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April 16, 2014 ChannelAdvisor Introduces Smarter E-Commerce in 2014 Spring Release
Latest product update enhances digital marketing, repricing and fulfillment capabilities for online retailers
Research Triangle Park, NC – April 16, 2014 – ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, today delivered new features that help retailers become smarter about e-commerce. ChannelAdvisor’s 2014 Spring Release adds unique features to the company’s platform to improve the way retailers advertise across online channels, reprice products on Amazon, fulfill online orders, maintain optimal seller status and more.
“In our ever-changing industry, the only way for retailers to stay ahead is by working smarter, not harder, and the 2014 Spring Release offers features to do just that,” said ChannelAdvisor Vice President of Product Management Link Walls. “It’s our job to deliver the tools necessary to simplify the online selling process, and our new functionality allows retailers to improve core strategies and processes to make the most of every e-commerce opportunity.”
ChannelAdvisor’s 2014 Spring Release focuses on five areas:
- Smarter Digital Marketing: ChannelAdvisor Digital Marketing calms the chaos of managing disparate online advertising programs, bringing paid search, Google Product Listing Ads (PLAs), comparison shopping, display, social and more under one umbrella. More specifically, ChannelAdvisor Digital Marketing now offers support for Google Merchant Promotions so retailers can easily advertise special offers within Google PLAs. ChannelAdvisor’s new Portfolio Bidder predicts optimal bids to help maximize revenue for online retailers and manufacturers.
- Smarter Repricing: The ChannelAdvisor Repricer with Pricewatch includes predictive capabilities that give retailers a preview into how certain repricing rules compare to other retailers’ prices before setting a strategy. The Repricer provides immediate feedback on the repricing strategy and leaves little room for errors and uncertainty. ChannelAdvisor’s new Pricewatch feature keeps a constant eye on retailers’ Amazon products and reprices in near-real-time to help ensure they win the Buy Box.
- Smarter Fulfillment: The new Multiple Distribution Centers feature gives retailers the ability to fulfill orders as efficiently as possible. ChannelAdvisor manages all fulfillment options and allows retailers to give certain distribution centers priority over others with Prioritized Distribution Centers. ChannelAdvisor’s Proximity Order Routing cuts delivery time and shipping costs by allowing retailers to fulfill orders from the distribution center closest to the customer.
- Smarter Marketplaces: ChannelAdvisor helps retailers sell more on marketplaces while maintaining optimal seller status ratings with overselling protection, improved categorization and product matching technology, mobile optimization and more. Retailers can now use ChannelAdvisor’s Amazon Product Matching Error Resolution feature to map their products to Amazon’s catalog — one of the biggest hurdles to selling on marketplaces. Likewise, ChannelAdvisor makes it easy for retailers to be smarter about their eBay presence with features like improved oversell management, responsive mobile ad templates and additional mobile optimization features.
- Smarter Webstores: ChannelAdvisor Webstores Amplifier integrates with Bigcommerce and Shopify to synchronize inventory data between a retailer’s webstore and listings on Amazon, eBay and other marketplaces, amplifying their online reach, capabilities and results. Now, retailers using Shopify in brick-and-mortar locations will have the ability to merge online and offline channels with ChannelAdvisor’s support for the Shopify point-of-sale (POS) system.
ChannelAdvisor customers are already seeing the benefits of the updated platform.
“ChannelAdvisor Digital Marketing has really helped us accelerate our online advertising strategy in the last year by finding new customers online, getting our products in the right places and making sure that the right people are seeing our ads,” said Michael Kane, director of marketing for Karen Kane. “ChannelAdvisor Digital Marketing’s various functionalities have allowed us to connect with a whole new generation of shoppers who may not have discovered us in stores and are now finding us online.”
“Fulfillment is an increasingly important part of our business, and ChannelAdvisor’s support for Multiple Distribution Centers allows us to selectively use inventory from our different distribution centers across North America on different marketplaces,” said Tim Odom, president of The AAM Group “Using this new feature, we are now able to leverage our geographical diversity, while meeting each marketplace’s shipping requirements.”
The ChannelAdvisor platform offers retailers and manufacturers leading cloud-based solutions to efficiently automate and manage the online selling process across multiple channels, including third-party marketplaces and digital marketing channels such as paid search and comparison shopping engines. Through a single inventory feed, ChannelAdvisor customers can manage their overall online selling process, from listing to order management, from one platform. By eliminating the tedious tasks of optimizing online listings and analyzing performance, ChannelAdvisor enables sellers to increase sales and successfully scale their e-commerce businesses.
For more information, download the 2014 Spring Release eBook: http://bit.ly/2014SpringRelease.


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The Straits Times reports
SINGAPORE – A total of 117 suspected drug offenders were arrested by the Central Narcotics Bureau (CNB) in an islandwide operation between Oct 10 and 21.
Drugs with an estimated street value of $19,000 were seized, including 38g of heroin, 52g of Ice, or crystal methamphetamine, 254g of cannabis, 180g of cannabis products, three cannabis plants, 4g of Ecstasy tablets, five LSD stamps and a bottle of liquid suspected to contain gamma-hydroxybutyrate or GHB – a psychoactive substance.
Packets of candy, suspected to contain cannabis, were discovered by Immigration and Checkpoints Authority (ICA) officers at the Parcel Post Station in Eunos.
On Friday, CNB said that to entice more youth to consume these products, drugs such as cannabis are added as ingredients to candy and baked goods, and irresponsibly marketed as food that can be consumed.
CNB said: “Parents (should) play an active part to protect our youth from the menace of drugs, and to remind their children that they should not consume or accept products unknown to them or offered by strangers.”
Some products containing cannabis may also be marketed as health products, such as cannabidiol oil and hemp seed oil.
On Oct 15, ICA officers detected a parcel of five packets of candy suspected to contain cannabis. The case was referred to CNB for further investigations.

domain: news


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While we wait for Google's and Samsung's Galaxy Nexus to get a U.S. release date and pricing, some reviews are popping up for the international version of the phone. Data speeds aside, these Galaxy Nexus reviews will tell you everything you need to know about the next Google phone. Here's a roundup of what critics are saying:
The Galaxy Nexus is a humongous phone, thanks to its 4.65-inch 720p display. Mashable's Charlie White loved the design:
"Looking at the phone from the side, I realize this is not the thinnest smartphone I've ever seen -- that honor goes to the Motorola Droid Razr -- but at 8.94mm, it's slim enough. And, it's the first smartphone I've ever seen with a gentle curve to its body, accompanied by a remarkable 'Contour Display' whose glass is also gently curved. It's a subtle effect, but I think it's downright beautiful."
CNet's Kent German and Jessica Delcourt weren't as impressed, proving that hardware design is usually a matter of personal taste: "It's eye-catching yes, but like other Samsung phones before it, the Galaxy Nexus also feels too fragile in the hand, even at 4.76 ounces," they wrote. "Here again we fear that we have to be extra careful not to drop it even once on a hard surface."
As one of the first smartphones with a 720p display, the Galaxy Nexus rivals the "Retina Display" of Apple's iPhone 4 and iPhone 4S in pixel density, but with a much larger screen. Here's Miriam Joire of Engadget:
"Fonts are crisp, colors are vibrant, blacks are deep, and viewing angles are exceptional. However, we noticed an issue with the auto-brightness setting, which functions properly in daylight but is too dim in low-light environments."
The Verge's Joshua Topolsky also found nits to pick:
"Generally, I'm in love with the Galaxy Nexus screen, though it isn't exactly perfect. As with the Nexus S, I noticed some color aberrations and odd striations which were visible when there was a large swath of solid, lighter colors visible (a plain gray background, for instance)."
Android has never been known for smoothness, and even some of the newest smartphones have a herky-jerky feel in some places. But according to Joshua Topolsky at the Verge, those issues have been scrubbed clean on the Galaxy Nexus, which runs Android Ice Cream Sandwich on a 1.2 GHz dual-core processor.
"Touch response is excellent on the phone -- everything reacts quickly to your movements. Homescreen scrolling was snappy, moving into and out of apps was instantaneous, swiping through long lists was stutter free, and web browsing (even on heavy pages like ours) was super speedy. Game frame rates were smooth, photo viewing and editing was frictionless, and the phone handled heavy multitasking with aplomb. It's obviously a combination of great hardware and great software, but the Nexus is probably the tightest feeling, snappiest Android phone I've ever used. It's awesome."
(For more on the features of Android Ice Cream Sandwich, check out our Android 4.0 overview.)
The most noticeable difference between the Galaxy Nexus and older Android phones is its lack of hardware buttons for navigation. Instead, the Galaxy Nexus uses the same kind of software buttons found on Android tablets, including a home button, a back button and a button that calls up your most recent apps. Other functions, such as menu and search, appear and disappear as needed.
TechCrunch's Jason Kincaid liked the new setup, but said it took some getting used to:
"Aside from the ommited Search button, which I miss simply because it makes my beloved voice control harder to get to, this new setup feels like a huge step in the right direction. Most people are going to be excited about Ice Cream Sandwich's more flashy features, but this is a fundamental and important change that is going to make Android easier to use for a lot of people -- which is why I've spent so many words on it."
Although 8-megapixel cameras have become the norm for high-end handsets, Google and Samsung stuck with a 5-megapixel sensor for the Galaxy Nexus. Here's Harry McCracken, writing for Time:
"The photos I took with the 5-megapixel rear-facing camera on the Galaxy Nexus weren't as nice as ones from the 8-megapixel model on the iPhone 4S, which is almost incapable of producing bad shots. I did, however, appreciate how amazingly snappy the Nexus's camera is--when Google claims it has zero shutter lag, they're serious. And a fun panorama feature, similar to the one on some Sony cameras, lets you create 360-degree views by sweeping the phone around you in a circle."
In the end, most reviewers came to the conclusion you'd expect from a flagship Android phone: it's the new champ.
"The Samsung Galaxy Nexus is by far the best Android phone I've seen yet," said Mashable.
And here's CNet, with a bit of dissent: "The trouble is, though, that iOS and Windows Phone, with their manual-not-required interface and attention to the user experience, are waiting to scoop up consumers who find the new Android to be too much. By taking a step forward, ICS will win a few of them back, but it also keeps a foot in Android's cluttered past.
The Verge gets the final word here: "It's one of the best smartphones ever made, and with a couple of minor tweaks (particularly to the camera), it could be the best smartphone ever produced," said The Verge.


