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Shares in the electric vehicle maker plunged more than 4 per cent to $196.66 on Monday after Mr Musk tweeted that “independent-minded” voters should support Republicans in Tuesday’s midterms.
The stock had recovering slightly to $198.40 by 3.40pm, but was still among the worst performers on the S&P 500 and Nasdaq indexes on Monday.
The company has seen its value fall by 14 per cent since Mr Musk completed the $44bn acquisition of Twitter on 28 October.
Mr Musk has taken a scorched earth approach in his first days in charges of Twitter, firing half the social media company’s workforce, making wildly inconsistent statements on content moderation, trolling celebrities and suspending accounts that mock him.
His demands that users pay an $8 fee for a verified Twitter Blue account has raised questions about the financial viability of the social media company, which he admitted was losing $4m a day.
According to Barron’s, $200 represents a key price level for Tesla stock. Tesla’s shares have held above that figure after previous bad problems such as Covid lockdowns, rising interest rates and weakening consumer demand.
But once the $200 figure has been breached, traders told Barron’s that further bad news for the economy or Tesla could see the stock test $180 or even $100.
“Fundamentally, the weakness in Tesla stock has to be blamed on Twitter,” Barron’s senior writer Al Root wrote.
“More specifically, the weakness has to be blamed on Elon Musk, who now runs both companies.”
Speaking at the Baron Investment Conference on Friday, Mr Musk said his workload had shot up from “78 hours a week to probably 120” since he purchased Twitter.
After initially describing himself as Chief Twit, Mr Musk has since changed his “Twitter Complaint Hotline Operator”.
Mr Musk sold nearly $7bn worth of Tesla stock in August as he got his finances in order to fund the Twitter purchase.
He also borrowed billions which are secured against his remaining stake in Tesla as part of the leveraged buyout.


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Local specialty 'licorice' used in local beer
What the project approached next was commercializing local beer that uses Koshi City's regional agricultural products. On March 28, 2018, the rollout of the new "Halo Kumamoto Beer" took place at "KAEN," a restaurant in Higashi-ku, Kumamoto City (Fig. 9).
The new beer announced that day used "licorice" which Koshi City cultivates as a flavoring. Licorice is said to have a long history of being used as a medical herb and a sweetener throughout the world. Although "licorice beer" that uses licorice as a flavoring is standard overseas, a product which uses licorice raised in Japan is rare.
This beer is sold in 330ml bottles and has an alcohol content of 6%. It is manufactured at KAEN, the restaurant where the rollout event took place. This restaurant is also a micro-brewery (small-scale beer brewery) equipped with tanks and brewing tools at the back, and roughly 500 bottles of the new beer were manufactured in collaboration with Koshi Agricultural Energy Fund (Fig. 10).
The new beer served for tasting received favorable comments such as "less bitter and tastes refreshing with a hint of licorice left behind after drinking."
Shizen Energy Farm launched its food brand "Halo Japan Food" with the aim of planning and producing, in tandem with farmers, food that leverages agricultural products across Japan where the Shizen Energy Group's renewable energy-based power plants are located. The "Halo Kumamoto Beer" was the first release from the brand (Fig. 11 & 12).
New rice cultivar development supported
Furthermore, the development of a new rice cultivar led by Kumamoto Flour Milling is also being supported as an aggressive agriculture project of the Koshi Agricultural Energy Project.
For example, "WE Rice," which Kyushu University developed and Kumamoto Flour Milling produces in collaboration with farmers in Koshi City, is hard to digest and has a lot of vitamins, helpful in combating diabetes and lifestyle diseases.
When it came to supporting new farmers, the project helped conduct training seminars for enterprises aiming to enter the agricultural industry from other industries as well as the children of farmers who were also interested in agriculture.
Funded by the profits from the mega-solar business, the Koshi Agricultural Energy Project aims to contribute to energizing agriculture by providing sustainable support from multiple directions such as personnel training, agricultural infrastructure and new product development along with "aggressive" and "protective" agriculture.

domain: news


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AdRoll, an ad retargeting service, just raised a $70 million round of funding led by Foundation Capital to expand its offering on mobile.
With clients such as Zendesk and New Relic, AdRoll claims to have surpassed 15,000 users recently with a $150+ million revenue run rate.
While ad retargeting services already exist on mobile — Twitter launched such a service late last year — it’s still relatively new territory. According to the company’s press release, AdRoll aims to be seen as a single cross-device service spanning desktop to handsets. Criteo, a competitor to AdRoll, already offers mobile services but does not exclusively focus on ad retargeting.
In total, AdRoll has raised $89 million in funding to date.
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A special tartan commissioned to celebrate The 2014 Ryder Cup has been unveiled at the Lochcarron of Scotland mill in Selkirk by First Minister Alex Salmond and European Ryder Cup Director Richard Hills.
Custom-made by the world’s leading tartan manufacturer, Lochcarron of Scotland, and with design input from 2014 European Captain, Paul McGinley, the official 2014 Ryder Cup tartan celebrates the return of the prestigious event to the home of golf.
The design features four shades of blue inspired by the landscape of Scotland, white to hint at elements of the Saltire, and blue and gold to reflect the core colours of the European flag.
The 2014 Ryder Cup tartan will be available in a stylish collection of tailored apparel and accessories including ties, lightweight scarves, trousers and traditional kilts.
First Minister Alex Salmond said: “I am delighted to launch this official 2014 Ryder Cup commemorative tartan, developed by Lochcarron of Scotland, our world leading tartan manufacturer and the official tartan supplier of the 2014 Ryder Cup.
“Tartan’s importance to Scotland cannot be overestimated. It is deeply embedded in Scottish culture and is an internationally recognised symbol of Scotland therefore this beautiful tartan is the perfect way for the Ryder Cup to celebrate its return to the home of golf.
“Next year’s Ryder Cup at Gleneagles is going to bring enormous economic benefit to Scotland and it’s estimated that the tournament will add up to £100 million to Scotland’s economy, supporting people, businesses and the surrounding communities.
“As one of the world’s largest sporting events, the Ryder Cup is broadcast to 183 countries worldwide reaching more than half a billion homes each day of the competition truly making this event Scotland’s moment to shine.”
The 2014 Ryder Cup European Team Captain, Paul McGinley had a major say in the process. He said: “I’m delighted with the final design of the official Ryder Cup tartan and very honoured that my input was sought in the overall procedure.
“While it was obviously important that the tartan was uniquely Scottish to reflect the host nation of The 2014 Ryder Cup, I also wanted it to illustrate the Continent of Europe that we will all be representing at Gleneagles next September and I think we have done that superbly with the subtle blending of the blue and gold of the European flag.”
Established in 1947 by J Morris Buchan, Lochcarron of Scotland builds on over 60 years of tradition & craftsmanship to constantly supply high quality innovative textiles to the world’s top designers including Vivienne Westwood, Comme Des Garcons and Ralph Lauren. The contract is the first to be awarded by Ryder Cup Europe since its procurement process for the 2014 event began.
Daniel Kim, CEO from Lochcarron of Scotland, said: “We are really excited to be involved in such a huge sporting event coming to Scotland. We have paid careful attention to ensure the design reflects the unique quality and drama of the most treasured trophy in golf, while still paying close tribute to the Scottish heritage behind the game.”
The tartan has been approved by the Scottish Registrar of Tartans. Merchandise featuring the design will be available exclusively on the Ryder Cup website rydercup.com from 1st July 2013, before becoming available in selected outlets nationwide towards the end of the year.
The 2014 Ryder Cup takes place at The Gleneagles Hotel, Auchterarder, Perthshire, Scotland from September 26-28, 2014.


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Just in time for Christmas comes something that Christians worldwide will consider to be an abomination: crucifixes and other religious articles made in deplorable sweatshops in China. They are being sold not only in America’s Christian stores – but even in churches.
A highly-respected workers’ rights group, The National Labor Committee, has documented the brutal sweatshop conditions at the Junxingye factory in Southern China. Here, young women workers – many only teenagers – are forced to toil from 8 am to 11:30 pm, seven days a week, making Christian artifacts.
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They’re paid 26 ½ cents an hour – less than half of China’s miserly minimum wage. Out of this meager pay, workers are docked for bad food and bunks in cramped, filthy dorms. This lowers their pay to nine cents an hour – less than $10 a week. They get no sick days, holidays, or maternity leave – and, ironically, they have no religious rights.
The National Labor Committee found crucifixes from this factory being sold at New York’s St. Patrick’s Cathedral – for $29.95 apiece! The Cathedral has now pulled these products from its gift shops, which is an essential ethical step, but barely a start. The church must use its full moral authority and enormous purchasing power to clean up China’s sweatshop factories engaged in religious commerce.
Far worse than any one gift shop is the Association for Christian Retail – a consortium of some 2,000 religious stores that do nearly $5 billion a year in sales of Christian products. Like Wal-Mart, this profitable economic entity has shifted its manufacturing en masse to China, yet it has not revealed the addresses of its factories, much less the labor conditions in them.
This is one association that should ask itself: What Would Jesus Do? For information, call the National Labor Committee: 212-242-3002.
“Press release from National Labor Committee,” November 20, 2007
“Group says St. Patrick’s Sells Sweatshop Goods,” The New York Times, November 21, 2007
“Sweatshop Crucifixes Pulled from Saint Patrick’s Cathedral and Trinity Church,” www.nlcnet.org, November 21, 2007
“Crucifixes Made Under Horrific Sweatshop Conditions in China, Executive Summery,” www.nlcnet.org, November, 2007
“About CBA,” www.cbaonline.org, November 2007
“Media Information on Christian Retail,” www.cbaonline.org, November, 2007


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Nearly two-thirds (62%) of staged employers feel positive about auto enrolment, and the impact it will have on their business, according to research by Close Brothers Asset Management.
Its Business barometer survey, which surveyed more than 900 UK employers, also found that the majority of employers which have staged for auto-enrolment felt it would bring long-term improvements for their organisation.
The survey also found that 38% of those which have already staged, feel that the short-term cost and disruption of introducing auto enrolment outweighs long-term benefits.
Additionally, 19% think it will be a burden to introduce or add long-term costs.
However, of those which have not yet reached their staging date, 52% are anxious about the process and 33% are worried about the costs involved.
The research also found that:
- Nearly two-thirds believe auto-enrolment will have a negative impact on their operations in the long term.
- 19% of respondents think it will force them to reduce staff salaries and benefits.
- 16% believe auto-enrolment will hit their annual profits.
- 9% think auto-enrolment will impact on the orgaisation’s business investment.
- 16% are concerned it will affect their ability to hire new staff.
- Regionally, Yorkshire holds the highest percentage of staged businesses that are positive about the potential benefits (47%).
- 32% of bosses in the West Midlands are worried about the disruption.
- The print and packaging industry is the most optimistic about auto-enrolment, with 44% of respondents stating that they feel positive about it.
Smaller businesses, with £750,000 to £1 million annual turnover, are most anxious about the long-term impact and potential strains on profits and long-term investment, with 77% feeling negative about the process.
Maxine McIntyre, head of corporate proposition at Close Brothers Asset Management, said: “While it is encouraging to see such positive sentiment around auto-enrolment, it’s telling that this is coming from those which have already staged.
”Concern about the process comes from those for whom this date still lays ahead, which may be unaware of what is required of them and worried about the resources they need to set aside.
“Auto-enrolment brings with it more business benefits than complications and taking steps now to understand the process will mean a far easier process further down the line.”


