text:
Apps & Games
Nokia 9 PureView
… this isn't the forums?
Unfortunately, the forums have been discontinued. All discussion has been moved to the comments section of our articles, so start clicking on the topics you're interested in to dive back into the conversation!
Samsung delays Galaxy Fold release, new launch date to be announced in the coming weeks
C. Scott Brown
April 22, 2019
From OnePlus 6T to OnePlus One: A week with a 5-year-old phone
C. Scott Brown
5 hours ago
Samsung Galaxy Fold issues: What’s happening, what can Samsung do about it?
Scott Adam Gordon
1 hour ago
This is why 100MP smartphones seem like a terrible idea
April 21, 2019
2nd-gen Google Glass reportedly coming in 2015, may target professional users
The Wall Street Journal reports that Intel is going to power the next Google Glass with its silicon, and the product will be aimed at businesses.
December 1, 2014
Google Glass Explorer Edition now open to any U.S. resident
In a huge step forward for Google's Glass, starting today, as an open beta, anyone in the US can purchase Glass Explorer Edition, as long as Google has them in stock.
May 13, 2014
Google Glass is available to all users today only – should you pick one up?
Today only, Google Glass is available to any U.S. based consumer interested in buying it for $1500. Should you make the purchase?
April 15, 2014
Google offering Glass for sale to any U.S. consumer on April 15th, limited stock available
On April 15th, Google will offer Glass on sale to any U.S. consumer for $1500, will its limited supplies last. The price will include shades or prescription glasses, for those interested.
April 10, 2014
Google expands Glass availability, Explorers can invite friends to buy a pair of their own
Google’s begun a broader, referral-based rollout of Glass, but you have to be friends with a Google Glass Explorer to take advantage.
July 31, 2013
First instance of augmented reality on Google Glass
Brandyn White and Andrew Miller have demoed a Mirror API version of their augmented reality project known as “OpenGlass,” an open-source library for Google Glass.
July 17, 2013
Google Glass Explorers to receive enigmatic package from Google X
Google Glass Explorers are getting a package with a mysterious content via UPS. The contents is yet unknown.
June 13, 2013
Mirror API for Google Glass released
Google released the Mirror API for Glass today, giving developers a head start for getting their apps up and running on Glass. We won’t see much yet, as Google has asked Developers to ...
April 15, 2013
Google hiring Glass ‘advisors’ to aide owners
Google is hiring up to 40 “advisors” to help people over the phone, or at events, who will soon receive the next-generation eyewear.
April 11, 2013
Google Glass Explorer Program comes to an end
The Google Glass Explorer Program has come to an end after thousands of winners have been chosen.
April 2, 2013
End of the line!
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Target CEO Brian Cornell and Levi's CEO Chip Bergh believe the new Levi's products will eventually turn into collectors' items, the Associated Press reports.
Vintage denim pieces by Levi's are already treasures to some collectors, with clothing going on eBay right now for up to $15,000.
The new items, including tableware, quilts, and pillows, will be available in most Target stores Feb. 28.
"We immediately connected on our mutual passion for purposeful and timeless design, with sustainability and quality at the core of everything we do," said Karyn Hillman, chief product officer at Levi’s. "We dialed up the best elements of our two iconic brands and discovered fresh new ways to create truly unique products to be enjoyed for years to come.”
It's an opportune time for Levi's and Target to partner up on home goods, as Americans are spending more time at home than ever before due to the coronavirus pandemic.
The home goods collaboration is the latest evolution for the two companies' partnership, as Levi's first started selling its affordable Denizen denim brand in Target stores in 2011 and expanded with its Red Tab brand in Target stores two years ago.
The Associated Press contributed to this report.

domain: news


text:
OnePlus has now officially released a new upgrade to the one plus 5T smartphone. The update is being rolled out as Over the Air one.
The update being rolled out to oneplus 5T comes as OxygenOS 4.7.4. It comes with a size of 285 MB. The update has a good enough size
Chinese manufacturer OnePlus introduced the OnePlus 5T smartphone back on 16th this month. The smartphone seems to be well received by users across the globe.
Now the company is rolling out an update to the OnePlus 5T smartphone. The latest update is first ever for the newly unveiled smartphone. It comes with
Earlier today at an event in Brooklyn, New York OnePlus unveiled it's latest flagship, the OnePlus 5T.
OnePlus 5T isn't something extraordinary or a true successor. It is an upgrade to the already available OnePlus 5 with some innovative changes. The OnePlus 5T comes with a big full screen display having
We have previously reported that OnePlus has an event on 16th November. It was already made clear that the OnePlus 5T will be announced on 16th November.
Now the company has finally unveiled the smartphone at an event in Brooklyn, New York. In terms of specifications, the OnePlus 5T is nothing
OnePlus has just few hours to go before the official announcement of the OnePlus 5T smartphone.
Now we have some interesting information about the upcoming OnePlus 5T. The latest information is all about the pricing of OnePlus 5T. As per the latest leaked sheet, pricing of the OnePlus 5T is same
GFXbench has a very good track record of showing some very true and correct information about an upcoming device, specially smartphones.
Now the GFXbench listing is all about the upcoming OnePlus smartphone, the OnePlus 5T. The OnePlus 5T smartphone is now seen on the benchmarking site GFXbench. As per the GFXbench
OnePlus 5T is the upcoming flagship from Chinese OEM OnePlus. The company has an event on 16th November this year where the upcoming OnePlus 5T will be announced.
Now just before few days remaining, we now have another render of the device. The latest leaked render shows us Black colour of
OnePlus has now officially confirmed that it's upcoming smartphone will be called the OnePlus 5T. The OnePlus 5T will be an upgrade to the already available OnePlus 5.
Now the company has shared a new teaser for the OnePlus 5T. The latest teaser shows us the OnePlus 5T from the back
Earlier this week we reported about an upcoming product from Chinese smartphone OEM OnePlus, the OnePlus 5T. We have already seen some leaked information about the upcoming OnePlus 5T.
Now we have the official data of unveiling of the OnePlus 5T. We have an image that tells us the launch date
It is speculated recently that OnePlus is bringing a new smartphone and that will be there OnePlus 5T. The company unveiled a new smartphone back in November last year and that was just a minor upgrade over the OnePlus 3.
Now it's time for us the get ready for another smartphone
As we are getting closer to the November, we expect to see a new smartphone from OnePlus. Last year OnePlus unveiled a new smartphone called the OnePlus 3T. The OnePlus 3T was successor to already available OnePlus 3 with some improvements in it.
Now in 2016. We expect to see a


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Obama Admin. to Supreme Court: Allow Warrantless Smartphone Searches
August 22, 2013 7:12 PM
comment(s) - last by
Administration is upset about Circuit Court ruling that prohibits warrantless smartphone searches
President Barack Obama's (D) Assistant Attorney General (AG), Mythili Raman, and the
U.S. Department of Justice
(DoJ) have filed
to the Supreme Court of the United States (SCOTUS) to consider overriding a July decision by the
U.S. Court of Appeals for the First Circuit
warrantless cell phone searches
were a violation of the Fourth Amendment. The 1st Circuit Court sets precedent for Maine, Massachusetts, New Hampshire, Puerto Rico, and Rhode Island.
The Obama administration has
oft made the argument
that the Fourth Amendment -- which protects a citizen's "houses, papers, and effects, against unreasonable searches and seizures" --
is "inconvenient" for law enforcement
and should be pruned back to a much more limited form. In its argument in favor of
warrantless smartphone searches
, the President's staff argues that notebooks, calendars, and pagers have all been found in past SCOTUS or Circuit Court rulings to be searchable without warrant (not eligible for Fourth Amendment protections).
on academic law blog "The Volokh Conspiracy",
George Washington University
law school professor
, a prominent social libertarian points out a major flaw in the Obama administration's argument.
The Obama administration is pushing for warrantless smartphone searches.
[Image Source: Cole Hayes]
He points out that the administration appears to have cherry-picked a case involving an older device (the case in question involved an classic "dumb" cell phone seized in a 2007 crack cocaine bust of a Mass. man). He says that asking the court to consider a case with outdated information may be an attempt to lead them to an inaccurate conclusion. He writes:
Given that the argument for treating cell phones differently from physical items hinges on the storage capacity and services available through smartphones, I think it would be very helpful for the Court to take a case involving a smartphone instead of a more primitive model. In recent years,
smartphones quickly have become ubiquitous
: About 35% of Americans owned one by May 2011, 46% owned one by February 2012, and 56% owned one by May 2013. (In case you’re wondering, 91% of Americans have cellphones, so about 61% of cell phones owned as of May 2013 are smart phones.) Reviewing a case with an earlier model phone would lead to a decision with facts that are atypical now and are getting more outdated every passing month.
He argues that it would be better for the SCOTUS to examine a separate case that law professor
the SCOTUS to consider --
Riley v. California
. That case involved a 2009 search of a customer's Samsung Electronics Comp., Ltd (
, an early smartphone. The case involved officers searching through a suspected gang member's smartphone for videos, pictures, and address book -- all without getting a warrant for the search, a key step of Fourth Amendment due process that prevents abuse.
The California Court of Appeal, Fourth District
declined to hear the
case, leaving SCOTUS as a potential route for a further appeal.
DOJ via The Washington Post [PDF]
The Volokh Conspiracy
This article is over a month old, voting and posting comments is disabled
8/26/2013 12:59:47 PM
I think that the issue is more of one where the courts have considered a search when crossing the international border to be reasonable and therefore not a violation of the Fourth Amendment.
It doesn't seem unreasonable to most people for them to search your car, and arguing that data on electronic devices should be treated differently than physical possessions has more pitfalls than benefits.
You can password protect things and make it inconvenient for them to do a quick search, and they are unlikely to bother without some reason.
I'm a US citizen living in Canada and working in the US. I cross pretty much daily. I get pulled in for random compliance checks once every couple months on average. I have been pulled in two days in a row, but I've also gone well over 6 months without getting pulled in.
You are required to leave all electronic devices in the car when it is searched, but I have never seen any evidence that they have searched either of the two phones and laptop I usually have with me. I don't know what you have to do before they decide to do a more through search, but I've managed to avoid it for the last six years. Well I can think of things that would result in a more through search, but those fall either under giving them probable cause, or just incredibly stupid.
8/26/2013 4:07:17 PM
This type of search and seizure has been enacted to comply with a "pending" international treaty to help curb "piracy" of intellectual property. I say "pending" because I believe we have not yet signed the treaty but customs agents have already begun enacting it. I also believe it has never come before the Supreme Court yet as a challenge. If it does I wonder if they will actually stop if it is shot down.
“We do believe we have a moral responsibility to keep porn off the iPhone.” -- Steve Jobs
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Amazon started as online book store and has grown to be the worlds largest online retailer.
Scammers take to Twitter to try and defraud Amazon users
The latest attempted scam whereby fraudsters have tried to get their hands on personal details involves @Amazon and Twitter. It seems that a false account called amazonhelps2 has been targeting Amazon shoppers who were reporting problems with deliveries on the social network.
The account then privately messaged the shopper to ask for their email address and other details. The information requested included credit card number, the security code on the card, expiry date and the billing address linked to their Amazon account and card. The Twitter account used an Amazon customer support logo on its Twitter account.
Users targeted by the fraud were swift to report the scam, which coincided with Prime Day deliveries last week. Twitter has since suspended the account.
This isn’t the most sophisticated attempt at a fraud. But it does go to show that the wrongdoers are willing to experiment with new approaches and ways to coax confidential information out of web users. It’s not known if anyone, or many, people fell for this scheme. Amazon hasn’t made a comment on the incident. But they have provided advice on avoiding phishing scams.
All the usual advice applies when it comes to dealing with such phishing scams. Most of all it means engaging your common sense and caution and not doing anything online that you wouldn’t do in everyday life. In particular, when it comes to Twitter, look out for that all important blue tick which shows that Twitter has verified that the user is genuine and who they say they are.
as far as i’m concerned, if you go looking for customer support on twitter, instead of the place where you bought the thing, you’re asking to be scammed.
stop acting like you’re a 12 year old girl and learn to work email ffs.
no surprise the people who experience the most issues are looking for help in all the wrong places.


