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by Mina Johnson
Scripps Networks Interactive (NYSE: SNI) is widely known for its developments in television and Internent content that are centered around our daily lifestyles. Scripps Networks Interactive brings to consumer’s homes information related to travel, food, home, and entertainment whenever and wherever it is wanted. SNI provides on-air programs as well as online video sites and social media networking sites. The company’s media components include HGTV, Food Network, Travel Channel, Cooking Channel, DIY Network, and the Great American Country Network.
To jumpstart the new year, Scripps Networks Interactive acquired RealGravity Inc., a media-based company that focuses on online video publishing techniques . Following this acquisition, SNI’s Food Network reported a record-breaking January. It became the highest rated and most-watched month in network history, increasing their ratings by 40 percent. The first month of 2012 also brought with it 1.4 million P2+ viewers, an increase of 25 percent from last year. Furthermore, according to Nielsen Media Research, Food Network ranked 7th in cable prime ratings among ad-supported networks.
On February 16, 2012, Scripps Networks Interactive announced its board of directors’ decision to increase its quarterly dividend rate by two cents. The 12 cents dividend was made payable on March 9.
At the end of February, Scripps Networks Interactive was engaging in active discussions regarding distributing their content online. Lori Hickok, SNI’s Executive Vice President of Finance, stated that if and when the content goes digital, it will be divided into three categories: authenticated platforms from traditional MSO partners, direct-to-consumer offerings in the lifestyle category, and licensing agreements with the likes of Netflix Inc., Amazon.com Inc. and Hulu LLC.
For years, SNI has pitched the idea that advertising to its highly engaged, high-income audiences would surely result in sales. Finally, in March of this year, Scripps Networks Interactive stated they have the proof that its network brings in cash.
The data exhibits that the list of networks with viewers in the 25-54-year-old demo with the highest “discretionary spend” on non-essential products and services was headed by three Scripps networks in the top four spots. HGTV landed on top with an average of $16,486 per viewer per year. DIY was third with $14,931 and Food fourth with $14,826. As a group, the Scripps networks averaged a top-ranking $15,079 in discretionary spending per viewer annually.
SNI’s network HGTV announced on March 19 that HGTV Magazine’s  June/July issue will officially be on newsstands this May. This home lifestyle publication will be produced with the help of Hearst Magazines. A test issue of the magazine went out in October of 2011, followed by another in January 2012. The magazine generated a rate base of 450,000, one of the largest consumer magazine launches of the past decade.
On March 22, news broke that Scripps Networks Interactive acquired rights to Travel Channel International. TCI is an independent company in the United Kingdom that distributes the Travel Channel brand in 20 languages across the globe. Scripps Networks Interactive will pay 65 million Euros to obtain TCI and pending regulatory approval, the deal is set to be completed in the second quarter of 2012. “Scripps Networks Interactive is the natural home for Travel Channel International,” said Richard Wolfe, Chief Executive of TCI. “Combining TCI’s reach and resources in our territories with those of SNI’s U.S. Travel Channel creates a new worldwide brand with powerful synergies in programming and advertising.”
On March 29, 2012, A.B. Cruz stepped down from his position at SNI as chief legal officer and corporate secretary where he has served for eight years. Cruz stepped down so he can devote greater efforts towards the company’s government affairs as well as to allow more time to fulfill his responsibilities as a rear admiral in the U.S. Navy Reserve. Cruz states, “I look forward to my continued association with the company and am grateful for its support and encouragement as I meet the growing responsibilities of my military service.”
Scripps Networks Interactive declared that the company will report first quarter 2012 operating results before the market opens on May 3rd. The conference call can be seen through a webcast on the company’s website or by telephone. Also, a replay of the conference call will be available online roughly four hours after the call.  Analysts at Wall St. are predicting $519.2 million in revenue for the quarter and $2.26 billion for the year. Hopefully these upcoming months for SNI supports these predictions.
Wanting to shed their image of extensive and early upfront events, Scripps Networks Interactive decided to do things differently this year. The company rented a larger venue and decided on a streamlined breakdown. After the 90-minute presentation, attendees said the networks together have 30 new or so returning shows.
Scripps Networks Interactive announced its most recent news before the upfront presentation began. Travel America on the Travel Channel will run for one week in May. The channel will also unveil seven strong series this summer, which were emphasized during the upfront. Additionally, HGTV, which is usually sponsored to the max by ads, prefers product integrations and promotions to traditional spots.
Food Network, one of Scripps Networks Interactive’s most successful networks, has created a service that allows people to make restaurant reservations online. The website is called CityEats, displays the Food Network logo, and already operates on a small scale in the nation’s capital and Philadelphia, PA. CityEats only has about 130 restaurants so far but Food Network and SNI have high hopes for the future of this service.
In other Food Network news, the network has strayed from its simple digital strategy and released a cookbook app revolving around one of the most beloved desserts: cupcakes! The iPad app, which is available for $2.99 at the iTunes store, contains photographs and videos enabling users to become the baker they have always wanted to be. The consensus is that the app is easy to navigate through and has a plentiful number of recipes. Some of the recipes have come from network personalities like Alton Brown, while other are from the popular competition show, Cupcake Wars.
Last month, Travel Channel also created an app that sells for $1.99. Called “Travel Channel Layover Guide with Anthony Bourdain,” this is the network’s first ever travel guide app. Designed to help users, “create their own Bourdain-inspired excursions,” the app includes content from Anthony Bourdain’s: No Reservations, and provides tools for finding awesome spots in layover cities. The goal of this app is to promote travelling to new places as well as “checking in” to these places via social media sites, promoting the brand in the process.
Not only did SNI’s Food Network have a record breaking January, but recent news states that it just recorded its best April in network history. Chopped All-Stars, which airs on Sunday nights, increased by 98% versus the same 2011 time-slot. Daytime programming also added to the success with popular shows such as Pioneer Woman and Sandwich King.
 NYSE: SNI. (2012, January 31). Scripps Networks Interactive acquires RealGravity Inc. Retrieved April 22, 2012.
 (2012, February 1). Food Network’s January Is Highest-Rates, Most-Watched Month In Network History. Retrieved April 22, 2012.
 NYSE: SNI. (2012, February 16). Scripps Networks Interactive Increases Dividend 20 Percent. Retrieved April 22, 2012.
 James, S. B. (2012 ,February 28). Scripps Networks Interactive in ‘Active Discussions’ for Digital Distribution. Retrieved April 22, 2012.
 Lafayette, J. (2012, March 19). Scripps Networks Interactive Viewer Spending Claims Are on the Money. Retrieved April 22, 2012.
 (2012, March 19). HGTV Magazine to Officially Launch With June/July 2012 Issue. Retrieved April 24, 2012.
 NYSE: SNI. (2012, March 22). Scripps Networks Interactive to acquire Travel Channel International. Retrieved April 22, 2012.
 NYSE: SNI. (2012, March 29). Cruz stepping down as chief legal officer at Scripps Networks Interactive. Retrieved April 26, 2012
 NYSE: SNI. (2012, April 19). Scripps Networks Interactive to report first quarter results. Retrieved April 22, 2012.
 Thielman, S. (2012, April 25). Scripps Goes Big With 2012 Upfront Presentation. Retrieved April 26, 2012.
 Ramachandran, S. (2012, April 15). Food Networks New Side Dish. Retrieved April 26, 2012.
 Fitchard, K. (2012, April 20). Cupcakes! Food Network builds an interactive cookbook. Retrieved April 26, 2012.
 (2012, May 1). Food Network Has Highest-Rated, Most-Watched April Ever. Retrieved May 1, 2012.


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Storage Post Self Storage Hires VP to Assist with 'Brand Cohesion'
Storage Post Self Storage has hired Bill Marsh as vice president of real estate. Marsh will focus on repositioning existing locations as well as developing new sites for the company. He will concentrate on improving store visibility and the customer experience, company officials said. Headquartered

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Bank of America, the lender that is second-largest the U.S., has authorized the trading of bitcoin (BTC, -0.99%) futures for a few customers, in accordance with two different people with familiarity with the situation whom talked on condition of privacy.
The lender happens to be conservative in its way of the crypto sector, but as a result of wide range of margin needed to trade the futures, it's now enabling some customers to gain access to the crypto market, among the sources stated like the majority of organizations. Some customers are establishing to trade bitcoin futures, that are money settled, and another or two might have currently gone real time, one other supply stated.
Lots of investment banking institutions are apparently consumers which are permitting spend money on crypto items. The investment bank began investing bitcoin futures in block trades through Chicago Mercantile Exchange (CME) Group, making use of Cumberland DRW as the trading partner in March, Goldman Sachs confirmed intends to relaunch its cryptocurrency trading desk after having a three-year hiatus, plus in might. Bank of America will likely be making use of CME additionally futures, in accordance with among the sources.
Bank of America declined to comment.
Early in the day this thirty days, it emerged that the Charlotte, N.C.-based bank had developed a group focused on investigating cryptocurrencies and associated technologies. In 2018, Bank of America blocked advisers being economic consumers from trading in bitcoin-related assets but that policy has changed.
Browse more: Bitcoin Futures’ Open Interest Drops More Than Half in 2 Months
CME bitcoin futures had been launched in 2017. In-may, the CME established its “Micro Bitcoin” futures items so that they can capitalize on bitcoin’s price rally.
Earlier in the day this present year, CME took the prime i'm all over this record regarding the bitcoin futures being biggest trading platforms, showing a continued increase in institutional involvement.
The full total interest that is available the bitcoin futures marketplace is sitting at $11.3 billion, down 59percent from the April 13 top of $27.3 billion, in accordance with Arcane analysis.


