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The country is taking baby steps to recover the economy. As the lockdown extends, there is some relief as the e-commerce sectors will have a small reopening where essentials can be delivered. The resuming of small industrial and logistical activities will help in benefiting the operators. The uncertainty about the supply chains is still intact. The rules of the lockdown are strict, it will be difficult for small industries to resume production as they cannot call back the laborers immediately who have left the city. The welcoming decision of the government that has allowed few sectors to restart operations will be a small relief to this catastrophic humanitarian crisis. As certain sectors may get some relief after May 3rd, there will be a grave concern about the labours. This crisis is like the snowball that is getting bigger as it rolls down, crushing everything in its path.
If the operations begin in May, then many industries will pause the production and wait for their labourers to return rather than employing the local labour who may or may not know about the operating cycle. Employing new labourers will include intensive training and the industries would want a full-blown production without any new task or training.
There was a wave of disappointment in the Indian households as the government reversed their decision to deliver non-essential items. E-commerce companies like Flipkart and Amazon were eagerly waiting to resume their logistics but it appears that they may have to wait a little longer.
Your E-commerce Business:
The e-commerce recovery will happen by turning the inactive customers into active carts. According to Apsis, this can be done with RFM (recency, frequency, monetary value). Personalization will be a key factor in turning the inactive customers into active shoppers. Your new strategies will reciprocate into recovery rate and the revenues.
Before the lockdown. The average stats dictated that on an average less than 2% of website visitors became paying customers and more than 76% of customers abandoned their carts. If you want your e-commerce business to bounce back, you have to increase the former percentage and decrease the latter. The e-commerce recovery will include more nudges to the end customer. The tactics will have to be out of the box and you have to increase your reach. You cannot rely on your loyal existing customers. This lockdown period has turned many e-commerce atheists into believers of online shopping.
There will be a new found market of those shoppers who will be skeptical about going out. So don’t lose out on the abandon cart tactic, and continuously remind the customer to purchase items they clicked and added to their cart. These were a few tactics for your business, let’s take an overview of the entire industry and take an estimate as to how the e-commerce sector will pull up, dust itself and shine through.
The industry recovery:
The short-term impact of the pathogen pandemic is severe. The most resilient retailers are the omnichannel retailers, they have survived due to their immunity. Their entire labour has proven to be fruitful and their past investments in omnichannel retail will help them stand firmly once the sector reopens. According to Capillary technologies, the Indian retail witnessed a drop in sales by 55% before 31st March. This percentage has increased since then. The post lockdown era will be more challenging for the offline sellers as their footfalls will take ages to normalize.
The Indian government is doing everything they can to contain the situation but the retailers will be on the outlook for a mantra. Their peers from recovered countries may have a blueprint of restarting the business after a shutdown for months.
The sectors which are directly dependent on the people’s behaviors will take the longest to recover. The pharmaceutical, health and digital companies will keep on being on the rise following the pandemic. The e-commerce connected sectors like IT, logistics, supply chain and entertainment will be amongst the ones to do well immediately. Other sectors like transportation, warehousing and storage will come back immediately to life after the lockdown. As soon as the mobility of post-production of goods will begin, these sectors will come back to life. Business like hospitality and shopping malls will take more time to gain momentum.
The delivery services from e-commerce and normal retail will pick up providing more business opportunities to the retail industry. The apparel industry on the other hand is still tumbling down the lockdown hill and there are no signs for it to stop. It may soon be size zero for the apparel industry as the production is not likely to start anytime soon. The leisure activities like travel, vacation and adventure will take the longest to get back on track.
It is an undeniable fact that after the lockdown this conditioning will internalize social distancing and it will be difficult for human behaviour to take any risks by moving out to crowded places immediately. The overall effect is evident to the massacre of the nation’s economy. Categorically few sectors will have the advantage to bounce back immediately. Others will need persistence and perseverance to sustain during the lockdown and after, when it may take a substantial amount of time to make a comeback. Things are looking promising for the e-commerce industry. When the last pandemic spread (SARS), the e-commerce industry boomed as people started shopping online. This trend grew into a multi-billion dollar business. This pandemic will also give birth to some groundbreaking trends and behaviour shifts.


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More Montanans Are Choosing Cremation
MSU Extension Offers a New MontGuide to Help You Decide
BOZEMAN — According to Montana State University Extension educators, Montana’s cremation rate is well above the national average. In 2020, 79% of people who died in the state were cremated. To address the rise in interest, MSU Extension has released a MontGuide on the topic.
According to data from the National Funeral Directors Association, the U.S. cremation rate was nearly 56% in 2020, up from just over 40% a decade prior. James Brown, executive director of the Montana Funeral Directors Association, said there are myriad reasons behind the increase.
“There are many factors contributing to the rising popularity of cremation among consumers, including cost considerations, environmental concerns, an increasingly transient population, fewer religious prohibitions against the practice, and changing consumer preferences, such as the desire for simpler, less-ritualized funeral ceremonies,” Brown said.
The charge for cremation is typically less than a traditional burial, Brown said. However total cost depends on the services desired by the family and the products requested from the crematory. The Federal Trade Commission has information about funeral costs and a pricing checklist which includes cremation, says Marsha Goetting, MSU Extension family economics specialist.
In Montana, the state’s Board of Funeral Service, under the Montana Department of Labor and Industry, licenses and governs crematories, crematory operators and technicians, mortuaries, morticians and privately owned for-profit cemeteries. It also hosts a license lookup system that allows consumers to find license or discipline information. More information on the board is online at https://boards.bsd.dli.mt.gov/funeral/.
According Goetting, the MontGuide answers questions such as: Does my body have to be embalmed? Is a casket required? How can my family be assured that my ashes are the ones given to them? Which survivors can receive my ashes? What can my family do with my ashes? Where can I have my ashes scattered?
“People who desire cremation should place their requests in writing and provide copies of the written instructions to relatives,” Goetting said.
Copies of the MontGuide can be found at https://store.msuextension.org/. Paper copies are also available at county and reservation Extension offices.

domain: news


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MEDWAY, MA — As the health club market continues to struggle, Cybex International, Medway, MA, is increasing its focus on markets beyond health clubs and changing its pricing, according to John Aglialoro, Cybex CEO.
Aglialoro noted the changes last month in a third quarter financial call with shareholders and analysts.
“We are going to adjust our list prices according to value,” Aglialoro said. He added that Cybex is competitive in the treadmill market, and the company's Arc Trainer was superior to ellipticals, something that would be reflected in the products' list prices.
“We're going to approach each of the products according to value,” he added. “Where we see a disparate pricing like the Arc Trainer vs. the ellipticals, we're going to price accordingly. We're going to sell for value, and that will give us a lot of flexibility to provide good pricing for the customer but within a balance we can handle.”
The pricing will extend to the strength side, too.
“We're going to price some of our strength equipment well above the competition based on value,” Aglialoro said, noting the company's new Bravo Functional Trainer, which he said had done well in some university research tests. “If we find ourselves locked in to where our value is not as good, we will lower list prices… . We need to separate ourselves from the competition based on the work and products we fashion with our engineering and our design, so that's what we're going to do.”
Aglialoro also noted that Cybex would focus more of its attention on the government, military, condominium and university markets as those markets expand. During the past 10 years, he said that health clubs went from being 85 percent of the market to now being about 50 percent of the market. The growing side of the market is now in the military, government/municipalities (fire and police departments) and universities.
“So we see that the changing customer base is something we need to respond to,” he said.
Aglialoro added that in the past 10 years, 80 percent to 90 percent of the revenues were coming from the United States market, but now the international market is opening up more, so the company will also expand its focus internationally.
Both North American and international sales were down for the company in the third quarter, but domestic sales were down 24 percent while international sales were down 6 percent.
Cybex's third quarter 2009 net sales figure was $29 million compared to$35.8 million for the same period last year. Cybex had net income for the quarter of $0.1 million compared to $0.3 million during the corresponding period last year.


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Piyush Goyal, the Union Minister of Textiles, launched the “One Bharat Sari Walkathon” in Mumbai on Sunday. Sonali Bendre, Rupali Ganguly, and other celebrities attended the function. By inviting women from all over the nation to participate and exhibit their unique sari-wearing styles, the Ministry of Textiles hoped to promote the handloom sari culture in India and portray it as a nation of “Unity in Diversity.” According to a press release from Textile Ministry, the initiative will also support the notion of “Vocal for Local” and foster the spirit of traditional textiles. It will also increase women’s awareness of fitness and motivate them to lead healthier lives.
In this celebration of cultural diversity & empowerment, the enthusiastic participation of more than 5000 women including leading professionals, Bollywood & television personalities, sports personalities, business women, designers, influencers, housewives, women from the music industry and many more joined the event adorned in their distinctive traditional attire.
Previously, Sari Walkathon was organized in Surat.


