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Shares of Generac Holdings Inc. (NYSE:GNRC) rose 5.9% on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $54.07 and last traded at $53.72. Approximately 1,194,657 shares traded hands during trading, an increase of 142% from the average daily volume of 494,493 shares. The stock had previously closed at $50.73.
The technology company reported $1.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.35. Generac had a return on equity of 46.62% and a net margin of 11.18%. The business had revenue of $559.52 million for the quarter, compared to analyst estimates of $502.94 million. During the same quarter in the prior year, the company posted $0.92 EPS. The company’s quarterly revenue was up 22.7% on a year-over-year basis.
GNRC has been the topic of several recent analyst reports. Goldman Sachs Group raised Generac from a “sell” rating to a “neutral” rating in a research note on Thursday, October 18th. KeyCorp reaffirmed a “buy” rating and issued a $60.00 price target on shares of Generac in a research note on Wednesday, August 1st. Zacks Investment Research raised Generac from a “sell” rating to a “hold” rating in a research note on Wednesday, July 25th. Canaccord Genuity upped their price target on Generac from $58.00 to $62.00 and gave the company a “hold” rating in a research note on Tuesday, September 11th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $54.00 price target on shares of Generac in a research note on Friday, July 20th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Generac currently has a consensus rating of “Hold” and a consensus target price of $56.23.
In related news, EVP Patrick John Forsythe sold 45,150 shares of the stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $57.05, for a total transaction of $2,575,807.50. Following the transaction, the executive vice president now owns 25,835 shares of the company’s stock, valued at approximately $1,473,886.75. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Russell S. Minick sold 9,000 shares of the stock in a transaction dated Tuesday, August 14th. The stock was sold at an average price of $54.86, for a total value of $493,740.00. Following the transaction, the insider now directly owns 16,353 shares in the company, valued at approximately $897,125.58. The disclosure for this sale can be found here. In the last three months, insiders have sold 94,150 shares of company stock worth $5,285,748. 3.00% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. increased its holdings in Generac by 1.2% during the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 78,857 shares of the technology company’s stock worth $4,079,000 after purchasing an additional 958 shares during the period. Wellington Shields Capital Management LLC increased its holdings in Generac by 15.9% during the 2nd quarter. Wellington Shields Capital Management LLC now owns 7,300 shares of the technology company’s stock worth $378,000 after purchasing an additional 1,000 shares during the period. Victory Capital Management Inc. increased its holdings in Generac by 15.9% during the 2nd quarter. Victory Capital Management Inc. now owns 7,870 shares of the technology company’s stock worth $407,000 after purchasing an additional 1,081 shares during the period. Amalgamated Bank increased its holdings in Generac by 13.9% during the 2nd quarter. Amalgamated Bank now owns 9,249 shares of the technology company’s stock worth $478,000 after purchasing an additional 1,130 shares during the period. Finally, Colony Group LLC increased its holdings in Generac by 3.4% during the 2nd quarter. Colony Group LLC now owns 34,808 shares of the technology company’s stock worth $1,801,000 after purchasing an additional 1,145 shares during the period. 97.67% of the stock is currently owned by hedge funds and other institutional investors.
The company has a quick ratio of 0.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 1.87 and a beta of 1.43.
About Generac (NYSE:GNRC)
Generac Holdings Inc designs, manufactures, and sells power generation equipment and other engine powered products for the residential, light commercial, and industrial markets worldwide. The company offers engines, alternators, transfer switches, and other components fueled by natural gas, liquid propane, gasoline, diesel, and bi-fuel.
Recommended Story: What are the benefits of buying treasury bonds?
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Gearbox Software’s Battleborn was shown off a while ago via an official gameplay demo, which you can watch above. We’re told that Battleborn is a massive game with a full-featured campaign. Players can play solo or opt for co-op.
Battleborn will be playable at E3 2015. There will be a beta for the game as well but Gearbox will reveal more details about that later. We’ll update our readers in due course.

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We are just doing last minute preparations to hit the road at our first event in Manchester on Thursday. James and Steve have been plugging away hard to get the demos ready and I have been reliably informed that they have a cluster set up and ready to show off in the day.....the rest will have to remain a secret for now.
Matt & James have also been working hard for the "Windows Vista After Hours" events. Below is a sneak preview courtesy of Matt of the Xbox Elite, plus we have a Home Server appliance, some funky SideShow devices from Ricavision, the latest hardware to be launched this month including a gamer mouse, keyboards and presenter mice and some copies of Windows Vista Ultimate to give away
If you still want to register for the events, you can still do it:


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AFS Announces 2021 Dates for SUCCEED! Virtual Conferences & Expos
‘March 4-7 and August 19-21 ’
(MINNEAPOLIS, MN, December 17, 2020) – The Association of Fitness Studios (AFS) announced today the 2021 dates of two SUCCEED! Virtual Conferences & Expos building on the incredible success of its two 2020 events and recognizing the reality that planning in-person events for 2021 presenters insurmountable obstacles.
Following its two highly successful 2020 events that attracted more than 8,000 registrants, SUCCEED! continues to deliver relevant and dynamic educational experiences for owners, operators, fitpros, and suppliers.
“We took a hard look at the in-person opportunity for 2021,” said Josh Leve, AFS Founder and CEO. “At the moment, the COVID-19 remedy is still in its infancy which makes travel, food service, venue room capacities and a variety of other factors, without the clarity to host a top-of-the-line event.”
AFS and SUCCEED! will continue to monitor the COVID-19 vaccine rollouts and governmental restrictions and will update the industry on any changes that would impact its schedule.
The SUCCEED! Virtual Conferences & Expos will have the advantage of building on the well-received May and October events in 2020. Topics, speakers, and experiential features will continue to be enhanced, as will Expo interactivity between attendees and exhibitors.
The education will highlight the best of AFS and SUCCEED! presenters, a virtual ‘swag bag’, CECs/CEUs, and – as always - free access. Supported by major marketing alliances with leading fitness organizations, participating companies will also be spreading the word to help build the event, meaning the promotional effort will reach nearly 1 million unique viewers.
More information on the SUCCEED! 2021 Virtual Conferences & Expos will be available online shortly. Please check https://www.succeedwithafs.com/online.
The Association of Fitness Studios (AFS) is the only membership community dedicated solely to the business of fitness studios and gyms. AFS provides owners and fitness professionals a wide array of business-specific products, services, and benefits that enable them to more effectively manage and grow their businesses, building on the passion, compassion, and courage they’ve already shown. AFS educational offerings include SUCCEED! events, the first-ever major Business Conventions & Expos - both in-person and virtual - for the fitness industry.
About SUCCEED! Virtual Conference & Expo
When COVID-19 forced the postponement of SUCCEED! 2020, the need for an educational event became even more pronounced. AFS realized that staying engaged with its audience was more important than ever – the identical challenge facing its members. Suddenly, the concept of a virtual event made total sense - an online Conference to help studio owners with Immediate Strategies to Accelerate Your Fitness Business During Uncertain Times. The event drew over 4,300 attendees in May 2020 – the largest online event in the history of the fitness industry. Another SUCCEED! Online Event - this one including a virtual Expo – was held October 23-25, drawing an additional 3,000+ registrants.


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About three years ago, calls for banks to become “mobile-first” started coming in. In July 2014, Bank Systems & Technology ran an article titled 5 Keys to Success for a Mobile-First Strategy, in which it wrote:
“Digital banking is undergoing a dramatic shift as banks’ strategies go from “cram online banking into the mobile device” to a true mobile-first …”
Then, in March of 2016, another article said the following:
“As more people research, shop and buy financial services with their mobile device, a ‘mobile-first’ design strategy may not be enough. To be successful, brands and agencies must think beyond mobile campaigns and start to think about mobile-only as a complete foundation for the next generation customer journey.”
Apparently, to be successful, you don’t actually have to do anything, you just have to “start to think” about it.
Three months after that, another article warned us to Get Ready for the Voice Revolution in Financial Services. Damn, I wasn’t even ready for mobile-only at that point.
Just 11 months later, in May 2017, an Accenture white paper which proclaimed that:
“AI is creating a new era of computing, rapidly moving from mobile-first to AI-first in the customer experience and moving staff to more judgment-based and higher value added roles.”
Judgment-based roles? What does that mean? I thought one of the big promises of AI was that it would produce “judgments” that are superior to what humans are capable of.
As the financial landscape continues to evolve, check out these four anticipated financial marketing trends to focus on for maximizing ROI in 2024.
PSCU’s sixth annual Eye on Payments study reveals shifts in consumer payments preferences and behaviors.
What Banks Must Do Is Stop Being ‘Technology-First’
The calls for banks to be mobile-first, mobile-only, voice-first, AI-first — or any ‘technology-first’ — are misguided. They represent a channel-, technology-, or device-centric view that is at the root of banks’ strategic problems.
This [fill-in-the-blank]-first thinking is misguided for a number of reasons:
1) Convenience drives consumers’ choices of channels and devices. I don’t care how many market research stats you can find about consumers’ use of branches, mobile devices, or voice-enabled technology, you will never sway my belief that consumers will use whatever channel or device is most convenient for them at the moment they want or need to interact.
One chatbot provider advertises the following:
Seriously? In the time it takes this customer to type out or even say “I would” he could have hit a button and found out his balance.
Granted, if he was underneath his car doing repairs, with greasy hands, and realized he had to buy a $300 part to fix the car, yelling out “Alexa, what’s my account balance?” would be helpful. But it is simply not a capability that will give any financial institution a competitive edge in the market.
2) It’s the process — not the device — that matters. Having AI-enabled, voice recognition capabilities that understand customers’ questions — and improves the understanding of those questions over time — is great, but is useless unless questions, issues, and opportunities are resolved to the liking of both the customer and the bank.
In other words, technology isn’t a paaacea for ineffective business processes, practices, or policies.
It’s way too early in the evolution and use of AI technologies in banking to know how effective these tools will be for dealing with the wide range of interactions, problems, issues, and opportunities that are out there for anybody to claim that banks must be AI-first today.
Another way to think about this: the “User Interface” is not the same thing as the “User Experience.”
Alexa is a user interface. Without process support behind the interface, the overall user experience falls short.
3) The product still matters. You may be sick of hearing the phrase “putting lipstick on a pig,” but if your core products and services suck, then slapping a “voice-first” or “AI-first” capability on top of them is doing nothing more than….well, putting lipstick on a pig.
If, however, your AI-powered capabilities provide better advice and guidance to consumers looking to make smarter decisions, than that is sellable. In other words, the technology capability can become the product or service if there are consumers willing to pay for — or value — that capability.
Unfortunately, in all of these [fill-in-the-blank]-first proclamations, no one ever seems to mention the underlying products and services.
What Banking Providers Need to Be is Customer-First
When I think of successful financial firms, USAA is right there at the top of the list. Is USAA mobile-first? Mobile-only? AI-first?
I don’t think so, and I doubt that USAA would use any of those descriptions. I think they would describe themselves as member-first. Military member, to be exact.
USAA’s focus can be depicted by a bulls-eye. At the center are active, deployed military personnel. Although this is not the only segment the firm serves, it’s the segment with the most unique needs. They have limited access to physical branches, are away from home for potentially long periods of time, and therefore, have a lifestyle that can put strains on their households when financial issues arise.
As a result of these unique needs, USAA naturally relies on digital technologies to meet these needs. But the firm isn’t mobile-first because some survey said consumers are relying more heavily on their smartphones to do things. USAA is mobile-first because the consumer segment(s) it serves requires the firm to be mobile-first.


