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The regularly changing scene of ecommerce is both unnerving and energizing. Consistently, some changes may assist us with developing our organizations or new difficulties that we will most likely be unable to keep up with. Whatever high points and low points you may have experienced for the current year, the ecommerce showcase is as yet growing and more splendid as ever. As we approach another year, we’re here to give you a select sneak look of the ecommerce development drifts in 2019 and past.
In 2019, retail ecommerce deals overall added up to 3.53 trillion US dollars and e-retail incomes are anticipated to develop to 6.54 trillion US dollars in 2022. The main 3 online stores’ income added up to right around 100 billion US dollars in 2017. Online shopping is one of the most famous online exercises worldwide however the use differs by district – in 2016, an expected 19 percent of all retail deals in China happened to utilize web yet in Japan the offer was just 6.7 percent. Work area PCs are as yet the most well-known gadget for putting in online shopping requests. However, cell phones, particularly smartphones, are getting up to speed.
The worldwide online business developed at a quicker clasp a year ago—18.0%—than online deals in the more soaked U.S. advertise, which Internet Retailer hopes to increment 15.3% from 2017. Buyers overall bought $2.86 trillion on the web in 2018, up from $2.43 trillion the earlier year, as indicated by our initial projections. This would be a log jam from 2017, when worldwide web deals developed 21.3% year over year from $2.00 trillion of every 2016, as per Internet Retailer’s assessments. Albeit worldwide online business development decelerated somewhat, a lot of complete retail deals have consistently been on the ascent—with infiltration expanding from 11.3% in 2016 to 13.3% in 2017, Internet Retailer gauges. A year ago, Internet Retailer estimates it hit 15.2%.
As indicated by gauges, there was a little uptick in all-out retail deals over the world in 2018, which gave ecommerce entrance a lift. By and large retail deals climbed just 3.3% a year ago to $18.84 trillion from $18.25 trillion of every 2017. Complete retail deals development enrolled 3.5% in 2017, up from $17.63 trillion the year earlier.
Huge markets’ ecommerce sway
The world’s two biggest economies—the United States and China—rule worldwide web-based retailing. Together, these two powerhouses represented the greater part of worldwide ecommerce offers of physical merchandise in 2017, which is the last entire year for which information has been accounted for. China, the world’s No. 1 ecommerce advertise, saw online deals take off 28.0% to $877.00 billion every 2017 from $685.16 billion the earlier year, as per China’s Ministry of Commerce. All out retail deals came to $5.85 trillion, an expansion of 4.6%, which was an unassuming uptick from almost 4.5% development in 2016 when buys hit $5.44 trillion. A lot of complete retail in the nation arrived at 15.0% in 2017, up from 12.6% during the earlier year.
A developing white-collar class and the gigantic interest for outside products are adding to the wellbeing of China’s ecommerce execution. Also, as indicated by Bain and Company’s yearly extravagance study, Asia is the “development motor” for online extravagance deals. The class hopped an amazing 23.3% in 2017 and was relied upon to develop 21.4% a year ago, and purchasers in terrain China are driving the way. However, in general, web-based shopping in provincial territories of the nation likewise became 39.0% in 2017, and the cross-fringe business prospered, as indicated by the Ministry of Commerce.
China far outpaced the United States, the second-biggest worldwide market in online business, as far as the two deals and development. In 2017, buyers burned through $449.88 billion on U.S. retail destinations, a 15.6% year-over-year increment from $389.11 billion of every 2016, as per information discharged by the U.S. Branch of Commerce. A blockbuster final quarter in 2017 added to the most grounded year-over-year development since 2011, when web-based business developed by 17.4% more than 2010. All things being equal, the market’s complete is just somewhat more than half of what was spent online for physical products in China.
The Commerce Department’s all-out retail marketing projections incorporate the clearance of things not ordinarily purchased online like fuel, autos, and nourishment and refreshments devoured at cafés and bars. Web Retailer avoids these classes in our investigation of retail information, and with those changes, all-out retail deals hit $3.45 trillion every 2017, up 3.9% year over year from $3.36 trillion.
While the United States hasn’t accomplished a similar degree of web-based business infiltration as China, online took a 12.9% portion of all-out retail deals in 2017, up from 11.6% the earlier year, in light of Internet Retailer’s investigation. This is the most elevated rate in the entirety of the years that the Commerce Department has arranged and discharged ecommerce deals. 2000 was the primary complete year for which data is accessible.
Retail mammoths take a major bit of the pie
In the United States—and progressively around the globe—Amazon.com Inc., No. 1 in the Internet Retailer 2018 Top 1000, has been the issue on everyone’s mind. The retailer sells its own stock and works a commercial center on which different retailers sell their items through the Amazon stage, with Amazon taking a commission of each request. In view of offers of retailers’ possessed items alone, Amazon is the reasonable worldwide victor in 2017 with $149.96 billion in deals, a 21.2% year-over-year development. This implies Amazon represented 43.1% of all ecommerce business development in the United States, Internet Retailer gauges.
Be that as it may, given that the mass vendor announced around a 50-50 split between offers of its own product and that of outsider dealers a year ago, its all-out gross product worth would be about twofold that. So the organization has contacted a goliath piece of online retail deals. Chinese rival mass trader JD.com Inc., which additionally sells the two its very own product and encourages deals for outside vendors, came in at No. 2 with 42.0% development a year ago on simply first-party deals. Mass shippers take four of the main 10 spots for ecommerce pioneers on the worldwide stage. Huge retailers like eBay Inc. what’s more, Alibaba Group Holding Ltd’s. Taobao and Tmall destinations are barred from these rankings since they work as unadulterated commercial centers in that they don’t claim any stock—rather simply offer up their foundation for outsiders. With $1.55 trillion sold in 2017 on simply the best 75 commercial centers, as indicated by Internet Retailer gauges, organizations working with this plan of action are overwhelming different retailers over the globe. China’s Alibaba Group announced that the estimation of products sold on its huge Chinese commercial centers, Taobao and Tmall, totaled $740.86 billion every 2017.
Improvement in the past few years and future trends
The most ideal approach to see the genuine development of the ecommerce industry is through the business made worldwide. Here are some great numbers from Statista. The general ecommerce sales development rate has been on the decay since 2014 onwards. Nonetheless, since it has been above 20% every year, we can without much of a stretch say that the development of ecommerce has not been amazing in the previous five years. A long way from it. Concerning 2019 and the following two years, the general numbers are going to dip under the 20% imprint which is normal with such reliably high development. In 2019 the development pace of ecommerce sales will be 21.5%, while in 2020 it will be 19.88% and in 2021 18%.
Rates probably won’t mean a great deal to a few, yet the numbers positively do. Overall online business deals have added up to $2.8 trillion out of 2018, and they are set to reach $4.9 trillion out of 2021. That is the thing that a development pace of 20% consistently implies. These numbers are indicating that the development won’t back off by a lot, and the business is definitely set for global control. It is very clear in organizations like Amazon, which has been expecting to sell everything through its online stage. A comparable thing can be said about Alibaba, Amazon’s Eastern sibling that has been the predominant web-based business organization in Asia with its AliExpress stage.
The ecommerce dominance
Right now, the ecommerce share of complete worldwide retails deals is 13.7%. That number is set to be 17.5% in 2021, which should make ecommerce the hugest retail direct on the planet. That implies that that online business deals will outpace deals in worldwide markets, other smaller merchants, and the customary design industry, to give some examples. Such development is originating from the simplicity of purchasing on the web. Any individual on the planet can buy through an ecommerce store on their phone, and smartphones have been a huge impact on the development of online business. Toward the finish of 2018, around 70% of all online business traffic happened through phones. The rate is just set to increase as versatile online business is developing a lot quicker than PC ecommerce.


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For us, we are always talking about anti trust penalties rulings. However, it never seems to be in focus for investors, at least as we continue to see big tech apple included, hit all time highs. Yeah, i think the the quote that i keep thinking about here is the famous jeff bezos line. Your margin is my opportunity. This margin for apple and google is huge, its been driving both these companies for years and years now, and that margin is going to start getting redistributed back to app companies and app vendors. Who are going to be able to take some of that 30. That theyve been paying to apple, put it back into their own products, potentially back to their investors. I think thats a huge deal. I think this south korean regulation is just the first were going to see worldwide and i think a lot of countries are going to see how it plays out before taking similar action. And what about here in the us neelay? How closely are they watching, and i know that there is something similar being considered over here, so you think that this is sort of just the first step were going to see a domino effect from here on out. Oh, i think this 30 rate for both these companies is dead in the water around the world. I think here in the us it depends on how a lot of things go theres a lot of dominoes. I dont know what order theyre going to be in theres.
The epic uh trial against apple, which is going to come to a verdict soon that will obviously get appealed in either direction. Theres also the case against google from epic, which uh the complaint was unsealed weve learned a lot about how google manages the play store at one point, they were even considering buying epic to shut down this competition. As more and more of that evidence comes to light. The regulators in the united states are taking a hard look and there are those bills in congress. They seem like theyre moving along slowly, theres. Quite a lot happening otherwise to this tractor government right now, but those bills are on track. So i think i dont know in what order a verdict: the google lawsuit congress congressional action is going to take place, but its happening – and i think fundamentally, this is good for these companies themselves, its good for apple and google, because the way for them to win Is to start to compete again, providing services to developers its so interesting as we wait for these uh, these dominoes to fall, as you put it, and one of those bills in congress. One of those bipartisan bills does have a lot of the pieces that this south korean law has, and i think its worth, noting that that is in play here. When you say this is going to help apple and google im wondering what you mean by mean by that in terms of competition and how you see them reacting, maybe proactively, as they await more of those dominoes to fall.
We saw apple. Do the settlement in the class action suit last week? Do you expect apple and google to make more concessions ahead of more legislative action? Uh? You know i dont know if that settlement was a concession at all, but i do think its emblematic of the steps apple thinks it can take versus the steps it should take. So apple put out a press release that theyre settling this lawsuit. They paid all the lawyers got paid, lawyers are very good at getting paid, app developers got fundamentally nothing and i think youre, seeing with developers in particular just a rising swell of antipathy towards apple towards google. If these companies dont have great developers who want to build great experiences for their apps, these phones effectively just turn into shopping malls. And i think a big question for all of us is whether we want to have our own computers or someone elses shopping malls. And for apple to maintain its brand image to maintain that pride of place, the american tech ecosystem, i think they have to make sure developers are on their side and the way to do that is to be pushed into competing. You know flip side of this. I mean its interesting its a decade, two of these app stores – and you know it was great for the first decade, everybody was excited now theyre like wait, a minute, a little bit much control and take from the operators here.
The flip side of this is that, in a lot of ways, these app stores are working better than the pc equivalent and software distribution, which was all kinds of buggy and unsafe. So do these companies have enough different options. I mean apple and google specifically of levers to pull in order to maintain enough influence over their ecosystems to build and build profitably from here yeah. I think they do. You know the one argument that never resonates with me from big time. Companies is when they tell me, theyre, not smart enough to figure something out. I think theyre smart enough to figure it out. They figured it out on the mac. They figured it out on windows to a large extent. Actually, they figured out an android which does support additional app stores in the side. Loading of third party binaries theres a lot of ways to to maintain the security while providing things as simple as third party payment options.

