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Samsung outlined plans to capitalise on 5G network wins in the US and South Korea to boost its networks business, while reporting flat handset shipments and a double-digit decline in revenue at its Mobile Communications business in Q3.
On a conference call, Robert Yi, EVP of Investor Relations, said the company was ready to “establish our position at the forefront of the 5G era” with the company on the hunt for new markets for its network equipment.
Without offering specific numbers, the company said handset shipments were “broadly flat” in Q3, though it expected growth in Q4 with the launch of the A7 and A9 handsets into the mid- to low-tier segment. However, it noted the profitability for the division would continue to decline. Yi explained: “Profitability is expected to weaken due to an increase in marketing expenses as we enter the peak season.”
In Q3, Samsung’s Mobile business generated revenue of KRW24 trillion ($21.1 billion) revenue, down 12 per cent year-on-year. The company said the drop was mostly due to “intensified competition”.
Mobile Communications VP Kyeong Tae Lee noted device sales were also impacted by the discontinuation of some models, while profit had declined due to “unfavourable foreign exchange rates” in some regions and the cost of promotion for the Galaxy Note 9.
Looking further ahead, Lee said diversifying its lineup in the premium segment through innovations including 5G compatibility and folding phones would increase demand, as would the inclusion of high-end features in lower-tier handsets.
Samsung’s IT and Mobile Communications division generated pre-tax profit of KRW2.2 trillion, up 1 per cent year-on-year.
Net profit is reported on a company-wide basis, including its many other consumer and business electronics divisions, and stood at KRW13 trillion, up 20 per cent year-on-year.Subscribe to our daily newsletter Back


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Tesla’s Shanghai factory was closed for a while due to Covid lockdowns
The factory is now operating at slightly over 80% of its capacity
Elon Musk says that the Shanghai plant will be able to match its Q1 production figures despite losing about a month’s worth of production
Tesla recently said that its Chinese Gigafactory in Shanghai is now back up and running, with a current production rate that is slightly over 80% of its total capacity.
The Shanghai Gigafactory had to close for an extended period due to the high number of Covid-19 cases in the region, but the automaker has now been granted permission to bring its workers back to work.
This is because the Chinese government “whitelisted” around 2,000 businesses in order to have them resume production in the hopes of improving the difficult economic situation brought by the halt of all manufacturing operations in the city.
Since the Covid-19 situation in Shanghai is still concerning, Tesla is operating the factory in a closed loop system, where employees actually live in the plant where they work, thus minimising their risks of contracting the illness and forcing another shutdown.
When production restarted on April 19, 8,000 workers were welcomed back to work, most of them operating the battery and motor division, which has apparently resumed full production almost immediately.
According to the automaker, the lockdowns have accounted for about a month’s worth of production losses, which will foil the plans that called for a sales increase in the second quarter of the year.
Nevertheless, Elon Musk says he is confident the Shanghai factory will be able to match its production figures from the first quarter of 2022 and he believes the increasing production should be met in the last two quarters of the year, provided the situation stays the same, of course.

domain: news


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Transfer money to friends and family at home or around the world, all using WhatsApp. This is Calibra, a digital wallet that will use a new cryptocurrency called Libra. Calibra, which is now a subsidiary of Facebook, is designed to. It's been almost a week since Facebook announced Libra Blockchain which has Libra Coin run on it. Libra Coin is a Stable coin backed by a.
How will you keep my information safe? In SeptemberFrench finance minister Bruno Le Maire stated that the nation won't allow development of the cryptocurrency in Walet as it is a threat to the monetary sovereignty of nations. Don't show this again. Accessed Https://fblibrauk.com/rust-github.html
19, United States. Bloomberg News. Regulators have raised eyebrows about the Libra project since the week of its launch, citing concerns about its impact on the financial system, user privacy and its potential libda use in money laundering. The Libra Reserve — one for one Open ledger wallet
time someone cashes in a dollar or their respective local currency, that money goes into the Libra Reserve and an equivalent value of Libra is minted and livra out to that person. Those dividends are only paid out after Libra Association uses interest to pay for operating expenses, investments in the ecosystem, engineering research and grants to nonprofits and other organizations. Librz connected wallet for a connected world. Gridcoin Facebook market price.
Accessed June 19, Elaine Ou, an opinion writer at Bloomberg Newstried https://fblibrauk.com/isaac-data-miner.html
States House Committee on Financial Services Committee asked Facebook to halt the development and launch open ledger wallet
Libra, citing a list of recent scandals and that "the cryptocurrency market currently lacks a clear regulatory framework". AUG 09, If Facebook succeeds and legions of people cash in money for Libra, libta and the other founding members of the Libra Association could earn big dividends on the interest. In contrast to cryptocurrencies such as https://fblibrauk.com/best-power-banks-cnet.html
which use permissionless blockchainsLibra is not decentralized, relying walley trust in the Libra Librw as "a de facto central bank ". The Libra Association maintains this basket of assets and can change the balance of its composition if necessary to offset major price fluctuations in any one foreign currency so that the value of a Libra stays consistent. He also spoke about the potential for abuse of marketing dominance and systemic financial risks as reasons for not libra digital currency
cryptocurrency in Europe.
Libra wallet - can not
Retrieved Watch the first flight of libbra drone with a microturbine engine. Even if you really don't want to trust Facebook, you can use any of the other wallets," said Marcus. Calibra executive Kevin Weil told Reuters he did not foresee a dramatic expansion beyond that headcount. Members include Mastercard Inc MA. You can experiment with Libra by going to your account tab in the ZenGo app, which is currently available for iPhone users. Imagine if more people had more access to libra digital currency
global economy. By Queenie Wong. Wallets that pull users click
the Know Your Customer anti-fraud and money laundering process or that keep users sufficiently active for over a year will be rewarded. This provides a level of decentralization that protects article source
Facebook or any other player hijacking Libra for its own gain.
Libra wallet - discuss
Cointelegraph is not responsible, directly or indirectly, for any wwllet or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned lira the press release. Read article
standard "know-your-customer" and "anti-money laundering" laws, Calibra will have to verify people's identities through a thorough process, collecting government-issued IDs and other personal details and documentation. The Libra Association is working with HackerOne to open ledger wallet
a bug bounty system later this year that will pay security researchers for safely identifying flaws and glitches. Bloomberg News. Each will have one vote on important issues. Open ledger wallet
has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with https://fblibrauk.com/facebook-coin-ico.html
zero fees. The proposed crypto has been met with a chilly response from regulators and politicians around the world. President Donald Trump tweeted on 12 July that "If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations. Here's a little something to help get you through the month. Libra is a global cryptocurrency built on the foundation of a blockchain the Libra Blockchain. The Libra ecosystem and the Move libra wallet
will be completely open to use and build, which presents a sizable risk. Imagine if cash became digital. The currency and network do not yet exist, and only rudimentary experimental code has been released. Top up your phone or pay bills. Calibra is currently being built. Discover Thomson Reuters. Accounts are verified with government-issued ID so you know people are who they say they are. ZenGo "Getting to know it early open ledger wallet
spark some new ideas and give you check this out
head start for when Libra becomes truly operational," ZenGo libra digital currency
in a blog post. Select year What if you could send money online in seconds? In contrast to cryptocurrencies such as bitcoin which use permissionless blockchainsLibra is not decentralized, relying on trust in the Libra Association as "a de facto central bank ". Next Article: Best Chromebooks for Libra could also power tiny microtransactions worth just a few cents that are infeasible with credit card fees attached, or replace your pre-paid transit pass. Because the value of Libra is stable, you can also save your money in Calibra and use it to pay for everyday transactions, like buying a coffee, buying groceries, or taking public transportation. If an attack compromises over one-third of the validator nodes causing a fork in the blockchain, the Libra Open ledger wallet
says it will temporarily halt transactions, figure out the extent of the damage and recommend software updates to resolve the fork. And there's a lot of data here that hackers and snoops might like to access. In this article: blockchainbusinesscalibracryptocryptocurrencyebayfacebookfacebook calibragearinternetlibrawwllet associationlyftmastercardmobile libra wallet,
paypalpersonal computingpersonalcomputingservicesspotifywapletubervisa. Latest in Tomorrow. For example, when buying a coffee, instead of inputting the account address manually, the customer can pay by scanning the Linra code of the shopkeeper's account. I hope everything back home is good! Fortune magazine. What if you could send money worldwide with just a few clicks? What countries is Calibra available in? Add a comment House Committee on Financial Services Democrats. Calibra, which is now a subsidiary of Facebook, is designed to "provide financial services that will enable people to access and participate in the Libra network," a blockchain technology developed by Facebook that's getting support from MasterCard, Visa, PayPal, lihra, Uber, Lyft and Spotify, among others. That means that Liibra customers' account information, including financials, won't be used to improve targeted ads on Facebook or its family of apps. To join the association, members must have a half rack of server space, a Mbps or above dedicated internet connection, a full-time site reliability engineer and enterprise-grade security. Proof of authority Proof of space Proof of stake Proof of work. With 5KB transactions, 1, verifications per second on commodity CPUs and up to 4 billion accounts, the Libra Blockchain should be able to operate at 1, transactions per second if nodes use at least 40Mbps connections and 16TB SSD hard drives. BBC News. Sending visit web page
Mateo. Additionally, people will be able to go to a local or online open ledger wallet
exchanges, where they can, say, turn US dollars into Libra for their Calibra digital wallet. What if you could send money online in seconds? The test Libra funds, unlike the version that's coming, don't have any real monetary value. Bloomberg News. If someone does gain access to your account and your Libra balance is affected, the company said Calibra will offer you a refund. Linra transactions will be private and librra. No other company should control it. Where will I be able to use Calibra? And if suddenly it becomes super quick to buy things through Facebook using Libra, businesses will boost their ad spend there. Meanwhile, the 1. So the social network recruited the founding members of the Libra Association, a not-for-profit which oversees the development of the token, the reserve of real-world assets that gives it value and the governance rules of the blockchain. Data will only be shared in specific instances kibra anonymized ways for research or adoption measurement, for hunting down fraudsters or due to a request from law enforcement. O linra lofty plans to establish a cryptocurrency called Libra in June, but the project wzllet ran libra wallet
trouble with skeptical here
around the world. Thanks to a Byzantine Fault Tolerance system, just two-thirds of the nodes must come to consensus that the transaction is legitimate for it to be executed and written to the blockchain. The structure is intended to foster trust and stabilize the price. JUL 26, He warned French Parliament of his concerns about Libra and privacy, money laundering and terrorism finance. Yes, you can paul facebook
up for Calibra by verifying your identity using a government-issued ID. The first product Calibra will introduce is a libra digital currency
wallet for Libra, a new global currency powered by blockchain technology. Here's a little something to help get you through the month. And while Facebook will get to vote on matters surrounding Libra, it won't have any more power than other members. The Calibra wallet will also work with other wallets that accept Libra. The association hopes to grow to members with an equal vote, while Facebook expects to "maintain a leadership libra digital currency
through ". Directory of sites. Fortune magazine. Accounts are verified with government-issued ID, so you know people are who they say they are. Also, she hopes more and more people can article source
from Libra with LibraVista Wallet. Bank of England governor Mark Carney said there was a need to keep an "open mind" about new technology for money transfers, but "anything that works in this world will become instantly systemic and will have to be subject to facebook anna maria
highest standards of regulation. The Libra Association is working with HackerOne to launch a bug bounty system later this year that will pay security researchers for safely identifying flaws and glitches. But first, Marcus knows it'll have to earn people's trust in order for Calibra to be their digital wallet of this web page,
otherwise they'll have other options from Libra partners. But that hasn't stopped some startups from throwing their hats in the ring early.


