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This year's "Tokyo Motor Show" moved to the Tokyo International Exhibition Center, which is closer to the center of Tokyo. The scale of the venue has been reduced compared with previous years, but compared with the lowest point in 2009, the exhibited products have actually returned. The theme of this Tokyo Motor Show is "Smart Mobility CITY 2011". Correspondingly, the central booths of all Japanese car companies are filled with new energy models such as electric cars and hybrids that are the world's premiere. This is in sharp contrast with the German brands still pushing traditional mass-produced models, and it is considered to be the correction of the collective "aphasia" state of new energy vehicles at the Guangzhou Auto Show in China by Japanese manufacturers.
The top three in Japan are all new energy and concept cars
"There are almost no traditional mass-produced cars released by the top three in Japan. They are all new energy and concept cars." After visiting the entire Tokyo Motor Show vehicle exhibition hall, which has the same capacity as the two exhibition halls of the Beijing Auto Show, the characteristics of this Tokyo Auto Show are clearly highlighted. come out. Compared with the last auto show, the biggest change of this Tokyo Auto Show is the transfer of the main venue from the previous Chiba Makuhari International Convention and Exhibition Center to the Tokyo Big Sight International Exhibition Center, and the auto show will return to Tokyo after 24 years. Official information shows that there are 398 cars and 176 brands from 13 countries and regions, and Japanese local manufacturers are still the protagonists. At the auto show, a total of 52 models made the world premiere, of which 26 were passenger cars and most were concept models equipped with new hybrid and electric vehicle technologies. With the debut of these new energy concept models, Japanese car companies also officially announced the release of a new generation of new energy technology. Unlike Toyota and Honda’s emphasis on hybrid technology during the first generation of new energy exploration, it has entered the second generation of technology. Including plug-in, pure electric and other diversified new energy technologies going hand in hand has begun to become a clear route for Japanese cars.
"I think there will be no more disputes over whether the future car is an electric car or an external plug-in hybrid electric vehicle. Because we will definitely need more than one car in the future." Toyoda Akio's point of view represents the commonality of Japanese car companies. Ideas. In order to emphasize the importance of the Japanese automobile industry on new energy technology, the auto show opened for the first time the "Smart Mobility CITY 2011" special hall exhibiting small environmentally friendly vehicles, including small and new energy brands of many brands including Mercedes-Benz Smart. The models are all exhibited here, and experimental programs such as the "smart community" aimed at solving the restrictions on the use of electric vehicles are also promoted. "After watching the Tokyo Motor Show, you will feel more clearly that Chinese car companies have fallen behind in new energy again." Industry insiders who have participated in the Tokyo Motor Show said that although since a few years ago, domestic experts in related industries have been It is emphasized that new energy vehicles are an opportunity, and Chinese auto companies will stand on the same starting line as global auto giants. However, facts have proved that the development of the automobile industry is continuous. After several years of trial and exploration, the multinational automobile giants have basically determined their technical routes. Whether it is BMW, GM, Toyota, or Honda, they have successively introduced more The mature second-generation new energy technology has truly entered the eve of mass production. However, the new energy "technical feast" presented by the local Japanese car companies has not eliminated the criticism of the "Tokyo Motor Show becoming more and more like a local auto show". As early as February this year, the Detroit Big Three (GM, Ford, Chrysler) announced that they would not participate in the Tokyo Motor Show. This is after 2009, the Detroit Big Three once again absent from the Tokyo Auto Show. In the current Tokyo Motor Show with 8 pavilions, Japanese companies basically accounted for 2/3 of the exhibitors.
Toyota advertises "rebirth"
"No matter how difficult the environment facing product manufacturing and how many obstacles there are in the way forward, we will always firmly believe in the potential power of product manufacturing." At the 42nd Tokyo Motor Show that opened on November 30, Toyota Motor President Akira Toyoda The man ended his passionate speech with this sentence. At the top of the central pillar in the Toyota exhibition area directly in front of him, the huge
The Chinese auto market has become a paradise for the global auto industry. If a multinational auto company has not put the Chinese market in the first place, it would be rare news.
The ever-increasing auto production and sales have pushed China to the pinnacle of the world's auto manufacturing power, but behind the market boom, it is difficult to conceal the fact that the domestic auto industry is weak. When many auto companies discovered China, a huge market of 13.65 million vehicles, in the sorrow of the global auto market last year, they seemed to have caught the straw. Global auto giants including Toyota, Volkswagen, General Motors, Nissan, Honda, and Hyundai-Kia have turned to China. This year, mainstream multinational auto companies have achieved more than 20% growth in sales in China.
With the rapid increase in sales, the Chinese market has quickly become the main source of profits for multinational giants. In the first quarter of 2010, the German Volkswagen Group achieved a pre-tax profit of 703 million euros, of which 286 million euros came from the Chinese market, three times that of the same period last year. The profit of nearly 300 million euros has accounted for 40% of the Volkswagen Group's total profit before tax. In order to make greater profits, Volkswagen decided to continue to invest 1.6 billion euros in China. So far, in the next three years, Volkswagen will invest 6 billion euros in the Chinese market. Toyota Motor, the world's largest automobile producer, lost US$4.4 billion in fiscal 2008, but according to media reports, Toyota's two joint ventures in China, FAW Toyota and GAC Toyota, had profits of about US$1 billion in 2008. Honda Motor’s 2009 fiscal year net profit was 3.18 billion US dollars, of which net profit in China reached 2.86 billion US dollars. In order to capture more high profits in China, more and more multinational car giants have established their Asia-Pacific headquarters in China.
Wang Xiaoguang, a researcher at the Decision Consulting Department of the National School of Administration, believes that the pattern of China's auto market is that international capital takes 40% of the capital, occupying 50% of the share, and grabbing 70% of the profits. The rapid expansion of market capacity is the most stable source of profits. Industry insiders generally predict that this year China’s auto market will continue the development trend of last year and continue to grow strongly. The annual production and sales volume is expected to exceed 17 million vehicles. As a result of the further expansion of the market, more profits are being pocketed by foreign giants. However, behind the fast-growing market is the dilemma that China's auto industry has not yet mastered the advanced technology of global automobiles.
Industry experts have long been worried about the “big but not strong” domestic auto industry. Xiang Songzuo, chief economist of the Global Institute of Finance and Economics, has long discovered that foreign giants make money for design, new materials, and new technologies. The main responsibility is the role of the manufacturer. Looking at the survival status of more than 100 domestic vehicle manufacturers, all of them have been pacing at the lower end of the automotive manufacturing industry chain. Few companies have ranked among the top international teams in terms of independent brands.
Recently, the International Organization of Automobile Manufacturers (OICA) announced the 2009 global automobile production statistics. According to statistics, through the merger of the two micro-car companies Changhe Automobile and Hafei Automobile under AVIC Automobile, China Changan has become the automobile group with the highest output among Chinese automobile companies with 1.4258 million vehicles, ranking 13th among global automobile companies. BAIC Group, Dongfeng Motor, FAW Group, Chery, BYD and SAIC are ranked 18th, 20th, 21st, 22nd, 24th and 25th among the world's automakers respectively. Almost left behind by most mainstream foreign auto groups. China's domestic statistics on the production and sales of auto companies have always been based on the production and sales of all cars including joint venture brands and independent brands under the auto group, but this ranking conceals the true development of independent brands. From the statistics of OICA, we can clearly understand the competitive position of China's automobile manufacturing industry in the global industry.
Fu Yuwu, executive vice chairman and secretary-general of the Chinese Society of Automotive Engineering, said frankly in an interview with reporters a few days ago that as far as China is concerned, the core technology of traditional automobiles and new energy automobiles is still very much compared with the international advanced level. gap. "In terms of vehicle technology, automatic transmissions are blank. In terms of automotive electronics technology, we are getting closer to the internat
In order to strengthen safety production management, prevent and reduce production safety accidents, ensure the safety of employees and the company’s life and property, and promote the orderly and healthy development of the company, since March of this year, our company has begun to implement standardized management of safety production. With hard work, various systems and measures have been effectively implemented, and gratifying results have been achieved. On November 1, a safety production standardization acceptance team composed of leaders and experts from the Wenzhou Municipal Work Safety Supervision Bureau came to our company and conducted a one-day acceptance work. The company's overall working environment, implementation of system measures, and rectification results have won unanimous praise from experts, and it has successfully passed the safety production standardization acceptance.


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Aonuma wants gamers to look forward to it because he thinks that the developers will be able to make something new, similar to Ocarina of Time. Nintendo has just released the previous title, The Legend of Zelda: Twilight Princess HD, for Wii U while gamers are waiting for a specific release date for Legend of Zelda.
In the meantime, Nintendo has talked about the delay but the company needs to declare a month next year, when Legend of Zelda will be released. It has been two years since we saw a trailer for Legend of Zelda and another one needs to debut,during the E3 2016 Expo.
Fans deserve to see a sneak peek of the story involving Link’s next quest. A new gameplay trailer needs to be revealed as well. The 2014 game awards demo has already been seen by a lot of Nintendo enthusiasts but that footage is totally out of date.
In order to keep the fans happy, Nintendo needs to release a gameplay demo very soon. Nintendo’s upcoming title needs a proper name as in “The Legend of Zelda: Somewhere/Something”. Nintendo needs to reveal the second theme which will excite gamers further.
Stay tuned for more updates on this topic!

