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Retail sales volumes were up 0.3 per cent in July, taking the annual rate of growth down sharply to 1.3 per cent
The veteran University College London professor talks Brexit, the minimum wage and why economists really do care about inequality
The unemployment rate was 4.4 per cent in the three months to June, down from 4.6 per cent in the previous quarter
David Davis has seemingly decided he wants an interim customs union which isn't a customs union. No one has bothered to tell him that this Schrodinger's Customs Union would never practically be able to work
The annual rate of CPI inflation was 2.6 per cent in the month, equal to June's figure
Some now talk of the possibility of India, rather than China, emerging as the world's largest economy later this century. Could it happen?
A report in The Independent last Friday relayed the findings from a new study that suggested almost a third of Remain voters "would accept" the expulsion of all EU workers in 2019.
Jeremy Corbyn's supporters must accept that while the EU isn't perfect, neither is it the cause of all capitalist evil
Someone from the richest fifth of households earned an average of 88 per cent more than those from the poorest families in 2012, with the equivalent gap in 2000 just 47 per cent
Goods exports fell 4.9 per cent in June, the biggest monthly fall since June 2016


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Payments processor Fiserv has six bank clients in the FedNow pilot program and another 20 committed to adopting that new instant payments system from the Federal Reserve when it goes live in July.
Fiserv CEO Frank Bisignano provided that update during the company’s first-quarter earnings conference call with analysts on Tuesday. Like other financial technology providers, Fiserv will enable customers to connect and use FedNow services when the central bank flips on the new payments system.
“We are encouraged by the opportunity to add many more banks and credit unions,” Bisignano said.
Salem Five Cents Savings Bank, Peoples Bank and Mediapolis Savings Bank, are Fiserv financial institution clients that are participating in the FedNow pilot, a Fiserv spokesperson said.
For the first quarter, the Brookfield, Wisconsin-based company’s revenue jumped 9.9% to $4.55 billion, but its net income sank 19% to $563 million, according to the Tuesday press release. That’s partly because the company’s first-quarter net income last year benefited from a one-off sale of merchant contracts when it exited a joint venture.
First-quarter revenue rises
Its overall business grew in the first quarter despite significant changes last year, including some employee cuts, the divestment of some business units and a plan to move its suburban headquarters to the city of Milwaukee.
Fiserv’s first-quarter revenue climbed across its operation, including the merchant acceptance, payments and fintech segments, with a lift from international demand.
Still, the business of accepting payments from merchants slowed down as the first quarter progressed, with consumers shifting toward non-discretionary spending and reducing their basket sizes, Bisignano said on the call.
“It’s not yet clear whether broader macro headwinds are beginning to impact consumer spending, but we did see payment volume growth slow a bit late in the quarter,” Bisignano said.
Nonetheless, the company maintained its projection for annual revenue growth of as much as 9% this year, and moved the lower end of that percentage growth range up one percentage point.
“We are mindful that higher interest rates may weigh on consumers and thus we anticipate second-quarter revenue growth in this segment to ease from the very strong first-quarter levels,” he said.
Analysts reacted positively to the results. “Acceptance accelerated nicely to +18% (growing well faster than global industry),” analysts at the financial firm Robert W. Baird said in a note to investors regarding the Fiserv results.
Banking crisis fallout fades
Fiserv hasn’t been negatively impacted by banking turmoil that followed the failure of Silicon Valley Bank last month. Bisignano maintained that Fiserv’s bank customers are in good shape and “demand is high,” he said.
“There was a little coastal problem, but I felt throughout the country, it’s been very very strong,” Bisignano said during the call. “Our banks leaned on us and we were all over how to help them through it and deliver what they needed during that turmoil.”
Fiserv will gain from its work with ride-share company Uber on debit routing ahead of a new federal regulation set to take effect July 1, and also in providing fintech services to Walmart’s evolving One financial services venture, the CEO said.
Bisignano noted that Fiserv retained a top market position last year with respect to merchant processing, among other categories. The company’s No. 1 non-bank merchant processing standing was confirmed by a league table published by industry research firm Nilson Report last month.
“We intend to maintain the privileged position we hold,” said Bisignano, referencing the company’s 41,000-employee workforce.

domain: news


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New York Daily News: MANHATTAN, NY – Lil Nas X is not happy with how a U.S. District Court ruled to halt the sale of his controversial sneaker collaboration with creative agency MSCHF.
“I haven’t been upset until today, I feel like its f—ed up they have so much power they can get shoes canceled,” the Grammy Award winner tweeted on Thursday, referring to the sneaker giant. “Freedom of expression gone out the window. but that’s gonna change soon.”
In a later tweet, Lil Nas X — whose real name is Montero Lamar Hill — hit back at a Twitter user who attempted to explain why the ruling shouldn’t have been a shock.
“You ripped off their design and logo. Everyone knows that’s illegal,” they wrote. “Someone as supposedly creative as you should have known better and designed your own shoe.”
“People make customs all the time, it’s never been a problem,” he argued, adding a claim that the footwear company only did so “because a powerful group of people pushed them to do so.”
The Columbia Records hip-hop artist, who was not named in the lawsuit filed by Nike on Monday, is the inspiration behind the limited-edition remixed version of Nike Air Max 97s that dropped Monday.
All available inventory of the devil-themed kicks reportedly sold out within the first minute at $1,018 a pair, which included a pentagram charm, text reading “LUKE 10:18” and even what many believed to be a drop of real human blood.
The Brooklyn-based MSCHF designed 666 pair of the red-hot commodity in conjunction with he release of Lil Nas X’s controversial music video for the new song “MONTERO (Call Me By Your Name).”
With its provocative riff on religious themes, the queer-themed video, which Lil Nas X-directed with Tanu Muino, is the stuff entertainment legends are made of. (Ever hear of Madonna?)
The buzz surrounding the exclusive drops elicited a firestorm of ire on social media among religion followers, political conservatives and outright bigots who take issue with Lil Nas X’s sexuality.
The 21-year-old Atlanta area native came out as gay in the summer of 2019, as his debut song “Old Town Road” broke Billboard chart records.
One week since it debuted, the clip has amassed more than 74 million views on YouTube.


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Authorities are looking for a gunman caught on camera holding up a discount store in East Los Angeles on Friday.
The crime unfolded about 1 p.m. at the Dollar Max store, 3545 E. 1st Street, according to the Los Angeles County Sheriff’s Department.
As depicted on store surveillance video, the gunman can be seen holding employees at gunpoint and ordering them around the store as he helps himself to money from the cash register.
No injuries were reported, officials said.
A female employee who was held at gunpoint by the robber has been to afraid to return to work, colleagues said.
The robber wore a dark hooded sweatshirt, light-colored blue jeans, black shoes and white sunglasses with heart-shaped frames.
Anyone with information can reach the Sheriff’s East Los Angeles Station at 323-264-4151. Tips may also be submitted anonymously to L.A. Regional Crime Stoppers at 800-222-8477.


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Mtn Dew is one of three core beverage brands PepsiCo has pledged to turn around after share losses dating back to 2017. In a July 9 interview after PepsiCo reported second-quarter earnings, CFO Hugh Johnston said higher spending on Mtn Dew will show up in the second half of the year. He added that PBNA’s more localized approach to the market will help spur performance for a brand that has significant regional appeal. The upper Midwest and the Carolinas, for example, are much stronger markets for Mtn Dew than other parts of the country. “So the answers in those markets are going to be very different than they are in the Northeast and in the West Coast markets,” Johnston said. “The field structure should help quite a bit with getting the Mountain Dew business optimized.”
Data. Mtn Dew’s volume share fell 0.2 share points to 7.9 at retail during the first half of this year. Dollar share declined by 0.3 share points to 8.9. Volume fell -4.6%, while dollar sales declined by -0.4%.
Priorities. The Dew focus follows work to regain shelf space and marketing investment for brand Pepsi, and to regain footing for Gatorade by launching and expanding Gatorade Zero, Johnston said. “We have an opportunity in Mountain Dew to recover share,” CEO Ramon Laguarta said during a July 9 earnings call with investors.
Energy Play? During the same call, Laguarta called out Mountain Dew Game Fuel as an example of how the company is “trying to move Dew into the energy category in small steps.” Added Johnston: “We’re selling basically every bit of Game Fuel that we can make.”
© 2023 Beverage Digest.
Design, CMS, Hosting & Web Development :: ePublishing


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So that it rolls again quickly
Siemens Mobility GmbH relies on 3D printing at the Rail Service Center in Dortmund
Innovation speed as part of the DNA
Additive Industries' new headquarters in Eindhoven is bright, clean, and open
Red-hot Steel meets high-precision cooling
At Hammerwerk Fridingen a 3D printed plastic spray head is standing up to infernal conditions
Started with BASEMENT DYE EXPERIMENTS
Bavarian Start-up Dyemansion already gains international success
AM arrives in the Automotive Industry
GKN Additive is hoping to tap into significant economic potential.
Extremely lightweight designs by combining a bionic design with an internal lattice structure
MODERN FAST TRACK TO SERIES PRODUCTION
Germany‘s e.GO Mobile AG is developing an urban-minded electric vehicle and simultaneously drawing up plans to produce up to 10,000 of them per year.
QUALITY OF LIFE IN A NEW DIMENSION
How 3D printing technology can profoundly change the everyday lives of people with disabilities
Dental and Mold-Making
China Special: SLM machine manufacturer HBD has already been firing on all cylinders again
The Need for Growth
Frank Herzog: GE’s recent involvement presents huge opportunities for Concept Laser
AM Enhances Medical Technology
The innovations made possible by additive manufacturing have also contributed to many new medical applications and opportunities. Developments in materials had a big influence.


