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NEW YORK • Last Wednesday, when Mrs Hillary Clinton stood in the New Yorker Hotel for her farewell speech, she did so in one of her signature Ralph Lauren pantsuits. Dark grey, with purple lapels and a matching purple shirt, it underscored, as so many of her fashion choices did in the run-up to the election, a point: the way two colours/ factions - red and blue - can unite to make something new.
But it also symbolised, perhaps, the end of what might have been an extraordinary relationship. And possibly the end of fashion's seat at the power table.
More than any other industry, fashion had pledged its troth to Mrs Clinton. Vogue magazine formally endorsed her, the first time it had taken a public stand in a presidential election. W magazine editor Stefano Tonchi declared his allegiance in an editor's letter.
Diane von Furstenberg, designer and chairman of the Council of Fashion Designers of America (CFDA), and Anna Wintour, editor of Vogue and artistic director of Conde Nast, had aggressively raised funds for her during fashion weeks and beyond: The week before election day, they chaired a fund-raiser in Washington at the Georgetown home of Ms Connie Milstein, a major Democratic donor.
Neither Mrs Trump's wardrobe nor that of the rest of the family has been used in the traditional way to telegraph the virtues of Made in America - though that has been one of Mr Donald Trump's most vociferously promoted platforms.
Designers including Tory Burch, Marc Jacobs and Prabal Gurung created "Made for History" merchandise for Mrs Clinton's campaign store and contributed to a runway show/benefit during September's New York Fashion Week.
Ralph Lauren became Mrs Clinton's de facto sartorial consigliere, helping her shape her image from the Democratic National Convention to the debate floor.
It was to be the culmination of a relationship that began with Mrs Clinton's appearance on the cover of Vogue in December 1998, the first time that a first lady had done so.
The relationship gained momentum through the Obama administration, with Mrs Michelle Obama's embrace of the fashion world writ large, from accessible brands such as J. Crew to young designers such as Jason Wu and Christian Siriano and established names such as Michael Kors and Vera Wang. (Mrs Obama also appeared on the cover of Vogue, in March 2009 and April 2013.)
In understanding how she could use fashion to "express ideas" - as Joseph Altuzarra, who made clothes for Mrs Obama and contributed a T-shirt to Made for History, said - Mrs Obama elevated the industry beyond the superficial to the substantive. She framed clothing as a collection of values: diversity, creativity, entrepreneurship.
Mrs Clinton seemed primed to continue that trend.
The Trumps, however, may not.
As their Washington revolution dawns, designers are assuming, Altuzarra said, that the main players "will have a different relationship to clothes" than fashion has come to expect from the White House.
It was striking that on election night, for example, while Mrs Melania Trump also wore Ralph Lauren (a white jumpsuit), the outfit was, according to the brand, one she had bought off the rack, as opposed to one she had worked with the designer to create.
Indeed, all the clothes she wore on the campaign trail seem to have been part of a shopping spree, as opposed to a strategic plan.
There is nothing wrong with that. Arguably, it is part of what makes a woman who lives in a gilded penthouse seem more normal (she buys, just like everyone else). But it reflects her distance from the industry.
And it is striking that while Ralph Lauren is an American brand, which may indicate a decision to support home-grown talent and promote local industry, Mrs Trump has also worn Fendi (Italian), Roksanda Ilincic (British) and Emilia Wickstead (British) on the campaign trail. When she went to cast her vote, she threw a gold-buttoned camel Balmain military coat (French) over her shoulders.
Neither Mrs Trump's wardrobe nor that of the rest of the family has been used in the traditional way (see Jackie Kennedy and Nancy Reagan), to telegraph the virtues of Made in America - though that has been one of Mr Donald Trump's most vociferously promoted platforms.
Mr Trump himself has stuck closely to his uniform of Brioni suits and made-in-China fire-engine-red ties from his own brand. His daughter, Ivanka, has worn an assortment of styles and high-fashion names, including her own label, the Roland Mouret asymmetric top she wore to the third debate and the Alexander McQueen dress she sported at her father's acceptance speech.
If there is a unifying message to the Trump wardrobes, said Mr Marcus Wainwright, chief executive of Rag & Bone (and another Made for History contributor), it is not about the on-shoring of manufacturing, but rather "looking rich".
Indeed, on election night, when the family stood on stage surrounding the triumphant candidate, the lasting visual was not of what the Trumps wore, but rather the sea of "Make America Great Again" red caps in the cheering audience.
This may have to do with the fact that Mr Trump and Ms Ivanka Trump have clothing lines of their own and hence regard the products more as products than as vehicles for political expression. It may have to do with the fact that as far as Mrs Trump goes, as a private citizen she has not really had to reflect on the way her choice of dress is interpreted.
It is possible, von Furstenberg said, referring to Mr Trump's conciliatory victory speech, that this attitude will change when he gets into office. Maybe, Mr Wainwright agreed, Mr Trump will use clothing to show his commitment to the idea of supporting the garment district and home-grown factories. But he did not sound very convinced.
This new reality has left fashion feeling bereft.Now the industry has to wrestle with what happens next: How it defines itself if it is marginalised in a Trump administration and whether there will be repercussions for either its pledge of allegiance to the President-elect's opponent or some of the more angry post-election statements designers have made on social media.
Pointedly, Wintour declined to comment for this article. Spokesmen for Ralph Lauren and Alexander McQueen, while acknowledging on background that the Trumps had worn their clothes, did not issue the usual press releases boasting about the relationship.
The first great test of both sides will be the inauguration: a time when the eyes of the world will be on the First Family and what they wear - and if, especially for those family members who do not speak, there is more to the clothes than just, well, clothes.
Not one designer contacted said they would not dress Mrs Trump if she asked, though von Furstenberg noted that she may not need anyone's help. "I'm sure she knows what to do," she said, given that Mrs Trump is a former model.
Given the future First Lady's past choices, she may continue her tradition of wearing a European high- fashion brand to what will probably be the most-watched black-tie event of her life, the coming inauguration. That would be a declaration of independence, of a sort.


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In the third quarter of fiscal year 2015 revenues Western Digital has made 684 million dollars in cash. At the end of this period, the total amount of the company’s revenue in the form of cash and cash equivalents totaled $ 4.8 billion. According to the information, during the quarter the company used $ 240 million to repurchase ordinary shares in the amount of 2.2 million. 3 February, the company announced dividends in the amount of US $ 0.50 per ordinary share and paid their April 16, 2015.
“I’m happy with our work and its results, particularly in terms of declining demand for personal computers. The third quarter was the best for us, as increased average selling price and gross profit of the company. We continue to balance between short-term and long-term opportunities, try to allocate capital wisely. In the current fiscal year, we returned $ 1.1 billion to shareholders for buying shares in the form of dividends, and now continue to invest in promising areas, “- said Steve Milligan, president and chief executive officer of Western Digital.

