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myPINpad, UK based fintech company which enables multi-channel and multi-factor authentication via the Cardholder PIN, has today appointed Morten Hofstad as Head of the company’s Asia Pacific business.
“We are delighted to welcome Morten to the myPINpad team,” cited myPINpad Executive Chairman and CEO Philip King. “His business development expertise in the mobile payments industry and history of securing ground breaking partnerships with leading financial institutions will be exceptionally valuable.”
The appointment comes at a key stage in myPINpad’s global business development and signifies myPINpad’s investment in appointing a team of industry leaders. Hofstad brings over 15 years of experience spearheading business partnerships within mobile payments, electronic finance services and new technology across Europe, MENA, Africa and Asia to myPINpad’s senior leadership team.
“I am thrilled to be joining myPINpad’s expert leadership team. Their wealth of knowledge brings market credibility to identifying and applying innovative solutions with the most widely used and trusted authentication processes across the globe,” added the new myPINpad Head of Asia Pacific Hofstad. “I am excited to be joining a company with mobile payments technology that is innovative, simple to use and expects to be instrumental in increasing both revenue and return on investment for key members of the payment processing ecosystem.”
Previous to myPINpad, Hofstad served as Director of Business Development for LUUP International Ltd., transforming them from a technology organisation to an E Money financial institution. As Head of Asia Pacific at myPINpad, Hofstad will lead business development in the region and be responsible for the delivery of the Company’s go to market strategy for the region, building and fostering partnerships to bolster myPINpad’s growth in Asia Pacific.
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Unilever’s Lipton Ice Tea has renewed its sponsorship of the hugely popular Brisbane CityCycle scheme by JCDecaux for the seventh consecutive year.
The exclusive sponsorship sees Lipton Ice Tea branding appear on the yellow bicycles and also on the CityCycle website, http://www.citycycle.com.au.
Lipton Ice Tea supports its sponsorship with regular brand sampling and also with out-of-home advertising across the JCDecaux network.
Lipton has sponsored the CityCycle scheme since its inception in 2010, the first advertising funded bike scheme in Australia. The new Lipton sponsorship is effective immediately.
JCDecaux’s CityCycle has 2,000 bikes with 150 bike stations located in and around Brisbane’s CBD including shopping precincts, nightlife and entertainment areas, parks and riverside attractions and urban zones.
Unilever Regional Marketing Director of RTD, Tony Stein, said: “The Brisbane CityCycle sponsorship provides a unique branding opportunity for Lipton Ice Tea whilst also having a positive environmental impact on the city of Brisbane. We are happy to continue this partnership for the 7th straight year.”
JCDecaux CEO Steve O’Connor said: “We are delighted that Lipton Ice Tea has chosen to renew its sponsorship for the seventh year. The CityCycle scheme has become a popular feature of Brisbane’s city lifestyle and an environmentally friendy way of getting around the river city. This makes it a perfect fit for Lipton Ice Tea’s brand credentials.”
Research conducted by JCDecaux* of the Brisbane CityCycle scheme found that the largest users of the bikes are the millennial audience at more than 65%^ and that public opinion is overwhelmingly positive about the bike scheme.
In addition, 61% of people think more positively of brands that sponsor a bike share scheme and 67% recalled the sponsor of CityCycles in Brisbane.
The CityCycle scheme has seen more than 1.85 million trips taken by consumers since launch. In addition, more than 240,000 people have subscribed to the CityCycle scheme.
JCDecaux is considered the world leader in public bike schemes and the schemes operate in 29 cities globally. Considered as an exciting alternative to public transport, as well as easing traffic congestion and providing environment benefits, its bike schemes have won several awards for innovation, design and sustainable development.
About JCDecaux Australia
JCDecaux is the number one outdoor advertising company worldwide with offices in more than 75 countries and 13,000 employees. Founder Jean-Claude Decaux conceived the revolutionary concept of street furniture as advertising in 1964. JCDecaux was established in Australia in 1997 to focus on street furniture and transport and has a presence in Sydney, Melbourne, Brisbane, Adelaide and Perth with more than 6800 assets.
JCDecaux offers innovative, market-leading products, including its new Digital Citylights network, and data and insights tools, along with a high value, technologically engaged metro audience, reaching almost 90% of OG1s in a single week. JCDecaux is listed on the Eurolist of Euronext 100 and Euronext Family Business indexes in Paris and is part of the FTSE4Good and Dow Jones Sustainability Europe indexes.

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The 2011 boom should not hide the fact that existing retail concepts are maturing and retailers will need to innovate to sustain high growth rates.
GCC markets ready for retailer innovations
The boom last year should not hide the fact that existing retail concepts are maturing and retailers will need to innovate to sustain high growth rates.
In 2004 to 2008, the GCC retail market went through an exuberant growth - more than 20 per cent a year. That was followed by a steep slowdown in 2009 to 6 per cent and then a modest recovery in 2010 to more than 9 per cent.
Then last year brought a new boom, with sales by listed retailers increasing by as much as 16 per cent over 2010. Discretionary items outperformed staples significantly: in Saudi Arabia, sales by listed grocery retailers grew at more than 15 per cent, while sales at electronics and luxury goods retailers grew at about 25 per cent.
Also, thanks to a limited number of store openings, sales per square metre increased for the first time in three years. As a result, average operating profit also improved from 6 per cent in 2010 to 7 per cent last year.
Clearly, the boom last year results partly from the strong fundamentals of the GCC consumer markets and partly from a set of one-off factors.
According to figures from Banque Saudi Fransi, the Saudi government's decision to pay about 53 billion riyals (Dh51.91bn) of exceptional bonuses to public employees last year and to increase the minimum wages in the public sector by 37 per cent illustrates the scale of these one-off factors.
Last year was an exceptional year, and we expect the GCC consumer market to grow at a strong but slower rate in the future. Last year's exceptional performance should not hide the fact that existing retail concepts are maturing in the GCC. Historically, modern retailers have outpaced the overall consumer markets by opening stores to gain a greater share of overall consumer spending.
Ten years ago, there were few hypermarkets, mega malls or large specialised electronics stores. Today, penetration by these retail formats has reached high levels. The number of hypermarkets and supermarkets per million inhabitants in the large Saudi cities is now at levels similar to those of the UAE and other emerging markets.
The lower share of modern grocery retail in Saudi Arabia compared with the UAE (50 per cent versus 80 per cent) is not the result of lower store density but of differences in consumer behaviours and basket size.
Although there are still some opportunities in new districts or in smaller cities, the potential for store openings is inexorably decreasing. Currently, it does not stop competing retailers from continuing to open a high number of stores. The risk is that additional supply outpaces the market growth in the coming years, with new stores cannibalising existing ones, and retailers facing significant challenges to maintain their sales per square metre.
Sales per square metre and profit pressures are compounded by the increasing intervention of GCC governments to prevent food-price inflation. So far, GCC governments have focused their price-control efforts on food suppliers, but retailers have been affected in a few situations. If the prices of food commodities globally enter a new phase of inflation, retailers may not be allowed to fully transfer the cost increases to shoppers. Retailers need to manage prices carefully.
As the existing retail concepts mature, retailers will need to innovate to achieve sustainable profitable growth.
Comparison between the state of development of the GCC retail industry and that of more established markets such as the United States suggests there are several areas for innovation.
First, winning retailers will innovate in their existing formats. To do so effectively, retailers will need to invest in understanding their shoppers and in adopting a more segmented approach. As a first step, many GCC retailers such as Jarir Marketing, Landmark Group and Majid Al Futtaim, which franchises Carrefour stores in the Middle East and North Africa, have recently launched loyalty programmes for shoppers.
The next step will be to tailor their offerings and promotions to the needs of the customer mix living in the catchment area of each store. But retailers also need to consider seeding new sources of growth, outside of their existing core business. There is a significant scope for innovation in format, brands and geographies. In format, the region is still focused on a few models including supermarket, hypermarket, big-box specialised retail, and large malls. What about modern convenience stores, cash and carry, hard discounters, outlet malls and e-commerce? These concepts are vastly underdeveloped in the region.
Finally, GCC retailers have a unique opportunity to pioneer the development of a modern retail industry in less advanced Middle Eastern countries such as Egypt and Iraq. Initial geographical expansion of major GCC retailers seems to have been successful, and other retailers should consider these markets.
GCC retailers also have a tremendous potential for innovation in their core and adjacent businesses. Capturing this potential will require a focused strategy as well as the development of a stronger organisation able to manage a more complex business model.


