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- Women make up only 9 percent of venture capital firm investment decision-makers.
- Melinda Gates' Pivotal Ventures and other venture firms and founder organizations, like All Raise and Founders for Change, are focused on investing in female-run companies and taking a greater share of billion-dollar ideas from male-dominated VCs.
- Recent female-led IPOs EventBrite and Stitch Fix, and a recent large fundraise of $100 million for female-founded start-up Zola, also are giving women entrepreneurs more confidence.
Anna Palmer has her "horror story," and the CEO and co-founder of multiple start-up companies didn't have to wait long.
"At my very first venture-funding meeting, I sat across the table from an investor who looked at my resume, saw Harvard Law but no MBA or background in finance, and said, 'What are you, just pretty to look at?'"
Jill Layfield, CEO of high-end women's shoe brand Tamara Mellon, one of 21 companies on the 2018 CNBC Upstart 100 list with either a female founder or CEO, recalled a moment during the company's recent $24 million Series B fundraising when she could "see the disconnect" happening on the faces of the men sitting across the table from her. "They said, 'Maybe we will bring in a female fashion consultant to help us understand, or I will ask my wife tonight at dinner."
Palmer, too, remembers "pitching the wife or assistant on a conference call because the person across the table just didn't get it," and neither she nor Layfield were about to wait for the "wife's" analysis before walking away from the VC.
They are among the female founders focusing more on the gender gap in venture capital. And they aren't the only ones. Female founders and CEOs, female venture capitalists, and powerful figures such as Melinda Gates are banding together to raise more money for female-run companies, raise it through more diverse venture firms, build what they believe will be a new crop of billion-dollar businesses across a set of sectors from consumer to robotics and medicine, and hold on to more of the start-up equity that is currently being banked by the rich boys network of Silicon Valley.
The high-level numbers illustrating the industry's gender gap are motivation enough. Only 9 percent of decision-makers in the venture capital world are women; 74 percent of venture firms had no female investment partners as of 2017, though that's changing as the largest firms quickly move to add at least one female partner; only 15 percent of investing dollars in 2017 went to start-ups with a female founder.
"We need to have more women on the other side of the table," said Palmer, who is now one of the investment partners at X Factor Ventures, a Boston-based VC firm where decisions to provide early-stage funding for start-ups with at least one female founder are made by women who have their own experience starting companies, 11 companies in all that have raised $150 million.
Renata Quintini left the Stanford University endowment fund to become the first female partner at Lux Capital in 2017. She also is a member of the All Raise organization, which is trying to raise awareness about diversity as part of the fundraising equation for female-founded start-ups. "The world is colorful in thought, but the boardroom is not, and we are going to change that and get more women excited at the top end of the funnel working with younger women," Quintini said.
She thinks diversity of thought, not just when it comes to women but other underrepresented groups in the start-up and VC world, will reap big returns for investors. "The job of a venture firm is to have a strong point of view and not have a lot of investors agree with you at the beginning," Quintini said. "If everyone already agrees, the returns get muted. You need to be right and ahead of everyone else. We want people a little later on to agree with us."
Women venture capitalists and founders sense a big opportunity that Silicon Valley's old guard are either neglecting or unable to understand. And they think it will cost them. Melinda Gates started Pivotal Ventures based on this premise. "If they're not seeing the latest innovative, disruptive technology because they don't understand it or they don't understand some things that women are spending money on, I think they're not making great investments," Gates has said.
Susan Lyne, who was president of entertainment at ABC, CEO of Martha Stewart Living Omnimedia and CEO Gilt.com before starting BBG Ventures (the BBG stands for Built by Girls), said it became clear to her that New York City was becoming more of a tech ecosystem that could support a lot of start-ups, and at a time when there were "a ton" of women coming out of business school, consulting and other start-up companies who all had the same stories about raising money.
"They would walk into a room filled with guys and had to explain how women thought about X or Y before they could even pitch their company," Lyne said. "The more I heard, the more I thought there was a huge opportunity here. Women are the dominant consumer. If you back founders that intuitively understand that end user, the people buying or who are the most active on social media, the influencers, there is probably a competitive advantage, especially since the majority of VCs just aren't getting it."
Two BBG portfolio companies, Modsy and Finery, are on the 2018 CNBC Upstart 100 list. It also is an investor in wedding registry business Zola, whose recent $100 million fundraising has been cited by many female founders as the kind of deal that is needed to help more female-led businesses access later stage VC capital.
"There is a new level of awareness [among male-dominated VCs] that maybe 'we' are missing out, maybe 'we' are missing the next generation of unicorns because we don't have networks that include a lot of female founders," Lyne said. "That's one of the reasons you see a dozen top firms adding a female partner this year. Some is to avoid obvious criticisms, but they also are starting to realize they need to have a partner who does have a different viewpoint."
All Raise had 1,500 female founders apply for 500 mentorships, and Quintini recalled that a common question centered on investors not understanding pitches involving products for female consumers, which made founders worried they needed to change the business. "Understand you are talking to the wrong person," Quintini said.
"These VC firms have to get past this idea that consumer companies are 'nice little businesses,'" Lyne said. "I think we will see an increasing number of unicorns in the consumer space over the next five years and I do believe it will change the way VCs think about sourcing deals more than anything. A number of companies that are a little bit behind Stitch Fix and Eventbrite but are on the IPO track and once you get a half dozen, and then a dozen, with female founders ... that will change the ball game."
This dynamic also is starting to reach the level of the retail store experience. A Tamara Mellon store is among the brands that opened last month at Palisades Village in Pacific Palisades, California, a retail village developed by Caruso with the goal of having female-led brands featured. Bulletin, a New York City-based Upstart 100 company that allows individual female-led brands to access physical store space that Bulletin leases and operates, now has 170 brands featured in its New York City locations.
"It's going to be what the future of retail looks like," Layfield said.
Nancy Yu, co-founder and CEO of RDMD, a CNBC Upstart 100 company that aggregates de-identified patient data for use in disease research and development, worked as an investment banker on Wall Street earlier in her career, but it was not until she joined genetics analysis company 23andMe, run by Anne Wojcicki, that she learned to speak up. "In many ways I felt my confidence really took off during my years at 23andMe. Risk-taking and being outspoken would have been unacceptable as a rank-and-file investment banker. Almost half the team at 23andMe is seriously smart, strong-willed women."
Jill Hagenkord, 23andMe's former chief medical officer — and a "badass," according to Yu — "showed me it was OK to speak my mind, even if it was edgy or even inappropriate. ... In my wedding vows, my husband said, 'When I met you, you were a timid but smart banker, and now that's completely changed.' It was really through 23andMe," Yu said.
"Women have to feel comfortable building really big businesses," said Alana Branston, co-founder and CEO of Bulletin.
Branston said she hears a lot about the average investment round size being lower for female founders, and about the overall funding level being lower, and the data can be "pretty depressing." But it is just another hurdle to overcome and ultimately there is only one way to overcome it. "More women building big businesses is most effective way to change the dynamic," she said. "So much of it is having confidence to know you can go and build something really big. Lots of female founders I know think of their model in terms of being a smaller idea while male founders feel more comfortable making grandiose statements. Building the next Airbnb or Uber would be hard, but female founders are capable of doing it."
Bulletin is planning to expand next year to five more cities around the U.S., including Los Angeles, San Francisco, Austin and Boston.
"I would never say women need to act more like men, but for many different reasons women are not as aggressive or assertive about how big a company can be and how fast; they don't go into the pitch room with bravado," Layfield said. "That goes against what VCs want. .. Being pragmatic makes us better entrepreneurs but can work against us in fundraising."
For female founders fortunate enough to have avoided bad experiences with VCs and, to this day, have male investment partners and mentors instrumental to their success — and there are many of them, including many of the Upstart 100 companies interviewed for this article — the magnitude of the challenge and the avenues for progress can come outside the pitch meeting and after having already had much success.
Shirley Chen, the founder and CEO of Narrativ, an Upstart 100 advertising technology company that works with publishers of review sites to drive online consumer sales, had everything go right for her: Early childhood in Beijing, where math and science were part of a rigorous core curriculum that all girls and boys went through; attending the Thomas Jefferson High School for Science and Technology in Alexandria, Virginia, a top 10 high school in the U.S. with a STEM focus; and a job at McKinsey where she never had to think twice about speaking up in the room with a senior partner or senior public company executive.
Her realization came when her success at Narrativ led to a dinner invitation for top adtech executives: Chen was one of only two women at the exclusive industry dinner. She went back to work and had an intern compile a spreadsheet on the 50 largest adtech start-ups. Across the firms, which had raised closed to $4 billion in venture, not one had a female CEO.
"I never knew what the stats were and the results were even more dramatic than I imagined," Chen said. "Just because I didn't experience it doesn't mean it isn't true."
Now building her team at Narrativ, Chen also sees the issue arise when female engineers don't negotiate over salary, and when seeing a pipeline of engineers that is only about 20 percent women. Chen said she has a better understanding now and Narrativ has made a commitment to keep its team gender-balanced and interviewing female engineers for senior roles. "When you're under the gun to deliver on revenue it is so much easier to hire a senior engineer who is a guy than take a risk on a younger engineer who is a woman. But start-ups need to be cognizant of the tradeoffs they are making to ship a product next month." She added, "Even though Narrativ is a small company with 30 employees, that can have a larger impact as you grow."
Clara Vu, co-founder of Upstart 100 company Veo Robotics and a former iRobot engineer, said being a woman in engineering for two decades has often means figuring it out for yourself and feeling your way through the dark. Being the only woman in math classes or the only woman on an engineering team was the default. Many young female engineers, instead of moving up the leadership ladder, get sidelines into product liaison roles, "soft skills" positions, and that has led to a pipeline problem, not enough young women engineers encouraged to seek leadership.
Veo chooses its VC based on the ones that can best support its growth rather than on the makeup of the VC firm, but the firm and Vu are attuned to having a management team that is half women and Vu specifically, have one-quarter of the engineering team be female, which she said is well above average. "We are all used to being the only person in the bathroom," she said.
Vu said she does not have a quantitative goal for the engineering team, especially as start-up trying to find the one person with the skill set you need and when you need them, and given the engineering population is majority male and specialized. "It would be hard to have a 50-percent female team, but I do think that I can definitely make an effort to get more diverse candidates in the door in the hiring process, reach out to women and other underrepresented people." And she added that these candidates are often well above average, "because below average ones wouldn't have made it that far."
Having more women on the team can help to address one of the the biggest statistical gaps for women in the start-up community: male domination when it comes to the cap table, or in other words, who holds all the equity in firms.
A report released in late September by equity management software platform Carta showed who really has the wealth in Silicon Valley: Women only hold 9 percent of employee and founder equity.
"We're not the ones that are going to be getting rich when these companies do well," said Sara Mauskopf, a former Google employee and co-founder and CEO of parenting information platform Winnie. "Every way you look at it, women are not getting the wealth created in these companies, in a really disproportionate way," she said. "All the advances made, getting women to work in tech and more female founders are not represented in terms of the wealth."
The situation led Mauskopf to publish Winnie's cap table, a move she said is unheard of in the industry. "Most companies would look bad if they published this information," she said. Winnie's cap table is over 70 percent female, split between employees, founders and VCs, and that is unusual and it was an intentional decision. "We wanted women to get wealthy, and we believe we are going to make a lot of money and we want that money going to women," Mauskopf said.
The Winne CEO said in the same way most public companies now report on diversity measurements, she is hopeful that cap tables will become more public, and it is an agenda she will try to promote through larger organizations like All Raise and Founders for Change, though it will be a much slower change that broader diversity measures since start-ups and VCs "can't just go and hire a bunch of women and minorities and see changes in the cap table."
Many female founders stress that their most critical goal isn't diversity, or worrying, but building their current venture to a successful exit. "I work my ass off, that's the best thing I can do," said Tamara Mellon CEO Layfield. "Building a big business will pave the way for it to be easier for the next female who asks for money."
X Factor Ventures' Palmer said the biggest takeaway for her VC firm one year after its launch was the realization of just how many women there are building interesting, venture-scale companies. "We knew there was a culture of women building start-ups but weren't quite sure how large it was. The number of companies we've seen through partners or through email introductions is a little over a thousand," she said. "The sheer volume was eye-opening. And we want to arm as many women as we can with checkbooks."
Lyne said when BBG Ventures was launched four years ago, many peers in the VC community said it was a "nice goal" to start a fund that will invest in female founders, but they added, "There just aren't enough of them to really sustain a fund for a long period of time."
"We have seen over 4,000 companies in four years with female founders," Lyne said.
Disclosure: CNBC parent Comcast is an investor in Modsy.


