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What to expect from Valentine Radar Detector 2016
Posted On July 25, 2021
By Scott MacfarlaneThe radar detector is not new, but the idea of using radar to spot thieves is new to shoppers.
Valentine Radar Detectors are a big step forward for retailers looking to add security and visibility to their store entrances.
The devices are mounted to the inside of the door to the store, where they are visible to shoppers as they enter the store.
It is a system that retailers are keen to use in an effort to improve safety in their stores, particularly at night.
But a Valentine Radar detector is only one part of the system, which includes:Radar detector is one of the first devices to be fitted to a car, to give shoppers a real-time tracking of potential thievesThe radar can detect movement on the ground that can be used to spot potential thieves and also to warn customers of the presence of a potential suspectThe radar has a range of 2.5mW (1.5km) and can also detect movement around the car from a distance of around 5 metres (16 feet)The sensor is mounted to a door in the vehicleThe sensors have been fitted to about 80,000 cars, according to a spokesman for the Australian Consumer CouncilThe device works by collecting a series of data about the environment in which it is located and comparing it to a database of known vehicles in the areaThe radar’s location is not known, but it can determine the distance the vehicle is from the entrance of the storeIt is not an automatic warning systemThe sensors work in tandem with the front door and the dashboard, to allow the driver to know when they are about to enter the carThe device can be fitted on cars from the startThe radar detectors can work in conjunction with the car’s rearview mirrorThe rearview mirrors can be turned off, allowing the radar detector to be used without the need for a driver to be presentThe device is fitted to almost all cars in Australia, and is available from retailers in the US and Europe as well as some dealers in Australia.
It can detect speed, speed at which the car is moving, the presence or absence of a security camera, whether the driver is wearing a seatbelt and whether there is any visible or hidden security cameras.
It has a variety of sensors to measure movement around a car in an area and to warn shoppers when there is a possibility of a car being stolenA typical model uses a range from 4.2mW to 6.7mW of powerThe radar sensor has been fitted on about 80 million cars, the spokesman for ACCC said.
“This will enable retailers to improve the safety of their stores and customers by improving visibility, alerting customers and giving retailers the opportunity to improve their business.”
He said the sensors had been fitted in about 80% of the cars sold in Australia by retailers and dealers.
“These are the first to be installed in the marketplace, and we are hopeful that other manufacturers will follow suit in the coming months.”
Topics:consumer-finance,electronics-and-technology,technology,coronavirus-and.suspect-disease,car,ann-thorpe-4805,british-national-football-league,australiaContact James WilsonMore stories from New South Wales


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Clients of KeyProcure’s business-to-business marketplace, KeyCorp, will have access to a broader selection of products and services online, KeyProcure said yesterday.
Seven new suppliers were added recently. KeyCorp said this will provide additional categories of business products to its clients. The new suppliers are:
* Airborne Express, which will provide discounted shipping services to 200 countries.
* Batteries.com, which will offer its selection of specialized batteries and accessories.
* Clayton Kendall, which will supply its promotional products, packaging and fulfillment programs for new product introductions, sales promotions and trade shows.
* Enable Systems, which will offer its technology products such as its Web-based application called TechSeeker.
* Integrated Global Communications, which will offer teleservices.
* Superior Bag, which will offer a selection of security bags.
* EMCO Commercial Flooring, which will offer commercial rugs.

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Dallas, Texas – In a climate of heightened inflation and escalating goods prices, North Texas cities are witnessing an unsettling decline in sales tax revenues, following significant surges in the preceding months.
As cities across the region labor to finalize their budgets for the forthcoming fiscal year, they confront the precarious task of balancing projected sales and property tax revenues. Despite the tenuous economic landscape, numerous North Texas municipalities are opting to expand their budgets, even as they simultaneously propose reductions in property tax rates.
Dallas is seeing drop in sales tax revenue since early 2023
In Dallas, sales tax revenue saw an impressive rise of $15.5 million from October 2022 through February 2023. However, the following months brought about a shift in this trajectory. In the three subsequent months, collections were lackluster compared to the same period the prior year, according to an internal city memorandum. Notably, sales tax collections in June were down nearly 1.5% compared to the same month last year, as indicated by the most recent figures from the Texas Comptroller’s Office.
Frisco, Irving, Arlington, McKinney also see sales tax revenue decline in recent months
The decline was not isolated to Dallas, with neighboring cities also facing setbacks. In Frisco, for instance, year-over-year sales tax collections plummeted by almost 8% in June. Irving recorded a 2% drop, while Arlington’s decline was one of the most pronounced, with sales tax collections slumping by more than 20%. In contrast, McKinney experienced a nearly 5% surge in sales tax revenues in June.
Nevertheless, despite these setbacks, sales tax collections from January to June remain on the rise year over year in most North Texas cities. For instance, Fort Worth’s sales tax collections for 2023 are up by 8.6% compared to the same period last year. Arlington stands as an exception, with a decline of nearly 3.5% year over year.
The ongoing fluctuations in sales tax collections come amidst a backdrop of sustained inflation. While inflationary pressures have eased since last July, prices remain elevated. The Consumer Price Index (CPI) for Dallas-Fort Worth rose by 4% in the 12 months through July, representing a deceleration from the peak increase of 9.3% recorded in the previous July. However, the local price gains in the region still outpace the national CPI increase of 3.2% over the same period.
Sales tax decline expected to continue in coming months according to experts
In light of these economic headwinds, Dallas’ contract economist, Dearmon Analytics, forecasts that sales tax collections are likely to continue their deceleration over the coming months. Consequently, cities in the North Texas region may face mounting budgetary challenges as they endeavor to navigate this volatile economic climate.


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Formspring Passwords Hacked, Posted Online
Social networking website Formspring was forced to reset the passwords of all its users on Thursday morning and send out notification emails after its network was hacked and 420,000 user passwords were posted online.
The company acknowledged the security breach via its official company blog. The company says someone breached one of its development servers and used that breach to extract user passwords from an active production database.
After the breach Formspring upgrades its encryption systems after reset user passwords to auto-generated passes.
User password hashes were posted to a security forum but did not contain usernames or other identifying information.
Formspring says its security protocols are now tighter and it is utilizing sha-256 hashing with random salts to bcrypt.
Users who log into Formspring for the first time since the breach will be asked to change their passwords. Users who take advantage of the Facebook login option can go about their business as usual.
The security breach was revealed just hours after Yahoo! Voices witnessed a similar attack.
On its blog Formspring tells users:
“We learned this morning that we had a security breach where some user passwords may have been accessed. In response to this, we have disabled all users passwords. We apologize for the inconvenience but prefer to play it safe and have asked all members to reset their passwords. Users will be prompted to change their passwords when they log back into Formspring. This is a good time to create a strong password.”
The company recommends 10 or more characters mixed with upper and lowercase letters and special characters, of course if passwords are stolen because of server and encryption issues the strength of an individual users password.


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Ecommerce in UK to reach €222 billion in 2020
Ecommerce in the United Kingdom is expected to be worth 222.5 billion euros at the end of this year. That would mean an increase of almost 11 percent compared to the situation last year, when the b2c ecommerce turnover was worth just over 200 billion euros.
Last year, ecommerce in the United Kingdom finally surpassed the milestone of 200 billion euros. Now, it’s set to add an extra 22 billion euros on top of that, with the expectation that the British online retail industry will be worth 222.5 billion euros at the end of the year.
The predicted growth of 10.96 percent is the smallest growth rate since 2016, when the industry increased with only 4.47 percent, a study from RetailX shows.
Ecommerce in the UK is expected to grow 10.96%.
The UK, the largest B2C ecommerce market in Europe, is a very digitized society, with 96 percent of the population expected to be online this year. Last year, 87 percent of that online population bought something online.
Most popular parcel delivery providers in the United Kingdom
According to RetailX’ analysis, the most popular parcel delivery provider in the United Kingdom is Royal Mail (52.7 percent). It’s followed by smaller players like Hermes (16.1 percent), DPD Group (14.2 percent), Parcelforce (4.7 percent), DHL (4.1 percent), Yodel (3.1 percent), UPS (2.8 percent) and UK Mail (2.2 percent)
Clothing is most return product category
The most returned product category among British consumers is clothing (30 percent), followed by shoes (13 percent) and consumer electronics (7 percent).
Royal mail is the UK’s most popular parcel delivery provider.
In the study, it’s also shown what the most popular goods are that are purchased online in the UK. Clothes or sports goods are number one (60 percent), followed by household items (49 percent), holiday accommodation (44 percent) and travel arrangements (43 percent).
Amazon is the preferred online platform for apparel shopping. It’s followed by Marks & Spencer, Asos, Denenhams, Argos, Topshop and Zalando.


