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James Bond is known for liking his martinis. But now 007 also likes Coke.
The Coca-Cola Co. has inked a deal with Sony Pictures to roll out a worldwide promotion tied to “Quantum of Solace,” the 22nd installment of the Bond series set to unspool Nov. 14 in the U.S. and in the U.K. on Oct. 31.
It’s the first time that Coke has promoted a Bond film, and the Bond deal marks the first major movie tie-in for the soft drink giant since the first “Harry Potter” pic in 2001.
“Quantum of Solace” will be backed by several promotional partners — Ford Motor Co., Heineken, Bollinger, Smirnoff, Omega, Virgin Atlantic, Sony Ericsson and Sony Electronics — that have pushed the British spy’s outings in the past and will pony up nearly $100 million in marketing support to push the pic around the world.
Coca-Cola will spend tens of millions of dollars on its own around the pic to hype its Coke Zero product, launching the biggest campaign for the brand since its introduction three years ago.
While the beverage will appear in scenes in the film, Daniel Craig, who returns in his second outing as Bond, will not be seen downing a can or bottle of Coke Zero in “Quantum of Solace.” However, the actor’s silhouette as the character will be used in ads set to bow later this month.
Coke plans to promote the film and beverage in 40 countries with traditional print, in-store, online and mobile ads, as well as 30- and 60-second animated spots to air on TV and in theaters.
Product will even be redesigned in 20 countries with Coke Zero rebranded as “Zero Zero 7.”
An exclusive partnership with Activision will also offer consumers an opportunity to download a free demo of the upcoming vidgame from the Coke Zero website, in an effort to offer original content.
When Coke Zero launched in 2005, it was the soft drink giant’s biggest product launch in 25 years, since the introduction of Diet Coke. In 2006, the company spent $75 million to promote Coke Zero.
With its black packaging, Coke Zero appeals more to younger males who want a zero-calorie (and sugar-free in some markets) drink but steer away from Diet Coke, which has a more female consumer base.
Bond appealed to Coke because the tagline for Coke Zero is “the impossible made possible.”
“That’s what Bond does every day,” said Chip York, Coke’s director of worldwide sports and entertainment marketing. “It’s very rare that an opportunity comes along like this that has mass appeal and global iconic status.”
Coke Zero was considered too young of a brand to tie in with the last Bond pic, “Casino Royale,” in 2006.
“We still had to build awareness around the brand,” York said.


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By Kim Seung-yeon
SEOUL, July 24 (Yonhap) — Samsung SDI Co. reported Monday that they have plans to build a second battery manufacturing plant in partnership with Stellantis N.V. in the United States, in addition to the ongoing project for their first plant in Indiana.
The two companies signed a memorandum of understanding for the envisioned second battery gigafactory, aiming to start production in 2027 with an initial annual production capacity of 34 gigawatt hours, they said in a joint press release.
The location of the new plant has not been decided, they said.
Details regarding the transaction were not available as it was not finalized.
“The second plant will accelerate our market penetration into the U.S. and help Stellantis advance its U.S. transition to an era of electric vehicles by supplying products featuring the highest levels of safety and quality,” Samsung SDI CEO Choi Yoon-ho said.
Stellantis CEO Carlos Tavares said the new facility “will contribute to reaching our aggressive target of offering at least 25 new battery electric vehicles for the North American market by the end of the decade.”
The joint venture, StarPlus Energy, established in October 2021, announced in May 2022 it would construct the first battery manufacturing facility in Kokomo, Indiana, aiming to enter commercial operations in the first quarter of 2025.
The first plant will have an annual production of 33 GWh, up from the initial target of 23 GWh, the companies said.

domain: news


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The European Publishers Council (EPC) welcomes the European Commission’s decision to open formal antitrust investigations against Apple who, through abuse of dominance, are undermining the ability of news and magazine publishers to have direct commercial relationships with their readers or to offer iOS-device users alternative cheaper purchasing possibilities outside of apps. The case will assess whether Apple's rules for app developers on the distribution of apps via the App Store violate EU competition rules.
