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The government is confident of achieving its economic growth forecast of 4.0 per cent to 5.0 per cent for 2023 despite the global economic challenges and uncertainties, supported by strong economic fundamentals and implementation of Budget 2023 measures, said Prime Minister Datuk Seri Anwar Ibrahim.
He said the government would continue to prioritise addressing the daily economic challenges faced by Malaysians while focusing on reducing wastage and tackling corruption.
On the economic performance in the first quarter of 2023 (1Q 2023), Anwar who is also the Finance Minister said that it was underpinned by broad-based growth across all sectors especially services and manufacturing, which grew by 7.3 per cent and 3.2 per cent, respectively.
“The economic expansion was supported by sustained domestic demand reflecting confidence in the economy, given strong private expenditure and improvement in labour market conditions,” he said in a statement released by the Ministry of Finance Ministry (MoF) today.
According to Bank Negara Malaysia (BNM), Malaysia's economy recorded a better-than-expected expansion of 5.6 per cent in 1Q 2023 driven mainly by private sector expenditure.
Commenting further, the ministry said Malaysia’s economy expanded 5.6 per cent in 1Q 2023, comparing favourably with regional growth such as Indonesia (5.0 per cent), China (4.5 per cent) and Vietnam (3.3 per cent).
“The 1Q 2023 growth performance contributed strongly towards the achievement of the 2023 whole year forecast of 4.0 per cent to 5.0 per cent.”
It noted that the 1Q 2023 growth also exceeded the 4.8 per cent growth achieved in 1Q 2022, while on a quarter-on-quarter seasonally adjusted basis, the economy grew by 0.9 per cent in 1Q 2023 compared to the contraction of 1.7 per cent in 4Q 2022.
Meanwhile, it said the labour market continued to record a positive growth momentum in 1Q 2023, maintaining its full employment level with 3.5 per cent unemployment rate against 3.6 per cent in 4Q 2022.
“Inflation rate in 1Q 2023 moderated to 3.6 per cent compared to 3.9 per cent in 4Q 2022 due to, among others, the government’s continued implementation of price control measures and consumer subsidies.
“Domestic inflation continued to trend downwards to 3.4 per cent in March 2023, which is much lower than some advanced and regional countries such as the United Kingdom (10.1 per cent), the Philippines (7.6 per cent), Singapore (5.5 per cent), the United States (5.0 per cent) and Indonesia (5.0 per cent),” it said.
Nevertheless, quoting the recent global economic forecast by the International Monetary Fund and World Bank, MoF said Malaysia’s gross domestic product (GDP) growth is expected to moderate in 2023 due to slower external demand as a result of weakening global trade.
“Geopolitical tensions, elevated price pressures and tighter financial conditions will also continue to affect world economic outlook,” it said.
On the domestic front, the ministry added that extreme climate occurrences such as current heat wave phenomena and expected El Nino season starting in June are expected to weigh on economic activities to a certain extent, especially on the agriculture and construction sectors.
Source: BERNAMA News Agency


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There is much discussion on whether or not systems we are using now are virtual reality (VR) ready with its advanced graphics and heavy load on CPU, but it those worries can be put at ease with the constant new development of more efficient technologies. Today the Khronos Group released a new API, Vulkan, and NVIDIA users will be ready to use it cross-platform from the day of the launch.
Vulkan, ‘a new generation graphics and compute API that provides high-efficiency, cross-platform access to modern GPUs’, is impressing the big players in VR with its availability and readiness for VR. Oculus VR’s CTO, John Carmack, seemed more than happy with the new technology, saying: “We have been using NVIDIA hardware and drivers on both Windows and Android for Vulkan development, and the reductions in CPU overhead have been impressive”.
It is also anticipated that already immersive POV videogames such as The Talos Principle, published by Devolver Games, will be playable instantly. Jon Peddie, President of Jon Peddie Research, commented in the press release that “To be able to play a game like The Talos Principle on the same day an API launches, is an unheard of achievement”.
The API will be ready for gamers using GeForce, and those using Quadro and Tegra, available on Windows, Linux and Android platforms.
For all the latest news and updates in VR, check back with VRFocus.

domain: news


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vivo, a leading global smartphone brand, today announced that it is offering dedicated services and discounts exclusively on ‘vivo Service Day 2021’, on 21st December. On this day, vivo customers can avail special offers and free services on smartphones and accessories at authorized vivo service centers.
vivo is focused on their customer’s satisfaction, and with this initiative, the brand is strengthening its customer service base and offerings in the country. Customers can avail 10% discount on all accessories purchased at authorized vivo Service Centres on ‘vivo Service Day 2021’. Customers can also opt for an array of free services including free detection, free cleaning, free system recovery & upgrade, free protective film applying at zero labour cost.
On this exciting news, Alison Jin, Director of vivo Sri Lanka, said, “As a consumer-centric brand, customer experience is at the core of everything we do. Our priority is to provide services and experiences that meet the growing demand of the users. Today, we are thrilled to announce the ‘vivo Service Day’ in Sri Lanka which will strengthen the relationship and trust between vivo and its consumers. We hope to continue to deepen our consumer connect and provide convenient services to vivo customers in the future.”
Recently, vivo also announced that it is offering their customers with a gaming program at their vivo service centers in Sri Lanka to keep customers entertained while their repairs and services are underway. Customers can choose from a wide array of games, handheld toys and fun activities to participate upon entering the vivo service centers, till their devices are restored or upgraded with free services to their original glory by vivo’s expert technicians.
It’s important to note that vivo is abiding by the COVID-19 health regulations, with precautions and safety measures implemented at all of their service centers.
Alison Jin added, “vivo understands that waiting at service centers can be a tedious task. We thus launched the new program to leave no stone unturned in making the lives of our customers easier.”
vivo has two service centers in Sri Lanka, in Colombo and Galle. For more information on vivo Service Day 2021, please visit vivo’s Official Website or write to them on [email protected] or call at 0112029184.


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Murray will take charge of the two brands as the company begins a 10-year global revenue drive to treble sales from healthier brands, including Quaker and Tropicana.
He replaces David Johnston, who left the business to become CEO of Groupe Aeroplan-Europe in January, and will report to PepsiCo UK and Ireland president Richard Evans.
Evans said the two brands were integral to the group's healthier focus.
"David possesses outstanding leadership skills, commercial acumen and cross-functional knowledge. He is well positioned to drive forward the brands in the UK," he said.
A variety of health-focused products were due to hit the market within the next two to three years, PepsiCo said. There would be an increased investment in research and development to boost healthier credentials, it added.
Murray said the opportunity to head up the brands at a time when consumers were increasingly interested in health was exciting.
"In spite of difficult market conditions in the past year, Tropicana has continued to perform strongly," he added.
"With consumer confidence becoming more buoyant, we see great opportunities for further growth, which we aim to unlock through NPD and marketing campaigns."
In the year to October, Tropicana's sales slipped 4.2% to £270m, although that performance was better than the overall 6.6% decline in the juice and smoothies market [Nielsen 52w/e 3 October 2009]. While concentrates overall are still in decline, not-from-concentrate is now making small gains and the freshly squeezed segment is outpacing the category.
Murray joined the business in 1995, working up from business planning manager to general manager for its concentrate business in Ireland, India, Pakistan and Puerto Rico. He then took responsibility for the UK's total manufacturing function from 2008, overseeing eight sites.


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New ANA short announced
All Nippon Airways (ANA) has announced a new short film, 「ピカチュウたんけんクラブ」 Pikachu Exploration Club, that will be screened on domestic Japanese flights Aug. 1-29, according to Pokeani.
Information and screenshots from the film have since been removed from the ANA Web site.
Last year's short film, 「ピカチュウのわんぱくアイランド」 Pikachu's Island of Mischief, will be released on DVD in Japan on June 22. It was included on the North American DVD release of Pokémon Ranger and the Temple of the Sea.
A Japanese summary of the film's premise can be found at Pokeani.


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Guest Lecture - Mr. Manvendra Khati Director Retail E&Y
Mr.ManvendraKhati, Director Retail E&Y, visited the college campus as a guest lecturer on 10th February 2020. He delivered a lecture on Retail Marketing and E-Tailing and briefed students that India's retail sector is currently experiencing exponential growth. He discussed some of the factors like healthy economic growth, changing demographic profile, changing consumer tastes, and preferences have become driving forces for the growth of the Industry.
The marketing club of PGDM marketing has organised this event under the supervision of Dr.Shruti Gupta. She presented him shawl and memento as a token of appreciation on behalf of the Asia pacific institute of management and students.


