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NOT AS SIMPLE AS ABC – The empire expands:
ABC managing director Michelle Guthrie wants its online streaming service, ABC iView to become a global product similar to Netflix with reports it will happen sometime this year.
During a press conference, Guthrie explained, “The intention is not to have a separate international product, the intention is the internationalise all the products that we have.
“In the same way Netflix is global, why aren’t we global? That doesn’t mean it will be 100 per cent of the same content. We actually have a lot more rights than we currently exploit.”
The proper question to ask is why Australia’s “public” broadcaster wants to go global, and why should my taxpayer money go to subsidise and make possible Michelle Guthrie’s dream of Australian Broadcasting Corporation becoming a sort of a (more) left-wing international competitor to Netflix. How is this possibly a job for a government agency?


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As partnership of the Olympic Games, Omega announced its new model Speedmaster Chronoscope before Olympic Games Paris 2024.
Discover highlights of Watches and Wonders 2024.
We have interviewed with Benoit de Clerck about his career and novelties of Zenith.
More than 200 musical artists, including famous names such as Billie Eilish, Katy Perry and Nicki Minaj, signed a letter calling for the protection of artists’ rights against the misuse of artificial intelligence. So why?
Here are best visa-free holiday destinations for the upcoming holiday season…
As one of the biggest brands of Swiss watchmaking, Patek Philippe’s journey goes to about two hundred years ago.

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There was a lot of hype and likes when Cardi B had announced that there would be a doll in her likeness, way back in March, this year. However, there’s bad news since, as a Cardi B rep told TMZ that the dolls will not be released. The disappointment is palpable as the Bardi gang and others have been told to ask for refunds.
A rep told the outlet that the reasons why the dolls would no longer be released was due to Covid. The pandemic had caused both manufacturing and shipping delays. The rep also said that Cardi B had concerns about the dolls themselves. She believed that they would not reach the high quality standards that she sets.
The rep also told TMZ that CB had asked Real Woman Are (RWA), the company that was involved in the making of the dolls to refund all the pre-sale purchases. The company has agreed to do so. The rapper is encouraging those who have not as yet asked for a refund to request for one immediately.
Earlier in March, Cardi B announced on Instagram that she would be releasing her own doll that was inspired by her, created by her and designed by her. She asked her “BARDI GANG” to reserve their dolls on the Real Women Are website, a fashion doll brand. The dolls were priced at $35 each.
Shipping deadlines were missed after the orders were placed on the website. The Real Women Are on Instagram saw many people complaining that they had not received the dolls. They also demanded refunds or an update. Now Cardi had addressed their concerns and they will get their refunds. However, they will also be disappointed as the update says that the Cardi lookalike doll will not be released.
Earlier, the Bronx native said that she was a “girl’s mom” and she gifted her nieces with dolls and other merch. She said that she had spent money on dolls. So, she decided to get into the doll business. However, now it look like she is getting out of the doll business, for now, at least.


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Wireless carriers look at free voice, texts
One company in Austria has decided to charge users just for data consumption.
That's led to a bit of a crisis at wireless carriers, which once counted on phone calls as a major cash cow. Carriers that used to be downright stingy with their minute allotments are moving toward unlimited calls. The industry knows the big money is in data plans.
Now one wireless company in Europe has decided to offer free voice and text messages and simply charge for data. Telekom Austria's most expensive package will be 59.90 euros, or just under $77, for the fastest speeds and the highest volume, Reuters reports. Users will get unlimited calls, texting and app usage.
Another reason calls and texts are losing value for carriers is that it's pretty easy to do these things online using a Wi-Fi connection. In the United States, companies like Ooma and magicJack offer phone calls over the Internet. Smartphones also have tools that let you make Internet-based calls. And anyone with a Google Voice account from Google (GOOG) can send text messages directly from their computers.
Last year, AT&T's (T) chief executive said he wouldn't be surprised if a carrier started charging only for data, and not voice, within two years, according to The Wall Street Journal. Now that Telekom Austria has made that leap, other carriers in Europe -- and, perhaps, the United States -- are likely feeling pressure to follow suit.
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Jetbay, the first mainland-China based startup to get accepted into US-based accelerator 500 Startups, is a site for foreigners acting as a personal travel guide for major and off beaten destinations at great prices in China. The site, which is target to launch on October, will have local travel destinations, event listings, and packages, all in English. Jetbay offers foreigners a chance to discover and enjoy local services at local prices. Co-founder James Tan from Singapore states: “The simplest explanation is the discrepancy of information, foreigners are simply not aware that these destinations/deals/packages exist.”
Offers On and Off Major Cities of China
Jetbay will offer other off beaten cities and locales that are often unknown by tourists and have little to no tours offered by other companies. Many cities outside the usual tourist friendly places like Beijing, Shanghai, and Guangzhou have really nice attractions and locales eager to receive foreign visitors. Jetbay will make foreigner’s visit easier to get authentic local travel experiences.
Jetbay is co-founded by Tan, and Michael Pan, who are also co-founders of the Chinese daily deals site 5STuan. The new travel startup has received funding from QuestVC and a financial input from 500 Startups that comes with being included into its program.
Jetbay is targeting to service the 130 million overseas visitors who came to China in 2012 and the additional 14% of that who came to China in 2013.
How Jetbay may contribute to improving China image in the eye of foreign tourists.
China actual situation regarding overseas tourists coming to China is a tricky one. The country has heavy pollution problems : fog in Beijing, beaches covered by litter are a few of these problems. This company has undoubtedly found a way to show part of China that are still fairly untouched by all of these major burdens. In addition this niche market has not seen many competitor and contrast strongly with the traditional tours. Shanghai and Beijing are the place seen by the most tourists even though there are so much more to China. This will definitely contribute to improving China image.
- The differences between foreign tourists and Chinese travellers
- Latest news on how to attract Chinese tourists
- Our latest news about marketing in China


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At the unveling of its new Mustang Mach-E, Ford hinted that it could use this historic moniker to form into an entirely new performance sub-brand. It also claims range "of at least 300 miles with the available extended-range battery and rear-wheel drive".
Tesla CEO Elon Musk at a press conference at the Kennedy Space Center in Cape Canaveral, Florida, Feb. 6, 2018.
"At the first-ever Detroit auto show, Henry Ford said he was working on something that would strike like forked lightning", said Bill Ford, executive chairman of the company that bears his family's name."That was the Model T".
"The Mach-E is our step into the future, without ignoring history", Gueler said.
Much like the petrol-powered Mustang sportscar, the Mach-E uses a reworked version of the iconic pony badge to strengthen the links between the two cars and to "communicate the new-ness of this". It's fast. It's fun.
The Mach E comes with a starting price of $43,895 and is offered in a number of configurations.


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BY TOM JACKSON
Moroccan B2B e-commerce startup WaystoCap, a Y Combinator graduate, pivoted last year from a cross-border marketplace to focusing more locally instead, and says it has seen strong uptake since.
WaystoCap allows African businesses to buy and sell products, helping them to discover products, verify them, obtain financing and insurance, manage their shipments, and ensure payments security.
In 2017, the startup was a participant in the Y Combinator accelerator and raised a funding round, but since then it has adapted its approach.
“After graduating from Y Combinator in 2017 at WaystoCap we were focused on an African cross-border marketplace. In 2020 we pivoted our model, moving from a focus on cross-border to local marketplaces in Morocco, Ivory Coast, and Togo focused on retailers,” Niama El Bassunie, the startup’s chief executive officer (CEO), told Disrupt Africa.
“The reason for the pivot was as a result of many iterations where we came to the conclusion that the pure cross-border marketplace that we launched in 2017 was not best for servicing the small and medium sized business needs in Africa, and was rather just working through more middlemen.”
WaystoCap realised that the best way to enable these businesses and help them with their growth was by focusing on the tools that would allow them to do so through an online marketplace connecting them with brands, manufacturers and suppliers, and resolving their daily procurement needs.
The new platform includes an online marketplace with access to thousands of products, a digital inventory management solution, access to working capital leveraging historical data, and solutions for resolving daily procurement hassles and associated logistics.
Once WaystoCap started piloting the model, it caught on quickly.
“In less than a year it’s grown significantly into a network of over 10,000 retailers with thousands of products available through one mobile application,” El Bassunie said. “Our marketplace has been a game changer for them as we turn these traditional retailers into modern superstores.”
It is also extending the reach of sellers into new markets, which allowed WaystoCap to grow by a multiple of 30 in 2020. This rapid growth is continuing in 2021.
“Just as B2C was digitised in the last two decades, now we are bringing technology to an archaic and disorganised industry, working with millions of retailers all over the continent to leapfrog the way things are done today, and bring the clarity and empowerment technology can offer,” said El Bassunie.


