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News and Updates
Bollywood star Shraddha Kapoor will be the special guest at Sagoon's mobile app launch 04 January 2018, Sagoon, Delhi-NCR, India
Sagoon’s first ever mobile app is ready for launch. The moment everyone had been waiting for has arrived. Our team has worked very hard for the past one year to build the app, a module that will help create a new social world from South Asia.
The event is very special and the guest who’ll be gracing it is even more special. The grand launch will take place in New Delhi on 9th Jan 2018. And none other than the very talented and vivacious Bollywood star Shraddha Kapoor will be honoring us with her presence. Another well-known and respectable TV and film personality, Mandira Bedi will join Shraddha as the moderator for the evening.
The whole Sagoon family is excited and can’t wait till our app wins the hearts of our millions of supporters.
Know about Sagoon’s Regulation A+ offering from co-chair of SEC Advisory Committee, Ms. Sara Hanks (published by Nepali online news portals, Image Khabar and My Republica) 23 November 2017, Sagoon, Delhi-NCR, India
What’s in the news about Sagoon recently, is video of Ms. Sara Hanks, co-chair of SEC Advisory Committee and CEO of Crowd Check, in which she talks about the qualification measures of the SEC that Sagoon has successfully complied with to bring the Regulation A+ offering. This video has been covered by Nepali news portals, Image Khabar and My Republica in their latest posts.
To know more about what Ms. Sara Hanks has said about Sagoon’s Regulation A+ offering in her video, click on these links below to read the full article:
Sara Hanks, co-chair of SEC and an attorney with 30+ experience speaks about Sagoon’s Reg A+ offering 20 November 2017, Sagoon, Delhi-NCR, India
Meet the CEO & co-founder of CrowdCheck, an attorney with 30+ years of experience in corporate and securities law. Sara and her firm play a fundamental role in the existence of Sagoon’s mini-IPO investment initiative. She has worked with us to formulate an effective and compliant path to bring the opportunity to invest in Sagoon for all our users and believers.
In the video, she shares her thoughts about the positives of Reg A+ offering and how Sagoon followed all procedures to qualify to bring the mini- IPO. In the video, she also talks about continuing a long-lasting association with Sagoon.
Do watch the video.
Sagoon to connect with over 1600 global entrepreneurs in Global Entrepreneurship Summit, 2017 17 November 2017, Sagoon, Delhi-NCR, India The 8th edition of Global Entrepreneurship Summit is being held at the Hyderabad International Convention Centre in Hyderabad...
The 8th edition of Global Entrepreneurship Summit is being held at the Hyderabad International Convention Centre in Hyderabad from 28-30th Nov 2017, and Sagoon’s entry to this year’s event is confirmed. Sagoon has been selected out of thousands of other applicants to participate in the event.
The Summit will be inaugurated by Hon’ble Prime Minister of India, Shri Narendra Modi and Ms Ivanka Trump, Advisor to President Trump who will also be leading the US delegation.
Sagoon co-founder, Ms. Swati Dayal will be participating in GES, 2017 with the aim to showcase Sagoon to inspiring entrepreneurs and investors from around the world creating new opportunities for investment, partnership, and collaboration.
This year the event’s focus will be on women entrepreneurs and the tremendous potential women bring to entrepreneurship with the theme - “Women First, Prosperity for All”.
We are looking forward to having fruitful interaction with entrepreneurs and global business leaders from all across the world at this year’s Global Entrepreneurship Summit, at Hyderabad.
To read more about this development, go to:
Nepali online news portal Taja Khabar’s latest post says, All Nepalis worldwide have one question to ask, “How to invest in Sagoon?” 17 November 2017, Sagoon, Delhi-NCR, India The investment made into Sagoon is being utilized to bring robust changes to the world of social media. This is...
The investment made into Sagoon is being utilized to bring robust changes to the world of social media. This is being recognized rapidly by Nepalis all across the world who are interested, attracted and positive about making an investment in Sagoon. Nepal’s online news portal Taja Khabar talks about these things and more in its latest post.
It also highlights what kind of buzz is being created at the customer service front in the words of a Sagoon employee, Heera Saru.
To read the full article, click on the link below:
Investors put their trust in Sagoon’s concept, its extended services and its upcoming products, says Nepal’s No.1 online news portal, Nagarik News 10 November 2017, Sagoon, Delhi-NCR, India Nepal’s No. 1 online news portal, Nagarik News has published an article about the latest video in circulation...
Nepal’s No. 1 online news portal, Nagarik News has published an article about the latest video in circulation, where another set of Sagoon’s NRN (Non-Resident Nepali) investors have spoken about their experience with Sagoon.
The post carefully brings forth their interest, their influence and their aspirations with Sagoon. It also presents the thoughts of each NRN member about how they see Sagoon as a leader of information technology being led by a Nepali.
Read the full article below:
Sagoon Surpasses $1.9M in Regulation A+ (Mini-IPO) Equity Crowdfunding Capital 09 November 2017, WASHINGTON, D.C. (PRWEB) Company has now raised more than $3.2M in funding as it prepares for consumer launch of its social commerce app...
Company has now raised more than $3.2M in funding as it prepares for consumer launch of its social commerce app
Sagoon, the social commerce platform enabling its users to Connect, Share, and Earn, today announced it has surpassed $1.8M in Regulation A+ (Mini-IPO) equity crowdfunding capital. The Company has now raised more than $3.2M in funding in 2017 as it readies to launch its mobile app next month.
The Company launched its Regulation A+ offering earlier in 2017, offering Class C common stock at $23 per share with a minimum investment of $1,000. Since, it has been supported by more than 2,000 investors globally that share Sagoon’s vision of a social commerce platform that helps users to Connect, Share, and Earn.
With approximately one million users, and a team of 40 employees (including those who have worked at Google and IBM), Sagoon seeks to pioneer the monetization of social media, enabling its users to earn financial rewards while connecting with their friends and loved ones, and sharing experiences from their day-to-day lives. Funds raised will be used for, but not limited to, the continued development of the Company’s mobile app, which will launch in December.
“We are proud and excited of the support we have received thus far from investors around the world that share our vision of a better social network. We have worked incredibly hard to build Sagoon into a platform that meets the needs and interests of a global user base – one where they can not only connect with friends and family, but also engage in social commerce initiatives and earn money for their activity,” said Govinda Giri, founder and CEO, Sagoon. “We have identified an underserved market of users who are unsatisfied with current social offerings, and believe that our team of technology leaders has us uniquely positioned to succeed within that market. We hope those that share our vision will continue to support us.”
Sagoon solves a glaring problem in today’s U.S. social media landscape – U.S. social networks are not set up for ecommerce. Direct commerce between users and sellers and amongst users is prohibited, and users earn no financial rewards for being a direct source of revenue. There is also a missed opportunity to make gift cards, coupon offers, and discounts purely social.
Regulation A+ offerings provide an opportunity for the non-accredited general public to invest and own stock in the company. The company is currently accepting investments from public and institutional investors until November 30, 2017 and can be accessed through our website http://www.sagoon.com/invest, where the Offering Circular is posted.
Sagoon is an early-stage social commerce platform that offers users a chance to make money while socializing. The word “Sagoon” is derived from the Sanskrit word “Shakuna”, meaning “an auspicious moment” or “good luck”. First launched as a search engine in 2009, Sagoon evolved into a social commerce platform in 2014 with the mission of helping people to better Connect, Share, and Earn. To connect with Sagoon, visit http://www.sagoon.com or “Like” the Company on Facebook. To invest in the company through its Regulation A+ offering, please click here.
Sagoon, the 1st US startup company to accept investments through Credit and Debit Card, a Nepali online news portal, Nepal Khabar’s post 09 November 2017, Sagoon, Delhi-NCR, India In the list of latest news on Sagoon, an interesting post by a Nepali online news portal called Nepal Khabar is doing the rounds...
In the list of latest news on Sagoon, an interesting post by a Nepali online news portal called Nepal Khabar is doing the rounds. It talks about how easy it has become for investors to make an investment in Sagoon using credit or debit cards, an opportunity which was not available before.
The article is a handy guide on how to begin a journey with Sagoon as an investor and shares information on current valuation of Sagoon’s shares and details about the investment procedure.
Click on the link below to read more:
Reflections on NRNA members’ proud feeling about Sagoon noted by Nepali online news portals – Online Khabar, Purbeli News, SaptaKoshi Online and Annapurna Post. 09 November 2017, Sagoon, Delhi-NCR, India The generous words of Sagoon supporters and beloved NRNA (Non-Resident Nepali Association) members is spreading like wildfire...
The generous words of Sagoon supporters and beloved NRNA (Non-Resident Nepali Association) members is spreading like wildfire across Nepali media. Top four Nepali online news portals: Image Khabar, Purbeli News, SaptaKoshi Online and Annapurna Post have published articles about a video in which positive notes have been sung by proud Nepali residents who have invested in Sagoon. Their common belief is that through Sagoon, a social media platform, Nepal can leapfrog into the league of technologically advanced nations.
These articles also lay emphasis on one message that echoed repeatedly amongst all speakers and NRNA dignitaries, and that is positivism about making an investment in Sagoon in exchange of making the world a little better.
To know more on what each member has said in the video, please click on the links below:
Sagoon’s on its way to become World’s No 1 social network in 7 years, (a post by Nepali online news portal) 06 November 2017, Sagoon, Delhi-NCR, India Sagoon’s every day growing popularity is being documented by media worldwide. The most recent one being a post...
Sagoon’s every day growing popularity is being documented by media worldwide. The most recent one being a post by Nepali online news portal, Lokaantar. The post spells out how Sagoon founder, Mr. Govinda Giri and his team is engaged in giving a new meaning to the way people socialize online.
The post also provides information on the procedure that needs to be followed to make an investment in Sagoon and also on how Sagoon’s family of investors is spreading across countries like Middle East, India, Japan, Korea and Canada.
To read the full article, click on the link below:
NRNA members encourage Sagoon in special words 06 November 2017, Sagoon, Delhi-NCR, India The list of Sagoon supporters and believers is increasing day-by-day worldwide. The impact of which was...
The list of Sagoon supporters and believers is increasing day-by-day worldwide. The impact of which was greatly realized when NRNA (Non-Resident Nepali Association) members came together to share their thoughts about Sagoon.
The words of encouragement are not only appreciated but it most importantly motivates entire Sagoon team to work harder to reach our destination. The pride which these members feel about Sagoon reflects in this video clearly.
Getting an opportunity to participate in the Mini-IPO of a fast-growing startup is great, says Nepali news portal, Online Khabar 03 November 2017, Sagoon, Delhi-NCR, India Yet another Nepali news portal, Online Khabar has highlighted the advantages each investor will garner by investing in a...
Yet another Nepali news portal, Online Khabar has highlighted the advantages each investor will garner by investing in a US-based startup like Sagoon. Its recent post talks in detail about how every Nepali settled outside Nepal and every other individual worldwide can easily invest in Sagoon.
The post makes us understand Sagoon founder Govinda Giri’s vision to reshape social media landscape and how relentless efforts and innovative thinking is being utilized to achieve it.
To know more about the investment procedure, about use of proceeds and about the special benefits of becoming a Sagoon user, click on the link below:
Separating myths from facts about investing in Sagoon (Published by Nepali economic news portal, Arth Sarokar) 31 October 2017, Sagoon, Delhi-NCR, India The latest post of Artha Sarokar, a Nepali economic news portal throws light on greater understanding about...
The latest post of Artha Sarokar, a Nepali economic news portal throws light on greater understanding about making an investment in Sagoon, a social ecommerce platform. The article carefully addresses some misconceptions that may have been marketed and uncovers the truth surrounding Sagoon’s on-going Mini-IPO investment opportunity.
It talks about how the process works in practice and also clears the air about some legal myths that maybe doing the rounds.
Click on the link to read the full article: http://www.arthasarokar.com/2017/10/sagoon.html
Co-founder, Kabin Sitoula’s visit to Sagoon office 23 October 2017, Sagoon, Delhi-NCR, India The day we resumed office after a fulfilling festive break, a surprise guest came to Sagoon on 23rd Oct...
The day we resumed office after a fulfilling festive break, a surprise guest came to Sagoon on 23rd Oct 2017. He was none other than our co-founder, Mr. Kabin Sitoula. He was here to extend his festive greetings to us and to learn more about our product development advancements. In his day long visit, he met with Swati, another co-founder and some other members from the team.
Sagoon family was extremely grateful to have him, talking to him about the progress, sharing our thoughts and taking in his optimistic energy and suggestions on Sagoon’s future goals.
He imprinted spirit within us as he thanked each one for being a part of this amazing journey of building a future. He highlighted the importance to love Sagoon’s dream and to work towards it together before it culminates into a global success. His sheer passion drove us all to envision a world that will soon be engineered by Sagoon.
Team Sagoon’s big Deepawali celebration 19 October 2017, Sagoon, Delhi-NCR, India Lights, Diyas, feast, sweets, flowers, colors, even a birthday cake and overall air of festivity - everything was...
Lights, Diyas, feast, sweets, flowers, colors, even a birthday cake and overall air of festivity - everything was ready to celebrate the festival of lights, Deepawali at Sagoon’s office. On 18th Oct 2017, Deepawali was celebrated to bring prosperity to our homes and our office with all the members of Sagoon family.
Our office was brightly lit and so was our moods. To commemorate the joyous festival everybody took part in fun group activities planned for us for. The task-oriented game was the show-stealer as each group displayed the strength of teamwork. Diwali staple, Tambola game was also on the activities-of-the- day list and was yet another great chance to bond with each other. The day was also perfect to crown Omer, our Creative Head the new Prince of the Month and along with that we also gave the award for the best dressed to Kritika Kataria, our Business Analyst.
The celebration came to a cheerful end and everybody went home with quite a handful of goodies, shopping vouchers, free movie coupons and wonderful memories of the day.
The quintessential gift for this festive season 18 October 2017, Sagoon, Delhi-NCR, India Deepawali is a perfect time to gift your loved ones something they can cherish. See how you can make this festive...
Deepawali is a perfect time to gift your loved ones something they can cherish. See how you can make this festive season's gifting tradition more fruitful by investing for the future - by investing in Sagoon.
A Nepali Journalist's view of Sagoon's Nepal connect 16 October 2017, Sagoon, Delhi-NCR, India Tek Narayan Bhattarai, a Multimedia Journalist from DC Nepal visited Sagoon India office. He was here to experience...
Tek Narayan Bhattarai, a Multimedia Journalist from DC Nepal visited Sagoon India office. He was here to experience and get to know Sagoon, and take glimpses of Sagoon's vision, working culture, and the team that is working behind the scenes to develop and launch the new mobile app, for audiences back in Nepal. Check out the video below to see how his journey unfolded.
Sagoon’s second funding round closes on 30th Nov 2017 11 October 2017, Sagoon, Delhi-NCR, India The announcement for the closing of Sagoon’s second funding round that started a few weeks ago has been made...
The announcement for the closing of Sagoon’s second funding round that started a few weeks ago has been made. 30th Nov 2017 will be the last day to make an investment in Sagoon and share its unparalleled dream of redefining social media and its whole purpose of being. We also thought that this would be the right time to share some of our stats and progress.
We are into our second funding round which reminds us of how far we have come. First the success of the first funding round and now - more than 2000 investors have joined us and the number is increasing nimbly. From 12 we are now a team of 42 full-time employees, who are champions in their own rights and are refining our talent pool constantly. To accommodate our growth, we are ready to expand our office space too! Sagoon and Indian Institute of Technology (IIT), Delhi have partnered for several projects, starting with the research and development of a battery recharge technology poised to change a few rules of the tech industry and many more to follow.
Our business is raising funds to continue research and development to move products to the market for our users, fans, and supporters. Our efforts to obtain funds is only open till 30th Nov 2017, so get your skin in the game and we will do everything to assure our success. Invest before 30th Nov 2017.
Please read our offering circular before making any investment.
Sagoon holds an exclusive Webinar for our NRNA friends 09 October 2017, Sagoon, Delhi-NCR, India At Sagoon, there’s always room to connect with those who matter to us the most. This time we chose the medium...
At Sagoon, there’s always room to connect with those who matter to us the most. This time we chose the medium of a LIVE Webinar to funnel some beneficial and crucial insights about our company. Our founder and co-founder, Govinda and Swati both conducted the webinar and members of NRNA (Non-Resident Nepali Association) participated in it.
Sagoon had a taste of Dashain with Rato Tika 04 October 2017, Sagoon, Delhi-NCR, India Today we have come to the last day of Dashain - the longest and the most celebrated Hindu festival amongst Nepalis...
Today we have come to the last day of Dashain - the longest and the most celebrated Hindu festival amongst Nepalis all over the world. How could Sagoon family forgo Dashain without celebrating it?
We celebrated it in traditional Nepali style this year at our office. Without Rato Tika (a mixture of vermillion powder, rice and yoghurt) Dashain does not feel like Dashain at all. Honoring the most integral part of the celebration, our co-founder Swati put Rato Tika on the foreheads of all Sagoon members bestowing good fortune, health and plenty of prosperity.
Govinda Giri, our founder was present with us on Skype where he showered traditional blessings on us.
An early-stage investor getting a glimpse into Sagoon’s future 25 September 2017, Sagoon, Delhi-NCR, India On a recent trip to India, Sagoon’s early-stage investor and supporter Mr. Ghana Shyam Rajbhandari visited our office...
On a recent trip to India, Sagoon’s early-stage investor and supporter Mr. Ghana Shyam Rajbhandari visited our office. He was eager to meet the team who has been working very hard on our ongoing projects - our mobile app and the highly awaited Social Smart Card. It was a delight to have him amongst us and to share with him some unique insights.
His visit was a great motivation to our entire team as we all got to see how dedicated a patron Mr. Rajbhandari is of Sagoon. We thank him for believing in our dreams!
Mr. Ghana Shyam Rajbhandari’s visit to our new office space 25 September 2017, Sagoon, Delhi-NCR, India Our Sagoon office in India had a special guest all the way from Canada. An early-stage investor and an endearing supporter...
Our Sagoon office in India had a special guest all the way from Canada. An early-stage investor and an endearing supporter & believer of Sagoon, Mr. Ghana Shyam Rajbhandari was warmly welcomed into our office by our co-founder Swati Dayal.
Here in this video, Swati is giving Mr. Bhandari an exciting tour of our newly acquired office space. Soon work is going to begin and we are extremely happy that Mr. Bhandari is one of the first to witness our expansion plan. Swati tells him and the audience how fortunate we are to be able to find new office space on the same floor of where we are located currently. She also mentioned how many good things have happened since we’ve moved to the 8th floor of Vatika Mindscapes Towers here in Faridabad. And how we hope to continue doing much more for all our users, investors and supporters in future from our new office as well.
Sagoon India organized a networking event for start-up entrepreneurs, investors and marketing executives 23 September 2017, Sagoon, Delhi-NCR, India“I am so excited that Sagoon is here in India for building bridges of connectivity in line with Google/Facebook...
“I am so excited that Sagoon is here in India for building bridges of connectivity in line with Google/Facebook along with providing an alternative tech platform in South Asian region to utilize the local talents, create jobs and help build a strong economy”, said Sanjay Vinayak Joshi - a former General Secretary of Bharatiya Janata Party (BJP) in India.
Mr. Sanjay Vinayak Joshi participated as a chief guest in an interaction and networking event organized by Sagoon India in its corporate office at Vatika Mindscapes in Faridabad, India. In attendance were start-up entrepreneurs, investors, marketing executives from VC-funded companies. Also gracing the occasion as a special guest was Mr. Rana Shiva Shankar, the Chairman of Friends of Nepal and local BJP leader.
During the interactive program, founder Govinda Giri made an in-depth presentation on how the new technology could connect the Bharatvarsha and the world at large. Mr. Sanjay Vinayak Joshi assured the founders and Sagoon Team that he will make all efforts to scale Sagoon and will bring in support and help from Primer Minister Narendra Modi and IT minister Ravi Shankar Prasad to support Sagoon in taking Bharatvarsha to the world.
In a separate meeting after the event, Sagoon founder, Govinda Giri and co-founder Swati Dayal met a high-profile dignitary, Nepal Ambassador to India, Deep Kumar Upadhyay to discuss Sagoon and apprise him of the upcoming launches. He appreciated Sagoon for its efforts towards providing a new way of connecting, sharing and earning to the Internet users, and wished us success.
Sagoon Founders meet Niti Aayog CEO, Mr. Amitabh Kant 21 September 2017, New Delhi, India On 21st Sep, Sagoon Founders Govinda Giri and Swati Dayal met Mr. Amitabh Kant, CEO of NITI Aayog...
On 21st Sep, Sagoon Founders Govinda Giri and Swati Dayal met Mr. Amitabh Kant, CEO of NITI Aayog (Think Tank of India). During the meeting, our founders shared the vision and mission of Sagoon and how they are working to bolster the Start-up India programme and representing India at global level.
Surprisingly, Mr. Kant was already aware of Sagoon’s upcoming revolutionary products, Social Smart Card and the first crowdfunding round. He appreciated the idea behind the product, and encouraged to move forward with full confidence. In addition, Mr. Kant extended the necessary support to be given to Sagoon in realizing the vision of Connect. Share. Earn. He also asked us to participate actively in the start-up events that they organize to praise and uplift the spirit of new Indian companies.
At last, our founder, Govinda invited him to grace Sagoon’s upcoming App launch event, which he kindly accepted and assured that he’ll try to attend.
Hereon, each Sagooner is deeply motivated by the encouraging words of Mr. Kant. We at Sagoon envision to contribute and participate significantly in the Start-up India programme.
A sneak into our office expansion plan 20 September 2017, Sagoon, Delhi-NCR, India There are tremendous innovations being developed inside Sagoon. The soon-to-be released Sagoon...
There are tremendous innovations being developed inside Sagoon. The soon-to-be released Sagoon mobile app, the demo of which is already out! Next is our Social Smart Card that is going to change the way you gift, shop and purchase forever and a gazillion other upshots that will guide the avenue of social media.
Now, we can’t hope to achieve so much and succeed without a stronger team, can we? So, Sagoon is ready to expand its office space. We have already at the first stage and have taken up the vacant space adjoining our current setup. The essence of Sagoon is going to flourish and the energy too! Our office right now reflects our core value and strategic objectives and has everything that a modern workplace supports.
We plan to create a new space that’s even more cutting-edge, has world-class design and spells out Innovative thinking with a capital “I”.
Expediting the development of the social smart card 18 September 2017, Sagoon, Delhi-NCR, India It's time we expedite the development of the Social Smart Card to fulfill our promise of rolling out...
It's time we expedite the development of the Social Smart Card to fulfill our promise of rolling out the same to Sagoon users in 2018. It is the most-awaited and talked about feature of Sagoon, which is expected to redefine the usage of social media and e-commerce. We already have set up a team that will exclusively work on it and ensure its smooth release and glitch-free functioning. Say hello to the talents that comprise this amazing team:
Kapil Gupta - Product Engineering Manager | 11+ years of experience as technology leader in creating, managing & scaling high performance software development teams | He possesses expertise in Software Engineering, Software Development Life Cycle, Project Management, Service Delivery Management, and Team Development & Leadership.
Rishabh Garg - Product Development Manager and Lead of Social Smart Card Project | 8+ years of work experience majorly with Google India, Citibank and PolicyBazaar | He has expertise in Product Management, Product Strategy, Business Strategy, Digital Marketing, Team Management, Analytics and Customer Experience.
Omer Bhat - Social Smart Card Creative Head | 7+ years of experience in Mobile and Web UI/UX, 3+ years of experience in Product Design | His prime role is to improve and develop Sagoon Identity.
Kritika Kataria - Business Analysist | 8+ years of experience majorly with Infosys, IBM and Polaris | She holds expertise in Business Analysis, Requirements Engineering, Visual Modelling and Business Development.
The team will start with analyzing the results we got when we rolled out the beta version of the smart card to 96000 users. This will help them in rectifying the design, improving the functionality and adding new features to the card. It will also conduct a survey to collect users' expectations and take into account the current trends in social media and e-commerce so that the card is developed in sync with the changing market trends.
Good luck to them!
A quick demo run of Sagoon’s mobile app 16 September 2017, Sagoon, Delhi-NCR, India Last Saturday, i.e, 16.09.2017 an exciting event occurred at Sagoon. It was the day we brought to...
Last Saturday, i.e, 16.09.2017 an exciting event occurred at Sagoon. It was the day we brought to the forefront the first glimpse of Sagoon’s upcoming mobile app for android. Months of research, hard-work and solid determination from group of designers, developers, testers and of course, the brilliant minds behind the idea has given birth to an amazing app that’s ready to take the world by storm.
And what better global platform than Facebook to make the grand announcement? Team Sagoon went live on Facebook and ran a demo for the app showcasing its unique and cool features. The response from users and Sagoon fans was more than anyone could imagine.This gave us the confidence that millennials are anxiously awaiting the state-of-the-art Sagoon app.
We followed it up with an open discussion and suggestion round where every minute detail of the app was reviewed by all team members. Little bugs that have been detected during the session will be closely monitored and worked on before the world sees and enjoys Sagoon mobile app for all android users.
Highlights of Sagoon’s grand affair at Taj Vivanta 9 September 2017, Surajkund, Faridabad, India Taj Vivanta, Surajkund Faridabad was perfectly suited and decorated for the Sagoon’s founders...
Taj Vivanta, Surajkund Faridabad was perfectly suited and decorated for the Sagoon’s founders meet team event on 9.09.2017. The founders were ready, Sagoon team members, all business partners and close associates all arrived at the venue looking debonair. The stage was ready for for something that had never happened before. Anticipatory glances gave way to the first chunk of the event.Swati commenced the event by giving an introduction of our founder Mr. Govinda Giri. Also, in her introductory speech Swati made sure that the inspirational tone of the evening remains afloat by asking some retrospective questions related to each individual’s role in Sagoon.
Then it was time for some meaningful, yet gentle sermons from Mr. Govinda Giri, who very generously laid out his journey from the hills of Nepal to working at the Pentagon, USA, where he worked for 13 years. And how he gave that all up to start his own search engine Sagoon in 2009. But destiny had different plans carved out for this achiever, and there he was standing in front of that audience as a founder of Sagoon, the next big social media revolution. More than a few jaws dropped that evening witnessing the valor and a farsighted ambition of this magnetic personality.
Team Sagoon was also in for some deserving appraisals and job confirmations. And also the announcement of the monthly performance booster - “Prince of the Month”. Everyone present received vouchers from Amazon which was quite a lovely surprise. All in all, the evening was the mark of a new beginning and a commitment to change people’s lives with innovation and greater technology.


