text:
MILAN — Bulgari has acquired a 50 percent stake in the Italian jewelry firm Crova SpA for $8 million.
This story first appeared in the December 24, 2002 issue of WWD. Subscribe Today.
Crova, which specializes in the production of high-end jewelry, serves a number of Italian jewelry firms, including Bulgari, with which it has a 25-year relationship.
“Aside from improving Bulgari’s vertical integration in jewelry production, this agreement enables us, by serving additional third-party clients, to play an increasingly important role in the high-end jewelry segment, which we believe has an elevated growth potential,” said Francesco Trapani, Bulgari’s chief executive officer, in a statement.
Vittorio Crova, president of the firm his family founded in 1845, concurred.
“We are happy to consolidate our relationship with Bulgari. This [deal] will allow us to grow further and broaden our portfolio of clients. Thanks to Bulgari’s organizational and financial capacities, we will strengthen our presence in the high-end jewelry niche and further improve the service to our clientele,” he said.
Crova, based in the Valenza area, employs 350 people and had sales of $35 million this year.


text:
Lahore: As the government is going to complete its one year in power the
Friends of Economic and Business Reforms has hailed it for managing to
narrow down the trade deficit by over 15 percent to around $32 billion in
2018-19 mainly due to drop in import from China.
FEBR President Kashif Anwar, appreciating the government, said that it has
become successful to strengthen the Safeguard Mechanism to protect domestic
products against surge in Chinese imports, however, the authorities have
failed to enhance exports in this fiscal year, which is a great challenge
He said that Pakistan has now comparative advantage in the recently signed
FTA phase-II as compared to the agreement signed in 2006 due to efforts of
this government, as Pakistan’s trade deficit with China has shrunk by over
$3 billion during in 2018-19. The trade balance between Pakistan and China
has shrunk to around $11 billion during the Fiscal year of 2018-19 as
compared to the previous year of $14 billion. He said that the trade was
earlier in China’s favour under Free Trade Agreement (FTA)-I.
However, in April 2019, Pakistan and China agreed on second phase of FTA to
reduce the Pakistan’s trade deficit. Prior to the signing of Phase-II of
the FTA with China, the government took into account the interests of the
Pakistani industrialist through substantive consultation process with
different chambers and trade associations.
According to the data, the trade deficit between Pakistan and China was
continuously increasing till the fiscal year 2017-18 when it has reached to
However, in last fiscal year, the trade imbalance between two countries had
come down by $3.2 billion.
He suggested taking serious measures for enhancing exports too, as the data
showed that exports to China has not shown healthy growth as compared to
the imports of Pakistan from China.
He said that overall country’s exports contracted in June of 2018 despite
over one-third depreciation of the rupee against the US dollar. The
government missed its export target by $4 billion as total exports stood
below $23 billion at the end of fiscal year 2018-19.
He said that the government also missed the trade deficit reduction target
by $5.8 billion, although the gap between exports and imports shrank by
over 15 percent.
Overall, the trade deficit, which stood at $37.6 billion in the preceding
fiscal year, shrank to $31.8 billion in the just ended fiscal year 2018-19.

domain: news


text:
Shenyang, Liaoning province-based Chinese bio-pharmaceutical firm 3SBio Inc., backed by CITIC Private Equity Funds Management Co. (CITIC PE), has acquired small molecule manufacturing firm Zhejiang Wansheng Pharmaceutical Co., Ltd. for RMB528 million (US$85 million), according to a company announcement.
The company just completed an initial public offering in Hong Kong, raising net proceeds of HK$4.17 billion (US$538 million). Around a quarter of the share sale was existing investors selling their shares.
Funds affiliated with BlackRock Inc., GIC Private Limited, and Industrial and Commercial Bank of China Ltd. were among the cornerstone investors.
CITIC PE held around 29.38% of the company after the IPO, according to the company’s prospectus.
In 2013, then NASDAQ-listed 3SBio Inc. was taken private by its CEO and CITIC PE in a deal that valued the company at US$370 million.
Zhejiang Wansheng’s current product portfolio includes six anti-diabetic and hypertension products commonly used by chronic kidney disease patients, as well as six oncology products.
The company achieved turnover of RMB279.4 million and net profit after tax of RMB26.6 million for the year ended December 31, 2014.


text:
Lookouts Announce Inaugural Fan Fest
The Chattanooga Lookouts will be holding the team's first-ever Fan Fest on Saturday, March 16th at AT&T Field. The free event, which will take place from 10 a.m. - 2 p.m., will involve a full line-up of fun activities for all fans. Additionally, single-game tickets for the 2013 season will officially go on sale at the start of the event. This event will also be the first day in which season ticket holders can pick-up their tickets.
During Fan Fest, fans will have the opportunity to take a stadium tour, record a home run call in the Lookouts Radio Booth, hit in the Lookouts' batting cage, check out the speed of their fastball, purchase game-used memorabilia, and take part in numerous other games, giveaways, and activities.
Additionally, children will have the chance to take part in an art contest in which the winner's piece will be featured in the final edition of the 2013 Lookouts program. Also, Fan Fest will offer face painting, and the Lookouts' mascots will be on hand to interact with fans.
In addition to individual tickets going on sale, fans will have the opportunity to purchase an Opening Day general admission ticket season ticket for just $1 by attending Fan Fest. Fans can also receive a free general admission ticket to Opening Day by putting a canned food item into Lookouts' Dodger Blue antique truck, which will be located outside on the outside plaza, to benefit the Chattanooga Area Food Bank.


text:
PAREXEL - Chuck Stevens Discusses Innovation in the US Healthcare Market
At DIA this year, I was on a panel looking at innovation in the US healthcare market and the panel discussed whether or the United States could continue to afford innovation as it relates to new high priced drugs coming to market. We also talked about a number of stakeholders in the US healthcare system, and how all of them have a role to play in not only developing new technologies but making healthcare more affordable. It’s a critical issue for the industry today because more and more drug companies are coming out with products and developing products that are very targeted in what they do. They’re looking at helping people with rare disorders, with cancer, with Alzheimer’s, and with that, it is very important for them to understand the US healthcare market , the global market, from not only a clinical perspective but a regulatory and commercial perspective to make sure that ultimately patient consumers get access to therapy. Well, PAREXEL is positioned to combine Clinical, Regulatory, and Commercial strategies throughout the drug development continuum, so we’re able to advise clients very early on what the market place may look like post-approval. That allows for manufacturers to not only realize Regulatory approval but post-approval commercial success. The benefit for all of us in society is drugs get approved and patient consumers get access.


text:
Japan loves low-tech handsets
Camera most used feature
Japanese people usually get their hands on cutting-edge technology before anyone else. But many of them don’t make much use of the latest in mobile phone hardware, a recent study has found.
The survey questioned almost 15,000 Japanese folk about which phone features they use most frequently. It found that 84 per cent of handset users ranked their phone’s camera as the most frequently used application, closely followed by the calculator and the alarm clock.
Only around 50 per cent of respondents had ever used a mobile phone to read a barcode or transfer information over infrared, whilst only around 18 per cent had ever used GPS services on their handsets.
On a positive note, over 70 per cent of people had at least used the multimedia functions on their handsets, such as a digital TV tuner, an FM radio, or music and video playback. However, memory cards were still only used by around 30 per cent of those questioned.
Japanese people don’t all want to live life in the fast lane either. Around 47 per cent said they were satisfied with the speed at which their mobile phones display information, update the screen and respond to button pushes. Only 2.9 per cent of people were very dissatisfied.


text:
Apple will finally fill in all of the blanks surrounding the Apple Watch during its big press conference on Monday. The company’s first entry into the wearables and fashion markets is expected to make some serious waves on both fronts, and the device will be like nothing Apple has ever sold before. Apple will be the first technology company to truly treat a smartwatch as a fashion accessory, and we’re expecting the device’s price tag to reflect that.
Of course, there’s an even bigger question mark than the gold Apple Watch’s price tag: How long will the device’s battery last on a charge?
9to5Mac’s Mark Gurman has a solid track record when it comes to details on unreleased Apple devices, and he just weighed in on the pressing question of how long the Apple Watch will last per charge.
The Apple Watch’s battery life has concerned many prospective customers, as Apple said only that the Watch will need to be charged nightly. Earlier this year, we reported that Apple’s development targets for Apple Watch battery life were 2.5-4 hours for heavy app usage, versus 19 hours per day of combined usage between light app access, notifications, and Glances. Sources who have handled the Apple Watch tell us that Apple has improved the device’s battery life, noting that the final Apple Watch should be able to handle 5 hours of fairly heavy application usage, it and won’t run out of battery during a typical day of mixed active and passive use. However, the source says that the device will still need to be charged nightly, as it will definitely not last through a second full day.
In other words, it’s exactly what we expected. With typical use, the Apple Watch’s battery will last for a full day on a charge and will then need to be recharged overnight. Most people don’t use their watches while they sleep, so this shouldn’t be too much of an issue for most users.
Apple’s big Apple Watch event is scheduled to begin at 1:00 p.m. EDT on Monday and we’ll be covering all the news as it breaks right here on BGR.


