text:
It seems the end of one era and the beginning of another.
Microsoft, which somehow managed to stay out of the social network business until 2016 (aside from some investments into Facebook), now finally has a platform to call its own.
With its acquisition today of LinkedIn for $26 billion, Microsoft not only gains a new business unit, it also acquired some 430 million potential new customers for its cloud and software services.
Let’s take a look at how the acquisition measures up to the rest.
10. Microsoft buys Skype ($8.5 billion, 2011)
It seemed at one point everyone wanted a piece of Skype. Before video calling took off, the software company was owned by eBay and changed hands to a group called Silver Lake Partners in 2005 and 2009 respectively. Everyone began to see the potential of the platform in 2011, however, when Google, Facebook and Microsoft all sought to acquire the company. Microsoft won out in the end.
9. HP buys Autonomy ($10.3 billion, 2011)
At one time, HP was the king of acquisitions. Less than a decade after buying Compaq for $17.6 billion, HP decided to make another big purchase. As in the case of Compaq, its acquisition of software maker Autonomy in 2011 proved unwise; HP admitted a year later that it had overpaid for the company, accusing Autonomy of cooking the books.
Since the deal turned sour, the companies have resorted to finger pointing, with both HP and Autonomy execs fired in the process.
8. Oracle buys PeopleSoft, ($10.3 billion, 2005)
Oracle did not have an easy time acquiring PeopleSoft. The company, which today is the second largest software maker by revenue (after Microsoft) spent a year and a half aggressively going after rival software maker PeopleSoft. It finally came to friendly terms in 2005 when it offered $10.3 billion in cash, or $26.50 a share, for PeopleSoft, up from $9.2 billion or $24 a share which it had previously claimed was its last offer.
7. Google buys Motorola ($12.5 bn, 2011)
In what may sound like a bad deal on paper, Google paid $12.5 bn for Motorola’s mobility business only to sell it to Lenovo for $2.91 billion a couple years later. Yet, this would be to misunderstand Google’s strategy for buying Motorola in the first place.
Unlike most other acquisitions, this was about Google acquiring patents (which the search giant retained after the sale to Lenovo) to defend itself against Apple rather than have an integrated hardware maker. In the end, with the purchase process and delays applied and Lenovo’s payment factored in, Google only paid about $3.5 billion for Motorola’s patent portfolio.
6. Symantec buys Veritas ($13.5 billion, 2005)
In what would be a decade in the making, storage management software maker Veritas Software Corporation was purchased in 2005 and only reemerged as Veritas Technologies Corporation under Symantec this year.
During this time, the software developer was first integrated into Symantec before the latter announced (last October) it would be splitting off the subsidiary, which now handles information management. With the purchase, however, Symantec gained access to Veritas’ various Fortune 500 clients.
5. HP buys EDS ($15.4 bn, 2008)
The second largest of HP’s giant acquisitions was for EDS (Electronic Data Systems), an infrastructure, applications, and business process outsourcing service provider.
Despite the huge sum, price per share for EDS was only $25. The company itself was quite large, with 210,000 employees worldwide. The deal was approved unanimously by both HP and EDS boards of directors.
4. Facebook buys WhatsApp ($19 billion, 2014)
Is $19 billion too much to pay for an app? Not if you’re Facebook, and not if your goal is to simply amass as many users (and their data) as you can.
The 2014 deal which may have costed the social network up to $22 billion when all was said and done, netted it more than just a hugely popular internet-based messaging app, it also came with 450 million users.
In January this year, WhatsApp’s user base had grown to 700 million.
3. Microsoft buys LinkedIn ($26 bn, 2016)
There is a new acquisition in third place, and the title goes to Microsoft. The spot was formerly held by Facebook’s acquisition of WhatsApp.
At $26 bn, this deal would become not only the third largest tech acquisition of all time, but also Microsoft’s largest acquisition under CEO Satya Nadella. However, he is far from the first executive to try to put a stamp on the company with an acquisition.
2. HP buys Compaq ($33.6 bn, 2001)
The purchase of Compaq was, arguably, one of the worst deals in the tech industry. Back in the days when HP was looking to grow rather than shed parts left and right, it acquired the PC maker at a staggering $33.6 bn. This was despite both companies struggling before the acquisition was announced.
The deal that was touted as a shake-up for the industry led to a drop in stock prices to less than half, and was accompanied by accusations of vote-buying among shareholders. Then-chief executive and most recently U.S. presidential hopeful Carly Fiorina was fired for trying to put her stamp on the company.
1. Dell buys EMC ($67 bn, 2015)
In what has now become the largest tech acquisition of all time, and one of the largest in any industry, hardware maker Dell purchased storage giant EMC last year for a whopping $67 bn.
The latter will now be renamed to Dell Technologies. The acquisition will mean that Dell will become relevant in four major areas, namely servers, storage, virtualization and PCs. The company wants to be an end-to-end technology provider.
Honourable mention: AOL buys Time Warner ($106 billion, 2000)
It’s hard to talk about Salesforce’s price tag of $55-70 billion without recalling the biggest tech acquisition of all time. While AOL paid the twelve-digit figure for the media corporation, the former has all but faded in part due to the dot-com bust.
How would a Salesforce acquisition by Microsoft fare today?


text:
New diet fads and trends have been cropping up out of nowhere for years and years, but do any of them actually work? One of the most recent diet fads is the Acai Berry Cleanse diet. This diet cleanse is said to be scientifically formulated to cleanse the digestive tract and get rid of any excess matter that could be clogging a person’s system. In just days, you can allegedly experience increased regularity, reduced bloating, and a flatter abdomen. The marketing of the Acai Berry Cleanse says it provides a powerful antioxidant blend to protect your digestive tract from harmful free radicals. The cleanse is supposed to gently flush away excess waste and toxins, cleansing your digestive system and enhancing healthy intestinal function. The purpose of this diet is to clear away any excess weight that may be trapped in your colon. It is supposed to flush away unwanted pounds in just two weeks.
Conversely, there is no medical evidence that this cleanse works, and some people are not happy with the way it is being marketed. Acai has no more antioxidants (which do not aid weight loss) and other beneficial properties than locally bought fresh berries. Acai’s popularity has surged on bogus marketing claims, said Jonny Bowden, a certified nutrition specialist and author of several health books. “Virtually every berry — blueberry, strawberry, goji, acai — are anti-inflammatory and high in antioxidants,” Bowden said. “This particular one is exotic. It’s found in Brazil. It’s been marketed to have more of a magic ingredient. It’s been over-hyped and marketed to death. There are claims to curing cancer, curing baldness that is all over the place.” Like most berries, acai has good nutritional qualities, but “there is not a drop of research” that supports marketing claims that it prevents weight gain and facial wrinkles, Bowden said.
There have been recent claims made that Britney Spears is dropping large amounts of weight by using the acai cleanse. Bowden claims Spears used to run 120 minutes a day while on tour. Her endurance is more than a normal person’s. For her fitness plan Spears doesn’t get expert guidance. “She knows how to get back in shape,” her former trainer Bobby Strom tells Us magazine. “She’s a pro”. The “Toxic” singer has also reportedly given up popping laxatives and diet pills to lose weight. She replaced unhealthy sodas and fast foods with five small, protein-packed meals a day.
Britney Spears’ solution is simple – healthy snacks [fruit, nuts and low-fat yogurt] and six small meals a day. The days of simple carbs, such as pasta and white flour, are long gone. And even her Starbucks Frappuccino habit has been cut down.
Some diet products pay mega bucks to celebs in order to use their name in advertisements.
Sophomore Steven Rivera Camacho believes that “diet pills don’t actually work because in the long run those pills can harm you, I would rather do a natural diet like changing the way I eat, than putting something foreign in my body”.
Diet pills are not something useful to achieve a way of weight loss. Good, old-fashioned workouts and meal plans are the way to safe and healthy weight loss!

