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Fuchs Silkolene new sponsor NTS RW Racing GP
With immediate effect from the Dutch TT, Fuchs Silkolene is a new sponsor of the NTS RW Racing GP team. The collaboration with the Dutch Moto2 team was established following the recently created partnership of team sponsor FIETEN OLIE with the lubricant manufacturer.
FIETEN OLIE, based in Hollandscheveld, the Netherlands, has been a loyal sponsor and partner of the team for years and is now also a distributor of Fuchs lubricants for the entire Netherlands in the automotive and agri sectors.
“We are proud that we can present this new partner in our home race, the Dutch TT,” says NTS RW Racing GP team manager Jarno Janssen. “It is a wonderful combination of an existing partner with a new one. This collaboration shows that sponsorship is more than just putting a sticker on the bike. We are proud that we have been able to bring these two parties into contact with each other resulting in this great collaboration. For NTS RW Racing GP it means an even stronger package for the future.”
“I am very honoured by the collaboration between NTS RW Racing GP, FIETEN OLIE and Fuchs Silkolene,” says Marcel Strüwer, manager Automotive Fuchs & Silkolene Nederland. “We could not have wished for a better timing, just before the Dutch TT. Fuchs wishes the Dutch team with the riders Bo Bendsneyder and Steven Odendaal a very successful remainder of the racing season.”
“We are delighted to announce a new partnership with the Moto2 team NTS RW Racing GP which I’m sure will be beneficial for the Fuchs and Silkolene brands also beyond the Dutch market”, said Joost van Genderen, Head of the motorcycle division of FUCHS Silkolene UK
More about FUCHS: https://www.fuchs.com/uk/en/
More about FIETEN OLIE: https://www.fieten.info


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Restaurant owners that serve alcohol need to be aware of two trends that are making waves in the industry. One is a trend that is can only increase your alcohol sales, while another could possibly damage your sales.
Craft Your Millenials Audience
Nation’s Restaurant News reports that the current young generation of drinks, Millenials (and to a fair bit, Generation X), are not the fans of Budweiser, Miller Lite, and more that their parents held on to have fallen out of favor versus craft beers. Craft beers are small and independent beer companies that produce much smaller quantities than their larger brethren, and at the same time, limit themselves regionally, for the most part.
With Buffalo Wild Wings, they initially tried to go in-depth with their descriptions of the drinks, eventually finding that shorter descriptions would be more effective and memorable. Much of the generation tackling these unearthed curiosities of craft beers will be able to do their research on their smart phone, and may even tackle a restaurant with the lone intent of trying a certain beer.
If your restaurant caters to younger crowds (not too young; they still need to be able to drink), you should look into which craft beers you can and should carry. Make an extra note about all the locally produced craft beers for ease and reputation, but you might also want to look for farther-sourced ones for curiosity sake. People might want to go to your restaurant just because it’s the only place to get a drink from the other side of the country.
Tighter Regulations Could Lead To Tighter Bills
All these extra craft beer sales might be rendered moot if the National Transportation Safety Board has their way. The board hopes to increase stricter DUI regulations. All US states have the legal limit of BAC at .08, but the Board hopes to lower that to .05.
With the lowered limit as reported by Huffington Post, the continuing belief is that a lowered BAC limit will lead to lower alcohol sales. The NTSB’s logic is that over 100 countries have an equal BAC limit and the 10,000 annual deaths caused by drunk drivers. Opponents argue that this wouldn’t stop the hevy drinks with .15 BAC that are the cause of 70% of deaths. Other groups, such as the Distilled Spirits Council and Mothers Against Drunk Driving, argue that .08 is appropriate, but needs to be more strictly enforced.
While alcohol sales might go down in restaurants, they may go up in stores that sell drinks, as many drinkers might chose to go to a friend’s house with a case of beer instead of spending money in a restaurant they have to drive to and from.

domain: news


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Samsung Electronics shares rise more than 4 percent
SEOUL (Reuters) - Shares in Samsung Electronics rebounded on Monday, rising more than 4 percent in a market lifted by stronger-than-expected U.S. jobs data and optimism about further easing by the European Central Bank.
(Reporting by Hyunjoo Jin; Editing by Chris Gallagher)
- U.S., Arab partners launch first strikes on IS in Syria |
- Qatar adamant it will host 2022 World Cup despite doubts
- Argentina's Fernandez to meet billionaire investor Soros in New York
- Ebola could strike 20,000 in six weeks, 'rumble on for years': study
- More Americans than ever have never married: survey


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$325,000 Burger: How Did Mark Post Grow A Burger In A Test Tube?
A Dutch scientist has created one of the world's most expensive foods: a $325,000 burger.
Mark Post, of the Netherlands' Maastricht University, created the burger out of beef muscle tissues grown in a lab. The $325,000 burger, which will be cooked and eaten in London in a few weeks, was funded by an anonymous donor.
Post said the tissue "tastes reasonable good," even though there's no fat content.
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To create the in-vitro burger, Post took stem cells from the necks of cows and injected them with fetal calf serum. This resulted in 20,000 strips of cultured muscle tissue, using tens of billions of cells, which were combined to form the burger.
How soon will the $325,000 be coming to a more reasonable dollar menu near you?
"This is still an early-stage technology," said Neil Stephens, a social scientist at Cardiff University in Wales. "There's still a huge number of things they need to learn."
Safety is one issue. Post and others claim that lab-grown meat should be as safe as conventional meat, and may be safer. Not only that, it could be healthier too. But consumers may be wary of eating something claiming to be meat that never grew from an animal.
"This is something very new," Stephens said. "People need to wrestle with the idea of whether this is meat or not."
One problem with current lab grown meat is that it can be soggy-looking. In 2009, Post acknowledged the problem, saying, "We need to find ways of improving it by training it and stretching it, but we will get there. This product will be good for the environment and will reduce animal suffering. If it feels and tastes like meat, people will buy it."
As for the cost, Post tells the New York Times, "If it can be done more efficiently, there's no reason why it can't be cheaper. It has to be done using the right materials, introducing recycling into the system, controlling labor through automation."
Post imagines that the day will come where massive amounts of high-quality meat are gown in vats -- meat that will includes layers of fat and even synthetic bone.
"In 25 years, real meat will come in a packet labelled, 'An animal has suffered in the production of this product' and it will carry a big eco tax." Post said, "I think in 50-60 years it may be forbidden to grow meat from livestock."
© 2012 iScience Times All rights reserved. Do not reproduce without permission.


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Registering with the Bureau of Internal Revenue would ensure that businesses are operating legally, BIR Deputy Commissioner Arnel Guballa said.
Guballa said small business owners need not worry about registration and about paying taxes if their earnings do not exceed P250,000 annually since they are exempted from paying income tax.
He said registration fee for online sellers is P500 and that is the only fee they need to pay unless they do not qualify for tax exemption.
“What we want to tax are the big businesses involved in digital transactions like Lazada and those operated by foreign entities like Netflix,” he added.
Guballa further said the call for business owners with digital operations to register with BIR has been made since 2013.
“We just reiterated recently because the number of businesses engaged on online selling rose during the lockdown,” he said.
He said said what the government wants is to collect value-added tax from big businesses using digital transactions.
For service providers that have main offices overseas like Netflix, Guballa said tax that would be collected is VAT since its service is being consumed locally.
Registration of all businesses is the first step for BIR to know who to run after, he said.
“We want to know the total population (of those using digital transactions),” he added.


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The LG V20 is now just days away from launch, so it’s no surprise that the flow of leaks is still ramping up.
A new render has been leaked online, seemingly confirming a number of design points about the LG V20. The render was obtained and posted online by tech blog Playful Droid, and clearly depicts the phone with a dual-lens camera. That’s supported by several previous leaks, all of which seem to suggest a dual-lens camera will ship with the final model.
It’s worth noting that the dual-lens camera is on the rear of the phone, with a single selfie shooter on the front. That’s in contrast to last year’s LG V10, which feature a dual-camera arrangement on the front of the phone, and a single lens on the back.
(Image credit: Playful Droid)
This leak comes just days before the September 7 unveiling of the iPhone 7, which is also rumoured to feature a dual-lens camera on at least one of the device configurations.
LG is expected to announce the LG V20 on September 6. The handset will reportedly feature:
- 5.5-inch QHD display
- 2.1-inch secondary screen (always-on)
- Snapdragon 820 chip
- Adreno 530 GPU
- 4GB RAM
- 64GB storage
- 256GB microSD slot
- 4,000mAh battery
LG has also confirmed that the LG V20 will feature Bang & Olufsen audio technology. It’s said that this will comprise of bundled B&O earphones, and a built-in 32-bit Quad DAC chip.
Related: IFA 2016
Watch: IFA Highlights 2016 – Day Two
What do you think of LG’s rumoured LG V20 smartphone? Let us know in the comments.


