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- Amazon is working to introduce Key for Business in the USA. With this, email ordering business gets a key to apartment doors to deliver packages faster and easier, like those Associated Press mentioned.
- For Amazon, this system means huge savings in time and money. Drivers can drive to more stations per shift, and the risk of parcel theft will be reduced.
- Critical voices assert that such a system can harbor data protection and security problems.
You no longer want to ring the doorbell and no one opens it – that’s what the online mail order company Amazon has to put up with. In the US, the shopping giant is paying more and more landlords across the country to give Amazon drivers the opportunity to open apartment doors themselves, just as they Associated Press mentioned. In some cases, Amazon is said to have offered financial incentives to introduce the system.
The service that has become widespread in the country is called “Key for Business”. It is common practice in the United States to place packages on the doorstep when residents are away. But sometimes, parcels were stolen or disappeared. To address this, Amazon wants to give its providers the opportunity to park packages in the entrance area of apartment buildings. Parcels will not be parked in front of the door and will be stolen frequently, which may save additional costs. In addition, it will save a significant amount of time on Amazon.
Data protection and security
Still, there are some things to consider. The system, which was first announced in 2018, may pose some security and privacy issues. When asked, the company said it would run security checks on senders who can only open the front doors if they have a package on hand to check. However, renters who live in apartment buildings may not know that Amazon employees have access to their apartment buildings. The company leaves it up to homeowners to inform their residents.
Many rental complexes in the United States are already equipped with number codes as apartment building door keys. Amazon will have to save codes for homes in one device. However, this does run the risk of being hacked, according to a data protection official. Ashkan Soltani was the senior technical advisor to former President Barack Obama during his tenure. He was critical of the Amazon system. According to Soltani, any device connected to the Internet can be hacked. Malicious actors can try to open doors. “You’re basically inserting a foreign device connected to the Internet into an internal network otherwise,” Soltani said. Regarding possible hacker attacks, Amazon has not yet released an official statement.
The company has installed the system in thousands of apartment buildings but has so far refused to provide the exact number. In some apartment buildings, a sticker with the Amazon Smile logo on the doorbell shows that the system is available there. Salespeople spread across cities across the country to get property managers to install it. Systems are installed and configured free of charge. Occasionally, people who agree to the system will receive a $100 Amazon voucher.
Key Action is in progress
Until now, only the US Postal Service could reach apartment buildings to access mailboxes. UPS has also gone through a testing phase with a smart lock company to enable employees to enter the building without having to ring the doorbell. However, this was discontinued after a shorter period of time without giving reasons. The company said customers could instead deliver their packages at nearby stores, as is common in Germany, when they are not at home.
Since Amazon has used salespeople across the country to persuade more property managers, the system has been on the move. To work in sales, the company advertises potential commissions from 3,000 to 11,000 USD. The total amount the company spends to enter the system, Amazon does not want to disclose. The company seems eager to establish order across the board. According to experts, the impetus for this may be the possible cancellation of the competition. For online wholesalers, Amazon will be the only delivery service besides the post office that has set up such an offer. If it is successful and privacy issues can be resolved, many competing providers can be replaced at the moment.
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text: Aikman, Staubach say they'll run Cup car in '06 Owners strike deal with Gibbs, say team will run in Daytona 500 August 16, 2005 04:28 PM EDT (20:28 GMT) DALLAS (AP) -- Texas Instruments Inc. will be the primary sponsor for a NASCAR team run by former NFL stars Troy Aikman and Roger Staubach, who aim to have a car and driver ready for the Daytona 500 in February. Texas Instruments will announce Tuesday it plans to use the car to promote its DLP, or digital light processing, technology used in high-definition televisions. Company officials declined to give financial terms of the three-year NASCAR sponsorship, but primary sponsors on the Nextel Cup Series commonly spend $15 million to $20 million. Aikman, Staubach and veteran Trans Am Series driver Bill Saunders formed Hall of Fame Racing, which in turn reached a deal with Joe Gibbs Racing to provide cars, engines and personnel. One of the team's first jobs is finding a driver and crew chief. "We're going to have to fast-track it on some things, but we can put a team together and a competitive team,'' Aikman said. "Everything has come together in a positive way.'' Both former Dallas Cowboy quarterbacks went into the business world after winning five Super Bowl rings between them. Aikman owns a car dealership and Staubach runs a real estate firm. They have been trying to break into the racing game for about two years. They thought they had an agreement about a year ago with Hendrick Motorsports to provide cars and other gear, but the deal fell apart. Aikman said Hall of Fame Racing's car would run in both of next year's Nextel Cup Series races in Texas. He said he and Staubach were also looking for a sponsor for a second car. For Texas Instruments, NASCAR represents a new approach in the semiconductor company's effort to promote DLP, which more than a half-dozen manufacturers including Panasonic, Samsung and Toshiba use in HDTVs and home and theater projectors. what's this? Find An Automotive School Near You Find the perfect automotive school in your area. Search our listings... collegesurfing.com Free Gas for One Year Gas prices too high? Click now to get gas for free. $1000 value - act soon! everyfreegift.com GEICO - Get a Car Insurance Quote Today Visit GEICO.com for an instant, line-by-line rate quote. In just... geico.com DLP sets compete with high-end TVs made using plasma and liquid crystal display screens. Last year, Texas Instruments tried TV, radio and Internet advertisements in eight cities to convince TV shoppers to look for sets with DLP technology. Another round of advertising is planned in the coming weeks. "We had to find different ways to get our name out there,'' said Doug Darrow, the Dallas-based company's marketing manager for DLP. ``We were attracted to NASCAR because of the tremendous fan loyalty, the huge fan base and great (TV) ratings.'' NASCAR cars are known for flash and color, resembling high-speed billboards that promote everything from breakfast cereals to Viagra. Darrow said they hadn't settled yet on a design for the new car. "We are a technology company,'' he said, ``so we want it to look really cool.'' We need a star on the hood, and a cool number. Oh yeah, a driver.

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PRIME Minister David Cameron has highlighted the role of the Northumberland Gazette in supporting local business as newspapers announce the winners of Local Business Accelerators.
And he extended his congratulations to the winning businesses who will receive a substantial allocation of free advertising and mentoring from local business leaders.
Mr Cameron said: “Congratulations to all the winners of the Local Business Accelerators scheme. It’s brilliant that so many promising young companies, from such a wide range of sectors, are benefitting from this excellent initiative.
“Entrepreneurship, creativity and ambition are essential for our economic recovery and through Local Business Accelerators, newspapers such as the Northumberland Gazette are supporting some great new British businesses to grow, and helping to boost their local economy.
“I wish the newspapers, businesses and their mentors every success over the coming months.”
Northeast Press managing director Stuart Birkett said: “Coming only a few weeks after we launched the Keep Northumberland Working campaign, it is great to be able to reward some exciting young local businesses with a prize that should help kick-start their growth in 2012.
“The judges were delighted with both the number and range of businesses entering the competition and it proved a very difficult task to select the best from such a great range of entries. However, the winners all exhibited a blend of commitment, growth potential and at least a touch of uniqueness that made their business stand out.
“If young businesses are the future lifeblood of the local economy, then enterprise in Northumberland is destined to flourish.”
Later in the year, one business will go on to be crowned the overall Local Business Accelerators winner and receive mentoring from the campaign’s national ambassador Deborah Meaden, of Dragons’ Den.
Backed by high-profile figures including the Prime Minster and the CBI’s John Cridland, the campaign has seen the local newspaper industry come together to deliver a shot in the arm for British business.
Local Business Accelerators has also received the support of Stephen Welton, Business Growth Fund (BGF) chief executive, who said the initiative was providing a ‘powerful boost’ to young businesses.
Mr Welton said: “I am delighted to lend my support to the Local Business Accelerators initiative which is offering a powerful boost to young businesses throughout the UK.
“Clearly economic conditions continue to be challenging; but we need businesses to be considering the opportunities and focusing on what they can influence.
“When growth is harder to achieve, history tells us that the most successful companies are not those with defensive strategies.”
The BGF has contributed to Local Business Accelerators by offering a series of free half-day workshops at its regional centres to winning businesses.
Mr Welton added: “Our workshops will help business owners to think about how they can expand, how they can reach new audiences and new markets, how they can begin exporting and how they can raise the capital that they might need to fund their ambitions.
“The question that BGF will be addressing in 2012 is how best can we find, encourage and support ambitious business owners. The Local Business Accelerators scheme is playing a vital role in furthering this ambition.”
The winners of the Northumberland joint programme, which covers the Gazette and its sister titles the Morpeth Herald, News Post Leader and Berwick Advertiser, were CJ Performance Cycles in Cramlington, which came first, Blitz Clean in Ashington and Barkers Northumberland in Morpeth.
Kayola’s Deli in Morpeth and Berwick-based DM Designs were runners-up.