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Tarjama has been named runner-up of the 11th Process Innovation Challenge (PIC) 2021, a global-scale event giving stage for companies to pitch their unique and innovative solutions to today’s problems in localization. Nour Hussein, Tarjama’s Chief Growth Officer, represented Tarjama at PIC where he pitched Tarjama’s innovation: “Developing industry-focused localization for eCommerce in MENA”.
“For us, translating to Arabic is like translating into ‘European’. Arabic has more than 22 different dialects and with the rise of COVID-19, the need for e-commerce localization drastically accelerated,” Nour explained. “So, we rebuilt our process and technology to address the needs of our e-commerce clients in the MENA region.”
“Innovation is one of the core values we have at Tarjama and we’re always on the lookout for ways to create new solutions for existing and novel problems,” said Nour Al Hassan, CEO of Tarjama, “We’re very proud to be ranked as runner-up in this global renowned competition for one of our most recent innovations”.
At the PIC, Tarjama took the platform to showcase its innovative e-commerce techniques geared to address the unique obstacles of the MENA Arabic-speaking world. Nour gave clear insights into the different nuances required to succeed with e-commerce applications markets and showed how Tarjama was able to achieve real tangible success for its customers.
Tarjama was one of 8 innovators selected to enter the initial PIC preliminary round out of hundreds of others. At the PIC final round, there were a total of 5 innovators including XTM International, VMware, and KantanAI competing in front of a panel of judges and the LocWorldWide audience.
The first winner was Jim Nolan from KantanAI who pitched his innovation “Self-regulated translation community “, explaining how the power of a self-regulating community can streamline the MT and post editing processes.
For more info : PIC Finals


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New York – The Department of Justice (DOJ) isn’t happy with technology giant Apple Inc. (NYSE:AAPL) after the company refused to access the data on an iOS device currently taking part in an investigation. However the DOJ has dismissed Apple’s argument due to a lack of evidence by its part.
While intending to execute a search warrant on a suspect indicted for possession of methamphetamine, the U.S. government has asked Apple to unlock an iPhone device and allowing access to the information contained in it. But the company has stated that it would be nearly impossible for it to access the data on a passcode-locked iOS device running iOS 8 or later and even if possible it would not feel comfortable doing so as to not tarnish the trust it shares with its customers.
Despite having the “technical ability” to help law enforcement unlock older phones, Apple argues that decrypting a phone in one case would set a precedent that would only burden the company in the future, taxing its resources, employees, software, and equipment.
“This burden increases as the number of government requests increases.” Apple said in a press release.
Lack of evidence
Apple argues that aiding government requests for user data would hurt its reputation to the public due to the level to which sensitivity to digital privacy has risen in the last few years. The company says that this harm to its reputation could have a lasting economic impact.
The DOJ did not doubt before rejecting this argument, again saying Apple provided no concrete evidence to support its claims that reputational concerns constituted an “undue burden” as defined by law.
The arguments from the goverment are about the relationship that Apple has to the phone and the case. They say that Apple designed, manufactured and sold the phone they need to unlock to keep their investigation going, and also they wrote and own the software the company argue to be incapable of accesing. This to show that Apple should do what they ask, given that all this facts prove that apple should have a mechanism to help. This arguments were presented before the U.S Magistrate Judge James Orenstein as reported by Reuters.
15 thoughts on “Apple refuses to unlock iPhone involved in DOJ investigation”
It’s to be hoped that the judge is more intelligent then the author.
“…and also they wrote and own the software the company argue to be incapable of accesing….”
Apple are not saying that they cannot access their software. They are saying that it would be almost impossible for them to access the owner’s data if the DoJ has been unable to obtain the owner’s password.
“The DOJ did not doubt before rejecting this argument, again saying Apple provided no concrete evidence to support its claims that reputational concerns constituted an “undue burden” as defined by law.”
The DoJ should know that the burden of evidence is on them to show that it isn’t. If this resulted in a 1% loss of sales to Apple, that could cost them $400 million a year. Is the DoJ offering to underwrite that cost? The governments pockets are bigger than Apple’s. Have they shown that it would be an undue burden for them to foot the cost of their own dirty work?
“Despite having the “technical ability” to help law enforcement unlock older phones….”
Which part of “…the company has stated that it would be nearly impossible…” didn’t you understand.
Winning the national lottery is nearly impossible. That doesn’t mean that I have the technical ability to do it.
For Apple to break the encryption would take a far more unlikely stroke of luck, or take a very long time and a very large amount of computer time. Would the DoJ be happy with the data after the statute of limitations has expired? It’s that sort of nearly impossible.
In this case, the device is running iOS7, and Apple themselves have confirmed that they can technically do it. However, they’re also coming off various instances of lack of user security (NSA access – pre encryption, and iCloudGate, which is said to be not their fault, but still equates to bad press) and if they can prolong this “secure iPhone” story, they’re only gaining props and credibility (as far as security goes).
I think it’s important to understand that Apple isn’t “fighting the man” here, as their previous reputation, or at least history, is that of cooperation and their official policies have repeatedly expressed their willingness for such.
Going forward they’re still not fighting the man, but essentially giving up their ability do anything about a locked and encrypted phone. That’s not so much standing up for the users (which could obviously be bad folks you don’t want to be supporting), as it is waiving liability and further responsibility of similar action in such cases.. that is until something happens that then creates the bandwagon necessity to have some sort of control of your product in such situations.
Very poorly written article. Someone needs to go back to school and get some basic English classes under their belt. Sentence structure is poor, punctuation missing – readers should have to edit the article to figure out what you meant but weren’t able to write.
good. screw the government
Trying to say that breaking a product that Apple has worked very hard to make secure would not hurt their business economically and reputation wise is absolute insanity. It most certainly would cause an ‘undue burden’ not only in spending the manpower and processor power to crack the encryption, but in shattering the very framework of what the product IS. If the government has the search warrant, let them set 10 computers on brute force for the next 10 years to crack it.
Way to go Apple! If the DOJ wants it unlocked then let them unlock it or have the NSA unlock it. The problem is that Apple very likely can not change the encrypted data back to plain text and that is how it should be for all devices. The government has no right to personal data in the first place and can not make you provide incriminating evidence against yourself. Wake up call here people encrypt everything and have no worries about a lost device or government spying. Again thanks Apple for standing up for your customers privacy.
Yeah, thats the gist of the DOJ’s problem. They want to circumvent the 5th amendment and are pissed that Apple won’t (or IF what they say about no back doors is true, CAN’T) bypass the actual WORKING security. Up until this point, everything had back doors build in (yes, everything… you wouldn’t believe how easy it is to hack some things even without a ‘master key’) and Mr. Snowden exposed all of that. Now more people are actually aware of data security and it’s driving them absolutely nuts. The technicalities behind it are fairly arcane, but it comes down to the old ‘evidence in the safe’ scenario. Say you stash a kilo of heroin in a safe, and only you have the combination. Because of the 5th, you have the right not to divulge the safe’s combination. They can still have a search warrant, and they can FORCE the safe open… but they can not compel you to incriminate yourself by revealing the combination. They simply don’t want to spend the resources to crack the encryption and figure Apple knows a workaround. (Which I’m sure they do. They are waiting for the appropriate time [read:price] when millions have switched to their ‘secure’ devices, OR plan to sell ‘data recovery services’ priced in the 1000’s/hr). It will be interesting to see how this all works out. It is possible to create really secure encryption, but billions have already been spent preventing it from reaching public use.
“Which I’m sure they do…”
You can suspect, but I doubt that you’re right.
It’s far too likely that it would be exposed, and any benefit to them is tiny compared to the potential damage.
Follow the money. The DoD is now willing to use these devices which strongly suggests that they are sure that there isn’t a backdoor.
The more we all encrypt, the more impossible it will become for the government to take that right away or for the NSA to crack it all.
They are making their own life worse by pursuing these cases.
What does the picture have to do with anything?
It’s a methamphetamine investigation DOJ is working on, and Apple is refusing assist.
It’s a (stock?) photo of methamphetamine, the substance the accused has been indicted for.


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Kroger to provide bonus to ‘frontline’ employees; expands COVID-19 leave benefit
The Kroger Company will provide a one-time bonus to every hourly frontline grocery, supply chain, manufacturing and customer service associate.
The nation’s largest supermarket retailer will give a bonus of $300 to every full-time associate and $150 to every part-time associate. The bonus will be paid to frontline associates who were hired on or before March 1, covers the payroll period March 8 - 28, and will be payable on April 3.
"Grocery workers are on the frontlines, ensuring Americans have access to the food and products they need during this unprecedented pandemic," said Rodney McMullen, Kroger's chairman and CEO. "Our associates are working around the clock to keep our stores open for our customers. I am incredibly grateful for all they are doing. The true heroes in this story are our associates, and we want to provide them with additional resources and support to help them continue their remarkable effort."
The company also expanded its COVID-19 emergency leave guidelines to include paid time off for self-isolation and symptoms as verified by an accredited health care professional. This expands new guidelines, announced on March 14, which allows paid time off for associates diagnosed with or placed under quarantine due to COVID-19. In each scenario, all associates will be eligible to receive their standard pay for up to two weeks (14 days).
"We believe that by expanding our emergency leave guidelines, more of our associates can feel certain knowing that if their health is affected by or if they experience symptoms of COVID-19, they will be supported while they stay at home and recover," said Tim Massa, Kroger's senior VP and chief people officer. "We are appreciative of all of our managers who have been working individually with associates in recognition that every associate's situation is personal. We also want to make it easier for associates to follow our guidance to stay home if they feel sick and to do our part to flatten the curve."


