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Demolition Set to Begin; Groundbreaking Scheduled for Spring 2015
Milwaukee – February 19, 2015 – Contracts are finalized and on-site work will soon begin on The Corners of Brookfield, a new 750,000-square-foot premier lifestyle center that will be located on approximately 19 acres of land bounded by West Bluemound Road, North Barker Road and I-94. The final development agreement has been signed with the Town of Brookfield, demolition of the vacant Menards building on The Corners project site will begin in the coming weeks and a formal groundbreaking is planned for Spring 2015, with project completion anticipated in Fall 2016.
In addition, The Marcus Corporation (NYSE: MCS), which initiated the development of The Corners, also announced today that it has entered into a joint venture agreement with IM Properties and Bradford Real Estate, two proven retail development and investment experts, to serve as the new project management team leading The Corners to completion. IM Properties and Bradford will serve as the managing member in the joint venture and The Marcus Corporation will remain as a partner in the joint venture.
"As we have previously disclosed, it was always our intent to bring in a majority equity partner for this project. We knew that transitioning The Corners to an experienced equity partner and a Midwest real estate developer with deep retail expertise would speed the project timeline and ensure the best possible finished product,” said Gregory S. Marcus, president and chief executive officer, The Marcus Corporation. “We are extremely proud of the efforts of our team and the investments we have made to make our vision for The Corners a reality. I’m confident that The Corners is on track to becoming a true destination in Southeastern Wisconsin that will spark new economic development opportunities in Brookfield and the surrounding areas. We are pleased to remain an investor in the joint venture."
Echoing that sentiment, Steve Pagnotta, president of Bradford Real Estate, said: "For 30 years, the Bradford team has built an enviable reputation as a leader in retail development in the Midwest. We have persevered through multiple economic cycles, remaining at the forefront of retail trends and leading to completion multi-faceted, groundbreaking developments. We have worked closely with IM Properties on multiple properties in the Midwest, and our repeat ability to deliver a superior final product is a credit to our development expertise and IM Properties’ investment capacity and capability, as well as our joint ability to form strong partnerships with tenants, partners, lenders and other interested parties that are vital to the success of a project such as The Corners. We look forward to adding our combined expertise to the long-term success of The Corners, which we believe will offer an unrivaled shopping, dining and living experience for visitors and tenants alike."
Design architect DDG is finalizing the plans for The Corners, with a general contractor expected to be named later this spring. Newly-merged CBRE/UCR has been retained to manage retail leasing for the upscale development. Initial financing for the development has been secured through a previously announced agreement with the Town of Brookfield, with the remainder coming from a mix of balance sheet equity from IM Properties, land from The Marcus Corporation and future construction loan commitments that are in the process of being negotiated.
"Relationships are important to us, as is local knowledge and expertise. During the past six years, IM Properties and Bradford Real Estate have developed an excellent working relationship and together have executed nine successful shopping center developments,” said Robert Gould, vice president at IM Properties. “Investing across an ocean, some 4,000 miles from home, requires a great deal of trust and confidence, both in your business relationships and in the quality of the end product. The Corners is a trophy investment opportunity and we are confident that it will be a flagship development with a great future."
The $200 million development will serve as a vibrant destination for luxury shopping, dining, entertainment and living experiences. Plans call for 400,000 square feet of retail and restaurant space and 235 luxury apartments that will be managed by Milwaukee-based Mandel Group. Tenants will include a mix of men’s, women’s, and children’s fashion and accessories, home goods, grocery and specialty retailers.
"We are excited to be opening our first Wisconsin store at such a top-tier, upscale location like The Corners,” said Jim von Maur, president of Von Maur Department Stores, whose 140,000-square-foot store will anchor the development. “We know shoppers will be thrilled with the mix of our wide selection of unique brand-name merchandise and unparalleled customer service, and we look forward to introducing Von Maur to customers throughout the greater Milwaukee area."
"We continue to view The Corners as a unique residential opportunity for the greater Brookfield area. The shops, restaurants and services of The Corners will provide our future residents with incredible convenience and a broad range of choices walkable from their home," said Barry Mandel, founder and president of Mandel Group, Inc. "The freeway accessibility is simply the best in the area, and connects the property to nearly every major employment concentration in the region. The residences are all located on upper floors, and together with the elevation of the site, the views will be really interesting. Overall, the setting will have the buzz and energy of an urban setting, while providing terrific connectivity to the greater Waukesha and Milwaukee metro area."
In addition to premier shopping, dining and living spaces, The Corners will be organized around a central green space, making it an inviting hub of activity year-round. To keep visitors comfortable and dry during all seasons, the development will also feature free underground parking.
The Corners is expected to create significant economic benefits for Southeastern Wisconsin, generating more than 1,100 permanent new retail jobs and more than 325 temporary construction jobs. The Town of Brookfield conducted an independent assessment and estimates the development will generate annual sales tax revenue of over $8 million based on $157 million in total annual retail and restaurant sales. As a result of the creation of a new Tax Incremental Financing District, the Town of Brookfield projects that additional land and improvements value of approximately $187 million will be created as a result of new development, redevelopment and appreciation in the value of existing properties.
"The investment by local, regional and international players in The Corners project really speaks to the attractive location, growth opportunities and strong pace of economic development in the Town of Brookfield. We are very pleased to have reached an agreement to move this project forward and to work with this team to develop a showcase property that will be known statewide," said Keith Henderson, chairman of the Town of Brookfield.
Stay updated on progress at The Corners by visiting the Facebook page: www.facebook.com/CornersBrookfield.
About Bradford Real Estate:
Bradford Real Estate is based in Chicago and has 30 years of experience in retail development, mainly in the Midwest. Bradford devotes all of its capabilities, expertise and investment into each aspect of a development project. As such, Bradford owned and joint development projects benefit from the architectural, construction, leasing, mapping, management, legal, and financial resources available through the in-house capabilities of the Bradford team. Tenants include established retailers such as Wal-Mart, Sam’s Club, Home Depot, Lowe’s, Menard’s, Meijer, Mariano’s, Kohl’s, Jewel, PetsMart, Walgreens, CVS, Vitamin Shoppe, Noodles & Company, Starbucks, Chipotle, and McDonald’s on a repeat basis. For more information, visit the company’s website at http://www.bradfordchicago.com/.
About IM Properties:
IM Properties has a 30-year history in all major real estate sectors including retail, industrial and logistics, office and residential, and owns and manages an investment and development portfolio valued in excess of $1.5 billion across the United Kingdom, Germany and the United States. Investing in the United States has been a continuing focus of the growth of the business since 2007. The company is attracted by the scale and trophy developments that can be achieved in major marketplaces in the US. Investing in the future through new vibrant developments is at the heart of the company’s strategy. IM Properties Plc, the UK parent is a subsidiary of IM Group which in addition to real estate has extensive interests in the automotive distribution business throughout northern Europe primarily through its Subaru, Isuzu and other franchises. IM is headquartered in Coleshill near Birmingham in the UK with its U.S. operations based in Florida. For more information, visit the company’s website at http://www.improperties.co.uk/.
About The Marcus Corporation:
Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. The Marcus Corporation’s theatre division, Marcus Theatres®, currently owns or manages 685 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. The company’s lodging division, Marcus® Hotels & Resorts, owns and/or manages 20 hotels, resorts and other properties in 11 states. For more information, visit the company’s website at www.marcuscorp.com.


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The full North America softwood lumber price list will be updated as usual first thing Friday morning Eastern time, however here is a sneak peak at benchmark WSPF prices: After dropping -$8 last week,
The price of benchmark softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr rose +$2 this week to US$370 mfbm; Utility/#3 regains the +$12 it lost last week to US$242 mfbm.
This week’s lumber market story published to the website Wednesday: https://madisonsreport.com/2019/10/16/benchmark-softwood-lumber-price-loses-ground-specialty-item-prices-tank/ :
“The price of benchmark construction framing dimension softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr dropped another -$8 last week as customer reluctance to buy won over supplier stubbornness to keep prices higher. For their part, many specialty items like Douglas fir green, studs in Eastern Canada, and plywood, dropped significantly as players were better able to assess the supply-demand balance. Having just been celebrated in Canada, the US Thanksgiving long weekend looms into view.” — Madison’s Lumber Reporter

domain: news


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Four companies will share $400,000 in prize money from the Mask Innovation Challenge, a federally-sponsored competition that encourages companies to develop masks that are comfortable and provide excellent protection — even after long periods of use. The goal: to get us through not only this pandemic and future pandemics, but also other public health emergencies like wildfires.
Two companies — Air99, LLC, which makes the Airgami mask, and Global Safety First, LLC, which makes the ReadiMask 365 — were given $150,000 each to spend as they see fit, said health scientist Kumiko Lippold, PhD, MPH. with BARDA (Biomedical Advanced Research and Development Authority) and the administrator of the Mask Innovation Challenge.
Two others – Air Flo Labs, LLC’s FloMask Pro, and Levi Strauss & Co. mask that uses everyday sewing skills for rapid production — are runners-up, each taking home $50,000.
Winners will be announced at BARDA Industry Day, a virtual event held today and tomorrow.
The project is a collaboration between BARDA’s DRIVe (Division of Research, Innovation and Projects), the National Institute for Occupational Safety and Health (NIOSH) and the National Institute of Standards and Technology (NIST). Although NIOSH is a partner in the challenge and has provided feedback to mask designers, the competition is completely separate from the NIOSH approval process.
Almost 1,500 initial submissions entered the three-phase challenge in 2021. That number rose to 80 in the second phase, when companies had to submit prototypes for laboratory testing. The 80 were reduced to 10 finalists and finally two winners and two runners-up were chosen.
Lippold listed the winning details about the masks:
Airgami counters high filtration efficiency with breathability and comfort.
The ReadiMask 365 has good filtration efficiency, she said, and its flat design makes it good for emergency storage.
Among the FloMask Pro’s unique features, Lippold said, is a durable frame and the ability to embroider the filter materials. You can also replace all parts of the mask.
The Levi Strauss design is easy to manufacture. “Levi, in theory, can leverage their global manufacturing infrastructure so they can produce these high-performance, comfortable masks,” she said.
Three of the masks are already on the commercial market (Airgami, ReadiMask and FloMask.)
John Schwind, CEO of Global Safety First LLC, which makes the ReadiMask 365, said he was “a little surprised” by the win, but notes that his mask “fits everyone” and stores well and tightly. He can fit 30,000 masks on a pallet, he said. It is also NIOSH N95 certified.
What’s next for ReadiMask? “Our hope is that we’ll have some interaction with government agencies, because there’s a tremendous opportunity for them to get into strategic national inventory,” Schwind said.
Richard Gordon, PhD, and his wife, Min Xiao, PhD, designed Airgami based on origami principles. It is intended to improve fit, breathability and aesthetics over existing masks.
Company co-founders Gordon and Xiao invented the mask to protect their young son, now 15, from air pollution. When they heard the news, Xiao said, “We were happy but not surprised.” Gordon added: “We knew we had a very good product on our hands.”
For more news, follow Medscape on Facebook, TwitterInstagram, YouTube and LinkedIn


