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An IPO four years in the making helps Nerds on Site propel U.S. expansion
Photo, from left: ,John Harbarenko, David Redekop and Charles Regan of Nerds on Site
IN ONE SENSE, Nerds on Site has been a public company since the day it launched, 24 years ago. Its iconic red Volkswagen Beetles are a familiar site in London and many other communities, delivering computer solutions for businesses and individuals.
But last fall, Nerds truly went public, with an IPO on the Canadian Securities Exchange, a move that raised more than $7 million to help the company finance its next phase. It has traded between 17 and 27 cents since then.
“Going public was a four-year process,” says CEO Charlie Regan. “Longer than anticipated, but we’re pleased it all came together. We’re using the funds for our launch into the U.S.”
From the outset, Nerds was set-up as a scalable franchise model, initially to expand across Canada. Now the company will follow the same blueprint to break into the U.S., targeting mid-sized communities adjacent to some of the country’s fastest growing cities.
“We spend 12 to 24 months establishing a presence in cities with a population of 250,000 to 450,000,” Regan says. “As we grow, we ripple into larger metropolitan areas.”
Beginning in Arizona and Florida, Nerds plans to sign up at least 100 franchise owners in the next two years and more than 1,000 in the next four years. “Those numbers are based on the building blocks we’ve established in Canada. It’s a very scalable model.”
“We spend 12 to 24 months establishing a presence in cities with a population of 250,000 to 450,000. As we grow, we ripple into larger metropolitan areas” —Charlie Regan
There are about 125 Nerds franchise owners in Canada, with more on the way as the company expands into Vancouver and three Prairie cities in the next year.
Among the initial U.S. target cities is Tempe, Arizona, a city half the size of London, just east of Phoenix. New Nerds get a 37 per cent cut of revenue they generate. During the first six months, the company pays for the lease of a red Beetle. After six months, plans call for the franchise owner to bump up to a 50 per cent cut and to assume the lease payments.
“We operate at 50 per cent, but with performance bonuses, it’s quite possible to get up to 65 per cent,” Regan says.
Although the Beetle is the preferred vehicle, in some markets other vehicles like the Fiat 500 or Honda Fit are acceptable, provided they are painted in the company’s signature red design (Volkswagen has also announced that production of the Beetle is ending in 2019).
Another growth area is Nerds’ dedicated service structure for Canadian Tire stores. Nerds services 226 of the 493 Canadian Tire stores across the country. “We’ve had a relationship with Canadian Tire for 10 years,” Regan says.
Canadian Tire stores are franchises, so each owner has the option of turning to a local Nerd for IT support. The Nerds head office has a dedicated Canadian Tire team that pitches its NerdCare managed services to Canadian Tire franchises and supports a 24-hour hotline and 24-hour support for Canadian Tire clients.
In addition to its geographic expansion, Nerds plans to add one new Canadian Tire store per week in 2019.
Regan and company founders David Redekop and John Harbarenko own more than 52 per cent of company shares. Christopher Clark


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High Gas Prices Can't Be Seen as Temporary AnymoreSometimes the same circumstances can produce different reactions. The first time that gas prices spiked in the past decade, after hurricane Katrina and the big commodities boom up to the 2008-2009 financial crisis, US drivers became paralyzed. Until that point, they had been gorging on gas guzzlers, and they didn't want to stop. Even those that wanted to switch to more fuel efficient vehicles didn't have that many choices (the US wasn't exactly known for its quality fuel-efficient small cars at the time), so most people delayed purchases, complained loudly about gas prices, and hoped that prices would fall.
They eventually did, but only because of the Great Financial Crisis. Once the initial shock passed, oil prices started to climb again, and it now seems like this has been going on for long enough to convince US drivers that this was no temporary anomaly, but the shape of things to come.
Rising gasoline prices have gone from bane to boon for the recovering U.S. auto industry. In 2008, U.S. gas prices hit a record of $4.11 a gallon and contributed to Detroit’s downfall, as truck and sport-utility vehicle sales collapsed. With gasoline again approaching $4, buyers are returning to showrooms to replace old guzzlers with new, fuel-efficient models.
“It’s really astounding that you’ve gone from $4-a-gallon gasoline devastating sales to $4-a-gallon gasoline supporting sales today,” Mike Jackson, chief executive officer of AutoNation Inc. (AN), the largest U.S. car dealer, said in an interview. “This is a real change in consumer behavior that puts us in a much better place than where we were in 2008.” [...]
“The impact of $4-a-gallon gas on the sales rate is neutral to a slight positive,” said Brian Johnson, Chicago- based auto analyst with Barclays Capital. “It certainly doesn’t seem to be paralyzing the consumer this time.”
Even truck buyers now care a lot about fuel economy. For example, Ford now sells more F-150 pickups with V-6 engines than with fuel-thirsty V-8s. Until the 2011 model year, Ford didn't even have a V-6 engine available in the F-150 (since 2008).
As you can see on the graph above (which is taken from this post), there's been a pretty significant spike in the average fuel economy of new cars sold in the US recently. It even breached 24 MPG for the first time ever.

domain: news


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Lawyers at Wilson Elser on Wednesday removed a product liability lawsuit against Samsung Electronics, the South Korean device maker, to Florida Middle District Court. The complaint was filed by Justin C. Johnson & Associates on behalf of Courtney A. Moore, who contends that her Samsung Galaxy caught fire. The case is 8:22-cv-01944, Moore v. Samsung Electronics America, Inc.
This lawsuit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector.


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Artificial intelligence can be used to generate realistic voice recordings of written text that can be used in audiobooks and publishing. Researchers need an ENA detector around Earth to study neutral atoms. The Indian central government will give 50 per cent fiscal support for the total project cost and the state of Gujarat will give 20 per cent of the project cost. During Prime Minister Narendra Modi’s visit to the US, big announcements were made by players like Micron, Applied Materials and Lam Research, which the Union Minister called a significant and meaningful milestone. When it becomes possible to engineer a quantum supercomputer that is able to beat classical supercomputers in problem solving, level three is reached.
The shares of Marathon Oil and other crude producers were lower. FactSet Research Systems was the worst performing stock in the S&P 500 after it said full year revenue would be at the low end of its guidance. The CDC is working with state and local health officials to find the source of the contamination. According to the Centers for Disease Control and Prevention, at least 91 people have been diagnosed and seven have died from a rare form of the disease. The steroid injections were used to treat back pain.
Last year, the video NFT marketplace was launched by the Indian short video app. FedEx shares rebounded after the earnings report selloff. The two companies did not return requests for comment.
The opportunity for Signify and CVS is to create a consumer friendly offer. Simple, more options, and all with the consumer in mind. Think about logging into your health care portal and not knowing what to look for or how to confirm your coverage. You might not trust the information if it’s not up to date. If we don’t have the appropriate technology to empower consumers or put them first, something like trying to understand payments or staying in touch with your provider can become a huge task. The music industry is more complex and focused on getting customers to engage with it.
Ftc Filed A Lawsuit Against Amazon For ‘handing’ The Prime Subscription
The new version includes a redesign of the update screen with more information about the software, as well as several new features. YouTube channels will be able to increase their audience with the help of Artificial Intelligence. Even in today’s far from perfect performance situation, the tool will be useful. New languages, as well as opportunities, will appear in the system, and in the future, synthesized soundtracks will become more similar to the original voices, and they will add brighter emotional color. The author of the video can get a transcript of the recording if they so desire. The platform is testing a new feature with hundreds of copyrighted channels.
He said in an interview that global regulation could address big risks, but shouldn’t be used too much. The heritage ministry met with both Facebook and Google this week and looks forward to more discussions, according to a government spokesman. The Canadian Parliament should be applauded for standing up to Big Tech after the bill’s approval in the Senate, said Danielle Coffey, president of the News Media Alliance global industry group. “If the government can’t stand up for Canadians against tech giants, who will? The search engine giant proposed that the bill be revised to make the displaying of news content, rather than links, as basis for payment and to specify that only businesses that produce news and adhere to journalistic standards are eligible.
The News Is Moving
Sam Altman, the CEO of OpenAI, has been calling for stricter regulation of artificial intelligence for months, but the creator of ChatGPT has been lobbying the EU to reduce regulations for artificial intelligence. After threatening to leave the EU over the Artificial Intelligence Act, Openai later said it has no plans to do so. There are reports that suggest that the upcoming iPhone SE’s hardware has gone through a lot of changes. The tentative release date for the iPhone SE 4 has been pushed back from 2023 to 2024, but it may be released in 2025.
There Is A Business
He said that announcements by American companies will help promote startups in India. The subsidiary of tech giant Alphabet Inc., is looking to establish partnerships with Indian suppliers for the local manufacturing of itsPixel smartphones, following in the footsteps of Apple. The likes of global tech giants would be able to manufacture products in India.
Microsoft updated some terms in response to the criticism and said that it is committed to a broader cloud community success, but rivals said the changes were insufficient. Meta had previously suggested that it would comply with the bill by ending news availability on Facebook and Instagram for Canadian users. Meta said it will pull local news from its site Edge Suit before the Online News Act takes effect. The bill will come into effect after six months. It calls for strict regulation and oversight of technology, as well as public awareness and education. The group warns that artificial intelligence could be used for malicious purposes.
The event hosted students and faculty from BITS and American University in order to interact with this tech cohort. He focuses on Linux, enterprise IT and open source technologies. He is a great reviewer of open source software. Business technology and privacy issues, as well as developments in e commerce and consumer electronics are covered by Jack. According to Builder, the health care industry needs to articulate better the tasty challenges we solve daily and turn the volume up on the technical aspect of what makes the work here so stimulating, innovative and rewarding.
Canada’s law puts a price on news story links displayed in search results and can apply to outlets that don’t produce news, which is why it’s different from those in Australia and Europe. According to Space.com, researchers have found that particles with no electric charge, known as energetic neutral atoms (ENA), that travel at a high speed can be studied during solar events. There are a lot of opportunities to study these massive events in detail. India was established as one of the key partners in Semiconductor in December 2021. India has improved in the last 18 months.


