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It’s a predicament we all have faced in the aisles of our local store — we know that fluorescent lights are better in the long run, yet it is still hard to fork over triple or even quadruple the cost of the incandescent one. If you broke down and went for the cheaper version; you aren’t alone. There are so few people actually buying the more efficient fluorescent bulbs that California assemblyman Lloyd Levine recently proposed California bans the sale of incandescent light bulbs by 2012.
While this may seem a little extreme, it appears that something needs to be done to increase the awareness for the benefits of fluorescent light bulbs. Here are just a few:
- Fluorescent light bulbs last 10 times longer then their incandescent counterparts. If I could avoid climbing up on that ladder to change a light bulb 10 times less often, I would be one happy camper — not to mention the money I will be saving in the long run.
- That brings us to the cost factor. While initially, the fluorescent bulbs cost more, in the long run, the American Council for an Energy-Efficient Economy believes they can save a consumer $4 to $13 a year for each bulb. That can add up to big savings!
- Now for the kicker: according the the website eartheasy, if every American home replaced a single incandescent bulb with a fluorescent one, we could keep a half a ton of Carbon Dioxide (CO2) out of the atmosphere. Ninety average size power plants could be shut down if everyone in the U.S. used energy-efficient lighting.
It is actually hard to find any downfall to using fluorescent light bulbs — other than their appearance which many find unattractive. Even if you start by just replacing the light in the garage, its a step in the right direction!


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Starting 1st December 2014, Malaysians no longer get any subsidies for petrol. What does this mean?
Buying a car, regardless of whether it is a new or used one has many challenges. But before you go out and start negotiating with a used car dealer for a v...
When buying a used car, you will always find one which is ‘accident free’ with ‘low mileage’. While we have elaborated on what accident free means,...
Towards the end of each year, the Malaysian climate becomes more erratic than ever. In recent years, there have been reports of unusual floods happening in...
Malaysia's Oldest Car Portal
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Using cannabis products to cope with the pandemic
Cannabis use has risen during the COVID-19 pandemic, even among people who didn’t consume it before. Two new users say CBD has helped them cope with the anxiety and stress of the past year.
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Ho Chi Minh City’s Favorite and Oldest Wet Market now accepts Mobile Point-of-Sale Payments
To tweet this news, copy and paste, http://mstr.cd/V3Gtky to your Twitter handle with the hashtag #MasterCard and #mPOS
Ho Chi Minh City, 23 June, 2014 – MasterCard and Sacombank have announced a partnership which is equipping small merchants at the iconic Ben Thanh market in Vietnam with mobile Point-of-Sale (mPOS) terminals, enabling consumers to pay for their purchases using payment cards for the first time in its 100-year history.
As a result of this partnership, the Ben Thanh market in Ho Chi Minh, which previously operated on a cash-only basis, has become the first wet market in Vietnam to accept electronic payments. A month after the initial launch of mPOS with Sacombank, around 300 of such terminals have been deployed at Ben Thanh market and with insurance companies, providing a key impetus for driving the adoption of electronic payments and accelerating the country’s move towards becoming a cashless society.
Arn Vogels, country manager for Indochina, MasterCard said, “In Vietnam, limited acceptance is one of the key factors that hinders the development of electronic payments. Our collaboration with Sacombank extends the benefits of electronic payments to both merchants and consumers. Merchants who were previously unable to accept card payments now can use their own mobile phones as point-of-sale terminals to process card transactions, embedding them more firmly in the financial system. Meanwhile consumers who previously might have only carried cash now have more reasons to be banked and adopting electronic payments. This aligns with MasterCard’s strategy to make everyday payments safer, simpler, and more convenient for everyone, leading the way toward a world beyond cash.”
Mobile devices are rapidly transforming the payments experience, particularly at the point of sale, and not just for consumers but for merchants as well. Merchants, including door-to-door sales people and street vendors that have never accepted card payments are turning to mPOS solutions that help expand their customer base and sales. MPOS benefits businesses which are inherently mobile in nature (such as insurance agents and food delivery) as well as small businesses, due to the lower cost of acceptance and also because it enables them to offer the convenience and security of electronic payments to their customers.
“The State Bank of Vietnam has set the goal of increasing the number of POS terminals to 250,000 by 2015 and mPOS technology can help achieve this. MasterCard has and will continue to collaborate with banks and the Government to deliver on this goal,” added Mr. Vogels.
Hear from Vo Thi Ngoc Anh, a salesperson at Booth 986 of Ben Thanh Market, on her experience with going cashless.
– The End –
NOTE TO EDITOR:
MPOS is a compact card reader that can be plugged into smartphones and tablets, and functions as a card acceptance terminal over 3G or Wi-Fi connection. Payment with mPOS is as simple as 1-2-3.
- Connect the mobile card reader to your smart phone or tablet
- Insert or swipe on the reader and key in the transaction amount
- Cardholder signs on the phone screen and a receipt will be sent to the cardholder by eemail and SMS upon the completion of each transaction.
Payments made via mPOS are as safe and secure as those made via the traditional POS as data is encrypted according to the highest industry security standards. Statistics have shown that over 30 percent of the population is smartphone users, paving the way for mPOS as an innovative and economically viable payment solution – thanks to its low cost which is typically about one sixth the cost of a traditional POS.
MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardAP, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.
Saigon Commercial Bank (Sacombank) has a charter capital of more than VND12,425 billion, total assets of more than VND160,000 billion and serves financial demands for over 2.6 million customers. The bank has network coverage all over Vietnam and two neighboring countries Laos and Cambodia with 424 transaction branches. In 2013, Sacombank was honored to be conferred the title of “Vietnam’s best local bank 2013” by Robb Report and be voted “Vietnam’s best retail bank 2013” by The Asset and International Finance Magazine. These achievements marked the maturity of Sacombank Imperial and are the motivation for Sacombank to continue to improve service quality and maintain its pioneer position in the provision of high class financial services while bringing the bank to a higher level by expanding its operations beyond Vietnam.
About Ben Thanh market
Ben Thanh is an iconic market in central Ho Chi Minh City. From a wet market created by street vendors in the early 17th century, Ben Thanh has experienced many ups and downs throughout its 100 years of history, and is now the oldest surviving market in Ho Chi Minh City and one of its iconic landmarks. That makes it a must visit for visitors travelling to this 300-year-old city. Teeming Ben Thanh and its surrounding streets comprise one of the city’s liveliest areas. Tourists can expect to find a wide range of goods including clothing, shoes, bags, jewelry, handicraft, textiles, ‘áo dài’ – a traditional Vietnamese costume – as well as souvenirs. Ben Thanh market is also well-known as the place to go to for authentic Vietnamese food.
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Aussie sparkling wine brand Chandon has unveiled its latest piece of localised content to mark the second season of its partnership with the McLaren-Honda Formula One team.
Devised and produced by Havas Sydney, the video, titled ‘An Unexpected Race’, features Spanish F1 driver Fernando Alonso facing off against McLaren-Honda teammate Stoffel Vandoorne in a race using remote control cars and drones.
The content follows the success of last year’s video, ‘A Friendly Race’, which also starred Alonso.
In addition to the new video, Red Agency has also managed PR and influencer activity around the partnership in the build-up to the first race of the F1 season in Melbourne. This included hosting a select group at the winery in the Yarra Valley to gain further insights into the Chandon story and try a range of products at a specially-themed event.
The new McLaren-Honda F1 car and drivers’ race suits will all be branded with Chandon’s sparkling identity across each race during the 2017 season. Chandon will also be McLaren-Honda’s exclusive sparkling wine partner.
The partnership, which began last year, is designed to grow Chandon’s association with the glamour of the F1 lifestyle and forms part of the wine brand’s ongoing strategy to celebrate spontaneous moments and encourage consumers to ‘Enjoy the Spark’.
Creative and PR: Havas Creative Group (Havas Sydney and Red Agency)
Chief operating officer – James Wright
Executive creative director – Stuart Turner
Head of broadcast – Monique Pardavi
Group account director – Nick Braddy
Account director – Nicole de Pear
Print producer – Claudia Brookes
Copywriter – Zac Pritchard
Art director – Damian Galvin
Account executive – Henry Hellegas
Account executive – Maddie Pulver
Head of consumer – Adam Freedman
Account manager – Sophie Muir
Senior account executive – Shailo Rasanayakam
Director – Lachlan Dickie
Executive producer – Lucas Jenner
Executive producer – Alex Hay
Producer – Megan Ayers
DOP – Ross Giardina
Art director – Jackson Dickie
Editor – Adam Wills
Post-production: White Chocolate


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Scientific Games will offer NYX Poker in a “free-to-play” mode to its U.S. customers under an extended deal between the two companies.
The companies have also signed an agreement under which NYX will distribute content from the SG Interactive Bally, Shuffle Master, Barcrest and Williams game studios in online wagering formats to its regulated NYX OGS partners worldwide.
“Our free-to-play poker model positions our company for changes in regulation,” said David Flynn, EVP business development for NYX Gaming Group Ltd. “Our partnership with SG Interactive has already delivered several new land-based casino clients in the United States, which we can further leverage as the market develops.”
Bob Hays, vice president commercial, interactive for Scientific Games added that the company was excited by the agreement.
“The inclusion of the NYX Poker product for our land-based clients helps them increase loyalty among online players and drive more frequent returns to the casino,” he said. “Distribution of our games via NYX OGS enables us to reach an even broader range of players in regulated online wagering markets around the world with greater speed to market.”
Meanwhile, Sportech announced it has sold its 50 percent stake in Sportech-NYX Gaming to joint venture partner NYX Social Gaming for $18.3 million
The joint venture with NYX Gaming enabled Sportech to launch a New Jersey online gambling site with Atlantic City’s Resorts casino hotel.
Sportech said that proceeds from the sale would be used to “accelerate its near-term development plans whilst retaining a material interest in casino and poker online gaming through an equity stake in NYX”.
“We are pleased to have reached this agreement with NYX, generating a significant return for the group in a short space of time,” Sportech chief executive Ian Penrose said. “The structure of the deal enables us to reinvest in our U.S. growth activities in the sports gaming market, whilst retaining a material stake in the future of online casino gaming in North America. NYX is endeavoring to build a market leading position and we look forward to sharing in this opportunity with them.”
Finally, ORYX Gaming, a company that provides turnkey solutions to the online, mobile and social gaming industry, has struck a content supply agreement with NYX Gaming Group.
Under the deal, ORYX Gaming will begin offering customers a range of games from the company’s NYX OGS.
The initial range of games will include titles such as 1x2Gaming, Nextgen Gaming, Amaya, Realistic Games and Thunderkick. Games will be available to access via desktop and mobile devices.
“NYX OGS now boasts well over 350 games titles with over 150 HTML5 titles for mobile and tablet device,” said Flynn.
“As more and more game providers sign up to NYX OGS, the speed of game deployments to our clients rapidly increases at an effortless pace. This is something that really appealed to ORYX when choosing their games partner.”
ORYX CEO Matevz Mazij said the company is “very excited to be working with NYX Gaming; NYX is an established and growing content provider and we look forward to a long and fruitful partnership.”
ORYX is a multinational firm with offices in the U.S., Estonia, Malta and Slovenia. NYX has offices in Las Vegas, Stockholm and Sydney.


