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(Updates CBS Outdoor shares, adds CBS Corp shares, background)
By Jennifer Saba and Tanya Agrawal
March 28 (Reuters) - Shares of CBS Outdoor Americas Inc rose as much as 9 percent in their trading debut, valuing the outdoor advertising company at about $3.7 billion as it pushes for a bigger slice of the ad market and its parent CBS Corp focuses more on content.
CBS Outdoor’s solid debut on Friday contrasted with that of “Candy Crush Saga” game maker King Digital Entertainment Plc earlier this week, suggesting that demand remains strong for shares in stable companies with strong cash flow.
“What the King IPO did is bring back some sanity in how offerings are priced,” said Francis Gaskins, research director at Equities.com. “What investors like are big established companies with high barriers to entry.”
CBS Outdoor’s shares touched a high of $30.46 in morning trading on the New York Stock Exchange after its initial public offering was priced at $28 per share, the top end of the expected price range.
King’s shares fell as much as 16 percent on Wednesday after one of the most hyped initial public offerings the year.
CBS Outdoor has long been seen as an awkward fit for a CBS Corp, owner of the most-watched TV network in the United States.
“This seemed like a very good financial idea to do a transaction that would unlock the value in CBS Outdoor,” CBS Chief Executive Les Moonves told Reuters ahead of the IPO.
“It enables us to get quite a bit of capital to go forward with our desire to increase our profile in the content business,” he said. The IPO raised about $560 million.
CBS Outdoor’s shares were up 6.25 percent at $29.75 in early afternoon trading, while those of CBS Corp, which has a market value of about $36.5 billion, were up 1.6 percent at $62.46.
CBS Outdoors Chief Executive Jeremy Male said he aimed to convince big advertisers to move more of their spending to his company’s billboards and other displays.
U.S. outdoor media represents less than 5 percent of advertising spending, compared with 8 percent in the rest of the world, Male said in an interview.
“The top 50 advertisers only spend 2 percent of revenue on outdoor,” said Male, who joined the company in September after serving as a top executive at JCDecaux SA, the world’s largest outdoor company.
“We see a great opportunity to work hard and develop that advertiser base,” he said.
CBS Outdoor counts Apple Inc, McDonald’s Corp and Sony Corp among its clients.
CBS Outdoor’s offering reduced CBS Corp’s stake in CBS Outdoor to 83 percent. Its holding will drop to about 81 percent if underwriters fully exercise options to buy additional shares.
Goldman Sachs, BofA Merrill Lynch, J.P. Morgan and Morgan Stanley are lead underwriters of the offering.
CBS Corp plans to divest the rest of shares through a tax-free splitoff later this year, after which CBS Outdoor will trade as a tax-efficient real estate investment trust (REIT).
CBS Outdoor has about 329,100 displays in the United States - many in desirable locations such as the Bay Bridge in San Francisco and Grand Central Station in New York - and about 26,100 displays across Canada and Latin America.
Male said CBS Outdoor would invest to make more of its displays digital. About 1.5 percent are in digital format now.
Outdoor advertising companies have been converting their traditional billboards to digital billboards as this allows them to run multiple ads on each display.
“If you are looking for cover and frequency on a particular demographic, people’s travel patterns are repetitive,” Male said. “It’s a great argument for greater efficiency for advertising dollars.”
CBS Outdoor’s competitors include Clear Channel Outdoor Holdings Inc and Lamar Advertising Co.
CBS Outdoor reported revenue of $1.3 billion and net income of $143.5 million for 2013. The company had about 19,700 clients in the United States at the end of the year. (Editing by Bernard Orr, Savio D‘Souza and Ted Kerr)


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Virgin is already into EV racing. Will they go into the passenger car EV business? “You never know,” Sir Richard says.
Virgin Galactic’s SpaceShipTwo was destroyed at launch this morning — details on the event still to come.
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domain: news


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Hyundai Motor to acquire the US robotics firm Boston Dynamics. from SoftBank Group for $921 million and will finalize the acquisition 10 Dec.
purchased US robotics firm Boston Dynamics from SoftBank Group for $ 921. The
automotive giant plans to invest heavily in robot technologies in the coming
South Korean automobile company Hyundai Motor acquired Boston Dynamics , an American robot manufacturer operating under SoftBank .
According to the news served by The Korea Economic Daily, a prestigious Korean press, the deal worth $ 921 million (1 trillion won) will be completed on December 10, today.
Boston Dynamics was the first acquisition move led by Chung Eui-sun , Hyundai Motor's new president . The new boss took office last October .
Boston will become third owner of Dynamics
Robotics will be one of Hyundai's top priorities for years to come, along with electric and hydrogen-powered cars . The company plans to invest $ 1.4 billion in this sector by 2025 .
In the meantime , let us remind you that Hyundai Motor will be the third owner of Boston Dynamics . The company was founded in 1992. It was acquired by the search giant Google in 2014 . The robot manufacturer was sold to the Japanese holding SoftBank in 2017 .


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The inflation rate in Germany decreased to 2.5% in February compared to the previous year, signaling a slowdown in the country’s increasing consumer prices.
Continuing its downward trend, inflation in Germany dropped to an annual rate of 2.5% in February, down from 2.9% in January and 3.7% in the previous month.
The official data released by the German Federal Statistical Office on Tuesday confirmed these figures, marking the lowest price increase rate in the country since June 2021, when inflation was at 2.4%.
Ruth Brand, president of the Federal Statistical Office, stated, “The pricing of energy products continues to show a decline. The rise in food costs has significantly slowed down and is now under the overall inflation rate for the first time in over two years.”
The decrease in energy costs played a major role in the February inflation rate, with energy prices in general being 2.4% lower compared to the same period last year.
This trend is more noticeable for household energy expenses, which dropped by 3.6% in February this year when compared to last year – despite the implementation of a higher carbon tax at the start of 2022.
In contrast, food prices rose last month, especially for bread, grains, and notably oils, with prices of olive oil soaring by 50.8% compared to February 2021.
Despite this, the reduced prices of other frequently consumed food items such as dairy products (-5.1%) and fresh vegetables (-10.6%) helped keep food prices fairly balanced in February’s overall Consumer Price Index (CPI).
Germany’s inflation rate has now returned to levels seen in mid-2021, bringing hope that the worst of the cost of living crisis may have passed – when the CPI peaked at 8.8% in late 2022.
The cooling inflation in Germany aligns with a similar trend in some other European countries. Despite this positive outlook, the European Central Bank chose to proceed cautiously earlier this month, maintaining its benchmark interest rates at 4.5%, in line with market projections.
Source : www.euronews.com


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Spanish fashion brand Stradivarius, belonging to the Inditex Group, has expanded into a bigger boutique in The Dubai Mall. Spanning 4,500 sqft on the first floor of the mall, it will be the brand’s flagship store in the UAE.
In addition to The Dubai Mall boutique, Stradivarius also has sister outlets in Mall of the Emirates, Dubai Marina Mall, City Centres Deira & Mirdif and Yas Mall in Abu Dhabi.
The 25-year-old brand has evolved over the decades and now caters to a modern millennial demographic. Its designs pay homage to a stylish blend of progressive design and vintage nostalgia. Serving up fresh and fashionable pieces, Stradivarius’ products are always on trend with an ethereal touch of fantasy.
Its racks boast bursts of vibrancy, quirk and personality. With the aim of maintaining its unique essence, Stradivarius stores use materials such as natural wood in contrast with white and cement elements. Vegetation and light become very important in this concept, as it gives a feeling of freshness, clarity and dynamism. The LED illumination follows the eco-efficient criteria of the group.
J Lindeberg was started by Johan Lindeberg in 1990s with the aimSeptember 2, 2022 | By RetailME Bureau
Majid Al Futtaim has made significant strides toward environmental, social, and corporateJuly 5, 2022 | By RetailME Bureau
Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon
UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness
Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in
Plant-based meat brand Beyond Meat’s financial results for the third quarter of
UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire
UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of
Carrefour, owned and operated by Majid Al Futtaim – Retail in the
Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in
The Valrhona journey began 100 years ago with a cocoa bean. Since
Deliveroo UAE has announced the expansion of its rapid grocery delivery service
The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE
Australian active & lounge wear brand for women Cotton On: BODY, which
In partnership with AZADEA Group Flying Tiger Copenhagen has opened a new
The fashion industry is responsible for up to 10% of global carbon
A brand that’s discerning about local habits, attentive to global trends; a
Middle East’s value fashion and homeware brand REDTAG has launched its flagship
Innerwear brand Jockey is planning to open 10 exclusive brand stores in
Fashion brand LC WAIKIKI, part of Apparel Group, has opened its 8th
Fashion brand Forever 21 expanded its footprint in the region with the
While announcing its Q3 2022 financial results American retailer GAP Inc with
The Saudi Sports for All Federation (SFA) has recently signed a Memorandum
The Dubai Festivals and Retail Establishment (DFRE) has unveiled an exciting line-up
adidas is set to turn up the football fever in the UAE