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Apple to offer wireless services directly?
- Staff Silicon Valley Business Journal
Apple Inc.'s next big move could come in an industry that few have speculated on until now — directly providing wireless service to owners of its iPhones and iPads.
That is what veteran wireless strategist Whitey Bluestein reportedly told attendees at an industry gathering in Barcelona.
"What has been holding Apple back from becoming a wireless provider already, according to Bluestein, are the enormous handset subsidies paid by mobile operators, which amount to about $381 for each iPhone sold today," Boy Genius Report quoted Bluestein as saying. "That has been a short-term stumbling block for Apple, but the company has its well-known cash reserves and could seize the initiative at any point."
With more than more than 250 million credit cards on file for iTunes users, Bluestein said that Apple (NASDAQ:AAPL) could bill directly for wireless service.
"The battleground is set, but Apple will be the first mover," Boy Genius reported that Bluestein said. "Google will have to scramble because it lacks retail distribution, experience with subscriber services and the iTunes ecosystem of content. iTunes and the iTunes Store provide Apple with one-click buying and customer care. Google can acquire most of these capabilities, as it has before, but it is not a core competency of the company."
Recent speculation that Apple's current carriers could try to trim their iPhone subsidies was one of the factors that led to last month's correction in the Cupertino company's stock.
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Cleanshelf Supermarket in Nakuru, Kenya, has recently been accused of selling expired sausages and beef. This has caused an uproar among consumers, as expired meat can cause serious health issues. The accusations came to light when a customer experienced food poisoning after eating sausages from the supermarket. The customer immediately complained to the management, who denied any wrongdoing. However, further investigations revealed that the sausages were indeed expired. This was followed by more complaints from customers who had purchased beef from the same outlet, and it was discovered that the beef was also expired.
The revelation sparked a wave of public outrage, with the Nakuru County Government taking to social media to express its disgust. They urged consumers to be vigilant when purchasing food items and to look out for expired products. They also warned retailers to be mindful of their stock and to ensure that they are not selling any products that are past their expiration date. This incident has highlighted the need for stricter regulations and enforcement when it comes to food safety in Kenya. The government is now working on introducing tougher laws to ensure that food retailers are held accountable when it comes to selling expired goods. This includes introducing more stringent guidelines for food packaging and labelling, as well as regular inspections to ensure that food is being stored and sold safely. However, this is only one part of the solution.
Consumers must also take responsibility for their own safety when it comes to food. It is important to always check the expiration dates on food items before purchasing them. It is also important to check the labels for any signs of spoilage or contamination. the right measures in place, incidents like the one at Cleanshelf Supermarket can be avoided.
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April 28, 2017 / 21:02
TRADITIONAL PRIMEUR WINE TASTING HOSTED BY KAVAKLIDERE
The 23rd traditional wine tasting of Kavaklidere Wineries “Primeur 2013 red & white,” hosted by Başman family, was held at the Ankara Hilton on Thursday.
26 November 2013 Tuesday 00:57
The 23rd traditional wine tasting of Kavaklidere Wineries “Primeur 2013 red & white,” hosted by Başman family, was held at the Ankara Hilton on Thursday. The wines were produced by Kavaklidere Wine Company from 2013 vintage grapes and were tasted for the first time.
Until the third Thursday of November, shop windows throughout France, and especially in Paris, are adorned with posters to announce the “Beaujolais Nouveau” are on market.
In Turkey, Kavaklıdere is the first and only wine producer continuing this special winery tradition since 1988. For 23 years the company in Ankara, has released its new fresh red and white wine to wine-lovers.
Primeur wines, prepared by the last vintage grapes, complete their maturing progress quicker than other wines. Since they are bottled during fermentation, these wines are aromatic, light and smooth.
A characteristic of these fresh wines is their different fermentation techniques. These techniques enrich the aroma of the wines. They should be consumed within six months and at the most within a year, as the Primeur loses its qualities and especially its aroma the longer it stays in the bottle.
This year’s event hosted many guests including prominent figures of the community as well as many diplomatic members.
Tags: TRADITIONAL PRIMEUR WINE TASTING HOSTED BY KAVAKLIDERE, TRADITIONAL, PRIMEUR, WINE, TASTING, HOSTED, BY, KAVAKLIDERE
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Copyright 2010 Öznur Çevik, Bu sitede yayınlanan tüm materyalin her hakkı saklıdır. Kaynak gösterilmeden kullanılamaz.


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General Mills has added a new variant to its Yoplait Fiber One yoghurt range in the US.
Blueberry will join the existing Yoplait Fiber One flavour range of Strawberry, Vanilla, Peach and Key Lime Pie. The yoghurts contain 50 calories, 5g of fibre and zero grams of fat, the manufacturer said today (26 January).
“Fiber One’s new Blueberry flavour comes at a perfect time, when many of us take a look at our post-holiday habits and try to find a variety of zero-guilt snack options,” said Joselynne Little, associate marketing manager of Fiber One yoghurt.
Fiber One yoghurt is available nationwide in four-packs of 4oz cups at a suggested retail price of US$2.79.


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Yahoo said softness in parts of the advertising market led to a 37 percent drop in quarterly profits and prompted a lower-than-expected forecast for the fourth quarter.
The Web portal did say its new paid search ad delivery platform, known as Panama, was now up and running and on track to be fully operational by early 2007. Still, that news could not prevent a sell-off in Yahoo shares, which were down 2.4 percent in morning trading Wednesday to US$23.57.
Yahoo said net income for the third quarter was $159 million, compared to $254 million a year ago. About $80 million of the difference was attributed to stock-compensation expenses.
Revenue rose almost 20 percent to $1.58 billion. Both profit and income were within analyst expectations, some of which had been adjusted after Yahoo warned last month that it was seeing slower growth in demand for advertising from some key sectors, including automotive and financial services firms.
“While we are very excited about a number of things happening at Yahoo, I am not satisfied with our current financial performance and we intend to improve it,” CEO Terry Semel said in a conference. “To be clear, we are continuing to grow our business at a pace many companies would envy, and we continue to lead the industry in key measures of performance — but that is really not good enough for us. We are not exploiting our considerable strengths as well as we should be.”
Semel said the Panama ad placement system — Yahoo’s attempt to match Google’s automated, self-service ad platform — is up and running, with the first outside customer beginning to use the platform. The company plans to continue to gradually move more customers onto the platform, he added, in order to avoid disruptions during the key holiday quarter.
Yahoo’s results were being closely watched because of its earlier warning that growth was slowing. Given its fourth quarter outlook was not as strong as some had hoped, attention is now turning to fellow Internet giant eBay, which reports third-quarter results after the markets close on Wednesday, and rival Google, which reports Thursday.
Shifting Ad Landscape
Semel said Yahoo continued to outgrow the overall online ad market, but was making changes to capitalize on shifts in the market. He announced that Yahoo had purchased a 20 percent stake in Right Media, an online advertising exchange for buying and selling ad inventory.
Right Media will help Yahoo sell so-called “non-premium” ad inventory, pages that typically yield lower rates — a market where it lags Google and others. The portal also disclosed the purchase of AdInterax, a provider of rich media technology that will enable Yahoo to offer video-ad design services to customers.
Semel also said Yahoo’s partnership with eBay is “progressing very well” with full deployment coming some time during 2007, and that Yahoo’s home page redesign is paying off with longer and more frequent visits from users.
Yahoo also addressed its approach to the social media space, with many questioning how it would respond to Google’s purchase of YouTube and its $900 million deal to provide ads to MySpace.
“Yahoo has been a pioneer in social media,” Semel said. “It is a long-term focus of ours, and we are a far bigger player in this space than many people actually realize.” He cited the 2005 buy of Flickr and in-house projects such as Yahoo Answers as evidence of Yahoo’s commitment to the social networking market. “We are convinced that the social media space will continue to grow and evolve and we plan to be a key player in this business.”
Chief Financial Officer Susan Decker said Yahoo’s data suggested it was growing page views at a rate of 24 percent, an indication that Yahoo was expanding its reach on the Web. Non-advertising revenues — those mainly from fees charged for premium services — were up 23 percent to $210 million. Yahoo now has 15.5 million paid subscribers to its various premium services, she added, each bringing in $3 to $4 per month.
“We are very pleased with our search volumes and believe we are generally maintaining query share,” she said.
Still, rival Google, which reports on Thursday, continues to grab more market share in the paid search space.
Google’s ad revenue growth rate for all of 2006 may be as high as 65 percent, far outpacing the still-respectable 18 percent growth forecast for Yahoo, according to eMarketer analyst David Hallerman.
Just a year ago, both companies had ad revenues of about $2.4 billion in the U.S., Hallerman noted, but this year Google will approach $4 billion and Yahoo will remain slightly below $3 billion.
“Google is not standing still,” Hallerman told the E-Commerce Times. “By gobbling up YouTube, Google acknowledged that even though paid search gives it a robust revenue stream, that alone won’t be enough to compete against Yahoo, MSN and other major players in the years to come.”
Most of Yahoo’s growth came from overseas, where its expansion rate was almost 30 percent, compared to 14 percent in the U.S., claimed RBC Capital Markets Jordan Rohan. That suggests a loss of market share in its domestic market in both paid search and affiliate advertising.
For the current quarter, Yahoo forecast sales of $1.145 billion to $1.265 billion, slightly below the forecasts of most analysts. Yahoo also said it would launch a program to buy back up to $3 billion worth of its own shares over the next five years, a move aimed at boosting its lagging stock price.
“This outlook contemplates slower but still solid growth in our core advertising businesses,” Decker said. “We are not standing still. We are and we will remain very focused on making the best and most profitable use of our balance sheet.”