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Organic sector petitions USDA for organic check-off
In a groundbreaking move for the nation's organic sector, the Organic Trade Association (OTA), in collaboration with the GRO Organic Core Committee, formally petitioned the US Department of Agriculture (USDA) to begin steps to conduct a vote on and implement a research and promotion check-off program for the organic industry.
OTA's action reflects three years of dialogue with the entire organic sector and comes 25 years after Congress authorized USDA's National Organic Program. Marking the first time in the 49-year history of US agricultural check-off programs that organic could be recognized as a distinct commodity class based on production practices, it could have significant and game-changing ramifications for the burgeoning organic sector. Unlike any other check-off program, the proposed organic check-off has been designed to solve what hasn't worked in other research and promotion programs, emphasizes what has worked, and creates an innovative program tailor-made for organic.
"The organic industry in America is thriving and maturing, but it is at a critical juncture," said Laura Batcha, CEO and Executive Director of OTA. "Many consumers remain unaware of what that organic seal really means. Organic production in this country is not keeping pace with the robust demand. An organic check-off program would give organic stakeholders the opportunity to collectively invest in research, build domestic supply and communicate the value of the organic brand to advance the entire industry to a new level."
The proposal estimates the organic check-off, referred to as GRO Organic (Generic Research and Promotion Order for Organic), could raise over US$30 million a year to advance the organic sector. Rooted in a strong focus on research to make farmers successful and technical services to accelerate the adoption of organic practices, the proposed program is designed to address organic's most pressing needs. More information can be found here and here.
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ALLENDALE, S.C. (FOX 35 ORLANDO) - A 6-year-old boy with a huge heart gave up his vacation to Disney World to help feed evacuees during Hurricane Dorian.
Jermaine Bell turns 7-years-old on Sept. 8 and his parents had been saving up money to take him on a dream vacation to Disney World in Orlando. The family is from Jacksonville, Florida, but his mother, Lauren, says that Jermaine wanted to spend the Labor Day week in South Carolina.
"Little did I know he had big plans," she wrote on Facebook.
Jermaine decided to use the vacation money to provide food for evacuees fleeing Hurricane Dorian. He set up a stand and handed out hot dogs, chips and soda to everyone who stopped by.
"The people that are traveling to go to other places, I wanted them to have some food to eat, so they can enjoy the ride to the place that they're going to stay at," Jermaine said.
His mother says she couldn't be more proud of how selfless Jermaine is at such a young age.
"He has a very big heart and all around caring spirit. It definitely makes it a birthday to remember for him."
Jermaine's mother says she plans on taking Jermaine to Disney World very soon.


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The partnership between the Assam Industries and Commerce Department and the e-commerce firm will enable the state's local artisans, weavers and craftsmen to showcase their hallmark products to millions of customers across the country.
"The Assam government and Flipkart both will focus on creating avenues to increase business and trade inclusion opportunities for these underserved segments of the society, thereby adding further thrust to the government's initiative to build a self-reliant Bharat," the company said in a statement.
The homegrown e-commerce firm has been expanding the reach of its Flipkart Samarth programme to provide market access to the artisan and weaver community across India, leveraging technology and innovation, Flipkart Group's Chief Corporate Affairs Officer Rajneesh Kumar said.
"Through this partnership, local artisans, weavers and handicraft makers will enjoy dedicated benefits under the Flipkart Samarth programme that will further boost their growth and prosperity," he said.
Industry and Commerce Minister Chandra Mohan Patowary said Assam is known for its rich, diverse and traditional heritage. "We are happy that the agreement with Flipkart will enable our local artisans and weavers to showcase their products to a wider population," he said.
Flipkart Samarth programme has been playing a significant role in building capabilities within the rural and the underserved society of the country, the company said. "The programme is today supporting the livelihood of more than 6,00,000 artisans, weavers, and micro-enterprises across India," it added.
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- Tata Trusts Opt for Endowment Funding Route
Tata Trusts are setting up endowment funding entities on the lines of the US-based Burroughs Wellcome Fund that can invest in alternative avenues, as they look to increase the amount spent on philanthropy.Adani Group CFO: Founders not Involved in Speculative Activity
Following the release of the Hindenburg Research report last week and a short-selling attack on Adani Group stocks, ₹4.2 lakh crore ($51 billion) was wiped off their market value in two trading sessions.Answers to Hindenburg’s 65 Queries in Public Domain, says Adani Group
The Adani Group on Sunday said answers to 65 of the 88 questions raised in the Hindenburg report have already been disclosed by the Adani Portfolio companies in annual reports available on their websites, offer memorandums, financial statements and stock exchange disclosures from time to time.
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Thélios to launch Dior spectacles range
The spring/summer collection will launch in January 2021
The eyewear company highlighted that the partnership with Dior is the result of “an ambitious vision” to become the recognised company for the production and distribution of high quality eyewear.
Dior’s first spring/summer range of spectacles will be launched in January 2021 and will be available in Dior stores and via Thélios.
Thélios is a joint venture between Marcolin and the luxury goods company LVMH Group, whose brands include Dior, Givenchy and Marc Jacobs.


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Cummins Books Record 2Q Profit
Cummins Inc. sailed through the second quarter of 2018 financially even as company officials are figuring out how to mitigate the possible effect of changes in federal tariffs.
Cummins officials recently released the company’s second quarter financial results, with second quarter revenues of $6.1 billion showing a 21 percent increase from the second quarter of 2017 and setting a new quarterly record. The company reported growth in most major markets as demand for trucks, construction, mining and power generation equipment all improved.
Engine segment revenues were $2.7 billion in the second quarter, an increase of 17 percent from 2017, with a 16 percent growth in on-highway sales and a 20 percent increase in off-highway revenues. Full-year engine segment revenues are expected to increase 17 to 19 percent, much more than the previous guidance of 10 to 14 percent.
“As a result of strong customer demand for our products, solid execution from our global manufacturing and supply chain teams and continued focus on cost reduction, the company delivered record quarterly sales and earnings per share in the second quarter,” said Tom Linebarger, Cummins Inc. president and CEO. “We are on track to deliver record full-year sales, earnings and cash flow. The company now plans to return 75 percent of operating cash flow to shareholders in the form of dividends and share repurchases in 2018, up from our previous plan to return 50 percent.”
Based on the current forecast, Cummins officials expect full-year 2018 revenues to increase 15 to 17 percent, compared to prior guidance of a 10 to 14 percent increase. The company has downgraded its projected Earnings Before Interest, Taxes, Depreciation and Amortization to the range of 14.8 to 15.2 percent of sales, down from 15.4 to 15.8 percent of sales. Company officials said that change $100 million of expense associated with trade tariffs and increased commodity costs in the second half of the year.
In response to a question from a research analyst on the company’s earnings conference call last week, Linebarger discussed the effect tariffs have on a company like Cummins that does business around the world and has a global supply chain.
“The frustrating thing about the tariffs and steel and aluminum tariffs as well, they just drive inflation. So what’s happening is, we’re just adding taxes and inflation to our cost structure, which was already inflating, given how strong the economy was,” Linebarger said. “So that’s just going to drive more cost into the business. We’ll do our best to pass that on to other people, and of course, readjusting our supply chain to deal with tariffs is frustrating, because it’s a really cost-effective and efficient supply chain. It is what it is. We’ll have to do it, but it’s a frustrating situation to be in, considering how well we’re positioned today as the manufacturer with our global supply chain.”
Linebarger also discussed the progress company officials have made since November, when they discussed several ideas to drive the company’s future growth. Cummins is acquiring Efficient Drivetrains Inc. of Milpitas, Calif. EDI develops and produces hybrid and fully electric power for commercial vehicles. Linebarger said the acquisition complements Cummins’ existing electric power train work. The acquisition is expected to be completed later this year.
Cummins is also forming a joint venture with JAC Motors in China, building on a 20-year relationship between the companies. Linebarger said the joint venture will focus on light commercial vehicles in China and global export markets. The JAC Motors venture also includes Cummins’ acquisition of Navistar’s interest in the joint venture with JAC Motors. The change in ownership will go into effect upon completion of regulatory reviews.
“We had a strong quarter and are on track for a record full-year results, extending our track record of improving performance over prior cycles and continuing to return cash to shareholders,”Linebarger said. “We are also making significant strides in executing our strategy to drive more profitable growth in the future.”