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Ram (Random Access Memory): News | Page 7
31 Jul 2020OPPO
OPPO Reno4's global variant goes official with Snapdragon 720G chipset
Expanding its portfolio of smartphones, OPPO has launched the global variant of the Reno4 in Thailand.
31 Jul 2020Google
Pixel 4a will be launched on August 3, confirms Google
After hitting multiple delays, Google's budget-friendly smartphone, the Pixel 4a, will finally be launched on August 3, the company has confirmed.
31 Jul 2020MediaTek Helio A22
TECNO Spark 6 Air launched in India at Rs. 8,000
Expanding its portfolio of smartphones, TECNO has launched the Spark 6 Air in India.
31 Jul 2020Realme
Realme X2's update brings important fixes and July security patch
Realme has started rolling out a new software update for its Realme X2 mid-ranger.
30 Jul 2020Amazon
Ahead of launch, Honor 9A's prices leaked on Amazon
Honor's budget-friendly 9A smartphone will be announced in India tomorrow i.e. July 31. Now, just ahead of its launch, a premature Amazon listing has revealed the prices of the handset.
29 Jul 2020Nubia
Nubia Red Magic 5S, with 144Hz display, launched in China
Nubia has launched its latest flagship gaming smartphone, the Red Magic 5S, in China. It comes as a successor to the Red Magic 5G that was released in March.
29 Jul 2020Xiaomi
Redmi Note 9 Pro gets new (4GB/128GB) variant in India
Xiaomi has launched a new 4GB/128GB variant of its budget-friendly smartphone, the Redmi Note 9 Pro, in India.
Vivo S7 revealed in leaked render; prices also tipped
Vivo is working to announce a new mid-range 5G smartphone, the Vivo S7, in China on August 3.
Vivo V19 becomes cheaper in India by Rs. 4,000
Vivo has slashed the prices of its mid-range smartphone, the Vivo V19, in India by Rs. 4,000. The price revision is permanent and applicable to both online as well as offline markets.
28 Jul 2020Samsung
Samsung's Galaxy Note 20-series tipped to start at Rs. 88,000
Ahead of their launch at Samsung's 'Galaxy Unpacked' event on August 5, tipster Ishan Agarwal has revealed the prices of the Galaxy Note 20 and Note 20 Ultra variants.
28 Jul 2020Microsoft
Microsoft's dual-screened smartphone to be launched soon
Microsoft is poised to launch its novel dual-screened smartphone, the Surface Duo, sometime soon. The Android-powered device has received certifications from the FCC and Bluetooth SIG, suggesting it will go official in the coming weeks.
Vivo S7 to be launched in China on August 3
As its latest mid-range 5G smartphone, Vivo is set to launch the Vivo S7 in China on August 3, a teaser video has confirmed.
27 Jul 2020Xiaomi
Redmi 9 to be launched in India on August 4
Xiaomi is all set to launch its budget-friendly smartphone, the Redmi 9, in India on August 4 at 12 pm. The handset was originally announced in Spain last month and later arrived in China.
27 Jul 2020OnePlus
OnePlus Nord's new 'Gray Ash' color variant spotted in OxygenOS
OnePlus Nord could get a new 'Gray Ash' color variant in the coming weeks. According to XDA-Developers, the new shade was discovered in the Engineering Mode app within OxygenOS.
27 Jul 2020Realme
Realme V5 to be launched on August 3; specifications leaked
Realme's upcoming budget-friendly handset, the Realme V5, will be launched in China on August 3, a new teaser has confirmed.
27 Jul 2020Google
Google Pixel 4a tipped to be launched on August 3
Google's budget-friendly Pixel 4a, which was supposed to arrive in May but was hit by multiple delays, will finally be launched on August 3, tech analyst and tipster John Prosser has claimed.
25 Jul 2020Poco
POCO rolls out stable MIUI 12 update for F2 Pro
POCO has started releasing the stable MIUI 12 update for its flagship smartphone, the POCO F2 Pro. The firmware is being released worldwide.
24 Jul 2020Vivo Mobiles
Vivo Y51s, with 5G-ready Exynos 880 chipset, launched in China
Expanding its range of budget-friendly smartphones, Vivo has launched the Vivo Y51s in China.
24 Jul 2020Samsung
Ahead of launch, Samsung Galaxy M31s' specifications leaked
Samsung is all set to launch its budget-friendly smartphone, the Samsung Galaxy M31s in India on July 30 at 12pm.
23 Jul 2020Samsung
Ahead of launch, Samsung Galaxy Note 20's specifications leaked
Samsung is all set to unveil its brand-new Galaxy Note 20 series on August 5.
23 Jul 2020Lenovo
Lenovo's gaming smartphone, Legion Phone Duel, launched
Lenovo has launched its much-awaited gaming smartphone, the Lenovo Legion Phone Duel in China.
23 Jul 2020OxygenOS
OnePlus rolling out camera-centric OxygenOS update for the newly-launched Nord
Chinese tech giant OnePlus has started rolling out the latest OxygenOS update for its newly-launched mid-ranger, the Nord.
22 Jul 2020Samsung
Ahead of launch, Samsung Galaxy Note 20 Ultra's specifications leaked
Samsung is set to unveil its brand-new Galaxy Note 20 flagship smartphones on August 5.
22 Jul 2020OPPO
OPPO F15 gets a new (4GB/128GB) variant in India
OPPO has launched a new (4GB/128GB) variant of its budget-friendly smartphone, the OPPO F15, in India. It joins the existing 8GB/128GB model which was launched in January.
21 Jul 2020AMOLED
Nubia Red Magic 5S to be launched on July 28
ZTE-owned Nubia has announced that it will launch its flagship gaming phone, the Red Magic 5S, in China on July 28.
21 Jul 2020Flipkart
Infinix Smart 4 Plus, with MediaTek Helio A25 chipset, launched
Infinix Mobile has launched a new affordable smartphone called the Infinix Smart 4 Plus in India. It is a successor to Infinix Smart 3 Plus that was launched in April last year.
21 Jul 2020Samsung
This is how Samsung's Note 20 Ultra will look like
Over the past few weeks, we have heard a lot about Note 20 and 20+, but the top-spec Ultra variant remained elusive so far. However, thanks to tipster Evan Blass (via GSMArena), we now have a 360-degree view of the Note 20 Ultra.
20 Jul 2020Samsung
Samsung Galaxy A21s (6GB RAM) variant becomes cheaper in India
The Samsung Galaxy A21s has received a price-cut of Rs. 1,000 for the 6GB/64GB variant in India.
20 Jul 2020OPPO
OPPO Reno4 Pro to be launched on July 31
OPPO has announced that it will launch its premium mid-ranger, the Reno4 Pro, in India on July 31.
19 Jul 2020OPPO
OPPO A72 5G spotted on Geekbench with 8GB RAM
OPPO A72 5G has been spotted on Geekbench with 8GB of RAM and MediaTek's MT6853 (Dimensity 720) chipset. However, the device is also likely to get two more RAM options- 4GB and 6GB.
19 Jul 2020Kirin
Honor Tablet 6 and X6, with Kirin 710A chipset, launched
As the latest addition to its range of affordable tablets, Chinese tech giant Honor has launched the Tablet 6 and X6 models in its home country.
18 Jul 2020Motorola
Motorola G9 Play spotted on Geekbench; key details revealed
Motorola is working to launch the Moto G9 Play in the coming weeks. The smartphone has appeared on the Geekbench 5 platform, revealing key details about its hardware.
18 Jul 2020Flipkart
Ahead of launch, ASUS ROG Phone 3's renders leaked online
Just days ahead of its launch on July 22, renders of the ASUS ROG Phone 3 have been leaked by reputed tipster Ishan Agarwal (via 91mobiles).
18 Jul 2020Samsung
This is how Samsung's Galaxy Note 20 will look like
Over the past few weeks, we've heard a lot about Samsung's Galaxy Note 20+ and Note 20 Ultra, but the standard model remained elusive so far. However, thanks to tipster Evan Blass (via 9to5Google), we now have a 360-degree view of the Note 20.
18 Jul 2020Realme
Realme X2 gets a new (8GB/256GB) variant in India
Realme has launched a new 8GB/256GB variant of its mid-range smartphone, the Realme X2, in India.
18 Jul 2020Huawei
Honor launches MagicBook 14, 15 and Pro notebooks in China
Huawei's sub-brand Honor has launched the MagicBook 14, 15, and Pro laptops in China with the latest AMD Ryzen 4000 processors. All three have the same design as the earlier-generation models.
17 Jul 2020Realme
Realme 6 gets a new (6GB/64GB) variant in India
Realme has launched a new 6GB/64GB variant of its budget-friendly Realme 6 in India. It joins the existing 4GB/64GB, 6GB/128GB, and 8GB/128GB models which were launched in the country in March.
16 Jul 2020Samsung
Samsung Galaxy M01s, with MediaTek Helio P22 chipset, launched
Expanding its range of affordable smartphones, Samsung has launched the Galaxy M01s in India. The handset comes as an upgraded version of the Galaxy M01 that was announced in the country in June.
15 Jul 2020Realme
Realme X50 5G, with 120Hz display, launched in the UK
Realme has launched its mid-range smartphone, the Realme X50 5G in the UK.
15 Jul 2020Samsung
This is how Samsung's next-generation tablets will look like
Ahead of their launch at Samsung's 'Galaxy Unpacked' event next month, press renders of the Galaxy Tab S7 and live images of S7+ have been leaked.