text:
The Italian data protection watchdog has brought in new regulations that will see Google forced to change how it collects, handles, and stores users' data.
Italy's got tech
A room with a view on Italian business tech.
Raffaele Mastrolonardo is a journalist and co-founder of effecinque news agency. He has been writing about technology for the past 11 years or so for some of the most important Italian news media.
In the last 12 years Federico has been working as a freelance journalist, at first covering current affairs and economy and then focusing on technology, writing extensively for several Italian national media outlets.
Italy's startup community is growing. Are recent government measures helping to foster growth, or are young companies succeeding despite them?
Under the bonnet of Vodafone's acquisition of the Italian telematics company.
Italy's Lombardy Region is rolling out superfast broadband on a small scale. To encourage local residents and businesses to take up the service, it's giving connectivity away at no cost.
A major IT overhaul is afoot in Umbria, guided by ideas and opinions from the area's residents.
Amazon, Google, Apple, and Gameloft are being investigated by Italy's competition authority over concerns that apps marketed as free to play needed in-app purchases to work.
The Italian energy giant is creating a new business unit to explore how IBM's cognitive computing could help it find new oil reserves and make better business decisions.
Building a successful startup is nowhere easy, but it's harder than most in Italy. However, thanks to new initiatives and a spirit of mashing up Italy's traditional industries with the latest tech, that could all be about to change.
When an earthquake hit the region around Pieve di Cento, the village became a symbol of the disaster. Now the area is showing other small towns left off telcos' fibre rollout plans how to make sure superfast broadband reaches them.
The Italian data watchdog has ruled that the company didn't do enough to let people know when Street View cars would be visiting their neighbourhood.


text:
CN: Sexual assault, abuse
A former employee of Wyrmwood Gaming, prominent creator of tabletop gaming accessories that has raised multiple millions on Kickstarter, has alleged that the company terminated their position in order to cover up a sexual assault by another Wyrmwood employee.
In a video posted to Twitter on February 19th, Andrew Oberbeck, who worked for Wyrmwood from August 2019-January 2020, alleges that he met with his supervisor to discuss a Sexual Assault situation that according to Oberbeck occurred in the meeting room of the Wyrmwood workshop. In that meeting, he provided the names of those involved as well as a different supervisor who’d seen them that day. Within an hour, Oberbeck met with Wyrmwood CEO Douglas Costello behind the shop. Rather than asking for more info as Overbeck assumed, Costello instead allegedly fired Oberbeck. His reason? “Creating shop drama.”
Oberbeck further alleges that other employees were threatened with termination if they discussed the issue, and that Wyrmwood would go on to use a design he created while under their employ without compensation or credit once he was gone.
Since 2018, Massachusetts-based Wyrmwood Gaming has made a name for itself as one of the premier sources for more “luxury” accessories in the world of tabletop RPGs. Their flagship items are their modular gaming tables, but they’ve also produced dice, dice towers, vaults, and other accessories. Their Kickstarters for these products frequently make more than $1 million dollars, with their current project currently sitting at $1,696,959. They also have sponsored and/or provided products to Critical Role (whose Wyrmwood table made a cameo in The Legend of Vox Machina), Dimension 20, and other prominent actual play streams. Their Kickstarters have featured partnerships with creators like Ginny Di, Paul Karamanian, and Matthew Lillard.
(Full disclosure, this writer did back one of the aforementioned Kickstarter campaigns prior to this story breaking.)
Members of the tabletop woodworking committee have begun to respond, with some stating that Wyrmwood has not had the best reputation over time thanks to reports of off-color jokes and other alleged exploitation. Others have mentioned their 2020 controversy where a Google Ad for the company stated their dice are “Not for Poor People.”
There hasn’t been a response from most former partners yet, though we’ve reached out to Dimension 20 and Critical Role for comment, as well as Wyrmwood itself. Kickstarter Partners with Wyrmwood Dispel Dice have, per their Twitter, seen the accusations and plan a response. Charity organization Take This, who have partnered with the company for fundraising, have also stated they are looking into the allegations.
UPDATE: Kickstarter comms Kate Bernyk has put out a statement on behalf of the company:
UPDATE: At 2:54 PST, Wyrmwood Gaming released a video statement on the allegations.
A transcript of the Video can be found here.
UPDATE 9:05 AM PST Wyrmwood issued a correction to their written statement, stating that after further investigation, the at the time CEO did receive word that event happened on company property but that they “missed that detail.”
UPDATE 2/22/23 2:05 PM PST Wyrmwood’s charity partner Take This, a nonprofit advocating for Mental Health in the gaming industry and fandom, has issued a statement in response to the allegations and Wyrmwood’s response. They state that the allegations “violate the ideals and mission of [their] organization,” and that Wyrmwood’s subsequent written and video responses were “troubling and fall outside the ethical standards of Take This.”
Following a thorough review, Take This is ending its charity partnership with Wyrmwood Gaming, effective immediately, halting all joint activations, including the production and sale of Hope Shields.
UPDATE 2/23/23 5:14 AM PST Andy Oberbeck posted a video on his Youtube and Twitter responding to Wyrmwood’s statement.
UPDATE 2/23/23 7:45 PM PST Wyrmwood partner Dispel Dice, who worked with Wyrmwood on two previous Kickstarters and who’s creator Karen Wang was close to becoming Wyrmwood CEO at one point, has issues their statement on the current controversy.
UPDATE 2/24/23 6:36 AM PST Wyrmwood issues new statement “Addressing Current Concerns” wherein they state they would be taking their initial video down in response to backlash from partners and customers, and would not be making any further public comments.
Their previous written statements will remain up.
Since this is a developing story we will update this feature as new details come to light.
If you are a survivor of sexual assault or know someone who is, please contact RAINN. Their site has links with info about how to report incidents, how to prevent, and recover, as well as the number for the National Sexual Assault Lifeline.
Images via respective owners


