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Local group provides mini-library at Ridgeland grocery store
There’s something new at Piggly Wiggly in Ridgeland to help children expand their love of reading.
The store recently partnered with the GFWC Woman’s League of the Lowcountry on a mini-library known as Mr. Pig’s Book Nook.
“I got a call from Karey Norris, a member of the group, and she explained what they wanted to do and asked if there was an area where they could place a small library,” store owner Lou Sherman said. “We had an area where they could place the books and the area worked out great.”
Norris said the group is part of an international organization of community-based volunteer women’s clubs dedicated to enhancing the lives of others through volunteer service. Its motto is “Living the Volunteer Spirit.”
“We thought we would ask Piggly Wiggly in Ridgeland if we could place the book nook there because we were targeting areas in Jasper and Beaufort counties that would be a great place to reach children and families,” Norris said.
Mr. Pig’s Book Nook is located in the customer service area. The books are specifically for children in kindergarten through eighth grade.
“Each shelf in Mr. Pig’s Book Nook has specific grade-level books on them,” Norris said. “Each book is color coded and inside we have our logo with a (GFWC Woman’s League of the Lowcountry) sticker and the book’s directions to please take home, read and enjoy, and then return to get another one.”
Sherman said hand sanitizer will be in place so children can be safe before and after handling the books.
“The pandemic has limited a lot of places with the number of people that can come into certain places such as restaurants, but grocery stores were not affected as much,” he said. “There is limited access to places such as libraries and children are now doing virtual learning, so being in a small town gives kids options to read or learn how to read. It is another avenue for learning and a valuable tool for those who want to learn more through reading.”
Sherman said there will be book nooks set up in his other Piggly Wiggly stores in Hardeeville and Port Royal, and he is hoping to take the program to his store in Walterboro.
Norris said the group hopes that making the books available will encourage children to read for enjoyment. She said the group was grateful to Sherman for his support and encouragement. The group made more than 300 fliers to put into shoppers’ bags to get the word out about the book nook.
“I am thankful they reached out to me,” Sherman said. “We look for every opportunity to work with the community and this is a great opportunity. There have already been some who have come into the store and looked at the books and we plan to reach out to the schools so that they know we are here to help support them.”


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A modern version of Apple's Touch ID technology might be coming, but only on 2021 iPhones
The Galaxy S10+ is one of very many Android devices equipped with an in-screen fingerprint scanner
We're probably still more than a month away from Apple's official introduction of a new iPhone lineup most likely including another two OLED models and a lower-cost LCD variant, but the rumor mill is already in full swing regarding upgrades being prepared for both 2020 and 2021 generations.
via 9To5Mac) to know what the iPhone 13 (name obviously unconfirmed) will bring to the table in terms of biometric recognition technology, and it's something other insiders and rumormongers expected to happen as early as this year. That no longer seems the case, and due to "technical issues", Apple could well decide to delay the return of the beloved Touch ID sensor for another 12 months in 2020.Believe it or not, superstar analyst Ming-Chi Kuo claims (
The future of fingerprint authentication is "invisible"
It's no secret that Apple rarely takes risks on newfangled, immature, unpolished technologies, sometimes waiting a little too long before getting with the times. In-display fingerprint readers have been around for more than a year on high-end Android devices, making their debut in China and gradually expanding worldwide on products from brands as diverse as Samsung, Huawei, Motorola, LG, Nokia, and many more.
The iPhone 8 was the last generation to come with a physical Touch ID button
The problem is these very cool hidden fingerprint scanners are generally not much better than their conventional counterparts. In most cases, they're actually worse in terms of speed, accuracy, and reliability, which is pretty obvious as far as the Galaxy S10 family is concerned. While not as eye-catching as the "regular" S10 and the S10+, the lower-end Galaxy S10e comes with a visible side-mounted fingerprint sensor that works flawlessly almost 100 percent of the time.
Of course, that doesn't mean smartphone manufacturers will go back to traditional methods of scanning users' fingerprints for device and payment authentication purposes. Instead, we should expect the fingerprint-on-display technology to get better with time... or die a painful death as 3D facial recognition takes its place. But the two features can also coexist on the same handset, and something tells us that's what most companies are aspiring to.
A reborn Touch ID and a continuously upgraded Face ID are the security dream
Although Apple doesn't try new things very often, one of its recent high-risk experiments paid off handsomely, as the groundbreaking Face ID functionality on 2017's iPhone X worked really well right off the bat, instantly putting Touch ID fans at ease as far as speed, reliability, and security were concerned. It was then hardly surprising to see the entire 2018 iPhone family snub fingerprint recognition in favor of the super-advanced face scanner that Google is trying to rival with the Pixel 4.
Face ID on the iPhone XS is not perfect, but it's pretty darn close
Naturally, Apple will continue to refine the Face ID experience, but if it becomes accurate enough, a backup in-screen fingerprint sensor is not to be disregarded. Together, the two state-of-the-art biometric recognition technologies could form an unbreakable shield even for the most skilled hackers in the world, not to mention advantages from convenience and ease of use standpoints.
First and foremost, Apple needs to make sure any attempt at reviving and modernizing Touch ID will meet its strict quality standards, which could take up to another 18 months, according to Ming-Chi Kuo. A few currently unresolved challenges reportedly include power consumption, size of the fingerprint sensing area, thickness of the sensing module, and production yield rates, which we're guessing are the exact same problems impacting performance on Android devices.
Advanced face unlock technology is coming to the Pixel 4, but how good will it be?
That's most likely why Apple can afford to wait and continue to polish the technology behind closed doors. Well, that and the fact Android-using rivals are still so far behind the Cupertino-based tech giant when it comes to implementing Face ID alternatives.

domain: news


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The port city of Charleston in America's Deep South has topped a list of the best cities in the world.
Conde Nast Traveller magazine's readers voted for their favourite cities to travel to in 2019 based on architecture, nightlife, accommodation and food.
Places in America and Japan featured the most in the list, with three each, while European cities also did well.
UK cities were notably absent, while African and South American cities also didn't make the list.
Here are the top 20 cities to visit in the world:


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DeviantArt premium subscribers have received notifications that their work is available in NFT format – a way to trade originals of any digital culture by adding a unique crypto-tag to them. This is how the Nyan Cat GIF and the work of 3D artist Beeple (Mike Winkelmann - Beeple Crap) were sold. The price tags for such works can reach tens of millions of dollars. Not surprisingly, scammers are trying to capitalize on the popularity of such trading.
All the best about Games, Movies and Technologies
Payment provider Xsolla secretly analyzed the activity of all its employees in Russia due to remote work. And decided to fire about 150 of them because of "low activity", which could be reasonable, but illegal, says HR professionals.
It was expected that Unreal Engine 5 will become available only by the end of this year, but the Epic Games team has pleased us with an amazing announcement – you can try out the preliminary build now. In the meantime, let's figure out what innovations the update has brought!
The popular RPG Divinity: Original Sin 2 from Larian Studios is now available on iPad OS. The game supports split screen mode and popular gamepads, so two players can fight evil together on the same device.
It took almost two years for the original idea to come together: Godot Engine version 4.0, as well as 3.4 will have the full support for 64-bit files and computations. This means that instead of 2.1 Gigabytes, you will be able to use files up to 9.2 · 10⁹ Gigabytes in size.
Battlefield 6, judging by the known information, will take players to the future – this was also confirmed by the first screenshots from the trailer. As far as we know, the legendary series from DICE studio promises to balance modern and futuristic weaponry, and the novelty, according to rumors, will look more like the Final Stand DLC for Battlefield 4, than Battlefield 2142 sequel.
After a year of exclusivity in a dark and cold place that can't be named, Snowrunner is gonna be finally fully released on PC. The popular series of simulators from Saber Interactive (Spintires and Mudrunner) has been continued with an even more advanced Snowrunner.
The Digital Foundry lab has carried out a detailed analysis of the improved version of Metro Exodus. The original game was one of the first projects with support for ray tracing, and Metro Exodus Enhanced Edition took a step further - the new product does not run on computers without RT-acceleration support. But for the owners of new video cards, a lot of advantages are expected!
The popular science fiction anthology "Love. Death. Robots" was released in 2019 and immediately gained cult status. Not all episodes turned out to be equally good, but most of them were remembered for both unique style and vivid plots. NETFLIX has now prepared an official trailer for Season 2.
Given the popularity of Roblox, it's no surprise that Core Games more advanced 'No-Code' sandbox has united a huge audience in a matter of months. Now the amazing tool is out on the Epic Games Store / EGS. And this is great, because game creators from the community will be able to make money on the new project.
At NVIDIA GTC 2021, the Unity game engine team announced native DLSS support, that will be available for all users since version 2021.2. DLSS is a smart image processing technique to get high resolution output from a low resolution source. The quality is slightly worse, that what native resolution can produce, however, the frame rate rises significantly.
For over five years, Amazon has been developing its own fork of CryEngine, flavored with AWS services. Over the years, Lumberyard has moved away from its origins and now it's time to change the render: meet a completely new physically-based Atom render.


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We’ve been constantly discussing the impact Amazon will have on the retail space in Australia. Recently, the New York Times suggested that ad buyers should be responsible for keeping media alive.
Well, the same ways retailers need to adapt, embrace technology and innovation in order to be more competitive and succeed, with tools such as competitor price monitoring, the media industry should be looking at this issue from a different angle.
Alex Tselios, founder of The Big Smoke, gave her views on the topic today on AdNews suggesting that it’s not the ad buyers’ obligation to save media, but it’s medias themselves that should be focusing on innovating and adapting.
Invigor’s Commercial Director, Les Cohen, says:
“Digital has changed the retail world, and with that, comes the obligation of retail itself to leverage technology and data to give itself the best chance against data-driven giants like Amazon. As the list of failed retail businesses continues to grow, it is understood that retailers must harness the power of data in their ecosystem, rather than fight for a model that cannot compete.”
Alex says she doesn’t see why for-profit media should be seeking reader donations when there are still models that drive revenue. TBS actually uses technology to harness multi-channel results for their clients, producing native advertising that is of value to their clients and readers.
However, they believe the model doesn’t stop here and it will continue to change and evolve and it’s their obligation to adapt in such an innovative market environment. Read the entire article here.


