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Tencent fends off Spotify, Apple in China’s battle for streaming and music downloads
Asia’s biggest internet company wants to capitalise on digital-music sales in mainland China that are expected to surge 88 per cent within four years
One of China’s most-anticipated initial public offerings next year may be music to the ears of Tencent Holdings investors because of its potential to drown out any noise Spotify and Apple Music want to make in the biggest market.
Tencent Music, a streaming and downloading service, is expected to raise at least US$1 billion and is valued at US$10 billion, people familiar with the matter have said, with no decision yet on which exchange it would list on. Underpinned by three separate platforms, Tencent Music already has twice as many paying customers as Spotify.
Asia’s biggest internet company wants to capitalise on digital-music sales in mainland China that are expected to surge 88 per cent within four years, according to PwC. Apple Music debuted in 2015, yet most smartphones bought in China use the Android operating system, and Spotify hasn’t announced plans to expand there.
Tencent also has the advantage of an octopus-like business where one arm – music sales and streaming – can benefit from others such as the WeChat messaging app, a video-streaming site, a karaoke app and content-licensing deals with more than 200 international and domestic record companies.
“Tencent Music has a dominant status in China,” said Li Yujie, an analyst with RHB Research Institute in Hong Kong. “It would make sense to spin off the unit, allowing it to create strategic alliances and unlock value for investors. It could be one of the most-anticipated IPOs next year.”
The service offers more than 17 million songs to 700 million monthly active users, said Andy Ng, vice-president for Tencent Music. About 120 million people have paid to stream or buy music, compared with Spotify’s 60 million paid users.
Tencent’s three platforms – QQ Music, KuGou and Kuwo – are becoming important vehicles for Western pop stars such as Katy Perry and Rihanna to sell music in China alongside home-grown artists like Jason Zhang and Joker Xue.
“Tencent’s understanding of how to make money from traffic is far better than Spotify,” said Alex Yao, a Hong Kong-based analyst at JPMorgan Chase & Co. “If you want to make a singer not only sell copies but also have a great way to interact with fans, which company in the world can compete with Tencent?”
Still, the rivals are formidable. Even without a beachhead in China, Spotify will list on the New York Stock Exchange and is expected to get a market value of about US$15 billion, a Swedish newspaper reported on November 20. Spotify declined to comment on a possible IPO.
The companies said December 8 that they had forged an alliance. Tencent and its music division will acquire a minority stake in Spotify from current investors, while Spotify will get a piece of Tencent Music.
Apple Music is a key part of the US company’s push to double services revenue to about US$50 billion by 2020. In China, the music business is considered a way to boost iPhone sales amid a flood of cheaper devices from domestic vendors including Huawei Technologies and Xiaomi. Greater China, a region that includes Hong Kong and Taiwan, is Apple’s biggest market after North America.
“The legitimate market has until now been tagged as a sleeping giant,” PwC said in its entertainment outlook for 2017-2021. “Not for long: China’s music market is sprinting.”
Tencent currently has the upper hand against domestic competitors Alibaba Group Holding and NetEase, accounting for more than 70 per cent of traffic for music streaming in China, according to the International Federation of the Phonographic Industry.
The momentum toward an IPO is rewarding Shenzhen-based Tencent for achieving what once was unheard of: making people pay for music in a nation criticised as a haven for piracy. Its Hong Kong-listed shares have doubled this year.
Several years ago, billionaire chairman Ma Huateng decided he wanted music to be a pillar of his empire with gaming, video and online books. To make that business viable, Tencent had to buy intellectual-property rights in a nation where piracy is rampant.
That chronic ripping off of music is part of the reason why even with PwC’s prediction for rapid revenue growth, it only expects the market to reach US$557 million in 2021.
“Almost everyone was infringing music content,” Ng said. “There was no business model. Even we were breaching a lot of content.”
In the immediate aftermath, Tencent scooped up 20 exclusive licenses with the world’s biggest music labels, and at bargain prices, Ng said. That collection has grown to about 200 labels, mostly Chinese but also including heavyweights Universal Music Group and Sony Music – a roster helping keep Spotify at bay.
In 2015, the government made music services sweep their playlists of copyright-infringing works for its “Sword Net” initiative. More than 2.2 million unlicensed songs were deleted by Tencent, Alibaba and Baidu.
The ensuing battle for bands triggered lawsuits and price wars. Those bruising spats prompted regulators, who prioritise market stability, to encourage the services to share content with each other, effectively capping prices.
“China is finally moving towards a legitimate, paid model for music as a plethora of music brands jostle for position,” PwC said in its report.
Alibaba will continue investing in licensed music and streaming sites such as Xiami and will capitalise on advantages offered by its data, cloud-computing and artificial-intelligence units, the company said. Alibaba owns the South China Morning Post.
NetEase is working on providing more original content and acquiring intellectual property to boost its database of more than 10 million licensed songs, the company said in an email.
Yet that may not matter, JPMorgan’s Yao said.
“Others cannot compete with the breadth and depth of Tencent’s content,” he said.
Tencent’s main app – QQ Music – is a pretty good deal for listeners. Prices for different levels of access range from about US$1.21 to US$1.81 a month, compared with Spotify Premium’s charge of as much as US$9.99 in the US
Tencent also has a karaoke app called WeSing that lets its 460 million users live-stream their own renditions of the hits. Performers receive digital gifts and tips from their fans, and Tencent earns a percentage. The company declined to comment on that revenue.
“In China, we are still in the early stages of paying for content,” Ng said. “We want to grow the pie as big as possible.”


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Chicago / IL. (tni) Technomic recently released «The State of Foodservice Technology 2020» covering operator survey results that explore the current landscape of technology use, identify priorities for future investment and provide insights into emerging trends. «The report uncovers the current landscape of technology use in restaurants, identifies operator plans and priorities for future investment, and provides more clarity on the factors that are accelerating or, in some cases, hindering deeper integration of technology into restaurant operations,» explains Melissa Wilson, principal at Technomic. «As the Covid-19 pandemic has accelerated transformation in foodservice, technology is now an elevated operator priority with substantial opportunity for innovation.»
The 2020 report highlights the impact of Covid-19 on the channel, technology spending and usage, and third-party delivery. It also includes innovation and performance for point-of-sale, front-of-house and back-of-house systems. Findings from the report include:
- 68 percent of chain operators surveyed believe their technology spend will either somewhat or significantly increase in the next few years
- 51 percent of operators surveyed already have contactless payment, while 31 percent plan on implementing contactless payment
- 67 percent of operators surveyed get information online when deciding about what technology systems to purchase
The report is an annual deliverable included in Technomic’s Foodservice Technology Membership. The membership provides ongoing expert reporting on the role of technology in foodservice, consumer and operator demands and usage, and future-forward technology trends.

domain: news


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Customers try makeup products displayed at the Korean cosmetics zone of the Shinsegae Duty Free store in Myeong-dong, Seoul. (Shinsegae Duty Free)
Buoyed by the progress of coronavirus vaccine development and monetary easing policies, expectations are on the rise that the global economy can get itself out of the virus crisis soon. The Asia-Pacific region is predicted to post 9 percent growth in its domestic production rate in 2021, and the robust on-year growth will be driven mainly by a strong recovery in private consumption, according to an Asian branch of investment bank Morgan Stanley on Wednesday.
“Private consumption could emerge as the key growth driver with release of excess savings and full job market recovery, while a stronger global demand and reduced risks of trade tensions would boost manufacturing capex, outweighing slower construction activity and a slightly narrower current account surplus,” said Robin Xing, chief China economist at Morgan Stanley Asia, at a conference in the morning.
The economist said the household savings rates came in at 37.2 percent from the first to third quarters this year, when the impact of the ongoing virus pandemic hit a fever pitch. The figure is much higher than 32.2 percent in the same periods of the years 2017 through 2019.
Sales of products, including office goods, cosmetics, food, vehicles and jewelry, have grown rapidly to exceed pre-COVID-19 levels and will likely remain on an upward trend next year, according to the investment bank.
Giving kudos to South Korea for its effective government-led response to contain COVID-19, Morgan Stanley forecast that the nation’s economy, with its GDP having already reached 97.5 percent of its pre-COVID-19 level in the third quarter, will enter a new Goldilocks phase next year with the nation maintaining momentum for growth. It forecast that Korea’s GDP will grow 4.2 percent on-year, compared with negative 0.9 percent this year.
Despite the rosy economic outlook, investors should keep in mind that a sudden virus resurgence or excessive inflation could pose risks for the regional economy, the investment bank said.
By Kim Young-won (email@example.com


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Bayern Munich have officially opened their office in Shanghai, China. The club was represented on site by CEO Karl-Heinz Rummenigge, board member Jörg Wacker, and brand ambassadors Giovane Elber and Bixente Lizarazu. This is the second international office that Bayern have opened following their extremely successful venture in New York City.
“After opening our US office, we're delighted to establish our second permanent presence here in Shanghai,” Rummenigge said. “This allows us to intensify our contact with the fans, with clubs, with associations and other institutions. We've had nothing but wonderful experiences on our previous trips to China, and we've felt the high esteem our club enjoys here.”
Bayern are officially worldwide now.
This summer, as part of the Audi Summer Tour 2017 and the International Champions Cup, Bayern will travel to China and Singapore for four friendlies against Chelsea, Arsenal, Milan, and Inter.
While Barcelona have followed in Bayern’s footsteps in opening an office in NYC, Bayern are well ahead of their European counterparts in opening an office in China.