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- Successful spin-out from Huawei will go public as next step in its development
- No date or exchange details provided but it will be in China
- Ostensibly independent but strong links to the state are intact
Shenzhen, China-based smartphone vendor Honor has announced that it will work towards an IPO (initial public offering) and float shares on a public exchange in China to fund further expansion. It did not identify a particular exchange (there are three in China) or share a proposed timetable, but the announcement came three years to the month after the company was spun-out from Huawei Technologies (November 2020) and thus just in time to meet the pledge, made at the time, that if all went well, it would float in 2023.
In a recent statement, the company said its “market position has improved greatly” since its foundation and that “an IPO would be the next step in Honor’s continuing development.” In the same announcement, Wu Hui, who until last month had been the chairman of the Shenzhen Water and Environment Group, was named as Honor’s new chairman.
Honor has become a success very quickly and commanded a market-leading 19.3% of the Chinese smartphone market in the third quarter of this year, when it sold 11.8 million devices in China, according to IDC. It was the second-biggest handset manufacturer in China last year and the fifth-largest mobile handset brand in terms of sales in Europe in the third quarter of this year.
Honor was first established in 2013 as a sub-brand of Huawei but in 2020, as US “Entity List” sanctions hit Huawei hard, Honor was spun out as a separate company and that meant the business could continue to trade with US companies, such as Google and Qualcomm, and could continue to build a business overseas. In November 2020, we reported that Honor handsets “are high-tech, stylish, packed with features, comparatively inexpensive and globally popular (particularly with teenagers and the 18 to 30 years-old demographic)”. In general, they still are, but these days the top-of-the-range models cost well over £1,300.
We also reported three years ago that “Huawei's decision to hive-off Honor should be viewed through the lens of the Communist Party’s Made in China 2025 programme, which has been given additional impetus by the restrictions imposed on Huawei by the US, the UK and other countries. The intent is to move the PRC from its current position and role as ‘the world’s factory’ and to accelerate, enhance and modernise the production of high technology in strategic sectors, such as aerospace, biotech, IT, pharmaceuticals, robotics, semiconductors, smart manufacturing and smart cities and telecoms and to achieve independence from foreign suppliers. The goal is to boost the Chinese-domestic content of core technologies to a minimum of 70% by 2025 and the government has allocated a budget of $1.7tn to the project.”
We added: “It would be well to remember the words of Colin Powell, the US army general who was Secretary of State from 2001 to 2005 who said, ‘Leaders honor their core values but tend to be flexible in how they execute them’.”
It’s still worth bearing that in mind. When it was spun out from Huawei, Honor was acquired by Shenzhen Zhixin New Information Technology Co Ltd, a Chinese state-backed conglomerate made up of 30 companies and entities comprising, in part, the government of Shenzhen (Shenzhen was established as China’s first special economic zone back in 1980), Digital China (the largest integrated IT service provider in China and the main distributor of Honor phones), TCL Technology (a multinational electronics conglomerate) and Xiaomi (after Samsung of Korea, Xiaomi is the second-largest manufacturer of smartphones in the world). The all-cash deal was said to be worth US$15bn. Honor may no longer be part of Huawei but its links to the political powers in Beijing remain strong.
Rival to Apple and Samsung at the top-end of the handset market
There is great support in China for a company with the heft, wherewithal and aggression to be a really serious rival to Apple and Samsung at the top of the global handset value tree. It seems that Honor could be setting itself up to be just that. At first, analysts speculated that Honor might try to get back into the limelight by going for an IPO via a reverse takeover of an already public company but, apparently, it has decided to make a full-frontal assault. As an Honor statement puts it, “In order to meet new strategic goals, Honor will continue to optimise its shareholding structure, attract diversified capital, and enter into the capital market through initial public offering.
Honour is a big fish in the Chinese handset market but a comparative minnow elsewhere in the world and it wants to fatten itself by eating its rival’s breakfasts in other markets. It has started by staking a claim to be a world leader in folding-screen technology and, in March, introduced the Honor Magic V2, which by Q3 this year had become the top-selling device in China’s foldable mobile phone space, achieving a market share of 25%. Based on that success, Honor’s shipments of its Magic high-end series increased by 107.5% year on year and 20% month on month.
The cumulative year-on-year growth of the Magic high-end series from the first to the third quarter this year was 30%. An impressive figure, but it is far too early to tell if folding-screen devices (that come with the inherent possibility of being easily damaged in real-world daily usage and then expensive to repair) will ever become consumer favourites, and any company relying solely on a gimmicky handset could easily find themselves trapped in a technological and marketing cul-de-sac. Honor has no intention of doing that, of course, hence the development and availability of other non-folding handsets, such as the Honor Magic 5 Pro, the mid-range Honor 90 and the Honor Magic 5 Lite.
In a post on Weibo, the Chinese blogging platform, Honor’s CEO Zhao Ming, who also wrote this blog to celebrate the company’s third anniversary, waxed lyrical to the point of grandiosity on the company’s plans. He wrote, “We are firmly committed to the development direction of globalisation. Europe is our highland. Building the Honor high-end brand in Europe is the direction of our unswerving investment. China’s glory is not enough, we want to build the world’s glory." OK, OK we get it.
Then he got into eulogising about a physical impossibility, writing, “The world is a big place. Let us run together with our dreams, keep our feet on the ground, and walk out of a vast sea and sky for our unrestricted life!” It probably lost something in translation but I’ll buy a pint and a pork pie for the first person to prove to TelecomTV, in a video, that they have managed to achieve that particular feat.
- Martyn Warwick, Editor in Chief, TelecomTV
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Shares of Transcontinental (TCL.A) gained almost 8% on Wednesday after the company reported a strong rise in second-quarter profits. The Montreal-based commercial printing, packaging, and specialty media company said it expects to see growth recovery in printing volume in Fiscal 2021.
In the second quarter, Transcontinental experienced a return to growth and a significant increase in profitability in the printing sector, as well as a robust performance in the packaging and media sectors.
Net income attributable to shareholders came in at C$35.6 million (C$0.41 per share) in Q2 2021, up 38.5% from C$25.7 million (C$0.30 per share) in Q2 2020.
On an adjusted basis, net income amounted to C$47.8 million (C$0.55 per share) in the quarter ended April 25, compared to C$43.6 million (C$0.50 per share) in the prior-year quarter.
On the other hand, revenues decreased 0.3% from C$625.1 million in Q2 2020 to C$623.3 million in Q2 2021.
Transcontinental President and CEO François Olivier said, “We continued to generate very good results, with solid performance in our three sectors and a return to growth in our printing sector.”
He added that the company has the momentum and capacity to pursue its growth objectives given its performance and solid financial position. (See Transcontinental stock analysis on TipRanks)
On Tuesday, RBC analyst Drew Mcreynolds kept a Hold rating on TCL.A with a C$26.00 price target. This implies 7.5% upside potential.
Consensus among analysts is that TCL.A is a Moderate Buy based on 2 Buys. The TCL.A average analyst price target of C$25.50 implies 5.4% upside potential to current levels. Shares have jumped approximately 20% year-to-date.
Dollarama Q1 Sales Rise 13%, Misses Estimates; Shares Fall More Than 3%
Lightspeed to Acquire Two E-Commerce Platforms for $925 M; Street Says Buy
BRP Posts $244M Profit in Q1, Raises Full-Year Guidance; Shares Down 2%


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Peter Burke joins Cybage board
Burke has published research papers in the field of AI and Production Scheduling, is an expert in IP-Video Systems, Big Data Infrastructure and Cybersecurity.
Startup founders who scored big exits are rebounding with a second venture
While one in 10 investments thrive, investors hope signing up with...
Modern thinking, old wisdom made us the Startup Capital: BS Yediyurappa, Karnataka CM
The state is moving towards becoming an innovation hub,...
Reliance-backed Haptik acquires conversational commerce platform Buzzo.ai
Buzzo.ai joins Reliance Jio-backed Haptik to address the $80 billion voice commerce market for enterprises globally
Microsoft to mentor startups in tier 2 cities in India
Organised in collaboration with the Industries Commissionerate and Gujarat's Industrial Extension Bureau (iNDEXTb), more than 250 startups attended the first such event.
Lessons to learn from Masayoshi Son's latest sermon
The shift in Son's approach may have valuable lessons for Indian companies like Paytm, Ola and OYO which plan to launch their initial public offering (IPO) sometime in the near future.
Govt tells institutes to use 1% of budget for supporting startups
The institutes can also take 2% to 9.5% equity/stake in the company based on the support provided.
Business coach Rajiv Talreja says success is based on pure science
The Business Growth Summit will show you how to take control of your future.
Growth not my baby, says the RBI
So, if the RBI feels it is helpless to do anything much to boost growth, can nothing be done?
Hire people smarter than you, LQ is important: Quotes by Jack Ma to help you navigate biz, life
As the tech boss turned 55, he stepped down from the e-commerce giant he founded.
PM moots "Einstein Challenge" in tribute to Mahatma Gandhi In NYT op-ed
The op-ed ends with a call to the world to work shoulder to shoulder to end hate, violence and suffering.
Kerala to set up India's first trade centre for women
The first phase of iWTC, being executed under the gender park’s “Vision 2020”, is scheduled to be completed by 2021.
Matrubharti raised Rs 3.24 crore in Angel fund round
Matrubharti will deploy the fund to add content in three South Indian languages, besides building stronger Technology and Data Intelligence on its Platform.
Lufthansa Startup Expo to take place on September 28, to have 'funding festival'
In 2018, the Expo brought together 200 mentors, 100 partners and 75 investors, along with 20,000 participants and 500 startup exhibitors.
Ministry of MSME has earmarked Rs 9000 cr to set up 150 technology centers across India
The dignitaries were speaking at the CII Conference on Quality Manufacturing: Aspiring for Global Competence.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service


