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Shares of truckers, logistics operators and shipping companies are hitting fresh highs, a sign for investors that the Dow Jones Industrial Average could soon follow suit.
The Dow Jones Transportation Average, which includes 20 large companies ranging from railroad operator
to delivery firm United Parcel Service Inc., climbed Monday to its 11th record close of the year. After snapping out of a lull in August, the transport index is up 8.7% in 2018.
That is nearly double the gains of the Dow industrials. It has languished this month as tense trade negotiations have kept investors cautious.
What’s more, the Dow industrials haven’t notched a record high in eight months. That is the longest drought for the average since it went without a new high for 289 trading days through July 2016, according to Dow Jones Market Data.
The index is the only one of the major U.S. benchmarks not to have eclipsed its January high. The S&P 500 hit a series of new highs last month, while the Nasdaq Composite and Russell 2000 have climbed fairly steadily in recent months. The Dow industrials remain 2.4% below this year’s Jan. 26 high.
The breakout by transportation stocks is viewed by some investors as a signal the Dow industrials will soon regain momentum. At least, that is the belief of proponents of what is known as Dow Theory.
The roughly century-old theory says transportation stocks are a barometer of the health of the U.S. economy, tending to rise when businesses that ferry raw goods and materials are in demand and retreat when the economy looks poised for a slowdown. When the transport index hits new records, those who track the Dow Theory believe the broader stock market often follows suit.
“These stocks move and transport everything we buy and sell,” said Chris Verrone, a partner and head of technical strategy at brokerage and advisory firm Strategas. “When you look historically, it’s hard to find examples of a bull market ending with transportation stocks at new highs.”
Railroad stocks have powered much of the transport index’s gains this year as a solid U.S. economy has helped lift demand for cross-country transport. CSX has climbed 35%,
has advanced 23%, and
is up 17%.
More recently, shares of trucking and logistics firms have also rebounded, pointing to broadening strength among transportation companies.
Many such companies have benefited from a boom in demand for freight services by retailers, factories and consumers. This has squeezed truck availability and, in turn, driven the longest sustained period of pricing growth for truckers since 1980, according to online freight marketplace DAT Solutions.
reported in July that second-quarter earnings soared 55% from the year-earlier period. Its shares are up 10% this year. Fellow trucking company
has risen 23%.
Meanwhile, a handful of airline shares have regained ground. They slumped in the year’s first half on fears a price war could squeeze profit margins.
whose revenue growth helped offset a jump in fuel prices over the summer, have climbed 32% this year.
Delta Air Lines
American Airlines Group
while down for the month of August, have added more than 6% apiece over the past four weeks.
“Everything we see today says demand is strong,” United President Scott Kirby said on the company’s July earnings call.
Analysts caution that headwinds remain. Transportation stocks broadly slumped in June as a trade dispute between the U.S. and China heated up.
Those tensions revived fears among investors of tariffs slamming economic growth and stalling companies’ investment plans. The transport index has held its ground this month even though President Trump has threatened a third round of tariffs on Chinese goods. Shares elsewhere, though, have come under pressure, raising the prospect of a broader decline.
Hong Kong’s Hang Seng Index and the Shanghai Composite are trading in bear-market territory, or 20% off recent closing highs. Trade-sensitive companies in the U.S. like
United States Steel
have all fallen more than 2.5% apiece in September.
Another risk: Oil prices, which have backed off highs hit in the middle of the summer, could spike again. That could force airlines to once again cut flights and raise fares.
So far, few investors see signs of an imminent slowdown. Data in recent weeks have shown the U.S. economy grew faster than initially estimated in the second quarter. Wages accelerated at the fastest pace of the current economic cycle and the unemployment rate continued to trend below 4%.
Corporate earnings are also projected to extend a streak of double-digit growth in the third quarter. If that happens, it could reassure investors who had been worried that tariffs would hit multinationals’ profits.
The transports aren’t a “perfect indicator,” Mr. Verrone said. But their gains still suggest that the economic backdrop remains “relatively robust here.”
Write to Akane Otani at firstname.lastname@example.org


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Screen Play writes:
"With prices rising for food, housing and petrol, there's never been a better time to start importing video games. You be able to find cheaper games, saving money for more essential items.
Gaming is an expensive hobby, especially in Australia, where the industry has been happily charging consumers excessive prices for new release games compared to our overseas friends.
The industry claims the reason why games stay at a constant price in Australia is due to our remoteness from other parts of the world, and there are fears of "crashing the industry" if game prices fluctuated. What a load of rubbish. If our dollar is stronger against the greenback, I see no reason why we should have to pay more for games. The comicbook industry quickly lowered the prices for their stock when the Australian dollar was going strong earlier this year.
Of course, importing does hurt the local industry, as you won't be buying games from local retailers, thus not supporting the Australian economy. Though helping the economy means spending hundreds of dollars each year for games that can be found for much less overseas.
So how does one go about importing games? Here's a quick run down of what this process involves."

domain: news


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About 90% of Florida's orange groves are now infected with the pathogen that causes citrus greening, a situation that has led 5,000 of the state's 7,000 citrus growers to exit the business since 2004. The disease has taken a toll on processors and packing operations, and researchers are working to create hardier versions of root stocks and citrus fruit.
Earlier-than-usual cold weather could threaten the 20% to 30% of Mississippi's peanut crop that's still in the fields, Mississippi Peanut Growers Association Executive Director Malcolm Broome said. "We just need about a week of good weather, and we could probably pull it off," he said.
Grocery Outlet has tapped former Walmart and Boxed executive Heather Mayo to help it expand in the Mid-Atlantic and Southern California. The discount grocer operates 337 stores, mainly on the West Coast, and expanded into Pennsylvania after acquiring Amelia's Grocery Outlet in 2011.
The Center for Bioplastics and Biocomposites is devoted to investigating new plant-based alternatives to traditional plastics for everything from industrial parts to food packaging. The materials not only offer recycling possibilities, but can prove to have beneficial chemical properties, such as the seedling container made from soy and corn that produced plants with healthier roots.
Scientists have discovered a genetic reason why some people are more averse than others to bitter-tasting flavors, including vegetables such as broccoli and sprouts. Researchers at the University of Kentucky School of Medicine hope to study whether using spices could help cover up the bitter taste and make vegetables more appealing to so-called "super-tasters."
The Agriculture Department is preparing to make $800 million in state block grants available to farmers and food producers in Alabama, Florida and Georgia who lost crops and livestock as a result of two 2018 hurricanes. The grants are designed to cover losses that qualify but aren't covered by other USDA disaster programs.
Results come in two forms, both of which are necessary, writes Jane Perdue: profits and relationships. "Inclusive leaders know the value of balancing opposing goods, rather than labeling one right and the other wrong," she writes.
Large offices and exclusive amenities for CEOs communicate a sense of separation, writes First Orion CEO and Chairman Charles Morgan. "In an office environment, everything communicates something, and as a longtime CEO, I have learned -- sometimes the hard way -- that our nonverbal communication often speaks louder than the verbal," he writes.


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At a launch event this week for wired.co.uk
, set to launch in April, the CondéNet team explained the extraordinary history of the title. Founded in 1993, Wired foresaw the mass digitisation and sharing of culture online few of us could predict.
Wired International Channel Manager Michael Parsons explained how the new Wired site is built around the simplest persistent navigation possible.
This has the effect of making what might otherwise seem complex technical content highly accessible. Just launched in Italy, Parsons said that Wired Italy is already gathering a mass of impassioned online commenters, giving a sense of the ownership readers already feel for this powerful brand in an entirely new market.
For the first time, CondéNet will be publishing its entire print magazine online via wired.co.uk
, though, in typically smart fashion, the magazine content will be teased out online over the course of each month, giving extra reason for web readers to leave their bedrooms and buy the magazine.
The most impactful least interruptive formats
CondéNet Commercial Director Serena Privett presented the range of ad formats and sponsorship opportunities around the new Wired UK site, and GQ.com, relaunched last month. These include:
- Double homepage MPUs and skyscrapers
- Promo buttons in between the two
- The possibility of a homepage takeover, via a combination of wallpaper and display ads - impactful, but also elegantly done
- Both pre- and post-roll video ads, all 15 seconds long, so as not to interrupt the viewer
- Email marketing - to CondéNet's 30k strong ABC1 audience, perfect for new launches and store events
- E-newsletter sponsorship, incorporating both leaderboards, and the inclusion of up to 40 words of copy
GQ.com traffic up 66 per cent since relaunchGQ.com
Editor Camilla McPhie explained that the relaunch of GQ.com on 25 February was already paying for itself, with a 66% increase in traffic.
As with Wired, the new GQ.com's focus is very much on a clean, simple navigation, with 14 sub-sections instead of the old site's 22 channels.
For the first time, GQ.com includes a men's fashion section, has a greater focus on engaging users through images and video, and its grooming section includes an innovative, seasonal personal trainer section.
Elsewhere, as with wired.co.uk, the title is focussing on strong synergies between its print and online products: for instance, the blogs section of the site, and 'talk' section of the mag aim to drive traffic to each other.
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- open for all Members
to join Subscribe
to AOP's e-newsletter.


