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Nvidia Stock Drops Despite AI Chipmaker’s Big Beat-And-Raise Report. What Gives?
Nvidia (NVDA) stock fell Wednesday despite the artificial-intelligence chip leader trouncing third-quarter estimates and guiding higher than views for the current period. So, why are investors blowing raspberries instead of tossing flowers?
Wall Street analysts say Nvidia stock was priced for perfection and the company missed lofty “whisper numbers” with its outlook. That’s likely due to the loss of business to China because of recent U.S. trade restrictions covering advanced semiconductor technology.
On a conference call with analysts, Nvidia Chief Financial Officer Colette Kress said the export controls will have a “substantial” impact on the company’s sales in China.
“The export controls will have a negative effect on our China business, and we do not have good visibility into the magnitude of that impact even over the long term,” she said.
Guidance Short Of Whisper Numbers
Investors were focused on Nvidia’s revenue guidance for the January-ended quarter, Gene Munster, managing partner at Deepwater Asset Management, said in a video post.
“They did raise guidance by 11%,” Munster said. “However, there were whisper numbers that they were going to raise guidance by 15 to 20%.”
Nvidia stock notched a record high of 505.48 on Monday ahead of the company’s earnings news late Tuesday.
The Santa Clara, Calif.-based company earned an adjusted $4.02 a share on sales of $18.12 billion in the quarter ended Oct. 29. Analysts polled by FactSet had expected earnings of $3.37 a share on sales of $16.19 billion. On a year-over-year basis, Nvidia earnings rocketed 593%, while sales soared 206%.
For the current quarter, Nvidia forecast sales of $20 billion, up 231% from the prior year. Analysts had been modeling sales of $17.96 billion for the fiscal fourth quarter ending in January.
Data Center Business In Spotlight
In the third quarter, Nvidia’s data center sales jumped 279% from the year-earlier period to a record $14.51 billion. Data center sales increased 41% from the second quarter.
Analysts say the sustainability of Nvidia’s data center business growth is a key focus area.
Near-term demand for data center AI processors and related gear “remains strong,” Goldman Sachs analyst Toshiya Hari said in a client note. But that could change if cloud service providers “fail to monetize ongoing investments” in generative AI, he said. Hari rates Nvidia stock as a buy with a price target of 625.
Bernstein analyst Stacy Rasgon reiterated his outperform rating on NVDA stock and upped his price target to 700 from 675.
“Everyone knows that AI demand is strong, and hence the primary controversy on the stock has been the question of sustainability,” Rasgon said in a client note. “We doubt that question will find resolution at this point. However, numbers are going to continue marching materially higher for now.”
Nvidia Chief Executive Jensen Huang said he expects the company’s data center business to grow at least through calendar 2025.
Nvidia Stock Is On Three IBD Lists
Wedbush Securities analyst Matt Bryson kept his outperform rating on Nvidia stock with a price target of 600.
“We believe Nvidia is set up for at least another quarter or two of similar results as demand for GPUs (graphics processing units) continues to outpace supply,” Bryson said in a client note.


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At the heart of any logistics network, there’s always a considerable estate of busy warehouses. These vast buildings are usually in out of town industrial estates or close to the UK’s motorway network and are by no means desirable or attractive locations. But they are essential to the delivery sector. These facilities provide the necessary storage, picking and loading capacity for the fleets of vans and HGVs that feed the needs of the UK economy.
Additional to these remote locations, there is now a growing network of micro-warehousing in urban centres that have developed to service the last mile of the supply chain. However, none of these warehouse formats, on the face of it, would seem to be particularly attractive to overseas property investors.
That was until the last few years and developments in the UK consumer economy. Especially the boom in online retail and home deliveries. These trends are now putting UK warehousing on the agendas of property investors worldwide.
Trickle Down Investments
Traditionally foreign investment concentrated on London office complexes with guaranteed rents and strong capital growth. However, the massive increase in online shopping is driving the demand for all kinds of warehousing to service the supply chain. It’s little wonder these buildings have caught the eye of overseas equity firms keen to cash in on the growing profit potential of warehousing.
Andrew Bird, manager of UK investment firm Warehouse Reit, believes that a boom in the delivery sector combined with market lows for Sterling is attracting big overseas players into the tier one warehousing sector. Take, for example, US equity investor Blackstone’s £500m offer for UK industrial real estate firm Hansteen as an early indicator of overseas interest in UK warehousing.
Bird believes this activity will initially concentrate on the larger tier-one warehouses typically measuring in millions of square foot. From there, investors will start to look down the value chain at smaller facilities, including the new network of micro-warehouses.
Indeed this process is already underway. Recently, last-mile warehouse specialist Urban Logistics announced their plans to raise £100m to fund new purchases in this warehousing segment.
Warehouses, it seems, are not so unattractive after all.
Growth Is Assured
All forecasts show that the home delivery market is going to increase year on year. In 2019, UK online orders made up 19% of total sales and will hit 26% by 2023 with 28% sales predicted to be online during 2020.
And that’s based on forecasts made before the impact of Covid-19. As UK society self-isolates and we come to rely on the logistics sector for deliveries of food, medicines and household goods, the online economy will undoubtedly grow at a faster rate.
What impact the current crisis will have on overseas warehousing investments is difficult to say in the current climate. However, when the time’s right, those investors will enter the UK warehousing market and buy big.
Of that, you can be sure.
If you’d like to come along and see our market-leading our range of trucks or vans that can service your warehouse network, please contact the Truckcraft Bodies sales team on 0161 304 9404.
Published: Mar 30

domain: news


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In The News
March 1st, 2017
Elusive Numbers Surround Retail Apparel RFID
– Published Growth Numbers Conflict with Actual RFID Consumption.
SML RFID Pegs Apparel Market Penetration at 8 Percent –
Dallas, March 1, 2017 – Has RFID really conquered the retail apparel world? It depends on whom you ask. While RFID tag usage is growing by double digits annually, the numbers quoted about how many apparel and footwear retailers presently use RFID systems vary. Dramatically.
Statistics reported by retail reporters, academia, and retailers themselves range from 50 percent to 96 percent with provisos of those using the technology versus those who plan to, or are in the preliminary planning stages.
The reality? Actual deployed systems including tags, readers and the supporting software — where retailers are experiencing measurable results and ROI — realistically range from four percent to eight percent. This highlights that the market is just starting the rapid adoption cycle.
So, why is the gap so sizeable? (more…)
February 22nd, 2017
SML’s Dean Frew Talks Omnichannel Challenges in Retail Technology Review
Dean Frew, CTO & SVP RFID Solutions for SML RFID, recently published a piece in Retail Technology Review titled “How can retailers overcome the omnichannel challenges from 2016?” In the article, Dean explains how retailers are currently struggling to meet consumers’ increasing demand for seamless shopping across multiple devices at any time.
Combined with expectations of next-day delivery and same-day, in-store pickup after ordering online, retailers must be able to quickly adapt to the changing retail landscape and address the most significant ominchannel challenges – or risk getting left behind. Dean goes on to explain how item-level RFID is an essential catalyst for implementing omnichannel. Check out the full article here.
February 16th, 2017
Dean Frew Interviewed for RFID im Blick Magazine
SML’s CTO & SVP RFID Solutions, Dean Frew, was recently interviewed for German-based RFID and NFC magazine RFID im Blick. In the article, Dean discusses how SML provides easy-to-use RFID solutions, as well as a worldwide service network, to bring unprecedented efficiencies to the retail industry. He explains how SML’s Pop-Up Stores allow customers to demo SML’s technology and experience the potential ROI of a full-scale RFID deployment first-hand. The relationship between RFID and omnichannel is also discussed.
Elsewhere in the issue, SML’s new RFID Solution Innovation Center in Mettmann, Germany, is featured. To read Dean’s interview from the english version of RFID im Blick, please click on the image to the right:
January 13th, 2017
SML’s Dean Frew Interviewed for “RFID Trends” Feature
RFID Journal recently created a piece titled, “RFID Trends: What’s Ahead in 2017,” which features RFID experts discussing how the RFID industry will grow and change in 2017. Featured in the piece is SML’s CTO & SVP RFID Solutions, Dean Frew, who talks about how more and more retailers may begin tagging 100 percent of their products to make things more efficient this year. He also predicts a rising interest in the U.S., European and Asian apparel and footwear sectors, as well as an increased need for providers to focus on scalable solutions. Check out the article at RFID Journal, or click the images below to view the full PDF versions of Part 1 and Part 2: (more…)
December 2nd, 2016
Target’s RFID and Fulfillment Investments Lead to Massive Increase in Digital Sales
Originally posted on Retail Info Systems News:
Year over year, Target continues to surpass expectations and deliver quality experiences to its customers — 2016 has been no different. Although the third quarter saw a .2% decline in sales from last year, its comparable digital channel sales grew a whopping 26% over last year, proving its continued investment is paying off.
“We’ve been very committed to improving our digital engagement, and year-to-date we’re up over 20%,” said Brian Cornell, chairman and CEO, Target on a recent earnings call with analysts. “We saw a 26% growth in the third quarter, and the investments we’ve been making to improve functionality and ease online is certainly connecting with our guests.” (more…)
November 30th, 2016
How RFID Helps Herman Kay Serve Department Store Customers
Originally posted on Apparel Magazine:
Chances are you have a coat made by Herman Kay Company hanging in your closet. The designer and manufacturer, based in New York City, produces approximately 5.5 million outerwear garments annually for brands such as Anne Klein, BCBG, Diane von Furstenberg, London Fog and Michael Kors. These coats are supplied to major department stores, from Macy’s and Nordstrom to Lord & Taylor and Dillard’s.
As retailers began incorporating radio frequency identification(RFID) into their supply chains a couple years back, CIO/CTO Rich Haig says these partners requested that Herman Kay supply RFID hangtags on its outerwear. “From a customer service and marketing point of view, it was something we needed to do to support our customers,” he explains. (more…)
November 23rd, 2016
SML Group Plans Additional Solution Innovation Center and Pop-Ups to Fuel Growth
Originally posted on RFIDJournal.com.
The Hong Kong-based company is furthering its efforts to bring its technology to customers by way of innovation centers and pop-ups that help brands and retailers put the technology in their hands and strategize their own deployments.
Nov 22, 2016 — Retail and supply chain technology company SML plans to open its sixth RFID Solution Innovation Center in 2017, and to further its pop-up store deployments, as part of a companywide effort to get education about its RFID products and solutions into the hands of customers, wherever they may be. The firm opened a center in Texas in August of this year, followed by another in China in October, and a third this month in Germany. (more…)
November 22nd, 2016
Tesco Lists SML’s RFID Deployment as Factor in Increased Profitability
This week, major UK retailer Tesco revealed some details to investors about what strategies have helped them achieve growth and profitability, as well as the strategies they’ll continue to focus on in the coming year. One of the major factors listed by Tesco in their plan is SML’s deployment of RFID technology in their F&F clothing stores. According to the report, RFID has helped 54 stores in the UK get back in profit. In addition, back room stock has been reduced by 19% and stock availability has risen from 93% to 96% in the last two years, which is a major factor in Tesco’s increasing profitability. SML’s RFID technology has no doubt contributed to this increase in inventory control. (more…)
November 8th, 2016
Decathlon Expands RFID Program
Originally posted on Internet Retailing
Decathlon [IRDX RDEC] is expanding its RFID program as it works the tags into all of its products in order to manage inventory and to keep goods secure.
The sporting goods retailer, an Elite trader in IREU Top500 research, is continuing an existing supply program with SML Group in a new phase that will see it provide more than 200m labels to Decathlon’s network of vendors as the retailer works towards using the solution in all its products. (more…)
November 8th, 2016
SML Group Enables Large-Scale, Global RFID Deployment for French Retailer Decathlon
Originally posted on LogisticsBusinessIT.com
Leading RFID technology and solution provider SML Group has today announced the continuation of a successful, large-scale deployment of RFID tags for French retailer Decathlon, to provide more than 200 million labels per year to the retailer’s global network of vendors.
SML Group supplies RFID technology that includes stickers and labels sewn into garments during manufacturing. The RFID chip is programmed with an individual Electronic Product Code (EPC) number to match the unique product SKU. This item-level tracking has improved inventory management and ensured better availability of goods. The system has also been proven to reduce out-of-stocks and improve customer service. (more…)


