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Governor Andrew M. announced manufacturer brand efforts that are new stop the processing of unlawful pay day loan through debit card transactions and support protect ny consumers. MasterCard and Visa have actually agreed in talks utilising the Department of Financial Services (DFS) in order to simply you ought see the site to just take an actions that are few just help stop this task this is certainly illegal their debit card businesses. A consistent, significant DFS research has uncovered that as regulatory force mounts on online payday lenders punishment using this Automated Clearing House (ACH) bank re re payments system some banking institutions are rather making usage of debit card transactions as a conclusion run around that system to illegally subtract funds from brand name name} name} name name} brand brand brand name New Yorkers bank papers.
With todays action, DFS has delivered end and desist letters to 55 online loan that is payday.
Benjamin M. Lawsky, Superintendent of Financial Services, also today sent letters that are cease-and-desist 20 extra companies that DFS ongoing investigation has thought as illegally marketing, making, or collecting on payday improvements to ny consumers 12 of which be seemingly using this debit card strategy this really is certainly brand name} brand name name} brand name completely new. Formerly, in August 2013, DFS delivered letters which can be cease-and-desist 35 online lenders that are payday unlawful loans to New Yorkers the majority of the might have stopped lending in nyc after those letters.
My management will likely work tirelessly to hold one action into the front side of online payday lenders that youвЂ™ll like to evade state legislation and trap clients in an interval that is vicious of obligation, stated Governor.
By using the solutions of us to root right directly right down this unlawful conduct, Visa and MasterCard have actually stepped as much as the meal and shown just just how personal businesses can work alongside municipality to shield prone New Yorkers. This collaboration, alongside the latest stop and desist letters through the Department of Financial solutions, should provide to position all unsecured guarantor loan providers on recognize that unlawful task wonРІР‚в„ўt be tolerated in the State of unique York.
Visa and MasterCard reacted swiftly one time we contacted them about that problem and possess set an example that is great with regards to their whole industry.
Superintendent Lawsky reported: Whenever unsecured guarantor loan providers choose to choose to opt to take to new schemes to flout our appropriate guidelines and exploit ny clients, we shall simply just take strong action to have them right straight right straight right down throughout the pass.
Chris McWilton, president, North American Markets, MasterCard, reported: Prepaid cards are actually a tool that is financial assists customers maximize advantages like direct deposit, internet shopping and bill re payment. Using their state to control the payday capital problem is just a real method that is good are able to assist New Yorkers prevent them of predatory financing practices.
During its significantly more than year-long research, DFS has had a number of actions to greatly help limit utilization of the ACH bank this is certainly community that is electronic online payday lenders whoвЂ™ll be illegally deducting funds from New Yorkers reports. Nevertheless, DFS recently identified a trend this might be brand that is definitely brand name name} new some online payday lenders in processing payments from loan borrowers. These banking institutions have actually actually started borrowers that are notifying their the internet sites theyвЂ™re any further utilizing the ACH system to process re re payments, and they’re now borrowers which can be requiring generate debit card information this means finance institutions can immediately subtract loan re re re re repayments from borrowers papers.


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By Nicolletta De Gennaro
A distaste for the wasteful fast fashion industry has been the driving force behind a Perth university students new online fashion label.
20 year-old Aimee Kilpa is the creator behind the Mafia Collection.
Her passion for human rights, the environment and fashion drove her to create a label that embodied her own values by making eco-friendly, ethical and high quality garments.
“My issue with the fast fashion industry is the low wages of international workers in sweatshops, slaving away on pieces that are eventually wasted after a few wears, as well as the impact this wastage has on the environment,” she said.
In Australia, 85% of textiles are sent to landfill. And because they commonly use synthetic fibres, that are derived from petroleum, it makes it almost impossible for these clothing items to breakdown.
Kilpa believes that fashion is a globalised industry that has had an astronomical impact on both the environment and sweatshop workers worldwide. Because of this she wants to change the way women view fashion and wants her products to show the power of reusability and recycling.
Oxfam is a global confederation that focuses on tackling poverty. Oxfam’s recent campaign What She Makes is aimed at tackling the poverty faced by women who work in the fashion industry.
Fremantle Oxfam store manager Cornelia Schmidt, believes it’s important to empower women worldwide and stand together against the popular fashion companies that pay their workers as little as 39 cents an hour in countries like Bangladesh.
“Our goal is to both support and empower women to lift out of poverty, while getting larger companies to pledge to work towards offering liveable wages for these women,” she said.
This inspired Kilpa to create her fashion pieces from home, sourcing quality, ethical and eco-friendly fabrics from around the world.
All of her items are designed so that consumers can wear each item two or three different ways, embodying her beliefs that less is more and reducing the need for consumers to constantly buy new items in order to not “outfit repeat”.
“The Mafia Collection is just a small step to less wastage and more appreciation for design structure,” she said.
Kilpa’s love for fashion and the intricacies of design are something she wishes to share with young women around the world. She wants to prove to them that quality, fair-trade, eco-friendly products can be just as fashionable as products within today’s high-fashion market.

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Capri faltered in 2022. The American luxury fashion conglomerate has closed the year (ending April 1) with a 0.6% decrease in turnover and 24.8% decrease in 2021 turnover.
Specific, The US company kicks off 2022 with sales of $5,619 million5,654 million as compared to what the company recorded in 2021. The group’s results have been slightly above forecasts, reaching turnover of $5,560 million after downgrading its forecasts for the first nine months ended.
The company has informed about this This exercise has one week less than the previous oneBy 52, that’s a difference of $70 million. has been positioned to the advantage of the company $679 million, compared to the $903 million that the company received at the end of 2021.
Capri has reduced its profit to $679 million compared to $903 million in the previous year
by brands, the luxury fashion group has registered a More growth at Versace firm, consolidating it as the group’s biggest brand by turnover, In particular, the company has increased the turnover of the brand by 13.8% to $ 1,106 million. Jimmy Choo was the second fastest growing brand during this period up to $633 million,
Michael Kors, for its part, has been the one that has registered the lowest increase with an increase of 2%.But it has established itself as the second most important firm for the group with a turnover of $3,880 million.
The group continues to register most of its sales in its home market, the United States, where it records the highest turnover of all brands except the company Jimmy Choo, which has a greater presence in Europe, Africa and the Middle East, All brands have increased their business in Asia after the pandemic restrictions were lifted.
By 2023, Capri plans to grow its turnover in the single-digit range and reach a turnover of $5.7 billion, the same forecast this year, In the first quarter of the current year alone, the US group is expected to reach a turnover of $1,200 million.


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Karl Lagerfeld has never been one to shy away from speaking his mind. The designer has made headlines in the past for saying that tracksuits are "a sign of defeat," suggesting that Kim Kardashian's harrowing robbery was her fault, and for repeatedly making disparaging comments about plus-sized people.
Lagerfeld's latest interview with French magazine Numéro is no different. The designer shared his thoughts on Virgil Abloh, Jacquemus, Jonathan Anderson, the #MeToo movement, and whether designers today are overworked. In true Kaiser fashion, he doesn't hold anything back.
Browse the most inflammatory quotes from the interview below. Then, head over to Numéro and read the full piece, translated from French.
On fashion's buzziest names
Lagerfeld was asked which designer — from a choice of Virgil Abloh, Jacquemus, and Jonathan Anderson — he would prefer to be stranded on a desert island with. His response? “I’d kill myself first.”
On the #MeToo movement
"I’m fed up with it," Lagerfeld revealed. "What shocks me most in all of this are the starlets who have taken 20 years to remember what happened. Not to mention the fact there are no prosecution witnesses."
The designer also said the movement wouldn't change the way he approaches his work. Speaking about the former creative director at Interview magazine, Karl Templar, who was accused by multiple models of sexual misconduct, Lagerfeld stated: "I don’t believe a single word of it."
"A girl complained he tried to pull her pants down and he is instantly excommunicated from a profession that up until then had venerated him. It's unbelievable," he said. "If you don’t want your pants pulled about, don’t become a model! Join a nunnery, there’ll always be a place for you in the convent. They’re recruiting even!"
On overworked designers
Lagerfeld, who at 84 is still designing for Chanel, Fendi and his namesake label, doesn't agree with the common concern that designers are stretched too thin.
"Personally, I’ve never complained. And that is exactly why all the other designers hate me," he said. "They are only interested in their damn “inspirations”, they can spend an hour deciding where a button should go, or choosing sketches done by their assistants, which riles me to distraction. I am a machine."
"Men’s fashion does little for me," Lagerfeld told the interviewer. "I buy it of course, and I’m delighted that Hedi [Slimane] is going to Céline but drawing a men’s collection and having to put up with all those stupid models, no thanks."
What do you think of Lagerfeld's interview? Let us know in comments below.
In other style news, summer shirts are a must-have this season and here’s our favorites to Buy RN.