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A pair of better-than-expected earnings reports in the financials sector was balanced against mediocre gains in retail sales and comments from Fed Chair Janet Yellen about stretched valuations in certain corners of the markets. The major indexes ended the day mixed.
Helped by its financials components, the Dow gained 5 points, with 14 of its 30 components advancing; the S&P 500 Index lost 3; and the Nasdaq was the index most affected by Yellen’s valuation comments, closing lower by 24. Decliners led advancers by just under two to one on the NYSE and five to two on the Nasdaq. The prices of Treasuries were mixed, with the 30-year strengthening and the 10-year flat. Gold futures dropped $9.60 to close at $1,297.10 an ounce, and the price of crude oil lost 95 cents to settle at $99.96 a barrel, the lowest in two months.
In Earnings News:
- JPMorgan Chase & Co.’s second-quarter profit dropped 8% to $6 billion, or $1.46 a share, while revenue fell 3% to $24.45 billion. The decline was due to lower trading revenue, which fell 14% (a less severe drop than the 20% decline the bank had previously forecast), and a 66% decline in mortgage originations compared with a year ago. Its shares (JPM) gained 3.52%.
- Profit at Goldman Sachs was up 5% on stronger-than-expected investment banking revenue, which rose 15% from the prior year. Net income was $2 billion, or $4.10 a share, on net revenue of $9.1 billion, up from $8.6 billion in the year-ago quarter. Net trading revenue fell from $2.4 billion to $2.2 billion. Goldman’s shares (GS) gained 1.30%.
In Other Business News:
- Retail sales rose 0.2% in June, down from a 0.5% pace the month before, according to the Commerce Department. It was the slowest pace in five months, although the slowdown wasn’t broad-based, centering around auto sales and home improvement sales. Excluding auto sales, retail sales rose 0.4%. Year over year, sales were 4.3% higher.
- In congressional testimony today, Federal Reserve Chair Janet Yellen said that there were signs of bubbles in some asset classes—including high-yield bonds and some tech companies, according to a Fed report released along with her testimony. However, according to the Fed report, valuations in much of the rest of the market were “not far above their historical averages.” Yellen said the Fed would likely stay on its current course of ending its bond-buying program in October and waiting until 2015 to begin raising interest rates, as inflation was still too low, long-term unemployment still too high, and the housing market is showing signs of slowing.
- Reynolds American Inc., maker of Camel brand cigarettes, will buy Lorillard Inc. in a $25 billion cash-and-stock deal that will create the second-largest tobacco firm. Lorillard owns the Newport brand, among others. The combined company will be closer in size to U.S.-industry leader Altria, which makes Marlboro. Reynolds’ shares (RAI) dropped 6.87% and Lorillard’s (LO) sank 10.49% on concerns about antitrust obstacles and a possible Food and Drug Administration action against menthol cigarettes, the overwhelming majority of Lorillard’s business.
- Manufacturing activity in the New York area significantly picked up its pace in July. The Federal Reserve Bank of New York’s Empire State Manufacturing Survey rose from 19.3 in June to 25.6 in July; a reading above zero indicates expansion. The shipments and prices-paid components improved significantly, while expectations for six months out cooled from an elevated 39.8 to 28.5.
We may have reached peak crowdsourcing. Zack “Danger” Brown from Ohio started a Kickstarter fundraising campaign so he could make some potato salad. He wanted to raise about $10, as it was his first time trying to make the apparently complicated dish. It turns out the internet really, really wanted this guy to make some potato salad, so thousands of backers funded his campaign to the tune of $50,000 (and growing).
The potato salad project is a perfect illustration of modern economics and thus could serve as the introductory chapter for all future Economics 101 textbooks.
Competition: First, no sooner had Brown’s project shown a degree of success than a slew of potato salad crowdsourcing copycats cropped up to compete with Brown. There were some variations. One person’s Kickstarter wanted funding to eat potato salad, offering as an introductory reward the fact that he will “inaudibly whisper your first name during the consumption of the potato salad.” The project was successfully funded with $45 in donations, but it sadly pales in comparison with $50,000 to make potato salad. Still, the potato-salad-making industry would be nothing without the potato-salad-eating industry, a classic example of the forward progress of one bold industry carving out room for others in its wake.
Barriers to entry: Another person tried to horn in on the action but with a twist—they offered to make macaroni salad instead. However, as is often the case in economics, the barriers to entry in this cutthroat game are high, and the macaroni project founders estimated they would need a ridiculously high $25 for successful completion of the project. Obviously, they couldn’t count on the price efficiencies available to the more established players like Zack “Danger” Brown, making their entire project seem like a long shot and scaring off backers. They’ve raised only $10 so far, or 40% of what they need.
Taxes: And finally, all revenue-generating projects need to keep a close eye on their tax obligations. According to Kickstarter, all donations to Kickstarter projects are considered income for U.S. citizens. The nonprofit Tax Foundation ran the numbers (at the time assuming he made $70,000; about $20,000 of fake donations have since been removed), and estimated that, as a single filer in Ohio, Brown would owe $21,000 or so in state, local, federal, and payroll taxes, assuming he makes it to $70,000 over the next few weeks.
One way project creators can reduce the tax burden, according to Kickstarter, is to “offset the income from their Kickstarter project with deductible expenses that are related to the project and accounted for in the same tax year.” We here at Daily Advantage are not tax professionals, however, so please consult a tax attorney for the implications of crowdsourcing your next Reuben sandwich.


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The increase in seasonal workers visas is a step forward and will be a relief for growers struggling to find a skilled workforce, the NFU says.
Earlier this week, the government unveiled 45,000 new visas for seasonal workers for 2023 as the sector continues to struggle with labour shortages.
Defra said the Seasonal Agricultural Worker (SAW) visa expansion would allow horticultural businesses to recruit foreign workers to come to the UK for up to six months.
This is an uplift of 15,000 compared to what was available to farming businesses at the start of this year.
Defra said this number would be kept under review with the potential to increase by a further 10,000 if necessary.
The first 4,000 visas will be made available to operators next week, the department added.
Labour shortages are affecting countries around the world, but the UK food and farming sector - heavily reliant on migrant labour - warns that it is suffering as a consequence of Brexit and the pandemic.
Soaring energy and fertiliser costs have only added to the pressure, which resulted in £60m of fruit and vegetables being wasted in the UK in the first half of 2022 alone.
The NFU said the increase in visas was a 'positive step forward' for the sector so it could continue producing the nation’s fruit, vegetables and ornamentals.
However, for some growers, the union warned this announcement would have come 'too late', with some already having made the difficult decision to reduce production in the coming season.
NFU deputy president Tom Bradshaw said the situation would be closely monitored this season: "We expect the coming 2023 season to be equally challenging.
"Given the significant pressure growers are currently under, it’s important that any decision to release the further 10,000 visas is timely and made ahead of the peak season.
“Earlier this year, the government’s food strategy reflected the sector’s ambitions to increase the amount of fruit and veg grown on home soil. To see this ambition realised, growers need longer term certainty.
“The NFU will continue to ask for a minimum of a five-year rolling SAW scheme to give growers the confidence to invest in their businesses, and boost Britain’s production of fruit and vegetables.”


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November 27, 2018 09:08
Updated November 27, 2018 09:11 AM
General Motors (GM) has announced the closure of seven mills worldwide as part of a restructuring plan.
The automaker said in a statement that it will close two automakers in the United States and one in Canada, as well as two other unidentified plants in other countries.
GM added that it will also close two US engine plants.
The five North American plants affected by the announcement (Oshawa, Detroit-Hamtramck, Lordstown, the assembly of three vehicles and Baltimore and Warren, which produce engines and transmissions) employ about 14,500 people.
The company did not specify in its statement the number of workers who will lose their jobs, but pointed out that "actions are being taken to reduce" the workforce by 15%, a percentage that includes "25% fewer executives to expedite decision making ". "
The company indicated that these measures are part of a process of "transformation for the future" and "reorganization" of its global team to "align its production capacity."
According to GM, the closures will save about $ 6 billion.
In addition to these plants, GM said that by the end of 2019 production will cease in two others located outside North America, without giving more details, although it does so soon.
These seven closures are added to the already announced Gunsan assembly plant in South Korea.
"The actions we are taking today continue to be very agile, resilient and profitable, while giving us the flexibility to invest in the future," said GM president and CEO Mary Barra.
"We recognize the need to be ahead of changes in market conditions and consumer preferences so that our company is in a position to succeed in the long run," added Barra.


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"We are laying off about 70 percent of our staff," says a local restaurant owner in the wake of LA County...Read more
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text: AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl eventChung emerged from the Supreme Prosecutors’ Office in Seoul after his arrest, before being taken by car to the Seoul Detention Center, just outside the city. He made no comment. Vice Chairman and Chief Executive Kim Dong-jin was assuming full responsibility and operational control for Hyundai Motor, “a duty he shared with Chairman Chung Mong-koo,” company spokesman Oles Gadacz said after the arrest warrant was issued. “All local and overseas manufacturing, sales, marketing and R&D (research and development) operations are unaffected by today’s development, and will continue normal operations,” he said. Hyundai has delayed its first-quarter earnings announcement as well as a formal signing ceremony for the Czech plant as a result of the probe, while Kia has delayed a groundbreaking ceremony for its U.S. plant. Auto industry analysts in recent days have said that while Hyundai could suffer some short-term distractions because of the investigation, the long-term impact was unlikely to be large given the company’s strong sales. Seoul District Court Judge Lee Jong-seok said he had decided to issue the warrant after deliberating all day Friday because of the “heavy” nature of the allegations. Under South Korean law, prosecutors can detain suspects for up to 20 days after arrest before their indictment. “The suspect is denying most of the charges and it is feared he could destroy evidence,” Lee said. Prosecutors said they would continue to investigate Kia President Chung Eui-sun, Chung’s only son, but did not plan to seek his detention.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! SEOUL, South Korea – The chairman of Hyundai Motor Co. was arrested and jailed Friday in an embezzlement and slush fund scandal engulfing South Korea’s largest automaker. Chairman Chung Mong-koo’s arrest came as Hyundai and its affiliate Kia Motors Corp. are aggressively expanding operations to achieve their goal of becoming the world’s sixth-largest automaker by 2010. Hyundai said it had put a top executive in charge and all operations were proceeding normally. Chung, 68, was accused of embezzling about $106 million in company money to create the slush fund, and of breach of trust for allegedly incurring about $320 million in damages to the company, prosecutors said. The investigation, which began last month, has highlighted concerns about transparency at South Korea’s ubiquitous family-run industrial conglomerates, or chaebol, known for scandals and lax corporate governance.