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Jeff Xu's Golden Age Group has launched a $450 million apartment development above The Glen shopping centre in suburban Melbourne after securing the air rights from its owner, Vicinity Centres.
It is a unique project, the first time an air-rights transfer above a shopping mall has allowed a development of such scale, and reflective of a growing lean towards the Asian "apartments above mall" model. For Vicinity, the air rights deal at The Glen is part of a broader strategy to "unlock unrealised value" and generate greater returns from its real estate.
More commonly, a smaller retail component is included in a primarily residential project at the outset.
" At Golden Age, we are always looking for new ways to do things," Mr Xu said.
"We saw an opportunity to partner with Vicinity Centres and deliver a residential component to an existing shopping precinct in a way that's never been done before, making this project the first of its kind."
The three-tower, 555-apartment project that will straddle The Glen includes a 4000 square metre sky garden as part of the platform supporting the towers.
The Sky Garden project, as it will be known, is being delivered alongside Vicinity's own $460 million retail redevelopment, including 240 new shops and retailers.
A number of designers are working on Sky Garden: Rothelowman for the exteriors, interior design experts DKO Architecture and ASPECT Studios for the landscape design.
One-bedroom apartments will start at $480,000, with three-bedroom apartments rising to $1.1 million. Construction of the three towers is due to begin in 2019.
"We see Sky Garden as a perfect addition to our redevelopment of The Glen, further enhancing the primacy of the location and creating a strong foundation for a new community," said Carolyn Viney, Vicinity's executive general manager for development.
Mr Xu, a prominent developer in Melbourne and more recently Sydney, acquired the air rights for The Glen in Melbourne's south-east a year ago.
Among his other projects is an upmarket $600 million hotel and apartment complex on Melbourne's Spring Street, where Mr Xu has struck a partnership with powerful US investment platform Starwood Capital.
At the time of the deal last year, Vicinity's former chief executive, Angus McNaughton, said the group was carefully considering other such opportunities in its portfolio.
Mr McNaughton's successor, Grant Kelley, who most recently led Singapore's City Developments - the main listed company of the Kwek family's Hong Leong group, expanded on that theme when handing down his first set of results in February.
He noted there was a lot of land around many of Vicinity's shopping centres creating the potential to unlock unrealised value.
"A little bit of this comes from my own background, having worked in Asia, where space is very constrained," Mr Kelley said.
Sales growth in specialty stores in Asian malls were very strong for "the very simple reason that due to space constraint the original development application had a tremendous amount of mixed use baked in", he said.
"What we're talking about is not a paradigm shift for retail if you look at other parts of the world. It might be something that's relatively newer for Australia."
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Nikola Corporation NKLA is slated to release second-quarter 2020 results on Aug 8, after the closing bell. This will be the first time that the electric-truck startup will be reporting quarterly numbers as a public company. The Zacks Consensus Estimate for the quarter’s loss has remained stable over the past 30 days at 14 cents per share. The consensus mark for Nikola’s second-quarter revenues is pegged at $60,000.
Our proven model predicts an earnings beat for Nikola for the to-be-reported quarter, as it has the right combination of two key ingredients. A combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here.
Earnings ESP: Nikola has an Earnings ESP of +3.70%. This is because the Most Accurate Estimate of loss is pegged a penny below the Zacks Consensus Estimate.
Zacks Rank: It carries a Zacks Rank of 3 currently.
Factors at Play
Hydrogen truck maker Nikola got listed on Nasdaq after a reverse merger with VectoIQ on Jun 3. The company has had a volatile run on the bourses since its IPO. After witnessing meteoric gains amid optimism surrounding the company’s upcoming Badger truck and the general hype about electric vehicles, shares have been falling after the firm filed a prospectus outlining its intent to sell up to 23.9 million shares.
The company has been betting big on electric trucks. The upcoming Nikola Badger pickup truck will be available in BEV (battery-electric vehicle) with a range of up to 300 miles and FCET (fuel-cell electric vehicle) with 500-750 mile range. It should be noted that Nikola generated more than $10 billion in pre-order revenues. The company’s partnership with CNH Industrial CNHI is expected to have beneficial. Joining forces with CNH Industrial enabled Nikola to accelerate penetration into high-potential European markets and de-risk manufacturing execution.
While a lot has been working in favor of the company, soaring technology costs to develop such advanced vehicles are likely to have dented margins. Also, it is likely to have faced tough competition from other auto biggies.
Other Stocks to Consider
Nikola is not the only auto firm looking up this earnings season. Here are some other companies from the same space, which according to our model also have the right combination of elements to post an earnings beat in the to-be-reported quarter.
Carvana Co. CVNA has an Earnings ESP of +5.95% and carries a Zacks Rank #3 at present. The company is slated to release second-quarter 2020 earnings on Aug 5.
Adient plc ADNT has an Earnings ESP of +17.22% and carries a Zacks Rank #3 at present. The company is slated to release second-quarter 2020 earnings on Aug 6.
Breakout Biotech Stocks with Triple-Digit Profit Potential
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To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Ladies Day is now just over a week away and as well as finding the perfect dress for the occasion, Geordie lasses will be looking to put their best foot forward in a killer pair of shoes.
And one Newcastle department store are making sure you get the best pair possible for a day at Newcastle Racecourse by allowing customers to try before they buy.
Debenhams in Eldon Square is coming to the high heel rescue of local ladies as it launches a shoe testing grass paddock in its store from 11am - 4pm on Friday, July 17.
Racegoers will be able to ‘grass test’ their potential new footwear purchases ahead of the Collingwood Insurance Beeswing Ladies Day at the Racecourse on Saturday, July 25.
The races are the highlight of the summer social calendar, however it can mean a few tricky outfit decisions, one of the biggest being what shoes to wear.
Deputy store manager for Debenhams Newcastle, Fiona Harrison, says: “The annual races can cause some big shoe dilemmas for high heel loving women, for when they venture out from the stands and onto the concourse. There’s nothing worse than getting stuck in the mud or taking a tumble because the shoes you’re wearing aren’t grass friendly.
“We know a lot of ladies would rather not be parted from their heels, so hopefully our grass paddock will mean customers can find a pair of heels that they love, which are also suitable for the grass. “
In addition to the shoe testing paddock, Debenhams provides an occasion wear range catering to all shapes, sizes and tastes. To help them stand out from the crowd racegoers will find a huge selection of designer dresses, hats and fascinators from its Designers at Debenhams range from designers such as Julian Macdonald, Jasper Conran, Ben de Lisi and Jenny Packham- all at high street prices!
For anyone struggling for race outfit inspiration, in need of a little extra style advice or some tips on what dress suit their shape, they can book in with the store’s free Personal Shopper service where one of the expert team will help find them the perfect outfit.


