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Bengaluru-based Smart Clothing is adding a new jeans factory. Its manufacturing capacity is 60,000 pieces per month, will come up with a jeans factory that will have an initial capacity of 5,000 pieces per day.
Vishal Devatha, Director of the company, said “Our existing clients motivated us to enter into denim segment. Our research also shows that denim is a growing segment and it will have constant demand.”
Additionally, they will start with the sewing setup and will later go for washing operations, also to explore various opportunities, technologies and other aspects of the trade.
For the new plant, the company has taken more than 4 acres of land, with the overall investment being around Rs. 8 to 10 crore.
Sewing operations will start in next 3 months, while washing operations will take some more time.
There is no ceiling to growth if one operates the business in proper way; so far we have seen more than 15 to 20 per cent growth on a year-on-year basis, Vishal added.
As of now, the company is working with Indian brands and in future it will also explore export opportunities. For that, the denim plant will be fully compliant as per the need of export.


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Health minister Kalumbi Shangula yesterday launched the African Union and Africa Centres for Disease Control (CDC) trusted travel system for the verification of Covid-19 test results and vaccination certificates.
The initiative will go a long way in minimising incidences of falsified and counterfeit PCR test results being presented at the various points of entry.
During the official launch, the minister indicated incidences of counterfeit results have necessitated the innovation to bring onboard technologies to make the system a reality without delay.
“One such technology is the trusted travel system, introduced under the auspices of the African Union and PanaBios consortium. Similar systems have been developed around the world. Here, in Namibia, the ministry began its first consultations on the trusted travel system on 2 June 2021, with technical experts from the African Union and PanaBIOS consortium,” said Shangula.
Only test results or certificates bearing trusted travel codes will be considered valid for travel out of Namibia.
Shangula explained the delays experienced, which are associated with paper-based manual systems, have various knock-on effects that compromises and undermine economic performance and trade, as well as the negative impact of the pandemic on different facets of life.
“The trusted traveller system we are launching here today allows for the detection of counterfeit test results and also enhances cross-border collaboration and confidence in Covid-19 results originating from participating jurisdictions. The platform further provides updated information on entry requirements and travel restrictions for participating states. With greater interoperability amongst systems, travellers can plan, embark upon and undertake their journeys in a hassle-free manner. This is exactly what we desire,” he said.
The minister indicated the ministry had successfully put all systems in place to roll out the initiative.
“All 27 accredited laboratories in the country have been added to the system and are in the process of generating codes for travellers, which will be required for persons leaving Namibia. Our points of entry, on the other hand, are also equipped with trained staff, internet devices and tablets to implement the system,” said the minister.
He added at least by 15 November 2021, all participating gazetted points of entry in the country will have the system operational, and it will become mandatory to have all travellers’ PCR results entered on the system by 1 December 2021.

domain: news


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Japan March 2012: Toyota Prius, Aqua & Honda Fit all beat records
* See the Top 30 best-selling models by clicking on the title! *
Japanese vehicles sales continue on their amazing run in this start of the year, up a huge 72% year-on-year in March to 497,959 registrations (this exclude Kei cars), bringing the year-to-date total to 1,094,439 units, up a massive 52%. This exceptional growth is due to government subsidies for the purchase of green cars but also a lower base from a year ago which is when the devastating tsunami hit the country.
After beating its monthly record last month with 35,875 sales, the Toyota Prius smashes it again in March, bringing it up to an amazing 45,496 sales, up 131% on March 2011. This figure is possibly the highest monthly sales ever for any model in Japan (or at least in the last 15 years) and corresponds to a very solid 9% market share. Most probably thanks to its hybrid version, the Honda Fit also beats its monthly sales record at 34,161 units, up 53% year-on-year with its previous best being 27,980 last September…
In third place the Toyota Aqua amazes again, up 33% on February to an outstanding 29,156 sales, like last month this could mean it is already the best-selling body style in the country! All Top 30 models are up year-on-year in March with the smallest increase delivered by the Nissan March #16 at +19% and the biggest by the Toyota Sienta #27 at +4739%.
The Toyota Vitz is #4 at +37%, followed by the Honda Freed (+89%), Nissan Serena (+40%) and Note (+128%). Notice also the Subaru Impreza up 276% and 8 spots to #17 with 7,512 sales and the Mazda CX-5 making its very first appearance in the Japanese Top 30 at #29 with 4,640 sales.
Previous post: Japan February 2012 update: Toyota Aqua already #1 seller?
Previous month: Japan February 2012: Toyota Prius at highest ever, Aqua most successful launch in a decade
One year ago: Japan March 2011: Quake induces 37% drop, Honda Fit #1
Full March 2012 Top 30 Ranking Table below.


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California lawmakers who passed the country's toughest plastics pollution and recycling law earlier this year may add another set of containers to their legislation: wine and liquor bottles.
California Senate President Pro Tem Toni G. Atkins, D-San Diego, co-wrote SB-1013 with Bill Dodd, a Democrat representing the California wine country of Napa and Sonoma counties, signalling that the wine industry is open to the idea.
The bill passed the senate in late May and awaits action in the assembly.
While the bulk of wine and liquor is packaged in glass, PET is used for single-serve liquor bottles.
Dustin Gardiner of the San Francisco Chronicle writes that wine makers want more glass bottles in the recycling stream so they can use more recycled material.
"Frankly, it's long overdue," Dodd told Gardiner. "The soft drink companies have been doing this, the beer companies have been doing this."
California won't be the first to add a bottle bill for wine and liquor. Maine has had deposits for wine and liquor bottles since 2015 and added a 5-cent deposit on plastic mini bottles in 2019.


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Imation Corp., announced it is finalizing the development of both HD DVD and Blu-ray optical recordable media, with plans to utilize its proprietary hard coat protective disc coating in the development of both formats. The company’s promise to make discs in both formats indicates that the battle between formats will be a fierce one.
With dedicated teams completing technology development and testing of both single layer and double layer advanced optical formats, Imation plans to begin shipping both HD DVD and Blu-ray products starting in the early part of 2006. The company’s next-generation discs will feature scratch- resistant hard coating designed to protect the data that users will save on advanced optical discs.
Throughout 2006, Imation plans to launch the BD-RE (rewritable) and BDR (recordable) 25GB single layer and 50GB double layer Blu-ray formats. Also in 2006, Imation plans to launch the HD DVD-R (recordable) and HD DVD-ReR (Re- recordable) 15GB single layer and 30GB double layer HD DVD formats. Specific dates of availability and pricing will be announced in early 2006.
Imation is a member of the Blu-ray Disc Association (BDA) and DVD Forum.
“The exacting standards and expertise needed to develop Blu-ray and HD DVD require focus and experience that few companies possess. With over 25 years of experience in the optical field and our investments in the future of optical -- more than $10 million in advanced optical research development and manufacturing in 2005 -- along with our global distribution capabilities, we are in a solid position to deliver future formats when and where our customers want them,” said Richard Weiss, vice president of research and development, Imation.


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Not up to Promethean Standards: Greece’s Pharmaceutical Supply Chain is Worryingly Weak
JULY 10, 2015
Greece’s supply chain problems stem from the fact that Greek businesses rely heavily on imports that they no longer have funds to purchase. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. Whether or not Greece stays in the Euro, its supply chain problems will continue to plague Greek citizens and countries that rely on Greek products. source: It Makes Sense Blog.


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As myriad legal tussles roll on between smartphone manufacturers, Apple's suffered a knock-back by the International Trade Commission. Apple first lodged its complaint against Moto in October 2010, accusing its Droid family of violating the patents found in its own phones. This was countered by a volley of patent violation complaints from Motorola. Granted, this is still a preliminary ruling, but looks like Motorola may have won this round of legal drudgery.Update
: We've added Motorola's comments on the preliminary ruling below.