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The world’s biggest electronics show will begin in Las Vegas on Jan. 8th-9th. The Consumer Electronics Show (CES) brings together some of the biggest names in technology all under one roof. CCTV America’s Mark Niu previews from Las Vegas.
Preview of the spotlights at 2015 Consumer Electronics ShowThe world's biggest electronics show will begin in Las Vegas on Jan. 8th-9th. The Consumer Electronics Show (CES) brings together some of the biggest names in technology all under one roof. CCTV America's Mark Niu previews from Las Vegas.
In total there are more than 3,600 exhibitors in what has been confirmed as CES’s largest show ever, including massive display booths of companies like Sony, Samsung, GoPro, LG, Ford, Toyota, Qualcomm, ZTE and Huawei.
One of the hottest technologies that continues to grab the spotlight were drones.
The cameras were clicking as Shenzhen-based DJI unveiled the Inspire 1. The drone has a 4K resolution camera that rotates 360 degrees, and for better control, it even has two controllers, one to steer the drone, and the other to steer the camera.
Other areas where the competition is especially fierce include 3D printers, biometric wearables, and all-in-one home security solutions.
CES used to be all about the big companies, but this year startups are receiving their own section, called Eureka Park.
Three-hundred-fifty startups are getting ready to display their products, proving they’re becoming just as important as the big guys.
“We need the startups, because they have great ideas, but we also need the big companies. I don’t think there is a battle between them. I think there is plenty of opportunity given the rapid pace of innovation. The consumers desire to buy these products and have their lives made better by these products. So I think there’s plenty of room for everybody,” Gary Shapiro, the founder of TECHnalysis Research, said.


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Tomorrow marks the 50th anniversary of Nike, originally dubbed Blue Ribbon Sports, and to take a look back and celebrate five noteworthy decades, Outlet Shoppers has crafted quite the impressive infographic.
Reverting back to the beginning, Outlet Shoppers details the origins, logos, development of the Air Jordan line and much more. While we have only highlighted a few mere sections from the entertaining piece, you can soak it all in by visiting Outlet Shoppers here. Happy Birthday, Nike.
* via Complex Sneakers


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Around half of all UK homes now subscribe to TV streaming services, according to a major Ofcom report revealing rapid shifts in the nation’s viewing habits.
Ofcom’s Media Nations report, a comprehensive study of major trends in UK television, radio and audio, published today finds:
The number of UK households signed up to the most popular streaming platforms – Netflix, Amazon Prime Video, Now TV and Disney Life – increased from 11.2m (39%) in 2018 to 13.3m (47%) in 2019.
While traditional TV viewing continued to decline in 2018, the UK’s public service broadcasters – BBC, ITV, Channel 4, Channel 5 and S4C – showed more than 100 times more original, homegrown shows than the overseas streaming platforms.
Traditional channels still form 70% of TV time
Traditional TV viewing is falling at a slightly accelerating rate, driven by the changing habits and preferences of UK viewers.
While traditional viewing still accounts for most TV time (69% – or 3 hours 12 minutes, on average, per day), this fell by nine minutes in 2017, and by 11 minutes last year.
Viewers now watch 50 minutes less traditional TV each day than in 2010. The shift is most pronounced among younger people (16-24s), whose viewing of traditional TV has halved in that time.
Young now spend hour on YouTube each day
In contrast, average daily viewing to streaming services rose by seven minutes last year, to 26 minutes; while viewing to YouTube rose by six minutes, to 34 minutes. For the first time, young people now spend more than an hour on YouTube every day (64 minutes, up from 59 minutes).
Two in five UK adults (2019 42%, 2018 37%) now consider online video services to be their main way of watching TV and film. Such is the attraction to online viewing, a similar proportion of people who use subscription streaming services (2019 38%, 2018 35%) could envisage not watching traditional broadcast television at all in five years’ time.


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Over the weekend Nvidia dropped the NDA on it’s Geforce GTX 680 graphics card based on their new Kepler architecture. Which in the case of the GTX 680, Kepler beats the AMD competition, the 7970 on many levels with some degree of ease. As a result of a successful launch (excluding a disgruntled Tweaktown,) Nvidia CEO Jen-Hsun Huang sent out an email to all employees. In the email he hints at the Kepler architecture coming to superphones in the future.
“Today is just the beginning of Kepler. Because of its super energy-efficient architecture, we will extend GPUs into datacenters, to super thin notebooks, to superphones. Not to mention bring joy and delight to millions of gamers around the world.”
Naturally Nvidia aren’t going to put a 200W+ chip into a phone, so obviously there must be some close integration going on between the Geforce and Tegra engineers over at Nvidia HQ. Reasonable estimates is that we might see Kepler in top of the line smartphones early next year when Tegra 4 could be made public.
Kitguru says: Mobile technology is advancing at an enormous pace; I wonder how much longer Nvidia, Qualcomm and others can keep this up.


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New Study Abroad Scholarship!
DreamStudiesAbroad.com was launched online in January 2017 to help students with free information about studying abroad all over the world. Even though we are a very young company we now have the honor to present DreamStudies’ first study abroad scholarship.“We already help students with free information about studying abroad. Now we also have the chance to start giving them financial aid. This is an important step for us. We want to help students to study abroad, regardless of where they want to study.” Says Johan Asplund, the founder of DreamStudies. The amount of the 2017 scholarship


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To slow the spread of COVID-19, the city of New Braunfels announced additional measures and business closures on Sunday, March 22, mostly pertaining to personal care services. The new order also reinforces that businesses still operating must maintain six feet between customers, regardless of whether they are indoor or outdoor.
“We had enforcement and inspection staff out over the weekend assuring our local businesses knew about the order first. Those not yet aware, were understanding in their compliance efforts," said City Manager Robert Camareno in a press release announcing the closures.
These orders will remain active until the State of Disaster declared by the city, March 17, expire or are rescinded by City Council. The original closure order was set to last until April 3, although it has the potential to be extended. The next City Council meeting is scheduled for Monday, March 23.
“We continue to evaluate the outbreak of COVID-19 across our state and coordinate with our local, county and state partners for the most recent information and professional advice." said Mayor Barron Casteel in the announcement. "This is a wise next step in the protection of our community.”
The additional closures that go into effect at 11:59 p.m., March 22, include the following businesses:
- Massage parlors
- Nail, hair and beauty salons
- Barber shops
- Hair removal services
- Tattoo and piercing parlors
- All other non-medical, personal care services that cannot be provided while maintaining six feet of distance.
Previously announced business closures are as follows:
- Bars and Lounges
- Private clubs
- Gyms or health studios
- Indoor commercial amusement businesses
- Bowling alleys
- Bingo parlors
Effective as of 11:59 p.m., March 19, all bars, lounges, nightclubs, taverns, microbreweries, micro-distilleries, wineries, private clubs, gyms or health studios, indoor commercial amusement businesses, bowling alleys, bingo parlors and theaters in New Braunfels must close until at least April 3.
According to a press release from the city of New Braunfels, services such as dining takeout and delivery, drive-in businesses, room service or drive-through services are allowed to continue operating but are required to adhere to social distancing requirements of six feet between customers.
The edict was issued in a municipal effort to stem the spread of the coronavirus and comes on the heels of a statewide executive order announced by Gov. Greg Abbott earlier the same day, March 19.
“We took this extraordinary step to ensure public health and in support of Governor Abbott’s Executive Order this afternoon," said New Braunfels Mayor Barron Casteel in the release. "I appreciate the local restaurants and establishments that have already chosen to proactively close, recognizing this public health emergency. We understand the impact that this order will have on local businesses and employees, but we must join [already closed businesses] and act to protect the health of the citizens and visitors."
The biggest local step to contain the virus to date, the decision comes after more than a week of businesses struggling to adjust to public concerns.
New Braunfel's order also requires the cancellation of any gathering of 10 or more people within New Braunfels' city limits.
Businesses with exemptions to the rule include grocery stores, retail establishments, medical facilities, childcare facilities, office space, hotels, residential buildings and manufacturing facilities.
The first confirmed case of coronavirus in Comal County was announced Wednesday, March 18, and residents have continued to clear aisles at local grocery stores during panicked shopping.
Lasting until the beginning of April, the order could be extended for a longer period of time if the viral outbreak does not come under control.
City officials will endeavor to inform business owners and the public through Friday, March 20, and then enforcement measures will be instituted if people do not comply, the press release stated.
People may visit the city's website and social media accounts for updated information or can call City Hall at 830-221-4000 for additional information.