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Wakefly honored with redesign award
on Friday,June 10,2011 15:06
Wakefly, a web development company and marketing firm based out of Massachusetts, was recently honored at the Summit Creative Awards competition.
The web developer was awarded the Bronze Award in redesign in the business to business product website category for revamping the Kewill website.
"We've won this award three years in a row and four years out of the last five," said Wakefly's Jon Baer "This year's entries came from over 20 countries, and each year the judging seems to get more difficult. The team here at Wakefly is thrilled to be recognized by this prestigious international web design competition."
The Summit Creative Awards, which recognizes creativity and innovations in companies' and organizations' work, has marked its 17th year with this ceremony.
Individuals interested in web design for their career have a good chance of snatching a job once they graduate from their design programs. According to the U.S. Bureau of Labor Statistics, employment in this field is expected to increase by 45 percent between 2008 and 2018.
- Alumni have appeared in reality competition shows such as Top Chef and Project Runway.
- Has a team of about 4,000 faculty members focused on helping students tap opportunities in a marketplace driven by ideas.
- Offers programs in design, media arts, fashion, and culinary.
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- Over 50 campus locations nationwide.
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Latest Articles & News
Kanye West to perform during Paris Fashion Week
It is no secret to many that music artist Kanye West is no stranger to fashion, and now he will be showing his new collection during Paris Fashion Week later this week, according to the Elle Magazine.
Second designer chosen for home decor competition
Teenlike.com, an ongoing online competition for young home decor designers, announced its second winner. Brandon Dover of Apply Valley, California, was this year's winner, as he created an abstract pen and inkwork design for a bedspread.


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Any organization can be targeted by a cyber attack in today’s world of widely used technology. The implementation of technology in a multitude of operations and industries has opened more doors than ever for cyber criminals to launch their malicious attacks. In a recent attack, a hacker was able to breach the Debenhams Flowers website, resulting in the theft of over 26,000 customer details.
What Was Impacted in the Breach
More specifically, the breach was of Ecomnova Ltd, a company that operates flower and gifting websites, including Debenhams Flowers. And Debenhams was quick to point the finger at the third party supplier of their website to attempt to absolve themselves of the blame. The customer details affected in the attack included names, addresses, and payment information. Upon being notified of the breach, Debenhams had immediately suspended the flowers website and began an investigation of the incident. According to the retailer, the attack had only impacted their flowers website and stressed that their main site was not affected. Though, they did also take their hamper, wine, and personalized gift sites down as a precaution.
Of course, the type of sensitive information stolen in the above attack has the potential to be used for several malicious activities, including financial fraud and identity theft. Debenhams has said that they are working with Ecomnova to contact the banks of those affected to have them cancel the affected cards and issue new ones to the customers.
How Debenhams Addressed the Attack
Aside from shutting down the website and beginning an investigation, Debenhams had also taken further steps to address the breach. They said in a statement, “Debenhams has taken immediate steps to minimize risk to customers affected and made contact with all those customers whose data has been accessed. We are working with Ecomnova and all relevant authorities to investigate this attack and apologize to all customers affected.” While it is good that Debenhams is taking further steps to mitigate the breach, their finger pointing at their third party supplier shows somewhat of a lack of responsibility. Realistically, an organization is responsible for ensuring the security of all vectors, platforms, and systems. When seeking to partner with or employ the services of a third party vendor, an organization should ensure to thoroughly vet and assess their cyber security. While the direct breach may have been of the third party vendor, Debenhams still has the responsibility to protect the information of their customers in all avenues.
The Necessity of Proper Cyber Security to Prevent Security Breaches
As mentioned above, there are more vectors than ever for cyber attackers to be able to breach systems and networks. Cyber security must be extremely formidable to ensure that these attacks are prevented. All components of an organization’s direct systems and those of third parties must be properly defended to prevent security breaches. A security breach can have much wider effects than just those of data and financial loss. It can also damage the trust of consumers, and the organization’s reputation. And these effects can be exacerbated when a breach is not handled extensively and definitively. The customers or clients need to be able to see that the organization is taking the necessary actions to protect their data in the event of future attempted attacks. Massive Alliance offers a wide array of services that can help to successfully prevent security breaches.


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The story of Tesla Inc.’s brush with bankruptcy in 2013 and its subsequent rescue efforts by Elon Musk is detailed in Ashlee Vance’s biography, “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future.” Musk nearly entered an agreement that could have altered the course of the automotive industry.
During this critical period, Tesla, known for its innovative electric vehicles, faced significant production issues, including cars riddled with bugs and a sharp decline in sales. The company introduced its Model S electric car in 2012, a vehicle that boasted features on par with luxury cars in the market but was criticized for lacking basic functionalities such as parking sensors or radar-assisted cruise control, which were expected in its price range. Issues such as door handles that wouldn’t extend and aesthetic flaws in materials further damaged the car’s reputation.
The challenges Tesla faced were exacerbated by a lack of transparency among its executives, which left Musk uninformed about the severity of the situation. Upon realizing the extent of the issues, Musk responded by firing senior executives, promoting more eager junior staff and bringing in Jerome Guile from Daimler to improve Tesla’s repair centers. Musk also redirected staff from various departments to focus on selling cars, highlighting the urgency of converting preorders into purchases to prevent the company’s failure.
With Tesla’s financial situation reaching a critical point, having only two weeks of operating cash left, Musk sought assistance from Google co-founder and friend at the time Larry Page. Musk proposed that Google purchase Tesla for $6 billion, with an additional $5 billion for factory expansions, under conditions that included Google not dismantling the company and Musk retaining leadership for eight years or until the production of a third-generation car. Page reportedly verbally agreed to the deal, according to the biography.
As negotiations with Google were underway, Tesla’s circumstances began to improve drastically. A surge in car sales and the resumption of production led to Tesla posting its first quarterly profit of $11 million. This financial turnaround, marked by a significant increase in share price, allowed Tesla to repay its loans and avert bankruptcy. Consequently, Musk ended the discussions with Google, and Tesla has since continued to grow, expanding into markets in Europe, the UK and Australia. Vance wrote, that Musk “no longer needed a savior.”
While Tesla narrowly escaped being acquired by Google, the tech giant continued to pursue its automotive ambitions, focusing on autonomous driving and robotics technologies and developing its pod-car prototype. This endeavor eventually evolved into Waymo, a distinct entity under the Alphabet Inc. umbrella.
The account of Tesla’s near acquisition by Google, as narrated in Vance’s biography, highlights the unpredictable nature of the tech and automotive industries and showcases the strategic decisions that have shaped Tesla’s path to becoming a key player in the field.
This article Elon Musk Almost Sold Tesla To Google for $11 Billion — But He Called The Deal Off When He ‘No Longer Needed A Savior’ After Sales Surged originally appeared on Benzinga.com


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Chris Bartlett, president of CCX Technologies, discusses his company’s wide range of cybersecurity and testing solutions for avionics OEMs, aircraft maintainers and military contractors. Based in Ottawa, Ontario, Canada, the company’s T-RX Avionics Radio and Pulse Tester family of products are stand-alone tablets that help maintainers and installers save time and effort. Get to know one of aviation’s technology experts in this episode of AEA Amplified.
Thom Duncan, president of Thom Duncan Avionics in Fayetteville, Tennessee, has been fixing electronics since childhood. Since opening a shop at the Fayetteville Municipal Airport in December 2018, he has led a rapidly growing business that specializes in avionics for single- and twin-engine aircraft. Get to know one of aviation’s technology experts in this episode of AEA Amplified.
John Uczekaj, president & CEO of Aspen Avionics, details the company’s agreement in principle to become a member of the AIRO Group of companies. What does Aspen’s move mean to general aviation and its customers around the world? Uczekaj answers that question and more in this episode of AEA Amplified.


