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Despite the global restaurant industry’s challenging year, Sushi Sushi franchise is on a roll
Leading market analysis organisation, Roy Morgan Research has labelled Australia as “the land of the rising sushi.” Sushi Sushi franchise has quickly made a name in the booming industry as Australia’s largest and most-loved sushi brand.
The Sushi Sushi Box Hill location has been thriving since 1998 as the very first retail sushi outlet in Victoria. Today, over 130 locations across Australia and New Zealand are bringing sushi out of expensive restaurants and into the hands of everyone.
Sushi Sushi franchise is a proven business model with over 20 years of experience as a market leader in Australia’s profitable industry. Our business success is quickly expanding through our franchise partners who are passionate about delivering an exceptional sushi experience to their customers.
“The product is what makes Sushi Sushi such an attractive opportunity,” says Olivia Elsley, COO of Sushi Sushi. “As a franchisor, we’re obsessed with profitability and helping our franchise owners run their stores more efficiently and cost-effectively – yet we refuse to cut corners in building a truly incredible product. Every ingredient has a story. The customer may not know that we source our rice directly from Japan, but they can taste the difference in every bite. We’re on a quest for perfection and we’ve found that quest has made our brand and team incredibly special.”
Sushi Sushi franchise owners benefit from growing demand as social trends boost earning potential
Created from the freshest, high-quality ingredients, Sushi Sushi franchise owners are capitalising on the consumption trends that lean towards health benefits, convenience and affordability. As a result, Sushi Sushi is appealing to the 51.6% of Australians that said they enjoyed eating sushi more than any other food product.
Fueled by the growth in emerging markets, such as healthier menu options and skyrocketing need for convenience, quick-service restaurant concepts like Sushi Sushi continue to outperform full-service eateries worldwide.
Sushi Sushi franchises are meeting this growth with three unique business models that make finding the right location easier than ever before. With affordable startup costs, best-in-class support and a culture that emphasises the quest for perfection, the time to invest in Sushi Sushi is now.
“Now is a great time to invest in Sushi Sushi,” says Elsley. “We want our franchise partners to be the very best. Our franchise partners all have their own goals and aspirations and it’s our job as a franchise system to help them achieve those goals. We strive to help them become profitable, to grow their businesses and our track record speaks for itself. Over 40% of our franchise owners have scaled up to multi-unit ownership. We’re looking for people who are passionate about sushi, about business ownership and who share our quest for perfection to join us as we continue to grow.”
Ready to invest in a Sushi Sushi franchise?
Are you ready to invest in a sushi business? We want you to join our team. Our sushi franchise opportunity is poised for rapid growth in the market and we’d love to help you grow with it. Follow this link to learn more.


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Amazon is expanding its Go cashier-less supermarkets, with the company now confirming a second store coming to Seattle this fall, via a report from GeekWire.The new location will continue the gradual roll out of Amazon’s experimental new retail stores, with locations also in the works for Chicago and San Francisco (although there’s no date yet on when those stores will be opening.) The new Seattle store is said to be almost twice as large as the current one, measuring in at 3,000 square feet, compared to the existing 1,800 square feet location.
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Telstra has canvassed 1,000 Australian SME business owners to find out the biggest blunders made by small businesses in 2014.
According to Telstra’s Smarter Business survey, nearly 40 per cent of Australian SMEs cite, ‘not building the necessary partnerships/relationships’ as the single biggest business faux pas made last year, while one in four also admitted to not investing in technology at the right time.
Interestingly, 47 per cent of all SME owners interviewed believed that they had never made a business mistake. Of these, the ‘proudest’ – or perhaps the ‘savviest’ – SMEs were from NSW, where only around half admitted to having made a business mistake they were willing to recall. South Australians were most likely to admit to a misstep, with 62 per cent saying they had made a mistake.
The most common biggest business blunders, in order, are:
- Not building the necessary partnerships and relationships (38 per cent).
- Not investing in technology at the right time (20 per cent).
- Making big decisions based on whatever the competitors are doing (14 per cent).
The survey also found that 68.2 per cent of small business owners believe technology is much more affordable and accessible for small businesses now, then it was when they first started their business. Additionally, almost
40 per cent of Aussie SMEs owners surveyed believe that small businesses need to adopt virtual working to remain viable into the future.
KEYS FOR 2015
The three areas identified by SMEs as part of Telstra’s survey as key focuses for 2015 are:
1. Customer and supplier relations.
3. Job satisfaction.
“As we kick off 2015, it’s an important time for small business owners to stop and reflect on their business learnings,” said Andy Giles-Knopp, Executive Director, Small Business, Telstra. “Our latest Smarter Business research reveals that customer and supplier relationships will be the biggest priority for SMEs in 2015 and technology will be key in driving this, through solutions such as video conferencing, mobile devices and business apps.”
Like My Business on Facebook now to get involved in the SME community discussion.
Follow @mybusinessau on Twitter for breaking stories throughout the day.
Learn more about the SME Association of Australia, the Publisher of My Business.
Are you aspirational? Find out about our stablemate, Aspire magazine.


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Facebook’s overhauled UI design to become a default in September
The new design was introduced last year during Facebook’s developer conference and initially rolled out to iOS and Android apps. In March this year it reached the web version as an opt-in feature.
Next month when you open your Facebook account in the desktop browser, you might just take a few seconds catching up with an overhauled look of the entire platform. Yes, the social media giant's ‘Classic' look with a familiar Blue bar on top will be going away in September. This announcement comes from Facebook's updated support page. This shouldn't come a surprise as the new design was introduced last year during Facebook's developer conference and initially rolled out to iOS and Android apps. In March this year it reached the web version as an opt-in feature. However, this won't be an opt-in feature come September.
If you have already opted for the new UI design and plan to switch back to the classic theme, you will be shown a feedback box that clearly states “The classic Facebook experience will no longer be available starting in September. Before the new Facebook.com becomes the default experience, we want to learn more about how we can improve.” This is followed by a feedback question of ‘Are you switching back because of missing features?'.
With the new UI, these will be the changes that you will notice:
-The new desktop site has a cleaner and more streamlined look. The focus of the new look is on making it easier for users to find videos, games and groups.
-The overall look of the redesigned is quite similar to the Facebook app both in terms of design and experience.
-Dark mode is one the biggest and most noticeable changes that users will see in the redesigned website. "The new immersive layout along with Dark Mode makes viewing videos on Watch a great experience," Facebook wrote in a blog post.
-The redesigned website also makes it easier for users to create events, pages, groups and ads on Facebook. Users can now preview a new group that they are starting in real time. They can also see what it looks like on mobile before they create it.
Follow HT Tech for the latest tech news and reviews , also keep up with us on Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.