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Atlantic Canada's new normal: A year of COVID-19
UPDATED: COVID-19 news and numbers
News from your community
SPECIAL REPORT: Facets of family violence
Building an equal future for women in Atlantic Canada
What's working for businesses in 2021?
Continuing coverage: Mass shooting in Nova Scotia
Have you tried the SaltWire News app?
IN DEPTH: Covering a contentious lobster fishery
What COVID-19 has taught us about long-term care
NYANZA — A Cape Breton brewery is releasing a new brew to call out racial injustice.
Big Spruce Brewery announced the release of its own version of Black is Beautiful, the flagship beer of an international brewing project.
The project is a global effort to bring awareness and educate people about the injustices faced by people of colour.
The Cape Breton brewery, as well as 1,207 other breweries in 22 countries, were given the same beer recipe and were tasked with adding their own unique spin on it.
Big Spruce’s Black is Beautiful is a stout-style beer aged in Glenora Whiskey barrels, with a taste described as “full-bodied and lightly sweet, (with) flavours of baking chocolate, dark roast coffee and a hint of cherry,” the brewery said in a media release.
Big Spruce will donate all money it makes from sales of Black is Beautiful to the Nova Scotian Decade for People of African Descent Coalition, a local organization that supports equality and inclusion.
The Black is Beautiful initiative was started by Texas-based Weathered Souls Brewing, which provided the base recipe for the stout to participating breweries.


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Press release: Nature Gnaws
Nature Gnaws, the Florida based dog chew brand with an extensive line of your dog’s favorite natural chews, recently celebrated four years in business. The national brand started with two people to now over 50 employees. Nature Gnaws humble beginnings started in 2016 when they launched from the founder’s home and within four short years, they operate in a 30,000-square-foot warehouse offering more than 100 dog chew products. The brand is a top seller with online retailers like Amazon, Chewy, Walmart and Target.
As the nation continues to practice safety measures at home during the pandemic, there is an increased demand for pet products which helped grow sales and interest in the Nature Gnaws brand. This has led to growth in their distribution and more national retailers carrying their dog chews.
“The last four years have been fun, challenging and somewhat of a blur,” says co-founder of Nature Gnaws, Steve Mamak. “In a blink of an eye, we have gone from packing dog chews in my garage, to over 50 employees and selling in some of the largest national retailers. It’s been a cool experience to see how many people the business can effect in a positive way, both with our own employees and through our supply chain.”
Nature Gnaws, a South Florida based natural dog chew brand part of the family-owned Torito Brands company, started as a business out of a garage, selling dog chews that are simple, natural and delicious. In a pet market full of products with unknown or even harmful ingredients, consumers took notice of their single ingredient natural chews. In just four years, the company now operates out of a 30,000 square foot distribution center in Deerfield Beach, with over 50 employees.


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Thomas went to court claiming that Roseanne had violated their custody agreement after going back on a deal she allegedly made which would have her paying for Thomas and his wife to travel to Hawaii 10 days out of the month to visit their son.
Thomas claims that Roseanne pulled the plug on the deal and showed emails, which said, "I decided I'm not longer interested in abiding by this ridiculous arrangement." She suggested that if he wanted to see Buck, he could "buy himself a ticket and book a room."
Roseanne is furious that Thomas went public with the emails, which included her personal email address, and filed a lawsuit claiming Intentional Infliction of Emotional Distress, Breach of Contract, Invasion of Privacy, and several other wrongdoings.
We don't blame her for being upset that her personal information was released. Although, hopefully things will work out for the sake of their son.
[Image via WENN.]


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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
BVNK is also working with other local regulators and is committed to expanding its business into more markets around the world.
London-based crypto payment startup BVNK has landed the license to operate from the Bank of Spain, a milestone that has carved the path for the outfit to expand its business into the broader European Union. Now that BVNK is a Virtual Assets Service Provider (VASP) in Spain, the startup can achieve its core goals of making a wide range of crypto services available for its Spanish customers.
BVNK has the needed technology to help customers manage their treasury, facilitate payments and manage investment operations from a single account. The startup is helping to lower the barriers to entry for all users and to make engaging with digital currencies a more relatable and easy feat.
As a startup that looks to be a one-stop shop for digital assets management, BVNK has a number of products that are customized to offer tailored services to users. Users who make use of its services can access the BVNK Yield, a product that permits users to deposit their capital rather than leave them idle, then earn competitive interest on them after a defined tenor.
BVNK Markets is a trading outfit that is specially designed for large-volume digital assets trading and is suitable for traders in search of a marketplace with deep liquidity. In all, the startup offers BVNK Insights, a tool that comes in handy to all customers as it provides analytics into market trends and consumer behavior, helping traders and investors to make informed decisions at all times.
BVNK Has Enough Boost to Operate in Spain
Besides the nod from the Bank of Spain, BVNK is strategically positioned by many metrics to operate in the country.
The startup received the sum of $40 million in Series A fundraising last year, a liquidity injection that has helped it increase its team from 40 to about 160. With the talents at its disposal, the company can easily scale its service offering, knowing well that client satisfaction will not be at risk.
“The registration in Spain will be the first of many similar landmarks and demonstrates our commitment to becoming a globally recognised business that holds itself against the highest international regulatory standards,” said Maximilian von Both, chief legal, risk, and compliance officer, BVNK.
While it is yet celebrating this new feat, BVNK is working with more local regulators and is committed to expanding its business into more markets around the world. With its deep pockets, the firm said it will increase its workforce to about 250 in the next 12 months to cater to the growth it is projecting in the near term.
BVNK’s feat of tapping the license from Spain is a feat that has been celebrated by other major crypto entities, especially Binance.
The trading behemoth received the approval to operate in Spain this summer through its local Spanish subsidiary, Moon Tech SL. The series of license approvals underscores the country’s banking institutions warming up to the idea of digital currencies in hopes of becoming a major hub for the nascent asset class in the near term.


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Just weeks after signing a merger agreement with Wendy’s International Inc., Atlanta-based Triarc Companies Inc. posted a $67.5 million loss in the first quarter, Business First of Columbus reported.
Triarc, the parent company of fast-food restaurant Arby’s, was hurt by a $68.1 million investment income loss related to its investment in Deerfield & Co., which it sold for $145 million in December, the publication reported.
Despite the loss, Triarc’s sales were at $281.6 million, a 6% increase compared to the first quarter of 2007.
Triarc has 3,700 Arby’s restaurants, 1,156 of which were owned and operated by its subsidiaries. Last month the company announced a $2.3 billion deal to acquire Dublin, Ohio-based Wendy’s International Inc., effectively creating the third-largest quick-service restaurant chain in the U.S. The merger will create a company with $12.5 billion in annual sales and more than 10,000 restaurant units.


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Goodspeed mobile broadband was launched with a handful of destinations in 2012. In May 2013 Goodspeed included already 9% of the earth’s landmass; now the service covers 56% of the globe. The Goodspeed service is available today in 60 key business destinations across the globe, including the U.S., Canada, Latin America, Russia, China and Europe.
From the very beginning Goodspeed has offered generous data allowances to travelers who need their wireless internet connection to work as seamlessly abroad as it does at home – and at reasonable prices. Although the data prices within the European Union will be cut again as of July 1st to €0.20 (or £16p) per Megabyte, the cost of roaming still remains high for those who depend on staying connected to get things done. Goodspeed has long since set its own standards for connectivity costs by offering high-speed internet connection with data rates starting at €0.006 per Megabyte. The same applies also outside the European Union. The daily data allowance of 500-1000MB, is available at the cost of a frappuccino, from €5.90.
Latest posts by David Dungay (see all)
- Avaya considering $5 billion buy out - March 27, 2019
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- Exertis is the New Name for Micro-P - October 24, 2013


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- Honma Demo Days in Solihull
Golfers in Birmingham and across our county will have a rare chance to try the world's most sought-after golf equipment in a series of Spring 2014 demo days for Japanese club-maker Honma, at Direct Golf in Solihull.
- If you are fed up of breaking wooden tees - try Magnet-Ease ...
and by the way you can pick them up with your club as they are magnetic. Innovation can be complicated and involve expensive technology but the answer to the simple needs of golf, that wooden tees break most of the time, could be to buy a pack of Magnet-Tease.
- NEW ROYAL ALBARTROSS SHOES HIT THE STREET
Royal Albartross, maker of the world's most luxurious golf shoes, has launched a new range of street-style, spikeless shoes - all designed to the same exacting standards as its traditional models.
- Honma Boosts Tour World Range
Japanese club-maker Honma has brought two new 2014 items to the UK to boost its best-selling Tour World range of golf equipment - and one is a UK exclusive. British golfers are getting a bonus with the announcement that Honma's latest wedge, the 2014 Tour World Wedge (TW-W), will sell in the UK from April.
- ROYAL & AWESOME 'PADDY PAR' DESIGN ON SALE JUST IN TIME FOR ST PATRICK'S DAY
Royal & Awesome, the eye-catching Scottish golf clothing brand, have released a shamrock-based design just in time for St Patrick's Day as part of its recently launched 2014 range.
- AWESOME GOLF CHALLENGE SPARKS GOLFERS' INTEREST IN 2014
Scotland's spectacular golf clothing brand, Royal & Awesome, is helping to put some sparkle into the charity Sparks' new golf challenge. Sparks is a children's medical research charity that raises funds to help the 1 in 30 babies born in the UK with a condition that could affect them for life.
- NEW 'SWASH BY LYNX' PUTTERS LAUNCHED
Harold Swash, one of the world's foremost putting coaches, has joined forces with UK-owned Lynx Golf to launch an exciting new range of putters.


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The show must go on.
After the passing of legend Joan Rivers, many wondered if her show Fashion Police would be able to carry on in her absence.
Well, we finally have our answer.
Read the emotional statement (below):
[Image via E!.]
Nicole Scherzinger did some seriously expensive damage in London on Monday.
Dressed in a boobilicious corset, leggings and thigh high boots, the former X Factor judge treated herself to a shopping spree at AllSaints where she ended up spending more than $31,000 on clothes.
That's going to be fun to claim on her customs form.
[Image via Mavrix Online.]