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Holiday sales report shows boost in 2016January 13, 2017 Updated: January 13, 2017 1:51pm
NEW YORK (AP) — A stronger economy helped boost holiday sales both in stores and online this season, but department stores continued to struggle as habits shift.
AP: Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Dean Foods (NYSE:DF) in the recent years has struggled to grow its sales volume consistently because of decline in per capita milk consumption and intense competition. However, low dairy prices have helped the company to fuel its EPS growth despite sales volume pressures. In the upcoming quarters, the company's performance will come under pressure as DF is expected to experience increase in dairy costs and sales volume pressures due to sales losses to private label customers. Therefore, the company needs to act with a higher sense of urgency to create shareholders value. It should look to diversify its product portfolio by undertaking strategic acquisitions, which will not only support its sales volume but also strengthen its product portfolio. Moreover, it needs to focus more on productivity improvement, to expand margins and fuel EPS growth, which will augur well for its stock valuation.
Financial Performance and Catalysts
The company registered mixed financial performance for 2Q16. Earnings for the quarter came out to be $0.38, at the higher end of its guidance range of $0.32-$0.40 but missed the consensus estimate of $0.39. EPS for the recent second quarter grew by 15% YoY, due to low dairy prices; raw milk prices were down 15% YoY. DF's 2Q16 revenues of $1.849 billion surpassed the consensus estimate of $1.836 billion. Sales volumes for the quarter were down 3.2% YoY to 632 million gallons; the company has been facing challenges to grow its sales volumes due to intense competition and declining milk demand due to shift in consumer preferences towards flavored milk and other alternatives.
In the upcoming quarters, the company will continue to face sales volume pressures, and also expected increase in dairy costs will put pressure on its earnings growth. Intense competition in the industry has weighed on DF's sales, and recently Wal-Mart (NYSE:WMT)'s decision to start its milk processing facility resulted in a 100 million gallons milk contract loss at WMT. DF declining footprint in the industry and competitive retail environment will deteriorate its earnings power in the upcoming years. Also, there is a risk that DF might experience additional private label customer losses. Therefore, the company needs to focus more on building stronger relations with retailers to secure its volumes.
Also, the company needs to look to diversify its product portfolio, by adding product lines which are consistent with consumer demands; currently, almost three quarters of DF regular business is private label, where competition is very high. DF should also look for strategic acquisitions to diversify its portfolio and expand its market presence. To partially offset the 100 million gallons milk contract loss at Wal-Mart, DF signed a new contract, which along with Friendly's Ice Cream acquisition will add 300bps to sales volumes in the second half of 2016.
During the second quarter's earnings call, the company's management signaled that dairy prices are expected to increase in the 2H16, which I think will adversely affect its earnings. DF has historically been able to pass on dairy cost inflation quickly to customers, but I think now it would be difficult to pass on commodity cost inflation as the retail environment is becoming competitive. Also, the company's cheese and butter exports outside the U.S. will remain weak, as inventories are at a record level, and the U.S. prices are 90% more than international markets. The company's CEO, during the 2Q16 earnings call, said, '' With U.S. butter and cheese prices remaining significantly higher than international prices, we continue to see a steep decline in U.S. exports. Butter prices in the U.S. are 90% higher than its international counterpart. As a result, we're seeing inventory levels on both cheese and butter at record highs since 1993.''
The company should increase its focus on cost savings and margin expansion to support earnings growth. If the company increases its focus on cost savings, it will provide visibility for future earnings growth, which will enhance investors' confidence and positively affect the stock price. Also, as the competition in the private label market is becoming intense, DF should look to exit from loss-making private label milk contracts, which will result in margin expansion. Also, it should increase exposure to frozen brands, which generates operating margin of almost 15%, in contrast to its consolidated operating margin of approximately 5%.
As the industry environment stays challenging, the company should make correct strategic decisions to create shareholders value. In the near-term, the company will continue to face sales pressure, and expected increase in the dairy costs would weigh on its earnings growth. DF should seek to diversify its product portfolio and look for more strategic acquisitions. And it should work to increase its exposure to high-margin brands, which will bode well for its margins. Also, the company needs to increase its focus on cost savings to expand margins, which will offer EPS growth visibility, and will augur well for the stock valuation.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


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The ceremony was reportedly held Saturday. It has also been reported that some 600 guests attended the ceremony which was held at Arlington Hall. One celebrity known in attendance was R & B singer Ashanti, according to reports.
Dallas media have been reporting on the wedding, saying that the couple welcomed a large number of out of town guests by giving them a lavish gift bag. The gift bag was reportedly put together by famous celebrity party planner Todd Fiscus of Todd Events. The gift bag was custom made with the couple’s initials and a bunch of interesting luxury items such as a Neiman-Marcus gift card, gourmet cookies, a small bottle of champagne, chocolate, beauty products and gourmet popcorn.
The couple were seen together, initially, back in 2009. Romo is reported to have proposed to the former Miss Missouri in December of 2010. It was reportedly on Candice’s 24th birthday.
Romo’s dating life has been a major source of interest to much of the world beyond sports since he famously dated the singer Jessica Simpson for almost two years. That relationship ended in 2009 right before Jessica’s 29th birthday. He has also dated Carrie Underwood and the actress Sophia Bush.
Crawford originally gained notoriety during her beauty pageant days, when she became the Miss Missouri USA back in 2008. She now works for a newspaper in Texas and as a television co-host of a show called “The RC Project” which follows fashion trends.


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When Sony Corp started developing its next games console, it couldn’t have known that the release would coincide with the worst viral pandemic in a century. And if executives had, they would have struggled to understand the implications.
But Covid-19 is here now, and the PlayStation 5 isn’t. Yet.
Sony reiterated a previous timeline Aug 4 for releasing the newest version of its popular games machine by the holiday season – which generally means the December Christmas period. That's none too soon, because the current model needs replacing to capitalise on a time of extraordinary demand.
Since the start of the crisis in February, the Japanese company and rival Nintendo Co have learned that people being cooped up at home is good for the games business. Nintendo’s Switch, a hybrid handheld-console released in 2017, has done so well that the company sold out. The firm reports earnings later this week.
Revenue from Sony’s game and networking services division climbed 32% in the June quarter from a year earlier, making it the largest contributor to growth for the period, according to the company’s earnings announcement. The unit’s operating income jumped 68%, accounting for more than half the corporate total.
More importantly for the long-term future of the business, subscribers to the PlayStation Plus service climbed 24% to 45 million – an indication that Sony can expect an even steadier stream of monthly revenue from loyal customers.
Sure, that sounds obvious now, but with the global economy plummeting and tens of millions of people losing their jobs, it would have been reasonable to assume that purses would be tightened and gaming would be lower on the shopping list.
Other parts of Sony have suffered: Music, pictures, electronics, and sensors all declined for the period. Its financial-services division is the only other to post growth.
What’s more, Sony is expecting negligible sales expansion overall for the full year and a 27% drop in operating profit. Games and financials are the only bright spots. It could take up to three years for Sony’s motion-picture division to recover, the company said.
As a result, Sony’s major hope for the year rests on a division whose most-anticipated product hasn’t even gone into production. Nor has the release date been finalised. And yet, the PS5 could be the greatest beneficiary from this prolonged global lockdown, as long as it can get to market on time.
For Sony executives and shareholders eagerly awaiting a Santa treat, Christmas just can’t come soon enough.
This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News. – Bloomberg
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Facebook famously took on a new corporate moniker several weeks ago.
Although the new name could serve as a distraction from its litany of scandals, Meta primarily sought to highlight the company’s vision of a “metaverse.”
Meta officials envision a future online landscape that blends the real world with virtual and augmented reality technologies.
The company this week added to its arsenal of VR/AR tech, detailing a new prototype haptic feedback glove.
But the glove prototype is already running into a problem: a Seattle startup company claims it already invented it.
TechCrunch reports that VR startup HaptX said the Meta glove was “substantively identical” to its own patented technology.
HaptX’s CEO, moreover, noted that the company had previously demonstrated its technology to numerous Facebook engineers and executives.
He said he looked forward to working toward a “fair and equitable” solution. Meta reportedly declined to comment.


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Cities bring markets to needy
By Charisse Jones, USA TODAY
The opening of a new grocery store might not seem cause for celebration in some neighborhoods. But in Yorktown, a pocket of north Philadelphia that has gone without a supermarket for eight years, a new store will be a gift.
"Some say I won't believe it until I see it," says longtime resident Marie Smith, 73, who is awaiting the market that is scheduled to open next fall. "We need it really desperately."
Local officials and nutrition advocates in cities from Boston to Oakland are pushing to bring full-service grocery stores to poorer neighborhoods, increasing residents' access to healthful food and creating an economic anchor for struggling communities.
"A lot of issues caused supermarkets to close down and not want to come back," says Pennsylvania state Rep. Jake Wheatley, a Democrat from Pittsburgh. "But now people have seen the need. ... It's an economic and health issue."
Among the initiatives:
• Pennsylvania has given $6.2 million since March 2004 to help supermarkets open in urban and rural neighborhoods that need them.
• Boston has spent more than $17 million since 1999 to help develop supermarkets, including the first in 25 years to open in the working-class community of Grove Hall.
• A citizens' group in western Oakland is trying to open a grocery store that would be owned by its employees.
• Five full-service grocery stores have opened in the past two years in Baltimore, where city officials began recruiting grocers in 2002.
"There's emerging evidence that when people live in neighborhoods with supermarkets, their diets are healthier," says Hannah Burton of The Food Trust, a Philadelphia-based nutrition advocacy group that is a partner in Pennsylvania's effort. "So there's interest in lowering obesity and diet-related diseases like cancer and heart disease ... by increasing access to affordable and nutritious food."
A national problem
The dearth of full-scale groceries in poorer areas is a national problem, nutrition advocates say. One 10-square-mile, low-income section of Chicago's South Side has no large grocery stores, according to a study in October by the Metro Chicago Information Center.
Traveling long distances for fresh groceries unavailable at a corner store is hard for the elderly and poor, who often need public transportation, says Mari Gallagher, the study's author.
"If you're an older person who needs lactose-reduced milk, it's not good enough to go to the gas station and buy whole milk," Gallagher says. "If you're a child and need a certain diet ... you're not going to find that at the liquor store, which has cigarettes and soups but not the fruits and vegetables you need."
Many grocery chains followed residents who fled cities for the suburbs in the 1950s and 1960s. Some companies were reluctant to return to cities because of the expense and scarcity of land and worries about crime and job-training costs.
"They're tough areas to deal with," says Eddie Trujillo, president of Supreme Food Market, which specializes in opening supermarkets in working-class black and Latino communities.
A suburban grocery store might fill 45,000 square feet, offering room for more products, but a crowded urban neighborhood might offer 25,000 square feet or less, whittling away profit. As grocery stores have spread in the suburbs, however, chains have begun to see new possibilities in cities.
"In order to continue to grow your business, you have to find someplace else where competition may not be quite as steep," says Todd Turner of the Food Marketing Institute, the primary trade association for the supermarket industry.
Baltimore launched its supermarket initiative in 2002 by targeting lower-level chains. Now, upscale, full-service stores want to locate in areas they had previously ignored, says William Beckford of the city's economic development agency.
"Their median income might be $15,000 a year, but there's twice as many people," Beckford says of residents in some urban neighborhoods. "A lot of them don't have the transportation. .. so it makes sense to bring (stores) to them."
Appeal to grocery chains
Pennsylvania Gov. Edward Rendell has reached out to supermarket chains. State grants and loans help supermarket owners offset the sometimes higher costs of doing business in the city. Of seven stores that received funding, five opened in Philadelphia, Pittsburgh and Eddystone, Burton says.
A local supermarket also can provide jobs and be a magnet for other businesses.
"It definitely helps to spur neighborhood economic opportunity," says state Rep. Dwight Evans, a Philadelphia Democrat and a leader of the Pennsylvania initiative, which will create more than 800 jobs.
The Fresh Grocer supermarket in Yorktown will provide more than 230 jobs and be open 24 hours a day.
"Whereas a neighborhood might have been a little depressed, a little scary at night ... most of our stores are open 24 hours a day," says Pat Burns, president of The Fresh Grocer, an independent chain that is building the market. "It becomes a safe haven for someone to go to."
Marie Smith, who drives 15 blocks to purchase fresh meats and vegetables, says not having a grocery store nearby is a hardship.
"It has definitely affected our health," she says. Before, "I could walk around the corner and get my spinach, whereas today I can't. I know that our eating patterns then were much better."
When her husband became ill in June, she blamed the processed food they often ate. "I said, 'Wait a minute. We just have to get in the car and make a trip to the market.' "
While Yorktown awaits its new store, the waiting is over in Spring Garden, a working-class enclave in Pittsburgh.
"We were looking hard for an operator and decided to become an operator ourselves," says Jeff Dzamko, president of the neighborhood subsidiary that owns the Spring Garden Valley Shop and Save, which opened in September.
Residents who had to take at least two buses to buy groceries now can buy fresh food near their doorsteps.
"There's been a dramatic change in the atmosphere in the community," says Robert Herbert, 66, who has lived in the neighborhood for nearly 50 years. "Being retired, I get to see a lot of the neighbors here. It's really like an old-fashioned community store."


