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Shares of the robotic-surgery company TransEnterix (ASXC -0.36%) rose by as much as 69% today in early morning trading. This small-cap healthcare stock has now appreciated by over 200% since the U.S. Food and Drug Administration, or FDA, approved its Senhance Surgical Robotic System just last Friday.
TransEnterix's Senhance Surgical Robotic System is designed to compete directly with Intuitive Surgical's (ISRG -0.49%) market-leading da Vinci system. Although there's no guarantee of success, the commercial opportunity presented by the rapidly growing robotic surgery market is absolutely immense, to put it mildly.
Since launching the da Vinci system in 2000, for instance, Intuitive has seen its flagship device regularly rake in over $800 million a year in new system sales. So, TransEnterix arguably only needs to capture a tiny slice of this sizable market to justify its current valuation -- implying that there may be plenty of upside remaining in this surging biotech stock going forward.
After this major regulatory win, it wouldn't be all that surprising if TransEnterix ends up fetching a handsome buyout offer from the likes of either Intuitive Surgical, or perhaps Johnson & Johnson (JNJ -0.53%). J&J, after all, has been looking for a way to make a big splash in the high-growth robotic surgery market, and the Senhance Surgical Robotic System may be the perfect opportunity to do just that.
A buyout also makes a lot of sense for TransEnterix -- that is, if the right offer comes along. With less than $30 million in cash at the end of the most recent quarter, after all, TransEnterix doesn't really have the necessary financial resources to take on an embedded competitor like Intuitive Surgical.
Bottom line: TransEnterix's radical revaluation is certainly justifiable in light of Senhance's healthy commercial opportunity -- but the company will undoubtedly need to address its weak financial position soon. To do so, TransEnterix may choose to either sell itself to a deep-pocketed company like J&J, or tap the public markets to raise capital. Either way, growth investors may want to keep a close eye on this emerging robotic surgery company in the days and years ahead.


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May 29, 2017 marked the official opening of an additional production shop of the Klingelnberg Group in Hungary’s Pannonia region with a ceremony...
Machine manufacturer Klingelnberg, the specialist in toothed gear and gearbox technology, has launched a new website. The website,...
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Wahoo Fitness has received “significant” equity support from current and new investors which will see the brand eliminate all debt and provide cash liquidity.
Led by Wahoo’s Founder, Chip Hawkins, Wahoo says it has “fully recapitalised” its business with support from investors who have experience in supporting diverse connected fitness and endurance athlete platform businesses.
The confidential arrangement is also designed to extend the company’s prominence in advancing innovation in the global smart fitness and training category.
The announcement, which was made on Wednesday, May 17, comes after a period of uncertainty for the brand.
In April, the brand had its credit rating lowered by rating agency Moody’s after it delayed debt service payments at the beginning of the month.
In the same month, fellow credit ratings agency S&P downgraded Wahoo’s debt to D.
Chip Hawkins, Wahoo founder, said: “The successful recapitalisation of the business provides the flexibility we were seeking as a management team to allow for investment in innovation and growth from the company’s substantial base and category leadership position, by diversifying the breadth of its offerings to better support athletes and fitness enthusiasts.
“Wahoo’s management team is energised by a renewed focus on delighting its customers and continuing Wahoo’s mission of building a better athlete in all of us.”
Read more: ‘To continue our growth it was a necessary move’: Distributor I-ride on relocation and boosting Orro Bikes
Mike Saturnia, Wahoo CEO, added: “The investment from both new and existing investors is a clear sign of confidence in the strength of Wahoo- specifically our team, brand, strategy, and powerful ecosystem of innovative products, software, and services.
“This could not have happened without months of hard work and support from our channel partners.
“We want to thank our supply chain and retail and distribution partners for their trust and confidence as we navigated to a successful conclusion to this process.”


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Starbucks' New Prepaid Card Lets Customers Earn Awards Anywhere The prepaid card will be available later this year and usable at any retail locations that accept Visa.
This story originally appeared on Fortune Magazine
In the latest change to how it tries to cultivate customer loyalty, Starbucks will launch a new prepaid card by year-end that will let customers earn points on any purchase -- even if it's not at Starbucks.
The coffee giant announced its Starbucks Rewards Prepaid Card from Chase at its annual shareholder meeting on Wednesday in Seattle, just one of many new initiatives it unveiled in the hopes of building on the momentum that saw sales hit a record $19.2 billion last year.
The prepaid card will be available later this year and usable at any retail locations that accept Visa.
"We were sitting around thinking, wouldn't it be nice if we all had a payment card that would enable you to earn Starbucks stars for every dollar spent using that card?" Starbucks COO Kevin Johnson told investors. "Now if this card were accepted virtually anywhere, this could become your primary card for shopping, for travel, for online spending."
Starbucks last month announced a controversial overhaul of its loyalty program coming next month. Patrons are currently rewarded for the number of visits they make, but as of April 12, rewards, or "stars" in Starbucks parlance, will be earned as a function of how much is spent. The move upset customers who typically opt for basic items rather than Starbucks' fancier, and pricier, goods.
The company's upcoming prepaid card echoes the Plenti program, launched last year and led by stores such as Macy's and Rite Aid with American Express which is a multi-brand loyalty program.
Starbucks said yesterday that its new loyalty program has not cost it any customers: 500,000 people have signed up for the rewards program since the changes were announced, bringing total U.S. active members to more than 12 million, and one executive claimed the pace of signups has even picked up. More details on how customers will win points with the upcoming prepaid card will be announced later this year.
Other initiatives Starbucks announced at the meeting were the expansion of Teavana into China and a line of latte products for the single-serving K-cup pods, including its seasonal pumpkin spice drink.


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More rumors about Google’s anticipated (but unverified) Pixel Fold, the company’s first foldable phone, have surfaced: the gadget will be dubbed the Pixel Notepad, and will be less expensive than some of the luxury folding phones presently on the market.
According to insiders who spoke with 9to5Google, Notepad is a “working brand name” for whatever gadget is eventually released. Logbook, it appears, was another name that was considered.
9to5Google new leak is qualified by Google’s statement that “plans can always change before the product introduction,” implying that the Pixel Notepad may not be the final moniker. In the years preceding up to last year’s Google Pixel 6 and Google Pixel 6 Pro, Google has kept its smartphone naming policy simple.
Expected pricing for Google Foldable
According to the same sources, the Pixel Notepad will cost less than the Samsung Galaxy Z Fold 3 ($1,799 / £1,599 / AU$2,499 for the lowest variant). It’s a commonly accepted fact that foldable phone technology is expensive to produce, so it’s surprising to find that Google could be able to achieve such a low pricing point with its very first entry in the category (though all of this is unconfirmed speculation for the time being, of course).
According to the article, availability may also be an issue — consider the worldwide processor scarcity and the Google Pixel 5a, which was only available in the United States and Japan. Later this year, we could see the foldable formally break cover.
With companies like Samsung, Motorola, Huawei, Xiaomi, Oppo, and others releasing foldable phones, it appears that the product category is here to stay — at least for the next several years, while manufacturers assess market demand.
The early foldable phones, such as the Huawei Mate X, were prohibitively costly and lacking in terms of the folding mechanism and hinge reliability. Prices have decreased over time, dependability has increased, and new form factors, such as clamshell folding, have entered the market.
Now we’re waiting for Apple and Google, the two biggest mobile companies, to dip their toes into the water. At this point, we’ve been hearing speculations of a foldable iPhone for years, with the most recent reports pointing to a debut in 2022… Maybe.
Given Apple’s proclivity for waiting until technology is well-established and developed before incorporating it into the iPhone, it’s probable that Google’s folding phone will be the first to arrive. If Google can bring the device on the market at a fair price, it might give foldable phone sales a big boost.


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Sofia Fima, a young company based in Lewiston, wants to help professional women tame their often unruly purses.
The company makes purses and interchangeable inserts that can hold laptops and other electronics as well as cosmetics and everyday items many women carry, and do so in an organized way.
“Most women have handbags that are like a big hole,” said Sofia Fima, founder and CEO Dianna Pozdniakov. “They can’t find anything in them.”
Pozdniakov opened her shop one year ago in a building she and her husband bought and renovated at 46 Lisbon St. in Lewiston. They live on the top floor, rent out the second floor and have the Sofia Fima retail space on the first floor.
“It was February 2016. We started construction a week before I had my baby and we also launched the company,” Pozdniakov said.
The company is named after her parents, who came to the United States as refugees from the port city of Odessa, Ukraine, in the late 1970s. Her father, Fima, is a sheet metal engineer who tailored as a hobby. He inspired her to study architecture in college, where she first got the idea for an organized bag.
“I wanted to create a bento box of purses,” she said. A Japanese bento box has well-organized compartments for different foods.
Pozdniakov sells directly to customers via shows, trunk and private events and websites, including her own website and Etsy. Some 75 percent of her business is online, with her website the main driver of sales. She ships products and has a free-return policy.
“We sell an American-made, premium materials product directly to the end customer,” she said. “Otherwise the bags would cost $1,500 retail.”
The purses, which are made from imported Italian leather, cost from $188 for the smaller Convertible Crossbody bag to $465 for The Main Squeeze Tote, which holds up to a 13-inch laptop. Nylon organizers, which are washable, run from $69 to $165.
“The Convertible Crossbody bag, which most of our customers ask for, can be grabbed to take to lunch or after work,” she said. “It nests inside the organizer and can contain glasses, a wallet and other items.”
As customers switch to tablets and smaller electronics, she plans to add a smaller tote in the future. She also plans to launch a vegan option this summer that will be lighter weight and use no animal products.
Pozdniakov also is looking for partners.
“I did my first collaboration with a local organization called Safe Voices last month,” she said. “We made a bag in their purple color and gave back $30 of each purchase back to the organization. We were able to raise $1,000 over the course of the month.”
Safe Voices operates shelter and support services for domestic violence survivors in Androscoggin, Franklin and Oxford counties.
Pozdniakov, who is the only full-time employee of the company, works with freelancers and consultants. She currently has the bags manufactured in New Jersey, and hopes one day to have everything under one roof in Lewiston.
“But first we need a certain revenue and level of brand awareness,” she said.
Pozdniakov plans to launch a crowdfunding campaign in about one month to show proof-of-concept for the company in what she called a pre-seed financing round. She hopes to raise at least $50,000, but would like to see money in the six figures.
She has put nearly $250,000 into the company since she conceived the idea in 2012.
Pozdniakov has participated in Maine entrepreneur events, including being a finalist in the Top Gun program in 2017, pitching her company on Greenlight Maine this past season and participating in Gorham Savings Bank’s Launchpad competition. Last week, she pitched her company at an open casting call for Shark Tank.


