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Skoda has preveiwed the interior of the new Enyaq iV, its first electric model built on the Volkswagen Group’s MEB platform, ahead of its unveiling on 1 September.
The new SUV, which uses the same underpinnings as the new Volkswagen ID 3 hatchback, is said to have an interior that “reflects modern living environments”. Designers have exploited the MEB platform’s lack of transmission tunnel and long wheelbase to create a cabin that’s “visually even airier and to create a feeling of even more space,” Skoda claims.
New features making their debut on the Enyaq – and which can be expected to appear on future Skoda EVs – include a storage cubby underneath the centre console and a multi-level dashboard. Skoda has also revealed that the SUV will have 585 litres of boot space, a 13.0in central touchscreen and a head-up display with augmented reality. It also claims that rear passengers will benefit from “exceptionally generous” leg room.
Skoda also says it has done away with the conventional trim level structure of its current line-up in favour of a range of new ‘design selections’, which each use sustainably produced and recycled materials. They will be clearly split into separate ‘themes’, with a range of option packages available additionally.
The Enyaq, which Autocar has already driven in prototype form, is due on sale in 2021 and will be a key part of Skoda’s plan to launch 10 electrified models under the iV sub-brand by the end of 2022.
Skoda has confirmed that, similar to other MEB-based machines, the Enyaq will be offered with a choice of rear and four-wheel drive, three battery sizes and five power outputs. The largest battery will be a 125kW unit giving an official range of 310 miles.
The Czech firm said the model “combines brand-typical virtues such as a generous amount of space, emotive design and well-balanced proportions with a sustainable yet fun driving experience.” It added that the machine offers similar interior space to the Kodiaq SUV, while being shorter than the Octavia hatchback.
The Enyaq nameplate is derived from the Irish name Enya, meaning ‘source of life’, with the ‘q’ at the end matching Skoda’s existing combustion-engined SUVs, the Kamiq, Karoq and Kodiaq.
The model is based on the Skoda Vision iV concept, which was revealed in 2019.


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Henry Schuck, Co-founder and CEO of DiscoverOrg, is a first-time entrepreneur who has bootstrapped his company to $25 million ARR, and then raised private equity financing from TA Associates. Henry sees a clear path to $100 million. Very inspiring story!
Sinclair Schuller, CEO and Co-Founder of Apprenda, built this enterprise software company with $55 million in financing from Upstate New York. He has raised funding from Silicon Valley, but without moving here. Listen to what he has to say about moving to the Valley.
T.M. Ravi is Managing Director and Co-founder of The Hive, a venture studio. The discussion touches upon a couple of key issues: the prevalent incubator/accelerator model of 3-month classes, we agreed, is bogus; and the Future of Work: Utopia or Dystopia?
Alexandre Wentzo, CEO of Casewise, an enterprise software company that started in London and has scaled in the US. The company is self-financed and did $24 Million in revenue last year. Our discussion focuses on some of the nuances of starting an enterprise software company in Europe and scaling it in the US.
Demitris Memos is CEO of MarineTraffic, a $5M+ revenue startup from Greece. Much of Southern Europe, especially Greece, is in economic trouble, and there is an exodus of talent. It is great to see Demitris’ success story against that backdrop.
Jon Ellis, Founder of Investorist, has raised ALL his equity financing from customers. This interview is very much worth listening to for those looking for alternative financing strategies besides Venture Capital.
Ludovic Huraux, Co-founder and CEO of Attractive World, and now Shapr, discusses his journey from conception to exit. Among his many interesting points was a specific highlight on how he raised money from 80 investors.
Stephan Goss, CEO of Zeeto, has bootstrapped a traffic arbitrage business to $42 million in 2015 revenue. If you are working on an affiliate marketing / lead generation type of business, this is a useful conversation.
Sergio Furio, Founder and CEO of Creditas is building a FinTech company from Brazil that has just closed its $19.5 Million Series B. The conversation was a great deep dive into the Brazilian entrepreneurial eco-system.
Shaul Weisband, Co-Founder and CMO of Jifiti, shares his journey and talks about the pivot that his company made early on and its impact on the investors.
Eric Frenkiel, co-founder and CEO of MemSQL, discusses his journey from pre-IPO Facebook to YCombinator to a thriving In-Memory database company that has successfully navigated a fat startup path.
Venky Balasubramanian, co-founder of Plivo, along with his partner, has achieved the amazing feat of growing a relatively fast growth business to well over $10 million in revenue with just $2M in Angel financing. What’s even more impressive is that they have done this with a convertible note, first $250K from angel investors in India, followed by $1.75M from investors in the Bay Area. The company operates in the US-India mode, and for those of you working in that style, many important lessons are discussed.
Jeremy Young, CEO of Tanga Network, which has bootstrapped a ~$30M a year affiliate marketplace. It’s a Groupon-like business, but with much more sustainable unit economics and business practices. Very interesting discussion on how and why!
Daniel Gulati, Principal and Head of Seed Investment Practice at Comcast Ventures, discusses e-commerce startup trends and what can and cannot be venture financed at this stage, and why.
Pallav Nadhani, CEO and Cofounder at FusionCharts, is someone I have known for a long time, and he will always have a special place in my heart as a young entrepreneur from Calcutta, where I was born and raised. Pallav has bootstrapped an $8 million a year product company from Calcutta, and we discuss the philosophical question “Is growth at all costs desirable?” I encourage you all to think about this question amidst the Unicorn mania raging in our industry today.

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“YOU’RE RUNNING THIS successful company — don’t you want to get married?” Yes, it’s 2021 and Melissa Butler, founder of The Lip Bar, is still answering that antiquated question with a question of her own: “Why can’t I have a dynamic love life and a dynamic career at the same time?”
In 2012, Butler departed her career as a Wall Street stockbroker to launch a cosmetics company that would challenge the very notion that such questions imply: that women and the beauty industry are monolithic. That to be a lover of makeup is to be disinterested in politics, social justice, and other substantive conversations at the forefront of our society. From its perch in the makeup department, The Lip Bar would be a brand that encouraged women to shatter these standards. “There are all these parameters that are set up for women,” Butler says. “So for us, it’s always been about challenging the standard as it relates to everything from makeup to voting. If you don’t like the representation — whether that’s not seeing enough diversity in the beauty category, or if you don’t like the way our country is run — you should be empowered enough to know that you matter enough to be able to make that change.”
With a line of products that complement a vast range of skin tones — the brand offers 16 (and counting) shades of nude lipstick and 26 foundation hues — The Lip Bar’s commitment to diversity and inclusion is evident. Butler has also launched initiatives, such as a partnership with Michelle Obama and When We All Vote, that encouraged voter registration in the 2020 election. And last June, Butler co-founded TheBlkPact, a nonprofit organization encouraging consumers to shop Black-owned businesses whenever possible. “We have to understand that as women, we have power even when the world is trying to convince us that we don’t,” she says.
It’s safe to say Butler has mastered the dynamic career part. The Lip Bar has grown to become an award-winning, celeb favorite sold online and at major retailers, such as Target, with new products in development. “My favorite product that we’re launching in February is this highlighting skin serum that you can apply to your face for that no-makeup-makeup look that just gives you a slight glow,” Butler says. And with her eyes set on a dynamic wedding day down the line, Butler knows just the product she’ll turn to. “My future wedding is going to be on an island, and it’s going to turn right into a party vacation. I’ll be wearing Boy Trouble. It’s a fiery red, so it’s so much fun and tropical and fits into that scenery I plan on getting married in — plus, it’s a fun play on words.”
To learn more, visit The Lip Bar’s Detroit flagship store or thelipbar.com.
Bridal Beauty Tips
MAKE IT LAST.
Logistically speaking, if you’re getting your makeup done in the morning and planning to dance the night away, Butler says it’s important to choose products with staying power. “Our Quick Liquid Eye Shadows [$12 each] are really cool because once you put them on, they basically stay the whole day. It’s also the perfect eye shadow moment on a highly emotional day when you’re probably going to cry.”
KEEP IT FRESH.
Butler says The Lip Bar Skin Serum Foundation ($28) offers the perfect finish for a bride seeking a natural look on her big day. “Our foundation allows you to look like you. It has hyaluronic acid, so your skin will look vibrant and healthy.”
“I’m excited to see women starting to be more expressive on their wedding day,” Butler says. Rather than the traditional nude lip, Butler has enjoyed seeing women embrace bold reds, such as The Lip Bar’s Liquid Matte lipstick in Boss Lady ($13), for their big day. “People are taking a little bit more of a risk and showing their personality on their lips.”