text:
Stores in Grayson and Olive Hill did brisk business this past Saturday, as local shoppers turned out to support their towns’ small business owners on Small Business Saturday. Small Business … Read More
It takes a lot of fudge and raffle tickets to raise over $18 thousand, but that’s exactly how Ralph’s FoodFair raised the $18,530.66 they presented to the American Cancer Society … Read More
Fall is a good time to renovate cool-season pastures and plan for the future of your pasture management program. If you have ever wondered how forage specialists develop their recommendations … Read More
Hamilton Law Group opens Olive Hill office
Running a farm store wasn’t necessarily what Jennifer Owens or her brother, Roger Rayburn, planned on doing. But when the opportunity to purchase Globe Farm Supply presented itself earlier this … Read More
Jerry Yates is passionate about creating good job opportunities here at home, so young adults don’t have to leave the area for work unless they want to. Yates, Senior Representative … Read More
Click here to view the full report from the Kentucky Department of Agriculture.
Grayson Chamber of Commerce president Michelle Wilhoit shared information from the U.S. Small Business Association about COVID-19 related funds and loans that may be available for businesses suffering during the … Read More


text:
March 20, 2023
What’s The Deal with E-bikes?
Electric bicycles are booming across the Midwest, offering surprising potential for more sustainable transportation.
How we get around can have a big impact on the planet, public health, and your pocketbook. The transportation sector is the leading source of carbon emissions in the Midwest, mainly fueled by gas cars. Public transit and electric vehicles are great alternatives, but not everyone lives near transit, and a new car isn’t the right solution for everyone. In the past few years, electric bicycles have burst onto the market, filling a different niche than other modes of travel.
Riders can get around quickly, transport kids and cargo, and travel farther with less effort than traditional bikes or walking. An e-bike can be a great last-mile option for someone who lives far from public transportation, and it costs a lot less than a car. Cities, states, and even utilities are exploring e-bike rebates as cost-effective solutions to reduce transportation emissions and congestion. Both Illinois and Minnesota recently introduced state bills to incentivize e-bikes. At ELPC, we’re interested in climate solutions of all sizes, so we investigated e-bikes’ environmental impacts and some opportunities ahead.
What is an e-bike?
Most electric bicycles look and ride like other bikes. Riders still pedal and brake like usual, they just get a little more umph to go farther, carry more, and overcome difficult terrain or physical challenges. Class 1 e-bikes are speed-limited to 20 miles an hour, and they have pedal-assisted motors that engage only when the rider pedals the bike.
Riders have the same rights and responsibilities as folks riding normal bikes on our roads and trails, and you can usually purchase, service, and repair them at your local bike shop. Some have longer front or back sections that help riders carry kids or groceries, known as cargo bikes.
Class 2 e-bikes have throttles (so riders don’t have to pedal), and Class 3 e-bikes can go up to 28mph, but once you get into higher speeds and different specs there are a lot of other things to consider. So, let’s focus on Class 1 e-bikes which are the most popular and familiar.
Electric bikes create no carbon emissions or air pollution while riding. But even if you factor in the impacts of manufacturing, electric charging, and food for the rider, an e-bike is responsible for 93% less climate impact than a fossil-fueled passenger vehicle per mile. In the chart to the right, vehicle impacts include manufacturing, transit includes train and bus average impact per passenger mile, and walking/biking numbers are based on the food impact of calories burned per mile. E-bikes and EVs factor in charging on the average American electricity mix.
52% of all trips in the US are under 3 miles. That’s a lot of trips that could be done by bike! Of course, biking isn’t for everybody, and Midwestern weather isn’t always cooperative, but the more options people have, the more we can reduce pollution in the air, wear on our roads, and traffic to make it easier for those who do need to drive.
E-bikes in the Midwest
As of 2021, an American bought an e-bike every 52 seconds, outselling EVs by 50%. Sales almost doubled in 2020 and again in 2021, hitting over a million bikes sold in 2022. This $18 billion industry supports major Midwest companies like Trek (based in Wisconsin), and hundreds of small businesses like Briar Ridge Bikes in Solon, IA, Pedal Bicycles in Kalamazoo, MI, or Joy Machines Bike Shop in Cleveland, OH.
While some people buy their own e-bikes, many also utilize bikeshare programs. 14 of the 19 Midwest cities with bikeshare systems include e-bikes along with electric scooters and traditional bikes. Bikeshare offers a great last-mile transit connection, and takes care of maintenance and storage security, so riders don’t need to worry about theft, lockup, or carrying bikes inside. While bikeshare is designed primarily for locals, tourists make up about 1/3rd of system ridership, and bike-riding visitors typically frequent more local businesses and spend more than other tourists, providing a boost to the local economy. Nationwide surveys show about 37% of bikeshare trips directly offset car trips, getting thousands of cars off the road, and offering a nimble, efficient solution to get around.
Some communities are starting to explore e-bike rebate programs, similar to those offered for EVs, to help spur the market and improve equitable access to reliable safety–certified models. Cincinnati, Ann Arbor, and utilities like Eastern Iowa Light & Power Cooperative are already piloting such programs. This spring, Chicago nonprofit Equiticity will be working with ComEd to offer rebates, repair classes, and job training to North Lawndale residents through their Mobility Opportunities Fund.
There are several ways that cities, states, private companies, and even utilities can help make biking easier, safer, and more accessible. Municipalities can expand their bikeshare systems and better integrate with public transportation through public investments and public-private partnerships. They can also use new federal infrastructure funds to invest in bike lanes and other traffic calming measures, which studies show improve safety for all road users while benefiting local businesses.
States and larger cities could consider e-bike rebate programs, modeled after success in the Midwest, in states like Colorado and California, or cities like Austin and Denver. ELPC pulled some top-line numbers to explore how Chicago might benefit from such an opportunity.
Denver’s e-bike rebate program cost $4.8 million, reached 4,726 riders, and replaced an average 22 miles of car trips a week per rider. If a Chicago program was equally successful, it could reach nearly 18,000 riders for just over $18 million. If Chicago riders offset car trips at the same rate as Denverites, it would save about 6,700 metric tons of carbon emissions per year. For context, if that same $18m went into Illinois’ EV rebate program, it would get 4,500 people driving cleaner and save 6,300 metric tons of CO2 per year, so e-bikes would help more people and reduce more carbon for the same money. An analysis in DC came to about the same conclusion, that e-bike rebates are a cost effective way to reduce carbon emissions.
E-bikes would help more people and reduce more carbon for the same money
This year, ELPC joined Ride Illinois, the Active Transportation Alliance, Equiticity, the Illinois Environmental Council, and the Metropolitan Planning Council in calling for a statewide e-bike incentive program in Illinois. So we were thrilled to see HB 3447 introduced in the Illinois legislature and SF 2653 / HF 2360 introduced in the Minnesota legislature, helping to kick off the conversation at the state level here in the Midwest. Again, e-bikes aren’t for everyone or every situation, but they are opening new opportunities for many people to reduce their transportation emissions. ELPC is happy to support climate solutions of all sizes, and we’re eager to see where these new opportunities can take us.


text:
By KEN BERNSTEINREICHREICH/THE WASHINGTON TIMES A multinational plastics company made millions of dollars selling the same old plastic bottles that were so widely used that their prices rose, but instead of buying recycled plastic, it built its own, cheaper and recyclable plastic bottles.
It was called regal.
The company has now paid $1 billion in fines and settlements to the U.S. government and regulators for the $1,212 billion fraud that went on from 1997 to 2003.
Regal, which now sells in China and Europe, did not respond to a request for comment from The Associated Press.
It said in a statement that the company’s actions in the past 30 years were driven by “the need to be competitive and to innovate.”
Regal did not pay a penny in fines or settlements, which the company said was a “major achievement” in reducing its environmental footprint.
It also said the fines and settlement helped “reduce its environmental impact.”
The company is a major target of the U


text:
The Cash Game Festival (CGF) is thrilled to announce an exclusive mobile partnership with Pokio, the only dedicated stand-alone real-money legal mobile poker app in Europe.
Pokio will host a CGF club within the app for our players to enjoy cash games around the clock. Games are available in many of the popular formats we have featured at our live festivals including No Limit Hold’em, four and five card Pot-Limit Omaha, and Open Face Chinese Poker.
In addition, Pokio is the only real money app in the world supporting Sviten Special, also known as Drawmaha. Sviten Special has been a popular side game at every one of our dozens of live international festivals over the past three years.
The Pokio app is licensed by the Malta Gaming Authority (MGA) and funds are secure with a wallet that accepts credit and debit cards along with bank transfers.
Between them, CGF and Pokio cover both bases in offering unrivaled cash games for both live and online cash game players.
With this in mind, we look forward to a fruitful collaboration which allows our players to enjoy the games at the Cash Game Festival from the palm of their own hands while providing Pokio players a unique opportunity to join us for a Cash Game Festival poker holiday.
CGF and Pokio will celebrate the launch of the new partnership by awarding one of our players a package to our next Cash Game Festival valued at €1,500 with a promotion to be announced soon. The package includes stake money, hotel accommodations for two people, and, of course, our famous VIP hospitality package.
Players will win a raffle ticket for each 100 cash game hands they play in the CGF Pokio Club during August. The winner will be chosen via a random live drawing live on Facebook on September 1.
Cash Game Festival COO Mauritz Altikardes shared his excitement: “We are excited about our new collaboration with Pokio. The partnership will allow our players to enjoy the games they play at our festivals from wherever they are from their mobile devices. This provides a natural extension to our players to be able to play against others with their friends from the ever-growing Cash Game Festival family.
Pokio will allow us to cater to our players and provide promotions throughout the year including packages to our upcoming stops.
We look forward to a magical relationship with the only real-money poker app in Europe.”
Pokio CEO Manuel Lopes adds: “We’re very excited to enter this partnership as the exclusive mobile partner of the Cash Game Festival. The two brands have a lot in common and we are very proud to be working together in providing the best mobile poker experience to our players from various countries around the world.
This is a unique symbiosis between a live cash game series and a regulated native mobile Poker app. A global first of its kind. With Pokio, players will be able to find features otherwise usually found only live like ‘run it twice or three times’ and play their favorite games like Drawmaha (Sviten Special).
Cash Game Festival is known for its impeccable service to payers as well as outstanding live streaming and coverage of their events with top industry professionals and players. We’re extremely excited to be a part of it and looking forward to a bright future together.”
Download the Poker app on Android devices through this link or at the App Store at this link. Then simply register to our club billing filling in the 100197 ID in the Recommended Club field upon registration or search for our club from the Club Tab in the lobby to get in on the action. Also join our CGF Pokio Facebook group.