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Samsung Electronics has confirmed that the company will introduce its Evolution Kit at the 2013 International Consumer Electronics Show (CES) to be held from January 8th to 11th, 2013.
The Evolution Kit, which has been introduced for the first time at CES 2012, is an innovative concept that enables Samsung 2012 Smart TV to evolve into Samsung's new 2013 Smart TVs. By simply attaching the Evolution Kit device into the back of a Samsung Smart TV, consumers can enjoy the latest features that the 2013 Smart TVs have to offer.
With hardware enhancements, such as CPU, memory and GPU up to the level of the latest Smart TV, users can enjoy faster speeds for browsing the Internet and multitask by using apps while watching TV.
In addition, Samsung's Smart Interaction features such as voice control and motion control will be enhanced. Once the Evolution Kit is attached to the slot, 2012 Smart Hub is transformed to 2013 version. Every year, consumers will now be able to enjoy the latest services with Samsung's Smart TVs.
The actual figure of Evolution Kit is finally revealed for the first time at CES 2013. Samsung will demonstrate the wonderful change that with its attachment to the TV, the new 2013 Smart Hub shows five different panels where consumers can enjoy a wide range of content including Live TV programs, VODs, apps and Internet.
The Evolution Kit is the optimal solution for users as it allows them to always experience the latest service of Samsung Smart TV with their existing 2012 Smart TVs even though hardware or software specifications continue to improve in the future.


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Cyprocurrency: Most people are familiar with cryptocurrency. It is a digital currency. A system where transactions can be done without the interference of any country, banks or government. The number of people investing in these has increased. Among these, Bitcoin is the most popular. Its value is high. But…didn’t you know that online frauds have increased recently? Now hackers have stolen 7 million dollars worth of crypto currency in October alone. That figure is 3 billion dollars in a year. Let’s find out what this actually is.
Cyprocurrency: Cyber frauds have increased in recent times. These were mostly related to bank accounts. But now the criminals are looking for some way. At the same time, they are stealing cryptocurrency. This is because the value is higher. Hackers have stolen more than $3 billion worth of cryptocurrency in this year alone. That means it is more than Rs.24 thousand crores in Indian currency. They got this amount in about 125 hackings. To this extent, blockchain analytics firm Chinalysis said.
Chinalysis posted on its Twitter that the month of October ranked first in hacking activity of any year. Although there are still almost half days left in the month of October.. it said that the hackers are excited. At the same time, it has been clarified that in this month alone, cryptocurrency worth 718 million dollars (about 6 thousand crore rupees in Indian currency) has been stolen in a span of 15 days. Chinalysis revealed that these are in 11 different hackings. This explains that in total this year only 3 billion dollars worth of crypto has been stolen by online criminals.
Hackers stole 2.1 billion dollars worth of cryptocurrency in 2021. This year, that record has been broken, according to Chinalysis. Chainalysis revealed that hackers have focused on crypto exchanges for the past few years, but as they have strengthened their security systems, they are now focusing on cross-chain bridges. These cross-chain bridges have better opportunities for hackers to infiltrate, she said.
Cross-chain bridges are still a major target for hackers. 3 cross-chain bridges have been cyber-breached in this month alone. More than 600 million dollars of cryptocurrency was stolen in one go. This alone accounted for over 82 percent of the crypto stolen this month,” Chinalysis added in its report.
What Is Cryptocurrency?
A cryptocurrency is a digital currency. No government, organization or bank has any control or authority over this. It operates through an open source computer algorithm based network. Consumers control it. Transactions are also paid in the form of cryptocurrencies. Bitcoin is the most popular among cryptocurrencies. Ethereum, Tether, Binance Coin, Ripple are also popular. The value of Bitcoin is currently over Rs.15 lakhs. After that the value of Ethereum is over Rs.


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The Tampa Bay Buccaneers have released a new jersey to go along with the helmet they released weeks ago.
Tampa Bay will begin wearing the new threads in the 2014 season.
“Today marks the culmination of more than two years of research and planning to bring the Tampa Bay Buccaneers into a new and exciting era of our history,” said Buccaneers co-chairman Edward Glazer. “We worked closely with our partners at Nike to design a uniform that would set the standard for both design and functionality. The result is a sleek, modern design that honors our championship past while also establishing a new, bolder identity moving forward.”
We will let the teams official release take it from there.
The base uniform color has been energized with richer pewter, juxtaposed with a brighter, more vibrant shade of “Buccaneer Red”. In homage to the Buccaneers’ early uniforms, the look also features “Bay Orange” as a new primary trim color and accent on both the jersey and the pants. Tampa Bay also becomes the first NFL franchise to incorporate a revolutionary reflective chrome border around the numbers on the front, back and shoulders. The chrome border incorporates a technologically advanced reflective coating that adds a new dimension, increased readability and a unique glow to the numbers.


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Published: Mar 20, 2024
By Tyler Patchen
Swiss contract manufacturer Lonza announced Wednesday it is spending $1.2 billion in cash to acquire a Roche manufacturing facility in Vacaville, California, to increase its large-scale biologics manufacturing capacity.
The site, designed to produce large-scale biologics for Roche’s Genentech, will help Lonza meet the demand for commercial mammalian products from other companies and make molecules in development, according to the announcement.
The Vacaville facility has a total bioreactor capacity of an estimated 330,000 liters, which Lonza contends is one of the largest biologics manufacturing sites in the world by volume. Lonza said that around 750 Genentech employees at the site will be offered employment under the Swiss company.
Apart from the $1.2 billion price tag, Lonza plans to invest around CHF 500 million ($561.3 million) into the facility. The contract manufacturer said it plans to “enhance capabilities” to satisfy demand for the “next generation” of mammalian biologics. The products currently produced at the site by Roche will be supplied by Lonza, which has also committed to making these products over the medium term but will phase them out over time. A presentation by Lonza said that Roche will use around 30% of the site in 2025.
The transaction is expected to close sometime in the second half of this year.
“The Vacaville site is a highly valuable strategic acquisition that will make capacity immediately available for our customers and unlock future growth for our biologics division. It will support us in providing a commercialization path to existing customers and incremental large-scale commercial capacity to our partners,” Jean-Christophe Hyvert, president of biologics at Lonza, said in a statement.
The site in Vacaville was originally a Genentech site but was acquired by Roche in 2009. Last year, Roche announced it would divest and look for a buyer for the Vacaville facility. The company said this was part of a broader strategy to evolve its manufacturing capabilities and align them with its pipeline requirements.


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Photo for illustrative purposes only.
PHOTO BY ARCHIVE
Grocery prices in the UAE will drop this month after the government announced a seven percent reduction in the diesel price for March. It will cost Dh3.14 per liter, compared to Dh3.38 the previous month.
According to Dr. Dhananjay Datar, Chairman and Managing Director of Al Adil Trading Company, diesel is mainly utilized in commercial vehicles, so the reduction in the local diesel rate will result in a drop in logistic charges.
“The commodity and food items prices will definitely come down because of the cut in diesel rate, thus benefiting the consumers, wholesalers, and other players such as restaurants and catering companies,” Datar said.
He added that since over 90 percent of commercial vehicles in the UAE run on diesel, shipping goods between Emirates and from warehouses to supermarkets will be less expensive this month.
Kamal Vachani, Group Director and Partner at Al Maya Group, also claimed that the cut in diesel rate would help the transport companies in costs and result in an overall price drop in general merchandise.
The reduction of fuel rates usually translates into lower grocery prices as consumer and commodity prices are significantly connected. If energy prices drop, it pushes shipping and transport charges lower.
The drop in the price of diesel could mean bigger savings for UAE residents as grocery essentials would cost less for the holy month. RZSP/Expat Media
For all the latest news from the UAE and the world, follow us on Facebook, Twitter and Instagram and subscribe to our YouTube page
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Inflammation contributes to joint pain, diabetes, metabolic syndrome, and obesity. The Top 3 Anti-Inflammatory Foods article shares natural, alkaline foods that reduce inflammation and improve health.
Boston, MA (PRWEB) February 10, 2014
A new report from Health News Wires titled Top 3 Anti Inflammatory Diet Foods reveals the best alkaline foods to decrease inflammation and improve overall health.
Chronic inflammation is an increasingly common health condition that contributes to obesity, diabetes, heart disease, arthritis and metabolic syndrome. Causes by a number of environmental factors including eating processed foods, saturated fats, sugar, and chemicals, inflammation is a dangerous condition that mimics many other serious health issues.
There are a number of natural and alkaline foods that reduce inflammation levels in the body - these include fresh fruits and vegetables, fish, whole grains, and certain spices. Increasing the amount of omega-3 fatty acids in the diet is perhaps the most important step in preventing inflammation in the body.
Omega 3 and Essential Fatty Acids are one of the most important foods for preventing heart disease, joint pain, mental health issues, and inflammation. People typically consume most of omega fats from vegetable oil, however this is omega 6, not omega 3s. Omega 3s are found in wild-caught fish, quality fish and krill oil, avocado, and olive oil.
The new article and video from Health News Wires detailing the Top 3 Anti Inflammatory Foods is available at http://healthnewswires.com/researchers-find-why-we-get-fat-with-age/.
“Inflammation contributes to joint pain, diabetes, metabolic syndrome, and obesity. The Top 3 Anti-Inflammatory Foods article shares natural, alkaline foods that reduce inflammation and improve health.”, said Michael Healey of Health News Wires.
A second report, titled the Top 15 Foods That Damage Your Heart, shares the very best and worst foods to prevent inflammation and improve heart health is also available at http://www.healthnewswires.com/15-damaging-foods/.
About: HealthNewsWires.com is a new website that was launched in June of 2013 in order to educate the community in the importance of health and wellness. Previous topics covered on the site include Insulin Resistance; upcoming topics to be covered include weight loss, benefits of antioxidants, skin health, joint health, metabolism, digestive health, probiotics, gluten intolerance, cleansing diets, heart health, as well as several other highly informative articles to help people understand the connection between health and a high-quality of life. Most recently, they released a video titled the Health Benefits of Krill Oil.