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Last year was tough for Samsung, the Korean electronics company. It released its most technologically advanced smart device, the Galaxy Note 7, only to discover the product was seriously flawed. So, flawed in fact, it had to recall and kill every device it had shipped. Do you know what went wrong? And more importantly, could your new iPhone 8 be susceptible to similar problems?
Could the New iPhone 8 Blow Up Like the Galaxy Note 7?
When the Galaxy Note 7 released, consumers started to notice something odd about the device. The battery would regularly overheat and in some instances, this made the phone catch on fire. Vehicles were destroyed, houses sustained burn damage and some people even sustained severe injuries. This defect forced Samsung to not only recall the device, but it also forced cellular carriers to issue a software patch that disabled the phone’s ability to charge.
These measures helped to take a dangerous product off the market, and minimized the amount of legal lawsuits Samsung would have to face from injured parties. Other manufactures had a front row seat to learn from Samsung’s mistakes, yet still problems seem to be arising from other companies.
Apple recently released its latest smartphone, the new iPhone 8 and 8 Plus. It is most technologically advanced phone on the market, that is until the iPhone X is released November 3rd, but there is a problem. Reports say that the batteries in some iPhone 8’s are swelling, causing the phones to burst at the seams. Apple is investigating, but the fact that the battery is causing problems doesn’t sit well with some safety advocates.
You see, devices like the Galaxy Note 7 and the iPhone 8 use lithium-ion battery cells. These batteries are known for packing a lot of power into a tiny area, but that comes at a cost. These batteries can be very volatile under the right conditions, and if improperly manufactured, they can burst into flames. This is theorized to be the problem with the Note 7 as well as some hoverboards and eCig batteries.
Swelling of iPhone 8 batteries could be a warning flag that some of these units may not have been manufactured to proper safety standards. And if that is the case, people could get hurt. The product liability attorneys at Moss Hovden are keeping an eye on the situation, and we will post any updates on our blog as they become available.


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- 14 June 2021
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News
The French and Swiss Central Banks are testing the use of digital currency for cross-border exchanges.
Experiments continue with the aim of verifying the real potential of digital currency.
In Europe, England, Norway and Sweden are at the forefront.
In England, a task force has been set up to study any strengths and weaknesses of CBDC.
In Norway, since 2018, they have been studying this opportunity, with Norges Bank that has planned a study group that over the next two years will carry out tests in order to understand if the issue of a digital currency is appropriate.
Sweden through the Riksbank launched a project in the spring of 2017 to examine the possibilities for the creation of a CBDC that could ensure citizens have access to state-guaranteed means of payment.
In these two countries, they want to take advantage of how keen the population is on this change, considering that Scandinavian nations see only 4% of payments made using banknotes or coins.
Now it’s the turn of the Swiss National Bank and Banque de France who have announced a trial employing wholesale central bank digital coins (wholesale CBDC) for cross-border settlement.
The operation will be carried out together with a private sector consortium led by Accenture and including Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS.
Called Project Jura, like the mountain ranges that separate France and Switzerland, the initiative will assess the potential benefits and challenges of digital currency in the settlement of cross-border payments.
The experiment will explore cross-border settlement with digital versions of the euro and Swiss franc with a French digital financial instrument on a distributed ledger technology (DLT) platform.
Experiments continue with the stated goal for central banks to keep up with technological developments.


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The app supports Android 2.1 and above, and iOS version 3.0 and above that support Hindi.
With this application the company aims at delivering the latest news to smartphone users on the go. The application provides news from politics, world events, sports, entertainment, business etc.
At present, the app only provides news in Hindi, but it is expected that developers will also make English news available through the application, though there has been no announcement on that. As of now, the application supports Android devices running version 2.1 and above, and devices running iOS version 3.0 and above that support Hindi.
The application also allows users to share news articles using social networking websites such as Facebook and Twitter. Along with that users also have the option to share news using the native email client on the device.
Along with that the application allows users to stay updated with news related to their city and locality as well, with a special section for local news. Users can very easily select their city from a list and get news related to that city delivered on their smartphone.
Check out the tablets, mobile phone launched this week
Priced roughly at around Rs 31,000, the ZTE Axon Elite offers a fingerprint sensor. It is said to have voice and eye scanner as additional security devices as well.
Facebook Messenger app reached 700 million monthly active users in June.
The Galaxy Note 5 is the latest offering of Samsung that offers superb features.
The Asus ZenFone Zoom offers 3X optical zoom and promises DSLR-style shooting experiences.
Asus has packed in 300mAh battery in the 1.45 inch watch while a 400 mAh battery powers up the 1.63 inch display variant.
To be priced at $299 onwards.
Gionee S5.1 Pro is upgraded version of its Gionee S5.1 phone with 5.35mm thickness.
The new Yu Smartphone will be available exclusively on Snapdeal
Lenovo Vibe P1 and Lenovo Vibe P1m come with 5000mAh 4000mAh battery packs respectively.


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Ryanair ban on charging mobiles
BUDGET airline Ryanair is cutting more costs - by banning its staff from charging their mobile phones at work. The no-frills airline is well known for squeezing costs out of its business in unusual ways
The cut-price carrier's staff already have to buy their own uniforms and passengers do not get assigned flight seats and all food and drink is charged for.
Now it has decided to save a few more pence by making employees charge their mobile phones before they leave for work. A Ryanair spokeswoman said the company did not believe using a mobile phone charger at work was acceptable. 'The cost may not be expensive but every penny saved counts and all savings go towards lowering fares for European consumers,' she said.
The airline has said that the ban on mobile phone charging did not originate with its colourful chief executive Michael O'Leary and insisted that staff at the head office in Ireland had not been upset by the ban.
The company has used unconventional methods to gain free publicity. Its decision to increase the bust size of the female form on its aeroplanes in 2003 attracted acres of tabloid coverage. O'Leary later said it had saved the company tens of thousands of pounds in advertising costs.
The carrier ran into legal difficulty and widespread negative publicity after one of its disabled passengers was charged £18 for use of a wheelchair at Stansted airport. The Central London County Court ruled that Ryanair had acted unlawfully by not ensuring that a wheelchair was provided free of charge. Now all passengers have to pay a wheelchair levy on their Ryanair fares.
The controversy has not harmed Ryanair's popularity. The airline has expanded rapidly in recent years and is now Europe's biggest low-cost carrier. It reported profits of £20m in the last quarter of 2004.
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Former Muncie Marsh stores will become Pay Less
MUNCIE, Ind. — Kroger Co. will be coming to town with the reopening of two Marsh grocery stores, but they won't be called Kroger.
Instead, word was received Wednesday the two stores will be reopened under the Pay Less Supermarket banner. In a news release, a subsidiary of Kroger, Topvalco, and Marsh finalized the purchase of 11 former Marsh Supermarkets as part of bankruptcy proceedings filed by Marsh. A federal bankruptcy approved the acquisition last month. Among those stores are the West McGalliard Road and Tillotson Avenue sites.
An earlier Star Press article reported Kroger acquired the 11 former Marsh stores for $16 million.
The release said each of the 11 stores has been evaluated "from top to bottom, from the roof to the parking lot." by a Kroger task force. Deferred maintenance will be addressed first during a renovation. Seven of the 11 stores acquired by Kroger — including both Muncie sites — will be the focus of Kroger engineers. The future of the four remaining stores in this purchase will be determined later.
It might be months before the Pay Less branded stores reopen, though.
"We understand the excitement that comes with anticipation of a new neighborhood Kroger store," the release said. "But re-opening is not as simple as taking possession of a building and turning the lights back on. A traditional renovation, in a busy store, may require six to eight months. Working when the stores are empty, as they are now, allows Kroger engineers to accelerate the remodeling."
Kroger will dedicate more than $20 million to renovate the buildings, prepare for additional features and add energy saving technology. Kroger has committed to becoming a zero waste company by 2020.
The release said many former Marsh employees are training or working at nearby Pay Less stores. Kroger expects to provide jobs to a "substantial number of people who worked at these former Marsh locations."
Pay Less stores can be found in Anderson, Lafayette and West Lafayette.
These former Marsh stores have been added to the Kroger real estate portfolio as part of the bankruptcy settlement:
Bloomington, 1825 Kinser Pike
Bloomington, 123 S. Kingston Drive
Brownsburg, 843 E. Main Street
Fishers, 12520 E. 116th Street
Greenwood, 2904 S. Ind. 135
Indianapolis, 227 W. Michigan Street
Indianapolis, 1435 W. 86th Street
Muncie, 1500 W. McGalliard Road
Muncie, 715 S. Tillotson Avenue
Zionsville, 10679 N. Michigan Road
Zionsville, 5 Boone Village
Email Ward at firstname.lastname@example.org. Follow him on Twitter: @JeffWardTSP.


