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oraimo, the global mobile accessories brand known for its innovative and affordable TWS earbuds, has launched a new series of earbuds called ‘FreePods Pro’ and ‘FreePods 3’ in India. The earbuds were .
Agoda and Alipay+ today announced a new partnership that will leverage Alipay+ solutions on the Agoda platform for better customer benefits and rewards. This is in addition to the existing integration.
Infor, the industry cloud company, today announced that Gartner Inc. has positioned Infor as a Leader, for the fourth consecutive time, in its 2022 Magic Quadrant for Warehouse Management Systems (WMS.
India SME Forum (ISF), India’s largest non-governmental, not-for-profit organisation for small and medium businesses, announces a first of its kind seller awards, the ‘Best Sellers of India Awards 202.
Kennect, a Delaware and Mumbai-based Software-as-a-Service sales acceleration start-up, has raised $700k in seed funding led by FortyTwo VC. FortyTwo VC is a Dallas, Texas-based venture fund with an i.
Medtronic Launches AI Powered GI Genius™ Module for Colonoscopy that Offers Enhanced Visualization for Detection of Colorectal Cancer in India.
Everdome, the most hyper-realistic metaverse, has announced that GEM Digital Limited (GEM), a Bahamas-based digital asset investment firm that sources, structures and invests in utility tokens listed .
~Largest Superyacht Luxury Marina Network with Iconic Worldwide Locations~ ~Will More than Double MarineMax’s Recurring Marina Revenue~ ~Increases Global Superyacht Services Capabilities~ ~Margin E.
Education Excellence Awards 2022 was organized by Kiteskraft Productions on August 6th, 2022. The Conference was graced by the amazing Speakers Dr. C. Shalini, Dr. Archana Ainapure, Prof Sanjeeb Pal, .
Vaccines and Related Biological Products Advisory Committee will hold meeting on September 22, 2022 RBX2660 is an investigational microbiota-based live biotherapeutic studied for its potential to redu.


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An interesting announcement relating to the payments industry has materialized from the World Economic Forum by the name of The Universal Digital Payments Network (UDPN).
The UDPN was launched to provide interoperability between regulated stablecoins and central bank digital currencies (CBDCs).
UDPN is an “advanced digital currency payments project” that “has the potential to drive down the cost of digital payments and accelerate adoption by banks and businesses of all sizes.”
The payment network has been developed in the last two years by decentralised cloud infrastructure company Red Date Technology, IT solutions provider GFT, TOKO and DLA Piper.
Red Date Technology is also known as the developer of the Blockchain-based Service Network (BSN), the China state-backed blockchain network.
The initiative has since been expanding overseas through cooperation with global enterprises on the international version of the network, BSN Spartan.
“The purpose of UDPN is to investigate a potential alternative to existing payments systems by enabling interoperability between fiat-backed tokens of stablecoins and regulated protocols,” comments Marika Lulay, CEO of GFT.
“The decentralised approach and geographic breadth of participating firms, combined with the advanced technological solution deployed for these trials, set this network apart.”

domain: news


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Texas Instruments (TXN) Q1 2023 earnings results slightly beat EPS expectations
Texas Instruments also released an adjusted outlook for its upcoming Q2 2023 expectations.
As we continue through various major tech companies reporting on their latest fiscal quarters, Texas Instruments is one of the latest companies up on the block. The scientific electronics and semiconductor company has posted its latest quarterly results for its fiscal Q1 2023, and they came out mostly satisfactory. Texas Instruments showed up just slightly short on revenue, but its earnings per share (EPS) beat out Wall Street estimates.
Texas Instruments reported on its Q1 2023 earnings results via its investor relations website on April 25, 2023. The company was pretty close to its expectations on most fronts, for better or worse throughout Q1. It put up an actual revenue of $4.38 billion USD for the quarter, coming up shy against Wall Street estimates of $4.4 billion. Meanwhile, its actual EPS numbers came out to $1.85 per share. This was above the Wall Street consensus of $1.78 per share, but less than the Whisper Number consensus, which came out to $1.87 per share. In its major metrics, Texas Instruments was mostly in line with what was expected, give or take.
Perhaps just as notable is the guidance Texas Instruments provided for its outlook on its Q2 2023 fiscal quarter. Originally, outlook for Q2 for Texas Instruments were set at $4.4 billion in revenue, and EPS was set at $1.82 per share. New guidance has set revenue in a new range with a midpoint of $4.35 billion. Meanwhile, the EPS was adjusted to a range with a midpoint of $1.75 per share.
Texas Instruments, like many companies specializing in semiconductors, seems to be taking a hit on its business right now, but remains active and competitive nonetheless. Stay tuned as we continue to report on tech company quarterly finishes.
TJ Denzer posted a new article, Texas Instruments (TXN) Q1 2023 earnings results slightly beat EPS expectations


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The South Korean government today said there was a link between conditions at a Samsung factory and the cancer case of one of the Chaebol's workers. The ruling was made earlier this month, but was revealed today when compensation for the worker's family was made public.
The Korean labor ministry recognized that the worker, referred to only by her surname "Kim," was exposed to organic solvents and radiation, but admitted that it was difficult to quantify the amount of exposure to harmful substances. It judged that there was a "considerable cause-and-effect relationship" between Kim's cancer and the five years she worked at a semiconductor factory. An activism group accused Samsung of not installing a radiation detector at the factory, and says Kim was exposed to benzene and other carcinogens; its claims have not been substantiated.
Kim died in March, aged 36, and worked for Samsung from 1995 to 2000. The exact amount of compensation wasn't disclosed, but the Associated Press cites a spokesman as saying it will be equivalent to almost four full years of pay. There have been three prior cases where Samsung was found to have contributed towards diseases, and the manufacturing giant is free to appeal the decision. At the time of writing, Samsung has not publicly commented on the ruling.
Hyunhu Jang contributed to this article


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Tim Hortons locations recently began testing new flatbread pizzas at locations in Toronto. The new product is part of an effort to boost lunch and dinner sales, which is currently a growing category in Canada. As Jose Cil, the Chief Executive Officer of Tim Hortons’ parent company Restaurant Brands International recently explained during a conference call, “We’re seeing growth in PM food and growth in lunch daypart on the food side… We have aspirations internally in terms of where we want to get to.”
Based on the success of the new flatbreads, a major menu shift could be in store for Tim Hortons in the near future.
Image Credit: Tim Hortons


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Land Securities is about to install a system to cut the solar glare of its Rafael Vinoly-designed ‘Walkie Talkie’ building
The developer said the cost of dealing with the solar glare from the southern façade of the 20 Fenchurch Street, which prompted its alternative ‘Walkie Scorchie’ nickname, would not exceed its unused contingency fund for the property – reported sister title Construction News.
The rays reflected from the building onto a patch of street below were blamed for melting plastic parts of a parked car during the summer.
The developer said the solution to the problem was in the final stages of design and installation would start ‘shortly’.
Land Securities said the change would not increase its forecast development cost for the scheme and that handover of the pre-let floors should go ahead on schedule in April 2014.
It said total development cost for the building, which it owns jointly with Canary Wharf Group, would be £239 million.
The statement was part of Land Securities’ accounts for the six months to 30 September.
The firm’s revenue for the half year rose from £303.6 million in 2012 to £347.8 million this year.
Its pre-tax profits shot up from £131.1 million to £397.9 million but the 2013 figure included a £166 million gain on revaluation of investment properties.
Rents on shopping centres and shops were up 0.2 per cent, retail warehouses and food stores were down 1.8 per cent and leisure and hotels were up 1.4 per cent.
Retail voids rose from 2.9 per cent to 3.0 per cent on a like-for-like basis.
Land Securities has applied for planning permission to develop Ealing Filmworks, a cinema-led leisure, retail and residential scheme and for the redevelopment of the Westgate Centre, Oxford, in a joint venture with The Crown Estate.
It got planning permission for a 363,000 sq ft scheme in Selly Oak, in a joint venture with Sainsbury’s and has applied for planning permission for a scheme in Maidstone which already has pre-let agreements with Debenhams and Waitrose.
It reported voids of 1.1 per cent on London offices and no like for like voids in central London shops. Land Securities got planning permission to redevelop Oxford House, which has since been sold, and to convert Portland House in SW1 to residential use. It said it was like to develop 1 New Street Square, EC4, and 20 Eastbourne Terrace, W2, with completion by 2016 but had yet to make a final decision. In London it was likely to sell more properties than it acquired this year.
Land Securities to take the heat out of Vinoly's 'Walkie Scorchie'