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HTC A9 Aero Unveiling September 29th Featuring Android 6.0 Marshmallow Pre-Installed
There has been a lot of speculation on the next flagship due to be launched by HTC called either the A9 or Aero, but new information suggests it will be the first smartphone to feature Android 6.0. The latest rumors comes as sort of a surprise, especially considering Google will certainly be debuting Marshmallow in its own lineup of Nexus handsets that are expected to be unveiled on the same day.
The latest rumors on the official announcement for the HTC A9 or Aero looks to be September 29th also which will prove to be a huge day for Android enthusiasts. With Google’s dual launch of Nexus smartphones with one manufactured by LG and the other Huawei due to be made unveiled the same day, the announcements on the 29th will have all of us standing-by.
Much of the specs of the HTC A9 or HTC Aero isn’t exactly a surprise as it will feature a MediaTek Helio SoC, 5.2” QHD display, 3500 mAh battery, and 4GB RAM. The high end specs will be reminiscent of what HTC is looking to do with upcoming releases which minimizes the rumors the Taiwanese manufacturer is looking to get out of launching flagship type smartphones in the future.
If the unveiling does come on the 29th, this doesn’t exactly mean the release date will be anytime soon. We’re hearing HTC intends on waiting until sometime in November to make sure Marshmallow is up to par and to assure there are no glitches that typically comes with no operating systems.
As of now, there’s no official word on the price, but we can expect a launch price to be in the area of $650 here in the US.
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President Trump told executives from a country’s largest automakers Tuesday that he would palliate environmental manners and other regulations to inspire a lapse of production jobs to a United States, a oath that some analysts doubt will be as effective as promised.
Just a day before, Trump told business leaders he would cut regulations by 75 percent and “massively” cut corporate taxes. When assembly a arch executives of General Motors, Ford Motor Co. and Fiat Chrysler, he privately targeted environmental regulations, that he called “out of control.”
Though Trump spoke mostly on a debate route about a need to revitalise production opposite a economy, he narrowed in on a automotive attention in sold in a weeks following his election. He alone criticized Ford, GM and Toyota for skeleton to build certain cars in Mexico and afterwards sell them in a United States.
But even a certain overtures Trump offering during a White House assembly — that came after weeks of derisive a automotive attention over Twitter — might not recompense for a fact that automakers can furnish vehicles some-more low in Mexico and will substantially see softening direct for cars in a entrance years, analysts say.
“No matter how many incentives we offer automakers or [whether you] give them taxation breaks, we still have a labor emanate to understanding with,”said Michael Harley, an executive researcher during Kelley Blue Book. “And you’re never going to be means to accommodate that on a one-to-one basis.”
Trump called himself an environmentalist when he sat down with a leaders of General Motors, Ford and Fiat Chrysler and pronounced his administration will concentration on “real regulations that meant something” while expelling those that he finds inhospitable to business.
Executives declined to answer questions after a meeting, including either a boss cited any specific regulations he would cut. Only a apportionment of Tuesday’s entertainment was open to a news media.
Industry leaders contend that complying with increasingly difficult fuel economy standards increases a cost of origination cars, that contingency afterwards be inspected on to buyers or compensated for with pursuit cuts. Those regulations were introduced during President Barack Obama’s initial tenure to revoke wickedness and inspire investment in eco-conscious technology. The Environmental Protection Agency inspected them in a examination resolved dual weeks ago.
Safe Climate Campaign Director Daniel Becker pronounced pursuit origination doesn’t need to come during a responsibility of regulations that have a certain impact on a environment. The fuel economy standards, in particular, assistance to save consumers income during a gas siphon and revoke a country’s coherence on oil, he said.
“Despite a rhetoric, there is mostly reason behind regulations, and in this box there is strenuous justification of how profitable they are for consumers, a attention and altogether Americans,” Becker said.
Analysts have speculated that Trump could palliate those regulations or others that impact a attention as a prerogative for companies formulating some-more jobs in a United States.
“There is a outrageous event operative together as an attention with supervision that we can urge a environment, urge safety, and urge jobs origination and a competitiveness of manufacturing,” General Motors arch executive Mary Barra told reporters after a meeting.
Ford arch executive Mark Fields and Fiat Chrysler arch executive Sergio Marchionne also attended Tuesday’s meeting.
Vice President Pence, Chief Strategist Stephen K. Bannon, Chief of Staff Reince Priebus and Senior Adviser Jared Kushner attended on interest of a administration.
Though regulatory changes could make it some-more appealing to make in a United States, companies will still find there are poignant mercantile and trade advantages to building in Mexico, including cheaper labor and fewer trade restrictions, pronounced Kelley Blue Book’s Harley.
The large automakers also make investments meaningful they will endure any singular president, regardless of what policies or regulations are put in place, pronounced Kristin Dziczek, executive of a industry, labor and economics organisation during a Center for Automotive Research.
“This attention has been around for 100 years, and plants final for 40 or 50 years or more,” Dziczek said. “They can’t be swerving left and right each time there is a domestic change.”
Trump has threatened automotive companies that build abroad with a 35 percent tariff on products alien to a United States for sale. Whether Trump has a energy to levy such a taxation on name companies has been called into question.
Trump met Monday with business leaders from a smattering of industries, including Fields and Tesla arch executive Elon Musk. The automotive leaders were told to digest a “series of actions” that will boost U.S. production and contention those skeleton to Trump within a subsequent 30 days.
Do you have an unusual story to tell? E-mail firstname.lastname@example.org


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In 2019, we’re returning to SXSW in Austin, Texas – but we need your support! The festival is a hotbed for innovation and while TheCurrent will be on site gathering insights and producing exclusive events like podcast recordings, we are also aiming to host three panels. But we can only get on the official schedule with your vote.
One of our panels, “How streetwear turns hype into $$$”, will look at how streetwear labels are now catering way beyond hip-hop artists and skater kids on the fringes of society. Trading on scarcity and hype, this is a business on an unstoppable rise, with its poster child, Supreme, now estimated to be worth $1bn. From coveted collaborations to luxury department stores releasing ‘drops’, everybody wants to satiate the young consumer’s appetite.
But what can other industries learn from such masters of frenzy? Listen from a group of experts that include Swan Sit, VP of global digital marketing at Nike; Ferdinando Verderi, creative director at Johannes Leonardo, the global ad agency for Adidas Originals and responsible for the Alexander Wang x Adidas Originals launch; and Aaron Levant, founder of the ultimate streetwear festival ComplexCon and now CEO of NTWRK, an upcoming HSN-like shopping channel for Millennials and Gen Zers.
The panel will dissect this highly engaged community, and help the audience better understand what makes the thrill of the chase such a successful retail strategy.
So if you want to see this panel at next year’s edition, please vote! But be quick, as public voting closes this Thursday (August 30). Doing so is easy, just login or create a quick PanelPicker® account via panelpicker.sxsw.com. Then find our How street turns hype into $$$ and all you have to do is click on the “Vote Up” button in the top lefthand column.
Streetwear has had an increasingly strong influence on how young people consume fashion trends and engage with brands, and the luxury industry in particular has taken notice. Last week, Balenciaga launched exclusive sneakers at Selfridges, but they can only be purchased by appointment; earlier this year, Moncler announced it will launch monthly collections, as opposed to seasonal, in a collaboration model not too dissimilar from the streetwear industry; and lastly this November, TheCurrent will be present at ComplexCon for the very first time.


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Anti-Internet freedom giant Verizon announced that it will be using its FIOS network to sell and deliver online ad-supported gaming, according to Online Media Daily [Aug. 11, 2006]. â€œThe service is optimized for the Verizon fiber-optic broadband network, and runs fastest when players have subscribed with Verizon,â€ [my italics] it was reported. Verizonâ€™s PlayLinc gaming service will feature ads for the phone giantâ€™s â€œfiber-optic network, mobile phones and phone serviceâ€¦and on the program itself.â€
Oh, what a tangled web we will have, as the anti-net neutrality monopolists use their new discriminatory powers to shape the Internet to their liking.
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There will be no official Kentucky license plate for the Alltech FEI World Equestrian Games, organizers said Thursday.
Instead there will be an unofficial license plate that can be bought by anyone worldwide that should make more money for the World Games 2010 Foundation.
"We decided it was better to do something that everyone could participate in, not just residents of Kentucky," said Games spokeswoman Amy Walker.
Walker also said that while organizers had received "several hundred" applications toward the 900 required before the state would issue an official license plate, it was clear that 900 would not be received before the foundation's deadline of Sept. 30.
Missing the deadline would mean the plates probably would not be available in January when many Kentucky residents re-license their motor vehicles, she said.
Those who applied for the official plates are being notified by letter that the plates will not be issued and that their checks for the $28 application fee have been destroyed, Walker said. The applicant can add the money to the balance in their check book.
The new unofficial license plates can be purchased beginning next week through the Games' merchandise store at www.feigames2010.org.
The store also will have a new line of T-shirts and other items that are part of the foundation's "Half Way There" celebration.
September is considered the mid-point because the foundation began organizing the Games two years ago and they will begin in two years on Sept. 25, 2010.
A similar celebration, called "Three Years To Go," was held in 2007.
The Games will be held at the Kentucky Horse Park for 16 days and world champions will be selected in eight areas of competition. At least 600,000 tickets are expected to be sold.


