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Digital music service Spotify has stepped up its efforts to net more customers in the Kenyan market by launching an exclusive Kenyan playlist.
The playlist, dubbed ‘Gengetone Fire’, seeks to incorporate more viewership and listenership amongst Kenya’s gen-z.
Spotify says the its choice is informed by the genre’s diversity and promising future.
“Its growing popularity is evident, with Gengetone Fire streams increasing by 88% from last year. The playlist has become a conduit for exporting Gengetone to the masses, and new players have emerged alongside the OGs, expanding the genre’s reach,” reads a report released by Spotify.
The Swedish owned streaming giant says majority of Gengetone streams are from Kenya followed by the USA, Tanzania, Uganda and the UK.
“This homegrown style of music has rapidly grown in popularity and has become a cultural phenomenon that resonates with Kenyan youth, specifically those aged 18-24 according to Spotify data over the last 90 days,” adds the report.
Spotify seeks to leverage Kenya’s vast listenership even as it endeavors to stamp its presence in the African market.
“Kenya has the biggest listenership, with more than 15 million streams of the genre. USA comes second, followed by the UK then Tanzania,” Spotify reveals.
Spotify has been on an onslaught to establish a solid presence in Kenya, launching different projects targeting Kenyan musicians in a bid to tils the traffic in its favor.
Last month the streaming platform
Spotify is raised prices for its 200 million ad-free subscribers for the first time in over a decade.
In the US, the cost will increase from $9.99 to $10.99 (£8.57) for those with an individual plan. Similar price hikes also apply to the UK, Canada, Australia and 49 other territories.
However, as a new market for the streamer, Africa has largely been spared the hike meaning prices will remain largely the same in the Kenyan market.


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Catalogue chain Argos has blamed the squeeze on living standards faced by low-income families for a devastating collapse in trade that almost wiped out its first-half profits.
Profits at Argos crashed 94% to £3.4m in the first six months of its financial year, its worst performance since 1998. Like-for-like sales dropped 9.1% in the six months to 27 August, with sales of important products such as TVs down as much as 20%.
The grim figures wiped more than £160m off the market value of its owner, Home Retail, with the shares closing down 20.2p at 99.5p.
"Core customers at Argos have continued to be under pressure," said Terry Duddy, chief executive of Home Retail.
Duddy has argued that Argos customers, drawn from the mass market C2 and D socio-economic groups, continue to struggle because they have not benefited from falls in mortgage rates as much as those with higher incomes.
The squeeze on British households was starkly illustrated on Tuesday, when official data showed that inflation hit a three-year high in September, driven by soaring gas and electricity bills.
Duddy called on the chancellor, George Osborne, to use his autumn statement to increase the income tax allowance to £10,000 to give lower income households "more pounds in their pocket".
Argos stablemate Homebase also suffered falling sales and profit margins, which meant group profits for the half were down 70% at £28.3m on sales of £2.6bn.
Duddy said: "Market conditions remain weak and in these early weeks of the second half have not seen the improvement in sales that we had anticipated." He predicted like-for-like sales would remain firmly in negative territory for the rest of the year and that Christmas, when the catalogue chain makes up to 80% of its profits, would be crucial.
Home Retail is yet to replace Argos's long-serving managing director, Sara Weller, and following her departure in June Duddy led a strategic review to assess whether any of the retailer's problems were self-inflicted. It concluded, however, that Argos's multi-channel formula was the right one, as customers increasingly shopped online or using their mobile phone rather than just in person at one of its 754 stores. "We are gaining ground with our customers and not losing out to our competitors," insisted Duddy.
To boost sales Argos has launched a series of new ventures including a home shopping channel, as well as tie-ups to sell books and childrenswear.
Despite pulling the plug on an attempt to crack the Indian market, it announced plans to pump £22m into a joint venture with Chinese appliance maker Haier Electronics that will see an Argos branded website launch in the fast-growing retail market next year.
But after four years of declining profitability some analysts argued that Argos had deep-seated problems and needed a radical restructuring. They point to the growth of websites such as Amazon, and aggressive supermarkets, with Asda currently promising to be "cheaper than Argos" on toys – a key battleground at Christmas.
The weak figures saw Panmure Gordon analyst Philip Dorgan cut his profit forecast for the year by 25% to £96m. "Management has stated that it has kicked the tyres, looked under the bonnet, taken the engine to pieces, put it back together and decided that it doesn't need to change strategy," he said. "We take a more simple view. If it walks like a duck, quacks like a duck, then it's a duck," he said.
• Greggs is to open shops in motorway service stations for the first time. The no-frills baker and retailer has embarked on a year-long trial with Moto Hospitality that could see shops open in up to 30 service stations. The first of two test shops will open in Lymm, Cheshire, in December.
Greggs chief executive, Ken McMeikan, is testing a number of new routes to market for the baker. Other projects include a coffee shop in the chain's native Newcastle and selling frozen Greggs-branded sausage rolls in Iceland supermarkets.

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Samsung is going to relaunch a new phone. After the launch of Samsung Galaxy S6 and Samsung Galaxy S edge. The phones have got a fantastic response from the users. The curved screen version of the Samsung Galaxy S6 is the Edge.
The Edge has been new to the innovation category. However, the new phone they are going to be launching is Samsung Galaxy S6+. The Korean Electronic giant Samsung is preparing for starting the phone. The news is according to a blog in sammobile.com. It says that the phone will be launched in coming September in the I FA consumer Electronic trade show in Berlin, Germany.
The manufacture of this phone has given the name of project Zen 2. The phone will be featuring a 5.4 or 5.5 Inch super Amoled display. This phone will also have a design like that of the S6 edge which is a curved one.
S6 Edge has its bottom part curved whereas the S6 plus will have both paths of its phone bent, i.e., top and bottom. The phone will feature a lollipop version of Android. With 32 Gb Internal space, it will also feature a 2 GB RAM. It runs a Qualcomm MSM8992 Snapdragon 808 processor.
External memory should be extended up to 128GB. The phone features a camera of 16Mp which can do a video recording of [email protected], front camera of 5 MP which can record 1080p video. Therefore the phone has some excellent features concerning the camera as well.
The sensors like Accelerometer, Gyro, Proximity, Compass, Barometer are also present in the phone. The phone will be able to be Wirelessly charged. The phone will come in two colors that are White Pearl and Black Sapphire. The phone is a feature with other unique services like Fingerprint sensor (PayPal certified), Samsung Pay (Visa, MasterCard approved). The phone uses a Nano-SIM. The phone will also have NFC enabled.
The phone is expected to be a big success in the market. However, the design of the phone is a risk but the step of launching S6+ after the edge was a right decision which can turn out beneficial for Samsung.


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FTC offers events for Tax Identity Theft Awareness Week
Ponca City Now - January 26, 2016 10:12 am
By Rosario Méndez, Attorney,
Division of Consumer and Business Education, FTC
It’s tax season, and you know what that means: identity thieves who want to steal your tax refund are at work. Find out how to stop them during Tax Identity Theft Awareness Week , Jan. 25-29.
The FTC and its partners are hosting a series of events to help you understand tax identity theft, how to minimize your risk of becoming a victim, and what to do if thieves have stolen your tax refund. Check these out:
Jan. 26, 1 p.m. – an FTC webinar for consumers , co-hosted AARP’s Fraud Watch Network and Tax Aide Program . Learn how tax identity theft happens and what you can do if it happens to you.
Jan. 27, 10 a.m. – the FTC and the Department of Veterans Affairs (VA) will host a Twitter chat with information about tax identity theft for veterans. Join the conversation at #VeteranIDTheft.
Jan. 27, 1 p.m. – the FTC, TIGTA and the VA will host a webinar with information about tax identity theft for veterans.
Jan. 28, noon – the FTC and the IRS will co-host a webinar with information to help victims of tax identity theft.
Jan. 29, 1 p.m. – the FTC and the Identity Theft Resource Center will co-host a Twitter chat about tax ID theft. Join the conversation at #IDTheftChat.
(All times are Central Standard Time)
Help promote awareness about tax identity theft. We have free resources to share in your community. Want to know more about identity theft in general? Visit www.IdentityTheft.gov , the government’s one-stop resource to help identity theft victims recover.