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Dads prefer baseball tickets this Father’s Day, or tickets to another sporting event. Baby Boomer dads are also more likely to prefer a last-minute getaway as the best. Many past surveys have confirmed that most dads will stay home on Father’s Day and fire up the grill and drink some beers, but around 30% of Dads plan to dine-out.
Nearly half of American dads agree they do not want another stupid, or useless gadget. The absolute worst Father’s Day gift is personal care products, especially cologne.
Senior CardTrak, CardData and CardFlash Analyst Robert McKinley, father of six adult children and 10 grandchildren, says the best gift has to be memorable and any event ticket totally rules. The second choice would be a fishing trip.
Father’s Day 2019 Spending
According to the National Retail Federation’s annual survey, Father’s Day spending has grown 70%, or approximately $6.6 billion, since 2009. The biggest drivers of Father’s Day spending are growth in spending by consumers ages 35-44, and spending on clothing, special outings and gift cards. This year, 76% of people plan to celebrate and are expected to spend a record $138.97, up from last year’s $132.82, and up from $91 in 2009.
The NRF survey found 39% of consumers will head to department stores, 34% will shop online, 24% will shop at a discount store, 23% at a specialty store, 11% at a specialty clothing store and 2% via catalog. Over half of smartphone/tablet owners plan to use their device to assist in Father’s Day gifting decisions, with 38% using their mobile device to research products and compare prices.
Father’s Day Demographics
A past Capital One survey found 30% of Americans who celebrate Father’s Day plan to simply purchase food for grilling/cooking, while 24% plan to purchase a gift card and 23% plan to purchase a product/gadget. Millennials (15%) and Gen Xers (9%) are more likely to purchase tickets to a sporting, music or tasting event than baby boomers (3%).
The Capital One survey also discovered Baby Boomer dads (22%) are more likely to prefer a last-minute getaway than Millennial dads or Gen X dads. Millennial dads (30%) are more likely to prefer attending a baseball game or other sporting event than baby boomer dads. Dads with children in their households are more likely to prefer to attend a baseball game or other sporting event (21%) or have someone do their chores like mowing the lawn (14%) than those without children in their households.
By the way, the NRF says those who celebrated Mother’s Day planned to spend an average $196 this year, compared with $180 in 2018. Consumers ages 35-44 are likely to spend the most at an average $248, up from $224, and men are likely to spend more than women at $237 compared with $158.
Sorry dads, moms are worth $58 more.


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Trust your gut – synthetic food dyes could be bad for you.
A new study from Cornell and Binghamton University researchers adds evidence to recent theories that common food dyes, which give your favorite supermarket snacks and confections their vibrant colors, are doing damage to your digestive system.
Food colorants such as Red 40, Yellow 5 and Yellow 6 can be found in a majority of products in the US – 90%, to be strikingly exact.
While it may seem obvious to some that items such as candies, cakes and other sweet treats contain dyes to boost their aesthetic appeal, food coloring can be found in a variety of products, including flavored drinks, chips, cereals and even over-the-counter medications.
“We found that specific nanoparticles — titanium dioxide and silicon dioxide — ordinarily used in food may negatively affect intestinal functionality,” senior author Elad Tako, who is also an associate professor of food science at Cornell, said in a statement. “They have a negative effect on key digestive and absorptive proteins.”
The study, published in the journal Antioxidants, used “human-relevant doses” — an amount comparable to what ordinary people might consume — of titanium dioxide and silicon dioxide in a lab test involving chicken eggs, which simulated a comparable response to that of a human.
Researchers injected the food dye nanoparticles into the eggs and, upon hatching, found cellular-level changes in the animals’ blood and intestines. Their findings suggest such dyes could have a similar impact on humans.
While the discovery is concerning, experts aren’t sounding alarm bells just yet – Tako admitted more research is needed before society swears off food coloring.
“We are consuming these nanoparticles on a daily basis,” said Tako. “We don’t really know how much we consume; we don’t really know the long-term effects of this consumption.”
Past data suggests that humans consume food coloring, specifically Red 40, in higher concentrations than the Food and Drug Administration advises — up to “two to three times the FDA’s accepted daily intake,” according to one doctor’s report.
FDA guidance states that synthetic food dye intake should not exceed more than 3.2 milligrams per pound of the consumer’s body weight; however, the amount of dye used in any given product can be difficult to ascertain without digging into the research.
A study from late last year yielded “alarming” results about the effects of Red 40 — sometimes called Allura red — on the human digestive tract. Researchers from McMaster University in Ontario, Canada claimed the synthetic dye could potentially trigger irritable bowel and Crohn’s diseases, after observing the biomarkers of damage in the gut cells of mice.
“The literature suggests that the consumption of Allura Red  also affects certain allergies, immune disorders and behavioral problems in children, such as attention deficit hyperactivity disorder (ADHD),” said the study’s author Waliul Khan in a statement.
Food dyes have also been known to cause allergies. Although rare, Red 40, Yellow 5 and Yellow 6 – the three most common synthetic colors – are the most likely to prompt a reaction.


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STOCKHOLM: Auto technology group Veoneer posted a smaller than expected quarterly operating loss on Friday and stood by its forecast for reduced full-year losses despite the coronavirus crisis.
The maker of radar and vision systems reported a $64 million operating loss, improving from a $137 million loss a year ago and well above the $134 million loss forecast in a poll of analysts published on the company's website.
The car industry, which was already grappling with slowing demand and mounting costs for the shift to electric vehicles and advanced automation before the pandemic hit, was particularly hard hit early in the quarter as production was halted in many markets by widespread lockdowns.
Sweden-based Veoneer, which competes with the likes of Aptiv , Bosch and Continental, said customers in Europe and North America had gradually ramped up output during the latter part of the second quarter.
"Despite the extreme conditions in the quarter, our market adjustment initiatives are having the desired effects and we are currently on track to reach our efficiency targets for 2020," CEO and Chairman Jan Carlson said in a statement.
Veoneer has moved to cut staff and furloughed still more while also trimming spending on research and development, which is expected to drop by more than $100 million from last year.
The company, which makes vision systems, radar and software for advanced driver-assistance systems (ADAS) and supplies carmakers such as Daimler, Ford and Honda , said it still expects sales this year to outpace light-vehicle production.
Under the agreement, the homegrown automaker will pay over INR 725 crore and the acquisition includes entire land & buildings, Vehicle Manufacturing Plant along with machinery and equipment situated therein; and (iii) transfer of all eligible employees of FIPL’s vehicle manufacturing operations at Sanand.
The company will stop producing Jazz after October 2022 while the crossover WR-V will not be produced beyond March 2023. The carmaker will also stop the production and sale of the 4th Generation Honda City by December 2022 in the country. However, the 5th generation of the sedan will continue to be available in the market, a source in the know of things told ETAuto.


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The agreement — which follows a recent building collapse that left more than 1,000 dead — was signed onto by both H&M and Inditex, USA TODAY reports. It covers both building and fire safety standards for manufacturing shops in Bangladesh.
Local and international labor groups have pushed for its wider adoption in the wake of the tragedy. It is seen as one step in bringing safety standards to the impoverished South Asian nation, which is the second largest maker of garments in the world but is very lightly regulated.
In a statement, Sweden-based H&M said it was committed to a clothing industry “in which no worker needs to fear fires, building collapses or other accidents that could be prevented with reasonable health and safety measures.”
The agreement — the Accord on Fire and Building Safety in Bangladesh — is already subscribed to by many clothing labels that manufacture in the nation.


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All the up-to-the-minute news about all the up-to-the-minute smartphones and industry developments.
Apple watcher reckons upgraders will drive high sales of forthcoming iPhone.
Slams the Google Pixel 3 on Twitter.
Which is way more than users of other Android phones.
Latest Google software heading to Samsung’s early 2018 flagship.
Analyst says company has no plans to shake up range next year.
New software means camera will work better in low light.
Next year’s phablet will pack larger display.
And it could be announced as soon as next month.
John Lewis and Carphone Warehouse, plus networks.
According to leaked stats.


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KUALA LUMPUR, 22 SEPTEMBER 2022 – It’s been an award-filled month for Malaysia’s favourite home improvement retailer. MR D.I.Y. Group [M] Berhad (MR D.I.Y.) scored a hat-trick of awards when it was named “Most Outstanding Company in Malaysia – Consumer Discretionary Sector” in the ASIAMONEY “Asia’s Outstanding Companies Poll 2022” at an award ceremony held in Singapore recently.
The award comes close on the heels of two other accolades recently accorded to the company – the Frost & Sullivan 2022 Company of the Year as well as Deloitte Private’s Malaysia’s Best Managed Companies award, both for the second year running.
The ASIAMONEY “Asia’s Outstanding Companies Poll” is designed to acknowledge outstanding listed companies that have excelled in areas such as financial performance, management team excellence, investor relations, and CSR initiatives. In the 2022 edition, votes were gathered from 958 fund managers, analysts, bankers, and rating agencies, who voted across various categories to decide which public-listed companies should be recognised across 12 markets in Asia.
Commenting on the recognition, MR D.I.Y. Group Chief Executive Officer, Adrian Ong said, “We are very honored to receive this recognition from ASIAMONEY, a leading and respected business publication. At MR D.I.Y, we strongly believe for our business to be sustainable, we must cultivate a performance-driven culture underpinned by strong governance frameworks, while ensuring a positive impact on the communities in which we operate. This award recognises our commitments in these areas, and therefore is one that we highly value.”
“This recognition would not have been possible without the commitment and dedication of all our team, especially the business unit heads that drive day-to-day management and operations. I dedicate this award to them, with my utmost thanks,” he added.
Ong said that while the retail and business operating environment continued to be challenging, the Group remained focused on its promise of bringing everyday essentials to the rakyat at convenient locations, at Always Low Prices.
“We are on track to open 180 new stores this year, as part of our mission to bring modern retail concepts to as many Malaysians as possible at ‘Always Low Prices’. This will make it possible for them to stretch their Ringgit without having to compromise on their family’s everyday needs. This accolade is testament that our efforts have not gone unnoticed,” said Ong.