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In September 2012, Bitfloor, a bitcoin exchange, also reported being hacked, with 24,000 bitcoins (worth about US$250,000) stolen. As a result, Bitfloor suspended operations. The same month, Bitfloor resumed operations; its founder said that he reported the theft to FBI, and that he plans to repay the victims, though the time frame for repayment is unclear.
Bitcoin Trading Volume to get a Boost as Goldman Sachs Onboards Clients & with Bakkt Launch CoingapeGoldman Sachs is Signing up Customers for its Bitcoin Trading Product: Report CCNBitcoin [BTC] derivatives trading facility to be rolled out by Goldman Sachs for their clients AMBCrypto7 things to know and the best place to open a restaurant? Sorry, it's not […]
Well I haven't forgotten or forgiven you Mr Major; for the ERM debacle. I suffered 2 years of unemployment because of that nonsence. I was 50 at the time; in those 2 years my savings, insurance and pension plans were all decimated. And because of my age I never ever got back to my previous earning or job status. I think your judgement is flawed. I voted to improve the future quality of life for my grandchildren, confident that the UK, in rejoining the whole world, is fully capable of giving them the benefits that (according to the Baby Boomer haters); we enjoyed, prior to our memebership of the ECM EEC EU etc!!
The U.S. Commodity Futures Trading Commission has issued four "Customer Advisories" for bitcoin and related investments. A July 2018 warning emphasized that trading in any cryptocurrency is often speculative, and there is a risk of theft from hacking, and fraud. A February 2018 advisory warned against investing an IRA fund into virtual currencies. A December 2017 advisory warned that virtual currencies are risky because:
Google Trends structures the chart to represent a relative search interest to the highest points in the chart. A value of 100 is the peak popularity for the term “Bitcoin” and a value of 50 means it was half as popular at that time. A score of 0 indicates that the term was less than 1% as popular as the peak. It’s amazing how the searches relating to Bitcoin have spiked in the past few years.
Regulatory Risk: Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Bitcoin mining operations take a lot of effort and power, and the sheer amount of competition makes it difficult for newcomers to enter the race and profit. A new miner would not only need to have adequate computing power and the knowledge to use it to outcompete the competition, but would also need the extensive amount of capital necessary to fund the operations.
In 2014, researchers at the University of Kentucky found "robust evidence that computer programming enthusiasts and illegal activity drive interest in bitcoin, and find limited or no support for political and investment motives". Australian researchers have estimated that 25% of all bitcoin users and 44% of all bitcoin transactions are associated with illegal activity as of April 2017. There were an estimated 24 million bitcoin users primarily using bitcoin for illegal activity. They held $8 billion worth of bitcoin, and made 36 million transactions valued at $72 billion. A group of researches analyzed bitcoin transactions in 2016 and came to a conclusion that "some recent concerns regarding the use of bitcoin for illegal transactions at the present time might be overstated".
A wallet stores the information necessary to transact bitcoins. While wallets are often described as a place to hold or store bitcoins, due to the nature of the system, bitcoins are inseparable from the blockchain transaction ledger. A better way to describe a wallet is something that "stores the digital credentials for your bitcoin holdings" and allows one to access (and spend) them. Bitcoin uses public-key cryptography, in which two cryptographic keys, one public and one private, are generated. At its most basic, a wallet is a collection of these keys.
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Venture capitalists, such as Peter Thiel's Founders Fund, which invested US$3 million in BitPay, do not purchase bitcoins themselves, but instead fund bitcoin infrastructure that provides payment systems to merchants, exchanges, wallet services, etc. In 2012, an incubator for bitcoin-focused start-ups was founded by Adam Draper, with financing help from his father, venture capitalist Tim Draper, one of the largest bitcoin holders after winning an auction of 30,000 bitcoins, at the time called "mystery buyer". The company's goal is to fund 100 bitcoin businesses within 2–3 years with $10,000 to $20,000 for a 6% stake. Investors also invest in bitcoin mining. According to a 2015 study by Paolo Tasca, bitcoin startups raised almost $1 billion in three years (Q1 2012 – Q1 2015).
In March 2013 the blockchain temporarily split into two independent chains with different rules. The two blockchains operated simultaneously for six hours, each with its own version of the transaction history. Normal operation was restored when the majority of the network downgraded to version 0.7 of the bitcoin software. The Mt. Gox exchange briefly halted bitcoin deposits and the price dropped by 23% to $37 before recovering to previous level of approximately $48 in the following hours. The US Financial Crimes Enforcement Network (FinCEN) established regulatory guidelines for "decentralized virtual currencies" such as bitcoin, classifying American bitcoin miners who sell their generated bitcoins as Money Service Businesses (MSBs), that are subject to registration or other legal obligations. In April, exchanges BitInstant and Mt. Gox experienced processing delays due to insufficient capacity resulting in the bitcoin price dropping from $266 to $76 before returning to $160 within six hours. The bitcoin price rose to $259 on 10 April, but then crashed by 83% to $45 over the next three days. On 15 May 2013, US authorities seized accounts associated with Mt. Gox after discovering it had not registered as a money transmitter with FinCEN in the US. On 23 June 2013, the US Drug Enforcement Administration (DEA) listed 11.02 bitcoins as a seized asset in a United States Department of Justice seizure notice pursuant to 21 U.S.C. § 881. This marked the first time a government agency had seized bitcoin. The FBI seized about 26,000 bitcoins in October 2013 from the dark web website Silk Road during the arrest of Ross William Ulbricht. Bitcoin's price rose to $755 on 19 November and crashed by 50% to $378 the same day. On 30 November 2013 the price reached $1,163 before starting a long-term crash, declining by 87% to $152 in January 2015. On 5 December 2013, the People's Bank of China prohibited Chinese financial institutions from using bitcoins. After the announcement, the value of bitcoins dropped, and Baidu no longer accepted bitcoins for certain services. Buying real-world goods with any virtual currency had been illegal in China since at least 2009.
With the Bitcoin price so volatile everyone is curious. Bitcoin, the category creator of blockchain technology, is the World Wide Ledger yet extremely complicated and no one definition fully encapsulates it. By analogy it is like being able to send a gold coin via email. It is a consensus network that enables a new payment system and a completely digital money.
Bitcoin and other cryptocurrencies have been identified as economic bubbles by at least eight Nobel Memorial Prize in Economic Sciences laureates, including Robert Shiller, Joseph Stiglitz, and Richard Thaler. Noted Keyensian economist Paul Krugman wrote in his New York Times column criticizing bitcoin, calling it a bubble and a fraud; and professor Nouriel Roubini of New York University called bitcoin the "mother of all bubbles." Central bankers, including former Federal Reserve Chairman Alan Greenspan, investors such as Warren Buffett, and George Soros have stated similar views, as have business executives such as Jamie Dimon and Jack Ma.
Bitcoin is the first cryptocurrency, a concept that was discussed in the late 90s. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list. The concept was presented by a person or group known as Satoshi Nakamoto. The real identity of Nakamoto has been a mystery since that time, with various theories on who the individual or group may be.


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The Central government is likely to start regulating misleading advertisements of food products that make tall claims without any scientific data to back up. Assertions like, a particular drink will make children grow taller or their memory power will get enhanced if they eat a product will be regulated.
“The Centre is introducing legislation on Food Safety and Standards to curb such claims made without scientific basis. Such claims should always be evidence-based and we are expecting the Central government to act soon,” said Director, National Institute of Nutrition (NIN), B. Sesikeran here on Tuesday.
While interacting with press persons, the NIN Director minced no words on the present day eating habits and lack of physical activity among Indians. “People come to me and say that their forefathers have eaten everything, but they lived till 80 or 90 years. The point nobody understands is that unlike the earlier generation, today public hardly take up physical activity,” Dr. Sesikeran said.
The Expert’s Thought: False advertising or deceptive advertising is the use of false or misleading statements in advertising.If you’re not going to advertise a product correctly, there’s bound to be some consumer backlash. Tough regulation is indeed important.


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Derek Jeter on Thursday bolstered his business portfolio with the launch of Arena Club – a sports card collecting platform that hopes to serve as a “bridge” between the longstanding sports card collecting hobby and the emerging world of digital sports collectibles.
Jeter has worked with Brian Lee, an avid sports card collector and the co-founder and president of LegalZoom.com and has been the managing partner of BAM Ventures since 2017. The two co-founders presented their product Thursday afternoon at Yankee Stadium.
Arena Club allows collectors to buy, sell and trade their cards on the company’s marketplace. The company also offers map review, promising to be “faster, more accurate, and more transparent.”
Collectors can have their cards sorted, pasted and returned, or the collector can have the company hold the raw card and in turn replace it with a digital card that the user can then hang in their ‘showroom’. ”
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Lee told FOX Business that he wanted to build on what was already there.
“As a collector, I’m always looking for something better and more unique that meets my needs and that was Arena Club. It’s a more transparent rating company that directs you to an online marketplace,” he said.
With a 1952 Mickey Mantle card selling for more than $12 million earlier this month, FOX Business asked Lee which card was most valuable to him in his collection. He said he didn’t look at value on a monetary basis, but explained why he loved a particular Chloe Kim card.
“The most valuable card to me is the most meaningful to me. It’s not dollar value. I told (Jeter) about this Chloe Kim card I have. It’s 1-of-1, she signed it. And it’s real cool to me because no 1 she is korean american just like me and my daughter just love her and started snowboarding and watching her so that card is extremely valuable to me” said lee.


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Hundreds of screaming fans headed to the Arndale for the official opening of a new makeup store on Saturday morning.
Fans queued around the Manchester shopping centre to see Manchester makeup artists Mmmmitchell and Paige as the social media sensations launched the new Morphe store on the ground floor.
The US make-up brand has opened its first Manchester store in the Arndale, taking over what was previously Clinton Cards, and beauty influencers Mmmitchell and Paige were thrilled to perform the official ribbon cutting.
They also held a meet and greet with 250 competition winners in their home city.
“So excited to be at the opening of the new Morphe Manchester store. So proud to have my products in the store and can’t wait to meet everyone and for them to see the products in person,” said Paige ahead of the launch.
Paige, whose full name is Paige Louise Williams, kick-started her own makeup empire with a £5,000 loan and earned £6M in her first year thanks to her cult £10 eye base which claims to keep eye shadow in place without caking or creasing.
The former Fairfield High School pupil previously worked as a cashier for MAC in Selfridges at the Trafford Centre.
The makeup guru from Droylsden, who has more than 200,000 Instagram followers, also launched the P. Louise Makeup Academy in Denton in 2014 for hair training and make-up artistry.
"We did it my friend, we made it in our home town," she told Mitchell while waiting for the opening.
Mitchell, from Bolton, was a member of a boyband that made it to the bootcamp stage on the X Factor in 2016 and a year later he landed a spot starring on the US reality show American Beauty Star and was mentored by Beyonce’s makeup artist Sir John.
He now travels the world hosting makeup masterclasses and has more than a million Instagram followers.
At the launch Mitchell let Paige do the honours and cut the ribbon on her own.
And she said on Instagram about the moment: "Today was the biggest moment of my career."
She added: "@mmmmitchell your a true pure soul, he wouldn’t let me cut the ribbon with him because he said it was my moment. "Forever my bestie. I love you all the world."
Morphe, which has 10.3m Instagram followers, started with brushes, with more than 300 types to choose from, and expanded to include eyeshadows, foundations and lip products.
Famed for its colourful eyeshadow palettes, it has become a favourite with YouTubers and influencers across the globe and has launched sell-out collaborations with the likes of beauty vlogger Jeffree Star.
The brand was first launched in 2008 by siblings Linda and Chris Tawil, with the aim of creating bold but affordable make-up products.