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Maruti Suzuki rolls out guidelines for staffs to counter COVID-19, says no compromise will be made on customer safety
Maruti Suzuki has rolled out a set of detailed Standard Operating Procedures (SOPs) for its vast network of over 3800 service centers across 1914 cities.
With the promise of uncompromised safety and unmatched convenience for its customers, Maruti Suzuki has rolled out a set of detailed Standard Operating Procedures (SOPs) for its vast network of over 3800 service centers across 1914 cities. These SOPs are devised to ensure safety and well being of the customers and staff. They adhere to all the advisories and guidelines stipulated by the State and Central Governments. Maruti Suzuki Service centers would be operational with the adherence to SOP’s across the locations cleared for starting operations as per the Government’s lockdown guidelines.
Speaking on the roll-out of SOPs for the service centres, Kenichi Ayukawa, Managing Director and CEO, Maruti Suzuki India said, “Maruti Suzuki is committed to taking every possible effort to ensure the safety of customers visiting the service centers. With Social Distancing as the new normal, we encourage our customers to avail convenience and safety of doorstep services such as – ‘Service on Wheels’ and ‘Pick and Drop’. With these service initiatives customers need not step out of their homes for car servicing.” Ayukawa added, “The workshop employees have been trained and equipped to make service processes contactless, requiring no paperwork, with focus on hygiene, safety and remote monitoring facilities.”
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Key measures that Maruti Suzuki is going to implement to achieve the above-mentioned safety and unmatched convenience goals for customers includes — training of workshop staffs, health monitoring of workshop staffs, minimum staff-customer interaction through maximum services being provided online, paperless digital service manual, etc. Maruti Suzuki India Limited or MSIL said that as per approval from competent authorities more than 2000 MSIL workshops are already active to take care of customer service needs across 1100 cities.
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Pokemon Go should be coming to Europe very soon according to trade paper MCV.
While Nintendo have seen a huge 25% surge in shares the mobile phone Pokemon game, which is taking the rest of the world by storm, still hasn’t surfaced in European App stores.
US, Australian and New Zealand users have clocked up huge numbers of hours on the Android and iOS game where players need to walk around their neighbourhoods to find and catch Pokemon or find gyms to battle in.
But sources in the know have been quoted by the Wall Street Journal as saying the proper European release of the game is only a few days away.
Would-be players in other regions have used several methods to gain access to the game, either through downloading the APK from other sites and adding it to their Android phone manually or by using US store accounts on their iOS device. A proper release, though, would open it up to the masses who don’t want to risk these methods or don’t know about them. The current version still works fine in the UK, where thousands of Pokemon fans have already been playing since launch.
Expect a large surge in players as the game properly releases.


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Wider British Trade Gap
Published: March 2, 1989
LONDON, March 1— Britain's merchandise trade deficit widened to $:2.09 billion, or $3.63 billion, in January, from a revised deficit of $:1.76 billion in December, the Government said today. The January gap compared with a deficit of $:1.45 billion a year ago, the Department of Trade and Industry said. The figures showed that exports totaled a record $:7.37 billion in January, but imports also set a record, at $:9.47 billion. The December merchandise trade deficit was previously reported as $:1.66 billion.


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Qonto, a company that provides online banking services for startups, has raised €10 million from its two main investors, Valar Ventures and Alven Capital.
London-based regtech and fintech startup ClauseMatch has raised £1.25 million. The latest investment was received from the Austria-based VC fund Speedinvest. SparkLabs Global Ventures and TechStars had previously invested in the startup.
German ad tech company Fyber has received a $7.9 million investment from UK digital media financing firm BillFront. The financing facility will help build Fyber’s internationalisation into more programmatic and real-time bidding (RTB) advertising markets while also marking BillFront expansion into Germany where it will partner with solarisBank. According to BillFront cofounder Christopher Vogt, German […]
Just over a week after obtaining its full banking licence in Sweden, fintech company Klarna has receiving a fresh investment from Visa. No terms for the deal were revealed but according to a report from Bloomberg, the Swedish company will be issuing new equity and will be targeting new regions for its services. According to […]
Fintech startup Soldo has raised $11 million in a round led by Accel. Connect Ventures, InReach Ventures, U-Start, and R204 Partners also participated. Soldo has launched cloud-based spend management services for both families and businesses. For the latter, the service is based on Mastercard’s network with Soldo’s own software providing expense and spend tracking and […]
Munich and London-based financial robo-advisor Scalable Capital has raised €30 million in financing. The round was led by BlackRock along with existing investors HV Holtzbrinck Ventures and Tengelmann Ventures. As part of the deal, Patrick Olson, BlackRock’s Chief Operating Officer of EMEA, will join Scalable Capital’s board.
Biometric ID platform AimBrain has raised £4 million led by BGF Ventures. The Series A round included Episode1, Entrepreneur First, and angel investors, Simon Rozas, Chris Mairs, and Charles Songhurst. AimBrain’s “biometric identity as a service” platform uses deep learning to track users’ behavioural biometrics such as typing speed, hand movements, touch pressures as well […]


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The ICM poll found 56 per cent of respondents reluctant to relinquish the controls of their car, compared to just 20 per cent of those who would.
The findings follow announcements from companies including Google, Ford, Mercedes Benz, Audi and Volvo that they are investing in developing driverless cars.
The poll showed women were more wary of the new technology, with 61 per cent saying they wouldn’t use a driverless car, compared to 50 per cent of men. Thirteen per cent of 55 to 64-year-olds backed driverless cars, compared to 31 per cent of people aged 25 to 34.
In a statement, Philippa Oldham, head of Transport at the Institution of Mechanical Engineers, said: ‘Autonomous vehicles would be a huge leap forward. Much of the autonomous technology - such as automatic parking - is already making today’s cars safer, greener and more efficient. We certainly welcome any investment made which may help to improve and develop vehicles.
‘However, these results show that although the technology is developing quite rapidly, the biggest hurdles these companies face will be convincing people to hand over control of their vehicles to a computer.’
In December 2013’s National Infrastructure Plan the government proposed making the UK a world-leading centre for the development and testing of driverless cars, creating a £10m prize fund for a town or city to develop as a testing ground for driverless cars
Driverless cars use techniques such as radar, GPS, and computer vision to sense their surroundings and control the vehicles navigation path. Google claims that its prototype vehicle has achieved more than 300,000 autonomous-driving miles.


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Details details details! This year’s MIR Bazaar 2016 and Ladies Luncheon hosted by Lian Fanjul de Azqueta and Raysa Fanjul took place last Saturday April 2nd and showcased a variety of vendors presenting an all-around theme of colorfully adorned pieces, from beaded statement necklaces and earrings to embellished handbags, and garments with jeweled and fringe details. […]
Tag: Raysa Fanjul
Fundación MIR hosts charitable Magical Splendor Golf Tournament 2016
Fundación MIR hosted two incredible events over the weekend for the children of their schools, the Magical Splendor Gala and the Golf Tournament. See our coverage of the gala event here, complete with new photos! The Golf Tournament took place Saturday afternoon in La Romana Country Club.
Naeem Khan Brings Color, Beauty and Bold Innovation to the Fundación MIR Magical Splendor Gala
*UPDATE: Don’t miss an entirely new gallery of pictures below!* The Fundación MIR Magical Splendor Gala is a much anticipated fashion event for Casa de Campo community members and international guests. This 26th anniversary edition, hosted by Raysa and Alfy Fanjul featured internationally recognized fashion designer, Naeem Khan and his Spring / Summer 2016 collection.
Raysa & Alfy Fanjul raise over US$55,000 for Fundación MIR
Following the Magical Splendor gala with fashion show by Badgley Mischka hosted by Raysa and Alfy Fanjul on January 17th of this year, the Fundación MIR continued it’s 25th anniversary celebrations with a fundraiser in Miami Beach at the end of February.
Best Fundación MIR Magical Splendor Gala & fashion show, celebrating 25 great years
On Saturday January 17th, the Fundación MIR celebrated it’s 25th annual Magical Splendor for Life Gala and Fashion Show, the best one so far. Celebrated at Casa Grande, with a cocktail hour with Chivas Regal and Ron Atlantico, fashion show by Badgley Mischka’s and their Spring Summer RTW 2015 collection, music and dancing with our favourite […]
Junior tickets for MIR Magical Splendor just US$150
On Saturday January 17th, the Fundacion MIR will be celebrating it’s 25 year anniversary with its annual Magical Splendor fashion show and gala, hosted by Raysa and Alfy Fanjul, and if you’re under 40 you are cordially invited to join the party for just US$150 per person.
Interview with Raysa Fanjul, hostess of the Fundación MIR Magical Splendor Gala & Fashion Show
Casa de Campo’s next big event is… the Fundación MIR Magical Splendor Gala & Fashion Show, this year celebrating it’s 25th anniversary!
A letter from Raysa & Alfy Fanjul
Next year the Fundación MIR is celebrating it’s 25th anniversary, and today in advance of this very special occasion we bring you a letter from Raysa and Alfy Fanjul, chairpersons of the Fundacion MIR Magical Splendor Gala being celebrated on Saturday January 17th. Dear Casa de Campo Living readers, We are pleased to extend a […]
Raysa & Alfy Fanjul invite you to celebrate Fundacion MIR’s 25th anniversary
Something very big and very special is coming… the Fundacion MIR’s 25th anniversary!
Fundación MIR celebrates the opening of new “Salón Multiusos”
On Tuesday April 15th, the Fundación MIR was very happy to celebrate the inauguration of a new facility for it’s more than 1200 children, the “Salón Multiusos” located at the Campo Nueva Esperanza. With more than 1200 students from pre-kinder to 4th grade, the Fundación MIR is one of the largest education centers in the area, […]
Investing in the future at the MIR Magical Splendor for Life
Here in Casa de Campo, the saying “give and you will receive” rings true each and every time we give to one of the many charitable causes supported by the greater Casa de Campo community. Last Saturday the 18th of January, as we celebrated the annual Magical Splendor for Life fundraising weekend, giving never felt […]