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Latest on Nokia woes, FCC/USF, VZW pays Voda £2.8Bn - Telco 2.0 News Review
- Devices: Nokia goes all-in on emerging markets. Like Moto did
- Regulation: Carriers to FCC: no more USF please
- Strategy & Finance: Verizon Wireless forks out £2.8bn to Vodafone
- Online Video: BT ordered to kill Newzbin 2
- Technology Disruptions: HOWTO hijack a GSM network like Free Libyana
[Ed. Don't forget to check out our latest agenda 'M-Commerce 2.0: How Personal Data will Revolutionize Customer Engagement', including more details of our next Brainstorms in in New York (5th-6th October) and London (9th-10th November) run in collaboration with the World Economic Forum.]
It's still going horribly wrong for Nokia, with smartphone sales off 34% and overall device shipments down 20%. Stephen Elop is pushing the emerging market product line hard - note the dual-SIM phones that don't need to reboot when changing between them - but it's worth remembering that the last major handset vendor to go all in on the low-end was Motorola with the GSMA-sponsored Emerging Market Handsets, and look how that turned out.
In better news, the for-real version of Windows Phone 7, "Mango" has been released-to-manufacturing, the slightly quaint Microsoft way of saying that the current version has gone into the feature freeze before release to the public. Before anything hits the streets, though, there's still the carriers' conformance tests to pass and the supply chain to fill. So it's certainly no-move-before October, although it's on course to hit the Christmas deadlines.
Oh, and Microsoft have given Project Mango a new customer-facing name: Windows Phone 7.5, obviously better.
That said, it seems that Apple's iPhone 5 is going to be out in September, beating them to the punch. This one is going to be very like an iPhone 4 (and presumably somewhat less like an iPhone 3GS but still quite like one) but will pack Apple's homebrew A5 CPU and a better 8 megapixel camera (putting it into the N8 class as a photo device, depending on the lens they use). Apple also got a favourable court ruling against HTC, in a week where their net profits were reported to have risen 125%.
Ericsson also had some good news, with their quarterly results up 59%, although sales were up much less and the high Swedish kroner helped their margins.
The iPhone's assembler, Foxconn, is investing heavily in robots. Their CEO announced the target at a "workers' dance party" this week, which sounds like the greatest buzz-kill ever.
Meanwhile, RIM zapped 2,000 staff and re-organised its management. The re-org creates a single head of product design and engineering, to whom a new head of marketing reports, and puts the current CIO in charge of all enterprise products, while giving the CTO of software responsibility for applications and developers, and creating the curious post of "Chief Operating Officer for Operations" in charge of manufacturing, rework, and logistics.
There's been a big upheaval in the Apple App Store, where a succession of major e-commerce apps have withdrawn from it and transitioned their activities to a pure mobile web solution. Notably, Amazon and Barnes & Noble are out. The point is that Apple didn't use to take a 30% cut of in-app sales - now it does. They don't want to share the 30%, so they're refactoring their apps into HTML5 web pages to cut out the middleman.
However, can you really do this stuff in a browser? Qualcomm's Augmented Reality SDK is now, unexpectedly, available for iDevices.
Elsewhere, Dave Burstein reports on the US carriers' response to the FCC consultations on broadband and PSTN shutdown. What he calls the "Big Telco plan" apparently foresees the end of universal service requirements and the Universal Service Fund, but (by his calculations) won't actually deliver any more broadband.
There's been a 50% surge in VDSL shipments as Eurocarriers begin to upgrade their copper networks to at least a fibre-to-the-cabinet standard. On the other hand, sales in Asia are dropping as VDSL is replaced by FTTH, and slowing down in the US as AT&T decides it's done enough.
Meanwhile, Vodafone shares rose 7 per cent on the news that after years of waiting, Verizon Wireless is going to pay out a £2.8bn dividend to Vodafone. The enormous bag of money is expected on the 31st of January, 2012, and VF is planning to immediately kick £2bn of it to its shareholders.
Vodafone has announced a minimal smartphone for emerging markets, with EDGE only, which will be marketed as a "Facebook phone".
VZ, for its part, has appointed Lowell McAdam as CEO in succession to Ivan Seidenberg.
Sprint-Nextel has a huge MVNO customer: LightSquared, which has decided to rent capacity on Sprint's network rather than pay NSN a fortune to build its own. NSN has to content itself with doing a core network for the moment, and perhaps the radios further down the line, as Sprint has the right to use any network LightSquared ends up building in future.
It's worth $9bn over 11 years to Sprint, for their part, and they need it after a rather painful quarter hit by the cost of handset subsidy. Meanwhile, RCR Wireless points out, Verizon Wireless is gaining six postpaid subscribers for every one AT&T gains, and the Big Two make up practically all the net adds in the entire industry.
Meanwhile, AT&T said it would impose rate limits on the top 5% of data users. They notably didn't say how the top 5% was defined (the top 5% by average rate? by total consumption? by peak rate? in the busy hour? in the busy cell?) but did say the number would vary month to month. Neither did they offer to sell the top 5% more capacity for more money, although apparently it doesn't apply to tiered data plans. To summarise: we might reduce the quality of your service to suit us, based on reasons we won't say and that change without warning, and we won't take your money. No wonder everyone loves telcos.
OFCOM's Consumer Panel thinks that the revenue from more spectrum sales should be used to fill in the UK's remaining coverage blanks, both in terms of broadband and in terms of basic GSM voice and messaging. The implementation would be to attach a 2G coverage requirement to the 4G licences. BT thinks this would amount to an illegal subsidy (although it's not clear whether they mean a subsidy to the licensees who have a 2G requirement and get money from the government, or those who don't and therefore don't have to build any more 2G BTS), while 3UK points out (reasonably enough) that it would disbar them from taking part. We can remember when the government wanted an 800MHz LTE net to deliver broadband into the countryside. What, was that only May last year?
ABI Research reckons that wholesale service providers will be a leading sector in LTE deployment.
BT has also been ordered by a court to block access to Newzbin 2, a website that provides a search engine over the USENET alt.binaries.* newsgroups, a time-honoured way of sharing pretty much any content at all over the Internet, notably warez, porn, and pirate downloads. The original Newzbin was shut down by a court order but immediately reappeared, so this is the MPAA's new tack. The court specifically orders that Newzbin 2 be added to the child-porn watchlist BT's Cleanfeed system uses, thus overnight multiplying the proxy's load by several orders of magnitude. If anyone sees a cloud of smoke over Martlesham Heath, you'll know what's up.
In even more packet pushing news, IPv6 pioneer Iljitsch van Bejnum has an excellent article for Wired on the history and the future of Ethernet.
Telefonica, TeliaSonera, and DTAG have a multilateral roaming agreement for their M2M subscribers, which therefore covers most of Europe in data roaming services for M2M. In other embedded connectivity and wholesale news, LA County's joint blue-light network project is in trouble, with Motorola and Raytheon heading for the courts, and the FDA has opened a consultation on its proposed rules for medical apps.
Everyone seems to love Google + because, unlike most social networks, it built the idea that people control their privacy by keeping different people and things in different contexts right into the application's logic and its user interface design. Google seems to be trying hard to shake them off, though. Last week, it zapped all the + accounts that didn't have a real name or something Google thought looked like one. Outrage ensued. Violet Blue has some sensible suggestions.
The New York Times goes to talk to Microsoft's Bing team, the heart of the Online Services division. It's sympathetic but not particularly revealing, and certainly doesn't reveal anything that's likely to make it a meaningful business soon. Wired says they should stick with it because there are a lot of potential users in India and Mango...sorry...Windows Phone 7.5 might help reach them.
It looks like ISIS has cut Google Wallet out of the game for mobile payments - they're down to only one payments partner, although that is MasterCard - but Google still has the only working device.
Google product watch: Page Speed applies standard optimisations to Web sites and serves them out of Google's CDN.
Some data on Hulu and Netflix usage scenarios. It looks like Hulu users are almost always on a PC, while Netflix reaches a bigger range of devices. Also, gaming consoles are the second-biggest group of user devices for online video. Optus in Australia, meanwhile, has a PVR app for your mobile.
Third-biggest Bitcoin exchange's sysadmin needs to start up a bigger Amazon EC2 machine. Stops first one. Rather, terminates it. Starts second one and tries to hook up the EBS storage volume from the first. Realises all the data in the first EC2 was in RAM somewhere in the Amazon cloud and is therefore gone for good. FAIL.
Slightly annoying something.gb.com/something.uk.com URIs fail as their operator goes dark. SMS propaganda announces death of Taliban leaders. Death near you. Free Libyana's rebel BSC engineers strike again, bringing GSM to Misrata. Here's the HOWTO version.
Dance your way to business success! We saw a movie like that once in the 1980s...right?
And finally, France Telecom has announced that the legendary videotex service, Minitel, is going dark next year. Starting in 1981, the French operator distributed the terminals absolutely free to every household in a bid to replace the paper phone directory, rather like Ericsson invented AXE digital switching to avoid needing the entire adult population of Sweden as operators by 1990. What came next was an explosion of creativity, community, e-commerce before it was called that, and of course, smut.


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CEO Henrik Fisker said his company had several options including buying an existing factory or expanding its partnership with Magna International as a contract manufacturer.
Production of the Ocean electric SUV will begin next month at Magna International production facility in Austria.
“I am looking at bringing Ocean production over to the U.S., and we are looking at some opportunities to produce as early as 2024,” Fisker said in an interview. The U.S. policy shift “has definitely made us think to accelerate because we think this might give us an advantage.”
The US recently passed a new law that limits the eligibility of a tax credit to $7,500 per vehicle for cars assembled in North America. The law was enacted to improve local supply chains. The law also extends to critical battery components, starting with a 50 percent threshold starting next year, and locally sourced minerals.
The law makes electric vehicles not assembled in North America eligible for a tax credit of $7,500 per vehicle. South Korean and European manufacturers have objected to the regulation because it makes their electric vehicles unable to compete on a price basis with electric vehicles manufactured in North America.
As mentioned earlier, Fisker’s Oceans itself is made in Austria and will use batteries from suppliers from China.
To qualify for a tax credit of $7,500 per vehicle, Fisker can work with Magna, which plans to build an electric car factory in the US.
Fisker also has a deal with Foxconn, which will manufacture the Pear model at a Foxconn factory in Lordstown, Ohio. The plant was previously the site of a General Motors production that was taken over from struggling startup Lordstown Motors Corp.
In Austria, Fisker targets production of 50,000 Oceans electric SUVs next year with a monthly production of 7,000 units. Fisker is currently in talks with Magna to increase capacity to 150,000 units.