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The USDA released their November WASDE report earlier this week, which for the most part was uneventful. There were no new changes to the 2020/21 marketing year, but there was an array of changes to the 2021/22 long grain balance sheet.
The USDA lowered import projections by 1 million cwts to 27 million cwts, which means fewer imports than in 2021. Production was raised by 2.4 million cwts to 146.7 million cwts. Even with the increase, the output is still down more than 14% year over year. Domestic use was bumped up 1 million cwts, but that was offset by exports being revised downward 1 million cwts.
Ultimately, as expected, the USDA lifted its ending stocks forecast by 1.5 million cwts but left the season-average farm price unchanged against last month. The USDA has not made any comments with regards to grading and milling yields out of the delta while field yields have been good. Supplies will get tighter if the milling yields are lower than expected.
It was even less exciting for U.S. medium and short-grain where production was increased 800,000 on stronger than expected yields. Domestic use was raised by 500,000 cwts and exports were unchanged. Overall, the USDA’s ending stocks forecast swelled to 8 million cwts, which is, historically, extremely low.
U.S. paddy exports continue to trail last year’s numbers, with markets such as Mexico, Costa Rica, Venezuela, and Nicaragua all posting notable year-over-year declines. Unlike last year where paddy shipments bolstered U.S. long-grain exports, this year, strong milled rice sales to Haiti and even Mexico have provided the much-needed support.
In Asia, Thai rice prices have recently hit 4-year lows as the country’s abundant supplies is compounded by both higher ending stocks and a larger production in 2021/22. Even with analysts boosting export projections this year, the projected ending stocks are poised to reach 5-year highs. Indicative prices for Thai 100% B recently fell to as low as $374 FOB and is still trading at a premium to India 5% brokens which were quoted at $359 FOB earlier this week.
Despite sinking prices in these two giant rice exporting countries, Vietnam was able to hold prices steady from last week. With China’s rice demand slowing, not to mention Kenya’s, prices are unlikely to find positive support in the immediate future.


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Meyer Burger Technology has finalized its plans to build production unit for solar cells and modules in Germany.
The reason for this change of direction is the realization that the company has not been able to generate profits from its technological leadership in recent years.
Meyer Burger expects to save significant time and economic resources by acquiring existing production sites in Germany. The company will be raising CHF 165 million for building the plant.
Meyer Burger has shaped the development of photovoltaics along the value chain and has set the industry’s essential standards, such as the diamond wire saw technology, the PERC technology and precision measurement technology for solar modules.
Meyer Burger said a large proportion of the solar modules produced world-wide today are based on technologies developed by the company. Meyer Burger, however, relinquished control of its technology by selling its production equipment.
Meyer Burger will manufacture production equipment for Heterojunction / SmartWire exclusively for its own use and aims to become a leading global producer of solar cells and modules.
“The change of our business strategy from equipment supplier to a vertically integrated cell and module manufacturer is the right and logical next step to secure an appropriate share of the value pool that our globally leading technology generates,” said Franz Richter, chairman of Meyer Burger Technology.
The Heterojunction/SmartWire technology has higher conversion efficiency and higher energy yield than the current standard Mono-PERC and other heterojunction technologies currently available.
“The high performance of the modules at comparatively low production costs is expected to enable us to enter both the high-margin and disproportionately fast-growing segment of roof top systems and the more price-sensitive utility-scale segment,” Franz Richter said.
Meyer Burger delivered the proof of concept of heterojunction/SmartWire in mass production at the end of 2019 by establishing a 600 MW production line for a client.
Meyer Burger said it intends to start production in the first half of 2021 and to expand it in consecutive steps in the following years. The company has already secured several letters of intent from potential customers in Europe and the US to purchase a total over 2 GW of cells and modules per year.
Initially, Meyer Burger will produce PV modules primarily for the attractive segment of roof top systems. The company is targeting an annual production capacity of 400MW during this phase.
The company expects that this production volume will already enable the newly positioned Meyer Burger Group to achieve an operating profit.
Meyer Burger CEO Gunter Erfurt said: “We can be in the market with our products within just one year. Our manufacturing in Europe is competitive and offers a significant profit potential.”
Meyer Burger aims to increase annual capacity to 1.4 GW of cell and 0.8 GW of module production by the beginning of 2022 by raising a total of around CHF 180 million of debt in 2021-22. Meyer Burger expects annual sales of CHF400 – CHF 450 million and an EBITDA margin of 25-30 percent within three years.
In the longer term, the company aims to expand annual production capacity to at least 5 GW. Depending on market demand, additional module production facilities are planned in Europe and North America which shall be supplied from a central cell production.


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Lots of small towns struggle with retail, both retaining existing stores and encouraging new stores to open.
In Elk City, Oklahoma, the municipal government actively encourages retail experiments by rebating some sales tax to new retail businesses.
Economic Development Director Jim Mason told me about it at a regional meeting, and I thought it was smart enough to pass along to you.
New retail businesses get a rebate of part of the municipal sales tax they collect and submit. Wisely, the incentive steps down gradually. The rebate is 50% the first year, 40% the second year, and 30% the third year.
It’s a win-win. The new business gets some revenue back, and the city gets more sales tax because of the new business.
Think that’s unfair to existing businesses? They can get in on it with a qualifying expansion of their business, Mason told me.
Read more about Elk City’s efforts to diversify and avoid depending on a single industry, lessons any community could copy.
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Amazon Launches Merchant Programme
(02 November 2022 - USA) Amazon has partnered Parafin to launch a new merchant system that ties repayment to future sales.
With borrowing costs rising, Amazon is seeking to lure US enterprises to its platform with the new programme. The new offering promises to extend credit to sellers in a matter of days with transparent and capped rates, no fixed term, no personal guarantee, no credit checks, and no late fees.
Eligible corporates can access capital from US$500 up to US$10 million, with a payment schedule determined by a fixed percentage of their gross merchandise sales. There are no minimum payments, no collateral requirements, and no interest, with firms instead paying a fixed capital fee.
"We founded Parafin with the mission to grow small businesses, and we’re thrilled that we have the opportunity to do that by providing Amazon sellers with this merchant cash option" said Parafin Co-Founder, Vineet Goel.


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Sun Pharma news
"As per IMS, ezetimibe tablets had annual sales of approximately USD 2.7 billion in the US for the 12 months ended April 2017," it added.
The founder of Sun Pharma has seen his net worth fall to $11.1 billion on Bloomberg Index.
In March 2015, Sun Pharma founder Dilip Shanghvi raced ahead of Mukesh Ambani to become the country's richest person
The reason for the recall is "failed tablet/capsule specifications: out of specification results for increased tablet hardness", USFDA said.
Taro Pharmaceuticals USA Inc is recalling 7,776 tubes of Fluocinonide cream, 0.05 per cent due to cross contamination with other products, the United States Food and Drug Administration (USFDA) said in its latest Enforcement Report.
The FDA filing acceptance follows the acceptance of the regulatory filing of tildrakizumab by the European Medicines Agency (EMA) in March 2017.
"A Form-483 observation letter was issued by the USFDA post the inspection, listing 11 observations.
Patients may end up with drugs that "may not be effective at all" if doctors were made to prescribe only generic medicines,, according to pharma industry body IPA.
Despite USFDA issues and price erosion in the US business, pharma is likely continue to outperform IT in the near term.
The stock fell 2.69% to hit a low of Rs 668 on BSE.
The Novartis portfolio includes top-selling brand TOBI Podhaler, a drug prescribed for symptomatic relief to patients suffering from cystic fibrosis, a genetic lung disorder.
While Sun Pharmaceutical Industries Inc is recalling 83,188 single dose vials of Testosterone Cypionate injection, Zydus Pharmaceuticals USA Inc is recalling 9,561 bottles Atenolol tablets.
The drug is being evaluated for the treatment of moderate-to-severe plaque psoriasis, the two companies said in a statement.
Sun Pharma's Mohali plant import alert has been lifted after approximately three and a half years whereas Halol plant has recently been audited.
Sun gained the plant along with its acquisition of Ranbaxy Laboratories in 2015 and has been attempting to fix quality control problems there that the U.S. Food and Drug Administration (FDA) identified in 2013.
The man leading the charge is NPPA Chairman Bhupindra Singh, 57, who took charge at the beginning of last year.
Indian pharma lobby wants the commerce ministry, India's mission in Washington and New York to proactively engage with the Trump administration and lobby the Capitol Hill to seek policy changes that would favour Indian drug companies.