text:
GYOR, Hungary – Audi Hungaria Motor Kft. celebrates the official rollout of the new Audi TT coupe at its plant here. Job One actually took place a few weeks ago, but Audi AG wanted to wait to celebrate the event until the new Hungarian government was sworn into office and Minster of Economy and Transport Janos Koka could drive the TT off the line during the ceremony. “The TT project in Gyor was realized within only 20 months,” says Audi Hungaria Motor Chairman Thomas Faustmann. “We have ...
Premium Content (PAID Subscription Required)
"Audi Marks TT Coupe Launch in Hungary" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642


text:
Facebook has announced an upgrade to its BlackBerry application, allowing greater integration between your handset and social networking profile.
As part of the new 1.5 upgrade to the application launched last October, users will find their Facebook contacts integrated into their BlackBerry phone book, complete with picture from the site.
There's also loads more language support, including Dutch, Polish, Chinese and Korean.
IM from within
For those of you that long to instant message your Facebook friends all day long will be pleased to find out that you can do so from within the client, and the messages will also appear in your inbox should you forget to save them and then endure sleepless nights trying to frantically remember what they said.
Notifications, such as letting you know that someone has thrown a wolf at your pirate or something, will be pushed to the device, and the application will also give the ability to take photos and upload them straight to your Facebook account.
It's a free download, so if you're a BB user and feel like there's not enough social networking in your life already should pop the Facebook for BlackBerry 1.5 on your phone... go on, it's a Wednesday. Not much else is happening.
Sign up to receive daily breaking news, reviews, opinion, analysis, deals and more from the world of tech.
Gareth has been part of the consumer technology world in a career spanning three decades. He started life as a staff writer on the fledgling TechRadar, and has grown with the site (primarily as phones, tablets and wearables editor) until becoming Global Editor in Chief in 2018. Gareth has written over 4,000 articles for TechRadar, has contributed expert insight to a number of other publications, chaired panels on zeitgeist technologies, presented at the Gadget Show Live as well as representing the brand on TV and radio for multiple channels including Sky, BBC, ITV and Al-Jazeera. Passionate about fitness, he can bore anyone rigid about stress management, sleep tracking, heart rate variance as well as bemoaning something about the latest iPhone, Galaxy or OLED TV.


text:
PRIMARK is set to open a huge branch in Sevilla at the end of this month.
Located in the Lagoh shopping mall, it will come complete with a beauty salon and cafeteria.
The sweeping store will have a commercial area of 7,000sqm spread across two floors.
Modelled on the huge Birmingham store in the UK, it will be one of the biggest stores in Spain.
Primark, an Irish company, plans to continue its expansion in the country with openings also happening in Barcelona and Bilbao.
The group’s flagship in Madrid has 12,500 square meters, five floors, 91 dressing rooms, 131 cashiers, one showroom and 580 employees.


text:
A startup company has emerged from the shadows with millions in funding to create what seems to be an imperative layer to the non-fungible token (NFT) ecosystem.
The startup company is called Mnemonic, and according to a report from Forbes, Mnemonic has raised a $4 million funding round to create what is essentially an archive of everything that has happened in the NFT space. While this data is already public, it isn't easily accessible to companies that are looking to navigate and track the NFT market - this is the problem Mnemonic is going to attempt to solve.
The startup intends for companies to be able to easily track and navigate the NFT market as well as build their own applications using Mnemonics Application Programming Interface (API). Mnemonic founders also say the application has more use cases than just tracking and navigating the market. One alternative use case is authenticating goods from expensive brands such as Louis Vuitton, integration into gaming ecosystems, and more.
Mnemonic has landed its seed funding from multiple investors and is preparing for its launch to the general public sometime next year. Additionally, the startup has received interest from multiple Fortune 500 companies.
Mike Winkelmann (Beeple) NFT that sold for $69 million.
If you want to read more about cryptocurrency, check out this link here.


text:
It is no news anymore that electric vehicles are the future of the automobile industry. People are becoming more aware of the menace caused by fuel fumes and carbon emissions. Moreover, electric vehicles are also becoming a status symbol, and people who own these vehicles are considered to be more popular and affluent than the rest. Therefore, a surge in the demand for these vehicles is being seen.
Electric vehicles need to be normalized and made more accessible. For this, the efforts of the regular people are not enough. Governments and authorities have to promote them as well. Following this strategy, Joe Biden has recently taken an initiative in this direction. He has given an executive order for the federal government that their state vehicles must be electric ones. Moreover, he has also given a milestone for 2030 that states that half of the sales of cars done in that year must be those of electric vehicles. The number is suspected to rise to 97 percent.
According to the Electrification Coalition Executive Director Ben Prochazka, this will set a remarkable precedent for the masses to follow. The large fleet of state vehicles will be enough to boost and enhance the growth of the electric vehicles market. Moreover, this will also make the cars popular and the people will follow.
According to the test run by total cost of ownership (TCO) metric, this fleet will save a lot of money for the government. If around 40 percent of the fleet is converted into electric vehicles, by the year 2025, the savings can reach up to $316 million. Besides monetary benefits, this transformation will also be massively beneficial for the environment, it will reduce up to 7.6 million metric tons of carbon emissions as well.
In order to support and aid this transition, the infrastructure budget was $1 trillion was passed by the Senate. Out of this, $7.5 billion is for EV charging stations. Other states are also enabling this futuristic infrastructure individually. You can see the report here.


text:
TRAI chief RS Sharma said, the regulator has always tried to ensure that the choice always lies in the hands of the consumer.
Telecom Regulatory Authority of India (TRAI) Chairman RS Sharma rued that cost of data in India delivered via satellite technology was 400 times higher than that in the US, presenting a stark contrast to telecom and mobile services domain where India is offering one of the cheapest tariffs in the world.
The watchdog also promised to shortly begin "audit" of subscriber management and other IT systems of errant operators.
Sharma added that interoperability in a product should not come as an "after thought" but should be in place at the product planning stage itself.
Trai Chairman R S Sharma said that the regulator, however, has recommended various measures to lower levies on the sector to help improve the financial health of stressed operators.
'We already have a paper on OTT (over-the-top). We will come out with appropriate recommendations and regulations in near future. Couple of months from now,' Sharma told PTI at the Mobile World Congress 2019 here.
Subscribers yet to choose their channels may get transferred to a basic free-to-air pack which has 100 standard-definition channels for Rs 130 per month.
In his first interview after winning a second term at the helm of TRAI, Sharma said legal options are available for anyone not happy with a particular regulation of the Telecom Regulatory Authority of India (TRAI).
The Appointments Committee of the Cabinet has approved reappointment of Sharma as chairperson of the Telecom Regulatory Authority of India (TRAI)
Soon after RS Sharma’s Aadhaar number was out on Twitter, began the “Doxing,” essentially dumping of personal details of a person in the public domain.
The TRAI chief dared people to harm him using his Aadhaar number.
"For Aadhaar enrollment, we collect just four set of data - your name, date of birth and your communication address. Nothing more, nothing less. Similarly every app must collect as much data as is required," Sharma told ET Now in an interview here yesterday.
The problem has only become severe in the last few years as more and more users come to possess smartphones and use more data.
A conversation with TRAI Chairman RS Sharma can’t be without a discussion on interconnect user charges.
Defending the decision to slash interconnect rate to 6 paisa a minute from 14 paisa starting October 1 and zero from January 1, 2020, Sharma said in an interview to PTI that the cost of handling calls has been calculated in a transparent manner and the spreadsheets used for doing so are open to scrutiny by anyone.
The consultation paper of spectrum auction and pricing is "ready" and the telecom regulator hopes to release it this week, Sharma told reporters on the sidelines of ITU-TRAI Asia Pacific Regulators Roundtable.
In a sharply worded letter to TRAI, Telecom Secretary JS Deepak questioned the promotional tariffs offered by telcos which have resulted in losses of up to Rs 800 crore in revenues for the government, reports Economic Times.
Telecom regulator TRAI is examining the limited fixed mobile telephony services of Bharat Sanchar Nigam Ltd following objections raised by the cellular operators, and a decision is expected soon.
"The operator-assisted drive tests have started in all the five regions of TRAI, and a number of cities have been covered," its Chairman RS Sharma told PTI.
TRAI met up with telecom companies earlier this month to set agenda for 2018. Issues such as internet of things and framework for data-related issues were discussed., RS Sharma, Chairman of TRAI said.
"There is one area where we need to do a lot of work and that area is broadband connectivity," Trai Chairman, RS Sharma said.
With the government's thrust on digital payments post demonetisation, the telecom regulator TRAI is working full swing to enable digital payments by way of USSD, which enables feature phone users to transact digitally without internet. Over 70 percent of people in India are feature phone users.
Telecom regulator Trai is expected to release this week its recommendations on free data services in the wake of its ban on free Internet platforms like Facebook's Free Basics and Airtel Zero.
Noting that telecom operators had often blamed lack of spectrum for poor service quality, TRAI recommended all spectrum available be auctioned to end the scarcity, he said in his first interaction with CNBC-TV18 after the auction.
Mobile phone companies now can‘t use spectrum scarcity as an excuse for poor quality of services, TRAI Chairman RS Sharma said.


text:
Axon Partners and Grupo Pegasus led a US$6.2m investment in Mercadoni, a Colombian grocery delivery app.
- Mercadoni (www.mercadoni.com.co) – the leading online groceries-only platform in Colombia – received one of the largest Series-A rounds in LATAM.
- It relies on +3 thousand personal shoppers to deliver its orders from more than 100 retail partners across the largest cities in Colombia, Argentina and Mexico.
- Mercadoni is generating operational profit in all the markets it operates and has grown more than 9x since receiving its $2M Seed-round in 2016.
Bogota, Colombia, May 31st, 2017. Mercadoni closed a 6,2M USD investment round, led by Axon Partners Group and Grupo Pegasus. A group of high profile retail investors also joined the round.
Mercadoni relies on more than 3,000 personal shoppers to deliver its orders in less than 1 hour. Mercadoni´s platform is deeply integrated with its grocery retail partners and currently works with over 100 retailers, which include some of the largest retailers in the region such as Cencosud, Makro and Walmart, and with some of the most recognized CPG brands. Mercadoni has over 250,000 recurring users and has grown 9x since its seed round last year.
Latin America, Mercadoni’s home market, while often seen as an underdog in digital development has perfect conditions for delivery business models. Colombia alone boasts a USD 40 Billion Grocery market, most of which is concentrated in few densely populated cities. Latin-American cities often have safety issues and chaotic traffic –ranked among the worst in Waze’s world traffic rank – which leads consumers to appreciate home-deliveries more than in other parts of the world. Another major enabler of the model in LATAM is the relatively low labor cost. In most LATAM cities, a significant part of the population has limited employment opportunities, often with <2 USD hourly pay. Mercadoni creates better work opportunities while delivering cheaply to a busy and growing urban middle class hungry for convenience.
From day one, Mercadoni has focused on sustainable growth and has reached positive operational profit in all the markets it currently operates. This is an important achievement in an internet vertical where many mature companies in developed markets have still not been able to reach this milestone. Mercadoni has achieved this by focusing early on micro-optimizing the algorithms, logistics processes, and app interfaces on which its logistic infrastructure runs. According to Antonio Nunes, one of Mercadoni’s Co-Founders, “We are obsessed about creating the technological efficiencies that will generate the next 1 cent of savings in our delivery cost.”
Pedro Freire, another of Mercadoni’s Co-Founders, highlighted that “when we launched Mercadoni, we chose to focus on a specific but complex problem: the grocery shopping experience, where people often waste more than 4 hours every week. We are excited that this new investment round will allow us to step up our efforts to crack this problem in LATAM and be an industry disruptor that has not changed for many decades in the region”
Mercadoni’s new funding round is a testament that in LATAM, despite the low-level of development of mid-stage tech investments and the current challenging macroeconomics, sustainable new companies in promising large markets keep flourishing.