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Innovators turn ‘Ocean Plastic into Something Fantastic’
September 12, 2014
Last weekend in New York City, iconic denim brand G-Star RAW unveiled RAW for the Oceans – the much-anticipated collection for Spring/Summer 2015 made from “Bionic Yarn,” an “eco-thread of fibers” created from recycled plastic bottles gathered from the ocean. This eco-fashionable clothing line sprung from a collaboration between Bionic Yarn, the Vortex Project, Parley for the Oceans and the curatorial expertise of musician and entrepreneur Pharrell Williams.
G-Star RAW, Bionic Yarn and Parley for the Oceans hosted a star-studded guest list for Ocean Night during New York Fashion Week on Friday at 23 Wall Street. Guests appeared on the blue carpet before entering a dim and surreal environment reminiscent of a moonlit scuba dive. Pharrell Williams, creative director of Bionic Yarn and curator for the collection, donned a cobalt blue hat and led a dozen models on stage clad in hip ensembles made from the first-ever denims woven from Bionic Yarn as Frank Ocean and Jay Z’s “Water” played in the background.
“It’s very easy to forget we live on this planet,” Pharrell told the crowd. “We don’t want to just talk about it, but we actually wanted to put it in practice.”
The night was complete with a presentation about the collection by Williams and an after-party during which guests could peruse the collection on view. Custom columnar aquarium tanks displayed modeled items from the collection, magnifying the texture of the fabrics through the water and glass. Jeans, jumpsuits and jackets were mostly crafted from dark wash denim, some emblazoned with the signature RAW for the Oceans octopus mascot. The collection also includes a selection of t-shirts and sweatshirts reading, “Happy Life. Happy Human Beings. Happy Oceans.”
A subsequent “Parley on Wall Street Summit” hosted by Parley, the Vortex Project and its collaborators on Saturday night took advantage of the existing displays as a backdrop for a more in-depth presentation of the project’s roots and goals. This event gave an impressive lineup of ocean leaders the chance to give a comprehensive report of the state of our seas. Dr. Sylvia Earle spoke about the need to end plastic pollution and protect our ocean – Earth’s life support system. Chris Jordan spoke about his film Midway Island: Message from the Gyre, which served as inspiration for the Vortex Project initiative. Collaborators of the Vortex Project then presented innovative ways to manage and solve plastic pollution in the ocean, namely through the new RAW for the Oceans clothing line, which became available to the public in select G-Star RAW stores and online that day.
By fighting plastic pollution through innovation, founder & CEO of Bionic Yarn Tyson Toussant sees “fashion in the future as a place to wear the responsibility.” We can’t wait to see what comes next from this exciting collaboration. By combining science, technology, engineering, art and math (STEAM) with pop culture and fashion, Parley, the Vortex Project and their partners are sure to spark revolutionary inventions and ideas that will continue to make the world a better place.
“Dear human beings: very few of us think of the oceans beyond what we want from it. The oceans need us now. It’s filling up with plastic and ruining the neighborhood. G-Star and Bionic Yarn want you to come together for Big Blue and wear the responsibility for the oceans. Happy life, happy human beings, and happy oceans.” – Pharrell Williams
To learn more about RAW for the Oceans and explore the collection online, visit www.rawfortheoceans.g-star.com.
For more on Parley for the Oceans and the Vortex Project, visit www.parley.tv/#fortheoceans.
And to learn about Bionic Yarn, visit www.bionicyarn.com.
By Courtney Mattison
Featured image (top) courtesy Parley for the Oceans


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With Christmas just around the corner, it is pivotal that you have the absolute best songs and playlists to send you into the festive season.
Generation Z, (colloquially known as ‘Zoomers) are typically regarded as the most atypical consumers on earth. The ‘Meet Generation Z’ podcast discusses the facets of
It is said that the apple doesn’t fall far from the tree, and being the daughter of Kate Moss, it was somewhat inevitable for Lila
Sweltering in an oversized suit, a young reporter watches as adults in animal costumes shout ‘Free Palestine’. A year later, surgical mask donned, he interviews
It goes without saying that a lot of young people have grown up using technology. Meet the group of Gen Z in Deutsche Telekom’s #WhatWeDoNext
Art historians have described the iconic figure that stands in the middle of the infamous Liberty Leading the People as young, no older than fifteen.
Online shopping has become the norm for Gen Z consumers, but not when it comes to beauty. 90 per cent of young people buy their
Known to be the most connected generation, a new study shows that millennials are actually the loneliest generation. A study by YouGov found that millennials feel


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Oreo has done it again! The popular cookie brand unveiled its new flavor just in time for the holiday weekend and it’s genius actually. Oreo has come together with Dunkin’ Donuts to bring the newest Oreo flavor: Mocha. That’s right Oreo’s Dunkin’ Donuts Mocha cookies are a thing now and coffee lovers everywhere can rejoice.
For big Oreo fans out there, this may not come as a surprise as the brand hinted the flavor in April, but this time, it’s finally here.
To summarize what this would taste like, think about a sweet cookie that mellows out an espresso flavor perfectly. Two well-loved brands coming together to deliver a cookie that also has an nice kick to it makes for the perfect dessert to add to all your cookouts this Fourth of July.
Would you eat these?


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Gaming laptops are constantly improving and becoming more powerful with each new innovation. Recently, there have been several new technological advancements or improvements, which may increase your gaming F95ZONE enjoyment. Some of these new features may come with a price tag, but they should be at least considered, if you want the ultimate gaming experience.
While reading this, keep in mind, many gamers still object to using a laptop for gaming and prefer going with a desktop PC which is cheaper, somewhat more powerful and can be more easily upgraded than a laptop. However, despite these issues and poor battery life, gaming notebooks are winning over more and more buyers, who want a “relatively” portable machine which can be picked up and carried from one place to another.
So here are several new developments which may win over a few more converts:
1. Sandy Bridge Processors – These are the second generation of Intel’s i3, i5 and i7 processors which offer much faster performance than their earlier predecessors. This greater performance is achieved with multi cores, hyper threading, overclocking and much more robust integrated graphics. Most high-end gaming laptops will now come with these new chipsets – some popular ones being the i7-740QM, i7 2820qm and i7 2920XM.
Besides the factory overclocking, these are the first Intel chipsets to really integrate graphics silicon directly in or onto the processor. Plus, this is the first chip to be based fully on Intel’s cutting-edge 32-nanometer manufacturing process. All this will allow for very power-efficient processors which have much improved multimedia and gaming capabilities.
Why are Sandy Bridge processors such a big deal? Well, according to Anand Shimpi of Anandtech.com:
“For the same money as you would’ve spent last year, you can expect anywhere from 10-50% more performance in existing applications and games from Sandy Bridge.”
2. 3D Enhancements – Regardless of your opinion of 3D viewing and 3D products, this new technology has really hit the gaming laptop marketplace hard in the last few months. While 3D gaming is nothing new, the Nvidia 3D Kit has been around for some time, but fully empowered True 3D gaming laptops are new. These come with 120Hz LCD screens which are capable of handling the 3D images and most use shutter glasses, although we are seeing several Glasses-Free 3D laptops, such as the Asus Republic of Gamers G53SX and Toshiba F750 3D.
While major laptop makers are pushing this stereoscopic 3D technology, it still remains to be seen if 3D wins widespread acceptance with the general public and with gamers. But the option is now available if anyone should want the full 3D experience. And it should be noted, more and more 3D products are coming onstream, such as cameras, handheld game systems (Nintendo 3DS) and tablets. With glasses now being an option rather than a necessity, 3D may just have crossed over into the mainstream.
3. Bigfoot Killer Wireless – Bigfoot Networks have introduced Killer Wireless-N Adapters for notebooks which will really push the boundaries and limits of Wi-Fi for online gaming, High Definition video and high-quality audio. Smoother gaming is always the goal of every gamer and these new “Killer” adapters will be a welcomed addition to any gaming laptop.
Alienware, one of the leading names in gaming laptops, is adding these fast powerful “Bigfoot Killer Wireless-N Adapters” as an option to its latest gaming notebook computers, such as the popular M18x, M17x, M14x and M11x. This is important because these “Killer” adapters will offer much higher wireless speeds with data rates up to 450Mbps(i). This improved wireless option will cost you around $80.
These are just three new technologies which has greatly improved or increased the performance levels and specs of gaming laptops. Many of these improvements come with an additional cost, but depending on your own preferences, these extra costs could be well worth it. Happy gaming.


text: Illinois manufacturers say they're disappointed with Gov. Pat Quinn's veto of a bill requiring a plastic bag recycling program. Quinn rejected the proposed law yesterday saying it limited local municipalities. It would have required manufacturers to set up recycling programs with the goal of increasing the recycling rate. It also would have required them to register with the state.


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KINGMAN - Bashas' Markets said Thursday that it plans to close a small number of underperforming stores throughout Arizona, with the current economic conditions forcing the grocery chain to make "some extremely difficult decisions," according to Communications Director Kristy Nied.
"We have not confirmed a number of stores, though I can tell you we will be closing a handful of stores," Nied said. "We have not announced any layoffs, and we have not specified locations."
Those words run counter to Thursday news reports claiming up to 10 stores could be closed, resulting in up to 1,500 layoffs. Nied claimed those numbers, reported by the Arizona Republic, were based on an anonymous - and erroneous - tip.
"There was an anonymous person calling these outlets with misinformation, and some news outlets chose to publish that misinformation," Nied said. "Some of that tip is correct in yes, we are planning to close a handful of stores. The rest of the information is incorrect."
Nied further confirmed that the Kingman Bashas' at 3360 Andy Devine Ave. would be unaffected by the pending closures.
Bashas' currently operates about 150 stores, all but two of which are in Arizona. Despite the closures, Nied said Bashas' will continue to evaluate existing stores, expand its products and services, and open new stores in the future.
She noted that the chain already plans to open a newly remodeled and expanded store in Scottsdale on May 20, as well as a brand new store in Goodyear this November.
"Rest assured that we're going to do everything we can to preserve jobs of our members who work in the handful of stores that will close, and we'll make every effort to place members in surrounding store locations," she added.


text: Photo Gallery of MG 550 Facebook Twitter WhatsApp Pinterest Uploaded by: YandeG Date: 22.10.2018 Image "HEX" Code: #2583869 Image size: 2048x1536 You can download photo MG 550 or use this pic as wallpaper or poster for desktop. Full size link https://carlakes.com/data_images/models/mg-550/mg-550-12.jpg We have more photo of MG 550 in our gallery. If you interesting to view them, you can follow on links below. Also you can see full gallery of MG 550 on this page. If you have your own good photos of MG 550, you can upload them on our website and become one of our authors. See more photos MG 550 from our users Recent automotive trends, reviews, test drives and the latest news from the world of cars Nissan calls nearly 1 million cars to recall Nissan announced a global recall involving 989,701 vehicles sold by Nissan and Infiniti brands in North America. According to the company, there is the possibility that the passenger side airbag did not inflate in the event of a strike. Fiat CEO sells U.S. $ 5 million in 2013 Sergio Marchionne, CEO of Fiat Automobiles Chrysler received $ 5 million, adding up salaries and bonuses during the year 2013. NanoFlowcell presents concept and QUANT-Sportlimousine The NanoFlowcell manufacturer, based in Lichtenstein, presented their concept and QUANT-Sportlimousine at Geneva. The model impresses by size: are only two meters gate. Secret: new ix35 runs in Tests The new generation of the ix35 is already being tested by Hyundai. The prototype you see in these photos was spotted on an ice rink closed in the Arctic Circle.