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(From left) Mouquet, Liu and Chan at the the Chivas Venture 2018 launch yesterday. Photo by Mohd Izwan Mohd Nazam
KUALA LUMPUR: Chivas Regal yesterday launched the Chivas Venture 2018, a global search to find and support the next generation of start-ups wishing to succeed, while changing the world for the better.
Chivas Venture was launched for the first time globally in 2014, and close to 6,000 social entrepreneurs applied to compete then.
The competition, which is now in its fourth year globally, and its second in Malaysia, will kick off in 29 countries from five different continents, before advancing to a global stage.
One winner will be selected from each country and given the chance to take part in an exclusive Accelerator Programme, followed by three weeks of online voting where the allocation of the first US$200,000 (RM852,000) of the fund will lie in the hands of the public.
This year’s competition will culminate in a series of high-stake pitches at the Chivas Venture Final, where the remainder of the US$1 million (RM4.26 million) fund will be disbursed.
The Malaysian winner for Chivas Venture 2018 will be selected by a local panel of judges consisting of Asean Centre of Entrepreneurship executive director Ehon Chan, publisher and group chief executive officer of The Edge Media Group Ho Kay Tat, producer, presenter and anchor for BFM89.9 The Business Station’s Enterprise radio programme Freda Liu, and managing director of Pernod Ricard Malaysia Sébastien Mouquet.
“In 2016, we saw a good number of submissions from interesting enterprises. With the company revenue threshold now increased to US$1.5 million per annum for the 2017 submission, I look forward to seeing more promising submissions and finding the right country winner who will inspire social entrepreneurs to excel in their fields,” said Ho.
Last year, the Chivas Venture Final was held in Los Angeles, where five enterprising grand finalists pitched to a panel of judges that included Oscar-winning actress and philanthropist Halle Berry, in front of a live audience of business leaders, influencers and Hollywood stars like Javier Bardem, Josh Gad and Don Cheadle.
Thailand’s Siam Organic, which aims to end small-scale farmers’ poverty, emerged the grand prize winner and took home the largest sum from the Chivas Venture fund — US$400,000.
Meanwhile, Malaysia’s homegrown FOLO Farms, became the country’s first-ever finalist. FOLO Farms, which is involved in the business of organic farming, was awarded US$10,771.62 in funding from Chivas Regal following last year’s public voting.
It is worth noting that the US$2 million given away over the first two years of the competition has been used to support start-ups with over 300,000 beneficiaries now in over 40 countries.
“Through our annual US$1 million fund, we have been able to accelerate the growth of some of the world’s most socially valuable businesses, which are now demonstrating real impact across the globe,” said Richard Black, Chivas Regal’s global marketing director.
“We inherited from our founders a firm commitment to use business as a force for good — and I cannot wait to see this year’s business ideas that might truly help shape our collective future for the better,” Black said.
Applications for the 2018 competition is now open for Malaysia. To participate in Chivas Venture 2018 or discover more about the impact the competition is already having across the world, visit the Chivas Venture website at www.chivas.com/en-my/the-venture.


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Places like Monk and Mongoose Gourmet Coffee in Lone Tree are what Keith Simon calls “the holy grail” of a planned development. The coffee shop in RidgeGate has become a popular spot for residents and area employees.
The executive vice president and director of development for Coventry Development, the main developer of the RidgeGate community, said it's those types of smaller, local businesses that he hopes to bring in abundance to Lone Tree's budding center, just east of I-25.
New buildings in RidgeGate, like the Charles Schwab parking garage, will feature surrounding retail and restaurants. The Kiewit building, coming to RidgeGate in 2021, will also feature smaller spaces for retail and restaurants.
“We had hoped for little sprinklings of retail among the community,” Simon said. “It's good to see those kinds of things. They're a lot harder to do, but they make it more of a vibrant place and they create these more independent-seeming businesses that help create this sense of community.”
As the much-anticipated Southeast Rail Extension project nears its grand opening in May, RidgeGate is gearing up for “fast-paced transformation,” according to a press release sent March 28.
The three new stations will be the cornerstone of new development in RidgeGate.
The Lone Tree City Center will feature a 400-acre “urban core,” that will be built over the next several decades. Development is expected to begin as early as 2020. The release stated the city center will serve as the new “downtown” for Lone Tree, centered around the Sky Ridge Station and mixed-use, transit-oriented development.
Three residential villages will be created on the east side of I-25 in RidgeGate beginning in 2020.
The Southwest Village near the RidgeGate Station and Schweiger Ranch will be the first residential village to begin construction. The Couplet District, along RidgeGate Parkway, will feature a major grocer and will serve as a local marketplace for the new villages. Well in the future, development of the Central Village, just southwest of the CU South Denver campus, the Southeast Village and the Lincoln Avenue Commercial District, will fill out Lone Tree's east side.
The villages will feature “civic amenities, retail and restaurants and support a walkable village environment,” the release states.
Simon said they are creating a “complete community,” integrating a broad mix of residential, retail, restaurants, office spaces, hotels, civic centers and parks and open space.
“We are looking for placemaking and thoughtful urban design to be a hallmark of the continued development on the east side of I-25,” Simon said in the press release. “This means creating diversity and walkability with mixed-use districts, and vibrancy with parks and plazas for outdoor movies, farmers' markets and other community events.”
The Sky Ridge, Lone Tree City Center and RidgeGate stations will officially open for public use May 19. The development of the city center, between Sky Ridge and RidgeGate Parkway, will serve as the “hub” of the activity for the area with 32 city blocks of development planned around it.
Mayor Jackie Millet said the city is excited about the development opportunities that will contribute to the city's reputation as a “premier Colorado community,” according to the release.
“Lone Tree and RidgeGate have demonstrated what can be accomplished when a municipality and a community developer collaborate to achieve their goals,” Millet said in the release. “In just 15 years, RidgeGate has enhanced the quality and character of our community with expanded employment, retail, recreational and cultural amenities.”
One of the keys to RidgeGate's fast-paced development has been its ability to attract major, diverse employers like Sky Ridge Medical Center and Charles Schwab, Simon said. Kiewit, a major construction and engineering company, recently announced plans to bring its regional headquarters to RidgeGate by 2021, adjacent to the Sky Ridge Station. The company plans to employ 1,100 workers.
“We're in it for the long term, so we want to make sure it is very high-quality, lasting and somewhat timeless. That's what it's always been about,” Simon said. “It's a little higher density than what you would find in the suburbs because we really think the time is right for it in the suburbs, and this has proven it true, what's happening here.”


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There are signs that some of the big vendors are hiring again, with application delivery specialist F5 Networks announcing it took on 100 staff in its fiscal first quarter.
NASDAQ-listed F5 said the move was made possible by strong revenue growth and stable gross margins.
F5’s Q1 revenue 2010 hit $191.2m (£118m) – 15.5 per cent up on last year and 9.2 per cent higher than the previous quarter.
Net profit rose from $21.4m to $29.3m year on year.
Chief executive John McAdam said: “Our business in EMEA continues to be quite strong, with a 20 per cent increase in revenue from last quarter and a 15 per cent increase from the first quarter of fiscal 2009.”
F5 also pleasantly surprised Wall Street by bullishly predicting revenue of $195m-$200m in its traditionally weak fiscal second quarter to 31 March.
“While seasonal factors typically make the second quarter our most challenging, customer buying patterns continue to stabilise and our near-term business outlook remains strong,” McAdam said.
Follow live updates from Fight Night at The Brewery in London and tweet using #CRNFightNight
CEO Denis Kaminskiy talks through growth plans after scoring £3m investment from YFM Equity Partners
Deal will see Daisy take on 80,000 TalkTalk business customers
Ginni Rometty claims AI will enable business to improve on an exponential curve, an event that has only happened two other times in the last 60 years


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Tea councils to check export quality
Read more below
- Published 3.07.12
|M.G.V.K Bhanu in Calcutta on Monday. Picture by Kishor Roy Chowdhury|
Calcutta, July 2: Stakeholders in tea are planning to form groups to vet the quality of exports, which have fallen in the January-March period.
Two such groups — called councils, with one for North India and another for the South — is being set up by the Tea Board.
The councils will be formed in the next three to six months and include exporters, producers, traders, warehouse owners and representatives of the Tea Board.
“This council will inspect every export consignment and tea warehousing facilities and standards prescribed by law. Members will also be registered,” said M.G.V.K. Bhanu, chairman of the Tea Board, on the sidelines of the 117th annual general meeting of the Calcutta Tea Traders Association (CTTA).
“This would also be the first of its kind representative body for tea exporters,” said Roshni Sen, deputy chairman, Tea Board.
Meanwhile, an additional 6 lakh square feet of warehouse space will be added near the Calcutta port over the next six months to the existing 17 lakh square feet. The board has held discussions with the Calcutta Port Trust to utilise their unused warehouse spaces.
“The port has communicated to me in writing that they will give it and this will be run in the public-private partnership mode. We will then ask them to maintain and confirm to standards. Meanwhile, we are issuing notices to them,” Bhanu said.
Tea exports came down 4.36 per cent to 43.8 million kg during January-March 2012, with north India contributing 29.4 million kg and the south, 14.4 million kg. Exports stood at 45.8 million kg in the same period last year, with the north exporting 28.3 million kg and the south, 17.4 million kg.
Meanwhile, the Tea Board has appointed the National Institute of Nutrition, Hyderabad, to carry out toxicological studies to assess the presence of iron filings.
“Tea dealers in many states have had stocks of tea seized by health authorities and a few dealers have undergone imprisonment. The board has also commissioned a study by independent agencies on warehouse charges in Calcutta, Guwahati and Siliguri,” said Sangeeta Kichlu, outgoing chairman of the CTTA.
Warehouse keepers have often complained that the charges fixed by the CTTA are not remunerative and discourage them to offer space.
L.N. Gupta, vice-chairman of the CTTA and managing director of Gupta Tea, has taken over as chairman, the CTTA. Tapan Kumar Chowdhury of Luxmi Tea is now the vice-chairman.


