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Equifax: Auto lending gains strength
Auto credit balances are increasing steadily, with the number of new accounts opened approaching pre-recession levels, according to Equifax’s National Consumer Credit Trends Report.
Auto lending through June 2012 has reached $207 billion, a 13.7 percent increase over the same period in 2011.
Sales of new cars and light trucks increased about 15 percent during the first half of the year, dominated by sales of smaller, more efficient and cheaper vehicles.
The number of auto loans originated during the first half of the year — at 10.7 million — is the highest since 2007 when 11 million loans were opened.
Delinquency and write-off rates on auto loans and leases are below levels seen at the start of the recession.
“The average age of cars on the road today in the U.S. is the highest ever recorded and consumers are ready to replace these older vehicles,” Equifax Chief Economist Amy Crews Cutts said in a news release.
“At the same time, the financial picture has improved sufficiently that we are seeing auto lending markets become facilitators rather than obstacles to meeting this demand, especially in the near-prime segment of the market that had all but ceased to exist during the worst of the financial crisis and recession.”
Other highlights from the report include:
- Bank credit card limits have increased more than 36 percent
- Bank credit card accounts exceeded 300 million for the first time since April 2010
- Retail credit card credit limits increased more than 15 percent
- Retail credit card balances stood at more than $51 billion – a 33-month high
- Student loan credit increased more than 15 percent
- Balances of student loans have increased throughout the recession and subsequent recovery, reaching more than $800 billion
- Student loan write-offs totaled $10.6 billion, an increase of more than 10 percent
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Samsung finally sealed on March 14, 2013 as the beginning of the emergence of new smartphone, Galaxy S4.
Excerpted from The Verge, Monday (2/25), is the boss of Samsung, JK Shin, which ensures that date when he was commenting on the 2013 MWC Barcelona.
The workings of the technology they have is to change the content of carbon dioxide in the atmosphere the air and make it as synthesis gas.
A genius engineer from England middle pioneered a new technology that can produce fuel (gasoline) made of [...]
ASUS launched a product that is quite innovative. This product called Transformer AiO is a tablet that can be converted into All-in-One PC.
The tablet will be AiO when paired with the docking hardware separately.
Inside there is a tablet processor NVIDIA [...]
Your comic lover and owner of an iOS device? Do not miss this one application.
Marvel Comics tried to offer around 13 thousand popular comics in an application called Marvel Unlimited.
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Electronic Arts (EA) has recently announced a new game highly desirable, Battlefield 4.
Quoted from IGN, the successor to Battlefield 3 game is touted as one of the game First-Person Shooter best would be to use Frosbite 3 Engine-owned DICE.
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Linux developers, Canonical, claims a new version of Ubuntu 13.04 or so-called Raring Ringtail more efficient.
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Have you ever imagined playing your favorite PC games with an XBOX controller? If so, your dream might come true with the release of some updates from XBOX. As confirmed by XBOX official website, now it is possible to use an XBOX controller on our PC [...]
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As a gift to the loyal fans of the game ‘Angry Birds’.
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Belching diesel equipment is not what one imagines when visualizing the Internet and mobile communications. It turns out they play a significant role in ICT's consumption of fossil fuels and emission of GHG.
We've identified almost 17 billion edge devices attached to our global ICT infrastructure. It turns out that the United States has a wide range of recycling rates for the different categories of e-gear. Which is best and which is worst?
We've added newer rankings for mobile and smart phones, but left the original ones below for those looking to reuse an older unit.
The Pacific Island Schools Connectivity, Education, and Solar (PISCES) Project has installed a Solar-in-a-Box kit as a computer lab at a primary school on the island of Udot in the Federated States of Micronesia. The installation illustrates several ways in which Green ICT technologies and practices can deliver ICT to remote areas.
A Microsoft article titled "Reducing Environmental Impact through PC Life Cycle and Configuration Management" explains how the company implements sustainability in purchasing, operating, and disposing of its employee computers.
Microsoft IT has taken a complete PC life cycle management approach to ensure that all employee PCs and peripherals:
We've covered the issue of 'vampire devices": excessive standby power consumption in consumer electronics and other ICT components. As integrated circuits become more power-efficient during operation, their standby power consumption becomes an issue, too. A research group at Japan's Center for Spintronics Integrated Systems and Research Institute of Electrical Communication of Tohoku University together with NEC Corporation (NEC) has developed a standby-power-free large-scale integrated circuit (LSI).
A 2010 version of this post was titled "No One Can Agree on Typical PUE". I wrote, "As more data centers measure their PUE, more and more ask what is typical? The industry does not seem to agree, so a wide range of numbers are out there." I updated the post in 2012 with the latest data, concluding that most data centers still appear to be operating above a PUE of 2.0."
I put the question to Vertatique's global Green ICT community in August 2013 via a tweet: "After years of #GreenICT, is there evidence that most #datacenters now operate below PUE 2.0?". This was one of our most-retweeted, but no one came forward with new evidence. Some replied in the emphatic negative. Hereis the 2012 analysis, which still stands.
Apple Does the Right Thing!
Apple has reversed its EPEAT position in response to feedback like this. VP Bob Mansfield writes, "I recognize that this was a mistake. Starting today, all eligible Apple products are back on EPEAT." Read Mansfield's entire letter.
"Come On, Steve, You Can Do Better" was the title of a post I wrote almost two years ago, questioning why Apple was such a laggard on environmental issues. Since then, Apple has made considerable progress, which we have consistently recognized in our posts. Two issues still tarnish the company's attempt to polish a greener Apple: its off-shore manufacturing and its decision this week to pull its products from EPEAT certification.
How much electricity do the worlds iPads consume? The Electric Power Research Institute (EPRI) came up with these intriguing statistics and comparisons.
The Bloom Energy Server is a "distributed power generator" that uses fuel cells to convert air and natural gas into electricity. We wrote in 2010 that the 'Bloom Boxes' are "already being used by ICT companies, but not for for mission-critical ICT applications." Now we can report that they are used for applications ranging from television to telecom. Apple and eBay appear to be the most recent ICT customers.


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[While we take a much-needed break, we are rerunning our most popular posts. This was originally published in January, 2018.]
In the Spring of 2016, Hemi Re’em was running a triathlon, which he had done so many times before. However, this race was different from the others: His body was not getting enough oxygen, so he collapsed and was rushed to the hospital, where he received open heart surgery.
Although this life-threatening experience was jolting, Re’em was confounded because he thought his body was functioning at 100 percent. Shortly thereafter, he partnered with Menachem Genut, a specialist in materials science and nanotechnology, to found YOPI, which is based in Hackensack.
A year and a half later, YOPI has the only patented wearable technology on the market that measures a trainee’s oxygen consumption (or “VO2”). The company’s goal is to learn from Re’em’s accident and help other athletes prevent injuries and deaths due to the lack of oxygen.
As of this writing, YOPI has reached $185,000 in crowdfunding on Wefunder. Now the challenge is to scale. YOPI is homing in on its market segment. “In the equity crowdfunding format, it’s difficult to identify where your interested market is, where to find the crowd in crowdfunding,” David Freidenberg, CEO of YOPI, told NJTechWeekly.com.
Freidenberg brings 15 years of IT and telecommunications hardware and software experience to YOPI, and hopes to usher in the next rounds of funding and beyond. Re’em, Genut and Freidenberg are all interested in growing YOPI into a large company.
“We’re not interested in being bought by a Fitbit. After we reach $1.07 million in funding, we want to start selling the product and take the business as far as we can,” Freidenberg said.
The next stage will require a big public relations push. The company is hiring a new PR consultant, who will focus on a three-tiered approach to getting the word out about this technology. The key is to reach the press, influencers and others who use social media.
YOPI intends to change its strategy so it can launch itself into Regulation A equity crowdfunding. To accomplish that, much more “crowd” will be necessary for its crowdfunding, said Friedman. Influencer and social media marketing, when done right, can be extremely effective in attracting huge audiences.
Re’em said, “This is a booming market with wearables shipments expected to reach $245 million in 2019.” YOPI’s focus on one sole market ? serious athletes (and eventually healthcare) ? is a strength, but it’s also a weakness that the executives are fully aware of.
The ability to monitor oxygen in the blood is the surest way to tell whether an athlete is overworking. In 2016, the only way to monitor oxygen levels in the blood was to hook the athlete up to a cumbersome mask-and-tube respirator contraption that could only be found in hospitals, specialized training centers or luxury gyms.
The current YOPI prototype uses biosensors to measure the potassium and oxygen levels in the sweat on the athlete’s skin, and uses this information to gauge the levels of oxygen in the body. The technology is a wearable the size of an armband that could hold an iPod in while the user is running.
While the size of the wearable and the data produced by the YOPI prototype makes this a viable product in itself, to take it a step further, the technology also connects to a phone app that easily monitors personal data. The YOPI technology is housed online and accessible to the user at any time. Using machine-learning algorithms, the data is processed and the user receives performance advice from a virtual assistant.
One of YOPI’s demo videos shows a runner being told to slow down. The device has detected that the V02 levels are too low. Having this real-time feedback alters how athletes will train.
Freidenberg hinted at the possibility of partnering with other companies, fostering a mutually beneficial way to reach more people within the market. Re’em said, “YOPI is about to change everything we know about health and fitness, let alone YOPI implementations in healthcare, nutrition and other markets.”
For the YOPI team, the possibilities seem endless, but closely monitoring the company’s own oxygen levels, and how fast it is moving, may be the key to scaling the business successfully. If only there were app for that.