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Will it’s a bust?
Pedestrians stroll previous the Tesla Motors official licensed automobile vendor retailer in Hong Kong.
Sopa Photos | Lightrocket | Getty Photos
Is the primary electric-vehicle recession right here, or coming quickly?
As electric-car shares plummeted in late 2022, the rout evoked comparisons to the dot-com inventory bust twenty years in the past. Just like the web trade then, the EV trade boasts firms, notably Tesla, that seem like long-term winners, however it is usually made up of younger firms that won’t have the money to experience out a downturn, in addition to in-between gamers like Lucid Group, Fisker and Rivian Automotive, which have carried out their greatest to arrange, and whose destiny might rely on how unhealthy issues get.
With the financial system at an inflection level between receding inflation fears and broad expectation of a recession starting in 2023, the market would not know what to make of strikes like Tesla’s large worth cuts, first in China after which on Jan. 13, within the U.S. and Europe. Analysts like Guggenheim Securities’ Ronald Jesikow mentioned it might push Tesla’s revenue margins 25% decrease than Wall Avenue consensus and drain income from all of Tesla’s opponents. However optimists like Wedbush analyst Dan Ives assume it is the proper, aggressive transfer to jumpstart the EV transition amid macro uncertainty.
“Many dot-coms didn’t make it,” Ives mentioned. “There’s no stress test for a severe recession for an industry that’s in its infancy.”
What occurs subsequent — whether or not battered EV shares rebound, whether or not younger firms that want extra funding will be capable of get it, and whether or not the sector turns into the roles engine Washington was relying on when it handed the Inflation Discount Act final summer season, laden with tax credit for EVs — depends upon the financial system first, and the markets second.
The “first EV recession” theme comes with a giant if – that there’s a recession within the first place, both right here or in China, the place Tesla gross sales dropped 44 p.c in December from November ranges as the federal government there continued struggling to comprise Covid-19.
Within the U.S., most economists and CEOs assume a recession is probably going this yr, although the market beneficial properties of the final week might mirror the beginnings of a change within the investor outlook, with extra believing within the “soft landing” narrative for the financial system. One holdout, Moody’s Analytics chief economist Mark Zandi, forecasts a months-long “slowcession” the place progress would not fairly flip damaging. Both situation would seemingly harm automobile gross sales basically, which had been the worst in a decade within the U.S. final yr, however the place some auto executives are actually barely extra assured a few rebound, although the EV outlook among the many automakers has turn into extra cautious within the short-term. However both situation could also be too pessimistic if the financial system responds positively to now-slowing inflation.
The outlook from China, residence to greater than half of the world’s EV gross sales, in response to Clear Technica, is no less than as murky. Manufacturing moved into negative-growth territory late within the yr and housing costs are falling, however the Worldwide Financial Fund says China will keep away from a recession and develop its financial system by 3.8% this yr. That will be half of 2021’s clip and barely under China’s tempo final summer season, when the nation started to deal with new Covid-related shutdowns. China is now pushing to reopen its financial system amid the pandemic.
Tesla’s 2023 world is like Amazon and eBay’s 2000
A recession, if it occurs, would not essentially imply EV gross sales will fall. Most fashions noticed large gross sales beneficial properties final yr in each the U.S. and Asia. It is extra a query of whether or not EV firms will develop quick sufficient to maintain including jobs, and for firms past Tesla to show worthwhile when buyers anticipate them to — or earlier than they run out of money they raised to fund startup losses.
That units up a dynamic lots just like the one which confronted dot-com firms like Amazon and eBay as 2000 blended into 2001: An internet-stock selloff was well-underway then, simply as EV firms like Tesla, Fisker and Lucid fell sharply final yr — 65 p.c for Tesla, 54 p.c for Fisker and 82 p.c for Lucid. Then as now, weaker gamers like immediately’s EV makers Lordstown Motors, Faraday Future and Canoo had been scrambling to keep away from working out of money as an financial slowdown loomed, both by reducing prices or elevating extra money from buyers.
“We look at a combination of balance sheet stability and ability to raise more capital,” mentioned Greg Bissuk, CEO of AXS Investments in New York, which runs an exchange-traded fund that makes use of swaps to ship the other of Tesla’s every day return — in essence, normally a near-term guess that the shares will drop. “We think it will be rocky,” he mentioned, particularly referring to the middle-tier EV makers.
However on the similar time, income at dot-com firms saved rising quick, and the companies that had been destined to outlive started to show worthwhile between 2001 and 2003. At this time, EV gross sales in China are rising, whilst Covid continues to hamper its financial system, and EVs posted a 52% gross sales acquire within the U.S. At year-end, EVs had 6% of the U.S. light-vehicle market, in comparison with 1 p.c of U.S. retail gross sales being on-line in late 2000.
Slower progress is not no progress
For EV makers, the seemingly influence of a recession is slower progress, however not the damaging progress the general financial system experiences in a downturn, as new know-how retains gaining market share.
The very best-positioned EV maker continues to be Tesla, mentioned CFRA Analysis analyst Garrett Nelson. With the corporate nonetheless anticipated to have generated about $4 billion in late-2022 money circulation when it reviews fourth-quarter earnings Jan. 25, and having had about $21 billion on the finish of the third quarter, it is not at risk of a money burn, Ives mentioned.
“We think the stock rebounds quickly this year,” Nelson mentioned, calling Tesla his prime decide amongst all auto makers, and noting that CFRA economists do not anticipate a recession. It trades at 24 instances this yr’s revenue estimates, which in flip solely name for 25% revenue progress, numbers which might be modest for a progress firm with room to maintain increasing quick.
After the worth lower, Nelson mentioned the corporate will see narrower revenue margin however will promote extra automobiles.
“It should widen the company’s competitive advantage and make many more Tesla vehicles eligible for the $7,500 federal EV tax credit,” Nelson mentioned.
The just-enacted worth lower pulled the most-popular Mannequin Y automobiles beneath the worth most for tax-credit eligibility within the 2022 Inflation Discount Act.
Tesla has its personal points, with gross sales progress having slowed late within the yr. Fourth-quarter models had been up 32%, down sharply from earlier within the yr, lacking Wall Avenue estimates for a second straight quarter. CEO Elon Musk’s antics as the brand new lead proprietor of Twitter increase considerations about how intently Musk is watching the shop, and the way rapidly he might reply if Tesla’s decline accelerates, Ives mentioned.
“The biggest [issue] is Twitter,” Nelson mentioned.
On the plus facet, this yr’s earnings estimates assume no contribution from the Cybertruck, which Tesla is once more promising to launch late this yr, after being delayed since 2021. And Goldman Sachs analyst Mark Delaney wrote Jan. 2 that automobile deliveries ought to reaccelerate by midyear, helped by decrease value buildings at Tesla’s newer factories and a pickup in Chinese language gross sales.
“Now is a time for leadership from Musk to lead Tesla through this period of softer demand in a darker macro, and not the time to be hands off, which is the perception of the Street,” Ives mentioned. “This is a fork-in-the-road year for Tesla, where it will either lay the groundwork for its next chapter of growth or continue its slide.”
Money burn and the remainder of the EV market
Within the center, Lucid, Rivian and Fisker make up a variety of higher-risk prospects that will properly prove fantastic ultimately. However Tesla’s worth reducing might trigger them issues: Fisker’s inventory dropped virtually 10% on its rival’s announcement, since Tesla’s transfer places the Mannequin Y’s worth nearer to that of the Fisker Ocean, whose center tier is round $50,000.
Of the three, Rivian has probably the most money available, with short-term investments at $13.3 billion as of the top of the third quarter. Fisker had $829 million, and Lucid had $3.85 billion.
Every firm continues to be burning money, posing the query of whether or not they have sufficient to outlive a downturn. Fisker misplaced about $480 million in money circulation within the 12 months ending in September, and invested one other $220 million, which means its money would final between one and two years if its losses and funding did not sluggish.
“Our commitment to a lean business model has given us a solid balance sheet, which we have supported with disciplined management of our cash,” CEO Henrik Fisker mentioned in a press release to CNBC. “We are in good shape to manage future economic challenges and to act on opportunities.”
Lucid spent over $2 billion within the first 9 months of 2022 on working money circulation losses and capital funding, and says its money will cowl its plans “at least into the fourth quarter of 2023,” in response to its third-quarter earnings name. Lucid’s current manufacturing and supply numbers did beat expectations, albeit expectations that had already been lowered.
Rivian’s stockpile is greater than two years’ value of current cash-flow losses and funding.
All three firms, which declined or did not reply to on-the-record interview requests, may lengthen their money runway by elevating extra capital and, certainly, no less than two of them have already begun to take action. Lucid raised one other $1.515 billion in December, largely from Saudi Arabia’s Public Funding Fund, whereas Fisker has filed to lift $2 billion from an ongoing shelf registration on the Securities and Alternate Fee and has up to now raised $116 million.
All three must also give monetary steering for 2023 throughout earnings season, together with updates on their capital spending, and on whether or not cash-flow losses will slim as they start to ship extra automobiles.
Fisker started transport its preliminary mannequin, the Fisker Ocean, solely in mid-November, and plans to ship a less-expensive SUV referred to as the Fisker PEAR subsequent yr. Rivian, hampered by components shortages resulting from Covid-driven provide chain points, missed its 2022 manufacturing goal of 25,000 automobiles by lower than 700. It hasn’t but mentioned what number of automobiles it should ship this yr. Rivian additionally paused a partnership with Mercedes in November, ending for now a plan to co-develop industrial automobiles. Rivian mentioned it could focus on its shopper enterprise and different industrial ventures, primarily a deal to promote supply vans to Amazon, that supply higher risk-adjusted returns. That transfer will assist keep away from stress on the startup’s capital base.
Enterprise plans for the longer term, little present enterprise
Decrease on the meals chain are firms like Faraday Future Clever Electrical, Canoo and Lordstown Motors, which went public by way of mergers with Particular Objective Acquisition Firms, or SPACs, and have misplaced most of their fairness worth since.
Lordstown in November introduced a recent funding by Foxconn, the contract producer that can personal 19.9% of Lordstown after the deal, together with most well-liked inventory, to assist scale up manufacturing of its preliminary pickup truck and bolster the $204 million in money on its stability sheet. Foxconn has agreed to make Fisker automobiles in Lordstown’s Ohio manufacturing unit, which Foxconn purchased in Might, for launch in 2024. It issued a going-concern warning in 2021, earlier than elevating cash from Foxconn.
“The new capital from Foxconn doesn’t change our focus” on value containment, Lordstown CFO Adam Kroll mentioned, arguing that the Foxconn deal will slash Lordstown’s capital wants. “We continue to execute a playbook of prudence and discipline.”
Companies like Faraday, Canoo and Lordstown that need to raise more capital could find the path blocked by a more-skeptical capital market than the one that financed them during the special-purpose acquisition company boom, CFRA’s Nelson said. Weaker players include Electro Mechanica, which has proposed a solo EV but hasn’t shipped it in scale yet, British commercial-vehicle maker Arrival, and Green Power Motor, a Canadian electric bus maker, he said. He even includes Fisker, Lucid and Rivian among those at risk from tighter markets.
“That they had a marketing strategy however no enterprise, and so they bought absurd quantities of capital,” Nelson said. “In our opinion, you may see many extra bankruptcies, however the market will return to stability. However it’s arduous to think about we have seen the underside.”
But Nelson does believe the electric car boom is for real — indeed, he says Tesla is the year’s best bet in the overall auto industry. A note of skepticism: After the dot-com boom and bust, Amazon.com began rising off its lows in 2002, rising tenfold by 2008, but didn’t leave its 1999 highs behind for good until 2010. EBay recovered faster but couldn’t sustain its momentum.
Ives said the Inflation Reduction Act, which offers tax credits of $7,500 for electric cars costing less than $55,000 and SUVs or pickups selling for $80,000 or less, may throw the industry a lifeline as companies arrange to do enough domestic manufacturing to qualify all of their vehicles. Arrival, citing IRA credits of up to $40,000 for buyers of commercial vehicles, said in November that it is refocusing its London-based company on the U.S. market.
“The stress in 2023 is much less about EVs than the general macro surroundings,” Ives said. “The IRA is just not a small level.”
That’s not lost even on Bassuk, who emphasizes that his fund is about helping exploit short-term weakness in the market’s view of EVs. Long-term, he says, EVs are coming, recession or not.
“These with the capital to get by 2023, we might guess the farm on,” he said.
CNBC is now accepting nominations for the 2023 Disruptor 50 list – our 11th annual look at the most innovative venture-backed companies. Learn extra about eligibility and the way to submit an utility by Friday, Feb. 17.


