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Reliance AGM 2023: Reliance Industries is all set to carry 46-Annual Common Assembly (AGM) of its shareholders right now, August 28, 2023, at 2PM. The annual occasion can be performed by video conferencing and different audio-visual means and can be addressed by Reliance Industries chairman Mukesh Ambani. Reliance Industries demerged Jio Monetary Companies earlier this month and listed it on inventory exchanges. The corporate is predicted to make some main bulletins w.r.t Jio Monetary Companies and Jio Telecom Companies, and unveil its enterprise blueprint for the longer term. Along with this, it is usually more likely to launch some new units together with Jio AirFiber, JioPhone 5G, Jio Pay voice speaker and extra.
Reliance AGM 2023: How one can watch stay stream
Reliance AGM 2023 will begin at 2PM right now. viewers watch Reliance Industries 46-AGM on Jio’s official website- https://jiomeet.jio.com/meetingportal/rilagm/joinmeeting.
Reliance AGM 2023: Anticipated bulletins
Jio 5G plans
At its 46-AGM, Reliance Industries is predicted to announce new Jio 5G plans for various cities throughout India. Jio has, up till now, offered its 5G companies beneath the prevailing 4G plans. There’s a risk that the corporate might announce new 5G plans on this AGM as the corporate has promised to finish the pan India 5G rollout earlier than December this 12 months, in a letter written to the federal government this month.
Jio launched its first 4G smartphone final 12 months and with the rollout of 5G companies, the corporate is predicted to launch its JioPhone 5G on this occasion. Rumoured JioPhone 5G already noticed in some leaked photos and it’s more likely to be powered by Qualcomm Snapdragon 480+ chipset, provide 4GB RAM and run on Android 12 OS. Along with this, the smartphone may include a twin rear digital camera setup that features a 13MP main sensor and a 2MP secondary sensor. It’s more likely to characteristic a 5MP front-facing digital camera.
Jio launched its Jio AirFiber in its AGM final 12 months. The gadget affords a high-speed 5G hotstop at house and workplace. Nonetheless, the corporate didn’t launch the product again then. It’s anticipated to announce the value and availability of Jio AirFiber on this AGM as its competitor Airtel has already launched its Xstream AirFiber.
Jio launched its sensible glass- Jio Glass in 2020. Nonetheless, the corporate didn’t announce the value and availability of its sensible glass since then. The sensible glass was once more noticed on the Jio’s sales space on the India Cellular Congress final 12 months. The corporate may announce the value and availability of its sensible glass this 12 months.
Jio Pay voice field
Some studies recommend that Reliance is creating a pocket-size small speaker, just like Paytm’s sound field, for its Jio Pay service. The corporate is presently testing the gadget with its workers. Reliance may introduce the gadget on this AGM.


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Google will allow developers to offer alternative payment methods in the Google Play Store for in-app purchases, the news was revealed following a recent probe by the Competitions and Markets Authority (CMA) in the UK.
The CMA has said that it is discussing with Google about what is being offered to app developers for alternative payment methods for in-app purchases for their range of apps, you can see more details from the CMA below.
Google Play accounts for over 90% of native app downloads on Android devices and restrictions placed on app developers currently require them to use Google Play’s own billing system for in-app transactions involving digital content. Following the CMA’s market study into ‘mobile ecosystems’ and concerns raised that Google’s control over payment processing in Google Play is potentially leading to higher prices and reduced choice for Android users, a new investigation was launchedinto these in-app payment rules.
Under these new proposals app developers would be able to offer a different payment system of their choosing, known as ‘Developer-only Billing’ (DOB), or offer users a choice between an alternative payment system and Google Play’s billing system, known as ‘User Choice Billing’ (UCB). Third party payment providers would have the ability to market their services to app developers for processing transactions involving digital content – enabling greater innovation and competition for Google Play in-app payment services and allowing app developers to have a more direct relationship with their customers.
By breaking the link between app developers’ access to Google Play and Google’s payment system, the commitments could allow Google Play users to access new special offers and in-app deals that are not permitted under current Google Play rules, allowing them to potentially save money and receive a different user experience while accessing paid-for digital content (such as streaming films and TV shows).
You can find lit more details about the investigation into in-app payments on the Google Play Store over at the Competitions and Markets Authority at the link below.
Image Credit: Pawel Czerwinski
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Tracking tough travel conditions this morning as a potent spring storm travels over head. Plenty of snow expected to continue to impact the region through the early afternono.
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I am surprised at the reports that M&M is considering a 50% stake in Aston Martin, the iconic and legendary British sports car brand long favored by no less than 007. Why am I surprised? After all, this is one hell of a brand!
The reason is that Aston Martin simply does not fit with what M&M is all about. M&M is a powerhouse in SUVs and UVs. It has a brilliant portfolio, having just launched the Rexton from its SsangYong stables. The year-old XUV-500 is a runaway bestseller with a continuing 5-month waitlist, even as M&M has ramped production to 5000 of these vehicles monthly. Not to mention its other successful brands like Xylo, Scorpio, Bolero, and others. A sports car, particularly a super-luxury sports car like Aston Martin simply does not fit with M&M’s portfolio.
And I am not saying this out of thin air. In many conversations with top executives (see our book The New Emerging Market Multinationals), I have been told that M&M is all about making “honest” UVs and SUVs. This is why it backed out of the bidding for JLR in 2008, according to these same executives, as it was primarily interested in the Land Rover brand, and not Jaguar. Indeed, M&M’s forays in to regular automobiles, starting with its JV with Ford over two decades ago, have never been terribly successful. So, moving even further away from its core business—honest, reliable, durable, and value-for-money UVs and SUVs—by buying a super-luxury sports car brand that sells its lower end models for over US$250,000+ a pop, even in the markets of UK, US, and Europe, does not appear to make strategic sense.
Clearly, I am not the only one to doubt the strategic logic of a 50% stake in Aston Martin. With these rumors swirling, M&M stock dipped some 3.37% on Monday. Business Line attributed this to news of the potential deal in an article headlined “M&M stock falls on report of Aston Martin Deal” (November 27, 2012, p. 10). I hope that the reports I am reading turn out to be incorrect and M&M does not end up acquiring a significant stake in Aston Martin, notwithstanding the fact that Aston Martin is an iconic brand.


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“Midair collisions statistics are revealing,” said Avidyne COO Patrick Herguth during the company’s press conference at Sun ’n Fun 2013 (Booth C-71). “Fifty-nine percent of midairs happen near the airport; and 54 percent are between aircraft flying in the same direction.” Herguth was citing a 10-year-long study published by researchers at Massachusetts Institute of Technology in Cambridge, Mass.
Traffic Collision Avoidance System
Within Six Months
May 23, 2013:
Interest in Restructure of Rotorcraft Airworthiness Standards
Rockwell Collins has sent its workhorse Sabreliner 50 business jet to what might be the world’s best retirement home, the Evergreen Aviation & Space Museum in McMinnville, Ore. The Sabreliner, a 1964 model, was the flying testbed for many key Rockwell Collins avionics products and logged about 8,000 hours and more than 5,000 landings since the Collins division of Rockwell International bought the jet in 1976. The job of flight-testing new Rockwell Collins systems falls on the shoulders of the company’s Challenger 601.
Within Six Months
March 13, 2013:
Air Carrier Contract
Garmin unveiled its first radar altimeter–the GRA 5500–yesterday. An all-digital design that employs digital signal processing technology, the GRA 5500 already holds FAA TSO authorization and is available immediately, at a retail price of $13,995 (without antenna).
Several OEMs have already selected the GRA 5500 for upcoming aircraft, including new versions of the Cessna Citation X, Sovereign, Latitude and Longitude and Bell Helicopter’s 525 Relentless.
When it comes to decriminalization of aviation accidents, the world seems to take one step forward and two back.
China’s Chengdu Airlines has begun operations with Thales’s T3CAS traffic and collision avoidance system. The system includes TCAS (traffic and collision avoidance system), TAWS (terrain awareness warning system) and transponder functions in one six-MCU line replaceable unit.
Garmin has introduced two new avionics products targeting the Part 25 transport category market, the new GTS 8000 Tcas II unit and GTX 3000 mode-S transponder. Both new products received FAA TSO certification on August 7 and will be fitted on upcoming new jets featuring Garmin G5000 avionics suites, including the Cessna Citation Ten, Latitude and Longitude and Bombardier Learjet 70 and 75. Both also can interface with any Garmin G1000 through G5000 system and so will be available for retrofit programs, according to avionics product manager Bill Stone.
Pilatus Business Aircraft will offer a Garmin G600 New Perspective glass panel avionics retrofit for its legacy (pre-NG) PC-12 turboprop singles through its authorized and satellite service centers. Garmin is expected to receive supplemental type certificate (STC) approval for the installation late this year. All marketing and sales for the STC is being conducted through the Pilatus sales and service center network. Several centers already have begun accepting customer orders for the system.
Sensor Systems (Booth No. 1994) is taking the wraps off three new antennas at NBAA’12. The first is the S72-1735-24/-26 TAS/Tcas directional antenna designed to pair with the Garmin GTS 800 traffic system. The antenna has better bearing accuracy than its predecessors, which means users see the traffic depicted just where it is. The antenna style is low-drag, making it a good fit on regional jets and business jets.