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German company assurance has fallen to its cheapest stage for extra than two many years in the most current indicator that Europe’s major economic climate is teetering on the brink of economic downturn.
Businesses across Germany grew to become additional gloomy about the two their latest situation and the outlook for the upcoming 6 months, according to the Ifo Institute’s carefully watched index of business self esteem. The consider-tank’s index this month fell to 88.6, down from 92.2 in June, marking its lowest degree due to the fact June 2020.
Germany has been tricky hit by soaring price ranges and the Russian fuel disaster, which threatens to halt production at some of the country’s industrial powerhouses around the wintertime months.
Gross domestic merchandise figures for the next quarter are out on Friday and are predicted to display German expansion of only .1 for each cent, in accordance to economists polled by Reuters. The overall economy grew .2 for each cent in the very first quarter just after shrinking .3 for each cent in the final three months of 2021.
The Ifo effects ended up even worse than envisioned by economists polled by Reuters, who on common forecast the index would tumble to 90.5. “Higher power prices and the danger of a gas scarcity are weighing on the financial state,” stated Ifo president Clemens Fuest, introducing that the eurozone’s biggest economic climate was “on the cusp” of a recession — outlined as two straight quarters of destructive expansion.
The gloom among the 9,000 German firms surveyed by the Munich-based imagine-tank was widespread. Fuest mentioned self-assurance experienced “plummeted” among the producers, whilst it had “worsened substantially” amongst services providers, “took a nosedive” at retail traders and experienced “deteriorated” in construction.
“The temper turned even in tourism and hospitality, in spite of wonderful current optimism below,” he explained, including: “Not a solitary retail section is optimistic about the potential.”
Carsten Brzeski, head of macro investigation at Dutch bank ING, mentioned he anticipated German GDP to contract in the 2nd quarter, beneath force from gas shortages and soaring selling prices. “In the foundation situation circumstance, with continuing supply chain frictions, uncertainty and high strength and commodity rates as a final result of the ongoing war in Ukraine, the German economic system will be pushed into a technical recession,” claimed Brzeski.
Dutch entrance-thirty day period futures, the benchmark for European gas charges, rose 3.8 per cent to €166 on Monday — a additional than seven-fold maximize from a yr back.
A survey printed on Monday by the DIHK affiliation of German chambers of commerce and marketplace found that 16 for every cent of production organizations said they would respond to better vitality rates by scaling back their manufacturing or partly abandoning some spots of business enterprise.
“These are alarming figures,” stated DIHK president Peter Adrian. “They display how strongly permanently high electrical power price ranges are a burden on our area. A lot of organizations have no preference but to close down or relocate manufacturing to other locations.”
The fall in the Ifo index mirrored the similarly downbeat results from a survey of getting managers, performed by S&P Worldwide, which showed German companies experienced endured their most important slide in activity for far more than two several years in July.
“The German overall economy is most likely presently in a downturn,” explained Jörg Krämer, chief economist at German lender Commerzbank. “Unfortunately, how undesirable points conclusion up is generally in [Russian president Vladimir] Putin’s arms. If there had been a entire halt to gasoline materials, a deep recession would be inescapable.”
The German central financial institution warned in April that an quick ban on Russian gasoline imports would knock 5 share factors off German GDP.
Russia has previously slashed exports of gasoline to Europe as tensions have risen involving Moscow and the west more than the war in Ukraine. Berlin past thirty day period triggered the second stage of its nationwide gasoline unexpected emergency plan, a go that introduced it a step nearer to rationing materials.
German shopper charges rose 8.2 for every cent in June, pushed by soaring energy and food items costs, irrespective of the dampening outcome on price ranges of govt transport and fuel subsidies.
“High inflation is now squeezing buyer desire whilst the threats of large interest prices and gasoline rationing are looming,” stated Jessica Hinds, senior Europe economist at analysis team Funds Economics. “Germany seems established to tumble into a further economic downturn than most in the coming months.”
Economists are also involved that recent dry weather conditions has decreased the h2o level in Germany’s most important rivers to near to the multiyear lows hit throughout the 2018 drought that disrupted shipping on the Rhine and strike the country’s financial system.
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Latest developments in the stories of two retailers having experienced serious data breaches within the last week find exposed data for both having been allegedly sold successfully, as attention shifts elsewhere to yet another high profile name falling prey to a cyber attack.
National postal service Australia Post has today announced its formal commitments to the Australian government’s Net Zero by 2050 climate goals, becoming the first Commonwealth Government Business Enterprise to sign on to the target.
Fuel prices are set to rise again across Australia, as the Government’s Fuel Excise cuts have expired, opening the door again for the cost of petrol to shoot back up to punishing levels for consumers. The news for online retail, however, may not be all bad - as out of necessity consumers increasingly turn to online shopping as a method of saving on fuel costs.
We identified three key strategies for retailers to meet — and exceed — shopper expectations going into peak season from BigCommerce’s 2023 Customer Experience Report: What Online Shoppers Want from Brands.


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LOUISVILLE, Ky. — Volvo Trucks showed off its full range of North American Class 8 models here during the Mid-America Trucking Show, with Volvo President Sales and Marketing Göran Nyberg stressing that with 2014 and beyond fuel efficiency and more customer uptime will continue to be major focuses.
LOUISVILLE, Ky. — Prior to 2013, engine technology was centered on achieving near-zero NOx and particulate emissions, but the focus for now and beyond has shifted to total customer value, greater fuel efficiency, reliability and alternative fuels, said Cummins officials here prior to the Mid-America Trucking Show.
TROY, Mich. — Meritor Inc. and Pressure Systems International (P.S.I.) say they are making it easier for fleets to check wheel-end pressure output by expanding availability of an optional feature on their automatic tire inflation system.
LOUISVILLE, Ky. — Go Power!, a leading innovator of solar-based mobile power solutions for RV, marine, work truck and over-the-road fleet vehicles, announced that its new Solar Flex panels will be used by Cummins Crosspoint to demonstrate new solar applications at the 2014 Mid-America Trucking Show in Louisville, Ky.
GRAPEVINE, Texas — ALK Technologies, a global provider of GeoLogistics solutions and navigation software, this week announced that ALK Maps and PC*MILER Web Services will be integrated with McLeod Software's Load Master and PowerBroker products.
GRAPEVINE, Texas — Omnitracs, a provider of integrated wireless systems, applications and services to transportation and logistics companies, Sunday announced the upcoming availability of NaviGo 5.1 powered by Telogis in-cab navigation on the Mobile Computing Platform 200 and 110 (MCP200 and MCP110).


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Colorado blockchain council drafting two bills, considering fintech regulatory sandbox
The Colorado Council for the Advancement of Blockchain Technology is in the process of drafting two bills to help spur innovation in the blockchain industry. “The goal is to create incentives and to not make it difficult to use cryptocurrency to use goods and services,” Snell and Wilmer lawyer Eric Kintner said. Kitner is a member of the Council for the Advancement of Blockchain Technology, which Colorado Gov. John Hickenlooper created in June.