text:
Cybersecurity firm Palo Alto shares climbed more than 11% in premarket trading on Friday after the company reported stronger-than-expected results and raised its guidance for the year.
Palo Alto (ticker: PANW) said cyber attacks out of Russia had increased since the invasion of Ukraine, increasing the demand for protection. While shortages of supplies such like chips are destroying margins, the company reported that it’s not feeling pressure on demand from its customers from faster inflation.
The results seem to indicate that companies don’t have reservations about spending money on cybersecurity even as higher energy and food prices affect demand for other things. That brightens the outlook, especially because technology stocks overall are getting hurt by prospects for an economic slowdown and higher interest rates.
It’s also an indication that the war in Ukraine will provide a much-needed boost to computer security providers, despite widespread supply-chain problems. In stark contrast, Cisco (ticker: CSCO), which offers networking parts and services, placed the blame on supply issues for disappointing results this week.
Palo Alto’s examination of its earnings revealed “elevated security awareness, no current pressures from inflation or economic activity, and management actually less worried about budgets now vs during Covid,” said RBC Capital Markets analyst Matthew Hedberg. “The stock remains in front of a number of potential catalysts.”
Shares surged by 11% to $484.69 in premarket trading on Friday. The company reported revenue rising 29% from a year earlier to $1.4 billion. The expectation is that revenue will continue to grow as high as $1.55 billion in the current quarter, or an annual increase of between 25% and 27%.


text:
BMW workers try on an Iron Man suitSun, 26, Jun 2016
BMW experiments with an exoskeletal device to fight U.S. worker fatigue.
Cheeky, 'Happy Days' and styling tropes: What people think of Mini's Vision Next 100Tue, 21, Jun 2016
Dubbed an “urban go-kart,” Mini's newest concept, the Vision Next 100, imagines a future dominated by electric juice, car-sharing and autonomous driving. Here's what people are saying about the Mini Vision Next 100 concept.
Mini, Rolls-Royce concepts prepare for an autonomous futureThu, 16, Jun 2016
BMW's Mini and Rolls-Royce brands unveiled concepts that show their ideas for future self-driving cars.
Virtual red carpets and a fancy Siri: The Rolls-Royce Vision Next 100 and what people thinkTue, 21, Jun 2016
BMW Group turned 100 in this year, and to celebrate, each of the company's three brands has unveiled a “Vision Next 100” concept. Rolls-Royce's concept, the Rolls-Royce Vision Next 100, also known as the 103EX, is perhaps the most exquisite of the three. Here's what people are saying about the Rolls-Royce concept.
BMW seeks partners in race to build self-driving car's brainTue, 21, Jun 2016
BMW is accelerating plans to acquire technology expertise in a race with the likes of Apple and Google to make cars smart enough to react like human drivers.
BMW looks beyond hackers to more connectivitySat, 18, Jun 2016
BMW employs hackers to foil future hackers. But the company's larger focus is on how to make the most of next-gen connectivity.
Mexico plant could build any BMW rwd vehicleMon, 20, Jun 2016
BMW's new Mexico plant, slated to begin producing the next-generation 3-series sedan in 2019, will be capable of building any of the automaker's rear-wheel-drive vehicles.
BMW to build next-gen 3-series sedan in Mexico starting in 2019Thu, 16, Jun 2016
BMW will revive North America output of its best-selling U.S. model when it begins producing the next-generation 3-series sedan in a new factory in Mexico starting in 2019. BMW plans to build as many as 150,000 cars annually at the plant, where the automaker will invest $1 billion.
BMW recalls X3, X4 to repair child restraint anchor barsWed, 15, Jun 2016
BMW is recalling 188,670 X3 and X4 crossovers in the U.S. to fix potentially faulty lower anchor bars used in securing child restraint seats.
Non-BMW dealers can buy off-lease vehicles from BMW FinancialMon, 13, Jun 2016
BMW Financial, assisted by Cox Automotive, is making its off-lease vehicles available to non-BMW dealers. The move comes in anticipation of many years of growth in the number of off-lease vehicles.
A car that knows how you feelMon, 13, Jun 2016
BMW CEO Harald Krueger said the breakneck speed of technological advances is giving automakers new rivals such as Tesla but also new opportunities in areas such as artificial intelligence.
Brace for change, BMW's sales chief warnsMon, 13, Jun 2016
BMW sales and marketing chief Ian Robertson warned that the marketplace for transportation is evolving at a far faster pace than only recently believed by the car industry, likening incumbent automakers to frogs in a pot slowly cooking to a boil.


text:
There is confusion as to how the economy is doing under the impact of demonetisation. The Index of Industrial Production rose by 5.7% in November as compared to the decline of 1.8% in October. This was unexpected and has given relief to the government which has been reeling under daily reports of industries and businesses floundering since November 8, when demonetisation was announced by Prime Minister Narendra Modi.
However, a report by the State Bank of India, based on a survey in Maharashtra in early January, suggested a sharp decline in business in Mumbai and Pune. Earlier, the All India Manufacturers’ Organisation projected a drop in employment of 60% and loss in revenue of 55% before March 2017. Another chamber of commerce and industry had shown that in different categories, between 80% and 50% of the enterprises surveyed reported a sharp drop in their business. The biggest fall in services and manufacturing in three years was noticed in Nikkei India Manufacturing Purchasing Managers’ Index or PMI data for December. Credit growth has been the lowest in 60 years.
Reports of distress among farmers have been appearing in the media. Farmers have not been able to get a remunerative price for their perishables like vegetables and have even given them away free or fed them to cattle or thrown them on the roads in protest. The government reports, however, show a 7% rise in acreage under rabi crops (sown in winter, in this period after demonetisation was announced) and a rise in off-take of fertilisers. The implication is that agriculture would not suffer a decline in spite of the hardships in rural areas due to the demonetisation-induced shortage of cash for carrying on farm operations.
The government has presented data to show that tax collection is rising and not falling. Direct tax collection rose 12% and indirect tax collection rose 25% in the April-December period in comparison to the same period last year. However, in the first three months, tax collection rose even faster, direct taxes by 25% and indirect taxes by 31%. The Value Added Tax collections by states showed an increase of 18% in November and for 17 states in December they rose by 9%. Does this imply that demonetisation did not affect production and sales, belying expectation of adverse impact of demonetisation?
But what about the anecdotal evidence appearing daily in the media showing a decline in industry after industry – automobiles, jewellery, plantations, construction, real estate, fast-moving consumer goods, health-care and so on. The decline seems to be not only in the unorganised sector but also the organised sector. The unorganised sector has reported massive retrenchment of workers and reports suggest that the unemployed workers are going back to their villages since they are unable to survive in urban areas. This has increased distress in rural areas since these people used to send money home to support their family. Now, they are adding to the burden on the family. There are reports of a sharp rise in employment sought under Mahatma Gandhi National Rural Employment Guarantee Scheme.
Who is right?
So, where is the catch? Is the official data or the anecdotal evidence daily being reported in the media correct?
Demonetisation immediately hit the unorganised sector and later the organised sector. So, in November, the unorganised sector production was hit and it led to unemployment there. This affected demand in the organised sector and led to an increase in inventories as sales fell. Indeed companies like GAIL were reported to be looking for additional warehousing to stock the unsold inventory of some of its products. So, production may not have immediately declined in the organised sector. This would have happened in the latter part of November.
The Index of Industrial Production reflects the organised sector performance. It is also often revised as more accurate data comes in with a time lag. Revisions can be large, especially when there is a sharp change in the economy, something that demonetisation triggered. So, we will have to wait for the correct data for November to come. Further, this data may not be representative of what is happening to the industrial sector because it does not directly capture unorganised sector data and that can cause a substantial revision later on.
The unorganised sector data are not directly captured in the Index because in many sectors it is assumed to be a proportion of the organised sector production. So, if the organised sector production does not show a fall, the data would not show a decline in the unorganised sector, even if actually there is a decline. So, demonetisation has led to a rupture between the two sectors and the Index does not capture that. Reports from hosiery and machine business in Ludhiana suggest that even in January business was down 50%. This is a much sharper fall than in the organised sectors.
The unorganised sector production is about 40% of the total. Assume that the non-agriculture component of this sector declined only by 50% over two months and then recovered to its October level, that is, had zero growth for the balance of the financial year. Further, if the organised sector is assumed to be stagnant rather than showing a decline, the rate of growth of the economy would drop sharply from 7% before November to about 2% for the year as a whole.
However, reports suggest that even the organised sector has taken a hit since not only demand from the unorganised sector has declined but even better-off sections of consumers have postponed discretionary demand. Thus, after inventory buildup in November, it would have cut production starting December. This is what the fall in demand for automobiles and other goods suggests. If this sector is assumed to only decline by 10% over the four months from December, the rate of growth of the economy would become zero for the year. If the unorganised sector does not stay flat at the pre-November figure after December but is less depressed (say, 20%), then the rate of growth would turn negative. How negative is hard to estimate at present with limited data available.
Agriculture sowing should not be compared with last year’s sowing but that in 2013—14, when the monsoon was normal. Compared to that, there is no rise. Further, there are reports that there was delay in sowing and applying inputs which would imply a decline in productivity compared to the past.
Tax collection could be higher for many reasons, and also perhaps because people used the old notes to pay taxes and arrears, like in the case of property tax. In the next quarter, there could be deceleration; one needs to wait. In the case of VAT, traders showed higher sales to recycle their cash holdings. This would also lead to higher direct tax collections. In brief, while sales may have fallen for different reasons, tax paid may have increased in the quarter for unrelated reasons, but this may not continue in the next quarter.
Stock markets initially declined but of late have gone up. The foreign investors have pulled out about Rs 70,000 crore not only due to the uncertainty introduced by demonetisation but also because of the rise in interest rates in the US. So, why has the market risen? It is not because the uncertainty has ended but because the financial institutions have intervened just as they do at the time of the budget to boost sentiment. But how long can they sustain the market in the face of lack of investment by individuals and foreign institutional investors pulling out?
Thus, positive data presented by the government needs to be reinterpreted to take demonetisation into account. And it could take a year for official data to reflect reality.
Demonetisation was a big shock to the economy and the government itself admitted that there would be pain. Ground reports seem to suggest that the pain persists. Should limited and preliminary data be allowed to trump reality on the ground?
Professor Arun Kumar is the author of The Black Economy in India, published by Penguin (India).
Respond to this article with a post
Share your perspective on this article with a post on ScrollStack, and send it to your followers.