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Bitcoin has been unable to keep over its prior service level around $3,600 and is now nearing the bottom of its newly created range between $3,550 and $4,200. Bitcoin's price drop has caused the general crypto markets to dive, with many altcoins trading down 6 percent or more.
1 analyst now thinks that the crypto markets will probably vary for the coming days or weeks, with important buying pressure present roughly $3,000.
Bitcoin Likely to Range Before Growing Further
At the time of writing, Bitcoin is investing down 2.5percent in its present price of $3,570, down from its everyday highs of almost $3,700.
DonAlta favorite cryptocurrency analyst on Twitter, recently said that Bitcoin should complete the weekend above $3,700 in order to see cost gains throughout this coming week, which now appears to be extremely unlikely, meaning a fall into the low-$3,000 region could be impending.
"If we do retest 3700 about the weekend and do not manage to close above there I am anticipating ~3350. I will probably shut my Dollar brief there.
This bearish sentiment is echoed by Josh Rager, another popular cryptocurrency analyst on Twitter, who lately said that he hopes the cryptocurrency to trade sideways for a little while before drifting past $3,000, at which significant buying pressure is present.
"Since the volume has been slowly descend Bitcoin could see more concurrent that range... This may last for days or months before a reduction in buyers, currently holding up the marketplace, at those levels... Nice support under $3,000 with a great deal of buyers waiting " Rager mentioned.
Though it is looking increasingly probable the Bitcoin will drift lower, it might find some support about $3,550, which Mati Greenspan, '' the senior market analyst in eToro, has formerly said is at the bottom of Bitcoin's current trading range.
"It appears now, this bitcoin has opened a brand new mini-range within that by $3,550 to approximately $4,200," he explained at a recent market update.
The current market downturn, which began last week once Bitcoin neglected to stabilize 4,000, has led several altcoins to fall significantly.
At the time of writing, Ethereum is currently trading down almost 7 percent at its current cost of $118down from the weekly drops of 160.
Bitcoin Cash has also decreased today and is currently trading down 7% in $125.3. Bitcoin Cash comes in the seven-day highs of 165.
XRP is just one of today's best performing major altcoins, because it's trading down 3% in its present price of $0.32.


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Read the article on Freightwaves
Estimated reading time: 0 minutes, 20 seconds
Offering More Eco-Friendly Shipping Options
According to Freightwaves, Verte and Manifest are partnering to offer more eco-friendly options.
It’s not often that consumers are willing to pay more for the same service. But that’s exactly what we’re seeing when it comes to shipping — more than half of 500 survey respondents say that they would pay 10% more for packaging and shipping practices that are more eco-friendly.


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As public opinion continues to shift, increasing numbers of people are falling out of love with dairy products. Enter Februdairy…
Recent years have seen a significant shift in consumer attitude towards dairy, as more people understand the environmental, health and animal welfare issues associated with the industry.
The UK is now drinking 50 percent less milk than they were in 1974, according to a report by Agriculture and Horticulture Development Board (AHDB).
Dairy on the decline
The UK’s leading vegan campaigning charity, Viva!, has investigated countless British dairy farms and exposed the brutal reality of the industry – helping many people make the switch to dairy-free.
An increasing number of dairy-alternatives are widely available including cheeses, yogurts, milks, and chocolates. Most supermarkets have their own ranges of vegan food – proving these products are big business.
Although the milk market is much bigger, valued at over £3 billion, demand for cow’s milk is declining and plant-alternative sales have surged 10 percent over the past two years.
It’s undeniable, dairy-free sales are booming and show no signs of slowing down. Considering these factors, it comes as no surprise that the dairy industry is desperately trying to claw its way back into public favor.
So what on earth is Februdairy?
Februdairy is a social media campaign created by the dairy industry in a desperate attempt to boost sales and portray dairy in a more favorable light. This is the industry’s fourth annual campaign and is pitched as a direct response to Veganuary.
This year Veganuary announced a record number of sign-ups with a whopping 400,000 people going vegan for a month. Milk producers, pro-dairy consumers, and industry experts, are encouraged to create and share pro-dairy content during the month of February on social media using the hashtag #Februdairy.
Social media Vs Februdairy
When the campaign launched in February 2017, the vegan community commandeered the hashtag to highlight the darker side of the dairy industry, where pain and suffering is an everyday occurrence.
Social media has played an instrumental role in the rise of veganism. It’s clear vegans are well versed in using it as a platform to educate and inform others.
A slew of animal rights advocates and groups such as Viva!, Animal Equality, and Animal Aid, use Februdairy as an opportunity to expose the cold-hard facts surrounding dairy production .
This doesn’t go down well with the dairy industry….
Dairy: the facts
A surprising number of people are still unaware that cows must be pregnant to produce milk. Cows are artificially inseminated and their calf is taken away shortly after they give birth.
There is no time for maternal bonding when profits are priority. If the calf is female she will face the same fate as her mother. But, if he’s male he will be raised for veal. Or, they are shot shortly after birth as an unwanted by-product of the dairy industry. These are all facts that the dairy industry chooses not to shout about – not surprising, is it?
In addition to these abhorrent practices, the livestock industry is having a detrimental effect on our planet.
Moreover, dairy is the second biggest greenhouse gas emitter in the food production industry. This is primarily due to the huge amounts of soya needed to feed cows. And, the methane they subsequently release. Plant-based milk is better for the environment. In particular, oat and hemp milk have the smallest environmental impact.
Even dairy farmer Andy Venables admitted: “The dairy industry could learn a lot from the vegan movement, which had attracted huge media coverage despite accounting for just 1.16 percent of the UK population.”
Although the industry admits it needs a re-brand… It seems to be in denial about why people are ditching dairy for plant-based alternatives.
Until dairy advocates understand this, it looks like we’ll be seeing a lot more Februdairy-style campaigns from the industry as veganism continues to grow globally.


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Who would’ve ever anticipated that one of the greatest impacts that facial recognition would have on society would be through Snapchat lenses? Face filters and AR lenses have become so much more than kitschy ways of spicing up how we communicate.
AR filters have altered the way that people view themselves:
Snapchat dysmorphia started to become known in late 2018, when stories surfaced of people getting plastic surgery to look more like their Snapchat filters.
AR filters have crept their way into important live events.
We’ve seen a reporter inadvertently report the weather with a face filter on. A little more seriously, we’ve seen a political livestream disrupted by a cat face filter. I don’t think we’ve even begun to scratch the surface of AR filters on live TV, mainstream media, and live events. As the use of live streaming creeps into more areas of media, we’ll likely see more experimentation with AR augmentations.
Cute bunny ears and blushing cheeks aside, there’s an entire surrealist art movement happening through the means of these AR filters.
AR filters, most importantly, have championed the growth of Snapchat.
Viral lenses have been key to Snapchat’s recent success. On its latest earnings call, Snap’s CFO Derek Andersen said the company’s new AR lenses resulted in an estimated 7 million to 9 million of the 13 million daily active users Snapchat added during the period.Kaya Yurieff, CNN
Any AR filter could be the difference between a good quarterly earnings call and a poor one.
The gender-swap lens, for instance, immediately permeated Internet culture, becoming a fun thing to do with friends and a viral moment for celebrities, all while giving the media a load of material to write about on gender norms and the morality of this lens. Likewise for the aging filter, the filter that turns you into a baby, etc…
AR lenses are proving to be valuable Internet commodities. As we look toward the future, what are some opportunities we see surfacing here?
First, would be a marketplace for AR lenses and filters. There are some disparate places to download lenses on Svrf, Lenslist, or directly on Snapchat / Instagram. For creators, especially, there’s no great way to make money from AR filters at the time being. You can sell packs on Etsy, one-off design projects on Fiverr, or let Snapchat connect you with brands. However, consolidating the AR lens shopping and customization into one marketplace would be very effective.
Second, there’s obviously demand to not quite be ourselves online. Building AR filters further into our virtual personas would be interesting. In other words, how do I bring this augmented virtual persona to all different platforms that I use? This is very much a metaverse concept.
Third, why hasn’t any designer created limited edition AR lenses with blockchain certificates? We’ve already seen the impact of exclusive shoe releases, clothing, etc. with the Hypebeast generation. Exclusive AR filters could very easily be added to this list. The entire digital art space needs to adopt blockchain anyways in order to create true artistic value, proof of provenance, and exclusivity in their works. AR filters that were only limited to the first 1,000 downloaders could bring in a lot of revenue. And it would play along nicely with the whole AR filter Marketplace idea.
AR lenses and face filters have already proven to be quite useful in many ways to the digital society. I wouldn’t count out any crazy ideas in this space.


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- Started mass production and sales of hydrogen fuel cell pack ‘DP30’ that can fly drone 2 hours
Doosan Mobility Innovation will launch a hydrogen fuel cell pack for drones that can fly 2 hours drones and start mass production and sales.
On Oct. 17th, Doosan Mobility Innovation held a ceremony to launch the drone hydrogen fuel cell pack ‘DP30’ at DLI Yonkangwon in Gangdong-gu, Seoul.
It also introduces DMI View, a software for drones that can store and apply drone flight and mission information, and demonstrates possible operations due to prolonged drone flight, including construction site mapping (mapping), facility safety checks, missing persons search and pollutant discovery. did. The video taken by the drone was screened in real time through the LG Uplus video transmission solution.
Dong-Hyun Dong, Vice Chairman of Doosan Corporation, said, “The Doosan Mobility Innovation Fuel Cell Pack will be a new concept platform that is widely used in the infrastructure industry and logistics transportation industry.” said.
Doosan Mobility Innovation CEO Lee Doo-soon said, “With endless R & D efforts, we have secured product reliability, durability, and stability, and finally established a mass production system. I will provide it. ”
Doosan Mobility Innovation products can be ordered and delivered through the online store on the official website.
Read the most up to date Fuel Cell and Hydrogen Industry news at FuelCellsWorks


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This, the hotel says is mainly because of the COVID-19 pandemic that has resulted in serious loss of business as customers are not allowed in.
The unexpected turn of events has raised panic buttons throughout the entire hotel and hospitality industry, with those that are still pushing beginning to worry about their survival capabilities.
On Tuesday, Mpilo, which was home to a total of 75 employees, made the shocking announcement about finally closing its doors for business.
“In November 2015, we were extremely excited to bring to our Kingdom the very first boutique hotel. Finally, our very own classy hotel. Little did the whole world know that a monster was getting ready to destroy good things we have worked so hard for. COVID-19 has truly changed all our lives. This monster has taken our loved ones and completely destroyed many dreams.
“Mpilo Boutique Hotel could not survive this monster and today we officially say goodbye. It has truly been an exciting, fun, joyful and memorable journey. Thank you for your support and love, we have enjoyed serving you through the years. We pray for an end to this pandemic,” the statement reads.
The hotel belonged to the Matekane Group of Companies (MGC) which is owned by Maseru business tycoon Sam Matekane.
Head of MGC’s corporate communications and marketing, ’Mamotake Matekane also confirmed that they are closing down and never coming back and again.
She told Metro that they were losing huge sums of money since the outbreak of the pandemic because there was little to no movement at all.
“If people are not coming in then it means loss of income. We were now only dealing with expenses because we were still incurring costs, having to pay things such as electricity and water,” Mrs Matekane said.
She noted that they have decided to turn the place into an office park and rent out office space. At the moment, only the Ministry of Small Business Development, Cooperatives and Marketing has already rented space at the building.
The closure of the luxurious hotel has threatened the existence and sustainability of the hotel and hospitality industry in the country.
The Lesotho Hotels and Hospitality Association (LHHA) has jumped on to the matter, expressing its shock, while also blaming the government for making matters worse.