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One of the country’s largest distributors of precious metals recently redesigned their website to enhance the experience for their customers. U.S. Money Reserve has a brand new face of the company that reflects their true status of leadership in the industry and their commitment to superior customer service. The new website features a brand new coin gallery and new photography of their leader, Philip Diehl, in addition to many other new features.
Philip Diehl is U.S. Money Reserve’s President and former U.S. Mint Director. U.S. Money Reserve is one of the only companies in the industry that is led by a former Mint Director, giving him insight and experience no one else has. Their new website gives updated information about Mr. Diehl, while striving to meet the goal of educating consumers and enhance their experience of buying precious metals.
Ryan Buchanan is the Vice President of Brand and Creative at U.S. Money Reserve and oversaw the redesign of the company’s website. He was thrilled to announce that U.S. Money Reserve now has a tool that lets them create great content across various platforms that allows them to interact better with their clients and offer them the best precious metals products through their new, secure storefront. Mr. Buchanan led the redesign and implemented many new applications that are focused on making purchasing easier and educating customers.
Their new online shop gives customers live competitive pricing on silver and gold bars. The company also offers customers PCGS certified coins and U.S. Money Reserve-exclusive products. Customers are able to sign up for free information kits or visit their brand new Knowledge Center to find information on precious metals terms and up-to-date information. The redesign has even added the Full Headline Gold News Room which provides the public with the most recent updates within the precious metals industry.
U.S. Money Reserve offers a Client-Connect Advantage; making it easy to contact customers for purchasing assistance, one-on-one consultations and even special offline releases. U.S. Money Reserve also offers one of the best return policies in the entire industry, offering a full refund within 30 days at current market value. The new design and all of their other features make it easy to see why U.S. Money Reserve is a leader in the precious metals market.
U.S. Money Reserve was founded in 2001 and serves hundreds of thousands of clients all across the country with all of their precious metal needs. Based in Austin, U.S. Money Reserve is full of uniquely trained team members that hold expert knowledge about the industry and are dedicated to providing the very best service to each one of their customers.


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A report out of the Far East on Tuesday claims Pegatron has started recruitment operations for a new plant in China that will supposedly start manufacturing Apple's next-gen iPhone in the second quarter.
Citing sources familiar with the matter, a China Times report claims Pegatron will start initial production of the so-called "iPhone 6" at its new facility in Kunshan sometime in quarter two. The plant is expected to reach full production capacity in the third quarter.
Pegatron will reportedly share iPhone 6 manufacturing duties with Hon Hai, better known as Foxconn, though each company's share of orders is unknown. The split is likely substantial, however, as the publication claims "thousands" of Pegatron workers will undergo training for the upcoming job.
Tuesday's rumor is in line with Apple's usual annual hardware cycle, which last year saw the release of iPhone 5s and 5c in September.
As Apple looks to diversify its supply chain, Pegatron has bolstered its position as an important cog in the manufacturing machine with responsibilities now expanded to the iPhone 5c and iPad mini. Thus far, however, all premium handsets like the current iPhone 5s have been handled exclusively by Foxconn.
It was around this time in 2013 that rumors of Apple's yearly iPhone plans began to circulate. At the time, reports from Asia predicted a two-pronged hardware update, accurately describing what would later be branded as the iPhone 5s and 5c.
Current rumors point to another two-device launch in 2014 that may bring another boost in screen size to Apple's popular smartphone lineup. After the original iPhone launched in 2007, Apple refused to change the handset's form factor for five years, sticking with a 3.5-inch display until the 4-inch iPhone 5 debuted in 2012. During that time, competitors looking for niche sales launched a variety of devices with ever-increasing screen sizes, ultimately culminating in "phablets" like the Samsung Note series.
In a report on Monday, analyst Brian Marshall of ISI group went so far as to say Apple's next iPhone hardware refresh could be the "motherlode of all upgrade cycles" if the company launches redesigned handsets to combat perceived "large screen envy." Marshall is looking for Apple to launch two handsets this fall, one with a screen size of 4.7 inches and another with a massive 5.5-inches display.


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The future of Africa lies in agriculture, says Nigerian billionare
Nigerian business leader Aliko Dangote told investors “Agriculture, agriculture, agriculture. Africa will become the food basket of the world.”
In a packed room at the headquarters of global law firm Shearman and Sterling high level business leaders and international diplomats invited by the Corporate Council for Africa to hear Africa’s richest man, Aliko Dangote, and Rwandan president Paul Kagame openly converse on Africa’s opportunities and challenges.
Both leaders underscored the ongoing movement to diversify African economies. In the case of Nigeria, Africa’s largest economy, Dangote stated “we should pray that oil prices remain low. This helps wean us off the dependency on revenues from petroleum. We must take oil to be the icing on the cake. We already have the cake,” he added.
The session was moderated by Rosa Whitaker, former US Trade Representative and author of the AGOA (African Growth Opportunity Act), whose business consultancy is credited with helping both African governments and US companies develop commerce.
Publication date: 9/21/2017
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WASHINGTON – A bill reintroduced Thursday by Colorado Rep. Jared Polis would take marijuana off the federal list of controlled substances and make the government regulate it like alcohol.
The bill is one of three introduced in a package by the bipartisan Cannabis Caucus in the House of Representatives, and another attempt by Polis to pass such legislation. He introduced a similar bill in 2015.
Polis’s bill would remove marijuana from the Controlled Substances Act, move federal jurisdiction over marijuana oversight from the DEA to the Bureau of Alcohol, Tobacco, Firearms and Explosives, and puts in place regulations over marijuana similar to those in place for alcohol – including its advertising standards.
The bill is called the “Regulate Marijuana Like Alcohol Act.”
“Colorado has proven that allowing responsible adults to legally purchase marijuana, gives money to classrooms, not cartels; creates jobs, not addicts; and boosts our economy, not our prison population,” Polis said in a statement.
“Now, more than ever, it is time we end the federal prohibition on marijuana and remove barriers for states’ that have chosen to legalize marijuana. This budding industry can’t afford to be stifled by the Trump administration and its mixed-messages about marijuana. The cannabis industry, states’, and citizens deserve leadership when it comes to marijuana.”
Polis’s bill is part of a package introduced by fellow Cannabis Caucus members Sen. Ron Wyden and Rep. Earl Blumenauer, both Oregon Democrats, called the “Path to Marijuana Reform.”
The package, in addition to Polis’s proposals, would change tax rules relating to marijuana and loosen current restrictions on marijuana-related research and economics, according to VICE News, which first wrote about the new package.
Among the provisions: The Department of Veterans Affairs could “provide recommendations and opinions” for treatment using medical marijuana and allow scientists to study the plant more openly.
The two Oregon Congressmen say the package will help boost the economy and navigate the divide between state and federal law regarding marijuana that has been heavily-scrutinized under new Attorney General Jeff Sessions, who has hinted at a “crackdown” on legal marijuana.
But the package of bills face an uphill climb in Congress and would have to be signed by President Donald Trump.


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NEW YORK (CBS/AP) — The bedbugs are biting again, and this time they’ve made a home out of the high-end fashion store Juice Couture.
The company’s flagship store on Fifth Avenue was closed Tuesday, a spokesman said, and will reopen before the end of the week.
He said an exterminating company will be taking everything out of the store and treating the merchandise.
Three other Juicy Couture stores in the city are not affected.
The Fifth Avenue store is the largest Juicy Couture store in the country.
(Copyright 2010 by The Associated Press. All Rights Reserved.)


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We are pleased to announce that the colour range of Triflex ProTect has been enhanced, and now includes RAL 7035 (Light grey) as a standard resin colour.
Expanded UK stocks
In addition, we are now supplying Triflex ProTect, Triflex ProDetail and Triflex ProFibre in RAL 7035, all from our UK warehouse. This means that you can now order these waterproofing systems all in a light grey resin colour for next day delivery.
Triflex ProThan in RAL 7016 (Anthracite grey)
The colour range of Triflex ProThan has been expanded to include an additional colour, Anthracite grey, RAL 7016.


