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US: Wal-Mart to go "head-to-head" with Tesco
Wal-Mart is reportedly set to launch a counter-attack to Tesco's move into the US with its own plans to open smaller grocery stores.
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- CAGNY analysis: Danone's growth strategy
- US food next wave on display at Winter Fancy Food
- How General Mills plans to grow - CAGNY
- Comment: Meal kits in US - don't believe the hype
- Interview: A2 Milk Co. chair firm's rapid rise
- Unilever launches operational review
- Nestle launches global sugar target
- Bonduelle to buy US produce group Ready Pac Foods
- Unilever 'giving serious thought to split'
- ABF sees further grocery revival


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The State of Consumption Today
“By virtually any measure—household expenditures, number of consumers, extraction of raw materials—consumption of goods and services has risen steadily in industrial nations for decades, and it is growing rapidly in many developing countries.”
By one calculation, there are now more than 1.7 billion members of “the consumer class”—nearly half of them in the developing world. A lifestyle and culture that became common in Europe, North America, Japan, and a few other pockets of the world in the twentieth century is going global in the twenty-first.
Worldwide, private consumption expenditures—the amount spent on goods and services at the household level—topped $20 trillion in 2000, a four-fold increase over 1960 (in 1995 dollars).
As incomes rise, people are gaining access to a multitude of consumer items associated with greater prosperity:
- In 2002, 1.12 billion households—about three quarters of humanity—owned at least one television set.
- There were 1.1 billion fixed phone lines in 2002, and another 1.1 billion mobile lines.
- The Internet now connects about 600 million users.
At least part of the rise in global consumption is the result of population growth. The U.N. projects that world population will increase 41 percent by 2050, to 8.9 billion people, with nearly all of this growth in developing countries.
This surge in human numbers threatens to offset any savings in resource use from improved efficiency, as well as any gains in reducing per-capita consumption. Even if the average American eats 20 percent less meat in 2050 than in 2000, total U.S. meat consumption will be 5 million tons greater in 2050 due to population growth.
A growing share of the global consumer class now lives in developing countries. China and India alone claim more than 20 percent of the global total—with a combined consumer class of 362 million, more than in all of Western Europe. (Though the average Chinese or Indian member consumes substantially less than the average European.)
Developing countries also have the greatest potential to expand the ranks of consumers. China and India’s large consumer set constitutes only 16 percent of the region’s population, whereas in Europe the figure is 89 percent. Indeed, in most developing countries the consumer class accounts for less than half of the population—suggesting considerable room to grow.
Every day in 2003, some 11,000 more cars merged onto Chinese roads—4 million new private cars during the year. Auto sales increased by 60 % in 2002 and by more than 80 % in the first half of 2003. If growth continues apace, 150 million cars could jam China’s streets by 2015—18 million more than were driven on U.S. streets and highways in 1999.
“People must consume to survive, and the world’s poorest will need to increase their level of consumption if they are to lead lives of dignity and opportunity.”
While the consumer class thrives, great disparities remain. The 12 percent of the world’s population that lives in North America and Western Europe accounts for 60 percent of private consumption spending, while the one-third living in South Asia and sub-Saharan Africa accounts for only 3.2 percent.
The consumer society has strong allure and carries with it many economic benefits, and it would be unfair to argue that the advantages gained by an earlier generation of consumers should not be shared by those who come later. Indeed, lack of attention to the needs of the poorest can result in greater insecurity for the prosperous and in increased spending on defensive measures. The need to spend billions of dollars on wars, border security, and peacekeeping arguably is linked to a disregard for the world’s pressing social and environmental problems.
“If the consumption aspirations of the wealthiest of nations cannot be satiated, the prospects for corralling consumption everywhere before it strips and degrades our planet beyond recognition would appear to be bleak.”
Despite rising consumption in the developing world, industrial countries remain responsible for the bulk of the world’s resource consumption—as well as the associated global environmental degradation. Yet there is little evidence that the consumption locomotive is braking, even in the United States, where most people are amply supplied with the goods and services needed to lead a dignified life.
“If the levels of consumption that...the most affluent people enjoy today were replicated across even half of the roughly 9 billion people projected to be on the planet in 2050, the impact on our water supply, air quality, forests, climate, biological diversity, and human health would be severe.”
Today’s human economies are designed with little attention to the residuals of production and consumption. Among the most visible unintended byproducts of the current economic system are environmental problems like air and water pollution and landscape degradation. Nearly all the world’s ecosystems are shrinking to make way for humans and their homes, farms, malls, and factories. WWF’s Living Planet Index, which measures the health of forests, oceans, freshwater, and other natural systems, shows a 35 percent decline in Earth’s ecological health since 1970.
Calculations show that the planet has available 1.9 hectares of biologically productive land per person to supply resources and absorb wastes—yet the average person on Earth already uses 2.3 hectares worth. These “ecological footprints” range from the 9.7 hectares claimed by the average American to the 0.47 hectares used by the average Mozambican.
“The failure of additional wealth and consumption to help people have satisfying lives may be the most eloquent argument for reevaluating our current approach to consumption.”
Individuals often face personal costs associated with heavy levels of consumption: the financial debt; the time and stress associated with working to support high consumption; the time required to clean, upgrade, store, or otherwise maintain possessions; and the ways in which consumption replaces time with family and friends.
Aggressive pursuit of a mass consumption society also correlates with a decline in health indicators in many countries, as obesity, crime, and other social ills continue to surge.
“The economies of mass consumption that produced a world of abundance for many in the twentieth century face a different challenge in the twenty-first: to focus not on the indefinite accumulation of goods but instead on a better quality of life for all, with minimal environmental harm.”
Consumer advocates, economists, policymakers, and environmentalists have developed creative options for meeting people’s needs while dampening the environmental and social costs associated with mass consumption. In addition to helping individuals find the balance between too much and too little consumption, they stress placing more emphasis on publicly provided goods and services, on services in place of goods, on goods with high levels of recycled content, and on genuine choice for consumers.
Governments can reshape economic incentives and regulations to ensure that businesses offer affordable options that meet consumers’ needs. They also have a role in curbing consumption excess, primarily by removing incentives to consume—from subsidized energy to promotion of low-density development.

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Displaying items by tag: redesign
Land Rover has been spotted testing a prototype for a redesigned Range Rover.
The new mid-size luxury SUV is expected to debut alongside a redesigned version of the stretched Range Rover Long Wheelbase late next year, which means we'll likely see it arrive as a 2022 model. A new Range Rover Sport should also be coming, likely one year after the Range Rover.
Land Rover only last year introduced an updated Range Rover that offered a new inline-6 engine and mild-hybrid system as the base power train. But the current generation dates back to 2013 so it makes sense the redesigned, fourth-generation model is coming up soon.
Compared to the current Range Rover, Land Rover's design team looks to have implemented a slightly less boxier shape for the redesigned model's cabin. The wheel arches also appear to be a bit more pronounced. Finer details, like the accents in the lights.
Land Rover is working on a Redesing for new Range Rover.
Release date for Redesign 2022 Range Rover
The regular as well as long-wheelbase versions of the redesigned, fourth-generation Range Rover are expected on sale in late 2021 as 2022 models. A new Range Rover Sport should also be coming, likely one year after the regular Range Rover.
Underpinning the vehicle will be Land Rover's new MLA (Modular Longitudinal Architecture) platform that debuts this year in a Jaguar XJ. It was previously thought the platform would debut in the redesigned Defender but Land Rover went with an evolution of the D7 platform instead for the off-roader. The D7 platform underpins the outgoing Range Rover and Range Rover Sport, as well as the Discovery.
The MLA platform has been designed to fit battery-electric powertrains and will eventually underpin most models from the Jaguar and Land Rover brands. The platform will also be lighter than the aluminum-intensive D7 platform.
2022 Range Rover Engine
Regarding engine, expect the that 2022 Range Rover Redesign to feature the inline 6 engine and mild-hybrid system. The setup is good for 355 horsepower and 365 pound-feet of torque in base P360 guise and 395 hp and 406 lb-ft in sportier P400 guise.
Above this should be a new plug-in hybrid setup featuring the inline-6 engine mated to an electric motor at the front axle and a second electric motor powering the rear axle. The current Range Rover plug-in hybrid only has a single-electric motor setup. A battery-electric engine will also be offered in the new Range Rover at some point.
It isn't clear if a V-8 will be offered with the redesigned Range Rover, though a deal with BMW Group could potentially make it happen. Jaguar Land Rover and BMW Group are already poised to share some engines and electric engine, and hopefully a V-8 is on the cards.
Production will be handled at Land Rover's plant in Solihull, United Kingdom, where the current generation is built.
After plugging into the electric-car market Porsche isn't anywhere close to being done with its EV offensive in the coming years. According information which we have the new 2022 Porsche Macan will be pure-electric, and thanks to a new report, we now have a clearer idea of when we'll see the Macan EV hit the road. The exception will be some small operation with Rimac.
2022 Porsche Macan Release date
Release date for new 2022 Macan should be at the end of next year. Considering situation with Coronavirus all over the world, this promotion can be postponed.
Competitors of new 2022 Macan
When we look what competitors do on this field, we see the similar action from Ford with the Mustang Mach-E. From the other side, big competitor in this segment is Tesla Cybertruck and new GMC Hummer.
2022 Porsche Macan Engine (Battery)
Porsche executives that point to as much as 700 horsepower (525 kilowatts) in a Turbo S variant. Obviously it won’t actually have a turbocharger – like the Taycan it will follow Porsche’s familiar naming structure for trim levels. That means there will be a standard Turbo and other submodels to spruce up the Macan EV lineup.
Porsche had confirmed the Macan will sit on this so-called Premium Platform Electric (PPE). We don't know much else about the upcoming electric Macan, except that it will feature 800-volt charging technology. Also, he will be produced at the same Leipzig factory that makes the current, fossil-fuel-powered versions of the small crossover.
The Macan has become the company’s best-selling vehicle in a relatively short amount of time. Nixing internal-combustion power completely is something Porsche buyers might not be ready for, but with the speed at which the auto industry is currently evolving, things could be very different come 2024.