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A group of the Web’s biggest online video stars, led by musician Chester See, Rhett McLaughlin, and Lincoln Neal, are coming together to enter the mobile gaming space with the trivia app, Trivy.
Trivy covers general knowledge topics such as science, entertainment, and current events. The added value comes from downloadable expansion packs featuring questions from a collection of 64 recognizable online stars from platforms including YouTube, Snapchat, and Vine. The questions are crafted by the stars themselves, giving players a more personal experience with their favorite Web stars. The game’s creators are hoping that their combined power of more than 175 million social media followers can propel the app to the top of the charts.
For See, McLaughlin, and Neal the venture is a departure. Although all three have a wealth of experience creating content in the digital space, mobile gaming is new territory. In a statement, See noted the contributions of Adbul Khan, an entrepreneur and partner in the Trivy venture: “We teamed up with tech entrepreneur and former venture capitalist Abdul Khan, who has been behind companies like Pandora and Ancestry.com, to create a game that transcends the current benefits of the direct to consumer model by introducing a new way of engaging with fans.”
The mobile app space has been appealing to digital creators for some time. With their highly engaged audiences demanding a constant stream of content, as well as personalized access to YouTube, Vine, and other social media, online stars have long looked for ways to leverage their fanbase and own more of their audience rather than sharing it with platforms like YouTube. Services like Victorious have capitalized on this desire by building bespoke apps for YouTube stars to access their fans directly. However, this is the first attempt to harness a large segment of the YouTube community collectively to launch a gaming brand.
The full list of creators involved in the project includes several YouTube and Vine A-listers, as well as top-200 creators.
Illustration by Max Fleishman


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Fulcrum (News - Alert) Biometrics will sell IriTech’s IriShield iris recognition scanner systems online following a reseller deal between the two countries.
IriTech’s compact and low-cost systems will simplify the implementation of biometric iris recognition technology, in a range of applications such as mobile banking systems and voter registration.
Fulcrum Biometrics is an international provider, distributor and integrator of biometric systems and devices. The company is offering the IriShield as a complete USB desktop system or as an embedded module.
“We are always looking for ways to further the reach of our iris technologies in the marketplace,” said Dr. Daehoon Kim, president and CEO at IriTech, Inc. “Fulcrum Biometrics is a great partner for us because of their professionalism, their strong reputation in the biometrics market and their worldwide fulfillment capabilities.”
IriTech supplies the iris biometrics software and hardware foundation for identity assurance. The company has included an auto-capture camera module, built-in iris recognition technology and an available PKI-based security infrastructure in both IriShield systems.
Running on Android (News - Alert), Linux and Windows operating systems, IriShield has the ability to support both remote and on-board ISO-compliant compressed image generation and identification.
The IriShield modules use the iris recognition algorithms and IriTech claims these algorithms were top-ranked both in accuracy and interoperability by the National Institute of Standards and Technology’s (NIST) IREX test.
“With its combination of low cost, compact size and high quality iris biometrics, the IriShield product line will enable rapid adoption of iris recognition technology for both civil and commercial applications around the world,” added Ken Nosker, president of Fulcrum Biometrics.
Fulcrum Biometrics was in the news last year for winning the Best Biometric Identification Solution in GSN’s 4th Annual Homeland Security Awards competition.
Edited by Braden Becker


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World Consumer Rights Day (WCRD) was celebrated on Tuesday, March 15. The day is commemorated every year, as a means of raising global awareness about consumer rights and needs. It is an opportunity to demand that the rights of all consumers be respected and protected, and to protest against market abuses and social injustices which undermine those rights.
Each March 15, the consumer movement unites to highlight a pressing issue facing consumers globally. This year, the membership of Consumers International – 200 consumer groups in 100 countries – selected “Fair Digital Finance” as the global theme.
The global consumer body noted that “by 2024, digital banking?consumers?are expected to exceed?3.6 billion. In the developing world, the proportion of account owners sending and receiving payments digitally has grown from?57 per cent in 2014 to 70 per cent in 2017. Digital finance brings new opportunities – but also new risks that can lead to unfair outcomes for consumers. Digital finance can increase the likelihood that the most vulnerable are left behind”.
Whilst consumers undoubtedly benefit from these technologies, there are questions about how to improve the quality of services, which online services and products consumers can trust and what happens to the data they share online.
According to Consumers International, digital technologies are reshaping payments,?lending, insurance, and wealth management,?becoming a key enabler for consumers of financial services. “However, in recent years and exacerbated by the COVID-19 pandemic, consumers are increasingly exposed to scams, frauds, phishing and data malpractices. Consumers who experience economic hardship are particularly vulnerable to these harms,” it stated.
To address the most pressing issues faced by consumers in digital finance, Consumers International and its global membership have developed a Consumer Vision for Fair Digital Finance. The Vision sets out questions for decision makers from a consumer rights perspective to build a digital financial marketplace that is inclusive, safe, data protected and private, and sustainable for everyone. In “Building fair digital finance”, its Consumer Vision for Fair Digital Finance, the international body said: “Globally, financial regulatory frameworks have been designed to deal with the presence of digital technologies, however many still lack effective consumer protection mechanisms and appropriate supervision and enforcement capacity. Equally, some providers of digital finance are ignoring the needs of consumers and actively leaving them exposed to vulnerabilities. The use of technology and the possibility of a cashless society creates new risks and exacerbates existing ones already present within financial services.”
When consumers’ personal information is lost, or stolen, the effects can be serious. Data breaches are highest for consumers in Latin America. Globally, data breaches are surpassing the increase in data created. Consumers, therefore, need to be aware of their rights and what actions can be taken.
“Building financial inclusion and resilience is vital for thriving communities and economies. We want digital finance products and services that help us alleviate poverty, avoid debt, create jobs, grow health and wealth and help us plan for the future in a sustainable way. Digital finance services can help in many ways. But it will take effort.”
Local consumer protection bodies in Guyana, including the Guyana National Bureau of Standards and the Competition and Consumers Affairs Commission, should be lauded for their continued efforts to sensitise the public on their rights and for dissemination of pertinent information. These entities have also recognised that in this digital age consumers need to be protected more than ever, and have charged service providers to find secure and reliable ways of utilising data and to address the challenges by developing strategies that will lead to a trustworthy digital world for all consumers.
Consumers International stressed that to maximise the benefits and prevent consumers being harmed, consumer associations, Governments, industry, and civil society organisations must work together to create a fair, safe, and sustainable marketplace for all.


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Company: Al Futtaim Group
Country: United Arab Emirates
Wealth: 5.06 Billion
Abdullah Al Futtaim has easily earned the title as the ‘king of the road’ in the Gulf, with Toyota, Lexus, Honda, Dodge, Volvo, Jeep and Chrysler among the brand names in the Al Futtaim stable. And having built his fortune in the automobile business in the region, Abdullah Al Futtaim has since steered his investment company into real estate on a massive scale.
With vehicle recalls and the downturn in the real estate and retail sectors, the group, which now operates through 65 companies, has had a tough few years.
“Overall, the UAE luxury automotive market in 2010 recorded a cautious but positive performance against the backdrop of the global economic fallout,” the group said earlier this year. However, it now claims that things are slowly beginning to recover.
“Our core trading activity is up double-digit year-to- date,” John Wartig, the group’s director of finance, said in November. The rebound is led by the automotive and retail businesses, Wartig said, adding that Al Futtaim may seek a credit rating and may tap the debt markets this year.
As well as the automobile sector, Abdullah’s interests include retail and real estate. The company has spent more than $2bn to build Dubai’s Festival City, which includes hotels, offices, homes, retail outlets and a golf course.