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Firewall & Security Software: Cyber Safe Advice
Online security has never been more important. This article takes a look at how you can use Firewalls and Internet Security Software to boost your online safety.
The UK's National Cyber Security Centre warns that websites advertising fraudulent investment schemes are on the rise.
Criminals are defrauding people into making fake investments using forged news stories promoting investment advice from celebrities, the public is being warned.
The UK's National Cyber Security Centre, a part of intelligence agency GCHQ, has announced it has foiled a growing number of these scams over the last four months.
More than 300,000 malicious URLs linking to investment schemes promoted with fake celebrity endorsements, including Sir Richard Bransom, Ed Sheeran and Martin Lewis, have been taken down during this period.
But the growing number of investment scams has caused the cyber security agency to issue a warning to the public, and to let the criminals know that they are being pursued.
The City of London Police, which leads on cyber fraud activity such as investment scams - which cost the public over £197m in 2018 alone - is also issuing a warning.


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Amsterdam, a dynamic and cosmopolitan capital with a friendly atmosphere, where you can enjoy a magical mix of World-class art, entertainment, nightlife and restaurants. All this in a setting where canal houses, museums and monuments serve as a unique backdrop together
Information on sea cruise
and river cruise berths
Arrival and transfer
M&M Beveiliging (in English, M&M Security) is a privately owned security company based in Amsterdam, the Netherlands. Founded in 2005, the company has been growing steadily ever since. Quality is not only part of our DNA, we are also well-certified. Besides ISO 9001 certification, M&M Beveiliging also possesses the Dutch security hallmark “VPB”. M&M Beveiliging operates under a security permit issued by the Dutch Ministry of Economic Affairs. The company has concentrated its maritime security business in a separate division called M&M Maritime Security.
Miami, March 17, 2015 – Pierfrancesco Vago, Chairman of Cruise Lines International Association (CLIA) Europe, announced today from the 31st annual Cruise Shipping Miami Conference that more Europeans than ever booked a cruise in 2014, increasing 0.5% compared to the 2013 figures.
Click here to read the newsletter.


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After the news broke that Blizzard had begun working on “multiple Diablo Projects” possibly Diablo 4, everyone has been sitting and waiting patiently for BlizzCon 2018 to come around so they could see what the developer had in store for them. Well, it seems that Blizzard will share Diablo news at BlizzCon 2018 but they will not announce all their current Diablo projects.
According to the official Diablo blog, Blizzard released a statement regarding the rumoured Netflix show as well as the possible Diablo 4 announcement.
BlizzCon 2018 is almost here and we’ve seen a lot of rumors flying around about our plans for Diablo at the show. These are very exciting times—we currently have multiple teams working on different Diablo projects and we can’t wait to tell you all about them . . . when the time is right.
We know what many of you are hoping for and we can only say that “good things come to those who wait,” but evil things often take longer. We appreciate your patience as our teams work tirelessly to create nightmarish experiences worthy of the Lord of Terror.
While we won’t be ready to announce all of our projects, we do intend to share some Diablo-related news with you at the show.
November 2 will be an especially diabolical date—not only is it the first day of BlizzCon, it’s also when Diablo III arrives on the Nintendo Switch. If you’re planning to pick up the game (the digital download will be available starting at midnight on launch day) and are joining us in Anaheim, be sure to bring your console. We’d love to slay some demons with you on the show floor.
Again, we want to thank you for your patience and support. We are eternally grateful to you and the millions of other Diablo fans around the world whose passion for this franchise inspires us and keeps our fires burning.
So that statement does not deny a Diablo announcement at BlizzCon but it does not confirm it either. All that it says is that there will be Diablo-related news. It could be just another “hey, we are working on games” stunt but we will have to wait and see what happens.
We will be covering BlizzCon 2018 as it happens and we may have a little surprise in store for our Blizzard readers too. Stay tuned in the coming weeks as we reveal more. Let’s just say we may have a giveaway based just around BlizzCon 2018.
Do you think Diablo 4 will be teased at the show? Let us know in the comments below.


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Kickstarter gaming projects raised more than $83 million in 2012, it has been revealed.
Gaming received the most Kickstarter funding, with more than one million users pledging $83,144,565 (£51,890,678).
However, of the 2,796 Kickstarter project launches, only 911 were successfully funded, compared to more than 1,000 successful projects in the Art, Film, Music, Publishing and Theater categories.
Successfully funded video game projects include Double Fine Adventure, Wasteland 2, Project Eternity and the record-breaking Star Citizen.
Kickstarter has raised more than $340m (£211m) for entrepreneurs and projects since its launch in 2009, including the record of $10 million (£6,433,000) for the Pebble smartwatch last year.
In October, it opened its doors to UK projects and developers, taking a 5% cut of successfully funded projects.
Watch the Star Citizen announcement trailer below:


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Today in Toronto: Seven Weeks, Final Descant, Miranda July, Hou Hsiao-hsien, Elle and Eve, Beams, Zoo Owl
Today in Toronto Hausu director Nobuhiko Obayasi's 2014 film Seven Weeks (野のなななのか) will screen (with English subtitles) at the The Japan Foundation. The 3 hour fantasy / drama is free, but RSVP here. Elle and Eve, a brand new consignment store that lets furniture sellers take money home or donate proceeds of their offerings to charity, is throwing an opening party in Lawrence Heights.
After 45 years, #167 - In a Cabinet of Curiosities will be Descant's last issue. Sadly, the mag can no longer continue to publish. See them off this week in Kensington Market: at the launch, Tightrope Books owner Jim Nason, and Mark Kingwell will read. For more events, click on over to our events section.
Photo of Zoo Owl by Matt Forsythe
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Swissquote, Switzerland’s leading online bank, is launching its crypto trading platform. That comes after increased cryptocurrency trading demand. It said the cryptocurrency rush nearly overrun its customer service and compliance teams.
Switzerland’s Online Bank to Launch a Crypto Trading Platform
The largest Switzerland’s online bank, Swissquote, is reportedly working on its crypto trading platform. Swissquote’s marketing and sales officer, Jan De Schepper, revealed that his firm plans to introduce its cryptocurrency exchange in 2022. He stated that Swissquote aims to be a leading crypto provider.
Also, the company will include staking services and stablecoins to its crypto offerings list. The Swiss banks support 24 digital coins: BTC, ETH, LTC, XRP, BTC, LINK, ETC, EOS, XLM, XTZ, OX, Augur, UNI, AAVE, Cosmos, ALGO, FIL, COMP, Maker, year.finance, DOT, SOL, and DOGE.
De Schepper stated that the firm started expanding its workforce last spring, responding to the increasing cryptocurrency demand. He further revealed that Swissquote targets further expansion. The firm’s net income from cryptocurrency investment surged more than 1,000% towards 63.2% Swiss francs in 2021’s first half.
Meanwhile, the Bank of England echoed its warning that cryptocurrencies’ rapid growth might risk the UK’s financial system. The bank’s Financial Committee stated that cryptocurrency assets are becoming more connected to the global capital space.
With that, it advocates for enhanced law enforcement and regulatory frameworks to manage associated risks. That is according to the central bank’s Financial Stability Report for December.
The report stated that the crypto in institutional investor profiles could expand rapidly. It warned that a massive fall in the crypto market could force institutional investors to sell other monetary assets and transmit shock in the financial system. The leveraged approach can magnify any spillovers.
Jon Cunliffe, BOE Deputy Governor, revealed that the fast-expanding crypto industry might mean a threat without urgent regulation.
Though the controversy, cryptocurrencies seem to see increased adoption. Many leading enterprises have included digital coins for their customers. As the crypto space is in turmoil now, the marketplace might be forming a base for a massive run-up in 2022.
Use the comment section to let us know your views on Swissquote launching its crypto exchange.