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Jumeirah has expanded its portfolio of hotels in
China thanks to three new management agreements.
The Jumeirah Haikou Resort will be located in an
exclusive golf community on a private island in Hainan; the
Jumeirah Wuhan will have a prime city centre location near to
Hankou; and Jumeirah Nanjing will be located in the Hexi new
Gerald Lawless, President and CEO of Jumeirah
Group, said, “We are delighted to be expanding our portfolio of
hotels and resorts in China, which is a significant market for
Jumeirah. We are honoured to have been asked to operate these
three new hotels in key cities, bringing our pipeline of new
properties in China to eight, in addition to Jumeirah Himalayas
Hotel in Shanghai, which has been operating successfully since
The Jumeirah Haikou Resort
will be set within an
exclusive golf community on a 136 hectare private island and is
expected to open in 2018. The mixed-use development will comprise a
golf course designed by Tom Doak, 60 residential villas and
a hotel comprising 140 guest rooms including 26 suites.
Food and beverage outlets will feature an all-day dining and
Chinese specialty restaurant, lobby lounge, bar, function space, recreational facilities such as a premier leisure club lounge,
kids’ club, fitness centre and Talise Spa.
has been appointed as the project architect.
will be located in a prime city centre location near to the
existing Hankou business district. The project is a mixed-use
development which comprises high-end office space, retail,
residences, parks and a hotel. Site preparation work is
ongoing and the anticipated opening date is 2020.
The property, designed by Foster and Partners, will feature 200
guest rooms including 23 suites, an all-day dining and Chinese specialty restaurant, lobby lounge, bar, function space, executive
club lounge and business centre. Recreational facilities will comprise a fitness centre, Talise Spa and indoor swimming pool.
Both properties in Wuhan and Haikou are owned by
subsidiaries of Yuexiu Group, a Guangzhou-based property
The third property, Jumeirah Nanjing, is currently under development and expected to
open in 2016. Located approximately 40 minutes’ drive from the
airport and a one-hour train ride from Shanghai, Jumeirah Nanjing
is set in the Hexi new business district and in close proximity to
office buildings and a conference centre. The mixed-use
development will comprise office and retail space, a conference centre,
a 4-star hotel and the Jumeirah hotel.
Designed by architect Zaha Hadid, the 250-room hotel will include
32 suites, an all-day dining and Chinese specialty restaurant, café, lobby lounge, tea lounge, bar, junior ballroom, executive
club lounge, business centre, fitness centre, Talise Spa and an indoor swimming pool.
Jumeirah currently operates
22 hotels, resorts and residences, including eleven in the Middle
East, six in Europe and five in Asia. A further 17 hotels are now
See other recent news regarding:


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Northampton students fill finals with low fat sandwich design
A group of Northampton College students are hoping to '˜bring back the BLT' and see their healthy handcrafted sandwich sold in Subway stores across the region.
Hannah Ferrin, Callum Buck, Verity Rust, and Millicent Wincott teamed-up to produce a fresh, low fat, take on the classic bacon, lettuce and tomato sandwich.
The three Level Three Business Students have reached the regional finals of a competition to create a new product for fast food outlet, Subway.
Their sandwich will go head-to-head with five other creations by students from across the East Anglia region with the winning product will be sold in stores for a two-week period, with the winning students getting involved in a marketing campaign to promote the product.
Business lecturer Karin Keir-Bucknall said: “We are so proud that, for the second year running, our students have been shortlisted as finalists in the challenge.
“The team have worked really hard to create their sub and it has been a great opportunity for them to put their business skills to the test.”
The four-strong team fought off competition from more than 100 rivals to reach the regional final and will now present their sub and full marketing plan at a Dragons Den-style ‘pitch’ event to a panel of Subway franchisees and marketing executives.
Verity said: “We wanted to create a sub for people who want to eat healthily and are aware of the dangers of too much fat in their diet, so we chose low calorie ingredients and tried to keep it as tasty as possible.
“We have chosen the BLT because historically it has been the nation’s favourite sandwich.
“With obesity slowing rising in the UK, we have tried to get low fat options trending again for a healthier lifestyle.
“Our sub includes bacon, lettuce and tomato in a nine-grain wheat sub and has just six grams of fat.”
The students have been given a fictional budget to advertise their brainchild and the students have devised a strategic marketing plan.
At the regional final the team will present to a panel of Subway executives at Cambridge University on Thursday, February 1 and if they win could land the chance to see their sub become a reality in stores across the region.


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With Prime Minister Narendra Modi's Clean India Campaign spreading like wildfire across the country, it is only natural that celebrities too are... ...http://www.newindianexpress.com/entertainment/tamil/Vijay-Game-for-Sweeping-Change/2015/06/23/article2881081.ece
Easily accessible from Pathankot, Chandigarh and Delhi, the Chamba valley in Himachal Pradesh is ideal for a short vacation Varun Shiv... ...http://www.outlooktraveller.com/article/top-5-attractions-of-chamba-himachal-pradesh-1007659
Volvo Auto India today announced the launch of the all-new V40 luxury hatchback in India, with twovariants available at launch theV40 Kinetic;... ...http://www.motoroids.com/news/volvo-v40-luxury-hatchback-launched-in-india-prices-start-at-inr-24-75-lakhs/
Comment · print · T T T+· T- The Hindu Writer Amitav Ghosh during an interview in Chennai on Tuesday. Photo: R. Ragu TOPICS In... ...http://www.thehindu.com/features/metroplus/amitav-ghosh-setting-sail-on-another-adventure/article7297979.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
The fact that Chinese brands have come into India and displaced everyone else is indisputable and inescapable. We've said it so often that it's... ...http://m.gadgets.ndtv.com/mobiles/reviews/sony-xperia-m4-aqua-dual-review-value-comes-in-many-forms-698284
The Oakley Radar Sunglasses' lens is...


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The latest theory suggests that Tether is staging an exit from the stablecoin market while withdrawing the USDT tokens at a profit.
A joint investment between the venture capital arms of Temasek Holding has sponsored the Binance expansion into Singapore.
Digital payments startup Uphold has entered into a new partnership with crypto lending platform Cred to offer new lending and earning products.
An ICO platform is delivering a full token sale support, including complete technical assistance, marketing, legal, banking, and PR services.
Сoinbase has recently сreated an automated security tool and now it is available to the public via an open source code.
Binance is actively looking to list more stablecoins in addition to the three it already supports and is currently evaluating almost all the stablecoins on the market.
As it has been announced by the research division of crypto trading platform BitMEX, the company plans to create its own Bitcoin software client.
Early Bitcoin investor Roger Ver has sparked the rumors going around the launch of a self-owned exchange, as the cryptocurrency enthusiast joined the advisory board of Azbit exchange.
San Francisco-based cryptocurrency exchange Coinbase has opened trading for 0x (ZRX), which has become the first ERC-20 token listed on the platform.
Bitfinex resumes users’ fiat deposits introducing a new, improved and increasingly resilient distributed banking system for sending fiat currencies to the exchange.


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January 25, 2017 11:27 am
According to the Norton report, only 40 per cent of Indian parents allowed their children to access the Internet before age 11.
December 23, 2016 7:05 pm
Norton users can now view their security and privacy with a new report card feature
April 22, 2016 1:00 am
The most worrisome trend was the doubling in the number of zero-day attacks from 24 in 2014 to 54 in 2015
December 03, 2015 10:48 am
Symantec Corp today said it will double the number of cyber security professionals at its Chennai centre to more than 200 over the next year
October 19, 2015 12:37 am
In conversation with Cheri McGuire, vice-president, global government affairs & cybersecurity policy, Symantec Corporation.
August 07, 2015 6:21 pm
A new Symantec research report says smart wearables are the next target for ransomware attacks
August 01, 2015 4:33 pm
While connecting the unconnected it is essential to educate first-time Internet users about cyber crooks.
June 18, 2015 5:28 pm
Nasscom aims to take the number of cyber security professionals in India from 63,200 to a million.
June 13, 2015 7:00 pm
Symantec has revealed that cyber criminals are taking advantage of the outbreak of MERS to spread Trojan.Swort through spam emails.
February 25, 2015 10:04 pm
The Ramnit malware infects Windows OSes and steals bank usernames, passwords and mostly spreads through USB drives.


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Consumer Spending Continues to Decrease, Recession Likely
January 14, 2008
(Long Island, N.Y.) With more companies predicting slower sales forecasts for the year 2008, Sears Holdings Corp. chimed in the chorus for the business sector’s most notable economic fear of Recession and has warned that the drop in sales might mean job cuts for hundreds if not thousands of workers which are currently employed in the World’s largest retails group.
Consumer spending which has been resistant even through market downfalls and the ever heightening price of crude oil in the World Market the last few years has seen a dramatic downfall in the last quarter of 2007 and since it represents at least 65% of the economic activity of the whole nation, the sharp decrease might be a push towards recession if this trend continues for the second quarter of 2008.
“When all is said and done, we have probably entered into a recession. The weakness in the holiday season was the tipping point,” said Carl Steidtmann, chief economist at Deloitte Research. “Consumers are feeling very pinched,” Steidtmann added. He said signs the “aspirational luxury” customers are retrenching and disconcerting. With jobs practically stalling in December and the country’s unemployment rate at a two year high of 5 percent, the consumers are in for savings rather than spending.
Patricia Edwards who is a well known analyst for Wentworth, Hause and Violich added that in the long run, mall based apparel stores such as Chico’s and GAP Inc. will be forced to close out some store outlets which could further the damage to the unemployment rate. “I don’t care whether the economy is in a recession; the consumer is in a recession. When you are not buying name-brand cough syrup, something is going on.” She said.
Prominent retail stores such as Sak’s and jewelry chain Zales are also experiencing heavy plunges in their stock market shares with an average decline of $5 per share which could mean that even the more affluent customers are steadily holding off on buying in this economic downturn further pointing towards Recession.
Disclaimer: News articles on this site may contain opinions of the author, and if opinion, may not necessarily reflect the views of the site itself or the views of the owners of NewsLI.com, Long Island Media Inc., or Long Island Exchange®. For more information on our editorial policies please view our terms of service.