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COVID clearly remains a global public health threat and continues to spread in many countries. But in the U.S. – as with many other countries across the globe, consumers are spending again, and the American economy is awakening from its artificially induced slumber.
“We are seeing huge pent-up demand and are all likely to underestimate both its magnitude and duration,” says portfolio manager Chris Buchbinder.
“As we've seen in Israel, China and other countries, as you get the virus under control, new cases plummet and activity rises rapidly, so I expect the economic rebound we are seeing in the U.S. to ramp up dramatically.”
Thanks largely to rising consumer spending and trillions in government stimulus, U.S. gross domestic product rose an annualized 6.4% in the first three months of the year, and total U.S. economic output could return to pre-pandemic levels by the end of 2021, years ahead of earlier expectations.
In fact, the International Monetary Fund (IMF) expects 6.4% U.S. GDP growth for all of 2021 — more than double a January estimate of 3.1% after U.S. household income growth soared to a record 21.1% this March.
“The recovery always came down to whether there would be enough stimulus to sustain us through the shutdowns,” says Capital Group U.S. economist Darrell Spence. “And with the vaccine rollout compressing the time between stimulus and the functional end of COVID, we could see even stronger growth than the market expects today.”
Sitting on a cash stash
Indeed, many U.S. consumers — sitting on a cash stash and ready to spend it — have already begun to turbocharge the recovery. Aided by stimulus cheques and a recovering jobs market, personal savings rates soared to 21% of disposable income in the first quarter of 2021. And there are indications that consumers, many of them fully vaccinated, are planning to use some of their cash to take long-delayed holidays or simply get out of the house and go to dinner. Bookings for domestic air travel and reservations placed through online service OpenTable have rebounded strongly.
“Our memories are marked by experiences and connectedness with other human beings, so I think travel and dining out will come roaring back,” says Hilda Applbaum, a portfolio manager “But the market anticipated this. The question is, ‘Have any of these companies become even stronger because of COVID?’”
Many businesses in the travel and leisure industries did not take the pandemic pain standing still. Cruise lines like Royal Caribbean have established strict protocols to limit the spread of illness when sailing resumes. Companies like Hilton are buying more properties and streamlining operations. In food service, Darden, a multi-brand restaurant operator, adopted pickup service, online ordering and contactless payments.
“Some companies have used the crisis to innovate and improve,” Applbaum says. “I try to invest in those that are positioned to surpass the competition when the reopening picks up speed.”


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Original title: Traditional consumption such as air conditioners and fans continues to be hot, and new “playing methods” such as pets to cool off and canyoning to enjoy the cool are emerging one after another (quote)
The rolling heat wave helps “burn” the high temperature economy (theme)
Sunscreen, shade, iced drinks, rush rush! Watermelon, takeaway, air conditioner, can’t stop! The continuous high temperature weather in many places not only “contributed” a lot of hot searches, but also helped “burn” the summer economy.
Among them, there are not only traditional items that people are familiar with, but also new “playing games” such as pets to cool off and canyoning to cool off. Consumption in summer presents a trend of diversification, novelty and personalization.
“Ice Washing Air Cooling” Hot Selling
“People are easier than ice cream” “Do you believe that 11 o’clock at night is still 37 ℃?” At the same time that people are amazed at the high temperature, watermelon has become the sales champion of many fruit shops, and sunscreens, sunscreen umbrellas, ice sleeves and other sunscreen products are added to the summer Must buy list.
Since July, the sales of air coolers and air-conditioning fans on the Meituan platform have increased by more than 370% year-on-year. Among them, Chongqing increased by more than 375%.
“Recently, the sales of refrigerators, fans and air conditioners have risen sharply.” The person in charge of Chongqing Jiangbei Walmart supermarket said that the sales of air conditioners alone reached hundreds of units per day. On the Suning.com platform, special air conditioners from brands such as Oaks and Kelon and some brand refrigerators have already been sold out, and floor-to-ceiling fans of more than 100 yuan have also become popular.
Under the high temperature, netizens complained about “washing three times a day” and “going out for two minutes and sweating for two hours”. The frequency of “showers” in many cities has increased significantly, driving the sales of instant retail toiletries to increase by 79% year-on-year.
In addition, the data shows that the sales of “edible ice cubes” in Chongqing increased by more than 133% year-on-year, and the sales of Huoxiangzhengqi liquid increased by more than 380% year-on-year.
Fancy summer escape adds summer fun
Ice watermelon in spring water, playing mahjong on water, “dumplings” in the swimming pool, and enjoying the cool in air raid shelters… In the past few days, Chongqing people have come out endlessly to relieve the summer heat.
In Chongqing Jihuayuan Ski Resort, the reporter saw that tourists skiing inside had to wear thick coats. The staff said: “Recently, the number of people who come to ski has increased significantly, which is 3 to 4 times that of last year.”
“It’s too hot, so I specially brought children to the ski resort to escape the heat and exercise,” said Peng Feng, a resident of Chongqing.
In the wave pool of Haichang Caribbean Sea World in Nan’an District of Chongqing, more than 100 tourists are excited and play in the water. The venue’s maximum visitor capacity is 15,000, and it has been full every day recently.
The reporter saw in the 28 ℃ Living Water Museum located in Liangjiang New District of Chongqing that the swimming training was orderly and the water park was very lively. The relevant person in charge said that the turnover in June has exceeded 1 million yuan, which is about 5 times that of the beginning of the year, and in July, it has set a record of more than 1.5 million yuan.
In addition to special swimming pools, various scenic spots in Chongqing have also launched water sports, and added a lot of interesting ways to play. Chongqing Meixin Wine Town Water Park launched the challenge of playing ice mahjong on an ice bench to attract tourists to participate. According to statistics, since the opening of the water park on June 1, the scenic spot has received nearly 150,000 tourists.
While the swimming pool is full, pets also have a new experience. Many citizens who keep pets try to cool down their pets.
The reporter saw in a pet summer shop in Ranjiaba, Chongqing, that pets can enjoy services such as eating ice, shaving, bathing, swimming, ice pads, and fostering in air-conditioned rooms, with prices ranging from tens to hundreds of yuan.
The person in charge of the pet store told reporters that recently, more customers bring pets to bathe on weekends and at night, and there are about 40% more dogs coming to swim than before. In addition to “undressing” or swimming for pets, the sales of summer cooling artifacts such as pet cooling pads, pet cooling ice beds, and pet ice scarves are very impressive, and hundreds of them are sold every day.
New trends in high-temperature consumption continue to emerge
Fengjie County in Chongqing has the reputation of “China‘s Climate Livable County” and “China‘s Natural Oxygen Bar”. The relevant person in charge of the county told reporters that the county took the opportunity of the opening of the Zhengyu high-speed railway to focus on building the “Three Gorges Liangdu” brand with an area of 741 square kilometers. 4 Tujia townships in Yunwu and Yunwu were developed in a contiguous manner, and the largest alpine summer resort in the area around the Three Gorges of the Yangtze River was built, turning “cool resources” into “heat income”.
“The heat in the city is really hot, and the heat in the mountains is fiery.” The person in charge of Henghe Tujia Township in Wanzhou, Chongqing said, focusing on building a national mountain tourism and vacation destination, the township continues to improve supporting services, and sell “cool” through “summer” “, the attraction of “migratory birds” continues to increase. As of August 4, 200,000 tourists have come to Henghe Tujia Township to escape the summer heat this year, a year-on-year increase of 65%.
The reporter learned from Fengdu Nantian Lake, a natural oxygen bar in eastern Yudong, where the average summer temperature is 20°C and the forest coverage rate is 74%. Relying on high-quality eco-tourism resources such as Shizikou Forest Area and Niu Qianxia Rafting, it has become a national-level tourist resort. Area.
“When the summer is the hottest, come to Shizikou to set up a tent under the shade of a tree. It’s not hot at all, and you have to bring a blanket. It’s too comfortable,” said Li Li, a tourist from the main urban area of Chongqing.
It is understood that among the water play consumption projects, outdoor rafting is popular with the public. Taking Chongqing as an example, tourist attractions such as Longhu Gorge Rafting, Niuqiang Gorge Rafting, and Buddha Shadow Rafting have recently increased by more than 15 times year-on-year.


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Zapf Creation, the maker of Baby Annabell and BABY born, is transitioning to plastic-free doll packaging. Released for Earth Day, a new video from the brand shares how its young fans view plastic. Zapf's video makes it clear that young children understand the impact that single-use plastic has on the planet, as many expressed concern for animals and waste pileup.
As part of its pledge to go plastic-free, the brand is phasing out its traditional transparent window boxes and it will replace single-use plastic with closed box designs. Within the boxes, items like cable ties and plastic bags will be traded for paper packaging alternatives.
By fall 2022, the company hopes to have its entire range be free from plastic packaging.


