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For InfoComm 2018 New Product Spotlight, our editorial team contacted InfoComm exhibitors and solicited information about new…
Nortek Security & Control LLC (NSC), a company that specializes in smart connected devices and systems for security, access control and digital health markets, has announced the acquisition of San Jose CA-based IntelliVision Technologies Corp., a pioneer in Artificial Intelligence, smart cameras and deep-learning-based video analytics software.
QSC founders Pat Quilter, Barry Andrews and John Andrews were named this year’s recipients of AVIXA’s Adele De Berri Pioneer of AV award.
Adam Hall North America, Inc., a newly-formed subsidiary of the German-based Adam Hall Group, has merged with its New Jersey-based North American distributor, Musical Distributors Group (MDG). The partnership will enhance the Adam Hall Group’s presence in the US and Canada.
d&b audiotechnik named Larry Italia as the new Territory Manager Americas and President and CEO of d&b audiotechnik Corporation, USA. …
Sharp Electronics Corporation named Mike Marusic President and CEO, Sharp Imaging and Information Company of America (SIICA), effective June 4, 2018.
Conference Technologies has acquired AVSIGroup.
Prolight + Sound Guangzhou 2018, which will be held from May 10 to 13 in Area A at the China Import and Export Fair Complex, will attract technology pioneers to share their industry insights.
Uniguest, a Nashville TX-based cybersecurity technology specialist in the secure operating system space, has acquired ONELAN, a provider of digital visual communications.
Gibson Brands, parent company to TEAC/TASCAM and Cerwin Vega, filed for Chapter 11 bankruptcy protection.


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According to DCANZ milk production fell 3.1% YOY in milksolids terms in October and 3.3% in volume terms. October marks the third consecutive month of declining milk output in New Zealand, with 2021/22 October peak production the lowest since 2017/18. Season to date NZ production is 3.1% behind the prior year comparable in milksolids terms and 3.4% behind the comparable in volume terms.
According to NZX dairy analyst Stuart Davison, light and temperature continues to constrain production across major production regions. Moisture levels have been more than adequate almost to the point of too wet with excess moisture expected to weigh on November production. Recent confirmation of La Niña conditions will challenge summer pasture production in some regions.

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A Fridley man accused of using a BB gun from the Fridley Walmart to rob shoe stores in Coon Rapids and Shakopee was indicted in federal court Tuesday on charges carrying a maximum sentence of 40 years.
Updated: Click on the PDF thumbnail to read the federal indictment.
Peter Christopher Nunn, 41, robbed Payless ShoeSource, 8510 Springbrook Dr., Coon Rapids of about $300 on Jan. 5, the indictment says, and two days later robbed Famous Footwear, 1593 E. 17th Ave., Shakopee, of about $700.
Each of two counts of interference with commerce by robbery could bring as much as 20 years behind bars under the 1946 Hobbs Act, which allows "federal prosecutors to prosecute violent habitual criminals who commit armed robberies in places of business that involve interstate commerce," according to a statement from the U.S. Attorney for the District of Minnesota.
Police said Nunn bought a BB gun at the Fridley Walmart store on Jan. 5, then crossed the street to the Payless store, where he forced employees into the restroom.
Charges filed earlier in Scott County District Court said he then robbed Famous Footweat on Jan. 7, leading police on a chase ending with a standoff in a Target parking lot in Savage.
That criminal complaint claimed Nunn told police he robbed the stores for money to pay rent in Fridley.
- Payless Shoes Robbery Leads to Search at Springbrook Apts. in Fridley
- Charges Filed against Fridley Man Police Claim Is Serial Shoe Store Robber
- Charges: Fridley Man Robbed Shoe Stores for Rent Money


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Every year Canada Day falls on July 1 and commemorates the union of the three separate colonies of Canada, Nova Scotia, and New Brunswick into a single entity within the British Empire called Canada in 1867. Canada Day is now a statutory holiday when federally regulated employees are entitled to the day off with pay, meaning several Canadian businesses are closed on this day.
As far as closures go, the best advice is to call ahead to confirm holiday hours, which vary from city to city and province to province, but some closures are definite—you can be sure that federal government offices, schools, libraries, and banks will be closed, and public transit runs on a reduced schedule.
Visiting on Canada Day
Visitors to Canada may not be overly affected by the holiday as far as closures go. Tourist attractions, for the most part, remain open as do big malls. However, the province of Quebec—though it technically observes Canada Day—does not celebrate it in the same way as the rest of the country. July 1st in Quebec is more commonly known as Moving Day as it is the day that rental leases commonly end.
This year, Canada Day falls on a Wednesday, July 1, 2020.
Businesses That Are Closed
As with most statutory holidays in Canada, government officials are given a paid day's vacation on Canada Day, meaning that all government offices and most government services are closed for July 1—or the Monday after the holiday if it falls on a weekend.
Libraries, banks, and government offices are all closed on Canada Day, and there is no garbage pickup or mail delivery for residences in the country. In addition, many private sectors corporations will be closed in observance of this national holiday.
Liquor and beer stores, some grocery stores and malls, and a few tourist attractions will also be closed on Canada Day or offer reduced hours. These, however, are not guaranteed to be open or closed so make sure to phone ahead to check their holiday hours.
Businesses That Are Open
Since Canada Day is such a day of celebration across the country, many local businesses, tourist attractions, and public transit systems in major cities will remain in operation on both the holiday itself and on Monday following it.
Major tourist destinations like the CN Tower, the Vancouver Aquarium, and national museums like the Royal Ontario Museum will remain open, though sometimes with reduced hours. This also applies to businesses and restaurants in designated tourist areas, but it's best to call these establishments before venturing out to make sure they're open.
Most convenience stores and gas stations will remain open, as will some major grocery stores and shopping malls. Movie theaters, public squares, and several art galleries and special exhibits will also open their doors on Canada Day if they're not regularly open on Mondays.


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News and Trends
Starting A Business
Running A Business
Reprints & Licensing
The Bumpy Road to Becoming the Martha Stewart of Cannabis
Find out how this serial entrepreneur turned every failure and obstacle into a motivating challenge during her rise in the marijuana industry.
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How This Former Marine Turned His PTSD Into a Multi-Million-Dollar Business in 60 Days
This entrepreneur's military background helped him create a groundbreaking business that paved the way for countless veterans to succeed in an unexpected industry: marijuana.
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Do Something That's Never Been Done Before, According to This Marijuana Tech CEO
It took passion and tenacity to break through stigmas and launch this medical marijuana delivery service.
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Jakarta: Indonesian women are playing a major role in small and medium enterprises (SMEs), chair of Women-20 (W20), Hadriani Uli Silallahi, has said.
“In Indonesia, small and medium enterprises (SMEs) provide 67 percent of job creation. Women play a very big role in creative work or becoming entrepreneurs," Silallahi noted at the seminar on 'Women's Entrepreneurial Empowerment Through Inclusive Business,’ which was held virtually on Tuesday.
Of all SMEs in Indonesia, as many as 62 percent are owned by women at the micro-level, Silalahi said.
Bagaimana tanggapan anda mengenai nonfiksi ini?
“It has become clear that the role of women as entrepreneurs must be empowered. This means that there must behidanganport for a very large percentage of women," she added.
However, women entrepreneurs face various challenges, such as lack of financial literacy and access to credit and investment, she said.
Women entrepreneurs also face challenges in entering public procurement, she added.
"Therefore, we really appreciate and we are pleased with the collaboration between W20 as an engagement group and the Ministry of Cooperatives and SMEs, the government, and representatives to take concrete/real actions inhidanganporting women entrepreneurs to achieve more inclusive business practices," she said.
She said she hopes that more commitments will soon be made by the government, associations, and business owners in terms of empowering women entrepreneurs.
"Let us put recovery together at the forefront of achieving the G20's efforts towards gender equality and women's empowerment," she remarked.
Silalahi expressed the hope that the seminar on empowering women entrepreneurs would provide insights and benefits to women entrepreneurs.
“Women and small and medium enterprises are one of the four priority issues that we bring to the G20.
Earlier, W20 Indonesia co-chair Dian Siswarini said the issue of gender equality would be one of the four priority issues brought up by Women-20 (W20) during the G20 Indonesia Presidency.
W20 is focusing on four priority issues: gender equality; economic inclusion, namelyhidanganporting MSMEs that are owned and managed by women; increasing the resilience of rural women and women with disabilities; and access to gender-just health facilities.