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The Association of Southeast Asian Nations (Asean) is a huge market for Pakistan and the business community should focus on promoting trade with it to achieve productive outcomes, said Indonesian Ambassador to Pakistan Adam Mulawarman Tugio.
During his visit to the Islamabad Chamber of Commerce and Industry (ICCI) on Friday, the envoy highlighted that trade between China and Asean member states stood at around $600 billion.
“On the other hand, bilateral trade between Pakistan and Asean amounts to a mere $6 billion,” he lamented.
He stated that Pakistan’s close cooperation with Indonesia could provide Islamabad easy access to the untapped Asean economies.
“Pakistan and Indonesia have many similarities, which should be harnessed to gain mutual economic benefits,” the envoy said.
He urged the two countries to promote bilateral trade and cooperation in areas where they had comparative advantages.
“Information technology, e-commerce and tourism are promising areas for bilateral cooperation between the two countries,” he noted.
The envoy underlined the need for encouraging joint ventures between private sectors of both countries and holding trade fairs on a reciprocal basis.
The envoy informed meeting participants that due to Covid-19 Indonesia was organising a virtual expo and encouraged the business community to take part in the fair for creating business linkages.
“Pakistani universities should come up with study papers on the economic potential of Asean member countries to educate students and the business community, which will be helpful in improving trade,” he suggested.
On the occasion, ICCI President Sardar Yasir Ilyas Khan said that Indonesia and Pakistan, with a combined population of almost half a billion, were huge markets with immense potential for trade, investment and economic cooperation.
Trade volume between the two countries was just over $2.5 billion, which was far below the actual potential, he lamented.
Published in The Express Tribune, September 18th, 2021.
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Artsy Fartsy hosts a booksigning Saturday, June 10 from 11 a.m. to 2 p.m.
Way back in 2012, when the economy was still emerging from a rough patch, Cafe at Adele's underwent a redesign and menu change in order to create greater community accessability.
The revamp featured art provided by Artsy Fartsy Art Gallery, adding to a more approachable abience, provided an informal gallery that showcased and supported area artists and "we even sold some art," said Chef Charlie Abowd, who co-owned the restaurant with his wife, Karen.
What began as a business partnership has grown into far more through the past 12 years. In the latest collaboration, Artsy Fartsy hosts a booksigning Saturday, June 10 from 11 a.m. to 2 p.m., for Abowd and his newly released "Recipes and Rambles That Made Adele's a Nevada Hot Spot."
Books can be purchased at the event and those who ordered online are invited to bring their copies for Abowd to sign.
"Wait a minute before we go any further, " said Jefferey Pace, gallery owner. "Charlie and Karen have this story about how we (Pace and his husband, Gabriel Aguayo) did something so important in helping the restaurant as they went in this new direction.
"What really happened, is these two wonderful people took a chance on a couple of little homos, and because they embraced us, we moved from selling art out of a garage to buying and opening the gallery and now owning the entire block.
"It all happened because they believed in us and the community followed their lead," Pace said.
The condition was that Karen would come to the gallery each month and select specific pieces, "so I could get used to her taste and learn what she wanted to see in the restaurant," Pace said, laughing. "She came to the gallery once, and after that she let me choose."
As time moved on, busines became friendship became an abiding love and respect, birthing a tradition that Pace wouldn't close the gallery on Christmas Eve until Charlie, after closing the restaurant, had come to pick up last minutes gifts.
Pace and Aguayo have also long supported The Greenhouse Project, founded by Karen, providing sponsorships and auction items each year. Last year's offering was a shopping spree at the gallery and, according to Pace, will be an even more spectacular retail therapy session this year.
"Charlie and Karen have always been generous in giving back to the community, and they inspired us to do the same," Pace said. "This community has given us so much and thanks to their generosity, Gabe and I have been able to give $900,000 so far to various organizations with no plans to stop.
"We look forward to hosting Charlie and the community in the garden."
Artsy Fartsy Art Gallery showcases original, one-of-a-kind works by Northern Nevada artists and is located at 405 N. Nevada St., Carson City. Visit artsyfartsyartgallery.com or call 775-885-ARTS (2787).


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AT&T Samsung Galaxy Note II will get Multi-Window update today
AT&T is the last of the four major US carriers that will bring Multi-Window feature to its Samsung Galaxy Note II customers.
The carrier in a statement to Engadget announced that the update will start to roll out today, December 27th.
AT&T plans to begin rolling out a software update for Samsung Galaxy Note II customers that includes the Multi-Window feature, which allows the user to divide the screen into two active "windows" creating a split screen that enables fluid multitasking between applications. The update will be available for download over the air beginning Dec. 27.
The Multi-Window update is small and will be pushed via OTA. It will bring another great multitasking feature which allows the Galaxy Note II users to split the screen and run and view two applications at the same time.


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Update - Tue 17th Dec, 2019 01:45 GMT: Isabelle has officially passed on the Pocket Camp duties to Lloid the gyroid. As of today, he'll be covering all of the updates tied to the mobile game. This clears up the main Animal Crossing Twitter account, which hopefully means we'll get some New Horizon updates as we get closer to the game's release next March.
Original Story - Thu 21st Nov, 2019 05:45 GMT: If you thought Animal Crossing: Pocket Camp on mobile might be wrapping up with the new game on the horizon, think again. To mark the game's second anniversary, last weekend Nintendo announced a new paid membership service.
Now, in another surprising move, Nintendo is starting up a standalone Pocket Camp Twitter account (@Pocket_Camp) in English. Lloid the gyroid will now be providing updates on the game instead of Isabelle, and from next month onwards, the Pocket Camp Twitter will be the go-to source for all updates relevant to your mobile campsite.
It seems as if Nintendo wants to clear up the main account (@animalcrossing), so it can focus on Animal Crossing: New Horizons when it releases on Switch next March. Isabelle has also reassured fans that she's "not going anywhere" which is great to hear.
How do you feel about Pocket Camp no longer being featured on the main Animal Crossing Twitter account? Tell us below.


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Fendi debuts an ode to Delfina Delettrez Fendi with an archival-inspired Autumn/Winter 2023 collection.
From Magliano, Simon Cracker and Corneliani: here's the names who made a big impact at Milan Men's Fashion Week.
Kicking off its 70-day-long 70th Anniversary celebrations, luxury fashion house Moncler takes to Milan Fashion Week.
Italian fashion house, FENDI, led by Kim Jones, looks to the past to inform the codes of the future in their SS23 collection.
Giorgio Armani collaborate with Magnum Photos to create their new Colours, Places, Faces exhibition for Milan Fashion Week.
From Milan Fashion Week to the best dressed of the SAG Awards, here is this week’s Looks of the Week.
Kim Jones rummages through the Fendi archives to deliver a delicate-yet-rigid AW22 collection.
Kim Jones is inviting the women of the world to party as he looks to the glitz of the disco-age for his joyous Fendi SS22 collection.
With striking silhouettes inspired by traditional outfits of Mongolian Women, Sara Wong talks launching her namesake brand at Milan Fashion Week.
Inside a world of illusions where Italian luxury brand Furla showcased their brand new 1927 bag for Milan Fashion Week.
Car Shoe: The Making Of
Italian heritage brand Car Shoe takes it back to basics in their new video showing how their iconic moccasins are hand-crafted.
GIORGIO ARMANI MENS AW14
For AW14 Giorgio Armani is evolving the traditional Armani silhouette; more athletic, more form fitting, less rigid and more agile.
Milan Fashion Week: Dsquared2 Men’s SS14
The Dsquared2 SS14 Men’s show imagines James Dean stranded on a tropical island – in tiny pants.


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Roland Krüger gets testy when anybody suggests that the product pipeline isn't humming right now at Infiniti.
"We're doing everything we've said we would," Krüger, president of Infiniti Motor Co., assured Automotive News last week during the Paris auto show. "We have some big things coming."
To the naked eye, at least, the premium brand has been in rebuilding mode of late. At a time when the market can't seem to get enough crossovers, Infiniti dropped its QX70 crossover last year. And while the industry is abuzz over electrification, Infiniti has discontinued its hybrid offerings.
And some watchers are asking why Infiniti never went ahead with the showstopping 550-hp Q50 Eau Rouge halo concept it unveiled four years ago, before Krüger replaced Johan de Nysschen as president.


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Every year Olbrich Botanical Gardens treats Madison to a cheerful spring celebration even if it doesn’t feel like spring outside. The atrium is transformed into a themed paradise during the month of March. Last year guests stepped into a world of bouquets and banquets with hints of vintage flourish and woodland fantasy. This year they will be transported under the sea with help from Olbrich’s team of creative horticulturalists.
“(The horticulturalists) have been weaving fish out of palm fronds,” said Katy Plantenberg, Olbrich’s public relations and marketing manager. “It’s incredible what this show will be like, we’re super excited about it.”
Olbrich’s artistic team also created a sunken ship element as well as a topiary-esque mermaid made up of shaped chicken wire and plants.
Bromeliads will be plentiful for this year’s flower show thanks to the Chicago Botanic Garden. Last year they hosted an event with a Brazilian theme and had a surplus of the tropical plant which led to a large donation of bromeliads to Olbrich.
Plantenberg said Olbrich is so grateful to the Chicago Botanic Garden for their generous donation.
She believes that bromeliads have never been featured in the Spring Garden Show before, which makes their inclusion this year even more special.
In all, the Spring Flower Show takes about three weeks to fully set up with the horticulturalists working on the event all day in the weeks leading up to the event, according to Plantenberg.
“The atrium goes from a blank room to an indoor landscape,” Plantenberg said. “...It’s spring even if it’s winter outside. With colors and scents anyone of any age can enjoy that.”
As in other years there will be a guide for visitors to follow along with the plant life. The guides have been popular among children and adults alike. Some families use the guide as a matching tool to further engage their children.
There are always surprises in store with the flower show, even to the staff of Olbrich.
According to Plantenberg, as preparations commence the horticulturalists stumble upon more and more ideas.
“There are things that are a surprise even to them as they put it together,” she said. “Ideas keep flowing and things come together at the last minute that they weren’t anticipating. It’s cool to see the final display.”
From urchins, turtles and other sea life, there’s a lot to love for visitors of all ages.
Children two and under get into the event for free while ages 3 to 12 are $3 and those over 13, and adults, are $5. Admission is free for Olbrich Botanical Society members.
Society members also get a sneak peak of the Spring Flower show from 8 a.m. to 10 a.m. on Saturday before the event is open to the public. They will also receive 20 percent off any purchases made at Olbrich’s gift shop from 8 a.m. to 4 p.m.
The show opens to the public at 10 a.m. Saturday and runs through March 25.
Following the Spring Flower Show, on March 26, Olbrich will host its Spring Flower Show Plant Sale. Starting at noon, visitors are invited to purchase flowers featured in the show. Azaleas, daffodils, daisies, cyclamen, hyacinths, tulips and many more varieties of plants will be available for sale while supplies last.