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This article was originally published in Chain News, author James Chiu
As a new crypto unicorn, FTX has been involved in many crypto fields. In addition to exchange business, it also includes DeFi, payment, and even plans a carbon neutral strategy. The content of this interview includes the volatility of cryptocurrency prices, the potential of the crypto industry, regulatory supervision, ESG and carbon neutrality, the future of Bitcoin, and institutional trends.
High price volatility is a process of building consensus
The price volatility of Bitcoin (or cryptocurrency) has always been criticized.
The PayPal CFO stated in May that due to its high price volatility, PayPal will temporarily not allocate cryptocurrencies in its assets; the world’s largest investment bank Goldman Sachs (Goldman Sachs) reported last month that Bitcoin’s high volatility makes it not Suitable as a “long-term store of value” or “investable category”.
SBF pointed out that the pricing of any financial asset relies on market consensus, and high price volatility is a characteristic of emerging assets. However, as assets gradually mature, the market will gradually form a consensus, so high volatility will not change until the market defines cryptocurrencies.
“In Q1 this year, the price of crypto assets has risen sharply. Many people think this is caused by the entry of large financial institutions into the ecosystem. In fact, after talking with many large financial institutions, even if they do not know how to explore, they all Said that he wants to participate in the encryption industry in some form.”
SBF stated that if you just want to trade stably on the blockchain, you can choose stable coins, but if you want to invest in assets that store value, then you cannot require these assets to be “very stable”, because that violates the market’s effective hypothesis.
There is no consensus on the price, but there may be directions for exploration
SBF went on to say that the potential of cryptocurrency and blockchain may be reflected in the application of payments (especially international transfers) and smart contracts.
Indeed, in the past year, we can see that many industries and institutions have begun to accept Bitcoin (or cryptocurrency) as payment, including electric car giant Tesla (now rejected), real estate leader Caruso accepting Bitcoin as rent, and major league movements. Home team, NBA Lone Ranger team.
The real change may be that payment giants start to join. PayPal opened cryptocurrency payments in Q1 this year, and more than 29 million merchants on the platform can accept cryptocurrencies. Subsequently, VISA announced in March this year that Bitcoin would be included in its payment landscape. Mastercard believes that CBDC is the future, but even so, they are also cooperating with the Gemini Exchange to launch crypto financial cards.
PayPal CEO Dan Schulman (Dan Schulman) stated in the Q1 earnings conference that opening up cryptocurrency payments and transactions is the company’s most critical growth driver. Among the users of cryptocurrency functions, more than 50% open the PayPal application every day, and user stickiness has increased significantly. Paypal’s net revenue for the quarter was US$6.03 billion, a year-on-year increase of 31%.
On the other hand, the exchange has also begun to launch its own payment system. Binance announced earlier that Binance Pay has launched a beta version, and merchants can accept more than 30 cryptocurrencies. FTX also announced the launch of “FTX Pay” in May, providing an external tool program for merchants to embed the program in the website to achieve “one-click payment”.
“For many people, electronic remittances can easily seem a bit self-deceiving. When talking about cross-border (regime) payments, it usually takes several days. The renewal fee may be hundreds of dollars, and many online transfers do not support cross-border payments at all. Remittances must be transferred in person to the bank.”
SBF believes that crypto payment may be a better “value transfer method.” Over time, the cross-border payment system and peripheral services will become more complete.
Another potential exploration target is “smart contracts.” SBF said that the concept of executing smart contracts on the blockchain and letting the programming language automatically execute commands, arbitrate, and complete instant delivery and liquidation is pretty cool.
Interestingly, although many people think that blockchain applications, such as DeFi, are very speculative, the lock-up volume (TVL) of DeFi has not decreased much since the price drop in May.
According to the Arca Encryption Fund’s report, although the prices of many DeFi protocol native tokens are falling, TVL (total lock-up volume) is actually increasing. For example, the price of AAVE tokens fell by 60%, but TVL hit a record high. Yearn Finance token YFI fell by 50%, but Q2 compared with Q1, earnings increased four times.
On the whole, after a sharp fall in May, the TVL of the DeFi protocol remains high-end, and the number of infrastructure users has not decreased. In fact, May is the month with the highest DEX trading volume ever.
Regulations in various countries are clarifying the “crypto market regulatory framework”
The Chinese government has recently strengthened its supervision, including Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan provinces that have issued mining bans, and the Inner Mongolia Autonomous Region has even included miners on the social credit blacklist. In addition, they interviewed major banks in China to implement anti-cryptocurrency operations and prohibit them from providing related services.
SBF believes that this supervision can be divided into two directions: one is to combat leveraged trading, and the other is to combat mining.
It should be noted that the focus of the Chinese government’s crackdown is not on cryptocurrencies or Crypto assets itself, but on exchanges and bitcoin miners that provide leverage (crypto derivatives), which is very different from China’s monetary tightening policy. relationship.
In the past year, the extremely loose monetary policies of central banks have led to the appreciation of the renminbi exchange rate, the rise in the stock market, and the increase in housing prices. The speculation has also increased the private financing rate. According to this situation, once the Fed shrinks its balance sheet and raises interest rates, the ebb of funds will make China The economy is in trouble. So starting from Q2, China began to implement a series of measures, including the reduction of M2 money supply, the inclusion of Ant Financial (a private financing channel) into supervision, and of course the crackdown on the encryption industry.
SBF said that global governments are clarifying their regulatory attitudes towards the encryption industry, and this is a process. As cryptocurrency gradually enters the mainstream, governments of various countries are trying to tell everyone their attitudes and regulatory requirements towards cryptocurrencies. For the exchange, it is necessary to clarify the future direction of each country.
He emphasized that, fortunately, FTX is an international exchange, and no one continent accounted for more than 10% of total revenue; but for exchanges that put their business in a single market, this period of time may be painful. period.
Another focus of regulation is the energy issue of mining.
Create a “green” encryption industry
Since 2021, the energy problems of Bitcoin and cryptocurrencies have begun to surface. SBF believes that although many people use network security as a shield against energy consumption, considering the “transaction volume” on the Bitcoin network, the energy consumed by Bitcoin transactions is not in the same order as other payment networks, so energy issues It must be a problem facing the encryption industry.
Fortunately, many competing public chains have adopted Proof of Stake Consensus (PoS), and Ethereum will gradually switch from Proof of Work (PoW) to PoS this year. But the Internet is not the only place with energy problems. SBF said that with the gradual expansion of the encryption industry, encryption companies must gradually become greener, whether it is to speak out on environmental issues, and to achieve carbon neutrality as much as possible.
SBF has previously provided a set of “Carbon Neutral Mathematical Formula”. Simply put, if you spend a US$1 fee on blockchain transactions, you donate US$0.0026 to Cool Watch, which will achieve carbon neutrality. And, and this formula has been first used by BitMEX exchange.
“We need to eliminate the impact on the environment as much as possible, whether it is talking about the ban on deforestation, achieving net zero emissions, or other methods. It is reasonable to make the encryption industry green in the future economic trends. Facts. FTX has promised to at least first achieve carbon neutrality by compensating Cool Watch.”
In fact, it is not just FTX and BitMEX. One River Asset Management, which has an asset management scale of 2.5 billion US dollars, has submitted an application for a carbon neutral bitcoin ETF to the US SEC to offset the bitcoin assets in the fund by purchasing carbon rights. The relevant carbon footprint of the new ETF will also adopt the same approach.
The future of Bitcoin: becoming a reserve asset and trading on Layer 2
What about Bitcoin’s energy problem?
The Bitcoin Mining Council (BMC), jointly established by North American miners, previously announced the results of a survey that stated that more than 20% of the entire network’s computing power uses renewable energy, and it is estimated that Q2 will reach 56%. Statistics from the Cambridge University Centre for Alternative Finance (CCAF) also pointed out that about 39% of Bitcoin’s energy consumption is carbon neutral.
Brett Winton, director of research at Ark Investment, even said that Bitcoin mining may promote the use of solar and battery systems on a larger scale in the power grid and expand its economic scale.
If the Lightning Network, PayPal, VISA, or wBTC on Ethereum are all regarded as side chains of another Bitcoin network, then SBF believes that Bitcoin transactions will be transferred to the side chain. In addition, he also believes that future payments may be based on stablecoins, and Bitcoin will become a “store of value” asset.
“If your goal is to trade U.S. dollars on the blockchain, then stablecoins will be your answer; but if you want to store assets in value, Bitcoin (or other cryptocurrencies) will be your choice.”
Finally, SBF concluded that the innovation of the encryption industry has been seriously underestimated. Many people think that the concept of DeFi is very good and can be used as a “supplementary tool” for banks. This is only the future we can see at the moment. In fact, if DeFi is really applied on a large scale, and you will see a different landscape.
He took Netflix as an example. He originally wanted to supplement DVD rentals, but accidentally discovered that watching movies and TV series online is the real future. Even many wonderful documentaries and TV series are Netflix’s original movies.
“It can be seen that many financial technology companies now want to enter the blockchain industry, and what we (the blockchain industry) are doing is subverting traditional finance. I think these financial technology companies need to carefully understand and integrate these technologies, and It’s not when we launched the product that we were surprised and realized later.”