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Plymouth’s factories are seeking urgent advice from the Government on whether they should be working during the coronavirus pandemic amid public fears that staff are being put at risk.
The majority of the city’s manufacturers are up and running, with many of them fulfilling much needed orders.
But there are concerns about whether staff are putting themselves and others at risk from COVID-19 by turning up at work.
Prime Minister Boris Johnson, in announcing draconian measures to keep people at home, expressly closed businesses in some sectors, but he did not tell factories to shut.
This has led to confusion among bosses and the manufacturers’ organisation Make UK and Plymouth Manufacturers Group (PMG) are seeking an urgent explanation from ministers.
Firms such as Babcock International, Princess Yachts, Rittal-CSM, Barden Corporation, Kawasaki Precision Machinery, Bandvulc, Alderman Tooling, BD and Plessey Semiconductors, are still operating. However, luxury bed manufacturer ViSpring has temporarily shut its vast Ernesettle factory.
Some of these companies are engaged in vital medical, defence and logistics work, essential in the current crisis. Others, however, may not be, adding to confusion over who should be operating.
Princess Yachts, in particular, has come under immense public pressure for continuing production during the pandemic, with some people claiming it is only engaged in production of a non-essential item.
PMG also wants clarification on other recent announcements, including who qualifies as key workers and how the Job Retention Scheme, which guarantees laid off workers 80% of salaries, works for manufacturers.
Steve Gerry, PMG secretary, said firms are trying to do the best they can to keep their workers safe but need guidance on whether to keep operating, and stressed: “Everybody is treating the health and wellbeing of people extremely seriously – they want to do what’s right.
“So we are seeking clarification from the Government following the Prime Minister’s announcement. Everything we have read seems to imply manufacturing can continue but we are waiting further clarification.”
He added that some firms wanted to know what constitutes a key worker, details about statutory sick pay and availability of grants, and said: “There’s also lack of clarity over furloughing.”
But he stressed: “Firms have heightened hygiene arrangements and maximised the number of people that can work from home.”
Meanwhile, the crisis has interrupted day period of relative stability for manufacturers following the turmoil surrounding the UK’s Brexit from the EU.
Mr Gerry said most firms’ stocks of materials have not run down yet, with some having stockpiled in case of a Brexit problem.
And he said trade had been good, pre-coronavirus, though the relaxation of restrictions in China now meant “encouragingly there are orders from China coming back into the system”.
But he said: “People are seeing longer term problems on the horizon. We are taking it one shift at a time.”