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Georgia Fishing Industry Now Eligible to Apply for CARES Act Financial Assistance
Georgia is ready to distribute nearly $2 million in funds to commercial fishermen, wholesale dealers, and others in the seafood industry who have been financially impacted by the coronavirus.
The Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act, was passed by Congress and signed into law by President Donald Trump on March 27. The CARES Act included $300 million in fisheries assistance funding, but it wasn't until May that NOAA even released a breakdown of the funds...
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Cybercriminals use COVID-19 pandemic as a screen for illicit activities
Lara Burger, Country Manager of TransUnion Namibia, said cybercriminals are using the pandemic as a screen for their activities, sending emails and text messages from seemingly legitimate organisations with information about COVID-19 or financial improvement schemes.
In the past few months, fraudsters have been active on social media and public platforms to try and hook unsuspecting individuals.
According to Burger, once people click on the links in emails or text messages, they unknowingly download software which allows criminals to take control of their devices and access their personal information and financial data, which could lead to identity theft.
She added that on websites, they are scammed into buying fake or non-existent products, or investing into fake property purchases or employment offers. There has also been a sharp rise in the fraudulent offers to ‘fix’ negative credit reports.
“Identity theft is a huge problem in Namibia. The problem with this type of crime is that victims only find out about the theft months later, by which time fraudsters would have obtained false lines of credit and racked up significant debt in their name,” said Burger.
Burger gives the following tips to protect one against fraud and identity theft:
Never click on a link, or provide your sensitive information
Phishing is a major part of identity theft and fraud, warned Burger. “You’ll get an official-looking email from a bank or other organisation, offering you information or asking you to verify some aspect of your account. Don’t do it. No reputable company will ever ask to verify details by clicking on a link in an email,” she said.
Stick to legitimate sites for online shopping
The restrictions in movement have resulted in a surge in online shopping, as people look to buy everything from groceries to books to airtime. “Check that there’s an ‘https’ in the web address and an icon of a locked padlock on the left side of the URL. The ‘s’ stands for secure and means the site can be trusted. Don’t just click on links in mails offering you ‘too-good-to-be-true’ deals: check it out first,” said Burger.
Secure your online identity now
Make sure you have strong passwords for important accounts such as your banking, online shopping and email. Change them regularly and don’t use the same password for all your online profiles. Where possible, use two-factor authentication to make it harder for scammers to gain access to your accounts.
Keep checking your transaction alerts
The best way to check if your identity and credit is safe is to check your credit report, bank and card statements. Fraudsters are especially active at a time of crisis, when people are distracted. Keep track of what is on your credit report for signs of suspicious activity, such as accounts that you don’t recognise or credit checks from companies with which you’ve never done business.
Nobody can ‘fix’ your credit record
Online advertisements promising to rehabilitate indebted consumers’ credit records for a fee are scams. No unauthorised company or lawyer can simply remove negative data from the credit bureau, regardless of how much you pay them. Consumers should contact TransUnion directly if they wish to dispute any information on their credit report.
It is also important to check that the service provider is a legitimate, registered business. This can be done through the National Credit Regulator’s website, as all legitimate debt counsellors must be registered.
“Be wary of any business or lawyer claiming to work for the credit bureau, and phone the credit bureau directly to confirm this,” said Burger. “And remember: a legitimate business is unlikely to communicate with clients via WhatsApp; use non-business e-mail, such as Yahoo mail or Gmail; or use e-wallet transfers,” she concluded.


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The number of consumers reporting that the TV is their primary screen for viewing both paid and free online video has risen from 33 percent to 45 percent, according to research carried out by The NPD Group, a US research firm. During the same period, the number consumers who used a PC as the primary screen for viewing content from over-the-top (OTT) services such as Netflix declined from 48 percent to 31 percent.
NPD say more consumers are watching TV and movies on big screen because of the ‘rapid adoption’ of connected TV — 12 percent of the consumer TVs in the US were connected TVs, totalling more than 29 million devices. However, just 43 percent of connected TV users accessed online entertainment directly from their TVs, including online video, music, and cloud services.
“The growth in connected TVs is another sign that online video is maturing,” said Russ Crupnick, senior vice president of industry analysis for The NPD Group. “Streaming video has moved from the dorm room to the living room; and, as more households obtain and connect TVs to the Web, we predict increased trial and engagement for video distribution services.”
Finally, Online Video’s All Grown Up – Now Advertising Has to Catch Up
While most people in video advertising are clear on the fact that video is primarily a brand channel, even those chasing brand budgets occasionally use the language more commonly associated with performance advertising.
This is partly because many people working in video advertising have come from other parts of digital, particularly display, which is commonly used for both brand and performance, so the jargon and thinking tends to overlap more than it really should (not to mention that some brand advertisers have an unhealthy interest in clicks).
Then there’s also an element of ‘we can do it, so let’s talk about it’ in video advertising, so if you can demonstrate a click when TV can’t, it appears to make sense to differentiate your product by pointing out what video is capable of.
But positioning your product around short-term measurable outcomes could pose problems as video moves off the PC and onto connected TV. Things like click-through rate (CTR) and sales attribution might seem useful in a world where most video is consumed in ‘lean-forward’ PC environments, but those behaviours are less attributable and less likely to happen on a connected TV, at least if you’re looking for traffic to a site, a sale or a form filled.
While connected TV engagement rates are currently quite high when it comes to things like watching some extra content, we are in all likelihood going through a honeymoon phase when consumers are still curious about what their new TVs are capable of. With all other digital mediums, engagement rates have dropped off over time as consumers become familiar with the new environments and devices, so it seems likely connected TV will one day suffer a similar fate.
Remembering Brand Basics
However, in focusing too much on identifiable, reportable responses to advertising, the more fundamental question of ‘Did the ad tilt the needle in the right direction for the advertiser?’ sometimes gets lost in the online metric-mist. And as a result, video’s less attributable strengths are often over-looked and under-sold. The goals of a brand campaign are usually quite simple when you boil it down to things like reach, scale, recall, equity and affinity — and TV advertising’s ability to meet these relatively straightforward brand objectives is the reason billions upon billions are pumped into TV each year.
In some respects, video needs to go back to basics. Brand advertisers understand that – assuming there’s a market for the product – the sales will follow if the brand is properly advertised. So trying to link every ad exposure to a direct engagement or a sale doesn’t do video justice and is an impossible task in any case, particularly when you consider things like cookie deletion, offline sales, the use of different devices, and the fact that an uplift in a person’s affinity with a brand may deliver not days but years down the line.
Following on from that, as online video moves onto connected TV, companies trying to ‘over-demonstrate’ engagement are going to find themselves having to start thinking a little more like the TV industry. Now is a good time for the video world to start remembering that video ads have value that goes far beyond what can be demonstrated in a spreadsheet on the day a campaign ends.
Sometimes engagement is simply watching, and then remembering, and then at some point in the future – perhaps decades after the campaign ends – buying or recommending. So anyone who is serious about truly accountable advertising will have to factor in the fact that advertising will never be fully attributable. The TV world understands this, as do brand advertisers.
Companies who push the idea that every video ad should be linked to a sale (and while there aren’t too many, I’ve seen leading luminaries from leading companies say as much) are going to struggle as video moves onto connected TV. For a start, attribution is going to be an extremely complicated affair in any case as we don’t have cookies on connected TVs just yet.
Then there’s the fact that — at least for now — very few people are going to buy anything via a connected TV, as filling out a form by using a remote control to jockey around an onscreen keyboard is the same horrible experience it was in the 1980s.
The TV is also more likely to be a shared environment, so the opportunities for engaging directly via the TV are further reduced — Dad checking out car insurance rates on the TV screen while X-Factor is about to start isn’t something that’s going to be happening too often.
There are solutions to these problems of course, many of which already exist but have yet to achieve sufficient scale for advertising. One potential solution is likely to come via the second screen, which will in all likelihood gain proper traction and scale when incorporated into tablet-based remote controls.
But if measurable engagement via the first screen is going to take off, then it will have to be easier, more intuitive and more enjoyable than it is at present. Some of the most innovative solutions in this area are springing up around Xbox’s Kinect – take Brainient’s hand gestured ads and Microsoft’s voice-activated NUads for example.
So while the shift from PC to connected TV will require a slight shift in thinking for the video advertising industry, it’s a perfectly manageable one and the next few years will be a very exciting time for the industry.
The promise of online video was always the prospect of TV budgets – and perhaps budgets from elsewhere – moving to online video, but the growth of the medium has always been limited by, amongst other things, a certain amount of screen-bias in the minds of TV buyers. But as online video moves onto TV, it suddenly finds itself in the same lean-back, brand friendly environment, with the same screen size and sound quality. The next big battle for the industry – which has already begun – will centre around gaining access to premium content.


