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Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
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Apple's capital return program will get much larger, according to one Wall Street firm.
UBS reiterated its buy rating on Apple shares, saying the recently passed tax reform law will free up new funds for the company's shareholder return program.
"Apple clearly is a beneficiary of overseas cash repatriation," analyst Steven Milunovich wrote in a note to clients Monday. "Repatriation of ~$250bn of offshore cash should increase the rate of Apple's share buybacks since the company believes the stock remains attractive in that its services business is undervalued."
Milunovich reaffirmed his $190 price target for Apple shares, representing 9 percent upside to Friday's close.
He noted the company has been buying back about 5 percent of its shares in recent years. He estimates repatriation will unleash an incremental $25 billion and Apple's annual free cash flow will stay around $60 billion. As a result, Milunovich believes the company could buy back $122 billion worth of its shares through 2019.
"Supply chain noise and mixed demand data points create near-term uncertainty and debates continue regarding how Apple performs with a maturing iPhone business," Milunovich wrote. "The potential that Apple could buy 14% of the company at $90bn net cash and even more at lower levels of net cash should limit any potential stock downside, in our view."


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The Nifty and the Sensex opened the day on a optimistic notice, scaling a contemporary all-time excessive as Reliance shares bought a lift.
Be a part of us as we observe the highest enterprise information by way of the day.
A shot within the arm for markets
Sensex breaches 50k-mark, ends decrease on profit-booking
A risky day for shares.
PTI studies: “Fairness benchmark Sensex declined 167 factors to shut at 49,624.76 on Thursday, after hitting the historic 50,000-mark for the primary time in intra-day commerce.
Weighed by promoting in index heavyweights Infosys, HDFC twins and TCS, the 30-share BSE index ended 167.36 factors or 0.34 per cent decrease at 49,624.76.
Equally, the broader NSE Nifty slipped 54.35 factors or 0.37 per cent to shut at 14,590.35.
ONGC was the highest loser within the Sensex pack, shedding 4 per cent, adopted by Bharti Airtel, SBI, IndusInd Financial institution, NTPC, Solar Pharma and ITC.
Alternatively, Bajaj Finance, Bajaj Auto, Reliance, Bajaj Finserv and Asian Paints had been among the many gainers.
The rupee gained 6 paise to settle at a close to 5-month excessive of 72.99 in opposition to US greenback.
Elsewhere in Asia, bourses in Shanghai, Seoul and Tokyo ended within the optimistic zone, whereas Hong Kong closed within the pink.
Inventory exchanges in Europe had been buying and selling on a combined notice in early offers.
In the meantime, the worldwide oil benchmark Brent crude was buying and selling 0.89 per cent decrease at USD 55.58 per barrel.”
Cupboard approves closure of Scooters India: Sources
Authorities shuts store a loss-making PSU.
PTI studies: “The corporate that manufactured well-known scooters like Lambretta and Vijai Tremendous will likely be shut down after the Cupboard gave its nod to a proposal to shut the loss-making state-owned agency, sources stated.
The Cupboard Committee on Financial Affairs (CCEA) is believed to have given consent to shutting down of Lucknow-based Scooters India Ltd at its assembly on Wednesday, they stated.
The Scooters India model identify shall be offered individually as the corporate holds well-known manufacturers akin to Lambretta, Vijai Tremendous, Vikram and Lambro, shared an official. The corporate produces a number of varieties of three-wheelers below the Vikram model.
The federal government’s go-ahead to the closure proposal paves the best way for the Heavy Trade Ministry to start the method of winding up of the agency. As per the proposed plan offered to the Cupboard, Rs 65.12 crore required for closure of Scooters India Restricted is being sought as mortgage with curiosity from the Authorities of India, sources stated. The proposal additionally entails providing voluntary retirement scheme/voluntary separation scheme (VRS/VSS) to the common workers rendered as surplus, as soon as ample funds are obtainable. The Lucknow-headquartered agency has round 100 workers. The staff not choosing VRS/VSS will likely be retrenched as per the Industrial Disputes Act, 1947, stated the official who didn’t want to be recognized. Furthermore, 147.49 acres of the corporate’s land shall be returned to the Uttar Pradesh State Industrial Improvement Authority at mutually agreed upon charges. Nonetheless, this course of is anticipated to take time. The method of winding up of the corporate additionally includes delisting of its shares from the inventory trade below the Firms Act. The Centre has made a number of efforts up to now to seek out patrons for Scooters India and nurse the ailing agency again to well being, however they haven’t yielded outcomes.
In 2018, the federal government had invited expression of curiosity (EoI) to promote its complete stake with switch of administration management in loss-making Scooters India. Scooters India was integrated in 1972. It was engaged in designing, growing, manufacturing and advertising and marketing a broad spectrum of typical and non-conventional gasoline pushed three-wheelers.
In 1975, the corporate began industrial manufacturing of scooters below the Vijai Tremendous model for the home market and Lambretta for the abroad market. Later it additionally launched three wheelers below the model identify of VIKRAM/LAMBRO.
In 1975, it began industrial manufacturing of scooters below the model identify of Vijay Tremendous for home market and Lambretta for abroad market.
Nonetheless, in 1997, the corporate strategically discontinued its two-wheeler manufacturing and concentrated solely on manufacturing and advertising and marketing of three-wheelers.”
Amazon sues EU antitrust regulators for letting Italian case go forward
Amazon is suing EU antitrust regulators for permitting the Italian competitors watchdog to pursue its personal case in opposition to the U.S. on-line retail large over the best way it selects sellers, arguing that this ought to be wrapped into an EU investigation.
Amazon took its case to the Luxembourg-based Basic Courtroom, Europe’s second-highest, on Tuesday, asking it to annul the EU’s resolution to exclude Italy from the broader investigation, a courtroom submitting reveals.
The transfer got here two months after the European Fee opened an investigation into the standards the corporate makes use of to pick winners of its “purchase field”, which permits clients so as to add objects from a selected retailer immediately into their purchasing carts.
The probe can even look at whether or not the corporate offers preferential therapy to its personal retail affords and market sellers that use its logistics and supply providers.
BMW to convey 25 new merchandise in India this yr
BMW goes huge on India.
PTI studies: “German luxurious automotive group BMW plans to convey 25 new merchandise in India this yr because it seems to be to speed up gross sales development, forsaking the worst of the coronavirus pandemic.
The corporate, which on Thursday launched its BMW 3 Collection Gran Limousine priced between Rs 51.5 lakh and Rs 53.9 lakh (ex-showroom Delhi), expects development in India to be in double digits this yr on the again of an growing demand for private mobility and folks indulging in luxurious vehicles as worldwide travels and holidays are curbed attributable to COVID-19.
“So far as our enterprise is anxious, the worst of coronavirus is behind us. In 2020 we noticed enterprise shut…This yr we count on the complete 12 months to be operational as in comparison with round eight months final yr. Demand can also be choosing up,” BMW Group India President Vikram Pawah informed PTI.
Round November-December final yr, the corporate had been in a position to obtain its pre-COVID ranges, he added.
When requested concerning the firm’s development prospects this yr, Pawah stated,”We count on it to be actually robust, in double digits.” Pawah stated there are two components driving demand. One is the growing choice for private mobility within the aftermath of the pandemic attributable to well being and security issues and the opposite, within the luxurious section particularly, folks wish to bask in vehicles as they don’t seem to be going for worldwide holidays in unique places.
With a purpose to faucet the chance, Pawah stated,”BMW Group India will launch 25 new merchandise.” These will embrace eight all-new merchandise, good facelifts and eight variants.
The BMW Group sells luxurious vehicles and SUVs below the BMW and Mini manufacturers whereas it’s current within the bike section by way of BMW Motorrad in India.
“We’re additionally trying to create utterly new segments akin to we’re doing with the three Collection Gran Limousine,” he added.
The BMW 3 Collection Gran Limousine with its elongated design, enhanced area, luxurious consolation and dynamic efficiency has been tailor-made with an modern proposition that can entice younger, progressive Indians who need an ideal mixture of sporty efficiency and better practicality for household utilization on this section, Pawah stated.
The brand new BMW 3 Collection Gran Limousine is out there in a single diesel variant (BMW 320Ld Luxurious Line) priced at Rs 52.5 lakh and two petrol variants — BMW 330Li Luxurious Line tagged at Rs 51.5 lakh and BMW 330Li M Sport ‘First Version’ priced Rs 53.9 lakh.”
India inside putting distance of accomplishing optimistic development:RBI
Excellent news from the central financial institution.
PTI studies: “India’s GDP is inside the putting distance of accomplishing optimistic development, the Reserve Financial institution stated observing that the letter “V” within the V-shaped restoration stands for vaccine.
The Indian authorities launched the world’s greatest vaccination drive on January 16 to guard folks from COVID-19.
“What’s going to 2021 seem like? The form of the restoration will likely be V-shaped in any case and the ‘V’ stands for vaccine,” stated an article on the ‘state of economic system’ within the RBI’s January Bulletin.
India has launched the most important vaccination drive on the earth, backed by its comparative benefit of getting the biggest vaccine manufacturing capability on the earth and a wealthy expertise of mass inoculation drives in opposition to polio and measles.
“If profitable, it would tilt the stability of dangers upwards,” stated the authors who amongst others embrace RBI Deputy Governor Michael Debabrata Patra.
The RBI, nonetheless, stated the views expressed on this article are these of the authors and don’t essentially signify the views of the central financial institution.
E-commerce and digital applied sciences will probably be the brilliant spots in India’s restoration in a world by which there will likely be rebounds for positive, however pre-pandemic ranges of output and employment are a good distance off, they stated.