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That can of tuna on the supermarket shelf might say "dolphin safe", but in reality it may not be.
The Clinton administration, acting at the direction of Congress, gave the go-ahead Thursday for processors and canneries to use the "dolphin-safe" label on tuna caught in large, encircling nets. The controversy centers of the problem that such nets also snare dolphins, which naturally swim amidst schools of tuna.
The Commerce department said there was insufficient evidence to say that this method of catching tuna has had a "significant adverse impact" on the dolphin population.
The use of encircling nets to catch tuna had been thought to kill more than 100,000 dolphins a year and 1990 a ban on the importation of ban of tuna caught by such methods was enacted. That, in turn resulted in all tuna sold in the United States being marked "dolphin safe", a label that has been around for nearly a decade.
The dolphin death toll has declined dramatically to fewer than 3,000 a year, and Congress in 1997 said the entire issue should be re-examined. It lifted the import embargo and directed a review on whether there should be a change in how the label is used.
Terry Garcia, assistant secretary of commerce for oceans and atmosphere, said observers on tuna boats still must verify that dolphins were not killed or seriously injured if the tuna is to carry the "dolphin safe" label.
But encirclement, in itself, no longer will bar use of the label, officials said. "This method of encirclement on the whole is better for the marine environment because it reduces bycatch of other species," Garcia said in an interview.
It was unclear how much impact the change would have on grocery shelves.
Wary of a possible consumer backlash and already facing a glut in the tuna market, the three major tuna processors -- Star-Kist, Chicken of the Sea and Bumble Bee -- have said they would continue using only tuna caught by methods other than encirclement. The three processors share about 90 percent of the U.S. tuna market.
But some conservationists say the change may allow some store-brand tuna to carry a "dolphin-safe" label no matter how the fish is caught, and confuse consumers. "This will cheapen the label. It will confuse consumers," said John Fitzgerald, who as an environmental lobbyist helped write the legislation in 1990 that led to the "dolphin safe" labeling.
"It's consumer fraud and a death warrant for thousands of dolphins," insisted David Phillips, director of Earth Island Institute's marine mammal project near San Francisco.
The National Marine Fisheries Service, under the 1997 congressional measure, is required to pursue further studies and issue another review in 2002. The report will revisit the idea on whether the use of large encircling nets to catch tuna causes "significant adverse impact" the
If they find the impact is significant, the definition of "dolphin safe" may once again change, officials aid.
Meanwhile the conservation community is anything but united on the issue.
Some environmentalists as well as lawmakers cite statistics that show the number of dolphins has not increased, although moralities have declined sharply over the past decade.
Rep. George Miller, D-Calif., wrote Commerce Secretary William Daley earlier this week, urging that the "dolphin label" remain as is "until we ensure that dolphin stocks are actually recovering."
But the lifting of the import embargo and change in labeling criteria has had support from such groups as Greenpeace, the Center for Marine Conservation and the Environmental Defense Fund. They all argue that the usefulness of the U.S. import ban has passed and that further restrictions including the current definition of the label only blocks international action to protect the dolphin and other marine life.
They say that the "dolphin-safe" label as it now is defined stands in the way of international action because other countries, including Mexico, will not participate in dolphin protection unless the U.S. market is reopened without restrictions.


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Thursday, April 12, 2007
Capstone Adds Distributor
Chatsworth-based Capstone Turbine, a manufacturer of microturbine energy systems, said Thursday that it has signed on a new distributor. The firm said it signed on E-Finity Corporation for the Pennsylvania and Mid-Atlantic regions. E-finity will distribute Capstone's products to Delaware, Maryland, Pennsylvania, Virginia, West Virginia, Washington, D.C., and Southern New Jersey.
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The documents that are coming out via the case between Epic Games and Apple continue to reveal some frightening things.
A few years ago, Sony had Gio Corsi as the head of developer relations. He was the person who Epic Games contacted about the cross-play idea (and we had to wait until 2018 to see Sony approve of the notion), and Gio quickly shuffled Tim Sweeney’s team away, as nobody had a proper explanation on how cross-play would benefit the PlayStation business. This discussion was found by The Verge’s Tom Warren.
The first email shows that in 2018, Sony wrote to Epic Games that they don’t support the cross-play concept for Fortnite, even though Epic brought up that they’d go out of their way to depict Sony as heroes in the plot (in other words, giving the „blue team” positive PR). But at the same time, Sony brought up a revenue-sharing scheme. In short, if at least 85% of a cross-play title’s revenue was generated on PlayStation, then the dev/publisher wouldn’t have to pay anything. However, under this percentage, the wallets would have to be opened. Let’s say that it’s quite a bold move. Warren’s linked email mentions that Sony would have used this income to „offset the reduction in revenue” from enabling cross-play.
According to the proposal, Sony would have received information each month, allowing it to see how much revenue was generated on the PlayStation Network. Aside from the PSN Revenue Share, the percentage of gamers on PlayStation 4 would also be confirmed. The proposal would have split the data into regions (the Americas, Europe, Japan, Asia), and Sony would have wanted to receive the revenue within thirty days each month, but if a game doesn’t generate more than 500K USD in twelve months, it wouldn’t be charged at all. But this amount would have easily been hit by bigger dev teams and publishers alike… however, it might have been an active thing behind the scenes all along, as Sweeney openly claims that they have paid a lot of cash for Sony to have cross-play!
Meanwhile, Sony is looking into expansion elsewhere. Jim Ryan, the president and CEO of Sony Interactive Entertainment, announced that they entered a partnership with Discord, allowing this chat program to be integrated into the PlayStation Network by 2022. We can’t wait for Sony to begin censoring NSFW content…
Source: WCCFTech, PSL, Gematsu, Gameblog
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HOLLYWOOD — For a shopping mall to be successful from the get-go, developers must attract the kind of anchor property that makes serious shoppers salivate but doesn't discourage them from sampling other retailers under the same communal roof.
For its Hollywood & Highland project, an "urban mixed-use destination," TrizecHahn Development Corp. could hardly have found a better draw than the annual Academy Awards ceremony.
And it could hardly have found a better magnet for its Desert Passage "shopping adventure" on the Las Vegas Strip than the newly re-opened Aladdin Resort & Casino. Nor could the San Diego-based developer have created a more rosy setting for its Paseo Colorado, a self-contained "urban village," than bustling Old Town Pasadena.
"For many years, we were the dominant builder of shopping centers, but we got out of that business three years ago," says company President Lee H. Wagman, sitting in an office that overlooks the site of the 640,000-square-foot Hollywood & Highland project and the adjoining 22-story Renaissance Hollywood Hotel.
"At the time, we saw a lot of change in the dynamics of the business. We were concerned about a spike in the price of real estate, and we were seeing more and more people choosing to return to cities as part of an authentic lifestyle change."
This trend has been a crucial part of the revival of downtown Chicago and other urban centers once given up for dead.
Pasadena underwent a successful reformation of its own nearly a decade ago, as did the Las Vegas Strip. Downtown Hollywood, which hasn't been the same since Philip Marlowe gave up his private investigator's license, is just now beginning to think that such a renaissance is possible.
The timing couldn't have been better for TrizecHahn, whose parent company, TrizecHahn Corp., owns or manages 77 million square feet of prime real state, including the Sears Tower, 120 S. Riverside Plaza, 2 N. LaSalle St. and 10 S. Riverside Plaza.
"We decided to focus on a new generation of projects, where retail was a component . . . but where they were more a part of an urban context, playing more toward tourism and entertainment," Wagman said.
"Our retailers can see areas of growth, and there isn't much of that in suburban properties."
Still, analysts caution that TrizecHahn has a lot on its plate with these three projects, and the parent company already has adopted a wait-and-see attitude concerning any new urban mixed-use centers.
"They've made a very sizable investment in these properties, all of which carry a higher risk/reward factor than other properties," observes Jim Sullivan, of Green Street Advisers, of Newport Beach, Calif.
Wagman, however, says the company is comfortable with its ability to produce high-impact, unique projects that can produce high value.
The development of Hollywood & Highland, scheduled to open in about a year, coincided with the motion picture academy's desire to find a larger, permanent home for its annual awards ceremony, watched by hundreds of millions of viewers worldwide.
"Starting in 2002, the academy is going to be a tenant--a user of our 180,000-square-foot Kodak Theater--one month of the year," said Wagman, pointing to an empty space in the center of the giant iron skeleton across the street.
"The academy is an interesting operation. Tightly run, it has a clear mandate, it doesn't want to be commercial . . . but it wanted a home. We . . . approached them and suggested this relationship."
Moreover, over the next 20 years, Kodak will pay at least $75 million for the privilege of lending its name to the theater, the centerpiece of a mall that also will offer a six-screen multiplex, a Grand Ballroom operated by Wolfgang Puck and a state-of-the-art broadcast center.
About 15 miles away, in Pasadena, the company's Paseo Colorado "destination living" complex is being built on the Rose Parade route. Its 400 loft apartments will sit atop two layers of open-air street retailing, movie theaters, cafes and restaurants, a health club and gourmet market.
At the Desert Passage in Las Vegas, which opened for business in August, more than 500,000 square feet of space is shared by retailers, nightclubs and restaurants, entertainment venues and street performers.
Like the Aladdin resort, whose 100,000-square-foot casino it practically surrounds, Desert Passage was designed to make customers feel as if they're wandering through a port city in Morocco. There's even a regularly scheduled indoor rain shower.