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Foursquare’s transition from one app to two completely different services is a slow one. Like a child getting used to a cold pool one foot at a time, Foursquare is gradually rolling out each new app.
On Wednesday, the company unveiled a new logo and a new design for its flagship Foursquare app, revealing what it will look like once the check-in is ripped out and placed in Swarm, the location-based social app the company released in May. The new app isn’t live yet—it will be available in the next few weeks.
The new Foursquare will take on Yelp, but will be more than just a directory of businesses. The company will use your check-in data and location history to provide you with suggestions it thinks you will enjoy. And searching on Foursquare will display different results for different people.
“Once you teach Foursquare a couple of things about you—adding tastes, following experts, even walking around for a few days, the app will be 100% yours,” the company said in a blog post.
Starting Thursday, all your Foursquare check-ins, photos and friends will be moved to Swarm.
All images courtesy of Foursquare


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Home > News > Regional
Tuesday January 14, 2014 MYT 9:35:00 PM
Tuesday January 14, 2014 MYT 9:43:18 PM
An Indonesian villager looks at Sinabung volcano as it spews hot ash in Karo on Jan 14, 2014. - AFP
KARO (Indonesia): Indonesia's Mount Sinabung erupted more than 30 times Tuesday spewing lava and ash clouds over a wide area, officials said, with more than 26,000 people now forced to flee their homes.
Sinabung, which lies in the northwest of Indonesia's Sumatra island, sent hot rocks and ash 5km (3.1 miles) into in the air, spreading hot clouds over a 4.5km radius, the Center for Volcanology and Geological Hazard Mitigation told AFP.
Enormous clouds rose from the mountain, as thick layers of grey ash blanketed plantations and nearby houses.
With the volcano erupting regularly, many of those who have left their homes since Sinabung started erupting in September have fallen ill, a local government official said.
"Some refugees are sick, coughing mainly, and they are also in need of clean water," said Robert Peranginangin, a spokesman for Karo district.
Volcanoes are a regular threat for many living in Indonesia near their fertile slopes.
Mount Sinabung is one of 129 active volcanoes in Indonesia that straddle major tectonic fault lines, known as the Pacific Ring of Fire.
It had been quiet for around 400 years until it rumbled back to life in 2010, and again in September last year.
In August 2013, five people were killed and hundreds evacuated when a volcano on a small island in East Nusa Tenggara province erupted.
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Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)


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Other available languages: none
Brussels, 15 April 2014
The right to a basic bank account for all European citizens: Commission welcomes European Parliament adoption
The European Parliament has today adopted in plenary session the Directive on the transparency and comparability of payment account fees, payment account switching and access to a basic payment account.
The Directive is a major step towards a real single market for retail financial services bringing numerous benefits to EU citizens. By providing for a right to a basic payment account irrespective of a citizen's place of residence or financial situation, the obstacles faced by many in accessing basic banking services across borders are removed. The Directive also substantially improves the transparency of bank account fees and makes it easier to switch a bank account from one bank to another.
Commissioner for Internal Market and Services Michel Barnier said: “With this vote, we are making a real difference to the lives of millions of EU citizens by giving them access to a basic bank account so they can easily receive a salary or pay their electricity bill for example. This new right is essential to allow all citizens to participate fully in the economic and social life of a modern society. Consumers will also find it easier to compare fees and change bank accounts. I would like to pay tribute to the rapporteur, Jürgen Klute, and the shadow rapporteurs, for their commitment to this important file. I am sure the Council will formally adopt the legislation in the coming weeks.”
Commissioner for Consumer Policy Neven Mimica said: "I am very satisfied with today's vote in the plenary session of the European Parliament. Greater transparency in the area of payment accounts, particularly relating to fees charged, will make all our lives simpler. It will help us compare offers to find the best deal. At times such as these it is important that every euro we spend is well spent. The Payment Account Directive will help achieve this and bring real benefits to peoples’ daily lives."
Key elements of the agreement
The Directive tackles three principal areas:
Bank accounts are essential for participating fully in the economic and social life of a modern society, since the use of cash is rapidly decreasing. They have become an indispensable part of our everyday life, allowing us to make and receive payments, shop online, and pay utility bills (telephone, gas, electricity). However, according to reliable studies, around 58 million EU consumers over the age of 15 still do not have a payment account.
Furthermore, research showed that consumers found it difficult to compare offers and prices for payment accounts from different payment service providers. Even when comparison is possible, the process for switching from their existing payment account to a different one is complex and unreliable. Moreover, there are situations where EU consumers are still unable to open a payment account in a Member State where they are not resident or if they do not have sufficient financial resources.
In order to address these issues, on 8 May 2013, the European Commission adopted the proposal for a Directive on the transparency and comparability of payment account fees, payment account switching and access to a basic payment account (IP/13/415).
See also MEMO/14/300.


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A survey by YouGov in February found that 96% of big businesses want to stay in the EU. The majority of large retailers [who voted to] remain in Europe fear the unknown, not only do they know the current system well, but they fear problems likely to be caused by Brexit.
Those […who voted to…] leave the EU argue that quitting will enable Britain to continue trading with the EU, save on the £billions that are handed over to the EU Commission and avoid new EU regulations that affect business and consumers. They believe this will allow British companies to develop new markets in other parts of the world.
On the other hand, those […who voted to stay in the…] EU, see Brexit resulting in major disruption to trade, a collapse of the sterling and years of negotiating before British firms can sells goods on the same terms. Unions fear that without the EU, employee rights could also be discarded. By leaving, Britain will have to reach agreements with the EU, and as a country that no longer has much experience negotiating trade agreements on their own, the Foreign Office will be stretched.
An economic crisis as the result of leaving could also affect consumers, with a drop in trade and mass unemployment, but those who voted Leave state that this loss will only be temporary, and soon Britain will establish its own stronger growth pattern.
What’s your thoughts?


