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PetSmart Inc. (NASDAQ:PETM) is set to report FQ4 2014 earnings before the market opens on Wednesday, March 5th. PetSmart is a chain of retail pet supply and service stores which operate throughout the United States, Canada and Puerto Rico. In January PetSmart stock declined sharply as the company received downgrades from both Deutsche Bank and UBS. However, PETM has recently reversed the downward momentum and has recovered some of its losses through February and early March. Wednesday's earnings release may be an opportunity for PetSmart to push itself back up to the levels where it began the year. Here's what investors are expecting PetSmart to report.
The information below is derived from data submitted to the Estimize.com platform by a set of Buy Side and Independent analyst contributors.
The current Wall Street consensus expectation is for PETM to report $1.22 EPS and $1.827B revenue while the current Estimize.com consensus from Buy Side and Independent contributing analysts is $1.24 EPS and $1.830B in revenue. This quarter the buy-side as represented by the Estimize.com community is expecting PetSmart to beat the Wall Street consensus on both EPS and revenue.
Over the previous four quarters for which data is available the consensus from Estimize.com has been more accurate than Wall Street in predicting PetSmart's EPS every time and has been more accurate on revenue once. By tapping into a wider range of contributors including hedge fund analysts, asset managers, independent research shops, students and non-professional investors Estimize has created a data set that is up to 69.5% more accurate than Wall Street, but more importantly it does a better job of representing the market's actual expectations. It has been confirmed by an independent academic study from Rice University that stock prices tend to react with a more strongly associated degree to the expectation benchmark from Estimize than from the Wall Street consensus.
The magnitude of the difference between the Wall Street and Estimize consensus numbers often identifies opportunities to take advantage of expectations that may not have been priced into the market. In this case we are seeing a small differential between the two groups.
The distribution of estimates published by analysts on the Estimize.com platform range from $1.23 to $1.24 EPS and $1.825B to $1.836B in revenues. This quarter we're seeing a very narrow distribution of estimates for PetSmart.
The size of the distribution of estimates relative to previous quarters often signals whether or not the market is confident that it has priced in the expected earnings already. A narrower distribution of estimates signaling more agreement in the market could mean less volatility post earnings.
Over the past four months Wall Street expectations for both EPS and revenue have been falling. The Street's EPS consensus fell from $1.24 to $1.22 while its revenue consensus dropped from $1.847B to $1.827B. Timeliness is correlated with accuracy and decreasing analyst revisions going into an earnings report are often a bearish indicator.
The analyst with the highest estimate confidence rating this quarter is turbinecity who projects $1.23 EPS and $1.836B in revenue. In the Winter 2014 season turbinecity is rated as the best analyst and is ranked 17th overall among over 3,950 contributing analysts. Estimate confidence ratings are calculated through algorithms developed by deep quantitative research which looks at correlations between analyst track records and tendencies as they relate to future accuracy. In this case turbinecity is expecting PetSmart to beat the Estimize community on revenue but come up short on earnings per share.
Although PetSmart got off to a rocky start in 2014, things have gotten better for shareholders in February. The upcoming earnings release offers an opportunity for PetSmart to get back on track and if the company can beat the expectations from the market as represented by the Estimize.com community, it may be able to restore levels from late 2013.


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DETROIT — Stik.com, a Web site that uses Facebook to bring the business referral process online, announced it is moving from San Francisco to downtown Detroit’s growing technology district to grow its business.
The company will move into the Madison Building, a tech hub designed to encourage collaboration among local entrepreneurs and their budding companies.READ MORE: Striking Kellogg's Workers Receiving 3% Raises In New Contract
Company co-founders Jay Gierak and Nathan Labenz are both from the Detroit area, and attended Harvard University where they were classmates and housemates with Mark Zuckerberg and the other founders of Facebook. Gierak and Labenz moved to Silicon Valley after graduation to build Stik.com, which launched in 2010.
Stik.com helps small companies that heavily rely on word-of-mouth referrals to acquire business and build a reputation through testimonials. The site also helps consumers find professional help they can trust when making important purchases such as a mortgage or insurance, directly through Facebook. Now, the men are returning to their roots to further grow their personalized referral business.
“Downtown Detroit is developing something special around its burgeoning tech community, and we want to be part of it,” said Labenz. “We are excited to collaborate with other Detroit-based companies that are making a positive impact, and we are eager to grow our business with some of the best tech talent in the country.”READ MORE: 87% Of Michigan's COVID ICU Patients Unvaccinated, Hospital Association Says
Stik.com will join other tech and creative companies in the Madison Building, such as Twitter, Detroit Venture Partners, Skidmore Studio, and Detroit Labs, which are committed to making Detroit a technology hotbed.
Stik.com currently employs six team members, and the company says it plans to hire more software engineers when it lands in Detroit.
The move “is more proof that downtown Detroit’s energetic tech core has something to offer up-and-coming technology companies,” said Dan Gilbert, founder and chairman of Rock Ventures and Quicken Loans. “It’s promising companies like Stik.com that will continue to strengthen the city’s tech environment — and downtown Detroit as a whole — as more people relocate and bring bright ideas with them.”
Rock Ventures LLC, the umbrella corporation for Gilbert’s businss ventures, bought the Madison Building last year and transformed the 1917 theatre, originally designed by C. Howard Crane, into a collaborative entrepreneurial hub. Located at 1555 Broadway Street in downtown Detroit, the building is 100 percent occupied. Bedrock Real Estate Services LLC, Rock Ventures’ full service real estate firm, is the leasing agent for the Madison and other downtown Detroit properties. For more on Bedrock, visit www.bedrockmgt.com/madison.html.MORE NEWS: Democrats Renew Push For Gun-Control Legislation After Oxford High School Shooting
For more information about Stik.com, visit www.stik.com.

domain: news


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- Auto Components
- 3 min read
Lithium ion cell manufacturing: This startup is on its way to setting up India's first gigafactory by 2025
The Bengaluru based startup showcased its indigenously developed cell manufacturing capacity on Thursday & plans to ramp up to 50 Megawatt hour this year before pressing the pedal to 1 Gigawatt hour by 2025. By the turn of this decade, it is aiming at 25 GWh capacity which would entail an investment of over INR 10,000 crore.
It did not participate in the government's ambitious INR 18,000 crore PLI scheme for advanced cell chemistry, but 7 year old advanced battery technology startup Log9 is intent on capturing the first mover advantage. On Thursday, it took the first baby step demonstrating its indigenously developed cell manufacturing facility in Bengaluru. With a capacity of just 25 megawatt hour (MWh) and an investment of around $ 25 million (INR 190 crore), it is a drop in the ocean but the ramp up plan is aggressive.
Within one year, Log9 wants to expand its cell manufacturing capacity to 50 MWh while at the same time increasing its battery pack production from 10,000 today to 40,000 units by June and 4 lakh units by March 2023. The investment for this over the year would be another $ 15 million (INR 110 crore). But that's just a warm up. By 2025, it wants to set up India's first giga factory, then expanding it 5 fold by 2027 to 5 GWh before expanding it by another 5 fold by the turn of this decade to 25 GWh. The overall investment it would entail would be north of INR 10,000 crore.
"We are too small right now and frankly do not have the money to participate in the PLI scheme. But cell manufacturing is the need of the hour and what is more important is we make cells based on chemistry that is suitable for India," said Akshay Singhal, founder and CEO, Log9 materials. "Our vision is to be the country's leading battery solution house. By 2025, we should have attained gigafactory status. Our immediate target is to get to 5 GWh by 2026 or 2027. By the turn of this decade, we will expand this further to 20-25 GWh."
Lack of lithium ion cell manufacturing is a major hindrance in India's quest for sustainable electric mobility. Besides high import dependence on countries like China, lack of control on production also gives way to bad quality cells making their way to the market leading to problems like fire hazard in the vehicles. India's lithium ion battery market was valued at $ 1.66 billion in 2020 and is expected to grow to nearly $ 5 billion by 2027.
"Demand is not a problem, there is enough of it. We are focussed on servicing commercial consumers that use two, three wheelers and small commercial vehicles. That is where our batteries and cells are best suited," he added. "We have a flexible set up and can produce cells for any type of vehicle or application not just restricted to automotive."
Log9's facility is built to produce cells for two types of chemistries--LTO (lithium titanate) and LFP (lithium iron phosphate). It has consciously not chosen NMC (nickel manganese cobalt) which is more energy dense but less stable to high temperatures. LTO is the most stable but packs less energy while LFP is relatively less stable but more dense on energy. There is also a premium for higher stability--LTO costs almost twice as much as NMC.
"You have to strike a balance between stability against high temperatures and energy density. India has a tropical climate with extremes in temperature and NMC is not suited. Which is why we have seen so many fires in recent times," Singhal said. "LTO offers rapid charging and is best for commercial consumers who cannot afford high charging time. So if you use the vehicle more, the benefit in operating cost will easily cover the higher cost of the technology."