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Mumbai, 13 April 2023 – Building on its success as one of the leading digital imaging solutions company, Canon India today embarked upon the next phase of growth with the launch of a state-of-the-art Live Office in Mumbai to elevate the customer experiential journey. The latest development comes as part of its 2023 growth strategy ‘Transformation’ across domains. On its way of solidifying its industry leadership as a futuristic and innovative technology brand even further, the unique office infrastructure brings to force an integration of technology and experiences, while getting Canon’s entire ecosystem on one single platform for all its key stakeholders be it Employees, Partners or Customers. With India as one of the most important markets in Asia for Canon, the company regards this as a concrete step in defining its success in the near future as it moves ahead to replicate the concept for its headquarters and regional branch offices spread across India.
As part of its corporate infrastructure pillar, Canon’s Live Office efforts are directed towards elevating the experiential aspect which is a step up from its other successful experiential formats like Image Square, PIXMA Zone, BIS Lounge, and NVS experience centers. Dedicated to creating world-class experiences, Canon will utilize this platform to demonstrate its global legacy, technological innovation and its complete 360-degree imaging portfolio. It will exhibit Canon’s expansive operating ecosystem comprising of cameras, printers, surveillance cameras, copiers, multi-functional devices, and much more, under one cohesive platform.
Canon India has been witnessing a successful growth trajectory with year-on-year growth while showing utmost agility post-pandemic by foraying into new avenues and building new customer segments. Besides ‘Corporate Infrastructure’, under ‘transformation’ as a key strategy for this year, Canon India will also revolutionize its product portfolio alongside organization workflows to supplement rapid growth plans.
Speaking about the announcement, Mr Manabu Yamazaki, President & CEO, Canon India said, “As we look towards the future and embark on this next phase of growth with transformation at its core, we are looking at expansion across our product portfolio, revolutionizing experiences, and much more, to strengthen our legacy as a total hardware and software solutions provider. Through 25 glorious years in India, we have gained insight about unique customer patterns while also studying the changing dynamics of the industry moving towards a digital age. Understanding the importance of the India market, we have remained agile and innovative while leveraging the power of technology to drive growth and create new opportunities. As a testament to our commitment and to achieve a new pinnacle of transformation, we are excited to pioneer the launch of one of its kind Live Office concept in India.”
He further added, “With it, we are bringing everyone onto a single platform that weaves together the ideal synergy of technology to create experiences like never before. Live Office will showcase our entire portfolio of products and services as well as empower both customers and partners. We look forward to setting foot in this new direction and channelise how best we can continue delivering and delighting.”
For employees, the new space will provide a platform for maximizing creativity and collaboration by gaining first-hand feedback and insights into customers’ needs. On the other hand, customers and partners will gain a comprehensive understanding of Canon’s offerings while also connecting with the brand’s legacy of innovation, empowering them to make informed purchase decisions.
Over the years, customer experiences have emerged at the heart of the relationship between a business and its customers. With a sharp focus on every aspect of business and having entered many new business avenues, Canon India continues its promise of delivering exceptional products and solutions that meet the evolving needs of their customers, along with creating meaningful experiences.
Enclosed are the captions for the attached pictures-
ICB Zone: Canon India’s experiential imaging zone for customers and business partners at the newly launched Live Office, demonstrating the latest imaging marvels from Canon.
Printing Zone: Canon India’s experiential zone for customers and business partners at the newly launched Live Office, showcasing marquee products from Canon’s B2B and B2C printing portfolio.
Surveillance Zone: The experiential surveillance zone at Canon India’s new live office will educate customers and business partners on Canon’s latest surveillance cameras and video analytics capabilities.


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Fila has appointed Mikal Peveto as senior vice-president for global footwear, responsible for the marketing, design and development of the brand’s footwear lines.
Peveto’s appointment forms part of a concerted effort by Sports Brand International, which acquired Fila earlier this year, to revitalise the Fila brand. Fila has failed to recapture the success it enjoyed during the Seventies and Eighties.
Sports Brand International is expected to support Fila with its first above-the-line advertising campaign for a number of years. Fila had not planned to advertise again until 2004.
Peveto joins Fila from Customatix.com, an internet company he co-founded, which specialises in producing customised athletic footwear. He has also worked for a number of athletics brands as a consultant. Peveto will be based at Fila’s headquarters in Sparks, Maryland.
Fila is still seeking a senior marketer for the UK, following the departure of Dominic Munnelly in March (MW March 20). Marketing duties are currently being handled by managing director Peter Lawson. The UK head office has undergone a restructure following a number of redundancies and a move from Newcastle to Manchester.


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Canada's largest T&T Supermarket to open at Lansdowne Centre in Richmond
There will be another T&T Supermarket in central Richmond by the end of summer 2018 – and it will be a massive location.
The Richmond-based Asian grocery chain is currently in the process of making renovations to the former Target space within Lansdowne Centre shopping mall, and with 74,000 sq. ft. of space – about twice the size of an average store. It will be the company’s largest location yet.
“Richmond is a bustling centre for the Chinese community in the Lower Mainland, so opening a store in the Lansdowne Centre just made sense for us,” Tina Lee, CEO of T&T Supermarkets, told Daily Hive.
However, the store will be a temporary location that will be open for approximately 10 years, until the phased redevelopment of Lansdowne Centre necessitates the demolition of the space T&T Supermarket is located within.
According to the redevelopment plans by mall owner Vanprop Investments Ltd., the future mixed-use neighbourhood that will replace the existing mall building will consist of residential uses, office space, and retail space for large anchor tenants, including a space for a large grocery store.
A spokesperson for Loblaws Companies Ltd., the parent company of T&T Supermarket, said T&T Supermarket plans on occupying the redevelopment’s new purpose-built retail space when it is ready.
The move into the former Target space on a temporary basis makes sense as it enables T&T Supermarket to quickly retain and capture more of the local grocery store market, which is rapidly growing from downtown Richmond’s rising population.
Additionally, it is a relatively low-cost expansion requiring only modest investment when compared to the cost of a new purpose-built space. This is because the now-defunct Target Canada made significant renovations to the space only about five years ago.
Like other locations across Canada, the Target at Lansdowne Centre shut down in spring 2015.
When the Lansdowne Centre location opens this summer, there will be a total of three T&T Supermarket locations within a two sq. km. radius. This includes the company’s long-held T&T Supermarket Osaka store at Yaohan Centre and the T&T Supermarket store directly across from Richmond Olympic Oval, which opened in 2014.
Up until 2015, the company had a 22,000 sq. ft. store within President Plaza – located next to Yaohan Centre and Aberdeen Centre – but the space remains unoccupied.
The Lansdowne Centre location will be considerably larger than other T&T Supermarket stores.
For comparison, the Richmond Oval Village store is 38,000 sq. ft., the Marine Gateway store is 40,000 sq. ft., and the Metropolis at Metrotown store – the region’s largest – is about 60,000 sq. ft.
The company also plans to open a new 33,000 sq. ft. store at Westbank’s Kensington Gardens mixed-use redevelopment at 2220 Kingsway in East Vancouver by late-2018.
There are currently 23 T&T Supermarket stores across Canada in BC, Alberta, and Ontario.
- Lansdowne Centre closing in 2025 for redevelopment into 24 towers (RENDERINGS)
- Major redevelopment with 7 buildings coming next to Lansdowne Station
- TransLink to start designing Canada Line's new $28-million Capstan Way Station
- International student education campus with hotels proposed for Richmond
- Whole Foods Market in North Vancouver set to open next month
- Construction begins on McArthurGlen Vancouver Airport Outlet Mall expansion


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Is the world economy continuing to collapse, or is it on the mend?
A roster of executives and designers will read the tea leaves on consumer spending, cutting costs, credit markets, margins, markdowns and otherwise explain how they’re holding their companies together and keeping the mission focused at next month’s WWD Apparel/Retail CEO Summit.
This story first appeared in the October 8, 2009 issue of WWD. Subscribe Today.
More than 200 brand and retail leaders have registered for the summit, which will be held Nov. 9 and 10 at the St. Regis in New York. It’s an annual event geared for learning, networking and being inspired by new ideas. This year, the conference responds to the global turmoil and heightened sense of urgency with greater content and more speakers than in the past — 25 in all, including some from industries outside fashion and retail. There will be a “retail town hall meeting” and three roundtable discussions, both formats geared to facilitate interaction between speakers and the audience.
The town hall, addressing opportunities and challenges for the retail-fashion industry, will have a panel with Bonnie Brooks, president and chief executive officer of The Bay; Ronald L. Frasch, president and chief merchandising officer of Saks Fifth Avenue; Karen Katz, president and ceo of Neiman Marcus Stores; Betsy McLaughlin, ceo of Hot Topic Inc., and Mindy Meads, president and chief merchandising officer of Aéropostale Inc.
Martha Stewart, founder of Martha Stewart Living Omnimedia Inc., will deliver a keynote address on opening night, Nov. 9, while Marc Jacobs, designer for Marc Jacobs International and the artistic director for Louis Vuitton, will be the keynoter on the second evening.
Others who will speak or be involved in conversations are:
• Sir Martin Sorrell, ceo of WPP Group plc, discussing new markets and new media.
• Bruce Rockowitz, president of Li & Fung (Trading) Ltd., offering his view of global markets.
• Donna Karan, chief designer of Donna Karan International Inc., who will speak about the fashion system and the timing of collections and shipments to retailers.
• Macy’s Jeffrey Gennette, chief merchandising officer, and Julie Greiner, chief merchandise planning officer, teaming up to outline the lessons learned from the My Macy’s organization geared to tailor assortments locally across the nation.
• Kevin A. Plank, chairman and ceo of Under Armour Inc., talking about business growth in tough times.
• Stella McCartney, creative director of Stella McCartney Ltd.
There also will be a roundtable discussion on vision and leadership, with Wesley R. Card, president and ceo of Jones Apparel Group Inc.; Manny Chirico, chairman and ceo of Phillips-Van Heusen Corp., and Eric C. Wiseman, chairman, president and ceo of VF Corp. Another discussion, on innovative ideas to get consumers inspired to shop, will be moderated by Madonna Badger, founder of Badger & Partners, with Susan Lyne, ceo of Gilt Groupe; Christine M. Day, ceo of Lululemon Athletica Inc., and John Fleming, executive vice president and chief merchandising officer of Wal-Mart Stores in the U.S.
Contact Jennifer Macaluso at 212-630-4947 or Jennifer.Macaluso@fairchildpub.com for information to register.


