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Michael Dunne can pinpoint the moment when the Chinese auto industry's electric vehicle revolution began in earnest, and credit is due the same company that spurred a similar EV awakening in America.
Ever since Tesla got there in January 2020, we've seen an explosion of demand for electric vehicles, says Dunne, a 30-year Chinese market specialist and the CEO of ZoZo Go, a San Diego-based consultancy that advises automakers and other industries on Asia. For the first time, here comes a product that really checks all the boxes. It's aspirational, it's attractive, it's high tech, it's exclusive, and you have affluent, educated urbanites in Shanghai, Beijing, Guangzhou, Shenzhen, and the big cities on the coast saying, 'Yes, we want one.
According to Dunne, it led to a Tesla effect, a surge in interest in domestic Chinese automakers who were producing EVs-companies such as Nio, Xpeng, and Li Auto-with similar technology and attractive designs at a slightly lower cost. When interest in Tesla spiked, suddenly those companies and others saw sales and stock prices soar.
The numbers from the China Association of Automobile Manufacturers (CAAM) bear it out. CAAM estimates sales of new electric vehicles in China (NEVs include plug-in hybrid, all-electric, and hydrogen fuel cell vehicles) should hit some 3 million units by the end of 2021, more than double the number from 2020. In the first nine months of 2021, that equated to around 11.6 percent of the overall Chinese domestic market.
As for Tesla, while it's benefited from the initial hype surrounding its vehicles, it also received a fair bit of help getting to its position of EV dominance in China. It garnered substantial assistance from the Chinese government to get its Shanghai facility, known as Tesla Giga Shanghai, off the ground, and it is the only foreign automaker to date that wasn't forced to partner with a Chinese counterpart. According to the Ministry of Industry and Information Technology of China, Tesla also received the highest subsidies on its vehicles of any NEV automaker in 2020. It's the type of white-glove treatment foreign automakers have rarely-if ever-received.
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Ford has revealed that 38,000 of its unionised workers have agreed to take voluntary redundancy as part of a plan to transform the struggling business.
Employee costs have mounted
Ford is seeking to cut its US workforce by up to 30,000 staff by 2008 and has offered unionised staff a number of voluntary severance deals.
About 46% of United Auto Workers (UAW) union affiliated staff at Ford have now accepted one of these offers.
Ford has struggled with falling sales and mounting losses in its home market.
It has faced fierce competition from Japanese firms such as Toyota, while its own labour and employee costs have mounted.
Ford workers accepting voluntary redundancy will leave next year, although under the terms of Ford's offer, employees are free to change their mind right up to the last minute.
Ford said reducing its workforce would make the firm more efficient by better matching output to demand.
"While I know that in many cases decisions to leave the company were difficult for our employees, the acceptances received through this voluntary effort will help Ford to become more competitive," said chief executive Alan Mulally.

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Stop Online Piracy Act or SOPA was introduced by the US House of representatives as a positive means of combating piracy but, noble as its intent may be, it could fundamentally change how we use the internet.
No ad to show here.
The new bill effectively hands over the user’s freedom of expression to the entertainment industry. If an IP address is seen as “engaging in, enabling or facilitating copyright infringement”, its domain is blocked.
The corporations who own media want to shut down sites where people download illegal content. Protect IP (what SOPA is referred to in the Senate) makes this possible in a number of ways.
Firstly, it can block access to infringing domain names. It can also sue to have these links removed. At present, these links can be hosted on any online medium. Blogs, forums, torrents, news servers and more would fall under its jurisdiction.
SOPA will also slash funds for “infringing” websites. It does this by cutting off its advertising sources (US-based ads only).
A failed plan
Let’s say that Memeburn hosts a YouTube video which is deemed illegal. Our domain would be blocked, but still accessible via the IP address.
“Illegal” files that are shared via social media or any standard form will therefore be blocked, but people will still be able to download them directly from the IP address. The site becomes liable for any content deemed illegal by SOPA.
Nothing would stop the hardcore downloaders then. A smaller site which has accidentally “infringed” SOPA’s rules, will shut be down, bankrupted and effectively ruined before it can get off the ground.
A knockdown effect
Tumblr, SoundCloud, YouTube, Facebook, Twitter and many other platforms which promote freedom of expression are now potential targets. Users who mix in copyrighted content with a YouTube video could also see their profile blocked, and the site itself could face a SOPA ban.
If the bill is passed, countries across the world could create laws of their own and block websites based personal agendas.
A US-based user could face up to five years in jail for uploading any copyright protected work.
Money for nothing
The US government’s aim is to ensure that legal content is purchased, but by introducing this law, it threatens to create an unstable web. There are already countless methods used by corporations to take down copyrighted content, so why introduce SOPA? What are the limits the US government can push the protection act to? It depends on how users react to the bill and keeping the internet unregulated means writing to a member of the US Congress. There also a number of online petitions attempting to stop the act, such as this one by protest group Avaaz.


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Mother's Day Expo set for Saturday
Submitted to the Pioneer
BIG RAPIDS — A Mother's Day Expo will take palce from 10 a.m. to 3 p.m. on Saturday, May 13, at the Holiday Inn in Big Rapids.
The event will feature more than 55 vendors and a raffle to win prize baskets. Admission is free.


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Though E3 2019 is not officially set to begin for another few days, news is already coming in regarding announcements for games and new content for existing titles. Late Saturday night, Square Enix had something for attendees of the Kingdom Hearts Orchestra show in Los Angeles. It was the first official trailer of the Kingdom Hearts 3 DLC called Re:Mind.
First announced during the Kingdom Hearts Orchestra's Tokyo tour stop, the Re:Mind DLC trailer takes players back to the latter moments of the main Kingdom Hearts campaign, where Sora, Riku, Aqua, and the other Keyblade wielders of Light found themselves battling the forces of darkness in the Keyblade Graveyard. This segues into Luxord asking a critical question, "Xigbar, who are you?"
This appears to be the central premise of the Re:Mind DLC. What does this mean to the average Kingdom Hearts player? Well, to go into this would mean diving into some spoiler-heavy territory, not just for the Kingdom Hearts 3 story ending, but also for the hidden ending. The only thing that can really be said without going into spoilers is that Xigbar is not who he seems to be and it looks like his colleagues in Organization XIII are catching on to this. What role Sora and the other Keyblade wielders play in all of this remains to be seen, but those who played the game all the way through know that there are indeed a few loose ends in the overall story that still need to be tied up.
There are more details about Re:Mind forthcoming and it's fair to assume that Square Enix will go more into detail about this during its E3 press conference on Monday night. In the meantime, there is a release window for this. Look for Kingdom Hearts 3's Re:Mind DLC to hit PlayStation 4 and Xbox One sometime this winter.


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Your Search Returned 500 tagged news reports
LiveShelf, the new service from Sweden's Voddler, will let users share movies with friends worldwide. The service, called LiveShelf, rolled out Thursday across Scandinavia and Spain with Europe and Russia to follow set to follow this week. It
The CG feature follow-up to the 2010 movie will be digitally re-mastered into the 3D format. Imax will super-size Universal Pictures and Illumination Entertainment's Despicable Me 2 for screening in select international theaters from June 20. The CG
Do you Tweet , Pin , or use Facebook and LinkedIn at work?...Two recent studies suggest that plugging into social apps and networks makes employees more productive at work. The studies one by the start-up Big Data firm Evolv-on-Demand and the
In an upcoming release of ION Rewards featuring DoubleBeam technology, consumers can quickly and easily setup an e-checking account as a form of payment in addition to a linked debit/credit card or Dwolla account. Users simply snap a photo of a
Second annual Digital Media Forum to run on May 22-23 Some of the best and brightest minds in the global digital media arena will be gathering in Dubai to share their knowledge and expertise at the second annual Digital Media Forum (May 22-23, 2013).
Billboard Group has expanded to include Backstage and Sonic Bids in creating a stronger platform for entertainment industry professionals. Guggenheim Digital Media is creating a newly expanded Billboard Group that will include the Backstage and Sonic
Twitter users are used to seeing "Promoted Tweets" and "Promoted Trends" popping up on their dashboards. But they might be surprised in the coming months as those promoted tweets will now show up in response to whatever you've just tweeted, courtesy
Internet media firm Alloy Digital has bought Digital Broadcasting Group, one of the biggest online-video syndication networks, marking its sixth acquisition in past two years...Companies said deal creates a powerful digital force, combining DBG's
Questions for the conference call will be taken via email at email@example.com and can be sent anytime prior to or during the Webcast. If you are unable to participate during the live Webcast, the conference call and presentation materials will be
Unicomm, a leading event management company announced the newest event in its Brand Engagement Series , the 2013 NY MultiScreen Summit which promises to transform Madison Avenue and Brand Managers alike...MultiScreen Summit has also been named an "