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Dealer group Lookers enjoyed a massive 558 per cent rise in underlying pre-tax profit to £90.1m last year, mainly thanks to strong used car margins.
Its results for the year ended December 31, 2021, which were released to the London Stock Exchange today (Apr 6) and beat analysts’ expectations, also show that revenue rose by more than nine per cent to £4.05bn.
Gross profit margin at the Car Dealer Top 100 company increased to 12.8 per cent versus 2020’s 11.1 per cent. Statutory profit before tax, meanwhile, went from £1.5m to £90m.
Chief executive Mark Raban said: ‘2021 was a record year for Lookers. We navigated another year of limited new vehicle supply and Covid-19 disruption.
‘We have reported excellent profits and cash generation, through strong used car margins, continued focus on costs and the unstinting efforts of our people.
‘We have successfully moved back to a net funds position in the business and have a strong balance sheet, underpinned by our property assets, supporting our investment capacity to grow the business.’
He added: ‘The business and our customers face some uncertainties in 2022. New vehicle supply remains very tight. The current crisis in Ukraine and significant cost of living increases will put pressure on consumer sentiment and disposable incomes.
‘However, the group is looking forward to the future with confidence.
‘It has emerged from the challenges of the past couple of years stronger and with a clear strategy to navigate future challenges and drive value for all our stakeholders.’
The underlying pre-tax profit figure was 5.3 per cent above the £86.2m forecast by Zeus Capital, which said it held on to its view that Lookers remained significantly undervalued as did the rest of the sector.
Lookers made 83,000 sales in 2021, giving it a market share of just over one per cent.
It said it expected to expand its omni-channel proposition and will add to its 11 multi-franchise standalone used car centres.
Two ‘Lookers Cube Concept’ multi-franchise used car centre anchor sites of some five acres apiece will be added to its portfolio in 2022 and 2023.
Looking ahead, Lookers said in its statement that the ongoing semiconductor shortage would likely see new car supplies constrained for the rest of 2022.
It added: ‘Headwinds caused by high levels of inflation in areas such as utilities, mean the group will experience material cost increases.
‘Wider inflationary pressures and the macro-economic impacts of the crisis in the Ukraine add significant uncertainty to the trading conditions faced by the group.
‘Notwithstanding these uncertainties, the board remains confident about the outlook, and that the group is well placed for the remainder of 2022.’
In September 2021, Lookers repaid £4.1m of furlough claims relating to the first half of the year, and said it committed not to make any further claims from July onwards.
It says it will also look to repay £1.9m of non-essential retail sector Covid-19 grants received during 2021 in 2022.
The company will return to paying dividends this year, and is proposing a final dividend of 2.5p per share to be paid in June 2022.
New chairman Ian Bull said: ‘Having navigated a difficult year, I believe that Lookers is now at an exciting inflection point, able to look to the future having tackled many of the issues of the past and emerging as a stronger and more agile business.
‘We are now well placed to prosper in an industry which is undergoing fundamental and exciting changes in the face of evolving consumer trends.’
He added: ‘The whole Lookers team deserves credit and the board’s wholehearted thanks for delivering these results and adapting to tough conditions.’
Bull also made reference to the purchase of nearly a fifth of the company’s shares by Cinch owner Constellation earlier this year, saying: ‘In January the board was delighted to welcome Constellation Automotive Group as a significant shareholder in the group.
‘Their investment endorses the board’s view that the group has excellent prospects and is significantly undervalued.
‘The 19.9 per cent holding was purchased from Tony Bramall and family, who remain shareholders in the group, and the board would like to thank Tony for his years of service as a director and for his support for Lookers.’
In a separate statement this morning, Lookers also announced the appointment of Deborah Sherry as a non-executive director effective from today, joining the audit and risk, remuneration and nomination committees.
She was most recently an executive director in the role of chief commercial officer at Future plc and has held senior technology and commercial roles at France Telecom, Google, GE and Amazon, with Lookers hailing her as ‘a highly experienced technology and digital specialist’.
Sherry said: ‘I’m excited to be joining the Lookers Board at a hugely transformative time for the business.
‘With a fresh strategy, record results and a very bright future, Lookers has a tremendous opportunity to strengthen its leadership role in the market.
‘I’m committed to help the organisation take advantage of the opportunities available to it with regards technology, digitalisation and innovation.’


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RUSSIA: Benetton To Set Up Shop In Moscow
Benetton has bought 2,500 sq ms of retail space in Moscow, including the Krasnopresnensky department store, the Moscow Times reported. The Italian group said it would open several outlets in the complex, including Benetton and Sisley clothes stores and a restaurant. It also plans to sell Benetton furniture there, making it one of only two stores to offer the home interiors line - the other is in Vienna.
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When New Mexico’s nascent hemp industry took hold two years ago, it was swarmed with prospective growers who saw dollar signs in those jagged-leafed plants.
But with the coronavirus pandemic and market forces providing a sobering counterweight, the industry has come back to earth — tethered to the reality that growing hemp, like growing almost any product, isn’t easy and offers few guarantees, let alone guaranteed payoffs.
“The hemp industry has a long, long ways to go,” said Jill Browning, chairwoman of the New Mexico Hemp Association.
Yet despite the up-and-down fortunes of the crop’s early years — “a mixed bag,” as Browning puts it — hemp producers still see great potential dead ahead. As the state and nation show flickering signs of rebounding from the virus-induced economic slump, those in the hemp industry say New Mexico is a prime spot for growers who can navigate the regulatory and technical challenges.
Some hemp producers also believe they can tap the cannabis market if recreational marijuana use is legalized, which seems likely as legislation currently works its way through a Legislature more receptive than in the past.
At least one hemp entrepreneur said his company will explore growing marijuana if it’s legalized. Others in the industry agree there are growers who are in hemp for the long haul and others who are simply biding their time to see if cannabis becomes legal.
Either way, Browning said, New Mexico’s hemp industry has been toughened in its early years. People who venture into the business must realize it is demanding, both in upfront investment and time and energy to succeed, she said. In fact, hemp is more labor-intensive than most regular food crops.
“You really have to work at it,” Browning said.
Survival of the serious
Though the differences between hemp and marijuana have been discussed ad nauseam in the Legislature and elsewhere in recent years, a refresher never hurts:
Hemp belongs to the same plant species as marijuana but is legally defined as having less than 0.3 percent THC. That’s a trace amount compared to cannabis, whose THC content can be more than 15 percent.
The prime active ingredient in hemp is cannabidiol, or CBD, which comes from the plant’s leaves and flowers and is thought to have medicinal properties.
CBD is increasingly used in health and beauty products. Other parts of the plant have various uses.
Hemp seeds, which contain no CBD, can be eaten raw or ground up for protein powder and dairy substitutes. Oil extracted from these seeds is used in skin care products.
Fiber separated from the stalks can be used for clothing, bags, ropes, beauty products, building materials, paper and bioplastics. The woody inner stalks, known as hurds, can be formed into building materials, mulch and animal bedding.
Statewide, 31 growers have licenses for indoor operations, totaling 9.74 million square feet, and four growers have licenses for outdoor cultivation, totaling 37.7 acres, according to the state Department of Agriculture. There are no pending license applications.
People flooded the industry after hemp was fully legalized and created oversupply that caused prices to drop, Browning said. Then demand for hemp products fell during the pandemic as retailers reduced or shut down their operations, she said.
“People got burned in 2019 and then backed way off,” said Jeff Anderson, a Doña Ana County agricultural extension agent. “And then the price fell so much, it scared a lot of people away.”
Would-be growers also found the cultivation required more work and technical expertise than they anticipated, Anderson said.
“If you don’t have any background in horticulture, then it could be very difficult for you to produce hemp,” Anderson said.
The dilettantes who didn’t know what they were doing got screened out, leaving mostly savvy entrepreneurs who have a solid chance of prospering in this field, Anderson said.
Those who run indoor operations tend to be knowledgeable about growing, versus many who went into outdoor farming, Anderson said. That’s why there are only a handful of outdoor growers left, he added.
New Mexico is a good place to grow hemp, but new markets must be developed, Anderson said. The CBD market is now saturated, so entrepreneurs should look at making other kinds of products and ensure they have buyers lined up, he said.
Browning and Anderson both say there’s a common misconception that New Mexico’s hemp industry is booming.
“I wouldn’t say it’s exploding,” Anderson said. “I’d say it’s moving ahead with the people who are serious about growing hemp and making a profit.”
Envisioning the future
One such serious entrepreneur is Loveless Johnson III, co-founder and CEO of AmeriGreen Organics Co. Johnson, who lives in Santa Fe, sells hemp-based products, some with partner vendors, on an e-commerce site.
The products range from clothing to CBD health elixirs aimed at easing anxiety and insomnia, he said.
He plans to open an indoor growing operation in a 54,000-square-foot space in Truth or Consequences, focusing on indoor growing because the pandemic has made farming much more difficult. In part, that’s because many field workers fell ill with COVID-19, he said.
Johnson said he wants to expand into making hemp building materials and animal feed after the Food and Drug Administration approves expanding hemp’s use for food additives.
The FDA doesn’t allow animals that are fed hemp to be sold as food, but that is expected to change in the next couple of years, Johnson said.
But it’s legalization of recreational marijuana that excites hemp growers because it’s new territory, one with risks and rewards.
“We certainly will take a look at it once it does to see if it makes any sense to get into the cannabis business also,” Johnson said.
If a limited number of cannabis licenses are issued, then hemp companies should be placed toward the front of the line because they already are equipped to produce it, Johnson said, noting hemp and cannabis are processed the same way.
He said he is awaiting federal legalization, which would enable him to sell cannabis products in the same outlets nationwide as his hemp products.
Stephen Sisneros, founder of New Mexico Hemp Enterprises, grows his product in an Albuquerque greenhouse. At the Albuquerque Downtown Growers’ Market, Sisneros has sold hemp leaves as garnish for salads and other foods, he said. He also sells hemp in small bulk quantities.
He said he and his cousin are opening a juice bar where they will sell farm-fresh smoothies and salads, and give customers the option of adding raw hemp leaves.
He can’t sell it to stores without a permit from the state Environment Department, which regulates hemp after it’s harvested, he said.
Sisneros is working to form a co-op with five growers while pursuing a hemp manufacturing license. He said the industry is split between growers focused solely on hemp and those who are waiting see if cannabis is legalized.
“A lot of people are doing hemp because they can’t do cannabis,” Sisneros said. “People are really getting into practice right now” for cannabis.
He foresees many hemp vendors opening cannabis shops if it becomes legal. He said he plans to wait to see if cannabis is legalized at the federal level before wading into it, so he can get tax write-offs.
But others say they will remain focused on hemp. Jeff Apodaca, vice chairman of Santa Fe Farms, see his company’s future in industrial hemp products.
The company grows hemp on 750 acres, Apodaca said. This coming year, it will work with farms in New Mexico, Colorado, Texas and California to supply hemp to manufacturers of CBD items, supplements and beauty products.
The company will advise the farmers on how to grow the most ideal hemp plants, including through genetics, said Apodaca, an Albuquerque businessman who grew up in Santa Fe and ran for the Democratic nomination for governor in 2018.
By the end of 2022, Santa Fe Farms aims to open a factory that will produce building materials such as insulation, roofing and hemp bricks to replace wood framing, Apodaca said.
The factory also will churn out bulk fiber and hurd, and sell it to manufacturers to make textiles and paper. He said hemp has a bright future as pulp for paper because the plants take only 120 days to grow versus 20 years for a tree to mature.
Apodoca said he has no interest in exploring cannabis, although he supports recreational use being legalized.
“With cannabis, your market is New Mexico,” he said. “With hemp, our market is the world.”
Both Apodaca and Johnson say hemp is a good crop for a desert state like New Mexico because it consumes up to 75 percent less water than alfalfa and corn.
Browning said she’s not sure hemp conserves that much water. And in some ways, it demands more daily work, such as weeding and swatting pests, because certain chemicals can’t be used on it, she said.
Hemp must be planted a certain way and harvested a certain way, she said. And growers must test the plants to make sure they don’t exceed the legal THC threshold, she said.
All that additional work makes it “a high-dollar crop,” she said.
As for trying to combine cannabis and hemp, Browning said it could only work in conjunction with hemp plants grown for CBD. Hemp plants cultivated for fiber have too many seeds that would spread to the cannabis plants and ruin them, she said.
The hemp industry will flourish on its own when the fiber is used more in clothing, construction materials and to replace plastics, Browning said. At the same time, factories and other infrastructure must be created to produce it en masse, which will lower prices and make it more attractive to consumers.
“Once those systems are place, then the usage of fiber hemp can be astronomical,” Browning said.