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Remember the ‘Olympic Destroyer‘ cyber attack?
It’s no secret that Sony has been keeping its player base from mixing with other platforms, and with the recent announcement of Fortnite cross-play with Switch and various other platforms, Nintendo of America President Reggie Fils-Aim has reiterated Xbox Boss Phil Spencer’s frustration with Sony’s refusal to join in on cross-play, stating that there isn’t much that they can do.
Epic Games has just launched a new patch for their third-person shooter title, Fortnite. Patch Version 4.4 introduces amongst usual bug fixes and changes a new grenade and a new limited time mode have been introduced. Save The World players can also expect a new hero to make use of – unfortunately, the hero is only available for non-switch gamers.
BitTorrent, the company which owns the popular file-sharing client uTorrent, has quietly been sold for $140 million in cash to Justin Sun, the founder of blockchain-focused startup TRON.
A 29-year-old former CIA computer programmer who was charged with possession of child pornography last year has now been charged with masterminding the largest leak of classified information in the agency’s history.
Security researchers are warning of almost a decade old issue with one of the Apple’s macOS feature which was designed for users’ convenience but is potentially exposing the contents of files stored on password-protected encrypted drives.
Campo Santano’s first person, narrative-based title, Firewatch, is running at a massive discount over on Good old games.


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Millennials are opening auto loans at a 21 percent higher rate than Gen X consumers did at the same age. But millennials are finding alternatives to other types of finance products, such as credit cards, according to a study by credit bureau TransUnion.
The auto loan and lease origination rate for Gen Xers when they were 21 to 34 years old was 12.09 percent, compared with 14.58 percent for millennials. That puts millennials ahead by 21 percent, TransUnion said. Millennials' personal loan originations are 98 percent higher than Gen Xers' at the same age, while their credit card and mortgage originations are lower -- by 22 percent and 47 percent.
The study compared millennial consumers, born from 1980 to 1994, and Gen X consumers, born 1965 to 1979, because they represent more than half of the overall buying power in the U.S., TransUnion said in a statement. "Younger borrowers offer lenders more growth opportunities in the future, as the largest volume of loan originations occur the decade after consumers turn 40 years of age -- a time when many consumers are near their peak earnings," said Ezra Becker, head of TransUnion's global research and consulting group.
For both generations, the study examined origination trends during a year when they were between 21 and 34 years old. For millennials the chosen year was 2015 and for Gen Xers it was 2001.
"Our study clearly shows that Millennials exhibit different preferences for credit products than Gen X'ers did at the same age," Nidhi Verma, co-author of the study and vice president in TransUnion's innovative solutions group, said in the statement. "While credit cards are not as popular with Millennials as they were with previous generations, purchasing or leasing an auto is clearly important to them. Digitalization allows consumers of all ages to more easily 'shop around' for vehicles, making the process less onerous. This is the market Millennials have grown up in, and the one in which they most naturally operate. In particular, the influx of [financial technology companies] into the personal loan space appears to have resonated as an attractive lending channel for Millennials growing up in the digital age."


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5 min read
Opinions expressed by Entrepreneur contributors are their own.
You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.
The Indian economy has grown steadily over the last decade, and there has been a parallel surge in the number of startups and new businesses in the country, the majority of which are started by men. India has a total of 58.5 million entrepreneurs and 8.05 million of those are women entrepreneurs, which adds only 14 per cent of women entrepreneurs in the Indian business setting.
While many Indian women have entrepreneurial ambitions, it is often more difficult for them to succeed. Compared to the global number of 126 million women owning a business, the stats for India seem nominal which was around 8 million women have started their own business in the year 2018. Despite this, it is inspiring to see Indian women increasingly overcome


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Not content to simply partner with services like Google TV, electronics manufacturer Sony is exploring the idea of launching its own Internet-based TV service, according to a Wall Street Journal report that cites people familiar with the matter.
Such a service would provide an alternative over cable-TV and satellite operators, but would also face growing competition from popular set-top boxes, like Roku, Apple TV and others.
According to the report, Sony has approached several big media companies about offering their TV channels to air over the proposed service, which customers would access through Sony television sets, Blu-ray players and the Playstation gaming consoles.
Basically, Sony wants to mimic what cable providers are already doing — reaching agreements with media companies for a channel (or channels) or content that can be bundled together and sold as a subscription to customers. Sony’s service, however, may allow for greater flexibility. For example, the company might charge for each individual channel of programming rather than large packages.
Sony has lots of incentive for wanting to enter the TV service market. It has millions of internet-connected devices in homes across America. It understand that most people find the current selection of premium TV content from cable providers over-priced. If Sony were to steal even a small portion of Comcast’s 22.4 million video subscribers, it would be very lucrative.
However, if Sony does decide to create its own TV service, its unlikely that it would be very successful. First of all, the company has to reach partnerships with all the same media companies that Comcast, Dish Network, DirecTV and others currently have. Since some of those media companies are also the owners of cable provider businesses, its unlikely that they’d be willing to forge deals with Sony. Also, the company has had ages to put together a media service comparable to Microsoft’s Xbox Live Gold offers. Any attempt to do so now would be well behind.


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Direxion Daily India Bull 3X ETF
Latest Direxion Daily India Bull 3X ETF News and Updates
Consumer Activity Is on the Rise in IndiaConsumer spending in India (INDL) stood at ~17.8 trillion rupees in 4Q16, an 11% increase compared to 16.0 trillion rupees in 3Q16.
How Is Bitcoin Faring after Last Week’s Slump?Investors (SPX-INDEX) around the world looked to gold (GLD) (IAU) for the rescue during the slump in bitcoin prices.
How Does CEO Confidence Index Assess US and Global Economies?The Conference Board CEO Confidence Survey is a quarterly report based on a survey that collects responses from approximately 100 CEOs who represent a variety of industries.
A Look at India’s Trade Gap and Its Economic ImpactIndia’s trade gap increased 173.5% on a year-over-year basis to ~$13.3 billion in April 2017, beating the market’s expectations of an ~$12.8 billion gap.


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lotsMillion, which has a strong presence in the northern European markets of Sweden, Finland and Norway, as well as in Australia and Canada, will now offer Betsoft’s Slots3 collection of “true 3D” video slots and the ToGo portfolio of mobile titles.
“We are excited to be partnering with SlotsMillion at this vital time in their operation,” said Anna Mackney of Betsoft.
“Players will be able to play Betsoft’s incredible games in a whole new way, using the power of virtual reality, which will be unlike any other experience currently available.”
“As we developed our virtual reality casino, we realised that we would have to add even more quality games to our current offering,” said Alexandre Tomic, co-founder of Alea.
“Betsoft is devoted to creating a one-of-a-kind i-gaming experience, a goal that neatly fits with our own commitment to providing the same to our large base of players around the world.”


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Essex residents have spoken out about the reality of life visiting and working at a popular shopping centre which has become troubled with crime in recent years. Lakeside Shopping Centre, in Grays, is visited by more than 20 million people each year - the vast majority of whom always have a peaceful shopping experience.
But the complex has also been a key location in a number of police investigations within the past few years. In April 2022, a 29-year-old was fatally stabbed in the food court of the shopping complex. The court heard during a murder trial that the killing was "over a throwaway flirtatious comment".
In another incident, two male victims had a shot fired at them from a weapon at the nearby Lakeside Retail Park - just an eight-minute walk from the large shopping centre. And then in June a 15-year-old boy was approached by a group of people who threatened him and demanded he hand over his phone.
The Shopping Centre area and Chafford Hundred railway station were also identified for "high visibility" police patrols to crack down on anti-social behaviour this year. In February, the Lakeside Community Policing Team completed more than 150 hours of high-visibility foot patrols. They have also carried out regular weapons sweeps and used the centre's knife arch.
Dean Cranefield, 67, lives near to the shopping centre yet is "not a regular visitor". Unfortunately for him, his family have a personal connection to crime in the area.
He said: "I've read about those cases in the news. I know it does happen here, my grandson was here and some older boys robbed him. He said it looked like they had a knife with them and so they just handed things over without any hassle. There's cameras everywhere. Sometimes it's better to have more of a physical presence though."
Bob Maguire, 75, and his wife Ann, 72, both have similar concerns that their grandchildren could become innocent victims or bystanders to serious crime. Mr Maguire said: "I have grandchildren who come back from here and tell me about what's going on all the time. If I'm being totally honest I do think that the security needs to be tightened up with cameras and more as it's so easy for people outside the area to jump on the train, run to Lakeside, jump back on the train and then they are away."
He added: "I grew up in the East End of London so it does not frighten me but you just have to try and educate them to be aware, get away if you see things happening and don't go in the car parks in the dark when you don't have to. I just tell them to be wary which is what I would do with any child."
Mrs Maguire continued: "It doesn't surprise me much. Nothing surprises me this day and age. I do worry about things happening to our grandchildren and try to instil what to do if things happen: to be aware and do not go anywhere on their own. It's not nice bringing them up like that but you have to now."
One member of staff, who requested anonymity but works at a clothing store in the complex, told EssexLive that they have no formal training to deal with incidents. He added that staff will try to "break up" altercations inside the store, but if it's one step outside their doors then "it's not my problem".
Tanya, 24, works at a stall within the complex part-time during holidays when she isn't working at a school supporting children with special needs.
"The murder does surprise me but the others do not," she explained. "I see some kids going past being really loud, shouting and swearing and playing music quite loud. So I understand the anti-social behaviour but the murder does surprise me. You do not think someone would do that here."
Not far from Tanya's stall sits a sign in the middle of the shopping centre's entrance that tells visitors that "intimidating" behaviour is not acceptable, large groups will be asked to leave, and that ski masks, hoods up and helmets are not permitted.
"The signs are basically meaningless," says Tanya. "No one really reads them. There's one down by McDonald's but they are not really eye-catching. No one will read the rules for the shopping centre, so they are quite pointless."
Tanya also said she hasn't had any training on whether she should intervene in altercations or whether she can "tell them to go away" or if she needs to call for the complex manager.
Chief Inspector Tony Atkin, District Commander for Thurrock, said: “Lakeside is a really safe place to visit and we have a really positive working relationship with them. We have a dedicated team of a sergeant and three PCs based at the shopping centre itself
"On top of their activity, since June there has been in excess of 150 hours additional hours of patrolling there and within the vicinity of Lakeside Centre, through a variety of different operations. Our dedicated team is supported by the centre’s management and security teams, and we’ve also built great relationships with people who work there.
"These connections mean they can respond swiftly to incidents and identify potential suspects. So even though crime is low, when it does happen, we can and do take action. In the last six months, we’ve made 19 arrests in connection with robbery offences alone.
"In July, there were no robberies reported at the centre. In recent months my team have also seen a shoplifter banned from a store in the shopping centre for two years, and banned from riding a bike or having one with him in the centre or the surrounding car parks and leisure facilities.”
Chief Inspector Atkin added that incidents of serious violence are rare: “I know there have been a couple of incidents which have received coverage in the media and will have caused concern.
“However, incidents like this are really rare. In one instance those involved were known to each other and in both cases, the offenders have been brought to justice.”
At the time of sentencing for Michael Ugwa's killers, Howard Oldstein, centre director at Lakeside, reiterated the general safety of the complex and said "incidents of this nature are incredibly rare – and that this was an isolated case."
He added: "Here at Lakeside, the safety and wellbeing of all who visit the centre is our number one priority. We have a highly trained security team on-site, able to respond quickly to any issue, as well as a close working relationship with the local police – with a dedicated Lakeside team making regular patrols."
Lakeside Shopping Centre were approached for comment.