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Google and Amazon workers slam their companies for offering cloud services to Israeli military
The workers have noted that their companies have signed a contract worth $1.2 billion called Project Nimbus, a venture that the workers noted: “will provide cloud services to the Israeli government, specifically including the military.”
- In a letter addressed to the CEOs of Amazon and Google, some workers have asked the companies to cancel Project Nimbus.
- The workers noted that the services worth $1.2 billion encompass both storage and computational resources.
- Earlier this year, a group of Jewish Google employees called out on the company to increase its support of Palestinians.
By India Today Tech: A number of employees at Google and Amazon have called out against their companies' contract with the Israeli government. The workers have noted that their companies have signed a contract worth $1.2 billion called Project Nimbus, a venture that the workers noted: “will provide cloud services to the Israeli government, specifically including the military.” The workers noted that the services encompass both storage and computational resources, as well as features that enable users to easily train powerful artificial intelligence.
The workers told NBC News that they have in a joint letter asked Amazon and Google to cancel Project Nimbus and protect Palestinian human rights. The workers noted that they work with the tech giants because they have a huge impact on people globally, however, they said they were not naive about the harm that technology enables.
"The technology our companies have contracted to build will make the systematic discrimination and displacement carried out by the Israeli military and government even crueler and deadlier for Palestinians," the Google and Amazon workers said in a post published in The Guardian.
"As workers who keep these companies running, we are morally obligated to speak out against violations of these core values. For this reason, we are compelled to call on the leaders of Amazon and Google to pull out of Project Nimbus and cut all ties with the Israeli military. So far, more than 90 workers at Google and more than 300 at Amazon have signed this letter internally. We are anonymous because we fear retaliation."
Earlier this year, a group of Jewish Google employees called out on the company to increase its support of Palestinians. In a letter addressed to Google CEO Sundar Pichai, the workers condemned the attacks and asked for “direct recognition of the harm done to Palestinians by Israeli military and gang violence.” As per a report by The Verge, the group wanted Google to listen to its Palestinian employees, fund relief for Palestinians affected by military violence, protect freedom of speech, and recognize the pain. They also urged Google to terminate any business contracts which support “Israeli violations of Palestinian human rights, such as the Israeli Defense Forces.”


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Honda is recalling 4.5 million airbag inflators in the U.S. for cars with defective Takata passenger-side frontal airbags, as well as 2700 motorcycles.
This new recall adds 2.2 million more Honda and Acura vehicles for a total of more than 10.7 million cars. Out of the dozen automakers and 25 brands involved since the Takata recalls first broke in 2013, Honda has recalled the most cars, and all but one of the 11 deaths have involved a Honda vehicle.
The full list of cars in this recall are: the 2002–2004 Odyssey; 2003–2006 Acura MDX; 2003–2011 Pilot and Element; 2005–2011 CR-V and Acura RL; 2006–2011 Civic and Ridgeline; 2007–2011 Fit; 2008–2011 Accord; 2009–2011 Acura TSX; and 2010–2011 Accord Crosstour, FCX Clarity, Insight, and Acura ZDX. The 2006–2010 Honda Gold Wing motorcycle is also included. The recall is part of an expanded campaign that affects 21 million Honda models globally.
Starting June 6, Honda says owners can search their VINs on its recall website (here for Acura owners or here for Honda motorcycle owners) to determine if their specific car or motorcycle is included. Parts will be limited and may not be available until late in the summer (or early in the fall for motorcycle owners). If parts are not available, Honda will send owners a second recall notice when they arrive.
- Honda to Add 21 Million Cars to Takata Airbag Recall Globally
- What’s Wrong with the Latest Expansion to the Takata Airbag Recalls
- Massive Takata Airbag Recall: Everything You Need to Know


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After extensive research and testing Kent City Schools determined that K7 Enterprise Security significantly outperformed legacy antivirus products and is the preferred choice to defend and secure their network.
The Identity Theft Resource Center is continuing its monthly tradition of hosting The Identity Theft Twitter Chat. The purpose of the monthly event is to educate and engage consumers and businesses alike on identity theft and related issues.
Quorum, the leading disaster recovery solutions provider for small to mid-sized businesses announced that Walter Angerer, venture partner at Toba Capital and longtime data protection innovator with roots at Symantec, has joined Quorum's board of directors.
Jon Monsarrat recently announced that he will expose the identities of 100 cyber bullies. The Boston based dotcom era icon has formed a cyber investigation service intended to assist in suicide prevention caused by online bullying.
Tangentia Security Solutions, a leader in Identity and Access Management solutions, has announced that IBM has validated the Tangentia Governance for Unstructured Data (TGUD) extension for IBM Security Identity Manager (ISIM) for the Ready for IBM Security Intelligence program. TGUD provides ISIM users with a single view and same processes to govern access to applications, systems and unstructured data.
TRUSTe and TAPAD partner to provide enhanced consumer privacy across mobile applications and in the mobile advertising space by utilizing a unified identifier based on Tapad's platform to maintain compliance with the Digital Advertising Alliance program for Online Behavioral Advertising for mobile devices.
Quorum®, the leading provider of hybrid cloud disaster recovery solution for small to mid-sized businesses announced that it has raised $11 million in Series B funding. The round was led by new investor Toba Capital and joined by prior investors, including Airtek Capital Group.


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The medical community and organizations like The Skin Cancer Foundation have been warning people for years to stop tanning. Hundreds of former tanners who became skin cancer patients have shared their stories online and cautioned people not to make the same mistakes.
So why do some people continue to tan? New research confirms that for some, quitting tanning is not that simple.
When appearance isn't behind the drive to excessively tan, mood altering may be the motivation. Studies over the years have looked at the affect that ultraviolet rays (UV) have on mood, and many researchers and dermatologists believe that UV rays can be addictive.
Whether it's beds or sprays, tanning has become a pervasive part of our culture.
Tanning beds are known carcinogens, but some of the nation’s biggest gym chains, including Planet Fitness and Anytime Fitness, offer tanning beds and booths in many of their locations. In fact, the gym “seems to be a very popular place for tanning beds,” says Sherry Pagoto, the study’s first author.
The risks are well known, but that's not stopping many young men and women from soaking up UV rays.
And look—we here at PopSci get it. But we also get that research has conclusively shown that tanning under UV rays, whether at a salon or under the sun, is terrible for your skin and raises your cancer risk. But the only other alternative seems to be sunless tanning lotions—and are those any better?
Despite the weird meat association, though, this chemical reaction is totally safe for your skin.
About 30 million people tan indoors in the US every year, and about 2.3 million of them are teens. And research indicates, for example, that the lifetime risk of skin melanoma increases by 75% among people who began using UV tanning devices before age of 35 (called young exposure). Yes – 75%. That figure alone should be enough to make some of us rethink the importance of that tan.
And if the increased risk of skin cancer isn’t enough, what about the increased risk of eye damage, wrinkles and other forms of premature aging of the skin? It begs the question – is that tan really worth it?
Guys, this news is so crazy and disturbing that we're just going to jump right in: Every year, indoor tanning causes more cases of skin cancer than does smoking for lung cancer.
Let us repeat: The number of skin cancers we can blame each year on indoor tanning is higher than the number of lung cancers we can blame on cigarettes.
Overexposure to UV radiation from the sun and artificial sources is of considerable public health concern. UV radiation plays an important role in the development of skin cancer, cataracts, and other eye conditions, and suppresses the immune system. Cumulative UV radiation also results in premature skin ageing.
While WHO does not recommend the use of UV tanning devices for cosmetic purposes, it is recognized that sunbeds continue to be available to the public.
“Tanning kills,” warns Travis Kidner, a skin cancer surgeon, in a recent Times Op-Ed article advising against tanning beds.
Still, tanning salons continue to attract customers, many of whom are young, white women undeterred by the dangerous risks.
Commercial tanning beds will be banned in Queensland from late next year, with salons paid $1000 for their machines. But there is no obligation for businesses to take up the Government's offer. They can choose, instead, to sell them to private buyers in pursuit of higher returns.
Backyard operators are already snapping up second-hand machines and offering tans to their friends.
Sunlamps and tanning beds promise consumers a bronzed body year-round, but the ultraviolet (UV) radiation from these devices poses serious health risks.
“Although some people think that a tan gives them a ‘healthy’ glow, any tan is a sign of skin damage,” says Sharon Miller, M.S.E.E., a Food and Drug Administration (FDA) scientist and international expert on UV radiation and tanning.
As parents, it’s our job, not only to apply sunblock to our babies, but to educate our teens and ourselves about sun safety. As my 16-year-old excitedly plans for her prom — she already has her gorgeous dress!! — I’m happy to say that tanning will never be on her to-do list!
Tanning salons are already under siege -- they got taxed by the health law, are newly regulated by the federal government and states, and have become dermatologists' favorite bad guy. But some policymakers say that's not enough.
Australia cracks down on indoor tanning amid global push to cut skin-cancer rates.
Now, we find ourselves in a similar public health fight against another cancer-causing habit: tanning, and indoor tanning in particular.
Sun (lamp) worshippers can't catch a break, and neither can the small-business owners catering to them. In a study commissioned by ABC News, a common chemical in spray tan solutions -- dihydroxyacetone, or DHA -- was found to possibly cause cancer.
In the wake of research showing strong connections between indoor tanning and melanoma, the sunbed industry is battered and contracting. But the allure of artificially bronzed skin might be dwindling in general.
The demand for that bronzed look remains high (the indoor tanning industry is valued at US$2.6 billion) and this is unlikely to change any time soon given the aesthetic appeal. And while a call for an outright ban may make sense from a public health perspective, such a call would be highly unpalatable to consumers, business operators and the states, which benefit from the economic activity.
But more should and can be done to protect young tanners.
The International Agency for Research on Cancer, part of the World Health Organization, has labeled indoor tanning devices to be “carcinogenic to humans.” So why do so many college campuses have them?
"What tanning beds are doing is concentrating the same kind of rays that we get from the sun; so, you're getting a much bigger dose" than you would from the same amount of time outdoors, Memorial Sloan-Kettering Cancer Center's Dr. Allan Halpern, told Shots when we talked to him about an earlier study on the risks of indoor tanning.
Indoor tanning might seem like a fashion that faded with the 1980s, but it remains a persistent part of American adolescence, popular spring, summer and fall but especially in winter, when bodies are palest.
Skin cancer is now the most common form of cancer among young women. And frequent indoor tanners are up to three times more likely to develop melanoma than those who never go, according to a 2010 study.
When the weather cools off, it can be tough to say no to even an occasional trip to the tanning bed. But it's important to know that every time you turn on those UV lights and lay down, you're seriously hurting your skin. Not only are you affecting your risk of cancer, you're also changing your skin's texture, which means you're more likely to experience premature aging in the form of wrinkles and sun spots.
Although the risks are widely known now, some people won’t forgo the pursuit of a glow. Much improved in recent years, fake-bake products can safely give you a credible tan. Try these six.
Indoor tanning can cost you your healthy skin and your life, so how are these salons staying in business?
Long-term use of tanning devices and sunlamps is associated with premature skin aging, the development of cataracts, melanoma and nonmelanoma skin cancers. Several studies show that use of tanning devices is associated with an increased risk of developing melanoma. The use of tanning devices is also associated with malignant melanoma of the eye.
A tan, whether you get it on the beach, in a bed, or through incidental exposure, is bad news, any way you acquire it. Tans are caused by harmful ultraviolet (UV) radiation from the sun or tanning lamps, and if you have one, you’ve sustained skin cell damage.
Tanning beds use UVA light, which penetrates the skin more deeply than UVB rays. So tanning beds can cause just as much — if not more — damage as the sun. Plus, the concentration of UVA rays from a tanning bed is greater than the amount of UVA rays a person gets from the sun. And despite manufacturer claims, some tanning lamps do also emit UVB light.