domain: news


text:
- Market Intelligence
- News Data Feeds API
- Executive Briefings
- About Us
- Contact Us
- Case Studies
- Data Sheets
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announced today the launch of the MONOPOLY Cruise for Cash Promotion in partnership with Princess Cruises, a brand within Carnival Corporation. The multi-channel MONOPOLY Cruise for Cash promotion will include a variety of MONOPOLY game-based qualifying events at partnering land-based casinos and Princess cruises, as well as online throughout 2018.
German IT services and solutions provider SAP said on Monday that it has successfully integrated its S/4HANA business suite with Larsen & Toubro Infotech to enhance its operations globally. “We have helped several global companies with their SAP S/4HANA programmes and found it to be the right platform for our own digital transformation,” said Aftab Ullah, chief operating officer, Larsen & Toubro Infotech (LTI).
Software giant SAP and the Department of Water and Sanitation are involved in a “double billing” scandal where hundreds of millions were wasted. The City Press reported that the department purchased R950 million in “unlimited” SAP software licences for itself, all nine water boards, and the Trans-Caledon Tunnel Authority (TCTA).
IBM Australia’s revenue for the year ending December 2017 came in at $2.8 billion, representing a $401.8 million drop from the previous year’s $3.2 billion. The latest financials for the local arm of the global integrator, which were lodged with Australia’s corporate regulator on 20 April, reveal a continuing downward trend in terms of revenues.
John Flannery sent a group of GE’s top executives to its corporate retreat center in Crotonville, N.Y., for a week to work on building a new operational system.
Amid rapid digitization of manufacturing, machine builders (OEMs) need to provide a better service to improve their customers’ agility and market responsiveness.
ABB AbilityTM enabled range of products take transformers into the digital age enhancing reliability and efficiency The ABB AbilityTM Power Transformer, unveiled at the 2018 Hanover Fair, in Germany, will be the world’s first integrated solution for digitally enabled power transformers, fundamentally changing the transformer paradigm.
Luxottica Group has unveiled a new travel shopping-exclusive sunglass model from Oakley. The Oakley Targetline, which comes in both Global-fit and Asian-fit versions, will be available from May with a suggested retail price of €142. The Oakley Targetline eyewear is said to be enhanced with design and technical innovation that focuses on elite performance and style.
NEW YORK – With the firm having still to commit to the newest incarnation of the Bangladesh Accord on Fire and Building Safety, Abercrombie & Fitch stores across the United States have been the subject of protests from workers’ rights campaigners.
Accenture (NYSE: ACN) will host a live audiocast of its Investor & Analyst Conference on Wednesday, April 25 in New York City.
New Delhi, April 23, 2018: Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions today announced its collaboration with the state government of Andhra Pradesh to establish country’s first Cyber Security Operations Centre (APCSOC) in the city of Vijayawada.
Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named a Leader in the IDC MarketScape for Canadian Security Services.
Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been positioned in the ‘Winner’s Circle’ in HfS Research’s 'Enterprise Artificial Intelligence (AI) services 2018 Blueprint'.
Amazon.com Inc. (AMZN) has become the latest big-name tech company to move into the blockchain space. In a blog post on Thursday, Amazon Web Services (AWS), the e-commerce giant's cloud computing arm, announced the launch of AWS Blockchain Templates, “a fast and easy way to create and deploy secure blockchain networks using open source frameworks.” The new product, which TechCrunch notes will compete with similar offerings from IBM Corp.
A retail delivery service that uses personal shoppers to hand-pick groceries and other items is now available to some North Fork residents. As of Wednesday, Instacart expanded its reach eastward, making personal grocery shopping available to local customers of BJ’s Wholesale Club, Costco, Best Market and CVS.
TCS’s fourth quarter revenue growth — 11.7% year-on-year in dollar terms — surprised the markets and sent the software company’s share price soaring by 7% on Friday. In an exclusive interaction with TOI, TCS CEO Rajesh Gopinathan & COO N G Subramaniam talk about how a business framework they adopted to deal with the new digital world has transformed the company.
New Delhi & Pune, India, April 23, 2018 : KPIT Technologies (BSE: 532400; NSE: KPIT), a global technology company specializing in IT consulting and product engineering, announced today that it has partnered with the Indian Government to support the first Smart India Hackathon 2018 - Hardware Edition.
Water University, a high-tech learning environment at Nalco Water’s Naperville Campus, is dedicated to developing people through hands-on learning activities. The 3-day technical workshop is unmatched in the industry and provides an opportunity to share knowledge with customers to help them learn how to Minimize Water, Maximize Results and optimize Total Cost of Operations.
Stockholm - Tele2 AB, (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B): The Board of Directors of Tele2 has decided, in agreement with the Board of Directors of Com Hem, to update the preliminary financial framework announced in January for the combined company of Tele2 and Com Hem, by introducing new and more specific policies for financial leverage and shareholder remuneration.
Tele2 AB, today announces its consolidated results for the first quarter 2018. CEO comment: ”The first quarter of 2018 marks the beginning of a year of major transformation for the Tele2 Group.
Telefônica Brasil (NYSE:VIV) announced an annual dividend on Monday, March 26th, NASDAQ reports. Investors of record on Monday, April 16th will be paid a dividend of 0.384 per share by the Wireless communications provider on Monday, April 16th.
Telefonica has begun integrating its ‘Aura’ voice-activated assistant to the Movistar+ pay-TV service in Spain a couple of months after launching the system at MWC 2018, reports ADSL Zone. The AI-powered tool will be added to the Movistar+ app on iOS and Android, allowing subscribers to request content, recommendations and TV schedules using voice control.
Operator Telia Estonia announced that its revenues grew by 2.9 percent year-on-year to EUR 71.5 million in the first quarter. Profit of the company increased by 8.6 percent to EUR 23.5 million. At the end of March, the mobile subscriber base was up by 33,000 year-on-year to 934,000.
Three new retailers and an expansion of Kmart are part of a $10million proposed upgrade of Stockland Gladstone. The retail giant has opened tenders for the work to its Dawson Hwy shopping centre. The east mall upgrades include a new entry structure, taxi waiting area, improved landscaping and signage.
The Royal Sands Koh Rong hotel on Monday marked its official launch as the first luxury resort on Cambodia’s most visited island.


text:
Mission Pharmacal announced Friday that it would be relaunching its Lithostat (acetohydroxamic acid) kidney stones treatment.
Entrepreneur and TV personality Bill Rancic joined the Dr. Smith's Diaper Rash Ointment team to celebrate the launch of the brand in Walgreens stores across the country, Mission Pharmacal announced.
Mission Pharmacal has launched what it called an alternative to pill therapy for osteoporosis.
A U.S. drug maker has made a deal with a Swiss company to manufacture and sell a new osteoporosis treatment in North America.
Drug maker Mission Pharmacal has launched a treatment for urinary tract infections....


text:
According to the National Retail Federation, spending will be up this Halloween season. The organization predicts that of the seven out of 10 Americans getting into the festivities, spending will be up an average of $7.50.
The Prop Room Manager at Mangelsen's, 84th & Valley, said shoppers have been coming in a little earlier this year, some starting in August. Still, said Jeremy Lubash, "The big rush starts October first."
Adrianna Cisneros of Omaha was among the early shoppers, bringing her baby Sophia and nearly three-year-old Anna Marie. "We're probably going to try and get decorations for the house and look at some costumes," she said.
"A princess one," Anna Marie declared. "And Sophia's gonna be a ghost."
Lubash showed Channel 6 News some of the hot sellers this year. "The Avengers," he said, "like, Thor, Captain America, Black Widow," he said. "And Spiderman's been a big hit for us."
Nobbies, 120th and Center, reports Batman is a big seller, and so are zombies. That's a trend Lubash has noticed as well, particularly with the continued popularity of the AMC's The Walking Dead. "And there's a lot of girls getting into the gory zombie thing, too, which surprised me," Lubash said.
Among those girls is 14-year-old Brook Dupre of Papillion. "I like scary better than pretty," she said. "'Cuz you can scare people, just walk up to them and scare them."
"Witches are always popular," he added. "There's always different types of witch (costumes), and a lot of little girls are getting into vampires, too."
There are also more cutesy female monster costumes for juniors and grown-ups, made by Leg Avenue, which have been flying off the shelves. "I think every girl in Omaha has one now," laughed Lubash,
Monster High costumes are another big trend, with teenagers named Dracu-Laura among others, the look is more "cool" than scary. Mangelsen's sold out of its first batch and was waiting on a second shipment.
Yolanda Mejia of Papillion said, "Every Halloween, the adults seem to dress up more than the kids," she said. This year would be no exception for her. "I'll be Cleopatra," she said.
As far as spending, she said she always tries to keep it in check, but doubted that would happen this year. "No... The earlier I shop the more money I spend," she said. "I'm just having fun."


text:
Rock band Alabama Shakes is on course for its first No. 1 album on the Billboard 200. Industry forecasters suggest the group’s new set, Sound & Color, may move over 90,000 equivalent album units in the week ending April 26.
The Billboard 200 chart ranks the most popular albums of the week based on multi-metric consumption, which includes traditional album sales, track equivalent albums (TEA) and streaming equivalent albums (SEA). The new Billboard 200’s top 10 will be revealed on Wednesday, April 29.


text:
LONDON — The summer marks a turning point for Unilever, parent of brands ranging from Dove and Tatcha to Ben & Jerry’s and Magnum, as it welcomes activist investor Nelson Peltz; transitions to a new organizational structure, and doubles down on its high-performing beauty and wellness categories.
Despite inflation and supply chain woes, the consumer giant surprised the markets on Tuesday with a 14.9 percent uptick in turnover to 29 billion euros. On an underlying basis, growth in the six-month period to June 30 was 8.1 percent.
Operating profit hit 4.5 billion euros, an increase of 1.7 percent, and 4.1 percent on an underlying basis.
In the second quarter, turnover rose 17.5 percent to 15.8 billion euros on a reported basis, and was up 8.8 percent underlying, compared with market expectations of 7 percent.
Jope noted that Prestige delivered second-quarter growth of 14 percent, which he said was helped by the launch of Tatcha into the U.K.; the return of consumers to offline channels, and the expansion of some of the division’s brands in China.
Unilever’s Health and Wellbeing division delivered 28 percent growth, with Liquid I.V., the electrolyte drink mix, a top performer in the period.
Unilever’s chief financial officer Graeme Pitkethly said Unilever’s acquisitions and disposals had “a positive impact of 0.6 percent” on the underlying growth in the half and called out Paula’s Choice, which Unilever purchased last summer, as the main driver of that growth.
Overall, Jope said the first-half performance built on Unilever’s momentum in 2021, “despite the challenges of high inflation and slower global growth.”
He noted the underlying sales growth of 8.1 percent was helped by “strong pricing” policies aimed at mitigating input cost inflation. He also acknowledged that higher prices ate into volume growth in some regions.
As a result of the higher prices, Unilever said it plans to raise its sales guidance for the year.
Underlying sales growth was previously pitched at the “top end” of a range of 4.5 to 6.5 percent. Unilever said it now expects underlying growth to be above that range, driven mainly by price, and with “some further pressure” on volume.
Jope added that net material inflation for the year is expected to remain high, at around 4.6 billion euros.
Following the results presentation, shares in Unilever bounced 2.5 percent to 40.14 pounds in midmorning trading on the London Stock Exchange, and closed up 2.8 percent at 40.25 pounds.
In the first half, overall sales in two of Unilever’s “priority” markets, the U.S. and India, grew strongly, while sales in China, its third major market, were impacted by lockdowns in the second quarter.
Beauty and Personal Care was the single largest division in the first half, generating turnover of 12.2 billion euros. Underlying sales growth in the division was 7.5 percent, due chiefly to price hikes and newly acquired brands.
Skin care grew by low-single digits on the back of strong comparisons with the previous year, with Pond’s showing robust growth, especially in India. Unilever said skin cleansing returned to growth, with Dove’s strong pricing and flat volume supported by the launch of premium innovations in North America.
Jope said Unilever’s planned switch to a simpler, more category-focused reorganization came into effect on July 1. He said the changes, aimed at streamlining the way the company operates, will underpin the delivery of consistent growth.
He added that Unilever’s split into five semiautonomous business groups marked a “substantial” change for the company. He said the changes have already elicited an enthusiastic response from staff.
“There’s a renewed focus, energy and urgency to the work they are doing,” Jope said, adding that he plans to give more details about the reorganization in September.
In the first half, Unilever said it increased its absolute brand and marketing investment, and it will invest competitively in marketing, R&D and capital expenditure in the second half.
While the medium-term macroeconomic and cost inflation outlooks remains uncertain and volatile, Jope said delivering growth “remains our first priority. Against this backdrop, we continue to expect to improve margin in 2023 and 2024, through pricing, mix and savings.”


