text:
Northstar Travel On the Block
A successful transaction could reset M&A market that’s been stalled for years.
Northstar Travel Media, the private equity-backed publisher of some of the industry’s best known travel-related brands, is up for sale and gauging interest from prospective buyers, several sources confirmed this week.
The company, which owns Travel Weekly, Business Travel News, Meetings & Conventions and Meeting News, among others, is among the first of what is expected to be a number of b-to-b media companies on the block this year and next. Northstar is owned by Boston Ventures and based in Secaucus, New Jersey.
After four years or more of bankruptcies, takeovers and distressed transactions with only a handful of successful deals, Northstar is a bellwether. If Boston Ventures successfully divests Northstar, it will be a clear signal to industry executives, bankers and financial investors that the market for traditional—but transformed—media companies has returned.
“If it’s successful in its transaction, it will set a new standard in terms of normalized trading multiples,” said one industry observer. “There are no reliable trading multiples out there in the last three years.”
By any standard, Northstar appears to be a transformed b-to-b media company. It has revenue estimated at around $55 million, and has diversified significantly away from a reliance on print advertising. Today, one source told Folio: Alert, the company’s revenue is nearly 20 percent digital media and 20 percent live events.
The key, various executives have told Folio: over the last few years, is to be able to demonstrate rapid growth in digital and live-event media, with a footprint in subscription information and marketing services as well. Companies that once relied on print media need to have changed, or they won’t attract buyers.
And that leads to the other unknown in 2012. Who are the buyers? Private equity drove much of the M&A activity over the last 15 years. And when it came to strategic buyers, it used to be that you could count on a robust number of acquirers, such as Reed, VNU, UBM and others.
Now, only UBM is still around among those three.
Add to that the fact that many companies acquired in the last round of high-priced deals are now distressed or worse, and buyers naturally are reluctant. Any number of companies acquired in 2005 and 2006 remain overleveraged and troubled. This affects the thinking of not just the private-equity firms, but also the lenders, and the debt component of any transaction directly affects the multiple.
An emerging new source of buyers, one source told Folio:, might be strategic information-services operators interested in a specific vertical. For example, Bloomberg theoretically would have an interest in looking at a company like Source Media, the source said.
“Frankly", said one executive, “A lot of owners of b-to-b assets are looking at Northstar to see if they can lead the way in getting back from being a distressed sector to one that people are willing to invest in again.”
Northstar CEO Tom Kemp provided Folio: with a statement: “I think that visionary b-to-b information companies are turning the corner in terms of the success of new business models and diversifying their businesses, and the interesting thing will be to see if that is recognized by investors in the industry.”


text:
You're in the right company if it has a culture you can fit in, also encourages a healthy work/life balance and can protect you from harassment.
Facebook is no longer the top company in Glassdoor’s Best Place To Work list for 2019 as employees’ morale continues to decline in recent years.
MBA holders are falling into typical accounting and financing jobs, but one successful entrepreneur says they can do more.
These digital marketing courses can give you the skills you need to start a career in digital marketing. Which ones have you heard of?
A new office trend called life admin is causing no small cause of alarm among management because of how it may compromise companies.
Workplace harassment happens mostly to women, and employers must review or set rules to protect their female employees.
Here are five ways on how you can set up an ideal work environment that can encourage collaboration and communication among your teams.
Business MOOCs are becoming more popular these days. Colleges and universities offer them to students who can’t afford to pay tuition fees.
Networking has become an essential tool in building one's career, business and reputation and can also help one reach the peak of his or her profession.
Because cyber hackers are getting smarter when it comes to their online assaults, employees have to be smarter in managing their email.

domain: news


text:
Large corporates, especially the ones heavily dependent on exports such as SK Hynix and LG Energy Solution begin to put on hold their investment timelines. Big-techs in U.S., including Apple, are also downsizing new recruiting plan. Such changes are coming with the forecast of global economic recession accompanying tighter consumer spending and lower employment rate, as the Federal Reserve is sending a clearer signal to raise the interest rate as necessary to contain inflation rate, which is currently over 9% peak.
SK Hynix, the second biggest memory semiconductor producer in the world, suspended the plan to expand its NAND flash plant in Cheongju, North Chungcheong Province, due to the concerns over already-weak semiconductor price drop from lower demands for electronic goods and higher inventory volume. TSMC, the world’s largest semiconductor foundry manufacturer in Taiwan, and Micron of U.S., the world’s third largest memory producer, are rethinking their plans for scheduled investment. LG Energy Solution is reconsidering its plan to build electric car battery plants in the U.S. quoting the skyrocketing exchange rate and high inflation rate as the basis.
Tech companies are not exceptions to this trend. Apple, the no.1 enterprise of U.S., decided to cut R&D and recruiting budgets for certain business units despite having reported the highest performances ever in its history from the first quarter of this year. Tesla is also seeking to cut 10 percent of its employee. NAVER revised its recruitment plan and decided to hire 30 percent fewer people than the last year. KAKAO and Coupang, among others, are also planning to minimize new employment opportunities. This trend is completely different from early this year, when they were actively seeking new talents by promising higher pays.
The world-wide economic recession is just in the beginning stage and is forecast to be prolonged till the next year if it ends early. Experts say higher unemployment rate and tightened consumer spending are unavoidable in an attempt to control the 41-year-high inflation, by leveraging interest rate as a tool. The economic winter is sweeping the entire globe including China, which recorded 0 percent growth in the second quarter, EU nations on brink of losing Russian gas supply due to the war in Ukraine, as well as emerging countries facing national bankruptcy, hurt by soaring price of oil and raw materials.
Warning signals to Korean investment and employment environment are becoming stronger as a swathe of companies are preparing for business tightening and turning to emergency operations mode. The pledges that new administration under President Yoon Suk-yeol made in May, that it would make the 10 major companies in Korea to invest 1,000 trillion won over a five-year period, with almost 400 thousand new jobs, are about to be delayed or scrapped just two months after his inauguration. The Korean government and political circles need to do everything to help corporates not to lose their appetite for investments and to prevent sudden economic fall-out, by taking all actions necessary from easing regulations, lowering corporate tax to ensuring flexibility in employment with revision of the 52 work-week policy, etc.


text: Tongues were wagging at 7th and Montana this morning as details emerged regarding the recent, three-hour "Espresso Training" course at Our Favorite Starbucks. Apparently, as part of a corporate-wide training initiative, 7,100 Starbucks locations were closed on Tuesday from 5:30 to 9:00 p.m. in order for Starbucks management to instruct 135,000 workers on the Fine Art of Espresso Making. Baristas were encouraged to "make sure it takes between 15-19 seconds for each Espresso shot to pour from the machine so it comes out dripping like honey from a spoon." Following the training, every Barista signed a "Promise" that now hangs prominently on display behind the Espresso Machine: "Your Drink Should be Perfect, Every Time. If Not, Let Us Know and We'll Make it Right." Rumor has it that the training cost Starbucks an estimated $50 million. That's a lot of Promises, dripping off a lot of tongues across the country like so much honey from a spoon ...!


text:
We’re running a series of pieces exploring predictions for how multichannel and ecommerce retail might change over the coming year. Today we consider sustainability. This has moved into the spotlight over the past year as the fast rise of climate activism has put environmental issues firmly onto the retail agenda
The growth of sustainability
“Sustainability will be a growing concern for both retailers and consumers in 2020. For retailers, the aim will be both ethical and practical – as more sustainable operations will also be more efficient. For example, many stores have to leave lights on overnight for cleaning and maintenance staff. Connected sensors in stores can automatically turn off lighting in areas where it isn’t needed – reducing energy use without leaving staff in the dark – and activate alarms to ensure unauthorised personnel do not enter. Machine learning can automate and optimise supply chains to make them as efficient as possible – for instance by identifying routes that use more energy for no gain. And immersive technologies such as Augmented Reality can remove the need to create and transport sample goods, instead allowing buyers to examine them in a virtual showroom.
“Consumers are also demanding more proof that goods they buy are sustainable and ethically sourced. Retailers can use technology such as the blockchain to create a full, audited history of specific products, from where the raw materials are gathered to the final package on the shelf – including evidence that its supply chain is 100 percent sustainable and ethical. QR codes on packaging can then combine with mobile apps to give customers access to that history, and the proof they demand.”
Jose Manuel Benedetti, principal architect at Insight UK
Sustainability as a selling point
This year we have seen the growth of Extinction Rebellion, the rise of the extraordinary Greta Thunberg, and public opinion turn firmly against single-use plastics. Many brands have responded with ambitious sustainability pledges, while retailers such as Waitrose have launched packaging-free initiatives to great fanfare. Sustainability will be an equally hot focus for brands in 2020 – and given that 87% of shoppers say they would purchase a product because the selling company promoted a cause they cared about, who can blame them?
One organisation to watch is Terracycle, and its service Loop, a remarkable, first-of-its-kind circular economy scheme. Customers can purchase branded products online through the Loop Store or partner retailers, paying a deposit for reusable containers. Goods are shipped to consumers in a reusable tote bag, which they refill with the empty packaging after use. The totes are then collected by a courier, which returns the packaging so it can be refilled, and the cycle can begin again.
One important thing is that Loop doesn’t compromise on customer experience with its packaging choices, which brands are already finding highly appealing. And what Loop is doing is just the tip of the iceberg for new sustainability drives. Retailers’ back office and operational sustainability efforts are sure to become yet more comprehensive next year, and these efforts will be used in consumer-facing comms and marketing, too.
Ian Scott, retail innovation manager, Tag
Responding to consumer demand
“I don’t think retailers have any choice but to respond to this, because consumer opinion can make or break a brand. I personally believe retailers making climate change-alleviation a key part of their business strategy will win greater loyalty of consumers as long as the products or services aren’t compromised.”
Matt West, chief executive, Feefo
“Transparency will become more of watchword for retailers, as they use customer feedback to gauge where they are getting it right or wrong. The UK supermarket chain Iceland used feedback from thousands of customers to change to bagless deliveries. This matched the environmental sensitivities of a large proportion of the customer-base which were revealed through profiling of the company’s performance.”
Neil McIlroy, head of product innovations at Feefo
Sustainability in the supply chain
“One of the most obvious changes retailers can still make is to reduce the packaging used for their products, both to market and to customers. Although we’ve seen movement in this area with the introduction of single use plastic bags, really that’s just the tip of the iceberg. We can therefore certainly expect to see some strong transitions to environmentally friendly and decomposable products in next 12 months.
“Responsibility for the delivery of items in a sustainable manner also means shipping companies need to be more aware and take greater ownership for how they distribute consumer goods. There’s lots of work retailers specifically can do to ensure the amount of plastic they use is reduced per order, without this detrimentally impacting the condition of consumers’ purchases.
“However, in order to make real progress in this area, the onus isn’t solely on retailers, but rather the retail industry collectively during every stage of the process – right through from the factory floor to the hands of consumers. In 2020, I expect to see organisations across the supply chain really begin to embrace sustainability.”
Alex Rohloff, co-founder, Laybuy