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Engineers from the Technical University Munich have created a new supercapacitor which is highly efficient and sustainable.
Researchers from UC Santa Cruz and Lawrence Livermore National Laboratory have 3D-printed a supercapacitor electrode that is breaking performance records.
Supercapacitors have always relied on carbon to function -- until now. See how scientists are redesigning these devices to provide a practical resource for alternative energy.
A team of researchers at the University of Central Florida have developed a way to transmit and store electricity in electrical cables. Previously, only electrical cables have been able to transmit electricity and not store it.
A team of researchers from Vanderbilt’s Nanomaterials and Energy Devices Laboratory have created a new device that can store and discharge large amounts of electricity, while the device is exposed to vibrations... Read More...
Researchers at Rice University created a flexible material that combines the characteristics of a high-energy battery and high-powered supercapacitor that has potential use in portable, wearable electronics.


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Originally scheduled to release this Saturday, May 17th, it appears that Nike has pushed back the release date to Saturday, May 31st. The same goes for the new Nike LeBron 11 “Everglades” iD option on NikeiD. On the other hand, other retailers such as FootLocker, FinishLine and Footaction are still on schedule for this Saturday, the 17th.
Nike LeBron 11 “Everglades”
Colorway: Black/Metallic Silver-Wolf Grey-Atomic Mint
Product Code: 616175-006
Available: 05/31/14 (via Nikestore)


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Speculations have been running wild as of late in regards to the sixth-generation Mustang, and one of the biggest unknowns that has been speculated upon is its reveal date. Well, speculate no longer TopSpeed faithful, as Ford has backhandedly announced the 2015 Mustang’s reveal date: December 5th, 2014.
That’s right, the above video, which you can find on the Mustang YouTube channel, doesn’t reveal too much, but the video’s description sure does clear up the date issue. The first line reads "On December 5th, Ford will take the cover off the all-new Mustang..." Mark the date, ladies and gentlemen, because this is the date that we find out if Ford will repeat the Mustang II remake or if it will be the model’s savior, like the Fox Body generation.
For you drama kings and queens that just can’t get enough speculation on the new Mustang, you can rest easy because Ford released no information on the new Stang, nor did it announce where it will unveil the sixth-gen Mustang. This gives us plenty to speculate on for the next 17 days...
Click past the jump to read more on the 2015 Mustang.
Speculation is still a big part of the new Mustang, but we do know that it will hit the market in time to celebrate the models 50th birthday. We have also learned that it will gain an independent rear axle, ditching the archaic live-axle setup, and that it will get a more global design.
Under its hood, the 2015 Mustang will initially come with the same engine lineup as the 2014 model, but over the course of the year a new EcoBoost 2.3-liter engine and a few hot V-8s will roll into the restyled body.
Stay tuned for more info!


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Dell announced Tuesday that it is extending its storage products marketing relationship with EMC for another five years.
Appearing on stage at Dell's Technology Day in New York, Dell President and CEO Kevin Rollins announced the deal.
The relationship, which began in October 2001, allows Dell to market EMC products and develop its own arrays based on EMC technology.
As evidence of how well the partnership is doing, EMC Chairman, President and CEO Joe Tucci said that since EMC and Dell joined forces in 2001 they have overtaken HP in the midtier storage market based on revenue share (29 percent to 24.7 percent).
"We'll do whatever we can to gain another 21 points of market share," he said.
The companies now have more than 34,000 Dell/EMC systems in the marketplace.
Dell offers four SAN arrays -- the Dell/EMC CX3-80, the CX3-40, the CX3-20 and the CX300. The company also markets the EMC NS500G network-attached storage gateway and the Dell/EMC AX150 and AX150i. The companies also partner for storage services and software, such as replication.


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The General Manager of Mobile Money Limited, a subsidiary of MTN Ghana, Eli Hini, says the role of the Ghana Interbank Payment and Settlement Systems, GhiPSS in the country’s payment system has to be properly defined.
According to Mr. Hini, there is a lack of clarity regarding what functions GhIPSS performs especially with the passage of the Payment Systems and Services Act, which is to regulate the activities of payment services providers among others.
In an interview with Citi Business News, Mr. Hini argued that, when clarity is provided, it will help the industry’s development.
“Just like we have defined Electronic Money Issuers and what they can do, financial technology companies etc., the role of GhIPSS needs to be properly defined so that we understand what they are expected to do and they are not to do; and what they add to the whole Payment Systems and Services Act implementation.”
“As an industry, that conversation needs to be had. We need to make sure that we have clarified everything with their role so we avoid any ambiguity in that matter,” he added.
The confusion surrounding the role of GhIPSS stems from the fact that while the company operates payment and settlement systems, which it offers to banks and mobile network operators at a fee, the company also remains a player in the payment space where it offers its own products.
These products, industry watchers, lament compete against the very companies that GhIPSS seemingly regulates, leading to a situation where the company is a regulator as well as a player in the same space.
These concerns follow arguments that GhiPSS, which is 100 percent owned by the Bank of Ghana, must be offloaded to industry players such as the banks and mobile network operators just as it is done in other jurisdictions like Nigeria.


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Chinese consumers shopping abroad made nearly half of all the world’s luxury good purchases in 2014, according to Beijing-based private research firm Fortune Character Institute.
These consumers spent a total of 1.2 trillion yuan ($183 billion) outside of China last year, with $116.8 billion of that going toward branded luxury products, reports China Daily.
More than 60 percent of Chinese tourists purchased high-end products abroad and their purchases accounted for 46 percent of global luxury sales.
Wealthy Chinese prefer to purchase luxury items abroad to avoid high tariffs and counterfeits in their own country, reports Asahi Shimbun.
The government said that more 120 million Chinese tourists took trips outside the country in 2014 and their overseas purchases made up at least 12 percent of global spending.


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The Securities Commission of the USA has accused Elon Musk of manipulation with the market, having written out a fine of 20 million dollars and the requirement to leave a post of the chairman of the board of directors of the company. What will be farther with the famous producer of cars? Elon Musk. Photo: Zuma\TASS Elon Musk belongs to that type of businessmen whom it is accepted to call "excentric", and it plays with him a mean joke already not for the first time. In particular, he is known that he doesn't suffer that his activity was called in question: for the head of large corporation not the best line. So, at a March conference with analysts he has refused to answer a question of the decreasing capitalization of Tesla. "Forgive, following, boring and idiotic questions aren't interesting" — Musk has told. Right after this trick of a stock of the company have dropped by 5,6%. After a while falling has happened after an April Fools' joke of Musk in Twitter that Tesla is ruined. It is possible that the next entertainment about redemption of stocks will be somewhat fatal to the company, the partner of Genesis Tech Capital fund, the consultant in the field of corporate management Alexander Filatov:aleksandr Filatov the partner of Genesis Tech Capital fund says, the consultant in the field of corporate management "Elon Musk behaves as the owner and the CEO of a startup. What is allowed to a startup is unacceptable for the public trading company. Of course, it was a mistake. He has confirmed the ability to be highest, it will be pleasant to someone, to investors — no. The public market is rather conservative, investors who invest in stocks of the company it is the large pension funds. They expect adequate behavior from heads of all levels. Especially heads who comment on such sensitive element as the price of redemption of stocks of the companies". Sharp growth of value of the stock of Tesla has begun five years ago, instutsionalny investors have believed in her prospects. But even such conservative investors as the pension funds are tired to invest of a year a year in prospects against the background of constant losses. Other indicators are well familiar to them. In spite of the fact that in commercials of Tesla shows robotic production, in the company about 37 thousand people work. Counting on one worker a year, the plants of the company make seven times less cars, than such producers as GM or Toyota, that is much lower labor productivity is available. The belief that the company has a future still kept only on personal charisma of Musk, the partner of the analytical agency "Avtostat" Igor Morzharetto:igor Morzharetto the partner of the analytical agency "Avtostat" "Shares the opinion the authority of Tesla keeps not only that she manages to sell very expensive, not practical enough still cars, but also on Elon Musk's authority. Now the situation was created rather fragile, I have fears that finally someone from monsters can buy the company and be engaged already at other level in production of electric vehicles because
In "The seventh studio" "Joker" appeared
Date: 2019-01-17 15:00just now
The witness claims that he personally knows defendants and also allegedly he at the request of Maslyaeva found a way to cash money Defendants in the case of "The seventh studio" Yury Itin, Sofya Apfel...
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Ford plans to carry out mass reductions
Date: 2019-01-14 02:004 days ago
The company is going to reorganize business in Europe, Bloomberg tells. Some enterprises, according to the head of Ford, can be closed the Ford Logo at an entrance on the plant to Bordeaux. France. Ph...
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Statistics of modern times
Date: 2019-01-15 10:002 days ago
Before were analyzed generally this on supply and demand, often without macroeconomic parameters. Perhaps, now industry members should change approach of the Photo: Sergey of Bobyliov/TASS It is known...
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Why new iPhone three cameras?
Date: 2019-01-12 16:005 days ago
The smartphone which, presumably, will leave in the fall of 2019 will continue a trend of the market in which there are already models with three cameras of the Photo: Aly Song/Reuters of Apple in the...
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The Agricultural Growth Act was enacted in February >
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GMOs, genetically engineered products, Frankenfoods: Whatever you call them, they’re an emotive topic >
The Alberta Farmers’ Market Association lists 89 markets on its website >
Alberta’s beekeepers have to contend with long winters, harmful pesticides and dangerous pests – oh, and run a business while they’re at it >
A year ago, the Calgary Co-op resolved to phase out “intensive confinement cages” for pigs and chickens. But it’s just not that easy >
How the traditional practice of turning honey into wine is finding new life >
Despite two rulings in Canada’s favour at the World Trade Organization >
“Organic,” “free range,” “raised without hormones”: Albertans are inundated with claims about the origins of their food >
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Apple faces delay in bid for ban on U.S. sales of Galaxy Tab 10.1
A District Court said that the jurisdiction in the matter is still with an appeals court
IDG News Service - Apple's bid to get a ban on sales in the U.S. of Samsung's Galaxy Tab 10.1 tablet has been delayed after a federal court in California said on Monday it could not rule right away on Apple's request for a preliminary injunction, while the matter is before an appeals court.
The company moved the U.S. District Court for the Northern District of California, San Jose division last month for a preliminary injunction prohibiting Samsung and its U.S. subsidiaries from infringing Apple's D504,889 patent (D'889 patent), including by selling in the U.S. the Galaxy Tab 10.1.
In a May 14 opinion the Court of Appeals for the Federal Circuit had concluded "that Apple had shown that it was likely to suffer irreparable harm from the sales of Samsung's infringing tablets," and disagreed with the District Court's conclusion that Apple had failed to show that it was likely to succeed on the merits, according to a filing by Apple.
The appeals court remanded to the District Court to assess the balance of hardships and public interest factors.
Apple filed in July last year for a preliminary injunction against the Galaxy Tab 10.1 tablet, which had been released about four months earlier, as well as several Samsung smartphones. It alleged that Samsung had infringed the D'889 patent, as well as a utility patent.
District Judge Lucy Koh said Monday that the court determines that it may not rule on Apple's request for a preliminary injunction prior to the issuance of the mandate from the Federal Circuit.
On May 29, Samsung filed a petition for rehearing of the panel decision. Until the Federal Circuit decides Samsung's motion, the three judge panel, or the Federal Circuit sitting en banc, may rehear the matter, alter or amend the opinion, or otherwise change the scope of issues that must be addressed on remand, Judge Koh said.
"It would create confusion to rule on the preliminary injunction motion, only to have to reconsider the issue should the panel, or the Federal Circuit, decide to alter, amend, or reverse the opinion," she added.
The judge said Apple can renew its request for a preliminary injunction once the appeal court issues its ruling.
"This Court should enter a preliminary injunction forthwith to protect Apple from additional irreparable harm," Apple had said in its filing.
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The upcoming Nintendo Switch OLED, a revised version of Nintendo’s hybrid system with an upgraded screen and other minor adjustments, will be a particularly interesting hardware launch for companies across the industry.
As has already been well documented, the Switch OLED will retail at a price point $50 USD higher than the original model, despite the fact that it fails to offer any true performance improvements over that machine. A report has recently suggested that the new OLED model only costs Nintendo around $10 more to produce per unit, however, meaning that the company looks set to gain an extra $40 gross per sale should the console be a success.
Historically, when a games console has been on the market for four to five years like the Switch, we’re used to seeing price cuts or significantly improved hardware revisions to keep the sales rolling. The OLED will of course break this trend, instead upping the price; presumably, Nintendo believes the Switch’s impressive momentum will remain high for a good while yet, perhaps even rising rather than declining.
Either way, the rest of the industry will be watching. According to a report in The Japan Times (membership required), Ace Research Institute analyst Hideki Yasuda has said that if this move from Nintendo is successful, it “could set a precedent for charging more across the industry.” The same report also notes that PlayStation is “closely monitoring” the market response to Nintendo’s strategy, according to a PlayStation official who wished to remain anonymous.
It’s hard to say just how well the Switch OLED will perform at this stage – fan and analyst reaction has been mixed so far, and Nintendo’s shares are down “roughly 5%” since the console’s reveal – but if the sales keep coming, why wouldn’t Nintendo choose to make more profit? And perhaps more worryingly, why wouldn’t other gaming giants opt to follow suit in the future?


