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NEW YORK — Many budding designers wonder if they have what it takes to make it in the fashion industry and now there is a city-funded crash course to put them to the test.
The New York City Economic Development Corporation and the Fashion Institute of Technology are launching Design Entrepreneurs NYC, a free, intensive, “mini-MBA” program to teach designers the necessary skills to run a fashion label. The initiative is one of six set forth by Mayor Michael Bloomberg’s Fashion NYC 2020 plan, which is designed to bolster the $55 billion fashion industry.
Up to 35 individuals will be accepted to the new program and each must have a New York City-based business that has been open for at least a year. Interested designers have until March 31 to submit applications. Once accepted, Design Entrepreneurs NYC participants will have free access to a number of FIT programs, including workshops, personal tours of The Museum at FIT, and lectures by iconic fashion figures.
Following the June 1 orientation, participants will attend classes for three consecutive weekends. From June through September, participants will fine-tune their business plans with input from instructors, before presenting their strategies to a panel of industry leaders. FIT was selected to manage and execute the program through an RFP last issued in May 2011. NYCEDC is investing $60,000 in the program. G-III Apparel Group’s president Jeanette Nostra will act as FIT’s industry liaison, and will serve as a mentor to the students, reviewing curriculum, bringing in guest speakers and hosting program events.
NYCEDC officials often note how New York City’s fashion industry employs 165,000 people, accounts for 5.5 percent of the city’s workforce and generates nearly $2 billion in tax revenue annually. In addition, more than 500,000 visitors come to the city each year to check out fashion-related trade shows, showrooms and stores. The Fashion NYC 2020 initiatives are meant to further the city’s position as a hub of innovation for emerging designers and retail, and to attract the next generation of design, management and merchant talent. The industry chairs for Fashion NYC 2020 are Richard Darling, chief executive officer of LF USA; Diane von Furstenberg; Terry Lundgren, chairman, president and ceo of Macy’s Inc.; Andrew Rosen, ceo of Theory, and Kevin Ryan, ceo of Gilt Groupe.
In other FIT-related news, the winner of the first Gilt.com/CFDA All-Star Scholarship is Kieran Dallison, a FIT senior. Both groups will help her develop a women’s collection that will be sold exclusively on Gilt.com in June.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)


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Your chance to link in with Richard Branson
IN AN Australian first, business people have the opportunity to secure a position on stage alongside Sir Richard Branson thanks to a program by the University of Queensland Business School, facilitated by LinkedIn.
As part of the UQ Business School event NEXT? The Future of Business Q&A on 9 May, business professionals, business owners and business students can nominate themselves or a LinkedIn connection to join the events' five-person panel, headlined by Branson, to discuss a series of interactive questions on the future of global business.
Nominees are required to submit a 25 word submission via the events' website nextquestion.com.au and by doing so will also go into the draw to win a two night stay at Sir Richard Branson's exclusive Noosa retreat, Makepeace Island.
One of the five LinkedIn members most recommended by their peers will be chosen as the 5th panellist for the event by the UQ Business School.
Sir Richard Branson is the most "followed" thought leader on LinkedIn's Influencer Program that was first launched in October 2013, with more than 1.5 million followers currently.
Joining Sir Richard Branson on the panel is the Dean of UQ Business School Professor Andrew Griffiths, acclaimed Futurist Tim Longhurst and Director of Rockcote and winner of the 2012 Australian Financial Review's Top 100 Women of Influence awards, Chris Cameron.
"UQ Business School is focused on the future of global business and we are thrilled not only to connect with Sir Richard Branson for the NEXT? The Future of Business Q&A but to either showcase an Australian business leader or uncover a new one as part of this innovative panel discussion," said UQ Business School director of marketing and external relations Samantha Kennerley.
"We are excited to be the facilitator of this innovative program. By leveraging the LinkedIn platform, the University of Queensland Business School is engaging with an audience of more than 3 million professionals and students in Australia, ultimately enabling the audience to interact with today's thought leaders, gain insights and become even more successful at what they do," said Matt Tindale, Director of Marketing Solutions at LinkedIn.
Questions to the panel will also be accepted from the business community via the nextquestion.com.au website.
The five most thought provoking questions will be posed to the panel on the day and the question nominators will win a VIP ticket to the event and meet Sir Richard Branson.
"The business insight generated by this five-strong expert panel will bring to light even more challenging issues that will then be the subject of research by UQ Business School," Ms Kennerley said.
More than 1500 business leaders will attend the NEXT? event, drawn from the public and private sector, Government representatives, students from Brisbane's key high schools and UQ Business School alumni.
To nominate a future business leader for the NEXT? The Future of Business Q&A panel, post a question for Sir Richard Branson or purchase tickets to the event visit www.nextquestion.com.au.

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“With less than three weeks until Election Day, we’re persevering with to achieve out to voters throughout the country wherever they’re,” stated Christian Tom, Biden’s director of digital partnerships. “Biden HQ will encourage gamers to explore all the methods they can make a plan to vote at IWillVote.com and assist elect Joe Biden and Kamala Harris.”
In October, Apple named the 53-year-outdated as senior vice president of retail and online shops, saying at the time that she would join the company in “the spring.” Apple CEO Tim Cook, while reporting the company’s fiscal second-quarter earnings on April 23, mentioned she would arrive at Apple this week.
Buyer evaluations have been great, and many visitors are impressed with the personal notes that Matt usually places into the orders he ships. It is evident that the creation of those T-shirts are a ministry that the proprietor cares about. Great issues are on the horizon for this little brand 카지노 사이트 that believes it could make a difference for Christ.
However, the company let go as many as fifty five engineers and different hardware and manufacturing specialists who oversaw the event of future wearable hardware — together with a slimmer FuelBand slated for the fall, an individual accustomed to the matter informed CNET. And with no concrete plans to maintain making these wearable gadgets, Nike is making a play to focus on software program with Nike+.


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Test and development systems are generally not highly utilized, he notes. IT provisions servers and storage for specific purposes, but then doesn't reclaim them when that purpose has been fulfilled, leading to a shortage of resources. Secondly, procuring servers and setting them up takes longer than users would like.
Therefore, a private cloud network that uses virtualization, service automation technologies and a self-service interface to provision new resources can dramatically improve efficiency, Kloeckner said in a recent interview.
"We've talked to virtually dozens of companies that have sizable test and development organizations, who say 'I realize I have resources that are underutilized, and that aren't managed properly. Can a private cloud help me improve utilization, improve my processes and drive down capital expense?'" Kloeckner says.
While many experts expect private clouds to be used more in production roles as enterprise grow comfortable with the technology, Kloeckner says test and development is a good starting point.
Kloeckner, officially the CTO for enterprise initiatives and vice president of cloud computing platforms at IBM, notes that Big Blue is trying to provide many of the provisioning and service automation features needed in private clouds through its Tivoli software group, as well as products like the recently announced WebSphere CloudBurst Appliance.
"We introduce virtualization, we introduce service automation, and we introduce self-service access to the resources," he says.
Instead of test and development teams submitting a request for new physical hardware, a private cloud strategy lets them call up a service portal, and find a catalog of preconfigured, virtualized test systems. Under the covers, the system automatically provisions the storage, operating system and middleware needed to make the test environment run.
When building private clouds, clients typically want to reuse existing hardware in a more efficient manner, rather than buy new systems, Kloeckner says. For x86 shops, the key virtualization technology must be acquired from VMware, Microsoft, Citrix or another vendor. But IBM does provide virtualization for mainframes and Unix servers.
While the phrase "private cloud" is new, the problems solved by the approach have been recognized for several years. But virtualization, service automation and self-service technologies are only now becoming sophisticated enough to adopt the approach en masse, according to Kloeckner. Moreover, financial pressures are greater today, forcing IT shops to reevaluate inefficient processes.
"I believe the economic pressure for standardization of service delivery wasn't as strong [three years ago] as it is today," he says. "We continued for a few years with sealing wax and baling wire, delivering needless customization. There's a crisis of complexity that impacts cost, quality and speed of service delivery. Cloud combines many important technology innovations that came up over the past 10 years, but combines them in a novel way."
Going forward, Kloeckner sees the industry moving to a mixture of private clouds, public clouds such as Amazon Web Services, and shared private clouds. The latter category is like the Amazon model, but involves a small number of customers who share the same infrastructure but have separate networks using VPNs.
One challenge is ensuring interoperability among different clouds, allowing workloads to move from one cloud to another. This will require the establishment of open standards. Although vendors are working together to develop these standards, customers have limited flexibility in today's market.
"The movement of services and applications, and combination of applications only works if all the providers adhere to a common set of standards and interfaces," Kloeckner says. "We aren't starting from zero. We've gained a lot of experience in the industry from working with competitors in the context of Web services standards and service oriented architectures. I believe we can build on that."
But, "in general we are not quite there yet," Kloeckner adds. Public cloud providers base their services on various virtual machine models, but these VM images aren't totally compatible.
Data exchange, security and how to manage services across different cloud platforms are also important questions, he notes. Authenticating and identifying users in a federated environment will be difficult.
In the meantime, Kloeckner says cloud opportunities for customers are real, but it's still early. Whether looking at private or public clouds, clients are typically starting out with non-differentiating applications that could be operated more efficiently, he says.
While declining to specifically discuss future IBM technology, Kloeckner indicated that many new cloud products and services are on the way. He predicted that cloud-based analytics products and developer services will be important.
"We certainly will continue to support our clients to build private clouds, so you will see us showcase more supporting infrastructure," Kloeckner says. "You will see us focusing on the interconnection between private and public clouds, and you will see us release more purpose-built infrastructure in support of clouds. We feel the economics of private clouds are compelling in the enterprise, and the combination of private and public clouds looks very attractive."