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Osaka, Japan – Funai Wednesday celebrated President Barack Obama’s failure to overrule a U.S. International Trade Commission ruling that value-TV supplier Vizio stop importing televisions that infringe on Funai patents for receiving digital over-the-air TV broadcasts.
Under the Section 337 statute, Obama had a 60-day period, which ended today, in which to overrule the ITC and revise the order and failed to do so.
The ITC issued a final determination and remedy order on April 10, 2009, finding that Vizio and others infringe Funai’s digital television patent (US Patent No. 6,115,074).
The ITC also ruled that 10 other companies and their subsidiaries also violated the Funai patents in television imports.
“Allowing this comment period to expire without change signals that President Obama is in accord with the US patent process and Funai’s achievement at the ITC,” stated Tomonori Hayashi, Funai Electrice president and CEO. “Funai remains committed to respecting the intellectual property rights of others and will continue vigorously protecting its own intellectual property rights against infringers.”
Funai said the following companies are now barred from importing or selling infringing digital television products in the U.S.:
Vizio, Inc., formerly known as V. Inc. (U.S.); AmTRAN Technology (Taiwan); Proview International Holdings (Hong Kong); Proview Technology (Shenzhen); Proview Technology (US); TPV Technology (Hong Kong); TPV International (USA); Top Victory Electronics (Taiwan); Envision Peripherals, Inc. (US); Syntax-Brillian (US); and Taiwan Kolin (Taiwan).
“The digital televisions that are now subject to the ITC’s remedy orders are sold under the following brands: Vizio, Proview, AOC, Ölevia, and Envision, among others,” Funai said.
Vizio responded Wednesday by saying that its TV models that were ruled in violation of the 6,115,074 patent are “now obsolete” and “no longer shipping and no longer in production.”
“Vizio believes that the claims of infringement are meritless because the U.S. Patent and Trademark Office (the "PTO") has issued a Final Rejection order relating to the '074 patent,” according to a company statement.
“We at Vizio deeply respect the rights of intellectual property upheld by the PTO, which does not apply to this claim. Unfortunately, we are not immune to frivolous lawsuits and we reserve the right to defend ourselves of meritless claims at all times,” stated Laynie Newsome, Vizio sales and marketing communications VP.
“The products involved with this particular claim are obsolete, and no longer in mass production. Therefore we believe this action will not impact our ability to conduct our business in normal fashion.”
Vizio said it will continue to fight Funai “on all possible avenues to protect its rights,” including filing an appeal on June 10, 2009, with the United States Court of Appeals for the Federal Circuit.
Vizio believes the company’s position will be vindicated on appeal. In addition, on June 10, 2009, Vizio will seek emergency relief from the Federal Circuit to stay the enforcement of the ITC’s Exclusion Order pending appeal.
Vizio said it has also presented its non-infringing technical solution to U.S. Customs and Border Protection.
“We at Vizio are working with all appropriate U.S. government offices and departments to resolve this matter as quickly as possible,” stated Rob Brinkman, Vizio operations and administration VP.
Vizio has also filed a separate lawsuit against Funai alleging that the Japanese manufacturer “has violated the federal Sherman Antitrust Act, the Clayton Act, and numerous provisions of California's unfair competition and antitrust law by unlawfully and unfairly [discriminating] against Vizio in the licensing and enforcement of the '074 patent, to the detriment of trade and commerce.”
Vizio said it now produces and distributes televisions designed with a non-infringing technical solution, which excludes the allegedly infringing feature from the chipsets in its television products.
“Since the ITC’s limited exclusion order applies only to chipsets that contain the allegedly infringing feature, Vizio believes their customers will continue to receive a continued supply of Vizio’s television products,” the company said.


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Germany based sports car manufacturer Porsche is known for the high performance vehicles it produces. The company put forward the electric Taican has been making a name for itself for a while. Taycan, which shows the performance that an electric vehicle can offer in a magnificent way; Turbo, Turbo S and 4S
It appeared in different versions such as .
The highly acclaimed electric Porsche model has recently received a new problem seems to be struggling. Porsche, software sourced who are likely to experience engine problems due to problems 43 thousand units is recalling Taycan. Here are the details:
The engine suddenly shuts down due to a software problem
Porsche, by June all Taycan models manufactured and delivered recalled. Working as a manager in the company Klaus Rechberger, to members of the press, about the problem on 130 vehicles is seen and any by accident explained that he did not give a reason.
It is stated that this problem is caused by a flaw in the software. According to the information, this defect is a battery-powered the engine turns itself off suddenly is causing it. Of course, it is not difficult to think that this will cause problems in daily life. In addition, Porsche acknowledges that the flaw in the software remote via an update to be shared cannot be resolved stated. This is in repair centers located near people who own the Taycan model. about 1 hour means it will have to pass.
What are your thoughts on Porsche’s Taycan models? Do you think that electric vehicles will soon replace vehicles that run on fuels such as gasoline? You can share your opinions about Taycan and electric cars in general in the comments section.


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The Tragically Hip continue their vinyl re-issue kick, announcing that they are releasing three albums on vinyl for the first time. The band is releasing Music @ Work, Phantom Power and In Violet Light on vinyl for the first time ever. The albums will be available on July 14th.
Earlier this year, The Hip re-issued albums from their early years, including their 1987 self-titled debut EP to 1996’s Trouble at the Henhouse.
You can pre-order the trio here.


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Chester MP Chris Matheson encouraged coffee lovers in the city to buy their favourite beverage at a new charity shop rather than from the likes of Starbucks, who ‘don’t pay their taxes’.
Cutting the ribbon to open the new SHARE shop on Northgate Street, Mr Matheson’s comment was met with huge applause before the large assembled crowd then did exactly that.
Many also took the opportunity to purchase a ‘suspended coffee’ as a gift for a homeless person.
The idea, which is based on trust and goodwill, enables customers to purchase a coffee for themselves and one other - the coffee is then put on a tab and a homeless person can come and claim it later.
The Flint-based charity SHARE has officially opened its revolutionary new shop at the site of the former Antonina’s ice cream parlour.
The shop, which is run by the charity’s founders and volunteers, offers original and ambitious new schemes to help aid homeless people in Chester and refugees in Syria.
With town crier David Mitchell in attendance and Dee 106.3’s Chester the cat, the shop’s opening attracted a large crowd as the ribbon was cut.
Charity founder Louise Edwards thanked the public and the volunteers who made the shop’s opening possible.
The shop will offer coffee, cakes and clothing to the public as well as taking donations of clothes which it will donate to homeless and financially struggling individuals in Chester.
SHARE will also transport donations to Flint where the items can be shipped off to aid starving refugees.
The ultimate plan for the charity is to use the proceeds from the shop to purchase a derelict house in Chester which it will renovate and open up to homeless people, getting them off the streets.
Louise said: “We at SHARE have been overwhelmed by the support we’ve had from our local community. SHARE has only been in existence for three months, yet what has been achieved in that short space of time is nothing short of incredible!’
Another of the SHARE’s founders, Adam Dandy, called the shop’s opening ‘unbelievable’.
He said: “There is so much generosity to go round.
“Some people are passionate about the refugees, some more about the homeless, but there is more than enough generosity to go round.’
“I’ve been here two weeks solid getting the shop ready.”
The charity is looking for volunteers to help out with a 24-hour ‘packathon’ at their Flint warehouse on Friday, January 22 from noon. If you would like to get involved, visit www.shareaid.co.uk


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Jul 01, 2020 | By Clare Varga
Oct 31, 2019
By Carla Buzasi
We’ve grown used to the headlines, good and bad, about the impact of AI on our future existence: the jobs that will be lost as AI automates our careers, the lives that will be saved as AI speeds up medical diagnosis and treatment. Some forward-thinking individuals are brainstorming even more creative ways to use AI to impact the world for the better. Step forward Geena Davis and the GD-IQ: Spellcheck for Bias (Geena Davis Inclusion Quotient). What that rather long mouthful of a title means in reality is a tool for Hollywood studios to track the gender bias, or indeed any bias, of scripts they’re creating for our screens, big and small.
While the diet of Disney’s damsels in distress that I grew up on – I’m recalling afternoons glued to Cinderella and Sleeping Beauty – certainly didn’t make me any less of a feminist, that it’s Disney who has signed up as pilot partner should be applauded. The move comes as part of the company’s pledge to improve diversity in its creations, and the gradual move away from little mermaids who’ll give up their voice for a man, towards epic adventurers like Elsa and Anna (that the sisters go on an adventure is, I’m afraid, as much as I can garner from the Frozen 2 trailer).
But this isn’t just about gender bias, it’s also about the inclusion and treatment of characters from every walk of life, every background, every sexuality and every ethnicity – or as one news outlet put it “groups typically underrepresented and failed by Hollywood storytelling”.
I’m interested in this story for two reasons. One that Geena is viewing what we see on our screens as a way of driving change in the wider world. She brilliantly explains it thus: “Here’s my theory of change. There’s one category of gross gender inequality where the underrepresentation of women can be fixed absolutely overnight – and it’s onscreen… We can make this change happen very fast. In the time it takes to create a new show or a new film, we can present a whole new vision of the future. Yes, there are woefully few female CEOs in the world, but half of them can be female onscreen immediately.”
But the news also caught my attention because it’s a creative use of modern technology to solve an age-old problem.
On a totally different topic, but in the vein of creative solutions to worldwide problems, last week I attended a Wellness Summit at the Pullman Hotel in London where, among an array of interesting speakers, Dr David Rabin stood out for his work on PTSD, anxiety and depression. His solution? A new wearable dubbed Apollo. Not yet on the market, but arriving imminently, this device – which looks much like your regular wristwatch-style wearable – is designed not to track different body functions, but to actively work on our heart rate variability (HRV) and help tune the body out of a stressed state and balance the nervous system.
I knew nothing of HRV before the talk, but it’s a hugely important indicator of how an individual copes with chronic stress, and while Dr Rabin also has a lot to say about psychedelics and their use in tackling mental health illness, Apollo might well be the more acceptable route to treatment. If that’s piqued your interest, you can learn more here.
We love a good collaboration at WGSN, and the National Geographic Collection x Tisserand hook-up is a great meeting of minds. The products use ethically harvested oils designed to celebrate the natural world, while providing a wellbeing boost.
In Tel Aviv to celebrate my birthday, we bedded down at the achingly cool Vera Hotel. ‘Boutique’ in the proper way, it ticked all the hipster boxes, including green juice at check-in and a help-yourself fridge of Israeli wines.
Know what’s next. Become a WGSN member today to benefit from our daily trend intelligence, retail analytics, consumer insights and bespoke consultancy services.