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The only way to survive the dipping fall temps is to escape them. According to Travel + Leisure, nearly two-thirds of Americans do just that, and more than 80% of that crew will opt for domestic destinations.
TripAdvisor has rounded up the top spots for your autumn getaways, according to search data compiled by the platform, with entertainment hub Las Vegas at the top of that list.
“Americans’ appetite for vacations is not fading with the end of summer. Despite inflation, nearly four out of 10 … Americans still intend to travel as planned this fall, and two-thirds… plan to spend more,” TripAdvisor CEO Matt Goldberg told the outlet. “While cities like Las Vegas, New York, and Orlando top US travelers’ lists this fall, destinations across Europe and Asia are also beginning to trend year-over-year for many Americans planning their next trip.”
New York City and Orlando also topped the list, with Hawaiian cities Honolulu and Maui similarly cracking the top five.
Warm-weathered favorites like Key West and Miami took up space in the top 10, which makes sense, considering weather dictates 40% of travelers’ fall plans.


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Diary feared that he had been dis-invited from the Bank of England bash hosted every year by the central bank’s Yorkshire agent following the incident which gripped the foreign exchange markets last September.
Well-versed readers will recall how the Yorkshire Post’s interview with the new Governor Mark Carney triggered a spike in the rise of sterling against the dollar and led to headlines around the world.
The event was a highlight of January and provided an excellent opportunity to catch up with the great and good of the Yorkshire business world, drink wine and eat peanuts at the expense of the Old Lady of Threadneedle Street and take part in the heavily regulated quiz.
But word reaches Diary that a combination of challenges in terms of venue, cost, numbers and timing meant the Bank of England has decided to give it a miss this year.
Oh, hamper day
Upmarket retailer Fortnum & Mason reported the best ever hamper sales in its 306-year history over Christmas, boosted by a surge in demand for truffles and Turkish delights.
Hamper sales rose 15 per cent and the retailer’s like-for-like sales for the five weeks to January 5 leapt by 13.4 per cent.
Sales were driven by online shoppers with a 26.4 per cent increase in online revenues as people throughout the country decided to spoil loved ones with one of the top names in UK retailing.
Annual results to July 2013 showed sales rose 10 per cent to £65m while profit before tax of £1.8m was a fivefold improvement on 2012. No austerity at the Queen’s grocer then.
The maker of Jim Beam and Maker’s Mark spirits is to be acquired by Japan’s Suntory Holdings for around £8.3bn.
It is the latest example of how Japanese drinks firms are seeking to quench their thirst for overseas growth as the population in their home market shrinks.
Suntory, whose spirits portfolio includes the whiskies Yamazaki and Hakushu, already distributes Beam’s products in Japan.
“All Japanese beverage companies have been focused on getting growth outside Japan,” said Bernstein Research analyst Trevor Stirling.
Last year, privately held Suntory floated its food and non-alcoholic drink company Suntory Beverage & Food, to raise money for overseas acquisitions.
In 2011, Kirin Holdings Co bought control of Brazil’s Schincariol and in 2009, Asahi Group Holdings took a stake in Chinese brewery Tsingtao.
Beam has been viewed as an attractive takeover target since becoming a stand-alone public spirits company in October 2011.
Analysts and bankers long speculated that its range of bourbons would fit nicely into Diageo’s portfolio, which has many Scotch whiskies but only one bourbon.
Just as long as no-one comes after Timothy Taylor’s Championship Beers.
Blazing a trail
The First Women Awards are on the search to discover women who have been breaking new ground throughout the North and the UK.
The closing date for entries is April 4, with the awards ceremony taking place at the London Marriott Hotel, Grosvenor Square on June 12.
The awards celebrate all sectors and industries – from science and the professions to media and public service.
The First Women Awards celebrate these achievements and hold them up to inspire the next generation.
Created in 2005, last year’s awards recognised a host of women who have broken down barriers to achieve great things.
In recognition of her huge charitable contributions, founder of the Alzheimer’s Society Morella Kayman MBE was presented with the Lifetime Achievement award for her work improving the lives of those affected by the disease over the past 34 years.
Trailblazing winners from throughout the awards’ history include Laura Lee, founder of the UK’s leading network of cancer support hubs, Maggie’s Centres, and Holly Tucker and Sophie Cornish, who took the Retail and Consumer award in 2012 for changing the face of how we access independent, creative businesses after setting up Notonthehighstreet. com


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American cyber security company FireEye says it has identified a killswitch which will stop malware that was planted in the Orion network monitoring software, made by the Texas firm SolarWinds, from operating under certain conditions.
US mobile carriers have rejected a smartphone “kill switch” that would disable a phone as soon as its stolen, with government officials accusing companies of “shaking down” customers for billions of dollars in insurance costs.
I purchased a NOVOO USB C Hub 8 in 1 USB-C Dock back in 2020 for my Dell XPS-15 when[…]
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Hi Bob,Yes, it looks like $89 is the best price. https://www.staticice.com.a...Not sure how to answer whether that price is expensive[…]
I was only able to find one entry for an Australian retailer selling this device. Cost was $89. Personally I[…]
Thanks David. It is unfortunate that programming has become enslaved to really bad languages and programmers are forced to work[…]


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The Competition Commission of India’s order on Thursday that the 10 largest cement companies and industry body Cement Manufacturers’ Association should pay a cumulative fine of Rs 6,307 crore, as a penalty for forming a cartel to control prices, is a welcome step forward for market regulation in India. It is the first order of such magnitude since the passage of the Competition Act, 2002, which was supposed to ensure free and fair competition, and has been viewed as an act of assertion by the Competition Commission of India (CCI). Each of the 11 entities will have to pay a penalty equal to 50 per cent of its declared profit in 2009-10 and 2010-11, within 90 days of the order’s passage. The order has several points of note. First, it specifies that written evidence of cartelisation is not necessary. Second, it says that proper cartelisation requires the “institutionalisation” of a system to “share prices, capacities and production” — which the cement industry was doing, it says, through the Cement Manufacturers’ Association. They colluded, the CCI maintains, to ensure that they did not utilise their full capacity, keeping supply low so that prices would not ease. Earlier this year, the all-India average for the price of a 50-kg bag of cement hit a historic high, of over Rs 300. The cement companies are expected to appeal this order.
Puzzlingly, share prices of the companies so censured did not react immediately, in spite of the fact that their cash pile has been severely eroded, and their pricing power cut into. It is possible that the market had already priced in the possibility of the CCI verdict being negative. A less sanguine possibility is that market participants simply do not believe that this regulatory action will be allowed to stand, or suspect that it will be weakened significantly by the politically powerful cement lobby. The cement industry may have many arguments in its defence, but it is important to ensure that the CCI’s landmark order is judged by the appellate authority on its merit alone. As markets grow in size and complexity, they will become more open to manipulation, and a robust, empowered regulator will be essential to protect market integrity and consumers’ interests. It will, thus, be in nobody’s interest for this, the first major such regulatory action, to be diluted or evaded. The chairman of the CCI, Ashok Chawla, has said that an investigation of practices in the tyre sector is at “an advanced stage” and that other probes are on in milk, pharmaceuticals and civil aviation. Anecdotally, several of these sectors have been seen to coordinate price increases and decreases, but a formal investigation of cartelisation, of course, requires more than that; as the order said, the institutionalisation of such coordination is what matters.
The government is in the process of examining whether the CCI’s regulatory ambit should be expanded to include the scrutiny of mergers and acquisitions. That, taken together with the CCI’s recent energy, is a good sign for robust, regulated capitalism in India. Some short-term pain for individual companies is a small price to pay for a more efficient, lower-cost economy in which capacity is properly utilised.


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VMA Systems provides industry leading solutions for gaming and amusement machine operators, suppliers and controllers. Formed in 2011 we now deliver the most advanced management software, mobile apps and remote monitoring systems to machine operators, arcades, pub companies and data processors.
At EAG we will be releasing two new products:
ArcOS, our new management software for operators of FEC, AGC and Arcade venues. Providing a modern, intuitive and powerful platform to manage their venues.
Gaming Analytics, a new platform for retailers, pub groups and venue operators to consolidate machine data from their suppliers into a single powerful management and reporting system.
We are looking forward to getting back to the first in-person EAG since the countrywide lockdowns, it will be great catching up with friends from across the industry, existing customers and of course meeting potential new ones too. It is always a fantastic event and I think this will be the best yet, which is why we have decided to launch not one, but two new products at the show. ArcOS, our new management software for FEC & Arcade operators and Gaming Analytics, a new data management system for retailers and pub groups to consolidate their supplier data and reporting.
Discover VMA’s latest products at the ultimate entertainment, amusements and gaming expo this March. To register, click here.