text:
October 15-19 is (NBWW), an annual event celebrated during the third full week in October that honors the contributions of working women and employers who support working women and their families.
NBWW was conceived back in the mid-1920s by Emma Dot Partridge when she was Executive Secretary of the National Federation of Business and Professional Women’s Clubs. The first observance was held in 1928, with a proclamation “to focus public attention upon a better business woman for a better business world.”
From this early effort, NBWW has grown into a nationwide salute to all working women that not only calls attention to women entrepreneurs, but also promotes discussions about the needs of working women, facilitates the awareness and sharing of information for working women in their communities, helps promote leadership roles for women, and increases opportunities for their advancement, both professionally and personally.
“Women-owned businesses not only contribute significantly to the prosperity and competitiveness of the local economy here in Dallas,” commented Dallas Capital Bank Chairman & CEO Doug Hutt, “they also play a huge role in advancing gender diversity in boardrooms and in corporate America nationally.”
Since 1968, the number and scope of women-owned businesses has risen at a virtually unprecedented rate. Today women own an estimated 11.6 million businesses nationwide, employ nearly 9 million people and generate more than $1.7 trillion in annual revenues. Over the past 20 years (1997–2017), the number of women-owned businesses has grown 114% compared to the overall national growth rate of 44% for all businesses. Here in the DFW area, the momentum is even stronger. During the past five years, women-owned businesses in Dallas grew by 58% -- more than twice the national average, and DFW ranks first in revenues per women-owned businesses among the 25 largest U.S. cities.*
What may be surprising is the wide variety of industries in which women business owners are making their mark. In 2017, the top five industries for women-owned businesses were Health Care/Social Assistance, Professional/Scientific/Technology Services (including legal, accounting, architecture, public relations and consulting firms), Administration/Support/Waste Management Services, Retail Trade, and “Other Services” (e.g., hair and nail salons, pet-care businesses, etc.). However, the five industries that experienced the greatest growth of women-owned businesses between 2016 and 2017 were Construction, Arts/Entertainment/Recreation, Hospitality/Food Service, Utilities, and Other Services.**
Source: American Express. “The 2017 State of Women-Owned Businesses Report.”
Dallas Capital Bank Chairman & CEO Doug Hutt said, “Here at Dallas Capital Bank, we’re proud to serve numerous organizations that are owned or managed by women; or that actively support and empower female members of their workforce. The collective skills and success of women in leadership positions continue to make our local business community the vibrant hub that it is.”
* Owens, Robbie. “Growth of Women-Owned Businesses in Dallas Outpacing Nation.” CBS 11 News, 2016. https://dfw.cbslocal.com/2016/03/31/growth-of-women-owned-businesses-in…
* Bowles, Jonathan. “Women-Owned Businesses in the Nation’s 25 Largest Cities.” Center for An Urban Future, 2016. https://nycfuture.org/data/breaking-through-women-owned-businesses-in-t…
** American Express. “The 2017 State of Women-Owned Businesses Report.”


text:
Could digital payments become a $100 trillion market? PayPal CEO Dan Schulman thinks so, according to CNBC.
"It could be, you know, a $100 trillion market," he told the outlet. "That's sort of the market — total addressable market — we're playing into. We may have, like, 1-2 percent share of that market today.”
"We live in the space of digital commerce and digital commerce is exploding still around the world. There's an explosion in digital commerce and we're riding that wave. What we see is pretty positive."
"We live in the space of digital commerce and digital commerce is exploding still around the world," he said, speaking of Venmo’s impressive growth year-over-year. "There's an explosion in digital commerce and we're riding that wave. What we see is pretty positive."
Schulman touts the partnerships that Venmo has cultivated with companies such as Facebook, Alphabet's Google, Microsoft and Alibaba as pivotal to its strategy.
"People are thinking about how can they use technology to better serve customers," Schulman said. "I think it's going to be less and less about how does one company hyper-serve customers. I think the new way of the world going forward is how do companies take the best of their platforms [and] put them together to better serve companies."
He did not shy away from talk about competition between Venmo and Zelle, that payments network owned by several major banks. Schulman explained the difference in user behavior on these platforms, describing the average Venmo transaction as about $50 and occurring as frequently as five times a week, compared to Zelle users sending $250 about once a month.
"P2P, or peer-to-peer payments, is exploding in the market. It's a multi-hundred-billion-dollar marketplace. This will definitely not be a winner take all," Schulman said. "I think the two will live side by side and it won't be a winner take all."


text:
Zuchex to launch in Indonesia in November 2014
One of the leading housewares shows in Eurasia, Zuchex Housewares & Gift Fair, which showcases annually in Istanbul, Turkey, will this year be launching into another of the fastest growing largest markets in the world, Indonesia.
Zuchex Turkey, now in its 25th edition, boasts more than 600 exhibitors and 30,000 visitors, making it the 4th largest Housewares & Giftware exhibition in the world. It’s this sort of success that has urged organisers - British company Tarsus and Turkish organiser, Life Media - to take Zuchex to Indonesia, which has a population of 250 million and is one of the fastest urbanising countries in the world.
According to the Indonesian Hotel and Restaurant Association (PHRI), it was estimated that in 2013, at least 45,000 new hotel rooms were created, an increase of 30,000 from 15,000 rooms in 2012, bringing hotel rooms nationwide to a total of 285,000.
Zuchex Indonesia will take place in the capital Jakarta, which boasts a population of 23 million and a vast collection of bars, restaurants, clubs and hotels, and will be marketed to all professional buyers of housewares.
Zuchex Housewares & Gift Fair Indonesia will take place November 13-15, 2014.
For more information, visit www.zuchexindonesia.com


text:
Several months after the ACCC announced its investigation into freemium apps, the European Commission is launching its own inquiry.
The EU clears the way for Microsoft's planned purchase of Nokia's mobile devices and services business.
Antitrust watchdog is seeking a court order for Apple documents related to a probe of alleged anticompetitive clauses in its carrier contracts.
Companies including Intel, Qualcomm, IBM and Cisco claim tightened rules by the FCC could pinch broadband providers and lead to billions of dollars in lost investments.
Cuts at the mobile-chips giant come as it faces a handful of ongoing government investigations into its business practices.
You can now use bitcoins to add money to your Microsoft account, and in turn buy content on its Windows and Xbox platforms. The move gives the digital currency a hefty dose of credibility.
Web inventor Tim Berners-Lee had the sci-fi inspired name in mind, according to fellow innovator Wendy Hall, who spoke to CNET about the evolution of the World Wide Web.
A federal consumer protection agency is suing Sprint over allegations that it allowed third-party companies to "cram" customers' bills with fraudulent charges.
This Saturday, everyone in the world can send a gif that will be projected onto two buildings in San Francisco, as well as sent to the recipient by e-mail.
The end of a Comcast-Roku dispute means that Comcast subscribers will finally be able to stream HBO and Showtime on their Roku devices.


text:
In an effort to welcome more parties to the ongoing debate about the New York garment center’s future, the Council of Fashion Designers of America and the Design Trust for Public Space have teamed up to commission a comprehensive study of the fashion industry’s presence in the neighborhood and its place in the city’s creative economy.
Called “Made in Midtown,” the study has two tracks and is expected to be completed in about six months. The first involves interviewing designers, factory workers, fashion school deans and other industry stakeholders in the garment district, Sunset Park, Brooklyn, and other clusters of fashion production to determine what works, what doesn’t and what would make the infrastructure more visible and accessible to the broader public. Results will be posted on the trust’s Web site, designtrust.org.
The second track will focus on a feasibility study to try to figure out if the fashion industry’s core needs to remain in Midtown. Real estate trends, zoning regulations and business retention initiatives will be among the factors taken into account before a report is presented to city agencies and other interested parties. Design Trust, a nonprofit dedicated to improving public life for all New Yorkers, is financing the project through donor outreach. Ideally, the group aims to use the Made in Midtown concept in other cities, according to Yeohlee Teng and architect Joerg Schwartz, who wrote the winning proposal that was selected from 16 submissions. “All the debates end up being about economics. Somebody has to argue for culture and creativity. Otherwise, we are the poorer for it,” Teng said. “The cultural heritage of this city is locked into this district.”
During an interview Wednesday, they said the garment district debate should not be reduced to the going rate for commercial real estate. All parties need to take into account the economic impact that any changes would bring, especially in relation to the area’s jobs and diversity. In addition, the city’s five fashion-oriented schools are integral to the infrastructure.
The garment center employs 175,000 people and provides $10 billion in wages, and $1.6 billion in tax revenues. In recent months, city officials have recommended containing the bulk of the industry’s tenants to an Eighth Avenue building that has about 270,000 square feet. Teng and Schwartz said more than two million square feet is needed, according to another survey completed by Identity Map Co. Rezoning could potentially wipe out many garment workers’ jobs and “the city has no plans to retrain those workers,” Schwartz said. “If the manufacturing component is removed, everything that rests on top of it will be jeopardized.”
Steven Kolb, the CFDA’s executive director, said, “Given the potential impact of rezoning on the neighborhood we felt an impartial group, like Design Trust, would bring a fresh perspective to the conversation for all stakeholders.”
Noting that the Design Trust for Public Space is also working on the nation’s first citywide plan for urban agriculture, Teng said, “People need to be educated about how things arrive on their plates, and now they need to learn how things wind up on their backs.”
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)
Breaking News: @hedislimane joins @celine as its new artistic, creative and image director. One of fashion’s preeminent image-makers and trendsetters, Slimane is to join the LVMH brand on Feb. 1 and unveil his first fashion proposition for men and women next September during Paris Fashion Week. It marks a major homecoming for Slimane, who cemented his reputation – and influenced men’s tailoring for more than a decade – as the designer of Dior Homme between 2000 and 2007. He went on to reinvent and ignite the house of Yves Saint Laurent, which he rechristened Saint Laurent, between 2012 and 2016 – all the while maintaining a close relationship with the Arnault family, which controls LVMH and Dior. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
“Personally I believe the Eighties have been the richest and more vivacious period for international fashion,” Giorgio Armani said when asked what his favorite decade of fashion is. It was a moment of disruption and experimentation and only thinking back to the first years of that decade is always an emotion for me, for what they have meant to me and my work.” The influence is clear in @giorgioarmani spring 2018 collection, pictured here, which was full of bright colors and unexpected prints. Read more about which decades designers loved most on WWD.com #wwdfashion #wwddecades (📷: @aitorrosasphoto)
For Lady Gaga’s only Italian show on her “Joanne World Tour,” the singer wore a range of @versace_official outfits. The standout piece: this custom-made bodysuit inspired by the brand’s spring 2018 collection. #wwdfashion (RG: @ladygaga)
@_camillaruth_ is expanding on the wellness-craze concept with @westbourne – a new NYC restaurant that’s both a healthy-minded café as well as a business that gives back to the community. Marcus works with the Robin Hood foundation to give back to The Door, a non-profit providing youth development services, and also hires employees through The Door. Read our full interview with Marcus on giving back through food on WWD.com. #wwdeye (📷: @lexieblacklock)