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The rumor mill is apparently churning out of control this week, with two new rumors popping up from Kotaku concerning two of EA’s high profile franchises.
First off, Kotaku’s “inside source” claims that, similar to BioWare’s other popular RPG franchise, Dragon Age will be getting multiplayer. The multiplayer is said to take place in arenas, with people facing off against enemies and eachother. Better (or stranger) yet, the rumor says that players will be able to assume the form of a fire-breathing dragon in the multiplayer mode.
Kotaku’s source didn’t go into too much detail on how that would work, nor was it made clear if this would be a feature of Dragon Age 3 or a completely standalone title. Whatever it ends up being packaged in with, the source goes on to claim that it will be running on DICE’s Frostbite 2 engine, so we at least know it’ll look pretty.
For the next rumor, Kotaku’s source, presumably the same one, says that EA is looking to take the Dead Space franchise in.. interesting new directions. Kotaku reports that EA is looking into making a first-person shooter set in the Dead Space universe. Oh, and it gets better.
The source suggested that EA is working on not only a Dead Space FPS, but also a Dead Space flight game and an Uncharted-like game, also set in the Dead Space Universe.
EA, you have me at a loss.


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As goes Facebook, so goes the world of social media – perhaps not the whole world of social media, but certainly those companies intricately intertwined with Facebook, like Zynga, the creator of popular (at least for now) Facebook games like “Farmville,” “Hidden Chronicles,” and “Mafia Wars.” Zynga shares have declined steadily over the last few months as fewer Facebook users play games through the social media platform. This week has been particularly unkind to Zynga, whose share price dropped 10 percent on Tuesday alone. What’s wrong with Zynga? Are Zynga shares not worth what they once were? Will Zynga shares continue to decline in value?
It’s hard to say. Like other publicly traded companies, the value of Zynga shares at the present moment is tied to what people think Zynga shares will be worth in the future. And that’s what caused Tuesday’s trouble. Analysts at Cowen & Co. released a report that said, in a nutshell, that the market for Facebook games is collapsing, in part because users continue to migrate to mobile devices for entertainment. Gaming on Facebook may have already reached the high water mark, and it can only roll back from there. That is, of course, bad news for Zynga and its investors.
Talk of the decline of Zynga’s user base is not mere speculation: the number of Zynga’s active daily users dropped to 54.2 million in May, an 8.2 percent decrease, according to a Reuters report. While this is troubling, it doesn’t necessarily mean that Zynga’s financial prospects are doomed. Indeed, a decline in users doesn’t even mean that the company will pull in less revenue. The company makes a lot of money off of dedicated Zynga gamers, so this is the demographic on which they are presumably keeping their eye. As any company knows, the quality of customers is as important as the quantity. Still, as fewer Facebook users play Zynga games, the company’s revenue will decline, all other things being equal.
The value of Zynga has declined dramatically overall since its initial public offering last summer, much like Facebook’s value has declined since its IPO a couple of months ago. Investors are growing wary of Internet stocks. However, the “danger” associated with these investments may be overstated. Zynga still has plenty of room for expansion, particularly in international markets, and this may reverse its declining user base. In fact, with Zynga shares hovering around $5, this may even be a good time to invest in the company, and some large banks (like J.P. Morgan) have said as much.
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On Oct. 17, 2014, President Barack Obama signed an executive order directing that the federal government lead by example and implement chip and PIN technology for government-managed credit and debit card programs. In a speech at the Consumer Financial Protection Bureau, Obama laid out the BuySecure Initiative, which, in part, will mandate chip and PIN as the security standard for such programs as Direct Express, the prepaid debit card program that electronically distributes government benefits to recipients.
The initiative will undoubtedly provide more momentum for card issuers and merchants to transition their hardware and software to the Europay/MasterCard/Visa (EMV) chip and PIN protocol.
The initiative calls for the federal government to embark on an "enterprise-wide transition to more secure credit, debit, and other payment cards, as well as the retail payment terminals at government locations like the passport office, VA canteens, and national parks." The move is meant to increase data security for consumers by transitioning away from mag stripe technology on payment cards to chip and PIN technology, which is widely believed to be the more robust security protocol.
But the transition is also meant to spur the adoption of chip and PIN in the private sector. "The goal is not just to ensure the security of doing retail business with the government, but also, through this increased demand, to help drive the market towards swifter adoption of stronger security standards," said the White House in a statement. "Institutions like the United States Postal Service have already made this transition across tens of thousands of retail facilities across the country."
The transition is expected to begin on Jan. 1, 2015, with the goal of issuing over 1 million new chip and PIN cards by the end of 2015.
Additionally, the initiative involves upgrading the POS terminals at government agencies to accept EMV chip and PIN cards. The Department of the Treasury will oversee this part of the initiative, as it is in charge of the federal payment collection system.
Both sides of the U.S. commercial marketplace, as represented by the National Retail Federation and the Electronic Transactions Association, support BuySecure. In a statement, ETA Chief Executive Officer Jason Oxman approved of the government's announcement.
"EMV implementation is a vital step in addressing counterfeit card fraud, the single largest source of card fraud in the USA," Oxman said. "Although chip cards would not have stopped recent high-profile retail breaches, they are part of an overall secure technology deployment that includes tokenization and end-to-end encryption. … ETA applauds the administration’s support for a uniform national data breach notification standard and for greater information sharing on cyber threats."
Meanwhile, NRF President and CEO Matthew Shay said, "We applaud the administration for taking proactive and positive steps by adopting PIN and chip technology for government-issued debit and credit cards, among other things.
"As the world’s largest retail trade association, NRF continues to work with our members and other stakeholders on practical and comprehensive solutions that are less about process and more about progress toward how we collaboratively prevent and combat this criminal activity. From insisting on PIN and chip cards to facilitating greater information sharing among retailers and others sectors, we are committed to finding the right answers with the latest technologies to stop these cyber thieves."
The Retail Industry Leaders Association also supports Obama's initiative. "Retailers applaud the president's action to advance card security," said RILA President Sandy Kennedy. "Today's announcement should serve as a catalyst for widespread adoption of chip and PIN card security."
Obama also commended card issuers and large retailers for making the transition to EMV. Obama spotlighted actions taken by several national retailers and service providers:
The Smart Card Alliance defines EMV as an open-standard set of specifications for smart card payments and acceptance devices designed to ensure interoperability between chip-based payment cards and terminals. EMV chip cards contain an embedded microprocessor, which is considered more secure than traditional cards since payment information is stored in a secure chip rather than on a magnetic stripe.
EMV technology enhances card security three ways:
The EMVCo, an entity owned by the major card brands, currently manages, maintains and updates EMV specifications. There are currently 80 countries across the global in various stages of EMV chip migration, including the United States.
The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.
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A leaked Apple advert appears to reveal that the next-gen smartphone will be named the iPhone HD.
See the advert below
The spot, which surfaced on YouTube, shows an iPhone which has ditched the traditional styling completely, with a curved back plate.
It also seems to suggest that video calling will be a part of the package.
Most observers have treated the ad with a healthy dose of scepticism, as Apple would have to spend a lot more on the development of the next iPhone if it was to move away from the design which has changed little since 2007.
However, although the content of the video may well be an elaborate hoax, many are convinced that the next iPhone will not carry the 4G suffix, as this would lead consumers to believe that it will support 4G networks, which is unlikely.


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In 2020, Accomplished The Highest Export Amount of Agricultural Foods with 7.57 Billion Dollars
Public Relations Division
◈ (Summary) Annual export amount of agricultural foods in 2020 (temporary) was increased by 7.7% to the previous year to accomplish the all-time highest level of 7.57 billion dollars with 1.43 billion dollars in fresh agricultural products and 6.14 billion dollars in processed foods by each category.
❍ Especially, it showed a remarkable growth of Kimchi (144.5 million dollars, 37.6%↑), hot bean paste (50.9, 35.2%↑), processed rice foods (137.6, 26.7%↑), Ramen (603.6, 29.3%↑), citrus tea (50.8, 31.9%↑), and grapes (31.2, 32.5%↑),
❍ By country, the export amount to the US (1.21 billion dollars) was increased by 38.0% to the previous year and rose to the second rank among target countries of exportation surpassing China (11.4). The exportation to new southern regions (15.6) was increased by 9.1% to emerge as the first ranking exportation zone
* The said data is a temporary reference of customs clearance results by December 31, 2020, and some numerical values may be subject to correction until the confirmation of annual statistics. (February 2021).
◈ The Ministry of Agriculture, Food and Rural Affairs has analyzed that concentrated marketing support was effective on prompt response to the environment of online untact distribution and consumption, the effort to resolve difficulties of export companies, and the support of intensive marketing on healthy convenient foods in order to overcome difficulties due to COVID-19, through the collaboration between the farmhouses, food industry, and export companies and the government and public sector.


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PLANO, Texas (AP)- Frito-Lay announced today that it's voluntarily recalling 41 cases of mispackaged potato chips that could pose a risk to people with milk allergies.
The recall involves almost 2,500 1½-ounce bags labeled Lay's Classic Potato Chips available in North Texas vending machines. The bags may contain Lay's Cheddar & Sour Cream Flavored Potato Chips.
The Plano-based snack maker says that's because of an error that
occurred in a production line.
The affected bags have a freshness date of February 12th located
on the upper right hand side of the package with an 11 digit code number beneath the date (12923230985). The bags are time stamped
between 06:00 and 08:00.
Consumers who buy the affected bags can contact Frito-Lay
Consumer Affairs at 1-800-352-4477.