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The Greening of Montana
The World of E-Commerce
Business to Business
From Bench to Business
Rocky Mountain Global
The RAVE of the future
Caroline Lupfer Kurtz
If Montanas share were only one one-hundredth of 1 percent, that would be $250 million annually to the states economy, he says. Just think what that would mean.
To help Montana businesses take advantage of the coming revolution, Donovan has created RAVE, the Rocky Mountain Agile Virtual Enterprise Project. If his applications for start-up funds from the U.S. Department of Commerce and the National Science Foundation are approved this fall, RAVE will begin to connect light and moderate manufacturers in Montana into business networks that can bid cooperatively on large projects beyond the scope of single small companies.
The idea behind RAVE is to let individual companies form virtual corporations for the duration of a particular project, sharing information across computer lines. The approach enables businesses to make more efficient use of their human and technical resources and get out of the business of providing services and into the business of providing solutions, Donovan says. He believes the upshot will be more business in the state and higher bottom lines.
Companies participating in RAVE have access to jobs posted on the Web by potential customers, including specifications, blueprints, budgets and scheduling information. Businesses that can contribute specific pieces of the project form a virtual enterprise a legally separate company from the parent companies and RAVE. The corporation does the work, the customer gets the product, and the corporation dissolves, Donovan explains.
These entities can last for a month or a year or even indefinitely, he says.
Only one other organization in the country is doing something similar. The AgileWeb in Pennsylvania has between 20 and 25 companies with 10 to 30 employees each in different manufacturing areas. In the last three years, Donovan says, they have seen sales increase more than 20 percent and their operating margins improve by the same amount. So far about 10 companies in Missoula, Ronan, Butte, Bozeman and Poplar have expressed interest in participating in RAVE.
One of the biggest challenges to creating such collaborative business networks is the management system needed to link the disparate partners. G5 Technologies in Cherry Hill, N.J., has developed a management system and software package called the Virtual Corporation Management System which provides the legal, financial and performance oversight all the necessary management aspects for collaborative businesses. RAVE would provide training in the use of VCMS software and help with the marketing of Montana enterprises.
Automobile makers and giant manufacturers such as United Technologies already have announced their commitment to moving their procurement processes onto the Web. Donovan hopes Montana can become at least a test site for supplying products this way. A top priority for RAVE over the next five years will be to connect companies throughout the state and region, making Montana a hub of e-commerce.
This is a unique opportunity for companies in Montana to become market leaders instead of market followers, he says. This is the way business is going to be done in the future. If youre not doing this, youre probably not in business.
For more information about RAVE and virtual corporations, contact Rick Donovan at (406) 496-4770.


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Disney+ will raise prices in the U.S. on Friday to $8 a month from $7.
The Disney+ bundle, which includes Disney+, Hulu, and ESPN+, is also going up to $14 a month from $13, or $19 for a version without ads. On an annual basis, Disney+ will now be $80, up from $70.
In continental Europe, the service just went up to €9 in the UK to £8, increases of two Euro and two pounds, respectively. In Canada, the cost jumped to $12 Canadian from $9.
This month’s price increases were announced last December during the company’s investor day and the March 26 date was reported several weeks ago. It is the first time the company has raised the price of Disney+ since launching it in November 2019. The streaming service recently passed 100 million global subscribers across dozens of global territories, the company reported earlier this month.
When it was initially revealed two years ago, the $7 price of Disney+ drew audible gasps from analysts and press gathered in Burbank at a previous investor event. Given the value of Marvel, Star Wars, Pixar and other properties it offers, the cost of Disney+ is certainly highly competitive. Yet as the streaming competition has intensified, it is now closer to the middle of the industry pack than when it first came to market. Especially if you are don’t object to watching a few ads.
NBCUniversal’s basic tier of Peacock is free and ad-supported, while its premium level is $5 a month with ads, $10 without. Apple TV+ is $5 a month and has no ads. The ad tiers of Paramount+ and Discovery+ are also $5 a month and the entry-level tier of Hulu is $6. At the top end of the range is HBO Max at $15, though WarnerMedia will launch a cheaper, ad-supported version of it later this spring, at a price point to be announced.
Netflix’s willingness to continue raising prices — and generally keep subscribers in the fold nevertheless — will encourage Disney and other players to consider a similar path. The longtime streaming leader, with nearly 204 million subscribers, just went to $14 a month in the U.S., from $13, and it has never had advertising. An Amazon Prime membership, meanwhile, is $13 a month (or $119 a year), with benefits that include video streaming. A few Prime offerings, notably live sports, have ads.
The growth of Disney+, at a higher price point, should pay dividends for the company. The company upped its internal targets last December to 230 million to 260 million subscribers by the end of 2024, a steeper trajectory than the 2019 forecast for 60 million to 90 million.
In terms of one closely watched metric, Disney is trailing major rivals like HBO Max and Netflix: average revenue per user, or ARPU. In its fiscal first quarter results, reported in February, the company said ARPU was just $4.03, down 28% from the same period in 2019. The culprit was lower prices offered in India and other Southeast Asian territories via Hotstar, which offers Disney+ an add-on to its existing service. Excluding Hotstar, which represents about 30% of all Disney+ subscriptions, ARPU was $5.30 in the quarter.
The other key variable is programming, and Disney is committing billions of dollars to boost the number of film and TV offerings coming to Disney+. During the company’s epic-length investor day, it said it will ramp up to deliver 100 new film and series titles each year, or an average of two per week. That abundance, compared with the lean environment in which The Mandalorian broke out, should limit churn — aka the number of subscribers who decide to cancel.
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February 23, 2009 News
Page: 1 2 Next
11 years ago, 25072 views, By Red Bank Surplus
Red Bank Surplus, on Wallace Street in Monmouth County, NJ has seen an increase in interest in his stock of Navdungaree and Seafarer U.S. Navy bell-bottom dungarees.
11 years ago, 17810 views, By Rick Ginn
Below are MLS listings that are currently for sale. Some are in a pre-foreclosure state, while others are short sales or bank owned properties. If you are only looking for foreclosure listings and short sales you will need to contact us.
11 years ago, 16659 views, By Susan Hargreaves
The latest mobile phone to come out of the Walkman range of Sony Ericsson phones has now been launched on O2 in the UK, we review the new Sony Ericsson W705 and explore what this new music phone has to offer the mobile music lover.
11 years ago, 10041 views, By www.fatyourwallet.com
www.fatyourwallet.com CECT Samsung W629 dual sim dual stand by landgrave luxurious Mobile Phone + EMS shipping---USD125.58
11 years ago, 9248 views, By Gill Stephens
Nationwide NS&I search is on to track down 550,000 winners of £30 million in unclaimed premium bond prizes in UK
11 years ago, 8385 views, By Scott Cohen
Moroccan architecture and Moorish style home decorating is quite popular among Architects and interior designers in the U.S.A , due to its dramatic jewel toned colors, gorgeous exotic patterns and luxurious Moroccan fabrics.
11 years ago, 6959 views, By piZap.com
piZap.com, the wacky online photo editor that is growing like gang-busters, has released a simple API that opens up the features of the piZap photo editor to other web publishers. Web site owners can now let their users edit and save piZap creations!
11 years ago, 6671 views, By Kelly Skipper
Glo Wellbeing has created a bespoke pamper party service that provides luxurious treatments at affordable prices. The perfect way to help you feel good and look good during the recession.
11 years ago, 6530 views, By Kidzee
RE-BRANDS ITSELF WITH A UNIQUE PHILOSOPHY – ILLUME • To achieve a turnover of Rs. 440 million by 2011 • To open 1000 preschools across India by 2011 • Leads innovation, brings technology by launching e-KidZee
11 years ago, 6488 views, By Cosmetyn Review
New information about cosmetyn and where you can buy the treatment for stretch marks at. There are many benefits to using it but it's hard to find and may not be available until now...
11 years ago, 6430 views, By Mandy Bailey
Rebecca Mudd of Nashville Tennessee opens a new polymer clay jewelry site of her exciting new creations of polymer clay jewelry. Stop in and be enthralled by stand out pieces of polymer clay bracelets, pendants, and ear rings.
11 years ago, 6306 views, By Select One Wireless LLC
BlackBerry's Curve 8300 series is fantastic with email and text messaging capabilities as well as browser, GPS, media, Bluetooth, camera and corporate data access. The sleek and stylish carrying case for this device is the Body Glove Snap-On case.
11 years ago, 6243 views, By Select One Wireless LLC
The BlackBerry Storm 9540 PDA is exciting with its capabilities, such as email and text message, browser, IM, GPS, Bluetooth, Sure Type, camera and corp data access. The Body Glove Snap-On Case protects this PDA phone in style with a golf glove fit.
11 years ago, 6162 views, By government grants
New Free Government Grants Site Offers Free Grant Applications And Assistance
11 years ago, 5961 views, By Fastrack
Bangalore, February 23, 2009: Fastrack, in it’s journey to being a fashion accessories brand has expanded it’s portfolio to now include not just watches and sunglasses but bags, belts, wallets and wristbands too.
11 years ago, 5937 views, By Ascent Adventure Consultants LLC
Motivated by a desire to give others the techniques and training necessary to pursue a lifetime of rock climbing outside, Ascent Adventure Consultants has designed these classes, beginning in April 2009 in the Raleigh North Carolina area.
11 years ago, 5928 views, By Flammer Relations, Inc
With their recent plant facility move (Summer 2008) from Markham to Aurora, Ontario, Modern Railings and Metal Craft Ltd., purchased a Wheelabrator® Roll Conveyor system for their new location.
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Quiet beachfront Condo only minutes from Florida's oldest city. Coquina condos Crescent Beach's best kept secret. A rare opportunity to own a condo on one of the most beautiful beaches in Florida.
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Travelers can now plan their entire Costa Rica vacation online
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Clinique, a leader in skin care innovation and allergy tested, 100 per cent fragrance free products, has launched their latest anti-ageing skin care moisturiser, new Youth Surge SPF 15 Age Decelerating Moisturiser
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Lap band diet plan is a plan to give you relaxes from your co-morbid condition. If you really want to lose your weight, you should follow the suggestions of the physician. Daily workout along with diet plan is also must.