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WACO, TX — The Shops at the Silos are now open.
The new addition includes six new shops. You can learn more about the shops by clicking here.
"Most of the products in the cottages will only be available here in Waco but a small sampling will be available online," Magnolia siad on their website.
Plans for the expansion had been in the works for months. For more details, click here.


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Even though Beats’ lead agency Anomaly has created some pretty memorable ads starring celebrities who could be seen wearing its headphones, Apple’s prized audio brand is reportedly making more big changes to its ever-fluid global ad agency roster.
AdWeek reported Monday, citing multiple parties familiar with the business, that Anomaly will be taking “a breather” as Beats intends to take more of its creative work in-house.
Beats already has its own in-house ad team which created an ad starring Serena Williams.
Doing work for Beats, Anomaly has created multiple advertisements starring celebrities from Pharrell and Nicki Minaj to Tom Brady and LeBron James. Beats does not appear to have yet launched a formal review seeking a new agency partner.
It’s not clear how much work the Apple-owned company plans to move in-house. However, as Beats operates a roster of agencies, there should be little disruption to them.
Here’s a nice Beats spot featuring the Nigerian bobsled team which was created by Hustle, an agency purpose-built for Beats that opened an office in Los Angeles dedicated to its business.
This shift is likely part of the broader strategy by Apple which kicked off in 2014 as the company began creating more of its own advertisements internally. Apple last year said it planned to move towards emphasizing regional and digital-first campaigns and away from general-purpose broadcast spots created to reach consumers all over the world.
For instance, Apple Brazil just launched a comprehensive “Selfies on iPhone X“ campaign for the annual Carnival of Brazil, a weeklong celebration of music, dance, food and drink.


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The Daily Samakal (দৈনিক সমকাল) highly trusted Bangla newspaper in Bangladesh. Read all the latest news headlines, bd songbad shironam online.
Bangladesh again second in garment exports
Published: 02 Dec 22. 00:00 | Update: 02 Dec 22. 12:30. Print version
Bangladesh has regained its position as the second leading exporter of manufactured garments. According to the World Trade Organization (WTO) report on Thursday, Bangladesh regained its previous position in garment exports in 2021, surpassing Vietnam.
According to the report, Bangladesh's share of apparel exports in the world market increased from 6.30 percent in 2020 to 6.40 percent in 2021. On the other hand, Vietnam's share decreased from 6.40 percent to 5.80 percent in 2021.
Earlier, Bangladesh was the second-largest exporter of garments till 2019. In 2020, it lost this position to Vietnam due to the disruption of exports due to the impact of the Corona epidemic. However, in the same month last year, when the WTO published the export position index report, Bangladesh overtook Vietnam in the following month and received official recognition yesterday, continuing this trend.
According to the report, China has maintained its status as the top apparel exporter. The country's share in the world market has also increased. From 31.60 to 32.80 percent in 2021. The European Union (EU) is the second largest exporter by the alliance. So technically, Bangladesh is the third largest exporter and Vietnam the fourth.
However, considering a single country, Bangladesh is the second. The next positions individually are Turkey and India fifth and sixth respectively. It is followed by Malaysia, Indonesia, Hong Kong, and Pakistan respectively.


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Adani Wilmar Ltd (AWL), a part of the Rs 18,000-crore Adani Group, has tied up with a Gulf retail chain for supply of edible and hair oils in India.
AWL, a 50:50 joint venture between Adani Enterprise Ltd and the Singapore-based Wilmar International, had launched Fortune Naturelle, a coconut oil brand, in December 2006. The brand captured four per cent market share.
Recently, the company had entered into an agreement with the Lal’s supermarket chain, which has about 50 outlets in the countries of Gulf Cooperation Council (GCC). The company will supply oil to Adani under the brand name Daily Fresh.
Adani manufactures edible oils under Fortune brand – sunflower, soyabean and groundnut (pure and refine categories) – and is aiming to capture at least 10 per cent, or 15,000 tonnes per annum, of market share in India by 2010.
AWL witnessed Rs 2,700 crore turnover last fiscal. It had roped in Bollywood actor Irrfan Khan as its brand ambassador for coconut oil. On the whole, India produces nearly four lakh tonnes of coconut oil annually, of which 2.5 lakh tonnes are used as edible and the balance as hair oil.


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WILMINGTON, NC (WECT) – Although Wilmington residents will likely get an up-close-and-personal look at the production of 'Under the Dome', they'll also get more options to watch the finished product because of a new deal announced by CBS and Amazon.
The content licensing agreement is something to note because most series shown on Netflix or Amazon are from past seasons. This new agreement allows Amazon Prime members to watch an episode from 'Under the Dome' four days after it airs on CBS. This is about as real-time as it gets, at least for now. This agreement also allows CBS to reach new viewers and essentially, make more money.
The series has set up production in Wilmington, NC, and it will premiere on CBS in June.
Just last week, Amazon announced that Prime Instant Video will soon become the exclusive online subscription home for PBS' hit show Downton Abbey. The PIV video library now claims to have more than 36,000 movies and TV episodes.


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MobiKwik, a Gurgaon-based start-up that offers mobile payment services, has been on Facebook for two years. About a year back MobiKwik started paid... ...http://economictimes.indiatimes.com/tech/internet/facebooks-100-million-users-in-india-large-brands-and-start-ups-seek-to-engage-consumers/articleshow/33969812.cms
NEW DELHI: The Department of Telecom (DoT) has approached regulator Trai, seeking its recommendations on auction of airwaves held by 29 licensees... ...http://timesofindia.indiatimes.com/tech/tech-news/DoT-seeks-Trais-view-on-spectrum-auction/articleshow/33962310.cms
New Delhi : The Department of Telecom (DoT) has approached the Telecom Regulatory Authority of India (TRAI) seeking its recommendations on... ...http://profit.ndtv.com/news/corporates/article-telecom-department-approaches-regulator-for-next-round-of-spectrum-auction-report-385898
Even though the Supreme Court has ruled that the Comptroller and Auditor General (CAG) was empowered to examine accounts of the private telcos, the... ...http://www.telecomtiger.com/PolicyNRegulation_fullstory.aspx?storyid=20122&flag=1&passfrom=topstory§ion=S174
Prakash Katama, Director of Nokia India's Chennai plant has quit and the position is being taken up by V Sembian, head of product and process... ...http://www.medianama.com/2014/04/223-telco-digest-nokia-cag-audits-reliance-jio-mtn-bsnl-isro-trai/
IDEA Cellular is a publicly listed...
There are lots of applications which...
Cellphone Research -- 3 Ideas to find...
Mobile phone Lookup - 3 Ideas to find...


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GameStop has reportedly been dripping a load of delicate customer info to other consumers through its own site. GameStop is the most significant video gaming merchant out there nowadays as its competition has been minimized to small mommy and pop stores, online/digital shops, and the very little choice that other sellers like Target have. They have actually managed to make it through the increase of the digital age, though for the length of time remains uncertain. The merchant has actually been slammed for many things throughout the years such as how it pressed NFTs, has been unable to satisfy pre-orders, and a lot more. It’s a quite questionable business at this moment, and it seems that a new story ensures it will continue to live in controversy.
GameStop has actually reportedly been dripping a ton of sensitive client details to other consumers via its own website. GameStop is the biggest video gaming retailer out there these days as its competition has actually been minimized to small mom-and-pop shops, online/digital stores, and the very little selection that other merchants like Target have. According to reports (via VGC), GameStop’s site started displaying other customers’ information consisting of names, phone numbers, addresses, and order histories.
Over the weekend, social media users started reporting that GameStop was leaking private details about other customers. According to reports (via VGC), GameStop’s website started displaying other consumers’ information including names, phone numbers, addresses, and order histories. Some also stated they could see a complete credit card number very quickly, but it’s unclear if that’s accurate or actually true. Some were able to see partial numbers, nevertheless, which is still very alarming. The website was having problems and changing the information that was displayed when it was revitalized, causing a heap of accounts being jeopardized. Since today, it’s unclear if the issue is resolved or if it can still occur. GameStop has yet to publicly resolve the matter, however we will update this article if the business launches any kind of statement.
While it’s not precisely for data to be jeopardized through a hack or something like that, it is very unusual that a glitch like this simply gives other users the details. It’s extremely troublesome to have access to somebody’s account and if they might view orders, there’s a chance somebody might be able to modify orders that are in progress and alter the address it ships to. Hopefully GameStop takes the steps to guarantee this can’t occur again.
Did you experience this problem? Let me understand in the remarks or strike me up on Twitter @Cade_Under.