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PG.biz week that was: Angry Birds does 500m, DeNA's out of beta, GREE's catching it fast, Glu and Tapjoy look to the future, and the Korean App Store gets games
And what a week it was. Thanks to quarterly financials, not to mention the sizzle of Nokia's Windows Phone, we're been made up, indeed, up to the early hours of the morning...
But let's just kick off with some big numbers. Now that we're given up on a second act in the Rovio story, we're just getting used to the big Angry Birds' number, now up to 500 million downloads, if anyone's actually still counting.
The company also revealed it expects to sign another deal in the US with a large operator for its Bad Piggy Bank IAP carrier billing platform, while it's going to be opening retail locations in various places such as Helsinki and Beijing.
Not quite as big
Another company boasting big installs is Outfit7, which hit the 225 million mark and 60 million DAUs for its Talking Friends apps. Unlike Rovio, which seems to be off-on over launching a publishing business, Outfit7 is already experimenting in the space, with much more news to follow.
Its former CEO looks like he's interested in the same business; Andrej Nabergoj has just raised $3.5 million for new app discovery and promotion tool Iddiction
Japan. Big. Korea. New.
Meanwhile, a company that has demonstrated the valuable of a platform play is Japanese outfit DeNA.
It posted Q2 sales of around $450 million, up 28 percent year-on-year, with net income up 7 percent to $105 million. The company also laid out an ambitious plan for its Mobage Global platform to generate $50 million of quarterly IAP sales within six months.
Neatly, this week, the platform formally launched on Android in the west, with the CEO of US subsidiary Neil Young taking the opportunity to hit out at rivals, notably Chinese Android platform Papaya.
Double neatly, DeNA also launched Mobage for iOS in China with 20 games, as revealed it was setting up a joint venture with edgy Japanese developer Grasshopper Manufacture to make games exclusively for Mobage.
Of course, DeNA isn't the only big mobile games player in Japan. Its rival is GREE, which at one point was only half the size of DeNA. Now, however, its getting very close to parity: posting Q1 sales up 145 percent to $395 million, while re-stating its predicted FY12 sales up a massive 40 percent to $1.7 billion.
More GREE news included its plan to release a best-of-breed mobile social gaming platform for 2012, including smarts from US subsidiary OpenFeint, as well as setting up a $25 million venture fund to invest in SE Asian internet start ups.
Keeping in that region, some surprising news was that Korea finally got a games category on its Apple App Store; with local publisher Com2uS immediately cutting the price on all paid games to 99c.
Stuck in the middle
Glu Mobile isn't operating in the same geographic space, but it's a bellwether company in terms of a US publicly-owned mobile games publishers, so we spent plenty of time picking over its bones.
The headline news was good as it saw Q3 2011 revenues up 9 percent to $16.9 million, also becoming a majority revenue smartphone company in the quarter for the first time.
Other interesting aspects were that its MAUs rose to 22.1 million, while average IAP transactions were up 57 percent to $6.40. Pretty good business, although, this week, Swiss developer Gbanga revealed that users of its niche location-based game spent an average of $14 on in-app purchases.
More subtle was the calculation from CEO Niccolo de Masi that he consider the size of the mobile games market that Glu could address - as a US-based , freemium company - was $2 billion, a much smaller number than analysts typically produce from chicken guts when producing their frankly ridiculous reports.
Lies, obscuration, and ambition
But you want me to show you some money.
It might be happening soon as Zynga looks like it will IPO before US Thanksgiving.
It updated its S-1 form this week, although there was little of interest with respect to mobile. Even its reveal of 9.9 million DAU was questioned, with the accusation that this amounted to the number of mobile users it sends push notifications to on a daily basis. Frankly, who knows?
We were on more solid ground with Gameloft, if only because it provides as little financial information as it possibly can. Its Q3 sales rose 17 percent to 40.6 million euros. More interesting, was the news that Ubisoft, the console publisher owned by another of the Gulliemot brothers, had bought Finnish developer RedLynx; well known for its Trials HD and DrawRace games.
But still the numbers came. Capcom Mobile revealed it expects to hit $80 million in sales this year; thanks in the main to its freemium games. As part of this bullish statement, it also revealed it was looking to bulk up its mobile staff, also getting Beeline Interactive (effectively Capcom Mobile International) to report direct to Japan.
Round and round the money-a-round
Money was also on the minds - now in the banks - of various other mobile companies.
Dutch web/social publisher Spil Games received an undisclosed investment from North Bridge Growth Equity, mobile tools outfit Appcelerator raised $15 million in a Series C round, educational game developer Mindshapes raised $5 million in its Series A round, while US mobile infrastructure company Urban Airship acquired its former partner SimpleGeo in $3.5 million deal.
Our final financial fact was that US mobile chip company Qualcomm saw its full year FY11 sales up 36 percent to $14.96 billion. It ends the year with $21 billion in cash.
But it wasn't all good news as Nokia has signed a deal with ST-Ericsson to supply chipsets for future Windows Phone handsets; up to this point, all Windows Phone devices used Qualcomm chips, although considering the platform's lowly performance, this was hardly likely to have had much uplift on its sales.
Solid as a brick
So will Window Phone's lack of success change thanks to Nokia?
We asked our Mavens, while also quizzing current Windows Phone developers on their experience so far. No one was particularly happy with the current situation.
CodeGlue's Peter De Jong liked it as an OS, Babaroga's David Bachowski had hope for its cloud-based features, while Revo Solution's Andrei Hanganu reckoned Nokia would build a bridge to feature phone market.
Yet, Xona Games' Jason Doucette complained that Microsoft's power to decide what games sell and what don't was killing Windows Phone for indies, while Critical Thought's David Whatley posited that the lack of UDK and Unity support was a serious handicap.
In other platform news, Amazon's Kindle Fire tablet is raising debate. Apple execs said they were happy it would further fragment the Android market, encouraging iPad sales although with Kindle Fire priced $300 cheaper than an iPad, no one really believed them.
Indeed, Barnes & Noble has announced its new NOOK tablet will have more memory (priced $250), while Glu Mobile said it would support the Kindle Fire launch with "around six games".
Even Motorola is attempting the tablet market again, with the Xoom 2 and its Media Edition version announced to be launching in UK and Ireland in mid-November, priced from £329.99.
Bada-boom. Tapping for joy
What's Samsung been up to this week, you're probably thinking?
According to analysts, its position as the top selling smartphone OEM during Q3 was secured as it shipped 27.3 million devices globally. It also released some information about its bada OS - it's shipped 8 million devices, and over 110 million apps have been downloaded. To encourage developers to support the platform, Samsung announced the $1 million bada 2.0 Power App Race contest.
Yet, when it comes to the most significant news of the week, my bet is on Tapjoy and its new consumer focus.
Launching a cross platform incentivisied app market for Android and iOS, under the meme of Mobile Value Exchange, it could be the first realistic attempt to shift app promotion and discovery from the app store to a third party outlet.
Clearly, there's a very long way to go to get the critical mass for it to function as a social discovery platform, rather than just being a layer on top of Tapjoy's already very successful B2B incentivised business, but as CMO Peter Dille argued, it's visionary and disruptive.
I certainly have no disagreement with the former, even if I'm holding my judgment with respect to the latter.


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Danone’s baby formula production site in Wexford, Ireland has been certified carbon neutral by the Carbon Trust.
The site produces baby formula brands including Aptamil, Cow & Gate and Nutrilon, and distributes them to 41 countries around the world.
It sources 100% renewable electricity and uses a biomass boiler powered by sustainable wood fuels – from the local wood chipping industry – saving 10,000t of CO2 compared to the plant’s emissions in 2010, and reducing its direct carbon footprint by 70%.
The certification was a step towards achieving its goal of zero net carbon emissions by 2050, said Danone, and illustrated the carrying out of its ‘One Planet, One Health’ action plan to protect the health of people and the planet.
Danone chairman and CEO Emmanuel Faber said it was “more important than ever” to protect its local ecosystems and “create sustainable value for everyone”.
“The carbon neutral certification of Danone Wexford is an excellent illustration of implementing climate action to protect the health of the planet and of the people,” he added.
The factory had also achieved zero waste to landfill, meaning that all waste from production processes and packaging materials is recovered, and had developed a digital roadmap of initiatives to become paperless, using drones for monitoring inventory and “innovative technologies” for monitoring energy, Danone said.