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Just several days after Xiaomi’s Black Shark gaming phone was revealed in full, Chinese phone maker ZTE, through its sub-brand Nubia, sent out invitations for a press event on April 19 that will introduce its own entry into the possibly lucrative mobile-gaming market. Gaming as a whole is a gravy train for app designers, as exemplified by this BroadbandSearch.net guide.
And similar to how Black Shark operates as a completely separate company from Xiaomi, the upcoming phone will be announced under a newly formed brand known as Red Magic. We at Revü Philippines know this because we were also notified of the impending launch event earlier this month.
It is said that the Red Magic phone will be announced simultaneously for the Chinese and European markets. India will get the device at a later date.
In the email sent to us, Red Magic claimed that it has put “all possible specs under the microscope,” and with this knowledge “set out to create a product to bring all gamers — casual and competitive — together.”
The details were fuzzy. But the intention couldn’t be clearer: Red Magic — and by extension, ZTE — has plans to bring the fight to Razer and its next-door rival in China. In related news, Red Magic also posted invite images addressed to Razer and Black Shark on social media.
Meanwhile, in a blog post on Medium, Red Magic seemed to throw shade at the competition. “Some companies thought they could create the ultimate gaming phone, and in some ways they were successful, but fundamentally didn’t change the mobile gaming experience,” it said.
In a post on Medium, Red Magic seemed to throw shade at the competition. ‘Some companies thought they could create the ultimate gaming phone, and in some ways they were successful, but fundamentally didn’t change the mobile gaming experience.’
Curiously, the invites sent to the Chinese media shipped in a small red crate that is identical to the supply crate found in the wildly popular online shooter Rules of Survival: Battle Royale. Do we smell a collaboration on the way? It seems likely, but there is still a lot to figure out.
For instance, we remain clueless as to what the phone will look like, and whether it is going to launch with a controller attachment like the Black Shark. Nubia has already started giving us glimpses of the hardware. The latest teaser image shows a portion of the back of the device featuring some sort of cooling system.
The screen is believed to have an 18:9 aspect ratio and a fluid refresh rate of 120Hz, similar to the Razer Phone. Qualcomm’s mighty Snapdragon 845 processor coupled with up to 8GB of RAM will likely be found in the Red Magic gaming phone as well.
We should have all the details in a few days, so stay tuned for our coverage.
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Westminster’s Orchard Town Center has a new owner.
Dallas-based TriGate Capital purchased the open-air shopping mall last month for $102.8 million, according to public records. It paid another $250,000 for mineral rights to the land.
TriGate did not respond to requests for comment this week.
Orchard Town Center is northwest of the Interstate 25/144th Avenue interchange. Its major retailers include Target, Macy’s, J.C. Penney and a 12-screen AMC Theatres. REI closed its store there in 2020 after 11 years.
The deal included most but not all of the buildings. Macy’s owns its building, as does Target, according to property records. Orchard Town Center as a whole is about 1.2 million square feet, according to the mall’s website.
The property was sold by Phoenix-based Vestar, which purchased it in December 2013 for $123.5 million, records show.
That means TriGate paid about 17 percent less than Vesta, although the two deals didn’t include exactly the same assets. Vestar, for example, sold some land for a hotel project for $1.1 million, records show. The hotel was not included in last month’s sale.
A spokeswoman for Vestar acknowledged the sale but didn’t respond to questions as of press time.
Orchard Town Center was developed in the late 2000s by Forest City Enterprises, which sold it to Vestar.
The sale of Orchard Town Center comes six months after the sale of Lakewood’s Belmar, which changed hands for $113 million in late June.


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HUMBLE, TX -- Don Jeanes first stole the hearts of animal lovers with the 2013 Anheuser-Busch Super Bowl advertisement where he starred as a trainer for one of the company's trademark Clydesdale horses.
The Humble High graduate made his second appearance in the highly popular "Puppy Love" ad by Anheuser-Busch Super Bowl in 2014.
For the third year, Jeanes is set to appear in one of the company's marquee Super Bowl series of ads entitled, "Lost Dog."
"I want to thank Anheuser-Busch and all the wonderful people at the company," Jeanes said in a phone interview. "I am happy that they hired me to be in another commercial. The first commercial received a great response from viewers and equestrian groups. The second commercial appealed to all the dog lovers and garnered almost 53 million views; I feel lucky to be a part of these advertisements."


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Google takes an interest in e-sports with $120 million investment
- Google confirmed it is leading a $120 million investment in Chushou
- Chushou is a Chinese online e-sports platform that focuses on mobile game livestreaming
- Google did not say how large its investment and stake are
Android might be the most popular mobile operating system in China, but Google is barred from having its search engine be available in the country. “Oh well,” say the folks from Mountain View. “I guess we’ll help to throw $120 million at a Chinese online e-sports platform.”
And throw money it did, as CNBC reports that the search giant is leading the seven-figure investment in Chushou, the aforementioned platform.
Both companies confirmed the investment, though neither Google or Chushou said how big (or small) is Google’s stake or how much Chushou is valued at following the investment round. Google did say that it will help the platform gain a worldwide presence and increase its already sizable 8 million user base.
Either way, this might seem like a strange move, seeing how this is only Google’s second investment in a Chinese startup. The first was artificial intelligence startup Mobvoi, which saw Google attain a minority stake during a $75 million investment round back in 2015.
Looking at the bigger picture, things start to make more sense. For starters, e-sports has become a hot field in recent years, particularly in China, where twice as many people as in the US play mobile games. Seeing how Chushou is an online e-sports platform that focuses on mobile game livestreams, it’s a good time as any for companies to start investing.
More significantly, the investment allows Google to remain relevant in the Chinese market, particularly in the eyes of China’s population of young internet users. Remember that Google’s search engine is barred from the country, and even though Android is extremely popular, software skins don’t exactly scream “Google.”
As such, it makes sense for Google to continually make headway through other means. Last May, Google DeepMind’s Alpha Go took on top Chinese Go players, while Google also opened an AI lab in Beijing this past December.


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Using tactics similar to the tobacco industry, the sugar industry has influenced the research agenda on sugar in order to distract from the harms of its products says Professor Lisa Bero.
Dr Kieron Rooney discusses the impact of excess sugar in our diets.
The University of Sydney recently hosted a Health Forum on ‘Big sugar’ where a panel of our experts discussed the issues surrounding sugar. With more than 600 registrants to the event, the conversation on the night moved from the impact of sugar on the body to marketing and advertising to school canteens to bias in research to ‘I quit sugar diets’.
We asked our panelists to give us their top insights into things we might not know about sugar.
According to a University of Sydney study, the national average shows Australians are eating on average 22kg of added sugar per person every year or 60 grams of sugar per person per day. This jumps to a staggering 30kg per person per year or 82 grams per day for teenagers aged 14-18 years old, while 19-30 year olds are consuming about 27kg per year or 73 grams per day.
“The majority of Australians are consuming above the World Health Organization’s recommended 10kg of added sugar per person every year,” says Dr Kieron Rooney from the Faculty of Health Sciences and Charles Perkins Centre.
“Take, for example, a sugar sweetened drink. If you consume just one can, you’re consuming your maximum recommended limit of added sugar for the day.”
Dr Carrie Tsai from the Faculty of Dentistry says the negative health effects of dental caries (tooth decay) are cumulative - tracking from childhood to adulthood.
“Because dental caries is the result of a lifelong exposure to dietary risk factors such as added sugars, even a small reduction in the risk of dental caries in childhood is of great significance in later life.”
Professor Lisa Bero from the Faculty of Pharmacy and Charles Perkins Centre says that “research studies funded by sugar-sweetened beverage companies are more likely to conclude that sugar is not harmful than studies with other sponsors, and research studies funded by artificial sweetener companies are less likely to find that consumption of artificial sweeteners is associated with weight gain than studies with other sponsors.”
“Using tactics similar to the tobacco industry, the sugar industry has influenced the research agenda on sugar in order to distract from the harms of its products,” says Professor Bero.
“A major contributing factor to childhood obesity is corporate advertising and marketing of junk food and sugary drinks,” says Dr Becky Freeman from the University’s School of Public Health and Charles Perkins Centre.
“Media, especially media aimed at children and young people, is saturated with sugar. Our research on junk food promotions shows that sugary drinks are highly active on social media sites that appeal to young people.
“People are engaging with these brands as part of their online social circle. Sugary drink companies are positioning themselves as “friends” when in truth they are making us overweight, unhealthy, and rotting our teeth. It is time to unfriend these pushers of sweet nothings.”
Dr Freeman adds that pester power is also a key strategy of junk food marketers who rely on the tendency of children to influence parental buying decisions. “Children who are bombarded with marketers' messages, unrelentingly request that their parents buy these same advertised items.”
“The most recent data from 2010-11 shows that there were 60,590 potentially preventable hospital admissions for dental conditions and 129,084 cases of general anaesthesia for dental procedures, mostly for children having teeth pulled due to teeth decay,” says Dr Carrie Tsai.
Kieron Rooney says we can meet all of our energetic needs to not only sustain life but thrive without foods and drinks containing added sugars.
“Cutting the foods that contain added sugars out of our diet will not deprive you of any essential nutrients you can’t get anywhere else in the diet,” said Dr Rooney.