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ASOS, one of the world’s leading online fashion retailers, has formally opened its state-of-the-art fulfilment centre in Lichfield, Staffordshire, with Michael Fabricant, Conservative MP for Lichfield and Cllr Doug Pullen, Conservative Leader of Lichfield District Council.
The facility at Fradley Park, which will employ 2,000 people over the next three years, is being managed by GXO Logistics, and has already recruited more than 700 people.
ASOS will invest a total of £90m in the new 437,000 sq ft fulfilment centre and will use it to serve customers in the UK and over 150 countries around the world. ASOS expects to ship over 30 million units in the site’s first year, and up to 4.5m units per week once the site is fully operational and automation is complete. The site will enable ASOS to meet increasing customer demand and support its ambitions of reaching £7bn of annual revenue within the next three to four years.
Mat Dunn, Chief Operating Officer at ASOS, said: “We are thrilled to be celebrating the opening of our brand-new warehouse in Lichfield, which will support our ambitious international growth plans and bring a significant number of jobs to the area. Our choice of Lichfield reflects the skills and talent it has to offer and we’re looking forward to becoming part of the local community in the years ahead.”
Paul Scully, Business Minister, said: “As we build back better from the pandemic, we want to level up our country with new jobs, and big investments from businesses like ASOS will play a major part in that. It’s brilliant that ASOS – a British success story – is investing in Staffordshire with the creation of a new fulfilment centre and 2,000 jobs to boot, providing a welcome boost for the local economy and people in and around Lichfield.”
Michael Fabricant, MP for Lichfield, said: “Lichfield District is ideal as a location for ASOS’ new global warehouse as it sits in the middle of the country and is well connected to our road system. But Lichfield is much more than that. It has a highly educated, well-motivated and skilled workforce so the District has attracted many hi-tech industries. In addition, it is a great place to live with lively night life combined with a historic centre. I welcome ASOS to Fradley and wish them the very best for the future.”
Councillor Doug Pullen, Leader of Lichfield District Council, added: “It’s wonderful to be able to welcome ASOS to Lichfield District – we’re delighted ASOS selected this location to support the next stage of its global growth. As well as creating local employment and supply chain opportunities, I know ASOS are keen to play an active role in our community and I look forward to working with them in the years ahead. We are ideally located for this type of facility with a skilled local workforce, excellent infrastructure and a high quality of life.”
The Fradley Park warehouse joins a growing number of global fulfilment centres for ASOS. ASOS currently operates three other fulfilment centres, in Barnsley, Berlin and Atlanta.


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Tech companies like Facebook and Google have released diversity figures to show a gender breakdown of their workforce.
During a Reddit "Ask Me Anything" discussion, Bill Gates said that we should be worried about AI becoming too powerful.
An oncoming wave of oil industry job cuts and restructuring is only the first inning of a long game, experts tell CNBC.
Sasol delayed its $14 billion expansion in Louisiana amid falling oil prices, the New York Times reports.
Get the best of CNBC in your inbox
Meet the special agents sent to the Super Bowl to crack down on the counterfeit merchandise that's costing the NFL millions of dollars.
McDonald's shares up after the company announced a CEO shakeup. Here are the Halftime Report traders takes on the name.
Discussing McDonald's decision to replace CEO Don Thompson, with Jordan Posner, Matrix Asset Adviors, and Scott Rothbort, LakeView Asset Management.


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We’ve been following the saga of the third Gunslugs game from developer Orangepixel for quite some time now. First revealed in November of 2017, Gunslugs: Rogue Tactics is more than just another sequel in the popular run-and-gun platformer series. As its subtitle implies there’s a much heavier emphasis on tactics and stealth mechanics, and while the nonstop chaos of the previous games was fun in short bursts, I actually think what’s going on with Rogue Tactics is much more interesting. Work on the game has been ongoing since that original announcement, but this past January Orangepixel revealed that they had completely overhauled the game’s graphics which they showed off in a new trailer, and the following month they released yet another lengthy gameplay trailer. Gunslugs: Rogue Tactics was looking fantastic with the graphical overhaul being a huge improvement, and its different gameplay mechanics were all starting to gel together nicely. This week a brand new trailer has been released that, unlike previous trailers which were mostly uncut gameplay footage, really shows off a great synopsis of what the entire game is all about.
That’s not all the exciting news though, as Gunslugs: Rogue Tactics is finally at a point where it’s ready for a more robust beta. It’s been in limited testing already, but next week a public beta will be launching for both Windows and Mac desktop. The game will be coming to Steam in addition to mobile, and you can actually wishlist it on Steam right now, but for the time being this particular beta test is limited to the desktop version and only be running over next weekend from Friday May 10th to Sunday May 13th. If you’d like to get in on that your best bet is to visit the game’s official website and from there hit up the link to the Orangepixel Discord server where you’ll find instructions on how to sign up for the beta. All I know is that a public beta means the game is getting pretty darn close to being finished, so hopefully it isn’t too long before we’re all playing the release version of Gunslugs: Rogue Tactics on our mobile or desktop devices.


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To relocate to Boulder, Colorado?
The boss of Staffordshire public sector SI and reseller Stone Computers, James Bird, has spoken to HEXUS.channel to confirm its acquisition of Rock Group plc, which went into administration twelve days ago.
“We exchanged with Deloitte as of 6pm yesterday,” said Bird. “I have known Rock chief executive Nick Boardman for ten years so I was very familiar with the business. There are huge synergies to be had as Stone has started to develop its own brand of notebooks.
“The Rock brand will continue and be the face of the mobile side of Stone Computers. Nick Boardman will join the Stone board as director of mobile technologies. This is a great opportunity to drive the Rock brand in the public sector – Stone’s traditional strength – as well as the consumer market.
Asked what this move says about Stone Computers’ overall strategy, Bird said: “Our group strategy is one of acquisition and this will be the first of many. When we completed our management buy-out on the 4th April we gained a funder in the form of RJD Partners and we have the funds for further acquisitions.


text: An anonymous reader writes: A coalition of rights groups has sent a letter to the U.S. Federal Communications Commission asking for tougher privacy regulations on providers of broadband internet services. The letter was sent by the ACLU, the EFF, Public Citizen, and over 50 other groups. "Critics say broadband providers are already harvesting huge amounts of consumer data for use in targeted advertising, the groups wrote. 'This can create a chilling effect on speech and increase the potential for discriminatory practices derived from data use,' the letter said." FCC Chairman Tom Wheeler has said such firms need to ensure their data is protected, and that consumers should know more about what data is being collected, but he hasn't addressed whether the data should be harvested in the first place. He expects the FCC to review these practices "in the next several months."


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Weight loss can be helped by quitting smoking, scientists have found at Yale University.
While one day thought that smoking can help dieters stay weak by reducing their appetite, smokers actually have much worse diets than former or non-smokers.
Those who smoke eat more than 200 calories a day.
It seems that while they eat less, smokers choose more calories-rich foods.
Those who smoke every day eat about 2.02 calories per gram of food they consume.
On the other hand, those who smoke, but not every day, eat about 1.89 calories per gram.
People who never smoked consume 1.79 calories per gram of food.
Scientists believe that those who smoke would choose a low-calorie diet who did not.
Smokers eat fewer fruits and vegetables, putting them at increased risk of cardiovascular disease and cancer.
"We know from literature that weight gain concerns are barriers to quitting, and we know that high energy density diets are associated with increased body weight," said a research scientist.
"Our findings suggest that eating energy density in existing smokers' diets may be a good target for interventions as part of a larger smoking cessation plan."
So if you are looking to quit smoking and improve your health for good, be sure to eat a full diet of healthy carbohydrates such as fruits, vegetables and brown rice.
The study looked at 5293 adults who took the National Health and Examination Examination.
The NHS provides a lot of help with quitting smoking, including how to stop weight loss.
"After you quit smoking, your body burns more slowly, even if you do not eat more than smoking, you can gain weight - but being more active can help you.
"Regular exercise may prevent about half of the expected increase in weight a year after quitting, it burns calories and reduces cigarette cravings."
Restricting your calories on just two days of the week has a quicker weight loss effect than cutting calories every day. Those following the diet plan were able to reach at least five per cent weight loss within two months, found the researchers.


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2017 Daytime EMMY Awards Arrivals held at the Pasadena Civic Center. Featuring: Wayne Brady, Maile Masako Brady Where: Los Angeles, California, United States When: 30 Apr 2017 Credit: Adriana M. Barraza/WENN.com
MadameNoire is a sophisticated lifestyle publication that gives African-American women the latest in fashion trends,
black entertainment news, parenting tips and beauty secrets that are specifically for black women. Black women
seek information on a wide variety of topics including African-American hair care, health issues, relationship
advice and career trends - and MadameNoire provides all of that.