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But by committing to the cloud, Adobe stock is up more than 400% in just five years. Since 2013, revenues have doubled, and profit margins have exploded from just 5% of revenue to nearly 25% To illustrate, here are three nontech stocks generating market share gains in the areas of manufacturing, telecom and entertainment. They are Trex ( TREX ), GTT Communications ( GTT) and Chicken. Anaplan, Inc. ( NYSE: PLAN) No of HFs: 63. Total Value of HF Holdings: $3.06 Billion. Anaplan, Inc. ranks 10the in our list of 14 best cloud computing stocks to invest in. The planning software. Pick Cloud-Software Stocks for Stellar Gains in 2020. We have, thus, zeroed down on four solid SaaS stocks that are worth a look next year. These stocks flaunt a Zacks Rank #2 (Buy) Zoom Video Communications ( ZM, $252.33) is the poster child for what cloud applications can do for a portfolio, and one of the best cloud stocks of 2020. However, at the moment, it might also be.
BOTZ. +0.18%. NVDA. +3.06%. OMRNY. -2.05%. CYBQY. +0.16%. Artificial intelligence is a misunderstood term, thanks in part to dystopian views of the technology across pop culture — from the. Thirty-four disruptors are unicorns that have already reached or passed (in some cases far surpassed) the $1 billion valuation mark — 10 of the companies on this year's list are worth at least.
. 3 companies providing these essential cloud-based software packages are Workday , Adobe , and Salesforce.com . The outperformance of Cloud Stocks Proofpoint forecast revenues of $882.3-884.3 million for 2019. Its stock is trading at $113.7 with a market capitalization of $6.4 billion, up 44% from its 52-week low of $78.69. It touched a 52.
Goldman has a buy rating and $315 price target for CRM stock. Analysts are bullish on cloud stocks in 2021. One of the few segments of the economy that benefited from the health crisis lockdown. 10 Disruptive Technology Stocks to Invest In ARK Investment Management builds investment products of all sorts, but today we want to talk about just one - the ARK Disruptive Innovation ETF . It's their flagship product offering which has already attracted nearly $3 billion in assets Forget Dogecoin: Buy These 3 Disruptive Stocks Instead company has a clear and ever-expanding foothold in extremely lucrative sectors ranging from e-commerce to technology to cloud computing According to statistics by Synergy Research Group, there is a massive imbalance in the cloud computing market share. In 2017, the top five giants—Amazon, Microsoft, IBM, Google, and Alibaba. . And we're bracing for impact. AI stocks like Intel Corp. (NASDAQ: INTC) are going to explode
One of the Motley Fool Discovery services, portfolio advisories that specialize in one niche — this one is teased as having a startup portfolio of 20 cloud stocks to capitalize on The Motley Fool's No. 1 Technology Investment for the 2020s, which will be added to with regular new recommendations , including $31 billion for Creative Cloud, $13 billion for Document Cloud and $84 billion for Digital Experience 3: PLTR: Palantir Option Traders Are Bearish But The Stock Is Still Hold... 4: ETSY, GIL: 30 Stocks Moving in Thursday's Pre-Market Session: 5: PFE, PTON: PreMarket Prep: Value Vs. Growth Stocks:
3 Stocks Disrupting Their Industries. Read full article. Tim Brugger, Chris Neiger, and Keith Noonan, The Motley Fool. The Volta architecture and the AI capabilities it provides helped boost NVIDIA's cloud-based data-center sales more than two and a half times last quarter You Already Know the Names of the Biggest AI Stocks. These 3 Have Superior Growth Potential. Artificial intelligence (AI) is one of the fastest-growing markets in the world, with global revenues zooming from $9.5 billion in 2018 to an estimated $118.6 billion by 2025.Given that exploding growth, it makes sense to invest in artificial intelligence stocks
In it's fiscal 2018 year ending June, the cloud represented 30% of Microsoft's total $110.3 billion in sales. During 2018, the cloud unit had total operating income of $11.5 billion, which. This is one of our top IOT stocks to buy this year. Fastly (NYSE: FSLY) Fastly is a cloud computing company based in the Bay Area. Cloud computing is an essential part of the IoT, because devices require cloud connectivity in order to work properly. Fastly stands out because they are an edge cloud platform 3 Small-Cap AI Stocks that are Powering the Future Artificial intelligence (AI) used to be a concept that was strictly reserved for Hollywood movies. Now, AI is infiltrating virtually every major industry and is considered to be one of the most important technologies of the 21st century
Related news 4 Dow Jones Stocks To Buy And Watch In May 2021: Apple Falls On Downgrade. 5:01 AM ET Apple and Microsoft are among the best Dow Jones stocks to buy and watch in May 2021.. 5:01 AM ET. 3 Dividend Stocks That Pay You Better Than Coca-Cola Does Posted on May 1, 2021 April 30, 2021 Author The Motley Fool Coca-Cola offers a generous 3.1% yield today, but you can do even better than that with this trio of high-yield dividend stocks For more data-driven insights in your Inbox, subscribe to the Refinitiv Perspectives weekly newsletter. Lao Tzu - the Chinese philosopher, writer and founder of Taoism in the 6 th century BCE - certainly wasn't thinking about market data migrations and the transformative effect that the public cloud is having on financial services firms, but his words - A journey of a thousand miles.
At the end of 2019, I had published Cloud Stocks: Top 20 for 2020 with a summary of which SaaS companies are succeeding on the basis of a strong PaaS strategy, AI, and robust developer ecosystems. I now want to focus on how the PaaS landscape is evolving: who are the established giants, the top mature players, the promising players, and the potentials Learn about the disruptive stocks we recommend buying right now, so you don't miss out on profits from breakthrough technologies With a unique product that is disrupting the cybersecurity industry and making competing products like Norton Antivirus obsolete, Crowdstrike's stock is soaring. The company is partnered up with some massive names including Amazon Inc's Amazon Web Services, which led the company to a 75% quarterly increase in ARR (annual recurring revenue) just from that contract alone
3 Snowflake Analysts On Cloud Data Stock's Potential: 'Unique Technology Advantage' Wayne Duggan, Benzinga Staff Writer Snowflake is disrupting the data warehousing market,. With cloud stocks leading the Nasdaq to record highs regularly, many investors are trying to figure out just how much potential these companies will have over the next decade. It's easy to understand why businesses that are involved in cloud technology are seeing so much positive momentum in the market Story Highlights: Cloud kitchens are sweeping the nation and disrupting old-world kitchens. Could this be the death of restaurants? This industry is set to grow from $35 billion in 2018 to $365 billion by 2030
. What. Zscaler - Disrupting Firewall And VPN Vendors In The Cloud; Multiple Products To Drive Growth Sep. 14, 2020 12:12 PM ET Zscaler, Inc. (ZS) 28 Comments 15 Likes Tech Stock Pro ServiceNow Still Among Top Ranked Software Growth Stocks. The IBD Computer-Software Enterprise group ranks No. 123 out of 197 industry groups tracked by IBD. It's up only 1% in 2021 as of Jan. 18. However, cloud (i.e. subscription) revenue is gradually growing. It was up 80% in the third quarter, compared to the year-ago quarter's $145m, which accounted for 24% of the total revenue of $559m. Despite disappointing earnings, Jack Andrews, an analyst at Needham, likes the stock
Regardless of Covid-19 outbreak, there have been various new advancements, including artificial intelligence, 5G, internet of things (IoT), extended reality (XR), and automotive safety. Here are the top 10 tech trends to watch in 2021 The best technology stocks to buy are targeting disruptive innovation trends that include deep learning, streaming media, electric vehicles, automation and 3D printing, according to a new study by New-York-based technology investment firm ARK Invest.. ARK's Big Ideas 2020 report focuses on key trends driving growth rather than recommending specific stocks, but I reached out to seasoned. Wedbush sees FAANG, cloud, and cybersecurity stocks leading the charge. Disruptive recovery names like Uber and Lyft are the firm's favorite reopening plays, as lifted restrictions will likely.
The cloud is everywhere. It's but disruption to the cloud, data shows that investors don't punish the cloud service companies either: Stock price dips after a public security breach. Cloudian offers the highest-density hardware platforms, allowing customers to save as much space as possible in their cloud environments. Thanks to the modular design of its SaaS solutions, Cloudian supports small businesses to scale with minimal disruption. Besides offering a free trial, the company's solutions are also highly customizable Outside the Box Opinion: Druckenmiller pushes into cloud stocks, saying they're disruptive and defensive at the same time Published: Jan. 18, 2019 at 5:07 p.m. E
He notes that Virtu trades for about 10 times earnings and pays a fairly certain dividend, currently yielding 4.3%. When stocks go up endlessly again, and investors are complacent, they. 1. Hybrid Cloud. According to IBM, cloud computing has quickly become mainstream in banking, with most banks searching for the optimal mix of traditional IT, public and private clouds. Over time, more and more banks are moving to an enterprise-wide hybrid cloud strategy We realized for each and every one of our clouds, it was time to transform to become a work from anywhere environmentwe ultimately are focused on delivering the operating system for Cloud 3.0 Marc Benioff, CEO and Chair, Salesforce. Salesforce has spent the last year transforming Customer 360 into the operating system for Cloud 3.0
These are known as the Big 3 cloud providers. Combined, their cloud revenues reached $53 billion last year. But I'm not buying their stocks right now. Don't get me wrong: I like AMZN and MSFT. They're great companies, and they're leaders in the cloud, which is one of the world's most profitable businesses CNBC reveals the 2019 Disruptor 50 list, identifying start-ups on the cutting edge of huge consumer, technology and business shifts — and already worth billions Private cloud: A private cloud is a server, data center, or distributed network wholly dedicated to one organization. Public cloud: A public cloud is a service run by an external vendor that may include servers in one or multiple data centers. Unlike a private cloud, public clouds are shared by multiple organizations There was also a wider impact on the economies of several countries. However, there were some environmental advantages arising from a saving of around 1.3 to 2.8 million tonnes of carbon dioxide emissions. Ash cloud maps. The following maps, with the volcano in red, depict the progress of the ash cloud during the period of disruption
Hence, while there are valid reasons for believing that there may be respite in the rally of those stocks that have obviously been propelled by COVID-19 related factors, the secular change associated with the cloud, AI and automation has much further to run. The fundamental drivers of disruptive technolog The annual average setup cost for opening a restaurant in India is approximately 3.05x times that of a cloud kitchen At present only 13% of the total market size has been tapped by the cloud kitchen Silicon Valley (2014) - S01E03 Articles of Incorporation clip with quote Disrupting the cloud through... Yarn is the best search for video clips by quote. Find the exact moment in a TV show, movie, or music video you want to share. Easily move forward or backward to get to the perfect clip
These 3 Tech Stocks Can Double Again in 2021 The Motley Fool - Nicholas Rossolillo, Anders Bylund, and Billy Duberstein • 11h Growth is a long-term story for these companies even after a stellar run in 2020. 2020 was a huge year for tech stocks With this in mind, check out these three cloud-focused SaaS stocks we found using our Zacks Stock Screener for tech investors to consider buying in the fourth quarter of 2019 Five9, Inc. FIVN Five9 is a cloud-based SaaS solutions firm for call and contact centers that hopes to remove the hassle and expense of traditional on-premise operations Its price to earnings is 85, but its price to sales is 3.5 and its price to book is 15.7. The recent dip has given Amazon some room to run. While the company is buoyed by its e-commerce business, the cloud computing side continues to grow. That's why Amazon is one of the three cloud computing stocks to buy in 2020. 3. Oracle Corp Disruptive Technology Channel 3 Top-Performing Tech Stocks Stocks beyond healthcare and technology participate in the The IT giant generates over 80% of its sales from cloud-related. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. See the report's 7 new picks today, absolutely FREE. See 7 Strong Buy Stocks Fre
Cloud companies have not just reset in the New Normal, but have thrived with a record-breaking market capitalization of more than $2 trillion. There's been a changing of the guard afoot: MT SAAS has overtaken FAANG. Cloud multiples are rising to new heights, with both public and private cloud trading over 20x Cloud Kitchens: The next disruption in the online food industry. 3. Ola-Foodpanda Ola acquired Foodpanda India in December 2017 in exchange for Ola Stocks. The company,. Accentureannounced the formation of Accenture Cloud First with a $3 billion investment over three years to help clients across all industries rapidly become cloud first businesses and accelerate their digital transformation to realize greater value at speed and scale. Karthik Narain will lead Accenture Cloud First and join the Global Management Committee, effective October 1 3. 3D Printing Goes Big With Finished Products at Scale. 3D printing has become part of mainstream consciousness thanks, mostly, to the prospect of desktop printers for consumer prices. But these are imperfect, and the dream of an at-home replicator still eludes us. The manufacturing industry, however, is much closer to using 3D printers at scale
3. Democratized Technology. But it's not just systems that the cloud is helping to improve, cloud tools are also helping to unlock the full potential of people. This was clear during the pandemic where cloud collaboration tools have been critical to productivity. We can now see that they're capable of much more Cloud Nine - A fundamentally strong crypto stock primed to soar. Bottom line is, the crypto markets are booming, and investing directly can be a great way of generating significant profits. But Cloud Nine offers an excellent, complementary way of getting exposure to this huge opportunity through more traditional means Rasmus Hald, who heads up the cloud centre of excellence at shipping giant Maersk, opens up about how the firm is embracing a cloud-first policy in the name of seeing off competitive threats and. 3 Key Questions to Ask. With greater demand for remote working and employee flexibility, there is no better time to adopt cloud-based contact centre technology. However, here are three things to consider: 1. Why Move to the Cloud in the First Place
The stock has more than tripled in the last year, but analysts expect DocuSign to grow earnings per share by more than 50% between 2021 and 2022. The best AI stocks to buy: Nvidia Corp. ( NVDA Through 2022, projected market size and growth of the cloud services industry will be nearly 3 times the growth of overall IT services. 2 With the evolution from 3G to 5G, the average time to download a 2-hour movie has gone from 29 hours to 4 seconds. 3
Yet, cloud stocks experienced a categorical black swan as if they all serve the same markets. What this means is that some investors don't understand these companies. The viability of a company's product and how it fits the market is not factored into the investments, and this is creating a window of opportunity for investors who take the time to study individual stocks 3. Microsoft remains the Rock of Gibraltar stock to own Associated Press. Microsoft at current levels is a golden cloud tech name to own for those willing to navigate the volatility and is.
This makes the cloud a model of Christensen-style disruptive technology. The IT industry's incumbents felt they were selling a better technology and could always make the switch to the cloud. 3 refreshes the stock in the warehouse. If any one of those goes down, the entire process is disrupted, the event of a disruption. The right approach to cloud resiliency The reality of cloud resiliency is that if you don't design, implement and maintain it, you don't get it The Sin Stock Anomaly: Collect Big, Safe Profits with These 3 Hated Stocks My brand-new special report tells you everything about profiting from sin stocks (gambling, tobacco, and alcohol) Cloud is now essential to how we live, with cloud services promoting more agile business models, faster speed to market — even greener operations. However businesses feel the rewards have been gradual, only 37% of businesses around the world report they are achieving the full value of their investments in cloud According to IDC, by 2021, 50% of the enterprises in India will rely on a mix of on-premises/dedicated private clouds, several public clouds, and legacy platforms to meet their infrastructure needs
The ash cloud disruption was cited as one of the contributing factors. African economies. Kenya is reported to have destroyed 400 tonnes of flowers it was unable to airship into the UK on 19 and 20 April 2010. As a result, their economy was estimated to be incurring losses of $3.8m each day of the disruption AI and Cloud Technology Are Revolutionizing Modern Business. Artificial intelligence and cloud technology are incredibly important in the future of business. They are becoming essential when it comes to addressing many challenges entrepreneurs face, especially during quarantine. The AI and cloud tools listed above should be highly valuable 3 stocks for the cloud revolution Get your free long-term investing report on Owen Rask's 3 best share ideas for the cloud revolution when you create a free Rask Australia account. It's 100% free and unlocks hundreds of hours of bonus content. For nothing