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Uber and Lyft say they will have to SHUT DOWN for several months in California if a court upholds ruling requiring them to classify their drivers as full-time employees
- Uber CEO Dara Khosrowshahi warned on Wednesday that his company may have to shut down service if a California court's ruling is upheld
- Lyft President John Zimmer issued the same warning soon after
- A San Francisco Superior Court judge on Monday ordered Uber and Lyft to reclassify their drivers as employees instead of independent contractors
- Both companies are now in the process of filing appeals to overturn the ruling
- 'If the court doesn't reconsider, then in California, it's hard to believe we'll be able to switch our model to full-time employment quickly,' Khosrowshahi said
- He said switching will result in 'much smaller service [and] much higher prices'
Uber CEO Dara Khosrowshahi says the ride-sharing company could be forced to shut down service in California for several months if a state court does not overturn a ruling requiring it to classify its drivers as full-time employees.
'If the court doesn't reconsider, then in California, it's hard to believe we'll be able to switch our model to full-time employment quickly,' Khosrowshahi told MSNBC on Wednesday.
'We will have to shut down until November.'
Uber's rival Lyft issued the same warning about a probable shutdown soon after.
'We may appeal this ruling and request a further stay. If efforts here are not successful, we would be forced to suspend our operations in California,' Lyft co-founder and president John Zimmer said.
Both companies are now in the process of filing appeals to overturn a Monday ruling from San Francisco Superior Court Judge Ethan Schulman, who determined there is an 'overwhelmingly likelihood' that the firms violated a state law by classifying their drivers as contractors instead of as employees.
Schulman gave Uber and Lyft 10 days to reclassify the drivers, which would require the companies to provide benefits and unemployment insurance to all of them.
Uber CEO Dara Khosrowshahi is pictured in an MSNBC interview on Wednesday, where he warned that the ride-sharing company could be forced to shut down service in California for several months if a state court does not overturn a ruling requiring it to classify its drivers as full-time employees
Khosrowshahi warned that restructuring its operations in California would result in 'much smaller service [and] much higher prices', hurting both drivers and customers.
'That's a reality, so it's not a game of chicken one way or another,' he said. 'It's really up to the courts and we're going to comply with the law, and we will look to get going again.'
He said that service would have to pause for a few months, and when it resumed it would be much more limited and concentrated in cities rather than suburbs.
Khosrowshahi penned an op-ed in the New York Times over the weekend calling for states to require all gig economy companies to establish benefit funds for their workers instead of forcing them to classify workers as employees.
Schulman's ruling came down the following day, marking a crushing defeat for Uber and Lyft as they fight a May 5 lawsuit from state Attorney General Xavier Becerra and the cities of Los Angeles, San Diego and San Francisco - where they are both based.
The suit accused Uber and Lyft of violating Assembly Bill 5 (AB5), which requires companies to classify workers as employees if they controlled how workers did their jobs, or the work was part of their normal business.
Uber and Lyft say their drivers prefer the flexibility of working as freelancers, while labor unions and elected officials argue that the designation deprives drivers of benefits like health insurance, sick leave and overtime.
A judge on Monday ordered Uber and Lyft to classify their drivers as employees instead of contractors after California sued the ride-sharing giants for violating state law (file photo)
In a 34-page decision faulting the money-losing companies' 'prolonged and brazen refusal' to comply with state law, Schulman said the plaintiffs showed an 'overwhelming likelihood' they could prove Uber and Lyft classified drivers illegally.
Labor advocates praised the ruling as a milestone in their fight to apply traditional worker protections to a fast-growing segment of the labor force.
'This is a resounding victory for thousands of Uber and Lyft drivers who are working hard - and, in this pandemic, incurring risk every day - to provide for their families,' Los Angeles City Attorney Mike Feuer said in a statement.
But the companies - whose largest market is in California - criticized the decision, saying it threatens to shut them down during a pandemic-induced economic downturn where many people who have lost their jobs turn to the ride-hailing companies to make money.
'Our elected leaders should be focused on creating work, not trying to shut down an entire industry during an economic depression,' Uber spokesperson Davis White said.
Both Uber and Lyft have pledged to spend more than a hundred million dollars to support a November ballot measure, Proposition 22, that would exempt them from AB5.
'Drivers do not want to be employees,' Lyft said in a statement. 'Ultimately, we believe this issue will be decided by California voters and that they will side with drivers.'
Both Uber and Lyft have pledged to spend more than a hundred million dollars to support a November ballot measure, Proposition 22, that would exempt them from AB5. Pictured: Drivers protest the proposition on August 6 in Los Angeles
Several hundred thousand 'gig' workers, including many at ride-hailing companies and app-based food delivery services, are affected by AB5, which took effect on January 1 and had broad support from organized labor.
Lawyers for Uber and Lyft said they are not violating the law because drivers are not fundamental to the business, arguing the companies are 'multi-sided platforms' whose activities encompass much more than transportation.
But Schulman rejected that argument, writing that it 'flies in the face of economic reality and common sense'.
'To state the obvious, drivers are central, not tangential, to Uber and Lyft's entire ride-hailing business,' Schulman wrote.
He also said the public could face substantial harm if drivers were denied employee benefits such as minimum wage, paid sick and family leave, unemployment insurance and workers' compensation insurance.
'These harms are not mere abstractions; they represent real harms to real working people,' Schulman wrote.
The judge said Uber and Lyft had themselves to blame if their resisting state laws contributed to any 'far-reaching' effects an injunction might have.
'Defendants may not evade legislative mandates merely because their businesses are so large that they affect the lives of many thousands of people,' he wrote.
State officials have argued Uber and Lyft's behavior hurts more than just drivers, noting the companies don't pay into the state's unemployment insurance fund that covers benefits for people when they lose their jobs.
The state's fund was quickly depleted following huge job losses because of the pandemic, resulting in the state borrowing billions of dollars from the federal government.
'Our state and workers shouldn't have to foot the bill when big businesses try to skip out on their responsibilities,' Becerra, California's Democratic attorney general, said.
'We're going to keep working to make sure Uber and Lyft play by the rules.'
But ride-hailing companies have been hurt by the pandemic, too. Uber announced last week it lost $1.78billion in the past three months as millions of people stayed home during the pandemic.
Shares in both companies tumbled in early trading on Tuesday following the ruling.
California Attorney General Xavier Becerra (right) and Los Angeles City Attorney Mike Feuer (left) are leading the state's lawsuit against Uber and Lyft. After their injunction was granted on Monday, Feuer said: 'This is a resounding victory for thousands of Uber and Lyft drivers who are working hard - and, in this pandemic, incurring risk every day - to provide for their families'
Hours before the ruling was handed down, Uber outlined proposals for a new type of relationship with gig workers, including its own drivers, that would allow them to keep their independence as freelancers while also receiving benefits.
The ride-hailing giant described 'a new model for independent platform work' in an 18-page document it hopes can be used as blueprint for Uber and similar firms relying on independent workers.
The company seeks 'to deliver certainty for millions of independent contractors who will increasingly rely on independent work to help them face the economic challenges that lie ahead,' Uber said in its document.
'The current health and economic crisis has brought into sharp focus the need for everyone, regardless of their employment status, to be able to find good quality, rewarding work; be able to work in the way they choose; and have access to adequate social protections and benefits.'
Uber proposed that gig economy companies be required to establish 'benefits funds', allowing gig workers to accrue and use the money for benefits or paid leave.
In his Times op-ed, Uber CEO Khosrowshahi said that the current employment system 'is outdated and unfair' and 'forces every worker to choose between being an employee with more benefits but less flexibility, or an independent contractor with more flexibility but almost no safety net'.
'Uber is ready, right now, to pay more to give drivers new benefits and protections,' Khosrowshahi wrote.
'But America needs to change the status quo to protect all workers, not just one type of work.'
Khosrowshahi (pictured) penned an op-ed in the New York Times on Monday calling for all gig economy companies to establish benefit funds for their workers
Khosrowshahi echoed the arguments Uber made in response to the California lawsuit, saying that the requirement to classify drivers as employees would leave fewer jobs and dramatically increase costs.
'Uber would not be as widely available to riders, and drivers would lose the flexibility they have today if they became employees,' Khosrowshahi wrote.
'The vast majority of drivers have said they don't want to be employees because of how much they value flexibility.'
He called the argument over flexibility and benefits a 'false choice', adding: 'As a start, all gig economy companies need to pay for benefits, should be more honest about the reality of the work and must strengthen the rights and voice of workers.'
Khosrowshahi said that if all 50 states required gig economy companies to establish benefits funds, Uber would have paid $655million into theirs last year.
'During this moment of crisis, I fundamentally believe platforms like Uber can fuel an economic recovery by quickly giving people flexible work to get back on their feet,' he wrote.
'But this opportunity will be lost if we ignore the obvious lessons of the pandemic and fail to ensure independent workers have a stronger safety net.
'This is the time for Uber to come together with government to raise the standard of work for all.'
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About one-third of US online shoppers say that social networking sites influence their purchasing decisions, according to the latest annual Pulse of the Online Shopper study from UPS and comScore. On the heels of Twitter’s announcement that it is abandoning buy buttons, the UPS report finds fewer than 1 in 4 respondents having purchased products via social media sites, with a separate survey from SUMO Heavy reporting even lower use of buy buttons.
Online shoppers surveyed by SUMO Heavy were asked how they feel about making purchases online on social media platforms like Facebook and Pinterest (i.e. social buy buttons). Only 1 in 10 professed to having used them before, with about one-quarter of those (2.6% overall) saying they won’t be doing so again.
On a positive note, close to 1 in 5 respondents said they were open to making purchases on social media platforms. However, more than twice as many (45%) would not use buy buttons. Additionally, more than one-quarter (26.4%) said they had never heard of making purchases on social media sites.
The UPS and comScore study takes a look at the reasons for making online purchases on social media sites, finding that the top reasons are:
- Enjoyment in looking at a range of products from multiple areas and social commerce’s greater speed; and
- It being faster as the respondent is frequently on social networks.
In other retail technology-related results from the SUMO Heavy and UPS surveys:
- Respondents to the SUMO Heavy survey are about as likely to find virtual customer service agents useful (19.5%) as to not find them helpful (22.2%);
- Respondents are most excited about the potential for virtual reality-powered online shopping experiences in the clothing and apparel (51.7%) and consumer electronics (48.5%) categories, seeing lesser appeal for them in the household appliances (27.1%) and groceries and household products (21.8%) areas;
- A majority – 55% – of respondents would not download a mobile app that alerted them with special offers on products they walk by in physical stores, though the remaining 45% would do so;
- Fewer than 1 in 3 (31%) of respondents to the UPS survey are aware of in-store beacons, and only 1 in 4 are receptive to in-store mobile messaging.
About the Data: The SUMO Heavy survey was conducted among 1,029 US adults (18+).
The UPS/comScore study is based on a survey of more than 5,000 US online shoppers in January and February 2016. All respondents had made at least 2 online purchases in a typical 3-month period.


