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US to soften tailpipe rules, slow EV transition through 2030
U.S. President Joe Biden’s administration is set to ease proposed yearly requirements through 2030 of its sweeping plan to aggressively cut tailpipe emissions and ramp up electric vehicle sales, two sources told Reuters on Sunday.
Automakers and the United Auto Workers had urged the Biden administration to slow the proposed ramp-up in EV sales. They say EV technology is still too costly for many mainstream U.S. consumers and that more time is needed to develop the charging infrastructure.
The UAW, which endorsed Biden in January even as Republican Donald Trump argues that Biden’s vehicle rules threaten auto jobs, says the EPA proposal should be revised to increase stringency “more gradually” and occur over a “greater period.”
The Alliance for Automotive Innovation (AAI), a trade group representing General Motors (GM.N), opens new tab, Ford Motor Toyota Volkswagenand others, last year called the initial EPA proposal “neither reasonable nor achievable” and urged “adopting requirements for 40 to 50% (electric, plug-in electric and fuel vehicles) in 2030.” EVs accounted for about 8% of sales in 2023.
AAI CEO John Bozzella said on Sunday that the next few years are critical for the EV market.
“Give the market and supply chains a chance to catch up, maintain a customer’s ability to choose, let more public charging come online, let the industrial credits and Inflation Reduction Act do their thing and impact the industrial shift,” Bozzella said.
The New York Times reported the EPA plans earlier and said the revised proposal ramps up requirements from 2030 through 2032.
An EPA spokesperson said the proposal remains under interagency review and that it plans to finalize a rule that is “readily achievable, secures reductions in dangerous air and climate pollution and ensures economic benefits.”
White House climate adviser Ali Zaidi, who has held talks with automakers on tailpipe rules, said in a statement Sunday the United States is “harnessing the power of smart investments and standards to ensure U.S. workers will lead, not follow, the global auto sector.”
The Alliance for Automotive Innovation met with the White House and EPA last week to discuss the proposal, while Tesla officials had a separate White House meeting on Feb. 9.
Volkswagen of America chief Pablo Di Si told Reuters earlier this month “the government has been receptive in listening to us…I hope we’ll see some modification.”
The EPA is also expected to address other concerns raised by automakers including a proposal to drastically reduce particulate matter from gas-powered vehicles, which the industry has argued would effectively require gasoline particulate filters on every gas-powered vehicle.
Automakers also object to the EPA plan to largely eliminate the use of “enrichment” – a strategy to boost performance and prevent engine damage from hot exhaust gases – which they say would bar them from using some engines.
Automakers have also sounded the alarm over the Energy Department’s proposal to significantly revise how it calculates the petroleum-equivalent fuel economy rating for EVs in the Transportation Department’s Corporate Average Fuel Economy program, saying it would sharply boost fines for not complying.
The Energy Department sent its revised proposal for final rules to the White House for review on Feb. 9. The Transportation Department’s separate proposal to boost CAFE requirements is expected later this spring.


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Hiccups hamper digital currency roll-out
THE central bank is urging all commercial banks to participate in the full roll-out of digital currency by the end of December 2023, but technical difficulties among large merchants have so far hampered the process.
At a meeting of the Public Administration and Appropriations Committee (PAAC) on Wednesday, which met to discuss the Government’s fiscal policy paper for 2022/23, governor of the Bank of Jamaica (BOJ) Richard Byles explained that successful roll-out of the central bank digital currency (CBDC) Jamaica Digital Exchange (Jam-Dex) requires getting merchants on board, an effort which the commercial banks have to undertake since these are their customers.
The only institution which has fully operationalised the use of the CDBC so far is National Commercial Bank (NCB). Jamaica National Bank has been testing a mobile wallet since September, and is likely to come on stream by the end of this year, the governor advised.
“Small merchants aren’t a problem, you can use a phone [but] for merchants who have point of sale machines, and retail systems that tie back into their inventory, the software for that has to be adjusted. I will claim responsibility for not assessing that this would be a challenge to overcome. Also all the ATM machines have to be adjusted to be able to dispense CBDC and to exchange it for cash. So those are significant technical issues even for NCB, but also from the other banks that have merchants with POS, as well as ATMs. There is some capital cost but doesn’t believe it is such that the banks would resile from adopting the currency,” Byles told the PAAC.
St Catherine Southern Member of Parliament Fitz Jackson, who has been vocal over the years about the need for transform banking policies, said he noted no sense of excitement in the transacting world, either by the consumers, or merchants.
“The advantages are clear but if you don’t have people coming on board but whatever advantages that there may be won’t be achieved, so it would be a good idea that will never manifest,” he remarked.
Byles said before the central bank can launch a mass digital currency campaign it has to get consumers to accept CDBC, but first ensure that merchants have sufficient infrastructure in place. He noted that already 100,000 people have digital currency, but have no way of testing it.
He advised that the groundwork has been laid to use the constituencies of St Andrew Southern and St Andrew North Western, as pilots during the Christmas period, to test the responsiveness of both individuals and merchants.
The head of the BOJ emphasised that the central bank hasn’t detected any disapproval or concern among merchants about the use of digital currency.
“We don’t detect from our survey or interactions with the market that there is any revulsion to it. It’s just a matter of laying the foundations, then starting the campaign to educate people to use it. I remain optimistic about it,” he said.
Byles noted that all the major commercial banks have provided a timetable for their participation in the CBDC, and that he was optimistic that full roll-out will happen by December 2023.
Parliament passed amendments to the Bank of Jamaica Act, to set the legal framework for the national roll-out of the CBDC Jam-Dex as legal tender, in June. The currency can currently only be used for local transactions, and not across international platforms, and has been touted as another layer of protection in the country’s anti-money laundering and combatting of financial terrorism framework.

domain: news


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OTTAWA, CANADA: Canada's largest circulation newspaper, Toronto Star, announced yesterday plans for a tablet edition in the new year, following in the footsteps of another major local newspaper.
6 Nov 2014
OTTAWA, CANADA: Canada accuses China of hacking into the computers of its research and development arm, which Beijing strongly denied.
4 Aug 2014
TORONTO, CANADA: comScore, Inc, a leader in measuring the digital world, today released the 2013 Canada Digital Future in Focus report.
5 Mar 2013
SAN FRANCISCO, US: Gadget lovers have flooded Apple with pre-orders and set up camp outside the company's real-world stores to get their hands on the new generation iPhone 5 set for release today. [Video]
21 Sep 2012
TORONTO, CANADA: comScore, Inc has announced the Canada launch of its validated Campaign Essentials (vCE) product, a new measurement solution for validating digital ad delivery.
4 May 2012
CUPERTINO, US: Apple has announced it has sold three million of its new iPad, since its launch on Friday, March 16. The new iPad features a new Retina display, Apple's new A5X chip with quad-core graphics, a 5 megapixel iSight camera with advanced optics for capturing photos and 1080p HD video, and the same all-day 10 hour battery life*.
22 Mar 2012
CUPERTINO, US: Apple has announced the new iPad, the third generation mobile device, will arrive at Apple's retail stores and the Apple Online Store (www.apple.com) on Friday, 16 March in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, Switzerland and the UK; along with Puerto Rico and the US Virgin Islands.
15 Mar 2012
RESTON, US: comScore, Inc has released the 2012 Mobile Future in Focus report. This annual report examines the mobile and connected device landscape, covering several mobile markets measured by comScore.
24 Feb 2012
The McGill Daily reports that Hydro-Québec, a Montreal-based, government-owned public utility that is responsible for the generation, transmission and distribution of electricity across Quebec, and Technifin, a subsidiary of the South African Council for Scientific and Industrial Research (CSIR), have agreed to share the intellectual property (IP) rights to their respective lithium-based technologies.
2 Nov 2011
TORONTO, CANADA: comScore, Inc has announced the introduction of its syndicated mobile measurement service, comScore MobiLens, in Canada. MobiLens offers insights into mobile consumers' demographics, behaviours, and device attributes and capabilities, to provide a comprehensive picture of the mobile market.
2 Jun 2011
WATERLOO, US: Research In Motion, based in Waterloo, in the US, has announced plans to make the highly anticipated BlackBerry PlayBook tablet available in more than 20 000 retail outlets in the US and Canada.
23 Mar 2011
PARIS, FRANCE: RECMA, the research company evaluating media agencies in 50 countries, has just released its new Digital Agency Rankings report - edition 2010. The report finds that the leader is WPP with 32% of the total digital resources.
8 Nov 2010
LONDON, UK: Smartphone users are generating two-thirds of total mobile cellular traffic* worldwide despite the fact that only 13% of mobile subscribers use smartphones, according to the latest research from Informa Telecoms & Media (informatm.com/smartphones).
3 Nov 2010


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1 Min Read
NEW YORK, May 25 (Reuters) - Small bond dealers and other direct bidders on Thursday purchased the most U.S. seven-year government notes at an auction since the summer of 2014, Treasury data showed.
Direct bidders bought 17.17 percent of the $28 billion in seven-year notes issue offered by the U.S. Treasury Department, which was their largest share since the 20.43 percent at the seven-year auction held in August 2014. This group purchased 9.53 percent of the seven-year note sale in April. (Reporting by Richard Leong; Editing by Chris Reese)