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The first thing you hear when you walk into any Moe’s is an enthusiastic "Welcome to Moe's!” Now Moe’s is inviting its loyal fans to participate in shouting the greeting in the first-ever Moe’s Rally Cry Instagram Campaign, encouraging fans to post an Instagram picture or video expressing their unique “Welcome to Moe’s” rally cry for a chance to win a $250 gift card.
Moe's Southwest Grill
“Welcome to Moe’s!” can now be heard by travelers in the main terminal of the Orlando International Airport, as Moe’s Southwest Grill recently opened in the airport. Ranked the No. 1 Mexican food concept by Technomic in 2013, Atlanta-based Moe’s Southwest Grill serves made-to-order burritos and southwest fare in a fun and laid back environment.
Moe’s Southwest Grill finished 2013 with $526 million in system-wide sales, a 12 percent increase from 2012. Moe’s also exhibited a 4.5 percent increase in same-store sales. The company will open nearly 100 new restaurants in 2014.
Jimmy Durham knows Moe’s. After seven years of working the corporate side for Moe’s Southwest Grill, Durham transitioned to the franchise arena as director of operations for MJR, an eight restaurant group based in Vestavia Hills, Alabama. When Durham joined MJR, implementing RTIconnect was at the top of his list.
“Welcome to Moe’s!” will soon be heard on the streets of Wakefield, Rhode Island, when Moe’s Southwest Grill opens at 600 Kingstown Road in the Belmont Shopping Center on Friday, December 20. To celebrate the grand opening, all customers will receive a free burrito with any purchase on opening day.
Millennials. Ever heard of ’em?
Of course you have. Millennials are all anyone in foodservice can talk about right now, the crème de la crème of today’s coveted customer demographics. Depending on whom you ask, they might be 20 years old or they might be 35 years old; studies vary on what, exactly, the age range for Millennials should be. But there’s no doubt that whatever their age and whatever you call them, the young, pre-family customers of today are driving food trends and throwing quick-service brands into a tizzy of new product development and promotional innovation.
Cheryl Gallowitz, a veterinary technician from Newberry, Florida, will have her original salsa recipe debut in Moe’s Southwest Grill restaurants nationwide on Thursday, October 3. Gallowitz entered her creation, dubbed “Three Bears Salsa,” in Moe’s “Raise the Salsa Bar” Facebook contest during the summer of 2012 and won the grand prize of $1,000. One year later, the southwest-style burrito franchise is now ready to unleash the new salsa to customers across the U.S. for a period of six months.
Moe's Southwest Grill, the growing Mexican fast casual, signed a master franchise agreement to develop several locations in Guatemala and El Salvador.
Under the agreement, 10 Moe's restaurants will be developed in the neighboring Central American countries over eight years, the first of which is slated to open in 2014 in Guatemala City.
This deal marks the brand's entry into these Central American countries and highlights the international demand for Moe's Southwest Grill. The first Moe's in Central America opened in Costa Rica in 2012.
Sustainable practices are all the rage across the restaurant industry these days.
The expansive show floors at the National Restaurant Association’s annual trade show in May confirmed that the momentum behind these initiatives isn’t waning. From tableware and takeout containers to faucets, lighting, and cleaning products, green was the word. That also extends to the proteins most quick-service and fast-casual restaurants use as their menuboard centerpieces.
Free Queso Day is back for the fourth year in a row at participating Moe’s Southwest Grill restaurants on Thursday, September 19. The restaurant franchise featuring fresh, southwest fare is offering a free six-ounce cup of Moe’s Famous Queso all day at participating locations, no purchase necessary.


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How to make a lithium-ion battery, the first of its kind
The battery technology developed by a California company could revolutionize energy storage.
A new research paper published by Stanford University describes the first lithium-polymer battery, which is more than two-thirds as powerful as its predecessor, and which uses a process called electron oxidation.
It is the first demonstration of the battery’s performance in a lithium ion battery, according to the paper.
The lithium-on-metal battery is not as complex as traditional lithium ion batteries, which require a special coating of carbon nanotubes.
It’s much simpler to make.
The battery is made from a solid lithium ion alloy, and the lithium is mixed with nickel, iron, cobalt and other metals.
This makes the battery much more energy-dense than lithium-based batteries, and it can be made in a much shorter time, the researchers wrote.
They hope the process will be used for future electric cars and other devices, such as solar cells and electric vehicles.
The team from Stanford has a number of patents that cover a variety of energy storage devices, including solar cells, lithium-batteries, energy storage, electrolytes and batteries.
It also has patents on the lithium-sulfide battery and a lithium battery for automotive applications.
The researchers said they have no plans to commercialize their lithium-electron battery.
The team plans to focus on the research and development of energy-storage devices.
The process could revolutionise energy storage and allow companies to make batteries that have lower costs and higher energy density, according the paper, titled “Electron Oxidation as a New Lithium-Polymer Battery: A Comparative Study.”
The team’s lithium-polarit electrochemical battery was a part of a research paper released in August.
The process, known as lithium-oxidation, involves the oxidation of nickel, which releases a low-energy electron.
The researchers used this low-voltage electron to drive a magnetic field.
This technique was also used to make the solar cells that powered Tesla Motors’ battery pack.
The Stanford team hopes to further improve the process and apply the technology to other energy storage applications, including batteries for electric vehicles, batteries for solar cells or for batteries for batteries in other energy-intensive industries, according this paper.


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Full specifications sheet and photos of alleged Samsung Galaxy Pocket 2 have surfaced online on a Vietnamese retailer website, Mainguyen. This phone comes out to be an entry level dual-sim Android handset featuring a 1GHz dual core processor and Android 4.4.2 KitKat OS out of the box. Continue reading
Yet-unannounced Samsung Galaxy Core 2 Duos has just popped up online alongside Galaxy Pocket 2 on a Vietnamese retailer website, Mainguyen. Samsung Galaxy Core 2 Duos (SM-G355H) appears to be an affordable dual-sim 3G smartphone which packs a quad-core processor and runs Android 4.4.2 KitKat OS out of the box. Continue reading
Samsung has officially lifted the covers off its much-anticipated Galaxy Tab S lineup bringing two new ultra-slim tablets – Galaxy Tab S 8.4″ and Galaxy Tab S 10.5″. Samsung Galaxy Tab S 8.4 (SM-T700) features a stunning WQXGA display, an octa core processor and runs Android 4.4 KitKat OS.
Oppo R3 has officially by Oppo as the world’s slimmest LTE smartphone sporting an Aluminum unibody frame that is only 6.3mm thick. Oppo R3 features mid-range hardware which include Snapdragon 400 SoC, 720p display panel and 1GB of RAM. Continue reading
Huawei Ascend P7 has officially been launched in Pakistan by Huawei as their new flagship Android smartphone boasting a 5.0-inch full HD display panel, quad-core Cortex A9 processor and 4G-LTE connectivity – all for a price tag of Rs. 47,000/- only!
Samsung Galaxy Core Lite (SM-G3586V) has officially been released by Samsung in Taiwan as a mid-tier budget Android smartphone offering full-fledged 3G and 4G-LTE connectivity and a quad-core processor running Android 4.3 Jelly Bean OS out of the box. Continue reading
A bunch of purported live photos of the recently-leaked Samsung Galaxy F have surfaced online again, giving us a clearer view of its brushed metal outfit and thin side bezels. As we already mentioned in an earlier post, Galaxy F is intended to be released by Samsung as a ‘premium’ version of company’s current flagship smartphone. Continue reading
Xolo Q1200 has officially been released by Xolo in India as a budget Android smartphone featuring a 5 inches HD screen, quad-core processor, Mali graphics, 1GB of RAM, and Android 4.2 Jelly Bean OS out of the box. It is going to be launched all across India on June 10. Continue reading
Samsung’s upcoming lineup of AMOLED tablets, Samsung Galaxy Tab S, has been buzzing online for quite a while now. Today, the guys over at SamMobile have got their hands on the latest feature list and a bunch of new photos of Galaxy Tab S 10.5 – nearly a week ahead of the official release date.


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Indian talent in America got a shout-out from billionaire entrepreneur Elon Musk after Parag Agrawal was appointed as the chief executive officer (CEO) of Twitter on Monday.
"USA benefits greatly from Indian talent!" tweeted the Tesla boss.
He was replying to a tweet on Indian-origin persons leading some of the world’s top tech companies, such as Google, Microsoft, Adobe and IBM.
Parag Agrawal is the latest India-born talent to be tapped to lead a major US tech firm, following the likes of Google-parent Alphabet's CEO Sundar Pichai and Microsoft CEO Satya Nadella.


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While Tesla has created themselves their own prosperous piece of the market by manufacturing and selling commercial electric vehicles. However all that effort is now finding a lot of competition as more and more companies try their hand at building and selling electric cars.
Legacy automakers including BMW, Mercedes-Benz and Audi, along with new entrants like Rivian, are either already offering or poised to roll out new plug-in options.
Compiling the issues facing Tesla is the slow adoption among U.S. consumers of emissions-free vehicles, as fuel prices remain low and interest in gasoline-powered sports utility vehicles and pickup trucks remains high.
Tesla "had free reign over the segment for quite a while, really no direct competition," said Jeremy Acevedo, managing director at Edmunds. "While one of the [new] models might be a thorn in their side, in aggregate it does become a bit of an issue."
Still, Tesla’s Model 3 sedan is not only the best-selling electric car in the U.S. – representing 80 percent of the 360,273 plug-in models sold in 2018 – but also the top midsize luxury car.
The line has been plagued, however, by consumer complaints of design and manufacturing issues, problems the company says have been addressed.
Customers will also soon have to pay more for a Tesla once a federal tax credit for electric vehicles is reduced in July and ultimately eliminated in 2020. The Palo Alto, California-based firm is offering a lower price, entry-level Model 3 for $35,000, but it can only be ordered via a physical store or over the phone.
Read more here
Join us in Madrid, November 12-15 for the Global Online Marketplaces Summit.


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2020-08-18 · The latest technology news, gadgets, science news, and more.
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2021-04-17 New iMac with Apple M1 chip launched, price in India starts at Rs 1,19,900. Apple has introduced the latest generation of iMac in an event, which will be available starting the second half of May. ExtremeTech - ExtremeTech is the Web's top destination for news and analysis of emerging science and technology trends, and important software, hardware, and gadgets.
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Read student and faculty news about Lawrence Technological University near Detroit, MI. Tech giants are moving into our wallets—bringing AI and big questions with them . Stay updated on MIT Technology Review initiatives and events? Yes No. News Apr 22, 2021 Gizmochina brings you the best of Chinese Tech from emerging smartphone companies, innovative startups, to crazy smart home products Tech news, commentary and other nerdiness from Seattle, covering Microsoft, Amazon, Google, Internet, startups, mobile, PCs, geek culture, more. 1 Oct 2019 Ever wanted a one stop shop for all your tech news requirements? Well, TechTuesday is what you've been waiting for! Tune in every upcoming Tech News - Get latest updates on technology news, upcoming phone, gadgets, review, mobile price, online games.
Tech News, Amritsar, Punjab. 290,316 likes · 186 talking about this. Tech News Is an Online Media Platform For Latest Technology, Hacking, Science And Web News and Tutorials. Big Tech, also known as the Tech Giants, Big Four, or Big Five are the largest and most dominant companies in the information technology industry of the United States, namely Amazon, Apple, Microsoft, Google, and Facebook. Technology is always improving upon itself, but that doesn’t mean that newer is necessarily better. While there’s no denying that our lives are better with smart phones and streaming services, there are some outdated technological advanceme
When you own an Apple computer or mobile device, there may come a time when you need to reach out to the company to get assistance.
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DETROIT (AP) - Frigid temperatures and snowy weather generally kept buyers away from auto showrooms last month, with Ford, General Motors, Toyota and Volkswagen all reporting declines from a year ago.
But Chrysler, Nissan and Subaru dealers were smiling because sales ran counter to the thermometer and were up for all three brands.
GM said its sales dropped 12 percent compared with the same month a year earlier, while Ford and Toyota each were down 7 percent. Since they are the three top-selling automakers, sales overall are likely to be down for the month. Volkswagen also slumped, down 19 percent.
But Chrysler's U.S. sales advanced 8 percent, while Nissan's rose nearly 12 percent. And Subaru, with its entire lineup of all-wheel-drive vehicles, saw a 19 percent increase.
Chrysler notched its best January in six years. Sales were led by the Chrysler 200 midsize car and the Ram pickup. Both posted gains of more than 20 percent. Jeep brand sales rose 38 percent, fueled by sales of 10,505 new Cherokee small SUVs.