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Wednesday, April 23, 2014
WESTBROOK - Christos Zoulamis is a grandpa you probably don't want to arm-wrestle.
Christos Zoulamis of Papou’s Kitchen is pleased to be in a larger space in Westbrook that will facilitate his expansion plans.
Photos by John Ewing/Staff Photographer
The company supplies falafel to many stores in New England, including Hannaford and Whole Foods.
Every week, the 72-year-old founder of Papou's Kitchen mixes 550 pounds of falafel by hand.
"I have a strong right arm," he said on a recent morning, while explaining the falafel-making process.
If his business expands the way he hopes it will, he's going to have to get an electric mixer soon.
Zoulamis recently moved his operation from Woodford Street in Portland to a bigger space in Westbrook that will enable him to take on more customers -- and walk to work from his new house off Bridge Street.
Behind the Westbrook Market on the corner of Stroudwater Street and William Clarke Drive, Zoulamis soaks chick peas, mixes in herbs and spices, and packages the falafel that can be found in the freezer sections of all the Hannaford supermarkets and Whole Foods stores throughout New England.
It's on the menus of local restaurants, like Silly's on Munjoy Hill, and served in the employee cafeteria at Idexx Laboratories.
For bigger orders, Zoulamis gets help from his four grown children, who technically own the business. But for the most part, from deliveries to cooking demonstrations, he does it himself.
"I'm retired," he said. "I do this for fun."
Zoulamis, known as Papou to his six grandchildren, emigrated from Greece when he was 7 years old. He grew up in Connecticut and, after college, worked at television stations in New York.
He and his wife, Niki, moved to Maine to open discount ski shops, which later closed. That's when he got into the food business.
After briefly owning the Brunswick House of Pizza, he opened The Kitchen in 1986 in an old church in the same town. The success of that restaurant led him to open The Kitchen on Congress Street in Portland.
He later sold the Brunswick restaurant, but continued to run the one in Portland until his lease was up in 2008 and the building owner wanted to take over the space.
Zoulamis decided, for his next venture, he'd ditch dining service to focus on falafel.
The zoning regulations at his new Woodford Street shop required him to do some retail business, so he sold a few lunch items while trying to build up his customer base for selling falafel wholesale.
While struggling to come up with a new name for his spinoff venture, one of his grandchildren suggested he call it Papou's, after the Greek word for "grandfather." With a drawing of Zoulamis wearing his signature bow tie, the brand was born.
His first customer was Whole Foods in Portland, which had a cafe at the time. "I checked out their falafel and it was lousy," said Zoulamis, who convinced the store to start using his instead.
Though the cafe is closed, the store still deep-fries the falafel and offers it in its salad bar.
Zoulamis' packaged products are now also sold at 16 Whole Foods stores in Massachusetts, two in Connecticut and two in Providence, R.I., as well as the Portland store, he said.
The products include baked, hamburger-sized falafel patties that can be heated up in a toaster, and chunkier patties of raw falafel that are meant to be cooked in a skillet. He recently introduced a smaller, bite-sized version of the raw falafel that he said has been popular with children. For a couple of customers, he makes a gluten-free variety using rice flour.
Silly's owner Colleen Kelley said her patrons were excited when the product was added to the menu at her restaurant, which caters to people with food allergies. It's offered in wraps and salads, and as an appetizer.
(Continued on page 2)


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7 Surprising Foods That May Cause Cancer, According to Experts
While diet itself is not directly responsible for cancer, it is one of the lifestyle factors that can increase the risk of developing it. “It’s not 100% certain that consuming more or less of certain foods or nutrients will guarantee cancer protection,” says Dr. Edward Giovannucci of Harvard’s T.H. Chan School of Public Health. “But science has found that certain dietary habits tend to have a greater influence.”
While certain foods are clear culprits, there are also several less suspicious foods that can have the same detrimental effects. To know what to stay away from, here are 7 surprising foods that may cause cancer, according to experts.
Surprising foods that may cause cancer
Consuming alcohol every once in a while is not detrimental to your health. In fact, the 2015-2020 U.S. Dietary Guidelines for Americans recommends up to one drink per day for women and two drinks per day for men. Drinking more than the recommended amount on a regular basis, on the other hand, can result in serious problems such as mouth, throat, larynx, esophagus, liver, colon cancer, according to the American Cancer Society.
To keep alcohol risks to a low level, consume in moderation, suggests Natalie Rizzo, MS, RD. See also 10 Worst Foods and Drinks You Should Stop Consuming Right Now (+Alternatives).
The majority of canned products contain dangerous chemicals such as Bisphenol A, or BPA, which has been linked to endocrine illnesses, birth defects, obesity, heart disease and cancer. In fact, according to a 2017 report issued by the Center for Environmental Health (CEH) approximately 40 percent of the cans tested (previously purchased from popular nationwide retailers) were lined with BPA. Various studies on BPA’s effects on human health have shown that this chemical increases the risk of cancer, such as breast cancer or colon cancer.
Instead of buying canned goods, opt for their healthier counterparts such as fresh or frozen fruits and vegetables.
Making microwave popcorn in the evening and watching a nice movie at home is fun, right? It might be fun but it’s certainly not healthy. That’s because “microwave popcorns made with the toxic compound diacytel have been associated with lung cancers,” according to Toby Amidor, MS, RD, CDN. The compound has been eliminated from the ingredient list by many food producers but it’s still a good idea to check the labels.
In addition, according to a December 2013 report published in Environmental Health Perspectives, the microwave-safe bags contain man-made chemicals called perfluorooctanoic acid (or PFOA), which is the same chemical used for Teflon. PFOAs have been linked to kidney cancer and testicular cancer, as well as thyroid disease, high cholesterol and high blood pressure during pregnancy.
If you’re a fan of popcorn, check out 6 Surprising Foods You Can Eat Without Gaining Weight and find out how you can consume healthier popcorn.
Speaking of fresh food, health experts all agree that fresh desserts are a much better option than packaged ones. That’s because “processed sweets contain trans fat, which has been shown to increase your risk of developing heart disease.” Researchers haven’t found a clear link between cancer and trans fat, but because they are high in calories they can cause weight gain and increase the risk of obesity. Overweight and obesity are linked to ten types of cancers among which colon and breast cancer.
Processed meats like bacon and deli are convenient and affordable. Unfortunately, they are also cancer-causing due to being preserved by salting, curing or adding chemical preservatives. “Research shows that eating processed meats like bacon and cold cuts can increase your chances for stomach and colorectal cancer,” warns Lindsey Wohlford, wellness dietitian at MD Anderson Cancer Center.
According to the American Institute of Cancer Research, there are several chemicals that have been associated with colorectal cancer:
- Heme is a pigment that maintains color
- Nitrates and nitrites are added to prevent the development of bacteria
- Heterocyclic amines and polycyclic amines result from exposing meat to intense temperatures
Grilled food might be delicious but according to researchers, it can cause serious health problems. That’s because cooking meat at high temperatures such as grilling and charring causes the formation of several unhealthy chemicals called Heterocyclic aromatic amines (HAAs). These carcinogen substances have been found to increase cancer risks in several studies.
More than that, preparing meats such as fish, or chicken to open flames causes the fat juice to drip onto heating surfaces and produce smoke. That’s how polycyclic aromatic hydrocarbons (PAHs) form, compounds that have also been associated with cancer formation. See also 9 Foods That Look Delicious But Could Potentially Kill You.
Fish is one of the healthiest foods on the planet. But not all fish are created equal. With the rise of fish farming, researchers warn about the high levels of cancer-causing pollutants in the farmed fish. For example, according to a study published in the journal Science, farm-raised salmon has a 16 times higher concentration of cancer-causing polychlorinated biphenyls (PCBs), compared to wild salmon.
In addition, farmed fish is treated with antibiotics, which means it could have antibiotics residue, it provides 20% less protein than wild fish and may cause higher levels of inflammation due to the production of more omega-6 fatty acids. If you still want to keep fish in your diet, as recommended by the U.S. Food and Drug Administration, check out What Is the Best Fish to Eat? Here’s Our Top 5.


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Kmart brand. Retailer behind the times again.
Tom Dougherty, CEO – Stealing Share
29 July 2013
The Kmart brand needs Stealing Share
You can often read the signs when a downtrodden brand is getting desperate. In the case of the Kmart brand, it’s a new offer for the members of its loyalty program, Shop Your Way.
On the face of it, the option of customers being able to reserve items online and pick them up at the store (or pay for them at the store) is a reasonable offer for a mass retailer to have.
“That’s because, if you order online, why wouldn’t you just pay for it while you’re online and have it delivered to your house?”
However, the offer won’t steal market share because most retailers already offer this to customers but don’t make a big deal about it. That’s because, if you order online, why wouldn’t you just pay for it while you’re online and have it delivered to your house?
My point: This may have been meaningful 10 years ago, but it’s an afterthought now. It’s like saying your office is now equipped with fax machines. Okaay. They might come in handy, but they’re not all that crucial in the age of email.
Shop Your Way is really a misnomer. Shoppers are already shopping their way: Not at Kmart. The Kmart brand is behind the times once again and needs Stealing Share’s help.
Nextdoor Tom Dougherty, CEO - Stealing Share 11 December 2018 Use Nextdoor, get rid of Facebook About a year or so ago, I kissed Facebook goodbye. Much to my surprise, it’s making me use NextDoor more. My withdrawal from online communities probably isn’t a shocker...
Brand Purpose Tom Dougherty, CEO - Stealing Share 10 December 2018 Brand purpose is not what many think it is So, the marketing term of the year is Brand Purpose, as chosen by the Association of National Advertisers. And what do they use to demonstrate such a term...
Retail market changes Tom Dougherty, CEO - Stealing Share 6 December 2018 Retail market changes are akin to climate change Are you paying attention to the many retail market changes? I am. Some fundamental changes are afoot. I believe the days of large generalized...


