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Google’s answer to the Amazon-owned live-streaming juggernaut Twitch is about to launch. YouTube Gaming, a new video game-focused vertical announced earlier this summer, is expected to launch sometime Wednesday, according to the BBC.
The new website and app will better organize the massive amount of gaming content that already resides on YouTube. More than 25,000 titles will have dedicated pages that gather the best live streams and videos related to each individual game in one place. The site will also have its own dedicated search results, making it easier to find gaming-related content.
The main attraction, though, is likely to be the livestreams, which YouTube says will be front and center in the new app. The Google-owned video site has been beefing up its livestreaming capabilities this year by boosting streams to 60 frames per second and enabling smoother fast-forwarding.
Gaming has become a key part of the online video scene in recent years. YouTube’s most-followed star is PewDiePie, a twentysomething Swedish gamer who commentates over popular games as he plays them in a format known as “Let’s Play.” Meanwhile, Twitch has become the go-to among gaming fans looking to watch live action or recordings of particular matches. Google was reportedly interested in snapping up Twitch last year to fulfill its live-streaming needs, but Amazon bought the company for $970 million last August instead.
YouTube Gaming will be available in the U.S. and the U.K. when it launches.
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LG officially unveiled the G2 yesterday – a premium Android smartphone that comes packed with specs and features. We had some hands-on time with the G2 and make sure you check it out here.
LG stated in their press release that “Following the global launch event in New York City on August 7, the LG G2 will be rolled out in over 130 wireless carriers in the next eight weeks starting in South Korea followed by North America, Europe and other key markets. Specific dates for market availability will vary by region and carrier.”
We know that a few Canadian carriers will be releasing the G2. Nothing official yet from Bell or Rogers, but TELUS has become first to declare the LTE-enabled G2 will be available shortly. According to their site, the G2 is ‘coming soon’ and will be available in black, no indication of the white version or the pricing.
We’ll have more info on this release soon.

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Latest News on the Wire
(Birkeroed, Denmark – July 21, 2014) – The Maritime and Port Authority of Singapore has issued a certificate of approval for the Danelec DM100 VDR for installation on ships under the Singapore registry.
(CHESAPEAKE, Va.) – July 21, 2014 – Volvo Penta of the Americas today announced the availability of a keel cooling option with D4 and D6 marine diesel engines to meet customer demands in the North American marine commercial market.
Kunda Park, Qld, Australia – July 9, 2014 – To reinforce that its new line of nanotechnology-based boat repair products deliver repairs that last, Australian manufacturer MagicEzy has announced a 3-Year Repair Guarantee on its patent-pending 9-Second Chip Fix, Hairline Fix and Mega Fusion products.
BURNABY, BRITISH COLUMBIA, CANADA – July 9, 2014 – The premier of British Columbia Christy Clarke inaugurated the new state-of-the-art micro-grid lab at the Xantrex headquarters in Burnaby, British Columbia on Tuesday, July 8. Built at a cost of U.S. $13 million, the 15,000 square foot lab, one of the largest of its kind in North America, has been under construction for the past 24 months. The lab is spread over three floors, houses over 370,000 pounds of equipment and cables and is powered by its own substation.
Hobe Sound, Fla.—Jul. 9, 2014—Six major marinas have joined The Boat Village’s collaborative in Southeast Florida to promote online service coordination and simplify boat ownership.
NORFOLK, Va. – July 2, 2014 – Entries will be accepted until Aug. 1, 2014 for the inaugural SHIPPINGInsight Award.
Marine NewsWire - The only wire service dedicated exclusively to the marine industry.
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FX & CFD trading involves significant risk
Reflecting a jump in inventories of non-durable goods, the Commerce Department released a report on Tuesday unexpectedly showing an increase in U.S. inventories of wholesale goods in the month of June.
The report said wholesale inventories rose by 0.3 percent in June following an upwardly revised 0.2 percent increase in May.
Economists had expected inventories to come in unchanged compared to the 0.1 percent uptick that had been reported for the previous month.
The unexpected increase in wholesale inventories came as inventories of non-durable goods surged up by 1.1 percent in June after inching up by 0.1 percent in May.
Inventories of drugs and druggists' sundries and farm product raw materials showed significant increases during the month.
On the other hand, the report said inventories of durable goods fell by 0.3 percent in June after rising by 0.2 percent in May.
A drop in inventories of electrical and electronic goods offset an increase in inventories of lumber and other construction materials - RTT news.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.


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The co-founder of Rent the Runway, an online service that provides designer clothing and accessory rentals, will speak in Chattanooga.
Jennifer Hyman is also the CEO of the company, and she will give the keynote address at the Chattanooga Women’s Leadership Institute’s 13th annual Impact Leadership Dinner in February.
“Jennifer has built a thriving IT and logistics company within the online fashion sector and is a great example of female business leadership in the typically male-dominated tech and startup worlds,” CWLI Executive Director Holly Ashley said in a prepared statement.
In 2009, Hyman introduced Rent the Runway, a company that is introducing clothing rental as a utility in women’s everyday lives, to the $1.7 trillion fashion industry. In her role, she sets strategic priorities and leads the company in growing all areas of the business, including marketing, technology, product, logistics and analytics.
Hyman raised more than $190 million in venture capital, growing the business to more than six million members, 1,100 employees—which are more than 60 percent women and 70 percent minorities—and hundreds of designer brands, according to a news release.
As the CEO, Hyman built Rent the Runway from an idea into a profitable, high-growth company valued at nearly $1 billion.
“She helped build Rent the Runway from scratch with a female classmate from business school and is now prepping for an initial public stock offering just eight years later,” Ashley also said. “Her message of strong female leadership and business foresight will be inspiring to our membership and Impact event guests.”
Hyman has been honored with recognitions such as Forbes’ 12 Most Disruptive Names in Business and Fortune’s Most Powerful Female Entrepreneurs.
She is also a frequent guest on television, serving as Rent the Runway’s spokesperson on “The Today Show,” “Good Morning America,” “CBS This Morning” and Fox.
The event will take place Feb. 22 from 5:30 to 8:30 p.m. at the Chattanooga Convention Center.
Individual tickets go on sale Dec. 1.
For more information about the event, including sponsorship opportunities, call 423-394-8173.


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Chinese manufacturer, Honor, is doing all it can to get back some of its lost market shares. The company currently has a number of devices which has the Chinese 3C certifications. These devices come with model numbers ELZ-AN00, ANY-AN00, TNA-AN00, and LSA-AN00. They are manufactured by Guilin Shenzhen, Huizhou Guanghong, BYD Electronics, and Honor’s own factories. Although these models have different foundries, they all support 5G networks. All of them come with HW-110600C00 chargers as standard and support up to 66W (11V/6A) wired fast charging. These smartphones are also compatible with 40W (10V4A) fast charging. Considering earlier reports on the Honor 60 series, there are reports that these Honor models belong to the Honor 60 series.
According to speculations, the Honor 60 series will include three models. We expect to have the Honor 60, Honor 60 Pro, and Honor 60 SE. As of now specific details about the Honor 60 series remains under wraps.
Honor 60 series to launch on December 1st?
This year, Honor released the Honor 50 series, including Honor 50, Honor 50 Pro, and Honor 50 SE mobile phones. Now, unconfirmed reports from a Weibo blogger, @轩冕XPro, reveal that Honor will officially unveil the Honor 60 on the first day of December this year. However, he claims that this is a tentative launch date which means that there could be changes. Nevertheless, the authenticity of this tentative launch date can not be ascertained as of now.
Gizchina News of the week
There have not been many reports on the Honor 60 series. However, the speculation so far claims that this smartphone will come with a pill punch-hole in the upper left corner. Furthermore, this device will come with a quad rear camera setup. In addition, there will be a Pro model. The Honor 60 Pro will come with a center punch-hole curved display. On the rear, the Pro model will use five cameras. The rumors so far claim that the Honor 60 will come with a Snapdragon 870 chip as well as a built-in 4500 mAh battery. This smartphone will also support 65W fast charge.
There is no official confirmation of the specs of this device. To this end, there are contrasting reports that the Honor 60 series will come with the Snapdragon 898 SoC. However, considering that the release cycle of Qualcomm, this is less likely. As for the design, the Honor 60 should use a design that is suitable for younger folks. It will also support features that aid gameplay in video Vlog and other aspects.
The Honor 50 and 50 Pro phones use Snapdragon 778G processors, with 1 billion color super curved screens and built-in 4000 mAh batteries. Honor 50 supports 66W fast charge, and Honor 50 Pro supports 100W super fast charge. In addition, the Honor 50 and 50 Pro phones are equipped with four rear cameras, including a 100-megapixel main camera, an 8-megapixel wide-angle lens, a 2-megapixel macro lens, and a 2-megapixel depth-of-field lens.


