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Although we believe in Apple (NASDAQ:AAPL) remains a very solid business, but there are increasing signs that it will struggle to outperform the market going forward. There’s no question that Apple’s shareholders have done a great job Over the last decade, it has more than tripled the S&P 500 (spy) will return, but we believe it is unlikely to significantly outperform the S&P 500 over the next decade.
The company already stopped disclosing numbers of devices such as iPhones and Macs a few years ago. Our interpretation is that growth means more and more reliance on raising prices rather than selling more devices. Both strategies can deliver significant revenue growth, but we believe higher prices will not deliver sustained growth given that at some point they start to have a significant impact on unit sales. In other words, consumers only pay that much before switching to another brand.
A big source of growth over the past few years has been its services business, which reached $19.2 billion in revenue and more than 900 million paid subscriptions in the September quarter.recently Financial results announcement Management even noted that it is already the size of a Fortune 50 company in itself and has nearly doubled in the last four years. However, its growth has slowed, with the business only growing around 5% year-over-year. With a negative foreign exchange impact of about 600 basis points, constant currency growth is closer to 11% for him, but even this growth isn’t all that impressive.
Meanwhile, revenues from the previously super-growth segments of wearables, home and accessories grew only about 10% year-over-year. iPad decreased 13% year-over-year. Overall, Apple achieved his $394 billion in revenue in his 2022 fiscal year. This equates to annual growth of approximately 8%, with slightly higher diluted earnings per share of approximately 9%. In addition to relatively disappointing growth, the company has decided not to provide earnings guidance for the next quarter.
The company’s growth has slowed and the wealth of valuations we examine in the analysis below suggests that unless the company can find new disruptive innovations that can move the needle, the company is very likely to underperform the market. I think it’s expensive. Ten years from now.
We don’t think there’s much room to improve Apple’s margins. The company even showed a downward trend in operating margins before the Covid crisis.
Apple ultimately benefited from Covid given that travel, restaurants and other recreational activities were pushed off the agenda and many people decided to spend their discretionary income on new devices such as new iPhones. This revenue increase resulted in operating leverage. This is the main reason why the profit margin improved.
We may experience some operating leverage in the future, but this may be offset by higher component costs and other inflationary effects.
The impact of Covid can be seen very clearly in the earnings graph below, where it is also clear that growth has started to slow down significantly. In terms of flagship products, iPhone growth slowed to just 10% in the most recent quarter, compared to 39% overall growth in 2021.
Growth across the company has slowed significantly, with revenue growth in 2022 below the company’s 10-year average of less than 8%. Apple has had periods of slow growth in the past, but it can be argued that growth has only reignited. , you will have a lot of trouble moving the needle. In terms of inorganic growth, the company has already made a number of acquisitions, averaging around one per month during fiscal 2022.
And while there don’t seem to be any disruptive innovations in the pipeline, with the exception of Apple Car, they’re certainly important enough to contribute to growth in a meaningful way.
Apple Car or “Project Titan”
Our impression of Apple is that of a company that is very talented at delivering incremental innovation. Of course, it also has a history of disruptive innovation, perhaps best exemplified by the iPhone. Still, it’s been a long time since the company introduced an all-new, revolutionary device. rice field.
One potentially disruptive innovation that has caused a lot of hype is the Apple Car, also known as “Project Titan.” If successful, we believe this is the type of innovation that could actually allow Apple to rekindle growth and outpace the market.
Analyst Ming-Chi Kuo said: reputation As for revealing exactly what Apple’s product launch plans are, he said he wouldn’t be surprised if Apple didn’t launch a car after 2028, and it might not even be a competitive product. . that is become clear Apple has so far shown relatively little to show for this effort.
At least Apple has a solid balance sheet that gives it the flexibility it needs to pursue interesting acquisitions and invest heavily in R&D. This is despite the huge amount of capital returned to shareholders through share buybacks.
Apple ended the quarter with $169 billion in cash and securities and $120 billion in total debt. As a result, net cash ended the quarter at $49 billion, and the company continues to progress towards its goal of becoming net cash neutral over time.
If the initial valuation was low enough, Apple’s stock could well outperform the market, even if the company’s growth rate is relatively low. Unfortunately, the current valuation is relatively high, at 19x EV/EBITDA, well above its 10-year average of 12.7x.
The price/earnings ratio tells the same story, currently at around 24x, much more expensive than its 10-year average of around 18.8x. For comparison, 10 years ago stocks could be bought at about half the p/e ratio. Shareholders benefited greatly during the multiple expansions and growth of the company.
Other signs of tighter valuations now include dividend yields that are less than half of their 10-year averages, and net ordinary dividend yields (including dividend and buyback yields) that are below 10-year averages. about 2% below average. average.
Higher valuations may be justified if earnings growth is expected to accelerate. However, analysts have very low expectations for revenue growth over the next few years, as shown in the following table.
I think Apple is a very solid company, certainly with an impressive balance sheet and very good profit margins that mitigate risk. We believe the most important risk for Apple shareholders is a high initial valuation and slower growth, resulting in poor market performance.
There are also significant competitors that should not be completely ignored and can take market share away from the company. In particular, investors should consider Samsung Electronics (OTCPK:SSNLF), and Xiaomi (OTCPK:XIACY).
There are signs that Apple’s growth is slowing. New disruptive innovations will be needed to sustain high growth rates that outpace the market over the next decade. The Apple Car may be one such product, but so far the company doesn’t seem to have much to show for its efforts. In terms of valuations, the stock has traded at higher valuation multiples than it has averaged over the past decade, making it difficult for the company’s stock to sustain a significant market outperformance over the next decade.


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11:45 Reksoft Selected as Nearshore Development Partner by Siemens Switzerland
Siemens Switzerland, the Swiss affiliate of the world’s largest electronics equipment manufacturer Siemens AG, and Reksoft signed the framework agreement on cooperation in individual software development and maintenance projects.
11:36 Euroset buys 19 outlets in St Petersburg
Russia's largest mobile handset retailer Euroset has bought 19 outlets from St. Petersburg-based retailer Telecom Point, Euroset said in a corrected press release Thursday.
11:28 Russia's special economic zones to open in 2007
Six special areas designed to promote Russia's high-tech and industrial development will be largely set up by the end of 2007, a senior official said Thursday.
Business news archive for April' 2006
Business news archive for 2006 year.

domain: news


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Processing Tra fish for export (Source: VNA) Hanoi (VNA) – Vietnam has become one of the three largest white-fleshed fish suppliers for Brazil, with the export value of Tra fish to the market reaching 104.7 million USD in 2017, up 54 percent against 2016. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Brazil – which has annually imported more than 1 billion USD in the value of aquatic products since 2012, is now one of the largest markets of Vietnam's Tra fish . This is a potential market in South America for Vietnam's aquatic products, especially Tra fish, the association said. Statistics from the International Trade Centre showed Brazil ranked 21st globally in importing aquatic products in 2016. Vietnam's exports of aquatic products to Brazil have risen over the past few years but its market share remains limited. The situation is attributable to the fact that Vietnam ese exporters are meeting difficulties in selling their aquatic products in Vietnam's traditional markets such as the US and EU. In the first months of 2018, Brazil was still one of the most important markets of Vietnam's Tra fish. However, processors and exporters said their exports of aquatic products to… Read full this story
- China eyes global economic leadership as U.S. turns inward
- In Vietnam, human hair is big business; demand for hair extensions has exploded over the last decade
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Vietnam eyes stronger export of aquatic products to Brazil have 288 words, post on en.vietnamplus.vn at July 17, 2018. This is cached page on VietMaz. If you want remove this page, please contact us.