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Facebook is trying to expand furthermore its advertising integration within the social network- Sponsored Stories will begin appearing inside the user’s News Feed in a gradual process from early next year, just a couple of weeks from now.
Facebook representatives already confirmed this story to a bunch of online sources pretty openly, with the probable intention of creating some buzz and to allure advertisers around the assimilation of its ads product inside the most occupying feature to the social network’s users.
“You will only see Sponsored Stories in your News Feed about your friends or people you are connected to”. (Facebook’s spokesperson, Annie Ta)
Ads Only From Connections, “Hoping” For One Ad a Day Limitation
Additionally to the confirmations, Facebook representatives also provided few more details about the ads: The users will see in their News Feed Sponsored Stories only from people or pages they are connected with, in an effort to keep the personal touch. The ads will be labeled as “Sponsored” in the right corner of the post, as appears in this screenshot:
Facebook also intends (“hope” as they stated) to show only one Sponsored Story a day for each user in the News Feed. Note that it isn’t an obligation, so it could go up more than once a day. The ads will not appear on mobile devices at start, however it could be the base of the mobile ads rumored to be launched in the next few months. No further information about pricing or ad units has been disclosed yet.
Back in September, the research firm eMarketer, has predicted that Facebook’s ad revenue worldwide will climb to $5.78 billion in 2012 and to $7 billion in 2013. However, since then, few significant changes have occurred: Sponsored Stories have been added to the Friends Ticker, the company reported to launch mobile ads, coupon ads have been experimented and now, additional ads to the News Feed.
When the expected IPO (initial public offering) in 2012 is getting closer, Facebook is looking to increase its ad revenue even more than the bursting number predictions, to attract more investors when the company will go public. With 800+ million users all over the world, every online business owner should combine the social network in his marketing/advertising efforts…


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We have been anticipating a lot since long about the next Nokia masterpiece, Nokia 8. Ahead of its launch, the device has been subjected to number of leaks online. The phone may be launched on August 16.
Nokia 8 to Feature 13 MP Front Camera With 4K Videos Support
The most interesting think that leaks suggest is that the flagship Nokia 8 will come with a high-end 13 MP Selfie camera at front along with 5.3-inch display with 1440 x 2560 pixels resolution.
There have been reports emerged in several tabloids suggest that this Nokia flagship will feature a 13-megapixel camera for selfie enthusiasts. The phone can click high-resolution selfie pictures and is capable of recording 4K videos. Phone’s 13MP camera comprises two sensors as well. They are RGB and monochromatic namely.
Other highlights of the phone include a powerful Qualcomm Snapdragon 835 processor, 4GB RAM and 64 GB expandable storage.
It’s also being said that this Nokia flagship will be an Android O device. Though, there are stark speculations of the device with Google’s newest OS version. The Nokia 8 may have a price tag of 520 GBP in Europe.
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Trio boost TISS’ UK sales team
TISS Ltd has expanded its UK sales team with a trio of talented sales people.
We have brought in three new faces who will build on relationships with existing customers and assist new fleets who are frustrated with fuel loss.
Sam Newsham, Steven Heatley-Hughes and Chris Baxter will work with fleet owners in dedicated regions across the country.
Snowboarding enthusiast Sam will look after the south and east of England, while professional helicopter pilot Steve will support customers and prospects in the north, Northern Ireland and Scotland. International Business and Management graduate Chris is focussed on Wales and west England.
TISS design and manufacture a range of TankSafe® anti-siphon products which have been fitted to thousands of customers around the globe, saving fleet operators millions on their fuel bills.
Katherine Wholey, managing director of TISS Ltd, said: “We are delighted to welcome Sam, Steven and Chris to TISS Ltd as we continue to expand our operations in the UK market.
“Fuel security and safety is a concern for many fleets around the country and our TankSafe® devices are key to protecting fleet owners’ bottom line in the fight against fuel theft.”
For more information on TISS and its TankSafe products follow this link to the contact page.


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Amazon, the retail giant, has disclosed that it has more than 181 million users in the European Union (EU) and employs over 150,000 individuals in the region. These revelations were part of the company’s first store transparency report, which is mandatory under the EU Digital Services Act (DSA). The report provides insights into Amazon’s user base, its compliance efforts, and the challenges it faces regarding platform categorization.
1. The Implications of the EU Digital Services Act (DSA):
1.1 Understanding the DSA’s Scope:
The DSA, implemented in August, introduces new regulations for content moderation, user privacy, and transparency. These rules are aimed at “very large online platforms” (VLOP) with more than 45 million users in the EU. Amazon, disputing its classification, argues that it is not the largest retailer in any EU country where it operates.
2. Amazon’s User Base in the EU:
2.1 The Dominance of Germany:
Amazon’s largest market in the EU is Germany, with over 60 million monthly active users. This figure highlights the vast reach the company has in the country, underscoring its importance as a significant market for Amazon.
2.2 Italy’s Prominence:
Following Germany, Italy hosts the second-largest user base with 38 million users. This demonstrates the significant presence Amazon has in Italy, substantiating its position as a major player in the region.
3. Amazon’s Local Operations:
3.1 Corporate Offices:
With corporate offices across 50 European cities, Amazon’s vast physical presence further strengthens its operations in the EU. These offices serve as hubs for various functions, including customer support, sales, and marketing.
3.2 Logistics Centers:
Amazon also operates 250 logistics centers in the EU, which aid in facilitating efficient distribution and delivery processes. These centers contribute to Amazon’s ability to provide timely services to its customers across the region.
4. Content Moderation Efforts:
4.1 Proactive Content Removal:
During the first half of 2023, Amazon undertook 274 million actions to proactively remove content that violated its policies or entailed non-illegal content. This significant number reflects the company’s commitment to maintaining a safe and compliant digital environment.
4.2 Legal Requests:
Amazon received 8,863 legal requests from EU governments in the same period, indicating the demands placed on the company to share user information. Managing these requests while safeguarding user privacy remains a complex challenge.
Amazon’s first store transparency report offers a comprehensive look into its business operations in the European Union. With over 181 million users and more than 150,000 employees across the region, Amazon’s influence is substantial. The report also sheds light on the company’s efforts to address content moderation and comply with the EU Digital Services Act. As Amazon continues to navigate regulatory landscapes, its transparency initiatives will likely play a vital role in enhancing trust and accountability with its EU user base.


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Arnold Schwarzenegger zombie movie Maggie gets 2015 release date
Maggie , the upcoming film that unfolds during a zombie plague and stars Arnold Schwarzenegger and Abigail Breslin, will arrive in theaters in early 2015.
Terminal Cancer Isn't Your Everyday Fantasy Setting
David Cumbo is a veteran concept artist who has been at Ratchet & Clank and Resistance developers Insomniac Games for the past 7 years.
Xbox Live was the deciding factor in 'Sunset Overdrive' as an Xbox One exclusive
Insomniac Games , the studio behind the upcoming Xbox One exclusive " Sunset Overdrive ," explained Thursday why it took its latest game to Microsoft 's console and not Sony's.


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Kazakhstan plans to export grain to Black and Baltic Sea regions
Azerbaijan, Baku, Nov 3 /Trend E. Kosolapova/
Kazakhstan plans to export 2.5 million tons of grain to the Black and Baltic Sea regions, Kazakh Minister of Agriculture Asylzhan Mamytbekov said, Kazakhstan Today reported.
"Measures have been taken to promote exports to the Black and Baltic seas regions where our grain has been uncompetitive. We will deliver about 2.5 million tons of grain in this direction," said Mamytbekov at a plenary session of the Senate [Kazakh Parliament's higher chamber].
According to Mamytbekov, 8 million tons of grain more will be sent to traditional markets.
Kazakhstan expects to harvest at least 26 million tons of grain in net weight, Novosti-Kazakhstan reported. It will be a record grain harvest of 60 years.
Export potential is estimated at 15 million tons.
Kazakhstan is also considering possibility for exporting grain to the African countries, the Food Contract Corporation of Kazakhstan told Trend earlier.


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Lucky Cashew Meal hits supermarket shelves
Made of grounded cashews, the meal is a flour alternative, similar to almond meal.
Lucky Nuts says the cashew meal can be used in wheat-free baking and as an substitute to breadcrumbs. The meal can also be added to smoothies, protein balls or curries.
Nutritionist for Lucky Nuts, Kara Landau, says that the meal includes protein, iron, magnesium and zinc.
“Its high level of zinc also helps to fight infections. This higher than any other tree nut,” said Landau.
Lucky Nuts is owned by Select Harvest and sells a variety of nuts and nut-based products including almond, hazelnut and pine nut offerings. The company was started when founder Allen Leach started producing confectionery in Canterbury, Victoria in 1957.
Lucky Nuts Cashew Meal is available now from Coles supermarkets. The recommended retail price is AUD$7.99 and it is made from cashews sourced from Vietnam.
Lindt is expanding its Australian presence, opening a new retail store in Canberra.
Nutella is updating its 3kg tub packaging with users having difficulties with the original design.
Retail Food Group’s (RFG) Pizza Capers is trying to win over customers with a new twist on its regul...
COYO is now selling a new coconut yoghurt containing hemp.
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Nestle Australia has released two new KITKAT flavours, ‘KITKAT Mint 2 Ways’ and ‘KITKAT Caramel Pret...
FIVE things from five experts you need to know about the honey wars and what comes afterwards.
THE winners have been announced in an annual healthy food awards event, aiming to cut through the la...