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Princes has completed the first phase of a £17 million investment project, as the company has installed a new squash bottling line at its manufacturing site in Bradford, UK.
Princes – which owns drink brands including Aqua Pura mineral water and squash brand Jucee – says the new line is capable of handling varying bottle sizes from 750ml to 1.5l, and has the capacity to produce up to 36,000 bottles per hour. Six different bottle formats will be commissioned by the end of December.
The Bradford facility is Princes’s largest UK soft drinks production site, producing still and carbonated soft drinks across a variety of flavours and pack formats for the Jucee, Geebee and Wells brands, as well as customer own brand squash products such as cordials, high juice and squash drinks.
According to a statement released by Princes, the new line will also allow the business to further reduce the weight of its bottles, removing approximately 300 tonnes of plastic from Princes’s supply chain every year.
This build upon sustainability commitments already made by the company, which recently announced that it is now using 51% recycled PET in all of its soft drinks and oils packaging, and 30% high-density polyethylene (HDPE) in chilled juice drink packaging.
The opening of the new line was marked by a small ceremony attended by Princes Group chairman Manabu Oda and managing director Cameron Mackintosh.
Andy Hargraves, group director for Soft Drinks at Princes said: “Our new line at Bradford is delivering increased production, state of the art equipment and better energy efficiency to the site, and is a major part of our commitment to UK manufacturing and providing long-term, high-quality employment opportunities in the area.
“This investment is also a further example of the strong position we have on the recycled content in our drinks business, as part of our shared responsibility to reduce, reuse and recycle all types of plastic.”
© FoodBev Media Ltd 2022
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|SJC gold bars are sold at a shop in Hà Nội. The price gap between SJC gold bars and other types of gold bars is also reasonable. VNA/VNS Photo
HÀ NỘI — Though the gap between domestic and global gold prices is significant, Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng said it is reasonable due to restricted supply.
At a recent meeting, Hồng said according to the country’s policy to restrict gold supply sources with an aim to fight dollarisation and goldisation in the domestic economy, the SBV has not supplied gold for the domestic market since 2014 so jewellery producers have to use SJC gold bars as raw materials.
Due to the restricted supply and the sharp price hike of gold in the world market, domestic gold traders have to defend and reserve gold because they do not know how the world gold price will fluctuate, which pushes up the local gold price, according to the governor.
The governor also said the price gap between SJC gold bars and other types of gold bars is reasonable.
According to Hồng, many gold enterprises have confirmed that no enterprise benefits from the price gap between SJC gold bars and other types. If people choose to buy SJC gold bars, which are more expensive than others, they can sell them at a higher price.
State management agencies have inspected and confirmed that no enterprise can manipulate SJC gold bars to benefit from the gap.
At the meeting, representatives of gold enterprises said the price gap was not desirable as the larger the gap is, the higher risk they face.
As for the scarcity of gold bars and gold raw materials in the local market, gold trading enterprises said it was because of an imbalance between gold supply and demand.
Lê Thúy Hằng, General Director of SJC Company, said the SJC gold bar brand had been selected by the Government and the SBV as the national gold brand since 2012. The production of SJC gold bars had been strictly managed by the SBV.
Hằng affirmed her company was completely unprofitable from the gap between SJC gold bars and other types of gold bars. The company had fully complied with the SBV’s direction for the past ten years. SJC's net profit even decreased from more than VNĐ300 billion yearly before 2012 to only VNĐ74-80 billion currently.
For the gold price in the domestic market, SJC is not a manipulator because the price is determined by supply and demand of the market. All gold traders understand that no enterprise can manipulate the price, according to Hằng.
According to Nguyễn Thanh Long, chairman of Việt Nam Gold Traders Association (VGTA), the SBV should license qualified enterprises to import raw gold to produce jewellery.
Long said, currently, jewellery production enterprises were not allowed to import gold materials so they mainly have to buy in the market, which causes unstable local gold prices. The allowance will contribute to narrowing the gap between domestic and international gold prices.
Hồng said the SBV would study carefully to encourage the development of the jewellery production industry with a fair competition. — VNS


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Last Updated on
- You can receive money from abroad through your OPay wallet
- It is faster and reliable
The Central Bank of Nigeria (CBN) has certified OPay to begin International Money Transfer in Nigeria.
Significance of OPay International Money Transfer approval:
- It means that OPay will begin to facilitating remittance B2B, B2P and P2P remittance services into Nigeria.
- It will be easier for global remittance companies to partner with OPay to help their customers to receive money from their business partners
- It will be faster for global remittance companies to partner with OPay to help their customers to receive money from their business partners from any part of the World.
- Residents in Nigeria will be able to receive money from their loved ones in abroad directly into their OPay wallet.
- Nigerians will be able to easily cash out their funds from their OPay wallets at any of over OPay mobile money agents in Nigeria.
OPay has over 100, 000 mobile agents spread across the country, it that isn’t the highest, it would be among the top 5.
OPay is owned by Opera Inc, the developer of Opera web browser and Opera mini.
TechCabal quoted the Director of Remittances Services at OPay Kunle Olamuyiwa as saying, “The plan is to distort the remittance space and ensure that international money transfer into Nigeria is safer, faster and more affordable.”
Mr. Kunle disclosed that the company is working with major global remittance companies around the world.
According to him, “We will start facilitating remittances to Nigeria with these partners, ensuring the best fees and exchange rates, speed and security.”
The OPay Director of Remittances Services said his company will roll out a big-bang promo in December with lots of prices for recipients of money transfer “who receive their money directly into their OPay wallets.”
OPay International Money Transfer Account Setup
- Step 1: Download OPay App from Google PlayStore
- Step 2: Setup your mobile wallet account
- Step 3: Fill in your details correctly
- Step 4: Verify your identity
Your phone number is your account number without the first digit.
Kunle said, “I can only advise everyone who has families around the world to get an OPay Wallet.
“They will get better value for these funds doing transfers to any bank, paying their bills, buying food and also using our on-demand transport services”
At the time of putting this post together, OPay has the following services on its App:
- OPay Wallet to buy card, data, settle bills etc
- Okash (online loan)
- Owealth (Investment platform)
With this licence, OPay has now joined other CBN-certified International Money Transfer Operators in Nigeria.
We’ll keep you updated when the promo begins in December 2019.


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France to help India boost food processing sectorOctober 26th, 2009 - 7:36 pm ICT by IANS
New Delhi, Oct 26 (IANS) France can help India develop its food processing sector by offering its expertise and technology in the area, according to France’s Minister for Foreign Trade Anne-Marie Idrac.
“The agro-food sector in India shows a huge potential that is yet to be tapped,” Idrac said while speaking at an interactive session on Indo-French cooperation in agriculture and food processing, organised by the Confederation of Indian Industry (CII) here Monday.
“So far, only 3 percent of the overall agricultural production (in India) is being processed; 35 percent in the dairy sector. In France, 70 percent of our agricultural output is processed into value-added products,” she said.
Noting that the food processing sector in India was facing various bottlenecks like lack of infrastructure, packaging and grading centres, and quality control and testing facilities, the French minister stated: “We have been through all that in France. Our companies’ experience and expertise can probably help you.”
Idrac, who is currently leading a delegation of French agro-industry companies in India, said Prime Minister Manmohan Singh and French President Nicolas Sarkozy had identified agro-food as one of the industries in which cooperation must be encouraged.
“An Indo-French joint working group (JWG) on agriculture has been set up in order to promote cooperation between our two countries,” she said.
The French minister also emphasised the need for benchmarking food quality and safety standards, particularly when catering to urban consumers.
“The ’safe food, tasty food’ project is important with the Commonwealth Games coming to Delhi in 2010,” she said.
She highlighted five areas in which the visiting French delegation and the Indian counterparts can work on.
Business models for dairy and poultry industries; interface with public and private agencies on policy framework; dialogue on standards and guidelines for quality, safety and traceability; study of cycle from crops and cattle to processed food and consumer market; and links between research development institutes in the two countries are the five areas.
Speaking on the occasion, Minister for Food Processing Industries Subodh Kant Sahai said while India had the potential, France could help tap it.
“We have the raw material, you have the technology. India is in the middle of two big markets - the Middle East and the Far East - and we can help French companies reach out to these markets,” he said.
He also called for the setting up of a joint quality control laboratory by India and France to remove hindrances on exports of Indian food products to the European market.
Inviting French investors, Sahai said: “You will not only earn money by investing in the food processing sector in India but also help our farmers who form 70 percent of our population of 1.2 billion.”
- Sahai highlights the need for a second green revolution in India - Feb 16, 2010
- India, France plan pact to boost food processing - Oct 07, 2010
- Indian, Canadian institutes sign MoU on food processing research - Jun 07, 2010
- India seeks New Zealand's technology, investment - Jun 28, 2011
- India, New Zealand eye trade pact; discuss IT, agriculture (Lead) - Jun 28, 2011
- CII to hold FoodCon 2012 in Chennai in July - Jun 23, 2012
- African countries invite Indian investment in agriculture - Jun 21, 2012
- Karnataka gets Rs.1.10-lakh crore investments in agri-business - Dec 02, 2011
- Karnataka farmers to protest against agri-summit - Dec 01, 2011
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Tags: agro industry, commonwealth games, companies in india, confederation of indian industry, dairy sector, food project, french delegation, french minister, french president nicolas, french president nicolas sarkozy, indian counterparts, joint working group, jwg, manmohan singh, nicolas sarkozy, poultry industries, president nicolas sarkozy, prime minister manmohan, prime minister manmohan singh, urban consumers


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BMW has already set the benchmarks on the hybrid and full-electric segment, by bringing forward the highly-technological BMW i3 and BMW i8 plug-in hybrid. But the technology development on that matter, especially from the North American Tesla automaker, is forcing the German based carmaker to come up with even more evolutionary models.
Following the success that it had over the past few years with its diesel engines in Europe, and stating some sources from Autocar magazine, the BMW`s tuner Alpina is also planning to introduce high-performance hybrid prototypes that will keep the battle opened.
Perhaps, an Alpina hybrid prototype might be just around the corner, a logical excuse to mark 50 years of existence on the market.
An Alpina hybrid also suits Andy Bovensiepen, the CEO at Alpina, who stated in a press release that the idea of creating such a vehicle first came from the customers` needs of driving fast, high-performance and friendly environmentally Alpina models, that would also compete with other already successful hybrid cars.
”And hybrid technology hasn’t been good enough for that up to now. The danger is that the car is terrific for 200 miles, but then the small battery runs out and for the rest of the journey you have a disappointing drive. If we have a good technical base of a car from BMW and we also see the sales figures taking off, then we could have a car ready within two years”, he also concluded.