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Data Protection Day – comment from RiskIQ?
January 2021 by Terry Bishop, VP of technical services at RiskIQ
On Data Protection Day, Terry Bishop, VP of technical services at RiskIQ, discusses why the day should serve as a reminder that, although public attention may focus upon the dark web, consumer data is much more likely to be stolen through the open web and corporate websites. He comments:
“Each year, Data Protection Day highlights the importance of protecting personal information online. While many will focus their attention on the dark web – which continues to catch the attention of the public as it’s used to market drugs, stolen data and weapons – in reality, it’s near impossible for an ordinary internet user to stumble into its realm. The actual dangers the dark web presents to the public are little compared to the attacks that largely originate from the well-trafficked, open web. Internet users are far more likely to encounter theft while pursuing ‘safe’ corporate domains, which means the issue isn’t just limited to consumers, but businesses too.
“When companies create websites on the open web, they can hide a multitude of dangers that exist for customers when they make purchases online. Indeed, these websites may be inserted with malicious skimming code, or the customer could be interacting with a well-designed imitation website created to defraud them. Therefore, businesses must have excellent vision into how their online assets exist on the open web, so that they can spot criminal activity before the customer is victimised.
“To put it simply, the dark web will continue to catch our attention, but Data Protection Day should highlight the biggest threats to businesses and consumers alike – and that’s the threat of the open web and official websites.”


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ATLANTA, Jan. 22, 2016 /PRNewswire/ -- Mercedes-Benz USA (MBUSA) today announced the appointment of Adam Chamberlain to the position of vice president, sales, effective April 1, 2016. Chamberlain replaces Dietmar Exler who is now president and CEO for MBUSA. Chamberlain was previously sales director of passenger cars for Mercedes-Benz UK.
In his new role, Chamberlain will have overall responsibility for the company's sales, volume planning and distribution operations in the United States, reporting directly to Dietmar Exler.
"Adam's broad expertise working with seven brands in three countries, his business acumen and proven retail track record make him a strong asset and brings a fresh perspective to the company moving forward," said Exler.
Chamberlain began his career with Volkswagen AG in 1994 and through 2009 held various key management positions in the retail and sales areas in the UK. In 2009, Chamberlain was promoted to head of sales & marketing for Volkswagen Ireland and three years later became managing director for SEAT, also in Ireland.
Chamberlain joined the Mercedes-Benz organization in March 2013 as sales director, passenger cars (Mercedes-Benz and smart) for Mercedes-Benz UK, his most recent post. In addition to significant retail and pre-owned growth during his tenure and a strong relationship with the dealer network, Chamberlain also led a cross-functional team to optimize the customer retail experience.
A graduate of Sheffield Hallam University in Sheffield with a B.A. in international business, Chamberlain is married and the father of three.
Photos of Chamberlain are available to accredited journalists on our media site at www.media.mbusa.com.
About Mercedes-Benz USA
Mercedes-Benz USA (MBUSA), headquartered in Atlanta, is responsible for the distribution, marketing and customer service for all Mercedes-Benz products in the United States. MBUSA offers drivers the most diverse lineup in the luxury segment with 15 model lines ranging from the sporty CLA-Class four-door coupe to the flagship S-Class and the Mercedes-AMG GT S.
Accredited journalists can visit our media site at www.media.mbusa.com.
SOURCE Mercedes-Benz USA


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Over a third (34%) of UAE residents make online purchases between one-and-five times a week with 5% making purchases online more than five times a week, reveals a survey on purchasing behaviour conducted by payment solutions provider Network International.
While most residents prefer to use cash or cards to shop in-store for items such as groceries, clothes and household goods, 15% of respondents said they went online to purchase electronic items such as TVs or smart phones. One in ten (10%) UAE residents said they purchased ‘fast food’ or ‘takeaways’ on the move using a mobile device.
The most frequent use of online payments was for remittances to home countries (15%), followed by payment of utilities (14%) and high value items such as property or cars (12%). One in ten (10%) respondents said they use online facility to pay for children’s school fees.
The ability to pay with a single click (50%), robust security measures (46%) and the advantage of purchasing on the move (39%) were the top three reasons cited for making online purchases.
“The adoption of online shopping among UAE residents is a step in the right direction. As the study reveals, customers are increasingly seeking convenient and secure forms of payment alternatives. This is especially relevant in the UAE as the country is certainly way ahead of the rest of the region with its high mobile penetration, combined with its relentless drive to move towards being a smart economy,” says Bhairav Trivedi, Network International CEO.
The study found that adults in their 30’s are leading the online purchasing trend. Those aged between 30-and-39 happen to be the most regular users (36%) of online payments – between one-and-five times a week – followed by those aged above 40 at 33%. Younger residents in the age bracket of 18-29 were slightly lower with under a third (31%) of people making online purchases between one-and-five times a week.
Further the survey also reveals that Asian expatriates are the most regular users of online payments platform with 35% using the facility between one-and-five times a week, followed by Emiratis (32%), Arab expatriates (31%) and Western expatriates (30%).
Words by Farimah Moeini, Snapchat Head of Industry – Retail and Travel TheJuly 5, 2021 | By RetailME Bureau
Snapchat has been betting big on Augmented Reality’s (AR) retail future consideringJune 22, 2021 | By Jibran Chouguley
Union Coop, a consumer cooperative in the UAE, revealed that 78% of
Union Coop has opened its 23rd branch within the UAE in Jumeirah
Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and
UAE-based Al Maya Group announced that it will be boosting import of
UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu
UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand
Locally owned supermarket Spinneys celebrates 60 years of doing business in the
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
Retailers in the Middle East are making strides in their multichannel offerings,
Gulf Marketing Group (GMG) is gearing up for a continued surge in
Blush & Bloom, an online maternity boutique that provides maternity, nursing, and
Abu-Dhabi based Rizek, the first app for on-demand home services in the
It is impossible for any retailer to survive without e-commerce capabilities, according
The unprecedented challenges of 2020 made way for the untapped opportunities that
GCC-based noon.com, the homegrown digital marketplace, announced its biggest ever Yellow Friday Sale
A new UAE e-commerce platform, Flip19.com, goes live in Dubai. The site
British quality grocery retailer Waitrose & Partners launched its first e-commerce platform
The COVID-19 pandemic has forever changed online shopping behaviours, according to a
Swedish fashion retailer H&M Group adopts an integrated approach to grow, amid


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Samsung Could Increase Component Prices to Compensate for Galaxy Note 7 Losses
When Samsung announced its profits for Q3, 2016, it showed that despite the Note 7 fiasco, the company was able to report a growth, even though the company would have ended up generating much more revenue had the recall not taken place at all. Still, Samsung has realized that there are other avenues to take advantage of to compensate for its flagship phablet’s losses, and one of them happens to be mass production of various components ranging from DRAM modules, NAND flash memory, and AMOLED displays.
Samsung Most Likely to Increase Pricing for DRAM Modules, NAND Flash Memory and AMOLED Displays to Compensate for Its Galaxy Note 7 Losses
According to various reports from TrendForce, the production halt of Galaxy Note 7 will allow other brands to take advantage of the smartphone market, which will obviously include Apple. KGI Securities analyst Ming-Chi Kuo has stated as much 5-7 million customers might resort to looking for a smartphone other than the one manufactured by Samsung.
“The halt of Note 7 sales will furthermore alter the market share of smartphone brands in the large-size model segment. A substantial portion of consumer demand will now go to the three major Chinese brands? Huawei, Vivo and OPPO. The withdrawal of the Note 7 from the market will also benefit the sales of the iPhone 7 Plus that was just released in September.”
Samsung has proven that demand for its components is capable of becoming one of the most profitable avenues ever, which is why according to sources close to the matter, the company could increase pricing of its DRAM modules, NAND flash memory, and AMOLED displays in order to cover up the losses incurred by Galaxy Note 7. Additionally, with the announcement of its 8GB LPDDR4 DRAM modules for mobile devices and 10nm FinFET chips, the company could definitely get an influx of orders in the near future.
“To stay in profit, the technology conglomerate may increase the prices of its memory and panel components which have a dominant market share worldwide.”
In another report, Samsung has also said to offer Note 7 owners discounts so that they may feel less bitter when upgrading to a Galaxy S8. The upcoming flagship is said to be better in every way possible and to avoid another ‘battery explosion’ incident, the tech giant is looking to be in talks with LG for smartphone batteries.
What are your thoughts on the latest report? Tell us in the comments right away.