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If you’re usinga lot more often in the future, you may have Jack Dorsey to thank for it.
The CEO of both Twitter and Square came to the Consensus blockchain conference in New York on Wednesday to reiterative hisand discuss Square’s recent work to increase their usage.
“The internet is going to have a native currency, so let’s not wait for it to happen, let’s help it happen,” he said on stage. “I don’t know if it will be bitcoin, but I hope it will be.”
Square let merchants accept bitcoin in 2014 for payment of goods, but abandoned that plan after few consumers used bitcoin for that reason. Changing gears, Square in January launched a bitcoin buying and selling feature in its Cash app.
That change highlights bitcoin’s many hurdles in becoming a more common payment option, with the cryptocurrency not widely accepted and many people instead opting to hold onto their bitcoins instead of spending them. But Dorsey’s continued backing for cryptocurrencies gives the community building up digital money a well-known booster who may draw in more fans.
Square this month said it sold $34.1 million of bitcoin in the first quarter but had to spend $33.9 million to buy the digital currency, netting the company only $200,000 in revenue.
Blockchain Decoded: CNET looks at the tech powering bitcoin — and soon, too, a myriad of services that will change your life.
Follow the Money: This is how digital cash is changing the way we save, shop and work.


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Warner Bros. Games Montreal has revealed an extended gameplay demo for the upcoming Gotham Knights, which will be released for the PS5, Xbox Series X, and PC on 25 October 2022. The developer confirmed that the game will not be released for the PS4 and Xbox One.
According to the press release, the reason for that is because:
“Please note, to provide players with the best possible gameplay experience, the game will release on PlayStation 5, Xbox Series X/S and PC and will not be available for PlayStation 4 or Xbox One consoles.”
Gotham Knights is a brand-new open-world, third-person action RPG featuring the Batman Family as players step into the roles of Batgirl, Nightwing, Red Hood and Robin, a new guard of trained DC Super Heroes who must rise up as the protectors of Gotham City in the wake of Batman’s death. An expansive, criminal underworld has swept through the streets of Gotham, and it is now up to these new heroes to protect the city, bring hope to its citizens, discipline to its cops and fear to its criminals. Players must save Gotham from descent into chaos and reinvent themselves into their own version of the Dark Knight.
In the meantime, check out the gameplay trailer below:


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Slow Brexit negotiations is a risk to shipping companies
As Brexit yet again was discussed between the EU’s leaders, the 27 remaining heads of state have agreed that progress has been made, but not enough to start negotiations on a future trade relationship.
The 27 Member States have shown a united front, even as Prime Minister Theresa May has tried to sway countries. There has not been sufficient progress to move on in negotiations and the next assessment of progress has therefore been postponed to December. The delay further shortens the timeline as the UK will have to leave the EU on the night of March 29 2019.
To lower the impact of negative consequences, Danish Shipping works closely with their European counterparts to make sure that shipping companies are prepared for the changes that will happen whatever the outcome of the Brexit negotiations may be.
“As the day of Brexit moves closer without knowing the future trade relationship, it becomes more and more difficult for shipping companies to prepare their commercial operations. Trade agreements require a long process, and this agreement will be no different. Instead of speculating what the relationship will look like, we are working to assist our members to map out and prepare for different scenarios from March 30 2019,” says Casper Andersen, Director EU affairs, Danish Shipping.
For shipping companies, a no deal-scenario will result in cargo waiting for several days for custom clearances, which will in turn cause queues as ports will be a bottleneck between EU and the UK. As a consequence fresh produce risk rotting while waiting for the paper work to go through. Standards on environmental, safety and reporting issues will be unknown from day one as well.


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America’s number one newspaper publisher Gannett posted a rise in third-quarter profits after a strong climb in ad revenues at its television stations.
The media group’s net profits stood at $265.6 million, up from $227.1m in Q2 2001, as net operating revenues edged up 4.2% to $1.58 billion.
Gannett benefited from a 24% hike in TV revenues to $184m, a result of raised political advertising and increased budgets in several other sectors.
Ad revenues were also up at the newspaper division, rising 1.9% to $1.01bn. However, this masks a 7% drop in spend on flagship title USA Today, whose ad pages tumbled 15% from last year.
Data sourced from: Financial Times; additional content by WARC staff


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Signing out of account, Standby...
Internet of Things
More Posts on Internet of Things
WiGL is building a more efficient, greener future for the Internet of Things.
Are your fish tanks secure?
Abu Dhabi-Based Startup The Concept Partners With Etihad Airways To Develop IoT-Based Food Tray And Reduce Food Waste In The Aviation Industry
Made from sustainable materials such as recycled cabin waste and plastic bottles, the tray features an IoT chip that will allow Etihad to track food consumption served on board, as well as portions of the meal that left not consumed.
It's time to start talking about real-time experience delivery at scale. The age of Android DevOps has arrived
In 2020, expect cloud computing to dominate the market, as it will continue to be the platform for emerging technologies such as artificial intelligence, blockchain and Internet-of-Things
Augmented reality and the Internet of Things are among the defining forces going forward.
A study recently showed that Shopee, Lazada and Tokopedia were the most-used e-commerce apps in Southeast Asia