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Two former employees of T-Mobile have been fined a total of £73,400 ($120,000) for stealing and selling sensitive data that alerted companies outside the network to the renewal dates for over 500,000 of the mobile network’s customers.
Former sales manager David Turley and employee Darren Hames eventually pleaded guilty to offences under Section 55 of the Data Protection Act (DPA), after a suspicious T-Mobile asked the Information Commissioner’s Office (ICO) and Kent Police to investigate the matter in 2009.
After a hearing at Chester Crown Court, Turley was fined £45,000 in “confiscation” costs to be paid within six months or face an 18-month prison sentence, while his accomplice Hames was asked to pay £29,200 or face 15 months in jail.
What the pair traded in was customer renewal data culled from the T-Mobile database, critical for any third party outfit wanting to make money by banking renewal fees gained from signing customers up to a different network.
The operation was sophisticated enough to use both intermediaries and data laundering – adding data picked up from other sources such as marketing opt-ins – as a way of attempting to disguise the data’s origins.
The investigation uncovered how Turley, who had by this point left T-Mobile to set up his own mobile data brokerage, would meet employee Hames in a public place and be given stolen records on a USB stick, paying the latter between £2,000 and £5,000 for the data.
T-Mobile estimates that the number of traded customer records was 556,355, many of whom would have been contacted by cold-calling sales agents as their contracts expired. An unknown number will have left T-Mobile as a result.
The fine is the largest yet handed down in the UK to employees found to have sold company data for personal gain and marks a new line in the sand for a crime believed to be much larger than has ever been reported. It is also the first time the ICO has issued a confiscation order to recover money gained from crime.
“Those who have regular access to thousands of customer details may think that attempts to use it for personal gain will go undetected. But this case shows that there is always an audit trail and my office will do everything in its power to uncover it,” said Information Commissioner, Christopher Graham.
Beyond the general theme of data theft, the case rips open the cut-throat and at times greedy economics that lie at the heart of mobile phone contracts. With profit margins high, competition for contract customers is intense with networks paying up to £250 for each person through the door, the ICO noted. The lure for criminals is strong.

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Nurses union warns of shortage in protective gear amid new coronavirus surge
One of the nation’s biggest nurses unions on Tuesday warned that recent spikes in coronavirus cases have caused a corresponding shortage in personal protective equipment (PPE), echoing shortages that emerged early in the pandemic.
“We’re five months into this and there are still shortages of gowns, hair covers, shoe covers, masks, N95 masks,” Deborah Burger, president of National Nurses United, told The Associated Press, citing member surveys. “They’re being doled out, and we’re still being told to reuse them.”
Supplies have improved compared to March and April, when states were forced to compete with one another for equipment, but there remains a short supply for some nonacademic and rural hospitals, Aisha Terry, an associate professor of emergency medicine at George Washington University, told the AP.
“I think overall, production, distribution and access has improved,” she said, adding, “the fear is that we will become complacent.”
The DuPage County, Ill., health department last week sent a letter to Congress saying county hospitals have been forced to reuse PPE “in ways that were not originally intended and are probably less safe than the optimal use of PPE.”
Meanwhile, House Oversight Committee Chairwoman Carolyn Maloney (D) last week released a memo expressing concerns about the PPE supply chain based on interviews with medical equipment distribution companies.
“Industry representatives told Committee staff that even though the severity of the coronavirus became clear in the first months of 2020, the Trump Administration offered no guidance on PPE procurement or distribution during that time,” the memo states. “Despite repeated requests from the industry for advice on critical questions, such as how to prioritize distribution, the Administration did little more than collect information from companies.”
Rear Adm. John Polowczyk, who has oversight of pandemic-related supplies for the White House, said last week in Congressional testimony that fewer than 25 percent of states had a supply of less than 30 days, according to the AP.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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Maryland is removing all Covid-19 capacity restrictions on restaurants and other businesses on Friday, citing "significant improvements in [their] health metrics," Gov. Larry Hogan announced at a news conference Tuesday.
Although physical distancing will still be required, capacity limits will be lifted on all indoor and outdoor dining establishments, retail businesses, religious buildings, fitness centers, personal service locations, such as hair and nail salons, and indoor recreation centers, such as casinos, bingo halls, bowling alleys, and skating rinks, the governor said.
All changes will be effective on Friday starting at 5 p.m. ET, Hogan said.
Large venues, such as for conferences, weddings, or concerts, may expand their indoor and outdoor capacity to 50%, Hogan said.
"Masking, physical distancing, and other safety protocols will remain in place," the governor said.


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SAN FRANCISCO, April 10, 2023 – To celebrate Earth Month, Recology announced that it achieved its goal to power its fleet with more than 90 percent renewable or alternative energy in 2022. “We made a commitment in 2019 to significantly reduce our use of conventional fossil fuels. In hitting this mark, we achieved one of […]
Starting July 1, 2022, payment processing and account management will begin moving to our new Customer Account Portal. Commercial Customers in All Areas Starting July 1, 2022, pay your bill using the new Customer Account Portal. Residential Customers in Colusa, Oroville, and Williams Starting July 1, 2022, pay your bill using the new Customer Account […]
On August 31, 2021, Governor Newsom signed Assembly Bill 332 which takes effect immediately. AB332 adopts new Alternative Management Standards (AMS) for treated wood waste. As a result of the new bill, all treated wood waste variances issued by DTSC since March 2021 are now inoperative. The variances are no longer necessary because they have […]
Recology Butte Colusa Counties now offers organic (food waste) recycling services to commercial customers in Chico and Oroville.
Electronic and universal waste, such as fluorescent tubes and consumer batteries, are prohibited from the trash. Please drop them off at one of our transfer stations for safe disposal.


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As expected, Marvel has announced a new weekly comic book series that is part of the Marvel Comics Infinite Comics initiative launched last year. And as we guessed, Wolverine takes front and center.
The weekly series is going to be released every Tuesday (a day ahead of the comic book store titles), include four different 13-chapter series featuring one of Marvel’s biggest characters, and can be purchased through the marvel Comics app.
The first series will feature Wolverine, is set in Japan, and pits Wolverine against the Silver Samurai, and a number of other baddies, as a lead up to the Wolverine movie. Wolverine: Japan’s Most Wanted will be lead by Jason Latour, Jason Aaron, and Paco Diaz.
Yes, people are already snarking about how DC did the 52 thing first, but what they aren’t mentioning is that the new issues are released a day before any print comics hit the stands. Granted because this is part of the Infinite Comics VR thing, I don’t know if/when this will see a print collection, but Marvel must be thinking along those lines.
All the press i’ve seen doesn’t mention page count, so I don’t know if these digital first comics will be 22-pages in length, or the eight to nine page length that other digital first comics are doing.