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Since Steve and I can’t cover everything, occasionally we’ll direct your attention to articles from various other sources worth your time.
° Apple has told Australia’s competition watchdog that it’s “surprised” to hear that some developers have concerns over the App Store and the process in which apps are reviewed, rejected, or approved for distribution on the platform, according to MacRumors.
° In a note to clients — as noted by AppleInsider — Webbush analysts say the iPhone 12 is enjoying high demand and equally high production levels, and the “iPhone 13” could arrive in October.
° Rep. David Cicilline (D-R.I.), the Democrat overseeing antitrust legislation, wants to hit Big Tech — including Apple — “with the legislative equivalent of a swarm of drones rather than a single, hulking battleship that would be simpler to defeat,” according to Axios.
° The Elec reports that Samsung Display will convert its OLED line dedicated to its largest customer Apple into one that makes low-temperature polycrystalline oxide (LTPO) thin-film transistor (TFT) within the first half of 2021, according to market research firm UBI Research.
° Sacremento, California: Patricia Castaneda, 37, of San Carlos, pleaded guilty today to federal program theft, and in a separate case, her brother Eric Castaneda, 36, of Redwood City, pleaded guilty to conspiracy to transport stolen property interstate. Said property included over $4 million worth of Mac laptops stolen from a private university in Stanford.
° Singer-songwriter Billie Eilish sat down to answer questions about her Apple TV+ documentary, “The World’s a Little Blurry,” in a short YouTube video.
° elago has joined UNIVERSTAR and released the BT21 collection of iPhone, AirPod, AirPod Pro, and Apple Watch accessories.


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New Roads is bringing the holiday cheer to shoppers with its annual Market at the Mill.
On Nov. 20-22, guests can one-stop shop vendors and companies from all around the South. The event will include a variety of vendors selling clothing, food, artwork, crafts, woodworkings, pottery, antiques, jewelry and more.
Courtesy of Market at the Mill
“We anticipate Holiday Market at the Mill to be a boost to our local economy and small businesses,” said Mayor Dukes. “I hope this year’s event gives small businesses the opportunity to reenergize during the holiday season after such hardship during the pandemic.”
Organizers are committed to providing a clean and safe shopping experience. With around 50,000 sq ft. of space, The Mill will offer plenty of room for social distancing. Face masks are strongly encouraged and sanitizing stations will be set up in different areas.
- Friday, Nov. 20, 10 a.m. – 5 p.m.
- Saturday, Nov. 21, 10 a.m. – 5 p.m.
- Sunday, Nov. 22. 11 a.m. – 4 p.m.
The Holiday Market entry fee is $5 for one day general admission and $10 for weekend passes. Tickets can be purchased online or at the door. The Mill is located three blocks north of Main Street at 311 Mill Street.


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About a week ago, I wrote about how Purple Innovation Inc. is building a plant near Atlanta to make its urethane-based foam mattresses.
Now one of its competitors, China-based Healthcare Co. Ltd., which sells the Mlily-brand "memory foam" mattresses, announced it has leased nearly 650,000 square feet of manufacturing space near Phoenix for its second U.S. factory.
It expects to employ 300 in Arizona. The Phoenix site joins another Mlily plant in Winnsboro, S.C., that opened in late 2019.
It's a booming year for mattresses, with imports to the U.S. up 39 percent in the first six months of 2020 to 8.8 million mattresses, according to our sister publication Urethanes Technology International. Production of those mattresses has been shifting away from China to regions such as Vietnam, Malaysia and Cambodia in addition to new production in the U.S.
Purple Innovation, based in Lehi, Utah, said its sales climbed 54 percent in the first half of 2020.
Why all the growth? Most likely, the coronavirus pandemic. With travel plans canceled, people are staying home and putting their vacation dollars into items like decks, pools and beds instead.


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Grocery Store Update time! Please share what you see, don’t see out there. Special request for info on hand sanitizer from a lovely reader who volunteers at a local food bank.
Today is Friday, May 1st – which is also May Day or International Workers’ Day, a holiday commonly celebrated internationally as a day to commemorate the struggle to secure the 8-hour work day and other worker protections. As shared on multiple news outlets, many frontline workers at Whole Foods, Target and Amazon nationwide may be calling out or walking out of work as they demand safer working conditions, including hazard pay, sick leave, protective gear and cleaning supplies.


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- Ultra-processed foods contain ingredients you can’t find in the pantry. For example, additives are added to increase shelf life or to enhance flavour.
- These foods are also high in sugar, fat, and salt.
according to A new study published in BMJUltra-processed foods increase the risk of Crohn’s disease.
Only one serving a day is harmful
To reach these conclusions, the researchers recruited 116087 volunteers between the ages of 35 and 70 between 2003 and 2016. During 10 years of follow-up, 467 participants developed inflammatory bowel disease (IBD) (90 Crohn’s disease and ulcerative colitis 377). “After adjusting to potential confounders, higher consumption of ultra-processed foods was associated with higher risk of IBD.”Scientists report.
Just one serving of ultra-processed foods per day can increase your risk of IBD by 67%. A number that goes up to 82% if we eat it 5 times a day.
What are the most dangerous foods?
Various subgroups of ultra-processed foods including soft drinks, refined sugary foods, salty snacks and processed meats were associated with higher risk ratios for Crohn’s disease and ulcerative colitis. In contrast, consumption of white meat, red meat, dairy products, starch, fruits, vegetables, and legumes was not associated with a higher incidence of IBD.
“Further studies are needed to identify risk factors among processed foods that may be responsible for the associations observed in our study,” The research authors concluded.
“Subtly charming problem solver. Extreme tv enthusiast. Web scholar. Evil beer expert. Music nerd. Food junkie.”


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I expect April's nonfarms payroll report to be vastly improved over March's weather-affected results, but it won't hide the fact that not all is well in the U.S. economy.
"It's more related to innovation than the economy," V.F. Corp. (VFC) CEO Eric Wiseman told me on Friday afternoon. Fresh off another improving quarter of jeans sales in the U.S., which had been under pressure for most of last year as consumers favored yoga pants, Wiseman chose to pin the strengthening performance on the release of new products rather than a sizable tick up in the economy's health. V.F. Corp's Lee and Wrangler brands sell right into the heart of Middle America, often found on the racks of Macy's (M) and Wal-Mart (WMT). Certainly, one would have thought that armed with gas savings and a minimum wage hike, common U.S. households had the financial power, and mindset, to purchase several pairs of Wrangler jeans instead of a single pair. Alas, that didn't seem to be the case in the first quarter.
Then there is Newell Rubbermaid (NWL) and Coca-Cola (KO), two companies that also peddle seemingly affordable products to U.S. consumers. Rubbermaid CEO Michael Polk chalked up the company's solid first-quarter showing to pricing power on new products. Meanwhile, Coca-Cola CEO Muhtar Kent struck a non-committal tone on the health of the U.S. economy just days before Warren Buffett, a big Coca-Cola shareholder, voiced his typical upbeat view on the resilience of the economy at Berkshire Hathaway's (BRK.A, BRK.B) annual meeting over the weekend. "I would say that the (U.S.) outlook appears to be trending a little positive, raising hopes that potential ways growth and lower fuel prices could translate into consumer spending," said Kent on Coca-Cola's first-quarter earnings call.
As for what is causing this downbeat commentary, which I don't believe is all related to execs trying to temper Wall Street's expectations and then beat them three months later, it's truly anyone's guess. The April employment report due this Friday should be noticeably better than March's dismal reading, as weather has turned improved. Jobless claims at are 15-year lows. And, according to data from research firm Challenger Gray & Christmas, employment for 16 to 19 year olds is at the highest non-summer level since 2009. That suggests local businesses and larger corporations are relying on a consumer spending spree and economic re-acceleration this spring and summer.
But something still feels off, and the lingering effects of the recession (as seen in the latest round of earnings) are going to wreak havoc on how Federal Reserve Chair Janet Yellen implements policy directives into year's end. For example, the recovery has created some 700,000 mid-wage jobs and about 2 million low-wage jobs. During the recession, roughly 3.8 million mid-wage jobs were lost, while 1.4 million low wage jobs disappeared. So, yes, the recovery continues to offer up structural impediments to unlocking stronger growth, namely, tame rises in pre-tax income. Such impediments are being met with big-name companies beginning to raise prices on daily necessities (they are now willing to forego some volume), suggesting mid- to low-income America will continue to have to make difficult choices when venturing down the shopping aisles at Walmart or Target (TGT). Rough.
Chart of the Day: Dow Transports
Continuing with the narrative of something being awry in the economy, the U.S. dollar plumbed two-month lows against the euro Friday. But the Dow Jones Transportation Average continues to underperform the Dow Jones Industrial Average and S&P 500. Dollar weakness thus far in the second quarter should be making Wall Street more hopeful that guidance ranges at multinationals are eclipsed come July. All sorts of multinationals have assumed negative effects on net income because of currency volatility. The fact that transports haven't perked up is a little bothersome.
Source: Yahoo! Finance