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First look inside Deja Vu as new shop opens in King Street in South Shields
The campaigner behind the revival of South Shields market has put her money where her mouth is as she opens a new King Street store.
Businesswoman Carol Gibson welcomed her first customers through the doors of her new fashion and furniture shop, Deja Vu, in South Shields on Monday, January 6.
With years of experience in fashion and furniture retail, the former business development manager, from Jarrow, chose King Street for her latest venture, after launching a campaign to rejuvenate the once-thriving weekly market last year.
The Christmas market event, organised by Carol – with the help of local businessman Josh Trueman and market manager David Amess – in December saw thousands of shoppers descend on the town, and her Facebook group Bring South Shields Market Back to the Way it Was now has more than 8,500 members.
“There is massive potential in South Shields,” said the 53-year-old.
“We've got so much here, we've got the beautiful coastline and the Customs House, we just seem to have this gap in the middle. It’s the way the economy has gone, a lot of high streets are the same, but South Shields has as much as many other places, it has the potential to be like York.”
She continued: “Since I said I was coming here other businesses have said that they would like to be involved and I’m working closely with local businesses like Cafe 42 next door. We’re all supporting each other.”
Deja Vu stocks a wide range of fashion, furniture, homeware and accessories, with a focus on bringing Italian clothing brands to women size 12 and above at affordable prices.
“My vision is to have nice, classy stuff and to try and keep the price as low as I can, while offering a good service,” said Carol.
“I have a lot of customers from outside the area, so hopefully the shop will bring in people from Sunderland, Morpeth, Durham and Carlisle as well.
“The response has been lovely and the comments I've heard from people is that it’s just what we need.”
Deja Vu is located at 123 King Street and is open from 10am-5pm Monday-Friday and 10am-4pm on Saturdays.