text: Babies Safety Car Safety Newborns Are Going Home in Fake Car Seats—Here's What Parents Need To Know Hospitals have sent out warnings about counterfeit car seats they've seen during safety checks. Here's what fake car seats are and how to avoid accidentally buying one. By Julia Pelly Updated on February 5, 2023 Fact checked by Karen Cilli Share Tweet Pin Email Photo: Jessica Byrum/Stocksy While online ads and your friend's baby registry might have you believe otherwise, there are only a few things you absolutely need during your baby's first year of life. A good baby carrier, diapers, wipes, a few outfits, and a car seat are some of the most critical items. When parents are shopping for these must-have baby items, they usually trust that what's on the market is safe to buy. Unfortunately, that's not always the case. Experts say parents need to be on the lookout for counterfeit car seats—an important message in time for National Child Passenger Safety Week, this year taking place between September 18-24. In the past few months, hospitals across the country, including in Texas, Ohio, and Florida, have sent warnings to their communities about the numbers (mostly in the dozens) of counterfeit car seats they've seen during the routine safety checks conducted before sending newborns home. These car seats, created to look like familiar, popular brands, are often flimsy, made of sub-par materials, and not able to withstand the force of a crash. "These seats are not federally regulated in the U.S.," says Courtney Gleaton, injury prevention coordinator and certified child passenger safety technician (CPST) at Orlando Health. "They offer little to no protection to a child in a crash and, when crash tested, these car seats have been shown to shatter into many pieces. Many have been found to have high levels of chemicals and have highly flammable materials for padding." Despite this, these car seats look real enough to fool many parents. Here's what you need to know about counterfeit car seats. How to Spot Fake Baby Products Online What Are Counterfeit Car Seats? Car seats sold in the United States have to meet regulatory standards set by both the Consumer Safety Product Commission and the National Highway Traffic Safety Administration. These agencies require extensive testing to ensure that the babies who ride in the car seats will be as safe as possible in the event of a crash. Other countries have their own regulatory agencies that govern car seat manufacturers. So, for example, while European-made and tested car seats may look different than American car seats, when they are used properly they are safe (but not legal) in the U.S. Since they've been tested and are made by the manufacturer they claim to be made by, these are not considered counterfeit car seats. Car seats that have been manufactured in other countries and sold in America, but that have not been tested to meet regulatory standards anywhere are considered counterfeit car seats. These car seats are often designed in color and style to look like popular U.S.-based brands and may even bear the same name, though some appear to be unbranded. Why Are Counterfeit Car Seats on the Rise? Counterfeit car seats are not a new issue, but the rise of online shopping (especially since the COVID-19 pandemic encouraged people to stay home as much as possible) and the ability of online stores based outside the United States to sell directly to American consumers has exacerbated the issue. The rising cost of living, without a rise in wages, has also left many parents looking for lower-cost options for the items they need. Since counterfeit car seats are usually sold at much lower prices than their legitimate counterparts, parents are susceptible to getting a counterfeit seat while looking for a good deal. How Can You Tell if Your Car Seat Is Counterfeit? If you recently purchased a car seat, you may be wondering how to be sure your baby's seat is legit. "All car seats manufactured in the United States are required to have a sticker or label on the seat that states the manufacturer's name, address, and phone number," says Alisa Baer, M.D., a pediatrician and co-founder of The Car Seat Lady. "If this sticker is missing, that's a huge red flag." Parents can also look at the paperwork that came with the car seat for clues that it's legitimate. "A car seat manual and registration card will be included in all federally compliant car seats in the U.S.," says Gleaton. "If your car seat did not come with a registration card and/or car seat manual, there is a high probability that it is counterfeit." How To Avoid Buying a Counterfeit Car Seat Generally, if you're shopping in-person or online through a U.S.-based store, you can feel confident that the car seat you're buying meets U.S. safety standards. Opt for authorized sellers like Buy Buy Baby or via manufacturers' sites directly. Counterfeit car seats are largely sold through third-party sellers on popular shopping sites (that includes Amazon and Walmart) or on stand-alone sites that have red flags like misspellings in the product descriptions, very long shipping times, or bad reviews/scam warnings when you Google them. Another clue that a car seat you're considering is not legitimate is a price that's far lower than you're used to seeing. "If the price looks too good to be true, it probably is," says Dr. Baer. While U.S.-based retailers will sometimes have sales on car seats, many counterfeit car seats are sold at well below the price of the model they're imitating. Car Seat Safety Check: 9 Most Common Mistakes to Avoid What Else Parents Need To Know About Car Seats While counterfeit car seats are a major problem, a far more widespread issue is the improper use of car seats that are tested and approved. Research shows more than half of car seats are not installed correctly and nearly half of car seats and booster seats are misused. "Using a car seat properly is more difficult than most parents realize," says Dr. Baer. "Studies show that second and third-time parents make the same mistakes in installation and harnessing as first-time parents." And yet, proper car seat use reduces serious and fatal injuries for kids by up to 80%, according to the Centers for Disease Control and Prevention (CDC). If you want to be sure you're using your child's car seat properly and keeping them as safe as possible, there are things you can do: "Reading the car seat's manual, watching installation videos by the manufacturer or a CPST, and getting the installation checked by a CPST are ways to increase the chance that your child is riding as safely as possible." Was this page helpful? Thanks for your feedback! Tell us why! Other Submit Sources Parents uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Read our editorial process to learn more about how we fact-check and keep our content accurate, reliable, and trustworthy. Car seats and booster seats. National Highway Traffic Safety Administration. How to know if your child's car seat meets U.S. standards. Consumer Reports. 2019. Are mHealth interventions to improve child restraint system installation of value? A mixed methods study of parents. Int J Environ Res Public Health. 2017.


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Bessemer Venture Partners
Mass transit has made a rebound with the return of city life post-COVID 19, and today a startup that’s building tech to help it run more smoothly is announcing a big round of funding to meet the
Teleport, a platform that assigns identities to hardware, software and users to replace the need for passwords, today announced that it raised $110 million in a Series C fundraise at a $1.1 billion po
Demostack, a San Francisco, California-based startup creating a “demo experience” platform for software-as-a-service (SaaS) sales teams, today announced that it raised $34 million in a Ser
CEO Guru Hariharan sees the $4.5 trillion retail industry at a massive inflection point.
Husband-and-wife co-founders Chris and Jenny Stanchak started Loveseat back in 2013 as a vintage furniture business that they pivoted into an auction marketplace.
Disco used to be Co-op Commerce, and leadership says the new name better reflects the company's focus on consumer discovery.
Astrix Security, an Israeli cybersecurity startup that provides access management for third-party app integrations, has emerged from stealth with $15 million in funding. The startup was co-founded in
If you’re a founder building a startup in the cloud and pinning your revenue on subscription-based services, annual recurring revenue (ARR) is an essential metric you need to understand. ARR is prob
Databook brings a "Moneyball" approach to the way sales reps interact with clients
VendorPM, a Toronto-based marketplace that connects property managers with reputable vendors, has raised $6 million in seed funding led by Bessemer Venture Partners. The software-enabled marketplace a
While plant-based versions of chicken and beef have become popular in recent years, Black Sheep Foods believes that meats, like lamb and other game, were left behind by the trend.
Israeli startup Firebolt has been taking on Google’s BigQuery, Snowflake and others with a cloud data warehouse solution that it claims can run analytics on large data sets cheaper and faster th
Cybersecurity startup Hunters today announced that it has raised a $68 million Series C round led by Stripes. New investors DTCP, Cisco Investments and Databricks also invested in this round, together
Quite a number of earlier-stage deals are going to get done at prices that might not make sense in a few months.
Rupifi has raised $25 million in a new financing round as the Indian startup, which currently provides buy now, pay later service to several marketplaces to serve their merchants, looks to expand its
Paying bills is hardly a fun thing. So I think it’s safe to say that any technology that can make the process easier is welcome by all. Papaya is a Los Angeles-based startup with a mission to do jus
Ottawa-based Gadget, a developer productivity company founded by two former Shopify employees, has raised $8.5 million in seed funding. The funding round was led by Sequoia Capital and Bessemer Ventur
Torq, a Portland, Oregon-based no-code security automation startup formerly known as StackPulse, today announced that it has raised a $50 million Series B round led by Insight Partners. New investor S
The “oil bidness,” as they say in Texas, is so 20th century. Data, artificial intelligence and machine learning are the power triad fueling the future. If you’re an investor placing bets on the
Netlify came early to the idea of separating front-end design and back-end business processes on websites. It embraced Jamstack and microservices when those technologies were not well understood. It&#


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Workers accuse Capital Grille of racial discrimination
Reuters 7:35 a.m. CST, January 31, 2012
A restaurant workers group said it will sue Darden Restaurants Inc. in federal court in Chicago on Tuesday, accusing the company’s high-end Capital Grille steakhouse chain of racial discrimination and violations of state and federal labor laws.
The action will pit Restaurant Opportunities Centers United, a vocal advocate on industry wages and working conditions, against one of the largest and most respected U.S. restaurant companies.
The lawsuit will charge that white workers have lucrative “front-of-house” positions such as waiter or bartender, while many lower paying “back-of-the-house” jobs like washing dishes or preparing food are given to people of color, said ROC, which will bring the lawsuit on behalf of members who are Capital Grille employees in Chicago, New York City and Washington, D.C.
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Are grain markets seeing a squeeze?
Andrew Cox reports the differences being revealed between air cargo and airline passenger business recovery. Cox says cargo saw less of an impact from the pandemic so the recovery has been sharper than for passenger flights.
Echo Global Logistics has reported great growth in earnings, showing increases in volume, total revenue and truckload revenue.
LTL provider Old Dominion also posted great fourth-quarter earnings, posting a 76.3% operating ratio in Q4 and total revenue growth of 6.4%, with operating income soaring almost $70 million.
Hill and Vincent welcome Transportation and Intermediaries Association President and CEO Anne Reinke to the show to discuss how she is settling in to lead TIA. The association is a middle ground between brokers and carriers.
Reinke says she has spent her first few months at TIA building up trust between her team and creating a culture centered on teamwork. For the next year, Reinke plans to work with the federal government to encourage growth in the trucking industry.
Jared Flinn, managing partner at BulkLoads.com, joins the show to talk about grain markets and agriculture expectations for the upcoming spring. Flinn says it has been a banner year for farmers so far, especially in the grain and corn markets.
Some exporters are seeing problems getting goods across the Pacific, but Flinn says that is not the case for farmers. “Most of these guys are selling everything they’ve got,” he says, citing record purchases of U.S.-grown corn from China.
Flinn expects there to be a massive slowdown in agriculture sales through the next few months thanks to the massive sell-off currently going on.
You can find more Midday Market Update recaps and recaps for all our live shows here.