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Jason Fung, the former head of TikTok’s gaming unit, announced on July 5 that he was leaving TikTok in order to start Meta0, which is a startup focusing on blockchain-based video games.
Fung stated that he quit TikTok’s “comfortable corporate life” to launch Meta0. Fung, an enterprise tech executive who has worked for large gaming companies, wanted to offer new solutions to game developers.
According to Cryptopotato’s PR, Jason Fung will be responsible for expanding Meta0 to include a whole ecosystem, channel partners and L1/L2 Blockchains that run on Meta0 as Layer-0 protocols. This is very similar to Polkadot’s vision. He will also be responsible for fund raising, partnerships, as well as other strategic decisions.
Meta0: Blockchain Gaming Industry Needs More Interoperability
Fung stated that Meta0 is designed to improve interoperability among existing blockchain networks so developers are not forced to use a limited number of blockchains in order to complete their projects.
“At the moment, any developer who implements NFTs or blockchains in their games must choose one blockchain. It could be Polygon, Solana, Binance Smart Chain, or Polygon. Imagine a more interoperable option.
Fung stated that he left TikTok in another interview to address a major problem in NFT gaming: the lack of a properly accessible blockchain infrastructure.
“I quit TikTok because there was a clear opportunity for me to solve the segregated nature currently available to developers who want to build blockchain games.”
Meta0, like many other startups in cryptocurrency, will raise funds through issuing tokens as well as negotiating with strategic investors and venture capitalists. When you think of Web3 developments, Binance, Animoca Brands and Kardia Ventures come to mind.
Blockchain games still have a lot of growth potential
Despite the fact that blockchain games have seen a decline in interest due to the collapse in the crypto market, there is still a large community of people who are eager to find new projects or see a rise in cryptocurrency prices so they can invest in their favorite games again.
It is important to note that the larger gaming industry is much bigger than the niche crypto gaming sector. However, NFT and crypto games have exploded in 2021 and the crypto gaming market had registered more than $2.5 billion in Q1 2022.
Play-to-earn, such as Axie Infinity and CryptoBlades, Plant vs. Undead and Mir4, became very popular and quickly –even becoming the primary source for income for many families from countries like Argentina, Venezuela, and Philipines.
Crypto games have attracted money not only from large institutional players, but also increased their acceptance by retail users around the world. The boom in crypto games, decentralized applications, and Metamask saw significant increases in new accounts.
Marla Brooks – Financial Analysis
My name is Marla Brooks, and I am the mainstream behind the”observednews.com” for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.


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Bitfxt Joins Celo Alliance for Prosperity
Bitfxt, the leading indegenous marketplace for trading cryptocurrencies, announced on Friday that it has joined the Celo Foundation Alliance for Prosperity, which is a mission-aligned network of world organizations fostering social impact and financial inclusion through the use of blockchain technology. Celo is a distributed ledger technology, or DLT, based decentralized application and stablecoin platform launched by the Celo Foundation in March 2020. Since its inception, Celo has attracted nearly 80 firms to its alliance.
Bitfxt reported that becoming an Alliance Member, it will join forces with other leading technology providers, payment processors, nonprofits, and global investment firms to build user-friendly fintech solutions on the Celo open blockchain platform. Speaking about the Alliance, Franklin Peters, CEO and Founder of Bitfxt Technology stated that its purpose is to provide a global platform where anyone with a smartphone can freely access digital currencies easily and safely without hassle.
“At Bitfxt Technology, we build based on popular demand and on popular opinion. Joining the Celo Prosperity Alliance is a big step towards achieving our goal of empowering Nigerians through our services. It’s now easy to connect people from all works of life using decentralized applications such as ours.”
Franklin Peters added, “The Celo Alliance for Prosperity is committed to bringing together an ecosystem of diverse organizations, who will take action to solve real-world problems through collaboration using Blockchain technology. We are happy to be a part of an admirable global mission and look forward to seeing the innovative financial solutions members of the Alliance are creating in response to major global challenges.”
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Halo Infinite will be devoid of a battle royale mode when it eventually launches, according to a prominent Halo leaker.
Taking to their personal Twitter account, Xbox leaker Klobrille alleged that the sixth mainline installment in the franchise won’t come packaged with such a game type. Ordinarily, these kinds of rumors should be taken with a pinch of salt. However, Klobrille was the individual who correctly leaked other information about Halo Infinite, such as the grapple hook accessory, before its official announcement at the July 2020 Xbox Games Showcase.
Klobrille initially posted the information on Twitter, but has since deleted the relevant tweet. Users were able to screengrab the tweet before it was removed, though. Klobrille stated that Forge has been “massively expanded” in Halo Infinite, and that players could create a battle royale game type using the mode’s customization options.
The latest rumor comes a month after 343 Industries discredited speculation that the sci-fi FPS title would include a battle royale game mode. Brian Jarrard, 343’s community director, said that the rumors were “unfounded,” which lends credibility to Klobrille’s latest offering.
Klobrille had other interesting news for fans who have been starved of development updates since the game’s world premiere last summer. The leaker stated that Big Team Battle had received a sizable upgrade from previous entries in the series. Dubbing it Big Team Battle 2.0, Klobrille suggested that Pelican drops, squad spawning, more realistic vehicular combat, and more surprises would be coming to the game mode.
Halo Infinite was initially supposed to be a launch title for Xbox Series X, but its release was shelved until 2021 following criticism of its graphics. No official launch date has since been confirmed by 343 or Microsoft.


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Leyden Energy raises $20M, led by NEA
- Staff Silicon Valley Business Journal
Leyden Energy Inc. said Wednesday it raised $20 million in Series B funding.
The Fremont-based company makes advanced lithium-ion batteries for the consumer electronics, energy storage and electric vehicle markets. Its CEO is Aakar Patel.
The funding round was led by Menlo Park-based New Enterprise Associates and included participation from existing investors Lightspeed Venture Partners and Sigma Partners, which both have Menlo Park offices, and Palo Alto-based Walden International. NEA’s Ron Bernal is expected to join Leyden Energy's board of directors.
The company plans to use the funding "to expand production of its full suite of next-generation li-ion batteries, increase company staff and fund its future development of advanced battery technologies. The financing round comes only six weeks after the company announced that it hit key customer milestones and officially launched its three-year battery product portfolio," according to a prepared statement.
The company is also planning to use the funds to expand its sales and add manufacturing. The company has pilot manufacturing at its Fremont headquarters.
Click here to read more about the company's funding announcement.
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Can the NSX rise from the grave?
Honda is an efficient company. It likes to get the most out of its investments, and that’s what kept us hopeful when we first heard the news of the cancelation of the Acura NSX. Dick Colliver, executive VP for American Honda Motor Co., recently helped emphasize our hopes. According to him the NSX could be revived at any time, and even more "development is mostly done." We already knew this but its good to know that people inside Honda are ready to dust off the NSX project when the world’s economy recovers.
But Colliver isn’t completely convinced NSX-like luxury/performance is needed to make Acura a Tier 1 luxury brand - the area of rare air that is currently occupied by the likes of BMW, Mercedes, Audi, Lexus, etc. Colliver told Automotive News, "Being a premium luxury brand is not just about product. It’s the way dealers handle customers. You’ve got to earn your way into the segment. You don’t necessarily have to have a $90,000 sedan to get there."
What is even worse is that if Honda does finally come around and bring the NSX back from the dead, will new regulations make its 550+ hp V10 illegal?
Source: Automotive News