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If you don't have a Prime subscription but want to check out some of Amazon's original series, you're in luck. The company has made ten pilot episodes from some of its best dramas, comedies, and kids' series free to watch on YouTube and Facebook for the first time ever. The lineup includes Amazon's most-streamed show, The Man in the High Castle, as well as Mozart in the Jungle and Transparent, both of which have won multiple Golden Globes.
This new promo is an attempt by Amazon to make its video content a bigger incentive for people to sign up for Prime at $99 per year. By putting free episodes on YouTube and Facebook, the company is better able to generate buzz and encourage viewers to comment and share their opinions on its best shows.
Not that people need that much convincing: Prime has seen some strong momentum recently, with membership growing over 50 percent in 2015. Naturally, Amazon wants to keep that growth going. It's now working on exclusive Jack Ryan and Woody Allen series, and is partnering with former Top Gear hosts Jeremy Clarkson, James May, and Richard Hammond for a new car show. Whether or not these new series and free pilots are enough to entice you to pay for Prime, you can't doubt Amazon's effort.


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NETHERLANDS, Eindhoven : Police investigates the surroundings of a depot of Swedish furniture concern Ikea in Eindhoven, southern Netherlands, after an explosion in a garbage can in the parking lot of the shop, on May 30, 2011.
Small explosives concealed in alarm clocks detonated at Ikea furniture stores in Belgium, France and the Netherlands, Belgian authorities said on Tuesday.The explosions in stores in the Belgian city of Ghent, Lille in northern France and Eindhoven in The Netherlands caused no damage or injuries.
"The information we have is that the explosions happened the same way in all locations, with booby-trapped alarm clocks that had been hidden exploding," An Schoonjans, spokeswoman for Ghent prosecutors, told AFP.
In Ghent, an employee and a security agent complained of ear aches after two small explosions, which detonated almost simultaneously before the store closed Monday evening.
Two booby-trapped alarm clocks were detonated by remote control, Schoonjans said.
The spokeswoman said the circumstances were similar in Eindhoven and Lille, but she was unable to provide details.
"We are in contact with judicial authorities in Eindhoven and Lille to see if there is a link between the three affairs," she said.
Belgian police were to inspect the country's six Ikea stores.


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2016 has been an eventful year for the Indian automobile industry. It has been a mixed bag as the sales of four-wheelers and two-wheelers grew significantly in the Indian market. But there were hurdles in the way and the manufacturers tried their best to overcome them.
Here are the top 5 happenings in the Indian automobile industry in 2016.
1. Delhi Diesel Car Ban
It was a big surprise to manufacturers and consumers when National Green Tribunal (NGT) instructed central and state governments to stop procuring diesel vehicles. The diesel cars with engines up to 2,000cc and above were banned from registering in the Delhi/NCR region.
The car manufacturers such as Tata Motors, Mahindra & Mahindra, Mercedes-Benz and Audi were most affected. After the manufacturer's plea in front of the Supreme Court, the ban was lifted on a condition of green fine.
2. New Safety Norms To Be Adopted
India is lagging behind when it comes to the safety of both passenger vehicles and pedestrians. But soon stricter safety norms will come into effect. The crash test will be compulsory for Indian cars from October 1, 2017. Apart from that safety equipment such as ABS and airbags will be mandatory from October 1, 2020.
3. Volkswagen Diesel Emission Scandal - India Impact
In September 2015, German auto giant Volkswagen's biggest scandal came into light. The manufacturer used a test cheating software on its 11 million diesel cars including VW, Audi, Porsche, Skoda and Seat. The emission scandal was first broke out in the US.
After several recalls in the US, Europe and global markets, Volkswagen announced a massive recall in the Indian market. The company recalled 1.90 lakh cars in India and clarified that it was a voluntary recall to fix the cars and it was not facing any charges in the country.
4. New Motor Vehicle Amendment Bill
The Union Cabinet finally passed the much debated Motor Vehicles (Amendment) Bill 2016 which brings stricter laws and fines for the safety of vehicles. So if you're caught violating traffic rules the fines will be a lot more than you expect. This is a significant move to emphasis the importance of following the rules.
5. Impact Of Demonetisation
November 2016 was an eventful month for the Indian automobile sector. The demonetisation of Rs 500 and Rs 1000 notes in the middle of festive season took a toll on the sales. tHe sales figures for passenger vehicles, commercial vehicles, three-wheelers and two-wheelers plummeted to all-time low in four years. However, as the month progressed the conditions improved and the manufacturers are slowly getting back on track.
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It turns out the looting situation in San Leandro on Sunday night was even more extensive and egregious than already reported, as we're now learning about a car dealership that lost between 70 and 100 vehicles to looters.
A Walmart store and an adjacent Burlington Coat Factory in San Leandro were broken into, vandalized, looted, and the Walmart was left smoldering into Monday morning in an apocalyptically chaotic scene of civil unrest.
And as KRON4 reports, stores in the Marina Square shopping center, including a Nike clearance warehouse, were also looted that night. And across the street, a large group of looters broke into a Chrysler Dodge Jeep Ram dealership and drove off with at least 73 vehicles — in some cases, ramming other vehicles to get them off the lot.
Dealership owner Carlos Hidalgo tells the station that the looters had about five hours in which to pillage the cars, because police were overwhelmed dealing with incidents in other parts of the city — including the looting of the Walmart.
"They drove a car right out of my showroom and fled," he says. He expressed sympathy for protests, saying, "A life cannot be brought back. These cars can be replaced and they’re insured but you know we need to not act or react this way." He added that the looting impacted his employees, who were all just recently back on the job trying to sell cars again.
On Monday, as KPIX reports, Hidalgo initially believed about 50 cars were missing, after looters gained access to the key safe inside the dealership. But that number rose to at least 73 on Tuesday, and employees told the Chronicle the number could be over 100.
We Have To Do Better As People Smh! (This Not My Video)— Coach Mal💯 (@Coachmal_) June 1, 2020
San Leandro Ca pic.twitter.com/AVhrjuDMai
Sgt. Ray Kelly, a spokesperson for the Alameda County Sheriff's Office, says there are so many looted cars out on the road that sheriff's deputies have been spotting the dealer plates all over the county.
Stolen vehicles included expensive Dodge Challenger SRT Hellcats, which start at $60,000, as well as trucks, Jeeps, and Chargers.
Hidalgo tells KRON4 that about 20 of the stolen cars have been recovered, and employees have spent the last two days just repairing the vehicles that remained that were damaged in the chaos.