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Ocado has announced a ‘world first’ trial of a technology that could underpin a digital deposit return scheme (DDRS), in what it claims could prove a ‘breakthrough moment’ in how online retailers tackle single-use plastic.
For the first time, on-pack technology will be introduced to product packaging for one of the UK’s leading online grocery retailers.
The move comes with the industry and campaign groups waiting for the UK government to set out its plans for DRS, including what part a digital solution might play.
Ocado Retail has partnered with Wales-based DDRS pioneer Polytag for the three-month trial, which will see 1.6 million of the retailer’s fully recyclable milk bottles feature ‘unique-every-time’ QR codes which households can scan with their smartphones to receive detailed recycling information.
Although milk bottles are not included in the scope of DRS plans in the UK, because they are so widely included in kerbside collections, Ocado said the aim was to prove that a DDRS with unique tags was viable by using a popular product.
The trial will not involve deposits or rewards.
DDRS exponents believe the technology could work alongside the rollout of a more traditional deposit return scheme, involving reverse vending machines (RVMs) in retail stores in a hybrid system.
Ocodo also flagged research by consultants Resource Futures claiming an ‘all in’ DDRS system could save governments £3.4bn over 11 years by eliminating the need for a network of RVMs.
DDRS depends on unique-every-time QR codes applied to every item of packaging before it is available for purchase. Rather than having to redeem their deposit in-store, once an item is used, households can use their smartphones to scan the code and discard the item in their existing recycling bin, and redeem a deposit into their mobile wallet.
However, the technology has faced substantial technical barriers. A separate trial in Wales, involving several major supermarkets, has been shelved until the new year.
Ocado said it hoped governments in England, Wales and Northern Ireland would take the trial into account in their bid to reverse the UK’s stagnating recycling rates.
Ministers in Scotland have resisted including a digital solution in the rollout of the first DRS system in the UK from August 2023.
The Grocer recently revealed how the Scottish government had dramatically reduced the number of retailers due to take part in its scheme because of fears over the costs of the DRS infrastructure.
It is also widely expected to announce it will allow many online-only retailers to opt out of the scheme.
“As the world’s largest online supermarket, we champion the use of innovative technology as we strive to become the UK’s most sustainable grocery retailer,” said Laura Fernandez, Ocado Retail senior packaging and sustainability manager.
“Polytag’s digital platform offers plenty of environmental and economic benefits for retailers and customers alike – it’s easy to use and when used at scale, could have a hugely positive impact on the nation’s deposit return scheme. We’re looking forward to seeing how our customers respond to the trial and how many would redeem their deposit at home.”
Polytag CEO Alice Rackley said “This world-first trial has game-changing implications for recycling in this country. A successful trial, supported by the world’s largest online-only supermarket Ocado Retail, will be a significant step towards the implementation of a DDRS in this country that will provide a much more convenient and environmentally-friendly way for households to recover their deposits.
“Not only that, but brands will also be presented with radical new marketing tools and a wealth of data on how consumers are recycling their products.”
Jayne Paramor, strategic technical manager, at Wrap, said: “Ocado Retail is establishing vital partnerships with fellow UK Plastics Pact members and wider industry, to lead this important work on DDRS to expand understanding of how we can improve our recycling. We need to focus our attention on positive, impactful changes and look forward to seeing the outcomes of the trial.”
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News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.
All the latest news and stories on the famous family consisting of Kris Jenner, Kim Kardashian, Kourtney Kardashian, Khloe Kardashian, Rob Kardashian, Kendall Jenner, Kylie Jenner, Caitlyn Jenner, their partners, and their children.
Kardashian fans share theory behind family members' sudden weight loss
Kardashian fans say Rob's daughter looks SO grown up baking with Blac Chyna
Kim Kardashian claps back at fans who insist she did NOT eat veggie burger in ad
Kim Kardashian shows off in metallic pants on London date with Pete Davidson
Kylie shows off post-baby curves in a see-through mesh catsuit
Kardashian fans suspect family made a deal with MAJOR brand after spotting clues
Scott ripped for 'disrespectful' behavior toward ex Kourtney in KUWTK clip
Kim suffers TWO wardrobe malfunctions as she shows off curves in sheer pants
Kardashian fans share theory about when 'FAKE' Hulu show will be CANCELED
Inside Kylie Jenner's $700m fortune - including a $73m pink private jet
Kardashian fans have exciting theory about Kim & Pete as they spot 'clues'
Travis' daughter Alabama, 16, flaunts huge hair change with crazy new NEON locks
Kardashian fans suspect Kim got a NEW plastic surgery procedure
Kardashian fans pick wedding dress Kourtney SHOULD have worn in Italy
Kendall nearly bursts out of her bikini amid 'secret boob job' rumors


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More than 50 exhibitors participated at the Chitungwiza Business Expo held at the Town Centre.
The expo was meant to lure investors and business people alike and resuscitate business especially in the industrial area.
In a bid to resuscitate Chitungwiza industry and enhance service delivery, the Chitungwiza Municipality hosted a 3 day business expo that was meant to create a platform for interaction of the local authority and the business community.
Exhibitors at the expo applauded the initiative and said the expo created a platform for them to exhibit their products and interact with their customers.
Chitungwiza Municipality acting public relations officer, Aaron Mhonyera said the expo is expected to encourage appreciation of service delivery and attract investors to Chitungwiza.
The expo held at the Chitungwiza Town Centre also aims at reviving Chitungwiza Tilco Industry which comprises textile and food processing factories which were slowly coming to an extinct due to economic constrains.


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Over the years, the evolution of supply chains has time and again stressed the importance of being agile and flexible. Black swan events are reality checks for supply chains and their degree of resilience and future-readiness. With the onset of a crisis, businesses are forced to shut shop while others keep wading through the uncertainties. The burning question remains, whether the current economic crisis will be the driving force behind transforming global supply chain visibility models for good?
The COVID crisis had an adverse effect on global trade and the maritime industry faced the biggest setback in years. Sadly, it took a global health and economic crisis for the world to take note of the significance of logistics to keep the world economy relevant. With ocean shipments slowing down ports were crammed with storage requests of stuffed containers. The sharp decline in import and export, reduced demand for containers, increased turnaround times at ports, unprecedented fall in crude oil prices, cargo rollover, and blank sailing became common occurrences.
Adjusting to the new normal
Amidst the pandemic’s deterring effects, the industry adjusted to the new normal and started innovating solutions to support the ecosystem. Businesses turned towards technology during these times of crisis for respite and to pave a path towards the desired recovery. Thus, the need for evolving freight technology and digitalization gained momentum, with more players agreeing to the importance of robust IT infrastructure to ensure supply chain resiliency. Additionally, a collaborative approach towards supply chains became a necessity. A manpower intensive industry, highly dependent on-field operations remarkably adapted to remote working norms while the frontline workers continued working hard to make essentials available to the masses. Technological innovation didn’t stop and increased investments in evolving tech platforms became a noticeable trend.
In a bid to support shippers and freight forwarders, Ocean Insights extended its dynamic database of blank sailings at no additional charges. This extensive database helped combat the challenges of matching the vessel supply to demand for shipments and was made available to all through email updates. Zim launched e-bills of lading to expedite freight during the crisis and Evergreen launched GreenX, a digital platform to offer instant quotes and eBookings. The DCSA consortium announced a partnership with Chain.io in an attempt to develop track and trace APIs that connect carriers, shippers, and forwarders. It also published guidelines on compliance with the IMO cybersecurity requirements. Meanwhile, Standard Chartered Bank became the first commercial entity to join TradeLens, the interconnected ecosystem of supply chain partners backed by blockchain technology and the members of CargoSmart-led Global Shipping Business Network signed a shareholders agreement.
Container lines received state financial aid and freight rates have remained relatively stable since the pandemic due to various other reasons such as blank sailings and reduced fuel prices. Maersk reported a 20-25% drop in lifting in the first quarter. BIMCO stated there has been a 16.9% decline in year-on-year volumes in April. According to reports from Drewry, June witnessed an increase in spot freight rates on the major trade lanes. Container shipping alliances played a major role in these unprecedented times through a disciplined approach and avoided cutting rates to fill ships and instead focussed on strategic blank sailings.
The Path to Recovery
While it’s not possible to make long-term forecasts given the uncertainty governing global trade at present. However, what is certain is the fact that the path to recovery is not going to be uniform with every industry adapting to the new regime differently at different paces. Healthcare and FMCG are the main industries facing evident challenges in logistics and in constant need for innovation to drive supply chains to meet demand. Therefore, the recovery in these sectors is expected sooner. Power generation, the automotive industry, aerospace manufacturing are a few sectors that may remain entirely immune. The automotive industry might even see a surge in demand for autonomous vehicles. In terms of logistics, road transportation has been at the forefront during the crisis whereas ocean or air freight have been more severely affected by the pandemic and may take longer to recover.
According to Lloyd’s list, there is an estimated positive growth in the dry bulk sector as capesize rates keep rising. However, container volumes are most unlikely to return to a normal level anytime before 2021. The crisis has accelerated the decline in the growth of demand for container shipping which reflected in how liners have effectively removed capacity to manage otherwise over-tonnage scenarios. The recovery trends for crude and product tankers are on the positive side owing to reduced fleet growth and low order book through 2021. As per Lloyd’s List Intelligence, the net fleet growth forecast for product tankers is estimated to be 1.9% while that of crude tankers is 2% in 2021. Meanwhile, the market for dry bulk trade is expected to decline to 2.1% CAGR till 2024. In another report by Drewry, it has been stated that charter rates for breakbulk and heavy lift vessels are unlikely to recover back to pre-COVID-19 levels until the end of 2021. It further states that as a base scenario if the global pandemic is contained in the coming months, dry cargo demand is expected to rebound in 2021.
On a global level, estimated year-on-year growth of 17.6% is expected for the logistics market at USD 3215 billion post-COVID-19. The major focus of this growth will remain on the continued supply of essentials and building supply chain stabilization initiatives. However, the factors that may hinder the recovery will be an acute shortage of labor, limited availability of COVID-19 testing kits, and ensuring that the available workforce adheres to safety protocols amidst a global pandemic.
Gita Gopinath, Chief Economists, International Monetary Fund said in a recent statement, “The recession this year will likely be more severe, and recovery in 2021 will be slower than we anticipated”. She further stated that the maritime industry will be severely impacted. Although most of the countries are in recovery mode with international border restrictions being eased, the chances of normalcy being restored in early 2021 are quite unlikely.
However, increased digitization and technology investment can be seen as an impetus towards building more robust and agile supply chains. Trends in adopting visibility solutions, robotics, artificial intelligence, machine learning, blockchain, and other advanced technologies in freight and shipping will dominate the path to recovery. While the bullwhip effect is going to govern the post-pandemic era of normalcy, businesses will have to resort to a collaborative approach towards the supply chain where visibility-data integration and standardization will play an important role. With the given industry standards there seems to be a lot of catching up to be done in adopting the technologies that we discuss at large. For now, addressing the very critical need for knowing where the cargo is at any given stage across the supply chain requires better visibility solutions for all stakeholders.
With advanced Track and Trace functionalities of Ocean Insights transparency can be induced into the system. With consolidated real-time shipment data available on a single platform that generates predictive analytical insights, a more resilient supply chain can be expected and delivered.