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…disputes other prices
The government yesterday admitted buying the anti-fungal Ketoconazole cream for a price even higher than the cost cited by Kaieteur News.
Health Minister Dr Bheri Ramsaran suggested that the government has no control over the prices it pays.
According to Dr Ramsaran, once the tender process is followed and the most suitable bidder is recommended by the National Procurement and Tender Board Administration, that is what the government goes by.
With the government not knowing how much drugs it needs, millions of dollars in drugs end up passing the expiry date and have to be dumped. The Health Minister yesterday said that he did not know what quantity of expired drugs is being dumped.
While millions of dollars go down the drain, the government continues to procure drugs at prices that are way above the actual price the drugs could be had for on the market.
Dr Ramsaran said that this would change when the government moves to its new warehouse being established at Diamond. He described this warehouse as state of the art.
During the transition of the period between Farm and Diamond, Dr Ramsaran said that there would be an inventory of the drugs in the system. This inventory would be computerized.
This newspaper reported on Sunday, that the government is buying the Ketoconazole cream at a cost of $1,909 per tube when the same cream is being retailed in India, inclusive of taxes, for as little as $80.
Yesterday, Health Minister Dr Bheri Ramsaran said that the actual price the government pays is $1,990. The cream is used to treat jock itch, dandruff, and athlete’s foot,
The government buys from the New Guyana Pharmaceutical Corporation (New GPC) and then distributes it to public hospitals and health centres.
Of the Ketoconazole creams being produced by companies in India, Kaieteur News found that the government is buying the cheapest one at a price that is almost 25 times the Indian retail price.
Despite this, Ramsaran conducted his own probe and was satisfied that nothing was amiss with the purchases. He indicated that there was no independent verification of the prices for the items purchased, saying that once the tender process is followed, the government goes with whatever the Tender Board recommends.
The New GPC is the government’s largest supplier of pharmaceuticals. This company, Atlantic Pharmaceuticals, the Guyana Times and several other companies, are owned by Dr. Ranjisinghi Ramroop, the best friend of former President Bharrat Jagdeo.
Yesterday, Dr Ramsaran could not say how much money was paid over to the New GPC last year.
While not disputing the cost of the Ketoconazole cream, Dr Ramsaran disputed the pricing of some other items cited by Kaieteur News and procured by New GPC for the Ministry of Health.
This newspaper reported that the Georgetown Hospital buys a syringe for $8,000 when it could be bought for $600. Dr Ramsaran said his records show that the pre-syringe product was bought this year for $1,957.
He disputed the cost of aspirins noted by Kaieteur News. Ramsaran said that a 1,000 package of aspirins (300 milligrams) was bought for $485 last year and for $468 this year. This newspaper had put the cost at $2,700.
In addition, the Health Minister said that Atenolol was bought for $1,165 last year and $1,461 this year. Kaieteur News had put the price the government pays at $18,000.
Kaieteur News, through its New York agent, was able to secure quotations for a bottle containing the same 1,000 Atenolol tablets for as low as $2,000.
Local pharmacies are retailing it on average of $6-$10 each.
In a statement Tuesday, the New GPC stayed away from the prices it sells pharmaceuticals and medical supplies to the government for.
The company called on the Auditor General’s office to carry out a Value for Money Audit to review the prequalification process that was conducted in 2010 beginning with the advertisement for Expression of Interest, to the evaluation and subsequent approval of submissions for prequalification to supply pharmaceuticals and medical supplies to GPHC.
The company said it is calling on the Auditor General to carry out the audit to determine if GPHC is receiving value for money based on the criteria and other established benchmarks as set out in the prequalification process, “to set the record straight and let the general public be aware of the facts”.
Dr Ramsaran said that he has already been meeting with the Auditor General.
Aug 12, 2020Trinidad and Tobago Newsday – FORMER West Indies batsman Ramnaresh Sarwan will not be the assistant coach of the Jamaica Tallawahs for the 2020 Hero Caribbean Premier League (CPL) T20...
If you belong to another planet, and you descended upon Guyana on Monday, August 10, 2020 and you read a letter by Vincent... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]


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The UK has signed a new Green Growth Compact with Zambia – to drive sustainable economic growth and collaboration between the two nations.
The agreement was signed by the UK Minister for Africa, Vicky Ford and the Zambian Minister of Foreign Affairs, Stanley Kakubo.
It involves upwards of £1 billion of new investment from the UK and the doubling of trade volumes between the countries.
As part of the investment, more than £100 million will be made available to small and medium sized Zambian businesses and further collaboration will take place between the governments of both countries on renewable energy infrastructure and urban planning.
Ms Ford said: “The UK and Zambia are partners in growing greener, more stable economies that create jobs in both countries and new business opportunities.
“The Green Growth Compact is a landmark agreement that will benefit the UK and Zambia by boosting UK investment in Zambia by up to £1 billion, creating thousands of jobs and supporting green energy production.”


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The Post Capital Partners’ portfolio company enhances its leadership team to accelerate the strategic expansion of its attractive Load-to-Ride service within its existing and new geographies
Smith Transportation Services, LLC, a national full-service third-party logistics & asset-light transportation services provider, and a portfolio company of Post Capital Partners, is excited to announce the appointment of Jonathan Adams to its industry-leading management team as Chief Executive Officer.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005261/en/
Mr. Adams has spent his entire 25-year career in the Transportation & Logistics industry as an investment banker, strategic advisor, board member, operational leader, and consultant. He has previously led the Transportation & Logistics Advisory Teams at Houlihan Lokey, Sterne Agee & Leach, and Deloitte. Adams also served as President & Chief Executive Officer of SeaCo Ltd where he led the company from bankruptcy in 2009 until its sale in 2011 to HNA


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iPhone leaks: 6.1-Inch LCD model’s price leaked on Weido, two days ahead of its mega launch
Tech giant Apple Inc will be unveiling the iPhone 2018 lineup on September 12 at its special event at the Steve Jobs Theater in Cupertino, California.
If rumours are to be believed, the three iPhone models that the company is likely to unveil on September 12 are an iPhone X successor with a 5.8-inch OLED model, possibly named the iPhone Xs; a larger 6.5-inch OLED model, the iPhone Xs Plus; and a cheaper 6.1-inch LCD model that could be named the iPhone Xc. In the meanwhile, a new leak has surfaced online about the three iPhone variants which reveals the approximate prices respectively.
The leaked pricing of the purported iPhone 2018 models first appeared on Weido. According to a slide shown on the site, the cheapest iPhone Xc will get a starting price tag of CNY 5,888 (roughly Rs 62,100), the iPhone Xs will be priced starting at CNY 7,388 (approximately Rs 77,900), and the iPhone Xs Plus might start at CNY 8,388 (about Rs 88,400). Netizens are already doubting the authenticity of this leak because, if earlier reports are to be considered than these prices seems slightly spiked for all the three variants. According to the previous report, the prices of these three iPhone models were much lower.
On the other hand, according to a CNBC report, an analyst from Goldman Sachs said that the cheapest iPhone, called the iPhone 9, will actually come at a base price of $849 (roughly Rs 61,500) instead of the previously rumoured $699 (around Rs 50,600). As per this forecast. Goldman Sachs raised its price target for Apple’s stock to $240 (approximately Rs 17,400) from $200 (about Rs 14,500) and remained positive for the short term.
The iPhone XC is supposed to have dual SIM slots, then again, this model is said to be available in China only.


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Honda hikes prices of Brio, Amaze marginally
Brio prices have been hiked by Rs 600 while those of petrol and diesel variants of Amaze have be...
Honda launches new variants of Amaze, Brio
The petrol variant of the sedan is priced at Rs 7.32 lakh while the diesel grade is priced at Rs 8...
Honda recalls 2338 units of Brio, Amaze, CR-V to replace air bag inflator
HCIL announced it would carry out preventive replacement of Driver Side Air Bag Inflator of 1040 units of Honda Brio, 1235 units of Honda Amaze and 63 units of Honda CR-V manufactured between September 2011 and July 2014.
Not decided yet on introducing a smaller car than Brio: Honda Cars India
Sen said in Honda's global portfolio, Brio was the smallest car and now the R&D teams of India and Japan were studying the small car market.
Honda recalls 31,226 Amaze, Brio cars to check faulty brake
Automobile companies have been pro-active in recalling vehicles in case of safety issues since industry body SIAM initiated a voluntary recall policy in 2012.
Honda to rev up with new Rajasthan plant and new cars based on the Brio platform
Honda plans to invest Rs 2,500 crore in the plant to build a new assembly line for cars, a diesel engine component production line and a forging unit.
CCD to manage Shoppers Stop’s BRIO, Desi Cafe
Cafe Coffee Day (CCD), the retail division of Amalgamated Bean Coffee Trading (ABCTL), has signed an MoU with Shoppers Stop to run its BRIO and Desi Cafe outlets.