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HOUSTON - Get ready to whip out your ID when buying nail polish remover.
Currently CVS and many other stores require customers to show ID when buying medicines that can be used to make meth.
A Local 2 employee was carded at a CVS in southwest Houston for nail polish remover.
Carding for acetone based nail polish remover was first reported in the New England area recently and a spokesperson for CVS has said the company is in the process of implementing the policy at all of its 7,500 locations.
Customers wanting to buy the polish remover will be asked to show ID and may be limited to how many bottles they can buy at once. It's the latest crackdown against over the counter products used to make methamphetamine.
CVS' public relations director Mike DeAngelis told NBC News, "Our policy limits the sale of these products in conjunction with other methamphetamine precursors and is based on various regulations requiring retailers to record sales of acetone."
CVS changed its policies after a $77.6 million settlement concerning sales of cough and cold medicines used to make meth.
Copyright 2013 by Click2Houston.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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GTA V has reached over 195m copies sold following the release of the GTA 6 trailer. During Take-Two Interactive’s Q3 2024 quarterly earnings presentation, CEO Strauss Zelnick discussed the success of Rockstar Games’ titles over the past three months. From GTA V to Red Dead 2, GTA 6 and GTA Online, we go over all of his statements in this article.
Grand Theft Auto V is still being bought by a lot of people
Take-Two Interactive revealed that Grand Theft Auto V sold over 195 million copies, up from the over 190m in November. Grand Theft Auto V normally sells an average of 5 million every month. The total sales of the Grand Theft Auto series is now at over 420 million copies worldwide, up 10 million from 3 months ago.
GTA Online continues to print money
GTA Online’s performance exceeded Take-Two’s expectations. The December update, “The Chop Shop”, gave the game its highest number of active users in years says Strauss. Recurrent Consumer Spending Growth for Shark Cards was “notably up”. The Chop Shop update and sentiment around the GTA VI trailer drove the largest-ever increase in new GTA Online accounts according to Zelnick.
GTA+ is a winning subscription
Recurrent Consumer Spending Growth for GTA+ subscriptions was “notably up” in the past quarter. Take-Two say the service is growing rapidly. If you’re wondering about what’s included for signing up this month, we’ve got you covered here.
GTA 6 is “seeking perfection”
Grand Theft Auto VI trailer launched in December 2023 and broke YouTube’s records for a non-music launch, including 93 million views in 24 hours according to Take-Two. Strauss Zelnick notes that Rockstar is “seeking perfection” when asked about choosing the release year.
Speaking of which, the game is also still on target to release in 2025. On top of that, Take-Two say anticipation for the game is much, much higher than GTA V pre-release.
Red Dead Redemption 2 hits 61m copies sold
Red Dead Redemption 2 sold an extra four million copies in the last 3 months. This means Red Dead Redemption 2 has now sold over 61 million copies worldwide, up from 57 million last time round. In total the Red Dead Series has now sold over 86 million copies, up from 81m last time.


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MPEG LA, based in Denver, Colorado and Chevy Chase, Maryland, is the world’s leading provider of one-stop licenses for standards and other technology platforms. It pioneered the modern-day patent pool helping to produce the most widely used standards in consumer electronics history. Today MPEG LA operates licensing programs consisting of more than 11,000 patents in 80 countries with some 200 patent holders and 6000 licensees.
By bringing together key patents of many different parties and licensing them to everyone on the same terms in a single transparent license, the MPEG LA model gives technology users access to valuable intellectual property, freedom to operate, reduced litigation risk and predictability in their business planning process. In turn it enables inventors, research institutions and other technology owners to monetize and speed market adoption of their assets to a worldwide market while substantially reducing the cost of licensing.
MPEG LA is developing pools to do for the battery industry what it has done for consumer electronics.
“The battery industry is in a period of rapid technology development. As abundant as the foreseeable opportunities are, so are the risks. The MPEG LA battery pool will speed commercial success by giving battery developers access to intellectual property they need while rewarding property owners for their inventions,” said Daniel Abraham, vice president of science and business strategy at MPEG LA.
MPEG LA invites NY-BEST members to participate in its battery technology initiative that seeks to provide access to key battery technologies, accelerate new product development, reduce risk, lower transaction costs, reward inventors, and deliver the benefits of innovation more rapidly to consumers.
Feb 22, 2016