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Sometimes the corned beef is the laggard in the supply chain, and sometimes it’s the rye bread. The growing use of singular sales promotions at chain restaurants is straining their abilities to manage inventory, WSJ Logistics Report’s Erica E. Phillips writes, leaving the companies looking to solve a disconnect between the strategy and the sandwich counter. The concern at restaurant chains like Subway are part of a broader challenge in the retail world,...
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Sometimes the corned beef is the laggard in the supply chain, and sometimes it’s the rye bread. The growing use of singular sales promotions at chain restaurants is straining their abilities to manage inventory, WSJ Logistics Report’s Erica E. Phillips writes, leaving the companies looking to solve a disconnect between the strategy and the sandwich counter. The concern at restaurant chains like Subway are part of a broader challenge in the retail world, where a wide range of companies use special promotions to cajole, lure, push and prompt consumers to boost their buying. The marketing brainstorm may not match carefully-crafted supply chains, however. National chains rely on a sprawling network of suppliers set up to ship tomatoes, hamburger buns and other staples in regularly scheduled truckloads, and they’re not always equipped for a surge in demand for pumpkin-spice milkshakes or Nashville hot chicken.
Amazon.com Inc. is moving faster to blend its fast-delivery operations with its burgeoning physical retail space. The e-commerce giant is putting company veteran Steve Kessel, a central figure who oversaw development of Amazon’s digital strategy, in charge of the Prime Now operation, Amazon Fresh and its recently acquired Whole Foods business. The WSJ’s Laura Stevens writes that Amazon wants to push changes through those platforms as smoothly as possible as it tries to reinvent the way consumer shop in stores. Analysts, investors and rivals are watching Amazon’s efforts, and in particular how it integrates Whole Foods. The changes could include combining supply chains of its grocery operations and adding fast Whole Foods deliveries. Amazon has started placing its delivery lockers for customers in its stores, and bigger, more aggressive moves could be coming with Mr. Kessel in charge of the delivery and store operations.
Macy’s Inc. and Kohl’s Corp. are taking somewhat different paths to what they hope is the same place. The retailers are trying to withstand a decaying market for department store sales by realigning operations, the WSJ’s Suzanne Kapner and Austen Hufford report, with Macy’s paring back its commitment to retail space while Kohl’s extends a push to extend its pitch to online consumers. Kohl’s is seeing its sales increase slightly, but the company says its gross margins are slipping, partly due to higher shipping costs from an increase in online orders. Making e-commerce sales pay off has been a big challenge for department stores, and Kohl’s is trying to get the best of its physical-store and online sales by keeping stores open. Macy’s has been shuttering some stores, but its same-store sales are still falling. Both companies are facing bigger trends: Department-store sales in the U.S. fell 0.8% year-over-year in the third quarter while business at nonstore retailers, largely online companies, expanded 9.8%.
SUPPLY CHAIN STRATEGIES
A grain trans-loading facility in Maumee, Ohio.Photo: Bloomberg News
U.S. farmers are harvesting grains in record numbers, but it’s unclear when the yield will get into global supply chains. The U.S. Department of Agriculture is raising its forecast for the corn harvest for the 2017-2018 year thanks in part to a record yield, the WSJ’s Benjamin Parkin and Jesse Newman report, exacerbating a glut of grain supplies that has kept prices low. The extra supply could push corn futures lower still, and push farmers to stockpile more of the crops in hopes of stronger demand and higher pricing, particularly in foreign markets. That could extend a downturn in grain shipments in bulk shipping markets for several more months. Grain shipments on U.S. railroads were off 11.8% year-over-year in October, according to the Association of American Railroads. The carloads rose from September in a modestly improving market for farm products, however, and rising prices would send more of the crops to rail terminals and export gateways.
“ We barely had enough avocado secured to get through that promotion. ”
Number of the Day
Year-over-year increase in October import container volume at U.S. ports covered in the Global Port Tracker report.
IN OTHER NEWS
President Donald Trump delivered a full-throated assertion of economic nationalism, telling a Pacific Rim summit the U.S. wouldn’t enter multilateral trade agreements that “tie our hands.” (WSJ)
The European Union says in an upgraded economic outlook that the eurozone is on track for its fastest growth in a decade. (WSJ)
The number of Americans filing applications for new unemployment benefits jumped by 10,000 last week. (WSJ)
China’s passenger car sales stalled in October, increasing just 0.4% year-on-year. (WSJ)
Canadian housing starts unexpectedly rose in October. (WSJ)
A large majority of private-sector economists said a U.S. withdrawal from Nafta would weigh on the country’s economic growth. (WSJ)
The Trump administration is pressing Senate Republicans to support Scott Garrett, its embattled nominee to lead the Export-Import Bank. (WSJ)
Talks toward a pared-down Trans-Pacific Partnership were stalled over Canada’s absence. (New Zealand Herald)
The White House is proposing to withdraw Mexican truckers’ ability to operate long-haul routes in the U.S. under a reset Nafta. (Bloomberg)
A United Nations group says higher shipping costs will raise food importing costs 6% this year. (Lloyd’s List)
Indiana regulators found Amazon violated safety rules at a warehouse where a worker died in September. (Recode)
Knight-Swift Holdings Inc. earned $25.5 million in its first quarterly report since the merger of two big truckload carriers. (Commercial Carrier Journal)
The U.S. Army Corps of Engineers is recommending a $321 million project to deepen the Port of Virginia’s Norfolk harbor to 55 feet. (WTKR)
California officials are testing a trolley-like system to move trucks on a highway near the ports of the Long Beach and Los Angeles. (Daily Breeze)
Vietnam is becoming a strong export market for Texas cattle ranchers. (Associated Press)
A self-driving shuttle van was hit by a delivery truck in its first hours of operation in Las Vegas. (MarketWatch)
Paul Page is deputy editor of WSJ Logistics Report. Follow him at @PaulPage, and follow the entire WSJ Logistics Report team: @brianjbaskin, @jensmithWSJ and @EEPhillips_WSJ. Follow the WSJ Logistics Report on Twitter at @WSJLogistics.
Write to Paul Page at email@example.com


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- Film And TV
- 13 Jan 21
Despite its ability to upend the world, tech remains a tool for escapism.
2020 was the year when the world lost its grip on reality. Lunatics thought 5G caused Covid. They burned 5G masts and posted unhinged ramblings (from their 4G phones); QAnon conspiracy theorists babbled about Satanic paedophiles harvesting children’s blood in tunnels beneath America; Donald Trump became the cheerleader for all this misinformation.
Social networks traditionally profited from such untruth and propaganda, whilst shoe-horning users into vacuum tunnels of their own guff, thereby dividing the world further. It took a pandemic and an out-of-control President to finally whip Facebook and Twitter into some kind of line, with both platforms cracking down, sort of, on hate speech and misinformation. Lies spread faster than truth, so social media moderation is a game of Whac-A-Mole.
Under 25s flocked to TikTok, a platform made in China, to post dance videos and watch stupid trends like breakfast cereal water-boarding and home socket electrocution. Yeah, that’s where you can stick your Ice Bucket Challenge, grandad.
Short-form videos provided some respite from elections, pandemics, and institutionalised racism, but so did home entertainment, with streaming services – Netflix, Amazon Prime, Apple TV, and our own networks such as RTE (wasn’t the Toy Show great?) and TG4 – providing good reasons to stay at home and thereby avoid the plague.
Sky, which created one of the greatest TV shows in history in Chernobyl, has added over 40 movies in High Dynamic Range to its Sky Q service for Christmas. Sky Q also refined its voice search, so you can find personalised recommendations while gorging on Harry Potter. Sky Go added more access to Master’s Golf, EFL and Nations League matches. Pick up Sky Q, Netflix, and Sky TV for €30 a month on a 12-month contract via sky.com/ie/tv
Its potential ability to upend the world notwithstanding, tech remains – more than anything else – a tool for escapism. The launch of 4K next gen consoles – PS5 and Xbox Series X/S – is the stuff of dreams. 2020 closed the door on the last generation with remarkable titles such as The Last of Us Part II, Ghost of Tsushima and FIFA 2021. With Assassin’s Creed Valhalla, Watch Dogs: Legion, and the upcoming Cyberpunk 2077 in store for the new gen, there’s more worlds to disappear into in 2021.
Between streaming and gaming, it’s a good time to invest in an outrageously massive TV. Sony’s 4K HDR A9 BRAVIA OLED, and LG’s CX introduce real world visuals into your living room. Don’t forget your friends, though: 5G’s super-fast speeds have bolstered phones such as Google Pixel 5, iPhone 12 Pro and Samsung Galaxy S11. Sorry, conspiracy theorists.
Artists in 2020 swapped the live stage for streamed concerts; and gadgets provided the connection between them and their fans. Three.ie has a Chrimbo selection of treats on offer, such as the Huawei FreeBuds Pro, Huawei’s wireless earphones, and JLab GO Air True Wireless Earbuds. Three.ie is also retailing the ION Air LP Record Player for a cool €99. Disinformation divides but tech, like music, has the power to connect. Over to you…
Read the full end-of-year The Whole Hog feature in the Hot Press Annual 2021 – out now:


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In fact, the odds of a rise of three-quarters of a percentage point rose on Wednesday, though still somewhat off, after the May CPI report.
“The Fed needs to show resolve,” said Todd Lowenstein. “It can’t seem to be unconvinced about this stubborn and persistent inflation. The next two meetings should be half-point rallies.” Chief Equity Strategist for the Private Bank of Union Bank.
But Lowenstein acknowledged that there is a growing debate about whether the Fed should slow the pace of rate hikes, or even pause for a meeting, later this year to assess the impact of higher rates on the broader economy. There is a gap between when higher rates are announced and when they actually slow down consumer spending.
However, not everyone believes that the Federal Reserve has to be this bold. The Fed has begun a process called quantitative tightening, which can slow consumer demand by pushing up long-term interest rates.
Here’s how it works: As part of the Fed’s 2020 stimulus effort, the central bank bought massive amounts of bonds and mortgage-backed securities. This so-called quantitative easing pushed the Federal Reserve’s balance sheet to an impractical size of nearly $9 trillion.
“Quantitative tightening is definitely going to push long-term interest rates higher, and I don’t think the market is taking that into account. Investors may be expecting an overly hawkish Fed,” said Sandy Villier III, portfolio manager at St. Denis J. Villere & Co “The market has overreacted and this gives us opportunities to buy some things.”
Feller said that bonds and some US small-cap companies look attractive. But he acknowledged the need for caution on investors. There is no guarantee that the Fed can slow the economy without causing a recession.
“We will see if the Fed can do this magic trick and get a soft landing instead of a sudden one. There is no doubt that the Fed has waited a long time to respond to inflation,” said Feiler.
“We were hoping we’d have hit peak inflation,” said Jay Woods, chief market strategist at DriveWealth. “But the Federal Reserve does not control oil and gas prices. Consumer spending habits will change drastically.”
Canary technology in the coal mine?
Both companies have significant exposure to US companies. Oracle is a leader in database management and customer relationship software while armies of business graphics designers use Adobe’s creative tools (PhotoShop, Acrobat, InDesign to name a few).
Shares of Oracle and Adobe, like the rest of the tech companies, have fallen this year. Oracle’s stock is down nearly 25% while Adobe’s stock is down more than 30%.
Monday: Oracle earnings
Tuesday: US producer prices
Wednesday: US retail sales. Federal Reserve Policy Announcement
Friday: US Industrial Production
“Reader. Infuriatingly humble coffee enthusiast. Future teen idol. Tv nerd. Explorer. Organizer. Twitter aficionado. Evil music fanatic.”