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Placon Corporation Launches New EcoStar Website
Madison, WI (Feb. 1, 2010) — Placon Corporation, a plastic extruder and thermoformer, officially announces the launch of their new website, www.ecostarplastics.com.
Since the introduction of EcoStar™ extruded rollstock in 2008, Placon has seen considerable growth and interest in its line of PET packaging materials. There are currently seven different PET materials available and depending on the request, modification can be made to create a customized material.
Laura Stewart, Vice President of Sales and Marketing, describes her enthusiasm with the new website: “I am very pleased to have a website that specifically represents EcoStar™ extruded PET rollstock in addition to Placon’s corporate site. It provides our customers with a direct information source on all our materials. Our PET family has grown over the past two years and now we have everything from print grade APET with perfect clarity to 85% recycled content and even a line of PET that can be heat sealed. We offer the material solution for any packaging need.”
These products not only represent Placon’s ongoing commitment to the environment through industry-leading materials, but also the company’s long history and experience in meeting new market demands. For samples of the materials, specific material data and ordering information, call Placon at 800-541-1535, or visit www.ecostarplastics.com.
For 55 years, Placon has been a leading designer and manufacturer of custom and stock plastic packaging for the food, medical, and retail markets. Placon has manufacturing operations in Madison, WI; Elkhart, IN; Plymouth, MN; and West Springfield, MA, and currently ranked in Plastics News 2020 Thermoformers Ranking Top 20. Placon delivers packaging breakthroughs that inspire better engagement between people and products with industry leading innovation and award-winning packaging designs. For more information, visit www.placon.com.


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Clothes sale at Dunmow’s late night shopping event raises �500 for local charities
THE old district council offices opened its doors on Friday night to offer chilled late night shoppers a warming cup of mulled wine and a mince pie.
A room full of designer clothes and Christmas gift ideas provided an additional attraction with many people grabbing themselves a new outfit at a bargain price.
The evening was hosted by the team at Mullucks Wells and was the latest in a series of events being held to raise money for the three local charities that they are supporting this year. Dunmow-based charities West Essex Mind and ResCu Maypole House are the beneficiaries together with the Helen Rollason Cancer Charity.
Around �500 was raised on the night which takes the total raised so far to over �40,000.
Chairman of Mullucks Wells, Tim Trembath, said: “I was delighted to see so many people coming through the door.
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“It was an enjoyable event and to raise nearly �500 in one evening was a great achievement. What we didn’t sell we are donating to Helen Rollason Cancer Charity to sell in their local charity shops.”
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- 10 Fun T2 cricket match and BBQ help to celebrate Dunmow's 125th anniversary


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Domestic aluminium consumption is poised to grow by 9-11% CAGR over the next five years to touch 5.3 MT by 2020-21 due to factors like higher growth in power and automotive sectors, a report said. As per Crisil and and Mtlexs, the first of its kind online marketplace catering to the Non-Ferrous Metal (NFM) industry, aluminium consumption in India is poised for a healthy growth over next five years, from 3.3 MT in 2015-16 to 5.3 MT in 2020-21.
"Traditionally, the Indian aluminium story is linked to the power and automotive sectors, which together take up nearly 60% of the consumption pie. We see that other sectors such as consumer durables are also poised to grow at a very healthy rate," said Suneel Mardia, CEO, Mtlexs. “With a relatively low per capita electricity consumption, very low household penetration of cars, and India on a strong growth trajectory in the foreseeable future, there is significant headroom for growth in the aluminium industry,” he added.
The growth will be aided by a host of government initiatives such as 'Make in India', 'Smart Cities', 'Housing for all', rural electrification and freight corridors. Crisil and Mtlexs unveiled the report on aluminium industry in India at the World Non-Ferrous Conference 2016 held in Mumbai last week.
The primary demand for increased consumption is expected to come from power sector, where aluminium is a cheaper, lightweight substitute for copper in transmission and distribution. Over the next five years, investments from state discoms and Central government schemes totalling Rs 4.3 trillion are being planned to expand India's transmission and distribution network, Crisil said.
Passenger vehicles penetration among households in India currently stands at a mere 9% compared to the world average of over 60%. With rising purchasing power, per capita income and improved rural infrastructure, there is bound to be a significant uptick in this metric in coming decades, Crisil Research Business Head Nagarajan Narasimhan said.


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New mission, new market
June 28, 2006
CNJ staff photo: Tony Bullocks
ales consultant Eric Hall shows Betsy Matthies the inside of a Ford Expedition on Tuesday at Hamilton Ford on Prince Street. Matthies and her husband, who is stationed at Cannon Air Force Base, ordered a Ford Focus.
Auto salesman Eric Hall said he is reaping the benefits of Clovis residents’ renewed sense of economic security.
In the week since the announcement of a new mission for Cannon Air Force Base, Hall said he has had an influx of customers looking to upgrade vehicles.
Hall, who has been employed by Hamilton Big Country Ford for two-and-a-half years, said he has seen a noticeable increase in civilian customers.
“I’ve sold five cars in the past seven days,” he said, “all to non-military.” Hall cited the news that a Special Ops Wing from Florida would take over the base in the next year as the reason residents are loosening their purse strings.
“People were saving their money for the last year,” Hall said, “because they thought they might have to relocate if Cannon closed.”
Sales to military customers remained steady despite the uncertainty of Cannon’s future, Hall said.
“Military personnel are always going to buy cars,” Hall said. “If the base had closed, they would still have their jobs.”
The salesman said his customers are buying mid-size SUVs and compact cars, but trucks remain popular as well.
A lifelong Clovis resident, Hall said the mood among prospective buyers has been overwhelmingly positive.
“People are happy and relieved,” Hall said. “They (customers) are relaxed about buying a car.”
Clovis real estate agent Carolyn Spence said business has picked up.
“It’s a healthy market,” Spence said. “It’s not so hot that the prices are unreasonable, and it’s not so cold people are having to sell at a discount.”
According to Spence, she has shown properties to several out-of-towners and expects more interest in the future.
“The real estate industry never really died in Clovis,” Spence said, “it’s just picking up pace again.”
Katina Jones, marketing manager for a Clovis employment service, said her company hopes to benefit from the new mission as well. ItsQuest Inc. places employees in temporary and permanent positions throughout the area. According to Jones, she is hoping to place several general laborers at Cannon for the future construction projects. “I am actively pursuing the contracts,” Jones said.
Commercial real estate agent Bill Giese said although the new mission at Cannon is a plus, it won’t affect chain stores or shopping center’s decisions to build in Clovis.
“Large businesses are not thinking Clovis is hot,” Giese said, “Southwest Cheese has more of an impact.”
The owner of Giese Investment Realty Co. said the biggest impact of the new mission is psychological.
“The idea of a new mission makes people think Clovis is a progressive town,” Giese said, “but it (mission) is not going to make Clovis blossom into a metropolitan overnight.”


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According to CNET, a Walmart spokesperson this week announced that the popular retail chain will be offering the iPhone 5C and iPhone 5S at 97¢ and $79, respectively, with a new two-year contract.
This type of price-cut is common leading up to alleged releases of new Apple products. The iPhone 6, the next-generation iPhone, may be announced in September, followed shortly by its public release.
The iPhone 6 is expected to come in two models, a 4.7 inch version, and a 5.5 inch version. The current iPhone 5C and iPhone 5S feature a 4 inch display. The iPhone 6 is also expected to be thinner and lighter than the current models, with a general aesthetic more like that of the current-generation iPod Touch.
The sales on the iPhone 5C and iPhone 5S at Walmart applies to all color options available for each model. The sale prices, however, are only available on the 16GB versions of each phone.
The iPhones are scheduled to be put on sale at Walmart retail stores, as well as online at Walmart.com beginning Thursday, August 27th at 9 a.m. local times.
Questions or comments can be left in the box below.


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Nintendo’s upcoming white plank of plastic has been priced at a mere $90. Yes, that’s right, the Wii Fit will launch stateside May 19 and those of you living in NYC who pre-order from the Nintendo World store from April 18-20 will get a special bonus. The first 1,000 lazy sacks to put down $5 will get a limited edition Wii Fit t-shirt with an image of Shigeru Miyamoto and his signature.
Elon Musk addresses working condition claims in Tesla staff-wide email| Darrell Etherington
Weekly Roundup: Uber responds to sexual harassment claim, NASA discovers Earth-like planets| Anna Escher
While tech giants hire, startups fret — Has Brexit Britain become La La Land?| Mike Butcher
World View’s ‘stratollites’ and new spaceport aim to change the business of space| Darrell Etherington


