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As it has promised to do, the Binance cryptocurrency exchange continues to push across the globe. It has launched new fiat-to-crypto exchanges in countries such as Australia, Uganda, Lichtenstein and Jersey and has plans for one in Argentina, as well. Now, it has announced that a new fiat-to-crypto exchange will be launched in Singapore later this month.
Binance CEO Changpeng Zhao announced the launch on his Twitter feed, stating, “#Binance Singapore will come online in April. It will be our next Fiat to Crypto exchange servicing $SGD [Singapore dollar].”
He didn’t go into detail regarding which crypto assets would be supported or the exact launch date, but the move is part of a plan first revealed by Zhao last September that will see fiat-to-crypto exchanges put on virtually every continent. If the exchange in Singapore is similar to that of Jersey and others, Bitcoin Core (BTC) and Ether (ETH) will be supported.
Zhao has also provided an update to the company’s upcoming decentralized exchange (DEX). That exchange began beta testing in February and is expected to go live on the mainnet at some point this month. The exchange will be built on the Binance Chain blockchain and will be similar to the company’s existing centralized exchange. In addition, however, it will provide an option to generate a 34-word seed phrase for private keys and includes a “balances tab” that gives users a quick view of their accounts’ statuses.
In a another announcement by the company, Binance has said that the upcoming Trust Wallet will include a staking feature. “Trust Wallet has been our crypto wallet app of choice for securely sending, receiving, storing, and using cryptocurrencies. Soon, you can also use Trust Wallet to stake crypto. Binance’s official crypto wallet app is preparing a new staking feature, which is set to launch by the end of the second quarter,” explains Binance.
The Trust Wallet will also include support for Tezos and Binance explains that the app is “preparing for the addition of native support for staking in the Tezos on-chain governance mechanism.” The wallet added support for Ripple’s XRP last month and also now allows users to purchase crypto with credit and debit cards.
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.


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The laptop market has undergone major changes in the past few years, and
there's likely to be more confusion in the notebook aisle now than at any other
2 days ago ... Waggle your mouse at the best PCs of 2016. Shares. Best desktop PC .... Plus,
it's still faster than a lot of mini computers on the market, and ...
Our top picks show off the best tech advances in portable PCs, from new CPUs
and GPUs to new materials.
Aug 2, 2016 ... The very best desktop PCs around, from all-in-ones to budget gaming to high-
end custom rigs - now with Windows 10.
Looking for the Best computer? Consumer Reports has honest Ratings and
Reviews on computers from the unbiased experts you can trust.
Jul 29, 2016 ... Our experts have reviewed the best home computers for 2016. ... entry point for a
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Aug 5, 2016 ... Looking for the best and cheapest gaming pc? We have expert reviews and
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The best desktop on the market for power users and those who want a .... This is
the first PC in our ratings to run Windows (8.1 at the time of writing); as such, ...
Jul 12, 2016 ... Here are the best all-in-one computers available now. We pick top PCs for
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Looking for a gaming PC? Here are the best gaming desktops by category (GPU-
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Ian Foley joins expanding executive team as the company prepares for exponential growth
SAN FRANCISCO, Calif. — November 19, 2020 — Credit Sesame today announced the addition of Ian Foley to its leadership team as the company’s first head of corporate development. Foley brings more than 20 years of experience in building and selling fintech startups and managing complex strategic partnerships. In this role, Foley will support Credit Sesame’s rapid expansion by identifying strategic partners with customer scale that complement the evolving needs of consumers and selectively acquiring firms that can help expedite the company’s speed to market.
“Credit Sesame is one of few fintechs with massive scale and a profitable business model,” said Foley. “Our holistic platform is well-positioned to be the category leader in the financial wellness market, and I’m looking forward to spearheading strategic partnerships and opportunities to help accelerate that growth.”
Credit Sesame is on a rapid growth trajectory, with more than 15 million members and 400,000 digital bank accounts opened. The company recently acquired Canadian neobank STACK, which marked the beginning of its international expansion. The integration of STACK’s banking capabilities has also expedited the release of new digital banking features aimed at helping customers manage their entire financial picture. Insights into customers’ credit and cashflow will also help better match them with credit and loan products from Credit Sesame’s large base of financial partners.
“Credit Sesame is on an aggressive path to become the category leader in financial wellness,” said Adrian Nazari, CEO and founder, Credit Sesame. “Ian brings valuable experience in identifying the right partners to help us expedite that growth while prioritizing the needs of our customers.”
Foley is a seasoned entrepreneur, venture capitalist, and investment banker leading mid-market transactions. He served as CEO and founder of acuteIQ, a fintech startup sold to a private equity firm and awarded by SAP as the “Most Innovative” solution in Enterprise Software and AI. He also led the sales and business development teams at three other technology startups with successful exits, including YuMe, which went public in 2013. Additionally, Foley is a venture investor in eight companies, four of which have been acquired.
Credit Sesame has been operationally profitable since 2016, and the company has a proven track record: 61 percent of Credit Sesame members have seen their credit score improve within the first six months of using the platform — 50 percent have seen their credit score improve by more than ten points in their first six months, and 20 percent have seen their credit score improve more than 50 points in their first six months.
To learn more about Credit Sesame, visit creditsesame.com.
About Credit Sesame
Credit Sesame’s mission is to help consumers work toward financial stability and ultimately create better opportunities for themselves and their families. Strong credit health is inextricably linked to financial health and stability, and with the launch of Sesame Cash, Credit Sesame will help consumers manage both. Credit Sesame has helped millions of consumers improve their credit scores, increase their approval odds, lower the cost of credit and save money. Credit Sesame is funded by leading venture capital firms and strategic investors, including Menlo Ventures, Inventus Capital, Globespan Capital, IA Capital Groups, NortonLifeLock, Capital One Ventures, Stanford University, and ATW Partners, among others. Credit Sesame currently operates in the U.S. and Canada. For more information on Credit Sesame, visit www.creditsesame.com and follow on Facebook, Twitter and LinkedIn.


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Xiaomi is back under spotlight and for wrong reasons. It all started when a report from Sunday Standard revealed that Indian Air Force has cautioned its personnel and their family member against using a Xiaomi device, citing data security concerns.
Similar concerns surfaced couple of months back when Hugo Barra, The face of Xiaomi outside China, explained how Mi-Cloud works, how every bit of data is encrypted and deleted after it’s no longer required. Xiaomi also introduced option to disable Mi Cloud via OTA update.
The new IAF circular however states that, “F-secure, a leading security solution company, recently carried out a test of Xiaomi Redmi 1s, the company’s budget smartphone, and found that the phone was forwarding carrier name, phone number, IMEI (the device identifier) plus numbers from address book and text messages back to Beijing,”
The same F-Secure earlier acknowledged that Xiaomi has fixed the issue after the update, but this hasn’t been mentioned in IAF circular. Xiaomi is however quite serious about its reputation and to solve this issue once and for all, company is migrating all data from China to International servers, based in California.
“In early 2014, we kicked off a massive internal effort to expand our server infrastructure globally in order to better serve Mi fans everywhere… Our primary goal in moving to a multi-site server architecture was to improve the performance of our services for Mi fans around the world, cut down latency and reduce failure rates. At the same time, it also better equips us to maintain high privacy standards and comply with local data protection regulations.” Explained Hugo Barra.
Migration will take place in 3 phases, namely E-commerce migration, MIUI services migration and local data centers. Data will be moved to Amazon servers based in California and the transition will be completed by the end of this year.
“This migration process will be completed by the end of October and will benefit users in all of our international markets — Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, and Taiwan. Users are already experiencing website speed boosts of at least 30% in markets such as Singapore, Hong Kong, Taiwan and as much as 200% in India.” Said Hugo Barra regarding E-Commerce Migration.
According to Chinese Law, Chinese government can access any data stored on Chinese servers. So IAF isn’t completely out of place in addressing these concerns. However, users also have the option to keep their data private if it’s important to them. Moving the servers away from china will make user privacy more concrete, but there is no reason to press the panic button just yet.


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Last year, Team MissMalini had celebrated Holi with Esha Deol and her husband Bharat Takhtani at their party. From Alia Bhatt, Varun Dhawan, Sidharth Malhotra and Ayan Mukerji to several popular faces of television, we were accompanied by many at the do. But lovebirds Esha and Bharat grabbed everyone’s eyeballs at this star-studded event, because that’s how adorable they are together! We couldn’t stop awwing at the couple. The duo has been away from the scene for a while now. So I was pleasantly surprised when I came across this recent picture of their trip to Melbourne. They were present there to showcase the latest collection by designer Kiran Lally. Here’s a super sweet photo of the cuties.
View this post on Instagram
Esha Deol shares a beautiful pic with Hubby #Bharattakhani from Melbourne !! Esha Deol is in Melbourne to showcase latest collection by Designer Kiran Lally. She will be walking the ramp as a Showstopper for Kiran Lally's Couture Mantra Showcase on 5th June 2016. #instabollywood #instantbollywood #EshaDeol #KiranLally #Fashionstyle #Rampwalk #Showstopper #MelbourneFashion #Couture #Mantra #Runway #Showstopper #fashion #Australia #India Stay tuned for latest pics from the Fashion Show which will held on Sunday. @BOLLYWOODREPORT 💕💕!!