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Sir Tim Berners-Lee, one of the founding fathers of the internet, has revealed that he has been the victim of online fraud whilst trying to buy a Christmas gift.
Sir Tim, who first published the idea of creating the web as an easy means of sharing electronic data 20 years ago this month, revealed to the Daily Telegraph that he had been conned when trying to buy a Christmas present. It was only when the item didn’t arrive that he realised that he had been conned.
The scam came to light as Sir Tim was preparing to speak at the Web Science 09 event, where he is expected to express concerns over online security.
“The worst thing that has happened to me was when I tried to buy a Christmas present from a company that looked like a bona fide company on the internet and then actually they were a completely fake company,” he told the Telegraph. “I think I am yet to get the money back, but it wasn’t a lot.
“The moment I called the 0800 number listed on the website, there was a very polite message saying this number is available if you would like to use it, so a little bit of due diligence on my part would have revealed it wasn’t what it was set up to be.”
Sir Tim said he felt that international agreements were needed to ensure that those involved in online crime didn’t escape punishment.
He said: “There have been many positive things about the web, but there are also some nasty things out there too. You can find out how to cure diseases, but you can also find out how to make bombs.
“Sometimes we need new laws, but in other cases we need to realise that old laws can still be applied to the web.
“We need to tackle issues of enforcement instead, as the laws on fraud, for example, already exist but is hard to find and catch the people responsible.”
He added: “There is a lot of malicious traffic that is viruses talking to each other. When a virus infects somebody’s machine they make programmes that send out emails, which are the bane of the internet and is responsible for much of the spam.
“I personally feel that if you have systems that allow you to isolate the infected systems and cut them off until they have been disinfected, it would be a way of preserving service for everyone else.
“It would reduce the amount of spam by a huge amount and making the internet a place where viruses don’t thrive.”


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This weekend on New York NOW: Niagara Falls needs help
Niagara Falls attracts more than 8 million people every year, making it the most visited state park in the country.
But despite its draw to tourists, downtown Niagara Falls is filled with vacant store fronts and empty streets.
This weekend on New York NOW, we'll explore what local officials are doing to try to revitalize one of the country's most beloved destinations.
The Innovation Trail's Buffalo reporter, Daniel Robison of WNED, also weighs in for the show. He'll talk about why the city is perceived by some as "desperate."
Here's a quick preview:


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With Pokémon OCG’s upcoming Sky Stream and Towering Perfection dual set launching in a little over a week, new leaks have revealed that some new Pokémon will be appearing for the first time.
In a post to Pokémon forum Pokebeach, a Traditional Chinese version of the Regidrago card was shared that will reportedly be a part of the Towering Perfection set. The basic card boasts 130HP and two attacks.
Hammer In, deals 30 damage, while Dragon Energy, which can deal up to 240 damage, will be reduced by 20 for each damage counter present on the Pokémon when used.
The reveal of this Dragon-type Legendary Pokémon came just two days after another Regi variant, Regieleki was revealed to be joining the Sky Stream side of this dual set.
Both these cards will be joining the Pokémon OCG for the first time after being introduced into the franchise through the Sword and Shield DLC pack, The Crown Tundra. In the Switch games, both Regidrago and Regieleki can be found in the Split-Decision Ruins. As the name plainly implies, players can only pick one of them to capture.
Other cards that will be a part of the upcoming OCG set include Suicune and Kyurem, who will both receive V variants, the three Galaraian legendary birds Moltres, Articuno, and Zapdos in their base card forms, and V and Vmax forms for Rayquaza.
Sky Stream and Towering Perfection will launch in Japan on July 9, with the English translations of these cards joining the Evolving Skies set that will launch in the West during August.


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KEO Marketing, President Sheila Kloefkorn Receives “Spotlight on Success” Award for Commitment to Diversity
Phoenix online marketing company, KEO Marketing, announces President Sheila Kloefkorn has been selected by ONE Community to receive its “Spotlight on Success” award. A special luncheon will be held to present the award on Thursday, October 20 from 11:00 a.m. to 1:30 p.m. The event will take place at The Wyndham Downtown hotel located at 50 East Adams Street in Phoenix.
ONE Community is an interactive web and events community for gay, lesbian and allied individuals and businesses. Coinciding with LGBT History Month, the “Spotlight on Success” awards event will celebrate twelve members selected by the organization for their commitment to diversity.
“We are proud to honor Sheila Kloefkorn for her personal commitment to the LGBT community,” said Angela Hughey, president of ONE Community. “By providing opportunities and becoming heavily engaged, Sheila contributes to a stronger LGBT community and one with a brighter future.”
“ONE Community has been an instrumental force for LGBT information and events,” said Sheila Kloefkorn, president, KEO Marketing. “Our continued partnership helps tackle quality of life issues for many individuals. I am honored and grateful to be recognized for this important work.”
Sponsors for the event include: Blue Cross Blue Shield of Arizona, Cox Media, State Farm Insurance, Verizon Wireless, Southwest Airlines, PTS Multimedia, Camelback Volkswagen, Mazda and Subaru, Richter-Scale Productions, OpenSpark Technology, Echo Magazine and Nationwide Insurance.
For more information about internet marketing solutions, contact KEO Marketing.
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With more than 25 years of hands on marketing strategy and operations experience, Sheila Kloefkorn is dedicated to developing marketing strategies and plans that help clients succeed. Some of the world's largest brands have depended on Sheila for marketing programs that delivered tangible and substantial results. Specialties: B2B marketing, lead generation, lead nurturing, sales strategy, marketing strategy, competitive marketing strategy, social media, search engine optimization (SEO), search engine marketing (SEM), mobile marketing, email marketing, website design, marketing plans.


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Generous customers and staff at a superstore have helped to raise an amazing £26,000 for good causes in the last 12
This year alone, Asda in Bishopbriggs has raised thousands for its main charities - £6,000 for Cash for Kids and £4,000 for the Tickled Pink campaign , which benefits breast cancer charities.
Staff have taken part in a ‘Colleagues Knockout’ event and braved having their legs waxed, while managers took
on a cycle and mountain challenge.
Meanwhile, customers have dug deep to give to charities and groups who have collected donations in store and carried out bag packing.
Just some of those to benefit include Marie Curie Cancer Care, Macmillan Cancer Support, RNIB, Lenzie Football Club, Girl Guides and Creative Care.
Lorraine MacDonald, the community life champion at Asda Bishopbriggs, said: “It’s amazing to have raised this amount. I wouldn’t have thought in a million years we would reach this total, as we know how hard it is for people right now.
“By putting a penny or two in a bucket, it does add up.
“We are so grateful to our customers and a big thanks goes to them. We really appreciate all their help. And all the money goes to local good causes.”
Asda also runs a ‘Green Token’ scheme whereby customers nominate which charity or good cause money should go to.
In addition to fundraising, Lorraine also spends six hours a week in the community and has recently been helping the Seagull Trust as well as doing healthy eating sessions with schools.
The store also has a community room, which it offers to groups free of charge with tea, coffee and biscuits
Meanwhile, Asda is currently running its Give a Gift at Christmas appeal to support local charities nominated by
customers. The charities are Cash for Kids, Trussel Trust and Action for Children.
* Have you got a story, picture or comment? E-mail email@example.com
Or you can log in below and have you say on the site...


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Warren-based TI Automotive Ltd. has changed the leadership of its fluid-carrying division and is moving its headquarters of the division to Germany.
Joachim Burkhardt, formerly managing director of the fluid-carrying division in Europe, is the new global president of the unit. He replaces Rich Kolpasky, who plans to leave for personal reasons, the company said in a release today.
The unit's headquarters will move to Heidelberg, Germany, from Detroit. Burkhardt is a native of Germany who joined TI Automotive in 1994 from Robert Bosch GmbH.
TI Automotive generates about 75 percent of sales outside North America.
"Shifting the global headquarters of our fluid-carrying systems business to Europe will help integrate our global product and process design-and-development activities," TI CEO Bill Kozyra said in a statement. Kozyra recently joined the company after heading Continental AG's North American unit.
TI Automotive also promoted Brian Lindsay to COO for business operations in North America.
Steve Beckman has been promoted to vice president of all North American operations from vice president of North American fuel systems.
TI Automotive, of Oxford, England, makes fuel tanks and fluid lines for vehicles.
The company ranks No. 68 on the Automotive News list of the top 100 global suppliers with estimated worldwide original-equipment automotive parts sales of $2.63 billion in fiscal 2007.
From Automotive News


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Dulcie Freymoyer of Reading Bakery Systems (RBS), one of the world’s leading manufacturers of snack production systems, has been promoted to vice president, marketing, effective immediately.
Freymoyer served as marketing director for nearly two years at RBS prior to her promotion to vice president. Prior to her position as marketing director, she served as marketing manager at RBS for seven years, after being hired as a marketing assistant at RBS in 2004.
“Since Dulcie joined RBS, she has assumed ever greater responsibilities in our marketing operation,” said David A. Kuipers, senior vice president, sales and marketing at RBS. “As the company has grown, marketing activities have increased, and Dulcie has demonstrated repeatedly that she has the resources to manage this growth.”
Among Freymoyer’s responsibilities are trade show exhibits, advertising, website development, promotional video production, collateral production, social media planning, product photography and technical content. As vice president, she will continue managing her existing responsibilities, while serving as the marketing point of contact for RBS’ sister companies in the Markel Food Group.
“Dulcie has become an integral and trusted part of the management team as we have grown,” Kuipers said. “We look forward to her marketing leadership as RBS continues to grow.”