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Apple CEO Steve Jobs kicked of the Worldwide Developers Conference today by introducing the company's new iCloud storage service. The Lion version of Mac OS X and version 5 of iOS also shared the keynote spotlight. Here are a handful of short video clips from the presentation. For more details about what was announced, visit our story roundup.
At Apple's WWDC in San Francisco, Steve Jobs opens to a warm reception from attendees. Jobs came back from medical leave to announce new Apple products.
At the WWDC conference in San Francisco, Apple's Phil Schiller talks about new features coming to Lion, Mac's latest version of OS X. He demonstrates multitouch gestures, which give users the ability to swipe and tap through applications and the desktop.
At Apple's WWDC, Steve Jobs introduces the concept of iCloud and how this service relates to the Contacts, Calendar, and Mail apps.
At Apple's WWDC in San Francisco, Apple's Steve Jobs talks about the company's new cloud photo service. Users have the ability to take a picture on one device and then it automatically shows up on multiple devices.
At the WWDC conference in San Francisco, Apple CEO Steve Jobs explains the new iTunes cloud feature that will allow users to instantly put all their iTunes purchased music on all their Apple devices.
At the WWDC conference in San Francisco, Apple CEO Steve Jobs unveils iTunes Match, part of the company's new iCloud service. For a $24.99 annual fee, users can use iTunes Match to scan their music library for non-iTunes purchased songs. Apple then provides a DRM-free file of those songs for access from iCloud.


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Following a dramatic increase in its revenues in the first quarter, the cryptocurrency security and infrastructure company Ledger completed a new fundraising round led by 10T Holdings.
Known for its Ledger Nano S and Nano X hardware wallets, Ledger announced the completion of a $380-million Series C fundraising round, which gave the company a valuation of $1.5 billion.
Ledger’s Series B round investors Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG and Wicklow Capital attended the new fundraising. Tekne Capital, Uphold Ventures, Felix Capital, Inherent, Financiere Agache (Groupe Arnault) and iAngels Technologies were the new investors.
Ledger CEO Pascal Gauthier said the Series C investment round would transform Ledger from a digital asset security company to a secure gateway to the entire digital asset ecosystem. “This industry is fast becoming mainstream and reshaping the entire financial sector and beyond,” he added.
Ledger will use the $380 million for developing new products and adding decentralized finance solutions to Ledger Live, the company’s wallet software. The company is also looking to strengthen its Ledger Enterprise Solutions, a cloud-based digital asset custody service.
As digital assets are becoming more mainstream, Ledger expects the assets held on its products will grow in volume, the announcement reads. The company wants to position itself as a secure gateway to the ecosystem as it diversifies to include nonfungible tokens, real estate and other blockchain-based forms of value.
Thanks to the bull market earlier this year, Ledger saw a 500% surge in revenues in the first quarter of 2021. The company hired former eToro and Opera leads, and it is still looking to expand its workforce.
Ledger experienced a major data breach in December 2020 that caused a leak of over 270,000 Ledger customers’ personal information. According to the report, the leak also included 1 million emails of Ledger wallet owners and customers that were signed up to the company’s newsletter service.
The post Wallet provider Ledger raises $380M to welcome DeFi ecosystem appeared first on Pre IPO Swap.


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New options for shopping and dining are coming to McAllen’s La Plaza Mall.
Parent company Simon today announced a number of new offerings opening this summer at La Plaza. New retailers and restaurants include Palenque Grill, Mori Japanese Grill and Cuidado Con El Perro, opening their first store in the United States.
“We are thrilled to have so many exciting announcements to share this summer,” said Isabel Rodriguez, director of marketing and business development at La Plaza. “These enhancements are designed with families, retailers, and visitors in mind, and we look forward to sharing this new and refined shopping experience with our loyal shoppers with the beginning of summer on the horizon.”
The first Cuidado Con El Perro in the United States will open at La Plaza this summer. A Mexican clothing brand inspired by urban lifestyle and focused on creating unique, trendy, and casual designs, Cuidado Con El Perro offers apparel for men, women and children including denim, sport, and swimwear. With over 200 stores in Mexico, the 9,957-square-foot store will open next to H&M.
Palenque Grill, a regional fan-favorite, has opened in the new expansion wing next to Yard House. Specializing in 100 percent Mexican food with flavors of the North Pacific Coast of Mexico that includes Sinaloa, Sonora, and North and South Baja California, the 6,818-square-foot restaurant will offer shoppers delicacies including enchiladas verdes, tacos dorados, and chile relleno.
Opening in June, Mori Japanese Grill offers diners a modern twist on centuries-old Japanese cooking techniques. Their signature style of preparing cuts of fish and meat over wood imparts delicious flavors to their notable offerings, including sushi, hot and cold appetizers, and a raw bar. The 7,087-square-foot restaurant will open next to Palenque Grill.


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Air freight demand ends year up, despite softening in later half of the year
IATA has released full-year 2018 data for global air freight markets showing that demand, measured in freight tonne kilometres, grew by 3.5 per cent compared to 2017.
The increase of 2018, was significantly lower than the extraordinary 9.7 per cent growth recorded in 2017.
Freight capacity, measured in available freight tonne kilometres (AFTKs), rose by 5.4 per cent in 2018, outpacing annual growth in demand. This exerted downward pressure on the load factor but yields proved resilient.
Air cargo’s performance in 2018 was sealed by a softening in demand in December. Year-on-year, December demand decreased by 0.5 per cent. This was the worst performance since March 2016. Freight capacity, however, grew by 3.8 per cent. This was the 10th month in a row that year-on-year capacity growth outstripped demand growth.
International e-commerce grew in 2018 which was a positive factor for the year. Yet, there was a softening of several key demand drivers:
- The restocking cycle, during which businesses rapidly built up inventories to meet demand, ended in early 2018
- Global economic activity weakened
- The export order books of all major exporting nations, with the exception of the US, contracted in the second half of 2018
- Consumer confidence weakened compared to very high levels at the beginning of 2018.
Alexandre de Juniac, IATA’s Director General and CEO at IATA, said: “Air cargo demand lost momentum towards the end of 2018 in the face of weakening global trade, sagging consumer confidence and geopolitical headwinds. Still, demand grew by 3.5 per cent compared to 2017. We are cautiously optimistic that demand will grow in the region of 3.7 per cent in 2019. But with the persistence of trade tensions and protectionist actions by some governments there is significant downside risk. Keeping borders open to people and to trade is critical.”
de Juniac continued: “To attract demand in new market segments, the air cargo industry must improve its value proposition. Enabling modern processes with digitalisation will help build a stronger foothold in e-commerce and the transport of time- and temperature-sensitive goods such as pharmaceuticals and perishables.”


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New York ban on soda shows new trend in health
New York City voted on a ban last week that prevents soda and other sugary drinks to be sold in cups larger than 16 fluid ounces. In just a few months, restaurants, fast food chains and other regulated vendors will no longer be able to sell oversized drinks in the city.
Mayor Michael Bloomberg has almost literally put a lid on the problem of American obesity.
Though the ban does not affect most alcoholic drinks or those that contain more than 50 percent milk or more than 70 percent fruit juice, diet sodas and those sold at grocery stores such as 7-Eleven the opposition to the ban is comparable to the prohibition era. Unlike the end of Prohibition with the 21st Amendment, this ban could prove to be a permanent cap on Americas sweet tooth.
That is, if New Yorkers get the message.
Were not taking away anybodys right to do things. Were simply forcing you to understand that you have to make the conscious decision to go from one cup to another cup, Bloomberg said in an interview on MSNBC in May.
Though large drink sizes will be banned, patrons can still buy as much to drink as they want yet the premise is that by portioning it into smaller-sized containers, one is forced to consider the amount being consumed. This tactic should bode well for those on-the-go city dwellers who would find it impractical to carry two, three or even four drinks just to equal their normal portion size.
Approximately one-third of American adults and about 12.5 million children are considered obese by the U.S. Centers for Disease Control. This epidemic of extra weight is caused by the gross negligence in society of what people eat and how much they should be eating. The country is notorious for its supersized portions and fatty diet, and until now, there have been few institutional efforts to halt the weight gain.
As a major metropolis that is constantly providing the country with new ideas, New York is expecting the ban to be the forefront of the battle against obesity.
Perhaps New Yorkers will be more accepting of Bloombergs tactics than Americans were with Georgias anti-obesity advertising campaign earlier this year, which featured overweight children and phrases such as Its hard to be a little girl if youre not, causing controversy because of the intended shock value.
The vote to ban the excessively large drinks is only the latest of policies implemented in New York to improve the health of citizens. Recently, the city has also set precedents in banning smoking in bars and demanding that calorie counts be added to menu items in restaurants. New York has always been a leading innovator, and now legislation for a healthier lifestyle for citizens is the latest idea.
Bloomberg is the first to act to truly fix the American diet. Even if this ban gets repealed like the Prohibition, Americans are finally changing their habit of overeating. The time has come for Americans to acknowledge how much they are really consuming, and to put a stop to it.
And this means buying only one 16 fluid ounce, sugary drink at a time.
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Georgia's parliamentary speaker says her country could reconsider membership in the Commonwealth of Independent States in response to Russia's ban on the import of Georgian wine.
Nino Burjanadze told parliament that unlike most other Commonwealth members, Georgia cannot sell its wine, tea, and other products on the Russian market and its citizens cannot travel to Russia without visas.
She said Georgia is "ready for constructive cooperation and friendship with Russia, but only if this friendship is two-sided and relations are equal."
Prime Minister Zurab Nogaideli expressed doubts about quitting the commonwealth.
Russia says it instituted the ban on Georgia and Moldova because their wine contains unacceptable levels of dangerous chemicals.
Relations between the two countries have been strained recently by disputes over Russian policy toward Georgia's breakaway regions of South Ossetia and Abkhazia.