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The collaboration will enable the ZEE5 app to be featured in the recommended Apps section of Panasonic Android Smart TVs, ensuring easy access to the viewers.
Panasonic had recently launched a new range of 4K Android TVs and Smart Android TVs to offer a superior viewing experience. Access to ZEE5’s extensive library of 100,000+ hours of content to the consumers on this new range of televisions, will surely enhance their content viewing experience and make it a memorable one.
Panasonic Android TVs have built-in Google Assistant and Chromecast that enables viewers to cast content from any device directly to the TV screen without any lags.
Manpreet Bumrah, Business Development & Commercial Head, ZEE5 India said, “India’s Smart TV market is on the upswing and consumers are ready to pay a premium to enjoy a high-quality viewing experience. Our partnership with Panasonic will further boost our distribution, offering ease of access to our viewers. With this alliance, ZEE5 will strengthen its penetration into the Smart TV market, thus accelerating its progress and growth through newer avenues.”
Also Read: Google India launches AdSense in Marathi
Speaking about the association, Sharath Nair, Business Head – Consumer Electronics, Panasonic India said, “With an aim to create new and exciting experiences for our consumers, we, at Panasonic, constantly strive to elevate their overall TV viewing experience with our innovative technology. Aligning it with our efforts to offer innovative entertainment solutions and superlative experience to customers, our association with ZEE5 is a step in the same direction. We are delighted to have ZEE5 on board with us to offer its premium content on our Android Televisions.”
ZEE5 has been bolstering its outreach into the Smart TV viewer network through similar alliances including CloudWalker, VEWD, Xiaomi MiTV, Samsung, LG Smart TV, and the more recent OnePlus TV and Videotex TV. In 2019, ZEE5 rolled out around 25 original shows across genres, and the platform is committed to launching 72+ shows by March 2020.


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Comic-book fans visiting San Diego had to fight huge crowds, negotiate with savvy vendors and wait in long lines for days, but they have one final test ahead even though the premier pop culture convention is over.
It’s at the airport, where tourists are trying to get all their gear and goodies home.
Does the federal government’s Transportation Security Administration (TSA) allow comic books on flights out of San Diego after Comic-Con?
This question and many others were on the minds of fans leaving the annual pop culture convention which wrapped up on Sunday. With attendees’ elaborate costumes and newly purchased action figures and comic books in tow, it makes sense...


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San Francisco: Fb mother or father Meta’s cryptocurrency head David Marcus has introduced that he will probably be leaving the corporate on the finish of the yr.
Marcus’s departure comes after the corporate tried and did not launch a cryptocurrency that might be used to ship cash on-line to anybody on the earth through Fb merchandise, CNBC reported.
Marcus joined Meta, the corporate previously often known as Fb, in August 2014 after a two-year stint as president of PayPal.
Marcus’s preliminary position at Fb was as vice chairman in command of the corporate’s Messenger service. He left the Messenger division to launch Fb’s monetary initiatives unit in Could 2018.
That division introduced the corporate’s Libra blockchain forex and the Calibra digital pockets in June 2019, saying that the hope was for each initiatives to go reside in 2020, the report mentioned.
Neither venture noticed the sunshine of day in 2020 after Fb confronted a stiff backlash in opposition to its cryptocurrency ambitions from lawmakers and regulators worldwide, it added.
The corporate lastly launched its digital pockets product, renamed Novi, in October. However the digital forex, which is now named Diem and is run by an impartial affiliation, stays unreleased to the general public.
“Whereas there’s nonetheless a lot to do proper on the heels of launching Novi — and I stay as passionate as ever concerning the want for change in our funds and monetary programs — my entrepreneurial DNA has been nudging me for too many mornings in a row to proceed ignoring it,” Marcus mentioned in a tweet thread saying his departure.
Fellow venture founder Morgan Beller left the corporate in September 2020 to enter enterprise capital.
Kevin Weil, one other one of many venture founders, left in March to hitch Planet, a San Francisco firm with a fleet of satellites that take photographs of the earth as soon as on daily basis, offering customers with imagery that demonstrates how the earth modifications.


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Djanogly: Reform to solicitors to give UK consumers greater choice
UK consumers and businesses will find solicitors’ more competitive, more accessible and more efficient following reforms to legal services.
From today, radical reforms to the legal sector are being accelerated by the addition of the Solicitors Regulation Authority to the licensing authorities for the new Alternative Business Structures (ABSs).
ABSs remove existing restrictions on legal firms allowing them to offer more competitive services to customers by joining up with other businesses, such as high street shops, banks and supermarkets, to offer legal services alongside other products.
Solicitors who want to take advantage of the new systems can apply to the Solicitors Regulation Authority to be licensed to work as an ABS, providing choice for consumers in how and where they access legal services.
Justice Minister Jonathan Djanogly MP said:
‘The addition of the Solicitors Regulation Authority marks another major milestone for UK legal services and the future of Alternative Business Structures.
‘Our UK legal services are unrivalled around the world and these changes will allow them to reach new heights, as solicitors’ firms develop new markets, join up with other businesses to offer different products and provide opportunities for growth.
‘Customers will find legal services more accessible, providing a much more competitive and efficient service.’
ABSs started operating in October for conveyancing lawyers, licensed by the Council for Licensed Conveyancers. Today’s addition of the much-larger SRA means thousands more firms will be able to take advantage of the new systems.
Alongside benefits to consumers ABSs will also provide opportunities for growth by allowing legal firms to explore new business markets abroad. Legal firms will be able to get outside investment for the first time, with greater opportunities for international investment into the UK legal services sector.
ABSs is one of a number of initiatives the Government is undertaking to enhance the UK’s position as a centre of legal excellence including:
- the opening of the new Rolls Building, the modern and purpose built home for the Commercial Court and the Technology and Construction Court with a focus on commercial dispute resolution through mediation and arbitration and further the interests of the UK’s legal businesses; and
- an Action Plan outlining how Government will help UK legal services expand into new markets.
Notes to Editors
For more information please contact Ministry of Justice Press Office, 020 3334 3521.
From October 2011 the Council for Licensed Conveyancers have been designated as a licensing authority to issue licenses to firms that meet the criteria to operate as an alternative business structure.
The Legal Services Board will oversee the regulation of firms and the Legal Ombudsman will provide a complaints service. Both were set up in 2010 in preparation for the introduction of the new structures to ensure confidence in ABSs and provide support to consumers and businesses should the feel they need it.