text:
Stella McCartney creates her first garment with organic recycling
In the middle of COP28, the British designer presented her new parka created in association with the American biological recycling company Protein Evolution.
It is considered the first garment manufactured in the world with biological recycling, which is a great advance for the fashion industry in a context where many brands seek to reduce their environmental impact.
It was made using artificial intelligence and biology to produce polyester raw materials from plastic waste.
The design is inspired by parachute styles from all Stella McCartney collections and uses fabric made with Protein Evolution’s Biopure technology. It transforms waste rigid packaging and industrial textile strapping, previously used to secure international cargo containers, into polyester that looks “like new.”
Biopure takes advantage of AI-designed enzymes and during its process breaks down polyester waste into new polyester raw materials that are indistinguishable from the petroleum-derived raw materials used in polyester manufacturing to this day. Once reintegrated into the manufacturing process, these materials give the result an infinitely recyclable polyester.
McCartney, who is known for pursuing sustainable alternatives, was an early investor and brand partner of Protein Evolution.
“Over the last year, Protein Evolution has taken unused fabrics from my previous collections to trial and test their circular textile-to-textile process. This allowed my workshop to design and create the beautiful, airy parachute parkas made from biologically recycled polyester that you can see in our Sustainable Market at COP28,” says the designer.
¿TE GUSTO ESTE ARTÍCULO ? COMPARTELO EN


text:
Kids Spoon-Fed Marketing and Advertising for Least Healthy Breakfast Cereals
The least healthy breakfast cereals are those most frequently and aggressively marketed directly to children as young as age two, finds a new study from Yale University’s Rudd Center for Food Policy and Obesity. The researchers’ evaluation of cereal marketing, the first such study of its kind, shows pervasive targeting of children across all media platforms and in stores. The detailed findings of this study, which was supported in part by a grant from the Robert Wood Johnson Foundation, will be presented in Washington today at Obesity 2009, the 27th annual scientific meeting of The Obesity Society.
Researchers studied the nutrient composition and comprehensive marketing efforts of 115 cereal brands and 277 individual cereal varieties. Nineteen brands (comprised of 47 varieties) were identified as “child brands” because their cereals are marketed directly to children on television, the Internet, or through licensed characters, such as Dora the Explorer.
Cereal companies spend nearly $156 million annually marketing to children just on television. They also market extensively using the Internet, social media, packaging, and in-store promotions.
“This research demonstrates just how far cereal companies have gone to target children in almost everything they do. The total amount of breakfast cereal marketing to children on television and computer screens, and at their eye-level in stores, combined with the appalling nutrient profile of the cereals most frequently marketed, is staggering,” said lead researcher Jennifer L. Harris, Ph.D., M.B.A., director of marketing initiatives at the Rudd Center.
Key marketing exposure findings include:
- The average preschooler sees 642 cereal ads per year on television alone, almost all for cereals with the worst nutrition rankings.
- Companies make heavy use of online marketing in the form of company-sponsored cereal websites and “advergames.” General Mills’ Web sites Millsberry.com, averages 767,000 unique young visitors a month who stay an average of nearly 24 minutes per visit while Postopia.com averages nearly 265,000 young visitors monthly.
- Kellogg—the most frequent in-store advertiser—averaged 33.3 promotions per store and 9.5 special displays for its child and family brands over the four-week period examined.
- General Mills markets to children more than any other cereal company. Six of the 10 least healthy cereals advertised to children are made by General Mills, including the advertised cereal with the worst nutrition score—Reese’s Puffs, which is 41percent sugar.
Key nutrition findings include:
- Cereals marketed directly to children have 85 percent more sugar, 65 percent less fiber, and 60 percent more sodium than cereals marketed to adults for adult consumption.
- Forty-two percent of child-targeted cereals contain artificial food dyes, compared with 26 percent of family cereals and 5 percent of adult cereals.
- Of the cereals targeted directly to children, only 8 percent meet sugar limits to qualify for inclusion in the USDA’s Women, Infants and Children (WIC) program, and not one meets the nutrition standards required to advertise to children in the United Kingdom.
- All cereals marketed directly to children — including Cocoa Puffs (44% sugar), Cap’n Crunch (44% sugar), Froot Loops (41% sugar), Lucky Charms (41% sugar) and Cinnamon Toast Crunch (32% sugar) — meet industry’s own nutrition standards for “better-for-you” foods.
Through the Children’s Food and Beverage Advertising Initiative (CFBAI) sponsored by the Council of Better Business Bureaus, most of the largest food marketers have pledged to reduce marketing of unhealthy products to children. This research shows that the CFBAI has not significantly reduced the amount of cereal advertising to children on television.
“Ceding authority to the food companies to regulate themselves is a mistake,” according to Kelly Brownell, Ph.D., director of the Rudd Center for Food Policy and Obesity. “The companies want to be seen as public health allies making good faith efforts to change, but their actions indicate otherwise.”
Added Jim Marks, M.D., M.P.H., senior vice president and director of the Health Group, Robert Wood Johnson Foundation: “While cereal can be a healthy and convenient breakfast for children, this study shows that cereal companies are targeting children with their least healthy products. Clearly there’s a lot of room for improvement.”


text:
In response to customer demand, Aldi has announced that the product in question will be restocked “periodically.”
Fans who have been pleading with Aldi to restock on a certain protein drink can expect to do so soon.
The well-known supermarket chain has just dropped hints that it will replenish its supply of Protein2o this summer.
If so, I was wondering if you still stocked Protein 2.0. If it were possible, I might try to buy you out. The coconut flavor is my favorite,” a customer tweeted to @ALDIUSA.
“This is in stores periodically as part of our ALDI finds and it looks like it should return this summer!” the store reassured the customer.
What is Protein2o?
According to the company’s website, Protein2o has “all the benefits of protein to fuel your healthy lifestyle” in two forms: refreshing fruit-flavored waters and portable powder packs.
Compared to protein shakes, it has fewer calories and carbohydrates, as the website puts it.
The protein in the flavored water drink is intended to help with muscle growth after exercise.
It’s a convenient way to speed up the process of gaining muscle between meals, as each bottle contains an impressive 20 grams of protein.
The beverages are offered in eight distinct tastes.
The beverages are priced at $29.98 for a case of 12, or $7.78 for a four-pack.
But with the current sales at Walmart and Amazon, you can get a wide selection of 12-packs for just $19.88.
The protein in the drink is a big selling point because it gives customers what they want quickly.
“I need my @Protein2o fix every afternoon or I go crazy!! “This is my favorite way to increase my protein intake,” tweeted one fan.
“The greatest beverage ever created? Get both your protein and water from @Protein2o. Just try them out for yourself, another customer said on Twitter to dispel any doubts about the quality of the product.
You can also buy the powder and mix it yourself; a pack of 20 sachets, each containing 20 grams of protein, costs $30 on Amazon and $32.99 at Walmart.
What products are getting shelved?
This is great news for Protein2o devotees, but unfortunately, there are a plethora of other retailers pulling their products from shelves permanently.
It has been confirmed by Kroger that the supermarket chain has discontinued seven items, including snacks and drinks that many customers hold dear, The United States of America Today reports. today’s reports show.
Additionally, it has been confirmed that Aldi will no longer carry one of its most sought-after and practical toiletries.


text:
Belgium will soon have a health attache from the Federal Agency for Food Chain Security (FASFC) in China, Sudpresse newspapers reported last Thursday.
The federal government has approved the creation of a FASFC agent station near the Belgian embassy in Peking.
“By creating this post, we are pursuing a clear objective: speeding up the lifting of Chinese embargoes on our beef, pork and poultry exports,” the federal minister of agriculture, Denis Ducarme (MR), explained to Sudpresse reporters. As a result of this embargo imposed nearly 20 years ago, Belgium has never had the opportunity to sell its beef and veal to the Chinese.
The FASFC attache’s mission will be to keep sanitary and phytosanitary technical files with a view to enabling Belgian companies to export food products again.
It will also facilitate contact with competent authorities and promote the implementation of collaboration agreements.
The attache should start work next Spring after training. He will also be authorised to work in other countries like Vietnam and Taiwan.
The Brussels Times


text:
Australians are being overly pessimistic about the economy and should focus instead on its underlying strengths, the head of Westpac Banking Corporation says.
"There's a lot of caution, I think really more than, given the underlying fundamentals in Australia, there should be," Westpac chief executive Gail Kelly told a business luncheon on Thursday.
She pointed to the booming resources sector, which has Australia's terms of trade - the ratio of export prices to import prices - at near record levels, as a key strength.
Mrs Kelly acknowledged many sectors of the economy, particularly those exposed to consumers' discretionary spending, were doing it tough.
"Having said that, clearly we've got a two-speed economy," she said.
"And we shouldn't forget that the global financial crisis was a big deal.
"It was a mammoth shock to the world and the world's economy."
Consumers had clearly changed their behaviour as a result of the GFC, plus the current financial problems in other countries, with higher levels of saving and less spending, Mrs Kelly said.
"That's not a bad thing. It's a good thing, it toughens us a little, it makes us more ready should there be another event," she said.
"But I think we should be careful that we don't talk ourselves down, be careful that we don't have fear and uncertainty (as they) create more fear and more uncertainty."