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We’ve all heard technology in cars getting updated every day, with almost every car in the market out there having airbags and other safety features. With cars getting better and safer, the riders out there didn’t seem too happy.
Well, here’s something to cheer them up.
Three students from IIT Roorkee have developed an inflatable helmet.
Inflatable helmet? What’s that?
An inflatable helmet in the simplest of words is a helmet with an airbag, which means rides on two-wheeler vehicles are now going to get safer than ever before.
You might wonder why such a helmet hadn’t been developed yet? Is it rocket-science?
Not exactly, but the inspiration for making this came from working on inflatable space structures at ISRO.
Sarang Nagwanshi, one of the three inventors, told Economic Times,
“We got the idea of inflatable helmet while we were working on inflatable space antenna at ISRO during our internship”
So let us now take a look at what exactly an inflatable helmet is and how it works –
We hope this invention will find the necessary support from the industry, only then will it be commercially available for us to use.
What do you make of it? Let us know in the comments.
Image Credits: Google Images
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- Real Estate
- Food & Drink
Feb. 11, 2019
This paid piece is sponsored by Dawley Farm Village.
It maybe shouldn’t be a surprise a coffee shop that has perfected heart-designed lattes would be a popular spot for dates.
But that’s definitely become the case on the east side at Coffea Roasterie, which is attached to First Bank & Trust at Dawley Farm Village.
“It does seem to be a popular date – and first-date spot,” manager Laura Sinkgraven said. “I think a coffee shop can be especially perfect for a first date because it might not be such an intimidating atmosphere to get to know someone.”
Coffea’s ample two-person seating options, casual vibe and focus on fostering community and special experiences all help, she said.
“I feel like people can kind of ‘wow’ their date with the space and the quality of the drinks and pastries they receive, while having a good mix of casual and intimate feel.”
It must work, because those dates have led to more.
“We’ve seen engagements and weddings as well at Coffea because it’s where people consistently spent time together and made special memories in the cafe while they got to know one another, so they really feel like it’s their space,” Sinkgraven said. “We did see quite a few couples come through last Valentine’s Day, so we’re hoping to see more this week.”
If your Valentine’s Day plans – or last-minute shopping – take you to Dawley Farm, here are more great ways to share the love this Feb. 14.
Kay Jewelers always delivers when you’re looking for a gift that sparkles. We’re loving the new Signature Hearts Collection.
Pampering your valentine is as easy as a trip to Massage Envy or A Perfect 10 Nail & Beauty Bar to pick up a gift card that’s sure to be appreciated
Century East has some great movies playing for a Valentine’s night out. And if you’re ever going to go to a romantic comedy, this is probably the day. “Isn’t It Romantic,” which premiers Feb. 13, has advance tickets available now.
Does your valentine have four legs? Ours too. And who can pass up a stop at PetSmart to show how much they’re loved?
Happy Valentine’s Day from Dawley Farm Village!
Looking for love this Valentine’s Day? Or are you still in search of a gift? Our trip to Dawley Farm Village revealed an interesting date spot – and plenty of ways to celebrate this Feb. 14.


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Australian family owned Hyne Timber is looking for government support for an initiative that will see saw logs destined for export, processed at its Tumbarumba Mill, protecting hundreds of jobs locally and along the timber supply chain, helping the Australian economy recover from bushfires and the COVID-19 pandemic.
Following discussions with suppliers in Victoria and South Australia, Hyne Timber has confirmation that at least 431,000m3 of sustainably grown, plantation pine can be made available to the Mill over the next three years.
The CEO of Hyne Timber, Jon Kleinschmidt said they have already applied for an NSW grant and are now in discussions with the Federal Government to secure transport support to fast track these new supply channels. “Those logs are situated beyond the Tumbarumba viable supply zone, and to do this we need transport support for the extra 41 per cent of freight costs,” Mr Kleinschmidt said.
“We believe redirecting logs from export and into the Australian economy while retaining job security for hundreds of people is a compelling case for State and Federal Government support.
“If we can secure just under AU$29 million in support over three years on top of our own contribution of over AU$42 million, we can convert that into an estimated AU$173 million for the Australian economy. The jobs secured at the Tumbarumba Mill, and our sales and distribution staff in NSW alone equates to over $70 million in wages and salaries going back into the economy and vibrancy of our regional towns”.
“We have crunched the numbers and without support, this additional 431,000m3 of logs are too expensive to freight to Tumbarumba, as the additional costs cannot be passed onto our customers, who will be forced to use imported timber.
“The devastating bushfires have impacted 40 per cent of our long-term log supply. The situation is serious, and the community is rightfully concerned about the future. However, we have found a significant win-win solution if we can secure Government support.
Hyne Timber has applied through the NSW Government Bushfire Industry Recovery Package – Sector Development Grants for support and is now in discussion with the Australian Federal Government.
Click here for a virtual tour of the Tumbarumba Mill.
Source: Hyne Timber


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The New Volkswagen Tiguan Allspace Is Here
Well, almost! Gearing up for its official world premiere later this month, Volkswagen’s most successful SUV is set to be unveiled with sharper design and technical highlights.
The standard Volkswagen Tiguan was given an update back in autumn last year, and now the countdown has started for its equally successful (yet larger) brother – the Tiguan Allspace.
In addition to a fresh new design for the exterior, the longer Tiguan also boasts advanced technical features. These include new control and assist systems, which guarantee even more convenience.
The new Tiguan Allspace will also have a wide range of online-based services and functions on board, thanks to the brand’s latest MIB3 Infotainment system.
Since its introduction back in 2007, the Tiguan has gone from a newcomer to one of the best-selling SUV models on the market. One of the main factors for this success is the 2017 launch of the Tiguan Allspace, a 22-centimetre longer version of the Tiguan.
Around 1.5 million of the Long Wheel Base variant (LWB) have been sold worldwide since its market launch in 2017 until the end of March this year.
The Tiguan Allspace offers excellent storage solutions and space, with a luggage compartment volume of up to 1,920 litres.
With its optional third row of seats, it also offers enough room for up to seven people, making it the perfect choice for families.
The Tiguan Allspace will be fully revealed on the 12th May 2021. It will not go on sale until later this year.
In the meantime, if you’d like to register your interest in the all-new Tiguan Allspace, get in touch with your local Vertu Volkswagen retail site:


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OnePlus Nord Buds CE is the companys most affordable wireless earbuds yet
OnePlus is preparing its most affordable wireless earbuds - Nord Buds CE
OnePlus, according to Internet sources, has scheduled the announcement of a new version of fully wireless (TWS) submersible headphones, a model called Nord Buds CE, for the current quarter.
Image Source: One Plus
OnePlus already has various TWS devices in its range. These are, in particular, OnePlus Buds (in the first image), OnePlus Buds Pro (in the second image) and OnePlus Buds N. The new headphones will become the most affordable member of the family: the price of Nord Buds CE is rumored to be between 20 and 25 US dollars .
Unfortunately, little is known about the technical characteristics of the gadget today. We are talking about support for wireless communication standard Bluetooth 5.2. It is likely that protection against moisture and dust will be implemented, but it is hardly worth counting on an active noise reduction system.
Headphones will go on sale in at least two color options – Moonlight White (white) and Misty Gray (gray). Battery life has not yet been specified.
According to Canalys, in the first quarter of this year, global shipments of TWS headphones reached 68.2 million units. This is 17% more than the result of a year ago, when deliveries amounted to 58.5 million units. Apple remains the industry leader with 21.7 million devices sold and a share of about 31.8%.


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LANCASTER — There are still some permits that are needed, but Kimball Farm Ice Cream is planning to establish a general country store and ice cream restaurant on Route 70 here, according to Mary Beth Rattey, general manager of Kimball Farm Ice Cream.
“Right now, we are just getting the building ready for the basics, which is serving ice cream and a country store,” said Rattay. Mike Kimball, owner of Kimball Farm Ice Cream, has received a building permit to make repairs and alterations to the inside of the former Oak Ridge Farm Stand, located on 1543 Lunenburg Road (Route 70) between Route 2 and the Lancaster Flea Market, according to town documents.
Kimball Farm is tentatively planning to open on Memorial Day, May 31, said Peter Munro, building commissioner for the town of Lancaster.
Mike Kimball did not return multiple calls concerning the issue.
Steve Boucher, owner of Central Mass Sand and Gravel, would not comment.
There are three Kimball Farm Ice Cream locations in the area. The original and most renowned Kimball Farm is located in Westford, and offers ice cream, mini golf, bumper boats, a driving range, a restaurant, batting cages and live entertainment.
Planning Director Noreen Piazza said there is land available on the proposed property to add miniature golf or a driving range, but Kimball representatives would need a special permit.
Town officials and local business owners are optimistic that Kimball Farm is coming to Lancaster.
Fire Chief John Fleck said town officials are trying to process the necessary permits as quick as possible, cognizant summer is their busiest season.
“Towns officials are absolutely welcome to Kimball ice cream coming into town,” said Fleck. “That location (on Route 70) has a history of not getting continuous business, but because of Kimball’s name that should change. People come from all over to visit Kimball Farm. … It’s a good thing for this community.”
He said Kimball Farm representatives are in the process of adding an addition for an ice cream bar plus multiple renovations to the current building.
Oak Ridge Farm Stand closed last fall, said Fleck.
Town Administrator Orlando Pacheco said Kimball Farm will complement the Mass Youth Soccer complex at Progin Park, located on Route 70, very well.
“There is so much activity at the soccer fields everyday that it just makes sense,” said Pacheco. “I think (Kimball Farm) will be good for the town. They have a nice, clean operation and a good following.”
On a normal weekend, Progin Park hosts approximately 2,400 people, said Dick Threadgould, Facilities Manager at Progin Park.
“On bigger weekends between Memorial Day and July 1, we usually have about 7,000 bodies at the park during a day,” said Threadgould. “We will definitely impact them, which is probably the main reason for them moving in there. … It will be nice to have an ice cream place right near us, and Kimball (Farm) is a huge brand name.”
Seb Valera, general manager of the Lancaster Flea Market on Route 70, said Kimball Farm will be a major asset to the town in attracting consumers and businesses.
“It will definitely bring more people down to this area that wouldn’t be here otherwise,” said Valera. “It’s fantastic. They offer some excellent food and ice cream. … this town needs a well-known business like Kimball ice cream on this strip (Route 70) besides the Flea Market.”
Selectman Jack Sonia said he’s 110-percent behind the idea of Kimball Farm joining the Lancaster community.
“To put something in that vacant building, and something that will draw as well is thrilling,” said Sonia. “I think they will do well because they draw really well at their other locations, they’ll have great visibility on the road and they have a brand name. … I’m so excited, I’ll be standing out there directing traffic when they open.”