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The collapse of a deal in which Huawei Technologies was to distribute its smartphones through US carrier AT&T will threaten Sino-US trade ties – and Beijing should consider “countermeasures” if the situation escalates, experts and a former Chinese commerce official said.
It was called off because of “political pressure”, US-based online tech news site The Information reported, citing sources. AT&T was pressured to cancel the deal after members of the US Senate and House Intelligence committees sent a letter on December 20 to the Federal Communications Commission, citing concerns about Huawei’s plans to launch consumer products through a major US telecoms carrier, the report said.
The abrupt cancellation of the deal is the latest sign of tensions between China and the US over trade and investment, with Washington calling for trade actions against China and tightening screening of Chinese companies, especially in the hi-tech sector.
Huawei is the second Chinese company facing a serious setback in the United States in a week, after the US Committee on Foreign Investment rejected Chinese firm Ant Financial’s takeover bid for US-based money transfer firm MoneyGram, citing national security concerns. Ant Financial is an affiliate of Alibaba, which owns the South China Morning Post.
He Weiwen, a former business counsellor at the Chinese consulate in New York, said the failure of the Huawei deal reflected heightened worries in the United States about Chinese investment.
“Investment cooperation between China and the US will be squeezed,” He said. “The US is very worried about the impact in the US from the growth of China’s hi-tech industry. It is worried that Chinese companies will transfer US technology through mergers and acquisitions.
US President Donald Trump in December labelled China and Russia as competitors in his national security strategy.
Paul Haswell, tech-focused partner at international law firm Pinsent Masons, said the cancellation of the deal was not a surprise because US concerns about market restrictions in China and misuse of intellectual property made it difficult for Chinese companies to succeed.
“America’s concerns as to the security of Huawei’s products, whether valid or not, have not gone away and are likely intensifying in the current political climate,” he said.
“That said, given the restrictions that US firms face when doing business in China and the potential impact of China’s cybersecurity law on foreign firms in China, there’s little hope of any improvement in the situation.
“I expect things to get significantly worse as the US and China markets – not just the tech markets – become more polarised.”
“随着美国和中国市场 - 而不仅仅是科技市场 - 变得更加两极化，我预计情况会变得更糟。”
The AT&T decision is another blow for Huawei’s business strategy in the US after the House Intelligence Committee released a report in 2012 urging US telecoms companies not to do business with Huawei and another Shenzhen-based firm, ZTE, citing potential Chinese state influence on these companies that could threaten US security.
A year later, the US Congress pushed for a cyberespionage review to restrict government purchases of information technology equipment from Chinese vendors.
Economic relations between China and the US have become tense in recent months, with Washington demanding Beijing take action to balance bilateral trade and launching an investigation into alleged intellectual property theft by Chinese companies.
State-run Xinhua news agency in a commentary last week criticised Washington’s “zero-sum mentality” with regards to Sino-US trade and threatened to retaliate.
Lu Xiang, a US affairs expert at the Chinese Academy of Social Sciences, said the Huawei decision showed the US was increasing scrutiny of Chinese investments, even though the two nations had agreed on business deals worth more than US$250 billion during Trump’s trip to Beijing in November.
simond23 18 min 36 sec ago The question to ask is why do China and Chinese cos are always at the receiving end from others?? It is not only USA or AT&T in particular but Chinese High Speed railways have also faced many problems other countries. EU too has similar concerns. China needs introspection.
liben 27 min 24 sec ago Without even knowing about it ,Trump is actually doing China a big favor , to devote more and concentrate even harder on R&D to make better products with better profit margins. In fact Chinese companies have invested a lot on R&D already except this new ban imposition will accelerates China R&D even faster . The Americans and the world will soon realise that China for the past 2 decades has been so kind and benevolent in subsidizing poor Americans and others around the world by offering cheap and very affordable and beautiful products. Many are deluded to think it is so easy to shift a industrial and manufacturing juggernaut from China to elsewhere.Those new countries are so backward , bureaucratic,corrupted and important infrastructure so lacking and ancient. China are already one step ahead and are in transition from manufacturing and construction to a consumer and service economy. All this trade ban, It wont cause much if any pain at all in fact can easily be counter productive. China have cleverly invested tens of trillions of US dollars on infrastructure serving its citizens,investments and manufacturing convenience and it all come good and useful now and in the future as well. China has been the hand that feeds poor Americans and Trump is doing his best to hit that hand. Bring it on baby and let the trade war begins.
c777 2 hours 35 min ago Chinese companies have been getting free ride in US and European countries. Now, Americans and Europeans wised up and giving dose of its own treatment to Chinese. More countermeasures coming ahead unless China treats foreign firms in China fairly.
robynhoodnice@****** 1 hour 26 min ago While most American companies are by no means completely dependent on China to make money, any trade war that introduced new tariffs on US goods sold in China or made it more difficult for US companies to do business there would hurt some profoundly. In the aggregate, US soybeans farmers, auto makers, and aircraft companies export the most to China. -Research JP Morgan compiled in 2015 tracking revenue dependency on China of S&P 500 companies by sector suggests that tech firms most reliant on China specifically are overwhelmingly in the semi-conductor industry, involved in the manufacture, sale, or licensing of chips to other hardware vendors. Twelve of the top fifteen companies with the highest “revenue exposure” in China are involved in chips, and some of them earned the vast majority of their overall revenue in China. -Companies outside of tech component makers would also be affected. Casino company Wynn Resorts is the non-technology component company most dependent on sales to China, JP Morgan Chase said, with 77% of its revenue from China. Yum! Brands (which operates KFC), Tiffany & Co., and Apple, are also vulnerable. -Qualcomm, for example, earns money not by exporting chips to China, but by collecting patent royalties from chips made by other semiconductor firms, and China is its biggest market.
虽然大多数美国公司绝不依赖中国来赚钱，但是引入新关税或使在华经商更困难的贸易战争会严重伤害一些企业。总体而言，美国大豆农民，汽车制造商和飞机公司向中国出口最多。 - 摩根大通在2015年编制的报告显示，按行业分类标准普尔500公司对中国收入的依赖程度表明，最依赖中国的高科技公司绝大部分在半导体行业，涉及芯片向其他硬件的制造，销售或授权供应商。在中国，收入最高的前十五家公司中有十二家参与了芯片业务，其中一些在中国的整体收入中占了绝大部分。 技术组件制造商之外的公司也将受到影响。摩根大通（JP Morgan Chase）表示，赌场公司永利度假村（Wynn Resorts）是一家非常依赖向中国销售的非技术组件公司，其收入中有77％来自中国。百胜品牌（经营肯德基），蒂凡尼（Tiffany＆Co.）和苹果（Apple）也很脆弱。 例如，高通赚钱不是通过向中国出口芯片，而是通过从其他半导体公司获得的芯片收取专利使用费，中国是其最大的市场。
robynhoodnice@****** 1 hour 43 min ago ---WTO; The goal is to ensure that trade flows as smoothly, predictably and freely as possible. As of today, trade flows hit protectionism barrier. The free trade and market democracy is getting smaller and smaller. Western powers used to enjoy free trade when it was in their advantage back in the day. Industrial revolution has long been gone. There are many western powers companies that were outdated and unable to compete squarely on international stage. These same companies are blaming China for their demise. China fast technological advancement and manufacturing base prowess has totally made these western powers companies look weak, inefficient and incompetent. ---To be fair, foreign powers have every right to protect its weak, inefficient and incompetent companies as much as possible. --Western Anti-dumping its just a disguise for trade protectionism. ---As long as China does not go around hunting for regime change and dropping bombs and wasting resources. China still has a bright future.
robynhoodnice@****** 1 hour 50 min ago China incurred the highest trade deficits with the following countries: deficit in 2016) -- South Korea: -$64.5 billion Switzerland: -$36.8 billion Australia: -$32.6 billion Brazil: -$23.5 billion Germany: -$20.3 billion Japan: -$16.3 billion -- ---Why does china have trade deficits? US is not the only one in this category, why is that? ******* Put China aside, the United States incurred trade deficits with the following countries: deficit in 2016) ---Mexico - $525 billion traded with a $63 billion deficit. ---Japan - $196 billion traded with a $69 billion deficit. ---Germany - $164 billion traded with a $65 billion deficit. ---Both China and the US have trade deficits with Japan and Germany. Why is that?


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‘Monster’ Donut Shop Planned Near Busy Hudson Valley Intersection
An enormous donut shop has plans to open in a popular Hudson Valley shopping plaza.
One thing the Hudson Valley loves is its donuts -- and coffee. Drive up and down Route 9 in Poughkeepsie, Route 211 in Middletown or 17K in Newburgh at any point in the morning and you'll see a huge line of cars at every fast food drive-thru.
It's no wonder more and more drive-thru restaurants and bakeries are opening up all over the Hudson Valley. On Route 9 in Dutchess County, at least nine new fast-food restaurants are currently in development, with even more on the way.
The question is, can the Hudson Valley have too much of a good thing? Well, the answer apparently is no. Right now, there's currently a plan being proposed to bring another, huge new donut shop to one of the busiest intersections in the Hudson Valley.
According to Dunkin', the average donut shop is between 800 and 2600 square feet. But the new massive donut shop will be just under 3,000 square feet when it's finally finished in Dutchess County.
Plans are being drawn up to replace an old Dunkin Donuts in Red Oaks Mill with a brand new, state-of-the-art building across the street. Currently, there is a Dunkin' attached to the Shell station on Vassar Rd. The business would be leaving that building and moving to the Red Oaks Mill shopping plaza. An old bank that's currently being used as office space will be redeveloped and transformed into the enormous Dunkin'
The shop will include a drive-thru lane, which will mean that the plaza's current parking lot in front of Rite-Aid will also need to be reconfigured. A site plan hearing and architectural review will be presented on Thursday, November 18 at the Town of Poughkeepsie Planning Board meeting.
What do you think about the idea of bringing a huge new donut shop and drive-thru to the area? Let us know your thoughts in the comments section below or on our Facebook page.


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Mrs. Yemisi Edun
First City Monument Bank (FCMB) has won a platinum award and best participating financial institution with most impact on Total End-Borrowers Financed 2020 at the Service Ambassadors' programme organised by the Development Bank of Nigeria (DBN) in Lagos, recently.
About 500,000 farmers and vulnerable people in Nigeria's Northeast zone can now access farmer-friendly and demand-driven financial services as a result of the partnership between First City Monument Bank's (FCMB) and Mercy Corps, a frontline international aid organisation.
For improved business processes and consistent delivery of quality products and services to customers, the Standards Organisation of Nigeria (SON) has validated First City Monument Bank's (FCMB)
8 Apr 2019
To deepen financial inclusion, retail and mobile banking segments of the industry, First City Monument Bank (FCMB) has launched a new product called FCMB Easy Account, with telephone numbers of the customers becoming the account numbers. Described as banking made accessible to all, with exception of the first digit in the telephone number, the account is…


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To celebrate the launch of the HTC One on their 4G network, Telstra is running a competition to give away a 24-karat gold plated HTC One, valued at $5,000 by simply taking part in their #TelstraGold Australia Day competition.
For a chance to win, Telstra is asking people to create a 30 second video which tells Telstra ‘how you’ll be celebrating Australia Day in true Aussie Style this year’. To get it noticed by Telstra, share it with them on their social media sites – Facebook, Instagram or Twitter – using the HashTag: #TelstraGold.
The winner will be announced on their social media pages on Friday the 24th of January, so you can celebrate Australia Day in style.
Would you actually use a 24-karat Gold HTC One? What would you do with it instead?