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Facebook Inc. (FB) – Get Report is venturing to the internet dating business with a brand new function that, after recent problems with sensitive and painful individual data, some professionals state the social media giant can’t manage to get incorrect.
CEO Mark Zuckerberg announced the feature that is new called Dating, through the F8 designer seminar final Tuesday. He stated that the internet dating platform begins evaluation later this year and certainly will allow Twitter users to satisfy brand new individuals, concentrating “on long-term relationships — not merely hookups. “
“we wish Facebook to be someplace individuals may start significant relationships, ” a Facebook representative stated. The industry keeps growing quickly: the marketplace research firm IBISWorld stated that the dating industry income increased by nearly 50 % from $1.9 billion in 2013 to $2.8 billion in 2017.
The headlines had been “a little bit of a surprise, ” considering the fact that the statement arrived in the heels of this Cambridge Analytica data abuse scandal, in accordance with Mark Brooks, CEO of this internet dating consultancy Courtland Brooks.
Pages from the Dating platform may be separate from users’ normal Facebook pages, in addition to task defintely won’t be distributed to buddies on Facebook, business spokesperson stated. The organization will not have plans to show advertisements or even to make use of information that is personal the Dating feature to a target advertisements across Facebook’s different items, the spokesperson stated.
Brooks stated that Facebook has elements which can be ideal for a online dating sites platform, particularly its vast reach greater than two billion users, but “if they will maximize Dating, users have actually to trust Facebook. “
Because of the Cambridge Analytica data abuse and Zuckerberg’s Congressional testimony maybe not far behind the statement of Dating, “it’ll truly cause some social visitors to be reserved, ” stated Needham analyst Kerry Rice.
“But it will not be their core company, ” Rice stated, including which he does not know whoever would go to Twitter to get dates. “It is predicated on linking with whom you know, perhaps maybe not whom you have no idea. “
The organization might be incorporating additional energy or “stickiness” into the Facebook app, because it has done in days gone by by the addition of features such as for example Marketplace and Twitter Live. It really is confusing the way the business will monetize the application, nonetheless, considering that Facebook doesn’t want to run ads or cost a subscription cost for Dating.
Facebook’s main competitor in internet dating, Match Group, Inc. (MTCH) – Get Report, having said that, has been in existence for the time that is long internet dating is its single focus, Rice stated. The dating items business includes brands such as for example Match, Tinder, PlentyOfFish and OkCupid, therefore the company makes cash on its online dating sites by offering subscriptions, premium services and adverts. Match Group had been spun away as being a company that is public IAC/InterActive Corp. (IAC) – Get Report in 2015.
After Twitter’s statement may 1, Match stocks plummeted a lot more than 20%.
Even when Twitter had been to soak up Match’s whole company, at an industry cap of nearly ten dollars billion, it can add up to only a little percentage of facebook’s market limit of $511.4 billion.
“I’m unsure it’ll ever be sufficient to move the needle for Facebook, ” Rice stated.
IBISWorld analyst John Madigan consented that Twitter’s venture into online dating sites could possibly be hurt because of the “bad optics” surrounding its maneuvering of sensitive and painful user information.
“Finally, their rivals are not necessarily concerned because Facebook continues to be reeling from Cambridge Analytica, ” Madigan stated. “they don’t really feel threatened. “
“we are flattered that Facebook is getting into our room — and views the international possibility that we do — as Tinder continues to skyrocket, ” Match Group CEO Mandy Ginsberg stated in a declaration. “we are amazed during the timing because of the quantity of individual and delicate information that includes this territory. “
Match’s moms and dad business IAC additionally weighed in regarding the competition, with CEO Joey Levin commenting, “Come on in. The water’s warm. Their item could possibly be perfect for US/Russia relationships, ” alluding to Facebook’s previous difficulties with Russian nationals making use of the platform to influence the 2016 U.S. Election that is presidential.
As the popularity of this Dating function depends to some extent from the safety of Twitter’s data, rivals like Match and EHarmony Inc. Will additionally enjoy the business tightening its defenses because apps such as for instance Tinder and Bumble utilize Twitter profiles to validate users’ identities.
“Facebook really assists these apps detect faulty profiles and actors that are bad” Madigan stated. “It is great for everyone. “
Madigan stated it would seem anticompetitive and against the company’s best interests that it is unclear whether Facebook will choose to revoke the ability of order a russian bride third-party apps to use Facebook profile information in this way, but.
“It is simply not fair, ” Brooks said.
Facebook is a keeping in Jim Cramer’s Action Alerts PLUS Charitable Trust Portfolio. Wish to be alerted before Cramer buys or sells FB? Learn more now.


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FedEx in appeal to relax rules over cargo
Sunday 01 December 1996
The company, its main US rivals, UPS and DHL, and Australia's TNT, are currently barred from "fifth freedom" rights which would allow them to carry cargo from the UK to third countries.
Fearing that the freight issue will take a back seat in the talks, or be used as a bargaining chip, FedEx is lobbying other government departments, notably the Department of Trade and Industry.
It claims that BAA, the privatised airports authority which would gain from any increase in traffic, also supports such a move.
FedEx's central argument is that protecting the UK's air cargo market from foreign competitors is only hurting British exporters. "The current rules on express freight are protectionist, but Britain doesn't have an industry to protect," said a spokesman for the company.
While the UK has a thriving international air passenger industry, led by British Airways, the courier business is largely domestic, relying mostly on foreign companies to forward international packages.
As a result, shipments from Britain to India, Japan and Australia often end up taking a scenic tour through the US before arriving at their destination.
A report by the transportation consultancy Portland Group, which was commissioned by FedEx and included in its latest submission, estimates that exports to Asia would rise by pounds 3.1bn a year if the company's request was granted.
Open skies, page 3
Mountain goats miraculously survive avalanche in the Alps
Skyfall's Ben Whishaw confirmed for Freddie Mercury film
Trenton Oldfield deportation: Boat Race protester allowed to stay in UK over fears his Indian wife would face racism in Australia
Sir Ian McKellen hits back at Damian Lewis' 'fruity actor' claims
Teenage girl convicted of robbery after taking pre-crime selfie wielding knife
Housing double whammy: A whole generation ‘won’t be able to buy or rent a home’
'I'm experiencing austerity as well', says Princess Michael of Kent
- 1 Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
- 2 TK Maxx and discount stores: If it looks too good to be true, it probably is
- 3 Teenage girl convicted of robbery after taking pre-crime selfie wielding knife
- 4 Government delays EU immigration report because it is too positive
- 5 'I'm experiencing austerity as well', says Princess Michael of Kent
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Broadband Internet usage outpaced narrowband usage for the first time in January 2002, according to Nielsen//NetRatings, as broadband surfers logged 1.19 billion hours.
Broadband Internet usage outpaced narrowband usage for the first time in January 2002, according to Nielsen//NetRatings, as broadband surfers logged 1.19 billion hours, accounting for 51 percent of the 2.3 billion hours spent online during the month.
The total time spent online by broadband surfers skyrocketed 64 percent year-over-year to 1.19 billion hours, while time spent online by narrowband surfers decreased 3 percent from 1.18 billion hours to 1.14 billion. By comparison, broadband users spent 727 million hours online in January 2001, accounting for 38 percent of the total time spent online.
"Broadband usage has hit mainstream, with time spent online by broadband surfers surpassing the critical 50 percent benchmark," said Jarvis Mak, senior Internet media analyst, NetRatings.
Both the home and work Internet markets have posted impressive gains in broadband usage in the past year. Nearly 21.9 million at-home surfers accessed the Internet via broadband connection in January, skyrocketing 67 percent from January 2001, and accounting for 21 percent of the total online population at-home.
During the same time period, the at-work broadband population jumped 42 percent to 25.5 million office workers, as compared to 18 million the year prior, reaching 63 percent of the Internet office population.
"Broadband surfers spend as much time online as narrowband surfers and also comprise a growing proportion of the overall online population. Increasingly, online business models will be built and marketed with the broadband surfer in mind," Mak said. "The growth and development of broadband will create a more interactive and robust online experience, impacting e-commerce, streaming media and overall Internet content."
|Broadband Audience vs. Narrowband Audience |
U.S. Home and Work Audience
|Jan. 2001||Jan. 2002||Percent |
|Broadband Unique Audience||At Home||13.1 million||21.9 million||67%|
|At Work||18.0 million||25.5 million||42%|
|Narrowband Unique Audience||At Home||87.0 million||82.0 million||-6%|
|At Work||19.3 million||15.0 million||-23%|
Speaking of interactive content, the Yankee Group's Digital Home Entertainment Survey, 76 percent of households with broadband access report that they used their computer to play audio CDs within the past three months. An additional 60 percent of broadband households used their PC to play online games in the prior three months, and 49 percent said they use their PC to download music. Video applications lagged in comparison, with only 33 percent of broadband subscribers saying that they used their PC to watch video streamed over the Internet in the prior three months, followed by downloading movies (23 percent) and watching DVDs (23 percent).
"Broadband opens new doors for the delivery of entertainment content to the PC," said Michael Goodman, senior analyst with the Yankee Group's Media & Entertainment Strategies research and consulting practice. "While audio applications and gaming are well positioned to capitalize on high-speed access in the home today, video still must improve before it becomes a reliable consumer product."
A report from ARC Group expects the worldwide residential market for broadband to be worth $80 billion by 2007, at which time almost 300 million broadband business and residential premises will be connected via different access technologies. The report also predicts that by 2007 broadband connections will outnumber narrowband connections.
While the residential market has the largest number of broadband installations, the business market will be the largest in terms of revenue and bandwidth usage. In 2007, there will be more than 30 million broadband business premises, with Western Europe accounting for one-third of the installations. In North America, the rise in broadband business will slow down due to broadband saturation.
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Wednesday, July 23, 2014