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Huawei does not launch its phone with HarmonyOS this year
Two weeks ago HarmonyOS was officially presented, Huawei's own operating system. After months of rumors, the Chinese brand leaves us with an operating system that can be used on all types of devices and that they will not hesitate to use on their phones, in case there are problems with the United States.
In fact, it was already rumored what was going to be the first Huawei phone to use HarmonyOS, which was mentioned would arrive before the end of this year. Finally it seems that it will not be so, that it will not come this year, but the company does not rule out launching it in the near future.
Huawei currently has no plans to use HarmonyOS on their phones officially. Although this operating system is an alternative to Android, which should be used if necessary, especially given the problems they have with the United States these months. But his plans go through not using it.
At least it seems to imply that The Chinese brand is ready to use HarmonyOS anytime. So if there were problems that prevented them from using Android, they could go to their own operating system as soon as possible. Something that would allow them to continue operating in the market.
Therefore, it doesn't seem that in the immediate future Let's see a Huawei phone with HarmonyOS as an operating system. At least not in Europe. Since it could be that the company does make the decision to launch it in China (several media speculate with this option). So it will be interesting to see what happens.
What seems clear is that Huawei has this situation under control. At least it seems that if something happens, they can continue to work, in this case using their own operating system, which as they said in their presentation, would work normally with Android applications.
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Anti-drug policy in the countries that consume the most has evolved and seems to be heading towards decriminalization, public health, and the exploitation of new markets around drugs.
The White House Office of National Drug Control Policy released its annual report on the cultivation and production of coca in Colombia, Peru and Bolivia. Photo: Reuters
LatinAmerican Post | Gregory Ahumada
Listen to this article
Leer en español: ¿Cómo están los países consumidores en política de drogas?
The White House Office of National Drug Control Policy released its annual report on the cultivation and production of coca in Colombia, Peru, and Bolivia. The situation is worrying since the hectares cultivated in the first two increased. In Colombia, it increased by 15% to 245,000 cultivated hectares, while in Peru there are currently 88,200 hectares. Bolivia, on the other hand, presented a slight decrease. Finally, in terms of potential production, the 3 countries registered an increase. This leads us to consider not only the strategies that the producing countries have been carrying out but also how the dynamics have been in the countries that consume the most.
En el 2020 aumentaron los cultivos de coca en Colombia, eso quiere decir que nuevamente fracasó la política antidrogas de @IvanDuque, desde @ascsucor_org hemos insistido que la única solución es la implementación del #PNIS, contemplada en el Acuerdo de Paz! pic.twitter.com/XvOqfI5RpH— Jose David Ortega (@JoseOrtegaRuiz) June 26, 2021
There is the idea that the producers are the ones to blame because of the increase in the consume. But what is the role of the other countries? Aren't they as guilty or even more than the others?
¿Qué dice? Hay un compromiso de más de USD$ 465.000.000 para Colombia.— Michael Weintraub (@miweintraub83) July 1, 2021
En orden de importancia en el doc aparece PRIMERO acciones contra narcóticos y señala que el Gobierno se debe comprometer con una reducción de 50% la producción de coca y cultivos de hoja de coca 2/n
In the first place, the United States has always been the leader in the fight against drugs. The conservative approach of the nation has always criminalized the use of any drug and it has just resulted in an increase in violence. However, in recent years there has been progressing towards the legalization of marijuana in some of its states. On the other hand, neighboring Canada became the second country in the world to legalize the recreational use of marijuana and is on its way to becoming a powerhouse in the trade of cannabis-based products.
On the other hand, we have Australia and New Zealand with a high percentage of the consumer population. These countries have tried to reduce the supply of drugs in their territories but have also applied a public health approach. Some Australian states have established cannabis decriminalization models and mechanisms for consumers to receive medical assistance. For its part, New Zealand initiated a pilot program based on criminal justice but leaving the door open to the legal market for recreational drugs so that manufacturers can create and distribute these products under controlled conditions.
Decriminalisation and treatment helped cut Portugal’s overdose rate to one of the lowest in Europe https://t.co/rINLnQAGkQ— The Economist (@TheEconomist) December 5, 2018
Another relevant case is that of the Netherlands. In general terms drugs are prohibited there, however, they have designed a drug policy with strict conditions that allow the use of cannabis. Here "Coffee shops" have been created; places where the sale of drugs is allowed, under controlled conditions and with serious restrictions for people.
Something similar has been happening in Israel, one of the countries with the highest percentage of marijuana users. In recent years, the use of marijuana has been decriminalized and it has even been positioning itself as a powerhouse in medical cannabis research. Here there has also been a boom in cannabis consumption coffee shops with limited conditions. (Emergui, 2021)
Change is coming ????????????— Jason Kew (@jqjasonkew) June 30, 2021
Support not punish
As we have seen, developed countries are gradually opting to decriminalize the use of soft drugs. Likewise, special importance is being given to medicinal uses and a public health approach has been given to the problem. However, we will have to wait for what will happen to stronger drugs such as cocaine, whose illegal production is still massive. However, President Joe Biden has promised to shift the historic approach to the fight against drugs towards a less punitive approach, which is sure to have serious repercussions in producing and consuming countries.


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Three Wisconsin breweries made an annual list of the top 50 craft brewing companies in the U.S. in 2020, though none are located in Brew City itself.
The Brewers Association, a not-for-profit trade association based out of Boulder, Colorado, released its annual liston Tuesday. It includes what it believes to be the top 50 producing craft brewing companies and the overall brewing companies in the U.S., based on beer sales volume.
These are the three Wisconsin breweries that got top marks for brewing craft beer:
- #12 New Glarus Brewing Company in New Glarus
- #16 Stevens Point Brewery in Stevens Point
- #18 Minhas Craft Brewery in Monroe
The list puts Kings & Convicts Brewing/Ballast Point in Pleasant Prairie and San Diego, CA at #30. However, their products are made at their Highwood, IL facility. They plan to open a location in Pleasant Prairie.
And the same breweries are credited in the association's list for overall brewing companies:
- #21 New Glarus Brewing Company in New Glarus
- #25 Stevens Point Brewery in Stevens Point
- #27 Minhas Craft Brewery in Monroe
- #39 Kings & Convicts Brewing/Ballast Point in Pleasant Prairie and San Diego, California
What are the top craft breweries in the nation, according to the survey, you might ask:
- #1 D.G. Yuengling and Son Inc in Pottsville, PA
- #2 Boston Beer Co in Boston
- #3 Sierra Nevada Brewing Company in Chico, CA
- #4 Duvel Moortgat in CA, MO, NY
- #Gambrinus in CA, TX
Bart Watson, chief economist of Brewers Association, had this to say about this year's list, amid the coronavirus pandemic:
“The COVID-19 pandemic drastically changed where Americans purchased alcohol in 2020. Breweries who had established packaging and distribution capacity were best positioned to take advantage of the boom in off-premise sales and weather market uncertainty... These businesses also saw variation in performance based on geography and business model, with different parts of the country seeing very different beer trends, and draught-heavy breweries suffering.”
The Brewers Association’s full 2020 industry analysis, which shows regional trends and sales by individual breweries, will be published in the May/June issue of The New Brewer, available in May 2021.


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Son said the Putrayaja Vision 2040 launched by APEC leaders last year demonstrates APEC members’ determination and commitment to overcome difficulties and bring the economy back to a trajectory of strong and sustainable growth, for prosperity of the people and future generations.
With regard to cooperation priorities, he suggested that APEC should bring into full play its leading role in limiting trade barriers and discriminatory measures, especially for essential goods, expanding a network of free trade agreements, and promoting an open, transparent, inclusive, rules-based multilateral trading system and WTO reform.
APEC should improve the resilience of supply chains by speeding up the implementation of agreed cooperation programs on connectivity, digital economy, and small and medium enterprises in order to facilitate human movement and goods circulation, promote digital transformation, and enhance the resilience of enterprises, he said.
At the same time, to help control the COVID-19 pandemic, Son suggested that APEC should support its members to access vaccines in a timely manner, increase cooperation in technology transfer, research and production of vaccines, and improve the capacity of the community health system, and its ability to respond to infectious diseases and medical emergencies in the future.
According to Minister Son, fostering economic recovery goes hand in hand with strengthening global resilience, sustainability and inclusiveness.
It is therefore necessary to promote cooperation in trade facilitation of goods, environmental services, circular economy, energy - water - food security, climate change and disaster risk management, along with improving women’s economic power and supporting disadvantaged groups, he stressed.
Attending the virtually held meeting, foreign and trade ministers of all APEC member economies agreed to strengthen measures to respond to the COVID-19 pandemic, ensure equal access to vaccines and treatment measures, expand vaccine production and supply, and invest in the healthcare system.
They agreed to form a dynamic and connected Asia-Pacific region through efforts to ensure a free, open, and non-discriminatory trade and investment environment, prevent supply chain disruption, promote mutually beneficial trade relations, and seize opportunities from the fourth industrial revolution and digital transformation.
The ministers approved the joint statement of the meeting and two appendices on assessment of the roadmap for competitive services in APEC and the APEC environmental services reference list.


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In an interview with Metro, Bethesda’s Pete Hines discusses all things Fallout 4. One element that stuck out as particularly interesting, was the discussion surrounding the announcement of Fallout 4. Almost nothing about the game’s reveal has been done traditionally, with Bethesda keeping it under wraps until just a few months before its release date.
Announced just prior to E3 2015, and then given a full rundown at the show proper, Fallout 4 was already only a few months away from hitting store shelves. According to Hines this was not only how the team wanted it, but it actually could have been a much shorter lead time if they had fully gotten their way.
“There’s a couple of reasons for all that,” Hines says in regards to how short the time is between announcement and release. “The brevity of the period between announce and launch was really a function of how much can we actually get away with? ‘Cause if you ask Todd he’ll just say, ‘Can we announce it and release it that day?’. Like, he never wants anybody to see his stuff before it’s out.”
Hines gives other reasons why there was so little marketing right up until the E3 2015 unveiling. “And everything that you do is a burden on the dev team. Every video that you do, every demo that you do is taking some amount of time from the team to say, ‘We need to capture this, we need to put this together, what are we gonna show? Oh wait, that’s not working in this build ’cause we just entered this stuff in…’
“So it’s a burden on them to be able to deliver some demo for some show, when their real goal is, ‘I gotta have a game in everybody’s hands on November 10’. And so by shortening it you’re reducing the number of beats you need to maintain momentum.”
Fallout 4 hits PS4, Xbox One, and PC on November 10th.