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Poco F1 (Pocophone F1) Google Chrome browser freeze issue a problem at Google's end
NOTICE: We’ve created an archive of all major developments related to the Pocophone F1 smartphone. We are continuously updating that page with the latest Poco F1 news so that you don’t need to search for information related to the device on a daily basis. Head here to access that page.
Poco F1 made headlines right from the beginning of this year. It was no surprise, that users of Pocophone or Poco F1 demanded a successor to the phone, as it really changed how OEMs dealt with mid-range devices back in 2017-18.
Poco F1 (Pocophone F1) housed all the flagship-level specs like the then-latest Snapdragon 845 processor, 6/8 GB of RAM, a 4,000 mAh battery and so on.
Cut to now, the device is already running the latest Android 10 update and is underway with the MIUI 12 beta program. But, not all is good with the Poco F1 (Pocophone F1).
As per several user reports, a new Poco F1 Google Chrome freeze issue has surfaced the devices. Basically, ever since the last update, every time Poco F1 users are trying to scroll a web page using Google Chrome, the browser freezes and users are unable to use it.
Here are some of the posts of the users reporting the Poco F1 Google Chrome Freeze and hang issues:
I and other friends have this problem, I tried 5 different browsers, chrome has the most problem with this but it happens we all have miui global 11.0.8. stable. When scrolling through webpage with much text like facebook (with browser not in app) page freezes but its not like lag of a phone, I pull task bar or press home and enter back and works again like nothing happened, pleaae fix this its annoying af as its happening more often now…
Just to start, prior to the last update, I had no issues with my phone.
MIUI 11.0.4 Android ,10
Basically, I’m the normal use of Chrome, it seems to just stop being able to scroll or work (looks like it freezes because gifs stop working as well). If I go back to homescreen or turn the screen off and back on, then it goes back to working. The odd thing is that if it’s a long page, and it does this freeze, I can keep scrolling, and although it’s still frozen, when I do one of the methods described above it will actually be where I would scroll to.
I’ve uninstalled the app and redownload it but it still does it. Wondering if anyone else has this issue?
There are tons of Poco F1 Google Chrome freeze complaints, which you can find on an official community platform or other social media platforms like Reddit.
Fortunately related to this Poco F1 Chrome freeze issue, moderators and developers have come forward and have shared their insights. One of the moderators has stated:
There is a latency issue with Chrome and all chromium based browsers. The stock Mi Browser doesn’t have any issues though. I use Firefox too, but haven’t faced this issue. It’s only with Chrome and Google needs to fix it with the chromium base as it’s affecting all devices.
We have earlier highlighted the Google Chrome freezing issues on other Android phones like Samsung and Asus as well. And in both cases, it was termed to be a problem at Google’s end.
Apparently, it is the same glitch that the Poco F1 users are facing. And one of the device team members also agrees to this:
Lag issue in chrome is also occurs on some other phones(even some Samsung phone) so it is mostly like chrome issue.
It is unclear when Google will come up with a fix for this Poco F1 Google Chrome freeze and hand issue, but it is highly recommended to grab the next update for Chrome, whenever it is available.
PiunikaWeb started as purely an investigative tech journalism website with main focus on ‘breaking’ or ‘exclusive’ news. In no time, our stories got picked up by the likes of Forbes, Foxnews, Gizmodo, TechCrunch, Engadget, The Verge, Macrumors, and many others. Want to know more about us? Head here.


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French manufacturers are transforming their production sites to create “industry 4.0” plants. They are also switching toward cleaner energy sources and investing in green hydrogen, for example.
At the Renault plant in Douai, northern France, batteries for the all-electric Mégane E Tech are assembled by robots. This is just one example of many. Last year, French manufacturers installed almost 4,400 robots in their plants, 13% more than in 2020 according to industry association Evolis Symop. As a result, France has risen from 10th to 8th worldwide in terms of machines sold. La French Fab will be at the Hannover Fair in Germany from Monday, May 30 to Tuesday, June 2 to tout the virtues of France’s cutting-edge industrial ecosystem. This major showcase of technological innovation will focus this year on plant digitization and decarbonization.
Manufacturers worldwide are investing heavily to convert to Industry 4.0, a concept that encompasses robotization, 3D printing, collection and analysis of data using AI, etc. The industrial automation market is worth around €150 billion per year globally. According to a survey by Bpifrance Le Lab, 70% of French manufacturers say that modernizing their production system is “an important goal, or indeed a priority”.
Under the France 2030 investment plan, €800 million will be allocated to automation, and €400 million to plant modernization. Several SMEs are leading the way, such as aeronautics supplier JPB Système, which installed sensors to create a connected production line, resulting in a “10 to 15%” increase in productivity. Regarding French digital leader Dassault Systèmes, it provides manufacturers with a “digital twin” of their plants, which is used to prevent failures and simulate the insertion of a new machine into the production chain.
Manufacturing industry must also take steps to reduce its carbon footprint to help meet the targets set out in the Paris agreement, the purpose of which is to limit global warming to +2°C. Carbon-free hydrogen is one of the preferred options for replacing fossil energy sources (coal, oil, and gas). By 2030, the French government plans to invest €7 billion in this promising technology. The war in Ukraine is a game-changer: for the first time ever, “green” hydrogen, which is produced by a water electrolysis process powered by renewable energy, is less expensive than the “gray” hydrogen obtained from fossil fuels.
Multinational firm Air Liquide is already planning to build a 200-megawatt electrolyser in Port-Jérôme-sur-Seine, Normandy, by 2025 – a world record for green hydrogen. Another project named Genvia is being developed by the CEA research center and manufacturing group Schlumberger. The joint-venture is building a high-temperature electrolyser that operates at around 800°C. The yield is expected to be 15 to 30% greater than that of existing models. In the mobility sector, the Alps-based startup Atawey is installing charging stations for vehicles powered by carbon-free hydrogen. It will be part of the Business France delegation representing French industry at the Hannover Fair.
Cleaner plants and roads with La French Fab!
French manufacturer of high-performance electronic substrates; Soitec will be investing…Read more