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XRS Corporation, a provider of mobile trucking intelligence, announced that Verizon is the official wireless provider for the company’s new collaboration with Samsung Telecommunications America, LLC (“Samsung Mobile”). The new product – NXT – creates an integrated mobile device and software package designed specifically for the trucking industry.
The new package brings together XRS compliance and performance tools with Samsung Mobile’s mobile devices. Now, NXT is powered by Verizon’s 4G LTE network, bringing performance and speed to the platform.
“Technology forces in the trucking industry have long been on converging paths, and our new NXT product – powered by XRS in collaboration with Verizon and Samsung Mobile – is a perfect example of how our industry is harnessing the power of technology to benefit drivers and fleet managers,” said Christian Schenk, senior vice president, product & market strategy at XRS Corporation.
NXT is available immediately. It allows drivers and fleets to purchase select Samsung Mobile devices with an XRS trucking intelligence software subscription and ready for activation on the Verizon 4G LTE network. The first device available is the Samsung Galaxy Tab 7.0, priced at a $100 discount from its suggested retail value. The data plan and subscription cost is $54 per month, including $39 for the monthly XRS fee and $15 for the monthly wireless data fee. This charge covers all required subscriptions and data, including the Relay onboard hardware component, as well as FLX messaging, hours of service, electronic DVIR, IFTA state mileage reporting and more.
“With the explosive growth of mobile electronic devices in the trucking industry, drivers have come to expect reliable and fast wireless service while they are on the road,” said Michael Toto, director of alternate channels for Verizon Enterprise Solutions. “This solution is one example of how Verizon is investing in the success of our channel partners as we collaborate to bring new innovative solutions to the market.”
NXT also offers integration with many enterprise transportation products. Over time, the platform collaboration will expand to introduce additional components, including MDM and wearable products.
XRS says its trucking intelligence platform operates in both over-the-road and private carrier configurations and is suitable for fleets of all sizes. XRS runs on certified smartphones, tablets and rugged handhelds that transmit vehicle and operator data through the cloud to a fleet management dashboard.
NXT was developed through the Samsung Solutions Exchange, a newly announced strategic engagement model from Samsung Mobile. The program is aimed at achieving shared value across Samsung Mobile’s rapidly growing ecosystem of enterprise customers, sales channels and alliances.
Customers can buy the NXT product either directly through Verizon at http://engage.xrscorp.com/NXT_VZN or through XRS at http://engage.xrscorp.com/NXT_XRS.


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A year ago, a Facebook fan was worth $174.17. Today it's up to $8.5 million. The New York Times' Stephanie Strom reports this morning that General Mills has included language on its website "...to alert consumers that they give up their right to sue the company if they download coupons, “join” it in online communities like Facebook, enter a company-sponsored sweepstakes or contest or interact with it in a variety of other ways." Considering that last year GM paid $8.5 million to settle a single consumer complaint over product packaging, this new social media engagement tactic dramatically raises the potential value of a like.
No longer equated to what a consumer might spend, a Facebook like is now worth what a consumer might sue for. Henceforth, in considering the value of social media engagement to organizations, public relations measurement may find that expenses avoided are far more important than such trifles as promoting sales. -- Bill Paarlberg, editor, The Measurement Standard
Update 4/18/14: The NYTimes ran an update today, quoting a not-quite-eloquent General Mills spokesman: “No one is precluded from suing us merely by purchasing our products at the store or liking one of our brand Facebook pages. For example, should an individual subscribe to one of our publications or download coupons, these terms would apply. But even then, the policy would not and does not preclude a consumer from pursuing a claim. It merely determines a forum for pursuing a claim. And arbitration is a straightforward and efficient way to resolve such disputes.”


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Kenya’s daily deals website, Rupu, has sent out an invite to the subscribers on its mailing lists. The invite asks the subscribers to register for the scoop on the launch ofwhich will be a virtual shop for computers, shoes, phones and clothes. The Rupushop will have its own URL on www.rupushops.co.ke.
Rupu promises to launch the platform soon and also do 24/7 delivery. The payment for the products will be handled by Pesapal. Daily deals business is still nascent in the region and we don’t know how much Rupu makes


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It's HUGE. Monster Pizza MKE opens today on East Side
There's something big coming to Oakland Avenue on Milwaukee's East Side.
Monster Pizza MKE opened today at 11 a.m. at 2856 N. Oakland Ave. in the former SoLo Pizza.
The restaurant specializes in behemoth pizzas which measure 28 inches in diameter. Pies are available whole ($32) or by the slice for $3-4 (slices measure in at 12 inches from crust to tip) in 18 specialty combinations including chicken 'n' waffle, barbecue port tot and Sriracha chicken bacon ranch (pictured). Customers can also build their own pizzas with a choice of more than 40 different toppings.
Monster Pizza also offers salads (both single and monster sized), monster sticks and monster cookies and brownies for dessert. And yeah, you can also order smaller sized pizzas (12- and 16--inch) ... but why would you want to?
The restaurant itself boasts a chic, edgy atmosphere showcasing sleek stainless steel, high top tables and two extensive retro comic book walls featuring more than 1,600 comic book pages on display created by Flux Design.
In celebration of its opening, Monster Pizza MKE will offer $1 slices of cheese pizza from 11 a.m. to 6 p.m. on Thursday, Jan. 12.
Monster Pizza MKE is open seven days a week. Hours are Sunday through Thursday from 11 a.m. to midnight and Friday and Saturday from 11 a.m. through bar time.
Post a comment / write a review.
Disclaimer: Please note that Facebook comments are posted through Facebook and cannot be approved, edited or declined by OnMilwaukee.com. The opinions expressed in Facebook comments do not necessarily reflect those of OnMilwaukee.com or its staff.


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This past year was a big one for Apple, and you might already be well aware if you're looking down at your favorite Apple device. The company announced on January 7 that its customers have downloaded more than 40 billion apps since the App Store's launch in 2008, with more than half of that number coming from 2012 alone.
“It has been an incredible year for the iOS developer community,” said Apple Senior Vice President of Internet Software and Services Eddy Cue. “Developers have made over seven billion dollars on the App Store, and we continue to invest in providing them with the best ecosystem so they can create the most innovative apps in the world.”
Apple detailed that there are more than 775,000 apps available for download in the App Store, with more than 500 million user accounts set up. In addition, December was a record-breaking stretch for store activity, with more than 2 billion downloads in that month alone.
CNET noted that over the last year the App Store's growth has been particularly impressive. In June, Apple made a similar announcement that the store had reached 30 billion downloads and 400 million active accounts. Research firm Flurry Analytics reported that App Store activity is only expected to accelerate in 2013.
If anything should happen to your favorite Apple device as you scurry to download the latest and greatest app, iResQ's iPod and iPhone repair services can get your gadget working again.


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Ubisoft flaunts Assassin's Creed: Liberation HD graphics in new screenshots
Assassin's Creed has had some work done.
We'll begin emailing you updates about %gameName%.
Ubisoft has published a set of images showing off the Assassin's Creed: Liberation HD port, comparing them to the visuals of the Vita original.
The screenshots show some of the ways Ubisoft has elected to use the increased horsepower of the PC, Xbox 360, and PlayStation 3--chiefly new character models, textures, and draw distance.
Ubisoft also says it has improved the facial animations and AI in the upcoming port, but you obviously can't see that in the screenshots. There's a handful of new missions, too.
Assassin's Creed: Liberation HD will be released for the PC, Xbox 360, and PlayStation 3 on January 15. For more information, check out GameSpot's coverage of the Vita original.


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THIS YEAR’S ‘Ghana meets Naija’ happening on Saturday, June 9, 2018 promises to be bigger and exciting as Empire, the event organiser, parades more than 10 artistes on one stage at the all new Fantasy Dome inside Trade Fair.
The conveniently located and secured Fantasy Dome, which seats over 8,000 patrons, will be hosting the likes of Stonebwoy, Yaa Pono, Kidi, Kuami Eugene, King Promise, Patapaa and Fancy Gadam. Then Wizkid will be leading the Nigerian front, including Mr Eazi and Mayorkun.
As part of the experience, patrons can conveniently buy tickets wherever they are just by downloading the flexipay app and within a minute the transaction is done.
Tickets selling at GH¢120 as Regular comes with a free drink, GH¢200 which comes with free cocktail servings, GH¢300 comes with two free cocktail servings and a Platinum ticket or table seating comes with unlimited drinks on the night, coupled with free finger foods and front row seating.


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ASIC flags concerns over adviser's website
The authorised representative of a dealer group and SMSF administration firm has taken down their website after AISC raised concerns about the images and references it continued.
Mr Stephen Burgin, an authorised representative of Interprac Financial Planning, closed his website following concerns that the image and references on the website implied endorsements or approvals which were not actually held.
Interprac Financial Planning is a licensing provider and also offers SMSF administration services.
The concerns ASIC had in relation to the website included references to Mr Burgin as “a senior ASIC licensed adviser” and “an ASIC licensed fractional property consultant”.
“Neither of these approvals is available or possible as ASIC does not license individual advisers,” ASIC said.
“ASIC was also concerned that statements on the website may have created incorrect impressions about the benefits of investing in the financial products promoted by the website.”
ASIC also stated that certain statements on the website may have falsely given an impression to potential investors that their investment would entitle them to the benefits of direct land ownership by, for example, equating investment amounts to land size.
ASIC acknowledged the prompt action taken by Mr Burgin and Interprac Financial Planning in responding to its concerns.
ASIC deputy chairman Peter Kell said financial products must not be promoted in a way that could mislead consumers about the benefits of the product or the product's endorsement.
“We will be particularly concerned where advertisements falsely claim endorsement or approval by ASIC,” said Mr Kell.