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According to the information provided by the famous analyst Ming-Chi Kuo, Apple Car could be launched in 2028.The Apple Car project is wondered by everyone. Apple Car, which has been on the agenda with many claims so far, is now on the agenda with the report shared by Ming-Chi Kuo.
If you remember, in the previously shared news, it was claimed that Apple developed an electric car with autonomous driving capabilities. Stating that this car is currently in development, sources also claimed that Apple Car will begin to be produced in 2024. While all these claims excited users, important information was shared today by analyst Ming-Chi Kuo.
In this part, Kuo says that Apple is still at the very beginning of the development phase, and points out that it is too early for the vehicle in question. Stating that the new generation car will be launched between 2025 and 2028 at the earliest, Kuo underlines that we will wait for a while for the car in question.


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Stock futures fluctuated on Wednesday morning after a sharp increase in U.S. durable goods orders in October.
S&P 500 futures were down 0.08%, Dow Jones Industrial Average futures added 0.01%, and Nasdaq futures fell 0.1%.
Orders for long-lasting goods in the U.S. increased 4.8% in October, according to the Census Bureau. Analysts anticipated far-slower growth of 1.5%. Excluding transportation, orders rose at a slower 1% pace. Core capital goods orders increased 0.4%, while core shipments climbed 0.2%.
Jobless claims rose in the past week, though remained at multi-decade lows. The number of new claims for unemployment benefits increased by 18,000 to 251,000, according to the Labor Department. The less-volatile, four-week average fell 2,000 to 251,000.
Wall Street's benchmark indexes scored record closes for the second day in a row on Tuesday. The S&P 500, Dow and Nasdaq each recorded all-time high closes, even though gains were modest. The Dow also closed above 19,000 for the first time in its history.
Crude oil prices moved slightly lower on Wednesday as traders tempered hopes over a production freeze agreement among Organization of Petroleum Exporting Countries. Iran, Iraq and Indonesia reportedly resisted parts of the deal in a conversation in Vienna on Tuesday, according to Reuters. OPEC members were debating whether to cut output by 4% to 4.5%, excluding Libya and Nigeria. Members will meet again in Vienna on Nov. 30 to vote on the deal.
West Texas Intermediate crude was down 0.4% to $47.90 a barrel on Wednesday morning.
Minutes from the Federal Reserve's meeting earlier in November, to be released Wednesday afternoon, will be closely scrutinized for confirmation that an interest rate hike in December is a go. The Federal Open Market Committee opted to leave rates unchanged at its November meeting, but reiterated that the case for a hike had strengthened. Fed members have recently taken a hawkish tone, pointing to upward trends in inflation and a robust labor market as reason the economy is ready for another rate hike.
A rate hike in December has a high probability among Wall Street pundits with any doubt after Donald Trump's recent election as U.S. president quickly evaporating. The chances of a December rate hike currently sit at 98%, according to CME Group fed funds futures.
Deere (DE) soared 10%, putting it on track to open at its best level ever, after reporting a better-than-expected quarter. The farming equipment maker earned 90 cents a share over its October-ended quarter, down from $1.08 a share a year earlier but much higher than consensus of 40 cents. Deere expects equipment sales to decline 4% in the first quarter and 1% for fiscal 2017.
Eli Lilly (LLY) slumped more than 10% in premarket trading after a late-stage trial of an Alzheimer's drug did not meet its primary endpoint. "The results of the solanezumab EXPEDITION3 trial were not what we had hoped for," CEO John C. Lechleiter said in a statement. The drugmaker will evaluate the results and assess development of solanezumab and other dementia treatments in development.
GameStop (GME) was under pressure after reporting a decline in third-quarter sales and guiding for a subpar fourth-quarter performance. The video game retailer reported a 3% drop in third-quarter revenue and 6.5% decline in same-store sales. Fourth-quarter earnings are expected between $2.23 and $2.38 a share. Analysts anticipated $2.37.
Urban Outfitters (URBN) slumped after falling short of earnings and sales estimates in its third quarter. The apparel retailer earned 40 cents a share, 4 cents below consensus. Revenue climbed 4.5% to $862 million, but fell short of consensus by $7 million.
Hewlett-Packard Enterprise (HPE) fell in premarket trading after quarterly revenue came in light. The tech company reported fourth-quarter revenue of $12.48 billion, missing estimates by $370 million. Meanwhile, HP (HPQ) , formerly combined with Hewlett-Packard, exceeded its quarterly sales estimates. Revenue climbed 1.9% to $12.5 billion, besting consensus by $620 million.


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American Science and Engineering quarterly profit rises 23%
(4:15 PM ET) SAN FRANCISCO (MarketWatch) -- American Science and Engineering Inc.
Pacific Sunwear swings to quarterly loss; backs outlook
(4:11 PM ET) SAN FRANCISCO (MarketWatch) - Pacific Sunwear of California Inc. PSUN late Monday reported a first-quarter net loss of $5.06 million, or 7 cents a share. During the same period a year ago, the Anaheim, Calif.-based apparel retailer posted net earnings of $11.9 million, or 16 cents a share. Lease termination charges and additional inventory impairment costs accounted for 3 cents per share of the loss, the company said. Revenue rose to $320.6 million from $300 million, while total company same-store sales fell 1.2%. Analysts polled by Thomson Financial were expecting, on average, a per-share loss of 4 cents on revenue of $308 million. Additionally, Pacific Sunwear said it still expects second-quarter per-share earnings of 18 cents to 20 cents. The outlook assumes a low single-digit second quarter same-store sales increase, and excludes anticipated lease termination and agency fee charges associated with the previously announced store closures. Analysts are currently looking for earnings of 18 cents on revenue of $323 million for the quarter.
McClatchy April consolidated advertising revenue falls 7.6%
(3:18 PM ET) SAN FRANCISCO (MarketWatch) -- McClatchy Co. MNI said Monday that April consolidated advertising revenues fell 7.6%, and total revenues were down 5.5% compared with pro forma revenues. Year-to-date ad revenues declined 6% and total revenues were down 5.1% on a pro forma basis, the Sacramento, Calif.-based newspaper company said. Additionally, Internet advertising was down 2.1% during the month and is continuing to be affected by the new affiliate agreement with CareerBuilder for online employment ads, the company said. "As we anticipated, advertising trends weakened during April, reflecting in part, the shift of Easter in the calendar year, which helped retail advertising in March to the detriment of our April 2007 retail revenues," said McClatchy Chief Financial Officer Pat Talamantes in a statement.
Calgon Carbon shares rally on first-quarter results
(10:34 AM ET) SAN FRANCISCO (MarketWatch) -- Calgon Carbon Corp.
Danaher Corp. confirms earnings targets
(9:07 AM ET) NEW YORK (MarketWatch) -- Danaher Corp.
Gannett April advertising revenue falls
(8:48 AM ET) NEW YORK (MarketWatch) -- Gannett Co. Inc.
Saks profit dragged down by charges
(8:18 AM ET) NEW YORK (MarketWatch) -- Charges helped drag down Saks Inc.'s first quarter to a fraction of year-ago levels, the upscale retailer said Monday. Saks earned just $11 million, or 7 cents a share, on the period, down from $77.9 million, or 57 cents, a year ago. The most recent figures include 12 cents worth of various charges; last year's include 49 cents in one-time gains. Revenue came in at $792.7 million, up 15.9% on a same-store sales boost of 14.4%. The average estimate of analysts polled by Thomson Financial had been for Saks
CORRECT: Lowe's net down 12% on housing market
(7:30 AM ET) LONDON (MarketWatch) -- Lowe's
Hastings Entertainment profit up 29% while sales fall
(7:18 AM ET) LONDON (MarketWatch) -- CD, video game and book retailer Hastings Entertainment HAST said its first-quarter profit rose 29% to $2.48 million, or 22 cents a share, while revenue fell 2.6% to $128 million. Improving product mix and markdown expenses offset difficult in-store rental and music categories, it said. Though it said first-quarter results were "substantially" better than it expected, it's concerned about gasoline prices, so it held to a 55 cents to 60 cents a share annual earnings outlook.
ITT Corp. names Denise Ramos as new CFO
(7:12 AM ET) NEW YORK (MarketWatch) -- ITT Corp.
Homeserve approaches Domestic & General as profit grows
(2:31 AM ET) LONDON (MarketWatch) -- Home emergency repair group Homeserve(UK:HSV)said Monday that it has approached Domestic & General Group(UK:DGG)about a potential takeover offer. It added the approach is preliminary and there is no certainty that an offer for be made. Separately, Homeserve said its net profit for 2007 rose to 42 million pounds from 34.4 million pounds. Revenue grew 30% to 477.4 million pounds thanks to high levels of new policy sales in the U.K., France and the U.S.