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Normally, what happens in Vegas stays on the strip. But this isn’t one of those times; we’re eager to share details from our recent trip to Atmosphere 2015, a weeklong conference put on by Aruba Networks that talked about the future of the enterprise office.
What does the future of the enterprise office look like?
Historically, Aruba’s focus has been wireless networking. But we’re big fans of how they’re starting to use BLE beacons with their indoor wayfinding platform Meridian (Aruba acquired Meridian in 2013).
They use "indoor GPS" to provide people with real-time information about the locations they’re in. One application is the Levi's Stadium in Santa Clara, where beacons power turn-by-turn navigation and deliver contextually relevant information to people's mobile phones.
Instead of missing the action during a 49ers game to stand in line for concessions, the app shows directions to the beer stand with the shortest line or lets fans order snacks right to their seats.During his product keynote, CTO Keerti Melkote demonstrated benefits of adding beacons in retail, hospitality, and enterprise spaces, especially as customers move towards mobile-first connectivity.
Showcasing the future of work
We were particularly excited to collaborate with Aruba and Meridian for their “future of the workplace” demo, which showcased a custom wayfinding integration with Robin's mobile app. For the demo, we added Meridian's SDK into our Android app, allowing people to pull up a map to the nearest available conference room from the list:
Booking a meeting room through this version of Robin included the option to navigate there.
Beacons for all industries
Aruba’s vision of the future is not far off. In a hospital, a patient’s chart will automatically open when her doctor approaches. In a classroom, a teacher can take attendance from his mobile phone and see when and where truant students were last seen.
In offices, meeting rooms book themselves when someone walks into them, and people can easily find and book meeting rooms from their mobile phones.Sound familiar? We think so too. The team had a great time showcasing future office tech, and we owe the awesome teams at Aruba (Meridian) a big thanks for asking us to share Robin with their customers.
Robin makes workplace coordination and room booking easy. Sign up for a free office upgrade today.


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Moto G5S and Moto G5S Plus smartphones have been launched in India at Rs 13,999 and Rs 15,999 respectively. The device are Amazon exclusive. Moto G5S and Moto G5S Plus will go on sale starting tonight at 11.59 pm.
Motorola’s G5S series sport an all-metal unibody design and the smartphones run Android 7.1.1 Nougat out-of-box. Following the dual camera trend, Moto’s G5S Plus gets two 13MP sensors at the back, where one is a monochrome lens and the other is RGB sensor.
Moto G5S Plus features 5.5-inch full HD resolution display. The smartphone is powered by the Qualcomm Snapdragon 625 processor, and comes in 4GB RAM + 64GB storage option. The storage is expandable upto 128GB via a microSD card slot.
Moto G5S Plus is backed by a 3000 mAh battery and the device supports TurboPower feature. The company claims that TurboPower can give six hours of battery life in just 15 minutes of charging. The fingerprint scanner in the G5S Plus can be used to make payments as well.
Moto G5S features a smaller 5.2-inch full HD display. The processor is an octa-core 1.4GHz Qualcomm Snapdragon 430 one coupled with 3GB RAM and 32GB of storage. The storage is expandable up to 128GB via a microSD slot.
Moto G5S has a 16MP rear camera on-board with PDAF. There’s a 5MP front camera with LED flash. The battery is the same as the G5S Plus, which is a 3,000mAh one with TurboCharge feature. Both the smartphones come with water-repellent nano coating, though the devices are not water-resistant.
Moto G5S Plus price in India, availability, launch offers
The Moto G5S Plus price in India is Rs. 15,999. It will be available in Lunar Gray and Blush Gold colour variants exclusively via Amazon India at 11:59pm IST on Tuesday itself; it will also be sold via Moto Hub offline stores in Delhi-NCR and Mumbai. Launch offers include extra Rs. 1,000 off on exchanging your old Moto smartphone, No Cost EMIs on all credit cards, a discounted Rs. 499 price for the Moto Sports headphones, up to 80 percent off (up to Rs. 300) on the Amazon Kindle app, and up to 50GB additional 4G data. Alongside, the company announced the Moto G5 Plus price in India has been dropped to Rs. 14,999, down from Rs. 15,999.


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Sony boss says cannot guarantee security after hack
Wednesday 18 May 2011
Sony chief Howard Stringer has warned he can no longer guarantee the security of the electronics giant's gaming network in the "bad new world" of cybercrime after one of the biggest Internet data breaches.
The Japanese multinational has begun restoring its hacked PlayStation Network and Sony Online Entertainment services after the theft of personal data from more than 100 million accounts in a cyber attack estimated to have cost the firm $1 billion.
The company has bolstered security but Stringer, speaking for the first time on the crisis Tuesday, said protecting private information was a "never-ending process" and he did not know if anyone could be "100 percent secure".
Sony shut down the PlayStation Network and Qriocity music streaming service on April 20 after its data centre in San Diego was hacked - but it did not reveal the breach until April 26.
The company has said it cannot rule out that millions of credit card numbers may have been compromised.
Stringer, 69, warned hackers may one day target the global financial system, the power grid or air-traffic control systems.
"It's the beginning, unfortunately, or the shape of things to come," he told Dow Jones Newswires. "It's not a brave new world - it's a bad new world."
The breach is a huge blow for Sony as it focuses on pushing content such as games and music through hardware platforms including game consoles, smartphones and tablet computers amid competition from Apple's iTunes and App Store.
Sony was lashed by bitter criticism over the crisis which overshadowed the earnings bounce-back made by the firm after two years of losses.
Stringer hit back at politicians and Internet privacy advocates who said Sony should have alerted subscribers to the threat of a possible data theft sooner.
He said Sony did not know conclusively until April 25 that personal information had been accessed and added that said talking publicly about the company's suspicions before gathering evidence would have been "irresponsible".
"We were trying to find out in a very volatile situation what had happened and when we did we relayed it," said Stringer. "If your house has been burglarised, you find out if you've lost something before you call the police," he said.
Stringer said the Federal Bureau of Investigation probe into the matter was still ongoing but declined to provide an update on the findings.
The CEO said it was too early to assess the financial impact of the outage, with the company reporting its full-year results on May 26, but analysts estimate the breach will cost the company as much as $1 billion.
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Malaysian converter receives lower LLDPE offer from local producer
The converter said, “Our supplier offered LLDPE film this week at MYR5590/ton ($1249/ton) FD Malaysia, cash; MYR160/ton ($26/ton) lower from last week. We are not going to build more inventories after Chinese New Year since February will be a slower month for us in terms of demand. However, we think that demand will improve in March and April.”
“Our supplier told us that the next announcement will come with increases given the depreciated currency and they informed us that their LLDPE shipment will be slow,” he added.
The converter also mentioned currency rate issues in the local market and pointed to it as the main concern of Malaysian market players. “Depreciation of the local currency is an advantage for exporters while it is bad news for local producers as it causes higher raw material costs,” he commented.
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- Stats: China’s July PE imports increase after 3 months of declines


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It can be really hard to calculate the true cost of a breach. You can add up the numbers on things like total work hours spent responding or total new buys of hardware or software, but how can you calculate lost business or brand damage? Or loss in stock value? This gets hard. But it is important to try.
Read why Jason Hart says it is important to know the true cost of a data breach on Tech Radar :
While almost every other company has been a victim of a data breach, the cost of a data breach often differs from company to company. After the implementation of the General Data Protection Regulation (GDPR) back in May, data breach notification laws have undergone a humongous change. One of the biggest changes centered around transparency, specifically businesses being forced to reveal within 72 hours if they have suffered a breach. While the US has had this type of policy for a while, businesses in the EU were not required to publicly state when a breach occurred, leaving them free to keep significant news like this from their customers. But now that things have changed, and it’s starting to heat up in the EU.
Read his full article here.


