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Ethics in Finance. This is the motto of Euklid, the fintech startup which aims to disrupt the investment banking arena leveraging the potential of the blockchain and artificial intelligence.
Thanks to a sound technical background of its Rome, Italy-based team led by CEO & Algo-Trader Antonio Simeone, Algo-Trader Franco Grassi, CTO Francesco Di Leva and lead programmer Mario Giancola, Euklid is pioonering a platform that allows people to make investments based on sophisticated algos, which analyze financial markets with no human analysis.
In details, the technology combines elements of bio-computing, soft computing and evolutionary computation to offer a Long-Short Equity Fund, which aims to outperform the market while maintaining a low level of risk thanks to a diversified portfolio including over 70 among the most liquid assets between indexes and stocks. It also performs algo-trading on cryptoassets including Bitcoin and Ethereum.
The first results are encouraging.
Simeone told me that indexes and stocks have seen a 10% increase yoy (max drawdown 1.5%) while Bitcoin have seen a massive growth (109% yoy). This track record is proved by the use of the Blockchain technology, which gives the company the opportunity to offer a fully transparent financial service. Every signal used to perform transactions on the platform is permanently recorded on the blockchain, which means it cannot be manipulated in any way and its records are tracked by customers at any time. At a tech level, after the operation, the used signal is encrypted with AES 256 algorithm and written on the blockchain. After approx. 24 hours, they write – in a single message – the decrypted signal, the decoding password of the previous encrypted signal and the first 16 characters of the encrypted signal transaction ID.
In addition, savings and payments are going to be ensured via a partnership with a London, UK-based company that offers white-label and API-based payment solutions including e-wallets, m-wallets, remittance services, P2P money transfers, and prepaid card.
The company, which has already received a seed funding round from Club Digitale and Club Italia Investimenti 2, is also a member of Level39, the London-based technology accelerator for finance, retail, cyber-security and future cities technology companies. It also is among the 41 AI startups in fintech tracked by CBInsights.
Advisors include investment industry experts such as Paolo Savona, Christopher Pallotta, Luca Marseglia, and Raffaele Mauro.


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BIOSTAR has recently showcased its new RACING series 3D mascot Amy; Let’s find out how cute she is.
As a consequence of the current wave of AMD CPU updates, BIOSTAR’s B550 series motherboards have become a popular choice among gamers and content creators. BIOSTAR celebrates its cohesive partnership with AMD and the powerful synergy between AMD processors and BIOSTAR motherboards with the release of Amy’s 3D avatar with many more fun events planned for the future.
To celebrate the growing popularity and success of the RACING series B550 motherboard, BIOSTAR rewards its fans with a cute 3D version of Amy. The brand plans to use her in a variety of material including animated videos and live streams, so fans can expect some interesting content from her.
Here’s the first video from Amy where she showcases some of the renowned BIOSTAR motherboards and AMD processors:

domain: news


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The VICENZAORO January 2018 show drew to a close yesterday with the organisers, Italian Exhibition Group (IEG) – a company born from the integration between Rimini Fiera and Vicenza Fair, reporting over 36,000 visitors from 130 countries, a rise of 10% year-on-year. The first show of the jewellery trade fair calendar in the year, VicenzaOro January featured more than 1,500 brands, with about 40% representing 35 jewellery manufacturing countries other than Italy. Most exhibitors were satisfied at the huge turnout, the organisers said.
The VICENZAORO January 2018 had “Future” as its central theme and the opening event, VISIO.NEXT Summit®, offered a real glimpse into the world of luxury and jewellery with a focus on brand enhancement, new distribution channels and the role of the next-generation consumer.
VicenzaOro January has emerged as an important showcase for companies to unveil a preview of their new collections for the year. It also is an “official” celebration of sorts, where the Andrea Palladio International Jewellery Awards are distributed.
In a statement, the IEG said the brisk traffic over the past few days of the show seems to indicate a recovery in market sentiment in Italy after two subdued years, while also confirming the show’s standing as the 2nd most important jewellery show in Europe.
Significantly, there was a 10% rise in the number of visitors from Italy, while the figures for other countries reveal an across the board increase with the number of visitors from Japan rising by +31%, China by +29%, USA by +24%, Germany by +22% and Russia by +15%.
The show was supported by the Ministry of Economic Development (MISE – Ministero dello Sviluppo Economico) and ITA -Italian Trade Agency, and together they added 500 hosted buyers from the main markets to the over 1,500 invitees managed directly by IEG.
An additional attraction was T.GOLD, the world exhibition dedicated to different technologies for processing of jewellery. The number of visitors was up by 16% as the show is emerging as the hub of innovation, displaying the latest processes and products being introduced into manufacturing each year.
The next edition of T.GOLD International + METS will take place March 1-5, 2018 in Hong Kong while VicenzaOro September 2018 will be held in Italy from September 22-26, 2018.
News Source: gjepc.org


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Insomniacs games news: ‘InsomniAC games’ releases in the UK, Germany, France, Belgium, Netherlands and more
Insomnium games has just announced that InsomNauts is heading to the UK this year.
The game has been out for the last three years and has been in development for three years.
This year, the UK and Germany will be able to pre-order the game in April.
The title is set to launch in May in the Netherlands.
The game will be made available on PC, PS4, Xbox One, Switch and Wii U. The European version will also be released on Xbox One and Switch.
The InsomNIAC Games team also shared that Insotronauts, the latest in the Insomnicos games series, will be coming to the Nintendo Switch.
We will be releasing the game for Nintendo Switch in the next few weeks, and Insomnikos will be working closely with Nintendo to bring the game to the Switch.
The Switch version will launch on April 4, 2019.
The company said it plans to release another InsomNic games title, InsomnoCo, in 2018.


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Police: Serial shoplifters steal $10K in merchandise
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SOUTH JACKSON — Thousands of dollars in merchandise is stolen from a Jackson Walmart in what police are calling an elaborate shoplifting scheme. Those police say are responsible are now behind bars, and officers say this wasn’t the first time they’ve targeted a store in West Tennessee. Police are calling the pair serial shoplifters. The man and woman are now housed at the Madison County Jail. But before they were caught, officers say they stole more than $10,000 worth of merchandise and may be connected to similar thefts in Jackson and West Tennessee. “They are serial shoplifters or professional shoplifters,” Lt. Jeff Shepard with the Jackson Police Department said. “They tend to travel through different cities and commit the same crime.” But this dynamic duo’s shoplifting scheme came to an end Monday night. “We had adjusted the hours of a few of our investigators so they could be there in the wee hours of the night,” Lt. Shepard said. “They came in and set up surveillance and caught them in the act.” Dozens of cameras cover the south Jackson Walmart, inside and out. They caught Netanya Noonan’s and Courtney Hayes’ every step. “They were just going about the store like anyone would shop,” Shepard said. “Then they were concealing the merchandise in a wicker basket or a garbage can.” In the video, Noonan can be seen opening a box filled with new merchandise and emptying it. Seconds later, she can be seen filling the box with dozens of other items, trying to conceal them. “They were stealing stuff like Tide laundry detergent,” Shepard said. “Things you wouldn’t think, but it’s something that is somewhat expensive and you can trade it almost anywhere.” Other shoppers say thieves like these end up costing them more money. “They go in there and swipe it and run out the door with it,” Walmart shopper Bobby Jones said. “Naturally, Walmart loses money on it and charges us more.” Police say they’re trying to connect the pair to a number of other theft cases in the area, putting an end to their stealing frenzy. “When you steal something, you’re going to hell anyway,” Jones said. Investigators said Noonan and Hayes were known for using a getaway car and that it was easier to track them because they used the same one almost every time. If you recognize the pair and believe they may have stolen from another business in West Tennessee, call the Jackson Police Department at 731-425-8400.


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Dog wash Sydney: Bergroth’s study likewise underscores the value of timing when it comes to pet direct exposure: thus far, all
the evidence suggests that early direct exposure to family pets could be most helpful in lowering youngsters’s threat of allergies and asthma. That’s because during the very first year of life, babies’ immune systems are still finding out how to identify microbial pal from foe, as well as it could be that early training with low-dose exposures in the form of pet hair may be beneficial.
When it pertains to colds and ear infections, nevertheless, Bergroth’s study found an interesting twist: kids with animals were healthier total, however the health benefit seemed biggest in babies whose pets weren’t around as much. Those who had pets who spent less than six hrs a day inside, for instance, had less infections compared to children who matured with indoor-only dogs. That recommends that when pets are enabled to generate more dust and also microbes from outdoors, it helps reinforce babies’ body immune systems faster.
But despite the bright side regarding pets, it’s most likely not essential to get a pet dog or pet cat if you do not already have one. For one thing, some previous research studies have actually shown that for kids who might have a tendency to creating allergies or asthma, living with a pet could aggravate their signs and symptoms. Dog wash Sydney.