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A group of students from Jordanstown School will be in St George’s Market to sell Christmas crafts today.
The five post primary pupils from Class 4a took part in the Young Enterprise programme, forming their company, the Jordanstown Cool Crew.
A total of 60 per cent of profits raised through the sale of the crafts will support a charity that fulfils the dreams of children with long term or terminal illness by taking them to see Santa at his home in Lapland.
Commenting on the project, Sarah, Jessica, Batoul, Cody and Kacey said: “We have been very busy making Christmas crafts to sell. They are good quality products that look beautiful and are being sold at bargain prices.
“We have received many orders from the staff, parents and pupils of Jordanstown School.
“We have learnt many skills and taken on many roles that will help us in business such as teamwork, organisation, problem solving, decision making and communication.
“We will be donating most of our profits to the “NI Children to Lapland and days to remember trust.”


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WPP pulls out of Facebook's agency review over liability clause
The bone of contention is the social media giant's requirement that the agency takes on greater liability
According to a media report, GroupM has pulled out of Facebook's agency review due to the social media giant's requirement that the agency takes on greater liability. The report added that the agency will continue to work with Facebook until the review is over.
Currently, the contracts between agencies and marketers are structured in such a way that the agencies have to take a certain level of liability in case an issue arises around the ad-buying process.
Facebook's media mandate includes media planning and buying across Facebook’s entire businesses which includes Instagram, Facebook, WhatsApp, and Messenger.
“While we will not be participating in the review, we look ahead to future opportunities building on the successful work we created together since 2014,” a GroupM spokesperson commented.
“We’re sorry that GroupM has decided to withdraw from the RFP [request for proposal] process; however, we look forward to continuing to partner with their talented team as we move forward with our review of global media capabilities,” a Facebook spokeswoman said.
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About the Inquiry
The Inquiry into Price Gouging and Unfair Pricing Practices has been commissioned by the Australian Council of Trade Unions to identify the scale of price gouging practices being deployed by large businesses and to understand the effects this is having on everyday Australians.
The Inquiry will be chaired by the esteemed Professor Allan Fels, former Chair of the Australian Competition and Consumer Commission. Professor Fels brings unmatched expertise in competition and consumer protection matters.
Community Hearings will examine the scale and effects of price gouging. These hearings will be held in regional centres and major cities. These hearings will allow people to share their firsthand experiences, shedding light on the adverse effects of corporate price gouging on their daily lives.
The Inquiry will delve into the root causes of price gouging, identifying sectors most impacted and the mechanisms by which it affects consumers. Additionally, it will analyse the connection between dwindling living standards and surging corporate profits, aiming to address the concerning imbalance.
Ultimately, the Inquiry aims to recommend practical and effective measures to curb price gouging and protect the financial interests of all Australians.


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Antitrust authorities in China have finally approved the sale of Toshiba Memory Corporation to a consortium of companies led by private equity firm Bain Capital.
The approval was announced today by Toshiba in a short statement - although hasn't been confirmed yet by China's State Administration for Market Regulation. Nevertheless, the regulator's approval will mean that the company now has the green light to complete the transaction, agreed last year, which values the company at $18 billion.
"The parties will now take necessary procedures to close the transaction, which is currently expected to occur on June 1, 2018," Toshiba revealed today (PDF).
The approval should lay to rest rumours circulating recently that Toshiba would welcome a rejection by anti-trust authorities, having solved its financial difficulties with a fresh injection of funds, while Toshiba Memory is arguably worth even more today following the spike in memory chip and NAND flash prices.
However, Toshiba's creditors, according to Reuters, remained keen for the deal to go through, arguing that the company in its current condition lacked the resources to back the hefty capital investments that Toshiba Memory requires to remain a market leader.
The Bain consortium includes South Korea's SK Hynix, which also makes NAND flash chips, as well as Apple, Dell, Seagate and Kingston Technology. In addition, Toshiba will retain a 40 per cent stake and, together with technology firm Hoya, will ensure that Japanese companies retain a controlling stake of just over 50 per cent.
The inclusion of Seagate and Hynix in the consortium, meanwhile, had aggravated Toshiba Memory's partner Western Digital which, via its 2016 acquisition of SanDisk, enjoys 50-50 ownership of NAND flash factories in Japan and had claimed that clauses in the agreements between the two companies barred such transfers of ownership without the consent of the other partner.
Children as young as four to be taught about the dangers of social media
Bans already issued to hundreds of players who used offensive language
The site is perfectly situated for launching small satellites into orbit
Delegates at the ESOF 2018 conference were warned that their perceptions of the digital age were coloured by private industry


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How is technology disrupting key account management?
Podcasts: The next big opportunity for digital marketing managers?
How businesses can prepare for the rise of online video ads
Going digital: What do small businesses in Australia struggle with?
How can e-commerce ventures protect against digital disruption?
How digital recruitment professionals can tell a better story
Can 5G revitalize outdoor advertising in the mobile-first world?
No likes? No worries. Track these more valuable metrics instead
Could context-based data solve privacy concerns in advertising?
How Dongtu brought brands into mobile messaging in China
How contact center AI is taking the customer service strain
4 May, 2020
5G in Asia – rollout plans won't be affected by COVID-19 says GSMA
7 May, 2020
Mastercard EVP: COVID-19 is spurring contactless payments in Asia
5 May, 2020


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Having fallen to an $18.3K low after the Thursday release of the United States inflation statistics, Bitcoin (BTC) has renewed pace and climbed past $19K.
Since this is an important level, according to market expert Ali Martinez, the top cryptocurrency should maintain a price above $19,200 to lessen selling pressure. He emphasized: “roughly 2.5 million addresses bought nearly 1.5 million BTC at $19,200. The longer Bitcoin continues trading below $19,000, the higher the pressure these investors will feel to exit their long BTC positions to cut losses short. Consequently accelerating the downward pressure.”
Roughly 2.5 million addresses bought nearly 1.5 million $BTC at $19,200. The longer #Bitcoin continues trading below $19,000, the higher the pressure these investors will feel to exit their long #BTC positions to cut losses short. Consequently accelerating the downward pressure. pic.twitter.com/hgMMApyswM
— Ali (@ali_charts) October 13, 2022
The Consumer Price Index (CPI) increased by 0.4% in September, according to the most recent inflation data provided by the United States Bureau of Labor Statistics. A broad market response followed, which sent tremors through the cryptocurrency market and caused Bitcoin (BTC) to plunge as low as $18,319 once the news hit the market.
Santiment, a cryptocurrency information service, said: “Thursday has been an expectedly volatile day after inflation data was released. Bitcoin dropped to $18.3k, its lowest price level since September 21st. However, as traders were in the midst of stopping the bleeding, BTC & the SP500 rapidly recovered.”
Based on the back-and-forth in the market, the social dominance of Bitcoin (BTC) has decreased, but the top cryptocurrency was up 3.38% on the previous day to touch $19,623 in the trading session. The dominance of Bitcoin (BTC) has diminished as a result of certain traders aiming for quick gains. According to Santiment: “traders are chasing short-term pumps right now to salvage losses. Weak hands dropped out of crypto in 2022, & long-term traders are waiting for Bitcoin to begin receiving the spotlight again. When BTC social dominance is high, prices typically rise.”
📢 Traders are chasing short-term pumps right now to salvage losses. Weak hands dropped out of #crypto in 2022, & long-term traders are waiting for #Bitcoin to begin receiving the spotlight again. When $BTC social dominance is high, prices typically rise. https://t.co/n7uqUnslBr pic.twitter.com/WycLauNtGW
— Santiment (@santimentfeed) October 14, 2022
In order to rein in spiraling inflation, the Federal System of the United States has raised interest rates, which has hurt the cryptocurrency industry. It is still unclear what action the Fed will undertake in the month to follow given that the most recent CPI numbers were higher than anticipated.


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A property previously owned by The Bon-Ton in Lower Allen Township may have a new owner soon.
The Bon-Ton building will likely be demolished in the hopes of selling the property to a developer, a township official said.
The Lower Allen Township Development Authority signed an agreement on Monday to purchase the former Bon-Ton property for $8.1 million.
The 14-acre property at 3525 Gettysburg Road includes a building that previously housed The Bon-Ton and a Borders bookstore. In recent years, the former Borders has been home to a seasonal Spirit Halloween store. The property, which is known as Camp Hill Commons, also includes several ground leases, including Bonefish Grill, Burger King and a Texas Roadhouse.
If nothing was done with the highly visible property, which sits near the Capital City Mall, township officials thought it could be a detriment to the businesses in the area, according to Erin Trone, assistant manager and director of Economic and Community Development for Lower Allen Township.
"We just didn't want a long-term vacancy," she said.
The authority will apply for funding from the state through a grant for onsite improvements and demolition. The authority also hopes to apply for a loan through that state in order to acquire the property by January. The commissioners previously approved a loan to the authority which covers a 10 percent down payment for the property.
This is the first acquisition for the authority, Trone said.
A months-long liquidation sale at The Bon-Ton on Gettysburg Road ended at the end of August. The Bon-Ton, which was based in Springettsbury Township and Milwaukee, filed for bankruptcy protection in February and was purchased in April by the joint venture of Great American Group LLC (a subsidiary of B. Riley Financial Inc.), and Tiger Capital Group LLC in order to liquidate the stores.
The closing of Bon-Ton and Toys R Us stores have left numerous vacancies throughout the state. Hampden Township nonprofit, CommunityAid which operates five stores has announced plans to open its sixth thrift store and donation center in part of a former Bon-Ton store in the Queensgate Shopping Center at 2082 Springwood Road in York Township.
And while plans move forward with some former Bon-Ton properties, an Indiana-based company has plans to reopen some of the Bon-Ton stores. CSC Generation, which has purchased Bon-Ton's intellectual property told the USA Today that it plans to reopen stores in Colorado, Illinois, Indiana, Wisconsin and Pennsylvania. The plan is to reinvent the brand with a focus on e-commerce while offering personal styling services at the physical location.