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The gross GST income collected within the month of October, 2020 was Rs 1,05,155 crore, an official assertion stated on Sunday.
That is the primary time within the present monetary yr that the gross GST collections has crossed the Rs 1-lakh-crore-mark.
Out of the entire GST income collected, which CGST (Central GST) was Rs 19,193 crore, SGST (State GST) was Rs 25,411 crore and IGST (Built-in GST) was Rs 52,540 crore (together with Rs 23,375 crore collected on import of products) and cess was Rs 8,011crore (together with Rs 932 crore collected on import of products).
The whole variety of GSTR-3B Returns filed for the month of October upto was 80 lakh. The federal government has settled Rs 25,091 crore to CGST and Rs 19,427 crore to SGST from IGST as common settlement.
The whole income earned by Central Authorities and the State Governments after common settlement within the month of October, 2020 was Rs 44,285 crore for CGST and Rs 44,839 crore for the SGST.
The revenues for the month are 10 per cent greater than the GST revenues in the identical month final yr, stated a Finance Ministry assertion.
In the course of the month, revenues from import of products had been 9 per cent greater and the revenues from home transaction (together with import of companies) had been 11 per cent greater than the revenues from these sources throughout the identical month final yr.
The assertion stated that the expansion in GST income as in comparison with that in months of July, August and September, 2020 exhibits the trajectory of restoration of the economic system and, correspondingly, of the revenues, it stated.


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Latest Mediterranean diet Stories
A new study from King's College London suggests that a diet combining unsaturated fats (olive oil) with nitrite-rich vegetables (lettuce) can protect you from hypertension.
Diet drinks may appeal to a woman’s healthier sensibilities – but according to a new study, healthy postmenopausal women who consume two or more diet fruit or diet soda beverages a day might be more likely to have a heart attack.
New Italian data uncover specific association between diet and blood cell markers of heart attack- and stroke-associated inflammation WASHINGTON, March 31, 2014 /PRNewswire-USNewswire/
A new study reveals that eating a Mediterranean diet is linked to a lower risk of developing diabetes, especially among those with a high risk of cardiovascular disease.
The European Union funded campaign Flavor Your Life, which is dedicated to providing the latest in olive oil news, discusses how following a Mediterranean diet rich in Tuscan olive oil is a flavorful
A popular Mediterranean diet once again proves beneficial for a healthy lifestyle. A new study shows that the diet lowers the risk of heart disease in a group of Midwestern firefighters, including those who are younger.
A multicenter study that previously reported a reduction in heart attack and stroke with a Mediterranean diet supplemented with extra-virgin olive oil or with nuts now also reports a lower risk of peripheral artery disease
ColumbiaDoctors of the Hudson Valley recommend Mediterranean-style diet for heart health. (PRWEB) January 21, 2014 What’s your New Year’s resolution?
The European Union funded campaign Flavor Your Life discusses the roles olive oil, like Tuscan olive oil, can play in everyday life. Bohemia, NY (PRWEB) January
U.S. News & World Report published its fourth annual Best Diets rankings this week, ranking DASH Diet as best and the Paleo Diet as dead last.
- Growing in low tufty patches.


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StockX LLC, an online marketplace that sells sneakers, outerwear, collectibles and other items, said it has earned a valuation of $ 3.8 billion by selling 60 million new shares and allowing some employees to sell 195 million of their own. shares to investors at that price.
The 35% increase in valuation is ahead of the company’s expected public listing that is likely to occur as early as the second half of this year, according to people familiar with the company’s plans. Funding also comes quickly on the heels of its previous round, when StockX raised $ 275 million of new capital in December, valued at $ 2.8 billion. The company first eclipsed the $ 1 billion valuation mark in mid-2019. Altimeter Capital, an existing investor, is leading this round and Dragoneer Investment Group will join the round as a new investor. “By any metric, these valuations are very reasonable when you look at their growth rate and their economic unit and their geographic and product expansion,” said Brad Gerstner, founder and CEO of Altimeter, referring to the two most recent rounds of collection. of company funds. “StockX is really on fire as an e-commerce platform.” An expanded version of this report appears on WSJ.com. Also popular on WSJ.com: Meet the highest paid CEO of the S&P 500, the $ 211 million man from Paycom. China’s Greenlandic ambitions collide with local politics and US influence.


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Beijing (Reuters): Facebook Inc, whose social media platform is blocked in China , authorized a local company to launch a photo-sharing application in the country in May, the New York Times reported, citing a person with knowledge of the company's plans.
"We have long said that we are interested in China , and are spending time understanding and learning more about the country in different ways," a Facebook spokesperson said by email.
"Our focus right now is on helping Chinese businesses and developers expand to new markets outside China by using our ad platform."
Western social media websites like Facebook and Twitter are blocked by China 's censors, which has helped drive up the popularity of home-grown messaging app WeChat, owned by Tencent and microblogging service Weibo.
Zuckerberg in February all but ruled out an expansion in the world's most populous country, saying there would be "no news at all in the near term."


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China will grant zero-tariff treatment to 98 percent of taxable items originating in 10 least-developed countries (LDC), including Guinea-Bissau and Sao Tome and Principe.
According to a statement released by the Customs Tariff Commission of the State Council of China, the policy will cover 8,786 items, including agricultural products such as olive oil, cocoa powder and nuts, as well as various chemicals and product materials.
Effective on December 1, China will waive all tariffs on 98 percent of the related imports from Afghanistan, Benin, Burkina Faso, Guinea-Bissau, the Kingdom of Lesotho, Malawi, Sao Tome and Principe, Tanzania, Uganda and Zambia.
The policy will cover 8,786 items, including agricultural products such as olive oil, cocoa powder and nuts, as well as various chemicals and product materials.
The policy is conducive to opening up with a win-win approach, building an open economy in the world, and helping LDCs to accelerate their economic development, the statement said.
Prior to this move, the commission announced plans to offer zero-tariff treatment for 98 percent of currently taxable products imported from 16 of the LDCs including Togo, Djibouti, Laos and Rwanda, which came into force on September 1.
The move will further promote China-Africa economic and trade cooperation, and help African products explore the Chinese market, He Wenping, director of the African Studies Section at the Institute of West Asian and African Studies under the Chinese Academy of Social Sciences, told the Global Times on Wednesday.
He added that it is a practical move for China, which has planned to import USD 300 billion of products from Africa in the next three years.
At the eighth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) in 2021, China announced plans to set up a green lane for African agricultural products to enter the Chinese market, expand the range of products covered by zero-tariff treatment and import USD 300 billion worth of products from Africa in the following three years, the Xinhua News Agency reported.
China-Africa economic cooperation has expanded rapidly in scale and extent. Over the past five years, China’s imports of African agricultural products have grown at an average annualized rate of 11.4 percent, making China the second-largest export destination for African agricultural products, according to the Xinhua report.
In 2021 China imported USD 5.03 billion of agricultural products from Africa, a year-on-year increase of 18.23 percent, reaching a record high.
From January to October, bilateral trade between China and Africa grew 14.3 percent year-on-year to reach over USD 236 billion, according to figures released by the General Administration of Customs on Monday.


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Baldwin Park, CA – Spyder, one of today’s leading paintball manufacturers has just announced a strategic partnership with RateMyPaintball, the new worldwide crowdsourcing website that lets players upload and vote for their favorite teams.
“As soon as we understood the full potential of this site, we jumped on board. It’s important to give back to the paintball community, and Spyder has always believed that sponsorship and prizes were an excellent way to do that,” says Ian Tennant, Marketing Manager for Kingman.
RateMyPaintball lets teams upload their profile no matter where they live, what type of paintball they play, what league they’re in, and whether or not they’re already sponsored. The aim of the site is to build a global index of paintball teams to give them more visibility to potential sponsors. Five prizes by other manufacturers are currently on display and a dozen more will be available in the next three months.
“We’re currently awarding prizes by team popularity, sometimes in specific countries to develop the market there, but the next series of prizes will be awarded after closer inspection of the profiles by leading paintball manufacturers, including Spyder,” explains RateMyPaintball co-founder Stephane Salema.
Spyder has just unveiled their first prize of seven Fenix markers, featuring the Eko™ Valve which offers the most extreme air efficiency available in the paintball market. The patent pending green concept Eko™ Valve reduces your cost to play paintball delivering an impressive 1,600 shots average per 20oz. CO2 tank. Other standard features include a Break Beam Eye “Anti-Chop System” for increased reliability and performance, a rear facing “Color Access Mode Display” (CAMD), and 3-Way adjustable magnetic response “Saber” Trigger. These seven markers, available in a choice of two colors, will be awarded to the most popular non-sponsored speedball team worldwide with more than 500 votes (paintball goods must be cleared for shipment in the winning country). “Not only can this incredible prize—the largest so far—be awarded to any team in the world, but the social architecture of the website ensures that new products become quickly visible to the entire paintball community, and even to future players,” adds Salema.
“We’re already planning a second prize that will be announced this summer. It’s exciting to see that paintball is still as innovative as ever, and using the social Web to further grow the sport around the world,” concludes Tennant from Spyder.
Beginning in 1992, Kingman Group quickly established its reputation with the Hammer™ series pump action marker, and then completely changed the scope of the paintball sport with its now legendary Spyder® semi-automatic series. Since then, Kingman Group has been known for its reliable and affordable paintball markers and dedication to promoting and growing the sport.
The only one-stop-shop worldwide crowdsourcing website that helps paintball teams get noticed and get sponsored. Players can sort by country, brand, popularity, speedball, milsim, or use the searchbox to find a specific team. It’s guaranteed exposure, milsim and speedball friendly. It’s fun and will always be free.
Baldwin Park, CA – Spyder has announced exciting news for all 2012 Oklahoma D-Day participants, they are awarding over $6,500 in prizes at the event including 10 Spyder MRX markers, 10 Spyder MRX Elite markers plus Spyder Gear and Accessories. There’s no catch, to enter simply visit the Spyder booth to test shoot the revolutionary Spyder MRX marker featuring the brand new “DLS” Dual Loading System. This unique patent pending system enables you to interchange your loading system with a quick turn of the barrel; allowing the user to switch between a traditional upper load feed system and all new 10-round lower magazine feed system during play.
“We need a big truck to transport all the giveaway products we’re bringing to D-Day this year!” says John Solis, Event Coordinator for Kingman Group. “Stop by the Kingman booth to test shoot the MRX, then complete an entry for your chance to win! We will have all new Spyder products for sale, with techs on site to answer your questions.”
Oklahoma D-Day is the world’s largest scenario paintball event where paintball players can join the Allied Forces or German Forces to compete in several battles throughout the course of the week. The 2012 event starts on Monday, June 11th and runs through Sunday, June 17th. Spyder will be at the Kingman building for the entire event with all new products on display including the Spyder MRX, MRX Elite, Fenix, MR100 Pro, Xtra and Victor.
All giveaway participants must be on-site to claim prize. Odds of winning will be determined by the number of participants. Simply try the revolutionary Spyder MRX at the Kingman target shoot, then complete a entry form. For questions visit the Kingman booth at the 2012 Oklahoma D-Day event.
Spyder will be rocking the beach this Thursday, March 29 – Sunday, April 1st at the first major paintball event for 2012; the NPPL Surf City USA Open at the Huntington Beach pier. Spyder has been a platinum sponsor of the NPPL since it’s inception and will continue for 2012.
Stop by the Spyder Shooting Cage in Huntington Beach where you can test the all new Spyder MRX marker featuring the brand new “DLS” Dual Loading System. This unique patent pending system enables you to interchange your loading system with a quick turn of the barrel; allowing the user to switch between a traditional upper load feed system and all new 10-round lower magazine feed system during play.
Also look for the KT Arena where you can bring a friend to participate in a KT .43 Caliber shootout. Kingman will have staff on hand to show the latest products, and setup demos. “We are looking forward to a fun-filled week on the beach… surf, sun and paintball! Bring a friend down for a one-on-one match up in the KT Arena or try the new Spyder MRX at the shooting cage.” says John Solis, Event Coordinator for Kingman Group. Kingman will also have product for sale at discounted prices. Head down to the beach for extreme paintball action this weekend with Spyder and the NPPL.