The EPC points out that it will be important that the investigation also covers the harm created by Apple’s conduct in the way in which it affects apps that do not necessarily directly compete with Apple apps as this harm is significant given the significance of Apple’s restrictions. Apple’s conduct not only harms publishers but also harms the hundreds of millions of readers of newspapers in the EU. That should not be allowed.
EPC Chairman Christian Van Thillo said: “We welcome the Commission’s important decision to launch this investigation as the abuse of dominance by owners of the App Store prevents publishers offering direct downloads to our readers, and allows Apple to control the environment where our customers do not have a choice of payment systems. This means our customers become Apple customers, where Apple controls the relationship, and prevents publishers from having access to data, even about our own customers.”
The EPC press statement is found below and behind this link.


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As we reflect on 2020, it’s clear that the next-gen category has been a huge success.
Nicotine pouches are now worth a staggering £7.4m, vaping has increased by 22% in value sales, and the heated tobacco category has seen sales rise by 270% in the past 12 months.
Looking ahead to 2021, convenience retailers should focus on growing their next-gen range by stocking products like Nordic Spirit, the UK’s number-one nicotine pouch brand, and Logic, the UK’s number-one vape brand.
Another one to watch is JTI’s new heated tobacco device, Ploom S, currently sold exclusively through accredited retailers in London, including 30 convenience stores.
Its Evo tobacco sticks are available for all London retailers to purchase through wholesalers within the M25.
The leading vape magazine for the convenience sector, Vape Retailer’s mission is to demystify the vaping category through industry-leading insight and actionable adviceOrder your copy of Vape Retailer now


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There's always a moment when the harsh nature of reality is crystallised; when however hard you try, you can't pretend any more that things are OK. For most people, this type of thing happens when they get their first credit card bill after Christmas. For Red, one imagines, their corporate hearts stopped for a moment last Tuesday, 30th October, when Sony revealed the scale of their new camera ecosystem.
In many ways IBC2013 was a quiet show. Yes it boasted record visitor numbers, but few things happened out in Amsterdam that hadn’t been predicted beforehand: namely HEVC-powered 4K is on the horizon, the second screen is increasingly important to broadcasters’ plans, and higher frame-rate imaging is moving closer and closer to mainstream acceptance. Andy Stout looks back on five days in Amsterdam
Within hours of my article on the FT-One going live, Vision research have announced the Phantom Flex4k. Mere hours ago the FT-One was something of a groundbreaking camera giving really high speeds in the 4k space, which gives you some idea of what this years NAB is like. Now, there's much bigger news. Redshark contributor Freya Reports
Last year at NAB, Panasonic revealed its concept for a 4K varicam camcorder. And what a concept it was, with a large sensor and a revolutionary Android-based user interface. It looked like a genuinely new and refreshing idea for the incoming era of 4K or Ultra High Definition
When we were approached by RedShark News to take a look at the new Sony HXR-NX30E we were delighted to be asked, so we gladly said,‘of course!’. We're always excited to get our hands on new technology and equipment so the camera was swiftly biked over to us
Electronics is so completely integrated now that building new equipment is just a matter of glueing together a few parts you can buy from the Internet. Is this true? And is this the biggest threat to traditional camera manufacturers? In this article, we investigate this, and the background to it, in detail
The conventional view is that cameras that allow you to work with multiple lenses are always better. Barry Braverman disagrees.


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According to American Express, 103 million shoppers flooded the small businesses of America on Saturday, Nov. 26, which surpassed the original projection of 89 million. Compared to last year, small business merchants saw a 23 percent increase in American Express card-member transactions.
“We want to thank all the consumers, public officials, community organizations, chambers of commerce and corporate partners who were part of the movement,” Kenneth I. Chenault, chairman and CEO of American Express, said in a statement. “By supporting small businesses across America, they are helping to create jobs, boost the economy and preserve our neighborhoods.”