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Nicole McLaughlin has joined the Arc’teryx Equipment family.
The New York-based designer/climber has been tapped as the brand’s first-ever design ambassador—a role that will continue McLaughlin’s mission to sustainable and functional fashion. Under the partnership, McLaughlin will host a series of workshops and Arc’teryx Academy events; the first of which will be a design and upcycling class that will take place in NYC this fall.
“As a climber and designer, I’m excited to partner with Arc’teryx,” McLaughlin said in a press release. “I’m looking forward to shared learnings and connecting our communities so that together we can amplify the value of circularity, including repurposing garments to keep waste out of landfills.”
In conjunction with the announcement, Arc’teryx unveiled two pieces designed by McLaughlin. The first of which is the Arc Cart, which was made out of two Bora 62 backpacks purchased on eBay.
“Based on the concept of making something to help navigate the outdoors,” McLaughlin said about the cruiser cart. “I’m a huge fan of Bora backpacks and their utilitarian quality, but also their durability. Once I settled on the idea of a rugged cart, I decided to make something that would not only help you take your climbing gear (ropes, harnesses, water bottles, snacks, crash pads, etc.) to the crag, but also create an extra element of functionality. It’s everything you need, rolled up into one.”
The second design is the Mini Tent, which was made out of recycled Arc’teryx Gore-Tex scraps that were sent to McLaughlin.
“I love mini and oversized things,” she said about the design. “… It’s an exploration of utilizing GORE-TEX cut-offs of all sizes in miniature proportions that have the potential to be scaled in a life-sized way for outdoor usage.”
WWD reports the two pieces are not for sale, but will be auctioned off to support a charity of McLaughlin’s choice.
“We’re thrilled to welcome Nicole to the Arc’teryx team,” said Jurgen Watts, Arc’teryx’s director brand Experience. “We look forward to helping her share her passion for upcycling as we grow and evolve our initiatives in circularity and increasingly offer our guests more sustainable choices.”
Stay tuned as more details about the partnership, and its upcoming workshops, become available.


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Smart UK managing director Jeremy Simpson has seen his role axed as part of the integration of the marque into Mercedes Car Group.
Simpson, who joined Smart three-and-a-half years ago from parent company DaimlerChrysler (MW August 29, 2002), has moved to work on an environmental project for Daimler, believed to include the development of hybrid vehicles.
His role has been in doubt since last year when DaimlerChrysler announced it was restructuring the division in an attempt to achieve profitability for the first time in 2007. Daimler then said it was cutting up to 130 UK jobs across all its brands to “maintain its competitive edge” (MW December 1, 2005).
Smart head of marketing Sam Bridger will now report to Mercedes marketing director Nick Ratcliffe.
Sources say the integration process could also affect Smart’s agencies Farm and Rapier, although a spokeswoman denies this is the case. The marque previously had an annual advertising budget of &£10m but said last year that it was slashing its promotional budget and scrapping television advertising.
A Mercedes spokesman says that after a consultation period it was decided that 80 roles were no longer needed and 32 people left the company in March.
The spokesman adds that Mercedes’ product marketing team has grown as part of the shake-up, with people moving from other areas of the business.


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Social networking giant’s acquisition spree continues with purchase of video compression specialist
Facebook has acquired QuickFire Networks, a video compression specialist, for an undisclosed amount.
Mark Zuckerberg’s company has been using acquisitions to plug technology gaps in an effort to enhance its social networking platform. Indeed, Facebook earlier this week acquired of natural language software player Wit.ai, and the latest deal signals its intention to enhance its video content capabilities.
The deal was announced on the QuickFire website by CEO Craig Y. Lee. “We’re excited to announce today that we are joining Facebook,” he wrote.
Lee explained how QuickFire thinks that the current network infrastructure around the world is not up to the task of supporting “the massive consumption of video that’s happening online without compromising on video quality.”
San Diego-based QuickFire uses proprietary technology to dramatically reduce the bandwidth needed to view video online without degrading video quality. Its technology speeds up the encoding of videos with different profiles for frame rate, resolution, colour and audio settings for different platforms.
“Now we’re ready to take the next step in our growth,” wrote Lee. “Facebook has more than one billion video views on average every day and we’re thrilled to help deliver high quality video experiences to all the people who consume video on Facebook.”
It seems that some key members of the QuickFire team will join Facebook, but the company itself will wind down its corporate operations as it merges into Facebook.
Last year, Facebook warned investors that it would be spending heavily in 2015 as it seeks to broaden its infrastructure capabilities. Indeed, the company has spent heavily in the past to acquire companies such as WhatsApp and Oculus for example.
But Facebook is also keen to expand its video capabilities. Last year for example, it changed its service so that videos in user newsfeeds automatically begin playing. That move proved controversial, as mobile users complained about the bandwidth implications of such a move.
The company however aims to get its users to upload their videos directly to Facebook, instead of linking to rivals such as Google’s Youtube etc. The thinking is that if Facebook hosts the videos themselves, it will keep users on their service and it allows gives it more control over how the videos can be viewed and tied into its advertising and marketing functions.
Are you an expert on Facebook? Take our quiz!


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Netflix Stock: The Entertainment Juggernaut Rolls On
NFLX Stock Soars on Subscriber Growth
One of my favorite methods of investing is looking at the stocks that benefit from the digital age and are leaders in their field. In a world where nothing is left untouched by the ongoing digital disruption, one of the most impacted industries is entertainment.
There is one company that has changed the way we think about entertainment: Netflix, Inc. (NASDAQ:NFLX). It’s the world’s leading digital television network, with more than 109 million subscribers in more than 190 countries. They watch about 125 million hours of television shows and movies per day. (Source: “Overview,” Netflix, Inc., last accessed November 29, 2017.)
Although the market is very competitive, with the traditional entertainment companies hopping on the bandwagon, Netflix’s lead is well established. With its technological superiority, amazing recommendation engine, and billions of dollars of investments in original content, the juggernaut is expected to continue rolling along, pushing Netflix stock higher.
Nearly all cable channels have been losing viewers with the rise of alternatives like Netflix. With the demand for digital content going nowhere but up, this is one industry that cannot be overlooked by growth investors.
According to the estimates by Technavio, the global video services market was expected to post high growth from 2016 to 2020 and is likely to post an impressive compound annual growth rate (CAGR) of more than 24% by 2020. (Source: “Global Video Services Market 2016-2020,” Technavio, last accessed November 29, 2017.)
And Netflix is at the top of its game. The number of international subscribers continues to increase on the back of the company’s heavy investments in original content. With popular original content offerings, the new sign-ups have been going through the roof. Netflix is one stock that continues to soar higher and higher.
The company recently released its third-quarter results. Global streaming revenue rose 33% in the quarter and was driven by a 24% increase in average paid memberships and seven percent growth in the average selling price (ASP). The company added record 5.3 million memberships globally, which is an increase of 49% year-over-year. (Source: “Q3 17 Letter to Shareholders,” Netflix, Inc., October 16, 2017.)
The gains came at the back of the strong demand for the company’s original series and films, and due to the fact that the world is increasingly adopting Internet-based entertainment.
The NFLX stock price has been gaining strength every passing year and has posted four-digit returns over the last five years. It has gone up by almost 70% in the last year.
Chart courtesy of StockCharts.com
Netflix has also been increasing its subscription prices selectively, and this should translate into higher revenue, thereby giving a further boost to Netflix stock. With a big focus on exclusive original content, the long-term prospects remain strong and exciting.
NFLX stock has lot of growth levers that can help it gain strength in international markets. It is becoming invincible in both content and distribution. Given the momentum in the business, it is most likely that the company’s international subscriber base will get a further push.
Netflix has been redefining the future of entertainment and taking lot of risks in the process. This has translated into huge returns for investors. Although the competition will continue to increase in the coming years, the company’s technological prowess and ability to engage viewers with original shows is unparalleled.
Netflix will likely continue to experiment with new themes and invest more in original content. Once its pricing power becomes stronger, higher subscription prices—combined with a large number of subscribers—could result in even higher Netflix stock prices.
As Netflix stock is hovering near record highs, investors should wait for signs of weakness in the price. Those looking for growth should not overlook this stock, as the optimism and strength of the business signal that better days are ahead for NFLX stock.