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SAN FRANCISCO — When Apple wants to make a big splash, it returns to its history.
Thirty years ago at the Flint Center for the Performing Arts, a roomy auditorium in Cupertino, Calif., Steven P. Jobs introduced the original Macintosh. On Tuesday, Apple will return to the center to unveil a set of long-anticipated products: two iPhones with larger screens and a wearable computer that the media has nicknamed the iWatch.
The so-called smartwatch will be the first brand-new product unveiled under Timothy D. Cook, Apple’s chief executive, who took the helm three years ago, shortly before Mr. Jobs’s death.
It is expected to come in two sizes and combine functions like health and fitness monitoring with mobile computing tasks like displaying maps. It will have a flexible screen and, like the new phones, will support technology that allows people to pay for things wirelessly.
“I believe it’s going to be historic,” said Tim Bajarin, a consumer technology analyst for Creative Strategies who attended the original Mac event in 1984. He added, “The design of this product is all Tim’s fingerprints."Apple, which is highly secretive, has not officially commented on any of the new products. But multiple employees of Apple and its partners who were briefed on the products shared some details on the condition that they not be identified.
With its first wearable computer, Apple will enter a growing market for fitness-tracking gadgets and smartwatches from Fitbit, Nike and Samsung Electronics. And with the two larger phones, Apple will fight back against Samsung, whose big-screen Galaxy smartphones have wrested sales away over the last few years.
While the iPhones are expected to be released in the coming weeks, the watch is unlikely to be in stores until next year, several of the people with knowledge of the products said. The price of the new devices is not yet publicly known.
Some said the smartwatch was one of Apple’s most ambitious projects to date.
The company put an enormous amount of time and money into designing the wearable device’s sensors so that they can track movements and vital signs, like heart rate and footsteps, much more accurately than existing fitness devices, two employees said.
It has a flexible display panel that is protected by synthetic sapphire, which is tougher than glass, they said. The device’s circuit board, which includes its sensors and chips, was described as tiny, about the size of a postage stamp.
For replenishing the battery, the smartwatch will rely on a wireless charging method. Apple had at one point tested solar charging for the watch, but that experiment failed.
For software, the watch will take advantage of HealthKit, a set of tools for storing health data that Apple introduced in June. The device will also rely heavily on Handoff, a new software feature that allows users to push content between their Apple devices.
The bigger iPhones, which have been widely written about over the last year, will come in two screen sizes, one measuring 4.7 diagonal inches and the other 5.5 diagonal inches. The larger version will cost more. Unlike the older iPhones, which have somewhat sharp edges, the new ones have softer, rounded edges similar to those of the latest iPads.
To deal with concerns that a bigger phone will make typing with one hand difficult (the current iPhone has a four-inch screen), some changes to the design of the iPhones’ user interface will allow people to type or use apps with just one hand; there will be a one-handed mode that can be switched on and off, two employees said.
The wearable device and the smartphones will include hardware and software that support a technology called near-field communication, or NFC, which allows devices to exchange information wirelessly over very short distances. It could make paying for things with a phone less of a hassle.
Apple has teamed up with American Express, MasterCard and Visa to support the payment system, said several people involved in the partnerships. With the deal, these people said, iPhone owners will be able to use their devices as a sort of digital wallet, improving their ability to pay for items at select partner merchants without handing over cash or a credit card.
Along with these partnerships, the abundance of new NFC-enabled iPhones could jump-start mobile payment, which has so far failed to gain traction among American consumers. Google, for instance, released a digital wallet in 2011 that has achieved little success. And Isis — a mobile wallet backed by three major American phone carriers, which was renamed Softcard this week — never caught on either.
Some analysts think Apple’s entrance into the world of mobile payment will make all the difference.
“Apple owns the hardware and the software here, unlike Google,” said Josh Beck, an analyst with Pacific Crest Securities. “Not to mention Apple has this huge cache of customer credit cards, and an affluent customer base.”
Representatives of American Express, Apple, MasterCard and Visa declined to comment.
Even though Apple has continued to turn in healthy quarterly profits, investors have clamored for the company to deliver new kinds of products. They worry about the saturation of the smartphone and tablet markets, which could slow Apple’s profit growth.
With the bigger iPhones, Apple will be catering to a growing appetite for big-screen smartphones. IDC, a research firm, estimates that at least 20 percent of all smartphones shipped last year in China, the largest smartphone market in the world, were five inches or larger. It predicts that manufacturers this year will ship more “phablets,” or smartphones with screens measuring at least 5.5 diagonal inches, than laptops.
The iPhone, which is still Apple’s No. 1 source of revenue, will probably continue to be a cash cow. But Mr. Bajarin of Creative Strategies said the wearable device could also become a significant source of profit for Apple and could appeal to gadget and fitness enthusiasts as well as health care companies and people with chronic ailments.
“I would not underestimate the incredible earnings potential that could come from a wearable that really catches the fancy of the customer,” he said.


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While women are often the carriers of sustainable messages and are frequently the backbone of their social initiatives in the denim industry, of the 93 exhibitors at Bluezone in Munich, Germany last week, none were led by female CEOs.
Lucie Germser Wröbel, Monsieur T head designer, delivered that statistic at the trade show, where she and Sportswear International editor in chief Sabine Kühnl hosted a panel of female designers, sustainability experts and executives to help raise awareness of how far women have come and still need to go in the industry.
Here, female leaders from all segments of the denim supply chain share their experiences working in a traditionally male-dominated industry, and why equality is a work in progress.
Claudia Szerakowski, a circular fashion consultant for Eco Intelligent Growth, works in an office that is 90 percent female, but many of her clients are men from patriarchal countries in the Middle East. Culturally, she had to adjust to gender disparities, especially in the boardroom. Although her role is to help companies find circular solutions, Szerakowski said she sometimes has to fight to be heard.
“I definitely had to learn how to assert myself,” she said. “Being talked over was something that I was never used to.”
And the disparities are often closer to home. Coming from Italy, Silvia Rancani, owner of the Amsterdam-based show room, The Denim Window, said she’s noticed differences between Southern Europe and Northern Europe.
“In Italy, I’ve been always told that women are the delicate [gender],” she said. “Living in Amsterdam is teaching me that, actually, women are the same as men, and sometimes even stronger.”
Sustainability is an important subject for everyone nowadays, but Rancani said the topic lends itself better to the female “sensibility.”
Feminine qualities like compassion and listening, Szerakowski said, are often “squashed in patriarchal, capitalistic systems,” but they are valuable traits to have in the sustainability sector. The ability to listen to all stakeholders is a key step in pushing forward any innovation or change for good, she said.
However, Szerakowski said women are often struggling between balancing femininity and passive qualities, which have a negative connotation. “And I think that’s something that is very misconstrued—that being emotional or soft or gentle is weak. I think [those qualities have their] own strength.”
Climbing the ladder
As a fashion designer, Anne Oudard said she has been surrounded by women during her education and throughout her professional career.
“When you go to fashion school, you have probably 90 percent women and 10 percent men,” she said. But then something changes in corporate settings. At big brands, she said high level positions like artistic director are split “50-50” across men and women, meaning as a [female] designer, getting to the higher level is more difficult.
The reality, Oudard noted, is that men and women are still tied to traditional gender roles. Women see themselves as being pretty, nice and quiet, she said, while men are seen as strong, goal oriented and less scared.
Adhering to stereotypes wasn’t part of Ebru Debbağ’s career trajectory to becoming Soorty’s executive director of global sales and marketing. “I was somewhat different,” she said.
Three decades ago, she began her career at the denim mill, Orta, as a “very junior” managerial candidate. On her second day on the job she was discouraged to wear a skirt because she was drawing too much attention.
“But I was very insistent,” Debbağ said. “There was attention and I tried to make it positive. Women are not only sexual figures that draw attention. We have many more attributes we can offer, so I came along as a coach rather than as a manager. That’s the difference that I think women in the industry can make.”


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Sandhata Technologies awarded 8th rank in the Deloitte Technology Fast 50 India 2014 Awards
13 November 2014 – Sandhata Technologies Ltd. is delighted and honoured to announce that we have been awarded 8th rank in the Tenth edition of the Deloitte Technology Fast 50 India 2014 Awards after seeing a remarkable 397% growth in revenue over the past three financial years.
The Deloitte Tech Fast 50 India Ranking measures and recognises growth of the fastest-growing technology companies in the Country. This award is an acknowledgement of Sandhata becoming the market leader in delivering DevOps Solutions worldwide including offering managed services for Service Virtualization from our offshore delivery centre in Hitech City Hyderabad. The technology sector in India has seen massive transformation over the past decade where services must continue to be competitive in terms of cost without compromising on quality. Sandhata are both proud and excited to be at the forefront of technology solutions and to give our clients the competitive edge by making continuous delivery a reality. We believe that our success lies in our technology, innovation with best practise and the quality and experience of our consultants.
We see the award as confirmation of Sandhata’s success as a global brand having also opened offices in South Africa and New Zealand this year to join the UK and US operations. We believe 2015 will be a hugely successful forthcoming year for Sandhata and we remain committed to strengthening our authority as a leading global provider of Integration and DevOps Solutions and Services.


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ALBERT EDWARDS: The endgame for the global economy is arriving sooner than we expected
- A trade war would bring forward the next financial crisis sooner than expected, according to Societe Generale Strategist Albert Edwards.
- For several years, Edwards has warned that "waves of deflation" would cause a 2008-style crisis.
Albert Edwards says his bearish thesis for the economy may be unfolding sooner than he expected.
The Societe Generale global strategist has long warned about the threat of deflation, driven by countries like China devaluing their currencies to make exports more attractive. The end result would be a collapse comparable to the 2008 crash, he has said.
Edwards now points to the Trump administration's trade policy as another catalyst that could hasten the next crisis. Recent tariffs the US imposed on steel and aluminum imports threaten a full-scale trade war, he noted.
"A trade war and competitive currency devaluation was always going to be the end game in our Ice Age thesis as a global deflationary bust destroyed wealth, profits, and jobs," Edwards said in a note on Thursday.
"But it looks as if it might be arriving sooner than we had anticipated."
China exports just 1.1% of its steel to the US, and so the tariffs were considered unlikely to do serious damage to Chinese businesses. What's more immediate for a trade war, Edwards said, is retaliatory action against China by the US for alleged intellectual property theft. The Nikkei Asian Review reported Wednesday that the US was set to impose tariffs on $60 billion worth of Chinese products as punishment.
The US could also turn on other trading partners as Trump continues to advance his "America first" agenda.
"Boiling away in the background are Germany's, and now too the eurozone's, outsized trade surpluses" with the US, Edwards said. He added, "expect President Trump to soon turn his protectionist fire on both Germany and the EU. That will be messy."
- Life and times of Rakesh Jhunjhunwala — the man behind the trader
- DOJ officials were alarmed by surveillance footage of the Mar-a-Lago room where classified info was being stored, report says
- Meet Judge Bruce Reinhart the magistrate who approved the FBI search warrant into Trump's Mar-a-Lago home receiving threats from MAGA supporters
- Diabetes drug effective in reducing severity in Covid patients: Study
- India Inc sees steepest decline in deal values: report
- All-India Consumer Price Index for agricultural, rural labourers rose in July
- 50% of companies planning job cuts amid economic downturn: Report
- Edtech startup Sunstone raises $35 mn in funding round led by WestBridge Capital