text:
Ransomware Attack on Automotive Manufacturing Company
February 26, 2022
Toyota’s partner and manufacturer of interior and exterior automotive components, Kojima Industries, was reportedly targeted by a ransomware campaign. Toyota had to shut down operations on 14 of its plants in Japan because of the attack.
UN R155 Reference
- 4.3.1 Threats regarding back-end servers related to vehicles in the field.


text:
Headlines Tagged with Fashion — 430 headlines found
[North Carolina] We've Created A Monster! truth® And Vans Morph Culture-Changing Art Into Bold Fashion Statement
truth partnered with Brooklyn-based graphic artist Kevin Lyons to create a one-of-a-kind mural of monsters inspired by the generation that will end smoking once and for all. The artwork was then turned into a limited-edition Vans shoe, released today.
Jan 20, 2016 PR Newswire
added Jan 20, 2016 15:23
[Australia, UK] Does she ever wear clothes? Imogen Anthony pulls up T-shirt to reveal her naked body as she poses wearing a face mask with a cigarette in her mouth
And now glamour model-turned-fashion designer Imogen Anthony is pushing boundaries again with her latest steamy snap - which shows the 24-year-old posing half-naked with a cigarette and face mask.
Jan 13, 2016 The Daily Mail and Mail on Sunday (uk)
added Jan 14, 2016 04:59
But Patricia Field, the chain-smoking septuagenarian who is just plain over it, was hiding out in the office downstairs
Dec 27, 2015 New York Times
added Dec 27, 2015 00:05
Victoria's Secret beauty Stella Maxwell is smoking hot as she teases 'something big' for angels in 2016
Freeing her hands, she later finds a remote spot and begins to dig before smoking sultrily on the bonnet of the car.
Dec 16, 2015 The Mirror (uk)
added Dec 16, 2015 18:44
[New York] Is that one from the collection? Designer Mary-Kate Olsen pops out for a smoke break in NYC wearing baggy robe
It doesn't appear that newlywed Mary-Kate Olsen is cutting down on the cigarettes any time soon. The hard-working fashion designer was seen taking a moment to herself to indulge in her naughty habit outside her office building on Monday. The 29-year-old
Dec 15, 2015 The Daily Mail and Mail on Sunday (uk)
added Dec 15, 2015 16:34
in a refreshing and modern take on marketing tobacco control messages to young people, the US-based truth® campaign has partnered with fashion model Tyra Banks to launch the “Smoke Your Eyes, Not Cigarettes” campaign.
Dec 7, 2015 Tobacco Control Journal blogs
added Dec 7, 2015 21:48
er grandmother died after a battle with lung cancer. That's why the 41-year-old supermodel teamed up with Truth Campaign to inspire women to stop smoking. Their idea? Use makeup instead.
Nov 12, 2015 Allure Magazine
added Nov 20, 2015 17:59
the 41-year-old supermodel teamed up with Truth Campaign to inspire women to stop smoking. Their idea? Use makeup instead.... Tyra is a stand out in an industry where beautiful women too often engage in the deadly addiction of smoking. Through TYRA Beauty
Nov 18, 2015 Truth Initiative (American Legacy Foundation)
added Nov 20, 2015 17:59
[UK] Water way to go! Kate Moss emerges from the Thames with a cigarette in her mouth as she films Ab Fab movie cameo... before suffering an untimely death
But these hilarious pictures of the fashion icon emerging from a freezing river in a glittering ball gown - while holding a champagne flute and with her usual cigarette - were actually from a stint filming a cameo role in the Absolutely Fabulous movie.
Nov 6, 2015 The Daily Mail and Mail on Sunday (uk)
added Nov 6, 2015 21:20
'I seriously do not give a s***': Zoe Kravitz shows off slender figure in a white silk bra as she talks about being a triple threat star in Wonderland magazine
Smoking hot: She also sported a top with the Pepsi logo an 'Jesus is the right choice' emblazoned on it while puffing on a cigarette
Oct 6, 2015 The Daily Mail and Mail on Sunday (uk)
added Oct 6, 2015 12:51


text:
Stock up on low-cost fresh fruit and vegetables at a weekly affordable produce market in Carlton.
The Community Grocer is open and ready to serve fresh produce to the community.
We backed the social enterprise with a $45,000 grant to reopen its beloved Friday-morning market at the Carlton Public Housing Estate in December.
Dr Rebecca Lindberg, Chair of The Community Grocer, said the Carlton market began in 2014 and the team is very happy to be back after a forced closure due to COVID-19.
‘People come and find foods that reflect their cultural needs and foods for their celebrations. We ensure people have choice, and that they have access to nutritious and fresh produce each week,’ Rebecca said
‘We subsidise the cost of fruit and veggies to make sure it’s affordable for everyone, and at the same time we’re an agile, small not-for-profit. Any income goes back into the organisation to improve food security for every citizen in the City of Melbourne.’
How we support food security
In the City of Melbourne, about one in three residents experienced food insecurity and only four per cent of adults consumed the minimum recommended daily serves of fruit and vegetables in 2021, according to our Community Indicators Survey.
To find out more about our work in this space, visit How we support food security in Melbourne.
The Community Grocer runs three markets in public housing estates and community centres across Melbourne, supporting up to 500 customers a week. Produce is sold at prices 30 percent lower than supermarkets.
Part of the City of Melbourne grant will be put towards the Grocer Gift Card program. For a limited time, local organisations such as CoHealth, Our Place and the Carlton Neighbourhood Learning Centre are offering vouchers to market customers in need.
‘Across Victoria, three in 10 households identify as food insecure – and unfortunately this has been exacerbated with the pandemic and cost-of-living pressures,’ Rebecca said.
‘There are too many households who are struggling to ensure they can feed themselves and their family well.
‘I think we demonstrate that a social enterprise has a really important role to play in providing dignified access to nutritious, affordable and high-quality food for food-insecure people.’
The Carlton Community Grocer is open every Friday from 8am to 12pm at the Carlton Housing Estate at 510 Lygon Street. The market is at the bottom of the flats.


text:
BuyUcoin giving 1% deposit bonus on crypto and reimbursement of crypto withdrawal charges for Indian consumer who’ve funds on banned crypto trade.
Within the wake of the latest ban on overseas crypto platforms in India, the dynamics of the cryptocurrency market are experiencing a major shift. Amidst this transformation, BuyUcoin, India’s oldest cryptocurrency trade, emerges not solely as a veteran participant but additionally as a beacon of stability and reliability for crypto lovers within the nation.
BuyUcoin has all the time been on the forefront of innovation, and its latest transfer to supply a 1% deposit bonus on crypto showcases its dedication to empowering customers. This distinctive initiative not solely encourages customers to actively take part within the crypto ecosystem but additionally solidifies BuyUcoin’s place as a user-centric platform.
One of many frequent issues amongst crypto customers is the extra withdrawal charges imposed by exchanges. BuyUcoin distinguishes itself by going the additional mile — it absorbs these withdrawal charges on behalf of its customers. This customer-friendly strategy units BuyUcoin aside as an trade that prioritizes the monetary well-being of its customers.
As a part of the hassle, BuyUcoin will reimburse customers for withdrawal charges spent whereas transferring belongings from offshore platforms to BuyUcoin. Customers might be required to provide documentation of charges paid throughout asset transfers, and after verification, BuyUcoin will repay the charges into their particular person BuyUcoin wallets. As well as, BuyUcoin will provide a 1% deposit bonus on digital asset transfers to the BuyUcoin platform, in response to an organization launch.
BuyUcoin’s latest approval from the Monetary Intelligence Unit (FIU) provides an additional layer of belief and credibility. With safety being paramount within the crypto area, this approval reinforces BuyUcoin’s dedication to offering a safe and compliant platform for customers to commerce and put money into digital belongings.
BuyUcoin, a cryptocurrency trade, has registered as a reporting group with the Monetary Intelligence Unit — India (FIU-IND) beneath India’s Prevention of Cash Laundering Act (PMLA).
The event comes months after the Indian authorities, in March 2023, mandated that digital digital asset (VDA) service suppliers, together with exchanges, comply with PMLA pointers.
These requirements embrace reporting suspicious transactions, sustaining transaction and KYC data, and dealing with authorities authorities to make sure the very best diploma of anti-money laundering (AML) procedures and protocols.
With the bans on overseas crypto platforms creating uncertainty, BuyUcoin turns into a dependable anchor for customers looking for stability. The platform ensures a seamless transition, permitting customers to proceed their crypto journey with out disruptions, reinforcing BuyUcoin as a reliable associate within the evolving crypto panorama.
Past being a buying and selling platform, BuyUcoin acts as an educator. Recognizing the significance of crypto literacy, the trade supplies customers with useful assets, guides, and academic content material. By empowering customers with information, BuyUcoin helps them make knowledgeable choices within the ever-changing crypto market.
After years of anticipation and regulatory scrutiny, america Securities and Alternate Fee (SEC) has permitted 11 Bitcoin ETF functions, marking a major milestone within the cryptocurrency and monetary sectors. Notable firms reminiscent of BlackRock, Constancy, and Invesco are amongst these making ready to launch these ground-breaking funding autos.
The acceptance of Bitcoin ETFs represents a major shift within the public picture of cryptocurrencies as real and controlled monetary autos. Analysts imagine that this growth will pave the trail for extra ETF approvals and promote innovation within the digital asset business.
In a time of great regulatory adjustments and a surge in home exchanges, BuyUcoin stands as a rock of reliability, offering customers with a safe, rewarding, and academic crypto expertise. The 1% rewards on crypto deposits, customer-friendly charge buildings, FIU approval, and dedication to consumer training make BuyUcoin a beacon for crypto lovers navigating the evolving panorama in India.
Because the crypto business undergoes transformations, BuyUcoin stays steadfast in its mission to be the trusted associate for Indian customers, providing a mix of safety, innovation, and unwavering help of their crypto journey.