text:
El Corte Inglés and BBVA have signed an agreement to include Bizum as a payment method for the online purchases customers make on both El Corte Inglés’ website and app. The bank collaborated with the distribution group by providing the contractual and technological framework to allow the company to add this new PSD2 adapted payment system, reducing the average time to make a purchase compared to card payments.
El Corte Inglés selected BBVA, one of the financial institutions with the largest market share among Bizum individual customers, as its partner to introduce this service as part of its website’s payment methods, along with bank cards, the El Corte Inglés card, Paypal, financing lines and cash on delivery. BBVA e-commerce experts and the distribution group collaborated to establish a contractual and technological framework to enable the use of Bizum.
The inclusion of Bizum as one of its payment methods is part of El Corte Inglés’ commitment to omnichannel digitization, its passion for customer service and its constant adaptations to societies’ new needs. In addition, this service makes the shopping experience easier with a safe and simple process in which users only have to enter their phone number and confirm a double factor authentication.
Bizum is an innovative payment method that was first established in Spain in 2016, and has become one of the most popular in the country, with more than 12 million active users and over 230 million transactions. Even though this service was not available to businesses until November 2019, lots of companies have launched this service thanks to BBVA. Incorporating Bizum means adding a leading local payment method in Spain, with highly significant monthly growth in the customer base and the clear expectation of establishing itself as an extremely relevant local payment method in Spain.
BBVA is recognized in the market as a very innovative bank that offers the best digital experience. El Corte Inglés is a retailer that needs to be on the cutting-edge of technology. In fact, it was one of the first compañnies to adopt BBVA’s innovative solutions for payment methods, with the Alipay and Wechat Pay agreements. Bizum will now join them for ecommerce.


text:
In the wake of a disappointing earnings report, Samsung tried to reassure investors by revealing its comeback strategy for the next few months.
According to The Wall Street Journal, Kim Hyun-joon, senior vice president at Samsung Mobile told investors during the earnings call that the company is launching two high-end smartphones in the next six months. One model is reportedly coming with "a large screen" while the company will use "new materials" to make the other model.
The model with "a large screen" is likely to be the Galaxy Note 4, which is expected to be powered by the latest Exynos ModAP quad-core processor.The other model should be the fabled Galaxy Alpha with a metallic frame. Samsung should be unveiling the Galaxy Note 4 on September 3 before IFA 2014 while the Galaxy Alpha is rumored to be launched earlier on August 13.
Based on its latest earnings report, Samsung experienced its first year-over-year drop in net profit in almost three years for the second quarter of 2014. Apparently, stiff competition from Chinese phone makers and a recent hike in the local currency made its products less competitive in overseas markets. Its flagship smartphone, the Galaxy S5 reportedly did not sell as well as expected, which might have contributed to the loss in profits.
Samsung also will be introducing new low-end and midrange models with enhanced features to compete with the low-cost offerings from Chinese phone makers. With Apple likely to release bigger iPhones later this year, Samsung finds itself in a very difficult situation where it needs to act swiftly to defend its position across the various market segments.
Source: The Wall Street Journal


text:
- 2 min read
Japanese chipmaker Kioxia postpones $3.2 bln IPO plan amid U.S.-China tensions
Kioxia Holdings Corp, the world's second-largest maker of flash memory chips, on Monday postponed plans for what would have been Japan's largest initial public offering (IPO) this year, as U.S-China tensions cloud the global chip market.
TOKYO: Kioxia Holdings Corp, the world's second-largest maker of flash memory chips, on Monday postponed plans for what would have been Japan's largest initial public offering (IPO) this year, as U.S-China tensions cloud the global chip market.
Kioxia, previously known as Toshiba Memory, had planned to list on the Tokyo Stock Exchange on Oct. 6, offering up to 334.3 billion yen ($3.2 billion) in shares.
The delay highlights how disputes over trade and technology between Washington and Beijing have cast a shadow over the global chip industry and affected companies across the supply chain.
"While we received significant interest from many investors, the lead underwriters and Kioxia do not believe it is in the best interest of current or prospective shareholders to proceed with the IPO at this time of continued market volatility and ongoing concerns about a second wave of the pandemic," Kioxia CEO and President Nobuo Hayasaka said in a statement.
The company would "revisit an IPO at an appropriate time. We are not in a rush," he added.
Kioxia earlier this month set a tentative price range for an IPO in Tokyo that put the market value lower than 2 trillion yen ($18.94 billion), the price that a Bain Capital-led group paid for the company two years ago.
Toshiba had intended to return most of the IPO proceeds to shareholders and said it was disappointed in Kioxia's decision. Its shares fell as much as 8.6% in early trade before paring some of the losses to trade down 3.7% by 0030 GMT.
Bain Capital declined to comment.
The memory chip market is bracing for the impact of tighter U.S. restrictions on Huawei Technologies Co Ltd that came into force on Sept. 15.
Kioxia has warned the curbs, which ban global suppliers from selling chips made using U.S. technology to the Chinese telecoms giant without a special licence, could cause memory chip oversupply and drive down market prices.


text:
Monday, January 03, 2005, 05:45 pm PT (08:45 pm ET)
Apple to slash prices across Cinema Display lineApple will soon slash prices across its Cinema Display product line, AppleInsider has learned.
Corroborating price cut rumors originally noted by MacShrine, reliable sources say Apple is primed to lower the price on all three of its current flat panel display offerings.
The company's 20-inch Cinema Display will drop $300 to $999, while the 23-inch HD display will soon fetch $1799, a $200 reduction.
Meanwhile, the company's mammoth 30-inch HD display will reportedly fall below the $3000 threshold for the first time at $2999.
According to sources, the cuts are a result of both overstocked inventory of the displays and declining prices for flat panel components throughout the tech industry.
The price cuts are expected as early as Tuesday.
On Topic: General
- Apple CEO Tim Cook says privacy talks with Chinese government were 'very open'
- Former Apple exec Ron Johnson wants to make online shopping personal with new startup 'Enjoy'
- Apple says its 'ambitious' sapphire manufacturing process is 'not ready for production'
- GT Advanced to exit sapphire production business, Apple to recover $439M prepayment over 4 years
- Christian Bale confirmed to play Steve Jobs in upcoming biopic, to start shooting soon


text:
Consumer Protections Scare Wingnuts
Once upon a time there was a concerted effort to prevent the officials charged with regulating the financial industry from doing their job. That effort was extremely fruitful and the result was a worldwide economic catastrophe. Of course, the wingers learned their lesson and never would do such an irresponsible thing again. That last sentence is the fairy tale.
Once again, the recipients of big money from the financial industry are trying to keep its operations above the law so that the consumers will be deprived of protection. In attempting to hamstring the Consumer Financial Protection Bureau, once again the right wing will be okay with outright fraud, and the resulting economic chaos, as long as it will enable their contributors to make profits. Attacks against the CFPB are coming on a daily basis, as the right tries to make the world safe for theft from financial consumers.
Don’t let this concerted rightwing smear campaign—straight out of their stale playbook—distract from the facts. These daily hit-jobs on Warren and the CFPB are designed to do one thing only: lay the groundwork to limit the agency’s funding and autonomy and, consequently, its power.
Currently, the bureau is funded through the Fed—just as all bank supervisory agencies are independently funded—in order to avoid politicizing its mission by subjecting it to Congressional appropriations. Yet the GOP would like to create a different set of rules for the CFPB. That’s why Texas Republican Representative Randy Neugebauer has introduced legislation to house the CFPB in Treasury so that Congress can control the purse strings. He didn’t try to hid his objective, saying the move would allow Congress to “have some say-so on how big this organization gets and some of their activities.”
Warren addressed this issue squarely in a recent speech, “While the banking regulators charged with preserving the safety and soundness of financial institutions and ensuring consumer protection compliance by smaller banks would continue to receive independent funding, the agency in the financial regulatory system with lead responsibility for protecting consumers would face a different set of rules – rules that threaten its independence.”
Sweeping changes were promised after the recent meltdown of our system caused by toxic assets, an invention enabled by regulation that had been melted down first. The promises are another fairy tale, coming from a right wing that has lost any taste for responsibility.
While the world struggles back from the deregulatory swamp that hollowed out our investments until they were worth a fraction of their original value, the financial institutions that created this disaster are doing just fine. Since they are unscathed, their operators have concluded that all’s right with the world as long as they can escape the consequences.
Laws are the enemy to aspiring cheats. The very creators of the fraudulent investments too many investors bought up – thus losing savings they’d entrusted to the cheats – are charging forth to create fraudulent investments once again. Standing in their way is an agency created to protect the consumer of their toxic vessels. Naturally, the potential cheats will try diligently to bring down the agency set up to prevent their cheating investors again.
For anyone who watched the hearings that produced the FCPB, Chairperson Warren is well known for listening seriously to the right wing’s tag lines about reducing taxes as the ideal way to stave off financial ruin – despite that by that method they had produced that same financial ruin – then proceeding on to act inside the realm of real facts. By her guidance, a ‘bipartisan’ commission that included wackos like Jeb Hensarling, of Texas highwayman banker distinction, actually produced a workable plan to rebuild investors’ safe conduct through the miasma of deregulated and bundled financial consumer products.
It’s an old, tried and true, way of identifying thieves in the making, that they earnestly commit themselves to bring down the Rule of Law that would stand in their way. Sadly, our large banks have joined in that ethical downfall, by allying themselves with profits rather than depending on a reputation of soundness. The standard of sound practice kept smaller local banks for the main part within guidelines that sustained them during the recent financial meltdown.
Of course, as long as a business needs to pass itself off as serving its clients’ interests, while in reality it’s interested primarily in its own bottom line, the client is the main victim of its practices. Membership banks, a.k.a. credit unions, have the client as the main beneficiary instead of a bottom line that is their enemy, and are a far, far more trustworthy financial institution than any non-local, for-profit, bank.