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Windhoek Namibians can expect the price of food to continue rising, as food inflation - mainly driven by demand and supply forces - is expected to continue its upward trend for the rest of the year due to a shortage of staple foods, such as maize and cereal, as a result of the severe and lingering drought. Overall inflation was reported at 6.2 percent in April, compared to 6.3 percent in March, having shot up from 5.2 percent in December to 7 percent in February. However, despite the slight moderation in inflation, food inflation specifically soared to a four-year high of 11 percent in April, up from 9.8 percent in March. “We anticipate inflation to remain relatively high and average at 6.5 percent by the end of the year,” said Purvance Heuer from Simonis Storm Securities. He bases his assessment on currency-triggered inflation. “Imported inflation is expected to continue coming through moderately due to the weak Rand that we expect to prevail throughout the year. This would be more pronounced in the food and non-alcohol beverages categories. The rebound in the prices of energy commodities (such as fuel) are also expected to keep inflation high, particularly in housing and transport categories,” Heuer explained. He added that supply side constraints also continue to play a major role in determining food prices. “The water crisis and the 20 percent restriction imposed by NamWater are expected to reduce the production capacity of beverages in Namibia. We anticipate the shortfall to be imported, thereby increasing the degree of inflation in the country,” Heuer noted. Another factor contributing to the rapid increase in food prices is the weakening of the South African Rand against the United States Dollar. “Since South Africa is Namibia’s main trading partner, it has been importing much inflation from international markets. This has had a carry-over effect on the general level of prices in Namibia,” Heuer further explained. Capricorn Asset Management’s investment strategist, Suta Kavari, concurred with Heuer, saying the jump in food prices was largely in response to shortages in food as a result of the persistent drought and a weak Rand, which has made imports more expensive. One of the local products that has experienced an exceptionally high rate of inflation is chicken, which has seen prices rise astronomically compared to last year. Consumers are bemoaning the fact that they have to spend between N$60 and N$75 for a N$1.5 kg bag of chicken. At around the same time last year the same product was available for between N$40 and N$50. “We cannot afford to eat chicken anymore. It has just become too expensive,” complained a concerned customer at a local supermarket yesterday, as a 2 kg bag of chicken can now cost between N$65 and N$100, depending on which retail outlet is used. Last year the same size chicken bag could be bought for between N$60 and N$80.
2016-05-20 09:45:39 2 years ago


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Success at Rail Live for first time exhibitors Green-tech
Green-tech made its debut as an exhibitor at Rail Live 2017 which took place recently in
Heralded the largest outside rail show in Europe, Rail Live 2017 is an indoor and outdoor rail show aimed at the entire rail sector. The event enables exhibitors to showcase their products and services against the backdrop of a real rail environment.
Experts in tree planting, vegetation management, biodiversity and conservation solutions, leading landscape supplier Green-tech showcased its Green Screens, chemicals, wildflowers and tree planting products.
Head of Sales for Green-tech, Richard Gill commented,
“This was a great opportunity for Green-tech. The Rail market is a huge growth market for landscape companies. Their needs are vast and present fantastic potential for erosion control, vegetation management, wildflower and tree planting suppliers. The show provided the perfect platform to understand the supply chain; the challenges and opportunities available within the rail industry. There was a lot of interest in our products and we came away with several good quality leads. This was our first visit but it won’t be our last; we will definitely be returning to exhibit next year.”
Green-tech was invited to exhibit at Rail Live 2017 and as the only soft landscaping supplier was well received. They received a lot of interest in their wildflower seed and tree planting products, as well as their erosion control products and green screens which provide a green alternative to fencing and barriers.


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Okay, Google won’t be winning any prize this year for keeping their smartphones in secret before the unveiling. Following a stream of leaks that have pretty much revealed everything about the Pixel 3 XL, a new set of pictures leaked today. This time, we have the Pixel 3 featuring a notchless design.
The handset bring a standard screen with no notch, 5.5-inch with 2160×1080 pixels of resolution and dual-stereo speakers. On the back we have a single camera sensor, coupled a dual-tone LED flash. Like previously speculated, a dual-tone color made of a shiny glass above and frosted glass below. Elsewhere, we can also spot a fingerprint scanner, and at the bottom part the Google’s “G” logo marking a presence. Speratedly, the smartphone frame features a glossy finish with an elongated volume rocker and power button.
Gizchina News of the week
On the camera department the Pixel 3 will bring the same camera capabilities of its bigger brother. While this leak doesn’t reveal much about the rear camera, it confirms the 8MP f/1.8 aperture lens for the front-facing sensor. Selfie lovers can expect a “Super-Selfie” mode and outstanding portraits, thanks to the Google’s Camera and its image processing algorithm.
When it comes to the processing power, we have the Snapdragon 845 chipset paired with 4GB of RAM. According to the leaked screeshot the smartphone runs Android 9.0 Pie and is fueled by a modest 2,915mAh battery. Both Pixel 3 and Pixel 3 XL are reportedly coming on October 9. Furthermore, they should be sold as Verizon’s exclusive smartphones. However, the source of this pictures has informed that this device is being tested in different networks. This could mean that this exclusivity will only be temporary.


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Three Dead, Including Shooter, After Shooting at Oregon Mall
PORTLAND, Ore. (AP/WGGB) — Police say at least three people are dead, including the shooter who shot himself, after allegedly opening fire Tuesday in a Portland, Ore., area shopping mall.
Officials with the Clackamas County Sheriff’s office said in a press conference around 8:30 p.m. that two people were killed and at least one victim was taken to the hospital with a traumatic injury.
Kira Rowland told KGW-TV that she was shopping at Macy’s with her infant when the shots started.
“All of a sudden you hear two shots, which sounded like balloons popping,” Rowland told the station. “Everybody got on the ground. I grabbed the baby from the stroller and got on the ground.”
Rowland said she heard people screaming and crying.
“I put the baby back in the stroller and ran like hell,” Rowland said. “It was awful. It was shots after shots after shots like a massacre.
“It was just awful.”
Holli Bautista, 28, said she was shopping in the Macy’s for a Christmas dress for her daughter when she heard a two or three pops that sounded like firecrackers.
“I heard people running and screaming and saying ‘Get out, there’s somebody shooting’,” she told The Associated Press. “It was a scene of chaos.”
She said hundreds of shoppers and mall employees started running, and she and dozens of other people were trying to escape through an exit in the department store.
Bautista said the Macy’s opens into the food court area, where it was reported the shootings took place. Bautista said it sounded like the shots were coming from that direction.
Once Bautista made it out of the mall, police officers were directed her and the other shoppers across the street to another shopping center.
As she looked across the street, Bautista said she could see hundreds of police officers, firefighters and emergency workers pouring in.
“They’re coming in from multiple different agencies. There’s tons of ambulances lined up,” she said.
Macy’s employees Pam Moore and Austin Patty told the AP the shooter was short, with dark hair, dressed in camouflage. He had body armor and a rifle and was wearing a white mask, they said.
“I heard about 20 shots and everyone hit the ground,” Moore said. “That’s when we all just ran.”
Associated Press writer Michelle Price in Phoenix contributed to this report.


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Now, that Ford and Mahindra have amicably agreed not to form a Joint Venture (JV), what does it mean for the future of both brands in the Indian market?
Ford and Mahindra have officially announced that their proposed joint venture will not go through. The announcement follows the passing of the December 31st 'longstop,' or expiration date of a definitive agreement the organizations entered into in October 2019. 'Fundamental changes in global economic & business conditions – caused, in part, by the global pandemic – over the past 15 months' is cited as the key reason to call off the JV.
On 1st October 2019, both Ford and Mahindra had signed on to a Joint Venture (JV) that was valued at $275 million (₹1,925 crores approx.). Aimed at the development, marketing, and distribution of Ford vehicles in India and some Ford and Mahindra products in high-growth international markets, the JV, as per the original timeline, was expected to take off by mid-2020. This was all proposed before the pandemic though. As per the agreement, Mahindra would have a 51 per cent controlling stake in the JV while Ford would own the remaining 49 per cent stake.
The impact on both brands
Ford in its official statement has said that 'its independent operations in India will continue as is. The company is actively evaluating its businesses around the world, including in India, making choices and allocating capital in ways that advance Ford’s plan to achieve an 8% company adjusted EBIT margin and generate consistently strong adjusted free cash flow.' How long can Ford continue its independent operations in India though is the key question here.
Likewise, Mahindra reiterated its commitment to its future product line-up by stating, 'This decision will not have any impact on the company’s product plan. It is well-positioned in its core true SUV DNA and product platforms with a strong focus on financial performance.'
Though the following is yet to be confirmed, the latest speculation suggests that Ford will eventually turn to Mahindra for a contract manufacturing agreement to build its upcoming C-SUV (expected to arrive in early 2022) at Mahindra's Chakan plant, that will be based on the new XUV500 (expected to be launched in the first half of 2021). While the Ford C-SUV is also likely to mirror the engine options of the new XUV500, a similar powertrain sharing can also be expected between the updated Ford EcoSport (arriving sometime in 2021) and the Mahindra XUV300 (expected to receive a mStallion petrol motor).


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Auction house Sotheby's had estimated that the pear-shaped Sun-Drop Diamond would fetch between $11 million and $15 million at auction Tuesday in Geneva.
It was bought by a telephone bidder.
The diamond was sold by New York-based company Cora International, which discovered the jewel in South Africa last year.
Gemologists rate the 110.3 carats diamond as fancy vivid yellow - the highest possible color grading.
The color in yellow diamonds is caused by nitrogen impurities trapped within carbon molecules and hardened over the course of millions of years.
The sales price doesn't include the auctioneer's commission and any taxes the buyer might have to pay.