text:
Malaysia’s Natural Rubber Production Rises 9.7% in August
Malaysia’s Department of Statistics (DOSM) revealed that Malaysia’s natural rubber production was up by 9.7% (31,309 tonnes) in August this year. This is an improvement from July’s record of 28,533 tonnes.
However, compared to a year ago (August 2022), this was a drop of 16.9%. Malaysia’s natural rubber production in August 2022 was 37,666 tonnes. The smallholders’ sector was the biggest contributor to the August increase, accounting for 83.3%.
Total Stocks of Natural Rubber Declined in August But Exports On the Rise
Natural rubber stocks for August 2023 dropped by 0.8% (142,620 tonnes) compared to July (143,757 tonnes). Rubber processors were the biggest contributors to the stocks. Rubber consumer factories and rubber estates were second and third respectively.
Exports of natural rubber for August 2023 rose by 11% (57,488 tonnes) compared to July (51,784 tonnes). Gloves, rubber threads, condoms, tyres, and tubes were the main contributors to the rise. The value of glove exports alone amounted to RM1 billion for the month of August. Exports were mainly targeted toward China (47.9% of total August exports). Germany, the United States, and Pakistan followed closely behind.
A Lucrative Market for A Possible Business Venture
Malaysia’s natural rubber production sector achieving the 9.7% growth is a positive outlook for the local rubber industry. If you have a possible business model suited to this industry and would like to tap into that strength, we’ve got you covered.
Contact our dedicated 3E Accounting team about Malaysia company incorporation services and packages.


text:
It is well known that 2016 has been dubbed “The Year of Virtual Reality.”
But it isn’t. At least, not quite yet. This may seem like a bold statement, riding on the heels of Sony’s E3 announcements regarding their Playstation VR. The company announced they would be releasing the headset October 13, with 50 games ready for play.
Why, then, preemptively discredit the appellation only halfway through the year after some very promising developments have just been announced?
Many critics of VR have written it off as a technology that will have its spot in the limelight before fading away to the background due to any number of reasons. Earlier this year, technology correspondent for BBC News, Rory-Cellan Jones, stated, “I suspect that, just as Microsoft found with its Kinect motion sensor, many gamers will see VR as no more than a gimmick.” Jones goes on to discuss the potential merit of VR in other fields such as therapy and psychological research.
Larry Hodges, Professor of Human-Centered Computing at Clemson University wrote an article for the Huffington Post recently in which he remarked, “If I peer into the future, I predict that Virtual Reality will continue to be a niche technology with a few important and successful applications that require immersion environments. Commercially, VR is not going to be the next Internet or smartphone.”
Why they are both wrong:
Our reasons for believing this is not the year of VR are less cynical than those reasons given by critics who anticipate a relatively swift stagnation in the technology’s impact on consumers and society overall.
The year of VR may not be this year or next year, but it is forthcoming. Virtual reality will reach its pinnacle when the technology is not only utilized for immersive gaming (such as is being done now with the Oculus Rift, HTC Vive, and Playstation VR), but also for immersive video experiences.
Right now, there is a lot of untapped potential in the realm of virtual reality video and storytelling. Gaming is undoubtedly driving the demand for VR headsets in the home right now, but as companies start to realize the potential impact of VR on everyday life and business, the landscape will begin to shift.
Unlike the Kinect and other game devices which had their fleeting days in the sun, VR technology has already proven its functionality outside of gaming. It is this adaptability to various avenues that will enable VR to to become a permanent fixture of society.
Facebook has championed virtual reality, buying out Oculus VR, investing large sums of money in the technology, and making 360 video software more accessible to developers thereby encouraging the creation of VR content.
Facebook’s goal of using VR to create a more connected community rejects the claim that VR is a niche technology.
Greenfish Labs has been working hard to explore the technology’s capability to create compassion and empathy in its users through immersive storytelling. We have been successful in this endeavor in our work with nonprofit organizations such as Tree 4 Hope and Hope International.
While 2016 isn’t the year of VR, it is the beginning of an age of exploration for VR content creators.
As Content Strategist, Cate is responsible for creating, delivering, and optimizing written content across Greenfish Labs’ digital channels. Her primary responsibilities are writing on the Greenfish blog and across our social media platforms. Her skills in research help to keep Greenfish Labs one of the top thought-leaders in virtual reality.


text:
For the current situation, Apple really has to fully enable USB-C, because the United States is also imitating the EU unified interface.
A group of Senate Democrats called on the US Department of Commerce to follow the European approach, forcing all smartphone manufacturers to manufacture equipment to comply with general charging standards. In the letter written to the Minister of Commerce Gina Raimondo on Thursday, Senator Ed Markey (D-MA) and Sens. Elizabeth Warren and Bernie Sanders (I-VT) requested The department formulates a strategy to unify the general charging port of all mobile devices.
Senators believe that proprietary chargers like Apple's Lightning port have caused unnecessary electronic garbage, and bring economic burdens to consumers who upgrade equipment or consumers with a variety of devices with different manufacturers.
Markey said in a statement on Thursday: & quot; One year, Americans piled our outdated chargers in the garbage dump, but we took more money to technology companies for new chargers. This waste is being trapped in consumers and causing our planet to fall deeper into a climate crisis. I ask the Ministry of Commerce to follow the EU's approach and study solutions so that we can save our money, our reason, and our planet. & quot;
Different from the EU laws, senators do not require the Ministry of Commerce to compile USB-C into general charging standards. Instead, their requirements for formulating & quot; comprehensive strategy & quot; more widely left room for the department to formulate their own standards. After the European Union authorized, critics believe that the rule will kill innovation and suppress smartphone manufacturers to promote faster charging standards in the future.
Previous news shows that Apple will enable the USB-C interface partly on the iPhone 15 next year, and it will be fully switched when the iPhone is 16.
Recommended use China IT News APP
Download flyfish app to read news


text:
Sri Lanka’s GRI unveils Green XLR Earth Series built with sustainable material
Daily FT: GRI’s recently launched Green XLR Earth Series tires have achieved noteworthy performance during the last six months of field tests in Germany. Designed to revolutionise the industry, these tires incorporate an impressive 78.6% sustainable material, including pure natural rubber sustainably sourced from Sri Lankan rubber farmers. The Earth Series from GRI significantly reduces the carbon footprint while delivering unparalleled performance and durability.
The Green XLR Earth Series tires represent a significant leap forward in GRI’s commitment to environmental stewardship by optimising the use of recycled carbon black, reclaimed rubber, highly dispersible silica, soybean oil and bio-sourced cellulose fibres. The use of bio-sourced soybean oil, combined with next-generation HD Silica, not only improves fuel economy but also extends tire life. Through these innovative technical advancements and the use of environmentally friendly raw materials as well as processes, the Earth Series tires offer a multitude of benefits, including low abrasion loss, enhanced durability, reduced soil compaction, decreased rolling resistance for efficient and improved fuel consumption.
The Earth Series tires have undergone extensive testing, receiving excellent feedback from farmers and industry experts. In many regions in Europe the tires have proven their mettle, delivering exceptional performance in diverse conditions.
GRI Managing Director Prabhash Subasinghe expressed his enthusiasm for the Earth Series agriculture tires, stating, “GRI has always been committed to pushing the boundaries of innovation while prioritising sustainability. The Earth Series represents a significant milestone in our journey to make a positive impact on our planet, where we have seamlessly blended cutting-edge technology with eco-friendly materials. The exceptional performance and positive feedback received reaffirm our commitment to delivering superior specialty tires that meet the evolving needs of farmers worldwide.”
Sri Lanka’s manufacturing sector has shown a steady growth despite the challenging economic conditions faced by the country in the past few months. The growth in some key economic sectors has also promoted operations in the manufacturing sector. The sector has also received a boost by the many trade agreements as well as trade concessions enjoyed by the country. This has created a close link between the manufacturing and exports sectors. Sri Lanka’s manufacturing sector is also focused on uplifting and upgrading their production lines to be on par with international standards in order to compete in the export markets. Foreign businesses/investors exploring opportunities in Sri Lanka could look at investing in the manufacturing and exports sectors. They could also look at forming partnerships or joint ventures with local businesses to further expand operations since Sri Lanka is working towards becoming an emerging business destination in the South Asian region.
|Article Code :||VBS/AT/20230626/Z_5|


text:
We are constantly bombarded with advertisements on social media.
From mobile phones to video games, our attention spans are constantly on us.
However, when it comes to social media advertising, many countries spend more than the average.
Here’s what we know: 1.
Denmark spends more on social advertising than any other country.
Denmark has the second-highest number of people who watch ads on social networks.
Switzerland spends the most money per capita on social ads.
It also has the highest number of Facebook users per capita.
Belgium spends more money on social and mobile ads than any of the other European Union countries.
Netherlands spends the second highest amount of money on mobile ads per capita, with nearly 1.5 million Facebook users.
France spends the least on social marketing, but the most ad spending in the world.
Russia spends the next most on social ad, spending only $3.5 billion per year.
United Kingdom spends the fifth-lowest amount on social spending.
Spain spends the sixth-highest amount on ads on mobile phones.
Italy spends the lowest amount of ad dollars on social network ads.
France and Germany spend the least.
This article originally appeared on Newsweek.com


text:
The shooter, thought to be a lone gunman, opened fire on Friday night.
Matteo Renzi again opened Milan Fashion Week with a luncheon.
The camera was inspired by Kors’ Scout handbag collection designed to emulate vintage camera bags.
Former InStyle editorial director and People StyleWatch editor in chief Ariel Foxman moderated the discussion with Castanea Partners’ operating partner Ron Frasch and Hilldun’s co-chief executive officer Gary Wassner.
Karan has been talking about changing the fashion cycle for years.
The Cocoon coat, Baby Doll and Parachute dresses are among 27 looks on display.