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The St. Louis Metropolitan Taxicab Commission has filed suit against Uber Technologies and is seeking a restraining order to bar the ride-hailing company from operating in the city and in St. Louis county.
The lawsuit was filed on Monday in St. Louis County Circuit Court and came after Uber launched its UberX service last month in defiance of taxicab commission regulations. The MTC alleges UberX has been operating illegally since Sept. 18, since Uber drivers have not obtained MTC commercial driver’s licenses, putting “the general public in the City of St. Louis and St. Louis County at an immediate risk of harm.”
“We’re not surprised the MTC is yet again trying to stifle competition and deny people the transportation choices they have in other cities. Their anti-competitive conduct is not only wrong – it’s illegal,” Sagar Shah, general manager for Uber in St. Louis, said in a statement.
A hearing is scheduled for Oct. 13 before Judge Tom DePriest.


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Most email is now opened on mobile devices these days. However a new study shows that we are frustrated by the poor formatting of emails on mobile devices. It appears that email marketing companies are still producing emails that look great on desktop devices, but fail to impress on mobiles.
The research was conducted by RealTime Email and it found that the text being too small to read, the message being badly formatted and the resulting link being too difficult to read all contributed to negative feelings about mobile email. Indeed almost 80% of people complained about such issues.
One other important factor in this study is that now people are complaining about receiving too many emails. On desktop email systems the number of emails is not seen so negatively. That is probably due to the fact that managing them – or ignoring them – is much easier. However, on mobile devices the management of unwanted email messages is more complex. Email apps are not as feature-rich as desktop ones, filtering is less capable and so on. As a result we are more aware of more emails on our mobile devices – and that is beginning to annoy us.
In a similar way to desktop email, though, lack of relevance is a significant issue. Far too many companies are sending out emails to people who are not ideal recipients. That suggests lack of segmentation and lack of effective database management by firms.
One other interesting aspect in terms of relevance was the annoyance some people complained about because they owned an app from the company. They believed that sending messages via the app was more relevant than sending an email. So companies need to be aware of who has their app and who does not – the people who have the app should receive messages through that, with the non-app owners getting the email instead.
What this study shows is that in spite of years of knowledge about email marketing, many businesses are still getting it badly wrong.
Don’t fall into their camp. Here’s what to do if you want your email marketing to succeed for mobile device users.
- Know who reads your emails on mobiles and who reads your emails on desktops and send them different versions targeted at their preferred kind of device
- Segment your mailing lists into much narrower niches and only send email messages specific to those people
- Know who uses your app and communicate with them via that, rather than email
- Do some market testing to discover how often is too often for emails to your segments – then produce an appropriate mailing schedule
- Design landing pages from mobile email links specifically for mobile devices
In other words, email marketing for mobiles is much more than simply having a “responsive” version of your messages


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Last year Oculus teased its standalone "Go" VR headset saying it would go on sale for $199 early in 2018. Now Variety cites unnamed sources claiming that it will debut at Facebook's F8 conference May 1st. That should provide the kind of stage Zuckerberg, Barra & Co. would like for their first mass-market virtual reality product, although it does mean we have a few more weeks to wait before it arrives.
As Hugo Barra explained in January, standalone headsets are necessary to push the company's vision of social VR. He said "It's the idea of having a completely self-contained product that you can just put on and start using it. You can do everything in one step." While other VR headsets are more powerful and include things like positional tracking that the Go won't have, bypassing the need to plug in a powerful computer or game console should open it up to more people.
During CES the company revealed Xiaomi is building the hardware based on a Qualcomm Snapdragon 821 chipset, and an FCC filing previously leaked out. With its name, price and most of the technical details already available, the big question is how this will be supported by Facebook's software and ecosystem -- which will likely be answered soon in San Jose.


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Dallas-Fort Worth accounts for 22 of the 50 public companies in Texas to make it onto this year's Fortune 500 ranking.
Locally, ExxonMobil and AT&T continue to hold down the top two spots based on 2016 revenue. But Irving-based Exxon dropped to fourth place, its lowest ranking since 1999. Wal-Mart, Berkshire Hathaway and Apple all had higher revenue than Exxon last year.
Wal-Mart took the top spot for the fifth straight year. It's one of only three companies to hold the No. 1 spot since Fortune created the ranking in 1955. Exxon and General Motors are the other two.
Among states, Texas' total of 50 companies trailed New York (54) and California (53) for top honors.
In Texas, D-FW's 22 companies topped Houston's 20 firms on the list. San Antonio (5), Austin (2) and El Paso (1) also are represented in the top 500. Energy companies dominated Houston's list.


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“It brings together people from Savannah and all across the country,” says Melissa Turner, executive director of the Tybee Post Theater. “People plan their vacations around the Tybee Wine Festival.”
The five-day event is packed with wine, food and sun, and includes several wine tastings, wine and food pairings and elegant cuisine, all leading up to the Grand Wine Tasting, the event’s biggest and most popular attraction.
Each ticket is sold individually, so attendees can choose to go to one event or all five days.
This year, the first day of the festival falls on Earth Day and organizers are celebrating by hosting a new event: An elegant, four-course “earth-to-table” meal prepared by local celebrity chefs at Tybee Island Wedding Chapel’s Grand Ballroom.
The chefs will each be honoring Earth Day by preparing courses with local, organic ingredients that match the “earth-to-table” theme.
Wines will be provided by Gérard Bertrand, a French winemaker who specializes in organically made wines.
“It’s something Tybee Island really has never done before — bringing all of these high-caliber chefs together in one kitchen to produce a dinner,” Turner says.
Another of the festival’s wine and food events called “The Art of Pairing” is an intimate, five-course meal that puts an emphasis on perfectly pairing wines for each course.
A sommelier will guide attendees through each course, teaching and explaining the reasoning behind the very particular pairings.
But all of the food and wine events over the week are just a precursor to the Grand Wine Tasting, the festival’s biggest and most popular event.
With more than 100 international wines to taste, it’s no wonder why last year’s attendance exceeded 700 people.
“It’s such a wonderful, laid-back, casual afternoon at the lighthouse,” Turner says. “The grounds are beautiful and people bring their blankets and beach chairs.”
“There’s lots and lots of wine and lots and lots of good food,” she says.
The afternoon will include live music from local blues artist Danielle Hicks and Americana/folk artist Isaac Smith with his band.
This year’s festival in particular is very important to the Tybee Post Theater because the funds raised will finally help finance a 10-year goal.
“For the past 10 years, the Tybee Post Theater has been looking to restore and reopen a historic movie house on Tybee Island,” Turner says. “All of our proceeds from all of our events for the past decade have gone toward that goal.”
With the help of the festival funds raised, the historical theater hopes to reopen in June as a fully functioning performing arts and movie venue. And all the delicious food and wine at the fest should make supporting the theater a tasty endeavor indeed.


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Apple in the event titled Worldwide Developers Conference (WWDC) this year has announced a number of new things, one of which is the presence of the Link feature for FaceTime services.
With this, Apple also announced the presence of the FaceTime Link feature that allows Android and Windows users to join FaceTime conversations by accessing a link via a browser.
To use this feature, first-time FaceTime users on iOS and Mac devices must first create a room. Then there will be a share link button that will display a link to join the room from any platform.
Certainly, this will help users who want to have video conversations but not all members who join have iOS devices or Macs.
Unfortunately, Apple did not reveal when the Link for FaceTime feature was launched. But most likely this feature will be present along with the launch of iOS 15 which will be released in the next few months.
Not only FaceTime Link, but Apple also brings other features for FaceTime such as grid view options, sound isolation features, to the Portrait Mode filter so that the user’s background display becomes blurry.


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One of the economic impacts of the recent military events taking place between Russia and the Ukraine has been a large increase in commodity prices (energy and some metals and agriculture). This has been especially true for carbon-based energy prices in Europe that are dependent on Russia and commodities that are produced in the Russia/Ukraine region.
Our economic view prior to the onset of military conflict in this region was that the rate of change for economic growth and inflation in the U.S. was going to decelerate in 2022. While commodity prices have increased recently, this is occurring at a time when consumer and corporate profits are slowing and will likely have a negative impact on demand, which will lead to a decline in prices over time. Historically, over the last thirty plus years, recessions and economic slowdowns have been preceded by large increases in commodity prices (especially energy/oil). Below we go through some examples.
In 1989, real GDP growth was slowing on a rate of change basis heading into 1990. Oil prices spiked at the start of the Gulf War and GDP growth turned negative and a recession began in the second half of 1990.
In 1999, oil prices started to increase significantly and peaked at a rate of change basis at the beginning of 2000, as did economic growth. GDP growth slowed on a rate of change basis throughout 2000 and ended in a recession during 2001.
In the lead up to the financial crisis and recession from 2008-2009, oil prices rose into the middle part of 2008 before economic growth declined dramatically and a large recession took place.
Oil prices also rose in 2011 and 2018, leading to a deceleration in rate of change of economic growth but not an official recession.
Spikes in the prices of consumer staples like grains/agriculture can also have negative economic and social impacts.
During these historical periods of rising oil prices, monetary policy has also tended to respond to the increase in commodity/oil prices by hiking short-term interest rates. These movements have also contributed to decelerations in economic growth and led to recessions.
We are currently entering a period of rising commodity prices, a likely slowdown in consumer income and spending based on difficult comparison, and the Federal Reserve has guided toward a series of interest rate increases. This combination will likely lead to a deceleration in the rate of change for economic growth. A decline in demand and a potential recession will likely lead to a decline in prices and the rate of change for inflation in 2022.
The views expressed herein are presented for informational purposes only and are not intended as a recommendation to invest in any particular asset class or security or as a promise of future performance. The information, opinions, and views contained herein are current only as of the date hereof and are subject to change at any time without prior notice.
Senior Vice President, Investment Strategy
Boyd Watterson Asset Management, LLC