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According to predictions, the year 2022 will witness yet another impressive growth to around 3 billion gamers. With that, the market size is going to be over $190 billion
With the sharp rise of digital gaming across the globe, amid the ongoing COVID-19 pandemic, fresher games have shown up in the business. Driven by a variety of genres, the Indian gaming sector is taking the lead and expanding its business.
According to predictions, the year 2022 will witness yet another impressive growth to around 3 billion gamers. With that, the market size is going to be over $190 billion.
“If we’ll see, coronavirus has contributed to this increase. People are spending more time at home and are looking for other ways to pass it. That’s why digital adventures have become a go-to place and a new hobby for many people,” said the Marketing Manager of OpenPlay Tech, Kishore Palakodeti.
The biggest segments in the gaming industry are mobile, console, and PC. They made 46 per cent, 31 per cent and 23 per cent of the gaming industry in 2020. These figures are expected to grow for mobile to 49 per cent in 2022, Palakodeti mentioned.
“In the last year, where many businesses and sectors were affected, these were interesting and exciting times for the gaming industry. People turned to online entertainment and gaming and the demand for good content increased. And we saw a hike in international game developers and publishers coming to India to work with Indian companies, this trend will continue in 2022,” said the CEO and Co-founder, Lakshya, Manvendra Shukul.
While talking about the 9 big trends in gaming, he said, “Mobile gaming will keep evolving rapidly, cloud technologies will revolutionize playing experience, HTML5 will offer new opportunities, XR Marvel will mix the realities, old classics will come back, esports will get more attention and more people will watch game streaming.”
India’s online gaming industry is currently at new heights after billionaire investor Rakesh Jhunjhunwala filed for an IPO in Nazara Technologies.
With the increase in the online gaming community, we will also see new genres of gaming to keep the engagement levels high and live streaming of games will continue to be popular as it was last year – it is the multiplayer levels that keep the gamers engaged. 2022 looks as promising as the last year was for the gaming sector, added Shukul.
“Research showed that India recorded about 365 million online gamers in 2020. The number of gamers is estimated to reach 510 million by the year 2022. India’s online gaming space is currently at $290 million, however research showed that India’s market is predicted to grow to $2.8 billion by the year 2023,” Palakodeti said.


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The technology behind almost every electronics device in the world, the integrated circuit or IC, celebrated its 50th anniversary on Friday. Its enduring success is thanks in part to two "nice guys" who developed it, and their early efforts to convince an industry that at first reviled their idea.
The two men, Jack Kilby from Texas Instruments (TI) and Robert Noyce, co-founder of Intel but head of research and development at Fairchild Semiconductor when the IC was invented, long lived with the title of "co-inventor" of the integrated circuit.
The IC industry, or chip industry, is now globally closing in on US$300 billion a year in revenue, and the information technology industry behind it just wouldn't be what it is without it.
Chips are the brains and nervous system of every electronics device around, from computers to iPhones and are finding their way into more devices all the time, including cars and refrigerators, to make them more energy efficient.
In 1960, computers not even as powerful as a US$1,000 PC today still required the space of an entire room and cost US$10 million. That all changed due to ICs.
In the 1950s, the electronics industry had just started using transistors, diodes, resistors and other electronic components instead of vacuum tubes, but the new circuitry was still bulky and expensive.
Kilby came up with the idea to combine this circuitry on one chip.
"In 1958, my goals were simple," said Kilby in a lecture given after accepting the Nobel Prize in Physics in 2000, "to lower the cost, simplify the assembly and make things smaller and more reliable."
Noyce integrated transistors and other components onto a single piece of silicon to form a chip. Prior to his idea, Fairchild made transistors on silicon, but then cut them out and sold them separately.
The world's first chips were born.
By most accounts, Kilby showed the first working integrated circuit to TI executives on Sept. 12, 1958, the reason today is viewed as the 50th anniversary.
But Noyce and other researchers at Fairchild Semiconductor, including Intel's other co-founder, Gordon Moore, had been working on their own concepts and showed off their integrated circuit shortly thereafter.
Moore has argued that Noyce's IC was more practical and easier to manufacture than Kilby's original.
In any case, their invention could easily have been destroyed by patent battles and fighting over who would get credit for the IC and potentially lucrative royalties.
At first, it looked as though that might happen.


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SoundCloud has secured $169.5 million worth of investment to secure its future. Although co-founder Alexander Ljung will stay on as Chairman of the board, the top executive role will now be filled by Kerry Trainor, who previously headed up video sharing platform Vimeo. Current CEO and SoundCloud cofounder Alex Ljung will be replaced by former Vimeo chief executive Kerry Trainor, while another ex-Vimeo employee, Michael Weissman, was appointed the COO of SoundCloud.
Reminiscing about the past ten years and the journey that he has undertaken alongside co-founder Eric Wahlforss, Ljung proudly declared that they "are just getting started". "We can't have that, and I'm happy to once again say that won't be happening". The company launched a subscription music service past year, but that didn't generate enough revenue to avoid last month's layoffs.
Eagles Trade Jordan Matthews to the Buffalo
He was the No. 4 selection in the 2014 draft and has caught 17 touchdowns and 153 passes for 2,459 yards in his three seasons. Matthews caught 225 passes in his three-year Eagles career, averaging better than 110 targets per season .
"The investment will ensure a strong, independent future for SoundCloud, funding deeper development and marketing of its core tools used by millions of audio creators - musicians, DJs, producers, labels, managers and podcasters", SoundCloud said. Both Trainor and Weissman are Vimeo alumni.
"We see an incredible opportunity for growth in this business", said Fred Davis, a partner at Raine who is joining SoundCloud's board of directors.
SoundCloud was launched in 2008 and has never said how many paying subscribers it has, but launched a budget subscription package for hoping that will have more listeners to convert from its free service, which that also did not do well. While rumors of an acquisition have floated, the company recently committed to staying independent, though it did recently lay off some 40 percent of its staff.


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The Shanghai People's Congress yesterday launched a special inquiry into the protection of consumer rights, focusing on online shopping, tourism, prepaid cards and education.
These sectors are the cause of most complaints, the congress said yesterday.
The inquiry will last through this year and will look at the enforcement of consumer rights legislation that came into effect two years ago.
Government departments must report a self-evaluation by May 15.
The congress will conduct open and secret inspections and seek opinions from government departments, companies, industry associations and consumer representatives until June.
Independent organizations will be invited to conduct surveys on the effectiveness of regulations and to analyze problems.
A preliminary report will be submitted by June.
And the inquiry will continue through the year to see how changes work and if more are needed. The Shanghai Administration for Industry and Commerce says 127,000 complaints and 56,000 tip-offs have been received since January last year.
It helped consumers recover about 150 million yuan (US.8 million). About half the complaints were about online shopping.
The administration has closed 2,751 websites in two years and issued fines of almost 10 million yuan over 3,368 illegal transactions.
"There are also emerging businesses on the Internet, such as online platforms for taxi hailing and tour guide booking, which brought new challenges in administration as they are combined online but everywhere offline," said Hong Hao, vice chairman of the Standing Committee of the Shanghai Municipal People's Congress.
This year, Didi Chuxing taxi-hailing was ordered to remove its function offering tips to drivers after consumers complained it had encouraged drivers to cherry-pick passengers.