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Despite concerns April 2015’s riots would damage Baltimore’s housing market for the foreseeable future, recent numbers suggest that’s not happening.
Live Baltimore, an organization that promotes living in the city, using data from Multiple Listing Service, has found sales in May were up from the previous two years.
“There wasn’t the expected negative impact after the unrest. So, anything that we’re reporting now is continued growth on top of  and thus on top of ,” Live Baltimore Executive Director Steven Gondol said. “So we’re looking at not just year-over-year, but two years of growth.”
Standard sales, which do not include foreclosures, short sales and REO properties, were up 16.8 percent from last May. When those transactions are included sales still increased 8.2 percent from the year before. Standard sales in May 2015, just after the riots, increased nearly `11 percent from the year before.
Although spring is usually the best time of year to sell a home, Gondol argues that alone doesn’t account for the bump in sales activity.
He gives most of the credit to a mixture of incentives and tax credits that make home ownership in Baltimore more affordable and attractive. Gondol also said that there’s a good deal of new product — either renovated or new construction — on the market to entice buyers.
The boost in sales has spread to neighborhoods throughout the city:


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The subprime credit card market has plummeted in the past six years, with credit card issuers in the first quarter sending out just 21 million direct mailings for cards that carried fees and offered no rewards. By contrast, issuers sent out 300 million subprime credit cards in the first quarter of 2007, according to data from Mintel Comperemedia. Industry consultant Raj Date, former deputy director of the Consumer Financial Protection Bureau, says that while part of the contraction is good because some consumers were previously using cards with terms they did not understand, the gap left by subprime cards is leading some customers to take out traditional payday loans, which charge higher fees. Non-traditional startups also see an opportunity to fill the hole with products and programs that aim to lend more efficiently and pass the savings on to borrowers or to improve repayment rates by working with employers or payroll providers. "I would love to see improvements in this arena," says Paul Leonard of the Center for Responsible Lending. "I think we have to assess these companies based on what they actually do, and not early reports of what their intentions are."
Web Link - May Require Paid Subscription


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China down on use of Tesla vehicles, citing privacy concerns
People who work for the military, “state-owned enterprises in sensitive industries,” and other government agencies will be barred from driving a Tesla, the Journal says, citing sources with knowledge of the crackdown. The decision came after a “security review” flagged the ability of Tesla’s exterior cameras to constantly record footage. China’s government is concerned that those images can be sent back to the US.
Tesla is the latest company to get caught up in the simmering trade feud between the US and China, as the two countries met this week to resume trade negotiations. Despite the country’s embrace of Tesla and its electric vehicle manufacturing, China President Xi Jinping has sought to move his country away from foreign technology in the interest of promoting domestic enterprises. The decision against Tesla seems to mirror US restrictions against Chinese companies, including smartphone maker Huawei
It also could complicate Tesla’s growth in China, considering how government decisions tend to resonate throughout other industries. Tesla had its first profitable year in 2020, thanks in large part to the company’s popularity in the country. China is the largest market for electric vehicles in the world, and Tesla is the top seller of EVs.
Producing cars in China has long been a goal of Tesla’s. The company first confirmed that it was in talks with the Chinese government to open a factory there in the summer of 2017. China even relaxed its rules regarding foreign manufacturers to give Tesla more leeway. Other major manufacturers, like GM and Ford, already produce cars in China under the joint venture rules.
“Tesla’s privacy protection policy complies with Chinese laws and regulations,” the company said. “Tesla attaches great importance to the protection of users’ privacy.” It also said in-car cameras aren’t turned on for all Tesla vehicles in China.


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Through real-world use case applications with IDEMIA on Hedera, Mastercard, and Carbonseed.Earth, StraitsX provides insight into the benefits stablecoins can bring to commerce and commerce
SINGAPORE – Media OutReach – November 3, 2022 – StraitsX, a major payment institution licensed by the Monetary Authority of Singapore (MAS), today announced that it will be piloting a series of stablecoin applications at the Singapore Fintech Festival (SFF) 2022, which aims to showcase the applications of real use cases of stablecoins and the benefits for exchanges and commerce.
Through collaborations with partners such as IDEMIA, HBAR Foundation, Mastercard, and Carbonseed.Earth, StraitsX has focused on five key benefits of stablecoins: increasing payment efficiency, on-chain and offline programmability offering the interoperability, stimulate financial inclusion and enable sustainable and energy development. efficient operations.
“The digital asset landscape has evolved and is gaining momentum as more companies recognize the benefits of blockchain technology, but there is still untapped potential when it comes to using stablecoins like means of payment in real use case applications. These applications demonstrate how stablecoins can bring more innovation and we are excited to collaborate with industry leaders to explore in depth the benefits of stablecoins to show the viability of using stablecoins in commercial applications such as B2B settlement, offline payments, and sustainability. Aymeric Salley, head of StraitsX.
As part of the stablecoin showcase, StraitsX highlighted three different real-world use case applications with its key partners, which leverage its Singapore dollar stablecoin, XSGD, as a means of payment:
Fostering financial inclusion with IDEMIA on Hedera
To alleviate the issue of unequal access to digital currencies and payments resulting from network and geographic limitations, StraitsX has partnered with IDEMIA, a leading solution provider in identity technologies to leverage the Hedera decentralized ledger, allowing users to transact stablecoins offline. This is powered by IDEMIA’s payment cards and phone-integrated offline payment capabilities that allow users and merchants to transact offline securely. Merchants will then be able to leverage Hedera’s distributed network to receive payments and settle remittances.
This app will not only reduce merchant fees, but also promote financial inclusion by allowing users with limited network access to transact with stablecoins.
“At IDEMIA, we firmly believe that stablecoins are redefining the very fundamentals of the payment ecosystem. We are proud that our ability to innovate has enabled stablecoin payments by leveraging our F.CODE biometric card technology. once again that IDEMIA’s secure offline payment solution has become the de facto standard for stablecoin payments.” said Romain Zanolo, Managing Director APAC at IDEMIA.
“We are thrilled to partner with industry leaders StraitsX and Idemia to help drive financial inclusion in APAC. StraitsX’s upcoming native XSGD stablecoin has been combined with Idemia’s secure offline payment system powered by Hedera smart contracts, to provide a resilient, cost-effective solution, and an energy-efficient alternative to existing digital payment systems. We believe the solution is well-suited to meet the needs of the region.” said Sabrina Tachdjian, Head of Fintech & Payments at the HBAR Foundation.
Activation of XSGD B2B payment with Mastercard
StraitsX and Mastercard, a global payment technology solution, have partnered to enable Mastercard’s crypto partners to use XSGD to facilitate business-to-business settlements.
The current settlement process for crypto card partners is cumbersome and costly due to the requirement to convert crypto to fiat, which places liquidity and operational constraints on card partners. This pilot aims to bridge the digital assets spent by cardholders with the fiat currencies needed to settle with merchants, reducing friction and achieving greater operational efficiency.
“Building on the success of our stablecoin pilots in the US and UK, we are excited to partner with StraitsX to continue pushing the boundaries of digital asset innovation and exploring the real benefits of stablecoins. Piloting a stablecoin settlement application using XSGD marks a significant step forward for our businesses in the APAC region.” said Ashok Venkateshwaran, Vice President of Digital Assets at Mastercard.
Spearheading sustainability in the region with Carbonseed.Earth
To contribute to the larger cause of sustainability, StraitsX has collaborated with Carbonseed.Earth, which builds an incubation infrastructure for carbon projects. This incubation infrastructure leverages stablecoin and IoT technology to enable early stage funding of quality carbon projects by issuing tokenized carbon credits, purchased through XSGD and held in blockchain wallets.
Using Carbonseed.Earth’s monitoring and verification solutions and blockchain wallets to facilitate stablecoin and carbon credit transactions, the app improves price discovery transparency and solves the problem of double counting through smart contract technology. On a larger scale, the app also helps facilitate efficient cross-border value transfers involving tokenized carbon credits.
“CarbonSeed.Earth aims to be the one-stop management platform for companies to go green with hassle-free carbon finance, with services ranging from simple project origination and monitoring, reporting and verification ( MRV) to Market Funding Building on XSGD, we can enable greater transparency, accountability and visibility using the concepts of Purpose Bound Money (PBM) to verify sources of funds and automated verification of steps to unlock payments and rewarding companies as they embark on their green transformation journey.” said Mike Sun, VP Product, CarbonSeed.Earth.
The issuer is solely responsible for the content of this announcement.
StraitsX is the pioneering payment infrastructure for the Southeast Asian digital asset space. StraitsX is a major payment institution licensed by the Monetary Authority of Singapore and part of the Fazz financial services ecosystem that powers business banking services in Southeast Asia. StraitsX offers personal and business account holders to mint and trade StraitsX stablecoins, manage payments, and connect their accounts to digital asset platforms. Business accounts can also access B2B API compatible payment rails for digital asset platforms.


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The realm of PC gaming rumours has been awash with insights into Intel’s gaming GPU plans, from partnerships with Asus, Gigabyte, and MSI to RTX 3070 comparisons. Now, because of newly leaked, albeit blurry pictures, we all know that Intel’s entry-level Alchemist GPU could include 6GB of reminiscence and an unusual structure.
Posted on Chiphell by type consumer Vermicelli, the picture resembles each official and unofficial footage of Intel’s DG2 GPU. Unlike conventional graphics playing cards, the leaked board options off-centre dies, one thing that could make cooling extra difficult. The leaker additionally reveals that the cardboard has a brief type issue and solely attracts 65W of energy. This locations the chip throughout the identical ballpark as Nvidia’s RTX 3060 laptop variant, with related energy necessities and 6GB GDDR6 VRAM.
Admittedly, it’s exhausting to make out any of the leaked GPU’s finer particulars, however Vermicelli goes to the trouble of highlighting the board’s GPU and reminiscence dies. You can even nearly make out the cardboard’s cooler mounting holes, which suggests it’s is designed for desktop gaming PCs.
At the second, it’s exhausting to inform precisely what Intel’s Alchemist line truly has to supply. While earlier stories point out that it could go up in opposition to an RTX 3070, each this newest leak and former stories counsel that it received’t make Nvidia’s mid-range playing cards sweat. However, it’s necessary to notice that this particular leak relies on a supposed ‘entry-level’ GPU, so higher-spec choices could additionally make an look.
As with all rumours, you must in all probability take these Alchemist leaks with a grain of salt. However, if Vermicelli’s findings are legit, we could be taking a look at a compelling graphics choice for mini ITX type builds. That mentioned, the chip association on show right here could be a difficulty, particularly if you happen to’re seeking to enhance fps and squeeze all the pieces right into a tiny, typical case.