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|A CYNOPSIS MESSAGE FROM FACEBOOK
18-34 year olds are on Facebook Watch.
140 M people around the world come to Watch every day for at least one minute.
And of those people who visit daily, they spend an average of 26 min in Watch.
Reserve top-tier videos across Facebook and Facebook Watch for help reaching audiences you can’t always find with tv. All placement is brand safe and bought upfront with reliable delivery.
Source: Facebook data, Aug 2018, June 2019
|Centro introduced Email and SMS steps within Slack’s Workflow Builder, allowing salespeople to create automated customer emails within Slack. The emails can be placed in a series so no customer email is lost, and if there is no customer response, predetermined reminders will be sent out.
Attribution specialist AppsFlyer has added linking tool OneLink to Salesforce AppExchange. OneLink generates a link that takes customers to a mobile app or app store; brands can track the journey post-email, allowing companies to “not only create enhanced user experiences but better track the effectiveness of campaigns,” said Elad Mashiach, Chief Partnerships Officer for AppsFlyer.
IBM has added three new products to add to its suite of AI solutions for brand and publishers. The new capabilities are privacy-forward and designed to allow brands to reach consumers while considering user privacy. “While the advertising industry strives to re-emerge strong from the global economic and societal issues we faced this year, it’s also deep in the throes of a major transformation with changes to mobile identity, certain elimination of third-party cookies, compliance and regulatory shifts and increased demand for trust and transparency,” said Bob Lord, SVP, Cognitive Applications and Blockchain, IBM. “We believe AI will be the ‘backbone’ of the new era as the industry prepares for the next generation of advertising.” The planned AI-enabled capabilities include:
* Extensions for IBM Watson Advertising Accelerator: Enhanced video and OTT capabilities available in the coming months that are expected to leverage Watson Machine Learning, to help enable marketers to pivot video advertising creative based on individual user reaction.
* IBM Watson Advertising Attribution: Beta Solution available in the coming months that leverages Watson Machine Learning, which allows marketers to accurately quantify the efficacy of their advertising spend while understanding intent and performance drivers.
* IBM Watson Advertising Predictive Audiences: Solution leverages Watson Studio, to help enable marketers to progress beyond ‘look-alike’ to ‘do-alike’ segments in a privacy-forward format to reach consumers that exhibit similar behaviors.
Why has Twitter become such a significant hub for parents? Twitter offered some new stats about its community of moms during a panel at Advertising Week. Insights on that community include:
· 50% of the moms are on Twitter daily
· 78% of Twitter moms feel their voice as a mom will be heard on Twitter
· 78% of Twitter moms report using the platform as a vital source of news
· Moms on Twitter are receptive to brands – 64% of US moms follow brands
· Moms are in a discovery mindset on Twitter – 83% of moms often look for further product information after seeing an ad on Twitter
Apple TV+ is joining anti-piracy coalition the Alliance for Creativity and Entertainment, launched in 2017 with Netflix and Amazon as founding members. Apple TV+ will join the ACE governing board, which includes Amazon, Disney, NBCUniversal, Netflix, Paramount, Sony Pictures, Warner Bros., in addition to Apple.
Video software provider Synamedia announced it has joined the global non-profit organization LOT Network, as a protective measure against patent trolls. “To retain our competitive advantage, we need to be able to protect our ability to innovate and our patents,” said Ismat Levin, SVP and General Counsel, Synamedia. “We recently launched a new intelligence-first security model laser-focused on eradicating streaming pirates’ businesses and protecting legitimate providers’ revenues. This will help to ensure that we continue to protect approximately $70 billion in operator revenues every year. By joining LOT Network, we have an additional layer of protection against the potential threats of costly patent troll litigation.”
Uberall, provider of “Near Me” Brand Experience marketing solutions, announced a partnership with Nextdoor, the neighborhood app for trusted connections, to boost local business visibility and engagement with consumers. “The growth of ‘Near Me’ online searches is a development that companies need to take into account when interacting with their local consumers,” said Florian Hübner, CEO and founder of Uberall. “The partnership between Uberall and Nextdoor will enable many companies to get closer to their local customers by providing them with accurate and up-to-date information in their search for products and services nearby.”
New data shows video is trending to dominate the fitness business. A report from Apptopia and Penthera analyzed 2020 fitness mobile app downloads and surveyed consumers. Key insights include:
· Among the top 10 workout apps, those with video were installed 65% more, recorded 38.5% more daily active users, and generated 15% more revenue than fitness apps without video.
· The popularity of apps has been increased by COVID-19, but they won’t wane post-pandemic. 94.7% of respondents said they will continue to use Health & Fitness apps, even after returning to a normal routine.
OpenDrive, the provider of network-attached-storage solutions, announced availability of Atlas 2.1, the next version of its software platform and file system that powers all OpenDrives storage solutions. Atlas 2.1 enables a scale-out storage architecture to accelerate performance, power, and flexibility of OpenDrives’ storage lineup, including the recently released Ultra Hardware series enabling customers to overcome constraints within key functional areas, such as scalability, operational management, performance analytics, and service availability.
Blend Media announced the launch of Blend Market, a marketplace dedicated to connecting clients with creators and solution-providers with relevant skills across the Augmented Reality, Virtual Reality, 3D and Mixed Reality spectrum. The platform’s mission: make immersive content, creators and solutions more accessible.
MDC Partners launched PRophet, an AI-driven platform for the PR community to help predict media interest, sentiment and spread before a story is pitched. PRophet’s proprietary technology samples millions of reporters’ stories spanning thousands of print media outlets by deploying a combination of natural language processing and machine learning technologies. “PRophet uses AI to analyze past reporter behavior to actually predict future reporting potential. This has never been done before. It will revolutionize how PR professionals interact with journalists, making the interaction more efficient, and also provide them with irrefutable data to support their pitch strategy to internal stakeholders. It’s like Waze for PR people,” said Aaron Kwittken, founder and CEO.
OpenVault, a provider of industry analytics and SaaS technology solutions for broadband operators, and Power & Tel announced a new cooperation that will
enable seamless integration of OpenVault products and solutions into the Power & Tel portfolio, creating opportunities for both companies collaboratively to improve business results for customers. Through Power & Tel’s vast sales and support network in the Americas. “Broadband’s increased role in global connectivity during the pandemic has driven home how providers need to have a clear picture of when, how and by whom their networks are being used,” said Josh Barstow, Chief Revenue Officer of OpenVault. “By including Power & Tel in our sales partner ecosystem, we can help the industry harness OpenVault solutions at a time when the operational and business benefits are more important than ever.”
Animation studio ZAG has launched a new business division, ZAG Games & Interactive Experiences, to develop new gaming experiences and interactive for the properties under the ZAG Heroez label. Elinor Schops will spearhead ZAG Games & Interactive Experiences as VP.
SCTE·ISBE, the cable industry’s association training organization, is launching a new learning management system. The LMS places increased focus on content, provides better data reporting and a more user-friendly interface, and supports innovative training methods. “We have always been focused on training and certifications for the cable industry, but this new platform makes the learner experience more engaging, more impactful and more about knowledge retention,” said Robin Fenton, VP, Membership and Learning Operations, SCTE·ISBE. “With a more robust and modern LMS, we are able to push forward with new developments in our learning and development strategies.”
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Syncbak’s new OTT platform, VUit, has launched Battlegound States, a limited time channel offering 24/7 local news segments and campaign events about the presidential election from the key swing states. The new channel will help viewers track voter sentiment, campaign engagement and real-time election updates.Gray Television, an initial lead investor in VUit, will be sourcing a majority of the coverage.
AVOD Xumo, acquired by Comcast in February, reports that since January it has experienced 2.5x growth and grown its monthly active user total to more than 24 million, with total hour streamed more than doubling. CEO Petrie-Norris attributes the growth in part to the pandemic, but also new distribution partners, expanded content and a deeper integration with Comcast Cable’s Xfinity X1 and Flex.
YouTube TV is giving Google’s new Chromecast, worth $49.99, to people who subscribe to YouTube TV and pay $64.99 the first month. While YouTube is looking to lure new subscribers with the streaming device, Google has a promotion that offers a new Chromecast with six months of Netflix for $89.99.
Audible announced a first look development and production deal with Conan O’Brien’s digital media company, Team Coco, to produce scripted and unscripted episodic series, non-fiction documentaries, and other audio original projects. Already greenlit: real-life mother-daughter duo Lea Thompson and Zoey Deutch in a scripted, episodic comedy podcast titled A Total Switch Show.
Accuweather TV is now available on fuboTV. The network is in base package fubo Standard.
Data-driven affiliate management solutions company Advertise Purple announced the release of its automated affiliate program management tool, Purply. Powered by Advertise Purple’s proprietary technology and real-time, data-driven insights, the new affiliate discovery, recruitment and tracking offering is designed for small-to-medium-sized businesses and those new to affiliate marketing. “Affiliate marketing is one of the most effective performance-focused strategies an online business can engage in,” said Kyle Mitnick, President of Advertise Purple. “Dollar for dollar, affiliate marketing is the most profitable revenue channel for e-commerce companies. But the fact is that navigating the affiliate market is not easy. There are over 1.2 million affiliates active today and counting, the vast majority of which don’t drive meaningful revenue. We created Purply to enable any sized company to create and execute an effective data-driven affiliate strategy.”
Ampersand announced a limited Beta release of a new self-serve functionality of The AND Platform, its multiscreen TV planning, buying and measurement platform launched at the beginning of 2020. The AND Platform provides marketers with reach across 85 million households, 120+ cable networks and more than 60% of all U.S. addressable households, and is the first advanced buy-side TV platform to centralize campaign planning and measurement within a single interface, supporting both local and national TV investment strategies. Local TV advertisers can define their target audiences by leveraging their own first party data or choosing from thousands of audience segments built with data from third-party data providers, together with the aggregated set-top box insights at a DMA level. For national TV advertisers, The AND Platform now offers access to audience-based campaign viewership insights to identify un/underexposed audiences, and the ability to reach those audiences across the largest footprint of addressable TV inventory in the US. The Beta is expected to run through the end of 2020 with general availability expected in 1Q21.
Group Nine Media announced the launch of “G9 Direct,” a performance marketing solution for DTC and direct response-focused brand partners. G9 Direct leverages consumers’ brand affinities for the five Group Nine brands (The Dodo, NowThis, POPSUGAR, Thrillist and Seeker) and the digital media company’s first-party data, coupled with scroll-stopping social media creative from its branded content studio, Brandshop. The first DTC advertisers to work with G9 Direct are Casper, Fi and by Humankind. “G9 Direct is unique from other performance marketing agencies because we are able to tap into Group Nine’s massive audience and their deep love for our five brands — across numerous lifestyle categories,” said Group Nine’s Chief Revenue Officer, Geoff Schiller. “We are combining our rich, first-party data, huge reach and social media expertise with the advertiser’s second-party data to deliver impactful, bottom of the funnel marketing campaigns with relevant messaging that drives real results.”
Entertainment marketing strategist Lee Hunt and business development expert Lori Pate have launched CMOmarketplace, to help connect buyers and sellers of creative services. The portal offers a streamlined alternative to the traditional agency-client business development model, is accessible 24/7, and anyone can register for free. CMOmarketplace uses search capabilities that allow marketing executives at media companies, entertainment and corporate brands to learn about vetted agencies. Since soft launching over the summer, more than 100 media companies have registered for the portal, which features the work of 22 creative agencies of varying sizes and specialties.
Seeking proven on-air reporter, in possession of an already-developed contact list, including many “who’s who” leaders in Congress, and related government agencies. Min 3yrs exp with outstanding writing/production skills. Full info HERE (10/30)
COMMERCIAL, SYSTEMS INTEGRATION LEADER >>
ION MEDIA NETWORKS/NY, NY, CLEARWATER OR W PALM BEACH, FL: Resp for the assessment, design, implementation, and interconnectedness of key business applications. Must be technically proficient, and disciplined in project mgmt. and be able to work with multiple clients/users/stakeholders to meet their requirements. 10 yrs exp in Systems Ops, Process Diagnostics and Implementation. Full info HERE (10/29)
SALES PLANNER >>
JUKIN MEDIA/NEW YORK, NY:Seeking an individual who can combine creativity and strategy with a deep understanding of the digital media sales process. Must be able to work with clients, with a min of 2 yrs in advertising/media and a proven track record of building strong client relationships. Full info HERE (10/28)
VP, SCRIPTED SALES & CO-PRODUCTIONS >>
BBC STUDIOS/LA, CA: Resp for managing sales/co-prod activity in the fiction genres, with clients across both TV/digital. Need to deliver against a stretching bus plan and budget, maximizing the BBC Studios Catalogue through licensing and co-producing programme rights in the US for TV/VOD. 5yrs exp in programme dist, with an understanding of the UK TV industry. Full info HERE (10/28)
HEAD of PRODUCTION >>
Half Yard Productions/New York: Reporting to the SVP of Prod & Ops this position is resp for overseeing all Productions and Production Mgmt staff across a wide range of programs. Including supporting the Development Dept in creating budgets/schedules for all new productions. Exp in managing various types of shows for networks/channels. Full info HERE (10/27)
EXECUTIVE PRODUCER >>
Newsmax Media/NYC: Responsible for designing and building shows, managing show hosts and production team, identifying and integrating guests, overseeing and executing the production of key video & graphic elements. 3+ yrs EP exp or political news & talk programming. Full info HERE (10/27)
ASSOCIATE PRODUCER >>
Newsmax Media/NYC: Write for fast paced news and opinion show. You are an exceptional storyteller with a command of political news and cultural trends. At least 3 years of national or large market local news experience. Full info HERE (10/27)
SENIOR LINE PRODUCER >>
Newsmax Media/NYC: Responsible for the production and execution of live political news programming, and recorded video segments for television, and digital platforms. 3+ yrs experience line producing. Full info HERE (10/27)
Newsmax Media/NYC: Responsible for the production of live news & talk show, and recorded video segments for television, and digital platforms. 3+ yrs in TV news and/or talk production. Full info HERE (10/27)
MANAGER, RESEARCH DIGITAL/ON-AIR MAGNOLIA >>
DISCOVERY INC./NEW YORK, KNOXVILLE: Strong strategic & data-oriented individual to partner on new Magnolia Network & oversee research and performance analytics to optimize Magnolia’s linear & digital presence. 5+ yrs analytics exp req’d. Full info HERE (10/26)
SOCIAL MEDIA ASSOC PRODUCER >>
JUMA ENTERTAINMENT/Remote: Looking for creative and highly motivated individual to access and clear videos for network prime time clip series. Must possess a love of TikTok, Instagram, Twitter and Facebook, and be able to navigate platforms. Full info HERE (10/25)
MANAGER, PROGRAMMING ANALYTICS >>
CHARTER COMMUNICATIONS/STAMFORD, CT: Resp for accessing and leveraging internal/external data, as well as building models to support Charter’s various business grps (Programming Acquisition, Original Content, Spectrum Nets, Mktg, Product, etc.) on critical initiatives and decisions. Min 5 yrs exp in data modeling and analytics. Full info HERE (10/25)
VP, MARKETING & COMMUNICATIONS >>
AMERICAN PUBLIC TELEVISION/BOSTON, MA: Public media leader seeks VP to promote APT brands, impact, marketing strategies, diverse content & engage audiences. Min 10 yrs experience. APT is EOE. Full info HERE. (10/24)
DIGITAL CONTENT MANAGER – COUNTER LOGIC GAMING (CLG) >>
Counter Logic Gaming/Madison Square Garden Sports/LA, CA: Counter Logic Gaming is looking for someone to lead the digital mktg team, with a focus on digital content and social media. Resp for creating/executing all CLG digital/content strat across all social/streaming platforms. Min 5 yrs of digital/mktg exp. Full info HERE (10/24)
DIR, LIVE ACTION & UNSCRIPTED SERIES MKTG >>
Nickelodeon/NYC, NY: Ideal candidate will lead a team of mktg and campaign mngrs in all aspects of marketing across all platforms in support of Nickelodeon series and content. Min 8 yrs exp in marketing, media or a consumer strategy position. Full info HERE (10/24)