The article additional stated: “Latest shifts within the macroeconomic panorama have brightened the outlook, with GDP in putting distance of accomplishing optimistic territory and inflation easing nearer to the goal.” India’s GDP is estimated to contract by a report 7.7 per cent throughout 2020-21 because the COVID-19 pandemic severely hit the important thing manufacturing and providers segments, as per authorities projections launched earlier this month.
The economic system contracted by a large 23.9 per cent within the first quarter and seven.5 per cent within the second quarter on account of the COVID-19 pandemic.
The article additional stated that within the first half of 2021-22, GDP development will profit from statistical help and is more likely to be largely consumption-driven.
With rabi sowing surpassing the traditional acreage manner earlier than the top of the season, bumper agriculture manufacturing is anticipated in 2021.
“India being the worldwide capital for vaccine manufacturing, prescribed drugs exports are anticipated to obtain a giant impetus with the beginning of vaccination drives globally. Agricultural exports stay resilient and below the latest manufacturing linked (PLI) scheme, meals processing trade has been accorded precedence,” it stated.
Harnessing the synergies by remodeling low-value semi-processed agri merchandise by way of meals processing wouldn’t solely enhance productiveness but additionally increase India’s competitiveness, it added.
The article notes that slippage ratios have been falling and mortgage recoveries are enhancing whilst provisioning protection ratios have risen above 70 per cent. Capital infusion and modern methods of coping with mortgage delinquencies will occupy coverage consideration so as to be sure that finance greases the wheels of development on a sturdy foundation earlier than the demographic dividend slips away.
“It should take years for the economic system to fix and heal, however modern approaches can convert the pandemic into alternatives. Will the Union Funds 2021-22 be the game-changer?,” it stated.
Finance Minister Nirmala Sitharaman is scheduled to current the Union Funds in Lok Sabha on February 1.”
Google asks U.S. decide to maneuver states’ antitrust lawsuit to California
Alphabet Inc’s Google has requested a U.S. decide in Texas to switch an antitrust lawsuit filed by 10 states in December to a courtroom in California, a state that has extra related witnesses and paperwork wanted by the corporate, it stated.
In December, Texas and 9 different states sued Google LLC in a U.S. courtroom in Sherman, Texas, accusing the search engine firm of working with Fb Inc in a manner that violated antitrust legislation to spice up its already-dominant internet marketing enterprise.
Google stated in a courtroom submitting that the primary case alleging it monopolised on-line show promoting was filed in Might by an advertiser, and that since then 5 different circumstances have been filed.
All had been filed within the Northern District of California, “the venue the place Google is headquartered and the place extra related witnesses and paperwork are situated than in every other district within the nation,” Google stated in its request to maneuver the case, which was filed late on Tuesday.
Future Retail, Future Enterprises hit higher circuit after Sebi clears take care of RIL
Future shares hit the roof amid regulatory approval.
PTI studies: “Shares of Future Retail and Future Enterprises rose practically 5 per cent and hit higher circuit limits after Sebi cleared Future Group’s proposed multi-billion greenback take care of Reliance Industries Ltd.
On the BSE, Future Retail Ltd’s shares hit the higher circuit of Rs 81.35, rising 4.97 per cent over the earlier shut.
Future Enterprises Ltd’s inventory gained 4.98 per cent to the touch the higher circuit restrict of Rs 12.01.
In the meantime, Reliance Industries Ltd (RIL) was buying and selling at Rs 2,114.8 throughout the late morning commerce, rising 2.91 per cent.
On Wednesday, Sebi gave a go-ahead to Future Group’s scheme of association and sale of belongings to Reliance Industries.
Primarily based of this, the BSE additionally granted its “no opposed commentary” report back to the Rs 24,713-crore deal.
Amazon had written a number of letters to the SEBI and different regulatory businesses to droop their assessment of the deal and never grant it a no objection certification on floor that its problem to the settlement was earlier than the Delhi Excessive Courtroom.
“It’s noticed that there are specific ongoing litigations/arbitration/authorized proceedings in opposition to the draft scheme,” the Sebi stated.
“In view of the identical, the corporate is suggested that these feedback of SEBI on the draft scheme of association are topic to the result of any of the continuing litigations/arbitration/authorized continuing involving the draft scheme and/or the choice by any competent authority/competent courtroom on this regard,” it stated.”
Havells India’s shares zoom over 12% on robust quarterly earnings
At the moment’s huge mover amongst shares.
PTI studies: “Shares of Havells India Ltd on Thursday soared over 12 per cent throughout the late morning commerce after the corporate posted a 74.52 per cent bounce in its consolidated web revenue at Rs 350.14 crore for the third quarter ended on December 2020.
On the BSE, the scrip was buying and selling at its 52-week excessive of Rs 1,144.1, up 12.18 per cent.
On the NSE, the inventory jumped to its 52-week excessive of Rs 1,144, gaining 12.14 per cent.
The buyer electrical items maker had posted a consolidated web revenue of Rs 200.62 crore within the October-December quarter a yr in the past, Havells stated in a regulatory submitting on Wednesday.
Its income from operations was up 39.67 per cent at Rs 3,175.20 crore throughout the interval below assessment as in opposition to Rs 2,273.29 crore within the corresponding interval final fiscal, the corporate stated.”
Rising market NPAs to proceed rising: S&P
The COVID-19 pandemic and its aftermath will proceed to dominate the credit score story for rising markets (EMs), together with India in 2021, S&P International Rankings stated in a report.
It stated financial institution techniques in its pattern EMs had been uncovered to main sources of danger together with that of probably deterioration in asset high quality.
“We count on non-performing loans to proceed growing and price of danger to stabilise at excessive ranges as central banks begin to take away regulatory forbearance measures in among the markets the place such measures had been carried out and banks begin recognising the complete extent of asset high quality deterioration.” It stated total the COVID-19-related financial shock could be a profitability occasion with these EM banking techniques nonetheless exhibiting optimistic web leads to 2020-2021. However just a few banks will report losses attributable to their larger publicity to the toughest hit sectors.
Junk bond yields hit new low
Rupee positive aspects 7 paise to commerce close to 5-month excessive of 72.98 vs USD
The greenback’s weak efficiency continues this morning.
PTI studies: “Advancing its positive aspects for the third straight session, the rupee scaled a close to five-month excessive of 72.98 in opposition to the US greenback on Thursday according to the buoyant fairness market and sustained international fund inflows.
On the interbank foreign exchange market, the rupee was 7 paise larger to commerce at a degree not seen since September 1, 2020.
On Wednesday, the rupee had settled at 73.05 in opposition to the American forex.
In the meantime, the greenback index, which gauges the buck’s energy in opposition to a basket of six currencies, slipped 0.18 per cent to 90.31.
On the home fairness market entrance, the BSE Sensex was buying and selling 277.80 factors or 0.56 per cent larger at 50,069.92; and the NSE Nifty was up 84.35 factors or 0.58 per cent at 14,729.05.
International institutional traders remained web patrons within the capital market as they bought shares value Rs 2,289.05 crore on Wednesday, in accordance with trade information.
Brent crude futures, the worldwide oil benchmark, rose 0.36 per cent to USD 55.89 per barrel.”
‘Weak reform push, monetary sector woes might damp development’
Fitch Rankings on Wednesday stated India’s medium-term development potential is at about 6.5% however weak implementation of reforms, mixed with continued monetary sector issues, may decrease its potential.
It stated the revival of the reform agenda is among the many Indian authorities’s coverage responses to the COVID-19 pandemic shock.
“If carried out successfully, we imagine these reforms might assist to help India’s medium-term development and partially offset draw back pressures to funding from renewed asset-quality challenges within the monetary sector and broken company stability sheets,” the scores company stated.
“We count on India’s central authorities to stay typically reform-minded over the following few years, and potential areas for additional reform appear plentiful, in our view. Nonetheless, the method of reform in India stays advanced, and implementation at occasions has confirmed tough,” Fitch stated.
Sensex scales 50,000; Reliance positive aspects on nod for Future deal
A brand new milestone for Indian shares.
Reuters studies: “Indian shares rose to a report excessive on Thursday, with the benchmark index scaling the 50,000 degree for the primary time, boosted by heavyweight Reliance Industries after the nation’s inventory exchanges permitted its take care of Future Group.
The blue-chip NSE Nifty 50 index rose 0.44% to 14,708 and the benchmark S&P BSE Sensex was up 0.45% at 50,014.55 by 0346 GMT.
Investor sentiment was additionally boosted with world fairness benchmarks hitting report highs on Wednesday on expectations of additional U.S. stimulus from newly inaugurated U.S. President Joe Biden’s administration.
Reliance shares rose 1.7% after Indian inventory exchanges on Wednesday gave the go-ahead for Future Group’s $3.4 billion deal to promote its retail belongings, taking it a step nearer in direction of closing a deal that has soured ties with its enterprise accomplice Amazon.com Inc.”
FedEx Specific unveils plan to put off as much as 6,300 workers in Europe
FedEx Corp’s specific unit on Tuesday introduced a plan to put off between 5,500 and 6,300 workers in Europe, because it nears the completion of the community integration of its TNT Specific unit.
Shares of the package deal supply agency had been up about 1% at $254.76 in morning commerce.
FedEx acquired European operator TNT Specific, which specialises in shipments between companies, in 2016 as a part of its plan to broaden in Europe.
The duplication from two European networks connecting related geographies will end in job cuts throughout operational groups and back-office capabilities, the corporate stated.
Weak cargo gross sales in Europe over the previous few years havel ed to sluggish development within the TNT unit and weighed on FedEx’s outcomes.