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NEW YORK —The restaurant industry is in a recession, but leaders who focus on their employees and customers are more likely to come out ahead when the economy rebounds, according to foodservice veterans who attended the 24th annual Elliot conference, “Lessons in Leadership.” Nearly 300 senior executives attended the invitation-only, day-long program at the New York Athletic Club this month. Hosting the human resources-focused event was ...
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Apple Inc. (NASDAQ:AAPL) shares plunged today after closing around $585 on Monday. In Tuesday afternoon trading, Apple Inc. (NASDAQ:AAPL) shares were going for around $577 each, a small recovery from $573 per share late Tuesday morning. Today is the second time in less than 30 days that shares of Apple Inc. (NASDAQ:AAPL) have dropped below the $580 mark.
What’s especially interesting, as Forbes’ Panos Mourdoukoutas points out, is the fact that there’s no major corporate news that this drop could be attributed to. Mourdoukoutas believes that Apple’s stock is simply going through a correction phase, possibly because of investor disappointment because the company has not yet announced a special dividend like other companies have. He also said it could be attributed to low capital gains tax rates that are currently still in effect, although he admits that factor is difficult to measure.
The only news we’ve seen from Apple in the last day or two is the updated plans for its iPhone rollout, which would make it the fastest iPhone rollout yet. This month, the latest iPhone model will launch in more than 50 additional countries. The company is aiming to release the handset in 100 different countries by the end of the year. At this point, the rollout of the iPhone 5 is behind that of the 4S, but this updated launch schedule for December should help Apple Inc. (NASDAQ:AAPL) make up for and then speed past the rollout of last year’s model. Among the countries where the iPhone 5 will launch this month is China, where it will be released Dec. 14.
The view of Trefis analysts could also be affecting shares of Apple Inc. (NASDAQ:AAPL) today. They expect this rapid rollout to impact profit margins a bit, because of the high cost of components for the handsets and also the fact that Apple has several new products coming out just in time for the holidays. However, they do expect that the margins will rebound as the cost of components drops, although they also expects margins could decline steadily as the market continues to mature. Trefis is holding its $710 price estimate for shares of Apple Inc. (NASDAQ:AAPL). That’s about 20 percent ahead of today’s market price for the stock.


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You can't really get sunburned through a car window ... can you? Check out the 10 biggest sun exposure myths.
A scuffle between two men at a Walmart store started when one man entered the store through the exit door, police say.


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Electric car sales have slumped to their lowest levels in eight months compared to new petrol and diesel vehicles after the Government cuts grant for new buyers.
Car registrations figures for April showed battery electric vehicles made up just 6.5 percent of new purchases, down from a high of 16.5 percent in December.
The decline comes after the subsidy motorists can claim to buy an electric car was slashed from £3,000 to £2,500 in March, following high demand from drivers looking to make the switch.
Drivers currently are being encouraged by ministers to convert to purely electric vehicles ahead of the coming ban on the sale of new petrol on diesel cars in 2030.
However, the uptake of new electric vehicles, while growing steadily, remains relatively slow with the RAC saying there are around only 80,000 privately-owned purely battery-powered cars on the roads out of a total of around 32 million vehicles.
The figures published by the Society of Motor Manufacturers and Traders (SMMT) on Wednesday showed that of the 141,583 new vehicles bought in April 9,152 were battery electric cars.
While last month’s electric car sales were a more than 500 percent increase on the 1,374 sold last April, when dealerships were closed due to lockdown, it represented the lowest percentage of overall sales since August.
April’s percentage of electric car sales are also down on the average for 2021 so far, which has been 7.5 percent.
The SMMT said the slump meant purchases of new plug-in hybrids cars, the sale of which is also due to be banned in 2035, outsripped purely battery vehicles last month.
A spokesman said: “Unusually, plug-in hybrids, at 6.8 percent of the market, were more popular than battery electric vehicles at 6.5 percent, following cuts to the Plug-in Car Grant.”
The SMMT said it is now downgrading its forecasts for overall electric car sales for 2021 from 9.3 percent of all purchases to 8.9 percent.
As well as the cut in the maximum grant drivers can claim for new electric vehicles, the Department for Transport also reduced the maximum price of vehicles it can be used for from £50,000 to £30,000. This means many of the most popular models are not eligible, such as the Tesla Model 3, which starts from around £40,000.
However, ministers argued the overall funding for new electric vehicle grants has not changed, just that the money is now being targeted at lower cost cars to make purchases more affordable for the average driver.
The Government has pledged an overall package of £2.8 billion to accelerate the take-up of electric cars, which includes £350 grants for drivers to install charging points at home.
On Wednesday, Transport Secretary Grant Shapps hailed the progress being made on electric car sales saying that around 500,000 had been sold in the UK in total, including fleet vehicles.
The cabinet minister, who himself drives a Tesla Model 3, extolled the virtues of switching to electric by saying they were much cheaper to run than conventional cars.
In a Twitter video, he said: “In only eight and a half years everyone will have to be driving electric and now is a great time to start.
Mr Shapps added: “They are very, very inexpensive to run because it would take me probably only £7 to drive from London to Manchester in an electric vehicle.”
The Transport Secretary also moved to dispel concerns over ‘range anxiety’ - the fear that electric cars can run out of charge faster than conventional cars - which has been one of the main stumbling blocks to motorists switching over.
“Range anxiety is largely a concern people have but actually the reality is the average journey in this country is 8.3 miles and most of these cars do a couple of hundred miles [on a charge], these modern ones,” said Mr Shapps.


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Porsche is calling British shoppers to signal a freelance committing them to pay a surcharge of as much as 10% in their cars’ acquire worth if there’s a no-deal Brexit.
Vehicles made in Europe may draw in price lists of 10% if imported to the United Kingdom below the phrases of the International Business Group, the default buying and selling dating if the United Kingdom and the EU are not able to agree a transition duration earlier than 29 March.
The automobile trade is especially uncovered to the chance of a no-deal Brexit, as a result of its merchandise draw in rather prime price lists. Corporations that manufacture in the United Kingdom additionally face the possibility of disruption to their “just-in-time” provide chains if there are border delays.
Porsche, which is owned via Volkswagen, produces its vehicles in Germany and Slovakia, however the United Kingdom is a key marketplace. It offered 12,500 vehicles in Britain in 2018, accounting for smartly over a 5th of its international gross sales.
Costs for Porsche’s hottest fashion in the United Kingdom, the Macan sports activities software car, get started at £46,000, which means new house owners may well be liable for an additional £four,600.
Porsche’s hottest sports activities vehicles in the United Kingdom, the 718 Boxster/Cayman fashions, are indexed at between £44,000 and £60,000, however some fashions of its 911 sports activities automobile, Panamera saloon and bigger Cayenne SUV are indexed at smartly over £100,000.
Shoppers who positioned deposits on vehicles on or earlier than 17 January escaped the prospective fee.
The corporate mentioned: “Porsche Vehicles Nice Britain has selected to tell shoppers whose vehicles are prone to arrive after Brexit happens to warn them that they is also suffering from this tariff.”
Porsche mentioned the clause was once a precautionary step.