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Not only are the latter PS4 started leaking in the virtual world. Candidate key rival, the Xbox 720, recently much talked specifically about the specification.
Quoted from Ubergizmo, Thursday (2/7), the successor to the triumph of the Xbox 360 is reportedly [...]
Raise money for children with cleft lip.
Today many people are using Google Maps to find directions to a mall, offices, and other locations in the city, a man wearing this app to walk 5.000 miles or 8046.7 kilometers.
Armed with the Google Maps application [...]
One of the most popular mobile game, Fruit Ninja, in the foreseeable future can be downloaded for free for iOS devices.
Quoted from Slashgear, Friday (12/4), it also makes Fruit Ninja as ‘App of the Week’ in the iTunes App Store.
The owners [...]
The sound that tells you if there is a comment, leave, and other messages.
Facebook reportedly tested a sound alert system to notify the owner of the account when there is a friend who wrote, leave a message, comments, and so on.
Unpublished experiment [...]
Smartphone Sony Yuga is estimated by some analysts will be the mainstay.
A number of people have stated that Sony was preparing his most recent flagship smartphone, which is rumored to be a major competitor iPhone 5 and the Galaxy S III.
According to [...]
This service there will be in January next year.
Applications in the console Nintendo Wii U will be more complete. After YouTube, now the Wii U scheduled to get other superior service.
When Nintendo Direct presentation Wednesday (12/05), Satoru Iwata [...]
Los Angeles – Technology latest computer with a transparent display that allows users to reach out and touch into digital content introduced recently at the TED Conference (Technology, Entertainment and Design) in Los Angeles.
Researchers TED Jinha [...]
Want to buy the BlackBerry 10 but doubt whether it can be better than Android or iPhone? There are ways to overcome these doubts.
Quoted from Cnet, Tuesday (2/4), you can try this new OS directly either on Android or iOS devices via the browser.
The talk on social networking Twitter.
A photo cards appalling universe of cyberspace, especially on social networks. From the photo clearly visible a business card Apple Canada to that of a man named Sam Sung.
A business card is interesting when related [...]
Good news for all you lovers of the game The Sims. Electronic Arts officially announced that The Sims 4 ready to be released in 2014.
Quoted from Ubergizmo, Tuesday (7/5), EA sure about human life simulation game is being developed for PC and Mac.
Samsung has finally officially introduced the new members in the family of Galaxy Note, the Galaxy Note 8.0.
Quoted from IGN, Monday (2/25), the South Korean manufacturer utilizing the Mobile World Congress 2013 in Barcelona February 25 to 28 to show [...]


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With a $30,000 top-prize win a day after Thanksgiving, “Skee-Ball Greg” of Eldersburg is looking forward to happy holidays.
Carroll County convenience store worker snags $30,000 top prize SKEE-BALL ticket
“It’s really a funny story,” said “Skee-Ball Greg,” laughing and holding a copy of his $30,000 winning Maryland Lottery SKEE-BALL® scratch-off. “I wouldn’t consider myself a Lottery player so this really shouldn’t have happened to me at all.”
During a break at his job, the 23-year-old convenience store clerk walked with a co-worker to a different store a couple of blocks away. His colleague likes to play scratch-offs at that store, which is 7-Eleven #18127 in Eldersburg. Our Carroll County winner had found $7 in his pocket earlier in the day and wanted to spend the money on something fun.
After his co-worker purchased a couple of scratch-offs, “Skee-Ball Greg” of Eldersburg suggested his friend try the $3 SKEE-BALL instant ticket.
“He told me he didn’t like SKEE-BALL because he never hit on it,” “Skee-Ball Greg” recalled. “Then, he said, ‘You should play it if you think it is a winner.’ I took his advice and now I’m a winner!”
The infrequent Lottery player won one of the four remaining SKEE-BALL top prizes. After checking the instant ticket twice in the store and once back at his work site, “Skee-Ball Greg” signed the back of the scratch-off. He claimed his prize the next business day at Maryland Lottery headquarters. Now that he’s $30,000 richer, “Skee-Ball Greg” plans to buy a new car and gaming computer and give his mother a very special Christmas present.
“I can’t wait to see the look on her face this Christmas,” “Skee-Ball Greg” said with a smile.
The lucky Carroll County retailer also has a reason to celebrate the big win. For selling a $30,000 top-prize winning scratch-off, the store located at 2033 Liberty Road receives a $300 bonus from the Lottery. The bonus is equal to 1 percent of the prize.
Try your luck with the SKEE-BALL scratch-off, which still has many unclaimed prizes. Players can search for the three remaining $30,000 top prizes, eight $1,000 prizes or one of the thousands of other prizes ranging from $3 to $100.


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Many people think that asbestos is only found in older building materials like drywall and insulation. However, it’s been identified in everything from crayons to baby powder. It’s also been found in some makeup products — at least according to the U.S. Food and Drug Administration (FDA).
This month, the FDA issued a consumer warning regarding specific makeup products sold by Claire’s stores. The warning to consumers not to purchase the products follows test results that the agency says indicated the presence of asbestos fibers.
The FDA ordered the testing after a study by a non-profit consumer watchdog group two years ago found asbestos in makeup sold by Claire’s. Like baby powder, makeup products commonly contain talc, which can contain traces of asbestos.
The FDA doesn’t have the authority to order the retailer, which is popular with teenage girls, to recall the products in question. However, Claire’s — despite the fact that it has publicly disputed that the fibers in question were asbestos — issued its own voluntary recall. It’s no longer selling them and has cautioned consumers who have them at home not to use them. The retailer says it will issue refunds for any of the products returned by customers.
In a statement, Claire’s said, “We initiated this voluntary recall after testing by the U.S. Food and Drug Administration indicated the possible presence of asbestos fibers in product samples from one lot of each product.” The three products in question are eye shadows, compact powder and a “contour palette,” all sold under the retailer’s name. Claire’s also said it was taking all of its talc-based products off the shelves. No Claire’s products have been blamed for any illnesses or injuries.
The FDA doesn’t have a mandate to review or approve cosmetic products. However, it recently said that it intends to seek feedback from companies that make and sell these products regarding what steps they’re taking to keep asbestos out of them.
The small amounts of asbestos that could be present in some talc-based makeups likely aren’t significant enough to cause harm. However, it’s important for consumers to be aware that asbestos is not entirely a thing of the past.


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2014 is set to be the year of the tablet according to several sources at CES 2014.
Buyers from the likes of JB Hi Fi, Harvey Norman and Dick Smith are flocking to tablet vendors, many hoping to cut exclusive deals.
According to Arno Lenoir the Marketing Director of Samsung Australia the Company is banking on big sales of their new range of Galaxy tablets which at the top end will include the all-new 12.2″ Tab Pro that comes with a stylus and a full sized keyboard.
The new Samsung tablet has a new interface that has been “redefined” from previous models according to Samsung.
“We believe that 2014 will be a big year for tablets in Australia and Samsung will have the most extensive range available” said Lenoir.
The new lineup for Australia includes the Galaxy NotePro which has a 12.2″ screen, and two TabPros, at 8.4″ and 10.1″ they will go on sale in Australia in March 2014.
Click to enlarge
According to Todd Lynton Manager of Samsung PC products Samsung the new “Magazine” user interface makes the tablet more personalisable than previous versions of Android, using a 16:10 screen ratio and displaying news and social media updates within the home screen, if required.
The new 12.2″ tablet tablets will also be aimed at business users by being able to display four applications simultaneously, rather than the current two.
Click to enlarge
The NotePro, like existing Galaxy Note models, will also feature the S Pen stylus, while both new models will include Remote PC software to access computers from anywhere in the world, and the WebEx conferencing software.
Lynton said “We created the Galaxy NotePRO to kick off a year in which Samsung truly establishes its leadership in the tablet market. This new line offers the best in media consumption and productivity, combining the industry’s best viewing experience in a tablet with Samsung’s award-winning design legacy.”
The Acer Iconia W4 (pictured above) is the only one of the tablets that runs on the Windows 8.1 platform and it comes pre-loaded with Microsoft Office Home and Student 2013. It has an 8.1 inch IPS display (1280×800 pixels) that utilises ‘Zero Gap Technology’ which removes the air between the touch-panel and the LCD module reducing reflections and improving outdoor readability.
Also jumping into the tablet market with new models is Acer who has launched a Windows tablet ipowered by a 4th generation Intel Atom processor running at 1.8GHz and comes in a choice of either 32 or 64GB storage (and microSD support). It weighs just 415g and is just 10.5mm thick and packs in a 5MP and a front-facing 2MP snapper.
The Acer Iconia W4 will be available in Australia late in the first quarter.
Like all of Acer’s new tablets it can also be hooked up to the Acer Crunch Keyboard (available separately) which adds a full QWERTY keyboard.
Acer Iconia A1-830
The Acer Iconia A1-830 which is a stylish, premium tablet that comes pre-loaded with Android Jelly Bean (4.2.1).
The tablet is essentially an updated version of the Iconia Tab A1-810 which launched last year. The new model has a 7.9 inch IPS display (1024*768 pixels) and is powered by a 1.6GHz Intel Atom processor, has 1GB of RAM, 16GB of on-board memory (with microSD support).
What sets the tablet apart from the crowd is its design. Acer’s tablet is made from aluminium and is slimline (8.15mm) and lightweight (380g) and a premium metal design is pretty rare in a tablet in this price bracket.
The final new tablet is the 3rd generation of the Acer Iconia B1 which is aimed at ‘young or new users or families looking for an additional tablet for their children’. The 7 inch Android tablet is powered by a dual-core 1.3GHz processor, has 1GB of RAM and comes with a front-facing camera.
The new model is faster, has better battery life and an improved touch-screen.
According worldwide tablet market is set to grow 47 per cent in 2014, according to research from Gartner, as lower average selling prices continue to attract new users.
The findings come from a recent consumer study that Gartner conducted in the third quarter of 2013 in markets that included Australia.
The research group found that over two-thirds of tablets were used outside the home.
Also jumping into the tablet market is Panasonic with the world’s lightest, thinnest, pocket able and fully-rugged Windows tablet.
The 7-inch Windows Tablet, dubbed Panasonic Toughpad FZ-M1, equipped with Intel i5 vProTM processor and Intel Celeron processor.
The tablet weighs approximately 540g and is designed to create new value for users with a more realistic and intuitive operating environment.
The Toughpad FZ-M1 features a 7-inch WXGA capacitive touchscreen display and runs on Windows 8.1 Pro OS, apart from 4GB RAM and a 5-megapixel-rear camera with LED Flash and 2 -megapixel autofocus webcam for video calling.
According to Gartner shipments of traditional PCs are expected to continue to decline by seven per cent year on year, totalling 278 million units in 2014.