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GLENNVILLE, Ga. — Though not a large segment, Vidalia onion shippers and marketers say the organic onions they ship enjoy consistent demand.
Bland Farms LLC grows 192 acres organically. That accounts for a little more than a tenth of its own 1,700 acres, said Michael Hively, chief financial officer and chief operating officer.
Hively characterizes demand as flat but consistent.
“I see it still growing, but maybe it’s catching its breath,” he said.
“Coming out of this recession, in this economy, most people don’t want to pay the extra cost for organic. Sales have been flat over the last couple of years.”
Most retailers carry only a small line of organics and keep their shelf space limited, Hively said.
As onions didn’t make the notorious “Dirty Dozen” list, perhaps consumers aren’t more prone to purchase organic versions of onions, said Sarah Seebran, marketing manager.
Because growers can’t apply limited amounts of nitrogen, sulfur and other inputs to their organic crops as they do with their regular crops, the organic onions often mature with many more inconsistencies that growers don’t see in their conventional crops, Hively said.
Barry Rogers, president of Sweet Onion Trading Co., Melbourne, Fla., said he grows organics only in select growing regions, such as Vidalia, Peru and California.
“Organics took off like gangbusters when the whole organic deal exploded, but it calmed down when the economy calmed,” he said.
“Everyone started cutting their orders when the economy grew worse. We got to where we couldn’t sustain what we were doing and make money.”
Sweet Onion Trading does offer organic sweet onions but doesn’t conduct marketing campaigns for them, Rogers said. If demand increases in the future and makes production viable, he said he would consider getting larger in the deal.
The growers who grow for Shuman Produce Inc., Reidsville, expect to harvest from 50 acres this season.
Mark Shuman, general manager, said acreage remains consistent with previous seasons.
“The organic Vidalias look very good this year,” he said.
“It’s a small segment, but it will continue to have its place. It’s here to stay and is an add-on sale. We like to sell things. We have learned how to grow and how to grow them more efficiently. We have been able to do that in a manner that has helped extend the shelf life of those onions.”
Shuman acknowledged that growing organic onions requires a learning process. As growers cannot grow organics without their conventional armaments, he said it’s like learning how to walk again.
Hendrix Produce Inc., Metter, has trimmed its organic acreage from 30 acres last season to 20 acres this year. Hendrix began with 8 acres in 2001.
“Some chains want it, but a lot won’t do it,” said R.E. Hendrix, president.
“The reason we started growing them is because a major Canadian chain wanted them. Most of the major chains buy a few. They may put one pallet of organics on a truck having 19 conventional pallets.”
Growing organic Vidalias has been disappointing for Anthony Cowart, co-owner of Cowart Farms, Lyons.
Cowart, who sells his onions through Keystone Fruit Marketing Inc., Greencastle, Pa., began dabbling in organics in 2008, but stopped production because he said growing organics isn’t economical.
“There’s small demand and in the last two years, demand has actually dwindled farther,” Cowart said.
“If there’s any need for it, we have relationships with other growers. It makes it more economically feasible for them to grow them instead of everyone trying to be in the deal and flood that part of the market with supply.”
Cowart said his operation might sell 15-20 pallets throughout the season, so organics remains a mixer item for most customers.
L.G. “Bo” Herndon Jr., president of L.G. Herndon Jr. Farms Inc., Lyons, said growing Vidalias organically remains challenging.
“It’s a very hard animal to do because you’re so limited on where you can put the onions and how you can farm them,” he said.


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Communications agency O PR has set up a specialist consumer PR team as it continues to see new account wins in the B2C field.
The Newcastle-based agency has recruited account director Emma Campbell, who will head up the O PR consumer team working across the agency’s food, fast-moving consumer goods (FMCG), retail, housing, telecommunications, consumer finance, leisure and utility clients.
She will be providing the agency with further expertise on the ever-changing digital landscape and has previously spoken on digital PR at events and conferences nationwide.
Account manager Alex Donaldson has also joined the O consumer team after supporting the agency on maternity cover during the past year.
And Amy Jackson recently joined the agency after previously working at two other regional PR firms on several clients including Ross’s Pickles and the Festival of the North East event.
O PR managing director Kari Owers said: “B2C brand wins have been our fastest-growing area of the agency in the last six months, with many new clients looking to reach media-savvy consumers in a new and exciting way.
“Our integrated approach to both on and offline PR has seen us answer client briefs via press campaigns, blogger and influencer relations, social media community management, content marketing and experiential events - all based on the latest insights into consumer media habits.”