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Analysts predict that Sally Beauty Holdings, Inc. (NYSE: SBH) will report earnings per share (EPS) of $0.52 for the current fiscal quarter, according to Zacks. Four analysts have made estimates of Sally Beauty’s earnings. The lowest EPS estimate is $0.44 and the highest is $0.61. Sally Beauty posted earnings of $0.57 per share in the same quarter last year, suggesting a negative 8.8% year-over-year growth rate. The company is expected to release its next results on Thursday, May 5.
On average, analysts expect Sally Beauty to report annual earnings of $2.58 per share for the current year, with EPS estimates ranging from $2.50 to $2.63. For the next fiscal year, analysts expect the company to report earnings of $2.75 per share, with EPS estimates ranging from $2.69 to $2.77. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover Sally Beauty.
Sally Beauty Inc (NYSE:SBH) last reported quarterly earnings data on Wednesday, February 2. The specialty retailer reported earnings per share (EPS) of $0.63 for the quarter, beating consensus analyst estimates of $0.60 by $0.03. Sally Beauty had a net margin of 6.19% and a return on equity of 148.76%. The company posted revenue of $980.00 million in the quarter, versus analyst estimates of $993.34 million. During the same period last year, the company posted EPS of $0.50. The company’s revenue increased 4.7% year over year.
A number of research analysts have weighed in on the company recently. Oppenheimer cut his price target on Sally Beauty from $24.00 to $22.00 and set an “outperform” rating for the company in a Thursday, November 4 research report. Morgan Stanley raised its price target on Sally Beauty from $22.00 to $23.00 and gave the stock an “equal weight” rating in a Monday, November 15 research note. Zacks Investment Research upgraded Sally Beauty from a “hold” rating to a “strong-buy” rating and set a target price of $24.00 for the company in a Tuesday, November 16 research report. Finally, DA Davidson reduced its target price on Sally Beauty shares from $22.00 to $19.50 in a Friday, February 4 report. Three investment analysts gave the stock a hold rating, two gave the company a buy rating and one gave the company a high buy rating. According to MarketBeat, the stock currently has an average buy rating and an average target price of $23.70.
In related news, director Susan R. Mulder sold 5,000 shares of Sally Beauty in a trade dated Friday, November 26. The shares were sold at an average price of $20.14, for a total transaction of $100,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, accessible via this link. Additionally, director Susan R. Mulder sold 2,901 shares of the company in a trade dated Thursday, Dec. 9. The shares were sold at an average price of $21.00, for a total transaction of $60,921.00. The disclosure of this sale can be found here. Insiders sold a total of 10,401 shares of the company valued at $214,121 over the past ninety days. Company insiders own 1.74% of the company’s shares.
A number of institutional investors have recently changed their positions in the company. First Trust Advisors LP increased its stake in shares of Sally Beauty by 20.0% during the first quarter. First Trust Advisors LP now owns 76,690 shares of the specialty retailer valued at $1,412,000 after purchasing an additional 12,797 shares during the period. Geode Capital Management LLC increased its stake in Sally Beauty by 2.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,838,659 shares of the specialty retailer valued at $40,579,000 after purchasing an additional 44,969 shares last quarter. Northern Trust Corp increased its position in Sally Beauty by 0.7% in the second quarter. Northern Trust Corp now owns 1,544,950 shares of the specialty retailer valued at $34,098,000 after purchasing an additional 10,599 shares during the period. Renaissance Technologies LLC increased its stake in Sally Beauty by 42.9% in the 2nd quarter. Renaissance Technologies LLC now owns 815,500 shares of the specialty retailer worth $17,998,000 after acquiring an additional 245,000 shares last quarter. Finally, Macquarie Group Ltd. increased its position in Sally Beauty shares by 1.8% during the second quarter. Macquarie Group Ltd. now owns 69,223 shares of the specialty retailer worth $1,528,000 after acquiring an additional 1,222 shares during the period.
Shares of NYSE SBH opened at $17.23 on Wednesday. The company has a market capitalization of $1.95 billion, a P/E ratio of 8.24 and a beta of 1.46. Sally Beauty has a 52-week low of $15.24 and a 52-week high of $25.66. The company has a debt ratio of 4.92, a quick ratio of 0.77 and a current ratio of 2.08. The company’s fifty-day moving average is $18.02 and its two-hundred-day moving average is $18.03.
About Sally Beauty
Sally Beauty Holdings, Inc is an international retailer and distributor of professional beauty products. It operates through Sally Beauty Supply (SBS) and Beauty Systems Group (BSG) segments. The SBS segment offers a national and international chain of retail stores and a consumer-facing e-commerce website that offers professional beauty products to hair salon professionals and retail customers primarily in North America, Puerto Rico and in parts of Europe and South America.
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iQoo took to Twitter to make the announcement. The company has shared a small video on Twitter and at the end of the video, it confirms that the iQoo 7 series smartphones will launch in India this month.
You asked for the monster, and it’s coming. Get ready to experience the best of technology. #ComingSoon… https://t.co/5ifPkWS3Qp
— iQOO India (@IqooInd) 1617860047000
Recently, the company also confirmed that it will launch the BMW M Motorsport Edition of the smartphone in India, which will be called iQoo 7 Legend.
Along with this, the company is also expected to launch the iQoo 7 smartphone. The iQoo 7 series will succeed the last year launched iQoo 3 smartphone.
The company has already launched the iQoo 7 smartphone in China recently. This is the first smartphone of the company to come with 120W fast charging support. It is possible that the company might launch the same version in India as well.
iQoo 7 specifications
iQoo 7 is powered by an octa-core Qualcomm Snapdragon 888 processor paired with 8GB/12GB of RAM. The smartphone sports a 6.62-inch full HD+ display with 1080×2400 pixel resolution.
The smartphone comes with dual SIM support and runs Android 11 operating system topped with the company’s own layer of UI. iQoo 7 comes in two storage variants — 128GB and 256GB.
The smartphone comes equipped with an in-display fingerprint sensor and is backed by a 4000mAh battery with 120W fast charging support.
In terms of camera, the iQoo 7 features a triple rear camera setup with a 48MP main sensor with f/1.79 aperture, 13MP ultra-wide angle lens and 13MP portrait camera. The front is home to a 16MP selfie shooter.


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01 June 2022
Minister pays tribute to potato sector's technical developments
IRELAND'S Minister for Agriculture Charlie McConalogue has praised the commitment shown by his countrymen's potato growers over the pat few years, saying that no food has left such an indelible mark on the country as the potato crop.
In an interview with an Irish farming journal, the Minister said the sector is full of growers who are constantly innovating and has become one of the most technically developed in the world.
He stated in the interview: "The potato industry, like many others, has undergone changes over the last number of years, but central to the success of our sector has been our commitment to quality and dedication."
The Minister recently launched the World Potato Congress in Dublin.


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Galena Lodge will open for the winter season on Friday, Nov. 20, with lodge hours from 9 a.m. to 4 p.m. and lunch served daily from 11 a.m. to 3:30 p.m.
In compliance with COVID-19 restrictions, Galena will have limited indoor seating and has installed a food truck on the patio, which has fire pits and picnic tables.
Galena will start the season off in full swing with over 2 feet of fresh snow this week. According to a press release from the lodge, snowshoe and ski trails are ready for the season.
Reserving ski, snowshoe and yurt rentals at galenalodge.com is strongly encouraged. People can also inquire about ski lessons and snowshoe tours online.
Galena is moving toward a cashless system, so customers are asked to bring a credit or debit card. Galena Lodge stated that it would prefer to process payments in a touch-free fashion.
The VAMPS and DONS ski programs will start in December with limited spaces available for online bookings.
Patrons are asked to bring a mask, a blanket and winter jacket along with additional outdoor seating.
People can buy Blaine County Recreation District Nordic season passes online at bcrd.org by Nov. 29 to receive the discounted early season pass price. Season passes will also be available for purchase at the discount price at Galena Lodge during opening weekend.
For more information, call Galena Lodge at 208-726-4010.