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2013 Lexus LS teased before July 30 debut
Earlier this month, Lexus confirmed that it will be unveiling the all-new 2013 Lexus LS flagship sedan on July 30 in San Francisco. The luxury brand has now dropped a smokey teaser giving us the first look at the profile of the next-generation LS.
The 2013 Lexus LS will be available in four trim levels: LS 460, LS 460 L long wheelbase, LS 600h L hybrid sedan and LS 460 F SPORT.
It will be the first time ever that the LS has been available with an F SPORT package.
Stay tuned for more details.
– By: Omar Rana


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Japanese Prime Minister Fumio Kishida and US President Joe Biden agreed on Monday to deepen bilateral economic security cooperation to bolster supply chains for critical commodities like semiconductor chips, amid global shortages that has even hit automobile and electronics industries in countries like India.
With the world facing a supply crunch amid the COVID-19 pandemic that has been exacerbated by Russia's invasion of Ukraine, a stable supply of chips during disruptions, such as conflicts and natural disasters, has become a matter of urgency.
Kishida and Biden during their meeting here confirmed bolstering semiconductor manufacturing capacity and diversification, as well as collaboration on advanced battery supply chains and resiliency of those for critical minerals, Kyodo news agency reported.
"We were able to reach an agreement on economic security cooperation, including the development of cutting-edge semiconductors," Kishida told a joint press conference after the meeting.
The two countries aim to build production structures in their own countries while sharing necessary components, as they recognise the importance of reducing reliance on outside nations for semiconductors, the report quoted Japanese officials as saying.
The two allies aim to make up ground after other economies such as Taiwan and South Korea have led semiconductor production, they said.
"Japan eyes someday building a research and development centre or a production site for next-generation semiconductors that are more advanced than 2-nanometer chips," it quoted a Japanese industry ministry official as saying.
The automobile industry across the world has been hit hard by the semiconductor shortage that erupted during the pandemic as demand for consumer electronics surged. The auto industry accounts for around 10 per cent of the global demand for chips.
In India also all the major manufacturers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors, all have been impacted.
For India's largest carmaker Maruti Suzuki, the company had a production loss of around 2.7 lakh vehicles in FY22 due to the chip shortage.
In early May, Japan's Economy, Trade and Industry Minister Koichi Hagiuda and US Secretary of Commerce Gina Raimondo released what they dubbed basic principles of semiconductor cooperation, after their meeting in which they highlighted the importance of emergency response coordination to tackle chip shortages.
Kishida at the press conference said both sides confirmed they will coordinate further and hold a ministerial-level meeting of the Japan-US Economic Policy Consultative Committee in July from the standpoint of ensuring economic security.
Among the other pledges that emerged from Monday's meeting involving advanced science and technologies, the two countries will accelerate civil space cooperation, such as human and robotic lunar surface missions, the Kyodo report said.


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Expect Increased Police Patrols Along Roads Over Memorial Day Weekend
A Memorial Day weekend like no other.
So much is still unknown during the coronavirus crisis, but also a sigh of relief to some in Michigan as part of the state reopens.
A chunk of northern Michigan and the Upper Peninsula can welcome back customers to bars, restaurants and retail stores.
With some businesses opening up, it could encourage others from downstate to spend the weekend in local tourist hotspots.
But no one is really sure how many people will be hitting the road for the long holiday weekend.
State police tell us they expect an increase in traffic this weekend, especially with businesses opening in the Upper Peninsula and much of northern Michigan.
They’ve also noticed an increase in excessive speeding, we’re talking triple digits in some cases.
There will be an increased state police presence along some of Michigan’s busier roads this weekend.


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Italian for 110, Centodieci celebrates Bugatti’s 110th birthday. The already sold-out supercar pays tribute to original EB110 while adding a huge 8.0-liter W-16 engine. The Bugatti Centodieci came to market at $9 million and only 10 will be made.
Producing 1,600 hp, the stunning supercar goes from zero to 60 miles an hour in just 2.4 seconds, with a top speed of 236 mph. Contrasting the black La Voiture Noire, the white Centodieci won’t be ready for other two-and-a-half years.
The sporty and extreme edges create an elegant, powerful and timeless car that stays true to the past while echoing the future. Newly designed narrow LED headlights and an added extra air inlet to help cool the engine, are just a few of the several features that make this stunning car shine. Along with its classic Italian wedge-shaped, an additional feature is the cars permanently raised rear wing, which can be lowered.


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HUGE news: Infamous Machine will be available to the world via Steam Early Access on Tuesday, March 8!
Here’s a link to the official launch announcement, where you can also find new screenshots and a new trailer: Store.steampowered.com
There’s still plenty left for us to do, but we want to let you know that this past year and a half of development has been a true joy. We’ve had so much fun creating our first (and hopefully not last!) point-and-click adventure, and we hope you have even more fun playing it than we did making it.


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Lockheed, Guardtime Federal Collaborate to Mitigate Supply Chain Cyber Threats
Lockheed Martin is collaborating with Guardtime Federal to mitigate cyber threats across Lockheed Martin Aeronautics' software supply chain.
The partnership will integrate immutable digital integrity into architecture supporting research, design, development, manufacturing, integration and sustainment of the firm's advanced products and services. The long-term agreement is eyed to integrate the aerospace community's first mathematically verifiable end-to-end integrity check from the external software supply chain, through the development process and to verification on delivered military systems, Lockheed said Thursday.
The digital transformation initiative will also reduce cyber threats across the software supply chain using KSI blockchain signatures. According to Lockheed, the deal also enables KSI integration into the architecture of large-scale digitally directed manufacturing equipment.
Ron Bessire, vice president of Lockheed Martin Aeronautics, said their partnership with Guardtime Federal "assures the highest level of digital security" and enhances the integrity of Lockheed's aircraft.
Category: Partnerships and Executive Moves
Tags: agile development cyber threats David Hamilton end-to-end integrity check Guardtime Federal KSI blockchain signatures Lockheed Martin partnership Partnerships and Executive Moves Ron Bessire


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Thankfully for developers, the AltConf organisers were able to reach a mutual agreement with Apple.
AltConf is an alternative WWDC conference for developers that were not lucky enough to get tickets to WWDC, with the conference being held in San Francisco every year. The organisers hold the event for free and stream the WWDC keynote and other sessions for developers visiting their event.
“We’re really happy that we can resolve this for the benefit of the community,” Elkin told us. “It’s the best thing for everyone involved, and we hope we can add some brilliant content and add to the community during the week just like Apple does with WWDC,” he added.
There is a slight catch though; Apple and AltConf agreement only allows the latter to stream the WWDC keynote and the State of the Union sessions to developers visiting its conference. This means that AltConf will not be able to stream individual developer sessions being held at WWDC this year.
Nevertheless, it is still nice to see that Apple is allowing AltConf to stream at least some of its sessions to developers attending the alternate developer conference.[Via AltConf blog]


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Earlier this year, the U.S. Census Bureau found that a great percentage of the American population holds a bachelor’s degree than ever before. And at the same time, college graduates are facing record levels of debt from obtaining such degrees.
And as a rise in tuition costs come with a rise in unemployment, the question that seems to be raised is simple: Is college really worth it?
By the looks of some data, the answer seems to be no.
If you’re working your way through your 20s or 30s right now, chances are you spend your day selling things to whatever customers wander into your store, whether that’s at Kohl’s (NYSE:KSS) or Macy’s (NYSE:M).
Because, according to a recent study from Millennial Branding, the most commonly held jobs by Generation Y are in retail.
At first this seems to make perfect sense, considering that Generation Y members tend to fall between the ages of 19 and 30, so many could be working their way through or between semesters of college.
But more and more, they continue to work in retail even after graduation since they are unable to find work in their preferred fields.
Generation Y workers are five times more likely to hold such jobs compared to all workers. And what may start out as a filler job until another position comes available can often end up sticking.
In fact, the data shows that two of the most common Gen Y jobs are floor clerk and clothing sales associate — and over half of the former and 80% of the latter indicated having a bachelor’s degree.
On the one hand, though, considering today’s high levels of unemployment — July unemployment, for one, reached a five-month high with a slight bump up to 8.3% — any job can be a blessing. And that’s especially true for recent graduates saddled with record amounts of student debt.
But being a retail sales associate is the fifth-worst-paying job, bringing home an average salary of only $19,300 a year. The only jobs that pay worse are cashier, barista, hotel clerk or dietary aide. And so instead of being happy that they can pay for their student loans, Gen Y must be asking if those student loans were such a good idea in the first place.
Many young adults could skip the tuition altogether and end up making more money than what they make in retail — and many may start doing just that as tuition rates continue to go up and jobs continue to be hard to find.
On the other hand, for some Gen Y members, there is no question that college indeed pays off. Positions in science and technology pay the best for the age group and, oftentimes, they’re just better jobs all around.
Google (NASDAQ:GOOG), Intel (NASDAQ:INTC) and Microsoft (NASDAQ:MSFT) are some of the best companies for Gen Y based not only on pay, but also on factors like job satisfaction and flexible schedules — probably because no Google employee ever has to face a rush of Black Friday shoppers.
But, more-than-likely, Gen Y kids are doing just that — helping hurrying customers and raking in a meager salary in retail — even with expensive degrees in their back pockets.


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Rayne Man Pleads Guilty To Wire Fraud Worth More Than $100,000
LAFAYETTE, La. (KPEL) -- A Rayne man has pleaded guilty to one count of wire fraud after he redirected more than $100,000 into a bank account associated with a fake company.
U.S. Attorney Stephanie Finley said Tuesday that 53-year-old Joseph Bessee used his position as a salesperson at Interco and created a fake company called INT sales. Using his position, he would arrange for tire sales as an Interco employee, take the customers' account information, then, through a point-of-sale device, process that account information and credit the funds to the fake account.
Finley said Besse obtained $143,872.88 using this scheme.
He faces a maximum penalty of 20 years in prison and a $250,000 fine. A sentencing date has yet to be set.