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By Sarah Sullenberger, Newsweek Managing EditorNew high-speed ceiling fans that help save thousands of dollars on your electric bill have been developed by a new startup that says they’re cheaper than traditional fans.
The company, Dyson, is now looking for $1 billion in venture capital to develop and launch the first generation of high-powered fans.
The new technology could be a game-changer for the power industry, and a big win for those who depend on the air to run their businesses.
It also means the power companies can spend less on maintenance and installation.
Dyson, founded in 2012, is focused on developing high-efficiency, high-performance, compact fans that use advanced, high performance materials.
In addition to fans, the company makes fan belts, heat exchangers and other components that reduce power bills.
The company says it’s working on more advanced products that could help consumers save hundreds of dollars per year by lowering their electric bills.
That’s because fans reduce the amount of heat and electricity needed to run computers, televisions and other electronic equipment.
The technology could also reduce the cost of the energy used to run other household appliances, like refrigerators and ovens.
But it could also save millions if fans are used in place of high performance air conditioners, fans that require extensive cleaning and other maintenance.
The energy savings are big.
The average American uses over 1.5 billion gallons of air each year, and if fans and other devices use less electricity, that can add up, said Dyson cofounder and CEO Brian Gorman.
That could cut the average American power bill by a couple hundred dollars per month.
The first fans Dyson is looking to sell to consumers include the Dyson TurboFan 2, which is an eight-inch-tall fan with a 1,000 watts capacity that will be able to keep an air conditioner running for several years.
Dyson also plans to introduce an eight and 10-inch fan, which would have the capacity to keep air conditioning running for about 10 years.
The smaller fans have been in use in Europe for several decades.
The Dyson fans, which are smaller than air conditionering fans, will be made in the United States.
Dysontronic, a Dyson subsidiary, is working with the U.S. Air Force to make the Dysons more affordable.
The larger fans are currently being sold in Europe at around $80 to $130 a unit, according to a company blog post.
But a spokesperson for Dyson said the prices in the U, Europe and Asia are comparable to the U and Europe.
The average American air conditionater consumes over 3 billion gallons per year, according the Energy Information Administration, so a fan that can keep an AC for several months could save about $1,000 per year.
DYSON, meanwhile, says the fan will save the average U. S. household more than $500 per year per year if it’s used on a constant-speed AC.DYSON has raised $1.6 million in venture funding to date, with $1 million coming from Intel Capital, which previously invested in the company.
DIESON is now backed by a variety of investors including Cisco Systems, Intel Ventures, The Carlyle Group and the Founders Fund.
The announcement comes as the industry grapples with the rising costs of energy and other costs associated with the use of air conditioning, heat pumps and other household products.
In 2014, more than 100 million U.


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Does Shelby give enough?
Doesn’t seem like it.
Though Carroll Shelby’s foundation is raising lots of money, it doesn’t seem to be giving very much away.
Autoweek reports that Shelby’s foundation took in over half a million dollars in 2006, the most recent year for which tax returns are available. Yet it gave out grants of only about $25,000 in total, most of which went to only two charities.
Since then, Shelby’s foundation has pulled over $1.76 million, due to a tie-in with Ford Motor Company, which has donated cars that have been auctioned off for the benefit of the foundation. But Autoweek reports that the foundation isn’t doing much with the money. It has consistently spent far more on expenses than it has given out in grants.
To it’s credit, Autoweek has also posted Carroll Shelby’s response.
Basically, Shelby says that the foundation has been hoarding cash to build an “endowment.” He also says the additional funds being generated through Ford will permit the foundation to spend more money on grants in the future, once they have built a sufficient “endowment” to assure the future of the foundation.
Shelby is well-known for being a terrible businessman. He brought in the woman who ran the Hot Wheels line for Mattel to run Shelby American. When she arrived, she discovered the company was insolvent. She quickly rousted up some business deals with Ford and rescued the company. To his credit, Shelby hired a really good person to run the company. But he also almost bankrupted it, first.
Shelby has brought some new people onto the foundation’s board of directors and he appears to believe that they will help the foundation be run somewhat more professionally.
But the bottom line is that Shelby’s charity hasn’t been all that charitable.


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Having enjoyed a reputation as one of the most reliable car brands available in the UK for years, Lexus have once again triumphed at the What Car? Awards, being named the UK’s most reliable car brand in the 2021 Reliability Survey.
The survey recorded real-world experiences from almost
13,000 UK drivers, with vehicles ranging from new to five years old, in which
the Lexus badge shone for its trusted quality – plus the magazine also recorded
impressive reliability from this esteemed marque for years beyond this
Alongside this remarkable reliability, new Lexus models have your safety at the forefront too – Lexus Safety System + complements and reinforces your driving abilities and defines a new era for accident prevention. Each Lexus vehicle is equipped with cutting-edge technology and the utmost attention to detail for a drive you will always look forward to.
Speaking about their success, What Car? Editor Steve Huntingford said: “Lexus has dominated our reliability charts for the past four years, and in 2020 it achieved an outstanding reliability rating of 98.7% for cars aged up to five years old, with owners reporting very few faults, and those that did occur being fixed quickly and for free. What’s perhaps even more impressive, though, was the fact that Lexus 96.0% for cars aged between six and 20 years old.”


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The LG V20 is expected to launch tomorrow, and earlier today, its full list of specifications have been leaked on Weibo. The upcoming successor to the LG V10 will offer Android Nougat 7.0 out of the box, in addition to flagship internal components. It will be the first smartphone to feature Android’s latest software out-of-the-box. Google has typically launched its latest edition of Android with the Nexus lineup of smartphones, but that seems to be changing with this year's LG V20. In terms of the device, the LG V10 had a secondary Always On display above the main display, but it is not yet clear if the LG V20 will offer a similar setup.
According to leaked specifications, the LG V20 will be powered by Qualcomm's Snapdragon 820 SoC, along with 4GB RAM, 4000mAh battery and a 5.7-inch QHD display, thereby making it somewhat of a direct successor to the outgoing Nexus 6P. The LG V20 may also feature dual-16MP cameras, and offer B&O Play audio.
LG’s latest flagship, the LG G5, also showcased a dual-camera setup with a unique implementation. You could either choose to shoot with the 16MP standard camera or the 8MP wide-angle camera for seamless panorama images. While we are not yet sure whether the LG V20 will present a similar format, we've stated that the LG V20 will be coming to India within this month. Stay tuned for more information on the upcoming smartphone by LG.


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Domenico Dolce and Stefano Gabbana, founders of the high-end Italian fashion label Dolce & Gabbana, are no longer convicted tax evaders.
Italy's highest court on Oct. 24 overturned two lower court convictions that the duo had participated in what Italian prosecutors called a "sophisticated tax fraud" scheme.
Dolce and Gabbana had been found guilty in April 2013 of using a Luxembourg holding company to avoid paying taxes of €200 million ($253.39 million U.S. as of this morning's exchange rate) on royalties for sales in 2004 and 2005.
That sizable chunk -- I'm going with the more than $253 million U.S. dollars, not the euros amount -- of now-not-due taxes also is this week's By the Numbers figure.
End of long tax battle: The ruling by Rome's Court of Cassation determined that the designers committed no crime. It also cleared the duo's tax accountant, two managers and Dolce's brother.
Following the ruling, which wraps up a seven-year court battle, Gabbana took to Twitter to celebrate, announcing, "Eravamo certi!!! Siamo delle persone oneste!!!" In case your Italian is rusty, that translates, "We knew it!!! We are honest people!"
The company's official response echoed that sentiment:
I suspect we'll also see this excitement reflected in the next line of D&G haute couture.
You also might find these items of interest:


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By ANGELA TAN
Keppel Telecommunications & Transportation Ltd (Keppel T&T), through its subsidiary, has entered into a conditional agreement to sell its 35 per cent stake in Wuhu Annto Logistics Co Ltd (Annto) to Midea for net proceed of about S$52.6 million.
Keppel T&T said Annto is looking into the expansion of its manufacturing business, which does not fit into its businesses.
Keppel T&T intends to use the proceeds to grow and strengthen its core businesses of integrated port logistics and third-party logistics in target Chinese markets.
The book value of Annto was S$31.9 million on 31 December 2010. It is expected to result in a net gain of about S$20.7 million.
A New Cashback Card with Up-sized 3% Cashback - There seems to be competition among the banks in Singapore which is good for consumers as they start to give more interests and benefits to get more custom...
6 hours ago


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The backlash against vaping in the US hasn’t stopped a Chinese challenger from entering the world’s largest vaping market.
Relx, one of the largest Chinese e-cigarette companies, plans to submit its Premarket Tobacco Product Application to the US Food and Drug Administration by the end of 2021. Upon completion of a review process, which will take no longer than 180 days, the FDA request will take “action” which could include a marketing authorization, a request for more information, or a denial.
The vaping startup has requested a pre-submission meeting with the FDA and is expected to meet with regulators in October, said Donald Graff, head of scientific affairs for the two-year startup for North America, in a video during a press event this week in Shenzhen.
PMTA is an extensive, painstaking, and costly bureaucratic process of vaporizing products to determine if they are “good for public health” before they are marketed in the US. Headquartered in the Shenzhen e-cigarette manufacturing center worldwide, Relx has a team to work on the application process, including hiring third-party advisory services and clinical partners to generate data from tests required for submission.
All e-cigarette companies currently in the US market had to file their PMTA by September 10th this year. To date, no products have received FDA approval for placing on the market.
The high cost of PMTA prevents many small businesses from entering the U.S., but Relx has the financial resources to bear the cost – it is estimated that the entire process will cost more than $ 20 million. A Nielson survey commissioned by Relx found that the company had a nearly 70% share of the Chinese pod vape market in April.
As the risks associated with e-cigarettes continue to attract the attention of regulators around the world, Relx has stepped up its research investments to study the public health effects of vaping. At this week’s event, CEO Kate Wang, a rare founder of a large tech company in China and previously CEO of Uber China, repeatedly highlighted “science” as the focus of her startup.
Recently, the company’s Shenzhen-based life science laboratory was unveiled, which measures the effects of Relx vapors through in vivo testing, in vitro testing, and performs preclinical safety assessments.
Despite its ongoing efforts to demonstrate the benefits of switching from smoking to vaping, Relx, along with its competitors, faces regulatory uncertainties in various markets. The Trump administration banned flavored vape products last year (Relx plans to submit unflavoured products for FDA review), and India banned e-cigarettes, citing harmful effects on teenagers.
When asked how the startup intends to deal with changing guidelines, a Relx manager said at the event: “The company has good relationships with regulators from different countries.”
“You cannot draw conclusions about something that is still in the process,” the executive said, referring to the early stages of the vaping industry.