text:
AMAZY users would be able to earn even more money than they previously could and do necessary tasks considerably more affordably.
With AMAZY’s introduction into the move-2-earn market, the true meaning of the phrase was established. AMAZY reinvented what it meant to get people to exercise while earning money by drawing on the well-known play-to-earn genre.
But AMAZY’s distinction from the competition was not limited to the prizes it offered. With all transactions based on the blockchain, it offers a marketplace where users may trade non-fungible tokens (NFTs). As a result, it is an entirely transparent platform.
The product is positioned as Move&Earn because AMAZY reasoned that concentrating exclusively on the move-2-earn sphere could limit the role of fitness and the benefits it offers customers.
They are currently moving forward one more step. There will be some updates to awards and new features. Users are able to earn even more money than they previously could and do necessary tasks considerably more affordably.
More activity, more benefits
For AMAZY users, August is a month chock full of treats. The AMAZY Marketplace, where users may buy and sell NFT sneakers and boxes, was introduced. The ability to trade sneakers and boxes on a native platform is a game-changer because they are obviously crucial components of the AMAZY ecosystem.
Additionally, AMAZY stated that rent-2-earn might be available in the future. Users will be able to rent NFT sneakers from other users to make money on the platform, while the owners of the sneakers will be able to generate passive income from renting out their NFTs.
Prior to this, major exchanges launched AZY, the AMAZY platform’s official governance token. In the first four hours following the token’s debut on well-known cryptocurrency exchanges such as PancakeSwap, OKX, ByBit, MEXC Global, and Gate.io, $20,000,000 in trading activity was recorded for the token. On CoinMarketCap, the coin was listed and monitored the same day.
Better opportunities for AMAZY
The AMAZY ecosystem is getting some exciting changes, according to founders Artem Nikolaev and Sergey Kosenko. The platform’s co-founders, who have a plethora of combined experience in both the gaming and marketing industries, announced these new enhancements.
The physical fitness trackers come first (bands). Nowadays, fitness trackers are as common in the gym as a set of weights. As a result, AMAZY decided to incorporate them into the platform. Users will be able to use the AMAZY app both inside and outside, such as at a gym, if they have a fitness tracker.
The debut of the AMAZY blockchain game is another development. Because it is based on a smartphone game that is already popular, the co-founders teased that the game will be intriguing for many players. Although the identity of the game has not yet been revealed, anticipation is high.
Not to mention, AMAZY keeps up a significant influencer campaign. Due to this, the platform has partnered with more than 350 well-known bloggers, athletes, and celebrities who collectively have more than 750,000 global followers. Dallas Austin, a Grammy Award-winning singer, Ken Griffey, a Hall of Fame basketball player, and Jermaine Alfred Denny, a well-known rapper, are just a handful of the people already mentioned on the website.
The cherry on top is that the AMT and AZY coins would be used in both of the upcoming releases, a blockchain game, and a fitness tracker. Because it makes both tokens more practical, it will support their value. Early fall 2022 is when more details on these are anticipated.


text:
What's Hot in the New Product Industry?
5G wireless moves into initial implementation and first release of phones. Some sections of the US have some capability today. Leading phone makers are incorporating 5G into their newest phones.
Key Takeaway: 5G will require new smartphones and other equipment in your company. Budget for this. Keep track of the roll out in your area.
Samsung’s foldable phone, the Galaxy Fold has been delayed. Huawei also announced a phone. Lg patented a transparent foldable phone. Even with some initial quality problems, this “foldable technology” is still an interesting technology.
Key Takeaway: think about the use of foldable glass screen and sensor technology for other products with displays.
3D Metal Printing
3D printers are expanding into new areas. Many professionals are adopting metal 3D printing technology to create 3D printed prototypes or customized parts on demand. Metal 3D printers are still relatively expensive. They are suitable for many industries such as aerospace, automobile, health, and engineering.
Key Takeaway: 3D printers are changing quickly and allow faster prototyping and customization.
Product: Eelume Subsea Intervention
Self propelled snake-like robotic arms that can cover long distances and do subsea inspection, maintenance, and repair work.
Do you have hot items to add?
Send us your ideas at firstname.lastname@example.org.


text:
July 3, 2013 |
NEW DELHI: To help bring the booming medical equipment industry in the country under the specific regulation of a law, the Health Ministry has sought the Cabinet's nod for a new Drugs and Cosmetics Bill, 2013 to replace the existing Act of 2007. Sources in the Health Ministry said a note proposing the new Bill has been sent to the Cabinet Secretary for approval of the Union Cabinet . Health Minister Ghulam Nabi Azad had earlier cleared the proposal for bringing all medical devices and equipment under the proposed new Drugs and Cosmetics Act. If given a go ahead, the Ministry will move the Bill in Parliament for its approval.
June 20, 2013 |
NEW DELHI: The Government will soon bring a Bill which is aimed at regulating the medical equipments industry in the country which so far has remained unregulated. The new Bill will replace the existing Drugs and Cosmetics (Amendment) Bill , 2007 which is pending in Parliament and will have to be withdrawn. Giving this information here today, Joint Secretary in the Health Ministry Arun Kumar Panda said regulation of medical devices industry has been a major challenge for the government and present thousands of such equipments are used in an unregulated manner.
June 5, 2013 |
NEW DELHI: Samsung India today said it has strengthened its recently established health and medical equipment business in the country with the launch of digital radiology and in-vitro diagnostics equipment. The company has launched the new range of equipment under 'GEO' brand, Samsung India said in a statement. "We are leveraging our strengths in technology and R&D to offer medical products that offer fast, easy and accurate diagnosis to both doctors and patients," Samsung Electronics Vice President, Health & Medical Equipment Business Dinesh Lodha said.
April 30, 2013 |
NEW DELHI: US-based medical equipment maker Zimmer today said it is evaluating options to set up a production unit in India and source products from here in future. The company's wholly-owned subsidiary, Zimmer India, is aiming to increase its revenue from the country by over three- fold to Rs 500 crore in the next 3-5 years. "We are evaluating various options to develop the Indian market. One of the options is setting up a manufacturing base for the Indian and Asian markets," Zimmer India Managing Director Sanjay Banerjee told reporters on the sidelines of a CII summit on healthcare here.
March 22, 2013 |
KOLKATA: Mobile & electronics company, Samsung India Electronics , today announced the appointment of Dinesh Lodha as the country manager for its Health and Medical Equipment (HME) business. HME is the newly founded Health & Medical Equipment division of Samsung India Electronics. Dinesh Lodha is an industry veteran with over 17 years of experience in various leadership roles in companies such as GE Healthcare, GE X-ray India and Grasim Industries . Prior to current assignment, Lodha was heading overall sales as director sales - South Asia at GE Healthcare.
March 20, 2013 |
MUMBAI: Reasearch and development (R&D) activity in medical equipment technology has maintained a healthy growth pace despite cash crunch and policy paralysis. Thanks to researchers and companies based in Andheri East who continue to depend on their knowledge rather than hoping that external circumstances would change. "The $1 billion market of medical equipment sector is growing at CAGR of 20 percent in India," said JM Hegde, managing director of Biorad Medisys & Biomedicon System.
February 12, 2013 |
NEW DELHI: Opto Circuits (India) Ltd, manufacturer of medical equipment and interventional devices, today said its net profit declined by about 9.6 per cent to Rs 113 crore for the quarter ended December 31, 2012. The company's net profit stood at Rs 125 crore in the same period last financial year, the company said in a filing to the BSE. However, Opto Circuits' total income from operations increased marginally to Rs 619 crore in the third quarter of this financial year compared to Rs 611 crore in the same period last fiscal.
December 1, 2012 |
DELHI: Medical equipment makers in Naraina's Industrial Area are positive about the future growth prospects of the medical devices and equipments industry. Considering the large population and huge pool of under-served patients, industry players are confident about the number of opportunities lying ahead of the industry. However, competition from cheap Chinese products looms large. Business observers in the Naraina Industrial Area have pegged a growth rate of about 20 percent in the years to come and say that the market demand will remain this way even in the coming 30 years in the country.
November 16, 2012 |
NEW DELHI: Engineering and construction major Larsen & Toubro today said it is selling its medical equipment business based at Mysore to Skanray Healthcare. However, the company did not disclose financial details of the transaction. "L&T has agreed to sell its medical equipment business based at Mysore to Skanray Healthcare Pvt Ltd," the infrastructure major said in a filing to the BSE. Skanray Healthcare is fully-owned by the founders and investors of Skanray Technologies, which is engaged in the business of diagnostic imaging products and primary healthcare devices.
October 31, 2012 |
BANGALORE: Fidelity Growth Partners India (FGPI), the India-focused private equity arm of Fidelity Worldwide Investment has invested Rs 400 crore in Chennai-headquartered medical technology firm Trivitron Healthcare . Trivitron will use the funding on acquisitions of companies and technologies in Europe and the United States. The funds will also be used used to enhance the company's distribution operations in South East Asia, Middle East and Africa. "We aim to become a global player in the imaging and lab diagnostics segment," said Dr GSK Velu, who founded the company in 1997 after a stint at Chiron Diagnostics as country head.