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Daily Beast TV, the online video channel The Observer first caught wind of in July, has launched on the Beast’s website. Though none of the shows bear the name of Ms. Brown’s erstwhile CNBC show, Topic [A], Daily Beast TV makes the same promise: original news commentary from trusted personalities.
The channel’s slogan, “the smartest take on the day’s biggest stories,” is reminiscent of Cheat Sheet’s “read this, not that,” suggesting an audience overwhelmed by the volume of news and starved for a Brown-curated mix.
One existing video series already features the Daily Beast TV logo: “Ask Andrew Anything,” the rotoscoped web-camera videos in which the star blogger Andrew Sullivan answers reader questions like, “What is the meaning of life?” (A: He won’t say, but he does recommend we see Tree of Life.)
Another, “Op-Vid 2012,” introduced yesterday, invites “writers, thinkers, and doers” to read essays about the issues at the heart of the campaign, which are then animated by the Daily Beast. The first features Niall Ferguson on the economy.
“Beast Feed” appears to be more of a catch-all category, including videos related to content in Newsweek, like a video of last week’s cover girl Condoleezza Rice playing the piano and casual chats between Daily Beast entertainment writer Ramin Setoodeh and Rolling Stone critic Peter Travers, called “Flick Picks.”
The new video initiative suggests the company is still prioritizing the digital operations at the Beast, which has enjoyed a slight bump in traffic since swallowing the Newsweek website and now attracts 10.3 million unique visitors a month, according to the company’s Omniture report. (Compete.com reports 2.5 million and Quantcast reports 3.9 million.) Internally, however, some wonder if the business side is equipped to sell advertising for such an amorphous media company.
Newsweek‘s print advertising was down only 10 percent last quarter, compared to 20 percent drops the previous two quarters, but it remains a drag on the business. Much of Newsweek’s veteran print-ad sales team has departed. In August, associate publisher and Beast veteran Jeff Barish left for Condé Nast and was soon followed by five others in ad sales, who departed for positions at Time, Inc., US Weekly, Bloomberg Businessweek and Harper’s Bazaar, according to an insider, who added that the decision to publish a recent double issue had been made due to flagging ad revenue. Yesterday Adweek wrote that the company lost $30 million last year.
Newer executives may be better equipped to sell the custom digital advertising packages touted by Ms. Brown. Publisher Ray Chelstowski, formerly of the short-lived magazine for the super wealthy, Prestige, and president Robert Gregory, poached from Plum TV last month, both come straight from luxury media, suggesting the once-stodgy newsweekly may be courting advertisers befitting Ms. Brown’s Talk days. Today, the Daily Beast TV vertical displays a large Lexus campaign, although individual videos do not have commercials.
But even one year later, Beast brass still appear a little unsure as to what exactly they’re after. One of Mr. Chelstowski’s hires, a vice president of marketing, has already been let go, according to an insider.


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Ben & Jerry’s co-founder creates Sanders ice cream
Ben & Jerry’s co-founder Ben Cohen announced Monday he has created a new flavor celebrating Benrie Sanders’s White House run.
— WorkingFamiliesParty (@WorkingFamilies) January 25, 2016
The new flavor isn’t an official Ben and Jerry’s ice cream.
“Jerry and I have been constituents of Bernie Sanders for the last 30 years,” Cohen said of the longtime Vermont senator. But he noted that his company with fellow co-founder Jerry Greenfield is not directly involved with the flavor.
“We’ve seen him and we believe him,” he continued on a website touting the ice cream. “When we’re out speaking on his behalf people always ask if there’s a Ben and Jerry’s flavor.
“There’s not,” Cohen added. “But if I were going to come up with one, this is what it would be.”
Cohen’s website describes “Bernie’s Yearning” as plain mint ice cream beneath a solid layer of chocolate on top.
“The chocolate disc represents the huge majority of economic gains that gone to the top 1 percent since the end of the recession,” the flavor’s packaging states. “Beneath it, the rest of us.
Eating instructions include taking a spoon and whacking the chocolate disc “into lots of pieces”; mixing the chocolate pieces around; and sharing the result with “your fellow Americans.”
Cohen has created only 40 pints of the ice cream, and 25 were sent to Sanders’s campaign.
A contest is being held to determine the winners of the final 15 cartons.
The Hill has removed its comment section, as there are many other forums for readers to participate in the conversation. We invite you to join the discussion on Facebook and Twitter.


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- Rep. Henry Cuellar on border crisis: ‘Playing defense on the one-yard line’
- Activists vow to occupy fast-food restaurants to get higher pay
- Rep. Luis Gutierrez: Senate Dems wary of immigration politics
- Summer camp for 1 percenters: Sushi, limos and shopping at FAO Schwarz
- Colorado gun crackdown law found to be built on faulty data
- Hank Aaron steps to fundraising plate for Democrat Michelle Nunn
- ISIL terrorists blow up burial site of Jonah, vow more of same
- Impeach Obama, say 35 percent in new poll
- Taliban yank 14 Shiites off bus, bind and shoot them on Afghan road
- Obama takes aim at ‘corporate deserters’
Men in black: Edun runway features men, too
Question of the Day
NEW YORK (AP) - There's something new on the Edun runway this season: the Y chromosome.
The theme for Fall 2013 is youth culture, and the label founded by U2 rocker Bono and his wife, Ali Hewson, decided to showcase men's clothes with equal emphasis.
"We've been making men's clothes for so long, but a lot of people didn't know that," Hewson said after the show. "It's great to bring men's looks to the fore."
The look was strong and simple for the men: big black biker jackets, with fitted black jeans. On the women's side, many of the looks _ from jackets to tops to dresses _ featured little silver chains.
But not too thick, emphasized the label's designer, Sharon Wauchob.
"I didn't want it to be too aggressive and tough," she said backstage of the chain detailing. "It's always a very careful balance between expressing femininity and expressing a strong identity."
Also big on the runway: delicate black chiffon tops for the women. And although black was very big in general, there were a few items in sparkly silver lame, like a tartan stencil "slash-neck" dress, paired with black sateen skinny jeans, or a silver lame jumpsuit. Hewson said one of her favorite items was a black leather jacket with open shoulders.
Edun was founded in 2005 by Bono and Hewson to promote change through a trading relationship with Africa. Of the 38 outfits displayed Thursday, all but a few included garments that will be produced in Africa or made from fabrics sourced there.
Bono was in attendance at Thursday's show, though he made clear he had little expertise in the matter.
"You know I know nothing about the fashion business so I'm the last person to ask about Edun," he said. "But I know a lot about my Missus, and she knows a lot about fashion."
Bono added that he was "interested more in the mission aspect of what Edun does," saying the company is "committed to proving that you can do trade, rather than aid, in some difficult geographies. And so I think nearly 50 percent is made in Africa in some interesting spots."
Nicole Evatt in New York contributed to this report.
TWT Video Picks
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Fighting in Iraq


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this is not an engineering or design problem but more of a failure to follow best practices
Roselle, NJ (PRWEB) June 22, 2011
Laser printer parts manufacturer Metrofuser (http://www.metrofuser.com) has issued a warning for business users of laser printers. Removing certain parts when the printer is turned on will harm the device irrevocably. The company’s research reveals as much as 10% of failures can be traced back to improper handling of these devices.
Metrofuser has issued the warning for all makes and models of laser printers and MFPs. A company spokesperson said this is not an engineering or design problem but more of a failure to follow best practices. A significant portion of the failures are occurring when end-users remove the fuser while clearing paper jams or when service is performed with the device is turned on.
This problem is so widespread it traces back to devices with older hot roller technology all the way up to the latest instant on technology. Faults show up as error codes referencing damage to the fuser, power supply or other electrical components.
Metrofuser is asking the service community to reevaluate procedures and educate their end-users on the proper handling of these sensitive devices. To avoid damage simply turn printer off before removing or installing fusing assemblies. Failure to do so WILL destroy printers heating elements, thermistors and/or power supplies.
Furthermore, Metrofuser is now equipping all of its fusers with warning labels that can be applied to printer to help inform installers and end users. Labels are also available by calling Metrofuser at 908-245-2100 Ext 128.
Further details can be found at LaserPrinterHelp.Net
Metrofuser remanufactures and distributes laser printer parts, remanufactured printers and offers service training for HP, Lexmark and Canon laser printers. The company offers a broad array of laser printer products from its Eastern and Western distribution hubs including fusers, maintenance kits, boards, and paper handling assemblies. Metrofuser has been named to Inc. Magazine’s fastest growing companies for three consecutive years. For more information, visit http://www.metrofuser.com.


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TO BUILD MULTIPLE CAMPUSES BY 2040
The office of the Governor of Virginia has just announced that Amazon Web Services (AWS), the cloud service arm of Amazon, plans to invest $35 billion in the state for the development of data center campuses and related operations.
Spanning up to 2040, the planned investment is expected to create about 1,000 total new jobs across Virginia, however, it is stated that numerous localities within the state are under consideration for the proposed data center campuses and will be decided at a later date.
“AWS has a significant presence in Virginia, and we are excited that AWS has chosen to continue their growth and expand their footprint across the Commonwealth. Virginia will continue to encourage the development of this new generation of data center campuses across multiple regions of the Commonwealth. These areas offer robust utility infrastructure, lower costs, great livability, and highly educated workforces and will benefit from the associated economic development and increased tax base, assisting the schools and providing services to the community,” said Glenn Youngkin Governor of Virignia.
Establishing its first data centers and operations facilities in 2006, Amazon Web Services (AWS) claims that the new proposed data center campuses will position the company for a long-term growth in Virginia.
“Virginia is a world leader in innovation and cloud computing, thanks to its investment in a robust, highly-skilled workforce and emphasis on long-term public and private partnerships,” said Roger Wehner, Director of Economic Development, AWS.
“Since 2006, AWS has invested more than $35 billion in Virginia, boosting the Commonwealth’s total Gross Domestic Product by nearly $7 billion and supporting thousands of jobs annually. Building on these successful beginnings, we plan to invest an additional $35 billion in the Commonwealth of Virginia by 2040 and create 1,000 jobs.”
AWS, also announced plans to significantly expand its data center and cloud footprint in the UK in April last year. The expansion is expected to require an investment of about £1.8 billion which will be expended on building and operating data centers in the UK, over the next two years.