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Doctors share list of aphrodisiac foods
HOUSTON (KTRK) -- Here's an option to going out for a valentine's dinner. Cook at home and load the food with aphrodisiacs! In fact, some Baylor researchers have learned how to put up to 10 aphrodisiacs in one dish.
Oysters are famous for being an aphrodisiac. But adding cheese and bacon can make them more potent because they're also aphrodisiacs.
Dr. Dolores Lamb who aptly heads Baylor's Center for Reproductive Medicine showed us more than 100 aphrodisiac foods.
"Things like peppers give endorphin secretions, which are associated with a good feeling," she said.
So Dr. Lamb's researchers, staff and trainees paused their work to create a food with the most lust potential. They marinated vegetables in garlic, cilantro, ginger and peppers -- all said to be aphrodisiacs and put cinnamon on fruit.
"Cinnamon is also an aphrodisiac ingredient," assistant professor Carolina Jorgez said.
A rice cake became a love potent by adding mushrooms, olive oil, and Chinese sausage.
Dr. Lamb's chili was loaded with aphrodisiacs like beans, tomatoes, onions, garlic, chili peppers, cheese and avocados.
Even her salad made us swoon with all the vasodilators in it like: raspberries, strawberries, blackberries, blueberries, and so many more.
"I know first hand that it works," Dr. Lamb said.
More people headed for his shrimp dish. We know chocolate improves mood, but did you know the cheese, egg and vanilla in a flan could increase your lust?
Cupid would have swooned at the mood-altering substances here. But what's it like to eat all these aphrodisiacs at the same time?
"We've had no unwanted side effect reported," Dr. Lamb said.
As with any scientific project, results are important, so when we asked the results of these aphrodisiac lunches we were told more research is needed.
List of aphrodisiac foods:
French onion soup
Intestines and sexual organs of various animals
More aphrodisiac foods
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Andre Sayegh, Chief Executive Officer, First Gulf Bank
In a first move of its kind for the Middle East, Africa & Asia Pacific, leading financial partner of choice First Gulf Bank (FGB) launched the exclusive World Elite MasterCard-Credit Card in the United Arab Emirates. Targeting High Net Worth Individuals (HNI), the card is offered by invitation to select customers.
The credit card comes with a range of unique distinctive privileges. Partnering with world class concierge service, users will enjoy global priceless lifestyle experiences ranging from personalized assistance, access to global luxury experiences, last minute reservations and much more.
The World Elite MasterCard travel Program offers exclusive privileges for over 800 of the world’s top hotels and resorts. The Card also offers complementary unlimited entries with Priority Pass to the world’s largest VIP airport lounge program globally. In addition, cardholders can avail an exclusive VIP airport services at over 450 destinations globally as well as a complimentary Elite Travel Insurance up to USD 2 Million.
Commenting on the latest addition to FGB’s Card portfolio, Andre’ Sayegh, FGB CEO said: “We at FGB strongly believe in continuously upgrading our product portfolio reflecting on the shifting trends in the market to better address customer needs. The World Elite MasterCard- Credit Card launch reinforces our commitment to develop innovative products and solutions as well as to best serve our customers and reward them.”
Eyad Al-Kourdi, vice president and country manager UAE, MasterCard Worldwide added, “The World Elite MasterCard Credit Card is our best in class premium product that opens a world of possibilities for the cardholder. We are confident that this new premium offering by MasterCard will enrich the discerning consumers’ lifestyle with unmatched global service and support. Ten years ago, together with First Gulf Bank we launched the World MasterCard card, and now we’ve achieved another milestone with the introduction of the World Elite MasterCard Credit Card”.


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"Our company came to the St. Petersburg forum to study the investment climate in Russia and to make new contacts. I believe that the projects offered by Russia look very promising. There are plenty of areas one could invest in: agriculture, technology, research, even real estate," he said.
His assessment was echoed by Liang Xinjun, vice chairman and CEO of another major Chinese investment company, Fosun International Limited.
"We've invested several hundreds of billions of dollars in Russia during the last 2-3 years, and our investments remain stable. We invest mostly in healthcare and entertainment – areas that always pay off. We’ve purchased a considerable number of shares and bonds issued by Russian companies, and I consider all of these companies to be commercially viable," he said.
Liang Xinjun also added that his company also intends to take part in developing the tourist infrastructure of Crimea, and to invest in tourism in other regions of Russia like, for example, Lake Baikal.
"There a plenty of sights to see in Russia, and Chinese tourists would gladly visit them," he explained.
Meanwhile, Guo Ping, CEO of Huawei Technologies, said that Russia had been one of the first foreign markets his enterprise had expanded into: in 2017 the company will mark the 20th anniversary of its presence in Russia.
"During these 20 years we’ve made significant progress, both in business and in consumer spheres. And I believe that our presence in the Russian market has also reaped considerable benefits… I hope that Huawei products will contribute to the IT development of Russia," he said.
The St. Petersburg International Economic Forum (SPIEF) is an annual event that invariably draws the attention of major companies across the world. This year the forum was attended by a number of prominent dignitaries, including European Commission President Jean-Claude Juncker, Italian Prime Minister Matteo Renzi and a host of executives from the world's leading companies.


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News.org.au has reported on how Facebook has reinvented how the world views advertising.
Facebook is offering advertisers a new way of measuring success and growth.
It is allowing advertisers to show more ads based on a user’s actions on their Facebook page.
The social network is also expanding its reach in Australia by allowing businesses to share ads with customers and partners on the platform.
Advertisers can now create a Facebook ad and sell it on their own Facebook page, and then the advertiser can also create a separate Facebook ad that they can sell on their site.
They can then link the two ads to a Facebook page or other social network where the ad will be seen by more than 200,000 people.
The change has led to an explosion of ad targeting on Facebook and other platforms, as more businesses seek to target the right customers, says The Australian Financial Review.
But Facebook is also changing the way that advertising works.
The new model will mean Facebook’s ad buyers have to use its data analytics platform, which Facebook is using to create the new ads.
This is not just about how they work, but how they get it to work, says Facebook.
The company is also giving advertisers a much more granular view of how their ads are performing, according to The Australian.
Facebook will now allow advertisers to measure the quality of their ads and then decide whether to include it in their adverts.
Facebook also is working on a new model to help companies target their ads on different platforms.
In its most recent earnings call, Facebook’s chief technology officer Peter Thiel said the new approach will help the company deliver better ads.
But this may not be enough for businesses that are already struggling with the cost of advertising.
“We’re going to be able to do more to help them,” Thiel said.
“What we are seeing is a really rapid change in the way people interact with ads, whether it’s via a social network, or through a mobile app.”


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- Tram Ho
Liu, the CEO of ZhenRobotics, is one of millions of businessmen who are returning to work after the Chinese epidemic gradually became under control.
The top robot model of ZhenRobotics is a 68cm tall six-wheeled robot called RoboPony. This robot, a self-driving car, is like a specialized cart of retailers, hospitals, shopping malls and apartment buildings.
Unlike airlines, hotels, and other industries facing a severe crisis because of the Covid-19 epidemic, Liu said its robot orders have tripled since when an outbreak broke out.
“The epidemic makes people aware of human fragility. Robots can make up for this gap and provide services that people can trust. The level of trust in robots has increased,” Liu said . significantly increased in China “.
Chinese leaders see robots as a lucrative export industry and a way to make up for the shrinking workforce as the population ages.
China has aggressively set up robotics development departments at universities and research institutes. Private developers can also apply for research grants and other incentives. ZhenRobotics is such a company.
ZhenRobotics was founded in 2016 in Beijing. Liu said the company received many incentives for renting an office and a factory, etc.
The company is currently researching many technologies including machine learning, computer vision and automatic navigation. ZhenRobotics currently has a testing center in Zhejiang province and a factory in Shenzhen.
One of the robots of ZhenRobotics is patrolling around the shopping district in Shanghai. It can detect passengers not wearing a mask and remind them to always wear it. It also provides water for hand sanitizing and disease prevention information distribution.
ZhenRobotics also has another robot model called RoboPony. It is currently selected by China’s largest retailer Suning.com to deliver food and other necessities to households during an epidemic.
Demand for e-commerce has skyrocketed since the Chinese government blocked many large cities. This has allowed companies like ZhenRobotics to reach customers and promote more of its robot models.
Even Beijing’s city government has included ZhenRobotics on the list of companies that offer new disease prevention technology.
RoboPony can be controlled via smartphone application. It can carry up to 40kg of cargo and travels at a speed of 10km / h.
After the company shut down during the Lunar New Year in January, Liu returned to work on January 26 and other employees on January 30. All but two of the 50 employees returned on March 10.
Liu is currently planning to promote research on ultraviolet disinfection technology to apply on hygienic robots. The company also plans to produce about 90 robot models in the next 6 weeks.
Refer to Abacusnews
Source : Genk