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A year and a half into the COVID-19 pandemic, credit card customers in Canada are more optimistic about their personal financial outlook and the economy while adapting to the new realities and curtailing their credit card spending, according to the J.D. Power 2021 Canada Credit Card Satisfaction Study.
Nearly one-third (30%) of credit card holders cite high confidence (rating of 8-10 on a 10-point scale) in their personal financial outlook—up from 20% in 2020—and 19% express a positive outlook about the economy, up from 11% in 2020. But even with this renewed sense of optimism, customers are using their credit cards prudently, with the average monthly spend on primary cards declining to $1,155 from $1,200 year over year. This trend echoes a broader spending reduction in 2021 across all types of payments, including cash and debit cards.
“The lift in customer satisfaction amid the pandemic is the result of an effective industry response to customers’ changing needs and solid communication during these unprecedented times, coupled with customer savviness with card utilization.”
Despite the decline in credit card spend, customers are more satisfied with their primary credit card issuer, as the average satisfaction score reaches 766 (on a 1,000-point scale) compared with 764 a year ago. According to the study, the main attributes elevating customer satisfaction are the communication of benefits and the range of benefits and services offered, with more customers being offered account protection, purchase return guarantees and no annual fees.
“Many Canadian credit card issuers are doing significantly better in terms of improving overall customer satisfaction compared to their U.S. counterparts,” says John Cabell, director of banking and payments intelligence at J.D. Power. “The lift in customer satisfaction amid the pandemic is the result of an effective industry response to customers’ changing needs and solid communication during these unprecedented times, coupled with customer savviness with card utilization.”
Following are some key findings of the 2021 study:
Satisfaction improves with card features: Customer satisfaction is higher this year compared with 2020 with both the benefits and services (+5 points) and rewards (+1) that are tied to their cards. Issuers’ efforts to communicate and adapt these features around the disruption of customer spending patterns during the pandemic has mostly paid off with cardholders. Notably, rewards satisfaction, on average, improves slightly for many types of credit cards, including cash back, retail-affiliated cards and even travel cards. That said, it is still a good time for customers to review the alignment of their personal spending with the credit card they use most often.
No annual fee means higher satisfaction: More than one-fifth (22%) of customers this year say they switched their primary card in the past 12 months to avoid paying an annual fee, up from 16% in 2020. Concurrently, satisfaction among customers with a no-fee credit card is much higher with their card issuer (747) than among customers with an annual fee (707).
Perception declines with financial difficulties: More than one-fifth (22%) of customers say they are financially vulnerable and 11% say they are financially stressed. Of those most financially vulnerable who struggle to pay bills and have no planning, only 18% say their credit card issuer acts in their best interest vs. 31% of those who say they are financially healthy. Financial health also affects brand advocacy, with the Net Promoter Score®1 among the financially healthy group nearly eight times higher than that of financially vulnerable cardholders (38 vs. 5, respectively, on a scale of 100).
Reward redemption delayed and travel benefits usage declines: Despite overall rewards satisfaction improvements, twice as many customers (22%) this year have postponed reward redemption for more than a year, compared with 11% who did so a year ago. Not surprisingly, travel-related benefits have declined in usage for insurance (-5%), lounge clubs (-5%), free checked bags and no foreign exchange fees (-3%). The prolonged timeframe of reward redemption has had a dampening effect on customer satisfaction, especially among those who have redeemed travel-related rewards (759 in 2021 vs. 763 in 2020).
Call centre woes: Call centres continue to be the industry’s Achilles’ heel as it relates to customer satisfaction. While the study shows a decline in the average number of contacts to a call centre (1.8 in 2021 vs. 1.9 in 2020), customer satisfaction with call centres has decreased to 794 from 811 a year ago. This is an area where card issuers should pay closer attention, especially around efficiency and phone representative clarity, with more customers this year noting instances of being transferred, put on hold, asked for the same information multiple times or having difficulties understanding the representative than last year.
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Disney Gives us a Behind The Scenes Look At The New Riviera Resort
Disney World released a new video today giving us a behind the scenes look at the creation of their newest DVC resort, Riviera Resort.
Disney’s Riviera Resort brings the elegance of a modern European retreat blended with a touch of old-world glamour and Disney charm to the Disney Vacation Club portfolio and Walt Disney World Resort. With an elegant early-20th-century design, Disney’s Riviera Resort will welcome guests with a palm tree-lined boulevard and a striking façade featuring grand archways, porticos, cascading water features, towers, and terraces. In the grand oval lobby that will provide stunning views of the resort lawn and lakefront, guests will encounter a mix of modern and classic furnishings.
The video will even give a behind the scenes look at the creation of the new Disney Skyliner gondola system, opening soon at Walt Disney World.
Be sure to watch the video in its entirety, because after you watch the special, you can enter for a chance to win a Disney vacation with a five-night stay at Disney’s Riviera Resort.
You can view this online, on-demand show now through Oct. 8, at ArtofRiviera.com.
Disney’s Riviera Resort officially opens on Dec. 16, 2019.


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Cleveland-based Eaton Corp. has announced it will lay off 130 hourly production employees and 33 salaried employees at its Pewaukee Cooper Power Systems Division facility as it outsources production to Mexico. The facility manufactures line installation and protective equipment.
Molded rubber production work will be moved to a new facility in Queretaro, Mexico in the first quarter of 2014. Full production will be up and running there by the end of the fourth quarter of 2015.
The Pewaukee facility will remain the line installation and protective equipment business unit headquarters, with engineering, research and development, support and marketing for the LIPE segment.
“Today’s announcement is not a reflection on the dedicated and hard-working employees at the Pewaukee facility,” the company said in a statement. “Eaton will do everything possible to ensure that those affected are treated with care and respect during this difficult time.”
The Pewaukee facility currently has 260 employees. Company representatives will meet with those affected and provide severance benefits and outplacement services.
Moving production to Mexico will allow Cooper Power to be competitive in the LIPE markets it serves and create a more efficient supply chain and reaction time for North America, the company said.
“These actions are being taken due to ongoing business and market conditions and a continued challenging business climate,” the company said in a statement. “They will allow the business to continue to compete globally and meet market demand.”