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Google Maps Gets A Makeover
Google Maps on the web is getting a makeover to make it look more like the Google Maps app on your phone or tablet.
You’ll notice a smaller search bar as well as the typical three-line menu icon found in apps. Buttons are now larger and the look is a bit leaner. It’s all part of Google’s gigantic Material Design makeover which aims to make all Google products look alike no mater what device you view them on.
HP And SanDisk Team Up To Create New Type Of Storage
SanDisk and HP are teaming up on a new type of storage technology that they hope will be more than 1000 times faster that flash storage. Their goal is a universal storage that can function as both your RAM and your storage device.
This technology won’t be available to the public for three or four more years, but it could radically alter PCs and super-speed their performances.
New Line Of Prosthetic Hands Lets Kids Be Their Movie Heroes
A new line of prosthetic hands hopes to make life a little easier for children who’ve lost a limb. The limbs, from Open Bionics have designs inspired by Iron Man, Star Wars, and Princess Elsa from Frozen.
The makers hope that by make these devices fun, children will be more interested in their physical therapy and be able to make some fun out of a difficult situation by enjoying their prosthetic devices. The Walt Disney Company provided the normally expensive licenses to the company without charge to help benefit kids. The hands will be available in early 2016 and cost around $500. Prostehetic arms typically start at several thousands dollars.


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Shares of The Procter & Gamble Company (NYSE: PG) are barely break-even for the year, but that's no reason investors should accept a lower price for them. That's why the consumer products giant is urging shareholders to reject an unsolicited mini-tender offer by Mason Bell, which is looking to acquire 10,000 shares of the stock at a discount.
Procter & Gamble says the investor is offering to buy its stock for $106 per share, more than 12% below the $120 per share its stock was selling at on July 2, the last trading day prior to when the offer was made. Shares closed out last week at over $125 a share, 18% above the buyer's offer.
Why would someone sell at a lower price? Mini-tender offers try to catch novice investors off guard. Many have likely heard of tender offers, such as when one company wants to acquire the other and tenders an offer to buy the stock, though it's usually at a premium. Mini-tender offers are different, and while they're not illegal, even the SEC says to be wary of them.
In a mini-tender offer, the buyer is looking looking to acquire less than 5% of a company, which means the offers are largely unregulated. So long as Mason Bell doesn't lie, protections investors have with regular tender offers do not exist with mini-tenders. For example, investors with traditional tender offers can change their mind about selling, but with a mini-tender there is no do-over.
Mason Bell's goal of 10,000 shares is significantly short of that 5% mark; P&G has 2.5 billion shares outstanding.
Mason Bell is likely just trying to make a quick buck, and both new and seasoned investors would do well to follow Procter & Gamble's suggestion and ignore the offer.
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The parent company for the Tim Hortons and Burger King chains has tightened up its pledge to curb the use of antibiotics by its chicken suppliers.
Restaurant Brands International on Thursday released its first “Sustainability Report,” outlining its work during 2016 in support of “sustainable practices that promote positive change.”
Back in late December, Oakville, Ont.-based RBI announced its two chains would “eliminate the use of antibiotics deemed by the World Health Organization (WHO) as ‘critically important’ to human medicine” from its chicken supply lines.
At that time, it also said it would “work with our supply chain partners to support and implement these changes” in the U.S. in 2017, and in Canada in 2018.
In Thursday’s report, the company reiterated it’s “committed to using chicken that is raised without the use of antibiotics important to human medicine as defined by the (WHO)” but instead said “we intend to meet this commitment in U.S. and Canada by the end of 2018.”
However, the company on Thursday also made clear it will follow the WHO’s fifth revision to its document, Critically Important Antimicrobials for Human Medicine, which was released early this year.
To make that list, an antimicrobial must be both “the sole, or one of limited available therapies, to treat serious bacterial infections in people,” and used to treat infections in people caused either by bacteria humans can get from non-human sources, or by bacteria that can develop resistance genes from non-human sources.
In the document’s fourth revision last year, certain fluoroquinolones, third- and fourth-generation cephalosporins, macrolides and glycopeptides were recategorized to the “highest priority.”
In the fifth revision, polymyxins such as colistin are also moved to the “highest priority” classification, due to the “increasing usage of colistin to treat serious infections in humans in many parts of the world, the discovery of the mcr1 and mcr2 genes that confer transmissible resistance to colistin and the spread of colistin-resistant bacteria via the food chain,” the WHO said.
In Canada, the federal health department’s Veterinary Drugs Directorate places polymyxins in Category I (“very high importance”), the highest category in its list of antimicrobials based on their importance in human medicine.
RBI, in Thursday’s report, reiterated it “recognize(s) that antibiotics play an important and delicate role in animal well-being and human health. Antibiotics are sometimes required to control and treat disease to maintain animal health and welfare.”
The company said it “require(s) our vendors to purchase products only from farmers that administer antibiotics in a judicious and responsible manner when treatment is necessary, in keeping with veterinary and regulatory requirements.”
RBI made its 2016 pledge on antibiotics for chickens shortly before the company announced a deal to buy the Atlanta-based Popeyes Louisiana Kitchen chain, which includes over 2,600 restaurants, among them over 100 Canadian stores in Ontario and Alberta.
In an article Thursday on the sustainability report, Reuters’ Lisa Baertlein quoted RBI as saying the company intends to apply the new policy to all its brands over time. — AGCanada.com Network


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Gurugram, July 12 Gurugram Police have busted a gang that stole luxury cars in Delhi and the NCR region and sold them in the faraway northeastern states.
The nexus was unearthed by the police with the arrest of an accused named Dharamveer alias Dharma on Friday. The accused revealed that he was part of a gang active in Gurugram that used to steal expensive luxury vehicles at gunpoint.
“Dharamveer revealed during interrogation that he had looted one Toyota Fortuner SUV on March 24 from DLF Alameda City, sector 73, in Gurugram. The accused and his men in a Maruti Omni blocked the way of the SUV. Two of the accused stepped out from the van and accused Bharat Singh, the owner of the SUV who was driving at the time, that he had hit another vehicle from behind. While Singh argued with them, another two gang members came out of the van and held him at gunpoint,” Gurugram Police PRO Subhash Bokan said.
The accused overpowered him and forced him into the van. One of the accused drove the SUV and followed. The accused took away his mobile phones, wallet, debit and credit cards with pin numbers and dumped him at an isolated place.
Dharamveer said they had driven the SUV all the way to Dimapur in Nagaland and sold it to a contact who is an illegal dealer of luxury cars.
They targeted luxury vehicles in Gurugram city simply because the owners of these cars are rich and carry large amounts of money, jewellery, expensive phones and have good bank balances from which the accused would withdraw money after taking the pin numbers forcibly. The looted money would enable them to bear the expenses of travelling around 2,500 kms from Gurugram to Dimapur, Bokan said.
The accused further revealed that Dimapur is a hub for disposing stolen vehicles. The mafia involved in this business run organised syndicates there. They used to erase engine and chassis numbers of the vehicles, make forged documents and sell them to buyers in remote areas. The northeastern states being mountainous, the demand for SUVs is very high.
Dharamveer and his gang members are history-sheeters and have been earlier lodged in jails in Gurugram, Sonipat, Jhajjar and Rohtak. They learnt from other inmates about the theft of luxury vehicles that could be easily sold off in Dimapur.
After selling the vehicles, the money was equally distributed between the gang members, Bokan said.