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A “reimagined pet care” business is eying a 2020 opening in Ballston Quarter.
Heart + Paw will offer veterinary care, a grooming spa, and a pet day care, according to the Ballston Quarter website. Its interior will be an “elevated space designed using the latest research on low stress environments.”
Heart + Paw is headquartered in Philadelphia, and Ballston Quarter will be its first D.C. area location. The company has “ambitious national growth plans with an initial focus on the Northeast and Mid-Atlantic regions.”
The business will be located on the second floor of the mall. A wrap along the outside of the storefront advertised an “early 2020” opening and a special discount to those who book services before the store’s grand opening.
Heart + Paw applied for a construction permit in August, per county records.
CVS Pharmacy is planning to open its new store in the Village of Shirlington by the summer of 2020, according to a spokesperson from the shopping center.
The 10,906 square-foot space will be located at the intersection of Campbell Avenue and S. Randolph Street, taking over a temporary women’s clothing boutique and the current Cheesetique space.
As of today (Wednesday), Cheesetique was still open, with two signs on the front of the store announcing it will move down the street to 4024 Campbell Avenue in November, describing the new storefront as “Bigger. Better. Cheesier.”
The clothing store, Sheyla’s Boutique, took over the former Ping by Charlie Chiang’s earlier this year. It is currently advertising a moving out sale, with items offered 50-70% off, per a sign outside the store.
Village of Shirlington owner Federal Realty Investment Trust first announced the plans for the new CVS in March.
CVS then applied for a construction permit in August, per county records.
A new indoor swimming school is coming soon to Lee Highway in Arlington.
SwimBox offers one-on-one lessons to swimmers of all ages, from beginners to athletes. All lessons take place in the shallow, warm-water “Endless Pool,” with instant video feedback to customize swimming technique.
“We are anxious to work with the masters swimmers, competitive age group swimmers, triathletes, and adults learning to swim that live in/close to that area,” said owner Lissa Latella. “We find that the adult community is often overlooked in terms of learning to swim, so it will be great to provide that service to this new area as well.”
The space is slated to open in December, according to Latella, underneath Caribbean Grill at 5183 Lee Highway.
“The move to Arlington has been something we’ve been wanting to do for the past few years, but finding a good space that allows for our pool was a bit hard in an area where most buildings have underground parking garages,” said Latella. “Can’t put a pool above something like that!”
SwimBox applied for a construction permit in August, per county records, in which it was labeled as an “above ground modular spa.”
Photo courtesy SwimBox
The new Harris Teeter store along Columbia Pike will open its doors to the public next week.
A ribbon cutting and a grand opening celebration will take place at the store (950 S. George Mason Drive) on Tuesday, October 22 from 4-7 p.m. During the grand opening, a “Taste of Teeter” will be held throughout the store, featuring grocery product samples.
In celebration of the new store, Centro Arlington developers Orr Partners, in partnership with the Columbia Pike Revitalization Organization (CPRO), will host a Halloween-themed party on Saturday, October 26 from 2-6 p.m.
“We want to invite everyone to join us for this [Halloween] celebration to thank the community for putting up with our dust as we constructed this great project,” said David Orr, Chairman of Orr Partners, in a press release.
Developers first announced the large-scale project — which includes 22,150 square feet of public space, a three-level parking garage, and 365 market-rate apartments) — in 2015. It was approved by the county a year later, resulting in the demolition of the former Food Star grocery store.
“CPRO is thrilled to see the Pike growing,” said the organization’s executive director, Kim Klingler, in a statement. “We are eager to welcome Centro’s new tenants and businesses to the community.”
More on the store from Harris Teeter’s website:
This location will have many unique features including: expanded service meat and seafood cases with dry aged beef; handmade lobster rolls; and fresh steamed seafood. This location will also feature a pharmacy, ExpressLane Online Shopping and signature Harris Teeter amenities, such as: a hot foods bar; salad bar; a sub shop; store-made pizza; and fresh sushi.
“Harris Teeter is thrilled to celebrate the Centro Arlington store opening with a Taste of Teeter; we know the community is excited to see their new store, and we cannot wait to meet our new neighbors,” said Danna Robinson, communication manager for Harris Teeter.
In each of its stores, Harris Teeter strives to offer customers an incredible place to shop, which begins with customer service and features high-quality products, variety and selection. Harris Teeter also works to be a true community partner by supporting local schools and youth sports organizations, among other non-profit organizations. […]
Store Hours: 6 a.m.-midnight, daily
Store Square Footage: 53,000
Check-Out Lanes: 6 checkouts and 8 express checkouts
Pharmacy Hours: Mon.-Fri. 9 a.m.-8 p.m.; Sat. 9 a.m.-6 p.m.; Sun. 11 a.m.-6 p.m.
Store Features and Departments
Full-service Butchers Market with Rancher Beef, HT Reserve Angus Beef and USDA Certified Very Tender Beef • Dry Aged Beef Fresh • Store made sausage and burgers • Full-service Fishermans Market • Fresh Steamed Seafood • Fresh Made Lobster Rolls • Farmers Market Produce • Salad Bar • Full-Service Floral and Custom Floral Arrangements • Full-service Fresh Foods Market Deli/Bakery • Sushi • Self-Serve Olives • International Cheeses • Custom Cakes and Ice Cream Cakes • Sub Shop • Artisan Breads • Boar’s Head Meats and Cheeses • Fresh Made Pizza • Party Trays • Home Meal Replacements • Natural and Organic Foods • Pharmacy • Free Blood Pressure Testing • Private, Professional Pharmacist Consultations • Drug Interaction/ Allergy Screening • Double Coupons • Club 60 Discount • ExpressLane Online Shopping • Red Box DVD Rental Kiosk • Starbucks • Sit-down eating area • ATM • Build Your Own 6-packs
A new cafe, restaurant and live music venue called “The Renegade” is hoping to open later this month in the former Mister Days space in Clarendon.
Renegade is “eyeing a late October opening” in the 5,500-square foot space that once housed the popular nightlife destination before it closed in April. The new business is run by chef Patrick Crump, who formerly worked at Clarendon Ballroom, Spider Kelly’s and the now-closed Clarendon Grill, and before that cooked at the famed Inn at Little Washington.
“A renegade is someone who rejects the conventional, and I think the neighborhood is ready for something new and different,” Crump said in a statement today (Friday) of his latest, ambitious venture.
The menu itself is set to include an dizzying array of international “stackable bites, skewers, bowls, and housemate dips” from crispy Korean chicken with a moo shu pancake to fried yucca and jalapeño aioli. Other items will be developed from Vietnamese, Thai, Egyptian, and Malaysian cuisine.
Each small dish is expected to cost between $3-5 to encourage patrons to sample several.
“I want spicy, crunchy, bright, and tart. High heat, bold flavors, and something that really grabs you from the first bite,” Crump said.
Pairing with that will be “bright, crisp rosés, rieslings, and sauvignon blancs” on Renegade’s wine list. The bar will also have 12 local craft brews on tap.
The Portland-based coffee may be rare in the D.C., but including a coffee bar also puts Renegade in competition with a Peet’s Coffee across the street, as well as Clarendon’s other coffee mainstays: Northside Social, Starbucks, Waterhouse Coffee, Bakeshop, Oby Lee, Detour Coffee, Dunkin Donuts, Heritage Brewing, and the future East West Cafe and Kaldi’s Social House.
Renegade, which Crump originally called “The Grill on Highland,” also aims to book weekly bands for live music on its 20-foot stage. The chef said he hoped to fill the hole left by longtime music cafe IOTA’s closure two years ago.
Once open, the business will operate seven days a week from 6 a.m.-10 p.m. Monday through Wednesday, 6 a.m.-2 a.m. Thursday and Friday, and 7 a.m. to 2 a.m. Saturday and Sunday.
More from a press release, after the jump.
Children’s bounce gym Jumping Joeys is eying a mid-fall opening at its new Clarendon location.
The company, which has an existing location in Falls Church and formerly operated a gym across from Washington-Liberty High School, is coming to the former Washington Sports Club space at 2800 Clarendon Blvd.
In a Facebook post late last month, Jumping Joeys said it hopes “to start having parties at the beginning of November” at its new location. The extent of the construction progress inside, however, is unclear due to window coverings.
A shuttered restaurant space in Ballston is getting a makeover now that a new wellness center with botox services is moving in.
Posters for D.C.-based Javan Wellness advertise a late summer 2019 opening for its new space space at 4000 Wilson Blvd in Ballston. Co-owner Anita Abdeshahian told ARLnow today (Wednesday) that the business is eyeing an October opening after some construction delays bumped their original September plans.
The wellness center offers botox, dermal fillers, laser hair removal, and IV hydration among other services, and the location will be Javan’s second after it debuted on U Street last year.
“I personally have looked into moving to the Ballston area,” she said. “I love the atmosphere, the people, it just seems like such a great location for young professionals. They’re just happy people who want to have a good time.”
The wellness center is filling in the space which once housed Mike Isabella’s restaurant Pepita Cantina, which opened in 2015.
The Mexican restaurant closed in 2018, along with Isabella’s neighboring restaurants Kapnos Taverna and Yona after Isabella settled a lawsuit that accused him and his business partners of groping and sexually harassing female staff and declared bankruptcy.
Now Abdeshahian and her co-owner and brother Dr. Ehsan Abdeshahian are planning an October grand opening party with music and skincare product giveaways. But first, she says they’ll put the final touches on the medical space she hopes will be designed with an “artistic” flare instead of a sterile one.
“It looks like at this point we’re just waiting on some permits and certifications and things like that,” added Abdeshahian.
The new Harris Teeter along Columbia Pike appears to be one step closer to opening.
State records indicate that the grocery store replacing the Food Star market at the corner of the Pike and S. George Mason Drive applied for a Virginia ABC permit to sell wine and beer last week, and a Harris Teeter spokeswoman said it’s expected to open soon.
The spokeswoman told ARLnow yesterday (Monday) that the new store at 950 S. George Mason Drive had an “anticipated opening date of fall 2019,” but did not provide an exact opening date. Previously, a spokesperson said the store was slated to open in late 2019.
The finished store will have 50,000 square feet of space and is part of the redevelopment of the Columbia Pike Village Center that demolished the shopping center that Food Star, EvolveAll fitness studio, and several other small businesses inhabited.
As part of the project, dubbed Centro Arlington, developers are also building a 22,150 square foot public space, 31,530 square feet of space for other retailers, a three-level parking garage, and 365 market rate apartments.
Pop-up hotelier WhyHotel is planning to open around 150 temporary hotel rooms in the new apartment building this fall.
Arlington’s first indoor running studio is coming soon to Clarendon.
Formula Running Center will feature coached treadmill workouts focusing on high-intensity intervals training and high performance recovery, with classes catered to runners of all fitness levels.
Additional features in the space include full-body cryotherapy, an infrared sauna, a cold water plunge pod, stretching classes, and more.
“Our comprehensive list of classes and recovery services is made to keep you hitting the tread, pounding the pavement, and crushing personal fitness goals,” the company wrote on its Facebook page.
Formula Running Center is slated to open this fall, according to owner Christopher Hoffman. It will be located on the first floor of the office building at 3101 Wilson Blvd, in the former American Tap Room Space.
The member-based running and fitness center was previously called “FootFire” in permit filings last year.
The studio applied for a construction permit in April, per county records. It will join the ranks of nearby boutique fitness studios SoulCycle and Barry’s Bootcamp, among others, and is also just steps from the Clarendon Metro station and running store Pacers.
The studio is sponsoring the upcoming Clarendon Day Run on Saturday, September 21.
The yoga studio at 4201 Wilson Blvd is celebrating its opening with a series of deals. CorePower’s Black Tag Membership is offered at 10 percent off for the first month, in addition to having the first week of classes free. The studio had been holding a series of free outdoor, public classes in advance of its opening.
CorePower Yoga bills itself as welcoming to all skill levels, with a blend of intense physical workout and mindfulness.
The 3,410 square-foot location has two studios and a full locker room, according to staff at CorePower Yoga. The location officially opened Thursday, Aug. 22.
JPMorgan Chase is continuing its Mid-Atlantic expansion with a new bank branch in Ballston.
A Chase Bank location is currently under construction at 850 N. Randolph Street, in the former Pizza Autentica space. Permits show the new branch will include a coffee bar, among other amenities.
No word yet on when the Ballston location will open.