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|By Business Wire||
|January 27, 2014 12:01 PM EST||
Hoteliers in host markets have seen booking increases of as much as 200% and rates doubling ahead of the US Super Bowl, Winter Olympics and the FIFA World Cup. Pegasus Solutions conducted a comparison of net reservations made in 2014 and 2013 for the same January 20 cut-off for same day-of-week arrivals in each region. The world’s largest processor of electronic hotel transactions reports affected hoteliers have smartly managed inventory ahead of the expected surges in demand.
“We reviewed bookings made through online sites for destinations that would see leisure travel for the Super Bowl in the US, Winter Olympics in Russia, and FIFA World Cup in Brazil,” said David Millili, chief executive officer of Pegasus Solutions. “Some booking increases were registered in destinations like Sao Paulo, which are not traditionally considered major leisure hubs. Other booking growth was not as evident because many hoteliers strategically limited room inventory allocated to third party sites to drive more bookings through the brand site. Hotels that were prepared with a website designed to sell to a global audience will have benefitted greatly from this approach.”
New York City will host most of those attending the National Football League’s Super Bowl on Sunday, February 2. Rates for arrivals on Wednesday, January 29, have climbed by +41% over 2013. This rises to +77% the following day, reaching a high of +97% that Friday, and +83% on Saturday, February 1. Booked rates for the day of the event remain elevated by +45%, but will begin to taper as Seattle Seahawks and Denver Broncos fans return home.
Rates in Russia during the Winter Olympics, which run February 7 to 23, were less consistently inflated. To overcome the potentially prohibitive cost of attending that includes international travel and event admission, hoteliers have worked to keep rates from being a deterrent, with many also offering inventory in travel packages. Sporadic spikes in rates compared to same day last year did occur on select dates, peaking mid-way through the Games, including the 6th (+66%), 7th (+41%), 11th (+56%), 12th (+154%), 17th (+97%), 23rd (+83%) and 24th (+58%).
FIFA’s World Cup from June 12 through July 13 at various venues in Brazil has boosted rates in already popular leisure destination Rio de Janeiro. Sao Paulo, however, has seen reservations jump by more than 200% from what would normally be booked this far in advance for stays during this time period. Rates have been comparable to prior year, which may be due to the five-month booking lead time. One day, July 8, shows an uptick in rates equal to double what would be expected otherwise.
Data reported by Pegasus Solutions comes from billions of transactions processed monthly for nearly 100,000 hotel clients, facilitating more than $16 billion a year. The Pegasus View, produced quarterly, is the only industry report to reflect data drawn from both GDS and ADS transactions, representing the business and leisure markets respectively. Pegasus’ PegasusView Market Performance business intelligence is a monthly reporting product augmenting the global data provided quarterly in The Pegasus View.
About Pegasus Solutions
Pegasus Solutions is the single largest processor of electronic hotel transactions, delivering advanced and affordable connectivity and distribution solutions to nearly 100,000 hotels worldwide. Pegasus connects hotels to crucial sources of business, facilitating almost $16 billion for its clients annually. In addition to foundational global distribution system (GDS) access and online connectivity, Pegasus delivers online, social marketing and booking solutions through its Open Hospitality division, and powerful reservation tools to convert and capture bookings. As a trusted partner in generating guest room demand and sales, Pegasus also offers hotels actionable business intelligence through its PegasusView Market Performance reports to help hotels understand and respond to changing market conditions.
Pegasus has 18 offices in 10 countries, including regional hubs in New York, Dallas, Scottsdale, Frankfurt, London, Madrid, Sao Paulo, Tokyo and Singapore. For more information, visit www.pegs.com or www.openhospitality.com.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
Oct. 23, 2016 10:30 AM EDT Reads: 1,441
"Avere Systems is a hybrid cloud solution provider. We have customers that want to use cloud storage and we have customers that want to take advantage of cloud compute," explained Rebecca Thompson, VP of Marketing at Avere Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Oct. 23, 2016 10:00 AM EDT Reads: 3,994
Apache Hadoop is a key technology for gaining business insights from your Big Data, but the penetration into enterprises is shockingly low. In fact, Apache Hadoop and Big Data proponents recognize that this technology has not yet achieved its game-changing business potential. In his session at 19th Cloud Expo, John Mertic, director of program management for ODPi at The Linux Foundation, will explain why this is, how we can work together as an open data community to increase adoption, and the i...
Oct. 23, 2016 09:45 AM EDT Reads: 1,871
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 23, 2016 09:45 AM EDT Reads: 780
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
Oct. 23, 2016 09:45 AM EDT Reads: 2,471
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service.
Oct. 23, 2016 09:45 AM EDT Reads: 1,005
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Oct. 23, 2016 09:30 AM EDT Reads: 3,811
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...
Oct. 23, 2016 09:30 AM EDT Reads: 2,118
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Oct. 23, 2016 09:15 AM EDT Reads: 2,061
SYS-CON Events announced today that eCube Systems, the leading provider of modern development tools and best practices for Continuous Integration on OpenVMS, will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. eCube Systems offers a family of middleware products and development tools that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Oct. 23, 2016 09:00 AM EDT Reads: 4,454
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
Oct. 23, 2016 08:30 AM EDT Reads: 1,336
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Oct. 23, 2016 08:15 AM EDT Reads: 4,417
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Oct. 23, 2016 08:00 AM EDT Reads: 8,324
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to impr...
Oct. 23, 2016 08:00 AM EDT Reads: 5,675
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Oct. 23, 2016 07:00 AM EDT Reads: 4,101


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Charlie Brown Holiday Classics Not On Traditional TV In Louisiana
A Charlie Brown Thanksgiving and Christmas won't be airing on any national TV networks this year. We have the details on how to watch them for free.
The news of these holiday TV shows not being on traditional TV didn't go over well in the Oleander household. It's a tradition for myself, my wife, and our two kids to watch these classics together. If they take the original Rudolph off traditional TV, we riot.
The Charlie Brown holiday specials premiered on CBS in 1996 and were on ABC from 2001 - 2020. Apple bought the rights to the Charlie Brown holiday specials in 2020. That, of course, was at the height of the pandemic and fans of the TV shows were up in arms. Because of the public outlash at Apple TV, the allowed PBS to play the specials in 2020.
Now for some great news on how you can watch the specials for free. Fastforward three years and Apple TV will be showing the Charlie Brown holiday specials during a free trial period during November and December:
- A Charlie Brown Thanksgiving - available November 18 and November 19
- A Charlie Brown Christmas - available December 16 through December 17
In order to stream the shows, you'll have to download the Apple TV+ App or go to tv.apple.com.
Top Classic Rock Christmas Albums
Gallery Credit: Nick DeRiso