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MITSUBISHI PAJERO SPORT REVIEWS | 2020 MODEL
Read and compare reviews on the Mitsubishi Pajero Sport 2020 Model from top New Zealand automotive journalists on trusted websites.
Road test review: Mitsubishi Pajero Sport
SOURCE: STUFF | YEAR: 2020 | WORDS: DAMIEN O’CARROLL
Well, it hasn’t quite gone full-on Triton – rather, think of it as a more refined, urbane version of the Triton’s aggressive Transformer face.
A larger grille, smaller headlights and new LED combination indicator/cornering light/fog lights bring the beast, while tweaks to bumpers and other exterior trim (plus the addition of a rear spoiler as standard) make the Sport look lower, wider and more squared-off than before.
The polarising tail lights have come in for a refresh too, with a bolder, squarer look that sees them looking far less like clocks in a Salvador Dali painting now.
The new bumpers make the Pajero Sport 40mm longer than before, but it has lost around 20kg, with a decent chunk of that coming from the new aluminium bonnet that shaves 7.8kg off its weight.
Shaving millimetres off here and there inside the Pajero Sport has seen an increase in interior width of 25.6mm, while storage space has also increased, but the big news inside is the all-new 8-inch multi-information display that replaces the traditional dials behind the steering wheel, which is its first appearance in a Mitsubishi.
This, along with the addition of an electric tailgate, a revised and enlarged touchscreen infotainment display and remote control access via a phone app make the Pajero Sport one of the most high-tech vehicles in the company’s line up.
SUV Test – 2020 Mitsubishi Pajero Sport VRX
SOURCE: COMPANY VEHICLE | YEAR: 2020
The Mitsubishi Pajero Sport for 2020 is a far cry from the previous models to bear the name and indeed from the Challenger model from which it came.
As it stands, the Pajero Sport is a solid addition to the Mitsubishi range of vehicles in this country – taking its place at the top of the SUV tree for the Triple Diamond brand in terms of spec if not in price.
Powered by the tried and true 2.4-litre, direct injection MIVEC diesel with turbocharger which delivers 135kW of power and 437Nm of torque, the Pajero Sport is one of the first Mitsubishi’s to adopt the 8-speed automatic transmission which opens the engine’s full potential across a diverse range of driving applications – including towing up to 3.1 Tonnes.
But this is not the only strong suit of the Pajero Sport, a generously sized SUV which comfortably accommodates seven adults, and which has seen the very best of Mitsubishi’s technology installed.
Improvements to the aesthetics, the enhancements to the suspension – as found on the Triton – improvements to connectivity by way of Bluetooth telephony, an 8-inch touchscreen for Apple CarPlay and Android Auto compatibility, a power tailgate with remote operating app or key-fob.
These are of course, merely highlight: cruise control USB and HDMi ports, leather seats electrically heated and adjusted up front and of course the immensely capable four-wheel-drive ability provided by the Super Select II with off road mode – Mitsubishi’s very serious four-wheel-drive system.


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Economic Stability and Investment Opportunity in Shanghai Trade Zone
Economic Stability and Investment Opportunity in Shanghai Pilot Free Trade Zone of 2020
In 2013, the State Council of China approved launching of the first Free Trade Zone (FTZ) in Shanghai, the main aim of which is the attraction of foreign investors. The deep investigation of the investment opportunities proposed by China and its economic stability is necessary to identify whether it would be profitable for the foreign companies to invest into the development of new businesses. The FTZ also focuses on the intention of the government to continue pushing ahead the reforms that touch upon financial and service sectors. All six areas represented in the guidance of reform were determined in September 2013 and concerned the definite sectors for further investment. Besides, it was identified that further the zone will allow the implementation of the pilot reforms regarding the interest rate, financial deregulations, and RBM convertibility. The attractive and efficient proposal should raise the interest of the number of investors, but the main question is whether the goal will be achieved by 2020.
Keywords: Free Trade Zone, investment, pilot reforms, RBM convertibility.
Today, one of the main goals of China is to make Shanghai an international financial center of the country, similar to Hong Kong by 2020. To reach the aim, China accelerates the implementation of the numerous necessary reforms. Of cause, this situation will not allow avoiding the bureaucratic resistance but the number of the elaborated plans and specific strategy will help to overcome the possible problems easier. Such confidence is supported by the previous positive experience of China that proved the ability of the country to make significant improvements and reach prosperity during only several decades. The country seriously intends to achieve the best results, which is ensured by the number of reforms and huge range of spheres for realization of the plans that it proposes to the future investors. Besides, the government paid significant attention to the items that will simplify the process of cooperation. Consequently, Shanghai FTZ is a crucial project that is grounded on the involvement of the number of prosperous foreign companies to invest into the financial and service sectors of the country that will further contribute not only to the development of Shanghai but will also bring significant profits to the investors.
Establishment of FTZ
The main aim of the Premier Li Keqiangs visit to Shanghai in 2013 was approving the first Free Trade Zone of the country. Officially, it was launched on 29th September 2013. Initially, the development of the FTZ was planned during the Chinas Third Plenum of the 18th Communist Party Central Committee that was regarded as one of the most important meetings for the elaboration of the economic agenda of the next ten years. The FTZ of Shanghai occupies more than 25 square kilometers and comprises four areas that spread along the East coast of the city. The main goal of the zone is expanding the economic and financial reforms of China, focusing more on opening the service industry.
The experts are sure that the elaborated policies will be quickly and successfully implemented in the other FTZs that are situated around China. The Shanghai FTZ comprises 18 industries, which encompass six areas. All these aspects concern the service sector, including the professional, shipping, financial, social, commercial, and cultural services. The other crucial part of FTZ is prohibiting the participation of foreign investors in the business in case it is included into the negative list. The new approach is a great step directed towards the improvement of the regular environment for foreign investments.
The Perspective Plans and Economic Stability
Numerous experts state that the announcement of the FTZ is equal to Chinas joining the WTO in 2001. The main aim of the WTO in that period was the reduction of restrictions for the foreign businesses in the trading and manufacturing zones. The FTZ is going to be developed in the similar way but orienting more on the financial and service sectors. Such approach is very beneficial for foreign investors because the country had previous positive experience in the introduction of the similar initiatives and can be proud of their effective implementations. The formerly used model resulted in the significant influx of foreign investments and development of the manufacturing sector. Consequently, both investors and China got a number of benefits. The foreign investors earned money and China, especially Shanghai, became the attractive location for the numerous companies, the majority of which established headquarters in this area. Such success and further great perspectives of the performance of foreign trading and manufacturing companies caused the increase of new offices in Shanghai. The new reforms of China have a similar core and the economists consider that they will have the same positive results.
Of cause, numerous foreign companies are afraid to invest waiting for the more solid financial infrastructure. However, the most popular tendency is investing into the small or medium-size companies that need the influx of the capital. In that case, the positive aspect is high possibility of further easy reinvestment. One of the crucial aspects that will help to support the firm ground for the growth of the revenues of the investors is a considerable number of financial professionals who will help to implement the key items of the pilot. Besides, the country has one of the best-equipped ports in the world. The crucial aspect is that the government is planning to liberalize interest rates in the regarded zone. The success of the reform significantly encourages such innovations. The companies that will be ready to invest into the business should not get an approval from the relevant government department that simplifies the procedure. The foreign-invested companies are only required to complete the recordfilling process. Besides, the foreign financial institutions are allowed to set up the banks with external investments in the FTZ. The private capital enterprises can build joint venture banks with the foreign financial institutions. The credit organizations invested from abroad are also allowed to be established in the FTZ, but such companies should be created under the form of joint ventures.
Additional Active Industries
The expansion of the Shanghais financial sector will definitely create the great additional demand for the consulting, accounting, marketing, and legal services to support the businesses. Such aspect can cause the transformation of the Shanghai FTZ into the global financial center that will open more doors to the foreign investors and will definitely bring serious benefits for the professional services. The crucial aspect is that the development of the service sector in the area will induce demand in such sectors as healthcare, manufacturing, IT, and retail that will widen the area for the effective cooperation as well. The economists predict that healthcare and retail will be the most demanding sectors. The national healthcare spending is expected to increase from more than $300 billion to $1 trillion by 2020 that will comprise 12 percent of CAGR. The swelling of foreign investments will cause raise in the quantity of international companies that further induce additional demands for the extensions of healthcare and pharmacologic businesses. Thus, a great number of foreign companies will be able to attract the investment in their existing projects adding more business lines including medical devices development, drugs discovery, sales, marketing, and manufacturing.
The additional attractive sector is retail. Today, the retailers occupy approximately eight percent of space in Shanghai. The growth within the service sector anticipates a very fast expansion of the population that will increase by 22 percent until 2020s. Consequently, the consumer class will increase by 50 percent during the next 5 years. Such calculations prove the raise of opportunities for the retailers that will induce building the strong ground for the development of new foreign businesses and will attract numerous investors. Today, such brands as Yum and Pizza Hut are standing in the top of the list and half of their global revenues are coming from China. Such aspect should encourage the owners of the other brands to pursue aggressively the invasion into the China market.
The city government is also aiming to create the basic framework of the scientific innovations center by 2020. The core of the plan is establishing the Zhangjiang Comprehensive national Science Center that will attract the number of world-leading research organizations and innovation groups. To reach the goal, the government of Shanghai is going to establish the Zhangjiang Science City that will cover more than 90 square kilometers. Ying noticed that the city government elaborated the guidance to support the foreign development and research centers that will base in Shanghai. Such approach will help to contribute significantly to the scientific innovation center ambitions of the city. The government is going to attract numerous talents that will also require appropriate investments for their scientific investigations that will further result in the growth of profits for foreign investors and for the country. According to the governmental report, more than 600 regional and global headquarters of the multinational companies were established in Shanghai together with the more than 400 development and research centers. Some foreign companies can be also attracted by the intension of the government to improve the city air quality through the reduction of the density of hazardous fine particles that currently comprise PM2, 5 and will be shortened until 40 micrograms that is also an efficient sphere for investment and development of the foreign businesses on the territory of China.
The investigation of the numerous reforms and plans of the Chinese government concerning the occupation of the leading position of Shanghai as a business center until 2020 helped to identify numerous positive aspects that will help the country to achieve its main goal. However, the crucial aspect is whether such haste will not induce the occurrence of numerous obstacles. The previous positive experience showed that China successfully coped with the similar issues. Besides, the country had a close practice of entering the WTO. At that time, the government oriented more on the development of financial and service sectors instead of manufacturing. The great positive aspect is that the development of financial and service sectors opens a number of other perspective spheres for investment, including retail, marketing, healthcare, and commercial trade. Consequently, there are numerous positive factors that will help the country to reach its aim.