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Amazon will not have deliveries on Martin Luther King’s Day, according to their website. In general, Amazon employees receive seven paid holidays: New Year’s Day..
Is the stock market open on MLK Day?
Stock and bond markets in the U.S. will be closed Monday, January 17 in observance of Martin Luther King, Jr. Day, offering traders a rest after a volatile start to the year.
Does Amazon pay time and a half for MLK Day?
They also paid time and half for Martin Luther King. But not president’s day. Amazon has 7 paid holidays. You earn 1.5 your hourly rate if you actually work on the holiday.
Is MLK Day a federal holiday 2022?
Martin Luther King Day 2022, a federal holiday, is commemorated on Monday, Jan. 17.
Is Wall Street open tomorrow?
The NYSE is open from Monday through Friday 9:30 a.m. to 4:00 p.m. Eastern time . The NYSE may occasionally close early, either on a planned or unplanned basis.
Stock Exchange Holidays.
|Good Friday||Friday, April 15||Friday, April 7|
|Memorial Day||Monday, May 30||Monday, May 29|
How many federal holidays are there?
Federal holidays in the United States are calendar dates that are designated by the U.S. government as holidays. On U.S. federal holidays, non-essential federal government offices are closed and federal government employees are paid for the holiday. There are a total of 11 federal holidays.
Is the post office open on MLK Day 2022?
Is the post office open on MLK Day 2022? No. United States Postal Service offices will be closed.
Is the stock market closed on December 31 2021?
The stock market is indeed open for a full trading session on New Year’s Eve, which is on Friday, Dec. 31, 2021. (If you trade fixed income, you’re in a little bit of luck; the bond markets close up shop a little early, at 2 p.m. ET.)
What holidays are stock market closed? Which Holidays Is the Stock Market Closed for in 2022? U.S. stock markets are closed on the following days in 2022: New Year’s Day, Martin Luther King, Jr. Day, President’s Day, Good Friday, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving Day, and Christmas.
How much PTO do you get at Amazon per week?
Annual Accrual Rates for Salaried Employees
|Years Worked||Part Time (20-29 hours per week)||Reduced Time (30-39 hours per week)|
|0-1||40 hours/ 5 days||60 hours/ 7.50 days|
|1-6||60 hours/ 7.50 days||90 hours/ 11.25 days|
|6+||80 hours/ 10 days||120 hours / 15 days|
Will stock market close on Juneteenth?
See also: What is Juneteenth? In addition, the U.S. stock market and the bond market will be closed on Monday June 20, in observance of Juneteenth. There will be no trading on major indexes, including the Dow Jones Industrial Average DJIA, -2.42% , S&P 500 SPX, -3.25% and Nasdaq Composite COMP, -4.08% .
How long can you take a leave of absence from Amazon?
1. Eligible employees may take up to 12 workweeks of unpaid, job-protected leave under the Family and Medical Leave Act (“FMLA”) in a rolling 12-month period for specified family and medical reasons.
Can PTO be rolled over?
A maximum of 40 hours of accrued and unused PTO time may be carried over from one calendar year to the next. Employees will not be able to “sell” unused PTO hours back to the company unless authorized by the company president.
Is American market closed today?
The US markets are open Monday to Friday every week and remain shut on weekends and some major US holidays.
Is mail delivery on Juneteenth? The U.S. Postal Service is fully supportive of the new Juneteenth National Independence Day Act and making June 19 a federal holiday. Unfortunately, it is not possible to cease the operations of the Postal Service to accommodate an observance over the next 24-48 hours.
Are banks open on Juneteenth? This coming Monday, June 20, 2022, will be the second Juneteenth officially recognized as a federal holiday in the U.S. All federal government offices, federal courts, banks, post offices, schools, and the U.S. financial markets will be closed.
Is Juneteenth a federal holiday in 2022? Is Juneteenth a national holiday in 2022? Yes. Juneteenth is a federal holiday in the United States celebrated on June 19.
Does UPS and FedEx deliver on MLK Day 2022?
January 17, 2022: Martin Luther King Jr.
UPS® pickup and delivery services are available. Note that UPS SurePost® and UPS Mail Innovations® deliveries will require one additional business day’s time in transit due to the Federal (USPS) holiday.
How long do you have to work at Amazon to get benefits?
Yes, Amazon employees working for 20 hours or more are eligible for benefits.
What is closed on MLK Day 2022?
As a federal holiday, most area public schools, post offices, libraries banks and government offices will be closed. Here’s what’s open and what’s closed in the D.C. region this Monday. The memory and legacy of civil rights icon Martin Luther King Jr. will be honored Monday.
Will there be mail delivery on Juneteenth?
United State Postal Service has announced post offices are set to be closed Monday, June 20 to observe Juneteenth. According to a media release by USPS, the holiday is this Sunday, June 19, so it’ll officially be observed the next day. USPS says there will also be no mail delivery or P.O.
Does the US post office deliver mail on Presidents Day?
Presidents Day is observed by the U.S. Postal Service. So, all USPS branches will be closed and mail services will not operate. This means USPS will not collect or deliver any letters or packages. Normal services will resume on Tuesday, February 22.
How often do you get PTO at Amazon 2021?
For salaried employees in the U.S., you can earn between 3-6 days of personal time depending on whether you’re a part-time, reduced-time or full-time employee. Personal time is earned in addition to vacation time. In this way, the total Amazon PTO time for a new hire will include 10 vacation days, plus 6 personal days.
How much are Amazon bonuses?
In many locations, the bonus is around $5000 and upwards in the first year and $2000+ in the second year. Bonuses are paid out in lump sum for the first year (Year 1) on the first paycheck.
Is Monday a federal holiday 2022? If a holiday falls on a Sunday, for most Federal employees, the following Monday will be treated as a holiday for pay and leave purposes.
|Friday, December 31 *||New Year’s Day|
|Monday, January 17||Birthday of Martin Luther King, Jr.|
|Monday, February 21 **||Washington’s Birthday|
|Monday, May 30||Memorial Day|


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Daimler has announced it has invested $ 500 million into building a new Mercedes-Benz assembly plant in the U.S. The new facility will primarily build the Sprinter van, which has experienced increased demand in the U.S.
Set to start construction near the Charleston, S.C., area sometime in 2016, the new plant will not only create more than 1300 jobs, but it will also help Mercedes meet growing demand for its vans at a lower cost while also reducing delivery times.
“This plant is key to our future growth in the very dynamic North American van market,” Volker Mornhinweg, head of Mercedes-Benz Vans, said to Automotive News. After Germany, the U.S. is the second-largest market for the Sprinter van.
Since 2001, most U.S.-market Sprinter vans have been produced in kit forms at German plants and then shipped to South Carolina for assembly. Cutting out the extra step would definitely have its benefits, with one of those being the possible addition of the newly revealed midsize Metris van to the assembly line. The U.S.-market Metris, which slots below the Sprinter, just made its official debut this week and will go on sale in October 2015 as a passenger and cargo van. The Metris will also be shipped in kits and assembled here, though we wouldn’t be surprised to see it built at the new plant once it’s up and running.
Automobile Magazine Features RSS Feed


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That said, we're expecting more than a dozen phones from several different manufacturers to get access when the 3rd beta arrives. Pixel 2 And Pixel 2 XL Dead Google announced the Pixel 2 and its larger sibling in October 2017, which went on sale later that month.
Next up is a feature called Bubbles, or Google's solution for better multitasking on a phone. We will know soon about it as the search giant will be revealing more about the OS version at the upcoming Google IO 2019 conference from May 7 to May 9 at Shoreline Amphitheatre, Mountainview, California, US. The rear camera in particular shines in comparison to most competition, and both devices are continually updated with the same improvements seen on the Pixel 3 series, such as Night Sight and Android Q inbound this summer. You'll get the latest version of Android Q right on your phone. Specifically, these curious listings have popped up in the Google Play Developer Console, which allows app developers to view specifications of various Android phones so they can determine whether or not their apps should support those devices. However with the departure of the Pixel 2 and Pixel 2 XL from the official Google Store, that time could well end up being sooner rather than later. Also, because of its software algorithms, Pixel phones are able to take an edge over their competitors in the camera department.
USA sets 2025 target for China to fulfil trade pledges
U. -China standoff is reducing trade and creating uncertainty for businesses trying to decide where to make investments. Asked about the benefits of an agreement for China, Trump said China 'will continue to trade with the United States.
According to the new patent, the future Google's Pixel smartwatch will enable users to easily exchange the bracelet of the smartwatch, much like how you swap your Apple watch's band. But today, on April 2, Google has officially chose to shut down this app. The best option is to switch back to the original Gmail app, that has been recently redesigned by Google, and now comes with a few new features too. "Apps using files in shared collections - for example, photo and video galleries and pickers, media browsing, and document storage - may behave differently under Scoped Storage", wrote Google in a blog post.


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Super Saturday is set to continue its holiday tradition of being the largest shopping day of the year by garnering 147.8 million shoppers this year, up from 134.3 million last year, according to numbers by the National Retail Federation and Prosper Insights & Analytics.
“While many people started holiday shopping early, those who waited until Thanksgiving weekend are feeling the pressure due to the limited number of days this year between Thanksgiving and Christmas,” says Matthew Shay, chief executive officer and president, NRF. “But there is still time to catch up. The last Saturday before Christmas has become the biggest shopping day of the year, and we expect an impressive turnout by procrastinators and those who just want to take advantage of really good deals.”
The numbers include both in-store and online activity, compared to the 189.6 million shoppers over the entire five-day Thanksgiving weekend.
According to the NRF, 86 percent of holiday consumers started shopping by early December, and they had completed 52 percent of their purchasing for the season. At the same point last year, 88 percent of consumers started shopping, with an average completion rate of 58 percent. The last time there were 26 days between Thanksgiving and Christmas, in 2013, consumers had completed 50 percent of their purchases at the same point.
Fifty-six percent of shoppers plan to purchase their last gift during the week before Christmas, while 62 percent are expected to shop on Super Saturday.


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The Stadia version of Doom Eternal will not be running in true 4K resolution, despite claims from Bethesda made last year.
Bethesda has released the specifications for each version of the Doom sequel, stating that the game “will run at 1080p @60 FPS on HD displays and up-sample to 2160p from 1800p @60 FPS on 4K displays.” As clarified by IGN, a true 4K resolution needs to run with an HDR display of about 4,000 pixels (or 3840 x 2160). However, the game will run only up-sample to 3200 x 1800 on 4K displays, which is an artificial way to hit 4K resolution.
Last year, the official Doom Twitter account announced that the game would support 4K.
DOOM Eternal is coming to #Stadia.
— DOOM (@DOOM) March 19, 2019
Id Software head Marty Stratton also promised that the game would be “capable of running at true 4K resolution” during a Google Stadia GDC presentation from last year.
Bethesda has not commented with an explanation for the change.
OnlySP’s Richard Flint said his most anticipated game of 2020 is Doom Eternal and added that “no other game has had the same satisfying and de-stressing effect of Doom.” Doom Eternal launches on March 20.