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Today, a development is happening that will certainly for life transform the connection in between merchants and also their consumers. This brand-new retail version, called digital business, includes
- Mobile business sustained by mobile phones as well as tablet computers
- Emerging social business systems that combine marketing, shopping as well as marketing in a social media sites atmosphere (s-commerce).
While the ecommerce item of retail today is substantial and also a substantial development engine, the complete influence of electronic shopping on the retail venture today expands to the bulk of retail sales. Around 60 percent of retail sales in the United States are affected by electronic devices in some method. The exact same Accenture research study discovered that 72 percent of participants located claimed “display room” or electronic shopping after seeing an item in a shop”.
Digital shopping does not constantly result in an instant conversion however it does equate to affect throughout the course to purchase.While this could feel like small development, some significant sellers have actually currently experienced ecommerce incomes making up 14.3 percent of their overall profits since the 2nd quarter of 2014. The leading 43 percent web merchants in the United States reported $24.53 billion in mixed shopping deals throughout the 2nd Harrods discount code of 2014, a 19.2 percent rise over the exact same quarter in 2013


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CrowdStrike Holdings Inc. (NASDAQ: CRWD) reported a narrower net loss for the fourth quarter, aided by strong revenue growth. The results also topped the Street view and the company’s stock gained during Thursday’s after-hours trading session.
Net loss, on an adjusted basis, narrowed to $3.9 million or $0.02 per share from $28.0 million or $0.60 per share in the fourth quarter of 2019. Analysts were looking for a wider loss. Reported loss was $0.14 per share, compared to $0.67 per share last year.
The positive bottom-line performance reflects an 89% surge in revenues to $152.1 million, which is far above the consensus estimate. There was a 90% growth in subscription revenue, while annual recurring revenue climbed 92% to $600.5 million.
The total number of customers more than doubled from last year and came in at 5,431 at the end of January. Around 870 new subscribers were added in the fourth quarter alone.
“Throughout this past year, we continued to execute on the increasing demand we see in the market and the Security Cloud vision we pioneered. Looking into fiscal 2021 and beyond, the powerful combination of our cloud-native platform and frictionless go-tomarket positions us well as the fundamental endpoint platform for the future,” said George Kurtz.
For the first quarter of 2021, the management forecasts adjusted net loss in the range of $0.07 per share to $0.06 per share, on revenues of $164.3-$167.6 million. Loss from operations, excluding one-off items, is expected to be between $16.2 million and $1.39 million.
For the whole of 2021, CrowdStrike expects adjusted loss in the range of $0.14 per share to $0.10 per share. Revenues are estimated to be in the range of $723.3 million to $733.5 million in 2021.
New Tech Head
The company also announced the promotion of Michael Sentonas to the post of chief technology officer. Most recently, Sentonas served as vice president of technology strategy.
The technology industry is going through a major crisis as investors continue to withdraw from the markets, scared by covid-19, and CrowdStrike is no exception. The company’s stock, which lost 14% since the beginning of the year, made strong gains Thursday evening following the announcement.
The pandemic-induced financial uncertainties have changed the dynamics of the consumer lending market. Customers are being drawn to online lending platforms that provide easy access to credit on convenient terms
While bitcoin and other digital currencies have seen a fair share of ups and downs so far this year, investor interest in cryptocurrency has grown undeniably during this period. The
Software giant Oracle Corporation (NYSE: ORCL) reported a 28% growth in fourth-quarter earnings, aided by an increase in revenues. The results also topped Wall Street's prediction. At $11.2 billion, revenues


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Bangladesh's furniture industry has seen rapid growth in recent decades.
Case in point, in a Tk25,000 crore market, the industry has over 25 lakh workers currently employed and the industry now enjoys an annual growth of 18-20 percent, according to recent reports.
Bangladeshi furniture is now being exported to foreign markets as well, and thriving. For instance, there has been a 267 percent rise in the last decade, jumping from Tk180 crore to Tk665 crore in fiscal year 2018-19, according to the Export Promotion Bureau.
The industry has over 80,000 entrepreneurs. However, the market is still dominated by unbranded furniture and local carpenters that account for 65 percent of all the products sold.
But Selim H. Rahman, chairman of the Bangladesh Furniture Industries Owners Association (BFIOA) and the Managing Director of Hatil told the Business Standard that the market will eventually lean towards the brands.
"Branding signals quality, service, warranty and credibility. When you buy a furniture piece from a brand, you get all that, especially credibility. That is why conscious buyers always go for branded furniture as they realise it is an investment," said Rahman.
Hatil is one of the country's leading furniture brands. Not only in Bangladesh, but the company also has franchises in India, Nepal, Bhutan and Canada.
In a conversation with The Business Standard, the veteran furniture tycoon talked about the various aspects of the burgeoning furniture industry.
When did Hatil start? Tell us about the journey.
It was 1988. After finishing my graduation, I joined my father's timber and sawmill business at Farashganj in old Dhaka. Not as the son of the owner, but as an inexperienced worker. There I learnt from my father and other workers.
What I noticed there is that customers bought pricey and high-quality wood from us, but they used to complain about the product their carpenters would make from the wood.
The quality of a product depends mostly on the seasoning and processing of the wood more than the quality of it. If you let a fine piece of Burma teak lay on the ground for a long time, no matter how marvellous that material is, the piece would rot and dampen eventually.
And that seasoning and processing depend on the skill of your carpenter.
"For the last 32 years, the company [Hatil] has been thriving in the local furniture market. It has already opened franchises in India, Canada, Bhutan and Nepal"
It was almost the end of 1988 when I thought of a one-stop solution space where customers would get a 360-degree solution for their woodworks- from raw materials, processed wood to ready-made products. And that is when I came up with HATIL- a name I got from my father's timber mill- Habibur Rahman and Anowara Begum Timber Industries Ltd.
For the last 32 years, the company [Hatil] has been thriving in the local furniture market. It has already opened franchises in India, Canada, Bhutan and Nepal.
Traditional furniture vs branded furniture - which one do you think Bangladeshi customers prefer more?
I think with time, people will eventually prefer brand furniture more. Because when we talk about quality, it is not just about the wood. A piece of wood needs several steps of processing for the finished product's longevity and quality. For example, seasoning- it takes almost a year to season wood if you follow the traditional methods. But with modern machinery and industrial technology, wood is seasoned in 21 days in our factories.
Besides, in an industrial area, every piece is cut, maintaining a distinct thickness and accuracy. Internal joinery is kept precise in every piece we make. We consider the size, functionality, weather and climate, material, price range, ergonomic issues, etc.
Not everyone can afford branded furniture. And if they do, it is not something that people buy every day. Then how does this business sustain itself? What is the target customer group for branded furniture?
Furniture is not a luxury anymore here in Bangladesh.
Earlier and even now, we think teak is the best wood to choose for furniture. Although it is true to an extent, if well-seasoned and processed, furniture made from 'koroi' or even 'aam' (mango) wood will also last you for years.
We need to change the perception because earlier when we did not have the technology, using the strongest wood made sense. But now with better machinery and technology, why not get creative?
If you look at the market, on average, our purchasing power has increased with the growing economy. And with changing social structures, we no longer think of a larger family where a piece of furniture will pass down to the successors as an heirloom piece. With the growing cosmopolitan culture, we think more about functionality and maintenance. That is why I think people will lean more towards brands for furniture.
There is another reason for this industry to expand more in the future. You see, as a brand when we do business, we have to pay taxes to the government. Besides VAT and other taxes, in the industry, we have to follow the compliance rules and environmental protocols, a local carpenter may not do any of that.
Apart from wood, what are the other raw materials needed in this industry? Where do you source these from?
For wood, we use FSC (Forest Stewardship Council) certified beech and red oak that we import from Germany and the United States. Apart from that, hardware (handle, lock and key, screw, latch etc), lacquer and most of these materials are imported from other countries.
Hardware is imported from China and Malaysia, lacquer from Italy and Europe, fabric from India, China and Indonesia.
We have to pay import taxes for all these - 16% for wood, 58% for hardware and 89% for lacquer spray. As we do not get incentives, we often struggle to reduce the price.
What has been the government's policies regarding this market?
The government has already announced it to be an industry. But that is not enough. My 32 years of experience says that this industry has huge potential. The labour cost is low here in Bangladesh and we have a huge labour market.
This is the factor that helped grow our RMG sector. I have 3,000 workers employed in Hatil's factory alone. There is a huge scope for employment here as well. If the government recognised its export potential, it could grow further.
Amid the global concern regarding the environment and climate, do you think the wooden-furniture business is sustainable?
If we talk about sustainability, the first thought that comes is –buy local. But Bangladesh already has limited forest areas.
So what do we do? That is why Hatil imports FSC (Forest Stewardship Council) certified wood from Germany and other countries. The number of greens we are using to make furniture, are we giving it back to nature? I do not think so.
Again if you look at the traditional designs, you will find immense wastage of material and wood. Large ornamented headboards, intricate crafting - everything looks like wastage of wood, time and labour.
Of course, custom-made traditional furniture pieces will always be precious and a lifetime investment, but it is mass production for mass people that we are talking about. As an industry, this sector requires precision, creativity and functionality.
We opt for sleek, creative designs that are functional and convenient for users. The pieces can be packed in a box and then all you need to do is assemble the parts.
And our forest department should have a research section that will come up with smart solutions for supplying raw materials. We tried to bring bamboo furniture to the market as well.
Bangladesh has the perfect climate for growing bamboo. But the outer layer of our bamboo is thinner. If we could bring some bamboo species from China that have a thicker wall, we could use that. So there is a lot of scope for innovation here.
What is holding back the furniture industry the most?
Designers. Prominent architects and designers, around the world, pursue furniture designing as their career. But here in Bangladesh, this profession is still perceived as 'carpentering'.
If we do not realise the importance of local creative designers, it will become a huge issue if we want to export our furniture. South Asian countries share the same kind of aesthetic taste.
But beyond that, if we want our pieces to be bought by Western countries, we will need our own designers. But unfortunately, we have no such institution or even specialised courses to foster furniture designers.
RMG is the top export sector of Bangladesh. And as a result, we have so many home-grown brands, fashion designers that compete in the international arena. That should be the case for our furniture industry as well.