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If St. Paddy’s Day is your favorite holiday because of all the green accessories, clothes, and decorations, Ford will have a proper vehicle to fit your theme next year. A Dark Highland Green Bullitt won’t be the only way to celebrate. That’s because the new Need For Green paint is an option on the 2019 Mustang, and it looks mean.
Need for Green is vibrant and jumps out at you, giving Mustang owners a look that definitely stands out in a crowd. — Barbara Whalen, Ford
“This is a color Mustang fans will celebrate because of its confident and youthful attitude,” Barbara Whalen, Ford color and materials manager, explained. “Need for Green is vibrant and jumps out at you, giving Mustang owners a look that definitely stands out in a crowd.”
Indeed it does. We recently got a peek at the new green paint scheme as an example was parked outside a media event at the Ford Product Development Center. And, unlike the public relations images Ford shared, the new green is quite vivid in the sunlight. In fact, it’s a lot closer to the popular and striking Gotta Have It Green available on the later S197 Mustangs, like the Boss 302, than it would seem in those ethereal promotional images.
Either way, Need Ford Green, which was recently announced as one of three ‘vintage-inspired’ colors available on the 2019 California Special, will be available this summer across the ‘entire’ 2019 Mustang line, so we would assume you might eventually be able to make people green with envy by ordering a 2019 Shelby GT350 or Shelby GT500 in this hue…


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There is probably no other car as popular and representative of Mexico during the decades of the 60s, 70s, 80s and 90s, literally millions of VW bugs used to roam the Mexican territory during more than 40 years. For decades, all the taxi cabs in Mexico City were VW bugs for Christ sake!
But the German car design has been around since the 1930s—when Adolph Hitler had a hand in its creation—and the basic look hasn’t changed all that much since then.
In 1997, Volkswagen debuted the New Beetle, a sleeker, more modern update on the original insect-like design. The last of the classic Bugs were produced in 2003. In 2011, the company replaced the New Beetle with another design that tweaked the Bug’s look just a little more. Now, it seems even the updated Beetle is going away.
The death of the Beetle has been rumored for a while. A Volkswagen executive alluded to the car’s demise at the Geneva motor show in March 2018, but a company spokesperson later walked that statement back, saying there were no plans to kill off the car.
Recently, there were also rumors that an electric Beetle could be coming, but that idea seems to be off the table for now. VW only sold 15,166 Beetles in the U.S. in 2017, The Washington Post reports.
Could the Beetle one day be revived? Maybe. In a press statement, the CEO of Volkswagen’s U.S. arm, Hinrich Woebcken, said he would “never say never” of the potential for a revival of the car down the road. So the company seems to be leaving the door open.
If you’re not ready to say goodbye to the VW Bug just yet, you’ve still got a few months to run out and buy the 2019 Beetle Final Edition, the last model that will be produced by the company. And yes, it comes in a convertible.
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Someone call the fashion police!
First Lady Laura Bush experienced every woman’s worst nightmare when she turned up at a White House gala wearing the exact same $8,500 outfit as not one – but three – other women.
The First Lady in Red had to quickly change out of her two-piece Oscar de la Renta embroidered tulle jacket and floor-length trumpet skirt after aides caught on to the extraordinary fashion faux pas at the Kennedy Center Honors in D.C. on Sunday.
“It must have looked like Oscar de la Renta had a great big sale,” fashion critic Leon Hall said yesterday.
“I mean, I think it is every woman’s nightmare,” added celebrity fashion reporter Robert Verdi, who said that for women of a certain age and pedigree, the situation is almost unavoidable.
Glamour’s style editor, Ashley Baker, said Mrs. Bush’s couture anguish must have been made that much worse by the outfit’s outrageous price tag:
“I mean it’s one thing to buy something from the Banana Republic or the Gap, but who knew that so many people could afford a dress like that?”
The other women in question included wealthy Washington philanthropist Vicki Sant, who was too busy to answer The Post’s fashion questions yesterday. “Evidently, Oscar is very popular this season,” joked the first lady’s press secretary, Susan Whitson. “It just goes to show that no one can resist a beautiful red gown.”
Baker speculated that if the first lady had asked the designer to make something for her, he would have. “She is a regular woman, and she went and bought off-the-rack like the rest of us.”


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THREE suspects were arrested in Taguig City for the illegal sale of Globe Telecom Inc.’s long-term evolution (LTE) modems, the company said.
During a recent buy-bust operation conducted by a joint Taguig police and Globe security team, Nestor Piga, a 24-year-old technician, and Marvin de la Rosa, 26, were arrested for the illegal sale of the modems.
Separately, Regine Punto, 31, a freelance computer technician, was also arrested in Quezon City.
The entrapment operation was based on a list of online sellers of Globe LTE modems.
The suspects agreed to meet police personnel, posing as buyers in online marketplace olx.ph.
Piga and de la Rosa were believed to be engaged in a modus operandi that involves retrieval of LTE modems from legitimate customers on pretext of an upgrade or repair.
The modems are then reconfigured and sold at a one-time cost payment in popular social online buy-and-sell sites, such as OLX and even social-networking sites, such as Facebook. Police recovered from the suspects one unit of Globe LTE modem, two units of Globe Super Home phone and one LTE antenna.
Items recovered from Punto included two units of Globe LTE modems, two units of LTE antenna, and other related items.
Appropriate criminal charges were filed against the three suspects.
Globe Telecom’s intensified campaign versus fraudsters is intended to protect its customers from illegal activities, involving its products and services.
“We appeal to customers to entertain offers of various Globe products and services only from those coming from legitimate agents,” Globe Senior Director for Security and Anti-Fraud and Investigation Division Ronald Uychutin said.
He said the company will continue to work closely with police authorities in pursuing fraudsters.
The company’s campaign against fraudsters complements an online advocacy of the telecommunications provider for its customers to step up their online vigilance so they can better protect themselves from becoming victims of online hacks, identify theft and other cybercrimes.


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Watch our webinar on the importance of local payment methods when it comes to e-commerce in Latin America.View webinar
Across multiple regions and market sectors, Latin America leads the way in our recent report on e-commerce in 19 of the world’s emerging markets.
From Eastern Europe to Africa, India, Latin America, and Southeast Asia, PayU is active in some of the world’s most dynamic emerging e-commerce markets. So while the explosive growth of e-commerce around the world over the past year might have come faster than expected, it has not come as a surprise.
As COVID-19 continued to turn the business world upside down over the second half of 2020, we began putting together The Next Frontier, a report looking at growth in digitization and e-commerce across 19 emerging markets where we are active. Combining external information with insights from local PayU leaders and data from PayU’s global payments platform, our report looks at the emerging markets which are leading the way in four key e-commerce market verticals.
While 2020 brought significant growth to the e-commerce landscape in multiple emerging markets, one region stands out above the others. Across all four sectors we analyzed – Beauty & Cosmetics, Fashion, Education, and Digital Goods – Latin America showed the strongest and most consistent growth both in external figures as well as primary data from our payment portal.
Despite dealing with political turmoil and several of the world’s most devastating coronavirus outbreaks in 2020, e-commerce in Latin America advanced significantly across a wide range of countries and geographies. Looking ahead, the sector is anchored by two of the world’s largest emerging e-commerce markets (Mexico and Brazil), as well as strong and growing mid-size markets (Argentina and Colombia), South America’s richest economy (Chile), and an up-and-coming digital sector in Peru.
Scroll down to see why it’s never been more exciting to be an e-commerce merchant in Latin America – and fill in the form at the bottom of the page to download our full report.
Over USD $14bn was spent online on fashion alone across Latin America in 2020, according to external data. On PayU platforms, we saw triple digit (191%) growth in year-on-year online consumer spend.
While Colombia didn’t quite see the same massive jumps in activity on our platform as other Latin American e-commerce markets (notably Argentina and Brazil), a more-than-respectable 124% increase in online spend within the fashion vertical showed that plenty of growth still lies ahead for Colombia’s already vibrant e-commerce sector.
Across all four sectors surveyed, Colombia continues to be one of the most reliable and consistent performers when it comes to e-commerce spend. PayU onboarded a notably large number of beauty and cosmetics merchants across Colombia during 2020, helping to drive a 70% increase in sales processed in this sector by our payment platform. At the same time, spending on digital goods and online education offerings increased by 62% and 73%, respectively.
Colombia has long been a key market for PayU, which makes the additional growth seen in 2020 all the more impressive. Strong public sector support for e-commerce continues to play a role: Colombia’s government approved three days of tax-free retail sales in 2020, the latter two of which applied to online sales only.
If Latin America is an awakening e-commerce giant, then we must credit Brazil with setting the pace of its growth.
Over the past few years, Brazil has proved itself to be one of the world’s leading emerging markets for global e-commerce merchants. The pandemic accelerated the shift to digital, and we saw online sales grow by more than 50% across the country on our platform.
Cross-border e-commerce accounts for a large share of these sales. In total, cross-border e-commerce is expected to represent 25% of all online sales in Brazil by 2024, a promising sign for international merchants exploring opportunities in Brazilian e-commerce.
PayU’s platform saw notable increases last year in the digital goods (+32%), education (+59% in Q4), and fashion verticals (up a whopping 500% over 2019).
At USD $2.5 billion, Brazil boasted the second-highest projected e-commerce spend on beauty and cosmetics products in 2021, among the 19 countries surveyed in our report. With $3.16 billion in projected spending on digital goods, Brazil also places second worldwide in this category (behind only India in both cases).
PayU is active in 7 Latin American markets, all of which are also seeing strong e-commerce gains.
Of the countries we surveyed, Mexico had the third-highest projected spend on digital goods in 2021 after India and Brazil, at USD $2.1 billion. Mexico’s online education spend on our platform also registered the largest increase in 2020, with gains of 139%. E-commerce fashion spending in Mexico, meanwhile, was higher than Brazil despite Mexico (127 million) having only a little more than half of Brazil’s population (211 million).
When it comes to smaller Latin American markets, Chile and Peru are both interesting countries to watch despite being at opposite ends of the income spectrum. With approximately 19 million people, Chile would be one of the 10 largest countries in Europe by population. The e-commerce market has historically been held back by challenges with logistics as well as low levels of mobile commerce, but the market still shows significant growth potential. Spending on digital goods rose by more than 200% on our payment platform in Chile during 2020.
Peru on the other hand has faced challenges largely with consumer trust, particularly when it comes to digital payments. Cash is still widely used, and a 2019 survey revealed that majorities in Lima and other Peruvian cities stated that they had never purchased anything online because they did not believe they would receive the product they had ordered. As it has in so many places, the necessity of e-commerce during the pandemic has chipped away at the trust issue and succeeded in bringing more Peruvians online.
With the fourth-largest population in South America (33 million), Peru could become a significant e-commerce growth market in the years to come. Across PayU’s seven Latin American markets studied in the Next Frontier report, Peru exceeded the average growth rate in every market sector.
Argentina distinguished itself on our platform in 2020 with massive increases in transaction value across multiple sectors.
Online fashion spend grew last year by 447% on the PayU platform in Argentina, with an average transaction value of USD $108, which was the highest across all of our LatAm markets. In digital goods, meanwhile, Argentina was +131% on our platform, trailing only Chile.
E-commerce has been a bright spot in Argentina since the country’s 2018 economic crisis, the aftermath of which is still being felt today. According to the Argentine Chamber of Electronic Commerce, online business grew 76% during 2019, after growing by 64% in 2018.
Over the past year e-commerce has begun to take hold in more of the country, after previously being mostly confined to Buenos Aires and other large cities. Internet penetration is increasing, mobile users are rising, and more Argentinians are gaining access to financial services, all of which will contribute to continued e-commerce growth in Latin America’s third largest economy over the coming years.
Learn more about the digital landscape in Latin America and other emerging e-commerce markets.
We also provide insights on the local payment ecosystem, leveraging our experience as a leading payment technology platform offering merchants a single global solution for emerging as well as established markets.
Fill in the form to download our report and learn more about e-commerce and local payments in the most exciting growth markets around the world.