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By Cronan Scanlon
MORE and more young Donegal people are becoming addicted to a popular cough mixture, forcing some pharmacies to take the medicine off their shelves.
This week, one parent also tells the Donegal News about the nightmare of his son’s addiction to Codinex, an over-the-counter remedy that contains a morphine derivative called Codeine.
Codeine can be found in many painkillers such as Solpadeine and Nurofen Plus, however, Codinex is more popular with addicts due to its “purity”.
While it is perfectly legal to sell Codinex without prescription, a number of pharmacists told this paper they have been forced to take certain measures to prevent some people getting their hands on it.
One chemist even claimed that people were coming from outside the area with “forged prescriptions” in order to get it and other prescribed drugs.
“We prefer not to sell Codinex over the counter and offer a much less addictive alternative. We are very careful when it comes to selling anything containing Codeine,” one chemist explained.
Source: Donegal News


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Over 100 mensen verzamelden zich bij de St. Regis in Mumbai December fifteen to speak about the state of Bitcoin and the potential of blockchain technology in India. Neha Punater, partner and head of fintech at KPMG in India, and a speaker at the BlockZero conference, highlighted the probabilities and opportunities offered by blockchain technology.
Neha Punater said:
“Blockchain has the potential to crash cycle time and cut back prices across various areas like settlement, trade money, clearing, enz. it’ll change an economical and secure method of recording and maintaining identities, collaterals – monetary and non-financial.”
The blockchain technology may be a game changer that, if accustomed its full potential, offers associate innocuous, fast and economical method for transactions. Despite India’s comparatively emergent blockchain trade, the impact of the technology is critical enough to ensure assessment, experimentation and implementation by enterprises, the firm explicit in an exceedingly report discharged earlier this year. Blockchain is precious cash and additional real than we expect, as mentioned Rachna Nath, head of digital consulting at KPMG India.
Aimed at exploring the utilization of blockchain for the Indian market, the BlockZero conference brought along entrepreneurs, investors and senior executives from the money services and school industries. Speakers enclosed representatives from the National Payment Corporation of Asian nation, KPMG India, Chinese Bitcoin company BitKan, Indian blockchain startup Primechain Technologies, and the international Blockchain Network, a trade association for the blockchain trade.
BitKan, a sponsor of the event, bestowed the state of Bitcoin in China, light the country’s leading position in Bitcoin mining and commercialism. Bitcoin has become tempting short-run investment, as noted Sandy Liang, director of BitKan. He additional that the information recommend that China account for eighty percent of the bitcoin commerce volume within the world.
Indian investors are progressively turning to Bitcoin, that most reckon a hedge against rescript currency. The government’s demonetization drive and ending of enormous denomination notes has created a craze for bitcoin, which investors are getting at a premium worth presently hovering at around $810 per bitcoin.
Sandy Liang said:
“The Indian government has simply abolished the five hundred and 1,000 rupee notes and they are also facing the matter of liquidity shortage of folding money. Demand and interest for bitcoin have exaggerated considerably. Ook, the bitcoin worth here is much above the international value.”
BitKan, that began providing over-the-counter commercialism earlier this year, noted Bitcoin’s massive potential in India, stating that the country will represent a remarkable market. BitKan, a Shenzhen-based bitcoin startup, provides associate all-in-one application with time period news feeds, worth watching and alerts, similarly as a bitcoin wallet. BitKan’s over-the-counter commercialism platform supports fifteen currencies such as INR, USD, CNY and RUB. The corporate raised $1.6 million from bitcoin mining large Bitmain back in April.
As India tries to trammel on corruption and black cash, the announcement in november that giant notes were now not tender, exaggerated sales volume for bitcoin on many exchanges. Queries for bitcoins went up by twenty percent to thirty percent within the days that followed the news, in keeping with ZebPay, India’s Bitcoin exchange platform.
Saurabh Agrawal, chief executive officer of Zebpay said:
“People who never talked regarding bitcoins called me. Money firms additionally need to take a position in bitcoin. That is an enormous modification in an exceedingly country where bitcoins have not begun.”


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Jollibee Foods Corp. (JFC) along with all of its food and restaurant brands in the country has begun piloting an interactive mobile ordering system via chatbot, with a seamless payment experience powered by PayMaya.
Customers in select areas can now use their credit, debit, or prepaid cards as well as their PayMaya e-wallet accounts to pay for their favorite food items and meals via the Facebook Messenger channels of Jollibee, Burger King, Chowking, Mang Inasal, and Red Ribbon — which are all currently running on beta version. This will soon be available in the Facebook messenger of Greenwich as well.
All they need to do is type “#order” and send this to the Facebook chatbot of their favorite JFC restaurant, select the meal they’d like to order, and pay by selecting their preferred cashless payment option.
Customers can get up to 100% cashback when they pay using their PayMaya registered mobile number upon ordering via chatbot with a minimum spend of P500.
“As we implement more stringent safety measures in this ‘new normal’, the availability of PayMaya’s cashless payments solutions helps ensure that both our customers and frontliner workers are protected, while at the same time giving them a more joyful experience when they order their favorite food from any of our brands,” said Francis Flores, Jollibee Global Brand CMO, JFC Philippines country business group and concurrent Jollibee PH marketing head.
Offering cashless payment options via the Facebook chatbot is just the next step in the partnership between PayMaya and JFC. In 2019, this partnership also helped pave the way for the launch of digital payments through self-ordering kiosks in Jollibee, Burger King and Chowking stores via the One by PayMaya Point-Of-Sale Device, and now has expanded its cashless payment option in 300 Jollibee stores.
“Over the past months we’ve seen an acceleration in the evolution of ‘conversational commerce’, with businesses and entrepreneurs harnessing their networks through chat apps to continue selling their products. During this time, businesses like JFC’s brands need to be present where their customers are, and today most of the customers are online–so offering a wide variety of digital payment options ensures a safe and seamless ability for them to meet their business and customer needs,” Shailesh Baidwan, president, PayMaya.


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Kate Moss is a style icon. That fact was cemented years ago when she became one of the world’s biggest supermodels, alongside Naomi Campbell in the ’90s.
To this day, which happens to be her 44th birthday, the legendary Brit holds influence in the fashion world. That said, in celebration of Moss on her special day, FN is taking a look at some of the model’s boldest looks through the years.
Throwing it back to 1993, the cover girl stepped out with Campbell for the British Designer of the Year Awards wearing a lavish oversized fur-trim coat with a miniskirt, a white top and black patent multicolored brogue-inspired platforms featuring lace-up detailing.
At a book signing in 1995, Moss rocked bright rainbow tie-dye pointed Mary Jane heels with light blue shiny pants and a slinky black tank top.
For the Met Gala in 2009, the Calvin Klein model accompanied designer Marc Jacobs, wearing a shimmering gold dress with a matching headpiece and platform stilettos.
Attending a film premiere party in 2014, the mom of one sported a pale pink polka-dot satin pajama-inspired two-piece ensemble featuring a statement-making feather-trim collar. Completing the look were a black turtleneck, drop earrings, sultry black sandals and a small black clutch.
A year later, in 2015, the English model — who was discovered at JFK in 1988 at the age of 14 — was spotted rocking an oversized multicolored fur coat with leather pants, black sheer stockings and sky-high black platform sandals.
Finally, this past fall at the Kimono Roboto exhibition opening in Tokyo, Japan, Moss (who is now appearing in the Stuart Weitzman spring ad campaign) wore a tailed menswear-inspired black suit with black leather platform lace-up booties.
For more of Kate Moss’ style through the years, check out this gallery.
How Gigi Hadid and Kate Moss Are Making Fashion History With the New Stuart Weitzman Campaign
Kate Moss, Cara Delevingne and More In the Front Row at London Fashion Week
Kate Moss Is a Fan of This Up-and-Coming Shoe Label


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British retailer Topshop is set to open its second largest store in the world with its new location in New York City. Situated on the world-famous fashion corridor of Fifth Avenue and adjacent to the legendary Rockerfeller Center, the new store will offer 40,000 square feet of retail space across four storeys.
With three floors being occupied by Topshop and the basement level reserved for Topman, the store expects to receive more than 300 new pieces each week, including the seasonal runway collection Unique, limited collection line Boutique, and all the designer collaborations. To celebrate the launch, Topman is offering 80 exclusive pieces available only from the Fifth Avenue flagship location including a denim collaboration with American denim mill Cone.
The new Topshop, located at 608 Fifth Ave., will open tomorrow, Nov 5.


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War of the Words
The rhetoric in the battle for Yahoo just got a little more personal.
If he is successful in electing his slate of directors to the Yahoo board this summer, billionaire investor Carl Icahn says he will seek to remove Yahoo co-founder and CEO Jerry Yang, according to the Wall Street Journal.
Of course, this is not exactly a surprise. Icahn made clear his disapproval of Yahoo's conduct before, irked in particular by the way that Yahoo rejected a buyout bid from Microsoft earlier this year. In launching his bid to replace the entire Yahoo board with a slate of his choosing, Icahn wrote a brief letter to Yahoo in which he called the board's actions in dealing with Microsoft "irrational," "irresponsible" and "unconscionable."
Icahn has acquired a significant stake in Yahoo and is seeking to take control of the Yahoo board and lure Microsoft back to buy the company. He is counting on the disgruntlement of other shareholders, who watched as the Yahoo board resisted Microsoft's $33-a-share bid, a large potential premium over the $19 shares were selling for before the offer.
In response to Icahn's statement, Yahoo issued a statement, reiterating its position that it gave the Microsoft offer fair consideration.
"Yahoo's Board of Directors including Jerry Yang, has been crystal clear that it would consider any proposal by Microsoft that was in the best interests of its shareholders," it said. "To that end, Yahoo has engaged in extensive discussions with Microsoft over the last several months, culminating in Microsoft's decision not to pursue an acquisition of Yahoo! Mr. Icahn's assertions ignore this clear factual record.
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According to a new GfK report, FIFA 21 was the best-selling boxed game throughout the majority of European countries in 2020.
This report covers physical game sales in Belgium, Austria, Denmark, Czech Republic, France, Finland, Germany, Italy, Hungary, Netherlands, Russia, Poland, Portugal, Spain, Slovakia, Sweden, Switzerland, and the UK.
The data shows that FIFA 21 was the best-selling boxed game with retailers in at least 16 of the 19 countries that were surveyed. The UK, Spain, and Italy were just three countries where the game outsold all other titles at retail.
The exceptions include Russia, where The Last Of Us Part 2 has become the best-selling boxed game for the year. This is hardly surprising given the title’s popularity, though it is uncommon for a survival horror game to outsell a mainstream sports title.
In Finland, Minecraft was the best-selling boxed game. Again, this isn’t that surprising. Finally, in France Animal Crossing: New Horizons outsold all other titles at retail. Considering that the game was the best-selling title for a large portion of 2020’s weekly sales charts in both the UK and US, this is also unsurprising.
FIFA has owned the European market for a number of years. In 2017, 2018, and 2019 the franchise topped European sales charts as the best-selling entry.
However, Nintendo managed to hold onto both second and third place in terms of the best-selling games in the region. Animal Crossing: New Horizons was the second best-seller, and Mario Kart 8 Deluxe was the third best-seller.
Mario Kart 8 Deluxe continues to sell better each year after the Switch’s launch. The game is bundled with Switch hardware, meaning almost every console sold comes with a copy of the game, further boosting sales.
Given just how popular Animal Crossing: New Horizons has been over the past year with the pandemic, it’s almost surprising that the game didn’t outsell FIFA 21.
Interestingly, both Minecraft and Grand Theft Auto 5, two games that have been out for years now, have managed to stick around among the best-sellers for the year. This is incredibly impressive and shows that consumers still value the titles even if most of their content can be consumed through YouTube or Twitch today.