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Fast-Growing Business Analytics Company Ramps Up for Next Phase
October 4, 2011, — Pentaho, the Business Analytics company providing power for technologists and speed for users, today announced the appointment of Quentin Gallivan as its new CEO. With sales and market presence expanding at a record pace, Pentaho recruited the industry veteran to aggressively lead the company through its next phase of growth. Founding CEO, Richard Daley, will remain active on the Board of Directors and assume the role of Chief Strategy Officer where his focus will be on strategic initiatives, customer and partner relationships and leading product strategies including Big Data, customer adoption and Cloud Analytics.
Mr. Gallivan has a winning track record of scaling technology companies in high-growth markets over the last 20 years. Highlights include:
"Quentin Gallivan came to our attention because of his proven ability to lead top-performing teams, his passion for the analytics market and his track record in driving shareholder value," said Rob Bearden, Chairman of the Board, Pentaho. "Pentaho has a fast-growing customer and partner base and we're confident that Quentin will successfully lead the company into the next phase of growth in an explosive BI and analytics marketplace."
"While organizations everywhere are struggling to integrate and analyze massive volumes of data, Pentaho is uniquely positioned as the only technology provider with a full suite of tools to help its customers unleash the power of their data," said Richard Daley, Founder and Chief Strategy Officer, Pentaho. "I look forward to teaming with Quentin on our quest to be the leader in Business Analytics."
"I am passionate about Analytics and appreciate the challenges that companies have in gaining insight from the massive amounts and diversity of data that they collect and manage," said Quentin Gallivan, CEO, Pentaho. "Pentaho is the one company that can bring together - in an integrated and low-cost platform - the traditional world of transaction data with the new world of web, social media and device data."
Pentaho is hiring. Learn more about open positions in sales and services worldwide at http://www.pentaho.com/careers/.
Visit the Pentaho digital newsroom to find out what's new at Pentaho and join the conversation on the BI from the Swamp Blog, Facebook, LinkedIn and Twitter http://www.pentaho.com/news/.
About Pentaho, a Hitachi Group company
Pentaho, a Hitachi Group company, is a leading data integration and business analytics company with an enterprise-class, open source-based platform for diverse big data deployments. Pentaho's unified data integration and analytics platform is comprehensive, completely embeddable and delivers governed data to power any analytics in any environment. Pentaho's mission is to help organizations across multiple industries harness the value from all their data, including big data and IoT, enabling them to find new revenue streams, operate more efficiently, deliver outstanding service and minimize risk. Pentaho has over 15,000 product deployments and 1,500 commercial customers today including ABN-AMRO Clearing, BT, EMC, NASDAQ and Sears Holdings Corporation. For more information visit www.pentaho.com.


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“Developed by id Software, ‘Doom Eternal’ is the direct sequel to ‘Doom,’ winner of The Game Awards’ Best Action Game of 2016. Experience the ultimate combination of speed and power as you rip-and-tear your way across dimensions with the next leap in push-forward, first-person combat,” Bethesda writes in a new blog post. “Powered by idTech 7 and set to an all-new pulse-pounding soundtrack composed by Mick Gordon, ‘Doom Eternal’ puts you in control of the unstoppable Doom Slayer as you blow apart new and classic demons with powerful weapons in unbelievable and never-before-seen worlds.”
The annual Electronic Entertainment Expo, better known as E3, takes place at the Los Angeles Convention Center from June 11 to 13. As is tradition, however, things kicked off early on Saturday at 12 p.m. ET with Electronic Arts’ EA Play event, which was held at the Hollywood Palladium on June 8 and 9.
Microsoft had its big Xbox E3 2019 Briefing on Sunday, June 9, at 4 p.m. ET. Publishers Bethesda and Devolver Digital also hosted press conferences that same evening at 8:30 and 10 p.m. ET, respectively.
E3 2019 is coming to Los Angeles on June 11 through 13, and we’ll cover all the highlights of the event here at Variety as well.


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Apple has very high expectations for the new iPad. The company has sold millions of these tablets already and will sell a ton more in the upcoming months. So it is not a surprise that Apple has released a statement to get ahead of the talks of the new iPad overheating. An Apple representative had this to say about the new iPad and its heating issue:
The new iPad delivers a stunning Retina display, A5X chip, support for 4G LTE plus 10 hours of battery life, all while operating well within our thermal specifications … If customers have any concerns, they should contact AppleCare.
Of course, thanks to the test by the site Tweakers.net, we know that the new iPad does get hotter than the iPad 2. During the test, the iPad 3’s hottest point was 92.5 degrees Fahrenheit. While it sounds quite hot, it is well withing the Apple’s limits. Apple has had the tendency to ignore problems of this type in the past. It has gotten ahead of it with the above statement. Not everyone will be concerned with their tablets getting a bit warm. Those who do will have a chance to figure the issue out with Apple’s customer support team.
The new iPad may get a bit warm, but we have not heard stories about it exploding all of a sudden. Exploding iPhone stories have been around for quite some time. The latest one belongs to a 51 year old woman who told Mashable her iPhone 4 burst into smoke inches from head. There is no need to be alarmed on this issue though. While we have heard a few similar iPhone stories in the past, the issue does not seem to be widespread. Apple has not responded to the story yet. It will be interesting to see how the company handles this.
Have you got a horror story about your iPhone and iPad? Please share…


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Marco Calcagni, Sales Director, Omet
The world of tissue has also certainly been affected by the situation, in particular the AfH market. Undoubtedly in 2020 we saw a decrease in demand in the AfH sector. However, this is partially balanced by the increase in demand in the consumer sector.
We believe that 2021 will be a year to discover! The psychological effects of the pandemic have generated a lot of market instability. I don’t think e-commerce can give a strong input into the tissue market, but I’m convinced that good opportunities can arise in the private label sector.


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Ferrero has introduced a new eco-designed box for its Ferrero Rocher range, as part of its ongoing commitment to making 100% of its packaging reusable, recyclable or compostable by 2025.
The eco-designed boxes is being phased into production, starting with the 16-piece and 30-piece boxes and are made from polypropylene (PP), which enables easier recycling globally.
Using 38% less plastic for the 30-piece and 40% less plastic for the 16-piece, the supplier will save approximately 2,000 tonnes of plastic globally in its first year.
In the UK, Ferrero will continue with its Terracycle partnership to offer a free national recycling programme, which is an immediate option available to make all Ferrero Rocher, Ferrero Collection and Kinder packaging recyclable across the UK.
Fabio Mora, global packaging director of The Ferrero Group, said: “The programme will cover our products in these ranges and has been developed to address gaps in the UK’s recycling infrastructure, which currently cannot recycle all types of packaging.
“The Ferrero Rocher eco-designed box is a clear example of our dedication to enhancing packaging circularity. Packaging is a complex issue that we are committed to working in close collaboration to build a more circular economy through packaging-related strategies, joining forces with governments, manufacturers, suppliers, waste disposal management companies, NGOs, and others.
“In this instance, we worked in close partnership with Milliken to help reduce the environmental impact through the use of a new polypropylene material for the Ferrero Rocher box.”


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MILAN — Boosted by a “prolonged” sun season, surging sales in emerging markets and in the U.S., a positive performance both at retail and wholesale, and despite the depreciation of the dollar against the euro, Luxottica Group SpA posted 9.1 percent growth in net profits in the third quarter to 111.2 million euros, or $150.1 million, compared with the same period last year.
Adjusted net profit climbed 4.1 percent to 106.1 million euros, or $143.2 million. Adjusted figures do not include an extraordinary gain of about 21 million euros, or $28.3 million, related to the acquisition of the 40 percent stake in Multiopticas Internacional; nonrecurring costs related to Luxottica’s 50th anniversary celebrations of about 12 million euros, or $16.2 million, and nonrecurring restructuring and start-up costs in the retail division of approximately 11.8 million euros, or $16 million.
In the three-month period ended Sept. 30, sales rose 4 percent to 1.52 billion euros, or $2.05 billion.
At constant exchange rates, sales would have grown 10 percent. Dollar figures were converted at average exchange rates for the periods to which they refer.
Luxottica, which held its 50th anniversary celebrations in the period, owns the Oakley and Ray-Ban labels, and holds eyewear licenses with brands including Bulgari, Burberry, Chanel, Dolce & Gabbana, Donna Karan, Polo Ralph Lauren, Prada, Salvatore Ferragamo, Tiffany and Versace. Last year, the company inked an agreement with Coach that will start in January.
The Italian eyewear maker trumpeted the performance of Ray-Ban and Oakley, defined as “exceptional,” and of luxury brands Burberry, Tiffany and Ralph Lauren.
Chief executive officer Andrea Guerra cited solid sales growth across the board, including a 7.8 percent gain in North America in U.S. dollars in the quarter, and jumps in India, China Brazil, Italy, South East Asia and Latin America, where retail chain GMO joined Luxottica’s organization.
The retail chain Sunglass Hut also continued to grow strongly, with sales increasing by more than 15 percent during the quarter. The company said the Australian and Chinese retail businesses also performed very well in the third quarter.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)


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Why is bargaining in 2015 different from what it was forty years ago?
From the 1950s through the early 1980s, the U.S. auto industry was virtually 100% union. But the nonunion sector of the industry has been growing steadily since the mid-1980s, and this trend has accelerated since the year 2000. In 2003, roughly 79% of the vehicles assembled in the U.S. came from unionized plants. By last year, that had fallen to roughly 55%. The resulting loss of bargaining power has had a devastating impact on autoworkers – union and nonunion alike. Average hourly pay for autoworkers in this country peaked in 2003 (once inflation is factored in). Since then, purchasing power of an average hour’s pay has fallen more than 20%. By organizing the competition, we can set standards for the entire industry. If we fail to organize them, our competitors will be setting standards for us.