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Halloween tour of Zanesville Pet Cemetery offers extended hours
ZANESVILLE, OH - Due to popular demand and increased foot traffic, the Zanesville Pet Cemetery is offering extended hours for their Halloween tour. Visitors are encouraged to make advance reservations.
“We will make sure to have staff on hand for all Halloween tours,” said pet cemetery spokesman Kevin Sprauge. “With so many tours available, we hope this will prevent people from just wandering onto the cemetery grounds while we are closed. Last week, we had a couple of goth kids picnicking on the grave of a giraffe.”
Tourists have been flocking to the pet cemetery from around the country, so extending the hours for Halloween tours was an easy decision. “I doubt you’ll find a better Halloween tour in all of Ohio,” said Sprauge. “Why would you want to see some college theatre student drenched in fake blood when you could visit the actual grave of a semi-feral lion?”
The Halloween tours will run through early November. The Zanesville Pet Cemetery then plans to work on their next exhibit. “We’ve already talked with the Sheriff about putting something together for the Christmas season,” said Sprauge. “We ordered three dead camels for a festive nativity scene.”
- WEBN fires Frog mascot
- O.J. Simpson vows to find the arsonist responsible for Jeff Ruby restaurant fire
- Struggling retailers welcome holiday shoplifters
- Local Police confused and alarmed by government’s Donut Call list.
- Car on top of Cadillac Ranch gets parking ticket
- Trader Joe’s pledges to stay 74% salmonella free


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Oops, here's one we missed last week: SEGA's German website has word that Xbox 360 shooter Condemned: Criminal Origins will be released on PC on March 31st.
To our knowledge, SEGA hasn't previously confirmed a PC version of Monolith's game, which is about hunting down serial killers and using forensic knick-knacks on their victims, so that's good news.
"One of the most-talked-about games of the last weeks is coming to PC in March. SEGA will publish the uncensored original version of Condemned," says the news post.
A SEGA Europe spokesman this morning confirmed that the game's down for release in Europe on March 31st, at least at the moment.
In the meantime, you can find our review of the Xbox 360 version elsewhere in linkland.


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So the social media giant, which has 19 million regular users in Canada and 1.23 billion globally, is rolling out a few tweaks to help users better understand how to control who sees their posts.
And it's taking the unusual step of intervening when it suspects users could be posting publicly without realizing it.
"We understand that in the past some people have felt that privacy on Facebook has changed too frequently or that we haven't communicated as well as we could about privacy," says Mike Nowak, a product manager on the company's privacy team.
For users who regularly share their content widely without any privacy restrictions, Facebook plans to periodically prompt them — with what it hopes is a disarmingly cute cartoon dinosaur — to ensure they realize their posts are viewable by anyone and everyone.
"We just want to make sure that this is a thing they want to be doing and if not, then give them an opportunity to proactively change their audience," says Nowak, noting Facebook is wary of the dino being compared to Microsoft's much-maligned Clippy. The animated paper clip was designed to pop-up in Office and offer users help, but was seen as more of an annoyance.
"This is a little bit of a different tactic from what we've used in the past .... so interrupting people is something we don't take lightly. But in this case we felt that it's important enough for people to be sharing with people they want to be sharing with — for people to be in the right privacy state for them — that we felt it was worth it to have this kind of more-interrupted experience once in a while."
Another change that iPhone users may have already noticed is a subtly redesigned interface for selecting a post's audience before a user sends it. It's currently in test mode on Google Android devices and a similar desktop tweak is set to trickle out soon.
"Sometimes there's this feeling that when you share things on Facebook they can end up being shared more widely than you expected," Nowak says.
"We tried to make it clearer who you're sharing with at the point that you go to share."
Facebook also plans to add more privacy controls to users' cover photos on their profiles. While the current cover photo will remain publicly visible to everyone, users will be able to control who can see photos that were previously used as cover images.
"This was something that came up a lot in the feedback we got from people," says Nowak.


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Search Result For
Result(s) found: 268
RadiciGroup’s new polyamide yarns at Domotex
RadiciGroup, a producer of chemical intermediates, polyamide polymers, engineering plastics, synthetic fibres, and nonwovens, displayed its wide range of latest textile flooring solutions for contract and residential applications at Domotex 2018, the international expo for floor coverings, which was held from January 12 to 15, 2018.
TENCEL® fibres for pillows
TENCEL® branded lyocell fibres put to the test for use in pillows. Studies have shown that fillings of TENCEL® fibres are the perfect botanic alternative. The tests conducted have revealed that pillows filled with TENCEL® fibres score when it comes to moisture management, volume and ease of care.
Longest semi-automated rotor spinning machine
The R 36 with the new S 36 spin box is a smart tool, which enables users to reach excellent productivity in line with high yarn quality from a wide range of raw materials. The new optional function Automated Spinning-In (ASI) allows higher machine productivity due to rapid spinning start-up after a machine stop.
MMF production grows by 5%
Man-made fibres (MMF) production grew by around 5 per cent annually in the last 10 years while those of cotton and wool fell by 1.6 per cent and 1.2 per cent respectively, says the 53rd edition of ‘Information on Man-made Fibres’ published by the European Man-made Fibres Association (CIRFS).
Supercapacitor fibres developed
Supercapacitor fibres that can serve as power source for wearable technologies has been recently developed. A team of scientists from Deakin University, Australia has spun 2-dimensional “MXene,” into fibrous strands, which can be a power source for electronic gadgets.
Savio showcases Polar Evolution winding machine
Since 1911, Savio is specialised in the yarn-finishing segment, being the leading supplier of winding, twisting and rotor spinning machines, with manufacturing plants spanning over Italy, China, India and Czech Republic. As a manufacturer of textile machinery, Savio offers winding systems that are ideal for many different needs, supporting customers in the textile challenge of developing new applications to meet their requests.
"There is strong need for R&D in technical textiles"
AUTOTECH Nonwovens was set up in 2012 recognising the need for a focused high quality nonwovens producer in India. AUTOTECH Nonwovens is one of the leading manufacturers of nonwoven fabrics for the automotive industry in India. AUTOTECH has carved a niche for itself as a manufacturer of choice for needlepunched nonwovens in India.
Ankit Desai, Director, AUTOTECH Nonwovens, speaks to ITJ’s Sr Sub Editor Karthik Muthuveeran on the market for nonwovens in India, and its prospects and problems.
Double-digit profitability in Oerlikon's MMF segment
The Manmade Fibres Segment of Oerlikon captured a significant share of the business in the filament equipment market, where a high level of demand prevailed, particularly in China.
“We are pleased to announce another quarter of profitable growth”, said Dr Roland Fischer, CEO of Oerlikon Group. “Our positive performance confirms that our strategy addresses attractive markets, our initiatives and activities are delivering positive results, and we are able to take advantage of the growth momentum and opportunities in our end markets. Consequently, we are in a position to increase our full-year expectations for the second time this year.”


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When ATMs were introduced more than 40 years ago, they were considered advanced technology. Today, not so much. There are 420,000 ATMs in the U.S., and on April 8, a deadline looms for nearly all of them that underscores how sluggishly the nation’s cash delivery system moves forward. That’s the day Microsoft (MSFT) cuts off tech support for Windows XP, meaning that ATMs running the software will no longer receive regular security patches and won’t be in compliance with industry standards. Most machines that get upgraded will shift to Windows 7, an operating system that became available in October 2009. (Some companies get a bit of a reprieve: For ATMs using a stripped-down version of XP known as Windows XP Embedded, which is less susceptible to viruses, Microsoft support lasts until early 2016.)
Inside every ATM casing is a computer, and like all such devices, each one runs on an OS. Microsoft’s 12-year-old Windows XP dominates the ATM market, powering more than 95 percent of the world’s machines and a similar percentage in the U.S., according to Robert Johnston, a marketing director at NCR (NCR), the largest ATM supplier in the U.S.


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2016-08-19 09:39 来源：小牛英语
Olympic athletes have been ordering ridiculous amounts of food from McDonald's, forcing the free restaurant in the village to place a 20 items limit on orders, according to the Washington Post.
The order limit has been imposed to limit the time athlete's have to spend waiting in line, with some athletes literally waiting hours to place their order.
The line is rarely shorter than a football field even at 5am and athletes queue in all sorts of weather including the torrential down pours that Rio has produced during the games.
The free food has been like a red rag to a bull to some athletes and Australian badminton player Sawan Serasinghe is a prime example - posting a picture of his king sized McDonald's order to his Instagram account.
The athletes see the free food as a release from months of hard work and Serasinghe captioned his picture 'Now it's time to eat some junk food after months of eating clean'.
Athlete's have also cited that they ate at the restaurant because the games village cafe food was 'not very good' and it was also a way to celebrate victories.
At any given time athletes from all over the world can be found queuing up for a burger and even Australia's own Basketball superstar Andrew Bogut has eaten there.
Serbian women's tennis player and former world number one, Jelena Jankovic is another high profile athlete who has enjoyed a 'cheat meal'.


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Apple has announced its earnings for the quarter that ended in March.
And it posted a record second quarter revenue of $24.7 billion, which was up hugely on the figure of $13.5 billion for the same quarter last year. That represents year-on-year growth of 83%.
Profits increased even more, almost doubling with a 95% increase. They went up from $3.07 billion a year ago to $5.99 billion.
It was mainly the iPhone which drove these profits, with 18.65 million units shifted in the quarter, up 113% on a year ago. This beat analyst expectations considerably, although the iPad fell a little shorter on estimates with 4.69 million units sold.
Those numbers are likely to have been affected by the launch of the iPad 2, however, with many holding on for and buying the sequel.
Apple also sold 9.02 million iPods, although that was down 17% on last year. The Mac computer fared better, hitting 3.76 million units sold, up 28%.
The company also noted that international sales accounted for 59% of revenue.
Steve Jobs said Apple was “firing on all cylinders”, and CFO Peter Oppenheimer added: “We are extremely pleased with our record March quarter revenue and earnings and cash flow from operations of over $6.2 billion. Looking ahead to the third fiscal quarter of 2011, we expect revenue of about $23 billion and we expect diluted earnings per share of about $5.03.”