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How neobanks reach out to the younger generation of consumers
Millennials are no longer the youngest bank customers. Even the older generation Z – nicknamed “Zoomers” – are entering the workforce. Most of the financial industry is still aimed at Millennials and is only now targeting older Zoomers. It’s easy to justify this focus as millennials continue to be a very important market.
On the flip side, neobanks, whose clients are usually already younger, quietly feed teens and the generations that follow them – especially Gen Alpha, which includes any child born since 2010 – many of whom are still at years of traditional banking.
How? ‘Or’ What? With unique bank accounts and mobile services.
It is not a dissenting tendency. Some fast-growing fintech players are promoting these unique solutions to young consumers. Revolut and GoHenry are two major accounts, but others that specialize in teen and children’s bank accounts include Copper, Greenlight, Jassby, Osper, RoosterMoney, Current, FamPay, Monzo, and Step.
Executives of financial institutions can be very confident in caring for Gen Z and Millennial customers. But the competition is betting big on the generations still on the horizon.
Some mega-banks have created products similar to those offered by neobanks, most notably Chase – with its Chase First Banking service and high school checking account – Capital One, Wells Fargo and PNC, as well as Axos direct banking.
However, many legacy vendor child account promotions are not as flashy or creative as they are with neobank products. Although there is no data to prove that traditional banks and credit unions are more or less successful with these young audiences, it is essential that they keep an eye on the competition that centers their strategies. for generations to come.
( Read more: Presentation of the world’s first interactive directory of exclusively digital neobanks)
Gamechanger: phones in children’s pockets
Certainly, traditional financial institutions have always allowed adolescents to open checking and savings accounts, usually under the responsibility of their parents. And it worked – that’s how many current customers first discovered the bank.
“Much of what we had seen before regarding customer acquisition – especially younger consumers – was based on where their parents banked,” says Stephen Greer, senior analyst at Celent The financial brand. The bells and whistles of ten years ago weren’t extravagant. These were simple incentives such as free account openings for your child.
But, the game has since changed. And it’s not because teens have more needs or even different needs. This is because they now have a phone in their pocket with a deluge of intriguing apps.
“A teenager doesn’t need a lot of these extra products,” says Greer. “But they might find it really compelling that they can integrate social media into some of them so that they can have something that looks cool that they can use to pay their friends.” This explains why Venmo, with its social media component, is so popular among young people.
No matter where children’s needs lie, Covid-19 has raised financial concerns at all ages. In a GoHenry survey based on data from January to December 2020, nearly three in four children aged 6 to 18 said they were more concerned about money since the start of the pandemic (broken down, this is 78% from 6- to 10 years old, 72% from 11 to 15 years old and 70% from 16 to 18 years old). GoHenry is a mobile application specializing in bank accounts for children and adolescents.
The Challenger Banks have recognized that there is a gap between what kids need and what they want now. Cutting-edge technology helps. While a wad of legacy institutions still run on “decades of core technology,” Greer believes the key is finding the elements of the banking experience that resonate with younger consumers.
Greer goes on to explain that neobanks are betting big, creating a simple experience now for the younger bankers – in the hopes they don’t go to big players, like Wells Fargo, Chase, and Bank of America. Then, once the challengers understand the kids, they can deploy suites of banking products that meet the needs of those consumers to create what Greer calls a “sticky relationship that sticks around.”
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Colorful, interactive and personalized
The proven method of teaching kids is to make it fun. Even Verizon is jumping on the youth banking trend, after announcing the launch of its new “Family Money” program.
( Dig deeper: Verizon infiltrates the banking industry with a neobank-type strategy)
Take a look at the difference between the home page of Chase First Banking and that of Revolut, which offers banking software for children in addition to its full suite of products. What looks more fun?
Or check out the (still in development) website of Copper, a neobank specializing in teen banking. Or on the homepage of Osper, which advertises Nickolodeon-themed debit cards.
And the features aren’t conventional either. Ten years ago, parents paid their children’s chore allowances in cash. Maybe the money was lost or it was sent in a cycle in the washer. It wasn’t until kids realized the value of money in their early teens that the kid and parent went to the bank to open an account.
Now, as more and more kids have cell phones, it makes sense for parents to be able to “send” money to their kids after marking completed chores on a digital to-do list. Easy, fast and don’t worry about dollar bills stuck under the bed anymore.
And there is a lot of money flowing between parents and children. GoHenry found in his report that American children collectively made $ 27.2 billion during 2020. The bulk – $ 25.5 billion – came from allowances.
Neobanks are getting tricky with mobile children’s bank accounts. While kids shop online, parents can monitor and set spending limits to teach them healthy spending and saving habits.
Osper, for its part, has a budgeting wealth management system built into its app so kids can save for what they want over time – and see the best ways to do it. GoHenry has a debit card with parental controls.
That’s not to say that traditional financial institutions aren’t staying one step ahead. Chase First Banking says parents can also set spending limits for certain locations – maybe $ 10 on Amazon, $ 10 in restaurants, and $ 20 everywhere else.
( Read more: Gen Z says they can’t wait to use big tech for banking – but will they? )
There’s still plenty of time… isn’t there?
Banks and credit unions are in no hurry to get rid of their old models. While the toll-free account is the priority for young consumers, Greer says, traditional financial institutions are reluctant to abandon their profitable models.
However, there is a feeling – and an acceptance – “that some sources of income will not be the cash cows they once were,” he adds. “Margins are squeezed everywhere. “
While banks and credit unions want to improve their digital game, it’s easier said than done and expensive. It will most likely start with fintech partnerships, according to Greer, to create an ecosystem that works for the younger generations.


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It can often be less expensive, and faster, to convert a space to hold a restaurant than to opt for ground-up construction. Here's how.
Golden Corral unveils a newly remodeled unit in Flowood, Miss.
French-Asian bakery cafe chain, TOUS les JOURS, has revealed a sophisticated new store design for its Union Street location in
Many restaurant companies are finding shrinking store counts is an ideal way to strengthen a brand and ready it for growth.
First opened in 1847, the bar has hosted luminaries such as Walt Whitman, Mark Twain and Abraham Lincoln.
Either choice can bring amazing benefits to your restaurant.
There’s a new look at Beef ‘O’ Brady’s. The Tampa, Fla.-based brand is remodeling both franchised and corporate locations and seeing a related sales increase.
Located directly on San Francisco bay in Tiburon, Calif., Sam’s Anchor Cafe is a local institution set to celebrate its 100th year in 2020. The operation was recently
Subway plans to remodel more than 10,500 U.S. restaurants by the end of 2020. The chain has completed nearly 1,400 remodels globally and says 900 more are underway.
In this Q&A, Cousins Subs' President and CEO Christine Specht discussing remodeling stores, strategic closing of stores and the future of the Wisconsin-based
Arby's Restaurant Group, Inc. (ARG), franchisor of nearly 3,400 Arby's restaurants worldwide, has launched a major remodeling program across its nationwide network.
Prosecco, a popular upscale Italian restaurant in Chicago, got a major facelift with the help of Chicago-based ...
How do I coordinate remodels or refreshes with lease requirements?
Recorded live on February 13, 2018View this recorded webcast free on demand
Renowned chef Rick Bayless has operated Chicago’s Topolobompo
There’s a rule of thumb in the restaurant industry that remodels should happen every seven years, but that’s not always best. This raises the question, when is
Good food alone won’t turn a franchise into a roaring success. To succeed, an operation needs a solid franchisee support system and, of course, a design that compliments
Tasked with completely remodeling popular 13-year-old LA organic American eatery Hedley’s, designers John Sofio and Dominique Labaki from
The Boundary, a bustling local bar and grill in Chicago’s bustling Wicker Park neighborhood, underwent a complete renovation in just two weeks. The remodel included
Santa Monica’s popular beachside restaurant 41 Ocean unveiled a new, modern design and updated menu by Executive Chef Patrick Florendo. Both the design and the menu focus
Most companies waste money when doing remodels/rebrands. They don't do it consciously, they just fail to fully consider their guests and, particularly in the current
Facing a redux project? Ed Doyle, president of RealFood Consulting in Boston says every project is different but there are pros and cons to consider before deciding


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Nearly 70% of Telecom Retailers Predict Wireless Device Sales Will Rise in Next 3 Years
In a new study, “The Future is Anywhere: 2021 Trends in Telecom,” it’s revealed the sector’s retail future is looking bright, with optimism across the board as the telecom sector emerges from the pandemic.
The study, conducted by Vancouver-based iQmetrix, a management software provider in the telecom industry, is based on a survey of industry professionals across the U.S. and Canada to glean insights into today’s trends and predictions for what’s to come. The study found that respondents largely agree that the physical store still plays an important role, but only as part of an omnichannel retail experience.
According to iQmetrix, the results also suggest that the optimistic outlook will only stand up if retailers answer the call to meet customers wherever they are. This means retail operators need to be able to sell anywhere, so that their customers can buy anywhere: in-store, online, via search, on social media, at kiosks and pop-up stores, and everywhere else.
The survey report breaks the results down into five sections, including the retail outlook, the role of the physical store, omnichannel, and the future of buy anywhere. Other key findings are:
• Nearly 70% of telecom retailers predict sales of wireless devices will be higher in three years compared with today.
• 83.7% predict sales of smart home and IoT-connected devices will be higher in three years.
• Almost 80% have invested in buy/reserve online, pick up in-store, or plan to do so within three years.
• More than 30% saw e-commerce retail revenues increase by at least double over the past year.
• 87% have invested or plan to invest in engaging with customers via social platforms.
• 89% predict more growth in buy/reserve online, pick up in-store solutions over the next five years.
• More than 88% predict a much greater focus on customer subscription and loyalty programs over the next five years.
“Overall, these responses make up a very optimistic report — and an outlookthat predicts huge change, not the status quo,” said Stacy Hamer, vice president of client experiences at iQmetrix. “It shows that authorized retailers and carriers will have to align with each other, invest in new product sales, and adopt new retail channels. It paints a transformational picture.”
Here are the survey’s complete results.


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Gov. Susana Martinez announced Monday, yet another record-breaking year for tourism in New Mexico.
Overall spending by visitors to New Mexico increased by 7 percent in 2013, which translates to roughly $300 million in new revenue taken in by communities throughout the state. As a result of this growth, the leisure and hospitality industry was able to create 1,700 new jobs last year, with an additional 700 new jobs already created between January and May of 2014.
“Tourism is a strong economic driver and a critical component of the diverse economy we are working to create in communities throughout New Mexico,” Martinez said. “More people are experiencing the adventure and beauty of New Mexico and spending more money while they’re here. This leads to new jobs and growth in cities, towns, and villages throughout the state.”
In early 2012, the Tourism Department unveiled the New Mexico True campaign. At the heart of New Mexico True is a promise to tourists that they will experience “adventure steeped in culture” when visiting our state.
In 2013, the advertising effort helped lead to an 11 percent increase in what are known as marketable overnight trips to New Mexico, or vacations, which are the type of trips targeted by the New Mexico True campaign as providing the greatest boost to our economy.
Altogether, the increases represent the third consecutive year of tourism growth in New Mexico (and the second consecutive year of record-breaking tourism growth). Overall visitor spending has grown by more than 24 percent since 2010 and marketable overnight trips are up 38 percent. Over that time period, an additional 2.4 million visitors came to New Mexico, with a record 32.2 million people traveling to the state last year alone.
“It is exciting to see another record-breaking year for tourism,” Tourism Cabinet Secretary Monique Jacobson said. “This data continues to reinforce the point that New Mexico True is working by attracting active visitors who stay longer and spend more money all over the state.”
The Tourism Department is seeing encouraging signs that this momentum will continue through 2014, due in part to the fact that statewide lodging receipts through May 2014 are up 6.1 percent over last year and gross receipts accommodations taxes are up 6.4 percent through the first quarter of 2014.
Since 2011, the Tourism Department has dramatically increased the percentage of its budget dedicated specifically to the advertising and promotion of New Mexico (from 28 percent in 2007-2010 to 68 percent in 2014).