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It is universally recognised that the single most important determinant of a company's shareholder value is its perceived ability to grow its future profits.
Today, perhaps no industry has to confront this challenge more powerfully than the FMCG business. It's finally emerging from a prolonged period of stagnation on the back of rapid growth in rural markets.
But such exogenous factors cannot consistently guarantee higher-than-expected revenues. This is an issue FMCG companies urgently need to ponder.
Delivering consistent excellence has become critical given the challenging competitive environment in which FMCG companies operate. Hyper-competition has presented the consumer with an explosion of choice; for the first time established players have had to tackle the problem of down-trading as traditional value equations changed.
Accelerated lifestyles and increasing awareness are making it harder to please consumers, thereby shortening product life-cycles drastically. A fragmented and proliferating media adds to the complication of targeting consumers as effectively as before.
All this means that generating value on a consistent basis will require much more than just doing things better; it will require doing things differently.
Producing soap more cost-effectively, for instance, may no longer be enough; it is more important to produce soap with a novel usage proposition -- just as, say, single-serve sachets revolutionised the shampoo market in the early 1990s. Innovation can no longer be considered an exception; it needs to become an integral driver of growth.
In fact, innovation is increasingly becoming a metric by which corporate performance is being measured. For instance, a Fortune magazine study put "degree of innovativeness of the company" as the strongest predictor of investment value. Hard data corroborates this.
Take the case of Reckitt Benckiser, where close to 40 per cent of the revenues are generated from products introduced in the past three years.
According to Bart Becht, CEO, Reckitt Benckiser, a company's ability to innovate is about much more than R&D. In an interview, he said, "We measure innovation by the percentage of net revenues coming from new products launched in the past three years. That's a measure of output, not input. There is no correlation between the percentage of net revenue spent on R&D and the innovative capabilities of an organisation -- none. That's not to say that R&D capacity isn't important, but at the end of the day, innovation is generated by new ideas, not by messing around in the lab."
The results are for everyone to see.
Since the formation of the merged entity in 1999, Reckitt Benckiser has more than doubled its net profit, and its operating margin has soared from just shy of 12 per cent in 1999, to over 19 per cent in 2004. In fact, it is one of a mere handful of companies that meet Accenture's definition of a high performance business globally.
Most CEOs recognise the strategic potential of innovation, and it remains a key strategy to lever competitive advantage. It is no surprise that in an Accenture study, 83 per cent of senior executives surveyed said innovation was vital to the future success of their company.
But the surprising point, as another Accenture survey of the readers of Chief Executive magazine showed, most companies are able to commercialise less than one in five promising ideas; only one in eight executives felt strongly that their companies excelled at implementing innovative ideas.
Indeed, the ability to innovate successfully presents FMCG companies with unique challenges, principally in terms of approach and organisational readiness. For many of them, new product development has become synonymous with mere product extensions or variations.
This has partly been a result of the traditional brand management organisation. Eager to put consumer-responsiveness at the heart of a company's operations, too many resources are typically funneled to product variations that brand managers can easily fit in their portfolio, or which are in their comfort zone.
Since these objectives are harder to reach with radically new products, these projects inevitably suffer or are put on the backburner.
Unlike product industries such as pharmaceuticals, automotive or chemicals, the R&D function plays a limited role in the innovation process within FMCG companies. The critical success factor for innovation in FMCG companies is not the technological breakthrough it represents -- this is limited by nature in any case.
What matters is the degree to which the entire organisation can be aligned to make the innovation a success . It means getting the linkage between product development and the supply chain right, since that is where speed-to-market is achieved or destroyed.
In short, to work, innovation must be a collaborative initiative in which top management takes conspicuous ownership. According to Bart, "At Reckitt Benckiser, innovative ideas are generated from consumers, from suppliers, from creative shops. In fact, everybody in this organisation is there to generate ideas as well and to bring them to the table. The more ideas I have, the better my chances of finding a winner."
Another Accenture study on entrepreneurship showed that the common barriers to innovation are, in order of importance, aversion to risk and failure, lack of innate entrepreneurial skills, slow decision-making, lack of resources and little readiness to change.
The same study showed that the common enablers for effective organisational innovation are exchanging and sharing information and knowledge, working collaboratively and having an entrepreneurially-inclined leadership that actively leverages technology.
For winning FMCG companies, innovation becomes a holistic issue focused on building the company-wide capability to develop a constant stream of innovative products and bringing them to market faster.
One way of achieving this is to create a structured process involving cross-functional teams with distinct phases built on the themes of strategy, execution and capability-building.
The first phase should typically be planned around a number of key questions such as:
Which consumers do we want to serve and what do they value and need?
What is the current portfolio and does it optimally align with overall strategy and consumer needs?
Where do innovation opportunities exist that meet consumer needs and are in line with the portfolio strategy?
What innovation stream is required to meet shareholder value-creation targets?
Next, the target innovation stream and the required capabilities should be viewed in conjunction to define a two-pronged execution plan. In this, a distinction must be made between the specific capabilities needed to realise particular innovations and the generic capabilities to become inherently more innovative.
This distinction allows the management to initiate a parallel process of implementing the short-term aspects of the strategy -- getting the product to market, for instance -- and distilling the learning from the exercise into a robust capability-building programme that invests in people and knowledge management systems.
In recent years, the ability of firms to innovate is creating significant differences between the best and the rest. A study of over 200 companies entitled "Winning New Products" conducted by the Kellogg Graduate School of Management shows that successful innovation firms were more likely to generate growth rates of 20 per cent or more compared with less successful ones.
And as Robert Cooper points out in Product Leadership: Creating and Launching Superior New Products (Oxford University Press), while 46 per cent of resources are spent on unsuccessful products, the best 30 per cent of companies have a success rate of 80 per cent.
As Steve Jobs once pointed out "innovation distinguishes between a follower and a leader." For FMCG companies, innovation is no longer a luxury; it holds the key to survival.The writer is Senior Manager, Accenture.