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Volvo Achieves NHTSA and IIHS Standards 11 Years Ahead of Schedule
Auto News / Auto News
Date: Mar 17, 2016 - 03:49 PM
Volvo Achieves NHTSA and IIHS Standards 11 Years Ahead of Schedule|
Today the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) announced an agreement between major automakers to make Automatic Emergency Braking standard on vehicles by 2025, something Volvo has been doing since 2014.
“Automatic Emergency Braking is a critical part of our Vision 2020, which states that no one should be killed or seriously injured in a new Volvo by the year 2020,” said Lex Kerssemakers, President & CEO of Volvo Car USA, “thousands of Volvo owners have already realized the benefits of this technology.”
In January 2016, a report conducted by IIHS showed that City Safety, which includes Volvo’s Automatic Emergency Braking function, reduced rear-end collisions by 41% and injuries to occupants by 47%.
Volvo continues to develop new safety technologies and make them standard in order to achieve the company’s Vision 2020. Recent technologies include:
• Large Animal Detection with Automatic Braking, a world first safety innovation, will warn the driver about large animals entering the roadway and stop the vehicle to avoid an accident. This technology will be on the 2017 S90 and XC90
• Cyclist and Pedestrian with Automatic Braking provides advanced warning and automatic braking when cyclists or pedestrians are present in the vehicle’s lane of travel. This feature is available on all Volvo models.
• Intersection Auto Brake debuted with the 2016 XC90 and is another world-first safety technology that prevents a Volvo driver from steering into oncoming traffic at an intersection via automatic braking.
This article comes from PaddockTalk
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The Bank of Japan is determined to cheapen the currency of the world’s third-biggest economy. Who might be the winners and losers, both at home and abroad?
On Friday, the yen ended trading with its first two-week decline since May on speculation of further monetary stimulus at the Bank of Japan’s (BoJ) July 29 policy meeting.
Despite policymakers’ hopes, the yen has actually strengthened by around 14 percent this year against the dollar, due to its “safe haven” status in the wake of geopolitical shocks such as Brexit. Meanwhile, both retail and consumer prices have slid in recent months, with analysts pointing to a persistent deflationary mindset.
While BoJ Governor Haruhiko Kuroda has dismissed the notion of using “helicopter money” to spur spending, he has stressed his willingness to ease policy further if required to achieve the central bank’s 2 percent inflation target.
“If the economy’s [recovery] trend continues, leading wages and prices to rise in a virtuous cycle, which is continuing, prices will eventually rise to the 2 percent price stability goal,” Kuroda said Saturday at the G20 meeting of finance ministers in China.
“We always examine risk factors for the economy and prices and will take additional easing steps if necessary to achieve the price stability goal. I’ll explain that together with Japan’s economy, prices and monetary policy at this meeting.”
According to Reuters, a majority of economists expect the BoJ to ease policy further at its next meeting.
“The yen should still be a sell in the run-up to the BoJ and supplementary budget announcements,” Mizuho’s Neil Jones told Bloomberg News.
“While there’s a risk of no change in policy on July 29, I still think it’s just a matter of time before there’s further stimulus for Japan.”
The benefits of a weaker yen include higher profits for exporters, given that North America accounts for around a quarter of Japanese listed companies’ profits, according to WisdomTree Japan’s Jesper Koll.
Other benefits include greater investment and higher wages in export-related sectors along with rising stock prices, while the imported inflation from a cheaper currency also boosts efforts to combat deflation, particularly in the wake of cheap oil prices.
Conversely, the losers from a falling yen include importers and workers in non-export sectors, which face potentially higher prices at the supermarket without enjoying extra cash in their pay packets. This is reflected in opinion polls showing despite majority support for Prime Minister Shinzo Abe’s Cabinet, only a third are confident that Abenomics will lift the nation’s economy out of its funk.
Nevertheless, with both fiscal stimulus of up to 4 percent of gross domestic product and further monetary easing in the pipeline, the side effects will reverberate around the world.
According to Koll, Japanese capital has already “flooded” global markets in the past year as Japanese investors chase higher yields overseas. In the four months through April, Japanese investors bought about $110 billion worth of global securities, “the biggest amount of net buying in any four months period on record,” following up from $230 billion worth of net buying for calendar 2015.
“Clearly, negative rates at home are working to push Japan money out into the world,” Koll said.
Indonesia, South Korea Most Affected
For Asia though, ANZ Research has identified a number of winners and losers from a cheaper yen.
“Indonesia stands out amongst the ASEAN economies as the clear ‘winner’ from a successful Japanese reflation given that its exports are highly leveraged to Japan’s domestic demand, as indicated by its high reading of the trade complementary index,” the Australian bank said in a July 22 report.
“By contrast, South Korea’s exports would be less competitive than Japan’s should yen weakness persist given its high export similarity with Japan. Significant yen depreciation (whilst not our base case) amid the current bout of soft external demand and subdued global trade flows would put pressure on Asian currencies and further complicate monetary policy in this region.”
Asian economies that are net importers from Japan would benefit from paying cheaper prices for Japanese goods. These include Singapore, South Korea, Taiwan and Thailand. However, net exporters, particularly Malaysia and the Philippines, could lose as Japanese firms are required to pay more for their goods.
India though would remain “largely immune” to a weaker yen, since despite being a net importer, only 2.3 percent of its trade is conducted with Japan.
Yet despite a potentially weaker currency, the “hollowing out” of Japanese industry could still continue, ANZ said.
Japanese outward foreign direct investment (FDI) is expected to continue into Asia, as Japanese firms move parts of their operations offshore to maintain competitiveness and in response to rising Asian demand for consumer goods, the report said.
“In fact, the pace of outward FDI from Japan might gather steam as economic growth and corporate profitability return to Japan. Moreover, with the proliferation of regional and bilateral investment agreements to increase investment flows, liberalization of formerly protected sectors, and improved quality of infrastructure in emerging Asia, Japan’s outward FDI into Asia will continue to increase in the years ahead,” ANZ said.
For Asian currencies, the currencies of Singapore, South Korea and Taiwan are considered “the most sensitive to yen movements,” while the Indian and Indonesian currencies should “stay resilient, especially should Indonesia be able to leverage off any pick-up in Japan’s domestic demand.”
Yet should Kuroda fail to deliver, further yen appreciation could hit Japanese companies’ profits, ANZ warned.
The banks’ economists said recent yen strength had caused “massive concern” for Japanese companies, particularly those with large investments in China, where the combination of a weak yuan and strong yen had a “double whammy effect.”
“Anecdotally, many Japanese companies have used 105 [yen to the dollar] in their budgeting and planning processes. Hence, any level [toward] 100 or lower will have a material impact,” ANZ said.
Changing expectations after two decades of deflation has not proved easy for Kuroda, despite the record stimulus delivered under Abenomics. But with the world economy still struggling to pick up speed, a stronger Japanese economy would be welcomed, despite its currency side effects.