Beyond these shopping statistics, the Small Business Saturday campaign increased awareness and support for local businesses. Public awareness almost doubled from 37 percent in 2010 to 65 percent this year. More than 2.7 million Facebook users “liked” the Small Business Saturday Facebook page. And the phrase “Small Business Saturday” was included in almost 200,000 tweets.
The shopping holiday also drew support from 75 major corporations, including Facebook, Google, FedEx, more than 230 small-business advocacy groups, and President Barack Obama.
Thousands of small businesses themselves also embraced the holiday. More than 500,000 small business owners leveraged an online tool or promotional materials for Small Business Saturday. And 15,000 small businesses signed up to receive free Facebook advertising to promote their products and services in the run up to Small Business Saturday.
On the eve of Small Business Saturday, we produced a short video to showcase some of Denver’s smaller merchants who support the holiday, and encourage others to do the same. Check it out below!


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Boyzlife UK Tour 2022 tickets go on sale - How to buy
BOYZLIFE have announced that they will be going on tour in 2022 from September to November.
It will see the band perform new songs from their upcoming original material studio album, ‘Old School’, which is due for release on May 6, 2022.
Keith Duffy and Brian McFadden make up Boyzlife, who were previously part of the boy bands Boyzone and Westlife respectively.
The band’s debut record was released on July 17, 2020 topping both the UK & Ireland’s iTunes and Amazon music charts immediately as well as charting at #12 in the UK Official Album Chart.
What a tour we just had! We loved seeing you all and can't wait to do it again!
We are very excited to announce our next tour the 'Old School Tour 2022' sweeping across the UK next year! Sign up here to hear the details first: https://t.co/nEtNFRw32I pic.twitter.com/JFljm8vYZ6
— BOYZLIFE (@boyzlifeOFCL) December 16, 2021
How to get tickets for Boyzlife 2022 UK tour?
Tickets go on sale for the tour dates at 10am on Friday, January 28, and they can be found on Ticketmaster.
Where will Boyzlife be going on their 2022 UK tour?
September 26, 2022 - Philharmonic Hall, Liverpool
September 27, 2022 - Bridgewater Hall, Manchester
September 28, 2022 - De Montfort Hall, Leicester
September 29, 2022 - City Hall, Sheffield
October 1, 2022 - Town Hall, Birmingham
October 2, 2022 - St David's, Cardiff
October 4, 2022 - Corn Exchange, Cambridge
October 5, 2022 - Hexagon, Reading
October 7, 2022 - Music Hall, Aberdeen
October 8, 2022 - Usher Hall, Edinburgh
October 9, 2022 - Opera House, Blackpool
October 11, 2022 - Sands Centre, Carlisle
October 12, 2022 - City Hall, Newcastle
October 14, 2022 - The Barbican, York
October 15, 2022 - St George's Hall, Bradford
October 16, 2022 - Victoria Hall, Stoke-on-Trent
October 18, 2022 - Pavilions Theatre, Bournemouth
October 19, 2022 - New Theatre, Oxford
October 21, 2022 - Cliff Pavilions, Southend
October 22, 2022 - Leas Cliff Hall, Folkestone
October 23, 2022 - Baths Hall, Scunthorpe
October 25, 2022 - Regent Theatre, Ipswich
October 26, 2022 - G Live, Guildford
October 27, 2022 - Westlands, Yeovil
October 29, 2022 - Guildhall, Portsmouth
October 30, 2022 - Orchard, Dartford
November 1, 2022 - Hall for Cornwall, Truro
Tickets for all dates can be found on the Ticketmaster website.


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In February, the Federal Trade Commission (“FTC”) published a blog post that elucidated key security principles from recent FTC data security and privacy orders. Specifically, the FTC highlighted three practices that the Commission regards as “effectively protect[ing] user data.” These practices include: (1) offering multi-factor authentication (“MFA”) for consumers and requiring it for employees; (2) requiring that connections within a company’s system be both encrypted and authenticated (e.g., deploying a “zero trust” methodology); and (3) requiring companies to develop data retention schedules. The FTC noted that while these measures “are not the sum-total of everything the FTC expects from an effective security program, they are a sample of provisions [that the FTC has] seen recently that speak directly to the idea of attacking things at their root cause to produce uniquely effective results.”