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Doughnut lovers rejoice: Krispy Kreme coming to Prattville
PRATTVILLE — The “Hot Now” sign will be flashing in Prattville early next year.
Crews have begun site prep work on a parcel of land at the Exchange Shopping Center, near the intersection of Cobbs Ford Road and U.S. Highway 82. It will be a Krispy Kreme location, according to records on file at the city’s planning department. The news of the new doughnut shop began filtering out a couple of days ago.
More:Prattville chiropractor faces drug charge
And to be honest, several convenience stores in the city sell Krispy Kreme doughnuts. But it’s just not the same, said Laurel Taylor, who even has an app on her smartphone that tells her when the iconic neon light lights up.
“Every time we are in Montgomery we drive by Krispy Kreme on the Atlanta Highway,”
she said. “Even if the light isn’t on, we are going to stop. When the kids are with us, we even have a little dance we do in the car when we see the light.”
Mark Edwards is another Prattville resident celebrating the news, kind of.
More:Prattville woman charged after attempting to cover up Confederate monuments
“Uh, oh, there goes my diet,” he said, with a laugh. “I could always justify stopping by at the store down in Montgomery, because I don’t get over to that side of town that often and it was a special treat. The Prattville Krispy Kreme is like a mile from our house, and right on the way to work.
“I know if I pass the store coming home in the evening and that light is on, I’m going to stop.”


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China's latest export control on gallium and germanium-related items is not a ban on relevant exports, and permits will be granted if exports comply with the relevant regulations, the commerce ministry said on July 6.
The export control is to make sure these items are used for legal purposes, and it aims to safeguard national security and better fulfill international obligations, Shu Jueting, spokesperson for the Ministry of Commerce, told a press conference.
Industrial products and materials containing gallium and germanium can be used for both military and civilian purposes, Shu said, adding that export control is international customary practice and major countries in the world have also imposed such control.
China's measure does not target any specific country, and prior notifications had been provided through channels such as the China-U.S. and China-EU export control dialogues before the notice was issued, she said.
The Ministry of Commerce and the General Administration of Customs issued a notice on imposing export restrictions on industrial products and materials containing gallium and germanium on Monday. The restrictions will take effect from August 1.


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Jason Chen first performed in public in the status of Acer General Director. At a meeting with reporters at the company’s headquarters in Taiba, the head told about the main mistakes «cloud» Strategies.
According to Mr. Chen, Acer hurried with investments in sensory devices and ultrabooks, since at the time of investment, these products have not yet gained popularity.
«We wanted to stimulate demand through new technologies and showed an initiative that no one had. However, we suffered from this activity. I hope that we will not repeat that mistake anymore», — The general director of Acer said.
In an interview with reporters, he also said that the company’s consumer devices will receive a new cloud platform called Build Your Own Cloud. Jason Chen did not go into details, but added that Acer intends to earn on the growing base of cloud services, especially since the company has experience working with data centers and technologies in the field of network security.
Now the Taiwanese manufacturer offers AcerCloud service users and mobile devices, designed for storage and exchange of various data — photographs, documents, musical compositions and other content. Prepared cloud initiatives will expand the capabilities of AcerCloud.


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American consumers are feeling less optimistic for September, according a report released Friday.
Consumer sentiment was 85.7 in September, down from 91.9 in August, according to a monthly survey by the University of Michigan. That missed expectations for 91.2 from analysts polled by Thomson Reuters.
The reading represented a 6.7 percent monthly decline and a 1.3 percent increase from this time last year.
The closely-followed barometer of measures U.S. consumers’ attitude about the economy, including overall sentiment, feelings on the current economy and future expectations. Feelings about current economic conditions and future expectations also hit the lowest since October 2014.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.


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Need to Node – Volume 18
Last week was Node Summit in San Francisco, meaning that quite a few of the major users of Node.js centralized in a single location for a few days. It was an interesting week, and as such things seemingly slowed down a bit. As always, though, there were a few interesting things that happened in the project!
Here’s a quick recap of updates in the various Node.js Working Groups, Teams, and Strategic Initiatives from the past week:
What’s New in the Node.js Project
The i18n Initiative is currently working on building out a module that enables importing of translations, one of the key pieces of infrastructure for the project.
Planning has already begun for the Node.js Collaborator’s Summit following JS Interactive in Vancouver, with this year’s Summit being open to community members who are interested in participating in the project at a deeper level.
The node-chakracore team has released node-chakracore v10.6.0 – always exciting to see new releases of the project!
The Release WG is actively discussing the possibility of shipping an npm-less version of Node.js, most recently prompted by efforts from the Docker WG to actually ship a docker image that doesn’t have npm.
Awesome Articles, Links, and Resources
Why the New V8 is so Damn Fast by Thorsten Lorenz
ndb – an improved development debugging experience, from the DevTools team
The Age of "Node.js and…" by Tierney Cyren
One Last Thing...


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Uber has announced that it is working with Newham, Brent and Redbridge county councils to install 700 fast chargers in London, boosting the capital’s charging network by more than 7%.
While aimed primarily at keeping Uber drivers moving, chargers will also be provided for general use. The scheme is part of a £5m investment from Uber in the hope of improving access to street charging and tackling air pollution.
Uber Nordic General Manager Jamie Heywood said: “Drivers often tell me that being able to access a reliable charging source close to their home is crucial to their decision to switch to EVs. their. By targeting investments where they are needed most, we are confident that thousands more drivers will switch to electricity.”
Later this year, Uber will expand its ‘Uber Green’ tram-only option to all of London – meaning Uber customers will be able to ‘buy’ an electric car from anywhere in the city for a low price. equivalent to an internal combustion alternative.
Uber also recently announced that it has been working with British car manufacturer Arrival, to purpose-built EV for a ride-hailing company. The appearance has suggested that the car will go on sale next year.
Looking to switch to EVs? Check the best electric cars on sale here…


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Trove Reveals Additional Info On Upcoming Adventures Expansion
It’s been a few weeks since Trove developer Trion Worlds announced the upcoming free expansion called Adventures. The studio’s latest press release reveals additional information about the changes coming to the voxel game when the massive new expansion comes out in November.
“Trove – Adventures presents players with a fully revamped Club system where they can customize their own player-created club worlds. Clubs connect Trovians with each other, allowing them to play together to go on adventures, level up their clubs, and power up their characters! All-new Fixtures are upgradable, customizable structures that players can create in their clubs, spawning iconic NPCs that will grant them epic adventures and provide club-wide buffs.”
The expansion will also introduce the new Forbidden Spires biome which will feature Asian-inspired architecture and designs. The biome will also include new NPCs, Lairs, and Dungeons including one inside a flying dragon. Talk about being in the belly of the beast.
In addition, Adventures will also feature the new Mastery system, revamped leaderboards, a new Adventure window, and new recipes called Frameworks for pre-built items like statues and buildings.
The Adventures expansion rolls out on PC, Mac, PlayStation 4, and Xbox One on November 14th. Learn more about the expansion in the video below.


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Pensacola woman wins $1 million prize in The Fastest Road to $1,000,000 scratch-off game
A Pensacola woman claimed a $1 million top prize in a scratch-off game, according to a news release from the Florida Lottery on Friday.
Bridget Burgess, 51, purchased a winning ticket in The Fastest Road to $1,000,000 scratch-off game from Barrancas Food Mart at 3682 Barrancas Ave. in Pensacola.
She chose to receive her winnings as a one-time, lump-sum payment of $790,000.
Previous winner:Pensacola man wins $1 million with scratch off lottery ticket
The retailer will receive a $2,000 bonus commission for selling the winning scratch-off ticket.
The $30 game, The Fastest Road to $1,000,000, launched in February 2020 and features 155 top prizes of $1 million and over $948 million in cash prizes. The game’s overall odds of winning are 1 in 2.79.
Scratch-off games are an important part of the lottery's portfolio of games, comprising approximately 75% of ticket sales and generating more than $1.3 billion for the Educational Enhancement Trust Fund in fiscal year 2020-21, according to the Florida Lottery.
The Florida Lottery reinvests 99% of its revenue back into Florida's economy through prize payouts, commissions to more than 13,000 Lottery retailers, and transfers to education.