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A couple of months ago, 7 For All Mankind announced that James Franco would be not only starring in, but also directing their upcoming Spring ad campaign. The newest installment from the collaboration between James and the brand, will be a mini film series.
The series which will be released in 10 episodes, has a 70s style vibe. As James explained, “The look of the film and the clothes feels very Seventies. We shot right on the beach and drove up the PCH [Pacific Coast Highway], so I guess you could say it’s a vintage 1970’s California dreamy feel. The movies that I cut together have a lot of weird double exposures and super-imposed images over other images, so it’s a real, I guess you could say, trip.”
While the first episode will not be released until February 15th on YouTube, you can get a preview of what’s to come by checking out some of the ads from the campaign below and check out a preview video here.


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Bethesda Softworks has announced Fallout 76. The studio announced the game via the release of a teaser trailer.
Although no further details have been released yet, the trailer shows detailed environments supposedly from inside fault 76.
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Fallout 76 is expected to be release in 2019 for PC, Xbox One and PlayStation 4.


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The luxury fashion brand Burberry revealed it is clothing a new "mini-me" generation, as its half-year profits tumbled by a fifth.
Burberry said its childrenswear revenues jumped by nearly 50 per cent, driven by parents dressing their kids in the brand. Stacey Cartwright, the firm's finance director, said: "The brand lends itself to the mini-mes, [with its] mini trench coats and mini wellies."
Over the six months to 30 September, Burberry's pre-tax profits fell to £78m from £97m a year ago, largely because of a 23 per cent drop in underlying wholesale revenues. But its total sales rose by 6 per cent to £572m over the half-year, boosted by a robust performance from its retail division. Ms Cartwright said its five London stores were doing "exceptionally well" as shoppers from Europe and China take advantage of the fall in sterling.
Burberry said it generated net cash of £56m in the first half, compared to a net debt, or cash outflow, of £114m last year. The interim dividend rose by 4 per cent to 3.50p.Reuse content


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Microsoft's stock took a beating in trading today after a pair of research firms said PC shipments in the first quarter were down as much as 14% from the year before.
As of 4 pm. ET, shares of Microsoft were down nearly 5 per cent to $US28.82.
Other technology stocks, including those of Dell, Hewlett-Packard and Intel, were also off, down eight-tenths of a percentage point, 6.5 per cent and 1.7 per cent, respectively.
In its estimate of first-quarter PC shipments, research firm IDC partly blamed Microsoft's Windows 8 for the drop in sales, said HP's shipments declined 24% compared to the same quarter of 2012, and said Dell's shipments dropped 11 per cent. HP and Dell were ranked by IDC as the world's largest and third-largest PC sellers.
On the Hong Kong exchange, Chinese PC maker Lenovo, which held second on IDC's list and had flat sales last quarter, fell 5.8 per cent during trading.
At least three Wall Street analysts also downgraded Microsoft's stock.
Goldman Sachs analyst Heather Bellini changed her recommendation from "neutral" to "sell," while Rick Sherlund of Nomura and Stephen Turner of Hilliard Lyons switched their positions from "buy" to "neutral," according to Bloomberg.
They followed Merrill Lynch's managing director Kash Rangan, who last week cut his rating from "buy" to "neutral."
In a note to investors quoted by Barron's last week, Rangan noted that about 25 per cent of Microsoft's Windows revenue stemmed from consumer PC purchases, which he presciently said would be lower than expected for the quarter.
Rangan also reiterated what other analysts -- both industry and financial -- have said since last fall, that display shortages have kept prices of touch-enabled Windows PCs too high for consumers to stomach.
Patrick Moorhead, an industry analyst at Moor Insights & Strategy, pointed to Rangan's downgrade last week as an example of Wall Street "asking the right questions."
When asked to explain that comment, Moorhead cited the intertwined divisions at Microsoft, where Windows, although not the group that brings in the most revenue, is the foundation that the Business -- responsible for Office -- and the Server and Tools divisions stand upon. Without Windows, and its dominant position among operating systems, the thinking goes, Office sells next to no suites and Server and Tools may as well shut the doors.
"Windows is the driver [for Microsoft's revenue]," Moorhead said in an interview last week. If Windows sales slide because PC sales have badly slumped -- and they look likely to languish for the foreseeable future -- the rest of Microsoft may follow, albeit not immediately.
"Microsoft has a tremendous amount of exposure here," said Moorhead. "What [analysts like Rangan] are doing is looking beyond some reasonably good financials and asking, 'What if the franchise really starts slipping away?'"
Moorhead wasn't counting Microsoft dead and gone -- "The game is not over with," he said -- but neither was he overly optimistic. "So far, their prognosis doesn't look good at all."
Microsoft will hold its quarterly earnings call with Wall Street analysts next week, on April 18 when it will reveal revenue figures.
Gregg Keizer covers Microsoft, security issues, Apple, Web browsers and general technology breaking news for Computerworld. Follow Gregg on Twitter at @gkeizer, on Google+ or subscribe to Gregg's RSS feed. His email address is firstname.lastname@example.org.
Read more about windows in Computerworld's Windows Topic Center.