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It’s going to be a short one this week, as I’ve got somewhere I need to be at shortly after pressing the “submit” button on this WNR. You might then question why, considering I’ve had an entire week to prepare and write this WNR, didn’t I just do it earlier? Because news waits for no man. Or rather, man has to wait for news to happen, and it again happened pretty late during this very quiet week. So quiet that, again, we only have to Australian oriented stories for you this week, although stories that do have global implications. Enjoy!
After being challenged by those in Australian that believe tougher laws and technological solutions like DRM and censorship are the way forwards for the fight against piracy, Spotify has released data from its own research showing that introducing more affordable legal options is the way to go. According to Spotify’s data, music piracy download rates in Australia (based on calculating BitTorrent downloads) dropped by more than 20% only a year after Spotify’s introduction here in Australia.
The piracy rate has continued to steadily decline since then, proving that if you provide a service people are willing to pay for, they will. Of course, some people will simply never pay for music and will continue to download – but you can’t lose money from people that were never willing to spend it in the first place (the argument is that if the only options were legal options, then some of these people might eventually pay up – but this argument is not valid because it would require piracy to be completely prevented, which even the most optimistic industry person will agree is impossible).
There is this huge amount of resistance to change in the industry, and for them, it’s so much easier to simply blame everyone else for their problems. Piracy has become a convenient excuse, but it’s only just a symptom of a much larger problem the creative industries seems unwilling, or unable to address. It’s all good news for the IT industry though, since (without a sense of entitlement that people in the creative industries, particularly the movie and music industries, seem to have) they’re the ones that are coming up with the solutions at the moment, and bit by bit, they’re the ones inserting themselves into critical junctures of the creative industries.
Despite not wanting to admit the obvious, piracy is also providing competitive pressure for companies that have had it too easy for too long. This is particularly evident in Australia, where many of the major global players, like Netflix, have not been been able to, or willing to influence the market conditions here – very likely because our market is so small that it’s mostly an afterthought for many companies. This lack of competition, the “taking it for granted” nature of the companies that operate here, and our relatively high average salary has meant prices are exorbitant (up to 431% more for TV shows online) compared to almost any other place in the world. But with Netflix predicted to make its debut locally in 2015, and with 200,000 already signing up via various geo-unblocking methods (which is legal here in Australia, thanks to a court case in the 90’s that basically said region control is not acceptable), the pressure is finally on, and some companies have started to respond.
As mentioned last week, one such company, our only cable operator Foxtel, has decided to drop prices to prepare for the Netflix onslaught next year. This is despite the company raising prices annually for the past decade, including at the start of this year (just before rumours started circulating that Netflix was coming). The current debate over the poor value Australians get in terms of what they pay for, and Foxtel’s virtual monopolistic position, has also added to the price cut pressure.
In fact, the general trend recently has seen various companies scramble in full panic mode to try and deal with the arrival of Netflix. We’ve seen indirect competitors, like Foxtel, finally starting to be more competitive price wise, even if at the same time, they’re locking up content so Netflix can’t get their hands on it. It’s very likely that our local Netflix offering will be very much limited compared to overseas equivalents, which may mean that VPNs and geo-unblockers will still have their use. This is why there is still pressure from local companies, and also direct competitors to Netflix, on the government to ban the use of geo-unblockers (again, despite legal precedent ruling that busting geo-restrictions is perfectly legal here in Australia).
While all of this “discussion” is happening under the guise of a “debate” on solving the piracy issue, you can’t help but feel it’s more about local companies trying to protecting their privileged positions in our noncompetitive market – basically to get the government to bail them out now that some real competition is about the arrive. And that, perhaps, is what the piracy debate is all about, not just in Australia – industries that have grown too comfortable with the way they do business and will do everything in their lobbying power to keep the status quo, and prevent new forms of competition from succeeding, whether it’s piracy or Netflix.
The early NPD stats for August 2014 are out, and no big surprise here. The PS4 outsold the Xbox One to claim the throne as the best selling console eight month in a row. It’s a still a bit early, and so I’m still waiting for other stuff to filter through. I’ll cover the NPD results in more detail next month.
That’s it for this edition of the WNR. Not the most interesting, I know, but hopefully stuff will happen (and happen sooner than Friday afternoon, thank-you very much) next week. Until then, have a great one!


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According to The Mail, Liverpool could face a number of legal battles with sponsors regarding bonus payments and kit deals due to the season extending into the summer.
The report claims that there have been agreements between clubs and their kit suppliers that do not contain clauses which allow either party to extend or cancel the current contract with their supplier with a court case the most likely resolution to the issue.
Due to recent health concerns and the outbreak of Covid-19, the current pandemic has brought football to an abrupt halt with the prospect of a return date very-much in the air with the currently scheduled return date of April 30 an unlikely proposition.
Liverpool’s impending move from New Balance to a new lucrative £70m-a-year deal with Nike was set to take effect this summer. The former contract expires at the end of May, by which the Premier League season is unlikely to have been completed.
Nike’s imminent partnership with Liverpool was finalised after the Reds won an acrimonious legal battle with New Balance last October which allowed the club to make their desired switch to Nike on the basis that the latter’s gargantuan marketing budget and global pull would make for a more attractive and sustainable deal with global superstars such as LeBron James, Serena Williams and music icon Drake all cited.
The difficulty for New Balance is the prospect of the kit supplier missing out on the value of Liverpool’s 2019/20 strip not being in use if the Reds are to mathematically secure a first league title in 30 years with the club potentially wearing Nike strips from June onwards.
The Mail also reported that Nike’s contract deal was signed in Amsterdam due to tax reasons which could mean a settlement between Liverpool, Nike and New Balance is the most realistic solution out of this impasse.
What RTK has to say
From a Liverpool perspective, the best scenario for the club is that this dispute is quickly and quietly resolved.
The Reds partnership with sportswear giants Nike is scheduled to begin in June, meaning that any fixtures played from then on out should be done in a Nike kit.
This would be a major benefit for Liverpool as they receive a much bigger cut for every shirt sold by Nike than they did from New Balance.
Lifting the league title in a new Nike strip could have an astronomical influence on shirt sales which could inject eye-watering sums of cash into the club which, of course, can then be used for transfers.


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LOS ANGELES--The rabbids are alive and kicking. Today at Ubisoft's E3 2011 media briefing, the French publisher announced that the Raving Rabbids will return this fall as an exclusive for Microsoft's console.
Raving Rabbids: Alive & Kicking will ship exclusively for the Xbox 360 on November 8, and will leverage the system's popular Kinect motion-control technology.
According to the game's demonstration at Ubisoft's briefing, Alive & Kicking boasts an "augmented reality" emphasis. This was displayed by an Ubisoft representative stomping on a mess of rabbids that virtually appeared on stage (pictured at right).
The most recent Raving Rabbids game was the warmly received 3DS and Wii title Raving Rabbids: Travel in Time. For more information on what Ubisoft announced during its media briefing today, check out GameSpot's Ubisoft live blog archive.