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Patriot One Technologies (PAT.V) significantly increased market awareness as well as set up future revenue potential when the company announced yesterday that it had signed an evaluation and purchase agreement with well-known Las Vegas casino destination resort, Westgate Las Vegas Resort and Casino.
Westgate, long a fixture in the new Vegas has nearly 3,000 rooms, including 305 suites located on 64 acres with a 74,000 square-foot casino and 200,000 square-foot convention centre.
The facility is owned by Florida-based Westgate Resorts, the largest privately-held company in Central Florida.
Westgate has 28 resorts with more than 13,500 villas in the U.S.
Patriot One is going to install its system and demonstrate its capabilities under real-world conditions at this year’s ISC WEST convention. This is an important marketing win for the company as the event is the largest security industry trade show in the United States.
Over 1,000 exhibitors and brands will be showcasing their security solutions to a worldwide audience of security professionals during the convention which runs from April 4-7, 2017 at the Sands Expo Centre.
There were record crowds last year at the event with almost 30,000 industry professionals coming through the doors to view cutting-edge products and technologies from over 1,000 exhibiting companies and brands.
Westgate is a respected player and ISC WEST is about as high profile as it gets when it comes to North American security industry conventions.
This deal exposes Patriot One and its leading-edge non-invasive weapons detection system to a bevy of potentially lucrative clients who are highly motivated to ensure the safety of their customers with the least amount of interference.
Patriot One CEO, Martin Cronin, affirmed, “We believe our innovative concealed weapons detection software solution and related hardware offers a very significant step forward in security technology. Naturally, Las Vegas offers us a chance to really put our solution to the test in a premier global destination. As a first class showcase for our company, we thank the Westgate team for their vision and leadership in providing us the opportunity to deploy the installation in front of a key audience. During the upcoming ISC West Conference in April, we plan to demonstrate the system under real operating conditions to the visiting security community from across the nation. This is a wonderful opportunity for us and we look forward to a mutually beneficial relationship with Westgate Resorts.”
Westgate’s Chief Operating Officer Mark Waltrip summed up, “With this partnership, we are pleased to be moving ahead and look forward to deploying the product on-site and to integrating it with our existing security infrastructure. Hopefully this is the first of many deployments across our locations around the United States.”
This could be a major win for Patriot One, can’t wait until April.
FULL DISCLOSURE: Patriot One Technologies is NOT an EQUITY.GURU client.


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Germany got the biggest chunk, €40 billion, coming mainly from the Volkswagen Group, and Tesla which announced a plant in Berlin. The Czech Republic received €6.6 billion, also thanks to VW, which plans to produce 75 all-electric models worldwide by 2029. Italy secured €1.75 billion in EV investments last year from Fiat, while France, Sweden and the UK each got around €1 billion from car manufacturers. Spain received close to €300 million from Opel, and Croatia got €80 million from Hyundai and Kia.
Saul Lopez, e-mobility manager at T&E, said: “A few years ago Europe was nowhere in the race for EV supremacy. But EU CO2 targets concentrated carmakers and governments’ minds to invest €60 billion in electric cars and batteries and finally close the gap with China. Success in this market is now Europe’s industrial policy, and lawmakers should double-down with stimulus measures that will also drive a green recovery.”
The surge in EV investment resulted in a booming electric car market: EVs accounted for 7% of sales in the first quarter of 2020. As dealerships re-open, lawmakers should aim to regain that momentum with recovery measures such as loan guarantees and liquidity support for manufacturers prioritising EVs. If scrappage schemes and purchase incentives are introduced, these should be used to drive EV sales especially in urban, public and private fleets, which accounted for 57% of all cars sold last year. Public money should also help individuals and companies to install charging infrastructure.
For Europe to lead on e-mobility, EU lawmakers should also accelerate the transition to zero emission cars by reviewing upwards the bloc’s 2030 car CO2 targets next year. T&E said the EU should ensure only zero-emission models are allowed to be sold across Europe from 2035 at the latest.
Saul Lopez concluded: “Covid has wrought human tragedy and economic turmoil. But the EU and governments can use the recovery to emerge with a healthier, greener economy that reinforces its EV industrial strategy and creates thousands of jobs.”
T&E’s report – Can electric cars beat the COVID crunch?


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The 2024 World Economic Forum has kicked off in Davos, the popular ski resort in the Swiss Alps, attracting public and private sector leaders from across the globe.
This year, the week-long annual summit is focusing on geopolitics, the future of AI, and climate change. Its motto is 'rebuilding trust,' as Mirek Dušek, Managing Director of the World Economic Forum, explains:
"Some would link the erosion of trust to the deep transformations that we are seeing all around us, be they technological, political, societal or those related to climate and nature. Some would also say that all these transformations taken together have ushered in, if not a completely new era, at least a stark new reality."
In Davos, the main shopping street has been transformed into an open-air trade fair. The majority of attendees here do not even have access to the main congress where global leaders take centre stage.
"We are looking for allies who want to join us in the protection of one of the most biodiverse regions in the world," explains Teku, from the Amazon Sacred Headquarters Alliance.
Over 60 heads of state and government will be taking centre stage this week in Davos, including US Secretary of State, Antony Blinken, the Secretary General of NATO, Jens Stoltenberg, the EU Commission President, Ursula von der Leyen and Ukraine's President Zelenskyy. They'll hold both public appearances and closed-door talks. They'll be among more than 2800 attendees, including academics, artists and international organization leaders.
The World Economic Forum is taking place in Davos from 15 January until 19 January 2024.


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Last week, news leaked that Apple is working on AirPod upgrades to release this year, including better Siri voice activation. This gets Apple one step closer to an area of XR that we believe is opportune but under-rated: AR audio.
Instead of (or along with) graphics, audio could be a valuable AR modality. Delivered through an ambient whisper that’s a sort of informational “overlay,” its benefits include style and discreetness. It’s also aligned with advancements in voice processing and digital assistants (Siri, Alexa, et al.).
The next step for these digital assistants could be an ambient audio channel that stays with you all day. Google, Amazon, and Apple certainly have a vested interest in forming that persistent consumer touch point, but the first step is hardware that people will actually wear all day.
That gets back to AirPods. They’re just sleek and popular enough to engender that all-day use case. Google’s Pixel Buds could do the same, but they’ll have to streamline a bit. Though not as sleek, they’re a vessel for a much better voice/AI engine than Siri: Google Assistant.
For example, using Google Assistant, Pixel Buds can perform real-time language translation. Think of it like the in-ear translation system used by UN delegates, but for the rest of us. In fact, live audible language translation is a good example of the directions “AR audio” could go.
We often joke that the original form of AR was radio. It “augments” your perception of the world while jogging, driving or other times you tune in. And like graphical AR’s evolution towards “true AR” (i.e. SLAM), AR audio will involve textured and intelligent sound overlays.
Besides language translation, what will that look like? AR audio could deliver details about an upcoming business meeting, or someone you’re shaking hands with at a conference. LinkedIn could develop an app that delivers these audible stats subtly and on the fly.
The way it could play out: Sleekness and portability will condition people to leave them in their ears all day. That engenders a new channel for ambient audio. From there it’s up to app developers – as with ARCore – to develop content and use cases like the LinkedIn example.
AR Audio also brings to mind Google’s smartphone-era construct of “micro moments.” These are the content snacking moments in the grocery line or subway — pulling out your phone for a quick fix of email, Facebook or Snapchat. It created lots of opportunity for media delivery.
But audio’s advantage is discreetness. It’s less cumbersome than pulling out your phone. And because AR glasses are held back by cultural and stylistic factors, the subtlety of ambient audio could fill an important gap. All-day use also creates a massive opening for content.
Of course, visual media won’t go away and is more conducive to several content formats. But audio could take over a certain share of micro-moments like getting informed about people or surroundings. We’re talking local discovery, shopping and proximity-based social media.
Breaking the Sound Barrier
As for who’s better positioned, AirPods have greater near-term reach than Pixel Buds. The former operate with about 600 million iPhones, while the latter work only with Google Pixel and Pixel 2. They can connect with other phones (even iPhones) but just as standard headphones.
But Pixel Buds have a longer-run advantage when they — and Google Assistant — are phased in to the larger Android Universe. Moreover, Google Assistant (the brain behind Pixel Buds) blows Siri (the brain behind Airpods) out of the water in terms of digital-assistant chops.
Apple’s Achilles heel for AR audio is in fact Siri. Google Assistant will win the voice search and “general knowledge” AI game, based on the extensiveness of Google’s knowledge graph. It will also outperform Amazon Alexa, because it’s a better AI engine with more data.
Pixel Buds add another weapon to Google’s AR arsenal. Alongside ARCore, AR audio could be carried forward through Google and developer-created apps. Meanwhile, if live translation of foreign language dialogue isn’t “augmented reality,” I don’t know what is.
Disclosure: ARtillry has no financial stake in the companies mentioned in this post, nor received payment for its production. Disclosure and ethics policy can be seen here.
Header Image Credit: Apple


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The Canadian Securities Trade (CSE) introduced immediately its plan to introduce a blockchain-based clearing and settlement platform for safety trades. The platform will permit corporations to situation conventional fairness or debt devices utilizing a digital token, referred to as tokenized safety, which can symbolize the corporate’s share.
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In response to the CSE, blockchain expertise will permit the platform to substantiate the commerce orders in real-time slightly than two enterprise days taken within the typical system.
Within the official assertion, Richard Carleton, CEO of the CSE, stated: “This can be a landmark announcement for the Canadian capital markets. The Canadian Securities Trade expects to be the primary acknowledged alternate in Canada to introduce a totally developed blockchain platform for buying and selling, clearing and settling tokenized securities.”
“Our platform represents an intersection between blockchain and the capital markets that delivers on blockchain’s promise to disrupt typical transaction and record-keeping mechanisms, thereby offering tangible advantages for market stakeholders. By harnessing this expertise, the potential exists to increase company finance past the bounds of conventional fairness and debt choices,” he added.
The CSE has already acquired the licence for the expertise from New York-based Elementary Interactions, however has is but to file an utility with the Canadian market regulators.
In the meantime, the alternate operators have already signed a memorandum of understanding with Vancouver-based Kabuni Applied sciences to situation tokens on the brand new platform by way of Safety Token Choices. With this decentralized initiative, the CSE will look to problem the long-held monopoly of TMX Group in securities settlement.
TMX Group owns the Canadian Depository for Securities Ltd., a agency which serves because the international locations major hub for securities and stuck earnings clearing and settlement.
“We sit up for working with regulators and with companies in search of to lift capital by means of STOs to completely understand the advantages of the brand new platform. We consider it represents an incredible alternative for stakeholders within the Canadian market,” Carleton concluded.