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MINNEAPOLIS, Minnesota - April 18 - U.S. farm policy geared towards driving down prices for corn and soybeans is a significant contributor to the nation’s obesity epidemic, according to a report released today by the Institute for Agriculture and Trade Policy (IATP).
The report, Food Without Thought: How U.S. Farm Policy Contributes to Obesity, found that low prices for corn and soybeans over the last several decades has spurred investment in high fructose corn syrup (HFCS) and hydrogenated vegetable oils (trans fats). The introduction of HFCS and trans fats directly mirrors alarming increases in obesity rates in the U.S, the report found. The full report can be found at: www.iatp.org.
And while prices for crop ingredients for HFCS and trans fats have decreased, contributing to low-priced, calorie-dense processed foods, prices for fruits and vegetables, grown with relatively little government support, have steadily increased, according to the report. A number of studies have documented the strong correlation between price and consumer food purchases.
“The food industry and consumers are following the distorted market signals driven by our farm policy,” said Mark Muller, director of IATP’s Environment and Agriculture Program and co-author of the report. “If we want to seriously deal with obesity, let’s create markets that promote healthy food production and consumption. Right now, farm policy is doing just the opposite.”
The report found that farmers also lose from the current system, which favors the production of low value bulk commodities over higher value food crops. U.S. consumers are increasingly reliant on imports of high value produce crops, which is a lost opportunity for U.S. farmers. Meanwhile, our farmers struggle to remain economically viable producing overly abundant and low value grains and oilseeds.
To make a shift towards a healthier farm policy, the report recommended:
- An emphasis on the connections between public health, food and farm policy.
- Support for local and regional food systems that benefit health and farmers.
- Market incentives to increase healthy food consumption.
- School and government procurement policies that favor healthy food.
- A common farmer-public health platform for the upcoming farm bill.
“There is a great opportunity in the next farm bill to build in a set of new priorities that benefit public health by rewarding farmers for growing healthy foods,” said IATP’s Heather Schoonover, co-author of the report. “Such a shift would not only benefit public health, but also our farmers.”
The full report can be found at: www.iatp.org


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Black Friday: Only 1 in 5 Aussies will shop the sale
- finder.com.au estimates Aussies will spend $320 million
- 44% don’t wait for sales to shop
- Tips to get the best deals
16 November, 2018, Sydney, Australia – While Black Friday holds legend status in the U.S., it isn’t causing much fanfare down under, with only one in five shopping the sale, according to finder.com.au, the site that compares virtually everything.
Black Friday falls on November 23 this year, and savvy shoppers can expect big discounts on clothing, homewares and tech.
The research shows just 4 million Australians plan to shop that day (21%), falling way short of the 174 million Americans (70%) who are expected to shop over the Thanksgiving weekend.
Despite the lack of Aussies taking part, finder.com.au analysis estimates Aussies will spend over $320 million.
Bessie Hassan, Money Expert at finder.com.au, said though plenty of retailers have jumped on the bandwagon, Black Friday is still a new concept for Aussies.
“Like Halloween and Thanksgiving celebrations, Black Friday is a tradition making its way to our shores.
“Black Friday and Cyber Monday are the last big sales before Boxing Day, so it’s the perfect time to do your Christmas shopping for a fraction of the cost.”
The survey of 2,013 people found the majority of Australians (44%) simply purchase things as they need them, rather than holding out until sale time.
Hassan said many Aussies are missing a trick to save money.
“Retailers regularly have sales, so you shouldn’t be paying full price for anything. Beyond Christmas, think ahead for a New Year’s Eve outfit or back to school needs.
“The trick is to start browsing now. Jump online and check out your favourite sites, then start bookmarking or adding what you’d like to buy to your shopping cart.
“Once the sale starts, you can easily see if the goods on your wish list are reduced, and quickly check out.
“Some brands will even kick off earlier than Friday, so keep your eyes peeled.”
Despite the opportunity to bag a bargain, 11% will resist the temptation to buy until the Boxing Day sales.
One in four Australians (25%) don't actually know what Black Friday is. This was consistent across generations with Black Friday lost on Baby Boomers (25%) and Millennials (24%) alike.
Only 18% of Western Australians plan to shop the sale compared to 24% of savvy shoppers in South Australia.
To shop the sale from the comfort of your couch, finder.com.au will be rounding up 350+ Black Friday offers here: https://www.findershopping.com.au/black-friday-deals
Tips to get the best Black Friday deals
- Do your homework
Make a list, start browsing now so you know roughly how much everything costs. When the sale starts, you’ll be able to see if you’re getting a good deal.
- Make sure the retailer ships to Australia
Black Friday is a huge sale in the USA, so you might wind up on an overseas website only to discover they don’t ship to Australia. Check where the site ships first before shopping to avoid disappointment and check if there’s an international shipping fee.
- Check the return policy
This is essential if you’re buying clothing or anything you’re unsure of. Also double check if there are return shipping costs, these can be high if you’re buying from an overseas retailer.
- Sign up to the newsletter
Brands will notify their customers of the sale first. Sign up to your favourite brands’ newsletter so you’re in the know first.
For further information
The information in this release is accurate as of the date published, but rates, fees and other product features may have changed. Please see updated product information on finder.com.au's review pages for the current correct values.
Every month 2.6 million unique visitors turn to Finder to save money and time, and to make important life choices. We compare virtually everything from credit cards, phone plans, health insurance, travel deals and much more.
Our free service is 100% independently-owned by three Australians: Fred Schebesta, Frank Restuccia and Jeremy Cabral. Since launching in 2006, Finder has helped Aussies find what they need from 1,800+ brands across 100+ categories.
We continue to expand and launch around the globe, and now have offices in Australia, the United States, the United Kingdom, Canada, Poland and the Philippines. For further information visit www.finder.com.au.
12.6 million average unique monthly audience (June- September 2019), Nielsen Digital Panel