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Resident Evil: Vendetta producer Hiroyuki Kobayashi discusses the possibility of adapting other Capcom franchises into CG films, such as Dino Crisis and Devil May Cry.
Devil May Cry and Dragon’s Dogma director Hideaki Itsuno offers an update on his latest project, explaining why it was not at any E3 events this year.
Ninja Theory’s chief designer, Tameem Antoniades, talks about the likely hood of some of its past games like DmC: Devil May Cry getting a sequel sometime in the future.
With Capcom reviving Marvel vs. Capcom with Marvel vs. Capcom: Infinite, we take a look at 10 other franchises the Resident Evil studio should bring back from the dead.
A voice actor by the name of Nils Hognestad lists the unannounced Devil May Cry 5 on his resume, possibly leaking the game ahead of its intended reveal.
The PlayStation 2 is the best-selling video game console in history, and it has an impressive library to match, with these 10 PS2 games ones everyone should play.
With the release of action game Quantum Break, Game Rant takes a closer look at some of the best action-oriented video game characters that have hit the scene over the years.
Capcom announces that ‘Devil May Cry 4 Special Edition’ will be arriving for PC, Xbox One, and PS4 on June 23, complete with a new Legendary Dark Knight Mode.
Game glitches can be a source of annoyance for most gamers, but they’re not all bad—these three game glitches evolved into beloved core mechanics that are used in many popular modern series.
‘DmC: Devil May Cry Definitive Edition’ is still a solid character action game with sharper visuals and a consistent frame rate that’s worth picking up for those who missed out.
Whether raised together or separated at birth, these video game brothers are our absolute favorites.
Capcom has announced a forthcoming DLC costume pack for ‘DmC Devil May Cry’ that includes a ‘Devil May Cry 3’ era skin for the game’s hero.
‘DmC Devil May Cry”s latest cinematic trailer should prove that Ninja Theory is developing a game every bit as stylish and demonic as past entries in the series.
At NYCC this weekend, Capcom revealed that ‘DmC: Devil May Cry’ will be getting the demo treatment. But will hands-on time convince fans the game is worth playing?
Capcom Producer Alex Jones says that fans have begun to accept Dante’s new look in ‘DmC: Devil May Cry.’ Gives hints towards the game’s difficulty.
At Comic-Con 2012 we got some hands-on time with Ninja Theory’s new reboot of ‘Devil May Cry,’ only to discover it isn’t just a remake, but a visually impressive homage to the original trilogy.
E3 2012 is over and we’ve gathered to reflect on the best of what was presented this year. Here are the nominees for Game Rant’s E3 2012 Awards!


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Windhoek – Plans to develop a beef processing facility, feed lot and tourism centre at the Kavango Cattle Ranch in northern Namibia that can serve regional and international markets are gaining momentum, according to Dr Michael Humavindu, Deputy Permanent Secretary at the Ministry of Industrialisation, Trade and SME Development.
Humavindu says that if everything goes according to plan, construction of facilities at the ranch, which stretches over 200 000 hectares of land, could be completed within the next two years and make Namibia one of the biggest distribution hubs for beef in the Southern African region.
The cattle ranch is one of the Namibian government’s state-owned farm conglomerate run by the Namibia Development Corporation (NDC) and forms part of Namibia’s Industrial Policy Implementation Strategy dubbed Growth at Home, focusing on value addition.
Growth at Home concentrates on three strategic intervention areas, which are supporting value addition, upgrading and diversification for sustained growth; securing market access at home and abroad and improving the investment climate and conditions.
The Kavango Cattle Ranch (KCR) project is aimed at creating jobs, wealth and export opportunities and create additional niche export products for new markets.
In addition, government also plans to upgrade the Ondangwa tannery in northern Namibia, where skins from the slaughtered livestock at the ranch can be processed into leather.
This, according to Humavindu, will assist value addition projects of leather, wool, pelts, silk and textiles industry through enhanced collection, processing, grading and cleaning of raw hides, skins, wool and natural silk.
Humavindu says that a finalised report on the leather sector growth strategy has also been finalised and is pending approval by Cabinet.
In the meantime, meat producers in Namibia are eagerly waiting for the chance to export beef to the lucrative and enormous China market since the Namibian Government announced last year in August that the country could now export its beef to China.
This also includes the importation of bone-in-beef from the Foot and Mouth Disease (FMD) Free Zone, which could hopefully allow farmers to send bigger volumes of beef at lower processing cost.
Namibia is one of only ten countries in the world and the only African country that is allowed to export beef to the East Asian nation.
But according to the Ministry of Agriculture, the export of beef to China could not start soon after the announcement because the Department of Certification, Accreditation and Administration (CNCA) is conducting inspections at abattoirs which are approved by Department of Veterinary Services (DVS) for export of beef to China.
“These abattoirs received questionnaires from CNCA to provide information on veterinary public health and food safety. This information was provided by Meatco Windhoek and Okahandja before experts from CNCA came to Namibia for inspections. The purpose of this inspection is for registering the export approved establishments as exporters of meat to China,” the Ministry said in response to The Southern Times.
Namibia Agricultural Union (NAU) Executive Manager, Sakkie Coetzee has welcomed the idea of exporting beef to China, saying that the more diversified the market is, the better it is for meat producers.
But he said that as farmers, they have to unfortunately depend on their export partners, such as Meatco.
“I hope the abattoirs exploit these markets,” he said.
To exporting beef from Namibia to China, livestock producers and abattoirs should comply with certain requirements, such as that the cattle should be born and reared in FMD free zone of Namibia where vaccination is not practised and bear a unique identification mark that should be traced back to the farm of origin.
The cattle should also come from a farm where no cloven-hooved animal from the region were introduced other than the FMD free zone of Namibia, and where vaccination was not practised during the past 12 months.
Further to that, the animals should be resident in the farm for at least 60 days prior to slaughter and should have been vaccinated against Anthrax, using live vaccine during the 14 days prior to slaughter.
The animals should never have been fed with any materials originating from ruminant, except milk, and never used veterinary medicine and feed additives prohibited by China or Namibia.
Namibia’s other beef markets, like the European Union (EU), Switzerland and Norway did not permit Namibia to export bone-in-beef, but now China is allowing that as long as the animals are slaughtered and the beef is processed and certified at an export approved slaughterhouse or abattoir and by the Directorate of Veterinary Services of the Ministry of Agriculture, Water and Forestry (MAWF). (Reported by Magreth Nunuhe)


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Industry’s rapid transition to “The 3rd Platform”—a combination of mobile, cloud, Big Data, and social—will continue to energize technological change in 2015, according to International Data Corporation (IDC). Growth in cloud services, alternative payment systems, and location-based marketing will remain strong, posits the research company in its top 10 predictions for the information and telecommunications industry.
Mobile app downloads is one area that will begin to slow in 2015, but introductions of enterprise apps will double. Sales of smartphones and tablets will close in on half a trillion dollars, with Chinese vendors capturing a significant share of the market. New wearables options will soar; their sales will not, IDC forecasts.
Some other IDC predictions of note to direct marketers:
- The Chinese consumer market will become hard to ignore for global players. It will comprise about one third of all online shoppers, who will help lift domestic digital presences such as Alibaba and Baidu to new prominence on the world scene.
- Big Data will just keep getting bigger. Spending on data-related software, hardware, and services will hit $125 billion. Rich media analytics surrounding video and audio campaigns will drive more Big Data projects, and Data as a Service (DaaS) offerings will grow in number and importance.
- With sales approaching $120 billion, cloud services will continue to dominate headlines. Software as a Service (SaaS) providers will increase their Platform as a Service (PaaS) options and fight each other over app developers. “Cloud is where we expect to see partnerships forming among strange bedfellows, such as Facebook with Microsoft and/or IBM,” says IDC SVP and Chief Analyst Frank Gens.
IDC also envisions a 2015 of expansion in predictive analytics and the Internet of Things, plus a growing focus on data supply chains. “We’ll see the 3rd Platform finally reach massive scale,” Gens says.


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Ultimate Franchise Systems, a franchise management and venture company, announced today the signing of a letter of intent to acquire Obee's Franchise Systems, owner of Obee's Subs, a growing chain of more than 65 sandwich shops with 70 more under development. Obee's is based in Port Charlotte, Florida.
Ultimate Franchise Systems CEO Christopher Swartz said in a statement, "Obee's fits perfectly within UFSI's strategy of acquiring regionally powerful restaurant brands with a history of success and a strong base of franchisees."
Swartz continued, "Obee's is a strong brand with a unique identity. We feel through our established infrastructure, we can increase support and resources for their area developers and franchisees while allowing the company to continue to grow rapidly, which is what has set them apart as a chain."
Said Jim Patrick, president of Obee's: "We are very excited that we have been able to agree to become part of the Ultimate family. We have experienced exceptional growth, and through this transaction, we will be able to grow our infrastructure exponentially almost overnight."
Ultimate Franchise Systems currently has investments in approximately 524 franchised restaurants in 30 states throughout the United States. These brands include Gator's Dockside Restaurants, Jreck Subs, Central Park Hamburgers, Li'l Dino's Deli and Grille, Sobik's Subs, Famous Uncle Al's Hot Dogs, Westshore Pizza, and New York Burrito.
The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website.


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CHICAGO, Jan. 25 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as the U.S. dollar weakened.
The most active gold contract for February delivery rose 7.2 U.S. dollars, or 0.37 percent, to close at 1,942.6 dollars per ounce.
Gold has risen for five trading sessions in a row, the longest streak of gains since August. Gold has risen nearly 6 percent since the start of 2023, finding support from signs of waning U.S. inflation and expectations for an economic recession.
Market analysts noted that gold has found support around 1,920 dollars per ounce.
Investors are also waiting for the release of the gross domestic product data on Thursday and key inflation data on Friday.
The Federal Open Market Committee will hold two-day monetary policy meeting on Jan. 31 to Feb. 1.
Silver for March delivery rose 19.2 cents, or 0.81 percent, to close at 23.941 dollars per ounce. Platinum for April delivery fell 20.7 dollars, or 1.94 percent, to close at 1,046.1 dollars per ounce.


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With two weeks left until its equity crowdfunding campaign on Crowdcube comes to an end, online retailer of handmade ice biscuits, Biscuiteers, has secured over £500,000. The company launched the campaign earlier this month seeking £550,000 for growth and drive international expansion.
Founded in 2007 by Harriet Hasting and Stevie Congdon, Biscuiteers offers a range of products, including biscuits, chocolates, cakes, personalized items, wedding treats and corporate gifts. As previously reported, the company currently has two biscuit icing cafes in London and Battersea. It operates out of two industrial bakeries that are located in South London. The company claims it is the first company in the UK to offer luxurious collection of hand-iced biscuits for customers to send as gifts.
Biscuiteers products are stocked at some retailers such as John Lewis, Selfridges, and Fortnum & Mason. The company has also made biscuits for well-known brands such as Cartier, Christian Dior, and Net a Porter. Hasting recently discussed the crowdfunding campaign:
“We are fundraising now because we believe this is the right time to invest for accelerated growth into a proven model. Our aim was to disrupt the premium gifting sector and we believe that biscuits are a unique and more personalised alternative to flowers and chocolates. We decided to crowd fund as our customers are very much at the heart of our business and we wanted to give them a chance to be part of our biscuit journey. The funds raised will be used to invest in international expansion, manufacturing improvements and marketing.”
The campaign is set to close at the beginning of November.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!