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Amazon fulfillment center in Kent County could produce 1k new jobs
Amazon is coming to West Michigan after all. After online retail giant Amazon rejected Grand Rapids as a potential site for the company’s second headquarters, the company plans to invest $150 million in a new fulfilment center just south of Grand Rapids in Gaines Township--a move that promises 1000 new jobs with full benefits and a 95 percent tuition reimbursement for employees.
The Michigan Economic Development Corporation made the announcement Tuesday afternoon after approving state grants that will give Amazon $4 million in up front good faith money. The move is believed to have sweetened the deal for Amazon and win the distribution center over Ohio, Wisconsin, Illinois and Indiana.
Local non-profit economic developer The Right Place, who put together the rejected 2nd headquarters proposal, issued this statement from president and CEO Birgit Klohs,
“The Right Place is pleased to work on the proposed Gaines Township Amazon fulfillment center, this critical approval from the MEDC brings this project one step closer to reality.”
The fulfillment center will be built on 1000 acres of land currently owned by Steelcase near 68th and Patterson Ave, and just south west of the Switch Pyramid.


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A marketing startup called Incentivibe, part of Waterloo, Ont.-based Communitech's first HYPERDRIVE incubator cohort, announced on Tuesday that it had been acquired by Rebellion Media
Partnership with startup incubator is part of a broader digital push, which also includes an online makeover and new in store technologies.
Package shipping startup is the latest Waterloo-based startup to be acquired by the search engine giant
Former co-CEO of RIM talks about a wide range of issues in interview to celebrate15th anniversary of Waterloo startup hub
In FP Tech Desk’s Startup Roundup series, we take a look at Canadian startup news from the past week
Funding might be available from a plethora of sources in Canada, but there's more to helping startups than just money.
The Communitech Hub is preparing to launch a $30-million startup accelerator program called Hyperdrive next week with plans to invest as much as $700,000 in each participating company
Making workplace training more fun has proven to be an idea worth some financing
Established on October 25, 2010 to foster commercialization of innovative new technologies, the Hub marked its one-year anniversary on Tuesday and released some impressive stats to mark the occasion
This week on the podcast, we speak with Communitech’s Avvey Peters about how the recent layoffs at RIM are affecting the Waterloo technology community. We also speak with Jennifer Evans of Sequentia Environics about her company’s new deal with Reddit and Sprouter founder Sarah Prevette about moving on.
A free update to the iOS software for mobile devices will be available to existing iPhone and iPad users on Wednesday. Expect better syncing across devices and more
Policy makers in a bind because any move to tighten hot markets in Toronto, Vancouver and Calgary will send weaker markets into a tailspin
New show will go back over deals made on Shark Tank and gauge how effectively the firms are progressing with the backing of the sharks who invested in them
It's a way to get high-speed information about markets — and it doesn't cost an arm and a leg. Here are the people to follow
Scotland is about to vote over whether to stay in the UK. A decision to leave could have significant implications for Scotch whisky


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Android malware RottenSys found in 5 million devices
A new type of malware was recently discovered by researchers at Check Point. Dubbed RottenSys, it came preinstalled on several Android phones from brands such as Honor, Xiaomi, Samsung, among others, having been found in over 5 million devices. It aggresively displays ads on the infected device earning the attackers responsible over $100000 in ad revenue in just over a week. If not quickly mitigated researchers are worried it could be used as a botnet.
RottenSys—Pre-installed Android malware
Researchers at Check Point recently discovered a new type of malware, dubbed RottenSys, which targets Android devices with large scale ad campaigns. Contrary to the typical attack vectors of malware this variant appears to come pre-installed. Nearly 5 million phones by brands such as Honor, Huawei, Xiaomi and Samsung have been affected.
RottenSys hides itself under the name “System Wi-Fi Service”. Once the device is up and running the malware demands permission for nearly everything, including calendar read access and silent download permissions, which makes it nearly undetectable for the user. Furthermore, a waiting period before performing its operations together with only initially containing a non-malicious dropper module makes it even more difficult to detect.
Once the waiting period is up RottenSys will contact its Command & Control (C&C) center to retrieve a list of components required. When downloaded, these are responsible for any further malicious activity. Persistence is secured on the device through open-source frameworks.
Aggressive ad campaigns and possible botnet usage
With the malware firmly planted in the device its ad campaign begins. Users report aggressive advertisements on their home screen, through pop-up windows or even full-screen ads. According to Check Point in just 10 days ads were shows 13 250 756 times. 584 822 were translated into clicks. It is estimated to have earned the attackers $115 000 in those 10 days alone.
While the massive adware campaign is a cause for concern more threatening activities have been spotted. The same researchers found that the C&C server has been used for testing a botnet campaign since early February, 2018. If existing permissions and installation channels persist attackers could use them to drop their botnet code through, gaining control over millions of devices.
Advertisement on Android devices could originate from several causes. Therefore it’s not as easy for a regular user to mitigate it. However, if you are aware of the package names used by RottenSys they can be removed. This is done by navigating to the app manager within system settings and removing the following.
|Package name||App name|


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Trello, the web-based project and task-management system, announced on Thursday that it now has more than 5 million users.
Functioning much like a visual to-do list, Trello shows what needs to be done, and what is happening at various stages of a project or assignment. Think of it as a 21st-century interpretation of a Post-it board.
Trello originally launched in 2011 as a product under Fog Creek Software. The…
You might call it a revolution, or maybe a remaking, but either way big data is changing the scale and scope of how doctors care for patients and how caregivers and insurance companies address community-wide health issues
Consider the statistics already in play. A recent McKinsey & Company report traced the expansion of computer-based information systems, and the electronic medical records they create, in both the physician’s office and the hospital
The pubis-flaunting, almost pornographic-looking uniforms worn by a women’s cycling team from Colombia in a race last weekend have now become a topic of widespread and incredulous Internet mockery — and they were reportedly designed by a member of the team itself.
It appears the uniforms, which were rebuked online by the head of the international governing body for competitive cycling, were already in use for months prior to their moment of viral ignominy.
One day, in the not-too-distant future, you’ll be able to walk into a car dealership, choose a design — including the number of seats — and have a 3D printed car by the end of the day
This is Jay Rogers’ vision. Rogers is the CEO of Local Motors, the company that just built the world’s first 3D printed car known as the Strati. The electric, pint-sized two-seater was officially unveiled last week at the International Manufacturing Technology Show (IMTS) in Chicago, Illinois.
SYDNEY — Australian beauty sampling start-up Bellabox has secured $3 million in funding, it announced on Tuesday, meaning more beauty boxes landing on desks of fashionistas around the country.
The beauty box service, co-founded by twin sisters Sarah and Emily Hamilton in 2011, has made waves in the local start-up space in the three years since its inceptionBellabox is now the leading beauty subscription service in Australia with a 70% market share.
BEIRUT — Syria launched a series of airstrikes targeting a stronghold of the Islamic State extremist group on Saturday, killing at least 25 people, most of whom died when one of the missiles slammed into a crowded bakery, activists said.
The eight airstrikes smashed parts of buildings, set cars alight and crushed people under rubble in the northeastern city of Raqqa, which is ruled by the extremist group (formerly known as ISIS/ISIL), according to video of the aftermath uploaded to social…
Music service Rdio unveiled a completely redesigned website, as well as iOS and Android apps on Thursday, emphasizing its expanded free streaming offerings.
Music streaming services typically fall into two models: user-created stations, which play music based on a single genre, artist or song (e.g. Pandora) or subscription-based on-demand streaming where users choose the artists, songs and albums they stream (e.g. Spotify).
Until now, Rdio has fallen pretty squarely into the latter camp,…
BERLIN — Taiwanese computer company Acer launched a series of new tablet-PC convertible products on Wednesday at the 2014 IFA tech conference in Berlin, Germany, as well as a low-cost $149 tablet, in what will become its lineup for the upcoming holiday shopping season.
The devices are designed for those who don’t want to give up a traditional notebook design and want more portable options and flexibility.
To start, the company…
You’re not supposed to judge a book by it’s cover, we know. But how about a Netflix show?
The sheer number of shows on Netflix makes it nearly impossible to choose something that you actually want to watch. Instead, you’re left with endless questions: What shows are worth it the time investment? What shows are actually creative and fresh? What shows will help you pay off your school loans? Snap judgments are really the only way to go here.