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Coca-Cola is thinking about adding a cannabis infused product to its line, as a ‘functional wellness beverage.’
The assignment focused on teaching students about “power and privilege" in America and also discussed both gender-neutral pronouns and sexuality.
Michael Moore, of all people, had to take the microphone away from David Hogg after he began to propose committing felonies.
The comments, which were made off the record, angered Canada's negotiation team.
His mother is worried that the sentence will be too long and that her son may kill himself.
The U.S.-Mexico Trade Agreement is about to send a flood of billions northward across the border, this time it will be dollar bills doing the crossing. President Trump isn’t fussy, we’ll take pesos too. It’s nice to have a president who gets foreign countries to send Uncle Sam pallets of cash for a change!
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Outpouring of love and nostalgia stop Microsoft from killing MS Paint
They decided to kill it off at the ripe old age of 32. However, the love and support on social media, helped revive it. Requests to Microsoft to save Paint were heeded, and the tech giant announced that anybody could download the program in the form of a free app from Windows Store.
Last week, reports of Microsoft’s intention to kill Paint surfaced. The program found its way to the list of “deprecated” applications. This means that the programmers will no longer work on updating it, pointing to the fact that it may not be a part of Windows 10 Creators Update. It was also reported that the popular program will be replaced by a 3D version under Microsoft’s 3D for everyone initiative.
Paint has been a part of every version of Windows since 1985. As soon as the word got out, social media was full of nostalgic posts about the program. Many expressed grief and anguish over the discontinuation of the graphic editing program that has been a part of their childhood.
Microsoft took note, too! And, the general manager of 3D at the company Megan Saunders put up a post on Microsoft’s official blog, the headline of which was enough for Paint fans to rejoice. It declared that the company is only shifting the base of MS Paint which will still be a free app available on Windows Store instead of being a default part of their flagship operating system.
” If there’s anything we learned, it’s that after 32 years, MS Paint has a lot of fans. It’s been amazing to see so much love for our trusty old app,” she wrote in the post. She also took the chance to put in a word about Paint 3D, saying it would retain many familiar and loved characteristics of Paint.


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Britain fights the US over MIPS
British Imagination Technologies' plan to offer $60 million for the operating business of MIPS Technologies faces competition.
MIPS has received a higher bid from a rival firm, mobile chip designer CEVA, which has made a $75 million bid.
MIPS said that it is now talking to CEVA because, at the moment, it is offering a better deal.
Imagination has not given up yet, although it says that it is monitoring the situation and will provide a further update in due course. Imagination announced its intention to buy MIPS earlier in November, which would mean that it would have something to help it take on fellow British company ARM.
MIPS technology is in Blu-ray players, digital televisions and video games consoles such as thePlayStation 2.
However, it is in the long term that MIPS will prove more valuable. The technology is under the bonnet of the home grown range of chips being made by the Chinese government. These are nearly at the point of matching Intel chips on the desktop and the smart money says they will take over China in the long term. When that happens, MIPS will be incredibly valuable.
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PINE BLUFF, Ark. (AP) - A California-based company plans to establish a gluten-free rice flour plant in Arkansas.
The Pine Bluff Commercial reports that Western Foods officials announced Wednesday that the company plans to move into a vacant building in the Jefferson Industrial Park in Pine Bluffs.
The Economic Development Corp. of Jefferson County has approved a more than $280,000 incentive package for the company.
Western Foods CFO Shan Staka says the company plans to improve the infrastructure in the building before installing equipment. He says he expects the company to begin shipping product from the facility next year.
Tom Andringa is the company's vice president of sales and business development. He says the facility will be the company's second mill in the city.
Information from: Pine Bluff Commercial, http://www.pbcommercial.com


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Posted on Wednesday October 13, 2021 | 02:10
Updated 8 minutes ago
LONDON (AP) – Britain’s economic recovery lost momentum over the summer despite the widespread lifting of coronavirus restrictions as supply chain problems took their toll, official figures showed on Wednesday.
While the Office of National Statistics said the economy saw modest growth in August, with bars, restaurants and festivals enjoying England’s first full month without coronavirus restrictions, the increase of 0.4 % was slightly lower than expected.
The agency also downgraded July’s figure from 0.1% growth to down 0.1% on weaker data from a number of industries, underscoring the choppy nature of the recovery. economic.
Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said weakness “is seeping” into the numbers, particularly in the construction sector, which has now recorded four straight months of negative growth.
The UK economy remains 0.8% below its level before the coronavirus pandemic of February 2020.
The International Monetary Fund forecast on Tuesday that the UK will grow 6.8% this year, more than any other industrialized country in the Group of Seven, and 5% next year. However, the UK economy experienced the worst recession of the seven in 2020, contracting 9.8% of its output.
With inflation expected to reach at least 4% in the coming months against a backdrop of rising energy bills, low productivity levels, rising taxes and an uncertain COVID backdrop as the season approaches. winter, there are fears that the economy will underperform in the coming months.
Widespread shortages are also being reported across Britain, most clearly in the long lines seen at gas stations in recent weeks and empty supermarket shelves.
The causes of the shortages are widespread, in part linked to the adjustment of global supply chains in the wake of the pandemic disruption. However, Britain is currently facing particularly acute problems as the number of truck drivers is down from usual. The causes are widespread, but it is clear that the combination of Brexit and the pandemic has prompted many workers in the European Union to leave the UK and return home.
The disruption is clearly visible in the Port of Felixstowe in eastern England, the UK’s largest commercial port. A congestion in containers and at the port has been blamed on a shortage of drivers and prompted the Maersk shipping company to hijack some of its larger ships.
The backlog at Felixstowe, which handles 36% of UK freight container volumes, will add to concerns about the key Christmas season.
Peter Wilson, managing director of the Cory Brothers shipping agency, said the UK had a “significant nip point” around truck drivers and the demand for them to carry cargo from ports.
“This is a really big issue for us here in the UK,” he told BBC radio.
When asked if this would affect Christmas, he said he had the ‘potential’ but stressed the supply chain ‘will not fail in the UK’
However, he said some items may not be available as Christmas approaches, including toys and food.


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Just like double denim, it seems some trends never really die. After flaming out in spectacular fashion last year, the meme stock frenzy of 2021 has made a return.
In recent weeks the share price of troubled retailers Bed Bath & Beyond and GameStop and the cinema chain AMC Entertainment have once again soared.
This may sound all too familiar. Last year all three companies were at the center of a meme-fuelled “revolution” in investing as Gen Z and millennial investors piled into the stocks having apparently spotted something Wall Street had missed. GameStop shares rose from $3.25 in April 2020 to $347.50 in late January 2021 – a rise of 10,692%.
Many small investors then felt like they had hedge funds and big institutional investors on the run. Indeed, the frenzy came close to bankrupting a number of hedge funds. It didn’t last. By February the meme stock craze was unraveling and older heads were smugly smiling again.
Now the tide has turned again. Between late July and early last week, shares of Bed Bath & Beyond, a home goods store that has decidedly seen better days, had more than doubled. Movie-theatre operator AMC Entertainment saw a similar bounce, while GameStop – the struggling US computer games retail company and perhaps the most baffling of that era’s stock darlings – bumped up close to 25%.
None of the three are considered winning bets in any conventional sense, and the rise in Bed Bath & Beyond came days before its stock was downgraded by the ratings agency Baird. “This frenzied move has been driven by non-fundamentally focused market participants,” Baird analyst Justin Kleber wrote in a note to clients.
This time, the battle may not be between younger day-traders flush with government stimulus checks and informed by online forums like Reddit’s WallStreetBets. Although social media chatter surrounding the stocks has increased, dueling hedge funds are also playing a part.
“Non-fundamentally focused market participants” is an apt way to describe traders at the height of the pandemic meme-stock frenzy. That time around the Reddit board was filled with memes about traders with “diamond hands” – unafraid to take bets against conventional wisdom.
This time too there are parts of Reddit’s investment community that are all in on the rally. Last week a user under the name of TheDude0007 explained on WallStreetBets that “this run is just beginning” and name-checked Ryan Cohen, founder of e-commerce company Chewy and chair of GameStop.
Cohen, known as a “meme-lord” for his influence over investors, was one of GameStop’s original boosters before taking on its chair. His meme-filled posts are scrutinized by his fans – even when they are almost impossible to decipher. In February last year, he tweeted a picture of a McDonald’s ice-cream cone alongside a frog emoji, sending traders on a search to decode its meaning. GameStop’s stock finished the trading day up 104%.
But according to an analysis by Bloomberg, the meme-stock return is evidence that they have unusually explosive properties. So many investors have bet that the shares in all these companies are worth zero, argues Jared Dillian, editor and publisher of the Daily Dirtnap. But the fact is that – as with any asset – they are worth what people will pay for them. As a result, stock prices of troubled companies can explode upwards at any moment if investors will pay more. “On Wall Street they call trying to profit despite this as ‘picking up nickels in front a steamroller’,” he writes.
According to Ihor Dusaniwsky, managing director at S3 Partners, the movement of the meme stocks is not coming from the Reddit board traders but from larger retail investors and the meme-traders are in a sense along for the ride.
“There isn’t a fundamental reason for a lot of these price moves,” Dusaniwsky told the Guardian. “A lot of it is fomo [fear of missing out] on the rally.”
One clue that this rally is different comes from the last is Robinhood. Once the favorite trading platform of meme traders, Robinhood is in trouble. As stock markets fell and Covid stimulus cash dried up, so did Robinhood’s business. Its number of active users has dropped from 22 million to 14 million, and its stock trades at around $10 after cresting at close to $60 a year ago after it went public.
Last week, Robinhood announced it would lay off 23% of its staff after it posted a 44% decline in revenues. CEO Vladimir Tenev said in a blogpost that the company had been hit by “deterioration of the macro environment, with inflation at 40-year highs accompanied by a broad crypto market crash”.
This time the meme-stock trading is spread across larger trading platforms, including Charles Schwab and E*Trade. That said, Robinhood – and Reddit – still offer clues to why these fundamentally troubled companies are hot again, Dusaniwsky said. “With Robinhood you get an idea of what that cohort of traders are doing and that’s a good proxy for the rest of the market,” said Dusaniwsky.
“It’s really the same type of people – the same mentality. These guys are momentum traders, they’re not looking at the underlying fundamentals. They’re looking at riding the tide in and out, and it’s worked because the market is trending. The problem comes when the market doesn’t trend, and you get taken out to sea.”