The FTC’s post highlighted that “[m]ulti-factor authentication is widely regarded as a critical security practice because it means a compromised password alone is not enough to take over someone’s account.” FTC orders have included provisions related to the implementation of MFA for both consumer and employee accounts:
- Consumer Accounts: The blog post noted that FTC orders have allowed companies to permit consumers to select their own MFA preference. However, these orders have required companies to replace “security questions” with MFA, to offer MFA that does not require the provision of telephone numbers, and not to use information collected for MFA for any other purpose.
- Employee Accounts: The blog post also noted that FTC orders have required companies to use phishing-resistant MFA, such as security keys, for their own employees. The FTC flagged that – of the available MFA technologies – “only security keys are resistant to phishing and other social engineering attacks.”
Encrypted and Authenticated Connections
The FTC’s blog post also referenced recent FTC orders that have required that “connections within a company’s systems must be both encrypted and authenticated.” According to the blog post, an alternative approach that uses “a strong firewall outside the corporate network” could allow an attacker to “move freely” once inside the network. Instead, the blog post described a “Zero Trust” approach as a “baseline” that requires users “to be authenticated and authorized to access a system,” and encrypted connections that protect against an attacker’s ability to “snoop” on legitimate connections. The FTC’s blog post suggests that these measures will help limit the “blast radius” of a vulnerability and can build on other existing safeguards such as phishing-resistant MFA.
Data Retention Schedules Finally, the FTC’s blog post noted that recent FTC orders have required companies to develop, publish, and adhere to a data retention schedule based on the “premise that the most secure data is the data that’s not stored at all.” The blog post noted that such policies provide companies with ancillary benefits such as cataloguing the types of data maintained, the “information needed to prioritize protections based on the types of data,” and the ability to “comprehensively comply with” user requests to delete data.


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February 28, 2017
Paysafe launches GOLO mobile ordering platform in Montreal
Payment pioneer's new mobile solution to transform how consumers and merchants buy and sell locally
GOLO debuts in Montreal ahead of North America, UK and Europe rollout
MONTREAL -- Paysafe has today launched its GOLO app and web ordering platform, accessed through an instant and convenient consumer app that enables businesses to sell more effectively to their existing and new customers. With more than 100 local businesses already using GOLO, the 'Go Local' ordering app has now formally launched in Montreal ahead of a wider rollout across Canada, the U.S., UK and Europe over the coming months.
GOLO leverages Paysafe's powerful digital payments expertise to deliver real-time benefits for businesses and consumers. GOLO geographically locates consumers and connects them to nearby businesses, enabling consumers to get just about anything they need, on-the-go at the click of a button.
Benefits for consumers:
Ease-of-use, simple and convenient – your neighbourhood at your fingertips
Highly efficient, no waiting in lines
Shoppers order and pay for goods in advance on their mobile device
They can pick up their order in a local store in minutes or have it delivered when they want
Benefits for businesses:
Improved reach – local merchants get to access a larger, online and mobile customer base
Improved efficiency – reduced overhead versus typical bricks and mortar model
Enhanced customer insights – customer segmentation and promotional tools to better target customers
Safe and secure – payments are instantly transferred to merchant bank accounts
GOLO is all about delivering scaleable payments innovation that helps to support the 'shop local' movement with a focus initially on small- to medium-sized businesses serving the community through selling merchandise and everyday essentials.
Danny Chazonoff, Paysafe's chief operating officer says: "GOLO was born from a desire to help both businesses and consumers benefit from our innovative payments expertise. Simplicity and convenience are at the heart of GOLO, a mobile solution that helps local neighbourhoods come alive digitally with a service that saves consumers time and money and generates more sales opportunities for businesses."