text:
Manhattan Beach, California – Skechers, the global athleisure footwear company, generated sales of $1551m in the third quarter of 2021. This is up 19.2% on the same period last year. Gross profit across the business rose by 23.1% to $769.4m.
Skechers grew again in Q3
COO David Weinberg said that the record quarter was partly the result of a normalising retail environment. ‘Traffic increased in our Skechers stores, and we achieved growth of 44.1% and significantly higher margins in in our direct-to-consumer business,' he said.
Performance in China was strong but, he warned: 'As we look to the fourth quarter, we believe that supply chain constraints will remain a challenge.'


text:
The Motobot is designed to approach riding a proper motorcycle (a stock motorcycle to be precise). Yamaha said that the end goal of Motobot is "to become capable of competing against Valentino Rossi's lap times around a track".
The technology used in the creation of the Motobot, however, is not just limited to beat Rossi's lap times around the track but also to be used in the future development of Yamaha's products, thus creating a safer and better performing motorcycles and also coming up with more of such robots.
Though not much information has been shared at present, Yamaha did confirm that in the future, it'll be incorporating additional sensors (as presently it has six mechanisms that operates steering, throttle, front brake, rear brake, clutch and gear), high-precision GPS as well as adding machine learning capabilities so that Motobot can make it's own decision. This sure is something unique as well as futuristic way of thinking by Yamaha to come up with such a bike. May be we can see more of these coming out in the future and actually beating Rossi's lap records on the track. Tell us what do you think about Yamaha's Motobot.
By: Rakesh Gowda


text:
- Apr 12, 2001
Israel-based software developer Cellebrite, known for breaking into mobile devices like the iPhone to obtain sensitive data, has announced that it can now unlock any iOS device running up to iOS 12.3, which was released only a month ago.
The firm revealed the capability in a tweet posted late Friday advertising UFED Premium, the latest version of its Universal Forensic Extraction Device.
On its UFED web page, Cellebrite describes the tool's ability to glean forensic data from any iOS device dating back to iOS 7, as well as from Android devices made by Samsung, Huawei, LG, and Xiaomi.
The Israel firm describes UFED Premium as "the only on-premise solution for law enforcement agencies to unlock and extract crucial mobile phone evidence from all iOS and high-end Android devices."
If the claims are accurate, Cellebrite's tool will enable authorities to potentially crack the vast majority of smartphones currently available on the market. As Wired notes, no other law enforcement contractor has made such broad claims about a single product, at least not publicly.
Apple continually introduces improvements to the security of its operating systems in order to keep ahead of companies like Cellebrite that are always searching for flaws and vulnerabilities to exploit in order to access the data on locked iOS devices.
For example, in October 2018 Apple's successfully thwarted the "GrayKey" iPhone passcode hack, sold by Atlanta-based company Grayshift, which had also been in use by U.S. law enforcement.
Cellebrite first garnered significant attention in 2016, when it was believed the company was enlisted to help the FBI break into the iPhone 5c of San Bernardino shooter Syed Farook after Apple refused to provide the FBI with tools to unlock the device.
The FBI did not use Cellebrite's services for that particular case, but several United States government agencies do regularly work with Cellebrite to unlock iOS devices.
According to Wired's sources, Grayshift has developed tools to unlock at least some versions of iOS 12. If true, the firm is still keeping its cards close to its chest, but probably not for much longer.
Even as Apple works to increase the security of its iOS devices, Cellebrite's brazen announcement suggests the cat-and-mouse game of exploiting vulnerabilities in mobile device software will only become more competitive, as rival companies attempt to grab a bigger share of the market.
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.
Article Link: Data Extraction Company Cellebrite Touts New Software for Cracking iPhones and iPads Running up to iOS 12.3


text:
If you were to ask Google home what your day is like today, it will remind you that Disney’s “Beauty and the Beast” is opening. According to Google though, this is not an ad. Ad or not, this is certainly an out of the ordinary cooperation with a Google Home “partner.
This promotion was seen by Bryson Meunier,. His child was left feeling excited to hear that Google Home delivered the news (You can hear the little “yeah!” at the end).
— brysonmeunier (@brysonmeunier) March 16, 2017
For more, see the full story on Marketing Land.


text:
According to new information, Google is working to develop the 2nd-gen Tensor chipset, which will debut with the upcoming Pixel 7 smartphone line. Google is taking the help of Samsung for the production of its 4nm-based Tensor 2 processor.
The Tensor is Google’s first-ever custom mobile processor which was debuted with the Google Pixel 6 lineup. The company launched it at the time of Snapdragon 888 and Exynos 2100, but it was not as powerful as the creations of both traditional chip giants.
The first generation Tensor chip, which was debuted with the Pixel 6 series is built on 5nm process technology. Meanwhile, it’s almost confirmed that the Google Tensor 2 will be manufactured on the wholly new Samsung 4nm process tech and will bring the benefit of machine learning and AI.
As it’s going to be the 2nd chipset by the US tech giant, we can undoubtedly expect more power efficiency and performance. However, the report has nothing adventurous except for claims of an increase in efficiency producing the CPU, which can’t rise the performance at all.
However, Samsung is now reportedly working on the Exynos 2300 mobile platform that is expected to be launched with the upcoming Galaxy S23 smartphone lineup. While the Exynos 2200 was criticized a lot, Samsung is not dropping the Exynos chip creation, at least for one more time.


text:
We Hate Firmware Updates! Sony to Fix that With the Vita
Well, it’s not that we hate firmware updates themselves, in fact, we love them. They bring us new features, new options, and continue to ensure that the PlayStation 3 is ever-evolving. But they can take up quite a bit of time – time that many of us can’t afford to waste on updating our hardware. And we hate wasting time. Sony knows our time is precious and is looking into a way to make updating the PlayStation Vita’s firmware less intrusive.
While speaking with GameInformer, President of SCE Worldwide Studios, Shuhei Yoshida agreed that firmware updates can eat up time gamers could be spending playing games, and that they’re working on fixing that problem with the Vita:
…it’s very annoying when you only have one hour in your busy life to play a game, and when you have to spend 30 minutes out of that one hour to update the hardware.
Said, Yoshida, continuing:
I cannot talk about specific plans, but we are very aware of the issues, and we’d like to address those issues on PS Vita going forward.
This is definitely a good thing.
How about you? Have firmware updates ever kept you from playing a game because you were tapped for time?


text:
Apple’s iPhone 12 lineup displays its 5G dominance
Thursday April 15, 2021. 09:20 PM , from Mac Daily News
Last October, Apple's iPhone 12 lineup quickly climbed the charts to become the best-selling 5G smartphone - despite being on sale for just…
The post Apple’s iPhone 12 lineup displays its 5G dominance appeared first on MacDailyNews.
May, Thu 6 - 06:24 CEST


text:
China, world’s second-largest economy stands tall with US$ 25.3 trillion and is up by 9% from 2017 followed by India
This year's top performers include a number of regional players that may not be well-known to the general public but are nonetheless delivering solid results in...
Occupancy rates and revenue for hotels will tend to grow in line with continuing growth momentum of the markets for both domestic and international tourism
BYD Auto is China’s major manufacturer of electric cars, buses, monorail trains and rechargeable battery
The Thai government says it will boost selling of Thai products through its official e-commerce channel, Thaitrade.com, to 10 billion baht next year from 5 billion...
An important factor is that of Southeast Asia’s huge population, many are “unbanked” - meaning they lack access to traditional banks and services.
While these investments have resulted in significant profits they have also triggered adverse environmental and social issues.
With shipments bound for more than 100 countries, Thailand is the 13th largest automotive parts exporter and the sixth largest commercial vehicle manufacturer in the world


text:
Bitcoin, Ether, Bitcoin Cash, Monero are now payment options for Tutanota
Tutanota has announced that it is now supporting several cryptocurrencies as payment options. Henceforth, users will be able to donate to Tutanota with Bitcoin, Ether, Bitcoin Cash and Monero. The Germany based open-source end-to-end encrypted email software service provider, mentioned in its blog: “We are very happy to announce that we have started integrating cryptocurrency support to Tutanota!”
Tutanota also posted the news on Twitter stating: “We plan to add cryptocurrencies as a payment option to Tutanota once we push our new client & apps out of beta.”
Consistently keeping an eye on the market, made the company realize it is not only Bitcoin that are the crypto market favours. It is the other currencies as well. The company is of the opinion that although the 2017-2018 time period witnessed a major hurl in the crypto market, it wasn’t easy for Tutanota to add cryptocurrency support.
Tutanota’s belief in cryptocurrencies
“Tutanota have always been in support for cryptocurrencies because we welcome the idea of a decentralized payment method that works independent of centralized payment processors such as banks or credit card institutions.”
In order to advance the existing performance, design and speed of adding new features, the cryptocurrency support, postponed its crypto support last year and rebuild its “encrypted email client from scratch”. Tutanota is now looking forward to test the efficiency of payment processing automation.
SEE ALSO: Crypto News Today: Ripple [XRP], Tether (USDT), Monero [XMR], Bitcoin Gold [BTG], Zilliqa [ZIL]
What is Tutanota planning?
Tutanota aspires to be the end-to-end support of all the cryptocurrencies and has said that it will accept Bitcoin, Bitcoin Cash, Ether and Monero for donations. Tutanota has planned to “use these donation wallets to gain experiences in how to handle payments with these cryptocoins and how to process payments automatically”.
The company stated that its new client as well as the new Android app are now available in beta and later on the iOS app update will be coming.
Image via Shutterstock
Join our Telegram group