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A gap for vegan food in Costco has been found in a new report launched by FAIRR (Farm Animal Investment Risk and Return). The supermarket chain has been identified in the report discussing alternative proteins and the growth and sustainability of proteins.
In the report FAIRR say: “Costco does not address risks associated with its livestock supply chains”. The report continues by talking about the number of rotisserie chickens sold by the company in the US, 83 million, and how the company has not acted upon the environmental impact of livestock, and that there are not any plans to add to their alternative proteins range.
The report says: “Costco has no plans to diversify its protein offerings: Unlike most other retailers in our engagement, Costco’s private brand label, Kirkland Signature, offers only a limited range of dairy substitutes – indicating that alternative proteins is not an area of focus for the company’s product development teams.
“While Costco offers a wide range of external plant based brands, its website does not clearly categorise items as such. Costco has said that it has not received substantial demand from customers to expand these offerings. In the absence of that demand, Costco currently does not plan to do so.”
Tesco was identified as the leading retailer for tackling livestock emissions, acknowledging the risks related to protein consumption and that “plant based diets will be necessary to meet its supply chain targets.” They are also leading the way for product development in response to consumer demand with the release of the Wicked Kitchen brand, with the media coverage and marketing of the brand appealing to people of all diets, not just vegans.
Nestlé was recognised as being a leading manufacturer due to their strong research and development network that are focused on protein innovation, including plant proteins.


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The Samsung Galaxy line is nearing its tenth anniversary and Samsung is treating its US fans to some sweet deals. Looking back, we’ve come a long way from the Galaxy Spica days and a decade down the line Samsung has solidified itself as the top manufacturers in the Android realm. Now those who are considering one of Samsung’s latest phones have some extra benefits to go along with their purchase.
The promotions are valid until June 30. Samsung warns that the Galaxy Buds supplies are limited so if you want to take advantage you’ll have to act fast.
you shouldn't need to google to know, stop acting like you are too good for it. go back to the cave
youtube premium lmao i dont even wanna google wtf is that.
the statement should read Nokia used to be King that no longer is true. There were high hopes for them when they came back as they were sticking to a near stock Android experience. But they have not produced a phone that is worthy of them yet. Samsun...


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The first quarter of 2011 gave way to a huge rise in the amount of gaming content that users purchased. In fact, a total of $1.85 billion was spent on gaming content throughout the first quarter of 2011, including the purchase of mobile gaming applications for unlocked iphone 4. Included in this was the physical video and PC game hardware that is used to play the games. This number identifies more than 31% of the total spending on video games in the United States totaled 25.9 billion in the first quarter of 2011.
It will be interesting to see how the gaming industry continues to grow, especially with the growth that we have seen since the release and rise to popularity of the various smart phones and mobile devices in recent months. The nonstandard gaming purchases include game rentals, the subscriptions to various gaming services; full digital downloads of games, social networking games, and downloadable content. It will be interesting to see how quickly to gaming community continues to rise in terms of overall spent for each quarter.
It is clear that for most, gaming has become way to escape reality and the harsh reality the current state of the economy. Users that are looking to find a way to kill some time, often five purchasing gaming hardware and actual games is a great way to kill time. However, finding the game that they like to play maybe a bit more difficult than you think.
It will be interesting to see how the games continue to expand into the mobile gaming market moving forward and become one of the largest gaming markets out there and you can only expect it to continue to expand in the future. As nonstandard gaming purchases continue to rise in popularity, you can bet that overall gaming fans will increase as well. Console gaming is not going anywhere anytime soon, and PC gaming is just as popular as it ever was.


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UPDATE: Dow adds 100 points, stocks manage weekly gains as retail sales, consumer sentiment rise
By Mark DeCambre and Andrea Riquier
U.S. stock benchmarks closed mostly higher Friday, with gains partly attributed to better-than-expected retail sales in September, along with an improvement in consumer sentiment, relieving some fears about a slow economic recovery.
Wall Street sentiment was also supported by news that a Pfizer vaccine might be submitted for approval by next month, even as the spread of the viral outbreak has forced some restrictions on business and travel in major European cities.
The Dow Jones Industrial Average added 112.11 points, or 0.4%, to close at 28,606.31; the S&P 500 index tacked on 0.47 points to reach 3,483.81; and the Nasdaq Composite Index lost 42.32 points, or 0.4%, to settle at 11,671.56, after earlier hitting a peak at 11,827.42.
On Thursday (https://www.marketwatch.com/story/dow-futures-skid-over-250-points-lower-amid-lack-of-stimulus-renewed-coronavirus-lockdowns-in-europe-11602762295?mod=market-snapshot), the Dow fell 19.80 points, or 0.1%, to 28,494.2, but well off its intraday nadir of 28,181.54; the S&P 500 index finished down 5.33 points to end at 3,483.34, a drop of 0.2%, while the Nasdaq Composite Index slumped by 0.5%, a fall of 54.86 points to 11,713.8.
For the week, the Dow eked out a 0.1% gain, the S&P 500 rose 0.2%, and the Nasdaq Composite advanced 0.8%.
The stock market on Friday snapped a three-session skid to end a choppy week, with a report on U.S. retail sales suggesting consumer spending is more resilient than expected in the midst of the worst pandemic in more than a century.
U.S. retail sales in September rose 1.9% (https://www.marketwatch.com/story/us-retail-sales-surge-19-in-september-in-show-of-strength-for-the-economy-2020-10-16?mod=mw_latestnews), compared to consensus estimates from economists polled by Dow Jones for 0.7%, underscoring that consumers, the lynchpin of economic health, continue to buy amid the viral outbreak that has hobbled the economy for months.
"Amid a stagnating labor market, the jump in retail sales this month suggests consumer strength is pretty robust--with the highest number we've seen in three months," wrote Mike Loewengart, director investment strategy at E-Trade Financial, in a Friday note.
"The momentum on that front could be a positive for the market as investors look for signs of recovery. That said, it remains to be seen if this is an outlier or trend," he wrote.
Meanwhile, Pfizer Inc.'s (PFE) announcement that it could have a late-stage experimental coronavirus vaccine ready (https://www.marketwatch.com/story/pfizer-could-know-if-covid-19-vaccine-candidate-is-effective-by-end-of-october-11602845204) for emergency-use authorization by late November--if it proves successful in trials--provided another lift to markets that have been dogged this week by reports of the spread of the viral pandemic inside and outside the U.S.
More than half-a-dozen states, including Ohio and Michigan, reported record numbers of new coronavirus cases Thursday, pushing the U.S.'s single-day total above 60,000 for the first time in over two months, the Wall Street Journal reported (https://www.wsj.com/articles/covid-19-battle-to-intensify-as-winter-sets-in-11602840602?mod=hp_lead_pos7).
Read:Coronavirus tally: Global cases of COVID-19 38.9 million, 1.09 million deaths and U.S. nears 8 million cases (https://www.marketwatch.com/story/coronavirus-tally-global-cases-of-covid-19-389-million-109-million-deaths-and-us-nears-8-million-cases-2020-10-16)
White House and Democratic negotiators agreed to include a national coronavirus-testing strategy in relief legislation, but Senate approval for any large-scale stimulus is unlikely (https://www.marketwatch.com/story/mnuchin-says-white-house-may-give-ground-on-testing-language-in-coronavirus-stimulus-talks-11602768483), even as President Donald Trump pushed Senate Majority Leader Mitch McConnell to "go higher" and push forward a more expansive package than the White House's current $1.8 trillion offer.
Pre-election fiscal stimulus would be "a nice-to-have," said Michael Stritch, chief investment officer at BMO Wealth Management. "I don't know if it's a need-to-have. Without additional stimulus, we will continue to make progress but it will be a little more uneven and lumpy. "
There are also many possible outcomes from the upcoming November election, Stritch said in an interview. "It's hard to make big bets ahead of that."
See: What will put the final nail in the fiscal stimulus coffin? The calendar, maybe (https://www.marketwatch.com/story/what-will-put-the-final-nail-in-the-fiscal-stimulus-coffin-the-calendar-maybe-11602873138?mod=mw_latestnews)
Even as some market participants have rotated toward value stocks and cyclical trades, "We have yet to embrace the cyclical part of the story," Stritch said. "We want to make that move but we just have to see that consistency. We're in the wait and see camp."
In other economic reports, a reading on U.S. industrial production came in weaker than expected (https://www.marketwatch.com/story/us-industrial-output-declines-unexpectedly-in-september-2020-10-16?mod=mw_latestnews), (ttps://www.marketwatch.com/story/us-industrial-output-declines-unexpectedly-in-september-2020-10-16?mod=mw_latestnews)dropping 0.6% in September, compared against an expected increase based on average economist estimates for a rise of 0.5%.
Some took that as as sign of weakness in the economy despite the strong retail sales report. "Industrial output came in well below expectations, one of the first real signs that the recovery is losing momentum under the weight of the ongoing health crisis and fading support from fiscal relief," wrote economists at Oxford Economics in a Friday report after the data.
Meanwhile, a preliminary reading of consumer sentiment index edged up (https://www.marketwatch.com/story/consumer-sentiment-inches-higher-in-early-october-but-so-does-economic-unease-11602858328?mod=mw_latestnews)to 81.2 this month from a revised 80.4 in September, the University of Michigan said Friday.
The yield on the 10-year Treasury note was up around one basis point to 0.739% after the strong retail sales report (https://www.marketwatch.com/story/treasury-yields-push-higher-after-stronger-than-expected-u-s-retail-sales-11602852199?mod=mw_quote_news). Yields and bond prices move in opposite directions.
In global equities, Hong Kong's Hang Seng Index (https://www.marketwatch.com/investing/index/HSI?countryCode=HK&mod=MW_story_quote) closed 0.9% higher and Japan's Nikkei 225 declined 0.4%, China's Shanghai Composite Index finished up 0.1%.
In Europe, the pan-European Stoxx 600 Europe closed up 1.3% and London's FTSE 100 gained 1.5%.
Gold prices (https://www.marketwatch.com/story/gold-prices-rise-but-head-for-weekly-fall-as-dollar-firms-11602850943?mod=metals-stocks) settled lower, down 0.1% at $1,906.40 an ounce. It was the first weekly decline for the precious metal in three weeks. Oil futures (https://www.marketwatch.com/story/oil-prices-fall-as-u-s-benchmark-clings-to-weekly-gain-11602850814?mod=futures-movers)fell, with West Texas Intermediate crude for November delivery, down 8 cents, or 0.2%, to settle at $40.88 a barrel on the New York Mercantile Exchange.
The greenback was 0.2% lower on Friday, based on the ICE U.S. Dollar Index , but was on track for a weekly gain of 0.7%.
Read: Stocks have 5% more upside this year, according to this measure, which has been right since March (https://www.marketwatch.com/story/stocks-have-5-more-upside-this-year-according-to-this-analysis-which-has-been-right-since-march-11602859005)
-Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
October 16, 2020 16:22 ET (20:22 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.