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If you like the looks of that Hyundai Santa Cruz concept truck, you will be glad to hear this. Hyundai has announced that a truck based on that concept will come to dealerships in the US. This is good news for fans of smaller trucks wanting more options in the segment. Granted, the Hyundai truck isn’t expected to be a “real” truck with lots of hauling or towing capacity.
The move comes as more and more Americans eschew cars in favor of SUVs and trucks. Hyundai does ok on the SUV front, but it has nothing currently to offer truck shoppers. Hyundai figures that your typical mid-size truck is more than most buyers need.
The Hyundai offering will be about utility and style more than off-roading, towing, or hauling capacity. I hope it has at least some towing capacity, a truck that can’t even haul a small camper or a couple dirt bikes would be pretty worthless to most.


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Armenian fixed and mobile operator ArmenTel has launched a new GPRS service for post-paid users. GPRS-Packet includes the company’s GPRS-Internet and GPRS-WAP applications and can be activated for a monthly fee of AMD360 (USD1) per month. Users pay an additional amount based on the volume of data sent and received.
The cellco has also introduced a new pre-paid tariff plan dubbed ‘Summer nights’ which allows GSM customers to talk to their friends and relatives or send texts during off-peak times (24:00 to 8:00) for AMD3. Users must activate a new mini-Easy card to use the service.


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Early in 2018, Amazon launched a handful of shops with the initiative ‘Amazon Go’, where customers can take their items and walk out; nothing else is required.
Whilst in the past, the high street may have felt threatened by internet retail giants overshadowing their physical stores; interestingly now, internet retail has now joined the high street. Amazon has landed on the streets of America, with the aim to crack the UK, bringing with it a whole new retail experience.
With their new initiative called ‘Amazon Go’, Amazon’s new offering works by only allowing customers to enter their store with the Amazon Go app on their phone. Customers can then browse the store at their leisure, take what they need and then leave, without ever needing to put their hands in their pocket.
The app uses similar technology to self-driving cars, sensor fusion and deep learning. It automatically detects when items are taken out of the store or if they’re returned to the shelves. It keeps track of all the items brought in a virtual cart and shortly after the customer has left the store they will receive a receipt and the bill will be charged to their Amazon account.
Not all smooth shopping
Of course, the concept doesn’t come without setbacks and despite saving money on not using checkout staff, Amazon is currently needing to place staff in areas which wouldn’t usually be manned at supermarkets. For example, assistants are used at the alcohol section of the stores to ensure all customers are of a legal drinking age and the front doors of the store are currently manned by numerous guards to ensure customers have the required app.
Customers have also reported that they have walked out of the stores with items that they haven’t been charged for, although the Amazon Go vice president Gianna Puerini stated that incidents of that nature “happen so rarely we didn’t even bother building in a feature for customers to tell us it happened.”
Is this the future of high street retail?
For the high street to remain and flourish in this digital age, they need to adapt and ensure they’re not using outdated payment methods. Whilst this doesn’t mean to say that all bricks and mortar stores should work to adopt a similar methodology to Amazon Go, it’s certainly something to be aware of, along with other technological breakthroughs down the line.
At Commercial Insurance Services we are always keen to talk through your ideas for the future and plans for growth, no matter how ambitious. Our role is to ensure that your business is protected along the way for any unexpected events on the way. To talk to one of our team, call 01737 373222.
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Ah, at last something interesting:
In September, Apple will release new changes to Safari with iOS 11 called “Intelligent Tracking Prevention.” These changes will have large effects on the ad tech industry and create new winners and losers.
In short, the iOS 11 changes will really help the big guys, are neutral to the small guys and significantly hurt the mid-size guys.
Hmmm… Not sure that this will be a boon to the world (c.f. the stuff about helping the big guys). I’ll continue to use my own protective measures.


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// One of Bonmarche’s major shareholders, Artemis Investment Management, sells stake
// It held a stake of over 12% in Bonmarche
// Philip Day now on track to take Bonmarche private
Philip Day is now on track to delist Bonmarche and make it private after the retailer’s last major shareholder sold its stake in the company.
Artemis Investment Management held a stake of over 12 per cent in Bonmarche.
The sale puts Day’s holding company, Spectre Holdings, above the required 75 per cent threshold to take the retailer private.
The Edinburgh Woollen Mill owner had made a £5.7 million, or 11.4p-a-share, takeover offer for Bonmarche in early April.
Day had bought extra shares that increased his stake in the retailer to over 50 per cent – which prompted a mandatory takeover bid as per City rules.
Bonmarche initially rejected Spectre’s offer but in June, it did a u-turn and said it seemed “more attractive” after a period of poor trading in the first quarter.
Spectre then placed a July 12 deadline on its takeover offer.
Spectre now owns around 83 per cent of the company and will likely move to de-list it once the offer closes this week.
Under current rules, it would take 25 days and a shareholder vote for the company to de-list.
However, if more Bonmarche investors sell out to Spectre this week and push its holding above 90 per cent, the process could take 14 days.
Shares in Bonmarche were trading 5.8 per cent lower at 11.07p on Wednesday afternoon.


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Traders Fair Vietnam 2023: Hanoi
02 February 2023
We have a wonderfull news: Traders Fair Vietnam creates a unique opportunity for learning and growth on Jun 24 at InterContinental Hanoi.
Back to blog
Get the chance to meet global industry leaders from around the world: trading experts, brokers, industry leaders, and many others.


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With readily available HD content all over the internet these days Blu-ray news is rather sparse. Well, Blu-ray Disc Association is making waves with the announcement of Ultra HD Blu-ray even though internet streaming giants YouTube, Amazon and Netflix have been offering 4K content for a while now. [Read more…]
Microsoft announced today that soon U.S. and Canadian residents will be able to add a over-the-air TV tuner to the list of programming services available on the Xbox One. This means access to broadcast networks like CBS, FOX, NBC and PBS will be available on the Xbox One for free [Read more…]
When Apple announced that HBO Now would be coming exclusively to the Apple TV this spring, Apple promised that it would be available in time for the start of Game of Thrones season five.
Apple and HBO delivered with the official launch of HBO Now today, ahead of Sunday’s premiere of the new season of Game of Thrones.
Apple TV owners can access HBO Now by paying a $14.99 per month fee after a free 30-day trial.
The Apple TV also received a price drop to $69.99 at the event last month. You can find the Apple TV here on Amazon.
Amazon is bringing a free software update to the Fire TV Stick and the standard Fire TV that adds the ability to connect to pesky captive portal hotel Wi-Fi networks, which force you to a dedicated web page for authentication before being able to use the network.
As a result, the compact size and newfound flexibility of the Fire TV Stick will make traveling with it will be a no-brainer with easy access to Netflix, Amazon Prime Video, HBO Go, Hulu, Pandora, Watch ESPN and a myriad of other apps.
The standard Fire TV box will get the same capability, as well as support for USB storage and wireless Bluetooth headphone support.
The $39 Fire TV Stick and $99 Fire TV are both available direct from Amazon.com.
According to a report by The Wall Street Journal, Apple is working on the release of a subscription-based streaming TV service to be released this fall. The service would be a direct competitor to cable companies and features ABC, CBS, Fox, ESPN, Fx and other networks for around $30-$40 per month.
This news comes hot on the heels of Apple’s recent announcement of an exclusive grab to HBO’s new standalone streaming service, HBO Now. Notably absent from the rumored channel lineup are NBC networks, which is owned by Comcast. With Comcast holding the keys to the Internet, this could get messy – especially when take into account the ridiculous Comcast bandwidth allotment. New media has a major bottleneck that needs to be freed.
We could hear something official from Apple as early as June at the Worldwide Developers Conference with a launch of the service slated for September.


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An entrepreneurial academic from the University of Manchester has created a prototype product, enhanced with the wonder material graphene, which could help to recycle tonnes of unwanted tyres.
The hexagon-shaped SpaceMat™ can interlock to cover any desired floor area and have been designed especially for anti-fatigue or anti-slip applications in workplaces, gyms and other buildings.
The product has been developed by newly-created company SpaceBlue Ltd, which aims to recycle waste tyres by converting them into attractive and extremely hardwearing floor mats. Waste tyres can cause a significant impact on the environment - many are exported to developing nations where they are destroyed by burning.
From low value waste to high value product
The recycled rubber in the floor mats has also been enhanced with tiny amounts of the ‘wonder material’ graphene, which provides extra durability and strength.
“The intention of SpaceBlue is to enhance the physical properties of recycled rubber waste that has come from discarded vehicle tyres or footwear - and convert this material into a high-value product,” the inventor Dr Vivek Koncherry explained.
“It all began when I first read newspaper reports that several thousand tonnes of waste UK tyres are being shipped abroad each year for disposal. I thought that needs to change and I became determined to find a much more sustainable way of using this end-of-life product.
“SpaceMat™ is made of up to 80 per cent recycled rubber plus 20 per cent of graphene-enhanced natural rubber. Floor mats undergo compression and a fundamental study had shown that by adding graphene into the rubber it can double the compression strength - and this in turn increases durability.”
Prototypes were revealed at a graphene industry showcase at the University of Manchester’s Graphene Engineering Innovation Centre (GEIC) earlier in December.
“Vivek’s vision to support a more sustainable society by creating a better performing product through the use of graphene is really exciting and has already generated interest,” said James Baker, chief executive of Graphene@Manchester.
“We’re looking forward to collaborating with SpaceBlue via our ‘Bridging the Gap’ programme which will further support the development of the mats.”
Posted under Public / Government / Charity, Waste and Recycling and Other Manufacturing on 18 December 2019