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DETROIT (AP) — Toyota prospects quickly received’t be capable to get U.S. federal tax credit for getting electrical or hybrid automobiles.
The automaker expects that someday earlier than the top of June it is going to attain a 200,000-vehicle cap on the credit, Bob Carter, Toyota’s head of North American gross sales, mentioned Wednesday. After that, the credit will likely be phased out over the following yr, reaching zero, as Tesla and General Motors have already got.
The lack of credit is problematic for automakers shifting from petroleum-powered automobiles to batteries within the effort to scale back emissions, meet authorities fuel-economy requirements and battle local weather change. Nissan is about 30,000 automobiles away from reaching the cap, and others will observe as extra EVs are launched.
Tesla, the highest vendor of electrical automobiles on the earth, and GM already are at a value drawback to different automakers with out the credit, and Toyota quickly will likely be. Additional EV tax credit are within the Build Back Better spending invoice backed by President Joe Biden, which is stalled in Congress.
Toyota reached the cap largely by promoting plug-in gas-electric hybrid automobiles. The firm’s plug-in RAV4 Prime small SUV with 42 miles of electrical vary earns the customer a $7,500 credit score, the biggest obtainable. The Prius Prime plug-in, with 25 miles of electrical vary, will get $4,500. Toyota beforehand had provided a completely electrical RAV4, nevertheless it didn’t promote nicely and was canceled. It’s rolling out a completely electrical mannequin known as the bZ4X with 250 miles per cost, this summer season.
The Build Back Better invoice would give EV consumers a $7,500 tax credit score by means of 2026 to cost up gross sales. But the next yr, solely electrical automobiles made within the U.S. would qualify for the credit score. And the bottom credit score rises by $4,500 if the automobile is made at a U.S. plant that runs below a union-negotiated collective bargaining settlement. Only GM, Ford and Stellantis automobiles would qualify.
Carter, on a convention name with reporters, mentioned Toyota lobbied towards the extra credit score just for union vegetation, calling it unfair to nonunion employees. “It just needs to be a level playing field,” Carter mentioned. “We are not anti-EV credits.”
Democrats backing the credit for EVs made by the United Auto Workers say supporting union jobs is sweet for the economic system and communities as a result of unions helped to construct the center class.
GM CEO Mary Barra has mentioned automakers that provided electrical automobiles early shouldn’t be positioned at an obstacle.
Restoring the credit is “a question that congress really needs to resolve,” Carter mentioned.
Toyota plans to supply 30 absolutely electrical automobiles from its Lexus and Toyota manufacturers by 2030.


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Introducing the BMind Smart Mirror by baracoda: A Game-Changer in Mental Wellness Technology
The unveiling of the BMind Smart Mirror by Baracoda at CES 2024 has marked a pivotal moment in the realm of mental wellness technology. This groundbreaking innovation represents a significant leap forward in the quest to improve mental health without the intrusion of a smartphone application. It comes as no surprise that the BMind Smart Mirror was honored with the prestigious 2024 CES Innovation Award, solidifying its status as a trailblazing product in the industry.
Revolutionizing Mental wellness
The BMind Smart Mirror stands as a beacon of hope for individuals seeking to enhance their mental wellbeing. Through the ingenious use of generative AI and natural language processing, this cutting-edge device has the capability to discern the user’s emotional state, subsequently offering tailored exercises to alleviate stress and promote overall mental wellness. Its intuitive approach seeks to identify the individual’s needs by analyzing vocal cues, posture, and other observable factors, thereby fostering a personalized experience focused on improving mood and reducing stress.
Amidst its array of sophisticated functionalities, the BMind Smart Mirror seamlessly integrates with users’ daily routines, adorning standard bathrooms with a touch of modern innovation. Notably, it operates independently, negating the need for a companion smartphone application—a testament to its autonomy and user-friendly design. Bringing privacy to the forefront, BMind prioritizes the protection of user data by storing information locally, ensuring that confidentiality is upheld with the utmost integrity.
baracoda‘s Vision for Wellness
Thomas Serval, the CEO of baracoda, articulated the company’s commitment to enhancing the quality of millions of lives through technology that adeptly monitors subtle changes in health. Emphasizing the profound impact of mental state on physical well-being, Serval underscored the importance of incorporating mood assessments into daily wellness check-ins, heralding a monumental stride in the realm of preventative health.
Serval expressed his belief that technology geared towards promoting mental wellness holds the potential of effecting positive transformation in countless lives.
Comprehensive Product Lineup
Beyond the BMind Smart Mirror, Baracoda unveiled the BBlance smart mat scale and the BHeart health tracker at CES 2024, showcasing the company’s overarching commitment to advancing smart home technology. The synergy between these innovative products signals Baracoda’s ambitious plans for the forthcoming year, indicative of its dedication to revolutionizing the way individuals approach their health and well-being.
Price and Availability
The BMind Smart Mirror, poised to retail at $500, is slated for release in the final quarter of 2024, presenting an affordable and accessible solution for individuals seeking to prioritize their mental wellness. As anticipation for the product grows, prospective users can look forward to gaining deeper insights into the many remarkable features of this one-of-a-kind innovation.
As the year progresses, baracoda‘s array of groundbreaking products promises to have a profound impact on the way individuals interact with and take control of their health. The BMind Smart Mirror is unequivocally a harbinger of a new era in mental wellness technology, setting a high benchmark for innovation, accessibility, and user-centric design. With its seamless integration into daily routines and unwavering dedication to privacy and user autonomy, the BMind Smart Mirror is destined to make a lasting impression on the world of smart home technology.


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Cherian Thomas, co-founder and former CEO of Octopus and current head of marketing for T-Mobile Advertising Solutions, believes the company now supports the largest network of in-car entertainment screens in the country, all of which are powered by the mobile cell provider’s network. And it aims to grow larger in 2023, with plans to expand into specific European markets mid next year.
Today, the service generates more than 250 million 30-second video impressions monthly. Thomas expects close to 400 million by the end of the year. “It feels like a rocket ship over here,” he said.
Since T-Mobile acquired Octopus, the company has expanded its advertising and analytics group. It reaches more than 10 million riders per month through the rideshare advertising business, doubling growth in less than six months.
“Unique to us is the mobility data we own,” he said, but the company today does not use it for its program with rideshare businesses to target ads. It could in time.
The T-Mobile ad group relies on anonymized, privacy safe broadband data that monitors signals coming from devices.
T-Mobile works directly with ride-share companies Lyft and Uber drivers. Each get a free tablet for their car, mount, cable, accessories and chargers.
The company works with big brands and agencies, like Audible, Fox Entertainment, Jack in the Box, Philo, Team One, and many more. It now drives network has more than 22,000 active drivers and is on pace to reach more than 30,000 by the end of the year.
“Carl’s Jr. was coming out with a new menu and wanted it to have a Jurassic Park theme because of the movie,” he said. “They changed all their burgers to the name of a dinosaur.”
Riders could select the type of dinosaur burger they would like to try. They would touch the screen, which would reveal more information about the burger. It’s part of the branded games offering seen on the screens.
In July alone, T-Mobile Advertising Solutions shipped more than 5,000 devices and screen to Uber and Lyft drivers throughout the country. The ads, surveys and other entertainment are sold on a CMP basis.
Thomas said triggers that target ads include time of day, weather, and location. It’s about using data that T-Mobile owns.
“Uber and Lyft have revolutionized how we get from A to B, but they haven’t innovated on that rider experience,” he said. “In 2009, you tapped on a button to get from A to B, but that hasn’t changed.”
With T-Mobile, Thomas said the company can start bringing in video conferencing, gaming where the phone is the controller. The company also believes it can design services with companies like Netflix that would let riders start watching a video at home, for example, and pick it up in the ride share car where they left off.
“We have about 3.3% churn,” he said. “Month over month, we add about 5,000 or more drivers. If drivers stop the program, they’re just not driving anymore.”