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OMAHA, Neb. (WOWT) – Construction on I-80 near the 84th Street exit is already causing headaches for some business owners.
The Nebraska Department of Transportation is making huge changes to several bridges along I-80. The largest is the 84th Street Bridge.
The only ramp at this exit that will remain open is the westbound exit ramp. The rest will be closed until November.
And some say it will be bad for business.
“I feel like this is going to impact a lot of business. I feel like it’s going to impact me just to get to work or just to get to 84th Street, ”said Jennifer Miller.
Jennifer Miller works at Selectel Wireless near 84th and F streets. She says construction may be enough to keep people away from area businesses.
“Just the people who are trying to get here are going to be more difficult for them because we have people who come from all over North Omaha and so it’s going to be more difficult for them to get here. headache.
Just up the street is Taylor’s Flower Shop. Employees here say the biggest problem they expect is their delivery drivers.
“Fortunately our delivery drivers know Omaha like the back of their hand, so hopefully it doesn’t get crazy, but it will definitely have an impact and it will be a slight challenge to change our route,” said Linden Sitzmann, who works at Taylor’s Flower Shop. .
Other business owners say people will find a way to get to the many family owned shops along 84th Street.
“Maybe a week or two later you’ll be fine,” said Basim Alebadi, owner of a grocery store in Greenland.
Traffic will be one-on-one with three lanes in both directions from 78th to 87th Street along I-80 for 50 days. There is no official detour, but the 84th Street businesses say the 72nd Street exit will likely be your best bet.
The NDOT said it will reduce the speed limit in this construction zone and that drivers should expect delays. They encourage as many drivers as possible to consider an alternate east and west route, and advise all through traffic to use Interstate 680 to bypass Omaha instead.
Copyright 2021 WOWT. All rights reserved.


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The Nokia ENIGMA THING and its SECRET, TERRIBLE purpose
Finnish firm coyly exposes mystery product – and WE NO what it is
Ever since Nokia sold its Devices'n'Services unit to Microsoft, fans of the one-time Finnish titan have been wondering whether it will be able to regain its position as one of the world's biggest tech names. But with its surprise tweet of a mystery product on Monday, online buzz has gone into overdrive.
The Twitter post features a photograph of what looks like a black Mac Mini box with rounded corners and the familiar Nokia logo stamped on top, accompanied by the message, "Guess what? We're up to something."
There's no other text except the hashtag #thinkingahead and a link to the website of the Slush 2014 conference in Helsinki, Finland.
So what could this mystery project be? Here at Vulture Annex in San Francisco, we put our finest brains together to come up with a few possibilities. In no particular order, here are our best guesses.
1. Oh God, it's a PC
With Microsoft dreaming of double-digit penetration into the smartphone market, now may be the time for Nokia to pounce in the other direction. A new, ARM-based desktop system could be just the thing for Nokia to breathe new life into its moribund Symbian OS, especially if it went with a 64-bit CPU – for, uh, processing Big Data. From the Internet of Things.
2. An alarm clock
That "up to something" line could be a dead giveaway. Most people check the time on their phones these days, rather than on wristwatches. So who has more experience telling people the time than Nokia? The Finns could be planning the ultimate bedside accessory, offering split-second accuracy to make sure you get "up to something" on time, every time.
3. Something you plug into a TV
Apple has no monopoly on rebranding Foxconn-built kit, and Nokia's mystery product does bear more than a passing resemblance to the Apple TV. It could be that the Finns are looking to get into the streaming media business, what with the acres of market space between all the HDMI sticks, set-top boxes, video storage boxes, Google's Android TV and Nexus Player, and more.
4. A virtual smartphone appliance
Microsoft may have bought Nokia's phone business but that doesn't mean the Finnish firm can't bring people the mobile experience. By offering a box that provides remote access over VPN to any smartphone, Nokia could help ensure that Instagram-hungry customers can stay glued to their apps 24/7 ... even when they've lost their phones.
5. A marijuana vaporizer
In the US's recent mid-term elections, Alaska, Oregon, and the nation's capital of Washington DC all voted to legalize cannabis. This could be an ideal opportunity for Nokia to apply its consumer electronics prowess to the nation's latest legal pastime. Watch out for possible marketing spots featuring Snoop Dogg.
Sometimes a box is just a box. Microsoft hasn't managed to make much of a splash with its Lumia smartphones, but demand for pizza remains strong worldwide. What better way for Nokia to regain its stature than by delivering one of the world's most popular foods in unique, modern packaging?
7. A food replacement
But maybe pizza isn't thinking forward enough. Customers have waited months to get their supply of Soylent's food-replacing gloop. Maybe Nokia is planning to get in on that market? Just imagine sinking a cake knife into that velvety black square and slicing off a wedge of nutrient-rich gelatinous goodness, straight from Espoo, Finland.
8. A coffin
Landfills everywhere are becoming home to countless plastic and glass quadrangles as smartphone freaks upgrade their mobes to newer models each year. Now you'll be able to go to your final resting place in the same slick style as your last Windows Phone, thanks to a padded pine box from Nokia with 21st-century styling. 4G LTE connectivity optional.
9. Microsoft's next CEO
Many expected ex-Nokia CEO Stephen Elop to get the top job at Microsoft after Steve Ballmer stepped down. But although that job eventually went to Satya Nadella, Nokia might still be planning to seize the reins in Redmond. Its new device could be an AI appliance that comes preprogrammed with phrases like "devices and services," "experiences," and "universal apps" and can respond to Microsoft's current share price in real time, complete with a reassuring Siri-like voice.
Got other ideas of what Nokia could be up to? Leave them in the comments, but from the sound of it you won't have long to wait to find out what the Finns really have in store. The Slush 2014 conference takes place on Tuesday and Wednesday in Helsinki, and Sebastian Nyström, Nokia's head of product business, is due to give a 20-minute talk on Tuesday. ®


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DTI, Robinsons Department Store
launch first Go Lokal! store for MSME dev't
MANILA—Department of Trade and Industry (DTI), in partnership with Robinsons Department Store, launched its first Go Lokal! store in Robinsons Place Manila on March 24.
Go Lokal! is a public-private collaboration between DTI and local retailer partners. Among its partners, Robinsons Department Store, an affiliate of Robinsons Retail Holdings Inc.,is the first to launch the project in a mainstream outlet. It serves as incubation, marketing, and branding platform for the best of Philippine micro, small and medium enterprises (MSME) products including next generation One Town One Product (OTOP) offerings.
Go Lokal! stores showcase modern and indigenous quality products crafted, designed, and created by innovative Philippine MSMEs. It can be found in consumer-frequented locations as a mainstream distribution channel for world-class Filipino products while offering value for money for targeted consumers and tourists.
"DTI is excited to open its first mainstream Go Lokal! store with Robinsons Department Store as its dynamic partner in this effort of maximizing market access and providing exposure to our MSMEs. Go Lokal! is truly a vibrant model for MSME development and inclusive business. We are happy that committed partners like Robinsons have taken on this challenge. We look forward to opening more outlets in their malls and department stores across the country," said DTI Secretary Ramon Lopez.
The trade chief also said that aside from providing market access for MSME products, the Go Lokal! program is a platform for new entrepreneurs to test the marketability of their products without the fear of losing rental and commercial costs because their experience is free of charge.
The market access platform is set to revolutionize the way hard-to-find and artisanal Filipino products are sold in the local market. The design-led concept store will bring together a specially-curated line-up that ranges from food, apparel, accessories, home décor, gadgets and gift items.
"This is Robinsons way of featuring world-class locally-made quality products by our MSMEs. Go Lokal! supports Filipino entrepreneurs into their initial foray into more mainstream markets making them more accessible to both local and foreign consumers. The diverse product line of Go Lokal! brings together the best products that the Philippines has to offer," said Mr. Johnson Go, General Manager of Robinsons Department Store.
"Ultimately, it's all about accessibility and opportunity for MSMEs, both of which you need to be successful in retail. Go Lokal! is one way for DTI and Robinsons Department Store to give assurance to these business owners that they have support from both the government and the private sector so they may profit from ventures that they are passionate about," Robinsons Department Store President and COO Robina Gokongwei-Pe said.
Portion of Go Lokal! revenues will go to various corporate social responsibility (CSR) projects of Robinsons Department Store including the government's drug rehabilitation program.