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Chandigarh, Jan 07 (Agencies): In a retaliatory move, Amritsar-based vegetable exporters on Friday refused to send trucks carrying tomatoes and other vegetables to Pakistan via Attari-Wagah land route, perturbed over the ban imposed by the neighbouring country on export of onion through land route.
"On Friday, we will not export vegetables to Pakistan because Pakistan government has put a ban on onion export to us (India)," Amritsar-based vegetable trader Anil Mehra said.
This decision was taken on Friday collectively by about 40 vegetables exporters based at Amritsar.
"We took this decision because when we (India) needed vegetables (onion), Pakistan has simply banned the export of essential item," he said, while adding that the traders were
not bothered about the losses which would they face because of not sending vegetables to neighbouring country.
Almost 70 trucks carrying vegetables including tomatoes, ginger, chilli have been withheld by vegetable exporters and were not sent for customs clearance.
"So far, no truck carrying vegetables including tomatoes has crossed over to Pakistan through land route...though five to six trucks containing soybean (animal feed) have moved to neighbouring country," a senior official of Customs Department at Amritsar said.
India is a major exporter of vegetables to Pakistan as out of total export via land route, 30-32 per cent account for tomatoes alone. Besides, soybean has a share of 55 per cent and remaining with chilly, ginger, potatoes, capsicum, biscuits, raw cotton, etc.
The exports from India to Pakistan through Attari-Wagah land route have almost doubled to Rs 840 crore during April-December 2010 against export of Rs 447 crore in corresponding period last year.
Sudden ban imposed on export of onion has hit the traders of both the countries with Indian importers claiming that Pakistan had not even allowed the supply of contracted orders of onion before the announcement of ban.
Indian traders claimed that vegetable suppliers in Pakistan had also shut down their vegetable business in protest against imposition of ban on onion export. Notably, close to 7,000 tonnes of onion had arrived since the commencement of onion export to India from Pakistan via land route.
Because of the supply of Pakistan onion, prices of onion in Punjab and Chandigarh had come down from a level of Rs 60-65 per kg to Rs 45-50 per kg.


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Rockstar co-creator Dan Houser puts million-dollar flat on sale for sixth time.
Grand Theft Auto's co-creator Dan Houser has put his luxury New York City mansion up for sale for the sixth time, which could see him netting a $2.25 million loss.
The lavish five bedroom Manhattan property was snapped up by the videogames tycoon for $12.25 million last year.
However, it seems as if the 39-year-old games maker is eager to sell the 7,000 square-foot property as its been put on the market at a bargain rate of $10 million.
According to a report by the Daily Mail, Bond-star Daniel Craig nearly bought the three-storey condo last year but the sale fell through.
The property listing touts the many advantages of the building, such as its "oversized chef's kitchen with large pantry" and its "massive wall space for an extensive art collection".
In addition to this, the main floor also houses a special media room as well as a guest room with an en suite bath and office.
Despite its loss-making price tag, Mr Houser doesn't seem to be selling the property out of poverty, having instead moved to a nearby townhouse formerly owned by famed writer Truman Capote.
The Grand Theft Auto-maker's personal fortune is expected to be worth around $80 million and is only set to grow as the release date of Grand Theft Auto V draws ever nearer.
Take a look at the car-jacking, pimp-bothering trailer below:


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Google has announced the release of the Android 14 Developer Preview. However, it is currently available exclusively to Pixel smartphones including the Pixel 7 series, Pixel 6 series, Pixel 6a, Pixel 5, Pixel 5a and Pixel 4a. The developer preview has brought a bunch of updates and features including better interface speed, power-draw optimizations, as well as security and privacy upgrades. It has also added bigger fonts with non-linear scaling for all apps. It has also optimized the usage of the battery by the apps in the background.
According to the details shared on Google’s Android Developer page, Android 14 Developer Preview images are available on a number of Pixel devices. These include Pixel 7 series, which includes the vanilla variant and Pixel 7 Pro, Pixel 6 and Pixel 6 Pro, Pixel 6a, Pixel 5 series, Pixel 5a and Pixel 4a. Users can get access to the Android 14 system image by either using the Android Flash tool or by manually installing it. The Android 14 Developer’s preview has also given a sneak peek into the upcoming features and improvements.
The Android 14 Developer Preview hints at bigger fonts in the new update with non-linear scaling up to 200 percent, which is currently 130 percent on Pixel devices. Developers can test this out by selecting Setting > Accessibility > Display size and text settings. The improved font scaling is also applicable to big screens and foldable devices. In another major change, now permissions will not be pre-granted to most newly-installed apps, instead, they will be denied by default.
The new operating system will also optimise the battery usage by the apps running in the background. This will prevent unwanted apps from using the phone’s battery. Moreover, the update will also let apps use less background power when downloading files. It will also include updated lists of restricted non-SDK interfaces.
Tipster Mishaal Rahman has also shared his inputs into the developments regarding Android 14. According to his tweets, Android 14 is also testing an app cloning feature allowing users to run two copies of the same app through two accounts.


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Spectacular World Dental Show Signal India’s Growing Dental Sector
The three day event demonstrated to the world that the future of dentistry lies in India
IDA-ADITI hosted World Dental Show, the flagship event beyond compare, got off to a splendid start at the specially erected podium at the Bandra Kurla Complex here on 29 October 2010.
Dr Roberto Vianna, the President of the FDI World Dental Federation, who was the Chief Guest at the glittering ceremony, inaugurated the World Dental Show in the company of a galaxy of dental luminaries. The inaugural ceremony became truly global with the august presence of the President of the Federation of Dentaire International (FDI) and the faculty members from the University of California, San Francisco.
The World Dental Show, the leading dental trade exhibition and a key platform for expanding the Indian dental market was held from October 29-31, 2010 at the Bandra Kurla Complex, the emerging locale for trade exhibitions. Occupying over 20,000 sq. m. area of exhibition space, it was the biggest dental show ever held in India. Considerable participative interest in the World Dental Show was evinced by countries across all the continents except Africa. The ambience at the event left a truly international mark in the minds of the people. The event provided an opportunity to the participants to assimilate modern technologies and secure a chance to witness the state of the art dental equipment and products displayed.
As many as 32 companies from14 countries (China, Czech Republic, Brazil, Germany, Hong Kong, Israel, Italy, Japan, Korea, Russia, Taiwan, UK, USA and UAE) other than the 123 companies from India had occupied 384 Trade Fair Stalls that displayed several innovative devices that made the event truly global. Over 1500 delegates had registered for participation at the Scientific Conference over the three days of the event. The international exhibitors were amazed at the potential that existed in the dental market in India. The exhibitors did a lot of business and they met the entire dental fraternity of India at one place. The exhibitors were really happy to see the large number of visitors numbering over 16,000 to the Show
The fact that the event was a sequel to what transpired at the inaugural event in 2009 goes to prove the concept and success of WDS as a global event and the desire of the exhibitors to participate in the development of dentistry in India. WDS 2010 brought together exhibitors from all over the world together with the doyens of Indian dental industry. In Mumbai, India's most dynamic industial and commercial city, WDS 2010 combined exhibition, scientific programme and the user-oriented workshops to create a platform which was unique in itself. All segments of the dental sector like dental professionals, trade and industry, laboratory technicians were well represented, besides the large number of dentally discerned who visited the three day fair. Events like this are expected to improve the oral healthcare sector in India and consequently oral health of the people which is the mission of IDA. range of products, technologies and innovations that were on display. WDS 2010 has successfully brought about a fusion of the latest innovations and emerging technologies from around the globe to India’s dental community.
WDS 2010 provided visitors with a truly global glimpse of the trends shaping the world of dentistry and the diverse range of dental professionals that the conference was able to attract. Visitors to WDS 2010 also benefited from the wide-range of products, technologies and innovations on display.
Encouraged by the success, preparations for the event to be held in September 2011 have already begun and booking of booths for WDS 2011 has started in right earnest in this event itself.
For More detail Contact:Manager (Events & Communication)


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When Tesla Inc.'s market capitalization surpassed General Motors (gm) yesterday and Ford Motor Co. (f)
last week, it became the most valuable U.S.
TMZ.com-1 hour ago
Elon Musk's Tesla is now America's most valued automaker, but you'd never know it from his employee parking lots ... which look like a total .
www.jewishpress.com › News & Views › Business and EconomyMar 30, 2016 - Jerusalem (TPS) – Tesla CEO Elon Musk secretly visited Israel a few weeks ago to view a demonstration of futuristic Israeli innovations in ...


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A Charles Darwin University student has been recognised as the top salesperson at Australia's largest virtual business trade fair.
Studying a Diploma of Business with Business General (Top End), Aminah Djawas received the award at the Virtual Enterprise of Australia International Trade Fair held in Perth recently.
The 26-year-old Territorian was one of a team of seven who travelled to Perth for the opportunity to practice in a virtual environment and network with students from around Australia who engaged in managing virtual businesses linked with real business partners.
CDU’s Business General (Top End) Team Leader, Bev Luke said the group worked late into the night refining their selling skills and team effort in the design and operation of their booth before the event.
“We’re extremely proud of Aminah’s efforts and the recognition she has won on a national stage and of the team’s whole effort,” she said.
“Judges informed them that it was extremely difficult not to award the group a special prize for the booth which had been widely praised, particularly for the artwork of Indigenous student, Michael Robertson.
“The result highlights the quality of training, and practical applications for students at CDU through the Business General (Top End) model in partnership with Crocodylus Park.
The International Trade Fair is a business learning event, allowing students to become involved in event management, setting-up virtual trading booths representing virtual firms, and taking part in virtual business trading.