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The EU on Tuesday fined Asustek Computer Inc (華碩) for anti-competitive practices, but said the fine was reduced by 40 percent because the company cooperated with an investigation.
The EU announced that it was fining four companies, including Asustek, a combined 111 million euros (US$129.9 million) for imposing fixed or minimum resale prices on online retailers.
Asustek was fined 63.5 million euros, while Dutch-based Koninklijke Philips NV and Japan’s Pioneer Corp and Denon & Marantz were fined 29.8 million euros, 10.2 million euros and 7.7 million euros respectively.
The four had their fines reduced by 40 to 50 percent depending on their level of cooperation with the investigation, the EU said.
Asustek said it assigned a provision of 65 million euros in the first quarter to cover the anticipated fine from the EU.
The provision resulted in a nonoperating loss of NT$760 million (US$24.81 million) for Asustek in the first quarter, dragging first-quarter net profit to NT$2.38 billion, which was down 35 percent from a year earlier.
The company also said it would abide by EU rules when it markets and sells its products in member nations and would also strengthen employee training to avoid anti-competitive practices.
Asustek and the other three companies engaged in “fixed or minimum resale price maintenance,” in effect demanding that online retailers keep prices for their products above a certain level or face threats or sanctions, such as cutting off supply, the EU said.
Asustek intervened with retailers in Germany and France from 2011 to 2014, when they resold products at prices less than those recommended by Asustek, the EU said.
As online retailers use pricing algorithms that automatically adapt retail prices to those of competitors, restrictions on low-price online retailers “typically had a broader impact on overall online prices for consumer electronics products,” the EU said.
“As a result of the actions taken by these four companies, millions of European consumers faced higher prices for kitchen appliances, hair dryers, notebook computers, headphones and many other products. This is illegal under EU anti-trust rules,” European Commissioner for Competition Margrethe Vestager said in a statement.
From the customer’s perspective, car rental is a straightforward business. The only uncertainty is whether the hire company will charge you for the scratch they discover when you hand back the vehicle. Hertz Global Holdings Inc’s bankruptcy protection filing on Friday last week was a reminder that today even the simplest business models are underpinned by a lot more financial complexity than meets the eye. The proximate cause of Hertz’s demise was of course the sudden collapse in bookings caused by COVID-19 travel restrictions. The company’s monthly revenue last month fell 73 percent year-on-year, a shortfall that even the most resilient
Uber Technologies Inc, Lyft Inc and Airbnb Inc have slashed thousands of jobs. Salesforce.com Inc and Visa Inc are letting employees work remotely for months; Twitter Inc and Square Inc are allowing them to do so for good. For the companies’ hometown of San Francisco, the moves are early signs of a dire blow. In a city with a long history of booms, busts and natural calamities, the COVID-19 pandemic has suddenly upended nearly a decade of prosperity. While municipalities across the US are grappling with economic fallout from the virus, San Francisco stands to take a deeper hit given its high
BULK PURCHASE: The French chain and Hong Kong-based Dairy Farm International reached a deal covering 224 stores, which is expected to be finalized by year’s end Carrefour SA yesterday announced it would acquire Wellcome Taiwan Co (惠康百貨) for 97 million euros (US$108.33 million), and bring all the Wellcome supermarkets (頂好超市) and Jasons Market Place stores nationwide under its banner within 12 months of the deal closing. The France-based hypermarket chain reached an agreement with Hong Kong-based Dairy Farm International Holdings (牛奶國際控股), the pan-Asian retailer that launched Wellcome Taiwan in 1987. The transaction involves 199 Wellcome supermarkets, which have average sales areas of 420m2 and 25 high-end Jasons Market Place stores, which have an average sales area of 820m2, as well as a warehouse in Taoyuan, Carrefour Taiwan (家樂福)
‘ONE-STOP SHOP’: A Miaoli official said that the factory in the Jhunan section of the Hsinchu Science Park would create more than 1,000 jobs and boost prosperity A new high-end IC packaging and testing plant planned by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in Miaoli County is expected to start operations in the middle of next year, Miaoli County Commissioner Hsu Yao-chang (徐耀昌) said. Hsu wrote on Facebook that TSMC, the world’s largest pure wafer foundry operator, would invest NT$303.2 billion (US$10.1 billion) to build the plant, the largest-ever single investment in Taiwan. However, TSMC declined to disclose the financial terms of the deal, while a company board meeting on May 12 approved a spending plan worth NT$168.2 billion as part of its investment plans. Construction of the


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Byline: Ambrosia Brody
TWO HARBORS — Wine connoisseurs can taste the latest in reds, chardonnays, syrahs and bubbly during Two Harbors 12th annual Wine Festival, Saturday, June 8.
The one-day event, hosted by Two Harbors Enterprises and the Avalon Rotary Club, is a tasting extravaganza featuring the finest in imported and regional wines.
Event sponsors will celebrate the festival’s 12-year anniversary by increasing its capacity — opening ticket sales to more than 600 attendees. Last year’s event sold out, with 550 attendees.
Once on site, tasters can walk from table to table, where more than 30 wineries will have designated stations.
“The Two Harbors Wine Festival is a truly unique event, with participation from some of the finest California wineries, popular local breweries and Mad Mike’s Gourmet Sausage,” said Leslie Boutillier, Two Harbors’ events and catering manager. “This event has a little something for everyone.”
Additionally, attendees can try their luck in a silent auction to benefit local island charities and scholarships for Avalon High School students. Wine baskets, framed photos of Two Harbors, gift certificates for Avalon and Two Harbors, boating supplies and beach baskets are a few of the items that will be up for bid.
The proceeds from wine festival directly benefit Avalon Rotary, one of the leading service clubs on Catalina Island. Tickets can be purchased for $50 through June 8 by calling (310) 510-4205.
For more information, go to visitcatalinaisland.com/twoharbors.


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Frequently call out to Google Assistant on your phone or tablet? A new Ambient Mode coming to select devices will turn the always-on display into a smart screen showing contextually relevant information from Google Assistant.
Google made the announcement at IFA 2019 and said the Ambient Mode functionality, which is triggered when the device is charging or placed on a dock, is coming to Lenovo’s Yoga Smart Tab and the Smart Tab M8 HD, as well as to HMD’s Nokia 7.2 and Nokia 6.2. It’s a preloaded functionality on these devices, so because it’s not an app you can download from the Google Play Store, you can only access it if you have one of these phones or tablets.
The feature is similar to what happens when you place the Google Pixel 3 on the Pixel Stand wireless charger. Google Assistant commands and suggestions show up on the always-on display, but the look has been tweaked in the new Ambient Mode to resemble the experience on Google’s Nest Hub smart display. You can also turn the screen into a digital frame by having it pull photos from a Google Photos album.
It’s unclear if this functionality will make its way to Android natively to support all Android phones, or if it will eventually be an app on the Play Store.
Ambient Mode isn’t the only new feature coming to Google Assistant. If you’re a WhatsApp user, you’ll be happy to hear that you can now ask Google Assistant to start a WhatsApp audio call or a video call. Just say, “Hey Google, WhatsApp video John,” and Assistant will start the video call.
This expands what you can do with third-party messaging apps using Google Assistant, as earlier this year the company launched the ability to send messages through the virtual assistant for apps such as WhatsApp, Telegram, Viber, and Hangouts.
Google also said Assistant is coming to even more devices, including the Sonos Move, Bose Portable Home Speaker, and the JBL Link Portable, as well as to several soundbars from brands such as JBL, Phillips, and more. Assistant is also landing on more and more Android TVs from companies ranging from Hisense and Sony to TCL and Sharp.
- Why the cheap Pixel 7 ruins all other Black Friday phone deals
- App subscription fatigue is quickly ruining my smartphone
- When is my phone getting Android 13? Google, Samsung, OnePlus, and more
- The Pixel 7 is Google’s iPhone, and it’s my favorite Android phone so far
- My lack of self-control is a warning not to upgrade your phone this year


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The Chinese government has decided not to renew a safeguard on sugar imports in place since 2017, reported Reuters.… Login to continue
Tagged: China, import tariff, sugar imports
Raw sugar futures on ICE fell more than 3% on 22 April to a three-week low of 19.24 cents per lb, weighed by an improving outlook for crops in India […]