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PepsiCo Inc. will start selling Diet Pepsi without aspartame later this year, the biggest change to the beverage in three decades, after a consumer backlash against the artifi ..
The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. The Nasdaq Composit ..
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The Nasdaq and S&P 500 ended at record highs on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. All three major indexes also posted g ..
Ford Motor Co said on Friday it is recalling about 390,000 Ford Fiesta and Fusion and Lincoln MKZ models in North America because of a potential door latch malfunction. The dr ..
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Charter Communications is reportedly drawing up plans to potentially buy Time Warner Cable, just hours after Comcast dropped its bid for the firm. ..
This is a comparison of Amazon's and Microsoft's cloud businesses over the five most recent quarters. ..
The deal is dead. The $45 billion merger between Comcast and Time Warner Cable, that is. But is a new deal in the offing? ..
French Economy Minister Emmanuel Macron said on Friday he would "talk again" with Renault boss Carlos Ghosn but reaffirmed his intention to boost the government' ..


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TWINSBURG -- Meet the new self check-out and this one keeps you on the road.
The state is installing 16 self E-check spots in Northeast Ohio. Just stop anytime 24 hours a day, 7 days a week, and follow the directions.
The state EPA and legislature voted last year to decentralize the E-check program. Instead of 23 locations in the 16 county area, there are soon to be 76 checkpoints, counting the kiosks, lube stops, state centers and individual auto repair shops.
"It's a touch screen it's really easy to use," said Jane Pickett, a training manager with Envirotest Systems Ohio.
"If you can read the screen, you can conduct this test. It's like a cookbook," said General Manager Prentiss Taylor.
"Just like you're at the grocery store," said Pickett, you use a barcode scanner to input the car's VIN number. You can also type it in, and use the screen to update your license plate, or input your mileage.
Then the machine spits out a wireless diagnostic machine, known as an OBD II, which you plug in to do the rest.
"The car's computer tells the kiosk computer whether everything is working right or not," said Taylor.
The automated system works for any gasoline-engine car newer than 1996, and any diesel-engine model newer than 1997.
"The older vehicles aren't equipped with the computers that vehicles 1996 and newer are equipped with," he said.
While it might it easier to fit this E-check into your schedule, the test won't be any easier to pass.
"You cannot fool it," said Taylor. "The car's computer and this computer are very sophisticated and it will know whether that's the vehicle that's hooked up to the kiosk or not."
There's a camera here that's keeping an eye on what you're doing with the gun. And if you don't need an E-check, the system will tell you so and refuse the test.
But we'll warn you: there is always a chance the machine won't communicate well. If that happens, you'll have to go the traditional route. And if you are here while the lanes are open, it will save you an extra trip.
The Ohio EPA also has a new pilot program where you won't even have to stop driving to get E-checked.
Drive by a rapid screen unit, likely alongside an onramp.
Ultraviolet and infrared light scans your tailpipe emissions and snaps a photo of your license plate. That's matched to your BMV record to mail you a passing grade at home.
You can find out more by clicking on the link here. All 16 kiosks are set to open this summer.


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Clothing retailer French Connection has recently launched a provocative campaign for Autumn/Winter 2013. 'From Sketch to Store' features images of nude models with clothing designs sketched over them. In an adjacent image, models are presented sporting the collection’s completed looks. The campaign showcases the processes that designers must undergo before their products are released in stores, allowing customers to see the various stages of design.
The brand is well-known for its innovative and risque marketing techniques (the acronym FCUK captured the world’s attention). Marketing director Jennifer Roebuck claimed that the campaign “brings out the fearless nature of the brand and our design credibility but with a twist. When you look back at the iconic FCUK campaigns you can also see the fearless attitude and that is part of the brand and our design philosophy”. The campaign will run until December 2013 on the streets, online and in print.


text: Nvidia shares can extend their 2023 rally once the chip maker’s growing artificial intelligence business is fully appreciated by Wall Street, according to HSBC. Frank Lee, the firm’s head of technology research in Asia, double-upgraded the chip maker’s stock to buy from reduce. Lee also more than doubled his price target to $355 from $175. His new price target implies an upside of 31.5% over Monday’s close. “We believe there’s more earnings upside vs market expectations in FY24e and beyond,” he said in a note to clients Tuesday. “Overall we believe we were too cautious on Nvidia.” Shares rose 2.2% in the premarket. The stock has surged 85% this year, outperforming the technology heavy Nasdaq Composite ‘s 16.2% advance. NVDA .IXIC,.SPX YTD mountain Nvidia That rally has made some previously question whether the stock has further upside. But the analyst said there’s much more to go. “Nvidia’s incredible AI pricing power (is) not fully priced in,” Lee said. The analyst noted that artificial intelligence will provide a “significant boost” prices as AI chips are between 10 and 20 times more expensive than the average price of a typical graphics processing unit for gaming. Because these AI chips are so much more expensive, Lee said the company does not need to see much of a volume increase to meet revenue growth expectations. A potential downside risk to earnings in 2024 from a slowdown in datacenter momentum drove earlier pessimism, according to Lee, given that 60% of the company’s sales comes from this business. The company has seen downside to server growth expectations, while he said investors now debate whether there could be future revisions to the business outlook going into the rest of 2023. Lee also noted concern about rising inventory. Slowing demand growth from wafer orders related to semiconductor maker TMSC was also an earlier cause for concern, Lee said. But he said the changes between company revenue and wafer orders should instead be taken as a sign of the company’s business model changing to meet the moment within AI. He said the AI business should be able to more than offset weakening datacenter demand and Wall Street was “too focused” on the later before. Lee also pointed to the fact that the majority of the inventory buildout is related to AI chips, which should help mitigate any issues related to oversupply. Lee noted there has not been any significant upward revisions to consensus revenue or earnings expectations over the past three months. But he raised his earnings expectations in the 2024 and 2025 fiscal years. “We acknowledge we underestimated the potential of Nvidia’s AI business and speed of ramp-up post Microsoft ‘s ChatGPT launch,” he said. “We believe the motivation to adopt more generative AI, especially by both China and US cloud service providers, has exceeded what we initially thought.” — CNBC’s Michael Bloom contributed to this report.


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eBay to Begin Offering Guaranteed, Free Delivery
This week, eBay announced that it will begin offering guaranteed three-day delivery in the U.S. on more than 20 million items this summer. Millions of those eligible items will also come with free shipping, and shoppers will be able to filter items by one- and two-day delivery. eBay said it hopes the summer launch of "guaranteed delivery" will bring more sales, more control for sellers and happier customers.
Total Retail’s Take: eBay is latest retailer to offer better shipping options to its customers. Wal-Mart announced earlier this year that it will offer free two-day shipping on more than 2 million items when shoppers spend $35 or more. Target also rolled out free shipping for the holidays, and now has a threshold of $25 for orders to receive free shipping — down from a minimum of $50. All of these retailers are trying to compete with Amazon.com, which continues to gain market share as it beefs up its fulfillment capabilities.


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China’s leading second-hand e-commerce platform Xianyu is set to open its first physical store this weekend. The store will be housed in a renovated factory in Hangzhou, which is also home to the Alibaba headquarters.
The store will adopt a consignment model, meaning customers can leave used items for sale or buy something left by someone else. Besides typical product categories including apparel, toys, homeware, and books, sellers can also list services like running errands for others or dog-walking.
Alibaba has high hopes for Xianyu, expecting it to eventually become a lifestyle platform of sorts for Chinese consumers. In a call with analysts back in November, Alibaba’s new CEO, Eddie Wu, identified Xianyu as one of 4 “strategic-level innovation businesses”, which will “operate as independent subsidiaries…enabling them to face the larger market with their own strategies.”
Xianyu currently has 500 million monthly active users (60% of which are Gen Z) making it Alibaba’s second-largest e-commerce app after Taobao. While it is largely overshadowed by the dominant retail sites Taobao and JD.com, Xianyu has become a hub for youth subcultures, particularly ACG (Animation, Comics, Games).


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The prices of goods sold in the retail industry rose by 1.8% compared with July 2012, the Office for National Statistics said.
This was mainly due to increases in the prices of goods sold in the food sector.
More top news
The head of state’s next term of office will not actually begin until January 10.
The movie mogul is reportedly prepared to surrender to authorities.
West Midlands Police said the car did not stop at the scene of the collision on April 25.