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Working from home would become standard, due to the ongoing pandemic outbreak. In the wake of the ongoing situation, HRD Antwerp (Diamond High Council) has launched a series of new courses at the beginning of the international lockdown. The courses were successful. Now HRD Antwerp launched new online programs including live online training. The online course has been launched with the purpose to elevate the skills of diamond graders, sorters, gemmologist, jewelry designers, retailers, and new members of the gem and jewelry industry. It has also launched LIVE ONLINE training courses on diamond grading and retail sales. The LIVE ONLINE courses will be conducted by the HRD Antwerp instructor with whom students can directly interact and ask questions. It will offer students the opportunity to live interaction with their instructors from the comfort of their home or workplace. The learning will be provided in regional languages also.
The first LIVE ONLINE course in English will be conducted from 15th to 19th June 2020 from 17.00 hours to 20.00 hours CET, Monday to Friday. The duration, of course, is 3 hours per session.


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Two lawsuits have been filed against Amazon for storing children’s recordings through its smart speaker, report experts in personal data protection. Claimants allege that the company does not have the consent of users to create voice records with which it could track the activity of an infant in the services enabled for voice assistant Alexa, which would allow the company to elaborate detailed profiles about children.
The lawsuits, presented in Los Angeles and Seattle, claim that two children used Alexia for Internet searching, play music and videos, among other interactions; the plaintiffs claim that they never gave the company consent to record a profile of the children.
For its part, the company claims that it only stores the information when the user explicitly expresses their consent, in addition to the parents being able to delete any voice record that Alexa has stored.
According to the experts in personal data protection, the plaintiffs seek compensation for damages and ask interested users to join the collective lawsuit against Amazon for breach of privacy laws. Amazon mentions that, at the end of 2018, more than 100 million of devices had been sold with the integrated Alexa voice assistant, such as smart speakers, hearing aids, Smart TVs, among others.
The voice assistant software starts working once it hears its ‘wake word’ (e.g. Alexa, Amazon, computer, etc.). When the wake word is detected, the system starts transmitting the user’s words to the Amazon servers for processing their requests. However, these devices may fail at times, so many user voice records are transmitted to Amazon without the user having said the activation word.
According to the experts in personal data protection from the International Institute of Cyber Security (IICD) users of this system can prevent this from happening by denying consent; In addition, this service has an option that allows the user to enter a detailed record of his voice, repeating several sentences for the wizard to detect the voice of the user with a lower margin of error, which strengthens the Alexa machine learning process.
He is a well-known expert in mobile security and malware analysis. He studied Computer Science at NYU and started working as a cyber security analyst in 2003. He is actively working as an anti-malware expert. He also worked for security companies like Kaspersky Lab. His everyday job includes researching about new malware and cyber security incidents. Also he has deep level of knowledge in mobile security and mobile vulnerabilities.


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Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.
Emerging social network Pinterest, an addictive site that lets people spotlight products and items they like, is helping drive increasing amounts of traffic to retailers, according to a new infographic by Monetate.
Pinterest, which attracted nearly 11 million unique visitors in mid-December, is now one of the top 10 social networking sites. It’s one of the rare cases of a social network generating strong word-of-mouth interest without much help from the tech community. The site is especially popular with females and arts and crafts enthusiasts between the ages of 25 and 44.
Monetate’s new research is bundled up into a nice infographic below. Besides highlighting the site’s increasingly awesome traffic, it also points out that “total same-store referral traffic from Pinterest to five specialty apparel retails rose 389 percent from July to December 2011.” The company also spotlights that Pinterest is driving more referral traffic than Google+, as of late November, with Facebook, YouTube, Twitter, and Yahoo ahead of Pinterest.
Palo Alto-based Pinterest has thus far raised more than $37 million in funding from a strong list of investors, including Andreessen Horowitz, Bessemer Venture Partners, Ron Conway, Max Levchin, and Michael Birch.
You can view the engaging infographic below:
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Bringing the Midas Golden Touch to Tires
October 28, 2015 // Franchising.com // Palm Beach Gardens, FL – Midas stores are known for a lot of things – brakes, repairs, exhaust, oil changes. But tires? Not nearly as much.
That’s beginning to change. The multi-national brand, which started out as a muffler specialist in the mid-1950s, blazed a trail as the first nationwide brake-service provider in the 1970s and morphed into a multi-service car-care provider in recent years, is poised to become a tire destination as a part of a “We Do Everything” total car care focus.
A recent federal study revealed that 50 percent of vehicles have at least one tire with half-worn tread and another 10 percent have at least one bald tire.* To assist in addressing this need, Midas is shouting out the tire-service message this fall with attention-getting retail offers through the end of November. In the U.S., shops are offering customers up to $160 in mail-in rebates on four select Goodyear or Cooper Tires. In Canada, customers can receive up to $140 back on four Goodyear, Dunlop or Bridgestone Blizzak tires.
To support the promos, Midas is broadcasting tire-focused national TV advertising featuring the Midas Golden Hand, the brand’s irrepressible on-screen spokesperson.
Since joining TBC Corporation in spring 2012, Midas has driven significant tire sales increases. When related services such as rotations are factored in, Midas shops today rack up as much revenue through tires as they do from exhaust, the service with which many people associate the brand. Over the last 36 months, tire sales have grown 15.1 percent.
Building on these gains, plans are underway to accelerate Midas’ tire-service expansion significantly in 2016 and 2017, with upgrades in distribution, computer support, shop signage and more. “Over the next two years, we will dramatically reposition Midas as a source of tires,” said Mike Gould, Executive Vice President & Chief Operating Officer for Midas. “Our stores will look like tire locations, associates will be tire-service experts, and the Midas brand will become known as a destination for tires in the same way that we are known for brakes, repairs and exhaust.”
* Source: April 2014 issue of Consumer Reports, citing a National Highway Traffic Safety Administration study
Midas is one of the world’s largest providers of automotive services, offering brake, maintenance, tires, exhaust, steering and suspension services at more than 2,100 franchised, licensed and company-owned Midas shops in 14 countries, including nearly 1,300 in the United States and Canada. Midas also owns the SpeeDee Oil Change business, with more than 150 auto service centers in the United States and Mexico. For more information visit www.midas.com.
561-383-3000, Ext. 2527
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It sounds like the numerous rumors were true! Niantic is set to reveal the next round of Pokémon for their massively successful Pokémon Go on December 12th, as well as other possible additions to the game. This was sent in a press release, so we here at Marooners’ Rock are excited.
Rumors started this week when a barista from Starbucks leaked evidence of a Pokémon Go/Starbucks promotion.
According to the employee document, “The world of Pokémon Go is about to expand with new Pokémon and a new Starbucks beverage!”
The guide states that December 8th Starbucks across the country will become PokéStops, and offer a Pokémon Go-inspired Frappuccino. The drink will also become an icon in the game as well.
That’s on top of news that Sprint is also teaming up with Niantic to turn Sprint stores into hubs for players.
It seems like Pokémon Gen 2 is going to contain a LOT of surprises and promotions. The content boost should help satiate current players, and hopefully it will bring out some lapsed trainers back to their Pokémon.


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As shoppers gear up for the holiday shopping frenzy, American online retail sites are reporting record sales at the expense of their Canadian counterparts, according to e-commerce specialists.
Industry insiders do not have any numbers yet, but they say U.S. Web sales are being boosted by thehigh-flying loonie that is driving both outlet mall and online shoppers to seek bargains south of the border.
“Just as our bricks and mortar shops are getting hammered by the falling greenback, so are our online stores,” said Nick Dumitru, principal of Basis, a Web marketing firm in Toronto.
He said most insiders expect a 20 per cent drop in e-retail profits this Christmas season.
For years Canadians have crossed the border in search of bargains and greater selection even when the Canadian dollar traded way below the U.S.
But no sooner did the loonie surpass the American greenback a few weeks ago, than industry experts noted a new twist – Canadian online shoppers have started flocking to American retail sites.
On Cyber Monday, the day after the American Thanksgiving and considered one of the busiest shopping days of the year, American online retailers expected to attract 72 million shoppers and generate an estimated US$700 million in sales.
That’s a 21 per cent increase over the US$608 million of sales last year, according to Shop.org, a network of online retailers.
It’s hard to determine how much of that number could be attributed to Canadian shoppers, but indications are an online exodus is in the works, said Peter Woolford, vice-president of policy development and research for the Retail Council of Canada (RCC).
For instance, he said, Canada Post has reported that the volume of shipments through the postal service for American retailers has increased by an estimated 38 per cent over last year.
He said delivery companies such as UPS Canada have also reported significant growth in traffic from the U.S. since the loonie started rising.
“It’s no surprise, we’re very thrifty and we’re known bargain hunters,” said the top executive of RCC.
The RCC has around 40,000 store front members not a few of whom operate online as well.
Among its members are well-known Canadian brand stores such as The Bay, Canadian Tire, and Roots, but it also has members with American mother companies such as Sears and Best Buy.
But the online onslaught is not a big worry for local retailers yet because Internet purchases account for a small portion of their income.
Woolford said Web transactions accounted for a mere two per cent of last year’s total sales.
Canada’s smaller population – 33 million versus 302 million in the U.S.- makes online operations less cost-effective and less than a third of Canadian retailers sell on the Web.
“Online shopping is just another form of catalogue shopping. Canadians were never really big catalogue shoppers when it was all the rage,” Woolford said.
Another Canadian e-commerce expert, however, says the trend is quickly shifting.
“Online shopping is fast becoming popular with Canadians,” said Tim Richardson, a professor of e-commerce, marketing and international business at the University of Toronto and Seneca College.
He said several factors are contributing to the increasing popularity of online shopping here including: the growing number of women shopping online from home and at work; the distribution of more U.S.-based credit cards; more American sites are now able to process Canadian postal codes; improved shipping and handling services; rising gas prices; and greater online selections.
Canadian online stores that want to compete with their American counterparts must clearly explain to customers why their prices are higher than what the U.S. sites offer, Richardson said.
He said retailers must point out that some goods coming from the U.S. will also be subjected to additional duty charges that could jack up their total cost.
Finally, Richardson said, online stores offering uniquely Canadian items stand a better chance at weathering the current trend.
One such store is Roots; the Canadian icon sells its apparel and accessories in traditional outlet stores and at Roots.com.
“I don’t think the strong loonie would be an issue for us,” said James Connell, director of e-commerce, digital marketing and new media for Roots Canada.
He thinks Canadian online shops that sell “non-commoditized” items – goods or brands that are not widely available across the border will be able to shore-up their sales.
“Canadian shoppers might do some online research to compare prices. But when they’re searching for Roots products, they’ll only find them at Roots.com,” Connell said.