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The Sean Anderson Foundation announced its first annual “Detroit’s On Now” (D.O.N.) Weekend for Thursday, June 21st– Monday, June 25th.
This month I’m bossin up and giving back to the city that gave me so much! Detroit, June 21st – 25th I’m doing the 1st ever DON weekend and going all weekend with events for us all to come together on! pic.twitter.com/yXuK5v5o7M
— Sean Don (@BigSean) June 4, 2018
The weekend event will celebrate the city of Detroit and pay tribute to the local business owners, activists, teachers and churches who make up Detroit neighborhoods and are the backbone of the city.
“I always love giving back to the city that gave me so much. I just want to start the summer off right and invite everybody in Detroit and the surrounding areas to come out and enjoy the festivities.”
said, Big Sean who will kick off the weekend celebration with The Motown Jam, a fundraising event for the Motown Museum in which 100% of the proceeds will go towards the museum’s expansion efforts in preserving the rich history of Motown.
Highlights for the weekend will include the Fashion Mogul Challenge, a Block Party, and the L.I.T.E. fest.
The Fashion Mogul challenge, in partnership with Puma, allows fashion enthusiasts and entrepreneurs to submit their portfolios to be picked and placed into teams to design and pitch custom shoe and apparel concepts to fashion industry experts competing for $25,000 in cash awards and prizes. Submissions are open now through June 11th and participants will be selected on June 14th.
The Block party will be the weekend’s signature event and will include all you can eat food from Coney’s, three-on-three basketball tournaments, a live DJ, and an outdoor Cinetopia movie night. The L.I.T.E. fest will close the weekend with carnival games, food, live performances and fireworks honoring a select group of all-star DPS students.
“As a former teacher myself, I understand the importance of recognizing and celebrating good grades and behavior. Honoring these youths will give them something to be proud of and will hopefully encourage everyone attending to give back to the community in some way.” Said, SAF co-founder, Myra Anderson.
Form more detail on weekend events and for Fashion Mogul Challenge submissions, visit: http://www.donweekend.org/#
For PR Inquiries:
Chelsea Thomas- [email protected] / 424.901.8736
Marisa Martins- [email protected] / 646.278.0932
For Sponsorship Inquiries:
Paul Barker- [email protected] / 313.875.2264 x 226
Sarah Swanson- [email protected] / 248.259.1176


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Digital Music News reports that the Chicago troupe’s manager, Jamie Kitman, told the SF MusicTech Summit that trying to make revenue from the video site was like “finding change in the street”.
OK Go have received widespread plaudits for the use of music videos, including their 2010 promo for ‘White Knuckles’ which featured the band and a collection of well-trained dogs, and garnered over one million YouTube views in its first 24 hours of being posted online.
However, Kitman said that it wasn’t a viable way for musicians to earn a living. “I can speak to an artist who gets a lot of traffic, which is OK Go,” he said. “And I would say that ‘trickle’ is the operative word, in terms of revenue we receive from places like YouTube and VEVO.”
He went on to add:
The YouTube revenue is so small based on how many streams we’ve done that I would say it’s not a business model, it’s like finding change on the street.
Kitman – who added that developing relationships with major advertisers wasn’t an option for “developing bands” who didn’t already have “175 million downloads” – also suggested that musicians weren’t getting the financial benefit of streaming services. “Our old label [EMI] has a deal with VEVO, and perhaps they get paid and then don’t pay us on,” he said.
OK Go aren’t the only musicians trying to find a way of monetizing their art. Yesterday (January 20), Field Music’s Peter Brewis revealed that he only makes five thousand pounds a year from being in a band.


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Sony Corp. will keep some online entertainment services closed longer than it had planned to make sure its systems don’t fall prey to more hacker attacks, a spokesman said today.
The maker of PlayStation Game consoles is still enhancing security on its PS Network, Qriocity and Sony Online Entertainment services, Shigenori Yoshida, a Tokyo-based spokesman, said by phone. Sony shut down PS Network and Qriocity on April 20, and had planned to bring them back online May 8.
Japan’s biggest exporter of consumer electronics is still aiming to restore full service, including purchases of games, music and video, by the end of the month, Yoshida said.
Sony took down the PS Network and Qriocity because of possible data theft on 77 million users. Sony Online Entertainment, a U.S. unit that offers online games, also shut its network May 1 after discovering personal information from approximately 24.6 million accounts may have been stolen.


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I've done a few posts on these fine individuals of "means" that ruined people's employment and bilked their investors of hundreds of millions, if not billions of dollars.
All Criminals are the Same
The Road to Justice is Slow for Aunt Millie
Farewell Mr. Ebbers (Former WorldCom CEO)
Today, I read an interesting press release on how effective Sarbanes Oxley has been.
"Oversight Systems Inc. today announced the findings of the "2005 Oversight Systems Report on Corporate Fraud," a survey of certified fraud examiners. The report explains that most fraud examiners view Sarbanes-Oxley (SOX) as an effective tool in fraud identification, though few think it will change the culture of business leaders."
In the press release fraud examiners were polled on recent cases on whether the defendants were guilty, or not.
"The percentage of respondents who thought the following executives are guilty of the charges against them is listed below:
John Rigas, Adelphia Communications - 95 percent, Jeffrey K. Skilling, Enron - 95 percent, Kenneth L. Lay, Enron - 96 percent, Richard Scrushy, HealthSouth - 93 percent, Martha Stewart Living Omnimedia - 72 percent, L. Dennis Kozlowski, Tyco International - 96 percent and Bernard J. Ebbers, WorldCom - 97 percent."
They also present some interesting statistics on identity theft.
"Identity theft is one of the more prevalent forms of fraud known by the average American. A February 2005 Federal Trade Commission report stated that for the year 2004, the commission received more than 635,000 reports of consumer fraud and identity theft, with identity theft accounting for 246,570 of the complaints (39 percent).
The "2005 Oversight Systems Report on Corporate Fraud" revealed that 22 percent of respondents think the justice system must get tougher on the identification and prosecution of identity thieves. Additionally, 19 percent believe that the federal government needs to pass national identity-theft-protection legislation, and another 19 percent feel regulators and consumers must work together to manage consumer information.
Some respondents believe that individuals are the first and most important line of defense. Taking ownership of one's own personal information was identified by 16 percent of respondents as the best way to reduce identity theft."
The survey was done by 208 certified fraud examiners at a conference for the Association of Certified Fraud Examiners. On one hand, it shows that these issues are very much in the public eye, but I find it concerning that 208 professionals are predicting that the positive changes might only be of a temporary nature.
Of course, being in the business of fraud myself, I would also say that certified fraud examiners make their living off of fraud and this very fact could sway their predictions. After all, it's how they earn a paycheck.
On the other hand, fraud has been on the rise for years and there is still a lot of work to do. Raising awareness and harnessing the collective voice of those, who have, or could be made victims is key to changing laws that will make permanent change.
The full survey can be viewed by clicking on the title of this post.
You can voice your opinion on these statistics by leaving a comment on this post.


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The Skarp Laser Razor is supposed to use a laser to give a close shave with less irritation. And, since its blade lasts a long time, fewer razors would end up in landfills.
The wireless carrier is looking to slash expenses to make sure its business is sustainable for the long term. It says some jobs will probably be affected.
The new model sheds the touchscreen of its linemate, the Hero+ LCD, sliding in under that model, but above the very basic Hero.
The Casabella Cut 'n Slice Pizza Cutter is a dual-bladed cutting tool that can be used for cutting herbs and slicing pizza.
The smartphone landscape has shifted since the last iPhones emerged, and Apple is about to transform it even more.
In honor of Amazon's Emmy wins for its original series "Transparent," a Prime membership will cost new subscribers just $67. But the deal is good only for this Friday.
As Apple unveils new iPhones, its older 6 and 6 Plus models drop by $100 on contract, and the 5S goes to "free." You can't get those gadgets in gold though, or with 128 gigabytes of storage.
A workforce reduction of about 10 percent comes as the Silicon Valley pioneer prepares to split into two separately traded companies later this year.
Responding to a report that it's laying off 10 percent of its staff, Samsung's CFO says the company is simply relocating workers.
The latest updates to the company's Creative Cloud video applications tackle H.265 and HDR editing along with some user-requested features and an improved interface for working on touch devices and trackpads.