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After raving on Twitter for some time now, Umbrellab has finally revealed its bitcoin ATM destined to be the first for Dubai. A YouTube video post provides specific information on how the ATM functions.
Umbrellab is a software integration service provider. The company’s ATM is not yet ready for public use, but is destined to be Dubai’s first bitcoin ATM.
The verification process requires a user to input their mobile phone number, and allows for a daily limit of $500, which equates to 2,000 Durhams or approximately 1 BTC – by today’s market.
The machine is demonstrated in the video by Umbrellab’s co-founder, Tarik Kaddoumi. After putting in his cell number, the kiosk shows Kaddoumi the current exchange rate of bitcoin.
Similar to most bitcoin ATM styles, fiat currency can be fed into the machine. Kaddoumi inserts 100 Durhams, equivalent to $30, into the machine and taps verify to ‘OK’ the transaction. A few seconds later, he receives a receipt and a text verification that notifies him that there was account activity. A few more seconds later, the money arrives into his digital wallet.
This is a necessary safety measure, which takes a step in securing bitcoin transactions. It is a great way to identify if someone is attempting to steel bitcoins using one’s account information.
After performing a single transaction, a user’s phone becomes linked to their digital wallet address for convenience. Simplicity and efficiency are major selling points that can help the Dubai bitcoin community become more active in the digital coin realm. A location has not yet been announced as to where the ATM will be sanctioned, but Umbrellab will definitely find a populated area that can help it promote bitcoin awareness.
Japan’s First BTC ATM
In similar news, Japanese import company Raimu, looks to bring a line of bitcoin ATM’s to the land of the rising sun. Currently, the company has installed Japan’s first ever bitcoin ATM in Suzuka City. The investment in Japan’s first bitcoin ATM happens to be Raimu’s first bitcoin-related venture.
The new machine will allow Japanese residents to buy and sell bitcoins. All transactions will be denominated in the country’s local currency, and offer users paper receipts, just like Umbrellab’s model.
For more bitcoin news, stay tuned to CoinReport.


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I'm not a big buyer of dangly earrings or silver-and-turquoise cuffs, but I have to admit: the new video "house party" software from Kitsy Lane, a Boston-based e-commerce startup, is a lot of fun. Instead of lining up a babysitter and visiting a friend's house to nibble cheese and crackers and try on costume jewelry, you sign on for a group videochat. The new vParty software is part of a recently-launched site from Kitsy Lane called Chelsea Row that focuses on selling jewelry and accessories online, through in-person "trunk shows" and the new live video events.
Read MorePedal powerFirst electric bike shop opens its doors in South Boston
With the extended Haystack parking app nightmare ending with the City of Boston banning the app, you’d think other parking app innovators would wait a bit before launching their products.
Well, two new apps think it's time to strike while the iron is hot. Read MoreMother of InventionThe breast pump hackathon cometh
Necessity being the mother of invention, inventive mothers and others will gather at MIT's Media Lab soon to (design and) build a better breast pump. The Breast Pump Hackathon happens September 20-21. Read More
Launch Angels announced that its Where Fund, made of former Where Inc. employees, has taken part in Washington, D.C.-based Talklocal, which connects customers searching for products and services online with local businesses in real-time via phone. Read MoreWar machineiRobot wins $9.6 million Canadian defense contract
Boston-based content marketing platform Skyword announced today that it has both, acquired online video software and freelance marketplace Vidaao, and added $11 million in funding from Cox Media Group. Read More
From wailing fire engines to the piercing shrill of smoke alarms, sounds are often the first to warn us of trouble. OtoSense, a new app in the Google Play store, aims to recognize and translate these sounds and others for people with hearing loss, converting them into vibrations, flashes, and other cues that they can see or feel.
Read MorePersonalized careMobile health app Wellframe raises $8.5 million led by DFJ
Five months after announcing its seed funding, Boston startup Wellframe said it has raised an $8.5 million Series A round to expand its mobile software, which helps patients stay on a recovery path after returning home from the hospital.
At last night's Re/code media event, Code/Media Series:New York, one of the featured speakers was Meridith Valiando Rojas of DigiTour. Valiando Rojas introduced me, and many in the room, to the the new world of Internet stardom.
One of the computer-age celebrities that the DigiTour founder discussed during her talk with Re/code's Peter Kafka was someone named Lohanthony. Read More
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Ridley Road Market traders say there is a “complete lack of faith” in a proposed £1.5 million council investment that would give them waterproof stalls, WiFi and handheld card reader machines.
Hackney Council and East London Lines reported that in 2018, the market based in Dalston, Hackney was to be the subject of a redevelopment project pledged by the council and Mayor of London Sadiq Khan.
The council said the investment would introduce better public spaces and footpaths, new traffic and parking restrictions to help traders set up stalls and that they would “protect and improve the market, while retaining its unique character, history and culture”.
Since then, traders at the market have grown unhappy at the lack of progress in the investment and have found working conditions are becoming increasingly difficult due to trader fees increasing.
Ghulam Babar, 49 who has held a stall selling clothing at Ridley Road Market since 2016 said that the traders “no longer believe it is happening,” as they have not received any of the proposed upgrades.
“I’ve found they have only spent money on new uniforms for market officers and they have put in a new gate at the top [of the market]. We’ve heard they’re going to spend £1.5 million, but we haven’t seen it” he said.
Babar also said that there is a gap in communication between the market traders and the council which is causing issues. “If they don’t listen to the traders, they cannot improve the market” he said.
Hackney Council told Eastlondonlines that they have consulted with all traders for over six weeks on any changes made within the market and are currently consulting the local community in Dalston on a new “Dalston Plan”. This is with the intention of protecting green spaces and supporting existing businesses and market traders. They also said there is a newsletter keeping traders up to date with news, training and opportunities.
Larry Julian, 67 who is chairman of the Ridley Road Market Traders Association and has worked at the market as a trader for more than 50 years, said there is no sight of an investment from the council. He said the main issue facing the traders is actually the increase in fees and changes to the terms and conditions.
Julian said that pitch fees are increasing by £10-12 a week from April 1, alongside a rise in storage costs by 100 percent. Traders will now be charged £50 per week to store their products. He said this is the result of the council failing to fill empty pitches within the market.
“There’s 40 empty pitches at this market and it isn’t our responsibility to let it. You talk about the market losing money, a lot of it is at the fault of the council. The horrible thing about it is they’re making the traders subsidise that” he said.
Hackney Council have disputed this claim and said that trader fees have not changed at the market or risen with inflation since 2016 and that storage costs are cheaper than similar facilities in Dalston.
They told Eastlondonlines that increased annual costs of over £100,000 for waste, storage and maintenance has led them to propose a small fee increase of between £2 and £3 a day to cover this.
Julian also said that the “51 percent rule”, which means market traders must be at their stalls for at least 51 percent of the day, is making working standards difficult and that the council is not taking into consideration that traders have to arrive earlier to set up their stalls.
However, according to Hackney Council’s website the rule is not new and was in place before the current set of terms and conditions were applied to Ridley Road Market. They also said that it is lower than comparable boroughs. “It is there to make sure pitches are occupied when people are shopping” the council said.
Councillor Guy Nicholson, Hackney Council Cabinet Member for Planning, Culture and Inclusive Economy said that the investment is still going ahead. “The council is actively promoting the market to new customers and traders. Last year the market grew by 3 percent which represents a total of an additional 850 pitches occupied. I challenge any other street market in London to match that kind of growth” he said.
The regeneration project was first announced by Hackney Council after their “Dalston Conversation” initiative began, in which they invited members of the local community to have their say on what needed doing in the borough. Protecting the heritage of the market was one of the main issues raised by the community.
As recently as February this year, the council announced they will be running workshops with traders and local people on the design and improvements of public spaces.


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Last week saw the early (and totally unsurprising) reveal of Medal of Honor 2 - officially titled Medal of Honor: Warfighter - and Electronic Arts quickly offered an official spin on the announcement with some Medal of Honor: Warfighter artwork.
We knew a sequel was in development for quite a while, with EA talking up plans to alternate annualized releases between the rebooted Medal of Honor franchise and DICE's Battlefield games, and Battlefield 3 even came with a tease in its retail packaging. The full unveiling of Warfighter comes March 7th during GDC in San Francisco (we'll be there!) where Danger Close Games and DICE are holding a special event but we do have a few more details about what the game will not include.
Since before the game was officially announced, we've wondered what EA and Danger Close would attempt to do with Medal of Honor: Warfighter. With the latest Call of Duty games still controlling the lion's share of the FPS online crowd - and another game on the way - what would Medal of Honor 2 do to differentiate from those games as well as EA's own Battlefield 3, a game whose fans are clamoring for more content.
Part of what the new MoH will offer could be a variety of new co-op modes as reported yesterday but we'll have to wait another week to be sure. What we do know from OXM's reveal of the game is that it won't feature any missions related to the Osama Bin Laden takedown which earned the world's attention last year, when Navy SEALs successfully invaded his Pakistan hideout. Producer Greg Goodrich explains why:
"That's not our story to tell... That's 'family business' to [the Tier 1 Operators]. It's been an interesting exercise learning what's okay and what's not okay [to portray in the game]."
A selling point for Medal of Honor was its sense of realism and how it follows Tier 1 operators of a Navy SEAL squad, thanks to what the developer learned by consulting members of the United States military. Unfortunately, it's story ended up not being that memorable and like Battlefield 3 didn't earn the best critical response. So, if the focus continues on the multiplayer front, we truly need something unique and innovative from Danger Close Games here, since they're handling both the campaign and multiplayer features in-house this time around without the help of DICE.
We can at least be happy that Danger Close Games and EA won't be using bin Laden as a marketing stunt to sell the game and instead, it'll have to work on its own gameplay merits and original story.
Medal of Honor: Warfighter releases in October, likely for PC, PS3, Xbox 360 and potentially, the Wii U.
Follow me on Twitter @rob_keyes.


