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KNOXVILLE, Tenn. (WATE) — The City of Knoxville will turn back the clocks this weekend for a celebration commemorating the 40th anniversary of the World’s Fair.
Visit Knoxville is hosting a kick-off celebration honoring the 40th anniversary of the 1982 World’s Fair on Saturday, May 21 at World’s Fair Park. Admission is free.
Celebration activities will include performances, food trucks, exhibits, plus a splash of 80s music during the fireworks. The 1982 World’s Fair debuted on May 1, and Knoxville’s Sunsphere was built for the event some four decades ago.
The Sunsphere was recently reopened for its observation deck views in February after some improvements and enhancements.
For Saturday’s celebration, Visit Knoxville listed the activities:
Activities include the following:
- Cultural and technology displays and exhibits
- Performances at the World’s Fair Amphitheater
- Makers Market with local vendors and crafters
- A Ferris wheel and Arcade Truck
- Food trucks and beer including:
- Petro’s, Buddy’s Bar-B-Q, CJ’s Tacos, Enjoy Latin Food, Big O’s Famous BBQ, Alebrijes Mexican Food, Smoky Mountain Kona Ice, Mucho Gusto, Captain Muchacho’s, Kazoku Hibachi Express, Treetop Coffee Shop, Denton’s, Rainbo Shaved Ice & Funnel Cakes, Orale Mexican Food Truck and Waffley Good
- 40th Anniversary merchandise
- The evening will close with a brief fireworks display programmed to ‘80s music
Time and Place:
10 a.m. – 9 p.m. – Performance Lawn
10 a.m. – 5 p.m. – Festival Lawn
World’s Fair Park had hosted the ‘Sunsphere Sundays’ concert series last October to informally kick off the 40th-anniversary celebration of the Knoxville World’s Fair taking place in May. A portion of all sales from the series benefitted the Sunsphere Fund.
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Chick-fil-A’s Journey Toward Antibiotic-Free Chicken
Chick-fil-A, one of the largest fast-food chains in the United States known for its chicken sandwiches and waffle fries, has made significant strides in the area of food quality and customer health concerns. One of the critical steps the company has taken is its commitment to serving chicken raised without antibiotics across all restaurants nationwide. This decision aligns with a growing consumer demand for transparency and better practices in the sourcing of food.
Understanding Antibiotics in Poultry
Before delving into Chick-fil-A’s pledge, it is essential to understand why the use of antibiotics in poultry is a pressing issue. Antibiotics have been commonly used in animal agriculture to prevent disease and promote growth. However, this practice raises concerns about antibiotic resistance—where bacteria evolve to withstand these drugs, making them less effective for treating infections in humans.
To address these concerns, many consumers and public health advocates have been pushing for restaurant chains and food suppliers to reduce or eliminate the use of antibiotics in their meat supply chains.
Chick-fil-A’s No Antibiotics Ever Promise
Responding to these challenges, Chick-fil-A made a groundbreaking pledge in 2014: it announced plans to serve only chicken raised without antibiotics within five years. The company termed this commitment as “No Antibiotics Ever” (NAE), meaning that from the hatchery to the processing plant, no antibiotics of any kind would be administered to the chickens. This historic move made Chick-fil-A one of the first major quick-service restaurants to set a timeline for this type of shift.
The complexity of overhauling a supply chain, especially for a company of this magnitude, is considerable. To fulfill this promise, Chick-fil-A worked closely with its suppliers, helping them to adapt new practices and ensure compliance with the NAE standard.
Overcoming Supply Chain Challenges
Switching to an antibiotic-free supply required significant changes in animal husbandry practices. Suppliers needed to adopt better living conditions for the chickens, such as improved ventilation and more space, along with enhanced sanitation practices to prevent disease spread without relying on antibiotics as a crutch. Tracking and auditing systems had to be established to ensure enforcement.
Chick-fil-A also had to address possible impacts on pricing and availability during this transition. Ensuring that there were no interruptions in supply or significant price increases while accommodating the NAE standards demanded careful coordination with suppliers who met these criteria.
Impact on Industry and Public Health
Chick-fil-A’s decision had a ripple effect throughout the fast-food industry. Other companies began announcing similar plans to phase out antibiotics, indicating a shift in industry practices. By setting an example and proving that scaling up antibiotic-free policies is feasible, Chick-fil-A heightened industry standards and expectations surrounding food production practices.
Public health advocates have recognized such initiatives as steps in the right direction for managing antibiotic resistance risks. They argue that by reducing non-essential antibiotic use in food production, there will be less pressure driving bacteria to become resistant.
Compliance and Verification
The verification of Chick-fil-A’s claims about their No Antibiotics Ever chicken became an important part of their initiative’s credibility. The company ensures compliance through third-party audits and regularly communicates its processes and progress with customers interested in their environmentally friendly and health-conscious approach.
Moreover, faithful adherence to its NAE pledge provides a competitive edge by building trust with consumers focused on quality and ethical consumption.
Chick-fil-A’s Antibiotics Stance Today
As of today, Chick-fil-A has fully fulfilled its commitment across all restaurants nationwide. All chickens supplied are verified to be free from any antibiotics, foregrounding Chick-fil-A as not just a leader but also as an innovator within the fast-food arena.
Consumer Feedback and Market Response
The reaction from Chick-fil-A customers has been mostly positive, aligning with a broader demand for sustainably sourced food with fewer additives or chemicals. Meeting these consumer demands not only supports public health objectives but also fosters loyalty among customers who prioritize such values when choosing where they dine out.

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Capillary Tech raises $14m in funding as IT startup interest grows
Jul 17 2014 , Mumbai/Maxwell
Bangalore-based Capillary Tech sells services designed to help retailers manage customer data and online presence. It counts British retailer Marks and Spencer Group PLC, Yum! Brands Inc's KFC restaurant chain and French clothing brand Lacoste among customers.
The fresh round of funding, which comes on top of $17 million received in 2012, will be used to improve Capillary Tech's marketing and partnership platforms, the company said.
The funding comes amid growing interest in India's startups, offering niche technology products or services that traditional outsourcing companies don't offer, or can't offer at competitive rates. A large number of funds, including the likes of U.S.-based Accel Partners & Co, Lightspeed Venture Partners and Sequoia Capital, are chasing investment opportunities.
Venture capital funds invested around $190 million in early-stage tech firms in India last year, up by almost a quarter from 2012, according to Hong Kong-based Centre for Asia Private Equity Research Ltd.


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20 Dec 2001
2002 Hong Kong Exports: Mild Growth Expected
Hong Kong exports in 2002 could perform better than generally expected at this moment, said the Trade Development Council's Chief Economist, Mr. Edward Leung.
Presenting the Council's report on Hong Kong Trade Outlook 2002 today (December 20), Mr. Leung said total merchandise exports in 2002 are expected to rise by 2% in value, or 3% in volume.
Mr. Leung said: "The driving force will be the mild recovery of the world economy in mid-2002, possibly commencing in the US and trickling through to the EU and beyond."
He points out that given the low inventory level, import demand of these markets would rise following a pick-up in their economies.
"China's WTO entry is not a quick fix to Hong Kong's current difficulties. With the attendant market liberalisation and continued economic development, China will provide longer-term opportunities for Hong Kong."
Mr. Leung cautions that consumers spending pattern in major overseas markets is changing. "In face of the economic uncertainty, consumers generally tend to go for the basics and avoid extravagant items. Value-for-money is the watchword.
"Hong Kong companies, which export a wide range of value-for-money consumer products, are to be buffered on such developments. But they should adjust their product strategies, and pursue a balanced strategy for OEM, ODM and brand name businesses."
Mass merchandisers, discounters and specialty discount stores are capturing a growing slice of their domestic markets. They are disinclined to keep inventory. Margins will be under continued pressures, and there will be greater urgency to fill smaller-lot orders.
"The changing buying pattern will exert formidable pressures on prices of Hong Kong exports. Hong Kong companies have to realign their operations to meet the increasing demand in terms of quick response and delivery."
Mr. Leung drew attention to changes in the international regulatory framework which will have an important bearing on Hong Kong exporters.
With the implementation of the third stage of the Agreement on Textiles and Clothing (ATC) from January 2002, quota arbitrage for textiles and clothing will play a diminishing role in production and sourcing considerations.
Hong Kong textiles and clothing companies will be given more room to shift their production and sourcing to the Chinese mainland as China is now a WTO member who can benefit from the removal of quotas. Hong Kong companies can further enhance their price competitiveness and profitability.
As on the global electronics cycle, Hong Kong is undoubtedly in a better position. Hong Kong's more diversified export mix makes it less vulnerable to the ups and downs. Strong domestic demand of the Chinese mainland will somewhat serve as a buffer.
Commenting on Hong Kong's services sector, Mr. Leung said exports of services are more reliant on Asia than merchandise trade. Despite the expected continual rise in offshore trade, Hong Kong services exports are likely to post a moderate gain in 2002.
"A mild recovery in trading activities and an improvement in the tourism sector will be the main contributors."
The report says direct transportation links between the Chinese mainland and Taiwan may not materialise in the near future although both have become a WTO member.
"For 2002 as a whole, Hong Kong's existing role as the most important 'third territory' to facilitate cross-strait trade and passenger transit will remain intact."
The reports says the prevalence of direct shipments from the Chinese mainland to foreign markets will also remain a dampening factor for growth of Hong Kong re-exports, which are projected to register nominal and real growth rates of 3% and 4% respectively.
For press enquiries, please contact Lawrence Yau of the TDC's Corporate Communication and Marketing Department at 2584 4510.