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Tourism bosses report that resorts, accommodation and attractions across Devon have been bursting at the seams as the sunshine has helped boost the start of the holiday season - and they say that all the signs are good for a repeat of last year's record-breaking Staycation Summer in the county.
Car parks, pub gardens, holiday parks and hotels are all reporting booming visitor numbers - both holidaymakers and locals enjoying day trips during the Bank Holiday weekend and school Easter holidays. Only indoor attraction have been quiet as everybody enjoyed the first prolonged sunny spells of the year.
Sally Everton from Visit Devon and Dick Wood of Devon's Top Attractions both reported that all the early data has been positive. There were fears that last year's record-breaking visitor numbers would dwindle once foreign holiday destinations reopened after the pandemic restrictions. But the tourism leaders say they are now confident that many people who discovered the county last year are returning.
"Brixham in particular is bursting at the seams," Ms Everton said. "We went to our local pub on Good Friday and every table in that beer garden was full. The feeling is 'we are back'. Last summer there was still an air of caution but for the first time in years everybody is happy and relaxed. The self-catering accommodation and hotels are all reporting great bookings - the holiday parks have been absolutely rammed. The traditional B&Bs didn't think they were going to be busy and then the last minute pickups went well because of the good weather.
"The other thing that was realy good was that the attractions said lots of the local people are back out again, exploring what's on our doorstep."
Devon’s Top Attractions members also reported a ‘cracking’ start to the season over the Easter holidays. They also saw good visitor numbers from both locals and holiday makers who have all been out in force.
Spokesman Dick Wood said: "This coupled with the ideal weather has proved a winning combination and perfect too for Easter Egg Hunting! Having spent the last two Easters in lockdown, Devon’s Top Attractions are thrilled to be open without restrictions and busy welcoming happy visitors through their doors
"One of the things we hoped last year was that people who came last year for the Staycation because they couldn't go abroad would come back - and that's what seems to be happening. The good thing about Devon is that it's so big you could come three or four years in a row and still not see everything.
Anne Blackham of Devon's Top Attractions added: "I live near Dawlish and Dawlish Warren and all of the car parks were full over the Easter weekend - even the overflow car park. The data I have had back from all of our attractions has been really encouraging - some of the smaller attractions haven't replied yet and and that usually means that they are too rushed off their feet!"
"As we have enjoyed ‘a Spring Easter’ complete with some decent weather, another holiday season has started and the eagerly awaited 2022 Devon’s Top Attractions guide has landed too. This ever-popular holiday guide is extensively available across Devon and across the UK and can be picked up free in over 3,200 outlets as well as the new accompanying and increasingly popular on-line version too.
"The guide remains a must-have holiday essential for both holiday makers and locals alike who love its useful information, maps, and format, with people enjoying entering the competitions to win the top Golden Tickets prizes and holidays that are up for grabs. The handy guide continues to be both popular and useful and features a full Devon Road Map, Beach Guide and 37 ideas for quality days out at Devon’s top visitor attractions.


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Illustration by Alex Castro / The Verge
Tesla has determined that two of its former workers are responsible for a massive data leak that includes personally identifiable information on over 75,000 employees, TechCrunch reports. According to a filing with the state of Maine’s attorney general office, Tesla’s data privacy officer, Steven Elentukh, reported the breach as “insider wrongdoing,” leaking employee information including social security numbers.
The Maine filing includes a template letter by Elentukh written to send to affected employees in the state. It confirms that Handelsblatt, the German media outlet recipient of 100GB of Tesla’s data, had notified Tesla on May 10th that it had received confidential information.
“The investigation revealed that two former Tesla…


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Finnish Amer Sports Corp. reported a 5 percent increase in third-quarter net profit to EUR38.5 million (US$55 million), but also said its revenue fell slightly, mainly because of lower orders caused by a mild winter.
Net sales in the three months dropped to EUR463 million (US$660 million), from EUR472 million a year earlier, the Finnish company said. Net profit in the same period in 2006 was EUR36.6 million.
It warned that profits would be lower for the full year compared with 2006.
The sport group, whose brands include Wilson, Atomic, Salomon and Precor, cautioned that pre-orders for winter sports equipment were down, although it reported good progress in apparel, Salomon footwear, Precor, Mavic and Suunto.
The company's stock was up 5 percent at EUR17.95 (US$25.59) in early afternoon trading in Helsinki.
"The Amer Sports full-year outlook remains unchanged," the company said. "The mild winter reduced pre-orders for winter sports more than expected and increased the uncertainty of reorders in the latter part of the year. The result for winter sports equipment will be in the red."
During the past decade, Amer Sports has gradually divested noncore assets and bought several sports equipment makers, including California-based Fitness Products International and Sparks, Nevada-based ATEC, a leading maker of baseball and softball pitching machines.
The Helsinki-based company said it employs 6,700 people, down from 6,800 a year ago.
Photos show many anti-Ukrainian and anti-EU slogans that the farmers use in their demonstration. One of the banners attached to a tractor calls on Russian President Vladimir Putin to bring "Ukraine, Brussels and our rulers” to order


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It's that time of year — Christmastime is here! Of course, the holidays are about family and giving, so if you need some lacrosse gift ideas, we have a few from Maverik, which launched its first women's product line this fall.
In addition to some great lacrosse on the field at the 2013 deBeer President's Cup, there was a ton of gear on sale in the largest vendor area the tournament has had yet. Well, just about everything in this year's tournament was bigger than
NEW YORK, NY — Maverik Lacrosse, a leading designer and manufacturer of lacrosse equipment, is proud to present its women's line of equipment and apparel. For the 2014 launch, the design process was dedicated to understanding the nee
Happy Independence Day from ILWomen! Before we fire up the grill for your cookout or head out to catch some rays at the beach or see fireworks tonight, we want to take a minute to thank all the men and women who have served or are currently serving
NEW YORK — Maverik Lacrosse premiered its first-ever line of women's equipment at last weeks’ inaugural Maverik Showtime Girls National Recruiting Spotlight. 140 of the top rising sophomores (Class of 2016) and juniors (Class of
Team USA midfielder Ally Carey kicks off ILWomen's Weapon of Choice series. The former Vanderbilt midfielder will take the field this summer as the U.S. looks to defend its gold medal at the FIL World Cup in Canada. Here, she shares some details
ILWomen and Inside Lacrosse are in the City of Brotherly Love for the US Lacrosse Convention. In addition to live demos and presentations throughout the weekend, the Expo is one of the highlights of this convention, giving fans and players a look at
A stroll outside the meeting rooms at the IWLCA meetings was sensory overload for any lacrosse fan with gear, apparel, uniforms and more to check out.
From recruiting software to hard goods and more, there was plenty to look at in between
LOS ANGELES, CA — Epoch Lacrosse released their 2013 men's Dragonfly lineup a couple weeks ago, and this week they are launching their series of technologically advanced carbon fiber shafts made specifically for women. Epoch places great i
Saturday marked another great day at the US Lacrosse Convention. The Expo hall opened to the public at 10:00 a.m. to a long line of fans waiting to get in and check out the latest gear and apparel making its way into the lacrosse community.
The lacrosse world has made its way to the City of Brotherly Love for the US Lacrosse Convention this weekend and Inside Lacrosse is here taking it all in.
The USL Convention annually features the largest exhibitors area of any convention
Rachel McCarthy was sitting in her 9th-grade biology course at James Bowie High School in Austin, Texas, when she was asked to come up with an idea for the class's required science project. She wasn't feeling all that inspired, faced with ma


