create the second largest energy company in the UK with around 11.5 million customers, trailing only British Gas.
Hammerson and Intu
Hammerson had planned to buyout its shopping centre operator rival Intu Properties for £3.4bn after the announcing the proposed deal last December.
However, directors at Hammerson – which owns London’s Brent Cross and the Bullring, in Birmingham – said in a statement earlier this month that the deal was “no longer in the best interests of shareholders” and pointed to the notorious length of the merger process as an investment they are not prepared to make.
Had the deal gone through, it would have created a £21 billion pan-European portfolio also including the intu Metrocentre, in Gateshead, and intu Trafford Centre, in Manchester.
Given the amount of retail closures over the past few years – BHS, Toys R Us, Maplin and New Look are among those either shedding stores or out of business entirely – it may yet prove to be a wise decision.
If you like this story, read more here:


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Tune Fm Launches The Jam Tokenized Music Marketplace Constructed On Hedera Token Service To Radically Evolve The Music Trade
A cursory read of those three properties means that Hashgraph might indeed be a game changer — — with 250,000+ transactions/second, it might clear up the scalability concern dealing with most blockchains right now. SpiderDAO, the world’s first hardware-enabled DAO, has introduced the listing of its native $SPDR token on the popular Liquid cryptocurrency trade. He likes to demystify crypto tales to the naked basics in order that anybody anywhere can perceive without an excessive amount of background data.
As a end result, there isn't a real connection between the value and longevity of cryptocurrencies, so the bubble round them may burst at any time. Bitcoin was meant to be transparent and decentralized, however as it has grown, the core framework has been augmented with retrofitted capabilities that hinder true visibility. With the proof of idea, eftpos will assess the potential of a digital Australian greenback secure coin, enabled by the Hedera Consensus Service. It will allow the shopper load a pockets with few dollars and then use it to pay for internet-based mostly content material. The collaboration is part of eftpos’ digital funds innovation strategy as it seeks to supply a substitute for traditional on-line paywalls and subscriptions.
“Given right now’s realities, businesses have an ever-rising want to interact in token creation. “GDF is devoted to promoting the adoption of best practices for cryptoassets and digital finance applied sciences. We are more than happy to affix the InterWork Alliance as an associate member and to work collectively to advance the token-powered financial system. This cross-industry method will be very important in creating the standards frameworks wanted to extend innovation across token-enabled ecosystems,” stated Emma Joyce, head of Community & Membership, GDF, an InterWork Alliance member.
man, Jose Angel Aman, was criminally charged with operating a Ponzi scheme from May 2014 through May 2019 the place he solicited people within the U.S. and Canada to put money into diamond contracts purportedly valued at $25 million. According to a DOJ press launch, when the scheme was about to collapse, Aman arrange a new business to perpetuate the fraud scheme by claiming to develop a cryptocurrency token backed by diamonds. In a last notable improvement, a current report from the Financial Action Task Force supplies particulars on red flag indicators of money laundering and terrorist financing involving cryptocurrency transactions. It's easy to see how for the last thirteen years, OpenCrowd has been profitable in delivering excessive finish applications for his or her shoppers, with a specific focus within the financial companies. And the big takeaway from the conversation to me was their new partnership with Securrency, which goes to enable them to build a safety and compliance standard for the future of finance.
We’re simply as a species beginning to be taught what the ultimate limits are. So I saved playing round with how would you do it, and I convinced myself that it’s inconceivable. There’s no means that you can have actually excessive throughput and still have all of these safety and fairness properties. Because ultimately you must inform everybody what you assume after which tell people what other people thought, and then you've hundreds of thousands or billions of extra votes and receipts of votes flowing around and it just doesn’t work. I want to have the ability to have a sport world that links to a Wikipedia world the place it seems that pieces of Wikipedia are actually a part of our world and as they alter within the Wikipedia world, they modify in our world.
Similarly, France in September last yearmoved to blockFacebook's Libra cryptocurrency from being established in Europe, fearing it posed a danger to customers. "Novi was inspired by the Latin words 'novus' for 'new' and 'by way of' for 'way'. It's a brand new method to send cash, and Novi's new visual id and design represent the fluid movement of digital currencies," the corporate defined. Elsewhere on the earth of blockchain, Facebook on Monday introduced it had rebranded its troubled digital pockets which it hopes folks will use to send and hold its Libra digital foreign money.