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SAN DIEGO--Because of the chilly reception this year for its redesigned Civic, which was universally panned for its cheap, hard-plastic instrument panel and center console, Honda is moving more quickly than planned on some midcycle changes.
"We take feedback seriously, regardless of who it's from, and we will act accordingly quickly," John Mendel, American Honda executive vice president, said in an interview.
The midcycle update normally would occur in spring 2014. But Mendel said the change could occur sometime in 2013.
Honda was in the midst of redesigning the Civic when the global economy imploded in 2009. Honda Motor CEO Takanobu Ito stopped the redesign in its tracks, and approved shortening the wheelbase and reducing content to appeal to budget-conscious consumers.
Reviewers chastised Honda for its penny-pinching ways after the car's debut in April. Consumer Reports removed the Civic from its "recommended" list for the first time in memory, calling it "cheap" and "insubstantial." A recent Wall Street Journal review called it "a betrayal."
For the car that leads the compact segment in retail sales--and is Honda's bread and butter--those words are damning when competitive entries from Ford, Hyundai, and Chevrolet have shown major improvement.
"I don't know how much we can do, and how quickly," said Mendel at the media launch of the redesigned 2012 CR-V crossover. "But the comments of Consumer Reports and our customers have not gone unnoticed. We are appropriately energized."
The launch was severely disrupted by the Japan earthquake on March 11. Dealers held blowout sales of the outgoing Civic in March and April, but allocations were slow in coming.
Still, the Civic was the most shopped nameplate in June, in the thick of the car's marketing launch, according to the consulting firm Compete Automotive. But the spike was surprisingly short-lived, and shopper volume declined quickly--"atypical for Honda in particular," the Compete report said.
The downgrade by Consumer Reports likely played a role in the diminished interest, Compete said.
Although Honda's supply base was battered by the March earthquake, Mendel said Honda is cranking up North American production, building one plant and expanding others, in anticipation of a big growth spurt beginning next year.
"You are seeing us building capacity back in, then remixing [production] based on the market," said Mendel. "We're not increasing production of any vehicle per se, but a multitude of different vehicles, then letting the market decide."
Honda Division had predicted sales of 1.2 million units this year, before the earthquake struck.
"It's a safe bet" to use 1.2 million units as a starting point for a 2012 sales target, Mendel said.
With sales off 6 percent through September in an industry that's up 10 percent, the Honda brand has taken a beating. It has lost 1.4 points of market share. Most of that loss has been attributed to production shortfalls stemming from the earthquake.
Mendel says the disaster has cost Honda 200,000 units of production meant for the United States. But with suppliers finally back online, Honda last week added a second shift at the Greensburg, Ind., assembly plant, which makes the Civic, generating another 100,000 units of annual capacity.
That is in addition to Honda having both its lines at Marysville, Ohio, running two-shift production resuming in 2012. That would be for the first time since Honda slowed the plants in early 2009 in reaction to the Lehman Brothers crisis. It also is adding a $64 million stamping press in Marysville, likely in anticipation of the redesigned Accord that comes next year.
Honda also is in process of building an $800 million plant in Guanajuato, Mexico, that will crank out 200,000 subcompact cars annually, starting in 2014, based on the Fit/Insight platform. Honda's Ohio transmission plant also has spent $50 million for aluminum casting operations.
Mendel said the moves are in anticipation of a strong recovery in auto sales. He cited analyst sales projections that vary as much as 3 million units for 2012.
"Regardless of what forecast you see, everyone is expecting growth," Mendel said.
"It feels good to let [the Indiana plant] stretch its legs."
The increase in local production also is a reaction to the increased strength of the yen against the dollar. Honda produces 80 to 90 percent of its U.S. sales in North America, but Mendel wants more.
"I don't think you can find anyone doing business in Japan saying the yen at 75 or 76 [to the dollar] is not a problem," Mendel said. "It's a big problem."
(Source: Automotive News)


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Good news! You may be able to enjoy those Valentine’s Day sweets this year after all. According to a study conducted by the American Heart Association, almonds and dark chocolate may help to reduce a risk factor that leads to coronary heart disease. Low-density lipoprotein (LDL) levels were shown to be significantly lowered by a diet that included raw almonds, dark chocolate, and cocoa. LDL or, as it is commonly referred to, “bad cholesterol” is found in our blood and it becomes part of plaque which can clog arteries. High levels of LDL will increase a person’s chances of having a heart attack or a stroke.
In the study, researchers found that, when consumed together, almonds, dark chocolate, and cocoa had a positive effect on the heart health of overweight and obese individuals. However, the researchers cautioned that their findings did not mean people could now enjoy all of the almonds and dark chocolate that they want. To see the benefits, individuals must consume these foods in moderation. The study saw that eating nearly one-third of almonds a day-either alone or combined with almost one-quarter cup of dark chocolate and 2 1/3 tablespoons of cocoa a day- may reduce one’s levels of LDL.
So, this Valentine’s Day you can indulge a little bit and enjoy a few pieces of chocolate from your little heart-shaped box. To learn more about this study, please visit the American Heart Association’s website.
Happy Valentine’s Day from Age Well CT!


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Amazing Leaders started working with adidas in 2012 and have since developed our managers. In 2016, adidas decided to invest in a leadership program that would bring the 'Creating the New' strategy to fruition. Based on adidas values of creativity, collaboration and confidence, we created the leadership program 'The Core'.
“2016 was an exceptional year for adidas. We have improved the desirability of our brands and products around the globe with a net income of more than € 1 billion for the first time in the history of our company. These results are proof positive that our strategy ‘Creating the New’ is paying off,” said adidas CEO Kasper Rorsted.
The program started as a Nordic pilot and has since then been rolled out with participants from other parts of Europe.


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INDIANAPOLIS (WISH) — Here’s a look at Wednesday’s business headlines.
Elkhart, which bills itself as the RV Capital of the World because its region is the country’s leading manufacturer of recreational vehicles, topped Wall Street Journal – Realtor.com housing index this quarter.
The index identifies the top metro areas for homebuyers seeking an appreciating housing market and appealing lifestyle amenities.
The top-ranked markets this quarter had faster-growing populations and more shopping interest from shoppers outside their metro areas than the market as a whole.
Smaller towns dominated the list as high housing costs and remote-work opportunities drive many home buyers to seek out more living and outdoor space.
American consumers are expected to have $46 billion less to spend on items like holiday presents this year, according to one study.
That’s because of sharply rising inflation – a good part of which is tied to a big jump in the cost of gasoline and heating oil.
With more pain at the pump, there’s less money for the fun stuff.
Romance scams cost consumers a record $304 million as more people searched for love online during the pandemic.
The FTC says as the pandemic pushed people to spend more time online, criminals targeted people on dating apps and social media platforms, especially older Americans.
Adults 60 and older lost $139 million to romance scams in 2020.
Brachs, the candy corn maker, was hit with a ransomware attack.
It reportedly found it had been attacked on Oct. 9 by ransomware that locked down some of its systems and halted manufacturing in some plants.
Halloween candy won’t be impacted.


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Wal-Mart Tops Fortune 500 U.S. List
New York Wal-Mart Stores held onto the top spot among American companies as the biggest revenue maker, Fortune magazine said Monday in announcing its Fortune 500 list.
Wal-Mart, with 2007 revenues of $378.8 billion—up 7.9% from the previous year—retained its lead over ExxonMobil with $372.8 billion in revenue.
However, ExxonMobil’s profit was more than triple that of the retailer at $40.6 billion compared to $12.7 billion.
The Fortune ranking is based on revenues. Other rankings of the largest companies may be based on profits or stock-market capitalization. Fortune also publishes a list of the top global companies.
Wal-Mart was the leading U.S. firm on this basis for the sixth time in the past seven years, Fortune said.
Wal-Mart remained the biggest employer, employing some 2 million people—more than the number serving in the U.S. armed forces, according to Fortune.
Report: Talbots expects loss in ’08
NEW YORK According to reports, Talbots is expected to report a net loss of 7 cents to 17 cents per share for 2008, after discontinued operations, and revenue growth of 3%.
In addition, according to reports the company is expecting a drop in same-store sales in 2008.
Meijer promotes non-invasive plants for Earth Day
GRAND RAPIDS, Mich. Meijer has partnered with The Nature Conservancy and to encourage shoppers to select non-invasive plants, trees and shrubs for their backyards. In order to promote the program, the company is hosting a special Earth Day open house on April 26 at all 181 Meijer stores throughout the Midwest.
“Invasive species can wreak havoc on local ecosystems by disrupting the delicate balance found in nature,” said Helen Taylor, Michigan state director for The Nature Conservancy. “This ongoing partnership between Meijer and The Nature Conservancy will hopefully help to reduce some of the damage done by invasive species by giving consumers the information they need to help their local environment.”
According to Meijer, visitors to the stores on April 26 will be able to learn about environmentally friendly products such as non-invasive plants recommended by The Nature Conservancy. In addition Meijer representatives will provide information on how to make a more earth-friendly garden.


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Box has hit back at claims its collaboration tools aren't designed for enterprise users but rather more general consumer use. The claim was made by president and CEO of rival collaboration tools provider...
Apple clears the decks ahead of big launch planned on Monday
CEO Reed Hastings sees Apple as a rival rather than a partner
Why now - and where is CI? CloudBees and Sumo Logic explain the need for yet another open source foundation
Industrial systems of Norwegian aluminium producer targeted in cyber attack