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Recovery helps Omnicom beat estimates with 15% rise
NEW YORK - Omnicom Group, owner of advertising agencies BBDO Worldwide and the media buyer PHD, has said that profit rose by 15% over the last quarter to $206.1m as its agencies started to reap the rewards of the ad recovery.
Analysts had been forecasting an earnings per share figure of $1.07, but Omnicom beat this by delivering $1.10. This compares with 96 cents for the same period last year.
The company, which breaks down revenues into "domestic" and "international" said that there was a 13% rise in revenues outside the US to $1.1bn, up from $967.3m during the same quarter last year, with US revenues rising by 12% to $1.2bn.
The company, headed by president and CEO John Wren, is due to unveil further details about its second quarter performance at a press conference later today.
Omnicom also owns the ad agencies, DDB Worldwide and TBWA\, and the media agency, OMD.
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Reinventing processed carbohydrates such as pasta as a healthier, higher fibre option is now possible thanks to Ulrick & Short, the leading British-owned clean label ingredient specialist and its new range of scilia fibres
Enhancing the nutritional profile of carbohydrates will help to convince consumers that they are not the dieter’s enemy.
Ulrick & Short’s scilia range of soluble and insoluble fibres is perfectly suited to binding water to different degrees, thus meeting the requirements for numerous different food processing applications.
As fibres are highly insoluble, the biggest challenge has been to effectively incorporate these ingredients into the applications that will benefit – as a result, a small percentage increase in fibre content is sufficient to underpin claims of high-fibre or simply increased fibre content.
Ulrick & Short has achieved an impressive level of 4.5% added fibre content in pasta with no detriment to taste, texture and mouthfeel — against a base claim level of 3% — and is building on its team’s expertise to attain a high fibre claim of 6%.
Ulrick & Short R&D Manager, Danni Schroeter, explained: “Enhancing the nutritional profile of foodstuffs such as pasta is challenging enough — but we also need to ensure that our solutions are equally as deliverable on the factory floor as they are in our technologically focused development kitchens."
"We have achieved this with significant nutritional claim potential on pasta lines, but this claim offers even more massive potential in conjunction with our other revolutionary ingredients.”
For example, the company’s new sugar displacement product, avanté, enables manufacturers to reduce sugar by up to 30% in savoury sauces and ready meals – the perfect complement to increased-fibre pasta for big-picture ready meal and QSR (Quick Service Restaurant) offerings.
Ulrick & Short’s ingredients enhance flavours and spices rather than mask them, providing an improved taste experience for the consumer.
Coupled with other solutions such as fat replacers, proteins and fibres, food manufacturers have everything they need to provide consumers with healthier alternatives to their favourite foods.
Ulrick & Short is the leading British-owned starch specialist, supplying household name food manufacturers across the world with naturally gluten-free non-GM ingredients, and innovating across a diverse range of food industry sectors including bakery, meat, dairy, soups and sauces.
The company has a team of dedicated sector specialists and food technologists based in Yorkshire and works hand in hand with customers to maximise value from product development.


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Digital Ally (DGLY) stock has soared over 386 percent amid calls for cops to wear body cameras following the Ferguson, Mo. police officer shooting of an unarmed teenager. DGLY took advantage of an unbelievable run in the stock for a small raise, a heady but ridiculous action in light of how short DGLY falls below the industry leaders.
We’ve seen this movie before and we know there is absolutely no justification for the stock’s crazy run from about $3.80 in one astonishing month to today’s nearly $20.
Here are TheStreetSweeper’s top reasons we believe this DGLY movie will end badly:
- National interest is in police body cameras, not DGLY’s old technology.
The old dash cameras – DGLY’s key product – are not even part of the national conversation.
"The recent emergence of body-worn cameras has already had an impact on policing, and this impact will only increase as more agencies adopt this technology,'' said Chuck Wexler, executive director of the Police Executive Research Forum, author of a recent report on the use of police body cameras.
Yet, the in-car video recording system constitutes 90 percent of DGLY’s already falling revenue and rising operating losses of about $1 million.
- Old technology = falling revenue.
DGLY’s in-car video revenue will likely continue to erode due to superior, cheaper body cameras offered by well-known vendors such as stun-gun maker Taser International (TASR), a profitable company up 43 percent since Ferguson to $17 plus change.
CNBC’s Jim Cramer said police wearable video will likely become the new normal and that market is owned by Taser.
Wearable cameras provide superior video footage that provides up-close and point-of-view, non-tamper recording compared with in-car video.
Indeed, DGLY’s old technology is clearly already feeling the pressure. Describing the company’s decline in gross profit, its last quarterly filing said:
“However, we are experiencing increased price competition and pressure from certain of our competitors that has led to pricing discounts on larger contract opportunities. We expect that this pricing pressure will continue as our competitors attempt to regain market share and revive sales and that it will have some negative impact on our efforts to improve gross margins during 2014.”
- Police wearable video is highly competitive, so we believe, DGLY is already too far behind.
The money-losing DGLY doesn’t even make the rankings in a Google search for “police body worn camera.”
Here’s a sampling of what investors will see:
- Taser (TASR)
- Martel digital
- Taser product superior to DGLY’s body cam.
*DGLY product is chest-level mount. TASR eye-level mount prevents view from being blocked by officer’s arm when shooting.
*TASR is price leader, more attractive purchasing plans, profits from subscription services.
*TASR AXON Flex is $599, AXON Body is $399. Offers $50/month ongoing maintenance, 3-year replacement and Evidence.com subscription. Yet DGLY FirstVue price is $900.
*DGLY intends to introduce a bullet camera that is not new, as evidenced by a simple search for “helmet camera” or “glasses camera.” Its weak brand, combined with a tiny sales force will get the DGYLY product shot down by police tech suppliers such as TASR.
- DGLY pales in key cloud video management solutions compared to TASR. The complexity involved is described by New York Police Commissioner William Bratton in the Wall Street Journal:
"This is an extraordinarily complex initiative. It is not simply going down to your local RadioShack, buying one of these things, and putting it on," Mr. Bratton said. "The storage issue is phenomenal."
TASR’s Evidence.com gives TASR the edge as it also profits from subscription services. The feature offers third-party storage, security, powerful video search and scanning, all elements important in court evidence. Yet DGLY requires local data storage, requiring scarce police department IT personnel’s management of voluminous video data.
- DGLY stock at about $19.50 is not sustainable. As excitement wanes, TheStreetSweeper believes the horrible fundamentals will set in and investors will have to pull out the handkerchief as this movie winds to a close.
Here’s are some financial highlights:
*Continuing drop in earnings per share over two years. A 99 cent loss prior year turned into a current $1.14 loss.
*Net income collapsed by 1376 percent versus last year, or from minus $.07 million versus current minus $.99 million.
*Return on equity significantly down at -64 percent, well below industry.
*Net operating cash flow dropped to minus $.6 million, nearly 500 percent.
* Important Disclosure: The owners of TheStreetSweeper hold a short position in DGLY and stand to profit on any future declines in the stock price.
- Editor's Note: As a matter of policy, TheStreetSweeper prohibits members of its editorial team from taking financial positions in the companies that they cover. To contact Sonya Colberg, the author of this story, please send an email to [email protected].


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Jersey Mike’s Subs, known for its authentic fresh sliced/fresh grilled subs, continued its strong growth in 2015, opening 197 new locations around the country and exceeding the 1,000-unit mark.
Following its successful recipe of deliberate, well-considered expansion, Jersey Mike’s has more than doubled in size in just three years. Started in 1956, the sub chain expects to double in size again by 2019.
“While we’ve seen another year of substantial growth, we remain focused on the right growth—finding franchise partners who are excellent operators and share our passion for serving a ‘sub above,’” says Hoyt Jones, president, Jersey Mike’s Franchise Systems.
In 2015, Jersey Mike’s continued attracting experienced franchisees, awarding 97 territories representing nearly 200 restaurants. More than 70 percent of the territories awarded went to existing owners, the first time that multiunit operators outnumbered single-unit franchisees in the Jersey Mike’s system. New territories, including Mobile, Alabama, Grand Rapids, Michigan, and Albany, New York, came on board.
Jersey Mike’s also continued seeing success with its nontraditional development strategy, awarding and opening its first casino location at the popular Mohegan Sun in Connecticut. The company also opened several university sites on New Jersey campuses. Additionally, in the first half of 2016, Jersey Mike’s expects to open at Orlando International Airport, which joins other travel sites including Newark Liberty International Airport in New Jersey, McCarran International Airport in Las Vegas, Hartsfield-Jackson Atlanta International Airport, and Amtrak’s 30th Street Station in Philadelphia.
The growth is fueled by passionate Jersey Mike’s fans who crave their subs made Mike’s Way with the freshest vegetables—onions, lettuce, and tomatoes—topped off with an exquisite zing of “the juice,” red wine vinegar and olive oil blended to perfection. Jersey Mike’s premium meats and cheeses are sliced on the spot, piled high on in-store baked bread, and served up with a helping of neighborly banter from a dedicated and high-energy team.
CEO Peter Cancro started the company at age 17, before he was even legally able to slice a sub. The company remains committed to making a difference in the communities it serves. Since 2010, Jersey Mike’s locations throughout the country have raised nearly $14 million for worthy local charities and have distributed more than 1.5 million free sub sandwiches to help numerous causes. In 2015, the company’s Fifth Annual Jersey Mike’s Month of Giving in March raised more than $3 million for 150 local charities throughout the country.
Jersey Mike’s, a fast-casual sub sandwich franchise with more than 1,500 locations open and under development nationwide, believes that making a sub sandwich and making a difference can be one and the same. Jersey Mike’s offers A Sub Above, serving authentic fresh sliced subs on freshly baked bread—the same recipe it started with in 1956—and is passionate about giving back to its local communities.