That will allow any developer to easily connect Hedera accounts with their application in just some strains of code. “As cryptocurrency and distributed ledger projects grow and gain adoption, we're working exhausting to make Zabo the go-to developer API for simply integrating cryptocurrency wallets into applications,” Zabo founder and President Alex Treece mentioned in a press release. In order for distributed ledger technology to turn out to be mainstream, it needs to be straightforward to combine. That’s why Hedera is working with tons of of developers to link to private networks. Over two dozen of them are working dapps that have been integrated into the mainnet prior to the general public launch, Harmon advised CoinDesk. PR Newswire, a Cision firm, is the premier global provider of multimedia platforms and distribution that entrepreneurs, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial information distribution trade over 60 years in the past, PR Newswire at present supplies end-to- finish solutions to produce, optimize and goal content material -- and then distribute and measure outcomes.
Micropayment is that this new factor that you will see very quickly in industries, and companies like Hashgraph will make it attainable where I can charge .001 cent, a fraction of a cent, let’s say for web content. Some of it's free, but then someone has put some effort there and so they by no means get the credit score. The only thing, the one credit they get is thumbs up and thumbs down, but what if they want to monetize that and if it's value it and I can pay for it, right? I need to pay a dollar for every little thing, however I can pay a fraction of a cent; one, is as a result of I learned one thing. Leemon Baird offered the hashgraph algorithm at Cloud Identity Summit in 2016. FTX was founded in 2019 and has quickly grown to turn out to be one of the biggest crypto-trading companies on the planet.
Our mission is to make commerce better for everyone and to do that, we spend lots of our time thinking about how to make commerce higher in components of the world the place money and banking could be far better. This is one step, but not the only step we’ll be taking to be part of the solution to this international problem.
Blockchain is an evolving know-how that's adopted by various prime firms and organizations, while the adoption rate of Hashgraph is gradual. For securing the community from malicious actors, Hashgraph makes use of an approach known as Asynchronous Byzantine Fault Tolerance where Hedera hashgraph assumes that there will be dangerous actors. Unlike Hashgraph, Blockchain does not depend on a single strategy to consensus.
As per CoinGecko, its buying and selling volumes exceeded over $6 billion prior to now day and over $50 billion in the past week. Levine added that FTX would additional collaborate with Miami-Dade County to assist know-how and Fintech education, monetary wellness for residents, and other programs. In addition, the exchange has even committed an additional $5 million in contributions to the Miami-Dade community.
Hedera Hashgraphs has been setting earth-shattering data ever since it launched its public network on September 16th. Backed by a number of the greatest firms worldwide, The HBAR allows developers to build their very own decentralized applications a.k.a dApps. According to PR Newswire UK, AdsDax, an advertising platform has executed over 10 million transactions on the Hedera Hashgraph with over 103 million advert occasions. A distributed ledger is a decentralized ledger for transactions which are distributed among a plethora of nodes and devices.
Hedera Hashgraph also proves to be fairer than blockchain as miners can choose the order of transactions, can delay them, or even cease them from coming into the block if needed. However, Hashgraph makes use of a consensus of timestamp, which prevents individuals from changing the order of transactions. Every blockchain platform has a different speed when it comes to transactions per second. For example, Bitcoin can make 7-10 transactions in a second, Ethereum has the potential to perform transactions per second and Hyperledger Sawtooth can make hundreds of transactions in a second. Hedera Hashgraph platform makes use of a utility token known as Hbar to grant token holders entry to Hedera Hashgraph-based mostly distributed applications.