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Yahoo Rejects Microsoft-Icahn Search Bid--But Was It a Serious Bid?Rob Hof
Yahoo has rejected yet another bid to buy its search operations, this time a combined, take-it-or-leave-it offer from Microsoft and activist investor Carl Icahn. The embattled Internet pioneer said the new bid contained no guarantees that it would be superior to the Google search ad deal signed in early June. And Yahoo repeated its willingness to sell the whole company to Microsoft for the software giant’s last offer of $33 a share, which Microsoft withdrew two months ago and said it doesn’t plan to revisit. (Full text of Yahoo’s statement after the jump.)
The upshot: It looks like this long saga is going to end in the proxy fight that will come to a head at Yahoo’s annual meeting on Aug. 1.
It’s unclear how serious this latest missile from Microsoft and Icahn was. According to Yahoo Chairman Roy Bostock in the statement, the “improved” offer—which I’m told involved $2.3 billion in annual search ad revenue guarantees over five years, an improvement over Microsoft’s previous search deal offer—was made Friday with a 24-hour deadline and no chance to negotiate it. (Update: Yahoo on July 14 released its analysis of the deal, which it says calls for that five-year deal plus an option for another five years at $1.6 billion a year, as well as a $1 billion payment for the search business, $3.9 billion in cash for Yahoo stock, and a $2.8 billion loan.) Microsoft also has refused to negotiate with Yahoo’s board, essentially requiring control of Yahoo to be turned over to Icahn and his proposed board slate, according to Bostock, who calls that position “absurd and irresponsible.” He goes on:
“After negotiating among themselves without the involvement of Yahoo!, Carl Icahn and Microsoft presented us with a ‘take it or leave it’ proposal under which we would be required to restructure the Company, hand over to Microsoft Yahoo!’s valuable search business and to Carl Icahn the rest of the Company, giving us less than 24 hours to respond. It is ludicrous to think that our Board could accept such a proposal. While this type of erratic and unpredictable behavior is consistent with what we have come to expect from Microsoft, we will not be bludgeoned into a transaction that is not in the best interests of our stockholders.
It is hard to believe that Icahn, who is seeking to replace Yahoo’s board and cofounder and CEO Jerry Yang, and new ally Microsoft actually expected Yahoo to accept this deal. So what’s up? Leverage in Icahn’s proxy fight and in Microsoft’s attempt to grab Yahoo’s search operations. As Henry Blodget at Silicon Alley Insider notes, “this was not a serious offer. We think it was designed simply to give Microsoft and Icahn more to complain about in the weeks leading up to the shareholder meeting.” Blodget, a Yahoo shareholder, said he still plans to vote against Icahn’s dissident slate of directors.
According to one source close to the negotiations, Icahn and Microsoft CEO Steve Ballmer held several phone conversations with Bostock. Yahoo’s board held a five-hour meeting but concluded the offer, which was nonnegotiable, wouldn’t measure up to the Google deal, which Yahoo claims will bring in $250 million to $450 million a year in additional cash flow. (Update: Actually, Yahoo estimates the Microcahn deal would bring in $300 million in annual operation cash flow.) It does sound like a better offer, so it’s clear that Microsoft and Icahn were at least trying to show that they’re willing to pay up. That could make it more difficult for Yahoo to persuade shareholders it’s open to a deal.
More important, though, the deal would have turned over control to Icahn and his board, which Yahoo says is risky given their lack of experience running Internet companies. What’s more, Yahoo suggested the offer involved selling off its valuable Asian Internet properties. And given the yearlong or more period it would take for any deal to get through regulatory hurdles, if it did, it’s understandable Yahoo’s board was hesitant to do the deal without the benefit of sitting down to talk about it. (The Journal now has a bit of a tick-tock account that backs up what I’m hearing.)
Yahoo’s management and board, who have been meeting with large shareholders in recent weeks, clearly must feel they have at least an even chance to survive Icahn’s proxy fight, or they likely would have found some way to keep negotiations going at a more cordial level. Indeed, a Reuters story now reports that Robert Hagstrom, who runs big Yahoo shareholder Legg Mason Growth Trust, says he found the new Microcahn proposal “unappealing.” On the other hand, Icahn and Microsoft surely would have preferred a friendly deal as well and must feel they have a decent chance to field at least some of Icahn’s directors.
Now, it’s looking increasingly unlikely, in the 19 days left before the annual meeting, that a deal will happen. Unless the two sides can figure out a way to negotiate in a room instead of in the press—something you’d think they’d both prefer to do—that annual meeting is going to be high theater indeed.
Here's Yahoo's statement:
SUNNYVALE, Calif., Jul 12, 2008 (BUSINESS WIRE) -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
The proposal was made on Friday evening and Yahoo! was given less than 24 hours to accept the proposal, the fundamental terms of which Microsoft and Mr. Icahn made clear they were unwilling to negotiate. After reviewing the proposal with its legal and financial advisers, Yahoo!'s Board of Directors determined that accepting the proposal is not in the best interests of its stockholders.
The Board's rejection of the proposal was based on a number of factors, including the following:
1. Yahoo!'s existing business plus its recently signed commercial agreement with Google has superior financial value and less complexity and risk than the Microsoft/Icahn proposal.
2. The Microsoft/Icahn proposal would preclude a potential sale of all of Yahoo! for a full and fair price, including a control premium.
3. The major component of the overall value per share asserted by Microsoft/Icahn would be in Yahoo!'s remaining non-search businesses which would be overseen by Mr. Icahn's slate of directors, which has virtually no working knowledge of Yahoo!'s businesses.
4. The Microsoft/Icahn proposal would require the immediate replacement of the current Board and removal of the top management team at Yahoo!. The Yahoo! Board believes these moves would destabilize Yahoo! for the up to the one year it would take to gain regulatory approval for this deal.
Roy Bostock, Chairman of Yahoo! said, "This odd and opportunistic alliance of Microsoft and Carl Icahn has anything but the interests of Yahoo!'s stockholders in mind. Clearly, Microsoft, having failed to advance in search, is aligning with the short-term objectives of Mr. Icahn to coerce Yahoo! into selling its core strategic search assets on terms that are highly advantageous to Microsoft, but disadvantageous to Yahoo! stockholders. Yahoo's Board of Directors will not allow that to happen. Yahoo!'s Board remains open to any transaction that delivers full value to our stockholders - we just do not believe such a transaction should be dictated by Microsoft and a single short-term investor."
Mr. Bostock continued, "After negotiating among themselves without the involvement of Yahoo!, Carl Icahn and Microsoft presented us with a 'take it or leave it' proposal under which we would be required to restructure the Company, hand over to Microsoft Yahoo!'s valuable search business and to Carl Icahn the rest of the Company, giving us less than 24 hours to respond. It is ludicrous to think that our Board could accept such a proposal. While this type of erratic and unpredictable behavior is consistent with what we have come to expect from Microsoft, we will not be bludgeoned into a transaction that is not in the best interests of our stockholders."
Mr. Bostock also noted that Microsoft's position that it would not deal with, or otherwise engage with, Yahoo!'s management to reach agreement on this proposal or to implement it, is completely absurd and irresponsible given the complexity of the deal - one that requires the removal of half of Yahoo!'s business from Yahoo! and then the integration of it into Microsoft.
Yahoo!'s Board points out that a transaction to acquire the whole company would be much more straightforward and involve far less risk than the new proposal or any similar alternative. The Board believes a whole company transaction could be negotiated and executed prior to August 1st. In rejecting the Microsoft/Icahn proposal, Yahoo! not only repeated its offer to sell the entire Company to Microsoft for at least $33 per share, but also offered to negotiate an improved search only transaction. Microsoft rejected both offers.
Ironically, Carl Icahn, who jointly with Microsoft developed and presented this proposal, had previously urged Yahoo! not to sell its search business to Microsoft. Specifically, in an interview on CNBC's Fast Money program, on June 4, 2008, Mr. Icahn said, "... it's crazy for this company now to do this alternative deal and give the store away, because obviously, an alternative deal is a poison pill because once you've done an alternative deal and given the search to Microsoft, you don't need Microsoft to buy you anymore. So, that would be a poison pill...."
Significantly, the Board believes Microsoft and Mr. Icahn are overstating the value their search and restructuring proposal would deliver to Yahoo! stockholders and are substantially understating the risks. Yahoo! noted that a transaction that would separate the Company's search and display businesses is an undertaking of great complexity. While the Board acknowledges that the current proposal contains a number of improvements over Microsoft's earlier proposal, the Yahoo! Board's conclusion that the current proposal is not in the best interests of stockholders is based on a number of factors, including:
-- The revenue guarantees suggested, which are conditional and subject to reduction, are well below the search revenue that the Company is expected to generate on its own and in association with its announced commercial agreement with Google. That agreement alone is estimated to generate $250 to $450 million of incremental cash flow for the first twelve months following implementation, while allowing Yahoo! to remain a principal in paid search;
-- The success of the remaining Company is critically dependent on Microsoft's ability to effectively monetize search;
-- Microsoft/Icahn's proposed Traffic Acquisition Costs rates are below market;
-- The proposal calls for Yahoo! to sell its industry-leading algorithmic search business and its related strategic and valuable intellectual property portfolio for no incremental consideration; and
-- Many of the components of the headline value that Mr. Icahn and Microsoft put forward, such as the spin-off of the Yahoo!'s Asian assets and the return of cash to stockholders, are steps that could be taken by Yahoo! on its own and the Board continues to evaluate these options.
Mr. Bostock concluded, "Microsoft and Mr. Icahn are trying to dismantle the Company and deliver our search business to Microsoft on terms that would be disadvantageous to Yahoo! stockholders. We are prepared to let our stockholders, not Microsoft and Carl Icahn, decide what is in their best interests and we look forward to the upcoming vote."


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Narrow your search
Here are the official rules for the 2014 CNET Road Trip Picture of the Day sweepstakes, which runs from June 9 through July 27.
Fan favourite game Portal will soon be ported to Android — but only for the Nvidia Shield Android-based portable gaming console.
Featuring its own Isocell technology, Samsung has revealed some more information on the image sensor found inside the Galaxy S5.
With two SLRs strapped to his helmet, photographer Juan Mayer jumps from planes to capture the magic of the skydiving experience.
The curious mobile hybrid camera from Sony has been used to capture stills and video from the world's largest model railroad in the US.
You now have 58 options to select from when letting Facebook know your gender. None of them are "None of your beeswax".
Thought that gigapixel images were all the same? Microsoft has planted a few surprises in its latest panorama from Seattle.
Alongside a new baby OM-D, Olympus also shows off a couple of lenses, the TG-850 tough model and a 50x optical zoom camera.
Another year, another fresh round of iPhone rumours. This time, sources say larger screens are in the works.