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Ecumen goes on high-tech hunt
"We see a tremendous opportunity for innovation in aging and new collaborations to deliver those solutions," said Ecumen's Eric Schubert.
Earlier this year, Ecumen named the winners of its first-ever AgePower competition — a national contest that sought to find innovative technologies that could improve senior care.
One of the winners was Minneapolis-based Playtabase, which makes the reemo wristband. Consumers wearing reemo can use hand gestures to turn on a coffee maker in the morning, open window blinds or interact with other objects.
We asked Eric Schubert, vice president of communications and public affairs at Shoreview-based Ecumen, more about the competition, its impetus and its future.
Why did Ecumen initiate this competition?
We see a tremendous opportunity for innovation in aging and new collaborations to deliver those solutions.
How did Ecumen launch this national competition and select the winners?
We partnered with Mojo Minnesota, an innovation co-op, to design AgePower and bring a mix of talents to the table.
How will Ecumen incorporate the winning technologies into its operations?
We will pilot the winning technologies to gain feedback from real users to aid design for commercial development.
Will Ecumen be conducting the competition again?
We plan to, but don’t have final details yet. We look forward to future collaborations to transform the aging experience.
Katharine Grayson covers med tech, clean tech, technology, health care and venture capital.
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Verizon's (NYSE: VZ) ad-supported mobile video service, reportedly dubbed go90, is set to launch "in the coming days," Bloomberg reported.
Quoting an unnamed individual familiar with the service's development, Bloomberg's report matches the "late summer" period Verizon executives have been publicly targeting.
"Stay tuned, go90 will not be like anything you've seen from us before," Verizon told Multichannel News, without commenting further.
Likely named after the 90-degree tilt of a smartphone that users typically perform when they adjust their views for mobile video, go90 represents Verizon's attempt to cash in on the rise of mobile video. And the carrier has made no secret of its plans to develop content for the service: In July, Verizon announced that it signed a multi-year deal with Vice Media to bring Vice's content to the service. Verizon has also pledged to offer 200 hours of original programming from YouTube video specialist AwesomenessTV, sports programming from ESPN and CBS Sports, and made-for-cable reality series from Scripps Interactive Networks.
Earlier, Verizon had more ambitious programming plans, such as live feeds from the major broadcast networks. But those programming features won't be available at launch.
"It won't be the full entirety of everything that we contemplate within the product set," Verizon CFO Fran Shammo said during his company's second-quarter earnings call. "It'll be an initial launch and, as the year goes on, it will progress."
Verizon is targeting teens and young adults with go90, which will largely be supported by the programmatic advertising wherewithal Verizon ingested earlier this year when it bought AOL for $4.4 billion.
Verizon is hoping to tap the audience-growth power of social media, enabling videos on the service to be freely shared on popular platforms including Twitter, Facebook and Instagram.
Both Verizon and AT&T (NYSE: T) -- which also has mobile video plans -- are trying to create new revenue streams while operating in a maturing U.S. wireless market.
Verizon taps HuffPo CEO Jimmy Maymann to run its forthcoming mobile video service
Verizon adds Discovery programming to mobile video service
Report: Verizon's mobile OTT video service to be called 'Go90,' will have some content exclusively for Verizon Wireless subs


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Video Game industry sales rallied to exceed prior year revenue figures in May, led by next-gen console sales in the hardware category. Following discussions and presentations at E3 2021, the focus of major manufacturers like Microsoft appears to be largely digital, and focused on the cloud. Mobile gaming has also continued to gain popularity.
Those trends are a problem for the remaining brick and mortar gaming retailers – in particular, GameStop. While “meme stock” hype has shot the company’s stock well north of $200, a significant turnaround in the company’s fundamentals are yet to be seen.
Related ETF & Stocks: Wedbush ETFMG Video Game Tech ETF (GAMR), Microsoft Corporation (MSFT), Sony Group Corporation (SONY), GameStop Corp. (GME)
Video game revenue grew by 3% YoY in May 2021, according to new data from The NPD Group. The $4.45 billion in sales of game systems, titles and accessories surpassed a strong $4.32 billion in the previous-year period. During the height of pandemic-induced lockdowns and quarantine measures in 2020, gaming became a refuge, perhaps the primary social and leisure activity for young people that were trapped at home for most hours of the day. As a result, MarketWatch has noted the videogame industry is now a bigger moneymaker than the global movie and North American sports industries combined.
Some are concerned that gaming sales will eventually roll over now that vaccinations rates are rising and nearly all states have eased pandemic-era restrictions on restaurants, bars, sporting events, concert venues, and other large gathering places. As MediaPlayNews reports, YoY revenue did decline for the first time in 14 months in April, but May’s rebound may prove that to have been an outlier. For the year-to-date period, NPD data shows revenue is up 17% to $24.02 billion versus $20.52 billion in 2020.
Hardware Sales Head Higher, No End to Shortages In Sight
May gaming sales were led by a 5% annual gain in the hardware category, as next-gen consoles from Sony’s (SONY) PlayStation and Microsoft’s (MSFT) Xbox product lines continue to roll out. As MRP has highlighted since last December, when demand during the holiday season stripped shelves of all available hardware, the surge in demand for next-gen consoles is likely to be spread out over the course of 2021 as supply shortages continue to limit how many consoles can be stocked every month.
The ongoing semiconductor shortage is undoubtedly creating hiccups in the supply chain for these consoles as well. Bloomberg reported earlier this year that he scarcity of crucial electronic components would curtail production of the PS5 and Microsoft’s Xbox Series X through year’s end. Sony went as far as to suggest it might not meet demand for its PlayStation 5 consoles this Christmas due to the global semiconductor shortage.
Mobile Gaming Expected to Remain Hot, Hold onto its Pandemic-Era Gains
With the ubiquity of smartphones has come a similar rise in mobile gaming, boosting smaller studios that focus on smaller-budget games for these devices. Advances in cloud gaming technology, which allow players to access their console-based games on their phones, will also be a driver of mobile gaming in years to come.
Based on an IDC and LoopMe survey of 3,800 smartphone users in the US, the UK, Japan, Germany, Brazil, and Singapore, 63% of respondents said they played more mobile games once the pandemic began. According to users’ answers followup questions, researchers estimated that 75% of the net gain in mobile gaming activity will remain even after the pandemic is over, said IDC analyst Lewis Ward in an interview with GamesBeat.
A separate report…


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Mercedes-Benz (German pronunciation:[mɛɐ̯ˈtseːdəs ˈbɛnts]) is a German automobile manufacturer, a multinational division of the German manufacturer Daimler AG. The brand is known for luxury automobiles, buses, coaches, and trucks. The headquarters of Mercedes-Benz is in Stuttgart, Baden-Württemberg, Germany.
Mercedes-Benz has sold a number of automobiles with the "500" model name, and the nomenclature usually refers the 5.0L V8 engine under the hood.
Most of the "500" badged cars featuring this type of engine are the various incarnations of the Mercedes-Benz S-Class flagship luxury sedan, making it synonymous with the "500" vernacular. However the engine and model number can also be found on other nameplates such as the E-Class midsize sedan, CL-Class coupé, and SL-Class roadster.
Jackson, 23, was seen saying his goodbye's to Brooke and his dad's former staffers and jetting off in his dad's Mercedes-BenzG-Class wagon, which costs upwards of $250,000. Heading out ... RELATED ARTICLES ... Share ... Jackson, 23, was seen saying his goodbye's to Brooke and his dad's former staffers and jetting off in his dad's Mercedes-Benz G-Class wagon ... .
It will be the second midday national broadcast in three weeks for the Ducks, who open the season against Georgia in the Chick-fil-A Kickoff game at Mercedes-BenzStadium in Atlanta at 12.30 p.m ... 26 ... ....
Editor’s note. This monthly series highlights scams that target the senior community. Dr. DaveLong of Poland, a Youngstown State University graduate, is a retired public affairs officer with U.S ... You get a text message, phone call or email saying you have won a big prize in the lottery, which may be cash, or a new MercedesBenz... cellphones ... .
Mercedes-Benz's sports charity event "Give 'N Race" poster / Courtesy of Mercedes-Benz ...German carmaker Mercedes-Benz has donated 5.05 billion won ($3.98 million) to local communities over the past five years through its "Mercedes-Benz Give" sports campaign ... Mercedes-Benz opened ...
Mercedes-Benz EQS. Globally, Mercedes-Benz has launched a slew of products under its EQ electric vehicle brand, but the Indian market has received only the EQCSUV so far ... Mercedes-Benz's official website claims that the flagship electric sedan will have a 770 km range (WLTP ...
Tata... Volkswagen ... Codenamed HR13DDT, the 1.3 L turbocharged petrol engine is the same engine found in the Mercedes-Benz A-Class. The 1.3-litre turbocharged petrol engine was co-developed with Mercedes-Benz and the Renault–Nissan–MitsubishiAlliance ... However, in the Mercedes A-Class the engine is tuned to deliver 163 bhp and 250 Nm of torque. Triber ... .
To aid in the funding of the project, Julie applied for and received a grant through the NationalGirls Collaborative Project with MercedesBenz. In addition to the financial funding, in collaboration with the NGCP, Mercedes Benz provided 200 Matchbox cars featuring the race car of Ewy Rosqvist-Von Korff, one of the first female race car drivers.
Manager Mercedes-AMG Communications. firstname.lastname@example.org ... in early-summer conditions, the long-standing AdenauerRacing Day attracted numerous fans who welcomed the Mercedes-AMG GT3 teams ... Mercedes-BenzGroup AG published this content on 26 May 2022 and is solely responsible for the information contained therein.