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If you’ve yet to purchase and play Metroid Dread — which has received outstanding reviews so far — then you’re in for a surprise treat: Nintendo has just released a free-to-play demo of the new game in celebration of Halloween so you can try it out for yourself before you decide whether to buy the full version.
“This Halloween, suit up as Samus Aran and see what goes bump in the night on planet ZDR with a fun-sized bite of the Metroid Dread game,” says Nintendo. “Experience the eerie isolation of a remote alien world, face a relentless mechanical menace, and power your way through a section of what Shacknews calls ‘a sci-fi blast of brilliance that fans and newcomers alike will more than likely enjoy.’”
For fans of the franchise, you can now download the free demo for Metroid Dread over on Nintendo’s website. The full game is also available for $60 USD over on the company’s eShop.
Elsewhere in gaming, Among Us is introducing a new Shapeshifter in its latest update.
Source: Read Full Article


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Cost of Internet in India is very high at present. Reliance changed the rules of the game by launching JIO, which made a hustle in telecom industry. Many telecom operators lost their customers due to different offers made by JIO company. But this 3 year old startup from Bengaluru wants to beat JIO at its own game. The company named WiFi Dabbas or routers was founded by Shubhendu Sharma and Karam Lakshman.
For those unaware, WiFi dabbas or routers is an affordable wireless Internet network that’s now available in most of the parts in Bengaluru.What makes WiFi dabba interesting is, you need to pay just Rs 2 to go online and use it all over the city. “ To get more and more people online, the price point is super cheap,” says Cofounder Shubhendu Sharma. The founders got an idea from a case study which was done in the 1990’s about sachet pricing. What they found was 100ml Shampoo bottles were not selling, so they made small Rupee 1 sachet and this resulted to the products sold in high demand. The same strategy these two young minds applied to grow their startup.
“ Once the customers start using it they would also introduce bigger packs, but this pricing will remain same,” said founders.
To access WiFi Dabba you just need to have a cell phone that supports WiFi, walk up to the store, handover a 2 rupee coin and get a token to take you online for the next 24 hours. You can easily connect the hotspot around the city until your pack runs out. The company also provides the users with the option of choosing the data plans on its website. The basic plans which one can easily afford are 100MB for Rs 2; 500 MB for Rs 10 and 1GB for 20 Rs with a uniform validity of 24 hrs as compared to JIO provides 1.5 GB at Rs 52 for prepaid customers.
How does WiFi Dabba work?
The company has WiFi Dabbas in more than 400 locations of Bengaluru. The “Dabbas” are generally distributed to the local shops such as bakeries
“We are broadcasting a WiFi signal, and you can buy the token from any shop. Then connect to the open SSID and enter your mobile number- this is one time requirement to establish one’s identity. Then just enter the 8 digit code on the token which you bought from the store and you are online,” explains cofounder Shubhendu Sharma.
Along the way, the company has became a virtual cyber cafe- it has licenses from local ISPs, to run fibre lines to the shops where the WiFi Dabba is set up.
The company has already set up more than 350 routers across the city Bengaluru and Mr. Sharma claims the start up has over 1500 connections pending.
Instead of installing big towers like big telecom companies do,company is going to put lakhs of these small WiFi dabbas across the whole Bangalore city. “There are 20-30 activations per day,” says Mr Shubhendu Sharma. They are already doing pilots in Tier-III across 100 locations in Maharashtra, UP and Karnataka. The company has been funded by Y Combinator and some other investors.
“The idea to build hardware will plan the future of IOT tech providers who can make use of our network.This would be revenue stream for us”
So,when most of the people were busy in knowing different offers and switching on to new sim at the time JIO arrived these two thinkers brought up with such a unique idea.
“ Just Build Up a Door if Opportunity doesn’t knock”


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Nvidia, the leading chipmaker, saw its shares surge by 6% in after-hours trading on Wednesday following its impressive fiscal second-quarter results. The company not only surpassed earnings estimates but also provided an optimistic outlook for the current period. Here is a closer look at Nvidia’s performance in the quarter ending July 30:
Impressive Financial Results
Nvidia reported earnings of $2.70 per share, adjusted, which exceeded the Refinitiv estimate of $2.09 per share. The company’s revenue also stood out, reaching $13.51 billion compared to the expected $11.22 billion. These figures highlight Nvidia’s ability to outperform market expectations and solidify its dominant position in the chipmaking industry.
In addition to its strong financial results, Nvidia’s guidance for the fiscal third quarter is equally promising. The company anticipates revenue of approximately $16 billion, significantly higher than the Refinitiv forecast of $12.61 billion. This guidance suggests a remarkable 170% growth in sales compared to the same period last year, reflecting Nvidia’s continuous upward trajectory.
Nvidia’s remarkable sales performance and positive outlook are largely driven by the growing demand for its graphics processing units (GPUs) in the generative AI industry. The company’s A100 and H100 AI chips play a crucial role in building and running AI applications such as OpenAI’s ChatGPT. These applications enable users to receive conversational answers or images in response to simple text queries. Nvidia’s GPUs have become indispensable tools in the generative AI boom, further solidifying the company’s market position.
Nvidia’s revenue in the second quarter doubled compared to the same period last year, reaching an impressive $6.7 billion. Furthermore, the company experienced an 88% increase from the prior quarter, demonstrating its sustained growth and market dominance. The strong financial performance not only showcases the demand for Nvidia’s products but also signifies the expanding transition to accelerated computing and generative AI within the trillion-dollar data center industry.
Amid the proposed Biden administration export restrictions on chips, Nvidia’s finance chief, Colette Kress, reassured analysts during the earnings call that the company would not be immediately affected. She stated that due to the strong global demand for their products, they do not anticipate any immediate material impact to their financial results. This declaration further reinforces Nvidia’s confidence in its ability to navigate potential challenges and sustain its growth momentum.
Even prior to the release of its quarterly results, Nvidia’s stock price had already tripled for the year, solidifying its position as the top performer in the S&P 500. In after-hours trading, the stock price surged to approximately $500, potentially marking a new record if it maintains this level at the close of trading on Thursday. This remarkable performance not only reflects investor confidence in Nvidia but also underscores the market’s recognition of the company’s strong fundamentals.
Nvidia’s data center business, which includes AI chips, played a significant role in driving its outstanding performance. With cloud service providers and leading consumer internet companies, such as Alphabet, Amazon, and Meta, increasingly adopting next-generation processors, Nvidia witnessed a remarkable revenue increase of 171% year over year in this segment. The data center business reported $10.32 billion in revenue, surpassing the StreetAccount estimate of $8.03 billion.
On the other hand, the gaming division, once considered Nvidia’s core business, also experienced solid growth, with revenue increasing by 22% compared to the previous year, reaching $2.49 billion. This figure exceeded the average estimate of $2.38 billion, indicating sustained market demand and strong performance in this segment as well.
Nvidia’s high-end graphics application chips saw a 24% decline year over year, generating $379 million in revenue. Despite the decline, this segment remains an essential part of Nvidia’s business. Additionally, the company’s automotive revenue increased by 15% from a year earlier, reaching $253 million. These figures suggest that Nvidia continues to diversify its product offerings and capitalize on new market opportunities.
Recognizing its financial strength and positive outlook, Nvidia’s board of directors authorized $25 billion in share buybacks following the $3.28 billion worth of shares repurchased during the quarter. This decision reflects the company’s commitment to enhancing shareholder value and signifies its confidence in sustained growth.
Nvidia’s impressive performance in the second quarter, coupled with its positive guidance, highlights the company’s strong market position, driven by its GPUs’ central role in the generative AI boom. The strong financial results, record-breaking stock performance, and diverse business segments demonstrate Nvidia’s ability to adapt to market demands and capitalize on new opportunities. As it continues to navigate potential challenges such as proposed export restrictions, Nvidia remains well-positioned for future growth and expansion in the chipmaking industry.


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Cybercrime is increasing day-by-day and has become a multi-billion industry. Cyber attacks coming in various forms and are designed to not only target technological weaknesses but also exploit people. So it’s essential to take steps and beware, take preventive steps to stay secure in the digital world.
This week’s Guest post comes from our friends at Chris Jones @ TurnOnVPN The Fintech industry is growing across the globe with many startups embracing it. Since 2015,numerous national fintech organizations have been advocating for activities for industry actors.They have managed to succeed in this by
We are all guilty of using public WiFi. Be it at our favorite coffee shop or a free hotspot we stumble upon while traveling. We see free WiFi, and we think “Jackpot!” instead of considering the potential security threats. But ignoring these threats doesn’t make
Google has begun rolling out passwordless website and app access based on FIDO2 standards, W3C WebAuthn and FIDO CTAP.In this post,we checkout what is FIDO & how it enables passwordless website and app access. FIDO2 (Fast Identity Online Alliance) allows the same credentials be used by both native
Recently researchers from Check Point discovered a new variant of mobile malware that infected around 25 million devices. In early 2019, the Check Point Research team observed a surge of Android malware attack attempts against users in India which had strong characteristics of Janus vulnerability