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In Might 2016, Instagram released brand-new devices for organization accounts, consisting of company profiles, analytics and also the capability to promote posts as advertisements. To access the devices, services had to connect a matching Facebook web page. The new analytics web page, referred to as Instagram Insights, allowed organization accounts to view top articles, reach, perceptions, involvement and market information.
Projects operated by the British knowledge agency system, called Joint Danger Study Knowledge Team, have generally come under 2 classifications; cyber assaults and also publicity initiatives. The propaganda initiatives make use of “mass messaging” as well as the “pressing stories” via social networks sites like Facebook. Israel’s Jewish Net Defense Force, China’s 50 Cent Celebration and Turkey’s AK Trolls also concentrate their interest on social networks systems like Facebook. Go at this site happy socks heart trunk. Facebook apologies have actually shown up in newspapers, television, post and also on Facebook. On March 25, 2018, leading United States and also UK newspapers released full-page advertisements with an individual apology from Zuckerberg. In January 2020, Facebook launched the Off-Facebook Task web page, which allows users to see details collected by Facebook regarding their non-Facebook tasks. Washington Article writer Geoffrey A. Fowler discovered that this included what various other applications he used on his phone, even while the Facebook app was shut, what various other web sites he checked out on his phone, and also what in-store acquisitions he made from affiliated organizations, also while his phone was entirely off.
On March 23, 2018, The English High Court approved an application by the Details Commissioner’s Office for a warrant to look Cambridge Analytica’s London workplaces, finishing a standoff in between Facebook and the Details Commissioner over obligation. Check over happy socks father son here. On June 7, 2018, Facebook introduced that a pest had led to about 14 million Facebook customers having their default sharing setup for all new articles set to “public”. In 2010, the US National Safety and security Firm started taking openly uploaded account details from Facebook, to name a few social media sites solutions. This excluded using third-party solutions with Facebook integration, which was formerly counted.
YouTube 360 can additionally be viewed from all other online fact headsets. Read page happy socks zlote tarasy. In May 2013, creation of online streams was opened up to confirmed customers with at the very least 1,000 customers; in August of that year the number was minimized to 100 subscribers, and also in December the limit was removed. In February 2017, online streaming was presented to the main YouTube mobile app.
The restriction was raised on May 27, 2010, after the web site got rid of the unacceptable material from its web servers at the demand of the government. Nevertheless, individual video clips regarded offending to Muslims uploaded on YouTube will certainly continue to be blocked. Pakistan once more placed a restriction on YouTube in September 2012, after the site rejected to get rid of the film Virtue of Muslims, with the restriction still in procedure since September 2013. The ban was lifted in January 2016 after YouTube released a Pakistan-specific version. Morocco obstructed gain access to in May 2007, perhaps as an outcome of videos vital of Morocco’s occupation of Western Sahara.
While around 270,000 people made use of the app, Facebook’s API permitted data collection from their buddies without their understanding. In the beginning Facebook downplayed the importance of the breach, and recommended that Cambridge Analytica no longer had gain access to. Facebook after that provided a statement sharing alarm and also suspended Cambridge Analytica.
Inner Information Magazines.
In 2007, Facebook introduced Facebook Pages for brand names and also celebrities to connect with their fanbase. In June 2009, Facebook introduced a “Usernames” feature, allowing customers to pick an unique label utilized in the LINK for their personal profile, for simpler sharing. Facebook used a mix platform based upon HBase to store information throughout distributed devices. Utilizing a tailing architecture, events are kept in log data, and the logs are trailed. The BBC noted that this was not likely to influence the firm as the majority of Facebook’s advertising and marketing revenue comes from little- to medium-sized organizations. In March 2019, the criminal of the Christchurch mosque capturings in New Zealand made use of Facebook to stream live footage of the attack as it unravelled. Facebook took 29 minutes to detect the livestreamed video clip, which was eight minutes longer than it took police to arrest the gunman.
Barnes & Noble’s posting business got its beginning by reissuing low-cost versions of out-of-print books, as well as made a push to increase the system in 2003. The firm saw success the list below year; in September 2004, its publication, “Hippie,” got to The New york city Times Best Seller listing. In March 2020, Barnes & Noble revealed that they would momentarily quit offering publications and also, likewise temporarily, close 400 of their 620 stores as a result of the COVID-19 pandemic. Around 12 B&N stores were shut permanently because Elliott Advisors’ purchase as well as Intimidate plans to transform the procurement process, with first frontlist orders being made centrally and in smaller numbers than in previous years.
Halamanlainnyamerekpakaian (merek) Delighted Socks.
Facebook partnered with ABC and Saint Anselm College to enable customers to provide real-time feedback about the “back to back” January 5 Republican as well as Autonomous arguments. Facebook individuals took part in dispute groups on specific subjects, citizen registration and also message concerns. Over the last few years, Facebook’s News Feed algorithms have actually been identified as a root cause of political polarization, for which it has actually been slammed. It has similarly been implicated of amplifying the reach of ‘fake news’ and severe viewpoints, as when it might have enabled conditions which brought about the 2015 Rohingya refugee situation. Teacher Larry D. Rosen mentioned that young adults on Facebook display even more conceited propensities, while young people reveal indicators of antisocial actions, mania and aggression.


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A video game holding company Take-Two Interactive confirms they still ee 1 million active unique users play Borderlands 2 every month.
During the earnings call, Take-Two has confirmed reaching new heights in light of the upcoming Borderlands 3 release in September 2019. It was also stated that the whole series has now been sold for over 43 million times.
The gamedev team says that the game is still being popular with players. Every month they see 1 million active unique users playing the game. The number is really huge considering that the game was released in 2012.
What we have now is that the game will:
- have four story-based DLCs
- have special events & raids
- be available for Xbox One, PS4, and PC
This information is confirmed by lead designer Matt Cox.
The game will be available at E3 and we’ll definitely get more details by around this time. Let’s see what other heights Borderlands 3 is going to reach. Stay tuned!


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Unemployment 'lowest since 1975'
UNEMPLOYMENT fell to its lowest levels for nearly 27 years last month despite the continuing economic uncertainty, figures out today showed.
The office for National Statistics said the number of people claiming unemployment benefits fell by 6,400 in August to 943,300. Claimant count unemployment was last lower in October 1975 and it has now fallen by 10,100 in the past 12 months.
Despite a wave of job cuts in the recession-hit manufacturing sector, consumer spending has boosted other areas of the economy such as retail and construction.
The ONS said that while there were 155,000 fewer jobs in production industries than a year ago, the number of service sector jobs was up 166,000.
The Government's preferred International Labour Organisation unemployment measure, which shows the total number of people looking for work, rose by 7,000 in the three months to July to 1.56m.
Average earnings growth in the year to July edged up 0.1% to 4% on higher wage growth in the public sector.
The ONS added that the local authority one-day strike action in July saw 521,000 working days lost in the month - the largest number for 13 years.
Most watched Money videos
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London-based Creative Legals, led by renowned legal expert Julie Condliffe, has announced the launch of a groundbreaking ‘No Sale, No Fee’ legal pack preparation service.
This initiative will provide crucial support to sellers navigating the complex landscape of the UK property market, which has been marked by recent challenges such as the Renters Reform Bill, rigorous rental regulations, diminishing tax-free allowances, and soaring interest rates which have led to a remortgage crisis.
A four-times bestselling author, Julie Condliffe has more than 20 years of experience as a property investor and specialist property litigation solicitor. She recognised the need for a comprehensive solution to assist the many people in the UK who are trapped with properties they urgently want to sell in a less-than-favourable property market.
Talking about the new service, she says, “Recognising the urgency and importance of addressing these issues, Creative Legals has developed the ‘No Sale, No Fee’ service to provide sellers with a comprehensive solution.
“This legal pack offers sellers the peace of mind that they can proceed with selling their properties without incurring any upfront costs. Our team of experienced legal professionals will meticulously review and prepare the necessary legal pack to ensure a smooth and successful sale, even in the face of challenging market conditions.”
With the property market no easier to navigate for buyers than it is for sellers, buying can be just as stressful. Julie and her team are proud to introduce a fixed-fee auction legal pack review service, offering invaluable insights and guidance to property buyers as well. This service allows buyers to make informed decisions based on expert advice, avoid pitfalls, and ensure a stress-free purchasing experience.
“The UK property market is challenging, and trying to buy or sell property without the proper expertise can be a daunting task – as well as putting people at risk of losing a substantial amount of money. Our goal is to provide tailored support to both sellers and buyers, addressing the unique demands of the current property market,” Julie Condliffe adds.
“We believe in offering not just legal services, but comprehensive solutions that align with the needs of our clients.”
For more information, visit https://creativelegals.co.uk


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Capcom US comms boss Chris Kramer has called Resident Evil 5 a "new direction" for the franchise, and said that previous games, characters and storylines in the series should be seen as "act one" of the series.
RE5, said the exec, was Capcom "starting afresh" with the property.
"It's a really good time for new players to jump in, because what we're doing is kind of waving goodbye to a lot of storyline elements from, essentially, act one of the Resident Evil franchise," Kramer told the Major in his latest podcast.
"Resident evil 5 is really setting the franchise up for what's going to happen now going forwards, so establishing new characters and storylines, and pretty much a new direction for the game."
He added: "If you're late to the party and you haven't been playing the games for the past 15 years, all you need to know is that the game's a lot of fun and just filled with action, so you don't have to worry about the plot, as we're kind up picking up and starting afresh."
Resident Evil 5 is a fairly dramatic departure from previous Resident Evil games, focussing on co-op and action over traditional "survival horror".
The title launched in the West last week.


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What started with a teaser post on Twitter has turned into a full blowout of information regarding NHL 15 from EA Sports. The day began with the release of the very first trailer for the upcoming release of the only NHL game on the market.
The trailer is short — 49 seconds — but it does give fans plenty of information, the biggest being the fact that the game has an all new commentary team with Mike “Doc” Emrick taking over for Gary Thorne as the leading play-by-play man.
Check out the teaser trailer for yourself below.
NHL 15 releases this fall on Xbox One, PlayStation 4, Xbox 360 and PlayStation 3.
Want to get the latest news wherever you may be? Download the official Fansided App on the AppStore or Google Play Market today to stay up-to-date on the latest news, rumors and analysis from Fansided without even being at a computer. You can also sign up for our newsletter below to get daily updates send straight to your e-mail. And make sure you follow @FanSidedTech on Twitter for the latest tech & gaming news, rumors, and analysis!


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Raining Rose, Inc. (asi/80489) has acquired Solar Advertising, Inc. (asi/88148), a promotional lip balm supplier from Fort Collins, CO. Based in Cedar Rapids, IA, Raining Rose made the acquisition as part of an effort to expand business in the western United States.
In announcing the deal Monday, Raining Rose said it will be incorporating Solar Advertising’s lip balm offerings, which include Natural LipFusion and Natural SugarBalm. Principals and employees from Solar Advertising are joining Raining Rose as part of the transition. Solar employees will continue working out of the Colorado office, with Solar President Lindsey Whitney managing customers that previously worked with the Colorado-based supplier.
Chuck Hammond, CEO of Raining Rose, said the combined suppliers share a mutual passion for delivering high-quality lip balm, as well as the same vision about how to provide customers with outstanding service.
“We’re very excited to be working with Solar Advertising,” said Hammond. “We look forward to showing Solar Advertising clients what Raining Rose has to offer in both an expanded product line and an expanded service staff.”
Whitney offered similar sentiments. “Our complementary goals and values made for an easy decision when looking at the future of Solar Advertising,” Whitney said. “While much of our customer experience will remain the same, I am excited about the added benefits and services this acquisition will bring.”
Raining Rose manufactures lip balm and other natural body care products, including USDA-certified organic items, at a 127,000-square-foot facility. The fast-growing company engineered sales growth of 153% between 2011 and 2015. Inc. magazine has recognized Raining Rose eight times on its Inc. 5000 list, while the Initiative for a Competitive Inner City has included the supplier on its Inner City 100 list 10 times.