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MedMen is a premium cannabis product retailer in the United States. The company has a network of locations spanning six states, and has been at the forefront of industry developments for over a decade. MedMen believes that as an industry leader, it has a responsibility to demand criminal justice reform, and to involve communities affected by the War on Drugs in shaping the medical marijuana treatment industry. The company’s commitment to social justice is evident throughout its operations, from its policy positions and its philosophy.
What Is Medmen?
What is MedMen? The concierge service will be launched by this Massachusetts-based cannabis retailer. The company will hire seasoned budtenders to give personalized product recommendations. This move comes shortly after the company opened a 4,725-square-foot dispensary in the Fenway Park area of Boston. The company has had to face many challenges over the past year, including changes of leadership and a new business model.
The company will have 37 stores across five states, beginning in October 2020. The stores will look similar to Apple stores and include an iPhone check-in. The company has also taken steps to rebuild its brand image in the cannabis industry, including revamping its pricing and assortment strategy. This is the part of a philosophical restructuring. The store will offer high-end shopping experiences. A few of the new stores will be slated to open in California.
The store is Apple-like in design, with floor-to ceiling windows and roaming budtenders. The screens provide information about the cannabis strains, explain the levels of sativa and indica, and even go into the terpenes. These natural chemical compounds in cannabis can alleviate symptoms of insomnia, anxiety, depression and even insolvency. But what is MedMen’s ultimate goal, then?
Medmen Near Me
A new dispensary, MedMen, has opened in New York City at 433 5th Ave. It serves neighborhoods such as Murray Hill, Chelsea, Hell’s Kitchen, and others. It uses the latest technology available in the regulated marijuana industry to produce precision-grade all-natural medical marijuana products. The menu of products at this dispensary includes CBD and THC concentrates. To find a nearby MedMen location, visit their website or download a map of all their locations.
The first MedMen dispensary opened in New York City on Wednesday, and notable politicians and industry figures attended. Five dispensaries are currently being operated in New York City, and one outside. MedMen does have recreational marijuana dispensaries in California, Nevada, but the New York state law forbids them from selling it non-license holders. New York is home to approximately 33,000 medical marijuana patients, out of a population that exceeds 20 million.
Opened in 2010, MedMen is a California-based medical marijuana dispensary chain with locations in New York, Illinois, and Nevada. The company offers medical marijuana products for patients with a valid Florida medical marijuana card. Their retail outlets are also open to the public, and you can visit them without a license. Read on for the company’s history, and their list of locations. This is a brief overview of these dispensaries.
The New York Medical Cannabis Industry Association has decided to cut ties with MedMen, a company that has been accused of racism, financial corruption, and harassment. MedMen opened its first retail dispensary in New York City’s Fifth Avenue neighborhood last year. It plans to open another in the Meatpacking District. The company holds one the 10 state-issued medical marijuana licenses. MedMen employees have been trained in cannabis education via workshops and seminars. The company also offers vape prerolls, edible products, and cannabis flowers.
While Bierman is wary of speculation and doesn’t want to speculate on a potential takeover, he believes that a successful company can grow rapidly and remain profitable. “The value of a medical marijuana license is hundreds of millions of dollars,” he says. He is optimistic, but he is not certain that the company will make a profit this fiscal year. The stock price of the company has fallen since MedMen was ejected by the New York Medical Cannabis Industry Association. He has not recovered from the consequences.
The most recent news in MedMen has to do with the termination of the sale to Ascend Wellness. Michael Serruya was appointed interim CEO and chairman of MedMen’s board. He succeeds Tom Lynch. Serruya joined as part of a $100m investment in MedMen by Serruya Private Equity. This investment also included the purchase $166 million of convertible debt. In August, Lynch resigned as CEO, and Serruya became the new chairman and CEO.
The company’s goal in California is to make marijuana more mainstream in the U.S. The new apparel line will allow the brand to reach consumers outside of key states. MedMen is the leading U.S. retailer of cannabis products and its apparel line is a continuation of its growth strategy. But what’s next for this emerging brand? Here are some things to look for in MedMen News.
You’ve come to right place if you’re looking for a local medical cannabis dispensary. MedMen Enterprises Inc. has a concierge service led by seasoned budtenders who provide personalized product recommendations. The company recently opened a dispensary measuring 4,725 square feet in Boston’s Fenway Park neighborhood. After a turbulent period that included a change of leadership and a shift in business model, the company has made some significant changes.
The company plans to open three new locations in New York City. There are eight dispensaries in California and one Nevada. These locations will cater to medical marijuana patients, and shoppers must present a medical marijuana card or a doctor’s note to shop. Currently, there are no recreational dispensaries in New York. Regardless, a number of politicians and industry leaders attended the company’s pre-opening party. Sen. Diane Savino was one of the many who attended the pre-opening party. Her bill legalized medical marijuana for New York. Additionally, NYC Public Advocate Letitia James, who has become a vocal advocate for legalization, and others.
Despite the company’s rapid growth in the past few years, federal law still declares marijuana illegal. This means that companies cannot solicit investment capital like other California tech firms or ship marijuana products abroad like Canadian firms. Although this has caused many problems for the company, the company still has a lot of potential for growth if the restrictions are lifted. The website below provides information about MedMen Dispensary locations throughout Florida.
Delivery of Medmen
A new delivery service, MedMen Delivery, has opened in California. This statewide delivery service will provide marijuana products to individuals within a 25-mile radius of participating locations. This service is convenient because of the company’s extensive retail footprint, strong supply chain and knowledgeable sales associates. A MedMen Delivery service is free of charge for orders over $49. Customers can also enjoy free delivery if they become MedMen Buds. The program is currently live in 14 stores and has over 40,000 members.
Although this service is free, it still costs the patient a few dollars more than a delivery from a regular dispensary. Delivery from a medical marijuana dispensary may not always be possible. To avoid this, MedMen offers its customers discounts and special promotions, and their products can be delivered right to your door within a few hours of purchase. Customers can also receive up to 20% off their first order.
The opening of the Fifth Avenue location of MedMen is an exciting development for medical marijuana patients. In the city’s legal marijuana market, the company has long tapped into the expertise of local cultivators to bring the highest quality products to patients. In May 2015, MedMen opened its first dispensary. It was later sold to another owner in June. The new location had to find a way to expand within the city’s license cap, which is currently three dispensaries per company. Fortunately, MedMen managed to move beyond this limit and has opened five more dispensaries in the Los Angeles area.
Leafly helps people find doctors and dispensaries that offer medical marijuana. It also offers information about local delivery and pickup services. Leafly is also a great resource for cannabis enthusiasts and includes breaking marijuana news, growing weed tutorials and weed videos. The app also gives you a handy way to find the right product for your needs. It is recommended that users be at least 21 years of age and are registered patients.
Are you interested in a discount on your cannabis purchases? Look no further than the MedMen Coupon. This company is a leading retailer of premium cannabis products in the country. With locations in six states, MedMen has been on the forefront of industry development for over a decade. MedMen believes that as an industry leader, it has a responsibility for reforming the criminal justice system and ensuring that communities affected by War on Drugs are included in shaping the future of medical cannabis treatment.


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In the US, few industries are tracked and monitored as closely as the manufacturing sector, and the metrics used to follow manufacturing trends are broad and varied. Key indicators measuring raw material orders, shipping and distribution statistics, and new facility construction are all closely watched by industry experts. One of these metrics—the machine tool order rate– is especially crucial. Machine tools help manufacturing firms engineering important components of industrial products, and when machine tools orders are high, this means manufacturing firms are thriving, expanding their operations, and processing larger orders at a faster rate.
Every year, the number of machine tool orders in the US is tracked and examined by the United States Manufacturing Technology Orders Report (USMTO), a publication of the Association of Manufacturing Technology (AMT). The AMT reviews new order numbers and other manufacturing technology data gathered from participating manufacturing and distribution firms. On a monthly basis, the results of this data analysis are shared with decision makers in the industry. Because new technology investments can be costly, a spike in these investments usually correlates with high business confidence among manufacturing executives. Higher numbers in the USMTO indicate growth in the sector and suggest a positive forecast in the near and long term future.
In 2014, manufacturing technology orders experienced a general rise, and the year ended on a high note that suggested robust growth and steady recovery from the recent downturn. So far, 2015 numbers have not been as strong, and as of February, the index experienced a 9.8 percent year-to-date drop. Manufacturers and machine shops ordered about 307 million dollars’ worth of metal forming and fabricating equipment during that month, which represents a 10.6 percent drop from January and a 14.6 percent decline since February of the previous year.
What this means for manufacturing firms remains to be seen, but according to the president of the AMT, the position of the industry is still strong, and the pressures that have led to the decline are expected and anticipated. These pressures include a stronger dollar and lower capital outlay from the energy industry.
For more information on the USMTO and the state of the manufacturing sector in the US, reach out to the industry experts at Career Staffing Services.