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Universal Partnership & Licensing’s franchise-based business model is driving big returns for the company, both in brand loyalty and revenue.
Parham Santana recently secured a new deal with Euro Ceramica to bring Turner Classic Movies to the table.
Crayola has tapped Zalemark to create a new jewelry line that reflects the image and colorful personality of its brand.
The kids' world Kuboo.com is bringing the classic character Popeye to its online experience in a new deal with Hearst's King Features.
Sesame Workshop and ToyTalk have signed a two-year research partnership agreement to explore ways to advance literacy learning among preschool-aged children.
China-based Guangdong Alpha Animation and Culture Company, a developer of animation and toys, has created a North American division–Auldey Toys North America.
The International Licensing Industry Merchandisers' Association is now accepting nominations for the LIMA Licensing Industry Hall of Fame.
Sears Holdings has entered into lease agreements with European fashion retailer Primark for seven standalone stores in the U.S.
U.S. clothing brand Lotty Dotty has signed on to create a a new apparel range for the entertainment brand Talking Tom and Friends, in a deal brokered by Bulldog Licensing.
New York City-based licensing and branding agency The Wildflower Group has signed a new partner for fishing brand Rapala.
All American Licensing & Management Group has signed on to represent furniture lifestyle brand Postobello.
Mercis bv, 6Sales and Big Tent Entertainment have tapped The Orchard to distribute the new, full-length feature film Miffy The Movie.
SEGA of America has launched the return of Sonic the Hedgehog in the new video game “Sonic Lost World.”
Disney Consumer Products has stocked up on all the necessities for the Nov. 27 premiere of Walt Disney Animation Studios film Frozen.
Rudolph the Red-Nosed Reindeer has added another new licensee as it gears up for the 50th anniversary in 2014.
Sony Computer Entertainment launched the PlayStation4 in the U.S. and Canada Friday.
Sanrio and jewelry designer Onch Movement are launching a new collaboration today featuring Hello Kitty.
Her Universe is planning a series of five top secret t-shirts to celebrate the 50th anniversary of “Doctor Who.”
The Chrysler Group’s Ram Truck brand has teamed up with National Geographic for a photography book.
CafePress has launched the official online store for Cartoon Network’s animated series “Annoying Orange.”
Topps has released a line of its Qubi stamp collectibles featuring Activision’s Skylanders Swap Force in North America.
©2014 ADVANSTAR COMMUNICATIONS INC. All rights reserved.


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Samsung has officially announced their newest flagship devices:
- Samsung Galaxy S20
- Samsung Galaxy S20+
- Samsung Galaxy S20 Ultra
All three of these devices are 5G-compatible, meaning you’ll have the ability to access to your carrier’s high-speed 5G network. Here’s everything you need to know about Samsung’s latest and greatest devices, including our take on whether it’s worth buying a Galaxy S20 or not.
In this article:
- Preorder Dates & Pricing
- Samsung Galaxy S20 Specs Compared
- Where to Preorder
- Samsung Galaxy S20 & S20+ Features
- Samsung Galaxy S20 Ultra Features
- Let’s Talk Take: Is It Worth It?
Preorder Dates & Pricing
Samsung Galaxy S20 preorders begin on Friday, February 21, 2020, with phones to be shipped on Friday, March 6, 2020. You can buy one of these top-tier devices directly through Samsung or via several phone carriers, including AT&T, T-Mobile, Sprint, and Verizon.
How much does the Samsung Galaxy S20 cost?
- Samsung Galaxy S20 (128GB): $999.99
- Samsung Galaxy S20+ (128GB): $1,199.99
- Samsung Galaxy S20+ (512GB): $1,349.99
- Samsung Galaxy S20 Ultra (128GB): $1,399.99
- Samsung Galaxy S20 Ultra (512GB): $1,599.99
Samsung Galaxy S20 Specs Compared
|Samsung Galaxy S20||Samsung Galaxy S20+||Samsung Galaxy S20 Ultra|
|Colors||Cosmic Gray, Cloud Blue, Cloud Pink||Cosmic Gray, Cosmic Black, Cloud Blue||Cosmic Gray, Cosmic Black|
|Storage||128GB||128GB, 512GB||128GB, 512GB|
|Operating System||Android 10||Android 10||Android 10|
|Outright pricing (128GB)||$999.99||$1,199.99||$1,399.99|
Where Can You Preorder Samsung Galaxy S20?
As of February 12, 2020, you can’t officially preorder the Samsung Galaxy S20 but you can reserve one with Samsung. Preorders begin February 21, and while not all carrier preorder information is currently available, we will keep you updated.
Verizon Samsung Galaxy S20 Plans
As of now, the only information Verizon has released is that Samsung Galaxy S20 preorders begin February 21. We will keep you updated when we learn more.
Verizon S20+ Plans
Verizon S20 Ultra Plans
T-Mobile Samsung Galaxy S20 Plans
T-Mobile customers can preorder a new Samsung Galaxy S20 starting on February 21 at 12:01 a.m. EST and they can purchase in stores on March 6. T-Mobile’s 24-month installment pricing includes:
- S20: starting at $41.67/month
- S20+: starting at $50/month
- S20 Ultra: starting at $58.24/month
T-Mobile S20 Plans
T-Mobile S20+ Plans
T-Mobile S20 Ultra Plans
AT&T Samsung Galaxy S20 Plans
You can preorder a Samsung Galaxy S20 via AT&T on February 21, or in-store on March 6. AT&T’s 30-month installment pricing includes:
- S20: starting at $33.34/month
- S20+: starting at $40/month
- S20 Ultra: starting at $46.67/month
AT&T S20 Plans
AT&T S20+ Plans
AT&T S20 Ultra Plans
Sprint Samsung Galaxy S20 Plans
Sprint’s website specifies that preorders begin February 21, but they haven’t announced any pricing information yet. We will update you as soon as they release more relevant information.
Sprint S20 Plans
Sprint S20+ Plans
Sprint S20 Ultra Plans
Samsung Galaxy S20 & S20+ Features
These dazzling new Samsung devices have plenty of new features that will make your head spin. Whether you’re a photographer or avid social media poster, the S20 and S20+ cameras are bound to impress. New and updated features include:
- 64MP high resolution telephoto camera
- 30x Space Zoom, allowing you to zoom in without sacrificing image quality
- 12MP wide-angle and ultra-wide-angle cameras
- 10MP selfie camera
- DepthVision lens (S20+)
- 8K video
- Pull 33K stills from your 8K videos
- Single Take AI technology allows you to capture up to 10 seconds of action in a variety of still and video formats with just one tap
Samsung Galaxy S20 Ultra Features
The Samsung Galaxy S20 Ultra, which is one of the sleekest, most advanced smartphones on the market, is essentially the Samsung Galaxy S20+ on steroids. Just when you thought a phone couldn’t get more advanced, Samsung went and made it happen. New and updated features include:
- 108MP high resolution wide-angle camera
- 100x Space Zoom, allowing you to zoom closer than you ever thought possible
- 12MP ultra-wide angle
- DepthVision lens
- 40MP selfie camera
- 8K video
- Pull 33K stills from your 8K videos
- Single Take AI technology
Let’s Talk Take: Is It Worth It?
The Samsung Galaxy S20 is a sleek, sophisticated smartphone with an impressive camera and excellent performance. It features many important improvements from the Samsung Galaxy S10 series, but is it worth it to upgrade? The short answer: maybe.
The name of the game for the S20 series is high-tech cameras. Priced at $999, the Samsung Galaxy S20 includes an advanced triple-camera system, improved battery life, and a faster processor than its predecessors. The S20+ ups the ante with a fourth camera—the DepthVision lens, and starts at $1,199.99. And the S20 Ultra, which starts at $1,399.99, is an absolute powerhouse of a smartphone, with a quad-camera system that will absolutely wow you.
When it comes to deciding whether you should dish out some serious cash for one of these phones, it comes down to your priorities. Photographers and avid social media users may find these new devices irresistible, while other Samsung fans may want to grab the older S10 devices. Samsung announced a permanent price decrease for the S10 series—S10e costs $599, S10 costs $749, and S10+ costs $849.