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USPS Is doing and to be Major improvement renovate to Your Mail, beginning Sunday
thes U.S. Postal company (USPS) is on thes cusp of its yourself’s busiest season. During thes last few monthly of thes year, peoples across thes U.S. send outside holiday cards to thes masses and warship products to give as noel’s day gifts—adding how many more pieces of mail and packages into thes system block. and only and only concepts an base likely has already been struggling in twin however shipping goods goods delays due to financial shortcomings and staffing shortages, and to be increased holiday request also continue be impossible to manage but not only at all at all implementing definitely changes first of all of all. refer to on to see to outside is all likely major adjustment is coming soon to your mail, beginning and to be Sunday.
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and to be selling price hike also continue “invent thes live live generalize extra handling costs to ensure a successful tourism season,” thes USPS said, noting likely news innovation technology is similar to adjustments news innovation technology has produced in every past. According to CNN, thes base while temporarily raised prices in and to be year and 2021 to combat heightened request and extra shipping goods costs during thes holiday season.
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thes cheaper rates also continue go into effect at 12 a.m. CT on Oct. 2, according to some USPS. They also continue remain in country realized through Jan. 22, 2023, and during and to be tick, customers also continue request to pay increased costs on definitely commercial and retail packages: Priority Mail describe (PME), Priority Mail (PM), first of all of all-design posture group company (FCPS), Parcel buy, and USPS Retail Ground.
thes planned selling price changes vary but you can expect to pay anywhere beginning from 30 cents to no common $6 more and only and only concepts your shipments. According to thes Washington post articles up, every extra you’ll along from with to pay also continue “depend on thes weight of thes full and thes discontinuity news innovation technology must excursions.”
“and to be seasonal adjustment also continue invent to prices and only and only concepts those Postal company’s commercial and retail customers in line in twin however competitive practices,” thes USPS said. “No structural changes are planned as one part of and to be limited number positioning initiative.”
thes Postal company might and only be raising prices temporarily during thes holiday season, but likely’s avoid to say permanent selling price hikes aren’t imminent. Despite thes base having already raised costs and only and only concepts customers several every time no common thes last year, Postmaster marshal DeJoy Recent many in situation warned Americans likely he believes thes base needs to next to form thes live live “more aggressive” changes to its yourself’s positioning organization. During a public meeting in twin however thes USPS placard of Governors on Aug. 9, DeJoy warned likely despite recent improvements, thes Postal company is song projected to lose generalize $60 to $70 billion no common thes next 10 many in situation.
“As guests knows, economic inflation has assault thes nation hard, and thes Postal company has not only at all avoided its yourself’s impact. you expect economic inflation to exceed our expectations and because of that well no common a billion dollars constraint our planned and to be year budget,” DeJoy explained. “and therefore of and to be, my recommendation to thes governors also continue be to remain on instruction course to enhance common prices more in January.”


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HOLLYWOOD, Calif., Nov. 12, 2012 /PRNewswire/ -- Sycamore Entertainment Group, Inc. (SEGI), a leading innovator in hybrid film distribution, is pleased to announce it has launched its home entertainment division: SYCAMORE ENTERTAINMENT HOME VIDEO. The newly-formed division will launch with the release of the DVD and Blu-ray of the award-winning drama "The Eye of the Storm," directed by Fred Schepisi, on January 29th, 2013.
"In this new era of distribution, we are thrilled to bring "The Eye of the Storm" to DVD and Blu-ray through our new home entertainment division," says Ed Sylvan, CEO of Sycamore. He goes on to say "DVD and Blu-ray sales account for a significant portion of revenues in a film's life cycle. We created this division to maximize the revenue from this market while the industry transitions to more digital platforms."
SYCAMORE ENTERTAINMENT HOME VIDEO has hired Brian W. Brown as director of Sales. Brown, a 25-year veteran of the home entertainment industry, has overseen home entertainment divisions at New Yorker Films and, most recently, Music Box Films, where he spearheaded the campaigns and sales for such high-profile titles as "The Girl With the Dragon Tattoo" trilogy and Guillaume Canet's "Tell No One." Brown has begun promotion and a specialized marketing campaign for the film.
"Sycamore's vision of the film distribution market place allows me to utilise my tenured experience to its fullest" says Brown. He goes on to say, "This is a fantastic first release into the home video industry; we are receiving a very enthusiastic response from home video wholesalers and retailers nationwide."
The film placed in the top 50 independent movie downloads on iTunes and is garnering attention in the industry with its campaign for awards this season. The Hollywood Reporter's Scott Feinberg's blog 'THE RACE' has recently added Geoffrey Rush as "Possible" in the category of best actor.
Sylvan continues, "The timing of the launch of our new division and DVD release could not have been better. As a result, we are now able to leverage our awards campaign into greater publicity for the DVD release."
Currently negotiating several titles including "Free Angela Davis and All Political Prisoners," Sycamore intends to release six to eight films a year theatrically and 12 to 15 films a year through its new home entertainment banner.
About Sycamore Entertainment Group. (SEGI):
Sycamore Entertainment is a diversified entertainment company that specializes in the acquisition, marketing and worldwide distribution of quality finished feature-length motion pictures. Sycamore's management team utilizes its long-standing relationships to provide market-specific publicity, promotion, media buying, theatrical placement and print and advertising financing for theatrical domestic release.
Contact: Edward Sylvan, 1-888-530-2999
SOURCE Sycamore Entertainment Group, Inc.


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New proportions for spring
Cultural critic Mark Simpson had berated Axe (known as Lynx in other countries) for its hysterical heterosexuality and old-school approach to masculinity. Their new ad makes amends.
The only dress we cared about this week has been returned. But who could have stolen it? See our list of suspects.
The singer has mastered the red carpet game
Optical illusions for a genuine style statement
The one-for-one shoe brand gets a New York flagship
A new documentary goes inside the fabled house as designer Raf Simons takes the reins with just eight weeks to go before his first show.
Brighten up your winter wardrobe, says fashion blogger Anthony Urbano
A little alchemy goes a long way


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A German company, suspected of financial fraud, has nearly quadrupled its valuation to deceive investors, the Guardian reported.
Among them, Buffett, the American God of stocks, was cheated in 2017 six point four three Billion euros (about 5 billion yuan).
Based on this judgment, in February 2017, Buffetts Berkshire Hathaway company purchased William Schulz company for 800 million euros.
Report on Buffetts acquisition of the company in 2017 by German business daily
William Schulz, Krefeld in western Germany, is a rare family manufacturer specializing in stainless steel production and is estimated to be the fourth richest family in the world.
In April 2020, the case reached the New York arbitration court, which found that the company had misled investors and subsequently covered up key evidence. This is not a closed case, the panel said in a 132 page ruling The evidence strongly suggests fraud, and there are few other recommendations in the record.
According to internal sources quoted by local German media, the fraud of the company actually relies on p-chart. According to the report, the companys employees first scanned the letter paper of the customers company, made false orders and receipts with p-chart, and through these documents, at least 47 business transactions were fabricated.
Despite all this moisture, the Guardian says the companys real value is only one point five seven Billion euros, according to the New York court of arbitration, William Schulz must make up for the false six point four three The difference of 100 million euros. In addition, the company is also facing investigation by the local judicial authorities in Germany.
However, the former owner of William Schultz, who said on April 29 that he had evidence that Buffetts company had not incurred financial losses in the acquisition, disagreed with the ruling.
A huge loss of 385 billion in the first quarter
Cut into aviation stocks and sell banking stocks
The above news is another blow to Buffetts image of God of stocks.
On May 2nd, Buffetts Boxill Hathaway company (BerkshireHathaway) disclosed a quarterly report, with a huge loss of 54 billion 500 million US dollars (about 385 billion yuan) in investment books!
Berkshires big loss is tied to the epidemic.
Berkshire Hathaway is an enterprise group composed of companies covering a wide range of industries, so it can be said that it is a reflection of the American economy. Like the economy, it is being destroyed by the coronavirus pandemic. Buffett warned in February that a large part of our business was affected.
In addition, Buffett has repeatedly appeared the operation of fans.
One of the most concern is undoubtedly at the time of the outbreak of the undercut aviation stocks, and then cut meat aviation stocks. In addition:
April 1, cut meat of Delta Airlines, disclosed on April 3;
From March 16 to April 2, the company reduced its holdings of Southwest Airlines for many times and disclosed them on April 3;
From May 11 to May 12, the company reduced its holdings below the United States bank of America, which was disclosed on May 13.
After clearing the airline stocks, Buffett began to toss the bank stocks:
In less than a month, from May 11 to 12, Buffett sold the United Bank of America: sold in total forty-nine point seven eight 10000 shares, the average selling price is thirty-three point zero four Dollars.
If the closing price of United Bank of America on April 15 thirty-three point three three In dollar terms, Buffetts average price this time thirty-three point zero four The price of U.S. dollar reduces the stock of American United Bank, neither losing nor earning.
From Buffetts top 15 heavyweight stocks, consumer stocks are the favorite of the stock gods. Davitta, a health care company, and kraft Heinz, a food company, both hold more than 25% of the shares. In addition, Coca Cola and Rh, a high-end furniture brand, are well known.
Share prices have plummeted 24% this year
Lowest valuation in more than 30 years
Since mid January, the stock price of Berkshire Hathaway has fallen by 24% in total, far more than the overall decline of the same period, which surprised many investors. At the same time, some long-term supporters of Buffett are abandoning him, and some people are joking about the fall of the God of stocks.
The valuation of Berkshires shares at the helm has fallen to its lowest level in more than 30 years.
At the end of March, Berkshire class A shares were valued at about twenty-two point nine three At present, the ratio of stock price to book value (i.e. the price to book ratio) is about one point one five Times, less than One point two At times, Buffett used to say, One point two Times the level at which Berkshire is willing to actively buy back shares.
Brian Meredith, an analyst at UBS, rated Berkshires B shares as buy, with a target price of $233, equivalent to a valuation of a shares thirty-four point nine five Million dollars. In a recent report to clients, Meredith said he believes Berkshires intrinsic value is about thirty-five point two Million dollars. Since 1987, Berkshires average price to book ratio has been One point six In recent years, it has remained stable at One point four About times. Since the late 1980s, Berkshires share price has fallen to book value several times, including during the financial crisis of 2000, 2008-2009 and 2011. Looking forward to the early return of the God of stocks. Source: Yang Bin, editor in charge of China Fund News_ NF4368
Brian Meredith, an analyst at UBS, rated Berkshires B shares as buy, with a target price of $233, equivalent to a valuation of a shares thirty-four point nine five Million dollars. In a recent report to clients, Meredith said he believes Berkshires intrinsic value is about thirty-five point two Million dollars.
Since 1987, Berkshires average price to book ratio has been One point six In recent years, it has remained stable at One point four About times. Since the late 1980s, Berkshires share price has fallen to book value several times, including during the financial crisis of 2000, 2008-2009 and 2011.
Looking forward to the early return of the God of stocks.