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Autel Robotics is shoring up its commercial fleet for professional missions with EVO II Enterprise drones. The company is bringing out two new products: EVO II Pro Enterprise with 6K ultra-HD video, and EVO II Dual 640T Enterprise that comes with a thermal imaging sensor in addition to a visual camera. Both drones are compatible with swappable accessories like a loudspeaker, spotlight, strobe, and an RTK module.
Autel says these new drones are its toughest EVO II yet. A new carbon fiber design and an enhanced transmission range (8-mile HD transmission) make the EVO II Enterprise drones suitable for a variety of applications, including public safety, firefighting, search and rescue, traffic supervision, power inspection, and mapping. The maximum flight time you will get is 42 minutes. Max wind resistance is 38 mph.
For enhanced safety, the drones have been equipped with ADS-B receivers, so they can get signals from nearby airplanes and helicopters and warn operators if they appear to be on a collision course. At the same time, 19 sets of sensors cover the airframe to provide 360-degree obstacle avoidance.
Autel EVO II Pro Enterprise drone: specs and price
Ideal for high-resolution imaging, the EVO II Pro Enterprise drone comes with a 1-inch CMOS sensor capable of capturing 6K videos and 20MP stills. Noteworthy that the camera has 3x lossless and 16x digital zoom capability, as well as an adjustable aperture range of f2.8 to f11.
Though Autel hasn’t revealed the price of this drone publicly yet, retail site B&H has the drone bundle listed at $3,750 as a “coming soon” item.
Autel EVO II Dual 640T Enterprise drone: specs and price
The Dual 640T Enterprise drone offers a 640*512 thermal imaging sensor with a 48MP visual camera. Autel is providing multiple temperature measurement modes with this drone, including Spot Temperature Measurement, Regional Temperature Measurement, Isotherm, and Temperature Alarms. Meanwhile, in addition to 16x digital zoom, the EVO II Dual 640T Enterprise drone supports 4x lossless zoom.
The price for the Dual 640T Enterprise drone hasn’t been stated by Autel either, but B&H is accepting preorders for this drone bundle at $12,300.
Late to the party?
It’s worth noting that DJI has been offering swappable accessories and ADS-B receivers with its Mavic 2 Enterprise series drones since 2018. So, has Autel made any significant improvements with its industrial drones or is it just playing catchup to an industry leader?
We also couldn’t help but notice that while Autel has tried to use the “Made in the USA” label as a marketing strategy in the past, these new drones make no such claims. And that could be because, earlier this year, the Federal Trade Commission (FTC) announced it would seek civil penalties in excess of $43,000 from companies that make false, unqualified claims that their products are made in the USA.
FTC: DroneDJ is reader supported, we may earn income on affiliate links


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“We’ve been strong supporters of the independent music and film community. This is one important way we can pitch in to keep the upstart film community vibrant and healthy.”
July 23, 2015 (Los Angeles, CA) — Amplitude Digital, a Los Angeles SEO & PPC Digital Marketing Agency, today announced that it has been named an Industry Partner by Raindance.org. As part of the agreement, Amplitude will provide discounted marketing to Raindance’s Premium Member film community.
“An active web presence is vital to spreading the word about a new film, no matter what the size of its budget,” said Amplitude founder Duff Ferguson. “We are pleased to help the independent film community target and connect with core fans by offering a meaningful discount on digital marketing services.”
To take advantage of the special Premium Member pricing, prospective clients just need to provide proof of their affiliation with Raindance. The discount applies to any Amplitude Digital service, whether it be the creation of physical or digital creative assets or the pursuit of digital marketing strategy like SEO, social media and more.
Amplitude Digital, a leading SEO and PPC search marketing agency in Los Angeles, delivers sales and leads using data-centric strategies that reduce wasteful media spend and grow revenue. Clients depend on our veteran search experts, deep analytic methodology and real-time dashboards to keep ahead of the competition at all times.
We are a recipient of the Los Angeles Agency Award of Excellence, recognizing our efforts in Search Engine Optimization, Paid Search, Google Shopping Ads, Remarketing and Content Marketing. Our award-winning combination of technology and talent excels with performance-based strategy, high-touch communication, efficient spending and transparent reporting to produce stellar results every time.
Since 2015, we’ve helped leading brands such as Toyota, The Hollywood Sign, Spafinder, Experian, McKesson and Costco exceed their goals. For more information, visit AmplitudeAgency.com or follow us on Twitter @AmplitudeAgency.
Since 1992, the Raindance Film Festival has annually uncovered the hottest new filmmakers to hit the cinematic scene. Some Raindance-premiered hits are Pulp Fiction, Memento, the Blair Witch Project, Ghost World and Love Exposure.
The rest of the year at Raindance is spent training thousands of new and established filmmakers in all aspects of film. Among high profile alumni are Christopher Nolan (Batman Begins), David Yates (Harry Potter), Guy Ritchie and Matthew Vaughn – who actually met at a Raindance course. Raindance training is one of the world’s largest and caters for over 3000 students per year.


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Battlefield 1 has seen more than 19 million players so far, and during EA’s earnings call yesterday, CEO Andrew Wilson revealed that this will be a big year for the game:
Every Battlefield 1 player will have more ways to play throughout the year, with continual game updates, new maps, and three more expansion packs adding new armies, regions and battlegrounds available to the whole community. We’re just getting started with our live service plans for this massive game, and later this year, we’ll introduce new ways for players to get an even bigger Battlefield 1 experience.
In the Q&A portion, EA CFO Blake Jorgensen said they’re pleased with the ongoing sales of Battlefield 1, and “we’ve got a lot of exciting stuff coming and a lot of interesting things about World War I that have yet to be even seen.”
Jorgensen also revealed that EA will be making some changes to their DLC approach:
We’re not going to disclose attach rates because they’re becoming less and less meaningful, particularly in a world of live services. And you’ll see some changes to our approach – particularly with Battlefield and Battlefront – over time that makes those DLC less important because it’s ongoing content that’s being delivered. I will say, you’ll also see a lot of content delivered to the broad community for Battlefield, not just for the DLC owners going forward, which I think will continue to make those numbers a little less meaningful.
As for Star Wars Battlefront II, which launches this November, Wilson said, “We took the feedback very, very seriously. We’ve invested in a very meaningful way, and when we say we believe the game is three times the size in terms of content, we’re very serious about that.”
Jorgensen said they’re hoping to sell more than 14 million copies of Battlefront II in the first year, and Wilson added that we’ll hear more about the “robust live services plan” around E3 next month.
Looking ahead to Fiscal Year 2019 (begins April 1, 2018) and beyond, Wilson says “there’ll be more new experiences for our Battlefield fans,” Visceral’s Star Wars action-adventure IP will debut, Respawn’s Star Wars title will release, BioWare and Motive’s new games will come out, and their EA Sports games will “continue to break barriers and lead sports across all platforms.”
[Source: Seeking Alpha]