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The service customer/service department relationship is built on trust. If your customers don’t trust you to be open, upfront, and honest, they won’t trust you with their business. When you increase your efforts to improve communication throughout the service process, you build trust with your customers and boost your bottom line.
October 1, 2021
Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.
September 27, 2021
Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.
September 21, 2021
The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.
September 8, 2021
August will be a fourth consecutive month of slowing sales and looks to be coming in even lower than our forecast of 1.2 million, a 9% decline from August 2020.
September 2, 2021
The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.
July 15, 2021
The way people want to buy cars has changed, and those changes are here to stay. Here are a few ways dealerships can lean on their auto dealership software to appeal to today’s consumer shopping habits.
July 8, 2021
A majority of dealership leaders – approximately 65% – report they plan to increase the total number of employees in the dealership this year.
June 22, 2021
Automakers reported impressive monthly results, showing increases that ranged from 40% to 70% compared to unit sales during the pandemic.
June 3, 2021
Wholesale used vehicle prices have increased 37% over the past 20 weeks and used retail prices rose 15% since the end of 2020.
June 3, 2021
vAuto reports vehicle inventories dropped to 2.24 million vehicles in April, representing a 44-day supply.
May 19, 2021
The Cox Automotive Industry Insights team is forecasting a sales pace of 16.5 million in April, down from the surprise 17.7 million in March, but a healthy number nonetheless.
April 28, 2021
Look for further data updates as the Cox Automotive Industry Insights team dives into the results and shares insights on average transaction prices, fleet performance, CPO sales, inventory levels and more.
March 3, 2021
In today’s dealership environment, strong data is the play. But keep in mind, it’s not just technology, it’s about the dealership experience.
February 25, 2021
Auto sales activity likely slowed in the final days of January, notes Cox Automotive's Chief Economist Jonathan Smoke, as consumer sentiment waned and heavy winter weather ran through major markets in the Midwest and Northeast.
February 3, 2021


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A video made to promote tourism in the U.S. state of Rhode Island accidentally used footage filmed in Iceland.
According to CNN, the video was part of a $5 million campaign to promote the new state slogan, “Cooler and Warmer.”
The 110-second video was reportedly taken down quickly once the gaffe was noticed, but Rhode Island’s governor had already tweeted it to her followers.
"Imagine a place that feels like home, but holds enough uniqueness that you are never bored," says a narrator over a scene apparently filmed in Iceland’s capital Reykjavik, reported CNN.
The video’s commissioner, The Rhode Island Commerce Corporation, called it an “honest mistake," according to CNN.
"As the Commerce Corporation put this presentation video together, explicit instructions were given to the local firm that helped with editing to only use Rhode Island footage," said Betsy Wall, the corporation's chief marketing officer, according to the Providence Journal. "A mistake was made."
The company that made the video, IndieWhip, said it would delete the Icelandic scene.


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People are using more technology in their lives every day, and as good as that may sound, it also means that any data breach will be very expensive.
Those are the results of the latest Juniper research, which shows that the fast digitisation of consumers’ lives and enterprise records will increase the cost of data breaches to $2.1 trillion (£1.34 trillion) globally by 2019.
This means an almost four times increase in comparison to the estimated cost of breaches in 2015.
Even though Internet of Things (IoT) devices are the biggest bait for hackers, considering that it is a new technology which still needs to be mastered, the research says the majority of these breaches will come from existing IT and network infrastructure.
The research, called The Future of Cybercrime & Security: Financial & Corporate Threats & Mitigation, says new threats targeting mobile devices and the IoT (Internet of Things) are being reported at an increasing rate, but the number of infected devices is minimal in comparison to more traditional computing devices.
The report also highlights that the hackers are becoming more professional, with the emergence of cybercrime products (i.e. sale of malware creation software) over the past year.
Casual activist hacks are in a decline as well. Hacktivism has become more successful and less prolific – in the future, Juniper expects fewer attacks overall, but more successful ones.
"Currently, we aren’t seeing much dangerous mobile or IoT malware because it’s not profitable", noted report author James Moar.
"The kind of threats we will see on these devices will be either ransomware, with consumers’ devices locked down until they pay the hackers to use their devices, or as part of botnets, where processing power is harnessed as part of a more lucrative hack.
"With the absence of a direct payout from IoT hacks, there is little motive for criminals to develop the required tools."


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A Utah manufacturer is having a tough time trying to broaden the channel for its virtual private network firewall appliances in Canada.
SnapGear Inc., which has a network of 25 resellers here, is trying to sign up co-location and hosting service providers with security expertise as another outlet
for its Linux-based products.
The model, which the company calls its managed security service program, has caught on in the U.S., with four regional providers already signed up. The idea is the providers bundle SnapGear VPNs as part of their service.
But Matthew Rodger, the company’s channel sales manager for the Americas, says lack of name recognition is proving to be quite a hurdle to the handful of service providers in Ontario and B.C . he’s talked to.
“”We say ‘We’re from SnapGear,’ and they say ‘What? Who?’ “”
He admits that much of the problem is that the bulk of SnapGear’s marketing effort has been spent in the U.S.
While it has an Ontario-based distributor in Paradigm Information Technologies, most Canadian SnapGear resellers buy from the manufacturer.
SnapGear also faces competition here from majors such as Cisco Systems, Symantec, WatchGuard and SonicWall.
Its products are aimed at small and medium businesses, as well as enterprises with branch offices.
However, Rodger said that even with a network of resellers in both countries sales aren’t going fast enough.
So the company hit upon the idea of using hosting providers who have demanding security standards such as requiring customers have a firewall as part of their solution. The monthly hosting fee it charges would include providing a SnapGear firewall for added protection.
“”We want to replicate that business model in Canada,”” said Rodger.
“”I see it as a very rich, lucrative market.””
For providers, SnapGear offers the usual discount – 25 per cent off hardware, 20 per cent off non-hardware items such as support contracts and extended warranties.
The company offers buyers unlimited user licences and free firmware updates.
But it’s taking time to convince providers north of the border. “”I’m working with a rather large data centre in Western Canada and it’s taking several months of dialogue, and they’re still in the evaluation phase,”” says Rodger.


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Call of Duty: Black Ops III Salvation Multiplayer Trailer
Call of Duty: Black Ops III Salvation, set to launch September 6, adds four new multiplayer maps: Micro, Citadel, Rupture, and Outlaw.
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Optoelectronics injection molding specialist QT Manufacturing has strengthened its position in the niche market through acquisition.
QT acquired C&F Tooling Inc. for undisclosed terms effective Jan. 1, said QT Chief Financial Officer and co-owner Anand Patel in a phone interview. Both firms are based in Dallas.
“The additional capacity will allow us to serve our customer base with greater flexibility and shorter lead times,” Patel stated. C&F expands QT's customer base, and its injection molding machines — now being relocated to QT's operation in Dallas — boost QT's capacity to mold parts from a range of commodity and engineering resins.
QT now has 14 injection molding presses with clamp tonnages from 30 to 120 tons. The company is running the presses around the clock to meet orders in telecommunications, fiber optics, medical, aerospace and consumer markets.
QT also employs precision CNC machining to make aluminum and steel components in low-to-high production runs. It recently garnered an AS9100 certification that is especially useful for its sales to aerospace customers. Also last year it received ISO 9001:2008 certification to ensure quality management for a wide variety of clients.
Anand said his company also has in-house mold-building for QT customers and for third party orders. QT was established in 1990 mainly as a tool shop for optoelectronic and sensor components. It branched into injection molding in the late 1990s and several years later it added precision metal parts to its capabilities. Anand and partner Bill Gilliland acquired QT in 2011 after careers in finance.
C&F was a 25-year-old precision molder focused on optoelectronic parts. One of the co-owners died a few years ago and the remaining partner decided to sell the business.
Anand said QT is moving C&F's five presses to the QT factory for efficiency and to take advantage of QT's quality systems. QT now employs 39 in its Dallas operation


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Smartphone sales around the world in the last three months of 2015 grew at the slowest rate in eight years.
However, according to data released by research firm Gartner, sales still grew by 9.7% when compared to the same period in 2014.
In total 1.4 billion smartphones were sold during the whole of last year, up 14.4% on the previous year.
Gartner Research Director Anshul Gupta said the growth was driven by strong demand for premium smartphones in developed markets and low-cost smartphones in emerging markets.
In particular price cuts by Chinese and local manufacturers operating in emerging markets propelled sales in the midrange and entry-level segments.
Between October and December of last year, Samsung and Huawei were the only two of the top-five handset makers to experience a rise in sales.
Apple registered its first drop in sales, with iPhone sales falling 4.4%, according to Gartner.
Huawei registered a strong performance during the quarter, experiencing a 53% hike in sales.
However, Gartner says Samsung must introduce new flagship models to compete with Apple, if it wants to stall the trend of Samsung users moving across to iPhones.
That said, Samsung remains the number one seller by market share, holding 22.5% of the market, followed by Apple with 15.9%.
Android remains the dominant operating system, increasing 16.6% in the fourth quarter of 2015, to account for 80.7% of the global total.


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The Dutch privacy watchdogs have come to a conclusion that Google’s policy regarding their privacy breaches the Dutch data protection act.
According to the Dutch Data Protection report, Google doesn’t inform the users about the personal data it collects and combines for their search purposes.
“Google makes a mess of our personal data, without our content. That is forbidden by the Dutch law”, the chairman of the Dutch Data Protection Authority, Jacob Kohnstamm said.
Google responded by telling that it gave the user detailed information about the data which was collected and what was it going to be used for.
Google have been invited by the Dutch DPA to attend a court hearing. The Dutch agency would decide their actions after the hearing and how it proceeds.
The updated private policy was implemented in 2012. It caused uproar among the privacy advocates. Google consolidated around 70 privacy policies across its products down to one. With the latest charge against Google, they have switched to one profile for users across all services than separate log-ins for offerings like YouTube, Search and Blogger.