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SAN JOSE, Calif. -- Hewlett-Packard is adopting new Fibre Channel over Ethernet chips from Emulex and QLogic in its latest round of data center systems. The move gives a much boost to the upcoming suppliers who face competition from entrenched chip designers including Broadcom, Intel and Marvell.
HP announced its new Fibre Channel over Ethernet (FCoE) products as part of a broad line of new security systems, including network appliances it acquired with Tipping Point. FCoE is seen as the next big step in converging networking, storage and ultimately clustering traffic on Ethernet-based links
On the networking side, HP adopted the Bullet 10G FCoE switch from QLogic, a new device that competes with chips from entrenched suppliers Broadcom and Marvell. One unique attribute of the Bullet is it also supports native Fibre Channel. On the blade server, HP is using a new FCoE LAN-on motherboard chip from Emulex that competes with offerings from Broadcom and Intel.
"HP has really enabled those new players, keeping their vendor base on their toes," said Bob Wheeler, a senior analyst with the Linley Group (Mountain View, Calif.).
The QLogic Bullet is used in the new HP Virtual Connect FlexFabric 10Gb/24-port module for HP's BladeSystem servers. The chip builds in a non-blocking cross bar switch to help support Ethernet, Fibre Channel or iSCSI traffic over a single link. It uses technology QLogic acquired from NetXen.
The Bullet chip is available to other OEMs, but Qlogic has not released its price or power consumption. It plans to use the ASIC as the basis for developing FCoE switching solutions for OEMs, including edge switches, blade switches, I/O modules and top of rack switches.


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|By Business Wire||
|December 18, 2012 11:59 AM EST||
MEMS Industry Group (MIG), a global industry organization with close to 150 member-companies and partners, today announced a line-up of suppliers, partners and end-user companies, all participating in MEMS TechZone, its show-floor experience at the 2013 International CES.
Micro-electromechanical systems (MEMS) are pervasive in smartphones, tablets, game controllers, notebooks, and other popular consumer electronics. From tiny inertial sensors that ‘translate’ motion into the digital realm, miniature microphones that improve voice input and speech recognition accuracy, and personal health and fitness applications that support people living healthier, more independent lives, MEMS devices are embedded by the hundreds of millions in products that we use on a daily basis. And while consumers are using MEMS in record numbers—they aren’t yet a household term, but MIG is looking to change that.
“MEMS devices have been the ‘secret ingredient’ in consumer electronics for far too long,” said Karen Lightman, managing director, MEMS Industry Group. “The 2013 International CES gives us the perfect forum for demystifying a technology that is integral to the consumer experience. CES attendees who come to MEMS TechZone can check out some of the functionality that they appreciate today—and will love and demand from CE products tomorrow. Body motion-tracking, personal diagnostics, gesture recognition and even a wearable sensor and smartphone app that provides feedback on posture and movement are just a few of the demos that CES attendees can experience in our MEMS TechZone.”
Sponsored by Bosch, Bosch Sensortec and Akustica, MEMS TechZone features MEMS suppliers, industry partners and end-user companies:
- Freescale Semiconductor—will feature its 12-Axis Xtrinsic™ Sensor Platform—a comprehensive solution comprised of sensors and sensor-fusion software that makes it easy for ODMs and OEMs to upgrade Microsoft Windows 7-based laptops and tablets to Windows 8.
- InvenSense—will demonstrate a wearable development kit that determines the activity type, and detects changes in elevation and overall calorie burn. InvenSense’s 9-axis, single-chip MotionTracking device is the key enabling technology.
- Kionix—will introduce novel inertial-sensor technologies that drive down current consumption and size for resource-constrained portable devices.
- LUMOback—will demonstrate its wearable sensor and smartphone app that mimics the wearer’s movements and posture in real time, capturing that information when the wearer sits, stands, walks, runs and sleeps.
- Sensor Platforms—will showcase its FreeMotion™ library, the first plug-and-play sensor hub that supports both Windows 8 and Android—without requiring developer modifications. FreeMotion is also hardware-agnostic, working both on sensor hubs and application processors.
- WiSpry—will give CES attendees a ‘hands-on’ experience with its RF-MEMS devices in mobile phones—showing how its technology promotes longer battery life and reduces dropped calls.
- X PRIZE Foundation—will promote the $10 million Qualcomm Tricorder X PRIZE and $2.25 million Nokia Sensing X Challenge—competitions that will help to revolutionize personal healthcare by making sensing and diagnostic assessment technologies available directly to consumers.
- Xsens—will demonstrate sensor-fusion software for real-time 3D body-motion tracking based on multiple wireless, wearable motion-sensor nodes. The technology digitizes the wearer’s motion for applications in sports, fitness, healthcare and gaming and is available for licensing. Xsens will also present low-power 9D/10D motion sensor-fusion for “always on” motion tracking on mobile devices such as smartphones and tablets.
For More Information
MEMS TechZone takes place from January 8-11, 2013 during 2013 International CES exhibition hours, and is located at the Las Vegas Convention Center (LVCC) South Hall 2, Booth 25321.
MIG will also host a half-day MEMS conference session and keynote on January 8, 2013 from 9:00 a.m.-12:00 p.m., LVCC, North Hall, Room N264.
To arrange an interview with MIG Managing Director Karen Lightman or schedule a tour of MEMS TechZone, please contact: Maria Vetrano, media relations, MEMS Industry Group, tel: +617.876.2770, email: maria[at]vetrano.com.
About MEMS Industry Group
MEMS Industry Group (MIG) is the trade association advancing MEMS across global markets. Close to 150 companies comprise MIG, including Analog Devices, Applied Materials, Bosch, Freescale Semiconductor, GE, Honeywell, HP, Intel, InvenSense, Murata Electronics Oy, OMRON Electronic Components, Qualcomm Technologies, STMicroelectronics and Texas Instruments. For more information, visit: www.memsindustrygroup.org.
MEMS Industry Group and the MEMS Industry Group logo are registered trademarks of MEMS Industry Group. All other product and company names are trademarks or registered trademarks of their respective holders.
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
May. 29, 2015 03:45 PM EDT Reads: 5,075
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In this session, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, will describe how to revolutionize your architecture and...
May. 29, 2015 02:33 PM EDT Reads: 448
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
May. 29, 2015 02:00 PM EDT Reads: 6,860
We’re entering a new era of computing technology that many are calling the Internet of Things (IoT). Machine to machine, machine to infrastructure, machine to environment, the Internet of Everything, the Internet of Intelligent Things, intelligent systems – call it what you want, but it’s happening, and its potential is huge. IoT is comprised of smart machines interacting and communicating with other machines, objects, environments and infrastructures. As a result, huge volumes of data are being generated, and that data is being processed into useful actions that can “command and control” thi...
May. 29, 2015 02:00 PM EDT Reads: 1,210
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be
May. 29, 2015 01:15 PM EDT Reads: 3,061
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will want to use their existing identities, but these will have credentials already that are (hopefully) i...
May. 29, 2015 01:00 PM EDT Reads: 4,765
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
May. 29, 2015 01:00 PM EDT Reads: 2,460
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
May. 29, 2015 01:00 PM EDT Reads: 7,510
Thanks to widespread Internet adoption and more than 10 billion connected devices around the world, companies became more excited than ever about the Internet of Things in 2014. Add in the hype around Google Glass and the Nest Thermostat, and nearly every business, including those from traditionally low-tech industries, wanted in. But despite the buzz, some very real business questions emerged – mainly, not if a device can be connected, or even when, but why? Why does connecting to the cloud create greater value for the user? Why do connected features improve the overall experience? And why do...
May. 29, 2015 12:42 PM EDT Reads: 697
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurring their adoption by amplifying "faint signals" from the alpha geeks who are creating the future. An active participa...
May. 29, 2015 12:30 PM EDT Reads: 1,321
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust IT industrialization – allowing customers to provide amazing user experiences with optimized IT per...
May. 29, 2015 12:15 PM EDT Reads: 1,628
Imagine a world where targeting, attribution, and analytics are just as intrinsic to the physical world as they currently are to display advertising. Advances in technologies and changes in consumer behavior have opened the door to a whole new category of personalized marketing experience based on direct interactions with products. The products themselves now have a voice. What will they say? Who will control it? And what does it take for brands to win in this new world? In his session at @ThingsExpo, Zack Bennett, Vice President of Customer Success at EVRYTHNG, will answer these questions a...
May. 29, 2015 12:13 PM EDT Reads: 684
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
May. 29, 2015 12:00 PM EDT Reads: 2,675
The Internet of Things is a misnomer. That implies that everything is on the Internet, and that simply should not be - especially for things that are blurring the line between medical devices that stimulate like a pacemaker and quantified self-sensors like a pedometer or pulse tracker. The mesh of things that we manage must be segmented into zones of trust for sensing data, transmitting data, receiving command and control administrative changes, and peer-to-peer mesh messaging. In his session at @ThingsExpo, Ryan Bagnulo, Solution Architect / Software Engineer at SOA Software, focused on desi...
May. 29, 2015 11:00 AM EDT Reads: 4,467
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...
May. 29, 2015 11:00 AM EDT Reads: 6,159
The multi-trillion economic opportunity around the "Internet of Things" (IoT) is emerging as the hottest topic for investors in 2015. As we connect the physical world with information technology, data from actions, processes and the environment can increase sales, improve efficiencies, automate daily activities and minimize risk. In his session at @ThingsExpo, Ed Maguire, Senior Analyst at CLSA Americas, will describe what is new and different about IoT, explore financial, technological and real-world impact across consumer and business use cases. Why now? Significant corporate and venture...
May. 29, 2015 10:50 AM EDT Reads: 750
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile devices as well as laptops and desktops using a visual drag-and-drop application – and eForms-buildi...
May. 29, 2015 10:00 AM EDT Reads: 5,856
While great strides have been made relative to the video aspects of remote collaboration, audio technology has basically stagnated. Typically all audio is mixed to a single monaural stream and emanates from a single point, such as a speakerphone or a speaker associated with a video monitor. This leads to confusion and lack of understanding among participants especially regarding who is actually speaking. Spatial teleconferencing introduces the concept of acoustic spatial separation between conference participants in three dimensional space. This has been shown to significantly improve comprehe...
May. 29, 2015 10:00 AM EDT Reads: 3,690
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.
May. 29, 2015 09:45 AM EDT Reads: 1,111
The enterprise market will drive IoT device adoption over the next five years. In his session at @ThingsExpo, John Greenough, an analyst at BI Intelligence, division of Business Insider, will analyze how companies will adopt IoT products and the associated cost of adopting those products. John Greenough is the lead analyst covering the Internet of Things for BI Intelligence- Business Insider’s paid research service. Numerous IoT companies have cited his analysis of the IoT. Prior to joining BI Intelligence, he worked analyzing bank technology for Corporate Insight and The Clearing House Pay...
May. 29, 2015 09:36 AM EDT Reads: 689