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When Blip came on the scene in 2005, the pioneering startup was ahead of its time, building a network and set of tools designed to help the nascent community of independent Web series. And when Blip unveiled a Hulu-esque consumer -acing hub last year, the timing seeming ideal, as interest in original video content was swelling.
But that was $100 million in YouTube seed money, and roughly 100 million Web series ago. With 18 different companies hosting digital upfront events in the past month, one might wonder, is Blip still relevant? Or will talent and advertisers start bypassing the company in search of fortune and glory on the YouTubes, Hulus and Yahoos of the world?
“The YouTube channels will likely pull advertisers from Blip given advertisers desire to be associated with the YouTube brand and its large and well connected salesforce.” said Adam Kasper, evp partnerships and investments, Havas Digital. “And the new YouTube channels are very high quality.”
But not everyone agrees. “While Blip may not have huge scale, they can really blow things out for your brand,” said Pohmedia digital strategist Jordan Bratter. "My experience has been tremendous."
Blip continues to be popular in the indy creative world. In fact, according to Blip CEO Kelly Day—who joined the company in March after the departures of co-founders Mike Hudak and Dina Kaplan—more than 17,000 creators uploaded shows in the past 90 days. And per comScore, though Blip’s audience declined 11 percent in the past year to 5.1 million uniques in March, views have curiously surged by 131 percent. “We’ve have extremely high user engagement,” Day said. "I don't see the mission changing."
However, Day confirmed that Blip is now planning to both curate more content and co-develop Web series.
One thing Blip may be doing less of is selling and distributing other companies’ content. According to sources, Blip has struggled to deliver on that front.
Last year the company held a press event touting a deal with The Collective, the production company behind YouTube stars Fred and The Annoying Orange. The deal quietly expired recently. “That was a tough deal for both companies,” said Day.


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Lithium-ion battery solutions for subsea vehicles, control systems, and oceanographic equipment.
April 13-15, 2022
Booth to be confirmed
Discover ULTRALIFE's range of ER 'Generation X' Lithium Thionyl Chloride (Li/SOCl2) Cells for smart/utility meters.
March 14, 2022, 9:03 a.m.
After a successful launch at HIMSS Las Vegas 2021, medical battery manufacturer Ultralife Corporation is showcasing its new X5 Cart …


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A British hacker has shown how easy it is to clone passport cards that use RFID by conducting a drive-by test on the streets of San Francisco.
Chris Paget, director of research and development at Seattle-based IOActive, used a US$250 Motorola RFID reader and an antenna mounted in a car's side window and drove for 20 minutes around San Francisco, with a colleague videoing the demonstration.
During the demonstration he picked up the details of two US passport cards, which are fitted with RFID chips and can be used instead of traditional passports for travel to Canada, Mexico and the Caribbean.
"I personally believe that RFID is very unsuitable for tagging people," he said.
"I don't believe we should have any kind of identity document with RFID tags in them. My ultimate goal here would be, my dream for this research, would be to see the entire Western Hemisphere Travel Initiative be scrapped."
Using the data gleaned it would be relatively simple to make cloned passport cards he said. Real passport cards also support a ‘kill code' (which can wipe the card's data) and a ‘lock code' that prevents the tag's data being changed.
However he believes these are not currently being used and even if they were the radio interrogation is done in plain text so is relatively easy for a hacker to collect and analyse.
The ease with which the passport cards were picked up is even more worrying considering that less than a million have been issued to date.
Paget is a renowned ‘white hat' ethical hacker and has made the study of the security failings of RFID something of a speciality.
In 2007 he was due to present a paper on the security failings of RFID at the Black Hat security conference in Washington but was forced to abandon the plans after an RFID company threatened him with legal action.
He points out that RFID tags are increasingly being used in physical security systems such as building access cards and the technology needs significant security adding before it could be considered safe for commercial use.


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Posted on 20 February 2018
Ian Hamilton, Mental Health lecturer writes for The Conversation on the subject of why the older generation are turning to using cannabis.
When most people think of cannabis users, they probably think mainly of the younger generations. But it’s actually the 45 to 64 age group who show the highest proportion of household spending on cannabis.
Recent figures on cannabis use in Canada found nearly 5m people aged between 15 and 64 spent an estimated 5.7 billion dollars on cannabis during 2017. That’s one in five people in this age group. Most of this was spent on the drug for recreational rather than medical, which is currently illegal in Canada.
No surprise then that the cannabis industry in Canada is now bigger than the beer and tobacco industry.
Well, that’s just Canada, you might think, but you would be wrong. In Australia, lifetime cannabis use more than doubled between 2004 and 2013 in the over 50s. The UK has seen similar trends, with lifetime use of cannabis in the 65 to 74 age group rising more than sevenfold between 2000 and 2014. In the US, the rate of self-reported cannabis use over the previous 12 months in people aged 65 and above also jumped massively between 2003 and 2014.


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Tesla and TSMC settle the deal for 4nm chips
Tesla and TSMC have settled the deal for the 4nm chips. A few months back, it was stated that Tesla [Elon Musk’s company] is probably looking forward to the supply of 4nm chips to TSMC. Reportedly, Tesla preferred TSMC over Samsung. As of now, some solid evidence suggests that TSMC has cracked the deal. Thus, leaving Samsung behind. These chips are going to be utilized for the self-driving system of Tesla cars in near future.
In accordance with a report by DigiTimes Asis, Tesla and TSMC appear to have closed the deal. Through this deal, Tesla has become one of the largest clients of TSMC. It is regarded as the seventh-largest customer of TSMC. The Arizona facility of TSMC will be responsible for manufacturing 4nm chips. However, in 2024, Volume production will start. In 2021, the building of the Arizona facility was completed by TSMC. Around 250 members were appointed in the facility for the work operations.
Where Tesla is looking forward to TSMC via this deal. Likewise, is Apple inclined towards TSMC? It is reported that Apple company might place their order of 3nm chips with Arizona facility. In 2024. TSMC will start the process of chip manufacturing. It will be around a similar time when it will be working for Tesla’s order. The chairman of Taiwan Semiconductor TSMC, Mark Liu mentioned that the Arizona facility of TSMC is expected to build a return of around $10 billion once it gets fully functional.
According to various analysts from the industry, this development could be a big hit for the tech giant Samsung. Furthermore, such deals could also influence the net gains of Samsung over the next few years. Since some previous reports suggested that in Q3 2022 Samsung lost its position to TSMC in the international foundry market. The divergence between the two semiconductor giants has widened by almost 40.6% points in Q3 2022. This difference is quite large given the last year’s stats i.e., 33.8% points in Q4 2021. Samsung is for sure in hot waters concerning the given scenario of its foundry.
Though, on the other hand, Samsung was handed over the order of camera suppliers for Tesla. These cameras are expected to be utilized in the Vision self-driving system. In addition to this, some other speculations hint that Samsung’s cameras might be used by Tesla in its forthcoming Cybertruck as well as other electric vehicles. But nothing can be said for sure.
Brian is the news author at Research Snipers which mainly covers Technology News, Microsoft News, Google News, Facebook, Apple, Huawei, Xiaomi, and other tech news.
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According to the Memorandum signed between the “Mountain Resorts Development Company” (Ministry of Economic and Sustainable Development) and “RED-CO” construction of the resort area of the highest European level will start in New Gudauri.
“Development of mountain resorts is one of the most important priorities for our government. In this regard we organized several studies, which clearly showed that if the mountain resorts currently generate $50 million, is easily achievable for this figure to rise to 300 million dollars, which will require investments, new hotels and new services. A Canadian company prepared the master plan for the development of the resort, specifically for the area acquired by RED-CO. Therefore, we can be sure that this area does not develop chaotically, but according to a specified plan, which, in the end will add value to Gudauri, “- said Kumsishvili, the Minister of Economic and Sustainable Development.
In May 2016 RED-CO has purchased 50 hectares of land in Gudauri, where a new resort will be developed according to the highest European level, and 150 million US dollars will be invested in the construction of the resort area. The new resort’s general development plan has been developed by the world famous ski resort planner Canadian company “ECOSIGN”. The first phase of the project covers 10 hectares of development. 26 new building providing the resort with more than 4200 additional beds are envisaged here. According to the new master plan the resort will include 2, 3, 4 and 5-star hotels, aparthotels, townhouses and villas, additional recreational and entertainment facilities, such as ice rinks, restaurants, entertainment centers, sports grounds, shops, tennis courts, spa center and casino . The resort will also be equipped with modern systems of parking (underground and surface), which can sustain more than 1600 cars. RED-CO has received a preliminary approval from ” Starwood Hotels and Resorts Worldwide “, according to which the resort will include hotels of world famous brands – “Sheraton” and “Four Points by Sheraton”.
Head of the “Mountain Resorts Development Company” Alexander Onoprishvili stated, that the country’s institutional and infrastructural projects have contributed to the development of the resort. According to him, during the next few days the resort’s water and wastewater system rehabilitation will start. Additionally, in the summer of 2016 in Gudauri construction of new ski lift will begin, which is essential for the development of the resort. According to the “Mountain Resorts Development Company” in last 5 years considerable progress has been achieved in Gudauri: The number of visitors has increased by 127%, whereas the sales of ski lift tickets by 311%. This year’s season was the best in the resort’s history. In the winter season 2015-2016 the resort had over 200.000 visitors. Compared to last year, the number of visitors has increased by 17%, while the sale of tickets has increased by 63%.