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Apple Inc. (NASDAQ:AAPL) has cleaned up its act, so to speak, and environmentally conscious money managers are sitting up and taking notice. Apple stock has quickly become a favorite of green mutual funds, thanks to the company’s efforts to improve its score on the environmental report card.
Apple stock becomes some funds’ top holding
According to Reuters, Apple Inc. (NASDAQ:AAPL) has become one of several environmentally-focused mutual funds’ top holdings. Of course Apple stock makes money, so that’s a big help too. The company’s stock has climbed 15% so far this year and ranks 19th in terms of gains among the S&P 100 index. Data from Reuters indicates that Apple stock is the top holding of several major funds, including Parnassus, the Green Century Balanced Fund and the Calvert Equity Portfolio. Apple is also the Pax World Balanced Fund’s third-biggest holding.
Yost Partners was up 0.8% for the first quarter, while the Yost Focused Long Funds lost 5% net. The firm's benchmark, the MSCI World Index, declined by 5.2%. The funds' returns outperformed their benchmark due to their tilt toward value, high exposures to energy and financials and a bias toward quality. In his first-quarter letter Read More
Anthony Tursich, who manages the Portfolio 21 Global Equity Fund, bought Apple Inc. (NASDAQ:AAPL) in 2011 after it started to publish more data about emissions. He told Reuters that he only bought Google Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) after it progressed in its renewable energy initiatives.
Tracking green mutual funds
Thomson Reuters’ Lipper unit tracks 72 different funds that use environmental criteria when making decisions about their investments. Lipper reported that for the 12 months that ended on April 30, investors placed $1.9 billion in new money into those funds. Although this is just a small fraction of all U.S. equity funds, it’s a 5% inflow, which Lipper chief Tom Roseen said was “significant.”
According to Lipper, more than $1 billion, which was most of the new money, went into the Parnassus Core Equity Fund.
Apple cleans up its act
Managers of environmentally-focused funds say they have a few reasons for becoming interested in Apple Inc. (NASDAQ:AAPL). The company has made its practices more environmentally friendly, thus earning higher scores from eco-conscious organizations like Greenpeace. Apple has set a number of new policies in place like more recycling of products and the use of solar energy to power its massive data farms. CEO Tim Cook said at one of the company’s recent shareholder meetings that investors who are more interested about return on investment than the environment should sell out of Apple stock.
Apple Inc. (NASDAQ:AAPL) has also made a number of key hires to improve its green initiatives, including former Environmental Protection Agency chief Lisa Jackson. Also former Vice President Al Gore, known as an advocate for the environment, sits on Apple’s board.
Apple’s scores could improve
However, Apple Inc. (NASDAQ:AAPL) still has a ways to go in environmental initiatives, according to green organizations. Advocacy group Ceres gave the company a 4 on its carbon footprint, which is the lowest score. A spokesperson said the company hadn’t released enough details to earn a better score as of last fall, but that could change because Apple has been taking steps since that last report.
Also Greenpeace has criticized Apple Inc. (NASDAQ:AAPL) in the past for not moving fast enough in removing hazardous materials from its products. However, this year the organization said Apple is pulling ahead in the use of sustainable energy.


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Prada And Miu Miu Are Going Fur-Free
"Focusing on innovative materials will allow the company to explore new boundaries of creative design"
Prada Group has announced that Prada, as well as all of its brands, will now be fur-free. According to a press release from the Humane Society, Prada, Miu Miu, Church's, and Car Shoe will ban the use of fur beginning with the Spring/Summer 2020 collection (aka the Fashion Week coming up next). The list of fashion designers banning fur only continues to grow, with 3.1 Phillip Lim, Coach, Armani, Versace, Gucci, and more having stopped using the material in seasons past.
"The Prada Group is committed to innovation and social responsibility, and our fur-free policy—reached following a positive dialogue with the Fur Free Alliance, in particular with LAV and the Humane Society of the United States—is an extension of that engagement," Miuccia Prada told the Human Society. "Focusing on innovative materials will allow the company to explore new boundaries of creative design while meeting the demand for ethical products."
Following London Fashion Week designers forgoing the use of fur in September and the first-ever Vegan Fashion Week taking place in February, it's easy to imagine an entirely fur-free fashion future. It's especially easy, I presume, for the brands to consider a fur-free future, given that entire cities and states are taking a stance. New York is following in the footsteps of Los Angeles banning fur, with a bill proposed this March that would ban sales across New York State.


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All roads lead to the Bridge. To celebrate the opening of our new flagship store on Østergade 21 in Copenhagen, we hosted an evening event filled with DJ:s, drinks and live performances.
Among the guests were our local heroes: the creative talents Raiden Rose, Anton Thiemke, Chilia Dia, Veronica Gram, Shami Ezra and Kasper Miz – all wearing some of their favorite pieces from the upcoming Fall Winter 2023 collection.
Stay tuned for the opening on August 11.
- MORE NEWS


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This article is more than 1 year old
Shop-lock, stock drop and barrelled results: Nasdaq threatens Tintri with delisting
It's not looking good for array-flinger
The noose around Tintri's neck tightened today as Nasdaq confirmed it will delist the company's stock on Thursday July 12.
The near-bankrupt, near office-less and employee-less Tintri was sent what's called a Staff Delisting Determination Letter from the US exchange that its shares are traded on, as the storage array biz has failed to file results for Q1 ended 30 April, 2018.
Unless the company requests an appeal of the delisting determination, trading of the company’s common stock will be suspended at the opening of business on July 12, 2018, and Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the company’s securities from listing and registration on Nasdaq.
That means it effectively no longer exists as a publicly traded entity unless its shares can be traded on an alternative market somewhere else.
Slow-mo Tintri train-crash continues: Firm shuts up shop across EuropeREAD MORE
Tintri said it had not yet decided whether it will file an appeal against the delisting determination.
A 26 June SEC filing said it had already received notice of noncompliance from the Nasdaq Stock Market and was at risk of delisting.
There is no dignity in this. The company has laid off virtually all of its staff, some claiming to have missed out on their final month's salary, has no manufacturing capability, many of its offices are shut, and support exists only as voice mail for customers to log problems.
The storage arrage supplier revealed it would run out of cash at the end of June and nothing has happened to give customers any certainty that Tintri can survive.
Some existing customers and channel partners profesed their love of the tech, but insiders told us the sales teams at Tintri were unable to convince more businesses to put their faith in its wares.
We were told that behind the scenes, Tintri has spoken to interested parties about selling its IP, but all signs point toward a bankruptcy of the business. ®


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CME Group has just published the specifications for its upcoming bitcoin options contracts.
The Chicago exchange revealed Wednesday that each contract would be based on one of CME’s bitcoin futures contracts (which in turn consists of five bitcoin); the contracts would be quoted in U.S. dollars per bitcoin with a tick size of $25 (or $5 for reduced tick sizes); and would trade from 5:00 P.M. Central Time Sunday to 4:00 P.M. Central Time Friday.
An FAQ added that the options will settle into one futures contract when trading ends.
CME first announced its intention to launch options contracts on top of its existing bitcoin futures product last month, targeting a launch date sometime in the first quarter of 2020, pending regulatory approval.
CME’s bitcoin options will be similar to the options contracts it offers on top of other futures products, he said, and offers traders a way of hedging their risks against spot and futures positions.
CME published the specifications days after competitor Bakkt announced it would begin offering a similar product on its own futures contracts beginning in December 2019.
Bakkt announced last week that it would begin offering options on its physically-settled bitcoin futures contracts beginning Dec. 9. Bakkt CEO Kelly Loeffler said in a blog post that the Intercontinental Exchange’s subsidiary had received customer feedback asking for the product.
In a September interview, CME global head of equity index and alternative investment products Tim McCourt said the new product was also inspired by customer feedback.
“Where we’re at in the process, we’ve done extensive validation with members and after this announcement we’ll continue to engage with market participants who have input on how the product should be designed and …. We’ll continue to make sure it meets their needs,” he said.
“I think the response has been strong, we’re excited about bringing to market. It’s not too dissimilar to the futures when we are engaging with customers … The fact that options will be listed on a regulated venue and will be centrally cleared continue to resonate with the marketplace.”
Tim McCourt image via CoinDesk archives


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Olivia Wilde sheds her vegan diet
London: Actress Olivia Wilde has abandoned her vegan lifestyle during her pregnancy.
The 29-year-old actress, who is expecting her first child with her fiance Jason Sudeikis, said she has reintroduced animal products into her life after five years of following a plant-based diet, reported Femalefirst.
Asked if she was sticking to vegan food during her pregnancy, the `Her` star, who was named PETA`s Sexiest Vegetarian celebrity in 2010, said, `No, I`m not.`
The brunette beauty insisted she still supports the idea and hinted she will return to being a vegan once she delivers her baby next year.


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Nokia smart TV with 'Sound by JBL' launched in India at Rs 41,999
The Flipkart-exclusive TV will be available starting December 10.
The Nokia-branded 55-inch smart TV boasts of 'Sound by JBL', which can be a beneficial move for the brand, as it is the first time that JBL is bringing its audio expertise to a TV in India.
We bring to you, for the first time ever, Nokia Smart TV with Sound by JBL, launching in India on 5 Dec. Watch thi… https://t.co/VaOhTqjcnU— JBL India (@JBLSoundIn) 1575436869000
Powered by 24 watt built-in speakers, "DTS TruSurround" and Dolby Audio to enhance the overall audio experience, the TV runs Android 9.0 Operating System (OS) giving users access to apps on the Android TV Play Store.
It sports a quad-core processor and 2.25GB RAM and 16GB ROM, and the visuals are bolstered with "MEMC" technology, which eliminates blurs and judders for a screen shift devoid of lags, thus, offering better picture definition.
The TV, comes with a built-in Chromecast and Google Assistant, and will be available on the e-commerce platform starting December 10.