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At a time when Versace is selling kids’ clothes and Oscar de la Renta just introduced a line of stationery, it’s clear that luxury brands are moving quickly past their signature items and evolving into whole-life outfitters. Now we can add Coach to that mix. Its latest campaign, “Coach New York Stories,” not only spotlights the leather-goods brand’s Manhattan roots, but also marks the first time Coach’s fashions—not just its handbags—will appear in ads. As Trey Laird of creative agency Laird+Partners put it, “This is a pivotal time for Coach as it transitions from being just a ‘bag brand’ to a complete lifestyle world.” Coach’s evp of marketing Stephanie Stahl told Adweek what that world’s going to look like.
Coach’s plan is to become “a premium lifestyle brand.” But isn’t that sort of what you are already?
We’ve had offerings in many categories for a long time, from footwear to sunglasses. But we have not messaged it to the consumer in the way we’re starting to do now. We’re showcasing our full assortment of products in the context of the complete Coach brand.
Your company is 72 years old and has earned a reputation of being among the finest leather-goods brands in the world. Why change a successful formula?
For us, to continue to compete globally, we feel that this is an opportunity for us to broaden out into lifestyle, which is largely just communicating what we already do in a more fashion-relevant way.
And it’s called “Coach New York Stories”—shot on location and featuring models who are native New Yorkers. Tell us about that.
New York has always been our home, and through the decades, it’s the city we draw our energy and dynamism from. We shot the West Village ad because our model Karlie Kloss lives there, and it’s authentic to her story. So this is an interaction of Coach’s history and heritage with the stories of these models.
It’s unusual that you’re treating models as, well, real-life people.
They have real links to the city and stories to tell. We also have videos of them at Coach.com, which will augment what you’re seeing.
Heritage luxury brands have awakened to the fact that there’s opportunity in creating and marketing goods outside the strict confines of what the public knows it for. It’s why Armani’s doing a home collection. Do you see Coach as fitting into that trend?
That’s a great question. Every company has to do its own thing in its evolution. Today, most people know us for selling wonderful handbags. This is an opportunity to let people know that we have much more than that.
How many Coach handbags are in your closet at home?
I try not to count them because I'd have to tell my husband.


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The UK government's review of its gambling law is likely to result in an outright ban on sponsorships by so-called ‘white label’ betting brands from overseas markets, particularly in Asia.
Sportswear manufacturer Puma has become the new official match ball supplier of the English Football League, displacing Mitre, the UK-based sports equipment supplier, in the process
Unilever-owned hygiene soap brand Lifebuoy has agreed a multi-year sponsorship of English football’s second-tier league body, the English Football League, aimed at helping clubs provide a safe return o…
The English Premier League has finalised a £250m (€278m/$337m) rescue package agreement with the English Football League to help lower-league clubs which have been affected by the Covid-19 pandemic.
The English Football League (EFL) has signed up pizza delivery company Papa John's as title sponsor of the EFL Trophy
Sport Collective, the sports marketing agency founded by two of the English Football Association’s former commercial chiefs, Peter Daire and Sean McAuliffe, has announced a collaboration with GV6 sports, t…
The English Football League (EFL) has called on the UK government not to ban sponsorship deals with brands from the gambling sector within football
Round-Up: T20 World Cup announcement, Vietnam eyeing November Grand Prix, Victoria’s sports exodus, and more
After months of speculation, the Men’s T20 Cricket World Cup is reportedly set to be postponed this week. Australian media reports say an official announcement will be made on Friday.
Food delivery brand Just Eat has signed as the ‘Official Food Delivery Partner of iFollow’, the EFL’s live-streaming platform. A


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DON'T SHARE NUISANCE.
Retail inflation rises to 10.91 per cent in February
The inflation crossed doubled digit mark in December at 10.56 per cent, against 9.90 per cent in November.
New Delhi: Retail inflation moved up for the fifth consecutive month to 10.91 per cent in February, remaining in the double-digit terrain for third month in a row, on account of higher prices of vegetables, edible oil, cereals and protein-based items.
It was 10.79 per cent in January. The inflation crossed doubled digit mark in December at 10.56 per cent, against 9.90 per cent in November. The vegetables basket in February recorded the highest inflation of 21.29 per cent among all the constituents that make the Consumer Price Index (CPI), according to data released on Tuesday.
That was followed by cereals wherein inflation was 17.04 per cent. Egg, meat and fish became costlier by 15.72 per cent during the month. Inflation in oils and fats segment stood at 14.56 per cent.
Besides, pulses became dearer by 12.39 per cent and sugar turned more expensive by 12.10 per cent on an annual basis. Clothing and footwear witnessed 10.87 per cent increase in prices during the month.
In urban areas, retail inflation rose to 10.84 per cent in February from 10.73 per cent in the previous month. The CPI for rural population increased to 11.01 per cent during the
month from 10.88 per cent in January.
The data for wholesale price index (WPI)-based inflation is expected on Thursday. The WPI figures for January stood at 6.62 per cent, much higher than RBI's comfort level of 5-6 per cent.
The Reserve Bank RBI is scheduled to announce mid-quarter review of monetary policy next week. It is widely expected that the central bank will further ease the policy to boost economic growth which touched a decade low of 4.5 per cent in the third quarter of the current fiscal.
In its monetary policy in February, RBI had slashed the key interest rates by 0.25 per cent and released Rs 18,000 crore additional liquidity into the system to perk up growth through reduced cost of borrowing.
RBI has forecast the March-end WPI inflation to be 6.8 per cent. Meanwhile, industrial output growth rate grew by 2.4 per cent in January, compared to a growth of 1 per cent in same month last year.
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BUSINESS BRIEFING | EARNINGS; J. C. Penney Reports Lower Profit and Revises Forecast
By THE ASSOCIATED PRESS
Published: November 15, 2008
Department-store operator J. C. Penney said its third-quarter profit fell by more than half. The company also said mall traffic in general has been weak so far this month and issued a fourth-quarter forecast that was well below analysts' expectations. The company said profit for the three months that ended Nov. 1 fell 52 percent to $124 million, or 56 cents a share, from $261 million, or $1.17 a share, last year. Revenue slid 9 percent to $4.32 billion from $4.73 billion last year. Shares ended the day down more than 10 percent, at $17.27.


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FedEx Corp, an express transportation company, has entered into a strategic partnership with BigCommerce, an open SaaS e-commerce platform, for enabling the small and medium businesses manage e-commerce operations.
With people inclination towards online shopping increasing due to the pandemic, a lot of small and medium businesses are making their move to establish themselves online.
For supporting the business with this idea, the companies have collaborated for extending an offer which will allow new BigCommerce customers receive 4 months of free service through BigCommerce, as well as discounted shipping rates from FedEx.
The FedEx Advantage programme aims to help the current, small and medium businesses using BigCommerce access to FedEx e-commerce solutions and discounts on its services.
“As we all face the unprecedented challenges of COVID-19, it’s even more important for small and medium businesses to be able to continue providing much-needed goods and services to their communities. We’re proud to team up with BigCommerce to make it easier for more businesses to move online quickly so they can stay connected to commerce and deliver for their customers,” said Randy Scarborough, VP, Customer Engagement Marketing at FedEx.
FedEx is committed to help the business during these challenging times. The company recently joined coalition of more than 40 companies in Stand for Small powered by American Express. The platform aims to help the small business with support and advice during the crisis of the pandemic and help it in recovery.