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About the Author
Colin Zwirko is an NK News correspondent based in Seoul.
A new trade exhibition featuring Chinese “high-tech” products and other industrial and consumer goods kicked off in Pyongyang on Monday, North Korean state media reported.
The International High-Tech Product Trade Fair was reported in the Korean Central News Agency (KCNA) on Tuesday to be a significant event for DPRK-China relations.
KCNA said the event, which overlaps with a visit to the DPRK by Chinese foreign minister Wang Yi this week, would contribute to “strengthening the economic cooperation and exchange and expediting trade activities between the two countries.”
It “opened in the significant year marking the 70th anniversary of the establishment of diplomatic relations between the DPRK and China,” the report said.
“On display at the trade fair are artificial intelligence products, electronic goods, building materials, light industrial products, household goods, and others,” it continued.
The fair is being held at the Pyongyang International Cinema House on Yanggak island, where DPRK officials including chairman of the State Commission of Science and Technology Ri Chung Gil and vice-minister of Construction and Building-Materials Industry Ri Myong Hwan attended the opening.
Images of the fair carried by KCNA and accounts operating under the Pyongyang-based Sogwang outlet showed a range of goods including virtual reality (VR) motion simulator chairs, a large agriculture-use drone, and luxury hotel equipment and furniture.
A range of consumer goods were also on display, including mid-range wristwatches, kitchen and household appliances, baby strollers, eyeglasses, toys, and sports equipment.
The fair appears to have been organized by the Shenzhen Enterprise Confederation, according to signs bearing its name and the event title in Chinese and Korean greeting guests as they enter the venue.
As such, only Chinese companies appeared displaying products and advertisements in the available imagery, with many identified as hailing from southern China’s Shenzhen and Guangdong Province.
Spotted on display was a large unmanned aerial vehicle (UAV) or drone with a tag written in Korean stating it is for “agricultural use” — found to be the “agricultural plant protection drone FXD1-10″ made by FXD Guangdong Fexda.
VR motion simulator chairs appearing to be the same as those made by the Linehand brand under Guang Zhou Wang Dong Electronics Technology Co. Ltd were being demonstrated at the fair in Pyongyang as well.
An identical model is being sold by the company on China’s Alibaba online shop for around 655,000 RMB ($91,000 USD), and boasts of using components such as Japanese Koyo-brand bearings, Amercan Kingston-brand memory and Gates-brand belts, and Taiwanese Gigabyte-brand motherboards.
Also present were mid-range wristwatches from the Chinese brand Flanko on display at the high-tech fair, a company which states on its website that it entered the Chinese market in 2010 and has established over 1000 sales outlets.
But the company also says it is based in Seattle in an active Kickstarter page, with CEO and founder Jun Chen explaining in a video posted to a company English-language Youtube page that its watches are designed out of the northwest U.S. city.
In addition, a small 3D printer was on display at the Pyongyang fair made by the Shenzhen Weistek Co., while various hotel buffet display and kitchen goods were presented under a banner for the Shenzhen Vibolong Hospitality Equipment & Supplies Co.
Kitchen appliances from Chinese brands such as Midea — also seen on display at the newly-remodeled Daesong Department store — and Konka were shown off at a booth for the Shenzhen Yiqun Electric Appliance Company’s online shop.
The import of many of these items could constitute violations of UN Security Council (UNSC) sanctions on machinery, metals, electronics, luxury goods, and other measures if found to have been shipped into North Korea for the fair.
Such displays have become a regular occurrence in the face of sanctions, however, with Chinese and other foreign brands found to be importing and displaying sanctioned goods on a regular basis at the major twice-annual international trade fairs in Pyongyang and other shops and events.
Dozens of Chinese participants appear to have traveled to North Korea for the first-ever event of its kind this week, with KCNA showing a large group of Chinese visitors laying flowers at the statues of Kim Il Sung and Kim Jong Il on Saturday.
KCNA reported that “Chinese guests” arrived in Pyongyang last Friday specifically to participate in the fair. The event is set to run through Friday.
Meanwhile, the 15th Pyongyang Autumn International Trade Fair is set to be held later this month at the Three-Revolution Exhibition House, running from September 23-27.
The website of North Korea’s state-run Korea International Travel Company (KITC) also recently announced that the Pyongyang International Green Building Materials and Furniture Exhibition will return for its second year, to be held at the same venue from October 28-31.
Edited by Oliver Hotham
Featured image: KCNA


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For the better part of three decades Grammy-winning musician, Wyclef Jean, has made it his responsibility to not only promote, but bring aid to his embattled homeland of Haiti. Hence, it came as no surprise that ‘Clef was once again up to bringing awareness to Haiti’s latest misfortunes.
Following his performance at Barlclays Center’s “Trillerverz” concert series — where Big Daddy Kane and Krs-One faced off in a Verzuz battle — the Fugees rapper celebrated with a good luck charm to his homeland. Given his history of wearing his flag on his sleeve, it was only fitting that the “Maria Maria” composer — unknowingly — jumpstarted the chain-of-events towards the current philanthropic efforts for Haiti.
It all began a few months ago when, Diane Jean — cousin of Wyclef – purchased “New York Intense” and “New York 5th Avenue” from luxury perfume house, Fragrance Du Bois, to gift ‘Clef. Unbeknownst to them, the high-priced fragrances were stolen from their South Orange, New Jersey location. On the same day of the theft, Diane Jean promptly hopped on a call with Nicola Parker, VP of Sales at Fragrance Du Bois, to secure another shipment of the luxury fragrance. The conversation led to the two discussing the devastating earthquake in Haiti, which prompted the Fragrance Du Bois team to go into action with a pledge to help Haiti.
They aligned with television personality and philanthropist, Bethenny Frankel, the founder of BStrong — a disaster relief initiative that provides real time emergency assistance to individuals and their families in crisis — and chose to raise funds for her charity because of its stellar reputation as a hands-on charity delivering immediate assistance.
So, from October 15 to November 15, 25% of sales from Fragrance Du Bois’ “New York Intense” and “New York 5thAvenue’s” online purchases will be donated to help Haiti.
We are a globally conscious company- our giving personifies the brand’s identity of being for all people. Real luxury is all about giving.
Nicola Parker, VP of Sales at Fragrance Du Bois
Thus, donning a Haitian flag and top hat, Wyclef Jean doused himself in “New York Intense” in front of a packed Barclays Center as a good luck charm to his beloved Haiti and a show of good faith to Fragrance Du Bois, as they embrace the cause that ‘Clef has held dearly to his heart for so long.
DJ Super Cat then doused the stage with “New York Intense” and yelled to the audience: “help Haiti!”
To purchase “New York Intense” or “New York 5th Avenue” online, click here.


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SuperM will release new album “Super One” on September 25th.
SuperM has also decided to appear in a-nation online 2020.
And the visual of Taeyong of SuperM’s new single “100” announced on August 14th has been released!
This is the new SuperM Taeyong’s visual released on August 11.
The other day, the group image of “100” was released, and it was talked about that Taeyong is very similar to Todoroki who appears in My Hero Academia.
The newly released Taeyong’s visual was also a hot topic!
Half of the hair was red, half was white, and the colors of the colored contact lenses were different on the left and right.
It’s incredibly cool with a new concept.
The visual of Taeyong was getting attention.
Currently, the “Super One” project is underway for the release of the new album “Super One”.
The new song “100” will be released soon!
Please check it out♪


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There were five. And now, there are none.
Faraday Future, the once-buzzy Chinese electric vehicle startup that has delivered lots of promises and fanfare, but has struggled to deliver an actual product, suffered back-to-back departures this week of the remaining five founding members of its executive team. Nick Sampson, a co-founder and senior vice president of product strategy, and Dag Reckhorn, the company’s senior vice president of global manufacturing, resigned this week.
The departures were first reported by The Verge, which has closely followed the company’s numerous problems. Sampson confirmed his resignation to TechCrunch. Faraday Future has not responded to a request for comment. (We’ll update if that happens).
Faraday Future initially launched with the backing of Jia Yueting, who co-founded the company with Sampson, a former Tesla director, and Tony Nie, a former Lotus executive. Nie left earlier this year. The founding executive team included Reckhorn, Sampson, Richard Kim as well as two other Tesla veterans Alan Cherry and Tom Wessner.
Sampson and Reckhorn were the last of the founding executive team. Only Jia Yueting, the company’s initial backer, co-founder and CEO, remains.
It’s been more than four years of drama for the company that has been trying to begin production of an ultra luxury electric SUV called the FF91 by the end of the year.
It’s most recent setback may sound the death knell for Faraday Future. The company is quickly running out of money, a problem that accelerated during a fight with its main financial backer, Chinese real estate giant Evergrande Group. Evergrande came to Faraday’s rescue just as it was running out of cash in 2017 and took a 45 percent stake in the company for $2 billion.
That relationship has since soured. Faraday had spent $800 million by July 2018 as it pushed to complete a pre-production version of the FF91 vehicle at its Hanford, California factory. Evergrande has denied an advance of any more capital and accused Jia of trying to back out of its investor deal. The case went to arbitration and Faraday Future is allowed to seek up to $500 million in new investment — if it can find a willing investor. Even then, Evergrande must still approve any deal.
Now, as Faraday Future seeks other investments, the company has laid off employees, cut salaries and most recently shut down some operations at its Hanford factory and Gardena, California headquarters.