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Blog: China's Yili gained as dairy market curdled in 2015
Dean Best | 26 July 2016
Rabobank's annual league table of the world's largest dairy companies has been released - and the data underlines what a challenging market it has been in recent months.
"The big story in this year’s top 20 list of dairy companies - based on turnover - is the shrinkage of the overall size of the pie. Low dairy commodity prices and currency movements have had a dramatic downward effect on company sales values," Kevin Bellamy, Rabobank's global dairy strategist, reflected.
Measured in US dollars, the top 20 companies in the Rabobank poll posted combined sales of US$194bn in 2015, down 13% year-on-year.
China's Yili, which became the first emerging-market dairy company to break into Rabobank's top ten in 2013, was the only business in the first 12 on the list to see sales grow in US dollars last year. Yili's sales were up 8% at $9.3bn, moving the company from tenth to eighth, leapfrogging Canada's Saputo and US group Dean Foods.
The only other movement in the top ten was Dairy Farmers of America moving from fifth to fourth following the US co-op's move to take full control of its DairiConcepts venture with Fonterra.
Germany's Muller jumped the most places, rising from 20 to 15 after its acquisition of the dairies business of UK group Dairy Crest.
There was one new entrant in the top 20, with Canadian co-op Agropur replacing US peer Land O'Lakes.
Since Theresa May took over as UK Prime Minister in the wake of the country's referendum vote to quit the European Union, she and her ministers have been at pains not to divulge their negotiating posi...
Greenpeace's long-running campaign against UK tuna brand John West, owned by seafood giant Thai Union, is now directing its fire against Sainsbury's....
The Obama administration appears to have conceded the landmark Trans-Pacific Partnership (TPP) trade deal will not be pushed through in the lame-duck session of Congress before Donald Trump is inaugur...
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Singapore, 28 November 2013: GAC has been presented with the Lloyd’s List Asia Award in recognition of its commitment to delivering high quality logistics services throughout Asia Pacific, at a ceremony held at the Raffles City Convention Centre in Singapore.
The Award acknowledges GAC’s track record in successfully delivering a
wide range of logistics services, from complex project and heavy lift
logistics through to the end-to-end management of supply chains, whilst
also showing a firm commitment to further developing infrastructure and
expertise in its operations.
Speaking at the awards ceremony, Captain Dan Hjalmarsson, GAC’s Group Vice
President – Asia Pacific, said: “We are delighted to have won this
prestigious award for our logistics services throughout the region. It is
testament to the dedication and hard work of our logistics experts who go
out of their way to ensure that we can deliver our customers’ strategies
and a well-earned recognition of the lengths to which they will go in
order to provide our customers with the highest quality of service,
whatever their requirements.”


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By now we all know the Galaxy S4 like the back of our hand. The US version runs the Snapdragon 600 while the International version is running on the Exynos 5 Octa processor. The Exynos 5 Octa GPU runs at 480MHz. Until you are running a Benchmarking app.
Back in February, a forum member at Beyond3D suggested that Samsung overclocks their GPU to 532MHz while you’re running benchmarking tests that are intended to show off how powerful the device is. Then throttling it to just 480MHz when you’re actually using it. In fact, Anandtech recently tested and researched on these claims and discovered code that Samsung uses to speed up the processor when you’re running popular speed testing suites like GLBenchmark, AnTuTu or Quadrant.
Some may think that this is Samsung simply cheating benchmarks. Which it kind of is. As the GPU is even marketed as running at 480MHz and not 532MHz. Now how many of us buy devices based on the benchmarks? Probably not too many of us. I know I don’t.
AnandTech also discovered that it’s not just the GPU, but also the CPU. Certain benchmarking suites like GLBenchmark, can trigger the CPU to jump to 1.2GHz, while others like GFXBench are not triggered at all and use a default CPU speed with lower performance, at just 250MHz. Linpack hits the device at 1.6GHz and and the Snapdragon 600 Galaxy S4 uses 1.9GHz on GLBenchmark.
It also appears that Samsung has included a settings application, TwDVFSApp.apk, which has hard-coded CPU settings for the different benchmarks, including a “boost mode” that kicks both the CPU and GPU in higher gear. So it looks like this was no mistake.
It’s definitely going to be interesting to see what Samsung says in reference to these findings, if they say anything at all. But it’s rather sad that Samsung had to resort to overclocking the CPU and GPU to get better benchmarks, when the CPU and GPU has plenty great benchmarks at their normal speeds. Just optimize the software a bit more next time Samsung.


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June 1 marks the start of National Candy Month, National Dairy Month, National Fresh Fruit and Vegetables Month, National Iced Tea Month, National Papaya Month, and the start of the 2018 hurricane season. It also means we are now 20 days away from the official start of summer. It's cool that fresh fruits and veggies have their own month, but what about those fruits and veggies that are just on the edge of going bad? Where is their love? Anyways, here's what you need to know about Houston food news this week, before or after you enjoy a donut today:
- Sad news to start off with: New Orleans’ restaurateur, James Beard Foundation Lifetime Achievement Award winner, and Bananas Foster inventor Ella Brennan passed away this week. Last night the sign at Brennan's of Houston went dark in as they mourned the death of their matriarch.
- La Vista 101 is open for business in the Lazybrook/Timbergrove area. Houston restaurateur Greg Gordon has opened up the new place at 1805 West 18th St. with J.D. Woodward as executive chef. In a press release, Woodward said, “diners will taste influences from Italy, Greece, North Africa and Spain.” The 101 references their plan to offer up the basics—think school class numbering—of comforting Italian food.
- Southern Smoke is a few months away, but we don’t blame you getting excited now. Scheduled for September 30, the 2018 installment of Chris Shepherd’s major food fundraising event will include visiting chefs Aaron Franklin (Franklin Barbecue, Austin), Edouardo Jordan (JuneBaby and Salere, Seattle), Daniela Soto-Innes (Cosme and Atla, New York City) and more. We’ll have a lot more to say about this as we get closer to the event. Tickets go on sale July 10 at noon.
- The team behind Spicy Dog food truck is going brick-and-mortar. You’ll be able to find their new spot, Spicy Bear, at 2723 Yale St., where they’ll be serving up milk teas, breakfast sandwiches, and Japanese-inspired hot dogs. (H/T Eater Houston)
- Saint Arnold celebrates another trip around the sun with their 24th anniversary party on June 9. As part of the celebration of so many years of brewing independence, they’re hosting two stages of independent Texas music acts, including Trae The Truth and Los Skarnales. You can get a $10 general admission ticket or a $35 Saint Package which includes admission, two beers, and a special commemorative 24th anniversary glass.
- News from the folks over at Cherry Pie Hospitality: you can now get Nonna Mary's Gelato at Central Markets across Texas. Master Gelatier Josh Collier is behind the flavors you’ll find, including strawberry basil sorbetto, vegan chocolate sorbetto, Texas pecan gelato, Sicilian pistachio, super fudge brownie and cherry cheesecake.
- Fielding’s local kitchen + bar is helping you kick off the summer with a complimentary wine tasting on June 6 from 5-7 p.m., no reservations required. On the menu you’ll find Chateau Minuty Rose Cote de Provence, Chateau Minuty Rose OR, Chateau Minuty Rose 281, Matua Rose 5.00, and Sterling Sparkling Rose.
- And finally, in news I’m only including because I know a certain managing editor who loves these things, IT’SUGAR has announced they’ll be offering a limited edition giant all-pink Starburst box. $14.95 will score you a 14-oz. box of only strawberry-flavored Starbursts. Grab one for yourself or your favorite managing editor.