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WASHINGTON - The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Chair Jerome Powell told a Senate panel Tuesday.
"The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated," Powell testified to the Senate Banking Committee. "If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes."
Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting March 21-22, after having carried out a quarter-point hike in early February. The Fed previously raised its benchmark rate by a half-point in December and imposed four three-quarter-point hikes before that. Over the past year, the central bank has raised its key rate, which affects many consumer and business loans, eight times.
The Fed chair's warning of potentially more aggressive hikes led some economists to pencil in higher rates for later this year than they had previously estimated. It also darkened the mood on Wall Street, where stock prices fell sharply in the hours after Powell began speaking. In mid-day trading, the broad S&P 500 index was down a sizable 1.2%.
The prospect of increasingly high borrowing costs tends to generate concern among economists and investors. Rising rates can not only cool consumer and business spending, weaken growth and slow inflation; they can also send the economy sliding into a recession.
The Fed had been expected to announce another quarter-point rate increase at its next meeting later this month. But traders and some analysts now see it as more likely that the Fed will implement a half-point hike.
"The presumption that’s been established is that they will hike (a half-point) in March, unless they are convinced otherwise," said Derek Tang, an economist at LHMeyer, an economic consulting firm.
At their forthcoming meeting, Fed officials will also issue updated forecasts for how high they expect their benchmark rate to ultimately reach.
During Tuesday's hearing, Democratic senators stressed their belief that today's high inflation is due mainly to the combination of continued supply chain disruptions, Russia's invasion of Ukraine and higher corporate profit margins. Several argued that further rate hikes would throw millions of Americans out of work.
Sen. Elizabeth Warren, Democrat of Massachusetts, noted that Fed officials have projected that the unemployment rate will reach 4.6% by the end of this year, from 3.4% now. Historically, when the jobless rate has risen by at least 1 percentage point, a recession has followed, she noted.
"If you could speak directly to the 2 million hardworking people who have decent jobs today, who you’re planning to get fired over the next year, what would you say to them?" Warren asked.
"We actually don’t think that we need to see a sharp or enormous increase in unemployment to get inflation under control," Powell responded. "We're not targeting any of that."
By contrast, the committee's Republicans mainly blamed President Joe Biden's policies for high inflation and argued that if government spending were cut, inflation would slow.
"If Congress reduced the rate of growth in its spending, and reduced the rate of growth in its debt accumulation, it would make your job easier in reducing inflation?" Sen. John Kennedy, Republican of Louisiana, asked.
"I don’t think fiscal policy right now is a big factor driving inflation," Powell responded. But he also acknowledged that if Congress reduced the deficit, that "could" help slow price increases.
Powell walked back some of the optimistic comments about declining inflation he had made after the Fed's Feb. 1 meeting, when he noted that "the disinflationary process has started" and he referred to "disinflation" — a broad and steady slowdown in inflation — multiple times. At that time, year-over-year consumer price growth had slowed for six straight months.
But after that meeting, the latest reading of the Fed's preferred inflation measure showed that consumer prices rose from December to January by the most in seven months. And reports on hiring, consumer spending and the broader economy have also indicated that growth remains healthy.
Such economic figures, Powell said Tuesday, "have partly reversed the softening trends that we had seen in the data just a month ago."
The Fed chair also said that inflation "has been moderating in recent months" but added that "the process of getting inflation back down to 2 percent has a long way to go and is likely to be bumpy." Inflation, as measured year over year, has slowed from its peak in June of 9.1% to 6.4%.
FILE - Federal Reserve Board Chairman Jerome Powell speaks during an interview by David Rubenstein, Chairman of the Economic Club of Washington, D.C., at the Renaissance Hotel on Feb. 7, 2023 in Washington, D.C. (Photo by Julia Nikhinson/Getty Images
Several Fed officials said last week that they would favor raising the Fed's key rate above the 5.1% level they had projected in December if growth and inflation stay elevated.
Powell noted that so far, most of the slowdown in inflation reflects an unraveling of supply chains that have allowed more furniture, clothes, semiconductors and other physical goods to reach U.S. shores. By contrast, inflation pressures remain entrenched in numerous areas of the economy's vast service sector.
Rental and housing costs, for example, remain a significant driver of inflation. At the same time, the cost of a new apartment lease is growing much more slowly, a trend that should reduce housing inflation by mid-year, Powell has said.
But the prices of many services — from dining out to hotel rooms to haircuts — are still rising rapidly, with little sign that the Fed's rate hikes are having an effect. Fed officials say the costs of those services mainly reflect rising wages and salaries, which companies often pass on to their customers in the form of higher prices.
As a result, the Fed's monetary policy report to Congress, which it publishes in conjunction with the chair's testimony, said that quelling inflation will likely require "softer labor market conditions" — a euphemism for fewer job openings and more layoffs.
Senators from both parties also asked Powell about the Fed's view on cryptocurrencies and what steps it has taken as a financial regulator on digital assets.
"What we see is, you know, quite a lot of turmoil," Powell said. "We see fraud, we see a lack of transparency, we see run risk, lots and lots of things like that."
As a result, Powell said, the Fed is encouraging the banks it oversees to take "great care in the ways that they engage with the whole crypto space."
At the same time, he said, "We have to be open to the idea that somewhere in there, there’s technology that can be featured in productive innovation that makes people’s lives better."


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April 22, 2023 marks the anniversary of the suspension of Polonez production at the Daewoo-FSO factory in Warsaw, which effectively meant the end of production of this iconic car.
A symbol of the Polish automotive industry
The Polonez was one of the most recognizable symbols of the Polish automotive industry, produced for over 20 years in various versions and models. Although the car was often criticized for its quality and appearance, it was one of the most popular cars in Poland and enjoyed a great reputation abroad.
However, with the advancing globalization and competition in the automotive market, the production of the Polonez became less and less profitable. In 2002, the Daewoo-FSO factory announced the suspension of production, which meant the end of this iconic car.
Today, almost 20 years after the end of production, the Polonez still remains a symbol of the Polish automotive industry and is still loved by many fans. Nevertheless, the production of the Polonez will never return, and its place in the market has been replaced by new models and brands.
The anniversary of the suspension of Polonez production is worth commemorating to remember the history of the Polish automotive industry and reflect on the future of the industry. Although the Polonez no longer drives on Polish roads, its legacy still remains and continues to influence the development of automotive industry in Poland and around the world.


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Posted By: wraggster
Nintendo of America has confirmed plans to offer more free download content to Fire Emblem Awakening owners "all the way through spring".
Nintendo will continue to push free content to users via the system's always-on SpotPass feature. The first of this content arrived for US players today; a new map called 'A Hard Miracle' apparently "follows the story of Fire Emblem Awakening main character Chrom as he encounters a mysterious woman and sets off on a journey with her to rescue a group of kidnapped villagers".On March 28, Nintendo will release 'Ghost of Blade', "a haunted tale about a ghost and the ultimate sacrifice", followed by 'The Wellspring of Trust' on April 11 which will add "a map full of challenging enemies".'The Radiant Hero' will release on April 25, which is set "on an isolated island as Chrom and his allies search for a legendary hero".Nintendo says it will also offer additional free content in the form of "special weapons, additional playable characters and bonus challengers for the game's Double Duel multiplayer mode" in the coming weeks.


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SALISBURY, NC (WBTV) - Police say a China Grove couple was charged after a loss prevention officer caught them switching the price tags of lower-priced items with those of higher-priced items at Walmart.
Meredith Kristen Simmons, 27, of the 100 block of Chasity Lane, was charged with felony larceny, Austin Honeycutt, also of the same address, was charged with felony larceny of stolen goods, misdemeanor second-degree trespassing and misdemeanor possession of a Schedule IV controlled substance.
The loss prevention officer at Walmart spotted the two switching the tags and stopped them as they went to the register to ring up the items, a police report said.
The two bought toys worth $187, $26 worth of personal accessories, and a $14 belt, according to the report.
Two young children were with Simmons and Honeycutt in the store at the time.
Simmons has been released from the Rowan County Detention Center under a $1,000 secured bond. Honeycutt was jailed under a $10,000 bond.
Simmons has a number of previous convictions including felony breaking and entering, felony drug possession, and maintaining a dwelling for controlled substances.


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US apparel company VF is buying fashion brand Supreme for an undisclosed sum, it announced Monday.
Supreme’s current investors, The Carlyle Group and Goode Partners, are selling their stakes, VF said.
New York City-based Supreme has worked with VF in the past, and has collaborated with VF-owned brands Vans, The North Face, and Timberland.
The companies expect the deal to be completed in late 2020. VF expects Supreme to contribute at least $500 million of revenue in the 2022 fiscal year, it said.
Supreme and VF already have similar customer bases, VF said in a press release.
The deal also means that streetwear brand Supreme can access VF’s global supply chain, international platforms, digital functions, and consumer knowledge, it said.
The statement didn’t say how much the deal is worth.
Despite the acquisition, Supreme will continue to collaborate with brands outside of the VF portfolio, VF said.
“VF is the ideal steward to honor the authentic heritage of this cultural lifestyle brand while providing the opportunity to leverage our scale and expertise to enable sustainable long-term growth,” VF’s CEO Steve Rendle said.
Supreme was founded in 1994 to target the skateboarding and hip-hop youth cultures, and has since become known globally for its distinctive bright red logo.
The brand sells clothes, accessories, footwear, and skateboards.
The company owns 11 stores, including in Asia and Europe, but also sells through other retailers and via its own online store.


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Samsung Is Using Virtual Reality to Make Live Theater Possible for Deaf People
App for Samsung Gear Adds Subtitles in Real Time
May 19, 2017
Samsung is working with hearing-impaired people in Brazil to help them enjoy live theater for the first time using virtual reality.
Going to the theater is still virtually impossible for deaf people because of the lack of subtitles and interpreters. So agency Leo Burnett Tailor Made has created a special app for Samsung Gear that captures the words spoken and immediately translates them into subtitles.
The first performance to use the goggles took place in Paulo Eiro Theater in Sao Paulo in April, and, although the app is still in beta, it's also being used at two further theaters in Brazil.