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Egypt’s E-Styrenics announces Aug GPPS prices
A source from the producer reported that their August PS prices stand at $1370-1420/ton for GPPS injection on an ex-works Dekhelia, cash basis.
The source stated that market players are panicked as demand is muted due to dollar parity issues. He also added that as of August 15, there will be a maintenance shutdown at their plant which will last for 15 days and the operations will resume as of September 1st.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- US PE stabilizes in Turkey and SEA, buyers remain skeptical
- China homo-PP market keeps dropping as bearish factors prevail
- Indonesia’s polyolefin markets signal further weakness towards year-end
- Asian styrenics rise cautiously as sellers wager on higher costs
- Is 6-month downturn over in European PP markets?
- Polymer markets set to brace for higher freight rates
- Rising supply dents Jan PE outlook in Philippines as prices plunge to 11-year low
- China’s local PVC market supported by firmer futures, tightness
- PP, PE markets in Mid-East, Africa set to remain weak into 2020
- A new game-changer in Europe’s PE market: US imports


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New security features for Google Workspace and Google Drive
Google has unveiled new security tools that include client-side encryption for Workspace and several enhanced data protection features in the platform’s Drive service. The tech giant said there will be new trust rules and labels for Drive to classify files and apply controls based on their sensitivity levels. These added security features are the result of several factors, including Google’s “security first” philosophy, the rapid increase in remote work environments due to the pandemic, and the company’s experience with its BeyondCorp zero trust security model. In addition, Google is also increasing phishing and malware protection in Workspace.
Read more at: https://tinyurl.com/ygc7yhw7
Facebook partners with Internet service providers D-VoiS and Netplus
Facebook has announced new partnerships in India with Internet service providers (ISPs) D-VoiS and Netplus. These ISPs will use Facebook Connectivity’s Express Wi-Fi platform to provide public Wi-Fi hotspots in various locations around the country. “The Express Wi-Fi platform is helping expand internet connectivity in the country, enabling economic opportunities, innovation, and expression for people, businesses, and communities alike,” said Manish Chopra, Director and Head of Partnerships, Facebook India. D-VoiS operates under the ION brand and has a presence in 60 cities. Netplus, another leading ISP in the country, is the Internet arm of Fastway Group.
Read more at: https://tinyurl.com/yfxrzrar
Samsung Electronics demonstrates 6G THz wireless communication prototype
Samsung Electronics has demonstrated a 6G Terahertz (THz) wireless communication prototype in collaboration with researchers from the University of California in Santa Barbara (UCSB). At the recent workshop on Terahertz communications at the IEEE International Conference on Communications, the team of researchers from Samsung Research, Samsung Research America and UCSB presented the potential positive impacts that THz can have on next-generation 6G technology. They demonstrated a 140 GHz wireless link using a fully digital beamforming platform. It’s still early days for 6G, but researchers believe in a peak data rate 50 times faster than 5G, as well as further reduced latency.
Read more at: https://tinyurl.com/yefpu8xx
Telefonica Spain selects Nokia and Ericsson for its 5G SA network
Telefonica has decided to award contracts to Nokia and Ericsson to launch its 5G standalone (SA) radio networks across Spain, omitting its longtime partner Huawei. These agreements will allow Telefonica to transition from 5G NSA to 5G SA using its 22,000 base stations in Spain and 100 MHz of spectrum in the 3.5 GHz band, as well as the frequencies it intends to acquire in next month’s 700 MHz band auction. The Spanish operator first launched 5G in September 2020, using Nokia and Ericsson for the RAN portion of the network and Huawei equipment to support the 4G core.
Read more at: https://tinyurl.com/yeq8ra25
Deutsche Telekom opens two new data centres
Deutsche Telekom has announced it is opening ‘twin data centers’ in Amsterdam, the Netherlands, with a combined 21,000 square meters of space to serve its Open Telekom Cloud offering. According to the company, this initiative meets all the latest regulations regarding GDPR and data protection. Deutsche Telekom hopes to attract business customers that want to tap the benefits that come with cloud services, but they need to adhere to stringent compliance and security requirements. The two new facilities offer added redundancy to the company’s existing facilities in Biere and Magdeburg in Germany. Open Telekom Cloud is Deutsche Telekom’s secure Infrastructure as a Service (IaaS) product.
Read more at: https://tinyurl.com/yzzq9axb


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I'm not sure who decided it was a good idea, but sometime in the last few years, our favorite slasher icons have become sex symbols. Female sex symbols, that is.
We've all seen the Halloween costumes of sexy female versions of (A Nightmare on Elm Street) Freddy, (Friday the 13th) Jason, (Halloween) Michael Myers and even (The Texas Chain Saw Massacre) Leatherface, and it's becoming increasingly popular for female horror fans to cosplay as their favorite male horror icons. I'm honestly not even sure how I feel about it, but confusing is a word that comes to mind, when I find myself turned on by a razor glove, burnt skin and a dirty old Christmas sweater.
Popular Japanese collectibles company Kotobukiya is getting in on the sexy villains fun with these two new statues, which they just teased over on their Facebook page. This is a concept image for the upcoming statues, which are the first two in a line dubbed the Bishoujo Horror Series - Bishoujo being a Japanese term used to describe pretty young girls. No word yet on when they'll be released, but the actual statues are expected to be shown off at Toy Fair, which kicks off next weekend.
Certainly the most unique Freddy and Jason collectibles we've seen over the years, to say the least.
Want more sexy female villains? Check out Alexys Fleming, who uses makeup to transform herself into the likes of Freddy, Beetlejuice and Predator!


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Ford Recalls Big Pickups Due To Tailgates Opening UnexpectedlyFord Motor Co. is recalling nearly 262,000 heavy-duty pickup trucks in the U.S. and Canada because the tailgates can open unexpectedly.
Ford Recalls Nearly 423K Vehicles For Power Steering ProblemUnder pressure from U.S. safety regulators, Ford is recalling nearly 423,000 cars and SUVs.
Ford Recalling 200K Vehicles For Air Bag, Gas Leak IssuesFord is recalling more than 202,000 cars, vans and trucks in North America in five separate recalls to fix gas leaks, air bag sensors, stalling and other issues.
Family Says Windstar Recall Notice Came Too LateSean Bowman was driving a 2001 Ford Windstar, when he lost control and crashed into a building, killing him. Several days later, Bowman's family received a recall notice from Ford.
Fitchburg Grandmother Stalled By Ford RecallA Fitchburg grandmother says a recall letter for her 1999 Ford Windstar arrived earlier this month, the same day she saw a story on WBZ-TV raising the question of whether a suspected rear axle defect in a 2001 Windstar could have led to a fatal crash in Whitman.


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The British government’s attitude toward marijuana is different from that of the United States. In the United States, for example, the federal government has refused a thorough research into the plant. According to federal law, the plant is still illegal. Marijuana is still a schedule 1 drug on the Control Substance Act list.
However, in the United Kingdom, the situation is different. Recently, the country’s government admitted that marijuana has a medicinal value. The country’s Medicines and Healthcare Products Regulatory Agency announced that it has found Cannabidiol (CBD) has a “restoring, correcting or modifying” effect on “physiological functions” when administered to humans. CBD is one of at least 113 active cannabinoids identified in marijuana.
Before this good news, some of the country’s politicians had even pressed on the government to legalize marijuana for medicinal use. Currently, in the United Kingdom, it is illegal to possess marijuana in any form. Without a so-called appropriate licence, it is also illegal to grow, distribute or sell marijuana in the nation.
Those with the licence are therefore, leaving nothing to chance. They have set up small shops and health research facilities to fully explore the medicinal value of the plant.
A startup in London, which focuses on plant-based food and drinks, called Rawligion, has produced the first ever organic marijuana milk. The milk, also known as Relax, is said to have positive effects on anxiety and pain. It also aids people with sleeping problems, helping them to have a sound sleep, as well as reducing stress.
Relax contains CBD oil, marijuana seeds, cashews, dates, coconut oil, vanilla and water. The CBD oil is made from marijuana. It does not contain any of the psychoactive properties found in other cannabis compounds, like Tetrahydrocannabinol (THC). Therefore, Relax milk does not make consumers high or stoned. The main objective of the milk is to promote healthy living.
The CBD oil in the milk reacts to the body’s endogenous cannabinoid system, which regulates the body’s homeostasis – or general state of balance. This ensures positive impact on mood, sleep, hormone regulation, immune response and pain in the body. It is said the Relax milk tastes very similar to almond milk, albeit slightly earthier and a slightly marijuana-like aftertaste.
Relax milk was pioneered by Michael Isted, a psychotherapist and development consultant for Rawligion. Isted revealed he decided to produce the marijuana milk because the world needed a drink that contains all the benefits of CBD.
According to health experts, the human endocannabinoid system is made up of millions of receptor sites in the brain and nervous system, and is considered one of the most important regulatory systems in the human body.
Mr Isted told Metro.co.uk in an interview that the human endocannabinoid receptor sites in the brain and the nervous system proves that marijuana is good for the human body.
“The cannabis plant is almost the perfect plan. Humans are supposed to have a relationship with this plant because we have cannabinoid receptors all over our body. Cannabis has all that we need to sustain life, vitamins, minerals, proteins, essential fatty acids. We can even make clothes and materials from the plant,” he said.
Already, new legislation has been passed to turn CBD into a legitimate medicine. Remember, we told you earlier that the British government has admitted CBD in marijuana has a medicinal value. Relax milk has started selling in the big pharmaceutical companies, beginning Nov. 1. Isted also added that some pharmaceutical companies in the United Kingdom are also investing in research to further explore marijuana’s properties.
According to consumer testimonies, who have used the Relax milk before, they confirmed that it helped to relieve pain and aided with their sleeping problems. One user was quoted as saying: “I think it’s magical in terms of pain reduction and sleepiness.” The testimonies display the faith people are beginning to have with marijuana, in the United Kingdom.
Over the years, marijuana advocates have been gaining momentum in their quest to have the plant legalized and regulated in the United Kingdom. In 2015, James Richard Owen, an economics student at Aberystwyth University, started a petition on the country’s official petitions website, calling for the legalization, cultivation, sale and use of the plant.
The petition gathered 218,995 signatures, far exceeding the 100,000 needed for it to be considered for debate in Parliament. On Oct. 12, 2015, the country’s Parliament debated the petition. These latest developments on marijuana have led some to believe that the country’s government will soon legalize the plant.
This article (New Anti-Anxiety, and Pain Relief Marijuana Milk Hits British Market) is a free and open source. You have permission to republish this article under a Creative Commons license with attribution to the author and AnonHQ.com.
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For the most part, the products are scaled-down, less-expensive versions of IBM's sophisticated database and middleware software. The idea, says Elaine Lennox, IBM's marketing director for small and midsize businesses, is to give smaller companies the tools they need to conduct business processes and communications in real time, in much the same way that many multinational companies operate. That market "represents the last wave of E-business," Lennox says. IT spending in the small- and midsize-business market is growing at 9% annually, IBM says.
At a news conference in New York, IBM introduced WebSphere Commerce Express, which the company says gives midsize businesses the ability to set up a fully functioning E-commerce Web site in less than an hour. It also debuted WebSphere MQ Express, which is designed to give smaller businesses the means to connect disparate applications without the need for expensive custom coding.
The Plastic Surgery Center in Hampton Roads, Va., is using MQ Express as part of a system that automates the patient sign-in process. Patients at the clinic make their presence known by signing in on a Tablet PC. A message is then broadcast to PCs used by clinic staff members via MQ Express and Lotus Sametime. Ascendant Technology, one of a stable of IBM business partners that will help IBM reach small and midsize businesses, did the installation.
Dr. Peter Vonu, who heads the Plastic Surgery Center, says the system will let the clinic accommodate 15 more patients per week, representing additional revenue of about $250,000 per year. Vonu is the brother of Ascendant CEO Timm Vonu.
The new Express applications join DB2 Express, WebSphere Application Server Express, WebSphere Portal Express, and several other applications within IBM's growing suite of products for this market.
In targeting small and midsize businesses, IBM is chasing a market long dominated by Microsoft. Lennox says the company will compete by working with independent software vendors that have expertise in specific industries to deliver systems tailored to their needs. "With Microsoft, you get a lot of plain vanilla," Lennox says. "But if you're in retail, you need to work with someone who understands retail; if you're in manufacturing, you need to work with someone who understands manufacturing."
IBM is also aggressively pricing its Express offerings in an effort to undercut Microsoft—by as much as 25% for some middleware products. Lennox says the company can offer low-cost products while still making a profit by basing many of its Express offerings on Linux, the free open-source operating system. "Linux is core to our SMB strategy," she says.
IBM also introduced several new servers and PCs for small and midsize companies that feature the volume pricing previously only available to large customers, as well as low-rate financing options.