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A cellphone that’s on 1% while you’re stuck in traffic. A tablet that runs out of juice during a long and dreary commute. A laptop that decides to die while you’re just trying to get some work done on the go. These are just a few scenarios that teach you never to leave home without a spare charger. Luckily, you can save up to 40% today on select Anker charging accessories—including lightweight power banks, durable cords and more.
Anker's wireless chargers just got an upgrade. The MagGo is a foldable wireless portable charger that magnetically connects to your phone. It also stores your phone on an angle for easy viewing.
"As with almost everything from Anker, this battery is high quality and it charges pretty quickly and provides a charge to my iPhone quick enough for me," a five-star fan said. "The light blue color I chose goes well with my blue gray iPhone 13 Pro, and when I hold my phone with the battery affixed to the back, I feel it actually gives me more to grab while I’m using it."
Need to power stuff up fast? This compact and powerful device has a 100-watt USB-C port that boasts the ability to save you an hour of charging time with MacBooks, iPads, iPhones and more.
"I am extremely impressed by this device," said a happy customer. "I have two laptops, one iPad, two cell phones, and several other devices which demand external power at times. The fact this operates at 100 watts peak is amazing in itself. I can charge four devices concurrently."
MFi certification and strict quality testing make sure your Apple devices are charged safely, at their fastest possible speed, while a special design ensures the cables can handle more than 12,000 bends to make them last.
One happy user called these cables "strong," adding, "I love Anker."
The Indian rupee sank to a new record low on Monday, following the pound's tumble and fears over more aggressive monetary tightening, with traders saying the Reserve Bank of India likely sold dollars to contain the decline. The rupee hit a record low of 81.5525 per dollar, down from 80.99 in the previous session.
With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of traditional television channels as the streaming services look toward continued expansion.
India lost openers Rohit Sharma and KL Rahul cheaply in the powerplay, but Yadav and Kohli put on a century stand as they chased their target of 187, and Hardik Pandya hit the winning runs with a ball to spare. Yadav hit five boundaries and as many sixes in a 36-ball 69 and was looking unstoppable until he fell to Josh Hazlewood, with Kohli then taking over as he hit 63 runs off 48.
The assassination of former prime minister Shinzo Abe has renewed scrutiny of the Unification Church in Japan, with accusations being made that the sect cultivates political connections and pressures members to donate.
Governments around the world must scale up climate action "or face further legal action", an open letter from campaign groups warned Tuesday, as battles over policies to cut emissions and protect the environment are increasingly fought in the courts.
Swedish defence products company Saab will set up a facility to manufacture its Carl-Gustaf M4 weapons system in India, a top executive said on Tuesday, as the company looks to ramp up production. The facility will begin production in 2024, Senior Vice President Gorgen Johansson told reporters at a news conference. Johansson declined to provide detail on the investment that the company is likely to make in the facility.


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Coins marking the Commonwealth Games in Glasgow and the 100th anniversary of the start of World War One will enter circulation in 2014.
The Royal Mint has released details of the new coin designs that will feature on the 50p, £1 and £2 coins.
The new coins will enter circulation gradually, so people will start to spot them in their change during the year.
Five billion coins are produced at the Mint's site in Llantrisant, south Wales, every year.
The regular designs currently found on UK coins will continue to be used, but some will be replaced with the new designs as they become unfit for use.
The new design of the £2 coin will feature the image of Lord Kitchener's call to arms.
This is the first Royal Mint coin of a series that will mark WW1 from its outbreak to the armistice.
Another new design for the £2 coin pays tribute to the 500th anniversary of Trinity House, the coastal defences that have helped protect shipping since 1514.
The new designs for £1 coins will continue a series celebrating the floral emblems of the nations.
The shamrock and flax plant feature on the £1 of Northern Ireland, while the thistle and bluebell are portrayed on the Scottish £1 coin.
The success of coins marking the London 2012 Olympics has prompted the Mint to produce a coin to mark the Commonwealth Games in 2014 in Glasgow.
The 50p coin will feature two sports - athletics and cycling - as well as the Saltire of Scotland.
Shane Bissett, director of commemorative coins at The Royal Mint, said: "The Royal Mint has celebrated moments of national and cultural significance for more than 1,000 years.
"We wanted to reveal the coins to the British public and show the incredible works of art they can expect to see enter circulation this year. This will no doubt entice many to take a closer look at their change, collect their favourites and realise that many might be worth holding on to."


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Have you ever been in a situation in which you'd like to request an Uber ride, but you'd prefer waiting some time for it to be cheaper? If so, the company may have good news for you in the near future.
Quartz spotted a tweet from an Uber employee - which has since been deleted - showcasing a new feature for the ride-hailing app, which would let those looking for a ride know when they can save money by waiting a little longer instead of requesting the ride right away.
As you can see in the screenshot included in the tweet, the user is warned that a cheaper ride will be available in just four minutes, saving the rider about 20% of the cost of the trip.
The feature is currently in testing by employees in the San Francisco and Los Angeles area and it's unclear when it could be coming to the public. Nonetheless, it's a good sign for those who often request rides from the service.
The move is a clear attempt by Uber to keep its customer base, as other ride-sharing services such as Lyft have been growing and posing a bigger threat to its dominance. The move also helps somewhat compensate for the price increases the company started implementing last year due to higher costs and complaints from drivers.
More importantly, the new feature clearly distinguishes Uber's stance from where it was a year ago when it started raising prices for users based on what they might be willing to pay.
As it faces fiercer competition in the United States, Uber has also been trying to expand its offerings to other countries, recently releasing a lightweight version of its app for countries and areas with limited connectivity.


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Urlacher's $100,000 Hat
By Benjy Lipsman in News on Apr 19, 2007 4:57PM
Did you know that the hat Brian Urlacher wore to the Super Bowl media day cost him $100,000? No, it wasn't some bling-encrusted, endangered-species-skin fashion statement. In fact, the hat itself was most likely given to him for free by VitaminWater. But his wearing of the hat cost him $100,000 because it violated the league's sponsorship rules. That's the largest non-suspension fine in league history!
See, the NFL has a little deal with Gatorade that makes it the "offical drink of the NFL." And the NFL likes to protect its sponsorship deals, especially when said drink company pays the league $45 million a year. Players' own endorsement deals don't always match up with the NFL's, and when it comes to official events the NFL bars logos from unofficial companies.
For a Super Bowl-related event, the six-figure fine is standard. Urlacher just happened to be the first hit by such a fine. A violation during the regular season is currently a $10,000 fine, and during the Pro Bowl a $50,000 fine.
Seeing as Urlacher removed the hat about three minutes into the event, when notified by a Bears public relations spokesman, the fine comes out to about a grand per second! A little excessive if you ask us. And, as the Trib's David Haugh pointed out, 20 times what Urlacher was fined for a helmet-to-helmet hit against J.P. Losman during the regular season. Does that mean that league sponsors are 20 times more valuable than starting QBs?
Urlacher's fine follows in the footsteps of Bears QB Jim McMahon, who was fined $5,000 during the 1985 playoffs for wearing an Adidas headband on the sidelines during a game. For the next game, he wore a headband with "ROZELLE" — then league commish — written across it. We can only hope that Urlacher shows up at the next NFL event wearing a "GOODELL" cap!
Base image via BodogBeat.


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Apple released its best ever third quarter earnings report today, and traders have been sending the company's shares for high hours after trading.
Thanks to record revenue from service business and strong growth from wearables, Apple is heading into the most important period of the year that is ready to make money. Investors had a lot of questions for CEO Tim Cook and CFO Luca Maestri during today's conversation, and the duo revealed some important things we didn't expect.
iPhone is no longer king
For the first time since Q4 2012, the iPhone accounts for less than half of all Apple revenue. Wearables is Apple's fastest growing product category with AirPods and Apple Watch growing in popularity. Services are also booming. Together, the two categories are approaching the size of a Fortune 50 company.
All these categories depend on the iPhone still being popular. Apple can be put in a tough place for growth when markets are more saturated, making other projects such as healthcare, augmented reality and self-driving cars even more important.
Tim Cook says they are working on some services that are not capable. t is connected to Apple's products, but most of them are aimed at Apple's active installation base.
Wearables are an unsung hero
Apple's wearables business is now larger than 60% of Fortune 500 companies. Last quarter, Apple made more money on wearables than did iPad or Mac. Services and iPhone are the only product categories larger than it is now. Analysts have seriously underestimated the upside of Apple's portable clothing. AirPods are the new iPod, and Apple Watch is also keen for Apple Watch. 7% of Apple Watch buyers last quarter were first time buyers, while 25% upgraded from an old model.
China problem is overrated
We've heard all year that Apple was facing some major problems in China, but that doesn't seem to be true.
Tim Cook stepped in during today's earnings call to reassure investors that the business is bouncing back. Apple's revenue in mainland China increased the year before. The iPhone-installed base grew year over year in China. Apple also saw double-digit revenue growth of services in China.
Apple took some price actions to help sales and made some exchange and financing programs. Tim Cook said they also see a broader engagement with the Apple ecosystem. Each product category improved sequentially in mainland China, leading Cook to say things look "pretty positive" going forward.
Mac Pro could make an American comeback
At a shocking moment during today's conversation, Tim Cook said that Apple can retain Mac Pro production in the US after all. The company recently applied to have some parts excluded from Trump's tariffs. Trump quickly fired back on Twitter that Apple should do so in the US or no deal. Cook told investors that the company is looking into it.
"When it comes to exclusion, we've created Mac Pro in the United States. We will continue to do so," Cook said. "And so we are currently working and investing in the capacity to do so because we want to continue to be here."
It is unclear how much of the production was to be moved to the United States. Apple CEOs did not elaborate on what moves the company is making, but it will eventually decide to assemble Mac Pro in the US, though many of the parts will still be sourced from China. Time is running out to unlock those details, but as Apple told developers during WWDC 2019 that the Mac Pro will launch by the end of the year.
Apple Card coming in August
Tim Cook announced the launch of the Apple Card in August. The news came at the height of a report last week that claimed it would be coming in a few weeks.
The Apple card was originally unveiled during an Apple event in March. Thousands of Apple retail employees have reportedly beta-tested this past month. Some analysts expected the card to launch when iOS 12.4 was released to the public, but an official launch date has not been provided.
Services will increase revenue by 2020
With Apple Card launching next month and Apple TV + and Apple Arcade coming this fall, investors will know when they will begin to see Apple's investment in new services begin to pay off. Apple CFO Luca Maestri warned that the new services will not be big money makers right at launch.
During the conversation, Maestri revealed that there will be some free trial periods for the new services. He did not explain how long trial periods will be, but because these products will be launched this fall, investors will not see their growth in a couple of months.
"The road to monetization is taking a while," said Luca Maestri. "All of them will help us with growth rates as we move into next year."
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Apple has some exciting projects in the works.
Photo: Duncan Sinfield
Photo: Duncan Sinfield
Investors always try to get a little glimpse of Apple's product plan during the Q&A section of the revenue call. And every time Tim Cook turns them off. This time, Tim said that Apple has exciting new products ready to come out for the rest of the calendar year. He said Apple has made great efforts in an augmented reality. We also know that the company has a self-driving car project in the works.
If you need more proof that Apple is preparing something exciting, check out R&D spending. The company spent $ 4.3 billion on R&D last quarter. It was more than it was used in 2010 and 2011.
Guidance for the fourth quarter of 2019 is quite "meh"
Apple's Q4 revenue guidance is quite high for Q4 2019 The company estimates between $ 61 billion and $ 64. B. Last quarter, it generated revenue of $ 62.9 billion, making Apple look modestly expected. With the iPhone launching for 2019 right at the end of Q4, some investors hoped Apple's guidance would be more optimistic, signaling that a wave of upgrades is coming. Instead, Apple said it expects to see the strongest growth from non-iPhone categories next quarter.