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Tag Archives: Veritas Technologies
Consumers Vow to Punish Businesses that Fail to Safeguard Their Data and Reward Those that Put Data Protection First
New findings from a global research study by¬†Veritas Technologies, a leader in multi-cloud data management, reveal that consumers have little trust in organizations to safeguard their personal data. With more and more companies suffering data breaches and hackers seemingly one step ahead, almost one in five (19 percent) consumers in the UAE believe most businesses don’t know how to protect their personal data.
New software-defined storage innovations enable and optimize machine learning intelligence to help customers extract more value from their data by making it proactive, predictive and actionable


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December 6, 2018
The Food and Drug Administration (FDA) will examine samples of "lambanog" or coconut wine which recently caused the death of eight and leaving 15 hospitalized in separate cases in Quezon City and Laguna.
Health Undersecretary Enrique Domingo said the FDA is trying to secure a sample of the coconut wine, which the four tricycle drivers from Quezon City drank before they experienced pain.
Domingo said manufacturers of coconut wine should submit their products to the FDA for testing.
In Novaliches, Quezon City, 17 persons drank a total of six liters of lambanog allegedly bought from a neighbor. Seven persons in Santa Raza, Laguna consumed a brand of the coconut wine. Cristina Eloisa Baclig/DMS
- Stock index, peso close higher
- Award-winning documentary, Yield, shown at TIU Theater.
- Boracay reopens, gov’t imposes limits on use of island resort
- Bettors from Eastern Samar, Albay share P1.18 billion lotto prize
- Ultra Lotto 5/68 draw balloons to over P1.1-billion
- Inflation surges higher to 6.7 percent in September: PSA
- Japan troops, armor back Ph, US forces in Luzon exercise


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By Chris Melchin / May 10th, 2019
Arc System Works has announced the release date for the upcoming new characters and balance patch for BlazBlue Cross Tag Battle. The characters – revealed at EVO 2018 – and the update – revealed in February – will be releasing on home consoles and PC on May 21 as version 1.5, updating the home version to the same as the recently-released arcade version.
The new characters are BlazBlue Centralfiction’s Naoto Kurogane, Persona 4’s Teddie, Under Night In-Birth’s Seth, and Arcana Heart’s Heart Aino. The characters, making up Character Pack 7, will be included with the Deluxe Edition and the All-in-One DLC bundle, meaning that anyone who owns either will get the new characters for free when the game updates to the new version. For those who don’t already have the other DLC, the pack will be available on its own for $9.99 USD. The pack will also be free for anyone who already owns all six previous packs individually, according to an announcement on the game’s Steam forum.
Full details on the release or full patch notes can be found on the Arc System Works site. You can find our review of BlazBlue Cross Tag Battle, back from when it first released, here.
Arc System WorksArc System Works Americaarcana heartBlazblueBlazBlue Cross Tag BattlePersona 4 ArenaRWBYUnder Night In-Birth


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Maybe you remember the FBI-Apple scandal related to the San Bernadino terrorist. The FBI wanted to check the information from the terrorist’s iPhone 5C, but it needed Apple to unblock it.
Apple said they can not help because iOS can’t be hacked, and neither them can do anything. The FBI found some hackers in Israel who have been able to crack the security on iOS, so they accessed the San Bernadino terrorist’s iPhone without problems.
The Cupertino-based tech giant didn’t agree with this situation and asked the FBI to tell them how they hacked their operating system. The FBI said no. Apple demanded in court that FBI should turn the device to them because it’s their property, but judges didn’t even want to hear about it. They rejected Apple’s request. Meanwhile, some devices that can unlock iPhones have come up on the market, like the GreyKey Box which is getting bought by many of US agencies and police departments.
Of course, Apple couldn’t let this go by and worked on their own schemes. The company has created a feature that allows the iOS to disable any USB data transmission if the device is not unlocked by the user for 7 days. Seven days later, the Lightning port on the iPhone becomes almost useless. Recharging the device will still be possible, but the phone will not send any data to another electronic device. The data transfer capabilities will be enabled instantly if the rightful owner is unlocking it the usual way. So users don’t have to worry if they go on vacation and they forget they iPhone at home for more than a week.
Thus, any device that will connect to your iPhone, after 7 days, will not be able to access the software on that device at all. This should make it harder for US authorities, who usually need time to get warrants to “crack” the phones of the “suspects”.
However, Apple will have to find a way to make the iPhone no longer send any information by any other means, because GreyKey makes devices that can unlock the iPhones wirelessly.


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Sfermion, an NFT investment firm, has raised $100 million in funding from a number of prominent institutional investors and venture capital firms. Some of the participants include the Winklevoss twins, Marc Andreessen, Alan Howard, and Digital Currency Group (DCG).
Accelerating the Metaverse’s Emergence
According to a press release, Sfermion has completed its second fundraising round, dubbed Fund II. The $100 million will be used to capitalize on Facebook’s craze for the Metaverse – a decentralized virtual reality world where users can interact socially and economically.
So happy to announce that we raised $100m to back incredible mission-driven founders building in the NFT space
Since our launch in 2019, we have been solely focused on the NFT ecosystem with our guiding thesis that NFTs enable a true metaverse to formhttps://t.co/7rhWFivBb5
— Andrew Steinwold (@AndrewSteinwold) November 1, 2021
The new fund’s mission, according to Sfermion, will be to “accelerate the emergence of an open, decentralized metaverse by investing in the infrastructure that will be the foundation of our digital future.”
Andrew Steinwold founded Sfermion in 2019 as an investment firm focused on innovative projects in the NFT ecosystem. Their new goal is to help accelerate the emergence of the metaverse, which is thought to be the “next big thing” after the internet’s emergence in the late 1990s.
Having been focused on the NFT markets since 2019, it has been incredible to see our thesis that NFTs were the critical missing piece of technology required for the metaverse to come to fruition come to fruition. We established this fund with the belief that NFTs are the Trojan horse for crypto mass adoption and the next multi-trillion-dollar industry.” – reads the press release.
Facebook is kicking off the Metaverse.
Mark Zuckerberg announced a week ago that its corporation had been renamed Meta, transforming his social media empire into a fully digital metaverse organization. The crypto community was divided by the news, as it does not trust Facebook to build a massive virtual ecosystem, given the company’s practices with users’ private data and the spread of misinformation.
Shortly after Zuckerberg’s announcement, metaverse currencies such as Decentraland (MANA) skyrocketed 400 percent, reaching an all-time high of $4.16 on Saturday evening and currently trading at $2.94 at press time. The idea of interoperable virtual worlds, which allow users to interact with other digital landscapes, is thought to be driving the price increase. Other currencies, such as Sandbox (SAND) and Star Atlas (ATLAS), saw price increases of 23% and 22%, respectively.


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With the recent reveals of PlayStation Productions, Sony’s partnership with Microsoft and the imminent (hopefully) reveal of the PlayStation 5, it seems like Sony’s posed to take over the world.
You can now add ‘Virtual Reality pants’ to Sony’s accolades, because it seems as though the tech giant is planning to tick that off its list of accomplishments.
The “glove envelopes said finger of the user that contacts the user interface device, and the haptic response processing module uses the haptic profile to impart changes to the haptic feedback based on a type of interaction detected,” says the patent.
In fewer words than that, it’s a glove that’ll provide feedback or react when you make contact with a virtual object. It’ll allow you to feel virtual items or weapons that you might pick up, potentially like the weapon in the image above, which is pretty cool.
The patent doesn’t make clear whether the glove would be compatible with PSVR as it stands now, or if it’ll be integrated with the PlayStation 5.
It looks like it’s going to be one heck of a tech piece though, as the patent covers the potential use of compressed gas, liquid, an electric motor, and a heating/cooling element just to name a few.
The hope is to create something that’ll allow you to sense the size and weight of a virtual object for an unparalleled immersive experience.
The glove will also have a “response to being held, a response to being moved, a response to being crushed, a response to being tossed, a response to being dropped, a response to being felt, a response to being rubbed, a response to being squeezed, a response to being pressed.”
GamesRadar notes that the patent, which focuses mostly on the VR glove, does include a very interesting line of text that suggests Sony has more up its sleeve.
The line in question hints that the technology behind the glove could also be used for “an article of clothing capable of being worn by a user such as… a hat, footwear, pants or shirt.”
It’s a very strange thing to say if the plan were to end with just a glove…
How exactly a pair of VR pants would work is an entirely different matter. If they’d share the same technology as the glove, does that mean the pants would react to being touched? Maybe it’s just me, but I can only think of a certain type of game where you’d need to feel the weight of something in your lap…
It’ll be interesting to see just what Sony wants to do with this kind of tech.
Featured Image Credit: Pixabay


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Nestle Plans To Invest Rs 5,000 Crore In India By 2025: CEO Mark Schneider
Nestle India has earmarked the investment for setting up new manufacturing plants, expanding the product line-up and acquisitions, CEO Mark Schneider says.
Nestle SA plans to invest Rs 5,000 crore in India by 2025, Chief Executive Officer Mark Schneider said, as the Swiss FMCG major looks to grow its core business in the country and leverage new opportunities.
The capital expenditure is earmarked for setting up new plants, expansion of the product portfolio and acquisitions, Schneider said. Nestle India Ltd., currently operates nine plants across the country. The investment, which would be subject to clearances and approvals, will also aid job creation.
"When you look into the investment in this country and the investment plan through 2025, we are talking about Rs 5,000 crore," Schneider said. "That compares to Rs 8,000 crore over the last 60 years when we started manufacturing in this country."
Nestle has been in India for over 100 years but started manufacturing locally in the early 1960s, he said.
"In 1961, we started our first manufacturing site and so in that whole time period, it has been Rs 8,000 crore. Now in the next three years, it will be Rs 5,000 crore."
This investment is not only for accelerating and ramping up capex alone but also goes into a whole lot of development works, brand building and meaningful contributions on the ground, Schneider said.
Nestle India Chairman and Managing Director Suresh Narayanan said that accelerating the core business of the company would be a focus area.
"It is definitely a highly accelerated plan that we are looking at. This has three pivots' such as continuing the strong momentum of growth that the company has in last 22 quarters," he said. The second part is to do it sustainably, and Nestle has taken "significant steps" in that direction.
"And the third part is really to leverage new opportunities for growth, whether it is plant-based proteins, healthy ageing, healthy snacking, leveraging some of the Indian grains into products for the company."
Schneider said Nestle India's business has maintained "consistency at very high levels" for 22 quarters, which is "outstanding" and "truly stunning" and is a complete willingness for "open cheque book" support every step of the way. The investment would be on organic growth such as capex and putting money into facilities such as existing factories or research centres.
"On top of that, if we see interesting opportunities for M&A, we will be very happy to explore those," he said.
The investment is going to be secular across categories, Narayanan said. "It is not going to be in particular categories...probably we are looking at new locations for factories as well. It could be a big part of the ambition that has as a company."
"The ambition to invest Rs 5,000 crore would have been a significant increase in the direct and indirect employment as well," he said.
Nestle India's revenue stood at Rs 14,709.41 crore in 2021. It had last invested around Rs 700 crore to open its plant at Sanand, Gujarat, to manufacture a range of its popular instant noodles Maggi.