text:
So far, iPhone 7 rumors paint a unfortunately tame and bleak picture of Apple's next smartphone.
In fact, it looks like the iPhone 7 could actually be a member of the iPhone 6 family instead of a brand new generation with a new design.
It will be somewhat controversial if Apple ditches the headphone jack, but if all we can expect is a better camera and redesigned antenna stripes, then it's easily understandable if people are looking to the next iPhone that Apple will release in 2017, which some are calling the iPhone 8.
Check out the latest rumors for the iPhone 8.
It will be released a year earlier than expected.
MacRumors spotted a report from an analyst at Barclay's that claims Apple will ditch the "S" model of the iPhone 7 and jump directly to the iPhone 8 in 2017.
Indeed, because Apple releases two iPhones in a single generation (iPhone 6, iPhone 6s), we'd usually expect the iPhone 7 in the Fall of 2016, and an iPhone 7s in the Fall of 2017.
Yet, since 2017 marks the iPhone's 10th anniversary, it wouldn't be surprising that Apple would do something special.
The front surface will be all display with no borders or bezels.
Rumors that the iPhone 8 will have an all-display front surface first emerged from John Gruber, the plugged in Apple blogger and podcaster from Daring Fireball.
Gruber claims that he has heard insider "scuttlebutt" that the iPhone 8's front won't have any bezels or borders, and that it'll be one large display.
It will mostly be made of glass.
A report from the notorious Apple analyst Ming Chi Kuo spotted by MacRumors says that the iPhone 8's body will be made of glass. If so, it could have a similar aesthetic as the iPhone 4 and 4s, both of which had a glass back.
It will have an incredible screen.
Rumors from The Korea Herald news site spotted by MacRumors suggest that the iPhone released in 2017 will have an AMOLED display, which would look better than the LCD display in current iPhones.
It will have wireless charging.
The Barclay's analyst report intercepted by MacRumors also claims that the iPhone 8 will have wireless charging.


text:
Uber Eats to start phone ordering amid COVID-19
Uber Eats is adding phone ordering options to its delivery service to help people who do not have smartphones, and to expand its potential customer base to all phone users. Clients who do not already have an Uber account will be able to create one over the phone with a company employee. With lockdown policies enforced in many cities where Uber operates, the company has seen its ride-hailing business drop down. Uber admits investing in the expansion of its food delivery services to attenuate the effects of the COVID-19 crisis on its ride-hailing services. In early April, Uber accelerated the global launch of Uber Eats for business services as well.


text:
A trade bottleneck born of the COVID-19 outbreak has U.S. businesses anxiously awaiting goods from Asia — while off the coast of California, dozens of container ships sit anchored, unable to unload their cargo.
The pandemic has wreaked havoc with the supply chain since early 2020, when it forced the closure of factories throughout China. The seeds of the current problems were sown last March, when Americans stayed home and dramatically changed their buying habits — instead of clothes, they bought electronics, fitness equipment and home improvement products. U.S. companies responded by flooding reopened Asian factories with orders, leading to a chain reaction of congestion and snags at ports and freight hubs across the country as the goods began arriving.
Main Street businesses are now forced to wait months instead of the usual weeks for a delivery from China, and no one knows when the situation will be resolved. Owners do a lot of explaining to customers, order more inventory than usual and lower their expectations for when their shipments will arrive.
But there are choke points on land as well. It can take 8,000 trucks to haul the cargo away from a ship, says Kip Louttit, executive director of the Marine Exchange of Southern California. But when all those trucks hit the road, there aren’t enough available when dockworkers are trying to unload the next ships in port. Freight rail traffic has also been affected.
Exporters are also feeling the impact of the bottlenecks. When containers are unloaded at the ports, many are being sent empty back to Asia instead of being held and filled with U.S. goods.


text:
The Trump administration has focused on removing Chinese hardware manufacturers, including Huawei and ZTE, from the U.S. market, but now the focus seems to be on Chinese social media apps, especially Tik Tok.
As Blogtify reports, Secretary of State Mike Pompeo told Fox News that the U.S. government wants to ban certain social media apps offered by Chinese companies. This includes the extremely popular video sharing app TikTok. “We take it very seriously. We will definitely take a look at it … The US will do the right thing with Chinese apps on people’s cell phones,” says Pompeo.
Pompeo says the U.S. is "certainly looking at" banning TikTok and other Chinese apps https://t.co/vrAIjs6hgi
— The Washington Post (@washingtonpost) July 7, 2020
On June 30, the FCC announced that both Huawei and ZTE were classified as national security threats. TikTok appears to be next on the list when Fox News asked Pompeo whether Americans should use the app: “Only if you want your private information to be in the hands of the Chinese Communist Party.”
TikTok is owned by the Chinese company ByteDance, but the video sharing app was keen to present itself as in no way committed to China. In response to Pompeo’s comments, a TikTok spokesman said: “TikTok is managed by an American CEO, with hundreds of security, product and public order executives here in the United States.
We have no higher priority than promotion of a safe and secure app experience for our users. We have never provided user data to the Chinese government, and we would not do so if requested to do so. “
TikTok stores US user data on servers in the US that were backed up in Singapore. Apparently none of the data centers used is in China. As the BBC reports, the video sharing service has also decided to leave Hong Kong after the Chinese government introduced a new security law.
REF : entrepreneur.com


text:
BMW confirmed that they have no plans to build a next-generation i3, meaning that the current-gen will probably be the last.
After the latest Frankfurt Motor Show, where BMW unveiled a lot of future vehicles and technologies, it became clear that the i3 doesn’t fit in there.
Nota added: “We are now bringing electrification more to the mainstream.”
That being said he also specified that the German carmaker will continue to build and sell the i3 for many more years.
With the fifth generation of eDrive and the iNEXT models coming up real soon we understand the manufacturer’s decision about the BMW i3. Also, the MINI Cooper SE, the very first production EV of the brand, which had its world premiere in Frankfurt this month, is built on the same platform as the small BMW EV.
The German brand’s NUMBER ONE > NEXT corporate strategy will see a slew of electric and other zero-emission models see the light of day in the near future. The first one will be the BMW iNEXT, which will be launched in 2021.
Meanwhile, the BMW i3 sales are booming. “The i3 is actually doing extremely well in its sixth year of production already,” said Mr. Nota. With an increase in sales in August, which were 30% higher than the year before, the executive added it was a “remarkable” growth if you take the vehicle’s age into account.


text:
Communicable diseases are highly contagious wherever large gatherings of people can be found, and unfortunately these gatherings are where many gain information and share expertise.
As events across the globe are being cancelled due to the pandemic outbreak of the novel Coronavirus, including St. Patrick’s Day events in Ireland and large portions of everyday life in Northern Italy and China, American cannabis conferences and events have faced similar scheduling problems.
Cannabis and CBD companies and industry groups were meant to meet at South By Southwest, the popular Austin, Texas tech and music conference, as well as a specific industry conference in Portland.
While Portland planned to host the Hemp and CBD Supplement Congress in April, the Portland Business Journal reports the relatively widespread viral proliferation in the Pacific Northwest has led to the conference’s cancellation.
Oregon declared a state of emergency in the face of the COVID-19 outbreak after the state recorded 14 cases of the disease on Sunday, Newsweek reports.
“We will do everything in our power to keep Oregonians safe,” Oregon Gov. Kate Brown said. “As your governor, I want to reiterate how seriously we are taking this situation.”
According to Market Watch, cannabis and hemp events have been cancelled in Miami, Tel Aviv, Berlin and California in addition to the Portland and Austin events.
SXSW would have attracted 280,000 people if it had run as planned, Market Watch said, all of whom would have had the chance to interact with presentations from CBD technologists and entrepreneurs.
Benzinga reports that a World Health Organization plan to reassess the legal scheduling of cannabis has also been put off based on dangers from the virus.
Despite potential slow-downs within the cannabis industry from the current pestilence gripping the planet, hemp and CBD are hardly alone.
Stocks plummeted Monday after more countries have come to face the gravity and severity of the illness.
Market Watch says CBD does have some some elements that could be helpful in facing the virus, though it could hardly be called a treatment. According to that reporting, CBD has anti-bacterial, anti-viral and anti-inflammatory properties.


text:
Where to Place Your Gaming Bets: Console or Mobile?
June 21 (Bloomberg) -- Take-Two Interactive Chairman and CEO Strauss Zelnick and Gamco Investors Portfolio Manager Lawrence Haverty discuss the gaming industry with Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Most Recent Videos
Algebris CEO Says U.S. Equities Are Ready for a Pause
36:36 - Davide Serra, chief executive officer at Algebris Investments, talks about a pause coming for U.S. equities related to the policies of President Donald Trump and a Federal Reserve that is behind the curve. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)


text:
The latest look at the shortage of warehouse space in the UK
With a rising population, a growing economy and the inexorable march of eCommerce, property agents Savills say the UK is ‘an under warehoused country’. And that is in normal times – with the latest Brexit deadline just weeks away, times are far from normal.
The struggles continue…
The latest Brexit survey from the Chartered Institute of Procurement and Supply reports that 43% of UK supply chain managers are stockpiling goods and raw materials to mitigate the impact of a hard Brexit. Some will have accommodated this within existing facilities, others signed contracts for temporary space in advance of the original March deadline, but 5% of firms surveyed are struggling to find suitable warehousing.
Meanwhile, the UK government is continuing to acquire space to safeguard critical supplies, such as medicines, and we are fast approaching the peak period for warehousing as firms stock up for Black Friday and Christmas.
According to the United Kingdom Warehousing Association, the vacancy rate for larger warehouses is 6.8%, (just 2.2% inside the M25), and the market is even tighter for food grade and temperature-controlled space. A decade ago the national vacancy rate was 23%. Anywhere under 10% is very much a sellers’ market.
However, space alone is not the only consideration. The sector always faces labour shortages at this time of year, likely to be exacerbated if workers from EU countries feel unsettled. Locations are likely to be less than optimal, leading to increased transport requirements. Yet there is already a big shortage of drivers and any increase in transit times due to border delays will effectively take capacity out of the system.
Post Brexit issues
Many are assuming that serious disruption will be limited to just a few months but if not, companies – particularly the 12% of the CIPS survey that operate essentially stockless, JIT models – may have to rethink their whole strategy around inventory and warehousing.
Besides, although companies may have secured space for their own forecast needs, how confident are they that critical suppliers have been successful? Many of the businesses that could ‘stop the line’ may be small companies with limited ready cash to stockpile inventory or enter into expensive leases. Customer companies may need to think creatively about how stock is held and financed.
Although some businesses are failing to locate the needed space, others may find they have committed to more than they need. There is a secondary market for excess capacity, but companies will need to understand what is allowed under their lease or licence – there is a difference and many companies currently contracting for space may be relative novices in the commercial property game.
So, beyond the immediate Brexit firefighting, companies have some serious decisions to make and actions to take, not just around securing suitable space but also around labour, transport, inventory policies and the impacts on the whole supply chain model.
How we can help…
Bis Henderson Space is well placed to help. We have many years’ experience in planning and scoping warehousing needs, in locating and securing space in the short or long term, for sole or shared use, and in negotiating the necessary flexibility in leases and contracts. To discuss your needs for space after Brexit, contact us today.
A word from Steve Purvis, Operations Director, Bis Henderson Space...
Labour shortages in the Logistics Sector have been apparent for some time but the profession is waking up to a growing lack of suitable warehousing space. The current shortage was there before Bexit reared it head and will be there afterwards in some form, the only real questions is to what extent. At Bis Henderson Space we are extremely well connected so when we hear talk about there being no space available we know that this isn’t entirely true. Space is available but there is certainly less than there used to be meaning that good advice and support in sourcing services is more important than ever.