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Revenue from the global TV industry is set reach €340.1 billion by 2016, with increases in pay TV and ad revenue likely.
The latest World Television Market report from research group IDATE predicts that pay TV revenue will increase by 12.1% between 2012 and 2016, with ad revenues likely to see even stronger growth of 21.2%.
According to IDATE, digital penetration will come in at 77.6% of TV households by 2016, driven by digital switchover, investment in cable networks and the increasing uptake of IPTV and DTH services. Overall TV household numbers are set to reach 1.502 billion by 2016, an increase of 9.4% in five years. Cable will remain the most popular TV platform, according to IDATE, but will lose ground to satellite and IPTV platforms, which will account for 30% and 7.3% respectively at the end of 2016. Terrestrial TV is likely to continue its decline and is expected to account for just 26% of TV homes.
Florence Le Borgne-Bachschmidt, director of IDATE’s TV and digital content business unit, said, “It is particularly important to put into context the transformational movements in television, which have never been greater than they are today, in order to measure the revolution taking place.”
Magenta Telekom partners with Whip Media for VOD management digitaltveurope.com/2020/10/28/mag… https://t.co/vALqSJXdVc
28 October 2020 @ 18:00:00 UTC
One further round of EPL PPV added before review digitaltveurope.com/2020/10/28/one… https://t.co/uyGBC8Cv4O
28 October 2020 @ 17:00:01 UTC


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I hate being the bearer of bad news, but unfortunately with the way things are in the world bad news seems more prevalent than good. I know we have many GTA fans in India and this story is relevant to you I am afraid
It appears that due to the terrorist attack in Mumbai the release of GTA 4 in India has been put on hold indefinately :-
"Originally set to release along with the European launch on December 3rd for an insanely low price point of INR 499, or approximately US $10, the game’s launch in India is being pushed back an unspecified number of days, as the official Rockstar / 2K distributor in the country, e-Xpress Interactive feels that it would be insensitive (not to mention, asking for trouble) if the game is put on shelves less than a week after what is one of the worst terrorist incidents India has ever seen."
I hope the delay isn't too long for you guys and that we will soon see you whupping us on GTA 4.
Source :- theangrypixel


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Hon Hai Group’s headquarters, in Taipei, Taiwan, 15 July 2021.
Ceng Shou Yi | Nurphoto | Getty Images
Apple iPhone supplier Foxconn, officially known as Hon Hai, on Tuesday reported third-quarter profit rose 11.27% from a year ago, beating analysts’ expectations despite an ongoing consumer electronics slump.
Here are Foxconn’s results for the quarter ended September versus LSEG consensus estimates:
- Revenue: $1.543 trillion New Taiwan dollars ($47.71 billion), vs. NT$1.559 trillion expected
- Net income: NT$43.12 billion, vs. NT$35.078 billion expected
The Taiwanese firm reported operating revenue slipped 11.64% from a year ago to NT$1.543 trillion, while net income increased 11.27% from a year ago to NT$43.13 billion, beating analysts’ expectations. Foxconn reported a NT$38.75 billion net profit in the same period a year ago.
The world’s largest contract electronics maker, Hon Hai Technology Group, assembles consumer products like Apple’s iPhones.
Data compiled by Counterpoint Research revealed that global smartphone sell-through volumes in the third quarter grew 2% quarter-on-quarter, despite falling 8% year-on-year – its lowest third quarter levels in a decade and the ninth consecutive quarter to record a decline.
A sell-through refers to when a consumer buys a good directly from a retailer.
“Volumes declined year-on-year largely due to slower than expected recovery in consumer demand. But the market’s quarter-on-quarter growth, especially the positive performance in September despite one full week less of sales of the new iPhones, is likely a sign of positive news ahead,” said Counterpoint Research in a report on Oct. 17. Apple’s iPhone 15 series was launched on Sept. 22.
Research firm Canalys said last week that the global smartphone market is seeing a slowdown in its decline. The market saw just a 1% drop in the third quarter 2023, according to Canalys data.
“Bolstered by regional recoveries and new product upgrade demand, the smartphone market recorded a double-digit sequential growth in third quarter, ahead of the sales seasons,” said Canalys on Oct. 17.
“Huawei and Apple’s new launches electrified the market this quarter, outshining many other vendors’ flagship series renewals,” said Amber Liu, analyst at Canalys, adding that Huawei’s latest smartphone Mate 60 Pro which was launched in September is drawing “enthusiastic” demand in Mainland China.
“Meanwhile, Apple is bolstering its new iPhone 15 series with much-enhanced performance and features to continuously stimulate demand,” said Liu.
The ongoing electronics slump has badly impacted the global smartphone market.
Demand for electronic goods such as smartphones has slowed dramatically with global macro uncertainties. Amid rising inflation rates, consumers have been cutting back on purchases of consumer devices.
Foxconn said in its earnings report that it expects monetary policies, inflation, geopolitics and macroeconomics to affect its business in 2024.
In August, the government of Indian state of Karnataka said Foxconn will invest more than $600 million to build a phone production project and a separate semiconductor equipment facility.
India could account for 20% to 30% of Hon Hai’s manufacturing, which is “very similar to China,” chairman and CEO Young Liu told CNBC last month.
In October, Chinese state media Global Times reported, citing unnamed sources, that multiple offices of Hon Hai’s subsidiaries across China had been subjected to tax audits and on-site investigations into land use.


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While everybody waits for an Internet Explorer 10 patch to fix the recently discovered Flash glitch, Microsoft today rolled out a new security advisory aimed at IE 9 users.
The company hasn't yet released a downloadable patch, but instead it provided three essential steps
for all Internet Explorer 9 users who may be exposed to online attacks whenever they are loading a websites hosting malicious code.
Most of the attacks actually come down to installing the Poison Ivy backdoor trojan whenever a vulnerable user loads an infected website. Windows XP, Vista and 7 running IE 7, 8 and 9 are all affected.
Upgrading to Internet Explorer 10 is the easiest way to stay on the safe side, since this particular version isn't affected by this glitch, but Microsoft also recommends users to download and install the Enhanced Mitigation Experience Toolkit (EMET)
In addition, the company recommends users to “set Internet and local intranet security zone settings to “High” to block ActiveX Controls and Active Scripting in these zones” and “Configure Internet Explorer to prompt before running Active Scripting or to disable Active Scripting in the Internet and local intranet security zones.”
Downloading and installing EMET won't affect the browsing experience at all, but instead it will prevent malicious content from exploiting the recently-discovered flaw. A standalone patch, however, will be released very soon, as Microsoft's security department is already working on it.
At the same time, the Redmond-based software giant is also developing a security update to address an issue found in Internet Explorer with Flash installed on Windows 8. The company initially planned to release an update together with the final version of Windows 8
on October 26, but according to recent statements, the patch should be released “anytime soon.”


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eGenesis has announced that A Tale in the Desert V will officially launch on August 7, 2010. The fifth version of the game will feature new systems as well as welcome back one golden oldie.
According to developers, a new and robust fishing system is on its way as well as an improved mining system. The new player experience has been reworked for ATitD V and the mentoring system, not seen since version one, will be making a comeback.
In addition, several player created tests will update some of the older tests and players will have the opportunity to own their own cats.
Fishing will now involve the catching of insects, done through a variety of everyday activities in the game. Some insects will be very rare and result in catching rare fish. In addition, fish will now have to be processed to produce meat and a variety of other resources, including colorful scales.
Read more about this innovative, combat-free MMO at the official A Tale in the Desert site.


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Meet one of the guys who makes football great. Today is the last day to see Sawgrass Mills' Super Expo XVI featuring a football star signing autographs and more than 150 booths with sports memorabilia.
Eighteen student "all-stars" will receive scholarship awards, courtesy of Broward County Target stores, at a special ceremony at 11 a.m. Saturday in the New Ideas Court.
The Target All-Around Scholarship Program is awarding $1.5 million to 1371 students throughout the nation who have demonstrated outstanding abilities in community, family and school programs. This is the first year of the program.
"We are extremely pleased to be able to help these deserving kids realize their hopes and dreams of furthering their education beyond high school," said Terry Hargrove, district team leader. "Target All-Around Scholarship awards are just part of our ongoing commitment to the future strength of this community."
Sawgrass Mills is on the corner of Flamingo Road and Sunrise Boulevard in Sunrise. Call the mall office at 846-2300.
Beauty will be on display at Festival Flea Market's Sunburst Beauty Pageant from 1-3 p.m. Feb. 25 in the food court. More than 200 contestants, from 6 months old to 27 years, are expected to compete. Pick up entry blanks at the information booth. Winners will receive trophies and participate in the state finals in May.
The Festival Flea Market is on Sample Road, just east of Florida's Turnpike. Call the mall office at 979-4555.
Attention brides and grooms-to-be: You are invited to the bridal party sponsored by Burdines and Bride's magazine from 6-8:30 p.m. Monday.
The experts will talk about the bridal registry, wedding etiquette dos and don'ts, and more. There will also be cooking demonstrations.
An extra bonus: If brides begin Burdines bridal registry during the party, they will receive a three-piece silver-plated picture frame set.
Town Center is on Glades Road, between Interstate 95 and the Florida Turnpike, in Boca Raton. Call the mall office at 1-407-368-6000.
At the Malls lets you know what's going on at area malls. Future columns will keep you informed of mall activities, new stores, safety, restaurants and shopping tidbits. We'd like to hear your comments about malls and ideas for this column. Send information two weeks prior to the event to At the Malls, Sun-Sentinel, 200 E. Las Olas Blvd., Fort Lauderdale, Fla. 33301.