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Experience yet more immersive and powerful game engine, points transfer, and scouting database in this latest release by Sports Interactive
Sports Interactive has released its latest game title, Football Manager 2012. Almost keeping a trend, several new features have been added in this version as well. Features such as player contract, loyalty bonuses, incentives, scouting, team interactions, etc have been tweaked for a better gameplay. In addition, efforts have been done to improve the appearance and visuals of the game as well. Two new camera angles have been included – ‘Behind Goal’ and ‘Director Cam’. Higher resolutions would let you view more on-screen information. Two new screens, named tactics and overview, have been included too. You would also notice a new tutorial and ‘how-to’ feature in this new version. The game has been developed for Windows and Mac OS.
Football Manager 2012 is a game that has almost everything about worldwide soccer players and clubs. Its previous versions have been a scouting guide for real-world clubs for a long time, which simply outlines the realistic and vast resource the game series offers in its game database. The first title of this series made its debut in 2004, which was published by Sega in association with Sports Interactive. However, the game was originally introduced for the first time in 1992 under the name Championship Manager, in partnership with the former publisher Eidos Interactive.
The developers, Sports Interactive, have kept the game engine very impressive and even better. You would experience flawless performance during the entire game. “We’re constantly watching the whole of the football world, and dealing with people inside football, to find out out what’s changing. It’s interesting how involved we’ve become in football, and how much the football world accepts us. Certainly among the younger people involved in the sport, they grew up playing Football Manager, and now they’re going into positions of power in clubs; its influence is only going to become more prevalent,” said Miles Jacobson, managing director, Sports Interactive.
You can buy this game from the official website of Football Manager 2012. To download more such soccer games as Google Chrome extensions, click here.
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Dino Storm Hits New Milestones
While dinosaurs in the Wild West might seem quirky, Dino Storm, a free-to-play MMO from Splitscreen Games, is quickly rocketing in its success.
Since the game’s open beta started five weeks ago, Dino Storm has seen 350,000 registrations without extra marketing efforts – bringing them past the one million registered player mark.
Dino Storm has also been nominated for “MMO of the Year” for “Best Action Browser MMO.” MMO of the Year grants a jury prize for one nominee and a public award based on popular voting. Award winners will be announced on February 15.
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Ticketmaster has launched a new fan-to-fan ticket exchange after closing its secondary ticketing platforms.
The company formerly operated GetMeIn And Seatwave, where tickets could be sold at inflated prices. GetMeIn was officially closed yesterday (December 7), while Seatwave shut down a few weeks previously.
The new ticket exchange will allow fans to buy and sell tickets for face value plus fees or less. The site explains that once sold, tickets will be reissued to the buyer and are verified by Ticketmaster.
In a statement issued in August, Ticketmaster UK MD Andrew Parsons said: “Our number one priority is to get tickets into the hands of fans so that they can go to the events they love. We know that fans are tired of seeing tickets being snapped up just to find them being resold for a profit on secondary websites, so we have taken action.
“Closing down our secondary sites and creating a ticket exchange on Ticketmaster has always been our long-term plan. We’re excited to launch our redesigned website which will make buying and selling tickets fast and simple, with all tickets in the same place.”
In recent months, increasing numbers of artists have begun to ban tickets bought through secondary ticketing sites at their shows. In January, the government passed new legislation that banned touts from using bots to buy tickets in bulk.
While ticket touting itself is still not illegal, it is now a criminal offence to use automated technology to purchase large amounts of tickets to then be sold on at inflated prices.
Last year, a study found that the majority of the UK believe that secondary ticketing websites were a “rip off”, with music fans paying hugely inflated prices for tickets to in-demand gigs. The survey, commissioned by anti-touting initiative FanFair Alliance and supported by See Tickets and The Ticket Factory, found that 80% of the British public believed that they were being extortionately charged by secondary ticketing websites such as ViaGoGo and GetMeIn.


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The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Hello BoF Professionals, your exclusive 'This Week in Fashion' briefing is ready, with members-only analysis on the key topic of the week and a digest of the week's top news.
For Silicon Valley, Mary Meeker is a seer. The former Wall Street analyst became famous for her ability to accurately predict the future performance of internet stocks. Now a venture capitalist, her Internet Trends Report, first published in 1995, is considered gospel by technology executives the world over, who view her insights on changing consumer behaviour as sign posts on where to take their businesses next.
Meeker and her team pore over millions of data points each year in order to be able to synthesise the most important changes in and around technology. And this time their report spans 333 slides unpacking the state of the internet and associated consumer shifts.
These insights might have once been most relevant to the tech companies working alongside Meeker in Silicon Valley, where she has started her own fund Bond Capital, which has already raised $1.25 billion, after leaving troubled venture firm Kleiner Perkins. But today the internet is increasingly the operating system on which business runs and every company is a technology company.
In fashion, the way products are created and consumed has changed significantly over the past 100 years, but the industry’s leaders are waking up to the fact that success in the current market requires a willingness to further evolve if not disrupt existing models in light of the big shifts brought about by the internet.
Here are nine key observations from Meeker’s report that every fashion leader should be thinking about:
1. More than half of the people in the world are internet users. So it's no surprise that user growth is slowing, although it remains steady. What's important to know is that the amount of time users spend on the internet is growing — which means increased commerce opportunities. What's more, the biggest growth in users will come from the Asia-Pacific region, particularly China, a key area of sales growth for fashion brands.
2. YouTube and Instagram are the platforms gaining the most share of time spent on the internet. But social media usage is decelerating overall. This bodes well for visual, video-driven applications and platforms like TikTok, a new challenger to Instagram and Snapchat.
3. Fashion brands should not sleep on voice-activated selling. Over 100 million Amazon Alexa's have been sold, according to data released by the company at the end of 2019. But more importantly, the number of third-party companies plugging into Alexa have increased exponentially. (For instance, users can check their Capital One bank balance, or order Starbucks coffee ahead of time.) While Amazon's voice-controlled camera, Echo Look, failed to make significant waves when it launched in 2017, brands are using AI to offer users style advice and make purchasing decisions.
4. E-Commerce is still growing, but so is physical retail. However, e-commerce did grab a little more market share — it now makes up 15 percent of retail sales in the US — indicating that the dynamics between the two channels will continue to shift. While physical retail remains important to fashion, brands will need to think harder about how they use those spaces to drive consumer engagement and conversion.
5. Digital advertising continues to dominate. However, it's changing. The decline of print may not be surprising, but the rise of online video has begun to deeply affect traditional television advertising as well. Advertising spending on mobile and desktop far exceeds television, and internet advertising spending was up 22 percent last year. But revenue on the leading platforms is decelerating, with Amazon, Twitter, Pinterest and others gaining share from Facebook and Google.
6. Customer acquisition costs are rising. It's never been more expensive to acquire customers online, which explains why so many digital-first brands are opening up physical retail stores. But there is a way to make digital marketing work. Meeker's key insight is that "customer acquisition costs can't exceed lifetime value for very long." Brands need to come up with an effective marketing plan that is also efficient. If the product is good, the customer will be happy and recommend it to others. Stitch Fix says that every item they sell is "based on recommendations." The challenge for brands is to avoid the crash-and-burn of overspending on customer acquisition, especially when many of those customers will never return.
7. Consumers are increasingly part of the conversation before a product is even designed. One of the most interesting companies Meeker highlights is China's Pinduoduo, a social shopping app that employs a "consumer-to-manufacturer" model, which means that it surveys its audience before making requests to upstream providers, like clothing manufacturers. In the traditional model, brands and manufacturers dictate, and consumers react, meaning that it's difficult to predict what will perform well. Companies like Glossier, WhoWhatWear and StitchFix are already working in this new way by culling audience data, but it has yet to infiltrate high fashion.
8. Image creation and sharing continues to ramp up. Humans have always told stories through images, and platforms like Snapchat and Instagram have made that even easier to do in a beautiful, effective way. For brands, image-based communication, enabled by computer vision and artificial intelligence, will become increasingly important.
9. Personalisation is key, but it's less about products and more about service. While personalised products remain somewhat of a novelty, personalised service is a key conversion driver. That's because data — combined with artificial intelligence — can help brands increase customer satisfaction. In fact, 91 percent of customers prefer brands that provide personalised offers and recommendations.
THE NEWS IN BRIEF
FASHION, BUSINESS AND THE ECONOMY
A Topshop store | Source: Shutterstock
Landlords vote to approve rescue plan for Philip Green's Arcadia. Topshop, Miss Selfridge and other Arcadia fashion chains will survive after landlords voted Wednesday by a slim margin to accept the troubled retailer's plan to lower rents and close dozens of stores. Arcadia said it secured the required three-quarters majority support for its company voluntary arrangements, or CVAs. The plans save Arcadia from entering administration, where its seven chains might have been sold off or liquidated.
Ted Baker shares sink after "extremely difficult" start to year. The fashion retailer has sunk deeper into trouble after it warned that underlying profit for the year would likely be at least £10 million below analysts' estimates after an "extremely difficult" start to 2019. Shares, which fell 43 percent last year and another 14 percent before Tuesday's opening, were down by a quarter in the first few minutes of trading after it blamed promotions and unseasonable weather in North America, which accounts for a third of its revenue.
Hudson's Bay posts wider-than-expected loss. The Canadian department store operator posted a wider-than-expected loss and a 3.3 percent fall in first-quarter revenue as it closed some stores and sales at its Lord & Taylor unit fell. The owner of Saks Fifth Avenue is evaluating a C$1.74 billion ($1.3 billion) go-private cash offer from its executive chairman and other shareholders. The struggling retailer has been shutting its underperforming shops to cut costs and exploring strategic alternatives, such as a sale or merger of its department store Lord & Taylor.
Chanel looks to green technology investments. The French luxury house has taken a minority stake in a green chemistry firm that's exploring ways silk could replace chemicals used in clothing manufacturing — the latest move in a growing emphasis on tackling fashion's climate issues at Chanel. Boston-based Evolved by Nature has developed a natural, silk-based alternative to the harsh and toxic chemicals currently used to create many high-performing textiles. The company's patented activated silk can reduce the pilling in cashmere, or enhance the performance characteristics of nylon and polyester.
Lululemon beats quarterly estimates and raises full-year forecast. The Canadian athletic apparel maker's first-quarter profit and revenue beat analyst expectations, as efforts to boost sales at its stores and online investments paid off. Lululemon raised its full-year profit and revenue forecasts, and predicted earnings per share between $4.51 and $4.58, higher than its previous estimate of $4.48 to $4.55. Total comparable sales rose 14 percent, while analysts had expected a rise of 11.6 percent.
Inditex says sales on track as profitability improves. The Zara owner reported a better gross margin and maintained its sales forecast for this year, quelling analyst concerns that the goal may be too challenging. The gross margin widened 60 basis points to 59.5 percent. The company maintained its forecast for 4 to 6 percent like-for-like growth this year. These are probably the last results to be announced by Chief Executive Pablo Isla, with Carlos Crespo set to replace him after the company's annual shareholder meeting next month. The stock has risen 13 percent this year.
Lanvin's Chinese owner seeks investors for fashion unit. Fosun International Ltd is seeking to sell a stake in its fashion unit to outside investors as part of plans to revamp the business. Fosun Fashion Group, whose portfolio includes French luxury brand Lanvin, is targeting to raise more than $100 million. It has started gauging interest from potential investors including several Asian family offices. Proceeds will be used to help expand the brands and improve their profitability, and Fosun Fashion is considering a Paris IPO in several years among other options, according to people familiar with the matter.
Britain's Boohoo bucks subdued retail market with stellar sales. The British online fashion group, which sells own-brand clothing, shoes, accessories and beauty products, saw robust sales growth in its latest quarter. Group revenue rose 39 percent to £254.3 million ($323.5 million) in the three months to May 31. The group's UK sales were up 27 percent and international sales were up 56 percent. Boohoo's shares, up 42 percent so far this year, closed Tuesday at 230.1 pence, valuing the business at £2.67 billion ($3.4 billion).
THE BUSINESS OF BEAUTY
Tatcha mystery bags | Source: Courtesy
Unilever buys Tatcha skincare. The world's largest cosmetics companies have been acquiring upstart brands in recent years as they search for the next big hit, often picking labels that attract younger, trendier shoppers. Unilever agreed to buy skincare brand Tatcha, which makes creams based on a foundation of green tea, rice and algae, seeking to ride a wave of demand for Asian-influenced cosmetics. Tatcha was founded a decade ago in San Francisco and has an innovation centre in Japan. A price was not disclosed.
Holli Rogers | Source: Courtesy
Farfetch names Holli Rogers chief brand officer and chief data officer. The e-commerce platform has announced a series of changes to its executive team, including the appointment of Kshitij Kumar as the company's first chief data officer, and Holli Rogers as chief brand officer. Kumar joins Farfetch from Zalando, where he was vice-president of data solutions, while Rogers, who was previously named chief fashion officer at the company, will continue to additionally serve as chief executive of Browns. Farfetch has also said that Chief Marketing Officer John Veichmanis will be stepping down after almost four years at the company.
Esquire's site director promoted to editor-in-chief. Michael Sebastian has been appointed to succeed Jay Fielden, who stepped down as editor-in-chief of Esquire in May 2019, with immediate effect. Sebastian, who was previously digital director of Esquire, will continue to oversee the publication's digital properties. Hearst has also promoted Esquire Fashion Director Nick Sullivan to the newly created role of creative director of the magazine.
MEDIA AND TECHNOLOGY
Alibaba files for a Hong Kong mega-listing. The Chinese e-commerce giant has filed confidentially for a Hong Kong listing, moving closer to what is potentially the city's biggest share sale since 2010. Alibaba filed a stock listing application with the exchange this week without the need for financial disclosures. It is said to have picked China International Capital Corp and Credit Suisse Group AG as lead banks. The offering from China's largest company could raise as much as $20 billion, though Alibaba hasn't finalised its fundraising target.
Hodinkee announces partnership with Hearst Fujingaho to launch Hodinkee.jp. Hodinkee has made its first foray outside of the United States with the launch of a Japanese language edition launched in partnership with Hearst Fujingaho, the Japanese subsidiary of global publisher Hearst. Hodinkee.jp will combine translations of content produced by Hodinkee in the US along with unique content specific to the Japanese market. Unlike the US site, which sells 10 watch brands online, the Japanese version will not have an e-commerce component.
Goodwill, the original thrift store, goes digital. The nonprofit, one of the stalwarts of the secondhand shopping economy, wants a bigger piece of the digital resale market. Goodwill has teamed up with OfferUp, an American mobile marketplace for buyers and sellers, to list its high-value merchandise on the platform in the hopes that Goodwill can nab some online sales that are helping fuel the $24 billion resale industry.
BoF Professional is your competitive advantage in a fast-changing fashion industry. Missed some BoF Professional exclusive features? Click here to browse the archive.