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Google is unveiling a new version of its Google Groups service, one that’s designed specifically for business use.
For those of you who haven’t tried them, a Google Group is basically an email list. The existing service is meant for casual users, though it’s also included as part of Google Apps, the company’s bundle of web-based office tools. (We’ve actually created a number of Groups for communicating within VentureBeat.)
Google improved Groups recently by adding the ability to share Docs, Calendars, and more with a group, rather than individual email addresses. And now the company has added a couple of major features to help Groups meet the needs of large companies and organizations:
- Searchable archives — If a team member wants to revisit how a particular decision was made or how a particular conversation proceeded, they can find the full records in this archive.
- User-managed groups — At a large company, an IT administrator may not have time to manage each and every group, so now they can offload that responsibility onto other group members. The IT manager retains control of the group’s policies, but a department head, for example, could add and remove names from the department mailing list.
Besides the new features, Apps Product manager Rajen Sheth said Google has been making “tremendous” improvements to Groups’ infrastructure over the past year, so it should work more quickly and reliably.
Google said the new version of Groups is available as part of Premier Edition (which costs $50 per user per year) and Education Edition (which is offered to educational organizations like universities). It’s not part of the free standard edition. Apps Product Manager Rajen Sheth said that’s because the new features aren’t really built for the small businesses using the free version.
“What we’re seeing is, the demand for this is essentially in larger organizations,” he said.
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It's existing investors, which includes Chinese internet giant Alibaba and its payments affiliate Alipay, are also participating in the new round of financing.
The company aims to offer 50,000 deals, which will drive in the business and scale up number of daily transactions from 15,000.
Along with Paytm, a large "undisclosed investor", SAIF Partners and Tiger Global participated in the round, it said in a statement.
Private equity firm Saif Partners has appointed Alok Goel, former CEO of Freecharge and among India's top executives in consumer internet sector, as managing director.
When most companies are blocking employee access to social media networks, a few are going the other extreme.
Paytm's mobile wallet will soon be accepted at quick service restaurants including Domino's and CCD, as it forays into the offline retail space in next 2 months.
Tech startups have emerged the top draw for VC investors so far this year, as early stage investors breached $1 bn in investments in the country.
Daily Rounds, a mobile app that compiles case studies and quizzes for doctors, has raised a seed round Rs 3 crore ($500,000) from venture capital firm Kae Capital.


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Observatory Crest in pictures
News about Observatory Crest
Arrow, who recently bought local Australian distributor Observatory Crest, held their Christmas partner drinks at the Firehouse in North Sydney.
Architecture vendor, Gigamon, signed Arrow ECS as distributor for Australia and New Zealand (A/NZ) in September 2013 as one of the first steps in developing a dynamic channel organisation to address the specific needs of the region.
Avnet Technology Solutions has signed a master distribution agreement with Californian flash vendor, Tintri.
Computer security distributor, Arrow Electronics, has acquired Sydney headquartered distributor Observatory Crest.
Just as the antivirus market played out where the solution can be found everywhere, FireEye wants to do the same with virtualisation.
Californian flash storage vendor, Tintri, has signed Observatory Crest as its first distributor in Australia and New Zealand (A/NZ).
Flash storage vendor Pure Storage has signed Southern Cross Computer Systems and Oriel Technologies to resell its new entry level and high capacity flash arrays.
Deloitte has named the companies that have graced its Technology Fast50 list this year, with Kogan (3), InfoReady (7) and Virtual Machine Technology rounding out the top 10.
- Apple back on top of Top 100 Global Brands list
- Lendlease revitalises branding to match next pipeline of projects
- CMO interview: Austbroker’s head of marketing on global thinking, digital delivery and data
- Qantas sets up new panel for Red Planet to conduct market research
- Updated: REA's marketing strategy chief takes CMO post at MYOB
- Printer shipments slide despite “strong start” to 2015
- Optus Vision 2015: Patairidis - from telco to ICT company
- Bain Capital finalises Blue Coat acquisition
- Hunting crooks on a digital playground
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- 04 Jun
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- View all events


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New Delhi, India (PressExposure) November 25, 2009 -- Clickindia Infomedia Pvt Ltd, which owns and manages http://www.clickindia.com - India's leading free classifieds website, has been announced a Red Herring 100 Asia 2009 Winner. The award recognizes the 100 "Most Promising" companies in Asia driving the future of technology.
Red Herring Inc on November 19, 2009 announced the list of 100 private companies from Asia which have been honoured with this recognition. The editorial staff of California headquartered media company evaluated more than 800 private companies based on parameters like company financial, strategy execution, management quality, and dedication to research and development before revealing the final list of winners.
"It has been a challenging and revealing year for most companies across the globe, yet Red Herring received a very impressive list of nominations from Asia Pacific,â said Alex Vieux, CEO of Red Herring. âCompanies that believe in constant innovation and consistent strategy, investing in people and technology, managed to overcome these difficult times and Clickindia Infomedia Pvt Ltd is one of them. They will certainly thrive in the marketplace and become a formidable force in the future."
On receiving the award, Pankaj Agarwal, CEO of Clickindia Infomedia Pvt. Ltd. said, "Clickindia is honoured to receive the Red Herring 100 Asia 2009 Winners Award. We are thankful to Red Herring and the users of Clickindia.com. The recognition would encourage us to work even harder."
About Clickindia: It is one of the largest classifieds players in India & growing consistently. It was started in 2007 and has gained strong user loyalty who are benefiting from posting their advertisements for free. It is also present in mobile space with its site http://wap.clickindia.com/ which is also getting popular among mobile Internet users in India.
The list of Red Herring 100 Asia 2009 Winners is available on [http://www.redherring.com/Home/26233]


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Painter’s Tape Gets Adhesive Revamp
Shurtape Technologies LLC says it has reformulated its medium adhesion painter’s tape to meet the durability demands of today’s painting projects.
CP 27 can be used on interior or exterior surfaces, and removes cleanly for up to 14 days without damage from painted walls, trim, woodwork, glass and metal, the company says.
The paper tape has been engineered with a new synthetic rubber-based adhesive, a feature that allows for clean removal without surface damage, according to Shurtape.
The company says the new adhesive also increases tack, so that the tape stays affixed to surfaces, helping to prevent lifting and paint seepage.
Cleaner paint lines are also achieved as the combination of paper and adhesive results in lower stretch and less flagging, the company notes.
The product is available at Sherwin-Williams stores nationwide.
Based in Hickory, NC, Shurtape Technologies manufactures a variety of pressure sensitive tapes.
More information: shurtape.com.


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About a month ago we found a patent by Apple for an in-car remote control system. At the time, we weren't completely sure what that patent was for, assuming it had to do with music. It still might, but today Apple announced that it is integrating its voice-command service called Siri with the hands-free button on some automakers' steering wheels.
During the keynote at Apple's World Wide Developers Conference, it was announced that a new hands-free solution called Eyes Free will be launched with auto manufactures over the next 12 months. The solution will integrate the hands-free hardware button on the steering wheel of many new cars to activate Siri on Apple's iPhone and iPad.
Apple also announced nine automakers are already on board to help launch Eyes Free over the next twelve months, including: BMW, GM, Mercedes-Benz, Land Rover, Jaguar, Audi, Toyota, Honda, and Chrysler. Notably absent from the list are Ford and Hyundai/Kia. Those automakers are currently using infotainment systems with Microsoft technology as the back end.
Think about this level of smartphone integration and tell us if you think this is the wave of the future in the comments below.


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10 April 2008
Skyjack has been talking about being a full-line aerial platform producer for some years, and there is no doubting the seriousness of the project. It's just that, for Ken McDougall, it can't happen quickly enough.
The development of the new 40 and 45 telescopic booms “took too long for my liking”, he tells Access International, speaking in the board room of Skyjack's Guelph head office, “Our biggest priority is product development – we need to get a full line of designs.”
Mr McDougall joined Skyjack from its parent company Linamar just five months before the last APEX exhibition in 2005, and is now group president of Linamar's industrial division, which includes Skyjack, and is running the business alongside Lloyd Spalding, Skyjack president, before Mr Spalding's retirement at the end of February.
He has a clear strategy to increase the pace of product development. The in-house engineering team has increased by 30% over the past year, and there are now four separate product design teams focusing on both the new boom products planned and extensions and updates to its core scissor range.
“I want two new products a year”, he says, and he means two families rather than two models. So, for example, he counts as a single product the two new 61 ft and 66 ft telescopics that will be launched at the Rental Show in February.
Also on the cards on the boom side are 45 ft articulated models (slated for the first quarter of 2009), a 60 ft articulated and 60 and 80 ft telescopic models as well as 35 ft and 45 ft narrow articulated booms.
The design team will also be strengthened by a new Skyjack technical development centre in Guelph, construction of which – aided by government grants – will start next year. Meanwhile, David Hill, the English ex-Grove design engineer and current Skyjack European product manager, now assumes global product development responsibility and will report directly to Mr McDougall.
More than booms
The activity on the booms is, of course, just one piece of the product development pie: the company now has telehandlers following its acquisition of Carelift (see box story), and it continues to develop its scissor lifts, including a new 9242 rough terrain model, a scissor that will have the same 24 ft long dual-deck platform as the 9250 but on a 41-42 ft scissor stack (see our scissor feature in the January-February issue of AI).
If the push is on to develop new products, almost equally important is developments in the company's European business, especially since it is the European and wider international market that are growing so dramatically just as North American demand starts to level off. “North America is going to soften, and we want to be more global”, says Mr McDougall.
One aim is to increase the volume and range of production at Linamar's Hungarian facility where the small 3220 and 3226 electric scissors have been made for several years. “We're focusing on the electrics”, says Mr McDougall, “we'll have the full line of electric scissors [made in Hungary] by the end of next year .” The 46 range will be next to arrive, followed by the 19s.
These Hungarian produced models will also now be what he calls “soft metric”, which means that – unlike the first scissors – will be interchangeable with North American product. It will be 2009 before Hungarian production of rough terrain scissors will start. What about booms in Hungary? There is no commitment from Mr McDougall, only the comment that “ideally you produce for the market in the market.”
Plans for Europe
Other developments in Europe include continued efforts to expand sales outside of the UK, where Skyjack has historically and currently performed very well. Skyjack UK's Charlie Patterson is soon to get some help with the appointment of Alan Dengo as European business development manager. Mr Dengo was formerly Skyjack's inside sales and credit manager.
One of the priorities here will be to secure a German facility. Earlier this year it also acquired Nordic Lift (NC-Lift), its Swedish distributor. “We're still very UK based”, acknowledges Mr McDougall, “The NC purchase is a start.”
The elevation of a Linamar employee to the top job at Skyjack is another sign of the close involvement that the owner is taking in the Skyjack business. Linamar, a C$2.3 billion (US$2.35 billion), global automotive component manufacturer, is prepared to invest to make Skyjack one of the big-league access manufacturers, and also brings expertise in manufacturing and purchasing.
Skyjack is already benefiting in ways other than simple investment. Linamar supplies Skyjack's hydraulic cylinders, its rough terrain axles and, soon, its hydraulic manifolds. This gives Skyjack security of supply in important components as well as good visibility on its production costs.
Linamar will be looking for a healthy return on its investment, of course. Despite what Ken McDougall says about the US market – he reckons that any softening will “not be big” – he says Skyjack is on track to expand; “We're targeting 15-20% every year, and I think we'll do that this year and next.”