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- Luxury brands group Richemont, just bought Watchfinder.co.uk, a chain with seven stores and a strong online presence.
- Watchfinder focusses on the second-hand trade of high-end watches that Richemont sells.
- Some of its used watches come with prices that will buy a pretty nice house.
On Monday morning Richemont formally told shareholders it had bought 100% of Watchfinder.co.uk. It did not disclose the purchase price.
Watchfinder raised £6.2 million, or around R100 million, in venture capital funding in 2014. It showed nearly that much in operating profit in its last financial year, to the end of March 2017, when it reported turnover of £86.7 million, the equivalent of nearly R1.5 billion.
It has seven boutique stores, employs around 200 people, and pulls in tens of thousands of views on videos like this one:
The business of second-hand watches is still a "relatively unstructured segment of the industry", Richemont chairperson Johann Rupert said in a statement.
Richemond makes watches under the brand names A. Lange and Söhne, Baume and Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Officine Panerai, Piaget, Roger Dubuis, and Vacheron Constantin.
On Monday morning Watchfinder had more than 500 of Richemont's watches listed for sale on its website.
These were the most expensive watches found on Watchfinder on Monday – excluding price-on-application items:
Patek Philippe Grand Complications 5101P: £175,000 (R2.9 million)
Patek Philippe World Time 5575g-001: £77,500 (R1.3 million)
Richard Mille Le Mans Classic RM 010: £69,950 (R1.2 million)
IWC Portuguese Tourbillon IW504601: £69,950 (R1.2 million)
Patek Philippe World Time 7175R-001: £69,950 (R1.2 million)
- South African models can earn between R25,000 and R60,000 a month. Here's how to become one.
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Linya-Linya are back with another merch collab with the Eraserheads.
On Wednesday (11/11), the Filipino t-shirt line announced the release of their new Cutterpillow tribute shirt, featuring the hit songs blended in the album art cover in Linya-Linya's classic notebook-style doodles.
“A lot of our favorite songs from Eraserheads came from this album, and we just want to celebrate its legacy by releasing this shirt,” says Ali Sangalang, Creative Director of Linya Linya.
Every album by the Eraserheads, ranked
The Eraserheads' 1995 record Cutterpillow features the tracks 'Superproxy,' 'Huwag Mo Nang Itanong,' 'Torpedo,' 'Overdrive, and 'Ang Huling El Bimbo.'
Linya-Linya previously released an exclusive shirt for the Itchyworms' 20th anniversary.
You can pick up the Cutterpillow tribute shirt here for PHP 799.
Stream Cutterpillow below.


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Denki are delighted to announce the launch of Save the Day, their new arcade Save 'Em Up game. The follow up to the award-winning, acclaim-grabbing word game, Quarrel, Save the Day is a modern twitch arcade game with a difference; it's a console game built in HTML5 and fully playable in the browser.
It is the last point which Denki are particularly proud of, as Producer, Sean Taylor, explains: "A lot of platforms, engines and developers talk about aiming to deliver console gaming experiences in the browser but - to date - few have delivered. We see Save the Day as a benchmark, proof that you can make a browser game which not only looks like it belongs on XBLA or PSN but plays like it too. Kudos to the guys at Turbulenz, some doubted their HTML5 gaming engine could deliver genuine console quality experiences but I believe Save the Day is proof that it can."
Of the game itself, Taylor says: "Save the Day takes the familiarity of a classic twitch arcade game and makes it fresh and vital again, turning the classic Shoot 'Em Up concept on its head to make the game about saving rather than slaughtering."
Save the Day Features
Save the Day is free to play on the:
Save the Day is fully playable on Windows, Mac and Linux machines on all major browsers.
Save the Day Screenshots:
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Westford, USA, Sept. 05, 2022 (GLOBE NEWSWIRE) — Crypto-trade is booming and this isn’t stunning because the variety of buyers and merchants within the crypto ATM market retains on rising. Among the many many advantages that cryptocurrency buying and selling has to supply, one of many key ones is its potential to scale back transaction charges. And that is the place crypto ATMs are available, as they can help you convert money into numerous cryptos hassle-free.
Crypto ATM development is being propelled by various elements. Chief amongst them is the big and quickly rising crypto market. As bitcoin and different cryptocurrencies proceed to develop in worth, extra persons are starting to discover their choices for purchasing and promoting them.
Different elements driving development in crypto ATM embrace regulatory uncertainty surrounding cryptocurrencies, which is creating a possibility for suppliers of those machines to increase into new crypto ATM markets. Moreover, the appearance of blockchain know-how has created alternatives for brand new purposes that may be constructed utilizing crypto property. This contains use instances akin to fee platforms and sensible contracts. Consequently, suppliers of those machines are increasing their operations into new markets in an effort to capitalize on this rising pattern.
Get pattern copy of this report:
Over 39,000 Crypto ATMs are Current Throughout the Globe and the Quantity is Increasing at Staggering CAGR of 45%
As of August 2022, there are greater than 39,000 crypto ATMS across the globe out of which the US and Canada are residence to over 90% of the worldwide crypto accounting for over 34,400 and 2552, respectively. In truth, over 20,000 ATMs have been added throughout the worldwide crypto ATM market in simply 1 yr. The most recent location so as to add onto this checklist is Singapore. Town state is residence to a staggering variety of ATMs bearing the names of well-liked digital tokens akin to Bitcoin, Ethereum and Litecoin. In truth, there are actually greater than 20 operational ATMs in Singapore that enable customers to transform their cryptocurrencies into native currencies like SGD and USD. Other than this, Hong Kong has over 148 bitcoin ATMs. India turn into the newest nation to put in 2 crypto ATM in August 2022.
In response to SkyQuest research on international crypto ATM market, the operators of those machines say they hope this initiative will result in elevated curiosity within the underlying blockchain know-how and immediate extra folks to discover the potential advantages of cryptocurrency possession. “We’re excited to push the envelope in bringing handy and reasonably priced entry to cryptocurrency for our prospects,” stated Ivan Poon, managing director of Chaintech Worldwide Pte Ltd, one of many operators of the crypto ATM community in Singapore. Nonetheless, the Singapore authorities has began crackdown of crypto ATM and Shutting them down since January 2022.
Speedy Fall of Cryptocurrency Market has Slowed Set up of New Crypto ATM, Says Analyst at SkyQuest
Globally, greater than 39,000 crypto ATMs are put in and greater than 20,000 of them got here in 2021 within the international crypto ATM market. Nonetheless, since then, solely 5,000 new ATMs are put in within the yr 2022 because the cryptocurrency market has undergone a speedy fall, resulting in a lower within the variety of crypto ATMs put in around the globe. In response to knowledge from Coinmap, as of January 2022, there have been 1,029 crypto ATMs put in globally. Nonetheless, this quantity has since decreased by considerably and 4,012 new crypto ATMs are added within the span of seven months thereafter.
Though there are a couple of doable causes for this lower within the variety of crypto ATMs being put in, one of many principal elements could possibly be the autumn within the worth of cryptocurrencies. As an example, on the time of scripting this PR, Bitcoin has eroded over 56% of its valuation in only one yr. Since most ATMs require customers to deposit fiat foreign money with a purpose to withdraw cryptocurrencies, a rise or lower within the worth of cryptocurrencies may result in an total decline or enhance within the variety of installations respectively within the crypto ATM market.
One other potential purpose for this lower within the variety of crypto ATMs is because of elevated regulatory scrutiny. Earlier this yr, many governments around the globe started to take a stricter stance on cryptocurrencies and their related actions. This stricter stance could lead on operators within the international crypto ATM market to determine that it’s not price putting in them in sure places as a result of excessive stage of danger concerned. As an example, Singapore as soon as thought-about a crypto pleasant nation has already began crypto ATM in January 2022. Consequently, ATM operators are hesitating to put in new machine within the nation.
Browse abstract of the report and Full Desk of Contents (ToC):
Crypto ATM operators are struggling to maintain up with a surge in demand, and a few have even gone out of enterprise. As well as, various hospitals and casinos have additionally stopped putting in crypto ATMs, as they don’t make sufficient cash from them. Recognition is especially as a result of booming worth of cryptocurrencies akin to bitcoin and Ethereum. However as soon as the worth of cryptocurrencies drops, so does the income from crypto ATMs.
Regardless of these challenges, there are nonetheless various crypto ATM operators within the international crypto ATM market who’re assured concerning the long-term prospects for this know-how. Barry Silbert, the founder and CEO of Digital Forex Group, commented on the autumn in worth of cryptocurrencies: “The expertise of 2018 will assist inform future innovation and regulation on this new digital asset class. This Wasn’t speculated to be simple or good from day one.”
SkyQuest has printed a report on international crypto ATM market and offered an in depth evaluation of worldwide set up of crypto ATM, elements driving its development, risk, alternatives, and tendencies. Other than this, the report supplies deeper insights about present authorities rules, and its impression on ATM operators.
Latest Developments in International Crypto ATM Market
- In August 2022, BitBase introduced to open a Crypto ATM in Venezuela
- In August 2022, BleepingComputer suffered assaults by hackers and stole cryptocurrency of shoppers and siphoned the deposits or buy to their account by exploiting zero-day bug
- In August 2022, Bitcoin Depot, world’s largest participant in crypto ATM market, introduced to go public by SPAC deal. The acquisition worth was stood at over $885 million
- In August 2022, a crypto ATM was put in in Japan after 4 years
- In August 2022, two crypto ATM have been put in in Delhi and Gugugram, India
- In January 2022, Singapore began shutting down crypto ATM
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Prime Gamers in International Crypto ATM Market
- Basic Bytes (Czech Republic)
- Genesis Coin (US)
- Lamassu (UK)
- COVAULT (US)
- Bitaccess (Canada)
- Coinme (US)
- Coinsource (US)
- Bitxatm (German)
- Orderbob (Austria)
- RUSbit (Russia)
- Bitcoin Depot (US)
- Bitstop (US)
- Money Cloud, Inc (US)
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Rockford and Machesney Park Meijer Stores Opening on Tuesday, 500 People Hired
Tuesday is the official opening date of two Stateline Meijer stores.
WIFR-TV is reporting that Meijer will be opening its new locations in Machensey Park and Rockford tomorrow.
Doors will officially open at 7 a.m. Meijer executives and local business leaders will participate in the official ribbon cutting ceremonies.
Meijer spokesman Joe Hirschmugl told The Rockford Register Star
We are entirely on track. It should be pretty great.
Meijer is based in Grand Rapids, Michigan. More than 500 people have been hired to work at the Rockford and Machesney locations.
The Grand opening throughout the day. The grand opening of the locations will be Thursday, May 21st.