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Congratulations to Espresso Supply's Bonavita team for the outstanding press coverage yesterday. Bonavita was on the TODAY show on Thursday in a segment on best kitchen appliances. Epicurious.com editor Nilou Motamed showed the 8-cup Bonavita brewer with thermal carafe and, duly noted, that it brews "the perfect cup". (A fact to which I can attest.)
The category? "Splurge vs. Steal". Bonavita's brewer was cited as a "Great Buy"-- an honor Cook's Illustrated bestowed on them as well as the Specialty Coffee Association.
Next up? We'd love to see Bonavita's own Roger Wittmann show folks how to brew. TODAY Show in his future? Now that would be fun!
Congrats Bonavita and thank you to Nilou and the TODAY Show. Watch the segment here.


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The latest struggling outfit to hit the reset button is vitamin-seller GNC Holdings (GNC) , which will close its 4,400 U.S. stores on Wednesday to overhaul its pricing system. When the stores open their doors Thursday, labels for GNC's protein powders, herbal remedies and nutritional supplements will feature a single price. About 50% of the company's products will be offered at lower prices than before, while a quarter of the prices will be higher. Gone will be the company's generally unpopular Gold Card rewards program, replaced by a new simplified one called My GNC Rewards. The company will also launch a new mobile app. On Dec. 29, the company plans to emerge as the "New GNC."
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.


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Tag Archives: b2b
Since the official launch events on January 30th, we’ve been launching BlackBerry 10 in markets around the world. Early reviews are in and the feedback has been positive, with anticipation growing in the United States – particularly among business users who have long appreciated the features and benefits of the BlackBerry platform. BlackBerry 10 is […]
Guest post from Astrit – Ed. Last week the BlackBerry® 10 Jam World Tour – Enterprise Edition was held in Madrid, Spain. 121 developers took part in some very interesting sessions, demonstrations, and workshops. With these events, Research In Motion® (RIM®) aims to help enterprise developers find out what the BlackBerry® 10 platform has […]
An interview with Mike of the Communication & Collaboration Services group to discuss the new BlackBerry Resource Center.
The Chief Mobility Officer of Spain’s BBVA bank explains how the BlackBerry® solution has helped their company.
Becoming involved with BlackBerry Beta Zone has multiple benefits for Enterprise and B2B users.


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The Kashmir Chamber of Commerce & Industry (KCC&I) has expressed deep concern and disappointment over the erratic power supply in Kashmir Valley. The Chamber has been keenly observing and assessing the situation for the past several months, and has found that the power outages have had a grave impact on industry, trade, business, and households.
The KCC&I has criticized the Kashmir Power Distribution Corporation Limited (KPDCL) for its “unreliable and contradictory policies” in maintaining regular power supply. The Chamber pointed out that the KPDCL had promised uninterrupted power supply after installing smart meters, but this promise has not been fulfilled. In fact, the power supply has been severely erratic for most of the year.
The KCC&I is also concerned about the fact that the KPDCL has failed to stick to its announced power supply schedule. This has further compounded the miseries of consumers. The Chamber has also criticized the KPDCL for resorting to “false propaganda” and hiding behind excuses.
The KCC&I has urged the Lieutenant Governor of Jammu and Kashmir to personally intervene and direct the concerned officials to take measures to ensure regular power supply to consumers, especially during the punishing cold winter months. The Chamber has also pointed out that the erratic power supply is having a negative impact on the tourism sector, as helpless tourists are facing a tough time and becoming bad publicity for Kashmir.
The KCC&I expects the KPDCL to show some responsibility towards the people of Kashmir and take immediate steps to address the power crisis.
NO:KCC&I/PN/11/2023/2494 3rd November , 2023
The Kashmir Chamber of Commerce & Industry (KCC&I) has been keenly observing and assessing the unprecedented erratic power supply occurring in Kashmir valley over the past several months which has been gravely affecting the industry, trade /business of all sorts and the households in general. The Chamber expresses its deep concern and disappointment with the unreliable and contradictory policies of the Kashmir Power Distribution Corporation Limited (KPDCL) being adopted for maintaining regular power supply to the consumers. It is strange that the department while starting the process of installation of smart meters had committed to uninterrupted flawless electric supply to the consumers, which has not proved true on the ground as the power supply has been severely erratic for most of the time during the year. The KPDCL came out with a schedule for electric supply instead of making sure the regular supply. However, astonishingly the KPCDL has miserably failed to stick to the announced schedule also further compounding the miseries of the all type of consumers. It appears the Department is continuously failing in meeting the aspiration of the consumers and is not only hiding behind one or the other excuse but is resorting to a false propaganda. Many weeks ago the KPDCL announced that it had procured power from Uttar Pradesh and was in negotiations for purchasing more from central Grid to ease out of the situation created by the Power shortage. Nothing has happened since then and the Department came out even with a power curtailment before the onset of winter when the power demand is lesser than that of harsh winter months. The KCC&I would, therefore, request the Lt. Governor Saheb to personally intervene , direct concerned officials to take measures in ensuring the power supply to the consumers and alleviate the miseries of the consumers particularly the Industries, Tourism Sector, Industrial Estates, CA stores, shopkeepers and Traders, Senior Citizen, Sick, students, Health, Education on account of non- availability of regular power Supply through the punishing cold winters. It is worth mention that the Government spends crores on tourism promotion as a result of which we receive a large number of tourists thereby contributing to various sectors of economy. The helpless tourists not only face a tough time but become a bad publicity for our tourism due to the prevailing and worsening power crisis. KCCI expects KPDCL shows some responsibility towards the beleaguered population, to say the least.
Fiaz Ahmad Bakshi


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Dining Out Tricks
One of my favorite things to do after a long day at work is to go out to dinner with friends.
I haven’t done it as much lately because it was just getting too expensive. Each time I’d go out, I’d drop at least $40 on food and wine. Often, I’d spend even more than that.
But it’s tough to stay away from restaurants in this city. We have some of the best. Thankfully, the restaurant industry has realized that there are people like me out there who enjoy fine dining but can’t necessarily afford it all the time.
Increasingly, restaurants are offering more deals to draw customers in, said Lynne Breaux, president of the Restaurant Association of Metropolitan Washington. She has noticed more wine specials, prix fixe menus, and happy hours. Many restaurants are also adding appetizers to their menus to cater to people’s desire to spend less on food--and watch their weight.
“One thing about restaurants is they are very adaptable,” she said. “It seems like every day someone comes up with wonderfully creative ideas on ways to dine on a budget and still deliciously.”
You can find out about many of these deals on the restaurants’ Web sites, said Amanda McClements, a food writer and author of Metrocurean.com, which covers the Washington area restaurant industry.
“If there’s a place you want to check out go to their Web site and oftentimes there will be a link to deals and events,” she said. “You’d be surprised.”
If you can eat early, pre-theater menus are a great deal. There are many more out there even at places far away from any theaters, she said. Also consider dining at the bar. Often you can get the same food for less. “If you dine at the bar you can get a fabulous meal,” she said.
Some of the deals McClements has recently come across:
Taberna del Alabardero, a Spanish restaurant downtown, is offering bottles of wine, regularly priced at $55 or above at retail cost until the end of the month.
Oyamel, a Mexican restaurant downtown, recently started an Hora Feliz (Spanish for Happy Hour) from 4:30 to 6:30 p.m. Sunday through Friday. You can get $4 classic margaritas, ponche and selected draft beer. If you get hungry, try the $4 taco specials . Glasses of wine are half off.
Vegetate, a vegetarian restaurant near the Convention Center, has a happy hour from Wednesday to Friday, 6 to 8 p.m. with drink and food specials. But on Tuesday, there is an extended happy hour until 9:30 p.m.
2941 Restaurant in Falls Church will have a Mother’s Day special on May 10: a three-course prix fixe menu for $68 or a six-course tasting menu for $95.
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REITs focused on consumer spending are benefiting from steady incomes among their base, along with new technology that is changing behavior, panelists at REITWorld 2012: NAREIT's Annual Convention for All Things REIT said. Robert Taubman, chairman, CEO and president of Taubman Centers, said that customers are not in fear of losing their jobs. The advent of Internet-based search has benefited the self-storage industry, said Spencer Kirk, chairman and CEO of Extra Space Storage. In the retail sector, the Internet has given multichannel stores a boost, said Daniel Hurwitz, president and CEO of DDR.
Published in Brief:


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Amid tensions between the United States and Iran, which have now been further increased due to Major General Qassim Suleimani’s death, it looks like the politics of it all has spread over to the gaming world — particularly Call of Duty: Modern Warfare and Destiny 2. According to user reports, the servers for both games are beginning to get blocked in Iran.
The information comes from Reddit user hamoun76, who made a post on the Call of Duty: Modern Warfare subreddit page explaining the situation and providing a possible solution to the problem. According to hamoun76’s post, Activision has started to block access to the game’s servers, thus locking Iranian players out of the game. On top of that, they say that getting a refund isn’t possible. Although it’s not clear if Activision is really behind all of this, the company hasn’t issued any statements, nor confirmed the denial of access in Call of Duty: Modern Warfare.
RELATED: Modern Warfare Desperately Needs Map Vetoing
Despite not being able to access the game, there is a solution. As hamoun76 wrote in their post, it is possible to access the servers by using a Virtual Private Network (VPN), although the action will mess up one’s ping and online experience. Another solution is to use mobile data, but as the Reddit user points out, this option may also get shut down in the future.
They end their post by asking Activision why it has decided to block the servers, while adding: “There has been no new laws passed in these last few days, so what gives? Why now suddenly?” Finally, hamoun76 writes that they are from Iran, so everything documented in his post comes as firsthand experience.
Though there are no details of Destiny 2 being blocked in Iran, some news sources, including MP1ST, are reporting it. Recently, player SpeedingCrowd73 took to Bungie’s forums to complain that their IP had been blocked. However, this problem was soon sorted out and it seems like there are no other cases.
This isn’t the first case of politics getting involved in Call of Duty: Modern Warfare. Back when the game came out, many players accused it of Russophobia due to a certain campaign mission referencing a historic event. In the game, the blame is pinned on Russia but, in real life, the event was caused by the United States and its allies. As such, the game suffered from very poor and low user reviews, and both Activision and Infinity Ward were criticized for the decision.
Regardless, it seems highly unlikely that either Activision or Bungie would block their games in Iran. Hopefully things will be cleared up shortly.
Source: Read Full Article


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New checks on imported meat
Meat inspectors have detected remnants of spinal cord in two consignments of beef quarters imported into Eastbourne from Germany and Holland, breaching EU rules.
Spinal cord is on the list of specified risk material (SRM) which, under EU law, must be removed from cattle aged over 12 months immediately after slaughter. EU-wide SRM controls came into force throughout Europe on 1st October last year.
The discovery was made today (1 March) in two consignments of imported beef. Both consignments have been detained by the Meat Hygiene Service and the affected material will be destroyed. They consisted of:
19,212 kgs – 216 quarters – from Fleischverkaufsstelk, Kalkar, Germany. Five quarters were found to contain spinal cord.
18,051 kgs – 188 quarters – from Brada’s Vleeschbedigf B.V., Leevwarden, Netherlands. Seven quarters were found to contain spinal cord.
Certification states that the carcases were under 30 months of age, and therefore abided by the UK rules which prohibits the entry into the food chain of cattle over 30 months of age (the OTM rule).
Suzi Leather, Deputy Chair of the FSA said:
“None of this meat will get anywhere near the food chain and shows the importance of robust inspection systems. Both the MHS and local authorities have been vigilant in ensuring that BSE controls are being enforced.
“We are investigating the abattoirs that are the source of these breaches and will be informing the relevant enforcement authorities to ensure 100% targeting of these abattoirs until we can be sure they are abiding by EU rules.
“There is likely to be an increase in imported meat because of the foot and mouth outbreak and we need to ensure continued consumer protection from potential health risks, particularly those associated with BSE. That is why, earlier today, the FSA issued instructions for increased checks on imported meat. This stepped up action will apply to imported meat as an emergency measure and is a sensible precaution.”
The Food Standards Agency issued instructions last night to local authorities and this morning to the Meat Hygiene Service (MHS) to step up checks on imported meat arriving at licensed meat cutting plants in England, Scotland and Wales.
This action is in anticipation of a possible increase in imported beef because of the current foot and mouth outbreak. Much of the increase is expected to come from countries affected by BSE, particularly those that have experienced a recent drop in demand and a steep fall in prices.
The MHS, an Executive Agency of the Food Standards Agency, is responsible for enforcing meat hygiene regulations and BSE controls in licensed abattoirs and meat cutting plants. It has been instructed by the Agency to review the inspection needs that may arise in meat plants from any increase in imported fresh beef.
MHS staff will check:
- that BSE controls are being applied
- that the meat is properly health marked
- that the accompanying documents are correctly completed
- that any seals on packaging are intact.
German beef will continue to be subject to 100% inspection in licensed cutting plants.
In addition to the instructions to the MHS, local authorities are also being asked to step up their work. In particular, they are being asked to target additional Over Thirty Month and SRM checks in businesses on a risk-assessed basis.
All beaches of SRM controls on imported meat from the EU are reported to the European Commission who have responsbility for ensuring the control measures are enforced. In addition, the breaches are reported to the appropriate government authorities in the relevant countries.
Up to date information on BSE from the FSA is available from www.bsereview.org.uk.
NOTES FOR EDITORS
- It is illegal to sell meat from cattle over the age of 30 months for human consumption.
- Specified Risk Material (SRM) consists of the parts of cattle, sheep and goats that are most closely connected with the central nervous system and therefore most likely to contain BSE. All SRM must be removed and safely destroyed. The SRM Regulations apply throughout the EU. For cattle, they are slightly different for the UK and Portugal because of their histories of BSE.
- The checks made by the Meat Hygiene Service and by local authorities on behalf of the Food Standards Agency are designed to maintain food safety by ensuring that imported beef abides by the regulations relating to human consumption.
- This is the fifth breach of SRM controls on meat imported from Germany detected by the Meat Hygiene Service this year. This is the first breach detected on meat imported from Holland.
- Imports of bovine carcase meat from the Netherlands December 1999 to November 2000 were 8,409 tonnes. Over the same period there were 1,604 tonnes imported from Germany.