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Expansion at tech firm to create jobs in Nottingham
Nottingham technology firm Solutions for Retail Brands (S4RB), which counts Boots, Waitrose, Asda and Walmart among its clients, has announced plans to boost its team by around 30 per cent to meet rising demand for its services.
The company, which develops cloud-based software solutions and consultancy services for retailers to improve relationships with their own label suppliers and customers, has reported a 40 per cent increase in orders year-on-year.
This growth has largely been attributed to new UK retail customers and the firm’s strong performance in the North American market, which recently led to the formation of a separate US division, Solutions for Retail Brands Inc. (S4RB Inc.) in Dallas-Fort Worth, Texas.
As a result of the continued growth, new roles have been created in the development, professional services and client success teams, with opportunities to work in the US or at the firm’s headquarters in Nottingham.
Managing director James Butcher explained that the additional team members would play a vital role in helping retailers to deliver game-changing own label products:
“Our solutions, which are a combination of expert consultancy and software, are designed to give supermarket private brand teams the edge in a sector that has never been more competitive.
“As margins come under attack and with customer expectations at their highest ever levels and a renewed focus on product quality and performance, retailers have to work hard to stay ahead of the game – and that’s not going to come from relying on the same thinking that got them where they are today.”
Butcher added: “In the past two years, our workforce has more than doubled in size and on top of the planned growth, we are looking at creating an additional eight to 10 positions before the start of the next financial year.
Since it was established in 2006, S4RB has delivered year-on-year growth every year. Earlier in 2017 it secured a seven-figure investment to support its US expansion and investment in a research project in conjunction with the Universities of Nottingham and Derby to increase predictive analytics and consumer insights around consumer feedback on private brand products. The firm is a pioneer of a ‘one team’ approach that brings retailers closer to their suppliers and customers, and has recently been pleased to add the Co-op to the list of retail private brand customers.
“Over the coming 12 months, we hope to grow a further 40 per cent, bringing in more customers from across North American and Europe, by improving product functionality, including data analytics tools that can alert users to hidden opportunities,” added Butcher.


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Synology's RT-2600ac wireless router reviewed
One might not think of Synology when one thinks of wireless routers, but the company's RT-2600ac promises strong performance controlled by an easy-to-use interface. We...
Asus' RT-AC88U router & RP-AC68U repeater reviewed
Asus sent us some of its best wireless networking gear to help us boost internet coverage at the annual TR BBQ. Join us as we...
Revisiting the Killer NIC, eight years on
Killer-powered Gigabit Ethernet ports can be found on many gaming-focused motherboards and laptops these days. We talked to Killer Networking about the details of its...
Intel aims to reinvent the data center
Last week, Intel hosted an event for press and analysts where it provided some updates on the state of its data center business. Then...
Bigfoot Networks' Killer NIC
FOR YEARS, GAMERS, enthusiasts, and even mainstream users have been getting their networking for...
|Silverstone's Strider Titanium PSUs are ready for a high-power future||6|
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|G.Skill readies up for X299 with quad-channel DDR4 at 4200 MT/s||11|
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|Windows Insider Build 16226 gives users a look at GPU utilization||21|
|Steam's 2017 Summer Sale is downright hot||45|
|Asus XG-C100C NIC breaks the gigabit barrier||33|


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Publishers are trying to move metrics away from clicks, showing that native ads benefit brands through added exposure, shows Q1 study.
Be afraid, video marketers. Auto-playing video are one of the most annoying, most loathed types of ads, and soon Google Chrome might block them by default.
Programmatic’s advances could be swept away if providers can’t show they’re serious about brand safety. One marketplace backs up its promises with credits.
Led by strong sports streaming, online video saw big increases in content and ad views last year. But publishers need to figure out the optimal ad load or risk alienating viewers.
The live streaming platform just for brands takes the wraps off a new version. Brands will benefit from an improved dashboard, richer analytics, and the ability to simulcast to social platforms.
Millennials love their devices, viewing more mobile videos every day. Now, advertisers can buy spots on a programmatic vertical video exchange through 150 DSPs.
ThinkInsight, a new modular platform from ThinkAnalytics, aims to give marketers and content providers an up-to-the-minute view of customer behavior.


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Google Stadia is an exciting prospect - 4K, 60fps gaming via any screen connected to the internet. But as with so many things, Stadia's reality may not match the theory.
Broadband Genie, with some help from Eurogamer readers, conducted a survey of more than 3000 gamers to try to get a sense of whether or not people's broadband speed is, generally, good enough to run Stadia well. The results were interesting!
But first, what has Google itself said is required to run Stadia? Recently, the company announced the speed you'll need for the PC gaming equivalent of a "minimum" spec, as well as a "recommended" spec and an "ideal" spec.
The "recommended minimum" is 10Mbps, according to Google. That'll get you a 720p, 60fps experience with stereo sound through Stadia.
20Mbps gets you 1080p, 60fps, Google said, as well as HDR video and 5.1 surround sound.
35Mbps gets you the best experience, according to Google: aka 4K resolution, 60fps, HDR video and 5.1 surround sound.
So, onto the results of the survey. 83 per cent of respondents expressed some level of interest in Google Stadia, but almost a quarter (22 per cent) are currently using ADSL or mobile connections that will only support the lower quality visuals - and may even struggle to reach the minimum bandwidth requirements for the service.
Even if these people move to fibre, which you'd imagine they'd want to if they were going to get Google Stadia, they're still looking into performance that fails to match that offered by a traditional console.
The survey included a speed test on respondents' home connection, and of those who carried it out (2138 respondents), almost a third (29 per cent) failed to reach the 35Mbps required for 4K gaming. 17 per cent reported speeds under 20Mbps.
Broadband speed, then, is of primary concern when it comes to Stadia. Of those who said they were not interested in Stadia, 34 per cent cited their broadband speed as the reason. Even among those who were interested, 26 per cent thought their broadband was too slow, and 71 per cent were concerned performance and visual quality would be compromised.
All this and we haven't even got to the potential impact on data caps - particularly if you're streaming a video game in 4K.
Clearly, there are enticing benefits to video game streaming. No downloads, no installation, no waiting for annoying updates to crawl down the pipe - and no console. But there are drawbacks, too. If your broadband isn't up to much, you could be left with a sub-par experience, certainly compared to a current-gen console.
Advertised broadband speeds are one thing, but the reality for many people is a slower internet. If Google really wants Stadia to take off as a mainstream global platform for millions to play video games on, it'll have to be mindful of the millions whose internet may struggle to provide a console-quality experience.


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New Fiat Platform for Jeep Compass and Patriot Will be "100% Jeep"
Date 2011/1/12 15:53:00 | Topic: Patriot
|According to Jeep top dog Mike Manley (in an interview in Automotive News), despite the fact that it will be based on a Fiat platform, replacements for the Jeep Compass and Patriot will be developed in house by Jeep engineers.|
Although the replacement for the Jeep Compass and Patriot will come from a front-wheel-drive Fiat car platform, Jeep CEO Mike Manley wants to be very clear about its Jeep bona fides and off-road capability.
"Even though the technology and the platform is Fiat, it will be 100 percent Jeep," Manley said. The vehicle, he added, will be developed by "pure Jeep engineers. That's why product stays here in the U.S."
In about 18 months, the new Jeep will replace both the Compass and Patriot compact crossovers, which share a platform, engine and optional equipment. Those vehicles offer both fwd and all-wheel-drive configurations.


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When it comes to luxury, who doesn’t love a good splurge? And what better way than to treat yourself to a stylish, luxurious new car? Keeping up with the latest luxury car launches, here are a few celebrities who gifted themselves swanky new cars this year.
Aside from being the man that never ages, Anil Kapoor is also a doting husband! On her 55th birthday, Sunita Kapoor was received with a pleasant surprise, a black Mercedes Benz GLS from husband Anil Kapoor, which currently costs Rs1 crore.
Adding to his collection of luxury cars, actor Arjun Kapoor was recently seen touring in his all-new Land Rover Defender SUV costing Rs1 crore, which was said to be a pre-birthday gift for himself.
As a treat to himself after his negative Covid test, Kartik Aaryan bought the swanky Lamborghini Urus that cost him a whopping Rs4.5 crore, plus another Rs50 lakhs to have it shipped from Italy.
Kareena Kapoor Khan and Saif Ali Khan
Being one of the most stylish couples in the industry, Saif and Kareena never fail to impress us. After becoming proud parents to a baby girl, the couple was seen taking a drive in their all-new Mercedes- AMG G63 which costs ₹2 crores.
Known for his swanky car collection, actor Shahid Kapoor adds another one to the list; a BMW X7. Priced at Rs90 lakhs, the BMW X7 exemplifies luxury with its panorama glass roof and full-LED rear lights giving it a classy, modern look and feel.
Another actor known for his enviable collection of cars is Prabhas. Adding to his prized possessions, the actor recently bought himself the Lamborghini Aventador S Roadster costing Rs6 crores, and took it out for a drive, which as expected was a rage all over Instagram.
Sara Ali Khan
Choosing versatility and luxury all in one, actress Sara Ali Khan inaugurated her brand new Mercedes G-Wagon G350d at Varun Dhawan’s house party. The luxury SUV, which costs Rs1.3 crore seems to be a favourite among many celebrities, especially for its sharp, boxy design.
Beyoncé & Jay Z
Adding to the luxurious lifestyle, American singer Beyoncé and her husband Jay Z are the new proud owners of the ultra extravagant Rolls Royce Boat Tail, which is only the most expensive car in the world costing a whopping $28 million dollars. The custom Boat Tail is said to have taken more than four years to hand build, manifesting luxury and nuance into the customization.