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Flare Network Adds XLM01-03-2021
Flare Network, which previously held airdrops for XRP, announced that it will add the Stellar network to its ecosystem. Thus, XLM can be used in scalable smart contracts.
Google Finance Starts to List Cryptocurrency
Google Finance also added cryptocurrencies to finance.google.com. Thanks to the prices listed under the "Crypto" section, Google Finance users will now be able to reach the latest state of the cryptocurrency market with a single click.
Goldman Sachs Comments Bitcoin and Gold Rivalry
Banking giant Goldman Sachs analysts stated that Bitcoin and gold are not in competition, but that the two assets can grow and gain value together. Additionally, Goldman Sachs argued that the two entities had a different place in the portfolio.
Chainlink Announces New Collaboration
The Kava DeFi platform chose Chainlink as its official oracle solution. Thus, Chainlink oracles will power all DeFi products to be built on Kava. The main purpose is to move reliable decentralized finance products to the most successful and efficient place possible.
AVAX and Phantom Partnership Announced
The partnership between DeFi project Fantom and AVAX, which is the 49th largest cryptocurrency in market value, was a happy development for both parties. Thanks to the partnership, these two blockchains will be connected to multiple chains.
Mastercard Will Not Support Bitcoin in the Near Future
Mastercard announced in its February 10 statement that it would add cryptocurrencies to the payment network, but did not specify which cryptocurrencies they were. In its current statement, the company stated that they do not think of Bitcoin in the near term because its volatility is high and the transaction speed is very slow.
New Version of XRP Ledger Released
According to the statement made by Ripple developers, the new version of the XRP Ledger, which was created to improve and improve the system usage and increase the efficiency of the software in various server configurations; It plays a key role for the Ripple team and XRP users.
500 BTC Ransom Requested from Tether
Tether, the issuer of the USDT stablecoin, claims to have received 500 Bitcoins (worth about $ 23 million) ransom notes. In the announcement made on Twitter, it was reported that the investigation of this extortion attempt disclosed by Tether will continue.
Giant Mutual Fund Will Sell BTC and Receive DOT and ADA
Dubai-based cryptocurrency fund FD7 Ventures announced that it will buy Polkadot and Cardano by selling $ 750 million of Bitcoin under its auspices. The company, which has a net worth of over $ 1 billion, mostly Bitcoin, will make its sales within a month.
Miami Mayor Responds to Yellen02-03-2021
Miami Mayor Francis Suarez said he was not surprised by Treasury Secretary Yellen's recent statements. In addition, "What is attractive to people who invest in Bitcoin is that it is precisely that it is not supported by a central government. So it cannot be manipulated by the central government." made the explanations.
Asset Management Company Stone Ridge Establishes BTC Fund
Stone Ridge, a New York-based company with $ 13 billion in assets under its auspices, has applied to the US Securities Commission (SEC) to purchase Bitcoin.
Goldman Sachs Restarts Its Crypto Service
According to Reuteurs' exclusive report, Goldman Sachs will launch Bitcoin futures for its clients starting next week. In the work to be done, research on blockchain technology and CBDCs as well as Bitcoin trading will continue.
Citibank: BTC May Be the Preferred Currency for International Trade
Citibank analysts, who previously set a target of $ 318,000 for Bitcoin, stated that BTC is an important milestone in the current article they published on cryptocurrencies. According to the bank, Bitcoin is rapidly moving towards becoming a mainstream currency.
Luxury Car Brand Accepts Crypto Payments
Mazzanti, the Italian supercar manufacturer, has become the first automobile brand in the world to raise funds with cryptocurrencies and provide revenue share to its investors with STO. In addition, the company allows all versions of the model called Evantra to be paid in Bitcoin.
Ministry of Finance Made a Statement on Cryptocurrencies
T.R. Treasury and Finance Ministry a statement indicating that the cryptographic developments on issues related to Turkey's crypto followed the money and the situation in the money released. He stated that CBRT, BRSA, CMB and other relevant institutions are working on cryptocurrencies in cooperation.
Japanese Electronics Giant to Support Cryptocurreny
Rakuten, known as the Amazon of Japan; announced that customers can now use cryptocurrencies such as Bitcoin, Ethereum, and Bitcoin Cash. With the support of crypto assets, the payment service covers a wide range of products.
Ripple Will Offer NFT Support
Wietse Wind, founder of XRP Labs, announced the work to add NFT to its XRP Ledger. Witse Wind also emphasized that NFT transactions on the XRP Ledger will work differently than transactions on other blockchains such as Ethereum.
SEC Releases New Statement
The U.S. Securities and Exchange Commission (SEC) has released an eight-page document detailing the framework under which it will examine digital asset investments. According to the released document, the SEC has made it clear that digital assets will face similar levels of scrutiny as traditional securities.
Stablecoin Launched on Avalanche Platform03-03-2021
TrueUSD (TUSD) was launched to expand US dollar liquidity for applications and users in the Avalanche ecosystem. TrustToken plans to bring additional products to Avalanche built on TUSD and will play a role in DeFi applications on the platform.
Goldman Sachs Activates Bitcoin Trading Desk
It has been announced that Goldman Sachs, one of Wall Street's largest banks, will launch Bitcoin futures for its customers as of next week. It was stated that the company will begin customer transactions next week in Bitcoin futures and non-delivery forwards. Goldman was also noted to be conducting potential research for a Bitcoin ETF.
PayPal May Have Acquired Cryptocurrency Custody Company
Payment giant PayPal is said to be in the process of acquiring Curv, a technology firm that allows cryptocurrencies to be stored more securely. Paypal left the questions unanswered. An Israeli news outlet stated that a sales transaction of approximately $ 300 million was made.
Application for the First ETF in the USA
CBOE Global Markets applied to the SEC to launch the exchange traded fund it prepared for Bitcoin. Although the SEC has rejected all applications for ETF to date, the company stressed that a regulated ETF would be safer for the investor and that the Bitcoin market now has a very large audience.
SEC Presidential Candidate Gary Gensler Comments Bitcoin
The US Securities Commission awaits the approval of Gary Gensler as its presidential candidate. In his statements, Gensler argued that the cryptocurrency market should be free from fraud and manipulation. Bitcoin, on the other hand, dropped three percent after these statements.
Autonomous Region in North China to Stop BTC Miner Activities
Inner Mongolia, an autonomous region in northern China, plans to cease all cryptocurrency mining activities in the region by April 2021 as part of efforts to improve energy efficiency.
Grayscale's Litecoin Demand Smashes in February
While Litecoin miners have generated approximately 200,000 LTC in the last 28 days, Grayscale has purchased most of the Litecoins mined by purchasing 175,000 LTC in the last 30 days. On the other hand, the company's Litecoin trust stock contains $ 15.70 worth of cryptocurrency, while the stock is trading at $ 305 on the open market.
Cryptocurrency Bank in India Opens Another Branch
The world's first crypto-finance institution with physical branches has been operating in India in recent months. According to the institution's current statement, they will open a second branch in New Delhi, the capital of India.
Biden's Incentive Package Sent to the Senate
The US House of Representatives passed the $ 1.9 trillion COVID-19 aid package bill, and the law was submitted to the senate for voting.
MoneyGram Sued for Its Negative Statements About XRP
The giant payment company MoneyGram entered into a strategic partnership with Ripple in 2019. After the lawsuit between the SEC and Ripple, he quickly ended the partnership and made negative statements that the lawsuit process was uncertain for XRP. Now, a class action has been filed against MoneyGram on the grounds that these statements are misleading for investors.
SEC's New Management Staff Welcomed for XRP
Ripple recently stated in a statement with the SEC that it was unable to deal with the previous SEC administration. Gary Gensler, known as a cryptocurrency friend, will approve his candidacy as SEC chairman as of March 2. Ripple manager Brad Garlinghouse congratulated Gary Gensler on Twitter, saying they would be pleased to work with the new SEC administration.
New York Attorney General Warns Crypto Investors
In a new announcement, the New York Attorney General's Office warned cryptocurrency investors and stated that investments in cryptocurrencies carry a high risk.
Amazon Supports Ethereum04-03-2021
The cloud computing platform Amazon Web Services, another pillar of the giant technology company Amazon, announced that Ethereum is now available within the Amazon Managed Blockchain service. Users can now create Ethereum nodes on the platform and join the Ethereum network.
Mexico to Use Avalanche Blockchain
Mexico's Quintana Roo State Congress was the first national convention to use Avalanche technology for digital certification of legal documents operating through official correspondence and a file management system.
XLM Introduces New Update
The Stellar (XLM) team officially unveiled the Horizon 2.0 update. The new version of Stellar Core, called Captive Core, will be much more memory efficient. Additionally, users will be able to track actions on the network, send new transactions, and explore the blockchain.
USA Demands Reporting of Cryptocurrency Transactions
In the question and answer section made on the official website of the U.S. Tax Office, it is stated that cryptocurrency investors are not obliged to report digital assets if they invest in fiat money once a year, but if there is another transaction other than purchasing cryptocurrency once throughout the year, it should be reported and notified. were.
JPMorgan Holds a Survey for Institutional Investors
Most institutional investors do not plan to invest in Bitcoin, according to a JP Morgan survey of 3,400 institutional investors. However, 58% of the participants stated that they believe that cryptocurrencies will be permanent.
Cryptocurrencies One of SEC's Priorities
The U.S. Securities and Exchange Commission (SEC) has announced on its official site that financial issues, including cryptocurrencies, will be the priority issues this year. In addition, the SEC will check the security of client assets and funds, whether they are operating in accordance with the rule of digital asset companies.
Ripple Works for Central Banks
Ripple is publicly traded, providing Central Banks a secure, controlled and flexible solution for the issuance and management of digital currencies; It is testing a custom version of the open source XRP Ledger. The new version, developed according to the statements made by the company, will create a bridge between different currencies and assets such as XRP will be released.
Nigeria Vice President Defends Cryptocurrencies
After the ban against cryptocurrencies in Nigeria, the country's president made a statement. In the statement, it was stated that supporting Bitcoin and other cryptocurrencies would be for the benefit of the country.
Ripple Center to Stay in San Francisco
Ripple Co-Founder Chris Larsen stated that Ripple company's headquarters will remain in San Francisco. Larsen added that they are deeply connected to San Francisco and that the city will be the best hub for Ripple.
Crypto Payments Will Be Accepted for Used Vehicles
Quebec-based vehicle store HGreg, which has thirty branches in North America, announced that it will accept cryptocurrency payments for new and used vehicles starting this month.
Ripple Sends a Letter to the Court05-03-2021
After Brad Garlinghouse requested a dismissal of the case, Ripple co-founder Chris Larsen sent a letter to the New York court through his lawyers demanding a dismissal of the case, claiming that the SEC was unable to prove its illegal charges on XRP.
Ripple Demands Rejection of Litigation
Ripple (XRP) CEO Brad Garlinghouse announced on Twitter that he has requested the dismissal of the case against the SEC's amended complaints. In a 5-page denial petition, it was argued that SEC claims are invalid.
Presidency Digital Transformation Office Introduces Blockchain
Following the sharing of the Ministry of Treasury and Finance recently, T.C. The Presidential Digital Transformation Office made an informative post about Bitcoin and its technology on its official Twitter account and announced that it will create a blockchain glossary.
Brave Announces Producing Alternative Search Engine to Google
Brave browser, which has Basic Attention Token integrated, announced the acquisition of the open search engine Tailcat. The Brave browser, currently based on external search engines, offers users the opportunity to choose between privacy-oriented search engines. Tailcat, on the other hand, is built on a completely independent index and does not collect IP addresses or personal data to improve search results.
Colombia's Oldest Bank To Include Crypto Services
Banco de Bogotá, one of Colombia's largest banks, will pilot crypto services as part of a regulatory sandbox project.
Travala.com Starts Accepting Payment With Chainlink
Travala, the booking operator whose monthly revenue exceeded $ 1 million in February, added LINK to more than 40 crypto payment tools. The company will accept Chainlink in 90 thousand destinations.
North America's First Bitcoin ETF Surpasses $ 500 Million
North America's first approved BTC investment fund (ETF) holds more than 11,000 Bitcoins as of March 3. Operating in Canada, ETF saw a trading volume of more than $ 165 million on the first day. The ETF, which opened on February 19, increased by 88%.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, Emir Tanju and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.