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Cyfrowy Polsat is running a cut-price premium channel package promotion in a bid to attract customers interested in changing TV operator.
The Polish operator said it will now offer 126 encrypted channels, including the premium Sport HD, Movie HD and Cinemax HD packages for PLN59.90 (€14.37) per-month.
In the first four months, viewers will also be access the HBO Go on-demand service and watch channels from HBO HD package free of charge.
Polsat said it has also changed the price of its Family HD package, which includes TVP Seriale, Kino Polska and Nickelodeon, to PLN19.90 per-month, with the first 60 days available for free.
Customers with a different satellite operator will also be able to test Polsat’s service for 10-days free of charge.
Telekom Television launches OTT service in Solomon Islands with Switch media digitaltveurope.com/2021/05/11/tel… https://t.co/shysFfMGmz
11 May 2021 @ 18:00:02 UTC


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Tighter purse strings and reduced spending in 2009 are the conclusions of a business travel spend survey conducted by the Association of Corporate Travel Executives (ACTE). 131 respondents to an association survey are in a nearly three-way dead heat as to how their corporations will fund business travel in 2009; two of the response categories clearly indicate ‘less spending’ and ‘less frequent travel’. Thirty-six per cent said they’d be spending more on business travel next year, while 33% indicated they’d be spending less, and 31% said they’d be spending the same.?The number one cause of the cutbacks in travel spending, according to 47% of respondents, is a combination of economic uncertainty and rising fuel costs. (15% cited the economy alone as did 12% for fuel costs.) Twenty-six per cent cited other reasons such as internal changes and a restructuring of business focus.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more


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Facebook buys video ad company LiveRail
ChainStoreAge.com - Jul 7th 2014, 14:50
California – Facebook has agreed to acquire LiveRail, an advertising technology company that helps companies serve better ads in the videos that appear on their websites and apps.
LiveRail, founded in 2007, also provides marketers with access to premium video inventory and data to help decide where to show their ads.
In a press release, Facebook said that LiveRail’s video supply-side platform (SSP) “ultimately offers a complete advertising solution for video publishers,” and that it is excited for the future of video advertising.
Facebook has been active with digital display ads, including recent forays into a mobile ad network and ads targeted by user browsing history. However, although Facebook has done some video advertising in its news feeds, purchasing LiveRail demonstrates a much wider interest in video ads moving forward. Rival Google has been heavily involved in video advertising. Terms of the deal were not disclosed.
Gen Next: Micro-influencers offer authentic engagement
25/06/2019 - 15:31
Today’s youth consumes a collective $44bn of spending power. However, traditional advertising appeals less to today’s youth than to previous generations. In this environment, influencer marketing has shown exponential growth in recent years.
Egg Films' & One Show awardee creates nostalgic new TVC for Cadbury
16/05/2019 - 09:45
Hot on the heels on a spate of accolades for his short film ‘Vuka’, including a merit certificate from the prestigious One Show, Egg Films' Zwelethu Radebe has drawn on memories of his childhood to create a new TVC for Cadbury that will tug on South Africa’s heartstrings.
Brand engagement and the seniors' market: golden truths about the golden years
13/05/2019 - 11:19
It’s no secret that we live in a youth-obsessed society. This is perhaps no more evident than in the contemporary branding, media, marketing, and entertainment industries. Page through any mainstream publication, peruse the advertising screened on prime-time television or consider the media personalities that are held in the highest regard to see just how much youthfulness is lauded. Even from a strategic perspective, there is hardly a brand in existence today that is not affording consideration to attracting and engaging the “youth market”.
Dove aims to break beauty stereotypes
25/04/2019 - 11:37
If global beauty brand Dove has its way, advertisers worldwide will start taking female representation more seriously.
Dove partners with Getty Images and Girlgaze to launch Project #ShowUs
29/03/2019 - 09:47
Dove has taken action with Getty Images, Girlgaze and women around the world to create Project #ShowUs – the world’s largest stock photo library created by women and non-binary individuals to shatter beauty stereotypes by showing women as they are, not as others believe they should be.


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Independent department store group Morleys has reported a growth in sales as turnover surpassed £80m.
According to its latest filed accounts for the year ended 29 January 2022, total sales rose 56.8% to £83.6m from £53.3m in 2021.
Gross profit increased from £13.8m to £22.9m, while pre-tax profit resulted at £8.4m, up from £1.7m recorded the previous year.
Stated within its report, the group said that it delivered a strong recovery following the disruption and closures due to the Covid-19 pandemic. During the year it continued to invest in its stores, which included the completion of its first phase of major redevelopment at its Brixton store.
The group also invested in new energy efficient lighting and water systems across its store network.
Morleys Group is a chain of independently owned department stores operating in the South East under a variety of different fascias including Morleys (in Brixton and Tooting), Roomes of Upminster, Pearsons of Enfield, Elys of Wimbledon, Selbys and Camp Hopson.


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As expected, Ecotality is bowing out. The electric vehicle charging station maker just filed for bankruptcy protection and plans to auction off its assets next month. Ecotality and five affiliates filed for Chapter 11 protection Monday at the US bankruptcy court in Phoenix, AZ. The charging station company said eight parties would like to bid on its assets, and that it would like to hold an auction on October 9. Closing of the auction is expected to happen within two days.
The bankruptcy filing appeared to be in the making during the past few weeks. Charging station sales were down, its anticipated Minit Charger was shut down and the US Department of Energy (DOE) suspended stimulus payments that Ecotality had been depending on. Making matters worse, several investors recently filed lawsuits against the company. This time, Ecotality stated that "significant liquidity constraints and the difficulty of obtaining long-term financing," make an auction necessary to avoid a "fire-sale liquidation."
Nissan North America will provide up to $1.25 million of financing to keep Ecotality operating during the bankruptcy, as long as the court approves. According to the court filing, the DOE is owed $6.5 million as the largest unsecured creditor to Ecotality's affiliate Electric Transportation Engineering Corp. A hearing has been scheduled for September 19 to start the bankruptcy proceedings, including deciding whether Ecotality could be allowed to pay employees and vendors.
Ecotality has not yet issued an official statement on the matter, and the company's last press release (issued in early August) says it "will continue to operate the Blink Network and maintain our Blink chargers until further notice."


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True Fashionistas Designer Resale at 2355 Vanderbilt Beach Road #178 will donate a portion of sales during the consignment stores monthly charity day of giving from 9 a.m. to 5 p.m. on Saturday, Sept. 21 to Laces of Love, which provides new shoes to low income and disadvantaged children in Collier and Lee counties. For more information, call the store at 596-5044 or visit TrueFashionistasResale.com.
This story is contributed by a member of the Naples community and is neither endorsed nor affiliated with Naples Daily News
Jennifer Johnson's Stats
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- Contributed 18 stories
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Sony Ericsson Publishes Q4 and Full 2010 Financial Report
If you are one that likes to keep abreast of the financial status of smartphone companies you may like to know that Sony Ericsson today published their fourth quarter and full year 2010 report.
In the report it shows that Sony Ericsson has had four profitable consecutive quarters during last year shipping 43.1 million handsets in 2010 with sales of 6,294 Million Euros.
The president and CEO of Sony Ericsson, Bert Nordberg has said…“2010 was a turnaround year for Sony Ericsson. Our four consecutive quarters of profit reflect the success of our shift towards an Android-based smartphone portfolio. We will celebrate the 10th anniversary of the creation of Sony Ericsson in 2011, and as shown by the recently announced Xperiaâ„¢ arc, we will continue to focus on delivering the most entertaining smartphones worldwide.”
Excluding restructuring charges, income before taxes was 189 million Euros for the complete year 2010, this is compared to a loss of 878 million Euros in 2009.
Apparently the approximate 1.1 billion improvement is due to the success of higher end smartphones along with an improved cost structure, and gross margin was up to 29 percent in 2010 as opposed to 15 percent in the year previous.
Sony Ericsson shipped 11.2 million units during Q4 which is a year-on-year decrease of 23 percent which was consistent with streamlining their portfolio to concentrate on high end devices.