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Apple's rumored plan to buy Israeli storage maker Anobit would make perfect sense.
CUPERTINO, Calif. (TheStreet) -- Apple's(:AAPL) rumored plan to buy Israeli storage maker Anobit would make perfect sense, boosting its Flash credentials and extending control of its supplier ecosystem.
Israeli Web site Calcalist reports that Apple is in "advanced discussions" to buy Anobit for between $400 million and $500 million, according to Reuters, which notes Anobit's chip technology already features on the iPhone, iPad and MacBook Air.
Tim Cook, Apple's CEO
Neither Apple not Anobit has yet responded to TheStreet's request for comment on this story, although experts say that a deal would be good news for the iPhone maker. ISI Group analyst Brian Marshall, for example, says that Anobit's key asset is its embedded flash controller technology, which competes against Marvell(:MRVL) and LSI(:LSI).
"If true, this deal would make strategic sense to us considering Apple's philosophy of vertical integration and current use of Anobit's technology," explained Marshall, pointing to the company's $278 million acquisition of P.A. Semi in 2008.
Anobit, which counts Korean giant Samsung as a customer, touts its Memory Signal Processing (MSP) technology as a way to boost the performance of Flash storage. In August, Anobit announced that it had already shipped more than 20 million of the chips in 2011.
"Anobit may provide meaningful long-term competitive advantages," explained Mike Abramsky, an analyst at RBC Capital Markets, in a note released on Monday. "Apple likely sees flash memory performance and speed as crucial to user experience in the post-PC era."
With Apple expected to launch its iPhone 5 and iPad 3 during the coming year, the company may indeed be looking to boost its storage story via Anobit's chips.
By owning key component suppliers, Apple also can exert a greater degree of control over its supply chain. This, in turn, reduces the risk that new versions of gadgets such as the iPhone will be impacted by supply constraints.
Famed for his supply chain expertise, there has already been speculation that new Apple CEO Tim Cook will make the company's supplier ecosystem a priority. Cook also has hinted that he may carve off some of Apple's vast $81.6 billion for acquisitions.
Apple's stock was down $3.03, or 0.77%, at $388.81 on Tuesday.
-- Written by James Rogers in New York
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The iPhone 13 series is expected to arrive in just over a month’s time, and if rumours are true then Apple fans have plenty to look forward to in the next generation of iOS smartphones.
We take a look at what you may see when the iPhone 13 arrives, hopefully, within the coming months.
WWDC 2021 – Apple’s annual developer conference – kicked off with our first look at iOS 15; the software that the next iPhones will ship with. Read our full guide to everything you need to know about iOS 15 for more on the new software tricks the iPhone 13 will launch with.
iPhone 13 in summary
- Due for release in September 2021
- Priced similarly to current iPhone 12 range
- Upgraded 120Hz ProMotion display likely
- Improved camera optics and new shooting modes
- Smaller Face ID Notch
When will the iPhone 13 be released?
Apple’s release cycle for the iPhone is predictable, albeit with the global pandemic disrupting things in 2020. Usually, the new models are announced at the beginning of September and then become available a week or so later.
In the past few years though, there have been a few devices that have been announced in September but appeared slightly later, with the iPhone XR coming in October 2018, while the iPhone X arrived in November 2017.
Due to the problems caused by COVID-19, we also saw the iPhone 12 delayed until October, but if things return to some semblance of normality, then we would expect the traditional September release for the iPhone 13 in 2021.
That’s backed up by a prediction by the ever-accurate Ming-Chi Kuo, who told investors that Apple is due to revert to the traditional September launch with the iPhone 13 in 2021. Wedbush analyst Dan Ives agrees, going even further to suggest it’ll make an appearance on the third week of September 2021.
Given the fact that Apple tends to host iPhone events on Tuesday, that’d mean Apple is due to launch the iPhone 13 on 14 September 2021. That’s in line with previous September iPhone launches, with the iPhone 11 launch taking place on 13 September 2019, and the iPhone XS range appeared on 12 September 2018.
The Elec has added weight to that prediction, reporting in early June that production has already begun on the phones’ display panels by Samsung and LG. That’s a month ahead of the equivalent schedule last year, suggesting Apple is back on track for a September debut.
As reported by French iPhone fan site Consomac, previously unseen iPhone models have also passed through the EEC (the Eurasian Economic Commission, which covers Armenia, Kyrgyzstan, Belarus, Kazakhstan and Russia).
Seven models (A2628, A2630, A2634, A2635, A2640, A2643 and A2645), thought not to be discreet models but include different storage capacities of the same few variants, are listed; reinforcing the notion that this generation is on track for a September launch.
Bloomberg suggests Apple has plans to manufacture as many as 90 million new iPhones, a 20% bump compared to the iPhone 12, while Chinese news site cnbeta suggests Apple has ordered over 100 million A15 chipsets to use in upcoming products. The caveat with the latter is that the A15 is also expected in the iPad Mini 6 later this year, so they’re not exclusively for the upcoming iPhone range.
That being said, don’t expect all 90 million units to be ready by the time the iPhone 13 is announced; according to none other than Apple’s chief financial officer Luca Maestri, the company expects “supply constraints during the September quarter to be greater than what we experienced during the June quarter”.
This is apparently due to component shortages affecting much of the tech industry, with Maestri explaining that “[Apple has] some shortages where demand is so great and beyond our own expectations that it is difficult to get our entire set of parts within the lead times where we try to get those.”
How much will the iPhone 13 cost?
Prices for the standard iPhone have been going up and down with recent releases, as you can see from this list;
- iPhone X: £999/$999
- iPhone XS: £999/$999
- iPhone 11: £729/$699
- iPhone 12: £799/$799
The arrival of the iPhone 11, with the sudden price drop, is more easily understood when you take into account that it coincided with the release of the iPhone Pro range. Why the iPhone 12 saw an increase by £70/$100 is less clear, but it does mean that the current Apple smartphone range now has a very regimented feel, with options at most price points. Here’s how the iPhone catalogue breaks down;
- iPhone 12 Pro Max – £1,099/$1,099
- iPhone 12 Pro – £999/$999
- iPhone 12 – £799/$799
- iPhone 12 Mini – £699/$699
- iPhone 11 – £599/$599
- iPhone XR – £499/$499
- iPhone SE – £399/$399
As you can see, the iPhone 12 sits just above the middle, £100/$100 more than the new iPhone 12 mini but £200/$200 less than the iPhone 12 Pro. The lower end of the list is made up of previous iPhones that have been kept around to offer buyers the chance to enter the world of iOS without spending around £700/$700.
With this model in place, we think there’s a good chance that Apple will replace devices like-for-like when it updates the line in 2021. So, the iPhone 13 is likely to cost £799/$799, with Mini and Pro varieties on either side.
That’s backed up by predictions from market research company TrendForce too, suggesting in a June 2021 report that “retail prices are expected to remain on par with last year’s release”.
What new features will Apple bring to the iPhone 13?
- Smaller Face ID notch
- Improved cameras across the range
- 120Hz refresh rate on Pro models
- Faster processor
- Increased storage, up to 1TB
- In-display Touch ID now unlikely
Obviously, with it still being many months until the iPhone 13 is unveiled, there isn’t much in the way of confirmed news about features or specs. That hasn’t stopped the rumour mill from going into overload though, with various leaks and prognostication about what Apple has in store. Here’s what’s been said so far.
A thicker design
While it’s more than likely that the iPhone 13 range will look similar to that of the iPhone 12, rumours suggest it could be a little thicker this time around. Why? It could be partly down to the camera module – according to leaked documents shared by MacRumours.
According to schematics seen by MacRumours, the iPhone 13 Pro camera bump extends to 3.65mm, up by 1.7mm compared to the previous generation. It’s not exclusive to the Pro model either; the iPhone 13 camera bump allegedly protrudes by an extra 1.01mm, taking it to 2.51mm.
However, renders of what LeaksApplePro claims is the ‘finalised’ iPhone 13 Pro showcase a reduction in the overall camera bump, and the leaker is confident of its’ legitimacy.
Say hi to your first look at the finalized version of the iPhone 13 Pro.
Thanks again to @ld_vova for the amazing work he has done with this.
(Note that some things could be changed during mass production as what happened with AirPods Max, but that isn’t likely). pic.twitter.com/WMl9fIbTNm
— LeaksApplePro (@LeaksApplePro)
May 21, 2021
That also seems to be the case with an image shared by leaker Sonny Dickson allegedly depicting dummy models of the entire iPhone 13 range, also confirming the rearranged camera module detailed below.
iPhone 13 and 13 Pro dummies. All 4 sizes still in the running. Camera module placement changed on the regular 13s. Pro Max looks slightly larger pic.twitter.com/RqxNiOfBnb
— Sonny Dickson (@SonnyDickson)
June 23, 2021
Separately, Mac Otakara suggests that the overall thickness of the range will increase by around 0.26mm, and that the new models could be heavier than their predecessors due to larger batteries.
A smaller Face ID notch
Since the launch of the iPhone X, the notch at the top of the screen that houses the Face ID cameras has been something of a Marmite issue. Some like it, others have just grown used to it, while a further group actively hate it.
Now, it does seem unlikely to disappear in the iPhone 13, but a rumour from Ice Universe suggests that the notch will be slimmed down so that it protrudes less into the display.
iPhone13 still continues the notch design, but notch is shorter.
— Ice universe (@UniverseIce)
October 7, 2020
That’s backed up by the ever-reliable MacOtakara, also reporting that the iPhone 13 will feature a smaller notch thanks to the shrinking of the TrueDepth camera system.
LeaksApplePro has shared renders of what’s claimed to be the ‘finalised’ iPhone 13 Pro, seemingly confirming the reduced notch.
The notch has been heavily reduced. pic.twitter.com/kREsbNTJFr
— LeaksApplePro (@LeaksApplePro)
May 21, 2021
Bloomberg’s Mark Gurman and Ming-Chi Kuo also believe that the notch will shrink on the iPhone 13, with Kuo going as far as to suggest Apple will move a holepunch-esque setup with certain iPhone 14 models expected in 2022.
However, a competing tweet from reliable tipster @MauriQHD suggests that an upcoming iPhone could ditch the notch altogether, albeit at a cost of slightly thicker bezels.
The tipster was upfront in stating that it’s unclear whether it’ll come to the iPhone 13 or iPhone 14, and given the sheer number of rumours detailing a smaller notch, it’s likely that this display change is still some time away.
120Hz refresh rate
Regardless of the notch, the display itself is expected to see significant upgrades, with lots of expectation that the iPhone 13 will move up to a 90Hz or 120Hz refresh rate that would allow ProMotion scrolling and catch the Apple smartphones up with the majority of Android flagships.
There’s also the chance that the new model with benefit from switching to Low-Temperature Polycrystalline Oxide (LTPO) panels, as found on the Apple Watch. These would bring increased energy efficiency over the current OLED panels, which in turn could add a chunk of time to battery life.
That’s backed up by a report from The Elec, claiming that both the iPhone 13 Pro and 13 Pro Max will sport 120Hz refresh rates, and even goes a step further, reiterating previous rumours that the two Pro models will use LTPO OLED display tech. A later report reiterates the claim, suggesting that the panels will be made exclusively by the Samsung Display division, while LG will provide simpler LTPS OLED panels for the 13 and 13 Mini.
Max Weinbach, via the EverythingApplePro YouTube channel, also claims that 120Hz LTPO displays are coming, but that’s not all – the leaker also suggests always-on display tech is on the way.
The feature, exclusive to the 120Hz LTPO display, is said to mimic your lock screen, with your clock and battery icon constantly visible, and notifications appearing temporarily on-screen.
As well as generally being more battery efficient, the LTPO tech allows the display to automatically adjust the refresh rate without any additional hardware. As the iPhone 13 and 13 Mini are rumoured to use existing LTPS tech, they’ll likely be capped at 60Hz.
The inclusion of always-on display tech was backed up by Bloomberg’s Mark Gurman months later, although he doesn’t specify which models are likely to get the tech.
Improved camera setup
When it comes to the camera setup, rumours suggest that small – but significant – changes are in store.
Mac Otakara suggests that the rear camera setup of the entire iPhone 13 range will be covered in sapphire glass, and that the iPhone 13 Pro will sport the same camera module as the 13 Pro Max, complete with sensor-shifted OIS.
DigitTimes Asia claims that Apple has increased VCM orders far beyond what’s usually expected – a component that could be used in the sensor-shift OIS system – suggesting the feature could indeed be coming to more models of iPhone 13.
That’s not the only change though; the EverythingApplePro report claims that the ultra-wide camera is due to get an upgrade across the entire iPhone 13 range, with improved low-light performance.
It’s also been predicted that every phone in the iPhone 13 will include LiDAR tech on the rear cameras. Wedbush analyst Daniel Ives made the claim in an investors note seen by MacRumors in early June, though it’s worth noting that Ming-Chi Kuo, TrendForce and leaker @Dylandkt all disagree with the notion, asserting that LiDAR would remain limited to the iPhone 13 Pro models.
Leaker @dylandkt goes into a little more detail, suggesting Apple originally wanted to ship the sensor across the entire iPhone 13 range before backtracking. That would explain the Wedbush predictions and other claims suggesting LiDAR would come to the entire range.
Despite multiple sources disagreeing with the notion, the Wedbush analyst doubled down on the prediction in late July, again suggesting LiDAR will be a feature of the entire range.
There’s also said to be the introduction of an automatic astrophotography mode, and a portrait video mode too.
Bloomberg’s Mark Gurman also suggests a portrait video mode is in the works, along with “a new ProRes video-recording feature [that] will let iPhone users capture clips in a higher-quality format that gives editors more control during post-production” Gurman explains in the August 2021 report.
He also details another feature that’ll “let users better control the look of colors and highlights in their pictures” that’ll let users, among other things, make colour warmer or cooler without affecting whites.
Indian tech blog MySmartPrice shared 3D renders of what it claims is the standard model of iPhone 13, detailing a familiar design with a notable change to the rear camera layout.
The render depicts a diagonally arranged rear-facing camera setup, and while it’s not clear why this is the case, it could be to facilitate the new sensor-shifted OIS detailed above – the size of the camera unit does seem to match up with that of the iPhone 12 Pro Max, after all.
In turn, the Pro and Pro Max camera modules might be getting even bigger in their own right. That’s what’s implied by a Weibo user who shared images of an iPhone 12 Pro in what they claim is a case designed for the iPhone 13 Pro. The phone seems to fit the case fine, but the cut-out for the camera is clearly far too large, suggesting that the new phone will have a much larger camera unit.
Of course, this might be an early case made to incorrect dimensions, so we shouldn’t take it as a guarantee of anything – but it does seem likely that all of Apple’s new camera tech will bulk the back module up.
Processor & storage
It’s a pretty safe call to say that the iPhone 13 will arrive with the latest version of Apple’s own A-series processors. Just as the iPhone 11 sported an A13 Bionic and the iPhone 12 arrived with the A14 Bionic, it’s a good bet that the iPhone 13 will come with a new A15 Bionic.
How this will improve things is still to be determined, but expect performance boosts and better energy management with the updated silicon.
One interesting tweet that appeared in October 2020 from tipster Jon Prosser is that the iPhone 13 will offer a 1TB storage tier.
hope y’all are ready for 1TB iphones
— Jon Prosser (@jon_prosser)
October 28, 2020
This would double the maximum currently available on the iPhone Pro lineup and quadruple that of the iPhone 12 standard model.
More recent rumblings, this time from Wedbush analyst Daniel Ives, also claim that the next-gen iPhone will offer a 1TB storage option, lending more credibility to the rumour, although market research firm TrendForce disagrees, suggesting it’ll stick with its current storage options for another year.
The storage options for the iPhone have remained the same since the release of the iPhone XS back in 2018, and Samsung started offering a 1TB option back with the Galaxy S10, so it’d be a good time for Apple to refresh its offering to reflect the higher quality videos and larger apps we’ve got on our phones in 2021.
The return of Touch ID
This one has been rumoured for quite some time, with some suggestion that it’d be a feature of the iPhone 12, but as we now know, that wasn’t the case.
The initial suggestion, via Bloomberg, is that Apple is planning on bringing Touch ID back to the iPhone – it remains a staple on Mac and cheaper iPhones after all – but with a significant change: it’ll be built into the display this time around.
Now, this isn’t a new concept. Android smartphones have featured in-display fingerprint scanner tech for quite some time, and while it was initially a bit hit-and-miss, recent implementations show that it can be just as reliable as a side-mounted scanner. However, it’s not something Apple has dabbled in – until this point.
The reintroduction of the tech makes sense given our need to wear facemasks in our daily lives, rendering Apple’s high-end Face ID tech essentially useless. A combination of Face- and Touch ID would give users the best of both worlds and speed up the unlock process when out and about.
The rumour was backed up weeks later by a separate report from the Wall Street Journal. According to former Apple employees that spoke to the publication, Apple is looking at incorporating Touch ID into the display of an upcoming iPhone, although the source wasn’t sure that it’d be available on the iPhone 13.
However, a more recent report from Bloomberg suggests that Touch ID has been scrapped. In the July 2021 report, Mark Gurman suggests that Apple has decided against including Touch ID in this year’s iPhone range.
“The company has tested an in-display fingerprint scanner for this year’s devices, however that feature will likely not appear on this generation [of iPhones]” Gurman explains in the article. This would explain why Bloomberg and others initially thought Touch ID was making a comeback.
Though a disappointment to those looking forward to this year’s iPhone, the good news is that the ever-accurate Ming-Chi Kuo has suggested that Touch ID will make an appearance on the 2022 iPhone, unofficially dubbed iPhone 14.
One unexpected rumour is that Apple is planning to expand the use of mmWave 5G technology on the next generation of iPhones.
In the iPhone 12 series, only US models include mmWave support, while models elsewhere are limited to Sub-6GHz frequencies – which are far more widely supported by non-US networks.
However a DigiTimes Asia report claims that more than 50% of iPhone 13 models will include a mmWave modem. Given mmWave availability this will mostly help with future-proofing, making sure that more iPhone 13s will continue to support the faster 5G standard when it’s more widespread worldwide a few years from now.
Bigger batteries & faster charging
One welcome change is that the next generation of iPhone is tipped to include bigger batteries than ever before – in part to compensate for all the extra tech, especially the high-power 120Hz displays.
Reliable tipster L0vetodream made the prediction, claiming that the regular 13 and 13 Pro will both use 3095mAh cells (up from 2815mAh), the 13 Mini will offer 2406mAh (up from 2227mAh), and finally the 13 Pro Max will include a 4352mAh battery (up from 3687mAh).
Those capacities were backed up weeks later by a ZDNet report, lending more credibility to the rumour.
Apple itself never publicly shares specific battery capacities for the iPhones, and tends to try to keep battery life consistent year on year. So don’t expect this to mean a huge jump in battery life – instead it’s more likely that these larger batteries will help the phones keep up with the 12 series while delivering extra oomph.
Charging may also be improved ever so slightly. Speaking to EverythingApplePro, leaker Max Weinbach claimed that the wireless charging coils inside the iPhone 13 phones will be slightly larger than in the iPhone 12 series.
That potentially means faster wireless charging speeds – up from the 15W limit of the iPhone 12. It could even mean the introduction of reverse wireless charging, which would allow you to wirelessly charge AirPods or other similar products from your iPhone. This is still just speculation, but there’s at least a chance of it.
Wireless charging aside, a report from MyDrivers suggests the iPhone 13 range could support up to 25W fast charging on the wired front. Of course, with Apple’s decision to stop shipping charging bricks with the iPhone 12, it’s highly likely that the 25W fast chargers won’t come in the box, so you’ll have to pick one up separately to take advantage. Either way, it’ll help charge those larger batteries a little quicker than currently possible.
New colour options
The iPhone 13 Pro line could sport a new matte black colour option that’s allegedly much darker than the existing Graphite and Space Grey colour options present on some Apple devices – according to Filip Koroy, anyway.
The YouTuber posted a video in collaboration with leaker Max Weinbach with what he described as “new and exclusive iPhone 13 Pro leaks”. Per the video, the new matte black colour option will be close to HEX colour code 121212, and it’ll be available on both the iPhone 13 Pro and 13 Pro Max, but not the standard range.
While unconfirmed for now, a matte black colour option would mark the first time Apple has dabbled in matte finishes on its iPhone range. It’d likely allow the iPhone 13 Pro models to better compete with the likes of the Phantom Black Samsung Galaxy S21 Ultra, and let’s be honest, it’d look gorgeous with the iPhone’s industrial design wouldn’t it?
Separately, leaker Lanzuk, posting on Naver, claims that the iPhone 13 Pro models will also be available in not only black but silver, rose gold and sunset gold too. The leaker suggests that the sunset gold shade has a striking bronze look, while the rose gold variant looks pale in comparison.
Apple to ditch all ports on the iPhone
One of the stranger rumours that’s gathering momentum is that Apple will remove the Lightning port, but rather than move to USB-C like on the MacBook and iPad Pros, it will simply have no ports at all. This would mean all charging is wireless and connecting your iPhone to another device or peripheral will have to be done by Bluetooth, Wi-Fi or witchcraft.
Jon Prosser and fellow tipster Fudge (so many of them have fun names) have already agreed publicly on this idea, and Bloomberg also claims Apple has discussed the idea internally.
With Apple’s history of removing popular ports while simultaneously releasing very expensive wireless accessories, we can see it happening, although maybe not with the next iteration of iPhone.
We discussed the likelihood of an iPhone 13 Mini after whispers about the iPhone 12 Mini production ending earlier than expected in a recent episode of our weekly podcast Fast Charge. Check out what we had to say on the matter below:
Keep checking back to see what rumours appear, but in the meantime read our iPhone buying guide and best iPhone 12 & 12 Pro deals.
Related stories for further reading