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Apple Inc. has announced the cancellation of its decade-long effort to build an electric car, marking the end of one of the company’s most ambitious projects to date. The decision, disclosed internally by Chief Operating Officer Jeff Williams and Vice President Kevin Lynch, came as a surprise to nearly 2,000 employees working on the project.
The Origins of the Electric Car Project
Apple’s foray into the electric car market, known internally as Project Titan, began around 2014 with the goal of developing a fully autonomous electric vehicle. The project aimed to leverage Apple’s expertise in technology and design to create a revolutionary product that would disrupt the automotive industry. However, the project faced numerous challenges from the outset, including leadership changes and strategic shifts in direction.
Challenges Faced During Development
Despite initial optimism, Project Titan encountered difficulties throughout its development process. Leadership changes within the project’s team and strategic shifts in direction contributed to ongoing challenges. Crackling self-driving technology posed a significant hurdle and Apple conducted extensive road tests of its autonomous system using a fleet of Lexus SUVs in the United States, in addition to testing secretive components at a track in Phoenix, formerly owned by Chrysler. However, progress was slow, and the project struggled to meet its ambitious goals.
Market Dynamics and Industry Trends
The decision to cancel the electric car project reflects broader trends in the automotive industry, including cooling demand for electric vehicles and shifting consumer preferences. High prices, a lack of charging infrastructure, and manufacturing bottlenecks have dampened mainstream adoption of EVs, prompting automakers to pivot towards hybrid vehicles. Even Tesla, the pioneer of the EV revolution, has warned of slowing growth rates and tempered expansion plans
Implications for Apple and the Automotive Industry
The cancellation of the electric car project represents a significant setback for Apple, marking the end of a multibillion-dollar effort to enter the automotive market. The company considered delaying the car’s release until 2028 and scaling back its self-driving capabilities from Level 4 to Level 2+ technology. Throughout the project, Apple collaborated with designers from renowned automotive brands such as Aston Martin, Lamborghini, Porsche, and BMW.
However, the decision to shift resources towards AI projects underscores the company’s strategic focus on long-term profitability. By investing in generative AI technologies, Apple aims to capitalize on emerging trends in artificial intelligence and machine learning.
Transitioning Resources to AI Projects
The decision to shift resources from the electric car project to AI initiatives reflects Apple’s strategic priorities and long-term growth objectives. Generative AI projects, under the leadership of John Giannandrea, offer new opportunities for innovation and revenue generation. By reallocating talent and expertise from the car team to the AI division, Apple aims to capitalize on the transformative potential of artificial intelligence.
Financial and Strategic Considerations
The cancellation of the electric car project reflects Apple’s commitment to financial discipline and prudent resource allocation. Concerns about the project’s profitability and the uncertain outlook for EVs contributed to the decision to wind down operations. By redirecting investments towards AI projects, Apple aims to maximize shareholder value and position itself for future growth opportunities.
Apple’s decision to cancel its electric car project marks the end of a decade-long effort to enter the automotive market. Despite significant investment and ambitious goals, the project faced insurmountable challenges and failed to meet expectations. By shifting resources towards AI projects, Apple aims to capitalize on emerging trends in artificial intelligence and position itself for long-term success. While the cancellation of the electric car project represents a setback, it underscores Apple’s commitment to strategic focus and financial discipline in pursuit of sustainable growth.


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Visitors can purchase any items they want at whatever price they want and donate it to the Food Drive.
CAPE MAY, N.J. -
The Cape May Brewing Company will be holding its first-ever Food Drive Fund Drive to help the Community FoodBank of New Jersey.
On Thursday, December 14th, Cape May Brewery will create a mini-grocery store in its Tasting Room from noon-8 p.m. Visitors can purchase any items they want from the mini-grocery store at whatever price they choose and donate it to the Food Drive.
“Childhood hunger is an epidemic in our state,” said Cape May Brewing Company CEO and co-founder Ryan Krill. “And we wanted to do more than simply collect food or cut a check. That’s why we’ve partnered with the Community FoodBank of New Jersey for our annual Food Drive, and we’re doing what we can to raise as much money as possible for them.”
People that donate will receive one 4-ounce tasting of their choice from the Brewery. All the money raised on Dec. 14th will be donated to the Community FoodBank of New Jersey.
“Cape May County has the highest percent of childhood food insecurity with 19.8 percent of Cape May children not knowing where their nutritious meal is coming from,” said Richard Uniacke, VP of Southern Branch, The Community FoodBank of NJ. “While these families struggle all year long, during the holidays, we make a tremendous push to ensure that each and every child has a wonderful holiday meal on their table.”
The Community FoodBank works with more than 300 agencies in Atlantic, Cape May, and Cumberland counties to distribute more than 10 million pounds of food in just southern New Jersey alone.
For every $1 donated to the Community FoodBank of New Jersey, the group is able to distribute $8 worth of food to families throughout southern New Jersey.
For more information on the Community FoodBank of New Jersey, see cfbnj.org.
For more information on Cape May Brewing Company, including tours and tastings, see capemaybrewery.com, or call (609) 849-9933.


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Premier Tech goes to Brazil
By Canadian Packaging staffGeneral Palletizing Robotics Almeida Martins Packaging company acquisition Premier Tech Chronos
Premier Tech Chronos now in Brazil with acquisition of material handling and robotics specialist.
Premier Tech Chronos, a global leader in packaging equipment, continues its international evolution with the announced acquisition of Almeida Martins, its 10th acquisition in the past 15 years.
Almeida Martins is a Brazil-based company founded in 1993 dedicated to helping companies with robotic solutions for packaging and material handling. Almeida Martins advanced technologies and machine capabilities is now used by more than 800 companies in Brazil.
Premier Tech Chronos and Almeida Martins share a common mission—to enrich the lives of its clients, and make each experience as seamless as possible.
This acquisition will considerably improve Premier Tech Chronos capabilities to better serve global accounts in Brazil and reinforce its brands recognition in this strategic market.
Together, both companies expect to achieve much more in the years to come for its customers looking for packaging line solutions.
Premier Tech Chronos is globally-recognized for its innovative and customized packaging, material handling and bulk processing solutions.
Through the numerous acquisitions it has made over the years, PTC has integrated a great deal of technological knowledge and expertise, now offering what it says is the most complete range of equipment in the industry.
Premier Tech’s Industrial Equipment Group maintains its international headquarters in Rivière-du-Loup, Québec, Canada.
To learn more about Premier Tech Chronos, visit www.ptchronos.com.


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From debuting virtual idols to holding interactive concerts and creating digital content, South Korea’s entertainment companies have been quick to dive into the metaverse to help K-pop stars expand their reach beyond the physical world.
Girl group Blackpink, for one, stormed into the metaverse platform ZEPETO as avatars first in mid-2020. The four-member group then held a virtual fan signing event – which drew more than 46 million fans – and performed together with American singer Selena Gomez.
YG Entertainment, which represents Blackpink, said the collaboration allowed millions of fans to easily create Blackpink content, wear Blackpink-themed items and dance to their newest songs, which “would not be easily doable in real life”.
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Damien Hirst is no stranger to controversy. Part of the Young British Artist movement, he first shot to worldwide fame in the 1980s for creating artworks of bisected animals in tanks of formaldehyde. The artworks had names like mother and calf divided, and they split public opinion too. Hirst is now asking his audience to think about the nature of art once more.
On this occasion, he had a burning issue that he wanted to address. He asked if the future of art is in the physical or digital realm. Can art exist without being there? Can virtual art ever replace a unique, original piece? To answer the question, Damien Hirst created a project called The Currency which saw him burn thousands of paintings at his London gallery.
Hirst is well known for his dot paintings. He created 10,000 unique images six years ago and offered them to the market for £2,000 each. The pictures measured 20 x 30cm. Each one was franked with a hologram of his face. A corresponding NFT was also created. If people opted for the NFT, the physical artwork would be destroyed. The NFT was taken out of circulation if they chose the physical version.
When the project first launched, his manager said that only five percent of people chose the physical version. They had a whole year to make up their minds. However, the balance had shifted when the deadline expired earlier this year. In the end, 5,149 buyers chose the physical paintings, and 4,851 NFTs survived. One thousand of the NFTs were kept by the artist as a mark of confidence in the future of that market.
Then rather than having an opening event, Hirst organized a closing event. He set up mini incinerators in his London gallery, and the paper artworks that had not been chosen were burned. Hirst described The Currency as an ‘interesting’ experiment. One of his dot paintings facing the bonfire was titled “None of this mattered.”
Whether the future of art will be in NFTs is still debatable. Some of them have sold for millions of dollars but have turned out to be damp squibs. For example, a collector paid in the region of $3 million for an NFT of Twitter founder Jack Dorsey’s first tweet. However, when he tried to sell it, he could not attract a bid to meet the reserve of $30,000. So it is still early days for NFTs and museums, and other key players in the art market are continuing to explore their potential.
At the moment, NFTs appear to be a niche market still. While over 300 million people use crypto, only a tiny fraction have bought an NFT. Ownership is limited to a few hundred thousand people. NFTs are also being offered as incentives and promotional material, even in industries which one might not expect. For example, one of the top free slots online offered by Red Gaming, named NFT Megaways, offers players the chance to win a cash prize and play around with “Crypto Punk” multipliers.
It is not just the art and gambling world that has been experimenting with NFTs. Many celebrities have been making NFT products for their fans to collect. For example, former First Lady Melania Trump offered an NFT of a painting of her eyes for collectors to buy. However, it seems that celebrities are doing more buying than selling. For example, the Bored Ape Yacht Club project saw owners like Justin Bieber, Eminem and Madonna coming on board.
Nike and RTFKT launched CryptoKicks, a line of virtual trainer NFTs. The trainers sold for up to $134,000. For a trainer collector, the NFT has the advantage of not taking up any closet space.
NFTs are still a relatively new technology. The CEO of Ad Astra, an NFT agency, says that their benefits have not yet been fully realized. She said the market was cooling down after an initial period of hype. Whatever their value, their aesthetic appeal continues. The advice is to buy them for enjoyment rather than as commodities.