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India’s antitrust watchdog has fined 14 automakers a total of US$420 million for restricting competition in the spare parts market and driving up prices, an official said yesterday, a few days after Chinese regulators took similar action.
The Competition Commission of India found domestic automakers and local units of global vehicle manufacturers guilty of “anticompetitive conduct” by restricting the number of spare parts.
The commission said their actions had made parts costlier than necessary for about 20 million Indian consumers, with some markups as high as 4,800 percent.
Among the global companies fined were Toyota Motor Corp, Nissan Motor Corp, Honda Motor Co, Volkswagen GmbH, BMW AG, Daimler AG division Mercedes-Benz, Ford Motor Co and General Motors Co. Local companies fined included Maruti Suzuki India Ltd, Hindustan Motors and Tata Motors Ltd.
Last week, China fined 10 Japanese auto parts firms a total of more than US$201 million for price-fixing, reportedly the biggest-ever among such penalties, as part of the country’s anti-monopoly drive.
The Indian fines come as other market regulators increase their scrutiny and crack down on suspect practices amid public anger over what is seen to be widespread corruption.
The competition commission opened its investigation two years ago after it was informed about a shortage of spare parts in India, the world’s sixth-largest auto market.
“The 14 car companies were found to be indulging in practices resulting in denial of market access to independent repairers, as the latter were not provided access to branded spare parts,” the commission said.
“The fines total 25.5 billion rupees [US$420 million],” said the commission official, who asked not to be named.
The Indian fine levied on each automaker represents 2 percent of the affected company’s three-year revenue average and must be paid within 60 days.
From the customer’s perspective, car rental is a straightforward business. The only uncertainty is whether the hire company will charge you for the scratch they discover when you hand back the vehicle. Hertz Global Holdings Inc’s bankruptcy protection filing on Friday last week was a reminder that today even the simplest business models are underpinned by a lot more financial complexity than meets the eye. The proximate cause of Hertz’s demise was of course the sudden collapse in bookings caused by COVID-19 travel restrictions. The company’s monthly revenue last month fell 73 percent year-on-year, a shortfall that even the most resilient
Uber Technologies Inc, Lyft Inc and Airbnb Inc have slashed thousands of jobs. Salesforce.com Inc and Visa Inc are letting employees work remotely for months; Twitter Inc and Square Inc are allowing them to do so for good. For the companies’ hometown of San Francisco, the moves are early signs of a dire blow. In a city with a long history of booms, busts and natural calamities, the COVID-19 pandemic has suddenly upended nearly a decade of prosperity. While municipalities across the US are grappling with economic fallout from the virus, San Francisco stands to take a deeper hit given its high
BULK PURCHASE: The French chain and Hong Kong-based Dairy Farm International reached a deal covering 224 stores, which is expected to be finalized by year’s end Carrefour SA yesterday announced it would acquire Wellcome Taiwan Co (惠康百貨) for 97 million euros (US$108.33 million), and bring all the Wellcome supermarkets (頂好超市) and Jasons Market Place stores nationwide under its banner within 12 months of the deal closing. The France-based hypermarket chain reached an agreement with Hong Kong-based Dairy Farm International Holdings (牛奶國際控股), the pan-Asian retailer that launched Wellcome Taiwan in 1987. The transaction involves 199 Wellcome supermarkets, which have average sales areas of 420m2 and 25 high-end Jasons Market Place stores, which have an average sales area of 820m2, as well as a warehouse in Taoyuan, Carrefour Taiwan (家樂福)
‘ONE-STOP SHOP’: A Miaoli official said that the factory in the Jhunan section of the Hsinchu Science Park would create more than 1,000 jobs and boost prosperity A new high-end IC packaging and testing plant planned by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in Miaoli County is expected to start operations in the middle of next year, Miaoli County Commissioner Hsu Yao-chang (徐耀昌) said. Hsu wrote on Facebook that TSMC, the world’s largest pure wafer foundry operator, would invest NT$303.2 billion (US$10.1 billion) to build the plant, the largest-ever single investment in Taiwan. However, TSMC declined to disclose the financial terms of the deal, while a company board meeting on May 12 approved a spending plan worth NT$168.2 billion as part of its investment plans. Construction of the


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Some gamers are speculating over the PlayStation 5 launching sooner than expected.
According to Engadget, an online job listing mentions a new hire helping with the launch of the next-gen console for October 2020.
However, Sony told Japanese gaming publication Famitsu that the date was an "error" introduced by the recruiting site. It's not clear where the recruiter would have obtained the October claim from, though.
Sony still has not committed to a more definitive launch window for the PlayStation 5 than "holiday 2020." They typically have chosen to debut its flagship consoles in November during the holiday shopping season.
Some online speculation centered if Sony was thinking about moving up the launch to take advantage of the increase use of game consoles due to people staying at home during the coronavirus pandemic.
While they are keeping the launch date under wraps, Sony has released some of the hardware specifications for the PS5.
According to the Verge, the next-gen console will feature a custom eight-core AMD Zen 2 CPU at 3.5GHz. The system will also have 16GB of GDDR6 RAM.
Sony has promised the PS5 will offer super-fast loading times in gameplay. A Eurogamer demo showed Spider-Man loading levels in less than a second on the PS5, compared to the roughly eight seconds it took on a PS4.
Sony is also promising the hardware will be able to support 8K gaming.


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* This is affiliated with Bloomberg Quint Brand Studio
Two months after 2022, the magnitude collapsed on the world stage. I hope peace will spread soon, but there is one thing for sure. The complete transition to digital is being realized on a large scale not only in virtual real estate but also in digital marketplaces. alias Metaverse. In addition to the constant excellence of cryptography and the growth of non-fungible tokens (NFTs), the 2022 landscape of virtual markets, digital assets, and how to interact with others is radically different from the past.
NFTs are rapidly becoming the most visible flag bearers of this change. In 2021, the global NFT market saw more than $ 23 billion in trading volume, but by 2020, that number was only $ 250 million worth of trading. The growth was tremendous. When WazirX launched the NFT Marketplace, 15,000 artists and creators applied for participation in the platform even before it was launched. To date, superstar Amitabh Bachchan has become the first Indian public figure to develop his own NFT collection.
As NFTs become more and more powerful, the key NFT trends to note in 2022 are:
The surge in NFTs in the art world has inevitably sparked a debate about what makes art valuable, the nature of ownership, and perhaps most importantly, what to expect after 2022. rice field.
The appeal of digital art resurfaced when digital artist Beeple’s Everyday: The First 5000 Days was sold as an NFT for a record $ 69 million. This is because, for the first time in history, NFTs allow the source and ownership of digital data to be validated and tracked using blockchain technology.
Buying and selling fragmented NFTs of real-world artwork by prominent painters seems to be a trend in 2022, with fragmented NFTs allowing you to invest in high-value crypto assets at a fraction of the cost. Will be.
Indian artists are also attracting attention in the NFT art scene. In February 2022, artist Gobardhan Ash held the first NFT auction in Japan. More and more art fans and investors are beginning to look carefully at the $ 50 billion industry / opportunity this year.
2. Jump into the Metaverse
In 2021, games were considered the second most important area of NFT development. NFT is a blockchain-based Play-to-Earn game that rewards players with in-game assets, as gamers are the first to actually own the assets and have the potential to sell them. Opened up a new era of. NFT Marketplace for Profit.
Leveraging both NFTs and cryptocurrencies, Axie Infinity was one of the most popular games in 2021. Axie’s NFT market volume has exceeded $ 1 billion and the number of active players per day has exceeded 1 million. Axie also tokenized the character, requiring players to purchase at least three Axie NFTs before starting play.
With a gaming population of over 300 million and one of the largest crypto markets in the world, it’s only a matter of time before you witness the NFT gaming revolution in India.
3. Raise the funding bar
Wherever there are mind-boggling amounts, large investors, and valuable items to get, there is always room for charity. Financing has emerged as a necessary outcome of NFTs as the world agrees on the benefits of tokenization.
Designing NFTs using smart contracts and automatically donating to legitimate purposes on a transaction-by-transaction basis opens up even more charitable opportunities. Blockchain technology protects NFTs and smart contract algorithms by providing a transparent, publicly traceable database that ensures that funds reach selected charities. In addition, crypto-based charitable payments have low transaction fees and there are almost immediate refunds.
4. Social community
Have you seen a surge in Instagram and Twitter profile pictures lately as a variation of funky expressions for monkeys, giraffes, or animals? You can also choke one of them on the mainstream NFT.
In January 2022, Twitter announced that users could now exchange their profile pictures as NFTs, but Meta got into the tide almost immediately. To overcome the “right-click and save” problem, social media companies have devised some badge to distinguish between uploaded photos and validated NFTs in the user’s crypto wallet.
It also created an exclusive Metaverse social club and community where owning an NFT of the same artist is a common denominator. Shiboshis Social Club, a private club exclusively for Shiboshi NFT owners, is a metaverse social club with over 10,000 NFTs. Other NFT collections, such as the Bored Ape Yacht Club (BAYC), bring social benefits to members. NFTs drive future social events.
5. Confuse the industry
Due to the key NFT capabilities of tangible asset tokenization, there are many traditional industries that will face major blockchain turmoil in the near future.
Music and film are two of the largest industries advertised in makeovers from the influence of NFTs. Listeners will be able to stop by, respond to, and release their music within the Metaverse and across the Metaverse platform. NFTs on the blockchain reward viewers with benefits such as initial releases and bonus tracks.
Streaming, on the other hand, has dramatically transformed content delivery in both show business and music. NFTs have opened a whole new channel in markets, commodities, crowdfunding film and television projects.