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UK: Fast Future, a global foresight business, is to launch its latest programme March 30th to accelerate leadership learning and action in pursuit of a viable future.
The programme will be delivered by Fast Future’s team of global futurists and selected partners. IORMA – The Global Consumer Commerce Centre, is a strategic partner for the event series.
The one week event will include a series of briefings, seminars, workshops, and conferences that have been designed to meet the needs of business leaders, decision makers, and change agents who are tasked with navigating their organisations through future uncertainty.
Sessions will provide critical insights, ideas, practical tools and approaches to explore and respond to disruptive trends and map the possibilities that will shape the operating environment in the next few years.
The agenda will focus on technology disruption, global economic shifts and tensions, and new requirements of competing in a post-Brexit world – all made more complex by the uncertain duration and impact of Covid-19 and the growing urgency to tackle the challenges of climate change.
Fast Future CEO, Rohit Talwar, said: “We created Fast Future’s London Futures Week as a series of events to respond directly to the growing urgency being expressed by our clients and contacts across the business world around the need to future proof their organisations.”
“Many have been telling us recently that they are experiencing the unprecedented coming together of these major drivers of change that demand a different way of thinking and a future-focused approach to defining and delivering strategy. Hence, we have pulled together a series of fast paced briefings, seminars, workshops, and conferences designed to focus people’s thinking, inspire new possibilities, and accelerate the delivery of future focused strategies and change programmes.”
John Andrews, founder and chair of IORMA said: “The events align perfectly with the opportunities and challenges for global Britain following Brexit, and recognise the accelerating global trends concerning the “inevitable evolution” fusion of humanity with technology.”
“We believe Fast Future’s London Futures Week is an ideal fit with our core mission of helping our member organisations transform themselves into truly customer focused businesses in an increasingly customer centric world. The week will provide leaders and change agents with a tremendous array of powerful ideas, practical tools, and robust approaches to define and deliver valuable change in their organisations. When we heard about the purpose and content of this week, we had no hesitation in offering to be a lead partner. It is exactly what our members are looking for.”
Full details of Fast Future’s London Futures week is available here.
Fast Future helps global businesses, governments, and NGOs make sense of the key forces for change and the implications for their organisations through speaking, executive education, research, consulting and publishing.
IORMA is a foresight research organisation concerned with future trends in global consumer commerce and the impacts of evolving disruptive technologies on consumers, business, governments, health and academia.


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This update to Vanillaware's old-school brawler also makes it a cinch to skip the story segments with a new character once you've beaten the game.
This week, PlayStation Plus members get Borderlands 2 free from the Instant Game Collection, along with a smattering of sizable discounts from Sony’s already heavily discounted Holiday Sale.
Dragon's Crown now supports cross-play between its PS3 and Vita versions courtesy of a new patch that's now live, publisher Atlus announced.
Vanillaware's action-RPG brawler Dragon's Crown will gain PlayStation 3 and PlayStation Vita cross-play functionality through an upcoming update, publish Atlus announced.
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The upcoming Castlery showroom at Liat Towers, which is due to open in third quarter this year (Credit: Castlery)
SINGAPORE (EDGEPROP) - Homegrown furniture brand Castlery plans to unveil a new flagship store at Liat Towers in the third quarter. Totalling 24,000 sq ft across two floors, it will be the brand’s largest showroom to date and will feature an enhanced store experience that complements Castlery’s online-to-offline shopping experience. Located in the heart of Orchard Road, Liat Towers is also home to global brands like Hermes, a French luxury fashion house and Swiss luxury watch producer Audemars Piguet.
“Being the first local furniture brand to set up in Liat Towers is a significant and meaningful milestone for us. It is a physical manifestation of our growth ambitions and reflects our unwavering commitment to staying true to our roots, '' says Castlery co-founder Declan Ee.
What had begun as a four-man team in Ubi in 2013 has grown as a digital brand and a disruptor in the traditional furniture business industry. Castlery’s collection of furniture now sits in 300,000 homes globally.
Since joining the Enterprise Singapore’s (EnterpriseSG) scale-up programme in November 2019, Castlery has seen a six-fold increase in revenue, launching stores in up to 50 metropolitan areas in the US and growing operations in Australia.
“Castlery has developed a clear plan to achieve this ambition while maintaining a strong Singapore base,” says Jeffrey Siow, managing director and COO of EnterpriseSG. Currently, international orders account for over 80% of Castlery’s overall revenue.
“The government will identify and partner more companies like Castlery to build the next generation of Singapore Global Enterprises as the next engine of growth for our economy,” adds Siow. As part of its international growth strategy, the brand also plans to hire 100 more personnel over the next year to fill supply chain, marketing and visual merchandising positions.
Check out the latest listings near Liat Towers


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Lady Gaga: false follower on Twitter?
A start-up British declared war on false follower who swells the ranks of the Twitter pages of celebrities such as Lady Gaga, Rihanna and Justin Bieber. The company in question is called People status and is responsible for the creation of software that divides the users of the social network in three categories: false, inactive and good. Of course, the last category, the good is that to which all aspire.
The result of the survey conducted by the company is really impressive. Interviewed by the Observer, the director of People Status, Rob Waller, said:
Only 29% of the followers of Lady Gaga are good.
Of the 28 million-odd followers that follow the pop star on Twitter, a little less than 20 million are fake or inactive. Not better of Manchester United ace Wayne Rooney (only 31% of good follower) and British Prime Minister David Cameron (37% of users well). Of course, the data just mentioned are taken with the tongs as analyze only a small proportion of Twitter users.
However, if the data are confirmed, the VIP should deal with the brands that until recently relied on their power online based on the number of followers. It is not the case of Lady Gaga, but it is known that many celebrities advertise products on Twitter behind lavish compensation. Never have so few words (Twitter allows messages of just 140 characters) were so well paid.
But now the trend may change.
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TAIPEI (Taiwan News) – A Taiwanese investment-seeking delegation secured NT$6 billion (US$0.2 billion) in new investment from the U.S. during a trip to three major U.S. cities from July 29 to August 5, Taiwan's Ministry of Economic Affairs said in a statement on August 5.
The delegation was headed by Taiwan's Deputy Minister of Economic Affairs, Kung Ming-hsin (龔明鑫) and visited New York, Chicago and San Francisco, forging ties and sharing information with businesses relating to semiconductors and Taiwan's 5+2 Industrial Innovation Plan.
During the visit, three U.S. companies signed letters of intent (LOI) with the Ministry of Economic Affairs, pledging to invest a total of NT$6 billion. The LOIs were signed with artificial intelligence (AI) company Graphen, semiconductor company Lam Research, and the world's largest electronic design automation company, Synopsys.
On July 31, Graphen committed to expanding its Taiwan office by establishing a new research and development center, with the view to hire dozens of Taiwanese AI specialists. The move comes after tech giants Amazon, IBM, Microsoft and Yahoo recently announced plans to invest in AI innovation centers in Taiwan.
During the visit, the delegation met with global giants Boeing, Celgene, Gilead, Johnson & Johnson, and Pfizer in a bid to improve collaboration in aerospace, artificial intelligence, biotechnology, and semiconductors.
The delegation also signed a Memorandum of Understanding (MOU) with the Chicago Taiwanese American Professionals association, as well as held four business forums to promote Taiwan as a place for business opportunities and investment. During these events, the delegation encouraged Taiwanese businessmen who live in the U.S. to return home, reported CNA.
The Ministry of Economic Affairs said the delegation learned that Taiwanese businesspeople operating in the U.S. are open to investing in Taiwan, but they want more support from the government to solve a host of investment-related problems in areas like support for the AI industry and land scarcity.