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UK Bans Gambling on Credit Cards
From 14th April, UK players will no longer be able to gamble online or offline using credit cards.
The UK Gambling Commission has announced the ban on gambling with credit cards as a move to protect potential problem gamblers and cut down on irresponsible gambling that leads to financial harm.
The new legislation will come into play 14th April 2020, by which time all UK gambling sites, betting shops, and casinos must have removed the ability to gamble using a credit card from their business.
Will the ban apply to online bingo?
The ban applies to all UK online and offline gambling including online bingo, online slots and casino, and high street betting shops.
The only exception will be certain lottery products, like the National Lottery.
Why has this ban been brought in?
The move is based on the Responsible Gambling Strategy Board’s announcement that “gambling with borrowed money, including with a credit card, is a well-established risk factor for harmful gambling as it significantly increases the risk that consumers will gamble with more money than they can afford”.
Following this, the UKGC then researched gambling with credit cards to gather more data. They contacted a variety of sources, including:
- Customers harmed by credit card gambling
- Members of the public
- Charities that support problem gamblers
- High street bookmakers
- Online gambling operators
- E-wallet providers
- And more
The UKGC’s research found that credit cards are disproportionately used for gambling by individuals who are experiencing harm.
In their online survey, more than a fifth of gamblers who used credit cards were problem gamblers.
How does this affect how you can play online?
From April 14th, players can still deposit using debit cards, e-wallets (but not by using a credit card), mobile bill, and more.
Credit cards will no longer be allowed when gambling online or offline.
To see which sites accept other payment methods like PayPal, Neteller, and Phone Bill, check out Bingo Sites by Payment Type.


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- 4 min read
Policy Recap : Top 10 announcements by RBI in FY23
Financial Year 2023 was a crucial year for the Indian Economy with important regulatory decisions, policy tightening, Ukraine war, rupee touching its lowest, high interest rates, geopolitical tensions and much more. ETBFSI collates and brings to you the top 10 decisions announced by the Reserve Bank of India in FY23 :
FY23 has been a highly active year, especially for the regulators, and throughout this financial year, the Reserve Bank of India has taken many key decisions in favour of the Indian Economy.
The Indian economy appears to have moved on after its encounter with the pandemic, staging a full recovery in FY22 ahead of many nations and positioning itself to ascend to the pre-pandemic growth path in FY23, the Economic Survey 2023 highlighted with optimism.
Here are RBI's top 10 announcements for FY23 :
1) India hiked repo rates by a total of 290 bps this financial year
The RBI has been proactive with monetary policy tightening this financial year and has raised policy rates as much as six times this year to keep the Indian Economy on the right track.
The Reserve Bank of India has hiked its repo rates six times in a row this financial year, taking the final mark to 6.5 percent. Prioritising inflation over growth, the RBI has effectively raised rates by a total of 290 basis points since April 2022.
2) RBI's 123Pay and Rupay Credit Cards Initiative
In the beginning of FY22, the Apex Bank's governor, Shaktikanta Das announced the launch of UPI123 Pay, to expand the scope of offline digital payments. The service would allow 40 crore feature phone users across India to access the payment service.
Another move taken by the regulator was the launch of Rupay Credit Cards in September. Until now, only debit cards were allowed to be linked with UPI. With the linkage of RuPay Credit Card on UPI, customers would have an additional option to use their credit cards.
3) CBDC Launch - A mega move by the Indian Apex Bank
The Reserve Bank of India launched the first pilot of retail CBDC on December 01, 2022 while it introduced the pilot of wholesale CBDC on October 31, 2022. The first phase of the retail CBDC pilot initially covered four cities across India — New Delhi, Mumbai, Bhubaneswar and Bengaluru. Customers and merchants can use the CBDC to make transactions.
4) RBI's big move in lending — Introduction of the Digital Lending Guidelines
With increasing number of digital loan frauds, consumer harassment, exploitation of data, etc, the Reserve Bank of India in FY23 resorted to bring out strict guidelines for lenders to follow, to help curb frauds in the ecosystem.
The Apex Bank had issued guidelines for digital lending apps and even for banks to follow, to protect consumer data.
5) Expansion of scope of TReDS platform
The Reserve Bank of India during its recent MPC meet proposed to expand the scope of TReDS by providing insurance facility for invoice financing, permitting all entities and institutions to undertaking factoring business to participate as financiers in TReDS and permitting rediscounting of invoices.
6) RBI's big announcement in payment space - 'Tokenisation'
After various complaints being filed against the misuse of debit and credit cards, the Reserve Bank of India had announced its card-on-file tokenisation norms which came into effect from October 1.
According to the RBI mandate tokenisation would replace actual card details with an alternate code called the “token", which shall be unique for a combination of card, token requestor.
7) RBI's tightened noose on Prepaid Payment Instruments (PPI)
The Reserve Bank of India (RBI) in June barred all non-bank prepaid payment instrument (PPI) issuers from loading credit lines. The central bank directed PPIs to stop this practice immediately if not done already.
8) RBI allows non banks to borrow & lend G-securities
The Central Bank proposed to permit lending and borrowing of government securities. This would provide investors with an avenue to deploy their idle securities, enhance portfolio returns and facilitate wider participation. It would also add depth and liquidity to the g-sec market.
9) QR code based coin lending machine
During its MPC meet on Wednesday, RBI Governor Shaktikanta Das announced the pilot project for installation of QR code based coin vending machines across 12 cities in India to enhance the ease of access to coins.
Customers will have the option to withdraw coins in required quantity and denominations from the QR based Coin Vending Machines.
10) RBI expands scope of UPI for international travellers
To boost the payment instrument further globally, RBI governor Shaktikanta Das announced an important measure that the Reserve Bank has taken — of expanding the scope of UPI for international travellers.
The Central Bank proposed to permit all inbound travellers to India to use UPI for their merchant payments (P2M). This facility would be expanded to travellers from G20 countries arriving at select international airports.