text:
Merrick, NY—Even as leading economic indicators—including consumer confidence, CEO confidence, and employment trends—all are showing positive growth, there are signs of headwinds in the luxury market.
First, the good news: consumer confidence rebounded strongly in August, according to the latest findings from the Conference Board, which has been measuring consumer confidence on a monthly basis for more than 20 years.
The Conference Board’s Consumer Confidence Index increased more than four points in August and now stands at 101.1 (1985=100). The Present Situation Index rose from 118.8 to 123.0, while the Expectations Index improved from 82.0 last month to 86.4.
“Consumer confidence improved in August to its highest level in nearly a year, after a marginal decline in July,” said Lynn Franco, director of economic indicators at The Conference Board. “Consumers’ assessment of both current business and labor market conditions was considerably more favorable than last month. Short-term expectations regarding business and employment conditions, as well as personal income prospects, also improved; suggesting the possibility of a moderate pick-up in growth in the coming months.”
The survey measures consumers’ attitudes toward current business conditions, the short-term outlook for business conditions, and their outlook on the labor market.
But Bloomberg Gadfly warns the "lipstick index" suggests bumps in the road for luxury goods. The term, coined by Estee Lauder Cos. CEO Leonard Lauder, means a rise in sales of small luxuries at the expense of bigger-ticket items during times of economic uncertainty. The lipstick index shows premium cosmetic sales are booming while sales of designer apparel, leather, and watches are stumbling. Above left: Dior lipstick.
And the most recent survey of affluent consumers from Unity Marketing also points to a cautious outlook. While affluent consumers spent nearly 15% more on luxury products during the three-month study period in 2016 than the same time in 2015, the number who reported feeling uncertain about their own financial situation this year edged up from last year. While 75% of affluent consumers surveyed by Unity say they will spend more or the same on luxury as they did last year, 25% say they plan to cut back.
How much of their attitude is influenced by the rancorous political environment? It’s too soon to tell, says Pamela Danziger, president of Unity, but she believes luxury sales often are muted in the year following an election—not necessarily in the year of the election.
But these indicators, while concerning, must be viewed in context. 2009 was the height of the Great Recession, so the drop in luxury sales following the 2008 election year likely had far more to do with economics than politics. And Danziger’s hypothesis contrasts sharply with findings from leading luxury consultancies: sales of personal luxury goods grew in 2013 following the 2012 presidential election, according to figures from Bain, Altagamma, Exane PNB Paribas, and Euromonitor, while an analysis by Luxury Society identified a 6% growth in 2013, and still considers the American luxury market a "phoenix rising."
Meanwhile, Bloomberg’s report points out that the luxury cosmetic industry has made significant innovations in recent years, while the luxury apparel and accessories industries have not. Skinny jeans were the last big thing in apparel, and that was 10 years ago. Meanwhile, the booming selfie and vlogging culture, driven by Millennials, has produced millions of consumers eager to snap up the latest lotions and potions to look their best for the camera. While more costly than mass brands, premium cosmetics are affordable for luxury loving but cash-strapped Millennials. A Dior lipstick or a bottle of Hermès perfume is a doable indulgence, not a major investment like either brand’s handbags.
Also to note, while luxury megabrands have seen some softening of U.S. sales, the drop in Asian spending is driving much of their downturn.


text:
Eco-conscious beer drinkers will be happy to know an old-world environmental trend is making a comeback.
According to Food and Wine, Oregon will be the first state to launch a reusable beer bottle program. The new initiative, backed by the Oregon Beverage Recycling Cooperative (OBRC), is scheduled roll out this summer.
The concept harkens back to the early 1900s, when reusing glass bottles was the norm. But that all changed around the 1930s, when brewers made the switch to single-use packaging, Food and Wine reports.
The first Oregon brewers to kick off the initiative include Widmer Brothers, Buoy Beer, Double Mountain, GoodLife, Gigantic, Wild Ride, and Rock Bottom, with more to potentially join in the future. The breweries will sell and reuse standardized 500-milliliter and 12-ounce glass bottles that can be re-used up to 40 times, Oregon Public Broadcasting (OPB) reports.
However, along with being more durable, the reusable bottles are heavier than standard glass bottles, which raises questions about their carbon footprint—particularly since Oregon does not yet have a washing facility in place, and will be trucking the reusable bottles to Montana for cleaning.
But, according to the OBRC, this is still a step in the right direction. “Each time the bottle gets reused it saves money,” Joel Schoening, an OBRC spokesperson, told Oregon Public Broadcasting. “And the more times we use that bottle, the lower the carbon footprint is.”
Oregon residents can expect to see the reusable beer bottles on store shelves starting in July.


text:
There is an old idiom which says “if it ain’t broke, don’t fix it”. The same applies to Toyota, which have gone ahead and ruined the appearance of the Innova. The latest facelift to the MPV seems to be done just for the sake of it. Just look at it, what was Toyota thinking? After being launched in Indonesia last month, Toyota is all set to launch the facelfited Innova in the Indian market later this week. The facelifted Toyota Innova will be a soft launch and dealers have already started to receive cars.
There is not much new on the 2014 Toyota Innova but the Japanese automaker is certain to hike prices, blaming the depreciating Rupee leading to rising input costs. The company has already hiked prices last week so another price hike won’t go down well with prospective buyers. The front-end design goes from average to hideous with the large new front grille looking like an after market job. Lots of chrome bits have been added to the front (foglamp surround) and rear (chrome strip running between the tail lights with added reflectors).
Toyota is introducing a new Z variant on the Innova, which is the new top trim on the MPV, sitting above the VX model. This new variant will mean the Toyota Innova will touch Rs. 18 lakhs, on-road Mumbai, which is considerably expensive for a car which hasn’t seen any major mechanical update in the past 9 years. The Z variant of the Innova gets a rear spoiler and a touch-screen infotainment system. Mechanically the Innova remains the same as its predecessor, belting out 102 PS of power and 200 Nm of torque from its 2.5-litre diesel engine.
Toyota’s idea of premium positioning the Innova seems ridiculous, especially when buyers can opt for equally practical cars like the Maruti Suzuki Ertiga and Nissan Evalia for 40% lesser price. Last month Toyota sold 5075 units of the Innova in the Indian market, which makes the MPV its highest selling product in our country. Since its launch in 2005, Toyota has hiked prices several times. When launched, the top-end Innova V was priced at around Rs. 10 lakhs. Today, the price is going to touch Rs. 16 lakhs for the top variant (all prices ex-showroom, Mumbai), a 60% hike in a matter of 8 years.
Spy Pictures Source – Fly-Wheel


text:
Jyothy Labs consolidated profit jumps 77pc in Q3 on higher sales
Consistent market share gains build a stronger operating environment which further drives future growth opportunities, Jyothy Labs Ltd Managing Director M R Jyothy said.Further, she said, We have been witnessing good traction for all our product categories and are determined to achieve consistent growth momentum for the future.
FMCG firm Jyothy Labs Ltd has posted a 77.25 per cent jump in its consolidated net profit at Rs 67.39 crore in the third quarter ended December 31, 2022.
The company had posted a consolidated net profit of Rs 38.02 crore in the same period last fiscal, it said in a regulatory filing.
Consolidated revenue from operations was at Rs 612.67 crore during the quarter under review as compared to Rs 539.03 crore in the year-ago period, it added.
''The business has been resilient in spite of high commodity inflation impacting the consumption across categories. We have been focussed only on execution to drive higher operating revenues and manage margins in the inflationary environment,'' it said.
The company said it has focussed on a strategy to build scale and gain market share backed by enhanced distribution, including reaching out to newer geographies, increase brand visibility and product innovation initiatives.
''We continue to drive execution-led growth to build scale. This will deliver value for all the stakeholders. Consistent market share gains build a stronger operating environment which further drives future growth opportunities,'' Jyothy Labs Ltd Managing Director M R Jyothy said.
Further, she said, ''We have been witnessing good traction for all our product categories and are determined to achieve consistent growth momentum for the future.''
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Jyothy Labs Ltd


text:
Disabled people’s charity Revitalise reveals mystery of nameless celebrity contributions to postcard campaign.
Revitalise recently launched ‘Wish You Were Here’, a campaign to highlight the importance of holidays, fronted by the charity’s Vice President Dame Judi Dench, shortly to be embroiled in a whodunnit of her own in cinemas as Princess Dragomiroff in ‘Murder on the Orient Express’.
The Wish You Were Here campaign is inviting celebrities to send the charity a doodle or some words about a treasured holiday memory on specially designed postcards.
All the postcards received so far, from celebrities such as Sir Ian McKellen, Emma Thompson, Christopher Eccleston, Warwick Davis and Zoe Wanamaker CBE, have been signed – with the exception of five (actually, says the charity, one of the five has been signed, it’s just we can’t work out the signature!).
Revitalise is now calling on the celebrities in question to come forward and claim credit for their contributions.
The mystery postcards can be seen on the Revitalise’s website, www.revitalise.org.uk. Supporters are also welcome to offer up their own theories and leads as to the identity of the celebrity contributors, including translating the mystery signature. Revitalise has come up with a special hashtag, #whosedoodle, for this purpose.
The charity devised Wish You Were Here to highlight the importance of holidays, especially for disabled people and carers, who find getting away particularly difficult. The campaign celebrates the sharing of holiday memories, since the opportunity to share one’s stories with others is something we all love about a good holiday.
Revitalise is to hold a special exhibition of the postcards it receives next year. The celebrity contributions will then be auctioned to raise much-needed funds for the charity, so it is important that all the postcards be ascribed to the individuals who drew or wrote them.
Revitalise CEO Chris Simmonds commented:
“Here at Revitalise we love a mystery, and all we know about these unsigned cards is that each one was contributed by a celebrity. So who are the ‘Famous Five’?
“If we can’t put names to the postcards we won’t be able to auction them, so there’s a lot at stake!
“That’s why we’ll be posting the mystery celebrity postcards on our website and social media and urging the mystery celebrities to come forward and claim credit for their handiwork.”
The mystery celebrities are urged to claim their handiwork and send Revitalise a signed picture so that the postcards can be auctioned to raise money for the charity’s vital work. Celebrities can contact Revitalise directly or make themselves known to the charity on social media, using the hashtag #whosedoodle.
Revitalise is a national charity providing respite holidays for disabled people and carers, combining 24-hour nurse-led care with a real holiday experience at its three accessible UK holiday centres in Chigwell in Essex, Southampton and Southport. Each centre offers a wide range of accessible activities and excursions in a holiday environment.