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Smart charging of charge points enables the electric taxis of SchipholTaxi at the Dutch national airport to charge 30% faster. Because electric taxis often use a combination of “DC” fast-chargers and regular “AC” chargepoints at charging stops it is crucial to divide the electric power. Climate-KIC start-up Cohere has developed a smart charging system together with Delft. Read more
Landing in Amsterdam these days can net you a ride in one of the cars of tomorrow, right now. The historic city of Amsterdam, born in the Middle Ages and rooted in history, is celebrating the future: As of last week, Schiphol Airport sports the largest fleet of electric taxis in the world, with 167 Tesla. Read more
"Even if you are in a hurry they deliver! A taxi within just 10 minutes"


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Italian fashion brand Altiir has launched cruelty-free gold and silver biker jackets made from vegan pineapple leather.
The neo-classic collection was inspired by vintage, tailored biker jackets, Altiir explains on its website. The clothing is made from a pineapple-derived material, called Piñatex, which was developed over the course of ten years by Dr. Carmen Hijosa.
In contrast to traditional leather – known for its detrimental impact on the planet and cruelty toward animals – the pineapple leather “positively impacts the environment,” reduces waste, and encourages social, cultural, and ecological development, Altiir says.
“The world is at a tipping point,” Altiir writes, adding that it has a responsibility to restructure the fashion industry to alleviate pressure from the “radically deteriorating planet.”
“It’s become a matter of necessity as much as desire,” said Altiir Creative Director Timothy Turner-Sutton. “We have to create sustainable products in ethical and cruelty-free ways if we are to continue to enjoy, and be proud of the pieces we invest in.”
Altiir creates luxury fashion garments, made from start-to-finish in Italy, for the modern conscious consumer. “This remarkable alternative to leather is created by the clever people at Piñatex. Not only incredibly functional but also objectively beautiful,” Turner-Sutton explained. The leaf fibers are strong and make for a unique texture that shapes around the body over time and ages gracefully.
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Turner-Sutton, along with the company’s co-creator Lincoln Godwin, is influenced by the late 60s rock ‘n’ roll counterculture of revolution-inspiring artists like Mick Jagger, David Bowie, and Jimi Hendrix.
“When you slide into one of the metallic finishes, you really do feel like a Rolling Stone: everybody wants to touch you!” Turner-Sutton commented.
Altiir isn’t alone in its quest for sustainable, vegan leather fashion. Piñatex has also been used by luxury fashion label Hugo Boss to make its first-ever line of vegan men’s shoes. Vegan brand James & Co. also uses the material to make animal-free leather jackets.
“This is a year for change,” Altiir says online. “[F]or individual voices to be heard, in all industries and all aspects of life. Let’s come together.”
Image Credit: Altiir
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Rumours have been floating around lately that a new Paper Mario game is coming this year, but so far they are only rumours. However, if you’re craving a new Paper Mario game, soon there will be an alternative way to scratch that Paper-like art style itch. A year after it was first announced Moonsprout Games and Dangen Entertainment have finally given us a release date for Bug Tales: The Everlasting Sapling. The adventure RPG full of all sorts of buggy critters in a Paper Mario-inspired art style will be releasing on Nintendo Switch, PS4 and Xbox One on May 28.
Small Heroes, Big Adventure!
The smash hit title Bug Fables: The Everlasting Sapling is on it's way to Switch, PS4, & Xbox One. Get ready to explore Bugaria on May 28th!
Pre-orders start on May 14th!
— DANGEN Entertainment (@Dangen_Ent) April 29, 2020
Check out the trailer above to see if an adventure for treasure and immortality is for you! Pre-orders open for Bug Fables: The Everlasting Sapling on May 14 on Nintendo Switch, PS4 and Xbox One.


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The Guam Visitors Bureau (GVB) is proud to announce over 300 offers are now available for the 6th annual Shop Guam e-Festival. The GVB signature event launched on Friday, November 10, 2017 and will run through February 28, 2018.
As the biggest shopping event in the Western Pacific, Shop Guam has evolved into a global campaign that features shopping incentives to include tax free shopping, dining, optional tours, tourism services, and shops found only on Guam. The Shop Guam e-Festival also won two prestigious international awards in 2017 – the President’s E-Award from the U.S. Department of Commerce, and the best Travel Media – Mobile Travel Application from Pacific Travel Asia Association (PATA).
“GVB recruited over 180 vendors for this year’s campaign, setting a new record of more than 300 offers and discounts that both local residents and tourists can access through our state-of-the-art Shop Guam mobile app, available on both iOS and Android devices,” said GVB President and CEO Nathan Denight. “We invite everyone to download the free app and take advantage of this interactive shopping experience just in time for the holiday season.”
The Shop Guam app also comes with GVB’s beacon sensor technology that uses location-based proximity to send real-time push notifications to inform users about the nearby offers.
TripAdvisor features top Shop Guam offers
Another major enhancement of the 2017 Shop Guam e-Festival is GVB’s global partnership with TripAdvisor, the world’s most trusted travel review site. The TripAdvisor promotion highlights some of the top offers and merchants from the 2017 Shop Guam e-Festival.
“GVB is leveraging the power of TripAdvisor and its influence on travel reviews to elevate the overall service quality and guest experience provided in Guam. The Shop Guam TripAdvisor partnership is our first initiative to feature the top local businesses on the global stage and aggressively promote them to the passionate TripAdvisor community,” said GVB Director of Global Marketing Pilar Laguaña.
Popular social media influencers to promote Shop Guam
Additionally, GVB brought in talent from seven of Guam’s source markets to share their Shop Guam experience with their millions of followers. The popular social media influencers include Satoumi from Japan, Sermin Hong from Korea, JR Lee from Taiwan, Flavia Wong from Hong Kong, Gao Min (Nono) from China, Alodia Gosiengfiao from the Philippines, and Zoe Paradigma from Russia. GVB also invited a renowned virtual reality specialist, James Hay, from the United States to film a series of 360 videos to feature the group’s Shop Guam experience.
The social media stars were on island exploring Guam as they visit Shop Guam vendors and post live on various Social Networking Sites (SNS) with the hashtags, #ShopGuam2017 and #InstaGuam.
To know more about Guam, you may visit the Guam Visitors Bureau’s PH Facebook page at: www.facebook.com/visitguamph, or you may follow the @visitguamph page on Instagram.


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Your overview of economic and policy news with a focus on the food and consumer goods industry. Featuring the latest developments and guidance on the rising cost of living, disruptions to supply chains, the Ukraine crisis, labour shortages, policy developments and adapting to a new relationship with the EU.
Price rise investigation
The Competition and Markets Authority has announced that they are stepping up their work in the grocery sector to understand whether any failure in competition is contributing to grocery price rises.
The work will assess how competition is working in the retail sector and whether any specific categories require further investigation.
Food price inflation in March reached a 45 year high of 19.1%, in line with IGD’s forecasts. IGD will be launching our latest forecasts for food price inflation in early June. Click here to see our latest insight and be the first to learn of our expectations for food prices once they are released.
Farm to Fork Summit
Representatives from the whole food supply chain attended the Farm to Fork Summit at Downing Street attended by the Prime Minister. The Prime Minister has confirmed that:
- A new and expanded Fruit and Vegetable Scheme to support the horticultural sector will be launched
- The Grocery Code Adjudicator will be kept separate from the Competition and Markets Authority
- 45,000 visas will be available for the Seasonal Worker Visa Scheme in 2024, with the capacity for a further top up of 10,000
Ahead of the Summit the Government announced a package of support to promote British food and drink exports. Central to this is the confirmation that farmers’ interests will be at the “heart of trade policy”.
Real pay continues to fall
The growth rate in average weekly earnings between January to March 2023, excluding bonuses, increased strongly to 6.7% year-on-year. Average wages, after adjusting for the impact of inflation, continues to fall. Using the wider RPI measure of inflation, real wages are now down 7.8% year on year.
See our article here for our analysis of pay.
Out of work sickness at record level
More than 2.5 million people are economically inactive due to long term sickness. This is the highest level on record. This compares to 2.1 million in the period January to March 2020.
Read our article here for our analysis of the UK labour market.
More economic news and analysis
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Our round-up of the latest economic and political news, focused on FMCGs


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Volvo plans for all its manufacturing operations to secure 'climate-neutral' status by 2025
An engine factory in Sweden has become the first of Volvo's manufacturing plants to win "climate-neutral" status after switching to renewable heating, the Swedish carmaker announced yesterday. The factory...
Chief executive of Climate Change Committee Chris Stark tells business leaders to 'take the leap' on decarbonisation ahead of net zero report publication
We Mean Business CEO Nigel Topping said actions of some major car sector bodies go against interests of their members and the low carbon transition
Octopus Energy integrates with Amazon Alexa to provide voice activation of smart home services
Environment Agency chief calls for use to be cut by a third


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Blincam is a compact camera that attaches to the glasses, allowing users to take photos with a single blink. This is considered to be a very simple hands-free solution by a group of researchers in Japan, at least for those who regularly wear glasses.
Just a blink of an eye, you have a beautiful photo.
The camera's shutter will operate as soon as it detects a user's blink. To do this, the team has equipped the product with a special sensor, capable of distinguishing between natural and blinking wicks. Bluetooth technology is also built into Blincam, allowing it to send photos to smartphones when connected.
The camera maker made a fundraiser on the Makuake site of Japan and received $ 9,400. Next November, they will continue to call for capital on Kickstarter and will produce to customers around the world if successful.
Just like other "hidden" imaging products, the Japanese company's equipment certainly needs to overcome the privacy concerns. In addition, the manufacturer hopes to bring Blincam to Amazon as well as other online retailers early next year. The price of this camera is still unknown.