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Out of 100 Sears stores that did not profit last quarter, 72 are joining the 103 Kmarts and other Sears locations that are closing soon.
Sears lost nearly half of a billion dollars in the first quarter of 2018 and quarterly revenue has nearly been cut in half over the past year. Approximately 70% of the decline is due to closing stores.
Competing with online retailers is not the only thing that analysts believe has been hurting Sears. They also think that Sears has not been updating their merchandise and services to meet the needs of the evolving consumer base.
Despite attempting to change up their retail branding and blending online with brick-and-mortar in smaller stores that are experience based, Sears may only have remaining value in the land and buildings they own.
What we will likely see next is more big store closures and the sale of those buildings and spaces to entertainment based ventures.
What do you think?


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Just about anything with President-elect Obama's name on it is worth money these days, especially if he wrote it himself.
Following Obama's election last week as the first African-American president, entrepreneurs are offering all sorts of items bearing his autograph. Caution: Some of the books, balls and magazines for sale online will be the work of forgers.
And appraisers aren't experienced yet in separating out the real Obama from the fake, said Daniel Weinberg, who sells historical documents and signatures at the Abraham Lincoln Book Shop, 357 W. Chicago Ave.
Right now, an authentic Obama signature is probably worth $250 to $350, Weinberg says, though the price of some items now for sale or up for bid are as much as 10 times higher.
A few items reportedly autographed by Obama that were available on the Internet in recent days:
- A Mad Magazine featuring an Obama-like Alfred E. Neuman on the cover holding a banner saying, "Yes, We Can't," $3,500.
- A gray Chicago Cubs road jersey, $2,400. (What would Obama's fellow White Sox fans say?)
- Copies of his books, "Dreams From My Father" and "The Audacity of Hope," ranging from $399.99 to $2,475.
- An official major-league baseball, $300.
- A copy of the Wednesday Chicago Sun-Times, $440. A note attached to the offer on eBay said, "I was at the [Grant Park] rally [on Tuesday] and my aunt who work[s] for his campaign and was up close and got this newspaper sign[ed]."
Just remember the saying: Buyer beware.


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The Managing Director of Gambia’s Ports Authority Ousman Jobarteh has denied operating a shipping company while serving as MD at the ports. This followed, reports received by this medium alleging that MD Jobarteh is operating a shadow shipping company called Ous Boy Logistics (OBL). The report intimates that Jobarteh even recently lobbied Hamidou Jah of Jah Oil to channel his Cement Cargo shipments through his OBL shipping Company.
Hamidou was previously dealing with one of of local shippers at the ports, but sources alleged that the Ports MD has used his influence to ask the Jah Oil owner to patronize OBL. The report also suggests that some of the other local company owners have been complaining about being allegedly solicited for business patronizing by the ports MD.
Contacted for comment, MD Jobarteh, vehemently rejected the allegations. He told Freedom Newspaper that the company being associated with him, is owned by a family friend called Ismaila Demba.
“A family friend of mine owns the company called OBL Logistics. His name is Ismaila Demba. I have no ties with the company,” Jobarteh remarked.
Jobarteh has not denied that Jah Oil cement shipments are being handled by OBL. “Jah Oil is in the business of bulk cement cargo shipment,” he remarked.
When asked why should anyone accused him of operating a shadow shipping company Jobarteh said: “It is because the guy who owns the company is a family friend. I am 100 percent sure that I have no ties with no shipping company. I work entirely for the ports. The owner of OBL is a family friend.”
Ousman Jobarteh was among the witnesses, who had appeared before the Janneh Commission.
Jobarteh has thanked our Editor for contacting him to get his own side of the story.
Written By Pa Nderry M’Bai


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Louisiana Citizens Property Insurance Corp. may soon end the longstanding, and apparently unique, practice of selling policies that include a $10,000 deductible for non-hurricane damage.
Chief Financial Officer Steve Cottrell tells The Advocate the percentage of personal lines policies with the $10,000 deductible has grown by 35 percent in the past two years, although the state-backed company’s overall policy count has fallen by 12 percent.
The company now has about 6,300 policies with $10,000 deductible, or 7.7 percent of the company’s entire book of business. Next year, Citizens expects to shed 10,000 of its 86,000 policies, making the contrast even greater.
“I believe we’re not servicing the company well and in most cases, we’re not servicing the customer well because they don’t understand that they’re not buying much insurance,” Cottrell said. “They’re buying hurricane insurance. That’s about it.”
Cottrell spoke to a Citizens’ Executive Committee meeting.
Citizens is the only one of the state’s 10 largest insurers that offer a $10,000 “all other perils,” or AOP, deductible, which covers everything but hurricane damage, such as fire and hail claims, Cottrell said. The highest deductible other companies offer for non-storm damage is $5,000.
It’s unclear when Citizens began offering the policies or why, Cottrell said.
What is clear is that people buy the coverage to try and save money, interim Chief Executive Officer Vijay Ramachandran said. But the coverage is not cheap.
The average premium is close to $6,700 a year. Meanwhile, Louisiana homeowners pay an average of $1,722 for coverage.
Cottrell said one mobile home owner bought a high-deductible policy even though the home’s contents are valued at $7,000. Another high-deductible policyholder’s home is worth $20,000.
Customers don’t realize they will have to pay for the first $10,000 worth of repairs, Cottrell said.
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DB Schenker regroups in Hungary
20 / 03 / 2015
GLOBAL logistics company DB Schenker Logistics is grouping its services in Hungary into a new corporate office at Budapest, Hungary.
The move to a new joint 30,000-sq m freight forwarding terminal will conclude integration of all corporate activities in Hungary so that, by the end of this year, all DB Schenker Logistics offices and facilities in the Budapest region will be consolidated at the new site.
“In future, land transport, air and ocean freight as well as contract logistics and trade fair forwarding will be located under one roof in the Hungarian capital,” says a statement.
The move is the conclusion of the gradual process, begun in Hungary in 2010, of integrating all freight forwarding areas into Schenker Budapest.
Previously, activities were partially managed in independent joint ventures with the Masped Group.
The new facility’s transhipment and logistics areas meet the strictest requirements for security according to TAPA and for hygiene according to HACCP.
The company also has the availability of its own special warehouse for hazardous goods.
A total of 400 employees will work at the new terminal in early 2015 when relocation is complete.
"The consolidation of all departments in our company – not just under corporate law but in a single location as well – will make it much easier for us to offer all services from a single source in the interest of our customers," says Árpád Vásárhelyi, chief executive of Schenker in Hungary.
The integration is intended to lay the groundwork for further growth on the Hungarian market.
“Our objective is to become the leading logistics service provider in Hungary," adds Sándor Barényi, who heads air and ocean freight as well as contract logistics in the country.


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South Africa: MTN posts 30% jump in profit as sales rise
MTN Group reports net income rose to 7.63 billion rand during the six months through June, from 6.24 billion rand a year earlier.
MTN says group subscriber numbers were up 14% to 103,2 million from December 2008, and revenue up 24,2% to R57,3 billion from June 2008. Headline EPS was up 22,5% to 415,5c from June 2008, adjusted Headline EPS down 10,9% to 363,8c from June 2008.
The phone company says group performance for the six months ended 30 June 2009 was satisfactory considering the economic downturn which affected markets worldwide. But the results have been worsened by the negative impact of functional currency losses of R2,8 billion on shareholder loans, receivables and cash.
The Group's mobile subscriber base passed the 100 million milestone during the reported period to reach 103,2 million subscribers at 30 June 2009. This is a 14% increase since 31 December 2008. Subscribers have increased by 39% since 30 June 2008.
MTN Group revenues increased by 24,2% to R57,3 billion (30 June 2008: R46,1 billion), largely driven by the strong growth in subscribers since 30 June 2008.


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Donald Trump Poses With Goya Products One Day After Ivanka Tweets Support
The president posted a pic on Instagram Wednesday that showed him at his desk with a variety of Goya products, including cookies, coconut milk and adobo.
Both Trump photos came in reaction to a boycott against Goya that began after CEO Robert Unanue said that the country is “truly blessed” to be under Trump’s leadership.
HuffPost reached out to the White House about the possible violation, but it didn’t immediately respond.
White House specialty media director Carolina Hurley earlier sidestepped the ethics violation question by blaming the media and the co-called cancel culture.
“Only the media and the cancel culture movement would criticize Ivanka for showing her personal support for a company that has been unfairly mocked, boycotted and ridiculed for supporting this administration ― one that has consistently fought for and delivered for the Hispanic community,” Hurley told The Hill. “Ivanka is proud of this strong, Hispanic-owned business with deep roots in the U.S. and has every right to express her personal support.”