text:
As one of the leading press release distribution companies in the UK, we'll get your news in front of journalists and influencers quickly and cost-effectively
5.0 Overall customer satisfaction
Leeds Eco-Company Launch New Christmas Range
Plastic Free Shampoo and Self Care Gift Sets Lead November Sales
Ecovibe have launched their new o...


text:
ONE of the world’s largest ticketing groups began contacting Australians today after a widespread hack compromised the payment and personal details of thousands of users worldwide.
Ticketmaster, which sells entertainment, cricket, AFL and NRL tickets, revealed more than 40,000 of its British customers had their information compromised in the attack, which may have also revealed banking details of Australian users through malicious software hosted by Spanish firm Inbenta.
The third party provided software for the ‘live chat’ window on the ticketing website.
A Ticketmaster spokesman said it had yet to confirm whether Australians’ financial details were exposed in the incident, but a forensic investigation was ongoing.
“There has been no confirmed incidents outside the UK,” he said.
“We don’t believe there are any customers in Australia or New Zealand that have been affected but we are contacting them out of an abundance of caution.”
In the warning sent to Australia Ticketmaster users this morning, the company recommended users change their passwords and check their credit card statements for unexpected transactions.
“As a result of Inbenta’s product running on Ticketmaster International websites, some of our customers’ personal or payment information may have been accessed by an unknown third-party,” the Ticketmaster email said.
“We are contacting you because you purchased, or attempted to purchase, tickets between September 2017 and June 23, 2018.
“Whilst we have no evidence to suggest your data has been compromised, we are notifying you out of an abundance of caution.”
Information exposed in the attack included customers’ names, email addresses, telephone numbers, and their credit card details.
The spokesman said Ticketmaster would provide free access to an identity-monitoring service for users who had their details stolen in the incident.
The company said “less than five per cent” of its worldwide customer base had been affected by the digital break-in.
If Australian users were affected, the hack would fall under Australia’s new Notifiable Data Breach law, introduced on February 22, which compels companies to report cases in which customer information has been compromised.
Statistics released under the scheme showed 55 breaches were reported in March, up from just eight in February.
Health service providers recorded the greatest number of incidents, followed by legal, accounting, and management firms, and financial details were revealed in 30 per cent of reported cases.
Originally published asAussies in Ticketmaster data hack attack


text:
Humminbird’s parent company Johnson Outdoors just announced that they had filed a patent infringement lawsuit – and Navico (parent company of Lowrance) wasted no time swinging back, sending out a press release last night that their LSS-1 StructureScan imaging module (which is compatible with HDS multifunction displays) will continue to be sold and distributed. Louis Chemi, COO of Navico Americas, said “Navico will defend the recent legal proceedings initiated by Johnson Outdoors.”
This could be pretty darn entertaining, if it didn’t have such a big impact on those of us who care about the gear and using it, as opposed to legalities. Who’s in the right? Heck if I know – I’m not a lawyer and I have enough trouble just figuring out the ever-changing fish & game laws. Anyway, here’s what the two systems look like, on-screen.
Let’s just hope the incoming mess gets cleaned up quickly, and we can get back to doing what we like: fishing. Be it with a Humminbird at the helm, or looking at a Lowrance.


text:
Can Under Armour’s New President Revive the Slumping Apparel Seller?
What would you do for $1 million? Would you risk your reputation to try to uplift a profitable yet slumping company, or would you shy away from the pressure and guaranteed scrutiny? On Tuesday, Patrik Frisk chose to challenge himself and his track record as a savvy businessman, with founder Kevin Plank announcing the 54-year-old will assume the roles of president and chief operating officer for Under Armour.
“Patrik’s global experience in brand building, including a proven and disciplined record of driving growth, while enhancing profitability and efficiency, will be instrumental as we work to transform our business model to deliver long-term value for our consumers, customers and shareholders,” his new boss said of the Swedish-born figure who will commence his tasks July 10. “The opportunity to leverage our strengths—innovative product, brand strength, premium sports marketing assets and unparalleled consumer connections—within an increasingly more digital ecosystem has never been greater."
The summer hire will look to help the Baltimore-based entity to sizzle, as he has relied on his regard for entities’ economic growth to serve as chief executive officer of The Aldo Group, his most recent employer; vice president and general manager of The North Face; coalition president of outdoor Americas and president of the Timberland brand and outdoor and action sports for VF Corp.; and co-founder of Lager 157, a retailer situated in his Scandinavian homeland. Though Under Armour has landed a significant number of sponsorship agreements, including deals with such superstars as Golden State Warriors guard Steph Curry, New England Patriots quarterback Tom Brady and gold medal-winning alpine skier Lindsey Vonn, the 21-year-old behemoth has experienced some financial pain that has threatened to bring it to its knees, including the April news that it had suffered its first quarterly loss since its 2005 beginnings as a public company.
Securing Frisk ends a two-year hiatus without a chief operating officer for Under Armour, which, since 2016, has hawked footwear as a complement to its sports apparel options. Thanks to his extensive background with the former, the Montreal resident, who, following his March departure from Aldo, joined the board of directors for Gildan, which makes and markets Under Armour socks in the United States, will strive to guard against the continuing ascent of Nike and Adidas. Given the severity of the competition among the three, Frisk, industry experts say, must quickly mesh with Plank, who will remain Under Armour’s chairman and chief executive officer, and his other peers to retain its base and attract additional consumers.
While calling a company that rakes in billions “a sleeping giant” might be a stretch, the success that Nike and Adidas have registered of late just might serve as the impetus that helps Under Armour shake off its relative financial fatigue and prove vibrant yet again. Perhaps Frisk can implement concepts that nobody affiliated with Under Armour has ever entertained. For a million smackers, one thing is for sure—the impending president had better be ready to put one foot in front of another.


text:
Puma.eth and 10KTF announce Grailed Slipstreams, a collection of customized physical sneakers and NFTs
Puma.eth, the official PUMA Web3 brand, confirmed its partnership with 10KTF previously acquired by Yuga Labs and announced “Grailed Slipstreams,” a collection of physical sneakers alongside their digital twins in a non-fungible token format.
Solana Labs has announced a novel AI add-on to ChatGPT to provide users with new functionalities related to wallet checking, NFT transactions, among other actions.
Manchester City FC launches seventh NFT “Space Ballers” collection in collaboration with digital artist Jonathan Nash and MakersPlace
The English club Manchester City, presented its seventh NFT collection called “Space Ballers”. It will feature unique artwork and the collaboration of Jonathan Nash, digital artist and the alliance with MakersPlace, a marketplace for non-fungible tokens.
This will be possible thanks to Binance’s partnership with the Brazilian Football Confederation, through which they intend to provide new ways to connect the sport with fans.
Okay Bears, is an NFT collection developed on Solana’s blockchain and announced its partnership with (RED), a non-profit, non-governmental organization that fights for global health, with the goal of launching new products that help fund the efforts made by the company.
Antique Rackets Collection: Slava Babienko converts his antique tennis rackets into high-resolution NFTs
Slava Babienko, entrepreneur and tennis enthusiast will turn tennis rackets dating from 1800 to 1900 into NFTs. However, they will not only be digital collectibles, but will also be delivered in physical form alongside the digital asset.
Nfinity is an easy-to-use platform that promises a lot, as it has launched a new tool for content creators to transform TikTok videos into non-fungible tokens in order to monetize the funniest and most interesting virals on the social network.
The fashion company’s initiative has been unveiled through partnerships with the BitPay company and the Web3 Poolsuite community, as well as integrating Polygon to give away 3,000 NFTs.
Artist Andy Warhol has decided to offer for sale 4 works of art in fractional NFTs format, thanks to the Freeport platform.
England’s Arsenal have struck a partnership with Staynex, a travel company developed using blockchain technology. They have already communicated the creation of an NFT collection where owners will earn tickets to club matches and luxury accommodation, among other benefits.
He announced this via his Twitter account about the exhibition of his most important NFT works, which have been made using Artificial Intelligence.
This is a time and quantity limited opportunity to get a free LaLiga Moments NFT and win VIP tickets to watch the clásico on March 19.
Manchester City’s NFT “EMPOWERED” collection will be launched in honor of International Women’s Day. Created by Power of Women, this collaborative digital art collection is the English team’s sixth release and promotes female empowerment.
The Smurfs Society, the official Smurfs project, was at the NFT Paris event and auctioned Smurf statues made from recycled plastic and 3D to fund initiatives dedicated to protecting the oceans.


text:
Five years after it was first announced, Tesla delivered its first production Semi trucks to Pepsi yesterday, which it promised to do back in October.
The delivery was accompanied by a live stream on Twitter from the Gigafactory in Sparks, Nevada featuring Elon Musk, who had not long finished attending a Neuralink live stream. We don't know how many Semi trucks PepsiCo received yesterday, but the company has ordered 100 of them.
The Semi was first revealed back in November 2017 and advertised as having a 500-mile range with a million-mile guarantee. The range can't compete with existing diesel-powered trucks, but the Semi holds the promise of zero-emissions while hauling up to 80,000 pounds of cargo. The reason it has taken five years to roll off the production line mainly seems due to a lack of batteries.
As Electrek highlights, the Semi event included a "one more thing" moment. Tesla unveiled its new megacharger fast-charging technology, which will offer 1MW DC fast-charging for the Semi using "immersion cooling technology" for very high output while retaining a small form factor.
What we don't know yet is how quickly a megacharger can recharge a Semi's batteries for another 500 miles of travel. However, anyone who has pre-ordered a Cybertruck will be happy to hear they can use the megachargers, too. Tesla intends to make them available at Supercharger locations in 2023.