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The good news for Japanese prime minister Shinzo Abe in his fight against deflation: Japan’s consumer price index, excluding volatile fresh food costs, increased by 1.3% in December, notching a 0.4% gain for 2013. (Inflation of about 2%, is the goal.) That makes last year the first time in five years that average annual prices of consumer goods have risen.
Putting an end to more than a decade of falling prices—which make debt burdens worse and dampen consumer spending—has been a key part of the stimulus policies known as “Abenomics.” But then there’s the bad news, for Abe and Japan’s workers alike: while prices are going up, wages still aren’t, despite the fact that Abe (like US president Barack Obama) has been pleading with businesses to pay their workers more.
According to data also released Jan. 31, average monthly income per household of workers was up 0.3% nominally, but when inflation is taken into account, wages actually fell 1.7% in 2013 from the year before. As a result, average spending per household was also down 2.3% in real terms.
This is part of an ongoing trend, as we’ve pointed out. Japanese wages have been falling an average of 0.8% a year since 2000. Moreover, Japan’s rising prices are expected to grow almost five times faster than wages.
Japanese officials seem to understand the danger of having stagnant incomes–it hurts the middle class, pushes those of lower-income brackets ever lower, and restrains the economy. But when officials finally implement a controversial sales tax hike to 8% from 5%, another worry may be whether Japanese citizens start protesting behind this apt slogan: “inflation without compensation.”


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The holidays are a busy season for retailers looking to juice revenue by running ads promoting inventory-clearing sales. But for Target, this year the holidays are also a time for running other brands’ ads.
Since October, Target has been operating a private marketplace powered by supply-side platform PubMatic. The digital marketplace allows brands to retarget their customers on Target.com, according to sources with knowledge of the private marketplace. PubMatic declined to comment, but Target all but confirmed the news in an emailed statement.
"Target.com has featured advertisements from various brands and marketers for several years. This fall, we began piloting a program that we believe will help Target deliver more relevant ads on Target.com to help us better serve both our guests and advertising partners," a Target spokesperson said in the email.
Target’s private marketplace operates similarly to others that retailers like Best Buy and Amazon have developed recently. For example, a user may visit Target.com and check out its high-def TVs. As that user navigates to other parts of Target’s site, a brand like Sony or Samsung could run ads aimed at that user promoting their TVs—provided they are sold by Target.
But the ads don't have to pertain so closely to a specific product category. Adweek encountered a Subaru ad running on Target's DVD and Blu-ray players page; a peek at the page's site code revealed that the ad was sourced through PubMatic.
Target’s sales team works directly with media buyers and uses PubMatic’s real-time bidding platform to execute the buys, sources said.
While it’s not exactly a blockbuster program Target is running, it could be a solid side-business. If nothing else, it's another example of a highly trafficked, once ad-free Web property suddenly offering up its valuable real estate to brands (think eBay and Amazon).
One source pointed out that retailers generally operate on low-profit margins—in the 2 to 3 percent range—but harnessing a retailer’s audience and the corresponding first-party purchase intent data could sprout a business that accounts for 5 to 10 percent of overall company revenue and delivers a profit margin more like 35 percent. Target could bank even more money should it flow in its own customer data to aid the retargeting, though it is not currently doing so, per sources.
Jay Habegger, CEO of retail-retargeting firm OwnerIQ, told Adweek in October that advertisers’ spending on retail retargeting could balloon to the hundreds of millions of dollars in five years.


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Chairman of the Uzbek Tourism Development Committee, Anvar Sharapov held talks with representatives of the French Association Cluster Montagne.
The company delegation included the President of the House of Winter Olympic Games of Albertville and Adviser in Savoie department, Guy Sevessand, CEO of Geode, Frederick Gamarra, Director of Geode for international projects, Umberto Escudero. During the talks was also present the First Counsellor of the French Embassy in Uzbekistan, Miriam Galland and the Attaché for Economic Affairs, Kevin Besançon.
The Uzbek side briefed the guests on Uzbekistan’s tourism potential, historical and cultural heritage, the ongoing reforms and the tourism industry development strategy and the measures taken by the Government to improve the tourism infrastructure.
It was noted that Uzbekistan has great potential for the development of alternative types of tourism, including mountain tourism.
The delegation got acquainted with the tourist potential of Chimgan area and elaborated a general strategy for the tourism development around the Charvak dam lake and Chimgan mountains.
In particular, Mr. Gamarra noted the well-organized infrastructure, including, transport, hotels, and the main asset - the hospitality of Uzbek people. The mountains attract professionals and enthusiasts of outdoor activities such as hiking, mountain biking, paragliding in summer and skiing in winter, and the existing ropeway can provide year-round and multi-generational activities for local and foreign tourists.
French delegation underscored that the implementation of the proposed projects will bring rapid economic development to the region, will boost small business, create local jobs and shift Uzbekistan’s tourist brand from historical and cultural to outdoor activities and mountaineering.
F. Gamarra pointed to the need to consider the creation of a free economic (or tourist) zone to encourage investment in the tourism sector and boost the development of the region as a tourist destination.
In conclusion, the Chairman thanked the guests for their research to improve the ski tourism in the Chimgan mountains and expressed readiness to assist in the decision related to implementing of projects within the competence of the State Committee.


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The Android Market used to be a disaster for paid apps, at least compared to the heavy preponderance of paid apps on Apple’s App Store.
But Android is catching up as its marketplace matured in the past six months. That’s important for Google, maker of the Android operating system, because it means that its developers will be more successful selling apps. And having successful developers is critical for Google as it competes with Apple.
Paid apps are now 34 percent of all apps on the Android Market, compared to just 22 percent in August, according to the App Genome Project, a detailed study of more than 500,000 apps by mobile security startup Lookout Mobile Security.
During the same period, the proportion of paid apps in the Apple App Store went down from 70 percent to 66 percent. On Android, 99 cent apps have gone from 60 percent of the Android paid apps to 37 percent.
Many of the free apps can be monetized with ads. The AdMob software development kit is integrated into the most free apps on both the Android Market and the Apple App Store, accounting for 40 percent or more of all free apps in both stores. However, Apple’s in-house ad solution, iAds, saw its market share triple from August until now. During 2011, Lookout expects iAds to surpass AdMob among the free apps in the Apple App Store.
Kevin Mahaffey, co-founder and chief technology officer of Lookout in San Francisco, said in an interview that Android Market prices have shifted upward. More than 95 percent of the paid apps in the Android Market cost less than $10. But the number of apps priced more than 410 has significantly increased in the past six months.
About 73 percent of Android apps are priced at $2.99. In the Apple App Store, prices have pretty much remained steady.


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Google: Android eclipses half billion activated devices
Google has officially seen 500 million Android devices activated since the release of the G1 back in fall 2008. According to Google’s own Hugo Barra, the monumental figure was achieved yesterday, September 11, 2012. At a confirmed rate of 1.3 million devices per day, we figure it will be summer 2013 or earlier before we hit the 1 billion mark. Crazy, huh?
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2010 was definately the year of significant UI changes for Android. Dragging an arrow up to see your apps may seem fancy at the first glance, but after a year or so, you’ll probably want some more eye-candy, and so did Google.


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WINTERVILLE—For the second straight spring, the Pitt Community College Foundation is organizing the “Outdoor Living Tour & Auction,” an event that essentially combines three fundraisers into one, to generate revenue for student scholarships, programs and educational activities.
Set for April 30, from 10 a.m. to 4 p.m., the fundraiser will feature an outdoor living tour, plant sale and auction.
Tickets for the tour portion are $30 per person and are now available for purchase on the PCC Foundation website. Those who register must visit the PCC campus on the day of the fundraiser to receive a booklet with tour details. It will also serve as their admission ticket to each property.
Like the 2021 version of the “Outdoor Living Tour & Auction,” this year’s event will include an online auction. For those wanting to see the items up for bid in person, they will be on display outside of the PCC Greenhouse on the college’s main campus during the fundraiser.
Also taking place at the greenhouse will be the PCC Horticulture Technology Department’s spring plant sale, which will include perennials, annuals, vegetables and herbs in a variety of cell packs, hanging baskets, planters and pots. A portion of plant sale proceeds will be donated to the PCC Foundation.


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The Consortium for Common Food Names (CCFN), the U.S. Dairy Export Council (USDEC), National Milk Producers Federation, the American Farm Bureau Federation, the North America Meat Institute, the National Association of State Departments of Agriculture and the Wine Institute praised a bipartisan Senate letter sent July 30 to U.S. Trade Representative (USTR) Robert Lighthizer and U.S. Agriculture Secretary Sonny Perdue. The letter urges stronger international safeguards to protect U.S. exporters using common food and wine terms. Sens. John Thune (R-S.D.), Debbie Stabenow (D-Mich.), Thom Tillis (R-N.C.) and Tammy Baldwin (D-Wis.) led the effort, which resulted in support from a total of 61 Senators.
The letter requests that the U.S. government enhance common food name protections as a core policy objective in all trade-related discussions. This is a direct challenge to the European Union (EU) misuse of protections meant for valid geographical indications (GIs) to instead block American exports of common or generic food and wine terms such as Parmesan, feta, bologna or chateau, the groups said. These unjustified trade barriers harm American farmers, limit choices for consumers and put manufacturing jobs across an essential sector at risk.
Signers of the letter include several senators holding leadership positions on committees with jurisdiction over this issue, the groups said, notably the chairman and ranking member of the Senate Committee on Finance and the chairman and ranking member of the Senate Committee on Agriculture. In addition, the letter also includes the chairman of the Senate Committee on the Judiciary Subcommittee on Intellectual Property.
“The United States has been fighting the EU’s unfair GI trade policies with one hand tied behind its back while the EU has been battling with its full force,” said Jaime Castaneda, executive director of CCFN. “This unbalanced approach has helped the EU in its efforts to block U.S. exports of products using common food and wine terms, causing serious harm to America’s farmers, ranchers, food manufacturers and exporters. We applaud Senators Thune, Stabenow, Tillis and Baldwin for leading this effort to meet the EU’s efforts to block American exports with an equal force to promote fair trade and ensure the free flow of products using all tools available to the U.S. government,”
Tom Vilsack, president and CEO of USDEC, added: “We encourage USTR and USDA to immediately establish the explicit protection of common food names as a primary policy objective in all trade discussions. The overwhelming bipartisan support demonstrated by the U.S. Senate for this goal underscores the importance of breaking down these GI-related barriers and achieving greater export safeguards for U.S. cheeses and other common name products. By putting protections for common food and wine terms first, we will ensure that American-made products do not come in last.”