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Even long-time critics acknowledge the success, with Samson Mow, the former chief operating offering of BTCC, a bitcoin mining and exchange service that’s been criticized publicly by Wu, pinning. Wu’s project, called Matrix, will be a custody and trading firm with substantial ties to Bitmain, one of the world’s largest crypto mining conglomerates. We Monitor the existing Market to such Products in the form of Capsules, Ointments and several Tools already since Longer, have already a lot investigated and too itself tried. Jihan Wu (Chinese: 吳忌寒; born 1986) is a Chinese billionaire cryptocurrency entrepreneur. Jihan Wu Allegedly Stole Business License The entire world has come together to fight the deadly COVID-19 malady. The ongoing power struggle for control of Bitcoin mining equipment giant Bitmain has taken an interesting turn as former CEO and jihan wu bitcoin mining co-founder Jihan Wu has regained legal representative status.
The made Experience on jihan wu Bitcoin mining are amazingly through and through accepting. For context, NVIDIA Corp. The code has run as planned and from today, first among its forks, 6. Among the changes, Wu’s position went from a director to a “supervisor,” which leaves him unable to vote in board decisions. 91 billion in. com, and Bitcoin. The news was first reported by The Block. This increase has largely to do with the news that in the struggle for power from Bitmain is over.
Meanwhile, since the drama in October, Wu has announced a series of measures aimed strengthening positions of the company, including discounts,. Ousted Bitmain CEO Makes Legal Move to Dethrone Jihan Wu In December, Micree Zhan Ketuan, the ousted co-founder of the world&39;s largest producer of Bitcoin mining equipment, Bitmain, reportedly asked a Cayman Islands court to reverse a shareholder decision that cost him voting control of the crypto-miner. Namely, Jihan Wu and Bitcoin ABC feel that higher blocksize limits will increase mining centralization because only larger-scale miners will be able to process larger blocks.
In a new interview with the Chinese crypto outlet 8BTC, Wu says central banks’ efforts to combat the impact of the pandemic through bailouts and loose monetary. · Jihan Wu, the co-founder and chief executive of mining rig manufacturer Bitmain, says he’s optimistic that Bitcoin can perform well this year in spite of the coronavirus outbreak. Bitcoin Mining Bitmain Co-Founder Jihan Wu Stripped of Executive Authority in Possible IPO-Related Shakeup. · Bitmain co-CEO Jihan Wu discussed buying Bitcoin, cryptocurrency mining, conspiracy theories and China&39;s regulatory crackdown on crypto. · Jihan Wu founded Bitmain maintains AntPool which holds the largest hashrate distribution amongst mining pools; currently AntPool mines 16. · The return of Jihan Wu during the first Bitcoin Cash halving By Lorenzo Dalvit - The mining reward of the Bitcoin Cash network has been cut in half as a result of the new halving that took place successfully today.
· Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain Lucas Cacioli 17:00 2 Min Read The ongoing power struggle for control of Bitcoin mining equipment giant Bitmain has taken an interesting turn as former CEO and co-founder Jihan Wu has regained legal representative status. originated from Micree Zhan is getting nastier. Started atomic number 85 plain some cents and now Bitcoin is worth more than ,000. Progress thanks jihan wu Bitcoin mining. · Wu Jihan On Cryptocurrencies And Bitcoin Cash One of the main questions was whether Bitmain may, in the future, have a higher market capitalization than Bitcoin. 14 shows Jihan Wu as the legal representative and. Established in July with the goal to offer over-the-counter trading, lending, custody and investment services for crypto, Matrixport boasts a systematic security model, global distributed infrastructure and business-focused security innovation capability to assure the security and. Micree Zhan made co-founder of Bitmain, which make for bitcoin blower bitcoin cash network, bitcoin jihan wu whistleblower on creating Who is bitcoin cash crypto currency pullback from the current IMineBlocks 2, views New.
· Jihan Wu, the successful jihan wu bitcoin mining businessman who turned Bitmain into an empire in the world of crypto-mining, is about to reach the end of his career as CEO of that company. Besides BTC. Wu was the first person to translate the Bitcoin white paper into Chinese, and he was fascinated by Bitcoin’s inner workings. Jihan Wu is the Wu - NEWS.
· The Bitcoin mining equipment giant’s ousted CEO, jihan wu bitcoin mining Micree Zhan recently released a document accusing Jihan Wu of engaging in illegal activities including, theft as well as the wrongful use of the company’s money. Matrixport is a Singapore-based cryptocurrency startup which was launched by former Bitmain CEO Jihan Wu. jihan wu bitcoin mining The power struggle in one of the largest Bitcoin mining hardware manufacturers in the world is still ongoing but could reach a very nasty end soon, at least according to some leaked documents. Everything seems to indicate that. Due to this highly visible role and outspoken position on hot issues, Jihan Wu has become something of a villain in the Bitcoin community. This makes Jihan Wu highly influential in. Jihan wu Bitcoin should be part of everyone’s portfolio under high-risk, high reward investment.
· Jihan Wu Reveals New Path in Wake of Bitmain IPO Disaster. TOP, the proposal is supported by other large mining pools: Antpool, ViaBTC, BTC. Small businesses may like them because there are no assign card. Chinese mining-chip giant Bitmain Bitmain in, which Bitcoin News — Bitcoin &39;Bull Run operations in Beijing in is the co-founder of Bitmain, a multinational semiconductor ousted co-founder Wu Jihan Leadership Feud at Bitmain: tech Ex-Bitmain CEO Jihan is a Chinese billionaire & CEO @ Bitmain.
com, and it&39;s signed by Zhuoer, Jihan Wu (CEO of Bitmain), Haipo Yang, and prominent Bitcoin Cash supporter Roger Ver. Jihan wu Bitcoin can be used to pay for things. He pitched Zhan on the idea of building specialized hardware for Bitcoin mining. “As bitcoin’s market cap grows, its volatility decreases and becomes more stable,” Wu detailed. Jihan Wu Writes Controversial Post on Reddit Much of the Bitcoin Cash (BCH) November hard fork controversy swirls around blocksize upgrades. · TL;DR: The Future of Bitcoin Cash team hosted one of the most influential figures in Bitcoin, mining giant Bitmain CEO and co-founder Jihan Wu, during its marathon live stream on Ap. The CEO of Bitmain, Jihan Wu, has announced that Bitmain has fully developed a 7 nm chip for Bitcoin mining, and is planning on releasing a new series of Antminers that use these new chips. Jihan Wu cofounded Bitmain with Micree Zhan in.
· Jihan Wu met Micree Zhan, who was looking for investors for a startup in the blockchain space. com’s CEO Stefan Rust sat down with Jihan Wu, cofounder of Bitmain Technologies and Matrixport. As Sanyan Blockchain reports, the mining giant altered the make-up of its board last week. The two discussed how cryptocurrencies being used for payments is spreading and how Bitmain is doing after the bear market last year.
4% of all blocks. At the World Digital Mining Summit in Frankfurt, Germany, Bitcoin. Jihan wu Bitcoin mining can be old to buy merchandise anonymously. Bitcoin has been a high-risk high recognize promotion until straightaway. Wu also discussed cryptocurrencies like ethereum (ETH) and bitcoin cash (BCH) as well. JiHan Wu’s will come out as the winner, and the well known BCH-trailer, run up to the world’s largest miningbedrijf.
Advocates for Bitcoin argue that Wu is unjustly wielding his power over the mining hardware and pools, restricting access to the tools Bitcoin needs to grow, and defying the open source and decentralized ethos of Satoshi’s vision. According to China’s business registration record of Bitmain, an update on Sept. You can bitcoin cash Bitcoin Start pm. Judge Says Coinbase Botched The “Most Important Man Today Johns is stonejaber. Bitmain is China&39;s largest cryptocurrency mining-chip company; it specializes in selling ASIC chips used to mine bitcoin and a variety of other cryptocurrencies. Jihan Wu is the co-founder of Bitmain, a multinational semiconductor company that is a major manufacturer of application-specific integrated circuit (ASIC) chips used to mine bitcoin and a variety. Bitcoin to Cash has increased, within 24 hours, with a 12.
Bitcoin halving may not lead to bull market, but I am positive about the long-term jihan wu bitcoin mining trend of Bitcoin’s price, Jihan Wu, co-founder and CEO of the bitcoin mining hardware maker Bitmain shared his opinion about bitcoin halving on World Digital Mining Summit held in Frankfurt, Germany. The BCH community is experiencing its first mining reward halving, and the entire cryptocurrency ecosystem is monitoring everything from the BCH hash. The latest tweets from In an interview with Bloomberg, Jihan Wu,. According to an article published by the South China Morning Post, the Bitmain board of directors would have decided to relieve Jihan Wu and Ketuan Zhan of their positions as heads of the company. Together with Micree Zhan, he co-founded Bitmain in, which jihan wu bitcoin mining has become the world&39;s largest computer chip company for bitcoin mining, with US. Reloads and free spins available every day, for every player, in mBitcasino Crypto Autumn Bonanza! atomic number 49 addition, international payments are easygoing and bargain-priced because Jihan wu Bitcoin mining are not unlaced to any country or subject to regulation.
5 per cent from 237 to 266€. In a development that has surprised many in the crypto community, Bitmain co-founder. However, according to Bloomberg, Wu and Zhan hold 21% and 37% of the company, respectively. · Jihan wu Bitcoin mining is a new currency. Jihan Wu (Chinese: 吳忌寒; born 1986) is a Chinese billionaire cryptocurrency entrepreneur.
jihan wu bitcoin mining Micree Zhan and Jihan Wu, the founders of Bitmain, have been embroiled in a bloody battle for control of the company since last fall, when Zhan was. Founded in, Bitmain is China&39;s largest cryptocurrency mining-chip company; it specializes in selling. He was also the leading supported of Bitcoin Cash in. 25 BCH will be extracted at each block. The news Mining and Industry Growth Wu is the co-founder — Then Wu decided to rent power the Antpool and BTC. · Bitmain’s CEO Jihan Wu discussed his thoughts about the future of the cryptoconomy, bitcoin mining, and the bitcoin halving.
, which also manufactures processors used for bitcoin mining, had yearly revenues of . It jihan wu bitcoin mining was assumed that Wu left Bitmain in disgrace upon his replacement as CEO in early. With jihan wu Bitcoin mining to improve. 7 nm transistors are the smallest known transistors to have been used for Bitcoin mining so far and have already been integrated into rigs by the Japanese companies GMO Internet and Triple-1. Jihan Wu is the cofounder and chairman of Chinese mining-chip giant Bitmain Technologies. 5 billion in revenue in. At the moment of writing this article Bitcoin as a market value of 2 billion dollars, but if it keeps falling as it happened during this year, Bitmain may surpass the famous virtual.
· Now, the chief executive of China-based bitcoin mining giant Bitmain, Jihan Wu, has warned the next bitcoin block reward halving may not spark a bitcoin price bull run, as many hope. COM Jihan Co Ex-Bitmain CEO chips designed specifically for hardware, including ASIC cofounder and chairman of Bitmain, the world&39;s largest mining conglomerates.
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Wayô Records have just announced their next upcoming release, which is the soundtrack to the classic JRPG Grandia and accompanying arrangement album Vent together in one box set. Alongside this set they are also releasing a new Noriyuki Iwadare tribute arrangement album titled Twelve Doors.
The Grandia/Vent release will be a 180g 3LP box set. The box features new game art by Toshiaki Hontani and will include printed inner sleeves and a 20-page booklet featuring artwork and liner notes from the game’s development team.
It will be available in a standard edition on mint green vinyl as well as a limited edition on “Saturn” green marbled vinyl, which is limited to 500 copies and also includes a piano sheet music for the game’s main theme and a shikishi print with art by Toshiaki Hontani.
Twelve Doors will be a 180g 2LP set. It will include a 12-page booklet.
The Grandia standard set is priced at €60, the limited at €67.50 while Twelve Doors is €30. They are all scheduled to release in Summer, 2020.


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watchmaker Breitling and British motorcycle manufacturer Triumph have announced
a long-term partnership and are gearing up for a limited-edition watch and a
customised motorcycle to be revealed in early 2022.
of both brands can now visit a Breitling boutique and see that the journey has
already begun. Both are innovators in their fields. And both have a cool factor
that keeps getting better with age. They know how to celebrate their storied
past while embracing the future.
has played a truly pioneering role in the development of the modern
chronograph. And partner Triumph has passionately helped shape the evolution of
the motorcycle. The two makers share a bold and original design philosophy and
a flair for precision craftsmanship.
this exciting partnership the two brands will collaborate on two special
editions: a watch and a motorcycle to be revealed in early 2022.
is where substance meets original styling. You can expect purposeful
engineering paired with modern retro designs,” says Breitling CEO Georges Kern.
“But however you want to describe it, there’ll be a huge sense of adventure and
discovery,” he added.
Motorcycles CEO Nick Bloor welcomes this unique chance to collaborate with
another established heritage brand. “Like Breitling we’re committed to
providing the flawless handling and incredible finishes that give our community
an incomparable experience.”
journey has already begun. Triumph Thruxton RS motorcycles -- the original
modern café racer -- are now on display in top Breitling boutiques around the
Designed with a unique abrasive film for higher performance, TVS Apache, a friction brand of Brakes India, launched platinum brake pads for the luxury car range which have been designed for comfort an...
Uno Minda, a leading Tier 1 supplier of proprietary automotive solutions to original equipment manufacturers (OEMs), has announced the launch of its BS VI -compliant automotive engine oils for two-whe...
Vida, powered by Hero, the emerging mobility brand of Hero MotoCorp, has initiated operations of its public charging infrastructure in Bengaluru, Delhi and Jaipur. The brand has set up nearly 300 cha...