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With the disclosure of September’s advertising page totals came the usual hyperbolic boasts from publishers eager to wow female readers, advertisers and the press. The issue is “the second largest in Vogue’s history” chirped a press release from Condé Nast — 665 ad pages. Not one to be outdone, Hearst Corp. claimed “the biggest issue of Elle ever” — 442 pages — “and the biggest issue ever published by Hearst Magazines.”
As advertising trend reports have gotten more dire every year, publishers are aggressively broadcasting successes where they can find them with fashion magazines as the exception to the decline. In the first half of the year, total advertising pages declined 4.9 percent, according to Publishers Information Bureau, but the big fashion titles were the exception to the trend, posting upticks that were decent, if smaller next to last year’s comparatively blockbuster numbers. Read on to find out how your favorite fashion magazines are doing this September.
The overall percentage gain this year for powerhouse Vogue is not in the double digits, but 1 percent, or five pages more than last year at 663 pages. Elle posted an increase of 12 percent for a total of 442 ad pages. Harper’s Bazaar, also posted a double-digit increase, 10 percent to 397. Marie Claire continues to be a headache for competitors — with 246 pages, 13.5 percent above last year. Vanity Fair, can expect a lucrative October with the magazine’s 100th Anniversary Issue but its September, touted as its style issue, also had a healthy margin, up 5 percent to 234.
InStyle’s September issue ended up with 455 pages, about a 3 percent increase from last year’s 440. W’s new publisher Lucy Kriz, reported 288 pages, up 17 percent. Glamour is boasting an 18 percent gain over last year, the largest rally percentage-wise at 4 Times Square, for a total of 224 pages. Cosmopolitan’s 171 pages may be on the thinner side, but fashion advertising has increased 26 percent and a 16 percent rally from last year.
People StyleWatch reported 190 pages, up 3 percent; Allure had 147 pages, up 12 percent; Town & Country had 113, up 14 percent; Lucky had 137, up 1 percent, and Women’s Health, from Rodale, normally one of the most anemic of the women’s books, claimed about 88 pages, up a whopping 48 percent from last year’s low point of 63 pages. Redbook at 88, up 0.2 percent from last year. Among the teen magazines, Teen Vogue continues to beat Seventeen, 162, a 12 percent increase, to 110, up 2 percent.
Resurgence of advertising can also be seen in men’s magazines as well, Esquire delivered a 26.5 percent increase for 124 pages and Details saw a 6 percent gain for 148 pages, while GQ, at 205, posted a 1 percent gain Between the fitness titles, Men’s Fitness and Men’s Health, the latter is still winning their match, 89 to 80.
“Fashion is our bread and butter,” Details magazine Editor-in-Chief Dan Peres said. “Our readers aren’t coming to us for a 5,000-word piece on the Syrian conflict. They’re coming to us for luxury fashion.” It doesn’t hurt that advertisers will lap it up, too. “Surely our marketing partners aren’t going to be disappointed,” Peres said.


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Richmond cookshop picks bestselling kitchenware for food preparation.
Finalists announced for The Excellence in Housewares’ Innovation, Marketing and Service Awards.
Taylor’s Eye Witness joint md, Alastair Fisher takes on trade association presidency.
Retail Initiative finalist is working with a local school towards zero waste lunchboxes.
Tunbridge Wells cookshop reveals bestsellers in sustainable products.
Prep Cookshop and Richard Dare pick six bestsellers in sustainable products.
Several retailers select their stand out products and show highlights.
Increase in influencers and consumer press fuelled shows’ higher overall attendance.
Lorraine Pascale, Jeremy Pang and Queen of Clean enjoy this week’s Exclusively Housewares and Exclusiv


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Gu Shengzu, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), led some members of the committee's reading group on digital economy in Beijing on a survey trip to the leading telecom operator China Unicom on Oct 14.
Gu quoted an old saying -- "travel thousands of miles and read thousands of books" to affirm the survey trip of the reading group as a complement to theoretical study. He said the visit would help the group figure out topics for next year's surveys.
Though there is no unified definition of the digital economy, it is an established fact that China is emerging as a global leader in its development, especially in the field of consumer internet, according to Gu.
He urged efforts to advance industrialization of digital technologies, digitization of industries and digital governance in the digital economy's second development phase.
Gu said China has made significant achievements in unitizing digital technology in epidemic prevention and control and helping governments' governance during the anti-COVID-19 fight.
He highlighted cloud computing technology and its application in many grand online meetings during the epidemic outbreak.
Gu compared the 4G and 5G technologies to "building roads" and "constructing towns" respectively, adding that developing the digital economy is like creating a healthy ecosystem.
China should seize the opportunities brought about by the fourth industrial revolution and try to be a pioneer in the digitalized, smart and internet-powered development, Gu noted.
Copyright © The National Committee of the Chinese People's Political Consultative Conference.
All rights reserved. Presented by China Daily.


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PayPal President Scott Thompson has made a prediction: By 2015, the wallet will become a thing of the past. The implication is that the prediction is for the United States.
PayPal now has more than 100 million active accounts.
We believe that by 2015 digital currency will be accepted everywhere in the U.S. – from your local corner store to Walmart. We will no longer need to carry a wallet.
How confident are we in achieving this goal? So confident that we’ve asked five Bay area employees to embrace a digital lifestyle and use only digital currency to pay for all of their purchases. The five lucky winners will be announced at an employee event on July 11th.


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The New York Times reported on rising orange juice prices, and included these statistics about grapefruit:
"The orange industry’s problems follow those of the grapefruit industry. The grapefruit crop, which was down substantially last year because of hurricane damage, is recovering somewhat this year. Where last year’s crop was 19 million boxes, this year’s should be in the range of 26 million boxes, Mr. Meadows said.
"But last fall, with the grapefruit crop down substantially, consumer demand for grapefruit juice plummeted by as much as 30 percent after prices increased 20 percent and more."
In other words, a price increase of 1 percent resulted in a demand decrease of 1.5 percent.
The San Francisco Chronicle's David Baker reported on a survey of gasoline prices and purchases. As you would expect, consumers react quite differently to rising gasoline prices than to rising grapefruit juice prices.
"The Davis study examined two periods of rising prices: 1975 to 1980 and 2001 to 2006. In each, it examined the 'elasticity' of demand -- the amount that gasoline use changes as prices rise or fall.
"For every 10 percent increase in price during the late 1970s, demand fell 2.1 to 3.4 percent, researchers found. But in the past five years, every 10 percent price increase drove down gasoline purchases by a mere 0.34 to 0.77 percent."
A 1 percent price increase for gasoline resulted in a demand decrease of between 0.034 and 0.077 percent (30 times less than the change for grapefruit juice), a classic example of inelastic demand. In most parts of the U.S., there is no substitute for gasoline, so people just grumble a bit about high prices and keep driving. To be sure, paying more for one good will affect purchases of other goods, and so the extra money spent on gasoline will prevent expenditures on luxuries like grapefruit juice through substitution of a cheaper juice or abandonment of breakfast juice entirely.
That people responded differently to higher prices in the 1970s than they do today caught my eye. Christopher Knittel, a economist at University of California, Davis and one of the report's co-authors, had this to say about on the difference in demand changes for the two decades:
"We tend to live farther from our jobs now, so if the price of gas goes up, I'm still forced to drive to work," Knittel said. "There's not much discretion."
The difference also could be connected to the rising number of dual-income families. "Now it's two people who can't change their behavior," Knittel said.
The grapefruit photo is from Ms. Tea's Flickr collection and the gas pump photo is from Racoles's Flickr collection. Both photos are subject to a Creative Commons License.
Indexed under Other
Technorati tags: Food


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This is the Nium pitch deck to raise a $200m series-d round in 2021.
Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium pride itself on creating financial infrastructure for every level of sophistication.
Nium has created a payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling them to reduce cross-border money transfer costs by up to 80%.
The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India, and Singapore. It is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR Ventures, and SBI-FMO Ventures. Its services and business model have been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.
The Singaporean payments startup Nium has become Southeast Asia’s first business-to-business payments unicorn.
The company has raised $200 million in fresh funding in a round led by Menlo Park’s Riverwood Capital.
Nium is a payments platform that enables cross-border payments through a single API, or application-programming interface. The startup has hundreds of enterprise clients across the world that can send funds to more than 100 countries in real time in 60 currencies. It offers card-issuing services in more than 40 countries, plus license services on the back of its e-money and banking licenses in 11 jurisdictions.
“The global payments infrastructure is broken,” Prajit Nanu, Nium’s cofounder and CEO, told Insider. “If you look under the hood of any large e-commerce provider, you’ll see they need lots of different partners. We can offer all of these different services through our infrastructure with a single integration.”
Nanu said Nium found fundraising easy as a result of its multiproduct suite. “We’ve spent five years in a very regulated space across 11 jurisdictions like Singapore, Canada, Europe, the UK, and are principal members of Visa and Mastercard,” Nanu added. “We set out to raise $150 million, but ended up with $200 million — we could have even gone to $300 million — the process was just one week from start to term sheet.”
Nium processes $8 billion in payments annually and has issued more than 30 million virtual cards to date, according to a statement. The company says revenue grew by more than 280% year-over-year. The company may raise another round later this year, Nanu added.
Much of Nium’s revenue come from Europe and Asia. Nanu said he expected to move to San Francisco in the coming months with the firm looking to build its presence in the US. “The US is a mess,” he said. “It can take one to two days for payments to process, so we see it as a very green market.”
The companypreviously acquired the Indian assets of the disgraced fintech Wirecard, as well as the travel-payments company Ixaris. Nanu said strategic acquisitions in the US were on the table.
The existing investors Atinum, Beacon Venture Capital, Rocket Capital Investment, Temasek, Visa, Vertex Ventures, and some noted angel investors, such as a DoorDash executive and Coinbase board member, Gokul Rajaram, also contributed to the round. If conditions are right, Nanu said, the business will look to go public in the US in the next 12 to 18 months.
Beyond bolstering new markets, funding will also go toward expanding Nium’s 700-strong global team.
“Internally becoming a unicorn is not a huge thing, but the main benefit of this milestone is in hiring,” Nanu added. “It’s now easier for us to poach top talent from large firms because we have that external validation.”
|Transaction Name||Number of Investors||Money Raised||Lead Investors|
|Jul 26, 2021||Series D – Nium||11||$200M||
|Apr 20, 2021||Private Equity Round – Nium||1||$21M||
|May 6, 2020||Series C – Nium||2||—||—|
|March 18, 2019||Series C – Nium||4||$21M||
Vertex Growth Fund
|Nov 22, 2018||Series C – Nium||6||$20M||MDI Ventures|
|Jul 4, 2017||Series B – Nium||7||$13M||
GSR Ventures, Silicon Valley Bank
|Mar 15, 2016||Series A – Nium||4||$5M||
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Feb. 12 (Bloomberg) -- Today's "BWest Byte" is $97.6 billion, for the amount of cash Apple had in March 2012 when Tim Cook said the company had too much cash. Cory Johnson reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
52:16 - Later today we will hear who has won this year's Nobel Peace Prize. German Chancellor Angela Merkel has emerged as the favorite for the prestigious award. Bloomberg's Hans Nichols reports on "Countdown." (Source: Bloomberg)
DSV Buys UTi Worldwide for $1.35B
Why 4Q Will Be Pivotal for American Companies
Best of the Web: Calling Time on the SABMiller Party?
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Check out the companies making headlines after the bell Wednesday:
Meta Platforms — Shares of the Facebook parent plunged more than 22% on the back of disappointing quarterly earnings. Meta reported earnings per share of $3.67, while analysts polled by Refinitiv expected a profit of 3.84 per share. The company’s current-quarter revenue guidance was also below expectations.
Qualcomm — Qualcomm shares whipsawed after the semiconductor maker posted better-than-expected results for the previous quarter. The company posted earnings of $3.23 per share on revenue of $10.7 billion. Analysts expected earnings of $3.01 per share on revenue of $10.42 billion, according to Refinitiv.
Align Technology — Align Technology reported a fourth-quarter profit that was above expectations. The company earned an adjusted $2.83 per share, topping a StreetAccount estimate of $2.74 per share. Still, shares fell about 5% after hours.
Spotify Technology — Shares of the audio streaming company dropped more than 11%, after the company’s quarterly numbers showed a slowdown in subscriber growth. Spotify said premium subscribers grew by 16% year over year in the fourth quarter. That growth rate is down from 19% in the third quarter.
Qorvo — Qorvo shares dropped about 4% on the back of mixed quarterly results. The chipmaker earned $2.98 per share in the previous quarter, topping a Refinitiv estimate of $2.76 per share. However, the company’s revenue of $1.11 billion was in line with expectations.