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Uber on Tuesday reported record revenue in its most recent quarter and said more drivers and couriers were using its platform than ever before, suggesting that the company is emerging from a pandemic-fueled downturn in a far better position than it was two years ago. Still, Uber lost nearly $2 billion from its stakes in other ride-hailing services.
The company outperformed analysts’ expectations, shaking off concerns over high inflation to post $8 billion in revenue, a 105 percent surge from a year earlier, when the world was just emerging from pandemic lockdowns. Growth in Uber’s ride-hailing business drove the increase, though its food delivery arm jumped 37 percent from a year earlier.
The record 122 million people using Uber each month accounted for a combined 1.8 billion trips in the April-to-June quarter, up 24 percent from a year earlier.
Uber’s stock rose more than 13 percent in early trading on Tuesday.
Uber said it had generated $382 million in free cash flow — its first positive free cash flow in a quarter, meaning it generated more money from its business operations than it lost. That’s a milestone sought by Dara Khosrowshahi, the chief executive, as he tries to guide Uber toward consistently turning a profit. As the tech and business markets have cooled, Mr. Khosrowshahi has told his employees to cut costs and focus on profitability.
“I challenged the team to meet our profitability commitments even faster than planned, and the team delivered,” Mr. Khosrowshahi wrote in prepared remarks Tuesday.
More About Uber
- Antitrust Lawsuit: A group of drivers seeking class-action status have sued Uber and Lyft, claiming that the companies are engaging in anticompetitive practices.
- Performance: Uber continued its recovery from the pandemic lull, reporting $6.9 billion in revenue for the first three months of 2022, up 136 percent from a year earlier.
- Masks: As transportation companies relax their Covid-related policies, Uber said it would stop requiring riders and drivers in the United States to wear masks.
- New Partnerships: The ride-hailing service is teaming up with two yellow cab companies in New York City, and is close to a similar deal with a San Francisco taxi outfit.
- Interview: Jill Hazelbaker, a top executive, helped Uber weather sexual assault accusations. Here she talks about what it took.
Uber’s strong results, on the heels of more mixed reports from other tech companies like Amazon and Microsoft, were not without blemishes. The company still lost $2.6 billion, including $1.7 billion from its investments in other ride-hailing businesses like Aurora, Grab and Zomato.
But the company pointed to other positive signs. Though Uber has had to contend with high gas prices and is entangled in a variety of legal disputes across the United States over the employment status of its drivers, it now has nearly five million drivers around the world, a record number and a 31 percent increase from a year earlier.
On Friday, Uber said it would begin allowing drivers to see their destination and earnings for a trip before accepting a passenger, a change that the company said was aimed at giving its drivers more flexibility and support. The new program, Upfront Pricing, has been tested in about 20 U.S. markets this year and will be rolled out to most of the country, except California and some other markets, in the coming months, said Alix Anfang, an Uber spokeswoman.
On a call with investors on Tuesday morning, Mr. Khosrowshahi pitched high inflation as a potential positive for the company.
He said that in a leaner, more cost-conscious environment, Uber’s competitive advantages over its rivals like Lyft — such as its global reach and wide array of offerings that include both food delivery and ride-hailing — would be more obvious.
“No one wishes for a tough economic environment or elevated inflation,” he said, but “there’s no question that this operating environment is stronger for us.”
And he said drivers had been lured to Uber in part because of concerns about increasing grocery prices and other costs of living. The number of new U.S. Uber driver sign-ups in the quarter was up 76 percent from the same period a year ago, Mr. Khosrowshahi said, and more than 70 percent of those drivers said soaring inflation played a role in their decision to ferry passengers.
“We could be seeing evidence where it’s helping us, in that it’s a very significant consideration base for drivers coming onto the system,” he said of inflation.
That influx of drivers has helped decrease average Uber wait times for passengers, which have declined from five to six minutes to about 4.5 minutes more recently, he said.


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Screen withdraws from drupa
Published: 2 September 2020 | No comments yet
The Screen PacJet FL830 is a new water-based inkjet printing system for flexible packaging that will be part of the next generation of inkjet technologies for packaging applications
Screen Graphic Solutions Co., Ltd. (Screen GA) has confirmed the company will not be exhibiting at drupa 2021.
The decision by the inkjet digital printing specialist has been made based on ‘sensible precautions’.
In a statement, Screen GA noted, ‘We have made this decision based on sensible precautions after considering the current circumstances of the COVID-19 pandemic, and the growing opportunities for virtual experiences provided by new communications technologies.
‘With both market and social conditions undergoing such drastic changes, Screen GA believes it is essential to accelerate timely communication with our customers and partners. We are continuously creating both virtual and physical communication opportunities designed to ensure the best possible experience.’
Such opportunities will be exploited by Screen Americas when it opens its new headquarters, which will house a technologically-advanced Customer Experience Center featuring the company’s digital inkjet printing technologies, and which will permit both live and virtual product demonstration events for expanded outreach to a growing market.
Screen Americas president Ken Ingram said, ‘We will miss the innovation and excitement that is typically at the forefront of drupa. Given the current state of affairs, however, this choice is certainly understandable as we fully endorse the safety of our employees and customers. This only reinforces to us that we’ve made smart decisions in the Americas to build out and improve the way we connect with customers and prospects in every way.’
drupa 2020 as planned would have seen Screen debut a host of new technologies for various packaging applications, including flexible packaging and digital corrugated printing.
Mark Schlimme, vice president of marketing at Screen Americas, added, ‘With the virtual demo experience we’re launching and as the new Customer Experience Center takes shape, we’re more committed than ever to making it easy for our customers and prospects to get their eyes and hands on our solutions – even if that looks different going forward.’
The rearranged drupa is scheduled for 20-28 April, 2021.


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K-Pop and Whisky Collide as Chivas and Blackpink Star Lisa Launch Limited-Edition Scotch Bottle
Lisa, one-fourth of smash K-Pop group Blackpink, is continuing her partnership with scotch whisky brand Chivas with a Chivas 18 collaboration. Chivas is releasing a limited-edition bottle featuring a design with blue and hot pink hues, complete with Lisa’s signature appearing in a neon blue color. The box that houses the bottle features with a combined Chivas x Lisa star pattern and Lisa’s signature in neon pink.
The bottle is decorated with a detachable leather strap and removable 18K gold-plated charms: the Chivas logo and Lisa’s star.
“I had so much fun working with the team at Chivas on this limited edition bottle,” Lisa said, per Chivas. “The bottle is typical LISA – bright, bold, and unique – and I’m so excited for everyone to finally see it. It is amazing to now have my own bottle – and cocktail too!”
The bottle is being released in China, Korea, Vietnam, Thailand, Singapore, Hong Kong, Cambodia, Indonesia, Malaysia and the Philippines, and the price will be set by each market, a Chivas representative told Whiskey Raiders. The limited-edition bottles will remain only while stocks last.
Chivas has also released five cocktails with Lisa: Pink Spice, Flex Your Night, Chocolate Kiss, Plum Green Tea Highball and Watermelon Sunset. The recipes can be found here.
“As we continue to elevate Chivas for a new generation, it is important that we collaborate with people who represent this new generation of whisky drinkers,” Chivas Global Marketing Director Nick Blacknell said, according to Yahoo. “Our partnership with LISA resonates with people across several passion points – whether that’s fashion or music – and brings a convention-breaking, contemporary cool to the world of Scotch whisky. It was a natural next step in our collaboration with LISA to add her flair to one of our most prestigious blends, bringing to life the bold attitude that both Chivas and LISA share. With this limited edition launch, we are offering fans a taste of the creativity and innovation behind the partnership, and we look forward to seeing how people react to it.”
The 25-year-old Lisa’s real name is Lalisa Manobal.
There were reports that the whisky would be available Tuesday on the Chivas website, but it hasn’t yet appeared there. At this time, it’s unclear how fans of Lisa or Chivas can purchase this bottle.
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Report: Only 18 Percent Of Americans Can Drive ManualA new report shows fewer Americans own a car with manual transmission let alone know how to operate one. And there appear to be a number of reasons for it.
Senate Majority Leader To Offer Bill Allowing Tesla To Sell Cars To ConsumersThe majority leader of the Connecticut Senate says he'll introduce legislation that would allow electric vehicle manufacturers, including Tesla Motors, to sell cars directly to consumers.
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