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Tesla plans to add a new camera system for autonomous driving, which could make the mirrors even more redundant.
The richest man in the world introduced the CyberTruck in 2019 for the first time
When the CyberTruck was first unveiled in 2019, it came equipped with these cameras which also acted as rear-view mirrors. But at the time, many believed that regulators were not going to allow Tesla to pull off this stunt. So, more recently, the car has indeed been seen with mirrors. But these mirrors ruin the car’s transparent symmetry and cyberpunk futurism. Now, in a tweet, Elon Musk has revealed that the mirror is required by law but has been designed in such a way that it can be easily removed by owners.
Side view mirrors are a requirement of the United States Federal Motor Vehicle Safety Standard called rear visibility. The side mirrors ensure that the driver has a good view of obstacles on the sides and rear of the truck.
Tesla has gone to great lengths to remove mirrors completely, as modern cars also come with blind spot cameras as well as reversing cameras that help with reversing. Tesla has always ensured the sustainability of its cars with advanced hardware and constant software updates and if and when regulations change, Tesla has added the ability for its owners to remove the mirror as the cameras are already integrated.
Tesla vehicles also come with advanced autonomous capability, and the Cybertruck will be the first car it launches to feature a new generation of autonomous chips and cameras. In other words, by the time of their release in 2022, these cars will have the latest hardware and software and an old-fashioned solution like side mirrors will be extremely redundant.
For the latest automotive news and reviews, follow TUSEN.com on Twitter, Facebook and subscribe to our YouTube channel.


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Old Bike Mart offers the UK’s largest selection of classic motorcycle classifieds. It features the latest news, reports from the racetrack, part and tool reviews and ‘how to’ guides. Newly discovered historic machines are revealed in all their unrestored glory and there’s a nostalgic look back through the annals of motorcycling history. There are also dealer and workshop profiles where the experts behind some of the UK’s finest restorations give a behind-the-scenes insight into how the magic happens. Readers’ rides are examined, buyers’ guides show you what to look for and there are hundreds of ads to browse.
FROM OUR ARCHIVES
MADE IN JAPAN
MOTORCYCLES IN MY LIFE
A BIT ON THE SIDE
The June issue of OBM will be on sale on Saturday, June 2 – order your copy now!


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Consumer confidence fell in New York but rose nationally in July, according to the latest poll by the Siena College Research Institute.
The New York State Index of Consumer Sentiment decreased 3.3 points in July, while the nation's index increased 1.0 points, the institute said. At 75.4, New York's overall Index of consumer sentiment is 9.7 points below the nation's Index of 85.1.
"National confidence, up slightly, is now ten points greater than in New York as sentiment slipped by over three points in the Empire State," Doug Lonnstrom, professor of statistics and finance at Siena College and SRI founding director, said in the report. "Women, Upstaters and younger consumers fell sharply this month despite a strong showing on Wall Street."
He attributed the different to persistent slow job growth and economic uncertainty in New York.
"Nationally, the current outlook is nineteen points higher than it is in New York as more New Yorkers continue to say 'what recovery' compared to those surveyed across the country," he said.
In July, buying plans among New Yorkers were up for homes, and cars and trucks. They were down for furniture and major home improvements.
Fifty-seven percent of New Yorkers say that current gasoline prices are having a very serious or somewhat serious impact on their financial condition. Sixty-five percent of state residents indicate that the amount of money they spend on groceries is having either a very serious or somewhat serious impact on their finances. Forty-nine percent of state residents say that both gasoline and food prices are having either a somewhat or very serious impact on their finances.
The poll was conducted by random telephone calls to 808 New York residents over the age of 18. Since consumer sentiment is expressed as an index number developed after statistical calculations to a series of questions, no margin of error applies. Buying plans, which are reported as a percentage based on answers to specific questions, has a margin of error of plus or minus 3.5 points.
The institute's poll results are compared to a national survey of consumer sentiment by the University of Michigan.


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“As investors, we always look for the next big thing… and the food industry is the next big thing to get involved in.”
That’s how Brian Frank, founder of FTW Ventures, kicked off the food tech investment panel at the 2018 Smart Kitchen Summit. He was joined onstage by Carmen Palafox, partner at Make in L.A.; Tom Mastrobuoni, CFO of Tyson Ventures; and the Spoon’s Ashley Daigneault.
Indeed, it seems like the time is ripe for investment up and down the food supply chain. Like, for example, the shift towards meat alternatives; a growing consumer demand with which protein giant Tyson Foods is very familiar. But instead of simply staking out their territory, Tyson, which produces 35 million chickens per week, decided to capitalize on this trend and invest in its disruptors: from plant-based Beyond Meat to cell-based Memphis Meats.
“We look at technology from two angles; how applicable is this to our supply chain, or how disruptive is this to our supply chain going forward?” said Mastrobuoni. “We all diversify.”
Palafox agreed that timing is a key aspect of investment. “A lot has to do with cultural shifts and the way that people are thinking about food safety,” she added. For example, her firm, which focuses on hardware, recently invested in Pathspot, a device which scans restaurant employees’ hands to test for pathogens. “They’re trying to change culture from within food chains.”
Of course, not all food innovations work seamlessly (cough, meal kits). During the panel, Frank admitted that he had accidentally stolen a shopping bag from the Amazon Go store. “Amazon spends millions and millions of dollars to develop a system to track you in their store, yet they don’t track the bags,” he said. “And this is where I think that technology as a service for these things is still evolving.”
There are a lot of other really rich observations and smart takeaways in this panel, plus some smart insight into food system investment. Check out the video below to hear what this diverse group of investors is most excited (and worried) about in the food tech space, and how they think we’ll all be sourcing, cooking, and eating food in the future.
For more videos of panels, fireside chats, and startup pitches from the 2018 Smart Kitchen Summit head to our YouTube channel!


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UNESDA to participate to first meeting of Circular Plastics Alliance aiming to make EU economy more circular
On 5 February, UNESDA will join the Circular Plastics Alliance high level launch event hosted by European Commission Vice-President Katainen. UNESDA will be one of 30 organisations to attend from the among the 70 which have pledged through the formal EU register to support the uptake of 10 million tons of recycled plastics by 2025.
UNESDA will be represented by Bruno Van Gompel from the The Coca-Cola Company and will share the vision, ambitions and solutions of the sector to make our packaging more sustainable and accelerate progress at EU level.
The Alliance aims to help boost both supply and demand of recycled plastics and the first meeting will seek to confirm the mandate as proposed by the European Commission. Remaining challenges and bottlenecks will be addressed through the setting up of operational working groups that will meet between March and June.
The Alliance will reconvene at a high level in September to adopt a declaration and roadmap.
More information can be found on the Commission website here.


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Microsoft in a blog post officially announced that they will start rolling windows 10 Creators Update for Windows 10 Mobiles from April 25. the update will roll out in phases and the first in the line will be the newer devices, especially those which were tested by the company with their OEM hardware partners and will be release to additional devices based on the feedback received during the initial phase.
Here is the official Statement :
Windows Phone will follow the same phased approach, with rollout scheduled to begin April 25. Note that update availability may vary by manufacturer, model, country or region, mobile operator or service provider, specific installed software, hardware limitations and other factors such as feedback from customers.
Microsoft today officially announced that Windows 10 Creators Update will begin to roll out to customers around the world from April 11. the company first announced the Windows 10 Creators Update on October. the update will first initially available for Windows 10 PCs and will be released to Windows 10 Mobiles on a later date.
Today, I’m excited to share our latest update to Windows 10, the Creators Update, will begin to roll out on April 11. The Creators Update is designed to spark and unleash creativity, bringing 3D and mixed reality to everyone and enabling every gamer to be a broadcaster. Beyond creativity, it brings new features to Microsoft Edge, additional security capabilities and privacy tools, and so much more.
We reported earlier that the ISO for Windows 10 Creators Update Build 15063 are available for Download and it is also available from Windows 10 Update Assistant. the company did take a note of the leaks and has blocked access to both the methods and has officially pushed the ISO of Windows 10 Creators Update Build 15063 to Windows Insiders which you can download from here, if enrolled in Windows Insider Program
Microsoft recently also listed the feature’s which were removed or deprecated from the Windows 10 Creators Update. the company also announced that Surface Book, Surface Studio are coming to new markets.
Surface Book with Performance base is available for pre-order today in Austria, China, Denmark, Finland, France, Germany, Hong Kong, Japan, Netherlands, Norway, Sweden, Switzerland and the United Kingdom and will be available for purchase on April 20th. And, Surface Studio and Surface Dial are available for pre-order today in Australia, Canada and New Zealand and will be available for purchase in Canada starting April 20th and in Australia and New Zealand on April 27th.*
You can read more about the Windows 10 Creators Update from here.