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We are currently in the midst of a golden era for both the men's and ladies' Dublin Gaelic Football teams so it's only right that the players take to the pitch in style in 2019 and beyond.
The men's side clinched their fourth All-Ireland in a row back in September before the women followed suit with their second successive title two weeks later.
Not ones to rest on their laurels, The Dubs are already planning for next year and got preparations underway earlier today by unveiling the new official jersey which their footballers and hurlers will be wearing in 2019.
— Dublin GAA (@DubGAAOfficial) October 11, 2018
As with most things these days, the garb has attracted a fair amount of criticism online...
New Dublin jersey is dirt
— Ciarán Whelan (@ciaranwhelan_) October 11, 2018
The state of the new Dublin jersey soz
— Large Marge (@Fearganainm) October 11, 2018
I'm liking the new dublin jersey but the shorts ????
— Keith Langan (@keithlangan88) October 11, 2018
Disappointed with that Dublin jersey ????
— Lar (@_Lar11_) October 11, 2018
While there were a few others who were definitely in favour of the new look...
That new Dublin jersey is the best they’ve ever had
— Darragh J Gavin (@darraghgavin1) October 11, 2018
That new Dublin jersey is lovely
— Aidan Torbitt (@AidanTorbitt) October 11, 2018
The new Dublin jersey is ????????????????
— Meaghan Conroy (@MeaghanC_) October 11, 2018
What do you make of the new Dublin GAA get-up? Let us know in the comments.


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Social TV / Social Networking News
DAZN drives global growth via social video with Grabyo
Jan 17, 2019 – OTT sports platform, DAZN, has been using the power of social video to bolster its brand awareness and drive subscription growth using Grabyo. Grabyo's platform enables DAZN to create, edit and publish video clips to social media moments after they happen.
News categories: Grabyo, DAZN, Gareth Capon, Reda Maher, Digital TV, OTT, Social TV
Conviva acquires social video insights company Delmondo
Nov 28, 2018 – Conviva has announced its acquisition of Delmondo. With the acquisition, Conviva will be able to unify real-time census-level streaming TV intelligence from apps and the web with content and audience intelligence from social media platforms.
News categories: Conviva, Delmondo, Bill Demas, Nick Cicero, Peter Scott, Digital TV, MnA, OTT, Social TV, Worldwide
21st Century Fox invests $100m in social broadcasting platform Caffeine
Sep 5, 2018 – 21st Century Fox (21CF) and Caffeine have announced that 21CF has led a round of funding for social broadcasting platform, Caffeine. 21CF has invested a combined $100 million in Caffeine and a newly formed venture called Caffeine Studios.
News categories: 21st Century Fox, Caffeine, Lachlan Murdoch, Ben Keighran, Digital TV, OTT, Social TV, Venture Capital, Worldwide
Twitter announces over 30 premium video content deals
Apr 30, 2018 – Twitter has returned to the Digital Content NewFronts with an expanded slate of live and original video programming. Over 30 new collaborations and renewals were announced across entertainment, news, sports, gaming and beyond.
News categories: Twitter, Matthew Derella, Kay Madati, Digital TV, OTT, Social TV, USA
fuboTV to use Auth0 for authentication and social login
Mar 5, 2018 – Auth0 has announced that its identity management platform has been chosen by fuboTV. The streaming TV company’s subscriber base will use Auth0 for authentication and social login across a variety of platforms.
News categories: Auth0, fuboTV, Eugenio Pace, Sung Ho Choi, Content Protection, Digital TV, Multiscreen, OTT, Social TV, USA
ListenFirst releases State of Social TV Report
Jan 25, 2018 – ListenFirst has released its State of Social TV report with key insights into Facebook's organic reach, how consumers are engaging with TV properties on social media, audience make-up of consumers engaging with TV properties, and the rise of social branded content as a new advertising opportunity.
News categories: ListenFirst, Jason Klein, Digital TV, Market Research, Social TV
SportsFix partners with Twitter to stream Boost SportsFix Super Cup
Jan 10, 2018 – Twitter has announced a partnership with SportsFix, ASEAN's first and only OTT platform that delivers LIVE and VOD sports content via mobile devices, to live stream the inaugural Boost SportsFix Super Cup (@SportsFixTV).
News categories: SportsFix, Twitter, Carl Kirchhoff, Maurizio Barbieri, Asia, Content Distribution, Digital TV, Malaysia, OTT, Social TV, Worldwide
Bloomberg and Twitter to debut live video news network
May 1, 2017 – Bloomberg Media and Twitter have announced that they are partnering to create the first-ever 24/7 breaking news network that will be global, live, social and streaming.
News categories: Bloomberg, Twitter, Michael R. Bloomberg, Justin B. Smith, John Micklethwait, Jack Dorsey, Anthony Noto, Digital TV, Multiscreen, OTT, Social TV, Worldwide
Deloitte releases 2017 Digital Democracy Survey
Mar 22, 2017 – American consumers' status as a binge watching, streaming, multitasking nation enters 2017 with strong momentum according to Deloitte. Social media has evolved and is being used to discover new content, get news and resolve customer service issues.
News categories: Deloitte, Kevin Westcott, Digital TV, Market Research, Multiscreen, OTT, Social TV, USA
- beIN dispute hits MENA pay TV subscribers
- Steady growth masks seismic shifts in US video and TV market
- BlackBerry joins the Velos Media licensing platform
- Singapore to introduce measures against illicit streaming devices
- BritBox surpasses half a million subscribers
- DAZN drives global growth via social video with Grabyo
- Euskaltel decoders now integrate Amazon Prime Video
- Cox Media and Nielsen renew TV and audio measurement agreement
- OTT TV market far from being saturated
- TDG research shows sensitivity of Netflix subscribers to price rises
- Sinclair Broadcast launches free TV streaming service, STIRR
- Wurl launches server-side ad insertion for Connected TVs
- 16% of U.S. broadband households share online video passwords
- OTE agrees to sell Telekom Albania to Albania Telecom Invest
- Mediamorph achieves record customer acquisitions in 2018
- Half of all U.S. video viewing is done with others
- ShortsTV selects Synacor's Cloud Identity Platform
- SpotX releases '2019 Video Advertising Trends' report
- Mirada multiscreen solution launches at One Communications in Bermuda
- Vestel releases first CASTVs with integrated broadcast pay TV


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The West Indian 'A' team which was in city for almost a week’s time spent its evenings shopping at various sports apparel outlets in the city. They were seen buying cricket shoes and T-shirts at Reliance Trends on Mysore-Hunsur Road and the other showroom at Kuvempunagar.
The entire team used to visit different shops at the end of day’s play and purchase cricket shoes, joggers and T-shirts. In fact, people were surprised to see West Indies team on a shopping spree. People at these shops took snaps of the cricketers as well as the support staff which accompanied them.
Speaking to Star of Mysore, West Indies ‘A’ team Local Manager T.R. Guruprasad said that he took the team to various outlets for them to shop. “The team members bought sports goods like the shoes, batting grips, which are available in a cheaper rate here compared to their country,” he added.
In fact few of them also visited Loyal World in Kuvempunagar to buy some eateries, while others shopped for cricket apparels.
After drawing the first blood in one of the three unofficial Test series, the West Indies ‘A’ team took some time out to spend some time at the Mysore Zoo yesterday. The team went around the Zoo capturing the wild animals in their cameras. Though the team could not visit the Mysore Palace, they were shown the glimpse of it from outside when they were heading to their hotel.
Guruprasad was all praise for the team for their co-operation and said that the entire team had a great sense of punctuality and never missed the regime. With the fresh memories of winning their match against India ‘A’, the West Indies ‘A’ team left for Shimoga to gear up for their second unofficial Test match.
Courtesy : Star Of Mysore


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As has been widely noted, the partial federal government shut down that ended (or was at least put on hold for three weeks) has had a ripple effect. Those hit hardest might be the private sector contractors, who will not receive backpay now that the government has been re-opened. Those people may decide to put off an optional car purchase or repair for some time. The same is true for owners and employees of many local businesses in the Washington area, such as restaurants and even downtown parking garages, who suffered through five weeks of slower-than-normal business due to the shutdown.
When Automotive News picked up the story on metropolitan Washington, it naturally contacted WANADA for comment. Click here to see comments by WANADA Chairman John Bowis, WANADA CEO John O’Donnell, and other area dealers.
The effects of the shutdown also rippled out to the broader auto industry. At the Detroit Auto Show which opened last week, Ford Motor Company Executive Chairman Bill Ford, Jr. told the Detroit News that uncertainty in Washington is bad for business. For example, some new-vehicle launches might be delayed because all new models must pass EPA inspection before they are available for sale, and no one has been available at the EPA to certify them, Automotive News reported.
Only time and lagging economic indicators will tell what the full damage of this shutdown was, and how much of it can be made up in the future. But with the current funding bill only lasting until Feb. 15, there is a real chance the region will have to prepare for this fight to happen all over again very shortly.Download Bulletin PDF


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HP has finally closed its contentious £6.23bn deal for UK data analytics firm Autonomy, after 87 per cent of shareholders accepted its offer.
Analysts had expressed surprised when HP originally announced its intention to buy Autonomy, with many agog at the near 80 per cent premium it was prepared to offer stockholders.
And the move is widely believed to have contributed to the downfall of HP’s previous chief executive, Leo Apotheker, who agreed the deal.
Nevertheless, HP’s new boss, Meg Whitman, said the acquisition would boost HP’s data management capabilities.
“The exploding growth of unstructured and structured data and unlocking its value is the single largest opportunity for consumers, businesses and governments,” she added.
Autonomy will continue to operate as an independent unit in HP, led by its chief executive and founder, Mike Lynch.
But some have questioned whether the ongoing turmoil at HP will result in Lynch departing as soon as the terms of the acquisition allow.
“If the chaos that is HP today continues for too much longer – and the signs are not good – I can see Lynch and a lot of Autonomy’s newly enriched engineers walking," said Richard Holway, of market watchers TechMarketView.
HP’s offer to acquire the remaining 13 per cent of shares remains open.