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Seeking to be the Groupon of the automotive world, WheelsNeedDeals.com recently launched in Plainview, offering weekly deals on anything from oil change packages to key finders.
Using a collective buying approach, the website is able to offer discounts on a variety of car-related products and services.
While online deals are available nationwide, deals for individual brick-and-mortar stores are currently only available in the Long Island and Queens markets.[dmc-related-post-wp numitems="3" title="Also read"]
Family Auto in Baldwin and Bethpage Car Wash in Bethpage have already signed on with WheelsNeedDeals.com to offer discounted services.
“Car owners want to know that their automobile is being taken care of by top-level professionals,” said Jeff Cohen, WheelsNeedDeals’ co-founder and vice president of operations. “Before we sign a merchant to our program, all WheelsNeedDeals potential merchants are thoroughly vetted by our staff to ensure our members a hassle-free experience with merchants they can trust.”
Cohen founded the company along with fellow Plainview residents Jimmy Palakis and Jared Kugel. The trio also offer weekly car-care tips through the website’s blog.
More breaking news
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Another of the virus’s lasting legacies is to strengthen a global trend towards greater protectionism, a point also made by Dr Rebecca Harding in flow’s Trade re-set (26 June) where she talks about the “world’s retreat into protectionism and nationalism”.
“The Covid-19 shock is likely to leave permanent scars with a substantial retrenchment of global goods and services trade for years to come,” warn Deutsche Bank’s Reid and colleagues in The long road to recovery. They predict, “Global value chains could become less attractive and will be curtailed in favour of continental value chains. Pure continental production lines should be less prone to any sort of global crisis and are easier to manage in the event of a crisis.”
One development that was more of a surprise has been China’s trade performance in Q2 2020, where “exports have held up exceptionally well, in fact much stronger than in previous downturns,” despite the worst global recession since World War Two. “But Covid-19 has so far had mixed impact on China's exports, including positive effects on some products such as medical supplies and electronics,” the authors note.
However, overall, the outlook for global trade in the short term remains pretty bleak according to Deutsche Bank’s Chief Economist Stefan Schneider and colleagues in the 26 June report Focus Germany: Sounding out the Q2 GDP slump. They cite a variety of “growth dampening effects” and predicts that “more protectionism, the health situation in many emerging markets, the only gradual recovery in developed economies and repeatedly interrupted global value chains will dominate in the short run”.
Referencing the 2008 Global Financial Crisis and its ensuing “wave of protectionism”, Schneider’s team expect the average growth rate of global trade to be similarly impacted by the pandemic. “We think the subdued gradual recovery will continue with a growth rate of 5% in 2022 and then a growth rate which is close to the new normal average growth of 1.7% p.a. for global trade in goods and 3% p.a. for global trade in goods & services. Both growth rates are assumed to be slightly lower than pre-[pandemic]. From 2012 to 2019 they were 2.2% and 3.3% on annual average.”
Wider concern about the future of multilateral trade and trust between economies remains. “For the WTO, trust is a perishable commodity. If there is too much testing by members of the outer limits of existing rules or taking excursions outside of them, trust deteriorates, and the multilateral trading system becomes less reliable,” said the body’s Deputy Director General Alan Wolff on 26 June.2


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Thursday, February 5, 2009
Taco Mac Will Open Flagship In Former Frankie's
This just in from a Repeat Atlanta reader!
The Tappan Street Restaurant Group will open their first flagship location of their hugely successful Taco Mac chain this summer in Sandy Springs. Taking the 8000 SF space formerly occupied by Jocks & Jill's Frankie's restaurant in the Prado shopping center on Roswell Rd., the new eatery will be one of the biggest in thier seemingly always growing number of locations.


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Gourmet Dog Food: A Taste Test
You love your dog like it’s a member of your family. Why not feed it like one? Many people do. “Human-grade” pet food—which meets the Association of American Feed Control Officials’ ingredient and manufacturing requirements—and its less strictly defined relatives are a rising sector of the $18.9 billion pet food industry. David Lummis, senior pet market analyst at Packaged Facts, estimates that all-natural dog food represents 10 percent of all sales.
How does gourmet dog food taste to a human palate? Lucy Postins has some idea. The founder of Honest Kitchen, the biggest pet food company permitted to claim human-grade status, says her 16 employees try every ingredient when putting a recipe together. But what about the average foodie? I tucked into seven dog dishes and solicited wine pairings from André Mack, owner of Mouton Noir Wines and award-winning former head sommelier of three-Michelin-star-rated Per Se in New York.


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IBM Cooks Up Replacement For NAND, Hard Drives
April 11, 2008 11:26 AM
IBM's new racetrack storage takes advantage of advanced quantum mechanics to move tiny magnetic domain walls on which information is stored.
IBM bets big on spintronics, new type of memory which it says will deliver terabyte MP3 players
With computer hardware ever advancing and improving steadily, the question in the hardware development world is not so much "if" but "how?" IBM believes that it has developed the storage solution for next generation of consumer electronics and computers. IBM's new storage technology is known as spintronics, and it is betting that it will replace both the solid state drives (flash) and traditional magnetic drives, by offering higher densities at a lower price.
The basic premise of IBM's technology is storing the data on a wire track. IBM calls the memory "Race Track" memory due to the fact that the data "races" around the memory's track design. It was developed by IBM Fellow Stuart Parkin and his colleagues, whom are firm believers that the new technology will make older storage methods obsolete. According to Parkin the benefits are across the board-- much improved read/write times, higher capacities, improved stability, improved durability all at a lower cost than today's memory.
Solid state electronic devices based on the new memory could theoretically store 500,000 songs or around 3500 movies on a
standard MP3 hard drive
, and be accessed at lower power consumption. The data would be safe, according to IBM from degradation for decades. Further the power consumption would be so low the battery could run for weeks on a single charge.
While Parkin's enthusiasm is certainly infectious and the idea remains intriguing, it turns out the technology relies on some exotic science that prevents it from being commercially realized today. The new memory
utilizes a field of quantum computing known as spintronics
, which involves reading and writing data by altering an electron's spin. Currently no known commercial ventures using such technology exist, so its commercial implementation remains far off.
Undeterred, Parkin states, "It has been an exciting adventure to have been involved with research into metal spintronics since its inception almost 20 years ago with our work on spin-valve structures. The combination of extraordinarily interesting physics and spintronic materials engineering, one atomic layer at a time, continues to be highly challenging and very rewarding. The promise of racetrack memory - for example, the ability to carry massive amounts of information in your pocket - could unleash creativity leading to devices and applications that nobody has imagined yet."
The research of Parkins and his colleagues is outlined in their paper "Current Controlled Magnetic Domain-Wall Nanowire Shift Register”. As is evident by the title, the current working concept of the memory utilizes the exotic carbon compound nanowires. Fortunately, nanowires are a
bit better researched
and understood than quantum computing, and have seen
limited commercial development
On a technical standpoint the memory's operation is reliant on a phenomena in spintronics known as spin momentum transfer. This allows for a magnetic shift register, which shifts a series of closely space domain walls. Basically data is continuously pushed along through a nanowire. The rotation of data through the looped circuit is analogous to the spin of the drive platter on traditional magnetic hard drives, albeit much faster, in that it brings the information to the read/write head.
Parkins states that magnetic domain wall data storage obstacles can be overcome by using spin polarized current along with the magnetized walls. The resulting spin transfer torque will cause the domain wall to move. He claims that the memory type is entirely new and never before considered.
The new memory type, like current flash drives would use no moving parts, limiting failure. Further, as it stores information in electrons, IBM claims that the data would experience no degradation over time. IBM brags that the drive could be rewritten “endlessly without any wear and tear.”
IBM believes it has the solution for the "How?" of improving memory densities and performance on hand. Now the question they admit remains uncertain is "When?" The researchers predict that in a decade the technology might see commercialization. This seems overly optimistic over
despite modest gains in quantum computing
Still, one can only hope that IBM's new technology lives up to its bold statements and can be commercialized. After all, it's good to look at things from a fresh perspective, and it would be even better to have one of those terabyte sized MP3 players, which the researchers are talking about, in your pocket.
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The "Think Tank Plus" dialogue of the International Forum on the Belt and Road Port was held in Tianjin on Dec 6. Politicians, entrepreneurs and experts from Thailand, Sri Lanka, Egypt and United Arab Emirates discussed the port cities' cooperation under the Belt and Road Initiative and the initiative's effect on the open world economy.The former president of Thailand's National Assembly Bhokin Bhalakula thinks that port cities are the pillar of international trade development, as 80 percent of freight transport moves by water. Promotion of communication and cooperation between port cities is consequently an important practical step.A politician from Egypt said he believes that more projects such as the China-Egypt TEDA Suez Economic and Trade Cooperation Zone should be developed to strengthen cooperation among countries along the Belt and Road.Zhang Daqian, senior vice president of DP World, hopes that his company will get more development work from the Belt and Road Initiative.Sheng Bin is the dean of the school of economics of Nankai University and the deputy director of the China Free Trade Zone Research Center. He thinks that developing countries should maintain their cooperation and steady growth of their economies at a time of global economic downturn.
Port City Dialogue Promotes Belt And Road Construction
- Dec 08, 2017-


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Festival Foods announced that it will be opening two more stores in the Milwaukee area, one in West Allis and the other in Greenfield.
Each new location will employ nearly 250 associates and include a Caribou Coffee. The openings will bring Milwaukee-area Festival Foods stores to three and total Wisconsin locations to 35.
“We understand that grocery shoppers have many options, and our company strives to be the first choice for many reasons – the best shopping experience, excellent product quality and selection, and exceptional value,” said Mark Skogen, president and CEO of Festival Foods. "Most important to us is building relationships with our associates, our guests and our communities, and our teams are looking forward to sharing the Festival Foods experience with everyone who comes through our doors.”
The West Allis location at 11111 W. Greenfield Avenue is expected to open May 21, while the Greenfield store, 4777 S. 27th Street, will open July 16.