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Falling prices in the Flash Memory sector have hit manufacturer SanDisk hard in 2008 – their share price has dropped over 50% in the last six months and it looks like a takeover big from Samsung is on the cards. Samsung’s official comment is “We are looking at various opportunities regarding SanDisk, but nothing has been decided yet”, but with the company paying SanDisk more than US$350 million per year in licensing fees an acquisition would represent a big saving for Samsung, in addition to dramatically increasing their production capacity at a time when economies of scale are all-important in the memory sector.
Toshiba, it seems, could be a thorn in Samsung’s side though. Toshiba lag well behind Samsung in production capacity and wouldn’t like their rival to pull even further ahead, so a spoiler bid could be on the cards, Reuters reports.
The impact on consumers is hard to predict at this stage. Tosh buying SanDisk could help competition and lead to chip prices falling even further. On the other hand a Samsung acquisition would consolidate even more power in the Korean firm’s hands and might put them in to a position to start dictating prices to the market. We’ll have to wait and see.


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Bitcoin’s price has dipped below $18,000, marking a decline of more than $1,300 since the start of the day’s trading.
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The Law, the ‘Outlaws’ and Ad Tech’s O.K. Corral
26 June 2019
Programmatic advertising is often likened by commentators to the Wild West: some because they consider it to be a lawless place where anything goes; others because it pushes boundaries and is creating a new frontier. Wherever you stand on that metaphor, ad tech is looking like it’s about to have its own ‘Gunfight at the O.K. Corral’ moment – a shootout in the EU prompted by a long-simmering feud between privacy’s ‘lawmen’ and the advertising industry’s ‘outlaws’ finally boiling over.
The first shots have already been fired. The French sheriff, CNIL, went in guns blazing last year, in quick succession taking out Teemo, Fidzup, Singlespot and (most famously, because it involved the IAB’s Transparency and Consent Framework which many ‘outlaws’ are banking on to turn them into ‘honest’ men) Vectaury – four French ad tech companies which provide ad targeting based on geolocation data.
CNIL also wrestled a six-shooter from its counterparts in other EU states for the chance to put Google in its post-GDPR enforcement crosshairs. The French sheriff landed a shot, causing the Silicon Valley giant to bleed 50 million pieces of European copper and zinc for lack of transparency, inadequate information and lack of valid consent regarding ad personalisation. More than a flesh wound perhaps, but the fine certainly won’t be fatal.
The UK’s ICO has taken a different tack. After months spent recceing Tombstone, engaging in bilateral talks with stakeholders, surveying the public and convening an ad tech fact-finding forum to deepen her Office’s understanding, sheriff Denham has just released her update report into ad tech and real time bidding which sets out her Office’s findings so far. In a sentence (her words): “the adtech industry appears immature in its understanding of data protection requirements”.
Whilst a definitive view is yet to be reached, sheriff Denham has “general, systemic concerns around the level of compliance of RTB”. She has therefore prioritised two areas for further analysis and exploration: processing special category data without explicit consent, and the complexity of the data supply chain. Next steps involve targeted information-gathering activities, continued engagement with key stakeholders (including a further fact-finding forum in the autumn), cooperation with other data protection authorities, and a possible industry sweep. In the meantime, she expects ad tech data controllers to “re-evaluate their approach to privacy notices, use of personal data, and the lawful bases they apply within the RTB ecosystem.”
Despite reports of cattle-rustling taking place under her watch, the Irish DPC’s perceived inactivity during her tenure has prompted some to suggest – unfairly perhaps – that sheriff Dixon is a soft touch. But, doubtless encouraged by the French sheriff landing a shot, sheriff Dixon has recently put up her own wanted poster for Google, announcing a statutory inquiry into its Irish affiliate’s online ad exchange. Rumour has it that more posters will follow, featuring other familiar faces from the Valley. Let’s see what prices she puts on their heads.
And what of the ‘vigilantes’ who, tired of inertia, are starting to take the law into their own hands? Max Schrems’ association ‘None Of Your Business’, and the 10,000-strong ‘La Quadrature du Net’, prompted CNIL to take on Google. Dr Johnny Ryan put on a ‘Brave’ face, and is behind various complaints about online behavioural advertising to sheriffs in the UK and Ireland – prompting others to follow suit across the EU. In one such complaint, Dr Ryan is seeking to challenge IAB Europe’s ‘cookie wall’, ‘cookie notice’ and guidance on cookies. Sheriff Dixon even cited him as a catalyst for her statutory inquiry into Google Ireland. Privacy International is bringing up the rear with its own complaints against data brokers, ad tech companies, and credit referencing agencies in the UK, Ireland and France.
Part of the trouble is that, as a matter of law, there’s been much uncertainty even as to which ‘outlaws’ are in control, and which ones are just doing what they’re told. The maroon-robed justices of Europe’s highest court have been slow to offer much guidance. But we’ve at least now got the Facebook Fan Pages and Jehovah’s Witnesses cases on the concept of controllership, with the promise of more to follow. Separately, on cookie consents, Advocate General Szpunar’s opinion on the Planet49 case has also now been delivered.
The GDPR has been a catalyst for this shootout, in particular by raising the bar on consent. No surprise then that the e-Privacy Regulation – which was due to ride into town with the GDPR last May – saw the chaos that had been unleashed, got cold feet and turned around, then galloped off into the sunset. It may or may not return any time soon.
The gunfight at the O.K. Corral was said to symbolise a change in the United States, as its Western frontier disappeared and the rapidly industrialising nation evolved from a farming economy. As we now advance rapidly into a digital economy, confrontations between privacy and innovation are becoming the norm in the EU. No sector is immune – not least advertising. But privacy is not, and must not be, a zero-sum game. So in the shootout, whilst some casualties are likely, we need to make sure that privacy doesn’t kill off the very innovation that is helping to drive that change.


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Shanghai Zhizhen first sued Apple for patent infringement in 2012 regarding its voice recognition technology. In July, China's Supreme People's court ruled that the patent was valid.
Under the new proposed deal, ByteDance would exit completely and Microsoft Corp would take over TikTok in the United States.
The telco has already developed its own technology which powers its voice over LTE (VoLTE) services nationally and handles more than 10 billion minutes of calls on a daily basis.
Through investments in R&D and high-quality manufacturing infrastructure, we are confident of achieving our aspiration of serving 5 million patients through our biosimilars portfolio, CEO Hamachar said
Big Tech is even buying amid a world economy ravaged by the coronavirus pandemic.
Rivals may have a first-mover advantage in developing technology, filing patents
The setbacks will have little effect in the next few quarters, but will cause a years-long domino effect, delaying chips meant to counter the rise of rivals AMD and Nvidia
SpaceX's Crew Dragon capsule delivered NASA astronauts Bob Behnken and Doug Hurley to the International Space Station in May, marking the first U.S. space capsule to do so with a crew since 2011.
A small but increasing number of agrarians are employing technology to take the guesswork out of their profession
Ambani still has to demonstrate that one firm can be India's answer to everything, from Zoom and Tencent to Huawei and Xiaomi, while also being a large telco like Verizon.
The company also plans to offer tech to telcos globally, pitting Jio against companies such as Nokia, Ericsson and Huawei
Private sector lender ICICI Bank will be among the first banks to roll out the facility across cities like Mumbai, Delhi, Chennai and Bangalore.
SoftBank acquired Arm for $32 billion in 2016, its largest-ever purchase, in part to expand into the internet of things
India's app economy is growing very powerfully, but we must not just download apps, says Ravi Shankar Prasad.
One of the sources said that Coinbase, which was valued at more than $8 billion in its latest private fundraising round in 2018, is exploring going public via a direct listing
EV sales, like sales of traditional petrol and diesel-powered automobiles, are expected to remain subdued in the current fiscal year
UK government to provide $500 million and take a significant share in the company; Bharti arm to invest rest
Chief Executive Officer Elon Musk has ignored or broken many of the established auto industry’s rules and norms in the 10 years since he took Tesla public
Ease of doing business and artificial intelligence (AI) should be the two big thrust areas in the next few years of the government’s Digital India initiative.
India’s aviation regulator has approved the Agriculture Ministry’s request to operate drones at night