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43rd GST Council Meeting Next Date is Convened Every/Today/Latest/Minutes/Press Release/Update. It is scheduled to be conducted on 28.05.2021 – Expected to Discuss about Taxes on Medicine and Oxygen – The 43rd GST Council Meeting Chaired by Union Finance Minister Nirmala Sitharaman will be held on 28.05.2021. The meeting, which will be conducted via Online video conference mode. The meeting will be attended by Anurag Thakur, all Status and UT Finance Ministers and dignitaries, the Finance Ministry said in a statement. Finance Minister Palanivel Thiagarajan is participating to represent Tamil Nadu.
This Meeting generated more anticipation because of the 2nd wave of corona virus and those pending issues including petroleum products under the GST tax. State governments are expected to push for the abolition of the 5 per cent GST levied on corona vaccines, including tax exemption on key corona-related drugs, including oxygen.The council may also consider lowering of GST rate of 28 percent on two-wheelers to give a boost to its sales affected during the pandemic.
Union Minister Nirmala Sitharaman Tweeted that “SmtNirmala Sitharaman will chair the 43rd GST Council via video conferencing at 11am on New Delhi on 28th May 2021. The meeting will be attended by MOS Anurag Thakur besides the Finance Ministers of States and UTs and Senior Officers form Union Government and States”.
In this 43rd GST Council Meeting State governments are expected to push for the abolition of the 5 percentage GST tax on corona vaccines, and tax exemption on key corona-related drugs, including oxygen. This is the first GST meeting going to be conducted in this year. The last meeting was held at October 2020.
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The U.S. is in a relatively strong position to take advantage of Asian demand for natural gas. There are now a total of three proposed export terminals for liquefied natural gas (LNG) in the U.S. that have achieved all the necessary permits.
With full federal approval, political risk for LNG exports can be laid to rest. Now, the bigger challenge for LNG exporters is finding and securing a captive market for their product. In this regard, there is a lot to be excited about as well.
But investing in U.S. LNG exporters is not without risks. For one, a rapid rise in demand for LNG in Asia is suddenly looking a bit less of a sure thing. That is largely due to China’s flagging growth rate.
More importantly, American producers will face stiff competition from their Australian counterparts. A massive volume of liquefaction capacity is set to come online over the next several years. Australia is bringing online 62 million tonnes per year (mtpa) of LNG export capacity by 2018, which is a staggering figure considering the country only has 22.2 mtpa today. And they are much closer to the markets of China, Japan, and South Korea.
That proximity lowers shipping costs, which may seem nominal considering the cost of production, liquefaction and regasification. But lower shipping costs could be just enough to make the difference in winning long-term contracts. Australia, therefore, is sitting in the best possible spot to serve the hungry consumers in East Asia.…


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Jeff Sessions Says US Prosecutors Won't Crack Down On 'Small Cannabis Cases'
Last January, the Trump administration lifted an Obama-era policy that prevented federal intervention in states that have legalized cannabis for medicinal or recreational use. The move caused uncertainty and concern for many involved in the state-legalized production and sale of cannabis as all uses of marijuana continue to be prohibited by the federal government.
Now Attorney General Jeff Sessions appears to be clearing the air by saying that federal authorities will not be cracking down on "small marijuana cases."
“I am not going to tell Colorado or California or someone else that possession of marijuana is legal under United States law,” Attorney General told a group of students at Georgetown Law School yesterday. He added that federal prosecutors “haven’t been working small marijuana cases before, they are not going to be working them now.”
Instead the focus of federal authorities will be large-scale and illegal cannabis growing operations, and gangs that deal in illicit marijuana sales. Whether or not those illicit operations include state-licensed cultivators and retailers will be up to the interpretation of the US prosecutors tasked with handling cannabis offenses.
- Jeff Sessions says US prosecutors will not pursue small-time marijuana caseswww.theguardian.comMarch 10, 2018
- Jeff Sessions Says Department of Justice Will Not Pursue Minor Cannabis Casesmerryjane.com
- AG Sessions: US prosecutors won’t bother with ‘small marijuana cases’mjbizdaily.comMarch 12, 2018
- Sessions Says DOJ Won't Pursue 'Small,' 'Routine' Marijuana Caseswww.newsy.com


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It’s one tough subject that parents may be shying away from---- and it’s not the birds and the bees. A new study by the researchers at Sesame Street indicates a majority of parents may not be having a conversation about race, class, or ethnicity with their kids, the factors that make up social ident
Several medications used to treat heartburn and acid reflux are being recalled after manufacturers detected trace amounts of the same probable cancer-causing impurity that prompted earlier recalls of several medications used for similar purposes.
For the third year in a row, a leading expert in the field of vaping and youth drug trends, Michael DeLeon is spreading a message of health and preventative measures students can take to live a healthy life.
Most people associate food with the holidays. A huge turkey dinner or prime rib, whatever the tradition is, involves consuming lots of calories. Some may be good for you, but more times than not, it means, sugars, sweets, and treats.
JACKSON, Miss. (AP) — A school district in Mississippi is suing the largest e-cigarette maker in the U.S., saying that Juul Labs is deceptively marketing its products to teenagers and causing young people to become addicted.
Giving women with very dense breasts an MRI scan in addition to a mammogram led to fewer missed cancers but also to a lot of false alarms and treatments that might not have been needed, a large study found.
A New Jersey company is recalling about 97,271 pounds of salad products sold at Giant Eagle, Walmart, Target and other stores throughout Ohio because they may be contaminated with E. coli, according to the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS).
The Louisiana Department of Health (LDH) confirmed on Monday, Nov. 18 the first death linked to a vaping-associated lung injury, or EVALI, in the state. LDH was unable to provide specifics about the deceased individual due to privacy concerns.
The American Heart Association is ramping up its fight against the use of e-cigarettes and vaping. Now it’s time for a Tobacco Endgame: to eliminate tobacco and nicotine addiction in the United States.


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Our beloved Post Master Steve Reeves is retiring effective at the end of December.
The Tillamook Post Office will be taking responsibility for finding a new Post Master for Bay City.
In the meantime the Post Master of Tillamook will be closing the Bay City Post Office, and closing all services including box service.
Box holders at Bay City will need to forward their mail to a new post office box somewhere else or put up a mailbox at your home or business. It will be a lengthy process to find a new Post Master for Bay City. In the meantime the over 250 box holders many of them businesses will need to make other arrangements.
There are better solutions to this problem. Certainly the refunds of unused time for current box holders and lost revenue from empty post offices boxes while searching for new Post Master plus empty building rent could be offset by temporary short hour staffing from the Tillamook post office. The last time this happened at Bay City the window was closed, parcels and accountable mail went to Tillamook, letters and notices went to the PO boxes. Why not now?


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New Delhi, June 24, 2018: Recent developments in the medical devices industry have captured the interest of entrepreneurs, doctors and stakeholders. Upon the formulation of the Medical Devices Rules, 2017 there has been a debate on whether or not the government should regulate prices of medical devices. The Rules are in their early stages and yet to be established as a policy, so there’s plenty of room for the government to take a decision on this issue.
The fundamental reason for enforcing price capping is compelling: it increases the affordability of medical devices for the underprivileged, rural and semi-urban populations. A survey in New Delhi, for instance, showed that reduction in stent prices resulted in approximately 8-18 per cent reduction in the cost of overall angioplasty procedure for patients undergoing single vessel procedure (approximately 70% of the total angioplasty patients). Affordability of medical devices are essential in developing countries, especially one like India where the doctor to population ratio is abysmally low at 1:1428. Medical devices aiding diagnosis and treatment can tackle this gap, enabling doctors to obtain more accurate results.
However, popular opinion states that price regulation on medical devices can hurt innovation, profits and future investment. The Indian government slashed prices of medical devices such as knee implants and heart stents in 2017 by as much 69 and 85 per cent respectively, to make them more affordable. In reaction, the Medical Technology Association of India (MTAI) pointed out that “any protectionism would not be a facilitator but would only sow seeds of doubt in the minds of global investors”. Leading US firms established in India protested against these moves and pressurized the Indian government to revise its stance on price caps for medical devices, but PM Modi clarified the government’s view on the issue: providing affordable healthcare to patients takes precedence over the interests of companies.
Affordability of medical devices is a crucial factor, but providing and retaining impetus to innovation, production and investment in the industry is equally important and must not be sidetracked. The government needs to maintain a delicate balance, it should device a price capping range in such a way that: (a) It is affordable for the majority of the population and (b) It covers the production cost and guarantees profit for the producer. To promote exports the device can be sold at a relatively higher price range, still keeping the prices competitive at the global level. If the Medical Devices Rules solidify into a policy, the National Medical Device Promotion Council (NMDPC) will be responsible for researching, managing and consolidating the medical devices sector. The scope of the NMDPC can be expanded to include determination and implementation of price capping, enforcement of its rules and monitoring their implementation.
Subsidies or grants currently disbursed to the industrial sector by the government will certainly reduce import dependence and foster the ‘Make in India’ scheme. However, going one step ahead and offering tax credits or reimbursements to innovators will further lower the overall cost of the device and enable more profitable manufacture of medical devices under the price-capping mechanism. The net result would be a vibrant manufacturing ecosystem producing innovative, good quality, profit-making and yet affordable products. Over the last few years, China has been successful in manufacturing and exporting low range devices with the added support of government subsidies; India can also incorporate a similar system to boost its sales abroad.
The biggest challenge for today’s medical technology innovators is to invent novel technologies, which replace complex and exorbitantly priced products with simple, reasonably priced and equally performing alternatives. The fact that medical devices are a diverse set of technological, electrical and mechanical instruments and their production techniques can be extremely multifarious intensifies the challenge. However, once designed and produced, such a product would be immune to any adverse commercial impacts of a price capping mechanism. India’s upcoming medical device zones encourage innovators and inventors to tackle this challenge, and similar projects need to be implemented across the country.
The Indian government intends to reduce the premium on devices by implementing a price ceiling for medical devices similar to the pharmaceutical industry. The pharmaceutical sector flourished exceptionally due to the patent regime, low cost of production and exemptions to small-scale industries. The National Pharmaceutical Pricing Authority (NPPA), which regulates the prices of more than 600 drugs, is likely to regulate about 14 more out of 23 medical devices mentioned under the Drugs and Cosmetics Act, 1945. Similar to the National List of Essential Medicines (NLEM) of NPPA, the government under the new Medical Devices Rule, 2017 can notify a list of emergency devices, home medical equipment and indispensable devices, which can be sold at regulated prices between certain price ranges.
Price capping is an excellent system for increasing affordability of medical devices. However, this is not the only solution. Price regulation on devices can be supplemented with encouraging social innovations, emphasizing on preventive healthcare, creating well-equipped medical stores facilitating accessibility of devices in remote locations, improving medical education and human resources, providing adequate medical infrastructure in remote areas, adopting the PPP model to enhance the distribution system, and increased investment in health care can bolster the sector altogether. Further, manufacturing-friendly and export-promoting policies must accompany the price capping mechanism to offset any of its adverse impacts.
The combined result of these actions would be an innovative, good quality and affordable healthcare sector, and that should be the sector’s – and the country’s – paramount objective.
Corporate Comm India(CCI Newswire)