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Chicago-based Quorn Foods announced plans to invest in its Billingham, UK, facility, making it what is said to be the largest manufacturing plant of its kind in the world.
The plant, which produces meat-free refrigerated meals and breakfast items, will create hundreds of jobs over the next five years.
“We are proud to be contributing to the UK’s export drive and to be investing in a British innovation that is vital to addressing the future need for protein across a growing global population,” says Kevin Brennan, chief executive officer. “Our growth will continue as expected, regardless of the Brexit deal that is reached. In fact, today’s investment is indicative of our confidence in becoming a billion dollar brand in the next 10 years.”
Growth has been strong in the EU, where Quorn Foods continues to invest. The company has however, driven aggressively outside the EU. The US business is up 40%, Australia 35% and Asia, a new market for Quorn Foods, is also succeeding.
The investment will cover the expansion of the company’s main manufacturing facility at Billingham, Teesside, and provide key support services to the site.
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About eight other Vietnamese companies have shown interest in attending as well. — Photo tapochitaichinh.vn
HCM CITY (VNS) — Two Vietnamese businesses have registered to exhibit their products at SIAL China, Asia’s largest food and beverage show to be held May 5-7.
Long An Food Processing Export JSC and Rita Food & Drink Co Ltd will take part in the 17th edition of SIAL China 2016 at the Shanghai New International Expo Center.
About eight other Vietnamese companies have shown interest in attending as well.
The expo is expected to welcome 66,000 visitors and over 2,900 exhibitors from 65 countries, according to a representative of the organiser Comexposium.
The exhibition will showcase 21 kinds of products ranging from canned and preserved food to fruit, vegetable and seafood leading brands.
They include Helios, Spain’s jam market leader, Ceremony Gida, Turkey’s leader in chewing gum and Super Group, well-known in Singapore with Asian Coffee, among others.
SIAL China 2016 will see the first ever milk- and milk-based product zone where Belgium and Germany will introduce their prestigious products.
Last year, 10 Vietnamese companies took part in the event displaying their products of rice, beans, fruit and snacks. Thirty-four Vietnemese entrepreneurs visited the fair last year. — VNS


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The game Fortnite you are promoting a brand new event in partnership with the Travis Scott this Thursday (23rd) and Saturday (the 25th), which features a host of new features including a special. In addition to the show, to the online the artist in the realm of games, with new skins, challenges, and more, this experience has been marked by the release of a new official single from it.
The song in question, with the participation of the Kid Cudiit was called “The Scotts”, and it appears first hand on the night of Thursday on the first day of the event. The stuff will hit the digital platforms in the early morning hours of Friday (24).
Check out a large chunk of the track below:


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Puducherry, Dec 21 (UNI) The Puducherry Administration will purchase polyester clothes from government-owned Anglo-French Textile (AFT) Mills and PONTEX for free distribution among Scheduled Caste (SC) and Backward Class (BC) people during festival period, Welfare Minister M Kandasamy said today.
Talking to newspersons here after a legislators' meeting, Mr Kandasamy said the decision was taken following Ministers' insisting on such an arrangement.
A set each will be purchased from AFT and PONTEX respectively.
Mr Kandasamy said while those above 18 years in a SC family would get two sets of clothes, a BC card holder would get one set.
He said the legislators demand for providing two sets of clothes to each BC card holder would be decided in consultation with the Chief Minister.


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Noel Laboratories, an Atascadero-based full-service dental laboratory, has bought Atascadero Dental Laboratory for an undisclosed amount.
The purchase became final June 8.
Noel Laboratories manufactures crowns, dentures, bridges, implants and other dental prosthetics for dentists and other dental laboratories.
Atascadero Dental Laboratory seller William (Butch) Houghton will join Noel Laboratories’ dental technician team, marketing director Estella Webb said. Noel Laboratories now has 23 employees and anticipates more growth, she said.
“We are continuing to grow and add employees,” she said. “We’re already talking about hiring more technicians.”
Webb declined to disclose the company’s annual revenues. In 2013, when the company purchased Arroyo Grande Dental Lab and moved its operations to Atascadero, a company spokeswoman said annual revenues were more than $1 million.
Founded in 1974 in San Luis Obispo by John C. Noel, a certified dental technician, the business moved to Atascadero 10 years ago and is located in four buildings in the Meadowbrook Center on Morro Road.
Over the last decade, the trend in the dental lab industry has been a move to digital technology, and Noel Labs has invested more than $1 million to become fully digital during that time, chief operating officer Steve Barron said.
The technology has improved the quality of products to dentist clients and opened a new market providing digital manufacturing services to labs that haven’t fully invested in the equipment, he said.
Noel Laboratories has about 75 clients: about 50 dentists in San Luis Obispo County and 25 laboratories throughout the state that don’t have digital equipment, Barron said.


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Brexit isn’t the half of it
Those who have a Facebook connection with me will be aware I am not in favour of the UK leaving Europe (Brexit). That aside, as I made clear in my Facebook post, we follow the democratic rule and those in favour of leaving won.
For those who pointed out “over half the UK voted to leave”, they didn’t. The UK population is 65.1 million, of which 46.5 million people were entitled to vote, and 72.2 per cent of that figure voted. This means 27.8 per cent didn’t bother to get their lazy arses to the polling station. Of those who did vote, 51.9 per cent voted to leave and 48.1 per cent wanted to remain. It’s a slim margin and it’s been estimated that if 16- and 17-year-olds had been allowed to vote it would have gone a different way.
There are many arguments for and against Brexit, but this is not the best place to argue them. The question is: how will it affect Australian wine in the UK? Possibly not at all, but the pound has fallen and if that continues it will play some part down the track. A falling pound could also affect tourism from the UK, which in turn would affect wine via cellar door visits and restaurant sales.
Share prices have also tumbled. Treasury Wine Estates hit a high of $10.51 on May 30 but was $9.13 at close of play on June 28. The Aus-US dollar exchange also fluctuated, but not a great deal and seems to be stabilising this week.
Maybe a bigger concern is Australia not having a free trade agreement (FTA) with the UK. We started the process of negotiating an FTA with the EU last November.
I have no doubt there will be changes because of Brexit. What I hope and meditate about is that they are for the better, and not, as I fear, for the worse. How they will affect wine and Australian-UK trade overall we will have to wait and see.
Worth reading and I urge you to do so is a briefing note on the Winemakers Federation website, go here
Is Morris Wines just too minor for Pernod Ricard (PR)? This week PR announced it was to close the winemaking and cellar door at Rutherglen-based Morris Wines and place them, along with vineyards, on the market.
It’s not the first time the mighty PR has tried to offload Morris, which was on the market for several years previously, but either a buyer couldn’t be found or there wasn’t one prepared to pay whatever the asking price was.
PR is getting rid of the vineyards, winery and cellar door but keeping the brand. What is the logic in this? Does the brand hold a lot of value to PR? I doubt it does, but it would to a purchaser and it would gall PR to see someone else make a success of Morris.
I think it shameful that a company as large as PR is prepared to see a brand such as Morris die because of its own insecurity. Be big, act adult, let the brand go with the winery and vineyards.
The company cites declining interest in fortified wine as the main reason for the disposal. There’s no doubting the truth in that, but there is fortified and fortified, and Morris wines are at the top of the quality ladder. Look what Accolade Wines is doing with Hardys fortified wines. If PR really tried it could restart a trend.
I believe the reason is more to do with lack of focus. Morris was far from a priority brand in the PR portfolio and probably suffered from lack of distribution and promotion. The question being: why put it on the market now?
Perhaps PR thinks the Morris assets will be attractive to Chinese investment. Perhaps another Rutherglen winery will want to acquire vineyards and stock, but I doubt it would want the winery and cellar door. Maybe a group of export-minded Australians could, with Chinese partnership, rejuvenate the fortified sector and captivate the Chinese market. I await further developments.
Farewell Mr Hickin
It’s the week to farewell Bernard Hickin, chief winemaker at Jacob’s Creek. After 40 years moving up the company ladder, Bernard is handing over to Ben Bryant. TKR looks forward to having as good and rewarding a relationship with Ben as we have had with Bernard.
I was privileged to be one of 250 people around the world to receive a bottle of the Limited Edition Jacob’s Creek South Australian Shiraz Cabernet 2010, released as a tribute to Hickin. I won’t review this wine. I have read other reviews and they are positive and good. I will drink this wine, along with other quality wines, at a special dinner yet to be decided, and then, Mr Hickin, I will raise a toast to you. Enjoy retirement and if you’re ever heading Byron way get in touch.
Having partly recovered from the trauma of Brexit I now have the drama of the Australian general election to look forward to. Should I survive, TKR will be here next week. Enjoy your vote.