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Updated from 2/08/01
Have you ever had one of
just did. After a scathing article in
, an analyst's downgrade and news of a racketeering lawsuit, its stock lost 42% of its value this week.
, which underwrote the company's initial public offering, lowered its rating on the stock to accumulate from strong buy, citing lower-than-expected activity on PurchasePro's network of electronic exchanges on the Internet.
Then the Las Vegas-based PurchasePro issued a release saying that a suit filed against it alleging it was founded on a stolen business plan is "without merit and that the company will defend the suit vigorously."
The stock closed at $14.50 Friday, down 88 cents, or 5.7%. That fall came after the
story sent the stock sliding 14.4% on Monday, and the downgrade and lawsuit combined for a nearly 20% drop Thursday.
Prudential analyst Tim Getz said in an interview Thursday that he downgraded the stock because "suppliers aren't getting as many sales leads as they hoped. Based on my channel checks, adoption rates aren't as high as we expected."
The suit, filed on behalf of
All Creative Technologies
, alleges that PurchasePro CEO Charles E. Johnson Jr. stole that firm's business plan before launching PurchasePro in 1996.
It also says Johnson violated federal regulations by failing to disclose he was vice president of corporate development for All Creative Technologies in PurchasePro's IPO. There is no mention of All Creative Technologies in PurchasePro's initial IPO filing, on record with the
Securities and Exchange Commission
In a statement, PurchasePro said All Creative has no operations, and that its majority shareholder and principal officer, Russell Pike, has been convicted of numerous crimes. Pike is currently serving a sentence for money laundering in the minimum-security federal prison camp at
Nellis Air Force Base
North Las Vegas, prison officials there confirmed. He is currently set for release in 2003. Calls to attorneys for All Creative, which lists Pike as president, secretary and treasurer, were not returned.
PurchasePro's statement also said Johnson invested in All Creative and lost his entire investment, but didn't address whether Johnson worked for All Creative.
According to the
Nevada Secretary of State's
office, All Creative Technologies' status as a corporation in good standing was revoked Jan. 1,1997, and reinstated Dec. 29, 1999. Its status was revoked again on Jan. 1, 2001, and reinstated Jan. 19, 2001. "In good standing" basically means that a company has kept its incorporation documents up to date.
In the months before the
article, which questioned company financial practices,
about PurchasePro's numbers. After its third-quarter results, for instance, there were questions about its huge jump in accounts receivable, a big drop in its recurring revenue, a $7 million expense the company didn't record, and doubts about PurchasePro's claim that it didn't have to spend any cash during the quarter. The company has defended its practices.
One issue raised by the Barron's article was that a subscription agreement between
and PurchasePro had expired. Thursday evening, Office Depot issued a press release stating that it had expected that agreement to expire, and that it "remains committed to working with PurchasePro.com, and has integrated its services throughout in its e-commerce, catalog and retail store offerings to small business customers."
Analysts said they expect PurchasePro to report strong fourth-quarter results Monday, when the company is scheduled to hold its quarterly conference call.
"The numbers are going to be good and guidance is going to be good," said Ian Toll, an analyst at
Credit Suisse First Boston
, who rates PurchasePro a strong buy. Referring to the controversy surrounding the stock, he said, "This is the way it's always been for this company." (Toll's firm has done underwriting for PurchasePro.)
Robert Johnson, an analyst with
, says downgrades and lawsuits aside, things should still be on track at the company.
"From an operations standpoint, nothing's really changed," Johnson said. "But all this stuff has sort of floated up to the top, and that's what people are looking at." He rates the stock a strong buy. His firm hasn't done banking for the company.
Patrick Walravens, an analyst with
who rates PurchasePro strong buy, said PurchasePro isn't for the conservative investor.
"This probably is not the right stock for your grandmother. It's very volatile, and they've still got to prove they can drive usage. But they've got a great underlying business model, and their partnerships provide them with a very significant growth opportunity," Walravens said. (His firm hasn't done underwriting for the company.)
"This has been a rough week for them, a very rough week," he said.


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Waycool Foods and Products Pvt. Ltd, which operates fresh-produce distributor WayCool, has raised $5.5 million (approximately Rs 41.67 crore at current exchange rates) in debt funding from the impact investment arm of IndusInd Bank Ltd.
This debt financing is guaranteed by the United States International Development Finance Corporation, an arm of the US government that provides finance to impact-oriented projects.
The Chennai-based company said in a statement it will use the funds to introduce new technologies to its platform, enhance hygiene measures, improve transport efficiency and strengthen its food distribution processes in its target markets.
“WayCool has been steadily building necessary technology and operational capabilities to operate robust agri-food supply chains from soil to sale,” Karthik Jayaraman, co-founder and CEO at WayCool, said.
The debt infusion comes after the Chennai-based WayCool in February raised Rs 227 crore (around $32 million) in a combination of equity and debt funding led by venture capital firm Lightbox.
Separately, US International DFC said the guarantee of the debt infusion would help further its commitment to supporting India’s food and agricultural distribution sector.
The company distributes a wide range of food products including fresh produce, staples and dairy products. It moves over 250 tonnes of food every day to 8,000 enterprise clients across southern India.
Per VCCEdge, the data research arm of Mosaic Digital, WayCool reported consolidated net sales figures of Rs 193.64 crore and Rs 36.49 crore for the 2019 and 2018 financial years. The company also counts institutional lenders Northern Arc Capital and Caspian Capital as its other investors.


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Today’s article was carefully harvested from the bones of an older Friday File, with some updates and additional thoughts thrown in.
The pitch being covered here was that Andy Obermueller had identified the “Google of Energy Storage” and some other interesting battery-related stocks — I first covered the ad in this space back in February of 2016 for our paid members (that’s where most of the article below comes from), but I’ve continued to see a similar ad every few weeks this year… and now that Game-Changing Stocks has a new editor at the helm, they’ve slightly repurposed the ad to focus more on Elon Musk and jazz it up a bit, but the teaser pitch for the two top companies in the ad still looks word-for-word identical to me.
What is below is mostly unchanged from last year… which is a nice reminder that no, these ads do not always represent the very best idea from the current writer/editor of the newsletter, they often represent just a rehash of what the marketing folks know will work to lure in subscribers. The words that used to go out over Andy Obermueller’s signature have not changed, but now the ad is signed by current “Chief Investment Strategist” Genia Turanova. (I don’t know whether the departure was voluntary or not, but Obermueller has moved on, it appears, to start a faith-based investment newsletter called Saving Grace.)
So what’s the story?
Game Changing Stocks is touting a bunch of energy storage stocks that they think will benefit from the huge push toward better batteries and other storage technology, spurred by the well-publicized Gigafactory that Elon Musk’s Tesla is building to create enough lithium battery supply for their future cars and for other applications… like the Tesla Powerwall home battery that they’re selling (just as sleek and shiny as the cars, naturally).
This appears to be right in the teaser wheelhouse of “hot stuff” still — so many newsletters continue to tout the resurgence of solar, and storage has a huge role to play in the future of solar energy, so I expect we’ll keep seeing these solar/storage ideas pitched in the months to come (yes, even with low oil prices). And it’s not just because Elon Musk is smushing Tesla (TSLA) and SolarCity (SCTY) into one big happy family.
I’ll spare you all the “power storage will be huuuuge” stuff, which we will stipulate (storage and efficiency are the two keys to reducing reliance on coal and gas for electricity), and move on to the specific ideas:
“Stock #1: 1,000% Gain from “The Google of Energy Storage”
“My first pick is perfect for conservative investors.
“It’s ‘The Google of Energy Storage’ and offers an incredible opportunity: the chance to make 1,000% gains by investing in a well-established industry leader.
“It’s the global leader for industrial applications. It already has facilities in 20 countries, and customers in 120.
“Given its breadth, it would be essentially impossible for the energy storage market to take off without this company soaring with it. After all, with a 23% market share, it already dominates the market.
“As I said, the U.S. energy storage market alone is set to soar 1,100% over the next four years. This company is the perfect way to capture that growth. If it does nothing more than rise with the tide, it could deliver quadruple-digit returns.
“And that’s not even counting any growth it gets from its operations in other countries….
“What’s also great is that almost no one knows about this company. Despite growing its net income by 483% over the past decade and watching its share price quadruple, it’s still completely under the radar.
“Only about 317,000 shares trade hands per day — which is how many shares Apple trades every eight minutes.
“I’ve tagged this company as an immediate ‘buy.’ As the energy storage revolution unfolds, I think it’s only a matter of time before its share price takes off… and the company becomes a household name.”
It always catches my eye when you’re dealing with an investment that someone touts as “conservative” and that has relatively low trading volume and probably not much of a following, but with some growth and potential for more growth… so that gave me enough curiosity to put some time into firing up the ol’ Thinkolator to ID this one. Obermueller’s hinting at: EnerSys (ENS), which is indeed an industrial battery company.
EnerSys does claim facilities in 20 countries and customers in 120, and they do claim to have 22% market share in their core business (industrial lead acid batteries, mostly for forklifts and backup power systems). As of this year they say it’s 22% of a $9.8 billion business, a few years ago it was 23% of a $8.8 billion business, so it’s been pretty consistent and growing (albeit slowly). Their business is about half “motive power” and half “reserve power” — the motive power stuff is almost entirely from battery-powered forklifts and similar industrial vehicles, the “reserve power” is primarily (about 2/3) for telecom and “unin