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2017 Ford Fiesta officially revealed – full specs and gallery
An all-new plush cabin, new Vignale option and a high-rise Active model all come to the best-selling, seventh-generation supermini; on sale in July
The seventh-generation Ford Fiesta has been revealed, including a new Fiesta Active model that tackles the current crossover trend.
The jacked-up, SUV-like trim is claimed to combine “rugged SUV styling with hatchback practicality and true Fiesta driving dynamics”.
Ford is also adding a luxurious Vignale model to the range, complete with quilted leather seats and an extensive range of kit, in order to address the growing popularity of higher-end trim levels.
The Fiesta’s styling has changed dramatically over the years, but Ford has taken an evolutionary approach with this seventh-generation model.
Eight years into its life, the current Fiesta remains the UK’s best-selling car. Referring to the less than dramatic departure in design for the new model, a Ford insider said: “It works for Volkswagen with the Golf.”
As such, the new car is instantly recognisable as a Fiesta, although it does have a broader grille and slimmer headlights than the current model, along with horizontal rather than vertical tail-lights, in an effort to make it appear wider and more grown-up.
Alongside the Active and Vignale specifications, those who want a sportier look will still be able to specify an ST Line trim, which brings bespoke alloy wheels, a more aggressive grille and side skirts, sports seats, a flat-bottomed steering wheel and sports suspension.
The new Fiesta uses a development of the outgoing model’s platform, complete with retuned MacPherson strut front suspension, rack and pinion steering and a torsion beam rear end.
The front track width has been increased by 30mm and the rear by 10mm, so the suspension geometry can be optimised for larger, 18in wheels. There’s also a lighter, stiffer front anti-roll bar that’s said to contribute to better roll control and more steering feel, and torsional stiffness has been increased by 15%.
Overall, the aim was to retain the current handling balance and improve the ride of what is already one of the most comfortable cars of its kind and the benchmark for driving fun in the supermini class. Only the sportier models feel firm, particularly the ST hot hatch.
The ST won’t be replaced until 2018, but when it does appear it will have more dramatic looks than today’s car in an effort to help it stand out from the cheaper and slower ST Line cars that will be available from launch. The hot ST is likely to use an updated version of the current car’s turbocharged 1.6-litre engine, although power is expected to be hiked from today’s 197bhp on overboost.
Until the arrival of the full-blown ST model, the new Fiesta’s engines will all be small, frugal units, including a more efficient take on today’s 1.0-litre Ecoboost, which will be offered with 99bhp, 123bhp and 138bhp outputs, and a new, entry-level normally aspirated 1.1-litre three-cylinder petrol, available with 69bhp or 84bhp.
In its most frugal form, this new engine is expected to emit just 98g/km of CO2, although the 94bhp 1.5-litre diesel will remain the most efficient engine in the range, with CO2 emissions as low as 82g/km.
Inside the new Fiesta, Ford has opted for a complete overhaul. Gone is the buttonheavy dashboard of today’s model, replaced instead by simple rotary temperature controls and a ‘floating’ touchscreen infotainment display (6.5in on lesser trims and 8.0in on Titanium and Vignale models).
The screen features big, clearly marked icons and is placed high up on the dash and in line with the instruments in order to minimise time spent looking away from the road when changing radio stations or adjusting the car’s settings.
In addition, the screen allows the sort of pinch and swipe gestures used to operate a smartphone. Alternatively, the infotainment system can be operated using simple, conversational voice commands, although this is likely to be a cost option on most models.
Perceived interior quality is much improved, too. The plastics are now as plush as those in a Mini or a Volkswagen Polo, while a semi-translucent piano black insert stretches all the way from the instrument binnacle to the centre console and is made in one piece so there are no unsightly shut lines.
The new Fiesta isn’t much bigger than today’s car. The rear seats flop down onto the bases when folded and there’s no adjustable boot floor to making loading and unloading easier. But the dashboard has been reshaped to free up more knee room, so four adults will be able to fit more comfortably inside the car.
There won’t be any budget versions of the new Fiesta, because Ford wants to leave room below it for the cheaper Ka+ model, which was introduced earlier this year. Instead, the Fiesta line-up will kick off with the Zetec trim that used to represent the mid-point in the range, meaning a likely entry-level price of around £15,000. That compares with just under £13,000 for a base Polo and closer to £12,000 for a Vauxhall Corsa, although Ford says all Fiestas will come very generously equipped.
Final specifications are still to be confirmed, but while the next Polo will be available only as a five-door hatchback, Ford will continue to sell the Fiesta in both three and fivedoor bodystyles.
Buyers will also be offered 15 driver assistance technologies, including automatic high beam assist, traffic sign recognition, adaptive cruise control, lane keeping assist and an automatic parking system.
The new Fiesta will also be the first Ford available with the latest version of the company’s autonomous city braking system, which can not only prevent a collision with the car in front but also detect pedestrians on or near the road, even at night.
Additionally, the outer rear seats now feature seatbelt load limiters and pre-tensioners — previously fitted only to the front seats — to help prevent injuries in an accident.
Along with the upgraded safety kit, there’s the option of a B&O Play premium stereo system with 10 speakers, including a boot-mounted subwoofer and a central mid-range speaker sited on top of the dashboard.
Sales for the new model kick off in July 2017.
Speaking at the Fiesta’s unveiling, Ford of Europe President Jim Farley said the company had “over-delivered” on the promises made four years ago – at the first Ford Go Further event – to streamline its business in Europe and to create new products and technologies.
Take a closer look at the new Fiesta with our video, below.
Or, to watch the Fiesta’s full presentation, watch the video below.


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LANCOME ENTERS RETINOL RACE
Byline: Alev Aktar
NEW YORK — Lancome is ready to unleash what should be its biggest skin care product to date.
Re-Surface Retinol Concentrate Wrinkle Corrector, the company’s first retinol facial treatment, will hit stores starting in late December. It is formulated to provide continuous wrinkle-smoothing action with retinol, the purest form of vitamin A.
Retinol is related to retinoic acid, which is prescribed by dermatologists to combat problems like acne and wrinkling. Retinoic acid products are available only by prescription, while retinol, which fights wrinkles and also improves skin tone and minimizes discoloration, can be used in cosmetics.
“The retinol market is large and growing at a very fast pace,” said Luc Nadeau, senior vice president and general manager of Lancome. “We firmly believe that it’s not about being first, it’s about being the best. Our formula is unsurpassed.”
The lotion will compete against a number of department and specialty store retinol entries, such as Estee Lauder’s Diminish Retinol Treatment, Christian Dior’s Phenomen-A, Helena Rubinstein’s Power A, La Prairie Age Management Stimulus Complex P.M., Prescriptives’ LSW Retinol Repair, English Ideas’ Eye Refine and Philosophy’s Help Me.
Nadeau declined to discuss a sales target, but industry sources estimate that Re-Surface could generate $35 million at retail in 2000.
Re-Surface, which was introduced in Europe in October, will arrive in select U.S. stores in late December — in time for the key treatment selling week between Christmas and New Year’s.
As reported, Re-Surface features nanocapsules, a patented technology that penetrates the skin’s surface layers and gradually releases retinol. The formula also contains skin-enriching glycerin, macadamia nut oil, corn extract and algae extract. The company is claiming that in two weeks, wrinkles “begin to retreat,” and in four weeks, “a new skin surfaces.”
Re-Surface can be used day or night and with or without a moisturizer.
Unlike many retinol entries, it is not necessary to apply sunscreen while using Re-Surface, although the company does advise it.
A 1-oz. air-tight tube is priced at $52.50.
Re-Surface will be backed with an aggressive TV, radio, magazine and newspaper campaign, as well as two million samples.
In January, three back-to-back Lancome spreads — the third touting Re-Surface — will run in five major magazines. At the same time, Re-Surface spreads will run in 11 other magazines.
Nadeau didn’t reveal a budget for the advertising and promotional campaign, saying only that “it’s far more than we’ve ever spent before to launch a skin care product.” Sources say the company has earmarked at least $10 million for the cause.
“This is the biggest skin care launch in the history of the brand,” concluded Nadeau.


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Latest Microgaming Stories
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New product now live on flagship GR88.com site LONDON, U.K., Oct.
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DUBLIN, April 1, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/nw47t4/online_poker) has announced the addition of the "Online Poker
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GIA announces the release of a trend report on Online Poker.
- A volcanic mudflow.


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BOSTON:There was a time when butter was the bad boy of the civilised world; it was held responsible for strokes, heart attacks and other conditions. Margarine was supposed to be the healthier alternative and came to be eaten by fit, healthy people and those who cared about their cholesterol levels. But now, new studies have made shocking revelations.
In fact, margarine has the same number of calories as butter! Therefore, eating margarine instead of butter doesn't help us either lose weight or reduce the number of calories we consume. What we have been hearing all this time has been marketing hype, a ploy to increase sales and fatten the bottom lines of large multi-national companies.
What is really alarming is that another study has been published in which researchers have proven that the only difference between margarine and plastic is one molecule! Yes, margarine is just a molecule away from being plastic. This means that we are effectively melting plastic to spread on our waffles and toast each morning.
Margarine also has higher LDL, which is the bad kind of cholesterol. What's more, margarine is known to be higher in fatty acids, tripling the chances of getting heart disease. Studies have now revealed that margarine increases the risk of cancer and reduces our immunity, insulin and the quality of breast milk in a lactating mother.
The only redeeming factor that margarine has is that we consume only 5 grams of saturated fat when we eat it, compared to 8 grams of saturated fat in the equivalent quantity of butter. This is the only point in which margarine scores over butter.
A Harvard Medical Study has been published, in which it was discovered that if women consume the same amount of margarine as butter, then they actually increase their risk of heart disease by more than 50%! This means that butter is much better than margarine.
Butter is better in many other ways too. For example, when you consume butter, it helps you to absorb nutrients from other foods too. Butter also helps you strengthen your bones and gives you many other types of nutrition. Also, it is known to taste better than any flavour of margarine!