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Telegraph.co.uk to introduce metered pay strategy for overseas users
Telegraph Media Group (TMG), publisher of the Daily Telegraph, is to begin charging international customers to access Telegraph.co.uk.
The metered paywall strategy is being introduced today and is similar to that of the New York Times and The Wall Street Journal.
International readers will now be limited to 20 free articles per month before they are charged. TMG is introducing two subscription packages.
For £1.99, international users can access Telegraph.co.uk and its mobile offering. For £9.99, users can subscribe to the full digital package, which includes access to The Daily Telegraph and Sunday Telegraph.
TMG stated it had no plans to introduce the any payment system to its UK users. TMG has more than 50 million visitors to its website a month, and more than two thirds come from overseas.
Telegraph.co.uk is the third most visited UK national newspaper website, behind guardian.co.uk and market leading Mail Online, according to Audit Bureau of Circulations (ABCs) figures.
Edward Roussel, executive director, digital at TMG, said: "There is a growing global demand for first-class journalism. The Telegraph already has a strong subscriber base of loyal readers in the UK. Our subscription model is now being extended globally."
The move by TMG has been nearly two years in development. Media Week sister title Marketing magazine revealed in February 2011 that TMG was mulling introducing a metered website.Follow @johnreynolds10
This article was first published on mediaweek.co.uk
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The one thing to know about Brian Eddy is that he never turns away a person who wants to work.
Eddy is general manager, business development and marketing for Olean, N.Y.-based The Rehabilitation Center, a nonprofit organization that hires individuals with disabilities—many of a profound nature—to work in its various divisions. Perhaps the most visible of its operations is SubCon Industries, which delivers forward and reverse logistics services for large third-party providers (3PLs) that would rather offload the overflow work than do it themselves.
SubCon, based just south of Buffalo and the Canadian border, employs more than 200 people. For some of them, the division may be their only viable option for employment, Eddy said, adding that while the general unemployment rate hovers around 9 percent, the unemployment rate among disabled persons is about 75 percent.
Formed nearly 50 years ago to provide so-called forward logistics solutions, SubCon in 2005 expanded into the reverse logistics segment. Though forward logistics accounts for about 80 percent of SubCon's business mix, the reverse logistics business is growing at about 100 percent a year and will likely surpass the division's traditional forward logistics operations within the next few years, Eddy said.
SubCon didn't enter the reverse logistics business just because it was a high-demand segment of the market that many Tier I 3PLs did not want to play in, Eddy said. It expanded because reverse logistics is considered a labor-intensive discipline and it fit with the unit's mandate to employ any disabled person who wants to work.
"Our management likes the number of jobs it has created and its huge upside potential," Eddy said. "And this is our main goal, maximizing job creation for more folks."
Connecting the disabled with supply chain opportunities is not a new concept. The most well-known example was the 2007 launch by drugstore giant Walgreen Co. to employ people with disabilities at its newly opened distribution center in Anderson, S.C. Today, workers with disabilities make up 40 percent of the workforce at that location, according to the company. Walgreen is so pleased with the results that it has expanded the program to other facilities, most recently at its new DC in Connecticut.
Walgreen and SubCon share the same core mission and values in helping the disabled find work. However, as a publicly traded entity tasked with making a profit for its shareholders, Walgreen must also examine whether the workers are delivering dollars-and-cents value for the company's investment, Eddy said. As a unit of a non-profit organization, SubCon isn't subject to that imperative.
Eddy could not comment in detail on its relationships with 3PLs, saying that myriad nondisclosure agreements with those companies prevent him from doing so. He said that the division would like to work more directly with shippers, but isn't sure how to go about reshaping its existing business model to do so. "We don't know how to reach out to these folks, but I suspect we could bring a lot of value to the table," he said.
Eddy said SubCon's value proposition, which is to offer the services of loyal, hard-working employees who are versatile enough to perform any number of needed tasks at a reasonable cost, will become more relevant in a tough economy as companies look to reduce costs and optimize their networks. They'll also put pressure on their Tier I providers to do the same.
"This is the perfect time for them to explore the many benefits and the value that nonprofit providers can bring to the table," he said.
But for all the value it may bring to shippers and 3PLs, SubCon understands that its reward comes in providing a paycheck and a purpose to those who might otherwise have neither.
As SubCon states in its brochure, helping workers with disabilities find meaningful employment is "the right thing to do." Eddy adds, "It's nice to see all the smiles each payday."
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Nikola Motor Co. and parts supply company Bosch will jointly develop powertrain systems for the Nikola One and Nikola Two, hydrogen-electric Class 8 semi-trucks scheduled to reach the market by 2021, the companies announced Tuesday.
Separately, Nikola confirmed that the trucking startup completed a $110 million funding round in late June to bring its total to $900 million.
Under the powertrain agreement, Bosch will supply Nikola with its eAxle technology that houses the motor, transmission and power electronics in one compact unit. Each truck will feature two eAxles to provide up to 1,200 miles of range.
Bosch will also provide Nikola with other electric vehicle motors and technology and the two companies will work together on the vehicle controls and a custom-designed fuel cell system.
The partnership with Bosch sheds light on how Nikola plans to back up its claims of providing zero emissions trucks with 1,000 horsepower and 2,000 pound-feet of torque.
“We have been aggressively pursuing our goal of bringing the most advanced semi-truck ever built to market,” said Trevor Milton, founder and chief executive of Nikola. “Bosch has empowered us to come to market quickly with automotive grade hardware and software so our vision can become a reality.”
Nikola will begin to face increasing competition. Toyota Motor Co. launched a pilot program to test a hydrogen fuel cell truck at the Port of Los Angeles this summer, and investors are optimistic about Tesla as the company prepares to announce details for its electric heavy-duty truck in October.
Nikola is contracting truck components company Fitzgerald Gliders to build the first 5,000 production models of both the Nikola One sleeper and Nikola Two day cab by 2021.
The company will include autonomous features in the trucks such as steering to allow for driverless operation. It will plans to build more than 300 hydrogen fueling stations across the country and provide free refueling to its customers for the first one million miles.
Bosch unveiled the eAxle unit earlier this year as a scalable and modular platform designed to fit a wide variety of electric vehicles, providing between 50 and 300 kilowatts of output. Nikola said its version will have an output of 372 kilowatts.
The companies will also work together to develop the overall electrical system for the vehicle and conduct testing using simulation technology from start to finish along the development cycle.
“Together with Nikola we are pushing ourselves to realize new levels of technological achievement and market penetration,” said Markus Heyn, a member of Bosch’s board of management.


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Mobile games are the fastest-growing part of the digital marketplace, according to research firm App Annie.
This week, the mobile games market was worth $1.1 billion, which is up nearly 22% from last year.
Mobile games are a new way for businesses to compete in an ever-changing marketplace.
According to App Annie, “The mobile gaming market is expected to grow from $1 billion in 2016 to $2.5 billion in 2020.”
Mobile games aren’t limited to the big companies, either.
“A wide variety of mobile and PC-based companies have launched games in the mobile space over the last five years,” App Annie writes.
Zynga: Zyngas popular multiplayer mobile game, The Hunting Dogs, is a popular game with more than 60 million players.2.
Apple: App Annie estimates that Apple’s popular App Store had more than 10 million games in 2016, and that App Store revenue will increase to $5.7 billion by 2020.3.
Amazon: App-store revenue will reach $3.5 million by 2020, App Annie says.4.
Nintendo: Nintendo’s popular Super Mario Bros. series was one of the most successful games on the App Store in 2016.5.
Amazon and Google Play: The companies say that they plan to add more than 100 new games to the Appstore in 2020, which will make it one of “the fastest-spreading categories.”
App Annie is also tracking the growth of other mobile gaming platforms, like gaming-only mobile games and mobile-focused games, which are not part of a game.
“With so many players competing in so many different game genres, it’s no wonder that there’s so much room for growth,” App- Annie writes of the “games and apps” category.
The study also found that mobile games are also becoming more popular.
According the research firm, mobile games had more sales revenue in 2016 than desktop and laptop games combined.
App Annie also notes that mobile apps are now valued at nearly $300 billion.
“Mobile gaming is on track to outsell desktop and laptops by 2020,” App Announcers Michael Fagan and John Leggett wrote in the report.
“Mobile game revenue is expected grow at a compound annual growth rate (CAGR) of 9% to 12% from 2016 to 2020.”