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Volvo recalling 7,000 diesel cars (including S60 & XC60) for engine stalling problem
Volvo is recalling 59,000 cars over faulty software which can briefly shut down the engine and electric system - including 7,000 in the UK.
The company's spokesman, Stefan Elfstrom, told Sky News there have been no reports of the glitch causing an accident.
However, he said "the experience isn't a nice one" for affected customers.
Five 2016 diesel models are affected by the recall: the S60, V60, XC60, V70 and XC70.
Mr Elfstrom said the glitch would be "barely noticeable" if motorists are travelling at speed, as both the engine and electric system start up again immediately.
Volvo is now beginning to write to affected car owners, who will be able to contact their local dealership for the fault to be fixed for free.
It has identified the "root cause" of the problem and has released a software update which eliminates the glitch.
Although Volvo is recalling cars in 40 markets, half of the 59,000 affected models were sold in Sweden - with a significant number of the rest sold in the UK and Germany.
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|Volvo XC60, D5 Summum AWD. EDIT: 40,000 kms & 3 years up||V.Narayan||Test-Drives & Initial Ownership Reports||197||3rd July 2018 19:26|
|Volvo XC60 - Engine Seized!||sanojrawap||Technical Stuff||48||30th November 2015 23:56|
|Volvo S60 instrument console failed. Repair or replace? Volvo to replace under Goodwill!||jfxavier||Technical Stuff||26||13th January 2015 10:49|
|Volvo S60 & XC60 : Cheaper variants. EDIT : S60 now starts at 23.90 lakh & D3 engine||.anshuman||The Indian Car Scene||74||16th August 2014 21:53|
|Volvo S60 "HOT" and XC60 are coming. EDIT : XC60 launched at 39.50 lakhs||ajai_dev||The Indian Car Scene||56||19th January 2011 10:41|


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METRICSIRS says crypto is property. SEC says its a security. FinCEN says its money. They cannot legally ALL be true. The only thing that is 100% certain is that crypto defies classification — so it’s mostly likely an entirely new species of thing. (i.redd.it)
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are a type of digital currencies, alternative currencies and virtual currencies. Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control of each cryptocurrency works through a blockchain, which is a public transaction database, functioning as a distributed ledger.
Cryptocurrencies have brought an entirely different method of spending and storing currency without necessarily using any financial institution or central banking system. Since the technique is new, it hasn’t been adopted widely as a trusted payment mode. However, it has grown fast and could be a potential mode of financial transactions in future.
These two projects—one trumpeted as an innovative success, the other targeted as a criminal conspiracy—claimed to be doing essentially the same thing. In the last two months alone, more than two dozen companies building on the “blockchain” technology pioneered by Bitcoin have launched what are known as Initial Coin Offerings to raise operating capital. The hype around blockchain technology is turning ICOs into the next digital gold rush: According to the research firm Smith and Crown, ICOs raised $27.6 million in the first two weeks of May alone.
Much of the money flowing into these offerings is smart, both in that it comes from knowledgeable insiders, and in a more literal sense: Buying into ICOs almost always requires using either Bitcoin or Ethereum tokens (OneCoin, tellingly, accepted payment in standard currency). Jeff Garzik, a longtime Bitcoin developer who now helps organize ICOs through his company Bloq, thinks their momentum is largely driven by recently minted Bitcoin millionaires looking to diversify their gains. Many of these investors are able to do their own due diligence—evaluating a project’s team, examining demo versions of their software, or scrutinizing their blockchain after launch.
Each block, record or set of records is transferred to the network where it is first checked for validity. When it’s been accepted by the network, it is then added to the blockchain. As soon as the network certifies the block, it cannot be altered in any way.
In practice, however, the available uses are rather more limited. Bitcoin can be used as a payment system for a few online transactions, and even fewer real-world ones, while other cryptocurrencies are even more juvenile than that. The excitement about the field is focused more on what it could become than what it actually is.
Cryptocurrencies have been compared to ponzi schemes, pyramid schemes and economic bubbles, such as housing market bubbles. Howard Marks of Oaktree Capital Management stated in 2017 that digital currencies were “nothing but an unfounded fad (or perhaps even a pyramid scheme), based on a willingness to ascribe value to something that has little or none beyond what people will pay for it”, and compared them to the tulip mania (1637), South Sea Bubble (1720), and dot-com bubble (1999). In October 2017, BlackRock CEO Larry Fink called bitcoin an ‘index of money laundering’. “Bitcoin just shows you how much demand for money laundering there is in the world,” he said.
Stellar Lumens is a cryptocurrency similar to Ripple and aims to become the de facto cryptocurrency system used by banks and other financial institutions. The “lumens” are the currency units that exist on the Stellar network.
“I won’t say banks and payment companies will disappear, but their role would definitely change,” said William Gee, a risk assurance practice partner at PwC China in Beijing. “They need to find their new role in the new payment ecosystem, and we will probably see some innovative business model in this sector.”
Groce, however, didn’t look like a guy Wells Fargo would hire. He liked to stay up late at the garbage-hauling center and thrash through Black Sabbath tunes on his guitar. He gave all his computers pet names, like Topper and the Dazzler, and, between guitar solos, tended to them as if they were prize animals. “I grew up milking cows,” Groce said. “Now I’m just milking these things.”
Given the economic and environmental concerns associated with mining, various “minerless” cryptocurrencies are undergoing active development. Unlike conventional blockchains, some directed acyclic graph cryptocurrencies utilise a pay-it-forward system, whereby each account performs minimally heavy computations on two previous transactions to verify. Others utilise a block-lattice structure whereby each individual account has its own blockchain. With each account controlling its own transactions, no traditional proof-of-work mining is required, allowing for free, instantaneous transactions.
While the cryptocurrencies themselves have gotten much of the media attention, some experts say the blockchain decentralized verification technology, not the cryptocurrencies themselves, is the real opportunity for investors. Companies working on developing this potentially disruptive technology, including Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) and IBM Corp. (IBM), are among the top holdings of the blockchain ETFs. Gartner estimates blockchain technology could contribute $3.1 trillion in value to the global economy by 2030.
Many of the companies using Ethereum are building their own private versions of the software, which won’t make use of the Ether currency. Speculators are betting that these companies will eventually plug their software into the broader Ethereum network.
According to the European Central Bank’s 2015 “Virtual currency schemes – a further analysis” report, virtual currency is a digital representation of value, not issued by a central bank, credit institution or e-money institution, which, in some circumstances, can be used as an alternative to money. In the previous report of October 2012, the virtual currency was defined as a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community.
The thing that bothers me about blockchain is that I don’t see how it can economically reach large enough scale to be practical for any significant fraction of transactions. Ethereum might be fine for real estate transactions, but we won’t be using it to buy a pack of gum.
Perhaps the most well known crypto-currency on the market, Bitcoin is like digital gold. There is a finite supply that can be ‘mined’ every year using sophisticated software. This is called blockchain technology, go into more detail about blockchain in a future post.
McAfee Labs, the popular cybersecurity company owned by renowned hacker and crypto investor John Mcafee, released a report on March 8, 2018 indicating that several businesses in Turkey could have been compromised due to the …
“Until the questions identified above can be addressed satisfactorily, we do not believe that it is appropriate for fund sponsors to initiate registration of funds that intend to invest substantially in cryptocurrency and related products, and we have asked sponsors that have registration statements filed for such products to withdraw them,” Blass wrote on Jan. 18.
Now in the wake of this latest security lapse, the FSA has mentioned that online exchanges now need to take certain measures so as to appropriately monitor trading activities, as well as provide their employees with the required skill sets to perceive suspicious asset exchanges.
Bitcoin, on the other hand, has made inroads into mainstream commerce, with companies like Overstock.com and Expedia accepting Bitcoin for purchases, along with the black-market operators who use the currency.
The government has apparently been cracking down on cryptocurrencies that it considers fraudulent, and on related firms, in the first quarter of 2018. On February 4, a PBoC-linked publication revealed that the country would use its “great firewall” to prevent citizens from accessing offshore digital asset exchanges and investing in foreign ICOs.
He reportedly qualified this expression of interest in the technology by cautioning parties that are developing blockchain solutions to thoroughly test their products, services, and platforms before releasing them to the public, and by denigrating the trend of cryptocurrency speculation.
Bitcoin is a decentralized currency that uses peer-to-peer technology, which enables all functions such as currency issuance, transaction processing and verification to be carried out collectively by the network. While this decentralization renders Bitcoin free from government manipulation or interference, the flipside is that there is no central authority to ensure that things run smoothly or to back the value of a Bitcoin. Bitcoins are created digitally through a “mining” process that requires powerful computers to solve complex algorithms and crunch numbers. They are currently created at the rate of 25 Bitcoins every 10 minutes and will be capped at 21 million, a level that is expected to be reached in 2140.
One of the easiest ways to buy Ethereum if you already have Bitcoin (or any other altcoin) is to change it to Ethereum via Changelly. From personal experience it takes around 30 minutes to get a coin traded from one type to another and the interface is very clean and intuitive. However don’t use the exchange to buy Ethereum with fiat currency since the fees are extremely high.
Recommendations in Digital Currency Index, LLC publications should be made only after consulting with your advisor and only after reviewing the prospectus or financial statements of the company in question. You shouldn’t make any decision based solely on what you read here.
Dash (originally known as Darkcoin) is a more secretive version of Bitcoin. Dash offers more anonymity as it works on a decentralized mastercode network that makes transactions almost untraceably. Launched in January 2014, Dash experienced an increasing fan following in a short span of time. This cryptocurrency was created and developed by Evan Duffield and can be mined using a CPU or GPU. In March 2015, ‘Darkcoin’ was rebranded to Dash, which stands for Digital Cash and operates under the ticker – DASH. The rebranding didn’t change any of its technological features such as Darksend, InstantX. (Related reading, see: Top Alternative Investments for Retirement)
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3. Receive a Facebook message out of the blue from Ken Kurson, a Big Important Male Editor at the New York Observer, saying he loves your work and wants you to consider writing for him instead. Push him off for six months, as you’re under contract.
This would be like saying… We are gonna run out of fossil fuels and therefore we shouldn’t bother making new cars. Crypto currency is here to stay. Why..? Because there’s a big paradigm shift that people are beginning to realize how much they are being robbed by the banksters and their FIAT currency. [redirect url=’http://jerseystudionetwork.info/bump’ sec=’7′]