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News - Market Insight - Market Insight 2013
Market Insight: Battle of the brands continues
Plenty of work for individual car brands in second half of year, despite market boom
Click to see larger images
5 Jul 2013
By TERRY MARTIN
AUSTRALIA'S motor vehicle industry is hurtling toward another record-breaking result for new-vehicle sales – and the fierce battle being waged among the big-volume mainstream brands is sure to keep new registrations on the rev limiter in the second half.
Toyota’s domination remains plain for all to see, having cracked the 100,000 mark (106,110) with twice as many sales as its nearest rival, Mazda, and for the first time in its history in Australia it has the two top-selling vehicles on the market, Corolla (20,970) and HiLux (20,721).
It also leads no fewer than eight market segments.
However, the market leader will also be mindful that its first-half result puts it just 0.1 per cent ahead of its position at this time last year, and that its overall share has actually fallen from 19.4 per cent at this point in 2012 to 18.5 per cent.
This is the wrong direction for a company that is intent on securing a 25 per cent market share in this country, and Toyota will now be working on stronger sales growth in the second half to improve on last year’s 218,176 units and 19.6 per cent share.
While Mazda looks increasingly likely to end its two-year run with Australia’s top model (the Mazda3), the leading full-import brand has maintained a high running rate overall to be in front of Holden and in second place on the Australian market so far this year.
Like Toyota, both Mazda and Holden have dropped market share – Mazda holds 9.1 YTD (down from 9.5) and Holden 9.0 (down from 10.3) – but the Japanese brand is in a strong position after racking up 52,287 new registrations (up 0.3 per cent) compared to Holden’s 51,547, which is down 8.3 per cent on 2012.
A lead of 740 units is not much with six months of high-budget, hard-fought trading still to come, but the prospect of maintaining its lead against the mighty Australian manufacturer will be a confidence boost for the full-line importer.
For Holden, the half-year report card is concerning, with its two biggest sellers – the locally built Commodore and Cruze – down 35.1 and 23.9 per cent respectively YTD (10,301/12,503), even with substantially improved models.
Yes, the VF Commodore is still fresh, and transport delays reportedly kept sales down last month, but the extent to which the large car improves on its predicament in the months ahead is still to be determined.
Not that far behind, three brands – all with aspirations of 10 per cent market share – are separated by less than 4000 units, with Ford wedged in between Hyundai and Nissan.
The South Korean brand is up 5.9 per cent YTD (47,979) to be clearly in fourth and commanding 8.4 per cent of the market – up from 8.3 this time last year – while the Japanese brand has climbed 10.5 per cent (44,065) to be in sixth place for now, just 439 units in arrears of Ford.
Nissan also now holds 7.7 per cent of the market – well below the expectations set by previous management but nonetheless up from 7.3 at this point last year and heading in the right direction on the back of Pulsar, Dualis and the ever-strong Navara.
Now preparing to become a full-import brand from 2016, Ford continues to rely on overseas-sourced models for sales growth, its 44,504 units YTD reflecting a 2.5 per cent increase on the same period last year. Its market share is 7.8 per cent, down from 7.9 a year ago.
The locally built Falcon sedan and ute and Territory SUV have fallen 25.9, 15.8 and 2.4 per cent respectively this year, with the Focus small car and Ranger workhorse by far Ford’s biggest-selling models at just over 10,000 apiece YTD – twice as many as the Falcon sedan (5070).
Having restructured its operations over the past 12 months to shake, once and for all, the remnants of its former life as an Australian manufacturer, Mitsubishi is building momentum and, like most other full-import brands, is targeting an optimistic 100,000 sales within the next few years in the circa-1.1-million-unit new-vehicle market.
The triple-diamond Japanese brand has managed 37,329 first-half sales, which marks an impressive 19.9 per cent increase over last year and, with incremental volume from Mirage and improved sales from Outlander and Triton 4x4, brings with it a 6.5 per cent market share – up from 5.7 12 months earlier.
Mitsubishi’s stated target is 70,000 for 2013, with an eight per cent share of the market – or more than 80,000 units – the goal soon after.
As industry and individual brand records were recorded far and wide last month, Volkswagen’s fall of 19.0 per cent in the wake of safety issues involving several models has left it with 27,654 sales YTD, up 2.6 per cent on the first half of 2012.
This is enough for a 4.8 per cent slice of market, but is down from 4.9 per cent at the same point last year. The company clearly needs to regain consumer confidence and turn around the sales performance of its passenger cars, particularly the volume-selling (and now new-generation) Golf, which is down 19.4 per cent this year after taking a 55.8 per cent hit last month.
Honda, on the other hand, has recorded the biggest sales increase of any top-10 brand in the first half, up 45.0 per cent with 23,429 units and well on its way to achieving its 45,000 sales target.
Honda’s market share has similarly skyrocketed, moving from 2.9 per cent at this point last year to 4.1 per cent 2013 YTD as familiar nameplates such as CR-V, Civic and Accord return to form.
Subaru remains among the top 10 brands despite a 2.9 per cent fall in sales this year, recording 20,713 units YTD. Its market share has fallen 0.3 per cent to 3.6.
Kia, which has looked like becoming as a permanent member in the top 10 table, has also slipped this year, down 3.4 per cent with 15,270 new registrations and a 2.7 per cent market share.
This time last year, the Korean brand held a 2.9 per cent share and its sales were up 23.2 per cent to be past 15,800 units. It finished 2012 with more than 30,000 sales, making it one of the fastest-growing brands on the market, and earlier this year the company revealed a target of five per cent market share over the next few years.
Optimism is high in the current buoyant market, but it will be a tough assignment for Kia and other brands to reach their ambitious goals.
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Proptech is a $20 billion industry that’s already reshaping and upending traditional real estate as we know it. And this is just the beginning. Each Thursday, The Real Deal’s Future City newsletter breaks down the biggest news in proptech across the globe, from 3-D printer homebuilders in Long Island, to emerging tech brokerages in India, to crowdfunding property startups in San Francisco. Of course, we also cover the intrigue around firms backed by SoftBank. There are lots of them.
Our newsletter features exclusive interviews, insight and analysis that’s a must-read for brokers, developers and VCs alike. You can sign up here.
Here’s the Jan. 2 edition.
Looking for land in Mexico
A Chilean listings platform that specializes in plots of land, PortalTerreno announced plans to expand their model to Mexico. The plan to push north comes after the startup participated in an accelerator in Mexico City run by early stage venture fund and one of Airbnb’s early investors, 500 Startups. Just two years old, the platform has over 8,000 listings, running the gamut from residential to agricultural.
Look! Another WeWork parachute
It sure looks like Adam Neumann won’t be the only one with an outrageous payout. WeWork’s co-CEOs Artie Minson and Sebastian Gunningham will reportedly cash in on $8.3 million each should they leave their posts, per The Financial Times. It certainly doesn’t touch Neumann’s potential $1.7 billion golden parachute but this business of WeWork gifting big payouts to executives is turning heads in light of the company’s major job cuts. In November, the co-working firm announced that 2,400 employees would get the pink slip, and none of them got anything close to $8.3 million.
Airbnb wonders to ID or not to ID
A report in the Wall Street Journal found that Airbnb rejected a proposal from its safety team that would require all hosts to submit a government-issued ID. While some employees argued that collecting an ID would keep the platform safer, the company reportedly studied the issue and found that the added requirement would discourage some hosts from using the platform. Safety has definitely been on Airbnb’s mind the past few months. A shooting killed five at an Airbnb’ed home on Halloween and the company responded by announcing new safety measures including plans to verify all 7 million of its listings, which sounds like hard work.
Future City 2020: Where tech and real estate converge
Interested in how you can leverage tech in your project, business or organization? You’re going to want to be at Future City 2020. Contact us now at [email protected] to find out how.
That’s how much Indian lodging startups raised in 2019, according to research firm Tracxn. It was a good year for these startups, thanks in large part to SoftBank-backed Oyo, which took in $1.5 billion, partly due to genius ideas like Marilyn Monroe pictures in hotel rooms boosting revenue. Speaking of Oyo, make sure to read the New York Times expose. It raises real questions about the health of the business. The Times reports that thousands of rooms on its platform are from unlicensed hotels and guesthouses, and that Oyo imposed extra fees on hotels and then refused to pay the hotels what they were owed. Some hotel operators have sought to file criminal complaints against the company, which aims to be the world’s biggest hotel chain by 2023.
Double the IPO
South Korean hotel booking platform Yanolja plans to go for the IPO for both its Singapore and Seoul operations in the next two years. CEO Lee Su-jin told Maeil Business Newspaper that he plans on listing the Singaporean subsidiary as soon as this year or by 2021. Along with the booking platform, the unicorn startup invested in the Rocket Internet fueled budget hotel network Zen Rooms, putting it in competition with companies like Oyo.
I’m Robert Reffkin, and this is (Compass) 20/20
Real estate brokerage Compass hasn’t yet reached its goal to take a 20% market share of the U.S.’s 20 biggest cities by the end of 2020 (someone there really likes the number 20.) But, on Tuesday, CEO Robert Reffkin told agents there was “progress” toward that goal. He claimed that the company reached the market share target for cities like San Francisco and Washington, D.C. and made 10% market share in “many more markets.” Compass ended 2019 with 15,000 agents who sold $88 billion worth of real estate, up from $33 billion a year prior, according to Reffkin’s letter. One reason for the massive jump is Compass’ recent acquisition spree; it has picked up large independent firms in key markets. In 2019, it added 87 offices for a total of 325 across 135 cities.
In 2017, two major listings platforms in Nigeria merged to form PropertyPro, which at the time was the largest platform in the country with around 80,000 listings. The platform wants streamline house hunting in a country where rising urbanization and a small real estate market have created the perfect storm for a housing deficit.
Users seem to be taking notice. Co-founder Fikayo Ogundipe told Reuters that traffic to their site has been rising along with increased cell phone use, 90% of their traffic comes from phones. “Our focus is on the mobile market,” he said.
Europe gets a new proptech fund
VC fund Volta Ventures announced plans to launch a second fund, called Volta Ventures II. The fund has an initial closing of around $39 million, with plans to invest in budding startups in the Benelux region of Europe: Belgium, the Netherlands and Luxembourg. The fund previously invested in a Brussels-based startup that helps landlords create panoramas for listings platforms.


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Wall Street stocks jumped more than 1 percent. “The U.S. market is popping up on the upside, so I guess they’re optimistic, and it’ll eventually drag us up,” said Paul Hand, managing director at RBC Capital Markets. The heavily weighted financials and energy groups were up 0.3 percent and 0.6 percent respectively. Brent crude oil prices rose above $110 a barrel, while U.S. crude rose to $101.72 per barrel on U.S. budget hopes. Meg Energy Corp rose 2.7 percent to C$35.24, while Encana Corp gained 0.7 percent to trade at C$18.43. Tempering advances was a 1.2 percent drop in materials stocks. Gold miners in particular retreated, with Agnico Eagle Mines Inc off 3.5 percent at C$24.85 and Goldcorp Inc off 2.2 percent at C$24.41. Bullion prices retreated as investors moved away from the safe-haven metal amid prospects of a last-minute U.S. debt deal.
“They wouldn’t make a trip if there wasn’t good news to come,” a European official told Reuters. Canadian negotiators had to balance the needs of a beef sector which wanted to boost exports to the EU with the concerns of the dairy sector, which said it feared that domestic cheese makers could be swamped if the EU quota were raised. The Dairy Farmers of Canada group expressed anger and disappointment at an agreement it said would give the EU an additional 32 percent of the Canadian fine cheese market. “This deal would displace our local products with subsidized cheeses from EU and risk our small businesses being shut down or put out of business. This is unacceptable,” Wally Smith, the president of the Dairy Farmers of Canada, said in a statement. Canada’s Conservative government has over the years stressed its support for the dairy sector. Many farmers are based in rural areas that tend to vote Conservative. The offices of Harper and International Trade Minister Ed Fast did not immediately respond to the dairy farmers’ statement. “I sincerely hope Stephen Harper is not selling out Canadian dairy farmers on this … we’re very concerned with what we’re hearing,” said Tom Mulcair, leader of the main opposition New Democrats. The Canadian Cattlemen’s Association said it had calculated the potential value of Canadian beef exports to the EU to exceed C$600 million ($582 million) annually. The Conservatives, who have a majority in the House of Commons, do not need to face another election until October 2015. Recent polls show them trailing the opposition Liberals who are led by Justin Trudeau. Two sources close to the free trade talks told Reuters they had been informed Canada and the EU could announce they had struck a deal in principle, allowing negotiators to tackle the last few remaining problems in private.
Negotiations started in 2009 with the expectation they would be concluded by late 2012, but they became deadlocked over a few holdout issues, mainly in agriculture. Canada asked for increased European access for its beef while the EU sought to lower tariffs of up to 300 percent shielding Canada’s supply-managed dairy industry from imports of European cheeses. On Wednesday, the Canadian dairy farmers’ association said it would not support a deal that would allow the EU to sell more cheese in this country, arguing that its current quota was already generous. “This (potential) deal would displace our local products with subsidized cheeses from EU and risk our small businesses being shut down or put out of business. This is unacceptable,” the Dairy Farmers of Canada said in a statement. Rudy Husny, spokesman for Canadian Trade Minister Ed Fast, however, reminded that Harper committed to protecting Canada’s supply-managed agricultural sectors. “Our government has been clear. All of the three key pillars of our domestic system of supply management must remain intact: production controls, import controls, and price controls,” he said. The actual amount of the proposed EU cheese quota increase is small, he said. Canadian business leaders meanwhile applauded Harper’s commitment to seal the Canada-EU trade deal soon. “After four years of negotiations, we are heartened by the prime minister’s assurance that negotiations are close to complete on the Canada-EU Comprehensive and Economic Trade Agreement (CETA),” John Manley, president of the Canadian Council of Chief Executives, said. “On both sides of the Atlantic, the CETA will create jobs, spur investment and promote economic growth.” Manley, a former top minister in previous Canadian governments, noted that in most trade agreements, “neither side will get everything it wants.” But he said: “Narrow issues whose economic value is arguably marginal in the context of this trade agreement should not distract us from the huge gains for both sides.” A transatlantic deal would give Canadian companies access to 500 million European consumers and eliminate 98 percent of Canadian tariffs on EU goods. If Europe can secure a free trade deal with Canada, it would lay the groundwork for a planned, much larger accord with the United States, both French and Canadian leaders said in March.