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Fed’s Preferred Inflation Gauge Surges to Highest Level Since 1983
A critical measure of U.S. inflation in February surged to the highest level since Ronald Reagan was president as global supply chains snarled by the pandemic fueled price increases.
The so-called core Personal Consumption Expenditures Price Index, a measure of spending that excludes volatile energy and food prices, rose 5.4% compared to a year earlier, the biggest jump since April 1983. The overall PCE index rose 6.4% from a year earlier, the fastest pace since January 1982, according to a report on Thursday from the Bureau of Economic Analysis.
Inflation is surging two years after the Covid-19 pandemic first stymied international trade, driving up prices as demand outpaced supply for many goods. The strain on household budgets could threaten consumer spending, which accounts for about three-fourths of U.S. GDP, according to Wells Fargo economists Tim Quinlan and Shannon Seery.
“February marked the seventh straight month in which inflation outpaced income, raising doubts about consumer spending stamina,” the economists said in a statement. “We expect consumer spending to slow sharply in the face of higher inflation and in the absence of income boosters like stimulus payments this year.”
The four-decade high in the inflation numbers will be a green light for the Federal Reserve to be aggressive in hiking rates to cool off the economy, said Chris Low, chief economist of FHN Financial. The Fed began raising its benchmark rate earlier this month, with a quarter of a percentage point hike, and signaled more increases are on the way as it tries to temper inflation.
“Prices are increasing too quickly and this report will not sway the Fed from its tightening path or its inflation outlook,” said Low.
The inflation report didn’t include data reflecting Russia’s invasion of Ukraine on Feb. 24. The war disrupted supplies of oil, and caused prices for some commodities such as wheat to climb.
“It’s hard to remember after a month of war, but signs of the economy coming back into balance were abundant before the invasion,” Low wrote in a report with Will Compernolle, a senior economist at FHN Financial. “Russia’s invasion of Ukraine will push back that improvement by disrupting global food and energy supply.”
As well, economists are keeping a worrying eye on China, where millions of people are in lockdowns after the nation posted its biggest surge of Covid-19 infections in two years. The fear is that additional disruptions to global supply chains could worsen the shortages that first sparked the inflation cycle.
On Monday, Chinese officials locked down about 11 million people in the eastern half of Shanghai, one of the world's largest cities, and additional restrictions in the western half of the city are expected in the coming days.
Kathleen Howley has more than 20 years of experience reporting on the housing and mortgage markets for Bloomberg, Forbes and HousingWire. She earned the Gerald Loeb Award for Distinguished Business and Financial Journalism in 2008 for coverage of the financial crisis, plus awards from the New York Press Club and National Association of Real Estate Editors. She holds a degree in journalism from the University of Massachusetts, Amherst.


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Potash Corp. Profit Beats Estimates; Forecast Raised
Potash Corp. of Saskatchewan Inc., the target of a $40 billion hostile takeover offer from BHP Billiton Ltd., reported third-quarter profit that beat analysts’ estimates and raised its full-year earnings forecast.
Net income climbed to $402.7 million, or $1.32 a share, from $247.9 million, or 82 cents, a year earlier, Saskatoon, Saskatchewan-based Potash Corp. said today in a statement. Per- share profit topped the $1.16 average estimate of 25 analysts surveyed by Bloomberg. The company increased its forecast for full-year earnings to $5.75 to $6 a share from a previous prediction of $5 to $5.50.
Chief Executive Officer Bill Doyle is raising potash prices in the U.S. as demand rebounds from a slump last year. If Canada approves BHP’s hostile bid for Potash Corp., the Melbourne-based company will be under pressure to increase its $130-a-share offer price, said Mark Connelly, a New York-based analyst at Credit Agricole SA.
“What really matters is that fertilizer prices are rising,” Connelly said in a telephone interview before the results were released. “That means whatever investors thought Potash was worth in August when BHP first made its offer, they’re thinking it’s worth even more now.”
Potash Corp. has rejected BHP’s $40 billion offer as too low and said it was seeking alternative bids. The Canadian government is to decide by Nov. 3 whether to approve or reject the proposed deal based on a calculation of the transaction’s “net benefit” to the country.
Potash Corp., the world’s largest fertilizer producer by market value, sold 1.9 million metric tons of potash in the quarter, up from 1.01 million tons a year earlier. That beat the 1.5 million-ton average of three estimates from Horst Hueniken, a Toronto-based analyst at Stifel Nicolaus & Co., and two other analysts.
“The process of replenishing nutrients accelerated quickly and tangibly in the third quarter,” Doyle said in the statement.
Potash Corp. raised its 2011 global forecast for industrywide potash demand next year to 55 million tons to 60 million tons from a previous prediction of 55 million.
Potash Corp. was unchanged at $147.32 at 7:14 a.m. before regular trading on the New York Stock Exchange. The shares gained 36 percent this year before today.
2011 Profit Forecast
The company, which also produces phosphate and nitrogen- based crop nutrients, said it expects full-year 2011 profit of $8 to $8.75 a share. Twenty-six analysts surveyed by Bloomberg estimated on average earnings of $7.83 next year.
Total sales in the third quarter rose 43 percent to $1.58 billion from $1.1 billion, more than the $1.34 billion estimated by 16 analysts surveyed.
The company’s average selling price for potash fell to $305.60 a ton in the three month period, from $308.64 in the previous quarter and $389.24 a year earlier.
(Potash scheduled a conference call for 1 p.m. New York time today at +1-877-881-1303.)
To contact the editor responsible for this story: Simon Casey at firstname.lastname@example.org.


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During Computex today, Dutch semiconductor giant NXP announced its i.MX 91, the latest processor from its i.MX 9 series of applications processors for industrial, medical, consumer and IoT use cases.
When residents invite smart technology into their homes, they are gambling with their privacy.
People like to point to 1989’s Back to the Future II as presciently showing technologies that exist today. Video conferencing, for example, was futuristic 28 years ago, but people FaceTime all the
iRobot CEO Colin Angle has been repeating for some time now that the next step in the evolution of the company’s hit Roomba vacuum is becoming a connective tissue for the smart home. This morning’
As the Internet of Things becomes more widespread, consumers must demand better security and privacy protections that don’t leave them vulnerable to corporate surveillance and data breaches. But bef
High-tech homes are about to revolutionize the way we live. While interior design once relied on color schemes and playful accents, new tech trends are completely revamping how we design, build and li
Researchers and companies have been exploring new ways to improve buildings through analytics software, prefabrication, connected devices, new materials and construction automation. It’s striking th
It's heeeere! The Internet of Things, I mean. I just spent several days at the Connected Conference in Paris, which focused on IoT hardware. They built a whole home full of connected devices, showcase
Attendees of the Consumer Electronics Show in Las Vegas this year were confronted with a head-spinning volume of smart-home devices. From $5,000 refrigerators that can communicate when you’re runnin
Wearables might be set to get a whole lot more useful in future if research being conducted by Carnegie Mellon University’s Future Interfaces Group is indicative of the direction of travel.
“Cujo protects everything on your network,” the company’s CEO, Einaras Gravrock says, describing his product in the simplest terms ahead of its Disrupt NY launch this week. “Think of it as an
The Jetsons presented a highly entertaining vision of what homes of the future would look like. The animated television show anticipated a world where humans would be able to do everything with jus
With the smart home market growing, the focus is shifting to the seamless connectivity of different products under one platform, rather than the quality of hardware construction. At the same time, aut
Creating a workable Minority Report-like screen isn't very hard but what about an entire room or building that responds to touch, voice, and movement? Now that's hard. That, however, is the goal of <a
That was fast: Mobiplug Networks, a startup focusing on smartphone-controlled smart home technology, which was <a href="https://techcrunch.com/2012/08/09/startup-accelerator-techstars-showcases-eleven
Next-generation homes are definitely one of the big trends at the CEATEC 2011 exhibition that currently takes place in Chiba, Japan. We have covered multip

It's not the first "next-generation home" we have covered <a href="http://www.crunchgear.com/2009/11/19/so


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Iconic restaurant brand, Tim Hortons has today announced plans to bring its signature coffee, delicious donuts and famed Canadian charm to the Black Country for the first time, opening a drive-thru restaurant in the Wolverhampton suburb of Wednesfield, this summer.
Choosing Bentley Bridge Retail Park as the location for its newest restaurant, the brand will offer dine-in seating for up to 128 guests and its renowned drive-thru service for those on-the-go. Delivery options will also be made available to those in the local area following the launch.
The new restaurant will create over 40 jobs for the local community and will offer a combination of full-time and part-time roles, with impressive progression and training opportunities. The announcement also forms part of the brand’s plan to create over 2,000 jobs across the country, bringing Tim Hortons restaurants to every major town and city by 2022.
Set to open its doors this summer, customers can expect Canada’s favourite coffee, freshly baked donuts and Timbits around the clock, as well as delicious breakfast, lunch and evening meal options, including hot sandwiches and wraps.
Known for its impressive opening giveaways, locals and avid fans are encouraged to keep their eyes peeled and follow Tim Hortons on Facebook, Twitter and Instagram for more news.
Kevin Hydes, Chief Commercial Officer of Tim Hortons franchise in the UK, commented,
“Having successfully opened our first restaurant in the West Midlands back in 2018, it brings me great pleasure to announce another opening within the region.
'We have always seen huge enthusiasm and support from our guests in Birmingham and know the wider community are keen for more. Wednesfield has excellent transport links to Wolverhampton, Walsall and Dudley, so we’re excited for locals to have the opportunity to fall in love with our brand.”
He continued, “Our staff make the Tim Hortons experience so special, and we pride ourselves on the unique progression and training opportunities available. We look forward to recruiting for a variety of exciting part-time and full-time roles and will be accepting applications from today via our website.'