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$2,000 Stimulus Checks Would be a Mistake: Summers
Dec. 25 - Former US Treasury Secretary Lawrence H. Summers, a Wall Street Week employee and campaign advisor to Pres-elect Biden, says increasing the direct stimulus payments to $ 2,000 could temporarily overheat the economy as it does would not contribute to consumer spending in the sectors that need it. He joins David Westin on Bloomberg Wall Street Week.
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PHUKET: In the latest bid to maintain Thailand’s position as the world’s leading exporter of canned tuna, officials launched the country’s newest deep sea tuna fishing vessel in a ceremony last Friday at Ao Makham. Pongphon Adireksarn, Minister of Agriculture and Cooperatives, along with representatives of the Thai Deep Sea Tuna Fishing Cooperative, was on hand to christen the 61-meter-long Mookmanee. The 1,000-ton vessel will be used by the private cooperative to haul in an estimated 4,500 to 5,000 tons of tuna a year for shipment to processing plants in Bangkok. The Mookmanee was built in Japan at a cost of 130 million baht. It will ply the Indian Ocean and return to Phuket’s deep sea port to unload its catch. The vessel boasts a cold storage capacity of 680 tons of fish. During the ceremony, the Agriculture Minister noted that processed tuna represents a 20 billion baht export industry for Thailand and that the cooperative’s new boat will play a leading role in supplying fish for canneries that ship product to Asian and Western countries.
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Amazon yesterday announced that it has launched it’s newest arm – Amazon Now app. Through this app you will be able to search through more than 6,000 grocery items from the leading retailers, such as Big Bazaar, Reliance Fresh, Food World, etc. and order them from the convenience of your home.
Amazon Now as of now will be available only in Bangalore and will expand later to other cities. To use this app, customer will have to enter their PIN Code and if that area is currently covered under their service, they will be able to order the groceries from Google Now. We have got to know that currently only 74 PIN Codes are being served.
Amazon Now is the first big player to invest in the Hyper-local delivery service. And, with it’s size and it’s distribution network, Amazon Now can be a threat to many other delivery services, such as Grofers, Big Basket, etc.
“We are encouraged by the learnings from Kirana Now – a pilot that we started last year in Bangalore to enable customers to shop for their everyday essentials from the ecosystem of their local stores and get them delivered within two-four hours. We are excited to expand that service to include more selection, more pin codes and invite other branded retailers, with the launch of a dedicated Android app Amazon Now. Customers can now choose more than 6000 products from the ecosystem of kiranas and other favorite local stores and get these delivered using Express –in two hours or Scheduled deliveries. Amazon Now customers in Bangalore will love this service and our launch promotion will delight them further,” said Samir Kumar, Vice President Category Management, Amazon India.
Amazon Now is offering to delivery modes – Express Delivery and Scheduled Delivery. In Express Delivery, the customers can get their orders delivered within 2 hours but will have to pay extra for the delivery. For orders below 250, there will be a delivery charge of Rs. 29 for Scheduled Delivery and Rs. 49 for Express Delivery. And, order above Rs. 250 will be delivered without any delivery charges.
According to Amazon, customers shopping on the Amazon Now app will be able to search, discover and choose from a wide selection of products- across categories including snacks, beverages, cooking staples, beauty, personal care and household basics. They can get a range of products from eggs, breads, juices, soft drinks, chocolates, jams, exotic teas, biscuits to shampoo, toothpastes, soaps , diapers and more from hundreds of Indian and international brands.
Here is the Amazon Now video advertisement:


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Despite what it may look like, CupsOver is not a partying service for college students, says the company’s young founder.
Yes, the company does door-to-door delivery of red cups, ping-pong balls and fold-out tables — the three pillars of beer pong, the popular college drinking game.
And yes, up until recently it offered a “party package” for University of Wisconsin-Madison students who want cups and ping-pong balls in multiple bulk deliveries for $150.
But the 20-year-old Jack Weiss said CupsOver, which also delivers products like plastic cutlery and clorox wipes, is “a college campus company,” not a “drinking company.”
“When I think of a red cup, it just reminds me of college,” he said. “Not the partying and drinking aspect.”
Weiss is a junior studying business at the UW-Madison. He said he launched CupsOver in 2016 after he was inspired by what he heard from a professor about entrepreneurship.
"He put things simply: Find a problem, find a solution,” said Weiss. “I found a problem, I saw it every day — I was always out of cups.”
Weiss started his venture as a delivery service exclusively for red plastic cups. He would buy them in bulk from CostCo and clients who would see the flyers he plastered around campus could send him a request for on-demand delivery.
A year later, the business model has changed. Weiss now offers 11 disposable products, along with tables that customers can rent, to customers who subscribe to regular deliveries or who request on-demand service. Instead of generic cups from CostCo, he now offers cups he’s designed himself, emblazoned with the company’s logo and sponsorships from UW-centric brands like Sconnie. Those cups are on sale at locations like the Triangle Market on State Street.
Weiss said he’s aware that his company has a reputation as a drinking-oriented enterprise. He said he’s taking steps to change that. He’s thinking of adding anti-drinking disclaimers on his cups. He has also tweaked the language on his website, eliminating things like the “party package” and descriptions of the tables as “pong tables.”
“Those tables I want to be for people to eat their dinner on, not for people to play pong with,” he said.
Weiss added that students use his products for drinking far less than others might think. Red cups, he said, are a versatile good that many students turn to when they’re out of cups on a school night.
Weiss said his company helps students pursue their passions and dreams by freeing up their time. Instead of running to the store for toilet paper, they can practice music or sports, or maybe focus on homework.
Other major tech companies — namely, Amazon — also let consumers sign up for regular disposable good deliveries. Weiss said that his business will be like a “collegiate Amazon.” His platform will focus strictly on what a college student needs, making it simpler to order in-demand items. Plus, his offerings are cheaper than Amazon’s goods, he said.
CupsOver has become well-known around campus thanks to a robust marketing campaign through social media, flyers, and tables. Weiss and the three other employees of the company often set up a table on State Street, laden with company swag.
Weiss said he wouldn’t reveal his income or how many subscribers he has — his primary investor, his father, had advised against it. However, he said that the company has been rapidly growing. He already has an plan to expand to 10 more campuses in the near future. In 10 years, he wants CupsOver to be at every college campus in the country.
“I just love creating things and having an entrepreneurial mindset. I want to put something out there and change this world,” he said.


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BlackBerry warned us it had something odd coming, and this is it: the unusually proportioned BlackBerry Passport. Snuck into BlackBerry’s latest financial results presentation – where the company announced a smaller-than-expected loss for the most recent quarter – the Passport has a 4.5-inch 1440 x 1440 resolution display that’s square, not rectangular.
Now, square screens on BlackBerry phones aren’t new – the BlackBerry Q10, for instance, has one – but they’re usually a lot smaller than the whopper on the Passport. In fact, the Q10’s display is just 3.1-inches diagonally.
With a 4.5-inch screen, the BlackBerry Passport is in fact broader than Samsung’s hefty Galaxy Note 3 phablet, which is 2.79-inches across versus the Canadian handset’s roughly 3.18-inches. The iPhone 5s is positively demure in comparison, its 4-inch display just 1.96-inches wide.
Back when the phone was first teased, there was speculation that the form factor would demand an on-screen keyboard, but BlackBerry has persevered and given the Passport a physical QWERTY.
It’s wide but relatively shallow, condensing what would normally occupy two rows on a regular keyboard-toting BlackBerry to just one on the Passport, and sandwiching the spacebar in-between the “V” and “B” keys.
Thanks to a recent deal with Amazon, the Passport will also get to run Android apps downloaded from the retailer’s Appstore. How they’ll look on the 1:1 aspect ratio remains to be seen.
Other specifications are yet to be confirmed, though BlackBerry said that it would spill everything when it launches the Passport at a UK event in September.


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Walter Swinburn produced Milligram
with a storming run to lead a furlong out.
There is no criterion for the amount of fluorine in green tea, black tea and oolong tea beverages, but for raw water and tap water it is under 0.8 milligrams
per liter and for mineral water it is under 2 milligrams
EACH SERVING: 168 CALORIES, 6.8 GRAMS TOTAL FAT, 81.5 MILLIGRAMS
CHOLESTEROL, 232.9 MILLIGRAMS
SODIUM, 0.3 GRAM FIBER, 24.0 GRAMS PROTEIN
* Folic acid: five milligrams
three times daily, under medical supervision.
The researchers subsequently analyzed the fluoride content of several brands of instant iced tea and found they contain 0.18 to 1.17 milligrams
of fluoride per six ounces when mixed with distilled water (tea made with fluoridated water provides more).
All likely contribute to the heart-healthy benefits as seen in a recent study in which participants ate 2 1/2 ounces a day of almonds plus a cholesterol-lowering diet (less than 200 milligrams
a day of cholesterol and less than 7% saturated fat).
King Karl Chocolate is USDA certified organic and made from the company's secret Swedish recipe, available in milk and dark chocolate varieties with 90 milligrams
of CBD concentration, for an SRP of $20 per bar.
Women of childbearing age should limit caffeine intake to 300 milligrams
Police stopped the 33-year-old man for the first time on June 6 when a breathalyser revealed 75 milligrams
of alcohol in his blood instead of 22 milligrams
, which is the limit.
The 500-milliter drinks contained 237 milligrams
of caffeine, equivalent to four cans of Red Bull, an energy drink that has 62.5 milligrams
of caffeine per can.
'One medium-sized banana boasts of 100 to 125 kilocalories, 4 to 5 grams fiber, about 400 milligrams
potassium, 17 milligrams
calcium, 36 milligrams
phosphorus and traces of other minerals like iron,' said Professor Kanwar, an eminent biophysicist who writes for the Health Tribune.


text: SolarCity, the company co-founded by Elon Musk, now produces the world's most efficient rooftop solar panels with a module efficiency of just over 22 percent. That bests the X-Series panels built by SunPower, which top out at around 21.5 percent. The results were confirmed by the Renewable Energy Test Center, a third party California photovoltaic testing company. SolarCity CEO Lyndon Rive told Fortune that the company is shooting for a cost of around 55 cents per watt. It plans to build the 360 watt panels its 1GW solar panel plant in Buffalo, New York, set to open next year.