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Sony And BMG To Merge – Record Label Consolidation Begins
from the here-it-comes... dept
As the big five established record labels have continued to struggle with the new digital world and all of the potential business models they prefer to ignore, it’s been no surprise that they’ve felt lost. Thus, the rumors of mergers among the labels have been heating up over the past few months. It looks like the race to merge has begun as the NY Post is reporting that Sony Music and BMG will merge. This follows a recent failed attempt to sell BMG to Warner Music and continued talks to merge EMI with Warner. Of course, big music label mergers in the past (EMI with BMG and Warner with EMI) have been stopped by regulators, but this time people think regulators are more open to the idea. Now, here’s the tricky part: chances are only one such merger will go through. So, if BMG/Sony makes it out the door first, then it may kill off the plans of Warner and EMI. Meanwhile, they’ll all continue to miss any opportunity to actually embrace new business models, but that’s a story for another post.


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Flexibility from electric vehicles (EV) is to play a significant role as countries across the globe decarbonise, supporting the grid while also providing cost and climate benefits to drivers.
As the COP26 climate conference continues, Current± caught up with Nick Woolley, ev.energy’s CEO and co-founder, to discuss how the company is delivering a great user experience and how the UK is ‘leading the way’ with smart charging regulations.
What makes ev.energy’s offering unique?
Everything about owning an EV is better – it looks better, it’s faster, it makes you feel good doing better by the environment; the issue is everything to do with charging. The anxiety is crippling – when/where to charge, how much it’s going to cost, what happens when it breaks …
There are so many great companies rolling out more and more EV technology every day, but sometimes it brings complexity and doesn’t always have the most user-friendly experience. What we decided to do, making us unique, was start with the EV owner from the very beginning. Simplify EV charging at every step. Producing a great user experience and making EV charging as simple as plugging your car in.
With new smart charging regulations on the horizon, how can ev.energy help to support charging manufacturers?
The UK is really leading the way with the upcoming smart charging regulations coming into effect next March. I think many other nations will be looking to the UK as a leader in the EV charging space. Despite the regulations being in place to protect drivers and the grid, they do present challenges that charger manufacturers need to meet.
ev.energy has been providing personalised tariff optimisation for users for over 3 years now, ensuring that we are constantly responding to price, carbon and grid signals for an optimal consumer experience. At the heart of this is a simple configuration experience.
We have a wealth of experience and knowledge in the future – providing demand response services, having done many large-scale trials and pilot programmes across the US, as well as being able to provide a secure platform that is regularly tested for threats against cyberattacks. We are constantly keeping up to date with the latest security requirements.
With the share of renewables rising, how do you expect this flexibility demand to change in the coming years?
A household’s energy consumption effectively doubles with the purchase and use of an EV, so I’m sure we’ll see people taking a lot more interest in their energy supplier, cost and usage in the coming years.
What’s more, as we commit to more renewable energy supply, we have to share an inconsistent flow of energy to our grid. Renewables means we are dependent on the forces of nature.
Right now, we have a standoff – building demand for energy and an infrequent energy supply. We need to be more flexible and recognise our interdependence on each other. Like the climate crisis, we need to work together to be effective, as well as appreciate the requirement to be flexible. Opening ourselves to a flexible energy grid is compulsory if we want to move to a zero carbon future.
How big of a possibility do EVs hold for flexibility services?
Adopting EV flexibility services is the first real test of our generation to demonstrate a real solution to the climate crisis. An ecosystem that is dependent on reacting to the natural supply of energy on our planet, and a mass-shared approach to its consumption.
How will ev.energy help nations deliver on their COP26 pledges?
Looking at the headlines around COP there is a lot of pressure on governments to stop talking and start acting. Action has always been at the core of what we do at ev.energy and we are offering a real-world solution that will accelerate the decarbonisation of transport globally. With the continued and rapid adoption of EVs, we will soon have tens of millions on our roads and the energy that powers these cars will have to be from renewables. This mass-movement of green electrons will need to be managed by platforms such as ev.energy, and this is how we can contribute to helping nations reduce their impact.
ev.energy is one of the hundreds of solutions that help both EV drivers and governments reduce their carbon outputs. But we need to see more. Governments across the world should be setting ambitious goals to tackle climate change and we pledge to support them in achieving their targets.
What’s next for ev.energy in the UK and the USA?
We are rapidly expanding across the US right now with many brilliant utility programmes launching in the next 12 months alongside general ev.energy adoption. We’re looking forward to helping some large utilities and charger manufacturers bring smart charging solutions to EV drivers at scale.
What markets beyond the UK and USA do you think are particularly exciting at the moment?
Germany is exceptionally exciting. Our partners Elli and the Volkswagen Group are leading the charge for providing smart tariff solutions, and the government incentives for drivers is really pushing EV adoption to the early adopter stage.
Is there anything else that you’d like to add?
Firstly, I would like to say thank you to the 40,000 drivers who are using our technology for a smarter way to charge. Secondly, we are also hosting a summit to help charger manufacturers, grid services and governments prepare for and learn about the upcoming smart charging regulations. You can register for the summit here.


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Samsung Electronics Co.’s smartphone business saw its operating profit slide to 1.56 trillion won (US$1.32 billion) in the second quarter of this year. The figure fell below the 2 trillion won (US$1.69 billion) mark in two quarters since the fourth quarter of last year when it posted 1.51 trillion won (US$1.28 billion).
The South Korean tech giant announced on July 31 that the IT & Mobile Communications (IM) business division, which is in charge of the smartphone business, posted 25.86 trillion won (US$21.86 billion) in sales and 1.56 trillion won (US$1.32 billion) in operating profit in the second quarter.
The division’s operating profit plunged nearly 41 percent from 2.67 trillion won (US$2.26 billion) a year ago and 31 percent from 2.27 trillion won (US$1.92 billion) in the previous quarter. Securities firms estimated its operating profit at the low end of the 2 trillion won range. Samsung Electronics continued to record an operating profit of more than 2 trillion won to 3 trillion won (US$1.69 billion to US$2.54 billion) except two quarters -- the third quarter of 2016 when the Galaxy Note 7 fire incident occurred and the fourth quarter of last year.
The company said the IM division’s operating profit plunged to the 1 trillion won (US$845.31 million) range due to slower sales of the Galaxy S10 flagship smartphone and a strengthened lineup of low-end models, including the Galaxy A series. Currently, sales of the Galaxy S10 have slowed down compared to the first quarter when the model was first launched. In addition, the profitability got worse as Samsung Electronics has significantly improved the hardware functions of the Galaxy A series because of intensifying competition in the low-end smartphone market. The Galaxy A series have been equipped with innovative technologies from last year, such as triple rear cameras and a rotating pop-up camera and optical fingerprint sensor.
Market experts expect that the Galaxy Note 10, which is to be unveiled in New York on Aug. 7 (local time), and the Galaxy Fold to be released in September will improve the company’s earnings in the second half.
A company spokesperson said, “We are planning to strengthen our strategic product lineups, including the Galaxy Note 10 and the Galaxy Fold, and expand sales of new low-end models at the same time, while continuously making an effort to improve profitability by maximizing operation efficiency.”


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Manufacturing activity in China has hit its lowest level since February 2020, official data showed Saturday, as the country’s worst coronavirus resurgence since the early days of the pandemic drags on the economy.
The Purchasing Managers’ Index (PMI), a key gauge of manufacturing activity, came in at 47.4 in April — below the 50-point mark separating growth from contraction — as authorities said that a “decline in production and demand” has widened.
The figures come as Beijing digs in on a zero-Covid strategy that involves stamping out clusters as they emerge through targeted lockdowns and mass testing.
But the restrictions have left dozens of cities either fully or partially locked down in recent months, most notably the eastern economic powerhouse Shanghai.
The megacity’s 25 million residents have been largely confined to their homes for the past month, although authorities are showing signs of gradually loosening some rules.
China’s virus curbs have snarled supply chains amid a lack of truckers, while goods have piled up at the world’s busiest container port.
“The decline in production and demand has widened,” said National Bureau of Statistics (NBS) senior statistician Zhao Qinghe in a statement on Saturday.


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A new report analyzed average share counts per story for the top business publishers to see which ones had the most socially engaged audiences.
A study of 2.6 million social shares on the top 190 publishers on the top five networks reveals which publishers are dominating social media.
Facebook updates Slingshot app with react to reactions feature. Reddit Live is gaining traction. These stories, and more, in today’s Morning Social Media Newsfeed.
The study found that 70 percent of social sharing takes place via texting, phone calls, Facebook or Twitter.
There might not be a lot of every day utility to Homer, but if you’re an app aficionado, it’s the perfect app to share apps.
While sharing photos of your cat may seem harmless, it could give away your location to the Internet.
Users love to post images on social media, and desktop computers are still their primary device for sharing.
Issuu’s new Clip feature connects digital newsstand content to the wider Web to drive discovery and sharing.
Choosing between words might seem arbitrary at times — but they’re more important than you think for driving social media shares.
The popular myth about social media is that each piece of content is equal.