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Today, U.S. Deputy Secretary of Commerce Bruce Andrews recognized the 2014 National Minority Enterprise Development (MED) Week Award winners during a ceremony at the annual MED Week Conference in Washington, D.C. MBDA awarded 13 organizations, businesses and individuals who have demonstrated leadership and commitment in advancing the minority business community.
As one of the longest running Minority Business Enterprise events in the United States, the National MED Week Conference recognizes the outstanding achievements of leading minority entrepreneurs and organizations while positioning business owners for opportunities that drive growth. Minority Business Development Agency (MBDA) National Director Alejandra Y. Castillo and U.S. Small Business Administration (SBA) Administrator Maria Contreras-Sweet delivered remarks to kick off the one-day conference this morning.
The conference provided opportunities for small business owners and entrepreneurs to connect with senior public officials, industry executives and leaders from all over the country and learn about cutting-edge tools that can give their business a more competitive advantage.
The Obama Administration and Commerce Department have been laser-focused on helping businesses create good-paying jobs, particularly small and medium-sized businesses. On July 25, President Obama issued a proclamation declaring this week Minority Enterprise Development Week, during which Americans are celebrating the essential role that minority entrepreneurs and businesses play in our economy and communities.


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Blizzard Entertainment is backtracking on plans to require players to use their real names when posting on its online forums.
Following an outcry in the gaming community, Blizzard lifted the planned requirements.
It said Friday it will still make other changes intended to curb bad behavior in the game forums. These include the ability to vote comments up or down, with low-rated posts slowly disappearing.
The maker of "World of Warcraft" and the upcoming "StarCraft II" was bombarded with criticism this week when it announced the real-name requirement. Gamers say it could make them vulnerable to real-life harassment, hurt job prospects and encroach on privacy.
Blizzard, part of Activision Blizzard Inc., is still proceeding with its optional "Real ID" program, which lets gamers use their true identities when playing.
As msnbc.com games columnist Winda Benedetti wrote earlier this week, "hell hath no fury like 11.5 million 'WOW' players scorned. The announcement has been met with thunderous (and, yes, anonymous) protest on Blizzard's forums with gamers calling the decision 'ridiculous,' 'idiotic,' and 'horrible' and others vowing to cancel their pre-ordered copies of 'Cataclysm' or just plain cancel their monthly subscription to 'WOW' period."


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Krishnam Permalloo and his wife Sam run Computer Geeks Services in Thames, with plans to franchise the business to other towns, utilising its focus on fast service.
The business started five years ago under different owners, operating out of a laundromat in the town.
Permalloo bought the business two years ago after arriving in New Zealand in 2005 from Mauritius. The couple previously ran a similar business there, but the island offered few opportunities for expansion and they liked the look of New Zealand as a relatively safe and scenic country.
After initially working in Auckland, Permalloo saw potential in Thames and the couple bought the business.
At the time, Computer Geek Services was operating as a LAN café with gaming as a primary activity, but they stopped the gaming and focussed on ‘fast fixing’, promising same-day turnaround.
Shortly after buying the business they relocated to the current site in Thames, which provides easier parking for customers and more room for stock display.
The company has almost 4000 customers, half of whom use his services at least once or twice a year.
Permalloo says he does not want to be another Dick Smith with 20 laptops on display, saying instead he tests every model seeking value for money.
He works with most of the local distributors, with Acer, Toshiba and Lenovo his main brands, plus Microsoft. Custom-built hardware is another mainstay, with Permalloo using the “best of the best”, such as Western Digital for hard drives for which he cites performance and lower power use. AOC is used for monitors and Brother for printers.
“It’s not the brand that counts, but the support you get from the brand,” he says.
Permalloo is also a fan of and reseller for Quick Heal Anti-virus, which is sourced from Hamilton, but developed in India. He has sold around 400 copies of it, adding the software is the best AV product because of its support.
Computer Geeks Services also specialises in laptops with 18.4 inch Blu-ray-compatible screens. Such laptops, Permalloo believes, will be the big seller for Christmas as people move to replace their PCs with laptops, and Blu-ray allows high-quality viewing of movies on laptops.
Finance packages are available and these have proven to be good for business.
Permalloo says his customers are approximately half consumers and half business related. He prefers looking after smaller businesses, saying he is well versed in servicing their needs.
Farmers are a speciality, especially for accounting packages like Finda or Cash Manager, along with broadband that tends to be from the Farmside satellite service.
“It’s about word of mouth. We get 80 percent of our customers this way,” he says.
Advertorial and columns in the local newspapers have proven to be an effective way to advertise the business. He says remote-control work is becoming a big part of the business.
“We are just very good at what we do,” says Permalloo, who is a Microsoft-certified professional.
“I have been working with computers since I was eight or nine. I have seen how they evolved [and] seen the changes. Instead of reformatting the computer, I may say take the virus out [as] I know the files affected.”
Consumers simply want the problem to go away and aren’t too interested in the technology know-how behind it. Thus, he says, experience helps him diagnose and repair problems quickly.
“Fixing computers is a recipe and all the right ingredients have to be there, be well priced, [but also] profitable. Do we format this machine? Or fix the virus?” he says.
“We have tools to find passwords. There’s a bit of being a hacker to some extent, to be able to do a good job quickly. Instead of getting the customer to ring Telecom for their password, I put a tool on and find it for myself.”
Such skill only comes from experience, with Permalloo claiming those fresh out of IT courses, however qualified, lack the skills to work fast, partly as what they learn at college is already out of date. This is why the company has gone through several staff over the past year he says, and is currently in the process of bringing a family member from Mauritius to join the business.
He has plans to open a shop in Auckland to help supply more remote work, as a prelude for future outlets based on a franchise model.
Permalloo does say tough times are coming and that he is already ordering fewer units of new stock.


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Netflix has for several years been reaching out both to local distributors and content producers to sustain global growth and buttress itself against intensifying competition from all quarters, including indigenous sources and the US-owned majors. There is some evidence of that working from recent results, although the bigger test is yet to come as Disney+, AT&T’s HBO Now, Comcast’s Peacock and Apple TV+ all ramp up during 2020.
We may recall how Netflix endured a rare slump in subscriber growth over Q2 2019 as a result of losing 130,000 subscribers in its already-saturated home US base. These US losses were stemmed in Q3 while international subs surged to leave Netflix on 60.6 million home subs and 97.7 million overseas, or 158.3 million in total. This rise was attributed to the impact of sci-fi series Stranger Things, but also reflects the recruiting power of its global distribution partners, many of which are legacy pay TV operators, which now number just over 100.
Indeed, if we discount China where Netflix’s activities are largely confined to acquisition of rights to Mandarin-language content, these operator deals span almost half of all global pay TV subscribers. It includes more than three quarters of pay TV subscribers in Western Europe and approaching 90% in North America. This itself marks the culmination of a strategy shift both by Netflix itself and those operators, given they were previously competitors. So, Netflix is moving in the opposite direction from the big streamers such as Disney which have pulled their content from its platform, by onboarding with pay TV operators, which suits the latter’s emerging strategy as aggregators.
This shift is most notable in France where Netflix’s original arrival in September 2014 was met by hostility both from content producers and operators, but that did not prevent it amassing 5.3 million subs by mid-2019, about 58% of the country’s SVoD total. Netflix is now on board all major pay TV operators there, which assists subs growth since it addresses a target of over 25 million homes.
Canal+ was the last to succumb, having previously resisted other OTT platforms such as BeIN Sports and Altice France/SFR’s RMC Sport before caving in. But Canal+ efforts to compete had been floundering, with its CEO Maxime Saada decrying what he claimed was an uneven playing field before shutting its SVoD offering CanalPlay. The operator came back with Canal Series focusing more on popular TV series with some success, amassing over 1 million subscribers, but then realized its future lay more as an aggregator and finally got into bed with Netflix.
Two other factors at play in France are a reluctance by consumers to subscribe to more than one SVoD service and a preference for watching the content on big screen TVs. Smart TVs and pay TV are therefore seen as major drivers of SVoD growth in France.
There are still three major regions where Netflix has yet to make much impact via pay TV distribution, Asia Pacific, Latin America and Central and Eastern Europe (CEE), which between them host 400 million pay TV subscriptions, again not counting China. Netflix has been stepping up its activities recruiting operators in those regions.
Generally, Netflix does not fold its content directly into these pay TV packages but instead makes it available as an add-on at similar rates to the standalone SVoD range. Integration is therefore at the billing rather than service level with Netflix gaining through additional marketing and convenience of access. However, some operators have wrapped Netflix closer into their fold, such as Comcast’s Sky in Europe with an offer limited in duration for now combining its Entertainment package with Netflix Standard (HD) for around $35 a month. The offering is priced the same as Entertainment on its own, so Sky is effectively bundling Netflix as a free extra. Netflix is presumably fully reimbursed itself with Sky dangling it as a loss leader.