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A new industry outlook report by the Conference Board of Canada finds Canada’s food manufacturers “largely recession-proof,” as people still have to eat, recession or not.
Even with a worldwide economic slowdown limiting growth, food firms’ profits are predicted as nearing the record highs seen in 2008, the board said in a release Wednesday.
“Demand for everyday products such as food is not particularly sensitive to economic conditions, so the food manufacturing industry in Canada is expected to come through the economic turmoil without suffering too much,” economist and report author Valerie Poulin said.
Often overlooked for their role in Canada’s economy, food and beverages are the “single largest component of retail sales” while food processing is the largest component of Canada’s manufacturing sector in terms of jobs, the board said.
Total food consumption is “not expected to drop significantly” as recession sets in, although processors may be affected by changing tastes and diets and consumers may choose cheaper products over premium ones.
Production of food products is expected to decrease by less than one per cent in 2009, the board said, while also expecting processors’ profits to fall off their peak of $4.6 billion in 2008 to $4.3 billion this year, and to remain “close to that level throughout the next four years.”
The Ottawa-based board, a non-profit research organization focused on economic trends, public policy and “organizational performance,” noted that food companies “have been able to attract consumers to new higher-value-added products with higher margins by providing increased convenience or food with greater health benefits.”
That said, as disposable income growth powers down and job losses continue, consumers “will tend to substitute high-margin products for lower-priced goods” such as in-store or “no-name” brands, as opposed to national brand names, the board predicted.


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Eat Out to Help Out: Businesses claimed £849m through scheme for 160 million meals
Almost 50,000 restaurants, pubs and cafes took part in the initiative by 30 September, Her Majesty's Revenue and Customs says.
Wednesday 25 November 2020 11:27, UK
Businesses have claimed £849m through the Eat Out to Help Out scheme, providing discounts for more than 160 million meals, new figures show.
Almost 50,000 restaurants, pubs and cafes had taken part in the government's initiative by 30 September, according to Her Majesty's Revenue and Customs (HMRC).
About a third (34%) of the discounted meals were in businesses which have more than 25 outlets, accounting for more than a quarter (27%) of the total amount claimed, HMRC said.
The average discount on a meal was £5.24 - and while 55% of claims were made by restaurants, pubs accounted for 28%.
The government's Eat Out to Help Out initiative was designed to boost the economy after the first national lockdown, and allowed pubs and restaurants to offer heavily discounted meals on Mondays, Tuesdays and Wednesdays in August.
But research suggested the scheme caused a significant rise in new coronavirus infections.
According to a study by the University of Warwick, a sharp increase in COVID-19 infection clusters emerged a week after Eat Out to Help Out began.
At that time, between 8% and 17% of newly detected infection clusters could be linked to the scheme, the findings suggested.
Areas where there was a high uptake of Eat Out to Help Out also saw a decline in new infections a week after the scheme drew to a close.
Dr Thiemo Fetzer, from the University of Warwick, said the scheme "contributed to community transmission" and "the acceleration of the second wave".
"It's that scheme that has helped to bring about an earlier second lockdown and restrictions on the restaurant sector that it was determined to help economically," he told Sky News.
Earlier this month the chancellor declined to rule out further measures similar to Eat Out to Help Out after England's latest lockdown ends next week.
Rishi Sunak told Sky News that the government would look at a "range of things" to "get consumers spending again and people out and about".
He said: "I won't talk about specific measures but more broadly, I think it's right that when we finally exit this, and hopefully next year with testing and maybe indeed vaccines as well, we'll be able to start looking forward to getting back to normal."
Mr Sunak had previously played down a link between his scheme and a rise in coronavirus cases as he cautioned against "jumping to simplistic conclusions".
He told Sky News in October: "What's happening here is pretty much in sync with what's happening around the world in second waves."
How will the spending review affect you and the country? Sky's economics editor Ed Conway will answer your questions on the Sky News app and website from 5.30pm. Email questions to firstname.lastname@example.org or tweet using the hashtag #AskSkyNews


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LONDON — Just weeks before the birth of her first child, Gem Misa could be found handing out samples of her home-developed salad dressing range in a high-end London department store, an apron around her heavily pregnant waist.
Her efforts paid off: Big supermarkets such as Tesco now stock Righteous dressings and turnover grew to about £120,000 in 2011, from £10,000 the year before.
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Yet of all the hurdles she has faced since quitting her job mid-recession to set up her own company, the most challenging, and arguably most crucial, is the one she faces now: funding the future.
Like many small-and mid-sized British firms, she is turning to the public for financing. “The business has got to a level where we are being distributed nationwide … the problem is that I don’t have the personal budget to really come up with a big campaign to tell more people about it,” Ms. Misa said.
With small businesses struggling for financing as banks rein in lending, and individuals facing poor returns on their savings and volatile financial markets, companies are increasingly eyeing a grass-roots public offering system known as crowd funding — and finding many willing investors.


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SPINS partners with Natural Commerce, a Direct Eats Company
CHICAGO — SPINS on Wednesday announced an exclusive partnership with e-commerce innovator Natural Commerce, a Direct Eats Company.
“We can build the endless aisle for our retail customers almost instantly with our access to an immense range of key health and wellness products,” stated David Hack, CEO Natural Commerce. “Our partnership with SPINS gives us top insights into maintaining the selection today’s shoppers want, and as we grow our network with SPINS’ broad coalition of innovative retailers, we can continue to exponentially increase exposure and opportunity for health and wellness brands.”
“Natural Commerce is disrupting what used to be real barriers to entry into the omnichannel marketplace,” noted Tony Olson, CEO SPINS. "SPINS is ready to help brands and brick-and-mortar retailers adapt, grow and win with e-commerce. Leveraging Natural Commerce solutions in collaboration with the SPINS Product Library will change the game for our shared brand clients and retail partners.”
With the shift to online grocery expected to grow by 300% over the next two years (from 4% to 12% of overall grocery spend), Natural Commerce helps brands and retailers maximize their opportunity. Natural Commerce provides turnkey e-commerce solutions that allow brick-and-mortar retailers to go to market in months and to leverage and maintain their shopper data. The company also enables brands to offer an expanded product assortment across a greater number of outlets, thereby helping both brands and retailers maximize their share of wallet in the omnichannel marketplace.
As a key central aggregator for the e-commerce space, Natural Commerce leverages the power of group buying and a lower cost of goods to benefit all consumers on one central platform.


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Initial Round of TV, Digital & Ground Game in Congressional Districts Nationwide
WASHINGTON – The Congressional Leadership Fund (@CLFSuperPAC), the super PAC endorsed by House Republican leadership, today announced its first wave of general election spending. CLF will begin by allocating $10 million to 12 of the top competitive House races across the country.
The initial independent expenditures include nearly $7.4 million in broadcast and cable television advertising reservations. CLF will supplement this TV buy with robust online advertising campaigns. Partnering with 0ptimus and Deep Root, CLF is utilizing data analytics programs to help advertising buys reach voters more accurately and efficiently. Additionally, CLF will initiate new ground game operations, with $1.5 million slated for districts in California and New York.
“This is the first wave of efficient, strategic ad reservations,” said Mike Shields, President of Congressional Leadership Fund. “We will continue to add to these buys in the coming weeks, including more television advertising, digital advertising, and further ground troop investments. Our historically strong fundraising has put us in a position to not only protect Republicans in tough races, but also to take the fight to Democrats on their turf.”
The first round of spending includes over $3.4 million in districts that are key pick-up opportunities for Republicans: Nebraska’s 2nd District (D-Brad Ashford), California’s 7th District (D-Ami Bera), and Florida’s 18th District (D-open seat).
CLF enters the general election battleground in its strongest position ever, with its largest first round of ad reserves. The spending follows CLF’s record second quarter fundraising, showing strong, growing support for the policy agenda and leadership of Speaker Paul Ryan and House Republicans.
First Round Spending and Launch Dates:
• FL-26: $1,700,000, including TV and digital advertising (October 23)
• CA-07: $1,380,000, including TV advertising (October 11) and door-to-door GOTV activities
• FL-18: $1,320,000, including TV and digital advertising (October 18)
• PA-08: $1,180,000, including TV advertising (October 25)
• NY-24: $800,000, including TV advertising (October 11) and door-to-door GOTV activities
• TX-23: $800,000, including TV advertising (October 25)
• NE-02: $720,000, including TV and digital advertising (October 25)
• WI-08: $600,000, including TV and digital advertising (October 25)
• IA-03: $500,000, including TV and digital advertising (October 25)
• NY-01: $300,000, including door-to-door GOTV activities
• NY-19: $300,000, including door-to-door GOTV activities
• CA-25: $300,000, including door-to-door GOTV activities
Founded in 2011, Congressional Leadership Fund is the super PAC endorsed by House Republican Leadership and dedicated exclusively to preserving and expanding the Republican Majority in the U.S. House of Representatives. CLF, along with its sister organization, 501(c)(4) American Action Network, spent $20 million in independent expenditures on U.S. House races in 2014. CLF and AAN remain the single largest outside conservative spenders on the U.S. House. CLF is an independent-expenditure super PAC that operates independently of any federal candidate or officeholder.


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Punto Luce manufactures equipment for the production of photopolymer printing plates and has been established in the graphic arts industry for more than 20 years. Sales Manager Daniele Olive will be responsible for the sales of GEW UV curing systems through the company’s network of agents in Italy. Punto Luce plans to establish a new company early in 2007 that will deal exclusively with UV curing products from systems to spare parts.
Celi S.a.s has been in existence for more than 30 years, and in the past 10 has specialized in providing technical service to the graphic arts industry, plus after-sales support through Carlo Garancini. Celi will provide installation and support for GEW UV systems supplied throughout both Italy and Switzerland.
“We continue to see the growth and acceptance of GEW UV systems in Italy with the need to provide solutions to curing problems in both the label industry and other sectors of the market,” says Franco Pagano, GEW’s sales manager for Southern Europe.