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DTS, Inc. announced that HiSilicon will integrate DTS-HD decoder and DTS Ultra Mobile audio technology into its K3V2 Application Processor family.
Marvell announced the next generation of Google TVs debuting at CES 2012 will incorporate Marvell’s ARMADA-based Foresight Platform.
DTS, Inc. announced that it is working with Changhong Multimedia to integrate DTS audio technology into the company’s high-definition plasma and LCD televisions.
Marchon3D announced its new 3D clip ons for those who wear prescription eyeglasses.
Netflix, Inc. announced that it has signed licensing agreements with a number of content providers to add hundreds of new titles that Canadian Netflix members can watch instantly on their computers and TVs.
Pioneer Electronics has released new firmware for its current 12x BDR-205 and BDR-S05 Blu-ray Disc (BD) recorders.
Cineplex Entertainment announced that it has installed digital and 3D projection systems at Galaxy Cinemas Moose Jaw, SK and Cineplex Odeon Eau Claire Market Calgary, AB.
DXG USA announced its DXG 3D pocket camcorder (DXG-5D7V) and 3D 7-inch media player bundle, allowing for filming and playback of 3D video and pictures. According to the statement, with the camcorder’s compact pistol-grip design and playback options, consumers can instantly view, record and playback 3D videos or photos directly on the 3.2-inch LCD camcorder [...]
Sony Canada announced that it teamed-up with Future Shop to to showcase its full suite of 3D products at a press conference and product demo session June 9, 2010 in downtown Toronto. According to the statement, on display were the latest Sony 3D BRAVIA TVs and 3D home theatre systems, which showed off two new [...]
RealNetworks, Inc. announced that RealVideo has been shipped on more than 600 million mobile and consumer electronic devices worldwide. According to the statement, strong consumer demand makes RealVideo a requirement for consumer electronic products such as mobile phones, televisions, personal media players, mediaboxes, set-top boxes, DVD/HD players, smartbooks, netbooks, and tablets.
DivX, Inc. and Panasonic announced that Panasonic will introduce DivX Plus HD playback technology in its next generation of 3D Blu-ray Disc (BD) players.
The China Video Industry Association (CVIA), Digital Interactive Interface for Video & Audio (DiiVA) consortium and Wireless Home Digital Interface (WHDI) consortium announced that they joined together last week in Guangzhou, China, to host the first-ever WHDI and DiiVA Developers Conference.
Panasonic Solutions Company announced its new BT-3DL2550, a 25.5-inch 3D LCD production monitor with a full 1920 x 1200-resolution panel. According to the statement, the monitor displays 3D content using an Xpol polarizing filter, so content can be viewed with polarizing (passive) 3D eyeglasses. It switches from Left to Right image display, overlay, Left and [...]
Time Warner Cable announced that beginning April 9, customers will be able to view daily highlights from this year’s Masters Golf Tournament in 3D on demand.


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The Huawei Mate 60 series is in the works, and according to Digital Chat Station, the phone will keep the circular design on the back. The tipster posted a leaked case on their Weibo profile, revealing the island will be even bigger than the Mate 50 series’.
The leakster also stated the main camera will have a 50 MP sensor, suggesting it will be pretty similar to the primary shooter in the previous Mate series.
Huawei Mate 60 case
The Huawei Mate 60 is expected to keep the 1220p resolution, advertised in China as 1.5K. We hope the panel could evolve to an LTPO OLED, as it currently is a regular one without the fancy adaptive refresh rate seen in other flagship smartphones.
Earlier reports suggested the company will launch a smartphone with 5G connectivity – a technology Huawei wasn’t able to use so far. The platform could have been developed jointly with SMIC – Semiconductor Manufacturing International Corporation, which is based in China. The modem could be built on a 7nm process which isn’t cutting edge these days but more than Huawei can offer to its users on the international scene right now.
Source (in Chinese) | Via


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BNK48 members with chief executive Jirat Bawornwatana, far left.
Girl group BNK48 hopes to become the latest twist on the Thai artist management model by mimicking Japan’s popular idol culture and enabling the production of massive revenue.
Jirat Bawornwatana, chief executive and executive producer of the BNK48 office, said the latest girl group model is expected to set a new standard for Thailand’s music culture while creating a better image for the idols.
“BNK48 will help build a well-defined image of idols and make Thailand’s entertainment industry more reliable,” he said.
Mr Jirat said the company’s revenue doesn’t come from artist management alone, but also from product merchandise such as CDs, T-shirts, souvenirs, gaming gear, stationery and mobile accessories, as well as ticket sales.
He said social media will be the key channel for artist exposure and audience engagement.
“Growing a fan base from niche audiences to mass markets is our priority,” Mr Jirat said.
The BNK48 office aims to attract at least 10 sponsorship companies this year. BNK48 is the third international sister group of Japan’s AKB48, after Indonesia’s JKT48 and China’s SNH48.
“We would like Thailand to have something new to leverage in the country’s music industry and be competitive among neighbouring countries,” he said.
BNK48 debuted in Thailand last year and has achieved success with over 100,000 fans within a year.


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Prestigious fashion house Dolce & Gabbana is planning to stream live coverage of two of its major shows to be held in Italy later this week to mobile devices including the iPhone.
The D&G and Dolce & Gabbana Women’s Fall shows, to be held in Milan, will stream live to mobile devices in a move which according to the fashion house demonstrates that they have “always been a pioneer in the technological experimentations of the digital communications market.”
By focusing on apps for iPhone and Android devices , which together account for 82% of the US smartphone market and 70% of Europe, D&G believe that they will have the ability to connect with younger, tech-savvy consumers in an effort to build their international brand.
The world of haute couture is witnessing an escalation in major brands competing with high-tech. Today at 5pm CET , Burberry’s show will be broadcast in swanky locations around the globe from its London studio as part of London Fashion Week.
Fashion Wire Daily reports that the D&G show is scheduled for Thursday, February 25 at 3pm CET, while Dolce & Gabbana will be staged Sunday, February 28 at 1pm CET.
The free D&G app is available now in the iTunes Store.


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Dell investor Silver Lake Partners has talked about the possibility of following EMC's example with VMware and spinning off certain Dell products.
Egon Durban, managing director of Silver Lake Partners, said a number of businesses within Dell are "potential spin [off] candidates", during an interview with Fortune magazine.
"There are many high-growth assets inside the business that have potential well beyond the Dell mothership, that are potential spin or combination candidates. We can work with Michael [Dell] and again, taking a very long-term view around portfolio optimisation, not selling them but actually unlocking value," he said.
"I think what [EMC CEO Joe] Tucci has done with VMware is a good example of that, where you can take something that people don't fully understand, buried in the portfolio, and unlock it while still having a partnership with the mothership."
Durban, who also sits on Dell's board of directors, pointed to SecureWorks – a cloud security specialist the firm acquired in 2011 – and Boomi – a cloud integration business bought in 2010 – as potential spin-off candidates.
Dell was taken private in 2013 following a buyout from Michael Dell along with Silver Lake Partners. Michael Dell has subsequently talked up the advantages of going private and indicated he expects more firms to follow this route.
Due to the company's private status, Durban said he could not talk about specific financial results but he did concede during the interview that it may be a "challenging year" for the company.
"I would say this year, vis-à-vis the financials we have actualised last year; we expect this year to be a very challenging year. The company is caught up in a Windows product cycle which is out of the control of the business. And you can see this in the reporting of large public companies. For us again you have big tech firms talking about layoffs, but that is not a priority for us," he said.
When approached, a Dell spokesperson said: "we don't have a comment to share at this time".
CRN's Nima Green caught up with Chris Labrey for a quick Q&A at CRN's recent European Channel Leadership Forum
We caught up with the Atea chief exec at CRN's European Channel Leadership Forum in London
Andy Gillett has been appointed GM for the UK and Ireland
UK is one of two countries to see rollout of vendor's newest subscription service


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The share price of London-listed cybersecurity firm Darktrace yesterday fell almost 8%, extending losses over the past five trading sessions to 14%. The slump in the company’s valuation came after it informed the stock market that staff whose holdings in the company have been locked up since its flotation last April are expected to sell shares over coming weeks when the period they have been blocked from doing so ends.
Hundreds of the company’s employees own around 85.5 million shares they have been prevented from selling from the past year due to IPO rules. However, the lockup period expires at the end of this month and significant blocks of stock are expected to placed on the market by staff eager to cash in on part of their holdings. The company’s share price is around 12% higher than the level it started trading at late last April.
Yesterday Darktrace said it had offered staff with shares who wanted to sell some of them the opportunity to take part in a placing. Based on the response so far it is expected that around 20 million, worth around £80 million at yesterday’s closing share price of £3.69 each, to be sold.
The £2.8 billion-valued company, which is based in Cambridge, employs around 2000 staff, many of whom were awarded shares ahead of the company’s 2021 IPO.
News of the sell-off distracted from a positive trading update delivered earlier in the day that saw Darktrace raise its forecasts for the third time since the start of 2022. The share price gained almost 6% on the announcement of a “strong trading performance” over the quarter to the end of March during which 359 new customers were added to take the total to 6890.
As a result, full-year guidance for annualised recurring revenue growth has been lifted to between 40% and 41.5% from a previous estimate of between 38.5% and 40%. An adjusted earnings margin of 15%-17% is also now expected from a previous forecast for 10% to 12%. The company also upgraded its forward guidance in January and again in March.
Darktrace’s cybersecurity products use machine-learning to adapt to new threats and the company was founded in 2013 as a collaboration between former government intelligence experts and Cambridge mathematicians.
It was originally funded by the technology entrepreneur Mike Lynch who is fighting extradition to the USA on charges of fraud related to the sale of Autonomy, the tech company he founded and sold to HP for $11.7 billion (£7.4 billion) in 2011. Within a year, HP had written off $8.8 billion of Autonomy’s value which it claimed resulted from “serious accounting improprieties” and “outright misrepresentations” by the previous management.