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Tesla’s ‘Gigafactory’, which might be built in Germany’s Brandenburg province, will increase the American manufacturer’s European market share substantially. But apart from making vehicles, the company needs to look into the charger issue on the “old continent” too.
During the last three decades of the second millennium, there were huge qualitative differences between American-made cars and those made in Europe. They included technical aspects, the workmanship in the interiors, the economy and everything else.
A Decade Late
A 1979 Ford LTD Country Squire may have had a lot of room and a far better sound than cars made in Germany or France, but it sucked away way too much gasoline and was not exactly fit to race into curves. These giant U.S. cars were like cruise ships. There are still differences today. All attempts by American manufacturers get into the European market have either failed completely or their success was as moderate as it is for Chevrolet today.
Then Tesla came along. Elon Musik showed the Germans how to make headway with electric cars. While the Europeans were talking, he became active and triggered the electric revolution in the auto industry. Once Tesla’s success became evident, the Asians got to work too, while engineers in Europe continued talking and testing.
By now, the Germans are building excellent electric cars in the luxury segment, including the Mercedes EQC or the Porsche Taycan. Regarding more affordable models, the Europeans did not manage to match the range Tesla’s models offered. Now they are just starting to put their answers to the Californian approach into their showrooms, almost a decade late.
No Supercharger in Berlin
No wonder Tesla’s market share is growing in Germany, the country which builds the most advanced Diesel and gasoline-propelled cars in the world. But the Californians need to do more. They know. That factory they want to build in Grünheide, just outside Berlin, can only be a first step. Another thing is the infrastructure.
Tesla drivers in the United States are spoiled by now. In Germany, they are not. Berlin does not have a single Tesla Supercharger. The next one is located in Blankenfelde-Mahlow, a village in Brandenburg province, 37 kilometers (23 miles) from Grünheide, where the ‘Gigafactory’ will supposedly be erected, or 24 kilometers (15 miles) from Brandenburg Gate.
In all of Brandenburg, there are only 5 Tesla Superchargers, meaning most owners of those fascinating vehicles from California will have to use ‘Destination Charging’ available at certain hotels or restaurants, but those chargers are for guests only. Or they will need their own private chargers.
Public Chargers Blocked
Another option they have is to use public chargers for electric cars. But in Berlin the few stations available are usually blocked by rental E-Golfs. The situation is so bad that the only Tesla cab driver in the city is giving up now, according to a report by the ‘Bild’ tabloid. If it takes hours to find a vacant charger, there is an issue.
Regarding Tesla’s sales in Germany, they are generally increasing, but also jumping up and down in an uncontrolled way. In November of 2019, only 280 new Teslas were registered in the Federal Republic. That number is a lot lower than in should be, considering the more affordable Model 3 has been available for a while now. On the other hand, there is a sharp increase of 129.5 percent compared to November of 2018.
From January through November of this year, 9,581 new Teslas were registered in Germany. The number rose by 432 percent since last year, but the sales could have been better under normal circumstances. Tesla still seems to be following a priority approach in Europe.
Implementation Not Guaranteed
This means, they are reportedly sending all cars they have to the Netherlands as long as that country’s government still sponsors electric vehicle purchases with huge amounts. The program will end soon. As a result, sales in neighboring countries like Germany suffer. But aspects of this kind will be a thing of the past once that factory in Grünheide is in service.
At this stage, an implementation of the plan is still not guaranteed. While Germany’s Commerce Minister Peter Altmaier believes it will happen, Tesla turns out to be unpredictable. The ‘Tagesspiegel’ daily reports, the Californian company had officially pulled out of the Grünheide project a few months ago, just before jumping back into it a few days later.
As we know today, Elon Musk’s announcement in Berlin was preceded by long negotiations. Recently, the province of Brandenburg established a Tesla Task Force to facilitate the implementation of the Grünheide project, just outside the European capital without Superchargers.


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MILWAUKEE -- Get your eclipse glasses ready. A total solar eclipse is set to happen Monday.
If you have faulty viewing glasses and you look at a partial eclipse, you could damage your eyes or go blind.
Doctor Ray Wallace with American Family Care in Waukesha joined us live on Daybreak Saturday to share how to properly look at the eclipse.
He explained if you look directly at the sun during a partial eclipse without eye protection, you should know the entire time, you are burning your eyes. You can experience a variety of stages of blindness, including:
- Photokeratitis: Cornea cells blister causing sandpaper sensation on eyes. Temporary blindness should heal within a few days.
- Solar Retinopathy: A burn to the retina can have more lasting effects.
Unfortunately, once your eyes are burned there is no quick fix. Dr. Wallace identified these four steps for solar eclipse protection.
1. Only use special purpose filters, like certified eclipse glasses or handheld solar viewers. Never remove while looking at the sun. You can buy the ISO certified glasses either online or at big box stores.
2. Avoid eclipse glasses that are more than three years old
3. Avoid eclipse glasses that are scratched or damaged
4. You should only see the sun when you look through the eclipse glasses, not street lights, not headlights, only the sun.
Peak eclipse viewing time in Milwaukee is 1:18 p.m Monday, August 19.


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Bitcoin made its debut in Guinness World Records. It is now officially recognized as the “first decentralized currency”
It was included in a larger category called “cryptomania” under which many other crypto-related phenomena were also mentioned.
Famous Crypto Records
According to the latest edition of the reference book, Bitcoin is the “oldest,” “most valuable,” and “first-decentralized” cryptocurrency.
The cryptocurrency’s market capitalization has been greater than any other currency since its 2009 creation. Although there have been thousands of other cryptocurrency options, Bitcoin still dominates the market at 40%. It has a cumulative total of $370 billion.
Bitcoin is described on its online record page as a solution for the problem of the trusted third party, which was previously required to facilitate digital payment. It would be impossible to keep a fair and honest record of transactions in which people don’t spend the same amount more than once.
“The Bitcoin network solves the double-spend problem by using a “trustless” mechanism that doesn’t require any third party (e.g. banks) to verify transactions. It achieves this with validators (i.e. miners in PoW). The post reads, ”
The CryptoPunks NFT collection was renamed the “most expensive NFT collector,” when Deepak Thapliya bought CryptoPunk #5822 in ETH for $23.7 million on February 12th. Although Beeple’s artwork was sold as an NFT at $69.3 million in 2021 it did not meet the NFT criteria of “limited-edition sets” of artwork that were built around pre-renewed templates.
Manchester City Fan Token was the “most valuable fan token,” with a market capital of $47.1 million at March 24th, the book’s reference date. The token’s market capital has dropped to $24.8 million as of right now.
El Salvador was the “first country to accept Bitcoin as legal currency” in June 2021. The Central African Republic, which did the same in April this year, is the only country that has done so.
Crypto in Websters
Merriam-Webster has added crypto-native languages to its lexicon.
It included “altcoin”, which are tokens that can be used as “alternatives to existing cryptocurrencies, especially Bitcoin”, and “metaverse”, which is “a persistent virtual environment that allows access and interoperability to multiple virtual realities.”
CryptoPotato: Bitcoin wins the Guinness World Record For First Decentralized Cryptocurrency appeared originally on CryptoPotato
Marla Brooks – Financial Analysis
My name is Marla Brooks, and I am the mainstream behind the”observednews.com” for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.


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SAN FRANCISCO, April 5 (UPI) -- The Facebook identity of users of Android phones and tablets and iPhones and iPads can be stolen because of a security vulnerability, a British researcher says.
Gareth Wright, an app developer for Android and iOS, has found a security hole in Facebook's native mobile apps that can be used to steal personal information about a user, ZDNet.com reported Thursday.
The problem, Wright said, is that Facebook login credentials for Android or iOS platforms are not encrypted, meaning they can be easily taken from a USB connection or, more likely, through malicious apps.
All a hacker needs is to obtain your Facebook plist file -- a property list file, often used to store a user's settings -- then copy the file to his own device, Wright said.
When the Facebook app is opened, the hacker is logged into Facebook as the user whose file's he's stolen, with complete access to the user's account.
"Facebook are aware and working on closing the hole, but unless app developers follow suit and start encrypting the 60-day access token Facebook supplies, it's only a matter of time before someone starts using the info for ill purpose … if they aren't already," Wright said.


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Content related to ‘pa’
The luxury retailer will lease space at CenterPoint Commerce and Trade Park East, spending more than $12 million and creating 150 new jobs.
An aggressive state economic stimulus program, lower cost of living, and a strong university system boost the Keystone State.
Hazleton Is in the Zone In May, AutoZone, one of North America’s top auto parts retailers, opened its 600,000-square-foot distribution center in the Greater Hazleton area of Pennsylvania. Construction of the facility began in June 2007, and AutoZone expects to employ 400 people when the plant in Humboldt North Industrial Park is fully operational. AutoZone considered dozens of communities in Pennsylvania, New Jersey and Maryland before deciding on Greater Hazleton as the site for its newest distribution center, according to John Warden, an executive vice president with The Walker Company, the site selector for the project. “In addition to our workforce, several other factors helped us locate this project here. The Governor’s Action Team brought significant state financial incentives to the table. The Hazleton Area School District, Hazle Township and Luzerne County approved the land in Humboldt North for LERTA tax status. And the assistance provided by our industrial and educational community, the Manufacturers and Employers Association, CareerLink and the Chamber of Commerce was invaluable,” says Kevin O’Donnell, president of CAN DO, an economic development agency for Hazleton. Joining CAN DO and local officials in making the announcement were AutoZone representatives including Bill Graves, senior vice president of supply chain customer satisfaction; Rod Halsell, vice president of distribution and customer satisfaction; Dave Ronk, regional distribution center manager; Joe Buehrle, distribution center manager; and Joe Lorson, direction of supply chain construction. “The increasing scope of our business requires that we enhance our supply chain capabilities,” says Bill Graves, SVP of supply chain customer satisfaction. “AutoZone’s new facility in Hazle Township will bring even more efficiency to the process of delivering the right part at the right price to our retail and commercial customers.” “Our staff spent countless hours, weeks and months coordinating all of the meetings and information this company sought during the site selection process. Before joining the CAN DO board, I had no idea how much hard work goes into courting a new industrial tenant. I think everyone who is involved in this process has an appreciation for the amount of work that goes into bringing new jobs to the area,” says CAN DO Chairman of the Board Thomas Sandrock. Boston Taps Lehigh Valley Brewery The Boston Beer Company, Inc., announced in August that it has signed a purchase and sale agreement with Diageo North America, Inc. to acquire a brewery located 60 miles outside of Philadelphia, for $55 million. The company expects to begin brewing Samuel Adams beer in the fourth quarter of this year. “This agreement […]
Economic developers can leverage the benefits of FTZs to attract jobs and investment, while facilitating maintenance and expansion of their industrial base.
These gems didn’t just catch our eye with a quick flash. Their consistent economic development sparkle earned them front-and-center display in our annual showcase.
Keystone Innovation Zone taps a homegrown, skilled workforce to transform the state into a cutting-edge technology leader.
Locating in Pennsylvania gives your business the ability to easily reach six major U.S. markets. We highlight two areas of the state that deserve your consideration.