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JAKARTA (June 15): Indonesia’s export growth shot up on a yearly basis to an 11-year high in May, supported by high commodity prices and a low base effect, while imports also jumped as domestic demand rose, official data showed on Tuesday.
Southeast Asia’s largest economy has seen its exports recover vigorously from the impact of the coronavirus pandemic on soaring prices of its main commodities amid improving demand from major trade partners like China and the United States.
In May, prices of commodities such as coal, palm oil and copper roughly doubled from a year earlier, helping the resource-rich country book a US$2.37 billion trade surplus, the statistics bureau said, which was the highest in six months.
The poll had expected a US$2.30 billion surplus in May after April’s US$2.19 billion surplus.
May’s exports rose 58.76% to US$16.60 billion, the biggest increase since January, 2010. This compared with a 57.49% rise expected in a Reuters poll and April’s 51.94% growth.
Imports were US$14.23 billion, up 68.68% from last year, higher than the poll’s 65% growth forecast and April’s 29.93% rise. May’s growth was the strongest since April 2010.
However, the robust growth figures also showed the extent the pandemic had hurt Indonesia’s trade performance last year.
In the first five months of the year, Indonesia had a US$10.17 billion surplus, also the highest in the past few years.
Dian Ayu Yustina, an economist at Bank Mandiri, expects the monthly surplus to narrow gradually as demand for imports climbs alongside the economic recovery, while exports are likely to remain strong in the next year.
“There is a base year effect and the economic recovery in advanced economies may not be balanced by a recovery in the supply side. Once supply catches up, commodity prices will plateau,” she said.


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Posted on | November 1, 2007
Written by | Gregg Glaser
With consumers increasingly trading up to better quality imported beers, the category is just beginning to soar.
“We see a continued trend of more consumers for imported beer,” said Jeff Grindrod of Brand Action Team, a firm that conducts proprietary research in the beer category. “We found that 19-percent of beer drinkers are drinking more regular imports and eight percent are drinking more light imports. Overall, 30-percent more people have consumed imports so far this year than last year, and they’re willing to spend more,” he noted.
Grindrod and his team are so bullish on the imported beer category in the U.S. that they held a one-day conference on the subject in London in mid-October. The U.S. Drinks Conference was billed as an opportunity for “strategies for successful entry and growth in the U.S. drinks market.”
The light import category mentioned by Grindrod is becoming increasingly important, led by Heineken Premium Light, which sold 7.5 million cases in 2006.
“The real story of the import category is that the high-end is growing and will continue to grow,” said Bill Hackett, president of Crown Imports (Corona, Modelo, Pacifico, St. Pauli and Tsingtao). “There’s plenty of room to grow and the import light category is underdeveloped. I have to tip my hat to Heineken with their success with Heineken Premium Light.”
Mike Browne, marketing director of International Brands at Miller Brewing, said that he sees consumer trends showing premiumization and a trade-up by consumers in all drinks.
“The urban sophisticates, with higher incomes and educational levels, are all raising their choices in beverages,” Browne said. “Our tracking shows the consumer buying more, drinking less and spending more.”
A new fact about imported beer is that some brands, such as Corona and Heineken, the leading imports, are now considered mainstream beers by many consumers.
“The household penetration trends are valid and clear,” Browne said. “Imports have the same penetration rate as domestic brands, but not at the same quantity. The imports are well accepted by mainstream consumers of beer. There’s plenty upside for us to capture the share of growth to come — not to steal share.”
Jim Sloan, vice president, Star Brand Imports (many brands, led by Paulaner and Hacker-Pschorr), said that imports have developed fast and broad and will probably segment again. “Heineken and Corona have about 30-percent of the import segment,” Sloan said, “leaving 65-percent to about ten brands. The rest is fragmented. With Heineken and Corona being perceived by consumers as almost like mainstream brands, it’s up to the rest of us to make a beer drinking occasion a special occasion to order our beer.”
“This has been a good year for imports,” said Dan Tearno, senior vice president for corporate relations at Heineken USA. “It’s been a decade of cycle between craft beers and imports. Both these segments of above-premium beer have done well.”
The rise of craft beers has helped all imports, not just the large players. “We’ve always tracked with the big guys,” said Joe Lipa, national sales manager of Merchant du Vin, importers of high-end European beers since 1978. “There’s now a new dynamic with the crafts solidifying their position, and this makes our position deeper. Even the rise in spirits has helped us as consumers traded up to better drinks.”
One major drawback for beer importers was stated by John Lennon, president of International Beverage Holdings Ltd., which imports Chang Beer from Thailand, new in the U.S. this year. “It’s challenging for newer imports to find market access given the level of brewer and distributor consolidation. We see an opportunity in the U.S. for us with the 5,000 Thai and Southeast Asian restaurants.”
The Major Importers
Heineken Lager, Heineken Dark Lager, Heineken Premium Light, Amstel Light and Buckler non-alcoholic brew are the Dutch brands. The company is also the exclusive importer, marketer and seller of the Mexican brands Dos Equis Lager and Amber, Tecate and Tecate Light, Sol, Carta Blanca and Bohemia.
Heineken sold 65 million cases last year. Heineken Premium Light continues to lead imported light beers. A new 12-ounce slim can was introduced for HPL this year, as well as a new package. Dos Equis, the only Mexican beer sold nationally as a draft beer, is being promoted with the “Most Interesting Man in the World” campaign.
The Heineken Draughtkeg debuted last June and the Heineken Premium Light Draughtkeg came out in August. These home keg systems keep beer fresh for 30 days, dispensing beer from the top of the keg utilizing an internal CO2 system.
A-B became a major player in the last several years with both acquisitions and alliances in the import beer category. A huge deal occurred this year when A-B was named the exclusive importer of the InBev brands, which include the Beck’s beers, Bass Pale Ale, Stella Artois, Hoegaarden, Boddingtons, the Leffe beers, Lowenbrau, Staropramen and Tennent’s Lager. Last year, A-B took on Grolsch, Tiger, Czechvar and Harbin (owned by A-B).
“We’re focusing on successfully integrating the InBev brands into the A-B portfolio,” said Marlene Coulis, vice-president of brand management. “We have a wide spectrum of beer flavors for different palates and we’re bringing awareness of these brands to our consumers.”
Some new marketing plans from A-B include the Grolsch swing-top campaign, a Christmas sampler with the InBev Belgian brands and a brand-new international website for Stella Artois.
A sister company to Heineken USA, Star Brands carries imports that are owned by Heineken worldwide, including Paulaner, Hacker-Pschorr, Moretti, Zywiec, Murphy’s, Affligem, Edelweiss, Starobrno, Fischer and Kalik.
Sloan of Star Brands said his company is looking to see “how broad and deep we need to be and how big with different styles and countries. Everybody wants into the U.S. market.”
Star Brands is now undertaking a soft roll-out of Kalik from the Bahamas, concentrating on beach markets up the East Coast. Affligem from Belgium has been on draft in the U.S. since 2006, and Affligem Noel will be on draft on the East Coast for the first time this season. Sloan said Star Brands will introduce more seasonal beers from its many breweries. Paulaner & Hacker-Pschorr may arrive in swing-top bottles, and Fischer Blonde has just rolled out.
The “World Beers” line from Miller includes Pilsner Urquell, Peroni, Aguila, Cristal, Cusquena and Tyskie. Additions may come in the future.
Pilsner Urquell is “pushing the upscale end of the category in grocery and retail,” Browne said. “Peroni is expanding its footprint in big cities and nightlife culture as a ‘style beer,’ and we’re introducing new markets for Peroni, as well as draft and a new 12-pack.”
Along with the best selling imported beer in the U.S.—Corona—Crown Imports also has Modelo, Tsingtao, St. Pauli and Pacifico in its portfolio.
“As the domestic category is homogenized,” Hackett said, “it gives us a point of difference. In high-end category management, we ask retailers to put these beers in front of consumers and allocate space. The bottom line is value to the retailer. With even a small bit of training to the retail staff for up-selling these beers, it brings more dollars to the retailer or bar owner.”
Merchant du Vin
Although he carefully distinguishes his company from the “large players,” Lipa of Merchant du Vin has a formidable range of quality beers: Samuel Smiths, Ayinger, Westmalle, Orval, Rochefort, Lindemans, Melbourne, Greens Organic, Pinkus, Traquair and Zatec.
“It’s huge to the retailer to carry better beers,” Lipa said, “and also for on-premise with beer menus. This helps the import category immensely. The new consumer is not price-conscious, but is image and quality-conscious. For the retailer, it’s ‘How high can I sell it?’”


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Street League Skateboarding Competition Recaps Exclusively on ESPN2; Recap Specials to air as World of X Games Programming on ABC
Beginning in May 2017, ESPN will host official Street League Skateboarding event recap shows on ESPN2 and ABC. Throughout the 2017 and 2018 seasons, Street League Skateboarding recap shows will air as part of the World of X Games programming. The ESPN2 shows will feature 90 minutes of event coverage, while the ABC shows will feature an hour of the best moments from each event.
Since its inception in 2010, SLS has taken street skateboarding from a disparate collection of independent events to a global competitive platform built on a premium qualification system of amateur-to-professional progression and unmatched live events in world-class arenas. Today the SLS Nike SB World Tour exists as the most recognized professional street skateboarding competition series, taking place on custom built, one of a kind, SLS-certified plazas in cities around the world, with the best skateboarders competing for the highest stakes in the sport.
“We’re very proud to partner with ESPN and World of X Games on ABC to bring the excitement of SLS broadcasts to our passionate audience; elite professional skateboarding has simply never had distribution on this level before,” says Brian Atlas, SLS President and co-founder.
The dates for Street League Skateboarding coverage on ESPN 2 and ABC are:
SLS Event ESPN2 / ABC
- SLS Nike SB Pro Open, Barcelona May 23 / June 3
- SLS Nike SB World Tour: Stop One, Munich June 27 / July 1
- SLS Nike SB World Tour: Stop Two, Chicago August 15 / August 27
- SLS Nike SB Super Crown World Championship, LA September 19 & 26/September 24
Now in its third year, the World of X Games has grown from a weekly program on ABC into a full content series across television, live event, digital and social media platforms. Throughout 2017, World of X Games will feature action sports focused content, including the popular Real Series video competitions, new Road to X signature series, World Surf League recaps and curated content from the top action sports athletes, brands and influencers. The series now will include digital and social content, including Skaters in Cars, Gear Checks and ZOOM galleries. World of X Games content will provide fans with year-round access to the best action sports content.
About Street League Skateboarding (SLS)
Street League Skateboarding (SLS) is the first-ever professional league for street skateboarding. SLS features 30 of the world’s most exciting skateboarders competing in an easy-to-follow, ISX™ instant scoring format on one-of-a-kind concrete skate plazas around the world, all for the largest prize purse in skateboarding history. Each season, the elite SLS Pros compete for valuable points to advance to the Top Eight that will compete for title of Champion in the official street skateboarding world championship as sanctioned by the International Skateboarding Federation, the SLS Super Crown World Championship. SLS airs live on ETN with exclusive broadcast replays on ESPN2 and ABC. For more information, visit www.streetleague.com and follow @sls.
Danny Chi, ESPN Communications, 213-405-4400; [email protected]
Grace Coryell, ESPN Communications, 213-405-4402 ; [email protected]