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Posted on: 05/07/13
The Financial Times responded to the demands of tablet customers last month, rolling out a redesigned Web app that allows readers to choose between a static edition with a fixed article set or a dynamic edition with a continuously updated content stream. The app enables readers to swipe left to...
Posted on: 04/25/13
On the heels of reporting first-quarter results, the New York Times Co. announced a series of strategic initiatives to spur revenue growth that will begin to be rolled out in the fourth quarter. Several new products are under development at price points lower than all-digital-access and print...
Posted on: 03/13/13
New York—The New York Times announced plans to introduce a prototype version of NYTimes.com in advance of major site changes to be implemented later this year.
Posted on: 12/10/12
New York—The New York Times has introduced Compendium, a Pinterest-like tool for newspaper content.
Posted on: 11/20/12
McLean, Va.—USA Today has relaunched its iPad app, featuring a new design and several new capabilities. The app, available from the iTunes app store, provides larger images and live video coverage. It also carries breaking news, interactive weather mapping and commentary.The app is also...
Posted on: 10/17/12
New York—Technology publisher UBM has introduced UBM Future Cities, a website aimed at industry executives and decision-makers involved with urbanization.
Posted on: 10/05/12
We have all noticed the proliferation of content being disseminated by others in our niches. What is eye-opening is the rate at which content marketing is growing.Last month, BtoB released its first-ever research report on the topic— “Content Marketing: Ready for Prime...
Posted on: 10/03/12
New York—The New York Times has introduced an HTML5 Web app for the iPad. The app is available exclusively to digital subscribers to NYTimes.com with tablet access and to home delivery subscribers who link their account for digital access.
Posted on: 09/14/12
Media companies have significant opportunities to help marketers generate leads through the marketing services they offer, according to a new study by Media Business. “Leveraging the Power of Marketing Services” found that 62% of marketers consider lead generation to be their most...
Posted on: 09/12/12
Philadelphia—Medical and scientific publisher Elsevier has acquired ExitCare, a provider of patient education and discharge instruction to clinicians for delivery to patients. Financial terms of the deal were not disclosed. ExitCare will bring to the company print, electronic and video patient-...
Posted on: 08/27/12
New York—The Wall Street Journal has introduced WSJ WorldStream, a news platform for short-form videos shot with smartphones by journalists from the Journal and Dow Jones & Co.
Posted on: 06/27/12
New York—Hearst Digital Media, the online publishing division of Hearst Magazines, has introduced an ad exchange to enable targeted marketing campaigns across the company's more than 25 digital brands. The new Audience Exchange service will make available to demand-side platforms or advertiser...


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In its latest move to become a full-fledged media platform, Snapchat is eyeing celebrities.
The app already has mainstream stars including Justin Bieber and Kylie Jenner among its users. One industry executive was told by Snapchat that it’s putting a big focus on making celebrities more active. Another observer, Rob Gregory, chief revenue officer at WhoSay, a social platform for stars, said Snapchat is “aggressively courting celebrities with a big C and small C. Everybody knows that’s where the millennials are and the celebrity audience is. The Snapchat audience is so enthusiastic and engaged with that content, this is a natural move for them.”
A Snapchat spokesperson declined to comment, but observers said they wouldn’t be surprised to see the app introduce features that make it easier to discover celebrities there.
It’s understandable that Snapchat would look for new ways to keep users on the app, and celebrities are a natural place to go. The disappearing-message app popular with teens is already highlighting articles and videos from publishers including CNN and the Daily Mail, through its Discover feature. It has sought to bring live sports to the platform. It has also enlisted YouTube and Vine stars to create a series for the app.
Platforms have long relied on celebrity users to draw in users. Facebook introduced its Mentions app, which stars could use to interact with fans. Both it and Twitter have “verified” accounts to validate famous people. Reddit has cultivated them through its Ask Me Anything Q&As, and its recent user revolt was precipitated, in part, by moves the platform is making to make celebrities regular users of reddit.
Celebrities come with built-in fan bases, which in turn have ready-made appeal with advertisers wanting to benefit from their popularity to reach potential customers. For established stars, the personal, unvarnished feel of Snapchat is a way to compete with the rise of social media personalities, said Eric Dahan, CEO of Instabrand, which connects brands and influencers. “It gives them a backstory they can’t share with other mediums. If you think about Instagram, it’s usually images, and they tend to be more manicured. Snapchat really allows celebrities to give a backstory. It makes celebrities more attainable.”
Snapchat has some characteristics that could limit its appeal, though. It doesn’t provide links out, which can make it hard for users to quantify its impact. As with any channel, the question is how much to invest, especially when the content disappears.
Snapchat is courting brand advertisers with 10-second interstitial ads designed to run between articles and videos in its Discover feature (although their interruptive nature has gotten mixed reviews from agencies.) But celebrity content lends itself more to sponsored posts or product placement. Snapchat seems to be heading in that direction. It has created its own form of native advertising — letting advertisers create their own geofilters, “stickers” that users can create and lay over their Snapchat photo to identify their location. And it teamed up with Daily Mail and WPP to create a new agency, Truffle Pig, to chase the dollars flowing to branded content-style ads.
Still, the app’s ephemeral nature also is a potential hindrance to brands working with personalities there.
“It’s very, very manual and very high touch,” said Ted Murphy, CEO of Izea, a startup that connects influencers with brands. I think one of the biggest challenges is having the content disappear. Even with a Vine video, there’s something to send the client at the end of a campaign. With Snapchat it’s, ‘Trust us, it appeared, and it was great.’”
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As news publishers craft their TikTok strategies, Digiday spoke with the BBC, Vice, The Washington Post and LADbible to see who’s really behind the posts.
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Digiday's survey found that publishers are not feeling great about advertising revenue as 2023 kicks off, with attitudes toward subscriptions and e-commerce shifting as well.


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Hiring somebody holding a dancing sign on the corner can attract customers.
But even better is hosting a radio show about fitness and wellness so thousands of interested area residents can hear your store’s name.
That’s exactly what Champion Fitness started doing a year ago on the Salt Lake City sports radio station 1280, known as “The Zone,” with its show “The Fitness Zone.”
“It’s helped us distinguish ourselves from our competitors,” said store manager and show host, Dallas Griffiths. “It gets the name out there.”
The hour-long show is on Saturday mornings on the sports-talk radio station and talks to local wellness, fitness and nutrition guests about their training and programs, takes questions from listeners, and also manages to talk about the store and its equipment brands.
“It’s a soft sell,” Griffiths said. “We don’t want to shove it at them, but rather just put it in their heads.”
Managers at the stores — now three in the Salt Lake area — know it helps. When they ask customers where they heard about them, Griffiths said, the sales staff often hears, “On the radio.”
They tag themselves as “the exercise equipment specialists” to an audience that is a target one for a store like Champion Fitness.
Griffiths said he plans and hosts the entire thing and it keeps him very busy, but enjoys the residual effect.
“We’ve had a lot of sales from it,” he said. “We’ve had a lot of recognition from it.”
To read more about the show or to hear episodes, click here.
SNEWS® View: This is certainly one way to get a store’s name out there in a vehicle other than advertising. It helps establish the name and the personnel as experts rather than just a place to buy. And what consumer wouldn’t rather buy from an expert?


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E3 2014 is almost here and a big part of the excitement is hearing about the new games we have to look forward to, as well as new hardware and new accessories.
Ubisoft fans will be happy to hear that the company has recently confirmed that they will be announcing five games at the conference. Sorry Nintendo fans, none of them will be for Nintendo’s platforms.
The company announced their support for the Wii U platform in 2013, but it might be that struggling sales of the console are to blame for their lack of Wii U titles. In fact, we are fairly certain of it. However, a Wii U port of Watch Dogs is still coming our way. That’s good news. However, if you are rocking a PS4 or Xbox One, we have some news. Ubisoft will be sharing additional details about Assassin’s Creed Unity, which will be headed onto the PC, PlayStation 4, and the Xbox One. They will also be announcing The Crew, Far Cry 4, Tom Clancy’s The Division, and Valiant Hearts: The Great War.
We can’t wait to get more info at E3. There may even be some other surprises that we haven’t heard about.


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According to kansascity.com, “The locally owned All Star Pizza & Pub opened at 3 p.m. Wednesday in Tuileries Plaza.”
“Chef Michael Peterson had previously created menus for area upscale restaurants like Trezo Mare. Now he’s brought that touch to a sports theme operation with a menu focusing on made-from-scratch, brick-fired pizza – including Thai and Florentine – along with sandwiches, salads, calzones and appetizers. The dining room is packed with video monitors that continuously scroll through photos of Northland youth athletes. Customers can submit photos. The operation, at 6100 N.W. 63rd Terrace,( just west of Interstate 29 on 64th Street) will be open from 11 a.m. to 11 p.m. Monday through Thursday; 11 a.m. to 1 a.m. Friday and Saturday; and 11 a.m. to 10 p.m. Sunday,” the story said.