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Microsoft has two different operating systems that run on ARM-based chips: Windows Phone and Windows RT. So far Windows Phone has been designated as a smartphone-only platform, with Windows RT running on tablets and notebooks.
But there might not be as much of a distinction in the future. Speaking at a Financial Analyst Meeting this week, Microsoft VP Terry Myerson hinted that the company sees a more of a unified platform for the future, with software that can run on a range of devices.
Does that mean Windows RT and Windows Phone will merge? Or that the distinctions between the two will be trivial? It’s not exactly clear at this point. But it seems likely that Microsoft wants to make it easy for developers to write apps that can run not only on x86 or ARM devices, but also on phones.
You might still have separate operating systems for phones, ARM tablets, and x86 devices in the future — but it might not matter which OS you’re running as long as you have the same user experience across devices.
Of course — that was kind of the promise of Windows RT in the first place: It’s just like Windows, but it runs on ARM. Unfortunately there’s a big difference between Windows and Windows RT: the latter doesn’t support third-party desktop apps, which means that the vast majority of software written for Windows won’t run on a Windows RT device.
As more developers latch onto the new “Modern” style apps that can run on both Windows RT and Windows, it makes sense to extend support to Windows Phone… and to enable apps written for Windows Phone to run on devices with larger screens.
But you probably still won’t be able to run classic DOS games on your phone… not without a DOSbox emulator, anyway.
Microsoft’s vision of a more unified platform makes a lot of sense — and it could theoretically give the company an edge over offering from Apple or Google. Both companies continue to offer separate operating systems and app ecosystems for desktop and mobile devices.
But it’s still not entirely clear why anyone would buy a Windows tablet with an ARM-based processor these days, whether it’s running Windows RT, Windows Phone, or something else. The main advantage ARM-based tablets had up until recently was low power-consumption (which enabled long battery life and thin and light designs).
These days, tablets with Intel’s new Bay Trail processors can run for 10 hours on a charge and offer thin, light, and fanless designs — plus support for full Windows software. And they sell for Android tablet-like prices. So why choose an ARM tablet that can’t run legacy Windows apps?


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Homegrown digital payments unicorn Paytm has announced plans to launch an incubator for startups, with the aim of facilitating the development of innovative tech solutions in India. Through its “Build for India” initiative, Paytm is gearing up to invite tech enthusiasts, including students and professionals, from across the country.
As part of the incubator programme, the digital wallet will assist developers in designing open source-based solutions and sharing these projects with the global tech community.
Commenting on the development, Paytm Senior Vice President Deepak Abbot said, “In our country, we use a lot of open source projects but do not contribute back enough to the developer community. We aim at correcting this by promoting new open source projects developed from India. We will also create communities around these projects to maintain them. With the Open Source Project Incubator, Paytm aims to give back to the developer community.”
According to reports, some of the virtual incubator’s key focus areas will be education, financial inclusion, digital lifestyle and emerging technologies such as machine learning, virtual reality and augmented reality.
Through the programme, Paytm’s premises will be used for mentoring sessions, bootcamps, hackathons, etc. Furthermore, participating candidates will be provided technology as well as design support from the country’s developer community.
To that end, the company is currently engaged in talks with student bodies and faculties of over 20 institutions, including the IITs, Delhi Technology University, Netaji Subhas Institute of Technology (NSIT), Amity University and BIT Mesra.
Although the incubator has not promised any immediate monetary support to the participants, promising solutions and developers will be recognised by Paytm. Of these, the top developers will likely be offered scholarships as well as employment opportunities.
The Noida-headquartered fintech giant recently introduced ‘Paytm Loyalty Points’ that can be accumulated by its users and can be used in all platforms and the offline merchant base of Paytm.
This came on the heels of the company’s recent announcement that its QR feature now allows offline merchants to accept unlimited payments directly to their bank accounts at 0% charge. As part of the announcement, the company also revealed plans to invest $77.5 Mn (INR 500 Cr) to conduct merchant training and awareness drives.
A Look At Some Of The Startup Incubators Launched Recently
In the last couple of months, a number of startup accelerators and incubators have been launched in the country. In September, for instance, Chinese accelerator and venture fund ZDream Ventures announced the launch of its incubator, ZDream Labs, in Gurugram. In the same month, Bengaluru-based Startups Club opened the doors of an incubator called SC Incubator (“SCIN”), which is focussed on incubating, investing and accelerating early-stage startups over a 12-month period.
A week later, Uttar Pradesh CM Yogi Adityanath announced that the state was gearing up to establish the biggest incubator centre in the country. The move followed the launch of a $156.2 Mn (1000 Cr) fund for helping startups in UP.
In the second week of October, the Internet and Mobile Association of India (IAMAI) announced the launch of a dedicated incubator programme for IoT-based startups. Dubbed as “IoT.IN”, the initiative was launched in collaboration with Napino Auto and Electronics and Mobile10X.
Around the same time, Chennai got its first women biotech incubator. As per reports, Dr. Harsh Vardhan, Union Minister of Science & Technology inaugurated the incubator at Golden Jubilee Biotech Park for Women Society.
Last month, Jindal Stainless, in collaboration with Japanese VC firm ANEW Holdings, launched an accelerator programme for agritech startups. Located in Gurugram, the initiative is aimed at strengthening ties between the two countries. Towards the end of November, Pune-headquartered AutoNebula, India’s only incubator/accelerator that focuses on connected transport, secured a Category I AIF (alternate investment funding) of $7 Mn (INR 45 Cr).
Through its incubator programme, Paytm is not only looking to support promising tech startups and developers in the country but is also aiming to take advantage of the newly-developed solutions to strengthen its presence in the Indian market.


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Don’t watch the watch
The Wall recently published this article by me about virtual reality becoming the next significant shift in marketing. They’ve been kind enough to let us reproduce it in full below.
Image by Tom Bellamy
Marketing has moved from the radio to the TV, to the computer, from the Desktop to the mobile in the consumer’s pocket – each one a paradigm shift.
The most recent shift from desktop to mobile created a need for more intimate communications. It’s something that brands still struggle with – a mobile is a very personal space compared to a desktop screen.
Now, commentators are heralding the smartwatch as the new frontier. And in many ways, they’re right. The smartwatch will change the way we consume apps and therefore brand content on social. They offer the consumer more control over and access to certain apps, such as like health trackers. They will make using technology an even more natural and habitual than it is already.
But the leap to smart watches isn’t a paradigm shift in the same way that desktop to mobile was. While you don’t wear a phone in the traditional sense, it’s pretty much attached to you and it’s a small, personal space. Smart watches hold many of the same challenges for marketers that mobile does. Small screen, limited real estate, an intimate space; all the problems marketers have been tackling in recent years, but amplified.
In terms of marketing’s next revolution, my money is on the shift from personal computing to virtual reality, such as Oculus Rift, or augmented reality, like Google Glass or Microsoft HoloLens.
This shift will happen with social thinking at the centre. Facebook’s VP of engineering, Cory Ondrejka, was also the CTO at Linden Labs, who created Second Life. He’s responsible for working with Oculus Rift’s CEO and Mark Zuckerberg to bring virtual reality to a billion people. They’ve got the time, the funds and the ambition to make this happen.
Virtual Reality offers the chance for us to share our real life experiences with the people we care about in a way that will make the viewer feel like they were there with us. In the future we won’t just record our lives with photo and video approximations but will invite our friends to be there with us in the moment, no matter where they are.
Initially creating VR content will be an expensive business that only brands and publishers will be able to afford. This gives them the opportunity to pioneer on VR platforms as the medium develops. The NBA will be giving its fans a VR courtside seat next month, Marriott hotels used Oculus Rift to help consumers explore exotic destinations, O2 gave rugby fans the Wear the Rose experience and we’ve seen John Lewis take an early step into VR using the Google Cardboard model and many more will follow in 2015.
It comes down to choice. Would you, as a consumer, choose TV or Laptop? Laptop or Mobile? A small watch screen or immersive 3D world? When virtual reality goes mainstream we won’t be looking at social media – we’ll be standing inside it.