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ORLANDO, Fla. — The Orlando Solar Bears are excited to announce the return of the team’s annual Food Festival presented by Publix, which will take place this Saturday, January 21 from 4-6:30 p.m. prior to the team’s 7 p.m. game that evening against the Greenville Swamp Rabbits at the AdventHealth Rink at Amway Center. The Food Festival will take place on Church Street in front of Amway Center.
The following list of vendors will be participating in this year's Food Fest:
Barnie’s CoffeeBlack Brew Bros CoffeeBolayCapital TacosCholo DogsDano’s Dangerous TequilaICEBAR ORLANDOIsland Wing CompanyIvanhoe Park Brewing Co.Levy Restaurants (On-Site Cash Bar for additional drink purchases)MX TacoPDQPink WhitneyPizza HutPlanet SmoothiePortillo’sPublixQdobaRed Panda NoodleRita’s Italian IceSonny’s BBQTijuana FlatsWalk-On’s
To gain entry to the Food Festival, fans must present a valid event ticket and ticket for the Solar Bears vs. Swamp Rabbits game. Fans can purchase a ticket for the Food Festival and Solar Bears game by visiting orlandosolarbearshockey.com/foodfest.


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Company set to branch out to Turks & Caicos, western New Providence
An estimated $2 million is said to represent the New Providence expansion of the Outback Steakhouse brand, which is also opening a branch in the Turks and Caicos Islands.
The new location will follow the August 20 opening of the company’s expansion into the Turks and Caicos.
“We’ve been hard at work over the last year to bring the brand into the Turks and Caicos,” said Christopher Mortimer, president and chief executive officer (CEO) of Outback
“We’re very excited about the progress we’ve made and are looking forward to a successful launch later this month.”
Construction will begin this fall on Outback Bahamas’ western New Providence location, with an unveiling set for Mother’s Day 2019.
“Over the next several months, residents in the west will get to see the new restaurant take shape from the ground up,” he explained.
“We are so happy to be able to give our customers who live in western New Providence, the great food, great price and service which they have come to know and love, a little closer to home”.
According to Mortimer, the New Providence expansion will create hundreds of jobs in both the construction and post-construction phases.
“The country’s current economic environment is without question the most difficult to face Bahamian businesses in recent years,” he said.
“In this age, where many businesses have found it difficult to stay afloat, we’re happy to have the support of the local community”.
Since July 2013, the Outback Steakhouse brand has been serving up Australian-inspired food favorites with a Bahamian twist.
Through the continued support of its loyal customer base, the company said it has continued to “bloom”, offering its customers a superior dining experience in a safe and family-friendly environment.


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BENGALURU: Paytm is leading a $15 million (around Rs 100 crore) investment in business-to-business (B2B) food-tech firm HungerBox, a person directly aware of the matter said. The Bengaluru-based startup digitises and manages corporate cafeteria operations, undertakes food safety and compliance, and manages vendors on its platform.
HungerBox's existing investors--South Korea's Neoplux, private equity fund The Sabre Partners, and Singapore
’s Lionrock Capital are also expected to participate in this funding.
Paytm's investment in the B2B food-tech startup comes long after it considered investing in some of the consumer-faced food delivery companies earlier. Incidentally, late last year, Zomato
acquired B2B food-tech startup Tonguestun Food, which aggregates caterers and restaurants for office canteens.
"This space is attractive and the company (HungerBox) has grown over three times in the last one year," a person aware of the investment talks said. Prior to this, the company has raised around $ 7 million so far. Unlike the consumer-focused food delivery companies, margins are much thicker in the B2B business.
Both HungerBox and Paytm declined to comment on TOI's query on this investment.
HungerBox is present across 11 cities with a daily transaction of over 4 lakh orders. It has over 1,100 vendors and more than 100 corporate clients on its platform. Started by Sandipan Mitra and Uttam Kumar in 2016, it works with entities like Accenture
, Capgemini, Tata Motors
Zomato is integrated on Paytm’s app and HungerBox too could be integrated on the Noida-based company's platform, once the transaction officially closes.


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Amazon today made quite the leap in its war with Netflix after beginning to allow both iOS and Android users to download movies and TV shows to their devices for offline viewing. Before today, streaming was the only way to enjoy content via Amazon Prime.
The Instant Video app from Amazon released earlier this year for those on iPad, but today, the service reaches out to those running an iPhone or iPod touch thanks to an update. With the larger Cupertino iOS devices unarguably superior when it comes to watching streaming content, it's only natural Amazon felt it best to launch the iPad version first, but now, the app has been made universal; details after the break.
Microsoft's Xbox 360 has received yet another shot in the arm, with a new player coming online in the instant content streaming portion of the console's developing world. Having already outed a PlayStation 3 app, Amazon has now seen fit to bring Xbox 360 owners under its wing, allowing those with both an Xbox LIVE Gold account as well as an Amazon Prime subscription to stream movies and TV shows instantly.


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For the first time, Facebook surpassed Google in the US to become the most-visited website of the week, accounting for 7.07% of US Internet traffic in the week ended March 13, 2010, up 185% from the same period a year earlier, according to Experian's Hitwise Intelligence.
Google accounted for 7.03% of US Internet traffic during the week, up 9% from the same period a last year.
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Clue: Truely American
Clue: OCEAN CREATURE ACTION
Wrong Guess: Somebody opening up stapler and putting staples in it
Brantley Gilbert stopped by @ Y100 Live, powered by Manrique Custom Vision, to play some new songs for a special group of My Y100 App users.
While many chain restaurants are rushing to add the bacon to everything, one is dropping it. Chipotle Mexican Grill is phasing bacon out of its pinto beans, according to the website Consumerist. “We are phasing in a new bacon-less pinto bean recipe around the country. In testing some recipes, we ...
Meet Jackie Braun, America’s favorite doughnut maker. Until a couple weeks ago, the 37-year-old woman was a decidedly un-famous manager at an Austin, Texas, Krispy Kreme store. She loved decorating doughnuts and serving the regulars she’s seen for years. Then came Jia Jiang, a hidden camera, a 2.6 million-hit YouTube ...
Aykroyd's House of Blues, celebrities are making their mark on the California culinary world.


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Apple dials up trouble for iPhone
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Apple (AAPL) shareholders should be worried. It used to be a button-down, tight-lipped secretive company. Those days are gone. It’s now so transparent it’s verging on the pathetic.
Maybe you’ve heard the news. According to the Wall Street Journal, with the exception of removing the headphone jack, the iPhone 7, due in September, will be a rehash of the iPhone 6 designs the company has been showing for the past two years.
While taking away a standardized headphone jack has whipped some Apple devotees into a hissy fit, that’s not why investors should worry. It’s the other part of the controlled news leak that’s bothersome. In addition to maintaining the iPhone 6 design and removing the 3.5mm headphone jack for better water-proofing, the Journal argues that iPhone 8, due in September 2017, is going to be absolutely, can’t-live-without awesome.
Take a sober moment and think about that. Through a controlled leak to the most important business paper in the world, Apple is telling customers and analysts the next iPhone is going to be a disappointment, something you can and should live without because the one after that, iPhone 8, is going to be amazing. They’re lowering expectations, perhaps drastically so. They’re also setting up a comeback narrative with the magical iPhone 8. There’s just one big problem: That device is more than a year away, a lifetime in technology years.
So in the interim Apple is likely to talk more about how great its services business is. It’s true Apple Music has swollen to 15 million paid subscribers – although it would be interesting to see just how many of those new customers simply forgot to tell Apple they wanted to cancel after the free trial period. Unlike the opt-in policy Apple is using for its planned-developer subscription model, it uses an opt-out model for its own services. So if you forget to tell them to cancel, you’re stuck, at least for a month. Apple may even talk about how customers have been drawn to its phone subscriptions. You know, the plans where Apple loans customers money to buy its phones every year? It’s sort of like bribing your kids with pizza if they’ll spend the afternoon with Grandma. You get the desired outcome, but it costs.
Of course, we’re being promised iPhone 8 is going to be worth the wait. From all of the controlled leaks , it will have a beautiful, curved super-AMOLED screen with a glass back and sturdy metal frame. It should have the latest chipsets, fastest memory on the market and wireless charging. It will be a specification beast. If you’re reading through the list of goodies and thinking, finally Apple is stepping up its game, well, there’s a slight problem. We know the gorgeous curved screen is going to be made by Samsung, and there will probably superfast memory as well.
The thing is that Samsung already debuted that snappy kit in its own well-received Galaxy Edge lineup – in 2015. In 2016, it added waterproofing and Samsung didn’t have to remove the headphone jack. In fact, the wonder device Apple is leaking for “8″ – the one you’re not going to be able to live without – sounds a lot like those Samsungs. Who knows, by the fall of 2017 it might sound like the latest Xiaomis, Hauweis and LGs too.
The bottom line is that Apple is trying to create a narrative that no longer reflects reality. Depressing iPhone 7 sales to create favorable comparisons for IPhone 8 will not change the fact the smartphone market is saturated. Nor will it change the fact that software, not hardware, is likely to play a bigger role in future sales. Apple is missing the next phase in mobile right now, and it doesn’t want investors to realize until it’s too late.
About Jon Markman: A pioneer in the development of stock-rating systems and screening software, Jon Markman is co-inventor on two Microsoft patents and author of the bestselling books The New Day Trader Advantage, Swing Trading and Online Investing, as well as the annotated edition of Reminiscences of a Stock Operator. He was portfolio manager and senior investment strategist at a multi-strategy hedge fund from 2002 to 2005; managing editor and columnist at CNBC on MSN Money from 1997 to 2002; and an editor, investments columnist and investigative reporter at the Los Angeles Times from 1984 to 1997.
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Too often the biggest barrier to exports of agricultural goods are health and inspection regimes in destination countries. One of our main efforts involves trying to develop the market to China and other countries and that is why the Department for Environment, Food and Rural Affairs has been working closely with Department of Agriculture and Rural Development officials and industry to collate information and to address any concerns from destination countries, hopefully cutting out the delays in gaining export health certificates for Northern Ireland suppliers.
Does the Minister agree that although getting an export licence and getting approvals for Northern Ireland food produce already takes too long, the wait for Northern Ireland farmers would become ever longer if we were to leave the European Union and had to renegotiate our trade relationships with some of our nearest neighbours within the European common market?
It is certainly in the interest of Northern Ireland farmers and all farmers across the European Union that they have access to new markets across the rest of the world. That is one reason why my right hon. Friend the Secretary of State for Environment, Food and Rural Affairs is, as we speak, in Washington lobbying hard for more access for UK farmers to sell their beef into the United States. We should recognise that the United Kingdom can do it, but if we do it alongside the EU in things such as the EU-US trade treaty we will gain more markets for our farmers and they will go from strength to strength.
The Minister will know that one obstacle for the agri-food sector, especially the meat industry, is BSE and swine flu certificates. Will he ensure that his Department works hard with the veterinary division to achieve that? We sometimes put all our eggs in one basket with China, but there are many other countries out there with which we can do business.
I totally agree with the hon. Gentleman. He is right. That is why, as I said earlier, the Secretary of State for Environment, Food and Rural Affairs is in America, trying to get the BSE legacy issues removed so that we can access American markets to sell our beef, which will be great for our beef price. We need to learn from the Republic of Ireland, which has managed to forge ahead with milk exports around the world, which is why it has a better milk price than our dairy farmers.