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According to a new study, Bitcoin would be a more popular safe haven than the US currency, Japanese yen, or Swiss franc. Furthermore, it is seen that the major cryptocurrency Bitcoin may become a top three asset in the case of a hypothetical debt default in the United States.
Investors are looking for hedges to safeguard their money as US President Joe Biden prepares to meet with Congress on May 16 to debate the US debt ceiling. According to Bloomberg’s latest Markets Live Pulse survey, gold, US Treasury, and Bitcoin would be the top three assets if the US fails to increase its debt ceiling and defaults on its obligations. The study was conducted from May 8 to 12, and 637 people participated, including both professional and retail investors.
If the US government fails to prevent a debt default, more than half of finance professionals will buy gold. US Treasury bonds would come in second, with Bitcoin ranking third among individual investors. As a result, Bitcoin is more popular than the US dollar, Japanese yen, or Swiss franc. According to the study results, around 8% of professional investor respondents and 11% of retail investor respondents are more ready to purchase Bitcoin.
The survey comes as markets become increasingly concerned about the United States debt cap. Treasury Secretary Janet Yellen warned in early May that the United States faces a catastrophic default as soon as June 1 if the debt ceiling is not postponed or lifted. President Biden later said that if the United States defaulted on its debt, the “whole world” would be in peril.
According to the Bloomberg poll, roughly 60% of respondents believe the dangers are worse now than in 2011. A default, according to 41% of respondents, directly threatens the US dollar as the key global reserve currency.


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Microsoft has confirmed that it will indeed acquire Acompli, the creators of a popular email app for the iPhone and iPad. This news was expected following a leaked URL on Microsoft's site last week that suggested the deal was going to be announced soon.
Microsoft did not reveal how much they paid for Acompli, although Re/code claims, via their unnamed sources, that the price was "north of $200 million." In his own post, Acompli CEO Javier Soltero wrote:
- Free - Download now
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(Reuters) - Visa Inc said it would buy Fundamo, a South African mobile financial services firm, for $110 million in cash, as the world's largest credit and debit card processing network looks to grow its mobile payments business.
Visa has been increasingly looking for growth from new technology, including mobile phone and online payments, faced with a saturated U.S. market for credit and debit cards.
Competition in the sector is heating up with Google Inc, Citigroup, and Visa's rival Mastercard joining up to enter the pay-by-phone system.
The company said the acquisition would hurt its earnings per share slightly for the year ending September 2011.
Hannes van Rensburg and the Fundamo management team will continue to contribute to Visa's mobile product offerings.
The company also signed a new, long-term commercial agreement with Monitise Plc, a provider of mobile money solutions for financial institutions.
Visa's shares closed at $76.71 on Wednesday on the New York Stock Exchange.
Shares of Monitise were up 8.6 percent at 28.5 pence at 1040 GMT on Thursday on the London Stock Exchange.
(Reporting by Jochelle Mendonca in Bangalore; Editing by Joyjeet Das)


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German consumers returned to the shops in May, official data showed on Friday, exceeding analysts' forecasts who had reckoned on a fourth monthly drop in retail sales in Europe's biggest economy.
Retail sales rose by 0.8 percent in May from the level in April, according to provisional adjusted figures by the federal statistics office Destatis.
Economists polled by Dow Jones Newswires had forecast an average 0.3-percent drop, on the heels of declines in the three previous months.
Although the figure for April was revised upwards, it still showed a fall of 0.1 percent.
Household consumption is a key factor of growth in an economy, although in Germany the critical driver activity is exports.
On a 12-month basis, retail sales for May increased 0.4 percent due to sales in food, drink and tobacco, while non-food sales slipped on a year-on-year basis.
The rise in retail sales comes a day after data revealed a robust labour market in Germany for June when unemployment registered a surprise fall, with 12,000 fewer people searching for work, and a poll earlier in the week showed buoyant consumer confidence.
Annalisa Piazza, of Newedge Strategy, pointed out that German retail sales data were very volatile and often substantially revised but said that German consumer spending remained "relatively upbeat" in the second quarter.
"German households benefit from the extremely resilient labour market and the limited impact of the recent slowdown on their disposable income," she said in an analyst's note.


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New open source asm.js effort gets a major boost from Epic Games and the end result could impact enterprise users for all browsers.
Gaming is among the most resource-consuming and complex of all computing tasks. Historically gaming has been the realm of native code running on bare metal operating systems, but thanks to a new effort from Mozilla, real gaming via a web browser is now a reality.
Vladimir Vukicevic, Engineering Director at Firefox and inventor of WebGL, explained to Datamation that gaming is an important target for the web platform. The importance only increases for Mozilla’s FirefoxOS mobile effort, which is set for full release this year.
“The web is ready for games and you can get the performance that developers eed and expect,” Vukicevic said.
“We’re out to support the web for the user,” Eich said.
Reblogged from: datamation.com


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Sony is reportedly putting the brakes on building new PSVR 2 units because its much-heralded virtual reality headset isn’t selling. The move only adds to mounting doubts about the viability of VR as a consumer product.
According to a new report from Bloomberg, Sony will pause production of any new PlayStation VR 2 headsets until it can shift a significant backlog of unsold stock. According to Bloomberg’s sources, Sony has produced over 2 million PSVR 2 units since its launch in February last year, and sales have slowed each fiscal quarter since. There are a number of ways to explain this.
Sony, like Meta, its main competitor in the VR space, has struggled to attract much attention to its headset outside of hardcore VR fandom. For one thing, it costs a lot of money to get one up and running — a bundle containing the PSVR 2 headset and a single game, Horizon: Call of the Mountain, weighs in at just under $960 AUD. And if you don’t have the PS5 console required to run it? There’s another $800 on top.
Sony has also failed to produce a supply of must-have PSVR 2 titles to please existing owners and drive interest in the hardware. Without much to get excited about, the PSVR 2 has languished as a platform. Owners describe the device variously as a paperweight or a dust magnet because units see so little use. Indeed, in my own experience, I think I can count on my hands the number of times I’ve used the PSVR 2 since launch. Gran Turismo 7 in VR was very cool, but a handful of late ports from other VR platforms has meant nothing else has caught my interest. Seems I’m not alone in that.
The news follows quite a bit of recent cost-cutting from Sony. The company recently culled over 900 jobs from its PlayStation division, shuttered its long-running London Studio, and cancelled several games in development. It also recently announced that it would begin the process of opening the PSVR 2 up to PC owners. The headset has, up to this point, been compatible only with the PlayStation 5 console.
Will this mean that Sony starts to discount the PlayStation VR 2 in an effort to get these fallow units out the door? My recommendation would be to keep an ear to the ground. You might be about to score one for a song.
The Cheapest NBN 50 Plans
It’s the most popular NBN speed in Australia for a reason. Here are the cheapest plans available.


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Ford will launch two new electrified vehicles in China as part of the automaker's plan to roll out a broad range of electric vehicles in the country by 2025.
The Mondeo Energi plug-in hybrid will launch in early 2018, and will feature an electric drive range of up to 50 kilometers (31 miles). The Mondeo Energi will be manufactured by Changan Ford, a joint venture with Changan Automobile.
The company also plans to bring a new battery-electric utility that will be sold in China within the next five years. It should deliver a range of more than 450 kilometers (279 miles), and will also be made available in North America and Europe, according to the automaker.
“The time is right for Ford to expand our EV lineup and investments in China,” said Mark Fields, Ford's president and CEO. “We are prioritizing our electrification efforts on China to reflect its importance as a global electrified vehicle market and to make lives better, simpler and more cost effective for Chinese consumers.”
Also as part of Ford’s electrification plan in China, the automaker said it will start manufacturing electrified powertrains in China by 2020. It also plans to expand its new energy vehicle engineering capabilities at its Nanjing Research and Engineering Centre.
Ford plans to offer a variety of electrified solutions by 2025 in China, including hybrids, plug-in hybrids, and battery-electric vehicles. By then, 70% of Ford nameplates will have electrified powertrain options, including the full range of nameplates produced by Changan Ford, according to the automaker.
In January, Ford confirmed seven of the 13 new global EVs it will launch in the next five years, including the battery-electric compact SUV that will be sold in China, and a hybrid autonomous vehicle designed for commercial operations in mobility services, starting in North America.


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Keiter State and Local Tax team leader, Terry Barrett, shares her insights on the aftermath of the South Dakota v. Wayfair decision on online sales tax and how it will impact business across states and localities in the September/October 2018 issue of VSCPA’s Disclosures Magazine article, “After South Dakota v. Wayfair.” At issue was whether a state may impose sales tax collection requirements on out-of-state businesses that have no physical presence in the state, but who make sales or provide services to in-state customers.
After South Dakota v. Wayfair Excerpt:
“As reported in the March/April issue of Disclosures, the U.S. Supreme Court agreed to hear a case that had the potential to substantially change the way states and localities impose sales and use tax. The Court heard the oral arguments on April 17, 2018 — coincidentally or not, Tax Day — and issued its opinion on June 21, 2018. At issue was whether states may impose sales tax collection requirements on out-of-state businesses that have no physical presence in the state but to conduct sales to in-state customers.
In a 5-4 decision in South Dakota v. Wayfair, Inc., the Court overturned its prior rulings in the Quill (1992) and National Bellas Hess (1967) cases and said that physical presence is not required to impose sales/use tax collection requirements on out-of-state (remote) businesses selling in the state. The Court found the physical presence standard “unsound and incorrect.” The Court’s decision will have far-ranging tax implications and accounting impacts on businesses; however, it is too soon to know exactly what they are. What we do know, though, is that businesses selling taxable good and services may have tax collection requirements in states where they may not have in the past.”
Access Full Article.
Source: VSCPA Disclosures Magazine
Additional Sales and Use Tax Resources:
About the Author
The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.