Benoit Godin, who has owned his florist business Vertuose for more than 13 years, has adopted GOLO's mobile order-ahead platform.
"I finally feel like I have a place to compete and offer my clients a digital experience," Godin says. "And by being on the web and on mobile, GOLO brings us visibility for people on the block, even those who don't know us. For a single-store florist, that's pretty good!"
Montreal-based restaurants group Foodtastic, which serves around 50,000 customers every week across its Carlos & Pepe's, La Belle et La Boeuf, Nickels, Souvlaki Bar and Vinnie Gambini's outlets, is another of the 100+ businesses now available on GOLO.
"So many people are walking around, phone in hand. They want something there and then. And GOLO seems like a very promising solution for us to give them exactly that. It's why we're onboard," says Peter Mammas, Foodtastic's chief executive.
Philippe Marois, the chief operating officer leading the GOLO business adds: "Mobile ordering is really taking off in North America. In the U.S. alone, it is predicted by some forecasts to generate more than $60B in payment value in 2017* and more than $314B by 2020. So far, only the big retailers have really explored this trend successfully."
Marois adds: "With GOLO, we're creating an opportunity for local retailers – the neighbourhood's florist, bagel shop or artisan store – to really benefit from digital ordering. Users can buy local with all the convenience of shopping – and paying – on their mobile. GOLO gives you your neighbourhood at your fingertips."
The GOLO app can be downloaded for free from the App Store or Google Play, or shop online at https://www.gololocal.com/en-ca/.
* eMarketer Report: https://www.emarketer.com/Report/US-Mobile-Payments-Outlook-Strong-Growth-Forecast-Proximity-Peer-to-Peer-Payments-2017-Beyond/2001890


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European retailer Vom Fass ready to spice up Hamilton Town Center
How about a little black cumin, grape seed or pistachio oil? Maybe some balsam cherry vinegar?
Vom Fass, a retailer selling an international assortment of spices, oils and vinegars, is bringing its European-imported products to Hamilton Town Center by early October.
With just 12 other U.S. locations (none in Indiana), Van Moss features products ready for sampling "from the cask" — the English translation of the words "Vom Fass."
The products are encased in cask pyramids, glass balloons and vinegar and oil crocks. Customers are encouraged to taste and smell before they buy.
Spices, oils and vinegars then can be purchased in various quantities and are taken home in the customer's choice of more than 40 handmade artisan bottles.
The Noblesville shop, located between Chico's and Aveda, is operated by the husband and wife franchise team of Sundaresh Ramanathan and Anyta Sundaresh, of Fishers.
In addition to selling the products — which will come from small producers in both Europe and the U.S. — the couple will offer in-store events, such as demonstrations, tasting and cooking classes. They also want to educate the community about the taste and health benefits of their oils, vinegars and spices.
"We are absolutely thrilled to bring a world-class brand known for delivering the best oils, vinegars and spices to customers with a taste-before-you-purchase offering," Ramanathan said in a statement. "This is a retail concept that truly absorbs people. It lives and breathes its slogan 'look, taste and enjoy.'"
Since opening its first store in Germany in 1994, Vom Fass has seen explosive growth. Today, it has nearly 300 locations, mostly in Europe, but the company is planning a major expansion in the U.S. through franchising.
Call Star reporter Dana Hunsinger Benbow at (317) 444-6012. Follow her on Twitter: @danabenbow.


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When it comes to 3D printing trade shows and conferences, MecklerMedia is one of the companies that does it right. With their Inside 3D Printing Conference and Exhibitions held worldwide, just about anyone interested in 3D printing technology can get a glimpse of what it is all about.
I recently had the chance to attend MecklerMedia’s event in New York City. It was by far the largest, most all-encompassing 3D printing conference that I had ever attended, with over 12,000 people pre-registering to see some of the most advanced technology within the field. I thought that this show was large, but for individuals living in Japan, things are about to get even larger!