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The value of the global eSIM market is set to increase from $4.7 billion in 2023, to $16.3 billion by 2027 – with a growth spurt expected when Apple’s eSIM only iPhone 14 is launched.
According to a new report from Juniper Research, the eSIM market is set to grow by an impressive 249%, driven by the adoption of eSIM-enabled consumer devices, as seen in Apple’s recent release of the eSIM-only iPhone 14, triggering accelerated operator support.
eSIMs are embedded within devices, enabling devices and sensors to seamlessly switch between network operator profiles. They are great for MNOs to control and activate, as well as for corporates to have seamless control, via their MNO, of all their devices. They also allow users to have multiple SIMs – and therefore numbers – in one device, so one device can be both work and personal phone.
On the downside, however, eSIMs don’t work in countries that have no eSIM support (yet), while if a user damages their phone they can no longer switch out the SIM card into another handset – that they have to do via their MNO.
Download the free whitepaper: Top Three eSIM Trends in 2023
eSIM-enabled Android devices to accelerate consumer adoption
The research predicts Apple will expand deployment of eSIM-only devices to Europe during 2023, with eSIM technology key to minimising the time-consuming establishment of roaming agreements within the fragmented European telecommunications market.
It found the total number of smartphones leveraging eSIM connectivity will increase from 986 million in 2023, to 3.5 billion by 2027, with manufacturers such as Google and Samsung developing an equivalent eSIM-only Android device in order to compete with Apple and maintain their global market positioning.
Research author Scarlett Woodford says: “Despite operator concerns regarding the disruptive impact of eSIMs on existing business models, growing support from smartphone manufacturers will place additional pressure on operators. In response, service providers must support eSIM connectivity to avoid subscriber attrition as technology awareness increases.”
Chinese regulations must support eSIM smartphone connectivity
The report found the total number of eSIM-connected smartphones in China will increase from 103 million in 2023, to 385 million by 2027, assuming country-specific standards are implemented; allowing eSIM use in smartphones.
It noted current regulations prevent Chinese-based device manufacturers from selling to their home market, limiting investment and innovation. In response, the report urges industry bodies to work closely with the Chinese government to develop specifications that allow eSIM support whilst addressing requirements for device monitoring and tracking.


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Courts will demand that landlords, tenants showed ubuntu during lockdown, lawyer says
More about 'landlords'
Game’s owner has started to squeeze its suppliers, Walmart-style – and landlords are next
SA's habit of above-inflation escalations on rentals is ridiculous, says Massmart's Mitch...
Phillip de Wet, Business Insider SA


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Microsoft will today unveil its plans to protect customer data from government surveillance.
The move comes in response to the revelation that the US National Security Agency (NSA) targeted weak links in the security of major internet companies, including Google, Yahoo and Microsoft, in order to tap the data on their networks.
In a blog post, Brad Smith, general counsel and executive vice president, Legal & Corporate Affairs at Microsoft, strongly criticised the government-led internet surveillance initiatives and outlined the steps that the software giant was planning to take to protect data.
"We are especially alarmed by recent allegations in the press of a broader and concerted effort by some governments to circumvent online security measures – and in our view, legal processes and protections – in order to surreptitiously collect private customer data," wrote Smith.
He continued: "In particular, recent press stories have reported allegations of governmental interception and collection – without search warrants or legal subpoenas – of customer data as it travels between customers and servers or between company datacentres in our industry.
"If true, these efforts threaten to seriously undermine confidence in the security and privacy of online communications. Indeed, government snooping potentially now constitutes an 'advanced persistent threat', alongside sophisticated malware and cyber attacks."
In response, the company will expand encryption across its internet-facing services, "reinforce legal protections" for customer data, and "enhance the transparency" of the company's code, "making it easier for customers to reassure themselves that our products do not contain back doors", according to Smith.
He added there was no evidence that customer data had been compromised by the NSA, "but we don't want to take any chances and are addressing this issue head on".
The effort will encompass major communications, productivity and developer services such as Outlook.com, Office 365, SkyDrive and Windows Azure, and will provide protection across the full lifecycle of customer-created content.
Smith outlined the following developments in particular:
However, Smith did not mention Skype, the company's online voice and video conferencing service, which has long been the subject of eavesdropping suspicion.
By eliminating high entry costs for big data analysis, you can convert more raw data into valuable business insight.
A discussion of the "risk perception gap", its implications and how it can be closed


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If you live by an actual brick-and-mortar Blockbuster store you should swing by soon to check out its latest product offerings: mobile phones.
The rental chain has failed to keep up with Netflix, but the Dish Network has been working to revive the brand with rental deliveries and instant streaming. In addition to new distribution methods, Dish chairman and co-founder Charlie Ergen says phones have been the focus of the retail chain since his company acquired it in April 2011.
Blockbuster already sells smartphones on its website. Now, according to Bloomberg, it will also do so in its 850 existing retail locations. So the next time you're in the market for a cell phone, Mr. Ergen hopes you think blue instead of going to Best Buy, RadioShack, or Walmart.
Whatever works at this point, right?


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The research reveals that 17% of consumers are struggling financially and 35% are just ‘getting by’.
However, only 8% said that they were looking to shop more on the high street, with 22% anticipating to shop online more frequently in future.
In addition, 33% have shopped online more often in the past six months, compared to just 9% that have ventured in-store more often.
Despite 58% of shoppers reducing their spending on non-essential items in the last six months, 47% still make at least one online transaction a week.
According to the report, an essential factor in the success of ecommerce lies in lower prices and an ability to track and compare price changes.
As such, 29% of UK online shoppers state that it is easier to track prices online than in person, while 29% of those planning to shop online more claim that items being cheaper online is driving them to buy this way.
The report also states that 15% of UK adults are using BNPL services for online shopping, with 59% doing so to stretch their budget further.
Two thirds of BNPL users have used this method more in the past six months, with 49% saying this is due to their tighter financial situation.
At the same time, however, 41% of online shoppers state that online purchases would be among the first things to cut if they needed to reduce their spending.
“We’ve seen how inflation has impacted our economy: consumers told us they are decreasing their spending across the board, most notably on special occasions, including holiday shopping and vacations,” Digital River chief revenue officer Ted Rogers said.
“However, our research has shown the pace of online spending isn’t expected to slow down despite the squeeze on finances.
“Brands must ensure they have optimised their digital stores to make the shopping journey as transparent and friction-free as possible, making sure consumers aren’t surprised by any extra costs.”


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The Italian Competition Authority penalised Apple and Google 10 million euros ($11 million) Thursday for allegedly utilising user data for commercial purposes without their explicit consent, a violation of Italy’s Consumer Code.
According to the authority, both Apple and Google use user data collected through their services for promotional and commercial purposes without the user’s consent. According to a machine-translated copy of the press release, Apple “directly exploits the economic value” of user data it collects to “promote the sale of its products and/or those of third parties through its commercial platforms (App Store, iTunes Store, and Apple Books).”
According to the watchdog, neither Apple nor Google informs users in a timely and adequate manner that their data would be used for commercial purposes. According to the fine’s summary, Apple does not provide users with a mechanism to opt out of their data being used for commercial purposes. The following is taken from the news release (machine translation):
“In the case of Apple, however, the promotional activity is based on a method of acquiring consent to the use of user data for commercial purposes without providing the consumer with the possibility of a prior and express choice on sharing their data. This acquisition architecture, prepared by Apple, does not make it possible to exercise one’s will on the use of one’s data for commercial purposes. Therefore, the consumer is conditioned in the choice of consumption and undergoes the transfer of personal information, which Apple can dispose of for its own promotional purposes carried out in different ways.”
Apple does not “immediately and explicitly present the user with any indication on the collection and use of (their) data for commercial purposes,” according to the Italian regulator, when users create an Apple ID, which is required to access any of Apple’s services.
Apple only advises consumers that their data would be used to improve and personalise their experience, not for commercial objectives, according to the watchdog.
Apple does offer consumers a splash screen when they access the App Store, for example, informing them that Apple may use some of their data to “enable features, secure our services, or customise your experience.”
While the authority properly points out Apple’s refusal to acknowledge that data would be used for commercial reasons, it fails to provide examples or evidence that Apple has done so.
Apple was penalised over $150 million by Italy’s competition commission earlier this week for alleged anti-competitive actions with Beats and Amazon.
The penalties was imposed after an investigation revealed that Apple and Amazon were restricting Beats product sales through third-party resellers in order to hinder competition.