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Address the Excess: A Recipe for Cutting Food Waste. Peter Lehner, TEDxManhattan, 2013.
According to a report by the Natural Resources Defense Council, Americans are tossing up to 40 percent of the food supply each year, along with all the resources used to produce food that never gets eaten. Food waste occurs at home, on the farm, and in supermarkets.
In this TEDx Talk, NRDC’s executive director Peter Lehner explores the low-tech, tried-and-true solutions proven to reduce food waste and save money for consumers and businesses alike. It’s essential that we start putting more of these solutions into action.


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A US Senate committee has sent a letter to Google CEO Sundar Pichai that is demanding more answers about a flaw in the company's Google+ social media platform that could have exposed the personal information of about 500,000 users to third-party developers.
In the October 11 letter, John Thune (R-S.D.), the chairman of the Senate Commerce Committee, along with Roger Wicker (R-Miss.), the chairman of the Subcommittee on Communications, Technology, Innovation, and the Internet, and Jerry Moran (R-Kan.) chairman of the Subcommittee on Consumer Protection, Product Safety, Insurance, and Data Security, write that Google needs to release more information about the security bug in the platform.
The three cite an article in The Wall Street Journal that reported this week that Google found out about the flaw in March, but kept it under wraps as some executives in the company worried about the legal and regulatory fallout of disclosing the bug. (See Google+ Bug Exposed Personal Data of 500K Users – Report.)
It's not clear if any third-party applications developers took advantage of bug to look at the details of Google+ users and their friends, but the vulnerability has raised serious questions about Google handles the data of its users.
"As the Senate Commerce Committee works toward legislation that establishes a nationwide privacy framework to protect consumer data, improving transparency will be an essential pillar of the effort to restore Americans' faith in the services they use," according to the letter. "It is for this reason that the reported contents of Google's internal memo are so troubling."
As part of a response to the Journal article, Google is planning to review many of its privacy and data protection policies for its various products, including Android and Gmail. Also, Google has decided to close the consumer version of Google+ within the next year, although the commercial version will remain.
The letter from the commerce committee asks eight specific questions of Google about the breach, including:
The letter is asking for answers from Google and its executives by October 30.


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LG Outs Optimus Vu to Battle Samsung Galaxy Note
February 20, 2012 10:18 AM
comment(s) - last by
LG Optimus Vu to be shown off at MWC 2012
We are seeing an increasing number of devices that dance on the line between tablets and smartphones. Samsung tried to embrace this market with
that has a screen larger than most smartphones yet a little bit smaller than most tablets combined with the capability of making phone calls.
LG now wants a piece of that action has launched a new device called the Optimus Vu.
The device has a large 5”, 4:3 aspect ratio LCD with a 650 IPS brightness rating. The device and is 8.5 mm thick and sports LTE 4G connectivity. The Optimus Vu will be shown at Mobile World Congress 2012 in Spain. LG claims that the high brightness of the LCD used on the device allows the Optimus Vu to be read easily outdoors and to offer crisp and accurate colors.
[Source: LG Electronics]
The big smartphone weighs 168g so despite the larger screen size it should still be easy to take with you on the go. The Optimus Vu also comes with a rubber stylus pen for navigation and the screen also supports touch. The Optimus Vu uses a 1.5 GHz dual-core CPU and runs Android 2.3. LG says that within three months after the release of the device an upgrade to Ice Cream Sandwich will be launched.
The Optimus Vu has HDMI out and supports DLNA devices. There is 32GB of internal storage available, an eight-megapixel rear camera, 1.3-megapixel front-facing camera, and a 2,080mAh battery.
This article is over a month old, voting and posting comments is disabled
RE: End of the line for Android phone ideas, maybe
2/20/2012 11:26:41 AM
And GPU performance!
"Google fired a shot heard 'round the world, and now a second American company has answered the call to defend the rights of the Chinese people." -- Rep. Christopher H. Smith (R-N.J.)
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text:
WPP, the world's biggest advertising firm, reported a slowdown in like-for-like third-quarter sales, but indicated that a weaker pound will likely boost revenue growth in the months ahead.
The group said revenue in the three months ending in September grew 23.4% to £3.611 billion ($4.4 billion) and forecast that full-year like-for-like revenue would grow "over" 3%. So-called organic sales, however, slowed to 3.2% from 4.3% in the first six months of the year, it said. Operating margins for the first nine months of the year, the group said, expanded by 0.3 basis points in constant currency terms.
WPP generates more than 90% of its sales outside of the U.K., and has seen significant benefit from the falling pound, which has lost around 18% of its value against the U.S. dollar since the country voted to leave the European Union on June 23.
WPP shares were up more than 4% in early London trading, rising to the top of the FTSE 100 leaderboard and changing hands at 1,771 pence each. The stocks has risen nearly 20% since the June Brexit vote.


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○ Many Chinese make extra money by taking foreign goods into the country without paying tariffs
○ Starting in January 2019, rules will target this kind of tax evasion
○ Experts suggest lowering import taxes in response to massive demand
Miaomiao (pseudonym) was working part time in a hotel in Australia's Brisbane before she became a private shopping agent (known as daigou in China) to make some extra money while taking care of her baby.
"Australia's healthcare products and milk powder are favored by Chinese consumers," Miaomiao told the Global Times. "Milk powder in Australia is a big bargain compared with China."
Every week Miaomiao sends more than 50 tins of milk formula directly to her customers in China using an international courier after collecting orders from her customers via WeChat.
However, a new law in China promises to bring big changes to people smuggling foreign goods into China to avoid taxes, starting on January 1, 2019.
Miaomiao told the Global Times, "I will manage to send the milk powder back through every legal way, because the moms trust in and rely on milk powder from Australia. As for the luxury bags, I guess I will stop taking them to China personally."
A report released on 100ec.cn, a Chinese e-commerce think tank, shows that in the first half of this year, China's import volume on e-commerce platforms hit 1.03 trillion yuan ($151.4 billion), and the number will increase to 1.9 trillion yuan by the end of this year.
The report also shows that China has over 75 million frequent users of transnational online shopping services and the number will swell to reach 88 million at the end of 2018.
China's Legal Daily dubbed this a "trillion-yuan business without production but with circulation."
It's not an exaggeration to say that private overseas shopping agents have become important in many Chinese people's daily lives. However, smuggling, tax evasion, counterfeiting and personal information leakage have often made this business a target of public criticism.
A transnational online retailer said that shopping agents bring goods in the name of personal use to evade tariffs, and evade personal income tax after selling these goods, the Legal Daily reported on Tuesday.
On Zhihu, China's Quora-like question-and-answer platform, many articles uncover various "traps" related to daigou and how to avoid them.
"Everything can be forged, packages, receipts in different languages, anti-counterfeit labels and everything, there's no way to tell them from the real ones with the naked eye," an insider said in a post.
A man surnamed Lin in Ningbo of East China's Zhejiang Province said he was swindled by an online shop on Taobao, China's leading e-commerce platform. Lin told the local media that his wife spent 5,399 yuan ($794) on two pairs of sandals from an online shop on Taobao which claims to sell luxury goods. The sandals were proved to be counterfeit. The sellers admitted the fraud but refused to offer a refund and disappeared from the platform.
An anonymous courier told the Global Times that some courier companies provide a service to change the delivery address at the customers' request. "Your parcel might have been delivered from a domestic point of origin but you receive notification that it has been sent from a bonded warehouse," said the courier.
According to China's newly released e-commerce law, private shopping agents conducting business on WeChat Moments and streaming live platforms should register with the industrial and commercial administrative departments and pay tax accordingly.
Taking effect on January 1, 2019, the law is China's first on the e-commerce sector.
"The e-commerce law is necessary to control the lawless competition in e-commerce," said Liu Junhai, a business law professor with the Renmin University of China.
"The law explicitly defines illegal conduct in the e-commerce sector, and protects the consumers' legitimate rights," Liu told the Global Times.


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Be proud ambassadors of the Fijian brand: Koya
October 19, 2020 5:44 am
Minister for Tourism Faiyaz Koya
Fijians are being encouraged to promote Fijian made products as it will help immensely in economic growth.
Minister for Tourism Faiyaz Koya says it is important to get Fijians to think and buy local.
He says the pandemic has shifted the focus of people on a local scale.
“It is especially important now, with wide-ranging disruptions in supply chains that have been caused by the COVID-19 pandemic, during this global pandemic we need to bring the focus back to the essentials, we need to get Fijians thinking local and buying local”
Koya has also encouraged Fijian businesses to be more creative and innovative in how they plan operations.
He says we need to be ambassadors of the Fijian brand as it provides opportunities to get brand recognition not just locally but on a global stage for homegrown products.
The Fijian Made Video was launched on Friday and highlights the government’s effort to promote locally grown produce.
Vinaka vakalevu to all those supporting #LoveOurLocals.
— Frank Bainimarama (@FijiPM) October 13, 2020


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For example, check out this story from Standart News:
The police say that there are about 200,000 treasure hunters in
Bulgaria, working in over 300 organized groups. Each of these groups
makes one or two million levs a year.
Western experts say Bulgaria is the third largest supplier of antiques in Europe.
Antiques, mafia, treasure hunters, smugglers … Disturbing, but fascinating.