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Businesses are choosing to invest in Right to Work Alabama over other states, and we have two great examples right here. The latest Right to Work Alabama investments are coming from Beyond Gravity and Hyundai Mobis. Read on so you can find out more about what these will mean for the economy!
Beyond Gravity is planning to add a new facility soon in Right to Work Decatur, Alabama, where they will also create 200 new jobs!
“We have a long history of a strong partnership with Beyond Gravity and look forward to continuing the great work as we increase our launch rate for our Vulcan launch vehicle.” […]
“Alabama has long been a major player in designing and manufacturing the most innovative, complex solutions to conquer skies and space, and we are continuing to influence the direction of the global industry today. […] Companies around the world know our workforce has proven itself, time and time again, and that’s why they keep turning to Alabama to help solve the industry’s biggest challenges through groundbreaking work.”
Hyundai Mobis is investing $205 million in order to add a new facility in Right to Work Montgomery, Alabama and create 400 new jobs!
“As the EV market continues to grow, having a strong production capacity will be key in allowing Hyundai Mobis to see continued growth in the market. […] We believe this new facility in Montgomery will be an important step in that process, and we are excited for the project to be under way.” […]
“Hyundai Mobis’ investment project in Montgomery reflects an acceleration in the development of the EV supply chain in Alabama’s auto industry. […] We’re going to be a major production player in the EV market, and that’s going to trigger more growth within the sector.” […]


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It’s time women got in on the investing action, says financial wellness expert Angela Meyer.
It’s time women got in on the investing action.
Women drive the economy. We dominate the purchasing decisions in the market. Every dollar we spend or invest has the opportunity to help shape the kind of world we want to live in. An estimated 80 percent of daily consumer decisions are made by women (for products for both men and women). Eighty percent is not a niche. It means $28 trillion of the world’s $35 trillion consumer economy is in the hands of women. We are great at spending, but when it comes to saving, we need some help.
It’s time we got in on the investing action
I remember meeting a man about 20 years ago when I was backpacking around Asia. He had…


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The supply chain crisis precipitated by the pandemic resonates in just about all consumer goods, from microchips to food. In the case of the latter, consumers were specifically struck by price hikes in their poultry: Turkey production, for instance, went down as factory workers were sent home for public health reasons, which in turn has affected Thanksgiving and other celebrations where turkey is consumed.
Now, a pandemic is afflicting the poultry industry — but not the COVID-19 pandemic. This time, it's a particularly virulent strain of bird flu, which could have a ripple effect on an already-tenuous poultry industry if not controlled.
Outbreaks of a lethal strain of Highly Pathogenic Avian Influenza (HPAI) have been found in poultry from Maryland to South Dakota, according to reports from the U.S. Department of Agriculture. The discoveries reinforce concerns that wild birds may be spreading the disease to domesticated flocks. That could have bracing ramifications for the poultry industry. By law, farmers are required to kill their flocks once infection has been detected.
Dr. Andrew Bowman, an associate professor at Ohio State University's College of Veterinary Medicine, told Salon that the wild birds detected with the disease have included waterfowl, while on the "commercial" side there have been infected chickens and turkeys.
"That disease is caused by various Type A influenza viruses," Bowman explained. "The one that we're seeing now causing this disease seems to be a fairly widespread virus, at least as we're picking it up, as we're seeing it detected from the eastern coast of us all the way into the Midwest, so it's likely spreading through wild birds. Then from there we're having spillover into domestic culture, whether that's in small backyard flocks or in larger commercial operations."
Want more health and science stories in your inbox? Subscribe to Salon's weekly newsletter The Vulgar Scientist.
Dr. Alejandro Banda, a clinical professor of veterinary medicine at Mississippi State University, told Salon by email that this outbreak of avian influenza is not like those which preceded it.
"In very short time, there have been detections in several states of different geographic areas, that involve different types of poultry species, including turkeys, layers, broilers, backyard flocks and several detections in wild birds," Banda explained.
There are more problems here than simply the widespread nature of the disease. As recently as last month, studies confirmed that the virus is capable of surviving on raw chicken meat in harsh conditions. In order to stop it from spreading, farmer will need to be careful and thorough.
"Some highly pathogenic avian influenza viruses may contaminate the meat, and this meat could serve as a vehicle to disseminate the virus to other zones," Banda told Salon. "That is the reason of the movement controls and restrictions in the movement of poultry-related products that affected states may establish as a response of an outbreak."
Dr. Samuel G. Custer from Ohio State University told Salon by email that the poultry industry currently "should not see any effects from the influenza," adding that "the virus has been controlled for the most part. A significant outbreak would cause disruptions. Therefore producers continue to operate at elevated bio-security levels."
At the same time, consumers have little cause for alarm in terms of their personal safety.
"The commercial poultry industry in the United States has very strict and effective controls for the processing, inspection and distribution of poultry meat and eggs, therefore it is very unlikely that products contaminated with this virus could reach the table of final consumers," Banda told Salon. "Furthermore, avian influenza viruses are very susceptible to temperatures reached by standard cooking procedures." As a result, there is no immediate health concern to the general public, although as usual (Banda wrote with emphasis) "the proper handling and cooking of all poultry and eggs to an internal temperature of 165°F is always recommended as a general food safety precaution."
Bowman echoed Banda's warning.
"I think the important thing for consumers to remember is that proper handling of poultry products and proper cooking of poultry products is always important, whether it's for this or for other pathogens like salmonella that we are all kind of familiar with as being in poultry products," Bowman told Salon. "So as long as we have a proper way of handling the cooked chicken we should be fairly okay from a health risk standpoint."
For more from Salon on birds:


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In a bid to lure more international visitors to Australia and reaffirm its leadership position in offering world-class coastal and aquatic experiences, Tourism Australia (TA) hired Citizen Relations to launch its latest installment of its global There’s Nothing Like Australia ad campaign, entitled “Australia is a place you feel.” On a size and scale never seen before in destination marketing, TA’s campaign was anchored by the launch of its global TV spot, the announcement of its celebrity brand ambassador plus a host of ground-breaking Virtual Reality, 360 and 3D technology, and user generated content … allowing travelers to “feel” all the wonders of Australia before even getting there.
To build excitement leading into the launch, TA announced its newly appointed global ambassador, A-list actor and Aussie native Chris Hemsworth, who would become the new voice of the global campaign and unveil the creative at an event in New York City on the eve of Australia Day (January 25).
The Australia Day VIP event not only brought the sun, fun and Aussie lifestyle to freezing NYC, it provided a launch pad for global storytelling by preeminent Australian influencers, including Australia’s Minister for Foreign Affairs the Hon. Julie Bishop, Australian chefs Luke Mangan and Curtis Stone, among other notable Aussie expats and celebrities.
In tandem with the event, Citizen worked with several social influencers and "friends of Australia" to post celebratory Australia Day messages across social, including images/video from their favorite Australian experiences and links to Australia.com to help drive conversion.
Immediately following the launch event, TA embarked on an aggressive media tour, introducing travel publications/influencers (who could not attend) to the new campaign and VR assets. TA's Managing Director, John O'Sullivan, conducted a business media tour to illustrate the importance of the US market to Australian tourism, demonstrating why "There's Nothing Like Australia."
The launch campaign surpassed all US PR goals, with coverage across all major news, entertainment and lifestyle outlets.


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Shadow of the Eternals has failed to reach it’s Kickstarter funding goal for a second time. Disastrous as the news is, I can’t help but drop the blame on the developers themselves for pushing away backers because of the sudden closure of their first campaign.
Shadow of the Eternals was introduced earlier this year as a spiritual successor to Eternal Darkness: Sanity’s Requiem. The game’s initial Kickstarter campaign started off on a pretty average note with backers pointing out two main problems in the mix.
First of all the development team at Precursor Games comes directly from Silicon Knights, who have little to show for their recent products and also are currently knee deep in financial problems. There were even rumors about the former Silicon Knights employes to be hosting the Kickstarter campaign just to pay off their old debts. Additionally backers were pretty angry when they found out Precursor Games to be hosting a second crowd-funding campaign running in parallel to the Kickstarter campaign.
Eventually Precursor pulled the plug on both of its campaign stating that there was “noise” surrounding the project. Denis Dyack from the firm also admitted that their campaign could have gone better and that they’ll be back stronger than ever with something better.
The campaign was launched again last month and asked for $750,000 in funds. However, it failed to acquire the set amount, ending with $323,950. It remains to be known as to whether this means the end of the title. Precursor may tackle the game again in the near future but for now the game seems pretty much dead.
Shadow of the Eternals was planned for PS4, PC and Wii U. Wii U, PS4 and PC on Steam.


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Indonesian digital veteran and CEO of Bubu.com Shinta Dhanuwardoyo has been named co-founder and CEO of Sqeeqee, according to a release. Dhanuwardoyo will be working together with Jenny Q. Ta to develop the website, dubbed as the world’s first “social networthing” platform.
Sqeeqee describes itself as a “social commerce platform” that gives its users the ability to monetize and generate ad revenues from their individual and professional profiles. The site’s system allows users to make money doing what they already do online; building a network of associates, post status updates, share pictures, host videos and browse pages in line with their interests. In this way, Sqeeqee is the first platform to integrate the numerous features of world-renowned websites and allow its users to monetize their daily social networking.
Commenting on Dhanuwardoyo’s appointment, Jenny Ta said: “Working together this past year on VCNetwork.co, Shinta and I both learned that our skills complement each well, and that’s why I believe our partnership is at its strongest.”
“I’m thrilled to extend our working relationship to include Sqeeqee. Besides continuing to add user growth and expand the Sqeeqee brand globally, Shinta and I will consider partnerships in new investments, potential acquisitions, and look to retain financial advisors and investment bankers to help with this rapid growth,” said Ta.
With recognitions like “99 Most Powerful Women” by Globe Asia and “Inspiring Women Honor Roll” by Forbes Indonesia, Dhanuwardoyo is a brand in her own right in the Indonesian digital space. She has been in the sector since 1996 – a little over two decades – when she founded her first company, Bubu.com.
In addition to founding Bubu.com- a web development company that later evolved into a full-service data-driven digital agency- Shinta also served as CEO of Plasa.com (now Blanja.com), a Telkom Indonesia owned e-commerce marketplace. Plasa.com attracted investments from eBay in 2012 in a joint venture between the two companies aimed to create a marketplace that connects hundreds of millions of merchants to customers both locally and globally.
Dhanuwardoyo also served as the Managing Partner at Nusantara Ventures, a pioneering technology venture capital fund in Indonesia aimed at helping entrepreneurs create and grow market-leading digital media companies throughout the region from 2011 until 2013. She also co-founded Silicon Valley Asia Technology Alliance, a non-profit organization (incorporated in 2014) whose mission is to bridge the flow of ideas and collaboration between the tech industry in Indonesia and Silicon Valley.