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The last five years has seen a steady rise and development of programmatic advertising in Australia. Here Shane Cummings looks at where programmatic stands in 2015, and asks a panel of industry leaders about the opportunities and challenges facing the industry in the year ahead.
Programmatic advertising has been growing exponentially since Google introduced its Doubleclick AdExchange – the first major programmatic display platform – in 2010. According to the Standard Media Index data media agency spend through exchanges has gone from $10m in 2011 to just under $200m in 2014. And that’s not including clients who spend their cash directly. With outdoor, radio and TV set to enter the fray 2015 promises to be another landmark year.
Aussies doing things differently
Jason Tonelli is the executive director – technology, digital and content at Starcom MediaVest, which has has been active in programmatic since 2010.
“Australia has done a great job in opening the conversation of programmatic, and we lead from an allocation of spend perspective without doubt,” Tonelli says.
“What I am seeing in other markets such as Europe and the US is that they are connecting technology well. Where we have grown significantly in marketing spend, these other markets have built data markets in a more reliable way – so that ad decisions and creative decisions are made with more precision. This is a big opportunity in this market.”
“Aussies are culturally loud and push the boundaries by nature,” says Kerry McCabe, managing director for Asia Pacific at RadiumOne, which runs programmatic media across all digital channels and devices.
“Every brand and agency is constantly demanding more and better − this forces constant investment and innovation across both supply and demand sides. The speed and lack of constrained business thinking suits this market,” says McCabe.
Australia is also perfect for testing innovation at an acceptable scale. This is being done quickly and cost effectively by fairly smart operators on the tech side.”
Digital outdoor is a target for programmatic trading
Marc Lomas, managing director at IPG Mediabrands’ Cadreon unit has been exploring an out of home (OOH) programmatic option he calls the “fifth screen”. The goal is to plan and transact OOH, like any other digital screen, programmatically. The first phase of this project, according to Lomas, was about automating the trading of inventory. The next phase will be about overlaying unified audience data over inventory.
When it comes to Australia, Lomas sees the small size of the market as a blessing.
“A smaller market with fewer participants facilitates collaboration between buyers and sellers. Australia is less of a middleman-dominated market and there is strong desire to connect buyers with sellers in the purest fashion, which programmatic facilitates,” Lomas says.
Looking ahead: the trends
McCabe predicts three trends this year:
- Private programmatic marketplaces will become the norm. Programmatic will become less of a standalone ‘thing’ and more the foundation that supports all trading − both data enabled and not. This will lead to publishers (and offline media owners) further automating the sales process to both protect and grow their revenue and yield through private agreements with brands and agencies. The prevalence of open exchange-based activity will decrease.
- Real-time insights will ‘electrify’ planning. Most brands by their own admission are still not effectively converting customer and prospect data into new customers and improved LTV. In 2015, previous years’ trial and error, along with sheer necessity, will see more brands utilise technology to better understand, harness, and activate these signals to improve business outcomes.
- Creative and programmatic will co-exist. The insights and creative piece is still often disconnected from activation. Greater collaboration between the creative and programmatic activation processes will become business critical for brands.
SMG’s Jason Tonelli also saw three emerging trends:
- We are in a man and machine world, not man or machine. Programmatic is a machine delivery workflow – not intelligence automation – and that’s where we pride ourselves on the people using the technologies to find clients incremental efficiencies.
- Marketing will continue to become more scientific. At SMG, we are focussed on delivering more precise, personalised messages – and to do this, we have invested heavily in the past six months in owning technology so that we can accelerate our precision marketing practice. Our most recent acquisition, RUN, is a DMP and DSP, and we are excited about how this technology solution will further our clients effective marketing strategies in the programmatic space.
- Data organised around people, not device. This is key as we start to look at how precision communications starts to work between media and creative. As we organise data better, we will be able to story-tell better, leading to better and more vivid brand connections with consumers.
Not surprisingly, given Cadreon’s “fifth screen” OOH programmatic solution, Marc Lomas saw the expansion of programmatic into the traditional broadcast channels like radio, and OOH as well as TV, with MCN leading the way in Australia with the Landmark system for pay-TV provider Foxtel.
He says: “Cadreon has launched programmatic digital out of home, which will continue to expand; The Netherlands launched their first campaign recently, and we expect the UK to follow. Radio is next. Cadreon is currently involved with Australia’s leading radio networks in order to leverage the benefits of programmatic across online streams, DAB, and eventually, broadcast.”
Lomas says as the market begins to realise the true power of programmatic, automation and efficiency will become early benefits. However, the real benefit of programmatic is “the ability to apply custom decisioning to each and every ad impression pre-purchase.”
Radio programmatic buying is a new focus for Cadreon
“This custom decisioning will continue to build in sophistication by feeding more custom variables into algorithms. We will start to see the emergence of the BYO-Algo; advertisers will be able to add customer data, attribution data, and other bespoke data sets to be considered by the algorithm when making bid decisions. Instead of the market running on a few standard algorithms, we will start to see investment to customise these to specific advertiser/industry requirements. These will become huge assets for advertisers who invest early,” Lomas says.
He adds we will continue to see expansion of programmatic “across more of the digital pie”. Brand dollars will start to flow into programmatic channels as better creative opportunities and standardisation occurs.
Measurement of digital media will increase in sophistication with proper attribution, audience verification, and viewability becoming standard. This will further benefit programmatic as it provides the solution to impact new measurement metrics by reacting and optimising in real-time.”
Looking ahead: the challenges
Tonelli also saw three challenges that may trouble the programmatic landscape this year.
- Reliable data at cost efficient pricing. Being more effective will come at a price, but the net effect needs to be in favour of the advertiser, and in the programmatic space, this is not yet happening.
- Being nimble to change to advertiser needs. As advertisers start to shift more of their budgets into the programmatic they rightly want further openness, better access to technology and tools and a transparent business model. The industry has to be open to new models that work with clients’ needs to deliver them the best outcome.
- Standardisation of technology gaps such as click fraud, viewability, and in target delivery. We need to have standards set so that clients are comfortable in what is being delivered is driving their business in a brand safe way, but also in line with their business objectives.
McCabe agrees that ad fraud looms as a big issue, which is further exacerbated by the sophistication of the perpetrators and the immaturity of the industry trying to solve the fraud issue.
“The intent is there, it just now needs strong collective leadership and action rather than waiting for a perfect solution,” McCabe says.
More unique to Australia is the stranglehold agency trading desks have on agencies, clients, and vendors. The resulting trust and transparency issues are holding many brands back from fully investing in programmatic.”
McCabe also saw attribution as a challenge across the board. “But I sense diminishing returns on last click will see marketers adopt more sensible and sophisticated multi-view models that appropriately value the entire consumer journey and purchasing funnel.”
Lomas says Australia’s challenges are not unique, but the major ones are “education and understanding what drives some of the lesser challenges and misconceptions such as mistrust, programmatic as a yield killer, and ‘programmatic can’t be premium'”.
“Brand safety and ad fraud are a constant thorn in the side of exchange buying, yet we foresee this decreasing in prevalence as technology and processes are now better able to respond to this threat. In addition, as the market matures, we see more premium inventory coming into the fold, reducing the need to buy the bottom of the barrel,” says Lomas.
“Bigger than programmatic but related is the increasing complexity of the channel. The muddy water needs to be cleared allowing marketers to easily judge and measure return on investment. This has become increasingly difficult due to the fragmentation and failure of many established measurement methodologies. If we can’t prove our worth as a channel, growth will suffer.”
A race to the bottom for media owners?
A challenge for some media owners is their reluctance to embrace the push to put more premium inventory into programmatic exchanges. Their reluctance stems from fear of a loss of revenues and control through the devaluing their best inventory.
McCabe says the perception that programmatic trading is a race to the bottom is fast changing, and it was only ever that: a perception.
“We’ve seen a rapid shift away from trading only remnant inventory at low CPMs in an auction environment to trading all inventory types and data on fixed price direct deals with improved efficiency,” McCabe says.
“The early fears around a loss of control for media owners have not been realised. In fact, supply-side platforms are giving publishers more control over price and inventory than they ever had before.
“It’s important that all media owners understand that programmatic technology is simply the enabler to help the industry progress and evolve; it’s essential for growth and survival.
“Machines won’t replace people − they just make us more effective. We’ll continue to get smarter just as the machines we build are. We’ll focus more on the things we are great at: creating, relating, understanding, and connecting on a human level, which is what our industry exists for.
Lomas’ colleague at Cadreon, general manager Jess White, inverts the question.
“Programmatic is devaluing inventory? Or is it re-valuing inventory? Programmatic is an opportunity for media owners to generate revenue from inventory that may otherwise have been de-valued in traditional pricing models (e.g. below the fold ad units that are in fact in-view). Most media owners we work with are already embracing emerging valuation tools being used by agencies and assessing how this impacts pricing and their sales proposition, whether it be for application across a direct sales channel or via automated pipes such as programmatic,” White says.
“Our experience with media owners has been positive, with many major pubs among others, demonstrating sophistication around their pricing and inventory strategies that they are applying in programmatic and seeing incremental revenue growth as a result.
“In these scenarios, the media owner has advised and consulted on best targeting, the pricing parameters as well as expected results, maximising the benefit of programmatic and embracing it as part of their media offering.”
The myth of programmatic is that it is about commoditisation of inventory and decreasing publisher yield, but according to Tonelli, there are two key things to remember.
“The first is that pricing is still set by the media owner, so every programmatic impression that is placed into the marketplace has been priced by the media owner before entering the market. The second is understanding who determines value (or premium) in this equation. This has always been the advertiser across all media, but the step change is that technology will start to decide what value is right based on what we know about the person who is seeing that ad impression.
“So nothing has really changed here apart from the fact that we are using technology to speed this process up and make pricing decisions at a single impression level, not in thousands or millions of impressions at a time.”


text:
New Delhi: Yahoo has announced that it is shutting down the legacy platform of its chat service Yahoo Messenger. The company has asked all its users to transition to the new version introduced last year. The old Yahoo Messenger will no longer work from August 5 this year.
The app was introduced in 1998 as “Yahoo Pager” but later renamed as Yahoo Messenger. The app got its latest revamp on December last year.
Yahoo’s latest version of the app will come with a complete makeover and allow users with an incredibly fast, beautiful and smart way to send—and unsend—messages, photos and animated GIFs and group conversations. The new Messenger is available the App Store and Google Play. Yahoo will now focus on other core products such as Mail, Search, and tumbler, News, Sports, Finance and Lifestyles.
The company in the blog post gave said, "While today we provide basic inter operation between the legacy product and the new Messenger, we encourage all of our users to complete their transition to the new Yahoo Messenger as we will no longer support the legacy platform as of August 5, 2016. We intend to continue our focused efforts on the new Messenger, with a goal of delivering the best experience to our users."


text: BetaNews has a report today about a company called SolidRun, which has announced an Intel Braswell-based MicroSoM. Unlike the ARM-powered Raspberry Pi, this is x86 compatible, meaning it can run full Windows 10. Plus, if you install a Linux distro, there will be far more packages available, such as Google Chrome, which is not available for Pi. Heck, it can probably serve as a secondary desktop, Brian with the site writes. From the report: At 53mm by 40mm, these new MicroSoMs provide unheard of design flexibility while also eliminating the headache of having to design complicated power-delivery subsystems thanks to its single power input rail design. SolidRun's Braswell MicroSoM also offers flexibility in RAM options, ranging from 1GB to 8GB configurations, and offers on-board support of eMMC storage up to 128GB. Its robust design and unsurpassed HD Edge surveillance, event detection, and statistical data-extraction capabilities makes it the platform of choice for mission-critical applications requiring guaranteed reliability," says Solidrun.It starts at $117, the website has more details on specifications.


text:
WASHINGTON — A 3-minute presentation will look to influence dietary guidelines for grain-based foods. A “grain chain,” which includes groups in the grain-based foods industry, has prepared the presentation for the Jan. 13-14 meeting of the Dietary Guidelines Advisory Committee, said Lee Sanders, senior vice-president of government relations and public affairs for the Washington-based American Bakers Association.
“You can’t say as much as you want to say in 3 minutes,” she said. “There are so many positive things to say about grains.”
The “grain chain” presentation will seek to protect the recommendation of six servings of grain per day from the 2010 Dietary Guidelines for Americans, Ms. Sanders said.
She added the presentation also will need to let the committee know why baked foods are linked to sodium consumption.
The Dietary Guidelines for Americans 2010 stated, “Some sodium-containing foods are high in sodium, but the problem of excess sodium intake also is due to frequent consumption of foods that contain lower amounts of sodium, such as yeast breads (which contribute 7% of the sodium in the U.S. diet).”
Nobody from the 2010 guidelines advisory committee is on the current advisory committee, Ms. Sanders said. Thus, the presentation will need to educate the committee that people consume a lot of sodium from baked foods because they eat a lot of baked foods, not because each single baked food item has a high percentage of sodium.
The grain chain involves the following groups: the A.B.A., the Grain Foods Foundation, the Wheat Foods Council, the National Pasta Association, the North American Millers’ Association, the USA Rice Federation, the Grains for Health Foundation, AIB International and the Independent Bakers Association.
Ms. Sanders said it is hoped Joanne Slavin will give the 3-minute presentation. A registered dietitian and a professor in the Department of Food Science and Nutrition at the University of Minnesota, Dr. Slavin was a member of the 2010 Dietary Guidelines Advisory Committee.
The recommendations from the current committee will serve as a basis for the Dietary Guidelines for Americans 2015. The advisory committee first met in June. Judging from that meeting, the committee may come up with a broader scope of recommendations than past committees, Ms. Sanders said. The committee may investigate the differences between biotech, organic and traditional food products, she said. Committee members may look at health care and how a proper diet may serve as a preventive way to avoid health problems. Specific diets, such as gluten-free diets, also may be investigated.
The grain chain plans to submit comments after the second meeting in January.The second meeting, originally scheduled for October, was postponed because of the government shutdown. The postponed October meeting may bring about changes in the timeline for the 2015 Dietary Guidelines for Americans, Ms. Sanders said. The current schedule has the U.S. Department of Health and Human Services and the U.S. Department of Agriculture jointly publishing and releasing the guidelines in the fall of 2015.