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WRITER: Danae Mercer
To lower its reliance on oil, Oman is betting on tourism. Billions are being invested into a burgeoning hospitality industry that’s actively shunning glitter and artifice for a more solid foundation of world-class service in spectacular settings.
If you take a two-hour drive from the glitz and glamour of Dubai, moving first through Sharjah, then Fujairah, then cross a border into Oman, the road will turn from tarmac to rocks and dirt. The scenery will shift, with looming metallic buildings sinking into the sand and untouched mountains rising up. If still you continue, on through the northern Musandam Peninsula, where a fishing village waits and goats sometimes roam the beach, you’ll find the Six Senses Zighy Bay.
The Sultan Camel Race Cup is an annual festival in Oman that celebrates a traditional Arab sport.
There, as it has since 2008, the property waits like an oasis. Eighty-two luxury villas equipped with dusty bicycles outside and all the high-end comforts you can dream of hidden inside. A private butler can escort you on, if you wish to venture over to the spa or gym. As the sun sets, you can sit in a restaurant 293 metres above sea level with endless views, nibbling on sweet dates. And if you stare long enough, you might see a guest paraglide in – one of the resort’s several creative arrival options. The property is paradise as Oman does it best: natural, decadent, secluded and real.
Six Senses Zighy Bay has long been a favourite of luxury travellers in the know. The resort, along with several others – namely the minimalist Chedi in Muscat, the rustic Alila Jabal Akhdar high up in the Hajar Mountains, and the Ritz-Carlton’s Al Bustan Palace in Muscat – have been luring refined guests for years. Yet this ‘old guard’ of Omani luxury may soon face increased competition. As it pushes towards the future, the country is changing.
The gorgeous blue dome and a blue minaret of Muscat’s Mosque of the Great Prophet, which dates back to the 15th century.
“The ministry of tourism is investing up to 35 billion USD over the next 25 years into our 2040 tourism strategy,” says Salim Al Mamari, Director General of Tourism Promotion for the Ministry of Tourism in Oman. “We hope to increase the number of hotel rooms by 40 per cent by adding 10,000 rooms by 2018.” The rooms will range from six-star luxury to three-star ‘budget’ hotels. “We are also converting a number of self-contained apartments and farm houses to accommodate tourists, giving them the experience of actually living the Omani way.” This explains the slew of hotels set to open in the coming few years, including the Saraya Bandar Jissah, W Muscat, Kempinski The Wave, Anantara Al Jabal Al Akhdar, and Anantara Al Baleed.
It’s not only hotel rooms the government’s investing in. In 2015, the new Salalah International Airport opened with the specified goal of helping to boost tourism. Upcoming projects include a 1,200 square metre space for the National Museum in Muscat (“to help showcase some of the oldest and richest Omani heritage,” said Al Mamari) and a push towards business tourism. By 2017, the Oman Convention and Exhibition Centre is set to open, sized to host everything from global congress events to regional meetings. It will be joined by 1,000 new hotel rooms in its vicinity, as well as a shopping mall and business park.
The award-winning Six Senses Zighy Bay beach resort isn’t just remote, it’s like nowhere you’ve seen before: surrounded by craggy mountains and facing the endless blue waters of Musandam’s fjords.
Why all the focus on growing tourism? To understand this, one should look at the region’s economic environment, says Dr. Calvin H. Allen Jr., the Dean Emeritus of the College of Arts and Sciences with Shenandoah University and a published specialist on Oman. “The country’s economy remains dependent on oil and gas, and has witnessed the boom/bust cycle associated with petroleum-based economies.” Recently, the price of oil dropped from around 105 USD per barrel to around 30 USD at the end of 2015. It continued to fluctuate in 2016, creating pressure on the government to make a change, Allen adds. Factor in tensions surrounding the Arab Spring and difficulties with under-employment, and overall economic diversification has become a pressing goal.
“Strategies for the next 15 years are focusing on tourism and establishing the country as a logistics centre,” Allen said. “The Ministry of Heritage and Culture has restored dozens of forts and built several nice museums, plus there are a couple of very good private museums in the capital area.” Cruise traffic is increasingly being drawn to Muscat and, to a lesser extent, Salalah.
The Retreat is one of Zighy Bay’s most exclusive villas.
Al Mamari sees a positive future ahead. “The economic climate in Oman is recovering,” he notes. “The growth and development of the tourism industry is a vital part of the country’s long-term economic strategy. With our new tourism vision for 2040, we expect a target of five million visitors, with the tourism sector contributing to six per cent of the country’s GDP.” Already, Salalah has experienced a boom. This year, during its annual rainy season, when the surrounding area becomes a lush green landscape, roughly 580,000 mostly GCC tourists visited – a 22.6 per cent increase on 2015’s figures. Meanwhile the ministry of tourism hired a British PR firm to raise Oman’s profile among wealthy European travellers.
Simon Cameron, founder and managing director of Lightfoot Travel, a luxury travel company that has witnessed increased demand for Oman trips, isn’t surprised. “Oman isn’t your typical holiday destination. It feels a bit more off-the-beaten track in terms of mass tourism. So many of our family clients have done the Sri Lankan villas, Phuket beach resorts and European ski chalets. They are looking for something new.” Road tripping through Oman, driving down along the coast from Six Senses Zighy Bay to Muscat and beyond, that’s a new experience.
Nestled in the Al Hajar mountain range, about a two-and-a-half hour drive from Muscat is the Alila Jabal Akhdar. Remarkably, it’s the first property for this brand outside its home base in tropical Southeast Asia but considering it’s also the first luxury resort to be developed on the ‘Grand Canyon of Oman’, you can understand their logic. There are 86 rooms in all, made from local stone to echo traditional Omani architecture and blend seamlessly with the surroundings.The area is increasingly a tourist draw and a new Anantara will join the Alila later this year.
“You can explore the sand dunes on the back of a camel or riding a quad bike. In the Jabal Akhdar mountains, there are fantastic trekking opportunities with amazing views. Or you can experience culture in the city with beautiful mosques and bustling markets, then head along the coast to stunning beaches for dolphin watching and turtle hatching,” he adds.
With such natural beauty, the strong push from the Oman tourism board and the whole host of properties set to open over the next year, it’s easy to see how travellers will increasingly flock to this rustic retreat. For Oman and its visitors, the future is brimming with possibilities.
When October 2016
Where The Ruwi business district in Muscat
Why The 14-storey Sheraton Tower has dominated the skyline in Ruwi’s business district ever since it opened in 1985. Yet, it has remained closed for the best part of a decade now. But, following a major refurbishment, it is set to open its doors to guests once again. The hotel, which is gearing itself more towards business travel and events, now features 230 rooms, including 27 suites, two restaurants, an indoor pool and an outdoor one, a new spa, nine meeting rooms, a club lounge, two boardrooms and a 1,200-square-metre ballroom that can accommodate 1,000 people.
Anantara Al Jabal Al Akhdar Resort
When October 2016
Where Jabal Akhdar
Why Set in the rocky contours of the Saiq Plateau on Oman’s ‘Green Mountain’, this property is nestled in the curving rim of a great canyon – making it the highest five-star resort in the Middle East. Expect 115 luxury guest rooms, six restaurants and lounges, private infinity pools and more.
Al Baleed Resort Salalah by Anantara
When October 2016
Where The southern province of Dhofar
Why This luxury hotel is only a few minutes drive from Salalah’s airport, yet it’s situated between a scenic beach and freshwater lagoon. Picture lush tropical gardens and towering palms surrounding 136 guest rooms and villas.
Kempinski Hotel Muscat
Why Set along a six-kilometre stretch of Muscat’s coastline, this luxury hotel will be part of The Wave, a mixed-use community. The Wave will also be home to Almouj Marina, Oman’s largest private yachting club, a golf course and numerous shops.
Saraya Bandar Jissah
Why This isn’t just one five-star hotel, it’s two positioned alongside three residential areas. The whole beach-facing property will span 2.2 million square metres and features, among other things, a protected historic fort.


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The next update of Windows 10, the Fall Creators Update, will be available worldwide October 17. With the Fall Creators Update we are introducing some fun, new ways to get creative. As part of the update we will deliver an evolution to the photos experience that will let you tell your story like never before using photos, videos, and 3D effects; enhancements in gaming,...
- Samsung SmartTV owners should scan for malware weekly June 18, 2019
- Lunarsoft Forums upgraded to 4.4 June 5, 2019
- Google gives Chrome users reasons to switch to Firefox May 31, 2019
- Steam to get more Microsoft games May 31, 2019
- Windows 10 1903 released! May 25, 2019


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If you never surf the Web while watching TV, you are distinctly in the minority.
That’s according to a new study conducted by Nielsen on behalf of Yahoo, which found that three out of four Americans use the Web and TV simultaneously, and half do so every day.
Indeed, multitasking is no longer the domain of fantasy football-playing males; it is now commonplace among most demographics. In fact, more women (77 percent) claim to multitask than men (73 percent). The average multitasker spends over 2.5 hours per week using the Web and TV at the same time, and the total time spent multitasking has surged by 19 percent over the past year, according to Nielsen.
On behalf of Yahoo, Nielsen surveyed 3,417 individuals, including 490 folks who are part of the company’s “Convergence Panel.” For 54 percent of the convergence inclined, the Web draws more of their attention than TV while multitasking. Thirty percent of respondents claim to be able to focus on both media equally, while 16 percent said their gaze is typically more fixated on the traditional tube.
Interestingly, even as TV networks encourage fans to log on to Web sites to further immerse themselves in shows’ online content, most Web/TV multitaskers are surfing for completely unrelated material (like checking e-mail or Facebook). According to the survey, just 7 percent of respondents said their online consumption is frequently related to the TV show or ad they are watching while simultaneously surfing the Web.
However, there is good news for networks that put big money into original programming such as high-priced scripted comedies and dramas. Frequent multitaskers tend to both watch TV and surf during news and sports programming, not their favorite crime procedural.
Per Nielsen, close to 25 percent of sports viewers also log on to the Web at the same time in a given week. Comparably, just 14 percent of drama viewers do so, and only 7 percent of comedy viewers claim to go online while watching TV.


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Delhi-NCR-based High Street Essentials Pvt Ltd, which owns omnichannel women fashion brands FabAlley and Indya, has raised Rs 25.5 crore ($3.5 million) in a follow-on round of funding from its existing investors.
Elevation Capital, India Quotient, Dominor Holding and family offices participated in this round. The latest infusion came after the company raised Rs 20.75 crore in June last year in the midst of the first wave of the COVID-19 pandemic.
The firm will use the capital to expand its direct-to-customer footprint both domestically and internationally by adding more personalised solutions to proprietary web and app products, expanding the brands’ presence and tying up with global ecommerce conglomerates.
Ingenium, an edtech startup offering white label platforms to institutes, has raised an undisclosed amount in its seed round funding led by Lead Angels.
Existing backer Indian Angel Network has also invested in this round along with iAngels Network of India Accelerator, Faad Network, and Hem Angels.
Founded by IIT Roorkee graduates Pramudit Somvanshi, Mohit Patel along with IHM Mumbai alumnus Aakash Gupta in May 2018, Ingenium provides a SaaS (software as a service) platform to small and medium education institutes. Home tutors and parents can also avail their service.
Fabheads, a startup focused on automated manufacturing in the carbon fibre (and other composites) space, has raised Rs 8 crore in its pre-Series A round of funding led by Inflection Point Ventures.
Existing backers Keiretsu (Chennai Chapter) and stock market investor Vijay Kedia also participated in this round.
Currently, the Chennai-based startup offers design and manufacturing services to drones, robotics, and shipping companies across India.


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April is not over yet, but we already have a good list of Confirmed games for Xbox Game Pass Which will arrive in May. Which comes as a big surprise, as we don’t usually get a great indication of what’s coming to the service until Microsoft officially announces (at least) two payments per month, but Xbox Game Pass in May 2022 already looks pretty stacked halfway. April, with some good names on the list of upcoming games.
Thinking about the games confirmed for Xbox Game Pass in May, The highlights of Sniper Elite 5 so far, which launches live on the service on May 26, as will every game on the list so far: Games like Trek to Yomi, Eiyuden Chronicle: Rising, and Pac-Man Museum+ will all arrive on the day they launch on the service. Quite a few are likely to be announced.
Confirmed games for Xbox Game Pass
Two Point Campus was also included in the list of confirmed games for Xbox Game Pass arriving in May, but unfortunately it has been pushed back until August. Looks like there’s a small chance of that A Plague Tale: Mass ends with coming to service in May 2022, but it may not be worth raising your hopes. Overall, you shouldn’t forget that we also have a lot to look forward to in April 2022.
Lost in Random Games, Bugsnax, Unsouled as well as games to be announced next week. This is what we know about Confirmed games for Xbox Game Pass in May 2022 so far:
- May 5 – sleeping citizen – Control unit
- May 5 – Journey to my day – Console, computer, cloud
- May 10 – Ioden’s History: Rise – Controller, to be determined later
- May 26 Elite Sniper 5 – Console, PC
- May 27 – Pac-Man Museum + – Console, PC, TBD
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