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VCN – This is one of the suggestions of Director of HCM City Customs Department Dinh Ngoc Thang at the conference summarizing the work in 2021 and deploying missions in 2022 for the General Department of Vietnam Customs.
|Inspection of importing goods at Cat Lai port. Photo: T.H|
Adapting safely and flexibly
According to Director Dinh Ngoc Thang, the customs authority is an economic frontline unit, ensuring the maintenance of supply chains and the security and safety of cross-border trade. It is forecast that in 2022, the Covid-19 pandemic would continue to develop, especially the Omicron variant, it could result in high international logistics charges, and the phenomenon of storing goods at the port that is overdue, causing difficulties for import-export enterprises.
Faced with the above situation, in order to adapt safely, flexibly, and effectively control Covid-19, Ho Chi Minh City Customs Department continued to request the People's Committee of Ho Chi Minh City to provide support for anti-pandemic equipment and booster shots for officers; propose the General Department of Vietnam Customs to have a flexible and key control mechanism, facilitate businesses to comply and strictly control subjects with high risks.
Ho Chi Minh City Customs Department proposed the Ministry of Transport to establish the Southern Center for Safety Inspection and Emissions Test, in order to shorten the time to register new vehicles and help businesses to clear goods quickly.
It is necessary to speed up the implementation of the Scheme on reforming the model of quality inspection and food safety inspection for imported goods, creating momentum and shortening the time for export and import activities.
Regarding planning and institution building, according to Ho Chi Minh City Customs Department, import-export turnover in 2021 grew strongly despite the pandemic. In the 2021-2030 period, Vietnam joined and implemented new generation FTAs (EVFTA, RCEP), joined many value chains, took charge of many new global supply chains, hence import-export turnover is forecast to grow strongly.
Therefore, the work of building institutions is synchronized with the smart customs system, in line with international commitments, and facilitating trade.
The Ho Chi Minh City Customs Department also proposed the General Department of Vietnam Customs to suggest the Ministry of Finance to request ministries and sectors to immediately abolish and adjust regulations that are not suitable with reality, have unclear contents, and cause confusion in implementation.
Speeding up the process of Smart Customs project
Ho Chi Minh City Customs Department proposed the institutional building in the period of 2022 - 2025 and the following periods must be foreseen, fully prepared for the exception of regulations of emergency situations, ensure that processes, procedures and documents are clearly defined, and the responsibilities of relevant agencies are clearly defined.
Regarding the reform and modernization of the Customs sector, the Ho Chi Minh City Customs Department said that in the era of the fourth industrial revolution, the renovation of modern state administrative management, digital transformation, application of science technology was an inevitable trend, so speeding up the Smart Customs project was an urgent task.
In particular, the development of a smart customs system with digital platform solutions, people at the center, the subject must meet the capacity for use and requirements associated with transformation, application of science, new working methods suitable to the technical platform of the intelligent customs system.
From the above request, Ho Chi Minh City Customs Department proposed that the General Department of Vietnam Customs, along with the transformation to a smart customs model, need to organize a change in management methods, methods and working styles.
At the same time, developing and promulgating a set of rules, standards, and a cultural value system for modern customs officers and employees, including prescribed management methods, working methods, and personal responsibility, as well as the outputs of each task.
Deploying training programs, training on new management and working methods based on the technical platform of the smart customs system.
In particular, the HCM City Customs Administration System (HCAS) developed by Ho Chi Minh City Customs Department in the past two years has maintained management and administration activities 24/7 during the peak time of the Covid-19 pandemic. The system has evolved and achieved high completion. The Ho Chi Minh City Customs Department proposed the General Department of Vietnam Customs to supplement the system development estimate and allow the database to be connected to the smart customs system.
The Ho Chi Minh City Customs Department also recommended a comprehensive approach to fiscal policy planning based on data analysis on logistics capacity, competitiveness, GRDP growth, disease risk and local economic resilience; the organization of the state administrative apparatus should apply a specific mechanism on the number of deputy heads at customs units that have large workloads, to ensure convenient and effective operation and management, and ensure security and safety of cross-border trade.
By Lê Thu/Thanh Thuy


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This afternoon, the WSJ is reporting that Apple's iPhone 5 will indeed support LTE. There's additional good news for frequent travelers: it will support more LTE bands for global coverage throughout the United States, Europe, and Asian markets. Currently, Apple offers two flavors of LTE for the third generation iPad, which also runs on both Verizon and AT&T networks.
Read More | WSJ
After iMore broke the news that sources indicated that Apple would announce the next iPhone on September 12 with the launch of the device happening nine days later on the 21st, more outlets have independently confirmed the scoop. Publications that have chimed in include The New York Times, The Wall Street Journal, All Things D, and even Jim Dalrymple at The Loop (he's likely the most trustworthy of the bunch.) This means that interested iPhone buyers have just six weeks to wait until Apple announces its next flagship product, and one more week on top of that to get their hands on it.
Gallery: iPhone 5 3D renders
The design of the next iPhone has likely leaked multiple times, and is expected to feature a taller 4-inch display, two-toned rear casing, built-in NFC, and other improvements, including a new, smaller dock connector.
A few days ago, The Wall Street Journal reported that the next iPhone will have at least a 4-inch display, and the next day Reuters independently reported the same. Yesterday, Bloomberg jumped in with the same report, so it looks like it's a lock. In addition, Bloomberg is also reporting that Steve Jobs "worked closely on the redesigned phone before his death in October."
Interestingly enough, it was Steve Jobs himself who said that no one wants to buy a big phone. Of course, as we've seen with plenty of 4G LTE Android devices, larger smartphones are everywhere. Of course, Apple has some room on the current iPhone form factor to enlarge the display without changing the size of the phone itself too much. Maybe Steve was right--rather than making a big phone, Apple can just make a big display while keeping the device itself relatively the same size.
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Customer deliveries of the Lucid Air electric sedan are scheduled to start in the second half of this year, and it looks like the company is making progress toward that goal.
Lucid on Thursday tweeted a video of CEO Peter Rawlinson test driving a "release candidate" Air on roads near the automaker's Bay Area headquarters. This is the final pre-production version before Lucid switches to building customer cars, according to the video.
With the Air so close to production, Rawlinson was primarily concerned with details on what was his first drive of this nearly-finalized model. The only potential change he mentioned was a software tweak to remove a "judder" from the hill-hold feature.
Rawlinson seemed thoroughly pleased with the car's handling, though. He said a development goal was a "vault-like" feel of solidity, and based on his positive comments about the body rigidity and suspension tuning, the Air seems to be meeting his expectations.
Perfecting the product. CEO Peter Rawlinson takes an Arizona-built #LucidAir release candidate vehicle for a test drive through California’s Bay Area – the perfect proving ground for experiencing vehicle dynamics. Hear his candid reactions. pic.twitter.com/NYy91TRo9g— Lucid Motors (@LucidMotors) March 11, 2021
Customers will have to wait a little bit longer to get behind the wheel, however. Lucid recently confirmed that deliveries will be delayed from spring to the second quarter of this year.
That's nothing compared to the Air's long gestation period, though. It was unveiled in 2016, when it was already under development, but funding issues meant development virtually halted for years. Once new funding was obtained from Saudi Arabia's sovereign wealth fund, Lucid also took the opportunity to redesign much of the car, Rawlinson has said.
Lucid Motors AMP-1 factory, Casa Grande, Arizona
Lucid has built a brand new factory from the ground up in Casa Grande, Arizona, with a modular layout allowing for expansion in the coming years. The factory is currently set up to build 30,000 Air sedans a year, and will expand in phase to produce up to 400,000 cars annually by the middle of the decade, according to Lucid. That expansion will be funded in part by a special-purpose acquisition corporation (SPAC) "reverse merger," which will allow it to go public more quickly than a traditional initial public offering (IPO).
Rawlinson is the former engineering director overseeing the development of the original Tesla Model S, and there are definitely some indications Elon Musk takes this challenge a little more seriously. Just after the Air was unveiled, he announced a price cut for the Model S, undercutting the Air's base price.