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MICHIGAN (dpa-AFX) – The consumer climate in the USA surprisingly clouded over in October. The index for consumer sentiment collected by the University of Michigan fell compared to the previous month by 1.4 points to 71.4 points, as the university announced on Friday after an initial survey. Analysts, however, had expected an increase to 73.1 points. In August, the indicator fell to 70.3 points, its lowest level since December 2011, from which it recovered somewhat in September.
The consumer climate thus remains at a low level. The willingness to buy would be primarily burdened by the recent price hike, according to the university. In September the inflation rate rose to 5.4 percent. It thus returned to the level of the summer months of June and July, when the rate had reached its highest level since 2008.
The assessment of the current situation of the surveyed consumers clouded over again. Consumer expectations also fell, according to the survey.
The University of Michigan indicator is a measure of the purchasing behavior of American consumers. It is based on a telephone survey of around 500 households. The questions asked are the financial and economic assessment of the situation as well as the corresponding expectations./jkr/he


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Retailers under Pressure over Availability, Price03 December 2012
UK - Stronger 'field to fork' food and drink supply chain collaboration are needed to deal with the new normal in UK grocery, according to a new survey.
With significant food and drink raw material price volatility and a challenging competitive UK market for share of the shopping basket, supermarkets and their suppliers must work even closer together, according to Price Waterhouse Coopers (PwC).
Stephen Oldfield, PwC agri-food partner, said: "Long term volatility and short term price shocks in the food and drink supply chain are set to continue. Dealing with volatility in availability and price requires urgent and business-wide commodity risk management led by the boards of UK food and drink businesses, and a collaborative approach with their major customers to collectively manage the effects of price movement."
According to a PwC survey, undertaken at a recent client forum around volatility in commodity prices, only one-fifth of those attending said they had taken significant action, leaving the remainder not having really tackled the issue.
Mr Oldfield continued: "Companies in the middle of the supply chain need to address what they are doing to manage their exposure to commodity price and availability risk and be able to explain it to their supermarket customers. Together, they then need to reach an economically sustainable solution to the way they do business with each other and not deal with it simply at a short term transactional level. In particular, in a period of short term rising raw material prices, failure to recognise these issues could cause suppliers significant economic hardship.
"At the other end of the supply chain, the supermarkets themselves are dealing with consumer pressure for quality and availability at a fair price to ensure they maintain or grow their grocery market share in the new normal of, what is at best, a static market. Product availability, price and quality are an absolute must to retain shopper loyalty and it's just got more difficult."
With product availability, price and quality provided as givens, those polled at the forum voted customer insight (53 per cent) as the most important requirement for retailers and their suppliers to succeed in the new normal environment, followed by innovation (27 per cent) then convenience (16 per cent).
Christine Cross, chief retail and consumer adviser to PwC, said: "We are seeing a power shift in the retailer/food processor relationship with price increases beginning to be passed on to the retailers. The volatility in the market has enabled manufacturers to justify price increases, recently seen in the UK with wheat. However the pressure on retailers to maintain extreme value to keep market share is unrelenting, and in this, the 'golden quarter', pricing pressure is particularly keen.
"Increasingly, retailers as well as manufacturers are having to invest time and resource in understanding and managing volatile commodity prices in order to minimise risk in their businesses.
"The ability to price products correctly and maximise promotional effectiveness, offer genuine insights to the retailers, and knowing what's happening in the commodity market are key in the current environment for processors. The ability to respond to consumers' needs for product innovation and convenience also differentiates the winners in this market."
TheMeatSite News Desk


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Huawei wants to reset its relations with the US wants to initiate and a conversation with President Biden, CEO Zhengfei reportedly told the international press. In the process, he also commented on the rumours about the alleged sale of Huawei's mobile phone division and said a few words of praise about the iPhone 12.
- Huawei CEO Ren Zhengfei wants to talk to US President Joe Biden
- He thinks the iPhone 12 is the best smartphone in the world
- Huawei's smartphone division definitely won't be sold, CEO confirms
It's been a long time since Ren Zhengfei, Huawei's founder and CEO, has spoken to the international press. Now, almost after a year of silence, he has done so again and has taken a stand on several points concerning his company. Of course, this also involves the tense relationship with the US government and the entity list on which Huawei is still on.
Zhengfei has signalled that he is willing to talk to the US government in a bid to reset the tense relations between the administration and Huawei. He said he is ready to talk to US President Joe Biden. In doing so, he is trying to show what benefits the US would also have if cooperation between US companies and Huawei were allowed again:
We still hope to buy large amounts of American materials, components and equipment so we can all benefit from China's growth.
The Huawei CEO also spoke out again on the rumours that have been circulating recently about whether Huawei is considering selling off its smartphone division, as it did with Honor before.
Again, he took a clear stance, saying, "We have decided that we will definitely not sell our consumer devices, our smartphone business." That should put this issue off the table for good then, at least for the time being.
"The iPhone 12 is the best smartphone in the world".
There was then also some unusual praise for Apple, although Zhengfei surely voiced that too for strategic reasons. Namely, he praised Apple for saying that the iPhone 12 is currently the best smartphone in the world.
Also Read: iPhone 12 Pro in review
In his opinion, the iPhone 12 is the device that can most clearly prove how necessary Huawei's network technology is for the US as well. With that, of course, he alludes to 5G and finds that Apple's 5G-ready models are proof of how badly Huawei's technology is needed.
I have no idea how this news will go down with you guys. Huawei's CEO no doubt wants to sound conciliatory, finding praise for Apple and spouting hope where the new US administration is concerned. Personally, though, I'm somewhat skeptical that this address to the international press, presumably intended as a charm offensive, will fall on receptive ears in the US.
To me, the attempt to point out the advantages for the USA sounds a little too transparent and too forced. How do you see it? Do you think that President Biden will actually seek talks with Huawei, or do you think, like me, that unfortunately nothing fundamental will change in the relationship between the Chinese company and the US government in the foreseeable future?
Source: The Verge


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There are rumors that invitations for the iPad Mini event will go out on October 10, which likely means an October 17 event. Since Apple typically releases its products one or two Fridays after its events the iPad Mini will be out on either October 26 or November 2, in time for the holiday shopping season. Some rumored specs include a thinner bezel around the screen, 512 MB of RAM, Apple’s A5 processor, a rear facing camera and their new lightning port.
The Wall Street Journal reports that Asian suppliers have started mass production of iPad Mini components last month. There hasn’t been any word on the price of the smaller iPad or an official name for the product. As usual Apple has been silent regarding the rumors.
Check out how the iPad Mini stacks up against it’s competitors:


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Chromebooks are here for a while now and they’re improving quite a lot. Acer today announced two new Chromebooks for students – the Chromebook 512 and Spin 512.
Both of these Chromebooks feature a MIL-STD 810G military standard to ensure their durability. The keyboards are hard to tamper but easier to fix in case anything goes wrong.
Both of them have a 12-inch display with a 3:2 aspect ratio. Intel Pentium and Celeron powers the Acer Chromebooks. There’s even support for Gigabit Wifi. The Spin 512 folds all the way back into a tablet mode and features Antimicrobial Corning Gorilla Glass to keep it as clean as can be.
The Chromebook 512 will be available for $329.99 and the Spin 512 for $449.99 starting this April.
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McDonald's is rolling out chicken wings throughout the country, something that could raise demand (and prices) for wings.
Business Insider reports on the national launch of Mighty Wings after a successful test in Chicago, while Nation's Restaurant News notes that the new menu item could be a big win for McDonald's over rivals like Burger King and Wendy's.
Golden Valley-based Buffalo Wild Wings, however, is expected to weather the new competition well, analysts said. Morgan Stanley noted that Buffalo Wild Wings customers are generally drawn for the sports and beer as well as wings, so McDonald's isn't a big competitive threat.
Mark Reilly manages daily and weekly coverage at the Business Journal newsroom.


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ASPone, the London-based trading, market data, connectivity systems developer and managed services supplier has launched a new initiative aimed at positioning the company to exploit the growth occurring in trade capture, trade routing and straight through processing (STP) within the over-the-counter (OTC) markets with capabilities for multi-asset classes and financial markets globally.
ASPone recently formed a strategic alliance with Reuters to incorporate its proprietary technologies into the Reuters Trade Notification Service (RTNS). The company says this offers significant operational benefits to traders in the FX and money markets by providing a uniform method of post voice-trade capture and allows for fully electronic confirmation and settlement.
“In the past we have been the hidden power delivering other organisations’ trading solutions. ASPone is a proven brand and we are coming to market with an exciting range of products and services,” says Patrick McGrath, Managing Director.
ASPone says it is also adding market data analytics and derivatives pricing tools to its products, plus a complete managed network service for voice trading and data.