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Even though April Fools’ Day hasn’t arrived yet, the pranks have already begun.
Since big brands’ embrace of April Fools’ Day resurfaced last year – after a year of hibernation due to the COVID shutdown – some have attempted to get a head start on the pranks. It’s the most recent twist on a holiday that dates back centuries.
Most infamously, Volkswagen caused a stir last year when it revealed three days before April Fools’ Day that the German automaker would be changing its name in the United States to “Voltswagen” as a sign of its commitment to electric vehicles. However, it turned out to be a badly executed joke.
It’s a simple turn of the calendar, the ending of a month and the beginning of another. So how did it become a time for jokes and pranks?
According to a history of the holiday written by Stephen Winick of the Library of Congress’ American Folklife Center, the earliest – and cleanest – historical reference comes in a Flemish poem from 1561 in which a nobleman sends his servant on “fool’s errands” on April 1 in a Flemish poem.
People who were slow to adopt the change of calendar from the last week of March to January 1 – due to the Council of Trent’s decree to switch from the Julian to the Gregorian calendar – were dubbed “April fools” and played tricks on, according to History.com.
April Fools’ Day had become a staple of American culture by the nineteenth century. According to the Encyclopedia of American Folklore, Mark Twain is credited with saying, “The first of April is the day we remember what we are the other 364 days of the year.”
Returning to Volkswagen’s April Fools’ joke, the company finally admitted on March 30, 2021 that the name change announcement was a hoax. Many news organizations had inquired whether the name change was a joke before publishing stories about it, but had been assured that the announcement was genuine.
Rita McGrath, a Columbia Business School professor and corporate strategy expert, says that getting that April Fools’ Day boost in attention for your brand without hurting it requires walking a fine line.
Volkswagen’s ruse from 2021, on the other hand, went too far. “It was a blunder.”
“April Fool’s Day is definitely useful as a way of breaking through the clutter of messaging most of us are exposed to,” McGrath said in an email exchange. “The benefit of the day-before-and-then-we-were-just-kidding strategy is that it could be JUST plausible enough that people start talking about but not a big serious commitment that would provoke a backlash when the company pulls back.”
A new Google Gmail feature called the Mic Drop included a GIF of a yellow animated minion dropping a microphone, which was another April Fools’ Day prank gone wrong. Unintentionally, the joke feature was attached to many emails and had to be disabled.
“We’ll be doing a series of these things,” White House spokesperson Mike McCurry said at the time, according to the Inquirer, on the 25th anniversary of the stunt. The Lincoln Memorial will be renovated by Ford Motor Company. “It’ll be the Lincoln Mercury Memorial,” says the narrator.
April Fools’ jokes are made more dangerous by the fact that humor is subjective. The Taco Bell prank, on the other hand, was spot on. “Whether you agreed with the prank or not, it certainly generated buzz that in turn converted to significantly increased sales for the company,” McGrath said.
Hellmann’s first dessert mayonnaise – Hellmann’s Mayonnaise – was an early entrant. Butterfinger is used in this recipe. Consider it a sandwich spread version of a Dairy Queen Blizzard.
Expect the good times to last all day.
Velveeta’s new line of V by Velveeta beauty products, including moisturizer and night cream, was one of last year’s best April Fools’ teases. The prank video said, “The creaminess of Velveeta, now in skincare.” Parents wished at least one prank product pitch was true: LEGO’s SmartBricks, toy building block pieces that could automatically move out of the way when a person approached.


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Request Foods, a processor of private label frozen entrees and side dishes, has announced plans for a $205 million expansion of its facility in Holland Twp., Mich.
The expansion of the existing 300,000-sq.-ft. facility will take place in four phases. The first will add to the plant’s capacity to process family-sized and bulk meals, according to MiBiz.com. The next will add 157,000 sq. ft. of frozen warehouse space, with potential for adding another 100,000 sq. ft. in the future. Request also is planning a new production plant for ready-to-eat meals, which will be created out of existing warehouse space, and an upgrade to its wastewater treatment plant.
Request received a total of $10.5 million in various local government incentives for the project, MiBiz reports.


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60 million Americans have smartphones
More than half of U.S. mobile subscribers own feature phones without advanced applications capabilities. (Mobile Marketer- January 2011).
In 2012, for the first time,
there will be a larger number of smartphones sold than desktop PC’s combined.
(Coady Diemar Partners- November 2010).
27% of mobile phone users
(ABI Research-May 2010)


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Sonic 4 has been delayed, but an iPhone edition is planned.
Apple could be prepping a special all-white edition of the iPhone 4G.
Google has started to update Nexus One smartphones with Android 2.2.
An image showing the BlackBerry Bold 9800 slider with a software keypad has emerged online.
Apple has withdrawn the iSlam Muhammad app from the iPhone's App Store.
The next version of Android to follow up on 2.2 is set to arrive before 2010 ends.
Google claims that the web-based sales of the Nexus One did not put off partners.
Nokia users have downloaded instant messaging app eBuddy over one million times.
The Spotify music streaming app has hit the Ovi Store with Nokia smartphone support.
HTC has officially announced an update that will bring Android 2.2 to the Desire.


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In 2006, our industry stepped up to do something no other industry had done. We voluntarily agreed to make significant changes in what we sold in America’s schools as part of a broader effort to teach children about the importance of leading a healthy lifestyle. We teamed with the Alliance for a Healthier Generation, a joint initiative of the William J. Clinton Foundation and the American Heart Association, to develop national School Beverage Guidelines that remove full-calorie soft drinks from all schools and provide more lower-calorie, nutritious, smaller-portion beverage options. Our implementation period is now over … and we're pleased to report that America's leading beverage companies have successfully delivered.
In fact, President Clinton announced the results earlier today at a news conference. Thanks to the School Beverage Guidelines, there are now 88 percent fewer calories from beverages in our nation’s schools - 88 percent! Now that's change we can believe in!
The Alliance School Beverage Guidelines Final Progress Report shows a number of remarkable achievements. Here are some of the highlights:Calories available from beverages in schools have been cut dramatically. In fact, 88 percent fewer beverage calories were shipped to schools between 2004, the last comprehensive data available prior to the agreement, and the end of 2009. Full-calorie soft drinks have been removed. Shipments of full-calorie soft drinks to schools have declined by 95 percent. We have successfully changed the beverage landscape in schools across the country. The guidelines provide for a range of lower-calorie, nutritious and smaller-portion beverage options. The School Beverage Guidelines are a national standard that is in place and working. In short, the beverage industry worked with its school partners to accomplish a change in school nutrition that Washington is still just talking about. And we support making them federal law, a point we have testified to on several occasions.
Our industry is the only industry that has voluntarily and successfully implemented a national standard in schools across the country. For more information and to view the final progress report online, please click here.


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Years of Puzzle Quest, Candy Crush Saga and Bejeweled have all been preparing me for this moment. Now is my time to dominate. To stand over the battered and broken gems of my enemies in Force of Elements.
When we talk about a franchise as popular as Halo, sometimes the numbers get so big as to grossly outsize human comprehension. Today, Microsoft announced that the tentpole franchise has sold more than 60 million copies to date, and that people have put in over 6 billion hours into the online modes.
A player's mettle isn't tested solely by his or her ability to press buttons in the right way, at the right time. When playing against another person, skill is only part of the performance—nevermind when playing with an audience present.Think, for instance, of the taunts in which can one-hit-KO an…
As the first season of competition comes to a close, League of Legends developer Riot Games celebrates by dropping some incredibly impressive player statistics for the free-to-play online action strategy title enjoyed by more than 1.4 million players a day.


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GM’s executive vice president of global product development recently confirmed the Cadillac V-Series lineup would expand in the future and it’s looks like the company is already dropping hints about an XT4 V or XT4 V-Sport.
As noticed by a GM Authority reader, Cadillac’s own website shows a rendering of an XT4 with an unmistakable V badge on its tailgate. The rest of the image largely echoes the standard XT4, but the model depicted in the rendering has a massive dual exhaust system with circular tips.
While it’s likely that the rendering was created before the XT4’s design was frozen, it suggests Cadillac and its designers have been thinking about an XT4 V or XT4 V-Sport for awhile. This isn’t too surprising as BMW M and Mercedes AMG have been cranking out high-performance crossovers for years, while Cadillac has remained focused on sedans and coupes.
Cadillac has been tight-lipped about their future plans for the V-Series lineup, but the company has said upcoming models will have enhanced engines, upgraded brakes and sportier suspensions. That’s pretty much a given, but GM Authority reports the XT4 won’t be offered with a six-cylinder engine. Instead, they believe the XT4 V-Sport will have either a hybridized version of the current four-cylinder engine or a new turbocharged 2.7-liter four-cylinder.
Interestingly, the same page that shows the XT4 rendering also has a picture with a coupe in the background. There’s no telling what it is, but the model looks slightly different than the Cadillac coupe which surfaced in patent images earlier this year. That model could potentially preview a new electric vehicle, dubbed the “Lux Low Roof,” which could arrive in 2020 or 2021.


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The Bordeaux Index view
Fine wines & spirits specialists Bordeaux
Index kindly sponsor this section of Decanter, and provide their view on the market here. They can be found at Bordeauxindex.com. Much has been written in the last few years around the possibility that there is a Burgundy ‘bubble’: that prices are unsustainable and could see a sharp correction. Yet approaching three years on from the rapid market gains of 2017-2018, prices have largely stabilised and indeed in recent months started again on an upwards trajectory.
It is important not to generalise. That 2017-2018 period was noteworthy for the market gains being not only in the best-known names – Rousseau, Roumier, DRC et al – but also in the second and third tiers of producers. Collectors experienced this most markedly in the premiers crus of well-known but not ‘blue chip’ producers moving into a totally different – far less affordable – price context. But the current market momentum behind Burgundy is rather different: top names are seeing pan-global demand, so prices are again heading upwards; the rest of the pack has a different buyer pool and is largely static both in prices and volumes bought and sold – something which the current en primeur pricing context for many such wines will not overly help.