text:
Workers walk out in Striketober
Soaring shipping costs and dwindling truck drivers have led to store shelves going out of stock and consumers being out of luck. Syracuse professor Patrick Penfield explains the mechanics behind a supply chain crisis that’s brought industries across the country to a grinding halt. Workers once deemed essential at John Deere and Kellogg’s are dissatisfied with the growing wage gap despite companies logging record profits over the past year. RT’s Ben Swann reports on tens of thousands of laborers walking out in the midst of ‘Striketober’. TED-Talker and Phenomenal Training director Laura Thomson outlines occupations that benefit from automation but still rely on the ingenuity of human workhands. Radio host of ‘Into Tomorrow’ Dave Graveline talks home tech, including Amazon’s latest Astro companion and Ring’s new drone surveillance system.


text:
Yet another SSD controller maker has been assimilated. After OCZ snapped up Indilinx earlier this year, LSI has announced an agreement to buy SandForce. OCZ paid only $32 million for Indilinx back in March, and this SandForce deal is worth considerably more: $322 million in cash. LSI will also cover $48 million in unvested stock held by SandForce staffers.
LSI currently uses SandForce controllers in its WarpDrive PCI Express SSDs, and the acquisition was clearly made with the enterprise market in mind. The press release also mentions notebooks and specifically ultrabooks—as much as it seems silly to separate those two categories, the SSDs found in ultra-slim designs use much different form factors than the standard 2.5" drives that slot into the average notebook. Those 2.5-inchers also end up in desktop systems, although the press release doesn't mention that market specifically.
SandForce has quite a few high-profile drive partners, including Corsair, Kingston, OWC, and OCZ. With little name recognition in the consumer market, I would expect LSI to continue to supply those partners with controller chips. However, there could be some conflict with OCZ, which uses SandForce chips its own line of PCIe SSDs. Most of OCZ's PCIe offerings are much cheaper than the $8,500 asking price for a 300GB WarpDrive, but there's certainly potential for more direct competition, especially with PCI Express looking like the future of solid-state storage interfaces.
|Aerocool starts Project 7 with a flurry of case and cooling gear||5|
|NTFS filesystem bug could crash Windows 7, 8, and 8.1||36|
|Enermax NeoChanger is both a pump and a reservoir||13|
|Acer sprinkles the Iconia Tab 10 with quantum dots||7|
|Deals of the week: lots of motherboards and a cheap GTX 1080||20|
|MSI Vortex G25VR, Infinite-A, and Pro 20EX PCs fill all niches||1|
|Nvidia unveils the GeForce GTX Battlebox certification program||30|
|Acer Spin 1 and Nitro 5 laptops are ready for school season||13|
|Ryzen AGESA 22.214.171.124 exposes more memory overclocking options||66|


text:
The Blu-ray Disc Association (BDA) has completed an Ultra HD Blu-ray technical specification that will lead to the release of players and discs that support the new format. It will be begin licensing the format starting Aug. 24. However, don’t expect any support from Apple.
Ultra HD Blu-Ray consumer products should begin to arrive later this year. The format supports Ultra HD 4K TV resolution (3840×2160) and enables high dynamic range (HDR), high frame rates and object-based immersive sound. It’s not clear how much demand there will be for the new format, the BDA, citing data from the IHS research group expects Ultra HD TV-owning households will grow from 11.7 million last year to 95.6 million by 2019.
The Ultra HD Blu-ray format will deliver high dynamic range content that significantly expands the range between the brightest and darkest elements and gives the consumer a more life-like viewing experience, according to Victor Matsuda, chair, BDA Promotions Committee. Additionally, the format provides expanded color range, high frame rate (up to 60fps) and up-to 3840×2160 resolution.
The Ultra HD Blu-ray format will also deliver next-generation immersive, object-based sound formats. And, with the optional “digital bridge” feature, the specification enhances the value of content ownership by embracing the notion that a content purchase can enable the consumer to view their content across a wide range of in-home and mobile devices, says Matsuda.
Apple was once part of the Blu-Ray Association, but never offered Mac support for Blu-ray discs. The late Steve Jobs said “Blu-ray was a bag of hurt.” It’s unlikely that the company has changed its mind as it wants you to rent and buy all your media at the iTunes Store.
However, no ultra HD or 4K movies are available at the store. When Apple’s next-generation Apple TV arrives later this year, it will lack 4K video capability, claims BuzzFeed. I think that’s incorrect. But, if so, that would be a mistake on Apple’s part if it wants to be ahead of the curve.
4K content on iTunes seems like a natural move. After all, the iMac with 5K Retina practically screams for such content. The MacBook Pro line comes, with one exception, with Retina displays. iPhones and iPads have Retina displays. The 12-inch MacBook has a Retina display. And an Apple Thunderbolt 5K Retina Display is a near-certainty.
So let’s hope Apple gets behind the 4K movement, even though it will almost certainly pass on Ultra HD Blu-ray.


text:
iSuppli predicts Chinese EMS and ODM market expansion
Oct 04, 2004
The continuing migration of production capacity to China will help drive robust growth for China?s Electronic Manufacturing Service (EMS) and Original Design Manufacturing (ODM) markets over the next several years, iSuppli Corp. predicts.
In China, EMS revenue will increase to $45.5 billion in 2008, up from $17.7 billion in 2003 to post a Compound Annual Growth Rate (CAGR) of 21 percent, according to iSuppli. Meanwhile, China?s ODM revenue will grow significantly over the next few years, rising to $108 billion in 2008, compared to $39.6 billion in 2003, for a CAGR of 22 percent.
For more detailed information on the EMS/ODM market in China, read iSuppli?s latest report, EMS and ODM Activities Surge in China.


text:
It was supposed to be a campaign stop to tout his newly-passed tax plan. But President Trump’s remarks on proposed Chinese tariffs while in West Virginia zapped some of the energy there. For a state that penciled in a whopping $84 billion trade deal with a Chinese energy company, it’s a sensitive subject.
The president’s decision to put China in his line of fire is much like a circular firing squad: if the United States takes a shot, it too can expect to get hit from many different angles. And its especially odd that Trump would flout $250 billion in total trade deals after returning from China last fall and then turn around and threaten to impose tariffs on imported Chinese goods.
And it could haunt West Virginia’s energy sector. That’s because the China Energy Investment Corp. signed a non-binding $84 billion 20-year deal with the state to help it develop its petrochemical sector that wants access to abundant and cheap shale gas. It is especially needed in a place that has seen its coal industry lose ground to more competitive and cleaner electric generation fuels.
“We, of course, do not want a trade war,” Steve Roberts, chair of the West Virginia Chamber of Commerce told this writer in an interview. “And we are not using terminology that would cause the various sides to go to their corners. We are on courteous terms with the Chinese and are respectful of each other’s views.”
To put this potential deal in context, West Virginia’s gross economic output is about $75 billion a year. IHS Markit projects a $9 billion infusion into the state by 2035, which will employ 57,000 people in gas-related fields, or 7% of the West Virginia’s workforce. Average pay: $90,000 a year, similar to that of the coal sector. Meantime, the state’s current coal industry workforce is 20,000.
But in March, President Trump said — impetuously — that the the United States would impose a 25% tariff on Chinese steel and aluminum coming into the country. Not to be outdone, the Chinese said it would hit American goods with $50 billion in tariffs, although it may increase that an additional $100 billion aimed at goods and services produced that would hurt Trump’s core of support.
In classic “trade war” fashion, the president said on April 5 that the United States would add another $100 billion in tariffs, forcing Trump’s top economic advisor to say that this was all a negotiating tactic.
“President Xi Jinping is a friend of mine,” Trump said at the West Virginia event. “But he’s looking out for China, and I’m looking out for the U.S. You have to go after the folks who aren’t treating you right.”
More than 40 companies have warned the Trump administration to not go down this road. They range from the tech giants such as Amazon, Facebook and Microsoft to the retail behemoths like Walmart. Their message: those policies hurt U.S. consumers by forcing them to pay more for products while damaging the ability of American companies to compete. It’s a position endorsed by the U.S. Chamber of Commerce.
Besides the China Energy Investment Corp.’s potential foray in West Virginia, news reports have also pointed to Sinopec’s — an oil and gas explorer in China — possible investment of $43 billion in Alaska. And there’s other non-energy related ventures that involve Boeing selling jets Air China and China Southern and Qualcomm selling semiconductor technology to Chinese smartphones.
The potential deal between the Chinese and West Virginia couldn’t come soon enough. With both the United States and the world community decreasing their reliance on coal as an electric generation fuel, the state needs to find other income sources. In 2012, the U.S. Energy Information Administration said that coal exports totaled about 126 million tons but by 2016, that had fallen to 60 million, although that ticked up a bit in 2017.
The good news is that West Virginia sits a top a huge reservoir of shale gas that the Chinese would like to access. But the Chinese could choose from among other states within the Marcellus or Utica Shale basins. W.V. Chamber of Commerce Chair Roberts says that the state is trying to make the necessary investments in infrastructure and education that can keep China’s full attention.
“We don’t think this is too big of a fish,” Roberts says. “We as a state need to rise to the occasion. We have every reason to believe this is real. What remains to be determined is whether we make the ultimate cut. West Virginia has to up its game.
“We have a real appetite for engaging in a major series of relationships with the Chinese,” Roberts continues. “We have to do this in an international environment in which nations huff and puff. We have things that are very valuable to them and we have to go through a process to see if we can do a deal with each other. The relationship is actually improving and that is a good sign.”
Internationally, the tone is much different from that at the state and the regional levels. West Virginia’s economic developers have their own rapport with Chinese enterprises, which will go where they smell opportunity and where state leaders show them proper respect.