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Japanese technology titan NEC has unveiled a gadget that allows users to control their TV, mobile phone or tablet computer using a virtual input device.
Asus' new Transformer Pad TF300 is among the first of a new class of convertible devices that are heading toward store shelves.
Bridging a divide between sighted and blind gamers, University of California, Santa Cruz graduate Rupa Dhillon has created a version of the musical rhythm "Rock Band" game that everyone can play.
When it comes to reading digital books, tablets are all the rage. But there's a lot to like about simple e-readers, which over the past year have become both a lot cheaper and a lot less clunky.
(AP) -- Don't trash your keyboard and mouse just yet. But three companies at the International Consumer Electronics Show demonstrated depth-sensing cameras that let you to control your computer by moving your hands or body.
Even if you love the iPad, you're probably not keen to write your next novel using its on-screen virtual keyboard. You may not be thrilled to type up a lengthy email with it, either.
Smartphone and tablet computer owners have become adept at using finger taps, flicks and drags to control their touchscreens. But Carnegie Mellon University researchers have found that this interaction can be enhanced by ...
It's a pattern that no doubt repeats itself daily in hundreds of millions of offices around the world: People sit down, turn on their computers, set their mobile phones on their desks and begin to work. What if a hacker could ...


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Shimla: Chief Minister Prem Kumar Dhumal has urged the Centre to include Agro Produce Marketing Committees (APMCs) and HP State Agricultural Marketing Board (HPSAMB) into the Direct Tax Bill, 2009, thereby exempting such institutions from the purview of Income Tax Act, 1961.
The Chief Minister said that agriculture and horticulture are two basic income generating activities of the people of Himachal Pradesh and major chunk of its population was dependant upon it for their livelihood. He said that the state government had constituted Agricultural Produce Marketing Committees (APMCs) and State Agricultural Marketing Board (HPSAMB) with the objective to operate marketing activities of the farm produce as grassroots level marketing infrastructural units to protect farmers against middlemen.
He said that the income of APMCs and HPSAMB, established under the Himachal Pradesh Agricultural and Horticultural Produce (Development and Regulation) Act, 2005 had been exempted from the purview of Income Tax Act, 1961, as per Section-10 (26 AAB) of the Income Tax Act, 1961 with effect from April 1, 2008. He said that it had been learnt that in the draft Direct Tax Code Bill, 2009 the institutions of APMCs and HPSAMB had not been included in the Seventh Schedule, which provides for exemption of income of these and other kinds of institutions. He said that APMCs and HPSAMB were neither carrying out any business activity with the motive of profit earning, nor trading, merchandise, processing, buying or selling units. He added that all such bodies were confined to local jurisdiction and managed by local authorities democratically to protect the interests of the farming community.
Dhumal said that APMCs were collecting market fee of one per cent over the sale or purchase of the produce, which it had been spending over development of marketing infrastructure within their jurisdiction. The Chief Minister said that the Direct Tax Code Bill, 2009 would leave a negative impact on the functioning and development of APMCs and HPSAMB and harm the interests of farmers. He requested the Union finance minister to include APMCs and HPSAMB into the exemption list under Seventh Schedule of Direct Tax Code Bill, 2009 with a view to protect the interests of the farming community.


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Social distancing guidelines and stay-at-home orders have been implemented in most of the country, greatly limiting where Americans can go. Businesses classified as “essential services” include grocery stores, pharmacies and even gun stores.
On Saturday, the Department of Homeland Security (DHS) released guidance on essential and critical businesses during the coronavirus pandemic. Within the public safety and law enforcement category, DHS listed the firearm industry as essential.
In addition to first responders and people who supply their equipment, “workers supporting the operation of firearm or ammunition product manufacturers, retailers, importers, distributors, and shooting ranges,” are also allowed to continue working.
The inclusion of firearms manufacturers and retailers in this guidance comes after the National Rifle Association (NRA) and National Shooting Sports Foundation (NSSF) lobbied for gun shops to be deemed essential businesses.
The NRA even filed a federal lawsuit against Los Angeles County Alex Sheriff Villanueva and California Governor Gavin Newsom, saying their policies violated Second and Fourteenth Amendment rights. Other individuals, retailers, and other gun rights groups, were also part of the suit.
“Municipalities who target lawful gun stores for closure aren’t promoting safety—by weaponizing their politics to disarm you and your loved ones, these shameless partisans are recklessly promoting a gun-control agenda that suffocates your self-defense rights when you need them most,” said Jason Ouimet, executive director of the NRA Institute for Legislative Action.
Just days after the suit was filed, the DHS released its guidance and California reversed its decision. The state will now allow gun stores to stay open during the pandemic.
“President Trump’s newly-updated DHS guidance echoes what the NRA is arguing in court: that firearms and ammunition retailers are ‘critical infrastructure,'” the NRA said on Tuesday.
The DHS guidlines on essential businesses is merely a guidance – not a mandate. “Officials should use their own judgment in issuing implementation directives and guidance,” DHS said.
New Jersey initially opted to close gun shops, deeming them “non-essential” during this time. But, like lawmakers in California, New Jersey Governor Phil Murphy reversed that decision on Monday and decided to allow firearms retailers to operate by appointment only and during limited hours. Gun shops are among a few businesses Murphy decided to later add to the list of essentials, including car dealerships.
There are other states that decided Texas Attorney General Ken Paxton declared that gun stores can stay open even amid the coronavirus outbreak.before the DHS released its guidance. On Friday,
Paxton’s nonbinding opinion says “municipal and county authorities may not use emergency powers to regulate or restrict the sale of firearms.”
There has been an uptick in firearm sales in recent weeks, according to the Associated Press. “Background checks — the key barometer of gun sales — already were at record numbers in January and February, likely fueled by a presidential election year. Since the coronavirus outbreak, gun shops have reported long lines and runs on firearms and ammunition,” AP reports.


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An internet company, HSI, HighSpeedInternet.com recently wanted to find out tech myths by the general public in the US.
To achieve this, the company created a master list of well-known tech absurds or nonsensicals, as well as some that may have once real but are no longer valid.
The outcome of HighSpeedInternet.com’s survey shows some Americans still believe some of this well-known tech claptrap.
The most-believed myth is that more megapixels in a digital camera make an instant better picture. A whopping 86% of the 100 believe this myth. In reality, what helps with a better photo is a bigger sensor inside the camera.
The second most believed myth, 52 percent of the 100 respondents believe that charging a phone overnight somehow harms the battery. This isn’t true. It’s simply what it is, claptrap!
Next, the third, 31 percent of respondents believe that an airport X-ray will hurt the stored memory on their phone or laptop. This is a handover from when people had film cameras, and the X-rays actually could damage the film. the truth is they can’t harm a hard drive.
A sizeable number of the respondents, 30%, believe computer must be shut down every night for it to run smoothly.
Some 17 percent think you have to run down your smartphone battery completely before you can charge it.
Some, also 17 percent, believe that Macs cannot get viruses. How absurd!
The internet company, HSI went a little further and checked Google Trends to see what the most-googled tech questions are; and some are on its research outcome myth-list above.
The people of Georgia were interested in knowing want whether baby monitors can be hacked—and that one is very true.
But as for falseness, Californians search quite a bit to see whether they can charge their phones in the microwave: That’s a big cruel prank gone mythical.
Texans on their own want to know whether their phones can listen in on them.
Some ample of states want to know about putting wet devices in rice to dry them out—but you’d actually be better off using synthetic silica gel desiccant packets instead.
source: PC Mag