MecklerMedia has teamed with CEATEC Japan to bring both their Inside 3D Printing and RoboUniverse conference and expos to the country on the grandest stage of them all. CREATEC (Combined Exhibition of Advanced Technologies) is the country’s largest annual consumer electronics and IT exhibition. Launched in 2000, it brings together leading companies in advanced technologies and electronics, on a stage that attracts over 550 exhibitors and 150,000 attendees.
This year, 3D printing and robotics will play a major role at the conference, as MecklerMedia will produce the 3DPrinting@home and RoboUniverse@home portions of the show taking place at Makuhari Messe Convention Center in Tokyo on October 7-10, 2015.
“We are pleased to have been selected by CEATEC, Japan’s largest consumer electronics show, to curate an exhibition that brings together 3D printing and robotics innovators and trail blazers who are moving the industries forward,” says Alan Meckler, Chairman and CEO, MecklerMedia.
Alan Meckler is a man who has been in the trade show business for decades. He is a successful businessman who knows when to and when not to form business relationships with other companies. While he could have easily hosted his own independent 3D printing and robotics shows in Japan, as he has done in the past, this opportunity to work with the CEATEC was one that he apparently could not pass up.
What do you think about this upcoming event in Japan? Will you be attending or exhibiting? Discuss in the CEATEC Japan 2015 forum thread on 3DPB.com.
Companies interested in exhibiting at the upcoming 3D printing show can contact MecklerMedia at firstname.lastname@example.org. Those interested in exhibiting at the robotics show can contact email@example.com.
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Ms. Phan Thi Thang, Vice Chairwoman of the Ho Chi Minh City People's Committee, on October 21, chaired the seminar on 20 years of practice and solutions to improve the effectiveness of the market stabilization program in HCMC, with the attendance of experts, scientists, the business community, HCMC departments, agencies, and leaders of neighboring localities.
It is only half a month left until the 2022 Lunar New Year, the purchasing power at trade centers and supermarkets has gradually improved. Vice Chairwoman of the People's Committee of Ho Chi Minh City Phan Thi Thang shared with SGGP Newspaper about the plan to take care of citizens in general and underprivileged workers in particular on the occasion of Lunar New Year, as well as specific solutions to prevent poor quality goods.
From the beginning of January to now, the wholesale markets of Hoc Mon, Thu Duc, Binh Dien have received 2,600 tons, 1,600 tons, and 1,500 tons of goods per day, respectively. Thereby, prices of food and fresh goods have declined by about 20 percent.
Although the purchasing power is not expected to hike suddenly during this Lunar New Year, Ho Chi Minh City has been ready to supply tens of thousands of tons of food and foodstuff products every day to ensure consumer demand before, during, and after the Tet holiday.
Unlike previous years, manufacturing enterprises do not have much time to prepare for the Lunar New Year because all of them have just gone through a difficult period due to the prolonged Covid-19 pandemic. However, with positive signals of the market, enterprises are striving to increase output, as well as implement safe production solutions, so that the progress of supplying goods to the market for the Tet holiday will not be affected.
Most of the traditional markets have been urgently planning to resume operations. Meanwhile, the purchasing power in the supermarket system has dropped sharply because people did not buy and hoard goods as before.
According to the Department of Industry and Trade of Ho Chi Minh City, from August 23 to now, the city has continued to strengthen social distancing following the motto of “staying put wherever you are”, trade activities of goods, food, and foodstuffs in the area encountered many difficulties at first, especially in the supply and distribution activities of food and foodstuffs to citizens.
Vice Chairwoman of Ho Chi Minh City People's Committee Phan Thi Thang, in a recent meeting, asked departments, Thu Duc City, and districts to quickly reorganize local supply points of goods with an appropriate method, resume operations of points of sale of food and essential foods at traditional markets. The decision of the leaders of the People's Committee of HCMC is right, but in reality, reopening traditional markets is not an easy task.
It was recorded at supermarkets and food stores in Thu Duc, Binh Thanh, and Phu Nhuan districts, the volume of essential foods, such as vegetables, fruits, meat, and fresh fish, was quite plentiful on July 9, while the number of customers decreased by about 50 percent compared to the previous day.