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Latest News on Commercial
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Mar 11, 2019
Watch: Disha Patani's first audition, years before her debut in MS Dhoni: The Untold Story, surfaces onlineDisha Patani's first audition tape for a cold cream commercial has gone viral on the internet.
Jan 04, 2018
Maharashtra allows industrial land to be put to residential or commercial use; move reminiscent of mills' redevelopmentIn order to create more affordable housing in the state, Maharashtra has cleared the conversion of industrial zones into residential and commercial ones.
Jul 17, 2017
Twitter rated best platform for B2B marketing with 47 percent marketer acceptance: ReportThe report also found that user-generated content enjoyed greater approval with social media users, with 76 percent of users surveyed considering it more trustworthy than brand-generated content.
May 07, 2017
PMO on RTI query: Can't tell who sought nod to use Narendra Modi's picture in adsThe Prime Minister's Office (PMO) has said it cannot divulge information on who has sought permission to use Narendra Modi's photographs in advertisements, saying that such an exercise needs a "thorough search".
Feb 28, 2017
Samsung shows off its portfolio of 5G products, announces commercial launch to help 5G rolloutSamsung Electronics unveiled its end-to-end portfolio of 5G mobile network products and solutions for 2017 that will provide foundation for the first commercial 5G network launches expected in 2018.
Jan 03, 2017
Tata Motors launches pick-up truck Xenon Yodha priced at Rs 6.04 lakhXenon Yodha, which is endorsed by Bollywood star Akshay Kumar -- the company's brand ambassador for its commercial vehicles division -- is available in multiple variants of 4x2 and 4x4 and in single and double cab options
May 17, 2016
Instagram testing analytics feature for business usersInstagram for business users have a new update coming for them where they will have access to some of the analytics of their profiles
Jan 08, 2016
Don't get mad, it's only an ad: Outrage over Kejriwal promo is nothing but political opportunismThe latest Kejriwal ad is being criticised needlessly by political parties for just one reason: political opportunism.
Dec 17, 2015
BKC, Nariman Point slip in most expensive office space rankinghe city's prime commercial destinations BKC and Nariman Point dropped in rankings of most expensive office markets globally, even as Delhi's Connaught Place continued to figure in the top 10, a survey said. According to a research by property consultant CBRE
Feb 12, 2015
On Valentine's Day, Ford Mustang busts myth that women can't driveWith Valentine's Day round the corner, there's a lot of love in the air. But for these men on a blind date with an attractive woman, it was just a lot of tire smoke! Why? because behind the attractive woman was a professional stunt driver about to take these unsuspecting men a ride of their lives.


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Whether you own a small or large business, it is very important to ensure that your website complies with Google’s latest algorithm update. This way, you can avoid Google penalties that may affect the ranking of your website. In addition, you can also improve the functionality and visibility of site.
Over the last couple of weeks, there have been news and speculation on social media that Google is set to launch a new algorithm update. Rumour has it that the tech giant will roll out its much-anticipated Penguin 4.0 update over the next few days. However, it turns out that the update involves a new version of Panda.
If you have yet to improve the quality of your site, you might want to get cranking now – because Google’s latest Panda update is a big one!
According to the tech giant, it has made Panda a part of its core ranking algorithm. This basically means that it will be keeping a closer eye on a site’s quality and use that as a ranking signal.
Google confirmed the update to Jennifer Slegg, a writer for The SEM Post. .
“Panda is an algorithm that’s applied to sites overall and has become one of our core ranking signals. It measures the quality of a site, which you can read more about in our guidelines. Panda allows Google to take quality into account and adjust ranking accordingly,” Google said.
Panda was originally created to help the search giant weed out poor quality content from its search results. Now that Panda has become an integral part of Google’s core algorithm, it is important for business owners, like you, to ensure the quality of your web content, especially if you want to get better rankings on search result pages and be more visible online.
With the latest update, does it mean that site owners should change or overhaul the existing content of their respective websites?
Not necessarily, according to Google. The tech giant explained that unless you have been penalised or your rankings have taken a hit after the update, you should continue focusing your online marketing efforts on creating new content of good quality. Google added further that instead of creating web content to generate traffic, site owners must develop content that will help as many people as possible.
As for the your old web content, Google assures site owners that pages of outstanding web content can still rank, as long as they are able to provide users with the information or solutions they are looking for.
Does your website content need an update? Contact us today for a no obligation chat to see how we can help improve your site’s content and in turn your search rankings.


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Homebuyers warned over stamp responsibility scams Thousands rush to complete gross sales earlier than March deadline and criminals look to take benefit. The Federation of Small Businesses has revealed a quarter of 1,000,000 small businesses will fold in the subsequent 12 months except the Government acts now, with many having had no support since March 2020. Pasta Evangelists, which delivers recent meals and sauces, is to be snapped up by Barilla Group for £40 million after thriving in lockdown.
The deal would offer TV star Leith with a handsome payday. Last month, property prices, gross sales and buyer demand all increased, however at a slower pace than seen in earlier months, the Rics said in its latest intently-watched survey. Tesco has become the newest grocer to report buoyant Christmas buying and selling, saying UK like-for-like sales development accelerated to 8.1 per cent in the six weeks to January 9. Customers of a few of Britain’s largest banks residing in Belgium, Italy and the Netherlands have either had their accounts closed or will see them shuttered within the next few weeks.
The constructing group is a well-run enterprise with plenty of potential right here and overseas. TSB continues to be but to introduce a safety measure for all on-line banking clients nearly a yr on from a deadline set by regulators, an investigation has found, whereas it additionally depends on unsecure textual content messages. Warning traders should tread rigorously with free share trading platforms that additionally supply dangerous bets. It’s probably been the gloomiest start to a 12 months for as long as many can remember. Contrary as this may seem, there is some logic to traders shopping for into the hope that better occasions lie ahead.
Whitbread, which is the UK’s largest hotel and restaurant group, also said it achieved focused price financial savings as extra employees accepted a cut in maximum contracted hours. See why millions of computer customers at the moment are remembering to do that in 2021 to stay safe on-line.
Quentin Fottrell solutions your questions about inheritance, tipping, weddings, re-gifting, or any difficult money points regarding household and pals. Virgin Galactic undefined jumped eleven% in premarket commerce after ARK Investment Management filed with the Securities and Exchange Commission to launch a space exploration trade-traded fund. ARK did not establish what corporations it would hold in the fund. Premier Inn-proprietor Whitbread will cut 1,500 restaurant and lodge jobs, a lot lower than the 6,000 the group had beforehand forecast. The owner of the Beefeater and Brewers Fayre chains stated complete UK lodging gross sales were down 55.2 per cent for the 13 weeks that ended on 26 November.
Asos Warns Of £15m Hit From Brexit Costs After ‘Robust’ Christmas
- The online group has loved bumper Christmas gross sales and expects ongoing lockdown restrictions to help boost its earnings by £40million within the first half of this 12 months.
- And experts say the Brexit deal, vaccine roll-out and a new president in the White House will hopefully spark life again into the UK and global economies.
- Figures given to This is Money by the financial institution found £80million in rounded up spare change was saved last year, up a 3rd on 2019.
- It comes as the bank, finest-recognized for its enthusiastic customer base and scorching coral colored debit playing cards, releases its third annual ’12 months in Monzo’.
French carmaker Renault pledged to slim down and focus more on know-how as its new CEO laid out plans to revive a business hammered by administration turmoil and the COVID-19 disaster.
But there are explanation why Mr Musk should not be too involved simply but. The ET7 will not be delivered to the earliest of Chinese customers until and it is scheduled to return to Europe, although at a so-far undisclosed date. Here’s every thing we know up to now concerning the futuristic-looking Nio’s Tesla-challenging EV unveiled this week. The president of the European Central Bank took goal at the digital forex simply days after the UK’s City watchdog warned savers they need to be ready to lose all their money if they buy it. The agency is making ready to list on junior inventory market Aim, and it follows the likes of card firm Moonpig, bootmaker Dr Martens and lender Vector Capital in confirming a London float.
Finance.co.uk is likely one of the leading financial news websites, bringing you the newest on stocks, shares, economy, enterprise and consumer associated news. We give you the newest breaking news and movies straight from the finance industry. Grafton is often lumped in with other giant builders’ merchants. Its 17 companies are decentralised, so every has a high degree of management. Chief executive Gavin Slark believes this encourages better relationships with their customers and suppliers – and he ought to know. Having left school at sixteen, Slark entered the constructing commerce straight away.


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Are women being discriminated against by not being allowed to run up quite as gigantic credit card debts as they might? The New York Times is all over this pressing issue:
A prominent software developer said on Twitter that the credit card was “sexist” against women applying for credit.
By Neil Vigdor
Nov. 10, 2019
Something curious happened when a husband and wife recently compared their Apple Card spending limits.
David Heinemeier Hansson vented on Twitter that even though his spouse, Jamie Hansson, had a better credit score and other factors in her favor, her application for a credit line increase had been denied.
Mr. Hansson, a prominent software developer, wondered how his credit line could be 20 times higher, referring to Apple Card as a “sexist program” (with an expletive added for emphasis).
The card, a partnership between Apple and Goldman Sachs, made its debut in the United States in August.
“My wife and I filed joint tax returns, live in a community-property state, and have been married for a long time,” Mr. Hansson wrote Thursday on Twitter. “Yet Apple’s black box algorithm thinks I deserve 20x the credit limit she does.”
Mr. Hansson’s tweets caught the attention of more than just his 350,000 followers.
They struck a nerve with New York State regulators, who announced on Saturday that they would investigate the algorithm used by Apple Card to determine the creditworthiness of applicants.
Algorithms are codes or a set of instructions used by computers, search engines and smartphone applications to perform tasks, from ordering food delivery to hailing a ride — and yes, applying for credit.
The criteria used by the Apple Card are now being scrutinized by the New York State Department of Financial Services.
“Any algorithm that intentionally or not results in discriminatory treatment of women or any other protected class violates New York law,” an agency spokeswoman said in a statement on Saturday night.
“DFS is troubled to learn of potential discriminatory treatment in regards to credit limit decisions reportedly made by an algorithm of Apple Card, issued by Goldman Sachs, and the Department will be conducting an investigation to determine whether New York law was violated and ensure all consumers are treated equally regardless of sex,” the statement said.
Do you ever get the impression that as our culture gets More Woke it also gets more in debt? Funny how that seems to work …
The Apple Card offers an APR between 12.99 percent and 23.99 percent based on your credit score. On the low end, that’s lower than the national average APR of 17.67 percent, but it doesn’t offer APRs as low as some other credit cards.