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Smaller power retailers uneasy about plan
AUSTIN — A Houston company helping develop a solar-powered community in Spring is one of several small electric companies that fear being driven out of the market by new financial requirements under consideration by the Public Utility Commission.
The change would increase the amount of cash a company must have available from $100,000 to at least $1 million and as much as $3 million, with the highest amount required for new market entrants.
Consumer advocates are pushing for the change as protection against retail company failures, as occurred earlier this year and in 2005. When companies fail, their customers often have to switch at least temporarily to designated “providers of last resort” that charge higher rates.
En-Touch Energy, which was certified last year by the PUC to deliver electricity, provides power to the community education center at Discovery at Spring Trails, a development of energy-efficient homes.
It wants to attract new customers with services that include solar systems and products to enable customers to control lighting, heating and air conditioning, major appliances and pool pumps for optimum efficiency.
But the proposed requirement that En-Touch maintain $3 million in liquid capital comes at a time when financial markets are in crisis and large established companies are challenged to maintain credit lines, company vice president Brenda Gerstemeier said in a Dec. 8 filing at the PUC.
“The commission’s rule would unnecessarily increase the cost of doing business,” she said. “This cost would either be passed on to customers, or could have the effect of driving En-Touch out of the retail electric provider market.”
The rule has been published in the Texas Register and commissioners are expected to consider it early next year.
It is part of the commission’s response to disruptions caused last spring when five small electric providers failed. The retailers were unable to afford to buy wholesale power after prices spiked due to unusually high temperatures, transmission congestion and a rise in the price of natural gas — a key generation fuel that drives Texas electric rates.
About 38,000 residential customers were shifted to high-priced plans set up to serve customers who can’t find service elsewhere; some lost their deposits or money they had prepaid for power.
The commission also is considering rules that would require companies to provide greater financial disclosure and additional protections for customers who are involuntarily switched to the provider of last resort.
Consumer advocates support the strengthened financial requirements, the first since 2002 when electric competition began in Houston, Dallas and other parts of Texas.
“When this market first opened (the PUC) set these standards very low so that the new market entrants would have the advantage,” said consumer advocate Carol Biedrzycki. “They did that at the expense of the consumer, and we’ve seen what that expense has been.”
Critics, including a number of small companies like En-Touch, say the new capital requirement could increase domination of the market by big players like Dallas-based TXU Energy and Houston-based Reliant Energy, which still serve a majority of residential customers in their home regions.
Other businesses hurt
But it’s not only residential and commercial customers who lose money when a company defaults. Transmission-line companies that deliver power to the retailers are stuck with unpaid bills and incur costs for switching large numbers of customers. Additionally, the state’s power grid operator charges other retail electric companies for power that may have been supplied, but not paid for, by the defaulting firms.
When six companies defaulted in 2005, it resulted in approximately $7 million in losses to other electric retailers and transmission utilities. The 2008 defaults cost an estimated $4.4 million, the PUC said.
It’s no surprise that TXU, as well as CenterPoint Energy, the Houston-area transmission company, have expressed support for the higher financial requirements.
TXU even said in a filing that the $3 million of liquid cash resources “might be too low a hurdle.”
While state lawmakers have urged the PUC to do more to protect consumers from provider defaults, utility regulators are worried about enacting requirements that may result in fewer companies competing.
“I am also concerned that if we pass rules that drive existing companies out of business, we will be sending a signal that competition is not working,” Commissioner Donna Nelson wrote in an Oct. 22 memo to her two fellow commissioners.
Commissioner Kenneth Anderson, in a separate memo, said the finance requirements may not be necessary if the PUC adopts rules offering “reasonable price protection” and swift deposit refunds for customers who lose service.
He said one of those startup companies could end up being the electric market’s version of Southwest Airlines, which soared from a low-fare, bare-bones startup in the early 1970s to become one of the nation’s most successful airlines.
“I’m not sure we can ever create a market design that prevents anybody from going out of business,” Smitherman told lawmakers.
The PUC has issued certificates to about 130 retail electric providers. About 30 are considered small or micro businesses, and only 15 of those are serving customers.
Those 15 represent about $25 million in combined annual revenues, and less than 1 percent of the power that traverses the state’s grid.
Affected companies would have six months to raise the required capital under the new rule.
A tough time to do it
But that might not be enough time in the recessionary economy, said Robbie Wright, CEO of a new market entrant, Bounce Energy.
“You end up giving away a chunk of your company. At that point, you’re raising money under duress,” said Wright. “In a market like this, it’s going to be pretty tough for a lot of guys to swing that.”
In early November Bounce began signing up customers, who now number in the “low thousands,” Wright said. The company wants to attract more business by offering incentives, including free electricity after two years of service, magazine subscriptions and free airline tickets.


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February 2, 2007
Jefferson City, Mo. — Attorney General Jay Nixon is kicking off National Consumer Protection Week (Feb. 4-10) by offering several new online tools and resources for Missouri consumers. Nixon's Web site will feature the Consumer Corner, a comprehensive reference consumers can use when making buying decisions, checking out a business offer or trying to spot a scam.
Consumer Corner features a searchable encyclopedia of consumer topics, with samples scams in many cases. For example, a search for “cashier's check” will display a definition, potential pitfalls and samples of bogus checks. Consumers will also find calculators to help with everything from retirement planning to paying off debt to understanding the risks involved with a payday loan. Two quizzes will allow consumers to test their knowledge about fraud and identity theft.
“Consumers more and more are turning to the Internet to educate and protect themselves,” Nixon said. “While our office has great success recovering money for consumers who've been defrauded, the best weapon in the fight against fraud is education. With these online tools, Missourians can be better prepared to make good financial decisions, avoid rip-offs and protect their identity.”
Nixon's office in 2006 took more than 90,000 consumer complaints and inquiries. Many of the inquiries were from consumers asking for information about scams, solicitations and other offers. The Consumer Corner site will offer answers to many of those questions.
Nixon also announced a new publication from his office called Know Your Rights - A Missouri Consumer Guide. The 35-page color brochure covers a variety of consumer topics from identity theft to scams to home repair fraud to cell phone purchasing. Know Your Rights can be ordered for free at Nixon's Web site, ago.mo.gov or by calling the Consumer Protection Hotline at 1-800-392-8222. The publication can also be downloaded in its entirety from the Web site.


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Meatless Farm organised a cheeky stunt to hijack the pro-meat campaign by giving out free plant-based burgers to Londoners.
The UK’s meat industry will be campaigning and protesting this month with the hope of replicating the success of Veganuary.
To combat this, a group of ‘beefy’ Brits have been gallivanting around central London, handing out Meatless Farm’s beetroot beefcakes burgers to Londoners on their lunch breaks to show them that plant-based burgers can be just as juicy, ‘meaty’ and tasty as traditional burgers.
The Meatless Farm organised this stunt to hijack the pro-meat campaign #meatymarch following their research which showed 54% of British consumers are increasing the amount of plant-based food they’re eating this year.
‘Joyful, accessible and tasty’
In a statement sent to Vegan Food & Living, Morten Toft Bech, Founder of Meatless Farm said: “We’re hijacking #meatymarch because we believe in making eating more plant-based food joyful, accessible and tasty.
“We’re hoping our brood of beefcakes can encourage the public to make small changes to their weekly eating habits – it’s not necessarily about being vegan or vegetarian, we make it easy for people to swap, even if it’s once or twice a week. We aren’t against meat or farming we just recognise that there needs to be a better balance.‘’
Alistair, one of the Meatless ‘beefcakes’, added: “I’ve been swapping out meat for plant-based options a couple times a week for a while now.
“I think there’s often a stigma attached with reducing your meat intake, hopefully we can show people that you can be just as happy and healthy whilst reducing it. It’s all about the mini-change, and a burger is a good way to start!‘’


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According to the Times, Save-A-Lot has been opening numerous new stores with shiny gray floors, showcase freezers, elevated shelving and bold signage.
Save-A-Lot’s newest store concept is looking quite familiar, and it’s not because it looks like your typical Save-A-Lot store.
In fact, according to the Tampa Bay Times, the company’s newest one at Armenia Avenue and W. Dr. Martin Luther King Jr. Boulevard in Tampa, Fla., that opened at the end of January doesn't look like the Save-A-Lot you're used to seeing: The color scheme is blue and gray with red accents. The freezers are big and the produce section has been expanded. Its new logo and decor are turning shoppers' heads.
Which is all similar to ALDI’s store format.
According to the Times, Save-A-Lot has been opening numerous new stores with shiny gray floors, showcase freezers, elevated shelving and bold signage. However, it still has the dry and packaged staples for which it’s known. It has just grown its selection of fresh foods and added a money-back guarantee — all things ALDI has done over the last several years.


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Iconic basketball brand SLAM announced that Les Green has been selected as the company’s new CEO. Green, who is a former Nike and Spring marketing executive, will serve as SLAM’s second CEO and lead the company’s overall expansion. SLAM is considered the most authentic brand for nearly three decades, which has advanced to become a global lifestyle brand and multi-media property with more than 20 social channels.
“I couldn’t be more excited about this opportunity and leading this team,” said Green on his new job. “When SLAM first started I was just graduating high school, playing ball almost every day, and picking up copies of the magazine from my local 7-Eleven. So the fact that I am now the CEO is something my 18-year-old self would have never believed. There is so much opportunity ahead of us and I feel like my time at an iconic brand like Nike, and an e-commerce startup like Spring, was the perfect combination of experiences to prepare me for what’s ahead for SLAM.”
With the addition of Green, SLAM is double up on SLAM Goods, its fast-growing e-commerce business. The business has grown from a magazine to a global media and lifestyle brand that is growing by the day. In fact, there was a 100% year-over-year revenue growth, and has become profitable. SLAM also brought on board Victory Creative Group, a digital services and experience design agency co-founded by Nike alums, as a strategic investor earlier this year to launch SLAM Canada and help with global expansion.
Green is a leader who has spent more than 18 years building successful and relevant youth brands. He most recently held the position of Vice President of Marketing at Spring, where he led a complete rebranding and web relaunch for the company’s evolution. Green previously was part of the Nike brand marketing organization for more than 10 years. He led the teams that created all marketing initiatives with the position of Senior Director of Marketing for Nike Mexico and Director of Marketing for Nike Africa.
Les is an energetic and principled leader with nearly 20 years of experience in three critical areas – D2C e-commerce, global brand expansion, and establishing a culture of excellence,” shared Peter Robert Casey, CEO of JDS Sports. “There is no doubt that he is best suited to build on our momentum and accelerate SLAM’s growth journey at an exciting inflection point.”
SLAM works with major basketball brands including Nike, Adidas, Under Armour, Foot Locker, Puma. The company also works with non-endemic but fast-growing brands such as eBay, Lexus, and Showtime, to name a few.