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From a small meeting of 70 participants, Creative Talk Conference has grown into one of the most influential platforms for like-minded people to share their knowledge, with around 2,000 attendees expected this year on June 25-26.
Over two days, "Creative Talk Conference 2022" (#CTC2022) will see 61 sessions featuring 109 speakers taking up five stages plus workshops at BITEC, Bang Na. Creativity, innovation, marketing, entrepreneurship, and people skills are among the vast array of topics covered, while participants can attend each session in person or online.
Highlights this year include "immersive experiences" in dynamic graphic worlds, instant feedback in interactive livestreaming events, greater accessibility for wheelchair users, plus sign language with every session.
"We held conferences online during the Covid-19 situation. This year it's time to get back to an onsite meeting. However, we are also providing streaming and video for those who cannot attend at BITEC.
Our ticket buyers can watch video recordings of the meeting until September," said Sittipong Sirimaskasem, founder of Creative Talk Conference in an interview with Voice of The Nation.
Saturday’s first session saw 10 speakers take the stage, two for each of the five topics – Creativity, Marketing, Innovation, Entrepreneurship, and People Skills.
"The past two years were lost years, as people have said. But they have spurred us to question what the future holds for you. You may know that you need new opportunities. But that doesn't necessarily mean that such opportunities want you.
We adopted the theme of questions about the future because of the drastic changes we are witnessing around ourselves. We also want to see what the future offers. There are three important components for the future: Creativity, Generation Gap, and Creative Living.”
The first topic of the morning session, "Creative", was redefined by the two guest speakers.
"During the Covid-19 pandemic, you can tell stories are more diverse. We have a lot more interesting stories to tell and, importantly, the stories are deeper in the telling. Previously, people may have enjoyed media as a form of entertainment. But now they enjoy watching and following stories as edutainment," actress and YouTuber Darisa Karnpoj said.
Damisa Ongsiriwatana, co-founder and executive creative director of Sour Bangkok, pointed out being creative is no longer limited to companies like advertising agencies. People used to think they had to be a specialist to become a creative. But now creativity is about mindset.
"Being creative means you have to have an ‘Eh?’ moment [curiosity]," Damisa said.
As an example, she cited a recent work created by her agency. One of Thailand's oldest food brands, Mae Pranom, wanted to reach out to modern housewives. But instead of the creative team, it was her agency's media team that came up with the solution.
"Media team members experienced the ‘eh’ moment. After studying consumers and the market, they came up with the idea of making people want to chat with Mae Pranom so that the household dialogue could reach audiences.
The new marketing gimmick has changed the brand's fanpage, making it more lively and chatty, like a mum talking to her kids. The new conversational style and brand message have turned Mae Pranom chilli sauce into an iconic brand. And people love to communicate with the brand through its fanpage.
Darisa said that no matter what advertising tools are available, what works for people are emotions and experiences. Brands should always speak to their audience. Always think about the emotional impacts on people.
Topic: Future of Marketing
Paruj Daorai, chief executive officer at DATT, a digital ad ratings agency, said the pandemic has changed the way we live forever. People are now inhabiting two different platforms: the digital world and real world.
But the two worlds are never separate. To understand people, we can no longer rely only on focus groups or research. This is because their behaviours are no longer the same. Their behaviour differs on each platform.
Sutirapan Sakkawatra, senior executive at Siam Commercial Bank (SCB), said these days everything can be monetised.
"Over the past 10 years, people have been able to create their own skincare brands. By 2019-2020 people could own their [social] media. Now everyone can be media. In the old days, people thought only about banks, but now people can issue their own currency.
Tokenising or even giving advice for people to invest can be a business. In the old days, SCB used [marketing/ad] agencies. But now we can find influencers on TikTok or Tellscore. Envato is one place where I tell my staff to find creativity. Technology can be bought as well. But what's more difficult is finding talents and building a new culture.”
He added that managers and entrepreneurs are supposed to understand different business models. “SCB now has 15 business models. Some products are transaction-based. So they need a different business model. There is no straight line in this. Whoever sticks to the same old business model will be out of business." Sutirapan said.
Companies need to adapt if they want to retain staff. “Work from anywhere” was one model to offer to staff. Others include the talent model and the freelance model. Getting talented staff join to your team is not about salary offers at the end of the day. Some of them ask for incentives as a measure of the value of their work, said Suthirapan.
"People have to find out how to connect the dots as many people are working in their own silos," said Paruj.
"Make sure they understand one another and that they really talk to one another. Communication is key. Data analysis is helpful as well. I'm not talking about huge and complex data, but you need data to make a decision, not just your gut feeling.”
For marketers, personalisation is not enough anymore because people's needs are different. So you need to differentiate your offer, said Paruj.
Marketers should stop thinking about consumers in terms of generations, said Suthirapan. Stages of life may be a better way of understanding consumers these days.
Future of Innovation
Jomsab Sittipitaya, CEO of Exy, a hybrid working solutions platform, said many organisations are now undergoing transition.
The challenges lie in replacing people, changing location, and changing process. For the work, companies have three options to offer staff: hybrid working, office working, and work from home. For the location, workspaces have been reduced by 30-40 per cent while many companies are adopting new technology to manage the space, he added.
"If you come to the office and need a desk, you have to book one. Booking a desk is important. Without it, you have no electricity supply. Satellite offices are also on the rise. They are not only serving employees but also open for customers to utilise the space, which helps create engagement with customers," Jomsab said.
On the trend of the metaverse, people should view it from different perspectives, he said. The metaverse can be built as a virtual factory to test out what works before building the real thing, he added.
Meanwhile, decentralising finance technology is still at an early stage, explained Nirand Pravithana, Group CEO at AVA Advisory.
"It's a process of trial and error. So we will eventually see how people get along with finance technology. Another aspect that we are keen on is using AI to develop a model. For example, I used a simulation to sample my voice to read text. You can read text with your own recorded voice.
This is not about a celeb's voice being hacked in a crime. Instead, think about AI helping sick people to speak when they cannot do so by themselves. AI developments are extending the boundaries of what is possible. AI and automation will become more precise and more humans will be cut off from the process of work. So this triggers questions about the future careers of the new generation," he said.
Another area of interest is "alternative proteins" as food. Nirand said the world now has two big problems. While the population in some developed countries is dropping drastically, it continues to rise elsewhere. How to produce enough protein to feed these growing populations is a big question.
"Plant-based protein is getting more palatable. And new protein sources don’t have to come from plants – stem-cell technology can grow a piece of meat like growing plants, and we also have protein from insects and other sources," Nirand said.
Jomsab said multiple technologies are now more integrated with each other. For example, voice and face technologies are linked. And as the Metaverse develops, workers to create 3D models will be in high demand.
"Labour is more valued. The metaverse will use a lot of 3D modelling. Their value is getting higher and they should be upskilled," he added.
In addition, key drivers in the future are people looking for equality, the increasing number of people retiring late, and climate change concerns. To adapt, innovators need to be courageous. Find people who disagree with you and learn from the alternative way of thinking, is Jomsab’s advice.
Pichayen Hongpakdee, founder and CEO of Smart ID Group, cited motivational author Simon Sinek's famous TED Talk asking entrepreneurs to reflect on their purpose, as well as his book "Start with Why”.
"In times of difficulty, you may need to reflect more about your purpose. But purpose alone is not enough, you need the word ‘care’. Care for society, care for the world, care for people you walk by. And the last thing is to learn to "inspire". You cannot get things to happen unless you inspire yourself and your team to work.
Dhazzaphak Lertsavetpong, Founder and CEO of Trick of the Trade Co, said this year Gen Z is getting into the workforce market for the first time and it's interesting for how generationin a workplace can manage diverse genderations of workforce.
"We need skills to manage diversity. Entrepreneurs must understand diversity," said Pichayen.
On People Skills
Apichart Khantavithi, managing director of QGEN and creator of HR The Next Gen Page, said "DEIB" was the key to the future of human resources.
"Diversity, Equity, Inclusion, and Belonging will create a new phenomenon in hiring and building talent. Belonging means your employer being aware of your existence, so the organisation knows how to manage and cultivate you.” he said.
Methavee Thansana, CEO of Vulcan Coalition, said diversity involves many aspects. For example, External Diversity is influenced by the external environment – such as city life or provincial life. People from these two locations have different perspectives. Meanwhile Internal Diversity is something that creates impacts. Organisational Diversity affects title, different types of employment, different types of workforce, and how to get work done. World View Diversity may trigger conflicts in your organisation.
Apichart added that remote working is important. If a business allows remote working, candidates will be interested in joining. But without that choice, they may turn down employment.
New skills now are about going “deep and wide”, Apichart said.
"If you are in HR, you must have deep knowledge of HR work. A measure of your depth is whether you are able to teach others or not. Meanwhile, wider knowledge is gained by people who want to grow. Find out if they desire to grow or not. If one person wants to become CEO and another person only wants to be director because he does not want the workload, you can plan better how to manage them.
Another thing is that the world is changing faster, so we have less chance to make a wrong decision. We can prevent wrong decision via data literacy. The last key is leadership and people management. We have to bring this up because ways of working have changed because people’s perspectives have changed. Problem-solving skills are needed. We encounter more difficulties in making decisions in hard situations."
Methavee added that managers should learn the skills of "inclusive leadership."
"Those at the management level must have the ability to include team members and overcome differences. Generation gaps are a concern for many organisations. Some now have staff from four different generations – so they need inclusive leadership. According to a study by Deloitte, inclusive workplaces boost performance by 30 per cent. People now care more for equality. Leaders are required to understand this.
Published : Aug 18, 2022
Published : Aug 18, 2022
Published : June 25, 2022
By : THE NATION


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GlobalPlatform Welcomes another New Member in Trusted Labs
05 January 2010 – Trusted Labs, a global expert in security consulting and evaluation services, has become the latest organization to join GlobalPlatform, the international specification body for smart card infrastructure.
Joining at Participating Member level, Trusted Labs will play an active role in GlobalPlatform's Card Committee, where it will contribute to the evolution of interoperable smart card specifications as well as support GlobalPlatform's efforts towards developing an open compliance ecosystem. The security expert will also have the opportunity to take part in GlobalPlatform's Advisory Council, provide input to both the mobile and government task forces and will have voting privileges in matters that come before the membership.
Claire Loiseaux, Chief Executive Officer of Trusted Labs, comments: "Trusted Labs has always believed in the value of open standards, which is why we are thrilled to join GlobalPlatform. We look forward to contributing to the body's key work initiatives, particularly the ongoing enhancement of its compliance procedures and the creation of new evaluation models that allow post-issuance application download."
Kevin Gillick, Executive Director of GlobalPlatform, adds: "As experts in designing and evaluating open and secure embedded systems and solutions for smart cards, payment terminals and wireless devices, Trusted Labs will add significant value to our discussions related to card and security technical deliverables. We welcome the company's knowledge and encouragement of our mission to establish a standardized smart card infrastructure."
For further details on different membership opportunities at GlobalPlatform visit: https://globalplatform.wpengine.com/membershiplevels.asp.
Notes to Editors
GlobalPlatform is the global leader in smart card infrastructure development and its proven, technical specifications for cards, devices and systems are known as the standard for smart card infrastructure. GlobalPlatform is a member driven association with cross-industry representation from all world continents. For more information about GlobalPlatform, visit: www.globalplatform.org
About Trusted Labs
Trusted Labs is a global expert in security services. For over a decade, security-sensitive organizations such as Java Card Forum, GlobalPlatform, and EMVCo have benefitted from the company's experience.
Trusted Labs offers security consulting and evaluation services and helps customers worldwide design and deploy their next security-demanding digital services. Trusted Labs is committed to numerous worldwide market standards and works closely with bank, telecom, healthcare, and transportation workgroups to deliver the best security standards to manufacturers. For more information, visit: www.trusted-labs.com.