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- The FPC for #1CWRS 13.5 yesterday was $7.06/bu, Since the FPC appears to be the best deal right now, let’s go with that as the best option for wheat right now.
- On FPC’s the CWB will make an incremental payment for deliveries later in the crop year, supposedly reflecting the time value of money. According to the CWB website, if you lock in today’s FPC and don’t deliver until April, you will be paid an additional 1.8 cents/bu, for a total of $7.078/bu.
- Spot delivery $11.44/bu
- April delivery $12.06/bu
- By selling today for April delivery, you'll get paid an additional $0.62/bu over today’s spot price.
CGC Grain Statistics Weekly
The Western Producer
Bunge, Fort Saskatchewan
CWB FPC Price Schedule


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Sep 30, 2012 2:30am EDT
for a special interview oracle cofounder and ceo and the third richest american larry elliston will be our special guest. keep it here where wall street meets main street. have a great week, everybody. i will see you next weekend.
Sep 30, 2012 7:30pm EDT
, a special interview, oracle co-founder, ceo and third richest american, larry ellison will be our special guest. each week keep it here where wall street meets main street. have a great week, everybody. i'll see you again next week. ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services.
Sep 30, 2012 7:00am EDT
me for a special intervi oracle cofounder and ceo and the third richest american larry elliston will be our special guest. keep it here where wall street meets main street. have a great week, everybody. i will see you next weekend. this country was built by working people. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference.
Oct 2, 2012 4:00am EDT
1.2%. >>> speaking to maria bartiromo, oracle says customers are starting to spend more of their i.t. budget. >> there isn't a customer we don't have who is on an austerity plan and innovation agenda at the same time. people are trying to save money at the same time to free them up to be able to invest. >> don't forget tune into u.s. closing bell later today as maria sits down with larry ellison for an exclusive interview at 4:00 p.m. eastern. we'll take a short break. still to come on this morning's "worldwide exchange," we'll be in madrid, the latest unemployment data put further pressure on the spanish government to ask for a bailout. today from around the world. the bailout rumor mill working overtime for spain. the country sees unemployment rise again in september. banks a wait an eu report which is expected to recommend splitting retail and investment banking. and jpmorgan is hit by a lawsuit over bear stearns mortgage securities. the bank says it will contest the charges. spain saw more jobs lost in september as the crisis and austerity measures continue to weigh on the labo
Sep 28, 2012 3:00pm EDT
at some qualcomm, microsoft. you could nibble at some oracle. >> but you're only nibbling. >> i would buy more aggressively apple here. this is what happens every time apple comes out with a new product. there's overdemand. there was a riot last week. everybody is down on the maps with apple. apple -- >> you think that's all noise? >> the lines -- go up town and look at the lines for this new apple iphone 5. we're still believers in apple. i think you could take some -- you start to spoon some technology stocks on to your plate here. >> what about financials, steve? i mean, s&p capital iq is expecting financials to see a real bounce back in the fourth quarter. very strong. almost 6% earnings growth. they're saying lbo activity was stronger. you're talking about mortgage-backed securities. that's going to be stronger. would you buy the financials or have we seen the move in that group? >> you know, we've had a great run in the big banks. we've owned them. we're sticking with them. where the real opportunity now is, you know, you got cap one financial, a cheat stock, good business model. bi


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Dominate International Growth
How does a company that has dominated international growth in other countries approach its go-to-market strategy in the United States? What barriers will they encounter, and what type of partnerships will it take to succeed?
Solinftec, a digital agriculture technology company, has captured the market in its home continent of South America. Recognized as a global AgTech innovation leader, Solinftec was founded in 2007 and served as the pioneer in data telemetry, specifically for the sugar cane fields in Brazil. Solinftec works directly with farmer customers, and its current technology covers 60% of sugar cane acres. The company has expanded their reach to include soybean, corn and cotton fields, and its solutions are being used in over 10 countries worldwide.
With a heavy investment in artificial intelligence, Solinftec unveiled a first of its kind artificial intelligence assistant last year—meet ALICE. ALICE is specifically designed to work with producers to integrate and process data from machinery, people, climate and relevant external inputs.
As Solinftec establishes a presence in the U.S. with a headquarters in the Purdue University Research Park, how will they carve their path forward? A go-to-market strategy could take several different directions. Join Dr. Luciano Castro, Solinftec CEO Daniel Padrao and other company representatives as they engage participants of the Purdue Food and Agribusiness Summit through a case study on growing and advancing solutions in the U.S. ag-tech space.
Looking back on her career thus far, Michelle Klieger, a 2015 MS-MBA alumna, views her MS-MBA degrees similarly to the art of tying shoes or braiding hair. Her degrees have served as a common thread, weaving their way into forming her career and helping her achieve her goals in many ways.
It was clear before and even more so now after the events of the last 12+ months — data-driven decision making is crucial for companies aiming to remain profitable and competitive in today’s markets. However, beyond simply basing decision making on data, companies must take this a step further and fully embrace the concept of competitive intelligence to truly be successful. In the food and agribusiness industry, we are no exception to this rule.
We watched as 2020 unleashed volatility on our food and agribusiness supply chains. In the fresh produce supply chain, disruptions impacted the seed industry, growers, shippers, wholesalers and retailers. While consumer behaviors and preferences also shifted during this time, shoppers continued to place importance on choosing grocery stores based on the availability of fresh foods — especially high-quality fruits and vegetables.


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Amazon Looking to Turn Every Store Into Its Showroom
Best Buy is often mentioned in connection with the term "Amazon’s showroom." But if Jeff Bezos and company have their way, the description will fit just about every brick and mortar store that opens its doors for business.
The company announced yesterday that its mobile Price Check app is available as a free download from the Amazon Appstore, Android Market and App Store for iPhone. Consumers who use the app while shopping in stores on December 10 will get an additional five percent off qualifying purchases from Amazon in categories including consumer electronics, DVDs, music, sporting goods and toys.
"The ability to check prices on your mobile phone when you’re in a physical retail store is changing the way people shop," said Sam Hall, director of Amazon Mobile, in a press release. "Price transparency means that you can save money on the products you want and that’s a great thing for customers. Price Check in-store deals are another incentive to shop smart this holiday season."
The Price Check app allows consumers to check prices in a variety of ways including using a mobile phone to scan a barcode, take a photo of a product, type a product name or do a verbal search.
Discussion Questions: Do you see a sizable number of shoppers making use of Amazon’s Price Check app while in other retailers’ stores? What can stores do to combat Amazon’s strategy and other comparison shopping apps?


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Sales remained flat during the Onam period. “This time, sales were up 10 percent which is good,” he said, adding that he is seeing positive growth in the double-digit space. The manner in which the industry is building on dealerships is anticipation of far higher growth, he said.
The bigger picture for the company is exports. On the exports front, I have a better picture, not a nice one, he said, adding that from October last year, exports took a downturn. In the first half of last year, the two-wheeler company did 1 million vehicle sales. In that sense from October the base effect will catch on, and exports will look like it will be good, he said.
He also highlighted how there have been ups and downs in several markets.
“The biggest issue for us is Nigeria, where were doing 40,000 motorocyles a month and now we are down to 15,000.” He said it was hard to predict what might happen.
In the foreseeable future, on the other hand, the company has had a good run in the domestic market. “We picked up 5-6 percent share in a year. We had good launches during October and November. As a result of these launches, our domestic motorcycle launches will move up by 40,000 vehicles a month.”
The short story is Nigeria is not coming back in a hurry, he said. “Exports will not hit 160-170,000 for the next six months at least,” he said.
Transcript to follow…


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By the end of 2016, the demand for authentic Hawai‘i-style poké was at high tide across the country—and Seattle was no exception.
In an effort to share a genuine taste of Hawai‘i, one family decided to use their own seafood business to spread the “ohana” spirit with the Seattle community.
“Ohana” means “family” in Hawaiian, and Bayley Le of GoPoké said one of the main focuses of their business is to make sure their customers feel like they are part of a family when they visit.
“How would you treat friends and family who come to your house? You eat,” Le said. “Like, you don’t care if they’ve already had dinner. Everyone’s hugging and spreading a lot of affection. And we see the customers the same way. Like family.”
GoPoké is the newest shop to serve poké in Seattle. Situated on the corner of Maynard Avenue and S King Street, GoPoké is in the heart of the Chinatown International District.
Aside from the fresh ahi, salmon, and tako poké bowls topped with an assortment of island favorites, GoPoké also offers desserts including shaved ice and Dole Whip, a pineapple soft serve topped with li hing mui, a salty dried plum powder.
While customers are often seen lining up to the entrance, day and night, Le said it was difficult to get the business up and running. GoPoké had to flip what had been an old corner-store mini-mart into the bright, welcoming place it is today.
“The first challenge was [thinking] what if people don’t believe in us or if people don’t like our food?” Le said. “People don’t see the fights. With a mini-mart that was two-years vacant, there was much work to be done.”
However, the influence behind GoPoké stretches years before Le and his family came to the continental United States. Shop owners Bayley, Michael, and Trinh Le come from a family of seven. Their father emigrated from Vietnam and was attracted to Hawai‘i due to the large Vietnamese fishing community there. Their father would go fishing for weeks at a time and when he brought the fish back to shore, it was the rest of the family’s responsibility to sell the fish at markets, auctions, and by going door-to-door.
When their mother learned how to make poké, Le and his brothers would sell poké door-to-door during weekends and after school as well.
“That’s all we did. Our car smelled like fish, our shirts smelled like fish. We wanted to get out of that and we hated it, [because] as 10- and 12-year-old kids, we wanted to play,” Le said. “We were so passionate about it that we hated it.”
For a family of seven kids whose life mostly revolved around selling seafood, they never thought that one day they would open their own poké shop in Seattle. They were on welfare and they received secondhand clothes and belongings from churches. At the time, selling fish was a means of survival.
“You know when your parents struggle and they think the most important thing for the kids is money? We started thinking when we’d have money we could buy our own stuff instead of begging for stuff and getting free stuff from people,” Le said. “Now that we’re older, we see that money doesn’t buy all that.”
Le and his siblings made it their goal to get good grades in school and go to college to rise from the harsh circumstances they were in during their childhood.
“My mom and my dad didn’t have money, but they did all they could to keep us together,” Le said. “At the end of the day, you could be a millionaire with money, or be the most wealthy and the most rich with all the love you have, like when people come say, ‘Hi,’ to you every day.”
Now, GoPoké is their way of not only reaching out to the community, but also strengthening the bonds within their own family.
“For those who miss home, or for those who have been to Hawai‘i but it’s hard to go back, you go to these spots because it’s nostalgic,” Le said. “That’s the thing about GoPoké is that we grew as a family through that business, and we stay as a family through that business.”
After almost two months of fighting to acquire the vacant space across from Hing Hay Park, six months of construction, and a little help from their wives for the interior design, GoPoké opened its doors on December 4 of last year. Their grand opening included Hawaiian and Tahitian dancers, lei-making, and music provided by a live DJ. One of their long-term goals is to host an annual community block party in Hing Hay Park with similar Polynesian-inspired performances and activities for everyone to enjoy.
“This business is a total front for us to go out there and just loving everyone and being friends with everyone,” Le said. “This is an excuse for us to invite people to come over to our house and eat.”