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So, all the news out of Motorola this week wasn’t about splitting up the company and what, if anything, Carl Icahn had to do with the decision.
Almost lost under the avalanche of “what does the future hold” stories was the announcement of a cute little touch-screen mobile TV. At CTIA in Vegas next week, Moto will be showing off the Mobile TV DH02, along with five other new products, Computerworld reports.
One way the DH02 will access digital broadcast content over wireless spectrum, but that type of service isn’t yet allowed in the US. Heck, the spectrum auction only just ended. According to the Computerworld report, the touch-screen will let users click, drag and scroll through icons to find something to watch. It will also support HSDPA and GPRS networks, so carriers to offer interactive services.
We can only assume that the slew of new products is Moto’s way of showing that while it may look like the company is on life support, it’s not dead yet.


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California Marijuana Startups, Shut Out From Banks, Turn to Private Backing
Posted December 27, 2017 6:37 p.m. EST
Marijuana is becoming legal in California, and entrepreneurs are rushing in with infused artisanal chocolates, specialized farming equipment and security teams to guard large hauls. On Jan. 1, companies will be able to produce and sell marijuana in the state, making it one of eight in the United States where the recreational use of cannabis has been legalized. But finding expertise and financing won’t be easy.
Cannabis use still lacks legal standing with the federal government. That means growers, processors and retailers can’t open accounts or access lines of credit from federally insured banks. They can’t write off business expenses when they file their taxes, and it’s extremely difficult to purchase crop insurance (think of the recent spate of fires in California).
“It’s federally illegal, and that makes running a cannabis business more challenging than arguably any other kind of business,” said Kris Krane, co-founder of 4Front, a medical marijuana investment and management firm.
Cannabis-focused accelerators and investment companies aim to change that.
These enterprises have long been a presence in Silicon Valley, offering mentoring and investment in exchange for an ownership stake. Companies that provide these types of resources are critical to expanding a nascent industry around legal marijuana, said Krane, if only because they can introduce entrepreneurs to angel investors and other private capital sources.
Funders have reason to be interested. Selling cannabis in California has the potential to generate $5 billion a year, once a critical mass of businesses have proper permits, according to the Agricultural Issues Center at the University of California at Davis. Each harvested acre of cannabis could be worth millions of dollars, based on current prices in Washington, Oregon and Colorado, according to Greg James, the publisher of Marijuana Venture, a monthly business magazine.
Two years ago, Ben Larson and Carter Laren co-founded Gateway, an accelerator in Oakland, California, that has helped expand 19 cannabis-related startups specializing in a wide variety of business activities, including payment solutions, cannabis products aimed at seniors, agricultural technology and hemp-based plastics.
When the pair started, medical marijuana had been legal for two decades, but Gateway found many companies’ business practices were still “not far departed from those of the black market,” Larson said. With legal adult use in sight, the industry is making a rapid transition to more sophisticated, transparent and mainstream business practices, he said.
Gateway now offers $50,000 in exchange for 5 percent of a company’s ownership and brings the management team of startups into its offices for about six months to work with experts, mentors and potential investors. Applicants present their business plans and answer questions on legal issues, trends and the competitive landscape. Larson sometimes assigns homework, asking founders to conduct customer interviews and do market research.
Entrepreneurs bring a wide variety of ideas because the industry is just forming. For example, new apps, sensors and machinery help control growing conditions, save energy and reduce labor costs in greenhouses.
Even “the boring areas” of the marijuana industry offer terrific opportunities, said Larson, because growers are spread too thin. The same company might be cloning plants, harvesting crops, selling to dispensaries and making deliveries. “There may be eight different steps in their value chain that could be specialized” and contracted out, he said.
Increasing brand recognition for products and retailers is another major opportunity for startups. “There’s no Starbucks or Nordstrom’s yet — names that mean things to people,” Larson said.
One of Gateway’s graduates is Carrie Tice, the founder of Octavia Wellness. She quit her job at a technology company in 2015 when her mother became ill and now sells cannabis as tinctures, salves and other products to seniors looking for alternatives to opioids for pain relief and better sleep. Most of her products have little to no THC, the psychoactive component of cannabis.
Gateway helped Tice refine her pitch and introduced her to Big Rock, a private family fund and investment company. Big Rock helps with everything “from community intros and tech support to marketing resources and updates on regulatory developments,” said Tice in an email.
Octavia Wellness now has a network of 80 “wellness consultants” who advise more than 1,100 clients in California, and will be expanding to Nevada, where both medical and recreational marijuana is legal. Tice said that legalizing recreational use will boost her sales considerably because people will no longer have to obtain a doctor’s recommendation to buy her products.
Companies like Big Rock, which has invested more than $10 million in the cannabis industry, are playing an important part in funding the industry’s growth. “Starting up a testing lab or a dispensary is extremely capital intensive,” said Stephen Kaye, Big Rock’s chief operating officer. Private firms can make decisions and move large amounts of money quickly, he said. He receives pitches every day from entrepreneurs and is especially interested in medical research. For Jody Hall, an entrepreneur in Seattle, joining an investment company has freed her to focus on her core business rather than on the myriad regulations that accompany its operation. Hall, who runs a conventional cupcake business, started a new venture, GoodShip, two years ago to make cannabis edibles. She found that she was spending “way too much time” getting advice from lawyers on what was or wasn’t allowed. Hall recently sold GoodShip to Privateer Holdings, a private equity firm, and is staying on. The cash infusion has given her more time to develop products, she said, and has accelerated her plans to expand to California.
While states are collecting hundreds of millions of dollars in tax revenues from marijuana businesses, and a rising number of Americans favor legalization in some form, Attorney General Jeff Sessions’ firm opposition to it poses a risk to cannabis-related companies. He could “shut the industry down tomorrow,” said Micah Tapman, co-founder of the Canopy cannabis accelerator and venture capital fund in Colorado.
Of course, there are other challenges. Evolving rules and regulations, like new packaging requirements, can add unexpected costs to processors and retailers. Companies forced to deal only in cash can run into safety and theft issues. Many small growers emerging from the black market “have no idea how to run a commercial-scale facility,” James of Marijuana Venture said.
Despite the hurdles and uncertainty facing the industry, Larson of Gateway has remained optimistic. “People are gaining confidence as legalization spreads, and the growth is going to be huge,” he said.


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Intel has found a major bug in its new “Sandy Bridge” CPU chipsets. The error affects Intel 6 Series chipsets, codenamed “Cougar Point,” and relates to SATA port degradation over time. This will affect hard disk and DVD performance.
In short, to know if you’re affected, according to Intel the following three points must apply to you:
1. Your computer contains an Intel 6 Series chipset.
2. It contains a second-generation Core i5 or Core i7 quad-core chip.
3. You bought it after January 9.
Intel’s issuing a product recall and already has fixed the chipsets it’s manufacturing right now. It’s working with original equipment manufacturers (OEMs) to make everything right, although it points out it that consumers “can continue to use their systems with confidence” because the bug probably won’t strike for a while yet.
The scale of the problem hasn’t been revealed, although Intel says it thinks “relatively few customers” will be hit. However, it also estimates the issue will cost $700 million to fix, and trading of its shares was halted this morning to give time for the news to sink in.
The recall is certain to hit manufacturers hoping to refresh product lines by incorporating Sandy Bridge chips. Intel reckons it won’t be able to get into full-volume delivery of bug-free chipsets until April.
Those waiting for updates to Apple’s MacBook range might be waiting a little longer, for example.
This isn’t the first time Intel has had a serious problem with its silicon, and the company is no-doubt praying that nobody mentions the Pentium floating-point bug. Discovered back in the mid-nineties, this meant some obscure calculations returned incorrect results on Pentium CPUs. The problem cost Intel $475 million to put right, largely through replacing affected silicon, although it paid a higher price via lost credibility among its user base.
Luckily, Intel seems to have learned how to do things better this time around, although there’ll be champagne corks popping at AMD’s headquarters right now.
Although the public response could go either way, the bug has the power to cast a significant shadow over the Sandy Bridge platform, which has otherwise been a dream launch for Intel. It could even threaten the whole Core line of processors, which, again, has otherwise been a major success.
I wouldn’t be surprised if work is being stepped up at Intel’s research labs to bring forward the launch of its next generation of chips. Alternatively, we might soon see a new chip that’s suspiciously similar to Sandy Bridge, but with a handful of tweaks here and there to give the impression a new product is being released. If all else fails, Intel could simply drop the price of the Sandy Bridge line, until it all becomes irresistible.
For IT admins wanting to avoid fiascos like this, the solution is simple: Never, ever buy first-generation hardware, or hardware that’s recently seen a major technology update.
Solid-state hardware has traditionally been considered immune from this rule, but that’s clearly not the case. The complexity of modern computing hardware (and software!) means that the first generation of users are bug testers who pay a premium for the privilege.
Some bugs get fixed, while others have to be worked around. When Apple partnered with Intel a few years ago I bought one of the first generation of MacBooks, featuring a Core Duo chip. I was repaid with a whistling CPU that made anybody in a quiet room think they had tinnitus. Apple didn’t want to know so I ended-up using a software hack. By that point I’d learned my lesson.
Major bugs are usually quashed in the second-generation release, but in my opinion the best time to buy any hardware or software is towards the end of a product line’s life. At that time the price will have fallen too.
Of course, you won’t get the fastest hardware, but when’s the last time you sat around waiting for something to happen because your computer had slow hardware? If you’re waiting around, in all likelihood it’s your Windows installation that’s to blame, and that’s a problem that can be fixed pretty easily.
Keir Thomas has been writing about computing since the last century, and more recently has written several best-selling books. You can learn more about him at http://keirthomas.com and his Twitter feed is @keirthomas.