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EA exploring putting college athletes in video games
Spurred by a major reversal by the NCAA, video game giant Electronic Arts says it is in the "early stages" of exploring the "possibility of including players in EA Sports College Football," a company rep tells Axios.
Why it matters: EA, once the subject of a major lawsuit from NCAA athletes over the use of their likeness in the company's video games, seemingly has the option to use them again, as restrictions against paying college athletes fall.
Catch up quick: The rapidly changing state of play comes from a late-June ruling by the Supreme Court that bars the NCAA from limiting academic benefits to college athletes.
- Yesterday, the NCAA said that it would no longer bar players from profiting off their name, image and likeness.
What they're saying: "We are watching the recent developments regarding student-athlete name, image and likeness very closely. It’s still very early stages at this point, and we plan to explore the possibility of including players in EA Sports College Football," the EA rep told Axios.
Between the lines: EA has long been a powerhouse in sports video game development, but ceased its production of NCAA-branded basketball and football games by 2013.
- A 2009 lawsuit led by former UCLA star Ed O'Bannon against EA and college sports organizations over apparent use of athletes' likeness in EA's games, resulted in a $60 million settlement.
- EA announced its return to college sports gaming in February, with "EA Sports College Football." At the time of the announcement, EA said it was working with the Collegiate Licensing Company to feature more than 100 teams, but no players.
What's next: EA's new game has no release date, and the brand-new rules for college athletes are something many businesses will need time to figure out.
Go deeper: The next era of college sports


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Many cities were sad to hear the news that they were not chosen as one of Amazon’s HQ2 sites. Many here even were bummed to hear that Wilmington was not chosen as a site (even though we’re a rising tech hub). Regardless, many are excited about the recent picks. Why? We’re smack dab in the middle of both locations.
So why should Amazon employees (and anyone else) move here? Willis Elliman, a guest columnist at Delaware Business Times explains it best. “Wilmington is hip and happening,” Willis stated. “evidenced being five new restaurants on North Market Street alone since January.”
Renting Opportunities On The Rise
Willis continued on to talk about housing. He first discusses the multi-family housing units. The newest building, the Residencies at Midtown being owned by Buccini/Pollin Group. With a high rise and mid-rise, a pool, and fitness room, this building is an oasis. Want to live by the Riverfront instead of Downtown? No problem. Capano opened its Christina Riverfront project this spring at 101 Avenue of the Arts, which has Italian carpets, stainless steel appliances, and other high-end parts. In Wilmington, opportunities for renting are abundant.
Low Cost Of Housing
The cost of rent in Wilmington falls far below surrounding cities. The median listing home price in Wilmington is $214,900. In Long Island City, that median home price is $995,000, and Arlington the price is $599,900. While every city and town is different, Wilmington remains an affordable and desirable residential city almost directly between these two new Amazon hubs.
Summarized from the article “Wilmington poised to reap benefits from Amazon’s new HQ2 sites” from Delaware Business Times.


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Apple Inc. is expected to reveal the iPhone 5 at an event in San Francisco next week, which means the holiday quarter is going to be a tough one for competing smartphones.
Nokia, a Finnish company, revealed the new phones in New York. The American market is a trendsetter, but Nokia has been nearly absent from it in the past few years.
One of Elop's goals is to recapture the attention of US shoppers.
Facing stiff competition from Apple's iPhone and devices running on Google's Android software, Nokia has tried to stem the decline in smartphones in part through a partnership with Microsoft Corp. announced last year.
It has moved away from the Symbian operating platform and has embraced Microsoft's Windows Phone software.
Image: Jo Harlow, vice president of Nokia, introduces its newest smartphone, the Lumia 920, equipped with Microsoft's Windows Phone 8.


text: Crecente got a chance to play Warmonger, Operation: Downtown Destruction back in June at NetDevil’s anniversary party, and they pretty much had to pry him away from the computer. PC gamers will soon get a chance to see if they experience similar ass-stickiness as NetDevil announces plans to release the game via digital download on October 16th for the low, low price of completely free. I’ve yet to see any mention of PC requirements, but from what Brian wrote back in June the AGEIA PhysX card will not be one of them, with an option to turn off the effects for PC’s without. This is good, because my AGEIA card from BFG arrived dead, and I’ve yet to take them up on that lifetime replacement warranty. I’m not good with shipping things, apparently. In honour of the impeding release, NetDevil has produced a veritable art gallery of destruction. Enjoy!


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Fiven A/S, an OpenGate Capital LLC portfolio company and specialty materials platform, could hit the block in early 2023, The Deal has learned.
The European silicon carbide maker has been rapidly growing over the past few years and is shaping up as an attractive near-term takeover target, four industry sources said. Supply chain bottlenecks and increasing demand from the electric vehicle and energy infrastructure end markets have aided that growth.
OpenGate held discussions this past summer with banks over an advisory role on a future sale of the business, said two of the sources, who were familiar with the discussions. An auction has not kicked off officially, however, and a broad sale process would likely not begin until early 2023 at the soonest, three of the sources said. OpenGate may also decide not to sell in 2023 and retain the platform, which it has only held for a little over three years.
OpenGate has built Oslo-based Fiven to well over €30 million ($) of true Ebitda over the past 12 months, according to sources familiar with the business, from around €20 million in Ebitda when it purchased the business in May 2019 from French building materials maker Cie de Saint-Gobain SA.
Securities filings show the company’s adjusted Ebitda for the 12-month period ended June 30 is about €41 million.
Editor’s note: The original, full version of this article was published Nov. 3, 2022, on The Deal’s premium subscription website. For access, log in to TheDeal.com or use the form below to request a free trial.
If you’re already a subscriber, log in to view this article here.


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Citi and AT&T renew their credit card partnership
Citi and AT&T renewed their portfolio of co-branded consumer credit cards in the United States as part of a multi-year extension to strengthen customer engagement and continue to deliver innovative products and offerings, according to a press release sent by e- mail to PYMNTS.
Cardholders can earn rewards with their AT&T Access Card on AT&T-related purchases and other purchases, the release said. Users can earn 2x the ThankYou Points on products and services purchased from AT&T, as well as on every dollar spent on qualifying retail and travel purchases. Cardholders will also be able to access ThankYou reward points for gift cards, travel rewards, electronics and more.
âWe have a long history of working closely with Citi to deliver innovative credit programs,â said AT & T’s vice president of intellectual property. Scott Frank in the output. âWe look forward to the value this renewal will bring to our customers across the United States by rewarding them for their daily purchases and further fostering long-term loyalty. “
Rewards and loyalty are a crucial way to retain and attract customers, PYMNTS found in its November Cardholder Loyalty Engagement Report. This is especially true among specific demographics, as the report found that 32.7% of bridging millennials and 32% of people earning more than $ 100,000 are likely to switch financial institutions (FIs) for funding programs. loyalty and more attractive rewards.
Citi Head of US Branded Cards and Lending Pam habner said in the statement that the company looks forward to “continuing to work together to deepen and expand the partnership to deliver significant benefits and value to a digitally engaged consumer base.”
Citi renewed other partnerships, including one with Tractor supply company (TSC) for a decades-long credit card relationship that offers both a personal credit card and a business credit card. The agreement marked an ongoing commitment to the TSC credit card portfolio.
AT&T, meanwhile, has been working on introducing new capabilities like 5G – and what to do with it, PYMNTS reported. AT&T Director of the 5G Center of Excellence Jason inskeep said the negotiator comes in terms of how infrastructure creates experiences.
âIt might not be flashy, maybe not super bright, but the customer experience is improving,â Inskeep told PYMNTS.