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|By Marketwired .||
|August 18, 2014 10:30 AM EDT||
BOSTON, MA -- (Marketwired) -- 08/18/14 -- While we prepare for the latest iPhone to hit stores, Gazelle, the leading trade-in site for consumer electronics, today announced it has once again extended its industry-leading price lock from 30 days to more than 50 days. You can lock in pre-event pricing between now and September 9 but hold onto your current phone until after you receive your new iPhone.
"Trade-in values typically drop 20 percent in the 60 days around the introduction of a new model," said Alyssa Voorhis, Gazelle's senior technology analyst. "We give consumers a no-strings-attached option to trade in their old device for cash and plenty of time to upgrade."
In addition to the extended price lock, for a limited time, Gazelle is offering a special promotion for customers looking to trade in an iPhone 5S. To help those early adopters upgrade to the latest iPhone, we're now offering up to $350 for iPhone 5S*. This offer is also designed to help those who are not eligible for a subsidized upgrade from their carrier. Prices tend to drop precipitously around the release of a new model, so lock in your price early to get the best deal.
We've designed our trade-in process to be as easy and convenient as possible; there's no waiting in line, no up-selling and you have complete control over the entire process from the comfort of your home. Because we also know how important security is, we completely wipe the personal data on your phone by returning it to its original factory settings.
The extended price lock runs through September 9, the expected announcement day for the iPhone 6. If you complete the offer process on Gazelle.com before then, you don't need to send in your phone until October 10.
Visit www.gazelle.com to get started.
*"Up to" price based on Gazelle's offer price for a perfect condition, unlocked iPhone 5S as of August 18 2014.
Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their previously used devices. Gazelle reduces the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $175 million and accepted more than 2 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners and Physic Ventures.
Gazelle is a trademark of Gazelle, Inc., registered in the U.S. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. Gazelle is not affiliated with Apple.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2659399
Jenelle Tortorella for Gazelle
gazelle [at] launchsquad [dot] com
Over the past year, Datical has had amazing success with our flagship product, Datical DB. We’ve seen multiple visionary, sector-leading companies select Datical DB to drive their Application Schema changes. Now that the number has grown rapidly over the past year, we can begin to see patterns in why customers choose Datical DB. One of them turns out to be pretty emblematic of our other customers. So, let's examine the reasons why they chose to adopt Datical DB.
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“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 30, 2015 06:30 PM EST Reads: 2,580
At 15th Cloud Expo, Shrikant Pattathil, Executive Vice President at Harbinger Systems, demos a video delivery platform that helps you do interactive videos. He discusses how Harbinger is accomplishing it in the cloud world, the problems they faced and the choices they made to get around these problems.
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Want to enable self-service provisioning of application environments in minutes that mirror production? Can you automatically provide rich data with code-level detail back to the developers when issues occur in production? In his session at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how to accomplish this and more utilizing technologies such as Microsoft Azure, Visual Studio online, and Application Insights in this demo-heavy session.
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Log data provides the most granular view into what is happening across your systems, applications, and end users. Logs can show you where the issues are in real-time, and provide a historical trending view over time. Logs give you the whole picture. Logentries, a log management and analytics service built for the cloud, has announced a new integration with Slack, the team communication platform, to enable real-time system and application monitoring. Users of both services can now receive real-...
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Entuity®, a provider of enterprise-class network management solutions, today announced that it solidifies its position as a market leader through global enterprise customer acquisitions and a refined channel strategy. In 2014, Entuity increased new license revenues in EMEA by over 75 percent, and LATAM by over 125 percent as customers embraced Entuity for its highly automated solution and unified architecture. Entuity’s refined channel strategy focuses on even deeper strategic alignment with ke...
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CloudBees, Inc., has announced a $23.5 million financing round, led by longtime CloudBees investor Lightspeed Venture Partners. Existing investors Matrix Partners, Verizon Ventures and Blue Cloud Ventures also participated in the round. The latest funding announcement follows earlier rounds of $4 million, $10.5 million and $10.8 million, bringing the total investment in CloudBees to just under $50 million since the company’s inception in 2010. Previous venture investment rounds were led by Ma...
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We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
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“The year of the cloud – we have no idea when it's really happening but we think it's happening now. For those technology providers like Zentera that are helping enterprises move to the cloud - it's been fun to watch," noted Mike Loftus, VP Product Management and Marketing at Zentera Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 30, 2015 04:00 PM EST Reads: 2,302
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...
Jan. 30, 2015 03:45 PM EST Reads: 3,130
Agility is top of mind for Cloud/Service providers and Enterprises alike. Policy Driven Data Center provides a policy model for application deployment by decoupling application needs from the underlying infrastructure primitives. In his session at 15th Cloud Expo, David Klebanov, a Technical Solutions Architect with Cisco Systems, discussed how it differentiates from the software-defined top-down control by offering a declarative approach to allow faster and simpler application deployment. Davi...
Jan. 30, 2015 03:30 PM EST Reads: 3,404
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 30, 2015 03:30 PM EST Reads: 2,784
“Will Jaya is a direct source for server integration and storage solutions. If you are looking for any specific configurations for a project we can help you configure based on your needs and requirements," explained Netty Goya, CEO of Will Jaya, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 30, 2015 03:00 PM EST Reads: 1,682
Cloud Technology Partners on Wednesday announced it has been recognized by the Modern Infrastructure Impact Awards as one of the Best Amazon Web Services (AWS) Consulting Partners. Selected by the editors of TechTarget's SearchDataCenter.com, and by votes from customers and strategic channel partners, the companies acknowledged by the Modern Infrastructure Impact Awards represent the top providers of cloud consulting services for AWS including application migration, application development, inf...
Jan. 30, 2015 03:00 PM EST Reads: 1,526


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Source : http://www.nydailynews.com
Volvo is working on a self-managed car, that will be available in the late 2014. Last year, Volvo has successfully completed a test program named SARTRE (Safe and environmentally oriented movement in the caravan). Volvo will show a concept car that without any help of a driver will be able to park on its own.
It should be noticed that such autopilot system has been developed by Tesla and Google. According to Volvo, the new technology will give the possibility to drivers to park their car in a safe place near the parking lot. In this case, the user will be able to find easily its own space. In order to do this, the driver must just download a special application on his phone and send a corresponding signal. After parking the car, the owner is notified via Smartphone, that contains information about the location of the car.
This technology is known as Vehicle Infrastructure 2 and involves the feature of special sensors in the road that are designed to inform car owners about the areas in which they can drop off passengers and activate the system.
To avoid accidents, Volvo cars are endowed with a huge number of different sensors and cameras that observes not only the movement of other vehicles, but also the movement of pedestrians.
It should also be noticed that the owners do not have to go where the car has been parked, but simply using the application on their phones to send the appropriate signal. After that, the car will return to its original location.
Despite the fact that the system is still at its earliest stage of development, the technology works not only on papers and words, but in the real world.
The first car equipped with this innovative technology of self-parking system will be a Volvo XC90, available in 2014.