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Written by Alex Maidment (nSanity Beach)
Any development that furthers the quality and fun of gaming but be considered a step towards the future of gaming. Over the last five years there has been a lot of hype around virtual reality and augmented reality as new ways to immerse us all in the gaming world. It’s come pretty far as well bringing in some amazingly realistic games that you feel like you’re in, but I would argue that it’s still not there yet and if it’s truly going to be the future of games, then we’re still at least another few years away.
When I talk about the future of gaming being here now, I’m thinking more about technology advancements that finally make gaming more accessible for the masses. It was a pretty big moment when Phil Spencer, head of Xbox, said Google and Amazon are Xbox’s main competitors moving forward.
That’s a pretty big statement considering we’re in the year of new consoles from Microsoft, Sony and potentially Nintendo and the world of gaming news is fully focused on the PS5 vs. Xbox Series X rivalry, and rightly so.
But it feels like when Phil Spencer dismisses Sony and Nintendo as competitors, he’s almost certainly not referring to the new console releases and is actually hinting at the future of Microsoft’s gaming development, Xbox or otherwise. With the launch of xCloud and the continuous development of the stream anywhere service, the mention of Google and Amazon as future competitors has to indicate that this is where Xbox is heading in the long run.
Between the likes of Google, Microsoft, Amazon in the future and now, NVIDIA, it feels like the common games industry goal is to make gaming truly accessible to everyone around the world and this relies on game streaming at a low cost to give people who can’t afford expensive consoles and PCs to still be able to play the latest games.
The really fascinating thing about this shift in the industry is that it doesn’t just effect console gaming but actually starts to take aim at PC gamers. Take the new NVIDIA streaming service, GeForce Now – it allows you to play games already in your PC games library using low powered devices such as standard laptops and even mobile devices. With this option, why would you spend £1000+ for an RTX gaming PC when you spend £60 a year on the founders edition and play on the device you already have.
These developments that will only get better and will keep coming thick and fast seem to summarise that the future of gaming has arrived and maybe it’s not quite what we all expected but it sure it a great move forward!


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Influencers anticipate conducive regulatory environment for cryptocurrency in India
The proposed ban on private cryptocurrencies in India had triggered panic selling by investors in the last week of November. However, Twitter influencers and Redditors are of the opinion that India may not go for a blanket ban on cryptocurrency as apprehended by majority of the investors in the country but keep a conducive and regulated environment, according to the Social Media Analytics Platform of GlobalData, a leading data and analytics company.
GlobalData’s Social Media Analytics Platform identifies and tracks the emerging trends, pain areas, new fields of innovation among discussions of Twitter influencers and Redditors.
Smitarani Tripathy, Influencer Analyst at GlobalData, comments: “Social media conversations around crypto in India context surged by 40% in the last week of November compared to the previous week, following the government’s decision to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the upcoming winter session of Parliament.”
Below are a few most popular tweets captured by GlobalData’s Social Media Analytics Platform:
- CS Jigar Shah, Founder Partner at JMJA & Associates LLP:
“I don’t think, BAN is coming.. India will adopt Crypto with regulations..Now only challenge is the way Babu’s will understand and regulate it.. but complete ban is unlikely now.”
- Ajeet Khurana, Advisor, and former CEO at Zebpay:
“Despite the price-bloodbath today, and the prospect of more FUD (fear, uncertainty, and doubt), my GUESS is that we are not in for a “banning.” Despite stringent controls coming in, the crypto industry in India will eventually see a more enabling policy framework eventually.”
- Lavanya Mohan, Freelance Writer:
“India’s crypto end game increasingly looks like it will mirror China’s – bringing in a digital rupee that employs blockchain while prohibiting private currencies. Hope some middle ground can be achieved!”


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The GDPR (General Data Protection Regulation) law replaces the current DPA (Data Protection Act) on the 25th May 2018 – and Expanding Solutions is taking action.
The new data protection act will require all businesses to gain consent to communicate and process any personal information they hold on individuals.
This is why Expanding Solutions is launching their ‘I’M IN Campaign, ensuring all individuals have opted in to be contacted by the Marketing team.
‘We send out occasional emails including updates on innovative product launches and relevant industry news and events,” says Marketing and Communications Manager, Bridget Bouch.
“With GDPR taking effect soon, we’re ensuring all recipients we contact are still interested in our content and are happy to stay in touch –it is key we are transparent with individuals about the use of their data’.
To keep up to date with Expanding Solutions’ occasional news and views, leave us a message to let us know your interest…


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Open finance technology provider Brankas has announced a joint venture with Visa, unveiling an open finance solution to increase financial inclusion for Southeast Asian firms.
Integrated into the Visa Cardholder Transaction Score (VCTS) and the rest of its payment rails, Brankas is seeking to enable financial institutions to utilise transaction data to improve their solution offerings.
Merchants can now gain access to verified data that reveals a cardholder’s aggregate spend and creditworthiness, improving risk evaluation methods and enabling automated credit decisioning for faster loan and credit card issuance.
Todd Schweitzer, CEO and Co-Founder of Brankas, said: “We recognize a real opportunity to bring to market a solution to help businesses offer a superior customer experience. With this partnership, businesses are unlocking accelerated transaction processing and payment alternatives to bolster their offerings.
“We are very excited to team up with Visa to increase financial inclusion across Southeast Asia, and we believe that our joint solutions will do just that.”
In addition to the open finance product, Brankas and Visa have co-developed a new Account-to-Account payment solution which allows to open up more methods of domestic and cross-border money transfers.
Brankas’ banking network in Asia will connect with Visa’s global payment rails to provide financial institutions with new options for instant payments whilst saving on transaction fees.
“As a trusted engine of commerce, Visa is uniquely positioned to help people, businesses, and governments make more confident financial decisions and move money securely,” commented Tareq Muhmood, Group Country Manager of Southeast Asia at Visa.
“Brankas is a company that combines core banking, data, payments, and issuance products in a single stack, enabling their customers to rapidly launch new and innovative solutions. Visa is excited to partner with Brankas and take advantage of its extensive baking network in Southeast Asia to better serve the underbanked.”


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The Sedgwick County Commission has voted 3 to 2 to approve a shelter-in-place for Sedgwick County.
The measure goes to the county’s health officer Dr. Garold Minns who will make the final decision. The shelter-in-place is not a lockdown.
Instead, it’s an attempt to limit public interaction to just essential personnel to help slow the spread of the virus in the community. Many businesses and occupations would be exempt from the shelter-in-place.
Companies like Spirit AeroSystems, Textron and NIAR because of their defense-contract work would be expempt. Also, businesses deemed essential businesses like grocery stores, gas stations, media outlets, medical facilities, daycare facilities and auto shops.
Restaurants that provide takeout and delivery services would be allowed to remain open, but would have to shut down their dining areas.
The commission held a special meeting Monday afternoon to discuss the matter. It follows the executive order from Governor Kelly that goes into effect tomorrow, limiting public gatherings to 10 people or less.
Commissioners Dennis, Cruse, and Meitzner voted in favor of shelter-in-place. Commissioners O’Donnell and Howell voted against it.


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We’ll get more details on Pokemon Sword and Shield’s Expansion Pass tomorrow, June 2 at 6am Pacific / 9am Eastern / 2pm UK / 11pm AEST.
Revealed in a tweet by the Japanese Pokemon Twitter account (below), no details were given of what could be revealed. However, with the first expansion for the latest Pokemon games – The Isle of Armor – due to arrive by the end of June, it seems likely we’d get a release date.
— ポケモン公式ツイッター (@Pokemon_cojp) June 1, 2020
The Pokemon Sword and Shield expansions will include The Isle of Armor and The Crown Tundra (due this Fall), and each will add a new open area to explore. They’ll also add new legendary Pokemon, new regular Pokemon, new Galarian forms, and dozens of returning Pokemon that were previously unavailable to catch.
It marks a new step for the Pokemon franchise – which has previously preferred to release new versions of the same game, or semi-sequels. We think this is a very good next step.
Joe Skrebels is IGN’s Executive Editor of News. Follow him on Twitter.
Source: IGN.com Pokemon Sword and Shield Expansion Pass News Coming Tomorrow