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Two of the most significant developments for the TV industry this week took place not on Broadcast Row, or even Madison Avenue, but out west in Silicon Valley: The disclosure that Google plans to spin off the set-top box division of its Motorola Mobility acquisition to focus on its new “Google Play” play; and Apple’s overhaul of Apple TV. Both will help accelerate the migration of TV viewing from coax, satellites and over-the-air to their operating systems. In the case of Google Play, its Google’s push to finally turn the Android Marketplace into the kind of one-stop entertainment marketplace that Apple has dominated to date with its iTunes platform. In the case of Apple, it’s just a refinement of its Apple TV platform that will essentially turn its users TV experience into a giant iPad, albeit an iTunes-connected iPad.
It you think these are just more in a litany of “over-the-top” television forays, then you haven’t been tracking the penetration of Google’s Android and Apple’s iOS operating systems, and the fact that most consumers are becoming conditions to accessing content via these platforms, and it’s only a matter of time, money, and copyrights before they become full-fledged TV viewing experiences.
The Google story is particularly interesting, because it helps answer a lot of questions on the minds of TV industry executives ever since it bought the Motorola division, which is also one of the biggest suppliers of digital set-top devices to the cable TV industry. Some had feared that Google might try and leverage that technology to muscle its way into the TV industry’s infrastructure, something other Silicon Valley players have largely failed at. Instead, Google seems to be saying, the future of television isn’t the set-top box, but a personal media interface like, well, Android.
While it’s still unclear what Google ultimately plans to do with Motorola’s handset business, the real story is Play, which will leverage Android’s dominant mobile device penetration to wean personal media downloaders off of iTunes.
Apple’s news, meanwhile, was more about enhancing its users interface experience, making Apple TV look and act more like the functionality of its current hit, the iPad, which also made news this week with a new, high-definition version that will likely enhance TV viewing on the hand-held experience.
Net/net: Google is banking on the ability and ubiquity of its Android operating system – not a hardware play like Motorola set-top boxes – to coopt TV viewers, while Apple is focusing on its spiffy hardware. Whether it is because of form or function, both will continue to win consumers over, and when enough of them come, well you know, the TV industry will have to follow.


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Business News›sizeable skin in the game
SIZEABLE SKIN IN THE GAME
Investment managers should be covered by skin in the game rules
Investment managers should be mandated to park their entire equity investments only in the funds that they manage — i.e., have a sizeable skin in the game (SITG). The idea behind SITG is primarily about symmetry — if you stand to gain from the upside, you should be forced to pay for the downside as well.
Covid-19 has led to an increase in demand for immunity-boosting Ayurveda products
Several old and new companies have latched on. Baidyanath Group logged a three-fold jump in sales of chyawanprash as well as honey and giloy satva products since April. Dabur has seen a seven-fold growth in demand for chyawanprash. Its giloy capsules and honey bottles are also being sold in sizeable quantities. Auric Beverages, a startup that makes ayurvedic health drinks, has seen a three-fold surge in demand for its products.
Vistara will continue to develop its network in India & abroad; mum on Tata group's stand on Jet: Bhaskar Bhat
Vistara, which started operations in 2015, is 51% owned by Tata Sons and 49% owned by Singapore Airlines.
Indiabulls Asset Reconstructions gets RBI licence, to launch Ops
IAR, set up to assist banks and financial institutions in reducing their non-performing assets, plans to start operations shortly.
India's mythological TV dramas a big hit in China
"Indian mythology itself is just fascinating. Its philosophy and worldview, which are very exotic, have been a wonderful new world to me," Yang Buhui, 29, who works in the gaming industry, said.
Banks come up with plan as Finance Ministry wants tighter due diligence on loans to check NPAsAmid mounting bad loans, bankers are being forced to take a closer look at their basic skill — judging a borrower before signing the cheque.
FMCG companies run into growth bump in South"The reality is that southern India is high in terms of per capita consumption and nowhere has penetration reached saturation points."
Sony Xperia Z review: Packs a powerful punchThis phone sports a 13MP snapper with LED flash on the rear and a 2.2MP camera in the front.Load More
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As part of the ITB Convention at ITB Berlin NOW 2021, the organizational partner HTI offered a roundtable on the Future of Medical Tourism, held on 10 March 2021. It gathered medical travel professionals with expertise in diverse backgrounds and global destinations: wellness hotels, travel agencies, clinics, facilitation services, and angel funding. The panelists were Christian Fadi El-Khouri, Managing Partner at MESC International Patient Service from Wiesbaden (Germany); Ivana Kolar, CEO of Julius Rose from Croatia and Slovenia; Dr. Sherif Hassan MD, CEO & Founder of Tripsetc Travel Company based in Maryland (USA); and Sandeep Vohra, Chief Executive for Technology Investments at Roseview Enterprises in Dubai (UAE). Leila Kresic-Juric, Managing Director & Partner at HTI Conference (Croatia), moderated the panel.
Rebound of international tourism expected in 2023/24
The 2020 started full of glory after the best tourist year ever and full of hope about reaching fantastic results out of the most courageous business plans ever made. Instead, we faced, and we are still facing, the most challenging year in our lives. Like never before, health tourism depends on external factors such as travel restrictions. The Covid-19 pandemic brought new buzz words such as Social distancing and New Normal. At the same time, the UNWTO recorded an unprecedented decrease of 74% worldwide and a loss of 1 billion international tourist arrivals in 2020. Shortly after the pandemic took off, two institutions took the leadership role. One is the UNWTO: namely, the 2020 statistics confirmed the loss of USD 1.3 trillion in export revenues globally, while 100 to 120 direct tourism jobs remain at risk, mainly in small and medium-sized enterprises. Unlike previous predictions that projected a rebound in international tourism demand in Q4 2021, the recent recovery outlook has worsened the prospects, and the rebound may take place in 2023/24. Another important organization is the World Travel & Tourism Council representing the global private sector (its members contribute to 30% of global turnover). Travel & Tourism has historically been one of the fastest-growing sectors in the global economy. Therefore, in May 2020, the WTTC developed a series of “Safe Travels” protocols tailor-made for hotels, tour operators, airports, attractions, events, short-term rental, car rental, insurance, adventure tourism…
Trends for 2021
The New Normal speeded up certain changes and brought new paradigms! Just have a look at the new old greeting “Stay Healthy”! The new paradigms include health prevention and promoting wellbeing to all but not only to the privileged ones. Also, medical services are becoming more personalized, and treatments are less invasive and most preventative. Healthcare is patient-centered but not providers-centered, while digital tools are becoming “a must-have” and not just “an option.”
Nevertheless, when discussing the news for 2021, they can be summarized as follows:
- There is a growing demand for open-air and nature-based tourism activities
- Domestic tourism and “slow travel” experiences gain increasing interest
- Many countries are introducing stricter travel restrictions (according to UNWTO, 32% of all tourism destinations are closed for international travel).
- The Covid-19 vaccine is expected to restore consumer confidence
- Destinations’ health and safety certificates are becoming the top priority
On top of that, the European Tourism Manifesto, an initiative of the leading professional organizations led by the European Travel Commission, calls for a harmonized approach for tourism recovery and asks European governments to chart the restart plan.
Digital, sustainable and safe medical travel
Today’s medical tourism calls to discuss backlogs in healthcare, Covid-certificates, telemedicine services, and vaccination, being the ultimate question “is there any winner”? Besides presenting current trends in Europe, the USA, and GCC countries, the Roundtable discussed the role of digital health and new technologies in medical travel, sustainable development strategies in health tourism, and hospitals’ mistakes when entering and staying in the International patient business arena. The conclusions imply that the digital era is here to stay while tourists no longer seek mass tourism but safety protocols in destinations. Hygiene and safety have become the priority which consequently has a positive impact on sustainability. Finally, all medical travel stakeholders need to adopt digital transformation and develop sustainable strategies for health-related products and services.


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June 10 - Game makers tout updated games, and console tweaks to enthusiastic fans at the Electronic Entertainment Expo in Las Vegas. Bobbi Rebell reports.
Playstation came out swinging at E3, the electronic entertainment expo in Las Vegas- unveiling a new white console- and a lineup of major new games- including first person shooter game, Destiny: Andrew House, President and Group CEO, Sony Computer Entertainment: SOUNDBITE: ANDREW HOUSE, PRESIDENT AND GROUP CEO OF SONY COMPUTER ENTERTAINMENT INC, (ENGLISH) SAYING: "The 'Destiny' trailer that kicked off tonight's show is the embodiment of our vision, from its graphic fidelity, to its dynamic social experiences, to its deeply immersive gameplay, 'Destiny' will help define this next generation of gaming. Like so many of the world's biggest and best games you'll be able to play 'Destiny' first on PlayStation." Sony also said it's releasing a PlayStation TV set-top box for $99 this fall- which will tie into the company's cloud-based game streaming service- PlayStation Now. That will help it compete with players like Amazon- and its $99 Fire TV video and game streaming device. It's already taken a solid lead over Microsoft's Xbox One- selling more than 7 million PS 4s, a nice first-year lead over the more expensive Xbox One's 5 million. Microsoft has now slashed prices- to try to bridge that gap. They were at E3 too- hyping their game lineup- including Halo- which Xbox head Phil Spencer showed off to a revved up crowd SOUNDBITE: PHIL SPENCER, HEAD OF MICROSOFT'S XBOX BUSINESS, MICROSOFT (ENGLISH) SAYING: "Halo launched the original Xbox, Halo launched Xbox Live and Halo is the cornerstone on Xbox 360. Now Master Chief collections will allow gamers to allow the entire Master Chief story only on Xbox 1." Microsoft announced a line up of two dozen games- including a number of hard core shooting titles. Both Microsoft and Sony are both benefitting from Nintendo's struggles- whose Wii U has been a huge disappointment. But Nintendo has a new strategy to breathe some life into the two year old console- interactive figurines- called amiibos. And Mario gets an upgrade- now consumers will be able to put their own design on the game, with Mario Maker.