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Philippines (PRWEB) August 21, 2011
After more than half a decade of offering its internet marketing services to clients coming from developed countries, OnlineMarketingPhilippines.net is the first search engine optimization company based in the Philippines to officially launch its services in the local internet marketing scene.
For some time, we have been pondering if the need for an internet marketing firm is already there in our very own country and after years of keeping an eye on the market, we have decided to officially launch such a service regardless if the demand is knowingly not as huge as the international market. For the past few months, we have noticed a lot of buzz about the term search engine optimization (SEO) and companies are starting to actually post ads to hire someone to fill such a position regularly and this is what has pushed us even more to start catering to such a rising demand for our services, said Arthur Jimenez, CEO of Online Marketing Philippines.
He then added that his marketing firm relies on its solid experience in bringing small and medium enterprises (SMEs) online presence to where it really matters, the first page of Google search engine results pages (SERPs).
It might sound funny but, we have been bringing all types of websites from our clients in North America, the UK, and Australia to the top rankings in major search engines however, we have just started to do the same for clients basing in our homeland. The launching of this web portal will hopefully change all of this in the coming years, Arthur was quoted.
Arthur and his team of online marketing professionals has been exporting professional services including search engine optimization, social media marketing, copywriting, and web design for 6 years and counting. For more information about the firm, one may send an email to support(at)onlinemarketingphilippines(dot)net
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Ah, the Amiibo News Twitter account. It’s been a great source of, well, amiibo news (!) since the account was created, and one of the few places carrying on the legacy of amiibo chasing. While Wave 4 was basically it for a lot of the community, Nintendo has persevered in pushing more plastic, and people are still buying them (albeit with less of a hassle). The newest bit of info they have for us is a potential Zelda amiibo restock, as evidenced by a relisting for the elusive Majora’s Mask figure.
The eagle-eyed account spotted a Majora’s Mask amiibo relisting on Best Buy, which typically coincides with a restock of that same line. Restocks recently came in for the Mario amiibo line, just in time for Mar10 Day. Given the excitement behind Tears of the Kingdom and the amiibo accompanying it, we could see a repeat of that same situation.
What other Legend of Zelda amiibo could see restocks in 2023?
Well, look no further than this official tweet from Nintendo! In addition to the aforementioned Majora’s Mask amiibo, we also have potential restocks on the way for:
- Link (Rider – Breath of the Wild)
- Zelda & Loftwing (Skyward Sword)
All three of those figures have directly confirmed functionality with Tears of the Kingdom, and will provide extra paraglider skins. More features could be revealed as we get closer to launch, but for now, those seem like a safe bet. Also, I’m sure a lot of collectors will be happy to see more Zelda anything out and about, as a few of these figures were hard to get.
Update (March 28, 2023): The restocks are here!
Several Zelda amiibo are available to buy at GameStop, as well as Best Buy. Note that the Twilight Princess amiibo seems like a GameStop exclusive for this restock.


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When it comes to safeguarding the healing and lifesaving powers of important medicines, fast-food giant McDonald's is showing up the U.S. Food and Drug Administration.
The commitment by McDonald's, announced in early March, to buy only chicken that's free of medically important antibiotics, has spurred the nation's largest poultry producer, Tyson Foods, to make a similar commitment.
Tyson announced Monday that by September 2017 it no longer would feed its chickens human antibiotics. Two other major poultry producers, Purdue and Pilgrim's, previously moved to eliminate human antibiotics from their birds.
"Tyson's pledge means that more than one-third of the entire U.S. chicken industry has now eliminated or pledged to eliminate routine use of medically-important antibiotics," says Sasha Stashwich of the Natural Resources Defense Council, or NRDC.
It has sued the FDA to try to spur the agency's plodding campaign against the overuse of antibiotics in food production and the resulting spread of bacteria that are resistant to treatment.
Drug-resistant superbug infections sicken at least 2 million and kill 23,000 Americans each year.
The FDA in late 2013 announced a voluntary plan to phase out the addition of antibiotics to livestock feed for the purpose of speeding weight gain in animals. But the FDA plan would allow the routine feeding of antibiotics to continue as long as the stated purpose was disease prevention rather than growth promotion, a distinction not honored by mutating bacteria.
Consumer protection groups should be vigilant about similar loopholes in the poultry industry's pledges. The industry's definition of "human antibiotics" is critical, says the NRDC, and should include all medicines in a class of drugs used in humans.
Also, the industry should employ third-party verifiers to ensure that consumers are really getting the antibiotic-free chicken they're being promised.
The industry and FDA have dragged their feet far too long. Evidence of the link between antibiotics in animal feed and drug resistance in humans has been amassing for 40 years.
Consumer power and market forces are doing what the government would not by compelling poultry producers to really change. The beef and pork industries should pay attention and follow suit.


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UK’s Atom Bank makes first acquisition, Grasp, to hone its youth-focused user experience
By Ingrid Lunden for Techcrunch.com
A day after Finnish online bank Holvi got acquired by BBVA, here comes yet more consolidation in Europe’s fintech landscape. Today, Atom Bank — a still stealth, online-only startup, coincidentally also backed by BBVA — announced its first acquisition: Grasp, a design and development house based out of the north of England.
Terms of the deal are not being disclosed, an Atom spokesperson told me. Grasp had already been working with Atom as an outside agency, creating the “shop window” for Atom, in the words of Edward Twiddy, Atom’s Chief Innovations Officer. So this is partly about bringing more of that relationship in-house to work on deeper projects. As part of the deal, the head of Grasp, Brian Jobling, will become Atom’s business development director.
Grasp bills itself as a provider of “bespoke digital services for the banking industry”, but as Atom points out it has worked on projects also for car-centric organizations F1 and NASCAR, as well as MTW and the James Bond franchise.
When we first wrote about Atom last year — on the occasion of a $128 million funding injection led by Spanish banking giant BBVA — we noted that the still-stealth startup was trying to disrupt traditional banking by targeting younger users. It’s trying to do so by creating a service that is more in sync with how younger users interact and get things done today.
In Atom’s view, that includes creating mobile apps as the primary form of communications between the bank and customers; but also by incorporating gamification, 3-D visualizations and other features to get customers to use its services more.
“Our first conversations with Brian about what gaming and the North East development industry could offer, started in the Spring of 2014 when Atom was just an idea. Now on the cusp of going live and after several months of testing, we are bringing some of the best in digital design and development into the heart of the family,” said Twiddy in a statement. “It’s great to have found such a talented and dedicated team. Their work is our shop window and we’re really excited about what has already been built, and all the future promises.”
User experience and how that can be employed to grow Atom’s customer base are essentially the areas Grasp will be working on as part of Atom.
“Atom Bank is one of the most exciting projects in the North East,” said Jobling in a statement. “An amazing development environment has already been created at Atom and it’s great to be part of a business with such enthusiasm and drive. Atom is rapidly expanding its development team and there isn’t a better place for top quality developers to hone their trade.”
The article first appeared in techcrunch.com


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Customer inspects iPhone 14 Pro Max inside an Apple store in Marunouchi, Tokyo.
Stanislav Kogiku | SOPA Images | Lightrocket | Getty Images
The iPhone 14 was the most-shipped smartphone in the first half of the year, according to research firm Omdia, reflecting a shift in consumer buying habits toward the most high-end devices on the market and away from low- to mid-range phones.
In the January-to-June period, Apple’s iPhone 14 Pro Max shipped 26.5 million units — the most out of any model from any manufacturer — compared with 21 million unit shipments for the iPhone 14 Pro.
That’s according to Omdia’s “Smartphone Model Market Tracker – 2Q23” report, which tracks sales of different models of phone.
Apple accounted for all four of the top-shipping models, with the iPhone 14 coming in third on 16.5 million units, and the iPhone 13 selling 15.5 million units.
There was a noticeable difference in which phones took the greatest share out of the entire market.
Last year, the iPhone 13 was the bestselling device on the market, indicating consumers were still buying flagship devices but at the entry level rather than the top end.
This year, the iPhone 14 Pro Max, the most expensive of the Cupertino, California, tech giant’s smartphone array, has taken the crown.
It reflects a growing shift among consumers toward the more higher-end parts of the market.
Phones haven’t changed that dramatically over the past few years, and manufacturers have been opting to release more incremental upgrades to their devices focusing on camera upgrades and more powerful chips.
That’s led to a general malaise from consumers when it comes to smartphones, which are today an essential device for both work and personal life.
Sky-high prices north of $1,000 attached to the top-end phones from companies like Apple, Samsung and Xiaomi have also put people off buying flagship phones more generally.
To that end, consumers are holding onto their devices for longer and waiting it out until they reach a certain point in their lives at which they feel they need a replacement for their phones — usually when it breaks.
But people have shown greater willingness to pay a high premium for companies’ most expensive devices in the range, because they want an upgrade with the best features on the market.
The Samsung Galaxy A14 was the fifth best-selling phone in the first half shipping 12.4 million units.
The South Korean tech giant’s top model in its current range, the Galaxy S23 Ultra, was the sixth-best performer with 9.6 million unit shipments.
Devices from Chinese manufacturers did not feature in the top 10 best-shipping smartphones, with Omdia noting that shipments of Chinese smartphones saw double-digit declines from 2022 due to a slump in the mid- to low-end smartphone market.
The numbers are an important indicator of sentiment among consumers when it comes to smartphones, particularly as Apple gears up for the launch of its new iPhone 15 in the autumn.
Apple is expected to see flat or slightly lower shipments of its iPhones overall this year, according to Omdia.
However, its Pro and Pro Max models are expected to continue to increase “due to solid demand for premium models,” said Jusy Hong, senior research manager at Omdia.
Global smartphone shipments will decline 6% year on year to 1.15 billion devices, logging the worst performance in a decade, according to earlier data from Omdia.
Apple shares were up less than 1% early trading Monday. The company’s stock has risen around 37.5% year to date.
Correction: Apple’s stock has climbed around 37.5% year to date. An earlier version misstated the percentage.