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Threedeemee is pleased to announce the launch of their ladies’ classical suit collection in 3d for Bespoke Tailors and Ladies Fashion Designers so both men and women customers can visualize their products in 3d.
What does “The New Normal” actually mean for Bespoke Tailors and Fashion Designers in the Post Covid era? Executive positions are now younger, and more women are rightfully leading the way as directors, and even more, are becoming entrepreneurs of the future. The younger generation is more likely to buy online using a smartphone and the lady executives require the same bespoke options that have been predominantly for older men in the past. Living with Covid-19 requires all retailers, particularly Bespoke Tailors, and Fashion designers, to have an online presence to mitigate the risks of drops in footfall. Early adaptors who accept the new normal are most likely to succeed in business continuity but regrettably, those who are not proactive by getting online now, may well not survive.
Over the last few months, Threedeemee has focused on what we considered to be the most demanding and complex markets of Bespoke Tailors and Ladies Fashion designers because they have been suffering from lack of footfall during covid-19. These next few weeks will combine our efforts to service more tailors and fashion designers as they come on board and to continually improve our activewear catalogues for sportswear such as cycling, football, netball kits as well as outdoor garment configurators. The intend is to add more advanced sportswear textures to our present configurators for a variety of sporting activities.
The end of lockdown will most certainly mean the end of governments around the world offering support companies such as tax relief, loans, and furlough schemes in the future. Businesses that depend solely on footfall must be prepared to have fewer customers in their stores from this point forward. Everyone is finding alternative solutions to stay afloat while the global population is expected to live with Covid for many years to come. Retailers need to do everything to reduce these risks now and ensure they can continue business in the future by getting, (or improving) their online experience. Act now to reduce your risks in the coming years by investing in getting your business online. Threedeemee is here to assist you in your online experience or you can even invest in us to help us meet our increasing demand by clicking on these links and see what threedeemee is doing. Contact info@threedeemee for more information!


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The $230 Alessi SG68 toaster is crafted with high-end Italian design language and yes grills bread too.
Don't loaf around when you can have adventures as a slice of bread on a quest to become toast in "I Am Bread" from Bossa Studios.
The Darth Vader toaster gets a significant upgrade with a helmet shape that sucks in your bread and returns it a little more evil than when it started.
Su Daocheng, who says he is "addicted" to inventing, spent two months on the development of the petrol-powered beast.
CEO Tim Cook highlights the strength of iPhone and China, why he still has high hopes for the iPad and when Apple Watch will ship.
Apple says a total of 750 banks and credit unions are now working with the iPhone-centric payment service.
Mozilla is on a path to add core virtual reality support to their Firefox browser, and Khail and Ashley are "scarexcited" about it. Will we ever leave the internet if we can experience it in a VR headset?
Bill Nye and The Planetary Society want to propel a spacecraft by bouncing the sun's photons off it. The first test of such a craft will take place this May.
In its latest financial snapshot, the software giant is demonstrating that its hardware business is not just a sideshow after all.
The Ronco Ready Grill cooks food vertically. Capable of cooking a variety of foods, the countertop appliance collects the drippings in a waiting tray below.


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Game News - Banner Saga, Halo Wars 2, SWAT, & Ghost ReconThursday, 26 January 2017
Our game news recap starts off with some surprise news from Good Old Games. GOG.com has re-released SWAT 4. Despite being widely regarded as a classic of the FPS genre, SWAT 4 has been an elusive title in recent years. SWAT 4 is a cornerstone of Tactical Shooters, and was noteworthy for implementing squad-based tactics and non-lethal takedowns in addition to its realism. For the first time, SWAT 4 is now readily available online through GOG.com. GOG conducted a Q&A with creators Paul Hellquist and Bill Gardner to celebrate the release, available for a read here.
Paragon Releases Riktor - And Our Brief ThoughtsSunday, 29 May 2016
We've talked about Paragon a lot lately. It's got impressive visuals and promising gameplay; we're curious about how it'll do against other MOBAs in the (overly) saturated market. The first free open beta is near closing – it ends on the 30th – and for some of us, the first open beta wasn't enough. There's a paid early access for those people, granting more access to the TPS-MOBA-action-twitch-shooter amalgam. Starting on May 31st, early access buyers will be granted control over the next playable character: “Riktor,” the 17th hero to join the cast.
Epic Games' Paragon Hits Early Access through 30thFriday, 20 May 2016
Epic’s Paragon is getting ready for a free beta weekend later this month -- from May 26th to the 30th. Anyone interested can sign-up here to participate, but you must sign up before the 25th.
Paragon is Epic’s take on the MOBA genre; however, the gameplay in Paragon is more like a third-person shooter than a traditional MOBA game. Also unlike other MOBAs, Paragon’s visuals are nothing to smirk at -- nVidia even brought Epic CEO Tim Sweeney out to their recent media event to use Paragon to show off the GTX 1080.
NVidia GTX 1080 Specs Exceed Performance of SLI 980s, Uses G5X VRAM
Austin, Texas this weekend hosted nVidia's Pascal GTX 1080 unveil event, headed-up by nVidia CEO Jen-Hsun Huang and dotted with high-end demo rigs from well-known case modders (including BS Mods). The week's #OrderOf10 event prefaced tonight's press conference – a puzzle we solved just ahead of the show – and ultimately unlocked a count-down timer that unintentionally coincided with Dreamhack US. Tonight, nVidia announced its new GeForce Pascal architecture GPUs, including the GTX 1080 video cards.
The Pascal architecture was first unveiled at GTC a few years back, when nVidia's roadmap through 2018 was posted (concluding with Volta). Earlier this morning, we published a Pascal architecture deep-dive that fully detailed the new Pascal SM (Streaming Multiprocessor) and memory subsystem as it relates to GP100. Although GP100 belongs exclusively to the Tesla P100 Accelerator Card, Pascal as an architecture applies globally to the platform – and that includes the imminent GeForce cards. Pascal as it relates to GeForce is almost certainly running a “lite” version of the architecture, but will carry-over potential game-changers from the GP100. A 16nm FinFET process node from TSMC heralds nVidia's move away from the 28nm process that both major GPU manufacturers have resided on for the past few years. Other changes, like a reduction in cores-per-SM while increasing or maintaining warp schedulers and dispatch units, will work with this datapath organization change to improve overall efficiency and performance-per-watt of Pascal.
If this architecture discussion interests you, we'd urge you to read our deep-dive on Pascal.
(Article title & content updated).
Paragon Rendering Technology: Subsurface Scattering & Hair Lighting FXWednesday, 20 April 2016
Our East Coast Game Conference coverage kicks-off with Epic Games' rendering technology, specifically as it pertains to implementation within upcoming MOBA “Paragon.” Epic Games artist Zak Parrish covered topics relating to hair, skin, eyes, and cloth, providing a top-level look at game graphics rendering techniques and pipelines.
The subject was Sparrow, a Braid-like playable archer hero with intensely detailed hair and lighting. Parrish used Sparrow to demonstrate each of his rendering points – but we'll start with sub-surface scattering, which may be a bit of a throwback for readers of our past screen-space subsurface scattering article (more recently in Black Ops III graphics guide).
Unreal Engine Raises CryEngine's Indie Dev Fund, VR Support
Epic Games made the most of the its stage at GDC 2016. In the company's “State of Unreal” panel, CEO Tim Sweeney packed in as much news in as he could – an empowered battle against CryEngine's latest announcements. The success of the latest iteration of the Unreal Engine was a focus point; according to Sweeney, Unreal Engine 4 now has over 1.5 million users, and the seven largest franchises on the engine have generated over $1 billion in sales each.
The Unreal Engine news wasn't limited to larges titles, though. Last year, Epic announced a grant for indie developers using the Unreal Engine and, not to be outdone by CryEngine's $1 million indie fund, Epic increased their grant from $800,000 to $1.2 million. Epic is additionally partnering with HTC and Valve to bring 500 Vive units to indie developers to increase the development of VR titles.
Week's Game News: Paragon F2P, Rocket League Champs, & Metal GamesTuesday, 08 March 2016
Cars, spaceships, and a metal band star in this week’s game news recap -- actually, two metal bands, and they’ve both got forthcoming games. In the past week, Epic Games pushed critical announcement regarding its new Paragon MOBA: The game will be entirely free-to-play -- access to all heroes included -- with only monetized cosmetic items. Early beta access costs $20, but will be waived at launch (similar to the successful Dota 2 model). Time will tell how financially viable “cosmetic items only” is for yet another game on the market, but it’s been working out well for Dota 2 so far. Not a bad model to follow.
Other news includes No Man’s Sky, a game we think is well worth a follow, and Dream Theater’s new The Astonishing game and album. Maiden’s in there, too, because Steve Harris has decided to bring Eddie to mobile devices. More in the recap video below. Script follows.
Week's Hardware News: Intel Pulls i3 Overclocking, VR Dev in VR, & More
The last week's worth of computer hardware news contained a few disappointments – the removal of non-K overclocking from some boards, for one – and a few upshots. One of those upshots is on the front of VR, headed-up by Epic Games in a publicly released video reel of unique implementations. Virtual reality's use cases also expanded this week, as developers Epic Games have learned new means to utilize the technology (something we think needs to happen).
Our weekly hardware news recap is below, though the script has been appended for the readers out there. Topics for this week's round-up include Intel's crack-down on non-K overclocking, editing games within VR, AMD's Wraith, a Sony SSD, and some new peripherals.
Epic Games' Paragon Shaping-Up with Actual Gameplay TrailersWednesday, 20 January 2016
Epic Games today unveiled its second trailer for upcoming MOBA “Paragon,” featuring alpha gameplay of the vertically-inspired title. Titled “Mid-Lane Push,” this trailer shows significantly more in-game action than previous videos (and initial, info-devoid teasers).
Several new characters are on display in the trailer: Gadget and Feng Mao aggressively assault a tower defended by Rampage and Kallari. So far, Paragon is most interesting for its addition of vertical gameplay elements in a genre dominated by flat, single-map arenas. The trailer also shows a couple abilities for each of the new characters.
Week's Game News: Cyberpunk, Elite Dangerous, Steam Account Theft, & MoreSaturday, 12 December 2015
This week's game news looks to the worlds of Cyberpunk 2077, The Witcher, Overwatch, Elite: Dangerous, Paragon, and Steam's account theft.
An interview with CD Projekt Red CEO Adam Kicinski went live on Polish site Money.pl, where the CEO – who openly discusses his company's financial efficiency – talks about the White Wolf's future adventures. The company hopes to continue its devotion to the Witcher series, despite initial plans to conclude the story with Wild Hunt. Geralt's story is done, Kicinski told the site, but that doesn't mean The Witcher is. This has been the major delay to Cyberpunk 2077, a game that has internal, unannounced deadlines, but Kicinski said to expect Cyberpunk news in 2016.
Our hardware news recap is over here.
That and all the other week's news items are recapped in the below video:
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International trade is essential for businesses that aim at increasing their opportunities to grow. In the European footwear Industry, exports to non-EU countries have increased by 51% in quantity and by 125% in value from 2009 until 2018. Such results respond to the recognition of high-value products by consumers around the world.
In order to promote the access to markets outside Europe, CEC collaborates with the European Commission to promotes the signature of Free Trade Agreements with strategic markets for the footwear sector.
In general, CEC:
- Supports free and fair trade;
- Boosts fair competition;
- Makes sure that trade distortions are addressed, and
- Defends and supports EU companies.
CEC follows closely the development of trade negotiations and any challenge or barriers to trade that could affect the European shoes. In this regard, CEC attends regularly Civil Society Dialogue meetings organised by the European Commission where expresses its concerns or recommendations in order the achieve the best deals for European Shoes.
CEC is also part of the Market Access Advisory Committee of the European Commission where raises awareness of issues that footwear companies could face in relations with trade partners worldwide.
The European Commission work on negotiating trade agreements in the past years has been intense and productive, managing to conclude several deals that would create new opportunities for European companies.
CETA (Comprehensive Economic and Trade Agreement) has been provisionally in force since 21 September 2017 following its approval by EU Member States, expressed in the Council, and by the European Parliament. It will only enter into force fully and definitively, however, when all EU Member States have ratified the agreement. The agreement started to deliver positive results for EU footwear. EU footwear exports to Canada increased by 14% in quantity and by 9% in value from January-December 2017 compared to January-December 2018.
The CEC welcomes the signature and entry into force of the EU-Japan EPA and of the EU-Singapore FTA and remains convinced that these agreements have the potential to deliver significant economic benefits and contribute to the development of both parties. Furthermore, the CEC appreciates the Commission’s ambition to finalise in the near future the EU-Vietnam trade agreement and to continue the on-going trade negotiations on the agreements with Indonesia. Likewise, CEC supports EU’s intention to resume trade talks with Malaysia and Thailand.
Negotiations for comprehensive trade agreements with Australia and New Zeeland that were launched in 2018 would remove barriers to access the markets, especially for small companies, and would place the EU footwear companies on equal foot with other companies doing business in the area.
As regards to the EU-Mercosur agreement, the CEC is very pleased to have reached the best possible outcome for European Footwear and thanks European Commission negotiators for their continued support. A fair and comprehensive deal will favour the economic integration of both regions and create many opportunities for EU companies by giving them a more favourable access to a promising export market.
The EU-US Trade Talks that have recently been started on conformity assessment and the elimination of industrial tariffs could be beneficial for the transatlantic trade relations.
CEC collaborates with footwear national associations around the world and meets their representatives at the International Footwear Forum in order to discuss the latest developments of the sector and to build new common initiatives. In May 2018, on the occasion of the 3rd and last edition of the International Footwear Forum, the CEC and the footwear national associations and industry chambers worldwide (Africa, Asia, Europe, North America, and South America) expressed their support to cooperating on the facilitation of free and fair trade in the footwear sector by signing a Joint Declaration. The national footwear associations worldwide are committed to work together for free and fair trade, fighting unfair practices such as counterfeiting and dumping, by sharing information and transmitting to their respective governments that the worldwide footwear industry does not agree with tariff and/or non-tariff barriers, but instead support and demand an open and fair global market for our products on a level playing field.