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LENDERS face the threat of a fearsome new competitor: supermarket giant Tesco is reportedly planning a major new offensive - "mortgages with the groceries" - as the latest stage in its plan for world domination.
If the Tesco rumour is true, 100 mortgage lenders will be left fighting for a shrinking slice of the business with wafer-thin margins. Further consolidation among lenders as big boys snap up the minnows seems a certainty.
WITH over £18bn spent on credit and charge cards abroad, summer holidays can cost a fortune - unless you switch the debt to one of over 70 cards offering a 0% introductory offer for balance transfers, says website moneysupermarket.com.
GIVEN a windfall of £25,000, says a survey by Halifax's Unsecured Personal Loans department, 25% would spend it on home improvements, 23% on travel, 16% on a car, and 8% on education - either for themselves or the kids.
DRIVERS could waste £1.3 bn a year by failing to shop around for the best value motor insurance, says Bradford & Bingley which has just launched a new broking service for the sector. Get a quote on 0800 316 3467.
GUARANTEED Income Bonds issued by life companies and available through financial advisor Baronworth (020 8518 1218) on minimum £5,000 lump sums start at 3.43% for one year; 3.82% for two; 4.32% for three; 4.31% for four and 4.25% over five. Baronworth says demand is strong because of deep mistrust in equities.
STOCKBROKER and wealth manager Charles Stanley has published an in-depth guide to venture capital trusts for investors and their advisors. The report is available free in electronic (PDF) format through katie.thompson @charles-stanley.co.uk. Subject to availability, hard copies are available to investors or advisers by phoning Katie Thompson on 020 7953 2457.


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Windows 10 quick guide from Microsoft got leaked online today. It details all the new features added in Windows 10 from Cortana to InstantGo. If you are new to Windows 10, just read this one document to know all about Windows 10.
Tested by millions of users who provided input and ideas, Windows 10 combines familiarity, speed and innovative new features – including a digital assistant and a brand-new browser – with the bedrock strengths you expect from Windows, like superior security and compatibility. And for the first time ever, you get free, automatically-enabled updates that help keep your systems current.
The result is a new Windows experience that’s fresh yet familiar – and is great for helping you stay organized, have fun, and get things done.
Read it online below.
Download it here for free.


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The stocks were moved to a lower open value as concerns about the Covid-19 Delta variant continued to mount and retail sales came in weaker than expected.
Dow Jones industry average
fell 354.62 points, or 1%, while the
fell 0.8% and the
Markets have been concerned about the Delta Tribe disrupting both global demand and supply chains. In New Zealand, the government announced a three-day lockdown after a new case was discovered. In China, shipping continued to receive support after a Covid case was reported in one of its ports. And the US has established the need for booster shots as Florida, Louisiana, Hawaii, Oregon, and Mississippi set Covid case records.
“US futures are lower this morning … while delta concerns remain,” writes Tom Essaye, founder of Sevens Report Research.
Elsewhere, US retail sales fell short of expectations. They fell 1.1% m / m in July, worse than the estimated 0.3% decline, raising concerns that the U.S. consumer may be starting to pull back due to Covid. “The 1.1% m / m drop in retail sales in July could be a sign that the rapid spread of the delta coronavirus variant is convincing some consumers to stay out of public spaces again and is consistent with a self Real consumption growth slowed sharply in the third quarter, ”writes Andrew Hunter, senior US economist at Capital Economics.
Here are five stocks moving in Tuesday’s pre-trading session:
(TSLA) shares fell 3.1% after the electric vehicle maker’s CEO Li Xiang
(LI) said the industry should restrict the use of autonomous driving terms. The Li share has changed little.
(WMT) stock rose 0.6% after reporting earnings of $ 1.78 per share, beating estimates of $ 1.57 per share on sales of $ 141 billion and thus exceeded expectations of $ 137 billion.
(SE) The stock rose 4.4% after reporting a loss of 61 cents per share, which on sales of $ 2.3 billion was worse than estimates of a 49 cents loss and above expectations for $ 2 billion.
(APP) shares rose 7.6% after upgrading from underweight to equal weight at Morgan Stanley.
(BABA) is down 4% after Chinese regulators announced that they will continue to target competition and data security.
Corrections & reinforcementsThis article looks at what’s going on in the stock market on Tuesday. A previous headline said Monday.
Write to email@example.com


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By Harsh Pandey
As the United States backs out of an excruciating, work murdering period of social distancing and staying at home...........
By Linnea Ellery
The unveiling of Apple's iPhone 2020 models in September of this year, has gathered numerous hearsay for its features. The to be released Apple's smartphone ......
23 days ago
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Fox International Channels (FIC), in its bid to strengthen its management team in Hong Kong and Southeast Asia, is further building up its pan-regional advertising sales capabilities to drive local market growth following a year of good business performance in fiscal 2010.
Simeon Dawes has been made Senior Vice President, Fox One Stop Media (FOSM). The role is based out of Hong Kong office and Dawes will lead FOSM’s network of advertising sales representatives across 10 Asian offices. With 17 years in this industry and having performed roles at advertising agencies, such as McCann Erickson and DDB, Dawes will now report to Zubin Gandevia, Chief Operating Officer, as he replaces Jonathan Ellis in the new role.
Gandevia, COO, Asia, Fox International Channels, said, “Fox International Channels dominates television viewing across the globe with its distinctive content, strong channel portfolio anchored upon well-recognised brands and valuable affiliate partnerships. The guiding principle of FOSM is to create a bridge that connects our consumers across the globe with our advertisers. FOSM aims to go beyond the 30-second spot and offers a mix of on-air, off-air and online solutions to meet advertiser needs. In addition to delivering world-class products, we believe that we also need the right structure and people to deliver solutions to our clients. The changes help us do just that.”
Meanwhile, Rajesh Sheshadri in his dual role will head a newly-created Trade Solutions division within FOSM and will also perform the role of the Territory Head of FIC’s flagship market of Hong Kong. The veteran has been transferred to Hong Kong after five years at FIC in India. He brings in 12 years’ industry experience and has developed some of India’s highest profile TV, radio and print media.
Jude Turcuato will continue to lead as Territory Director for the Philippines and will now report directly to Gandevia. He will continue to create opportunities in terms of localising the channel portfolio and driving local affiliate and advertising sales.
Yvonne Tay, former Vice President, Advertising Sales & Partnerships, will move to Singapore as Vice President and Territory Head - Singapore to further build FIC’s leadership in Southeast Asia. She will report to Avi Himatsinghani, Senior Vice President and General Manager, Southeast Asia.