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You know Bose as the company that sells premium noise-canceling headphones, but that title could soon expand. The company will now reportedly enter the gaming headphone market with a spin on its popular QuietComfort QC35 II headphones.
Discovered by 9to5Google's APK Insight team during a deep dive into the Bose Connect app update, the QC35 II Gaming Headset could be exactly what it sounds like: noise-canceling headphones for gaming.
Unfortunately, we just don't know much about them. There are several references to a device codenamed Tibbers, which, as 9to5Google cleverly points out, is a reference to League of Legends. This Tibbers moniker is linked to the Bose QC35 II Headset name, which sounds to us like an official product name.
While they aren't the excellent Bose 700 headphones, the QuietComfort QC35 II is a beloved set of noise-canceling headphones, often seen worn in coffee shops and airplanes by business folks who can afford the $300 price to entry.
It's possible this will be a separate headset or that Bose will release an adapter for the already available models so they can work for gaming. The latter hypothesis is backed up by references to connecting a wired gaming microphone into a headphones' auxiliary port, and how doing so would turn off Bluetooth connectivity.
Yes, this means the headset, or adapter, would not use the built-in Bluetooth connectivity found in the QC35 II.
As for what exactly Bose has in store, that remains a mystery. It's possible a future announcement will arrive at a next-gen console event. It's just as likely that these will be targeted at PC gamers. Whatever the case, we're excited to play games without hearing roommates in the background.
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Phillip Tracy is the assistant managing editor at Laptop Mag where he reviews laptops, phones and other gadgets while covering the latest industry news. After graduating with a journalism degree from the University of Texas at Austin, Phillip became a tech reporter at the Daily Dot. There, he wrote reviews for a range of gadgets and covered everything from social media trends to cybersecurity. Prior to that, he wrote for RCR Wireless News covering 5G and IoT. When he's not tinkering with devices, you can find Phillip playing video games, reading, traveling or watching soccer.


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Rug manufacturer recognized at White House event
PAWTUCKET, R.I. — One week after the fact, Donald Scarlata can say that it was an honor for his company to be selected to go to the White House for its Made in America Product Showcase.
"We got a phone call on a Monday and our first reaction was that it was a prank, but as we checked into it we found that it wasn't," said Scarlata, the president and CEO of Colonial Mills in Pawtucket, which specializes in the manufacture of braided rugs. "We had a week to get ourselves ready with our trip arrangement and what products we were going to show."
The event, which included a speech by President Donald Trump, highlighted one business from each of the 50 states that produces goods that include materials only from the United States — or with a "negligible" amount of non-American materials, according to media reports.
"It was quite an honor to be selected out of [what] I’m sure were a few candidates in the state," he continued.
Scarlata went with his son, Gregg Scarlata, the company's executive vice president.
"It was really to promote the fact that there are number of manufacturers still here in America making products for sale in the U.S.," he said. "They wanted to recognize that fact and promote that to the country."
Yet nothing will change for the company as a result of the recognition.
"It's been terrific but we'll just continue with business as usual," said Scarlata. "We’ve been in business for 41 years and plan to continue on."


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Mario Kart Tour expands this week with the Tokyo track, new characters and other news in the Tokyo Tour available from October 9th.
The Mario Kart Tour expansion path starts immediately, which will get new tracks and other game elements with the start of the Tokyo Tour, which will start on October 9th, 2019.
There are still no details in this regard beyond a simple message posted on Twitter by the official account of the game, in which we read that “A new tour is coming for Mario Kart Tour “, and therefore that “Tokyo Tour will start the 8 October 2019 at 11 pm PT with other nostalgic and completely new tracks. Of course, new characters will also be added! Run through the streets of the metropolis of Tokyo! “.
Considering the Italian timetable, everything should be translated at 8:00 am on 9 October 2019 in our area. With the Tokyo Tour, new tracks will, therefore, be added: among these, of course, the metropolitan circuit set in Tokyo , as can also be seen in the illustration accompanying the announcement, but also other “nostalgic” and “new” tracks, so apparently tracks taken from past chapters of the Mario Kart series and something new, plus additional characters that will populate the huge Mario Kart Tour roster .
Meanwhile, the game has already reached 90 million downloads for more than $ 12 million in revenues.
Stay Tuned For More Updates.


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May 26 Toronto-Dominion Bank, Canada's second-biggest lender, reported a 10.4 percent rise in quarterly profit on Thursday, helped by growth in its retail banking business.
The Toronto-based bank's Canadian retail operations earned C$1.5 billion ($1.16 billion) in the second quarter ended April 30, an increase of 2 percent from last year, while its U.S. retail business earned C$719 million, a rise of 21 percent.
13:48 Wells Fargo Profit Falls 5.4% as Mortgage Revenue Declines25
12:08 Bank of America Profit Rises 43% on Trading Gains, Cost Cuts24
12:02 Bank of America tops earnings forecast, predicts 'significant increase' in net interest income21
16:50 Goldman Sachs, Citigroup earnings confirm Trump effect on banks17


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Business ideas for 2016: Venue booking platform
As start-ups launch solutions to maximise the availability of space for work and sleep, is it time to start your own “Airbnb for x” service?
Way back in 2008 when Airbnb first launched, the concept of renting a room in a stranger’s house for your holiday was still fairly alien, and the ‘collaborative consumption’ or sharing economy market was just beginning to take off. Fast forward to 2016 and this concept of renting out other people’s property for a trip is a well-established, although still fast-growing, market – Airbnb has a massive six million users and counting.
But while the Airbnb model has been well and truly done, in the UK we’re now seeing a cluster of rental booking platforms exploring other ways to optimise unused space. Take for instance Headbox, the three month-old London start-up which claims to be the “Airbnb for creative off-site meeting spaces”, which has already secured £1.2m investment and has ambitious plans for expansion.
Fast-growth start-up Appear Here – which enables entrepreneurs to book retail sites – calls itself the “Airbnb for short-term retail space”, while newcomer Vrumi calls itself the “Airbnb for workspace”.
Over the coming months, we estimate that growth of this “Airbnb for x” market will only continue to gain pace. And, with the culture of ‘non-ownership’ becoming normality, 2016 is an optimal time to launch your own sharing booking site where users can rent out spare rooms and venues for meeting rooms, an alternative workspace, quirky event spaces and much more…
Starting a venue booking platform: Why it’s a good business idea
In its European Consumer Trends 2016 report, Mintel noted that a rising number of millennial entrepreneurs are creating sharing economy solutions that seek to “maximise the usage and availability of temporary, transient space for storage, parking, working and sleeping.”
While businesses like Airnnb, “unhotel” Onefinestay, and home exchange club LoveHomeSwap found success in targeting travellers and holiday makers, new offerings which target companies and business owners are now entering the market in response to the dwindling supply of UK office space. Vrumi has already secured major press coverage and almost £1m in crowdfunding with its service which enables users to rent out unused space – such as a lounge or dining room – for a few hours per day.
Launched in December 2014, Vrumi’s proposition is ideal for entrepreneurs looking for workspace and companies looking for alternative meeting rooms. The company has also pointed out that there are far more opportunities than just booking office space such as booking a room to run a yoga service, or even hosting an alternative lunch session with friends.
The fact that there is now a UK government trade body to represent the sharing economy and collaborative consumption start-ups also indicates the rising popularity of “Airnb for x” services. Launched in March of last year, SEUK intends to encourage consumers and businesses to share and utilise their assets and has called for the launch of a shared economy start-up accelerator to help new businesses in the industry.
Venue booking platform business opportunities
There are a variety of different and still fairly unsaturated areas you can focus on when starting a venue booking platform. While a number of start-ups are already exploring meeting rooms and workspaces, there’s still a massive opportunity as business owners become more aware of the potential to hire alternative, low-cost space.
Moreover, most of the existing start-ups are London-centric – so regionally there is plenty of potential still. In October 2015, SEUK reported that “London is increasingly a real hub for these [sharing economy] businesses and if you live there, it’s pretty likely that you will have used one”. But it’s a different story outside of the capital.
Flatshare and houseshare services are another way in which budding sharing economy entrepreneurs can get in on the trend. UK company SpareRoom has already made-inroads in this space but the market is still ripe for further disruption.
Sharing platforms for event venues also appears to be a relatively untapped market and could be a potentially lucrative business opportunity if you’re able to get enough venue owners on board and attract enough custom to scale.
The wedding market could be a great target audience for this. While Airbnb does offer some wedding venues, a dedicated marketplace could capitalise on the UK’s huge wedding industry.
Andrew Needham, founder and CEO of HeadBox, commented:
“PwC has calculated that on a global basis, the sharing economy is set to rise to a massive £230bn by 2025. The same piece of research details how five sub-sectors of the sharing economy in the UK are worth around £500m now, and could be worth up to £9bn a year by 2025.
“We found an opportunity in a disaggregated industry that was waiting to be dis-intermediated. We are unlocking thousands of under-utilised spaces that are currently not available to rent creating an enormous online marketplace where one did not exist before.
“This will in time create a range of new price points for guests with much more choice available that in turn will drive growth not just in the events industry but across HR and the creative industries too.”
Published Jan 2016