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Back to Archived News
Thomson Reuters Study Charts Surge in Middle Eastern Trademarks
Wednesday, December 12, 2012
Thomson CompuMark, a Thomson Reuters Intellectual Property & Science business and global leader in trademark searching and brand protection solutions, today released the results of its study of Middle Eastern trademarks. The findings, which are featured in the Thomson Reuters report, “Trademarks in the Middle East: A New Frontier for Brand Expansion,” detail the rise of the Middle East as an emerging hotbed for trademark growth, as both domestic and U.S. companies have begun to work diligently to protect their brands in the region.
Following are among the key findings in the report:
- The Emerging Consumer Market: In 2011, Saudi Arabia, Egypt, Israel, Jordan, and the United Arab Emirates were the top fivetrademark-publishing countries, driven by a largely consumer marketplace. While Israel has published the most trademarks in the region since 1990, Saudi Arabia led the pack with nearly 25,000 trademarks in the past year. Overall, the spike reflects a 600 percent increase over the last 22 years.
- Pharma on the Frontlines: Of the top 10 trademark filers in the region for 2011, half were pharmaceutical/health care companies. They included Johnson & Johnson (1), Sanofi (2), GlaxoSmithKline (3), Merck (5), and Novartis (6).
- Expensive IP: With no centralized patent office, brands looking to secure trademark protection across the Middle East must do so on a country-by-country basis. The fees for filing trademarks are substantial and at times can be more than triple the cost in the United States.
“Our analysis reveals the Middle East is an opportunistic region for any multinational firm seeking to expand globally,” said Jeroen Lallemand, product marketing director, Thomson Reuters IP Solutions. “While there isn’t a one size fits all trademark strategy for the politically and culturally diverse region, with the right knowledge, investment of time, and resources, brand owners are in the best position in years to grow a strong consumer base.”
The data in this report was compiled using SAEGIS on SERION® from Thomson CompuMark to identify trends in trademark applications, registrations, objections, and claims between 1990 and 2011. Referred to as “One World. One Source,” SAEGIS on SERION, an online trademark screening solution, centralizes the largest comprehensive collection of screening databases available anywhere, including the Middle East.
To view the full Trademarks in the Middle East report, visit: http://trademarks.thomsonreuters.com/resources/special-report-middle-east
ABOUT THOMSON COMPUMARK
Thomson CompuMark develops and delivers intelligent trademark information and trademark research services. We provide trademark and brand professionals the information needed to protect the value of brands while reducing the time, costs, complexity and risks of managing trademark portfolios. Thomson CompuMark is part of Thomson Reuters and employs more than 600 people worldwide, with operational and sales offices in Belgium, Canada, France, Italy, Japan, Sweden, the United Kingdom and the United States. For more information, go to http://compumark.thomson.com.
ABOUT THOMSON REUTERS
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.
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A ‘study' involving over 100,000 participants has found that users of old versions of Internet Explorer are likely to have lower IQs than users of other browsers like Firefox and Chrome.
Understandably, the blogosphere has reacted strongly to the study, published by psychometric testing firm AptiQuant.
AptiQuant says it offered an IQ test on its website and found that of over 100,000 respondents the worst performers were the ones who reported using Internet Explorer 6, followed by Internet Explorer 7, 9 and 8 in that order.
The best performers were users of Opera.
The study's conclusion reads, "It is common knowledge that Internet Explorer versions 6.0 to 8.0 are highly incompatible with modern web standards,” leading some to suggest the researchers may be more than a little biased.
"Now that we have a statistical pattern on the continuous usage of incompatible browsers, better steps can be taken to eradicate this nuisance,” the study concludes.
Update: The study mentioned in this report has been revealed as an elaborate hoax. The BBC found that the website of the study's publishers, supposed psychometric testing firm AptiQuant, had only been online for one month, and the company's staff photos were stolen from a French testing firm. The French, as usual, failed to see the funny side.


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NEW YORK (AP) - There's a saying that you can't please all of the people all of the time. But apparently you can if they're holiday shoppers.
A survey released by the National Retail Federation on Sunday is showing that U.S. shoppers hit stores and websites at record numbers over the Thanksgiving weekend.
They were attracted by stores' efforts to make shopping easier for everyone, including opening on Thanksgiving Day and expanding shipping and layaway options.
A record 247 million shoppers visited stores and websites over the four-day weekend starting Thanksgiving, according to the survey.
That's up 9.2 percent from a year ago. Americans spent more too: The average holiday shopper spent $423 over the entire weekend, up from $398.
Total spending over the four-day weekend totaled $59.1 billion, up $52.4 billion in 2011.
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What are the four major trends shaping retail today?
Chip Bergh, President and CEO of Levi Strauss, has turned the spotlight on four major trends shaping today’s retail landscape.
In a keynote interview at the World Retail Congress in Rome, he warned companies must prioritise sustainability, embrace digital technology or die, fix supply chain weaknesses and face into the challenges posed by rising cost pressures and inflation.
Mr Bergh, who has led the remarkable turnaround in Levi’s fortunes over the past decade, also admitted that “deprioritising” diversity and inclusion in the early days was his biggest mistake and regret of his time with the company. But he now insisted it was embedded in the company’s culture.
His comments came in a wide-ranging interview with Susan Hart, Co-Leader, Global Retail Practice at the executive search firm Spencer Stuart, who work with Boards and CEO’s on leadership and helped Levi’s hire Mr Bergh after a 28-year career at Procter & Gamble.
Mr Bergh, voted one of Fortune Magazine’s top 20 global leaders, told her that three of the four major trends had been accelerated by the pandemic whilst the most recent – rising costs and inflation – was going to have a big impact on the industry.
“There are probably four major trends right now that have been coming together over the past couple of years. I would say the pandemic has probably accelerated a lot of these changes so that they are front and centre right now. They are sustainability, digitisation and eCommerce, supply chain resilience all have been driven largely by the impact of the pandemic. Then the fourth big one that everyone is starting to recognise is the importance of cost pressures and inflation.”
On sustainability, he said: “It is no secret that the apparel industry is a bad guy when it comes to planet earth. A lot of our products end up in landfill and that’s not good. We also use a lot of chemicals, we use a lot of water, all of these are putting stress on the planet.”
He said that the 169-year-old business, which trades in 110 countries worldwide, was working flat out to reduce its environmental footprint, using fibres such as hemp, that are more sustainable, and looking for ways to reduce water usage.
“Sustainability has been a strategic issue for us. We weave it into everything we do. We drive our innovation programme around sustainability.
“Sustainability used to be pretty niche from a consumer standpoint and very Europe-centric. Now it’s truly global and cuts across generations. The young consumer in particular is really focused on this. If you ask a teenager today, they will very likely say climate change is top of mind in terms of their concerns.”
On digital technology, he warned that companies that failed to adopt it would simply die. Digital was more than simply eCommerce and had the power to alter everything from product design to supply chains “dramatically simplifying” how business is done.
“With the pandemic everybody’s stores shut down and everybody did the hard pivot to eCommerce but when I say the rapid move to digitisation it’s more than eCommerce and building out those digital capabilities for the consumer. There’s so much of our business that can be digitised everything from how we design product to how we manage getting product to store. All of that can be digitised and take out time and touches, dramatically simplifying the business which is done.
He said: “If you are not a tech company today, you are going to be dead in 10 years’ time. We are an apparel company but we are quickly becoming a tech company.”
On supply chains, he said he believed “globalisation is dead” and companies would increasingly look to produce goods closer to the markets in which they traded. This was better for the environment but also made good commercial sense.
He said: “Our industry has traditionally chased the lowest-cost manufacturing base around the world but this is coming to an end. The name of the game today is supply chain resilience and agility. When you are losing sales because a ship is stuck outside a port and can’t unload and you are leaving money on the table because consumers can’t buy your products, that is a big issue.
“We’re going to see more manufacturing shifting closer to market because of the importance of that agility and responsiveness and having confidence that the product is going to be on the shelf in-store when you need it to be.”
On rising cost pressures and inflation, he said some of this was being driven by the pandemic, some of it by supply chain bottlenecks and some by shortages of labour in some parts of the world.
“There is no question that we are seeing our costs going up, everybody is, and that is going to have an impact on our business,” he said.
Turning to diversity, equity and inclusion, he acknowledged that the “brutal truth” was that huge inequalities remained, particularly in the US.
He also admitted regretting not having moved sooner and faster to foster the diverse and inclusive culture that Levi advocates today.
“When I joined the company 10 years ago, the house was on fire,” he said. “The company had nearly gone bankrupt a couple of years earlier. The brand was stagnating, we weren’t growing, profits were pretty terrible. It was a business turnaround and when we were developing the strategy, the idea of focusing on diversity and inclusion came up but I deprioritised it.
“Looking back, it was one of the biggest mistakes I made in my 10 years here as, in my heart and soul, I believe that a diverse organisation will outperform a homogenous one every time.”