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Thursday, January 29, 2009
By Dr. Jim Harris
If it won’t sign EPA-MFN, South Africa will destroy regional SACU solidarity to everyone’s disadvantage. In their own longer-term interest in exports and growth, the EU and BNLS should carry on regardless. Their desired end-goal is global free trade, not lunatic local self-sufficiency. EU trade officials Peter Mandelson and Louis Michel may have persuaded Messrs Motlanthe and Zuma to see sense. South Africa’s protectionist chief negotiator Xavier Carim may soon be replaced. We need someone keen to co-operate and globalise free trade for mutual benefit.
Dr. Jim Harris is with the Free Market Foundation in South Africa


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COEUR D'ALENE, Idaho, Oct 29 -- NightHawk Radiology Holdings announced Wednesday financial results for its third quarter ended Sept. 30.
The following are third quarter 2008 highlights:
"Considering the modest sequential increase in scan volume and revenue, we were able to increase adjusted earnings sequentially by 13% through improved productivity and prudently focusing on our costs," said Dr. Paul Berger, chair and CEO. "Our overall financial position remains very strong with $55.2 million in cash on hand and record cash flow from operations of $9.6 million during the third quarter and $22.9 million for the first nine months of 2008. We also saw encouraging results from our initiatives focused on improving our customer service and sales execution.
"In light of the lower than expected volumes we are seeing and the highly uncertain economic outlook, we are revising our full-year outlook and now expect full-year revenues to be in the range of $165 to $168 million and adjusted earnings per share of $0.64 to $0.67. However, I am confident that the solutions and value we provide to our customers remain a solid proposition and position us well for future growth."
The third quarter 2008 conference call was held Oct. 29. A live webcast of the conference call, as well as a replay, will be available online on the company’s website.
Participants can also access the call by dialing 800-257-2182 (or 303-262-2175 for international callers). A replay of the call will be available approximately two hours after the conclusion of the call and will remain available until midnight (EDT) on Thursday Nov. 20. To access the replay, dial 800-405-2236 or 303-590-3000 (for international callers) and enter the conference ID number: 11121223.


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Irish bookie Paddy Power took a pivotal first step towards establishing a US business yesterday when was it was granted a finding of suitability to operate in Nevada by gaming regulators.
The approval by the five-member Nevada Gaming Commission last night, for which Paddy Power submitted itself to the investigative process ahead of applying for a licence or buying a business in the State, is the first of its kind issued to a gaming company.
The suitability finding lasts for two years.
Paddy Power CEO Patrick Kennedy told the Commission it was also actively looking at gaming opportunities in other American markets, as well as Nevada, according to the Las Vegas Review-Journal.
The operator was understood to have originally applied for licensing as a manufacturer and distributor of gaming equipment and as a mobile operator back in August 2010.
Casino supplier Shuffle Master, already licensed as a manufacturer and distributor of land-based gaming equipment in Nevada, was also granted additional approval by state regulators to manufacture and provide interactive gaming systems.
Shuffle Master’s chief strategy officer Lou Castle said at the company’s preliminary hearing before the Nevada Gaming Control Board earlier this month that its immediate plan was to develop free-play social media versions of its existing games already supplied in legal online gaming markets, such as Three Card Poker, Ultimate Texas Hold’em and Caribbean Stud Poker, with a view to converting players of these games in the US to real-money play in land-based casinos.
Shuffle Master’s licensing for online gaming is the third such approval by the Nevada Gaming Commission since the state passed its interactive gaming regulations at the start of this year, after those issued to Bally Technologies and IGT last month.


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|By PR Newswire||
|November 5, 2012 11:00 AM EST||
BENTONVILLE, Ark., Nov. 5, 2012 /PRNewswire/ -- According to the 2012 Sam's Club Study on Holiday Cheer1, 50 percent of American consumers say that dinner with family and friends best defines holiday cheer. As homes across the U.S. prepare to host hungry guests this holiday, Sam's Club enlists all-star Pastry Chef Chris Hanmer to inspire hosts with time-saving baking secrets. As the newest member of the Sam's Club Simply Delicious Chef Brigade, Chef Hanmer is the founder of The School of Pastry Design in Las Vegas, NV and winner of BRAVO's "Top Chef: Just Desserts" 2011 competition. In 2012, Chef Hanmer shares unexpectedly easy-to-make dessert recipes and short but sweet baking tips at SamsClub.com/meals.
Using quality ingredients sourced from Sam's Club, Chef Hanmer unveils three straightforward recipes: His Crispy Holiday Vanilla Cookie makes a great DIY gift; Roasted Honeycrisp Apple Creme Brulee with fresh fruit is deceptively simple to bake; and Chef's Heavenly Holiday Chocolate Almond Cake (recipe enclosed) will satisfy guests with each bite. Members can follow Chef Hanmer's step-by-step instruction at SamsClub.com/meals "Tips & Videos" tab or view photos and printable recipes on the "Easy Recipes" tab.
"No holiday meal is complete without dessert. However, adding sweets onto the menu should not mean excess time in the kitchen," said Chef Hanmer. "When creating homemade desserts, I combine seasonal ingredients with baking essentials to lock in great holiday flavors without a lot of extra work. I can depend on the quality of ingredients at Sam's Club to stock the pantry for holiday baking - from oils, flour and spices to crunchy nuts and chocolate chips. Buying bulk sizes of these essentials is a great value, and from November to New Year's, I know I'll have all I need to sweeten every holiday occasion."
Holiday Taste of Sam's Club – Nov. 16 to 18
Like many all-star chefs, Hanmer recommends that to guarantee rave reviews, sample key menu items before serving to others. From November 16 to 18, Sam's Club gives members and guests a delicious opportunity to "try before they buy" at the 10th annual "Holiday Taste of Sam's Club" event. From 12pm to 5pm each day, Sam's Club provides free samples of the best bites in holiday entertaining, including:
- Gourmet-to-go cookies, artisan fresh pies and pre-sliced cheesecakes make special holiday desserts or delicious hostess gifts
- Elegant ready-made appetizers from chicken & bacon bruschetta to bacon-wrapped shrimp, pop in the oven and cheer up guests awaiting the big meal
- Fresh meats – from hickory-smoked and spiral-sliced ham to savory sirloin and leg of lamb, high quality meats are crowd-pleasing as a main course and as leftovers
The Holiday Taste of Sam's Club event is open to members and non-members from 12 p.m. to 5 p.m. on November 16, 17 and 18. Non-members can bring in a 1-day invitation to shop from the Holiday Taste of Sam's Club newspaper insert or visit Member Services to take advantage of holiday entertaining essentials and Club exclusives2. "Tastes 'n' Tips" associates will also recommend recipes and beverage pairings. Those preparing menus from home can visit SamsClub.com/holiday for interactive "how-tos" to simplify entertaining, including setting a lively tablescape or boning and butterflying a premium leg of lamb.
Simply Delicious: Chris Hanmer's Heavenly Holiday Chocolate Almond Cake (RECIPE)
Inspired by his winning TV recipe, Chef Hanmer created a heavenly chocolate almond cake that guests will cheer about. All ingredients are sourced from Sam's Club (while supplies last).
Prep Time: 30 minutes
Almond Caramel with Sea Salt
- ¾ cup granulated sugar
- 2 tbsp corn syrup
- ¾ cup cream
- 1 tsp vanilla extract
- 1/8 tsp sea salt
- ¼ cup toasted slivered almonds
- Warm the cream, sea salt and vanilla in a saucepot and set aside.
- Place the corn syrup and sugar in a saucepot over medium heat and cook until a golden caramel color has been reached stirring from time to time. Carefully and slowly add the warm cream to the caramel stirring well. Remove from the heat and add the toasted almonds.
Warm Chocolate Cake
- 4 oz dark chocolate
- ½ cup butter
- 3 eggs
- ½ cup all purpose flour
- 2 tbsp cocoa powder
- ½ tsp baking powder
- ¾ cup granulated sugar
- Preheat the oven to 350°F.
- Chop the chocolate and put it in a bowl with the butter. Using a microwave, heat for about 30 seconds at a time until liquid and hot.
- Using a stand mixer, whip the eggs with the granulated sugar until light. Slowly add the chocolate butter mixture. Sift together all the dry ingredients and fold into the chocolate mixture.
- Fill 4 4-oz oven safe dishes half way with the cake batter. Bake for 15 minutes. Remove from the oven, spoon the almond caramel sauce over the top of the cake and top with a scoop of vanilla ice cream.
For more festive favorites from Chris Hanmer, simply delicious holiday meal ideas and cooking tips, visit SamsClub.com/meals.
Now in its second year, the Sam's Club Simply Delicious Chef Brigade features nationally renowned restaurant and pastry chefs who create simple, flavorful meal solutions and show families that cooking at home can be just as easy and delicious as dining out. Visit SamsClub.com/meals for seasonal recipes, videos and cooking tips from other all-star Chef Brigade participants, plus a calendar of in-club sampling demonstrations, an interactive wine pairing app and the popular "7 Ways to Use" feature, revealing easy recipes that stretch one item across several meals.
About Sam's Club
Sam's Club®, a division of Wal-Mart Stores, Inc. (NYSE: WMT), is the nation's eighth largest retailer and a leading membership warehouse club offering superior products and services to more than 47 million members in clubs across the U.S., as well as in Brazil, China and Mexico. Members save an average of 34 percent over traditional retailers. To learn more about Savings Made Simple®, visit SamsClub.com, and look for Sam's Club on Twitter, Facebook, Pinterest and our Mobile and iPad® Apps.
Sam's Club Study on Holiday Cheer, September 12, 2012 (1000 total consumers by MarketVision Research)
 For non-members, a 10 percent service fee applies on all purchases made with the Invitation to Shop. Not applicable in CA, SC or Elmsford, NY.
SOURCE Sam's Club
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
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IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
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The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
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20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
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WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
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"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
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WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
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Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
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Jan. 16, 2017 01:45 AM EST Reads: 2,681


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Home Tags Inbound tourism
Tag: inbound tourism
JEDDAH - Saudi Arabia and the UAE are likely to see consistent growth in inbound tourism between 2010 and 2015, according to research unveiled at WTM Vision Conference, Dubai.
At a press conference in London at the Grand Connaught Rooms on March 14 at 11:00 am, the European Tour Operators Association (ETOA) will highlight three major problems that affect incoming tourism: t
SAN FRANCISCO - A new report Tourism Outlook: USA from Visa Inc. indicates the tourism industry has begun to rebound during the first six months of 2010.