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It has been 10 years since the rebranding of the Zimbabwe International Travel Expo to the Sanganai/Hlanganani World Tourism Expo. This year’s expo held at the ZITF in Bulawayo and boasted of 340 exhibitors, 224 international buyers and 24 international media according to ZTA’s head of corporate affairs, Sugar Chagonda.
In the words of Eng. W. Mzembi (MP) Minister of Tourism and Hospitality Industry, the objectives of the expo were to create a platform for business to business exchange for tourism operators in Zimbabwe. As the name Sanganai/Hlanganani suggests meeting and networking, exhibitors, visiting buyers, investors and suppliers of services to the tourism sector from all over the world were able to do just that.
There were market workshops and speed networking sessions at which businesses got to make good contacts in the industry as well as sales. Tour operators and exhibitors also solidified these friendships by showcasing the best of what they had to offer through their individual stands. Most of those that spoke to the ZimShoppingMalls team noted that the level of professionalism and creativity at this year’s Sanganai/Hlanganani was the best that they have seen since its inception; a good indication that the Sanganai/Hlanganani team is certainly progressing in the right direction.
This was not only the Sanganai/Hlanganani World Tourism Expo’s 10th year running but it was also designated by the United Nations World Tourism Organisation (UNWTO), as the international year of sustainable tourism. This saw exhibitors aiming to go green by using LED lighting and recycled materials in setting up their stands. It also brought out the importance of advertising online as an environmentally friendly option to print media – less flyers, less tree felling and less litter post the event and in future. Most exhibitors and tour operators that the ZimShoppingMalls team spoke to were excited at the opportunity to join the ZimShoppingMalls e-Commerce Content Marketing Ecosystem either as an addition to their existing marketing initiatives or as a replacement to the traditional independent website that normally proves more costly in the long run.
Overall, it was a successful, well attended expo which generated good business leads for exhibitors and was instrumental in educating players in the tourism industry about protecting the environment today to ensure that it thrives tomorrow. A very essential message that not only those in tourism need to hear, but the whole world. The event effectively marketed Zimbabwe as a world of wonders that it is and gave other African countries in attendance a chance to showcase their attractions to Zimbabwe and the international buyers that were in attendance.
It is our hope that Sanganai/Hlanganai 2018 will be even bigger and see more African countries come to showcase their tourist attractions and use this huge Expo as a platform to sell their vacation and staycation packages. Effective online marketing and in particular content marketing offers a unique method to sell packages to the rest of Africa and certainly the rest of the world that will appreciate some education on the different attractions prior to committing to a vacation destination.
If your institution or organization is into tourism or doing business with tourism industries then we feel that it is imperative that you attend the next Sanganai/Hlanganani Expo in 2018 to ensure that you educate the world about your services and packages including making solid connections with buyers from all over the world – Remember to go green!
Now that Sanganai/Hlanganani is over, most businesses are busy following up on connections made at the Expo and making sure those relationships yield much progress over the next 12 months.
We cannot wait to see what next year’s expo will bring. ZimShoppingMalls has already started planning…
Thinking outside the box does not make sense anymore because the box does not exist!!! KhuyaMedia just brings you exceptional ideas that yield results. At Khuyamedia, design is simply a rational and logical process initiated to effectively and efficiently solve advertising and marketing problems.


text: 65nm Xbox 360 Delayed admin December 26, 2006 Looks like the new incarnation of the Xbox 360 consoles will be delayed until at least mid 2007 according to Digitimes. Announced earlier in the year, the advantage of the new machines will be the use of a cooler running 65nm process CPU which should end some of the alleged issues of machines overheating. There should not be any known performance increases from this upgrade other than thermal. Rumours of price drops have been swirling since the announcement of the new revision. Though Microsoft has maintained that they plan to reduce manufacturing costs on the machine every year, this may not reduce the price to the consumer. Source: Digitimes Share This With The World!


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Harley-Davidson is celebrating our country’s vets with a new edition for the Pan America™ 1250 Special and Tri Glide® Ultra models – and they’re not keeping the models to the general community.
According to Harley’s press release, two special vets will be awarded a unit from the The G.I. Enthusiast Collection:
“A Medal of Honor recipient for his heroic actions in the Vietnam War after his U.S. Army helicopter was shot down and came under heavy enemy fire.”
“Severely wounded, he continued to fight back and help other injured soldiers. He is an avid Harley-Davidson rider and veteran issues activist.”
Brian “Amarok” Critton
“Critton served for a decade in the U.S. Army, including a tour of duty in Iraq, and now is active with veterans service organizations like Wounded Warrior Project® (WWP).”
Critton’s actions included a trip to a Muay Thai meeting (on a Harley, of course), when the man saw smoke from a 3-vehicle accident and “pulled a woman from the accident.”
So what does the The G.I. Enthusiast Collection entail?
Both the Pan America™ 1250 Special and Tri Glide® Ultra models feature a Mineral Green Denim Deluxe paint job, alongside service-inspired graphics, with the scheme “available only as factory-installed for the Pan America™ 1250 Special and Tri Glide® Ultra models, in limited quantities primarily for the U.S. market.”
The Pan America 1250 Special G.I. model will have a U.S. MSRP of $20,799, with the G.I. Enthusiast Collection Tri Glide Ultra model showing off a U.S. MSRP of $38,099.
Stay tuned for updates, drop a comment below letting us know what you think, and as ever – stay safe on the twisties.


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Meat alternatives are beefing up holiday dinner spreads.
With the growth of niche diets like veganism on the rise, and Americans wanting to incorporate more protein into their meals outside of traditional meats, experts predict we’ll see more plant-based foods on the holiday table this year.
Already, chefs like Martha Stewart are championing the meatless movement this season. The culinary queen hawks “meatless Thanksgiving mains” in a blog post on her website featuring recipes for cauliflower chestnut tarts, a roasted butternut squash lasagna, plus a pumpkin and pecorino gratin. And meal kit delivery service Veestro boasts a new plant-based version of the traditional turkey dinner with a faux “turkey” made with pea protein, carrot and beetroot fibers, and doused in mushroom gravy for $12.99 per serving.
“I don’t see a completely plant-based diet for the holidays, but I do see some of these [meat] alternatives creeping in to make some consumers feel more comfortable,” Darren Seifer, a food industry analyst at market research company NPD Group, told Moneyish. “Maybe in addition to having the turkey, they might have a smaller tofurky [vegetarian turkey made of tofu] so if there is a vegetarian at the table, or someone who is trying to cut back on meat, there is something that’s there for them.”
This is part of a larger trend towards Americans hungering for more plant-based foods: sales of meatless eats grew 8.1% in the past year, topping $3.1 billion in revenue, and the meatless meals market grew 18.3% in 2017 and raked in $169 million in sales, according to a report from the Plant Based Foods Association and market research firm Nielsen. And overall, ingredients popular with vegans are selling well: This year, cheese alternatives saw a 45% sales growth; plant-based pizza saw a 21% sales growth; and people are going nuts over dairy-free almond milk, which saw a three-year combined annual growth rate of 8.2%, according to a Nielsen report last June.
This plant-based product growth isn’t stopping anytime soon: The meat substitutes industry will likely reach nearly $6.5 billion by 2023, up from $4.6 billion this year. One of the big players, Beyond Meat -- a California-based producer of animal-free foods such as plant-based burgers dripping with beet “blood,” grilled chicken made from soy and pea protein, as well as fava bean-packed sausages -- recently filed for an IPO with plans to raise $100 million, according to documents filed on Nov. 16. The company reported its net revenue was $56.4 million since September, a 167% increase from the same time frame last year.
The reason: Millions are following a vegan and vegetarian diet: 3.2% of U.S. adults, or 7.3 million people, follow a vegetarian-based diet, while 0.5% (or 1 million of those) are vegans, according to the publication Vegetarian Times. And even those who don’t shun meat altogether are still trying to nosh on more veggie-based meals: The international food and restaurant consultancy Baum and Whiteman reveals that plant-based eating is the food trend of the year and expects lab-grown meat to be trending into 2019.
Millennial tastemakers are also driving this trend, as adults ages 22 to 37 are 47% more likely than the average American consumer to incorporate plant-based foods into their diets, Nielsen recently reported.