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- Tram Ho
NVIDIA believes that the shortage of graphics cards (GPUs) could last through 2021 and ‘most of the time’ into 2022. This means that PC gamers will find it difficult to buy the latest GPU models. from now until the end of next year.
This is the statement made by the CEO of Nvidia, Jensen Huang, during the annual meeting with investors on August 19.
“I believe we will still face supply constraints for most of next year. That’s my prediction at the moment,” the Nvidia CEO said.
GPUs are still very expensive at the moment, especially when the crypto market shows signs of recovery
Surprisingly, Mr. Huang did not blame the problem on crypto miners, who continuously buy large amounts of GPUs to mine ETH. Instead, Nvidia’s CEO believes that the demand to buy GPUs is largely coming from millions of PC gamers who are hoping to upgrade to the RTX 3000 series using the Aprere architecture.
“The reason for the shortage is mainly related to the overwhelming demand (from the user side),” he added.
“Ampere is off to an incredible start. It’s the best-selling GPU architecture in our company’s history,” Huang said. “However, we’ve only sold RTX cards to 20% of our customers. So about 80% of customers still haven’t had a chance to upgrade to RTX.”
But despite the shortfall, Nvidia said it has secured enough supply to ensure the company hits its growth plan next year. In the second quarter, the company’s game revenue grew 85% year-over-year, with revenue of about $3 billion.
Previously, in April 2021, this world’s largest GPU manufacturer said that transportation and logistics problems along with a shortage of components had caused the supply of graphics cards of the Blue Team to continuously fall. This led to the fact that different retailers simultaneously increased the price of graphics cards, with the actual price being much higher than the listed price.
Worse still, the explosion of the cryptocurrency market has led to miners constantly buying huge amounts of GPUs, leaving gamers with money but no stock to buy.
This forced Nvidia to apply measures to prevent cryptocurrency miners from ‘robbing’ users who are gamers. In February, Nvidia began integrating the Ethereum mining limit feature on the RTX 3060, before continuing to implement the feature to other graphics card models. According to Nvidia, the graphics card models with limited ETH mining speed are called “Lite Hash Rate” (LHR). They accounted for about 80% of all RTX 3000 shipments shipped in Q2.
However, Nvidia’s RTX 3000 series cards are still difficult to buy at the moment, at least on online channels. The biggest problem comes from the fact that individual users cannot compete against a group of ‘scammers’ who often use bot systems to ‘collect’ in bulk. These graphics cards are then resold on sites like eBay, where they can be sold for twice the normal price.
Refer to PCMag
Source : Genk


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Prior to COVID-19, many governments were stepping up to support women’s economic empowerment. Now it’s critical for governments to make support for women’s engagement in the global economy core to economic recovery efforts.
Export premium for women-owned businesses
Women in particular benefit from an “exporter premium.” A new Global Innovation Forum report highlights the critical role of digitally-enabled networks in helping women grow their businesses through trade – something that will be even more critical after the pandemic.
Women-owned exporting businesses pay an average of 1.6 times more than firms that only sell domestically, a figure that is higher than the exporter premium for businesses owned by men. In addition, women-owned exporting businesses are 3.5 times more productive than counterparts who do not export and 1.2 times more productive than exporters led by men. Women-owned exporting businesses also tend to hire more employees and earn more revenue than those that do not.
Although women’s entrepreneurship has grown at twice the rate of men in recent years, women-led businesses still make up just a fraction of companies around the world. Women already faced a range of challenges to growing a global business. COVID-19 has layered on new uncertainty.
As governments step up their efforts to support women-owned businesses, government initiatives have taken on new meaning because helping women trade is a key part of economic recovery after the pandemic.
Good for GDP
Boston Consulting Group estimated that if women were to participate in entrepreneurship at a rate equal to men, global GDP could get a three to six percent boost. This lag in women’s entrepreneurship speaks to a number of challenges women-owned business faced before the pandemic.
Kristin Haffert is the Co-Founder of Mine the Gap, a company that equips leaders, industries and organizations with the strategies and tools needed to create and sustain gender-inclusive work environments. According to Haffert, “The number one answer is lowering the barriers of access to funding. More money needs to get into the hands of women business owners. We have to focus on how governments can approach this through policy mechanisms.”
Entrepreneurs like Thuy Nguyen, Founder of Bobi Craft, an exporter of premium hand crochet children toys and accessories in Vietnam, also say that compliance with country-specific policies and regulations such as local tax regimes can be time-consuming and confusing, influencing decisions about which markets to enter.
“The privacy rules set in a country make or break certain decisions including if I should be selling in a country,” explained Rupa Ganguli, Founder and CEO of Inclusive Trade, a UK-based e-commerce platform that allows consumers to shop by impact to benefit social, environmental and development goals.
Show her the money
Obtaining funding is the biggest challenge for entrepreneurs across the board, but women are often at a particular disadvantage when it comes to accessing money to grow their businesses globally.
Women are less likely to receive funding in early-stage decisions from private investors, as well as venture capital firms. In 2019, women-founded companies acquired only a 2.8 percent share of the capital invested in US startups. Women also raise smaller amounts of startup capital and ultimately rely on personal sources of income more than men.
“Women are totally underfunded,” explained Emma Sinclair, Co-Founder of EnterpriseAlumni, an alumni and retiree management platform. “The perpetually negative narrative around this is demoralizing as much as confusing, given women raise less money but exit more successfully and perform better in the interim,” she added. One challenge to fundraising is that women are less likely to have advisors in their networks who can make the necessary introductions to potential business investors or financial opportunities.
“A woman’s work”
During a series of roundtables by the Global Innovation Forum in 2019, woman entrepreneurs also frequently called out the gender gap in household work as a challenge to building their businesses.
“Nobody wants to talk about gender roles, but as soon as they get married and have kids, managing time between running a full-time business and running a family becomes challenging,” observed Sasibai Kimis, Founder and CEO of Earth Heir, a Malaysian ethical lifestyle brand that sells handcrafted heritage pieces made by women, refugees and indigenous people.
Prior to the pandemic, the Organization for Economic Cooperation and Development estimated that women regularly performed an average 4-6 hours of unpaid work per day across developing and developed countries. That number has almost certainly increased with schools, daycares and camps closed during the COVID-19 crisis.
Photo: Kavita Shukla of the FRESHGLOW Co. courtesy of Global Innovation Forum
Women rise to the COVID-19 challenge
Entrepreneurs and small business owners everywhere have been impacted by the COVID-19 pandemic. Many non-essential businesses were forced to close their doors until further notice.
Amid travel restrictions, lockdowns and stay-at-home orders, digital tools have become essential to enable the advisory, peer and government networks that women entrepreneurs are relying on to flourish.
Sunshine Quem Tenasco is the Founder of the Pow Wow Pitch in Canada, which endeavors to provide a supportive, empowering environment to indigenous entrepreneurs and the opportunity to access mentors and micro-grants. Tenasco quickly worked to move her pitch competition online amidst the disruption.
“Mentorship may seem like a small piece of the whole puzzle, but it’s so important because entrepreneurs just starting off always have so many questions. This way, we can open up these opportunities to any entrepreneurs throughout our communities as long as they have access to the Internet,” shared Tenasco.
SHE Investments, a social enterprise delivering business development programs for women in Cambodia, moved its team to electronic platforms for team meetings, webinars, timesheets and online classes to keep their own team connected and productive in response to COVID-19 while continuing to provide resources to their clients. “We are creating video tutorials on our laptops to help our team and our participants to learn [how to work from home],” observed Celia Boyd, Co-Founder and Managing Director of SHE Investments.
Government programs to help women export
Prior to the COVID-19 crisis, many governments had begun to prioritize support for women’s entrepreneurship by incorporating gender considerations in trade agreements, prioritizing the participation of women entrepreneurs in trade promotion programs, and by leveraging government-led small business assistance efforts to foster long-term networks for women entrepreneurs.
For example, the Government of Canada developed a comprehensive Women Entrepreneurship Strategy (WES), a more than US$2 billion whole-of-government approach to help women grow their businesses through increasing access to financing, talent, networks and expertise.
Despite this progress, a report prepared by the Australian Department of Foreign Affairs and Trade points out that women entrepreneurs are “significantly underrepresented” as clients of government trade promotion organizations. Governments could address this disparity by actively recruiting more women-owned businesses into trade promotion programs but also by developing sustainable networks of women-owned small businesses and government officials, rather than focusing on one-off events.
Government policies to help women export
With women embracing digital tools to grow their businesses globally, COVID-19 provides further impetus for governments to promote digital trade rules that enable the uptake of digital productivity technologies, payments, communications, marketing and e-commerce platforms that have all acted as lifelines during the crisis.
Countries can also advance the use of technology solutions like blockchain and Artificial Intelligence to reduce administrative burdens on small businesses and improve security, trust and speed for shipping, payments and supply-chain traceability.
The US-Mexico-Canada Free Trade Agreement, which went into effect July 1, provides a good starting point for considering the kind of digital trade, customs and small business provisions that can ensure that entrepreneurs across North America have access to the e-commerce ecosystem.
Technology-using companies export more
Finally, businesses that use technology are more likely to engage globally. In the United States, a whopping 72 percent of women-owned small businesses that use PayPal export their goods and services.
On the road to pandemic economic recovery, one of the most important actions governments could take is to make digital tools and digital trade widely accessible. Trade policy can help women-owned businesses engage fully in the global economy.
Feature image: The leadership team at Earth Heir courtesy of Global Innovation Forum
© The Hinrich Foundation. See our website Terms and conditions for our copyright and reprint policy. All statements of fact and the views, conclusions and recommendations expressed in this publication are the sole responsibility of the author(s).