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Google has released the code for it’s newest version of Android, dubbed Ice Cream Sandwich. Jean-Baptiste M. “JBQ” Queru, a software engineer at Google, announced the news on a Google Groups page yesterday. The actual version of the code is 4.0.1 which is what will be on the Galaxy Nexus when it ships.
So what does this mean for you Android tablet owners? Well, not much at this point. If you have an older tablet, chances are you won’t ever see Ice Cream Sandwich unless you are rooted and there are developers that decide to make a custom ROM for you. Even if your manufacturer decides to update your tablet to Ice Cream Sandwich, you probably won’t see it for a few months while their developers have time to adapt it to their hardware. Here is a great look at which tablets might, or might not get updated.
The next question you might ask yourself is whether you should wait until there are tablets with ICS already loaded on them before buying a new one. A couple of the recently announced Android tablets like the Asus Transformer Prime and Motorola Xoom 2 have already stated that they will be getting an ICS update in early 2012. That means that if you buy one and it doesn’t already have ICS on it, they will be guaranteed an update when it is available. Here’s what’s new in Ice Cream Sandwich.[Google]


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Tuesday February 07, 2012
By Gregory Dorsey, contributing editor Income Performance Letter
In addition to quantifiable metrics such as reasonable valuations, solid growth prospects and a strong balance sheet, one of the less tangible characteristics we look for is a history of maximizing shareholder value.
It adds a measure of safety that can protect your investment if the market hits a rough patch. One such stock is Abbott Labs (ABT).
With Abbott, you are getting 'two for the price of one' as the company announced last fall that it was splitting itself in two, a move it expects to finalize toward the end of this year.
There are both opportunities and risks with the break- up, but we like the odds and agree
that dividing the company will unlock value for shareholders.
Abbott’s mature pharmaceutical business, which will have annual revenue of about $18 billion following the split, has leading proprietary brands for treating immunological, HIV, cystic fibrosis, thyroid and others diseases. The company also has a number of promising drugs in the development pipeline.
On the other hand, products that represent more than 8 percent of Abbott’s revenue are set to come off patent in the next few years and will face stiff competition from generics.
As a stand alone, the business will likely sport a high single- digit or low double price-to-earnings ratio and pay an attractive dividend yield.
Abbott’s faster-growing business is medical products, which will keep the parent name and generate more than $22 billion in revenue from products such as heart stents, infant formulas, generic drugs and other products.
This business will command a higher earnings multiple, but pay a smaller dividend. And it, too, will be subject to intense competition.
The combined dividend of the pair will equal the stock’s current payout. Moreover, the sum-of-the-parts value of the company post-breakup is likely to be at a premium of 10 to 15 percent above the current share price.
Tack on the 3.4 percent dividend yield the stock will pay, and we should earn a nice total return in the process.
Learn more about this financial newsletter at Stephen Leeb's Income Performance Letter.


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Few signs of US companies curbing profits after Powell says it could cool inflation
NEW YORK – Federal Reserve Chair Jerome Powell said this week inflation could fall if companies curbed their profits – but the biggest U.S. retailers and consumer products makers have reported one key measure of profitability hardly budging in recent years.
Gross profit margins, watched closely by investors and measuring profits as a percentage of sales, have remained flat or slightly down at manufacturers and sellers of household basics like toilet paper and cereal.
Companies such as Tide maker Procter & Gamble Co and Walmart Inc have passed through once-in-a-generation levels of price hikes to try to keep this metric of financial health steady as they face sky-high costs.
But Powell took aim at Corporate America this week, saying if companies and shareholders took less for themselves, inflation could fall and workers’ wages may continue to rise.
Procter & Gamble’s profit margins rose through the pandemic, and then inched lower last year. Walmart’s margins have followed a similar pattern as it tries to keep prices low for consumers, and maintain traffic for its stores.
Kroger Co’s margins also rose sharply in the pandemic, as food prices have spiked.
P&G, Kroger and Walmart did not immediately return requests for comment.
P&G executives said at an industry conference last month that as inflation continues, it becomes harder to increase prices.
Executives at Walmart said last month inflation in food and consumables has persisted, with food inflation higher than what they thought it would be.
U.S. lawmakers such as Senator Elizabeth Warren and Representative David Cicilline have taken companies to task over price hikes on items shoppers buy every day.
The situation is not unique to the United States, with data shared at a recent European Central Bank retreat showing companies there are profiting from high inflation.
“Corporate profits and higher margins have been a key driver of inflation and as they start to ease we will see lower prices in real life,” said Rakeen Mabud, chief economist at progressive advocacy group Groundwork Collaborative. “What works going up, works coming down. If we see margins ease, companies bring prices down, we’ll see lower inflation.”
Some manufacturers of household goods are easing price hikes. Ketchup maker Kraft Heinz Co, Clorox Co and PepsiCo Inc have indicated they are pressing pause on further raising prices.
Clorox declined to comment, while Kraft Heinz and Pepsico did not immediately return a request for comment.
P&G and Stouffer’s frozen meal maker Nestle SA have said they are planning to continue increasing prices, even as shoppers are buying less and trimming their budgets. Nestle did not immediately return a request for comment.
Former Federal Reserve Vice Chair Lael Brainard said in the fall that retail margins – a measure of the price chains charge for a product compared to what they paid for it – have risen “significantly more” than wages for the typical store associate.
Lowering those margins could help reduce inflation pressures in consumer goods, she said.