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GlobalTranz Announces Continued Growth in First Half of 2019
First and Second Quarters Marked by 15.5% Year-over-Year Net Revenue Increase
PHOENIX, August 6, 2019 — (GLOBENEWSWIRE) GlobalTranz Enterprises, Inc., a leading technology and third-party logistics solutions company providing award-winning Transportation Management System (TMS) products to shippers, logistics service providers and carriers, today announced continued growth in the first and second quarter of 2019. In the first half of the year, GlobalTranz reported a gross revenue increase of 3.6% and a net revenue increase of 15.5% year-over-year.
The close of a new equity partnership with Providence Equity Partners, launch of the next generation of GTZcommandTM, acquisition of Chicago-based Circle 8 Logistics, and accelerated growth of GlobalTranz’s managed transportation offering by 55% were high points that drove the year-to-date results.
“Despite the overall challenges in the freight market during the first half of 2019, GlobalTranz has executed very well and has continued to build on our record growth in 2018,” said Renee Krug, GlobalTranz’s CEO. “The current market is presenting new organic and non-organic opportunities which we believe will allow us to expand our market share and drive continued profitable growth into the second half of 2019 and into 2020. We remain focused on serving the needs of shippers, carriers, logistics service providers and brokers through our technology-driven multimodal solutions.”
In addition to earnings growth and several major announcements, the first half of 2019 was marked by a variety of accolades for the company:
GlobalTranz is driving strong results with 25,000+ customers through technology innovation, a network of 34,000+ carriers, market-leading freight agents, transformative M&A, creative solutions and superior customer service delivered by the best people in the industry.
For more information on GlobalTranz, visit globaltranz.com and follow us on LinkedIn and Twitter @globaltranz.
GlobalTranz is a technology company providing award-winning cloud-based multi-modal Transportation Management System (TMS) products to shippers, carriers, 3PLs and brokers. GlobalTranz is leading the logistics software and services market in innovative technology that optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in real-time. Leveraging its extensive independent agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 1 million product users and 25,000 shippers. In 2019, Transport Topics named GlobalTranz #8 on their list of Top 10 largest freight brokerage firms in the U.S.
Director of Public Relations & Content Marketing


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China has grown to be one of the biggest markets for fashion where female consumers are a significant force. There are over 80 thousand SKUs of cosmetics products, which makes it harder for consumers to pick up the most suitable products by themselves. In that regard, content recommendation becomes popular with Weitao (part of mobile Taobao), Xiaohongshu, and Weibo being the main channels.
58% of female consumers get cosmetics related information from e-commerce platforms and 45% from content communities, according to the data from Understand Female Customers in Fashion World.
Online celebrities promoted 26 of the top 100 cosmetics products. 54% of female consumers thought those products were proved right first to get recommendations.
After they decided which items of ...
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Food processing facilities have to be on top of their game when it comes to controlling bacteria in the workplace.
Over the summer, the artisanal cheesemaking industry faced a serious issue from the U.S. Food and Drug Administration that would ban century-old practices that age cheese on wooden boards and shelving.
The USDA recently recalled more than 31 tons of meat and poultry after finding a contamination in potatoes from a breakfast meals food processing company.
Pasteurization is a necessary part of handling most dairy products and processing facilities depend on the highest quality equipment to help eliminate harmful organisms.
Pasteurization is an absolutely critical stage for yogurt, milk, cheese and other dairy products so they can be sold, shipped and consumed.
Food processing facilities have to ensure the highest safety standards while handling food products for consumption.
A turkey processing facility located in Willmar, Minnesota, recently had some of its employees sent to a local hospital after a mysterious illness caused about 30 different workers to suffer from symptoms like heavy coughing and vomiting.
A lot rides on packaging in food processing – strict guidelines have to be followed to keep harmful bacteria from entering products.
Food processing plants rely on temperature control to keep their products’ shape, form, taste and edibility.
The concern for quality, health, safety and freshness in food products has increased dramatically over the last decade and brands are listening to consumers’ worries, Food Production Daily reported.


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SAN FRANCISCO (Reuters) - Chipmaker Altera Corp is working with Intel Corp to combine separate components like processors, memory and programmable chips into customized devices in a technique aimed at reducing manufacturing costs and improving performance.
The new agreement, to produce what are known in the technology world as "multi-die" devices, builds on a deal announced over a year ago for Intel to open its most advanced factories to produce Altera's programmable chips, Brad Howe, Altera's senior vice president of research and development, told Reuters late on Tuesday.
It also reflects strategy at Intel, the world's largest chipmaker, to look for growth opportunities in new markets and reduce the company's reliance on the slowing personal computer industry.
Both companies are contributing packaging and semiconductor expertise that will help Altera improve the performance of chips for communications, high-performance computing and military applications. "We're partnering to bring those technologies together in a single-package solution," Howe said.
Multi-die packaging is aimed at efficiently connecting separately made components as one device. Many of those components could be manufactured together on one silicon die, but in some cases the complexity of doing so can mean higher costs and lower yields of successfully produced components.
Connecting discrete components in sophisticated ways can also lead to smaller-form devices that use less energy and let chipmakers more easily mix and match components to produce different variations of chips.
Altera is betting that paying for access to Intel's factories equipped with new 14 nanometer trigate transistor technology will give it an edge over rival programmable chipmaker Xilinx Inc.
Intel's manufacturing agreement with Altera is going "exceptionally well," Sunit Rikhi, general manager of Intel's contract manufacturing business, said in a statement on Wednesday. "Our close collaboration enables us to work together in many areas related to semiconductor manufacturing and packaging."
The deal to share Intel's prized manufacturing technology with Altera is the most notable of its kind so far for Intel. Chief Executive Brian Krzanich said in November he wanted more customers.
Far behind rivals in making chips for smartphones and tablets, Intel views adding more manufacturing customers as one way to keep its multibillion-dollar factories operating at optimal levels.
In February, Intel said that a new facility built in Chandler, Arizona, originally slated as a $5 billion project to produce its most advanced chips, would remain closed for the foreseeable future.
Shares of Intel were down 0.3 percent at $25.39 while Altera's stock was 1.2 percent lower at $35.98 on Wednesday afternoon.
(Reporting by Noel Randewich; editing by Kenneth Maxwell and Matthew Lewis)


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We have some good news for those of you planning to pick up a Windows Phone 7 handset at launch, as it has been confirmed that tethering support will be enabled on all devices, but whether it gets activated is another matter.
As reported from Engadget, Windows Phone 7 devices will follow the Google Nexus One in allowing tethering support, a feature which is always welcomed by phone owners.
However, the report states that it will be up to the carrier to decide whether or not the service will be available to use freely. In this case, it will be up to AT&T and T-Mobile USA to make the call, since we know Sprint and Verizon will not be releasing any devices until 2011.
Knowing that tethering is built into the phone, does this make your decision to purchase a little easier? Of course there is going to be an outrage if both AT&T and T-Mobile disable it. You’ll probably end up seeing tethering features available for a separate fee, which has become the standard as of late.
Let us know your thoughts on this.
*Identifying Monetised Links - outgoing links that we monetise are marked with an '*' symbol.


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Amazon has officially launched its new one-hour delivery service Prime Now.
The service, which promises delivery within an hour of purchasing an item, or a two-hour timeframe from 6-12am, is now available across Manhattan for $US7.99.
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Amazon’s senior vice president of worldwide operations, Dave Clark, said in a statement the new service will allow members to receive the items they need immediately or if they do not have time to go down to a physical store.
“We’ve long felt that Amazon Prime is the best deal in the history of shopping and now it has gotten even better,” he says.
“Prime members in Manhattan are going to love this service and we cannot wait to roll out Prime Now to additional cities in 2015.”
Apple orders more than 5 million smartwatches ahead of launch
Apple has ordered between five and six million Apple Watches from its suppliers in Asia ahead of the product’s release in April.
The Wall Street Journal reports half of the initial product run will be devoted to the Apple Watch sport model, while the mid-tier Apple Watch model is expected to make up one-third of production.
The sporting model of Apple’s smartwatch will sell for around $US349 ($A450).
Twitter launches TweetDeck Teams
Twitter has announced the introduction of a new TweetDeck feature called TweetDeck Teams.
The announcement means Twitter users can share their Twitter accounts with other users without needing to share passwords.
The changes will begin to roll out across TweetDeck for web, Chrome and Windows as of today.
The Dow Jones Industrial Average is up 0.04%, rising 0.04 points to 18,019.39. The Australian dollar is currently trading at 78.21 US cents.


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Having watched its increasingly weak-looking MP3 players and phones pummeled to dust by both Apple’s iPod and iPhone, Sony has finally iced its bruises and reentered the ring. On Thursday, the Wall Street Journal revealed that the Japanese company is plotting its own game-savvy smartphone to battle Apple’s iPhone.
According to the Journal, Sony engineers are toiling away on “a portable device that blurs distinctions among a netbook, an e-reader and a PlayStation Portable.” It will also knit in tightly with Sony’s iTunes-like media store, a marketplace for music, video and games set to debut later this month.
Although the phone will wear a Sony Ericsson badge, reports say Sony will take a “more active” role in developing the handset. Senior Vice President Kunimasa Suzuki, who has hands in both the Vaio and PlayStation teams, will lead up its development, further corroborating its focus on gaming capabilities.
Few other details of the phone are known at this time, but Sony apparently hopes for a launch within 2010.
- Sony officially ends PlayStation Vita production after 7 years of struggle
- How to connect your phone to a PS4
- Apple reportedly takes on Microsoft with its own ‘Netflix for games’
- Nintendo Switch vs. PlayStation 4: Which console should you buy?
- You can now watch four PlayStation Vue streams at once on a single Apple TV