text:
From an expert panel arguing that lab-grown meat produced through cellular agriculture can be labeled as kosher and halal as long as it adheres to religious standards in cell sourcing and production methods. It has gained significant support.
This development is significant because it opens the door to the possibility for adherents of Judaism and Islam to consume lab-grown meat products in the future.
Kosher food is food that complies with Kashrut (dietary laws), the Jewish dietary regulations.law of kashrut Applies to foods of biological origin, and kosher foods are limited to certain types of mammals, birds, and fish that meet certain criteria. Meat from animals that do not meet these standards is prohibited by dietary laws.
The recognition from these expert panels is a positive milestone for the emerging cultured meat industry as it seeks to expand its presence and access.
Cultured meat is currently available in limited quantities in the United States and Singapore. But industry players are optimistic that with increased investment from both private and public sources, they can scale up production and impact diets on a global scale.
Cultured meat is fundamentally different from traditionally produced meat. It is produced from animal cells grown in a nutrient-rich solution in a controlled environment such as a steel vat. This method eliminates the need for resource-intensive industrial agriculture and traditional slaughterhouses, and aligns with the values of vegan, vegetarian, and environmentally conscious meat consumers.
GOOD Meat, one of the prominent companies in this field, has worked with a committee of three Sharia experts to state that cultured meat can be considered halal as long as certain conditions are met. I decided that.
These conditions include the requirement that cells used in meat production must originate from animals slaughtered according to Islamic law. Although Good Meat’s chicken does not currently meet this standard, the ruling provides a roadmap for the industry to develop halal-compliant products in the future.
Additionally, the Orthodox Union (OU), the largest kosher certification body, recently deemed farmed chicken produced by Israeli company Supermeat to be compliant.
This certification is based on the fact that the chicken cells are taken from fertilized eggs before blood stains appear and do not contain any animal-derived components. SuperMeat is currently working with the OU to establish broader industry guidelines.
Both kosher and halal dietary restrictions are followed by millions of people in the United States, making these certifications important for market access. More than 12 million people in the United States consume kosher products and 8 million consume halal products, according to the Orthodox Union and halal certification agency American Islamic Services.
Additionally, U.S. regulators have approved the consumption of farmed chicken, and some high-end restaurants are already including it on their menus. As the lab-grown meat industry continues to develop and gain acceptance, it has the potential to address dietary and sustainability issues while catering to the preferences and requirements of different consumer segments.


text:
Madrid, June 4th, 2019.- Cerealto Siro Foods, global agri-food company resulting from the merger of Grupo Siro and Cerealto, closed last year with a consolidated turnover of 600 million euros and a production volume of 400,000 tonnes, in line with its forecast.
Moreover, it reached a global workforce of 4,800 colleagues distributed in Spain, Portugal, Italy, UK, Mexico and United States, generating 493 new permanent contracts and promoting equal opportunities for men (54%) and women (46%).
Currently, the workforce is composed of 12% of colleagues who come from groups with barriers to work, and people with over 35 nationalities.
In 2018, Cerealto Siro Foods became one of the first companies to be recognised as a Disability Confident Leader in the United Kingdom, a scheme launched by the Department for Work and Pensions to incentivise the hiring of people from these groups. More recently, it became one of the first companies to support The Valuable 500, an initiative launched at the World Economic Forum in Davos this year, that demands the attention of world leaders, so they guarantee the labour inclusion of people with disabilities in their own businesses.
Cerealto Siro Foods wants to position itself on the international market as an innovative Company, which specialises in global categories with a multi-client and multi-country approach. Based on its in-depth understanding of consumers, of its value chain form its origin, and of its development and manufacturing processes, in order to continue offering its clients the highest quality products at the best possible price.
In this respect, the Company invested 19.2 million euros in innovation, which materialised in the launch of over 250 products, highlighting those with healthier characteristics or those that satisfy consumers with special dietary needs. Some examples are: products with superfoods or high in protein, products with no added sugar/salt/fats or with reduced sugar/salt/fats, or a completely new range of organic biscuits and snacks.
Its investment figure was almost 50 million euros, which were allocated to increasing production capacities or global efficiencies; to the digital transformation of the Company, specifically to crosscutting projects based on artificial intelligence; or the development of smart factories.
Additionally, the Group obtained a syndicated local for 240 million euros to finance its business plan, thanks to the trust that financial institutions have in its responsible management model.
More recently, the Company was included in the ranking of the 100 Companies with Best Reputation in Spain by MERCO, which proves support to the merger and the trust of all of its stakeholders in its new strategy, which focuses on innovation, internationalisation, operational excellence and specialisation in global business categories.
To know more about Cerealto Siro Foods’ performance in 2018, please click on this link.
About Cerealto Siro Foods
Resulting from the merger of Grupo Siro and Cerealto; Cerealto Siro Foods is a multinational company that manufactures cereal-based food products, supplying retailers and international branded food companies in the B2B sector.
The Group closed 2018 with a turnover of 600 million euros and a production volume of 400,000 t.
Cerealto Siro Foods has a workforce of 4,800 people in its 17 production centres located in Spain, Portugal, Italy, the United Kingdom and Mexico, as well as a commercial team in the United States.
The Company has a strong commitment to developing the communities in which it operates and to the integration of people with barriers to work, who represent more than 12% of its global workforce.
Ana Carolina Bustamante
Corporate Communication Manager of Cerealto Siro Foods
External Comunnication Manager of Cerealto Siro Foods


text:
Huawei: Chinese government won't stand idle as US introduces more sanctions
Chinese government will have no choice but to impose counter measures should the US continue to restrict Huawei's access to the global supply chain, says rotating chairman Eric Xu, who reveals the vendor's international consumer business has lost at least $10 billion as a result of the US trade ban.
The Chinese government likely will roll out countermeasures if the US continues to impose trade sanctions on Huawei Technologies. The networking equipment vendor revealed that its international consumer business already has taken a substantial hit as a result of the restrictions, losing in excess of $10 billion in revenue last year.
The business unit last year had been growing exponentially outside of its domestic market before May 16, until the US government added Huawei to its 'Entity List', prohibiting US companies from transferring technology to companies on the list unless they have a licence from the US government. This led to Google suspending the use of parts of the Android OS on Huawei devices, including key apps such as Play Store and Maps.
This has significantly impacted Huawei's handset sales and consumer revenue outside of China, said its rotating chairman Eric Xu during a virtual media conference to discuss the vendor's 2019 earnings. Held via Zoom, the online briefing was attended by 90 local and international media, including ZDNet.
Xu noted that the US sanctions have meant a large number of suppliers could not continue to work with Huawei, forcing the company to invest more in research and development (R&D) to "fix the holes" and rebuild its supply chain. It was "impossible" to continue targeting a high net profit as business survival became a top priority, he said.
Huawei saw its 2019 global revenue grow 19.1% year on year to 858.8 billion yuan ($97.59 billion), while net profit climbed 5.6% to 62.7 billion yuan ($7.12 billion), compared to a 25% growth in 2018. It spent 131.7 billion yuan ($15 billion) on R&D, which accounted for 15.3% of its 2019 revenue.
Despite the US trade ban, its consumer business still saw a 34% year-on-year growth to hit 467.3 billion ($53.1 billion) and clocked 240 million units in smartphone shipments. This business unit accounted for 54.4% of its overall revenue, while its carrier business generated 34.5% to provide 296.7 billion yuan ($33.71 billion) in revenue, up 3.8% year on year. Its enterprise business grew 8.6% to churn 89.7 billion yuan ($10.19 billion) in revenue.
Revenue from its domestic Chinese market grew 36.2% to hit 506.7 billion yuan ($57.58 billion) and accounted for 59% of its overall figure. Its Asia-Pacific revenue saw a 13.9% dip to 70.5 billion yuan ($8.01 billion), with the region contributing 8.2% of its total revenue. The Americas revenue increased 9.6% to 52.5 billion yuan ($5.97 billion), accounting for 6.1% of total revenue, while EMEA revenue grew just 0.7% to 206 billion yuan ($23.41 billion) and contributed 24% of the overall figure.
Describing 2019 as a difficult year, Xu said 2020 would prove more challenging since Huawei would be subject to the US Entity List for the entire year. He noted that the vendor currently has a substantial stockpile in its inventory to respond to needs, but the remainder of 2020 will be a crucial test on whether its supply continuity efforts can work effectively.
The coronavirus outbreak also was unexpected and could bring about new challenges such as economic decline, financial turmoil, and shrinking market demand, he noted, adding that it was difficult to provide any 2020 growth forecasts as the global landscape continues to evolve.
To address the gap created by the lack of Google Mobile Services on its new handsets, Xu said Huawei had introduced its HMS (Huawei Mobile Services) platform and will continue to grow this ecosystem to facilitate the sale of its handsets in international markets. The vendor has also included Google apps on its own app store, making them available to its mobile customers and ensuring that 5G users still have access to Google apps.
Huawei earlier this year said it would set aside $26 million as an incentive for developers to work on apps for HMS. The investment went towards rewarding teams that successfully downloaded an app to the platform. It has also launched 24 developer open-access kits covering various functions such as location-tracking, health, and language services.
China will be forced to counter US sanctions
While it was making efforts to cope with the US government's trade restrictions, he cautioned that if the Trump administration persisted in adding new sanctions, Beijing would be forced to act.
US Attorney General William Barr last month said the US and its allies should invest in Huawei competitors to slow the Chinese company's growing 5G market share, pointing to Finnish vendor Nokia and Sweden's Ericsson as potential candidates. The US government previously had accused Chinese networking vendors, namely Huawei, of sharing sensitive information with their government and providing access to private US business communications. The Trump administration had called for countries to boycott Huawei's telecommunications systems, specifically its 5G equipment, and has since pressured its allies, including Europe, New Zealand, Australia, and the UK, to ban Huawei products, threatening that it would be "difficult" for the US to do business in countries that deployed Huawei equipment.
Recent media reports have also suggested the US could introduce measures to limit the global supply of semiconductors to Huawei, forcing foreign companies that use US chipmaking equipment to acquire a US license before supplying certain chips to the Chinese vendor. These new restrictions are aimed at curbing the sale of chips sold by Taiwan Semiconductor Manufacturing to Huawei, which relies on the manufacturer for its HiSilicon unit, according to a Reutersreport.
If these new US restrictions are rolled out, China would have no choice but to impose similar measures, Xu said.
"I think the Chinese government will not stand by and watch Huawei be slaughtered on the chopping board. I believe the Chinese government may also take countermeasures," he said.
He noted that, should the US government proceed with its semiconductor trade restrictions, Huawei and other Chinese vendors could still choose to buy chipsets from other manufacturers such as Korea's Samsung, Taiwan's MTK (MediaTek), and manufacturers from China to produce its smartphones. Huawei and other Chinese companies also could start developing their own chipsets, he added.
However, he said such tit-for-tat moves would be dismal for the overall industry.
Xu said: "If the US government can arbitrarily change foreign [manufacturing] rule, that would be a destructive to the global tech ecosystem. And if the Chinese government also follows up with countermeasures, we can imagine what kind of impact that would have on the industry.
"This destructive ripple effect on the global ecosystem will be astonishing. If Pandora's Box were to be opened, we will likely see a catastrophic impact on the global supply chain and, by then, it will not only [impact] Huawei's supply chain...and not a single player in the global value chain can stay immune," he said.
He urged the global industry to collaborate and collectively focus on the challenges it faced and to develop trustworthy products.
Commenting on the European Union, he said he had yet to see any EU member label Huawei as a "high risk" vendor.
The EU last month released a set regulatory guidelines for its member states, describing it as a "toolbox of mitigation measures" for addressing 5G security threats. It said it would leave its members to decide whether Huawei or any other vendor met those guidelines and to "avoid or limit any major dependency on a single supplier and avoid dependency on suppliers considered to be high risk".
Noting that the UK now was out of the EU, Xu said: "I believe EU members are still basing their decisions on facts and clearly know what cybersecurity actually means. We also have been engaging and communicating with various EU governments."