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Australia’s best-known conglomerate really had no business turning in such a stellar set of results on Friday.
Firstly, it’s heavily exposed to the consumer discretionary sector – a notorious laggard during troubled economic times. And it’s such a diverse organisation, with one side of the company flogging cheap apparel to the masses, while the other prepares to sell its first lithium in the first half of FY24. But it delivered a comprehensive result on Friday, beating analyst expectations on NPAT, revenue, and EBIT while also upping its FY dividend by 6%.
For MPC Markets' Mark Gardner, the only surprise from the result was its uniformity across such a mixed bag of business units. He minces no words in his assessment: “A solid result from a solid company.”
“It’s an impressive result for such a diversified business, which really goes to show the quality of its management,” Gardner says.
Mind you, this isn’t a “humble brag” from someone who’s long the stock in question. WES isn’t even in the MPC Markets portfolio (nor are any consumer discretionary stocks...yet).
In the following Q&A, Gardner provides his insights on the result, including whether he regards the company as a Buy, Hold or Sell.
Note: This interview took place on Friday 25 August 2023.
Net profit after tax: $2.46 billion +4.8%
Group EBIT: $3.86 billion +6.3%
Total revenue: $43.55 billion +18.2% ($38.23 billion +7.4% excluding Wesfarmers Health)
Earnings per share (CPS): 217.8 +207.8
Dividend (fully-franked): $1.91 +6%
A solid result from a solid company. Management has yet again shown they’re a cut above.
On a day when the market was a sea of red, I think the market reaction was very positive and I think that’s appropriate. Wesfarmers has managed to post solid results across all business segments, which is impressive for such a diversified business. It really goes to show the quality of its management.
It was a little unfortunate that they had to report on a day with such a weak lead-in from offshore when the NASDAQ turned around 2% amid broader offshore market weakness. If not for that, the result could have been 2% or 3% higher.
Not really. The only surprise for me was just how uniformly solid the result was.
It’s such a diversified business that to achieve such uniformly great results across every business segment is super impressive.
For example, they’ve had the recent acquisition of API [Australian Pharmaceutical Industries] which was bolted on recently; they’ve got a lithium mine; retailers in hardware, and then Kmart, Target and the like.
The businesses aren’t like for like but they’ve applied their management and business model across each of those and achieved a really good result. There are plenty of companies out there that haven’t got it right this earnings season and yet only have one thing to concentrate on, let alone six or seven different things.
The way they’re able to just bolt on businesses, apply their methodology and then improve them. In terms of long-term growth, if they have an acquisition, it’s almost always a positive thing.
They’ve managed through COVID and the lockdown that really hurt Kmart and Target, but their cash flow is now above $3.6 billion again. They just always seem to navigate the storm, no matter what the storm is.
Wesfarmers is increasingly becoming far less cyclical and far more of an all-weather stock.
We’re pretty reticent to add consumer discretionary to our portfolio, it’s not a sector we hold at all currently. But it’s our preferred company in the sector.
On the back of this result, It’s definitely a hold but given our outlook, we’d be looking to add to that position on any sort of weakness. It’d be one that we’re very primed to try and buy the dip on and hold as a long-term pick.
It won’t be immune to the broader market weakness we’re expecting in the back half of the year but…it’s the first consumer discretionary stock we’ll be adding to the portfolio on any weakness.
If you’ve got it, hold it. If you haven’t, I’d have an itchy trigger finger to buy it.
We think interest rates will be higher for longer, with the savings rate (of consumers) running out. But in a weird way, that might actually benefit Wesfarmers because of the budget brands they own.
We’ll probably see a lot of switching from premium brands into discount brands like Kmart, Target, and Bunnings, which seems to be bulletproof.
I don’t think they’ll get the pullback of the likes of Harvey Norman (ASX: HVN) or Adairs (ASX: ADH), with those big ticket items where people can delay those purchases until they solidify their household budgets.
The retail businesses WES owns are at that discount end and are generally [where people make] small purchases, so should weather the storm better than most of the sector. And they’ve got other interests too, including the Bunnings real estate, the lithium interests coming on board [with production] in CY24, so I think these guys will be the pick of the litter.
In terms of risks, any potential write-down of the BWP Trust assets will hurt the share price, as will any broader weakness in consumer discretionary. No stock is immune to broader market weakness.
And if we get a soft-landing scenario [for the economy] and this is as bad as it gets, we would be at full allocation in Wesfarmers. Our only hesitancy is the higher interest rates for longer and the downturn in the economy, where consumer discretionary and real estate are two of the worst-performing sectors.
The risk is that it gets swept up in that broad negativity but I think that then just provides a buying opportunity.
Rating: 3.5 - 4
We’re very cautious and are probably the most defensive we’ve been in a long time. We’ve got a heavy allocation to fixed income and are currently getting paid relatively handsomely to sit on the sidelines. For example, in banking hybrids, where we’re getting over 7% without taking much risk.
In the likes of companies like COL, WOW, TLS, a lot of those defensive names that people used to own amid higher interest rate environments, the yields just aren’t good enough any longer for that. Average P/Es in these names during the 2000s was under 20 but they’re now averaging over 27.
If there’s any economic slowdown, we’ll embrace the downside and go shopping for stocks to hold for the long term. It could be one of the next opportunities over the next five years to get involved in stocks at cheap prices.
This article was first published for Livewire Markets on Friday, 25 August 2023.
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text: Lifestyle Food DiGiorno Pizza Roasts Papa John's After CEO Blamed Low Sales on NFL Protests The pizza chain wars have begun. By Collier Sutter Published on November 3, 2017 01:06 PM Share Tweet Pin Email Photo: Jb Reed/Bloomberg/Getty The pizza business is joining forces to savagely roast Papa John’s. After Papa John’s founder and CEO John Schnatter slammed NFL leadership, blaming athlete protests for causing a drop in their pizza sales, things got a little heated in the Twitterverse. One of the loudest critics was frozen pizza brand DiGiorno, who took to Twitter to respond to Schnatter. To their 113k followers, DiGiorno first responded via emojis to indicate that their sales didn’t experience the same negative effects. With Papa John’s slogan being “Better Ingredients. Better Pizza. Papa John’s,” DiGiorno also couldn’t resist playing around with their tagline in a follow-up tweet. Restaurants Are Boycotting the NFL and Refusing to Show Games in Support of the National Anthem: RELATED: Restaurants Are Boycotting the NFL and Refusing to Show Games in Support of the National Anthem The account even briefly changed their Twitter bio to read: “Better Pizza. Better Sales. It’s DiGiorno.” WATCH: Food Hack: Make Stuffed Crust Pizza The frozen pizza brand is not the only one speaking out. Business Insider reported, that Greg Creed, the CEO of Pizza Hut’s parent company Yum! Brands, commented that the chain was “not seeing impact on any of that on our business.” Since the 2017 season began, the NFL protests have sparked a national political debate, with countless celebrities standing in solidarity with the players kneeling during the anthem, while others—like President Donald Trump—call the movement unpatriotic.


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The issue of a universal smartphone charger has become a horse chestnut over the years, repeated from time to time to indicate the few progress made by manufacturers. But this time the Commission wants to take over the file.
Margrethe Vestager, Commissioner for Competition, does not go far: " In light of the unsatisfactory progress of this voluntary approach, the Commission will shortly begin an impact study to evaluate the cost and the benefits of various other options. "In other words, since 2009, manufacturers have had enough time to reach a single solution. And since everyone goes there from their different ports (USB-C, Micro USB, Lightning port at Apple, etc.), Will the Commission re-engage. Who knows ultimately a law that requires manufacturers to adopt the universal charger.
Next year, it will be ten years since signing a memorandum of signature between 14 smartphone manufacturers (Apple, Nokia, Samsung, LG, Sony Ericsson, …). The chosen port was the micro USB, with an introduction for 2011. Six years later, Apple had its own 30-pin port for … the Lightning port (currently used), and some manufacturers have went to the USB-C. Regarding the signed agreements, they were renewed in 2012, 2013, 2014 and 2017, with few signatories less each time.
In addition to the convenience of having only one type of charger for multiple devices, or even avoiding a fortune in approved cables (such as at Apple, with cables that can be very expensive), this is especially the reduction of the amount of waste that is important. In 2009, when the first agreement was signed, the European Commission regretted 51 000 tonnes of waste per year, only by transmitters.


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Heinz (yes, the Heinz behind the famous Ketchup) just opened a “welcome home lounge” at London Gatwick Airport. According to Heinz, passengers returning home love settling in a relaxing homely atmosphere stocked with Heinz products.
In a way they are right – as a kid growing up in the UK, Heinz Baked Beans were to me what Mac and Cheese is to American kids. But to be honest, after a long vacation, sitting down for some baked beans at the airport probably isn’t too high on the list of “things to do”.
Still, you have to compliment them on their creativity. Amazingly, Heinz wants to take things to the next level by introducing an assortment of products to the arrivals shops at the airport – because obviously, nothing says “welcome home” more than shopping for beans and pork sausages at the airport.
(Image from thisiscow / Flickr.com / Creative Commons via Fox News)


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Digital TV News: Constantinos Moraitis
ERT upgrades OTT platform with Telmaco and Insys VT
Jan 10, 2022 – Greek state TV broadcaster, ERT, has launched the latest version of its ERTFLIX OTT platform. The new backend implementation and updated interface are the result of cooperation with Telmaco and Insys Video Technologies.
News categories: Insys Video, Telmaco, ERT S.A., Ernest Kałaczyński, Constantinos Moraitis, Ioannis Vougiouklakis, Content Distribution, Digital TV, Greece, Streaming, UX
Forthnet deploys Zenterio OS across legacy and next-generation STBs
Sep 12, 2017 – Zenterio has announced that Forthnet has deployed Zenterio OS on STBs for its satellite pay-TV offering. Thanks to the flexible, modular design of Zenterio OS, Forthnet successfully added new services to its legacy boxes, while retaining the look and feel of the existing UI.
News categories: Zenterio, Forthnet, Jörgen Nilsson, Constantinos Moraitis, Digital TV, Greece, IBC2022, Middleware, Satellite, Set Top Box, UX
Greece's Nova chooses Harmonic headend for DTH
Mar 3, 2015 – Harmonic (NASDAQ: HLIT) has announced that Forthnet, the company that owns Nova, the largest pay-TV satellite platform in Greece, has chosen a high-end compression headend with video analytics from Harmonic to support its direct-to-home (DTH) SD/HD service.
News categories: Harmonic, Nova, Forthnet, Ian Graham, Constantinos Moraitis, Content Distribution, Digital TV, Greece, Satellite
Forthnet selects Irdeto to secure DTH offering
Aug 20, 2014 – Irdeto and Nova, the satellite pay TV platform of Forthnet, a leader in the pay TV market in Greece and Cyprus, have announced that they have worked together on the transition to a fully-secured direct-to-home (DTH) base.
News categories: Irdeto, Forthnet, Constantinos Moraitis, Richard Scott, Conditional Access, Digital TV, Greece, Satellite
- Vodafone Portugal to acquire Nowo
- Eurofins divests Digital Testing business
- Smart Home device growth slows along with global economy, says IDC
- U.S. streamers now only spend 1 in 3 hours using traditional platforms
- ContentBay launches, bringing content licensing into the digital era
- Qualcomm and Rohde & Schwarz unveil 5G Broadcast system at IMC22
- BIA/Madhive report examines growth in US OTT ad spending
- Roku enabled for four-screen measurement in Nielsen Total Ad Ratings
- Online video advertising to generate three times more revenue than SVOD in 2027
- FreeWheel and Comscore launch Connected TV contextual targeting
- Set-top box market contraction will stabilize post-2024
- Red Bee, Nowtilus and Equativ launch FAST channels on LG Smart TVs with High View
- Pixalate releases H1 2022 CTV ad supply chain trends report
- Amazon upgrades Fire TV Cube and Alexa Voice Remote
- Metaverse device installed base to reach 100 million in 2024
- Smart speaker shipments exceeded 33 million in 2Q 2022
- iWedia to deliver Live TV app for Google TV and Android TV devices
- 35 million US internet households interested in cloud gaming subscription
- Japan SVOD revenue to grow at 10.1% CAGR during 2022-2027
- DAZN acquires Eleven Sports and Team Whistle