text:
Malls reopen in Delhi; post-lockdown blues persist
After the capital city saw a deadly bout of Covid-19 cases, malls reopened. But the struggle to financially get back at its feet is still far from over
Major malls in Delhi NCR are facing the post-lockdown blues, where business is still restricted and are allowed to open only until 8 pm. Centres like Ambience mall in Gurgaon, DLF Promenade and Select City Walk in Delhi have a steady stream of customers, even Noida’s Mall of India, owned by DLF.
Unlike its neighbour, the Mall of India manages to pull in a good number of patrons
Malls, other than bringing together a shopping and eating experience under one roof, became a shelter from the storm, from the summer heat waves, and from the street hawkers you wanted to escape. This still holds true, but Covid induced lockdowns since March last year means the malls have dipping revenues and this could not be more evident than in Unitech’s Noida mall, the Great India Place. Here the tell-tale signs of a failing economy and business under pressure since last year can be seen in the closed shutters of many stores.
We contacted the mall via email but are yet to hear back on the same. We found far too many shops closed, every floor desolate with just a light trickle of customers which vanishes before you even begin to notice them. In fact, the mall looks like it’s ready to shut down, even its exterior decries its fate of being forgotten and uncared for.
A few customers are found in the food court. Which brings us to the restaurants and fast-food joints, where the business is so low that even fast-food giants like Mc Donald’s are closed here.
On the other hand, Mall of India, while it does not have as many people coming through as its Delhi counterparts, looks like it will make it through this pandemic and its consequent lockdowns.
Only two restaurants are closed here, namely Zizo and Carl’s Junior, while brands like H&M to Kaya are still very much functioning. The brands here are more similar to what South Delhi malls like Select city walk and Promenade have to offer, which perhaps helps this mall sustain.
Even on a weekday, there was a good number of patrons. While malls in Delhi and Gurgaon are allowed to open on weekends, it’s not the case with Noida which allows them to open weekdays up to 10pm.
On June 14, Delhi malls and market places were allowed to re-open after the city saw a deadly bout of Covid-19 cases, with one day cases going as high as 28,000 and deaths, which were accounted for, over 400 a day. But restrictions are still on for markets, market complexes and malls which can open between 10 am to 8 pm. Restaurants are allowed up to 50% of the seating capacity from 8 am to 10 pm and bars too are allowed up to 50% of the seating capacity from 12 noon to 10 pm.
Three weeks after malls in Gurgaon were permitted to reopen, a report in the Indian Express said there was a good recovery with the footfall having crossed “at least 30%” of what it was prior to the pandemic.
While some manage to recover, others like the GIP may have to take some more beating down before rising, if they can.
(Cover: Every floor is more desolate than the other at GIP Credit: Sashikala VP)
(All photos by Sashikala VP)


text:
Gold advances as ground shifts on rates and a stronger payrolls number
Why have gold and silver been slow to catch the inflation bug?
(USAGOLD – 11/5/2021) – Gold advanced this morning as the ground shifted on future rate increases, and the non-farm payrolls number came in stronger than expected. It is up $4 at $1797. Silver is up 5¢ at $23.90. Both the Bank of England and Poland’s central bank surprised financial markets yesterday by retreating from promises to raise rates in 2022 to a more cautious approach. Their reluctance to raise rates falls in line with Fed Chairman Powell’s commitment on Wednesday to be “patient” on rate increases despite the rising inflation rate. In that context, the strong NFP number could be seen as symptomatic of a rising inflation rate that the Fed is willing to tolerate.
While commodity prices are in a steady uptrend – the CRB Index is up almost 40% year to date – gold and silver have remained stubbornly in a range. In a recent interview posted at the ZeroHedge website, Equity Management Associates’ Lawrence Lepard was asked why precious metals seem to be the only commodities that haven’t caught the inflation bug as yet. “The metals were early to the party,” said the highly regarded fund manager, “and are now taking a breather while all the other commodities catch up. Gold was up over 50% in a two year window. It is down 15% in the past year. It is crazy and partly due to price suppression by the central banks, but they cannot hold it down forever and the next run will take it to new all time highs quickly in my opinion.”
Chart of the Day
Chart note: Since 1913, the US dollar has lost almost 96% of its purchasing power. Since 1971 and the introduction of the fiat money system, it has lost 85% of its purchasing power. Since 2008, during a period of relative price stability, it still lost over 22% of its purchasing power.