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The owner of Valli Produce, the grocery store that will replace Dominick’s and anchor the Evanston Plaza Mall, said the store will be “different than what this town is used to” but may open a month later than expected due to delays in the building permit process with the City.
Frank Schwab, of Schwab Realty and Development, developer of the plaza, spoke at the Feb. 12 Second Ward meeting. He shared mock ups of the proposed interior and exterior of the store, described the foods to be offered and talked in general terms about the mall.
His initial comments, however, were about the permit process. Mr. Schwab said he planned for a June store opening, but may have to extend that to July because he has yet to get a building permit from the City.
Mark Muenzer, Director of Community Development, told the Roundtable that there is “no hold up” on the permit. The store has a demolition permit now and is making progress. It is “common,” said Mr. Muenzer, for the issuing of a build out permit to take some time, especially in a large project such as this, because revisions to building plans often go through several revisions. The City needs to “make sure [the proposed plan] is compatible with the rest of the community” as far as building materials being used, landscaping, signage etc., so the process involves a lot of “back and forth.” Mr. Muenzer stressed that he has “asked [City] staff to make this a priority and they have,” adding that they are doing “everything we can” to get the permit issued in March.
The 70,000-square-foot grocery store will be “no comparison” to other grocery stores in the area, said Mr. Schwab. “We will have everything” including the “largest and freshest produce you’ve seen.” Co-owner Lou Tenuta described the many departments the store will contain. He spoke of a gelato bar, full bakery, salad and olive bar. Sushi will be prepared onsite daily. There will be a full meat and seafood department and bulk foods will be sold. There will be an “unbelievable” selection of foods from all over the world, he said.
Mr. Schwab, who purchased the entire Evanston Plaza, is addressing issues that have been of concern in the past. He and his team are working with the Evanston Police Department on the plans for the liquor department to reduce theft. Security cameras and lighting will be improved in the parking lot. Currently, there are no plans to include the police outpost that once resided in the Dominick’s store. He also spoke of “better signage and colors,” a change in landscaping and a new pylon sign to list all mall businesses.
When asked about new businesses locating in the mall, Mr. Schwab confirmed that there is indeed interest and said he is confident that “we’ll fill it.” He spoke of another mall he owned that underwent the same process and went from a 3% occupancy rate to 97% once Valli moved in. Mr. Schwab said Radio Shack was leaving because the company filed bankruptcy, but that the dry cleaners “would be replaced.” He was not able to make any specific announcements yet, however.
A job fair for Valli Produce will be held in April or May, specifics of which will be announced soon.
Residents at the meeting were given fliers from another Valli store as an example of what Evanston can expect. The prices look good, said one attendee. “This is just wonderful,” said another.


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D.C. utility company PHI looks to shift fleet to hybrids, biodiesel
PHI says it currently has about 80 trucks that run on alternative power, along with a few hybrids, so this changeover will affect a lot of vehicles. Thirty hybrids will be added this year and all of the trucks will soon start running on B20. As the rest of the vehicles in the fleet wear out, they will be replaced with vehicles that use less petroleum, like those mentioned above or ones that have E85-capable engines. PHEVs and other technologies will also be considered.
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models


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10,000 square-foot space offers retailer's latest products.
There's a new spot on Michigan Avenue to get lost in electronics heaven -- or to spend your lunch money.
AT&T unveils a new 10,000 square-foot flagship store on Sept. 1 in the old Ann Taylor space at 600 North Michigan Avenue.
Company officials say the store will offer the products and services you'll find at your typical AT&T retail store, but it'll also be a destination to get a glimpse of future technologies like connected cars that use wireless technology to aid driving.
Expect visual overload with 100 digital screens spread throughout the store.
The space will be divided into several unique areas, including:
The store will be open 10 a.m.-8 p.m. Monday thorugh Saturday and 11 a.m.-6 p.m. on Sundays.


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Salesforce (NYSE: CRM), the global leader in CRM, today announced a new study from IDC that finds Salesforce and its ecosystem of partners will create 9.3 million new jobs and $1.6 trillion in new business revenues worldwide by 2026. The study also finds that Salesforce is driving immense growth for its partner ecosystem, which will make $6.19 for every $1 Salesforce makes by 2026.
Building digital HQs helps solve for urgent transformation needs
IDC forecasts1 that cloud-related technologies will account for 27% of digital transformation IT spending this year, growing to 37% in 2026, as businesses focus on establishing digital HQs to deliver customer and employee success from anywhere. Remote work, contactless customer engagement, and sustainability efforts are becoming more prevalent than ever, and IDC expects this trend will only continue.
“IDC forecasts that cloud-related technologies will account for 27% of digital transformation IT spending this year, growing to 37% in 2026”
As more companies build out digital HQs to support an increasingly remote workforce, Salesforce technologies have helped its customers adjust to uncertainty – enabling remote work and remote contact with customers, and making it possible to develop new products in weeks, not months2 .
IDC also conducted a survey of 525 enterprises across eight countries on cloud deployment and the benefits and challenges of cloud computing. Of the 74% of survey respondents who say their organizations have a formal digital transformation strategy, 97% rate cloud computing as important to that strategy. The survey also found that Salesforce solutions have enabled:
- 47% of customer respondents to expand their workforce to more suburban and rural areas.
- 38% of customer respondents to expand their workforce to new populations (for example, stay-at-home parents and people with disabilities).
- 36% of customer respondents to support a more flexible work environment.
Salesforce technologies can also help companies plan for a more sustainable future. IDC forecasts that from 2021 to 2024, migration from on-premise software to the cloud could reduce as much as 1 billion metric tons of CO23. Salesforce itself has set a goal of pursuing 100% renewable energy for its global operations by 2022, and currently delivers a carbon-neutral cloud to all its customers. And, according to IDC’s customer survey, 39% of Salesforce customers surveyed look to Salesforce as a source of support in reaching their own sustainability objectives.
The Salesforce partner ecosystem drives worldwide acceleration of growth
IDC predicts that the use of Salesforce and its ecosystem’s cloud services will generate $308 billion in the customer base this year and more than double that in 2026, at $724 billion. Today, the ecosystem of Salesforce partners delivering cloud services to customers is five times as big as Salesforce itself, and will be more than six times as big in 2026. The study also found that 2026 ecosystem revenues are forecast to be 3.5 times those in 2020.
“The Salesforce partner ecosystem extends the power of Salesforce to companies of all sizes, across industries and helps make customer success possible,” said Tyler Prince, EVP, Alliances & Channels, Salesforce. “As Salesforce grows, so do our partners — and we are committed to providing our expanding partner ecosystem with the tools needed to succeed in the jobs of the future.”
Salesforce paves pathways to help unlock career opportunities in the Salesforce Economy
23% of new jobs created in the Salesforce customer base this year leverage significant digital skills — such as using automation tools, the Internet of Things ( IoT), and other complex applications. Trailhead, Salesforce’s free online learning platform, and its Trailblazer Community, which accelerates this learning through peer-to-peer knowledge sharing and support, empower anyone to learn digital skills for the growing Salesforce economy.
“For Salesforce, it’s not only about creating new technology and career opportunities; we have to pave pathways to these new jobs,”
Kris Lande, SVP Trailblazer Ecosystem, Salesforce
Salesforce is also helping companies navigate their digital transformations through these platforms; 84% of survey respondents at companies using Trailhead say it’s important to their organization’s deployment of cloud solutions, and 44% said it’s “critically” so.
“For Salesforce, it’s not only about creating new technology and career opportunities; we have to pave pathways to these new jobs,” said Kris Lande, SVP, Trailblazer Ecosystem, Salesforce. “We’ve made it our mission to empower people with the tools they need to build dynamic careers, companies, and communities with Salesforce, and thrive in a digital-first world.”


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A dump of 1.4 billion passwords – clear text passwords available in an aggregated, interactive database – was recently discovered online by 4iQ. While it might sound like more of the same, a couple factors make this news both particularly concerning and sadly predictable.
Details of the Data
Here are a few details about what 4iQ discovered:
- The 41GB dump was found on December 5, 2017 in an underground community forum.
- The data is from several incidents and sources, including dumps from Netflix, Last.FM, LinkedIn, MySpace, and popular games like Minecraft and Runescape.
- While some data was previously available online, 14% of exposed username/passwords pairs had not previously been decrypted by the community and are now available in clear text.
Particularly concerning is how easy this data is to use for any would-be hacker. 4iQ reports that the interactive database allows for fast (one-second response) searches and new breach imports. Given the fact that people reuse passwords, hackers can automate account hijacking or account takeover.
The increase in cybercrime-as-a-service – with kits and technical support available via online marketplaces – means that it doesn’t take a tech genius to do damage using hacked data.
This list of passwords is in one file, searchable, and unencrypted.
Passwords are Easy, Repetitive, and Reused
On the sadly predictable side, we’re making it pretty easy to guess our passwords. The prevalence of easy passwords indicates that, again, it wouldn’t take a tech genius to hack many online accounts.
The alphabetical list of passwords offers examples of trends in how people set passwords, reuse them, and create repetitive patterns over time.
The top five most-used passwords in the list were:
Many people reuse passwords, so many of the exposed credentials are likely to still be valid.
Password Smarts and Account Checks
The biggest takeaway from this incident is the need to be smarter about passwords. We’ve posted recently about the latest thinking regarding passwords, but here are some reminders about the basics:
- Create better passwords. 123456 is not an example of a smart password. Complex passwords are better, but they are hard to manage and remember. Consider using passphrases, or use a password manager.
- Don’t reuse passwords. This practice multiplies the number of accounts at risk. Treat every account as critical, and create a unique password for each account.
Finally, take a moment to determine if your online accounts have been compromised. Troy Hunt’s Have I Been Pwned website makes it quick and easy to do this check, and you can even set up notifications. Click below to learn more about Teramind.