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Stripe, a digital payments firm, has raised $600 mn funding at $95 bn valuations to become the most valuable private company Silicon Valley has ever produced. Investors in the decade-old company include Allianz SE, AXA SA, Baillie Gifford, Fidelity Management & Research, Sequoia Capital and Ireland’s NTMA. The fresh capital will be invested in European operations, expand Global Payments and Treasury Network. Stripe plans to expand in Japan, China and India.
Wysa, an Indian AI-based mental health app, has secured an undisclosed amount of funding from the Google Assistant fund. A user on Wysa’s mobile app can seek help from an AI-powered bot for managing anxiety and sleeping disorder or pay and talk to a therapist. App’s founder Ramakant Saha, in an interview earlier, had said that the app was for early-stage supportive therapy and didn’t deal with severe mental illnesses.
A Gartner report said that over 2/3 of early-stage investment decisions will be driven by AI and data analytics by 2025. The report said that investors, equipped with AI and data analytics, will be a common sight in the next 4-5 years. AI and data-driven models will help the investors in identifying the viability, strategy and potential result of the investment, based on the trends of past investments, revenue growth, market penetration, etc.
Zomato, the food-delivery app which is one the most successful Indian tech startups, is expected to raise over $750 mn to $1 bn through its IPO. No investor will likely exit or take money off the table by selling their shares. Deepinder Goyal, co-founder and CEO of Zomato said that the IPO will probably be a 100% primary offering and the company might end up raising more capital, rather than shareholders offloading stock in the open market.
Apna, a startup by an Apple alum, has become a new online destination to 6 mn skilled workers in India. The start-up has raised $12.5 mn in just five months after it received funding of $8 mn. Sequoia Capital India and Greenoaks Capital led the latest round, along with existing investors Lightspeed India and Rocketship VC. Nirmit Parikh, the founder and CEO said that the network gap was the most crucial challenge, and solving it will enable people to get better opportunities.
As many as 26 mobility startups have been shortlisted by Maruti Suzuki, in partnership with NSRCEL at IIM Banglore, for a nine-month incubation program. Maruti Suzuki will collaborate with the startup to create technology-led mobility business solutions, as per a statement given during the announcement of this program in Aug 2020. The objective of the collaboration is to help startups to bring industry-ready solutions and become large-scale businesses.
Healthcare tech startup Innovaccer has raised $105 mn at a valuation of $1.3bn, in a round led by Tiger Global Management. Steadview Capital, Dragoneer, B Capital Group, Mubadala Capital and Microsoft’s venture fund arm M12 were also part of the round. The company has raised $225 mn so far. Innovaccer’s SaaS platform provides unified patient records, connect healthcare data across multiple systems and settings.


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Mobile phones to be main future of internet access by 2020
According to a survey of analysts, activists and internet leaders it has apparently found that by the year 2020 the top way of accessing the World Wide Web won’t be via a desktop PC or laptop but via the mobile phone.
Which really in itself isn’t that surprising with the advancement in mobile technology getting better and better every year. The laptop is getting smaller, and well if people are looking for a small device to access the internet then surely the smartphone is the way to go.
Although these internet leaders and such simply couldn’t agree on whether this widespread access would “lead to more social tolerance, more forgiving human relations, or better home lives.”
Er, excuse me but this is the internet we are speaking about, it doesn’t solve world problems and stuff. The use of accessing the internet isn’t going to make a person more social tolerable or forgiving is the next few years.
Source — pewinternet


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Since it opened two years ago, Bloomington's Mall of America has attracted shoppers from across the country.
It also appears to have become a destination for small groups of hard-core shoplifters and credit-card scam artists.
At least six times in the last year, Bloomington and airport police have busted parties of two and three people who have traveled to Minnesota to steal tens of thousands of dollars in merchandise from stores at the Mall of America and other Twin Cities shopping areas.
Authorities believe the six cases represent only a portion of such crimes.
The people arrested and charged in the cases have come from California, Illinois, Michigan, New York, Tennessee and Texas. In each case, they've used different techniques to bilk stores out of merchandise.
Authorities say they have been told by mall security agents that cases involving out-of-state residents are increasing.
"We clearly have seen an increase in these types of crimes and an increase in these types of people from out of state since the mall opened," said Phil DeGia, a detective in the Bloomington Police Department's property crimes unit. "The mall has become an attraction for them."
Consider these recent cases:
- Airport police, acting on a tip from Alamo Rent-a-Car, arrested two Memphis residents who had driven to the Twin Cities with thousands of dollars in merchandise that they apparently stole along the way. The two, Ronald Rone, 38, and Sandra Nickson, 37, already were wanted in Tennessee for illegal credit-card use.
- Police confiscated a credit card stolen from an Iowa man, merchandise they believe was purchased with the card in Iowa and merchandise they believe was bought at the Mall of America. They also seized a large bag lined with aluminum and duct tape similar to those commonly used by shoplifters to foil electronic surveillance at the stores.


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Australia is ranked fourth in a global list of countries with the most cybercrime, with 102 victims per one millon internet users - roughly eight times less than the United States.
Global commerce media platform provider Criteo has appointed Manuela Cadd as director regional go-to-market in Australia and New Zealand.
Australian-listed parking technology company Smart Parking has acquired manually operated UK car park management business NE Parking.
American semiconductor giant Intel has announced it will invest up to €80 billion (A$121.9 billion) in European Union states over the next decade, in everything from research and development to manufacturing to state-of-the art packaging technologies.
The German Federal Office for Information Security [German acronym BSI] has recommended that users replace anti-virus software made by Russian vendor Kaspersky with other products, a warning that the company has dismissed as being driven by political considerations.
Nokia announced it has signed a contract with 450connect, a joint venture backed by German companies from the energy and water sectors, to build its nationwide LTE450 radio network.
German open-source firm SUSE has announced it will be releasing Liberty Linux, a distribution that is intended to fill the gap left by CentOS, a business-focused distribution that was killed off by its owner Red Hat in December 2020.
Nokia has deployed a private 5G standalone wireless network for Volkswagen at the car maker’s main plant in Wolfsburg, Germany.
Open-source file syncing and sharing software company Nextcloud, along with 30 other technology companies in the EU, has filed an anti-trust complaint against Microsoft for allegedly forcing companies to use its file-hosting service One Drive on Windows.
New Zealand’s card payments market is expected to rebound strongly in 2021 registering 10.3% growth, supported by the economic revival, rising consumer spending, and growing preference for contactless payments, according to a new forecast by analyst firm GlobalData.
Open-source file syncing and sharing software company Nextcloud has announced a Backup app for its cloud software, which can aid in creating a recovery instance for small installations.
The Brave browser will no longer provide Google as its default search engine, instead replacing it with Brave Search, its own homegrown search offering, the company behind the browser says.
COMPANY NEWS by NEC/Telefonica: Telecommunications service provider Telefonica and NEC Corporation have entered an agreement to conduct Open Radio Access Network (Open RAN) pre-commercial trials in Telefonica's four core global markets of Spain, Germany, the UK and Brazil.
Vodafone has been given a conditional go-ahead to use Huawei's 5G radio access network in Italy, the news agency Reuters reports.
Almost two-thirds (64%) of chief information security officers in 14 countries believe they will be hit by a material cyber-attack in the next 12 months, the security firm Proofpoint says.
Open-source file syncing and sharing software company Nextcloud has teamed up with Kailona, a healthcare app funded by the German Government, to provide a counter-model to apps that sell users' data.
German digital transformation vendor Software AG has appointed industry veteran Jing Tian as vice-president in Australia and New Zealand.
The company that sells Gigaset Android smartphones has advised that it has taken measures to automatically rid devices infected with malware that was reported to have been introduced in a supply chain attack.
Owners of Gigaset Android smartphones have been hit by malware that is automatically installed through what appears to be a supply chain attack, a blog post by German tech writer Günter Born claims.
German software giant Software AG has released a software package, known as TrendMiner, that will provide self-service industrial analytics for smart factories, utilising SAP S/4HANA Cloud and SAP Digital Manufacturing Cloud.
Linux is becoming worse than Windows. :-(
I have. https://itwire.com/opin...
Instead of complaining about it, do something - use Linux, or better still, a Mac. Microsoft is dead to me,[…]
While flowcharts might be of help to management at a high level, they are of little use in programming (which[…]
On Trustpilot (https://www.trustpilot.com/..., 88% of TomTom users are blown away by how bad TomTom Service is. Comments range from TomTom[…]