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The next trailer for Grand Theft Auto V will arrive on Wednesday, but a few more details about the much-anticipated next installment of the open-world crime series have already found their way online.
In order to promote the upcoming GTAV-themed December issue of Game Informer magazine, the publisher has posted a new image featuring the game’s three, still-unnamed protagonists. The trio’s stories will serve as the narrative thread for the game, which will unfold across all three characters’ adventures in the fictional city of Los Santos — a faux Los Angeles of sorts.
While we’ve seen at least one of the characters in previous GTA marketing material, there’s still no official word on how the three men relate to each other and how their stories will blend to form the over-arching narrative of the game.
What we do know, however, is that the next trailer for Grand Theft Auto V will debut November 14, with the game itself scheduled for a Spring 2013 release, possibly mid-May if Rockstar sticks to its recent release pattern. Pre-orders for the game kicked off this week at certain retailers.
More details about the game are sure to arrive online soon, once the full issue of Game Informer is available.


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The draft for the final goods and services tax bill to be tabled in Parliament is expected to be cleared at the two-day meeting of the council, which is responsible for all crucial steps to bring a uniform market in India.
The GST council, headed by finance minister Arun Jaitley, will sit from Thursday to look into the draft bill that deals with levying goods and services tax in Union territories.
“The Centre has secured the council’s approval for two other draft bills — central GST and integrated GST. Another on possible compensation to the states is ready too.
The government plans to roll out the GST from July 1, after missing many deadlines.
The ruling BJP has issued a three-line whip, asking its members to be present in Parliament for the next three days of the budget session’s second half. The command hints at the probability that the GST bills will be introduced in Parliament as soon as possible.
The GST is designed to unify India into a single market, shore up tax revenues and accelerate economic growth by at least 2 percentage points in the medium term.
The two main bills aims to create a state-wise single registration for a taxpayer for filing returns, paying taxes and to fulfil other compliance requirements.
Most of the requirements would be fulfilled online leaving very little room for physical interface between the taxpayer and taxman.
The bills have incorporated an “anti-profiteering” provision to ensure that the reduction of tax incidence is passed on to the consumers. Farmers, however, have been kept out of the GST regime altogether.
Government sources said the GST legislation will likely be taken up as money bills during the budget session, which restarted on March 9 after a month-long recess.
The money bills can’t be rejected by the Rajya Sabha, where Prime Minister Narendra Modi’s government doesn’t have a majority to push through key legislation.
The proposed GST will have four tax slabs. Farmers and small traders are exempt.
The GST council has broadly approved the four-slab structure of 5%, 12%, 18% and 28%. But several states want a higher cap.


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After the surprise announcement last week that The Legend Of Zelda On Wii U will be the only playable Nintendo game at E3, Nintendo have now disclosed some slightly broader plans. They have confirmed that from 9am Pacific / noon Eastern / 5pm UK / 6pm CET on 14th June, we will be graced with a full day of live coverage of the Wii U game at the E3 Event. President of Nintendo America Reggie Fils-Aime will be there to introduce the Treehouse team Kyoto based game company promises the following:
This will be the world’s first in-depth look at the game, which will also include commentaries by Nintendo developers. The Legend of Zelda gameplay will be streamed from the E3 show floor via Nintendo’s channels on YouTube and Twitch, as well as on http://e3.nintendo.com. The stream will include game coverage, behind-the-scenes info and plenty of fun.
Series Producer Eiji Aonuma has said that this new installment in The Legend of Zelda franchise will be a clean break from the conventions of previous games, removing boundaries that forced players to follow a set path and introducing new gameplay that has not been experienced in previous games in the series.
Nintendo is also launching a sweepstakes for residents in North America and Canada to win tickers for two to the E3 event and a chance to play the game – the prize also includes airfare for two, stay in a hotel, and a $500 prepaid VISA debit card”. The details are included in their tweet below;
— Nintendo of America (@NintendoAmerica) May 5, 2016
So if you live in North America or Canada and feel like netting yourself some tickets for this event, be sure to get on your Twitter accounts and hashtag away for a chance to win the Sweepstakes. I have already done my tweet but alas, I am not eligible as I live in Europe :'( Anyway Good luck to you all and I wish you all good luck!
UPDATE* Nintendo have just launched their E3 website which does look pretty cool and is to serve to bring news coverage about the Nintendo @E3 Event and can be found here.
Source: NintendoTags: E3, E3 2016, Gaming, June 14th, legend of zelda, Miketendo64, Nintendo, Reggie Fils-Amie, videogames, Wii U, zelda, zelda u
This post was written by Mike Scorpio


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A hair strand of IVE’s Jang Wonyoung has appeared on a Chinese auction site.
On the 26th, Singaporean media 8days reported, “Recently, Jang Wonyoung’s hair was sold on a Chinese e-commerce site for 999,999 yuan (approximately 18.47 million Korean won).”
IVE, which Jang Wonyoung is a member of, concluded a performance at an indoor sports arena in Singapore on the 24th. It is claimed that three strands of Jang Wonyoung’s hair were pulled out during the concert, and it is possible to conduct DNA tests to prove its authenticity.
Bidding, which began on the 20th, will end on March 2nd. As of the 26th, it was reported that the highest bid exceeded 103,000 yuan (approximately 19.02 million Korean won).
The sight of fans willing to pay exorbitant amounts for an idol star’s hair has sparked shock. Responses such as “Even the person selling it is more ridiculous than the buyer,” and “What are they going to do with three strands of hair?” have been observed.
Some have expressed skepticism about how to prove that it is indeed Jang Wonyoung’s hair. Without the buyer possessing Jang Wonyoung’s DNA, it is impossible to confirm its authenticity.
Especially given the nature of idol groups where security personnel are always present, it was pointed out that it would be impossible to extract Jang Wonyoung’s hair.
Meanwhile, IVE is currently conducting a world tour titled “Show What I Have,” visiting 19 countries and 27 cities.


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Anybody who has lost a phone by either dunking it in a toilet or being pushed into a swimming pool will truly appreciate a phone with waterproof qualities.Though the current Galaxy flagship does a waterproof brother : the S4 Active,rumors via ZDnet Korea suggest that the Samsung Galaxy S5 will be waterproof and dustproof.
The Korean electronics giant’s video, published Friday, gives a starring role to the number 5 in the video then concludes with the words “the next Galaxy.” That broad a hint doesn’t leave much to the imagination, though unlike many teaser videos, the phone itself doesn’t make an appearance even in silhouetted form.
By showing a boy on a waterslide with the words “Wet5” overlaid, the video does suggest that one rumored feature — that the Galaxy S5 will be waterproof — has some truth.
Recent leaks also point to an eye-melting screen for the S5, with a resolution of 1,440×2,560 pixels. With the phone recast to measure 5.2 inches, that would be hugely detailed 560 pixels per inch. The Galaxy S5 is slated for unveiling at next week’s Mobile World Congress in Barcelona.
Stay tuned for more info….


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Counter-Strike: Global Offensive YouTubers Trevor “TmarTn” Martin and Thomas “Syndicate” Cassell shocked viewers when they continued to win big on a CSGO skin betting site.
But in 2016, it was revealed that the YouTubers were the owners of the skin betting site and that the videos of them scoring were completely fake. The Federal Trade Commission settled with TmarTn and Syndicate in 2017 after an infamous apology was dropped.
The terms of the FTC agreement required TmarTn and Syndicate to disclose their business ties to anything they endorsed on their YouTube channels. It wasn’t just that the two were lying about their ownership of CSGO Lotto. The videos were allegedly encouraging young viewers to gamble online illegally.
In response, YouTube started to raise awareness surrounding online skin betting. One big YouTuber, HonorTheCall, posted a long, detailed video pointing out the evidence against TmarTn and Syndicate.
It wasn’t good for TmarTn and Syndicate outside of streaming either. CSGO Lotto was shut down shortly after the Florida district court filed a lawsuit against both Valve and other third-party betting sites. It was starting to become bigger than just TmarTn and Syndicate’s deceitful video.
The scandal led to a massive debate with the FTC regarding whether online gambling should be allowed due to the possibility of the machines being rigged. This was further pushed when mobile casino games became available on rooted devices, potentially allowing them to play a modified version of the casino game.
Valve has since demanded that skin gambling operators shut down or they will face legal action. But despite the major shift in CSGO’s skin betting scene, the game is still going strong.
Counter-Strike: Global Offensive reached more than 1 million concurrent players on Steam in June, 2020. This is partially due to the ongoing lockdown and quarantine measures across the world. In August, the popular FPS slid down to 925,000 concurrent players, a slight decrease from the previous August in 2019.
But CSGO has been around since August 2012. The CSGO community has proven it will prevail and loyally stick by their game no matter the scandal and no matter what new titles come out. In January 2019, CSGO had 20 million monthly users, double the figure from May 2016, when the scandal was taking place. It’s proof that fans will always come back to their favorite FPS title.