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Today, the most successful marketing campaigns will include both print and digital elements in an effort to more effectively connect with the target audience. According to Mike Flanagan, the Founder and President of ETW Digital, “Audiences are consuming more media channels every day. Brands gain trust and credibility with consistency across all media platforms.”
For example, ETW Digital effectively orchestrated a marketing campaign for walk-in tub installation. Walk-in tubs are becoming more popular with senior citizens, as they make it easier for them to get in and out of the tub while reducing the risk of slipping and falling. ETW Digital sent direct mail to senior citizens, which included a call to action (CTA) to call the carrier. At the same time, ETW Digital targeted the children of those senior citizens with a paid search and display campaign that led them to a landing page with a CTA there.
Using complementary media and cross-promotion, it is possible to use a multifaceted marketing strategy to target various demographics to achieve the same result. Today, businesses must develop a consistent brand image, use complementary media, and cross-promote campaigns on multiple platforms using a consistent brand voice. Learn more about this campaign in the article ”Mixing It Up”, by Hudson Printing.


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High-end car shows, or concours d’élégance, popped up all over the country during the last economic boom. In these tougher times, many events — for lack of sponsorship or participation — have been forced to either scale back, move to less appealing locations or in some cases go away altogether.
The Fairfield County Concours, held every year for the last seven years in Westport, Conn., has seemed rather recession-proof. Blessed with strong corporate sponsorship and a location with demographics that are ideal for an event of this type, it appears to be thriving. This year’s event was held Sept. 12 at the Fairfield County Hunt Club. The organizer, Bill Scheffler, said his philosophy is to try to create an environment compelling for enthusiasts yet entertaining for the family.
Refreshingly, the event’s organizers also recognize that car collecting is a hobby, a leisure time pursuit, not a gladiatorial game. Nobody dies at the end — it’s supposed to be fun. To that end, the classes at the event have always had an element of whimsy to them. In years past, there was even a class for well-executed fakes called “artful dodgers.” This year, there was a class for “barn finds,” which are cars that have been hidden away, forgotten and rediscovered — fresh with the detritus of long-term storage like mouse nests, old newspapers and layers of dust that, in many cases, is left on the car to enhance its barn-find credibility. Wayne Carini of Portland, Conn., brought a barn-fresh 1967 Saab 96 so covered in dirt that it was difficult to discern its color. When rain threatened, Mr. Carini frantically searched for a tent to store the car under lest the precious filth be washed off.
Best in show for American cars was won by a 1940 Duesenberg SJ, owned by Gary Bahre of Alton, N.H. It was the last Duesenberg chassis to be fitted with coachwork and is therefore recognized as the last actual Duesenberg. It was last sold publicly for $2.5 million at an auction in Scottsdale, Ariz., in 2007.
Best of show for foreign cars was won by a 1931 Bugatti Type 54 Roadster owned by the Mullin Automotive Museum in Oxnard, Calif. According to Andrew Reilly, the museum’s deputy director and chief curator, the car was a special project for Bugatti and combined beauty and performance like nothing else of the era. Its 4.9-liter double overhead cam supercharged straight 8-cylinder motor gave it a top speed of almost 160 m.p.h. Truly scary performance in the days of mechanical drum brakes.
The Bonhams & Butterfields held an auction at the concours for the first time and sold nearly $2.5 million worth of collector cars with the high sale a rare Aston Martin DB2/4 MK II drophead coupe, which sold for $218,750.


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Fur sales boom at Danish auction
TRADE at a five-day fur auction at Glostrup in Denmark is up on last year after fur's return to the catwalk. Buyers mainly from Hong Kong and Greece, snapped up 3.3m pelts for more than 750m kroner (£70m), indicating sales may surpass last year's 3.7bn kroner.
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Amazon is going to stop giving a 20 per cent discount to Prime members pre-ordering video games through thr service.
From August 28th, customers will instead receive store credit when pre-ordering games through the online retailer.
Only a handful of games will be eligible for the $10 credit, and it can take up to 35 days for the money to be received. Amazon’s terms and conditions state that the $10 will be emailed to the customer and will be valid for 60 days once activated.
The discount was first revealed by Amazon in January 2016, and removing this asset is an unexpected modification. The discount applies not only to pre-orders, but also recent gaming releases, which made it so console-owning Prime members could regularly save on popular, big budget games when buying them early.
Amazon Prime members aren’t the only ones losing money - Best Buy shut down their Gamers Club Unlocked earlier this summer. It was a competing server that offered its subscribers a 20 percent discount on games as well. The remaining service, My Best Buy, offers buyers the same as new Amazon Prime terms - $10 credit as a reward when pre-ordering certain popular games.


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Toyota’s ever-evolving, several-year run of recalls has two new chapters. Most notable is a steering problem that affects 670,000 Prius and Corolla models in the United States and 2.8 million units worldwide built between July 2001 and March 2009.
Additionally, a separate recall, including 350,000 vehicles in the U.S. will fix water pump issues in hybrid vehicles.
The faulty part issue may cause a knocking or rattling from the steering column intermediate extension shafts, and could cause a reduction in steering response.
Toyota reported a handful of cases have been reported no accidents of fatalities have been reported. The carmaker stressed that even with the steering problem, the Prius and Corolla models affected are safe to drive.
The recall affects Corolla models built between July 2001 and March 2009, and Prius models built between July 2003 and April 2009.
A Toyota spokesperson said some vehicles will have both recall problems and that owners will be notified by mail. Repairs, which are free, will take about 50 minutes.


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Ford passes Tesla in market value for first time in over a year
Keith Naughton and Brandon Kochkodin
Ford Motor Co.’s blowout earnings have sent the automaker’s market capitalization past Tesla Inc.’s for the first time in more than a year.
Ford share surged 11 percent Friday after reporting first-quarter profit that beat estimates after the market closed Thursday. The company’s market cap climbed to $41.35 billion as of 12:45 p.m. in New York, compared with Tesla’s $40.38 billion.
Ford last closed ahead of Tesla by market cap for a single day last year: April 2. Before that, the last time the company was more valuable was March 31, 2017, according to data compiled by Bloomberg.


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NEW YORK (GenomeWeb) – Oxford Gene Technology today reported a 15 percent increase in revenues for fiscal year 2016 on strong growth in product sales.
For the 12-month period ended Sept. 30, OGT's revenues increased to £19.7 million ($24.5 million) from £17.1 million in FY 2015, as product sales climbed 29 percent to £18.4 million from £14.3 million on increased demand for the company's Cytocell fluorescence in situ hybridisation probes and CytoSure molecular arrays.
The UK-based firm said that Cytocell saw double-digit growth, outpacing growth in the overall market for FISH probes, while the customer base for CytoSure saw a “large increase.” Sales of the SureSeq next-generation sequencing library preparation products also increased, reflecting OGT’s investment in new product development, it said.
"The strategic decisions we have made over the last few years have reshaped the company to create a streamlined and profitable business that is fully focused on the development of innovative products for molecular genetics," OGT CEO Mike Evans said in a statement. "Focusing on our integrated portfolio of molecular genetics products has driven strong sales growth and a significant increase in profits from commercial activities."


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The Los Angeles Auto show (LA Auto Show) is held annually at the L.A. Convention Center. This year’s show opens to the media on November 17. Public attendance days run from November 20 to 29. Ticket prices for children are $5, senior citizens pay $10, and everyone else pays $12 or $15, with the higher price valid on Fridays and weekends.
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With an aim to advance diverse and sustainable sourcing, the initiative will enable minority businesses to be absorbed into the supply chains of large consumer goods companies, including HUL.
Ansu Archana, procurement director of HUL, said the initiative is aimed at expanding the scope of the company's social and environmental commitments in India.
“This is one of our ambitious goals and very much aligned towards Unilever for global commitment, where we have committed to spend Rs 2,000 crore annually with diverse businesses by 2025,” said Archana.
The programme will start with 75 applications. A top criteria of the programme is to identify businesses that are 51% or more owned, managed or controlled by members of diverse groups, said Katie Stein, chief strategy officer, Genpact.
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HUL and Genpact will involve leaders with domain expertise to hold over 150 hours of virtual master classes, one-on-one mentoring sessions, and expert-led workshops across key areas such as finance, supply chain management, engineering, sales and marketing, communication, business development, digital transformation, and more.
The pilot phase of the programme will enable shortlisted business owners to develop critical behavioural and technical skills over a period of six months, including advancing business and growth plans, pitching to investors, as well as fundraising activities.
“After six months, we will have an understanding of their capabilities and some of them, depending on the value chain, relevance and competitiveness, will be possibly working with us or our partners across the industry,” said Archana.
The programme will be implemented by Sattva, a social impact research and advisory firm.
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- Dalal-St Indices End Week on a Positive Note
India’s key stock indices eked out gains in choppy trade on Friday, snapping a two-day losing run, as shares failed to maintain their recent momentum amid concerns that the market may have run up too soon.Samsung May Lose PLI Sops for 1st Yr on Invoicing Issues
Samsung Electronics may have to forgo its sops for the inaugural year of India's ambitious production-linked incentive (PLI) scheme for smartphone manufacturing due to what government officials said were ‘discrepancies in invoicing’.Starlink, Amazon Red-flag Satellite Spectrum Auction
Elon Musk’s Starlink and Jeff Bezos-led Amazon have, for the first time, directly entered the battle over satellite spectrum allotment in India, backing the administrative route, going up against telecom market leader Reliance Jio Infocomm and Vodafone Idea which want an auction.
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[12 Feb 2020]
Jacaranda Records has been shortlisted as a contender for 2020’s prestigious Music Week Awards.
With competition organisers reporting a record-breaking number of nominations for the music industry magazine’s annual celebration of the UK scene, the Liverpool based music hub has beaten off stiff competition to make it to the hotly contested final – securing one of the highly prized slots for Independent Retailer of Year Award.
The success represents another significant landmark for the Jacaranda Records group, which includes an immersive first independent label, 3D Audio studio, live venues and record stores – in its strategy to build a global music operations centre in Liverpool including a ground-breaking immersive audio studio complex and the first UK vinyl production plant to open in the city for decades.
Jacaranda Records label Capomaestro Ray Mia said:
“Hard work and a vision – that’s been the secret behind Graham Stanley and a team who have really pushed the boundary of what a record store means. It’s just a really, really cool place to come and work, sit, listen, play.
“Not many record stores can boast a truly iconic venue woven into the fabric of British, Global and Liverpool Culture, and not many venues can create a vibe that is so welcoming with the hum of history to boot. Let alone a Record Label that’s released more material in a calendar year than any other city based label, and not even mentioning our ground-breaking Immersive mix studio …
“A big part of wanting to build the Jacaranda Records business was and is defined by the Independent Record Store. The look and the feel, the style and the ambience – it’s what personally convinced me to return to where my roots were and reimagine what music means to the city and its place in Music Culture. Mr. Stanley’s recognition is hard earned and well deserved .”
The UK’s only music awards to recognise labels, publishing, live, retail, A&R, radio, marketing & PR, and the roles each discipline plays in the industry, each of the Music Week categories is peer-voted, with the final decision made by an independent panel of specialist judges from across the business.
One of the UK Music City’s most iconic sites, Jacaranda Records is part of the legendary club that gave birth to Mersey Beat, providing an early stage to generations of up and coming Liverpool bands from Gerry and The Pacemakers to The Beatles for over six decades, the organisation’s label, recording and retail operations have become a central resource for aspiring musicians in the city.
Brand & Retail Director Graham Stanley, who designed, launched and runs the burgeoning retail operation, said:
“This isn’t just a retail space – it’s a 60-year-old music community with a record store in the middle of it that’s built on a shared love and respect for music.
“A real shout-out must go to Namina Koroma, Danny Fitzgerald, Veso Mihaylov, Conor Docherty, Ellie Monks, Alex Cromer & the team that run the business day-in-day-out, they are the ones that deserve a special mention because they care – and it shows.”
“The blend of a live performance space and record store in a single place – where we can work with bands and audiences to bring them closer – is critical. It gives the public an extra reason to visit, stay, and enjoy the atmosphere, while for artists it’s an opportunity to work directly with a retailer and their audience to build relationships and provide a platform to plot commercial success. More than a simple shop, we’re part of the overall solution.”