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Shop Qatar, the country’s only nationwide shopping festival, has gone a notch higher this year presenting a surfeit of fashion-forward events including fashion shows and beauty master-classes for the fashion savvy.
Kicking off its busy 2020 calendar of events on the right foot, Qatar National Tourism Council opens Shop Qatar tomorrow with a fashion show at Barahat Downtown Msheireb. The by-invitation-only show features collections by Qatari designer Hind Al Rumaihi and French collective Faith Connexion set to also provide a taste of what to expect during the upcoming Qatar-France 2020 Year of Culture.
The hip and chic can catch a glimpse of the up and coming trends in couture and ready-to-wear fashion around the world as Shop Qatar presents a rich showcase on the runway of the Spring/Summer 2020 collections by 20 international, regional and local designers from January 23 to 29.
Once named by New York Times as one of the coolest and cultured malls, the opulent Italian-inspired Al Hazm mall which has been known for its breathtaking architecture will be the perfect backdrop for most of the fashion shows.
To open the series will be the international fashion show on January 23 showcasing creations by internationally known designers Ahmed Talfeet, Laith Maalof, Baris, Naja Saade, Amjad Al Adab, Toufic Al Hassan and Saeed Malas.
International celebrity designer Nicholas Jebran will be having a solo show of his collections on January 24. This famed Lebanese designer is known for haute couture in addition to his line of accessories and bags. His futuristic interpretation of fashion has made him famous far and wide.
Creations by local designers will be on the spotlight this year with a show specially for their collections on January 25. The designers who will present their creations in this show are Soleil Abayas, Al Dukan, Modish, Sarmad, Sheen Design, Shaden, Lady Aysha, Tamader Al Sultan, The Black Pearl, Tamadr and Waad.
This will be followed by shows slated on January 26 and 27 which will feature Al Hazm collections. These will include haute couture and evening wear show by Saiid Kobeisy, Sandra Mansour and J Manzel; bridal wear show which featuring designs by Frida and Demet Yolancris and a ready-to-wear fashion show showcasing designs by The Row and Avaro Figlio.
Capping the series will be a Chinese fashion show on 29 January featuring celebrity designers Lan Yu and Grace Chen.
In addition, Mirqab Mall will be hosting a kids fashion show on January 24 showcasing a collection by Al Mana Group brands.
The fashion shows are open to the public and seats are available on a first-come-first-serve basis. Pre-registration is required and can be done online. More information can be found on shopqatar.qa or at the Shop Qatar registration desk.
As in the previous edition, this year’s Shop Qatar also invites style-savvy residents, makeup artists and enthusiasts to learn about the newest trends in the world in makeup offering a series of make-up masterclasses and workshops with celebrity makeup artists and influencers.
On January 13, celebrity makeup artist Hanan Al Najada will feature at Dior makeup activation from 6PM to 8pm at Doha Festival City which is open to the public.
Al Najada will also hold a masterclass on January 14 from 4pm to 9pm at Park Hyatt Hotel. Entrance fee is QR1,000 and tickets can be purchased at Virgin Megastore and its website. Only 150 seats are available for this masterclass.
Dalal Al Refai and Lady Ayesha will conduct a free to the public makeup workshop on January 18 from 5.30pm to 8.30 pm at Lagoona Mall.
More on Lifestyle & Fashion


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Cape Town is Africa’s tech capital
5 November 2021
Cape Town is Africa’s tech capital – overflowing with entrepreneurs, innovative technology, and diverse start-ups. The melting pot of tech businesses is made possible by a combination of government and private collaboration, advanced digital infrastructure, a nurturing start-up environment, and the city’s location. The Mother City has been recognised for its achievements in the technology and digital innovation sectors. Cape Town (and South Africa) topped the leader board in the African Tech Ecosystems of the Future 2021/22 report by FDi, a division of the Financial Times. In this report, Cape Town was ranked second for its foreign direct investment (FDI) strategy. Meanwhile, the country came first for its economic potential, business friendliness and start-up status, and second for connectivity.
In addition, Cape Town was named the third-most ambitious city in the world, according to a report by London-based card payment provider, Dojo, and their Global Ambition Index.
Cape Town’s success in this sector is thanks to the City’s partnerships with organisations like the Cape Innovation and Technology Initiative (CiTi), Africa’s oldest tech start-up and incubator. CiTi has been instrumental in supporting more than 3,000 entrepreneurs over two decades. Cape Town’s venture capital network is highly developed and $88 million (R1.2 billion) of investment into the tech sector, spanning 46 deals, was recorded in 2020.
Cape Town encourages technological innovation
The City of Cape Town works hard to create an environment conducive to technological innovation, welcoming start-ups and other businesses in the tech and digital spaces. Infrastructure needed for these sectors to grow and thrive has been prioritised. The city has one of the largest open-access fibre networks in Africa, with an internet take up of 63%. The government also puts a lot of money into tech incubators and other organisations which support the city’s economic ecosystem.
On top of this, the Western Cape actively brands itself as ‘Africa’s tech capital’ due to the many tech and digital businesses based in and around Cape Town and Stellenbosch. The province has more than 22 active incubators and accelerators which provide business and tech support, mentoring and networking opportunities, and links to markets and funders. More than 25 co-working spaces foster innovation and creativity.
Importantly, the province boasts four leading tertiary education institutions – the University of Cape Town, Stellenbosch University, the University of the Western Cape, and the Cape Peninsula University of Technology – and six Technical Vocational Education and Training (TVET) colleges. These contribute to the skills base in the Western Cape.
The branding initiative champions public-private partnerships and is part of the Western Cape government’s strategy for economic recovery after the Covid-19 pandemic. “Key to our economic recovery are the partnerships between government and the private sector,” says Western Cape Minister of Finance and Economic Opportunities, David Maynier. “This new brand, which is a confidence boost to the sector, is a great example of a successful partnership between government and the private sector.”
Tech start-ups flourish in Cape Town
Cape Town is home to nearly 60% of South Africa’s start-ups, with some of the country’s most successful ones being born in the city, including Yoco, Aerobotics and SweepSouth.
Cape Town was one of three African cities that made it into the Global Start-up Ecosystem Report 2021’s list of top 100 emerging start-up ecosystems. This is the second year in a row that the city was ranked among the top start-up ecosystems in Africa. In this year’s report, the Mother City ranks first in talent and experience based on long-term trends over the most significant performance factors, and the ability to generate and keep talent in the start-up ecosystem. It came third in the performance and funding categories.
Cape Town’s location is another aspect that makes it attractive to start-ups and other businesses. Apart from its foothold in the African market, advanced infrastructure, low costs and high returns, it offers an idyllic lifestyle with beautiful surroundings and outdoor living.
The Mother City is also working to build an inclusive society, actively encouraging women in the tech and digital business sectors. CiTi, in partnership with the City of Cape Town, runs an annual Women in Business Programme. It helps women to future-proof their businesses, thrive in a digital economy, and offers networking opportunities.
Tech events in Cape Town
Given Cape Town’s status as the tech capital of Africa, it’s no surprise that the city hosts several tech-related events. Many training opportunities are also offered to keep technological innovation thriving in the city.
Here’s an overview of some of the city’s tech events.
- TECHSPO Cape Town is a two-day technology expo that brings developers, brands, marketers, technology providers, designers, and innovators together. It showcases technology and innovation in internet, mobile, AdTech, MarTech and SaaS technology.
- The BigFive Summit focuses on using technology to empower SMMEs in Africa and the Middle East. The summit covers everything from digital payment solutions to blockchain-driven fintech platforms that enable SMMEs to operate across borders.
- The SA Innovation Summit is held in Cape Town and online and claims to be the largest startup event in Africa. Entrepreneurs, investors, corporates, policy makers and thought leaders join the summit to support startups and inspire sustained economic growth across Africa.
- The WordPress Cape Town Meetup group gets together regularly to share knowledge and experience with other local WordPress developers, designers and publishers.
- Stellenbosch University’s LaunchLab is a university-backed incubator that often holds entrepreneurship-related events.
Over and above the tech events that are hosted by Cape Town, the city also funds training programmes for skills development in the tech sector. These training programmes, run through CiTi, are teaching students information and communications technology related skills as well as critical career and work-ready skills.