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Early-bird shoppers out in force
Published 4:00 am, Friday, November 28, 1997
1997-11-28 04:00:00 PDT SAN FRANCISCO -- They could have been enjoying a leisurely breakfast, reading the newspaper or just sleeping off Thursday's turkey-induced stupor.
But instead, several dozen early-bird shoppers lined up at Macy's and Nordstrom in The City at 8 a.m. Friday, eager to take advantage of post-Thanksgiving sales on what is popularly known as the biggest shopping day of the year.
"The girls wanted to go shopping, and we kept hearing on the radio how busy everything was going to be. So we decided to get here early," said Bill Bendush, 48, who was in San Francisco from San Juan Capistrano for the holiday weekend with his wife and two daughters, ages 15 and 12. They also wanted to take advantage of the morning discounts Macy's had advertised, Bendush said.
As shoppers like the Bendush family turned out in force Friday, the traditional kickoff of the Christmas shopping season, Union Square retailers were hoping strong consumer confidence and a healthy economy would produce very merry balance sheets.
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The Bean family of Antioch said they were at Macy's for
"toys, lots of toys" for 8-month-old Brody Bean, who tried to grab the beard of Santa himself. Santa spent the morning greeting early shoppers. Jason Bean, Brody's father, said the family was hoping to beat the rush.
Among retailers, hopes are high. Wilkes Bashford expects to ring up 10 to 15 percent more sales between Thanksgiving and Christmas this year than it did last year.
"The economy is better, and the luxury market is doing extremely well, and I have bought accordingly," said Ross Hunter, merchandising director for the Sutter Street men's clothing store.
San Francisco department stores also said sales from the Christmas rush would likely be higher this year.
"We've seen encouraging signs in the past two days," said Macy's spokeswoman Merle Goldstone. "People have been leaving (Macy's Union Square) store with two to three bags. Customers are ready to do their holiday shopping."
Neiman Marcus spokeswoman Cynthia Coleman said the store's Stockton Street location was abuzz last weekend with throngs of customers buying expensive gifts.
"We were all running around saying, "Oh my god, it's like Christmas, and it's not even Thanksgiving yet,' " Coleman said. "It feels like sales are going to be higher this year."
$465 per household<
Across the nation, holiday spending will be up between 5 and 6 percent, analysts and retail experts predicted, compared with a 3.7 percent rise in the 1996 season and 3.2 percent in 1995.
U.S. households are expected to spend about $465 on Christmas gifts this year - the largest amount ever for the season - due to a stronger economy and low unemployment.
"The average sales pace is going to be stronger than the last couple of years," said Michael Niemira, economist for Bank of Tokyo-Mitsubishi Ltd. "The consumer fundamentals are strong."
Traditionally, about one-third of holiday shoppers flock to the malls and stores the day after Thanksgiving, noted Dan Bethlahmy, retail marketing director for American Express.
Retailers dub it "Black Friday" in reference to hopes for profitable black ink on the books after a robust sales day.
Mixed results so far<
Retailers, however, don't ring up their highest sales that Friday. According to the International Council of Shopping Centers, a trade organization in New York, purchases during the Thanksgiving weekend last year accounted for only 10 percent of all holiday sales. The week of Dec. 16 to 24 last year saw 41 percent of all Christmas sales, the highest weekly percentage of purchases during the season.
Sales before Thanksgiving have been mixed. September sales were hurt by warmer than normal weather that curbed demand for outerwear, while October sales were stronger. In a recent report, BT Alex Brown Inc. said November sales through Nov. 22 were below expectations.
"Sales trends entering the holiday season appear to be a bit soft," the report said. "It is worth noting that sales over this upcoming week carry an unusually large weight toward the full-month results."
Overall, retailers' inventories are in better shape this holiday season than in past years, which could keep deep discounting to a minimum. On the other hand, the trend toward more last-minute shopping could spark discounts and price promotions later in the season.
"Generally speaking, over the past few years customers have been shopping closer to the deadline," S&P Equity Group analyst Karen Sack said.
"If they (consumers) have the guts to wait, stores are going to be trying to move the merchandise" late in the shopping season, added Professor Richard Feinberg of Purdue University's Retail Institute.
Trend toward travel<
Among retailers, department stores are expected to fare the best this holiday season, followed by discount department and clothing stores.
"Department stores are going to be the key place, for the third year in a row, for shoppers to go," Bethlahmy said.
Jewelry, women's apparel and furnishings are expected to be good sellers, while low interest rates will boost demand for appliances, autos and other durable goods.
One factor that could skew the sales trends, however, is the growing trend among baby boomers to spend on travel and entertainment instead of stacks of presents under the tree.
"People are going away from acquisitions and more toward experiences," Bethlahmy said. "People are taking their kids to Hawaii, and that's the present. They're going to the Caribbean. There's a shift away from the 1980s buying of the big-type of products." <


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The Midland Gate Shopping Centre competition is open to all Polytechnic West students and allows them to design, create and exhibit their fashion concepts.
From 60 entries, a judging panel has chosen 10 finalists to develop their designs and have the garments displayed at the shopping centre from May 18 to 31. Students were asked to submit a couture design using a forecasted style trend that features warm tones and raw, distressed materials.
Croeser said she was inspired by archive images she found of Midland railway workshops, including "heavy structured roofs, hard working men and women and never-ending train tracks that criss-crossed for miles".
"I have used a plait technique through the bodice and briefs to reflect the train tracks and I played around with the placement and contrast colour to create a sense of direction," she said.
Shoppers can vote for their favourite designer to win the $1500 prize.


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Elon Musk, Chief Executive of Tesla and SpaceX, is being sued for $258 billion for allegedly creating a “pyramid scheme” to promote the cryptocurrency Dogecoin.
In the complaint filed in the Southern District Court of New York, plaintiff Keith Johnson accused Musk and his companies Tesla and SpaceX of being part of an illegal blackmail scheme to drive up the price of Dogecoin.
“Defendants falsely and deceptively claim that Dogecoin is a legitimate investment when it has no value,” Johnson said in his complaint.
Claiming to have been defrauded with the “Dogecoin Crypto Pyramid Scheme”, Johnson demanded $ 86 billion and $ 172 billion in compensation for his losses.
Johnson also asked for an injunction to prevent Musk and his companies from promoting Dogecoin, and a declaration that trading Dogecoin constitutes gambling under US and New York law.
A pyramid scheme or pyramid selling system is a scam in which a participant is recruited into the system by offering assets or money and promising to earn assets or money if they find other participants. This method is also popularly known as “Ponzi scheme”.


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Surveys of eurozone businesses found January was their best month since the middle of last year, but firms also felt the need to keep cutting prices and indeed did that at the fastest rate in nearly five years.
Of the region’s four largest countries, output expanded in Germany, Italy and Spain, but the downturn in the French economy extended into its ninth month.
The surveys of thousands of companies in the manufacturing and services sectors were carried out mostly before the European Central Bank’s decision to scale up its stimulus programme with quantitative easing to boost the region’s economic growth.
Confidence about the ECB’s QE programme and signs of growth in new orders accelerating helped lift an index of optimism among service firms by the biggest one-month margin in over five years.
Markit, which sent out the surveys and compiles the data, said it pointed to first-quarter economic growth of 0.3 percent in the eurozone.
In Britain identical surveys showed activity in the dominant service industry expanded faster than expected.
The UK is outside the currency union and markets are instead focusing on when monetary policy will be tightened.
British businesses experienced faster growth than their eurozone counterparts, while the fall in oil prices dampened rising prices paid by services companies for goods and energy.


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(NaturalNews) Some popular cough medicines and pain relievers could become available by prescription only if an independent panel determines that such action should be taken. The U.S. Food and Drug Administration (FDA) recently issued a report about the dangers of dextromethorphan, a popular drug ingredient in many non-prescription cough and flu medicines, and is considering banning the drug from store shelves.
According to the report, dextromethorphan "is sought after by those seeking to alter their mental state" because it exerts a psychoactive effect on its users. Though the drug is abused less than codeine, another popular brain-altering drug, dextromethorphan sent roughly 8,000 people to the emergency room in 2008. This is nearly twice the amount it sent in 2004.
What typically occurs is people buy cough medicines and take many times the recommended dose in order to get high. The practice is popular particularly among teenagers, and overdosing on the drug can severely increase blood pressure and heart rate, and can also cause high fevers. And other drugs in cough medicines, such as acetaminophen, only exasperate the problem by bearing heavily on the liver.
If the panel decides to pull dextromethorphan from shelves, the effects will be widespread. Hundreds of different drugs, including Wyeth's Dimetapp, Bayer's Alka-Seltzer Flu Plus and Proctor and Gamble's Vicks cough medicines, all contain the drug, and would have to be either reformulated or sold through pharmacies.
Other options being considered include restricting the sale of medicines with dextromethorphan to only people 18 years of age and older, or simply placing such medicines behind the sale counter to discourage illegitimate buyers from seeking them. Either way, current laws will have to be updated to reflect any potential changes.
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Latest News From ETTelecom.com
"Anybody who is on the cloud in India and anybody who has the potential to be on the cloud in India is a conversation for us," Microsoft India President Anant Maheshwari told.
Xiaomi’s India MD Manu Jain has dispelled speculation and controversy around a video being circulated on the internet that seemed to suggest that a Redmi Note 4 exploded and caught fire in one case in Bengaluru.
This year till end of June, 29 incidents of states blocking Internet services were reported in the country, according to the Software Freedom Law Centre.
Drillisch shareholders approve takeover by United Internet
U.S. House panel wants CEOs of Google, Facebook, AT&T to testify on internet rules
Telecom Italia management shake-up fuels Vivendi's ambitions
Jaitley said the SBI Chairman Arundhati Bhattacharya had pointed to reasons of erosion of topline and earnings of the service providers, for the financial stress, and had recommended some solutions.
The competition commission of India's (CCI) approval was a key step in paving way for creation of India’s largest telecom company by subscribers. UK-based Vodafone Group Plc’s India unit and Idea, ranked at two and three, respectively, will have almost 400 million customers and a 41% revenue market share when they merge.
The Sunil Mittal-led mobile carrier’s Africa revenue climbed 1.5% to $736 million in the three months ended June from $732 million a year earlier. The first quarter in 2017-18 becomes the second consecutive quarter showing profit in Africa.
Net income at Rs 367 crore vs Rs 1,462 crore a year earlier
Airtel said the percentage of users leaving the network rose to 3.8% from 3.6% in the January-March period due to competitive pressures.
The rise of Chinese smartphone brands is raising alarming concerns for the Indian smartphone brands since the Chinese brands which had around 7% market share in the first quarter of 2014 now have almost 51% market share as of first quarter of 2017
Dubai Government security networks provider Nedaa has signed an agreement with Nokia designating Dubai as the headquarters of its innovation and creativity lab.
Mobile data usage is expected to grow a moderate 12% annually and touch 2-2.5 GB per user in the five fiscals through 2022, and stabilise thereafter, Crisil Research said.
June 18 and the district administration extended it today.