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Luxury goods firm Louis Vuitton in talks to buy trendy British cycling gear firm Rapha
Luxury goods group LVMH is in talks to buy the trendy cyclewear company Rapha as part of a move into the sports and leisure sectors.
Rapha, founded in 2004 by cycling enthusiast Simon Mottram, is known for high-performance gear and premium prices.
The company supplies Team Sky – the professional British cycling team which includes three-time Tour de France winner Chris Froome.
Bespoke: Chris Froome's Tour de France cycling kit is made by Rapha
Its latest accounts for the year to January 31, 2016, show Rapha made a pre-tax profit of £1.1 million on a turnover of £48.8 million.
LVMH, which had a turnover of €35.7billion (£30.4billion) last year, owns more than 70 luxury brands covering everything from fashion and retailing to cosmetics, wines and spirits.
Its best known names include Louis Vuitton, Moet & Chandon, Christian Dior and Bulgari.
The group, majority-owned by its French entrepreneur chairman and chief executive Bernard Arnault, is eyeing opportunities in sports and leisure.
It is also thought to be looking at Italian bike brand Pinarello, which supplies Team Sky.
A source confirmed that LVMH and Rapha were in talks. Both firms declined to comment.
Rapha tells the story of its launch just over a decade ago on its website.
It says: 'Founded by Simon Mottram in London in 2004, Rapha launched with a month-long exhibition in East London’s Old Truman Brewery.
'Entitled Kings of Pain, it showcased six heroes from cycling’s golden era and beyond: Fausto Coppi, Jacques Anquetil, Raymond Poulidor, Tom Simpson, Eddy Merckx and Bernard Hinault.
'These riders perfectly captured the glory and suffering – and style – of road racing and today they, along with many others, continue to provide a source of inspiration for Rapha’s design.'
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Today, Representative Kathy Hochul (NY-26) applauded New York State Commissioner of Agriculture Darrel J. Aubertine's announcement that the threshold for Concentrated Animal Feeding Operations (CAFO) regulations will be raised from 200 cows to 300 cows, providing dairy farmers relief from burdensome regulations. Recently, Rep. Hochul sent a letter to New York Governor Andrew M. Cuomo urging him to take action to help milk producers expand their businesses. The higher threshold, consistent with national standards, will allow dairy farmers to increase milk production, enabling them to fulfill the needs of New York's growing yogurt industry.
"I am pleased that New York State has recognized the need to ease regulations on our dairy farmers at this important time for New York's agricultural community. This adjustment will allow our dairy producers to capitalize on the booming yogurt industry by allowing for expansion without facing additional compliance costs. I look forward to continuing to work with Western New York's dairy farmers and strengthen the region's economy," Rep. Hochul said.
Located in the heart of the 26th District, the Genesee Valley Agri-Business Park will soon be home to Theo Muller Gmbh and PepsiCo's $206 million yogurt manufacturing facility as well as a $20 million dollar Alpina Food yogurt plant.
Rep. Hochul has introduced bipartisan legislation that allows dairy farmers to apply for H-2A visas, which are available for seasonal agricultural producers but not the year-round dairy industry. She also is a member of the House Dairy Caucus.


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Submitted by Steven Floyd
The Exchange Club of Brunswick held its annual Powell McDonald Christmas Bicycle give away. Almost 50 years ago, Powell McDonald started giving bikes away to children in his neighborhood anonymously. Since then, the Exchange Club has given thousands of bikes away plus more than $2 million to help the needy children in Brunswick and surrounding counties.
The money is raised from their rodeo, turkey shoot and the annual fair. This coming year 2021 will be the 70th fair held here in Brunswick.
To learn more about the Exchange Club of Brunswick, visit website www.theexchangeclubofbrunswick.org.
Pictured is the Exchange Club members standing behind the 70 plus bikes given away this year.


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MyBroadband recently conducted its latest South African Fibre Survey, which revealed that there remains a strong demand for fibre-to-the-home (FTTH) in South Africa.
The survey results further showed a decline in ADSL and VDSL connections, with FTTH and fixed-LTE showing strong growth.
The survey was completed by 6,400 South African broadband users. People who completed the survey were typically IT professionals and tech-savvy consumers.
The results are therefore representative of high-end broadband users in South Africa instead of the general population.
- The full results of the survey are available to partner FNOs and ISPs – Please enquire here
Big South African fibre survey results
The fibre survey results show that most tech-savvy consumers and IT professionals have fibre-to-the-home.
Affordability remains the most important consideration, with a large number of FTTH subscribers opting for 10Mbps and 20Mbps connections.
Uncapped packages dominate the fibre-to-the-home market, with over 80% of subscribers opting for uncapped data.
The results showed that affordability, and therefore lower speeds, remain a big consideration for most fibre-to-the-home subscribers.
An interesting finding is that there was a big shift in ISP popularity, with Afrihost surging ahead of other fibre ISPs.
Afrihost’s strong performance may be linked to the launch of its uncapped and unshaped Pure Fibre products a few weeks ago.
Those without fibre
Most people who use ADSL, fixed-LTE, and mobile connections at home indicated that they would love to get access to fibre.
This shows that the demand for fibre remains strong and there are still opportunities to roll out fibre networks in under-served areas.
What is interesting to note is that Telkom is by far the most popular ISP among non-fibre users, but it does not perform nearly as well among fibre users.
This clearly shows that people who move from DSL and fixed-LTE to fibre-to-the-home drop Telkom in preference of another service provider.
The images below provide an overview of the Big South African Fibre Survey results.


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Olivia Breen, a two-time Paralympic world champion for Britain, mentioned she was “speechless” and “gobsmacked” when an official on the English Championships advised her on Sunday that her competitors bottoms had been “too short” and “inappropriate” after she competed in an extended leap occasion.
In a tweet afterward, Breen wrote that she had been sporting these kinds of shorts, designed for competitors, for years and hoped to put on comparable ones when she competes within the Paralympics in Tokyo subsequent month. After the episode, Breen questioned whether or not male athletes could be subjected to the identical scrutiny, becoming a member of an array of feminine athletes talking out towards uniform double requirements that may end up in fines towards ladies.
Breen mentioned that it was extraordinarily sizzling on Sunday and that many male lengthy leap athletes took off their shirts however weren’t approached by any officers. But after her occasion, when Breen was chatting with a teammate, she mentioned an official requested to talk along with her.
“She was just like, ‘I think your briefs are too revealing, and I think you should consider buying a new pair of shorts,’” Breen mentioned. “My first response was, ‘Are you joking?’”
Breen, 24, has cerebral palsy, listening to loss and a few studying difficulties. She has received gold twice on the I.P.C. World Championships — within the T38 lengthy leap in 2017 and the T35-38 100-meter dash relay in 2015 — and bronze within the 4×100-meter relay within the 2012 Paralympic Games.
Breen mentioned light-weight briefs — on this case, Adidas official competitors 2021 briefs, which she later posted a photograph of on-line — gave her a bonus. The bottoms complied with laws, she mentioned, including that she filed a proper grievance to England Athletics, the group operating the competitors.
Since posting in regards to the episode, Breen mentioned she had heard from different feminine athletes who’ve had comparable experiences and mentioned she thought ladies had a proper to really feel snug whereas competing.
“It just made me so angry,” Breen mentioned. “We shouldn’t be told what we can wear and what we can’t wear.”
England Athletics mentioned in a press release that it could examine the matter.
“The well-being of all participants in athletics is of the utmost importance, and everyone should feel comfortable to compete and participate in the sport,” the assertion mentioned.


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GJJ plans assembly plants in India and Brazil
20 December 2012
Chinese hoist manufacturer GJJ (Jing Long Engineering Machinery Co., Ltd) said it is planning to open assembly plants in India and Brazil during 2013 through joint ventures with local partners.
Mr Wang Hua Long, president of GJJ, told AI that the Indian partnership had still to be concluded but that it was GJJ’s intention to be assembling hoists in the country next year.
GJJ has already been active in Brazil for several years with partner Grupo Orguel. Mr Wang said an assembly plant could be opened next year in Belo Horizonte in the state of Minas Gerais.
This factory will provide hoists for Group Orguel and for the wider Latin American market.
GJJ remains China’s largest hoist manufacturers, although is now seeing increased domestic competition from Zoomlion.
Mr Liu Yue Jin, GJJ’s general manager and business partner with Mr Wang, said the slowdown in China’s economy had impacted on sales of its tower cranes, but that sales of hoists will be similar to the 4000 units made in 2011.
He said smaller Chinese hoist manufacturers were facing greater problems, related both to the slowdown and also to changes in hoist regulations, which are designed to limit the use of steel rope hoists.
At Bauma China in October the company showed a wide variety of new hoists, including a four column, 30 t capacity hoist designed for use in factories and mines for transporting heavy equipment.
Also on show was ‘concept’ 2 t hoist powered by battery, with a regenerative system to recharge the batteries when the hoist is lowered. This hoist, which has a maximum speed of 40 m/min, is being developed in particular for Latin American markets where power is not always available on site.