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Leading Canadian online lifestyle magazine and production company Noteable Life has partnered with the Canadian Country Music Association ahead of the much-anticipated 2018 CCMA Awards, becoming the official Producer of Record.
With this partnership, the CCMA Awards will have a refocused content strategy that will aim to better connect with the rising number of country fans within Canada. In addition to connecting fans to the music, the partnership will result in more recognition for Canadian country artists from all over. To do this, Noteable Life will produce the live 2-hour broadcast, and promote the awards through social media and marketing techniques. Leading up to the event, fans can expect to see experiential and high-impact brand campaigns, as well as collaborations with Canadian country artists.
Country fans can see the 2018 CCMA Award Show broadcast live from the FirstOntario Centre in Hamilton, Ontario, on CBC on September 9th at 8pm EST.


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HAROPA Port has presented half-year results that improve overall on the first half of 2021.
Container traffic remained at the same level with 1.485 million TEU and a 2 per cent increase in inland operations.
Market share expanded marginally against the backdrop of a general decline in container traffic across the Northern Range, HAROPA port added.
In other markets, maritime traffic totalled 42.08Mt of goods, up by 2Mt.
Liquid bulk traffic registered growth of 14.5 per cent or +2.62Mt, in line with the restarting of operations at Gonfreville refinery.
Dry bulk traffic declined by 4.2 per cent despite a positive trend in the cereals segment (+2 per cent) and a 2022-23 marketing year judged to be as good as 2021-2022.
Ferry freight vehicle traffic continued to be positive as a 26 per cent increase over 2021, and passenger traffic was up by 24 per cent.
Maritime traffic at the ro-ro terminal registered a fall of 19.4 per cent but gained a 10 per cent variation on June levels.
Swiss company TiL, a subsidiary of shipping line MSC, committed to investing €700m to triple the capacity of the container terminals it operates at the port of Le Havre, Port 2000, with the creation of more than 1000 jobs by 2028.


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Singing legend Kylie launches alcohol-free wine at Morrisons
KYLIE Minogue has become the latest pop star to launch a drink at Morrisons.
After Ellie Goulding launched SERVED at the Bradford-based supermarket chain earlier this week, Kylie 0% Alcohol Sparkling Rosé has launched at Morrisons.
Kylie’s newest offering from her successful wine range is available for under a fiver at Morrisons stores until Valentine’s Day.
Kylie said: “I am absolutely thrilled to be launching Kylie Minogue Wine’s first zero per cent alcohol, Sparkling Rosé.
Produced from selected ingredients of the highest quality including premium European grapes and high altitude, hand-picked, organic tea from the Yunnan province in China.
“Our Kylie Minogue Wines Zero Sparkling Rosé is an innovative beverage which combines complexity, a fine balance and dry finish, to appeal to any Sparkling Rosé drinkers looking for a delightfully clean, textured product, minus the alcohol.”
Ellie O'Sullivan, No/Low Wine Buyer at Morrisons, said: “After the success of the wider Kylie wine range, it’s fantastic to be able to offer customers an alcohol-free alternative at a discounted price.
“We hope a wide range of our customers can take advantage of this offer and enjoy the new fizz.”
Kylie 0% Alcohol Sparkling Rosé is available in selected Morrisons stores nationwide now for £4.99, down from £7, until February 14.
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Lowest offer in Bangladesh wheat tender
November 13, 2012
The lowest offer in a Bangladesh tender to buy 50,000 tonnes of wheat that opened on Monday was $359.66 a tonne, including freight, insurance and other expenses, an official from the state grains buyer said. It was the third tender issued by the state grain purchasing authority since the current fiscal year started in July, as it tries to secure supplies of wheat amid rising concerns about crops being affected by adverse weather in leading exporters the United States, Russia and Australia.
A domestic firm made the lowest offer among three bidders in the tender, with the wheat to be shipped within 40 days of signing the deal. The offer will now be submitted to the cabinet purchase committee for approval. The government plans to import 800,000 tonnes of wheat in the year to June 2013, while private traders import 2.5 million to 3 million tonnes annually.
Monday’s offer is higher than the lowest offers made in the previous two tenders. The government paid $352.95 a tonne and $344 a tonne to buy a total of 100,000 tonnes of wheat. Concerns about smaller-than-expected crops sparked a rally in wheat futures last week amid hopes that tightening supply would boost export demand for US offerings.
In late 2010, Bangladesh suffered badly, with a number of deals scrapped by the suppliers after a spike in global wheat prices following the Russian ban. However, the south Asian country’s overall food supply is largely safe this time, with plenty of rice in stocks.
Wheat consumption is rising in Bangladesh in line with steady economic growth and changes in lifestyles, although rice remains the staple food for its 160 million people. Domestic wheat production, however, has stagnated at nearly 1 million tonnes in recent years.


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Adobe’s generative artificial intelligence (AI) has been used to create over a billion images since its launch this past March, and the Silicon Valley software company isn’t slowing down: Firefly availability is expanding to all global markets.
Firefly’s standalone web service now supports text prompts in over 100 languages and Adobe says it plans to expand the Firefly user interface localization to 20 more languages, with versions in French, German, Japanese, Spanish, and Brazilian Portuguese available today.
Adobe says that today’s announcement broadens the generative AI’s reach to millions of more users which will, no doubt, propel the platform to even more usage beyond the already impressive one billion generated images mark.
“We’ve been amazed at how creators have been using Firefly to create more than a billion gorgeous images and text effects making it one of Adobe’s most successful betas ever in just over three months,” Ely Greenfield, CTO of Digital Media at Adobe says.
“Today’s announcement is about making Firefly accessible to more people in their preferred languages, so they can continue to leverage our unique model to bring their imagination to life, and create the highest quality assets that are safe for commercial use.”
Since its launch in March, Adobe has integrated Firefly across its software suite including into Photoshop, Express, and Illustrator. The company has indicated it doesn’t intend to stop there, either. Adobe plans to launch Firefly for Enterprise later this year, once the platform comes out of beta.
“Firefly for Enterprise is designed to be commercially safe and Adobe plans to enable businesses to custom train Firefly with their own branded assets, generating content in the brand’s unique style and brand language. Firefly for Enterprise addresses the surging demand of digital content at scale and helps enterprises streamline and accelerate content creation while optimizing costs,” the company says.
“The new company-wide offering enables every employee across an organization, at any creative skill level, to use Firefly to generate beautiful, on-brand, ready-to-share content that can be seamlessly edited in Express or Creative Cloud. Enterprises also have the opportunity to obtain an IP indemnity from Adobe for content generated by certain Firefly-powered workflows allowing them to deploy it across their organization with confidence.”
Image credits: Adobe


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All new orders going via the Alfa Matrix webstore will be including volume 17 of the label’s popular free Sounds Of The Matrix compilation series..
Tag archives: Alfa Matrix
In June last year we featured a short interview with the Belgian electro act Llumen who got featured on the 7th volume of “Endzeit Bunkertracks”,.
“Total Progressive Collapse” is the title of the label debut album by the Los Angeles based electropop act Entrzelle for the Alfa Matrix label. Out.
Right on International EBM-day (24/2) Front 242 have officially revealed more details about their forthcoming release planning. In 2016, 3 albums from the band’s repertoire.
Alfa Matrix signs old-school EBM side-project Restricted Area aka Elm mastered by Pontus Stålberg (Spetsnaz) – first download EP available now!
Alfa Matrix recently added the Swedish one-man old school EBM army Elm to its roster. Elm is noon else than electro veteran Peter Elm (Restricted.
With the release last April 2015 of the download EP “Sacrament To The Scalpel” and the “Emulgent disfigurement” 2-track download single on the Alfa Matrix.
The Italian electro metal duo Helalyn Flowers strike back with the follow-up to their last studio album “White Me In // Black Me Out” released.
Alfa Matrix launches massive free compilation ‘Matrix Downloaded 005’ including a new Front 242 remix and much more!
Alfa Matrix was the first industrial label to launch free label compilations on Bandcamp and is now back with the 5th edition of their now.
The sale period is not offer at Alfa Matrix. Today the Belgian label has launched a massive Cyber Monday Sale for its releases available on Bandcamp and.
Out of the blue the Belgian label Alfa Matrix has launched massive sales for its releases available on Bandcamp (their complete back catalogue actually since.
It’s back catalogue time at Alfa Matrix. The label has announced that they now have added 99,99% of their back catalogue material online in the.
With the 4th edition of their free “Matrix Downloaded” label digital compilation, Belgium’s Alfa Matrix label celebrates its 14th birthday. This free (or pay if.
Out now and available for immediate download from the Alfa Matrix Bandcamp page are 4 new EPs. The first is the “Emulgent disfigurement” EP by.