text: Smart Phone Wars: No Longer A Popularity Contest, May The Best Product Win Real Reviews October 11, 2012 People & Brands views: 2569 Apple is pricey. Apple is cool. But it can no longer rest on its laurels, as the badly timed launch of the latest iPhone 5 clearly showed. The Samsung GALAXY S III had arrived only four months prior to the iPhone 5. And Apple, unable to match the hype it generated around its October launch, ended up making Samsung’s offering look even better. This major blow to its image is something Apple will have to contend with for a long time to come and at the cost of losing some of its former loyalists to competitors like Samsung. Suresh Jadhav, a chemical engineer and former VP of an Indian transnational company and currently owner of an SME dealing in environmental protection, is an iPhone 3S user. But he appears to be on the brink of changing loyalties. Suresh hopes an ‘iPhone 5S’ comes along and betters the GALAXY S III. Because currently, he contends, going by the reviews, the S III seems to have an upper hand, both in terms of features and usability. Some of his friends, also Apple users, have already made the switch to the S III. So what’s making Suresh wait and watch? A former hardcore Nokia user, Suresh once used value-for-money, functionality and sturdiness as three major parameters to judge a phone by. That was until the iPhone 3S was announced in June 2009. Lured by the touch screen experience, features and the overall glossiness of the iPhone, Suresh took the plunge. Dumping his N96, he entered the world of smart phones with the best it had to offer. Three years later, as the novelty of owning an iPhone has worn off, Jadhav is back to assessing phones based on user opinions – both online and offline – and not brand power. At the same time, his Nokia days are clearly behind him. Like Suresh, a lot of tech watchers who have seen the meteoric rise of the iPhone and are now witnessing the beginning of its decline, expect to be awed by the smart phones that come in its wake. And it’s already started with the GALAXY S III. Suresh knows well that the smart phone war, no matter how close and fierce, is tilted in his favour. He is the fence-sitting consumer who is aware of the power he wields, and does not pledge his loyalty to brands easily. Once a slave to their wiles, Suresh is now the master that the Apples and Samsungs of the world have to please. How the tables have turned.


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News - Toyota
Toyota gets back on the gas
$20 billion profit brings Toyota out of hibernation and into new growth era
12 May 2015
TOYOTA Motor Corporation (TMC) has stepped back on the accelerator – gently – after regrouping to record a whopping ¥2.17 billion ($A20 billion) profit – one of the biggest in Japanese corporate history – in its latest 2014-15 financial year.
The Japanese giant is now preparing to launch the first of a new breed of vehicles on its newly developed Toyota New Global Architecture (TNGA) in the second half of this year, while at the same time resuming the expansion of its production base with new factories in Mexico and China.
Three years ago, the company called a self-imposed breather in its growth strategy as it sought a more sustainable growth path in the wake of its first loss since 1950 in the fallout of the global financial crisis in 2010 and, more recently, the stings and blows of the safety recall scandal.
But after announcing a 19.2 per cent increase in net income in the financial year ending March 31, TMC president Akio Toyoda on Friday said the new financial year would mark a turning point for the company.
“Let me reiterate that we are entering an important phase that will call into question our two main drivers in achieving sustainable growth: building ever-better cars and strengthening our team,” he said.
“We will start launching TNGA vehicles from the second half of this year and by 2020, TNGA vehicles will account for roughly half of our global new car sales.
“Our new competitive production facilities will come online from around 2018 to 2019, and our initiatives to smartly build attractive cars will finally be implemented.”
Mr Toyoda said the new factories would employ innovating production technologies developed during the three-year pause.
“In this way, we intend to create plants instantly renowned for their competitiveness,” he said.
Mr Toyoda said a reorganisation of Toyota’s executive structure meant divisional leaders were closer to the front lines, while more non-Japanese leaders had been appointed to senior positions.
“They will be able to make swift decisions based on ‘genchi genbutsu’, or hands-on knowledge of the situation on the ground,” he said.
“They will also introduce new values and ideas to Toyota. They will be agents of change.”
Despite the profit improvement, Toyota motor vehicle sales fell by 144,169 units to 8.97 million, with stronger sales in North America and Europe offsetting declines elsewhere.
The biggest sales fall was recorded in the Japanese domestic market, where volume slid by 211,000 units, to 2.15 million vehicles.
Asia, including China, was the other blot on the Toyota sales ledger, with sales down 120,000 vehicles, to 1.49 million.
Revenue rose 6.0 per cent, to $A290 billion, thanks to cost-cutting measures and more favourable exchange rates.
The company has forecast a slight drop in sales in the current financial year, due to global market conditions, but with a slight improvement in both revenues and profit.
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China from the 1970s began to develop the robot, after 40 years of development, the main robot products have achieved production, industrial robot manufacturers are beginning to take shape. According to the Chinese Robot Industry Association statistics, in 2014, China’s industrial robot sales amounted to 56,000 units in 2013 had surpassed Japan to become the world’s largest producer of robots. From the application type of view, in 2013, handling robots become the largest domestic sales of robots, came in second place is the welding robot, equipped with robots also show rapid development. International Federation of Robotics, said a report released in the future for a long period of time, China will continue the rapid growth of domestic demand robot, the annual growth of more than 25%, to 2017, sales in China will reach 10 million units robots, industrial robots China ownership will exceed 40 million units. In 2013, the Ministry issued the “Guiding Opinions on Promoting industrial robot development”, by 2020, must form a complete industrial system of industrial robots, high-end products, market share increased to 45%, the robot density (per thousand employees several robot) from the current less than 30 to 100 or more.
Although China has been rapid development of the robotics industry, but compared with developed countries, there is still a gap. Data show that the robot density of less than 30 from the average level is still lagging behind the world’s 62. Own brand products also can not meet the requirements of the various areas of national economic development. 2013, China’s own brand of industrial robots in the low-end coordinate robot, a plane-based multi-joint robot, the proportion of high-end six-axis robot in the world less than 6%, while foreign brands of multi-joint robot robot sales in China accounted for the proportion reached 62%.
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Good Friday is the day in which Jesus’ crucifixion occurred. In Christian tradition, this day commemorates how Christ died for the sins of humanity and will ultimately result in salvation for all those who believe. This event allowed humans to take on a vertical relationship with God instead of being reliant upon their own merits or efforts to merit favor from him.
Good Friday is a day of the year when postal service is not delivered. It is also known as “Good Friday”.
Check out the sites below if you’re searching for “does the mail run on good friday 2016”:
https://www.nj.com/news/2016/03/good_friday_2016_whats_open_whats_closed_banks_pos.html The U.S. Postal Service will be delivering mail on Friday and its offices will open. UPS and Fed-Ex will also work on a normal schedule. Although …
Does the USPS’s Sunday delivery schedule imply that the post office will be open on Easter? … Post offices are open as usual on Good Friday, April 10; Easter Saturday, April… Except for specialized services like UPS, UPS typically doesn’t operate on Sundays. Tuesday, March 22 at 8:36 a.m.
Do you get mail on Good Friday?
Additionally, the eight P&DCs did not include all late arriving mail in … We projected that nationally from March 1, 2016, through February … We plan to look at the Informed Visibility system’s delayed mail reporting in future audit work. … mail last Friday, and it may have been delivered but they do not have a …
Is the post office open on Good Friday? Does the mail run on that day?
Updated: USPS receives $25 billion under the House’s coronavirus spending measure, erasing all of its Treasury debt
The transportation system will run on schedule. Seating is restricted in New York City since most of them are mail runs. Good Friday: The summertime calendar.
Check USPS to see whether your item or mail has tracking before you start your search. If the driver made a mistake, UPS will make every effort to retrieve the goods or… A. On Friday, March 30, the second portion was despatched two days after the first. and more Oct 06, 2016 · The UPS “Peak” season typically lasts from mid-October until early-November.
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Speaking of tracking, I can follow packages shipped to me using the USPS website. Susquehanna Township SCF Mail sent on a Friday or Saturday before 16:00… 2020 “They will retain the mail” if postal distribution stations are operating behind schedule. and the Charlotte post office/distribution center site • January 20, 2016 The thing I do is
- is there mail on juneteenth 2021
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Increasing consumption of fruits and vegetables can not only have a major impact on physical health, but on mental well-being as well, according to the results of a recent study.
While the effects of a healthy diet on physical health are already well established, recent evidence has begun to suggest that mental well-being could benefit from increased fruit and vegetable consumption as well.
In order to further explore this potential relationship, researchers used data from the UK Household Longitudinal Study, which contained approximately 50,000 individuals collected in 7 mainstage waves from 2009 to 2017. Specifically, they made use of data from participants in waves 2, 5, and 7 of the original study.
“The key advantage associated with the longitudinal nature of our dataset…is that we can relate changes in fruit and vegetable consumption to changes in self-reported well-being for the same individual over time,” the researchers explained.
The main outcome of the study was mental well-being, measured using the General Health Questionnaire 12 (GHQ-12), a screening instrument for psychiatric disorders and a measure of general mental well-being.
Overall, fixed effects regressions showed that mental well-being was impacted in a dose-response fashion to the increase of both quantity and frequency of fruit and vegetable consumption.
“These findings…could have important implications for public health practitioners, especially given the low rate of adherence to the national [nutritional] guidelines, as it suggests that even modest changes in the consumption patterns of individuals may translate into substantive positive effects for the well-being of large cohorts of the population.”
Ocean N, Howley P, Ensor J, et al. Lettuce be happy: A longitudinal UK study on the relationship between fruit and vegetable consumption and well-being [published online January 7, 2019]. Soc Sci Med. https://doi.org/10.1016/j.socscimed.2018.12.017.