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Right now, the Blu-ray Disc and HD DVD next-generation DVD camps are engaged in a brutal battle for market share, where only one is expected to be the winner. Capturing a critical mass of consumer dollars also means capturing the consumer's faith that a particular format will be the winner. No one wants to sink money into the next Betamax. All this means that next-generation DVD sales numbers are becoming more critical, both as an indicator of actual sales as well as a guide to what your fellow shoppers might be thinking.
Currently, the only real source of independent sales data on next-generation DVD sales has come from Nielsen VideoScan, a member of the well-known Nielsen family of companies that generate the ratings used to determine the popularity of TV programs.
Nielsen has tracked sales numbers since November, and provided weekly data to industry trade publications on a week-to-week basis. However, the firm sent over a spreadsheet to Foxnews of all of their numbers, [which clearly show Blu-ray taking a huge chunk of market share from HD DVD since November 2006.]


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Right now, the dress is at $445.00 with 37 bids, but there’s still time because the dress will be on the block until the end of Monday.
What a steal for a custom designer dress!
The proceeds from the dress will go to RE/CREATE New York to help the area rebuild after Hurricane Sandy.
We can't think of a better reason to drop some serious ca$$$h!
[Image via Torem Craig/WENN.]


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US - A number of news outlets reported over the weekend that the World Trade Organisation (WTO) has determined that USDA’s latest attempt to write rules for mandatory country of origin labelling still runs afoul of WTO rules, write Steve Meyer and Len Steiner.
- Total meat and poultry stocks remain very tight. As can be seen at right, the total amount of beef, pork, chicken and turkey in freezers as of the end of July was — as it has been for now five months — near its lowest level of the past five years. The 31 July inventory of 1.9995 billion pounds was 12.7 per cent lower than one year ago. With beef and pork production levels expected to be low relatively to historical levels and chicken output growing only modestly for the remainder of this year, we do not expect these numbers to grow versus history much the rest of this year.
- Chicken is a major contributor to these lower frozen protein supplies. There’s nothing new about that statement since this is the fourth straight report in which the inventory of frozen chicken has been at it's lowest level in the past six years. 31 July stocks were 12.9 per cent lower than last year. But this is not simply a matter of lower output in the face of high domestic prices. In fact, stocks of breast meat — though still low versus history— are up 6.2 per cent versus their level of 31 July, 2013. That frozen stock figure was the lowest of the last five years, though. The big declines this year are in leg quarters (down 42.2 million pounds or 26 per cent from last year), wings (down 32.2 million pounds or 34 per cent from July 2013) and Other chicken (down 23.8 million pounds or 9.7 per cent from one year ago). Stocks of wings and leg quarters were record high one year ago.
A number of news outlets reported over the weekend that the World Trade Organisation (WTO) has determined that USDA’s latest attempt to write rules for mandatory country of origin labelling still runs afoul of WTO rules.
Our sources confirm the finding which was circulated to the affected countries late last week and will be publicly released in September. This is the second time that the MCOOL scheme has been found in violation of WTO rules and suggests strongly what we and many others have believed ever since MCOOL was adopted as part of the 2002 Farm Bill: It may not be possible to satisfy both the MCOOL legislation and WTO rules.
This ruling will give Canada and Mexico leave to impose retaliatory tariffs. Both countries have put together lists of products on which those tariffs will be levied though we have only seen the list from Canada.
It covers a broad range of items including a number of non?agricultural goods. The goal of retaliation, of course, is to get the offending country to change its policies so the tariffs will be aimed at other industries that have historically had strong lobbies or presences in the states or congressional districts of key members of Congress.
If one is going to apply a lever, one should apply it wisely, you know. Beef and pork are on Canada’s list and will most certainly be on Mexico’s. Mexico was the largest single destination for US pork products in 2013, ranking second for both muscle cuts (to Japan) and pork variety meats (to China/Hong Kong).
Canada was our fourth largest pork muscle cut market in 2013. On the beef side, Canada was our second largest muscle cut market in 2013 while Mexico ranked third for muscle cut exports and second (to Egypt) for variety meat tonnage but number one for variety meat value.
Mexico is far and away our largest broiler export customer, accounting for nearly 20 per cent of 2013 broiler exports. Tariffs will not stop exports to these countries but they will no doubt slow them and any reduction for markets as large as these two will have negative price impacts,especially if pork and broiler production increase at the same time.
ThePigSite News Desk


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Amazon quietly rolled-out a monthly subscription option for Prime in early-November. And well, not even a month later, it looks like the company has removed that option. Amazon confirmed to AllThingsD that while they “regularly test new options” they are “no longer signing up new customers for Amazon Prime monthly memberships.” That being said, those looking to become Prime members, you will once again be limited to signing up for a year at a time and at a cost of $79. Of course, we should point out that while a $7.99 monthly option was nice, you would have been paying more over the course of the year.
Follow @GadgeTell on Twitter.


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How AI and a digital telco strategy is helping MVNOs overtake the competition
02 May 2023
Thanks to the rapid rise of ChatGPT, there is now a real appetite to use machine learning (ML) and artificial intelligence (AI) in the workplace.
The benefits range from producing complex, technical...
Seven ways MVNOs and digital brands can win in a recession
15 February 2023
By John Burton, CEO, MDS Global.
Since joining MDS Global, I’ve been meeting with customers to learn more about how we can help them deliver their strategy in challenging times. No matter whether...
From consumer to enterprise: How service providers can cross the divide
13 September 2021
The enterprise 5G market promises fertile new revenue streams for service providers. Operators that currently only serve the consumer market are planning their first steps into the B2B world, usually...
Why should consumers have it better than enterprises?
21 July 2020
Operators have crafted wonderful digital experiences for consumers. Take iD Mobile, for example. iD Mobile provides its customers with a 100% digital experience via a simple app. Customers can check...
The Quiet Telco Army
27 May 2020
This article was first published on The Fast Mode. Read it here.
The global health pandemic of Covid-19 continues to bombard us with new challenges every day of the lock-down. Activities and...
Covid-19 and MVNOs: 5 incentives to support customers and boost loyalty
30 March 2020
The Covid-19 pandemic is threatening to grind the world to a halt, however the telecoms industry is helping to keep it moving. Service providers are more important than ever as they are enabling...
Beyond Bitcoin: the potential for blockchain
20 November 2018
There are some areas of new technology in which the terminology seems to be more widely used than is actually understood. That seems to be the case with blockchain – a word that pops up with...
How to use mandatory pre-paid SIM card registration to your advantage
15 December 2017
The recent spate of terrorist attacks across France, Belgium and the UK has once again sparked discussion around the mandatory registration of pre-paid SIM cards. Registration is already mandatory in...
Telecoms digital transformation: Look how far we’ve come!
31 January 2017
It used to be so simple: B2C and B2B and that was that. Neat. Little. Pockets. Then the millennium happened! Everything went blurry, even after the champagne hangovers had worn off. Consolidation was...


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One of the most frightening and controversial statistics used in cyber security and cyber insurance advertising regards the impact a data breach has on a small business.
As the narrative goes, 60% of small businesses file for bankruptcy within six months of a breach. That number is often attributed to the National Cyber Security Alliance.
That’s a frightening number for obvious reasons but controversial because the National Cyber Security Alliance says it never stated or reported that figure.
So perhaps in response to the controversy that has embroiled the organization for the past half-dozen years over that claim (google it to see how many times it appears in the search results), the Alliance commissioned a survey of 1,006 small business owners and CEOs to get a better handle on what the actual figure might be.
The results aren’t a whole lot more encouraging.
More than one-third of small businesses responded that they filed for bankruptcy or closed their doors after a successful cyber attack. That’s 25 percent who filed for bankruptcy and 10 percent who went out of business.
That’s certainly not in the 60 percent stratosphere but it should give small business leaders enough pause to ensure that their cyber security measures meet their data handling needs.
In addition, 63 percent of small businesses in a 2019 Ponemon Institute study conducted for Keeper Security said they had suffered a data breach in the previous 12 months. Keep in mind this is just the percentage of small businesses that suffered a data breach, not the actual number that were attacked, which is 100 percent as every SMB receives phishing emails on a regular basis.
I state this often but it bears repeating often — you cannot protect your business with guesses. You must know what risks your specific business faces to make the most cost-effective decisions regarding the cyber security measures you need. The only way to do that is with a Cyber Security Risk Assessment.
If you need help with that, call Threatucation at 302-537-4198. Mention this blog post and we’ll conduct a free, no-obligation Cyber Security Risk Assessment for you.