text:
Overnight, something strange happened over in the US. The tech-heavy US Nasdaq Composite (INDEXNASDAQ: .IXIC) Index fell a hefty 2.4%. That in itself isn’t too newsworthy (although it is a sizeable drop). No, what this test move means is that the Nasdaq is now officially in a ‘correction’. A correction is one of those rather superficial Wall Street terms that’s meant to dress up something bad as something good. A correction is a term given for a 10% or more drop in an index’s value. And since the Nasdaq has now dropped from around 14,095 points on 12 February to 12,609 after last night, the index is now down 10.54%. And that means we are now in correction territory.
What’s even more interesting though is how confined this ‘correction’ is to Nasdaq shares in particular. The broader S&P 500 Index (INDEXSP: .INX), which consists of both Nasdaq and New York Stock Exchange (NYSE) companies, is only down 2.88% over the same period. The Nasdaq and the NYSE are the two major share markets of the United States. The Nasdaq tends to hold most of the US’s tech stocks (such as the FAANGs), while the NYSE is home to most of the ‘old-school’ giants like Walmart Inc (NYSE: WMT) and Ford Motor Company (NYSE: F).
Put simply, it’s only tech stocks that are selling off with enthusiasm.
Tech sells off with a vengeance
Looking at what’s been going on, this becomes very obvious. Take tech darling Tesla Inc (NASDAQ: TSLA). Tesla shares are down a whopping 31% since 12 February. Amazon.com Inc (NASDAQ: AMZN) is down around 10% over the same period. Apple Inc (NASDAQ: AAPL) is down around 14%, while Netflix Inc (NASDAQ: NFLX) is down around 11%.
All in all, it hasn’t been a nice few weeks to own US tech stocks! This tech sell-off has also spilled over to the ASX. This morning, we reported on how the ASX tech sector is facing a bear market (a fall of 20% or more) if it falls too much lower. This has been exemplified by the performance of former ASX high-flyers like Afterpay Ltd (ASX: APT). Afterpay shares have fallen more than 30% in just the past month alone.
It’s hard to say exactly what is causing these seemingly-precipitous drops. But one could possibly put it down to the sector blowing off some steam after an incredible run up over the past few months. Rising bond yields are also especially problematic for tech stocks.
But even though a ‘correction’ is a scary thought for investors, the reality is that the Nasdaq is now back at levels that we were calling ‘all-time highs’ back in December. It’s hardly a time for panic.


text:
The internet of things is still a very big area of discussion and exploration. The folks over at Appinions (an influencer marketing platform) put together an interesting list of companies that are having a huge impact on the internet of things industry. Based on their scoring system here is what they came up with.
The companies listed above cover pretty everything you can think of in the IOT space and offer products ranging from smart office equipment and wearable devices to smart home appliances and the ability to create smart automobiles. There’s also another area of the IOT which GE coined as “the industrial internet,” that is connectivity for machinery, manufacturing, robots, and the like. Those leading companies can be seen below:
The most interesting thing however is what people are discussing when they are mentioned the internet of things. Appinions put together a nifty little tag cloud for that as well. It should come as no surprise that words like privacy, data security, and big data, are among the most common themes.
I still believe that most people in the world have no idea what the internet of things is or what all of this connectivity means to them professionally or personally. I tried to explore this in an article I wrote for Forbes called “A Simple Explanation Of The Internet Of Things.” Appinions correctly identified that this is still a very volatile market (as is the wearable space) which is still going to see plenty of newcomers, acquisitions, and companies going bust.
You can see their full report here.


text:
The Redmi Note 8 and Redmi Note 8 Pro both will debut as the latest entrants in the company’s Redmi Note family.
On the camera front, the listing reveals that the Oppo Reno 2 might come with a shark fin pop up selfie camera just like the Oppo Reno.
Google Go is part of the Android Go OS that’s a stripped-down version of the stock Android system which is meant for low-powered devices in emerging markets.
It is expected that the OnePlus TV will run Google’s Android TV smart TV platform, and is expected to be available in multiple screen sizes, including 43-inch and 75-inch.
According to a media report, Vivo is all set to launch the second phone after Z1 Pro in India next month. The name of the phone is yet to be revealed.
The price reduction could possibly because of the upcoming new Redmi Note series.
Realme 5 and Realme 5 Pro are getting unveiled in New Delhi.
To attract India customers, the Galaxy Note 10 and Galaxy Note 10+ both bring S Pen handwriting recognition support for four Indian languages.
Redmi’s CEO has been refuting claims and leaks about the expected Redmi Note 8 series but his Weibo updates are being posted by a “Note8Android” device.


text:
Million Mustang Build
Flat Rock Hits Milestone
Larry Jewett - April 24, 2013 10:17 AM
Forty-nine years to the day after its 1964 debut in New York, the Ford Mustang celebrated another milestone. As of April 17, 2013, one million Mustangs have rolled off the line at Ford’s Flat Rock Assembly Plant since production moved there in 2004. Ford is celebrating this milestone as year 50 of continuous Mustang production gets under way at Flat Rock Assembly.
Raj Nair, group vice president for global product development, today rode off the line at Flat Rock Assembly Plant in a Ruby Red 2014 Mustang convertible. “Mustang is one of the most beloved nameplates in the industry, with fans around the world and throughout Ford Motor Company,” said Nair. “The team here at Flat Rock Assembly has built an outstanding reputation for quality while producing one million Mustangs over the last nine years, and we expect that to continue for many years to come.”
Ford has built Mustangs near its home base in Dearborn, Michigan, for 49 years. The car was built at Ford’s famous Rouge factory, just a few minutes from company headquarters, for four decades before moving a few miles south to Flat Rock in 2004. When the first Mustangs proved to be far more popular than anyone expected, Ford added production capacity outside Michigan. By early 1965, plants in Metuchen, New Jersey and San Jose, California were also building Mustang.
The launch of Mustang production at Flat Rock coincided with introduction of the then all-new fifth-generation model – first in the series to get a dedicated platform. The Flat Rock factory has been producing vehicles since 1987, when it opened as Mazda Motor Manufacturing USA and built the Mazda MX-6. In 1992, Ford purchased a 50 percent share in the plant and it was renamed AutoAlliance International. In addition to Mustang, Flat Rock will add production of the Fusion sedan later this year.
“Flat Rock has gone through an amazing transformation over the past year,” said Tim Young, plant manager, Flat Rock Assembly Plant. “We’ve invested $555 million including a state-of-the-art, fully flexible body shop and an upgraded paint shop to make sure we’re continuing to build the best of the best for the next one million Mustangs.” Ford is adding 1,400 jobs and a second shift at Flat Rock Assembly Plant to support new Fusion production as part of its plan to add 12,000 hourly jobs in the United States through 2015.