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Berkshire Insurance, which offers online motor, travel and health insurance services, has started its operations in Bengaluru. To create buzz around its services, the company has rolled out an out of home (OOH) campaign across more than 30 outdoor sites.
The creatives have been done by Metal Communications while the OOH campaign is executed by Media Circle. The outdoor sites have been strategically chosen in high traffic areas. "As it is a launch campaign in the Bengaluru market, our team, along with the client, has done a couple of recces to understand the market and chose strategically located media as per the defined target group, allotting specific creative communication to be put up on that medium," says Anil Vohra, managing director, Media Circle.
Moreover about the creatives Siddharth Prasad, vice president - creative, Metal Communications, says, "We wanted to keep the feel of the communication light-hearted in a view to reinforce the message that insurance does not have to be a serious matter. That's why we have designed the creatives in a illustrative style using humour."
More than 30 outdoor sites have been used for the campaign. To create high impact, large format billboards and bus lit shelters have been chosen.
Arun Balakrishnan, chief executive officer, Berkshire Insurance, says, "We have targeted Bengaluru as there are mature online buyers in the city. Therefore the objective was to create awareness and build communication with the clients about the services offered by Berkshire Insurance. By executing the OOH campaign, we focused to drive the TG which travels internationally due to personal or business purposes, and people who own cars, to visit our website through our communication."
The OOH campaign kicked off on June 2 in Bengaluru and will continue for 21 days.First Published : June 06, 2012


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HIVE EXCLUSIVE: VOD Deal Creates Opportunities for Others24 Aug, 2001 By: Joan Villa
The five-studio joint venture recently formed for Internetvideo-on-demand (VOD) may open up the floodgates to dozens of other online retailers and pure-play Web services that have been waiting to license studio movies for downloading of their own.
The announcement that MGM, Paramount Pictures, Sony Pictures Entertainment, Universal Studios and Warner Bros. would share content ona “non-exclusive” basis means the consortium won’t run afoul of Justice Department antitrust regulations.
However, the fact that the studios can’t advance their venture without licensing their films to others mayprove a windfall to companies as diverse as online DVD rental retailer NetFlix, movie download site Sightsound.com, and the nation’s rental leader, Blockbuster Inc. There may even be room for independent video retailers to get in the game.
“It’s an exciting breakthrough because studios recognize this is going to be a business and that opens the door for lots of retailers to be involved as well,” says Ted Sarandos, NetFlix v.p. of content acquisition.
NetFlix, which has 300,000 subscribers to its online DVD rental service and some download licensing agreements already in place, plans to download its first films next year. Those initial offerings will likely target business travelers and other customers who already rent NetFlixmovies to watch on their laptops and are most receptive to downloading,he says. Customers will have the option to choose the download as an alternative to receiving the disc in the mail, as NetFlix does businessnow.
The success of such a venture hinges on access to licensing content, he adds. “Content has to be meaningful and it has to have variety toreplicate what there is in the real world.”
Right now, SightSound Technologies is the only system that offers fee-based downloads, a service it launched in April 1999 with the black-and-white thriller Pi. President and c.e.o. Scott Sander believesthe new venture will force the studios to take quick action to open up licensing to everyone.
Through deals with Miramax Films and Destination Films, Sightsound.com offers 20 movies per week as either a purchase or time-limited rental.
“We’re the closest to what the studios are talking about launching,” explains marketing director Jennifer Pesci-Kelly. After two years’experience with how the technology works, SightSound has insight into how to develop a “faster, cheaper and better way” to download for both the consumer and the copyright owner, she says. “One of the things we’redoing now is educating them about what this means and what the consumer experience is like.”
Blockbuster is “very glad” the studios have taken this first step toward VOD and, in the process, opened the door to content licensing, says v.p. Karen Raskopf.
“We feel very strongly that eventually when VOD becomes a reality, Blockbuster is well positioned to be a force in the VOD arena,” she explains. “The studios are looking for other home entertainment channels to participate in, so is Blockbuster.”
Mark Vrieling, owner of Seattle’s Rain City Video and Screen Play, an in-store trailer service that also streams movie clips on the Internet, believes that movie downloading is not beyond the reach of enterprisingindependent retailers.
“The studios may be able to do a better job of reaching the entire United States, but if I’ve got a way where it can run through [my Website], I can cover the three miles surrounding my video store better than they ever can,” he says.
In fact, while studios have a foothold in television (including satellite and cable), gaming and home video, the consortium createsaccess to the one segment previously untouched: PC/Internet use, according to Alexander & Associates research director Greg Durkin.
“It’s a long-term plan to promote brands and get a presence in that one quadrant of home hours,” Durkin says. The added visibility could help video as cable often does now — by showcasing movies that consumers view then rent in a store rather than buy online. Plus, he insists it will be many years before download quality will approach what consumers expectfrom prerecorded software.
“This is not the movie experience that is going to compete with DVD by any means,” he adds.


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Since its launch in 2019, the 282-mile range e-Niro has seen significantly higher demand than stock; Kia reported a year ago that its 900-strong annual allocation had sold out in less than a month.
Its work with Kia Motors Corporation in Korea to increase the UK supply will help with the growing list of back orders and cut lead times to their shortest-ever level; particularly benefiting fleets and enabling both drivers and fleets to benefit from the 0% Benefit-in-Kind rate for zero-emission vehicles this tax year.
Customers who order a MY20 e-Niro – which offers additional battery and trim variants – can now can expect to receive their car in September, in time for the new ‘70’ registration plate change or during Q4.
The increased UK supply will also enable dealers to provide more vehicles on demo, providing businesses with an opportunity to see how the vehicle could fit in with fleet daily life.
Kia has also sourced additional supply of its Soul EVs for the UK. Launched in July, the new Soul EV
Paul Philpott, president and CEO, Kia Motors (UK), commented: “With the additional e-Niro availability coming to our shores it places our dealer partners in a better position to satisfy the huge demand we have received for the vehicle. What’s more, the recently launched Soul EV adds to this ability to give our customers what they want, when they want it.”
Earlier this year, Kia revealed its accelerated plans for electrified vehicles. The new strategy – dubbed ‘Plan S’ to mark the brand’s shift away from focusing on internal combustion engine vehicles – will see Kia offer a line-up of 11 fully electric vehicles by 2025.
Since then, it’s outlined how sales in Europe are central to this; every new Kia model launched in Europe will offer an electrified powertrain and is aiming for more than 20% of its European sales to be fully electric by this time by 2026.


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Agriculture Minister Narendra Singh Tomar launches 'Amul Honey'; says govt promoting bee-keeping in big way
The National Bee board was also established to undertake several activities. For instance, five major laboratories and 100 mini-honey testing labs are being established to check the quality of honey, an official statement quoted him as saying at the event
Agriculture Minister Narendra Singh Tomar on Tuesday launched 'Amul Honey', a new product developed by Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) along with National Bee Board.
After the launch, Tomar said the government is promoting bee-keeping among small farmers to double their income. About Rs 500 crore budget has been set aside for this purpose.
See Zee Business Live TV Streaming Below:
The National Bee board was also established to undertake several activities. For instance, five major laboratories and 100 mini-honey testing labs are being established to check the quality of honey, an official statement quoted him as saying at the event.
Further, Tomar stressed on the need to improve local honey standards to the global level and promote export.
Asserting that cooperative model is a key for success in farm sector, Tomar said working with cooperative sentiment will help grow like Amul in the field of milk.
GCMMF, which owns Amul brand, has made major contribution in bringing White Revolution in the country, he said, adding that the leading cooperative not only procures milk from farmers but also creates opportunities for small farmers, thereby contributing towards the country's growth.
Union Fisheries, Animal Husbandry and Dairying Minister Parshottam Rupala said farmers can earn not only from honey but also from by-products like royal jelly for which there is huge demand and better prices in the international market.
Ministers of State for Agriculture Kailash Choudhary and Shobha Karandlaje as well as senior officials from GCMMF were present at the event.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.


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This year, National Superhero Day is about more than donning a cape and fighting villains.
On Tuesday, April 28, The Great American Takeout asks Americans to join a nationwide Superhero Salute to recognize local heroes like our first responders, medical workers, grocery store and restaurant employees, teachers, mail and package carriers.
Families across the country have supported struggling restaurants every Tuesday for the past five weeks during The Great American Takeout. During the Superhero Salute, diners are encouraged to recognize a local hero while sharing their takeout order online.
Eight participants in the Superhero Salute will receive $100 gift cards to keep and the honor of awarding their hero with a $500 catered meal for their workplace, courtesy of The Coca-Cola Company and Tyson Foods.
Nothing goes together quite like dinner and a movie, so 250 additional lucky winners will get to stream the superhero movie of their choice for free, courtesy of the movie lovers’ streaming service ROW8.
To enter for a chance to win:
- Order takeout or delivery on Tuesday, April 28
- Post a photo of your takeout with the hashtags #TheGreatAmericanTakeout and #SuperheroSweepstakes
- Tag your local hero
- Tag @TheGATakeout (on Twitter) or @thegreatamericantakeout (on Instagram)
“During this unprecedented time, superheroes have emerged from all walks of life to serve on the frontlines of COVID-19 and make a difference in their local communities,” says Kathleen Ciaramello, president, Foodservice & On-Premise, Coca-Cola North America. “We are grateful for an opportunity to celebrate these heroes while also supporting the restaurant industry.”
Additionally, Tyson Foods will donate $5 to the Restaurant Employee Relief Fund (RERF.US), up to $25,000 total, for every social media post tagged with #TheGreatAmericanTakeout on April 28th. The National Restaurant Association Educational Foundation created RERF.US to support U.S. restaurant workers financially impacted by the COVID-19 crisis, and to provide aid to restaurant employees nationwide.
“We believe there is still an urgent need to continue generating support for the foodservice industry and those affected by the COVID-19 crisis,” says Nanette Luningham, Vice-President of Channel Development for Tyson Foodservice. “We are doubling down on our commitment to drive traffic to restaurants and provide monetary support to the Restaurant Employee Relief Fund by partnering with The Great American Takeout. On April 28, National Superhero Day, we hope everyone in the nation will help us support the restaurant industry and recognize the everyday superheroes who have emerged during this crisis.”
The COVID-19 crisis has devastated the restaurant industry, leaving restaurants reliant on takeout and delivery to survive. The Great American Takeout, a program developed and executed by Los Angeles advertising agency High Wide & Handsome, has generated widespread buzz, reaching more than 117 million people nationwide, and raised $260,000 to date for charitable organizations supporting restaurant workers.