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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.A report by Morgan Stanley indicates that the recent surge in Bitcoin prices has made retailers.Overstock.com is the first major retailer to join the Bitcoin market.
Debunking Popular Bitcoin Myths For Goldbugs. need of a mobile anonymous transaction medium such as bitcoin.European Retail Giant Alza Accepts Bitcoin For Payments, Could Add Altcoins.These include Dell, Reddit, Expedia, PayPal, and most recently, Microsoft.Two Japanese retail groups are about to start accepting bitcoin payments, a move that is likely to promote wider use of the virtual currency by domestic consumers.
Bitcoin Acceptance Among Retailers Is Low and Getting Lower Published on July 12, 2017.Instead, it is demonstrating an exponential growth rate as the digital currency is still at an early stage of adoption.
Bank acceptance of bitcoin key to wider adoption of cryptoMONEY may receive compensation for some links to products and services on this website.Bitcoin, the digital currency, has been growing in popularity over the past few months -- and a lot of major companies and organizations have been taking.
Europe has gained another major Bitcoin retailer as Alza moves to accept payments.Bank acceptance of bitcoin key to. move to declare it as legal payment method also accelerated its use beyond digital and to be used for brick and mortar retail.
All products and services featured are based solely on editorial selection.Get information about the latest merchants and businesses that accepts Bitcoin.GuestLogix Starts Accepting Bitcoin Payments on its Retail Platform. by. which will enable the acceptance of Bitcoin and similar virtual.Bitcoin startup Coinbase already makes it possible for Overstock to accept bitcoins as payment.Bitcoin Merchant Map: Introducing Coinmap,. retail shops that accept bitcoin.
In contrary to what many investors claim, the expansion of bitcoin blocksize will not abruptly bring hundreds of millions users into bitcoin.A report released by Morgan Stanley shows that bitcoin is accepted by less than 1% of top 500 online retail companies despite its recent rise in popularity.More and more retailers want to accept the payment method as well,.Several cryptocurrencies, most notably Bitcoin, are now starting to get accepted as a mode of payment by art galleries as well as individual artists all around the world.You can now easily add and edit venues directly from coinmap. Look from the distance to get an overview of bitcoin adoption worldwide. World view.Payment solution provider Global Payments Inc. announced that it has signed a referral agreement with BitPay that will allow Global Payments to incorporate.They, in turn, make money on transaction fees (in the case of Coinbase), or by selling their software and services as a subscription (in the case of BitPay).Best Bitcoin Forex Sites: Whaleclub - Use bitcoin to go long or short stocks, forex, crypto, and commodities up to 100x leverage.
Bitcoin acceptance - bitcointalk.orgThe largest retailer to accept Bitcoin at the moment is Overstock.com and TigerDirect.com. There are many resources that lists other retailers that accept Bi.Restaurant and retail bitcoin pos service in New York, New Jersey and Connecticut.The cryptocurrency bitcoin has its fans, its detractors, and its users.
Bitcoin Acceptance by Merchants & Retailers Crucial for
Blockchain and Retail: Four Opportunities - forbes.comWhen your in-laws start talking about buying Bitcoins, it is definitely time for retailers to start thinking. currencies is acceptance as a.
An increasing number of merchants pass some of the cost savings onto consumers, in the form of discounts and incentives.Powered and implemented by Interactive Data Managed Solutions.Retailers are skeptical about letting customers pay with bitcoin.Bitcoin company executives and analysts including Irene Katzela, CEO of Chain of Points, firmly believe retailer and merchant adoption is the key to bitcoin mainstream adoption.Bitcoin Tracker: Mainstream Acceptance On The Rise. By PYMNTS.Tax Complications Could Hinder the Retail Acceptance of Bitcoin.
The digital currency has been demonstrating stability over the past 12 months.Current State of Bitcoin Acceptance. many legitimate online retailers began to accept bitcoin as an alternative payment method alongside PayPal and other digital.A report by Morgan Stanley indicates that the recent surge in Bitcoin prices has made retailers skeptical of accepting the digital currency.Some bitcoin investors like Roger Ver argue that the development community of bitcoin must work towards transforming bitcoin into a settlement system and digital cash rather than digital gold.Share Share on Facebook Post on Twitter Email this story Share on Reddit Share on Pinterest Share on LinkedIn.
GuestLogix Starts Accepting Bitcoin Payments on its Retail
Some bitcoin platforms like Purse.io are already targeting the general population or mainstream users by offering 20% discount on products.Investment bank Morgan Stanley recently came out with a report suggesting bitcoin acceptance. retail.


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Design star walks at troubled Prada
PRADA has parted company with top Austrian designer Helmut Lang, the latest shock departure in a turbulent time for the luxury goods industry.
The Italian catwalk giant, favoured by stars such as Madonna and Elizabeth Hurley, said Lang had decided to step down as creative director of the brand that shares his name.
Prada bought the Helmut Lang fashion house in 1999 when the New York-based designer was the byword for urban cool.
He is thought to have fallen out with Prada chief executive Patrizio Bertelli over the strategy needed to push his label back into the black. It lost several million euros last year.
In a statement today, Bertelli thanked Lang for his achievements in building a brand with a 'strong identity and a unique positioning'. He added: 'We will build on this and move quickly to provide appropriate support to the company and develop the brand's potential.'
Lang's departure is a further sign that fashion executives seem to have lost patience with high-profile, high-spending designers. A similar spat at Gucci last year led to Tom Ford leaving the company. Luxury goods makers are having to cut back and focus on core brands as they continue to struggle to resurrect sales in the wake of 9/11.
Moet Hennessy Louis Vuitton is in exclusive talks to sell its iconic couture house Christian Lacroix to an American duty-free group run by the Falic brothers.
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InsightsInnovative Industry Leaders with a Local Touch
Standing out in a complex and competitive industry isn’t easy. It requires a perfect blend of innovation and experience, and a remarkable ability to deliver reliable solutions.
InsightsWhat A Difference A Decade Makes
Consider a single model year, and it’s sometimes hard to discern shifts in consumer demand.
InsightsFleet Used Vehicle Prices Stay High In 2017
Wholesale used vehicle prices increased for six consecutive months in 2017, producing an 8.1% year-over-year rise.
InsightsFuel Prices Increase Nationwide
The price of a gallon of gasoline increased to a national average of $2.61 in February.
InsightsIIHS Reveals Top Safety Picks
The Insurance Institute for Highway Safety (IIHS) has released its top picks for vehicle safety, with models from Toyota, Chevy, Buick and Ford among those topping the 2017 list.
InsightsIn The News: Autonomous Vehicles
Autonomous Vehicles (AV) continue to be a hot topic. Last month, the U.S. reported its first death involving a self-driving Uber.
InsightsTelematics Costs Decrease
As telematics devices started to gain traction in 2007, the benefits centered primarily on asset tracking and route optimization.
InsightsPump Prices Increase as Demand Grows New Taxes Take Effect
The cost of a gallon of unleaded gasoline rose $.09 to $2.56 in the week ending November 13.
InsightsNew Tariffs on Steel and Aluminum Affecting Auto Industry
On March 8, 2018 the US Government announced a 10% tariff on imported aluminum and a 25% tariff on imported steel (excluding Canada and Mexico).
InsightsMid-Size Sedans Continue Plunge In Popularity
The great migration continues: Consumer preferences are shifting dramatically from mid-sized cars to compact utility vehicles and pickups.


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It looks like we might finally see if all the buzz and rumors about the alleged Amazon tablet is true and if this is going to meet everyones expectations. Amazon is holding a press conference on September 28th at 10am. A while ago we had a post about Amazon working on a 7- and 10-inch tablet to rebel Apple’s iPad.
I’m looking forward to this tablet since this tablet is reportedly going to be much cheaper than the iPad and be better than other tablets in the $200 range. We will be getting it/them the day of release for an unboxing(s) and review(s).


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Sony never had any intention to block used games, says exec
Sony president Andrew House says that the company never thought about blocking used games, but adds that there's a "very careful balance" to be had.
Sony Computer Entertainment president and group CEO Andrew House has said that the company never had any intention of introducing DRM policies to block used games with the upcoming PlayStation 4.
Questions about the PlayStation 4's policies towards game ownership started shortly after the machine was announced in February. "Dating from about our February event, there had been questions about what our online policy would be," said House in an interview with The Guardian (via Polygon).
While Microsoft initially tried to include measures restricting used game sales with the Xbox One, House said that Sony never had any intention to deviate from the traditional retail model. "I have to say that we were slightly perplexed, because we had no intention of changing from a model that I think has served us really well for several platform life-cycles."
The debate over used games and DRM has been one of the key themes surrounding the upcoming launch of the two next-generation consoles later this year, with Sony not clarifying its policies until its E3 2013 press conference. "Of course, it was really the actions of others, and the reaction coming from consumers, which led to more speculation. So we felt that with E3, and Monday night's press conference, it was a really good opportunity to set the record straight. But there weren't any changes that we'd been considering."
House said that he wasn't aware of any lobbying to include restrictions on used game sales from publishers like EA and Activision, either. "We didn't feel any sense that we needed to respond to any external pressure," he added.
The PlayStation executive also added that there's a "very careful balance" between game creators, customers, and retailers when it comes to the thorny issue of used sales. "We're a game publisher ourselves," said House, "so there's a certain argument for us that there should be something of a model for content-creators to participate in second sales."
"Having said that, however, the consumer sees ownership as a very key benefit when purchasing a physical product. And the flipside of the argument is that retailers will tell you that the vast majority of trade-in value gets immediately repurposed into new purchases of games, and those people in turn generate word of mouth and create more interest."
The Xbox One launches in November. Sony has yet to put a firm date on the PlayStation 4, but has assured customers it will be released before Christmas.
Cold War's Fireteam: Dirty Bomb Needs Some Improvements Every PlayStation Launch Game, From PS1 To PS5 Top New Games Releasing On Switch, PS4, Xbox One, And PC This Week -- October 18-24, 2020 No PT On PS5, The PS5's Fan, & Call of Duty: Black Ops Cold War Beta Extension | Save State Call Of Duty: Modern Warfare & Warzone - Official "The Haunting Of Verdansk" Event Trailer Golden Axed Gameplay Mortal Kombat 11 Ultimate - Official "Meet Rain" Gameplay Trailer Amnesia: Rebirth Exploring The Fort Gameplay Hyrule Warriors: Age Of Calamity - Untold Chronicles From 100 Years Past Part 3 Trailer Amnesia: Rebirth Video Review Streets Of Kamurocho Ichiban Gameplay Genshin Impact Video Review