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This summer marks the 14th year for the Georgetown Farmers Market, which has been located along Route 57 for every one of those years.
Each summer Sunday, from 10 to 2, a multitude of farmers and craftsmen bring their wares to a parking lot at the corner of Route 57 and Old Mill Road in Georgetown. Longtime organizer Gail Brookover counts baked goods, dog treats, household goods, fresh veggies, and Connecticut-raised meats among the products offered at the market.
Ms. Brookover said the sense of community at the farmers’ market makes it a special place to spend an afternoon. Many farmers’ markets are marked by competition between stands, but this is no where to be found in Georgetown, she said.
“I hand pick every farmer here,” Ms. Brookover said, “We all enjoy each other’s company and look forward to seeing each other.”
She operates a booth herself, selling her Blackbird Baked Goods. Her offerings include a long list of bakery staples, including pies and cupcakes that have drawn a following in the Georgetown area.
“My son and I have been coming to get Gail’s pies every Saturday for about 22 years now,” said Eleanor Fraser of Weston, while referencing a time when Ms. Brookover sold pies at other, older farmers’ markets.
Goatboy Soaps, a New Milford-based company that sells goat’s milk soap products, began with a “mom’s search to help her son, who was born with severe food allergies, and unable to tolerate cow’s or soy milk,” said owner Lisa Agee. Bobby Agee had to drink goat’s milk.
His friends and family took to calling him Goatboy when his interest in goats became more than a medical issue, but also a business venture. The Agees have now operated the Goatboy Soap for 10 years.
Eaglewood Farms, based out of Barkhamsted, is also at the market most Sunday mornings with a complete line-up of beef and pork products. Stephanie Bass of Eaglewood Farms, said that among the farm’s specialties are hot Italian and andouille sausages. All are made from farm-raised pork.
The Georgetown Farmers’ Market will be open through Oct. 28. For information, visit georgetownctfarmersmarket.com.


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CBSN Boston Officially Launches
BOSTON—CBSN, CBS’ direct-to-consumer streaming news service that will provide a local focus, has launched in its third market, Boston, on Tuesday, Sept. 24. The new CBSN Boston streaming service offers 24/7 anchored programming, coverage of live breaking news events in the region and a library of local news content that is available for on-demand viewing.
This is the third market that CBSN has launched its service in, following CBSN New York in December 2018 and CBSN Los Angeles in June of this year.
CBSN Boston lineup consists of live streams of WBZ-TV’s newscasts, as well as one-hour newscasts at 7 a.m. and 1 p.m. that are produced exclusively on the platform each weekday. The streaming platform will also have an 8 p.m. newscast that will be simulcast by WBZ-TV’s sister station, WSBK-TV.
CBSN Boston is available to viewers through the CBSN, CBSNews.com, on the CBS News apps for mobile and connected TVs or through CBSBoston.com and the CBS Local mobile app.
“The combined resources of CBS Television Stations and CBS Interactive are placing our CBSN Local services at the forefront of addressing consumers’ interest in receiving local, relevant and useful information on all platforms,” said Adam Wiener, executive vice president and general manager of CBS Local Digital Media. “With today’s launch in Boston we continue moving forward with an accelerated plan to launch CBSN Local services in all of our local news markets.”
CBS already has plans to launch its next CBSN service in San Francisco sometime during the fourth quarter of 2019. It will launch in nine more markets in 2020, including Chicago, Dallas-Ft. Worth, Philadelphia, Minneapolis-St. Paul, Denver, Miami, Sacramento, Pittsburgh and Baltimore.
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Fast-food chain Panda Express sold more than 1,300 pounds of vegan orange chicken on July 26, the first day it launched the limited-time option made in partnership with vegan brand Beyond Meat. The first product collaboration on the Panda Express menu, the vegan Beyond The Original Orange Chicken (BTOOC) was crafted to closely mimic the chain’s popular chicken-based entrée, which has been on the Panda Express menu since 1987 and now makes up one third of the entire business.
Panda Express launched the BTOOC in a handful of test locations in the greater New York City and Los Angeles areas. After two weeks, all 10 locations in Southern California have sold out of the vegan orange chicken and limited amounts are still available in NYC.
“We are thrilled with the positive guest response around Beyond The Original Orange Chicken and are humbled to share that our SoCal restaurants sold out in less than just two weeks,” a spokesperson for Panda Express told VegNews. “The excitement from our guests is unparalleled, and it’s one of our most successful regional launches to date at Panda.”
Panda Express launched the BTOOC in a limited run to ascertain its viability on a national level and make adjustments based on consumer feedback. “We are exploring a potential wider future rollout for Beyond The Orange Chicken with the insights from this regional launch and will keep our guests updated on availability,” the spokesperson said.
In addition to BTOOC, other vegan-friendly options at Panda Express include Super Greens Mixed Vegetables along with chow mein, white rice, and brown rice. Panda Express does not advertise any of its items as “vegan” due to cross-contamination concerns.
Vegan chicken is selling like hotcakes
Panda Express’ sell-out success of BTOOC is the latest proof that consumers are clamoring for vegan chicken worldwide. One of the best-known chicken chains in the world, Kentucky Fried Chicken, has witnessed the popularity of vegan chicken firsthand in several regions.
Stateside, KFC also partnered with Beyond Meat to create the vegan Beyond Fried Chicken, which it initially offered at one Atlanta location in 2019. Wrapped in all green Beyond Meat branding, the location opened its crowds that wrapped around two city blocks and y blocks and bumper-to-bumper cars that looped twice around the drive-thru. The Atlanta KFC location sold out of Beyond Fried Chicken in less than five hours prompting KFC to expand the test to other regions in 2020. The chain has yet to expand the vegan fried chicken nationally.
In Canada, KFC partnered with Lightlife Foods in 2019 on a similar limited launch of Plant-Based Fried Chicken—prepared in two ways: Plant-Based Fried Chicken Sandwich and Popcorn Chicken (both of which are cooked in a separate fryer that is also used for French fries). The vegan options were available at one test restaurant in Mississauga, ON for one day and sold out within six hours of launch. KFC rolled out the Plant-Based Fried Chicken sandwich (in original and spicy) at its stores across Canada last August. “When we tested Plant-Based KFC by Lightlife late last year, we sold over a month’s worth of sandwiches in six hours,” Samantha Redman, Chief Marketing Officer, KFC Canada, said. “Seeing the extraordinary demand for Plant-Based KFC, we worked quickly to bring these menu items to our restaurants across Canada.”
KFC in the United Kingdom launched a vegan burger (then called “The Imposter”) at select outposts and sold out of the burgers within four days. Last January, KFC added the Vegan Burger—made with a Quorn filet coated with the Colonel’s Original Recipe herbs and spices, vegan mayonnaise, and lettuce, and served on a vegan bun—to the permanent menu at all 900 UK locations. After one month, KFC sold one million vegan chicken burgers, the equivalent of one vegan burger every three seconds.
In China, KFC also offered vegan chicken for a limited time last year and customers flocked to try the new cruelty-free option. KFC partnered with agribusiness giant Cargill to create vegan chicken nuggets which it offered at three locations in Shanghai, Guangzhou, and Shenzhen for a limited time. Due to the COVID-19 pandemic, the nuggets were available through a presale coupon priced at 1.99 yuan ($0.28) for five pieces of plant-based chicken. All of the coupons were gone within an hour of launch in Shanghai and more than 7,000 coupons were sold over a four-day period.