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Rockstar and Ukie have responded to a Taxwatch UK report that claims the Grand Theft Auto 5 developer received £37.6 million via the UK’s Video Game Tax Relief fund in a single year.
As reported by VG24/7, yesterday Taxwatch revealed that during the 2018/2019 financial year, Rockstar was granted the largest claim for relief ever made, accounting for 37 per cent of “all claims made by the UK video games industry in that year” and taking its total relief to £80m since the tax scheme was introduced.
It also means Rockstar has paid no Corporation Tax in the UK for the fourth consecutive year.
According to HMRC’s latest Creative Industries Statistics, over 1,000 claims have been made against VGTR since its introduction in 2014. UK trade body for the UK’s games and interactive entertainment industry, Ukie, stated 1,110 claims have received a total of £324m in tax relief to date, which has “supported £2.6bn investment in British content, highlighting the invaluable government and public support provided by the scheme”.
To qualify for relief, games must pass a British Film Institute cultural test in order to qualify for tax relief in the UK, but the tax tank maintains video games tax relief was designed to help smaller producers of “culturally British” games and believes it was not designed for the international market.
To establish a “significant contribution to British culture”, games must satisfy a number of criteria and are awarded points for elements such as British characters, or British settings. Despite being set in the fictional Los Santos, a city modelled on Los Angeles in California, for example, Grand Theft Auto V nonetheless qualified as a culturally British video game for this tax break in September 2015, reportedly after the game had already recorded more than £3bn in sales. The certification allegedly allowed the producers of the game “to claim tax relief on production costs”. When eligible, VGTR permits developers to claim back up to 20 per cent of production costs – or 25 per cent, if it’s a loss-making company.
In response to the report, Rockstar says these tax reliefs have allowed Rockstar to create over 1,000 jobs here in the UK.
“The UK’s program to support the growth of a broad range of creative industries through tax relief is a proven success,” began Rockstar’s statement. “The program has directly resulted in Rockstar Games significantly increasing its investment in the UK, creating well over 1,000 highly skilled and long term jobs across London, Lincoln, Yorkshire and Scotland.
“This investment and the success of British video games supported by the program not only significantly contributes to the economy, and to UK tax receipts, but also helps solidify the UK’s position at the forefront of video game development well into the future,” a Rockstar spokesperson added.
UK trade body organisation Ukie also responded with its own statement, insisting VGTR is a “forward-thinking policy” that “delivers a great return on investment for the taxpayer”.
“Video Game Tax Relief (VGTR) is a forward-thinking policy that shows the UK understands the significance of games as a leading creative industry. We know that VGTR delivers a great return on investment for the taxpayer. For every £1 invested into the games industry via VGTR, it pays back £4 in gross value add into the economy,” it reads.
“But even more importantly, VGTR directly supports 4,320 high productivity full-time jobs in game development roles – nearly a third of our entire development workforce – across the country.
“This helps businesses based everywhere from Dundee to Brighton to play on the global stage, while allowing local communities to benefit from great jobs fit for a digital age. The UK enjoys a global reputation for creative excellence in game development. Now is the time to continue to support an industry that drives inward investment, exports globally and provides a world-beating showcase of the skills the UK has to offer.”
“VGTR could be better, maybe a lower cap could be introduced so that the amounts paid to the very top tier are somewhat reduced,” wrote MCV/Develop’s own Seth Barton last year.
“Tax relief may not be perfect, but the halo effect of having creative businesses such as the games industry in the UK are huge. The fact that there are jobs in the industry on offer in the UK is a motivating factor for innumerable children learning technology skills,” he added.


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US real estate investment trust Taubman Centers is selling a 50 per cent stake in three shopping centres in China and Korea to funds managed by private equity giant Blackstone Group in a $480-million transaction.
Net cash proceeds to Taubman are expected to be about $315 million, after transaction costs and the allocation to Blackstone of its share of third-party debt. The transactions are expected to close this year.
Blackstone will be making the investment through its Core+ real estate investment unit, which targets substantially stabilised office, logistics, residential and retail assets in Asian geographies and global gateway cities. It also targets to have longer hold periods.
Upon completion of the transaction, Taubman will be responsible for the joint management of the three shopping centres. It will also retain a 17.15 per cent stake in South Korea-based Starfield Hanam, 25 per cent in CityOn.Xi’an and 24.5 per cent in CityOn.Zhengzhou. Both the China properties are mixed-use developments.
Starfield Hanam produced total sales in excess of $825 million in 2018, per a statement. Collectively, sales across the three shopping centres were up by double digits in 2018.
Robert S. Taubman, chairman, president and CEO of the real estate investor, said the sale was consistent with Taubman’s history of recycling capital for growth.
“In partnership with Wangfujing in China and Shinsegae in South Korea, Taubman has built an impressive platform of three world class and dominant shopping centres,” said Chris Heady, chairman of Asia Pacific and head of real estate Asia at Blackstone.
Taubman manages a portfolio of 26 regional, super-regional and outlet shopping centres in the US and Asia, and one under development. Its Asia business was established in 2005 and is headquartered in Hong Kong.


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Well, we almost forgot the name Coolpad. Do you remember the name Coolpad? If you don’t, no worries, it is back with another new device the Cool 6. The last time we saw the Coolpad Cool Play 6 in Nepal. After that, it seems like the company was no more. Since the Coolpad Cool 6 unveiled in Nepal, let’s see the specs, features, price, and availability.
However, this time the authorized distributor is a different, SD International Pvt. Ltd. The device is set to launch today, has been teasing the device for a few days, on their official Facebook page.
It’s a surprise to us that before today, we never heard about the Coolpad Play 6
According to the teaser, the device will have a 6.53-inch Full HD+ full-screen display, no camera cut, or a punch hole in the screen. It will come with a massive 4000mAh battery. Under the hood, there will be an Helio P70 12nm processor, which is a little setback. The processor is coupled with 6GB of RAM and 128GB of storage.
Talking about the cameras, it has a pop-up selfie camera, with a 21MP sensor. The main camera consists of a triple setup vertically aligned, with a 48MP sensor on the main camera, followed by 2MP and 2MP sensors. And the fingerprint sensor on the back.
However, it’s a surprise to us that before today, we never heard about the Coolpad Play 6. Last time the latest device from the Coolpad was Cool Play 6. After doing some research, it’s a new device that is yet to be launched in the international market too. Nevertheless, it good to see the Coolpad is back in the market and we wish all the best.


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» View How To Move Music To Sd Card On Galaxy Centura Page 4
View How To Move Music To Sd Card On Galaxy Centura Page 4
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The news about the release of Windows Phone 7.8 update for the Nokia Lumia line of smartphones from the old series yesterday NaviFirm seem right. Nokia Lumia 800 is the first smartphone that will get the updated Windows Phone 7.8 and will soon be followed [...]
Sony finally officially announced their latest generation console, the PlayStation 4, at an event in New York, USA, some time ago.
Here are some things You gamers need to know about the PS4.
PS4 using the x86 AMD 8-core CPU and GPU with [...]
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To promote Windows Phone 8, Microsoft took the actress Jessica Alba and singer Gwen Stefani as their commercials. The two celebrities have been selected for the top stars, their status was also a homemaker.
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Rumors that Samsung will release the Galaxy S4 Dual-SIM version became a reality.
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Compel Apple to admit mistakes.
The adage “already fallen, hit by the stairs anyway” seems to fit the subject at Apple in the case of the lawsuit in the UK. After the appeal was rejected British High Court, in London, the U.S. tech giant [...]
The device is also reinforced with a battery that can last 9 hours.
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A mysterious set of illnesses linked to jerky treats, many manufactured in China, have caused nearly 600 pet deaths since 2007
. Two of the treats implicated in the illnesses and recalled in January 2013, Waggin’ Train jerky treats
for dogs and Milo’s Kitchen Chicken Jerky Strips and Chicken Grillers Recipe Treats
for dogs, are coming back on the market.What exactly caused the illnesses, which have resulted in pancreatitis, kidney failure
, a rare kidney disorder called Fanconi syndrome, and gastrointestinal bleeding, remains a troubling mystery for the FDA, pet parents, and pet treat manufacturers.


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In case your underwear wasn’t imposing enough already, Microsoft is now working on a “smart bra” that can monitor your heart and skin to prevent overeating. Prototypes of the bras are embedded with sensors that seek out changes in the body’s stress levels and inform the bra’s wearer (How does it inform them exactly? Flashing…
Netflix confirmed today that “A Very Murray Christmas” will be streaming this December.
SPOILER ALERT: No matter what happens, WE ALL LOSE.