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Well known and widely respected privacy expert and advocate Simon Davies has announced the creation of a new global initiative that's aimed at supporting the world-wide fight against unlawful and excessive government surveillance.
The Electronic Frontier Foundation (EFF) launched its updated Surveillance Self-Defense report, a comprehensive how-to guide to protecting yourself from electronic spying for Internet users all over the world.
The Tor Project has released version 4.0 of its popular eponymous browser that allows users to use the Internet anonymously and privately, and to circumvent online censorship and surveillance efforts by various countries.
Researchers looking into the mobile malware attack directed against Hong Kong protesters using Android devices have discovered that the attackers can also target iOS device owners - if the device is jailbroken.
Seagate released a dedicated surveillance HDD featuring Seagate Rescue services.
Reading our newsletter every Monday will keep you up-to-date with security news.
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Wednesday, February 28, 2007
Testimony before House Appropriations Subcommittee on Financial Services Underscores Challenges Facing Agencies
(Washington, DC) –Today Consumers Union called for increased funding and better oversight of the Consumer Product Safety Commission and the Federal Trade Commission in their mission to protect consumers. In testimony before the U.S. House Appropriations Subcommittee on Financial Services and General Government, CU testified that the complexities of today’s global market and emerging technologies require aggressive and well-funded consumer protection agencies.
“The CPSC must have the resources needed to inform and safeguard the public from new and emerging hazards,” said Janell Mayo Duncan, Senior Counsel for Consumers Union. “The agency needs a larger budget and more staff to protect consumers from the flood of dangerous imported products and to strengthen the recall process for unsafe products.”
CU is concerned that the CPSC will not be able to adequately address such high consumer priority areas as drowning, all-terrain vehicle safety, ladder safety, and the dangers that could be associated with the use of new technologies—particularly nanotechnology.
Ms. Duncan also addressed the need for the Federal Trade Commission to do more to inform consumers about their rights under state laws to protect their personal financial information. Duncan also called on the FTC to thoroughly and impartially evaluate competition in broadband and online markets and to prevent discrimination against online content.
“Congress needs to adequately fund these consumer agencies so they will be equipped to address existing and emerging consumer problems. But added resources will not be enough. Congress needs to step-up oversight and the agencies need to better use resources to protect consumers now and in the future,” said Duncan.
For a complete copy of the testimony, click here
Jennifer Fuson, email@example.com
or Janell Mayo Duncan, 202-462-6262


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Gov. Imee Marcos bats for long term food sufficiency “Cheap and Sufficient food for the Filipino family”
Ilocos Norte Gov. Imee Marcos lauded the Duterte Administration for fast tracking rice importation that will ensure abundant supply and cheaper prices of the commodity.
“The inflow of the fourth quarter palayharvest will further increase supply to put a brake on the price spiral of rice until the first quarter of 2019,” she said.
She believes, however, that “palliative solutions and seasonal upticks in rice production offer only temporary relief” from high prices.
“Pansamantalang solusyon lang ito,” she said, “Kung mangyari uli, dapat handa tayo. [“It is just short-term comfort. If it happens again, we should be ready.”] We need long term solutions to protect our people, especially the poor who constitute more than 75% of our population, from the inflationary shocks of high food prices in the future,” she added.
“Food abundance must be our goal – food supply must be more than sufficient to keep food prices within easy reach,” she explained. “Sapat at murang pagkain para sa bawa’t pamilyang Pilipino ang dapat nating atupagin”, she declared. [“We all must work to attain cheap and sufficient food for every Filipino family.”]
Gov. Marcos believes that the key is sustained high agricultural productivity, complemented by efficient distribution and marketing systems with the needed agri-infrastructure support, and rationalized food importation policies and strategies.
“Masaganang mga bukid ang siguruhin natin. [Abundant farms must be our priority.] We must provide full support to farmers from farm implements, seeds, fertilizers, irrigation, farm to market roads and credit facilities. They must be able to quickly sell their products in the market at fair prices. We also need to step up agri research to help farmers produce high yielding crops,” she said.
She laments that in the past two decades, IRRI produced high yielding strains of rice but these were not distributed to farmers to help them increase their earnings.
“This is why we poured local government support to farmers in Ilocos Norte, including the needed infrastructure,” she said. “We buy rice directly from the farms at the right price and sell them at the same price in our Kadiwa stores.”
“If the Ilocos Norte provincial government can do it, we can do it in other provinces as well. Let’s make agriculture great again!”
The Governor also called for policy reforms in food importation including loosening up the graft-prone control of NFA over rice importation that brought about the evils of hoarding and high prices.


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BCNA and Sussan have been proud partners since 2005. In that time we have developed many beautiful gifts, but this year, we’re taking it to a whole new level.
This October, look out for The Pyjama Project, an exclusive collection of unique sleepwear which directly supports BCNA.
The Pyjama Project 2020 features two exclusive designs and prints created by an artist who has been through her own breast cancer diagnosis, Lisa Sewards.
The Sussan campaign heroes the real, human faces of breast cancer and the network of friends and family supporting their journey, with Kimmie Jonceski and BCNA Board member, Lisa Montgomery fronting the campaign.
Since her breast cancer diagnosis in 2005, designer and artist Lisa Sewards has been a fervent supporter of BCNA. She began helping and giving back by writing a book to help parents talk honestly with their children about breast cancer. Entitled My Mum has breast cancer, Lisa wrote the story through the eyes of her son Harrison, who was aged six at the time.
The Pyjama Project collection will be available in stores and online from 7 October 2020.


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Startups' revenues rise on growth of online shopping across urban India
These firms — most of which are less than 2 years old, employ fewer people and offer negligible discounts — are growing their revenues by over a quarter every month as they benefit from the rise of online shopping across urban India.
BANGALORE: Innovative technology, combined with premier customer service and exclusive products, is helping young online fashion portals grow fast by burning less cash than older, more-established rivals.
These companies — most of which are less than two years old, employ fewer people and offer negligible discounts — are growing their revenues by over a quarter every month as they benefit from the rise of online shopping across urban India.
“We are targeting the more evolved customers who have shopped online and are aspiring for a better experience,” said Arun Sirdeshmukh, cofounder of Fashionara, a multi-brand fashion portal that expects revenue of Rs 100 crore next year.
The online retail site, where an average order size is about Rs 1,800, offers a video catalogue, interactive product displays and a loyalty programme. Customers get athome trials, alterations, same-day delivery and instant exchange for a range of premium products. Fashionara, which employs about a 100 people and has raised less than $10 million since its launch 15 months ago, is building a business model based on tight control of costs. Most deliveries to customer homes are handled by the company itself.
“Own delivery costs are lower than third party,” said Sirdeshmukh, who was earlier chief executive of Reliance Trends. “Courier companies charge 2-8% of the product cost as charge for cash-ondelivery,” he said. This combination of specialised services and low-operational costs is creating a new model for online fashion portals that requires less capital. Fashionara and other specialised fashion portals such as Limeroad and Zovi have collectively raised about Rs 280 crore.
“The fashion category lends itself well to differentiation,” said Bejul Somaia, MD at Lightspeed Venture Partners, an investor in both Fashionara and Limeroad. In contrast, market leaders like Flipkart and Snapdeal, which hawk multiple products, have used up far greater amounts. Flipkart, which aims to cross $1 billion in sales by 2015, has raised over Rs 3,400 crore of equity capital since its launch in 2007.
Snapdeal, which is set to cross $500 million in revenue this fiscal, has raised over Rs 620 crore since 2010. “There is now space for players who are willing to settle for a slightly lower growth rate so that they can focus on bottom line and steady growth,” said Pragya Singh, associate vice president of retail at advisory firm Technopak. Two-year-old Zovi is creating an online-only fashion brand by manufacturing and retailing its own apparel and accessories.
Manish Chopra, CEO of Zovi, said the company, unlike most brands, does not follow seasons. “We follow the fast fashion model and introduce new styles and products every week,” said Chopra, who was earlier chief operating and marketing officer at Microsoft-Indonesia. Zovi plans to earn $250 million in revenue in three to four years.
Limeroad, on the other hand, is a social shopping site aimed only at women and follows a managed marketplace model. Over 50% of products on Limeroad are only sold online on the site. The company also allows users to create “scrapbooks”, where they can put together various items like a dress, footwear and accessories to create a “look”. Users can then share these scrapbooks and individual products with friends on Facebook and even get monetary rewards when products are sold through their scrapbooks.
“Our cost structure is fundamentally different from old-school ecommerce,” said Suchi Mukherjee, cofounder of Limeroad. Over 300 vendors who sell on the portal hold their own inventory and handle shipping. Limeroad, which counts former Facebook engineering manager Prashant Malik among its cofounders, closely tracks the entire backend process.
“We have negative working capital needs as we pay the vendors after we collect from our customers,” said Mukherjee, 40, a former employee of eBay and Skype, who declined to reveal the company’s revenues. The companies also keep marketing spends low.
“We do not follow the ‘spray-andpray’ approach followed by many online companies. We will not do campaigns that do not have high return-on-investment,” said Zovi’s Chopra, which has about 140 fulltime employees and about 150 contract workers. “This business needs smart people, rather than a lot of people.”
In an interview with PTI, Lulu Group Chairman and Managing Director M. A. Yusuff Ali said the company had committed an investment of around Rs 4,500 crore for the development of five shopping malls in India in the first phase of expansion in the country and out of the five, the three malls have already become operational at Kochi, Thrissur and now Bengaluru.
The Mumbai centre will house 72 international and Indian brands, 27 culinary outlets with cuisines from across the globe, an open-air weekend community market, pet-friendly services, according to the company's statement.