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COMPANIES offering internet-based phone services in the US have been given just 120 days to ensure that their lines provide access to the emergency services, the Federal Communications Commission (FCC) ruled last week.
Internet phone services, known as voice over internet protocol or VoIP, have been heralded as the future of telephony, as they promise virtually free phone calls. But the FCC ruling threatens to burst the VoIP bubble. The new rules are likely to push up the cost of VoIP calls, and could also reduce competition by squeezing smaller companies out of the market.
Unlike traditional phone calls, VoIP calls do not need a dedicated phone line. Instead digitised voice data is broken up into packets and sent over a computer network in much the same way as an email, which allows a network to be used far more efficiently.
Last year saw large numbers of businesses across the globe switching to VoIP networks, and domestic consumers have begun to follow suit. But because VoIP is not a traditional phone service, internet phone companies until now were not legally required to provide access to emergency services.
In March a family in Houston, Texas, that had recently switched their home phone to a VoIP service found they couldn’t call 911 when they needed help after they were attacked in their home. Two of them suffered gunshot wounds. In response to this, Greg Abbott, attorney general for Texas, filed a lawsuit against Vonage, the family’s VoIP provider, on the grounds that it should have disclosed any shortcomings in its 911 service.
“I suspect that the FCC is looking at this from a legal standpoint,” says Keith Nissen a senior telecoms analyst with Arizona-based In-Stat. At the moment it is unclear whether the phone company or the government is liable when things go wrong, he says. “The sad fact is that we have spent so much time splitting hairs about what is a telecommunications service and what is an information service that we have endangered public safety,” said Michael Copps, an FCC commissioner.
Even if companies do supply a 911 service, the quality of internet phone calls is often poor, potentially causing a problem in emergencies. And because VoIP systems identify callers by the service provider they use, they may not route a call to the nearest emergency services centre. Emergency services may also be unable to pinpoint the location of a caller in trouble.
At the moment only a few VoIP companies offer 911 services, and in some areas no 911 facility is available at all. Some companies connect calls to untrained administrative personnel at the VoIP company who may not even answer the call. The new regulations will require VoIP companies to ensure that callers are connected to a proper emergency services call centre, and also that they are connected to the one closest to them. Companies must also provide information about an emergency caller, such as their phone number and location of the caller.
Even if companies do supply a 911 service, the quality of net calls is often poor causing a problem in emergencies
But it is questionable how effective these regulations will be. Some of the larger VoIP companies, such as Vonage, were already planning to introduce 911 services for domestic accounts. Placing a time limit for all companies to comply could create a bottleneck with companies competing to buy access points to the phone networks from local exchange carriers. This and limited available infrastructure could force small VoIP businesses out.


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- Will Amazon stock go up in 2020?
- Is Amazon stock a good investment?
- Will Amazon stock recover?
- What will Amazon stock be worth in 2020?
- Is Amazon a good investment for 2020?
- Will Amazon stock price go up?
- Will Amazon stock go up 2019?
- Is Amazon stock a good buy?
- How much is a share of Amazon stock?
- What will Google stock be worth in 2020?
- What should I invest in 2020?
- What are the best shares to buy?
- Can I buy Amazon stock?
- How much of Amazon does Jeff Bezos own?
- Why did Amazon’s stock drop?
- How long will Amazon last?
- Is Amazon a good investment 2019?
- Will Amazon ever split?
- Does Amazon pay a dividend?
- Is Apple stock a good buy right now?
Will Amazon stock go up in 2020?
Amazon.com, Inc. (AMZN) stock closed 2019 at $1,847.84 and closed Friday, Jan. 17 at $1,864.72, up just 0.9% so far in 2020. The stock is in bull market territory at 42.7% above its low of $1,307.00 posted on Dec.
Is Amazon stock a good investment?
Amazon’s stock price gained more than 7% on better-than-expected sales and cloud revenue. Earnings per share were particularly strong, exceeding consensus analyst estimates by more than 60%. Amazon’s big quarter has reassured the market that the company is still making the right calls on investing in its business.
Will Amazon stock recover?
For after a drop of 5% in Amazon stock over a week (5 trading days), while there is only about 43% chance the stock will gain 5% over the subsequent week, there is more than 46% chance this will happen in 3 months, and 62% chance it’ll gain 5% over a year (about 250 trading days).
What will Amazon stock be worth in 2020?
Deriving Amazon’s Net Income: Net Income increased from $2.4 billion in 2016 to $11.6 billion in 2019 and is expected to be around $13.4 billion in 2020.
Is Amazon a good investment for 2020?
20 stocks to buy in 2020: Apple, Amazon and Disney are among favorites of Wall Street pros. After a stellar 2019, investors look ahead to 2020 for stock picks. Analysts are skeptical that the stock market’s gains, which are at more than 20% in 2019, will remain in the double-digit percentage range next year.
Will Amazon stock price go up?
Stock Price Forecast
The 45 analysts offering 12-month price forecasts for Amazon.com Inc have a median target of 2,408.00, with a high estimate of 2,700.00 and a low estimate of 1,850.00. The median estimate represents a +31.58% increase from the last price of 1,830.00.
Will Amazon stock go up 2019?
In the longer term, Amazon is consolidating a bear market decline of 36% from its all-time intraday high of $2,050.50 set on Sept. 4 to its Dec. The stock is strong in 2019, with a gain of 29.4% year to date, and it is up a bull market 48.7% since its Dec. 24 low.
Is Amazon stock a good buy?
Amazon stock remains a good buy, as we’ll get to. However, there are two caveats: Only investors who are long-term focused should consider buying shares. Investors should build their full position by dollar-cost averaging — investing the same dollar amount at some set time interval, such as quarterly.
How much is a share of Amazon stock?
You can buy pieces of stocks and funds with as little as $5—and our subscription plans start at just $1 per month.
What will Google stock be worth in 2020?
Alphabet stock price forecast* for tomorrow, and next weeks based on the last 30 days
|2020-02-28||Price: 1519.790||Min: 1498.590|
|2020-02-29||Price: 1522.730||Min: 1502.080|
|2020-03-01||Price: 1526.480||Min: 1505.130|
|2020-03-02||Price: 1545.320||Min: 1524.980|
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What should I invest in 2020?
Here is my list of the seven best investments to make in 2020:
- Stay the Course with Stocks – But Tweak Your Portfolio.
- Real Estate Investment Trusts (REITs)
- Invest in Yourself.
- Invest in a Side Business.
- Payoff Debt.
- Starting or Supercharging Retirement Savings.
- Spending Time with Family.
What are the best shares to buy?
Recommended shares to buy
17 more rows
Can I buy Amazon stock?
Amazon Direct Stock Purchase Plan (DSPP)
You can participate by opening an account with Computershare>, where you can purchase, hold and sell Amazon stock. There are transaction fees for both buying and selling stock, which will vary based on the company stock you’re buying or selling.
How much of Amazon does Jeff Bezos own?
Bezos will own roughly 4 percent of Amazon, a stake that was worth almost $36 billion on Thursday. By keeping 75 percent of the couple’s Amazon shares, or about 12 percent of the company, Mr. Bezos will most likely remain the richest person in the world.
Why did Amazon’s stock drop?
Amazon shares fell as much as 9% in after-hours trading Thursday following its third-quarter earnings report, with the stock recovering to a 1.3% loss by Friday afternoon. The move was in part due to Amazon’s return to investing heavily in its business, which weighed on profitability.
How long will Amazon last?
“Amazon will go bankrupt. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years,” he said. Bezos went on to say that it was his job to delay that date by as long as possible. Amazon turned 25 years old today, so it is fast approaching Bezos’s 30-year benchmark.
Is Amazon a good investment 2019?
Here’s why you should buy Amazon stock now. Shares of e-commerce and cloud services giant Amazon.com (AMZN) are up another 24% so far in 2019. While it isn’t the blowout performance of years past, Amazon shares are once again outperforming the overall market and are now up a staggering 2,220% in the past decade.
Will Amazon ever split?
The long pause. Yet throughout the rise that eventually sent the tech giant toward a $1 trillion market cap, Amazon has never done another split. Even a brief move in the share price above $2,000 during 2018 didn’t prompt a move. CEO Jeff Bezos has historically shown no real interest in doing further stock splits.
Does Amazon pay a dividend?
Despite climbing to a market capitalization above $900 billion, with over $230 billion in annual revenue, Amazon still does not pay a dividend to shareholders. Rather than return cash to shareholders, Amazon continues to plow its cash flow back into the business.
Is Apple stock a good buy right now?
11, Apple stock rose above its prior all-time high of 233.47 set in October 2018. AAPL stock is now near the 280 price level, some 26% above the buy point. When stocks become 20% to 25% extended beyond a buy point, that’s usually a good time to take some profits.