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Generation Z never separates from their cells,
lives on YouTube and Instagram.
Who are members of a generation that does not know the world before the birth of the Internet and cell phones? The generation that watches Youtube, instead of television; and gets all of the latest trends from their favorite influencers?
DIALOG communication agency researched the habits of people born in the latter half of the nineties and the beginning of the millennium to get more information about the Croatian generation Z. The research was conducted in coop with Joomboos, project belonging to 24sata media outlet.
The research that included 1667 generation Z members from the whole of Croatia had as its goal to learn more about their media habits, attitudes towards brands and influencers on social media and video platforms.
Results show that 87% of them uses social media every day, 92% considers Instagram to be the coolest of social media channels. 94% of participants visit YouTube, with a quarter of them spending almost an entire day watching it. Cell phone is the most frequently used device by 87% of participants, and it is mostly used to view YouTube (45%). Facebook Messenger, Instagram, and WhatsApp are used for communication with friends.
Almost the entire generation Z (97%) follows at least one influencer, with59% of those questioned buys products and uses services promoted by that individual. When it comes to local influencers, those questioned highlighted JoomBoos’ very own vlogger Filip Dejanović, aka Sikrt, Matija Lazarević – better known as Lay Z, Marko Vuletić and Davor Gerbus.
Part of the research had been devoted to generation Z favorite brands. As far as food brands are concerned, the preferred brand is McDonald's, while the same is true of Coca-Cola in the beverage category. Essence and Samsung are favorite in their respective categories. Their favorite brand overall is the clothing and footwear giant Adidas. This brand has also been highlighted as the brand without which most of them could not live.
Following the results of the research, Marina Čulić Fischer - head of the DIALOG communication agency, said: "Generation Z is the new generation of consumers according to whose values and habits global and local media scene is being shaped, as well as brand communication. We at DIALOG agency are extremely proud to have been the first in Croatia to pay special attention to this segment because they are shaping the present and future trends."
Matej Lončarić, founder of the JoomBoos project, added that: "In less than two years, we have acquired over 260 thousand followers, which is a formidable number on the local market. Original series, first regional YT series and Videostar talent show have succeeded in doing what most media struggle with every day – we have engaged viewers to that point where every single video content posted has watch time higher than 90% and maximum social media performance.
Still, our success is not merely measured in numbers. JoomBoos' greatest strength lies in connection with our primary target audience. The content created by top experts in our team shapes positive values in the society raises and influences new generations of kids. The message we are sending is that they are an essential part of the community, that we respect and understand their world. The proof that we are doing everything right came in the shape of INMA award for the most innovative media project in the world.”


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Massage cards are still being littered across some streets in Dubai and Gulf News reader Ashif Nasarulla has had enough.
Nasarulla has been living in the UAE for the past 12 years, and a year ago his son started complaining about something that made him contact Gulf News immediately. He was talking about the massage cards.
“It’s not me but my six-year-old son who made me write this letter to you about the issue,” he said. He was referring to the massage cards that are thrown on some Dubai streets.
“My son asks me whether it is acceptable to litter in this way,” he said.
Nasarulla is a resident of Al Nahda area in Dubai and said that he has seen these cards being distributed across his locality and other parts of Dubai.
"I have seen people simply putting these cards on car windows or if not, they will simply throw them on the pavements," he said.
The Indian national who works as a sales manager is also concerned about the images some of these cards advertising massage parlours display.
“The pictures on these cards are not appropriate for children to look. I have seen the cards being dropped around a school in my area as well,” he said.
The father-of-two requested authorities to clamp down on those who are illegally distributing such cards.
“My request is to stop this practise and make the people who do this responsible for it. It’s a nuisance for the people, cleaners and even the municipality as well,” he said.
Dubai Municipality responds
Gulf News contacted Dubai Municipality about the issue and a representative said: “Complaints or other issues relating to the cards as mentioned in the queries can be raised online via consumerrights.ae or through the Dubai consumer app. Dubai Economy will look into such complaints/issues and take appropriate action based on existing regulations.”
The fine for littering is Dh500, according to Dubai Municipality's regulations.


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Intel Corporation (INTC) : Holderness Investments Co reduced its stake in Intel Corporation by 0.53% during the most recent quarter end. The investment management company now holds a total of 74,623 shares of Intel Corporation which is valued at $2,573,001 after selling 400 shares in Intel Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Intel Corporation makes up approximately 2.58% of Holderness Investments Co’s portfolio.
Other Hedge Funds, Including , Pinnacle Holdings reduced its stake in INTC by selling 474 shares or 2.73% in the most recent quarter. The Hedge Fund company now holds 16,892 shares of INTC which is valued at $582,436. Intel Corporation makes up approx 0.28% of Pinnacle Holdings’s portfolio.Wealth Architects boosted its stake in INTC in the latest quarter, The investment management firm added 1,001 additional shares and now holds a total of 31,325 shares of Intel Corporation which is valued at $1,086,664. Intel Corporation makes up approx 0.52% of Wealth Architects’s portfolio.Welch Forbes reduced its stake in INTC by selling 4,999 shares or 0.54% in the most recent quarter. The Hedge Fund company now holds 919,258 shares of INTC which is valued at $31,806,327. Intel Corporation makes up approx 1.15% of Welch Forbes’s portfolio.Lodestar Investment Counselil reduced its stake in INTC by selling 88,092 shares or 33.56% in the most recent quarter. The Hedge Fund company now holds 174,405 shares of INTC which is valued at $6,503,562. Intel Corporation makes up approx 0.91% of Lodestar Investment Counselil’s portfolio.
Intel Corporation closed down -0.07 points or -0.20% at $34.95 with 1,68,06,853 shares getting traded on Monday. Post opening the session at $34.9, the shares hit an intraday low of $34.64 and an intraday high of $35 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Intel Corporation reported $0.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Oct 18, 2016. Analyst had a consensus of $0.72. The company had revenue of $15778.00 million for the quarter, compared to analysts expectations of $15605.45 million. The company’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.
Many Wall Street Analysts have commented on Intel Corporation. Shares were Reiterated by RBC Capital Mkts on Oct 19, 2016 to “Sector Perform” and Lowered the Price Target to $ 37 from a previous price target of $38 .Shares were Reiterated by Needham on Oct 19, 2016 to “Buy” and Lowered the Price Target to $ 42 from a previous price target of $43 .Intel Corporation was Upgraded by Charter Equity to ” Buy” on Oct 19, 2016.
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (OEMs) original design manufacturers (ODMs) and industrial and communications equipment manufacturers in the computing and communications industries. The Companys platforms are used to deliver a range of computing experiences in notebooks 2 in 1 systems desktops servers tablets smartphones and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Companys operating segments include the PC Client Group (PCCG) the Data Center Group (DCG) the Internet of Things Group (IOTG) the Mobile and Communications Group (MCG) the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group Netbook Group and New Devices Group.


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Consumer magazine publisher Future has reported a narrower pre-tax loss for the first half of 2013 compared with last year.
The publisher of Total Film, Total Guitar and T3 made a loss of £1.5 million in the six months to the end of March 2013, down from a £2.2 million loss in the same period 12 months ago.
Revenue for the period was also slightly down, falling from £50.1 million last year to £49.4 million. Future said revenue was hit by difficult trading in the games market “which has been in a trough ahead of new console releases from Microsoft and Sony.” Future’s games titles include the official magazines for Nintendo, PlayStation and Xbox 360, as well as PC Gamer and GamesMaster.
While print revenue fell 9 per cent from £40.8 million to £37 million, the group grew digital turnover by 33 per cent, from £9.3 million to £12.4 million.
Future’s websites also attracted 51 million unique users in the first half of this year, Future said, equal to its total unique users for 2012. It also sold 432,000 digital magazines, more than twice the number sold in the equivalent period in 2012.
In April, Future sold its UK rock titles – Classic Rock and Metal Hammer – to Team Rock for £10.2 million.
Following the sale, Future has begun a review of its operational structures “to identify further efficiencies which will benefit the group”.


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Increased levels of import have hit the growth of wires and cable industry. In order to regain the growth trajectory, the industry needs to develop an uncompromising attitude with regards to quality, says Maadhav Digraskar
Over the past two decades, the Indian wire and cable industry has undergone a major shift from the unorganised to organised sector, with still about 35 per cent of the market continuing to fall under the unorganised sector today.
The cable industry is a crucial infrastructural backbone of an economy. Cables are the critical elements that wire up the length and breadth of the country as telecom and power networks.
The cable industry can be broadly divided into three major sectors power cables, control cables and telecommunication cables. Under these sectors, there are multiple players in the Indian market, including local as well as international players. The Indian market consists of both branded and unbranded cables.
The size of the Indian cable industry is estimated at approximately Rs 15,000 crore (excluding building wire and railway signaling cables), comprising of 40 per cent of the electrical industry. The wire and cable industry is expected to grow two-fold in the next five years.
The cable industry constitutes of about 27.5 per cent of the overall electrical industry. Demand has slowed down in the last couple of years and the electrical equipment industry has witnessed a negative growth in FY13 for the first time in last decade. As per the Indian Electrical and Electronics Manufacturers Association (IEEMA) esti¡mates, the industry witnessed a negative growth of 8 per cent in FY13 vis-a-vis 6.6 per cent growth in FY12. The cable industry too showed a negative growth of 25.7 per cent in 2012-13 (April-March). Because of a lack of demand and subdued growth of the electrical equipment sector, the cable industry is facing multiple challenges. The industry is undergoing a difficult phase due to lower volume of orders for cables from various sectors like power, telecom, railways and various industrial, construction, engineering and manufacturing industries during the slowdown of economy. This coupled with the fact that various manufacturers had undertaken huge expansions to capacities, in view of announced government policy of thrust in power sector, has resulted into under-utilisation of their capacities.
While exporting to other countries, it is mandatory for the Indian manufacturers to have the cable type tested from the respective national approved laboratory and approval of respective standards organisation. Similarly, the Indian government undertaking and power utilities should also incorporate type test approval certificate of the Indian National Laboratory such as CPRI and approval from the Indian Standards Organisation for foreign bidders to qualify to bid.
There is lack of demand not just for cables, but the entire electrical equipment industry. Due to overall slump in India's GDP, the domestic electrical equipment industry reported a 6.9 per cent growth in FY12, as compared to 13.7 per cent in 2010-11. Sluggish growth in power sector and escalating imports of electrical equipment are impacting the commercial viability of domestic electrical equipment industry.
THE UNORGANISED THREAT
As much as 35 per cent of the Indian cable industry is still unorganised or informal. There are many diminutive and small cable companies who compromise on quality and supply sub-standard products at low prices. This kind of parallel market is found in many countries across the globe, but is a serious matter of concern for India. In certain segments, small local producers may be encouraged by legitimate tactics like price preferences, but in most segments there is breach of even basic standards. Standard regulations followed by medium-sized and large-scale manufacturers are bypassed by most small ones. Those operating in the unorganised sector may take advantage of unmetered power supplies intended for agricultural users or avoid paying duties and taxes.
While tenders are being floated for EHV cables that stipulate certain criteria, it is seen that there is lack of standardisation across the country. Product specifications differ from utility to utility, who set up differing criteria. Cheaper imports from manufacturers whose credentials are unproven into the country will create a zero entry barrier for these products leaving the local industry exposed to unfair competition. Technically competent Indian companies will be facing a problem of demand, and cheap imports will enable parties with no base in India to gobble up a major share of the HV and EHV market, which is a technically critical segment.
On the commercial front too, foreign suppliers are favoured with payments in the form of secured letters of credit whereas the Indian cable industry faces unfavourable open credit terms of payments from the local users and State Electricity Boards (SEBs).
In mature markets, such as Western Europe, products such as building wire are generally regarded as commodities, with lowest price and availability being the key criteria for purchasers. Quality is a secondary consideration in mature markets, as purchasers usually assume that all cables that have the appropriate product approvals meet the required performance specifications. In India, however, the market situation is different; domestic consumers are likely to be quality conscious, aware of brands of cable that have a reputation for quality and wary of buying poor quality products. In a market where perceptions of quality are important, unscrupulous small producers may try to sell counterfeit cables, usurping the brand-names of the more reputable Indian cable makers.
The growth of cable industry is synonymous to the growth in overall electrical equipment sector. For unprecedented growth of the industry, it is inevitable to develop an uncompromising attitude with regard to quality. Manufacturers and contractors should be made to adhere to stringent BIS-PQ guidelines to ensure quality adherence and facilitate wire and cable industry to see a significant rise in efficiency.
On the other hand, rapidly escalating imports of electrical equipment have resulted into under-utilisation of the manufacturing capacity for domestic players. Protecting and preference for Indian suppliers is one of the most important measures that the government needs to take. Most countries impose as much as 25 per cent duty on import of cables, while there is hardly any duty levied on import of cables in our country. Due to this, the international players are selling cheaper than the Indian manufacturers. In today's scenario, India imports majority of its requirement, while exports are very low. Appropriate government intervention is, therefore, crucial for the growth of the domestic business. To promote development and overall growth of local manufacturers within this sector, some entry barriers on international players are a must. For instance, instead of allowing free imports from other countries, the government can insist international players to manufacture locally either by collaborating with Indian players or investing in India.
Also, the onslaught of the slowdown in the country's power sector has hampered domestic demand. The main reason for this is rise in transmission and distribution losses, which are a result of poor infrastructure and lack of implementation of modern technology. The government needs to ensure effective implementation of tamper-proof meters, insulated conductor, and regular patrolling of lines.
The Indian wire and cable industry is now in dire need of a catalyst to spur growth. The SEBs can induce growth by strengthening the power network and reducing transmission and distribution losses, which will in turn lead to rise in demand for electrical equipment like cables.