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Berea Makers Market will host their third event with a Holiday Market to be held at the Russel Acton Folk Center on Jeffeson Strreet from 11 a.m. until 5 p.m. on Saturday, November 16.
Admission and parking are free. There will be handmade gifts and holiday treats, along with kids activities. Food trucks will also be on hand. For information go to www.bereamakersmarket.com.


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By Chris Taylor
OpenAI calling for AI regulation is a solid step in no direction
Now is the time to treat superintelligence like atomic energy, says the ChatGPT company. Here's why that makes no sense.
Star Wars TV in the Disney+ era: 12 seasons, ranked
Disney+ has now given us a dozen Star Wars TV seasons. We can't compare live action to animation, but we can rank both kinds of show.
All 12 Star Wars movies, ranked from worst to best
Lucasfilm's greatest franchise has yielded duds as well as classics. Here's a list that should end all arguments.
Elon Musk should be nervous about Tucker Carlson's firing
The Twitter owner and the Fox News star adopted their Trump-like personas at the same time. Carlson's firing doesn't bode well for Musk.
What does 420 mean? The 'stoner holiday' has a deeeep history.
The ultimate high holiday, 4/20, is upon us. But why do we use that number to refer to cannabis? Here's a brief history of its origins.
Memo to 'The Mandalorian': This is the way (to fix the show)
Something is rotten in the state of Mandalore.
How 'Succession' helped me grieve the loss of my father
'Succession' is far from the only TV show to represent parental death ('Buffy' got there first). Here's why it's the most cathartic.
Driving an EV in 2023 is both great and terrible. Here's why.
This year is an inflection point for electric cars. Here are the good and the bad points to consider when buying one right now.
Lucid Air Touring review: Experiencing a luxury EV in daily life
The award-winning, Tesla-beating EV now offers a somewhat cheaper version. But how does it feel to the average driver – and how does it handle winter storms?
The Lucid Air Touring EV reviewed by regular drivers
Driving around in the Lucid Air Touring for 10 days changes your behavior on the road and off it. Here's how.
The Microsoft Bing AI chatbot doesn't have human thoughts. Neither does your dog.
Sophisticated algorithms — and far more sophisticated pets — exploit our love of seeing human traits in everything. Don't be fooled.
The Lucid Air Touring test: How a luxury EV handles in snow
We drove the latest luxury EV over California's treacherous Donner Pass in winter. The car was more worried about ... a driveway?
Yes, we can reverse gray hair. No, we don't know why it works. Just chill.
Want your hair color back? Show your scalp to your doctor — and your boss.
The Lucid Air Touring test: How I sapped the electric vehicle's 425-mile range
We drove the latest luxury EV up to the snows of California's Sierra Nevada mountains — then had to suddenly hunt for a charger.
The Lucid Air Touring test: 10 days in the latest luxury EV
A skeptical driver meets the hottest thing in electric cars.
The Clippy of AI: Why the Google Bard vs. Microsoft Bing war will flame out
Are the tech giants playing with fire by introducing AI into their search tools — or playing themselves?
The top 10 'Hamilton' rhymes guaranteed to get stuck in your head
To appreciate the hit musical, you have to get down to verse level. Here are our favorites.
'Hamilton' deleted songs: How to put them back in the narrative
The tunes that Lin-Manuel Miranda cut from his Broadway show are more numerous — and more revealing — than you might think. Here's where they belong in the song order.
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'Enlightened' is your next TV binge if you can't stop thinking about 'The White Lotus'
Still dissatisfied, or obsessed, with Mike White's murder mysteries? Get to know his earlier HBO masterpiece.


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Global Meetings Industry Day is April 14, and Las Vegas has some pretty big plans to celebrate. Las Vegas Convention and Visitors Authority (LVCVA) and its resort partners are hosting a panel discussion on the growth and importance of the meetings industry at the brand new T-Mobile Arena.
The afternoon of festivities will mark one of the first events at T-Mobile Arena, which is slated to open April 6. Capable of seating up to 20,000, the arena gives Las Vegas yet another flexible, state-of-the-art venue for major events.
Las Vegas’ Global Meetings Industry Day presentation will include a keynote by Roger Dow, president and CEO of U.S. Travel Association. The panel will be moderated by Rossi Ralenkotter, president and CEO of LVCVA.
Global Meetings Industry Day Panel
The panel members reflect the role that Las Vegas and the gaming industry play in supporting meetings and events. Panelists include Michael Massari, senior vice president for national meetings and events for Caesars Entertainment; Chuck Bowling, president and COO of Mandalay Bay, a member of the MGM Resorts International family; Chris Flatt, executive vice president of hotel sales and marketing for Wynn Resorts; and Chandra Allison, vice president of sales for Sands Corporation.
Following the keynote and panel discussion, attendees will be treated to a tour of the arena. The arena is part of a new entertainment district just west of The Strip near New York New York Las Vegas Hotel & Casino and Monte Carlo Las Vegas Resort and Casino.
T-Mobile Arena is owned by AEG and MGM Resorts International and will be managed by MGM Resorts International. The $375 million project has been designed to achieve LEED Gold certification. The arena will host up to 150 events annually, ranging from concerts and award shows to sporting events.
The venue features extraordinary options for VIPs beyond its 50 luxury suites. Hyde Lounge is an exclusive nightclub, which will offers views of the show, concert or sports taking place below. In addition to the arena, the project includes a two-acre outdoor Toshiba Plaza for pre-event functions and special events.


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Lynk & Co chief executive has said that he will not employ franchised car retailers to sell his subscription-based SUV mobility service, branding showroom visits as what car buyers “hate most”.
Geely’s Lynk & Co brand has claimed the title of the ‘world’s fastest growing car manufacturer’ after 120,414 sales in its parents company’s home market in its first year on sale.
Lynk & Co claimed that it had become “the fastest selling car in the world” as online pre-orders of its 01 SUV sold out in seconds in Chinese market, ahead of its global roll-out.
Geely Holdings will once again bypass “traditional” car dealerships when the Polestar brand enters the UK in 2019.
Geely Auto Group has launched new global car brand Lynk & Co with the intention of pursuing a retail proposition which cuts traditional retailers out of the equation.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues


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For those wanting to get their bearings in the fast-developing cannabis industry, attending New West Summit 2019, October 10-11 in San Francisco, is the perfect event option. Set to be held at the Bespoke Event Center in Westfield Mall, the event – now in its fifth year – will gather decision makers from the technology, media and investment sectors to discuss the forces shaping the future of the cannabis industry.
New West Summit 2019 attendees will be treated to an array of presentations, displays by more than 50 exhibitors, a smorgasbord of food and drink and plenty of networking opportunities. Over 100 speakers will be on hand to share their experiences in the space. Event sponsors include Media Jel, Wes Martin Cannabis, New Frontier Data and CannabisNewsWire. The summit will feature 30 sessions, each lasting about 45 minutes. Each day of the conference will culminate in a burst of music and celebration.
Keynote speakers at New West Summit 2019 are scheduled to include Alicia Silverstone, Paul Rosen and Paul D. Miller. Silverstone achieved global recognition for her performance in the 1995 blockbuster Clueless. A vegan for over two decades, her book, titled ‘The Kind Diet: A Simple Guide to Feeling Great, Losing Weight, and Saving the Planet’, became a New York Times bestseller. She is the co-founder of mykind Organics, the first-ever food-based, certified organic and non-GMO project-verified vegan supplement line.
Rosen is co-founder of Pantry Food Co., a cannabis company focused on the functional food market. He is also managing director of BreakWater Venture Capital, which has invested in more than 150 cannabis companies.
Paul D. Miller, aka DJ Spooky, is a composer, multimedia artist and writer whose work has captivated audiences with its blend of genres, global culture and environmental and social issues. He has collaborated with a range of recording artists, including Metallica, Chuck D, Steve Reich and Yoko Ono. His 2018 album, ‘DJ Spooky Presents: Phantom Dancehall’, debuted at number three on Billboard Reggae.
Finally, New West Summit is honored to have Michael Render, also known as Killer Mike, on board. As an activist, businessman and artist, Killer Mike has quite the range of experience. Killer Mike has won a Grammy award, created the Bank Black program encouraging citizens to use Black-owned banks, and works to support political candidates that advocate for ordinary people.
In addition to the keynote addresses, conference sessions will include ‘New Banking in a Gray Market’, which focuses on state and federal cannabis legislation; ‘Technology & Innovation for Brand Growth & Sustainability in the Cannabis Industry’, which will explore how big data is allowing cannabis brands to predict trends, meet consumer demand, reduce costs, improve efficiencies and maximize sales; and ‘Gene to Seed to Sale: Why Is This Important & the Best Tracking Apps’, which will take a look at the apps that monitor seed genealogy, cultivation, customer service, delivery and other cannabis business areas.
Don’t miss out on this must-attend event. Attendees can currently secure a 50 percent discount when registering (http://cnw.fm/36wDs).
For more information, visit the event’s website at www.NewWestSummit.com
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
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For more information please visit https://www.cannabisnewswire.com
Do you have a questions or are you interested in working with CNW? Ask our Editor