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Nike is cutting ties with DSW, Urban Outfitters, Shoe Show and more retailers as it doubles down on its Consumer Direct offense strategy, according to analyst Sam Poser.
Poser, an analyst at Williams Trading, said that the Swoosh also is dropping Big Five Sporting Goods, Dunham’s Sports and Olympia Sports. It will no longer sell apparel to Macy’s, the analyst said, but the footwear relationship with Macy’s (via its Finish Line partnership) remains intact.
“Nike is moving fast to increase its brand strength, as well company
sales and margins,” Poser wrote in a note today. “While we are startled by Nike’s decision to no longer sell [to these] multi-branded retailers listed below, we are not surprised.”
FN has reached out to Nike for comment.
Designer Brands Inc., parent company of DSW, confirmed that the athletic giant notified the company of its decision.
“Nike has shared this news with us. However, it does not change Designer Brands’ current business strategy as we continue to offer a wide assortment from our other brand partners. No single brand is material to our operations, and DBI’s broad assortment across multiple categories is what differentiates our model from many others,” the spokesperson said in a statement on behalf of the company.
Shoe Show also confirmed the move, but said it hoped Nike might reverse its decision in the future.
“We have been a multi-decade business partner with Nike, and we really valued our relationship with them. One of our strengths is that we serve a large customer base that is in large and small cities, as well as in rural communities that may have limited access to internet or don’t engage in online shopping,” said
Vicki O’Donnell, chief marketing officer and chief construction officer at Shoe Show
. “We have a very large retail footprint of [more than] 1,100 stores in 47 states — and for the past 60 years have focused solely on servicing the needs of the family. We will continue this focus by offering a wide variety of styles, sizes and widths.”
This is the second time in several months that well-known stores are being impacted by Nike’s aggressive push to control its own destiny at retail. Last August, Poser revealed that Nike would stop selling to Belk, Dillard’s, Zappos, Boscov’s, Bob’s Stores, Fred Meyer, EBLens, VIM and City Blue.
That announcement came a few months after Nike said it was moving to the next phase of its Consumer Direct Acceleration, which is focused on increased investments in e-commerce and technology, as well as a more simplified “consumer construct” of its men’s, women’s and kids’ businesses.
Nike said last week that earnings for the three months ended Feb. 28 rose 71% to $1.4 billion, or 90 cents per share, trouncing the 76 cents per share analysts predicted. Revenues increased 3% to $10.4 billion, but fell well short of analysts’ forecasts of $11.02 billion.
The company saw revenues in North America decline 11% on a currency-neutral basis — due in large part to global container shortages and port congestion delays, which are impacting retailers across the industry.


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- Infinix Smart 8 Plus India Launch Date Set for March 1, Specifications, Pricing Teased 27 februarie 2024Infinix Smart 8 Plus will launch in India this week, Flipkart has announced through a dedicated webpage. The Infinix Smart series phone debuted in select global markets earlier. The Infinix Smart 8 Plus carries features including a 6,000mAh battery unit, 50-megapixel dual rear cameras, and 128GB of onboard storage.
- Lava Blaze Curve 5G India Launch Set for March 5; Design Teased, Amazon Availability Confirmed 27 februarie 2024Lava Blaze Curve 5G will be introduced in India soon. The design of the phone has previously been teased by the company and now the launch date of the handset has been announced. Going by the teasers, we know that the phone will come with a triple rear camera unit and a curved hole-punch display.
- Nubia Pad 3D II With 12.1-Inch LCD Display, Dual Front and Rear Cameras Launched at MWC 2024 27 februarie 2024Nubia Pad 3D 2 launch was announced by the company at MWC 2024 as the successor to the Nubia Pad 3D that was launched last year. The tablet runs on a Snapdragon 8 Gen 2 chip and sports a 12.1-inch LCD screen with a 144Hz refresh rate. The company says that the tablet can convert […]
- Oppo Air Glass 3 XR Eyewear Prototype Powered by its ‘AndesGPT’ AI Model Showcased at MWC 2024 27 februarie 2024Oppo’s newly showcased Air Glass 3 augmented reality glasses are based on the older Air Glass 2 concept shown at MWC 2023. This time around, there’s new AI bits to power the whole experience including a recently announced large language model called AndesGPT that powers its voice assistant and generative AI capabilities and is partially […]
- Nintendo Switch 2 to Release in March 2025 as Company Prepares to Avoid Resales: Report 27 februarie 2024Nintendo is said to have delayed the launch of its next-generation console, the successor to the Nintendo Switch. Reports last week claimed that the company was advising game publishers that the Nintendo Switch 2 would be delayed until the early months of 2025. A new report now claims that the Switch successor will be released […]
- Samsung Tipped to Launch Galaxy Z Fold 6, Galaxy Ring, and More at Upcoming Galaxy Unpacked Event 27 februarie 2024Samsung's Galaxy Ring could be launched at the company's second Galaxy Unpacked event in July this year alongside the next Galaxy Z foldable devices. The event is also said to see the debut of several other products including Galaxy Watch 7 series and Galaxy Buds 3.
- Infinix GT Ultra Teased, New Gaming Technology, E-Ink Colour Changing Panel Unveiled at MWC 2024 27 februarie 2024Infinix is looking to launch a new smartphone in 2024. The company teased the flagship gaming phone at the Mobile World Congress (MWC) 2024 in Barcelona. The phone is said to carry the moniker Infinix GT Ultra and the company has announced some chipset, display and hardware details. It also introduced a prototype technology called […]
- Krutrim AI Chatbot Rolls Out in Public Beta: Here's How to Test the Chatbot 27 februarie 2024Krutrim AI has been launched to the public and now anyone can try out the newest artificial intelligence (AI)-powered chatbot. The founder of the startup, Bhavish Aggarwal took to X (formerly known as Twitter) to announce that the platform was being rolled out as a public beta and is now available to a wider user […]
- Apple Exploring Smart Glasses, AirPods With Camera, Advanced Sensors and AI: Report 27 februarie 2024Apple patented a smart ring with haptic feedback and pressure-sensitive input in August last year. But the iPhone maker hasn’t started active development on the device, according to a new report from Bloomberg. In fact, Apple could be considering a pair of new smart glasses to compete with Meta’s Ray-Ban smart glasses, and smarter AirPods […]
- Crypto Price Today: Bitcoin Pumps Over $55,700 for First Time Since 2021, Most Altcoins Reap Benefits 27 februarie 2024The overall valuation of the crypto market rose by 6.05 percent in the last 24 hours. Bitcoin, as of Monday, is trading at its two-year high price point of $55,753 (roughly Rs. 46.2 lakh). Ether is trading at $3,220 (roughly Rs. 2.6 lakh). Most cryptocurrencies reflect gains except for stablecoins.


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To celebrate this unprecedented pairing, Z2 Comics will offer an exclusive brand new Abigail graphic novel picture disc edition of this incredible album
“Decadence and Decay” – the follow-up to the band’s acclaimed 2018 debut EP, “Becoming A Demon” – will be released on May 28.
Next month, King Diamond will release CD and LP versions of the classic albums “Conspiracy, “Them”, “The Eye”, and “In Concert 1987” via Metal Blade Records.
King Diamond has been forced to cancel its scheduled appearance at the Hell & Heaven Metal Fest on March 15 in Mexico City.
King Diamond launches new video, “Arrival (Live at Graspop)”, from upcoming DVD/Blu-ray, “Songs For The Dead Live”!
On January 25th, King Diamond will release a new DVD/Blu-ray, “Songs For The Dead Live”, via Metal Blade Records.
On December 14th Mercyful Fate will release LP re-issues of the classic albums “9”, “Dead Again”, and “Into the Unknown” via Metal Blade Records.
On September 14th, King Diamond will release LP re-issues of the classic albums “Deadly Lullabyes Live”, “Give Me Your Soul… Please”, and “The Puppet Master”!


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After previewing it for the past four months, Microsoft is finally beginning to deploy this week what it terms the “most significant redesign [that the] MSN.com homepage has seen in over a decade.”
Microsoft (NASDAQ: MSFT) began showing off the new MSN homepagewith previews that began in November, collecting input on further changes, but said it would be early this year before users actually would be able to get their hands on the update.
Now the time has come.
“Since the preview of our new home page began in November, we’ve been very busy gathering over 70,000 pieces of customer feedback and introducing over 30 updates in our quest to deliver the best home page to stay in the know,” said a post to the MSN blog Tuesday.
The redesign comes at a time when competitors like Google (NASDAQ: GOOG) and Yahoo (NASDAQ: YHOO) are devoting significant resources to attract and keep users on their sites by incorporating more services. Yahoo has added social feeds from Facebook and other networks and Google has added the Buzz social media appto its Gmail page.
“Today the new MSN homepage will begin rolling out to more than 100 million U.S. customers, ramping up from 10 percent availability to 100 percent availability over the next few weeks,” a Microsoft spokesperson said in an e-mail to InternetNews.com.
So, what about those 30 updates to the preview that were influenced by user feedback?
Given Microsoft’s open armed embrace of its nine-month-old search engine, it’s no surprise that Bing comes at the top of the list.
Soon after Bing launched last year, Microsoft CEO Steve Ballmersaid the company would spend between 5 percent and 10 percent of its annual operating income for five years in order to make Bing successful.
Under the heading “Bing, Bing, and more Bing” — a line that sounds like it came directly from the lips of Microsoft’s garrulous CEO — the blog post touted that it has increased the prominence of the Bing search box. Other upgrades include a TrendWatch feature that highlights the day’s most popular Twitter topics, as well as a search history capability.
Last fall Microsoft inked a deal with Twitter to include real-time tweets in Bing searches. Google announced details of a similar agreement with Twitterthe same day.
In addition, the new MSN homepage also provides a single place for users to check their contacts, including Hotmail, Messenger and social networks like Facebook, Twitter and Windows Live.
The new MSN homepage also adds hyper-local tweets, which use Bing to identify tweets from the user’s location and presents them in a new Local Edition feature, while a My Cities function for Local Edition lets users save three cities to follow.