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VR (Virtual Reality) and Immersive Video News
Intel True View to bring immersive experiences to football fans
Feb 7, 2019 – In partnership with Arsenal FC, Liverpool FC and Manchester City, Intel will deliver immersive experiences via Intel True View at Emirates Stadium, Anfield and the Etihad Stadium. Fans worldwide will be able to enjoy the biggest moments of the match from every angle.
News categories: Intel Corp, Content Distribution, Digital TV, Semiconductor, UK, VR
DOCOMO develops 360° 8K 3D VR system for live streaming
Feb 4, 2019 – NTT DOCOMO has announced that it has developed what is believed to be the world's first 8K 3D virtual reality (VR) system for live video streaming and viewing at 60 frames per second (fps) over 5G mobile communications.
News categories: NTT DOCOMO, 5G, Digital TV, Japan, VR, Worldwide
Global VR headset shipments to exceed 21 million in 2019
Jan 30, 2019 – According to Juniper Research, Virtual Reality (VR) headset shipments will reach 54 million by 2023, up from an estimated 21 million this year. This is a growth of 160%, as demand increases following an underwhelming year for VR in 2018.
News categories: Juniper Research, Sam Barker, Market Research, VR, Worldwide
WarnerMedia launches content innovation lab
Jan 22, 2019 – WarnerMedia has announced plans to launch the WarnerMedia Innovation Lab, an incubator that will combine emerging technologies with content from across its operating units to create new and innovative consumer experiences and businesses.
News categories: WarnerMedia, John Stankey, Jesse Redniss, 5G, Advertising, Big Data, Digital TV, Smart Home, USA, VR
Toluna surveys technology interests of U.S. consumers
Jan 8, 2019 – Toluna has released research on consumer electronics and technology trends ahead of CES. The company has studied US consumer adoption, purchase intent, and tech-influenced trends heading into the New Year.
News categories: Toluna, Jay Rampuria, Phil Ahad, CES, Digital TV, Market Research, Smart Home, USA, VR
HTC VIVE evolves VR portfolio
Jan 7, 2019 – HTC VIVE has announced hardware, software, and content offerings that redefine how VR is experienced. VIVE Pro Eye sets a new standard for high-end VR headsets, VIVEPORT Infinity allows unlimited access to content, and VIVE COSMOS with Vive Reality System reimagines what's possible in VR.
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Sling TV first vMVPD on Oculus Go VR headset
Dec 17, 2018 – Sling TV has become the first virtual multichannel video programming distributor (vMVPD) to launch on Oculus Go, the VR headset. The Sling TV experience on Oculus Go is equivalent to watching on a 180-inch television.
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Deutsche Telekom and MediaKind first to stream 6K tiled 360° live sport
Dec 10, 2018 – MediaKind has announced that it has pushed the boundaries of immersive consumer experience of live sport by streaming the world’s first multi-channel 6K 360-degree live sports event in collaboration with Deutsche Telekom, Magnum Film, Tiledmedia, INVR.SPACE and Iconic Engine.
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Qualcomm announces Snapdragon 855 with 5G, AI, XR and HDR10+
Dec 5, 2018 – Qualcomm (NASDAQ:QCOM) has unveiled its Snapdragon 855 Mobile Platform, collectively supporting multi-gigabit 5G, AI and immersive extended reality (XR). Snapdragon 855 provides consumers with an upgraded entertainment platform including HDR10+ playback.
News categories: Qualcomm, Alex Katouzian, 5G, Semiconductor, Smartphone, VR, Worldwide
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ZTE Says Gigabit Phone Is Fast, But Reveals Few Details
Feb 26, 2017, 9:00 AM by Eric M. Zeman
ZTE today announced a smartphone that is capable of attaining download speeds of 1 Gbps. The Gigabit Phone, says ZTE, is the first handset to lay claim to such raw speed. The phone is able to do this using ZTE's Pre5G Giga+ MBB solution, though ZTE didn't share many details about the network technology involved. The Gigabit Phone itself relies on a Qualcomm Snapdragon 835 processor paired with a Qualcomm X16 modem. Together, they can take advantage of carrier aggregation, 4x4 MIMO, and 256QAM to deliver 1 Gbps downloads. In addition to the speed, ZTE claims the Gigabit Phone is three times more efficient at processing data across today's LTE 4G networks. The Gigabit Phone and the underpinning technology will help ZTE and its partners bridge existing LTE 4G networks with what will eventually become 5G technologies. ZTE did not show a picture of the phone, nor state any other specifications or details such as pricing and availability.
Jan 5, 2023
Qualcomm has revealed Snapdragon Satellite , the company's solution for connecting Android phones directly to satellites for truly global coverage. The feature uses the Iridium network, a satellite constellation that has has been in operation for 25 years.
Nov 15, 2022
Qualcomm has announced its newest top-end chip, intended to power most flagship-level Android phones in 2023. As expected, the Snapdragon 8 Gen 2 is more powerful and power-efficient across the board (compared to Gen 1), but the most impressive improvements and new features involve AI.
Nov 10, 2021
Samsung has announced a next-generation RAM chip that offers 1.3 time faster speeds while using 20% less power. This new type of RAM is called LPDDR5X, and the improvements are compared the best existing RAM technology for phones, LPDDR5.
Feb 9, 2021
Qualcomm today introduced a suite of new modem and radio chips to power the next generation of higher-end 5G phones and devices. The company's new flagship 5G modem chip is the Snapdragon X65 5G Modem-RF System , which is the first in the world to support data rates of up to 10 Gbps.
May 28, 2020
Qualcomm has announced the latest version of its FastConnect solution, which provides the Wi-Fi and Bluetooth functions for their phone chipsets. The FastConnect 6900 and 6700 support Bluetooth 5.2, Bluetooth LE Audio, and Wi-Fi 6E.


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The Department of Agriculture and Farmers’ Welfare in Meghalaya, along with the Meghalaya Basin Management Agency (MBMA), recently facilitated the connection of over 1.3 tonnes of pineapples to markets in the Middle East.
These pineapples, originating from Meghalaya, are now available in prominent shopping centers in Dubai, Kuwait, and Sharjah. As a result of these endeavors, local farmers are enjoying a substantial increase of up to two times in the prices they receive for their produce.
In order to further bolster the market for Meghalaya’s pineapples, the government is making preparations for a Pineapple Festival in Delhi. This festival is scheduled to take place at Dilli Haat, New Delhi, from 18th to 20th August 2023. These initiatives are aimed at bridging the gap between the state’s farmers and the thriving international markets.
It is worth noting that in the previous year, more than 40 tonnes of pineapples were sent to a processing facility in Karnataka, with the intention of subsequent export to markets in Europe and North America. Meghalaya’s pineapples stand out due to their cultivation methods that largely avoid the use of chemical fertilizers and pesticides.
This approach results in significantly lower levels of heavy metals and pesticide residues in the fruit. The pineapples are distinguished by their high sugar content (with a brix value of 16-18) and minimal sourness, rendering them well-suited for both domestic and international markets.
During the harvest season, the entire pineapple fields are harvested for sale, yet only the larger Grade A pineapples are accepted by processing units. This leaves farmers with smaller Grade B pineapples, often referred to as the “table variety.” As these smaller pineapples mature rapidly after harvesting, farmers are compelled to sell them at very low prices, leading to distress sales.
To mitigate this issue, the Department of Agriculture and Farmers’ Welfare is actively establishing connections with local retailers and has recently formed partnerships with Reliance Retail stores in Guwahati for the sale of the table-variety pineapples from Meghalaya.
According to a report by East Mojo, the pineapple trade in Meghalaya has long been controlled by middlemen who secure pineapple farms months ahead of the harvest season by paying farmers a lump sum amount. Although this might satisfy the farmers’ immediate financial needs, they often fail to realize that they are essentially leasing their farms at a fraction of the actual value of the produce.
To address this concern, the government is dedicated to creating community-centered solutions at the grassroots level. This includes encouraging farmers to establish cooperatives and producer organizations (FPOs) across the state, fostering a more equitable and sustainable approach to pineapple cultivation and trade.
Trending on TFN


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LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global automotive seats market is expected to reach USD 414.40 million by 2021, growing at a CAGR of almost 5%.
This research report titled ‘Global Automotive Seats Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
There is an increasing use of lightweight materials in automotive seat systems as OEMs are trying to increase fuel efficiency and meet the increasing demand for safety and functional features in cars. The lightweight measures will help reduce CO₂ emissions and provide better fuel economy. The growing demand for better interior seating in compact and subcompact cars has prompted OEMs to promote more research on automotive seats and integrate them with the vehicles.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s automotive research analysts categorize the global automotive seats market into the following segments by the application. They are:
- Passenger cars
APAC is the major market for automotive seats as the region is the largest market for passenger cars. The increase in the purchasing power and growing preference for a higher social recognition are driving the market for passenger cars in APAC. Sports utility vehicles (SUVs) account for the highest growth in passenger car sales due to the higher social status associated with owning such vehicles.
According to Praveen Kumar, a lead automotive components research analyst from Technavio, “The recovering economy, decrease in unemployment, lower interest rates, and decline in fuel prices are driving the market for passenger cars in the Americas. The increasing preference for fuel efficiency and the comfort of traveling in three-row seats in crossovers and SUVs are the main drivers for the market’s growth in the US.”
LCVs are mainly used for facilitating last-mile connectivity over a limited region or area like a city for the transportation and distribution of goods, especially in stop-and-go traffic, light construction, and municipal applications. The US contributes to most of the seats used in the LCVs market as it is the biggest market for LCVs.
“The increased requirement for housing and construction in APAC is expected to drive the market for automotive seats in LCVs. APAC accommodates more than half of the global population; hence, the rising purchase of LCVs in APAC is expected to impact the growth of construction and housing activities positively,” says Praveen.
The increased preference for transporting freight through roadways is driving the sales of M&HCVs. The increase in the sales of M&HCVs directly leads to an increase in the market for automotive seats in M&HCVs. Freight companies in countries, such as China and India, prefer road for transporting freight due to irregular freight services offered by rail despite the latter constituting the cheapest mode of freight transport.
The decrease in diesel prices has driven many freight companies to choose the road for transporting freight in India. Lack of adequate rail services for hauling freight and the low number of freight trains compared with the total freight to be transported are the major factors driving the freight companies in India to use roadways for freight transportation.
The top vendors highlighted by Technavio’s research analysts in this report are:
- RECARO Automotive
- TS Tech
Browse Related Reports:
- Global Two-wheeler Upside-down Forks Market 2017-2021
- Global Commercial Vehicle Poly-V Belt Market 2017-2021
- Global Automotive Mudguards Market 2017-2021
Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like automotive electronics, automotive components, and powertrain. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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VCN- The upgrade to the Directorate of Market Surveillance has created a synchronous and unified connection between central agencies and local agencies in the fight against smuggling, trade fraud and counterfeit goods, ensuring efficiency in coordination.
|Concerning for counterfeit goods|
|Consolidating and streamlining the market surveillance units|
|Market Surveillance Agency officially becomes the General Department|
|General Director of the Directorate of Market Surveillance Tran Huu Linh.|
This was shared by the General Director of the Directorate of Market Surveillance Tran Huu Linh (photo).
How has the fight against smuggling, trade fraud and counterfeit goods by the Market Surveillance Force changed after being reorganized according to the General Department model and vertical management, Sir?
The Directorate has closely directed the surveillance forces nationwide to monitor the market development, coordinate with competent agencies to strengthen inspection, control and handle violations in the transportation and trade of contraband goods, counterfeit goods, and goods of unknown origin, as well as develop a regular inspection plan in 2019, focusing on a number of key items and items managed by the Ministry of Industry and Trade.
The Directorate of Market Surveillance directly organized five working teams to combat smuggling, trade fraud and counterfeit goods before, during and after the Lunar New Year 2019 in some key localities, including: Ho Chi Minh City, Hanoi, Hai Phong, Quang Ninh, Lang Son, Thanh Hoa, Nghe An, An Giang, Tay Ninh, Long An and Can Tho. In particular, before the development of African swine fever, at the beginning of March 2019, the Directorate organized a team to inspect, urge and assess the implementation of measures to prevent and combat.
Accordingly, 63 local Market Surveillance Departments have closely followed the situation, ensuring a smooth hotline from the Department leaders to the teams and maintained good coordination with the local competent forces in the detection, inspection and handling of violations. As a result, the forces have detected and prevented many violations, contributing to protecting consumers' health.
Some fields and items were focused on including illegal imported foreign cigarettes, alcohol, beverages, firecrackers, cattle and poultry, fertilizers, petroleum, liquefied petroleum gas, cosmetics, pharmaceuticals, supplementary foods; manufacture and trade fake and poor-quality products; food safety.
The new organizational structure model of the Market Surveillance force is attracting the attention of the public, how has this issue been done, Sir?
The improvement of personnel of the Directorate of Market Surveillance is always concerned and directed by the Party Committee and leaders of the Ministry of Industry and Trade and determined as a key task to quickly stabilize organization and operation.
At the central level: The Directorate apparatus is streamlined on the basis of upgrading and improving from the Department of Market Surveillance under the Ministry of Industry and Trade, including 6 units: Directorate Office, Department of Personnel and Organization, Department of General Affairs, Planning and Finance, Department of Policy and Legislation, Inspection Department and Department of Market Surveillance.
The Directorate has merged and reduced 164 market surveillance teams at district level, and management completed the 2018 goal of streamlining and reducing the number of surveillance teams at district level, assigned by the Prime Minister.
The Directorate issued decisions defining functions, tasks, powers and organizational structure of Departments and equivalent level under the Directorate. The Director the Directorate also issued decisions defining functions, tasks, powers and organizational structure of divisions under the Department of Market Surveillance, the Directorate Office, and Provincial Market Surveillance Departments, clearly defining the responsibilities and duties of units and meeting state management requirements.
In order to implement personnel task, the Directorate is implementing the official arrangement and leadership appointment; building a plan to arrange officials leading and managing units under the Directorate for the 2019-2021 period, guiding the procedures for appointment for leadership and management position of the Directorate in the current period.
Appointing leadership positions; planning the leadership and management civil servants of units under the General Department of Information Management during the period of 2019-2021; instructions on the appointment process for leadership and management positions under the General Department of Information Management in the current period.
|Government targets smuggled and counterfeit goods
The Market Surveillance Agency under the Ministry of Industry and Trade will step up supervision on smuggled ...
Local planning is closely associated with the establishment of party organization. Over the past 5 months, the Ministry of Industry and Trade has cooperated with localities to consolidate the organization. So far, 56 among 63 Party Committees of the local Market Surveillance Departments have been established. The Ministry of Industry and Trade is also taking steps in the process of reviewing, appointing and perfecting the leadership according to the Party's regulations and State law.
Thank you very much!
On May 2, Deputy Minister of Industry and Trade Dang Hoang An granted the decision to appoint 7 leaders of the Departments under the Directorate of Market Surveillance.
Since the Directorate of Market Surveillance was established (according to Decision No. 34/2018 / QD-TTg of August 10, 2018 of the Prime Minister stipulating the functions, tasks, powers and organizational structure of the Directorate of Market Surveillance), this is the first appointment of leaders at departments under the Directorate, the seven appointed officials this time were decided by the Ministry of Industry and Trade leaders.
T.Binh-Quang Hung/ Huyen Trang