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Scammers are usually responsible for poor individuals thousands of dollars but it is quite rare for a scam to make $1.1 million. The Michael Saylor giveaway scam, however, stole 26 BTC from a victim.
With the vast amount of legitimate projects out there, there are a few scams still existing in the cryptosphere. One of these scams is the Michael Saylor giveaway scam which recently received 26 BTC from a victim.
Michael Saylor Giveaway Scam
As per Mr. Whale on Twitter, the scam is regarded as the single largest payment ever made to a fake Michael Saylor giveaway scam. The TXid shows that the scammer got a massive 26 BTC or $1,140,567 through five payments at an average of $228,113.
The scam works like many other scams wherein victims send their money with a promise of a return or something for them to benefit from. After sending their money, they will no longer be able to retrieve it.
Scammers Targeting Crypto Owners
With previous scams usually accepting gift cards, the more modern scams target BTC and other cryptocurrencies due to them being easier to send and untraceable. Since victims can easily send over BTC directly to the scammer’s wallet, this eliminates the need for them to exchange the stolen goods into cash as they would with gift cards.
With crypto becoming more and more popular, aside from the conventional rugpull wherein the project runs off with the investor’s money, there are also other classic giveaway scams. Like the scam, these types of scams usually promise returns proportional to what victims put in.
Not the First Large Michael Saylor Giveaway Scam Victim
One common feature of these scams are that they are usually too good to be true and promise insane amounts of returns. An article by Yahoo Finance reported back in November that a certain user got scammed out of $179,000 in BTC to the same Michael Saylor giveaway scam.
As per the report, the scam was a “confirmed” giveaway scam which impersonated the chief executive officer of MicroStrategy, Michael Saylor. Aside from Michael Saylor, there are also other popular personalities being used to initiate these types of scams like Elon Musk and even other government agencies.
These types of frauds usually make an effort to disguise themselves as reliable popular figures to gain the trust of their victims. Of course, one of the best ways to tell if something is a scam, aside from doing research, is that if it sounds too good to be true, it most probably is.
In order to avoid falling victim to scams like the Michael Saylor giveaway scam, it is important to verify them first before sending money no matter how urgent or “once in a lifetime opportunity” they sound. These scams usually promise astronomical returns and make victims feel like they are missing out if they don’t invest right away.


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Keep your Apple iPhone XR safe with this LifeProof SLΛM case. Its inner molding prevents dirt and grime from getting onto your device, and the reinforced construction protects your phone against damage from up to a 2-meter-high drop. This LifeProof SLΛM case has open ports for unrestricted access to controls and features.
MetroPCS’ version of the Score, renamed the ZTE Score M, still doesn’t have a front-facing camera, but it’s equipped with the same 3.5-inch touch screen. On top of the device is a 3.5mm headphone jack, which will come in handy if you choose to subscribe to MetroPCS’s music portal, Rhapsody Unlimited. The micro-USB port on the left side of the device is protected by a small plastic door. The ZTE Score M is 0.54-inch thick, but only weighs 4.8 ounces. It looks bulky, but doesn’t feel too heavy in the hand SLΛM Case for Apple iPhone XR – Coral Sunset.
The most popular home wireless routers are easily hacked and there’s little you can do to stop it, says a new study by research firm Independent Security Evaluators. The Wi-Fi router you use to broadcast a private wireless Internet signal in your home or office is not only easy to hack, says a report released today, but the best way to protect yourself is out of your hands. The report, written by research firm Independent Security Evaluators of Baltimore, found that 13 of the most popular off-the-shelf wireless routers could be exploited by a moderately skilled adversary with LAN or WLAN access. It also concludes that your best bet for safer Wi-Fi depends on router vendors upping their game. All 13 routers evaluated can be taken over from the local network, with four of those requiring no active management session SLΛM Case for Apple iPhone XR – Coral Sunset. Eleven of the 13 can be taken over from a Wide-Area Network (WAN) such as a wireless network, with two of those requiring no active management session..
Guy Ben-Artzi, Founder of Real Dice and CEO of Mytopia. Jason Devitt, CEO of Skydeck. Gannon Hall, CMO of Kyte. Sam Altman, CEO of Loopt. Marc Davis, chief scientist, Yahoo mobile group. Omar Hamoui, CEO of AdMob SLΛM Case for Apple iPhone XR – Coral Sunset. Richard Wong, partner at Accel. Andreas Weigend, former chief scientist, Amazon. Mike Rowehl, chief architect, SkyFire. Mary Ann Cotter, CEO Cooking Capsules. John Faith , GM and VP of Mobile for MySpace. At a Mobile Web Wars Roundtable held by TechCrunch more than 20 mobile wonks discussed that state of mobile platforms. The iPhone was an object of adoration but not a big enough market to merit full attention..
CNET también está disponible en español. Don’t show this again. Since I am facing this very issue right now, I decided to ask my own question and share my thought-process with my Ask Maggie readers. The things we do for love SLΛM Case for Apple iPhone XR – Coral Sunset. Over the holidays, my boyfriend Mark proposed to me under the big Christmas tree in Rockefeller Center. It was very New York and very romantic. Since then, there’s been lots of talk about wedding venues, churches, photographers, and guest lists. Most recently, we’ve gotten into the really heavy topics, such as finances. Will we combine our bank accounts? Who will take care of the bills? And since my wireless contract with AT&T is up in March, we wondered if makes more sense for me to switch from my individual AT&T service plan to join a family plan on Verizon Wireless where Mark is already a subscriber..
The Federal Communications Commission will decide next Thursday, Oct. 12,whether landlords can be required to open their buildings totelecommunications competitors. Wireless companies such as Winstar andbroadband providers such as RCN want access to multi-tenant buildings atreasonable rates SLΛM Case for Apple iPhone XR – Coral Sunset. Landlords, however, maintain the government doesn’t havea right to mandate access, and many are seeking to protect exclusivecontracts with carriers such as Bell companies. The FCC postponed a vote on this issue atits September meeting, in part over a dispute regarding the Commission’sjurisdiction..


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A bill in Harrisburg would have state restaurants and grocers pay into a licensing fund to market their agricultural products as Pennsylvania-grown.
State Representative Tom Houghton says his legislation would continue the PA Preferred Program by requiring these institutions contribute $100 per food item to be licensed as “PA Preferred.”
A blue keystone badge would signify that the product or menu item was grown and harvested in Pennsylvania.
This program started in 2004, and Houghton says that it has since seen enough success to warrant continuation.
“I wouldn’t call it a craze, but there certainly is a demand, I would think, to buy food that is local,” says Houghton. “Agriculture is the number one industry in Pennsylvania.”
Houghton says the program is essentially a marketing campaign that helps both the producer and the consumer.


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Startup communities have a culture that extols grit and perseverance, and San Diego’s tech scene is no exception.
Plastered on the walls of local coworking spaces and incubators are words like “hustle” and “reach higher.” The message is clear: work harder, work longer, never stop trying.
Olin Hyde, founder and CEO of San Diego startup LeadCrunch, describes the culture he ascribes to most succinctly, “You have to eat nails for breakfast and enjoy the taste of your own blood,” Hyde said, sitting in a conference room at downtown’s tech incubator EvoNexus.
The high-pressure culture around technology startups can be trying on young or inexperienced founders, said startup community leader Ashok Kamal, executive director of Tech Coast Angels in San Diego.
“The entrepreneur is always putting on a façade that they’re crushing it all the time,” Kamal said in a recent fireside chat at Startup Grind. “But that’s not how it is. Startups are constantly between miracles and disasters, and that’s just in one day. It’s extremely exhausting. A lot of people are depending on (the founder); their customers, their employees, their investors. That’s a lot of pressure.”
How do local entrepreneurs navigate these pressures? Kamal, a former founder himself, said personally it helps him to join peer groups for the support.
However, these groups are not open to the public. Here are three support groups for local entrepreneurs that are open. These groups focus on discussing common challenges that arise in startup life, and serve as a peer-to-peer support network for entrepreneurs.
Founded by tech CEO Drew Wilson, founder of Plasso, Shape is a free and public meetup for startups. The meeting is open to everyone, from engineers and designers to the founders themselves. The group meets at Common Grounds in Carlsbad on the last Thursday of every month from 6-9 p.m. Learn more here.
2.) Startup Grind
Startup Grind, a national group that has a local chapter, is a speaker-oriented group that meets once a month to chat founder problems. The meetings usually bring in a guest for a fireside chat, culminating in a Q&A session. The local chapter’s new president, Brandon Christopher, is passionate about focusing on “real problems” facing founders. His discussions have touched on depression, anxiety, and founder breakups. Learn more here.
3.) North County Founder Drink Up
Founded by startup community leader Neal Bloom, “Founder Drink Up” is a new monthly meeting for entrepreneurs to discuss startup life in North County. The group is a bit of a spinoff from a more exclusive group downtown, called the “Founders Drinking Club.” The exclusive group is invite-only, said group organizer Kamal. “You have to be referred in by another founder since we want to maintain a safe, honest space,” Kamal said in an email. “No pitching, but crying is permitted.”
Bloom’s meetup in North County is open to the public. Learn more here.
(This list is not comprehensive. Please contact Brittany Meiling at firstname.lastname@example.org to add a local support group to the list.)