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Dossa works on the custom formulas.
Zahir Dossa ’08, MEng ’10, PhD ’13 has a new look—long, luxurious hair in the name of research. “It’s important to see how others experience the product. My buzz cut wasn’t great for that” he says. Dossa is the co-founder of Function of Beauty, a hair care company with a unique proposition—custom formulas for each customer. Dossa launched the company in 2015 with Josh Maciejewski ’07, SM ’08 and chemist Hien Nguyen.
For Dossa, a 2010 Soros Fellow, the path to the beauty industry started in the service sector. As an undergrad, he launched Selsabila, an organization that provided treadle-powered water pumps to farmers in Sudan. When a colleague learned about Dossa’s success with the venture, he invited him to Morocco to devise solutions for farmers in that country. Dossa helped establish a co-op for farmers of Morocco’s endemic argan tree, which produces oil popular in food and beauty products. From that co-op came haircare company, The Argan Tree, where Dossa found success. When large chains like Whole Foods approached him to distribute the product, he knew it was time to pivot. “We had always focused on selling directly to customers,” he says. “When we saw the only way to grow was to move away from that, the idea for Function of Beauty emerged.”
For his new venture, Dossa wanted to keep some aspects of The Argan Tree, like selling directly to customers. But he also wanted mix things up—literally. “We would always ask The Argan Tree customers how we could improve the product. We would get so many different answers for what made the perfect shampoo,” he says. To build a custom product, Function of Beauty asks customers to take an online quiz where they can share their hair type, hair goals, and even the preferred color of the shampoo and conditioner formula. Function of Beauty then builds the custom formula for each customer and prints their name on the bottle. Based on the quiz, there are 12 billion possible combinations.
How does a company that has yet to repeat a formula stay in production? That’s where Maciejeswki comes in. “We knew we wanted to get a precise amount of ingredients for each formula, we just had to figure out how to get that in the bottle,” he says. Maciejeswki was tasked with devising a production line capable of creating one-off combinations. The results sounds a little like Willy Wonka’s Chocolate Factory. “Imagine 100 different ingredient tanks with pumps attached to each tank. A computer tells each tank how much to put in the bottle,” he explains.
Dossa credits MIT-style problem solving with finding the right production vehicle. “If you were to talk to most MIT kids about the production they would say, ‘That makes sense.’ But if you talked to most beauty industry people they wouldn’t think this was possible,” he explains.
Dossa says the one-of-a-kind products have been a hit. “People love everything right down having their name on the bottle,” he says. But with 12 billion combinations possible, there is a small chance for overlap among customer formulas. Dossa says he’s ready for it. “I’ve got an alert set up for it. It would be neat to link those two people up as a beauty twin,” he says.


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Kenya joins the rest of the globe to mark this year’s #WorldElephantDay under the theme; Bringing the world together to help elephants. We are committed to securing a future for elephants and their habitats in peaceful co-existence with communities.
Happy World Elephant Day 🐘
A day to spread awareness on the importance of conserving these gentle giants.
Elephants are emotional & intelligent species with feelings, compassion and self-awareness.
The Mt.Kenya Photography Exhibition gallery will be open to the public for the next one month at the National Museums of Kenya.
Visit and purchase a photo as we raise funds to preserve the Mt.Kenya.
Congratulations to all! the Best @kwskenya Performing Parks, Reserves, Stations, Anti-Poaching Formation and employees, in recognition for exemplary work performance, commitment and dedication to duty in wildlife conservation. #WorldRangersDay2022#BraveryBeyondExpectation
Kama tujuavyo, samaki mkunje angali mbichi. Ni jukumu letu kama jamii kukuza mazingira ambayo Kiswahili kinatumika mara kwa mara majumbani mwetu, hivyo basi, kuchangia pakubwa katika utumiaji wa Kiswahili sanifu kutoka mwana anapokua mchanga hadi kubaleghe.
Jioni ya leo nimeungana na mwenzangu, Waziri Wizara ya Michezo, Utamaduni na Turathi, Bi. @AMB_A_Mohammed, @museumsofkenya kusherehekea siku ya Kiswahili.
Ni jambo la kihistoria kuwa Kiswahili ndio lugha ya pekee ya Kiafrika kutambuliwa na Umoja wa Mataifa. #SikuYaKiswahili 🌍x
On the 6th of July, join us for an exclusive film launch from Northern Kenya, followed by a high level discussion on Elephants, Biodiversity, & Climate change.
Register here us06web.zoom.us/webinar/regist…
Time: 3pm EAT.
See poster for details.
We all rely on the ocean, which covers two-thirds of our planet, to regulate our climate, provide us with food, medicine, energy and even the very air we breathe - Without a healthy ocean, there is no life on Earth. #SaveOurOcean
It is a great pleasure gracing the Kenya Utalii College 46th graduation ceremony today. This is another huge milestone not only for the College but for the tourism and hospitality industry. @KenyaUtalii#Utalii46thGraduation
Today we’re at Vipingo Ridge celebrating the tallest animal in the world, the Giraffe. #WorldGiraffeDay is set on 21st June because it is the longest day of the year on the northern hemisphere.
Panel discussion on Future Tourism Forum #UNWTOEC 🌐:
Tourism sector should embrace innovative financing and sustainability models such as carbon credit Programmes, Payment for Ecosystem Services (PES), CESS fees and Green Bonds to finance the sector.b
1/5 First Lady Margaret Kenyatta has assured of her commitment to supporting efforts geared towards conserving and protecting pangolins, which are some of the most endangered animals in the world today. @Min_TourismKE@PangolinProject@kwskenya
Read more: bit.ly/3xbv1qu
Waking up to exciting & great News!
An elephant from Aberdare N.Park just gave birth to twins
Did you know that an elephant birthing twins is an extremely rare occurrence?
Elephants are a keystone species, playing an important role in maintaining biodiversity of the ecosystems
All set for the 116th Session of The Executive Council Of The World Tourism Organisation (@UNWTO) in Jeddah, Saudi Arabia.
Tourism is about People, jobs, sustainability, innovation and investment.
#UNWTOEC 🌐#MagicalKenyaa 🇰rU0
I joined my counterpart H.E. @AhmedAlKhateeb, Minister of Tourism, Kingdom of Saudi Arabia 🇸🇦 and Zura@pololikashvilili, Secretary-Genera@UNWTOTO, on the eve of the UNWTO Executive Council - 116th session, in Jeddah#UNWTOECEHD
Today we celebrate World Environment day under the theme #OnlyOneEarth, highlighting the need to live sustainably in harmony with nature by bringing transformative changes – through policies and our choices – towards greener lifestyles.
I’m attending IMEX Frankfurt, in Germany. The world's meetings industry exhibits at IMEX Frankfurt every year, allowing the industry to network with over 5,100 Global decision-makers with qualified business tourism purchasing power. #IMEX22#meetinKenya#MagicalKenya 🇰�CQ
Our African continent is home to 1.3 billion people. We can and should develop an open sky policy for East Africa, followed by the rest of Africa. Warm greetings on #AfricaDay2022, may we always understand the value of independence and how to manage it responsibly.
The @Min_TourismKE has today launched the New Tourism Strategy (2021-2025) that will focus on 4 pillars; improving Kenya’s tourism brand, marketing at international and domestic levels, product development & diversification and sustainable tourism development.
Today at the launch of the new Tourism Strategy (2021-2025) led by the @Min_TourismKE The tourism strategy will focus on 4 pillars; brand development, international and domestic markets, product development and diversification and sustainable tourism development
1/2 The new vision Strategy for Kenya’s Tourism has officially been launched! It highlights five key pillars that will guide the marketing of experiences and tourism products in Kenya. #ExperienceKenya#MagicalKenya 🇰�E6
The pandemic adversely affected the tourism industry, therefore, there was a need to restrategise in order to regrow and reshape our tourism ecosystem in a smart way that will ensure continued resilience and sustainability of the sector. #ExperienceKenya#MagicalKenya 🇰�e5
This evening, we are launching the new vision for Kenya’s tourism sector, we shall be setting in motion a new way of working in the tourism sector through adding value to tourism products well as marketing and managing them. #ExperienceKenya#MagicalKenya 🇰�Am


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By Kate Jackman-Atkinson, Editor, myWestman.ca
NEEPAWA, Man. — Over the next decade, it’s estimated that about $1.5 trillion worth of business assets will change hands in Canada. The success or failure of this transfer will have a huge impact on Canada’s economy and I’m not convinced we’ve done all we can to prepare.
We knew the day would come when Canada’s ageing baby boomer entrepreneurs would look towards transitioning out of their businesses and towards retirement. According to data from 2014, about half of both small and medium-sized business owners were between 50 and 64 years of age. When you add the 12 percent of small business owners and 14 percent of medium business owners who are over 65 years of age, it’s easy to see why 72 percent of Canadian business owners plan to exit their companies in the next decade.