text:
Hamilton Combined Christian Foodbank has started a campaign to fill foodbank shelves ahead of an expected Christmas demand.
Needy Hamilton families, already stretched to put food on their tables, will be pleased to receive something special in Christmas food parcels.
Collection boxes have been placed in the six Hamilton City libraries in an appeal the whole community can take part in.
As well as non-perishable items - canned food, dried food (noodles, rice and pasta), milk powder, cereals, tea and coffee, soap powder etc - food bank volunteers say it would be great to be able to put a little treat in each parcel.
Congregations are joining the campaign and people are picking up brown paper bags from their churches and filling them with donated food and returning them for collection.
Hamilton Central Business Association general manager Sandy Turner is also organising a food collection. This runs 12.30-1.30pm in Garden Place from December 17 to 22 when choirs will be performing.


text:
The Competition Commission of India (CCI) has given it nod to a clutch of foreign-owned entities to subscribe to the units of Tower Infrastructure Tr ...https://www.thehindubusinessline.com/info-tech/anahera-valkyrie-among-foreign-entities-approved-for-investingin-tower-infra-trust/article30608540.ece
Fair trade regulator Competition Commission of India (CCI) has approved divestment of Reliance Jio’s telecom tower assets to Canada’s... ...https://www.thehindubusinessline.com/info-tech/cci-approves-reliances-divestment-of-jio-tower-assets/article30606880.ece
'With a less than comely bride and no dowry to speak of, the prospects of landing a good match look bleak, a grim, sinister and no-nonsense... ...http://www.rediff.com/money/column/air-indias-prospects-of-finding-a-buyer-look-bleak/20200117.htm
ead of Bezos’ visit, the Competition Commission of India (CCI) had launched a investigation into Amazon and its competitor FlipKart to look... ...https://economictimes.indiatimes.com/industry/media/entertainment/prime-video-will-double-down-on-investment-on-content-in-india-jeff-bezos/articleshow/73309453.cms
Goyal wondered why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, was incurring such huge losses... ...http://www.rediff.com/money/report/amazon-not-doing-india-a-favour-by-investing-1-bn/20200116.htm
Call at +91-9999536111 to get Special...


text:
Fidget spinners, a Wonder Woman "battle sword" and a remote-controlled Spider-Man drone are among the toys topping a consumer safety group's annual list of worst toys for the holiday season.
Operation Christmas Child has begun. As of Monday, drop off locations around the Cape Fear will be open to collect gift-filled shoe boxes.
There is a new scam targeting Amazon customers. A viral email could let hackers get your credit card numbers and steal information from your computer.
The holidays are sneaking up on us and one sure sign is your chance to give and receive with our One-Day Blitz to restock the Salvation Army's food pantry.
It'll be a (mostly) white Christmas cup for Starbucks this year. The coffee chain's latest holiday design lets customers color it in themselves.
The program, available in 20 major U.S. cities, allows consumers to place online orders with participating retailers before a cutoff time Saturday.
The deadline to turn in applications for the Salvation Army Angel Tree program is Friday.
Holiday travelers will have more options if they fly in or out of Wilmington this Christmas.
A Wisconsin family Christmas tree business will be meeting the First Lady this November, when they present the White House with this year's Christmas tree.
Target is increasing the number of people it hires to work during the holidays by 40 percent, to 100,000.


text:
November 12, 2004 |
MUMBAI: Foreign logistics companies operating in India through their Indian subsidiaries are liable to be taxed in India, says a recent decision by the Authority for Advance Ruling (AAR) on an application. The AAR was ruling on an application filed by UPS Jetair Express, which is a joint venture between global logistics major UPS International Forwarding and Jet Air. Jetair Express is the general sales agent for international and domestic airline companies in India.
January 12, 2015 |
BENGALURU: Flipkart expects the share of shipments handled by third-party logistics companies, including FedEx and BlueDart , to double in the coming year as the country's largest online retailer finds it a challenge to conduct police verification of people delivering goods. Significantly, this change in strategy also underlines the company's long-term vision of deploying its logistics team to focus on value-added services and deliver a better...
May 4, 2015 |
BENGALURU: If you bought shares of Gati Ltd in late 2013, they would be worth at least 10 times by now. The 25-year-old logistics company's stock has not seen so much action in a long time, buoyed by online retailers. Likewise, shares of Blue Dart Express and Transport Corporation of India have more than doubled in the past two years. For investors, that's something to cheer. But logistics in India is still far from being able to keep pace with the rapid strides...
March 26, 2016 |
AHMEDABAD: Intra-city logistics solutions providers are a growing tribe in tier II and III cities as traffic problems force the, municipality to oppose entry of heavy vehicles. Additionally, burgeoning ecommerce deliveries and a demand-supply lapse in the unorganised 'tempo' segment is helping their cause. The list includes LoadingTempo, Logisure and YeloTempo in Jaipur, MUVR and Tempawala in Ahmedabad and Indore's...
February 21, 2014 |
The race to sort, package and ship millions of products that Indians are buying online is becoming a hotly contested one in the Indian logistics industry as several companies launch innovative services to grab the growing business. The lack of efficient logistics support has been a bottleneck for India's online retail industry. Typically companies that offered plain vanilla courier services found themselves called upon to provide rapid...


text:
Breaking with tradition, Volvo opts for an outsider to the automotive industry.
Volvo has announced that Jim Rowan, currently CEO of Ember Technologies, a US temperature-controlled kitchenware company, will succeed Håkan Samuelsson as CEO and president starting in March.
“Volvo Cars is going through a rapid transformation of digitalization which is why we wanted to bring in someone with global CEO experience from outside the automotive industry,” Eric Li, chairman of Volvo Cars, said in the press announcement.
Carmakers usually headhunt from competitors, so the appointment of Rowan, who has served as CEO of British vacuum cleaner manufacturer Dyson and as COO of Blackberry, is a departure from tradition. Yet it’s logical enough given auto trends. Volvo is aiming for 50% of its global sales to consist of fully electric cars, with the rest hybrids, by 2025. It has pledged to go fully electric by 2030.
Throughout his career Rowan worked hard on digitalization, disruptive technologies, innovation, engineering and supply chains, making him a match for Volvo’s criteria of “a CEO who has a strong background in software, digital transformation and innovative consumer products.”
He may also have some humility about the auto industry. Dyson had an electric-vehicle manufacturing project while Rowan was CEO. Viewed as a vanity project of the company’s founder, James Dyson, it was scrapped after just three years, so Rowan does have some understanding of the challenges involved in making EVs economically viable.
He also brings valuable experience of Asian manufacturing. Dyson has plants in Singapore, China and the Philippines. Volvo Cars signed an agreement, in July 2021, with its parent Geely Holding to acquire Geely’s stake in the its joint ventures in China, with the aim of taking full ownership of those car manufacturing plants and sales operations.


text:
Analyst: iPhone 5S Due Out in June 2013
December 10, 2012 6:57 PM
comment(s) - last by
Peter Misek from Jefferies is already predicting the next iPhone's specs
Sad to say it, Apple fans, but your iPhone 5 is already old news:
the iPhone 5S
is coming in about six months, and lets just say it has a pretty colorful personality.
According to Peter Misek, an analyst from American global investment bank and institutional securities firm Jefferies, said that the iPhone 5S will be released in June 2013, and will likely come in six to eight different colors.
Misek said the new iPhone 5S will be colorful like the iPod touch, pictured above.
Misek also predicts that the 5S will have an IGZO screen for Retina+, a super HD camera/screen, NFC capability, 128GB of storage and a longer battery life.
Business Insider was quick to note that Misek's predictions have been off with Apple TV, but that he predicted the iPhone 4S last year while everyone else was expecting the iPhone 5. Hence, it seems to think Misek is spot on in the iPhone department.
Just last week, ETrade Supply claimed it had the
first leaked photos of the iPhone 5S
More specifically, they looked to be the rear shell, and it shows a few minor differences between the 5 and the future 5S
such as the placement of the logic board screw holes.
iPhone 5 was released in September
of this year. It features the new iOS 6 operating system, a larger 4-inch screen, 1136x640 screen resolution, 4G LTE connectivity, 16GB/32GB/64GB storage options, an A6 dual-core processor and an 8MP rear-facing camera/1.2MP front-facing camera. The price is $200/$300/$400 for 16GB/32GB/64GB storage options respectively.
During launch weekend in September, Apple sold a total of
5 million iPhone 5s
This article is over a month old, voting and posting comments is disabled
12/11/2012 1:44:29 PM
I repeat, there is nothing negative at all in the article above. Not even a little bit.
12/12/2012 12:34:33 AM
Sad to say it, Apple fans, but your iPhone 5 is already old news
thats the very first line lol. my s3 was old news 2 days after i got it, but i dont really care, its tech, its what happens.
just wish we could get better news on DT, as a fan of AT, kind of tied to the hip a bit.
12/12/2012 1:46:00 PM
How is that in any way negative about Apple though?
That is like saying Sorry 2012 BMW 3 serious owners, the 2013 model is out in 6 months and it will be even better. OK, that is a compliment to BMW about the new product and also a totally expected result. If Apple and BMW didnt release a better product it would be a newsworthy bad thing.
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