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The Weekly Consensus™ brings to your inbox every Monday a summary of the major stories that impacted consumer businesses in the prior week. It also includes “The Big Story” – and editorial by a Consensus professional commenting on an item of significance to the industry.
Last Monday, my colleague wrote a piece in this space about the challenges faced by traditional malls and how mall operators are responding to COVID-19 called “The End of the Mall as We Know It?” One particular news item that broke in the subsequent days made that title seem nearly clairvoyant. The Wall Street Journal […]
COVID-19 has wreaked havoc on retail and accelerated a number of trends that were already challenging for traditional malls. One such trend, the growth of ecommerce, was fast-tracked in 2020, with stay-at-home orders and retail shutdowns driving much of the change. According to Adobe Analytics, U.S. online sales reached $73.2 billion in June, an increase […]
Despite the economic turmoil brought on by the COVID-19 pandemic, one segment of the consumer products industry continues to race ahead as though nothing is wrong: plant-based foods. Leaders like Impossible Foods and Beyond Meat continue to grow but are now facing increased competition from other emerging plant-based food brands and new products and lines […]
In a year in which seemingly nothing has gone as it usually does, Walmart has just added to this year’s long list of anomalies. The Company announced that all stores will be closed on Thanksgiving this year, breaking the tradition of kicking off the Holiday shopping season the night before Black Friday for the first […]
“No more pencils, no more books. No more teacher’s dirty looks.” – Alice Cooper This song favored by students is belted out every year at the end of the school year. However, in these strange times, this song may have relevance at the beginning of this school year. The Back to School season is […]


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“Like gangbusters.” That’s how Joe Fisher, chief executive for Azusa, Calif.-based startup CFX Battery envisions the company growing in 2010. Of course the lithium-ion battery cell developer will need funds to do that, and Wednesday announced that it has raised $14.2 million in a second round of financing to help it continue research and development, set up production, double its staff and begin its first deliveries.
Fisher told us in an interview that the company plans to turn on its initial production line by April, with plans to churn out hundreds of prototype battery cells each day in the short term. In the second or third quarter of this year CFX plans to ramp up to more than 30,000 per day, and by year’s end the company hopes to start shipping to customers.
Co-founded in 2007 by Rachid Yazami, research director of France’s National Center for Scientific Research, Caltech professor Robert H. Grubbs and French chemist Andrew Hamwi, CFX Battery is working with technology developed at Caltech to produce prismatic (flat), cylindrical, thin-film and coin battery cells.
As part of this year’s planned ramp-up, CFX (one of our 20 Battery Startups Hitting the Road with Lithium-ion) expects to grow its team to 50 people over the next four months, up from just 26 today and only seven people a year ago. Fisher anticipates half of the new hires will be engineers and lab technicians, and the other half will work on production.
Today’s announcement comes nearly six months after CFX Battery announced the first $5 million of this round, and it brings the startup’s total financing to nearly $30 million. According to Fisher, the startup’s current funding will see CFX through the middle of 2011, when it then expects to seek additional financing.
Already, Fisher told us CFX has a “major effort is under way” pursuing government funds from a range of sources, including grants and loans at the state and federal level, military projects, and programs funded by the Department of Energy, DARPA and the National Institute for Standards and Technology (NIST).
“We purposely didn’t go after a lot of the auto funding opportunities,” said Fisher, notably the battery grant program. “We didn’t want to take our eye off the ball,” he said. Many of the smaller, venture backed startups that applied for funding under the program, and were disappointed to see big grants go to some of the industry’s heavyweights, “really were only dreaming,” said Fisher.
CFX business development chief Eric Lind explained some of the earliest markets for CFX tech will likely be niche transportation applications, like tire pressure monitoring, and specialty applications like custom RFID cards and displays. Potential customers in the consumer electronics and defense sectors have also expressed interest, he said.
This plan is consistent with what CFX has described in the past: focusing first on building “primary” lithium batteries, which can’t be recharged, gaining a foothold in established markets, and then reinvesting the revenue into the company’s rechargeable battery work for applications including electric cars, as well as mobile phones and laptops.
In March, CFX plans to reveal some more information about “why our tech is different from all the other stuff that’s out there,” said Lind, which could involve a partnership or two, he added.
CFX hopes to “play” in the automotive, as well as the smart grid, market “eventually,” said Fisher, but it’s targeting lower-hanging fruit to start. “We’ll let the big guys fight it out on the smart grid and auto, and hype it,” he said. “In the meantime, we’ll go after smaller, more profitable niches.”


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Glioblastoma, a particularly aggressive form of brain tumor, has a promising treatment pipeline, with 120 first-in-class programs acting on 86 first-in-class molecular targets, according to business intelligence provider GBI Research.
The company’s latest report states that the glioblastoma therapy pipeline, which includes 512 products active across all stages of development, is moderately sized but highly innovative. Potential factors driving the pipeline include vast unmet need, a growing patient pool if disease prognosis can be improved, a lack of approved options in the market landscape, and a recently improved understanding of the disease pathophysiology, facilitating the development of novel compounds.
Pipeline innovation has far-reaching strategic implications for all market participants as, despite the high attrition rate in glioblastoma, it is highly likely that many of the numerous first-in-class products, a number of which are supported by promising preclinical data, will reach the market over the coming decade, potentially transforming the clinical and commercial landscape.
For players in the market, the case for investment in innovative products has not weakened as a result of the challenging commercial environments in developed markets and, increasingly, developed nations. On the contrary, despite higher stakes and greater risks, the return on investment for innovative products reaching the market remains attractive and could increase in significance in years to come.
There are many signaling pathways and cellular processes in glioblastoma that remain untargeted by the limited number of associated marketed products. While growth factor signaling, such as by vascular endothelial growth factor, is inhibited in current glioblastoma treatments, evidence is mounting for the importance of other parallel mechanisms, such as cancer stem cell growth, and extracellular matrix remodeling.
In terms of the glioblastoma deals landscape, activity is moderate and the mean value for co-development deals is below the industry average at $196.2 million, although the mean value of licensing deals is above the industry average at $168 million, according to GBI Research.
One of the most lucrative recent deals, a licensing agreement between AstraZenenca and Targacept, involved a current first-in-class product, and was valued at $1.2 billion. Despite the risk that can be associated with first-in-class products, they have still been shown to be a highly desirable investment option.


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Gert G. Wagner has been reappointed to the Council of Consumer Affairs Experts (SVRV)
The German Council of Consumer Experts advises politicians and prepares expert reports on the situation of consumers in Germany.
Gert G. Wagner has been reappointed to Federal Ministry of Justice and Consumer Protection’s Advisory Council for Consumer Affairs (SVRV). The Advisory Council, which was set up in 2014, advises policy makers and prepares expert reports on the position of consumers in Germany. Its goal is to use research findings to help shape consumer policy. The Advisory Council began its second term of office on 10 December 2018.


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Steve Madden has announced its first ever African collaboration with South African powerhouse Bonang Matheba, she’ll bring the Steve Madden Bonang Matheba Holiday Select Collection to market. As part of the brands build-up in celebrating 10 years in Africa, this collaboration once again proves Steve Madden’s trend-setting edge.
The holiday range selected by Bonang Matheba includes six footwear and two handbag styles that in the style-icon’s eyes, epitomises the celebratory mood of a South African summer. “I was looking for styles that would be great to holiday in, celebrate in, dance the night away in or even be the perfect gift to spoil someone special with over the festive season,” she said.
Looking at the range, which can be identified by their signature Bonang packaging, Bonang has nailed it. The range is to be launched at Steve Maddens Spring/Summer collection launch on 7 November and will be available in stores and online from 06 November 2022.
— Bonang Matheba 👑 (@Bonang) November 1, 2022
The official launch and fashion showcase of the Steve Madden Spring/Summer collection, to be held at Zeitz Mocaa Museum in Cape Town on 7 November, is anticipated to be an invite-only, all-star affair with local celebs, top SA influencers, friends of the brand and the international team from New York in attendance. Top brands that have partnered with Steve Madden for the launch include Lift Airlines, WINK Aparthotels, House on BNG, SoHo and Mac Cosmetics.
Watch the exclusive behind the scenes of the Steve Madden deal on Bonang Matheba’s YouTube channel from Tuesday, 1 November 2022.
About Steve Madden
Steve Madden designs, sources and markets fashion-forward footwear, accessories and apparel for women and men. In addition to marketing products under its own brands including Steve Madden. Steve Madden also designs and sources products under private label brand names for various retailers, stores and e-commerce websites. For local store information and the latest Steve Madden boots, booties, dress shoes, fashion sneakers, sandals, slippers and more, please visit www.stevemadden.co.za.


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According to a 2013 survey, over 95% of Bitcoin users are male. This gender imbalance has not gone unnoticed the community.
Last week Cryptomoms.com launched in hopes of leveling the digital currency-playing field. The site, created by the same team who created DNotes
and run from the Midwestern United States, states its mission thus:
“Cryptomoms.com is a digital community center with a dedicated mission to encourage and assist women to participate in the emerging world of crypto currency overwhelmingly dominated by men.”
For their part, Cryptomoms.com celebrated the site launch by giving away up to 3 million DNotes, including over 175k worth of DNotes in its random Retweet contest and 250 DNotes to every new member providing their wallet address. Those without an account are advised to check out exchanges Allcoin and Poloniex, where DNotes are accepted.


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February 27, 2020
Burger King’s New Ad Campaign Turning Heads
In recent years, Burger King’s advertising has been dominated by a guy in a giant “king” head turning up in various places offering strangers food, a concept that some found funny and others found creepy. Now, Burger King’s marketing department is pushing things even further, turning heads and raising eyebrows with its latest in-your-face campaign.
The latest ad, which is capturing attention in both Europe and the U.S., features Burger King’s signature Whopper sandwich covered in mold. The message, Burger King says, is that the brand is in the process of removing artificial preservatives from the Whopper. Translation: our burger is healthier, fresher, and will taste better. On social media, where interactive media is a must, Burger King is blowing up Twitter feeds with a timelapse video of a burger decaying in “real time.”
The campaign was a risk, especially in the knee-jerk, insta-reaction culture of social media. Many people expressed disgust and revulsion at the initial imagery. But, then the ad circulated enough for people to grasp what was being communicated, and the negativity began trending toward awareness of what was being said. One of the biggest fast food burger chains in the world was making a big shift toward better food.
As of February 21, the change is only in effect in around 400 of the brand’s 7,346 U.S. stores, as well as many across continental Europe. However, the gradual rollout allows the company to troubleshoot any potential issues while maintaining a consistent positive narrative position for at least the remainder of the year. Fans interested in the shift will continue checking to see if their local Burger King store has made the change, creating a lot of extra interest and earned media for the chain from coast to coast.
The brand is already teasing this news, promising that, by the end of 2020, every food item on the menu – sandwiches, sides, and desserts – will no longer have artificial flavors, colors, or preservatives across the U.S. and in “select” European cities.
This announcement comes on the heels of a move by industry leader McDonald’s promising to remove all artificial preservatives from at least seven of its most popular menu items. These parallel announcements signal a change in the fast food industry, which has been losing market share to so-called “fast casual” restaurants that offer better-quality food in a timely manner.
While many consumers still want fast and cheap over tasty, millions have voted with their wallets to put a higher priority on taste and quality. This consumer trend forced big names in fast food, like McDonald’s and Burger King, to rethink their unique value propositions. Item one: shift public perception of the quality of their food and getting rid of artificial preservatives should be a popular step in that direction.