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'OYO Near You' will soon be launched in cities such as Bengaluru, Goa, Kolkata, Mumbai, Chennai, Jaipur, Hyderabad, Pune amongst others in coming months.
1 min read . 23 Apr 2019
- OYO has launched a new initiative 'OYO Near You' through which it will curate experiences for customers in Delhi-NCR
- From wine tastings to movie-screenings, the new initiative would include activities such as house parties, comedy shows, live performances, workshops


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Maggi Nutritionist Vanessa Furlong, said it was timely to talk about the company’s sodium reduction strategy during World Salt Awareness Week. “We have to take our consumers on a journey with us and make gradual changes over time to ensure we balance their taste expectations with the need to reduce sodium,” she said.
As part of a long term strategy to make Maggi healthier, sodium in some of the 2 Minute Noodle varieties has already decreased by as much as 55 per cent and options such as wholegrain and 99% fat free noodles have been introduced. “While we have already made significant reductions to the sodium in our products, we are now in a process of re-evaluating our entire portfolio to remove even more sodium,” Ms Furlong said.
Last year Maggi also made significant changes to its dry Recipe Bases range, removing ingredients unfamiliar to consumers, such as maltodextrin and emulisfiers, and adding in everyday ingredients that included vegetables, herbs and spices.This follows on from the recent commissioning of a new facility within Nestlé’s factory in Auckland to extend the availability of Maggi gluten free products in Australia and New Zealand.


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Scooter’s Coffee, the Omaha-based chain of drive-thru coffee concepts, on Wednesday said that Company President Joe Thornton would become CEO on Jan. 1.
Todd Graeve, who has been CEO of the chain since 2016 and has been with Scooter’s for nearly two decades, is retiring.
“Joe has been a blessing for our business for our business since joining as president,” Don Eckles, cofounder and chairman of Scooter’s, said in a statement. Eckles called Thornton “an exceptionally experienced leader in the restaurant, franchise and retail industry.”
The rest of the year will be a transitional period, the company said.
Thornton has spent 40 years in large-scale operations, strategy and human resources. He is the former chief operating officer with foodservice operation HMSHost and before that held the same position with Jamba Juice.
He takes leadership of one of the fastest growing chains in the U.S. Scooter’s is part of a generation of rapidly growing drive-thru coffee concepts. System sales grew 52% last year, according to data from Restaurant Business sister company Technomic. The chain finished the year with 555 locations, up 39% from 2022.
“I knew this company was special from the moment I arrived,” Thornton said in a statement, noting that the company’s “family roots, core values and stability” are “unmatched.”
He will also take over for a long-term executive in Graeve, who joined the chain in 2005 as a franchisee before joining the leadership team three years later. “We wouldn’t be where we are today without him,” Eckles said.
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World Starts To Worry As Chinese Economy Hiccups
Not long ago, economists and others expressed concerns that China's economy was expanding too quickly. Now, the latest data are raising concerns about a slowdown — and the woes it could trigger.
With a sluggish U.S. economy and troubles in the eurozone, Chinese exports are taking a hit, causing a slowdown on shop floors in Shanghai and Shenzhen. Earlier this week, the Chinese Purchasing Managers' Index, or PMI, fell to its lowest level in nearly three years.
At the same time, it looks like China's commercial real estate bubble may be bursting, with property values in some cities already declining.
China's officials are concerned. Vice Finance Minister Zhu Guangyao earlier this week called the current crisis in Europe "more serious and challenging" than the one triggered by the collapse of Lehman Brothers in 2008. With an eye toward propping up Chinese export markets, he called on global policymakers to stimulate demand.
It's not just a problem for China. In an interconnected global economy, what's bad for China is likely to be bad for everyone else.
In recent years, China has emerged as the biggest player in commodities. It consumes half of the world's cement, iron ore and coal and a significant share of a long list of other raw materials. As a result, commodities producers such as Australia, Brazil and Canada as well as the oil-exporting nations of Africa are likely to feel the biggest and most immediate pinch, says Alistair Thornton, a Beijing-based China analyst for IHS Global Insight.
"Although China doesn't buy much directly from the EU or the U.S., the indirect impact for a slowing China is fairly significant," Thornton said. "Australia, for example, buys quite a lot from the EU and U.S. So, there's a significant indirect link."
There's also likely to be an effect for countries such as Vietnam and Thailand, said Eswar Prasad, who studies international trade and economics at the Brookings Institution.
"It could also affect a lot of Asian economies that are supplying goods to China partly for final demand and partly for onward export to Europe and the United States," he said. A slowdown in China "hurts the commodities exporters and it hurts those who are providing inputs to China for eventual export to the West."
China is Australia's No. 1 trading partner, and that dependence has caused considerable hand-wringing among politicians in Canberra. In the past year, China has also supplanted the U.S. as Thailand's largest market, including for such exports as computers and electronic parts, rubber and chemicals.
But a cooling off in Chinese exports is just part of the problem.
Prasad explains that Chinese officials acted starting in the last half of 2010 to tamp down inflation by putting the brakes on lending and bringing the property market under control.
"Instead, what seems to be happening is that because of tighter credit conditions as well as weak external demand, we have seen a slowdown in manufacturing, which is not ideal from their point of view," he said.
Policymakers in Beijing sought to reverse course this week, announcing Wednesday that they would lower the amount that banks needed to keep in reserve, thus freeing up cash for new loans.
Meanwhile, China, Prasad said, has been trying to boost domestic household demand — partly as a hedge against cooling export demand and partly as a way to get the country's growing wealth to trickle down.
"Those who own the capital are the ones who are doing better. So, this is also feeding into more income inequality," he said.
The share of nongovernment gross domestic product in China has been declining year after year, and now it stands at about 35 to 40 percent — far lower than that of the United States and most other advanced countries, and even lower than that of a number of less advanced economies, Prasad said.
Boosting that household consumption is proving an uphill battle, said Todd Lee, managing director for the Greater China Division at IHS.
"This issue of stimulating demand isn't a short-term thing, because there are structural issues," Lee said. "They can't turn on a dime, so that's a challenge for them."
But Lee and others think China still has plenty of room to increase government investment and that if the government doesn't overreact, it can still steer the economy to a soft landing.
"It depends on what happens," Lee said. "If it's more of a controlled downturn, meaning it's not a hard landing, and the domestic situation doesn't get out of control, it won't be so bad," he said.
"The government still controls the major banks, so even if the banks get in trouble, it's relatively easy for authorities to flush those institutions with a lot of cash to control the situation," Lee said.
"But the downside is that lending practices are not always market-based, so the source for producing a lot of not-so-good loans is always there."
Copyright 2020 NPR. To see more, visit https://www.npr.org.


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Food waste is a indication of that there is something fundamentally wrong with our human civilization. FAO estimates that the global food waste can feed every starving child, man, and woman in the world - three times over.
Fight the future
The future of our civilization is facing severe challenges. Not only climate change, but the rising issues with growing demand for the world’s resources such as food, water, and energy. The pre-Rio+20 UN report “Resilient People, Resilient Planet: A Future Worth Choosing” states that in just 20 years, Earth's population will need at least 50% more food, 45% more energy and 30% more water. Already by 2030, we will need 2 planets to sustain our consumption.
The countries of the EU are wasting 89 million tonnes of food every year. This is equivalent to 179 kg for every EU citizen – and EU forecasts indicate that European food waste will increase by 42% over the next eight years; it will send food waste in Europe to astronomical 126 million tonnes per year. We must act today – and fortunately, help is on its way.
The power of consumers
In my recent TEDxCopenhagen Talk, I addressed the problem of food waste though the eyes of a consumer. While the food waste in developing countries is caused by post harvest food losses, food waste in developed countries is mainly caused by retailers and consumers.
As a consumer, you can do a great deal to fight food waste. By doing so, you can both reduce your CO2 emissions and save your money: a win-win situation. First of all, you have to remember that as a consumer you have a great power: you have power over the retailers - they do not have power over you. While most of the retailers want to force their customers to buy more food than they actually need, the consumers have the power to buy only what they actually need. Planning, shopping lists, cooking of leftovers, and sharing food with neighbors are some examples of good tools against food waste. The main objective is to stop being a “Consumer Zombie” – and start buying only what you actually need – and use all of what you have bought.
In European countries such as Denmark, consumers have taken a remarkable stand and are taking action against food waste. Our organisation Stop Wasting Food Movement - Denmark's largest non-profit consumer movement against food waste – has contributed to this constructive development of influencing public opinion. Four years ago, when the movement was founded, there was not much talk about food waste in Denmark. Today, “food waste” has become one of the central buzzwords in the media - and politicians, as well as the European Parliament and FAO are taking action.
European Alliance Against Food Waste
But consumers cannot fight food waste alone. All stakeholders must be involved: farmers, industry, retailers, canteens, restaurants, and food services. A new EU project, which teams up 21 partners (including Stop Wasting Food Movement), will take a joint stand against food waste.
A 4-year European cooperation against food waste FUSIONS (Food Use of Social Innovation by Optimising Waste Prevention Strategies). Among the 21 Partners from 13 European countries involved are universities, institutions, NGOs, companies, and FAO. The project is funded by the European Commission's FP7. More than 80 European organizations have expressed their support for the FUSIONS. The project is the world's first joint and transnational action against food waste.
The initial objective of the project is to standardize the measurement of food waste. The next aim is to create a European platform of governmental and non-governmental organizations and companies from the food chain, i.e. industry, retailers and consumer organizations. The platform aims to provide simplified data that can identify and evaluate new initiatives to reduce food waste. Furthermore, the results will be disseminated to the public, and the development of technical and policy recommendations to the entire value chain and the EU. The platform will then activate, engage, and support the main stakeholders in the European food value chain in order to deliver a reduction of 50% of food waste by 2020.
We must stand united against food waste to ensure the green future of our civilization.