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Intel shares fell 10% in extended trading Thursday after the chipmaker reported second-quarter results and quarterly and full-year guidance that missed analysts’ expectations.
Here’s how the company did it:
- income: 29 cents per share, adjusted, versus 70 cents per share, as analysts expected, according to Refinitiv.
- income: $15.32 billion, versus the $17.92 billion expected by analysts, according to Refinitiv.
Intel’s profit fell about 22% year over year in the quarter ended July 2, according to the statement. Revenue missed consensus by 14%, the company’s biggest disappointment since 1999, according to Refinitiv data. It ended the quarter with a net loss of $454 million, compared with a net profit of $5 billion in the year-ago quarter. Gross margin fell to 36.5% from 50.4% in the previous quarter.
“The sudden and rapid drop in economic activity was the biggest driver of the shortfall, but the second quarter also reflected our own execution challenges in areas such as product design and AXG growth. [Accelerated Computing Systems and Graphics Group] offers,” CEO Pat Gelsinger said on a conference call with analysts. He said Intel continues to struggle with supply shortages related to Covid, which have delayed product arrivals.
As for guidance, Intel is calling for 35 cents in adjusted earnings per share on revenue of $15 billion to $16 billion. Analysts polled by Refinitiv had expected 86 cents in adjusted earnings per share on revenue of $18.62 billion.
Intel lowered its full-year guidance. It said it now expects full-year adjusted earnings of $2.30 per share and revenue of $65 billion to $68 billion. Guidance three months ago was $3.60 in adjusted earnings per share on revenue of $76.0 billion. Analysts polled by Refinitiv had expected $3.42 in earnings per share and $74.34 billion in revenue.
Small and medium-sized businesses have slowed computer purchases, but businesses are holding up, David Zinsner, Intel’s chief financial officer, told CNBC. However, the updated forecast factors in economic weakness, which could lead to organizations delaying PC upgrade cycles.
“We really think we’ve bottomed out,” Zinsner said, adding that higher prices and a seasonal improvement in the fourth quarter should help Intel return its gross margin to around 51% to 53%.
Intel’s Client Computing Group, which includes PC chips, had $7.7 billion in revenue in the second quarter, 25% below the $8.89 billion consensus estimate of analysts polled by StreetAccount. Earlier this month, technology industry researcher Gartner said PC shipments fell nearly 13% in the quarter. In a presentation to investors, Intel noted “softening” demand for PCs in the consumer and education markets and said higher unit costs were weighing on the segment’s operating profit.
Intel’s newly formed data center and artificial intelligence segment, including server chips, accelerators, memory and programmable gate arrays, posted revenue of $4.6 billion, down 16%, missing the StreetAccount consensus of $6.19 billion. Competitive pressure hurt the division’s revenue, Intel said.
Intel’s new Network and Edge segment, which houses the company’s networking products, posted revenue of $2.3 billion, up 11% and narrowly beating the StreetAccount consensus of $2.27 billion.
During the quarter, Intel released the Habana Gaudi2 AI training chips that compete with Nvidia’s A100 graphics cards. And Intel urged Congress to move forward with federal legislation to support U.S. semiconductor manufacturing so it can build a plant in Ohio. Earlier on Tuesday, the US House of Representatives passed the Chips and Science Act, sending the bill to President Joe Biden.
“This is historic legislation,” Gelsinger said. Zinsner said on a conference call that Intel expects to receive funding under the legislation in 2023.
In an interview, Zinsner reiterated Intel’s earlier statement that the company would launch PC chips codenamed Meteor Lake in 2023. Digitimes reported that deliveries would begin in late 2023, but Zinsner declined to specify a timeline.
“I would tell you that we expect the power to be back on at Meteor Lake, you know, relatively soon, so you know, we’re making pretty good progress on that, to be honest.”
Intel plans an initial public offering of its Mobileye autonomous driving unit later this year, depending on market conditions, Gelsinger said during an Intel conference call. On the call, Zinsner said Intel will slow hiring due to economic conditions, with expected capital spending in 2022 of $23 billion, down from a previous forecast of $27 billion.
Excluding after-hours, Intel shares are down about 23% in 2022, while the S&P 500 is down less than 15% over the same period.
This story is evolving. Check for updates.
Correction: An earlier version of this story misstated Intel’s net loss for the quarter. It was 454 million dollars.
WATCH: Intel will have to spend that money, and any help they get from the government helps, says Bernstein’s Rasgon
Intel (INTC) Q2 2022 Earnings
Source link Intel (INTC) Q2 2022 Earnings


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NFT: Donald Trump’s rare photos released as NFT by Creatd
Creatd released its second NFT art through its subsidiary, OG Gallery, an NFT library of iconic photographs, videos, and illustrations. This time, the company is featuring photos of former U.S. President Donald Trump for its latest non-fungible token drop.
According to Bloomberg, shares of Creatd immediately surged following the release of its Donald Trump NFT. This just shows that anything associated with the former president still yields good results and proved to be a lucrative way to be minted as a meme stock.
Based on the report, Creatd's shares more than doubled in the premarket trading after announcing its new Donald Trump NFT drop via OG Gallery. The company is offering three images of the 75-year-old businessman turned politician.
The blockchain-based digital art collection includes a photo of Trump where he was signing his signature at the breast of a model during a formal gala event. The image was captured when the ex-president was way younger.
"They say a picture is worth a thousand words, and the Trump photographs are no exception," Jeremy Frommer, Creatd's founder and co-CEO, said in a press release. "We have waited a long time to sell these priceless images which were captured decades before they took on the significance and symbolism they hold today."
Lauri Weisberg, the company's co-CEO, added that photos of Trump featured in their newest NFT collection "represent an opportunity to inspire conversation, and debate perspectives, from sharing light-hearted wisecracks to ardent political judgments." Weisberg further said that Creatd will continue to explore the NFT sphere and make the most of the economic opportunities that it can foster for the creator community.
At any rate, Creatd is selling the Donald Trump NFT photos for 240 ETH. Those who will purchase this digital asset will also get the original high-resolution JPG version of the photo and a large scale 1/1 print of the image in a gilded frame. All of these are included in the package and fully authenticated by the OG Collection curation team.
Interested parties can purchase the rare NFT offered by the OG Gallery via the OpenSea NFT marketplace platform. Finally, it was said that with the release of Trump's NFT, Creatd has become one of the retailer-traders to have a link to the former president.


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They were two of the most well known electronics retailers in the US just a few years ago. We are talking about CompUSA and Circuit City, both of which at one point had hundreds of large retail store locations across the country.
However, issues at both companies, ranging from mismanagement to the changing retail climate for electronics stores, caused them to collapse. The first was CompUSA, which closed its remaining stores in late 2007 and early 2008. Circuit City managed to last a little longer but in the end it shut down its remaining stores in March 2009.
Both CompUSA and Circuit City's remaining assets, including their brands and logos, were acquired by Systemax, which operates the Tiger Direct website and retail store chain. Systemax kept the CompUSA and Circuit City websites online, but they were basically just showing off what Tiger Direct was selling.
Now it looks like Systemax has decided that these well known brand names have officially run its course. In posts on both the CompUSA.com and CircuitCity.com websites, the company announced they ".. will be consolidating with TigerDirect.com" by December 30th. In a previous press release, Systemax stated:
We harvested significant value from the CompUSA and Circuit City acquisitions and are now moving forward with a single and unified consumer platform in the United States that will drive efficiencies in advertising and customer acquisition.
While this move is to be expected, it will still be a shame to see CompUSA and Circuit City take that final journey to retail brand oblivion.


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Digiday Research: Chasing revenue, news publishers are producing more evergreen content
This research is based on unique data collected from our proprietary audience of publisher, agency, brand and tech insiders. It’s available to Digiday+ members. More from the series →
Life as a news publisher isn’t easy. Content can be expensive to produce, difficult to monetize, and often has a shelf-life of just hours or minutes as the news cycle spins quicker than ever.
In an attempt to offset those challenges, news publishers say they are now investing in more “evergreen” content instead, with the hope it will attract a steadier stream of traffic from search and social channels and better satisfy the demands of advertisers.
Sixty-eight percent of the news publisher executives surveyed by Digiday in February said their companies intended to produce more evergreen content this year.
Evergreen content isn’t necessarily what news publishers do or know best, but it has its appeal. Whereas breaking stories can quickly garner lots of views, they also become irrelevant faster. Content with a longer shelf-life lends itself better to repeated social distribution and, of course, search queries.
But producing content with longer-term appeal does not mean news publishers plan to pivot away from news. Rather, the hope is that more evergreen content can provide incremental traffic to shore up their less-predictable news gathering efforts. Of the news-based publishers who said they plan to make more evergreen content, seventy-nine percent said they still expect to increase their overall editorial outputs this year.
Another appeal of evergreen content for publishers: it’s typically more advertiser-friendly. As brand safety concerns persist, and advertisers express a growing desire to avoid sensitive and divisive issues in the news altogether, publishers say they’re finding it harder than ever to monetize hard news content. Ad buyers themselves report that clients are increasingly asking them to skip news sites altogether on their media plans. Earlier Digiday research found that 43 percent of media buyers avoid advertising next to news-related content.
PinkNews discovered that producing more long-tail content has allowed it to plan more proactively and form deeper relationships with potential advertisers than when just selling just programmatically according to Ellen Stewart, head of platforms at PinkNews. “It enables us to go to advertisers with a calendar of evergreen features. From there we can ask them if they want to partner on any of it and collaborate on more creative solutions,” she said.
For those publishers courting commerce dollars, evergreen content can serve multiple purposes. Buying “guides” and product reviews can prove effective at generating both audience and commerce revenue for publishers while potentially reducing their reliance on ad revenue in the process. Major news publishers such as the New York Times, Insider and New York Magazine have all pushed into affiliate commerce with evergreen content in recent years with The Wirecutter, insider Picks and The Strategist, respectively.
A look into publisher revenues by Digiday this past fall found that 35 percent of publishers now generate e-commerce revenues, primarily through affiliate links. Additionally, 62 percent of publishers generating income from e-commerce said those revenues grew in the past year.
Other publishers said evergreen content can simply be resurfaced more frequently than hard news. “Adding evergreen content or headlines that highlight a specific lesson and are tied to a news event helped us differentiate our articles,” said Allison Fass, vice president of digital growth at Mansueto Ventures, parent company of Inc. and Fast Company. Because so many publishers report on the same story, it can be difficult to stand out. By taking a different approach, both Inc. and Fast Company can still cover breaking stories while wringing more value out of them, she said.
More in Media
Three AI companies share analyses about copyright concerns, websites blocking web crawlers and how much AI text includes protected content.
In this week’s Digiday+ Research Briefing, we examine publishers’ reservations about Google’s Privacy Sandbox, how subscriptions aren’t the revenue driver they once were for publishers and how X is once again telling advertisers it’s serious about brand safety, as seen in recent data from Digiday+ Research.
Scope3 unveils GMP+ with Sharethrough as debut partners to extend ‘Green PMPs.’