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South Korean bitcoin attacks ‘were made by the North Korean hackers that attacked Sony’
5 stars based on
Cryptocurrency exchange Youbit is filing for insolvency after it was hacked for the second time this year, highlighting concerns for security amid booming bitcoin hacked by north korea in Bitcoin and other virtual currencies boom. Youbit announced on its website that it had been hacked on Tuesday, causing a loss worth 17 percent of its total assets. The South Korean exchange didn't elaborate on the exact amount, but said all customers' cryptocurrency assets would be marked bitcoin hacked by north korea to 75 percent of its value, and that it was stopping trade to minimize customer losses.
The cryptocurrency exchange had been hacked once before in April when nearly 4, Bitcoins were stolen in a cyber attack that the country's spy agency linked to North Korea, according to a South Korean newspaper report on Saturday. Youbit is a smaller player in South Korea's cryptocurrency market, with the world's busiest cryptocurrency exchange Bithumb accounting for about 70 percent of the country's market share. The news comes as South Korea last week banned its financial institutions from dealing in virtual currencies such bitcoin hacked by north korea Bitcoin, as the cryptocurrency soars in a bubble fueled by retail speculators, many of them from the country.
South Korea has emerged as a hotbed for cryptocurrency trading, accounting for some 20 percent of global Bitcoin transactions. But trading in the virtual currency has been overshadowed recently by a series of warnings from politicians and financial experts about risks. EU approves cryptocurrency clampdown to combat terrorism financing. Axel Weber, chairman of the Swiss bank UBS, warned this week that anyone keen to invest in Bitcoin risked losing their money.
Denmark's top central banker later weighed in, saying people buying Bitcoin should not blame regulators if they suffered losses when the market crashed because it was an unregulated market. He said putting money into bitcoin was basically gambling. Bitcoin energy boom stamps down colossal carbon footprint. Bitcoin exchanges and wallets have a history of being targeted, and security experts say they become more vulnerable to cybercrime as valuations rise.
The European Union has agreed to implement stricter rules on exchange platforms that deal with virtual currencies, including bitcoin. The measure is part of an effort to prevent terrorist financing and money laundering.
Few people use bitcoin to buy anything — but everyone pays for its environmental impact. Does mining the cryptocurrency actually consume more electricity than Bitcoin hacked by north korea Cryptocurrencies have grabbed a lot of attention in recent days as the value of bitcoin skyrocketed to hit record highs and Venezuela announced plans to create a digital currency called "petro. Some of the world's biggest auto companies have teamed up with tech providers and startups to form a consortium aimed at developing automotive uses for blockchain, the database technology known from cryptocurrencies.
Japanese online broker Monex is offering to acquire hacked cryptocurrency exchange Coincheck, a domestic business daily has reported. Shareholders appeared to welcome the move toward better investor protection.
What goes up must come down, old wisdom has decreed. Does it apply to bitcoin hacked by north korea best-known digital token, Bitcoin?
As the cryptocurrency's value has seen many ups and downs recently, we chart its dramatic journey to date. Germany substantially raises tax income projections - Lufthansa set to impress at shareholders meeting. Germany has seen a significant spike in supporters of the anti-state Reichsburger movement. The AfD politicians refused to take any questions from a journalist from Germany's most popular tabloid.
The far-right party has repeatedly accused the press of biased coverage. Belgian politicians and animal rights activists have slammed the gassing of 20, chicks at Brussels airport. The animals were meant to be flown to Kinshasa. Airport firefighters refused to take part in the killing.
Change it here DW. COM has chosen English as your language setting. COM in 30 languages. News German President Steinmeier notes 'substantial change' in trans-Atlantic ties What to expect from the Russian president's next term Business South Korean Bitcoin exchange shuts down after hack Cryptocurrency exchange Youbit is filing for insolvency after it was hacked for the second time this year, highlighting concerns for security amid booming trade in Bitcoin and other virtual currencies boom.
Bitcoin's popularity on bitcoin hacked by north korea rise. Bitcoin starts futures trading. Bitcoin takes off in Venezuela. EU approves cryptocurrency clampdown to combat terrorism financing The European Union has agreed to implement stricter bitcoin hacked by north korea on exchange platforms that deal with virtual currencies, including bitcoin.
Bitcoin energy boom stamps down colossal carbon footprint Few people use bitcoin to buy anything bitcoin hacked by north korea but everyone pays for its environmental impact. Bitcoin, cryptocurrencies — how do they work? Send us your feedback. Print Print this page Permalink http: The week in review.
Germany's Reichsburger movement out to 'delegitimize the state'. Journalists walkout after Germany's far-right AfD blocks reporter's question. Gassing of baby chicks at Brussels airport sparks outrage.


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Microsoft EDU today announces a new edition in its Windows 10 family with Windows 10 S. This version of Windows 10 is built for schools and is streamlined for security and performance. It has the power of a Windows 10 Pro but Microsoft had to restrict app installation exclusively from the Windows Store to optimize security. Microsoft is working with developers to port their apps on Windows Store so Windows 10 S users could use them safely.
With Windows 10 S locked up. It will ensure students, teachers and even casual users to be safe from norms of malware threat. When one tries to use apps outside from the contained system, Windows will automatically remind users to use Windows Store apps and even suggest apps with the same functionality if there is one from the Windows Store. Besides the Apps, Windows 10 S is also restricted to use only Microsoft tools and utilities and even your browser settings are locked to use Microsoft’s own Edge browser. If you are in doubt of using Microsoft’s new browser, worry not, Microsoft built the Edge browser from ground up to ensure a safe and fully productive experience while online with the latest support in internet technologies.
As Windows 10 S is primarily designed for schools, it comes with tools to help teachers manage their devices such as the ability to deploy preloaded software and configuration options from a USB key to a number of Windows 10 S devices. The new variant of the operating system is also designed to run on low-end machines while maintaining optimum performance. With Windows 10 S, logins would only take half the time at most compare from a fully featured Windows 10 Pro.
The new Windows 10 S will be arriving this summer with a free one-year subscription to Minecraft: Education Edition and Office 365 For Education with Microsoft Teams. Schools currently on Windows 10 Pro can migrate to Windows 10 S for free that is if they want to give up the freedom offered on the Pro. Alternately, Windows 10 S equipped devices can also upgrade to Windows 10 Pro at anytime for $49 or if you sport the newly announced Surface Laptop then you can upgrade to Windows 10 Pro for free this year but starting in 2018 you’ll have to pay $49 to do that, but once you make the switch your device would no longer allow you to switch back to Windows 10 S.


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How small businesses tackle marriage-amendment fight
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Billion-dollar corporations like General Mills Inc. and Thomson Reuters have risked angering some customers by wading into the dicey political battle over Minnesota's proposed marriage amendment. But the stakes can be higher for small businesses.
WCCO reports on two companies that have publicly taken sides (one pro, one anti) over the amendment, which would make Minnesota's law against gay marriage part of its constitution. The supporter, Stan Genedek of Mendota Heights-based Genedek Landscaping and Excavation, says he's received criticism and hate mail for his position, which he says is based on a belief that government should stay out of religious decisions.
The owners of Peapods, a baby goods store in St. Paul, meanwhile, are amendment foes who have put up "Vote No" signs. They've had an easier time of it, partly because the neighborhood is filled with similar signs.
General Mills, of course, made a lot of news when it publicly opposed the amendment; CEO Ken Powell defended that decision at the company's shareholder meeting, saying he felt the measure would be bad for business.
And if you're interested in how business executives and owners may feel personally about the amendment — as opposed to a official company stance — you can check our database to see which side they've donated to.
Mark Reilly manages daily and weekly coverage at the Business Journal newsroom.
Work For: Polaris Industries Polaris Industries | Minneapolis, MN
Marketing Communication Specialist Marshfield Clinic | Marshfield, WI
Deputy Chief Operating Officer MNsure | Saint Paul, MN
MNsure Project Management Office Director MNsure | Saint Paul, MN
Trade Commissioner Canadian Consulate | Minneapolis, MN
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A technological breakthrough could charge a future iPhone in seconds, yes seconds.
The new technology uses graphene, which is made from the same graphite found in a pencil, to deliver supercapacitors that can enable super fast charging.
According to researchers, the new technology could replace batteries with super capacitors. These super capacitors could charge an iPhone in five seconds. The technology could also enable car charging in around a minute.
By swapping out the battery in an iPhone with these super-capacitors we could effectively solve the problem of dead iPhone batteries. Even the busiest users can find five seconds to plug-in a phone during the day, and such fast charging would make it charging stations in airports and public locations practical.
Discovery News sums up the power of graphene and how it could change the way we charge and use iPhones and mobile tech in the video below.
In addition to delivering super fast charging, graphene is flexible, which would offer manufacturers more design freedom for smartphones and for wearable technology. With a a graphene super-capacitor instead of a battery, an iWatch would last weeks on a few seconds of charging and could weave the power source into a wristband.
Forget about a big blocky battery in a future iPhone, or the need for user replaceable batteries in Android phones. With flexible graphene super-capacitors, the power source is flexible and could be meshed around the existing components for thinner smartphones.
In testing the scientists at UCLA found wer able to use graphene super-capacitors to power a lightbulb for minutes on seconds of charging. This is an impressive amount of time for such a short charge.
Scientists discovered that it is possible to manufacture graphene needed using liquid carbon and a DVD burner. The ability to cheaply and quickly manufacture graphene super capacitors is important to the possibility of getting these super-capacitors in future phones, tablets and cars.
Graphene is also a component researchers are investigating to allow battery life to last 10 times longer, according to research published in late 2011.
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By Adriano Marchese
Aramark on Tuesday reported a net loss in its fiscal second quarter and said its cost-reduction measures set up in the period would reduce operating income and revenue in the near term.
For the three months ended March 27, the Philadelphia-based food, facilities management and uniforms provider had a loss of $202.3 million, or 80 cents a share, compared with a profit of $29.4 million, or 12 cents a share, for the same period last year.
Excluding items, Aramark reported an adjusted profit of 26 cents a share for the quarter, compared with 45 cents a share last year and analysts' forecasts of 25 cents, based on FactSet.
Sales in the period fell to $3.73 billion from $4 billion.
The company estimates a $325 million impact on business operations related to the Covid-19 pandemic.
Looking ahead, the company said it has withdrawn its previous outlook for fiscal 2020 but added that it expects that its cost-reduction strategies will result in a near-term operating income decline of 20% of any corresponding revenue decline.
Write to Adriano Marchese at firstname.lastname@example.org


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Adding ice isn't enough for Starbucks.
The coffee giant announced Tuesday it's expanding its menu to include a greater variety of cold drinks — some of which include nitrogen.
That roster, which consists of both iced coffee and iced espresso, makes up what Starbucks now calls its "cold bar." And if you're thinking it pretty much looks like a beer tap — that's actually what Starbucks was going for.
"It almost comes out like a Guinness beer. But these are craft products — not dissimilar to the trend of craft beer. It's perfectly positioned for the millennials," Starbucks CEO Howard Schultz told CNNMoney.
This nitrogen-infused coffee-on-tap idea is known as nitro coffee, and it was a big trend in 2015.
"The coffee is cold-brewed, put into a keg and then infused with nitrogen and poured from a tap. That nitrogen infusion creates a slightly carbonated cup of coffee with a creamy beer-like head," CBS' Marlie Hall reported.
The coffee is super strong, though. Bon Appétit reports some people feel like they've had two full espressos after only drinking half a glass of the nitro coffee.
Prior to Tuesday's announcement, Starbucks had been testing its version of nitro coffee in its Starbucks Reserve Roastery and Tasting Room in Seattle.
Currently, the Nitro Cold Brew is the second-highest-selling drink at that location.
Starbucks' nitro coffee will now be available in 500 U.S. locations.