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What will happen to Cyberpunk 2077 multiplayer?
Previously, CD Projekt Red had revealed that the Cyberpunk 2077 multiplayer it would have been a product “stand alone” And not just a mode in the single-player game. However, the company has released new information that it throwsor uncertainty about the future of the game Cyberpunk 2077 multiplayer. Let’s find out what’s going on together.
Cyberpunk 2077 multiplayer? All very uncertain
The president and CEO Adam Kiciński stated: “We previously hinted that our next AAA would be multiplayer Cyberpunk. However, we have decided to reconsider this plan. Given our new, more systematic and agile approach, we are focusing on bring online to all of our franchises someday. “
It is a statement very confused which neither confirms nor denies whether the title’s standalone multiplayer mode is still in progress.
The only suggestion we can draw from Kiciński’s comment is that Cyberpunk 2077’s multiplayer standalone game it is no longer a priority of the company. In the past CD Projekt Red had revealed that the release of this standalone title was expected by 2022. Apparently the company has changed its plans further.
Kiciński revealed that the company plans to integrate online on all its franchisesbut did not disclose anything about it current status of the multiplayer version of Cyberpunk 2077.
“We are building online technology that can be seamlessly integrated into the development of our future games. This technology will power the online components we choose to introduce into our games and ensure that we can do so without major tech debts. With this technology in place, we can create an online community – powered by our platform GOG Galaxy – that connects players both on and off our games, ”said the President and CEO.
Kiciński also said the studio “isn’t working on the next big game as a great online experience,” although it’s unclear whether this announcement refers to Cyberpunk 2077 or a separate project.
At the moment, the future of multiplayer seems to be particularly confusing. For this reason we just have to wait for further updates from CD Projekt Red.


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Aluminum Import Monitoring and Analysis System to start on Jun 28
16 Jun 2021 16:33 reported by Joy Liu
The US Department of Commerce (USDOC) confirmed most requirements of the new Aluminum Import Monitoring and Analysis (AIM) system and published a confirmed date of June 28, 2021 as the start date to make the system effective, and other sections will be postponed to June 28, 2022.
The AIM system will require importers, customs brokers, or agents to apply for import licenses for imports of certain aluminum products into the US market through the AIM system website. The request for licenses applies to all basic aluminum products imports.
Back to Steel News


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KSEB engineers’ union to launch awareness campaign
The KSEB Engineers Association will launch a State-wide campaign to mitigate the State’s energy crisis by bringing down power consumption.
At a press conference here on Friday, the district chairman of the association, S. Rajendran said that the programme was not aimed at curtailing necessary consumption, but to create awareness against unnecessary consumption. The consumer would get a reduced bill too, he said.
The association decided on the programme because even in the face of energy crisis, consumption was not coming down.
“What is urgently required is an appreciable drop in consumption during the evening peak hour. A climb in consumption during this period forces the KSEB to purchase costly power,” he said.
Mr. Radhakrishnan said the programme aimed at guiding people to use electric gadgets wards judiciously.
A chart prepared by the association would be distributed to consumers.
The chart suggests that electrical gadgets such as refrigerators be switched off during peak hours.
Consumers should try to buy fridges which are marked 3-star and above. Such fridges consume only 30 units per month.
CF lamps must be used as far as possible. TV watching must be restricted to three hours a day.
Mr. Radhakrishnan said an induction cooker consumed more than 1.2 units of power an hour and air conditioner, 2 units. Careful monitoring of electric meter would also be helpful.
The association would conduct 100 awareness classes in Kollam district.
Twenty-five experts had been trained for the purpose. Institutions or groups interested in attending the class can contact Mr. Rajendran on phone number 9446008267.


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New Lidl store finally opens in Bourne
A long-awaited new Lidl store in Bourne opened its doors to customers yesterday (Thursday).
Customers queued around the car park for the early morning opening at 8am.
Mayor of Bourne Colin Pattison cut the ribbon and welcomed the first customers.
For the first week, customers will be able to enjoy 30 per cent off selected products.


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Sales of smartphones, televisions, home appliances, apparel and fashion products went up 12-20% over last year's Navratri period and there has been 8-12% growth in volume sales of electronic products.
The buoyant start to festive sales – which will continue till Diwali – comes after muted growth in sales for the last 6-8 months due to high inflation.
The flagship online festive sales by Walmart-owned Flipkart and Amazon saw strong growth in volumes this year during the first leg which lasted till the weekend, according to industry executives.
Flipkart has grown sales by over 25% as compared to last year during its just concluded Big Billion Days sale from September 23-30 clocking gross sales of around $5.5 billion during the first eight days, industry executives said. Rival Amazon reported robust growth, saying its sellers received more orders this festive season compared with last year, without commenting on the specifics.
Pent-up demand SoftBank-backed Meesho said it grew by 68% in order volumes this year.
"Things have picked up really well this year. There's a lot of demand in fashion as well -- a category that’s been under stress for a while due to Covid-19. Large categories like smartphones and appliances have grown too," a senior industry executive said.
Deepak Bansal, vice president at LG Electronics India, the country’s largest home appliance maker, said there has been revival of demand during Navratri period including for entry-level products whose sales were falling for the last few months, signalling revival of sentiments across consumer segments.
After two waves of Covid-19, the desire to improve ‘fitness quotient’ among people is also leading to the sports attire segment growing about 50-60% year-on-year, said Abhishek Ganguly, MD, Puma India.
"People are stepping out, people are going for holidays, people are doing more outdoor activities… marathons are back and our category grows on the back of it," he said, adding that the sales growth are similar across both online and offline channels.
Satyen Momaya, chief executive officer at Celio, a French apparel brand, said the start to the season right from Onam in Kerala to Durga Puja has been very strong. "In fact, Durga Puja sales in the east were the highest ever with revenue growth of over 30% and strong footfalls. We expect this to continue till Diwali," he said.
In the smartphones segment, industry executives said sales have bounced back led by heavy online discounting in Apple’s iPhones, 5G phones, mid-and-premium segment. Market tracker Counterpoint Research said the buoyant start will boost overall sales by 12-15% year-on-year in the entire festive season. The researcher said it is confident after Navratri sales that the industry will meet its forecast of $7.7 billion smartphone sales during festive season, the highest ever.
"The pent-up demand after months of slow sales played up during the festive period, buoyed by good deals boosting business in the last 10 days. One out of every three smartphones sold were 5G models," said Tarun Pathak, research director at Counterpoint.
Unicommerce, an ecommerce enablement firm, estimates overall ecommerce reported sales to grow by 35% on a year-on-year basis during the first leg of festive season sales, with the personal care and electronic segment reporting more than 60% growth over the last year. This excludes data for smartphone sales.
Brands like Thomson, Kodak, Blaupunkt, Westinghouse reported 80-100% growth in sales, wearable brand Noise grew sales by almost five times, Acer television sold out its inventory while Compaq television reported 100% growth. Electronic retail chains like Vijay Sales and Great Eastern Retail also reported growth in volume sales which was impacted for several months.
Noise CEO Gaurav Khatri said last calendar year the industry shipped about 12 million units of smart wearables but this year the sales volume is expected to be about 30 million units, aided by festive season sales.
Brands have matched prices in offline stores with online offerings, after protest from brick and mortal stores, resulting in improvement of overall sales. For ecommerce, the first leg of the sale is the most crucial as 60-70% of the overall festive season sale happens during this period. Ahead of Diwali too, many big-ticket sales are planned.
"Following the transaction, majority Indian ownership will create the regulatory space to even convert the operations into a B2C entity. It will provide a better shopping and pricing experience. But it's a call that has to be taken," said a source familiar with the transaction.


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