text:
LONDON — Wesley Harriott, PushButton and Clio Peppiatt may be new additions to the London Fashion Week schedule, but they’re no strangers to their growing Instagram fan bases and celebrities such as Dua Lipa, SZA, Adwoa Aboah and K-pop superstar CL. As they prepare for their first on-schedule shows, these labels have also been building up robust profiles — and sales — off the catwalk, and are part of an emerging generation of designers that’s not waiting around, hoping to be discovered and promoted by a fashion editor or retailer.
For Wesley Harriott designer Ricky Harriott, dressing CL got the ball rolling, “She’s my muse, so I made it a mission to chase her down and get in contact with her people,” he said. Harriott is a London College of Fashion graduate and winner of the Asos Fashion Discovery prize.
After dressing CL and amassing eyeballs online, Harriott came to the attention of stylists and press. Soon Lady Gaga and Kylie Jenner were asking for his signature bodysuits, ath-leisure crop tops and structured suits. Earlier this year, musician SZA tapped Harriott to create custom pieces for her tour in May.
Peppiatt has also made online noise. Her colorful and kitschy designs translate well over social media and as a direct-to-consumer brand, the label’s Instagram has proved a boon for business, generating a high rate of returning customers. “It’s funny because I didn’t have Instagram before I started the brand, but that’s how stylists have found me, through the platform’s power,” she said, explaining how she’s managed to dress Dua Lipa, Adwoa Aboah and design Charli XCX’s stage outfits.
South Korean fashion and streetwear label PushButton has a similar story to tell. Net-a-porter dubbed the brand “one of Seoul’s most exciting labels” and South Korean rapper Zico and Chinese singer Chris Lee have worn designer Seung-Gun Park’s designs on stage. While Park’s roots lie in music as a former K-pop star, he argues that his music career has remained entirely separate from the brand.
Despite the fact that PushButton is on the tips of many tongues, Park said he was nervous making a foray into the international market. One-legged pants are a key piece in his latest collection, and asymmetric designs reflect his feelings of instability.
“I wondered what I could bring to London on this new platform. I decided to go through PushButton’s archives and express my inspirations in a signature PushButton way but add new elements,” he said. “I’m afraid of becoming too complacent.”
Park’s previous collections have been heavy on print, but this time he chose to make use of a vivid color palette inspired by the Nineties bubble economy in Japan and South Korea. “It was all about shopping and showing off. Fashion was very extravagant and I find myself going back to that time and how we used to imagine the 21st century. This collection is my interpretation of the future from the past,” he noted.
PushButton’s signature oversize silhouettes have been spun into square, shoulder-padded blazers and coats, characteristically offset with ruched crop tops. Their “tab” design allows the wearer to transform the oversize shapes for a slimmer fit in a very natural way, and Park said he hopes to continue developing the idea of transformational clothes in future collections.
Park also worked on reinterpreting the brand’s houndstooth pattern, which can be found on matching suit sets and has introduced a new carrot print, a personal token of the designer. “I was born in the year of the rabbit and rabbits like carrots,” he said. PushButton’s pieces are stocked on Net-a-porter, Shopbop, Browns, LuisaViaRoma and on their own e-commerce site, which retail at around 450 pounds for pants and around 600 pounds for coats.
Harriott, who hails from the U.K., is using structure and shape to make a statement, too. “I was having a discussion about some of the things that women have to consider every day to be deemed socially acceptable, which I think is ridiculous, and from there I started to think about how a woman navigates making these decisions,” he said.
Tight tops with face mask extensions and structured blazers nipped at the waist are Harriott’s way of encapsulating the concept of a woman who is expected to be everything. “It’s the constant contradiction of strength whilst trying to please everyone at the same time,” he added.
To further highlight his concept, Harriott is introducing eveningwear. Standout pieces include a dramatic gown in Lurex jersey which, according to Harriott, looks like glass, leather minidresses and pinstripe jumpsuits will sit alongside his sportier pieces. Other pieces include bag attachments sewn into skirts and dresses. “This woman has no time to carry her bags,” he said.
Harriott’s collection is exclusive to Asos and pieces will range from 150 pounds for the ninja-style crop tops, 300 pounds for trousers and 700 pounds for blazers.
Since the conception of her label, Peppiatt has been designing for the modern woman. Taking a different approach from the other two labels, her pieces are fun, kitschy and feminine, subverting the notion of girliness as being weak.
“This is probably my favorite collection because I’ve been able to take a lot more time for each piece. There is embroidery and beading on everything,” said Peppiatt, who has been working with a new mill in the U.K. for custom weave jacquards.
Influenced by surrealist art, Peppiatt’s pieces have decorative elements such as scaled-up safety pins and flashy embroidery. There are also symbols and imagery inspired by John Waters’ film “Female Trouble” that clash with bright fuchsias, yellows and acidic greens.
Peppiatt said keeping traditional craft alive is important to her. “I’m worried that hand beading and hand embroidery is one of the skills that may die out if contemporary designers aren’t keeping them alive through their work.”
Because everything is hand-embellished, she also offers bespoke and made-to-measure dresses giving her clients the opportunity to be a part of the process.
“Our focus is really around the customer, we mostly sell direct-to-consumer online,” Peppiatt added. Her collection can also be found online at Youngbritishdesigners.com, in stores at Desperate LA in Los Angeles and 1991 Downtown in Tokyo with prices ranging from 95 pounds for T-shirts to 700 pounds for embroidered coats.


text:
BMW took 226 buyers to court last year, who were all facing bankruptcy, while an additional 21 buyers have been added to the list this year. The court actions were mainly associated with buyers of expensive cars, such as the BMW X5 and the BMW 5 Series.
A BMW spokesman said in the report that BMW mainly provided finance for more expensive vehicles, regardless of whether they were new or second-hand, BMW or other makes, and the common theme was people were buying vehicles out of their price range. BMW Finance says it had worked very hard to try to resolve payments with buyers before it resorted to legal action.
Debts are said to range from as little as $8000 up to $190,000. Reports say most of these court actions were with buyers owing around $30,000.
Bankruptcy experts say those in serious debt could now be facing repossession of not just the cars in question, but also goods at home and the home itself.
The report also says most of those in serious debt are from Generation Y.
It's a sad story, especially when these buyers are so young. Buyers from this segment want the dreamy lifestyle as soon as possible, but acting too soon is getting them into serious debt.
As always, take your time during the buying process and make sure you are in a secure position to go into debt, if that's what you decide to do.


text:
Derrek is a long-time Nokia and LG fanboy who loves astronomy, videography, and sci-fi movies. When he's not working, he's most likely working out or smoldering at the camera.
It's about time AT&T customers will experience enhanced messaging on Android phones thanks to the switch to Google's RCS platform.
G thing The new Moto G 5G (2023) has a few upgrades and some downgrades when compared to its predecessor. Does that make it the better choice?
About time Samsung's One UI 5 Watch beta reveals a new feature that will let users switch phones without resetting their smartwatches.
With the latest Android 14 beta, Google is fixing a plethora of issues that should help make the OS more stable.
Specs for the Galaxy Z Flip 5 suggest several upgrades coming to the phone. The Z Flip 5 will launch at the end of July.
Motorola's Moto G 5G (2023) is on sale now, but at just $250, is it a phone you should even consider? Hopefully, our review will help you make that decision.
Samsung has announced when and where the next Galaxy Unpacked event will take place. It's here where the company will unveil its next foldables.
The Galaxy Watch 6 series has apparently stopped by the FCC. The listing doesn't appear to reveal anything particularly noteworthy.
The Nothing Phone (2) may not have a radically different design from its predecessor, according to leaked renders.
Google Maps Immersive View gives you a 3D view of various cities and landmarks. This is how you use it.
After a brief hands-on with the new Motorola Razr+, I have hopes for the company's foldable efforts.
Motorola launches the new Moto G Stylus 5G (2023) with an upgraded Snapdragon chip, a new design, and a 50MP dual-camera setup.
The Moto G Stylus (2023) doesn't have 5G or a very powerful chipset, but it gets the job done and works well for the basics. Plus, the built-in stylus is always a plus.
Pixel owners attempting to leave the Android 14 beta program may want to consider downloading this update first.
The first Snapdragon W5+ Gen 1 smartwatch from Mobvoi promises to usher in a new era for Wear OS. The new TicWatch Pro 5 starts at $349 and runs Wear OS 3.
Netflix is warning U.S. subscribers that they may be charged for extra members on their accounts that aren't in their household.
Specs of the upcoming Razr 40 Ultra continue to leak, with roughly a week until the phone launches.
TikTok is suing the state of Montana over a bill that will ban the app from within the state starting in 2024.
Netflix is updating its mobile and TV apps with new ways to find both existing and upcoming content.
The upcoming Razr flagship has just leaked in new press images. Accompanying videos also show the cover screen in action.
If you're looking for a new Galaxy smartphone, the Galaxy S23 and A54 5G offer similar designs, cameras, and specs. However, one is nearly half the price of the other. Which should you choose?


text:
Andy Warhol works sell for $17 million at New York auction
November 14 , 2012
More than 350 works by Andy Warhol have been auctioned for more than $17 million in New York.
The Christie's auction featured photographs and prints such asEndangered Species: San Francisco Silverspot, which fetched more than $1.2 million.
Some of the works have never before been viewed by the public.
Jackie, a screen print and paper collage of Jacqueline Kennedy, sold for just over $626,000, more than double its estimate.
Christie’s said Tuesday's sale saw great demand for the photographs and prints with many surpassing their estimates.
The auction is the first in a series of live and online auctions to raise funding for the Andy Warhol Foundation for the Visual Arts in New York.


text:
Rangle Eyes Metro Atlanta for Software Development Hub
"Rangle prides itself on a true startup-like partnership approach and one aspect of that is working closely with our clients,” said Nick Van Weerdenburg, CEO of Rangle. “To that end, Rangle's Atlanta office signifies our commitment to support clients locally. Atlanta is a creative and tech talent hub and is a great place to do business. We're proud to participate in the technology community in Atlanta and partner closely with talent and clients in the USA."
“We are thrilled to welcome Rangle to Georgia’s thriving tech community,” said GDEcD Commissioner Pat Wilson. “As the industry grows at unprecedented levels, our talent, logistics network and top-ranked business climate continue to support the leading tech and cyber companies looking to locate here in Georgia. Congratulations to our economic development partners for making this exciting announcement possible.”
“Rangle is a valuable addition to our region’s ever-growing roster of international companies and a testament to our strong relationship with Canada,” said Hala Moddelmog, President & CEO of the Metro Atlanta Chamber. “Rangle clearly understands that metro Atlanta’s skilled talent, tech-focused ecosystem and competitive business climate are the right fit as they establish their U.S. presence, and we’re proud to welcome them to the region.”
“We are excited to welcome Rangle to Midtown, one of many international tech firms the City of Atlanta has attracted recently,” said Dr. Eloisa Klementich, President & CEO of Invest Atlanta. “Since 2016, Invest Atlanta has been able to work with several foreign-owned companies that have created 723 jobs, $17 million in capital investment and $310 million in total new economic output. At its new location in Atlanta’s Midtown tech center, Rangle will have access to tech talent and 27 corporate innovation centers as well as a direct transit connection to Hartsfield-Jackson Atlanta International Airport. We look forward to supporting Rangle as they grow their client base here.”
Georgia Department of Economic Development (GDEcD) Project Manager Sunny Anderson represented the Global Commerce Division in partnership with Invest Atlanta, Georgia Power and the Metro Atlanta Chamber.
2023 Top States for Doing Business Meet the Needs of Site Selectors
2022 Top States for Doing Business Provide an Environment for Business Growth
Why the Southeast Is Winning EV Projects, With More on the Way
EV and Semiconductor Projects Stand Out in States Receiving Area Development’s 18th Annual Shovel Awards
Power-Intensive Site Selection
EV Impacts to Watch in 2023 and 2024
2023 Auto/Aero Site Guide
First Person: Establishing a Robust Rare Earth Magnet Supply Chain