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Advertisers who've come on board include names like Dream11, PhonePe, Swiggy, Hyundai, HMSI, Muthoot finance, UB group, Indigo paints, Kia motors, Adani Wilmar, Bisleri.
Putting an end to all uncertainty, the Board of Control for Cricket in India has announced that the Indian Premier League 2020 will start on September 19 and end with the final match on November 10. The matches will be played in the UAE and Jay Shah, the secretary of the board, has said, "The 53-day tournament will witness 10 afternoon matches starting at 15:30 IST, while the evening matches will start at 19:30 IST."
The television industry has had the worst possible beginning to this financial year. For most of the first quarter (April-June), the country was in a complete lockdown, resulting in advertisers pulling out from most of their marketing activities. Reports suggest broadcasters might end the July-September period with a 65 per cent degrowth compared to the same period last year. However, experts feel, ad spends will gain momentum on the back of the Indian Premier League.
The official broadcaster of the cricket tournament, Star Sports, is reportedly selling inventory at the rates finalised before the outbreak of coronavirus in the country. If sources are to be believed, the sportscaster has in fact hiked the rates by 20 per cent and is looking at a price of around 12.5 lakh for 10-second-slots.
A source close to the development says, "More than 30 advertisers have already signed up and 60 per cent of the inventory is already sold." Real-money fantasy game platform Dream11, and digital payments company PhonePe have associated as presenting sponsors of the broadcast. Swiggy, Hyundai, HMSI, Muthoot finance, UB group, Indigo paints, Kia Motors, Adani Wilmar and Bisleri are among the other brands that have confirmed their advertising deals during IPL matches on Star Sports.
"Star has seen a surge of interest from internet-enabled businesses like fantasy sports, edutech, online gaming, OTT players and social media players," says a source.
With the matches slated to be played during prime-time in India, and with most of the country staying indoors, the broadcaster feels it will break all viewership records of the past. Experts feel, the IPL in combination with the festive season can help FMCG and BFSI brands to engage with and influence consumers, whose buying behaviour patterns were severely disrupted due to the coronavirus-induced lockdowns.
While online gaming and edutech companies are among the new categories emerging as big spenders during the broadcast of cricket matches, brands headquartered in China are taking a back seat. While speaking at 'Television Week' (our ongoing webinar series around the television business), Shashi Sinha, CEO, IPG Mediabrands India, opined, "This China versus India tussle in the context of advertising on television is overrated." He was of the view that during the IPL many Chinese brands that continue to run operations in India will advertise.
Apart from the inventory during live broadcast, Star Sports has also increased the airtime of its wrap-around shows. The slots during the build-up to the matches are sold at a different price-point. A source close to the development said, "Apart from buying spots for their ads, many brands have purchased assets like aston bands and logo bugs." These assets, the source says, are witnessing a higher demand compared to previous years.
In 2017, Star India had placed a bid of Rs 16,347 crore to win the global media rights of IPL for five seasons between 2018 to 2022.
Along with the broadcast, the matches will be streamed live on Disney+ Hotstar. This year, the broadcasters will have feeds in English, Hindi, Tamil, Telugu, Bangla and Kannada.


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NEW YORK (MainStreet) -- Scratch a chief financial officer and you’ll find, under the surface, a bit of a social scientist, at least when it comes to consumer spending habits.
At least, this was the idea behind a CFO roundtable at the University of Virginia Darden School of Business on July 13.
The apparent lack of enthusiasm for spending among baby boomers, in particular, and the resulting inclination of CFOs to keep a tight rein on the corporate pursestrings -- holding back on hiring and investments until consumers start to open their wallets, were top of mind for corporate managers as they discussed the economy.
By any measure, the last four years have taken a major toll on the consumer economy.
"Because of the scare of our lives, the baby boom generation is effectively out of the market from a consumer standpoint,” said one CFO. “This is part of why social and mobile technology is so important, because it targets the younger generations who are backing the market spending."
Ironically, top executives say the financial health of their own companies has markedly improved since 2009, the first year the university hosted the CFO roundtable. Back then, the talk was about cost containment and reducing head count. Today, it’s about growing the businesses and fattening up the bottom line.
Figuring out what consumers want and need is a huge part of the latter strategy.
"Over the years, the CFOs have become more and more confident in the ability of their companies to show strong profits with their lean cost structures," noted professor Kenneth Eades, chairman of the school’s finance department and the moderator of the roundtable. “However, the CFOs continue to lament the decrease in consumer spending, and therefore hesitate to spend their own funds.”
That’s led to an interesting dichotomy. Companies are making money, but they still really don’t know what consumers are going to do.
"Cash flows have been strong, but basic consumer demand has failed to rebound as they originally had expected," Eades said.
Other roundtable participants agreed.
"I think, again, in the general economy, a lot of people are waiting to see a turn," added one CFO. "We're waiting to see consumer spending change, and then we'll start thinking about deploying our cash. Why think about deploying it now, when we're worried about the macro trends, especially if you're in that consumer space?"
CFOs also pointed fingers at policy makers in Washington, noting that confusion and uncertainty over government rules, regulations and policy are causing companies to step back from investments and from adding new personnel.
"It is difficult to make business decisions when the rules are changing and there is no clear sense of how to interpret the new rules, such as Dodd-Frank,” Eades added. “When the government has a bias toward either incremental decisions or inaction, it is difficult to foster a business environment with leaders who want to take risks and create jobs.”
“Sadly, the concern about government policy and ineffectiveness has been a consistent theme during the roundtable discussions,” he noted.
One area where CFOs do see growth is capital spending on acquisitions. Executives also say that it will take 33 months for the U.S. job market to return to pre-2007 levels. Of course, CFOs have said that before.
As one CFO put it, "I've actually been saying three years now for the last three years."
In fact, from the timeline for an improved jobs market to the impact of regulatory uncertainty and weak consumer spending, the view from the CFO office hasn't changed much since the last time the roundtable met -- and it's reasonable to assume it won’t change drastically the next time the group meets in September 2012, as the US continues to hem and haw its way through recovery.


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- JD.com shares are up after the Chinese e-commerce giant officially launched its JD CENTRAL platform in Thailand.
- The company partnered with Central Group, the biggest retail conglomerate in Thailand, to expand its footprint in Southeast Asia.
- JD.com shares were under pressure earlier this month after CEO Liu Qiangdong was detained on rape allegations in Minneapolis, Minnesota.
- Watch JD.com trade in real time here.
JD.com is up 2% Thursday after the company officially launched its e-commerce platform, JD CENTRAL, in Thailand.
JD.com, the largest retailer in China, announced the new online platform will officially debut on Friday, September 28. JD CENTRAL is an e-commerce joint venture between JD.com and Central Group, the biggest retail conglomerate in Thailand, that will help JD.com expand its footprint in the Southeast Asia.
"With the launch of JD CENTRAL, we are delighted to be taking another exciting step forward in JD's ongoing journey to serve customers throughout Southeast Asia," Vincent Yang, CEO of JD CENTRAL, said in the press release.
"Our partnership with Central Group - a one-of-a-kind union between China's biggest retailer and Thailand's strongest retail player - will provide Thai customers with a truly world-class e-commerce experience and guarantee 100% product authenticity. This move will transform the local market and unlock the boundless consumer potential of the nation's large population, with the ultimate goal of becoming the most trusted brand in Thailand.
JD.com shares were under pressure earlier this month — falling as much as 22% — after CEO Liu Qiangdong was arrested rape allegations in Minneapolis, where he was participating in a business administration PhD program at the University of Minnesota. He was released by local police, after 16 hours, without requiring bail, but remained under investigation. Liu has maintained his innocence.
JD.com is down 40% this year.
- Short seller Andrew Left is creating a cannabis fund. He explains why the market's not in a bubble, but does need to 'chill out'
- The boss of Santander's digital bank says it will be 'the same direction but faster' under new CEO Andrea Orcel
- SurveyMonkey popped up 50% in its IPO — now its CFO explains the path ahead as it works toward profitability and faster growth


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There’s nothing more amusing than going shopping and having a fling on all the latest designer labels. In fact, many women openly admits that they regularly spend extent of money on clothing and accessories.
You can grab attention with a chic look, a punk rock look! This year comes with some great vibes and details for more upcoming fashion.
Personally, I am amazed the way many ladies have transformed this trend in a modern way, Punk is officially back, but in a more mobster look and max avenging.
In recent years, the United States has experienced high ecommerce growth rates, one of the fastest and most promising growth areas for retailers looking to broadening their arms in the international markets.
Yet there are many more countries looking for evolvement of ecommerce and China is at number one position in online purchasing.
But deviation of ecommerce sales from the desktop to mobile devices has been under practice. So as consumers move away from desktop to mobile for access to the web, retailers need to persuade that their shopping experience is as good if not better than on desktop.
In respect of increasing sales, social media serves a vital purpose in online marketing by helping companies establish stronger web presence.
With social media involvement and online shopping on mobile becoming more familiar across generations. According to a new report, 67 percent of US women purchased clothing online from retailers in the past year.
- Is Your Business Ready For Mobile Commerce
- Why Your Ecommerce Store Needs a Mobile App
- Scale Of Impact – Mobile Commerce
- Elements of Mobile-friendly Ecommerce
- How To Define Content Strategy For Different Social Media Platforms
Furthermore, over a third of Millennial women (35 percent) say social media is one of the top influencers when making clothing purchases.
Check out the infographic below to learn more about upcoming fashion trends for women in US, and to understand more about the involvement of mobile devices:


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Xbox still harbours Japanese ambitions
Despite continuingly woeful sales of the Xbox and its games in Japan, Microsoft's hopes for success in this massive gaming market remain unabated, so explained Microsoft bigwig Peter Moore in a recent interview for the official Xbox Japanese website. Apparently, new long-term strategies are currently being devised for the territory, even as Xbox sales lag even further behind competitors Sony and Nintendo.
"I believe that the video game market in Japan last year was stagnant not only for us, but for Sony and Nintendo as well. We're looking into a long-term strategy towards Japan, so while our current situation may not be ideal, we're planning to change that. In six to nine months from now, we will be announcing specific strategies that we'll be focusing on to start off with. The video chat and the Xbox Live Arcade that we've announced during the [E3 expo] briefing are some of the examples of those strategies. We're looking towards a long-term strategy of 10 or so years, rather than being concerned about the short span, like this week or the week after," Moore reportedly commented (thanks GameSpot).
Moore also brushed aside talk of new third-party developers creating games for the Xbox in Japan, instead drawing attention to new in-house creations aimed at tempting players in the region: "We currently have a developer team in Japan named Microsoft Game Studio Japan, which has been releasing a number of great titles such as Magatama and Phantom Dust. There are a number of plans under way to continue doing so in the future."
More on Microsoft's valiant far-eastern efforts as we get it.
- Report finds that the 100 USD tier of Assassin's Creed: Unity's microtransactions is completely unnecessary
- Final Fantasy Type-0 HD gets a new trailer
- Bungie deconstructs their latest Destiny patch, hints at what is coming next
- DayZ creator Dean Hall could join UK studio Improbable
- Shadow Of Mordor arrives on last-gen consoles
- David Braben apologises for ditching Elite: Dangerous's offline mode, outlines refund criteria
- Microsoft celebrates the 1st birthday of the Xbox One with free access to Sunset Overdrive
- Hacker group leaks account details for thousands of PSN, Origin, Windows Live and 2K Game Studios accounts
- RedLynx promises online multiplayer is coming to Trials Fusion early next year


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Perth mum Renae Bunster’s S*** the Bed Hot Sauce a smash hit on Amazon
A PERTH mum is raking in hundreds of thousands of dollars from a hit product with a name that will keep it off many supermarket shelves.
A PERTH mum is raking in hundreds of thousands of dollars from a smash hit product that she says Coles and Woolies will never stock.
The reason? It’s called S*** the Bed. Former TV journalist Renae Bunster started making hot sauce for friends a few years ago, but it became a full-time job after a crowd-funding campaign to kickstart the business in 2015 raised $250,000 off a target of $65,000.
The 39-year-old said the success of the campaign was due to the colourful name of her flagship product, which “went viral” online. After securing a US Food and Drug Administration import approval last year, the company was able to send its first shipping container to the US.
“We’ve had massive demand from America,” she said. “It’s in the top products on Amazon, we’ve just exported 40,000 bottles. Every year our turnover has tripled. This year we’d love to get to $1 million but we’re definitely going to get to $700,000, now Amazon’s on board.”
Her company, Bunsters Hot Sauce, has three products of differing intensity, with S*** The Bed rated “12/10 Mega Heat”. “I’d been making regular hot sauce, and fans said to make one really hot,” she said.
“I thought, no one’s going to eat this, I’m going to give it the funniest name. A photo of it went viral back in 2014, we ran a crowd-funding campaign and raised $250,000 from the UK, America and Australia.”
She said most hot sauces were created by men and marketed towards men — with names like “Satan’s this” and “Death’s that” — and she wanted her sauce to be “funny, not scary or religious”.
Ms Bunster said it was also “massively popular” in Australia. “We’re going into IGAs and butchers. The reason they love it is because they know it will never end up heavily discounted on the shelves of Coles and Woolies, because they will never stock a product called S*** the Bed.”
The standard bottle retails for $18 and the black label is $30 a bottle. “It’s actually quite an expensive sauce,” she said. “We’ve built in really high margins so we can extensively advertise on Facebook. That’s our biggest overhead.
“It’s quite profitable for me, because we’re going after the luxury market. We are the Moet of hot sauces — we got the bottle made in the shape of a Dom Perignon champagne bottle. If I was competing with other people making the sauce for six bucks [we wouldn’t survive].”
Bunsters makes its sauce at a factory in Melbourne and now has a distribution centre in Los Angeles. Ms Bunster estimates she has sold around 50,000 bottles since launch.
“We make 18,000 bottles at a time and we cook several times a year,” she said. “We’ve sold 20,000 bottles since October. Now Amazon is ratcheting up, every day there’s more and more sales.”
And unlike the major retailers, Ms Bunster is optimistic about Amazon’s impending arrival in Australia. “It’s going to be a massive boost for small, boutique producers who only have access to local markets,” she said.


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Remember that horrible date who wouldn't stop checking his phone during dinner? Remember the not-so-nice word you called him afterward? Well, the New York Times is here to help. Your companion wasn't being rude, just fidgital.
1. Excessively checking one’s devices. “Victoria grew tired of watching her fidgital fiancé glance at his iPhone every five seconds.” See also: Supdate (food-related status); keybard (a skilled texter).
Lizzie Skurnick might have been joking when she coined the new word, but she's clearly on to something. A recent study by the University of Maryland's International Center for Media & the Public Agenda found that smartphone users exhibit actual withdrawal symptoms when forced to abstain from using their devices. The study also found that many subjects felt physical discomfort after not checking their phone for extended periods of time:
Although I started the day feeling good, I noticed my mood started to change around noon. I started to feel isolated and lonely. I received several phone calls that I could not answer. By 2:00 p.m. I began to feel the urgent need to check my email, and even thought of a million ideas of why I had to. I felt like a person on a deserted island ... I noticed physically, that I began to fidget, as if I was addicted to my iPod and other media devices, and maybe I am.
A 2012 survey by the Pew Research Center reveals that 46 percent of all American adults now own a smartphone -- up 25 percent from 2011. If you're one of them -- and want to seek help for your fidgitalism -- WebMD has a step-by-step guide to breaking the cycle of smartphone addiction.
And remember: It's one day at a time.