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It can be said that the textile industry is the second most polluting industry in the world and in particular, the production of denim apparel is one of the most polluting of them all, especially in terms of water and chemical consumption. “Currently, five billion pairs of jeans are produced every year. To produce these, about 420 million m3 of water and 900,000 tons of chemicals are used and over 2 million people are exposed to techniques that are detrimental to their health,” explains Carmen Silla, Director of Marketing and Communication at Jeanologia, who is faced with this dilemma.
Faced with this reality, more and more denim companies are contributing to improving the sector. One of the oldest of them all is Jeanologia, a sustainable finishing company. This main objective of Jeanologia, which is based in Paterna (Valencia), is to create an ethical, sustainable and eco-efficient textile finishing industry. It was founded to “transform the textile finishing industry through technology and know-how combining science, fashion, creativity and market needs,” according to Silla.
Among its major pillars is its desire to achieve “a substantial change in production models, aimed at automation, productivity and social responsibility,” she adds. Although demonstrating that through technology it is possible to obtain authentic products and introduce R&D in a world that thrives on tradition, these traditions have been some of the obstacles that Jeanologia has encountered over the past 24 years.
The sustainable transformation of the denim industry
“At Jeanologia we are aware that this situation is unsustainable and we want to transform the industry by reducing the consumption of water and chemicals as well as waste,” says Silla. That is why its goal is “to reduce the environmental impact of the global production of jeans by 50 percent, calculated in terms of consumption of water, energy and chemicals consumed by denim items produced.” But how? By using the “Jeanologia Laser, G2 ozone and the eFlow nanobubbles technology, an average reduction of 20 litres of water, 5 g chemical and 1 kw/h can be achieved, for example,” says Silla. Using one of the latest technologies launched by Jeanologia, namely ‘One Glass One Garment’, it is possible to develop garments in which only one glass of water is consumed during their production.
Therefore, it is not surprising that the world's leading brands want to work with them. In fact, to date, "20 percent of global industry’s production uses Jeanologia technology," explains Silla. In Spain, they work with the main jeans production plants, as well as with Inditex and El Corte Inglés. On the international front, companies like Levi's, Polo Jeans, Abercrombie & Fitch, Edwin Japan, Pepe Jeans, Diesel, Hilfiger Denim, CK, Jack & Jones, Lee, Replay and other large retailers like M & S, GAP, Uniqlo and H & M are also found among its client portfolio. Its technology is also used in five continents, more specifically in sixty countries including the United States, Mexico, Colombia, Brazil, Germany, Italy, Portugal, India, China, Russia, Japan, Morocco, Bangladesh, Pakistan, Turkey, Tunisia and Vietnam.
India, the world's second-largest textile manufacturer
Currently, major European and American brands source their raw materials for their collections or finishes for their products from India. It has become the second largest textile-driven export country in the world, after China and it is undoubtedly a key market for the company. In fact, they have taken on the challenge of transforming the country's denim production centres. “Jeanologia technology has been used in India for 13 years and is currently a technology partner of major brands and laundries,” adds Sill, “helping to improve its competitiveness, “increase production and eliminate all processes detrimental to workers and the environment.”


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Mykola Klym - stock.adobe.com
Sweden’s central bank, the Riksbank, has launched the third phase of its e-krona digital currency project, amid a fresh wave of activity by Nordic fintech disruptors.
With digital payment methods continuing to squeeze out cash in Sweden, fintechs operating in this space are emerging as well-resourced and viable non-bank rivals, better equipped to compete for the customers of traditional high-street banks.
The Riksbank’s phase three module, which is being run in collaboration with strategy and technology consultant Accenture, will pilot-test payment, deposit and transfer capabilities for the digital e-krona. Within this exploratory framework, advanced trials will involve simulated users able to hold e-krona in a digital wallet and conduct standard transactions such as payments, deposits and money withdrawals using a mobile app.
A clear objective for the bank will be to establish whether issuing the e-krona to the general public in electronic form is a realistic and achievable prospect. Although the Riksbank supports continued use of cash in the Swedish economy, it recognises the unstoppable force of digitised payments.
Its long-term strategy is to position the e-krona as a financial tool that could allow the general public future access to its money if Sweden goes cashless.
Accenture has been hired to build a technology platform for the e-krona. Depending on the eventual outcome of the pilot-project, this platform may not end up being used should the project move forward. Although the current phase of the e-krona pilot is set to expire in February 2021, the Riksbank may decide to continue the project up to the end of 2026.
A primary agent of influence for the e-krona project remains the rapid uptake by consumers of digital payment technology in Sweden. The motivating factors behind the e-krona project reflect changing consumer attitudes towards cash and the government’s ambition to transition Sweden to become a cash-free society, partially by March 2023 and entirely by 2030.
The Swedish Retail and Wholesale Council has forecast that 50% of its high-street store members do not plan to accept cash as a method of payment after 2025.
Sweden’s push towards a cashless society is largely business and consumer-driven, aided by the enthusiastic acceptance and adoption of contactless transactions at point-of-sale terminals and the broader use of mobile wallets such as instant payments app Swish.
As with central banks worldwide, the arrival of the digital payments age has caused the Riksbank to question its future role as Sweden’s national agency tasked with the production and distribution of money and credit. At this juncture, the bank views the e-krona as a de facto central bank digital currency (CBDC) that would complement, rather than replace, cash.
A comparable amount of soul-searching and projection is going on at all Western central banks. The main concerns relate to the possible privatisation of money, leading to decentralised currencies, and questions over how digital currencies can be regulated for standards and required to adhere to a clear legal framework.
Read more about cashless society
- Sweden and Norway are global leaders when it comes to reducing the use of cash in the economy – but what about the Nordic region as a whole?
- Sweden is fast becoming a country where cash is on the periphery of payments, and some think it might be the first to become cashless.
- British people are getting used to life without cash, as the Covid-19 lockdown forces the adoption of digital payments.
- Norway claims to use less cash as a proportion of total spending than any other country across the globe, according to a study by its central bank
To this end, the Riksbank has partnered with the Bank for International Settlements and seven other central banks to identify the fundamental principles under which CBDCs should operate and central banks can continue to meet their public policy objectives. The consortium also includes the European Central Bank, the Bank of Canada, the Bank of Japan, the Bank of England, the US Federal Reserve and the Swiss National Bank.
This CBDC collaboration will help the Riksbank define its own mission relating to the development of the e-krona, said Cecilia Skingsley, the bank’s first deputy governor.
“A central bank digital currency can be viewed as a natural development of the central banks’ existing responsibility, given the rapid digitisation of society,” she said. “The central banks in this cooperation share a common view of the core principles that need to guide us regarding CBDCs.”
The digital payments landscape, at a regional level, will also be impacted by the Nordic P27 Project backed by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB, and Swedbank. This pan-Nordic initiative aims to establish the first integrated region for digitised domestic and cross-border payments in multiple currencies by aligning its standards with those of the Single Euro Payments Area.
The P27 offers a new platform that will enable real-time, cross-border payments across the Nordics – a region that accounts for a significant share of Finland’s international trade, said Antti Karhu, tribe lead for payment services at the Helsinki-headquartered OP Financial Group.
“We see real-time payments as the new normal,” said Karhu. “P27 will help make payments in other Nordic currencies faster and smoother. The Nordic economies are well integrated in most areas, but we are somewhat behind when it comes to payments. As a eurozone country, payments between Finland and countries like Germany are very easy and can be settled in real time, whereas payments to Sweden can be quite cumbersome cross-border payments.”
The decline of cash as a means of everyday payment in Sweden is one of the more persuasive arguments put forward by the government for transitioning to digitised payment systems. In 2019, cash represented just 1% of Sweden’s GDP, and the number of cash withdrawals from ATMs in Sweden has been dropping by 10% a year since 2014. By contrast, the use of mobile wallets, payment apps and contactless card transactions continues to increase year on year.
The accelerating shift to digital payment methods has seen a significant jump in the use of the Swish mobile app. The app, which has seven million private and business users in Sweden, is being used for about 50 million transactions a month.
“Swish is easy to use,” said Peter Dahlgren, CEO of niche bank Nordnet. “It has high levels of acceptance and trust, which are important features in the digital payments world.”
Under a technology deal in September, savings and investments customers of Nordnet are now able to transfer money to their accounts in real time using the Swish app.


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‘World Of Darkness: Nexus’– Coming Soon From Demiplane
The World of Darkness is coming to a mobile device or screen near you. Get ready for Demiplane’s newly announced WoD: Nexus.
Not far behind the announcement of Pathfinder: Nexus, Demiplane announced a World of Darkness version of the game. Demiplane, if you missed the news, is a new digital play platform that combines RPG tools and “virtual play spaces.”
Now they’re turning their focus to the World of Darkness, according to an announcement made earlier this week. The new platform will bring you everything you need for a WoD game– save for the black leather and eyeliner.
From the Team at Demiplane
Announcing WORLD OF DARKNESS NEXUS, the official digital toolset for the World of Darkness series of tabletop roleplaying games (TTRPG) that includes Vampire: The Masquerade, Werewolf: The Apocalypse, Hunter: The Reckoning, and more!
World of Darkness Nexus is set to release in 2022 with an Early Access phase targeted to release beforehand where community feedback will be collected that will help shape its development. Players can sign up for email updates and to be notified when Early Access is available at www.worldofdarknessnexus.com.
World of Darkness Nexus enhances the brand’s tabletop roleplaying games with planned features such as a digital reader, rules and lore compendium, character builder, and interactive character sheet. World of Darkness Nexus will also feature a playspace with matchmaking and video chat where all the other features are fully integrated.
So it sounds like you can expect the full suite of digital tools. What’s fascinating is the integrated “Lore Compendium”. It’s a handy thing for sure, because World of Darkness lore is a labyrinth at the moment.
Use the Compendium to navigate different Clans of the Caramilla, the Anarchs, and countless game changes over the last couple of editions. It’ll be an indispensable guide for folks looking to play in the darkness of a city near you.
World of Darkness Nexus is set to release in 2022.


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U.S. Corporate Directors’ Optimism Jumps In March
Diligent Institute, in partnership with Corporate Board Member, has released the most recent Director Confidence Index (DCI), a US national pulse survey tracking director sentiment on the economy and other topical matters. Click below to read the full results.
The future of global business looks increasingly bright thanks to a goldilocks mixture of cheap credit, growing consumer demand and the accelerating rollout of the Covid-19 vaccine—at least among Americans. That appears to be the growing consensus among U.S. corporate directors, who notched their highest rating for the future of the economy in our latest poll.
Our March Director Confidence Index survey, conducted in partnership between Corporate Board Member and Diligent Institute, shows growing optimism for business conditions 12 months from now. Government spending, availability of capital and forecasts of herd immunity by this time next year are a few reasons driving the optimism of the 117 U.S. public company board members polled March 21-24.


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Of the many categories in the tech world, none is more ferociously competitive than enterprise. For decades, SAP, Oracle, Adobe, Microsoft, IBM and Salesforce, to name a few of the giants, have battled to deliver the tools businesses want to become more productive and competitive. That market is closing in on $500 billion in sales per year, which explains why hundreds of new enterprise startups launch every year and dozens are acquired by the big incumbents trying to maintain their edge.
Last year alone, the top ten enterprise acquisitions alone were worth $87 billion and included IBM’s acquiring Red Hat for $34 billion, SAP paying $8 billion for Qualtrics, Microsoft landing GitHub for $7.5 billion, Salesforce acquiring MuleSoft for $6.5 billion Adobe grabbing Marketo for $4.75 billion. No startup category has made more VC and founders wildly wealthy, and none has seen more mighty companies rise faster or fall harder. That technology and business thrill ride makes enterprise a category TechCrunch has long wanted to tackle head on.