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The Motor & Equipment Manufacturers Association (MEMA) and Messe Frankfurt recently announced the launch of “Connected Mobility,” a new event focused on technology and sustainability trends impacting the future of the transportation industry. The conference, exhibits and a Ride ’n’ Drive event will be held Oct. 26-28 at the Santa Clara Convention Center in Santa Clara, California.
The conference will be a multi-day event comprised of 10 panels and four executive-level keynote presentations, along with ample networking opportunities discussing tomorrow’s developments in eMobility, iMobility and the critical issues and concepts centered around the future of global transportation. Attendees also can take part in a hands-on experience with dynamic exhibits and demonstrations during a half-day Ride ’n’ Drive at the Mazda Raceway Laguna Seca. Current and future automotive technologies will come to life as participants interact with applications in and on actual vehicles.
“As an advocate for the motor vehicle industry, MEMA is excited for the opportunity to join forces with Messe Frankfurt to produce this thought-provoking conference,” said Steve Handschuh, president and CEO of MEMA. “Recognizing the rapid deployment of technology in today’s marketplace and its impact on the automotive industry reinforces the necessity for a platform for dialogue that connects industry stake holders.”
“The Connected Mobility conference will strengthen the market for automotive technologies and provide new avenues of discussion among today’s thought leaders. It is a forum for companies committed to the future of transportation and focuses on ideas and trends that move the market forward,” added Dennis Smith, president, Messe Frankfurt Inc. “This objective is significantly enhanced by our cooperation with MEMA.”
Connected Mobility is supported by various entities including the California Governor’s Office of Business and Economic Development, leading industry organizations such as the Electric Drive Transportation Association (EDTA) and the C3 Group.
For more information, visit: ConnectedMobilityUSA.com.


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Street MoMos hosts grand opening in downtown Oshawa
Published February 25, 2022 at 2:39 pm
Street MoMo held its grand opening of its Oshawa restaurant February 24 at 19 Simcoe Street South.
The “real food, real taste” of Nepalese and Asian cuisine – courtesy of Chef Rajan – is now open in the city’s downtown and local dignitaries and few lovers of Nepalese, Indian and Thai food were on hand to help him celebrate.
The Oshawa location is the third Chef Rajan has opened since his arrival in Canada a decade ago, following restaurants in Scarborough and Whitby.
Signature dishes include starters like Tom Yum Soup, Mango Salad and Crab Rangoon; several types of momos, from Tandoori to Steamed; popular Indian dishes like Butter Chicken and Paneer Tikka; and vegetable options, such as Aloo Gobhi Masala (florets of cauliflower prepared with potatoes, peas, onions, tomatoes spices and garnished with cashew nuts) and Chan Masala.
Momo, a Nepali word, means ‘dumpling’ in English.
Street MoMo is open 11:30-9:30 Monday to Saturday and 2-9 on Sundays. For more information call (905) 404-9199 or visit https://www.streetmomo.ca/
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Fashionable and productive, stylish Junior League Fashion Show committee gals are (from left) Katie Montgomery Mears, Jennifer LeGrand Howard, Jennifer Scheifley Roberts, Mary Margaret “Mimi” Fraser Foerster, Shannon Beirne Wiesedeppe, Abby Swalick Khatiblou and Mary Catherine Sharman Sears.
Take your pick of fringe, lace and full sleeves. Add a high collar and an edgy smirk, and your outfit is complete. That was the prediction for fall fashion at The Junior League of Houston Opening Fashion Show, where members as models wore stylish Tootsies threads. Fady Armanious, creative director of Tootsies, excited the crowd with “Fady’s Fall Faves,” when he brought out a handful of blouses and skirts to demonstrate. JLH president Mary Margaret “Mimi” Fraser Foerster and chairs Maidie Ryan and Tanya Galny Smalling were pleased to see 261 turn out for lunch despite the torrential morning rains. Pat Cummings was ecstatic to win a Tootsies gift card for knowing 10 fashion trends. Slightly more were at the dinner show. Nancy Levicki, founder of Dress for Success, inspired the gals and added, “A smile really is your best accessory!” In the crowd were Shannon Beirne Wiesedeppe, Katie Montgomery Mears, Shelley Taylor Ludwick, Anne Aziz, Bethany Buchanan, Lauren Mills, Whitney Walsh, Jana Phillips, Abigail Swalick Khatiblou, Jennifer Scheifley Roberts, Katie Montgomery Mears, Jennifer LeGrand Howard and Mary Catherine Sears.


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Punch Jump Week Recap. Stories include:
Sales for the PS3 160GB SKU moved up this week after a discount at Amazon.com. Both the 80GB and 160GB SKUs were price cut this week.
Infamous this week ranked in the top five sales at retail. The title will be released in late May.
Sales for Microsoft Corp.'s Xbox 360 ranked last in overall Japan retail hardware data.
Bethesda Softworks this week said it will release new DLC product for Fallout 3. New content includes Point Lookout and Mothership Zeta.
Nintendo DSi sales held above Sony's PSP in the latest Japan charts.
Nintendo this week released a new wave of DSiWare, WiiWare, and Virtual Console titles.


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Yahoo! (YHOO) this afternoon reported Q4 revenue in line with analysts' expectations, and EPS that easily surpassed expectations, but the forecast for Ebitda this quarter looks a tad light, and it's possible growth at the Alibaba business in which Yahoo! holds a stake was not what investors had been hoping for.
Revenue in the three months ended in December fell 2%, year over year, to $1.2 billion, excluding the cost of traffic acquisition, or TAC, yielding EPS of 46 cents.
Analysts, on average, had been modeling $1.2 billion and 38 cents.
Adjusted Ebitda fell by 6% to $478 million, the company said.
Display ad revenue in the quarter declined 6%, year over year, to $491 million, excluding TAC. Number of ads sold rose by 3%, while the price per ad fell by 7%, year over year.
Search ad revenue rose 8%, year over year, to $461 million, excluding TAC. The number of "paid clicks" rose by 17%, Yahoo! said, while the "cost per click" fell by 3%.
For the current quarter, the company said in a separate deck of slides it sees revenue in a range of $1.06 to $1.1 billion, which is in line with consensus for $1.08 billion. The company sees adjusted Ebitda this quarter in a range of $290 million to $330 million, which may be viewed as being light of a consensus for $364 million given by FactSet.
Yahoo! shares are up 78 cents, or 2%, at $39, in late trading.
Yahoo! management will host a conference call with analysts at 5 pm, Eastern time, this evening, and you can catch a webcast of it on the company's investor relations Web page.
Update: The shares have reversed course and are now down $1.64, or over 4%, at $36.58, and were briefly down as much as 6%. That may have to do with results for Alibaba Group Holding, in which Yahoo! holds a minority stake, for last quarter.
The company in the slide deck stated that Alibaba's revenue in the prior quarter (the period July through September) rose 51% to $1.78 billion.
Update 2: In a note to clients out just now, Citigroup's Mark May notes that the $1.78 billion in revenue from Alibaba was below his own projection of $1.82 billion, and below the "most bullish" estimates for $1.89 billion. He also views the forecast range of Ebitda this quarter as "significantly lower than consensus."