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Shares of upstart software-as-a-service (SaaS) provider PagerDuty (NYSE:PD) and gene therapy company Adverum Biotechnologies (NASDAQ:ADVM), with a potentially hot product in testing, are rocking and rolling today. Two of our Motley Fool contributors tell you why -- and why there's a good reason to think the uptrend can continue. On the other hand, according to another contributor, the stock of industrial Albemarle (NYSE:ALB) has hit a rough patch -- except the lithium maker's business continues to put up good numbers, which suggests investors are missing something here. These growth stocks are all worth looking at right now. You might find one or more is worth adding to your portfolio today.
My money is on this coding problem solver
Brian Stoffel (PagerDuty): Once you get past the '90s-era name, there's a lot to like about PagerDuty. The company is a software-as-a-service player offering monitoring and management of technological problems that arise in any business.
In today's business climate, you cannot afford to have buggy websites. Imagine how much business you might lose if the "Buy" button doesn't work on your website. That's where PagerDuty comes into play. The company collects data signals from all of a company's applications and servers, uses artificial intelligence and machine learning to pinpoint the problem, and notifies only the people who can fix it.
This has become a fast-growing business. The number of customers with annual subscription accounts of $100,000 or more jumped 51% in the first quarter -- PagerDuty's first as a public company -- to 242. Just as important, dollar-based net retention held relatively steady at 137%.
For those unfamiliar with the metric, this measures the total amount of revenue one cohort of customers brings in from year to year -- while filtering out the effect of new customers. Because the rate is well above 100%, we know that customers are not only sticking with PagerDuty, but adding more solutions over time, creating a wide moat in terms of high switching costs. Such a moat is a key trait of fast-growing companies worth putting your money behind.
A red-hot gene therapy play
George Budwell (Adverum Biotechnologies): The clinical-stage gene therapy company Adverum Biotechnologies has been one of the hottest biotech stocks this year, with its shares appreciating by a whopping 376% over the first half of 2019. What's all the fuss about?
Apart from the fact that nearly every gene therapy stock has been going gangbusters this year thanks to the high level of buyout interest in the space, Adverum's shares have also gotten a boost from its experimental wet age-related macular degeneration (AMD) treatment dubbed ADVM-022. While the company has yet to release any granular details regarding the trial's progress, we do know that ADVM-022's safety record in its ongoing early-stage trial hasn't raised any alarm bells. And the therapy has also reportedly produced some encouraging signs of efficacy, even at its lowest dose.
What's the big deal? If ADVM-022 ultimately pans out, it could be a major improvement in the standard of care for wet AMD. As things stand now, elderly patients with impaired vision currently have to visit clinics every four to eight weeks to receive treatment. ADVM-022, by contrast, is designed to be a one-time treatment, which should greatly enhance compliance among wet AMD patients.
So while it's still early days for Adverum and its lead product candidate, there's a chance that the company could eventually have a megablockbuster product in hand. This developmental biotech stock, in turn, should have a lot more room to run based on ADVM-022's monstrous commercial opportunity.
Time to show this stock a little love
Reuben Gregg Brewer (Albemarle): Every major automaker is building an electric vehicle. Even heavy vehicle manufacturers are getting in on the act. That is what's driving the huge demand for lithium, a key industrial metal used in batteries. Albemarle is a major global supplier of lithium. While its shares have been cut in half since peaking in late 2017, its growth prospects remain very bright.
The steep stock price decline is largely related to investor sentiment. A few years ago Wall Street couldn't get enough of the lithium story and the stocks associated with the metal, like Albemarle. And then investors moved on and dumped lithium and anything related to it. But the story really hasn't changed all that much.
Albemarle believes lithium demand will increase at a compound annual rate of 21% between 2018 and 2025. Vehicles are the main driving force. To meet that demand, it is looking to more than double its lithium production capacity over the next three years.
But this isn't a one-trick pony. The company also produces bromine (27% of adjusted earnings before interest, taxes, depreciation, and amortization) and catalysts (25%) for the energy industry. It is using that solid foundation to expand its lithium business. And, despite building out its lithium operations, it remains highly profitable, with projected sales growth of between 9% and 15% in 2019 expected to drive an adjusted earnings advance of between 12% and 20%. When all is said and done, this out-of-favor growth stock is worth putting on your buy list today if you believe electric vehicles are the future of transportation.


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The beta version of iOS 15.4 has been released, and it includes a slew of new features and adjustments.
Despite the fact that iOS 15 was launched in the autumn, Apple is still working on the iPhone’s software. A new privacy
release of iOS 15, allowing you to view films or listen to music with other FaceTime callers while using SharePlay.
A new beta version of iOS 15.4 has been out for a few weeks now, and it’s already a significant upgrade over iOS 15. iOS 15.4 introduces


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When it comes to investment and acquisition opportunities, the tech sector looks set to come out on top in the wake of the coronavirus pandemic, ...
Reseller News Hall of Fame inductees are stepping up to lend a helping hand to the local channel industry as it navigates the ongoing disruptions ...
IT services provider CodeBlue has taken on former HPE New Zealand director of channels, mid-market and SMB Cedric Edwards as its new general manager in ...
Changes to HPE's product portfolio strategy, go-to-market configurations, supply chain structures and more are on the cards after the vendor decided to embark on a ...
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A look inside the comprehensive remote training and certifications options now available via the AWS partner network
The way we work is rapidly changing, which is why AWS have made it even easier to build your AWS Cloud skills. From hundreds of free, self-paced digital courses to virtual classroom training led by AWS experts, AWS Training and Certification provides flexible ways for you to learn.. Read more
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While individual buyers might pick the device for its looks, the S8 will rely on the latest Knox 2.8 security and management.
The Samsung Galaxy S8 and S8+ are two stunning devices for consumers, but business users and IT departments will find a lot to love about the new smartphones, too.
You won’t find many public references by Apple to its Mobility Partner Program, an expanding effort by the company to unite with software developers/integrators to boost sales of iPhones and iPads to businesses. But the veil of secrecy surrounding the program is thinning.
Apple can no longer ignore cries of help from its enterprise customers. Call them marriages of necessity, but Apple is striking corporate deals that make it more friendly to CIOs. We look at five of those partnerships.
Although Apple has recently implied that its iPad Pro tablet could replace a PC, the nascent ad campaign does not signal a change in strategy.
Windows 10 will be supported until Oct. 14, 2025 — unless your computer has a Clover Trail CPU. Then you’re out of luck.
The company is in the midst of a great transition, and current indications are that it is going well.
With the arrival this week of the iPad Pro, Apple launches a salvo in the hybrid, 2-in-1 wars. It's clearly a great tablet, but will it replace a laptop?
Its Live Photos and 3D Touch are especially delightful.


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Both major supermarkets are feeling the strain of the east coast Covid-19 outbreaks, with thousands of staff forced to isolate and positive cases at distribution centres leaving some supermarket shelves bare.
Coles’ chief operations officer, Matthew Swindells, told Guardian Australia that at last count, 1,800 staff in New South Wales were in isolation and 1,200 more in Victoria, confirming localised disruptions to supply were now commonplace.
“What you’re seeing is just this gradual reduction in workforce size in manufacturing, distribution and in stores. Depending upon which store you then go to, you can see material impacts in availability.”
Swindells said that while measures like segregating the workforce into “Covid bubbles” were mitigating the worst of the disruptions, distribution centre teams were being taken out of action and that had the most direct effect on supply.
“They’re what I would describe as tactical issues – they’re at a point in time, and then you can recover it. But we were just getting them more often, so customers and team members would see a higher frequency of issues in stores.”
Fortunately the shortages were generally short-lived, Swindells said.
“It moves quite quickly. We improved fresh food availability in NSW this week … but at the same time I know that there are 20 or so stores that, at a store level, got worse. And part of the challenge for the team is that could change again tomorrow. It’s a bit like supply chain whack-a-mole. But we just keep going.”
The Sydney outbreak, in particular, has necessitated a major overhaul of Coles’ distribution strategy.
“We have never used our national network to supply before … Normally the NSW DCs [distribution centres] supplies NSW stores and Queensland DCs supply Queensland stores,” Swindells said. “Right now we’re looking at every single state helping to supply New South Wales, including Tasmania. That’s unheard of.”
Woolworths has also reported around 3,300 staff isolating and out of action, with CEO Brad Banducci stating in an email sent to all customers that employees were “feeling the impacts of Delta very directly”.
Banducci confirmed its Sydney distribution centres – all of which are located in the western hotspot local government areas – have also been affected, resulting in stock shortages.
“You may have noticed some gaps on the shelf this week, or substitutions in your online order,” he wrote.
“Unlike 18 months ago, this is less to do with surges in customer demand (AKA ‘the toilet paper wars’) and more because of the extra pressure on our distribution centres, with over 500 of those team members needing to self-isolate as close or casual contacts. The good news is that these team members, having tested negative, are starting to be cleared to come back to work.”
A spokesperson for the Woolworths group confirmed this number was now down to “fewer than 200”. These disruptions have resulted in Woolworths automatically allowing product substitutions for NSW and ACT online orders due to “demand pressure”.
“We know this isn’t ideal, but it does mean there’s less chance of missing out on an essential item. We’ll revert to your preference as soon as we possibly can,” Banducci wrote.
He also confirmed that the rollout of a new collectibles line, Bricks, would be delayed in NSW and ACT stores “to help those teams prioritise food and essentials”.
Looking towards the future, Swindells said that given the seemingly low rates of transmission in supermarkets and rising vaccination numbers, governments should start considering how contact tracing and isolation methods could be adjusted.
“We do need to start thinking about the processes and the risk versus the disruption … we don’t have a high number of people that contract Covid in the supermarket, nor do we have a high number of team members that contract Covid in a supermarket,” he said.
NSW Health recently stopped listing, or issuing blanket isolation orders for, every low-risk exposure site in greater Sydney, which often included supermarkets. Swindells said Coles was in close contact with every state health department but this change was not the result of these conversations.
The Coles executive also warned that Australia should “understand and learn from the ‘pingdemic’” overseas, referring to a period several weeks ago in the UK where the National Health Service contact-tracing app was “pinging” so many fully vaccinated people, telling them to isolate, that it caused workforce shortages, and potentially a drop in the app’s usage.
“They didn’t see the benefit of that vaccination plan,” Swindells said. “We need to learn from that and understand ‘what is our new norm?’… so when we are vaccinated, there is a return to some sense of normal operating standards. I think that’s the key.”
A spokesperson for Woolworth confirmed rapid antigen testing had now been rolled out across all Sydney distribution centres to help avoid outbreaks and that “more than 80%” of all NSW distribution centre staff had now had at least one vaccine dose.