text:
Magazines are still desirable products. If we can take anything from the latest set of results from the Audit Bureau of Circulations, that would be it. Sure, the recession has separated the wheat from the chaff: some sectors are simply not as popular any more and others have migrated to the less lucrative digital space. But the figures show that there's still a decent amount of us who love to buy a fat glossy.
PPA figures show a decline in the total number of actively purchased magazines - down 3.6 per cent year on year. However, for the period, it was up 4 per cent, an increase that shows that consumers are starting to feel more confident about parting with their cash for good quality editorial.
The PPA also cautioned that the weather made it an awkward period for retailers, arguably affecting year-on-year comparisons. Barry McIlheney, the PPA chief executive, says: "These very positive ABC results are further evidence of the continued strength of the medium of magazines at a time when many brands are expanding their reach by engaging with audiences on various platforms, from websites and apps to live events."
The women's glossy sector showed some interesting results. The silver pound continued to hold the fort during the economic downturn, with Good Housekeeping and Woman & Home propping up the market with rises of 3.2 per cent and 4.7 per cent respectively, year on year. Claudine Collins, the joint head of investment at MediaCom, says: "This age group is not as affected by the recession, it has a disposable income and they are not as susceptible to covermounts and multi-packing. The younger audience is more fickle."
Certainly the young female audience has thrown some curve balls. Hachette Filipacchi had to close its 16-year-old teen mag Sugar in January as it lost readers to the web. Another sector displaced by digital is the lads' mags. "Not one client rings me up and says 'I need to be in Zoo, I need to be in Nuts'," Dominic Williams, the Carat press director, says.
"Real-life" women's weeklies, which thrive on the misery of ordinary people's tragedies, continued to suffer with the top 11 brands falling 6.3 per cent on average year on year. Hubert Burda's Love It! recorded a double-digit crash of 14.5 per cent year on year. "People don't want to read them any more, their lives are hard enough," Collins observes.
Elsewhere, the celebrity weeklies crashed with Bauer's Heat leading the nosedive with a 19.3 per cent fall year on year, while at the other end of the spectrum, business and current affairs titles performed enviably, with The Economist up 11.1 per cent year on year.
These pockets of good and bad news show that the overall publishers' results, which saw some negative year-on-year changes at some of the top publishers, don't necessarily mean that magazines as a medium are no longer popular. But more than ever, publishers need to listen to what readers want from their brands to be at the top of their game.
Paul Keenan, the chief executive of Bauer Media, which is reported to be the favourite to buy BBC Magazines, tried to make the best of a disappointing series of ABCs from the publisher that saw its total average circulation fall 8.6 per cent year on year to 3,569,610 copies.
Only five of its titles managed to put on year-on-year increases, most notably its specialist magazines Classic Bike and Model Rail, which were up 5.1 per cent and 5.2 per cent respectively.
The news from its more mainstream titles was rather more depressing. As well as the drop in circulation experienced by Heat to 370,132, Closer fell below the half million mark with a decline of 7.5 per cent.
The women's lifestyle division was only slightly more resilient, with Yours bucking the pervading trend by increasing its circulation by 3 per cent to 293,016 amid small declines for Grazia and More! with 224,421 copies and 188,265 respectively.
The collapse of the men's market has devastated Zoo, which lost nearly a third of its circulation, and there were further double-digit falls for both FHM and Empire - an eye-watering 23.3 per cent and 11.1 per cent respectively. These now stand at 177,261 and 172,639.
Keenan says: "The ABC focuses on just one - albeit important - facet of a modern magazine brand and advertisers are increasingly seeing our brands as conduits and channels for multi-layered conversations with their customers.
"Entertaining and informing on the page, online, on the move and - in some important markets - on air, Bauer's brands are increasing their reach, engagement and influence with high-value customers.
"Our magazines sit at the heart of this dynamic system and despite unprecedented tough times on the high street, they continue to be purchased in their millions."
It can only be hoped that this year's Royal weddings, or a celebrity baby boom, injects some life into the celebrity market that also saw OK! suffer.
Now that it has finally managed to offload the perennially sickly Loaded, a reading of the runes from IPC Media was a rather more positive experience. Across its women's lifestyle, homes and TV titles there were increases, while all seven of its homes magazines recorded year on year uplifts, perhaps reflecting that the recession has made people revert "to more traditional pursuits" as its chief executive, Sylvia Auton, believes.
Total magazine sales stood at 6,562,956 copies, down just 1.1 per cent on the previous year.
In its Southbank division, Essentials was a particular highlight, posting a 12.7 per cent increase year on year to 126,379 copies, making it the monthly lifestyle sector's fastest-growing title, while Woman & Home recorded a 4.7 per cent increase to 385,800.
Jackie Newcombe, the IPC Southbank managing director, says: "During the past two decades there have been so many women's monthly launches that it is quite remarkable to realise that Woman & Home now enjoys a higher circulation than it had 15 years ago. I doubt there is a single other title in the market that can make that boast. For Essentials this is the fourth consecutive period that it has been the sector's fastest-growing title."
Wallpaper* grew 3.1 per cent to 108,250 copies.
On the other side of the ledger book there was a 19.6 per cent fall for Nuts to 142,212, which was not as bad as that of its Bauer rival Zoo but still makes for uncomfortable reading, while NME, Pick Me Up, Now, Rugby World and Golf Monthly also suffered double-digit declines. The women's mass-market titles, therefore, proved to be a mixed bag. Its shooting portfolio of The Field, Country Life and Shooting Times & Country Magazine proved resilient, however.
THE NATIONAL MAGAZINE COMPANY
With the world still waiting for the deal between NatMag's owner, Hearst Corporation, and the owner of Hachette Filipacchi, Lagardere, to go through, the next ABCs for the merged entity could be very different. But for now, NatMag put through a creditable performance, recording a circulation of 3,112,939, down 2.4 per cent year on year.
In particular, its Good Housekeeping put in a strong performance up 3.2 per cent year on year to 443,750 copies while Harper's Bazaar recorded its highest-ever ABC showing, increasing circulation by 8.2 per cent on the same period last year to 119,712. Country Living was also strong, increasing by 4 per cent to 205,770,
Esquire proved to be stable in a fluctuating market with a total circulation of 59,382, while Cosmopolitan looked a little lacklustre recording a 6.9 per cent year-onyear decrease to 400,575. Prima Baby had a shocker, falling 23.2 per cent and NatMag is refusing to accept the ABC for Prima, following a spat with the body over multipacking rules, claiming that its circulation actually increased to 297,000 rather than fell 6.9 per cent to 268,421.
Arnaud de Puyfontaine, the chief executive, credited the publisher's weekly titles for bucking the downward trend. "The strength of our brands also allows us to take advantage of cross-platform innovations and new revenue streams, and provides us with a firm foundation for the future growth of the company," he says.
While change could be imminent at BBC Magazines, with publishers thought to be lining up £100 million offers for the business, it remained focused and posted a 0.5 per cent increase in sales across its titles.
That said, advertisers might be concerned that its flagship titles Radio Times, BBC Top Gear Magazine and BBC Good Food all posted significant falls in circulation.
Radio Times saw its circulation eroded by 4 per cent and its publisher must be wondering if it will ever hit the one million average circulation mark again (its ABC figure was 960,839). Top Gear Magazine's circulation fell by 4.6 per cent to 191,539 while Good Food was down 5.5 per cent to 332,198.
There was more encouraging news for Olive, the lifestyle food title, which recorded a 2.9 per cent increase in circulation to reach an average of 96,034. BBC History Magazine was among the publisher's star performers with a 7.2 per cent rise to an average circulation of 69, 353. And the publisher continued with its strategy of building titles on the back of successful BBC TV shows with BBC Who Do You Think You Are? posting a circulation of 22,373.
Peter Phippen, the managing director of BBC Magazines, says: "The market - and the weather - have proved to be challenging to magazine publishers over the past six months but BBC Magazines' brands have shown resilience."
Hats off to Conde Nast for attempting to introduce some creativity into a drab magazine scene with wheezes such as the launch of a newsagent next to its offices and this week's 15th birthday party for Vogue.com. Otherwise, the publisher was left to talk about a rise in subscriptions of 9 per cent despite an overall average circulation decline of 1.8 per cent across its titles.
The glossy titles Vogue and GQ recorded stable circulations. GQ was static on an average circulation of 120,087, while Vogue's circulation rose by 0.4 per cent to 211,277.
Tatler and Wired both recorded circulation increases (of 1.1 per cent and 3.7 per cent respectively) but the publisher's biggest-selling title, Glamour, suffered a 2.9 per cent decline in its circulation. However, the monthly magazine's average circulation remains above the half a million mark at 500,591.
Conde Nast's monthly women's title Easy Living also continued its pattern of shedding readers, posting a circulation of 160,061, down by 5.9 per cent. House & Garden's circulation declined by 2.8 per cent while World of Interiors and Vanity Fair showed small increases.
Nicholas Coleridge, the Conde Nast managing director, says that, despite difficult economic times, the ad market for its titles has proved resilient: "Commercially, after double-digit growth in advertising pages last year, we're seeing a continuing bounce in 2011."
PUBLISHERS RANKED BY THEIR TOTAL ABCS
Publisher Total ABC Year-on-year Period-on-period
% change % change
IPC Media 6,562,956 -1.1 15.4
Bauer Consumer Media 3,569,610 -8.6 26.8
NatMag 3,112,939 -2.4 2.0
BBC Worldwide 3,110,197 0.5 5.5
H Bauer 2,969,968 -1.9 0.1
Conde Nast 1,566,536 -1.8 1.7
Northern & Shell 1,443,554 -14.1 -3.6
Future Publishing 1,300,553 -6.9 n/a
Shortlist Media 945,820 2.4 0.07
Hachette Filipacchi 887,009 0.1 0.05
Source: Audit Bureau of Circulations, July-December 2010
Circulation 2010 210,204
Circulation 2009 189,201
% change 11.1
The sluggish UK economy, combined with international political and social unrest, has fuelled the thirst for news and current affairs magazines. While the domestic sector was up 2.4 per cent, The Economist proved to be the star performer breaching the 200,000 mark for the first time.
Circulation: 2010 126,379
Circulation: 2009 112,135
% change: 12.7
IPC's lifestyle monthly for "modern, suburban women" posted the largest circulation increase for the six months to December 2010 and year on year. Its initiative to use real women as cover models can, therefore, be judged to be a success.
TOTAL TV GUIDE
Circulation: 2010 121,379
Circulation: 2009 110,748
% change: 9.6
Despite operating in a crowded market, H Bauer's Total TV Guide reported the biggest increases both year on year and period on period. While this makes it a relative minnow compared with its big sister TV Choice (which was up 4.6 per cent to 1,362,384 copies), Bauer believes there is further growth to come.
Circulation: 2010 443,750
Circulation: 2009 430,089
% change: 3.2
NatMag's Good Housekeeping has now become the tenth biggest-selling magazine in the UK and has recorded its highest ABC since the July-December 2007 period. Subscriptions stand at 219,416, while it performed strongly at the newsstand with sales up 5.1 per cent year on year.
Circulation: 2010 231,028
Circulation: 2009 226,502
% change: 2.0
Red, which relaunched its website at the end of last year, kept its lead against its rival in the thirtysomething market, Conde Nast's Easy Living. A more judicious use of covermounts seems to have been a success - Red had just one in the latest period, a Neal's Yard moisturiser in its September issue.
Circulation: 2010 68,610
Circulation: 2009 102,043
% change: -32.8
The death of the age of the lad has been a protracted one, but Zoo's loss of nearly one-third of its circulation was still startling. Quite whether a planned revamp that includes a cut in the nipple count will resurrect it will be interesting to see.
Circulation: 2010 49,448
Circulation: 2009 71,251
% change: -30.6
A change of ownership - IPC offloaded the title to Vitality in October - couldn't prevent the lads' sector's trailblazing title continue to nosedive, slipping below the crucial 50,000 mark. Vitality needs to come up with a plan and fast.
Circulation: 2010 450,946
Circulation: 2009 588,546
% change: -23.4
There was bad news across the board for Richard Desmond's stable of celebrity titles, suggesting a deep malaise in the market most evident by Bauer's Heat losing nearly 20 per cent of its readers. OK! was hit by the biggest fall year on year - down 23.4 per cent.
Circulation: 2010 32,166
Circulation: 2009 38,486
% change: -16.4
From a high of 76,792 five years ago, NME's decline has been startling and it is in danger of slipping out of the top ten film and music titles. Too much of a focus on digital extensions might be to blame for a decline in its core magazine product.
Circulation: 2010 400,575
Circulation: 2009 430,353
% change: -6.9
Despite a relatively stable women's glossies market, Cosmopolitan performed relatively poorly, particularly in contrast to its direct rival, Conde Nast's Glamour, which has increased its lead over Cosmo from 93,000 to 109,000, despite experiencing a 2.9 per cent fall over the year.


text:
Jio reprises Surprise, now 303 users are getting recharged, these bangle benefits. The residents of Jio are getting some new benefits every other day. Now there is another special news for Jio users, which means that they are about to get a surprise once again. Explain that Xiao is giving some other benefits to his Prime Summers Summers Surprise Offer.
It has come to the news that through this new scheme, users are getting extensions in their plans. Let me know if you got Rs 303 in Jio. If Reliance was recharged then Reliance will give you 28 days of free 84 days and free data. For example, where the offer was to end in July, now it will end in August.
Jio Xiaomi Offer – Free upto 30GB 4G Data for All Xiaomi Mobile Users
These benefits are being given to every person who was recharged for 303 rupees. If you want to know whether you got this summer surprise or not, then you can check it by going to your new app. Here’s a 28-day countdown show.
It is worth mentioning that Jio first got Rs 303. , But had to shut it down for some reason and then the company got Rs 309. Had issued the offer. Those people who had got 303 recharge during this period, these benefits are being given only to those people.
We hope you have enjoyed our work, if you liked it Please help us reach more people like You. Share this article with your Friends using below buttons. Sharing is Caring 💗


text:
The Release Of Diablo Immortal In China Was Reportedly Postponed Indefinitely Back In June
The authors of the action RPG managed to settle the scandal. According to sources who spoke to Bloomberg, Diablo Immortal will debut in China on July 25, 2022, one month after its worldwide release. However, the release date is still liable to change.
The release of Diablo Immortal in China was reportedly postponed indefinitely back in June while local publisher NetEase completed “several optimizations to the game.”
RELATED: Ubisoft Discusses Community Concerns Over Rainbow Six Siege In Latest Developer Blog
However, Bloomberg claims that the month-long delay was brought on by a now-deleted social media post that was perceived as equating president Jinping with Winnie The Pooh. Diablo Immortal is currently scheduled to launch in China on July 25.
Since 2017, Winnie The Pooh has been prohibited in China due to the government’s perception that similarities between the bear and Chinese presidents amount to state slander.
RELATED: An Update Just Went Live To Address Issues In Red Dead Redemption 2 For PC
According to Bloomberg, NetEase’s Weibo account was suspended for “violating applicable laws and regulations,” most likely in connection with the Winnie The Pooh tweet. Weibo is a well-known social media platform in China.
According to a story from earlier this month, by postponing the release of Diablo Immortal in China, Blizzard was possibly losing millions of dollars in revenue every day.
Microtransactions, the game’s primary source of income, have drawn loud criticism from fans since the game’s introduction last month, who said it provided players with a pay-to-win system. However, blizzard refuted these assertions in July, asserting that most gamers weren’t making real-world purchases.
Following a contentious post on Diablo Immortal’s Weibo profile, the game’s initial release date was postponed. The professional in charge of looking after the account wrote in it, “Why doesn’t the bear leave?” in a post.
A substantial amount of criticism has been leveled towards Diablo Immortal’s “predatory” microtransactions, which gamers claim are intrusive and pricey, despite the game’s financial success.
Blizzard’s lowest user-rated game is Diablo Immortal, but Mike Ybarra, the company’s president, has defended the game’s in-game purchases.