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While the world looks on in horror as the war between Israel and Hamas continues to escalate, many in the supply chain are working quietly behind the scenes to ensure that vital supply lines remain running despite the impact of the growing conflict. From food to medical supplies, invaluable supply lines are ensuring that, even in high-conflict areas, supply chains continue to provide necessary goods.
While the ongoing conflict between Israel and Hamas may have a grip on the world’s attention, it is far from the only conflict impacting global supply chains. By looking closely at this conflict and its impact on supply chains, shippers can better understand how to create the conflict-resilient supply chains needed in times of geopolitical strife.
The Importance of Resilience Becomes Clear
Although the conflict in Israel may not yet have had a wide-scale impact on global supply chains, this could quickly change: many industries with roots in Israel stand to be significantly impacted by continued escalations between Israeli forces and Hamas, including electronics, defense, agriculture, and healthcare. “We were already under tight supply,” said Johnny Rungtusanatham, Professor of Operations, Business Analytics, and Information Systems at the University of Cincinnati. “Remember, a while back, cars couldn’t be made because we didn’t have the advanced chips, but this could be a potential situation that could exasperate.”
In this section, we’ll be taking a look at the industries that stand to be impacted by the war between Israel and Hamas.
- Technology: During the 12 months ending July 31, 2023, Israeli suppliers contributed a staggering 14% of the computer processing parts used by the European Union, according to Supply Chain Dive.
- Aerospace: In the same period, Israel exported $3.15B of aerospace products, including unmanned aerial vehicles (UAVs), per Hellenic Shipping News.
- Pharmaceuticals: S&P Global noted that the Israeli pharmaceutical industry, worth over $2B, is especially susceptible to supply chain disruptions.
While Israeli imports and export levels have remained relatively steady since the beginning of the conflict, early signs are signaling a shift in shippers’ minds. FedEx and UPS have cancelled the vast majority of flights into Israel’s main airport in Tel Aviv, with DHL currently the only of the big three air carriers operating flights into the country. From a maritime perspective, some carriers have been invoking the force majeure, a contractual clause allowing carriers to escape liability in the case of extraordinary circumstances like war. This comes as major carriers begin canceling. As they reconsider whether they’ll continue shipping to Israeli ports, Israeli authorities, aware of their nation’s dependence on imported goods, are growing nervous.
For shippers, the supply chain landscape in Israel can be summarized in a single word: unpredictable. As the conflict develops, it’s up to the carriers whether shippers can receive or send goods to Israel. Facing significant uncertainty, shippers are turning to innovative freight visibility solutions to ensure maximum reactivity in the face of possible disruptions.
In an Unpredictable Geopolitical Landscape, Shippers Turn to Freight Visibility
With conflicts around the globe—from the wars in Israel and Ukraine to the potential for unrest in the Strait of Taiwan—no shipper is immune from the supply chain impacts of geopolitical strife. That’s why today’s shippers must invest in end-to-end freight visibility for their maritime operations. Ocean freight visibility provides shippers with both the ground-level operational understanding needed to make split-second routing decisions and the birds-eye view required to develop a comprehensive knowledge of ocean freight operations.
Let’s dig into three specific benefits of ocean freight visibility software and how it can help shippers optimize ocean freight operations in times of conflict.
Real-Time Port Visibility
When conflict breaks out, time is of the essence. In highly dynamic situations, shippers don’t have time to manually search steamship lines, navigate container terminal websites, send track and trace emails, or manage outdated spreadsheets. Instead, shippers need instant actionability through immediate access to real-time container locations.
Ocean freight visibility software provides shippers with the instant, actionable updates needed to make the difficult container management decisions required in times of conflict. With data gathered from all major carriers, steamship lines, ports, terminals, and rail carriers, ocean freight visibility software provides shippers with complete operational awareness in fast-changing situations.
Data-Driven Industry Analysis
As we’ve learned in recent years, complex geopolitical conflicts can take a toll on supply chains over a long period of time, usually measured in years rather than months. Facing ongoing complexities due to conflicts, shippers need strategies to build a holistic understanding of port conditions. Without a data-driven knowledge of port volumes, shippers can easily find themselves stuck with shipments that they cannot move.
With complete port-to-port ocean freight visibility data from a data-driven freight visibility software provider, shippers can ensure access to the latest port conditions. They can easily understand congestion levels, wait times and container throughput. In times of conflict, a data-driven understanding of port conditions through ocean freight visibility is essential to an ocean freight shipping strategy.
Improved Communication and Collaboration
In times of conflict, communication is vital. As conditions around ports quickly change, shippers must ensure they’re current on the latest container developments. By partnering with an ocean freight visibility provider that employs automated, fully customizable notifications, shippers can guarantee that they stay in the loop on the latest high-stakes container events, including rolled cargo, last free day, and demurrage and detention.
In an Uncertain World, Build Resilience Through Ocean Freight Visibility from OpenTrack
Shippers facing global conflict on multiple fronts are under more pressure than ever to be resilient. By leveraging freight visibility software from OpenTrack, shippers can access a vital suite of cloud-based freight visibility software assets.
- Intermodal Container Tracking provides shippers with seamless visibility over all containerized operations.
- Automated Exception Alerts offer instant awareness to shippers facing blank sailings, port fees, and delays to create effective drayage priorities.
- API Integration means that shippers can seamlessly integrate ocean freight visibility from OpenTrack into existing tech stacks, meaning that shippers can keep what works and change what doesn’t.
Ready to build resilience with ocean freight visibility from OpenTrack? Book a demo with OpenTrack today and see how freight visibility software can transform your supply chain.


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Investing.com – U.S. stocks were closed on Monday for a holiday.
Minutes from the Federal Reserve’s February meeting are set to take center stage this week as people are eager to know just how high rates will go in the central bank’s battle against inflation. On Friday, there will be data on US personal income and spending that will shed further light on the current pressure on US prices. On the other hand, U.S. stock retailers will also release their results, and people can learn from one side the real life conditions of consumers when prices soar.
In addition, the euro zone will also release purchasing managers’ index, and the speech of Japan’s new central bank governor is also closely watched.
Here are five major financial events you need to know about the coming week:
1. Fed moment
The Federal Reserve will release the minutes of the last FOMC meeting on Wednesday Eastern Time. After a year of sharp interest rate hikes, the Fed will slow down the pace of interest rate hikes to 25 basis points. Since then, a number of U.S. economic data have also shown that inflationary momentum in the country has paused.
However, in January, the U.S. producer price index (PPI) once again recorded its largest increase in seven months. Moreover, the U.S. employment report in January was also quite strong, and a series of data made investors worry that the Fed will increase interest rate hikes again in the future. Markets now expect the federal funds rate to top 5.2% in July, according to interest rate futures.
Meanwhile, the FOMC minutes may give investors some insight into whether the Fed is willing to hike rates more aggressively at its upcoming March meeting, after recent comments from some Fed officials hinted at a supportive stance for raising rates .
2. US economic data
The U.S. is due to release closely-watched U.S. and U.S. data on Friday, which will include the Fed’s favored measure of inflation – . Market participants expect PCE to rise 0.5% month-on-month, higher than 0.1% in December. January PCE growth is expected to rise 5% year-on-year, the same as in December. The core PCE is expected to rise 0.4 percent on a month-on-month basis, up from 0.3 percent in December, and 4.3 percent on a year-on-year basis, down slightly from 4.4 percent in December.
If the data is true, it will further confirm that the rise in inflation continues to weaken, prices stabilize, and the possibility that the Fed will continue to raise interest rates after June will fall. Last week, the increase in the U.S. consumer price index in January slowed down, but the increase in the producer price index was the highest in seven months, raising concerns about interest rate hikes, which is not good for the stock market.
Other economic data, there are,,, and so on.
Meanwhile, New York Fed President Williams will talk about inflation at an event on Wednesday.
3. Financial reports of retailers
The fourth-quarter earnings season is drawing to a close, and results from major retailers are on the way. Their data will shed light on whether consumers’ spending habits and intensity have changed amid soaring prices.
The world‘s largest retailer Walmart (NYSE: ) and home improvement giant Home Depot (NYSE: ) will report earnings on Tuesday “to give a head start to others,” according to retail industry analysts at JPMorgan. That’s followed by discount retailer TJX Companies (NYSE: ) on Wednesday.
“It is expected that Home Depot and Wal-Mart may be more cautious in their earnings outlook,” the analysts wrote in the report. They gave Wal-Mart a “neutral” rating and an “overweight” rating for Home Depot.
In addition to retailers, chip giant Nvidia (NASDAQ: ), manufacturer of the new crown vaccine Moderna (NASDAQ: ), e-commerce company eBay (NASDAQ: ), and China’s e-commerce giant Alibaba (BABA ), etc. earnings report in the coming week.
4. Euro zone economic data
Also to be watched on Tuesday will be data that will reflect whether Europe’s economy has sustained momentum after an unexpectedly strong performance last quarter. If the improvement in business conditions leads to higher price pressures, this could give the ECB the boost to keep raising rates given persistently high inflation.
Also not to be overlooked is Wednesday’s release of data that will show how the euro zone’s largest country fares amid the energy crisis – with analysts expecting signs of economic recovery to remain low.
Finally, the Eurozone has another release on Thursday that also needs to be watched closely.
5. Diet testimony of the new governor of the Bank of Japan
Kazuo Ueda, the incoming governor of the Bank of Japan, who is about to succeed Haruhiko Kuroda, attended a hearing in the Japanese Diet on Friday to explain his views on future monetary policy.
While Kazuo Ueda is dovish, investors expect his tenure to end his grip on the yield curve. Meanwhile, when will the Japanese bond market face the $8 trillion problem? It is also a matter of close attention to the market.
Regarding the above questions, the testimony of Kazuo Ueda should provide some clues.
【This article is from Yingwei Caiqing Investing.com, to read more, please log in to cn.Investing.com or download Yingwei Caiqing App】
(Editor: Noreen Burke; Translator: Li Shanwen)