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When Apple released the first iPhone in 2007, almost no one saw it as the seed of a medical revolution. But it may have been. Just a few years later, we now see phones that double as cardiac event recorders, blood glucose meters, and remote controls for blood pressure cuffs. Doctors can monitor labor and delivery remotely via smartphone. Quantified Selfers can track their bodies via digestible smart pills or stamplike skin sensors, or their brains via neuro headsets. Worried parents might soon consult mobile devices in the middle of the night or dress their infants in a smart onesie to monitor their breathing and sleep patterns.
If this sounds like science fiction, it’s not by accident. Mobile health, or “mHealth,” draws inspiration from the medical Tricorder—the mythical, futuristic, all-in-one diagnostic device used by Dr. McCoy on Star Trek. One company claims to have created the first real life Tricorder with a puck-shaped device that measures vital signs when held against the forehead. If true, that company could win a $10 million X Prize for the first device that “allow[s] a user to diagnose themselves without having to visit a doctor or hospital.” The winner must also feature a human check engine light to alert users when something is wrong. That might jostle someone wearing Google Glass (which itself has health care ambitions).
But mobile health is not only the fixation of futurists, gadgeteers, and financeers. It also intrigues leading medical thinkers and policymakers, many of whom believe that mobile health technologies can save millions of lives, billions in spending, and democratize access to health care. Almost a dozen federal agencies are interested in it. Perhaps its biggest fan was former FCC chair Julius Genachowski, whose public statements on mobile health read like ad copy. The common refrain among policymakers is: We’re here to help.
But to reach its immense potential, mobile health will need the federal government to act like regulators, not just cheerleaders.
The obvious choice for that role is the U.S. Food and Drug Administration, which is charged with ensuring that the nation’s medical devices are safe and effective. On Monday, the FDA took a step toward that charge when it finalized a much-anticipated guidance on how it will regulate medical apps, many of which qualify as “devices” under FDA jurisdiction.
The FDA’s guidance is sensible enough—the agency says it will regulate only the narrowest subset of apps on the market, mainly those that pose a risk to patients if they don’t work as intended. For example, an app that miscalculates an insulin dose might cause dangerously high or low blood glucose levels in diabetic patients. The FDA’s guidance goes out of its way to clarify which apps the agency will and will not regulate, perhaps responding to criticisms that its first draft in 2011 was too opaque.
But such guidance is necessary. The law that gives FDA authority to regulate devices was written in 1976, when no one outside of Star Trek writers contemplated the mobile devices used today.
Finalizing the guidance was no small feat. After FDA published the first draft in 2011, Sens. Michael Bennett, D-Colo., and Orrin Hatch, R-Utah, tried to prohibit the FDA from finalizing its guidance for 18 months. The aim was to “slow things down” on federal regulation. And earlier this year, the House Energy and Commerce Committee held three days of hearings on wireless innovation in health care, which further warned the FDA not to stifle innovation. The FDA has been pressured by Congress and the industry to tread very lightly.
This reflects the present myopia with mobile health. One estimate pegs the current number of health apps at 97,000. The number of apps and users and downloads seems to double each year—as do sales. By 2015, some predict that 500 million people worldwide will use health apps. Not all health apps fall under FDA jurisdiction. But arguably the most important ones do.
How can the FDA, then, help the mobile health industry from churning out digital snake oil, given the mounting evidence that many apps don’t work? Now that the FDA guidance is finalized, attention will shift to how regulators police the industry.
To date, FDA has cleared about 100 medical apps for marketing. But it has taken very few enforcement actions. The first was in May 2013, when FDA notified a company that its automated urine analyzer app had not received FDA clearance. Before that, the FTC brought its first cases, targeting apps that claimed to treat acne via flashing lights from the phone’s screen. But t
hese three enforcement actions are drops in the bucket considering the number of apps available.
Congress is full of bluster warning the FDA and other would-be regulators not to stifle innovation in mobile health. But if Congress really wants to catalyze a real life Tricorder, it should empower the FDA, not hamstring it.
To start, the FDA barely has the resources or personnel to regulate traditional products in its jurisdiction, not to mention these new ones. Congress should give the FDA the resources it needs to police the massive and growing phalanx of medical apps. Though this may be a short-term inconvenience—particularly to apps that are ineffective or unsafe—it will preserve consumer confidence and encourage high-quality innovation in the long run.


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- Articles tagged "powershot"
We scored some time with a pre-production Canon PowerShot G3 X and the limited edition SG50 PowerShot G7 X.
Canon held a mega launch yesterday, with compact cameras that push the extremes, and challenge standard conventions. Is this a sign of things to come, or just an attempt to stand out from the ubiquitous camera on smartphones? Read on for our first impressions of these products.
The PowerShot G and S-series cameras get a new model each, while Canon also unveiled the Legria Mini, a pocket-sized video recorder. Read on to find out more about the new releases.
Canon kicks off the year with the launch of the PowerShot N, a unique palm-sized compact digital camera. This tiny 12.1 megapixel camera is built for flexibility and individuals who wants a pocket-friendly camera that gives them the freedom to be creative.
While the end of 2012 is approaching, Canon reveals that it's not done yet with the camera releases. In addition to unveiling its most affordable full-frame DSLR, the EOS 6D, there are also five new PowerShot cameras. Now, which camera should you ask Santa for this coming Christmas?
We managed to get some alone time with the new Canon PowerShot G1 X digital camera at the Canon's CES booth. Here are our first impressions of this highly talked about prosumer digital camera.
As we approach October, it's about time to start planning your Christmas shopping. Canon Singapore has just launched their latest compact digital cameras, inkjet and laser printers. Here are the highlights.
CP+ is the only large-scale camera and photo imaging trade show in the first half of the year. This year, it was held from February 9 to 12 in Yokohama, Japan. Canon Singapore took the opportunity to show us their latest products that would soon be available.
- Samsung lowers retail prices of Galaxy S6 and S6 edge in Netherlands
- Xiaomi working on a Windows 10 tablet for launch in September?
- Here are the first ten Lumia devices getting the Windows 10 Mobile update
- Photos and specs of Sony Xperia C5 Ultra and M5 leaked, could launch on 3 August
- New Apple TV with touch-based remote and App Store to debut in September?
- Over one million people requested for invitations to buy the OnePlus 2
- Alleged press image of Samsung Galaxy Note 5 and Galaxy S6 edge+ leaked
- Canon launches ultra-high sensitivity camera with ISO sensitivity over 4,000,000


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Almost a quarter (23 per cent) of small businesses (100-250 employees) say that they still haven't made any preparations for the GDPR, which comes into effect in less than a year. Large companies (501+...
The European Union says the powers it wants, including the ability to break up large tech firms, would only be used in extreme circumstances
Facebook has threatened to halt operations in Europe, after Ireland's data regulator told it to stop sending citizens' data to the USA
The developer says Apple's App Store represents a 'monopoly' and has filed a preliminary injunction against the firm
Britain introduced the Digital Services Tax in April, due to slow progress on a global agreement about how to tax tech giants like Facebook
Schrems 'pretty much done with waiting' for a resolution to the Facebook privacy case after seven years and five court cases


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EasyJet takes £15m hit from London airport drone chaos
British no-frills airline EasyJet on Tuesday said closure of London's Gatwick Airport before Christmas caused by reported sightings of drones had cost the group £15 million ($19.2 million, 17 million euros).
EasyJet said it had lost £5.0 million in revenue and taken a hit of £10 million on passenger costs.
"EasyJet has made a good start to the 2019 financial year with robust customer demand and ancillary sales, driving solid revenue generation," chief executive Johan Lundgren said in a trading update.
"This was underpinned by good operating and on-time performance across the network, with the exception of the disruption caused by the Gatwick closures due to drone sightings," he added.
Britain's second-busiest airport shut down for 36 hours in the week leading up to Christmas because of repeated reports of drone sightings, affecting 140,000 passengers, the majority being EasyJet customers.
EasyJet on Tuesday said about 82,000 of it passengers had been affected by the Gatwick closure after the airline was forced to cancel 400 flights.
© 2019 AFP


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Although the water purifier market outlook, but challenges also exist. The adjustment of product structure, changes in distribution channels as well as changes in consumer demand, etc., are required in the various water purifier companies need to improvise and innovate.
water purification industry challenges and opportunities companies need to adjust to changing circumstances (Photo from Internet)
upgrading of product structure: innovation as a key to competitiveness
[ 123] enter 2016, Chinas home appliance industry suffered a lack of effective demand, the market slowdown enormous pressure, part of the production of home appliances category sales decline year on year, compared with the water purifier market in general also maintained good growth, water purifier market in the first six months to achieve rapid growth.
data show that from January this year - in June, overall retail volume of my country water purifier market was 24.33 million units, up 30.11 percent from a year earlier, retail sales scale of 418 billion yuan, up 27.14 percent. While growth in the overall size of the water purifier has also continued to adjust product mix, consumers in the process of buying a water purifier, product quality, attention filtration technology, intelligent operation, appearance and other factors more high. Upgrade of consumer demand, on the one hand to provide water purification industry a broader space for development, but also in Forced manufacturers to accelerate the pace of product development and technological innovation, to launch products more in line with consumer demand.
Channel change: Three four, the rural market has tremendous potential
to change the channel of the same water purification industry provides room for further expansion. Brand Center in the PRC, general manager left the extension magpie seems, the water purification industry in 34 markets and rural market still has great market potential, water purification industry prospects worth the wait, there is still huge growth over the next few years space.
the relevant data, said Per 100 Urban amount of water purifier in late 2015 when Taiwan had reached 17, but in the first half of 2016, the national water purifier has a PER 100 only for the amount of 8, indicating that the water purifier penetration rate is still very low in rural areas, water purifier manufacturers remains to be further developed.
of the water purification industry, electricity providers and now is a channel can not be ignored. According to statistics, from January to June, online water purifier reached 5 billionYuan, an increase of 59.3%. Water purifier in the rapid growth of the electricity supplier channels, so manufacturers will not give any one online competition for the market. While in line at the market precision farming, water purifier enterprises should also continue to strengthen the line, full respect icebreaker through the channel innovation, the implementation of the rapid growth of sales and scale. (Source: China Water Purifier Network)
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