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Muge Erdirik Dogan has stepped down as head of Amazon Fashion and Fitness, with company veteran Jenny Freshwater taking over the role.
Freshwater has held various software, planning, operational and marketing roles at the e-commerce giant for the last 13 years, per her LinkedIn page. Most recently she served as vice president of traffic and marketing technology, responsible for building global, cross-channel and traffic-driving marketing capabilities, the company said in an emailed statement. Those included efforts via social media, creator growth, and global shopping events like Prime Day, Black Friday, and Cyber Monday.
Erdirik Dogan, who has been at Amazon in various roles for 16 years, is leaving the company to pursue another opportunity, per the company’s statement.
The e-commerce giant is in the midst of closing its two Amazon Style brick-and-mortar apparel stores, saying last week that it will focus on its growing online fashion business. Those stores were part of its physical store strategy, which includes grocery-oriented chains like Whole Foods and Amazon Fresh, rather than the Amazon Fashion operation, a spokesperson said by phone.
“Amazon will now focus its efforts on selling apparel online – an arena where it has considerable success,” GlobalData Managing Director Neil Saunders said of the closures.


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ComplexCon returns to Long Beach Nov. 6 - 7 with hosts J. Balvin and Kristen Noel Crawley, performances by A$AP Rocky and Turnstile, and more shopping and drops.
Secure your spot while tickets last!
For 25 years Blizzard Entertainment have been at the forefront in developing groundbreaking Real Time Strategy games such as Starcraft, and turning the MMORPG community on it’s head with the life-consuming World of Warcraft. Now they’ve jumped into the First Person Shooter genre with Overwatch, which is certainly a big step outside of their comfort zone. So the million-pound question is: did they pull it off? For the most part, we’d have to say yes.
During the in-game presentation we went to, Blizzard were keen to point-out that this is very much their interpretation of what an online, team-based shooter SHOULD BE like. That’s the good thing about Blizzard, when they introduce a new game for a genre they haven’t covered yet they make sure to put their stamp on it. Furthermore you’ll find that once they do find that winning formula they’re not going to do a FIFA/Call of Duty maneuver where they ‘pump out’ title-after-title. Instead they make their games to last (Don’t believe us? WoW was first released in 2004 and till this day 5.5 million players are still online in the world of Azeroth).
We had over an hour to play Overwatch and what we found was a highly enjoyable, easy to pick up game that constantly challenged us. The game will be released on May 24 for PlayStation 4, Xbox One and PC, that’s more than enough time to prepare yourself for the five things you need to know about Overwatch.


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Samsung’s new smart TVs will all use the Tizen operating system
See the original posting on The Verge
The Tizen operating system hasn’t had the easiest start in life. Samsung’s first Tizen smartphone was postponed indefinitely, and a later attempt, the Tizen-based Z1, had its Indian launch pushed back from 2014 to January 2015. But the South Korean company hasn’t given up on Tizen today it announced that all of its upcoming Samsung smart TVs will run the Linux Foundation’s OS.


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- Business of Brands
- 2 min read
Paramount to sell Simon & Schuster to KKR for $1.62 bln
Paramount has been trying to offload Simon & Schuster, the publisher of authors such as Stephen King and Hillary Clinton, since a federal judge blocked its $2.2 billion sale to Penguin Random House last year. Paramount will receive gross proceeds of $2.2 billion from the sale of Simon & Schuster. It expects to use the proceeds to pay down debt.
Paramount Global said it would sell Simon & Schuster to private-equity firm KKR & Co for $1.62 billion in cash, ending a year-long attempt to sell the marquee book publisher.
Shares of the media company rose 4% in extended trading after Paramount also beat estimates for second-quarter earnings, riding on strong growth in its streaming business.
Paramount has been trying to offload Simon & Schuster, the publisher of authors such as Stephen King and Hillary Clinton, since a federal judge blocked its $2.2 billion sale to Penguin Random House last year.
"Simon Schuster is a fantastic asset, but ... it's not core," CEO Bob Bakish said on a post-earnings call.
Bakish did not provide an update on the sale of other company assets. The company is exploring the sale of a majority stake in BET Media Group, which includes the BET cable network.
Paramount will receive gross proceeds of $2.2 billion from the sale of Simon & Schuster, including a $200 million termination fee paid by Penguin Random House and the cash flow it received during the process. It expects to use the proceeds to pay down debt.
The move comes at a time when the company is striving to bolster its streaming service, Paramount+, in a fiercely competitive industry dominated by Netflix and Disney+.
Revenue in the direct-to-consumer unit, home to Paramount+ and PlutoTV, grew 39% in the second quarter, helping offset a 29% decline in the filmed entertainment business
Total revenue was $7.62 billion, above estimates of $7.43 billion, according to Refinitiv data. Adjusted profit of 10 cents per share was also better than expectations for the company to break even.
Finance chief Naveen Chopra promised "significant earnings improvement" in the streaming business next year and projected a 20% rise in average revenue per user on Paramount+ in 2024.
The company implemented the first price increase for Paramount+ and launched the integrated Paramount+-Showtime service during the quarter. Its streaming unit's operating loss narrowed to $424 million from $445 million a year ago.
Still, the company faces risks from the ongoing strikes by Hollywood writers and actors, which have disrupted the production of scripted series for the fall TV season and halted work on films.
As production of most scripted series has stopped, Bakish said CBS would fill its fall lineup with hits such as "Yellowstone" and streaming shows such as "SEAL Team."
It also licensed the rights to the U.K. version of "Ghosts," to pair with the U.S. version of the show.
"Strikes do present some marketing challenges, though the film slate for the rest of the year is stacked," Bakish said, adding that it was too soon to predict its impact on 2024 films.
Upcoming film releases include "Killers of the Flower Moon," which will be released in theaters in October before coming to Apple TV+, as well as "Mean Girls" the musical.


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Family and Friends was brought in to work on the project by Allinson Flour parent company Silver Spoon without a pitch having previously updated the branding for the Allinson bread range.
It was tasked with creating new designs that would help raise consumer awareness of Allinson’s culinary range, looking to ‘get more cake-making consumers interested in the brand’, according to Family and Friends co founder Derek Johnston.
Family and Friends creative director Alex Durbridge says, ‘The target consumer isn’t the “cupcake and once a year birthday cake makers”, it’s appealing to “accomplished” bakers; people who bake a lot for practicality as well as pleasure, so the rebrand needed to be bold in its newness.’
The new packaging features a ‘Sack Pattern’ design, chosen for its ‘modernity’ and the fact that in researching the designs, ‘the vast majority of people were “happily surprised” by the design’, according to Family and Friends.
The bread flour and culinary flour ranges are differentiated with a circular device for the bread, and a cookie-cutter shape holding the Allinson logo on the culinary flour.
The incumbent bright colours have been retained, with new geometric patterns based on ‘homely’ items such as tea towels and ‘kitcheny stripes and checks’, says Johnston.
The new packaging also sees the reintroduction of the original Allinson trademark windmill back into the identity ‘to give a greater sense of heritage and recognition’, it says.
The new look will start to roll out this week to trade, with the main launch taking place on 22 February.