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IT security in focus in Tanzania this week
SECURITY| April 23, 2012, 10:29 a.m.
By Hudson Kazonta, Dar es Salaam, Tanzania
Tanzania will host the International Information Computing Technology Security Conference on 27th April this year in Dar es Salaam. The conference will address the risks of using mobile devices for personal, corporate and mobile banking applications.
The aim of Conference is to gather industry stakeholders, International Service Providers, and the financial and telecommunication public regulators to understand the challenges which face in securing mobile money and mobile banking services.
Another aim will be to raise awareness in the area of information security, highlighting the current attack methods and major risks faced by any organization which uses Information Technology as a business enabler and/or to deliver key services.
The conference will be the first and most prominent Information Security Conference on mobile money and mobile banking held in Dar es Salaam to date. Also the conference will gather the best of breed research conducted on mobile security internationally in order to create awareness among public regulators and industry players.
The Summit will gather policy regulators and private players under the umbrella of Tanzania Telecommunication Regulatory Authority (TCRA) in order to initiate a discussion regarding the mobile money and mobile banking security issues that will have to be addressed by industry stakeholders.
TCRA will be able to share Vision and activities that will contribute to build the Tanzania Road-Map for 2012. In particular, the authority will share progress made in the design of the first Tanzanian CIRT.
Tanzania is one of the fastest growing mobile money African markets. Mobile banking and mobile payments solutions are reaching an impressive number of users who intend to benefit from the advantages offered by the branchless banking and mobile money.
Banks and network operators are working together to offer mobile money solutions to an ever more demanding consumer market. In Tanzania the mobile payment service market is regulated by the Bank of Tanzania and TCRA respectively for the financial transactions and the mobile network operations.
As new mobile payments solutions flourish to offer added value to million of consumers, very little seems be known about the Information Security Issues surrounding the technologies adopted.
The Conference will be held in Doubletreeby Hilton Dar es Salaam Oysterbay hotel.
MORE SECURITY NEWS
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Kaspersky Lab: Ebola hook in “Nigerian” spamIn September spammers produced topical new versions of the old “Nigerian Letter” scam, this time based on the Ebola virus. Read More
Cisco warns of unprecedented growth of malicious trafficThreats designed to take advantage of users’ trust in systems, applications and personal networks have reached startling levels, a new report by Cisco reveals. Read More
Users cover webcams due to spying fearsKaspersky Lab research has found a large proportion of computer users cover up their webcams for fear of being spied on. Read More
Growing African focus on data securityBeachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation. Read More
Costly kids: families lose money or data due to children on the netAccording to joint research by Kaspersky Lab and B2B International, 18% of users in South Africa have lost either money or important information as a result of their children’s online activity. Read More
No silver bullet for securityFor too many businesses, the idea of a security ‘quick fix’ is tempting, and they learn the hard way that there is no such thing, says Intact Security. Read More
Every fifth Android user faces cyber attacksAccording to the results of the “Mobile cyber-threats” survey carried out by Kaspersky Lab and INTERPOL between August 2013 and July 2014, every fifth Android-based device protected by Kaspersky Lab security solutions was a target of malware at least once during the reporting period. Read More
Risks of cyber attacks hard to defineIt is extremely hard to apply to the risks caused by the myriad cyber threats out there, as they are hard to define, harder to prevent, and it is almost impossible to accurately assess the cost and damage of a breach once it has taken place, says Intact Software Distribution. Read More
FEATURED STORYGrowing African focus on data security
Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.
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SAP has once again raised its revenue outlook, reporting broad market adoption of SAP HANA and its ‘Run Simple’ strategy validated.


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Is it acceptable to spend eight years encouraging people to do something, then stage a U-turn and tax them for following your suggestion?
Islington Council thinks it is. 289 more words
3 days, 16 hours
“The two inventions of the century, the car and the computer, are gradually converging. We need to design future mobility to be even more intelligent and networked.” Prof. 885 more words
2 weeks, 5 days
Motorcycle theft is reduced to zero in Westminster ‘hotspot’. Motorcycle thieves are now avoiding St James’s Square in London, thanks to a series of anti-theft initiatives. 913 more words
Thanks to the Honda press office I have been driving a Honda Civic Tourer during the Christmas and New Year break. And what a delight it has turned out to be. 187 more words


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The Del Ray Business Association has turned supporting local businesses during the coronavirus pandemic into a game.
A bi-weekly bingo series that started today (Monday) fills a 5×5 card with ways to support local businesses in Del Ray. The goal, according to the association, is to “wear a face mask, maintain social distance, and play for the chance to win $50 in Del Ray Dollars,” which are redeemable at some businesses in Del Ray.
Options on the first care include donating canned food to a neighbor, picking up a six-pack of beer from Hops N Shine (3410 Mount Vernon Avenue), and ordering take-out from one of the local restaurants.
A new card will be released every two weeks, the organization said, with the first card running from April 27 to May 10. Anyone who completes five challenges in a row on the board with pictures of their food or retail purchase, challenge, or a screenshot of your receipt can send it to [email protected] and will be entered into a drawing.
The deadline for submissions is Wednesday after the final date on the card. In this case: May 13.
Details about the specific challenges on this week’s bingo card can be found at the Visit Del Ray website.
Photo via Del Ray Business Association
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Amazon was the tech sector’s big winner last year as the world’s biggest retailer hit the trillion-dollar milestone. To this date, it continues to dominate the tech stock market and retail but it is never immune to issues and downtrends. If there is one lesson to be learned from Facebook and Mark Zuckerberg’s follies in 2018, it is that data scandals are the last thing a tech brand wants.
The online retailer is on the brink of being drawn into a data scandal. Some sources are claiming certain Chinese payment processors are forcing seller clients to share their Amazon’s Marketplace Web Service (MWS) secret keys. Some of the accused processors are LianLian Pay and Pingpong.
Third parties like payment processors can securely pass on private sellers’ account information by connecting to the MWS. However, the standard practice would be to use a dedicated programming interface and not the seller’s keys.
Parties that have access to a seller’s secret keys could have access to his data. This includes the personal details of that seller’s customers, including purchase histories, addresses, payment details and more. Such data are provided by customers upon purchasing, but they are disclosing it knowing well that the information will remain secure and private.
So far, there are no reports of the breached information being used for malpractice. However, issues such as these can still cause a dent in Amazon’s track record. Being a U.S. brand, Amazon is treading on thin ice with its issue involving Chinese payment processors. Despite the possible repercussions of the looming data scandal, it seems like the e-commerce giant remains unfazed, and it’s continuing to improve its services.
Amazon moves forward with Whole Foods strategy
Amid the controversy, Amazon has taken more steps to improve its Whole Foods market strategy after acquiring the brand in 2017. Last year, the retailer introduced free grocery delivery for Prime members in select locations. This coming 2019 could be the year that Amazon starts building new Whole Foods branches to increase its reach.
A report by the Wall Street Journal says that there are stores being planned for suburban locations like in the Rocky Mountain region. The report adds that the stores will be bigger than previous Whole Foods stores so that Amazon will have more storage for products and other online services.
In doing so, Amazon is giving people from the U.S. more reasons to subscribe to its premium membership service. The company is yet to disclose just how many Whole Foods branches it will open, but since that is Amazon’s focus for 2019, people can expect to see more than just a couple.
Amazon’s worth on the stock market is in a struggle between highs and lows. The possible consequences of a data scandal are worrying investors, but at the same time, its recent projects that improve customer service continue to change retailing.
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BRICS countries pin high hopes on cooperation in industrial digital transformation
Participants attend the BRICS Forum on Development of Industrial Internet and Digital Manufacturing in Xiamen, east China's Fujian Province, May 23, 2022. (Xinhua/Lin Shanchuan)
XIAMEN, May 24 (Xinhua) -- The industrial internet and digital manufacturing are taking root in BRICS countries, namely Brazil, Russia, India, China and South Africa. There are broad prospects for cooperation in these fields, transforming modes of production and shaping people's experiences of life, work and study.
This topic was extensively discussed at the opening ceremony of the BRICS Forum on Development of the Industrial Internet and Digital Manufacturing on Monday in Xiamen, east China's Fujian Province, with nearly 300 representatives attending in person and virtually.
The use of smart agricultural equipment such as driverless tractors is now commonplace on large farms in Brazil, one of the world's biggest producers and exporters of soybeans and beef, according to Brazilian Ambassador to China Paulo Estivallet de Mesquita.
In Russia, digital technology has been widely applied in the unmanned manufacturing and transportation sectors. Some transportation product prototypes are undergoing digital transformation upgrades, said Alexey Gruzdev, Russia's deputy minister of industry and trade. He also said that Russia is ready to work with other BRICS countries in industrial digitization.
India is also working on digital infrastructure and government services, and the country has cut health care costs through digital means, making inexpensive health care services accessible to the public, said Som Parkash, India's union minister of state for commerce and industry.
South Africa is taking advantage of the industrial internet and digital manufacturing to create more opportunities for young people, said Ebrahim Patel, South Africa's minister of trade, industry and competition, expressing the hope that related businesses and sectors in BRICS countries will carry out closer cooperation.
In China, digital transformation leads the way to industrial development. "China has built the largest optical-fiber and mobile networks in the world, with over 1.6 million 5G base stations and over 400 million 5G phone users," said Xiao Yaqing, China's minister of industry and information technology.
The scale of China's industrial internet sector has exceeded 1 trillion yuan (about 150.2 billion U.S. dollars) and spawned a host of new business models, such as collaborative research and development, unmanned production, remote operation and maintenance, online monitoring and shared manufacturing, Xiao said.
An initiative on cooperation among BRICS countries in the manufacturing industry's digital transformation was launched on Monday, covering issues such as the development of digital infrastructure and how to boost the inclusive growth of small and medium-sized enterprises.
The forum is scheduled to run from Monday to Tuesday and is being co-hosted by China's Ministry of Industry and Information Technology, the provincial government of Fujian and the municipal government of Xiamen.