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Indefinite strike by traders against the Maharashtra Government’s decision to replace Octroi by Local Body Tax in Mumbai to badly impact consumers
Manufacturers’ Association for Information Technology, the apex body actively representing ICT Manufacturing, Training, IT, Design, R&D and associated services sector has urged the Government of Maharashtra and various trade bodies in the state to amicably settle the issue related to implementation ofLocal Body Tax (LBT) in Mumbai.
The introduction of LBT has made it mandatory for traders to pay for entry of goods into a local area for consumption, use or sale therein. It is a self assessment or account based method of paying local tax, where the trader needs to declare the tax liability by submitting records themselves. It is a replacement of Octroi, which was to be paid every time a consignment enters the city, at Octroi Nakas.
Protesting against this policy, traders have gone on an indefinite strike bringing the financial capital of the country to a standstill. If the issue is not resolved soon, the already troubled IT Hardware Industry would be affected badly. The last fiscal was not good for the IT hardware Industry and this unforeseen shutdown further adds on reasons to worry.
Commenting on the shutdown Anwar Shirpurwala, Executive Director MAIT said, “The Government of Maharashtra and the trade bodies should amicably settle the issue of implementing the LBT and come up with a solution that would benefit the consumers and the trade bodies on a larger scale.”
“Such protests have serious negative impact on the economy and manufacturing and also negatively impact the consumers,” he said adding that it is also important for the state government to resolve the issue bilaterally, and in the larger interest of both the consumers and the traders.If the strike prolongs, the availability and price of items and electronic goods will be affected.


text: Supervalu has nearly doubled in size in the last 10 years, while shifting from a company that generated less than 46% of its revenues from retail stores to one that generates more than 77% of revenues from retail. Following the 2006 acquisition of about 1,200 Albertsons locations, retail revenues increased from $9.6 billion in fiscal 2002 to $28 billion in fiscal 2007. This month the company said it would seek strategic alternatives, including the possible sale of the company or some divisions, as the debt load from the Albertsons acquisition has prevented the company from making needed price investments. One bright spot over the past decade had been the growth of the company’s Save-A-Lot limited assortment banner, which grew from 998 locations in 2002 to 1,332 stores in 2012. Save-A-Lot’s sales in the first quarter of this year totaled nearly $1.3 billion, or 12.2% of total sales.


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Dead By Daylight developer Behavior Interactive has announced that it will be removing a number of cosmetics for its “cannibal” character (inspired by Leatherface from the 1974 Texas Chainsaw Massacre) after black gamers complained they were used for racial harassment were used.
Cosmetics, introduced a few years ago, include a number of unlockable skins for the cannibal that alter the “face” of their victim, which they wear on their head, much like Leatherface’s business card. The skins refer to the original four surviving characters that players could choose from, one of which was a black woman named Claudette.
Black Dead By Daylight players stated that enemy players would frequently target them for harassment while wearing the Claudette cannibal skin.
Dead by Daylight – Resident Evil chapter screenshots
“Members of the community have shared their experiences with people attacking and harassing them while using some of these masks,” Behavior Interactive said in a blog entry. “These reports were disheartening to hear and we absolutely condemn this behavior. We are not comfortable having these masks in the game when they are used as a means of spreading hatred.”
Behavior Interactive rewards players who unlock the skins with 6,000 Iridescent Shards, the in-game currency used to unlock cosmetics.
Black players also brought up that Leatherface players wearing dead black skin were uncomfortably close to wearing blackface. Blackface refers to the act of a non-black person wearing makeup to imitate a black person. The act has historical roots in minstrel shows from the 1830s and throughout the mid-20th century. In modern times, several politicians and public figures have come under fire for wearing blackface make-up in older images.
SistaKaren, a partner of Dead By Daylight, Compiled anecdotes from numerous black content creators to be bothered with Claudette Cannibal’s skin.
A content creator named MiladyConfetti described being harassed by someone who sent 500 bots to her channel to spam the N-word in her chat. MiladyConfetti says she was then given the walkthrough after submitting a support ticket, with neither Behavior Interactive, Steam, or Twitch taking responsibility for the harassment.
“I understand the reporting system. I had to meet this person four more times in the game and he knew who I was and he did the same damn thing over and over,” says MiladyConfetti in the video, visibly shaken. “I had to experience that. Why did it take me four more times to meet this person before something was done?”
The 13 best horror films of 2021


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This November, Californians will get a chance to vote on Proposition 37 — a “right to know” law that would require GMO (genetically modified organism) labeling on food products so that consumers know what food has been genetically altered.
Whatever your opinion is about genetically modified food, it’s hard to argue that the public doesn’t deserve to know whether or not the products they’re consuming have been genetically altered. But that’s exactly what big pesticide companies are spending millions to argue.
The Yes On 37 campaign just released new numbersAi??totaling the spending by big pesticide companies against the measure:
Monsanto just gave an additional $2.89 million to defeatAi??Proposition 37, which would require labeling of genetically engineered foods in California. Monsantoai??i??s total contribution against Proposition 37 now stands at $7.1 million, according to campaign finance disclosureAi??recordsAi??filed with the California Secretary of State. […]
The ai???Big 6ai??? pesticide firms (Monsanto, DuPont, Bayer, Dow, BASF and Syngenta) have contributed $19 million of the $32 million that the No on 37 campaign has raised.
This is a stunning amount of money being spent to make sure Californians aren’t properly informed about the food they eat. But so far this corporate subterfuge campaign is falling short. Polling released earlier this month shows that 67 percent of Californians back Prop. 37.


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|Home: Global Wood||Industry News & Markets|
industry affected by Rubberwood shortages
|The woodworking sector has been affected by the
recent crackdown on illegal foreign labourers by the Government. In the downstream sector
the smaller mills are reportedly more affected with many claiming they do not have the
means to meet the regulatory requirements regarding the hiring of foreign labour. As a
result of the crackdown many mills, particularly in the Klang Valley, are operating at
very low capacity. The larger mills, most of which focus on direct export are not
reporting that the government moves have affected them. However they face onother problem,
the problem of raw material supply.
In the furniture sector, where Rubberwood forms the main raw material, the whole industry is seriously affected as most of the Rubberwood sawmilling is carried out in the plantations by specialist contractors and most of them are now without their foreign workers.
For the past few years the workers in this industry were mainly by the foreigners, particularly from Indonesia. As a result of the new move by the Government to impose severe penalties on illegal foreign labour the Rubberwood sawmilling sector is coming to a standstill. At present the trade is reporting a very acute shortage of Rubberwood sawnwood for the downstream processing sector.
The MDF and particleboard industries are also affected. These two industries normally utilise the small diameter logs and branch wood from the Rubberwood plantations but with less felling and processing they too are facing the problem raw material shortages. The current labour supply situation is quite acute and many people, say the trade, are not fully aware of the serious repercussions of this new move by the Government.
Those in the industry that do not use foreign workers say this crackdown on illegal workers might remove those manufacturers enjoying cheaper labour costs through the hiring of illegal workers and might level the playing field as far a production costs are concerned.
Many in the trade are calling on the authorities to monitor the situation in the industry carefully so as to be fully aware of the effects on all the related industries particularly the situation regarding Rubberwood sawntimber exports and the issue of shortages of raw materials an labour for local industry.
CopyRight 2000-2002 Global Wood Trade Network. All rights reserved


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FunkForm at Rabbits Eat Lettuce
Christmas isn’t even done yet and the Easter treats are already starting to arrive!
Rabbits Eat Lettuce has just announced its first round line-up for its 10th anniversary celebration in 2017, with Open Records’ own FunkForm joining the likes of Format:B, Enrico Sanguiliano, Kolombo, The Funk Hunters, Hermitude and loads more.
Returning to its lush home around 1.5 hours from Byron Bay, Rabbits Eat Lettuce has spent the last decade growing into one of the country’s best-loved boutique festivals and the 2017 edition is shaping up to be the biggest yet.
For full information and tickets, visit rabbitseatlettuce.com.au