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While North Korea has long deferred to market-set prices for goods and services based on organic supply and demand, some areas of the country have recently seen the reintroduction of state-set prices. Observers in Ryanggang Province have put forward several interpretations as to why this pricing system has reappeared.
A Ryanggang Province-based source reported on January 3 that from the end of last year, rice, corn and other products at a rice mill in Hyesan, Ryanggang Province were given state-set prices announced in the July 1 2002 Measures.
The price of rice at the rice mill is now officially 44 KPW, while corn goes for 24 KPW. Markets, however, sell rice for 5,200 KPW while corn sells for 2,100 KPW, meaning that the market-set prices are some 100 times greater than state-set prices.
“Rice mills in Hyesan began putting state-set price tags on their products from late last year, but there’s no reason for it because no one buys pays attention to them,” added a separate source in Ryanggang Province.
Rice prices skyrocketed in the mid-1990s when supplies dwindled. The North Korean authorities increased the state-set price of rice from 7 jeon to 44 KPW when the July 1 Economic Management Improvement Measure was announced in 2002. These prices, however, were largely ignored in the markets. The state then tried to force vendors to sell rice at state-set prices after the 2009 currency reform, but these efforts also failed due to astronomical inflation levels.
Some residents say that purchasing goods at state-set prices was a positive development, but the sources suggested that these are just memories of when the public distribution system was still operating 30 years ago. State-set prices were in use until the early 1990s.
The Central Price Adjustment Committee under the Cabinet’s National Planning Commission set all prices for products and services in North Korea until the 1990s. State-set prices only have meaning when the planning department and commercial department of the People’s Committee calculates production rates and expenditures.
During his New Year’s Address this year, Kim Jong Un emphasized that the Cabinet and national economic leadership organizations must improve their planning, pricing, financial administration and financial management in line with socialist economic principles.
Following Kim Jong Un’s rise to power, North Korea has actively supported the market system without exerting control over it or adopting price control measures. There is little chance that the regime can successfully reintroduce the state-set price system, however, which would go against the regime’s policy trends and bring about a litany of market-related problems.
The state-set prices in the rice mill include 1 kg flour (26 KPW), soybeans (44 KPW), mixed grain powder (70 KPW), bread crumbs (95 KPW), barley (33 KPW), starch (109 KPW), and potatoes (9 KPW). The market prices for these products are: flour (2,000 KPW), soybeans (4,000 KPW), nutritional flour (5,400 KPW), breadcrumbs (3,500 KPW), barley (3,800 KPW), starch (5,200 KPW), and potatoes (900 KPW).
“It’s ridiculous that state-set prices are being put out by the central government given that people rely on market prices. There are also prices for goods coming in from China, so who would sell products at state-set prices and lose money?” an additional source in Ryanggang Province noted.
“People rely on the markets to purchase goods. If prices go up, senior merchants don’t sell anything, so they’ll naturally decrease. The market, however, wouldn’t begin selling things at the cheap state-set prices.”


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What could be the first hard cider pub in Dane County is being eyed for Madison's Southwest Side and would enhance the redevelopment of a former Brennan's Market building.
In September, Brennan's closed all five of its locations and its packaging facility in New Glarus but a former manager opened in December Brennan's Cellars, a smaller but similar store in the former Brennan's Market on Watts Road.
That has left the owner of the 24,000-square-foot building, Fred Rouse, looking for a complimentary business to fill the unused part of the facility. But he appears to have found a formidable tenant that has been gradually growing its product line made from specialty apples grown over the last 12 years on a former dairy farm in rural Iowa County.
Owners of The Cider Farm, located in the town of Moscow near Hollandale, have announced that it is teaming with a winemaker to create a 3,200-square-foot production facility and tasting room in part of the former Brennan's, located at 8210 Watts Road near Aldi and Menards. The business would make, on-site, hard apple cider and wine and include a tasting room that serves up small plates of food. The lineup would also include its own line of apple brandy but brandy production would remain at Yahara Bay Distillery in Fitchburg.
"It’s a pretty farm but its kind of out of the way and it's not an obvious destination," said John Biondi, The Cider Farm's co-founder. "We certainly have known over the last couple years that having a retail presence was going to be very important to us over time. It was just a matter finding a site that makes sense."
The proposal, which includes a bottling operation and using part of the three-season greenhouse area for seating, was submitted to the city late last month and is scheduled to be introduced to the Plan Commission on July 30. Rouse, who purchased the building after Brennan's Market closed, wants to complete the project by November, according to an application to the city.
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Wisconsin is flush with brewpubs, has a growing assortment of distilleries and even a few meadaries. Madison is home to Restoration Cider Co. and McFarland the Cider House of Wisconsin but neither have their own tasting room. Other hard cider producers around the state have tasting rooms but Biondi believes his will be the first in Wisconsin to mimic a brewpub where production is done on-site and is accompanied by food.
"Architecturally, the space works and from a partnership standpoint what Brennan's does in selling wine and cheese and gourmet foods fits in with what we’re trying to do there," Biondi said. "I think they see this as being an extension of their brand."
Biondi is a business executive and former chairman of what is now the Madison Region Economic Partnership. His wife, Deirdre Birmingham, has a lengthy resume in agronomy and in 2003 the couple began transforming the 166-acres of land they purchased in 2002 into a specialty organic apple orchard. They planted their first tree in 2006 and today have about 15,000 trees with plans for up to 20,000 trees in the next few years.
Most of the varieties are from Europe and are not normally used for eating and cooking but for pressing and are harvested at peak ripeness. In 2017, their orchard produced 10,000 gallons of juice. The company now has seven specialty ciders served in bottles and from kegs and sold in much of Wisconsin and in the Chicago area. The company also has two-year-old bottled brandy but will release a five year-old brandy this October.
Biondi and Birmingham are partnering with Paul Blommel, a winemaker and owner of Indigenous Wine & Ciders in Stoughton. Blommel, who currently produces out of industrial space, would use the new production facility adjacent to Brennan's Cellars to make his own line of specialty wines plus make cider for The Cider Farm, something that is currently done on contract at a winery in Oswego, Illinois.
"Being able to sell directly just phenomenally improves your margins. Instead of selling it through distribution and wholesale we’ll have this retail arm," Biondi said. "We're very excited about this."
Send retail-related tips and story ideas to firstname.lastname@example.org or call Barry Adams at 608-252-6148.


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Mumbai: Indian consumers will soon have a taste of the new customer centric protection envisaged in the launch of the ‘Trusted’ mark by the Indian Retail Forum (IRF) which is the first of its kind customer- centric certification mark in retail trade.
Explaining how it works IRF convenor, R.S. Roy said first there will be a ‘mystery audit’ where a network of customers will test retail outlets ranging from stores, jewelers, pharmacies, retailers to salons, spas, cineplexes and restaurants on parametres ranging from environment to observance of regulations etc.
This will be followed by a regular audit and then a third-party audit. The first of its kind in the world, the IRF certification scheme, aims to bring over 1,00,000 retail stores across the country in to the fold of modern retail following IRF standards in next five years’ time said Mr Roy.
Consumers would know what to expect from their purchase/service from the point of browsing and buying to after-sales. Anurag Mathur, retail & consumer goods practice leader, PwC India delivering the keynote address at the India Retail Forum 2016 said over 92 per cent of the apps tested in the Indian retail sector test are vulnerable with 2,30,000 new malware samples generated per day, with an estimated cost $100 billion.
The Indian retail sector is the second most threatened segment by cyber-attacks after financial services as data privacy protection is becoming a significant challenged, he said.
Highlighting the unpredictable growth of the retail sector he said in 2011 online retail was predicted to reach $1.5 billion but by 2015 the gross market value of the top e-tailer was over $1.5 billion.
In 2011, Flipkart’s GMV was $10 million but in 2015-16 it crossed $4 billion. On the other hand, in 2014 Jabong was valued at over $500mn but in 2016 it was acquired for $70mn....


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Lauren Bush rockin’ her FEED bag, cop it on Amazon.com
Everyone is talking about being eco-friendly these days…which is a good thing. Lauren Bush, the honorary spokesperson for the UN World Food Programme (WFP) has teamed up with Amazon.com as the exclusive retailer for her FEED bag. The FEED bag is a sturdy, reversible bag made out of natural burlap and cotton. The design of the bag was inspired by the big bags of food that was being distributed to schools around the world. The FEED bag retails for $59.95 and each bag sold brings in $34 to WFP — enough money to provide one hungry child lunch every school day for an entire year (hence the “1” on the reversible side). The FEED bag is pretty cute, I’m going to cop one to carry my lunch to work everyday!
Cop your FEED bag at Amazon.com!
Read the full story after the jump…
Lauren Bush is on a mission.
The model and honorary spokeswoman for the United Nations’ World Food Program has teamed up with Amazon.com as the exclusive retailer for her Feed bag. The bag, which Bush designed, retails for $59.95 and proceeds go directly to the WFP’s school feeding program. Each bag sold brings in $34 to WFP — enough money to provide one hungry child lunch every school day for an entire year.
As a volunteer with the WFP for the past three years, Bush traveled to seven countries, including Guatemala, Cambodia, Chad and Honduras, and helped with food aid.
“I was traveling, taking pictures and doing what I could to help,” Bush said. “But it just didn’t seem like enough. I wanted to do more.”
So Bush designed the Feed bag, a sturdy reversible tote bag made of natural burlap and cotton muslin. The design was inspired by the giant bags of food that she saw being distributed to schools around the world. Bush said she carries the bag everywhere — to the beach, the gym, even to the grocery store.
“It’s meant to be a multipurpose bag that looks really good and is eco-friendly,” she said.
The bag just went up for sale on Amazon.com on April 2, and already, Bush said, the orders are rolling in.
Last year, the WFP provided meals for 16 million children at schools around the world. But there’s more work to be done, as 300 million children around the world are chronically hungry, according to WFP. School meals act as a magnet, Bush said, dramatically increasing enrollment, sometimes by as much as 300 percent. Research done by the WFP also has proven that children perform better at school on full stomachs, and that girls who attend school not only marry later, but have half as many children as uneducated women. — Julee Greenberg, WWD


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In a recently announced all-stock transaction, Uber has recently acquired Postmates for approximately 2.65 billion USD.
It’s a smart move by Uber considering their core business of shuffling around drunk riders has been severely impacted by COVID-19and UberEats has been their saving grace for the last couple of months.
Short term – Nothing really changes. Uber will keep the consumer-facing Postmates app because there are some really anti-uber Postmates customers, although, we will likely see a Postmates option on our app as they combine the merchant and delivery network to make it “more efficient.”
Long Term – This is somewhat of a bad thing. In their Press Release, Uber stated that “delivery people will enjoy more opportunities to earn income, with increased batching of orders.” – If you have ever done delivery, you will know batching of orders is only worthwhile when customers tip which you know you can’t rely on.