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McLaren just hit a significant milestone. The creator of wildly exotic super machines has just built its 10,000th car. For a low-volume manufacturer that has officially been in business for just over five years, that’s a very big number and an impressive achievement. Car number 10,000 is a 570S finished in Ceramic Gray, and it’s going to stick around Woking as a new member of the automaker’s Heritage Collection.
BMW is currently leading the way when it comes to in-car technology with its Gesture Control system that debuted on the 2016 7-Series. The system allows you to make basic commands by simply waving a finger.
Less than a week after the signing of the SAVE Act legislation in Michigan, the most lenient yet when it comes to self-driving cars, General Motors Company [NYSE:GM] has announced that it will start testing Chevrolet Bolt EV-based self-driving prototypes in the state.
Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013


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After the loud announcement by billionaire Mark Cuban that DOGE faces the fate of the most popular digital currency for payments, Puerto Rican IT company BOTS Inc. announced that Dogecoin will now be able to buy used Tesla electric vehicles through local car dealers. Cryptoglobe reports.
Cuban also owns the professional basketball team, the Dallas Mavericks. On March 4, cryptocurrency payment processor BitPay announced in its fresh release that the team would start accepting payments in DOGE, and on August 12, the billionaire announced that Dallas Mavericks would soon hold a team sale of goods and those fans who paid for purchases with meme crypts will receive discount.
As for the sale of electric cars, BOTS Inc. pledged to help dealerships in Puerto Rico accept DOGE as payment for "used" electric cars because they "agree with Elon Musk and Mark Cuban" about the prospect of the coin specifically as a means of payment.
DOGE really continues to be one of the most stable cryptocurrencies, and given its market capitalization (currently about $42 billion), its authority allows it to be introduced into literally any exchange processes today.
Following the successful launch of Spider-Man's NFT last week, Marvel Studios decided not to torment their fan base and announced the release of non-fungible tokens dedicated to one of the key characters in the Marvel Cinematic Universe — Captain America. Coinquora reports.
Studio Tokens are 3D digital statues of characters that owners can display in their personal virtual showroom.
The new NFT collection is titled "Marvel Mightys — Season 1 — Captain America" and includes a set with figures of Steve Rogers (in fact, Captain America himself) and four other characters. The Marvel Mightys will also feature tales of the heroes' lives in adolescence, which will be a story addition to the comic book universe.
Marvel made its NFT debut through a partnership with Orbis, which brought its VeVe Digital Collectibles augmented add reality app to the market. It is reported that the collaboration is planned to release a collectible series of all the key characters in Marvel Studios.
The South Korean digital platforms Korbit, Bithumb, Upbit and Coinone, as well as all medium and small-scale exchanges, have not passed the state "consulting" audit as part of the tightening of the regulation of crypto assets. Cryptonews reports.
In June, the country's Financial Services Regulatory Commission (FSC) teamed up with a number of government ministries and state-owned IT companies to conduct a "full investigation of corporate accounts" and create protocols for managing investor deposits to protect them.
FSC has also recruited police officers and a number of private sector external contractors, including security experts and networking specialists.
A month later, an audit revealed that a number of exchanges were carrying out fake or fraudulent banking transactions, and this information was passed on to the country's prosecutor's office.
Until the announcement of the results, investors and traders believed that illegal financial manipulations took place only on small crypto exchanges. But it turned out that out of 33 trading platforms, only 25 received an information security management system accreditation, while anti-money laundering protocols did not work on most exchanges.
If the managers of crypto-exchanges are not able to establish their work in accordance with the requirements of the new regulatory standards by September 24, the activities of the sites will be considered illegal and traders may lose access to their assets.


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The world’s largest investment management firm, Fidelity Investments, has submitted trademark applications in the United States for a variety of Web3 goods and services. These applications cover a marketplace for nonfungible tokens (NFTs), as well as financial investment and cryptocurrency trading services in the metaverse. This information comes from three trademark applications that were filed with the United States Patent and Trademark Office (USPTO) on December 21. These applications were highlighted in a tweet that was sent out by licenced trademark attorney Mike Kondoudis on December 27.
According to the filings, Fidelity intends to launch a variety of products and services in the metaverse, including mutual funds, retirement funds, financial planning, securities brokerage services, financial analysis, investment services, insurance brokerage services, and real estate investment services.
Fidelity plans to develop e-wallet services for storing and processing virtual currency for electronic payments and transactions over a worldwide computer network; digital currency, virtual currency, cryptocurrency digital token, crypto token, and utility token trading services.
Electronic wallet services in the nature of electronic storage and processing of virtual currency for electronic payments and transactions via a global computer network; digital currency, virtual currency, cryptocurrency digital token.Part of the filing reads
In addition, Fidelity suggests it may provide “classes, workshops, seminars, and conferences in the area of investments and the field of marketing financial services” in the virtual world.
Fidelity has been quite vocal about cryptocurrencies recently. While the gloomy market may have discouraged the company from expanding into other digital assets, the introduction of an Ethereum index fund in October and the availability of retail crypto trading accounts in November both demonstrated its commitment to this goal.


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Its e- commerce sites outside of Japan rank below even number two in their markets. Its foray into China has faltered. Rakuten’s shares have almost tripled in the 12 years since its IPO, while Amazon’s have soared further, and they’re down 10% this year.
Yet staffers believe in the man they call Mickey. Rakuten’s roughly 10,000 employees faithfully tune into his ten-minute broadcasts at all-company meetings each Tuesday. He’s published two books in Japan extolling the business principles his employees are meant to embrace each day. They include constant improvement, customer satisfaction and “Speed!! Speed!! Speed!!”
Rakuten doesn’t hire cleaning people; staffers tidy up the Tokyo headquarters in order to, says Mickey, “bring us back to basics.” Rakuten’s growth and iconoclastic ways have earned it the seventh spot on FORBES’ World’s Most Innovative Companies list this year.
The company doesn’t give sales or earnings forecasts, but research firm RetailNet Group in Massachusetts expects Rakuten’s gross merchandise sales to grow from $18 billion this year to $27 billion through 2016, maintaining a 12.2% annual growth rate and Rakuten’s place as the world’s third-largest e-commerce player behind Amazon and China’s Taobao.
Much of that growth will come from Mikitani’s shopping sprees. Over the last two years he has Hoovered up a string of foreign firms, dropping $250 million on America’s Buy.com, $38 million on Britain’s Play.com and $315 million on Canadian e-reader Kobo.
The investment in Pinterest, a social network with 20 million users pushing traffic all over the Web, is a strategic partnership. Mikitani sees users of the site’s infinitely scrolling galleries eventually “pinning” images with a Rakuten ID, which is like an iTunes account number and already used by 80 million people in Japan. Rakuten has also put “pin it” badges all over its Japanese online mall.
The Pinterest deal reflects Mikitani’s different way of playing e-commerce to Amazon. Mikitani wants users to browse his sites because they enjoy it and let buying be an afterthought. He calls it “discovery shopping.” Unlike Amazon's focus on making customers happy, Rakuten wants to make merchants happy. Its 40,000 sellers hawk everything from chocolate to concert tickets and pay Rakuten $630 per month in average rent and a 3% commission on sales. It employs 500 e-commerce consultants who dispense free advice on marketing, operations and hiring.
Merchants can customize their storefronts and communicate directly with customers, who can thus feel like they’re dealing with real people. Going to Amazon or eBay, Mikitani feels, is more about the pursuit of something cheap and convenient. He doesn’t think his ambitions to topple Amazon are that outlandish. The Internet is a fluid place, and e-commerce is still in its early days despite being around for almost two decades. Only 18% of all businesses in OECD countries bother to sell online.
Focus Camera is one of the thousands of sellers on Rakuten’s Buy.com. Its online marketplace manager, Lior Ciobotaru, says working with Buy.com is a better experience overall than selling through Amazon, thanks to all the marketing support Rakuten provides, such as showcasing stores like his on its home page and providing e-mail tools that let him segment previous customers and send them special offers.
Unlike Amazon, Buy.com is “encouraging merchants to design their merchant store to their style and fashion,” says Ciobotaru. “And they’re actually redirecting website traffic to us. … Amazon tries to capture the sale regardless of who the merchant is.”
Yet Amazon remains Focus Camera’s biggest source of sales. Buy.com? “They are the second smallest money generator for us out of all the marketplaces,” says Ciobotaru, sounding a little disappointed. The reason is that Buy.com sees a fraction of Amazon’s traffic. Buy.com got 3 million unique visitors in July 2012, versus Amazon, which got between 75 million and 97 million, according to RetailNet Group.
Those kinds of stats make the ever-positive Mikitani seem out of touch. Yucel Yelken of marketing research firm yStats.com says it’s “risky” for Rakuten to focus on mature markets with its unusual business model. It should be targeting faster-growing emerging markets like eastern Europe: “Amazon clearly dominates these mature markets, and I cannot see why the consumers would switch their online purchasing habits."