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MWC Shanghai, the regional edition of the world’s biggest mobile industry trade show, kicks off on Tuesday amid the ongoing US-China tech war, providing a major showcase for the latest innovation from the likes of telecommunications equipment giants Huawei Technologies Co and ZTE Corp.
The annual event organised by the GSM Association, which represents the interests of more than 750 wireless network operators and almost 400 companies in the broader mobile ecosystem, is touted as the telecoms industry’s first large-scale hybrid event of its kind. The conference and exhibition, hosted at the Shanghai New International Expo Centre and Kerry Hotel Pudong, will also be available on the internet to visitors and exhibitors around the world via a dedicated virtual portal, My MWCS Online.
The staging of MWC Shanghai, which will run until Thursday, surmounted many difficulties, as the pandemic situation in many parts of the world remained severe, according to Sihan Bo Chen, head of Greater China at the GSMA. “This is a meeting that brightens the hopes and sends a very positive signal for the global [telecoms] industry,” she said on Monday.
Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China.
Last year’s MWC Shanghai, which was scheduled from June 30 to July 2, was cancelled because of the coronavirus outbreak and international travel restrictions, among other circumstances. MWC Shanghai has swapped schedules this year with MWC Barcelona, the GSMA’s premiere telecoms industry trade show, which will now take place from June 28 to July 1.
Like in 2019, the US-China tech war is expected to remain the elephant in the room at this year’s MWC Shanghai.
Foreign Minister Wang Yi urged Washington on Monday to scrap tariffs on Chinese imports and remove restrictions on the tech sector, laying out conditions for restoring damaged China-US relations.
Huawei, the world’s largest telecoms equipment supplier, was put on a stifling trade blacklist in 2019 by the previous Trump administration, which pressured US economic allies ban the company’s 5G gear around the world over alleged security concerns.
Meanwhile ZTE Corp, China’s No 2 telecoms equipment maker, had been under a cloud after losing an estimated US$3.1 billion from US-imposed sanctions in 2018. ZTE agreed to pay a US$1.4 billion fine later in 2019 to lift the restrictions, which had barred the company from buying vital US-made components, including semiconductors.
MWC Shanghai will have 150 speakers, including China Mobile chairman Yang Jie, China Telecom chairman Ke Ruiwen, Qualcomm China chairman Meng Pu and Huawei deputy chairman Ken Hu Houkun. Various foreign telecoms gear providers, such as South Korea’s Samsung Electronics and Sweden’s Ericsson, are also taking part in the event.
Around 20,000 industry delegates are expected to attend the Shanghai event, which has the theme “Connected Impact”. The delegates are fewer than in past editions of the show because of China’s travel restrictions, which has visitors from abroad go through a 14-day quarantine.
In a report released ahead of the event, the GSMA said China’s booming digital economy has helped the country recover quickly from the coronavirus pandemic. It said 78 per cent of Chinese consumers shifted to online shopping during the outbreak.
China’s economy grew by 2.3 per cent in 2020, in a dramatic turnaround since the coronavirus pandemic ravaged the country in the early part of that year. The dramatic rebound was highlighted by a significant acceleration in the fourth quarter, when China’s economy grew by 6.5 per cent from a year earlier, ahead of analysts’ forecasts of 6.2 per cent growth, the National Bureau of Statistics said in January.
More from South China Morning Post:
This article MWC Shanghai kicks off major telecoms industry showcase amid US-China tech war, pandemic first appeared on South China Morning Post


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A Dubai resident promises to eat only food that has been grown in his neighbourhood for a year.
Phil Dunn, 49, a Canadian landscape architect who lives in The Sustainable City, embarked on his 365-day mission to raise awareness about the importance of food security.
He has so far spent a month eating food sourced exclusively from his neighbourhood, including fresh chicken eggs, sweet potato leaves, onions and fish farmed from one of the community biodomes.
He said he was already feeling healthier and slimmer, but admitted he had to make a few exceptions to the home-grown rule.
"I won't be able to get things like olive oil, salt, grains, because they're not grown in the area, so I have some simple rules in place where I can barter with residents for such items," he told The National.
"I've been collecting wood from construction sites and I am making furniture and wooden plant pots to support urban farming and giving them to residents.
“I’ve been doing it for a month now and I am starting to realise it's hard to do it alone; it’s definitely more of a social project in that I rely on help from friends and neighbours.”
When travelling out of the community, Mr Dunn said he would eat whatever was grown locally and catch fish from local waters where possible.
When invited out to dinner, he will use the opportunity to spread the word about the benefits of living in a community that grows a lot of local produce.
Mr Dunn said that for the sustainable project, he prepares everything from scratch, including gutting and filleting meat and fish.
“So far, I haven’t eaten any meat and only a little bit of fish, because it’s been a challenge having to prep the animal myself,” he said.
“I’ve never done anything like that before and it takes a lot of getting used to.
“When it is just put on our plates we don’t actually think about where the food has come from.”
In his own garden, Mr Dunn grows eggplants, chillies, lettuces, sweet potatoes, radishes and beets.
Before the challenge, the father of two said he was a big meat eater and not a fan of vegetables.
“That was definitely an adjustment going from meals with hardly any vegetables on the plate to meals produced solely from vegetables, but I feel so good about it,” he said.
"So far, I have lost six kilograms and I am adjusting to life with little to no meat in my diet, but this isn't some extreme challenge to shed weight.
“By the end of the year-long pledge, I want to have inspired people to think more about what they eat and create this idea of a circular food economy, which promotes organic, healthy food and reduces waste.
"The tide here is slowly shifting towards growing more local produce and that is especially important today, given that we are in the midst of a pandemic."
Health professionals in the community monitor Mr Dunn’s health and will track it throughout the year to ensure he gets enough nutrition.


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Aunt Bessie's celebrates 25th anniversary with UK's tallest Yorkshire Pudding cake
Leeds-headquartered Aunt Bessie’s has celebrated its silver anniversary by creating the UK’s tallest Yorkshire Pudding cake.
The cake is made up of 25 tiers of its Golden Yorkshires and took more than two hours to construct. It measures 8ft 11in - the same height as the world’s tallest man.
The creation was the idea of Aunt Bessie’s in-house marketing team and Beaconsfield agency Cirkle.
Aunt Bessie’s David Barr said: “Having worked at the factory for three decades, I’ve tasted thousands of Yorkshire puddings and seen lots of changes – but I’m proud to say that this is our best recipe yet.
“We only use the finest quality ingredients to ensure the best-tasting puds end up on the nation’s dinner plates. What better way to mark this magnificent milestone than with a gigantic Yorkshire Pudding cake?”


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Tech entrepreneurs have expressed fears that British startups could be seriously damaged by a loss of funding from the European Investment Fund (EIF) following Britain’s vote to leave the European Union.
It was reported over the weekend that at least four British venture capital firms have been affected by a freeze of money from the EIF, which has committed almost £2bn to UK-based venture capital firms in the past. Two sources told Business Insider the EIF is no longer sending funds to any firm who applied, or was in the process of applying, after Britain voted ‘leave’ in June of last year.
Paul Sullivan, who founded digital marketing startup Modadaweb, predicts a “significant slowdown” in tech investment through venture capital avenues as a result of the funding freeze.
“[British] tech startups seeking funding may have to relocate to get easier access to funds, creating a poor position for London,” he added.
James Mackonochie, co-founder of FinTech firm OFF3R, which allows entrepreneurs to compare investment opportunities, was similarly pessimistic, describing the loss of EIF funding as “hugely worrying for UK-based early stage business”.
“The very reason that we have such a dominant FinTech industry in this country,” he said, “is down to support and investment from schemes like EIF.”
The UK’s tech startup ecosystem may even “cease to exist” after EIF money falls away, according to Ethar Alali, CEO of Manchester-based engineering startup Axelisys.
Russ Shaw, from Tech London Advocates, said British tech will need to raise its game after the loss of EIF funding, and look beyond Europe, to the US, China, and India.
The loss of EIF money, he said, will hurt newly-emerging tech sectors the most, with verticals like HealthTech and CleanTech likely to see the biggest damages. Longer-established sectors like FinTech, Artificial Intelligence, and Virtual Reality, Shaw said – which have already demonstrated a strong business model – will remain better protected.
Filling the funding gap
Many tech entrepreneurs remain sceptical about the Conservative Party’s manifesto pledge to “repatriate” EIF funds to the British Business Bank, and thus make up for any shortfall in funding.
Simon Murdoch, managing partner at Episode 1 Ventures – one of the venture capital firms directly affected by the EIF freeze – told Business Insider there is “zero chance” of the UK government filling the funding gap. The UK’s contributions to the European Investment Bank will be spent on the UK-EU divorce bill instead, he said, describing the Tories as living in “cloud cuckoo land”.
OFF3R’s James Mackonochie said the “un-costed” Tory pledge will “do little to assuage nervousness” among tech startups.
“I just can’t see how the Tories can pledge to make up the shortfall given huge investments that they will need to commit elsewhere, such as agriculture, scientific research, and of course the divorce bill itself.”
Russ Shaw, of Tech London Advocates, added: “If [the Conservatives] say in their manifesto that they’re going to do it, I believe they’re going to do it. And if it’s in the manifesto and it doesn’t happen, we will hold them to task. I think they understand that they’re going to have to step up, but we’ll be watching closely to make sure that happens.”


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Another Apple Falls From the WikiLeaks Tree
Are corporate cutoffs connected to WikiLeaks justified?
Dec. 29, 2010— -- To some observers, the companies who have severed ties with WikiLeaks are traitors to free expression, led by the nose by U.S. government censors. But to others, the companies are responsible actors simply enforcing their terms of service.
The problem is, the truth lies somewhere in between.
Last week, Apple followed the lead of a host of other name brand players in the Internet ecosystem by pulling an unofficial WikiLeaks app from its iPhone and iPod app store.
According to news reports, Apple made the move after it decided that WikiLeaks violated its terms of service that requires apps to comply with all local laws and may not put an individual or group in harm's way.
The move, which follows similar decisions by Amazon, PayPal, Visa, and WikiLeaks own DNS service provider, appears unlikely to have any practical effect on access to WikiLeaks, which is now mirrored on hundreds of sites around the world.
But it adds a complex new element to an already complex controversy over leaks of government information. And that new element is the role of the powerful private actors that in one way or another impact the distribution of -- and access to -- content online.
To some observers, the companies who have severed ties with WikiLeaks are traitors to free expression, led by the nose by U.S. government censors. But to others, the companies are responsible actors simply enforcing their terms of service.
The problem with both positions is that they prove too much and too little.
In the United States, we have made a conscious decision to give Internet intermediaries broad discretion in deciding what content to host.
With the exception of notice and take down laws for copyright claims, companies are given protection from liability or responsibility for the content posted by others. But they are also quite free to develop and apply their own standards in removing questionable content.