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02 June 2015
02 June 2015
Solvay has launched Tegralite, a family of materials which offer the aeronautics industry new downstream solutions and part making capabilities that improve fuel efficiency and speed up the production, refurbishment and maintenance of planes at a lower cost.
Solvay's says its Tegralite integrates the world's broadest range of high performance polymer products from its Specialty Polymers Global Business Unit and the complementary skills of its specialised partners; 3A Composites, Aonix and JSP, through a global network that is open for expansion.
“Tegralite's package of integrated solutions intends to address the order backlog in commercial aviation, which has been growing by 70 percent in the past four years,” said Augusto Di Donfrancesco, President of Solvay’s Specialty Polymers GBU. “This new avenue of growth addresses the rising need to substitute metal or heavier plastic parts with multi-functional thermoplastic materials able to resist shock, impact, high temperature, fire, chemicals and noise.”
Solvay believes that the industry’s entire value chain of part-, system- and aircraft-makers as well as airlines, stands to benefit from Tegralite’s materials which will help simplify today’s complex supply chain, enable more part commonality and ultimately roll out planes faster as more people travel. It meets the industry's drive to lower costs and increase efficiency by replacing handmade labour or facilitating on-board repairs.
Solvay says its alliance with 3A Composites makes a new generation of aerospace foams available large quantities for the first time. It explains that its partnership with JSP opens up fast and easy access to 3D foam parts, a technology already widely used in the automotive sector. With Aonix, Solvay propels the development of innovative high- and ultra-performing prepreg systems as well as new sandwich materials and structures. Solvay complements the offering with its tailored multi-layer functional and decorative surfaces.
Wabash and Carver will highlight their composite moulding presses at the SAMPE 2018 Conference & Exhibition on 23-24 May in Long Beach, California, US.
Velox is intensifying its activities in Eastern Europe and Russia and will exhibit at Plastpol on 22-25 May 2018 in Kielce, Poland, alongside long-term partner Lubrizol.
Following its strategy to address composites end-use industries specifically, JEC Group is organising The Future of Composites in Transportation, a two-day event taking place on 27-28 June in Chicago.


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Marshall Industries (MI) mi said second-quarter earnings will fall short of expectations, sending shares sliding 6.8 percent lower Wednesday. Earnings will run about 30 cents to 33 cents a share. Analysts anticipated a profit of 41 cents a share. The electronic components and production supplier blamed weak customer demand, continued pricing pressures and lack of availability of certain memory and mass storage products. Shares fell 1 15/16 to close at 26 9/16.
Positive surprises Novell novl reports profit
Novell Inc. (NOVL) novl shares locked in a 4.3 percent on news fourth-quarter earnings exceeded the Wall Street consensus estimate. Net income for the quarter reached $42 million, or 12 cents a share, up from the year-ago total of $7 million, or 2 cents a share. Analysts expected the network software provider to earn 9 cents a share. Revenue for the quarter was $298 million, up from $269 million in the year-ago quarter. Shares gained 3/4 to 18 1/8.
Desktop software provider Intuit Inc. (INTU) INTU, -1.59% also reported better-than-expected quarterly results. The company posted a pro forma net loss of 45 cents a share in its first quarter, compared with the First Call consensus estimate of a loss of 46 cents a share. Shares fell 1 3/8 to close at 58 1/2.
On a pro forma basis, software company Mediware Information Systems (MEDW) medw posted a first-quarter profit of 13 cents a share. Analysts polled by First Call expected a profit of 12 cents a share. Shares climbed 1/2 to close at 7 1/2.
The Dress Barn Inc. (DBRN) dbrn posted a first-quarter profit of 39 cents a share, 1 cent ahead of the consensus estimate taken by First Call. However, the clothing retailer's earnings missed the year-ago profit of 47 cents a share. Sales for the quarter reached $158.8 million, compared with last year's second-quarter total of $156.2 million. Same-store sales for the quarter dropped 3 percent from last year. The company voiced concern about matching last year's strong holiday figures. Shares closed down 1/16 to 14 3/4.
Discount retailer Mazel Stores (MAZL) mazl posted third-quarter earnings of 12 cents a share. That number beat the consensus estimate by 3 cents a share, according to First Call. Last year, the company posted a third-quarter profit of 17 cents a share. Same-store sales fell 2.7 percent from a year ago. Shares closed flat at 12 1/2.
Negative surprises The Sports Authority TSA, +2.92% strikes out
Shares of The Sports Authority Inc. (TSA) TSA, +2.92% closed up 1 percenton news that the company posted a wider-than-expected third-quarter loss. The net loss was 32 cents a share, vs. analysts' estimate of a loss of 29 cents a share. Sales for the quarter were $367 million, up from the year-ago total of $341 million. Comparable-store sales dropped 4.7 percent year over year. Shares rose 1/16 to 6 5/16.
Puma Technology (PUMA) PUMA, +0.00% posted a pro forma loss of 15 cents a share, excluding a one-time gain. That number missed the consensus estimate by 3 cents a share. Shares of the software company fell 3/16 to close at 3 7/16.
Hormel Foods Corp. (HRL) HRL, -1.10% recorded a fourth-quarter profit of 61 cents a share, missing the consensus estimate by 3 cents. Shares closed down 1/8 at 31 9/16.
For more earnings news, see our and our headline page.


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Meet the artisans: LVMH fires new shot in luxury marketing war
By Astrid Wendlandt
PARIS (Reuters) - LVMH will throw open the doors of its Louis Vuitton workshops and Hennessy cognac cellars at the weekend in the latest salvo of an advertising war among luxury groups to show off the craftsmanship behind their brands.
Starting on Saturday, the world's top luxury group by sales and market value will also offer behind-the-scenes tours of Christian Dior's salons, Guerlain's perfume plant outside Paris and Fendi leather shoe and handbag workshops in Italy.
The initiative, running for the second time after attracting more than 100,000 visitors in 2011, is the brainchild of Antoine Arnault, head of luxury shoe brand Berluti and the son of Bernard Arnault, LVMH's chief executive and founder.
Purveyors of luxury goods have been stepping up their efforts in recent years to portray their goods as "hand-made" in an attempt to justify their high prices and address consumers' growing interest in the origins of the products they buy.
Analysts say the sourcing and manufacture of goods have increasingly become a concern for customers, following a scandal over mislabeled horse meat in Europe and the deaths of more than 1,100 people in April in the collapse of a Bangladeshi textile factory that supplied some Western retailers.
"Sophisticated consumers from emerging markets pay more and more attention to where things are made and how they are made because they want products which are really exclusive and with a level of quality and craftsmanship which justify their high pricing," said Mario Ortelli, luxury goods analyst at Bernstein.
Western brands like Louis Vuitton and Gucci have long exploited that trend, with ad campaigns typically featuring sepia-toned photographs of artisans lovingly stitching bags or shoes.
Now they are going a step further by inviting customers to watch the craftsmen at work. Continued...


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Local student wins award for business idea
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India, June 11 -- Alibaba A.I. Labs, an artificial intelligence research division of Chinese Conglomerate Alibaba Group, has partnered with major automakers Audi AG, Renault SA and Honda Motor Co Ltd, for a smart mobility initiative in China.
A.I. Labs will integrate its smart speaker Tmall Genie Auto into these automakers' specific internet cars in the country. The partnerships were announced at CES Asia 2019 technology trade show in Shanghai.
Tmall Genie Auto solution, which was launch in last April, currently can control over 100 million devices from over 600 smart appliance brands.
The owners of these specially equipped vehicles will soon have access to various voice-controlled information and services. The AI solution enables them t...


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Nu Skin China has offered deep condolences to the family of one of its sales representatives, who recently died.
The hedge fund group Raymond James Financial Services Advisors Inc. bought 28,698 shares of Youngevity stock in the fourth quarter, with an approximate value of $164,000.
Natura & Co is adding a “bankarization” element to the list of perks it offers its beauty consultants.
The Wall Street Journal reported that Natura & Co and Avon are discussing a possible acquisition. After the news was announced on WSJ, Bloomberg, and many other websites, the stock price for Avon Products Inc. increased by 13 percent. The possible merger would potentially give more than 1 million Brazilian beauty consultants access to Avon products.
Health and wellness company Reliv is experiencing a decline in sales.
Youngevity is expected to begin shipping its first CBD Isolate Powder this month.
Avon is partnering with the new British Beauty Council to help support and represent the beauty industry in the U.K.