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Annual flagship summit alongside its first-ever international summit to showcase how Tencent’s industrial internet and cloud expertise help businesses succeed globally in digital transformation
SINGAPORE, Nov. 30, 2022 /PRNewswire/ — Tencent introduced its first-ever Global Digital Ecosystem Summit at its annual Digital Ecosystem Summit held on 30 November and 1 December in Shenzhen, in effort to deepen the company’s ties with international audiences.
Tencent introduced its first-ever Global Digital Ecosystem Summit at its annual Digital Ecosystem Summit held on 30 November and 1 December in Shenzhen.
Tencent Cloud and Smart Industries Group (CSIG)’s leaders and experts, as well as strategic business partners, joined together to share their visions for the future of cloud, immersive convergence, Web 3.0 and other detailed strategies to accelerate international growth, while showcasing a diverse portfolio of business success stories on integrating cloud solutions into gaming, fintech, social communications, entertainment, e-commerce, and other verticals.
Industrial Internet: Propelling Collective Success across Multiple Industries
As Tencent looks to further create sustainable growth, Dowson Tong, Senior Executive Vice President of Tencent and President of CSIG, underlined ‘Immersive Convergence’ as an important strategy and roadmap for the company’s future pipeline, “The convergence between our physical and virtual worlds is transforming the way we live. Leveraging our technologies and connectivity solutions, we will continue driving innovations for enterprises to boost their digital competitiveness.”
Tencent has been spearheading the evolution of the Industrial Internet, creating innovative enterprise solutions to enhance performance and bring business value. Today, Tencent’s enterprise communication platform, WeCom connects over 10 million organizations to 500 million Weixin/WeChat active users. Tencent’s cloud conferencing tool, Tencent Meeting/VooV Meeting supports more than 300 million users worldwide, while its blockchain-powered e-signature service supports millions of users to complete signing a contract in only 15 seconds. More than three million of developers have also used Tencent CloudBase to create mini programs, deploy web applications and develop mobile applications.
Global Partner Ecosystem: Co-creating Business Values
Approaching its seventh year of operating in international markets, Tencent Cloud has already made significant strides in supporting enterprises’ growth globally, as well as their expansion into China – including the likes of Fortune Global 500 companies BMW Group, Sanofi, and Novartis.
This year, Tencent Cloud also rolled out its first global partner program, aimed at nurturing a stronger and more diverse partner ecosystem around the world – including more channel partners, technology partners, service providers and consulting partners – to support global digital transformation. To date, Tencent has built more than 400 customized solutions for over 10,000 partners – jointly serving 2 million customers in their digital transformation journey. The Tencent Cloud’s partner ecosystem is generating up to one-third of its total revenues.
Tencent Cloud continues to see an upward growth trajectory and it is now turning to further expansions into Latin America, and the Middle East. Tencent Cloud currently operates in five key regions and markets – Hong Kong & Macau, Southeast Asia, Northeast Asia, Europe and the Americas.
Tong added “Going forward, we will continue to invest in the global market for our cloud and software businesses by expanding our overseas infrastructure coverage, developing our local integration and service partnership network, as well as enriching our product offerings around cloud, video, AI, database, and network security for the international markets. All of this with the goal of building a competitive product portfolio and a sustainable technology business to service and scale with our global customers and partners as the world embraces digital transformation.”
Last year, Tencent Cloud opened six new data centers in Bangkok, Frankfurt, Hong Kong, Jakarta, Tokyo, and Sao Paulo, bringing its total to 26 geographic areas on five continents and 70 availability zones, as well as exabyte-level storage capacity. Its content delivery network has deployed 2,800 acceleration nodes worldwide.
Next Wave of Cloud: Empowering Partners in Web 3.0 Era
Best known for its expertise in cloud and years of experience in the fields of games, audio and video solutions, Tencent Cloud provides a solid and reliable foundation for businesses to adapt and scale into Web 3.0.
Poshu Yeung, Senior Vice President, Tencent Cloud International pointed out that more global partners are looking to integrate their operations and services to adapt and scale into Web 3.0.
Poshu Yeung, Senior Vice President, Tencent Cloud International further pointed out that more global partners are looking to integrate their operations and services to adapt and scale into Web 3.0. He added, “From providing the best hyperscale infrastructure to creating a one-stop shop for cloud solutions, we aim to support the Web 3.0 community to adopt critical technologies, such as the Internet of Things, Tencent Real-Time Communication (TRTC), extended reality, remote and multi-sensory interaction, to drive deeper connection between the virtual and real worlds.”
Digital Transformation in Southeast Asia
During the summit, Tencent Cloud shared more on how it provides support to partners and clients across a variety of industries in their digital transformation journey across Southeast Asia, namely Bank Neo Commerce (BNC), STTelemedia Global Data Centres, Millennium Technology Services (MTS), Helios Informatika Nusantara (Helios), KinderWorld, and more.
Vice President of Tencent Cloud, Southeast Asia’s Krittee Manoleehagul also echoed Tencent Cloud’s ability as a digital enabler in “providing secure, reliable, and smart cloud technologies to support enterprises to improve their business agility.” Manoleehagul also added, “Web 3.0 is a new focus industry and is a natural extension of Tencent’s internet services.”
For example, since the adoption of Tencent Cloud Distributed Database (TDSQL), Bank Neo Commerce (BNC), a digital bank headquartered in Indonesia, is now able to process 2 million transactions and 150,000 loan disbursements per day. This provides reliable and powerful support for more than 50% of BNC’s monthly active user growth, and its 20 million users and 35 million accounts acquired each year.
In another example, STTelemedia Global Data Centres (STT GDC) has collaborated with Tencent Cloud to provide smart building solutions for STT Bangkok 1, a carrier-neutral data centre in the STT Bangkok Data Centre Campus, located at Hua Mak, one of Bangkok’s major business districts. With the adoption of Tencent Cloud Weiling, STT Bangkok 1 has become Thailand’s first smart building with Instavue and database security service (DBSS) implementation, and Raydata 3D visual management, and is now able to deliver up to 20 MW and scale to 40 MW of total IT load capacity, to support their customers’ business expansion demands.
For further information, please visit: www.tencentcloud.com.
About Tencent Digital Ecosystem Summit 2022
Tencent Digital Ecosystem Summit is the annual event of Tencent Group facing the industrial Internet with the highest specification, the largest scale and the widest coverage. And the Tencent Digital Ecosystem Summit 2022 aims to gather global wisdom and insight into new opportunities for industrial development, depict the development blueprint of key technologies such as cloud, AI, big data and security, and display Tencent’s latest research results, strategic planning, cutting-edge technologies, core products and solutions. The conference gathered the industry best practices accumulated by Tencent’s global digital ecological partners in the process of promoting “industrial digitization” and “digital industrialization”. It is regarded as a panoramic interface for enterprises, partners, developers and the public to understand Tencent’s digital ecology.
About Tencent Cloud
Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel and transportation.
Tencent uses technology to enrich the lives of Internet users. Our communication and social services, Weixin and QQ, connect users with each other and with digital content and services, both online and offline, making their lives more convenient. Our targeted advertising service helps advertisers reach out to hundreds of millions of consumers in China. Our FinTech and business services support our partners’ business growth and assist their digital upgrade. Tencent invests heavily in talent and technological innovation, actively promoting the development of the Internet industry. Tencent was founded in Shenzhen, China, in 1998. Shares of Tencent (00700.HK) are listed on the Main Board of the Stock Exchange of Hong Kong.


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1. The company was named for CEO Mark Pincus’ beloved American bulldog, whom you might recognize from the logo. Though its namesake has passed away, employees are encouraged to bring their pups to work.
2. The company reached the 100-million-user mark after just two and a half years.
3. As of summer 2011, American FarmVille users outnumber American farmers five to one.
4. Zynga’s approach to charity is typically playful: Users can purchase game-boosting, limited-edition virtual goods, and the proceeds are donated. Offering items such as a never-withering daikon radish, the company raised more than $3 million for Japanese earthquake relief.
5. DreamWorks Animation CEO (and Zynga board member) Jeffrey Katzenberg says that if he had to start his career all over again, he’d want to be Mark Pincus.


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Which social media platform has over 100 million fans and valued IPO at $3 billion? If you guessed professional social networking website LinkedIn then you’ve guessed right! On May 9, 2011 LinkedIn announced it would offer 7.84 million shares of stock priced at $32 to $35 per share in its initial public offering on the New York Stock Exchange. That makes the IPO valued at $3 billion. After taxes and fees, LinkedIn is expected to raise approximately $146.6 million towards sales and marketing ventures and business operations.
Currently the majority stockholder is LinkedIn Chairman and Co-Founder Reid Hoffman, who owns 21.7 percent of the company. His share of stock is valued at $667.3 million. LinkedIn’s early venture-capital investors, Sequoia Capital, Greylock Partners and Bessemer Venture Partners now collectively own shares valued at $1.22 billion. The Wall Street Journal reported the breakdown of the social media company’s new millionaire executives.
Jeffrey Weiner, CEO:
Shares: 2.3 million
Value: $81.3 million
Steven Sordello, CFO:
Value: $31.8 million
David Henke, SVP operations and engineering:
Value: $11.8 million
Dipchand “Deep” Nishar, SVP products and user experience:
Value: $17.5 million
LinkedIn currently employs over 1,000 people. As of March this year, the social network reached 100 million members. Compared with other social media network values, the highly anticipated Facebook public stock offering predicted for 2012 is estimated to be valued at anywhere between $20 to $80 billion. Yesterday Microsoft announced it will acquire the leading internet communications company, Skype, for $8.5 billion. Skype maintains 170 million connected users and provides real-time communications which will support Microsoft’s devices like Xbox, Kinect and the Windows Phone.


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DALLAS (AP) - Neiman Marcus Group Ltd. on Wednesday posted a loss for its fiscal first quarter due to costs tied to its recent acquisition, along with other unusual costs.
The Dallas luxury retailer was acquired by Ares Management and Canadian Pension Plan Investment Board for $6 billion in October.
Neiman Marcus lost $13.1 million for the quarter that ended on Nov. 2, compared with net income of $49.6 million in its first quarter last year.
The quarter was hurt by $109.4 million in acquisition-related expenses, a $2.8 million management fee to its prior sponsors and a $1.5 million loss in a foreign online retailer. It also recorded stock-based compensation expense of $2.5 million.
Revenue increased to $1.13 billion from $1.07 billion. Revenue from stores open at least a year rose 5.7 percent.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)