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- China will allow imports of Tesla Model 3 sedans after temporarily holding them at customs, Tesla said.
- Shares of Tesla fell 4 percent before rebounding somewhat in midday trading Tuesday.
Electric car maker Tesla said Chinese customs authorities delayed shipments of the company's Model 3 sedans into the country because labels for the vehicles were misprinted.
Officials are now allowing Tesla to import Model 3 sedans into China after reports said the vehicles were being held due to irregularities.
"This error resulted from misprinted labels on certain Model 3 vehicles," a Tesla spokesperson said. "We have already reached a resolution with Chinese customs, and we are working closely with them to resume clearance procedures on these vehicles."
The company said its Model 3 sales in China weren't affected by the snafu.
The news that 1,600 Tesla vehicles were being held up was first reported by Chinese financial publication Caixin.
The company's shares were down by about 1.2 percent in midday trading Tuesday.
Tesla CEO Elon Musk said last week that "challenges" getting cars to China and Europe will likely keep the company from being profitable in the first quarter, though it is unclear if his comments were related to the Model 3s held at Chinese customs.
China is the world's largest car market. Roughly 28 million vehicles were sold in the country in 2018, compared with around 17 million in the United States, the world's second-largest market. It is also the world's largest market for electric vehicles.
Tesla is virtually unique among U.S. automakers in that it imports every car it sells into China. Most foreign manufacturers hoping to gain a foothold in the country partner with Chinese corporations and share revenue and profits.
Tesla has plans to build a factory in Shanghai, which Musk said will be the first facility wholly owned by a foreign automaker in China. The company has a 50-year lease with China's government and is using Chinese banks to fund most of the capital spending associated with the plant, Tesla has said.
"We need to bring the Shanghai factory online," Musk said on Tesla's fourth-quarter earnings call. "I think that's the biggest variable for getting to 500,000 plus a year. Our car is just very expensive going into China. We've got import duties, we've got transport costs, we've got higher costs of labor here. And we've never been eligible for any of the EV tax credits."
There are also anxieties over the potential effect of trade disputes between the United States and China.
"We don't know what's going to happen with the trade negotiations," Musk said. "So it's very important to get those cars especially to China as soon as possible. We hope the trade negotiations go well, but it's not clear. But we need to get them there while there's sort of de facto, sort of a truce on the tariff war."


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Talk on Wall Street today centered on last night's State of the Union address, especially after an enterprising proposal by President Obama, paving the way for free trade with the European Union, was echoed by the president of the European Commission. Though the details will probably take several years to iron out, an agreement would be the largest trade deal ever reached and could boost annual GDP by as much as 0.5%. Even so, the Dow Jones Industrial Average fell slightly, ending down 35 points, or 0.26%, to close at 13,982.
General Electric was the all-star of the blue-chip index Wednesday, adding 3.6% after cable behemoth Comcast agreed to buy GE's 49% stake in NBCUniversal for $16.7 billion. This deal gives Comcast 100% ownership of NBCUniversal, 51% of which was sold to Comcast in 2009 for $13.8 billion, when GE found itself in tougher times financially.
Fast-food icon McDonald's , on the other hand, was the Dow's worst performer, falling 1.2% as anxiety surrounds the state of American consumer spending, which barely rose last month. Retail and food services spending rose a meager 0.1% in January, which, despite the international scope of the Golden Arches, doesn't bode well for Mickey D's, as the European economy is dealing with serious macro problems of its own.
Another decliner in the food industry, Whole Foods Market , despite adding about 0.8% today, fell steeply in after-hours trading after an unimpressive quarterly report. If McDonald's investors are worried about anemic consumer spending, it makes sense that the upscale Whole Foods would tumble as much as 6% after hours -- especially after sales didn't meet analyst expectations. At least something related to Whole Foods is looking cheaper!
One stock that rose on Wednesday almost entirely because of yesterday's State of the Union address was 3-D printing company 3D Systems . Surging 4%, shares in the innovative company jumped after Obama painted 3-D printing as a majestic technology of the future that's bringing jobs to America.
3D Systems is at the leading edge of a disruptive technological revolution, with the broadest portfolio of 3-D printers in the industry. However, despite years of earnings growth, 3D Systems' share price has risen even faster, and today the company sports a dizzying valuation. To help investors decide whether the future of additive manufacturing is bright enough to justify the lofty price tag on the company's shares, The Motley Fool has compiled a premium research report on whether 3D Systems is a buy right now. In our report, we take a close look at 3D Systems' opportunities, risks, and critical factors for growth. You'll also find reasons to buy or sell, and receive a full year of analyst updates with the report. To start reading, simply click here now for instant access.
The article These 5 Stocks Overshadowed the Dow's Drop Today originally appeared on Fool.com.
Fool contributor John Divine has no position in any stocks mentioned. You can follow him on Twitter, @divinebizkid, and on Motley Fool CAPS, @TMFDivine.The Motley Fool recommends 3D Systems, McDonald's, and Whole Foods Market; owns shares of 3D Systems, General Electric, McDonald's, and Whole Foods Market; and has options on 3D Systems. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


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SMM9: in order to implement the guidance of the General Office of the State Council on actively promoting supply chain Innovation and Application (State Office Fa (2017) No. 84) and speed up the construction of Shanghai Intelligent supply chain demonstration City, according to the requirements of the implementation opinion on actively promoting supply chain Innovation and Application in this City (Shanghai Office (2018) No. 28), Shanghai has carried out the declaration and identification of Shanghai supply chain innovation and application demonstration enterprises.
Shanghai Commerce Commission, Shanghai Development and Reform Committee, Shanghai Economic and Information Commission, Shanghai Ecological Environment Bureau, Shanghai Agricultural and Rural Committee, Shanghai Branch of the people's Bank of China, Shanghai Market Supervision Administration, Bank of China Insurance Regulatory Commission Shanghai Regulatory Administration, Shanghai Financial work Bureau, nine departments jointly issued the list of demonstration enterprises in the innovation and application of Shanghai supply chain. A total of 98 units have been identified as "Shanghai supply chain innovation and application demonstration enterprises", among which Shanghai Nonferrous net Metal Trading Center Co., Ltd. is among them.
Prior to this, in order to promote the strength and excellence of the city's private enterprises and achieve innovative development, the Shanghai Commerce Commission, according to the "Shanghai Municipal opinions on encouraging the establishment of private enterprise headquarters", approved a number of private enterprise headquarters. Shanghai Nonferrous net Metal Trading Center Co., Ltd. is also among them!
With the healthy development of Shanghai Nonferrous net Metal Trading Center Co., Ltd., the platform has been recognized by official organizations, and more and more industry customers have also participated in the platform!


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Mediapro takes 100% of Fandroid eSports league
May 17, 2019
From David Del Valle in Madrid
Spain’s Mediapro has taken over Fandroid, owner of the eSports league LVP (Professional Videogames League), by acquiring the remaining 50 per cent of the company it didn’t already own for €22 million.
With a presence of over 30 countries, Fandroid made €6.5 million revenues in 2017 (latest known data) and in 2018 it reached over 28.6 million accumulated viewers, up 64 per cent on the previous year.
Recently, Mediapro launched its own eSports streaming service Ubeat to exploit its eSports rights.
Additionally, Mediapro has also confirmed the acquisition of Barcelona-based VR tech specialist Visyon for an undisclosed price.


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20 January, 2022 - 22 January, 2022
25 January, 2022 - 26 January, 2022
Porto Alegre, Brazil
26 January, 2022 - 27 January, 2022
New York, U.S.
07 February, 2022 - 09 February, 2022
08 February, 2022 - 10 February, 2022
The latest weekly cattle slaughter figures in the U.S. showed that over 636,000 head was reached in early June and the upcoming weekly cull figure is expected to be over 650,000 head according to USDA figures. With this increase comes the moment that many analysts in the hide and skin business had been expecting and will have an impact on raw materials prices.
According to Ian Banks, Editor of the raw materials for leather pricing and market analysis website, theSauerReport; “This really will be a stress test for the industry, for not only are hide numbers in the U.S. rising but also across Latin America and parts of Europe as the lockdowns are eased. After the huge buying sprees by tanners in April, there has been a downturn in demand from leather makers in China and other Far East countries. Now with this increase in supply, tanners will be able to pick and choose like never before, at prices they desire. With European tanners struggling to get their businesses back off the ground, this really is open season for tanners with orders in the pipeline. But, it must be remembered that without finished leather orders, then even a hide at a zero price level is expensive. This for sure is going to be interesting times for suppliers from the U.S. and elsewhere, both those that sell in the raw (wet salted) and wet-blue.”
The concern is that for many of the less desirable raw material selections or lower grades, the market price will be uneconomical for sellers and will lead to perfectly usable hides and skins being landfilled.