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It's getting darn near impossible for automakers to keep their latest wares hidden from view until they are good and ready to show them. Such is the case with Mercedes-Benz, who's latest SL has leaked to the internet courtesy of the crew at Autoblog.nl.
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models


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As if the situation wasn’t already bad enough for Volkswagen, it now appears to be skidding off down another murky track after revealing on Tuesday it’d understated levels of carbon dioxide output in certifications for nearly a million of its cars.
VW said it came across the “unexplained inconsistencies” during its internal investigation of the diesel emissions issue, a scandal that’s left the company’s reputation in tatters and is clearly far from over.
In a statement, the German automaker said that based on its present knowledge, around 800,000 vehicles may be affected by this latest discovery, adding that it could cost the car firm somewhere in the region of 2 billion euros (about $2.2 billion).
The company said the vehicles – which could also include other VW Group cars from the likes of Audi, Seat, and Skoda – were “mostly diesel,” indicating that the unfolding crisis has now spread to its gasoline-powered models.
Curiously, VW said a recall for this specific issue won’t be necessary, suggesting that its estimated costs refer to financial penalties that may be incurred as a result of its latest finding.
Details on the nature of this latest headache for VW are currently vague, though according to the NY Times, the inconsistencies are not related to the deceptive software involved in the original emissions scandal that lowered the amount of nitrogen oxide emitted during lab tests.
The Wolfsburg-based company said it intends to “immediately start a dialog with the responsible authorities regarding the consequences of these findings,” adding that such action “should lead to a reliable assessment of the legal, and the subsequent economic consequences of this not yet fully explained issue.”
It continued: “Volkswagen will endeavor to clarify the further course of action as quickly as possible and ensure the correct CO2 classification for the vehicles affected.”


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People who have life-long disabilities from birth traumas often face discrimination as they age. Many employers will turn them away because they’re afraid they can’t do the job or will raise their insurance rates, despite anti-discrimination laws.
One store in Matthews, NC is trying to change the employment culture of the city by only hiring young adults with disabilities, including cerebral palsy. WBTV explains.
ZABS Place Boutique is a thrift store that has been helping people with disabilities find their passions. According to co-founder Rochen Groner, many people with disabilities have been kept from finding their potential because able-bodied people keep holding them back.
“The excitement and the joy that they get from accomplishing things is really, really incredible,” Groner says. “And they notice their own progress.”
The goal of the shop is to teach people with disabilities customer service and retail skills, then get them placed in other jobs within the community. According to the staff and the workers, they’re accomplishing the mission.
One way they spread awareness is by filming weekly videos that highlight the workers, the challenges they’ve faced, and how they’re overcoming them.
Disability discrimination is something families have to watch for and teach their children how to overcome once they’ve been hit with a trauma. Asking for reasonable accommodation while also stretching your limits where you can is an important part of that.


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Oh Snow You Didn’t: Global warming’s impact on the skiing industry
Global warming will hurt a lot of industries but one of the first that may be to go is the skiing industry. Reporter Jack Fryer speaks with Colin Hackworth, the CEO of Australia’s Ski Areas Association about climate change and the Australian ski industry.
More by Panorama
Getting home from work and unwinding by playing Battlefield 1 on the Xbox or waking up on Saturday morning to play Splatoon […]


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World internet users by year and internet users by country live counter showing estimated current internet users and historical so an internet user can be of any. Who are these americans who are living without the internet abc news features live writer proves you can survive without the internet for a. How easy is it to live without cable tv i have been finding out for the last several months while staying with a friend who, like several people i know. A new government proposal may subsidize high-speed internet for now, thousands of low-income americans struggle without access. Ryan holmes, ceo of hootsuite, shares why businesses can’t survive without social media today, it’s hard to imagine business without the internet.
With svod apps using a streaming device connecting your tv to the internet if there is still a network show in season that you can't live without. Read on as we show you how to get your olympics fix without resorting to on the internet and appear live somewhere that you can’t. These new american essentials 10 things we can't live without but sales of smart phones—which can handle email, browse the internet and do a. Almost 8 out of 10 american workers say they live paycheck on their internet americans can't work effectively without internet. Americans’ internet access: 2000-2015 school diplomas to use the internet similarly, those who live in households earning without a college degree saw.
New pew study shows us an increasingly digital society, but americans view social media and the internet very differently. Americans love their mobile phones, and most people under 50 say they can't live without it, according to a recent harris poll survey. Teens and young adults still tune in to tv — but they watch considerably more video on youtube and other internet sources, and most say they can live.
Today, 13% of us adults do not use the internet the latest pew research center analysis shows internet non-adoption is correlated to a number of demographic. As americans become an embarrassing number of people say they also found that 51 percent of women admitted they can't live without.
Job seekers without internet access like four in 10 americans they've never had a computer at home or can no longer afford internet access.
This report on african americans and technology is the first in a 73% of african american internet users—and 96% of which can be found at. Can you get internet without cable tv if you live too far out compare internet service providers in your zip code now. The internet has dramatically revolutionized many how the internet has changed everyday life 1 vote you can change the settings or obtain more. More americans 'can't live without' laptops, smartphones than sex americans claim they couldn’t live without americans prefer internet. 47% of adults couldn't last a day without smartphone, survey says nearly half of americans--or 47%--said they wouldn't last a full 24 hours without their.Download Can americans live without the internet


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Mark Brittan is not happy. He's one of the last customers promised a lifetime car care package at Hooman Toyota, that now isn't being be honored.
Brittan purchased a new Toyota Rav4 from Hooman Toyota of Long Beach last May. It was advertised with a "VIP Package" deal that included free oil changes, tires and car washes for life — savings of more than $6,000.
"You're kind of prepaying the maintenance, but you know you just go to the dealer and they take care of it," Brittan said.
He says Hooman never told him they'd stop honoring the VIP package two weeks later when the dealership sold. Brittan's VIP package is now worthless.
"It just seems terribly dishonest because the VIP package is the big selling point there," Brittan said.
Brittan is one of many Hooman customers who contacted the I-Team when the dealership wouldn't give them answers.
Owners Hooman and Rayan Nassani wouldn't respond to the I-Team's requests to interview. So after being asked to leave Hooman Toyota's Long Beach location while asking for answers, we visited Hooman's five other dealerships, which sell other car brands but the same VIP package. All five refused to honor the VIP package sold at Hooman Toyota.
The Better Business Bureau's Steve McFarland says customers should never trust lifetime offers exactly for this reason.
"Companies that offer those knowing they're going to go out of business or go out of the area? Shame on them," McFarland said.
Brittan says he could have saved thousands if he bought his Toyota elsewhere. He has a warning for consumers:
"Please don't buy from Hooman," Brittan said.
Randy Responds reports solve consumer problems — and have recovered millions for consumers across SoCal. Read up on scams to avoid and submit consumer complaints.
A spokesperson for Hooman Toyota has confirmed to NBC4's I-Team it sold vehicles with the VIP Package as recently as two weeks before closing.


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Creso Pharma’s quarterly revenue surges 237%, with the huge US cannabis market now in sight
Health & Biotech
Health & Biotech
With revenue rising by 237 per cent and strategic partnerships made during the quarter, Creso is now in pole position to fully launch into the US.
Global medicinal cannabis company, Creso Pharma (ASX:CPH), has just released its quarterly update which includes several interesting highlights.
The company delivered a first-quarter FY21 revenue of $1.385 million, an increase of 237 per cent compared to the previous corresponding quarter.
The revenue comes ahead of its proposed dual listing on the OTCQB market in the US, which is earmarked for the second-quarter of this year.
The decision to dual list in the US follows growing interest from North American investors after its recent announcement on the proposed acquisition of Halucencex, as well as its plans to expand into the US cannabis market.
Cannabis legislation is spreading around the US, with 36 states now having legalised medical marijuana. This regulatory shift in the US and across the world could potentially unlock growth opportunities for the company.
Creso is well funded to take on these new opportunities, with $18.6 million cash in the bank at the end of the quarter.
Strong revenue during the quarter has highlighted a growing demand for Creso Pharma’s products.
Sales from its Mernova Medicinal division in Canada recorded $759k during the quarter, which represents a 340 per cent increase from the same quarter in FY20.
Demand for Mernova’s products was validated by repeat purchase orders, with a shift now underway towards a recurring revenue model.
Meanwhile, Creso’s Swiss division also performed equally strongly during the quarter, increasing by 1,600 per cent to $626k. Sales mainly came from its two products range, the cannaQIX and anibidiol.
For anibidiol, a deal has been agreed with Vermont-based CERES, which will provide a distribution pathway into the US.
“Transformational” acquisition of Halucencex
In March, Creso entered into an agreement to acquire Canada-based Halucencex Life Sciences. Halucencex is focused on developing novel psychedelic molecules to treat post-traumatic stress disorder (PTSD), depression, and other mental illnesses.
The company described the acquisition as “transformational”, which will see it enter the emerging $100 billion global market for psychedelic medicine.
The deal will also see Creso develop and commercialise a range of psychedelic-assisted psychotherapy treatment products.
Just two weeks ago, Halucencex also signed an agreement with a leading nanotechnology company, Sixth Wave, to further progress its research into hallucinogenic mushrooms.
However, shareholders will have to wait until the completion of due diligence on 28 July 2021 for the acquisition to be completed, with voting expected to be in June.
During the quarter, Creso has managed to stamp its footprints in Africa, signing a bilateral agreement with a pioneer South African company, Cannabis Queen, to distribute its cannabidiol tea products in the continent.
In the bilateral deal, Creso will market and distribute its tea range in African countries through Cannabis Queen, while in return distributing Cannabis Queen’s Anti-Aging Serum 30ml and Argan and Cannabis Hair Treatment 50ml products in Switzerland and Europe.
The company believes that decriminalisation of cannabis and the passing of the MORE Act in the US will grain ground quickly, after the US Democratic party won the balance of power in the US Senate this quarter.
The MORE Act aims to remove cannabis from the US Controlled Substances Act, and erase certain federal convictions to essentially decriminalise cannabis on a national level.
Creso says it is well placed to expedite the scale-up of Mernova’s operations in Canada to service the US market, when these legislations are passed into law.
Closer to home, over-the-counter sales of low-dose CBD products in Australian pharmacies are now possible, after a new ruling by TGA.
The TGA decision allows CBD products containing up to a maximum of 150mg/day, for use in adults, to be sold by a pharmacist to customers without a prescription.
Creso says it is in a good position to take advantage of this major development in the Australian medicinal cannabis industry, which is expected to exceed over $200 million per annum.
The Creso stock price has surged by more than 185 per cent over the past twelve months.
This article was developed in collaboration with Creso Pharma, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.