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The Project Icebreaker aims to test CBDC for international retail and remittance payments.
The Bank of International Settlements (BIS), an international financial institution that serves as a bank and forum for national central banks, has launched the Project Icebreaker in collaboration with the central banks of Israel, Norway, and Sweden.
According to the press release shared on the BIS website, Project Icebreaker will explore central bank digital currency (CBDC) use cases for “international retail and remittance payments.”
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The main goal of this project is to make CBDC cross-border payments more transparent, inclusive, faster, and cheaper.
Head of the BIS Innovation Hub Nordic Center Beju Shah added:
This first-of-a-kind experiment will dig deeper into the technology, architecture and design choices and trade-offs, and explore related policy questions. These learnings will be invaluable for central banks thinking about implementing CBDCs for cross-border payments.
The BIS Innovation Hub Nordic Center, together with the Bank of Israel, Central Bank of Norway, and Sveriges Riksbank, is planning to launch the unique “hub” for the Project Icebreaker. In the newly developed “hub,” central banks will “connect their domestic proof-of-concept CBDC systems,” which will be tested for the technological usefulness of interlinking different CBDC systems.
Moreover, the Project Icebreaker will test the process of making immediate cross-border payments and eliminate the need for several different banks to approve the transaction.
Upon the release of the Project Icebreaker, Deputy Governor of Bank of Israel Andrew Abir said:
Efficient and accessible cross border payments are of extreme importance for a small and open economy like Israel and this was identified as one of the main motivations for a potential issuance of a digital shekel. We are privileged to be exploring the topic in this project together with partners that have vast knowledge and experience on CBDCs as well as on cross-border payment policies.
The international financial institution notes that the project will be active until the end of the year, with the report published in the first quarter of 2023.
It is not the first time BIS has explored the CBDC possibilities for cross-border payments. On September 27th, BIS announced that it had successfully completed its first central bank digital currency (CBDC) pilot in collaboration with the central banks of Thailand, Hong Kong, China, and the United Arab Emirates (UAE).


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Selfies, applying lipstick and a cheeky wink: Made In Chelsea's Ashley James is a blonde bombshell as she models new Insterglam summer collection
- Presenter models Lipstick Boutique's new InsterGlam range
- Shows off the spring/summer 2015 collection, all priced at around £50
- The 30F star also starring in ads for bigger bra range for Tutti Rouge
She may have left Made In Chelsea in 2013 after a whirlwind two series, but that hasn't stopped hardworking Ashley James from launching a career in showbiz.
The 26-year-old model and TV presenter has just been unveiled as the face of Lipstick Boutique's new Insterglam summer collection - the latest string to Ashley's bow.
Ashley showcases the ranges colourful, printed bandeau, maxi and midi dresses, which cost around £50, as well as black and white lace jumpsuits.
Scroll down for video
Ashley James, who found fame on Made In Chelsea, is a blonde bombshell as she models Lipstick Boutique's new Insterglam clothing collection
The brand says the range is perfect for the girl about town with her finger on the pulse, just like Ashley, who is a main feature on the showbiz circuit.
Speaking about the latest campaign star, Lipstick Boutique, which also works with Jessica Wright and Rosie Fortescue, says Ashley personifies all that is Insterglam: a fun, fresh, exciting and effervescent range.
The 26-year-old model and TV presenter shows off the summery range of bandeau dresses
The brand say the range is perfect for the girl about town with her finger on the pulse, just like Ashley
Her latest modelling gig certainly isn't her only one; she's also back fronting a line of bras for women with bigger breasts.
The 30F-cup star is the face of Tutti Rouge for SS15 and AW15.
Ashley's modelling career was launched at the age of 17 after being scouted in a restaurant in Newcastle. She gave up modelling at 19 to focus on her studies, but took it up again at the age of 24.
The fledgling DJ is also a presenter on a series called Style Stars, which sees Ashley setting teenage girls a series of fashion challenges.
Ashley is also the showbiz presenter for Claire’s Accessories and has her own luxury postcode bangle company, Whistle & Bango, that she established with two friends in July 2013.
Ashley's modelling career was launched at the age of 17 after being scouted in a restaurant in Newcastle
The brand founders say that Ashley personifies all that is Insterglam: fun, fresh, exciting and effervescent
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Jennison/Saks10 Jan 2008
Jennison reports 10.9% passive holding in Saks
Jennison Associates, a subsidiary of Prudential Financial, reported a 10.9% passive stake in US luxury retailer Saks, which is in the midst of a turnaround.
Jennison Associates, which has about $85bn (â‚¬57.9bn) in assets under management, beneficially owns 15.5 million shares of Saks, a filing with the US Securities and Exchange Commission showed. Jennison is a long-time Saks shareholder.
Though Saks is not officially up for sale, it has recently attracted the interest of Icelandic retail behemoth Baugur Group and its billionaire chief executive. In October, Baugur said it held an 8.5% stake in Saks and would like to explore the possibility of acquiring Saks. It said it may make a joint bid with Dubai-based Landmark Group, which is owned by Indian retail billionaire Micky Jagtiani.


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You will be able to get your hands on the free Mutant Mudd Deluxe update on July 3rd in Europe and North America. The update provides gamers with a number of additional features including twenty new ghost levels, mid-level checkpoints, four hidden characters, plus some awesome new chiptune music tracks.
Renegade Kid founder Jools Watsham has revealed on Twitter that Mutant Mudds was originally meant to come to Xbox Live Arcade. Watsham says that as soon as the Nintendo 3DS was announced the company switched its focus to the Nintendo eShop.
Mutant Mudds was originally developed for Xbox Live. Then the 3DS was announced! Our focus quickly shifted to the Nintendo eShop.
Mutant Mudds developer Jools Watsham has revealed that Mutant Mudds Deluxe sold more on Wii U than Steam, PlayStation 3 and PlayStation Vita combined. However, Watsham says that Mutant Mudds has sold the most on the Nintendo 3DS.
Interesting tidbit. Mutant Mudds Deluxe has sold more on Wii U than the combined sales on Steam and PSV/PS3.
3DS is king. :)
Get your hands on detailed information about more than 640 Pokémon from the Pokémon video game series, comparison ranking tools, in-depth sorting, and more with Pokédex 3D Pro. Starting March 22, this application will be available for download in the Nintendo eShop on Nintendo 3DS at a special price of $9.99 for a limited time.
Mutant Mudds is a “12-bit” action platformer full of pixels and platforming fun! For a limited time, download this game from the Nintendo eShop at a discounted price of $5.99.
Renegade Kid has confirmed that its next game is called Treasurenauts – not to be confused with 5th Cell’s Scribblenauts. The developer, which created platformer Mutant Mudds and racing game ATV Wild Ride for the Nintendo 3DS, plans to formally announce the title soon. So far, we don’t know which platform(s) Treasurenauts will release on, but perhaps it will come to the Nintendo 3DS or Wii U. In addition to Treasurenauts, Renegade Kid is currently working on other games for Nintendo platforms – Mutant Mudds Deluxe and Mutant Mudds 2, both of which will launch in the Nintendo eShop.
Nintendo has announced that every week until the end of March, select games will be on sale for a limited time in the North American Nintendo eShop for Nintendo 3DS. The sequel to Pushmo, Crashmo, originally priced at $8.99, is this week’s sale and currently costs $5.99. Below is a list of which games will go on sale in the Nintendo eShop within the period, along with their discounted prices in parenthesis. Which game(s) do you plan on grabbing during the sale?
- February 28th – Fractured Soul ($7.99)
- March 7th – Sakura Samurai ($4.99)
- March 14th – Ketzal’s Corridors ($4.99)
- March 21st – Mutant Mudds ($5.99)
Jools Watsham, the developer behind Mutant Mudds and Dementium, has told the Gaming Pixel Show that his long-awaited Mutant Mudds Deluxe for Wii U has been delayed until Quarter 2 this year. However, Watsham stated that ATV Wild Ride for the Nintendo 3DS eShop will still be coming in March. Here’s what he said.
Yes, I expect March for ATV 3D. Mudds Deluxe will be Q2 unfortunately.
Mutant Mudds and Bomb Monkey developer Renegade Kid is working on a new first-person shooter, according to the first issue of Nintendo Force magazine. The game will be released in the Nintendo eShop on Nintendo 3DS holiday 2013. Renegade Kid is also working on a title for the Nintendo eShop on Wii U – Mutant Mudds Deluxe, which is an upgraded version of the original Mutant Mudds, features additional levels and new enemies.
Mutant Mudds developer Renegade Kid’s upcoming racing game, ATV Wild Ride 3D, features online multiplayer, online ranking and 3D visuals.
Although it will be a download-only title, Renegade Kid co-founder Jools Watsham says ATV Wild Ride 3D is a “retail-quality” game.
The game will be released in the Nintendo eShop on Nintendo 3DS.
What’s new in ATV Wild Ride 3D? What can you do on the 3DS that you couldn’t on the Nintendo DS with the previous ATV Wild Ride game?
One of the big new additions to ATV Wild Ride 3D is online multiplayer and on-line ranking; to determine who is the best Wild Rider in the world. Online racing without ranking seems a little empty, so we’re hoping the worldwide ranking provides a sense of competition that brings players back to the game.
On the cosmetic side, we have spent a lot of time and effort overhauling, well, pretty much everything really including, higher resolution textures, real-time lighting and shadows, specular highlights, mip-mapping, suspension physics, new engine sounds and higher quality audio across the board.
And, it is in 3D of course, which looks fantastic!
Developer Renegade Kidd’s co-founder, Jools Watsham, has confirmed, via Twitter, that there will be a sequel to Mutant Mudds.
The original Mutant Mudds hit the Nintendo eShop on Nintendo 3DS in 2012, and a Wii U version of the platformer, titled Mutant Mudds Deluxe, will launch in the Nintendo eShop on Wii U later this year.
There is a chance that the forthcoming Mutant Mudds 2 will be available in physical form, as Watsham sent out a tweet that read, “RT if you would buy a Mutant Mudds 1 & 2 combo pack on cartridge for 3DS! :),” which has so far received over 60 retweets on the social networking service.