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Partners Exceed Goal to Track Spend with Women-Owned Businesses by US$1.5 Billion
July 16, 2015 – New York City
Just two years after launching the Clinton Global Initiative (CGI) commitment to advancing women-owned businesses in new markets, WEConnect International and Vital Voices have helped to facilitate and track more than US$3 Billion in new spend with women-owned businesses and the training of more than 40,000 women business owners based outside the U.S.
WEConnect International and Vital Voices are proud to announce these impressive early results made possible by commitment partners: Accenture, ASU Thunderbird, The Boeing Company, Cherie Blair Foundation, The Coca-Cola Company, DLA Piper, EY, ExxonMobil, Freeport, Goldman Sachs, IBM, ICRW, IDB, Intel, Johnson Controls, Marriott International, McLarty Global Fellows, Pfizer Inc., RBS, Rockefeller Foundation, TechnoServe, U.S. Department of State, and Walmart.
- Originally posted:: http://weconnectinternational.org/en/cgi-2-yr-update
WEConnect International Receives 2015 Best of Washington Award
Washington Award Program Honors the Achievement
WASHINGTON July 2, 2015 -- WEConnect International has been selected for the 2015 Best of Washington Award in the Non-Profit Organization category by the Washington Award Program.
Each year, the Washington Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Washington area a great place to live, work and play.
- Originally posted:: http://washington.washington.awardcontact.org/PressReleaseub.aspx?cc=DEVH-RBD5-WZXX
WEConnect International will bring together more than 200 women business owners, corporate representatives, and government officials from around the world to its annual WEConnect International Day conference in Austin, TX on Monday, June 22. Throughout the day, women entrepreneurs from every continent will get tips from corporate supply chain experts and learn more about government efforts to support women’s business enterprises.


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Gemstar-TV Guide International Inc. executives said the company had recently
engaged in positive talks with Time Warner Cable and Cablevision Systems Corp.
about licensing its interactive program guide.
A deal to license TV Guide Interactive to Time Warner would be a huge coup
for Gemstar. The MSO currently has 2.85 million subscribers that use
Scientific-Atlanta Inc.'s 'Sara' or Pioneer New Media Technologies Inc.'s
Gemstar has patent-infringement suits pending against S-A and Pioneer in a
federal court in Atlanta. And a suit Gemstar filed against Pioneer, S-A and
EchoStar Communications Corp. at the International Trade Commission is scheduled
to go to trial Dec. 3.
Executives at Gemstar have maintained that an IPG-licensing deal the company
signed with America Online Inc. in 1999 -- before AOL merged with Time Warner
Inc. -- would compel Time Warner to replace its Sara and Passport IPGs with TV
Gemstar co-president Peter Boylan said Wednesday during a conference call
that he had encouraging talks recently with Time Warner Cable CEO Glen Britt and
other MSO executives.
Negotiations have involved modifying Gemstar's license agreement with AOL,
and they addressed issues such as including advertising with the IPG, Boylan
Boylan also noted that Gemstar held IPG-licensing talks with Cablevision
earlier this month during which that MSO's executives 'expressed interest and
desire to license our technology.'
Cablevision developed its own simple IPG for its 'iO: Interactive Optimum'
digital package that rolled out in late September.
Boylan -- whose company has taken several competitors to court for alleged
patent violations -- suggested that Cablevision could face the wrath of
Gemstar's legal team if it doesn't come to terms. 'Absent of a license, we will
aggressively protect our technology,' he added.
Another source confirmed that Cablevision is talking with Gemstar about
licensing TV Guide Interactive, but the company believes its current IPG doesn't
violate Gemstar patents. Cablevision officials declined to comment.
Gemstar is also in talks with Cox Communications Inc. about converting all of
its subscribers to TV Guide Interactive, Boylan said. About one-half of the MSOs
1.28 million digital subscribers already have Gemstar's IPG, he added.
Boylan also threw some gasoline into the bitter battle the company is waging
in its patent suit with EchoStar and its CEO, Charlie Ergen, borrowing a phrase
President Bush used recently to attack Afghanistan's Taliban militia.
'You can run, and you can hide, but we are determined to smoke you out
wherever you might be,' Boylan said of Ergen.
The Gemstar co-president added that Ergen's recent agreement to acquire
DirecTV Inc. could motivate the company to settle 'because he has so much more
EchoStar officials couldn't be reached for comment
Gemstar, which reported fourth-quarter earnings Wednesday, said sales in its
interactive-platform sector increased 339 percent to $29.2 million compared with
the same period last year. Its loss in the sector narrowed to $4.7 million from
Revenue from its technology and licensing sector jumped 30 percent to $82.1


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The latest trends in the restaurant industry indicate a recovery in the restaurant industry towards the end of this year. The National Restaurant association reported that they expect real GDP to exceed its pre-pandemic levels by the third quarter of 2021. It also projects that real GDP growth will expand to 4.8% by the end of 2021, which would be the highest real GDP growth since 1999.
The newest trend to arrive in the restaurant industry is the increasing popularity of ghost kitchens. CNBC reports that with regulations requiring limited capacity for in-door and outdoor customers, large restaurant chains like Chili’s and Applebee’s are launching virtual brands that rely on third party delivery companies like Uber Eats to deliver food to customers. CNBC is also reporting that the demand for ghost kitchens, or delivery-only restaurants, is skyrocketing. Each week, new companies emerge that offer food by delivery only. By cutting down on the square footage needed to house customers, ghost kitchens save money by only paying for enough space to fit a kitchen. Although this seems to be the cheaper method, the market for ghost kitchens is becoming increasingly saturated, making ghost kitchens more expensive to lease than usual.
Also, although operating a ghost kitchen seems to make more economical sense than operating a traditional restaurant, making one profitable is becoming more of a challenge. The profit margins from ghost kitchen sales are razor thin, given that third party delivery companies take hefty percentage of it. CNBC reports that restaurants pay third-party delivery apps a commission fee ranging from 15% to 30% for every order placed. This means that to become profitable, ghost kitchens are required to sell at an enormous volume to make up for there thin margins. This challenge is becoming more difficult, as new ghost kitchens continue to saturate the market.
An article in The Franchise Times explains another reason for the demand for ghost kitchen companies. It summarizes a report from Peter Saleh of BTIG who thinks that Joe Biden’s plan to raise the federal minimum wage to $15 will cause restaurant owners to transition to ghost kitchens in order to save on labor costs.
In the retail world, CNBC reports that retailers have been ordering less inventory in order to avoid having excess inventory in case there is a COVID related decrease in demand. Although some retailers say they might have left money on the table by order too little inventory, given that demand during the holidays was greater than expected (8.3% higher than 2019), most brands have determined that due to uncertainty, not enough inventory is better than too much. The idea behind this is that excess inventory due to lower-than-expected sales requires major discounting to get rid of it. This hurts profit margins and the discount of apparel also hurts its branding. Because more and more retailers are taking this approach, off-price retailers that sell excess inventories like Ross and TJ Maxx are expected to take a hit.
Although retailers are currently taking precautions against lower demand, recent metrics indicate that they should prepare for increased demand in the future. Globe St. reports that “Vaccine distribution, historically low interest rates and pent-up consumer demand will all create a perfect storm” for retailers. Given this, retailers need to prepare for this “perfect storm” of radically increasing consumer demand once pandemic related restrictions subside.
Although many would think that the medical industry would benefit financially from the COVID-19 pandemic, there are many sectors of the healthcare industry that have suffered because of it. This is mainly due to the fact that many consumers are choosing to avoid hospitals and medical offices for fear of contracting COVID. Globe St. reports that employment in the healthcare industry still remains below its pre-recession level and as of October, only 63% of healthcare jobs have been recovered.
However, the healthcare industry still has ample reasons for optimism. This is due to the fact that the 65+ year old age group is going to rise dramatically in the next coming years. Cushman & Wakefield predicts that over the next 10 years, this age group will increase at a rate faster than ever in history. This demographic shift is predicted to create a massive spike in demand for health care services. This, coupled with the fact that The Centers for Medicare and Medicaid Services predicts healthcare spending will increase to $268 billion per year by 2027, the healthcare industry remains promising.


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Rare Apple employee-only sneakers, featuring the iconic rainbow logo and chunky design from the ’90s, are up for grabs at auction for an astonishing $50,000.
Limited supply of Apple Computer sneakers, especially the wearable ones, makes them highly valuable in the market.
So, when a fresh pair emerges, you can bet they’ll fetch a hefty price.
Forget about Steve Jobs’ worn-out Birkenstocks. This time, we’re talking about something even cooler – a pristine pair of Apple-branded sneakers in mint condition.
Rare Apple Gems
Sotheby’s is auctioning these rare gems, which were a collaboration between Apple and Omega Sports, a sporting goods retailer that recently closed its doors.
Back in the mid-90s, these kicks were exclusively designed for Apple employees as a special giveaway during a National Sales Conference.
Sadly, they were never released to the public.
Imagine rocking a pair of retro-size 10.5s – all white with a chunky, air-assisted sole adorned with Apple’s iconic rainbow logo.
You may remember this old-school design from 1977, which Apple retired in 1998.
Now, how much would you pay for such a treasure? Well, they come with a cool $50,000 price tag.
Yes, it’s quite a hefty sum, but remember how much Steve Jobs’ old Birkenstocks were auctioned for?
Oh, and let’s not forget the sky-high prices of those first-generation iPhones.
These nostalgic sneakers boast chunky elevated soles, sleek white lacing, and to add some spice, there’s even an extra pair of red laces included in the box.
Made of a delightful combination of leather, breathable cotton, and rubber, these ultra-rare kicks are sure to make anyone’s heart skip a beat.
In case you didn’t know, Apple once ventured into the world of clothing.
Back in 1986, they launched “The Apple Collection,” offering branded apparel and accessories.
Let’s just say, the styles were a bit goofy-looking, and it didn’t exactly become a fashion sensation.
Since then, Apple seems to have stuck to what it knows best – revolutionary tech.
But hey, they definitely scored big with their employee-only sneakers, especially with the current trend of vintage-looking kicks in the fashion world.
Head over to Sotheby’s website to get a closer glimpse of the sneakers that are over two decades old.
If you’re lucky enough to own these rare Apple-branded sneakers, you’ve got yourself a true fashion statement and a piece of tech history!
Banner photo via Sotheby’s official website.