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An experienced writer with practical experience in the fintech industry. When not writing, he spends his time reading, researching or teaching.
The crypto debit card introduced by Bitso will have worldwide utility.
Top Latin American crypto exchange, Bitso, in partnership with Mastercard, has announced the launch of its crypto debit card for Mexican customers.
The duo first announced their partnership to launch a debit card in August 2022. Bitso’s CEO Daniel Vogel cited user demand as the reason for initiating the development of the card. Data from a recent Mastercard’s New Payment Index study also revealed that 71% of Latin Americans plan to use lesser cash when making purchases.
By November, the exchange rolled out cards in a beta testing phase that allowed customers to test the card and give feedback on them.
Commenting on the launch, the General Director of Bitso México, Bárbara Briseño said:
“We share the enthusiasm with our entire community in Mexico to see this long-awaited product become a reality.” Briseño also stated the belief that the card will become the access point to the digital economy for many people in the future.”
Perks of the Crypto Debit Card
Despite launching in Mexico, the crypto debit card will have worldwide utility. Holders of the card will be able to use it in over 90 million Mastercard-affiliated stores globally. With the card, users can make regular everyday payments from their cryptocurrency wallets. These payments cover both physical and online purchases globally.
Bitso offers users a cashback for every purchase made to encourage more usage. Also, users will enjoy special benefits and rewards when they use the cards with businesses like Uber, Mercado Libre, and Cinépolis
While the card does not allow monthly payments, it does have an unlimited monthly spending limit. The exchange will also not charge any annual fee for the use of the card.
A Future Looking Partnership?
What’s interesting in the partnership is that Mastercard previously reported it was reducing its foray into the cryptocurrency market. However, in light of more recent developments, Mastercard has stated that it will, “work with partners to bring relevant payments solutions and programs to market.”
In launching the card, Bitso joined Taurus which also launched a debit card for its Mexican customers in partnership with VISA. Argentine exchange, Belo, has also rolled out its debit card and is looking to gain entrance into Mexico.


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Tribal villagers trek 5km for ration in Tamil Nadu, seek PDS shop
The lack of bus services to the village compounds the problems of the people as they have to walk or use two-wheelers to reach the PDS shop in Anchetti every month.
KRISHNAGIRI: Around 170 families in Kadakanatham, a hilly village in Anchetti, are forced to trek for five km to purchase rations as the area does not have a designated/part-time PDS shop. The lack of bus services to the village compounds the problems of the people as they have to walk or use two-wheelers to reach the PDS shop in Anchetti every month and return with about 30 kg of commodities.
V Salammal (28), a resident of Kadakanatham, said, “ We gave a petition to revenue department officials at the recent grama sabha meeting seeking a part-time PDS shop. I came to this village seven years ago when I got married. Ever since it has been very difficult for me to go to the ration shop in Anchetti. Only a few people own two-wheelers and mostly women go to the PDS shop as men go away for work. We carry about 30 kg of commodities, including rice, on our heads. If we have luck, someone passing through our village will take us in their vehicle or we have to walk up the hill for six kilometres.”
Another villager K Madhesh (52) said they could arrange a building to open a part-time ration shop in the village, but officials were not ready to fulfil their long pending demand. After being contacted, Anchetti taluk supply officer R Balakrishnan visited the village along with TNIE on Tuesday evening and held inquiries with the people. He added that within a month a proposal will be sent to the district supply officer to open a part-time ration shop.
Staff in Manjukondapalli and Urigam panchayat office said two proposals were sent to the district administration seeking permission to open part-time ration shop in the area. According to sources, a proposal for a new part-time ration shop at Gesthur in Manjukondapalli panchayat was sent two months ago after people complained that they had traveled more than three kilometres to the PDS shop in Manjukondapalli.
Also, another proposal for a part-time ration shop at Kovalli village bifurcating from the Urigam full-time ration shop was demanded by villagers for many years. Both proposals are allegedly pending at the Co-operative society. A panchayat-level staff said a new part-time ration shop for Kovalli is not possible, because two shops are functioning in the panchayat.
When contacted Joint Registrar of Co-operative, M Ekambaram, said, “A ration shop at Anchetti is under the control of Tamil Nadu Civil Supplies Corporation, so Anchetti Taluk Supply Officer should send a report to District Supply Officer for the need of part-time ration shop at Kadakanatham village, and i will check other two proposals. About 75 part-time ration shops have been opened in Krishnagiri in the past two years.”


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Shanghai Fengxian People’s Court, a district court in China, issued a ruling invalidating a car sales contract that the buyer had paid for with digital currency. The decision was also upheld by Shanghai Intermediate Court No. 1, where the plaintiff appealed.
According to case details shared by the Fengxian Court on its WeChat page, the case was first filed by the plaintiff – the buyer of the car – in 2019. The man, identified only as M Huang, accused the undisclosed car sales. breach of contract company.
The plaintiff claims to have signed a contract with the car dealership to purchase a 2019 Audi A6 worth approximately 409,800 yuan (currently around $58,400) for 1,281 UniHash (UNIH, also called Yurimi in China) tokens.
While the agreed payment was made immediately, the dealer did not deliver the car within the three months stipulated by the terms of the contract, so the buyer took legal action.
The court ruling cited a regulation passed in 2017 which stated that digital currencies “cannot and should not be used as circulation currency in the markets.” The court ruled that the use of the digital token instead of fiat currency rendered the sales contract null and void.
“Exchanging and selling virtual currency, providing counterparty services for virtual currency, issuing tokens, and trading virtual currency derivatives are all illegal financial activities,” the court said.
According to the decision, the plaintiff should not receive any damages, delivery of the car or reimbursement of tokens. Reports also indicate that the UNIH token had a controversial status and suspicious origins. As of now, the token project has failed to deliver on any of the promises made in its whitepaper.
China’s digital currency regulations still unclear
Although the ruling took three years to materialize, the law it is based on is what evolved into China’s 2021 blanket ban on digital assets.
The decision also shows the lack of clarity on the legal status of digital assets in China. In another high-profile decision, a court declared digital assets like Bitcoin to be property protected by Chinese property law.
The case involved a loan agreement signed by two parties in which the borrower failed to repay a bitcoin loan. In the case, the court said that Bitcoin “has a certain economic value and conforms to the attributes of ownership, the legal rules of property rights are applied for protection.”
Watch: CoinGeek New York Presentation, BSV Blockchain in China
New to Bitcoin? Discover CoinGeek bitcoin for beginners section, the ultimate resource guide to learn more about Bitcoin – as originally envisioned by Satoshi Nakamoto – and blockchain.


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Virgin Mobile Motorola Triumph Release Date to be July 19
Motorola Triumph for Virgin finally confirmed to be released on July 19, the Smartphone recently unveiled is an asset for the pre-paid carrier since it has high-end specs and good features to boast when it comes to compare on other Smartphone available on the carrier.
The device with a 4.1-inch touchscreen boast a 1GHz processor and features 5-megapixel camera, VGA front-facing camera, and runs a stock Android 2.2 Froyo experience. With all the features and goodies under the hood the Smartphone is surely an addition to the carrier and should be a good choice for consumers to select on the network.
Unfortunately the pricing is still unknown but for sure the Smartphone is coming with absolutely no contractual obligations.


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48 Food & Ag Industry Members Urge Congress to Pass the UNITED Act as New Report Shows U.S. Trade Stalling
June 7, 2023 WASHINGTON, D.C. – Today, 48 food and agriculture industry members wrote Congress in support… Read More...
As a leading trading nation and the world’s largest economy, the U.S. has consistently pursued opportunities to expand trade since the mid-20th century. This is done to contribute to national economic prosperity and promote economic development and peace abroad. With over 95% of consumers residing outside of the U.S., trade liberalization and access to foreign markets through the pursuit of trade agreements remains vital to the economic fortunes of U.S. workers, consumers, and industries. In an increasingly interconnected global economy where other major trading nations are liberalizing trade to promote economic prosperity and competitiveness, the U.S. must have trade policies that further reduce global trade barriers.
Unfortunately, the U.S. has fallen into an observer role when it comes to trade agreements allowing our trade rivals to define the path of global trade rules, standards, and practices.
Since 2010, several leading trading nations have surpassed the U.S. in setting the terms of global trade by activating new free trade agreements.
In comparison, the U.S., #3 in international trade, has had just four new trade agreements enter into force. The most significant is USMCA, a “modernization” of its 25-year-old predecessor, the North American Free Trade Agreement (NAFTA). The other U.S. trade agreements are with Colombia, Panama, and South Korea.
Beyond the sheer number of new trade agreements, several key U.S. trade partners are outpacing the U.S. in their level of trade covered by a trade agreement. These countries are benefiting from lower tariffs and reductions in non-tariff barriers contained in their formal trade agreements.
In the vast majority of trade agreements, existing tariffs for 98-99% of goods traded between the partners are eliminated immediately or within ten years.
Read CRA’s full analysis of the trade landscape in the report “Trade Agreements and U.S. Competitiveness – 2023 Update.”