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Microsoft's long-running partnership with Intel has been growing wrinkles. The company built an emulator into its Windows 10 operating system so it could run applications built for the x86 architecture pioneered by Intel. And on Wednesday, it complicated Intel’s future in its growing cloud business.
Microsoft, which is based in Redmond, Wash., said that it would run several internal cloud services with chips based on ARM designs, which are also used in the vast majority of smartphones and inside gadgets like thermostats and sensors embedded in manufacturing plants.
The move amounts to one of the most significant endorsements of ARM servers, showing that the architecture has the performance and standardized code base to potentially encroach on Intel’s dominant position in the market for server chips, analysts said. The other large cloud computing companies, Google and Amazon, plan to use Intel's next-generation Skylake chips.
Microsoft reworked its Window Server operating system to run over the ARM servers, which will be used internally for applications in search, storage, databases, and machine learning. The announcement came at the Open Compute Platform Summit in Santa Clara, Calif.
“We feel ARM servers represent a real opportunity and some Microsoft cloud services already have future deployment plans on ARM servers,” said Leendert van Doorn, a distinguished engineer at Azure, Microsoft’s cloud computing unit, in a blog post.
Qualcomm and Cavium both devised Windows Server hardware based on ARM technology. Qualcomm built a server using its Centriq 2400 server chip with 10 nanometer technology and 48 computing cores. Qualcomm is giving out a small number of samples for testing, but the chip will start selling later this year.
It has been bumpy road to legitimacy for ARM server chips. Since first appearing five years ago, sales of the chips from companies like AMD, Applied Micro, and Broadcom have fallen flat. The hardware has struggled to match the standard code base and performance offered by Intel processors, analysts said.
Paul Teich, an analyst with Tirias Research, said that Microsoft’s announcement shows that the latest batch of ARM server chips were able to meet those conditions. The move, he added, also shows how the industry is craving more competition – an idea echoed by ARM itself.
“Faced with different requirements for workload optimization, data center architects have been calling for increased choice and flexibility in server architectures,” ARM said in a statement. “There is more opportunity now to increase dynamic competition in the server market.”
ARM chip makers are still facing an uphill battle to loosen Intel’s grip on the server market. The research firm IDC estimates that the x86 instruction set had been used in over 99% of all servers sold in the first three quarters of 2016. Intel reaped $17.2 billion in revenue from its data center business last year.
One stumbling block is that software written for x86 chips must be reworked for ARM hardware. But Microsoft’s van Doorn said that the ability to carefully match hardware and software would pay off. He said it is “economically feasible to optimize the hardware to the workload instead of the other way around.”


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(Reuters) – Slack Technologies, operator of the popular workplace instant-messaging app, reported an annual loss of $140.7 million, the company said on Friday ahead of its planned public market debut.
FILE PHOTO: The Slack app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration
Slack’s daily active users exceeded 10 million in the three months ended Jan. 31, 2019, with its paid users at about 88,000, the company’s regulatory filing bit.ly/2vp05DG showed.
The San Francisco-based company is seeking to go public via a direct listing, making it the second big technology company after Spotify Technology SA to bypass the traditional route of listing its shares through an initial public offering.
A direct listing is a cheaper way of becoming a public company as the process requires fewer investment banks and therefore lower fees.
In a direct listing, however, a company does not sell any new shares to raise money. Instead, it gives existing shareholders the opportunity to cash out.
The company is hoping for a valuation of more than $10 billion in the listing, Reuters had previously reported. Some early investors and employees have been selling the stock at around $28, valuing the company close to $17 billion, Kelly Rodriques, CEO of Forge, a brokerage company, told CNBC on Thursday.
The company expects to trade on the New York Stock Exchange under the symbol “SK”,
Slack’s revenue jumped 82 percent to $400.6 million in its latest fiscal year and its loss narrowed to $140.7 million from $181 million a year earlier.
The company, whose competitors include Microsoft Teams, a free chat add-on for Microsoft’s Office365 users, said it expects to incur losses for the foreseeable future and may not achieve or maintain profitability in the future.
Slack is the latest in a string of high-profile technology companies looking to go public this year. Lyft Inc, Pinterest and Zoom Video Communications have completed IPOs so far in 2019.
Reporting By Aparajita Saxena and Joshua Franklin in New York; Editing by Leslie Adler and Anil D’Silva


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DeRidder business raises $33,963 for storm victims
Published 7:13 pm Sunday, September 5, 2021
A pair of DeRidder business owners hit an incredible milestone this weekend as they raised more than $33,000 to benefit southeast Louisiana victims of Hurricane Ida.
Airel Perkins owns the downtown DeRidder boutique Nothing Fancy with her mother in-law, Anna Burks. The two opened the storefront to their online business in August 2020, just a few short weeks before Hurricane Laura brought devastation through the area. While their store was spared from heavy damage, the two women know all too well the hardships that people in southeast parishes are facing right now, and just how powerful a giving community can be.
“After Hurricane Laura hit, we met so many amazing people from SELA who were here volunteering. Some were serving food or offering gas, while others were helping with debris removal. We really just wanted to try and return the favor in some way,” Perkins said.
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The women put their heads together and came up with the fastest way the two could raise money, and with help from their designer, DeRidder native Frankie Brooks-Lewis, the shop began selling T-shirts bearing an image of an outline of the state of Louisiana filled with the words “Come hell or high water, we stand Louisiana strong.”
“We knew it wasn’t safe to hop in our cars and drive down south, but we knew we could sell a T-shirt. So, away we went working on it,” Perkins said.
The shirts went on sale on Aug. 30 and were an immediate hit. By Saturday, Sept. 4, the shop had sold 1,715 of the T-shirts. Those sales coupled with donations from the community allowed the business to raise a total of $33,963 that will be used to benefit ongoing relief efforts in St. James and Terrebonne parishes.
Perkins said those parishes were the first to offer help to Beauregard Parish after Laura.
With help from DeRidder Mayor Misty Clanton and the DeRidder Police Department, Beauregard Parish Sheriff’s Office and DeRidder Fire Department, Perkins and Burks are being provided lists of needed items as are assessed by officers on the ground helping in the area.
As officers with DPD and BPSO see a need, they communicate that need with Perkins and Burks and then those supplies are purchased and transported to the areas by the DeRidder Fire Department.
So far, Perkins said a lot of demand has been for air conditioner units, electric wire for hooking up a mobile laundry unit, hygiene items and food and water.
“Since Thursday they have been providing meals for nearly 300 people every day, so food has been a large need,” Perkins said.
They are also assisting First Church in DeRidder, who is transporting groceries and snacks to Raceland to help feed people there.
Perkins said she and Burks have been amazed by the response to their fundraising efforts, and she credits it with the giving heart of the Beauregard community.
“We never in our wildest dreams thought this was possible. This proves to me that there are still good people in this world,” she said.


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Apple’s main supplier, Foxconn would start experimental production of iPhone 15 in China. according to chinese Economic Daily NewsThe company has already started testing machines that will produce a “new product”.
The news shows Apple still remains “highly dependent” on Foxconn and China’s supply chain. However, with an important change, brand needs to transfer 5% of new device production to factories in India.
Besides the small migration, The iPhone 15 is expected to start production in India just a few weeks after starting production in China.. Previously, this range was two months for the iPhone 14 and six to nine months for older generations.
Apple’s strategy change aims to reduce its supply chain dependence on China. Also, the high investment of big technology and its suppliers in facilities in India is encouraged by “generous” subsidies from the local government.
In recent months, Apple has been hit hard by factory closures at Foxconn in China. As a result, the brand struggled to meet the demand for the iPhone 14 and iPhone 14 Pro at the end of 2022.
please note this Cupertino giant working to produce “100% American” iPhone. In December, CEO Tim Cook announced that the company would need to move from Taiwanese partner TSMC to processors made in factories in the US.
iPhone 15 Ultra with titanium body
reinforcing old rumors Economic Daily News emphasizes that iPhone 15 Pro may have been renamed iPhone 15 Ultra. However, the so-called trade name change has not yet been defined by Apple.
The publication also states that four variants of the iPhone 15 series will have the same dimensions as the iPhone 14 series. All new devices will also feature a Dynamic Island-enabled displayA special feature of the current iPhone 14 Pro models.
For more Must be iPhone 15 titanium back instead of stainless steel and tactile buttons on the sides. To comply with the new rules of the European Union, Apple phones should bring a USB-C port Instead of Lightning connectors.
iPhone 14 has a 6.1″ display, 5G connectivity, a 12MP camera and a resolution of 2532 x 1170 pixels at 460 ppi, ideal for taking high quality photos. It has Crash Detection function and longer battery life, up to 20 hours of video playback .
Source: Tec Mundo


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Bee Better certification program gaining steam
Bees are a lifeline for farms producing the world’s fruits, vegetables, nuts and other nutrient-rich foods. Bees pollinate billions of dollars’ worth of crops and play an essential role in our food supply. Pollinators are responsible for one in every three bites of food we eat and contribute more than $15 billion to our nation’s crop values each year.
But these days, we don’t see as many bees. That’s because they are dying at an increasing rate, making the future of our food security uncertain. Their plight is hardly a secret, and increasingly concerned citizens are responding with meaningful solutions.
Collaborations between farmers and USDA’s Natural Resources Conservation Service to create better landscapes for bees and other pollinators have been going on for several years. The recently launched Bee Better certification program funded through the NRCS Conservation Innovations Grant program has gained interest from big names in retail.
The Bee Better certification program certifies the use of pollinator-friendly conservation practices on farms. After the farmer is Bee Better certified, they can use the Bee Better seal on their product packaging, giving consumers