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The Kenyatta International Convention Centre (KICC) is among 11 state corporations the government has lined up for privatisation.
KICC, an iconic landmark is wholly owned by the government and was established by Tourism Act, 2011.
The convention centre boasts of being the leading facility in the meetings industry in East Africa and has held a number of regional and international conferences.
The government indicated that KICC is “required to be incorporated into a limited company.”
Other corporations to be sold are Kenya Literature Bureau, National Oil Corporation, Kenya Seed Company Limited, Mwea Rice Mills, Western Kenya Rice Mills Limited, Kenya Pipeline Company, New Kenya Cooperative Creameries, Kenya Vehicle Manufacturers Limited, Rivatex East Africa Limited and Numerical Machining Complex.
The government revealed that one of the reasons it was selling the Kenya Literature Bureau and KICC was because the two parastatals needed to be incorporated into limited companies.
On the other hand, National Oil Company is being privatised largely because of poor financial performance.
The government is also looking to dispense with the corporation because of negative working capital and low liquidity.


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Xbox Entertainment and the UK's CHannel 4 have teamed up to produce a new drama show in 2015 called Humans, based off the Swedish original series Real Humans.
(Screenshot from the Swedish version, thanks Weekend Notes)
In a press release sent to VG247 today, Channel 4 confirmed that the 8 x 60 show will appear on its channel, and Xbox formats, and that it's being produced by Emmy award-winning production company Kudos, the same team behind The Hour, Utopia, Broadchurch and The Tunnel.
Written by Spooks scribes Sam Vincent and Jonathan Brackley, Humans is set in a parallel universe where society is helped by robotic servants called 'Synths,' that are similar to real humans. The show kicks off with a father of three buying a second hand Synth to ease his workload but finds that the device is hiding a deep secret with 'chilling consequences.'
In a statement, Channel 4 Head of Drama, Piers Wenger says, “In Humans, Sam and Jon have not only crafted an ingenious and imaginative thriller, but they’re also asking big, thought-provoking questions about how we live. I’m thrilled to be working once again with the team at Kudos and to be partnering with Xbox to bring this extraordinary and epic series to the screen. This is the first co-production commission to benefit from Channel 4’s increased investment in drama and reaffirms our commitment to ambitious, highly original drama series.”
President of Microsoft’s Xbox Entertainment Studios, Nancy Tellem added, “Humans not only questions personal relationships, but we loved how this sci-fi show toys with reality and our connection to technology.” She adds “This deal with Channel 4 and Kudos underscores Xbox Entertainment Studios' commitment to programming premium TV series with global partners and creating engaging interactive experiences – and sits alongside other original commissions including a Halo TV series executive produced by Steven Spielberg.”
Filming begins this summer, and the cast has yet to be announced. We'll have more as it comes.


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The Buzz: Jersey Mike's Subs franchisees plan two Fox Cities locations
Jersey Mike’s Subs shop, opening Wednesday in Grand Chute, will be the first of two Jersey Mike’s locations coming to the Fox Cities.
The Grand Chute location opens Wednesday at 149 N. Mall Drive, just south of the Fox River Mall in the same building as Five Guys. It took half of the former World Of Beer space.
The second Jersey Mike’s will be on Calumet Street in Darboy/Buchanan, next to Starbucks in a new multi-tenant building in front of Kohl’s. Work on it will start within six weeks and the opening is slated for early 2021.
“We’re shooting for February in Darboy,” said Chad Bass, franchise owner with Eric Bendickson.
They also own Jersey Mike’s in Ashwaubenon, which Bass says is the company’s “No. 1 non-drive-thru location in the state.” Between existing and coming locations, he said the sub shop has a total of 24 locations in Wisconsin.
Those who know the national sub shop chain are a loyal group.
“I have been waiting for this for years,” said Appleton resident Tammy Wohlrabe. “I used to live in Indiana and it was my go-to sub place. I like that all the food is fresh. They slice the meat and cheese right there in front of you. The bread is fresh.”
Normally, a Jersey Mike’s grand opening would include school tie-in promotions to generate a crowd and raise funds for schools.
“We can’t do that because the schools are all closed, and with social distancing we can’t have a line,” said Bass. “When we opened in Green Bay two years ago, we had 145 people in line.”
Instead, he said they’ll hand out free sub cards to neighboring businesses to promote the shop.
Hiring has been difficult during the pandemic, he said, even though the shop offers an above-minimum wage starting pay of $10 an hour plus about $3 an hour in pooled tips. He has enough staff to open, but will continue to hire.
Info: Online ordering at jerseymikes.com, indoor and outdoor seating and delivery through three restaurant delivery companies. Open 10 a.m.-9 p.m. daily. 920-903-1828


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Government launches crackdown on Chinese imports evading tax
The government has launched a crackdown on Chinese imports from e-commerce platforms that enter India without paying due customs duty and tax. Chinese value fashion retailers have been accused of wrongly marking items as gifts to import them for free.
Chinese value fashion retailers including Shein, Club Factory, and AliExpress have been accused of taking advantage of India’s customs regulations to import clothing for free. In India, gifts valued at under Rs 5,000 ($72.24) do not accrue customs duties. Sources told that businesses are importing items marked as “gift” under the threshold to avoid due tax.
Two sources told ET Bureau that the central government is working to combat this issue and sent letters to tax and customs officers, the post office, and courier companies to ask them to monitor shipments from China. “Up until now, customs department was asked to undertake strict action, now even post office would be asked to scrutinise such purchases,” said one of the sources.
The Department for Promotion of Industry and Internal Trade has also asked authorities in ports across the country to check shipments from China marked as a “gift”. The government has stopped imports through Mumbai and plans to do the same in Chennai and Kolkata, the sources said. The government also recently made it mandatory for Chinese e-commerce firms operating in India to register in India. This could make domestic laws applicable to the businesses.
“Investigations revealed that at its peak anywhere around 200,000 orders were placed every day through Chinese e-commerce platforms in India which escaped any form of taxes, which are otherwise applicable on imports,” another source told ET Bureau. “After a major crackdown, this has now come down to around 120,000 orders per day but that too is high and the government wants that all major ports across India intensify their checks to stop such practices.”
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It may have been the last state to join the Union, but it’s now known for a new first. Hawaii is now the first state to enact a statewide plastic bag ban, and some have projected that other states could follow. While plastic bag bans have already been in place throughout most of the Hawaiian Islands, Oahu has recently joined the others in eliminating non-recycle bags normally made available to consumers at checkouts and grocery counters. There are, however, some exceptions, which include bags for produce, meat, restaurant takeout, and other purposes. Those businesses that don’t comply with ban could face costly consequences.
“The City’s Department of Environmental Services will implement and enforce the island’s ban, and businesses that don’t comply are subject to hefty fines of $100 to $1,000 per day of violation. The ban is being enforced by Hawaii’s four separate County Councils. The plastic bag ban first hit the Hawaiian islands when Maui implemented a ban in 2011, quickly followed by Kauai in the same year, and Hawaii County in 2013.”
Since plastic bag bans have already been in place throughout much of the state, do you think it will have a significant impact on the plastic industry at this point? While many groups have already taken action to express their opposition to these bans and educate the public, how else should plastic manufacturers and suppliers respond to bans like this?