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Mercedes keeps selling. The 2012 North American International Auto Show
Detroit, Michigan (Photo : Flickr)
Mercedes-Benz sold 97,327 units last month, with a year-to-date total of 750,251, a 5.5-percent increase over last year's figures.
"Despite many upcoming model changes and difficult market conditions in Southern Europe, for the year to date we continue on a path of growth and are well on track to setting a new sales record in 2012 that will get a special boost by our new A-Class, which goes on sale in September," Dr. Joachim Schmidt, sales and marketing executive vice president of Mercedes-Benz Cars, said in a statement. "The gradual introduction of additional new models like the CLS Shooting Brake and the GL-Class will give further momentum to our sales."
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North American year-to-date sales have reached a record high, rising 10.1 percent in Canada and 26 percent in Canada. The 147,905 vehicles sold in the US represent a 13.8-percent increase. July sales in the US were 1.6 percent higher than the previous July, at 19,311 vehicles.
Russia and South Korea also saw record increases, at 24.5 and 8.7 percent respectively. In Japan, Mercedes experienced a 16.8-percent increase last month.
In China, year-to-date sales rose 6.7 percent to a record 113,519 units. July sales were less than in the previous year, at 14,128, but Mercedes attributes this to the unavailability of the B-Class model. The next generation B-Class will hit the Chinese market late this month.
In the loyal German domestic market, Mercedes claims to be the premium brand with the highest number of sales year-to-date. The company saw sales increase 2 percent over last at 149,016 units. While the Western European car market in general is down, the company says it saw slight increases over last year at 176,601 vehicles.


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Foryou is teaming up with Intel to create the next generation of aftermarket and OEM, integrated infotainment systems powered by the chip manufacturer's Atom processors. The low-power, ultra-efficient chipsets are set to render everything from 3D GPS navigation to in-car internet access. Make the jump for the full details.
- Intel and Huizhou Foryou General Electronics signed an agreement in Zhengzhou, China on June 25 to establish a strategic collaboration for in-vehicle Infotainment systems. The two companies will jointly develop In-vehicle Infotainment systems based on Intel's latest platform and technologies.
- The new generation In-vehicle Infotainment systems jointly developed by the two companies will feature leading intelligent applications such as voice control, 3D real-time GPS navigation and Internet access, and support for concurrent applications on multiple screens. Foryou In-vehicle Infotainment products based on Intel® Atom™ platform will target at both the aftermarket and before-market applications.
Zhengzhou, China, June 25, 2011 – Intel and Huizhou Foryou General Electronics Co. Ltd., a leading in-vehicle electronics manufacturer in China, signed a strategic cooperation agreement today in Zhengzhou, one day before the opening of China International Auto-After Market Expo and the 8th China Automobile Appliances (Zhengzhou) Fair. The two companies will establish a strategic collaboration for developing In-Vehicle Infotainment (IVI) systems based on the latest Intel Atom platform and technologies, providing auto travelers with more intelligent, connected and comfortable driving experiences.
Sheeba Bedi, Director of Customer and Market Development of Auto Solutions, Intel Embedded and Communications Group, Sheng Tong, Product Marketing Manager, Intel China Embedded and Sales Group, Zen Renwu, General Manager of Foryou and Chen Zhuo, Chief Engineer of Foryou, attended the press conference and the MOU signing ceremony. Many partners, core resellers and customers of Foryou and Intel witnessed the milestone moment.
"China is the largest auto market in the world and has a dynamic IVI ecosystem," said Sheeba Bedi. "The security, performance and scalability of Intel architecture make it well suited for IVI systems, and allow our automotive customers to provide a safer, and more connected, enjoyable and intelligent in-vehicle experience. Through the in-depth cooperation with Foryou, Intel will provide the auto industry with differentiated solutions to better meet the needs of the IVI market."
As a pioneer of in-vehicle electronics industry in China, Foryou has been at the frontline of the industry with strong R&D capability and brand advantage. "We value the opportunities provided by Intel architecture and software technologies and hope to develop more intelligent and digitalized In-vehicle Infotainment systems through the cooperation with Intel," said Zeng Renwu, General Manager of Foryou. "We will integrate the connected digital life into the auto industry and create more intelligent and connected driving experience, pushing the in-vehicle electronics industry to a new level."
The strategic collaboration between Intel and Foryou is a new milestone for both companies. To Foryou, the collaboration with Intel will enhance its R&D capability and help it launch more intelligent and competitive products based on Intel's advanced technologies and improve and optimize its channel networks. For Intel, the collaboration with Foryou allows it to bring advanced technologies and more compelling IVI systems to the PRC marketplace. Starting from product R&D, Intel will provide Foryou with solution-level support in both software and hardware. Through collaboration with local ecosystem, Intel will work together with its partners to tap the potential of IVI market in China and bring the digital lifestyle into the vehicle.
The new generation In-vehicle Infotainment systems jointly developed by Intel and Foryou will feature various intelligent applications such as voice control, 3D real-time GPS navigation and Internet access, and support for concurrent applications on multiple screens. Foryou In-vehicle Infotainment products based on Intel Atom platform will target at both the aftermarket and before-market applications.
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world's computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.
Huizhou Foryou General Electronics Co. Ltd. is a wholly-owned subsidiary of Foryou Group, one of the TOP 500 Chinese corporations. It mainly engages in the research, development, manufacture and sales of In-vehicle Infotainment system, GPS navigation system, auto safety electronic products. Foryou owns multiple core technologies in in-vehicle video & audio and GPS navigation systems. For more information about Foryou, please visit: http://www.foryouge.com/


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(Reuters) - Wendy's/Arby's Group Inc WEN.N said it will sell a majority stake in its struggling roast beef sandwich chain, Arby's Restaurant Group Inc, to private equity firm Roark Capital Group for about $130 million in cash.
The third-biggest U.S. fast-food restaurant operator has been grappling with rising costs of commodities like beef, bacon, fryer oil and dairy.
In January, the company said it plans to sell its Arby's business to focus on the Wendy's hamburger business.
Roark also committed to invest in Arby's, under certain circumstances, an additional $50 million through 2013 for preferred stock in return.
Wendy's/Arby's will retain 18.5 percent ownership of Arby's valued at about $30 million, it said in a statement.
With the transaction, Wendy's/Arby's Group said it will also get an income tax benefit of about $80 million that the company expects to realize over the next few years.
Roark Capital will also assume about $190 million in debt.
The two fast-food chains were combined in 2008 when billionaire investor Nelson Peltz's Triarc Cos, Arby's then parent, bought Wendy's for $2.2 billion to create the world's third-largest publicly held fast-food chain.
Reporting by Arpita Mukherjee in Bangalore; Editing by Don Sebastian


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Google is scheduled to report third-quarter earnings results after markets close on Thursday. Most analysts continue to expect a strong earnings report, based upon Google’s core business of search-related advertising and an expected growing market share within both search and mobile devices using the Android OS. Google has been under pressure over the last few months, along with the broader market, but its shares have increased about 10 percent since the start of October.
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Id Software has just released two new Rage screenshots. John Carmack stated during QuakeCon that the Xbox 360 version of Rage would look the worst due to the game’s assets needing to be compressed heavily to fit them onto two DVDs.
id Software has announced that it is currently developing the fourth game in the long-running Doom franchise, a series notable for helping define the first-person shooter genre.
Doom 4 will be developed in-house at id. The company has not released an internally-developed game since 2004’s Doom 3; it is currently also working on the Mad Max-esque post-apocalyptic shooter Rage.


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Richmond, Va. — Circuit City said it is negotiating the sale of the company with two “highly motivated and interested parties” who may acquire it outright, buy only parcels of the business, or provide additional financing to support the chain while it restructures.
Short of the sale or an amended credit agreement with its current lenders, Circuit City will begin auctioning off its assets on Jan. 13, and would completely liquidate the business shortly thereafter should the auction fail to generate a sale.
The unnamed investors have substantially completed due diligence and now are in negotiations with Circuit City and its major stakeholders to finalize a transaction, the company said. The identities of the parties are expected to be revealed later today when a motion to sell the business is unsealed in the United States Bankruptcy Court here. The parties could include Mexican billionaire Ricardo Salinas Pliego, a banking, broadcasting and retail tycoon who became the company’s largest shareholder last November after buying up 28.1 percent of Circuit City stock for $41.4 million.
Circuit City said it is optimistic that a transaction can be finalized.
In court papers, the company said that poor holiday sales and the resulting cash-in-advance terms from key vendors have reduced the value of the company’s collateral, which would make a renewal of its credit agreement unlikely and “strangle” its ability to operate. The credit agreement ends on Jan. 16.
Circuit City described the macro-economic conditions facing retailers as “among the worst in history” and said “sluggish” liquidation sales at its 155 newly shuttered stores provided less liquidity than expected. However, company sales trends did improve “significantly” during the last two weeks of December, court documents show.
Click here for TWICE’s complete coverage ofCircuit City.
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Owner and present day outback pioneer, Richard Kinnon, said everyone at Kinnon & Co is delighted to receive this award and to be recognised as leaders in creating great tourism products for outback Queensland.
“We really want Australians and overseas visitors to put outback Queensland on their tourist map,” Richard said.
“The more we can do to create a unique, quality outback experience, the more we can benefit the whole region, which has done it tough in the recent years of drought.
“We want people to associate Queensland with a heritage outback experience as well as with beaches and rainforests.”
For the Kinnon family’s business this award is the latest in a string of tourism awards that have recognised their ingenuity and dedication to tourism excellence.
The Kinnon & Co business started a decade ago to help the family subsidise its grazing business and has grown to become an iconic feature of the Longreach region, welcoming around 25,000 visitors a year to a range of experiences and heritage-inspired accommodation. The Kinnon family is still very much at the heart of it all, sharing their own stories as well as their passion for life on the land and for the pioneers who came before them.
The family’s newest accommodation – the 4-star Pioneer Slab Huts which opened in 2015 and the 4.5 star Homestead Stables, which opened in 2016 – have set a new standard in deluxe accommodation that also tells a story of its region.
“We thank OQTA for its promotion of the region and for showcasing our products through these awards,” Richard Kinnon said.
“It means a lot to us that this award will help attract more people to Longreach where we can share our Australian outback and inspire them to help us preserve its way of life for the future.
“We also congratulate all the other award winners who are helping to make our region a great destination for tourists. The turnout for the awards was amazing, with over 250 guests. It was such a great response.”
More media information or interviews with Richard Kinnon, contact Lani Pauli 0403 831 583 or email@example.com