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Apple Savings rate has increased to 4.25% APY, according to a new Apple notification.
Account holders received a pop-up notification on their iOS devices today about an increase in Savings rate. Goldman Sachs has increased the interest rate to an APY of 4.25%, up from 4.15% previously. It’s worth noting that this is the first interest rate hike since the service started in April this year.
Apple’s savings rate increase has put it in line with other high-yield savings accounts, with several offering higher rates. It’s believed that the change comes from the discussion between Apple and Goldman Sachs and the end of their agreed partnership. Reports say that Apple has sent in a proposal that gradually winds down the interaction within 12-15 months’ time. Availability is said to be the same for now.
Apple is said to be looking for a new partner who will take over Apple Savings and Apple Card.


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POC, which launched its first helmets for road biking this spring, said its Cerebel aero road helmet won a coveted Eurobike Award at the Eurobike tradeshow held in Friedrichshafen, Germany.
The Eurobike Award is one of the most prestigious design awards in the bicycle industry and this year saw 5,000 entries. For the first time, this year’s Eurobike design award was organized in association with the German Designer Club (DDC) and the six-person expert panel determined the 56 winners in various categories based on design and innovation.
It is incredibly encouraging and energizing to receive such a prestigious award for the Cerebel helmet, states POC CEO and founder Stefan Ytterborn. The Cerebel is our most recent contribution to the POC toolbox of road helmets, each developed to optimize performance without sacrificing safety in different circumstances.
The Cerebel has been engineered to improve aerodynamic performance and is borne out of extensive wind tunnel testing and Computational Fluid Dynamics (CFD) analysis. The helmet is the result of POC’s partnerships with the Garmin-Sharp Pro Cycling team, Volvo Car Group and the aerodynamic specialists in WATTS Lab.
We are very fortunate to be working with such a broad range of talented and experienced partners, states Ytterborn. “Together with WATTS Lab, Volvo and Garmin-Sharp team riders, including Dan Martin, Jack Bauer and Andrew Talansky, we have been able to develop a helmet with a perfect mix of low drag at high speeds, multiple yaw angles and dynamic positioning.
The Cerebel helmet will be presented at the Interbike tradeshow September 10-12 in Las Vegas, Nevada, and will be available to consumers in early 2015 as part of POCs upcoming road range.
POC is based in Sweden and owned by Black Diamond Inc. of Salt Lake City, UT.


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The social network platform WeChat has become the latest tool in the bidding wars of the art world. The marketing of artworks via the network has opened up art collection circles to new customers.
The past few months have witnessed the establishment of a number of WeChat auction accounts, including Weekly Auction, and Rose Auction, and auction groups such as Yimai WeChat Auction and Ate Jiefu Day & Night Auction. Most of the collections up for auction are paintings, calligraphies, photography and other works from domestic contemporary artists. The price of some of these artworks can cost tens of thousands yuan.
In the Ate Jiefu Day & Night Auction group, collections were sold at the average price of 3,000 yuan ($484), according to Hu Hu, who found the group in February and believes "people in art circles have a higher attachment to WeChat compared to other social network tools such as QQ. This is what makes WeChat an ideal platform for art trade."
Customers are drawn to WeChat group auctions because they are easy to reach. All the procedures can be made by a smart phone, in which you can bid in the group conversation and pay the price online. In order to attract more potential buyers, Hu also sets the starting price of some pieces lower than the market price.
"Most of the bidders are novice collectors but have previous experience in the art industry. They understand art and the collection market, but will not go to an offline auction," said Xia Yanguo, an art curator.
Zhu Xiaojun, executive director of an art foundation, bought several items that included paintings by young Chinese artists on WeChat. "It is more like a recreational game played by people in art circles. The pieces sold via WeChat are more like consumer goods [rather than collections]," said Zhu.
Art trade companies have also taken notice of the potential in the WeChat market. Weekly Auction, the public account of culcn.cn, a website specializing in promoting online trade of cultural products, has launched 19 weekly auctions on WeChat since February of this year.
Its latest auction events during June 29 and July 13, featured 70 Chinese paintings and calligraphy works from contemporary artists including Song Juting, Kanyu Min and Du Zhongliang.
In Weekly Auction, auctions can be easily joined by followers who send their name, contact details and a bidding price to the public account. Alternatively, auctioneers can be contacted directly by phone or text message.


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Tyrecycle, Australia’s largest collector and recycler of end-of-life tyres has gained TSA accreditation.
With five major recycling facilities across the country and a nationwide collection footprint Tyrecycle’s accreditation will provide options for TSA accredited collection in almost every part of Australia. Added to the group of independent collectors and recyclers already accredited, and those seeking accreditation, it is clear that the tyre recycling sector has embraced the TSA as a cooperative industry initiative focussed on continual improvement of sustainable outcomes.
“As the leading national recycler, Tyrecycle is excited to be involved in delivering a greater knowledge, understanding and take-up of tyre recycling,” said Tyrecycle CEO Jim Fairweather.
“Developing a uniform approach to eliminating the devastating effects of ELTs on our environment and community is important, in line with the TSA set target of increasing recycling to 50% in five years.” he said.
According to Tyre Stewardship Australia CEO, Matt Genever: “Tyre Stewardship Australia welcomes Tyrecycle as an accredited participant under the Tyre Stewardship Scheme. Tyrecycle’s market footprint adds considerably to the growing momentum for all industry players to be part of this concerted and cooperative endeavour. Through participation all along the supply chain, from manufacturers to retailers to collectors and recyclers, the knowledge gained and actions taken will result in significantly improved environmental outcomes.”


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By AnnaMaria Andriotis
Reports that Bank of America could shut down some locations may frustrate some clients, experts say — but just don’t expect them to leave.
With most consumer services, from airfare to health care, the lowest price usually wins. Not so with banks, experts say. Excluding life-changing events like relocation or marriage, just 5% to 7% of a bank’s customer base moves each year, says Joe Gillen, CEO of Pinnacle Financial Strategies, a bank consulting firm. And despite rising fees at big banks, customers are still depositing more of their money there than at smaller financial institutions: Balances were growing three times faster at the 25 largest banks in mid-November than they were at smaller banks, according to Federal Reserve data.
And remember the so-called Bank Transfer Day, on Nov.5? That’s when consumer advocates encouraged bank clients to strike back at all the nickel and diming by big banks by transferring their accounts to credit unions. The result: Membership at credit unions grew by just a third of what was originally projected.
To be sure, there’s still a big reason to stick with the big banks, says Gillen: convenience. Large banks have the most branches, which makes banking near home, work or on vacation easier. And even if Bank of America does shut down some of its locations, experts say it’s a nonissue for many consumers who are accustomed to doing most of their banking online.
Experts say consumers are hesitating largely due to psychological reasons. “There’s a fear of change,” says Dan Geller, executive vice president at Market Rates Insight, which provides research and analysis to financial institutions. Consumers are concerned they might find the grass isn’t greener on the other side — that the same fees and problems they encounter at large banks could ultimately show up at the smaller ones, he says.
Secondly, there’s the perception that changing banks is difficult and too much hassle, says Gillen, especially if the consumer has linked his or her bank accounts to many other aspects of their life. For example, it may be where their paycheck is deposited, or some of their retirement savings. But in reality, most changes can be made within a day or so, he says. One exception: in cases where a wireless provider or an insurance company automatically withdraws money from a checking account, consumers might want to keep that money in there until they finalize the transition, he says.