Before Ho Chi Minh City carries out Directive No.16, the Food and Foodstuff Association of HCMC (FFA) said that food processing enterprises had increased their production capacity by 50 percent to ensure a stable supply of goods for citizens in the next six months.
People can feel assured that there will never be a shortage of goods during social distancing. Goods are plentiful and diverse, and the supermarket system will operate throughout the day, so people should not rush to shop and gather too many people at one place, which will increase the risk of Covid-19 infection.
The Department of Industry and Trade of Ho Chi Minh City, on the evening of July 6, said that it has focused on activating scenarios and plans to create sources of essential goods to ensure the balance between supply and demand of goods with specific solutions.
Despite the complicated situation of the Covid-19 pandemic, which greatly affected the transportation and circulation of goods, on the afternoon of June 27, it was recorded that goods in Ho Chi Minh City were still abundant, especially essential items.
Deputy Director of the Department of Industry and Trade of Ho Chi Minh City Nguyen Nguyen Phuong, on June 20, affirmed that the commodity market and purchasing power was normal on the first day that the city implemented Directive No.10 of the municipal People's Committee on tightening and strengthening measures to prevent and control the Covid-19 pandemic.
According to Saigon Co.op, thanks to the preparation of large quantities of goods, essential, price-stabilized, dried, and frozen goods will be supplied to the market regularly in the next six months. Fresh food items are also being supplied stably and transported smoothly, so there will not be significant fluctuations in the next few months.
According to the Ministry of Industry and Trade, the general purchasing power on the market showed signs of improvement, and the supply of goods, especially the group of essential food products, was very abundant in November this year. To maintain stable prices, enterprises need to focus all resources on production, organize more promotional activities and promotions to stimulate shopping demand at the end of the year.


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Trading in cryptocurrencies is in vogue, but in Germany, which tends to be more risk-averse, it is far from being widely accepted in society. But who exactly is investing their money in digital financial assets and which crypto traders are currently generating the most new business??
The majority of cryptocurrency buyers are older than 40, and the platform with the most new business is Bitpanda. ©Clark
To better penetrate the cryptocurrency market, market and opinion research firm Ipsos conducted a survey of nearly 1,000 respondents. Some of the results are surprising.
Large generational and gender differences
In the first half of this year, about 0.5 percent of all households in Germany bought at least one new cryptocurrency, according to Ipsos. Furthermore, it can be seen that the cryptocurrency market is seen as much more risky, especially by older target groups and respondents with higher incomes. For example, just under a quarter (27 percent) of those under 24 say that the cryptocurrency market is currently too risky for you; in the over-60 age group, this figure is 62 percent.
Consequently, it could be assumed that mainly young traders invest their money in new coins. However, the Ipsos financial market panel shows a contrasting picture: the majority of cryptocurrency buyers (61 percent) are older than 40 years, while only 39 percent belong to the target group of those under 39 years of age. Nearly one-fifth (19 percent) of all new deals are even among people aged 60 and older. Also notable: men are far more likely to trade cryptocurrencies than women (86 percent of all trades) (14 percent).
No clear market leader
Less surprises result from the analysis of the providers. Here, neobrokers and pure crypto traders are at the forefront, but a clear market leader is not evident here.
Bitpanda leads new business in the crypto market in the first half of 2021 with around 10.0 percent of all purchases, followed by eToro with 9.8 percent and Bison with 8.3 percent. The fourth and fifth places are occupied by the providers Bicoin.de (7.7 percent) and Coinbase (5.6 percent). The provider Trade Republic, which strongly courts the young target group in particular, is currently in seventh place in the ranking.
Completed the purchase of coins is currently primarily through homepages on the Internet. 84 percent of all cryptocurrencies traded went through this channel, with another 13 percent through apps.
Crypto as a long-term savings strategy
The survey also examined the extent to which digital currencies should be part of investors* own savings strategy. Only 15 percent of those surveyed agreed (fully) with this statement.