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Telegram is to form a team of moderators to remove terrorist-related content from the encrypted messaging platform in Indonesia, after the country's government threatened to ban the app.
Indonesia's Ministry of Communications and Information Technology has already blocked access to the web version of the chat platform, citing concerns that it was being used to spread "radical and terrorist propaganda" in the country, according to Reuters
"This has to be done because there are many channels on this service that are full of radical and terrorist propaganda, hatred, ways to make bombs, how to carry out attacks, disturbing images, which are all in conflict with Indonesian law," the communications ministry said in a statement on its website.
Telegram co-founder Pavel Durov said on Sunday that the service had blocked channels reported by the government and that it would take further action to remove the illegal content.
"We are forming a dedicated team of moderators with knowledge of Indonesian culture and language to be able to process reports of terrorist-related content more quickly and accurately," Durov said in a Telegram post quoted by Associated Press.
Telegram has been criticized by governments before for its use by terrorist groups to spread propaganda and recruit members. Last month Telegram agreed to provide basic information about the company to Russia after authorities threatened to block access to the service
Despite pressure from governments, Telegram's founders have refused to bow to demands for backdoors into the platform for authorities to access encrypted messages, arguing that security and privacy are central tenets of the service.
Speaking to The Wall Street Journal
on Sunday, Durov said Telegram is "heavily encrypted and privacy-oriented, but we're no friends of terrorists – in fact, every month we block thousands of ISIS-related public channels".
Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.Discuss this article
in our forums
Indonesian carrier Smartfren has announced
it will begin accepting iPhone 7
pre-orders on Friday, March 24. Pricing has not been disclosed, but customers can sign up on Smartfren's website
to receive more information. In-store sales at select authorized resellers will begin on Friday, March 31
While the iPhone 7 has been available in many other countries since September, the Indonesian government recently enacted a policy that requires 4G-capable smartphones to have at least 30 percent "local content," which can be hardware, software, or in this case, a commitment to invest in the country.
Apple satisfied the requirements of that policy when it committed around $44 million
towards research and development in Indonesia over three years, which will include building an iOS App Development Center in the country. Apple received a "local content certification," allowing it to sell iPhones throughout Indonesia.
iPhone 6 and iPhone 6 Plus were the last smartphones that Apple officially sold in Indonesia, according to local website Coconuts Jakarta
Indonesia, an island country bordering Malaysia in southeast Asia, has an estimated population of over 260 million people.Discuss this article
in our forums
A $44 million investment pledge in an Indonesian R&D center has paved the way for Apple to be able to sell the iPhone 7
in the country, according to one of the country's senior government officials.
A director-general overseeing electronics told Reuters
that as a result of the three-year investment commitment, Apple had received a "local content certification" last month which would allow it to sell iPhones throughout Indonesia.
"Apple has committed around $44 million to invest in R&D over three years," I Gusti Putu Suryawirawan said in a text message. "Therefore, they can distribute devices priced 6 million rupiah ($448) and above. That means all iPhones can be distributed."
Starting from 2017, Indonesia will introduce a telecommunications policy which stipulates that all 4G handsets sold in the country must have "local content" of at least 30 percent, whether that be in terms of hardware, software or an investment commitment.
Asked by Reuters
to comment on the investment figure, Apple merely pointed to an announcement last year that it had committed to building an iOS App Development Center
in the country.
Such an R&D investment apparently fulfills the government's "local content" requirement and will help Apple make significant inroads in the Indonesian market, which is home to 250 million people and a young, tech-savvy demographic that Apple has yet to crack. In 2011, Apple was forced to shut down its online store in Indonesia because of shipping issues, and had to re-apply for permission to launch it again as part of its application to open its first retail store in the country
According to research firm IDC, Samsung commanded a 26 percent share of Indonesia's smartphone market by sales volume in the second quarter of 2016, trailing Oppo with 19 percent. Both own factories in the country.Discuss this article
in our forums
Apple will continue to expand the reach of its research and development centers around the world with a new location in Jakarta, the capital of Indonesia, sometime in 2017. The news comes from Indonesian Communication and Information Minister Rudiantara, who mentioned that the project's preparation has now progressed to "the final stage" (via Tempo
Additionally, the Minister added that Apple plans to find the location for the R&D center by the end of 2016, putting the company on the path of completing construction and hiring employees by the end of 2017. "Several options" for the focus of the Jakarta-based R&D center have been proposed, but none are yet finalized.
Image via Indonesia.travel
"Just wait. [The preparation of the project development] is in the final stage. The Industry Ministry and the Communication and Informatics Ministry are finalizing the plan," [Rudiantara] said. "It's more important. By late December, they will commence the execution for the location. So, in 2017, they will start building structures and recruiting employees," he added.
Rudiantara said that he knows the monetary value of Apple's investment in the Jakarta R&D center, but did not divulge the number to the press. In addition to the proposed site in Jakarta, Apple has set up similar R&D centers in China
, and the UK
, and is said to be planning similar facilities in Canada, India, and Vietnam to take advantage of local resources.Discuss this article
in our forums


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China acidspar prices slip to new lows
Published: Monday, 25 January 2016
Pricing Review: Chinese acidspar prices down by additional 11% as suppliers scramble to clear stocks.
Acid grade fluorspar (acidspar) prices
from China fell a further 11% last week, as industry sources
confirmed that weak demand and overcapacity continue to weigh
on selling values across the world.
Prices for the high purity 97% CaF2 material are facing


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SAN FRANCISCO — Apple is throwing out most of the real-world graphical cues from its iPhone and iPad software, like the casino-green “felt” of its Game Center app, in what it calls the biggest update since the iPhone’s launch in 2007.
[np_storybar title=”Full coverage of Apple’s WWDC 2013 keynote” link=”http://financialpost.com/2013/06/10/apple-wwdc-2013-live/?__lsa=d17d-bb9d”]
In the company’s first public event in months, Apple Inc. took the stage on Monday at its annual Worldwide Developers Conference.
Continue reading for a play-by-play of the address as it happened.
tap here to see other videos from our team.
The new operating system, called iOS 7, strives for a clean, simple, translucent look. Apple is redesigning all its applications and icons to conform to the new look, driven by long-time hardware design head Jony Ive.
Apple demonstrated the new software at the Worldwide Developers Conference in San Francisco on Monday. The new design direction was widely expected.
The software strives for a multi-layered look, with translucent panels. On the main screen, the background image moves with the movement of the phone, creating an illusion of depth.
As Apple kicked off its annual conference in San Francisco for its developers, executives also showed off a new line of Mac computers and said that updated Siri voice software used on the iPhone now incorporates Microsoft Corp’s Bing search engine.
It’s the biggest change to iOS since the iPhone
Kleiner Perkins venture capitalist Matt Murphy, who runs the firm’s iFund, tweeted that the new iOS platform “Looks livelier, happier, approachable.”
It will also support multitasking for all apps, executives said. “It’s the biggest change to iOS since the iPhone,” said CEO Tim Cook.
Apple also said that Siri, the voice-activated personal digital assistant, comes with all new male and female voices, a new look, and is now directly integrated with Bing.
The revamp of the software behind the devices that generate more than 70% of Apple’s sales is a crucial first step toward luring back consumers choosing competing devices. Apple’s iOS accounted for 18% of global smartphone shipments in the first quarter, while those running Android made up 74%, according to research-firm Gartner Inc.
“IOS 7 is the biggest change to iOS since the introduction of iPhone,” Cook said at Apple’s 24th annual developers conference in San Francisco Monday.
Shares of Apple, based in Cupertino, California, fell less than 1% to US$439.45 at 3:08 p.m. in New York. Apple shares have declined 37% before Monday from a record in September, a month before Apple’s last major product announcement. The period since the debut of the iPad mini is the longest product drought for Apple in at least a decade.
“Apple has been in a funk, and this is an important event to highlight how they are innovating,” said Ben Reitzes, an analyst at Barclays Plc in New York.
Some industry experts have criticized Apple’s mobile operating software, which has retained its general look and feel since its inception, for looking somewhat dated.
Marketing chief Phil Schiller offered the audience a sneak peek at Apple’s upcoming new Mac Pro – its top-of-the-line computer with a sleek cylindrical chassis that he said will feature several times the processing and memory speed and power of the previous generation.
It will be released later this year and be assembled in the United States, Schiller said.
Apple’s stock has fallen 37% after touching a high of $705 in September as competition in the key smartphone market escalated. Some investors believe the company that invented the iPhone is struggling to come up with original new products after cofounder and former CEO Steve Jobs died in 2011.
“Can’t innovate any more, my ass,” Schiller said as he showed off the new Mac Pro. “This is a machine unlike anything we’ve ever made.”
Apple also announced a new operating system for the Mac PC called “Mavericks,” moving away from its penchant for naming its computer software after big cats. The new OS can handle multiple display and “tagging” of documents, among other new features.
Can’t innovate any more, my ass. This is a machine unlike anything we’ve ever made
In an unusual move, Apple also shared the stage with little-known startup Anki, which was given the opportunity to show off a game.
The conference, whose tickets sold out in just over a minute when it opened up in April, comes as South Korean rival Samsung Electronics Co Ltd has solidified its lead in the smartphone market with a 33 percent share followed by Apple with 18 percent during the first quarter, according to market research firm IDC.
Cook is under pressure to show that the company that created the smartphone and tablet markets is not slowing down as deep-pocketed competitors such as Samsung and Google Inc encroach on its share.
Investor concerns centre around whether Apple will be able to come up with more groundbreaking products as smartphone and tablet market gets more crowded.
In April, Apple reported its first quarterly profit decline in over a decade.
Cook told the audience of developers at the Moscone Center in San Francisco that Apple’s App Store now has 900,000 apps, which have been downloaded a total of 50 billion times.
Associated Press, © Thomson Reuters 2013, Bloomberg