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Spain has one of the most dynamic markets in the European Union. According to ICEX Exportación e Inversiones data, Spanish exports have consistently hit new record levels several years in a row, growing close to 4% per year. This success is a reflection of Spanish industry’s capability and competitiveness.
Our country is home to leading multinationals in their respective sectors: Acciona, Abertis, BBVA, Santander, Iberdrola, Indra, OHL, FCC, Ferrovial, Repsol, Amadeus, CIE Automotive, Gamesa, Telefónica and Zara. These are just some of the most valuable Spanish firms that have succeeded in internationalizing and have become one of the pillars of Marca España’s global strength
The Spanish economy’s strong momentum has made Spain one of the main destinations for foreign investment. According to the latest ‘Snapshot of the business climate in Spain from the foreign investor’s perspective’, 95% of multinationals will expand or increase their investment in our country, with a positive impact on the labour market.
According to the latest Barómetro de los Círculos report from the Círculo de Empresarios business association, the high quality of our infrastructure and the specialization of our workers are two of the strengths that drive Spain’s growth potential. Our country ranks twelfth worldwide in the Global Competitiveness Index in infrastructure and it has risen by 40 places in terms of labour market efficiency since 2013.
Spain is a major hub for entrepreneurship. According to the Entrepreneurship Map, prepared by the Spain Startup-South Summit, almost half of the Spanish people who have created a start-up are repeat or recurrent entrepreneurs. At present, 2 out of 10 Spanish start-ups have a team of 5 to 10 people and around 90% of these companies are actively and frequently seeking new staff.
Spanish companies are among the most digitalized in the world. According to the Digital Economy and Society Index (DESI), produced annually by the EU, Spain ranks eleventh in Europe in terms of digital transformation. Additionally, Spanish industry is focused on R&D and Innovation and is a key player in sectors such as Big Data, Smart Cities, robotics, 3D printing, artificial intelligence and augmented reality.
Foreign workers who obtain a long-term residence permit can live and cultivate a professional career in Spain on an equal footing with Spanish workers. Therefore, they also have the possibility of obtaining residence and work permits for other European Union countries—mobility that multiplies the opportunities for professional development.
Spanish industry is one of the most mindful of the environment and of sustainability. In fact, the Dow Jones World Sustainability World Index Composite, a benchmark index for sustainability and social responsibility standards in industry and finance, has included 14 Spanish multinationals in its annual global list of the companies that are most sustainable and have the best social responsibility policies.
Working in Spain is an excellent opportunity to learn Spanish, the second most spoken language in the world and a growing language in culture, business and online.
Spain hosts top-level conferences, fairs and international professional meetings that are great opportunities to network, boost professional profiles and promote new projects. The most important events include the Mobile World Congress, the Fitur International Tourism Trade Fair, the World Football Summit and South Summit.


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Videogame makers won a victory at the U.S. Supreme Court today, lifting the threat of a potential crackdown that's been looming over the industry since 2005.
The high court voted 7-2 to strike down a California law blocking minors from buying violent videogames, saying it violates the First Amendment. Gov. Arnold Schwarzenegger signed the law based on findings that videogames drive "violent antisocial or aggressive behavior," among other negative effects.
The news that the $10.5 billion videogame industry won't face restrictions that could hamper sales comes at a particularly crucial time.
The business has struggled with declining sales over the past year as it faces competition from virtually free social and mobile games. And it's the violent fare that would attract the attention of regulators that has consistently performed the best.
There's definitely a correlation between the most violent games (rated "Mature") and the most successful ones. It's the hardcore gamers who are drawn to these games that can be counted to keep on buying, even as casual gamers defect to the free alternatives.
It's no surprise which stocks are seeing gains on today's news.
The biggest percentage gain is at Take Two Interactive , whose signature franchise is "Grand Theft Auto," and whose newer games including "L.A.
Noire" and "Red Dead Redemption" are quite realistic and violent.
Activision Blizzard, which has the cash cow "Call of Duty: Modern Warfare" franchise, is also trading higher on the news.
Electronic Arts is just narrowly in the green today. It's known for a more diverse (i.e. less violent) mix of games, including "The Sims," and the FIFA Soccer and Madden NFL series, so it would have less to lose on a government crackdown.
Justice Antonin Scalia compared violent videogames to reading books, specifically comparing reading Dante to playing "Mortal Combat." He dismissed the controversy about how video games impact upon the brain, saying entertainment is entertainment.
But as entertainment becomes more sophisticated and complex, will the Supreme Court change its tune? What about virtual worlds? Will they be protected under the same First Amendment rights even if their potential impact on consumers is far more dramatic than video games? We'll see.
In the meantime, the videogame makers can breathe easy their biggest brands won't be slammed by a new set of rules.
Questions? Comments? MediaMoney@cnbc.com


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DJI Limits Where Its Drone Can Fly
DJI, the most popular drone manufacturer, has programmed No Fly Zones into the software of their quadcopters. This artificial fencing has been in place since 2013, but now they are continually updating it. The database on their website already lists No Fly Zones for some 50 countries. The No Fly Zone are broken down into two categories: Category A which is large international airports such as Kennedy and Heathrow and Category B which is smaller airports.
No Fly Zones are programmed into the DJI software which runs the drone. In some areas the drone will automatically be prevented from takeoff, or if it’s already flying towards the location, it will pause at the boundary and not enter.
DJI, headquartered in China, said the new version of its “geofencing” system, will be launched in December, 2015 in North America and Europe. It will continually update airspace information, including up-to-date guidance on flight restrictions and locations where drone flight could create safety concerns. DJI clearly wants to ameliorate increasing regulation of drones. It is very much in their economic interest to keep their UAV machines in the good graces of governments and law enforcement.
The DJI system “will also include for the first time restrictions around locations such as prisons, power plants and other sensitive areas where drone operations raise non-aviation security concerns.”
The Federal Aviation Administration, which is responsible for the conduct of most of what flies around, wants to register drones, and is considering how to control a national airspace which is suddenly occupied by millions more operators.
The new technology will be available via an update of DJI’s Go app and drone firmware, the company announcement said.
The REMOVU K1 is a small 4K gimbal camera. The small handhled camera has a built-in mic and a 1.5 inch LCD screen built into the grip. The K1 is equipped with 3-axis gimbal technology and a F2.8 wide angle lens. The sensor is a 1/2.3 inch CMOS 12MP (Sony IMX377). Video Resolution is 4K […]Read More
Maria Callas, the legendary opera star, was according to the NY Times the greatest singer of the 20th Century. She died in 1977, but she performs in a new concert with a live orchestra. A company called Base Hologram is using an old technique called Peppers Ghost with new technology. They are offering the result […]Read More
Create unique professional music for your video. Just choose a mood and style of the music you want, Amper can create it in a few seconds. That’s the claim made by Amper Music. This new royalty-free music program uses AI to produce music that fits the style of your video and synchs to it exactly. […]Read More


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Amazon and Walmart lead the US grocery sales online—how are they doing it?
An eMarketer article by Lucy Koch
US grocery ecommerce is the fastest-growing product category online, and we estimate that US food and beverage ecommerce sales will grow roughly 23% in 2019 to $22.63 billion. Buy online, pick up in-store (BOPUS) is one of the key drivers of this growth.
According to data from CommonSense Robotics, the number of retailer locations offering BOPUS nearly doubled last year among US grocery retailers like Walmart, Kroger and Target, which brought their collective number of click-and-collect locations from 2,451 in January 2018 to 5,800 by December.
The expansion of BOPUS also likely helped Walmart and Kroger secure their spots as the No. 2 and No. 3 digital retailers for US online grocery sales in 2018. But Amazon still takes the cake, according to a June 2019 report from Edge by Ascential.


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Urban Outfitters (URBN) is certainly making a statement with its stellar earnings report.
The hipster retailer, which operates under the Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters brands, earned $61 million, or 42 cents a share, in the latest quarter. And total sales jumped 11% to $676 million.
Analysts piled on with the kudos. At least three raised their price targets and two issued upgrades.
But StockTwits users weren't as euphoric.
That may be true, but for now, Urban Outfitters has managed to get itself on the turnaround train.
The perfect price point is a tough thing to get right but Urban Outfitters has done a good job of managing its stock (and I don't mean Wall Street).
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|Sony exec fires back at President Obama|
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|Justin Bieber just lost 3.5 million Instagram followers|
|Chrysler expands recall to 3.3 million vehicles|
|Staples hack exposes 1.2 million credit cards|