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* Indexes close up: Dow 0.30 pct, S&P 0.57 pct, Nasdaq 0.88
pct (Updates to close)
London Zoo is in the midst of its annual animal audit. It takes some creative counting techniques to tally up some of the beasties.
Tesla's Gigafactory Is Now Actively Cranking Out Batteries
For a company that's been criticized often for setting goals it doesn't meet, Tesla hit the mark on Wednesday with its enormous plans for the Gigafactory: production has begun inside the currently-1.9 million square foot facility on Tesla's first …
Tesla starts mass production of batteries
Tesla Powering Up New Battery-Making Gigafactory
Tesla Flips the Switch on the Gigafactory
The video starts with a melee — throngs of people brawling in multiple fights on a west Philadelphia street.
WASHINGTON, Jan 4 (Reuters) – With his selection of
deal-making attorney Walter “Jay” Clayton to head the U.S.
Securities and Exchange Commission, President-elect Donald Trump
is signaling that the agency will try to reduce regulations that
critics see as burdensome or hindering corporate growth.
Honed by Wall Street: What makes Trump SEC chair pick Jay Clayton tick
In a video prepared by his employer last year, attorney Jay Clayton was asked what he thought of possible attempts by the government to regulate cybersecurity threats faced by banks. Clayton, who was nominated Wednesday by President-Elect Donald …
Dems attack Trump SEC nominee's ties to Wall Street
Trump Taps Jay Clayton, Wall Street Lawyer, to be SEC Chairman
SEC Chairman Pick Clayton Criticized 'Zealous' Foreign Bribery Law Enforcement
Jan 4 (Reuters) – Electric car maker Tesla Motors Inc has started mass production of lithium-ion battery
cells at its gigafactory in Nevada along with Japan’s Panasonic
Corp, the company said on Wednesday.
NEW YORK, Jan 4 (Reuters) – U.S. shares ended higher on
Wednesday after minutes from the Fed’s December meeting showed
policymakers were concerned that quicker economic growth under
President-elect Donald Trump could require faster interest-rate
increases to limit inflation.


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Elizabeth Cutler ditched real estate to take a chance on starting up a business, and today that business is soaring.
SoulCycle, which bills itself as an alternative to traditional indoor cycling classes, began with one location in New York in 2006. It now boasts 41 locations and 12,000 riders a day.
Almost a decade ago, Cutler said she and co-founder Julie Rice saw a need in the market and decided to jump in with both feet.
"We felt like we could find something that we loved and when you love what you do, you want to keep doing it," the SoulCycle CEO said in an interview with "Power Lunch" from the CNBC iConic conference this week.
The 45-minute cycling classes combine high-energy music, hand weights and inspirational coaching, with the goal of empowering riders and leaving them both physically and mentally stronger, according to its website.
"SoulCycle isn't just in the business of changing bodies; it's in the business of changing lives," the description says.
Among the fitness conscious, SoulCycle is part of a booming health club industry that rakes in more than $30 billion a year collectively, according to data from IBISWorld.
The company offers a la cart classes and an online reservation system, instead of a more traditional gym membership. Cutler said they did it that way to make customers' lives easier.
In fact, she said SoulCycle developed one of the first online reservation systems in fitness.
"People are very busy. They have a lot of demands on their time, and we wanted to be efficient and frictionless," she said.
The workout has a devout following, with reports of wait lists for those who don't sign up for classes quickly enough. Riders shell out $34 a class and can also buy packages.
Culter said the reservation system helps riders feel a "different level" of commitment.
"You make the commitment to yourself. You make the commitment to the room," she said. "You make the commitment to plan your week so that you're actually accountable to yourself, and make sure that you're making these healthy choices that really end up changing your life."
The business is still growing, with a total of 55 locations expected to be up and running by the end of the year. There is also a retail line, which launched in 2007, and a SoulCycle bike that was introduced in 2012.
The accolades aren't only coming from its devoted fans. SoulCycle was named one of the world's top 10 most innovative companies in fitness of 2013 by Fast Company, and was voted best hit-each-body-part fitness class by NY Magazine in 2010.
As to whether SoulCycle will eventually become another fitness fad, Cutler said she isn't concerned.
"There are very few ways to get cardio. As long as we are in this physical body … we all need cardio," she said.
Cardiovascular fitness "is essential for heart health. It's essential for a lot of different things that make a meaningful impression on how well we live our lives, especially as we are living longer," she added.


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- Vivian Hendriksz |
David Tang, Hong Kong entrepreneur, socialite, and founder of fashion brand Shanghai Tang, has passed away at the age of 63.
Tang, who spent his time between London and Hong Kong, was battling liver cancer for some time before passing away according to media reports. He was well known for his witty and satirical weekly column for The Financial Times weekend edition. Tang leaves behind his spouse, Lucy, children Victoria and Edward and grandson Rocco.
David Tang began his fashion label Shanghai Tang in 1994. The brand is known as one of the first luxury Chinese brands to become global and blends Eastern and Western design influences into its designs. Luxury conglomerate Richemont took a controlling stake in the brand in 1998 and acquired full ownership of the brand a decade later.
The brand changed ownership again this July, as Richemont sold the luxury label to a consortium of investors led by Italian entrepreneur Alessandro Bastagli for an undisclosed sum. Shanghai Tang currently counts 32 stores across the globe.
In a previous interview with the Financial Times back in 2010, Tang said he would like to be remembered by this Hilaire Belloc quote: "When I am dead, I hope it may be said: His sins were scarlet, but his books were read."
Photo: Shanghai Tang website


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Ferrari has introduced the Roma, a car that is considered to be the most elegant and exotic Ferrari ever made. It features the latest concept of “Nuove Dolce Vita” (New Sweet Life) design that improves on a number of things, the most important of which is aerodynamics. The Roma has a traditional shark nose up front with linear LED headlights while the side profile is void of the usual side shields – a move that harkens back to the 1950s. The rear end features and active spoiler and a compact diffuser that just exudes the car’s sporty and performance-oriented nature.
The interior has an evolved version of the of the dual-cockpit concept that includes an individual cell for the driver and passenger – a design that gives the passenger the feeling of being a co-pilot. Interior materials include:Full-grain Frau leather Alcantara Chromed aluminum Carbon fiber
Power comes from a 3.0-liter V-8 that’s good for 612 horsepower and 561 pound-feet of torque – the former of which represents a 20-horsepower increase over the car it’s based on. The Roma, in this specification, can reach 62.1 mph (100 km/h) in 3.4 seconds on the way to a top speed of 200 mph. Ferrari has yet to release pricing details, but word has it that an MSRP of at least $225,000 is expected.
The Ferrari Roma Is a Callback to the Past and a Look Into the Future
Ferrari’s run of new model releases in 2019 now includes the Roma, a two-seater supercar that pays tribute to the Italian automaker’s roots while also showcasing a new interior layout that could lay the foundation on what future Ferraris could look like — at least as far as interiors go — in the future.
The Roma joins the F8 Tributo, F8 Tributo Spider, 812 GTS, and SF90 Stradale as all-new Ferraris that the Italian automaker unveiled this year. It is fitting that what could be the last of this new model assault is the one that bridges the past with the future. Ferrari hasn’t revealed the price and availability of its new supercar, but expect more details to arrive soon.


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Lexington Social Media Company Making Impact on World of Professional & Collegiate Athletics
Talent Attach, the leading provider of social media design, development and marketing services in Kentucky, has quickly developed a social media network of athletic brands and are revolutionizing the way fans interact with athletes and sports teams.
Talent Attach recently created two brands around the 2011-12 NCAA Champion Wildcats that have caught the attention of thousands of Cats fans across the world. These two social media brands, The Swat Team (@BBNSWAT) and BBN GR8NESS (@BBNGR8NESS), interact and engage with Kentucky fans via Twitter and Facebook throughout the season/post-season -- garnering an impressive following of over 100,000 Wildcat fans across the two accounts. The brands drive lively commentary on the games, retweet and engage with other UK fans talking about the game, and promote giveaways and contests powered by their corporate sponsors.
The company also made serious noise on Facebook with UK-themed Timeline Cover Art that was released and showcased across their social media network, including former UK great, Brandon Knight (facebook.com/OfficialBrandonKnight). Several of their Cover Arts, such as “The Pursuit of GR8NESS,” “Final Four Civil War,” and “GR8NESS Achieved” have gone viral across BBN and have garned the attention of big-time brands, such as Nike, Adidas, and McDonalds.
Talent Attach has leveraged their Swat Team and GR8NESS social media presence to launch the BBN Swat Team autograph tour featuring UK fan-favorite, Darius Miller. Darius is the first UK athlete to embrace the power of social media to immediately jump start his professional career following his collegiate career. Fans can follow Darius on Twitter (@uknum1) and on Facebook (facebook.com/OfficialDariusMiller) to find the most up-to-date information on his autograph tour, schedule an appearance, follow his journey to the NBA, and win autographed memorabilia. WKYT is the official media partner providing Big Blue Nation with updates, information, and coverage of the BBNSWAT Autograph Tour.
Talent Attach has quietly assembled an impressive list of athletes who have entrusted them to develop, design, and manage their social/web presence across the internet. Notable clients include Brandon Knight of the Detroit Pistons, Josh Smith of the Atlanta Hawks, Rajon Rondo of the Boston Celtics, Gordon Hayward of the Utah Jazz, Jodie Meeks of the Philadelphia 76ers, E’Twaun Moore of the Boston Celtics, Shelvin Mack of the Washington Wizards, and Greivis Vasquez of the Charlotte Hornets. They have also landed all-time NBA great, Gary Payton -- they are helping Gary rejuvenate his post-basketball career as a broadcaster, announcer, and coach, while also helping Gary bring an NBA team back to Seattle, where he played the majority of his Hall-of-Fame career.
Talent Attach is excitedly building their network of Athlete/Sports Brands and have countless exciting new social media design & marketing initiatives that will keep them and the brands they represent well-ahead of the game.
Contact for Additional Information:
Director of Operations


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Sega announced the latest Sonic adventure will feature theme park inspired worlds and a new colorful alien race, Wisps, that offer gamers a number of new Sonic power-ups.
"In Sonic Colors, players run at supersonic speed through incredible looking planets each with their own unique visual style," Gary Knight, senior VP of marketing at Sega, said in a statement. "In addition to the classic Sonic gameplay style, the colorful new Wisp power-ups offer a fresh new way of exploring these worlds and helps make Sonic faster than ever before."
An extraordinary amusement park has been seen orbiting around the home planet of Sonic the Hedgehog, and rumors are spreading that an alien race of Wisps, who have a unique colorful energy, are being held captive there by the evil Dr. Eggman. Soon after arriving at the amusement park, Sonic discovers he is able to use these mysterious alien forces to help the Wisps escape.Combining both the classic 2D Sonic perspective with 3D elements, Sonic colors will utilize the DS's dual screens. Sega did not specify a launch date beyond "holiday 2010."
Sharkey says: Sega has attempted to take the Sonic franchise in a number of different directions -- more than a few of them winding up as dead ends. Power-ups, and a mix of 2D and 3D racing sounds like a good mix of the traditional with some simple, fun additions.