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COOPERS boss Glenn Cooper has taken up the fight for farmers, demanding supermarkets devote dedicated aisles to Australian-made food to make it easier for consumers to buy local.
The chairman of Australia's biggest independent brewer wants laws to compel supermarkets to set aside a minimum quota of floor space for Australian-made food, which would help the nation's farmers survive in the face of cheap imports.
"It's not realistic for busy shoppers to read every label to see its country of origin before you put it in your trolley," Mr Cooper told The Sunday Times.
"So I think they (supermarkets) should be forced to have a certain amount of locally grown content and that it should appear in a clearly defined area designated for Australian-made products only.
"That may mean two milk areas, two butter areas, but at least customers, when they choose something from that designated area, know they are buying Australian-made products."
Mr Cooper, speaking in his role as deputy chairman of the Australian Made, Australian Grown campaign group, was confident his plan would not drive up shopping bills.
"Say, for example, it was 30-odd per cent, well, supermarkets may already have that level of Australian content of food as part of their normal stock but it's just not clearly defined as an area," he said.
"Hopefully, enough people will get behind it to give some sort of leg-up to our farmers who are, in many areas, being clobbered by imports."
Mr Cooper said he wasn't afraid to advocate for some level of protection for local industries.
"What's wrong with protecting our own industry to a certain degree?" he said.
"I don't see anything wrong with that and most people would support it, too, but our politicians for some reason don't want to. There is protectionism in place all over the world."
Presently there is nothing to compel supermarkets to stock a certain amount of Australian-made produce.
Ingrid Just, spokeswoman for consumer watchdog Choice, said the organisation supported providing clearer information to help shoppers choose Australian products.
"Consumers would like where possible to choose Australian products to support local growers," Ms Just said.
"However, our stance is to argue for clearer country-of-origin labels on the products themselves.
"Consumers are certainly keen to understand where there food is from and it is important for that to be clearly on the label."


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OCBC Bank Singapore – Personal Banking – includes accounts, loans, credit cards, debit cards, insurance, investments and more.
Internet hackers have found a new home from which to spread online mayhem , and it’s not where you might expect. According to a new report from cloud computing provider Akamai, Indonesia became. is trying to steal the bank’s.
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SINGAPORE — DBS has ended its bid for PT Bank Danamon in Indonesia, after the proposed transaction languished for over a year waiting for approval from Indonesia’s financial regulators. While this is a setback to DBS’ ambition to.
Among the actives, XL Axiata tumbled 3.57 percent, while Lotte Chemical skidded 2.00 percent, Bank MNC Internasional dropped 1.96 percent, Bank Pan Indonesia climbed 1.40. after Trump once again attacked the online retail giant on.
In December, Kaskus had a change of leadership with new CEO Sukan Makmuri – who once held the position of VP for the internet banking technology. from Ratri Adityarani’s “8 popular online shopping sites in Indonesia”.
Aug 24, 2017 · If the economy were growing at 5% or so, as that of Indonesia is, then we wouldn’t be expecting the central bank to cut interest rates in an attempt to boost the growth rate. But that is what Bank Indonesia has just done–the trick here being that Indonesia is a developing nation and should thus.
ANZ Indonesia plays an essential role in the Bank’s Institutional Banking strategy, leveraging our global connections and deep local insights to support our.
Indonesia’s central bank has issued a regulation. but possible regulation of exchanges for them was something that the central bank “continues to look into”. Bitcoin.co.id, a local online cryptocurrency exchange, on its website said that at.
This page summarizes Doing Business data for Indonesia. It includes rankings, data for key regulations and comparisons with other economies.
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Looking for the cheapest way to transfer money to Indonesia?. Telecommunication more effiecient and secure system for inter bank communications and.
Other lenders joining the digital wave include private lender BTPN, which spent 1.3 trillion rupiah (S$131 million) on developing a digital platform, dubbed Jenius, over the past three years, while DBS Indonesia. online taxis," Asian.
So Bitcoin can be treated as a commodity, same as gold,” he added. Read Also: Oh no, digital crypto currency Bitcoin gets banned in Thailand The post Bank Indonesia declares Bitcoin as illegal currency appeared first on E27.
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Amsterdam, November 4, 2014 – Gemalto (Euronext NL0000400653), the world leader in digital security, announces that its complete strong authentication solution has been selected by PT Bank Muamalat Indonesia Tbk (BMI) to enhance.
The modernization of the country’s payments infrastructure and the National Non-Cash Movement promoted by Bank Indonesia. and how companies in Indonesia are deploying these tools to meet customer needs. -Explores the.
Business banking. Rabobank Indonesia has a variety of loan products that. Own the flexibility to perform banking activities 24-hour a day through Rabo Online.
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In December 2016, the FSA issued a regulation on online peer-to-peer (P2P) lending, only one month after Bank Indonesia launched the operation of a special office for fintech. Such efforts, however, need to move beyond formal.
DBS Bank is a market leader in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund-raising. DBS bank is a leader in digital banking and are present in several markets including Singapore, India, Indonesia, Hong Kong, Taiwan and China.
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Indonesian police have arrested six women and one man accused of running an online gambling ring. which they can later exchange for money and have it transferred to their bank accounts by the site operator, the report stated. The.
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JAKARTA: Indonesia’s Minister of Finance Sri Mulyani Indrawati received the congratulations of Indonesian. According to data from the International Monetary Fund and the World Bank, at less than 11 percent, Indonesia has.
"Bank of China agreed to disburse more than US$1 billion during a recent meeting with us," Kardaya Warnika, deputy head of the Indonesian oil and gas executive board (BP Migas), was quoted as saying by Detikcom online news service.
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Dec 24, 2017 · Banking in Indonesia – Indonesia Forum. Asia ;. It’s impossible, you need ktp to open an account in the local bank and a permanent address in Indonesia.
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Citibank Indonesia is a universal bank that offers a wide range of retail and commercial banking services. Citi has been present in Indonesia since 1968.
But about half of those people use mobile devices to go online, and those numbers are only growing. Some experts say the conditions for local entrepreneurs are the best in the world. Still, the World Bank currently ranks Indonesia one.


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The average time between the time a fashion nova ship is received and it is delivered is about 4 to 6 weeks.
That’s according to a report from an employee of the fashion industry. The report from the fashion industry employee was obtained by The Verge. The fashion industry employee reported that as of September 2012, no Nova Fashion Nova ships had been delivered to customers.
The fashion industry employee said that the last two ships were received by customers in May 2012 and in June 2012. He said that the last ship was received by customers in May 2012, and it was delivered back in May 2012. The company didn’t provide any details about the ship’s delivery status.
Given that the fashion industry is one of the fastest growing sectors of the economy, we can assume that the nova fashion Nova ships will come in shortly. That being said, it’s anyone’s guess as to when Nova will ship.
Fashion Nova is a small, independent designer studio that will ship its merchandise in small batches. The company also plans to do a “secret” shipment in 2012. This is the way the company has been doing business since its startup in 2011.
It’s been five years since Nova fashion first shipped its first fashion items (the first ships were made in 2011). It’s also been four years since the company’s CEO, David Gompert, started his career in the fashion business. In the four years since, Gompert has worked on other projects, including a big fashion show organized by an agency that he is part of.
The reason fashion nova is so successful is that the company has been able to find new ways to ship products, especially those made by other companies. Nova has a network of shipping companies that it uses to ship products to people’s home in Northern California. This is where its fashion items come from. The company has even set up a fashion show that will involve fashion designers from all over the world.
Not to mention this is a great example of the idea to build a fashion show, and the idea is to just take it out and make it happen. But as everyone knows, you can get any fashion item made in America (which is probably more than you can ship them out) out of a lot of companies. This is where we are at. And to make it happen, let’s take two fashion show episodes.
The first one was about fashion show. The second one was about clothing and accessories that have been donated to the fashion show. So, in the first fashion show episode, the fashion show has been going on for a while, and what’s interesting is that the designs of the clothes, accessories, and even the accessories themselves are all made by the same company.
The clothing and accessories made by the company that we have on the show are pretty good in the first series, however, they’re not from the same company, so you can’t say they were from the same company. The clothing made by the company that we have on the show is just as good as the clothing on the show.


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Ars Technica has the complete details, citing research from Russian anti-virus company Dr. Web.
According to their report, an unpatched portion of Java left Mac users prone to the Flashback Trojan, which can turn the device into a computer bot.
Dr. Web claims more than half a million Macs have been infected, several of which include devices based in Cupertino, Calif., the home of Apple.
Apple has since patched the Java flaw (hat tip to The Verge), but for those users concerned they may have an infected Mac, security firm F-Secure has details on how to diagnose and fix the problem.
The attacks on Mac computers don't come as a surprise to anti-virus firm McAfee, which warns users to stay vigilant by staying up to date on security software and Apple patches.
"Attackers are leveraging years of success from writing PC malware and they're doing the same thing in the Mac world," says Dave Marcus, director of advanced research and threat intelligence at McAfee Labs. "Cybercriminals will attack any operating system with valuable information, and as the popularity of Macs increase, so will attacks on the Mac platform."
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