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(CNN) - The share price of Samsung Electronics dropped more than 7% in early trading Monday morning as investors had their first opportunity to react to Friday's more than $1 billion decision against the Korean electronics giant by a California jury for infringing on Apple patents.
Samsung dropped 6.3% at the open of South Korea's Kospi index and was down about 7% at noon Seoul time, after dropping as much as 7.7%. The tumble erased $12 billion from the company's market value Monday morning.
Samsung is planning to appeal Friday's decision of a U.S. federal jury which awarded Apple $1.05 billion for copying the look and feel of iPhones and iPad design. The jury rejected Samsung's counterclaims against Apple.
A senior Samsung executive told the Korea Times the decision was "absolutely the worst scenario for us" as he was heading into an emergency meeting at the company's Seoul headquarters on Sunday.
(CNN) - For more than a year, Chris Bayer, a Canadian student, waited tables alongside Chinese migrant workers in a restaurant in Shanghai. While there he received an intimate glimpse of what work life is like for millions in mainland China.
"Nothing was ever really clear," said Bayer, who is now back in Canada. "In the West, people state their mind. In China, there was no sharing of ideas. When it came to new processes, no one ever offered any input. There was no teamwork. People were so afraid of doing something wrong."
Though Bayer's circumstance in China was rare - a foreigner working alongside migrant workers in local eateries is not common - his experience in a Chinese workplace is one that experts say is common.
Whether a restaurant or a massive company, businesses in China revolve around perplexing power structures, where innovative thinking is often stymied, partly by an education system that prioritizes rote memorization over creative thinking, and partly because employees are afraid of offering input that might insult the intelligence of their boss.
(CNN) – A South Korea court ruled that both Apple and Samsung violated each other’s patents, in a case that mimics legal battles between the electronics giants around the world.
The Seoul District Court ruled that Samsung must pay $33,350 for infringing two of the intellectual property rights for Apple’s iPhone and iPad. Apple was found to have infringed Samsung’s Wi-Fi technology, and must pay $22,000 in damages.
The court banned sales in South Korea of Apple’s iPhone 4 and iPad 2, Samsung’s Galaxy SII and Galaxy Nexus smartphones and Galaxy Tab and Galaxy 10.1 tablet computers.
(CNN) – Facebook’s purchase of Instagram hasn’t closed yet, but a cottage industry of online companies is seeking success on the back of Instagram’s popularity. Websites and apps are creating new business models, technology and choices for printing the pictures you take on your mobile phone.
LA-based Instacanvas says it just raised $1.7 million in seed financing. Their website allows you to upload your Instagram photos and print on canvases or acrylic photo glass. Printing costs between $39 and $79, depending on size. And you could even make some money: Instacanvas allows you to sell your photos to other users.
Just days after Apple won favorable back-to-back U.S. court rulings in its legal battle against Korean electronics maker Samsung, the technology giant reached a monetary settlement on Monday to end a long-running legal dispute with a China-based electronics firm.
The Guangdong high court in southern China said that through mediation, Apple agreed to pay Proview US$60 million over ownership of the iPad name in China. In its lawsuit, Proview alleged that it still owned the China rights after its iPad trademark was acquired by the Cupertino, California, company in 2009. FULL POST
(CNN) – Apple isn’t the only global smartphone maker having a good week.
Samsung overtook Apple in the first three months of the year to become the world’s largest smartphone vendor and ended Nokia’s 14-year run as the largest maker of all phone handsets by volume, according to research release Friday by Strategy Analytics.
The South Korean electronics giant reported Friday a record net profit of $4.44 billion in the first quarter, led by strong mobile sales.
(Image credit: Getty Images)
(CNN) – Samsung is predicting a record boost to its profits for the start of 2012, thanks to burgeoning smartphone sales.
The South Korean technology giant expects an operating profit of $5.15 billion for the first three months of the year - almost double the figure it reached a year ago, according to its press release. FULL POST
New York (CNN) – When I interviewed Research in Motion founder Mike Lazaridis two years ago at the launch of the Blackberry Torch, he was convinced the product would revive Blackberry’s fortunes because, “People don’t want to carry around two devices, they just want to carry one.”
He was right about that, but wrong about the device people wanted.
Thursday RIM announced a 23% drop in sales in the fourth quarter. A recent Nielsen survey found only 5% of U.S. consumers buying a new smart phone chose a Blackberry. It is a spectacular fall from grace for a company that pioneered push email and made their devices so indispensible they were nicknamed ‘Crackberrys.’
What happened? FULL POST
Hong Kong, China – After a white knight failed to come to its financial rescue Monday, Japan’s biggest memory chip maker – Elpida – filed for bankruptcy protection.
The company's been running from a $5.5 billion specter of debt, but now lays claim to the unenviable title of being the biggest Japanese manufacturer to file for bankruptcy protection since World War II.
About Business 360
CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.


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Apple has officially announced the third iteration of the Apple TV set-top box. It now supports Full HD 1080p video, unlike its predecessor.
The Apple TV features a slick new interface but it’s not, as some hoped, a version of iOS that’ll let you play games and fire-up iPhone apps from the App Store. The look, however, will be familiar to iOS device users, and the new Apple TV does support third-party apps made for the device.
This is the second-gen version, but they look pretty darn similar
Apple TV is fully connected to iCloud, Apple’s cloud storage solution, which now supports movies. The neat software will suggest movies based on what you’ve watched in the past and – like the previous-gen model – it’s all based on streaming rather than local storage of video files. The cloud is where it’s at, if you haven’t noticed already. Other than watching films, the Apple TV will also act as a neat photo playback device, dragging them out of iCloud.
The new Apple TV costs the same as its predecessor, $99 in the US and – most likely – £99 here. It’ll be available to buy from next week, on 16 March. It’s not quite as exciting as the iPad 3, but plugs-in some of the holes of its predecessor. What do you think? Not enough of a revolution, or a sensible upgrade?


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Parosmia haunts Covid survivors as fruits start smelling like soaps, and coffee like gasoline
Parosmia is one of several COVID-related problems associated with smell and taste.
PNB is expecting reduction in NPAs in next two quarters
"Even though the slippage looks elevated across the banking industry in terms of reta...
Looking to build on traction created by Salman Khan's 'Radhe': Rohit Gupta, Zee
"Radhe is the first in the list of strong movies and original...
Cloud chemists rise
In today's ETtech Morning Dispatch: E-pharmacies witness a huge increase in demand; Indian banks are pulling the plug on cryptocurrencies; and Aarogya Setu app will soon show vaccine status
Expect strong growth momentum in healthcare over next two decades: Sumeet Narang
“India has come of age in many aspects of healthcare and pharmaceuticals and innovation is playing a very big role in valuation in the pharmaceutical industry as well as healthcare. ”
ChrysCap to buy 30% in Corona Remedies for Rs 670 crore
ChrysCap has signed a deal to acquire 20% stake from PE firm Creador, which is an existing investor, and another 10% from promoters, two people aware of the development said. The announcement is due in a couple of days.
Startup salaries swell amid pandemic-induced funding boom
Engineers, data analysts, developers and product managers with three-to-seven years experience are being hired at 50% higher salaries by startups flush with funding.
Unlisted companies attract 97% of FDI in FY20
India attracted a total of Rs 7.06 lakh crore foreign direct investment in FY20. As many as 24,580 firms have raised equity from foreign investors.
Money & relationships: 4 ways parents can deal with teenager's money issues
Here are some of the money problems that can crop up among youngsters and what you can do to tackle these without creating friction.
KreditBee gets $70 million more in Series C funding round
According to a source, KreditBee’s Series C funding round has provided an exit to Chinese investors Xiaomi, Shunwei Capital and Kunlun, which together held nearly 40% stake in the company previously.
Bought for Rs 12.5 cr, sold at Rs 2000 cr; How Zandu scion scaled API business 160 times in 12 years
Nihar Parikh has sold 100% of ZCL, an API co to Advent International riding the industry upswing after turning around a once-sub scale operation.
Upskilling has become a priority for SMEs in 2021: Report
The pandemic brought in some unprecedented changes that impacted several industries across the economy, the MSME sector being one of the worst hit.
Strategic Dialogue: India & Oman to pursue slew of pacts for future-oriented partnership
This was the first high-level official visit from Oman to India since the onset of Covid-19. Both sides expressed satisfaction that despite the Covid-19 pandemic both sides have kept in close touch and sustained momentum in further consolidation of their strategic relationship.
Uniphore co-founder misses his 'champi'; looking forward to a workcation in a Greek village
Ravi Saraogi engages in sports or outdoor activities to remain fit.
Samir Modi chose ‘Lagaan’ for Town Hall meets; lists 5 lessons that managers need in 2021
The MD of Modi Enterprises reviews the year gone by, feels in every problem lies an opportunity.
Covid control improves in Bengaluru; but caution remains
Bengaluru has seen a steep decline in daily Covid cases to 1,500-2,000 cases over the past week from nearly 5,000 a month ago. Yet, with 34,459 active cases, as on October 31, the IT capital accounts for the highest active cases in the country.
India's petrol sales rise 2% on year, diesel decline 7.3%: Industry data
Gasoline sales by state retailers recovered to their level before the coronavirus pandemic for the first time since March, when India imposed curbs to contain it.
Licensing rounds: No takers for hydrocarbon exploration permit
The sixth and seventh licensing rounds, which ran between December and July, attracted no explorer as the pandemic clouded prospects for the oil sector, restricted mobility, and kept oil company executives busy with their operational challenges.


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Tariffs could impact Elkhart County RV industry
RV manufacturers could soon see higher costs for raw materials, and this could impact economic growth in Elkhart County.
The RV industry is a huge part of Elkhart County. Now each business will have to determine how best to react to President Trump signing tariffs on aluminum and steel into law on Thursday.
The RV industry is growing. Industry experts say it's on pace to set shipment records for the second year in a row. Meaning Elkhart is growing too.
"Our economy is booming and we'd kind of like to keep it that way," said Levon Johnson, Greater Elkhart Chamber of Commerce president.
But businesses have only a few weeks to adapt before they could be spending more money on raw materials.
The tariffs signed into law Thursday will increase the prices of aluminum and steel from any country other than Canada or Mexico.
That can have a ripple effect on the entire industry.
"The tariffs themselves could raise the costs of production, which would then potentially raise the cost of the RVs, which could then affect the demand -- you know, whether customers are able to buy them or not," said Kevin Broom, RV Industry Association director of media relations.
The RV industry association says anything that could lower the demand for RVs could slow the industry's growth.
The president of the Greater Elkhart Chamber of Commerce says the impact will vary.
"Every business has to have their own response. Again, if you're just looking at basic economics, then yeah the cost of an RV or a steel building is going to go up because it's costing more now to produce those goods."
But the higher costs could impact other areas as well.
Johnson says some companies are holding off on expanding while they wait and see how these tariffs will unfold. But he trusts business leaders will adjust well to the changes.
"Right now let's wait and see. I don't feel like there's any need to panic. The work is there, there's still demand for the RVs."
Earlier this week representative Jackie Walorski wrote a letter to President Trump about these tariffs.
In it she said one manufacturer had already canceled plans to build a plant in her district because of these tariffs.
They will take effect in 15 days.


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Byron Allen, owner of a TV media group, accuses McDonald’s of having allocated a tiny portion of its advertising budget to media controlled by African Americans, reports La Presse.
According to its calculations, McDonald’s would have spent $ 1.6 billion on TV ads in the United States in 2019, but only 0.31% of that amount on media owned by African Americans.
The owner of the Allen Media / Entertainment Studios group claims that McDonald’s has discriminated against its companies because of contracts based on racial stereotypes.
“McDonald’s takes billions from African American consumers and gives them virtually nothing in return. America’s biggest trade deficit is the trade deficit between white business America and black America, and McDonald’s is guilty of perpetuating this disparity, ”Allen said in a statement.
McDonald’s recently announced plans to increase advertising spending in minority-owned media. These amounts are expected to increase from 2% to 5% of its national advertising budget by 2025.