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[London, ON]— GoodLife Fitness will open a 26,000 sq. ft. Club in Brandon, Manitoba located in Shoppers Mall on 18th Street in early in 2017.
The co-ed facility will be GoodLife’s first location in Brandon and the 8th club in Manitoba.
“We are so excited to be joining the community of Brandon, Manitoba,” says David ’Patch’ Patchell- Evans, Founder and CEO of GoodLife Fitness. “Brandon is a growing city that has a passion for physical activity. We are looking forward to helping residents achieve their health and fitness goals and live their version of ‘the GoodLife"’.
“Shoppers Mall welcomes GoodLife Fitness to our centre,” said General Manager, Kim James. “The co-ed Club will offer the community a modern, first class facility with amenities that support an active lifestyle. It will provide our customers with an enhanced one-stop location for retail and services."
GoodLife Fitness features caring and experienced fitness professionals including: educated and certified personal trainers, MYBootcamp coaches and passionate and certified group fitness instructors. GoodLife also features the world’s leading group fitness classes like Les Mills and Jillian Michaels BODYSHRED'", group cycling, and virtual fitness classes. GoodLife also gives members access to industry-leading strength training and cardio equipment and more.
Amenities for the Club are currently being finalized. Residents are encouraged to keep an eye on www.eoodlifefitness.com/upcoming-locacions for the latest updates about this location.
GoodLife is expected to employ approximately 40 employees from the community for this location. Anyone interested in working in a fun, no-judgment atmosphere at GoodLife Fitness are encouraged to go to iobs.eoodlifefitness.com and apply for a position to join the GoodLife Fitness team.
About GoodLife Fitness
Proudly Canadian since 1979, GoodLife Fitness is the largest fitness company in Canada and the fourth largest in the world. With over 365 clubs from coast-to-coast, including 70 Energie Cardio and EconoFitness Clubs in Quebec, approximately 14,400 employees and more than 1.25 million Members, GoodLife is helping to transform the health and wellness of one in 34 Canadians every day. www.eoodlifefitness.com


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Published on the 24/02/2017 | Written by Hayden McCall
Zoomdata among new arrivals looking to disrupt established players…
Big data must rate as one of the most hyped technology revolutions, right up there with the cloud.
But while cloud computing has become mainstream, customer experience and return on big-data-dollar spent have delivered mixed results. In essence, the underlying technology and the skills base of the people running it have struggled to keep up with business expectations.
Or, as Gartner put it upon release of its Magic Quadrant for Business Intelligence and Analytics Platforms: “The business intelligence and analytics platform market’s shift from IT-led reporting to modern business-led analytics is now mainstream. Data and analytics leaders face countless choices: from traditional BI vendors that have closed feature gaps and innovated, to disruptors continuing to execute.”
In the A/NZ region, projects have remained tech-heavy inside IT departments, and self-service aspirations have been elusive for business users. At the same time, massive growth in data volumes from telemetry systems installed across billions of devices and applications have weighed down those ambitious enough to try to include them.
While the carrot remains dangling enticingly in the future, the data cart is approaching a crossroads as serious computing horsepower and increasingly sophisticated solutions come to market.
So the attention on vendor movements and arrivals on Gartner’s quadrant are closely watched, as companies seek solutions to gain competitive advantage.
Among the new breed of vendors is a first-time entrant to the Magic Quadrant, Zoomdata. A former ‘cool vendor’, Zoomdata now features as a Gartner ‘visionary’ on the back of an architecture that dispenses with traditional data warehousing and data modelling, instead directly streaming micro queries across self-discovered data to an app on the user’s device of choice.
“To be recognised by Gartner, first as a cool vendor last year and now in the Magic Quadrant as a visionary, is a high honour indeed,” said Justin Langseth, founder and CEO in a statement from the San Mateo headquartered vendor. “The days of the monolithic Business Intelligence model are gone. Customers want end-user ease of use, embeddable in their own applications, with fast access to big and real-time data.”
To seasoned big data technologists the problems are recognised, but similar promises from vendors such as Zoomdata are viewed with scepticism. Indeed, Gartner analysts agree – rating the young vendor about as low as it goes on the ‘ability to execute’ scale. Runs on the board will be an important measure for the vendor if it is to improve this rating in 2018. This will, no doubt, be helped by a recent US$24m funding injection led by client-cum-investor Goldman Sachs, and recent announcements of expansion into the APAC and Japan region.
In response to sceptics, Zoomdata states that it is an open platform natively architected for both cloud and on-premise deployments, with a design that can deliver visual analysis of huge datasets in seconds. Its patented ‘data sharpening’ technology delivers “the industry’s fastest visual analytics for real-time streaming and historical data.” This is made possible through the use of micro-services using Apache Spark as a complementary high performance engine. The vendor says its ‘Fusion’ product enables users to perform analytics across disparate data sources in a single view – without the need to move or transform data.
Zoomdata (APJ) will work through offices in Tokyo, Singapore and Sydney and deliver projects through partners such as Cloudera, MapR and CBIG Consulting targeting verticals such as finance, government, manufacturing and telecommunications. Cameron Price is APAC managing partner at CBIG, one of the largest specialist big data analytics consultancies in the region. “We have already seen the value the product brings in client engagements.” Price participated alongside Zoomdata at this week’s Gartner Data & Analytics event in Sydney.
John Goode, MD of Zoomdata (APJ) noted, “Gartner estimates that the Asia Pacific business intelligence market will grow from US$2.5B in 2016 to more than US$4B in 2020. That growth will help us expand the footprint of Zoomdata in this region.”
Readers are invited to download a complimentary copy of Gartner’s Magic Quadrant for Business Intelligence and Analytics Platforms – compliments of Zoomdata (registration required).
Acknowledgement: The author was a guest of Zoomdata at the Gartner Sydney data and analytics event.


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MEXICO CITY (Nov. 1)—Mexican attorneys suing Bridgestone/Firestone Inc. for 32 deaths allegedly caused by Firestone tire failures said they are adding General Motors Corp. vehicles to the lawsuits. Originally the suits involved only Firestone tires on Ford Explorers, but an attorney for Monterrey, Mexico-based International Legal Services said accidents involving Firestone tires on GM Suburbans and Silverados also would be included in the litigation. "Firestone and General Motors have a long history of outstanding performance in Mexico," Bridgestone/Firestone said in a prepared statement. "We disagree that there is a tire design problem." GM officials could not be reached for comment.
Mexican lawsuits expanded to include Firestone tires on GM vehicles
Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].


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We are pleased to announce Exagan’s participation at Electronica which will be held in Munich from November 13th-16th 2018.
Electronica 2018, the world's leading trade fair and conference for electronics, will be larger than previous editions. Over 3000 companies from more than 50 countries will be present to showcase their future products and solutions. Amongst others, there will be four Electronica conferences where renowned experts will speak about the latest trends and challenges facing the electronics industry.
The Automotive Conference, November 12th from 12h00 to 12h30, at the ICM – Internationales Congress Center München will feature a presentation from Exagan’s President & CEO, Frederic Dupont, entitled ‘’From evolution to revolution: Disrupting automotive power conversion with GaN’’. He will describe how GaN technology brings significantly smaller, lighter and more cost-effective solutions at the system level and why this innovative technology will play a major role in supporting the transitioning of the automotive industry to an ever-increasing number of electric vehicles (EVs)
Earlier this year, Exagan launched its safe, powerful G-FET™ power transistors and G-DRIVE™ intelligent and fast-switching solution featuring an integrated driver and transistor in a single package. These are designed for easy system implementation in diverse applications, including servers and USB chargers, to accelerate the development and use of fast, intelligent GaN power solutions
We would be delighted to welcome you on our booth located in Hall C3 – Stand 110 to present our latest developments and new products, as well as discuss user applications.
To fully take advantage of this show, please go to this link: electronica.de/visitors/planning-your-visit/purchase-ticket/
Please let us know if you would like to arrange an appointment by contacting us at email@example.com
We look forward to seeing you in Munich!