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Fiat commences petrol engine production
This plant has been producing the 1.3-litre Multijet diesel since July this year, which is being fitted onto the Tata Indica Vista and will also be available in the Linea in a more powerful version. Currently this engine has a localisation level of 70 to 80 percent, which Fiat expects to take to 100 percent by 2010.
Mahindra Oja lightweight tractor platform global launch on August 15
M&M’s all-new lightweight global tractor platform will have four sub-tractor platforms – sub- compact, compact, s...
Tata Motors rolls out 200,000th Punch 20 months after launch
Launched on October 18, 2021, the compact SUV has punched above its weight and has become Tata Motors’ second best-selle...
India Auto Inc sees 13% higher production at 26 million units in FY2023
Robust domestic market demand for passenger vehicles sees OEMs register best-ever production numbers; CV output crosses ...


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Former NCCAM director now consulting
This article was originally published in The Tan Sheet
Tampa-Fla. based Calgenex Corporation announces Sept. 14 Joseph Jacobs, MD, has joined the company as Consulting Medical Director. Jacobs, the first director of what it is now NCCAM, joins the firm to fight the effects of soft tissue calcification and inflammation, the firm says. "I think the folks at Calganex are onto something very exciting that may improve the lives of millions," Jacobs says. Calganex CEO and President Grant Carlson says, "As a consulting medical director he will help guide the clinical development of our products and communicate our message to both the medical community and the general public." Jacobs received his medical degree from Yale University and completed his residency at Dartmouth-Hitchcock Medical Center. Calganex was founded in February 2006...
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Pain relief product sales grew 27% and upper respiratory sales 35% for the week ended 7 March as consumers respond to COVID-19, according to Nielsen data noted in a Jefferies report on consumer health purchasing trends. Private label market share is up slightly, while OTC purchases continue primarily in conventional stores.
Managing partner Corey Goodman said venBio didn’t have trouble closing its fund, because the venture capital firm prepared its investors for an economic downturn months ago.
The US FDA has proposed moving two categories of hepatitis C diagnostics to class II from class III because they pose relatively low risk.


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Who doesn’t love pizza? The UM Tokyo team recently won Domino’s Pizza Delivery account.
Founded in 1960, Domino’s Pizza is recognized as the world leader in pizza delivery – serving up over I million pizzas daily. Although headquartered in the U.S., the company boasts operations in over 70 countries with global sales of more than $3.8 billion. Tokyo will be handling Buying and Analytics for the international pizza company.


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ROSEMONT, IL, September 25, 2019 – For three days in October the Donald E. Stephens Convention Center in Rosemont, IL will host thousands of manufacturing professionals and engineers who will have access to two important industry events - The ASSEMBLY Show and The QUALITY Show. Both events, produced by BNP Media, will take place Tuesday, October 22 to Thursday, October 24, 2019 and attendees will have access to over 500 exhibiting companies, and dozens of educational sessions on the show floors as well as a co-located networking event.
"As we welcome thousands of manufacturing professionals to Rosemont, we are certain many will find great benefit in having access to the newest products and services in the exhibit halls of both the ASSEMBLY Show and QUALITY Show," said Scott Wolters, Chief Event Officer, BNP Media. "With the future of manufacturing focused on Industry 4.0, Big Data, Robotics, IIOT, and the Factory of the Future, there is much synergy between manufacturing engineers and quality engineers, and we welcome them to register to attend these two leading industry events."
The 3rd biennual Quality Show, launched in 2015, is dedicated to connecting quality manufacturing professionals with process improvement vendors for all things QUALITY. Thousands of manufacturing professionals and engineers come to network, attend education sessions and take-home actionable solutions that can improve quality in their manufacturing planning. By attending this important industry event, attendees including Quality Managers, Quality Engineers, Corporate Management, and Manufacturing Engineers can explore the latest in inspection, process improvement, and metrology as well as attend the keynote presentation, education sessions that will focus on Big Data, Industry 4.0, Robotics, and Machine Learning and network on the show floor and at an evening networking reception. The Exhibit Hall opens on Tuesday, October 22nd at 1:00 pm with a Happy Hour Welcome Reception from 4-6 pm. The 2019 floor plan is available now, click here to see who is exhibiting. The Show is produced by Quality Magazine (www.qualitymag.com).
The 7th Annual ASSEMBLY Show, launched in 2013, will bring together thousands of industry professionals with over 300 exhibiting companies and will be full of opportunities for manufacturing engineers and managers to uncover new resources, experience equipment hands-on, evaluate the latest assembly technologies and products and connect face-to-face with industry experts. Focused exclusively on assembly, the show will offer five guided Exhibit Hall Tours as well as Learning Theater Educational Sessions, giving attendees a chance to increase their knowledge on assembly technology from leading subject matter experts. Additionally, the Show will feature a keynote speaker, pre-event workshops, networking events and more. The networking events offer a great opportunity for the attendees to make powerful connections with industry elite and solution providers from automotive, consumer products, medical and many other industry sectors. The 2019 floor plan is available now, click here to see who is exhibiting. The ASSEMBLY Show is sponsored by ASSEMBLY (www.assemblymag.com).
Both events are produced by BNP Media , one of the country's leading business-to-business media companies serving industry professionals across 60+ industries through magazines, custom media, e-newsletters, webinars, events and market research.
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Infinix Hot 20 Launch: Infinix has launched its new 5G smartphone Infinix Hot 20 5G in India. This device comes with high refresh rate display, big battery and 5G band support. It has dual cameras and a budget-range chipset. The smartphone has been introduced in the Rs 15,000 segment and will go on sale next week. Although Samsung and OnePlus smartphones are already available in the market with this refresh rate.
Infinix Hot 20 5G price in India
Infinix Hot 20 5G’s 4GB RAM and 64GB storage variant costs Rs 11,999. It has been launched in the market in 3 colors Blaster Green, Racing Black and Space Blue. The device will be available for sale on Flipkart from December 9.
Infinix Hot 20 5G specifications
Inifnix Hot 20 5G comes with a large 6.6-inch drop-notch display with full-HD+ resolution. It has got an LCD panel with 120Hz refresh rate and 180Hz touch sampling rate. There is protection of Panda Glass on the screen of the phone. It has a single camera setup at the front and dual camera setup at the rear. Its back has a 50MP main lens and an auxiliary lens. An 8MP sensor has been given in the front for taking selfies. It has LED flash support on both the front and rear cameras.
It is powered on MediaTek Dimensity 810 SoC. The smartphone comes with 4GB RAM and 64GB internal storage. The device also has up to 1TB of extra storage and 3GB of extended RAM support. The handset also has 18W fast charging, 5,000mAh battery, speakers with DTS audio support, and a 3.5mm audio jack for connecting headphones.
These smartphones of Samsung and OnePlus have 120Hz refresh rate
Samsung Galaxy S21 Ultra is the company’s first smartphone that comes with support for 120Hz refresh rate at 2K resolution. At the same time, Mi 11 Ultra is also the latest flagship smartphone in India with 120Hz display. Vivo X70 Pro Plus has a dual curved edge AMOLED display, which has a 120Hz refresh rate.
Get the more news updates on Tech


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Angel Broking shares gained 20 per cent in intra-day trading after the retail broking house reported the highest-ever quarterly profit, at ₹ 74.47 crore, in the second quarter ended September 2020. At 1:00 pm, the shares were trading higher by 19.30 per cent at ₹ 296.65 on the BSE, after touching an intra-day high of ₹ 298.35. But after being listed on bourses on October 5, the stock is still to surpass its issue price of ₹ 306 per share.
The retail broking house reported profit of ₹ 74.47 crore in the September 2020 quarter, a 47.3 per cent rise compared to ₹ 48.3 crore in the June quarter. Its consolidated revenue from operations grew by 30 per cent to ₹ 309.85 in Q2FY21.


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- The Tanzania Revenue Authority (TRA) is requested to reduce at least 50 per cent of tax estimations to the firms so as to enable them to recover.
Arusha. Businesses here are calling for reduced tax estimation rates to enable them recover from the impact of Covid-19.
“It will help business people to operate. Currently, some businesses have closed down due to failure to generate profit,” stakeholders said.
They said Arusha was one of the regions where Covid-19 had severely impacted businesses, yet tax rates have kept on increasing.
The Tanzania Revenue Authority (TRA) is requested to reduce at least 50 per cent of tax estimations to the firms so as to enable them to recover.
This was recommended during a recent annual general meeting of the Arusha chapter of Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA).
For instance, it was cited, businesses with sales of between Sh11 million and Sh14 million are supposed to be taxed Sh450,000.
“This tax rate is very high. It has to be reduced to at least between Sh300,000 and Sh350,000,” it was recommended.
Equally, the 3.5 percent rate of tax estimation for sales that ranged from Sh14 million to Sh100 million is also considered as “very high”.
If a business has sales of Sh28 million, the exceeded Sh14 million tax rate (3.5 percent of Sh14 million), overburdened the business owner.
The firm owner is forced to pay “a bigger amount of tax” for the excess of Sh14 million than the tax of Sh14 million of the fourth category (Sh11 million to Sh14 million).
It was recommended that the 3.5 percent rate of tax estimation (Sh14 million to Sh100 million) be reduced to at least 2.5 percent.
The proposed reductions, it was observed, would help reduce the burden to the business people who had to grapple with falling sales after the outbreak of Covid-19.
TCCIA Arusha also reiterated its concern on late payments of value added tax (VAT) refunds, saying it stalled business performances.
The chamber said despite the companies’ efforts to submit their audited reports and all other requirements, VAT refunds were still delayed.
“This situation hinders the business performances since the businesses depend on those funds to run their businesses,” it observed.
The chamber insisted paying VAT refunds on time would not only boost business operations but increase the badly needed government revenue.
TRA was also tasked to consider reducing “a lot of taxes” for new small scale firms barely before growing and starting to make profit.
These include tax for processing a license, income tax, excise duty, business license and those associated with regulatory bodies.
“This makes it hard for the businesses to grow and discourages entrance to the market. It rather encourages unregistered businesses,” the meeting pointed out.
It was recommended that there should be a grace period of two years on the payment of the processing license (Sh500,000).
Protection of start-up businesses is set not only to increase investments into the country but also increase government revenue.