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Momentum appears to be increases as more than 100 St. Louis businesses support “Save the Raise” campaign
ST. LOUIS, MO/August 7, 2017 (STL.News) St. Louis’ “Save The Raise” campaign appears to be gaining momentum.
The initiative was launched on July 14th and is aimed at persuading city business owners to maintain St. Louis’ wage hike of $10 per hour. Organizers held a news conference along Cherokee Street in south St. Louis on Monday, where it was announced that more than 100 city business owners have pledged to keep the minimum wage at that rate.
Jason Deem, owns several businesses along Cherokee Street, including “South Side Spaces”. He is among these business owners who are on board with this effort.
Deem is also calling on larger companies to follow suit.
“It’s unfortunate that us as small businesses are having to lead the charge, but we’ll take that burden and we’ll prove that it works and we’ll be that case study and I think that a lot of these businesses here on Cherokee Street will be that case study. We’ll prove to our elected officials that this does work.” said Deem.
“I treated the minimum wage increase just like the cost of a can of tomatoes going up for my restaurants,” said Casey Miller, co-owner of the Vista Room restaurant and two other businesses in the city. “The sky didn’t fall.”
St. Louis Alderwoman Kara Spencer of the 20th Ward spoke at the news conference. She said she isn’t surprised by the amount of support this initiative has received by city owned businesses.
Spencer also said this is something that should be happening statewide, “I cannot fathom why we are rolling back the wage. I mean why would we be doing this? This is something we passed locally. We should do this statewide. We should be raising the wage statewide, not rolling it back. This is ridiculous.”
In 2015, the St. Louis Board of Aldermen approved a minimum wage hike to $10 per hour, going up to $11 per hour in 2018. This was followed by a two-year legal ping pong game after a group of city business owners filed a lawsuit to block the minimum wage increase. The case ended up before the Missouri Supreme Court, which ruled in favor of the city in May.
The law immediately went into effect.
However, the wage hike is set to be rolled back on August 28th after the Missouri Legislature passed a bill that prohibits local governments from establishing their own minimum wage. The state’s minimum wage is set at $7.70 per hour.


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Remember that really good Divergent movie series? No, no you don’t. That’s because, for the most part, the cinematic adaptation of the famed YA novels has been pretty atrocious. And clearly we’re not alone in thinking that, for the majority of audiences have also seemingly agreed with us. As such, there’s a change ahead in where the movie franchise is heading.
Variety has word that the final entry in The Divergent Series, known as Ascendant, has actually been pulled from its planned cinema release. That film was initially set for a big screen release in June of next year, but instead it will now be a direct-to-TV movie. Following that, the franchise will spin off into a TV series of its own. Given the lacklustre box office reception and the big money that’s in TV right now, this actually seems like a sensible movie for Divergent.
It's not yet known whether stars such as Shailene Woodley, Theo James, Ansel Elgort and Miles Teller will be returning for this final movie. Lionsgate’s TV division will be handling the subsequent TV series, which is likely to focus on an entirely new bunch of characters. The final movie in the franchise would serve as a conclusion to the established characters’ arcs whilst also acting as a launching pad for some newcomers.
There’s no word yet on whether the Divergent TV series will find a home on regular TV or if it may join the many shows that are now turning up on streaming services such as Netflix and Amazon Prime.SHARE YOUR COMMENTS BELOW OR ON TWITTER @STARBURST_MAG
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- Toys R Us stores across the US will be closing this week as part of a liquidation process after filing for Chapter 11 bankruptcy protection last year.
- The company struggled to keep up with competitors and was burdened with over $5 billion worth of debt.
- Over its more than 60 years in business, Toys R Us gained lots of fans, many of whom are now mourning the death of the store and remembering their favorite childhood memories there.
As Toys R Us nears its end, fans of the store are lamenting its demise.
The retailer filed for Chapter 11 bankruptcy protection in September and officially filed for liquidation in March. As a result, more than 700 Toys R Us stores across the US will be closing for good this week.
Though many Toys R Us fans were aware of this, they're still heartbroken to see it go.
In 1948 in Washington, DC, Charles Lazarus opened a baby-furniture store that would become the first Toys R Us after expanding into toys in 1957.
In the 1990s, Toys R Us was the biggest toy seller in the US, expanding rapidly as it pushed out smaller chains. But by 1998, things had changed, and Walmart began selling more toys than Toys R Us in the US — a signal of more trouble ahead.
Take a look back at what Toys R Us was like in its heyday:
As Toys R Us prepares to close its doors for good, fans are lamenting the death of the chain and looking back on their favorite childhood memories.
This is what a store in New Jersey looked like in 1996.
It had everything a kid could want. This photo from 2001 shows the Imaginarium section of a New Jersey store.
It had seemingly endless aisles, lined with dolls ...
... toys ...
... and bikes. It was the perfect place to test them before buying.
Fans everywhere are mourning the end of Toys R Us.
Parents are having a hard time telling their kids that their favorite store is closing ...
... and teens are having a hard time letting go.
People of all ages are sad to see the store go.
Some referenced the memorable song heard in early Toys R Us commercials.
Others mentioned their favorite toys.
The end of Toys R Us has fans wishing it weren't true.
More on Toys R Us' demise:
- Here's why Toys R Us couldn't be saved
- Toys R Us will close or sell all of its US stores
- Toys R Us is closing all its US stores — and blowout clearance sales could begin within weeks
- Toys R Us gift cards will expire in 30 days
- These companies will be the biggest winners when Toys R Us closes its stores
- We visited one of the last Toys R Us stores to open — here's what it looked like
- Toys R Us says a 'perfect storm' killed the toy chain — and it blames Amazon, Walmart, and Target
- Babies R Us stores will close — here's what will happen to baby registries


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Not content to rest on its Windows Phone laurels, Nokia rolled out a new budget-minded Windows Phone handset, the Lumia 610, at Mobile World Congress today. At a press event, Microsoft rep announced that it has lowered the system hardware requirements for Windows Phone to allow just 256MB of RAM and slower processors so as to allow less-expensive handsets like the Lumia 610.
Designed for a younger audience, the Lumia 610 has a finely-beveled metallic edge and a great metallic white, cyan, or magenta casing (we particularly like the cyan). Nokia says that Windows Phone 7 features like the People hub and integrated Xbox games will appeal to younger audiences. A new app called Nokia Transport will allow users to plan a route using public transportation like subways or buses and pin those routes to the live tile.
The company hasn't released specs for the Lumia 610 yet, but we'll update this post when they become available. Rumors have pinned the screen at 3.2-inches and the camera at 3-MP. The phone will cost 189 Euros unsubsidized when it launches this spring. Undoubtedly that will add to up to a very low contract cost in the U.S., perhaps even free.
The company also announced Nokia Reading, a new software function for Lumia phones that provides localized book and magazine options, along with a Flipboard / Google Current-like feature that turns your news feeds into a rich, magazine-like experience. It's also providing an update to Nokia Drive that allows better route calculation.
As of today, a beta version of Skype will appear in the Windows Phone markeplace for all users, allowing them to make VoIP calls on their phones.
Users who've been pining away for the Lumia 900 in countries outside the U.S. won't have to wait much longer. Nokia CEO Elop announced that the Nokia Lumia 900 will launch on Rogers' LTE network in Canada. The company also announced the Lumia 900 will come to a number of other countries around the world that don't have LTE yet, but do have DC-HSPA+ networks for enhanced speed. A rep also said it is bringing Lumia phones to the Chinese market.


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Latest News on Unity Engine
Showing of 0 - 10 from 17 results
Unity Engine - Total results - 17
Sep 30, 2016
Unity game engine brings Vulkan support to Android, expect drastic improvement in performanceUnity, that popular, free, cross-platform game development engine has announced support for the Vulkan rendering API on Android and Linux. Windows support is coming soon.
Aug 21, 2014
Intel announces collaboration with Unity for bringing Android support to x86 devicesArray
Oct 15, 2013
Update to Unity engine brings support for joysticks on iOSOne of the newest features in the recently-released iOS 7 that game developers haven’t been taking advantage of so far is support for joysticks. It might
Aug 29, 2013
Facebook, Unity launch joint SDK bringing social features to Unity gamesFacebook and Unity have joined forces to create a cross-platform SDK for games based on the ever-popular Unity Engine...
Aug 02, 2013
BlackBerry encourages game development on BB10BlackBerry seems to want to bring a bigger focus on games in the BlackBerry 10 OS. In an interview with Polygon, team leader of BlackBerry's games
Jul 02, 2013
Xbox One may eventually get support for Windows 8 appsMicrosoft seems to have big plans for the Xbox One. According to The Verge, at the Build conference, Microsoft's Developer and Platform Evangelism
Jun 28, 2013
Unity Engine to support Xbox 360, Xbox One, Windows 8 and Windows Phone 8Microsoft and Unity have announced that the versatile Unity 3D game engine will be supported on the Xbox One, the Xbox 360, Windows 8 and Windows Phone 8. The
May 24, 2013
Unity Engine will support devices running on TizenThe folks behind the Unity engine – Unity Technologies – have announced that the engine will support the Linux-based open source smartphone
May 22, 2013
Unity Engine ditches licensing fees for Android and iOSThe Unity Engine is quite popular among indie game developers because of its ease of use, and now, the engine will be even more accessible...
Nov 19, 2012
Wii games can't be played on Wii U's touchscreen controllerNintendo is wooing customers all over with the recent launch of its next-generation console - the Nintendo Wii U. The console is not without its drawbacks...