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Social Commerce to Reach $1.2 Trillion by 2025, Accenture Finds
Accenture has predicted that the $492 billion global social commerce industry will grow three times as fast as traditional ecommerce, reaching the $1.2 trillion mark by 2025.
Social commerce, the research firm said, will grow by 26 percent compounded annually through 2025. Currently, it makes up 10 percent of all e-commerce, but it is expected to reach 17 percent by 2025.
Growth is predicted to be driven primarily by Gen Z and Millennial social media users, accounting for 62 percent of global social commerce spend by 2025. Millennials will account for a third of all social commerce spending (or $401 billion) by 2025. Gen Z will be the next highest group, at 29 percent, accounting for $359 billion, followed closely by Gen X, which will make up 28 percent and account for $344 billion in spending. Boomers will make up just 10 percent ($128 billion) of the total.
Accenture defines social commerce as when a person's entire shopping experience, from initial product discovery all the way to the check-out process, takes place on a social media platform.
Slightly less than two thirds (64 percent) of social media users surveyed by Accenture said they made a social commerce purchase in the past year, which Accenture estimates to reflect nearly 2 billion social buyers globally.
"The pandemic showed how much people use social platforms as the entry point for everything they do online—news, entertainment, and communication," said Robin Murdoch, global software and platforms industry lead at Accenture, in the report. "The steady rise in time spent on social media reflects how essential these platforms are in our daily life. They're reshaping how people buy and sell, which provides platforms and brands with new opportunities for user experiences and revenue streams."
While the opportunity is significant for large businesses, individuals and smaller companies also stand to benefit, according to Accenture. More than half (59 percent) of social buyers said they are more likely to support small and medium-sized businesses through social commerce than when shopping through ecommerce websites. Furthermore, 63 percent said they are more likely to buy from the same seller again, showing the benefits of social commerce in building loyalty and driving repeat purchases.
"Social commerce is a leveling force that is driven by the creativity, ingenuity, and power of people. It empowers smaller brands and individuals and makes big brands reevaluate their relevance for a marketplace of millions of individuals," said Oliver Wright, global consumer goods and services lead at Accenture. "Getting social commerce right will require creators, resellers, and brands to bring their products and services where the consumer is and will be rather than the other way around. It means working together within a dynamic ecosystem of platforms, marketplaces, social media, and influencers to share data, insights, and capabilities to deliver the right incentives and best consumer experience across an integrated digital marketplace."
Half of social media users surveyed, however, indicate they are concerned that social commerce purchases will not be protected or refunded properly, making trust the biggest barrier to adoption.
Trust, the research found, is more important to older generations than younger generations. Older shoppers emphasize security features and value brand familiarity while younger generations are attracted to livestreams and put more faith in buyer reviews.
"Those who have yet to use social commerce say one reason they are held back is their lack of trust in the authenticity of social sellers, while active social commerce users point to poor policies on returns, refunds, and exchanges as an area for improvement," Wright said. "Trust is an issue that will take time to overcome, but the sellers who focus on these areas will be better positioned to grow market share."
Accenture's research also found that by 2025 the highest number of social commerce purchases globally will be in clothing (18 percent), consumer electronics (13 percent) and home décor (7 percent). Fresh food and snack items also represent a large product category (13 percent), and beauty and personal care is expected to capture more than 40 percent of digital spend on average in key markets by 2025.
The study also found geographic differences in how people use social commerce. Eight in 10 social media users in China, for example, turn to social commerce for purchases for a given category, while the majority of social media users in the United States and the United Kingdom have yet to make a purchase via social commerce. Additionally, shoppers in China, India, and Brazil care more about features that help them discover and evaluate potential purchases, while those in the United States and the United Kingdom place more importance on pricing and discounts.


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Finance Minister Meirelles expects the economy will show "meaningful growth rate" by the end of 2017.
China has invested more than $50 billion in countries along the Belt and Road since proposing the initiative in 2013.
The US says tensions have come to a head and that it is working with China and other allies to pressure Pyongyang.
Investment picked up, retail sales rebounded and factory output accelerated.
In recent months, Qatar's sovereign wealth fund has invested in Russian oil giant Rosneft PJSC.
Egypt is an important partner in promoting the Belt and Road Initiative, a senior Chinese official said in Cairo.
North Korea's Vice Foreign Minister Han Song-ryol has told AP that the country "will go to war" if the US chooses to provoke it.
Earlier this week, Damascus has praised the “balanced stand” of the BRICS countries on the ongoing crisis.
Putin has said "Syria and Russia, as a common enemy, provide a wonderful platform for consolidation" to the western community.
The two countries are pursuing the establishment of a joint SA-Qatar Investment Fund in cooperation with Qatar’s sovereign wealth fund.


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The latest season of SnowRunner is now live alongside free updates that add a photo mode and more.
Saber Interactive and Focus Entertainment have announced the release of Season 6: Haul & Hustle for SnowRunner on PS4, Xbox One, Nintendo Switch, and PC via Steam as part of the Year 2 Pass, which launched in August. The new season delivers a giant payload of content, including a whole new region with two large maps brimming with unique activities, as well as two new vehicles and more.
According to Saber Interactive, players will “strike out into the remote regions of Maine, braving the elements with two new vehicles: the Aramatsu Forwarder, an agile 8×8 forestry specialist with a built-in crane and log trailer, and the Tayga 6455B, a tough, versatile 6-wheeler that can handle even the unforgiving terrain of Maine. Overcome one of the toughest challenges yet, starting out with a bare-bones garage without repairs or refueling and upgrading it over time.”
But wait… there’s more!
Alongside Season 6, a large free update has arrived adding crossplay between PC and PS4 with Xbox One joining soon. There is also a fully-fledged photo mode on all platforms, new addons, and a slew of vehicle skins based on the community’s favorite in-game vehicles. Think of it as an early Christmas present.
SnowRunner, the Year 1 Pass, and the Year 2 Pass are available on all platforms.


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RTD's new bus terminal outside Denver Union Station opens in a few days. Inside, the historic depot's transformation into a hotel and retail complex won’t be unveiled until July 12.
That’s when the Union Station Alliance (USA) will open the doors to The Crawford Hotel and most of the 12 new stores and restaurants in the building.
“This will be the new gateway to the American West,” said Dana Crawford, a partner in the team that’s been working for years on the project that bears her name.
Crawford spoke of the experience that visitors to Denver will have when they ride the Regional Transportation District's rail line, opening in 2016, from Denver International Airport to the station. “When travelers see this new great hall, it will be an amazing experience they’ll never forget.”
“People will be blown away at the sensitivity to history, yet modern design,” said Ferd Belz, principal of REGen.
In December 2011, RTD picked plans for a 112-room luxury hotel supplemented by retail over the competing plan for retail and office space from the Union Station Neighborhood Co.
The USA team include: McWhinney, Larimer Associates, Sage Hospitality, REGen LLC, Urban Neighborhoods Inc., JG Johnson Architects, Tryba Architects, Milender White Construction Co. and financial partner FirstBank.
Team representatives talked of the challenges of completing the project, picking the right mix of retailers and how the project will change the city.
“This was a rare opportunity to breathe new life into the building for the next 100 years,” said Walter Isenberg, CEO of Sage. “On the morning of July 12, as we like to say in the industry, we’re going to throw the keys away because the building never closes."
While group business reservations have been signed at the hotel, the hotel room reservation website went live just days ago. Rack rates start at $289 per night.
Officials described the cooperation necessary to bring the project to fruition.
“One of the biggest challenges was the complex nature of the public-private partnership between RTD [and] DUSPA (Denver Union Station Project Authority) ... but it was also ... rewarding how well everyone worked together,” said Belz.
“This is one of the most transformative projects the city has ever encountered,” said Jeff Hermanson, CEO of Larimer Associates, which handled the retail leasing. “It’s been a testament to collaboration.”
Chad McWhinney, CEO of McWhinney, admired the mix of retail tenants Larimer Associates collected, from a Tattered Cover book store to a flower shop to bars to Denver-based restaurants.
“As I’ve studied other areas of the United States, I’ve seen other beautiful historic structures, but the inside is chain fast-food restaurants,” McWhinney said. “Denver and Colorado did it right. We have one of the best airports in the world and now [there's] Denver Union Station, a historic building that features the best of Colorado.”
All the retailers and the hotel are expected to generate about $30 million per year, Belz said.
“Historically, transportation centers have become the hub of city,” Crawford said. “The building as we see it now opened 100 years ago in July 1914 and through the years it was a big transportation center, though service tapered off for many years. Now it's come full circle and ... will attract 200,000 people per day. This changes the axis of downtown.”
The area has already become a magnet for companies wanting to be near so they can attract young talent interested in a live-work-play environment.
“Tech companies like to talk about human capital and how they need to recruit talent,” said Joe Vostrejs, COO of Larimer Associates. “This is a great place to live and work, which helps Denver win that important battle when companies do research” where to locate or expand.
McWhinney said his company, with landowner Grand American Inc., will soon develop a blockwide project to be known as the “Z Block," between 18th and 19th streets and Blake and Wazee streets. Plans include a 350,000-square-foot mixed-use building that will have office, retail and multifamily space.
“That’s a direct result of Denver Union Station,” he said.
The next areas for growth will include the Brighton Boulevard corridor and Arapahoe Square, officials predicted.
“International tourism is the next frontier for all of us,” Isenberg said.