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1.TAKE ACTION: Let's Remove the Hidden GM Animal Feed From the Food Chain
2.Three Questions for the NFU on GM Animal Feed
3.UK to feed, fuel and heal the world
4.Rothamsted applies for autumn GM wheat trial
5.UK Farming Minister hits out at "international hypocrisy" on GM
6.Biotech bubble: "growing and developing the UK's bioscience base" - new building spree
NOTE: Item 1 provides a good way for people to push back against the nonsense to be found in items 3-6.
1.Let's Remove the Hidden GM Animal Feed From the Food Chain
*We don’t need GM feed, and we don’t want it, so help us tell supermarkets to get rid of it now!
While nearly 50 developed nations, including all European Union member states, Australia, Brazil, China, Japan, New Zealand, Russia, Saudi Arabia, and South Korea require labels for genetically modified foods, GM use is hidden in meat, eggs, and dairy. Industrial meat production is the last profitable outlet in the food chain for unwanted GM crops because the meat, milk, and eggs produced from the animals that eat GM crops do not carry GM labels.
So we've asked all major UK supermarkets which of the products they sell come from animals raised on non-GM feed. Most of them couldn’t, or wouldn’t, tell us. Check out the graphic to the right for their responses!
This campaign is focused on the UK because the evidence is so clear that UK shoppers don't want GM animal feed in the food chain. Despite this clear rejection, and bans on GM crops in both Scotland and Wales, the UK Government always votes in favour of GMOs at the EU level. Many UK supermarkets claim they can't provide the non-GM-fed meat, milk, and eggs because there isn't enough non-GM feed, but giant European food companies are doing it, and more progressive shops in the UK do, too.
The big UK supermarkets need to stop making excuses and start using their market power to provide what their customers want.
Please fill out the form , edit the letter as you wish and click "Send Message". Your message will be sent directly to UK supermarkets. [Send from this link]
2.UK Focus: Three Questions for the NFU on GM Animal Feed
Food & Water Europe, March 22 2013
Watching UK’s National Farmers Union (NFU) President Peter Kendall testify to the UK Parliamentary Committee on Environment, Food and Rural Affairs’ inquiry into horse meat contamination of the EU beef supply on March 5, I was struck again by the inconsistencies in the NFU approach when it comes to GM animal feed.
I have three questions for the NFU:
1) In his testimony, Mr. Kendall repeated the position that short supply chains are the answer to predictable control of our meat supply and regaining consumer confidence. How does this tally with the repeated insistence that UK livestock farmers need industrial GM feed from the Americas traded through complex international commodity markets?
Much is made about the allegedly dwindling availability of non-GM soy (known in the UK as soya), but the non-GM soya industry itself paints a rather different picture. On February 26, Augusto Freire, Managing Director of Cert-ID (a company certifying non-GM soya supplies), said, “20-25% of Brazilian soybean production is free from genetic modification for the 2012/13 crop. China’s and India’s soy production is 100% Non-GMO….Estimates for 2013 are strongly up compared to earlier years due to adoption of the CERT ID and ProTerra [non-GM certification] programs by new operators in Brazil, as well as increased demand in Europe.”
In the current climate, before supply and demand reduce the cost of non-GM feed, it may well be a bit more expensive per tonne, but according to our calculations if non-GM feed costs an extra £14/tonne (about $21.00), this works out to be a mere 3p/dozen eggs (about 5 cents). Mr. Kendall asks, “Are we going to produce chickens in this country that are non-GM, but buy them in from Asia because they are 20% cheaper and they are fed on GM [feed]?” Is he perhaps confusing feed costs with the poor animal husbandry that keeps meat from many non-European factory farms cheap?
We also need to be careful in working out how much animal feed is actually GM – any amount of GM feed comingled with an otherwise non-GM shipment means the entire quantity, and all subsequent feed bags, are labelled GM. This does not mean that feed is anything like 100% GM, and in fact the bulk of any animal feed is probably non-GM.
2) If, as Mr. Kendall says, UK farmers need “confidence” in the market to invest and improve UK beef production levels, why does this logic not apply to the farmers in Brazil already growing non-GM soya but unable to risk the costs of certification without confirmed advance orders from the EU to ensure they gets a return?
Augusto Freire notes, “An additional volume of Brazilian soy meal representing 1.5 million metric tonnes of soybeans could have been certified [as non-GM] if EU buyers had expressed their demand early in the year.” The non-GM soya is there, and more can be grown, we just need to say we want it. It’s not hard.
Consumer demand should boost confidence enough to take this step. A 2010 GfK/NOP poll showed fewer than 40% of supermarket shoppers were aware that imported GM animal feed fuels British factory farming, and 89% wanted these products to be clearly labelled. In January of this year the UK Food Standards Agency published research showing again that two-thirds of respondents want all use of GM feed to be labelled. Even among those undecided about GM food and crops respondents felt “some form of labelling should be in place to help them determine GM content and avoid choosing foods containing GM if they so wish”. Overall there is a clear indication this need to identify GM use applies to animal products in particular. People don’t want GM feed in the food chain, and they want clear labels to help them see where it is – or isn’t.
3) I completely agree that there is, as Mr. Kendall told the Committee, “too much focus on price” in the food industry. If this is the case, why are industrial crops feeding industrial megafarm production to produce cheap meat worthy of such vocal support?
True, there are vested interests on both sides of the discussion, and there are rumours that Indian soya is less desirable than Brazilian. Overall we’d be far better off moving away from the industrial meat model. Yet this does not explain why supermarkets can’t do their part in delivering what the market demands now by placing clear orders for non-GM soya (or non-GM fed products) to give Brazilian farmers the confidence they need to grow and certify non-GM crops. The NFU position invokes the market, but goes directly against the basics of supply and demand. The more non-GM feed is demanded, the more will be supplied, and the costs will come down—unless vested interests interfere with the market. Large supermarkets and dairies in other parts of Europe seem to be able to manage it, so it is very difficult to see why the UK is different.
Mr. Kendall told the NFU 2013 conference, “Today I want to talk about a pact with the great British consumer to get things changed…We now need supermarkets to stop scouring the world for the cheapest products they can find and start sourcing high quality, traceable, product from farmers here at home…That may mean more dedicated supply groups. It will certainly mean longer-term thinking and a shorter supply chain.” We agree, and we’re here to help.
Mr. Kendall, if you truly “Do not want food safety and standards to be politicised,” as you told the Committee, why do you say GM skepticism is “directly comparable to Nazi book-burning in the 1930’s”? Why do you not support your members in providing what the market clearly wants?
The situation with regard to GM animal feed looks increasingly like lucrative supply lines controlled by shippers and importers, not farmers, attempting to force an end to non-GM supplies on an unwilling market. The NFU position, which wedges farmers uncomfortably between their market and these vested interests, remains very difficult to understand. The sooner the NFU applies the logic it uses in the meat chain to the feed chain, the sooner consumers will begin to regain confidence in our food.
Mr. Kendall also told your 2013 conference consumers should demand answers from the people they buy from. We agree European consumers can and should get what they want.
This action is a good first step:
3.Appliance of UK science will aid agriculture and boost economy
Challenges faced by the global agriculture sector provides opportunities for the UK's knowledge economy says George Freeman MP [biotech industry linked Life Sciences advisor to UK Government]
UK to feed, fuel and heal the world etc.
Full article here:
See also item 6 below
4.Rothamsted applies for autumn GM wheat trial
Farmers Weekly, 25 March 2013
Britain's first open field trial of autumn-sown GM wheat could get under way later this year.
Rothamsted Research has submitted an application to DEFRA to plant autumn-sown wheat as part of its GM wheat trial.
Scientists believe the extension of the trial would allow them to study the effects of autumn aphid infestations on their experimental aphid-repelling wheat.
They say autumn-sown Cadenza wheat engineered to repel aphids - a major crop pest - would allow them to gain further data for the experiment.
Research leader John Pickett, head of chemical ecology at Rothamsted Research, said: "With the trial up and running, it seems sensible to make this small adjustment.
"Autumn infestations of aphids are a real problem too, especially with the varied weather we are having.
"This additional data will add a great deal of value to the overall investigation by testing our wheat plant under a more varied range of environmental conditions throughout the year and in accordance with the different times of the year farmers plant their wheat."
The request to DEFRA will be assessed by the independent Advisory Committee on Releases to the Environment (ACRE), and by members of the public during a 60-day consultation period.
The application asks for permission to conduct the winter sowing of Cadenza wheat, which involves exactly the same GM lines and experimental design as the current spring-sown experiment.
If DEFRA secretary Owen Paterson gives the trial the green light, it will be sown in mid-September and destroyed after 10-12 weeks in late November or late December, depending on the weather.
Rothamsted Research director Maurice Moloney said: "We worked hard last year to engage the public and listened to their views.
"The more data we can gather, the more evidence we will be able to obtain for government and society to make decisions on whether they wish to explore this next-generation GM technology further."
Rothamsted scientists conducted the first field trial last spring to investigate whether the GM plants work outside in the field, as well as in the laboratory. The trial was successfully harvested last autumn and is being repeated this year.
The controlled experiment being conducted by Rothamsted scientists at the headquarters in Harpenden, Hertfordshire, combines modern genetic engineering with natural plant defences to test whether aphid-repelling wheat works in the field.
For the trial, Cadenza wheat plants have been modified to produce an odour, or alarm pheromone, (E)-β-farnesene, which is also produced by some plants as a natural defence mechanism. It repels aphids, but also attracts their natural enemies, such as ladybirds.
The field trial is part of a five-year project funded by the Biotechnology and Biological Sciences Research Council (BBSRC).
BBSRC director of science Melanie Welham said: "We face the challenge of producing food in a sustainable way, while minimising effects on the environment.
This research is exploring one approach to solving this problem. It is important to carry out these investigations, as the data gathered will help to provide answers about the potential of this type of GM technology and what benefits it could offer.
"Importantly, the findings generated through this extension will add to the picture of how this technology compares to others and it is vital that future decisions are based on scientific evidence."
Wheat is the most important UK crop with an annual value of about GBP1.2bn.
5.Heath hits out at "international hypocrisy" on GM
Farmers Guardian, 21 March 2013 [edited for length]
FARMING Minister David Heath has hit out at the "international hypocrisy" he claims exists over the rules surrounding genetically modified (GM) crops.
Mr Heath said he had always been "extremely cautious" about GM technology because of the "need to be clear about the human health and environmental implications".
But, speaking at the International Food Exhibition, in London, this week he said the evidence was there that GM crops had been grown over a "very large part of the world for a very long time without those effects being manifest". Specific GM applications therefore ought to be considered on their own merit,” he said.
“There is a moral duty to look at every possibility to see if there are things we can do safely and better than we do now to meet the challenge of feeding a hugely increased population with sustainable techniques,” he said.
He contrasted the level of GM feed currently imported into the EU with the restrictive rules on growing GM crops in Europe.
“We have an international hypocrisy at the moment about the huge amount of GM soya which is grown and fed to animals around the world and imported into European countries. I just don’t believe it is sustainable just to close our eyes to that,” he said.
“We have a science and technology base in this country capable of doing something excellent in this area. If we can do so safely, we ought to be at the forefront of that technology, not stifled by rules which frankly may not make any logical sense.”
Mr Heath went on to accuse the national media of being "very poor at understanding science". This had resulted in the perpetuation "scare stories" depicting GM as a "disaster waiting to happen", based on the possibility of even the smallest risk of negative effects. He said the media and legislators both needed to improve their understanding of risk.
6.Turf cutting ceremony marks start of building of landmark Centrum at Norwich Research Park
Norwich Research Park, 22 March 2013 [edited]
A turf-cutting ceremony and the burial of a time capsule marked the beginning of construction of the new Centrum building at Norwich Research Park following a GBP26m investment from the Biotechnology and Biological Sciences Research Council (BBSRC).
The new GBP11.5 million building, due to open in Spring 2014, will form the hub of commercial research and development at the Norwich Research Park, Europe’s leading centre for research in food, health and the environment. The expanding campus could bring valuable jobs and major investment to the region.
The vision of the Norwich Research Park partners and stakeholders is to develop a thriving research and innovation campus over the next decade and beyond by supporting spin-out and start-up companies and through attracting inward investment from multinational corporate organisations involved in science and technology.
For those companies that take up the laboratory and office accommodation provided across the top two floors of the building, it will provide a unique opportunity to work alongside the best scientific and research minds.
The investment will help to create and support new companies and jobs based on world-leading bioscience. D
The Norwich Research Park North development area includes the John Innes Centre site (also encompassing research institutes The Sainsbury Laboratory and The Genome Analysis Centre), Institute of Food Research site and the University of East Anglia triangle site.
Steve Visscher, BBSRC Deputy Chief Executive, said: “BBSRC’s investment represents a commitment to growing and developing the UK’s bioscience base to help to create and support new companies and jobs based on world leading bioscience. The Centrum building will help ensure that Norwich Research Park has the infrastructure and capability to position itself as a world leader in agri-food, health and environmental sciences.”
Notes to Editors
Quote from George Freeman MP: “The Norwich Research Park applies world class expertise in agriculture, nutrition and plant science which if developed properly can define a major role for Britain helping to feed the rapidly emerging global markets of tomorrow.
“By working with our partners in Cambridge, our region can lead a revolution that will build a sustainable, export-led economic recovery and support the fastest growing markets in the developing world. This is a major opportunity we should seize without delay."
Let's remove the hidden GM animal feed


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