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Man facing trial for steroid trafficking stays in business, faces more charges
PROVIDENCE — A North Attleboro man awaiting trial in federal court in Providence on charges from February involving a steroid import and distribution operation, was charged Monday in the same court with resuming the operation, and this time he was ordered held until trial.
DEA agents in Virginia, investigating drug trafficking, found evidence that David M. Esser, 47, was still calling the shots on importing, processing and selling illegal steroids. Esser had been charged in February and was out on pre-trial release.
He was charged Monday in U.S. District Court in Providence with resuming the steroid operation and laundering money.
Esser is suspected of directing a Virginia man to receive, package and ship steroids to Esser’s customers, according to a news release by U.S. Attorney Aaron L. Weisman and Homeland Security Investigations Acting Special Agent in Charge David Magdycz.
In text messages and encrypted emails, the two men discussed orders, pricing, whether payment would be made in cash or in cryptocurrency, and shipping instructions as well as Esser’s businesses, his court case, new vehicles, and a woman Esser described as his girlfriend, federal prosecutors assert.
Esser was charged in February with distributing, importing and manufacturing controlled substances, as well as with conspiracy to distribute and import, trafficking in counterfeit goods and services, smuggling goods into the United States and wire fraud and money laundering. On Monday, new charges of conspiracy to distribute and money laundering were added, the news release said.
On Twitter: @donita22


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The Durst Organization has signed online gaming company High 5 Games to a 15-year lease for the entire 58th and 59th floors of One World Trade Center. The two floors total 87,663 s/f.
Adding to a building roster that includes a growing number of leading digital and creative tenants, PTT, LLC — doing business as High 5 Games — serves the land-based, online, social and mobile gaming markets. Founded in 1995, the company has created hundreds of digital games played by millions of players in more than 150 countries on six continents.
High 5 Games — which required larger space to accommodate its growth and is relocating to Downtown from Union Square — will occupy its two-floor space at One World Trade Center in the second quarter of 2015. Their offices are being designed by Gensler and built by The Durst Organization.
Cushman & Wakefield records TAMI (technology, advertising, media and information) sector tenants as the most active sector of the Downtown office market, representing 33.9 percent of year-to-date leasing activity.
With the High 5 Games transaction — the ninth lease to be signed at One World Trade Center in 2014 — the 3.0-million-square-foot office tower is now more than 61 percent leased and is at 70 percent of the projected stabilized net operating income (NOI), with 1.86 million square feet leased.
“The signing of High 5 Games to two full floors underscores One World Trade Center’s powerful appeal to digital and creative firms,” said Jonathan (Jody) Durst, president of The Durst Organization. “As the most innovative building in the world, One World Trade Center is the ideal location for High 5 Games, a sophisticated, entrepreneurial firm with global reach.”
“Redevelopment of the World Trade Center campus was designed with a particular vision in mind, that Lower Manhattan — with One World Trade Center at its heart — would become a vibrant community attracting tenants from a wide array of business sectors,” said Port Authority Executive Director Pat Foye. “High 5 Games is yet another example of Downtown’s continuing renaissance, attracting the best creative companies and the brightest talent.”
Among its gaming options, High 5 Games operates High 5 CasinoTM. With ten million downloads, High 5 CasinoTM is the highest-rated social casino on Facebook. The company also operates Shake the Sky CasinoTM, which is the largest Asian-themed social casino with more than 500,000 monthly players.
“I am proud to make High 5 Games one of the first tenants at WTC. Internally, we’re already calling our new home the World Game Center, a pivotal location for commerce, trade and now gaming,” said Tony Singer, Founder and CEO at High 5 Games.
“Joining anchor tenant Condé Nast at One World Trade Center, the signing of High 5 Games demonstrates that digital and other creative firms have a tremendous appetite for state-of-the-art glass and steel towers with world-class amenities,” said Cushman & Wakefield executive vice chairman Tara Stacom, who leads the firm’s leasing team on behalf of the tower.
“High 5 Games joins Microsoft, Salesforce, SAP, and other leading tech firms who in various markets throughout the United States continue to sign major leases in newly constructed office towers. These wonderful, efficient skyscrapers with copious light, air, and views enhance employee productivity and morale, are often built near major transportation hubs, and have the ability to provide expansion space to accommodate tenant growth.”
Ownership was represented on the transaction by Eric Engelhardt, Vice President and Director of Leasing at One WTC for The Durst Organization, and by a Cushman & Wakefield team led by Tara Stacom that includes Alan Stein, James Searl and Justin Royce, along with Jodi Pulice of JRT Realty. Jessica Berkey, Laurence Briody, Christopher Mansfield, Scott Sloves and Sacha Zarba of CBRE, represented High 5 Games.
Publishing giant Condé Nast, the property’s anchor tenant, recently began occupying the space that will ultimately encompass nearly 1.2 million square feet between the 20th and 44th floors. The site will serve as the company’s global headquarters.
The High 5 Games lease follows several others recently completed at the building. Among them, the property signed leading, Australian-based retail development company Westfield to a five-year, 12,456 s/f lease for pre-built space on the 46th floor, and commercial real estate services firm Cushman & Wakefield to a ten-year, 10,222 s/f lease on the 45th floor. And C12 Capital Management, an asset management company, as well as Incandescent Technologies, a global information management consultant, will each occupy build-to-suit space on the 46th floor.
The Durst Organization is offering a pre-built/build-to-suit program setting aside a total of 94,000 s/f on the 45th and 46th floors for the space requirements of smaller companies. Suites are available in sizes ranging from 2,000 to 20,000 square feet.
One World Trade Center is the Western Hemisphere’s tallest building. Designed to achieve LEED CS Gold Certification, One World Trade Center is poised to become the most environmentally sustainable project of its size in the world.
At 1,776 feet tall, developed by The Port Authority of New York and New Jersey, One World Trade Center sets new standards of design, construction, and prestige, and heralds the renaissance of Downtown Manhattan. Managed, operated and leased by The Durst Organization, One World Trade Center is the new icon of New York’s skyline and the most recognized and desirable office address in the world.


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Facebook is introducing more and more features to its platform every day – It recently introduced the Events App and this week, the platform has added couple more tools that are useful for consumers and business owners.
Facebook released a new tool that would make it easier for users on the platform to get recommendations and suggestions, all gathered and organized at one place. Right from restaurants to spa places, users can get advice on services. This feature can be enabled by the “turn on recommendations” for a post. Once it is enabled, others (friends on the list) can provide suggestions, which will all be stored at a single place. Business pages can be included in the comments and suggestions; a feature, brands and advertisers can leverage. Currently the recommendations can be accessed only via search, and suggestions can be made only by friends of users.
Direct Business Interactions
It is hands down the coolest of the new features that Facebook introduced – the ability of users to order food from restaurants, book an appointment at a business, get movie tickets and even get a quote for a business directly via Facebook.
- A page can now have a “Start Order” call-to-action button that will help users order food from restaurants directly through a Facebook page that uses Delivery.com or Slice.
- Users can request an appointment at various businesses such as spas or salons directly. Confirmations for these requests will be received through Messenger.
- A “Get Quote” button is now available for business pages that will let users quickly request a quote from a particular business. This is being enabled using Porch or TalkLocal.
- Users can now buy new movie and event tickets directly through their Facebook Pages. Movie tickets can be bought through Fandango, and event tickets can be bought through EventBrite and TicketMaster.
With every week, Facebook is one step closer to becoming the single stop platform for marketers as well as business owners. The new features are currently available only in the US markets.
We are an up and coming consultancy aiming to simplify digital media for business. Visit our website to learn more about our service offerings.


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Market research released by Lucent Technologies yesterday shows that businesses and consumers are willing to pay a premium for next-generation mobile high speed data services. No mention of mobile music services. No mobile gaming either, and while mobile messaging is still a strong contender, Lucent's results point to a completely different data horse: wireless VoIP, or wVoIP. wVoIP generated the most willingness to buy amongst enterprise communications technology decision makers and was the top driver for switching carriers. It's clear to Lucent, and many other industry leaders that wVoIP is a priority for the enterprise, and therefore the wireless industry in the years ahead.
On that note, we are only days away from the only event focused on wireless VoIP, FierceMarkets' wVoIP Executive Summit, which will be held next week on November 7-8 at the Hotel Nikko in San Francisco, CA. Use my last name "DOLAN" as your promotional code and receive $300 off your admission price. Register today! -Brian