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Hershey (HSY) is once again mentioned frequently as a buyer of Cadbury (CBY). To win a competition it would have to top the $16.6 billion offer from Kraft (KFT) Cadbury shares already trade above the Kraft offer in the anticipation of a second bidder or a higher offer from Kraft.
Hershey has a problem in completing a takeover of Cadbury. It is smaller than both the UK company and Kraft by both sales and market cap.
Cadbury’s market cap is $18 billion and it had sales of $7.8 billion last year. Hershey’s market cap is just over $8 billion and its sales last year were just over $5 billion. By contrast, Kraft has a market cap of $42 billion and 2008 sales of $42 billion.
The trust that controls Hershey and the company’s board have apparently given a go ahead to a bid for Cadbury. Hershey is in the process of getting private equity support for the deal and the Hershey trust would make a $1.25 billion investment according to MarketWatch.
The deal would almost certainly have to look like a merger of equals than a takeover which might allow Hershey to put very little cash into the deal. Otherwise, the US company is forced with diluting its current shareholders by a large amount and taking on a mammoth debt load.
Hershey’s bid may not be successful because it involves leverage that large Cadbury investors would like to avoid in a combined busiess.The cash flow from a Hershey combination with Cadbury would probably make debt service a threat to the future of the new firm. The Kraft offer at least has a large cash component.
Hershey’s hurdle to winning a fight for the UK company may simply come down to David not being able to slay Goliath.
Douglas A. McIntyre


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Procter & Gamble Co. narrowly missed Wall Street forecasts for top-line growth, but it's stock was still up slightly in midday trading, suggesting investors were relieved about the company signaling it will start raising prices after a year of cutting them.
Whether agencies should be relieved is another matter. P&G's overall reported ad spending appears to be coming in flat for the just-concluded full fiscal year, but cuts to agency, production and other marketing-services costs will continue.
Here are key takeaways from today's earnings report:
Sales were light, prices were slashed
Overall sales for the quarter were $16.5 billion, up 1 percent organically, just short of where P&G could have rounded up to its target 2 percent. Unit volume was up 3 percent, as price cuts came primarily in the form of trade promotion. Commodity and transportation costs were up more than expected, yet P&G still hit its earnings target. So guess where the savings came from? Read on.
Agency fee cuts will continue
Yes, agency, production and other marketing-services costs took an unspecified hit, though lower U.S. corporate taxes and internal overhead reductions also helped. Marketing-services cuts and internal overhead reduction saved P&G a combined $130 million for the quarter.
On a conference call, Chairman-CEO David Taylor said P&G has cut agency and production costs by $1 billion annually over the past four years. It's expected that another $200 million will be cut over the next two fiscal years to meet prior stated targets, though there's no guarantee P&G won't exceed that goal.
Price hikes are coming
P&G announced price hikes coming for Pampers, Bounty and Charmin – suggesting a price war being waged amid rising costs this year may draw to a close. But there's limited relief. The price hikes won't start taking effect until October. And P&G's results show price battles in such areas as toothpaste and razors continue.
Media spending continues to rise
While P&G continues to find ways to spend media dollars smarter -- including handling more media buying in house and enforcing third-party measurement on digital players – it's still spending more. On a media call, Chief Financial Officer Jon Moeller said advertising spending was up 4 percent in the fourth quarter despite agency fee cuts. For the year, he said overall ad spending was about flat, which would put it at around last year's $7.1 billion globally.
A reason to feel sorry for P&G
It's hard to work up much sympathy for a global packaged-goods behemoth with $65 billion in global sales and the world's biggest ad budget. But RBC Capital analyst Nik Modi pointed out in a question that while P&G is working on building or maintaining margins, it's up against small competitors that make no profit whatsoever yet have access to a seemingly limitless supply of venture capital. That would particularly be true in P&G's most profitable business, razors, where it's been losing ground to the likes of Harry's, which has yet to turn a profit but recently expanded into Walmart on the strength of a new $112 million capital infusion. It's a replay of the story that has played out in media and e-commerce as investors chased growth with little regard for profitability, and incumbents suffered.
"What you say is very real," Taylor said to Modi. "And the harsh reality is that there are some people coming into categories that are aggressively spending. What we're choosing to do is to make sure we're being more competitive and protecting our businesses."


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Attorneys General Warn Online Marketplaces Aren’t Exempt from Price Gouging Laws
Lincoln, NE ― Today, Attorney General Peterson joined a letter with 32 Attorneys General urging Amazon, Facebook, eBay, Walmart, and Craigslist to more rigorously monitor price gouging practices by online sellers using their services.
“We want the business community and American consumers to know that we endeavor to balance the twin imperatives of commerce and consumer protection in the marketplace,” said the Attorneys General in their letter. “And, while we appreciate reports of the efforts made by platforms and online retailers to crack down on price gouging as the American community faces an unprecedented public health crisis, we are calling on you to do more at a time that requires national unity.”
“I encourage people to file complaints with our office if they believe price gouging is occurring in Nebraska. We will investigate, and when possible, prosecute to the fullest extent,” stated Attorney General Peterson.
The letter lists several examples of price gouging on these marketplace platforms, all of which took place only in March: on Craigslist, a two-liter bottle of hand sanitizer was being sold for $250; on Facebook Marketplace, an eight-ounce bottle was being sold for $40; and on eBay, packs of face masks were being sold for $40 and $50.
The Attorneys General recommend several changes to protect consumers from price gouging, including enhanced policies to detect and prevent unconscionable price gouging during emergencies.
The Nebraska Attorney General was joined on the letter by the Attorneys General of California, Colorado, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Illinois, Iowa, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, Utah, Vermont, Virginia, Washington, Wyoming, and Puerto Rico.


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Lexus revealed pricing for its 2012 model lineup this morning, and while there were a few modest increases, it's surprising to see that the luxury manufacturer held the line on many of its vehicles.
Read This Article
The land of the rising sun is no stranger to supercars.
For next year's Geneva Motor Show, Lexus plans to show a production-ready compact SUV to rival the Audi Q3 and BMW X1.
If you think the Lexus LF-LC is ugly, wait'll you see the inside.