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Federal government can do little for dissatisfied cruise passengers - Fort Worth Star
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Fort Worth Star TelegramFederal government can do little for dissatisfied cruise passengers
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In the past decade, the number of passengers on North American cruise lines has doubled, according to the Cruise Lines International Association, an industry group. But as cruise ship accidents continue to draw public attention, no one source offers ...
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Beyond Meat and McDonald’s break up – an analysis
Food in Canada StaffBusiness Operations Food Trends Specialty Foods Beyond Meat McDonald's vegan
“Beyond Meat is learning the hard way that its “better than beef” rhetoric makes the company a liability. And McDonald’s made that crystal-clear last week.” This is the opinion of Dr. Sylvain Charlebois, Professor and Senior Director at the AGRI-FOOD ANALYTICS LAB at Dalhousie University. He expands here:
Ditching Beyond Meat
One of the most bizarre food stories of the year, other than the panic buying we witnessed in the spring in the western world, is this quasi-divorce between McDonald’s and Beyond Meat. While McDonald’s recently announced its new McPlant products to be rolled out in 2021, Beyond Meat, who was working with the fast-food chain for a while, was not even mentioned in the release. Beyond Meat did insist that it is still working with McDonald’s, but few seem to know what Beyond Meat’s role is. It seems that McDonald’s broke up with Beyond Meat but forgot to tell the plant-based giant.
In September 2019, McDonald’s (Global) chose to run a pilot with its P.L.T. in Canada, in more than 40 restaurants in Southern Ontario. The P.L.T. stands for Plant, Lettuce, Tomatoes, co-designed with Beyond Meat. The pilot was extended to April 2020. Once the pilot ended, however, there was nothing. Not one announcement, no tweet, nothing. Not one drop of news – that is, until this past week. McDonald’s claimed that the plant-based burger received a positive response from Canadians, but when COVID-19 hit, one can only suspect the company got busy focusing on other things. Many even wondered whether the growing excitement around a plant-based diet would survive the pandemic. But now we know it has.
And that’s how McPlant was born. A questionable name, to be sure. Meanwhile, Beyond Meat is adamant in saying it is still working with McDonald’s on various projects. Chances are, Beyond Meat is out, and McDonald’s – unsurprisingly – is moving forward with its own agenda.
McDonald’s has a massive network of over 38,000 restaurants, much too big for Beyond Meat to supply. Few will be surprised to see McDonald’s integrate vertically to support a new line of products. McPlant will require supply chain alignment and changes in how outlets operate. For example, to do it right, regular patties cannot be cooked alongside McPlant patties. This is an unacceptable set up for vegans. McDonald’s will not make the same mistake as other chains have.
Most important, though, Beyond Meat has been around for more than a decade but only got global attention just a few years ago. As a dominant player in the field, Beyond Meat already has a past. Many will link the plant-based movement, or some would say the fake meat phenomenon, to Beyond Meat. Its “better than beef” rhetoric has simply hurt the brand and the category. In lieu of positioning the product as unique, or an alternative, Beyond Meat has become its own worst enemy by encouraging consumers to ditch meat. The reality is that most Canadians still enjoy traditional animal proteins. It is very much a part of our heritage. Expecting Canadians to replace one with the other was unreasonable, and still is.
Beyond Meat’s stock reached a record $195 US a few weeks ago, but in light of lack-luster financial results and the recent announcement by McDonald’s, some analysts believe its stock could fall below $100 US. When terms like “fake meat” or “manufactured meat” are mentioned, the first company that comes to mind is Beyond Meat. This is their baggage, and McDonald’s knows it.
McDonald’s is now fully committed to offering plant-based foods. As other chains have done, McDonald’s is making its menu more inclusive. Consuming vegetable proteins is much more socially normalized now, and the pandemic hasn’t really changed anything. Recently released statistics on plant-based diets show strong numbers. Not offering a plant-based option could lead many to pass on McDonald’s. Dietary inclusiveness is the way to go. Good call for McDonald’s. For McDonald’s Canada, specifically, it will be interesting.
The golden arches have always been one of Canada’s most formidable champions for agriculture. McPlant could be seen as a betrayal, especially for beef producers. So, if you see more McDonald’s ads promoting Canadian beef, or even better, Canadian sustainable beef, don’t be surprised.
It’s all about playing nice with farmers, and there’s nothing wrong with that. But for Beyond Meat, it is clear that they no longer have McDonald’s as an ally. As such, the company may need to refine its value proposition to consumers. Plant-based menus are about more choice, not about undermining the hard work of farmers who have provided us with quality meat products for decades.
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TORONTO, April 21, 2015 /CNW/ - Retail Council of Canada (RCC) welcomes today's federal budget, which continues to reduce taxes on Canadian merchants. "The proposed measure boosting the small business deduction will help make Canada's independent retailers more competitive in the face of strong Global competition," said Dave Wilkes, RCC's Senior Vice President of Government Relations. "This budget builds on the government's overall record of lowering the corporate income tax rate from 22 per cent to 15 per cent."
RCC applauds today's announcement to establish an Internal Trade Promotion Office to eliminate trade barriers within our borders. Retailers also welcome the government's restated commitment to reduce regulatory inconsistencies between Canada and U.S. On behalf of its members, RCC will continue to advocate for lower barriers to trade, wherever they occur. "Given this strong mandate, we are disappointed that the government did not seize the opportunity in Budget 2015 to build upon the tariff reductions announced in 2013," said Wilkes. "These duties, which can be as high as 18 per cent, impede the competitiveness of Canadian merchants and negatively impact prices for Canadian consumers."
Retailers welcome the government's proposal to work with trade associations to foster the development of in-demand job skills. RCC will continue to build programs to help Canadians access the many interesting and rewarding employment opportunities offered in our sector.
Retail Council of Canada (RCC) is the Voice of Retail in Canada representing more than 45,000 store fronts of all retail formats, including department, specialty, discount, and independent stores, and online merchants in general merchandise, grocery and drugs. Its membership represents over 75% of all retail sales in Canada. RCC is a strong advocate for retailing in Canada and works with all levels of government and other stakeholders to support employment growth and career opportunities in retail, to promote and sustain retail investments in communities from coast-to-coast, and to enhance consumer choice and industry competitiveness. RCC also provides its members with a full range of services and programs including education and training, benchmarking and best practices, networking, advocacy, and industry information. retailcouncil.org @retailcouncil @RCCMySTORE
SOURCE Retail Council of Canada
For further information: Colin Asuncion, Retail Council of Canada, 416 467 3782, [email protected]


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Rep. Richard A. Smith has an idea for how the cash-starved state can generate revenue: start selling ads on state websites.
"We're in a budget nightmare,'' said Smith, a Republican freshman from New Fairfield. People are accustomed to seeing ads when they go to websites; his bill would allow the state to start cashing in.
"We're trying to look at new and unique ways to raise revenue without taxing people,'' Smith said. "This might be a way to raise money for the state without reaching into people's pocketbooks.''
How much money is unclear. Smith says he's asked the state Office of Legislative Research to look into what such advertising could be expected to generate.
Connecticut wouldn't be the first state to look at online ads as a money-maker. Washington state recently began a trial program running banner ads on its state ferries website and in Arizona and Virginia, school districts are running web ads on their official sites, according to USA Today.
One wrinkle: Federal regulations prohibit all non-government ads on dot-gov internet domains. Government agencies that have accepted ads have had to switch to a dot-com domain.
Smith's idea also raises a host of questions about what types of ads visitors would see when they called up a state website, and whether running an ad on a government site is akin to the government endorsing the product or service being sold.
Those issues and others are likely to be raised when the bill comes up for a public hearing, something Smith said he expect in coming weeks. On Monday, the legislature's government administration and elections committee voted unanimously to hold a hearing on the matter.


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An early innovator enabling brands and agencies with self-service analytics and digital media buying platform, Choozle will leverage growth capital from Boathouse to expand the integration of enterprise-level media buying technologies while furthering their data-powered marketing and advertising reporting innovation.
Choozle focuses on mid-market agency and brand clients, aiming to empower efficient marketing operation and performance while affording 100 per cent transparency.
It's consistent financial growth and marketplace differentiation provide investors with the confidence to double down on the company's scale and success.
"It's a testament to our team and platform that we maintained consistent financial growth despite the uncertainties of the last year" said Co-Founder and CEO of Choozle, Andrew Fischer. "This additional investment enables us to continue to bring self-serve solutions to the mid-market while aggressively investing in our product to ensure Choozle remains the most innovative and intuitive platform on the market."


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Ahold requests U.S. to deny Bi-Lo financing
The Netherlands Ahold said Tuesday it has filed papers with the U.S. Bankruptcy Court, District of South Carolina, to deny bankrupt supermarket retailer Bi-Lo a proposed $100 million financing package.
Bi-Lo, which initially filed for bankruptcy on March 24, said it has received a commitment for a $100 million debtor-in-possession facility arranged by GE Capital Financing, which it will use to meet normal business obligations upon court approval.
Bi-Lo has also asked for court permission to continue paying employee wages, benefits and salaries without interruption and says it will continue existing customer policies and programs, as well as normal business relationships with suppliers and partners.
According to Supermarket News, Ahold, which sold Bi-Lo to Lone Star Holdings in 2005 and remains a Bi-Lo landlord, said the proposed financing package would unfairly put lenders ahead of landlords with regard to collecting on pre-petition debts. Ahold has proposed its own $35 million loan to Bi-Lo in place of the GE Capital financing.
Bi-Lo operates 215 supermarkets in South Carolina, North Carolina, Georgia and Tennessee. Ahold, which operates U.S. grocery chains Stop & Shop, Giant-Landover and Giant-Carlisle, currently does not operate any stores in these states.
The U.S. Bankruptcy Court is expected to rule on the proposed GE Capital financing deal on April 3. Bi-Lo has also requested the court approve an emergency $21 million payment to C&S Wholesale Grocers, its largest supplier, with funds coming from the financing package.
If the shoe fits
Target has teamed up with designer Trish Carroll to launch a limited-edition footwear collection called Miss Trish of Capri that will be available in stores for four months, beginning April 5.
“The Miss Trish of Capri collection brings classic chic to any warm weather ensemble,” said Target SVP Trish Adams. “Now women across the country can add these easy-to-wear, glamorous styles to their wardrobe without the wallet sting.”
Prices range from $29.99 to $34.99 on footwear styles that include vibrant color sandals and wedges with jewel embellishments. Miss Trish is going to need great design and attractive prices to persuade women to make what is essentially a discretionary purchase, but credit Target with providing them the opportunity to do so.
Target’s partnership with Trish Carroll shwos that just because consumers are in a funk and reluctant to spend money on anything other than food and consumables doesn’t mean retailers can afford to stop appealing to their discretionary tendencies.
Lowe’s CEO earns $7.9 million
Robert Niblock, the CEO of Lowe’s home improvement stores, received a total compensation package of $7.9 million in 2008, according to a filing with the Securities and Exchange Commission. The company paid Niblock $1.1 million in salary, with the remainder coming from stock and option awards, a non-equity incentive plan and other types of compensation.
Niblock received nearly $6.15 million in total compensation in 2007.
The Mooresville, N.C.-based company will hold its annual meeting on Friday, May 29, in Charlotte, N.C.