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Quick Note: "Grand Theft Auto: Vice City" Coming to iOS, Android
October 26, 2012 5:07 PM
comment(s) - last by
Rockstar games said its coming sometime this fall
To celebrate the 10th anniversary of "Grand Theft Auto: Vice City," Rockstar Games is releasing a mobile version of the game later this fall.
According to Rockstar Games, a mobile version of "Grand Theft Auto: Vice City" will soon launch for iOS and Android devices, but the game maker didn't give an exact release date.
"'Grand Theft Auto:Vice City' gave players the freedom of a massive open-world in one of the most iconic and vibrant settings ever realized in a game," said Sam Houser, Founder of Rockstar Games. "It was a defining
moment in the series
and we're delighted to be celebrating its 10th anniversary this year with a stunning, updated version for phones and tablets."
The "Grand Theft Auto" series first launced in 1997, and its latest release was "Grand Theft Auto III" for iOS and Android in December 2011.
Back in April, Rockstar Games also released
"Max Payne Mobile"
for iOS and some Android devices.
This article is over a month old, voting and posting comments is disabled
Cmon San Andreas!!!
10/26/2012 6:47:39 PM
I don't care if its 10GB I want it portable!
RE: Cmon San Andreas!!!
10/28/2012 1:09:23 PM
Bard's Tale with HD textures is 3.3GB, I have to use my SD card for SOMETHING, why not let it be San Andreas! :P
"We are going to continue to work with them to make sure they understand the reality of the Internet. A lot of these people don't have Ph.Ds, and they don't have a degree in computer science." -- RIM co-CEO Michael Lazaridis
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Data breach may cost tech giant Yahoo a billion dollars
How much does a data breach really cost? For Yahoo, it could be €1bn (£900m). The company is in deeper trouble than some of its worst critics could have foreseen.
It has suffered the biggest known data breach in history. It has been outed as an apparently willing accomplice ready to spy on its email users for the US government. And it may soon be on the receiving end of a regulatory kicking by EU data authorities that could water down its €4.4bn (£4bn) sale price to Verizon.
But do you even know what Yahoo, which is headed by Marissa Mayer does? Be honest: aside from email, could you name three things Yahoo is engaged in?
If not, here's a quick reminder about what Yahoo is, how it makes money and why it is in so much trouble.
Believe it or not, Yahoo is still one of the top 10 websites visited every day around the world.
Many financial analysts now regard Yahoo primarily as an equity-holding unit.
This is because the most valuable parts of its business, by far, are its shareholdings in Chinese ecommerce Goliath Alibaba and Yahoo Japan (a joint venture between it and Japanese firm Softbank). The Alibaba stake is worth around €30bn (£27bn) (from an investment of under €1bn in 2005), while the Yahoo Japan shareholding is worth just under €10bn (£9bn). Compare this to the sum of €4.4bn (£4bn) being paid by Verizon for all of the active 'core' parts of Yahoo's business and you get an idea of what's what in Yahoo's hierarchy of value.
Yahoo has a recently refurbished building beside the Point Depot in Dublin's north docklands. There, it houses around 300 people who work in finance, HR and support roles. Last year, the company had talked about possibly taking staff numbers up to 450 people. But recent events may cause the firm to alter course.
The recent data breach, where Yahoo admitted that "at least" 500 million email accounts had been compromised, has sparked the interest of US and EU data authorities. But as embarrassing as that may turn out to be, it may be nothing compared to possible sanctions arising from its other current problem.
If reports that Yahoo co-operated in an email-snooping exercise at the behest of US spy authorities are substantiated, the company is facing some very serious repercussions in Ireland and Europe.
Both the Irish data protection commissioner and EU courts have made clear that mass surveillance by US authorities on European personal data could carry penalties up to and including a block on data transfers into the US.
Reports in the US suggest that Verizon, which is currently in the process of buying Yahoo's core internet assets for €4.4bn (£4bn), wants €1bn (£900m) knocked off the €4.4bn (£4bn) purchase price.
So we may now have an answer to the question: how much does a data breach actually cost? In Yahoo's case, it could be €1bn (£900m).


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ARM is on news for making an announcement of presenting DynamIQ, it is a chip that will come in complete form for next generation mobile processor, and this will be launched soon. As the world knows ARM stands for being the “biggest micro-architectural shift”, the company is now certainly headed to invent something new, for sure the new creation will definitely grab people’s attention.
The company is working on future artificial intelligence; as technology is growing at peaks every day, the next generation is on the to focus on mobile computing by using the smartest technology ever. ARM next-gen Chips are not going to be simple, but it is built through AI algorithms techniques.
ARM has positioned itself as versatile component chip maker during the time of IoT devices, the company is focusing on variety of computing platforms, but ARM has never broken the trust in providing a unique style in technology. ARM is installing DynamIQ in cars that are connected to home devices and mobile phones.
Redmond will allow windows Server OS to join with the ARM’s chip. This has helped ARM to expanded further more to focus on cloud computing hardware and networking applications. The arrival of ARM new chip will be out soon, but all you need is to wait to experience the next –gen chip.


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New NACTOY trophy unveiled ahead of Detroit auto show
Famed auto designer Ed Welburn on Tuesday unveiled a new trophy for the North American Car, Truck and Utility of the Year that will be awarded next month at the 2017 North American International Auto Show.
The trophy features a stylized Streamline Moderne car with a long hood and tailfins. It sits on a black rectangular pedestal with North American Car of the Year emblems.
The trophy, which will be used for all three of the awards, was designed by Welburn, who retired as global head of General Motors Co. design after a 44-year career earlier this year.
“I wanted to create a trophy which would live up to the prestige of this very important award, and the hard work that the people put together in developing the vehicles that win this award,” Welburn said when unveiling two trophies at an Automotive Press Association meeting in Detroit. “It’s just out of respect for them.”
The trophies are not designed to look like any particular car but a collection of past and modern designs.
“I wanted a design that would be both timeless and not represent any particular brand at all,” Welburn said, adding if the Academy Award’s Oscar “had a car, this would be it.”
A small version of the trophy will be awarded annually to the automaker that wins the awards. A much larger display version will list all recipients of the award.
The North American Car, Truck and Utility Vehicle of the Year winners will be announced Jan. 9 at the North American International Auto Show in Detroit.
The awards are given based on judging by about 60 automotive journalists from the United States and Canada who work for magazines, television, radio, newspapers and web sites.
This year’s finalists for car of the year are the Chevrolet Bolt, Genesis G90 and Volvo S90.
Finalists for truck of the year are the Ford F-series Super Duty, Honda Ridgeline and Nissan Titan.
Finalists for utility of the year are the Chrysler Pacifica, Jaguar F-Pace and the Mazda CX-9.


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Scams financial institutions should watch for during COVID-19
The Bank Secrecy Act and Anti-Money Laundering should continue to be at the forefront of your mind in the new financial services world COVID-19 has brought upon us.
When your institution evaluates suspicious activity, additional factors to take into consideration include looking at the customer’s overall financial activity and noting whether there are red flags present. To ensure staff are bringing suspicious activity to the attention of the BSA officer, educate staff on potential scams and fraudulent activity.
Below is a variety of potential references that can assist you as well as your staff in recognizing scams and fraudulent activity, as well as help avoid your customers avoid these scams.
Federal Trade Commission
The Federal Trade Commission has shed light on new scams that have risen from COVID-19 and gives guidance on how to best avoid fraudulent activity. To start, they say financial institutions and their personnel can avoid scams by:
- Ignoring online offers for vaccinations and home test kits.
- Hanging up on robocalls.
- Using sites like coronavirus.gov and usa.gov/coronavirus for information and not clicking on links from sources you don’t know.
- Not donating in cash, by gift card or by wiring money.
U.S. Department of Treasury
As the Federal Trade Commission identified potential scams from fraudsters acting as part of the government, the U.S. Department of Treasury has pointed out that individuals may receive calls, emails, or other communications. The individuals sending these emails claim to be from the Treasury Department by offering COVID-19 related grants or stimulus payments in exchange for personal financial information or an advance fee or other charge. If you or a customer has received a communication like what has been previously mentioned, the Treasury Department says to contact the FBI at www.ic3.gov. Reporting scammers greatly increases the chances that they can be tracked and stopped.
Financial Crimes Enforcement Network (FinCEN)
FinCEN has also sent out a news release denoting what should be watched out for in the financial institution community relating to COVID-19 and fraudulent activity. “Financial institutions should remain alert about malicious or fraudulent transactions similar to those that occur in the wake of natural disasters,” they wote.
Like the U.S. Department of Treasure and the Federal Trade Commission, FinCEN identified more scams as COVID-19 swept over the nation, including:
- Imposter scams: Soliciting donations, stealing personal information, or distributing malware by impersonating government agencies.
- Investment scams: Promoting false claims that products or services of publicly traded companies can prevent, detect, or cure coronavirus.
- Product scams: Companies selling unapproved or misbranded products that make false health claims pertaining to COVID-19 and fraudulent marketing of COVID-19 related supplies.
- Insider trading: FinCEN has received several reports of insider trading shortly before the outbreak was publicized and since
FinCEN has historically warned of fraud associated with disaster relieve efforts, and COVID-19 is no exception
In FinCEN’s advisory, they also identify other types of fraud to be on the lookout for that not only hurt financial institutions and their customers, but also those who are in need during this time of emergency. One of which includes benefits fraud. This type of fraud involves individuals who apply for emergency assistance benefits they are not entitled to and seek to deposit or obtain cash derived from the emergency benefit payments. They may use wire transfers to deposit funds and then immediately withdraw them. Red flags include:
- Making deposits of multiple emergency assistance checks or electronic funds transfers to the same account.
- Cashing multiple emergency assistance checks by the same individual.
- Making deposits of one or more emergency assistance checks where the account holder is a retail business and the payee/endorser is an individual other than the account holder.
- Opening a new account with an emergency assistance check where the name of the potential account holder is different from that of the depositor of the check.
Another type of fraud that has emerged during the pandemic is charities fraud. This includes fraudulent contribution solicitations and schemes that originate from social media, emails, websites, door-to-door collections, flyers, mailings, telephone calls, and other similar methods. Red flags include:
- Fraudulent transactions where payee organization’s name is similar to, but not exactly the same as, those of reputable charities.
- Use of money transfer services for charitable collections because charities typically do not solicit donations via money transfer services.
The COVID-19 pandemic is upon us, and unfortunately, scammers and fraudsters are out to take advantage of the devastating situation. Potential fraudulent transactions may be coming your way, and your staff should be made aware of them so they know what to watch out for. Now is more important than ever to prepare your institution and personnel for financial crime. For more information on how best to mitigate the risks of fraudulent activity, reach out to a Wipfli representative or visit Wipfli.com/fi.


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Industry associations are urging the government to provide finer details on its proposed lorry road user charge (LRUC) following the end of the scheme’s consultation period. The British Vehicle Rental and Leasing Association (BVRLA) has questioned how a new grant, set to replace the Reduced Pollution Certificate (RPC) as part of the proposed lorry charging scheme, will affect UK-based operators, particularly those running fleets of 50-plus vehicles. It calculates that its members could lose out on £3.7m in benefits from […]
The government is to consider extending the grant system for low-emission vans to larger vehicles, the Office for Low Emission Vehicles (OLEV) has revealed.
The Treasury has suspended the HGV Road User Levy for a year to help hauliers recover from the impact of the Covid-19 pandemic.