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Households hit by £53 power bill hike: GB Energy Supply increases gas and electricity by 7% and experts fear Big Six will follow
Hike: GB Energy Supply is increasing gas and electricity prices by 7 per cent from August 21
Another energy supplier has hiked its prices — and experts fear the Big Six will soon follow.
GB Energy Supply is increasing gas and electricity prices by 7 per cent from August 21.
Customers on its variable rate tariff, who typically pay £757 a year, will see their bills shoot up by £53 to £810.
In an email to customers, the energy minnow blames the increase on a 70 per cent rise in the price of oil since January.
At the start of the year, the price of oil had sunk to below $30 a barrel. It is now hovering around $50 a barrel. However, this is still less than half what it cost two years ago.
It comes after Ovo Energy increased its gas and electricity prices by 7 per cent in June.
Experts say if the price that power firms pay for energy continues to rise, the Big Six suppliers could increase bills as early as this autumn.
Energy firms have already started pulling their best fixed deals. In the past two weeks alone, the top ten tariffs have increased by an average of £46.
Households are being urged to lock into a cheap fix.
The cheapest one-year deal is with Avro costing an average of £737 a year. GB Energy’s cheapest fix costs £780 a year.
Luke Watson, managing director of GB Energy, says: ‘Wholesale energy prices have increased by 30 per cent in the past three months.
‘We’ve protected customers for as long as possible, but are now having to increase our variable rate tariff — as are most other energy suppliers.’
Some of the cheapest tariffs have been withdrawn and replaced with those costing up to £105 per year more, according to uSwitch.
One of the largest price hikes is from Extra Energy, which upped its cheapest tariff by £105, followed by Sainsbury's Energy with an increase of £94, OVO rising by £63 and First Utility adding on £48.
Of these price hikes, 12 have taken place since the Brexit vote suggesting that the market instability following the decision has influenced energy prices, according to uSwitch.
Tom Lyon, energy expert at uSwitch, commented on the findings: 'For nearly three years, wholesale gas and electricity prices have been falling, leading to cheaper and cheaper fixed term deals for consumers.
'But with concerns about future UK energy supply, the impact of Brexit and a weaker pound, we are starting to see some suppliers increase the price of their cheapest deals.
'There are still some very competitive deals on the market, offering significant savings against the average big six standard variable plan.
'Consumers concerned about rising energy costs should shop around and consider switching to a fixed term tariff, offering protection against any potential future price hikes.'
COULD YOU SAVE MONEY BY SWITCHING?
With energy prices tipped to go up, now it is more important than ever to make sure you are getting the best deal on your gas and electricity.
Energy tariff prices are in a constant merry-go-round with suppliers battling to pinch customers - you - from each other.
Shrewd consumers can take advantage of this by doing exactly that - reviewing deals every six months to a year to ensure they are on THE cheapest deal. Even moving every other year will save you significant amounts.
If you are one of the millions of people who have NEVER switched (i.e. stuck with your original supplier), then you should save a big chunk of cash, possibly more than £500 a year, according to energyhelpline.
Remember, suppliers offer their cheapest rates via online tariffs, while prices are different all over the country and the cheapest supplier for you will depend where you live.
You only need to be interested in the tariff that is going to be cheapest where you live, so do your own postcode comparison using the tool above - or here - to find the best price.
- For full details of how to switch your provider and where to find the best deals check out This is Money's switching guide.
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Universal Pictures is currently developing a new movie in the “Jurassic World” franchise, with David Koepp, the screenwriter of the original “Jurassic Park” and its sequel “The Lost World: Jurassic Park,” set to write the screenplay. The announcement was made by The Hollywood Reporter on January 22, 2024.
The question on everyone’s mind is whether Mattel will continue to hold the license for the upcoming movie or if Hasbro or another toy manufacturer will take over the helm. Mattel has been the official toy manufacturer for the “Jurassic World” franchise since 2018. However, Hasbro had the license for the “Jurassic Park” franchise from 1993 to 2015. In 2015, Hasbro embarked on a journey to capitalize on the dinosaur frenzy with their “Jurassic World” toy line, but their efforts fell flat, leaving many puzzled by the lackluster performance. Fast forward three years later, and the license shifted to Mattel.
It is possible that Hasbro may try to regain the license for the “Jurassic World” franchise. However, there is no official statement from Hasbro or Universal Pictures regarding this matter. Another possibility is that a new toy manufacturer may take over the helm. It is worth noting that Mattel and Hasbro have teamed up in the past for licensing deals. They recently collaborated for licensing deals for Barbie and Transformers, which were tied to major theatrical releases.
It is still unclear whether Mattel will continue to hold the license for the upcoming movie or if Hasbro or another toy manufacturer will take over the helm. We will have to wait for an official statement from Universal Pictures to know for sure.
Should Mattel continue produce toys for the new Jurassic World movie or should another company take over the helm. Let us know in the comments below!


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BUBBLY BATTLE’S FIZZING FOR CHEAP CHAMPAGNE
Market research expert Helen Stares
SUPERMARKETS have started a Christmas bubbly price war by selling champagne for just a tenner.
Asda has dropped the price of its Dubois-Caron Brut from £24.21 to just £10, prompting Sainsbury’s and Aldi to follow with champagne prices of £12 and £12.99 respectively.
Lidl, Morrisons and the Co-op also have deals on offer for their bubbly.
Market research expert Helen Stares said: “So much of the year’s performance for brands and retailers comes from Christmas, and so the competition has started early.
“We will see more discounting happening on other items such as whisky and port as Christmas gets closer.”


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Apple's been slapped with a $9m fine by the Federal Court over the Error 53 issues back in 2015 & 2016. The ACCC alleged that Apple's policy of telling customers to get lost if their iPhone or iPad had this error due to 3rd party repairs was against Australian consumer law. According to the ACCC, "the court declared the mere fact that an iPhone or iPad had been repaired by someone other than Apple did not, and could not, result in the consumer guarantees ceasing to apply, or the consumer's right to a remedy being extinguished". Apple will now offer ~5,000 customers compensation if their devices were impacted by Error 53 and, will also change its policy to give customers a new device instead of a refurbished device if it needs to be replaced.
Amazon Prime has launched in Australia. Cheaper than Amazon Prime in the USA, our Amazon Prime will cost $59/yr or $6.99/m. For your money you get free 2-day delivery on items shipped by Amazon AU, discounted next-day delivery and free international delivery on items shipped by Amazon USA but purchased on Amazon AU. There's also Twitch Prime (free games and in-game loot), Prime Reading (heaps of e-books you can slap on your Kindle or Kindle app for free) and Prime Video (Netflix but with Amazon's content). I'm not a big Amazon shopper, so don't think I'll use $59/yr worth of shipping to bother paying, but if you think you'll be buying a lot of stuff off Amazon AU, go for it.
The Optus World Cup streaming debacle took a fascinating turn yesterday with the Prime Minister, yes, the Prime fucken Minister wasting his precious time to call the Optus CEO and check up on how this private company is going with its technical issues. Not long after that, SBS announced they will broadcast every World Cup game on free-to-air TV over the next 48 hours whilst Optus gets their shit together. Meanwhile, Optus is giving out Fetch Mini set-top boxes to disgruntled customers, but seem to have run out and many stores can't figure out how to give them away on their internal systems.
The World Health Organisation has added "gaming disorder" as a mental health condition in the 11th edition of the International Classification of Diseases. There's three characteristics that must last for more than 12 months that can lead to a gaming disorder diagnosis - 1. gaming behaviour takes precedence over other activities, 2. even when negative consequences occur, the behaviour continues and 3. "significant distress and impairment in personal, family, social, educational or occupational functioning". The linked article also mentions that there is some research saying that gaming addiction is a symptom of other issues like anxiety or depression. When those issues are dealt with, the amount of time dedicated to gaming goes down.
Elon Musk sent an email to all Tesla employees to tell them about a pissed off Tesla employee who failed who receive a promotion had made "direct code changes to the Tesla Manufacturing Operating System under false usernames and exported large amounts of highly sensitive Tesla data to unknown third parties". Elon seems to think that there's more to it than a disgruntled employee though, and believes the "long list of organizations that want Tesla to die", like "Wall Street short-sellers", "oil & gas companies" and "big gas/diesel car company competitors" got the Tesla employee to deliberately sabotage Tesla's manufacturing operations. Musky sounds like he's wearing a very thick tinfoil hat, but with the money at stake on the success of the Model 3, I honestly don't think he's exaggerating.
Apple put out a press release to announce that with iOS 12, when you call 911 within the USA, the person on the other end will automatically receive your location co-ordinates. Apple is using a system called RapidSOS in conjunction with its own HELO (Hybridized Emergency Location) system, as RapidSOS integrates with emergency call centre dispatch software. This feature will be built in to every iPhone running iOS 12, no extra app necessary. The press release also says that 80% of 911 calls originate from mobiles, so it makes so much sense to use the GPS chip inside all those phones to send precise location info automatically.
Battlefield V is the latest instalment of the Battlefield franchise from EA, where if you're unfamiliar, you go around shooting people and pretending to be a brave soldier. In this new version, EA decided to add a woman as a playable character. Not that big of a deal right? Wrong - it's apparently an absolutely massive deal to the manbabies on /r/battlefield who whinged so hard about the game "no longer being historically accurate" that the mods had to declare a blanket ban on the topic and put out an ultimatum saying they'll ban whoever brings it up. Gaming culture can be so pathetic.
That's it, see ya tomorrow!