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Asda calls for common sense after shopper spotted in pyjamas
PUBLISHED: 11:42 17 March 2020 | UPDATED: 15:35 17 March 2020
A supermarket has called for common sense during the coronavirus pandemic after a customer hit out at shoppers visiting the store in their pyjamas.
The woman, who wishes to remain anonymous, saw the pyjama-clad customer visiting Asda, in Lowestoft, on Monday.
A spokesperson for the store confirmed there is no rule banning customers from wearing pyjamas in store, although urged customers to “use common sense” at this time.
The woman said: “It wouldn’t put the rest of the community at ease to see someone walking around in their pyjamas and dressing gowns in the current climate with coronavirus.
“It is the first time I’ve really noticed it, but with what is happening at the moment, people are very anxious and that is filthy. We shouldn’t see people with their dressing gowns on.”
In a blog post, the company said they were following government advice surrounding the pandemic, saying: “We are recommending our customers and colleagues continue to thoroughly wash their hands on a regular basis.”
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We’ve launched a new, fully compostable customer bag. We know many of our stockists have been waiting for them to arrive! This is part of our continuing objective to reduce our plastic footprint which began over 25 years ago when we switched to a bio-degradable clear bag. The new compostable bags are not see-through (like […]
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The same London coffee shop that asked its customers not to "feed the crackies" and announced "no poor people" on its sign has come under fire once again. This time Brick Lane Coffee scrawled "Sorry, no Uggs (slag wellies)" across the chalkboard outside, prompting Twitter users to express disdain and ask for the words to be removed.
Lily Potkin tweeted: "I'd like you to explain to my kid what qualifies calling women slags. Then explain to yours. Then get in the bin."
Meanwhile, Caitlin Moran wrote: "So there's a shop in East London - @fuck0ffee - with this sign, insulting any woman pointing out how horrible it is".
However, the coffee shop in question has been unapologetic in their Twitter responses. Furthermore, in a statement, their spokeswoman said that they don't believe they've been "sexist" because "Uggs are unisex" and the "sign does not mention women" – though accusations of plain poor taste were not addressed.
They added: "All this kind of faux outrage does is give us further publicity." It would seem from recent photos that the sign has now been wiped clean.


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A survey because of the Public Lightweight, an arizona, D.C., nonprofit, unearthed that in several from Miami’s 14 internal-urban area communities, nontraditional loan providers, plus cash advance centers and you will pawnshops, was even more common and more accessible than banks and you will credit unions.
“Area of the cause: A financial could not sustain a visibility in this area,” said Carolina Valencia, new group’s movie director out-of lookup. “And several residents could not qualify for banking institutions attributes” in the event these people were readily available.
Although not, by fees and you can interest pay day lenders and you may relevant organizations charges, together mode paying a kind of poverty income tax, Valencia said.
For a few people, they are a genuine needs or more suitable than old-fashioned banking companies. Some immigrants will most likely not trust banks on account of monetary instability inside their property regions, she told you.
Into the Thompson’s case, pawning accessories became a necessity and payday loan
And you can nontraditional metropolises are clear what they fees, she told you. “It would be more what a lender charge, but there are no undetectable charges. For a person one existence into the a small funds it’s often a smaller-risky alternatives,” Valencia said. “The concept isn’t to finish these types of services. The theory would be to regulate him or her top and get a way to create a beneficial continuum out-of lending products so you’re able to serve every society requires.”
Fl has many of the most extremely stringent legislation in the united states governing cash advance, said Ian Good. MacKechnie, administrator vice president off Tampa-centered Amscot Monetary. The organization ‘s the prominent Fl-oriented payday loan organization.
The databases can be used to be sure no-one becomes more than you to definitely payday loan away from any lender simultaneously and have people from delivering another mortgage less than a day after paying off a classic one to
Fl law hats the amount of an online payday loan so you’re able to $five hundred and limitations this new charges in order to 10 % of one’s loan count — in addition to a confirmation payment all the way to $5. The newest verification payment is partially to purchase price of tape the transaction in a condition databases. (The state in fact charge $1 to statement the transaction, that is exactly what Amscot passes onto consumers.)
Elsewhere, the deficiency of such as for instance an air conditioning-out-of months function some people fall under significant obligations, quick, he told you. “They go from store to another and folks do avoid right up thousands of dollars with debt.”
Florida legislation and additionally claims the utmost age of financing is 31 weeks — assuming consumers usually do not pay the mortgage, the lender must let them have no less than other a couple months to settle they, rather than battery charging a lot more fees, once they head to borrowing guidance and place up a payment bundle and you will stick to it.
During the Classic Pawn & Jewellery when you look at the Fort Lauderdale, Brittany Thomas unfastened an effective ribbed gold anklet and you can place they to the the brand new prevent, together with a number of almost every other jewellery, a digital camera and you will mp3. She are wishing to pawn stuff for money.
“They might be picky,” told you Thomas, 20, who had been followed by their man Jacarry, step 3. Upcoming she closed the grip for her anklet — which was gold-plated, so it’s meaningless having scrapping — and you may moved away.
The new selectivity is on objective, said movie director Tom Staiger. The store are full of somebody trying pawn products, however, short towards people looking to purchase any kind of their expanding distinctive line of hosts, bicycles, observe, angling posts and you may flat-monitor Television.
“No an https://cashlandloans.net/payday-loans-wy/ individual’s to buy something,” the guy said, however, someone going to the store are looking to trade their content for the money to invest power bills, pick outfits having university and you can complete prescriptions.


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The Uttar Pradesh government has set a target of creating 40,000 jobs in the textile sector in the next financial year 2024-25.
To achieve this goal, the state has made adequate provisions in the UP Annual Budget 2024-25 to boost private investment and promote textile hubs.
A sum of Rs 400 crore is proposed to be spent for the uplift of handloom as well as powerloom weavers.
Additionally, Rs 400 crore is proposed for the PM Mega Integrated Textiles Region and Apparel Scheme, under which a 1000-acre mega textile park is coming on adjoining swathes of Lucknow and Hardoi districts.
The park is expected to attract an investment of Rs 10,000 to Rs 15,000 crore in the textile and garments segment, and creating approximately 300,000 direct and indirect jobs.
A budget of Rs 150 crore is proposed for the purchase of land for the establishment of the National Institute of Fashion Technology (NIFT) in Varanasi.
Moreover, the Yogi Adityanath government is initiating the ‘Mukhyamantri Yuva Udyami Vikas Abhiyan’ with a budget of Rs 1,000 crore to connect educated and skilled youth with self-employment.
At the same time, 10 Pledge Parks are being established in the private sector to encourage industrial establishments.
In addition, under the Mukhyamantri Sukshm Udyami Durghatna Bima Yojana (Micro Entrepreneur Accident Insurance Scheme), operational since 2023, there is a provision for financial assistance of up to a maximum of Rs 5 lakh to micro-entrepreneurs.


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Freight rates eases as transport operators pass on excise duty cut on fuel: Crisil
Crisil's pan-India freight index CRISFrex indicates that freight rates have dropped month-on-month with free cash flow or pre-equated monthly installment going back to April 2022 level, largely due to a drop in fuel prices, CRSIL said.
Mumbai: Freight rates across the country eased in June after transport operators passed on the benefits of excise duty cut on fuel even though various sectors saw a decline in fleet utilisation during the month, a Crisil report said on Thursday. Crisil's pan-India freight index CRISFrex indicates that freight rates have dropped month-on-month with free cash flow or pre-equated monthly installment going back to April 2022 level, largely due to a drop in fuel prices, CRSIL said.
CRISFrex captures the changes in freight rates on a sequential basis. Besides, it also tracks the Free Cash Flows (FCF) of transporters on an ongoing basis.
Higher FCF would typically support demand for commercial vehicles.
The transporters had in May partially passed on the benefit of lower fuel prices after finance minister Nirmala Sitharaman on May 21 announced a cut in excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6, helping the oil marketing companies lower the prices of the two automobile fuels.
Mining applications (largely coal) saw a flattish movement in freight rates over the past month, it said.
On the other hand, freight rates for agri products, container, cement, petroleum tankers, textiles and steel saw a mid-single-digit decline, as per Crisil.
"However, fleet utilisation also dropped (in June), which took place at a faster rate in agri products, auto carriers, FMCG/FMCD, petroleum tankers and textiles. The remaining segments such as market load, parcel/loose goods, mining (largely coal) and container saw slower decline in utilisation," Crisil said in the report.
After the Supreme Court had ordered to pay 9 per cent carrying charge (interest) along with the principal amount of coal payment, the state power companies paid Rs 10,286 crore, out of which Rs 4,811 crore was carrying charge. However, Adani Power claimed that as per the power purchase agreement, late payment surcharge is also to be paid and the condition of the agreement was being ignored.