2021 should count on to see even wider purposes of NFTs and tokenization. The flurry of improvement and the resulting congestion on Ethereum uncovered the blockchain community’s shortcomings, opening the doors to new rivals and platform improvement wars — setting the stage for extra environment friendly and efficient protocols sooner or later. Coming to the tip of a tumultuous yr that few ever noticed coming, we now wish to know the future through a good crystal ball. What sizzling blockchain and cryptocurrency trends of 2020 will continue shining brightly, and what may be the curveballs? Forkast.News consulted a variety of top leaders, thinkers and different oracles of the blockchain world for their predictions. The use of the HBAR coin to fuel transactions would render any malicious assault on the network to be very pricey thus making the network safer. Hedera will work with Fortune 500 firms and startup members to leverage the hashgraph consensus algorithm to secure and scale Internet of Things ecosystems.
Unfortunately, due to the high value of data, we can not serve the requested page without the accompanied ads. As Hashgraph doesn’t use the block strategy, it's thought of one hundred% environment friendly because it doesn’t face such problems. No resources are wasted or discarded as all occasions which are gossiped about to the network are reserved. GamesBeat's creed when masking the game business is "where passion meets business." What does this imply? We need to let you know how the news matters to you -- not just as a decision-maker at a recreation studio, but additionally as a fan of games. Whether you read our articles, take heed to our podcasts, or watch our videos, GamesBeat will help you be taught concerning the trade and enjoy engaging with it.
It is also a peer-to-peer platform that eliminates the necessity for complete transactional operations. It permits participants to transact via a digital database securely. A distributed community implies that no single entity has the authority over transaction control and decision making. In this method, as a substitute of providing one entity with absolute power, it's distributed among the many network. It records transaction details in a number of locations on the same time.
HBAR is used to power decentralized applications, construct peer-to-peer funds and micropayment enterprise fashions, in addition to shield the Hedera community from nefarious actors. “Hedera Consensus Service provides high-throughput and public verifiability of in-game occasions that the decentralized gaming industry has been ready for. End users get to experience on-line gameplay in a wholly new way with actual-time and auditable stats while helping stop fraud throughout our entire set of games.” — Ray Choi, CTO of SkyPeople, a blockchain-powered gaming firm. “The Hedera Consensus Service tremendously simplifies our structure and dramatically reduces costs and our time to market with new merchandise.
The council’s job is to make sure that the network stays decentralized. Hedera Hashgraph doesn’t require the compute-heavy proof of labor that slows down a few of the blockchain platforms. It makes use of one thing dubbed the “virtual voting consensus algorithm,” which dispenses with the proof of labor and runs extremely rapidly. And so Hedera Hashgraph goals to run transactions at least 1,000 times sooner than different cryptocurrencies, Harmon mentioned. With the blockchain, reaching that consensus can take a very long time, slowing down technologies such as Bitcoin or Ethereum in relation to doing transactions. The compute-heavy task, dubbed “proof of work,” can make Bitcoin more secure, nevertheless it additionally slows it down. In closed networks, proof of labor isn’t necessary, but meaning sacrificing security.
News The healthcare business has been home to a few of the most outstanding innovations in trendy history, but is behind most different industries in implementing new technology. The inception of EDC in scientific trials dates back a long time, but only just lately has its use become standard throughout the business. s my view that Bitcoin will never reside as much as the hype surrounding it as a crypto platform. It should use a modern distributed-ledger framework that can scale to meet the demand of a global group. The speculative nature of cryptocurrencies additionally means that their purchasing energy is unstable.
This will permit us to scale back the obstacles to the adoption of tokenization and help understand the wider societal benefits. Together with the InterWork Alliance, we can obtain a common perspective and understanding of the benefits of tokenization for The Netherlands with which we wish to encourage change. The Token Taxonomy Framework is important to clarify the path to tokenization, mentioned Alex Bausch, chairman of the 2Tokens foundation, an InterWork Alliance member. “DTCC is proud to be an InterWork Alliance founding member and appears forward to collaborating with our friends to develop a DLT security framework that additional protects the business, particular person corporations, and underlying purchasers. This important effort will create a crucial foundation that may help to increase the safety and safety of DLT implementations,” said Stephen Scharf, CSO of DTCC, an InterWork Alliance member. We invite all organizations excited about advancing the token-powered economic system to affix the Alliance.


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MechWarrior Online Weekend Update (December 6, 2014)
MechWarrior Online reviews the latest news for the week, including holiday items and exclusive new mechs.
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