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Top blockchain and crypto news: CBDCs at the crossroads. A token gesture from Samsung. NFTs survive in China.
Countries acted to encourage — or discourage — cryptocurrency and other blockchain-based assets, sending markets wildly up and down.
From China’s ban to FATF’s travel rule, crypto regulations have been top of mind this year. How might regulatory impulses and current trends play out?
While China made a big moves in banning crypto this year, US lawmakers appear to be warming up to the industry, setting the stage for next year.
China prepares to show off its tech innovation muscles at the Beijing Winter Olympics as it unveils some unusual-looking wallets for its new digital yuan.
On top of China, authorities in Russia and Ukraine are busting underground miners, while U.S. Senator Elizabeth Warren presses a New York miner.
Top blockchain and crypto news: Are India’s CBDC plans crowding out crypto? Jack Dorsey goes full Bitcoin bro. China’s digital yuan hopes claim another victim.
In the long run, the new rules may ‘lay the perfect foundation’ to improve risk management, says an ICBC expert.
Xive co-founder tells Forkast.News no mining is possible in the south, while other regions still survive.
Top blockchain and crypto news: Fed nominations suggest no sudden moves. El Salvador’s Bitcoin lava affair. Dodgy dealings in China’s digital yuan.
Inner Mongolia police bust yet another digital yuan money laundering case.
China’s mining exodus has flowed to the cowboy state that embraces crypto, but it might have to take into consideration the surging power loads.
Top blockchain and crypto news: Spot ETFs stymied as SEC stands firm. Is Bitcoin’s Taproot upgrade worth the wait? China’s crypto mining goes underground.
China may be banning crypto mining activities, but rig makers appear to be spared from the clampdown.
Chinese police have busted yet another tele-fraud case related to e-CNY money laundering as the country continues to test the digital currency.
As crypto projects are relocating from China to friendlier shores, it represents ‘huge opportunity’ for Taiwan.
‘Double Eleven 2021: Common Prosperity’ — how an NFT project examines Chinese tech giants’ dominance
In a 48-second, computer-generated 3D animation, ROK uses a decentralized format to offer an ironic take on China’s internet giants crowding to host the shopping holiday.
The greatest number does not mean the greatest significance, analytics firm PatSnap says.
As speculation continues over the fate of the Chinese property development giant, crypto markets were not spared the downturn over fears of its potential collapse.
Top blockchain and crypto news: Ethereum rises and rivals follow. Taxing times for US investors. New life for reborn crypto miner.
Canaan is seeking $14 million in alleged losses from Shenzhen HighSharp Electronic Technology and Sichuan Yinbimei Technology.
e-CNY scam investigated meanwhile S Korea gets metaverse bug
Police crack a tele-fraud case related to digital yuan money laundering, potentially thanks to the CBDC’s ‘managed anonymity’ feature.
Top blockchain and crypto news: Stablecoins at regulatory crossroads. Squid Game crypto players suffer shocking fate. Are metaverses China’s new national insecurity?
The hacked DeFi platform called China’s cyber police first thing as most users appear to be in China.
Ant Group and Tencent recently rebranded NFT projects as digital collectibles amid China state media criticism.
Behind this year’s giddy markets, evil and tragedies abound. Just in time for Halloween, Forkast.News shakes out the skeletons in crypto’s closet.


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November 9, 2009
“AR-style Rifles Spurring Some Debate”
In a story of that title, outdoor editor Bob Frye of the Pittsburgh Tribune-Review looks at the growing popularlity of hunting with AR-style rifles and whether states like Pennsylania, which currently does not allowing hunting with semi-automatic rifles, will eventually change their regulations. Read the story.
Also, NSSF President Steve Sanetti talks about NSSF's recently launched education campaign about "modern sporting rifles" in a Shooting Industry Magazine article.


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Who is Roshni Nadar Malhotra, and how did she become HCL Technologies’ new Chairperson? Roshni Malhotra is the daughter of Shiv Nadar (founder of HCL). Shiv Nadar is a philanthropist and a billionaire.
HCL Technologies today introduced Rohni Malhotra as the new CEO of HCL Technologies. HCL Technologies is worth $9.9 billion and responsible for providing the latest technologies to the world.
Earlier, Roshni Malhotra used to be the non-executive director in this company.
The new role of Shiv Nadar
Shiv Nagar is the new managing director of the company. He has a new designation of the chief secretary now.
She has done her Masters(MBA) from Kellogg School of Management. She is very passionate about conserving wildlife.
According to IIFL Wealth Hurun India Rich List, she was the richest woman in India in 2019. According to the Forbes list of top 100 most powerful women, she has featured thrice.


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After China, Bangladesh is the world’s second-largest haven for apparel production and is expected to lose nearly $6 billion in export revenue this financial year due to the orders cancellations from many major brands and retailers. Two major industry bodies of Bangladesh shared their views on Tuesday, March 31, 2020, that the cancellation of orders would hit hard on the garment exporters and affect millions of workers of the country.
Cancellation of Orders
The two industrial groups explained that the cancellation of orders from the Bangladesh apparel industry was increasing daily due to the lockdown of global markets prompted by the coronavirus outbreak. With the abundant source of labor and low wage, Bangladesh provides a shelter of nearly 4,000 garment factories that generated the employment of 4 million workers.
According to a source, “Bangladesh garment exports accounted for $34.12 billion, or 84% of the country’s overall exports of $40.53 billion, in the fiscal year ended June 30, 2019.” However, the suspension of previous orders by major brands would have a disturbing impact on the garment industry. Another source claimed that Gap, Zara, and Primark were among the brands that had canceled orders. Gap and Zara were not available for comment while Primark confirmed the move.
Mohammad Hatem, the Vice President of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), projected, “We’ve lost more than $3 billion due to the crisis. All our orders until July have been canceled or suspended.”
Citing the rapid decline in new orders, Hatem remarked, “Suspended orders will eventually get canceled. All these orders were placed for summer and it takes three months to get these delivered. If they are not taking supplies now they will not take it when the summer is over.” He further added, “Many factories will be closed if this persists.”
Impact on Readymade Garment
Readymade garment segment in Bangladesh, which has a workforce of nearly 2 million, is facing a similar experience of export revenue due to the massive cancellation of the previous orders from retailers. Rubana Huq, the President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), described that about 1,048 factories associated with BGMEA had reported that orders for over 900 million garments worth $2.9 billion had already been canceled or were being held up.
Primark commented in a statement, all of the company’s stores across the globe have been shut which resulted in a net loss of $807.82 million a month in sales. Describing the reason for its move, the statement mentioned, “We have large quantities of existing stock in our stores, our depots and in transit that is paid for… If we had not taken this action, we would be taking delivery of stock that we simply could not sell”.
Bangladeshi Prime Minister, Sheikh Hasina recently introduced an economic package of $588 million to support the country’s export sector and urged companies to save workers and pay their wages. However, Rezwan Selim, a director of BGMEA, reacted, “This is not enough. The government should come up with more stimulus to save the country’s biggest export sector.”
In a similar note, Siddiqur Rahman, a top exporter who supplies H&M, and Walmart among others, referred to the situation was “dire” and added, “We’re facing an unprecedented time… No one knows how long this is going to take. We’re trying hard not to shut down our factories. But how long can we hold out?”
I’m Roshan, a journalist, blogger and music lover. I like covering global news related to finance, business, and technology. Focusing on the collection of true and reliable information, I rely on working by conducting interviews with business leaders and talking to the inside sources of companies.
You can reach out to me at: [email protected]


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Zui.com Adds “FaceTube” as MattyB Helps March Traffic Surge Past 2M
First came the Internet browser, with a new approach to parental controls. Then came Zui.com, an Internet search engine for kids that has grown to serve more than 2 million youthful users a month in less than nine months. Today, San Diego-based Zui.com is introducing “Facetube,” a new feature of Zui.com that operates like a social network for pre-teens.
The kid-friendly Internet startup, which was founded in 2008 as KidZui, has been gaining momentum—and a much bigger audience for its pre-screened content—since the introduction of Zui.com last August. Things have been going so well, in fact, that founding CEO Cliff Boro decided in January to re-brand the Web company Zui.com.
“The growth has been higher than we projected,” says Boro, noting that Internet traffic to Zui.com exceeded more than 2 million unique visitors last month.
One key factor in that growth has been MattyB, a nine-year-old rapper whose soaring popularity (and a celebrity rap for Zui.com) has Boro predicting he will be the next Justin Bieber. Curious? MattyB’s video plug for Zui.com is here.
Boro says, “It also turns out that it’s a lot easier to get kids on the Web if their parents don’t have to download software.” He’s referring to the KidZui browser, an add-on for the Firefox Web browser that allows children to explore websites, watch videos, and play … Next Page »
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Look out ladies, you'll be seeing a lot more of men's legs come spring. "It seems everyone got tired of those baggy cargo shorts at the same time," says designer Michael Bastian. Yep, men's shorts will get shorter and leaner next season, according to a variety of men's runway shows held during New York Fashion Week earlier this month. And that's big news in an industry that -- unlike womenswear -- adopts new trends rather slowly.
Tommy Hilfiger--button-down polo, navy seersucker blazer and shorts.
Michael Bastian—from the designer’s eponymous—and upscale—line, a blazer, button-down shirt and abbreviated cargo short in faded hues.
Joseph Abboud—cotton polo shirt, hand-knit V-neck sweater and cotton shorts.
Gant by Michael Bastian—chunky cardigan, seersucker stripe shirt and military roll-up shorts.
Gilded Age—Designer Stefan Miljanic
John Bartlett—linen ribbed cardigan and “om” print shorts.
Nautica—It’s all about the open seas at this brand. And color. Serious, saturated color. From left, a Tango Red colorblock recycled peach poly swim trunk; a Tango Red wide chest block shirt and red garment dyed denim; a red nylon/poly hooded coat, mercerized cotton shirt and sailor red cotton/twill shorts; and a Twilight Blue sealife printed poly swim trunk…and perspiration. It was hot up on the roof of the Empire Hotel the day Nautica held its presentation. Someone get these dudes a pool.