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Fortunately, a new study conducted by LegalZoom and the Ewing Marion Kauffman Foundation offers some fresher data. The Startup Environment Index 2012 surveyed 1,431 business owners who formed their companies in 2012. This is significant because it paints a picture of exactly who these post-recovery entrepreneurs are, the types of businesses they're starting and how they're financing and launching their businesses.
Here are six key findings that capture the current state of the startup:
People aren’t jumping impulsively into entrepreneurship. The majority (60 percent) of entrepreneurs surveyed spent more than six months developing their business idea before they officially formed a business. In fact, 21 percent spent one to three years planning their idea, and 14 percent spent more than three years gestating it. Just 9 percent spent less than a month working out their idea before legally forming a business.
RELATED: Does Buying a Franchise Guarantee Success?
Entrepreneurs know the stakes. While launching a business can happen faster than ever in a technical sense—you can start from home and use virtual contractors—entrepreneurs are still taking their time. Would-be entrepreneurs are well aware that there’s a lot of competition; they’re also reluctant to let go of secure, paid employment until they’re confident their startup idea has been well thought out.
The owners are experienced. While we often think of millennials launching startups, in reality those in their 30s and 40s started businesses at a far higher rate than other age groups. In addition, the majority of startups had six or more years of previous experience in their chosen industries—and 44 percent had started companies in the past.
Financial issues are holding some startups back. Although 40 percent of the respondents reported facing no regulatory or policy barriers at all, 60 percent said they did have challenges in these areas. Specifically, high taxes, tax complexity, the cost of licensing and the risks and costs of dealing with lawsuits were all cited as problems.
Of course, the biggest financial issue holding startups back is the same one that’s hindering businesses of all sizes: continued economic uncertainty, cited by 55 percent of entrepreneurs in the survey.
RELATED: Happy Canes: At 89, This Kickstarter Grandma is Starting a Business
Startups can be low cost. Not surprisingly, the 10 most popular startups are businesses that can be started for a very low cost, including working from home. The 10 most popular startup industries are:
- Services, other
- Technology, Internet (e-commerce, websites)
- Real estate
- Services, business
- Retail store
- Services, home
Financing begins at home. Speaking of the economy, how are startups financing their business launch? The vast majority (80 percent) used personal funds of some type. Ten percent financed the startup using credit cards; 6 percent tapped into their retirement savings, for example, by borrowing against their 401(k) accounts; and 5 percent got loans from family members. Only 6 percent received money from other outside investors, and a mere 4 percent reported using bank or home equity loans to obtain startup capital.
For at least some of the entrepreneurs, personal financing seems to be more out of necessity than desire. Among businesses that had more than five employees, food and beverage service, healthcare and manufacturing were among the top 10 businesses started—which can be costly to launch. And of the 60 percent of respondents who said their businesses were facing challenges, 45 percent said a key challenge was not having access to the credit they need. Clearly, too many nascent businesses are hampered from the get-go by lack of outside capital.
Read more articles on starting a business.
Photo: Getty Images


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FDA Commissioner Gottlieb issued a statement on upcoming ENDS policy changes.
The U.S. Food and Drug Administration (FDA) Commissioner Scott Gottlieb, who recently resigned, issued a statement on advancing upcoming e-cigarette policy changes.
The FDA is proposing:
- to end current compliance policy as it applies to flavored electronic nicotine delivery system (ENDS) products such as electronic cigarettes (other than tobacco-, mint- and menthol-flavored products)
- to prioritize enforcement of such products offered for sale in ways that pose a greater risk for minors to access these tobacco products.
- manufacturers of all flavored ENDS products (other than tobacco-, mint- and menthol-flavored) that remain on the market under these new conditions to submit premarket applications to the agency by Aug. 8, 2021.
“Today’s draft guidance states our expectation that manufacturers of all flavored ENDS products (other than tobacco-, mint- and menthol-flavored) that remain on the market under circumstances to limit youth access and appeal also submit their premarket applications by Aug. 8, 2021,” said Gottlieb. “This is an important change in our expectations and enforcement priorities. For all flavored ENDS products, including any that continue to be offered for sale under circumstances involving heightened age verification, the FDA expects manufacturers to prepare and submit applications that demonstrate these products meet the public health standard by Aug. 8, 2021.”
The FDA cited a recent increase in e-cigarette use among youth, which had appeared to be leveling off at the time the comprehensive plan was first announced in July 2017, as a threat to the progress made in reducing youth tobacco use.
This prompted the FDA to review its policies and regulatory priorities.
Because of these policy changes, the FDA expects:
- Some flavored e-cigarette products to no longer be sold at all.
- Other flavored e-cigarette products that continue to be sold will be sold only in a manner that prevents youth access, while premarket authorization for these products is sought from the FDA by 2021.
- Some flavored cigars will no longer be sold.
“With the support of the Secretary of Health and Human Services Alex Azar, and President Donald Trump, the FDA is proposing to end our current compliance policy as it applies to flavored electronic nicotine delivery system (ENDS) products (other than tobacco-, mint- and menthol-flavored),” said Gottlieb.
The agency will continue its efforts aimed at enforcement and education and will release a TV ad aimed at educating children about the risks of e-cigarettes.
The FDA will review comments and implement the policies 30 days after the guidance is finalized.
“However, we’re hopeful manufacturers and retailers will begin taking voluntary steps to further curb youth access to and appeal of these products,” said Gottlieb. “As we’ve said before, responsible manufacturers certainly don’t need to wait for the FDA to finalize policies to act. They can immediately stop certain marketing and sales practices—the ones we believe contribute to the problem of youth access and youth appeal. Likewise, manufacturers need not wait to submit premarket tobacco product applications for ENDS products, flavored or otherwise.”


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Moss is often considered a nuisance, something that clogs up drains and covers over paths. But to Marie Brøns Nørgaard, it’s something very useful indeed.
Nørgaard, 24, leads a Danish startup called TychoBio, which is developing greener ways to produce several chemicals found in perfumes, shampoos, and pharmaceutical drugs.
“We reprogram the moss at a genetic level,” she explains. “Then we can grow the compounds in the moss and sell them to pharmaceutical companies and fragrance companies.”
TychoBio’s first product is a substance called ingenol mebutate, which is used to treat actinic keratosis, an early-stage skin cancer. The material is normally synthesized in a laboratory, but Nørgaard says using moss is cheaper and cleaner.
“It’s a more environmentally beneficial production method because we don’t need factories, we don’t need expensive chemical reagents, and there isn’t a lot of chemical waste. It’s like making chemicals in the greenhouse,” she says.
TychoBio takes lab-grown moss and puts it into plastic bags with water and nutrients. It then leaves it for up to three weeks, before blending it down and extracting out the ingenol. The researchers have used the same method to produce key molecules in frankincense, a popular scent, and they are testing 100 other potential candidates.
Why moss? Nørgaard says it’s a molecularly uncomplicated, making it easy to replace one molecular process with another. It’s also very easy to grow. It has no roots to speak of, and needs nothing more than CO2, water and sunlight.
The six-person team behind TychoBio is currently developing a bioreactor to scale up production. It hopes to have its first products on the market by 2016.


text: WASHINGTON (MarketWatch) - U.S. consumer price index rose 0.4% in March, the Labor Department reported Wednesday. Prices were higher across the board, with only natural gas, new vehicles and education prices declining in the month. The increase was above Wall Street's expectations of a 0.3% gain. The core CPI, meanwhile, increased 0.3%, a tick higher than the 0.2% gain expected. This is the largest increase in core prices since last March. The CPI has risen 3.4% in the past 12 months, down from 3.6% last month. The core rate is up 2.1% year-over-year, the same as last month. In March, energy prices rose 1.3%. Food prices rose 0.1%. Housing prices increased 0.2%.


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Hyundai unveils the Venue SUV in New York
The new entry-level vehicle is the smallest of Hyundai’s SUVs, joining the Kona, Nexo, Tucson, Santa Fe and the Palisade as part of the automaker’s recent push to meet consumer demand.
Coming in at just 1.57 meters (5.15 feet) in height and 4.04 meters in length, the Venue is targeting younger drivers with a focus on design and technology.
Retaining Hyundai’s new design language of slim front headlamps and a large grille, the Venue is also equipped with square-shaped LED daytime running lights.
The vehicle also comes in two tones with the roof in a different color from the body.
“The design features are specifically tailored to millennial buyers who are looking for their first car,” said Lee Sang-yup, Hyundai Motor’s senior vice president, at the auto show on Wednesday.
“It is technology friendly […] a lot of millennials live in the city and the city lifestyle has to suit with this vehicle.”
The vehicle has an 8-inch infotainment display that can be mirrored with smartphones, according to Lee.
Hyundai also added a string of smart safety features to the vehicle such as forward collision-avoidance assist, lane keeping assist and blind spot collision warning.
Packing a small 1.6-liter engine, the vehicle is also targeting driving enthusiasts as it will be available with a six-speed manual transmission or a continuously-variable transmission.
The Venue follows Hyundai’s recent additions to its SUV offerings as sales in the sector in Korea continue to grow.
The Palisade has been the third best-selling passenger vehicle in Korea this year, just behind the Hyundai Santa Fe SUV, according to the Korea Automobiles Manufacturers Association (KAMA).
BY CHAE YUN-HWAN [firstname.lastname@example.org]
with the Korea JoongAng Daily
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$WRB said it agreed to sell a wholly-owned investment, Aero Precision Industries, and certain related aviation services businesses. The Company expects to realize a pre-tax gain of approx. $130MM on the sale, which is expected to close in 3Q16.
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