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Find best practices, tips, business strategies, how-to and more about networking and network.
Mon, December 09, 2013 - Retailers, sports teams and transit providers can use tech to get ads, directions, sale information and other info to in-venue customers
Mon, December 09, 2013 - Most people believe tech innovation holds the best promise for curing fatal diseases and are confident they could administer their own tests, according to a new multinational survey.
Fri, December 06, 2013 - Most budget phones offer a sub-par experience, but the new Moto G provides an excellent experience at a low off-contract price. So is this the phone for you?
Thu, December 05, 2013 - The problem with IT security professionals is they spend too much time stopping business people from trying new things, including cloud services, out of worries about risk when they should really be working directly with business managers to help them innovate by means of security.
Thu, December 05, 2013 - China Mobile, the world's largest mobile carrier, has finally inked a deal with Apple to sell the iPhone, according to a report by the Wall Street Journal.
Thu, December 05, 2013 - Next year will see demonstrable evidence of the Internet of Things, real-time communications on the Web, and SDN-enabled platforms with killer applications for them.
Thu, December 05, 2013 - Vendors shipped 4.97 million 10 Gigabit Ethernet ports during the third quarter
Wed, December 04, 2013 - The Highland Forest platform gets faster compression, encryption and deep-packet inspection
Wed, December 04, 2013 - The wireless world is evolving rapidly in response to the explosion of intelligent devices, applications and data, and the IEEE 802.11ad standard, commonly known as WiGig, is poised to help.
Wed, December 04, 2013 - First place U.S. still has IT market 3x size of China, though the latter is seeing far more rapid growth, IDC says.
Tue, December 03, 2013 - The NSA spying scandal has put a strain on the China business of Cisco and Qualcomm, the companies said recently
Tue, December 03, 2013 - The specification for the next standard is finished, though products may not ship until 2016
Tue, December 03, 2013 - Microsoft revealed today that it plans to spend $170 million to further expand its data center in Dublin, Ireland - a city that is also home to several other large data centers including those owned by Google and Amazon.
Mon, December 02, 2013 - U.S. regulators have given the green light to Microsoft's acquisition of Nokia's handset business, moving the deal a major step closer to wrapping up.


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Vivo Freedom Carnival Sale is live now on the Vivo e-store in India. Vivo Nex is available at Rs 1,947 that the buyers can grab
Vivo Freedom Carnival Sale is about to get over as today’s the last day. Vivo kicked off the sale on August 7 where the company’s online store offered big deals and discounts on the smartphones. The biggest highlight of the Vivo Freedom Carnival Sale is the Vivo Nex, priced at Rs 44,990, available at just Rs 1,947. The Vivo Nex was launched in India recently at a hefty price tag of Rs 44,990, however, the company, in the anticipation of India’s 72nd Independence Day, is sweetening the deal by offering a huge discount.
The interested customers should be logged into the Vivo e-store for a smoother process while booking the phone. It is highly likely that the website could face an overload of users, which is why it’s recommended to get the basic things ready beforehand. The buyers will be able to use all the payment modes on the purchase of the phone, including Cash on Delivery.
Other offers include Vivo V9 that will be available at a discounted price. The smartphone was launched earlier this year at a price of Rs 20,990. The offer will be available only on limited stock and only a few lucky ones will be able to get the phones for that price. Here are a few tips that will increase your chances of getting the phone –
1. Sign up on the Vivo Shop right now by providing your email address and authorise it using an OTP.
2. Enter an address in ‘My Address’ section and keep it ready for later.
3. Log in at least 30 minutes before the time of sale i.e. 12 pm.
4. Open the Vivo Nex page, and keep refreshing it for the price.
5. As soon as the price changes to Rs 1,947 from Rs 44,990, hit ‘Buy Now’.
6. Select the delivery address that was saved earlier and pay the amount.
Apart from the unbelievable price, the customers can also avail 5 per cent cashback with HDFC credit card EMIs, free Bluetooth earphones on the purchase of select Vivo smartphones, and no cost EMIs up to 12 months. Jio benefits worth Rs. 4,050 are also available in the Vivo Freedom Carnival sale.
As part of the flash sales, Vivo’s XE100 earphones, Vivo USB cable, and Vivo’s XE680 earphones will be available at a price of Rs 72 each, at 12 pm on August 7, 8, and 9.


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and Ranveer Singh
seem to be bonding big time as the duo is busy preparing for their respective performances at the 65th Amazon Filmfare
Awards 2020, scheduled for tonight. In a fun mood, Ranveer and Kartik recreated the poster of the latter’s latest release ‘Love Aaj Kal
’ and went on to announce the film’s sequel. Ranveer and Kartik’s bromance is indeed adorable and watching the duo share screen space on the silver screen will be a visual treat.
Kartik Aaryan has been busy prepping for his grand performance at the 65th Amazon Filmfare Awards 2020, which are being held in Awesome Assam. He had shared a glimpse of his act on social media. The ‘Pati Patni Aur Woh’ star will be grooving to hits of Salman Khan, Shah Rukh Khan
and Hrithik Roshan’s songs from the 90s. He is expected to make a stylish entry on a bike at the grand event.
Kartik’s last release ‘Love Aaj Kal’ has set the cash registers ringing at the box office. The romantic saga fetched an opening figure of Rs 12 crore. Directed by Imtiaz Ali, the film features Karitk romancing his ex-flame Sara Ali Khan.


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57% of influencers believe their ethnicity impacts the fees they can charge, a new report has found. Lifting The Lid: The Influencer Pricing Report, produced by SevenSix Agency, looks at the role race plays in influencer marketing pay disparities, as well as taking a closer look at industry trends and considerations.
The report found that 20% of influencers believe the impact of ethnicity on pricing to be negative, with prices decreasing as a direct result. Of this group, 99% identified as a person of colour. By comparison, only 45% of those who don’t believe their ethnicity affects their prices identified as a person of colour, with 55% identifying as white.
SevenSix Agency conducted research on influencer fees in November and December 2020, gathering quantitative and qualitative data from over 275 influencers, brands and agencies in the UK and beyond. The report uses both responses from the SevenSix Agency survey and key insights from industry specialists to uncover and address the pay disparities that exist between influencers.
69% of influencers believe they undercharge when setting a price for paid partnerships, with this group split across a number of different ethnic groups. However, a closer look reveals bigger gaps between groups; nearly half (49%) of influencers who believe they undercharge and believe their ethnicity impacts their fees are black, followed by 18% South Asian and 13% mixed (black and white) heritage. Only 11% of this group were white, suggesting a link between race and influencer pay.
Less than a quarter (22%) of influencers said they felt confident setting a price for paid campaigns, demonstrating a desire for more structure around pricing within the industry.
Charlotte Williams, Founder, SevenSix Agency, said: “These figures uncover some harsh truths about the influencer marketing space and are proof that we have barely begun on the journey to full diversity and inclusion. They also show a need and appetite for structure and process to support influencers when it comes to pricing, allowing us to remove pay discrepancies related to race. For real progress to be made, we need all parts of the ecosystem – brands, agencies and influencers themselves – to work together. This means having the tough conversations, but also turning those discussions into action that will facilitate positive change, ensuring diversity doesn’t fall off the agenda.”
The report also spoke to brands and agencies, asking for insight on their experiences regarding diversity and influencer marketing. One agency stated that brands “haven’t spent enough time bothering to speak to a diverse audience.” This sentiment was echoed by another agency, saying that brands “can’t just switch it [diversity] on and magically expect profits to come from BAME audiences. It takes time, trust, authenticity.”
Agencies spoke of action taken last summer during the resurgence of Black Lives Matter, with one telling how they have “added clauses to both our influencer and client agreement where both parties need to declare that they are aligned with our actively anti-racist values.”
However, another questioned the longevity of the impact of steps taken last year, stating “When the BLM movement came out, we were impressed with the number of influencers who wanted assurances that a diverse range of talent was being used. However, we haven’t been asked that once since September.”
The report also looked at the measurement of influencer marketing, including the differences between engagement and reach. The full report can be downloaded here.


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An excess of factory capacity, combined with sluggish demand in Asian market, conspired to shrink sales for the more than 63 percent of the world's largest chipmakers, according to Joe D'Elia, associate director and program manager for Dataquest's Semiconductor Europe program.
Memory makers such as Hitachi and Samsung suffered the most because of the lingering glut of DRAM chips. Hitachi, the biggest loser in the group, saw revenues shrink 26.2 percent last year, falling from $6.3 billion in 1997 to an estimated $4.6 billion in 1998. Samsung's revenues declined 18.9 percent, form $5.9 billion an estimated $4.8 billion. Texas Instruments, which closed and subsequently sold many of its memory operations in 1998, saw chip revenue decline 18.4 percent.
"Semiconductor vendors around the world are glad to see the back of 1998, a year slated to be the worst since the mid-'80s," he said.
The bright spots for the industry seemed to be Europe and microprocessors. Philips, STMicroelectronics, and Siemens, all based in Europe, all saw revenue growth. Their surge marked the first time three European companies made the list. Siemens led the group of 11 with a 12.4 percent rise in revenues, the only company to experience double-digit growth.
Other companies saw the continent as a boon market as well. Europe was the only region in the world where vendor revenue gains outnumbered the declines. Seven of the top ten vendors posted European revenue gains in 1998.
Intel, the No. 1 semiconductor manufacturer, expanded its lead over Japan's NEC, the second-largest chipmaker, with a 4.3 growth in revenue. Dataquest estimates that the company pulled in $22.7 billion in revenue. Intel's revenues got a kick-start in the second half with a greater-than-expected surge of computer purchases that erased the memory of a slow first half, according to analysts.
Nevertheless, according to to various analysts and industry organizations such as the Semiconductor Industry Organization, say the excess factory capacity and memory inventories are shoring up and could lead to improved sales.