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Epic Games made an array of announcements for its growing digital games marketplace during its State of Unreal keynote this morning.
In the same session in which the firm announced a $100 million MegaGrants program and launched a new suite of online tools, Epic detailed some of the titles that will be heading to the Epic Games Store in future.
A new partnership with Private Division, Take-Two's new publishing label, will see Obsidian Entertainment's The Outer Worlds exclusive to the Epic Games Store and Microsoft Windows 10 Store for a year after launch, while Ancestors: The Humankind Odyssey will be made available exclusively through the Epic Games Store for its first year. Private Division said both games are still coming to consoles, and will be made available on other PC storefronts after a year.
And following its exclusivity deal for Tom Clancy's The Division 2, Epic has extended its partnership with Ubisoft to bring more PC releases to its store, including both forthcoming and back catalogue titles. Ubisoft is expected to announce these details at a later date.
Epic is also bringing Quantic Dream's titles to PC for the first time, with Heavy Rain, Beyond: Two Souls and Detroit: Become Human set to be exclusive to its store.
Other exclusives confirmed during the State of Unreal keynote included Remedy's Control, Typhoon Studios' Journey to the Savage Planet, Phoenix Labs' Dauntless, Yager's The Cycle, Night School Studio's Afterparty, Frogware's The Sinking City, Proletariat's Spellbreak and more.
"It's really about the games, not the store you sell it on"Steve Allison, Epic Games
It was also reiterated that Snapshot Games' Phoenix Point will be exclusive to the Epic Games Store, although -- as with several of the previous exclusivity deals -- this has proven to be divisive among PC games.
Epic Games indirectly addressed the controversy over its exclusivity deals by sharing details on the launch of Deep Silver's Metro Exodus -- the marketplace's first AAA exclusive. The post-apocalyptic shooter sold more than 2.5 times as many copies in its opening weeks on the Epic Games Store as the Metro: Last Light did when it launched on Steam.
However, head of store Steve Allison was quick to avoid giving Epic too much credit, telling attendees, "Metro: Last Light was a really successful game. This proves that it's really about the games, not the store you sell it on.
"We're super stoked to see this result and one thing we can say for certain is Epic Games Store is sure to make many hundreds of millions of dollars for our development partners this year."
Allison also shared figures for how well the free games offered every two weeks have been performing. The first title, Subnautica, was downloaded more than 4.5 million times in its first two weeks, and the current free title -- Monomi Park's Slime Rancher -- is on course to beat this.
Epic Games revealed the store's user base has grown to more than 85 million PC players.
Finally, the company announced it is partnering with Humble Bundle to enable developers to sell Epic Games Store titles through the Humble Store, including exclusives.
At first, the partnership will centre around Humble selling keys that are redeemable on the Epic Games Store, with plans to later allow users to link their Epic and Humble accounts to make direct purchases.
Epic Games will receive no revenue share from sales made through the Humble Store.


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On 31st January 2017, at the invitation of MEP Helga Trüpel, AEPO-ARTIS participated in a workshop at the European Parliament on online platforms and the value gap.
The workshop focused on the responsibility of online platform operators with regard to the remuneration of authors and performers. It considered questions such as “Who benefits from the use of platforms?” and “How can the ‘value gap’ be closed or at the very least reduced?”
The AEPO-ARTIS intervention was focused on explaining why the provisions in the draft directive on copyright relating to the value gap would not benefit performers in practice and advocated instead the implementation of the proposal of the FAIR INTERNET Campaign for an unwaivable right to receive equitable remuneration for the making available of performances on demand.
Other participants at the workshop included Amit Datta, a German academic from Humboldt University, Berlin, Michael Duderstädt, from GEMA, Isabelle Buscke, from the Federation of German Consumer Organisations and Maud Sacquet from CCIA, the Computer and Communications Industry Association.


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RANGOON — Fresh out of ideas for Rangoon eateries? Don’t worry, there’s an app for that.
“Foodie Myanmar” lists some 700 restaurants in Rangoon, complete with location, menu, specialties and average prices. Bet you didn’t even know there were 700 restaurants here.
The free app was created by local tech startup Motive Drive, and launched last December. Android users can download it at the Google Play Store, but iOS users will have to wait until next month.
Eateries are searchable by cuisine, type of venue, township or GPS location. It can also be used as a social platform, where food-lovers can connect with each other and share their experiences, photos and ratings. The app also offers a food diary, so users can keep track of their culinary adventures.
Foodie Myanmar will also keep you updated about special events at restaurants, promotions and food fairs. Tips on Burma’s favorite street-side snacks will come later, as will info about flavorful finds in other cities throughout the country.


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new Delhi. The wait for Apple’s iPhone 12 is going to end today. American tech giant Apple is going to officially unveil the upcoming iPhone sometime from now. Apple’s special event has started, in this event, everyone is waiting for the iPhone 12 series to appear. The event is virtual like the September event, in which the company launched new smartwatches and iPad models. The company first introduced the iPod mini, priced at $ 99.
You can watch the launch event on Apple’s site or live on Apple’s YouTube channel.


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- Walmart opened its first Walmart Health clinic in Dallas, Georgia, earlier this month and invited Wall Street analysts to the grand opening.
- At the event, analysts from Jefferies and Barclays were quick to point out a sensor-enabled flower-pot device.
- Business Insider has learned that the device is a prototype intended to be used in the home rather than in a clinic, and that it wasn't actually supposed to look like a flower pot. It's designed to measure people's heart rate and walking patterns.
- Flowers were just placed in an opening on the prototype ahead of the event.
- Walmart declined to comment on the device.
- Visit Business Insider's homepage for more stories.
At Walmart's new health clinic, a flower pot outfitted with sensors and a Walmart logo managed to move into the spotlight.
Walmart opened its first Walmart Health clinic in Dallas, Georgia, earlier this month and invited Wall Street analysts to the grand opening to showcase its plans to disrupt healthcare.
One unusual item caught Wall Street's attention. Analysts from Jefferies and Barclays were quick to point out a sensor-enabled flower-pot prototype at the clinic. According to the analysts, Walmart's device can analyze patients' heart rates and how they walk, ideally to get a sense of how they're faring.
Walmart declined to comment on the prototype.
An 'omnipresent detection system'
"Disguised as a flower pot, the omnipresent detection system can observe bodily movements and functions, such as heart rate, gait, and ultimately the progression of certain diseases, to help prevent negative outcomes that may be costly or worst, fatal," Barclays analysts wrote in a note after the event.
Analysts at Jefferies provided a similar picture of the flower pots and their purpose:
"Walmart is incorporating flower pots with three different sensors near store entrances to capture/measure customer vitals/one's gait for additional analysis," Jefferies analysts wrote.
But according to a source familiar with the device, the plan is to use the device in the home rather than in stores.
It's in line with what other companies have been exploring: using technology in the home to monitor the health of patients.
Best Buy and Amazon are bringing healthcare tech into homes
For instance, Best Buy has been investing in companies that make technology for seniors, including wearables, while Amazon's Alexa assistant made the leap into healthcare skills, including helping patients schedule appointments and track blood-sugar levels.
"This management team doesn't do things loosely and lightly," Karen Short, an analyst at Barclays, told Business Insider.
After testing and finding the optimal way to go about something — whether that's the clinics or this device — the Walmart team goes for it, she said. Short said Walmart was reluctant to provide details about the device, including how the device would get paid for and how much it might cost.
Walmart's device isn't meant to be a flower pot
According to photos taken by the analysts that were included in their notes, the prototype has the Walmart logo across a black bar on a white canister. Atop is an opening for flowers. Short said that during a tour of the health clinic, she'd been told about the flower pot before seeing it, and it didn't look as much like a flower pot as she had expected.
According to a person familiar with the device, it wasn't meant to be a flower pot. Ahead of the grand opening, the prototype had a hole in the top, which got filled with flowers, the person said.
"The flower pot's ambient sensors can pick up health conditions, which could be revolutionary for a growing elderly population and other at-risk demographics with predispositions for certain conditions, or simply those who live alone," Short wrote in the note.
Ideally, the flower pots could be sold and used at home to monitor people's health, Barclays wrote in its note.
Featured Digital Health Articles:
- Telehealth Industry: Benefits, Services & Examples
- Value-Based Care Model: Pay-for-Performance Healthcare
- Senior Care & Assisted Living Market Trends
- Smart Medical Devices: Wearable Tech in Healthcare
- AI in Healthcare
- Remote Patient Monitoring Industry: Devices & Market Trends