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When it comes to holiday shopping this year, the majority of consumers are going mobile.
That’s according to a recent study conducted by Burst Media and Rhythm NewMedia. The survey looks at how consumers use mobile devices while they’re shopping in physical stores.
In fact, over half (53.4%) of the 786 US consumers over 18 surveyed say they will use tablets and/or smartphones to go online and research and/or purchase products during the holidays.
Additionally, more than one third (34.2%) of respondents who use smartphones and/or tablets to shop expect to use their mobile devices more this holiday season than last. And one third (33.3%) of these mobile shoppers will purchase holiday gifts using their mobile devices, according to the survey.
Using the data from the study, companies can better understand how shoppers are using their devices while they are in brick-and-mortar stores.
Here’s exactly what those shoppers are doing:
- Research/compare store prices – 48 percent of men, 58 percent of women
- Access coupons/promotions – 34 percent of men, 60 percent of women
- Research/compare brand prices – 47 percent of men, 41 percent of women
- Research/compare features – 51 percent of men, 35 percent of women
- Research/compare reviews – 50 percent of men, 34 percent of women
- Access loyalty accounts – 14 percent of men, 30 percent of women
- Access social media – 6 percent of men, 8 percent of women
- Use digital payments – 14 percent of men, 11 percent of women
The study also finds that just about half of men (50.1 percent) and women (50.6 percent) use mobile devices inside physical retail locations to help them decide what to purchase. Since that’s the case, retailers should also take note of another data point from the study that points to the effectiveness of in-store push notifications.
Consumers who receive push notifications while they’re shopping in physical retail locations actually do make purchases. Over three quarters (76.8 percent) of respondents who report receiving mobile push notifications for in-store promotions read them, and 67.2 percent redeem them, according to the study.
Using data analytics and location-based marketing technologies, retailers can provide more targeted promotions to these mobile shoppers to help drive engagement and increase sales.
The authors of the study recommend some steps brands can take to connect with mobile holiday shoppers, including implementing mobile-optimized websites and mobile apps, as well as mobile advertising and location-based targeting efforts using technologies like geofencing and in-store beacons that talk to shoppers’ smartphones.
With geofencing, a business can use customer location as a data point to send customized offers that are more relevant to the customer, and therefore more likely to result in a conversion.
Using Bluetooth technology, beacons detect nearby smartphones and send them media such as ads, coupons or product information. Retailers can also use beacons to collect information on consumers—particularly how they maneuver through their stores.
Holiday shoppers are entering physical stores with their smartphones as well as pricing information, reviews and even coupons that they’ve gathered from the Web. Retailers can use in-store analytics to better accommodate these technology-loving consumers by interacting with them on their phones, i.e., sending in-store coupons directly to their smartphones via text messages.
In addition, retailers can also arm sales associates with their own mobile devices to help customers place orders and/or purchase goods from the sales floor.


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The latest CPI is weaker and the softness was sooner than we expected. More alarming is the recent broad-based deterioration in economic data. Lower inflation expectations have flattened the yield curve recently, which hurt Financial stocks. We believe inflation has likely peaked for the time being and patience is the right approach for the reflation trade at this point.
Apr 19 2017


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Netflix has reportedly managed to gain 15.8 million subscribers as people have started using the platform more due to the ongoing coronavirus pandemic. This is almost twice as many as the usually expected 7.2 million subscribers.
With this unusual boost, Netflix has a total of 182.9 million subscribers, marking a 22 percent year over year growth. However, the company is aware that the growth in subscribers may be temporary. In a letter to its shareholders, Netflix says the viewership may decline and the growth in new subscribers may witness a decline as soon as the lockdown period ends.
“Some of the lockdown growth will turn out to be pull-forward from the multi-year organic growth trend, resulting in slower growth after the lockdown is lifted country-by-country. Intuitively, the person who didn’t join Netflix during the entire confinement is not likely to join soon after the confinement.”, wrote the company.
Also, you might be aware that original content is one of the key factors that attract users to Netflix and what helps the platform stand out amidst a pool of streaming services. Netflix is currently facing disruptions in content production due to the lockdown situation. Last month, the company established a $100 million relief fund to help its workers.
The company, however, hopes to release more shows that were recorded prior to the pandemic. “While our productions are largely paused around the world, we benefit from a large pipeline of content that was either complete and ready for launch or in post-production when filming stopped.”, reads the letter.
Notably, in the second quarter of this year, Netflix will be releasing its new original comedy series named Space Force created by popular sitcom The Office fame Greg Daniels and Steve Carell.


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When doors open, you have to run through them.
That's how Jim and Anne Dalton have lived since they married 11 years ago, and it has never been more evident than the last six months.
The owners of Jim's Amish Foods at Knoxville Center Mall will open three additional retail stores by summer.
They also plan to expand their offerings of Amish and locally-made jams, jellies, veggies, salsa and cheeses to include candy, chocolate and baked goods made with the products they sell.
"It's just snowballed," said Anne Dalton, 70, who met her husband through an online dating site. They moved to East Tennessee from Florida in 2007. "We decided we needed something to do. We wanted to be active."
Their path to selling Amish food products actually began with jewelry — rings that Dalton designed, had manufactured overseas and sold on the road at various events and flea markets.
A gentleman selling Amish-made jams and jellies in a booth nearby always drew in big crowds.
"When the ring business went south, he was busy," said Jim Dalton, 71, who decided he wanted to give it a go, too, though he admitted he didn't know a thing about Amish foods except that he liked it. "I'm an eater. I would spend $80-$100 over there every show."
The Daltons eventually decided to set down roots as one of the first tenants at the former Turkey Creek Public Market in West Knoxville. Anne Dalton took half of their space for her rings, and Jim Dalton used his half for jams and jellies.
"Our first weekend there, she sold one or two rings and I sold half my stock," Jim Dalton said.
"By the second weekend, we moved the ring business home."
The Daltons eventually grew their Public Market space to six booths but wanted to expand to seven days a week so they went to the mall.
They are set to open their second location on Feb. 27 in a 1,200 square-foot space inside West Town Mall between Auntie Anne's and the Great American Cookie Co.
On June 1, they will open a 1,300-square-foot store at The Island at Pigeon Forge, currently under development off the Parkway.
With the two additional mega volume stores, they decided they needed somewhere to store product. So they have plans to open a commissary on Chapman Highway in Seymour, across from the Food City.
The 5,400-square-foot building will provide office space, storage and a kitchen. It will also serve as a large retail storefront complete with shopping carts. It is also expected to be ready this summer.
The Daltons credit their success in part to their wide variety and "try before you buy" motto.
"People don't have the money to waste. You can sample anything in the store. People buy what they taste. The product will sell itself," Jim Dalton said.
They quickly learned "that little black buggy stands for quality."
"We're on an amazing journey, and we're having a blast," he said
Call us at 1-877-304-7769.
Monday – Friday: 7 a.m. – 3 p.m. / Saturday & Sunday: 7 a.m. – 11 a.m.


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ATLANTIC BEACH, Fla. - Lote Group, a Gainesville, Fla.-based development and property management firm, announced plans for a complete renovation of the Shoppes of Northshore, a neighborhood in the heart of the Atlantic Beach submarket of Jacksonville, Fla.
BEACH LOVERS: An Atlantic Beach shopping center is getting major renovations this Summer. This is the before/after of the property near 3rd St and Atlantic Blvd.— Elizabeth Pace (@PaceAnJax) June 17, 2019
When you can expect to see construction - ahead at noon on @ActionNewsJax. pic.twitter.com/2HlC6gFr62
“We purchased this property with the vision of re-establishing it as a historic landmark, where 3rd Street and Atlantic Boulevard intersect at the center of Beaches Town Center,” Taraz Darabi, president and CEO of Lote Group, said. “We are excited to refresh and re-merchandise the center to extend and complement the walkable, pedestrian-friendly, boutique-style shopping and lifestyle experience of Beaches Town Center.”
“Shoppes of Northshore and Beaches Town Center is a high-energy locale in heavy demand due to the sense of community that is created by the restaurants and boutiques – it is the gathering spot for the beaches,” Whitney Butler, director of retail leasing for Franklin Street, a full-service commercial real estate firm that serves as the exclusive retail leasing agent for the roughly 17,000-square-foot shopping center, said.
- Guns N' Roses to perform at Vystar Veterans Memorial Arena in Jacksonville
- 7th American tourist dead in Dominican Republic while celebrating her birthday
- Deadly shooting at apartments near Jacksonville University
- Recall alert: Ragu pasta sauces recalled due to plastic fragments
- St. Johns County bicyclists killed after hit-and-run: Deputies find car, not suspect
The renovation will begin this summer and is scheduled to be completed by the end of 2019. The leasing team, led by Butler, is actively seeking local restaurants, boutique retailers and fitness and wellness concepts for the project.
“This shopping center has been a fixture of the Atlantic Beach community for over 25 years,” Butler said. “The new owner is continuing that tradition by bringing in a new group of experiential retailers to better serve neighborhood residents and tourists alike. We’re seeking tenants that will fit the year-round, active lifestyle of both current and future residents.”
© 2019 Cox Media Group.