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The Franchise Shop is seeking a master franchisee to expand the business of Tax Assist Accountants in the Australian states of Victoria, South Australia, Western Australia and Northern Territory. The company has already helped this client to sell Master Rights for Queensland, New South Wales and Australian Capital Territory. Tax Assist Accountants has 280 locations in the UK and more than 20 in Ireland. David Paulson, Senior Manager UK and International Franchise Development for Tax Assist Accountants said, “Like the UK, the small business market is huge in Australia at over 96% and I know that the potential for business, combined with our innovative store front concept which has proven so successful in the UK, will go down well in Australia. The growth opportunity is significant.”
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For further information on the Tiger Bills franchise please submit your details below.


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CLEVELAND — The leaves aren't the only things falling this season. Prices on top items are lower than ever.
Now that summer is over, camping gear is on sale. Places like REI, Cabela's and Bass Pro Shop will have deals up to 50% off on tents, backpacks and other camp essentials. With many of us spending more time inside than out, patio furniture, lawn mowers and grills are on sale.
If you need a new pair of jeans or several, there's deep discounts on denim on the month of October. Lucky, Gap, and Levi's are having sales. According to shopittome.com, women will save on average more than 40% on jeans in October.
October is also National Plan a Cruise Month. According to Cruise Lines International Association, there are some deals worth considering, if you're considering a get-away.
Our friends at Deal News rounded up other great buys and not-so-great buys for the month of October: Find them all here.


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Bitcoin Messenger GetGems Raises $400K VC Funding from Magma Venture Partners
by Polina Chernykh · 2 min read
GetGems messaging app received an investment of $400,000 from Magma Venture Partners.
GetGems, a bitcoin social messaging application, secured $400,000 investment following a partnership with Magma Venture Partners. The Israeli company has already raised $600,000 through the sale of Gemz, which began a month ago. Gemz is a cryptocurrency issued on the Bitcoin blockchain via the Counterparty platform.
Magma Venture Partners, the major Israel-based VC company, entered into agreement with GetGems to support the startup’s future development. The VC firm is known for investing in Waze app, which was then acquired by Google for $1.1 billion.
Ran Achituv, General Partner at Magma Venture Partners, says: “We hope our investment as a well-known venture capital firm would also increase the Bitcoin community as well as general public’s trust in GetGems as a platform and therefore its cryptocurrency will have an increasing value.”
“[We] looked at Bitcoin a year ago, met 5 to 10 companies, and decided it wasn’t the time. We started re-looking at this about 3 weeks ago and met 10 plus new companies in the [cryptocurrency] domain. … We look in a company for 4 D’s: disruption, differentiation, distribution and D’he [the] team, and we got a strong YES on all 4 with the Gems team,” he told CoinTelegraph.
GetGems is a service that allows its users sharing messages with friends in a profitable and fun way, rewarding the most active users by sending them Gemz. The users are paid for referring other users and for viewing the sponsor messages.
The platform includes wallets for storing Gemz and bitcoins, which can be transferred to other users of the service and used for advertisements. Besides, secure encrypted messaging allows users remaining anonymous if they desire.
“Intrinsically, fundamentally, the way Gems views your attention is the right way to go. You should be compensated for that. So if someone wants to show you an ad, he can transfer some value to your view: GEMZ. … The blockchain is what enables the transfer of value. You just couldn’t do that before,” Achituv explained GetGems.
The service’s users are able to invite friends to join the platform and participate in the group chats, which can include up to 200 people.
The company is also in plans to integrate more digital currencies in addition to bitcoin.
The app is currently available at the Google Play Store in its beta version only for Android devices, while the version for iOS platform is scheduled to be launched in the next few months.
Polina is an undergraduate student at Belarusian State Economic University (BSEU) where she is studying at the faculty of International Business Communication for a degree specializing in Intercultural Communication. In her spare time she enjoys drawing, music and travelling.


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As Disney100 begins its highly anticipated celebration, Post recently unveiled two Disney cereals that will have fans enjoying some sweet magic in their breakfast bowl. From Mickey shaped bites to confetti cake flavor, these two special food offerings capture the Disney spirit in every bite.
For many people, Disney, its characters, and stories have been part of their lives. Whether it is the magical world seen on the screen or the pixie dust filling the air at one of the theme parks, the iconic brand is and will continue to be part of pop culture.
Throughout the Disney100 celebration, numerous brands will be celebrating the Disney spirit. While the Walt Disney World 50th celebration might be coming to a close, this subsequent event continues the magic and wonder that people crave. Even if wishing on a star might sound a little cliché, there are times when that willingness to believe in a little spark that anything is possible is the happy that people need.
Post is joining the Disney100 celebration with two Disney cereals. Whether people choose based on the connection, the flavor, or something else, it seems likely that these boxes will fly off store shelves.
According to Logan Sohn, Senior Brand Manager at Post Consumer Brands, “Post Consumer Brands is honored to join in the celebration of Disney100 alongside other manufacturers creating unique offerings this year. We are inspired by Disney and the wonder they’ve unlocked for consumers over the past 100 years, and we hope these themed cereal offerings help bring the celebration to life at the breakfast table.”
The two Disney cereals are a fruity cereal that is shaped like Mickey Mouse and a confetti cake flavored cereal. First, the confetti cake cereal is a flavor that captures a popular food trend. That sweet, celebratory flavor is more than just a dessert option. It has taken over the food conversation on many levels.
The one of a kind Mickey Mouse shaped cereal is another must try. Although the fruity flavor will appeal to many people, it is the shape that is the bigger draw. Just like having that ice cream, pretzel, or other food item at a Disney theme park, these type of offerings are iconic. Who wouldn’t want to start their day with a little extra magic in the bowl.
In addition to the two Disney cereals on store shelves, Post will be offering a special edition Mickey Mouse themed collector’s metal tin of the confetti cake cereal. This unique offering will honor “Post and Disney’s first collaboration on Post Toasties cereal in 1934.” The collector’s item will retail for $40. More information will be revealed on Post’s Instagram account and the special limited edition metal tin will be sold exclusively at Walmart.
Ready to celebrate Disney100 with Post and two Disney cereals. Shouldn’t every day have a little sprinkling of Disney magic?


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Zoe Saldana Hosts ‘Gen Art Fresh Faces in Fashion’ Event! (PHOTOS)
The longest running fashion presentation of LA Fashion Week, Gen Art’s 13th annual Fresh Faces in Fashion show presented by Moroccanoil took place on October 22 at Vibiana in Los Angeles, closing out STYLE Fashion Week LA.
A capacity crowd of 800 guests attended a cocktail reception and highlighted four accessory designers: IMAN TOLOUI, Plomo, Sticks & Stones and TOMTOM. THe reception was followed by a fashion show featuring the runway debut from women’s ready-to-wear designers 71 STANTON, Dear Creatures, Funktional, ODYLYNE, Stand and Deliver, swimwear designer, We Are Handsome and menswear designer CHAMBERS.
The show was hosted by the beautiful Avatar star, who wore a blush Antonio Burardi dress and ivory Giuseppe Zanotti pumps. She went backstage before the show and went through the designer looks, mingling with the designers and models, then introduced the show and took her seat in the front row.
Zoe is proving to be quite the glamour girl lately. Check out these photos of her strutting her stuff at the Motorola Mobility Launch Party a few days ago!


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Two model cars that play an important part in Britain’s motoring heritage have been bought for thousands of pounds at auction.
A unique model of the Mosquito – the forerunner of the Morris Minor – dating back to 1943 sold for £6,300 at Derbyshire’s Hansons Auctioneers. Meanwhile, a 1956/7 large-scale pre-manufacture design prototype of the iconic Mini made £850.
The sole surviving example of the ‘narrow bodied’ prototype Mosquito was bought by Mark Havard, owner of Canterbury Convertibles, a Kent firm which has been specialising in restoring Morris Minors for 35 years.
Meanwhile the Mini was bought by the British Motor Museum at Gaydon, Warwickshire, which boasts the world’s largest collection of historic British cars.
Mr Havard said: “I am a member of the Morris Minor Owners’ Club and have been restoring them for 35 years. I’d seen the prototype model on display before and even had my photo taken with it.
“It was something I very much wanted to own. I plan to lend it to the Morris Minor Owners’ Club so that it can be exhibited at their events annually.
“A Morris Minor Convertible was the first car I ever owned at 18. I saw one advertised as ‘Mr Rusty’ in the Kent Courier in 1974 and bought it. Today, due to my business, at any one time I usually have about eight of them for sale.
“It was when I was restoring one of my own Morris Minor Convertibles many years ago that I realised there was a need for a firm that specialised in restoration.”
Meanwhile, the model Mini is on its way to the British Motor Museum. Stephen Laing, curator for the British Motor Industry Heritage Trust, said: “We are delighted to acquire another piece of Mini history for the museum, joining our unrivalled collection which includes the very first Morris Mini-Minor and the last Mini to be made as well as an extensive collection of archive material from its designer, Sir Alec Issigonis.”
The models were sold by David Daniels, 82, of Swanmore, Hampshire, whose father, Jack Daniels was a close associate of Sir Alec Issigonis, the British car engineer and designer behind both cars.
Such was Jack’s contribution to the motoring industry as a development engineer, after his death at the age of 92 in 2004, The Times and The Telegraph ran obituaries. The latter said that, without Daniels, Issigonis would never have brought the Morris Minor or the Mini Minor on to our roads.
Mr Daniels, an Austin apprentice who worked in the motor industry as an area sales manager before retirement, said: “On behalf of the Daniels family we would like to thank Hansons Auctioneers for their excellent work. Their efforts have produced a result far better than our expectations.
“We have no-one to leave the two pre-production models to, so we are so glad they have gone to people who will treasure them as much as we have.We hope they will be available for others to see in the future.
“I have been lecturing and showing the cars to interested groups since my father Jack Daniels died 14 years ago, and Sir Alec Issigonis some years before that, to keep alive the memories of two of the most outstanding motor engineers of the last century.”
Charles Hanson, owner of Hansons, said: “I’m delighted these important pieces of British motoring history will stay in the UK, preserved for posterity.”
The Mosquito/Morris Minor and Mini prototypes were sold at Hansons Auctioneers, Heage Lane, Etwall, Derbyshire, on November 23.
Items are invited for our next Toy, Trains, Models and Live Steam Auction, email [email protected] or call 01283 733988.