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New Pokemon Go Event: The Global Water Festival
These days, Poekmon Go is launching a new made-up event, the global Water Festival which featured more water Pokemon. Now, the event has kicked off and it concludes on March 29, 2017, at 1 P.M. PDT.
In celebration of the worldwide festival, three main Pokemon spotlighted will be available in Pokemon Go. There are Magikarp, Squirtle, Totodile and their evolutions, meaning Gyarados, Wartortle, Blastoise, Croconaw and Feraligatr. If you are luck enough, you can even see an ice Pokemon, Lapras, who is known for its ability of increasing spawn potential.
In the duration of the event, there will be more opportunities to encounter spawns of Gen 2 Johto water Pokemon in areas where Water-type Pokemon more commonly appear.
Moreover, it supposed that it may be an omen for the addition of more types of Pokemon while Pokemon GO now has its first shiny. Players have the possibility of getting a gold, shiny Magikarp, which can evolve into the famous red, shiny Gyarados.
According to players who have caught the new shiny Magikarp, shiny Pokemon don’t appear any differently on the map that standard Pokemon. Only when you actually tap on the Pokemon to encounter it. Additionally, a pop up with a unique warning will appear if you try to transfer a shiny Pokemon to the professor.
Plus, you can buy a new avatar wardrobe item, the Magikarp Hat with Pokecoins now during the event. If you want to save time in Pokemon Go, buy pokemon go account or rare pokemon at www.pokemonbux.com. We'll never let you down.


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Car Sales Decline in February 2019, Says PAMA
The Pakistan Automotive Manufacturers Association (PAMA) has released its latest statistics for the month of February 2019, and they don’t look good.
According to it, the sales of locally manufactured cars fell by 13% in February 2019. This is largely being attributed to fewer working days in the month of February and decline in the sales of Suzuki Mehran and Bolan. It is worth reminding our readers that Mehran and Bolan form a significant chunk of car sales in Pakistan and when their sales go down, it affects the entire sales statistics of cars.
In January 2019, a total of 19,353 units of passenger cars were sold, while in February 2019, only 17,071 units were sold. The units of passenger cars sold in February 2018 was 19,027, while the same sold in February 2019 was 17,071.
Indus Motors, however, posted positive sales statistics as their sales grew 8% from February 2018 to February 2019. In February 2018, they had sold 5,108 units, while in February 2019, the sold 5,529 units. In February 2018, 184 units of Fortuner were sold, while 332 units of the same were sold in February 2019. Hence Fortuner recorded an 80% increase in sales in year-on-year comparison. Hilux sales however declined by 72%, the highest decline in 19 months.
Meanwhile Toyota’s other two competitors, Suzuki and Honda continue to fare badly. Suzuki posted a 17% decline in sales in February 2019, while Honda was the worst hit with a 27% decrease in sales. This is Honda’s worst year-on-year decline since April 2012. City and Civic were both worst affected as their sales declined by 24%.
Civic, which is of 1,799cc engine displacement is likely to get hit further. The government has recently levied 10% FED on locally manufactured cars of 1700cc and up engine capacity. This will increase the price of Honda Civic further, hence affecting its sales in future.
While the decline in passenger car sales for the month of February 2019 is largely being attributed to fewer working days and Suzuki Mehran and Bolan, broadly speaking there are other reasons too. The main reason, however, remains Pakistani rupees depreciation against the US dollar, increasing petrol and diesel prices and higher interest rates. And since these factors are likely to remain in the foreseeable future, car sales would, therefore, remain on the downside in the coming times too. Though the government has lifted the ban on non-filers from purchasing locally manufactured cars of all engine capacities.
It would be interesting to see whether the lifting of the ban on non-filers will offset rising car prices in the market.
For all automotive industry related news, stay with PakWheels.


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Michael Stumo \ January 3, 2022 \ The Washington Times
In addition to the health crisis spawned by the COVID-19 pandemic, the United States is now experiencing significant shortages of consumer goods.
These troubles extend across a wide range of products, including everything from bicycles and cars to prescription medicines. But the problems run even deeper since some U.S. companies cannot assemble products without needed components from overseas. It’s a challenge that doesn’t affect all companies equally, however. Despite a global slowdown, U.S. manufacturers that have chosen to rely on domestic suppliers are doing good business right now.
Clearly, plenty of U.S. companies are struggling, though. And what’s hampering their work is a breakdown in the transoceanic supply chains that extend from Asia all the way to factories in America’s heartland. Realistically, it’s a crisis spawned by America’s hefty over-reliance on imports. The solution, however, is for America to start reclaiming these manufacturing sectors and become more self-sufficient. The good news, though, is that a number of U.S. manufacturers are already demonstrating the advantages of relying on domestic suppliers.
How exactly has the COVID-19 pandemic led to product shortages? There are several factors. As just one example, when the coronavirus first emerged, many countries banned exports of essential medicines and health care materials to conserve supplies. That left U.S. hospitals struggling to address basic medicines and personal protective equipment shortages.
This was merely the start of a domino-like effect of shortages across many industries. Factories and ports in China and other countries slowed down — or halted production entirely. Since then, demand has continued to climb, particularly for household goods sold by Amazon and other online retailers. As a result, overseas producers are struggling to play catch-up with global demand.
More recently, however, cargo ships have hit major congestion at America’s west coast ports. Scores of ships are backed up and waiting to enter the U.S., leading to further bottlenecks. This heavy backlog has driven up the price of cargo delivery from China to five times higher than it was a year ago.
One consequence is that U.S. consumers are now facing product shortages. But many domestic producers are also stuck — since they’re waiting on the imported components required for final product assembly. And that simply exacerbates this cycle of product shortages.
News pundits have made much of this issue. But they continue to ignore the obvious solution — start making more goods entirely in the U.S. That would be the common-sense answer to continually waiting on the delivery of materials and products from China.
A practical example of such a “Made in America” approach is Z Modular, which manufactures large-scale housing projects at facilities in Texas, Arizona and Alabama.
To build its multi-family homes, Z Modular uses a lot of structural steel and other construction materials. But because the company sources its materials from the U.S. and North American suppliers, it has avoided many of the product shortages affecting other manufacturers. In fact, the company president, Mickey McNamara, says that Z Modular does not buy any products from China — a strategy that has helped to insulate it from the current supply chain crisis, particularly when demand for multi-family housing remains high.
This is a good lesson for policymakers in Washington. It’s past time for America to rebuild its domestic manufacturing base. Doing so could help reduce a dangerous national dependence on China — and ensure that, in the event of another pandemic, the U.S. doesn’t face more shortages of everything from household goods to medical equipment.
For too long, policymakers have championed cheap imports as a cure-all for the U.S. economy. But that has led to the current over-dependence on imports. It’s an unnecessary risk for the nation’s economic security. The solution is obvious — start manufacturing more materials, products and equipment at home.


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Washington — The Business Roundtable has announced its commitment via a letter signed by 181 corporate CEOs to operate their business to benefit all stakeholders including not just shareholders, but customers, employees, suppliers and communities. The Computer & Communications Industry Association applauds the Business Roundtable for encouraging corporations to re-articulate their purpose.
As an international tech trade association, CCIA has long believed that it is our obligation to promote the interest of the entire tech ecosystem including companies, employees, customers and the public interest in general. The following can be attributed to CCIA President & CEO Ed Black.
“CCIA has always been sensitive to the uniquely significant role of technology and communications, and believe advancing our members’ interest means also advancing consumers’ interests and the broad public interest in preserving liberty and an open democratic society. The tech industry has a unique ability to enhance peoples’ ability to gather information, learn, analyze, and communicate – thus supporting the fundamentals of our free society. We appreciate the Business Roundtable’s effort to redefine the positive role its private sector members can also have in protecting and advancing the interests of their many stakeholders and society at large.
“CCIA and our companies remain committed to protect the tech industry as a whole, our members and stakeholders and to advance society’s ability to benefit from the positive contributions that our industry can make, ever mindful that there are those who will seek to misuse our technology.”


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Colorado, USA /
Is it a matter of karma? A store of sporting goods announced that it is in the bankruptcy after stop selling products Nike for being the brand that sponsors Colin Kaepernick, the former field marshal of the San Francisco 49ers.
Leader of a social movement against police abuses towards black people, Kap began the "rebellion" of putting one knee to the ground while singing the Anthem of the U.S, measure supported by many athletes and athletes, but also criticized by the president of the country, Donald Trump.
The store called "Prime Time Sports", in the voice of its owner, accepted that they had to close as soon as possible for being in bankruptcy after adopting the measure against the powerful American firm of clothing and sporting goods.
"I can not keep it open anymore. Having a sports store without Nike is like having a milk shop without milk or a gas station without gas. How do you do it? They have a monopoly on jerseys, "said the owner.
The establishment, which in the past retaliated against the player Brandon Marshall by canceling an autograph session for its demonstration by Kaepernick, is in the process of liquidating your merchandise.