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AT&T's Mobile 5G Network Launches This Week
Dec 18, 2018, 9:20 AM by Eric M. Zeman
AT&T said its mobile 5G service is live starting today in a handful of markets. This makes it the first major U.S. carrier to launch 5G. AT&T is branding the service AT&T 5G+. It relies on the 5G NR standard and makes use of AT&T's mmWave spectrum. The service is being offered in parts of Atlanta, Charlotte, Dallas, Houston, Indianapolis, Jacksonville, Louisville, Oklahoma City, New Orleans, Raleigh, San Antonio, and Waco. AT&T didn't say exactly where in these markets 5G is available. The company plans to expand to Las Vegas, Los Angeles, Nashville, Orlando, San Diego, San Francisco, and San Jose during the first half of next year. The first device to provide access to AT&T's 5G service is the Netgear Nighthawk 5G Mobile Hotspot. It goes on sale December 21. Select early adopters will be able to grab the Nighthawk with mobile 5G service at no cost for three months. The device will be more widely available in the spring for $499. AT&T says its data-only 5G service will start at $70 per month for 15 GB. AT&T expects to have at least one 5G phone reach the market during the first half of the year with a second to follow before the end of 2019. This second device will include both mmWave and sub-6 GHz 5G spectrum. AT&T hasn't priced out phone-based 5G service yet, but says it expects 5G service will be "broadly available" by late 2019 with nationwide coverage to follow in early 2020.
Jun 6, 2022
Apple today announced iOS 16, the next version of its core software for iPhones. The new OS features a major revamp of the Lock Screen with new personalization, including font & color options, and widgets that are similar to complications on the Apple Watch.
Feb 5, 2020
AT&T is launching sub-6 GHz 5G service for consumers in 13 new markets this week. In California, the new markets are Bakersfield, San Luis Obispo, Santa Barbara, Oxnard, and Modesto.
Jun 30, 2020
AT&T this week launched sub-6 GHz 5G in 28 new markets, including Puerto Rico and several major cities. Major new 5G markets include Miami, Orlando, Austin, Dallas, and Salt Lake City.
Mar 3, 2020
AT&T today launched sub-6 GHz 5G in 22 new markets, bringing the company's total sub-6 5G coverage to 80 markets in the US. Sub-6 5G uses lower frequency bands than mmWave 5G, allowing sub-6 5G to offer broader coverage.
Go Home AT&T


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YouTube buys FameBit, matchmaker for videos and sponsors
Google-owned YouTube on Tuesday announced it has bought FameBit, a marketplace where video makers can connect with brands interested in sponsoring their creations.
YouTube did not disclose financial terms of the deal to buy FameBit, which it described as a technology platform that helps creators and brands make matches leading to sponsorships or paid promotions.
"We believe that Google's relationship with brands and YouTube's partnerships with creators, combined with FameBit's technology and expertise, will help increase the number of branded content opportunities available," YouTube product management vice president Ariel Bardin said in an online post.
The end goal is to bring more revenue to the community of online video creators that are central to YouTube.
Nine years ago YouTube launched a "partner program" designed to help video creators earn advertising money and gain viewers. In the past year, the top 100 advertisers have increased the amount spent on YouTube video ads by 50%, according to Bardin.
"As we look to the future, we want even more creators and brands to come together and realise the benefits of these creative collaborations," Bardin said.
YouTube's chief executive officer Susan Wojcicki tweeted as saying, "Excited to welcome @famebit to the @Google family."
Excited to welcome @famebit to the @Google family https://t.co/fuxf8YkaCK
— Susan Wojcicki (@SusanWojcicki) October 11, 2016
Southern California-based FameBit will continue as a standalone operation for now, co-founders David Kierzkowski and Agnes Kozera said in a message posted on its website.
FameBit tweeted as saying, "We couldn't be more excited to share this news. FameBit Acquired by Google!"
We couldn't be more excited to share this news. FameBit Acquired by Google! https://t.co/f0slGhCTly pic.twitter.com/Fg1zeOB5ZH
— FameBit (@famebit) October 11, 2016
"With Google's relationship with brands large and small, and YouTube's partnership with creators around the globe, we hope to connect even more brands to creators, engage more audiences, and make brand marketing more creative and authentic than ever," the FameBit co-founders said.
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Described as a “category-disrupting” protein, the Beyond Carne Asada Steak was created by the Taco Bell Test Kitchen and Beyond Meat’s team of culinary innovators. Intended to complement Taco Bell’s existing menu, the steak will be featured in the brand’s quesadilla, but can be enjoyed in any of the chain’s customizable menu items.
“We at Taco Bell are thrilled to reveal the result of our long-standing partnership with Beyond Meat, which is previously unseen in the QSR industry”
The steak will launch next month at 50 locations in the Dayton, Ohio area, and represents a first-of-its-kind innovation for the chain, which is also currently testing a proprietary plant-based beef in Birmingham, Alabama stores.
Additionally, the Carne Asada will be priced the same as Taco Bell’s original steak quesadilla, and there will be no upcharge for any Beyond steak substitution, as part of an effort to provide more affordable access to plant-based options.
“At Taco Bell, we’ve long believed that anyone should be able to choose plant-based menu items without compromising the flavors they crave,” said Liz Matthews, Taco Bell’s Global Chief Food Innovation Officer. “That’s why we at Taco Bell are thrilled to reveal the result of our long-standing partnership with Beyond Meat, which is previously unseen in the QSR industry. This plant-based carne asada steak is just the latest move in our history of crafting some of the most unique, craveworthy offerings for all fans.”
According to Taco Bell, the new steak is made from simple plant-based ingredients like vital wheat gluten and faba beans and is cooked with the chain’s signature spices. It is also free from GMOs or added hormones, and certified vegan by the American Vegetarian Association.
Taco Bell first announced intentions to offer plant-based meat in 2020. Since then, Taco Bell USA has tested several different versions of its own plant-based ground beef, including in the Cravetarian Taco and Crispy Melt Taco. The Beyond partnership is over a year in the making, with Beyond and Taco Bell parent company Yum! signing a three-year agreement for plant-based menu items in 2021.
“We know that consumers are looking for diverse protein options that are better for the planet without compromising on taste, so we’re incredibly excited to launch our brand-new, innovative Beyond Carne Asada Steak,” said Dariush Ajami, Beyond Meat’s Chief Innovation Officer. “Designed to specifically complement the bold, savory flavors that Taco Bell is known for, Beyond Carne Asada Steak delivers the flavorful, delicious taste and texture of marinated, grilled steak with the added benefits of plant-based meat.”


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If the Wall Street Journal's sources are accurate, Samsung will bring back the micro SD card slot in its next flagship smartphone, supposedly called the Galaxy S7.
Micro SD cards allow phones to have expandable storage in addition to the built-in storage they're sold with.
It lets users store more media, like photos, movies, and music on their phone without having to worry about filling up their phone's built-in storage.
Earlier this year, Samsung fans were outraged when the company ditched the micro SD card slot in the Galaxy S6 and the Galaxy Note 5 smartphones in favor of more premium designs and materials.
On previous Galaxy smartphones, users could remove the plastic back covers to access the micro SD card slot on the back of their phones. But the new premium materials Samsung used for the Galaxy S6 and Note 5, including glass and metal, resulted in non-removable back covers.
The rumors indicate that the new Galaxy S7 could still be clad in glass and metal, which means the back still might not be removable. Instead of finding the micro SD card slot behind the phone, we might find it on the side of the phone, where other phone makers like HTC and OnePlus have recently put micro SD card readers.


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Underlining its solidarity with India in the fight against the COVID-19 epidemic, China has expressed “deep concern” at the unfair labeling of the COVID-19 test-kits as faulty by the Indian Council of Medical Research (ICMR) and urged it not to look at issues with “preemptive prejudice”.“We are deeply concerned with the evaluation results and the decision made by the Indian Council of Medical Research. China attaches great importance to the quality of exported medical products,” Ji Rong, the spokesperson and Counselor of the Chinese Embassy in India, said.
“The quality of medical products exported from China is prioritized. It is unfair and irresponsible for certain individuals to label Chinese products as ‘faulty’ and look at issues with preemptive prejudice,” said Mrs Ji.Invoking mutual goodwill between the two countries, the Chinese diplomat urged the Indian side to “respect China’s goodwill and sincerity, strengthen timely communication with relevant Chinese companies based on facts, and resolve it reasonably, and properly.”
The ICMR has asked the states to stop using these kits after the test results showed a wide variation in their sensitivity despite the early promise of reliable performance. The kits were supplied by China’s Guangzhou Wondfo Biotech and Zhuhai Livzon Diagnostics. They both stressed that their antibody rapid test kits meet the quality standards of China and the exported countries, and have also been approved by ICMR through National Institute of Virology (NIV), Pune.
Mrs Ji rejected ICMR’s analysis stressing that these items were evaluated for quality by the National Medical Products Administration of China (NMPA) before shipping them to India. These kits produced by these two Chinese companies have been well-recognized and exported to many countries in Europe, Asia, and Latin America, she said.“We have also learned that there are strict requirements for the storage, transportation, and use of COVID-19 antibody rapid test kits. Any operation, which is not carried out by professionals in accordance with the product specifications, will lead to the testing accuracy variations.
“ICMR also made it clear that rapid antibody test kits should only be used for surveillance purposes instead of replacing RT-PCR test to diagnose and confirm the cases, and states are advised to strictly abide by the methods and purpose of the usage according to ICMR’s clear instructions,” the spokesperson said in a statement.Many countries are currently purchasing medical products from China. “While satisfying domestic demands, we support companies having credibility exporting medical equipment to other countries including India. Chinese manufacturers have been working around the clock to provide supplies to help fight the epidemic in other countries,” she said.
“Since the outbreak of the epidemic, China and India have maintained close communication and cooperation on epidemic prevention and control. To help India fight the epidemic, China has shared its experiences and donated medical materials. We will continue to support India’s efforts in fighting Covid-19,” she added.
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- India and the World2022.05.02Modi, German Chancellor discuss Ukraine, Indo-Pacific