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In 2023, Philadelphia-based startup REC, also known as REC Philly, will call Miami it's second home as they launch REC Miami behind their partnership with Diddy. Located in Little River, a neighborhood adjacent to Little Haiti, REC Miami will bring a 12,000-square-foot creative facility equipped with multiple recording studios, photo/video production studios, editing bays, podcast studios, dance studios, design studios, an event venue, coworking space and the in-house production equipment needed to create high-quality media.
Sean Combs Capital invested $2 million into REC leading the round and aiding in their current expansion. Combs Enterprises will not only utilize REC’s spaces but also plans to tap into the creative talent to amplify the brands under his umbrella. With his investment, REC joins Combs Enterprises Portfolio of investments.
“Our goal is to make sure that independent creators have the information, tools, and resources needed to win and level the playing field,'' said Sean Diddy Combs. “This partnership is about the future of the creator economy and helping REC expand to serve more creators in cities and countries around the world.”
REC was founded in 2015, by Forbes 30 Under 30 recipients Will Toms and Dave Silver as a creative incubator and creative agency ecosystem that exists to empower independent creators to build sustainable and scalable businesses. It is a physical space and digital platform designed and dedicated to providing creators with the resources, community, and opportunities that they need to fully cultivate their passions. With one thousand active members and brand partnerships including Live Nation, Comcast, and Cash App, REC is proving that its “creators first approach” is impactful and profitable.
Since its inception, REC’s model has helped pay out nearly $2 million directly to members of its community by way of its creative agency. This is a win for creators of color given the ongoing issue of pay gaps on major social media platforms. In 2020, influencer marketing agency SevenSix conducted a survey that reported 56% of Black respondents believed that their ethnicity negatively impacted the amount they earned. In 2021, global communications firm MSL found that the racial pay gap between white and BIPOC influencers was 29% and 35% between white and Black influencers.
REC cofounders Will Toms and Dave Silver along with Combs Enterprise president Tarik Brooks sat for questions with For(bes) The Culture. The questions have been curated and edited for clarity and brevity.
For(bes) The Culture: Why is it important to invest in Black creators and creators of color?
Tarik Brooks: Black creators are the soul of creativity in American culture. We have to acknowledge how systematic racism has impacted our community and then create solutions to counter that. I know Diddy is committed to using his platform and network to help make change and uplift Black creators.
For(bes) The Culture: How did REC get started?
Dave Silver: We have produced thousands of shows in Philadelphia and around the country. And we realized the challenges that we had at that time were how to figure out the business and how to get paid to be ourselves and to be creative. With us living with those challenges as well as trying to find a community of like-minded creative entrepreneurs. So, we got a warehouse in north Philly where we could meet our own needs.
For(bes) The Culture: What is holding Black creatives back from getting the exposure they need?
Will Toms: There is a culture of gatekeepers, and gatekeepers feel if artists or creators want to get to a large audience, they need to give up ownership and IP. This scenario isn’t a level playing field for Black creatives. So for us, we needed to create something that gave Black creatives a place to get the resources they need without those gatekeepers.
For Toms, Silver, and their team, Philly and Miami are just the beginning of the fast-growing REC vision. The collective is actively seeking leaders in cities around the world to bring the model to the next.
“Our key focus is turning artists and creators into creative entrepreneurs. We’ve known since the beginning that we weren't just solving a Philadelphia problem. Access to resources, strategies, and opportunities is a global challenge for creatives everywhere, and with Diddy’s support, we’re excited to bring our solution to communities beyond our hometown of Philly,” said Will Toms, Co-founder of REC.
Learn how to get involved with REC at JoinREC.com


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2 Rivers communications is blasting Charter Communications over the company’s loss of the most lucrative channel to TV in the U.S. 2 Rivers said in a blog post that the loss of a channel worth about $1 billion is a “major blow” to the company, which had more than 400 million subscribers in the fourth quarter of 2016.
The company said it will also lay off about 1,000 employees, while raising $1.1 billion to invest in its networks and infrastructure.
Charter Communications said the losses will affect customers across the country.
The loss is particularly bad because the channel was in the hands of Comcast, which operates the popular Xfinity TV service.
The merger with Charter would give Comcast the second-largest cable company in the country, and it also has the third-largest Internet service provider in the world.
Charter declined to comment on the blog post.
2 Networks, a media and communications consulting firm that has worked on many big-name deals, said the channel’s loss will hurt 2 Rivers’ business.
It will make it harder to deliver the network and technology it needs to keep pace with demand, said Andrew Saks, the company co-founder and chief executive officer.
Rivers said the loss could be significant to 2 Rivers, which has $1,300 million in annual revenue.
In the fourth-quarter, 2 Rivers posted revenue of $4.3 billion, and the loss will put the company at risk of being unable to meet those numbers, he said.
2 Bridges said Charter Communications will be able to recover from the loss by renegotiating the deal, which it is already doing, or raising additional capital.
2 rivers has already cut 1,200 jobs in the past year and will be closing many more, Saks said.
Charter has hired about 200 people and plans to bring on new hires as soon as this month, he added.
“We will need to take additional actions in the near term to make the channels available to our customers,” Saks wrote.
2 streams was also one of the biggest beneficiaries of the $1 trillion merger between Comcast and Time Warner Cable.
2 Streams is a mobile content delivery company that has been in business for more than a decade.
In 2018, the companies merged to form Charter Communications.
The deal gives Charter the ability to reach customers on more devices and at higher speeds, which makes it easier for Charter to offer its service on more platforms.
2Streams CEO Dan Davenport said the network losses could be “catastrophic” for the company.
“If you’re a customer, and you’re paying for the channel to be available, you’re going to feel the pain,” he said in an interview.
2Fines & Penalties CEO and CEO of 2 Rivers &=; Pensalties, Chris Sussman, said he is “shocked” by the loss.
“There’s a lot of fear around the world of this coming,” Sussmans said in the blog.
“You can’t just take the channel and move on to the next channel.”
Sussmann said he expects Charter to take further actions in coming months.
Charter said in its statement that the channel is available for purchase, but the company is working with 2 Rivers to make sure that the channels remain available.
2,500 jobs lost at 2 Rivers after merger with TWC Read more The channel is also available to Charter customers on Comcast, Comcast’s video service provider, and Verizon FiOS customers on the company s wireless network, the statement said.
Charter’s Loss of Spectrum in America article Charter Communications has laid off more than 3,500 employees and plans more layoffs as it tries to compete with cable giant Comcast.
The channel lost about $900 million in 2017, a loss of about $8.7 billion over the previous year.
Charter is not the only cable company to have suffered from this loss, according to data from consultancy firm Towers Watson.
Comcast also lost about a third of its revenue from its broadband business.
In addition, cable companies have suffered losses in every sector except advertising and content.
The spectrum-rights market has been a big area of concern for Charter.
The market for U.K. TV channels is worth about 2 billion pounds, according the International Telecommunications Union.
The industry is hoping to protect its ability to distribute TV to millions of people in the United States and Canada.
Charter, which launched in 2003, has a $40 billion valuation and plans a $45 billion acquisition of the U,K.
satellite company Sky.


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With a few clicks of a button, you can now create a short VR film customized to reflect your current mood.
The new app called Loops comes from Invisible Light Network, an animation and design studio that works in interactive projects and short films. Loops is the first VR venture from the studio, and it premiered at Internet Yami-Ichi on Saturday.
"We've been wanting to do a project in VR for a long time," director Elliot Blanchard said. "We've also always been interested in giving people the tools to make something new, and this project kind of grew out of both of those things—VR, and co-creation."
The app, which will soon be available on Android and iOS, prompts users to rate their mood and attitude on two scales and then builds a VR loop based on the answers. It requires only a smartphone and Google Cardboard, making it more accessible than, say, a game for the Oculus Rift.
"We wanted to make it less limiting," Blanchard said. "If you make something that allows users to create their own project but you have to have expensive equipment, you would be kind of reversing it."
The app is more interactive and creative than many standard VR applications, which can seem limited to 360 video or games. The videos themselves are filled with a few dozen animated characters, and feel fairly relaxing to view, regardless of what mood you input,.
So if you like to get a little weirder with your VR, keep an eye on the app store for Loops, which will be formally released with new features in the coming weeks.


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PALMER — The Greater Palmer Chamber of Commerce is working with local businesses to encourage people to do their holiday shopping in town with their evolving Bingle and Shop Palmer programs.
The Palmer Chamber established the use of Bingles as Palmer-specific gift cards last year to incentivize local shopping in a unique way while paying tribute to the community’s colonial history.
Historically, Bingles were a special form of currency the federal government distributed to the original Mat-Su colonists to use in designated locations in Palmer.
Fireside books employee, Ruth Hulbert said they’ve received several Bingles this week.
“It’s a fun nod to Palmer’s history,” Hulbert said.
While the currency itself never took off in the 1930s, the inspirational successor has already proven to be a fun and popular program enjoyed by the shoppers and participating businesses alike, according to Palmer Chamber Executive Director Ailis Vann. She said they’ve received a lot of positive feedback, greatly encouraging them to continue growing the program.
“It’s kind of a cool part of Palmer’s history. We’re already doing better with this Bingle program that they did in the 30s,” Vann said with a laugh.
Bingles are wooden, locally crafted coins that can be spent like cash at participating locations. Vann said that on top of their historic look and feel, Bingles offer a fun and unique way to stuff stockings for friends and loved ones as well as a thoughtful way to give gifts to colleagues or those you don’t know that well. She said it’s an all-around effective way to help the community do their holiday shopping while supporting the stores they shop at every year.
“They’re pretty cool. Everybody really likes it. It turned out really well,” Vann said.
The Palmer Chamber reimburses participating locations while selling Bingles directly and incorporating them into their community efforts such as Colony Christmas. Vann said they’ve sold and given away about 30,000 Bingles through various giveaways and shopping programs such as Shop Palmer.
“We don’t make any money off it. It’s solely for the benefit of the community and the businesses here,” Vann said.
Each holiday season, participating Palme businesses stamp punchcards, giving local shoppers the opportunity to win free Bingles. Customers can pick up punchcards at participating locations across Palmer and collect stamps from Nov. 20 through Dec. 20.
“It keeps it local. It keeps it in Palmer. I think it’s a fun, creative program,” Fireside Books owner Mary Ann Cockle said.
Vann said this is their fourth year running Shop Palmer and there are 45 participating shops to choose from this year. Each punchcard contains a list of sites. Vann noted that there’s a lot of crossover between participating Shop Palmer and Bingles businesses and the two programs complement each other very well with only a few exceptions.
“I’m really excited and I think it’d a testament to the work the chamber has been doing over the years to get more business involved. It’s huge,” Vann said. “We know that money is being spent in Palmer.”
According to Vann, there will be five drawings offering $500 in Bingles per week and a chance for all names in the raffle to win $1,000 in Bingles at the end of this year’s Shop Palmer run.
The Palmer Chamber will be selling Bingles at a booth during Colony Christmas.
Bingles can be purchased year-round at the Palmer Chamber office or over the phone. For more information, call 907-745-2880 or visit palmerchamber.org.
Contact Mat-Su Valley Frontiersman reporter Jacob Mann at firstname.lastname@example.org