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Cartus Corporation, has announced the appointment of Mark Sonders as senior vice president of global sales and marketing. Mark joins the company with over 20 years in business-to-business sales and leadership roles. He will be based in Cartus’ worldwide headquarters in Danbury, Connecticut.
“Mark brings an outstanding track record of achievements in overseeing organisational strategy and execution around business development,” said Kevin Kelleher, President and CEO of Cartus. “His technology expertise and his breadth of experience with companies both large and small will bring great value to our clients and their employees, and I am looking forward to the discipline and creative approaches he will bring to the Cartus family.”
Mark joins Cartus from Vertafore, an industry leader in the insurance industry. He led consecutive years of record-breaking sales and revenue, with a primary focus on providing complete, adaptable and evolutionary technology in the marketplace to help customers ‘future-proof’ their technology decisions.
Photo: Mark Sonders


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An unknown Motorola phone codenamed as XT1797 has just been certified by FCC (Federal Communications Commission), which is the American equivalent of TENAA. We have got to know this information from a site named MotoG5.net via PhoneArena. The documentation has shed some lights on its specifications. Looking at which, the device seems to fall under the lower mid-range category. So probably, it will not be a premium smartphone.
Having said that, surprisingly the Motorola XT1797 is listed with the latest version of Android. As per the listing, it will arrive with Android 7.1.1 Nougat OS right out of the box. The heart of the device is an Octa-core Snapdragon 430 processor which paired with Adreno 505 GPU. To keep the lights on there is a 3000mAh battery with Turbocharging capabilities.
We also came to know that it will be a dual-SIM smartphone with NFC support. Besides this, no other specification has been revealed by the FCC documentation. We will let you know as soon as we get to know more details about the Motorola XT1797 in the upcoming days.
Speaking of the pricing part, some are assuming that the smartphone in question will cost somewhat around $200 which roughly translates to Rs. 13,000.
As we have reported earlier, Lenovo plans to launch almost half a dozen Motorola phones this year. The company has taken up this strategy to strengthen its foothold in the fiercely competitive smartphone industry of these days.
Not just high-end devices, it is concentrating on bringing more budget smartphones to its customers. And this phone seems to be a part of that budget phone line up. Now, the question is, how many people will actually buy the smartphone once it gets launched.


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It looks like Huawei's dual-OS smartphone is going the way of the Asus Transformer Book Duet. The concept of a device that can run both Android and Windows holds a lot of appeal. But as long as Google, Microsoft and Apple have competing ecosystems, it is unlikely to see the light of day.
The concept of running two operating systems makes sense for certain types of devices, in particular high-end tablets and hybrids that double as small laptops. When running Android, you have access to more than a million touch-optimized apps in the Google Play Store. And when running Windows, you can get “real work” done with Office, typically with a keyboard. As good as that vision sounds, it seems to be running into business realities.
Last week The Wall Street Journal reported that Asus had “indefinitely postponed” the release of the Transformer Book Duet TD300, a hybrid PC capable of switching back and forth between Android and Windows 8. It isn’t clear whether Google, Microsoft or both objected. But it was surprising because both Asus and Intel had heavily promoted the Transformer Book Duet. Intel CEO Brian Krzanich even highlighted it in his keynote address at the Consumer Electronics Show in January.
There are already PCs out there running Android or Chrome OS, but it isn’t hard to see why software companies would object to dual-OS devices. The battle is about ecosystems.
Apple and Google have the dominant mobile ecosystems, leaving BlackBerry and Windows Phone fighting over a sliver of the market. Windows still dominates a shrinking PC market, but the modern (aka “Metro”) touch-optimized environment in Windows 8 hasn’t been successful. Add Android to a Windows smartphone, tablet or PC, and there would be even less reason for developers or users to adopt Windows Phone or Windows 8.
Google already has plenty of developers and users, but it already has enough trouble with forked versions used by Amazon, Nokia and many of the smartphone companies in China. It wants to make sure that when you use an Android devices, you are also using Google apps and services.
As for Apple, the ecosystem is a means to an end. It wants to keep selling iPhones and iPads at healthy margins.


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Bitcoin 4 Hour Price Update
Updated March 23, 2020 05:34 AM GMT (01:34 AM EST)
The end of a 5 four-hour candle negative run has come for Bitcoin, which finished the previous 4 hours up 1.4% ($81.61). On a relative basis, Bitcoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous 4 hours.
Bitcoin Daily Price Recap
Bitcoin is down 5.93% ($367.28) since the previous day, marking the 2nd day in a row a decline has happened. The change in price came along side change in volume that was up 9.97% from previous day, but down 19.61% from the Sunday of last week. On a relative basis, the previous day was pretty good: Bitcoin bested all 5 of the assets in the Top Cryptos class 🙂 Let’s take a look at the daily price chart of Bitcoin.
Bitcoin Technical Analysis
Something to pay attention to: Bitcoin may have broken its trend on the 14 day basis, as the trend’s momentum appears to be slowing down. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone down 16 out of the past 30 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Bitcoin:
- From Bitcoin:
When you use bitcoin, you own bitcoin.
When you use dollars, dollars own you.
- From danheld:
The US is looking at a bailout pack close to $5T. That’s just one country. One of many packages to come. How could you not find Bitcoin attractive right now?
- From willcole:
We’re about to experience the greatest contrast in monetary policy ever seen. As world fiat currencies inflate rapidly over the next ~52 days, bitcoin issuance will cut in half. For people who haven’t taken notice yet, this will be nearly impossible to ignore.
In terms of news links for Bitcoin here’s one to try:
From the outside, all these seemingly irrational early bitcoin owners doing unorthodox things with an asset that doesn’t rely on any central bank or securities depository, gave the appearance that bitcoin wasn’t correlated to traditional markets, or even safe-havens like gold….Bitcoin, the digital asset that had come to be identified with its non-correlation, was broken, many warned, and if it was correlated with traditional markets its use and value were gone….Nevertheless, bitcoin’s price has already started to recover, right along with traditional markets, increasing by 16% over the most recent 24-hour period….If non-correlation was core to bitcoin’s value, why was it increasing right along with traditional markets?…Second, people were buying, and more importantly, using bitcoin long before traditional investors started talking about bitcoin being non-correlated at all. Early bitcoin users bought bitcoin for largely ideological reasons….Really though, what makes bitcoin different, is it was the first financial innovation ever adopted by cooky retail investors first.


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Niantic’s in-game updates and fan events will aim to keep to the AR app a mainstay among consumers, rather than a passing trend.
Much of the furor that surrounded the game’s launch last summer has died down, but with these new updates and a series of fan events planned this summer, Pokémon is aiming to keep ‘Pokémon Go’ an app mainstay, rather than a flash in the pan.
New game updates will include an added gyms badge feature and raid battles, which will make ownership more collaborative and encourage all players to visit gyms and engage with them in new ways; four new items, which only be available by completing raid battles; added search functionality; a visual indicator for unvisited Pokéstops; and more.
The Pokémon Company and Niantic have also revealed
the game’s anniversary.
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Technology is changing the way Canadians access and use financial products and services. Innovative fintech, introduced by banks and fintech companies (FinTech) in Canada, give consumers more options besides improving convenience.
Banks in Canada have long supported and adopted technological innovations. In recent years, they have assumed a more active role in supporting fintech, whether through internal initiatives or external partnerships. But it is certain that all banks are investing significantly in technology in general and in the digital aspect of their activities in particular.
Investments In Technology
These investments have greatly improved the ways in which banks and interact with their customers and in their internal processes. In addition, it is becoming increasingl...


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The next Mustang Cobra Jet takes Ford's turnkey dragster program to a higher level with a new aluminum engine block and other upgrades for the 2012 model year. All the details below.
Ford Racing has pulled the wraps off the 2010 Cobra Jet Mustang, a snarling factory turnkey drag racer. Not just a new skin, it's a completely rethought racer which does everything hardcore drag racers could want right from the factory.
Here's the first shots of the Ford Mustang Cobra Jet FR500CJ starting production and aside from getting a factory-built honest-to-goodness drag racer, you get one of the coolest VIN number schemes ever.


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Donald Kaufman toy collection part II adds $3M to Bertoia's ongoing auction series Part II of the Donald Kaufman antique toy collection added $3 million to the ongoing series of semiannual auctions being conducted by Bertoia's to disperse the fabled assemblage of toys.
Jeanne Bertoia said: “At nearly three million dollars, the sale topped the high catalog estimate and proved once again that great collections and great presentations trump any economic forecasting. We're already getting excited about part III, set for April 9-10 of next year. That's when we're going to roll out Don Kaufman's incredible comic character toys.”
View or download prices realized for all past Bertoia sales at www.bertoiaauctions.com. To contact Bertoia's, call 856-692-1881 or e-mail email@example.com.
Note: After this postsale report was written, the Bertoia family was deeply saddened to learn that Donald Kaufman had passed away at his Massachusetts home, on Oct. 12, 2009.
# # #
CAPTION FOR IMAGE AT TOP OF STORY:
2318 Gunthermann Gordon Bennet -
Small-scale (6-inch-long) version of Gunthermann's Gordon Bennet racer with key-wind mechanism at rear, $27,600.


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Knowlton Thomas writing at Techvibes.com:
One day after iOS 6 launched, 15% of users had updated their software, according to a report from Chitika. 48 hours in, Audiobooks reported that nearly 30% of users had updated their iPhone’s operating system to iOS 6.
Let’s compare that to Android. A day after Google released Jelly Bean, or 4.1, about 0.1% of users were running the system. Two months in, that number had climbed to only 1.2%.
Ice Cream Sandwich, or 4.0, is a year old. It’s still on less than 17% of Android devices. Most Android users are still stuck on some version in the 2.0-range, which debuted in October 2009—yes, three years ago.
There’s nothing wrong with buying an Android phone. But chances are an Android phone’s best day is the day it is bought, likely never seeing a major update to its features or anything resembling post-purchase customer service. Ask iPhone 4 owners, with a phone now two years old, if they appreciate how Apple has kept them up-to-date since buying their phone. iPhone 3GS owners can say the same about a phone that’s three years old.
On Android, that just doesn’t happen.