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Quickly filling up Netflix's rearview mirror is a sight that no tech company wants to see: Apple.
Apple announced on Tuesday that the company has cut licensing deals with every top film studio--deals that will enable iTunes to offer first-run movies a month after they are released on DVD.
This means that Apple has won a major advantage in the Web movie-rental business. One of the biggest complaints customers have with online movie services is that none offer first-run features. The same is true with some of the video-on-demand services operated by the cable companies.
UPDATE: Netflix made its official announcement on Monday morning.
In an attempt to counteract whatever announcements Apple will make at Macworld this week, Netflix has decided to let subscribers stream unlimited movies and TV shows, with almost every basic plan, the Associated Press is reporting.
Currently, subscribers can watch anywhere from 5 to 48 hours a month, depending on their plan, although I don't see how anyone could be on the "eight-at-a-time" plan. (My two-at-a time plan came with 14 hours.)
The new, unlimited plan will be available to all subscribers, except for those on the two-rentals-per-month … Read more
The long-anticipated set-top box from Netflix is headed toward your living room this summer, according to several major news providers including the Associated Press, The New York Times, and Reuters. The good news is that unlike the optical supremacy battle going on between HD-DVD and Blu-Ray, the capability to tap into Netflix's movies-on-demand service could become a standard option on many upcoming consumer-level DVD players and set-top boxes as an added feature--not the sole purpose. Boxes equipped with the Netflix service (including the purported next revision of LG's flagship BH series of dual HD-DVD and Blu-Ray players) will … Read more
Correction: The authors of the Netflix de-anonymization study contacted me to point out that they originally published a draft of their results a mere two weeks after Netflix released its dataset. Netflix has known about their study for over a year.
Over the past year, there have been a number of high-profile incidents in which sensitive user data was accidentally revealed to the Internet at large. As a result, I believe that high-tech companies will never again share anonymized data on their users with academic researchers, at least not without requiring contracts and nondisclosure agreements. For the users and privacy … Read more
As we have seen, Netflix and NBC have a very solid working relationship, offering exclusive web content for the site in the past. Today, Netflix announced that it will offer episodes of hit NBC shows, such as Heroes, The Office, 30 Rock, and Friday Night Lights to its subscribers for instant viewing online.
Just to clarify, Netflix has offered instant viewing of various DVDs, including Heroes Season 1, prior to today, but now it will be making episodes that are currently unavailable on DVD available for viewing. This also marks the fourth way that you can see NBC shows online. … Read more
It looks like the bottom has finally fallen out of Blockbuster. After numerous failed attempts at attracting new customers, the company is finally spiraling out of control.
Sad as it is, the end is near for Blockbuster, and all that pressure it has been placing on Netflix will be lifted.
And in the end, Netflix will be left standing to fight another day.… Read more
Video stores appear to be heading the way of the car hop and drive-in theaters.
Movie Gallery, which operates under the names Movie Gallery, Hollywood Video, and Game Crazy, filed for bankruptcy on Tuesday, according to a story by Bloomberg. The collapse of the country's second-largest video-rental chain is staggering when one considers that only two years ago, Movie Gallery's stock was trading at $33.
On Tuesday, the stock closed trading at 22 cents, less than the cost of a movie rental.
Netflix and video-on-demand services being offered by cable companies have cut deeply into the traditional video-rental … Read more


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Published: July 29, 2021
New season of The SUMMIT kicks off with the best pricing of the season
The 2022 SUMMIT will return April 26–28, 2022 to Toronto’s Beanfield Centre. After more than a year of virtual events we welcome the opportunity to connect once again to discuss the future of modern payments.
The SUMMIT has always been the meeting point for the payments ecosystem to connect and discuss the future of payments and how Canada has a leading role to play in evolving the global payments ecosystem. The 2022 SUMMIT will build on the success of our 2021 conference, which welcomed a record of nearly 2,100 delegates from 31 countries and more than 300 speakers across the virtual programming.
To kick off The 2022 SUMMIT, we are offering tickets at their best pricing of the season. From now until August 31 save $1,500 off the regular ticket price, which will also include immediate access to all 2021 sessions on-demand. This includes over 87 hours of programming, featuring 17 keynotes and 82 breakouts across nine unique themes.
In case you missed it, notable speakers from the 2021 agenda included Tracey Black, President & CEO - Payments Canada, Paul Stoddart, President, New Payments Platforms - Mastercard, Joni Brennan, President - DIACC, Supriya Syal, Deputy Commissioner - Financial Consumer Agency of Canada, Bruce Ross, Group Head, Technology and Operations - RBC, and more.
This one time offer will expire August 31, so be sure to secure your ticket soon! For all the latest news and information about Canada’s premier payments event subscribe to The SUMMIT newsletter.
We look forward to seeing you in 2022!


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Right after EA Sports announced that they’re changing the name of their long running NBA franchise from NBA Live to NBA Elite, 2K Sports came back with an announcement of their own: they’re putting Michael Jordan on the cover of NBA 2K11.
“We’ve made a lot of progress over the past 10 years, but we know we have the best NBA video game ever made here,” says Argent. “So we thought to ourselves how can we embody that and there was only one person on that list who we wanted to have and that was Michael Jordan. Actually getting this done is the most ridiculous win of all-time.”
“Michael’s last appearance in a video game was in 2004 and over that time the video game industry had continued to grow,” says Estee Portnoy, Jordan’s business manager. “We had been hearing that there was demand from the gamers to have him in the game and this came along and made a lot of sense.”
“It’s an honor to be featured on the cover of NBA 2K11,” Jordan said, in a statement. “I have no doubt that NBA 2K11 will be a big hit with gamers and basketball fans alike. I’m looking forward to getting back out on the court, virtually.”
So what does this mean? While Argent didn’t discuss exactly how Jordan would appear in the game, according to Rovell, he did however “guarantee that the game would be the best selling game in the 10-year history of 2K Sports.” And that’s saying something.
As all true NBA video game fans know, to be able to actually play with Jordan in the game would be an impressive feat. As Rovell notes, “Due to a licensing agreement he had with the NBA, his rights weren’t part of the group licensing agreement that included all the other playersâ€”meaning his likeness didn’t automatically appear in many games while he was playing.” The last game that Jordan was a playable character in was NBA Street Vol. 2, while he is an unlockable character in NBA 2K10.
What do you think?
Follow Aron on Twitter at @the_real_aron.
Follow Dime on Twitter at @DIMEMag.
Become a fan of Dime Magazine on Facebook HERE.


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The latest issue of Business 2.0 is dedicated to finding the next great disruptive companies -- firms that might one day challenge General Electric
Rapid prototyping uses computer-aided-design (CAD) data to help build physical objects layer by layer in three dimensions. In most cases, layers of liquids or powdered plastics are deposited by a printer, then sintered together into a computer-generated shape using ultraviolet light or a laser beam.
Today, the leading companies in the field are 3D Systems
Interestingly, Desktop Factory is soon expected to begin producing a 3-D printer for $5,000, and the others have indicated that the price might drop to less than $2,000 within the next few years. Such printers can be used to manufacture everything from automobile and airplane spare parts to custom-made plastic toys and personalized Second Life avatar figurines.
To understand the significance of this development, it's important to know that just a decade ago, such machines cost more than $100,000, and were the purview of large companies like BMW and Boeing
If the price continues to plummet, the number of companies using these machines could explode. This will be especially true as a new generation of designers comes to understand that they can easily create complex shapes and parts to produce new products that were previously too expensive, if not impossible, to manufacture.
Wohler Associates, a consulting firm specializing in tracking development in the emerging field of rapid prototype manufacturing, has estimated that the market for these machines will grow 360% to 15,000 units by 2012.
All in all, those numbers bear watching. If you're interested in reading more about the field, I'd encourage you to take a free gander at this month's issue of the Motley Fool Rule Breakers newsletter, where I've penned a lengthier article on the subject, "3-D Printing: The Shape of Things to Come?"
Microsoft is an Inside Value pick. BMW is a Stock Advisor selection.


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COSTA MESA, Calif., July 3, 2013 – Hyundai received the 2013 “Concept Car of the Year” award for the HCD-14 Genesis Concept. The vehicle was also awarded the “Most Significant Concept Vehicle of the Year” title for scoring the highest among the category winning concepts. HCD-14 debuted Hyundai’s design direction for future premium vehicles at the North American International Auto Show in Detroit earlier this year.[caption id="attachment_878" align="aligncenter" width="728"] Hyundai HCD-14 Genesis Named Concept Car of 2013 © Hyundai[/caption] Read More
June 3, 2013 – Hyundai Motor Company has today delivered the first of its assembly line-produced ix35 Fuel Cell vehicles to the City of Copenhagen in Denmark. They were handed over by Hyundai Motor Europe, Hyundai Motor’s European sales subsidiary, during the opening ceremony of Denmark’s first hydrogen refuelling station.
The 15 ix35 Fuel Cell units are the first hydrogen-powered vehicles manufactured on a production line to be introduced in Europe.[caption id="attachment_798" align="aligncenter" width="728"] ix35 Fuel Cell Handover in Copenhagen © Hyundai[/caption] Read More
COSTA MESA, Calif., May 16, 2013 – Starting today, all new Blue Link-equipped Hyundai vehicles will come standard with three years of complimentary Assurance Connected Care service. Announced at the 2013 New York International Auto Show in March, Assurance Connected Care is powered by the automaker’s Blue Link telematics platform, which now has enrolled over 400,000 subscribers. Assurance Connected Care makes Hyundai the only non-premium automaker to offer a complete package of complimentary safety and car care services to its owners.Read More
COSTA MESA, Calif., April 29, 2013 – The 2013 Hyundai Santa Fe Sport outperformed its competitors to earn the distinction of “Best in Class SUV/Crossover under $28,000” in the New England Motor Press Association (NEMPA) annual Winter Vehicle Awards, which honor the best cars, trucks, crossovers and SUVs for handling New England’s difficult winter driving conditions.[caption id="attachment_662" align="aligncenter" width="728"] 2013 Santa Fe Sport © Hyundai[/caption] Read More
– HND-9 hints at direction of Hyundai’s next-generation luxury sports coupe – Special design projects strengthen Hyundai’s ‘Modern Premium’ image March 28, 2013 – Hyundai Motor Co., the fastest-growing automaker by brand, today staged a world-premiere of the HND-9, its latest luxury sports coupe concept that illustrates the company’s future design direction. “HND-9 will give customers a glimpse of Hyundai’s future luxury sports coupe models,” said Suk-Geun Oh, head of Hyundai Design Center. “Representing an evolution of Hyundai’s ‘Fluidic Sculpture’ design philosophy, the rear-wheel drive sports coupe concept balances high…Read More