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Senior USMB Moderator
Gold Supporting Member
- Nov 17, 2009
- Reaction score
- Las Vegas, Nevada
Coca-Cola now sees the US becoming a less friendly business environment than China, its chief executive has revealed, citing political gridlock and an antiquated tax structure as reasons its home market has become less competitive.
Muhtar Kent, Coke’s chief executive, said “in many respects” it was easier doing business in China, comparing the country with a well-managed company. “You have a one-stop shop in terms of the Chinese foreign investment agency and local governments are fighting for investment with each other,” he told the Financial Times.
Mr Kent also pointed to Brazil as an example of an emerging economy that is making itself attractive to investment in ways that the US once did.
“They’re learning very fast, these countries,” he said. “In the west, we’re forgetting what really worked 20 years ago. In China and other markets around the world, you see the kind of attention to detail about how business works and how business creates employment.”
Coke chief criticises US tax rules - FT.com
Gee, you think? Many people have been warning about this for some time now. While nations like China are moving towards our traditional Capitalist policies, we're moving in the opposite direction towards China's centrally planned and failing economy.
However, Mr Kent said that US tax burdens and political polarisation were creating uncertainty for businesses and hurting investment.
“I believe the US owes itself to create a 21st century tax policy for individuals as well as businesses,” he said.
Haha! Yeah, good luck with that! All those clowns in Washington know how to do is fuck it up even more.


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Isle of Man online casinos may officially allow Bitcoin
In the nearest future laws of Isle of Man will change in respect to Bitcoin. At the moment the government thinks about making crypto currency Bitcoin at online casinos equal to the usual currencies.
The initiators of this amendment is the Gambling Control Commission which thinks Bitcoin and other digital currencies should have the right to be used alongside with traditional currencies. According to experts Bitcoin allowance will improve the competitiveness of the Isle of Man online casinos.
In case crypto currency will be allowed in online casinos, the player who us willing to have an account in Bitcoins will have to prove his identity with the help of bank cards or some other way.
Let us remind that the block chain project which specializes on creating the whole register of companies which use crypto currency was run the last year on the Isle of Man.


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In light of the recent WannaCry attack, Mobile World Live spoke to experts from companies including KPN, BlackBerry and Google to find out why ransomware is a threat to operators and what can be done about it.
Mobile Mix: Don’t cry for 5G Argentina
Feature: Mobile 360 LatAm 2018 Day1 highlights
Mobile Mix: Digital dominance in the desert
© 2018 GSM Association. The GSMA, Mobile World Live, Mobile World Congress, and Mobile World Congress Shanghai terms and logos are trademarks of the GSM Association


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NINTENDO is increasing production of its current Switch consoles, making many believe that a new console is not on the horizon.
The Switch was the best-selling console of last year, with around 20million units sold globally.
It was so popular that it sold almost as many consoles as the PlayStation 5, and Xbox Series X|S combined.
Despite the age of the console – which is around six years old – Nintendo apparently aims to sell more consoles than ever before.
According to a report by Bloomberg, Nintendo has advised suppliers to up production starting from April, and that they can readjust if sales are underwhelming.
While some analysts believe that Switch sales will slow down shortly, Nintendo appears to believe it will continue selling strong into 2023.
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This is partly due to the release of The Legend of Zelda: Tears of the Kingdom, which will likely be one of the Switch’s biggest ever releases.
Fans have also spotted a Zelda-themed special-edition Switch console, which could boost the platform's sales.
Players are speculating about what this sudden burst in production means for the eventual release of a Nintendo Switch successor.
When compared to other consoles, the Switch should be reaching the end of its natural lifecycle.
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Further, as there has been no enhanced version of the Switch, like a PS4 Pro, fans believed a Switch 2 can’t be far off.
As the Switch continues to sell, it appears that Nintendo wants to continue to encourage purchases, rather than announce a new console.
However, Nintendo has previously ramped up production of a current-gen console, shortly before announcing the release of its successor.
The Wii saw increased production shortly before the announcement of the Wii U in 2011.
A new Wii console, known as the Wii Mini was also released less than a year before the Wii U launched.
Sometimes these consoles are sold at a reduced price to encourage sales before the launch of a new generation of consoles.
Written by Georgina Young on behalf of GLHF.
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Edimax Technology has entered into strategic distribution partnership with Link Telecom Pvt. Ltd, who has been appointed to distribute Edimax’s Consumer, SMB & Enterprise (Edimax Pro) portfolio. Edimax clearly focusses on expanding its distribution in various parts of the country and create widest reach to its consumers.
Commenting on the new partnership, Sanjay Joshi, Country Manager (India & Subcontinent), Edimax, said, “We are confident that Link will bring value to Edimax business overall and help nurture in SMB, Enterprise segment as well to help growing consumer portfolio. Link team has good market reach in different geographies which will definitely leverage Edimax portfolio. Partnering with established and professional distributor like ‘Link Telecom’ is part of our strategy to seize new business opportunities and tap untapped channel.”Read MOre


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Mozilla has decided to put an end to its smartphone adventures, and henceforth, Firefox OS will no longer be available on newer smartphones. Ever since its beginnings in 2013, Firefox OS had struggled to find ground in the competitive smartphone...


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Bangalore, Feb 26 (PTI) Fans getting beaten up by policein a mad scramble for tickets is not the kind of scenes thatthe ICC wants to see at the World Cup, CEO Haroon Lorgat saidtoday but conceded that the demand has far exceeded supply inthe ongoing event.
"Those are scenes we would not like to see, but it isalso a fact that local authorities know how to handle thesituation," Lorgat told reporters here.
"All tickets, one way or another, find their way to thepublic whether through clubs, boards, the ICC. It isunfortunate that there are only a few number of tickets forthe public," he said.
Lorgat''s statement came in the backdrop of a policelathicharge on fans seeking tickets for the India-Englandclash here tomorrow.
With most of the tickets reserved for sponsors, ICC andoverseas visitors, the local fans have been left to jostle forvery few. Add to this, the online ticket sales have also notgone about smoothly with the website roped in to handle thework crashing down several times because of excessive rush.
The ICC had written to the BCCI asking it to resolve thematter but the Indian Board claimed it was only honouring thecommitments made to the world governing body.
Lorgat said it was regrettable that very few tickets havebeen put on sale for the local fans but admitted that thesupply would never be able to meet the demand in a hugecountry such as India.
"No matter what sort of capacity we provide, the truth isthat we won''t have enough seats for the demand that we have onour hands," he reasoned.
In a lighter vein, Lorgat said the rush for ticketsindicates that one-day cricket is still very popular despitebeing threatened by the Twenty20 storm.
"You have got to accept that this rush for tickets is anindication of how popular this game is. Some while back wetalked about of the demise of 50-over cricket and look what wehave got," he quipped.
Lorgat said the ICC can hardly do anything in thismatter as ticket sales is host country''s domain.
"The ticket sales are in the hands of the host. We settlesub-agreements with them. Some commitments are well inadvance," Lorgat explained.
"It''s a fact that a local host has also got commitmentswhether it is a local organisation, whether it is the clubs orthe BCCI -- all of their associations, the commitments are afacts. It is also true that we simply don''t have enoughtickets for the demand," he said.
Asked why the ICC''s legal department head David Beckerwrote to President Sharad Pawar complaining about theallocation of tickets, Lorgat said the former BCCI chief hasbeen supportive in dealing with issues related to India. MOREPTI RE PM PDS


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Global media agency Carat has released its predictions for what’s going to happen in the ad market next year, with Australia predicting an increase 2.4 per cent to reach $13.6 billion.
The forecast previously was pinned at just 1 per cent, however with economic conditions in Australia showing improvement, Carat rearranged the numbers from its March release to now 2.4 per cent in September.
Commenting locally on the Carat Advertising Expenditure forecast, Simon Ryan, CEO Carat Aus & NZ, said: “For the Australian Market, it is encouraging to see a return to positive growth this year with a 2.4 per cent increase to reach AUD $13.6billion and a further expansion in 2016 at +2.8 per cent.
“There is a clear and absolute focus that digital media is driving growth as its share of total advertising spends continues to inflate year on year and digital is now the leading media in Australia. Digital display is the rising star driven substantially by online video, programmatic and mobile. With cross-device measurement tools becoming more sophisticated and access to premium content increasingly available, greater investments from linear TV budgets are being allocated to digital screens.
“We are experiencing a significant change in market sentiment and consumer confidence which started in the first 8 months of 2015 and is expected to be in play well into 2016. This will be further accelerated by spending on elections for Federal Government, Australian Capital Territory and Northern Territory and the Rio Olympic Games in August 2016.
“Significant and major new product launches led by leading advertising categories including Automotive, Retail, Banking and Telecommunications will also see continued growth in the Australian advertising market in 2016, all driving growth of around est. 2.8 per cent on annual spend.”
When it comes to the global media spends and where brands are putting their money, Carat predicts declines in newspapers and magazines (on trend from its prediction this time last year), with rises in all other markets, at the current prices.
Predictably digital had the biggest forecast, with 2016 predicted to see an increase of 14.3 per cent.
Looking at the global percentage share of advertising spend, television continues to dominate around the world with a 41.3 per cent predicted share, and digital seeing the second highest with 26.5 per cent.