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Rami Baitiéh: Who is the former Carrefour France boss taking over as CEO of Morrisons? - career timeline
In just two months, Rami Baitiéh will take over as CEO of the supermarket giant Morrisons.
and live on Freeview channel 276
UK supermarket group Morrisons has announced that Rami Baitiéh will take over as CEO with current boss David Potts standing down after nine years at the helm. Morrisons’ chair and senior adviser to CD&R, Sir Terry Leahy, described the former Carrefour France boss as an “exceptionally talented and highly capable leader”.
Speaking on his decision to join the company, Baitiéh said: “Morrisons holds a special place for shoppers across the UK, and I am honoured to be joining the business to help build on the strong links the company has with its loyal customers and the communities where it operates.
“As a manufacturer, wholesaler and seller of food, Morrisons is uniquely positioned to grow in the coming years while remaining deeply focused on customer satisfaction.
“I also want to acknowledge the talented and hard-working members of the Morrisons team that continue to make Morrisons an employer of choice in Britain.
“Our people are our great strength and I see tremendous opportunity for team development in the coming months and years. I look forward to building on David’s strong legacy of always putting shoppers first and thank him for his help in the transition.”
But who is the French CEO taking over the UK supermarket giant?
Who is Rami Baitiéh?
Rami Baitiéh is a 53-year-old French businessman of Lebanese heritage.
According to his LinkedIn, Baitiéh graduated with a degree in Accounting and finance from Compiègne Business School ESCC in 1995. In 2012, he obtained a post-graduate Master of Business Administration (MBA) from the University of Quebec in Montreal.
Rami Baitiéh career
Baitiéh joined the Carrefour Group in 1995 after he graduated from business school. He served in various roles in the company including stores, merchandise, IT, and supply chain departments in France, Romania and Poland. His first executive role at the company came in 2015, when he was appointed as Director of the Taiwan division.
In 2018, he was appointed the Executive Director of Carrefour Argentina and then Executive Director of Carrefour Spain in May 2019. His latest stint in charge of Carrefour France - a tenure which began in June 2020 - saw him lead 150,000 employees across 5,800 stores.


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Right now, it’s like there’s a war brewing to see which mystical combination of hardware, software and services will captivate the TV-loving masses. Given the recent news of the Logitech Revue Google TV getting a price drop to $99, you’ve got to wonder how well some areas of this niche are doing. Everyone seems to be trying hard to find the right formula — from Internet-on-TV concepts, like Google TV, to 3D televisions and mobile or desktop streaming options.
Which platform, product or medium do you think will come out to dominate the “boob tube” market? (Or which one are you hoping will?) Vote for your picks below.


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The NZD/USD has been in a range in the past two months. The pair is trading at 0.7040, which is 2.40% above the lowest level in July. It is also about 0.70% below the highest point in August.
New Zealand economic review
The New Zealand economy is doing well as the country recovers from the pandemic. Recent data shows that the unemployment rate declined from 4.6% in the first quarter to 4.2% in the second quarter. Wages and participation also rose in Q2. The jobs that were lost during the pandemic were recovered.
Data published in August showed that electronic card sales rose from 4.0% in June to 4.2% YoY in July. Retail sales are important flash indicators of consumer spending, which is the biggest component of the GDP.
Meanwhile, the Consumer Price Index has risen above the Reserve Bank of New Zealand (RBNZ) target of 2.0%. CPI moved from 1.5% in the first quarter to 3.3% in Q2 as the prices of most items rose.
Furthermore, the country’s trade sector is doing well. Exports rose from 5.89B NZD in May to 5.95 NZD in June, while imports rose from 5.40 NZD in May to 5.69 NZD in June. As a result, the country’s trade surplus fell from 480 million to 280 million NZD.
This recovery will likely continue considering that the country is planning to reopen its borders to foreigners. The government highlighted its plan to accelerate its vaccination process and reopen the borders in early 2022. This will help the country’s struggling hospitality sector.
RBNZ interest rate decision
It is against this backdrop that the RBNZ will conduct its August monetary policy meeting. Analysts expect that the bank will maintain its hawkish policy stance, considering that the New Zealand economy is recovering at a faster rate than expected.
In the July meeting, the bank left the Official Cash Rate (OCR) unchanged at 0.25%. It also decided to abandon its 200 million NZD per week asset purchase program.
As a result, it became the first major central bank to end its quantitative easing (QE) program. If it hikes, it will also become the first major bank to hike interest rates after the pandemic started.
The Fed has continued its $120 billion a month asset purchase program while the ECB is still implementing its 1.8 trillion euro asset purchase program.
Still, the biggest risk for the RBNZ is the Delta variant and the rise of breakthrough Covid-19 cases. The decision comes at a time when the NZD/USD has been in a tight range. The pair has already dropped by more than 5% from the highest point this year.
Other key catalysts for the NZD/USD this week will be the latest Federal Open Market Committee (FOMC) minutes that will come out on Wednesday. It will also react to the latest US retail sales.
NZD/USD technical analysis
The daily chart shows that the NZD/USD price has been in a relatively tight range recently. The pair is trading 0.7043, which is substantially below the year-to-day high of 0.7463. A closer look shows that the pair is along with the 25-day and 50-day Moving Averages. The pair has also formed a narrow channel.
Therefore, the pair will likely break out lower after the latest RBNZ interest rate decision. If this happens, the next key level to watch will be the 50% Fibonacci retracement level at 0.6468, which is about 8% below the current level.


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Normally, expansion packs for various games are released relatively soon after the main game is out, which was the case for the expansion pack called The Titans for Age of Mythology. The base game was released 13 years ago, with the expansion following the year after.
Now however, 12 years later, it's time for a second expansion.
That's right! Late last week, Forgotten Empires announced a brand new expansion for the old classic called Age of Mythology: Tale of the Dragon. The new content was teased during E3 this summer, leading to lots of debate and speculation amongst the fans, but now it's official. The expansion is being developed in collaboration with Forgotten Empires and SkyBox Labs.
More details are to be released during a livestream on Twitch on October 2.