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Pilsen Site Named Sustainability Ambassador 2020
WACKER Donates €200,000 to the Unsung Heroes of the Pandemic
School is an anchor in difficult times
Carbon Dioxide Cut by Reusing Containers
WACKER Supports CELAB Recycling Initiative
Mar 18, 2021
WACKER Joins Recycling Initiative for Release Paper
Leading label manufacturers are cooperating in a recycling initiative for release paper. Some 30 companies are now members of the consortium, including global label manufacturers such as UPM Raflatac, Avery Dennison or Herma, and European subcontractors like WACKER.
You’ll find basic information in our online Sustainability Report.
The report was compiled in accordance with GRI Standards (“Core” option). A materiality analysis is conducted before the report is compiled.You’ll find the 2017/18 Sustainability Report here.


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Syrian jihadists are looking to finance their operations with cryptocurrency. Coinbase expands into 11 new countries and finance is off from Fiat to crypto transactions in Singapore. Let's start the show. Welcome back to crypto Global News. I'm Edward. We really appreciate it if you like subscribe and also share today's episode. Enjoy the show. Time to bomb the Syrian jihad group hired terror. Al Shabaab has been asking its donors to send their terror outfit crypto donations which once again brings the dreadful question is cryptocurrency financing terrorism now due to the anonymous nature of cryptocurrency which has been branded as one of its most desirable features. It's virtually impossible to trace the source of transactions received in a digital wallet unless the source is detected.
It is also not possible to cut it off and cripple the terror outfit. Now will the U.S. government and other governments across the globe be seeking increased regulations to prevent terrorists from receiving funding via cryptocurrency. Crypto compare released its exchange Review Report which seeks to review the main developments within the cryptocurrency exchange market. But this time the report was much awaited as the report captured the month of March of 2019 which was a growth month. One standout point was an increase of 43 percent since the previous month of bitcoin into USD teeth. In March it represented eighty one point seven percent of total Bitcoin volume traded into fiat or stable coin. While last month the pair represented 70 percent would signify the USD t is still the most popular stable coin and a lot of investors manage volatility using USD to. The grand rise also indicated that a lot of investors are switching their holdings between stable coin and bitcoin which would inch towards Bitcoin as they found opportunities.
It looks like the volume is surging back into the cryptocurrency market. Ripples spring and the characters of Z cash have connected to do a joint investment into a cryptocurrency startup looking to take privacy tokens mainstream. Bolt is a private off chain cryptocurrency being designed on top of the existing Z cash cryptocurrency with a focus on hand on the issue of scaling. Now among the crowd of investors into the startup are ripples fundraising division which is spring electric coin company.
The firm behind ze cash and Z cash is founders Zuko Wilcox and Mr Wilcox founder of Z cash and CEO of electric coin company told Forbes in an interview that Bolt is a promising startup primarily for the added protection it offers to users. The scaling solution being developed by Bolt labs is reportedly similar to Bitcoin's lightning network with the ultimate goal of making smaller transactions feasible and both cost and scalability. It seems like 2019 is the year when big platforms battle for speed and scalability. Coinbase the major cryptocurrency exchange platform announced that it's expanded its crypto to crypto trading service in 11 more countries with the new addition of these countries the reach of coin basis expanded into 53 across the globe coin bases open its trading door for cryptocurrency enthusiasts in Mexico India New Zealand South Korea Indonesia Hong Kong the Philippines Chile Colombia Peru and Argentina.
Users will be able to avail crypto to crypto trading services such as buying and selling crypto on Coinbase pro and Coinbase dot com. In addition users can also buy and sell crypto currencies via the Coinbase app available on Iowa's and Android is Coinbase going to be the family name of cryptocurrency for years to come. Crypto currency exchange giant finance will launch its new Fiat to crypto platform in Singapore in the week to come.
Its chief financial officer Mr. Zao said that for now in Singapore it will just be big Quimby hopes to add more cryptocurrency shortly for regulated jurisdictions it tends to be easier to start with things that people know and understand and then you can gradually build on that. Now finance began its project of building fiat to crypto gateways back in January of 2019 when it partnered with simplex to let traders use Visa and MasterCard to buy a wide range of crypto currencies.
What edge will this give. Finance in the marketplace. Many thanks for tuning to today's episode. Please make sure that you like subscribe and also share today's show for crippling Global News M Edward until next time you take it easy..


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Timbaland has announced a new metaverse-based entertainment company, dubbed Ape-In Productions (AIP), that will use Bored Ape Yacht Club characters to perform music and sell products as NFTs.
The new company will use the NFT characters to perform music and sell virtual products. Bored Ape Yacht Club -- founded by Yuga Labs in April 2021 and comprised of unique cartoon ape drawings minted on the blockchain -- is one of the most successful NFT projects to date, having already amassed over $1 billion in trading since its inception just seven months ago. For buyers, the quirky cartoons function as both an investment and a status symbol, with many owners setting their social media avatars to the Ape they purchased. Owners of Apes are able to exploit the NFTs' likenesses for profit and can also "flip" the Apes to reap even higher gains on NFT marketplaces whenever they're ready to sell. Just like a rare baseball card, Bored Apes are viewed as collectibles, often functioning as the crown jewels in a buyer's crypto collection.
AIP's Bored Apes will act as a front-facing digital performer for songs. Those who opt to purchase these AIP NFTs will gain access to exclusive perks, including merchandise, events, studio sessions, custom art and concerts, all contained within the metaverse. Timbaland is also in the process of launching Beatclub, a marketplace where muscians can send sell their beats and soundpacks and keep 100 percent of their profits.
Creators can request an invitation.