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The slew of new initiatives in India also include a tie up with state run BSNL for expanding Wi-Fi hotspots in villages in Gujarat, Bihar and Maharashtra. This comes after the company launched a project to connect 500 railway stations in the country and has since claimed to have connected close to 5000 venues across four continents. Google also announced a phone line in partnership Vodafone Idea to get their queries answered with even a 2G phone in English and Hindi. The firm has also added an array of local Indian languages across its products such as Search, Bolo, Discover and Google Assistant among others.
“We want to adapt our products for Indians instead of asking Indians to adapt to Google Technology,” said Caesar Sengupta, Vice President, Next Billion Users and Payments, Google adding that when the company create products for India it creates for the world.
Google is also expanding its Google Pay payment app which already has 67 million users and has done transactions worth $110 billion so far to include a new app for Business. Google is also bringing its existing technology of tokenisation to India which will enable payments available to debit and credit card holders through a system of ‘tokenized’ cards-- to pay for things using a digital token on the phone rather than actual card number
It can be used to pay for merchants which accept Bharat QR code and those that have NFC by just tapping the card. Google said that it will make payments much more secure apart from making online payment much more seamless by doing away with the need to enter card details. It will be rolled out over the next few weeks for Visa Cards in partnerships with banks such as HDFC Bank, Axis Bank, SBI Cards among others. The features will be rolled out with MasterCard and Rupay Cards in the coming months.


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Earlier this week Nintendo held a Wii U preview event in New York where they revealed the price, launch date, and even some new games (like Bayonetta 2). Nintendo posted some photos of the event on their Facebook page, showing lots of happy people playing the Wii U, and some shots of the various keynote speakers (including Activion CEO who introduced Black Ops 2).
Nintendo has also posted the full presentation video — you can find the video and photos below. Tomorrow, we’ll do a full roundup of all the Wii U news and announcements made last week — and there was a lot!
Wii U preview event photos
Wii U event presentation
Check out the full one hour presentation by Reggie, including an in-depth demo of the new Nintendo TVii.
- The upcoming NES Mini console has a brand new
- Mario games dominate the Wii U eShop sales ch
- The very first Wii U game, Nintendo Land, is
- Nintendo: we have to do better with the launc
TAGS: event, Nintendo, reggie fils-aime, wii u


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Holidaymakers are being warned to watch out for expensive charges when using their credit cards abroad.
It follows a moneyfacts.co.uk poll that revealed while 69 per cent of consumers use their credit card abroad, 67 per cent of them do not know how much they are charged for them.
On average, the so-called 'loading' charge for foreign usage weighs in at 2.75 per cent, which equates to £27.50 in fees for every £1,000 spent.
However, those that opt to withdraw money overseas are charged an additional cash withdrawal fee, which averages an extra two per cent.
"It is worthwhile consumers checking what they will be charged by their card provider before setting off on their travels, as this will help to prevent them returning to find a nasty surprise on their credit card statement," commented Samantha Owens from moneyfacts.co.uk.
Naming the providers who topped the best deals chart, she said: "Nationwide BS bucks the trend with no foreign usage loading and a lower cash withdrawal charge of only 1.5 per cent."
She added: "Liverpool Victoria offers the same deal as long as the customer uses their card within the EU."
To read more about credit cards, click here.
© DeHavilland Information Services plc


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Registering Kegs To Reduce Underage Drinking
The House Finance Committee approved a bill that would require all purchased malt beverage kegs to have a unique encoded tag or label as a way to prevent or prosecute underage drinking cases. The tags would provide information about who bought or sold the keg. It could help police track down adults who buy beer for people who can't legally buy it themselves. Charlotte-Mecklenburg's police attorney has said the tag will serve as a reminder to adults to monitor closely whether young people are drinking at their parties. The American Civil Liberties Union said it is concerned that information collected by retailers about keg purchasers could be used by police to snoop around a buyer's neighborhood, even when there's no reason to suspect wrongdoing. The bill now goes to the House Appropriations Committee.


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Kinder Bueno consumers have the chance to ‘Win a Bit of Different’ with every promotional pack they purchase. Prizes include a Virgin Experience Days gift voucher worth £100 which can be used on spa days, hot air balloon rides and driving experiences. With every purchase of Kinder Bueno, shoppers will be able to register and enter their promotional code on www.kinderbueno.co.uk, to find out if they have won.
Ferrero customer development director Levi Boorer said: “We know that Kinder Bueno shoppers are always looking to try something different and aim to be more adventurous in life, and the Kinder Bueno promotion aims to give shoppers exactly that. By offering shoppers the chance to win and enjoy a Virgin Experience Day of their choice, we aim to appeal to new and existing brand fans, whilst also increasing the brand’s visibility on-shelf and encouraging trial.”
The promotion is available on Kinder Bueno Classic (single and multipack) and Kinder Bueno White (single). To support the launch a catalogue of tailored POS material will be available for retailers to create theatre in-store and maximise sales as well as support via consumer activity, digital and sampling.
Free POS can be requested at www.ferrero-trade.co.uk.


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Press Release: The Oxford Center for Entrepreneurs Announces Major Ownership Stake in What Now Atlanta
Strategic acquisition unites entrepreneurship authority with industry news outlet spanning a circulation of 300,000 readers
ATLANTA (January 7, 2014) – The Oxford Center for Entrepreneurs, Atlanta’s authority on entrepreneurship, is pleased to announce that it has taken an ownership stake inWhat Now Atlanta, the city’s leading resource for real estate, restaurant and retail news. With its strong presence and vast network in each of these industries, The Oxford Center’s strategic acquisition of What Now Atlanta is a natural alignment of both business philosophies and subject matter.
“Through this partnership, The Oxford Center and What Now Atlanta will offer Atlantans access to an unrivaled range of up-to-the-minute news content, spanning business news and insights, as well as happenings in Atlanta’s real estate, hospitality and retail industries,” noted W. Cliff Oxford, founder and CEO of the Oxford Center for Entrepreneurs and author of The New York Times’ “You’re the Boss” blog. The Oxford Center for Entrepreneurs is one of the city’s most connected businesses with projects spanning the monthly CEO Roundtable discussion forum, Oxford Center Entrepreneurship MBA in partnership with Brenau University, and popularDoctorpreneur series. The Oxford Center has nationally distinguished itself with its education and commerce platforms for fast-growth entrepreneurs.
Founded by Caleb J. Spivak in January 2010, What Now Atlanta has more than 300,000 readers, making the popular news outlet Atlanta’s go-to source for insider and breaking news on the real estate, restaurant and retail industries. Spivak will continue to be active in directing the content that has made the news outlet so popular.
“The goal of this partnership is to build upon the synergies and resources of both teams and deliver even more exclusive news content. It’s a win-win for both businesses – and certainly for Atlantans,” said Spivak.
In the coming weeks, a team of writers and contributors will be jointly formed by The Oxford Center and What Now Atlanta to expand upon What Now’s traditional coverage while incorporating dynamic new business-specific content as it can only be sourced through The Oxford Center’s network of business leaders and decision makers.
About the Oxford Center for Entrepreneurs
Started in 2004 and led by W. Cliff Oxford, the Oxford Center for Entrepreneurs is renowned for bringing academics and business leaders together to build a forward-thinking platform for growth. Combining education, innovation and networking, the Oxford Center connects leaders with leaders to identify and capitalize on new opportunities, increase financial performance and plan for tomorrow. By integrating active learning with real world curriculum and firsthand professional experience, the Oxford Center for Entrepreneurs has the vision and experience to create entrepreneur centers that drive economic development and innovative business thinking. For more information please visit www.oxford-center.com or call 1-800-810-6879.


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GM safety issues continue with manufacturer recalling 52,000 more cars
General Motors is recalling certain batches of the Cadillac SRX, Chevrolet Silverado HD and GMC Sierra HD. The 2013 Cadillac SRXs 3.6l are manufactured between May 29, 2012 and June 26, 2013. These vehicles have been detected with an onboard computer error that can delay acceleration for three to four seconds. A lag in acceleration, GM says can increase the risk of a crash. The company will flash the transmission control module to fix the problem in these cars. No crashes for the aforementioned vehicles have been reported so far in this issue.
GM is also repairing 51, 2015 Chevrolet Silverado HD and GMC Sierra HD pickups. The problem here was that fuel pipe connecting the tank to the transfer pump may not be properly torqued, which could result in a leak, and subsequently a fire. GM will tighten the system according to specifications
2014 Cadillac SRX
The latest additions to this ever-increasing recall list from GM are 51,640 Buick Enclaves, Chevrolet Traverses and GMC Acadia SUVs of the 2014 model year. The reason the fuel gauge to read incorrectly due to a faulty mechanism. "An inaccurate fuel gauge may result in the vehicle unexpectedly running out of fuel and stalling, increasing the risk of a crash," the National Highway Traffic Safety Administration (NHTSA) said on its website. GM says dealers will reprogram the software for free, starting immediately. The company will also notify owners by mail.
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