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Mumbai. After spending an estimated 300 crore rupees on rebranding exercises, Bharti Airtel has finally managed to convince 53-year-old Ramesh Sawant that a change in logo was indeed needed for the company to “reinvent itself”.
This is the first recorded case of Airtel convincing a consumer about the effectiveness of its logo change, which took place around three weeks ago and is supposed to give the company a more “youthful” and “international” appeal.
“It makes perfect sense to me,” Ramesh Sawant declared in a press conference called by Airtel to reinforce its new brand identity, “When I was a kid, I used to write ‘a’ in the same manner as the new logo does; no doubt it’s more youthful.”
Ramesh, who wore an Airtel t-shirt sporting the new logo, also justified writing the brand name in lower case as being a sign of youthfulness, because the new generation hardly followed proper punctuation or capitalization in grammar. In fact, he suggested ‘Airtel’ to be written in SMS language as ‘artl’ to convey uber-youthfulness.
“Yes, a lower case logo also represents humility,” Ramesh agreed and nodded as Airtel CEO Sanjay Kapoor interjected at that point with the official explanation for the lower case letters in the “new and improved” logo.
“Guddu,” was the response of Ramesh when asked what name he would like to give to the new symbol of Airtel after which the press conference was called off.
Ramesh Sawant is the first person not connected with Bharti Airtel who has publicly praised the new logo, which has often been described as a result of one-night stand between Vodafone and Videocon logos by many.
Before Ramesh, a person called Sanjeev Kullar too had praised Bharti Airtel for the new logo, but investigations into his claims later revealed that he was a crockery shop owner and had won contract for manufacturing mugs and saucers with the new logo imprinted on it to be given as corporate gifts by the company.


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MOILIILI (KHNL) - It's a day that was supposed to be a so-called "Cyber Armageddon". But like Y2K, the computer virus nicknamed the April Fool's Worm, didn't end up causing much chaos after all.
Was it a joke, or part of the hacker's plot? KHNL got some answers from SuperGeeks.
It's a date investigators found in the code of the Conficker worm, one that has SuperGeeks in Moiliili flooded with phone calls from customers, worried the worm will attack their computers. But it appears the feared April 1 doomsday was just a joke. Or was it?
"It could've been that these hackers decided not to do something and they did plan on actually plan on doing some sort of catastrophic event. Or it could've been they never planned on doing anything at all," said Todd Kingman, SuperGeeks Ring Leader.
No worm-infected computers have come into the shop. Some customers did bring their computers in to get them scanned, just to be safe.
Kingman says the Conficker creators can still potentially cause cyber crashes, or hack into personal information, by injecting bogus software, into an infected computer.
"Basically create a message saying your computer is infected, click here and download or pay for this software and it will clean your computer. What they're actually trying to do is take your money and take your credit card information," said Kingman.
To protect your computer, download Windows updates to patch holes the worm could bury itself in, update your anti-virus software, and do a full system scan.
Kingman says the worm is hard to detect, but there are red flags.
"Your computer running slow, being sluggish, pop-ups, maybe errors coming up," he said.
While an April Fool's worm attack didn't pan out, Conficker has infected up to 15 million computers worldwide so far. So the question remains - what are the hackers up to, and why?
There's an easy way to check for the Conficker worm.
It disables your Windows automatic updates, and your anti-virus software.


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Mysterious dogecoin whale sees holdings value plummet by 67% from peak, to $8 billion, amid crypto meltdown
- A far-reaching
cryptomeltdown has led to a 70% decline in dogecoinsince its peak in early May.
- A mysterious whale owns about 28% of the dogecoin supply.
- The value of its holdings had plummeted to $8.2 billion as of Monday from $24 billion in May.
- Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
The mysterious dogecoin whale that owns more than 28% of the circulating supply of the cryptocurrency has seen the value of its holdings decline by 67% from its peak, to $8.2 billion on Monday.
The whale's address owns nearly 37 billion dogecoins, which were worth more than $24 billion in early May. But a far-reaching crypto meltdown has led to a steep decline in the value of the meme-inspired cryptocurrency in recent weeks.
Enthusiasm around dogecoin peaked at about the same time Tesla CEO Elon Musk hosted "Saturday Night Live" and referred to dogecoin in a skit, as many crypto traders had expected. But since then, little has been able to stimulate demand for the cryptocurrency, and 5 billion dogecoins come into existence every year.
One crypto expert has said the dogecoin whale is most likely a cryptocurrency exchange. There has also been speculation that Robinhood is behind the dogecoin address.
Despite the decline in dogecoin, many still see potential for the cryptocurrency to hold utility as a viable form of payment. Several businesses now accept dogecoin, including the NBA's Dallas Mavericks and MLB's Oakland Athletics.
Several people have recently responded to Musk's call to improve dogecoin as a payment. Charles Hoskinson, the creator of Cardano, said that, if improved, dogecoin could have potential for real-world use.
"Dogecoin is a reasonable target for someone to fix it up and make it an interesting cryptocurrency," Hoskinson said in a podcast on Friday. "My hope is that a compromise can be made where real developers come in and they start working on
While the volatility in dogecoin is likely to continue, so too is the resilience of the mysterious dogecoin whale. Despite the 70% decline in dogecoin since its peak, the cryptocurrency is up 4,508% year-to-date.
- A man's cancer vanished after he was injected with a weakened herpes virus in a promising clinical trial
- Airtel 5G launched in eight cities, entire country to be covered by 2024
- 'Quiet quitting' is a bad idea, experts say. Here are 6 things you can do instead to get the same results if you're looking for better work-life balance – or to lighten your workload
- India Inc's foreign commercial borrowings rise by 4.6% in August
- India emerges as the world's largest producer, consumer of sugar
- Scientists find new evidence for liquid water on Mars
- Both GST and Excise duty can be imposed on tobacco: Karnataka HC
- Godrej Consumer Products expects improved consumption in second half of this fiscal


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CLEVELAND - A local rep wants to pour it on when it comes to drinking beer in Ohio.
Lorain state representative Dan Ramos is pushing a bill in Columbus that would lift the amount of alcohol in beer. As it stands right now, the state allows beer to be 12 percent alcohol. Ramos wants that number to nearly double to 21 percent.
"The brewing industry is one of the few sectors that continued to experience growth through the recession. It is time Ohio abandons unnecessary regulations that put us at a competitive disadvantage with other states and do whatever we can to encourage the further growth of these businesses,” Ramos said.
Ramos' office released numbers which said across the country craft brewers account for 108,000. Here just along West 25th Street there are three brewers, two more under construction and a possible sixth one in the works.
“With other higher-proof options already available on Ohio’s store shelves, often at a cheaper cost to the consumer, this archaic government regulation just doesn’t make sense,” said Ramos.
The bill, which does not have a number, is aimed at allowing Ohio-based brewers to design and create new beers which can be brought by people here. Right now, people looking for that alcoholic level have to purchase the beers out of state.
"The more we can grow this and the fewer restrictions in the way of that growth, the more jobs we can create and improve the local economy," said Sam McNulty, owner of the Market Garden Brewery.
McNulty, a supporter of the bill, said his business employees 160. "We are selling a product made right here in Cleveland," he said. "The more we can grow this and the fewer restrictions there are in the way of that growth, the more jobs we can create and improve the local economy," he continued.
We spoke with Mothers Against Drunk Driving and they said they have not taken a position on the bill.
Debbie Rodriguez, CEO of Recovery Resources based in Cleveland, is concerned alcoholic drinkers may not realize how much more alcohol is in their drink.
"A healthy adult drinking legally can drink a beer or two and get behind the wheel of a car and be legal and be able to drive safely. That changes dramatically when the alcohol content in a beer can be up to 21 percent.
"People are not going to know or understand that difference when they are at a party or bar and they have a beer," she said. "Because they were always able to drive safely with two or three beers, they are going to expect the same result," she continued.
The bill was first introduced in 2011 with eight sponsors. It now has 20. Once it is assigned a number it will be referred to the standing House committee for consideration.


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Ohio will begin staggering distribution of food-stamp benefits next month. The change comes at the request of grocers who say stores are swamped at the beginning of each month, creating long lines, shortages of produce and other items, and the need for additional staff.
Ohio will begin staggering distribution of food-stamp benefits next month.
The change comes at the request of grocers who say stores are swamped at the beginning of each month, creating long lines, shortages of produce and other items, and the need for additional staff.
Like many groceries, Buehler’s Fresh Foods in Delaware is busiest the first week of each month when many people receive their paychecks, Social Security benefits or food stamps.
“It affects our labor and inventory tremendously,” said store manager George Wisener. “We want to be able to satisfy each and every customer.”
More than 1.8 million poor Ohioans receive monthly food-stamp benefits — loaded electronically on a card similar to a debit card — between the first and the 10th of each month, although most come near the beginning of that period. Recipients receive an average $117 a month.
Beginning in April, benefits will be spread equally across the first 20 days of the month on even-numbered days by the Ohio Department of Job and Family Services, which administers the federally funded program.
To avoid any disruptions, the new calendar affects only new food-stamp recipients, who randomly will be assigned a date during the 20-day window when they will receive benefits. The day will be the same each month for those people.
“It’s a win for (food-stamp recipients) with a better selection of products and better shopping experience, and the grocer is able to schedule workers” more evenly across the month, said Nate Filler, president of the Ohio Grocers Association.
The U.S. Department of Agriculture has encouraged states to stagger issuance of food stamps, and many have done so, including Indiana and Tennessee.
“The grocers have been asking for this for a long time, and we wanted to be sure there would be no chaotic impact on people already in the system,” said Ben Johnson, spokesman for Job and Family Services.
The concern was that staggering the issuance of benefits would create a gap for people who have been getting food stamps on the first of the month. But state officials say they will avoid the problem by assigning new dates only to new food-stamp recipients.
“Transitioning to a later date can be rough,” said Joel Potts, executive director of the Ohio Job and Family Services Directors’ Association. “If you are already in the program it stays the same.”
But advocates for the poor say they fear current recipients could get caught up in the change.
Lisa Hamler-Fugitt, executive director of the Ohio Association of Second Harvest Foodbanks, said those on food stamps must periodically submit pay stubs or other proof of income. If the information is not turned in or logged by a county caseworker on time, there could be a disruption causing the recipient to be removed from the rolls and re-enrolled, with a new date for receiving benefits.
Someone who had been receiving food stamps on the first of the month could get them as late as the 20th of the following month, she said.
However, Johnson said such instances should be few, because cases typically are not closed until the end of the month and recertification paperwork is considered submitted the day it is received, not the day it is entered into the system by a caseworker.
The change does not affect the amount of benefits. However, it follows a nearly $15-a-month across-the-board cut in benefits in November and after thousands of Ohioans lost food assistance for failing to meet newly enforced work and job-training requirements.