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A Fijian delegation, led by Minister for Commerce, Trade, Tourism and Transport, Hon. Faiyaz Koya participated in the 22nd ‘Shared Services and Outsourcing Week (SSOW) held at Estoril, Portugal, from 23 – 25 May 2022.
The annual expo is the largest shared services event in Europe. This year, it has attracted over 400 attendees, including Microsoft, DHL, Tesco, and Lufthansa Airlines representatives.
The Fijian delegation included Outsource Fiji Executive Director Sagufta Janif, Investment Fiji Chief Executive Officer Kamal Chetty, and Fiji’s Trade Commissioner for Australia and New Zealand, Daniel Stow. It was supported by the Australian Government’s Market Development Facility (MDF).
Traditionally, European businesses have outsourced work to companies within the European continent. But several factors, including the ‘great resignation’ phenomenon following COVID-19, Brexit and the war in Ukraine, have impacted OS services.
Global businesses are now more open to exploring further abroad to solve the labour skill shortage and disruptions these international brands are currently outsourcing to other more established OS destinations.
Fiji’s OS industry currently employs approximately 7000 people. The Government has identified the industry as a potential future economic driver for the country, capable of creating 100,000 new jobs for Fijians over the next decade with the right incentives, infrastructure, and strategic marketing in place.
During the three-day expo, the Fijian delegation had the opportunity to engage directly with potential companies and investors. Also, it co-hosted a roundtable with the Shared Service and Outsourcing Network to create a customer-centric service and how Fiji’s outsourcing sector remained resilient during the pandemic with the government’s recognition of OS as an essential service industry.
This is the first time Fiji has participated in the annual European SSOW.


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Let's go party!
A life-size Barbie dreamhouse will make its way from Malibu to Houston, according to CNN. The World of Barbie exhibit is an adventure that completely immerses you in the world of everyone's favorite doll.
This opportunity gives you the chance to interact with Barbie and Ken's California dream domain, as well as several other iconic Barbie scenes.
You will explore several playsets that are to-size mock-ups of her dream home including a kitchen, a swanky neon living room, and a dreamy closet full of her clothes. Other sets include a laboratory, a spaceship, and even her infamous camper customized by popular West Coast Customs.
World of Barbie is a pretty interactive space, as you can actually host the news in her very own TV studio. Additionally, you'll be able to take photos in giant, life-size Barbie boxes as if you're a toy yourself. There definitely will be no shortage of vibrant photo opportunities here.
A Barbie café with food ends the experience while you also learn about the history of the toy.
The attraction kicks off in Toronto this summer and will make several stops around North America, including Houston. Specific details about the Texas location have yet to be released, but CNN reports that general ticket sales begin May 21.
Narcity has reached out to Kilburn Live to get further information about the Houston stop and will update the article when we hear back. Until then, you can visit the World of Barbie website to sign up for updates.


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The Brexit process, which went under way with the June 2016 referendum, is complete with the UK finally leaving the EU on January 31, 2020. Subir Ghoshwrites
After three-and-half years of political uncertainty, which saw two prime ministers leave 10 Downing Street, the United Kingdom (UK) has finally left the European Union (EU).
Following a June 23, 2016 referendum in which 52 per cent of people voted to leave the EU, the UK government announced the country's withdrawal in March 2017. The process itself was tumultuous. After the December 2019 general elections, which was won by the Conservative Party, the withdrawal Bill proposed by Prime Minister Boris Johnson passed UK Parliament after several amendments proposed by the House of Lords were rejected by the House of Commons. The Lords later decided not to propose further amendments. The European Union (Withdrawal Agreement) Act 2020 received Royal assent the next day, and the UK left the EU at 11 p.m. GMT on January 31.
What follows now is a transition period (also called the Implementation Period) that will end on December 31, 2020, during which the UK and EU will work out their future relationship. The UK will still be subject to EU law and remain part of the EU customs union and single market during the transition but would no longer be part of either the EU's political bodies or its institutions.
Impact on trade
The transition period is meant to give both sides some breathing space while a new free trade agreement (FTA) is worked out. In case of a deadlock, the UK would face tariffs.
An Insights paper for the UK Parliament in December 2019 had summed up: "Leaving the EU will change how UK service businesses like law firms, banks, insurers, architects and tour operators trade with the EU. Whatever choice the UK makes, departing from single market rules will inevitably mean more barriers to trade. As the Confederation of British Industry has stressed, 'an agreement of unprecedented depth' would be required to ensure trade between the UK and the EU remains as frictionless as possible."
In 2018, services were 80 per cent of the UK economy, with service industries accounting for 46 per cent of UK exports and 28 per cent of imports. The UK is the world's second largest exporter of services, selling more than 297 billion worth in 2018, an increase of more than two-thirds since 2008. With free movement of people likely to be hit, trade in services are bound to take a hit.
SHUTTERSTOCK / INK DROP
Similarly, till Brexit, about 54 per cent of all goods imported into the UK came from the EU and nearly half of all British goods were exported to the EU. A 2016 study concluded that if one took into consideration those countries having FTAs with the EU, then 63 per cent of all Britain's goods were exported to EU countries. According to news reports, Britain's factories suffered a sixth consecutive month of falling orders in October 2019 as uncertainty hit demand from domestic customers.
Impact on fashion
The fashion industry is likely to be among the most adversely affected after Brexit.
A briefing paper of the UK Trade Policy Observatory in February 2018 had predicted that the textiles, clothing and footwear industry would see the largest decline in production. The paper had envisaged different post-Brexit trade scenarios and projected the drop in exports for FTAs with EU and No-Deal Brexit to be 17.8 per cent and 33.5 per cent respectively. In case of FTAs with the EU and FTA67 (the 67 countries with which the EU has FTAs) and FTAs with the EU and ROW (rest of the world), the projected numbers were 16.5 per cent and 29.7 per cent respectively.
The fashion industry in the UK, which has grown over the years on duty-free access to the EU, badly needs a deal with the EU. Almost 80 per cent of all apparel produced in the UK are currently exported to the EU. A number of thorny issues are expected to crop up-ranging from mandatory compliance paperwork (as also the associated costs) as a result of leaving the customs union to differences in regulations and standards. This is going to be compounded by UK's existing trade deals with other third-party countries. In short, things are not likely to be in place before December 31.
Meanwhile, organisations like the UK Fashion & Textile Association (UKFT) have been advising its members on how to deal with post-Brexit complications.
To read complete article, subscribe to March 2020 issue of Fibre2Fashion.


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Norbert Dentressangle has welcomed its 100th apprentice to its Carlsberg operation, based in Northampton. Darren Currie was offered a position on the operation’s customer service team less than 24 hours after he submitted his CV. […]
Skills for Logistics (SfL) has started the roll-out of its Logistics Guild and revealed it will be free to join. The modern day guild, which MT revealed had secured funding last month (17 September), is […]
Logistics firms have won millions of pounds in new and extended contracts this year from retailers and manufacturers based in the UK and beyond. Here is Motortransport.co.uk’s top 10 contract wins of 2012. Ceva Logistics […]
XPO Logistics has begun raising $3.26bn (£2.1bn) to finance its takeover of Norbert Dentressangle and for other, as yet unspecified acquisitions.