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- The People Report
- 2 min read
Google's Sunil Rayan to head Disney+Hotstar
Rayan has spent nearly 7.5 years at Google, his latest role being managing director, Google Cloud for Games. Disney+ Hotstar (previously known as Hotstar) was led by Ajit Mohan till September 2018 when he moved to Facebook India...
In an internal memo to staff, Uday Shankar, chairman Disney & Star India and president, Walt Disney Company Asia Pacific, made the announcement.
"With over 20 years of experience, Sunil brings a rare mix of product engineering and commercial expertise. He has a stellar track record of scaling and growing complex businesses. Sunil is a truly global executive, bringing experiences from across the world - having scaled businesses in the US, setting up large teams in South East Asia, and working with super app players in Latin America," Shankar wrote.
“Five years ago, we set out to disrupt the way India consumed content and that mission has turned out to be totally revolutionary. Sunil is an exciting talent with global accomplishments and I am very excited to have him lead the talented Disney+ Hotstar team. At Disney+ Hotstar India, we are on a mission to create the country's largest and most advanced platform for curated content, and Sunil is just the right person to drive that ambition” he added in a statement to the media.
While at Google he also served as managing director, mobile app ads business. Before Google, he was an associate principal with research firm McKinsey and Co. In his almost 25 year long career, he has also worked at IBM and Infosys.
Read Also:Indo-China clash: IPL governing council to review sponsorship deals
Disney+Hotstar is the merged entity resulted from the combination of Disney+ ( as it is known globally), and Star India (now Star and Disney India) owned Hotstar. The service was launched in India earlier this year.
Hotstar was launched in India in 2015, co-inciding with the ICC World Cup. While sports has been a tent-pole attraction for the platform, it has also invested in content partnerships, the most significant being the one with HBO which gives it access to global hits like Game of Thrones, and Westworld. It was led by Ajit Mohan since its launch till September 2018 when he left the platform to join Facebook India has the head for the country.


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We’ve gotten a fresh look at Yakuza: Like A Dragon – and while the game’s already out in Japan and there’s not much new to be revealed, the new trailer does give as a bigger look at the English version of the game, which will hit Xbox Series X and PC at launch.
The trailer gives us English-speakers a better idea of what to expect from the game’s story. You’ll play as Ichiban Kasuga, who takes over protagonist duties from Kazuma Kiryu for this soft reboot. Our new hero takes the fall for a crime he didn’t commit out of loyalty to his yakuza family, but is surprised to find that ‘family’ has abandoned him after he’s released from prison.
Yakuza: Like A Dragon is a soft reboot for the series, hence why it’s dropped the ‘7’ from its title. Following the end of Kiryu’s story in Yakuza 6, we’re not only getting a new protagonist – we’re getting a whole new combat system. The game drops the brawler mechanics the series is known for in favour of a system in line with turn-based RPG games. As a long-time series fan, it seems like a refreshing change of pace.
After a Steam version of Yakuza: Like a Dragon leaked earlier this week, Sega has now confirmed that it will be coming to Valve’s platform. We still don’t have a concrete release window, but it will be part of the Xbox Series X launch slate alongside its PC, Xbox One, and PlayStation 4 counterparts.
Do check around the site for more from Inside Xbox, or dig into our Inside Xbox news roundup for all the highlights.


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Square Enix has confirmed a brand new hero for Marvel’s Avengers and it’s straight from the upcoming Thor Love and Thunder movie.
After a not so great launch and a pretty average release of Spider Man on PlayStation 5 (he was released as a PlayStation exclusive playable character in November 2021), Square Enix has announced a new character from the upcoming Thor Love and Thunder film.
The Marvel franchise has been huge in the cinema, and is ever expanding, so it is good to see them expand the gaming world to.
With such a huge fan base, everyone will be wanting to know whats going on. Here’s everything currently known about Marvel’s Avengers newest hero Jane Foster: The Mighty Thor.
Get ready to play as Jane Foster in Marvel’s Avengers as Square Enix cofirms the arrival of The Mighty Thor herself
The developers have been pretty generous in terms of playable charaters and Marvel’s Avengers features some of the most promiennt hereos from the Marvel universe.
While Square Enix has added new heros often, it hasn’t quite resonated with the community. However, to lure both existing and new players, Marvel’s Avengers will soon be welcoming Jane Foster: The Mighty Thor from the Thor Love and Thunder movie.
In a recent development update, Square Enix shared its plans to bring Jane Foster to the game. Square Enix said:
“Our Hero designs are driven first and foremost by their core comic book identities, so, as a fellow wielder of Mjolnir, her suite of abilities will have a lot in common with the Odinson’s, however she will also have elements that are distinctly Jane.”
She will also be the first new character since Spider-Man in November 2021. As per the devs, Jane Foster will have her unique set of abilites and will be completely new hero from the ground up.
Jane has appeared in the Thor comics since the early 1960s and will be joining the Avenger’s lineup with the Update 2.5. Jane Foster, the developers say that Jane Foster Thor will be a unique hero with her own abilities.
It’s not clear when the Update 2.5 will be rolling out and what other things it will contain. Usually, the developers add new heroes by tying them to the game’s storyline and the Avengers themselves.
New Heroes also have their own story, however, the developers dropped this for Spider-Man, who came without his own story.
You can keep up to date with all of the latest Gaming News right here at GiveMeSport.


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According to recent reports from IT research firms, the Indian public cloud market is expected to cross $1 B in 2016 and grow three folds by 2020. It’s a huge opportunity for global cloud service providers as well as local players to cash in on.
Greyhound Research’s recent report around AWS’ new data center regions and its impact states some of the benefits that the company can now pass on to its customers. “The key technology benefits that the company can now offer include lower latency, data sovereignty and localised support. Greyhound Research believes this new region will lend AWS customers and partners the ability to migrate apps and workloads currently located in other regions,” states the report. The same would hold true for other players like Microsoft and Google as well.
Source: Data Quest


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Ever since the unveiling of the F-150 Lightning in May of this year, hype for the all-electric pickup has continued to build. Now, nearly six months later, we have some interesting and exciting stats regarding the 160,000 reservations that have been placed.
Over the summer, Ford conducted a study on F-150 Lightning reservation holders and discovered that for 79% of them, the Lightning would be the first battery electric vehicle in their household. Over half, 56% to be exact, stated this would be their first time owning a Ford vehicle. In addition, they discovered that Florida, Texas, and California lead the way in reservation numbers.
On June 10th, 2021, InsideEVs reported that reservations had surpassed 100,000, which was around the time Ford was gathering these numbers. Doing some quick math, that means if each reservation translates to a sale, 79,000 new battery electric vehicles will be on the road next year. Extrapolate that percentage out to the current 160,000 reservations and that number increases to 126,400. That is one quarter of the total number of Tesla vehicles sold worldwide in 2020.
Let me state that again, Ford’s potential domestic sales of one vehicle to new EV customers is 25% of all the vehicles Tesla sold across the globe last year. That’s just on reservation numbers alone. It can be assumed that more people will end up purchasing an F-150 Lightning that didn’t hold an initial reservation.
With so many new customers and never-before EV owners, Ford needed to figure out a way to excite and educate them on this groundbreaking vehicle. Enter the “Ford-F150: Strike Anywhere” augmented reality experience.
In collaboration with Google, Ford is rolling out this immersive experience as a means to educate customers on the key elements of their zero-emissions pickup, from the mega power frunk to optimizing battery range. Customers can experience it through Ford.com, or one social media websites such as Youtube, Instagram, Snapchat, and Reddit.
Ford is knocking it out of the park with the F-150 Lightning, and they are showing that the market is interested in compelling electric vehicles. It is also good news for Rivian, as apparently all-electric pickup trucks are in demand. Beyond the numbers though, Ford is proving themselves as a technological leader in the American car market, and that 56% of new Ford customers are proof.
Strike anywhere? Right now it seems like the F-150 Lightning is striking everywhere.