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The prevailing scenario for the U.S. recovery on Wall Street and in Washington has until recently focused on a boom fueled by consumers roaring back to life with a vengeance in a vaccine-induced reopening of the economy.
The reality emerging from the latest data is a bumpy rebound vulnerable to surprises.
Whatever your take is on whether unemployment benefits are discouraging Americans from returning to work or how worrisome recent price hikes are — not very, says the Federal Reserve — the economy is flashing messy signals.
On Friday, stalling retail sales and rising inflation expectations capped a volatile week after major misses in the April consumer price and job reports.
At the heart of the grind is the labor market: getting about 10 million people back to work after a third of the workforce changed or lost their jobs during the Covid-19 pandemic is going to take time, leaving some employers scrambling to fill positions amid brisk demand.
“This will be a chaotic recovery,” said Wendy Edelberg, former chief economist at the non-partisan Congressional Budget Office who now directs the Hamilton Project at the Brookings Institution.
Layered onto the data has been a cyberattack that caused gasoline shortages on the East Coast and prompted Republicans to invoke memories of the 1970s energy crisis.
Added to supply chain bottlenecks that have been a drag on automakers and other manufacturers, the hack has provided evidence of how vulnerable the U.S. recovery remains to unanticipated shocks. And President Joe Biden’s ambitious plans to create millions of good-paying jobs as part of a $4 trillion package face massive barriers at both the federal and state level before they can materialize.
There is no doubt the U.S. economy is rebounding. But the K-shaped bounce predicted by many is turning into a multi-headed monster.
In Ann Arbor, Michigan, you can see it in the business of dog-walker Christina Lirones.
Before the pandemic, she walked eight to ten dogs a day at $20 a walk and often spent weekends house-sitting for pet owners. Wednesday “was a stellar day for post-pandemic and I walked three dogs,” she said in an interview.
The worst is behind her. But demand is still slow. Plus Lirones, 60, has a daunting mountain of credit-card debt she built up during the pandemic by taking up zero-interest credit card offers rather than applying for unemployment benefits.
Lirones has a spreadsheet and a plan to pay off her cards before she has to start paying interest. While stimulus checks she and her husband have received this year went mostly to doing exactly that, she still has a ways to go.
“Tens of thousands is 100% correct,” she texted on Friday. “Yikes. I try not to think about it.”
Economist Edelberg, like many of her peers, remains an optimist about what lies ahead. She expects amassed household savings and pent-up demand to be unleashed in the coming months as the pandemic is brought under control in the U.S. The strongest sign yet of a return to everyday life came Thursday when the Centers for Disease Control and Prevention said vaccinated people can drop masks in most situations.
With the anticipated surge in demand for services such as travel, though, will come yet more mismatches with supply. They will lead to price spikes like the 10% surge in a month in used-car prices — the largest recorded since 1953 — reflected in Wednesday’s consumer price data.
“I fully expect airline prices to go through the roof,” Edelberg said.
Other data indicators point to the patchiness of the recovery.
The surge in job openings to a record high of 8.1 million in March underscored the fast-paced reopening of many businesses in the country but masked job reductions that have continued elsewhere.
In Burlington, Wisconsin, Swiss food giant Nestle SA on Wednesday notified authorities that it would be laying off almost three dozen workers at a factory that has for years made the chocolate “morsels” that many home bakers rely on. A spokeswoman for the company said Friday the cuts were related to the 2018 sale of its U.S. confectionary business to Italy’s Ferrero-SpA/Alba.
In the past two weeks in Ohio, officials have received notices of layoffs from Sunbeam Products and engineering company OPW Engineered Systems.
“It is expected that this closure will be permanent,” an OPW official wrote in his letter to state officials announcing 103 job cuts due to take place over the summer.
Meanwhile, small businesses, which employed almost half the private workforce before the pandemic, have been rebounding more slowly than bigger counterparts.
By many accounts, business is on fire for some restaurants, hotels and hair salons, especially in the South, which reopened early. But an April survey by the National Federation of Independent Business also found a deterioration in the outlook for business conditions, partly because companies are struggling to find workers.
And data from Opportunity Insights, a research group based at Harvard University, show that total revenue at small firms is down about 29% compared with pre-pandemic January 2020 as of May 5.
Even the ideological battle over jobs and unemployment benefits is becoming more complicated. Several Republican-run states have announced that they will be pulling out of federal programs in the coming weeks.
Such a move, officials in those states said, will spur a new wave of people into the workforce. It will also cut the fiscal stimulus going into the economy in those states. According to the Labor Department, more than 12 million people nationally were receiving those federal benefits in April — and these people are consumers.
The dearth of workers in certain sectors and pockets of the country has led corporate giants such as Amazon.com Inc to announce increases in wages. At the same time, small businesses are trying to make sure the debate over a federal minimum wage doesn’t come back on the agenda, and many are offering one-time cash incentives to lure workers.
Economists may have underestimated how a pandemic that upended personal lives and brought trillions of dollars in relief aid into the economy caused many people to recalibrate.
Dog walker Lirones, who lives with her husband and adult daughter outside of Ann Arbor on a 40-acre farm they bought in the 1990s, said she has come to think that having less work than she used to might fit with her desire to slow things down.
“It may be back to roughly what I want to do,” she said.
— With assistance by Reade Pickert, Payne Lubbers, Alexandre Tanzi, and Olivia Rockeman


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- Cultivated meat maker Upside Foods received approval from the FDA for its chicken grown from animal cells. This is the first regulatory approval for any cultivated meat in the U.S.
- The “no questions” letter from the FDA indicates regulators have found nothing unsafe about the cultured chicken the company makes. Upside Foods now awaits approval from the USDA in order to serve its chicken products to consumers.
- Several cultivated meat startups have been working since 2018 with the FDA and the USDA — which are jointly regulating the space — in hopes of gaining approval. Eat Just has the only other regulatory approval for cultured meat, which it has sold in Singapore since 2020.
Upside Foods and the U.S. have both reached a milestone with this approval. Not only is Upside Foods a step closer to selling cultivated chicken, but the U.S. could soon have a new kind of meat available for consumers to choose.
“This is a watershed moment in the history of food,” Uma Valeti, CEO and founder of Upside Foods, said in a statement. “We started UPSIDE amid a world full of skeptics, and today, we’ve made history again. … This milestone marks a major step towards a new era in meat production”
Upside Foods, founded in 2016 as Memphis Meats, was one of the first companies in the cultivated meat space.
It also is the one that’s closest to being able to produce meat at scale. Just over a year ago, Upside opened a 53,000-square-foot facility in the San Francisco Bay Area that will be able to make 400,000 pounds of meat a year — enough to serve some restaurant customers.
A statement from FDA Commissioner Robert Califf and Center for Food Safety and Applied Nutrition Director Susan Mayne said the world is experiencing a “food revolution.”
Through this approval, the FDA is showing its commitment to supporting innovation in the food supply. The statement stressed that the FDA’s first priority is safety. Food made with cultured animal cells, the agency wrote, must meet the same stringent requirements as other food regulated by the FDA.
“We have no questions at this time about UPSIDE’s conclusion that foods comprised of or containing cultured chicken cell material resulting from the production process … are as safe as comparable foods produced by other methods,” the no questions letter states.
In an interview, Amy Chen, Upside Foods’ chief operating officer, said this is a tremendous moment for the company and the cultivated meat industry. It’s also cementing the United States’ leadership in the food tech space by showing the rigorous vetting of a new technology.
“I think everything feels so much more real and tangible now than it did yesterday,” Chen said. “What will be wonderful is that consumers now who may have heard about this and may have dismissed this as science fiction, will see this news and realize that this is coming maybe much sooner than they think.”
There are still steps that must happen before Upside Foods’ cultivated chicken can be served. Under a formal agreement issued in 2019, the FDA and the USDA jointly regulate the space.
For meat and poultry products, the FDA ensures products are produced in a safe manner. After the meat is harvested from the bioreactor, it enters the USDA’s jurisdiction — just like any animal meat product.
Chen said Upside Foods has worked with the USDA toward getting a regulatory green light, but there are some actions that could not take place until the FDA approval. Facility inspections and registration need to occur, as well as work on product labeling. Chen could not say how long it could take to get this work done.
An FDA spokesperson said in an email the agency intends to issue guidance for cultivated meat companies to follow. The guidance will be open for formal public comment and discussion. There was no timeline for this document’s publication.
The FDA did not comment on whether other cultivated meat companies are getting close to receiving its approval.
In addition to working toward full approval to sell the product, Upside Foods is planning to build its first commercial-scale facility. This plant will have an annual capacity of tens of millions of pounds of cultivated meat. Upside hopes to have the facility up and running in the next couple of years, Chen said.
The FDA’s decision has received early praises from others in the cultivated meat industry — as well as those who have been in the traditional meat space. Barry Carpenter, a former president and CEO of the North American Meat Institute and an Upside Foods adviser, applauded the FDA’s announcement.
“Demand for meat is skyrocketing, and we need every tool in our toolkit to feed the world,” he said in a statement. “Cultivated meat, along with conventionally-produced meat, will play a crucial role in enabling our food system to get to this point.”
Clarification: This story has been clarified to better describe forthcoming FDA guidance.


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Agency economist Annemarie Kuhns says overall supermarket prices rose about 2.5% last year and we can expect more of the same in the year ahead.
“In 2015, we’re expecting grocery store prices to rise 2 or 3%,” Kuhns says. The U.S.D.A. Food Inflation Forecast details how beef prices are up about 19% from a year ago and those prices will likely continue to climb still-higher. “We are forecasting beef and veal prices to rise 5 to 6%,” Kuhns says. The report predicts pork prices and dairy prices will also rise 2 or 3%, along with fresh vegetables, too.
Kuhns says, “It’s going to be a lot of the items around the perimeter of the store, some of the meats, produce, that will see slightly higher-than-average inflation than a lot of the goods within the center aisles, the non-perishable goods, cereals, bakery products, sugars and sweets and non-alcoholic beverages.”
Look for changes on the menu at your favorite eatery, as well. The survey predicts restaurant prices will be rising an average of three-percent over last year.


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updated 12:00 pm EDT, Thu June 12, 2008
AMD Intel Fight Over USB 3
Intel on Thursday issued a response to what it says are "myths" circulating its control of the upcoming USB 3.0 standard. Following accusations by AMD and nForce board maker NVIDIA that Intel was deliberately withholding details of the host controller for USB to give its own products an edge, Intel hopes to refute claims of sabotaging rivals' efforts by arguing that it's part of a larger group promoting the format and that it has no financial incentive to hold back on the host controller itself. The company still plans to license its host controller for free, says Intel's Nick Knupffer.
"Intel plans to make this spec available early in second half of 2008 with a no-royalty licensing obligation," he says. "This isn't only because we are just nice guys, but it is also because Intel has set the bar for technology leadership and industry stewardship... [plus] we at Intel love it when available processor performance is used to the max."
The semiconductor firm also notes that there are technical concerns keeping the host controller, which manages traffic between the USB interface and the main computer, from being released until the later part of the year. Intel is allegedly concerned that rushed development could lead to malfuctioning devices in the future and that the specification needs to be "fully developed and mature" before it can launch elsewhere, according to Knupffer.
AMD and NVIDIA have argued that Intel's delays would force them to create an open host controller standard that could be in development as early as this week. The technology would minimize the lag for USB 3.0-ready mainboard chipsets from AMD and Intel at the potential risk of rendering some devices incompatible with non-Intel systems.
USB 3.0 is slated to be as much as ten times faster than 2.0, peaking at 5Gbps, and should also better handle low-power devices than earlier versions. [image via Tech-On]


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Ricoh India has reported a sales turnover of Rs 62.68 crore and a net loss of Rs 8.05 crore for the quarter ended Jun '11
Japanese office products maker Ricoh plans to slash 10,000 jobs in three years, as part of efforts to trim costs. Ricoh, which has good presence in India, is looking at ways to rejuvenate its business after being impacted by the 2008 global financial crisis as well as the recent earthquake in Japan.
Ricoh India, a unit of Japan's Ricoh Co Ltd, is in talks to acquire an Indian IT services firm and hopes to close the deal by May this year, Managing Director N Maitra, said on Thursday.
Ricoh India has reported a sales turnover of Rs 66.18 crore and a net profit of Rs 1.65 crore for the quarter ended Dec '10
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