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tech2 News StaffOct 15, 2019 13:51:15 IST
At the India Mobile Congress 2019 held yesterday, Reliance Jio and Samsung showcased their 5G use cases at the event. The companies revealed that together they have built the world’s largest green-field and all IP based 4G LTE network that supports more than 340 million LTE subscribers as of August 2019.
Reliance Jio and Samsung demonstrated 5G's application in virtual classes, to see the 360-degree lecture and to stream FHD video streaming on multiple smartphones simultaneously. To show its benefit in the entertainment segment, the demonstration includes 4K video streaming using multiple 5G tablet.
(Also read: Jio announces AI video call assistant to remove customer care call holding times)
The 4G LTE cases will also help in public safety communications. According to the companies, it can be used for real-time streaming of videos and high-definition images of scenes during emergencies. It will also enable multi-lateral communications to be connected at once to transfer video, images, and voice simultaneously. This will help the responders to have highly effective communication during the time of emergency.
Speaking on the collaboration with Samsung, Mathew Oommen, President of Jio said that, "We as Jio, working closely with key partners like Samsung will ensure that we continue to help India leapfrog traditional technologies by advancing the existing 4G all-IP infrastructure and leverage the end-to-end fiber, 5G, and IoT ecosystems towards a digital infrastructure platform. This digital platform will deliver on the aspirations of all Indians, our businesses, and the emerging digital society that is fundamental to accelerating the digital economy and ensuring digital freedom for India."
(Also read: IMC 2019: Huawei is ready to sign a 'no backdoor' agreement with India for 5G)
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd which publishes Firstpost
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.


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Today's kids spend a lot of time in front of digital screens. A 2007 study from the University of Southern California's Annenberg School Center for the Digital Future showed that almost half of all parents surveyed believed their kids spent too much time watching television, and 20.7 percent felt their kids spent too much time online [source: USC].
A 20 percent concern about online engagement is relatively low. But that doesn't mean there aren't problems. For example, in 2005, a young South Korean man actually collapsed and died after playing online for 50 hours with few breaks. Concerned authorities even founded "Internet Rescue Schools" to get children away from their computers and into fresh air, physical activity and socializing with other kids [source: Fackler].
Children aren't the only ones who can get hooked on the Internet. In 2008, the American Journal of Psychiatry published an editorial in support of naming "Internet addiction" as a bona fide mental condition. The majority of the medical community disagreed, though, and currently Internet addiction is not a formal disorder. However, excessive use of the Internet can certainly cause problems.
Even though it's not formally classified, many treatment and rehab centers worldwide now offer services for Internet addiction. This includes treatment for cyberporn, online gambling, online affairs and eBay addiction. Of course, these are all behaviors with serious consequences. The hallmark of an addiction is determining whether your actions are affecting yourself or others in a negative way.
So, is hanging out on Facebook any different from talking on the phone for hours, or gabbing with your friends over coffee? Not if you're spending normal amounts of time there. The average American Internet user spends about 15 hours online per month [source: USC]. If you're reading this article, then more than likely, you're one of those people. Congratulations! You're average!
However, if you're spending abnormally large amounts of time online, you could be damaging your relationships and even your health. Experts claim that a lack of face-to-face contact can affect you both socially and physically. Depending upon a computer screen for human interaction might undermine the ability to follow social cues or understand body language. In addition, some researchers believe that we're genetically predisposed to physically benefit from being face-to-face with another human [source: BBC]. There's even an online test you can take to see if the time you spend online might be a problem (unless you're addicted to online tests, of course).
If you're one of the many who belong to a social network, you've had a taste of how addicting these Web sites can be. What is it that compels us to keep logging on?


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Samsung has announced the "imminent availability" of its Media Hub media store, where downloads and rentals of video content will be offered for the company’s Galaxy line of phones and tablets, PCMag.com reports.
The content will include programming from MTV Networks, NBC Universal, Paramount and Warner Bros., the story says. Among the devices that will carry it are AT&T’s Samsung Captivate, T-Mobile’s Vibrant, Verizon’s Fascinate, Sprint’s Epic 4G and upcoming models of the Galaxy Tab.
New NBC shows such as “The Event” will be available the day after their broadcast, according to Michael Schreiber, VP of development for NBC Universal.
The service currently does not support laptops or TVs, according to the story, but indications are that it will be made available for more devices in the future.
The pricing structure appears to be higher than competing services, with TV shows offered for $1.99–about twice what Apple charges for content on the iPhone, the story says.


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People injured in gas explosion at Hyatt Regency ...
Jake Hyman added: "Two guys came into my restaurant saying there had been a big explosion and that everyone had been evacuated." David Vaughan tweeted: "Massive #explosion in @hyattchurchill hotel...
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New Owner of Chuck's Restaurant Talks About Conti...
... name is still the same and so is the Thanksgiving tradition. One week from Thursday, Chuck’s Restaurant will once again open its doors to feed those in need on Thanksgiving. The tradition...
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... the past couple of years, with one of the major upgrades taking place in the signature restaurant. The OneNineOne is a fine dining room with a wine list to match. Head chef Andrew...
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Parkway on Monday, and early birds can try for a chance to win a year’s worth of free food. The restaurant serves chicken fingers, traditional and boneless wings, sandwiches and salads. It offers...
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Landmark OKC restaurant and club closes doors
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... Jeyakumar Shanmuganathan, who was acquainted with the owner and management of the Iron Grill Restaurant. The owners of the Iron Grill Restaurant have never faced any charges in the case, and a...
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Last night - November 9, 2014 - at the Golden Bay Restaurant along Diosdado Macapagal Boulevard in Pasay City, local electronics company ZH&K Mobile unveiled their product line-up - including feature...
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Hook, Line & Sinker
... welding team was working on the long-awaited observation deck, with sparks from the welding torch dropping hundreds of feet into the dirt basin that will be the simulated cypress swamp. To...
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Jagger didn’t play ‘Satisfaction’, would you be happy?” maintains Dustin Hoffman’s unadventurous restaurant owner to his frustrated chef, Carl (Jon Favreau). The maverick cook wants to go off-piste...
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Southern Maryland has some spooky tales to tell
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Man admits Carlisle city centre burglaries
... 51 previous offences. Patrick Burns, 41, left scenes of chaos at the premises he raided – a restaurant, a food takeaway shop and a city centre jewellers store – after forcing his way inside...
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There is a reason why Israel is called Startup Nation. Companies based in the Jewish State have created myriad household-technologies including the messaging app Viber, carbonated beverage maker Soda Stream, and devices that create drinking water out of thin air, called Watergen.
Watergen is the latest in a long line of Israeli innovation, a game-changer that turns humid air into pure drinking water, efficiently and economically.
Global Water Scarcity
According to the United Nations, around 700 million people in 43 countries suffer today from water scarcity. By 2025, 1.8 billion people will be living in countries or regions with absolute water scarcity, and 2/3 of the world’s population could be living under water-stressed conditions.
As populations worldwide increasingly struggle to access clean water, Watergen claims it came up with a groundbreaking solution.
The company’s pioneering technology taps into the atmosphere or humidity in the air to provide clean, fresh drinking water as the central water supply to people in the most remote rural village communities.
At the heart of the Watergen product line is the revolutionary “GENius” heat-exchange technology and non-conductive structures, which house an energy-efficient, scalable solution, that is configurable to any size.
Some pre-configured, smaller units are designed to be an office water cooler, home water-dispenser, or readily available drinking water in automobiles, which replace the need to purchase bottled water. There is even a small unit fabricated for motor vehicle use.
Some commercially available American wire gauges (AWGs) use conventional air-conditioning technology to generate water at tested efficiency rates of 650-850Wh per liter. Watergen claims its technology facilitates the generation of clean, safe drinking water at just 350Wh per liter. Meaning, a unit can produce three liters of water for every kilowatt of energy at the cost of seven to 13 cents per liter. This renewable solution costs less than local, purified packaged well water.
How it works
A built-in blower draws in local, humid air from the atmosphere. Next, air filters remove dust and dirt particles, ensuring the air entering the system is clean. The air is directed through Watergen’s heat exchange and condensed into water. The water created goes through purification and mineralization food-grade filtration systems.
Then, a UV lamp destroys microorganisms and breaks down harmful chemicals. A built-in reservoir stores the water. To avoid stagnation, the collected water is continuously circulated through a UV lamp to keep it fresh, clean, and drinkable.
Perhaps the next invention from Startup Nation will be a device that turns water into wine.


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Welwyn Garden City Kiosk opens for business again
PUBLISHED: 19:31 19 August 2012
TRAIN passengers and shoppers in WGC have got their old newsagents back, thanks to a family from WGC.
The Kiosk, in the Howard Centre, is back in business.
The store, close to the entrance for WGC rail station, has been taken over by Satish Pathak and his family – wife Varsha and sons Pratik, 18, and Jay, 14.
Satish ran a newsagents for four years in Nottingham before the family moved to WGC 14 years ago, and has been keen to get back into the business ever since.
He spotted his chance when he saw The Kiosk closing down in April.
“I was in town the day it closed and I saw it being emptied,” said Satish.
“I rang the agents up and asked what was happening.
“They said it was being repossessed so I told them I was interested.
“The agents were very helpful and we managed to close a deal.”
Early business has been slow but steady, but Satish is confident the old Kiosk customers will soon return for their drinks, snacks and, of course, their copies of the WHT.
“It’s going OK and I’m expecting it to get slightly busier as people realise we’re open again,” said Satish.
“This is their local store, and I want them to come here and treat it like that.
“WGC is a small community and I want this store to be part of that community.
“I’ve seen some shops that don’t take the time to speak to their customers.
“But we’ll always have the time to speak to our customers and engage with them.”
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