text:
이스라엘 기업, 5분만에 완충되는 전기차 배터리 공개
갤럭시 S21, 수리 용이성 어느 정도일까?...해외 유튜브 채널 평가 결과 공개
TSMC, 3nm 공정 적용 본격화 전망...2nm 공정까지 선보일까
PS5 restocks: Target stores are reportedly getting console drops this week
Love in the time of algorithms: would you let your artificial intelligence choose your partner?
S. Korea requires tech firms Google, Facebook, Netflix to stabilize services
Digital hoarders: we've identified four types – which are you?
Samsung's SmartTags to outpace Apple with new tracking technologies
iPhone 13 release date, specs: Apple plans ‘S’ version upgrades this year; in-display fingerprint scanner testing continues
'Resident Evil Village' release date: When and where to watch the first gameplay trailer showcase next week
Signal, Telegram overtake WhatsApp's app downloads by millions over the last week
Why online platforms banning Trump won't stop — or even slow down — his cause
Facebook antitrust battle escalates tensions between government, Big Tech
Artificial intelligence can deepen social inequality. Here are 5 ways to help prevent this
Despite being permanently banned, Trump's prolific Twitter record lives on
Intel Corp’s Mobileye to use 4 Luminar sensors for each robotaxi
WhatsApp tries to convince users not to jump ship as new T&C forces data sharing with Facebook
iPhone 12 sales in China surpasses expectations with 18 million units sold in Q4 2020, report says
‘Killzone’ new title and full PlayStation 5 upgrade seem impossible now that the franchise’s official website ‘has retired’
Nintendo Switch: 1 million units shipped in China overtaking Sony and Microsoft's records in biggest gaming market
위에의 URL을 누르면 복사하실수 있습니다.
Copyright ⓒ 코인캣미디어. All rights reserved.


text:
16 Sep Dell COO Clarke notifies employees about layoffs that start this week
On Monday, Dell Chief Operating Officer Jeff Clarke notified employees the company would start cutting jobs this week. Bloomberg reported that Clarke notified employees about the job cuts during a quarterly meeting. Round Rock, Texas-based Dell had about 165,000 global employees at the start of the year, including 31,000 at VMware.RELATED: VMware lays off some employees as part of ‘workforce rebalancing’
In January, VMware laid off some of its employees, but didn’t say how many or in what areas.
FREE DAILY NEWSLETTER
Like this story? Subscribe to FierceTelecom!
The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.
According to a post on TheLayoff.com, Dell was planning “big” cuts in its data center and HCI divisions, medium cuts in IT, more staff reductions in HR and “sales will be impacted next quarter.” The post also said there would be minor cuts in the desktop division in Round Rock and on the East Coast. The post also said Thursday and Friday of this week would be the days to watch for layoffs.
Dell didn’t say how many employees were being laid off or in which areas of its business.
“We’re also evaluating our business to make sure we have the right number of team members in the right roles and in areas where customers need us most,” a Dell spokesman said in a statement, according to Bloomberg. “We’re addressing our cost structure to make sure we’re as competitive as we should be now and for future opportunities.”
“While we do this type of organizational review regularly, and while it always results in some job loss or restructuring, we recognize that there is nothing routine about today’s environment. We updated our team today with this information so they understand the actions occurring this week.”
Dell’s overall revenue was down 2.7% its recent second quarter as it struggled to adjust to the fallout from the coronavirus pandemic. The Covid-19 pandemic did lead to a boost in demand for Dell’s notebooks and software products for remote workers and online learning. The pandemic also increased cloud use as remote workers, teachers and students access their data, services and applications from various clouds.
On the flip side, data center sales dropped by almost 5% to $8.21 billion as companies shifted their spend to remote work solutions.
RELATED: Dell COO: 60% of employees will WFH or go to a hybrid model
On last month’s Q2 earnings call, Clarke said that 60% of Dell’s workforce would stay remote or have a hybrid schedule where they largely work from home, but come into the office once or twice a week.
During Monday’s meeting, Clarke said employees could work from home as much as they wanted as long as they had manager approval, according to Bloomberg. Dell will also give its remote workers a one-time stipend of $400 for home-office equipment.
Dell previously suspended 401(k) matches, bonuses and promotions for the fiscal year. Dell CEO Michael Dell also said he would forgo his $950,000 salary this year.
While Dell cuts costs and trims its workforce, there looks to be numerous new product launches and announcements from Dell and VMware at VMworld. The virtual version of VMworld will run from Sept. 29 to Oct. 1.


text:
Mumbai-based 3D printer manufacturer Divide By Zero Technologies (DBZ) is well-known for its patented Advanced Plastic Fusion Modeling (APFM) technology. Rather than adhering to a uniform material flow, the process adapts to the needs of each layer and the complexities of the design, greatly improving layer adhesion and the overall strength and accuracy of the print.
The company’s industrial Aion 500 and advanced Aion 500 MK2 3D printers have already been adopted by several leading tech companies and design firms in India. Now, the award-winning startup is introducing its newest product – the Aion 500 MK3. The printer was recently unveiled at the Automotive Engineering Show in Chennai, and the company is touting its incredible speed.
“3D printing technology has been in the industry for the past 30 years and we all are fascinated by its potential, however, speed has been a drawback – until today,” said CEO & Founder Swapnil Sansare. “AION500 MK3 is 3X faster than conventional CNC machines. The printing speed is 10x more than any polymer extrusion-based platform anywhere in the world. Basically, you can now print the anatomical model of a human skull in minutes. Companies need not wait for a week for their orders when they can have it in mere hours.
“The RoI for this machine is barely 4 months.”
Powered by the company’s AFPM process, the new Aion 500 MK3 can print what DBZ says is ten times faster than other comparable systems without losing accuracy, mechanical properties, or surface finish. The company spent years researching how to make a high throughput, high speed 3D printer that could put the ‘rapid’ back in rapid prototyping, and the Aion 500 MK3 is the result.
“It is undoubtedly a ‘Breakthrough’ in the 3D Printing Industry and has the propensity to put INDIA on the GLOBAL MAP for Rapid Prototyping,” Shruti Karlekar, from Divide By Zero’s PR team, told 3DPrint.com.
“This machine is extrusion (fff) based 3D printer but it can print with speeds upto 600mm/Sec with travel speeds upto 1.5 m/s and Accelerations upto 1.5G. Material deposition rate on this machine is 100-270 grams / hour based on material type.”
Because they adhere to international standards of quality, DBZ’s 3D printers are often used in its home country of India by professionals in sectors such as automotive, defense, education, and manufacturers of customized jigs and fixtures. Some 3D printing methods are not well-suited for manufacturing jigs and fixtures, due to lack of affordability, speed, and strength, but DBZ claims that its “Next-Gen Industrial Grade Workhorse” is a great solution.
The company claims that its latest 3D printer is “Industry 4.0 ready,” as live imaging reduces the amount of time the user has to be physically present.
“This machine is also ready with interface for robot handshake in case of implementation of complete automatic print setup,” DBZ wrote in the product brochure.
The Aion 500 MK3, weighing in at 280 kg with a 450 X 450 X 450 mm build size, features a robust, high-speed print engine with rapid acceleration on the servo gantry. It uses a special blend of polymers that can be printed faster than other conventional 3D printers. Other features include:
- maximum extruder temperature of 380°C
- a unique X-Y motion system
- 10-micron positional accuracy
- new dual drive liquid-cooled print head
- active carbon filter
- patented precision filament flow sensor
- USB, Wi- FI, and Ethernet connectivity
Take a closer look at DBZ’s new high-speed Aion 500 MK3 3D printer in the video below:
Discuss this story and other 3D printing topics at 3DPrintBoard.com or share your thoughts in the Facebook comments below.[Source/Images: Divide By Zero Technologies]
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and receive information and offers from third party vendors.
You May Also Like
Precision at the Microscale: UK Researchers Advance Medical Devices with BMF’s 3D Printing Tech
University of Nottingham researchers are using Boston Micro Fabrication‘s (BMF) 3D printing technology to develop medical devices that improve compatibility with human tissue. Funded by a UK grant, this project...
3D Printing Webinar and Event Roundup: April 21, 2024
It’s another busy week of webinars and events, starting with Hannover Messe in Germany and continuing with Metalcasting Congress, Chinaplas, TechBlick’s Innovation Festival, and more. Stratasys continues its advanced training...
3D Printing Webinar and Event Roundup: March 17, 2024
It’s another busy week of webinars and events, including SALMED 2024 and AM Forum in Berlin. Stratasys continues its in-person training and is offering two webinars, ASTM is holding a...
3D Printed Micro Antenna is 15% Smaller and 6X Lighter
Horizon Microtechnologies has achieved success in creating a high-frequency D-Band horn antenna through micro 3D printing. However, this achievement did not rely solely on 3D printing; it involved a combination...
Upload your 3D Models and get them printed quickly and efficiently.


text:
It seems that Microsoft really decided to force users to migrate to Windows 10, since it recently ended support for Windows 7, and now decided to apply the same idea to Windows 8 that stopped having support from the 12th January 2015. Initially this action was only scheduled for January 9, 2018.
Normally, Microsoft gives ten years for these situations, Windows 8 was launched in 2012, thus completing 4 years, and apparently it will not be as lucky, but it seems that the company is trying to compel users of previous versions of the operating system migrating to the Windows 8.1 version, which is a Windows 8 service pack, and not another operating system.
For those of you who want to get to Windows 10, it's a good idea to upgrade to Windows 8.1, which can be done for free. O Update for 8.1 is what grants the availability for the latest released version of Windows.
It can also be remembered that A Microsoft recently considered risky the continued use of Windows 7, alleging problems related to the compatibility of hardware, software and user security in which Microsoft will stop providing assistance.
Still using Windows 8?