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BlackBerry revealed it now has more than 100 UK businesses trialling its new BlackBerry 10 OS and handsets, as it continues its bid to build on its business heritage.
BlackBerry, previously known as Research in Motion (RIM), revealed it had hit the milestone at an event in London to tout its services to new and existing customers.
Among the more than 100 organisations piloting BlackBerry 10 is the Aneurin Bevan Health Board in Wales. Drew Evans, head of ICT at the organisation, told ZDNet that it is currently in testing to roll out the new generation of devices after earlier deploying BlackBerry 7 handsets.
"We have a lot more care in the community [than previously], a lot more community staff out there. What we needed was a solution to give access to information... in transit, when it was secure, and allow us to schedule patient care," Evans said.
"We got handsets and the applications into the hands of nurses - it's not the 'executive toy', it's right down at the ground level. That [BlackBerry 7] programme is successful and is currently growing as we speak," he added.
Evans said the board is now in the early stages of testing BlackBerry 10 devices. One of the key features of the OS is its the ability to keep work and personal data completely separate on the device through its Balance feature, Evans said.
"We don't just use them for email, it's also used for file shares, access to the intranet and a number of other key applications… We have the usual pressures from execs and other parts of the organisation that want the play aspect as well, they want Angry Birds and all those other things. It has been difficult until now to provide an offering to them without saying 'have two phones'.
"We see Z10s and subsequent devices as key to being able to provide that balance between the two spaces."
However, with an ever-increasing number of Android and iOS devices providing strong competition in the enterprise, and Samsung's business-focused Knox announcement, is BlackBerry concerned about its core market?
Apparently not, according to Jeff Holleran, senior director of enterprise product management at BlackBerry, who sees the influx of devices into businesses as an opportunity rather than a threat.
"As an enterprise software vendor we're building these solutions out to go across all of those platforms," Holleran said. "You have the ability to separate data across the platforms — we'll be delivering that with Secure Workspace — and with BlackBerry 10 we have the unique ability to separate the data for the purposes of data leakage but bring it together when appropriate in places like the Hub so you have a single place to go for messaging, or in applications like the calendar where it only makes sense to have a single calendar view across items."
Secure Workflow debuts
Customers at the Wednesday event were among the first to get a look at Secure Workspace, an upcoming feature for BES 10. The feature is designed to extend some of the security capabilities found in the BlackBerry and BES platforms to other devices, such as those running iOS or Android.
"The BlackBerry Secure Workspace really provides that secure space for iOS and Android devices, with a full PIM (Personal Information Manager) suite inside of there, they can put their applications into to operate securely with other applications," Holleran said.
During his plenary address Holleran also demonstrated connectivity through the BlackBerry infrastructure of a non-BlackBerry device — a first for the company.
"These were really quick sneak peeks, we'll be talking a lot more about this Secure Workspace feature over time," he added, hinting in an interview with ZDNet that more information about the future of BES will be revealed at its BlackBerry Live event in Orlando, Florida in May.


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CALI, Colombia – Colombian President Juan Manuel Santos and Costa Rican President Laura Chinchilla on Wednesday evening penned a bilateral free trade agreement that will help pave the way for Costa Rica to become a full member of the Pacific Alliance, a Latin American trade bloc launched in 2012. The signing of the trade deal took place on the eve of seventh Pacific Alliance Summit, set to take place on Thursday in Cali.
Current members of the alliance include Colombia, Mexico, Chile and Peru. Membership requires Costa Rica to have bilateral free trade agreements with each alliance member country. With Wednesday’s signing, Costa Rica – currently an observing member – is in compliance with that requirement.
Santos called the Pacific Alliance “the most important integration process that Latin America has undertaken in history.”
“These are four economies that are growing at higher rates than the rest of Latin America, and these economies bring the most investment and are creating the most jobs. Our aim is to maintain that growth,” Santos added.
“We’re laying the foundation for an even better relationship [between Costa Rica and Colombia], Chinchilla said in a brief speech at the signing ceremony. “We share a vision that is increasingly solidifying in the region, which is the understanding that free trade is the motor of growth.”
Seventy percent of the negotiated tariff items in the trade agreement will be eliminated immediately, while 26 percent of tariffs will be phased in over of a period of three to 15 years.
Trade between Costa Rica and Colombia reached $500 million in 2011.
For Santos, the agreement “will help generate more confidence among Colombian investors” looking to do business in the Central American neighbor to the northwest.
“What’s ahead are more trade, more investment, more prosperity for Costa Rica and more prosperity for Costa Rica,” the Colombian president said. “If we don’t grow, if we don’t open markets, we’ll become stagnant as has happened to practically every country that does not believe in free trade.”


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On Wednesday, the Philadelphia office of the Food and Drug Administration sent a stern warning letter to the Nestle Purina PetCare Co. plant located in South Whitehall Township, Pa., noting “significant violations” discovered during an inspection of the plant that the FDA conducted between Sept. 15 and Oct. 1, 2014.
Specifically, the letter noted that Purina’s low acid dog and cat foods were allegedly prepared and packaged improperly.
The cited products were Alpo Chop House Rotisserie Chicken flavor in Gourmet Gravy, Friskies Mariner’s Catch and Friskies Mixed Grill, all wet food in cans or pouches.
According to news reports, the violations involved:
- Failure to process each low acid canned food in conformity with an FDA-specified process.
- Failure to chlorinate or otherwise sanitize cooling water for the cooling canals and recirculated water supplies.
- Failure to establish a system for product-traffic control. FDA inspectors say can conveyors and the reject chute did not have adequate protection to prevent an unprocessed can from falling into the cooling canal in case of a can jam or other equipment malfunction.
Keith Schopp, a spokesman for Nestle Purina at its North American headquarters in St. Louis, countered that the company is confident that there are no food safety issues or risks to pet health with the company’s products. He said the company was unaware of any product recalls or reports of animals being sickened by these products.
However, the FDA does not agree, and has warned Purina to remedy these alleged issues at the plant.
Photos from Wikimedia Commons


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Annamaria Cammilli breaks into UK market
VICENZA, September 2013 – Florence-based Annamaria Cammilli, celebrated for exquisite jewellery with floral themes, has established ties with a number of UK retailers since breaking into the UK market earlier this year.
Annamaria Cammilli built relationships with several retailers at its launch in the UK at the Company of Master Jewellers (CMJ) trade event in Birmingham in August, and experienced positive feedback to its “Dune” collection which sells well around the world.
“Dune” pieces, inspired by sand dunes and appreciated for their strong, original designs and the finish of their gold, retail for some 1,000-2,000 euros.
Annamaria Cammilli jewels appeal to mature, sophisticated women who already have jewellery in their collections, an executive said on the sidelines of the VicenzaORO Fall trade fair.


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Once upon a time,
As she leads the resurrection of the Xerox brand, she recognizes the benefits and challenges associated with the familiarity that exists with the Xerox name. "Xerox makes very few copiers today," she told Forbes Magazine Publisher Rich Karlgaard at the 8th Annual Forbes CMO Summit recently. "Our brand is going through a massive transformation," she added, and her work is to create awareness around "the new Xerox" as a business-services company.
She talked with Karlgaard about the company and the brand innovation that's been taking place and the steps she's taken to redefine the brand, both internally and externally.
To watch the full interview, see below.


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Keen’s Buildings Extends Partnership with RJ Hampshire for the 2023 Pro Motocross Season
FOR IMMEDIATE RELEASE
Live Oak, FL – May 26, 2023 – Keen’s Buildings, a leading provider of high-quality storage solutions, is thrilled to announce the extension of their partnership with RJ Hampshire #24 for the upcoming 2023 Pro Motocross Championship season. RJ Hampshire, an accomplished rider representing the Rockstar Energy Husqvarna Factory Racing Team, has proven to be an outstanding brand ambassador for Keen’s Buildings.
Kevin Keen, CEO of Keen’s Buildings, expressed his excitement about the continued collaboration with RJ Hampshire. “We are excited to extend our partnership with RJ for the 2023 Pro Motocross season,” said Keen. “RJ has been an incredible asset to our brand, and we are confident in his abilities to excel on the track.” Read more