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Llame al Departamento de Cambio Extranjero al 626-279-3235 para conocer la tasa más actual.
May 13, 2022
Reflecting broad-based declines, the University of Michigan released a preliminary report showing U.S. consumer sentiment has deteriorated by much more than expected in May. The report showed that the consumer sentiment index tumbled to 59.1 in May from 65.2 in April. With the much bigger than expected decrease, the consumer sentiment index slumped to its lowest level since hitting 55.8 in August of 2011. The report showed the current economic conditions index slid to 63.6 in May from 69.4 in April, dropping to its lowest level since hitting 63.3 in March of 2009. The index of consumer expectations also tumbled to 56.3 in May from 62.5 in April. With regard to inflation, one-year and five-year inflation expectations remained unchanged at 5.4% and 3.0%, respectively. 05/13/2022 - 7:21:00 (RTTNews)
After reporting a sharp increase in U.S. import prices in the previous month, the Labor Department released a report showing imports prices were unexpectedly unchanged in April. The Labor Department said import prices came in flat in April after surging by an upwardly 2.9% in March. Import prices came in unchanged as a significant pullback in prices for fuel imports was offset by an increase in prices for non-fuel imports. The report said prices for fuel imports slumped by 2.4% in April after skyrocketing by 17.3% in March, while non-fuel prices rose by 0.4% in April after jumping by 1.2% in March. The pullback in prices for fuel imports came as lower petroleum prices more than offset higher natural gas prices, although the Labor Department noted import fuel prices were still up by 64.3% year-over-year.
Meanwhile, higher prices for non-fuel industrial supplies and materials, capital goods, foods, feeds, beverages, and automotive vehicles contributed to the April increase in non-fuel import prices. The report also showed that the annual growth rate in import prices slowed to 12.0% in April from an upwardly 13.0% in March. At the same time, the Labor Department said export prices advanced by 0.6% in April after soaring by a downwardly 4.1% in March. Export prices were expected to increase by 0.7% compared to the 4.5% spike initially reported for the previous month. Prices for agricultural exports jumped by 1.1% in April after surging by 4.3% in March, while prices for non-agricultural exports rose by 0.5% in April after shooting up by 4.1% in March. Export prices in April were up by 18.0% compared to the same month a year ago, reflecting a modest slowdown from the 18.6% spike in March. 05/13/2022 - 09:44:00 (RTTNews)
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Facebook Investigated By FTC Over Privacy PracticesThe Federal Trade Commission is investigating Facebook's privacy practices following a week of privacy scandals including allegations a Trump-affiliated political consulting firm got data inappropriately from millions of Facebook users.
FTC Warns Against Puppy Scam WebsitesWhen people are in the market for a new pet, many of them turn to the internet. But the Federal Trade Commission is warning people that not all of those websites are legitimate.
Minnesota DOC: Fake Debt Collectors Use Local Law Firm In ScamThe Minnesota Commerce Department is urging people to be aware of a scam involving a well-known, local law firm. Fake debt collectors are claiming to be from Jeff Anderson and Associates and are using emails, phone calls and even Facebook posts to try to get money.
Federal Court Case Will Put Accurate Pepper Labeling To The TestIt is a seasoning found on practically every dinner table -- but the commonly-used spice is at the heart of a federal legal battle. The packaging of ground pepper has relied on uniformly-sized tins which were sold in two-, four- and eight-ounce sizes for decades.
Good Question: Why Do Telemarketers Still Call?In 2014, almost 50,000 Minnesotans complained to the Federal Trade Commission about telemarketers and robocalls. These people are on the Do Not Call List, but are still being interrupted by the ringing phone.
Good Question: Why Do We Use The Numbers 911 For Emergencies?Every day, 650,000 people call 911. For some of us, it is the first phone number we learn. It has become such a part of our lives that we even hear stories of 3-year-olds using it to get help. So, that had Kendal and her great-aunt Cathe wondering: Why do we use the numbers 911?
FTC: Family Raised $187M For Cancer, Spent It On ThemselvesA Tennessee man and his family used much of the $187 million it collected for cancer patients to buy themselves cars, gym memberships and take luxury cruise vacations, pay for college tuition and employ family members with six-figure salaries, federal officials alleged Tuesday in one of the largest charity fraud cases ever, involving all 50 states.
Good Question: Why Do Gas Prices Go Up Faster Than They Go Down?Most of us don’t have a hard time finding the words to describe our feelings about the record-high gasoline prices facing Minnesota drivers. “Ridiculous” and “crazy” came from some gassing up in Uptown Minneapolis on Wednesday.
Government Says It Is Investigating A St. Cloud Data BrokerThe government says it will investigate companies that collect and sell personal information about consumers to determine whether they need to improve their privacy practices.
General Mills Sites Under Fire For Data Collecting PracticesGeneral Mills is under investigation for the way it markets to children online.
Good Question: Does The Do-Not-Call List Really Work?It’s the year’s busiest shopping season and companies want to get you however they can – even if it means calling you during dinner time.
Good Question: Does The Do-Not-Call List Really Work? It’s the year’s busiest shopping season and companies want to get you however they can – even if it means calling you during dinner time.


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Displaying items 13-24 of 91 » View courant.com items only< Previous 1 2 3 4 5 6 7 8 Next >
Company TownMartha Stewart has struck a deal with the Hallmark Channel to move her daytime television lifestyle show from syndication to the cable network and develop new shows for the channel as well. Stewart's syndicated talk show, "The Martha Stewart Show,"......
Morning headlines: The hazards of flame retardant, overdosing on laundry detergent, Martha on the moveL.A. at HomeHome and garden news of the morning: L.A. Times staff writer Shari Roan reports that another study has linked chemicals used as flame retardants to reduced fertility in women. You can find the full article here. A snippet from Roan's story: PBDEs have...
Company TownIt sounds like a good thing, but we're not so sure. Crown Media, parent company of the Hallmark Channel, is apparently in talks with lifestyle guru Martha Stewart about creating a new lifestyle cable network for her. According to Broadcasting......
Brand XErykah Badu's viral video hit: "Window Dressing" stunt creates huge buzz for singer. New album released Tuesday. (Dallas News) What's the matter with white people? Too many believe -- incorrectly -- that healthcare reform helps "other people," not...
“Mad Hungry Cravings” by Lucinda Scala Quinn is the latest work from the guru of real family meals. The author is the executive food editor of Martha Stewart Living Omnimedia and mother of three boys. Scala Quinn is an expert at keeping the...
Tags: Mother's Day, Foods and Beverages, Chicken Wings, Salt
Martha Stewart, who built a media and consumer goods empire that brought gracious living into everyday Americans' homes, faces prison after her conviction Friday on four felony counts related to a questionable stock sale. Stewart's former stockbroker and...
Tags: Lawyers, Fraud, Defendants, Judges, U.S. Department of Justice
Martha Stewart on Monday resigned as a board member and officer of her multimillion-dollar media company, Martha Stewart Living Omnimedia Inc., after being convicted earlier this month of obstructing a stock-sale investigation. Yet Stewart did not...
When the question, “What’s for dinner?” comes up, having a few go-to one-skillet recipes makes it easy. Today’s recipe is one to have tucked away. It makes use of key ingredients to have on hand — boneless, skinless...
Tags: Recipes, Pies and Tarts, Bacon, Parsley, Mustard
Reports: Employment cost index for first quarter, 7:30 a.m.; Case-Schiller 20-city home-price index for February, 8 a.m.; Chicago PMI for April, 8:45 a.m.; Consumer confidence for April, 9 a.m.; State Street investor confidence index for April, 9 a.m....
ReutersJ.C. Penney Co. has started selling the Martha Stewart “JCP Everyday” line of home goods, even while a court battle with Macy's continues over its right to sell them. “As of today, those products are on the floor and online,” Paul...
Score one for J.C. Penney, the beleaguered retailer that just kicked out its chief executive in search of a better reputation. The department store chain Friday won the right to sell Martha Stewart products – as long as they’re unbranded....
Ron Johnson was ousted as chief executive of J.C. Penney Co. after a remarkably short and gaffe-filled tenure that succeeded mainly in driving away customers. Johnson was lured 17 months ago from a top job at Apple Inc., where he was celebrated for...
Jan 26, 2010 | Los Angeles Times
Jan 27, 2010 | Los Angeles Times
Mar 29, 2010 | Los Angeles Times
Mar 30, 2010 | Los Angeles Times
May 7, 2013 | Orlando Sentinel
Mar 6, 2004 |Story| Chicago Tribune
Mar 16, 2004 |Story| Chicago Tribune
May 7, 2013 |Story| Aberdeen News
Apr 30, 2013 |Story| Chicago Tribune
Apr 22, 2013 |Story| Reuters
Apr 12, 2013 |Story| Los Angeles Times
Apr 9, 2013 |Story| Los Angeles Times
Original site for Martha Stewart Living Omnimedia Inc. topic gallery.


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Nova Scotia-based Copernicus Studios has boarded Illusion's hard-boiled hoodlum satire "Boogie, the Aceitoso," taking minority co-production equity in the Argentina-Spain toon pic.
Film producer Eduardo Costantini and computer scientist Efe Cakarel are launching the Auteurs, a Silicon Valley-based global online cinematheque that will stream high-definition independent and…
Thomas Jane ("The Mist") will topline the $35 million action-thriller "Run," to be directed by John McTiernan for Arclight Films.
Carlos Sorin, one of Argentina's best-known international auteurs ("Minimal Stories," "Bombon, el Perro," "The Road to San Diego"), will direct "Agua que brilla" (Shining Water), a chronicle of an…
Mexico's Mantarraya Producciones, run by Jaime Romandia and Carlos Reygadas, and Reygadas' label No Dream Cinema have renewed their relationship with Jean Labadie, following Labadie's surprise ouster…
Spain's Perro Verde, one of Spain's foremost animated feature specialists, has used the Berlinale to unveil its first TV production: the 11-part series "Heroes del marzo" (March Heroes), a…
Something doesn't add up in French President Nicolas Sarkozy's plans to remove advertising from Gallic pubcaster France Televisions -- and it's vexing locals far more than his plan to shutter the…
Madrid-based sales company 6 Sales, with its strong line of English-language product, has taken international sales rights to the Future Films-produced Mischa Barton-starrer "Malice in Wonderland."
Kevin Williams, prexy of Madrid-based sales agent KWA Films, has initiated talks with Audiovisual SGR, a film bank guarantee fund, for SGR to underwrite loans to Spanish sales agents.
Distribution Co., Argentina's top indie distrib, has picked up four pics to screen at Berlin.
Guido Rud's FilmSharks Intl. has sold "Uranya" to Visual Factory for French-speaking territories and Eastern Europe.