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High street still very vulnerable
A new report, based on research by PWC and compiled by the Local Data Company, demonstrates that nearly three times as many shops disappeared from high streets in the United Kingdom in 2014 compared to the previous year.
The study of multiple retailers in 500 town centres across the UK shows that 5,839 outlets closed in 2014, while there were only 4,852 store openings. This equates to a net reduction of 987 shops compared with 371 shop closures in 2013.
Not surprisingly, the research found that the overall profile of town centres in changing - and changing rapidly.
The PWC statistics reveal that some 765 shops of a more traditional type - such as fashion and shoe shops - pulled down their shutters for the very last time in 2014.
In addition, service retailers, such as opticians, travel agents, hairdressers and recruitment agencies, witnessed a further net decline in shops - from -299 units in 2013 to -457 in 2014.
However, leisure stores (including food, beverage and entertainment outlets) continued to thrive, albeit at a much slower rate.
The research shows that there were an additional 233 stores of this type on the high street in 2014, compared to an extra 311 in the previous year.
In the meantime, charity shops, coffee shops, tobacconists and e-cigarette shops (the latest high street phenomenon), pound shops and betting shops were among those opening most new branches during the past year.
These latest statistics clearly demonstrate that the high street is in a very vulnerable position - as are those who trade on it.
The numbers expose the harsh impact of changes in the retail macro-environment which continue to affect traders operating in certain sub-sectors in high street locations.
High-profile retail collapses - like La Senza and Phones4U - contributed to these statistics for 2014, which equate to approximately 16 shop closures per day over the year.
It appears that the trend towards a high street providing fewer retail opportunities, fewer retail services and a more concentrated entertainment offering is set to continue apace.
- Donald C McFetridge is a retail analyst at the Ulster University Business School


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The Eclipse Cross is expected to be offered with both diesel and petrol engines with the option of two-wheel drive and four-wheel drive system
Mitsubishi always has a special place in the mind of Indians as people still remember the Japanese brand for its iconic models like Pajero and Lancer. But the company couldn’t continue the success in recent times as the successor of Pajero along with other models failed in our market.
Now the company is giving more importance to the Indian market and they are planning to bring more models to improve market share. One of the new models coming to India is Eclipse Cross and it is going to compete against Jeep Compass in Sub-20 Lakh price segment.
The Eclipse Cross made its global at 2017 Geneva Motor Show and the premium SUV has been popular among buyers for its sleek design as it is completely different from other Mitsubishi models. The H-shaped grille dominates the front along with LED headlamps and vertically placed fog lamps.
The SUV get black plastic body cladding across the body and mirrors are placed on the door rather than on A-pillar as it reduces drag. Mitsubishi has given a new design for alloy wheels, which comes in different size like 16 or 17-inch. One of the stands out part of the design is coupe roof line.
The rear design of Eclipse Cross is different as the company has given vertically placed LED tail lamps with an integrated spoiler at the rear. Like most of its competitors, the Eclipse Cross also gets silver finished skid plates at front and rear. Overall, the exterior of Eclipse Cross will certainly help it to stand out from the competition.
The interior design is simple and the company has used high-quality materials for the cabin to make it feel premium. The Eclipse Cross comes with lots of features like touchscreen infotainment system with Apple CarPlay and Android Auto, climate control, a touchpad in the centre console, head-up-display, cruise control, leather seats and more.
Globally, Mitsubishi is offering two engines options with Eclipse Cross. The 1.5 L turbocharged petrol engine puts out 163 PS and 250 Nm and the 2.2 L diesel engine produces 150 PS and 400 Nm. These engines are mated to a 6-speed manual and CVT gearbox along with the option of both two-wheel drive and four-wheel drive options. The Eclipse Cross India launch will take place by 2020.


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A Virginia Chick-fil-A restaurant is offering free-food vouchers in exchange for coins.
The move comes amid the national coin shortage spurred on by the COVID-19 pandemic.
On Thursday, the U.S. Mint issued a statement requesting consumers to begin spending their coins.
According to USA Today, the Mint encouraged consumers to "start spending their coins, depositing them, or exchanging them for currency at financial institutions or taking them to a coin redemption kiosk."
"Until coin circulation patterns return to normal, it may be more difficult for retailers and small businesses to accept cash payments," the Mint said in a statement on the matter. "For millions of Americans, cash is the only form of payment and cash transactions rely on coins to make change."
The Mint said in its Thursday statement that it had been operating at "full production capacity since mid-June, minting almost 1.6 billion coins during the month of June."
So what's the deal with the free food?
Chick-fil-A in Lynchburg, Virginia, said it will hand out free food vouchers to those who bring in $10 in coins to exchange for $10 in paper cash.
The company plans to host the promotion on Wednesday between 9 a.m. and 11 a.m and again between 2 p.m. and 4 p.m. The Lynchburg location announced the news via Facebook on Sunday.
The restaurant shared a photo of the promotion on its Facebook page, writing, "We need coins and you can help! We need you to bring ROLLED coins to our Wards Road location on Wednesday, July 29th between the hours of 9-11am and 2-4pm to exchange for the same value in paper bills."
"We will thank you with a Chick-fil-A card towards a future purchase," the post added. "Any $10 combination of ROLLED coin denominations accepted. Limited time offer until need is met. Maximum 10 coupons cards per guest. Only at Chick-fil-A Wards Road."


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Archie, a new fintech acceleration partner, has officially launched; with a mission to scale the next generation of fintech disruptors that could define and lead the sector.
With a belief that fintech founders need much more than financial backing to turn their ambitions into reality, Archie plans to identify and partner with a select portfolio of early-stage fintechs globally, working alongside a number of founders to help supercharge their growth.
By investing intellectual capital and growth expertise into Series A and B firms at the most critical stage of their go-to-market strategy, Archie hopes to improve the odds of high-potential fintechs breaking through and evolving from start-ups into sustained high-growth businesses.
Archie will initially focus on partnering with fintechs in Australia, the UK and the fast-expanding Middle East fintech market, where the team’s expertise, experience and networks are deepest and where they can help founders access global markets.
Led by one of fintech’s best-known serial entrepreneurs, Anthony Thomson (co-founder and former chair of Atom Bank, digital bank 86 400, and Metro Bank) with global tech and fintech leader Steve Brennen as founder CEO (Uber, PayPal, eBay and Zip), Archie brings together one of fintech’s strongest scale-up teams with deep expertise in delivering hyper-growth.
Archie plans to work side-by-side with fintech founders, deploying its team of experts to help supercharge partners’ growth, de-risk go-to-market strategies and maximise their chances of success.
Offering a new partner model to accelerate fintech growth, Archie will invest its intellectual capital, go-to-market and growth expertise, along with the ARCHIE NETWORK – in exchange for equity.
This ‘equity first’ model is a key differentiator within the fintech ecosystem, designed specifically to ensure a true partnership with fintech founders, aligning all interests and focussing efforts on driving success.
“Ensuring founders and their fintechs reach the heights they should”
Anthony Thomson, co-founder and chair of Archie, commented on the launch: “Fintechs are a force of good. For years they’ve disrupted the financial services industry, providing better products, services and experiences for customers. But despite many great ideas, too many have fallen short, having not had the support they need.
“Archie will change that. Our team is perfectly positioned to offer the real hands-on, senior support they need. And crucially, provide it now, with it being more important than ever for fintechs to use resources in the right way.
“We’re creating partners out of practitioners and ensuring founders and their fintechs reach the heights they should.”
Steve Brennen, co-founder and CEO of Archie, also discussed the launch: “Realising your dream and building a fintech isn’t easy. But truly scaling one is even harder. The Archie team has been there and done it, got the scars and the t-shirt.
“We have the know-how, expertise and experience of scaling global businesses. We’ll be able to parachute in and help founders develop and implement go-to-market strategies, avoiding the pitfalls and levering Archie’s deep experience in strategy, marketing, sales and governance across tech and fintech, as well as accessing the ARCHIE NETWORK to ensure access to the right talent, partners and finance.
“We know there’s an appetite for support just like this and I’m excited to help the next generation of fintech disruptors reach their potential – and help founders have the best journeys in doing so.”


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Foxconn Booth Employee Hints At June Production Or Release For iPhone 5 [Rumor]
A local Japanese TV crew recently approached a worker manning the booth at a Foxconn plant in the suburbs of Taiyuan in Shanxi Province asking about the massive recruitment of 18,000 workers. According the the TV crew the worker say something about ” being built for June.”
While this could be the start of the June iPhone 5 production rumors or launch, I will say you should remain doubtful as this source may not be the most credible source of knowledge for Apple’s plans.
When do you think the iPhone 5 will be released? Share your predictions with us in the comments below.