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Despite prior FSMA warnings (see Dechert OnPoint, July 2018), cryptocurrency fraud continues to trap more victims in Belgium. On 26 October 2018, the FSMA published a new warning against these forms of fraud and updated the list of fraudulent cryptocurrency trading platforms (21 new suspicious sites have been added, the list now totaling 99 websites).
The FSMA’s warning describes how these types of fraud get started and what the fraudsters offer to the investors. It also provides some guidelines on how to determine if an offer constitutes fraud, gives a few recommendations and strongly advises victims of this type of fraud to file a complaint.
Read: The FSMA’s warning


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With all the love New York City has for anything Southern-fried these days, you’ll surely want to give it up for the victims of the onslaught of deadly tornadoes that hit the Southern United States in mid-April.
Seersucker in Carroll Gardens is offering the opportunity to do just that at a fundraiser being held tonight benefiting the American Red Cross. And just in time, too: The deadline for those affected to apply for food benefits is closing in. Twenty percent of all food purchases during Eat Fried Chicken, Do Good, which kicks off at 6 tonight, will be donated. It’ll never feel so good to eat deep-fried bird.


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The water is still toxic for many residents of Flint, MI yet one automotive supply company has plans to turn the crisis into an opportunity.
An auto parts supplier today announced plans to relocate a facility from China to Flint, MI in part to turn discarded water bottles into plastic auto parts. The company plans on investing $9.68 million into the venture, which includes hiring 380 individuals and occupying a vacant 134,000 square foot complex on the city’s north side.
To make this possible the Michigan Strategic Fund board approved a $5.7 million “performance-based” loan that can be converted to a grant if C3 Venture Flint LLC achieves its stated goal of creating 380 jobs.meets the 380 new jobs milestone.
As part of the water crisis, Flint, MI, residents have been forced to turn to bottle water for use in cooking, cleaning and bathing. With that, comes a lot of discarded plastic bottles.
“We’re actually going to recycle Flint’s water bottles, which are accumulating at a mammoth rate right now, into different car parts,” said Bob Waun, CEO with C3 Ventures.
C3 Venture Flint LLC is a sister company to CT Automotive, an auto parts supplier with facilities around the world. The Detroit News is reporting that the company had a customer that wanted to manufacture parts in the United States, per the Michigan Economic Development Corp. Sites in Indiana and California were also considered, The Detroit News states.


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Port Authority: $10 WTC name rights sale shameful - Crain's New York Business
Thursday, September 19, 2013
Port Authority: $10 WTC name rights sale shamefulCrain's New York BusinessPort Authority: $10 WTC name rights sale shameful. Officials remain unclear about who at the Port Authority of New York and New Jersey signed off on a decades-old deal to sell a nonprofit rights to use the World Trade Center name to a nonprofit.and more »
This post is a mere snippet of world-wide industry news, sponsored by:
BizLocal is a web-property of Inspetta LLC, providing innovative web, software and marketing services to business. Call 800-785-2925 for more information.


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Indianapolis, In. - The top consumer advocate In IN says up to 3.8 million Hoosiers had personal information compromised In the Equifax data breach. The upshot is hackers now have the most important pieces of identification for almost half the country.
A freeze on an individual's credit files ensures that identity thieves will not be able to use that person's personal information to obtain loans or lines of credit.
Now Equifax, the giant credit reporting agency, has made itself the poster child for how not to deal with customer security.
Members of the U.S. Senate Finance Committee yesterday sent a letter to Equifax chairman and CEO Richard F. "Rick" Smith asking for a detailed timeline of the breach and more information about what the company is doing to "identify and limit potential consumer harm".
Company executives are also under scrutiny, after it was found that three Equifax executives sold shares worth a combined $1.8 million just a few days after the company discovered the breach, according to documents filed with securities regulators.
A freeze takes your credit report out of circulation.
The proposed class action includes all residents of Canada whose information was stored on Equifax databases and was accessed without authorization between May 1, 2017 and August 1, 2017. Names, addresses, birth dates, Social Security numbers, driver's license numbers and other information are held by Equifax. It has also pushed to repeal a federal regulation upholding consumers' rights to sue. Equifax is offering victims a year of its identity-monitoring service, but thieves could just sit on the information for 12 months and then start exploiting the data.
At that point you'll receive a message telling you whether you've been impacted by the hack. The public backlash prompted Equifax to back off that brazen demand, but what happens after the year is up?
In other words, the vast majority of adults in America. Scammers who get ahold of the data could use it at any time - and with 143 million to choose from, they may be patient. Equifax should be required to provide the credit monitoring service in perpetuity.
The BBB says even before this breach more than 6 billion records have been stolen this year.
The problem is not going away. That means it and its competitors, TransUnion and Experian, are a detailed storehouse of some of the most personal and sensitive information of Americans' financial lives.
Equifax has proven it can not protect individuals' key personal and financial information. The company has since dropped its credit-freeze fees and requirement for binding arbitration in consumer disputes. Reports that data obtained by hackers may be used to impact voting systems further underscores the need for tighter regulation and better security across the board.
Some lawyers have already announced suits that they hope will be class-action cases. State investigators in several states have also launched a probe.
Consumers can complete an Equifax security freeze here or access the state website to place a "freeze" on credit here.