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The Walmart Neighborhood Market on Covington Highway in Lithonia will close its doors at the end of January.
Phillip Keene, director of corporate communications for state and local corporate initiatives and public affairs, said Walmart officials said the closing came after a “careful and thoughtful review process.”
“This tough decision to close the store is based on a number of factors, including financial performance,” Keene said. “The decision to close our Lithonia store is not an easy one, but, as a company, we are committed to continuing our growth and investment in Georgia.”
Walmart said it plans to close the store to the public by Jan. 30. The pharmacy will be open to customers through Jan. 23.
“Our pharmacy staff will work with customers to transfer prescriptions to another convenient location as soon as possible,” Keene said.
Keene said the 100 employees at the neighborhood market will have an opportunity to transfer to other Walmart stores.
“We care deeply about our associates impacted by this decision,” he said. “We are hopeful that the majority of the associates at the Lithonia store will want to continue their careers with Walmart by transferring to another nearby store.”
The neighborhood market opened in 2013 in Covington Square Plaza on the corner of Covington Highway and Panola Road. Walmart neighborhood markets were designed in 1998 as a smaller option for communities in need of a pharmacy, groceries and merchandise, according to Walmart.
Keene said Walmart will continue to be supportive of the local store leadership and associates in Lithonia.
“This decision is in no way a reflection of their hard work and customer service,” he said. “We opened this store in 2013 and we are as proud today as we’ve ever been with how associates have served and contributed to the local community over the years.
“We are grateful to the customers who have given us the privilege of serving them at our Lithonia location,” Keene added. “We look forward to continuing to serve them at other area locations and online at walmart.com.”
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Long Road Distillers
Grand Rapids-based craft distiller makes a meaningful business connection to strengthen its supply chain thanks to a Pure Michigan Business Connect event
As a distillery in Beer City, Long Road Distillers stands out for its spirits and commitment to using local, Michigan-made ingredients. Long Road Distillers was co-founded in 2015 by Jon O’Connor and Kyle Van Strien, self-proclaimed “spirits and cocktails enthusiasts” and proud Michiganders who looked to embrace all that the Grand Rapids area has to offer – from agricultural products to the waters of Lake Michigan.
“In a state with long traditions of industry making things like cars and furniture, we wanted a distillery that lived up to those standards,” said O’Connor. “It's how we came up with Long Road, the idea of doing something right, doing it honestly and transparently and in a manner that supported the amazing resources our state has to offer. Long Road means taking the time to do things right.”
O’Connor has served as the president of the Michigan Craft Distillers Association for the past seven years, leading the charge legislatively to work with partners in the legislature to create a better regulatory environment for Michigan Small Distillers. After nearly six years of advocacy, a bill was signed into law that provided Small Distillers committed to using Michigan grown grain, fruits and other base distilling ingredients in their products a reduction in the markup fee the state charges for spirits.
“This law was a driving force to create the need for more and deeper connections between the distilling industry and Michigan agricultural producers. We have been thrilled by the support from MDARD and MEDC in supporting this legislation to further enhance craft distilling and agricultural partnerships in Michigan.”
In 2023, Long Road Distillers wanted to optimize the efficiency and quality of its ingredients supply chain for its distilling operations. That March, they participated in the Michigan Distilling Grain Summit, an event co-hosted by the Michigan Economic Development Corporation (MEDC) Pure Michigan Business Connect (PMBC) team, Michigan Craft Beverage Council, and the Michigan State University Extension. The event helped to connect Michigan craft distillers with Michigan farmers for supply chain sourcing opportunities.
At the event, Long Road Distillers was able to secure a new supply chain relationship. O’Connor connected with Todd Wright of Knappen Milling, leading to bulk sourcing of grain which improved cost, product quality and delivery.
The cost savings resulting from this connection have positioned Long Road Distillers for production expansion; there were additional cost savings through the Michigan Qualified Distiller Program, which incentivizes craft distillers to source Michigan-grown grain while providing additional market opportunities for farmers.
According to O’Connor, the convening of the first-ever Michigan Distilling Grain Summit proved to be a catalyst for many other Michigan distillers connecting with growers and grain providers operating in Michigan.
It's how we came up with Long Road, the idea of doing something right, doing it honestly and transparently and in a manner that supported the amazing resources our state has to offer. Long Road means taking the time to do things right.
“This Michigan Craft Beverage Council and MEDC-supported event was a significant launching point to further expand opportunities for distillers and agricultural producers to connect, collaborate and learn where new markets and opportunities exist for our industries to work together,” said O’Connor.
“At the summit, Long Road Distillers was able to connect with Knappen Milling and forge a new partnership to supply red winter wheat, our primary grain for distilling, moving forward. Their years of experience providing grain to the cereal industry and the quality standards for their product not only helped Long Road increase the quality of the grain we are using but also created significant cost savings for our business given the scale of their operation. We are thrilled with this new partnership, the quality of their Michigan-grown red winter wheat and the work they have done to ensure the grain meets the requirements for Qualified Small Distillers in sourcing grain for use in distillation of their products."
“Attending the Michigan Distilling Grain Summit in Grand Rapids, we were able to make a connection with Jon O’Connor and Long Road Distillers,” said Todd Wright, Vice President of Sales and Grain Purchasing for Knappen Milling. “Knappen has been in business since 1929 and has primarily focused on supplying wheat-based products to the cereal, snack food, bakery and mix industries. Recently we have begun supplying to some malting and distilling companies in the Midwest. Making this connection with Long Road enabled us to begin supplying our Sotac® Red Wheat to them.”
Looking ahead, Long Road Distillers will attend the inaugural Michigan Craft Beverage Summit in March 2024, which will educate and connect growers, producers and other suppliers, to create collaborative partnerships and advance an ever-growing state craft beverage industry.
Learn more about the matchmaking opportunities available for small businesses from Pure Michigan Business Connect.


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by Mike Bendel on November 6, 2008 @ 9:28 pm
Way back in July of last year, Ubisoft picked up the Heroes license from Universal to develop a video game based on the popular TV series. Since then, nothing has been said about the licensed effort, leading many to question the status of the project. So what is going on with Heroes? Unsurprisingly, it’s been canned, according to Ubi PR director Jaime Cottini:
The rights to the Heroes video game have reverted back to NBC Universal. Ubisoft will no longer produce a video game based on the TV series.
Movie and TV based games usually end up falling short of mediocre. We find it hard to imagine that many folks will be upset by this decision, even fans of the show.
Ubisoft Drops Plans For ‘Heroes’ Game [MTV Multiplayer]
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Read more: Watch Dogs Season Pass Detailed, Add-On Campaign Coming Post-Launch, Ubisoft Montreal Explains Watch Dogs Delay, Watch Dogs Gets May Launch Date, Assassin’s Creed IV DLC Coming in Two Weeks, Rayman Legends Goes Next-Gen in 2014


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Italy's Luxury Companies Step Up to Restore Monuments
It would be hard to imagine a bigger confluence of luxe brands assembling to help preserve Italy’s cultural treasures. First there was the fashion house Fendi, personified for the occasion by its creative director, Karl Lagerfeld, dressed in a high-collared shirt, dark glasses, and fingerless lace gloves. Then there was the city of Rome, represented not so much by its mayor—though he too was in attendance at the Jan. 28 ceremony—as by one of its most famous symbols: the 17th century Trevi Fountain, featuring horn-blowing mermen, heaving hippocampi, and the water god Oceanus astride a seashell chariot.
In an era of European austerity, the Italian government has declared itself all but unable to take care of even its most iconic monuments. When a chunk of the fountain’s ornate sculpting fell off last summer, Rome appealed for help. Last week, Fendi answered that call. “The Fountain of Trevi is the symbol of Rome,” says Lagerfeld. Over the next two years, Fendi will spend $2.9 million to completely overhaul the fountain, cleaning the statues and fixing cracks in the marble. “With this crisis, I think the city of Rome has other priorities to spend its money,” notes Lagerfeld.
With funding for the maintenance of Italy’s archaeological riches slashed by 20 percent since 2010, the Trevi Fountain isn’t the only historic monument that will need private donors’ help. Italian apparel maker Diesel is spending €5 million ($6.7 million) to restore Venice’s weathered Rialto Bridge, the oldest spanning the Grand Canal. In Rome, luxury shoemaker Tod’s Group has pledged €25 million to restore the Coliseum. “Without patrons [for preservation], we won’t manage in Italy, and maybe not in Europe,” explains Rome Mayor Gianni Alemanno, who also is seeking private sponsors to restore the long-neglected tomb of the Emperor Augustus.
What the biggest donors have in common is a stake in maintaining Italy’s glamorous image. And it’s not a coincidence that the monuments chosen for rescue by these luxury retailers are among the country’s best-known. For Fendi, the Trevi Fountain was a natural fit. The company, now owned by LVMH Moët Hennessy Louis Vuitton, was founded in 1925 in a small fur workshop and bag store less than a 10-minute walk from the monument. In the 1970s and 1980s, the Fendi family even produced a film and a book on the fountains of Rome. Silvia Venturini Fendi, granddaughter of the founders, says the city’s mix of classical and baroque architecture provided her with ideas for the company’s famed Baguette handbag, which retails for up to $6,220. “Rome is the perfect place for a designer to get inspiration,” she says. “It’s like walking in an open-air museum.”
Unlike Tod’s, which in exchange for its contribution will gain the right to place its logo on Coliseum tickets, Fendi will receive nothing for its donation, except a 30-by-40-cm (roughly 12-by-16-inch) plaque, to be fixed to the side of the fountain for three years. But the company’s intervention has already gained it publicity money can’t buy: headlines around the world accompanied by a sultry picture of Anita Ekberg, cavorting in the fountain in full evening dress in a scene from Federico Fellini’s 1960 film La Dolce Vita. “Rome is the symbol, let’s say the quintessence of the Italian style, of the dolce vita, of the Italian savoir-faire,” says Fendi Chief Executive Officer Pietro Beccari. “It’s really important for Fendi to restate its Italian origins.”
Not long ago, such reliance on filthy lucre might have outraged Italy’s cultural purists. These days there’s widespread recognition that the country is in no position to protest. “From the technical and ethical points of view, I have no objections at all,” says Michele Trimarchi, a professor of cultural economics at the University of Bologna. “Money accrued to culture is only positive.”
Still, for every Trevi Fountain or Rialto Bridge, Italy has thousands of lesser attractions equally at risk of crumbling, and their prospects remain uncertain. “On the one hand, the state accepts money [for preservation], and that’s all,” says Trimarchi. “On the other hand, private companies give money to iconic monuments, and that’s all. There’s no larger plan.”