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VinFast slashes lease prices for first U.S. buyers, to deliver first EVs March 1
By Phuong Nguyen
HANOI (Reuters) - Vietnamese electric vehicle maker VinFast has cut the lease price for its first model shipped to the United States by more than 50% for its first customers in California, with delivery starting this week, according to the company and emails to customers reviewed by Reuters.
VinFast, a subsidiary of conglomerate Vingroup JSC, had said in January its first VF8 all-electric crossovers would be available to lease at a monthly payment of $599 for 24 months.
Its website showed as of Monday a monthly lease price of $399 for the vehicle for a 24-month lease.
VinFast told people who had already paid a refundable deposit on the car that the payment would be $274 per month in California, the first U.S. state to receive the vehicles, according to messages to those potential buyers reviewed by Reuters.
That amounts to a discount of between 33% and 54% from the initially advertised monthly lease price.
"This is our special offer to VinFast customers for the VF (NYSE: VFC ) 8 City Edition models in order to stay competitive with other brands," VinFast said in a statement.
"We will officially deliver the VF 8 City Edition vehicles to customers on March 1," it said, without specifying the number of units in the 999 batch shipped to California late last year.
The move represents the latest sign of increased price competition by EV makers. Tesla (NASDAQ: TSLA ), the global EV leader, cut prices globally by up to 20% in January, although it has increased prices on some models and in some markets by smaller margins since.
The Biden administration's EV credits, which took effect at the start of the year, have also changed the calculus for automakers and U.S. consumers.
Electric vehicles like those made by Tesla in North America qualify for a consumer tax credit of $7,500. Businesses, including the finance companies that underwrite car leases, can also claim a credit of up to $7,500 for EVs if the cars are sold by one of the companies certified by the IRS.
VinFast was not listed as one of the 39 "qualified manufacturers" on the IRS list as of Monday.
VinFast said earlier this month that US Bancorp (NYSE: USB ) would provide lease financing for the company's sales in the United States.
Vehicle subscription service Autonomy has a deal with VinFast to purchase 2,500 EVs, the companies said in November.
In a separate statement, VinFast's chairwoman Le Thi Thu Thuy said VinFast expected to deliver EVs in Canada, France, Germany and the Netherlands, following its deliveries in the U.S. market.
The VF 8 City Edition comes in both Eco and Plus trim with an EPA-rated range of 207 miles (333 km) and 191 miles (307 km) respectively, the company said.
The company has filed for an initial public offering in the United States and plans to build an EV assembly factory in North Carolina.
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Tatari, an analytics platform for buying and measuring advertising, has formed an exclusive partnership with Clearco under which Clearco will provide young companies with up to $10 million for TV advertising, and Tatari will help them grow their brands by spending it.
The novel buy-now, pay-later arrangement comes at a time when direct-to-consumer companies are having more success buying television, and companies like Tatari can provide digital-minded marketers with data to confirm the effectiveness of their campaigns.
“The data consistently proves that TV advertising performs for growth-stage companies. When these brands want to scale their investments, the cost of TV media can become a barrier to entry,” said Todd Gordon, VP of client development at Tatari.
“Tatari’s deal with Clearco aims to address that sticking point,” Gordon said. “Brands can now fund their TV advertising with quick, sensible financing without having to raise it as venture capital, and we can immediately put that money to work in the form of data-driven, performance-minded TV ad buys.”
Since being founded in 2015, Clearco (formerly known as Clearbanc) has invested more than $2 billion in 4,000 online businesses.
“In the past year, we’ve seen consumers buy goods and services online, pushing more dollars into e-commerce,” said Andrew D’Souza, CEO & co-founder of Clearco. “While a larger market means more ecommerce merchants, advertising still is one of the largest costs for growing brands. And traditional equity-based financing can dilute the cap table. Our partnership with Tatari provides the solution for companies to grow and leverage data-driven practices to TV.”
Instead of taking equity, Clearco provides funds for media buying for a fee and a share of future revenues.
One of the first clients to take advantage of the Clearco partnership with Tatari is Resident’s Nectar Sleep Brands. Resident has been working with both companies separately.
“Performance marketers are always interested in inventory that can be proven to generate outcomes, and Tatari has made it possible for us to hold TV to that rigorous standard.” said Eric Hutchinson, co-founder and co-CEO of Resident. “Clearco was also a key partner to help fund our marketing spend in the early days of Nectar Sleep without diluting the business."
Most young companies start slow with TV, but soon become believers, said Tatari’s Gordon, who headed negotiations as U.S. director at Magna Global before moving on to posts at Tube Mogul and Adobe.
“Our clients are growth junkies. They’re addicted to growth and we show them in small doses that TV can work,” Gordon said. “And then once it does, they’re off to the races. If you can show that Bravo works, if you can show that ESPN works, you can spend a million dollars a week.”
Tatari helps make sure the media spending pays off. “We read the data in the moment and take quick action to optimize away from the things that aren’t working and optimize towards the things that are working, and then try to scale,” Gordon said. “There’s more on-demand funding as you need it. It fits well with the way we look at the media world.”
The partnership is also good for Tatari, he said. “It brings benefits to our client and honestly, help us to continue to grow as amazingly fast as we are.”
Program Note: Future's Advanced Advertising Summit is today (April 27), register for free at SpringTVEvents.com. On-demand session viewing after the event available for registered attendees.
Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.
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The Restoration of America’s Wire Act, a bill introduced in March to ban online gaming in the US, has caused a bout of spending from supporters and opponents.
OtherLevels, a mobile marketing and analytics platform, is selected by Betfred to power the brand’s native mobile messaging campaigns.
Boyd Gaming has announced several senior executive appointments aimed at refining the company’s operations and driving future growth.
Net Entertainment launches two slot games, as players enter a forgotten land in Lost Island™ and share pig fun in Piggy Riches Touch™.
SugarHouse Casino in Philadelphia, formerly known as Philly’s Casino, has broken ground on a $164m expansion plan set to open in 2015.
BCN World today received proposals from Caesars Entertainment, Melco International and Hard Rock for three of the six available licenses.
Caesars Entertainment has introduced EV charging stations for guests to plug in and charge their electric vehicles at 13 of its casino resorts.
Russian President Vladimir Putin has signed a law authorising the establishment of casino entertainment zones in Crimea and Sochi.
Inspired Gaming signs a five-year extension with William Hill to supply server-based video lottery gaming machines and virtual sports.
Vying for a spot in the world of online gaming, Churchill Downs is investing $10m to develop casino software and receive online bets.


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Where's Janet Reno when you need her?
A decade and a half after the United States and then-Attorney General Reno sued Microsoft in a celebrated antitrust case, China is investigating Microsoft's distribution of its Internet browser and media player. It's also looking at how the company sells its Office and Windows software in the country.
During a Beijing news briefing, Zhang Mao, who heads China's State Administration for Industry and Commerce, said that "the investigation is presently ongoing, and we will disclose the results to the public in a timely fashion." He added that the probe is part of nine investigations China is conducting in various sectors, ranging from tobacco to telecommunications.
Zhang also said that "Microsoft is suspected of incomplete disclosure of information related to Windows and Office software, as well as problems in distribution and sales of its media player and browser."
It's not clear whether the announcement was tied to surprise inspections Chinese authorities carried out at four Microsoft offices in China last month.
Microsoft subsequently issued a statement, saying that it was "serious about complying with China's laws and committed to addressing SAIC's questions and concerns." It had no further comment.
In May 1998, the US Justice Department and 20 states sued the company, arguing that Microsoft had unlawfully leveraged a monopoly in PC operating systems. Among other things, the suit said, the company had tied Internet Explorer to Windows in such a way as to give the browser an unfair advantage over rival products. After a nine-month trial, a Federal District Judge concluded that the company had indeed broken the law. However, an appeals court later reversed the judge's conclusions, even while it upheld the monopolization charge.
The bundling question also proved problematic for Microsoft's business in Europe. The European Commission carried out its own investigation and judged the bundling of Windows with the media player to be unlawful.


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What happened? Why is inflation so high that it makes the cost of living hard for everybody? Although it is a tricky topic to swallow, it’s also pretty simple. High inflation was caused by several factors that happened one by one.
1. Money printing and interest rates
The root of all problems was COVID-19. It could’ve caused one of the worst crises ever, so central banks started printing money at record levels, sending stocks and other risk-on assets to astronomic levels. Fed also decreased interest rates drastically from 1.75% to 0.25%, which boosted the economy like it was on steroids.
However, this also allowed the creation of ‘cheap money’, a rise in wages, stocks, and cryptocurrencies, which led to overvalued markets and rising inflation. The more money in circulation, the less valuable it became.
Related article: These 5 countries avoided high inflation (at least for now)
That is how inflation started to take off. Inflation in the US averaged 1% in 2020, but it jumped in 2021 from 2% to almost 10% at the beginning of 2022. But in the midst of this inflation rise, other factors started to enter the game and push it even higher.
2. Demand-pull inflation
Demand-pull inflation is when the demand for goods and services increases quicker than the economy’s production capacity. It’s the most common cause of rising prices. This is because demand was high, and supply couldn’t keep up, which was also caused by the Russia-Ukraine war in Europe.
The supply could not keep up with demand, and producers may not have had time to create the necessary manufacturing to increase the supply. A shortage of raw resources or a lack of trained labor could also prevent them from succeeding. If sellers don’t increase their asking price, they’ll sell out and soon discover they can now afford to boost pricing.
This causes inflation if enough sellers engage in it, which is the perfect case of what happened last year, and it is still ongoing. As prices grow, inflation becomes a more common concern. Customers are encouraged to spend more now to prevent price increases in the future by this anticipation, which fosters growth even more.
3. Cost-push inflation and energy crisis
Finally, there is also cost-push inflation, which directly results from the increase in production cost and supply shortage. The supply side is impacted by a number of factors that cause inflation. Cost-push inflation, for instance, might result from interruptions in the global supply chain, such as the one brought on by the pandemic in 2020.
Read more: Paul Tudor Jones shows how to spot a market bottom
Some economists mention rising salaries as another element that can lead to inflation driven by supply. According to this hypothesis, businesses would typically respond to pressure to increase employee pay by increasing prices to cover these costs.
These 5 countries avoided high #inflation (at least for now) 🙌💸
➡ Inflation is the hottest topic in 2022, and almost everyone experiences price increases in products and services.#hyperinflation #recession #crisis #trading #trader #market #investrohttps://t.co/9gyqjOkz0y
— Investro.com (@investrocom) October 7, 2022
Also, as commodities experienced a surge in prices, this pushed the prices of food and energy significantly higher. Now that people have gotten used to higher inflation and expect it to continue to rise, it has become built-in inflation, where wages also need to increase to keep up with the status quo. However, the opposite is actually the reality as people struggle to keep up with the rising inflation.
It’s all basically a snowball effect that has no end when it gets out of hand. Central banks may saved the economy temporarily in 2020, but they failed to act quicker in 2021, and this may cause long-term damage to the economy in the upcoming years.
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