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British e-tailer ASOS has long been at the top of this particular editor’s list of favorite places to shop, but its latest move is making me fall in love all over again. Taking its name to heart (ASOS stands for As Seen On Screen), the fashion giant will now show all new products on multiple models in a range of sizes to help shoppers better imagine how the pieces might look on their own body. Genius.
Even more interesting might be the fact that ASOS didn’t make a formal announcement about the feature until after it was mentioned by a Twitter user and retweeted by multiple excited fans.
While still new to the site and the app, this is an inspiring step toward making body inclusivity a standard in the fashion industry. Now excuse us while we go stock up on all the spring dresses.


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Published Date : Jul 23, 2014
China’s wants to ensure that its pollution-reduction plans aren’t mired in red tape, regional protectionism, or the lack of policy regulation. The country is leaving no stone unturned to entice consumers into purchasing new-energy vehicles instead of those that run on gasoline and diesel. China’s State Council issued a comprehensive guideline Monday that paves the way for promoting new-energy automobiles in the country. Among other development plans, the guideline talks about increasing the number of electric charging facilities for vehicles and doing away with regional protectionism.
This new guideline emphasizes on mapping charging facilities and creating world-class technological standards for the same. The government has urged non-governmental organizations to fund this project by participating in the construction of charging facilities across the country.
The guideline lays down 25 specific policies, of which seven specifically relate to the improvement of charging facilities on several fronts including: affordable electricity prices, urban planning to efficiently accommodate such facilities, and effecting technological improvements. The government is keen to being about standardization with these guidelines, which prohibit local governments from making their own standards pertaining to charging facilities as well as new-energy vehicles. Furthermore, regional governments will not have the authority to ask auto producers for additional requirements. This, the government hopes, will increase the penetration of electric and new-energy vehicles in mainland China as well.
The Chinese government will start from its own offices, with the public sector poised to set an example in the use of alternative energy automobiles, according to the guideline. It also adds that over the next two years, alternative energy vehicles should occupy at least 30% of the total new vehicles purchased by government departments.
Consumers purchasing such vehicles will be eligible for tax cuts that will be in effect from September 1, 2014 to December 31, 2017, the guideline stated.


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Business News›mela ventures funding
MELA VENTURES FUNDING
IoT startup Doppelio raises $1.2 million in funding from Axilor, Mela Ventures
Founded in 2019 by Gaurav Johri, Sharmila Saha, and Rajesh Kathirvelu, Doppelio works with clients from diverse industries such as automotive, industrial engineering, manufacturing and connected products.
These new fangled money traps can hurt millennials and their finances
Like any generation before them, millennials and Gen Z also remain vulnerable to money traps. Only, the temptations now come in different shapes.
Tessol’s cold chain solutions delivers one billion products, expands to international markets
The company says 5 out of top 10 food manufacturers trust Tessol Cold Chain Solutions and the company has now expanded its operations to overseas markets.
Tessol raises Rs 7.5 crore from Mela Ventures
The funds raised will be utilised in geographical expansion, capacity and team building, new products, and application development.
Inflection Point Ventures launches $50 million fund
The fund, which is expecting a nod from the regulator, will look to invest in companies across sectors such as consumer tech, edtech, healthtech, fintech, B2B SaaS (Software as a service), social and content commerce
- Go To Page 1
Early-stage venture capital firm Mela Ventures raises Rs 320 croreThe VC firm, set up by former Mindtree founders Krishnakumar Natarajan and Parthasarathy NS, will back companies in the business-to-business (B2B) segment.
Inside IISc Bangalore's Incubation LabIndian Institute of Science Bangalore's (IISc Bangalore) Society for Innovation and Development has turned into a hub of deep science startups, translating innovative ideas into commercial products.
One election, varied issues: Why this Bihar poll battle is not like the last threeAnti-incumbency, the return of ‘Jungle Raj’, financial hardships in corona times and widespread unemployment — there are many issues and the priorities vary from constituency to constituency and also depending on the voter’s historical inclination, often based on caste lines.
Mindtree founders set up Rs 200 crore fund to invest in B2B tech startupsMela Ventures will invest upto $1 million in companies in areas such as artificial intelligence, machine learning, augmented reality or virtual reality and quantum computing. The firm has already shortlisted a AR/VR firm that is focused on the retail industry in which it would invest later this month.
Stocks in the news: YES Bank, Petronet LNG, Cipla, RCap and Dr Reddy's LabsThomas Cook India said it is not related with UK-based Thomas Cook PLC.
Electric vehicles will help in cutting imports and pollution: Nitin GadkariNitin Gadkari said his immediate agenda is to revive the stalled highway projects.
How online platforms for handcrafted products are proving to be a boon for craftsmenOnline platforms are connecting customers directly with craftsmen for the sale of their products removing the middlemen.
After Pune, Nashik is emerging as latest hub for tech startups in IndiaRoughly 200 km away, in Pune, Nashik the newest hub for tech startups in India, there is a similar spot: Parvati Hill.
Food festivals are hot new trend in the metros. But how viable is the business?Why indeed has the revitalised mela become so popular? And what kind of business really does it make, for both organisers and participants?
Anant Learning raises seed funding from Ennovent, Upaya Social VenturesMembers of the Ennovent Circle, the Ennovent Impact Investment Holding and Upaya Social Ventures, on Tuesday said it has closed an undisclosed seed investment round in Delhi- based Anant Learning & Development.
Hackathons seek to tap business models that can scale up ideas into startups; catch the eye of TCS, Google, Microsoft and WiproTwo hackathons kicked off in different parts of India last weekend to address specific objectives, signifying coming of age of marathon coding events.
No more goofing about, hackathons mean businessUS-based Science Inc conducted its first hackathon in the world in Bengaluru with the intention of converting ideas into companies if possible.
Tata, Reliance, Airtel, Infosys collaborate with startup ecosystem to find the next big ideaGenNext Ventures, the venture capital arm of Reliance Industries, has partnered with Microsoft Ventures to launch the GenNext Innovation Hub.
Social venture capital firm Aavishkaar invests Rs 18.6 crore in Mela ArtisansMela has launched collections with a number of high-end retail boutiques and chains, including, Neiman Marcus, Bergdorf Goodman and Bloomingdales.
Vedanta rejection at Niyamgiri won't be the last; jinx of bauxite mining may continueThe rejection of Vedanta at Niyamgiri is not the first for a corporate in bauxite mining in India. Chances are, it won’t be the last.
So what ails India’s private equity industry?The industry itself is silently losing credibility, while it has enormous potential for becoming a genuine engine of innovation and growth.
Idiom Design: Sketching future moves for startupsSonia Manchanda leads one of India’s largest integrated design practices, Idiom Design, with a portfolio that includes work on the design aspects of the 2010 Delhi Commonwealth Games.
How Ghari overtook FMCG majors Lux and Surf to be No. 2 detergent brand in quick timeIt took 15 years for Ghari to hit Rs 500 cr in sales. The next 10 years saw it adding another Rs 1,700 cr and be second only to Hindustan Unilever's Wheel.
India through the eyes of Rene SeifertSeifert came to India in 2003 and met officials from the Indo-German Chamber of Commerce, apart from local lawyers and chartered accountants. Convinced of his decision, he launched Level 360 the same year.Load More
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Despite a lack of community transmission in the ACT, customers shopping at Canberra Bunnings and Woolworths supermarkets will be “strongly encouraged” to wear face masks from Monday 3 August.
Bunnings Chief Operating Officer Deb Poole said that from Monday, they will require their team working in NSW, the ACT and in Queensland hotspots, to wear face masks.
“From Monday we will also strongly recommend that all customers wear a face mask or face covering when they visit a Bunnings store or Trade Centre across NSW, the ACT and parts of Queensland where there is COVID-19 spread,” she said.
“Bunnings customers will be provided with an option to purchase a mask as they enter our stores should they wish to do so.
“While we’re not mandating customer use of face masks in these locations, we greatly appreciate customers getting on board to help protect everyone,” she said.
Bunnings will continue to supply facemasks for their staff, but they will also have the option to use their own fabric masks if they prefer.
Similarly, the proactive announcement from Woolworths comes due to “increasing numbers of COVID-19 cases in NSW”, and extends to “customers, teams and visitors across all Woolworths Group stores and sites in NSW”.
Group stores include Woolworths Supermarkets, Woolworths Metro Food Stores, BIG W, Dan Murphy’s, BWS and ALH Hotels in the ACT and NSW.
Woolworths Group CEO Brad Banducci said they feel it’s important to lead the way in helping reduce community transmission of COVID-19.
“Even though wearing a face covering is not mandatory in NSW, ACT or Queensland, as the largest private sector employer with stores in almost every community … we’re asking our teams to lead by example,” he said.
“By encouraging and role modelling their use, it will further support the steps we need to collectively take to stop the spread of the virus and keep our team and customers safe.”
Mr Banducci said face coverings are being provided to all Woolworths Group team members to wear and will continue to be “for the foreseeable future”.
ACT Health Minister Rachel Stephen-Smith today said due to a lack of community transmission in the ACT the efficacy of masks is “likely to be pretty limited”.
“In relation to Woolworths, obviously it’s a multi-jurisdictional business and they’ll make decisions, they’ve made a decision in the ACT that also applies in NSW,” she said.
“Masks generally aren’t required in the ACT for people going out and about in their normal business.”
Ms Stephen-Smith said it would be a sensible additional precaution for people who travel to the ACT from Sydney to wear a mask if they have one.
“People who are coming to the ACT from Sydney … Again, we’re not seeing community transmission even in the Greater Sydney region at this point in time.
“The risk is low for those people, but we have identified that risk as a precautionary response … it’s not necessarily a recommendation at this point in time.”
A Coles spokesperson told Canberra Weekly they will not be making a similar request of their customers across the ACT and NSW.
“Health authorities continue to advise that physical distancing and regular hand-washing are still the best defence against COVID,” they said.
“While they are not currently mandatory in NSW or QLD, masks are also available in those states for team members who wish to use them.”
In Queensland, customers and teams across Woolworths Group stores and sites within hot spot areas will also be strongly encouraged to wear face coverings from tomorrow, 1 August.
This is in addition to the mandatory requirements for face coverings in all of Victoria, currently in place across Melbourne and Mitchell shires, with the entire state now included from Sunday 2 August.