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WATCH: The grocery game on the Westshore is booming. On Thursday, a new Thrifty Foods location opened up in Langford in a part of town where grocery stores are abundant. But the big question is, can these businesses co-exist in one small area? Aaron Guillen reports.
There’s an aroma in the air.
It’s not just the pizza, smoothies, or the salad bar station. It’s the smell of a brand new grocery store.
Thrifty Foods is celebrating the grand opening of the chain’s new Langford location.
But Thrifty’s is moving into a competitive neighbourhood.
Nearby there are nine different grocery stores, not including big-box chains like Walmart and Costco.
But business leaders say opening on the West Shore makes sense.
“The West Shore is a vibrant and developing area,” says Julie Lawlor, executive director of the WestShore Chamber of Commerce.
“You only have to look around to see the amount of growth for construction and housing. This is the place where there is space.”
And while there is a growing base of potential consumers, grocery shoppers can be unpredictable.
“Thrifty’s is too expensive,” says a woman leaving Bulk Barn.
“Only when I’m desperate for organic will I go to Thrifty’s.”
“Superstore has mostly everything,” says a Langford mother.
“I don’t like Superstore cause it’s too big and complicated,” says a man leaving Fairway Market.
“I have a variety of places I go to depending on the prices,” says another passerby.
But Thrifty’s is confident their new store will be a success.
“Competition has always been healthy,” says Brian Boizard, Store Manager at Thrifty’s new Langford location.
“I think we all deliver something different and I’m super proud of what Thrifty Foods stands for within the community and our products.”
And the Chamber of Commerce says there are a lot of families to feed on the West Shore.
“Obviously, people need to be fed!” says Lawlor.
“Grocery stores will continue to survive and thrive as long as there is the population to support them.”
The new Thrifty Foods is located in Belmont Market at 3011 Merchant Way, Langford, B.C.


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15:57 | 22/06/2017 Society
Honda Vietnam will work with its agents nationwide to suggest ways to give the most satisfactory prices on several best-selling Honda vehicles to the customers.
|The price of Honda Air Blade has been increased since May 24 to VNĐ45 million, up VND7 million compared with the previous prices — Photo autopro.vn|
This was revealed by Toshio Kuwahara, General Director of Honda Vietnam, following the recent increase in vehicle prices in the market.
The action was made after the Ministry of Finance added several new best-selling models of Honda motorbike into the updated list of auto and motorbike registration fees according to the ministry’s Decision 942/QD-BTC, in which the fee would be raised following the increase of the vehicles’ price in the market.
Kuwahara said several Honda agents had themselves increased the vehicles’ price, and so they were placed in the list.
The prices of Honda Air Blade, Vision, SH150i (CBS) and SH150i (ABS) have been increased since May 24 to VND45 million, VND36.6 million, VND101 million and VND114 million, respectively, up between VND7 million and VND22 million, compared with the previous prices.
With the new change, customers will also have to pay an additional significant amount of money as registration fee when they buy the vehicles.
The fee is 2 per cent of the motorbike value. As for motorbikes registered in the major cities, including Ha Noi, HCM City, Da Nang, Hai Phong and Can Tho and provincial cities and townships where provincial people’s committees base, the customers will have to pay registration fee worth 5 per cent.
According to regulations, the finance ministry has the right to adjust the calculation of registration fee following the market prices, not the price listed by the firm. The adjustment is expected to fix the price and prevent loss to the State budget, ensuring the equality of registration fees for vehicles among firms.
Kuwahara said the firm would make efforts to supply a stable volume of motorbikes to the market, as well as raise the products’ quality to meet the customers’ demand.


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At Givenchy, the after Waight Keller is already underway. The roads between the fashion house and the designer separated after 3 years, at the natural expiration of the contract. The renewal of the top management of Givenchy, which a month ago appointed Renaud de Lesquen as new CEO, continues.
The after Waight Keller starts
The announcement of the separation between Givenchy and Clare Waight Keller came on Friday April 10. The designer had landed at the head of the maison in 2017. She replaced Riccardo Tisci, who for 12 years had occupied the chair as stylistic director. Clare Waight Keller was the first woman at the creative helm of Givenchy, but, apparently, her results did not meet expectations.
Looking for the successor
The maison did not announce a successor, we said. The pandemic could give (or impose) more time for reflection at the top of both the brand and LVMH, of which Givenchy is part. In the meantime, several names of designers have circulated, about who would be the candidates to replace Waight Keller. Matthew Williams, founder of the brand 1017 Alyx Dsm, appears on the list filled out by MF Fashion. Julien Dossena, designer of Paco Rabanne and Nicolas Ghesquière’s pupil, and the director of Gucci design, Davide Renne, would also be eligible. The names also read that of the artistic co-directors of Jil Sander, Luke and Lucie Meier, and Marine Serre, winner of the LVMH Prize and head of the eponymous brand. Elle magazine hypothesises the split of the assignment, and foresees Phoebe Philo for the woman line with Craig Green at the head of the man line.


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The Quiet Death of Google Here+Google
killed a project that could have been Revolutionary before it ever got started. Codenamed Google Here, it would have tied in with Google Maps and beacon technology to detect when a user entered a business and display an HTML5 based 'app' screen from the business, an 'app-less' form of marketing/advertising/customer engagement. This kind of mobile advertising is a Holy Grail, as users wouldn't have to download an app (an increasingly difficult challenge to get them to do) to be targeted.
Between the question of whether retailers would actually build the sorts of experiences necessary to make this project a success, and doubts about the potential invasiveness of the project (after all, Google Maps is one of the most used mobile apps, and Google would hardly want to annoy its users and risk driving them away), +Larry Page
himself apparently killed it before launch.
While Google Here may have joined the Google Graveyard prematurely, the idea behind it will surely see new life in some form, some day, if not quite the same in all details.
Would you have liked to see Here go Live, or would it have made you reconsider your devotion to Google Maps?#GoogleHere


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CNBC Stock Exchange News Live Online Streaming
Business news channel is aimed at business-orientated updates. There are around 726 000 people tuning in every day despite the limited audience. This news station is active from 4 am to 7 pm. They are focusing on providing updated financial market information including a discussion of performances of the best local markets. CNBC Live Streaming enables a lot of business heads to stay ahead of all financial issues.
CNBC live news will enable you to make some informed decisions when it comes to investing and stock markets. It is available on the go by downloading an App from your phone’s mobile app store.
You can view talk shows of financial bigwigs and just in case you have missed anything the latest updates are available as well as replays of CNBC news Europe episodes.
Business News CNBC Live Stream
The first show of CNBC was released as SPN (Satellite Program Network) providing very low quality of old movies. In April 1989, following a few re-launches from 1980, the Consumer News and Business Channel was finally in operation. NBC and Cable Vision were initially jointly responsible for the operations. Around 1990 C was known to reach 17 million homes at the time, running with the big dogs such as Financial News Network. CNBC was in the position to take over FNN in May 1991 and soon merged the two companies where it skyrockets to 40 million homes.
Although CNBC is an American inspired news station, people all over the world have access to the television. Recently CNBC boasts with accessibility to about 93 million paying televisions.
watch CNBC live and keep yourself informed of all the recent business news and consumer tips by the free live online streaming.


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97% of all UK mobile internet browsing took place on browsers using either Apple or Google technology by 2021
The UK’s competition watchdog launched an in-depth investigation on 22 November into the dominance of Apple and Google in the market for cloud gaming and internet browsers on mobile devices.
The two Californian giants “have an effective duopoly on mobile ecosystems, which allows them to have control over operating systems, application stores and web browsers on mobile devices”, noted the competition authority (CMA).
Thus, 97% of all mobile internet browsing in the UK took place on browsers using either Apple or Google technology by 2021, the CMA said in a statement. The regulator will now conduct “an in-depth investigation into how Apple and Google dominate the mobile browser market and how Apple restricts games” on its app portal.
The UK has “more than 800,000 users of cloud video gaming services” and “distribution restrictions on mobile devices could hinder the growth of this sector” and penalize players, according to the competition police. The stakes are high: the CMA calculates the weight of the sector in the British economy at “several billion pounds”.
At the same time, Apple and Google “have argued that restrictions were necessary to protect users”, according to the UK authority, which specifies that its investigation “will take these concerns into account and determine whether new rules are necessary”.
“We’ve helped millions of developers turn their brightest ideas into apps,” in a sector that creates “hundreds of thousands of jobs in the UK alone,” Apple said in a statement released on Tuesday. at AFP. Google responded by saying it is “committed to building open and thriving platforms that empower consumers and help developers build successful businesses.”
Its Android platform “gives users more choices of apps and app stores than any other mobile platform,” the group said. The CMA is conducting several investigations and proceedings to try to limit the prominence of Gafa (Google, Apple, Facebook and Amazon) in the online technology market.
The European Commission and the US Competition Authority (FTC) and many US states have also launched investigations and prosecutions against Gafa.


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Sony's noise-cancelling XB900N offer more bass for less money
They’re a more affordable version of Sony's 1000XM3 headphones.
B&O adds Google Assistant to its pricey H9 headphones
They also get 25 hours of wireless playtime.
Powerbeats Pro review: The best-sounding Beats headphones yet
The hook design isn’t for everyone, but the features are hard to pass up.
Kevin Durant is investing in high-end audio company Master & Dynamic
The star of several Beats campaigns is switching to M&D.
Skullcandy's take on Apple's AirPods will only cost you $80
That's nearly half the cost of Apple's true wireless earbuds.
Master & Dynamic's MW65 are its first noise-cancelling headphones
The refined look of the MW60 is back, but the new features increase the price to $499.
Urbanears' $150 over-ear headphones last 30 hours
The wireless Pampas can handle more than 30 hours of playtime.
Beats' all-wireless Powerbeats Pro earbuds are available May 10th
Pre-orders start May 3rd.
Apple may unveil two new AirPod models by the end of 2019
One of them could represent an 'all-new' design.