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A new study from the Center for Disease Control and Prevention shows that more than 2.5 million middle and high schoolers have used an e-cigarette in the past month.
In the study released Thursday, the CDC reports that of the 2.5 million students, nearly half of the students surveyed used e-cigarettes on 20 or more of the past 30 days.
Dr. Pushan Jani, an associate professor at the McGovern Medical School at UTHealth, said hospital admissions in Houston reflect these numbers, and that it is believed 1 in 5 kids in Houston have tried vaping.
“We are taking care of more and more patients with EVALI,” Jani said.
EVALI, or E-Cigarette or Vaping use-Associated Lung Injury, is defined by the American Lung Association as a newly named disease after the increase in severe lung illness cases related to e-cigarette and vaping products.
Jani said that over the past few years, many newer e-cigarette brands are cheaper and can be used for longer periods of time.
“They are available online without any legal repercussions from any government agencies,” he said. “Even though there are laws in place for in-person sales.”
Jani added that many websites that sell e-cigarettes do so without requiring any age documentation. He said parents should talk to their kids to make sure they understand the risks of e-cigarettes.
However, Jani also warned that confrontation may not always be the answer. He said some kids may need therapies to help them quit these products.
“Sometimes they may need Quit Therapies that we use for cigarettes,” he said. “Nicotine can be very addictive. Kids can get hooked onto this within 2 or 3 days of using it.”


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Montreal is swiftly rising a name of being a hub for knowledge centre task, with the highest 3 public cloud suppliers – Amazon Internet Services and products, Microsoft Azure, and Google Cloud Platform – putting in place store within the area.
It’s one thing ROOT Data Center president and CEO AJ Byers is aware of slightly about. The Canadian corporate used to be based in Montreal in 2014 with two knowledge centres and has observed town blossom into one of the vital highest possible choices for knowledge centres in North The usa during the last 24 months. Now not handiest is the cost of electrical energy not up to different spaces, the province’s general naturally cool local weather provides knowledge centre operators much-needed value aid as smartly.
“Up till about two years in the past, everybody believed that in the event you’re going to do industry in Canada, it must be in Toronto,” Byers tells CDN. “The pricing available in the market on the time used to be such that the price of electrical energy didn’t play a big an element within the general worth of knowledge centre services and products, however that temporarily modified because the trade turned into extra aggressive, each in Canada and world wide. Montreal has one of the most least dear energy in all of North The usa, aided via its cooler temperatures, and that’s attracted one of the most greatest world cloud suppliers.”
Montreal’s local weather is helping build up the potency of cooling platforms for the computing techniques housed in knowledge centres, which generate a vital quantity of warmth. There’s an idea referred to as energy usage effectiveness (PUE) within the trade, Byers explains, which measures what number of kilowatts of calories are had to run a facility and funky it for each and every kilowatt used in line with laptop.
“Over the past collection of years, we’ve observed PUE change into a vital part for knowledge centres as it drives the online value of the carrier for plenty of large-scale suppliers. Root has carried out a loose air cooling generation gadget to power down our PUE to one of the vital lowest PUE’s on this planet, and that’s as a result of we’re in Montreal. It in the end drives down value whilst being energy-conscious,” the manager of one in every of Canada’s greatest knowledge centre suppliers issues out.
He provides that the majority large-scale corporations also are on the lookout for tactics to be greener and extra environmentally-friendly, which is any other field ticked via Montreal. Over 97 in line with cent of energy produced in Quebec is renewable due to an abundance of hydroelectricity and wind, and the province could also be known as having one of the most reliable systems in the world via the North American Electrical Reliability Company.
Town’s shut proximity to world-class towns like New York or even Europe around the Atlantic has additionally boosted its profile. ROOT owns one of the vital greatest knowledge centres in Canada, a 50-megawatt facility roughly 15 mins clear of Montréal–Pierre Elliott Trudeau Global Airport for ease of get admission to.
And with new or rising applied sciences sweeping the globe, Montreal has solidified itself as a tech hotbed as smartly. The Montreal Institute for Learning Algorithms not too long ago opened its doorways, as an example, and is main the best way in synthetic intelligence analysis. Its experience appears to be rubbing off; ROOT has begun the usage of AI to regulate its huge facility and proactively sense any problems with its turbines. Whilst now not a Canadian corporate, Root has partnered with the San Jose-based startup Litbit for the project and makes use of its AI Personas, which pay attention and discover ways to increase the information centre’s core upkeep program.
“While you construct a 50-megawatt knowledge centre, you find yourself with 80 turbines surrounding the power to ensure an influence outage by no means brings it down. However nobody operator can bodily move and observe all the ones turbines successfully, in order that’s why we grew to become to AI. I’d say it will possibly pay attention issues that the human ear would by no means pay attention and previous, too; it’s higher and sooner at catching issues and alerting technicians than if an operator used to be status beside a generator,” Byers says.
He believes tech like AI will lend a hand the information centre trade keep growing transferring ahead. Byers is a 20-year veteran of the sphere and says the marketplace in Canada has grown yearly consistent with world enlargement charges – if now not somewhat sooner – and particularly picked up within the ultimate 3 years.
Technavio’s market research predicts the worldwide knowledge middle marketplace will develop at a compound annual enlargement charge of as regards to 11% between 2016 and 2020. That is largely due to the shift to cloud ecosystems and clear of conventional on-premise generation.
“We’ve observed an enormous transition from what used to be conventional generation deployment via maximum companies to the massive adoption of cloud generation, which has supposed the information middle has in reality shifted from the small retail implementations to extra greater scale generation corporate implementations. The scale of alternative for cloud corporations and answer suppliers, whether or not hyperscale or mid-tier, has gotten and can proceed to get a lot greater,” he foresees.
As CDN coated in its February digital magazine, 2018 is the 12 months cloud is going mainstream, and ROOT unquestionably appears to be proving this level.
Modernizing healthcare technology for today’s needs and tomorrow’s possibilities


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The future of sustainable materials
Tuesday 21th – 11 :30 am – Talks room
Free Access upon presentation of your badge
What apparel is made of matters. Today’s most innovative brands are developing alternatives to popular but environmentally harmful materials and using recycled fabrics to cut back on waste in a bid to be more sustainable. Reforming production processes isn’t easy – the brands that do it best have sustainably minded missions built into their core ethos. From these industry leaders, brand executives can learn what it takes to improve the materials they use in their supply chains, how much they can expect it to cost and what the long-term implications are for practices like eliminating plastic and upcycling used garments. In this session, Hana Kajimura, head of sustainability at Allbirds, and Megan Meiklejohn, sustainable materials and transparency lead at Eileen Fisher, will discuss what they’ve learned from their work in the space and what the industry should know about sustainable material innovation.
Talk moderated by Hilary Milnes Features Editor at Vogue Business.
Vogue Business is a new digital industry publication that draws on insights from Condé Nast International’s network of journalists in 31 markets to offer a truly global perspective on fashion. Get the Sustainability Edit by Vogue Business straight to your inbox every Thursday here.


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The SA coronavirus shopping list: here’s what sold out when Covid-19 hit elsewhere
- Other countries were struggling with the novel coronavirus well before South Africa – so we've had some glimpses of the future.
- These are the items that were highly prized – and in some cases ran out – in other countries when Covid-19 fears caused heavy buying.
- Products for symptomatic relief of symptoms of the flu or common cold were popular, but it was often toilet paper that ran out first.
- For more stories go to www.BusinessInsider.co.za.
In Australia it was toilet paper, in Italy it was pasta, and in the US hand sanitiser went first.
In various parts of the world hit by the novel coronavirus, people rushed to stores to stock up on what they considered to be essential supplies.
Though the only dire shortage was in face masks, supermarket supply chains had trouble keeping up with demand, causing further stock-runs as the sight of empty shelves stirred mild panic.
In the UK, major retailers considered scaling back on the range of products they supply to reduce the complexity of logistics, while focussing on keeping in stock the basic staples most required. In Australia stores rationed toilet paper, and in India the government banned the export of some pharmaceutical ingredients.
If you are concerned about shortages in South Africa due to Covid-19 panic-buying, here's what we saw in the rest of the world.
Woolworths in Australia implemented toilet-paper rationing, and saw a stampede at one Sydney store. It was not the only retailer to see people go crazy for toilet paper – for no particular reason.
While Australia imports toilet paper from China, and there are legitimate fears of a disruption to those supplies, most of what it uses is made in-country, and there was no sign of shortages at supermarkets, never mind at warehouse level.
(A national association of plumbers in Australia warned consumers not to replace toilet paper – designed to break down and not clog pipes – with even "flushable" wipes, which risk causing blockages.)
Antiseptic and disinfectant wipes, and waterless hand cleaner
In parts of the United States the Costco chain, the equivalent of SA's Makro, reported trouble keeping up with demand for the kind of cleaning supplies that could help stave off infection: hand wipes, waterless hand cleaner, and the like.
The same thing happened in the United Kingdom – though attempts to sell hand sanitiser at 10 times the usual price seemed to be largely limited to Amazon.com.
Manufacturers quickly ramped up production, but were unable to keep ahead of hoarders.
Rice, pasta, and tinned food
Shelf-stable foods, particularly canned foods of various kinds and pasta and rice (in parts of the world where that is the equivalent of maize meal) saw runs on supplies in various countries once isolation measures were announced, and in some cases as soon as initial positive tests for the Covid-19 virus were announced.
Frozen foods were also popular in various countries that saw panic buying – but presumably South Africans will be weary of anything that requires electricity to store, with the ever-present risk of load shedding.
Paracetamol and a handful of other drugs
It was government intervention, rather than consumer panic, that caused trouble when it came to a handful of drug types, including a few that can provide symptomatic relief for a mild case of Covid-19, such as paracetamol.
In early March the Indian government banned the export of a list of pharmaceutical ingredients, causing fears of widespread drug shortages because the sheer size of India's generic drug exports. The list includes antibiotics and anti-virals.
But the Indian move seemed triggered by a drop in exports from Hubei, the Chinese province that houses Wuhan, rather than the expectation of a big increase in demand for the drugs. It nonetheless led to stockpiling in various parts of the world.
Also popular in some part of the world were zinc throat lozenges, which though not recommended for even symptomatic relief in coronavirus infections seems to have some benefit when taken for the common cold.
Face masks – even though their utility is limited
In many Asian countries, face masks of various kinds were the first thing to run out after Covid-19 outbreaks – after long queues and fights between desperate shoppers.
Occasionally desperate attempts by health authorities to stop the general public from buying masks did nothing to stop such buying elsewhere in the world.
South Africa does not have a culture of wearing a mask when you have an infectious respiratory disease (which is far more effective than trying to protect yourself against illness by wearing a mask), but that could change if local companies follow World Health Organisation recommendations to make masks available in workplaces.
More on office hygiene - here.
More on hand hygiene - here.
More on Covid-19:
- You will now pay up to R150 for a mask in SA due to coronavirus – and it may not work
- A fist bump – instead of a handshake – can reduce your chance of bacterial transfer by up to 90%
- A US survey says 38% of drinkers won't touch Corona because of Covid--19 fears
- Coronavirus: Amazon tells its giant network of truck drivers to stay home if feeling sick
- Between 40% and 70% of adults worldwide could get the coronavirus, Harvard expert says