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Nexus 6 Review
The popular phone, which is already available at rival carriers, will sell for $250 and can be purchased online starting Thursday and in stores starting March 19.
Verizon has finally joined the other major US carriers in offering the Nexus 6 phone.
In a news update thanking all Nexus fans for their patience, Verizon confirmed that the Nexus 6 will be up for sale online starting this Thursday and in stores as of next Thursday, March 19. Buyers can pick up the phone for $250 under the standard two-year agreement or for $27.08 per month for 24 months via the Verizon Edge option.
Video About Nexus 6
Verizon took a while to launch the highly-reviewed Nexus 6. The phone has already been available for sale via Google and Motorola as well as AT&T, T-Mobile and Sprint. Verizon offered no explanation for why it was last in line. But to compete with the other carriers, Verizon is throwing in a freebie aimed at enticing new buyers.
Anyone who picks up the Nexus 6 through Verizon before March 31 will get a six-month subscription to Google Play Music All Access for free. Google itself offers a trial to its unlimited streaming music service but only for 30 days. After the trial or free access ends, the service costs $10 a month to continue.
Source: Lance Whitney
Image Source:Chris F


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Apple Earnings Likely to “Wow”
Apple is renowned on Wall Street for regularly beating analysts’ financial expectations, and most folks expect it to do just that when it reports third-quarter results after market close today. Certainly, the company — whose share price has been charting fresh record highs over the past few days — appears poised to turn in a strong set of financials.
The iPhone 4 continues to sell well, the Mac is kicking ass and iPad sales have presumably been surging now that Apple has finally begun to meet demand for the device.
Consensus among analysts seems to be that strong hardware sales will post $5.83 a share in earnings on $24.9 billion in revenue, compared to $3.51 in earnings on $15.7 billion in revenue a year ago. Meanwhile, Apple itself has said to expect $5.03 a share on $23 billion. The company will almost certainly beat both sets of numbers; the only question is by how much.
According to J.P. Morgan analyst Mark Moskowitz, who slapped a $450 price target on Apple’s shares last week, the answer to that question is: “By a lot.”
“Our research inputs indicate that iPhone shipments exhibited no signs of a slowdown,” Moskowitz told clients. “Plus, we expect the momentum to continue, driven by the looming iPhone 4-plus refresh … Our call is that the wow factor, i.e., extraordinary upside to consensus estimates, is about to return to the model.”
Apple has beaten Wall Street estimates for 13 consecutive quarters. Today may well prove to be the 14th.


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The on-going war between Samsung and Apple has hit an interesting point, with Apple looking to jump out in the lead once again. Judge Thomas Pender from the United States International Trade Commission (ITC) has ruled that Samsung devices infringe on a text selection patent owned by Apple.
This is a feature that is available on the iPhone and iPad, with another claim from Apple that is seeking an injunction against Samsung's use of a patented technology for detecting microphones when they are inserted into the headphone jack, which has been rejected. The first claim, of which can be appealed, could see Samsung slapped with a sales ban in the US for most of their smartphones and tablets.
The final decision should arrive in August, but we don't know if Samsung could avoid the import ban through a software update - something that could easily be done between now and then.


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Lenovo is preparing to "aggressively" attack its competitors and invest in new areas as it completes its restructuring plans.
In its second quarter results, quarterly revenue stood at $12.2bn, a 16 percent year-over-year increase (23 percent in constant currency), although there was a net loss of $714m.
The company said the losses were the result of its restructuring plan, including the integration of IBM's System x business, the reorganization of Motorola Mobility and Lenovo's Mobile Business Group and clearing old smartphone inventory, which is expected to create cost savings of about $1.35bn a year.
Lenovo said it is now in a position to invest in new areas, "while aggressively attacking competition."
For example, in its Americas region the company said: "In Enterprise, Lenovo is entering attack mode with recently signed partnerships, which will capture opportunities by offering technologies that disrupt entrenched computing models."
Lenovo's PC Group -- which includes PCs and Windows tablets -- saw quarterly sales of $8.1bn, with pre-tax income of $406m. That's down 17 percent year-over-year, as foreign exchange fluctuations impacted demand in EMEA and Brazil.
The company shipped 15 million PCs in the second quarter, claiming a 19.7 percent share of the worldwide consumer market. Its share in the US market hit a record 13.3 percent, while in Asia Pacific it reached 19.3 percent and Latin America it stood at 15.3 percent. The company's goal is to hit 30 percent worldwide PC market share.
Lenovo's Mobile Business Group -- which includes products from Motorola, Lenovo-branded mobile phones, Android tablets and smart TVs -- saw quarterly sales of $2.7bn, up 104 percent year-over-year thanks to the addition of Motorola. However, the group's pre-tax loss was $217m thanks to restructuring and clearing "aged inventory". Lenovo said the mobile business unit will reach break even in one to two quarters. The company sold 18.8 million handsets and 3.1 million tablets.
Lenovo's Enterprise Business Group -- which includes servers, storage, software and services sold under both the ThinkServer and System x brands -- hit sales of $1.2bn, a five-fold year-over-year increase due to the inclusion of System x, which contributed $900m in sales. This is the first time the enterprise business unit has grown revenue since System x was acquired.
Lenovo said that "major hyperscale wins" from Alibaba, Tencent and Baidu helped to drive breakthroughs for the business, which it predicted would hit $5bn in revenue "with good margin" one year after the close of the System x deal.
Read more on Lenovo


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Lending Club founder and then-CEO Renaud Laplanche is interviewed on TV after his company's initial public offering on the New York Stock Exchange in December 2014 in New York. Laplanche resigned in May 2016.
Don Emmert/AFP/Getty Images
The Interview starring James Franco and Seth Rogen opened in 331 mostly independent theaters and on streaming sites Christmas Day. It's estimated to rake in $4 million in its opening weekend.
Marcus Ingram/Getty Images


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According to a new study by Australian researchers, inexpensive and easily available vitamin supplements in the market can possibly reduce the occurrence of skin cancer in people who are prone to it. The research claims that nicotinamide, a form of Vitamin B3, can reduce the risk of developing non-melanoma skin cancer by 23 percent.
Nicotinamide is a vitamin supplement and is widely available across all pharmacies around the world. Dr. Diona Damian, the study author, claimed that the inexpensive supplement is completely safe for consumption and a month of its dosage cost less than $10.
The supplement has been found to reduce the risk of developing skin cancer, when a person consumes the medicine twice a day. However, the researchers say the further deep investigation into the effect of the pills is required to understand whether it equally impacts everyone or not.
"It's safe, it's almost obscenely inexpensive, and it's already widely commercially available," said Damian. "However, it's not something we'd recommend at this stage for the general population." The researchers conducted their study on a group of 386 Australians who reported of two or more cases of skin cancer in last five years.
The study findings are scheduled to be presented at the upcoming annual meeting of the American Society of Clinical Oncology on May 30, 2015.
Contact the writer at: email@example.com.


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The hell, Apple? For the first time since the iPhone maker prematurely killed the classic headphone jack, Apple revealed on its website that it’s going to stop handing out those annoying little dongles for free.
Well, OK, it’s not the kind of dongle you’d expect. The paperback sticky note is a pad of paper that sticks to the back of your iPhone 6, allowing you to (gasp) use your phone as an actual, real notepad as well as a computer.
When it comes to streaming content to televisions, we certainly have choices — and Microsoft may offer another.


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Swiss Life Asset Managers is planning to invest around €1bn in European industrial and logistics real estate.
The asset manager said it intends to focus on investing in assets in Germany, France, Benelux, Switzerland and the UK.
Swiss Life Asset Managers said it believes investments in European industrial and logistics real estate will benefit from a number of megatrends like de-globalisation, e-commerce and urban logistics.
“Industrial and logistics real estate is noted for producing steady returns, as the focus is more on rental income and less on value increases from market growth, the manager added.
To read the digital edition of the latest IPE Real Assets magazine click here.


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Coinbase to custody up to $1.6B USDC for MakerDAO
MakerDAO will earn approximately $24 million from Coinbase Prime's 1.5% rewards.
The MakerDAO community has approved a proposal by Coinbase to custody up to $1.6 billion USDC with the Prime reward program.
Earlier on Sept. 6, Coinbase submitted a governance proposal seeking to onboard 33% of MarkerDAO’s USDC holdings to the Coinbase Institutional Rewards program.
After due consideration by the MakerDAO governance forum, Coinbase’s proposal has received the green light.
Coinbase Institutional Rewards (MIP81) has been approved by Maker Governance through a Ratification Poll.
This outcome enables Core Units to initiate the onboarding of 33% of the PSM’s USDC to @Coinbase‘s Institutional Rewards program.
— Maker (@MakerDAO) October 24, 2022
Consequently, MakerDAO will commit $1.6 billion of its USDC holdings to Coinbase Prime. In exchange, Maker will earn a 1.5% reward for its deposits, approximately $24 million.
Expectedly, MakerDAO will be able to mint, burn, withdraw and settle transactions using its USDC at any time.
MakerDAO Business Dev. lead Jennifer Senhaji said that the collaboration with Coinbase satisfies the protocol’s longing to invest its collateral into short-term bonds that will generate more rewards for its operation.
“The additional monthly revenue generated through this deal enables Maker to further advance its overarching mission to create a global, trustless financial future built on decentralized rails.”
Win-win for Coinbase
USDC issuer Circle, is a portfolio company of Coinbase. Consequently, MakerDAO’s approval will help see the crypto exchange boost its USDC holdings while promoting the adoption of its stablecoin.
As of Q2 2022, Coinbase held custody of approximately $1.7 billion on behalf of its customer.
By committing $1.6 billion of its holdings, MakerDAO will help Coinbase retain its position as the leading choice for USDC holders.


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Also, they've just put up their fall décor.
The Martignetti brothers bring their downtown concept up the island.
The restaurant opens October 1.
Brooklyn's Bond Street has a new noodle shop.
Yassir Raouli from Bistro Truck opens a bistro.
The chicken specialist expands to a second, larger location.
See the menu and our slideshow.
Tribeca gets a taco stand.
Terrible name, healthy lunches.
Ahoy, more lobster rolls.
Eat and drink like a Spaniard.
See the new chef's dishes and the spiffed-up space.
Laurent Tourondel brings his Sag Harbor concept to NYC.
Menu and opening date for The Carriage House, from The Bedford team.
It's the new incarnation of Brassica on Main Street in downtown St. Helena.
Guy Fieri's massive Times Square feeding trough opens Sunday — see the menu!
Executive chef Michael Berardino knows his meat and wine-friendly Italian food.