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MINNEAPOLIS – Carlson, a global hospitality and travel company, today announced its support of the International Federation of Red Cross and Red Crescent Societies (IFRC) and American Red Cross’ recovery efforts in Japan by pledging funds of up to USD 200,000. Carlson Wagonlit Travel®, a global leader specializing in business travel management has donated USD 100,000 to the IFRC, and The Carlson Family Foundation, on behalf of Carlson, will match donations made by guests, customers and employees up to USD 100,000 to the American Red Cross.
Carlson guests, customers and employees can visit www.ifrc.org or American Red Cross http://american.redcross.org/carlson-pub to make their donations or visit www.carlson.com for more information. Carlson currently operates 57 hotels in Asia Pacific, including the Radisson Hotel Narita, Chiba, Japan. Carlson Wagonlit TravelSato Travel (U.S. Military & Government division) currently has 13 locations in Japan and JTB-CWT Business Travel Solutions offices have 436 employees and Travel Centers in Tokyo and Osaka. T.G.I. Friday’s has nine restaurants in Japan.


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January 29, 2020
Ring doorbell 'gives data to Facebook and Google', says investigation
An investigation claims Ring doorbells provide customer data to companies like Facebook and Google.
January 28, 2020
Google charging government for user data requests
Google will now charge for government agency requests for user data.
January 23, 2020
Google finds vulnerability in Safari privacy feature
Google researchers found a vulnerability with Apple's Safari browser.
January 20, 2020
Google and Alphabet CEO on AI regulation
Google and Alphabet's boss has called for AI regulations.
January 15, 2020
YouTube gets Subscription filters for iOS
Google has introduced the Subscription tabs on its iOS YouTube app.
January 15, 2020
Google Chrome's privacy changes coming this year
Google's Chrome team will start testing its privacy sandbox proposals later this year.
December 20, 2019
Regulator issues Google and Facebook warning
The Competition and Markets Authority has warned against a lack of competition for Google and Facebook.
December 19, 2019
Vivaldi browser pretends to be Chrome to bypass website issues
The Vivaldi browser disguises itself as Google Chrome to avoid issues online.
December 05, 2019
Alphabet CEO praises Google's co-founders
Alphabet's new chief Sundar Pichai has praised Google's co-founders Larry Page and Sergey Brin.
December 04, 2019
Google founders Larry Page and Sergey Brin step down
Google founders Larry Page and Sergey Brin are stepping down from their roles as Alphabet's chief executive officer and ...
December 02, 2019
Facebook allows users to transfer images to Google Photos
Facebook users will soon be able to directly transfer images to their Google Photos.
November 28, 2019
Murderer wins 'right to be removed' from online search results
A German man convicted of murder has won the right to have his name removed from online search results.
November 19, 2019
Google thinks Stadia sums up technological drive in video game industry
Google thinks Stadia is setting a technological precedent for the video game industry.
November 15, 2019
Google announecs RCS messaging update
Google has announced plans to update messaging on Android phones.
November 12, 2019
Google reveals badge plans for slow websites
Google has announced plans to identify and label slow websites.
November 11, 2019
Google to scan new Play store apps for malware
Google is set to scan new Play store apps for malware.
November 06, 2019
Original Google Pixel to get one last security update in December
The original Google Pixel smartphone will not be supported after one final update in December
November 01, 2019
Google buying Fitbit
Google is buying Fitbit for £1.6 billion.
October 28, 2019
UK banks warned over online crashes
A new report has warned the banking industry over frequent crashes of online services.
October 21, 2019
Google Pixel 4 Face Unlock set for update in 'coming months'
The Google Pixel 4 will be getting an update in the coming months to make Face Unlock more secure.
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Uprise.Africa, the SA-based blockchain micro-lending platform has decided to refund all the 288 shareholders who invested in their crowdfunding venture last year. The investment decision was arrived at by the 288 shareholders who took part in the startup Sun Exchange.
The blockchain-embedded solar panel startup had raised over R4.2-million in a campaign that ended on November 30. The startup made the unprecedented move after experiencing delays with the Reserve Bank and Companies and Intellectual Properties Commission (CIPC).
Many attribute the sudden steps to the African Crowdfunding Association (ACfA) announced a review of the company in their platform. The expose done by Ventueburn brought a lot of controversy over an alleged fake pledge given by Uprise.Africa.
In their recently released statement, the firm attributed the new development to the Covid-19 lockdown that limited access to government. They were at the last step of filing with the CIPC – right before a formal public offering. With that in place, they would have pursued a prospectus and subscription agreement.
Abraham Cambridge, Sun Exchange founder, communicated with Ventureburn acknowledged having discussions with the group last week. He gave credence to the announcement made by Uprise.Africa in regards to shareholder concerns, but also pointed out their delays in getting approvals from the SA Reserve Bank. The refund will now emanate from Uprise.Africa trust accounts. Abraham pointed out his displeasure on how ” the deal did not ultimately go through.” He expressed how Sun Exchange worked with Uprise.Africa to prepare a “prospectus and share subscription agreements.”
In a statement released yesterday, Uprise.Africa revealed that ACfA had completed its review and was “satisfied” with its performance. ACfA is yet to release a statement confirming the same.


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At CES 2020, Sunflower Labs launched its Home Awareness System, a three-pronged approach to home security that includes an autonomous drone, motion and vibration sensors and charging station.
The system’s motion and vibration sensors, called Sunflowers, are disguised as garden lights that constantly monitor a homeowner’s property. These sensors can differentiate between animals, cars and people and that information is displayed on a map in real-time. Meanwhile, the Bee is the autonomous security drone that navigates above a property in order to observe activity. The drone includes automatic deployment, autonomous flight, ultrasonic collision-avoidance sensors, GPS and live streaming video.
After its battery is drained, the Bee travels to the Hive, a weatherproof housing and charging station that keeps the drone powered up and safely stashed when not in use. It also provides the system with artificial intelligence (AI) data processing and analysis.
“Advancements in smart home security have been stationary or dependent on video cameras until now,” said Alex Pachikov, co-founder and CEO of Sunflower Labs, in a statement. “Thanks to the integration of AI and machine learning, homeowners can now have a truly smart security system that, over time, learns and reacts to its surroundings.”
If something strange happens on the property, an alert is sent to a homeowner’s mobile device where they can launch the drone and view real-time footage on the Sunflower Labs' app from anywhere in the world.
Sunflower Labs joins several of the smart home security and surveillance devices that have already been introduced at this year's CES to better protect homeowners and assets.
The security system is available for pre-order with delivery expected to begin in mid-2020.


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Retailers are hopeful there'll be a boost in spending after the election following July's disappointing results.
There was an overall rise in retail spending of 0.1 per cent, much lower than the 0.4 per cent economists were forecasting.
Department stores were hardest hit, with shoppers spending 7.9 per cent less than they did in June.
Australian National Retailers Association (ANRA) chief executive Margy Osmond said shoppers traditionally slowed down ahead of polling day.
"We're certainly hoping that after September 7 we see a surge in spending and when we come to talk about those September figures they're a bit more bullish," she said.
She also pointed to the move away from the single hit of mid-year sales.
"Those sales are now being spread more over the course of the year so there's less of a spike."
Spending on household goods rose 1.8 per cent, which Ms Osmond said was largely due to a housing-market boost thanks to interest rate cuts.
"People are clearly tidying up the house, with the prospect of perhaps selling it and moving onto another home," she said.
But she warned that cuts are taking longer to "filter through the economy" and produce an impact.
Overall total retail spending was $21.825 billion in July, up from $21.812 billion in June.


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More details have come out about the shutdown of FNBR Leaks, a popular site to find Fortnite leaks through game files.
After FNBR Leaks was forced to shut down when Epic Games threatened legal action, many people wondered if the rest of the leak sites would be next.
But according to Epic Games Community Coordinator Sean ‘MrPopoTFS’ Hamilton, it wasn’t the leaks that got FNBR in trouble.
Apparently, the site was promoting software tools that violated Epic Games terms of service. (TOS)
“The owner of this account and others promoted and advertised the sale of game modification tools which violate our terms of service, and this is not directly related to data mining or leaking,” MrPopoTFS said on Reddit.
This is great news for many other leak sites because they had to be worried if they would come next after one of the leaders in the space was forced to shut down.
Now, not only will the other leak sites not be targeted – assuming they don’t promote unauthorized software – a major gap in the market has just opened up.
The future will still hold plenty of new information coming from the in-game files, but it won’t be FNBR Leaks promoting it.
At the time of shutdown, FNBR’s twitter page had over 200k followers.