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.phenomenalwoman and livetinted are unveiling a limited-edition gift box in celebration of Diwali, the five-day festival of lights (India’s biggest holiday).
The five-day festival of lights — India’s biggest holiday — begins on Nov. 4.
: a partnership with Live Tinted, created by Deepica Mutyala.The women, both of South Asian descent, are unveiling a limited-edition gift box in celebration of Diwali, the five-day festival of lights (India’s biggest holiday), which begins on Nov. 4.“Now, more than ever, seems like a good time to bring a little extra light into the world,” Harris told WWD in an exclusive statement. “We’re proud to come together this Diwali to celebrate community, knowledge, prosperity and South Asian culture.”
The package — launching at 12 p.m. ET today on phenomenalwoman.us — includes a “Phenomenally Brown” hoodie, three of Live Tinted’s “Huesticks” (a multi-use corrector), a pair of thebeautylabel’s “Rays Copper Eye Masks” (completely biodegradable and made with copper peptides, banana extract and bakuchiol to depuff, help with fine lines and brighten), as well as a Diwali diya (a small lamp that is lit). It’s priced at $90, with a retail value of $137.
For her part, Mutyala said: “Partnering with Phenomenal felt like such a natural fit from the beginning. As a female-driven brand that centers on underrepresented communities, I realized very quickly that they hold the same ideals as Live Tinted. I have known Meena since the early days of starting our respective businesses, so it is such a special opportunity for us to partner on a project, like celebrating Diwali, that ties in our heritage and celebrates our community.” headtopics.com
The $90 Phenomenal x Live Tinted box. Read more: WWD »
‘Spider-Man: No Way Home’ Trailer Reveals Villainous Multiverse as Tom Holland Teases ‘That Is the Tip of the Iceberg’
The second trailer for “Spider-Man: No Way Home” premiered on Tuesday, a little over a month ahead of the Sony Pictures and Marvel Studios co-production’s exclusive theatrical rel…
Victoria Beckham on Her New Blush and Beauty Partnership with Bergdorf GoodmanNow partnered with Bergdorf Goodman in NYC, Victoria Beckham Beauty has made its fan-favorite liners, lip tints, and more easier than ever to get your hands on.
EXCLUSIVE: Bretman Rock Teams With Curology.bretmanrock is embarking on his first skincare partnership with CurologyUSA. bretmanrock CurologyUSA 👏❤🔥
Dan Levy on the Catharsis and Fan Collaboration of New ‘Schitt’s Creek’ Book (EXCLUSIVE FIRST LOOK)Over the years, as “Schitt’s Creek” grew in popularity, co-creator and star Dan Levy says he got many offers to write a book about the show. It wasn’t until after the CBC-Po… Daniel Levy continues to be a wonderful collaborator and a man who always shares the glow
Batsheva x Laura Ashley Is Autumn’s Most Romantic CollaborationIt’s hard to think of a more harmonious partnership than the one between Batsheva and Laura Ashley. Guilty Pleasures
Starz International President Superna Kalle Details Starzplay International StrategyEXCLUSIVE: Last week, Deadline broke the news that Starzplay, the international streaming service from Starz, is partnering with Sony Pictures Television for what will be one of its most ambitious …
Beauty Mogul Francois Nars Releases Limited Edition Book Filled With Gorgeous PortraitsThe beauty mogul Francois Nars has cast his eye for beauty with a new book of portraits featuring the likes of Kim Kardashian, Kanye West, Linda Evangelista, Tilda Swinton and Naomi Campbell. *Yawn. Oh, and *barf. Simultaneously. Holy sh*t that was a horrific involuntary physical reaction. Not as horrific as the heavy petting and sucking up you're doing to this suit-wearing trend though.


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Hot on the heels of a rare antitrust victory in a Delaware court this week comes the news that chip giant Intel has agreed to settle a similar case with the US Federal Trade Commission.
Bloomberg News reports that details of the settlement will be announced later today.
The Commission's antitrust case was based on similar charges levelled against Intel by various entities throughout the world accusing it of anti-competitive business practices. Late last year, Intel settled a dispute with rival AMD by paying the latter $1,25-billion. Intel was also fined $1,45-billion by the European Union last year for similar offenses.


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Belt Valley Bank is small even by community bank standards—it's got about $62 million in assets and 18 employees. But it has the tools to compete directly with the likes of Square for accepting payments on mobile devices.
Belt Valley Bank plans to soon offer Fiserv's SpotPay, a mobile card reader the Wisconsin-based vendor sells almost exclusively through banks. The Belt, Mont.-based bank's small size fits Fiserv's use case quite well.
"It's a small town, we have the one bank on the main street," says Tammy Ogle, assistant operations officer for Belt Valley Bank. "We have small-business accounts that require the business owners to have to travel to make repairs and do other work. [SpotPay] would be handy for them."
The mobile card reader is also a good fit for pizza shops and other small merchants that would otherwise have to direct their customers to an ATM, Ogle says.
In offering SpotPay, Belt Valley Bank is going up against dedicated payment companies like Square and PayPal, as well as more diverse companies like Intuit and Groupon. Those companies may seem like fierce competitors — but they're all based in California, and their distance works to Belt Valley Bank's advantage.
"There is one merchant that I spoke with that has heard of Square because of its advertising, but they would like to stick to its home area, so they asked us if we had a similar technology," Ogle says.
SpotPay, like Square, plugs into a mobile device to allow micro-merchants to accept swiped card payments. Fiserv launched the device in October, and says hundreds of banks and credit unions have since signed up to offer its reader.
Fiserv helps its clients market the SpotPay reader online. The vendor recently launched a website that can rebrand itself on the fly to match the bank account of the merchant signing up. Belt Valley Bank will also offer a link on its own website to enroll merchants in SpotPay.
SpotPay is "a good product for smaller banks and credit unions who want to move faster for mobile acceptance," says Christine Pratt, a senior analyst at Aite Group.
If banks can offer mobile acceptance directly to small businesses, they stand a good chance of winning the client, Pratt says.
Though Square and its rivals sell their readers on the shelves of many large retailers, "small businesses tend to trust their bank more, or they trust technology more if it's offered by their financial institution," Pratt says.
Fiserv's plans to improve its SpotPay reader, such as by offering instant access to funds scanned from a check, helps the banks in their sales pitch, says Zil Bareisis, a senior analyst at Celent.
"The integration between card acceptance and check payments is not something that many of the mobile acceptance firms have done," he says, adding the fast pace of mobile acceptance tech development across the market demonstrates the function has grown beyond its "niche" status.
"It's starting to fundamentally change the acquiring business," he says. "Banks are taking notice and trying to come up with offers to compete with [card acceptance] services."


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Biosimilar ‘uptake drivers’ that encourage prescribing of biosimilars over originator biologics will be applied universally and not just to the brand that makes an application for them, the federal government has confirmed. The Pharmaceutical Benefits Advisory Committee (PBAC) has set out its position on uptake measures such as lower authority levels in newly-released documents covering the ...
Biosimilar uptake drivers will apply to all brands, PBAC confirms
By Tessa Hoffman
9 Mar 2018


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The stateâ€™s GST mop-up, including state GST (SGST) and integrated GST (IGST), for the April-July period was Rs 2,644 crore as against Rs 4,252... ...https://www.hindustantimes.com/chandigarh/punjab-s-gst-inflow-in-april-july-38-short-of-last-year-s-mop-up/story-Qy5olf5xg9UzBcGYfjiRfM.html
Although the June collections were higher than that in July, however, it is important to note that during the previous month, a large number... ...http://www.rediff.com/money/report/gst-collections-slip-in-july/20200801.htm
The High Court in a ruling on Thursday, however, asked the revenue department to consider the representations made by the petitioners in this... ...https://economictimes.indiatimes.com/news/economy/policy/supply-of-services-by-intermediaries-outside-india-is-not-an-export-should-be-taxed-at-18-gujarat-high-court/articleshow/77263477.cms
The case was detected and developed by the officers on further data analytics out of a case booked against one of the exporters, M/s Anannya Exim,... ...https://economictimes.indiatimes.com/news/economy/finance/dggi-books-three-firms-for-evading-gst-payments-of-over-rs-600-crore-three-arrested/articleshow/77201872.cms
IGST refunds have been suspended in cases where an adverse report has been found about the exporter or suppliers during verification ...https://www.moneycontrol.com/news/business/gst-fraud-|-nearly-1500-\\u2018risky-exporters\\u2019-to-face-finmin39s-wrath-over-fake-igst-refund-claims_14085821.html
This book comprehensively discusses...


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Published Wed, Feb 21 2024 12:17 PM EST Updated Wed, Feb 21 2024 1:43 PM EST
WASHINGTON A federal consumer protection watchdog agency on Wednesday announced that it will be voting on rules that will require cable and satellite providers to display an all-in price for video programming on consumers bills and promotional materials.
The Federal Communications Commissions final rules are expected to be largely similar to those the agency initially proposed last year. The commission plans to vote on a final version of the rules during its upcoming March 14 open meeting.
Were working to make it so the advertised price for a service is the price you pay when your bill arrives, FCC Chairwoman Jessica Rosenworcel said in a statement. Not only will this reduce cost confusion and make it easier for consumers to compare services, but this proposal will also increase competition among cable and broadcast satellite providers through improved price transparency, said Rosenworcel.
The commission voted in December to adopt a proposal to ban cable and satellite companies from charging early termination fees. The agency is also gearing up to enforce a new labeling format for broadband internet service providers, starting in April.
Link to FCC NEWS RELEASE – FCC to Vote on Pricing Transparency for Cable & Satellite Viewers