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At the 2016 Consumer Electronics Show, Netflix announced a significant international expansion of its service to an additional 150 countries. Netflix has announced that with this expansion, it will now operate in almost every country where the company can operate legally or logistically. A notable exception was China, which led the barriers to operating internet services and media in the country due to its regulatory climate. Hastings explained that the company plans to build relationships with local media companies that could serve as partners for the distribution of its content in the country (with the aim of focusing primarily on its original content), but explained that they are not in a hurry and could therefore take «many years».        In February 2013, Netflix announced that it would be hosting its own awards ceremony, The Flixies.  On 13. In March 2013, Netflix announced a Facebook implementation that allows US subscribers to access «Watched by Your Friends» and «Friends` Favorites» by agreeing.  This was only legal when the Video Privacy Protection Act of 1988 was amended in early 2013.  In 2018, Netflix pulled out of the Cannes Film Festival in response to new rules requiring films in competition to be released in French cinemas. Okja`s Cannes premiere in 2017 was controversial and led to discussions about the relevance of films with simultaneous digital releases screened at an event that screened feature films.
The audience also booed the Netflix makeup plate at the screening. Netflix`s attempts to negotiate a limited release in France have been limited by broadcasters, as has France`s cultural exception law, which prohibits theatrical films from being made available via video-on-demand services for at least 36 months after release.   . In 2014, Netflix announced a four-film deal with Adam Sandler and his Happy Madison productions.  In January 2020, Netflix announced a new contract for four films worth up to $275 million.  In June 2008, Netflix announced its intention to discontinue its online subscriber profile function.  Profiles allow a subscriber account to contain multiple users (e.g., a couple, two roommates, or parents and children) with DVD queues, ratings, recommendations, friend lists, reviews, and separate intrasite communications for each user. Netflix claimed that deleting the profiles would improve the customer experience.  However, likely due to negative reviews and reactions from Netflix users, Netflix reversed its decision to remove profiles 11 days after the announcement.  In announcing the reinstatement of the profiles, Netflix defended its initial decision by stating, «Due to the ongoing desire to make our site more user-friendly, we believed that removing a feature used by only a very small minority would help us improve the site for everyone,» and then explained the opposite: «Listen to our members, We`ve found that users of this feature often describe it as an essential part of their Netflix experience. Simplicity is only a virtue and can certainly be offset by an advantage.
 In March 2011, Netflix began acquiring original content for its library, beginning with the hour-long political drama House of Cards, which debuted in February 2013. The series was produced by David Fincher and starred Kevin Spacey.  In late 2011, Netflix recorded two eight-episode seasons of Lilyhammer and a fourth season of the former Fox sitcom Arrested Development.   Netflix released the supernatural drama series Hemlock Grove in early 2013.  In March 2012, Netflix confirmed to TechCrunch that it had acquired the domain name DVD.com. In 2016, Netflix quietly rebranded its DVD mail-in service service as DVD.com, A Netflix Company.   . Time Warner CEO Jeff Bewkes praised Netflix`s ability to monetize older content that previously didn`t generate money for media companies.  On January 14, 2013, Netflix signed an agreement with Time Warner`s Turner Broadcasting System and Warner Bros. Television to distribute content from Cartoon Network, Warner Bros.
Also in January 2016, Netflix announced that it would begin blocking virtual private networks, or VPNs.  At the same time, Netflix reported 74.8 million subscribers and predicted it would add another 6.1 million by March 2016. Subscription growth was driven by global expansion.  By the end of the year, Netflix had added a feature that allows customers to download and play certain movies and shows offline.  In India, Netflix, along with Disney`s Hotstar, announced in early 2019 plans to adopt self-regulatory guidelines for streaming content on their platforms in the country to prevent the possible implementation of state censorship laws.  The Jordanian series Jinn was condemned by members of the country`s government for violating the country`s moral standards, and the country`s attorney general attempted to ban the streaming of the series.  On September 3, 2019, Netflix applied for a licence to continue its streaming services in Turkey under the country`s new broadcasting rules. Istanbul`s Supreme Council of Radio and Television (RTÜK) has issued new guidelines requiring content providers to obtain a new license to operate in the country.  RTÜK then ordered Netflix to remove LGBT characters from their original Turkish series Love 101 and The Protector.
  Netflix subsequently suspended ongoing production of its Turkish series If Only, which was also ordered to remove a gay character in order to be released.  Netflix Inc.`s organizational structure is based on the business need to make quick decisions to respond to changes in the online entertainment market.


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It is starting to get to the point now where more and more stories come out seemingly weekly about yet another banking scandal. Another data breach… Another notch toward the impending collapse in trust of the traditional high street bank. Step forward, the alternative banking apps.
It’s now becoming a well known fact that Millennials are not only part of the future but also a large part of the “now”, too. The oldest of the millennial category are now reaching their 40s; a very large proportion of the UK population is now within this demographic and the tendency of this demographic is to try new, innovative and “disruptive” technologies to help them improve their lives. Now, in an era of further distrust by banks; there are online alternatives sprouting up all over the place to try and claim their slices of this massive market.
Disrupting the trend
Like Purple Bricks is doing for the housing industry, AirBnb did for the travel industry and now apps such as Revolut, Monzo and Atom (to name a small few) are doing for the banking industry, it’s all about that word “disruption”. We are entering an age where old institutions that are slow to adapt to changing market environments are being hit by high tech alternatives. But what is so attractive about these apps and why are people preferring to move away from the larger, more traditional banks in favour of these small Fintech startups that seemingly don’t have a large amount of credibility?
It’s all about trust
You don’t need me to tell you about the massive financial crash that saw thousands of people suffer across the country whilst bankers were still paid their large bonuses. Pile that in with stories of data breaches, libor rate scandals and a general feeling of distrust among all of the major institutions, consumers are starting to turn their back. And they’re doing so by moving – in their droves – to these Fintech disruptors. The trade-off? Lack of credibility is made up for by ease of access, transparency of service and a general feeling of “let’s try something new for a change”.
But with this in mind, these Fintech alternatives mean serious business, too. It only takes a quick Google search to learn that Revolut has grown with massive strides; hitting 2 million users as of June 2018 and there’s no looking back either. They have recently managed to raise $338m over 10 rounds to start cementing themselves as a real alternative to the larger high street banks – they mean serious business. As do the many other Fintech alternatives out there already aforementioned.
It’s not totally over
One thing to note however is that many people aren’t absolutely ditching their loyalties with the Barclay’s and Lloyd’s of this world just yet – many people with a Fintech banking account still hold on to their main current accounts with the mainstream banks. You will also be wrong to think that the larger banks are just rolling over and letting this happen without a fight, too.
Most of the institutions now have their own banking apps that makes it much easier for you to manage your accounts via your smartphone – which is seemingly the way that everything appears to be moving nowadays. The interesting milestone to keep an eye out for is when people do start completely leaving their high street banks for a Fintech alternative and completely severing their ties with big corporate banks.
Conversational aspects are so important to an increasing number of people and this is shown by the many different apps that are available to connect to your Facebook Messenger account. Plum, among many others, is a savings account that connects to your bank account and your Facebook Messenger account. Using your spending history and commands that you give it through Messenger, it uses an algorithm to work out safe amounts to take from your bank account and deposit into a savings account. You then receive daily updates via a Facebook message and can withdraw or deposit more through Facebook, too.
This shows that to facilitate a change, you don’t even need to provide a mobile app. It seemed that the large institutions had mortgages and credit cards as their saving grace but even that doesn’t seem too likely anymore with online mortgage providers and credit card companies also appearing in the Fintech space, making the need to stroll into your high street branch even less necessary. How are these banks going to combat this? Time will soon tell.


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Corporate social media, as a rule, is a dicey enterprise. The bigger the corporation, the dicier the enterprise. With small start-ups, companies can afford to be off-color with humor and even brusque to the point of rude, but legacy brands–in this case, auto giant Chrysler–have minted their entire livelihood off of presenting themselves as the pinnacle of the American experience. So what happens when such a brand hires a social media AOR to handle their Twitter account and the account manager in charge of said Twitter commits a huge gaffe?
Let’s recap the events. Two days ago, an account manager from New Media Strategies in charge of manning Chrysler’s Twitter account tweeted:
I find it ironic that Detroit is known as the #motorcity and yet no one here knows how to [expletive] drive.
That tweet led to Chrysler–understandably–canceling the rest of their contract with NMS, which in turn led to NMS firing the account manager. Auto-blog Jalopnik’s Ray Wert says that was wrong and too harsh but a legacy brand like Chrysler hasn’t minted its reputation on off-color humor and snide remarks; for decades, it’s been a mild, family-friendly brand.
And even that Super Bowl ad underscored by an Eminem-assisted soundtrack–part of Chrysler’s Imported from Detroit campaign–doesn’t make sense of the reckless account manager’s actions. Chrysler was leveraging Eminem’s image and his proclivity towards profanity. They licensed the rights to play his song during their 0:30+ TV spot.
The flippant tweet from an account manager who may have been issuing an outburst meant for his personal Twitter account? Definitely not part of Chrysler’s pro-Detroit narrative. There was no agency or committee behind that move and most of all, it’s the type of tweet that would alienate much of Chrysler’s consumer base.
While anyone could blame Chrysler for being too stodgy to smooth over this wrinkle with some quick wit, their response–corporate or otherwise–is theirs alone to make. And with social media such an emerging industry, there isn’t much wiggle room for error.