text:
U.S. government ordered Nvidia – an American semiconductor chip manufacturer – to stop exporting cutting edge chips used in artificial intelligence to China
In the latest round of the global tech battle, the U.S. government ordered Nvidia – an American semiconductor chip manufacturer – to stop exporting cutting edge chips used in artificial intelligence to China. Shares of Nvidia fell by about 9 percent, wiping out about US$40 billion in market value. The company expects to lose $400 million in sales in a single quarter.
As economic and geopolitical competition heats up, managers should expect more restrictions on where, when, and how their firms can compete. This is a far cry from not too long ago, when politics was opening markets, not closing them. Back then, the concerns were about stateless companies, metanationals, or denationalized firms that were not bound by geography. A firm that was headquartered in one country, had its top management team in another, financial assets in a third, and employees and operations in several others. Allegiance to or even affiliation with a political state was considered unnecessary, a disadvantage, or irrelevant. Some of the largest firms were seen as more powerful than many nation states.
That narrative, however, seems to have come to a screeching halt. Corporate nationality is back, whether by design or default. No longer can firms deny or overlook their nationality. In the new global order, corporate nationality may be one of the most significant factors for many companies, whether they have international operations or not. Managers who don’t consider this aspect of their business will be ill-equipped to deal with geopolitical factors, fail to assess political risks, and underleverage potential advantages.
First, some firms will face increased hostility in foreign markets not because of their corporate actions but because of their corporate nationality. A stark example is the pressure Chinese firms faced in India in 2020. Following a border clash between India and China, more than 300 Chinese apps – including Tencent Holding’s WeChat and ByteDance’s Tiktok – were banned in India. Many of these apps were hugely popular in India prior to the ban. For instance, TikTok was the top downloaded app in India on the Android platform in 2019. And for ByteDance, India was among the largest markets outside China. Their exit from the country, then, had little to do with the market factors, and everything to do with their corporate nationality.
We can see a similar narrative in the case of Qualcomm, an American chip maker. Their proposed takeover of the Dutch company NXP was derailed in 2018 when China let the clock run out on the deal, forcing Qualcomm to pay a $2 billion break-up fee. Although the Chinese state media reported that the actions reflected the enforcement of antitrust laws, Qualcomm CEO Steve Mollenkopf highlighted geopolitical considerations. Indeed, China’s actions came right on the heels of US action to block a $117 billion takeover of Qualcomm, crippling actions on the Chinese telecommunications company ZTE, and additional tariffs on Chinese goods worth tens of billions of dollars. Set against this background Mollenkopf acknowledged in a Reuters report, “We obviously got caught up in something that was above us, so I don’t know if I would conclude anything about our own business, our ability to invest [in China] or partner with Chinese companies”.
Second, some firms will find new opportunities because of their corporate nationality. Perceptive firms will wear their corporate nationalities on their sleeves, to take advantage of a real or perceived national advantage. With the U.S. Congress passing the CHIPS Act, foreign companies like Samsung Electronics and Taiwan Semiconductor Manufacturing Company are likely to receive tax breaks and subsidies. These companies may be the most sophisticated memory chip manufacturers in the world, but their success in the U.S. is partly also because they come from South Korea and Taiwan respectively, longstanding U.S. allies.
At the same time, corporate nationality can turn from an advantage to a disadvantage. Take the case of Alrosa, the Russian’s biggest diamond producer. The company made a big push, especially in the American market, to highlight its Russian roots and mines. They gambled discerning consumers will care (and perhaps even pay more) for rings and jewelry that didn’t hold a conflict or blood diamond from Africa. And that the Russian firm will trigger associations with romance, classical music, and ballet. But following the Ukraine conflict, Brand Russia is no longer the force it might have been in marketing diamonds. And the U.S. efforts are underway to officially label Russian diamonds as conflict diamonds.
Finally, companies may need to adopt more creative global strategies to balance home and foreign markets. Some are already becoming more resourceful. ByteDance, the owner of TikTok, has segregated its domestic and foreign operations. Douyin, the Chinese social media platform, is controlled from Beijing, but TikTok is owned through a Cayman Islands holding company and has offices in the U.S. and Singapore. Shein, one of the fastest growing fashion companies, does not sell its fashionable clothes in the domestic Chinese market but ships to customers around the world who place orders through mobile apps.
Although nationality was always a key facet of the corporate entity, its relevance for multinational firms has waxed and waned over time. In the context of current events though, the relevance of corporate nationality is back – by design or by default. Identifying and developing strategies to best manage this new environment is the challenge of the next decade.
Prof Srividya Jandhyala is associate professor of management at ESSEC Asia Pacific


text:
UM motorcycle owners complete first ROAR ride to Leh
UM Lohia Two Wheelers, the Indian arm of the American motorcycle maker UM International LLC, recently concluded a motorcycle tour of Ladakh with its customers. Named Hi-Land Quest, this was the first such tour for its club of UM motorcycle owners, Rebels On A Renegade (ROAR). The 15-day tour kicked off in Delhi, covering Manali, Sarchu, Leh, Hunder and concluded in Chandigarh after a total ride distance of 2,300km. ROAR has been operational for the last 10 months and has 18 chapters across the country. The club has been keeping active with fortnightly weekend rides. The ride initiatives are taken up by dealerships, which organise breakfast and overnight rides for customers twice a month.
ROAR group of UM motorcycle owners at Khardung La, Ladakh
ROAR has been building a lot of properties for its customers along with undertaking CSR activities involving members and communities around them, the company stated. UM Lohia Two-Wheelers CEO Rajeev Mishra said, "We were quite excited as it was our first long-distance expedition with ROAR. Not just the customers but we were also equally looking forward to test the durability of our motorcycles there along with the fact that it's the most breathtaking terrain on the planet." To know more about UM Motorcycles, read our first ride reviews of the 2017 UM Renegade Commando Classic and the 2017 UM Renegade Commando Mojave.


text:
On March 26, the Federal Trade Commission (FTC) released “Protecting Consumer Privacy in an Era of Rapid Change”, the agency’s much-an
Connecticut data security law revision proposed to require immediate notification of state Attorney General (H.B. 5427)
The Connecticut Joint Committee on Judiciary introduced H.B.
A number of interesting bills have been introduced in Tennessee, Oklahoma, New York, Hawaii, Virginia and Georgia on issues of data sharing, data security, healthcare data privacy, data retention,
The European Union today released a huge overhaul of European Union (EU) data privacy and data security laws, desig
Trans-Atlantic Conflict: Regulators in Europe and the U.S. Ready New Privacy Rules and Sneer at Each Other
Major revisions to the European Union's Data Protection Directive have been delayed.
De-identification: A Potential Solution to Protecting Personally Identifiable Information in Marketing Research?
De-identification, those oblique techniques that seemingly render personally identifiable information (PII) harmless, could be the linchpin to any overarching federal data privacy law that would av
The Federal Trade Commission (FTC) reached a settlement yesterday with Facebook for charges "that it deceived consumers by telling them they could keep their information on Facebook private, and th
Senate accedes to MRA's top demands, drops biggest MR concerns from data security legislation (S. 1207)
The Senate Commerce Committee is circulating a new draft of the "Data Security and Breach Notification Act" (S. 1207).


text:
The National Hot Rod Association (NHRA) is the latest racing sanctioning body to take a serious look at electric cars. Organizers are asking for input on how to make electric cars a bigger part of drag racing, the association announced on Monday.
The NHRA plans to host a series of meetings on the topic, beginning with one during the Gatornationals at Florida's Gainesville Raceway later this month. It's an "open invitation to interested parties to participate in an open dialogue on the topic," the organization said in a press release Tuesday.
That invitation, includes, but is not limited to, automakers, aftermarket parts suppliers, race-car builders, and safety-equipment manufacturers, the NHRA said. The organization hopes to gauge interest in electric drag racing, and discuss safety protocols for electric race cars.
"When it comes to drag racing electric vehicles, we want NHRA to be the leader, not a follower," Ned Walliser, NHRA vice president of competition, said in a statement.
Ford Mustang Cobra Jet 1400 prototype
Electric drag racing is nothing new. The NHRA noted that electric cars and motorcycles have been included in its rulebook "for many years," and YouTube is full of videos of Teslas humiliating internal-combustion cars at the dragstrip. Long before Tesla, drag racing was a major outlet for homebuilt EVs, with cars like the "White Zombie" 1972 Datsun 1200 showing the potential of electric power.
However, the NHRA believes now is the time to get more invested in EVs, hoping it will bring in a younger demographic and dovetail with automaker efforts to electrify road cars. While this might make room for a class of cars like the Chevrolet eCOPO Camaro and Ford Mustang Cobra Jet 1400 prototypes, don't expect electric cars to replace traditional dragsters anytime soon.
"We certainly have no intentions of abandoning our current platform, which has proven to be extremely popular with racers and fans alike," Walliser said.
Like road cars, race cars are slowly getting greener. Formula E has carved out a niche for electric single-seater racing, and is adding the Extreme E off-road racing series. Formula One already uses hybrid powertrains, and IndyCar plans to follow suit in 2023 (one year later than planned due to coronavirus delays). NASCAR is also considering hybrid powertrains.