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VPN is on the Rise After President Trump Signed a Law Killing Internet Privacy<< All posts 5 April 2017 07:39:02
President Trump has signed congressional legislation that allows ISPs tracking and selling its customers’ browsing history, online information and habits to the highest bidder.
Everything you typed into a web browser can be used to create highly targeted online ads.
Technically it’s already legal for ISP, such as Comcast, to track and spy on customers and sell data to advertisers. Facebook and Google do the same now too. But many ISPs had delayed following Facebook and Google’s lead because the Obama administration’s Federal Communications Commission took a hard line on net neutrality and other consumer protections.
Due to this fact VPN usage is skyrocketed. The advice to use a Virtual Private Network (VPN) to protect your privacy has dominated in US media now.
90,000 users have registered at Trust.Zone during the last 24 hours and the number of new customers still grows...We recommend being more aggressive with placing Trust.Zone ads on your websites because there is a high peak of VPN usage right now.
Our team prepared high conversion banners and embedding codes for you here (you should be logged in). Besides, our team added new promo, banners, popunders and warning alerts.
Don't miss a high demand on VPN
Tags: vpn, trust.zone, trump, us, privacy, internet-privacy, affiliate
Trust.Zone celebrates its 10th Anniversary: Share 5-Year Plan - Earn More!US Senate voted to let ISPs sell customers' web browsing history. VPN usage is skyrocketed!
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Tesla and SolarCity CEO Elon Musk's today announced a deal to acquire Silevo, a solar panel firm based in Silicon Valley. Musk explained the decision in a blog post:
To get there, though, solar energy needs two things — both of which Musk wants to address himself. First, mass energy storage. The sun shines when it's sunny. Storage is necessary for cloudy days and nights. Musk is addressing this with the Tesla Gigafactory, mass battery-manufacturing facilities that Musk projects will drive down lithium-ion battery costs 30 percent in the first year alone. And second, solar needs economies of scale. That's why Musk has acquired Silevo, with the intention to build Gigafactories for solar panel manufacturing:
But that's just the start:
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Of course, solar energy costs were rapidly falling even before this. But this kind of focused project is likely to keep that momentum going for a while yet. It is looking more and more likely that we will soon live in a world where renewable energy is cheaper than fossil fuels.
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Mumbai-based food ordering app, TinyOwl has raised an amount of Rs.50 crore from its existing investors Sequoia Capital and Matrix Partners.
With the new fund, the company will be focussing on creating a sustainable business in the food-tech domain. As per TinyOwl’s CEO, Harshvardhan Mandad, the company currently is in the middle of restructuring process looking to control burn rate and outsourcing deliveries, so as to help optimise their resources and cash in a more effective manner.
The raised funding will be used to create a viable business model that everyone is looking for, said a source directly related to the matter. TinyOwl closes 7,500 orders on an average per day.
Further adding, Mandad said, From the last few months the company has been outsourcing its last mile delivery to partners such as Roadrunnr, Opinio and Shadowfax. This significantly helped us to solely focus on our core technology and processes along with helping us significantly cut down the delivery costs. With this step the costs came down by 43%.”
In August 2015, there were rumours of Foodpanda acquiring TinyOwl. Neither Foodpanda nor TinyOwl have confirmed this as of now, when iamWire team met Saurabh Kocchar in June earlier this year he said that these (food tech) startups are bringing in fresh competition and they had no plans of acquiring TinyOwl or any other food tech startups as of then. In February 2015, TinyOwl raised an amount of $15 million in its series B round led by Matrix Partners with participation from existing investors Sequoia Capital and Nexus Venture Partners.
Talking about the online food ordering sector’s growth till now and future scope, the source from the company TinyOwl mentioned that this space has been garnering a lot of investor interest since quite a while now. However, the betting model which will have 2 to 3 players who will lead the queue with one winning player of the lot can not be known. Since this space is promising growth and is reliable, many new players are entering the segment. But nobody can predict who will the winner be, and even the investors do not know who to bet upon.
As per the industry analysts, the winning players will make the entire segment profitable, thereby creating profitable business.
According to the report published by iamwire the food startups sector holds a positive potential. The trend will increase in future but there will be cut throat competition among the players in this segment. The question, ‘who will survive’ is a little tricky as the one who maintains its logistics well, will rise. In any company logistics play a huge role.


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Not long ago, the Tarok concept indicated VW intentions, but they’ve been modified.
Recent entries from Hyundai and Ford have ended the possibility for a petrol-powered small truck from VW.
Volkswagen introduced the Golf Pickup, aka Caddy, in North America just over 40 years ago. It was sold for about six years and in that period, it was quite popular. Fast-forward nearly three and a half decades and VW revealed the very cool Tarok concept. For all, it signified the return of the small pickup from the German automaker but it looks as though it won’t exactly happen as thought.
It’s clear that Volkswagen was intent on reintroducing a small truck to the truck-hungry North American market when the Tarok concept was introduced at the 2019 NYIAS. Unfortunately, since the concept’s debut, both Hyundai (Santa Cruz) and Ford (Maverick) have launched their versions of the small pickup, and this has put an end to the Tarok as it was originally planned.
Not all is lost however as Automotive News reports that a fully electric version of a Tarok-like small pickup is quite possible. This would fit within Volkswagen’s plans as they shift fully over to making and selling EVs.


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Tesla has reportedly placed a massive chip order for its next-gen Full Self-Driving (FSD) computer with Taiwan’s TSMC. The order is so large that Tesla could potentially make it one of TSMC’s largest customers.
In 2016, Tesla began building a team of chip architects led by legendary chip designer Jim Keller to develop its own silicon.
The goal was to design a super-powerful and efficient chip that would allow consumer cars to drive themselves without additional hardware, such as in custom autonomous vehicles from Waymo and Cruise.
In 2019, Tesla finally unveiled the chip as part of its hardware 3.0 (HW 3.0) self-driving computer.
They claim a factor of 21 improvements in frame-per-second processing over the previous generation of Tesla Autopilot hardware, which was powered by Nvidia hardware, while only barely increasing power consumption.
At the launch of the new chip, CEO Elon Musk announced that Tesla is already working on the next generation of the chip, and they expect it to be three times better than the new chip and about two years out of production.
Although it’s been more than two years and the chip hasn’t come yet, rumors are growing that Tesla is working to get the chip into production.
For the first generation of its self-driving chip, Tesla partnered with Samsung to produce the device.
In 2020, Tesla was rumored to be working on the next generation with TSMC.
TSMC, or Taiwan Semiconductor Manufacturing Company Limited, is one of the world’s largest semiconductor companies.
Now, Tesla is reportedly moving forward with TSMC and has started placing large orders for its next-gen self-driving chip, according to reports from China and Taiwan (translated from Chinese):
TSMC is taking orders for vehicles and is reported to have replaced Samsung and landed a major order for Tesla’s next-generation fully automatic driver assistance (FSD) chips, which will be produced at 4/5 nanometers. Tesla is expected to become one of TSMC’s top seven customers next year. It is the first time that TSMC’s main customer has a pure electric car factory, which will help to withstand the impact of the consumer electronics boom modifications.
According to the report, TSMC plans to supply Tesla production from an Arizona plant.
Not much is known about Tesla’s next FSD computer, but the automaker said there’s no need to go fully self-driving, though it would improve performance.
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- An algorithm that analyzes Twitter comments and invests in crypto is beating the S&P. *
- Leaked documents viewed by Vice detail how Amazon's Global Security Operations Center tracks organizations that are a potential threat to the company, including Extinction Rebellion, Greenpeace, and Greta Thunberg's Fridays for Future.
- New satellite images show the growing footprint of warehouses on U.S. soil as online shopping becomes more mainstream.
- Jeff Bezos was among the investors in a $30M venture-capital funding round for African finTech firm Chipper Cash.
- In his new book “Post Corona: From Crisis to Opportunity," serial entrepreneur Scott Galloway predicts that Amazon will begin selling health insurance after its recent move into the pharmacy business.
- The stock rally seen so far in 2020 has been fueled by big tech companies – chiefly Amazon, Apple, Microsoft, Facebook, and Alphabet – but there are signs that investors are increasingly hopeful about the performance of other economic sectors.
- Amazon has reinstated the latest installment of "Unreported Truths about COVID-19 and Lockdowns," by author Alex Berenson, on its platform.
- Walmart announced it has created a new program to fulfill e-commerce orders directly from their stores as opposed to an e-commerce fulfillment center.
- Amazon’s Echo Buds now have new fitness tracking features.
*This is a sponsored post.


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OYO Rooms may acquire FreshMenu in a deal worth $30 million, says report
Updated : February 22, 2019 09:34 AM IST
According to the sources, the current deal will also involve payment of cash to buy out few shareholders of FreshMenu, the report said, adding that Zodius Capital which has invested about $17 million in the company in 2016 will likely be paid in cash if the deal transaction is finalised.
Lightspeed Venture Partners, also an investor in OYO Rooms and GrowthStory will be given shares of OYO, the report said. FreshMenu has managed to raise about $22 million from its investors.


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25 March 1999
Poultry Group plans to clean up
THE consumer section of The Guardian reports on the Poultry Group – an organisation formed to clean up the poultry industry.
The group has formulated plans for a farm-assured scheme, similar to that set up for beef.
John Butler, chairman of the group, which comprises some of the largest producers in the country, hopes to reduce salmonella in chickens.
- Supermarkets push on food hygiene, FWi, 08 February, 1999
- Poultry industry urged to stamp out salmonella, FWi, 30 April, 1998
- The Guardian 25/03/99 page 13 (G2)


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In an effort to highlight its e-commerce efforts, Pinterest brought its online trend boards to life, transferring style tips from the screen to the shelf at a popup event in New York yesterday.
The display was part of an effort to promote the platform’s featured styles from its recently launched Pinterest Shop, a separate section of the site that features brands that offer shoppable products via “buyable pins.” Pinterest also used the vent to tout its new visual search capability, an offering that allows users to identify a product or find similar styles from a photo. Though fashion is the top category on Pinterest, it has continued to struggle to lure shoppers to actually make purchases on the app in spite of recent additions like the buy buttons and collaborations with brands like Kate Spade New York.
To read the rest of this story, please visit Glossy.
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Charges dropped against Minn. smoke shop owner
MOORHEAD, Minn. (AP) — Charges have been dropped against the owner of a Moorhead smoke shop accused of violating a new state law banning synthetic marijuana.
Judge Lisa Borgen approved an agreement that drops charges against Pyromaniacs owner Yassin Wazwaz. In return, Wazwaz agreed not to sell synthetic marijuana for one year.
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