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The online coupon and daily deals company, Groupon, has sued two former sales executives in a breach of contract case and claims the executives will eventually apply confidential information gained from their time at Groupon to their new positions at Google Offers. Google Offers is a similar internet-based daily deals site created by Google.
Groupon sued the two former sales executives arguing the two workers will eventually disclose trade secrets relating to how Groupon structures and prices deals. The daily deals company also believes the former workers will reveal Groupon’s sales and marketing strategies as well. Groupon claims the information will allow Google Offers to immediately compete against Groupon which regards itself as “the innovator of deal-of-the-day websites.”
In November 2008 Groupon began in Chicago and has expanded since that time to 175 markets across North America and to 43 different countries. Groupon has faced rising competition from similar deal sites including Google Offers, but Groupon remains the market leader in online deal sites.
Groupon claims the two former sales executives breached their employment contracts, which prohibited them from working for a competitor for two years. Under the contracts Groupon argues the former employees agreed to protect confidential information for 24 months after leaving the company. The two former employees left Groupon in September to join Google Offers. Groupon argues Google Offers attracted the workers by offering more pay.
Google Offers was created after Groupon rebuffed Google’s offer to purchase Groupon for $6 billion last year. Groupon is slated for an initial public offering some time this year and hopes to raise $540 million. Google is not a party to the lawsuit.
Source: courthousenews.com, “Groupon sues execs who fled to Google,” Iulia Filip, Oct. 26, 2011


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ISTANBUL--(BUSINESS WIRE)--Lifecell Ventures, introduces a new era in money transfers via its IP based communication application BiP, which also allows individual or group instant messaging, voice and video calls, as well as location sharing and gaming features. BiP, as a digital communication and life platform now allows it’s users to transfer money as quickly and easily as sending an instant message.
Turkcell (NYSE:TKC), (BIST:TCELL) Group’s company Lifecell Ventures introduces a new era in money transfers via its innovative IP based communication application BiP. The platform that allows individual or group instant messaging, voice and video calls, as well as location sharing and gaming features in 192 countries, is to offer another innovative feature: you can now send money via BiP as quickly as sending an instant message. BiP users now have the ability to send money using mobile phone numbers via its money transfer feature without the need of an IBAN or account number.
Turkcell CEO Kaan Terzioglu, said that BiP is continually evolving with new features and continued: “As BiP, we launched many features including video chat, instant location sharing and push-to-talk earlier than many global rivals. BiP now offers an innovative feature which allows video conferencing between up to 6 people. Money transfer, our brand new feature, is another breakthrough in the industry. BiP now allows money transfer as easy as sending an instant message. BiP, developed by Turkcell engineers, is taking firm steps to being a global brand. BiP will also offer new features including two phone numbers, home and office phone and fax number soon. With these new features, BiP will continue to draw attention on a global scale.”
About Lifecell Ventures:
Lifecell Ventures provides a brand new digital experience to consumers worldwide with its digital communications, entertainment, music, TV and e-commerce applications as well as cloud solutions.
In line with Turkcell Group's vision of broadening the definition of telecommunications into the digital space, Lifecell Ventures expands Turkcell Group's digital footprint globally.
Lifecell Ventures achieves this by launching new offerings, accelerating Turkcell Group's OTT activities, and making strategic alliances. Through its partnerships, Lifecell Ventures enables telecom operators to compete more effectively.
Read more at www.lifecellventures.com
BiP is a social networking application that provides not only to communicate with people but also with brands and content providers. BiP has been used in more than 192 countries thanks to its unique features such as follow me, HD photo sharing, secret message, push to talk, money transfer, high quality call capabilities and etc…
Download BiP at http://mobiltr.co/BiP


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Manage episode 403370959 series 3375277
This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
Wisetech hits new high
Woodside earnings tumble
Coles leads profits
Morrison’s last day
Bitcoin hits 2yr high
See omnystudio.com/listener for privacy information.


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The main reasons for the Bitcoin price rise in future
Bitcoin has become one of the most valuable assets today. In almost 10 years it has gone from nothing to being crowned the new digital gold, worth thousands of dollars. Bitcoin’s extreme price rise has come as a big surprise for many people but not for BTC enthusiasts. They believe that it will eventually overcome fiat and become the primary currency in the world. At the very least, Bitcoin has slightly made good on their projections by managing to become what many consider to be a digital equivalent of gold.
Over the course of time, the price of Bitcoin has surpassed the shares of countless companies. But here comes a question — what really drives the price of Bitcoin and why will it rise in the future?
The trade war between the US and China
The tension between China and the USA seems to be playing to the advantage of Bitcoin enthusiasts. The price of the cryptocurrency rose by 25% when Donald Trump announced that he would raise tariffs on Chinese imports. At the same time, the Yuan has subsequently fallen to a six month low.
Also, there have been signs that Chinese investors are moving their funds to Bitcoin. This has been backed up by exchange data. According to Dr. Garrick Hileman, BTC prices are trading at a premium on popular Chinese exchanges like Huobi.
The correlation between Yuan and BTC can be seen in the diagram below. It has become more evident in April and May and as the tensions ratcheted up with the weakening of U.S.-China trade relations.
The Bitcoin price rise has coincided with major events and announcements of the trade war:
- May 13 — China announced a tariff increase on $60 bln. worth of American goods. Bitcoin surged 139%.
- June 25 — the US planned to delay extra tariffs on Chinese goods. Bitcoin rose by 40%.
- August 13 — the US delayed setting extra tariffs on Chinese goods because of health, safety, national security and other reasons. BTC rose 123%.
The institutions are behind the wheel of mass adoption and will be the main driver of Bitcoin’s rise in the future. CME notes that the demand for Bitcoin futures among financial institutions is only increasing. Companies which previously were bearish towards cryptocurrencies have been showing much more interest in these assets as a new, legitimate financial tool.
Also, the most anticipated event in the industry is about to happen — the launch of Bakkt’s exchange for institutional investors.
Bakkt has been previously postponed several times and needed more time to meet all regulator’s requirements. As a result, Bakkt will be the very first cryptocurrency exchange fully operating in accordance with all current financial regulations in the US.
Why is that so important? The main obstacle for companies and financial institutions looking to enter the cryptocurrency field was its lack of a regulated environment. Bakkt opens the door to bigger financial players and we can expect a big influx of money into the industry which in turn could lead Bitcoin’s price rising further. You can read more about the effect of Bakkt on Bitcoin and the industry as a whole on our blog.
A decreasing supply
There will only ever be 21 million Bitcoins. The issuance of Bitcoin is limited and can’t be increased by printing like fiat money at a bank. Currently the amount of free Bitcoins is increasing — which is shrinking the supply.
There are more holders and the graphic chart below clearly represents this trend.
The coloured bands represent how many Bitcoins haven’t been spent or moved to another address in a certain time frame. The blue band represents the supply which hasn’t moved for 5 years. Currently 20% of all the Bitcoin supply has been held onto for dear life for many years.
While the number of coins is only growing, the available amount of coins is decreasing. Which increases the demand for Bitcoins thereby increasing the price.
The halving is on its way
In May 2020 the Bitcoin mining block reward will be decreased from 12.5 to 6.25 BTC. The number of Bitcoins mined by miners will be reduced. The previous halving in the summer of 2016 caused a significant price pump for BTC a year before the event happened.
PlanB, a well-known Bitcoin market analyst, believes that traders will not wait this time around for the expected reduction in supply.
Front running would be in line with Efficient Market Hypothesis: if you believe S2F and that BTC will be $50k May 2020, why wait.


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Ripple XRP Price News: As the long wait for Ripple SEC lawsuit judgement drags on, the XRP price is on a constant decline in the last quarter. Amid price drop and macroeconomic headwinds, the XRP whales continue to accumulate more of the sixth ranked cryptocurrency. Meanwhile, small and retail traders seem to be slowly losing interest in the project. This could also mean that the traders are trying to protect their investments until the SEC case judgement arrives.
Also Read: Why XRP Price Is Not Rallying? Ripple CTO Clarifies
XRP Near Market Bottom
Interestingly, the current XRP price is at the bottom of an almost triangular formation. When looked at the cryptocurrency’s price since March 2020, XRP was on an upward curve until the bull run in the middle of 2021. Since then, constant fluctuations brought the price all the way down to the 2020 price level. This is increasingly leading to the belief that the cryptocurrency’s price is close to the crypto market bottom.
In this context, the whales are continuing their XRP buying spree. Importantly, historical data shows that these whales are capable of impacting the coin’s price. On the other side, data on XRP trading on Binance shows that the traders are experiencing a bearish environment currently. Whereas, the retail traders are currently bearing an average loss of -7%, based on the calculation of Market Value by Realised Value (MVRV) ratio. According to Santiment Insights,
“Over the past six months, the group of XRP holders who own between 1 million and 10 million XRP has increased their holdings by 25%.”
Also Read: How Solana Meme Token BONK Sharp Selloff Will Impact SOL Price?
As of writing, $0.3488, up 0.99% in the last 24 hours, according to price tracking platform CoinMarketCap. Over the last one week, the cryptocurrency’s price is down by around 2.80%. Whereas Bitcoin (BTC) price is up by around 0.91% over the last seven days.