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LOS ANGELES -- As part of its continued commitment to fighting hunger in the local community, Kroger-owned Ralphs Grocery Co. plans to mark National Hunger Awareness Day on June 6th with donations of cash and food totaling $4 million.
Through "Bringing Hope to the Table," a two-week campaign to raise funds and product donations which begins May 31 at Ralphs and other Kroger-family stores, the company expects to generate $3 million in cash and $1 million in food donations for America's Second Harvest network -- the nation's largest domestic hunger relief agency. A number of key manufacturers are also working with Kroger to bring this vital support to local food banks serving Southern California and other communities where Kroger has operations.
"Ralphs has a firm commitment to give back to the communities that our customers and associates call home," said Dave Hirz, president. "As a major grocer serving Southern California, we're especially pleased to support the fight against hunger right here in our community."
During the promotion, each time a Ralphs customer purchases an eligible item, contributions to America's Second Harvest-affiliated food banks in Southern California will increase. Participating items will be clearly marked with pink "Bringing Hope to the Table" shelf tags, including products made by Kellogg, Coca-Cola, ConAgra, Nestle, Edy's/Dreyers, and a number of brands represented by Acosta Sales and Marketing.
Ralphs Grocery Company operates 283 supermarkets in California.


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Update: Silk Road allegedly did 9.5 million Bitcoins worth of business. Also added information about the Bitcoin price drop.Drugs were the easy part for Silk Road -- finding a way to sell them online was harder.The online drug bazaar Silk Road claims it was attacked by hackers who exploited a flaw in the Bitcoin system and stole millions of dollars.
The DEA Seized Bitcoins In A Silk Road Drug Raid | TechCrunch
Back then, while Bitcoins were cheap, the volume on the Silk Road was very low.It appears the Federal Bureau of Investigation has finally cracked down on Silk Road,. Bitcoin. The Verge has.The digital peer-to-peer currency Bitcoin has seen its price bounce back after a market crash in April.Bitcoin News in Review: Silk Road 2.0, Changetip, Bitcoin Price, and More.
NO2X: Breaking Bitcoin Shows No Love for the SegWit2x Hard Fork in Paris.The website Silk Road was closed in 2013 following raids by the FBI and other agencies amid.The fourth and final auction of US Government-seized Silk Road. will be on the price of Bitcoin once.
Silk Road, Copycats And Nostalgia | PYMNTS.com
What do Bitcoin startups think about the Silk Road. from the Silk Road forfeiture drive the BTC price.Nobody really knew how big a part of the Bitcoin economy the Silk Road really played.Disgraced Secret Service Agent who embezzled confiscated Silk Road Bitcoin has now admitted he stole more than he originally admitted to. Price Analysis.However, the price of bitcoin has since tripled (and at one point increased nearly tenfold before falling back down), leaving the government with an even more valuable asset.
Silk Road Auction Pushes Bitcoin Prices Up - softpedia
I would publish anyway because that would mean that the Bitcoin.
The site, hidden on the Tor network has long been one of the.Citi Group has released a Bitcoin price analysis regarding the Silk Road auction.In the underground world of the deep web there are few places as nefarious as Silk Road.
Somebody Hacked Into Silk Road 2 and Stole All the Bitcoins
Bitcoin Auction: U.S. Government Selling Black Market
Bitcoin and the “End” of Silk Road – The Ümlaut
MADRID (MarketWatch) -- Hackers drained an entire bitcoin wallet belonging to Silk Road 2, which was launched in October after the Federal Bureau of Investigation.
Who Sets Bitcoin's Price? - The Balance
San Francisco — The price of the bitcoin digital currency dropped on Wednesday, after U.S. law enforcement authorities shut down Silk Road, an online marketplace.
The biggest stories in bitcoin delivered weekly to your inbox.The final Silk Road bitcoin auction took place on Thursday, November 5th and unfortunately,.Their expectation of a negative effect on Bitcoin price is very unlikely.US Marshal Service To Auction Off 50K Bitcoins From SilkRoad Haul.The fundamentals dynamics since the second Bitcoin auction have changed a lot.Somebody just hacked into the resurrected version of the Silk Road (a.k.a. Silk Road 2.
Silk Road seizure grants US gov bitcoin windfall - Buy
Cybersecurity Firm Reports All Fortune 500 Companies Exposed on the Dark Web.Buy Silk Road Bitcoin 1 Oz.999 Copper Commemorative Coin: Everything Else - Amazon.com FREE DELIVERY possible on eligible purchases.
Using Silk Road : Bitcoin - reddit
Videos, stories and updates. Bitcoin price falls fast on news of Silk Road seizure.US Marshal Service To Auction Off 50K Bitcoins From SilkRoad. and price change of Bitcoin,.But according to a report from McAfee, the currency is still thought to have potential criminal uses.
Silk Road: US agent jailed over bitcoin theft - BBC News
Toggle navigation. When was the last big sell-off of Bitcoin.The Federal Marshal Service has finished auctioning off thousands of bitcoins seized when Internet black market Silk Road.The US Marshals Service has managed to sell all Bitcoins from the Silk Road bust last year, nearly 30,000 of them.
Find great deals on eBay for Silk Road and silk road. silk road shirt bitcoin drugs bitcoin shirt silk road. eBay determines this price through a machine.After cracking down on the now-defunct Silk Road online marketplace where.The price of bitcoin,. U.S. Prosecutors Accuse Shaun Bridges of Additional Bitcoin Theft In Silk Road...How a Bitcoin Whitehat Hacker Helped the FBI Catch a Murderer.
Bitcoin: Can Cryptocurrency Become a Trillion-Dollar
Recent developments in the Bitcoin community require a re-evaluation of my Bitcoin Price analysis.Many deployers think antiskimming solutions require a tradeoff between uptime and security — is it really just wishful thinking to imagine having both.
Bitcoin price plummets following FBI seizure of Silk Road
Chinese Demand Rallies Bitcoin Prices, Online Services to