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The market has made mincemeat out of BYND in recent months.
However, with a strong plant based food markets, give it time.
According to analysts at Credit Suisse, plant based food could increase 100-fold to $1.4 trillion by 2050. In fact, they believe that a plant-based shift in global food systems in “inevitable,” as noted by The Beet.
Plus, we have to consider that plant based product demand is only getting stronger.
Right now, there are about 80 million vegans around the world. However, that’s not expected to increase, as millions, if not billions of people wake up to the health advantages.
Helping, Beyond Meat is inking major industry deals.
In January for example, it announced it was releasing its chicken alternative at Kentucky Fried Chicken. Even Panda Express and A&W Canada have released menu items with Beyond Fried Chicken. It even released “Beyond Italian Sausage Crumbles” at Pizza Hut in Canada.
Plus, McDonald’s is planning an expansion of its BYND plant based burger this year. “Any move by McDonald’s to sell a plant-based burger widely across its more than 13,500 U.S. locations could be a boon to plant-based meat makers generally and Beyond specifically,” says Reuters.
BTIG analyst Peter Saleh said he expects for the plant based burger to be in about 700 McDonald’s restaurants in February and March. He also sees a national rollout by 2023.
Tyson, Smithfield, Perdue, Hormel, and Nestle now offer plant-based products. Papa John’s now has over 500 vegan friendly stores across the UK. Subway launched meatless sandwiches. Chipotle Mexican Grill just announced a vegan, plant based vegan option. Even Cold Stone Creamery is introducing “Don’t Cry Over Spilled Silk,” a vegan ice cream.
With plant based food demand only likely to increase, BYND could be a top winner.


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A digital blogger revealed that the preparation work for the Huawei Mate70 series has been underway for some time, and the stock volume has increased significantly compared to the Mate60 series.
OPPO responds to rumors of suspending foldable screen project: Foldable series products are progressing as planned.
According to the latest supply chain news, Apple Vision Pro will be available for sale in the Chinese market as early as April, with a deadline no later than May.
According to Counterpoint, Huawei regained the top spot in China's smartphone market sales for the first two weeks of 2024, after a two-year gap.
A Huawei distributor has revealed that Huawei is preparing to launch a new flip-style foldable screen smartphone in February, codenamed LEM.
According to multiple industry sources, DJI Automotive has recently received clear investment intentions from BYD and FAW Group.
Xiaomi has officially denied claims that Hyper OS is a self-developed system, a rumor that the company suggests was propagated to stir up controversy between Xiaomi and Huawei.
Huawei aims to sell 600,000 electric cars in the coming year, necessitating a monthly sales volume of 50,000 units.
Lenovo responded to headquarters logo being painted as Huawei: "Employees share funny picture for a laugh."
On November 28th, Richard Yu, CEO of Huawei Consumer BG, stated that Huawei has extended invitations to Seres, Chery, JAC Motors, and BAIC, and hopes that FAW Group will also join.
On November 25th, Huawei partnered with Changan Automobile to create a new company, relocating its smart car business unit there.
Since its spin-off from Huawei three years ago, Chinese smartphone manufacturer Honor has made substantial progress in its much-anticipated listing. On November 22, Honor issued a board announcement, stating that it will continue to optimize its equity structure, attract diversified capital, and enter the capital market through an initial public offering (IPO), clarifying the previous […]
Richard Yu responded to the test drive accident by stating that the customer mistakenly pressed the accelerator instead of the brake, and AEB did not intervene.
On Monday, Huawei announced a comprehensive collaboration with Meituan using HarmonyOS. Huawei will fully back Meituan in launching the development of native applications for HarmonyOS.
Huawei's HarmonyOS system will no longer be compatible with Android applications. NetEase, Meituan, and other companies are urgently recruiting HarmonyOS developers.
On November 9th, Li Auto held a financial report meeting. During the meeting, Li Auto's CEO, Li Xiang, once again mentioned Huawei.
Huawei and XPeng Motors have been engaged in a debate about AEB in recent days.
On October 30th, Huawei Intelligent Automotive team visited IAT Automobile and reached a consensus on conducting overseas cooperation.
Apple's recently released iPhone 15 series models have experienced significant price fluctuations.
Behind the high-level adjustment of Huawei's automotive business, achieving profitability remains the biggest challenge at present.


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Fruit and Veg: Warmer temperatures accompanied by occasional showers have been the most favourable conditions for numerous farmers in recent weeks.
The supply chains are showing steady improvement, as the yields of various produce are coming in from different parts of the UK in quite satisfactory conditions. Items like sweetcorn, courgette, runner beans, peas, and broad beans are highly recommended right now.
In the upcoming month, we anticipate a bountiful supply of delicate and versatile soft fruits, as well as exceptionally sweet stone fruits grown in the UK.
However, it's important to note that the weather has affected orange-producing regions include Florida where ’Hurricane Ian’ caused widespread crop loss. Many other orange-producing regions, including Mexico, Brazil and Spain had poor yields due to drought conditions.
Chocolate: The price of chocolate has surged by 14% in the past year. Further investigations suggest that this upward trend will continue into 2024 due to strained cocoa supplies.
Companies relying on cocoa beans from West Africa's Ivory Coast are grappling with shortages caused by severe droughts, impeding tree growth due to inadequate water supply.
As a result, numerous companies are expected to encounter challenges over the next year, which could ultimately impact chocolate prices.
Take a look at the price movements and the quality of the fruits and vegetables for this month:
Key price movements:
Sources: A David UK, Dole UK, Fresh Direct UK, Oliver Kay UK.


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McKinsey Energy Insights predicts the energy and auto markets are entering a period of rapid transformation, but warns change is not happening fast enough to meet Paris Agreement's climate goals
Renewables are set to dominate the global energy market and demand for electric vehicles will soar over the next decade, but neither industry will make fast enough progress to ensure the world meets targets...
New Liberal Democrat leader uses final conference address to promise 'bold' climate action and the pursuit of a 2045 net zero target
'Data for benefits': Corporates experiment with farmer incentives to help build traceable supply chain
Sainsbury's, BNP Paribas, Unilever, and Barclays are working with the Cambridge Institute for Sustainability Leadership to pioneer blockchain-based supply chain system
Around 5GW of subsidy-free solar could come online by 2030 in the UK, much of which could be bolstered by battery storage, according to Aurora Energy Research
Environmental Audit Committee predicts nearly a fifth of the UK's fruit and vegetables come from countries exposed to severe climate risks, as new study makes case for more plant-based diets


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Disgruntled shareholder goes after Continental, UAL
A Continental Airlines Inc. shareholder has filed a class action lawsuit against the Houston-based airline, its 10-member board and UAL Corp. claiming the defendants sold Continental at an unfair price.
The lawsuit, filed by attorneys on behalf of shareholder Kenneth Page, May 3 in the Harris County District Court, claims Continental (NYSE: CAL) sold itself too cheaply to Chicago-based UAL (NASDAQ: UAUA) — exchanging 1.05 UAL shares for each share of Continental — worth about $22.60 a share, or $3.14 billion — with “a whopping $175 million termination fee.”
The $22.60 per share was UAL’s closing price as of April 30.
Page’s suit charged that the price was more than $1.50 per share less than where Continental’s stock was trading two weeks before the merger was announced. Continental traded as high as $24.29 last month, boosting the airline’s 52-week high.
Both airlines announced the merger on May 3. Both airlines serve customers in central New Mexico from the Albuquerque International Sunport.
In addition to the two airlines, those named as defendants include:
- Kirbyjon H. Caldwell, senior pastor of The Windsor Village United Methodist Church
- Carolyn Corvi, retired vice president and general manager of airplane production and commercial airplanes at The Boeing Co.
- Douglas H. McCorkindale, retired chairman of Gannett Co. Inc.
- Henry L. Meyer III, chairman, president and CEO at KeyCorp.
- Oscar Munoz, executive vice president and CFO of CSX Corp.
- Laurence E. Simmons, president of SCF Partners
- Jeffery Smisek, chairman, president and CEO of Continental Airlines
- Karen Hastie Williams, senior counsel at Crowell & Moring LLP
- Ronald B. Woodard, chairman of MagnaDrive Corp.
- Charles A. Yamarone, director of Houlihan Lokey
Christine Hall of the Houston Business Journal, an affiliated publication, compiled this report.
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Everi Payments, a wholly owned subsidiary of the manufacturer of gaming equipment Everi Holdings, teamed with Prove Identity for identity verification services, the parent company announced.
Spearheading the Transformation of Gaming
The selection of Prove Identity to become one of the identity service providers for Everi Payments will help the company deliver on all aspects of the mobile gaming ecosystem for its casino operator partners, including funding for gaming devices on-site, payment for point-of-sale machines and a variety of funding access options at casino floors.
Commenting on the agreement with Prove Identity, Victor Newsom, senior vice president, Product Management, Payment Solutions at Everi, expressed the excitement of the company “to be spearheading the rapid transformation of gaming” in times when the online and on-premise industry channels “continue to merge and complement one another.”
“Consumers are embracing and requesting digital services and virtual wallets within the context of their physical experience,” Newson continued, proud to partner with Prove and convinced that the partnership will “provide an even more seamless experience” across both channels within an environment that enhances safety for users.
Prove’s real-time phone number reputation measurement tool, Trust Score, will facilitate Everi CashClub Wallet users, providing secure customer experiences for digital onboarding, account servicing and ongoing authentication by passively analyzing signals from authoritative sources at the time of transactions to mitigate fraud and account takeover schemes.
Shared Vision of Seamless Payments
Emphasizing the shared vision of “more seamless player transactions that occur both digitally and on-premise,” director of Digital Identity and head of Sports Betting and iGaming at Prove Identity Tom Hill hailed the credentials of Everi as a leading cash access gaming industry provider.
“Everi has been at the forefront of the evolution in payments and digital enablement for gaming,” he continued, thrilled at the opportunity to collaborate with Everi and further strengthen Prove’s position in the sports betting and iGaming verticals.
Utilizing Prove’s solution, Everi will be able to further reduce fraudulent accounts and improve the quality of service throughout the customer lifecycle, as well as gain additional insight into risk via proprietary reason codes.
Everi joins a portfolio of Prove Identity’s customers featuring more than 1,000 global businesses across a wide range of industries, including banks, retailers, cryptocurrency exchanges, healthcare companies, insurance companies, and others, serving their needs for identity verification services as the world moves more and more to a mobile-first economy.
The partnership with Prove Identity comes right after Everi Holdings announced an expansion beyond gaming with the acquisition of Venuetize.