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Carlos Ghosn, chairman, president and chief executive officer at Nissan, discusses the new Rogue Sport, autonomous driving, electric vehicles and changes for the auto industry under the incoming Trump administration. He speaks with David Westin on “Bloomberg Markets” from the North American International Auto Show in Detroit, Michigan.
Ford Chairman Bill Ford discusses the Detroit auto industry, Donald Trump’s trade policies, the president-elect’s nomination of Elaine Chao for Transportation secretary and the company’s decision to scrap plans for a new plant in Mexico. He speaks with David Westin on “Bloomberg Markets” from the North American International Auto Show in Detroit, Michigan
Millions of London underground passengers have been hit by travel chaos after unions called a 24-hour strike.
The industrial action is part of a long-running dispute over ticket office closures.
Unions say over 800 jobs have been axed and allege it has resulted in staff being abused by angry passengers queuing at ticket machines.
The city's mayor Sadiq Khan has criticised the walkout.
Aerial footage from the UK capital showed commuters struggling to get to work.
Waymo, Google's self-driving car division, will start testing its new fleet of minivans on public roads in California and Arizona later this month, Waymo CEO John Krafcik revealed in a speech at the Detroit auto show Sunday.
Toyota CALTY designer lead Ian Cartabiano walks through the interior design and technology of the Concept-i concept at CES 2017. With scissor-doors, autonomous driving, and an innovative artificial intelligence co-driver, it's a preview of the sort of technology that Toyota believes could be in the emotionally-engaged cars of tomorrow.
(qlmbusinessnews.com via uk.reuters.com – – Fri, 6 Jan, 2017) London, UK – –
Shares of Toyota Motor Corp (7203.T) fell more than 3 percent on Friday after U.S. President-elect Donald Trump threatened to impose heavy taxes on the automaker if it builds its Corolla cars for the U.S. market at a plant in Mexico.
Toyota dropped as much as 3.1 percent to 6,830 yen ($59.06) in early trade before paring losses, after Trump's tweet on Thursday – “Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax.”
The tweet was Trump's first broadside against a foreign automaker. He has slammed automakers in the United States for building cars in lower-cost factories south of the border, which he said costs American jobs.
This week Ford Motor Co (F.N) scrapped plans to build a $1.6 billion assembly plant in Mexico after Trump criticized the investment.
Trump's tweet confused Toyota's existing Baja plant with the planned $1 billion plant in Guanajuato, where construction got under way in November.
Baja produces around 100,000 pickup trucks and truck beds annually, including the Tacoma pick-up truck. In September, Toyota said it would increase output of pick-up trucks by more than 60,000 units annually.
The Guanajuato plant will build Corollas and have an annual capacity of 200,000 when it comes online in 2019, shifting production of the small car from Canada.
Other Japanese automakers too have plants in Mexico. Nissan Motor Co (7201.T) has two facilities, producing 830,000 units in the year to March.
Honda Motor Co (7267.T) operates two assembly and engine plants in Mexico with a total annual capacity of 263,000 vehicles. It also operates a transmission plant with an annual capacity of 350,000 units.
Other Japanese carmakers also fell in early trade, with a stronger yen dragging on prices too. Honda fell more than 2 percent before paring losses, while Nissan also shed 2 percent, underperforming the broad Topix .TOPX index.
By Thomas Wilson
The British Airways cabin crews are set to stage a walkout over payments after rejecting a deal proposed by the airline in December.
Trade union, Unite, announced that up to 2700 British Airways cabin crew members will leave work for 48 hours from January 10. The strike was initially planned for Christmas Day and December 26 but it was postponed after the airline made the offer. However, later 70 percent of the union members voted the offer down. Unite says low salaries have forced some of its members to find a second job. British Airways have called the walkout completely unjustified. The people involved in the strike account for 15 percent of the airline’s cabin crew.
In this video, BBC One London Fireworks 2017 – New Year's Eve Fireworks. London Fireworks 2016 /17 – New Year's Eve Fireworks – BBC One
(qlmbusinessnews.com via uk.businessinsider.com via standard.co.uk — Thu, 29 Dec, 2016) London, Uk —
Flights between Britain and New York costing less than £60 are set to be introduced in the new year.
Budget airline Norwegian plans to slash the price of flights from Edinburgh to smaller airports in the Big Apple to as little as £56, it was announced last week.
Tickets will be sold on flights to airports other than JFK using six Boeing 737MAX aircraft which burn less fuel than other long-haul planes, the Times reported.
Earlier this month the airline revealed that it would cut US-bound services leaving Gatwick from 34 to 22 flights a week from next year.
British Airways cut flights to the US from the UK earlier this year.
Flights on the Boeing 787 Dreamliner aircraft will start at £135.
Employees at an Iowa cabinet company are about to get a sunny reprieve from the winter cold, all thanks to the boss. All of the more than 800 employees of Bertch Cabinets in Waterloo, Iowa will get a free trip to the Caribbean next month. company president Gary Bertch said “We leave January 8, We've got four charter aircraft that will be flying directly to Miami Sunday and staying at a nice five-star hotel. Then on Monday, we'll bus over from the hotel to the port and load up on the ship.” Bertch told his employees the trip was a reward for them after the company meet its goals for the year.
Airbus will sell Iran Air 100 planes worth $18 billion under a deal finalized just weeks after Boeing agreed to sell 80 aircraft to the state-run airline
This isn't your typical snow fort. Italian architect Luca Roncoroni travelled to the Arctic Circle to design this Victorian Ice Suite for the Icehotel 365 in Jukkasjärvi, Sweden, where rooms can cost $1,000 a night. It took nearly 10 tons of ice and roughly 135 hours to hand-carve every detail. Bloomberg Pursuits watches him work, from start to finish, in one magical minute.
Bloomberg Pursuits’ Troy Patterson discusses how Patrick Grant, owner of Savile Row tailor Norton & Sons, is working to convince American clients to embrace the British style. He speaks with David Gura on “Bloomberg Markets.”
(qlmbusinessnews.com via news.sky.com- – Tue, 20 Dec, 2016) London, Uk – –
A 48-hour strike planned by baggage handlers and check-in staff at 18 airports from Friday has been cancelled, says Unite.
Members of Unite employed by Swissport had been due to walk out for the two days before Christmas, one of the busiest times of the year for travellers.
They had voted for industrial action in protest at a 4.65% pay rise over three years but the strike was called off after talks between the parties at conciliation service Acas on Tuesday.
Unite general secretary Len McCluskey said the strikes had been cancelled after a better pay offer was received.
He said: “I am delighted to report that we have reached an agreement which our shop stewards will recommend to our members.”
The airports affected were to include Gatwick, Heathrow, Birmingham, Manchester, Glasgow, Stansted, East Midlands and Belfast.
Aberdeen, Bristol, Bournemouth, Cardiff, Doncaster, Edinburgh, Leeds/Bradford, Luton, Newcastle and Southampton had also expected to be disrupted.
British Airways cabin crew are due to strike on Christmas Day and Boxing Day and talks regarding their dispute – also over pay – are continuing.
Mr McCluskey described progress in those talks as “painfully slow”.
The airline has said it still expects to run a full service, however.
Strike action by Southern rail staff over the role of guards and driver-only trains – which they argue are a safety risk – has meant that the rail operator's 2,242 services have come to a grinding halt.
One of the bosses of GTR, who run under-fire rail company Southern, has apologised for the travel chaos commuters will face throughout December. The RMT and Aslef unions have called for a number of strikes across the month over a long-running dispute about the changing role of conductors on trains. Alex Foulds, the deputy chief operating officer for GTR, also called the Southern service “very poor” and said it was “not good enough”.
At the International Manufacturing Technology Show in Chicago, Local Motors 3D printed a plastic car called the Strati.
Local Motors printed the car's chassis and body all in one piece, and also printed the fenders separately. The first phase of the process took just 44 hours.
Then the non-printed components (engine, seats, steering wheel, etc.) were attached in the last stage of the assembly.
“A 3D printed car like ours will only have dozens of components,” Local Motors engineer James Earle told Business Insider. In the near future, he says, it could cost only about $7,000 to manufacture, perhaps the start of what will become a niche market for customized cars.
Google Pixel vs iPhone 7 – I put these two flagship Android and iOS smartphones head-to-head to find out which is best and which you should buy.
Big changes are coming to England's much maligned railway network. The Transport Secretary is to strip Network Rail of complete control of the tracks, instead making it share responsibility with private companies. Chris Grayling says it'll lead to more reliable services and a better experience for passengers. Unions though, say it'll put safety at risk.
(qlmbusinessnews.com via telegraph.co.uk – – Wed, 7 Dec, 2016) London, Uk – –
Piccadilly Lights, the famous illuminated advertising boards that overlook Piccadilly Circus, are to be switched off for an extended period for the first time since the Blitz to allow a complete overhaul.
Land Securities, the commercial property giant that owns the site, has secured permission from Westminster Council to replace the patchwork of boards with a single, ultra-high definition curved screen.
The current six screens, which advertise brands including Coca-Cola and Samsung, will be switched off in January and dismantled in works that are expected to take until autumn to complete.
Although it is the first extended switch off since the 1940's, the famous displays went dark a fortnight ago for a number of hours after London's West End was plunged into darkness by a power cut.
The boards have been almost constantly illuminated since the Second World War, with only brief blackouts for power cuts and the funerals of Winston Churchill and Princess Diana. Recently the lights have also been switched off for the annual Earth Hour environmentalism event.
While Coca-Cola and Samsung will remain, Land Securities’ partner, Ocean Outdoor, hopes to tempt new brands to the landmark site, with new capabilities and more flexible tenancies. The site is believed to be the most expensive outdoor advertising location in Britain.
The patchwork appearance will also be maintained by the new screen, due to be Europe’s largest, but live video streaming and integration with Facebook and Twitter feeds will be added.
Tim Bleakley, chief executive of Ocean Outdoor, said the new technology at the site will “protect its heritage while keeping ahead of trends”.
The advertising boards at Piccadilly Circus date back to the the early 1900s. Perrier was the first brand to illuminate its sign, in 1908.
TDK, the Japanese electronics maker, ended its association with the site last year after quarter of a century. Coca-Cola has advertised there for 62 years.
Aedamar Howlett, Coca-Cola GB's marketing chief, said: “This new technology will allow us to be more agile and tailor our messages in real-time, as well as be more creative when it comes to the content and engaging consumers directly.”
By Christopher Williams


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Ingolstadt, Germany – Audi set a new sales record in China in 2008 and has begun construction on a new assembly plant in Changchun to expand production capacity.
The German automaker sold 119,598 vehicles in China and Hong Kong in 2008, an increase of 17 per cent over 2007, and marking the brand as the market leader in the premium segment. Models include the A4, TT, Q7, a long-wheelbase version of the A6, and the A8, which enjoys its largest market worldwide in China. A long-wheelbase version of the A4, manufactured exclusively for the Chinese market, was also launched at the start of 2009.
“We are extremely satisfied with the results of our largest foreign market,” said Rupert Stadler, chairman of the board of management of Audi AG. “Even if the Chinese market does not grow as dynamically as in recent years, we will continue to pursue our growth strategy.”