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By The Globe and Mail Staff WriterA new generation of smartphones is coming to the market.
The smartphones that have dominated the smartphone market for years, like the Samsung Galaxy S3 and the Nokia N9, have gone from niche to mainstream, with a few exceptions.
These devices were designed to appeal to a younger and more affluent segment of the consumer.
They have been popular with the young and tech savvy who have grown up in a world where mobile phones are not a necessity but a luxury.
The new phones that have been introduced include a few that were created specifically for this segment, but the majority are still the same phones that people used when the S3 was launched back in 2011.
The S3, a device that sold around 9 million units worldwide in its first three months, has long been the king of the smartphone world.
But with the launch of the iPhone 5s, Verizon is looking to move into the smartphone arena in a major way.
This year, Verizon will release three new models of the Galaxy S5, a phone that will replace the S5.
Verizon will be bringing back the popular “Frontal” phone with a slightly more premium design.
It will also be offering two new models, the S4 and the S6, which are more of a midrange phone.
The front end of the new phones is a much bigger and more spacious than the one on the S7, with the front face of the S8 now being the same as the S9.
This phone will be available in two different color schemes, a matte black with silver accents and a gold metallic finish.
The silver metallic version of the handset will be priced at $800.
The phone will also have a more compact size compared to the S2.
The phone will weigh just over 2.7 pounds, which is just under 1.5 kilograms.
The rear of the device will be thinner than the S1, and will feature a much more compact design.
Verizon is calling it the S-Line, and it will be slightly larger and have a higher resolution.
The phones will feature the same Snapdragon 820 processor as the phones on the Galaxy Note 7.
They will also come with a 3,000mAh battery and a 2.5D curved display.
The S-Series phones will come in two colors, blue and black, which will come with two different models.
The back of the phones will be a bit different.
The handset will have a fingerprint sensor and will be made of a metal.
Verizon said that the device won’t be made out of plastic, but will be built of plastic instead.
It is also being made of Gorilla Glass 3, and the device should be available for sale in the US and Canada in the next couple of weeks.
The Galaxy S6 is going to be a more affordable device, but Verizon will still be offering a limited number of models.
Verizon has not announced pricing for the Galaxy A5, A6, A7, A8, and A9.
The Galaxy S8 and S9 are also still being produced.
Verizon’s S7 and S8 are coming in black and silver.
They feature the S Pen and will retail for $1,000 and $2,000, respectively.
The price difference is only $100, though it could be more depending on the country you are in.
The pricing will be $800 to $1,-200 in Canada, $1.00 to $2.00 in the United States, and $1-$2.50 in Europe.
The price for the new models is $1 per month for the S Plus model, $4.99 per month with LTE data, $8.99 with LTE speeds, and a $12.99 annual contract.
Verizion has been aggressively expanding its smartphone lineup for years.
In March of this year, it launched its first premium smartphone, the Galaxy Nexus, at a price tag of $1 million.
In September, it introduced the Galaxy Tab 7, which retailed for $899.
Verizon plans to release more premium smartphones this year as it continues to grow its market share.
The Bottom LineVerizon has been expanding its mobile phone offerings in recent years, but this new Galaxy S series of phones will likely make up for some of those losses.
It remains to be seen whether or not Verizon’s flagship phones will have the same amount of value as other premium smartphones, but at least the S phones are a good price point.
Read more about smartphones, tablets, tablets and smartphones in general:Follow The Globe & Mail Staff on Twitter at @globeandmail.
Read the Globe & Post on Facebook at GlobePost.


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Opportunities to assist small businesses across the UK overcome hurdles to transatlantic swap and development have been reported in a brand new report made by leading US-UK trade association BritishAmerican Business (BAB).
BAB, inside partnership with the Department for International Trade, hosted 4 virtual roundtables taking together leaders from more than sixty little and medium enterprises (SMEs) across London and the South of England, the Midlands, the North of England and Scotland, to hear their success stories and help deal with the challenges they face.
The ensuing article, entitled’ Making a Difference’, currently uncovers 3 priority areas where the government is able to work with SMEs to motivate greater transatlantic trade as well as investment as a part of its ongoing work to help SMEs across the UK:
Lower barriers to trade and buy by aligning standards and regulations.
Solve trade disputes and enable easier business traveling across the Atlantic.
Boost on-the-ground, practical assistance to businesses, including sourcing reliable vendors or navigating complicated tax demands.
Making up 99 % of all companies in the UK, producing £2.2 trillion of income and employing 16.6 million individuals, SMEs are actually the backbone on the UK economy. As the article shows, however, they’re frequently hit the hardest by red colored tape as well as substantial operating expenses.
For example, Stoke-on-Trent-based ceramics manufacturer Steelite International presently faces 25.5 % tariffs on its US exports, in spite of facing little domestic competitors inside the US. TradingHub, a data analytics tight in London, revealed completing tax registration was excessively intricate, expensive and time-consuming, specifically when operating in more than a single US state.
The UK government is actually focused on generating far more possibilities for SMEs to swap with partners across the world as it moves ahead with its independent trade policy agenda, as well as negotiations are currently underway with the US, Australia and New Zealand. Along with constant swap negotiations, DIT has a program of support ready to help SMEs print on the help and advice they need:
A network of about 300 International Trade Advisors supports UK organizations to export and expand the business of theirs worldwide.
With regard to December 2020 DIT create a £38m Internationalisation Fund for SMEs in England to help 7,600 companies grow their overseas trading.
UK Export Finance even offers a network throughout the UK that provide qualified assistance on trade and export finance, especially SMEs.
Negotiations on a trade package with the US are recurring, and the two sides have now reached broad agreement on a medium-sized and small business (SME) chapter. A UK US SME chapter is going to provide additional support by boosting transparency and making it a lot easier for SMEs to exchange, for example by building brand new measures on information sharing.
SMEs may also benefit from measures across the majority of an UK US FTA, on customs and swap facilitation, company mobility, and digital swap, for instance, and we’re now focusing on SME friendly provisions throughout the agreement.
Minister of State for Trade Policy Greg Hands said: businesses that are Small are at the heart of the government’s change agenda as it moves ahead as an impartial trading nation. We have already made progress which is good on an UK US swap deal, – the committed SME chapter is going to make it easier for these people to offer goods to the US and produce the best value of transatlantic opportunities.
From Stoke-on-Trent Ceramics, through world top medical therapy technology offered by Huddersfield, to Isle of Wight lifejackets – we’re committed to a deal that works for UK producers as well as customers, and ensuring it truly does work to the advantageous asset of SMEs long time into the future.
Right after a hard 2020 I want to thank the SMEs which took part in this research and gave us this kind of invaluable insight into exactly how we can use our impartial trade policy to make certain we build back better as a result of the economic impact of Coronavirus.
BritishAmerican Business Chief Executive Duncan Edwards said:
BAB is proud to be working strongly around partnership with Minister Hands and the colleagues of ours on the Department for International Trade to deliver this roadshow and the Making a Difference report. The feedback we got from small businesses across the UK on what they would like to see through a later UK-U.S. Free Trade Agreement mirrors the opportunities the transatlantic economic corridor provides, and also the deep rooted strength of UK-US relations.
BritishAmerican Business Project Lead Emanuel Adam said: This initiative represents a continuation of yearlong work made by BAB as well as policy makers to put the needs as well as interests of growing businesses at the center of trade policy. The report not simply showcases just how government can put this into motion; in addition, it reflects that the UK Government has already welcomed the’ triangle of activity and support’ that the article suggests. We congratulate the UK Government inside its approach and anticipate doing our part so that more businesses can turn the transatlantic ambitions of theirs into truth.


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On March 03, 2023, the Government issues Decree No. 07/2023/ND-CP on amending and supplementing a number of articles of Decree No. 98/2021/ND-CP on the management of medical devices.
Accordingly, Decree 07 in 2023 amends a number of regulations on the declaration and list of medical device prices prescribed in Article 44, 45 of Decree No. 98/2021 as follows:
Listing of medical device prices:
Organizations and individuals manufacturing and trading medical devices shall list medical device prices at places specified in Article 17 of the Government’s Decree No. 177/2013/ND-CP or the Ministry of Health’s e-portal.
In case of listing medical device prices on the Ministry of Health's e-portal, the following information is required:
- Name and type of medical devices;
- Manufacturer and manufacturing country; product owner and country of product owner;
- Configuration and technical functions of the medical devices;
- Listed prices of medical devices.
Declaration of medical device prices
- Manufacturers and traders must declare the prices; declaration contents and procedures shall comply with the law on prices.
- Based on the actual situation and unexpected fluctuations in terms of prices that affect the sources of providing medical devices, and the payment ability of buyers, the solvency of the Health Insurance Fund, the Minister of Health shall issue, update, amend, and supplement the lists and provide guidance on medical devices subject to price declaration.
- Organizations and individuals manufacturing and trading medical devices shall make price declarations according to the forms specified by the law on prices or on the Ministry of Health's e-portal.
Decree No. 07/2023/ND-CP takes effect on March 03, 2023.


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AAPL), Samsung and Google ( GOOG). No matter how you look at it, I believe Dell's fate has already been sealed. Making matter worse is the company has spent the past couple of years throwing good money after bad, thinking, "Let's buy our way out of this mess." It hasn't worked. Nor have any of these recent investments (if you can call them that) done anything to shore up Dell's weakness in mobile.
I will be surprised, if not completely shocked, if the $13.65 offer goes much higher. Dell's not worth anything. Before you send in your emails, I say this knowing full well that Dell has $12 billion in cash on the books and still produces more than $4 billion in operating cash flow. But I don't find this impressive. There are many companies on Wall Street that produce these same sorts of numbers without receiving the public attention or press coverage that Dell enjoys today. Quite frankly, I'm annoyed by this. Given the competitive advantages this company once enjoyed and allowed to slip away, I believe it's a travesty of capitalism that Michael Dell still has a say in what this company is able to do next. All the while, frustrated investors who have held on to their stock faithfully, are used as pawns for a decision that may end up taking years to produce any sort of meaningful value post privatization. Again, nobody knows what that value will be. Follow @saintssense This article was written by an independent contributor, separate from TheStreet's regular news coverage.