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Tata Motors on Friday announced it will increase prices of its passenger vehicles from May 1 to offset the surge in input costs, reported PTI. The company in a statement said that the weighted average increase will be 0.6 per cent, depending on the variant and model. This will be the company’s second price rise for its passenger vehicle category after an increase in February.
Tata Motors offer a selection of passenger cars such as the Tiago, Tigor, and Altroz, as well as SUVs like the Punch, Nexon, Harrier, and Safari, for costs between Rs 5.54 lakh and Rs 25 lakh.
The company raised prices earlier in February by an average of 1.2 per cent across its portfolio of passenger cars with internal combustion engines (ICEs). Citing the new RDE requirements, Tata had also announced a 5 per cent price increase in the commercial vehicle segment across the board.
Earlier this month, Tata Motors reported its total domestic wholesales increased by 3 per cent to 89,351 units in March compared to the same month last year. It said its passenger vehicle sales in the domestic market stood at 44,044 units last month, as compared to 42,293 units in the same month last year. Commercial vehicle sales in the domestic market stood at 46,823 units as against 47,050 units in March 2022.
Price increase by other companies
A price increase was also announced by other car makers like Kia India and Maruti Suzuki in the last few months.
Maruti Suzuki increased the prices of its vehicles with effect from April 1, 2023. An estimated weighted average of increase across all models stands at around 0.8 per cent. Maruti also cited “overall inflation and regulatory requirements” for the price rise.


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By Iliass Ikhanjal, Leyton UK
Cloud computing is regarded as the key to unlocking the next stage of a technological revolution that has been progressing in the UK over the past decade. The UK tech scene has experienced dramatic growth in the past decade, creating jobs and opportunities, and leading to cross-sector collaboration that has pushed innovation forward. However, cloud computing software businesses are currently being overlooked for valuable R&D tax relief support, which could help to supercharge the UK tech sector.
The UK Fintech industry, for example, has been built on the foundations of cloud computing which is an enabler of the sector. Whilst the great successes of UK Fintech are held in high regard, it is cloud computing software that has enabled many of these fledgling businesses to thrive.
Cloud computing adoption has accelerated
The COVID-19 pandemic has accelerated the adoption and use of cloud computing, driven by businesses and consumers who have sought solutions to a new way of working and living. Remote or hybrid working before the pandemic, for example, was rare for many working in office-based roles. In 2020, however, the proportion of people working from home more than doubled during the COVID-19 pandemic, and cloud computing facilitated business continuity and online collaboration.
Cloud computing software enabling a digital workforce
During the COVID-19 pandemic, cloud computing software companies grew at an extraordinary rate, and the UK was not exempt. As the nation was forced inside and onto digital devices, cloud computing gave businesses the ability to continue operating. It provided access to files from anywhere, shared access so that teams could work collaboratively whilst not physically near each other and all whilst retaining or even increasing security levels. The need to adapt to become a digital workforce was enabled through cloud software and accelerated what had for many been a long-term goal in just months. In fact, after only a few months into the pandemic, Microsoft CEO Satya Nadella noted that the company had seen two years’ worth of digital transformation in two months.
The benefits to businesses are clear
Cloud computing software has already offered a vast range of benefits to businesses that have boosted their capabilities. These have included enterprise services, allowing them to host their data and run their applications from the cloud, both of which crucially important as businesses were unable to access their hardware in the same way as before the pandemic. And for those who were reluctant to use cloud computing software, these businesses were forced to adapt to a new normal. This trend is firmly in the direction of further adoption and integration of this technology.
Emerging technologies have benefitted from R&D Tax credits
Despite the raft of technological innovations that cloud computing has already produced there are still more advances being made in the technology and even the initial step into using the cloud can come at a significant cost for some businesses. With this is mind, it is surprising that it is not supported by the UK Government in terms of innovation funding.
The success of R&D tax credits has been proven by its impact on emerging technologies such as Blockchain, which has helped to drive relevant companies to innovate and introduce new products in this space. The Government should be levelling up opportunities for those technologies which are clearly beneficial to more businesses, and which have already had such a crucial impact on the way we work.
Qualification for R&D tax credits vary
Currently, software licences may qualify for R&D tax credits, whilst some other cloud computing costs, such as storage rental, support and processor running time, cannot. Despite R&D tax relief support for fintech, which has helped in making the UK an international centre of fintech excellence, this is not being extended to cloud computing software companies, a key enabler of the tech industry. Data and cloud computing services are being seen by industry leaders as key tools in helping businesses to adopt state-of-the-art technology in the near future, such as AI. Cloud computing is regarded as a sector that will help businesses to grow their digital capabilities, helping to support both product development and also research.
Cloud computing under review
Cloud computing is currently under review for whether it should qualify for wider R&D tax credits and we believe that it should be able to receive the same relief. The government has already accepted that there is a strong argument for data and cloud costs to be brought into the scope of reliefs, but so far no action has been taken. It is essential that cloud computing businesses continue the growth they experienced during the pandemic. Whilst the cloud computing is already a significant sector in the UK, further Government support will help the UK to retain its position as a leader in technological innovation.


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US indoor farmer and fresh-food producer Gotham Greens has raised US$87m in new equity and debt capital.
The company, which has now raised total financing of $130m, said it plans to open new greenhouses and launch products.
Gotham Greens’ latest capital raise includes the recent Series D funding round led by Manna Tree and joined by The Silverman Group and other existing investors.
The company operates greenhouses located across the US producing leafy greens. Gotham Greens said it has doubled its revenue in the past year, without providing details. Its products are now sold by retailers in more than 40 states.
It said it now intends to “accelerate its mission to decentralise food production and bring more fresh foods to people across the United States through channel and geographic market expansion, increased operational capacity and new product development”.
Viraj Puri, co-founder and CEO of Gotham Greens, said: “Given increasing challenges facing centralised food supply chains, combined with rapidly shifting consumer preferences, Gotham Greens is focused on expanding its regional growing operations and distribution capabilities at one of the most critical periods for America.
“We’re dedicated to changing how people think, feel and interact with their food while decreasing the environmental footprint of the traditional produce supply chain.”
Brent Drever, co-founder and president of investor Manna Tree, said: “Gotham Greens is the fastest-growing indoor farming company in the United States today with a track record of profitable, commercial-scale production.
“The pandemic has revealed flaws in America’s food supply chain system, particularly in the produce category, and new leaders and innovators need to emerge to ensure a stable food supply for the future. We believe Gotham Greens’ brand, highly scalable business model and leadership team position the company to be the market leader in the rapidly growing and changing landscape.”
In the last 12 months, Gotham Greens has opened new greenhouses in Chicago, Providence, Baltimore and Denver.
The brand recently launched new products, including packaged salads, cooking sauces and grab-and-go salad bowls.


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Tesla Opens First Showroom In Poland, Will Add More Superchargers
Poland is a huge market with great incentives for EVs and massive potential for Tesla.
Tesla has been far more interested in selling its electric cars in the richer western part of Europe and it’s a plan that’s been paying off. However, there is a whole other (more central-eastern) part of the continent that it hasn’t really given that much attention to, where markets such as Poland have huge potential for sales.
Well, that has now changed with the opening of the first official Tesla showroom in Poland. It is located just outside the capital, Warsaw, and while it does currently operate as a showroom and one service center, it is believed Tesla intends to turn the former into a multipurpose facility like others it already has elsewhere in Europe (the one in Hamburg, Germany is a good example).
Polish Tesla drivers also take advantage of the largest Supercharger networks in any central-eastern European country. There are currently 8 Superchargers up and running and while that doesn’t sound like much, it is more than in other similar countries on the Old Continent and another three are listed as ‘ coming soon ‘ on the manufacturer’s official site.
As on other European markets, it looks like Tesla will only sell the Model 3, Model S and Model X. It won’t import the Model Y from elsewhere and it will eventually be made available once it goes into production at Tesla’s Gigafactory in Germany which is still under construction.


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Tesla, one of the leading names in electric vehicles, has decided to commit itself to selling its cars to customers in China through the rest of the first quarter. This showcases Tesla‘s commitment to servicing China‘s EV market and its belief in the immense potential of the industry. Despite this move, the company still has some needs that it must fulfill to remain competitive:
Firstly, Tesla must continue to create strategic partnerships with local businesses. This would enable the company to gain greater access to the Chinese market and resources, making the entire process of selling its cars easier and more efficient.
In addition, Tesla must also focus on marketing their cars to potential customers in the Chinese market. To achieve this, Tesla can make use of digital and traditional marketing strategies such as SEO and content marketing to increase brand awareness and demonstrate the advantages of its cars’ features.
Finally, Tesla should continue its efforts in developing new EVs and EV technologies for the Chinese market. This will not only help the company stay ahead of its competition, but it can also ensure that customers receive the cutting–edge technology that they expect from Tesla.
Overall, Tesla’s commitment to the Chinese market is commendable and its efforts to make its exclusive cars available to customers in the country is an impressive show of confidence. With the right strategies and investments in the Chinese market, Tesla can become the most desirable electric vehicle manufacturer in the world.


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Build 2018: Artificial intelligence, cloud and a dash of AR and VR from Microsoft at this year’s conference
Just like last year, expect lengthy demos on AI this year as well, with the severe lack of consumer products, just like a developer event should be.
Xiaomi's strategy when it comes to selling products is to get users hooked on to its hardware and offer users internet services to pick from.
Nokia 7 Plus first impressions: Good construction, design and hardware makes this smartphone the poster boy for the ‘new Nokia’
Going by the decisions made by Nokia’s design and engineering teams, it’s evident that the Nokia 7 Plus is not out to ape any other manufacturer.
Not sure about spending close to a lakh on Apple’s tenth anniversary iPhone X? We’ll give you ten reasons why you should!
The design of the 2017 Samsung Galaxy Tab A is not much of a sea change when compared to the current crop of tablets it currently has on offer.
Recently-appointed Flipkart CEO, Kalyan Krishnamurthy seems a specialist, who comes with his special set of skills from the Lee Pixel army and knows the ins and outs of e-commerce like nobody else