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Convenience stores join war against plastic packaging
Convenience store chains are strengthening eco-friendly initiatives in the new year as the demand for disposable goods has declined in recent years with rising environmental consciousness.
BGF Retail, operator of CU convenience stores, announced on Tuesday that it will replace disposable goods with eco-friendly products this year.
Eight types of disposable items, including paper cups and dishes, will be replaced with eco-friendly products made with unbleached pulp, which makes recycling easier. Kraft paper, designed for packaging products, will be used to make eco-friendly paper cups.
Less plastic will be used to package these products, according to BGF Retail.
The move is in line with the decreasing sales of disposable goods at CU.
The sales growth of disposable goods has been falling every year since 2016, when the on-year sales growth of disposable goods stood at 11.7 percent. The figure declined to 8.8 percent in 2017, 5.5 percent in 2018 and turned to minus 2.5 percent in 2019. The growth declined further last year to minus 3.1 percent.
Similar trends were observed at GS25.
The on-year sales growth of disposable items at GS25 has declined since 2017. The growth was 15 percent in 2017 and 11.6 percent in 2018, then minus 1.5 percent in 2019 and minus 0.2 percent last year.
“Considering that the growth has started to decline dramatically in 2019, falling disposable goods sales does not seem like a direct result of the Covid-19, which has kept more people at home,” said Kim Ha-yan a spokesperson for GS Retail. “The continuous rollout of environmentally friendly campaigns as well as the encouragement of tumbler use at workplaces seem to have affected the sales of disposable items at convenience stores.”
To respond to the growing eco-friendly trend, GS25 and 7-Eleven are using polylactide, a renewable thermoplastic and a polymer processed from the starch of plants, for some of its products.
7-Eleven recently started utilizing a sushi meal package with eco-friendly packaging made with polylactide, and might use it for other products, while GS25 started using polylactide for ice cream last year.
BY JIN MIN-JI [email@example.com]


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Nigel Jenney, Chief Executive of the Fresh Produce Consortium (FPC), seems to be expressing concern about the immediate impact of new immigration rules on the food industry. His statement suggests that these rules pose a critical challenge for the industry, particularly in terms of ensuring the availability of affordable and safe food.
Immigration rules can affect the workforce in various industries, including agriculture and food production. If these rules make it more difficult for businesses to hire the necessary labor, it could lead to labor shortages in sectors heavily dependent on immigrant workers. In the context of the food industry, this could impact the production, harvesting, and processing of fresh produce.
Nigel commented on Linkedin
“The immediate effect of the new immigration rules poses a critical challenge for the industry. I would have hoped feeding the nation by promoting the availability of affordable, safe food was a key priority of Government.”
Labor shortages often result in increased costs for businesses, as they may need to offer higher wages to attract local workers or invest in automation to compensate for the lack of manpower. These increased operational costs can then be passed on to consumers in the form of higher food prices.
Immigration Rules: Unraveling the Impact on Food Prices in the UK”
The United Kingdom’s immigration rules have long been a topic of discussion and debate, influencing various sectors of the economy. In recent times, concerns have been raised about the potential ramifications of these rules on the nation’s food industry, particularly in terms of food prices and the overall availability of affordable, safe produce. This article aims to explore the intricate relationship between immigration rules and food prices in the UK.
The Crucial Role of Immigration in the Food Industry:
The food industry in the UK heavily relies on a diverse and often migrant workforce. From planting and harvesting crops to processing and packaging, many tasks within the agricultural and food production sectors are fulfilled by workers from different parts of the world. These individuals contribute significantly to the efficiency and productivity of the industry, ensuring a steady supply of fresh produce to meet the demands of the nation.
The Impact of Labor Shortages:
Recent changes in immigration rules have raised concerns about potential labor shortages in the food industry. Stringent regulations may make it more challenging for businesses to hire migrant workers, leading to a shortfall in the workforce. This, in turn, can have a direct impact on the production and processing of food, potentially resulting in delays, reduced output, and increased operational costs.
Higher Operational Costs and Automation:
Labor shortages often force businesses to increase wages to attract local workers, and this can contribute to higher operational costs. To mitigate the impact, some businesses might turn to automation, investing in technology to replace human labor. While automation can enhance efficiency, it also requires significant upfront investments that can strain the financial resources of smaller enterprises.
Passing the Buck to Consumers:
Ultimately, the increased operational costs incurred by businesses are often passed on to consumers in the form of higher food prices. From fruits and vegetables to processed goods, the cost of production plays a crucial role in determining the prices that consumers see on the shelves. As a result, any disruption in the labor market due to changes in immigration rules can have a direct impact on the affordability of food for the general population.
Government Priorities and Food Security:
Nigel Jenney, Chief Executive of the Fresh Produce Consortium, has expressed concern over the potential implications of immigration rules on the nation’s ability to feed itself. His statement highlights the importance of considering food security as a key priority when shaping immigration policies. Striking a balance between controlling immigration and ensuring the availability of affordable, safe food is crucial for maintaining a sustainable and resilient food supply chain.
The relationship between immigration rules and food prices in the UK is complex and multifaceted. As policymakers navigate the delicate balance between controlling immigration and sustaining the nation’s food security, it is essential to consider the broader impact on the food industry. Striking a harmonious balance will be crucial in ensuring that the UK continues to enjoy a diverse, affordable, and secure food supply in the years to come.


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HCM Projects has won almost £20m worth of construction contracts, including four major projects, in the first two months of the year.
The firm, which is part of Harris Construction Management, will soon start work on a £1 million, two storey extension to create a new showroom and offices at Sandal Mini on Dewsbury Road, Wakefield.
It has also won a £4m contract to extend and remodel Primark’s Grimsby store and will carry out a £10 million upgrade to Britvic Soft Drinks’ production and warehouse facility in London.
A fourth contract will see the business extend an existing B&M store at Belper in Derbyshire, to create two new retail units.
Danny Mulqueen, managing director at HCM Projects, said: “We enjoyed record turnover in 2015 and these contract wins are the best way of ensuring this growth trend continues in 2016.
“We’re also delighted to be winning such a diverse range of work, which is testimony to our versatility and competitive pricing policy.
“These project wins give us a strong pipeline of work and we are now in the process of submitting tenders for a number of other exciting projects, with both new and existing clients, which will help to drive our expansion throughout the rest of the year.”
HCM Projects, which employs more than 50 people, operates mainly in the private sector delivering industrial, commercial, residential and retail schemes. The company had a turnover of £43 million in 2015.


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At it’s annual developer conference 2022, surprisingly Google shared the first glimpse of it’s upcoming flagship Pixel 7 series. Google made a couple of new announcements at it’s developer conference held on Wednesday which includes the launch of the budget-centric Google Pixel 6a and the Android 13 beta 2.
Google Pixel 7 and Pixel 7 Pro:
Google confirmed that the device will launch in the Fall of this year and comes with the stable version of Android 13. At the announcement, the company also showed the picture of both the Pixel 7 and the Pixel 7 Pro on the stage. Both the devices look exactly the same as it’s predecessor as there are no changes made in the design elements.
Both phones come with a redefined camera bar on the rear side as this time the company used recycled aluminum in the camera bar instead of the Glass used in it’s predecessor.
The camera bar and the rear frame of both devices are made up of a single piece of recycled aluminum instead of glass. There are cutouts on the camera frame that house the camera lenses. The standard Pixel 7 features a dual-camera system which is placed in a pill-shaped camera module.
The Pixel 7 Pro features a triple camera setup – a dual-camera setup in a pill-shaped camera module like the standard model and the third camera in a circular camera module. This is also the first time Google will bring a triple camera system to it’s pixel smartphone. At this stage, Google did not reveal the front side of the device so we have to wait for the actual launch or wait for some leaks and rumors.
Apart from the looks, Google also revealed that both the Pixel 7 devices will be powered by the second generation of it’s in-house Google Tensor silicon, Titan M2 security chip, and will run on stable Android 13 out of the box.
Google also shared that the Pixel 7 will come in three color options that are Obsidian, Snow, and Lemongrass while the three colors for the Pro models are Hazel green, Obsidian, and Snow.
More details about the display, RAM, storage, and other bells and whistles are still under wrap and will be revealed later this year so we have to wait for that.
That’s it. This is an ongoing story and we will keep our readers updated about more details regarding the upcoming pixel flagship so stay tuned.
Other Trending News:- News


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Honda is promoting six all-new models of the 2012 Civic at several universities on the West Coast via the Civic "Study Break" social marketing tour. Honda North America offers college students the chance to own a 2012 Honda Civic Si Coupe. The "Study Break" social marketing tour is hosted on the Facebook page of Honda Civic.
Honda is seeking to connect with college students and give them the chance to explore Civic’s lineup. The Arizona State University campus is where the tour kicks off on April 21. The tour will proceed to five more universities through May 12.
At this tour, students could also get a free lunch by texting special codes located on the vehicles. To win a 2012 Honda Civic Si Coupe, the students could also register at the Web site.
The tour stops are the following: April 29 - University of Arizona; May 3 - University of Southern California; May 5 - University of California, Los Angeles; May 10 - Stanford University; and May 12 - University of California, Berkeley.
Tom Peyton, brand manager at American Honda Motor Co., Inc., said that Honda hopes that through the Civic 'Study Break' tour, it will be able to get the attention of young consumers and present the all-new Civic to them.
He said that the tour enables students to know Civic's new interactive technologies and personalization features in a “unique and fun way.” The 2012 Civic is offered in many variants: a standard coupe and sedan models, two sporty Si versions, one hybrid, one natural-gas alternative-fuel variant and the Civic HF (an all-new model).