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We lead this week with a story on how Apple is trying to deepen its supply chain in China, even as US-China decoupling goes.
One economist is now noting that the comments made by Paul Tudor Jones are the “single most bullish” ones ever made about.
14 May 2020.
The first ever block recorded on the bitcoin blockchain was on January 3.
But others believe the halving won't necessarily boost its price as.
Bitcoin Xpub Code 31 Jul 2018. This extension lets you accept Bitcoin payments on your OpenCart store. A " Bitcoin" option is added on customer checkout to Payment Method. Works great on 3.02 thanks for making with Xpub instead of plain static address. USD amount and when the QR code is scanned with the bitcoin wallet app, 14
14 Jan 2020.
There are a number of reasons to believe that Bitcoin will remain king of the cryptocurrency market, whether based on technical innovations or.
23 Mar 2020.
A Bitcoin exchange shop in Krakow, Poland on March 5, 2019.
With the bitcoin halving event around the corner, here's what you could expect.
Bitcoin Crash Chart Bitcoin Price (BTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto. Get $158+ Sign in. Get started. Price charts Bitcoin price. Bitcoin price (BTC) Add to Watchlist. Market cap $ 167.3 B. Volume (24 hours) $ 40.5 B. Circulating
Multinational investment bank Goldman Sachs will be hosting a Bitcoin call on May 27th for its clients. The news was revealed.
28 Apr 2020.
Not everyone on 'crypto Twitter' has the high expectations that BTC prices will skyrocket after the halving. The well known bitcoin proponent on.
I started out a skeptic, but the Apple Watch eventually won me over. Here’s what it took for me to take it seriously as a.
19 Dec 2019.
FILE PHOTO: An employee works on Bitcoin mining computer as a PC screen shows the.
There are likely to be winners and losers. So market.
30 Jan 2020.
The last time we had a halvening was on July 16 2016, when the number of new bitcoins that become available for crypto miners every ten.


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A lot. According to a recent study from the Outdoor Industry Association, each year Americans spend $120 billion on products for outdoor recreation. That's more than twice as much as Americans spend each year for internet access ($54 billion) or airplane tickets ($51 billion).
And that's just one nugget from the 2012 study, The Outdoor Recreation Economy, which details the total economic benefits by the outdoor recreation industry. So what are the total economic benefits, according to the study?
$646 billion in total annual consumer spending on outdoor recreation. That's more than Americans spend each year on motor vehicles and parts ($340 billion), gasoline and other fuels ($354 billion), or pharmaceuticals ($331 billion).
- A total of $646 billion in outdoor recreation spending each year. $120.7 billion comes from purchasing outdoor equipment, but the vast majority of spending ($524.8 billion) is on trips and travel-related spending for outdoor recreation.
- 6.1 million American jobs, more jobs than come from construction (5.5 million), the oil and gas industry (2.1 million), or education (3.5 million).
- Nearly $80 billion in tax revenue, split almost equally between federal tax revenue and state/local tax revenue.
There are some important caveats to these numbers, however. The study takes a very broad definition of "gear purchases for outdoor recreation," most notably the inclusion of vehicles and accessories used for outdoor recreation such as RVs, boats, motorcycles, and all-terrain vehicles. It also includes the insurance, registration, and storage fees for said vehicles.
When you look at the study's technical report, which details the methodology and assumptions behind the report, this vehicle spending accounts for the majority of the $106 billion spent on gear purchases for outdoor recreation (roughly $75 billion vs. $30 billion for non-motorized equipment, accessories, and services).
I'm not saying that this methodology is flawed. I'm just saying that there are important distinctions between non-motorized forms of outdoor recreation, which have minimal impact on the environment; and motorized activities, which can have deleterious effects on our outdoor resources.
Regardless, the study makes one thing clear. Our nation's outdoor opportunities are an incredible economic asset, one that should never be overlooked as the inexorable tide of population growth and development marches onward.
"Equipped” is an AMC Outdoors blog, written by Matt Heid.


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By: Rebecca Barbarisi junior newspaper writer
Highlight is the new craze ! Millions of people around the world are using it everyday. The glorifying make-up product helps attracts light, creating the illusion of brightness and height, hence that lit-from-within look. It is used on both boys and girls, many of our own WJPS students use this product. “It adds glow to the highest points of your face”, said 11th grader Nicole Csatari.
The application of highlight is simple. For an intense glow, spray the face of your brush with setting spray before dipping into the highlighter. This will help pick up your product more efficiently along without any fallout.
Everyones face shape is different and it may matter when applying hight light. For example, on a rounder face, apply the highlight on the higher points of the cheekbone, avoiding the apples of the cheeks, to create a more chiseled appearance. Next, apply a loose translucent powder with a fluffy brush to avoid creasing and to give an airbrushed effect to the skin.
High light is truly a miracle to all beauty lovers ! “I use highlight to make my eyes pop”, said 11th grader Isabella LoMonaco. Also, according to a source, “By adding both highlight and blush, it gives a liveliness to the skin, which is very beautiful all year round,” said Kelli Bartlett, the vice president for makeup and new services at the beauty-services booking app Glamsquad. Highlight is the new revolution, it gives the illusion of youth and structure.


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McGuigan Wines targets UK independents after record trophy win
McGuigan Wines is targeting UK independents with wines showcasing regionality, distinctiveness and personality after winning IWSC Winemaker of the Year for a record fourth year running.
The Australian brand has enjoyed strong growth, with sales up 9.6% to £120 million (IRI, year to July 2016) making it Britain’s fifth bestselling brand.
It has an average price point of £5.15 and aims to raise this by targeting indies and the on-trade with more nuanced wines.
Neil McGuigan, chief executive at parent company Australian Vintage, told OLN: “When we win those trophies, people around the world listen. They are serious awards. The opportunity to sell more expensive wines with more personality in independents and the on-trade has never been greater.
“We need to take that opportunity and drive it and give them premium, super-premium and iconic wines, and we will be seen as a wine country that can deliver. We don’t have enough high-quality, low-volume wines in the UK market yet, and we need to do that through focusing on engagement with the consumer.”
McGuigan added: “We are in all the major supermarkets with a couple of SKUs and that’s growing. We need to focus on the independents. We used to have two people selling to UK independents. Now we have five. We should have 25, but we are working our way through that, because independents and on-trade is something we can really focus on.”
He believes a partnership with Masterchef star John Torode is helping convince consumers of the quality of McGuigan’s wines. “We need to get to the buyers in the supermarkets and independents and specialists and get them on side and make them understand what we have in our portfolio,” said McGuigan.
“Another more important job is to jump over those people and speak to the consumers and get them motivated and interested in our brands. The John Torode relationship and food and wine matchings are helping.”
Australia’s long streak of growth in the UK has ended as sales have dropped 0.9% (IRI, year to October 2016) but that trend does not worry Julian Dyer, Australian Vintage UK general manager. “When you have a quarter of the market it is difficult to buck the trend of what the UK market is doing overall,” he said.
“You can only row your own boat, not other people’s, and we look after our brands.
“We need to make sure we stay relevant to the consumer and to our customers, helping them to sell more wine at a higher price point and be more profitable. Range rationalisation has been the reality for the past five years and we have managed to grow the brand.
“Our brand awareness is still not where we would like it to be. We are finding ways to raise awareness. We had a major TV campaign in September and October that hit 11 million people three times each. Despite all the things going on in the market and in the world we are convinced we need to keep investing.”


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Wholesale inflation in the US soared 11 percent in April from a year earlier, a hefty gain that indicates high inflation will continue drag down to consumers and businesses in the months ahead.
Source: daily mail – mail online
Summary automatically generated by NewSUM A.I. from the following sources:
- U.S. producer prices surge 11% in April as food prices jump (washington times)
- US wholesale prices surge 11% in April as food costs soar (daily mail – mail online)


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Shoppers are poised to spread their time and money across both online and physical stores this holiday season, according to a survey conducted for the National Retail Federation. As you grab your mouse or head out to join the crowd, here are some tips to protect yourself and your identity.
The advent of the smartphone has brought with it a deluge of texting and other distractive behavior while driving a vehicle. Distraction is not confined to the young and restless – we see people of all ages, genders and backgrounds using phones when they should be driving.
The Federal Motor Carrier Safety Administration (FMCSA) has mandated that certain commercial vehicles use an electronic logging device (ELD) instead of paper logbooks. Previously announced regulations that took effect in December 2017 will be strictly enforced effective April 1, 2018.
The post Deadline update: Commercial fleets must replace paper logbooks appeared first on The Cincinnati Insurance Companies blog.


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6 Feb 2020 . China is reporting a shortage of face masks whats the scale of the need . One type, known as the N95 respirator, is designed to filter at least 95 of . Some countries, including Taiwan and India, have banned the export of .
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