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Cloud technology and OTT are quietly transforming the pay-TV industry. While the set-top box (STB) has evolved over the years to make on-demand television a convenient reality for viewers, service providers can now offer many of the same services across all screens and at a lower cost using the cloud. The flexibility of cloud technology, and its potential to enable broadcasters to scale their resources according to demand, mean that more providers are considering how best to adopt it into their solutions. The idea of pay-TV delivered from the cloud is no longer merely blue sky thinking.
For the record
One of the key functions of the STB that can be optimised by cloud technology is video recording. Like in-home personal video recorder (PVR) STBs, cloud-based network PVR (nPVR) services enable consumers to watch content when and where they want. The key difference between cloud and STBs is that in an nPVR service, the physical recording is made, not in the user’s home on their STB, but remotely in the cloud. Service providers can even pass this flexibility onto consumers by offering subscribers the option to pay extra for more hours of recording; something you cannot do with an STB model.
An interface race
The silver lining
But while regulatory hurdles are still holding back some providers from fully adopting nPVR, this is changing. For instance, legislation in France now provides a legal framework that encourages the deployment of cloud PVR solutions. Rights holders are also starting to realise that the cloud offers new interesting opportunities to monetise content with services aimed at a new generation of TV viewers. Advertisers too are seeing the potential in cloud. As cloud-based TV consumption increases, so too is demand for cloud advertising. The potential to personalise adverts to the viewer’s interests enables broadcasters to generate higher revenues, especially on specialty, long-tail channels. Viewer behaviour has changed and cloud-based systems can give content providers more control either by controlling ad skipping or by enabling them to charge a premium for targeting. Those that move fast will reap the benefits of emerging cloud-based technologies.
Moving STB functionality, such as PVR, to the cloud and adding VOD services meet a growing demand for multiscreen TV. The cloud enables providers to scale their investment to match user growth rather than make a large upfront investment. This can lead to overall cost reductions, thus enabling providers to offer more flexible prices. Beyond the economic benefits, providers can offer consumers a more personal, seamless and social experience across each of their devices.
In an age of television where consumers have more choice about where, when and how they watch TV, providers are increasingly turning to more flexible and scalable solutions to satisfy existing customers and attract new subscribers. Adding cloud capabilities doesn’t mean replacing existing services but building a service that utilises its speed and scalability to deploy new solutions and features faster than ever before.


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Yahoo has agreed to pay $50 million in damages and provide two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the biggest security breach in history. The restitution hinges on federal court approval of a settlement filed late Monday in a 2-year-old lawsuit seeking to hold Yahoo … [Read more...] about Yahoo Fined $50M Over Data Breach
CTOvision Subject Matter Experts Know The Needs of the C-Suite
Technology Context For The Board and C-Suite
|Whether you are a board member seeking tech context of use to your business or a techie seeking context in expressing things to the board this section is for you.|
We provide insights from leading executives and expert technologists in succinct reports below. We also provide insights into our processes, and would love to talk to you about how we can serve your needs for due diligence in M&A. For insights into our processes see: Our Technology Due Diligence Processes.
Some of our most popular reporting for the c-suite includes:
|More questions or comments? Ask about Crucial Point's corporate CTO services including Technology Due Diligence|
Anyone observing the news can see that artificial intelligence and machine learning are getting lots of attention. It goes without saying that startups are playing into this trend and raising more money than ever, as long as they have AI or cognitive technologies in their business plans or marketing material. Not only are startups raising increasingly eye-opening amounts of … [Read more...] about Is Venture Capital investment in AI Realistic or Out of Control?
Read Barry Libert and Megan Beck explain how companies can use artificial intelligence to bring transparency to their business on Forbes : Incumbent organizations—those with long histories—all struggle with the same issue in the digital economy: the conflict between transforming the business and operating the business. How does a company transform its business model midflight, … [Read more...] about Use AI To Uncover The Truth About Your Business
44% growth is huge, especially in a market sized in billions of dollars. Spending on digital marketing grew by 44% last year in the US and Britain to $52 billion, with global spending on “martech” estimated to near a whopping $100 billion. The Moore Stephens survey covered 800 companies in North America, the Asia-Pacific, and Europe and found that global outlays on digital … [Read more...] about Global spending on digital marketing nears $100 billion: study
Read Travis Greene's article explaining the new normal in cybersecurity on Forbes : Even the most insulated CXOs are certainly cognizant of the constant stream of news related to cyber attacks. News feeds are full of reports of IT security breaches, to the point where awareness is no longer an issue. My own mother mails me cybersecurity articles cut out from her local … [Read more...] about Explaining The ‘New Normal’ In Cybersecurity To The C-Suite


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Fintech news around the globe
Previously this week, Philippines-based Netbank, a financial as a service (BaaS) platform, went live in the Southeast Oriental nation.
Netbank has apparently been created by an experienced team of international as well as local financial experts. Like the country‘s electronic bank Tonik, Netbank is a completely controlled financial institution that will certainly be running under a country banking authorization.
The Netbank platform is presently in operation. The financial institution is booking financings that are stemmed by 3 various alternative lenders. It has actually likewise executed the framework required to provide a comprehensive range of banking services, using Amazon Internet Services (AWS) to operate its core financial system.
Netbank states that it intends to use straightforward, innovative, economical solutions to make sure that Fintechs in the Philippines have the ability to conveniently open up new accounts, give lendings and also care for their payments.
Netbank validated that it will certainly presenting a wide variety of tools for conformity, fraud administration, API services, and also other financial applications.
Netbank included that they are a member of PesoNet and also Instapay. The financial institution additionally kept in mind that the support offered by Bangko Sentral ng Pilipinas (BSP), the nation‘s central bank, has actually been fairly handy, particularly when officially releasing its neobanking platform.
Canadian fintech company Ratehub Inc. has released a property/casualty (P/C) brokerage firm called RH Insurance policy.
Toronto-based Ratehub, which operates the financial product comparison site Ratehub.ca, said the launch brings the business one step closer towards attaining its goal of “being Canada‘s go-to resource for digital individual finance items across insurance, mortgages, charge card, spending and banking items.“
The Fintech Association of Malaysia (FAOM), a essential enabler as well as nationwide system for the facilitation of Malaysia‘s journey to coming to be a leading hub for Financial Modern technology (Fintech) development as well as investment in the area held its fourth Annual Grand Satisfying (AGM) which was held practically on 30 April 2021.
The AGM was gone to by its outgoing board participants from the 2019/2020 term as well as representatives from esteemed participant organisations. The AGM was assembled with the purpose of examining the progression achieved by the Association so far, the Covid-19 related challenges faced by the market, strategising the way forward for the more advancement of Malaysia‘s fintech market and also most notably, announcing the new line-up of board participants that will certainly be helming FAOM for the 2020/2021 term.
Australia‘s fintech start-up, mx51 announced that the business has secured $25 million in the Series A financing round to accelerate its growth.
According to an main news, the recent financing round was led by Acorn Resources, Artesian, Commencer Resources and Mastercard. On top of that, the company is intending to present new attributes to compete with various other settlement platforms in the country.
Switzerland-based Fintech firm neon has actually protected 7 million CHF (appr. $7.78 million) from existing financiers and has likewise launched a crowdfunding round for customers.
The neon team notes:
“ Too much charges, inflexible opening times, excessive bureaucracy and also challenging applications. To us, it was clear: it can’t take place like that. That‘s why we built neon. neon is your deal represent your day-to-day funds. No base costs, totally free Mastercard. Super easy. All on your mobile phone. 100% independent.“
Investors in neon‘s financial investment round apparently include the TX Group, Foundation Ventures, QoQa Services SA, the Helvetia Venture Fund, the Schwyzer Kantonalbank‘s innovation structure, in addition to private investors.
With 70,000 customers presently aboard, neon is presenting equity crowdinvesting with tokenized non-voting shares which will reportedly be kept in a personal wallet. The Swiss electronic possession platform Sygnum Financial institution is functioning as the tokenization companion. As previously reported, Sygnum Bank, a qualified crypto-asset bank, has actually been founded on “Swiss as well as Singapore heritage“ and runs around the world.
Financial innovation firm Wise claimed Tuesday that customers in India would certainly currently be able to send cash abroad to 44 nations around the world.
That includes areas like Singapore, the U.K., the USA, the United Arab Emirates along with nations in the euro zone.
India‘s outward compensations in the 2019-2020 was about $18.75 billion, with more than 60% of it classified under travel and spending for examining abroad, according to data from the Reserve Bank of India. Under a liberalized remittance scheme, the central bank permits locals to freely send up to $250,000 abroad to fund personal expenses or education per financial year— which starts in April and also finishes in March the list below year.
Jai Kisan, an Indian startup that is trying to bring economic solutions to country India, where business financial institutions have a single-digit infiltration, said on Monday it has actually raised $30 million in a new funding round as it aims to scale its service.
Numerous numerous individuals in India today reside in backwoods. The majority of them don’t have a credit rating. The careers they service— mostly farming— aren’t considered a business by many lending institutions in India. These farmers and other specialists additionally do not have a documented credit rating, which places them in a high-risk group for financial institutions to approve them a car loan.
Switzerland-based Fintech company neon has actually protected 7 million CHF (appr. $7.78 million) from existing financiers as well as has actually also launched a crowdfunding round for customers.
The neon team notes:
“ Too much costs, stringent opening times, way too much bureaucracy as well as challenging applications. To us, it was clear: it can not go on like that. That‘s why we developed neon. neon is your transaction make up your daily funds. No base charges, free Mastercard. Super basic. All on your smartphone. 100% independent.“
Capitalists in neon‘s investment round apparently consist of the TX Team, BackBone Ventures, QoQa Services SA, the Helvetia Venture Fund, the Schwyzer Kantonalbank‘s advancement structure, as well as exclusive investors.
With 70,000 clients presently on board, neon is presenting equity crowdinvesting with tokenized non-voting shares which will reportedly be kept in a personal pocketbook. The Swiss digital property system Sygnum Financial institution is working as the tokenization partner. As formerly reported, Sygnum Financial institution, a licensed crypto-asset financial institution, has been founded on “Swiss and Singapore heritage“ and operates around the world.