However, according to Robert Kraus, financial expert and head of the Ipsos Financial Market Panel, this value should not be underestimated: "Our survey results make it clear that cryptocurrencies have long since ceased to be a niche product, but are already being used by a portion of German households to diversify their own portfolios."
Even the budget reach of 0.5 percent in the first half of 2021, which initially seems quite low, is deceptive, according to Kraus. He says: "If you compare this figure with other financial products, it shows that in the same period, only 0.9 percent of all households also took out a new checking account and 0.8 percent a long-term financial investment. In fact, only about 0.6 percent of all households opened a new fixed deposit account."
- Population-representative online Ipsos Accesspanel survey of 1000 people specifically about cryptocurrencies.
- The findings were enriched with data from the Ipsos Financial Markets Panel, in which 20 per quarter.000 households in Germany are surveyed about their activities in the financial market.
- Stocks, new contracts including information process and terminations in the areas of banking services, insurance and home savings are recorded.
- The Ipsos financial market panel analyzes the factors that shape the short and medium-term business performance of financial institutions, insurance companies and building societies.


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Click here to read the latest Australian cannabis outlook.
Australia’s burgeoning cannabis market is attracting attention from investors as it develops.
Here the Investing News Network (INN) takes a look at the current state and rapid growth of the cannabis industry in the nation into 2020.
Australian cannabis outlook 2020: The path to legalization
Australia legalized medical cannabis in 2016, when the Narcotic Drugs Act was amended to allow the drug to be grown for medical and scientific purposes for the first time since it was outlawed in 1938.
The amendment allows businesses to apply for a number of different licences, including cultivation, manufacturing and research.
Despite the substance’s illegality, recreational use of cannabis has remained high. A report from the Australian Institute of Health and Welfare shows that marijuana is the most extensively used illicit substance in the country.
As such, full cannabis legalization has been an ongoing movement within Australian parliament.
In some of the country’s states, like the Australian Capital Territory (ACT), strides have been made to legalize adult use of the drug.
In the ACT, Labor Party member Michael Pettersson has introduced a bill that would legalize the use of marijuana for recreational purposes. It would allow people to possess up to 50 grams of flower and grow up to four plants outdoors per residence, or two per person.
The bill was passed in September 2019 and will take effect in January 2020, though some industry experts say its conflict with overarching Commonwealth legislation could prove to be a challenge.
More broadly, cannabis legalization has been a big part of the platform of the Australia Greens political party. Prior to Australia’s federal election this past May, the Greens were vocal about pushing the Labor Party to take the lead on marijuana.
In an interview with Smart Company, Greens leader Richard Di Natale said the party wants to allow people to grow up to six plants and establish a controlled market for the sale of cannabis products.
Australian cannabis outlook 2020: Increases in medical cannabis research
Save for one medical cannabis product — nabiximols — medical cannabis is not an approved medicine in Australia under Therapeutic Goods Administration (TGA) regulations. The TGA is the Australian equivalent of Health Canada, the regulator for the first G7 nation to legalize recreational use of the drug.
Patients who want to access cannabis products for medicinal purposes can use the Special Access Scheme, the Authorised Prescriber Scheme or a clinical trial.
Alexandra Curley, head of insights at research company Prohibition Partners, told INN that Australia’s current system could work to the country’s benefit when it comes to expanding the medical cannabis industry in Australia.
“What is very interesting with Australia is that the country is basically trying to get some of those stumbling blocks out of the way to ensure a smooth transition to incorporating medicinal cannabis onto the pharmacopoeia,” she said.
With the legalization of medical cannabis, research on the efficacy and safety of the drug has taken off in Australia. In 2017, the federal government established the Australian Centre for Cannabinoid Clinical and Research Excellence (ACRE), the country’s first federally funded centre for medical cannabinoid research.
ACRE director Jennifer Martin told Health Europa in April that the country needs to open the path for cannabis research.
“In 2014-15, Australia was in uncharted territory, with a strong push from patients and their relatives for medicinal cannabis to be available before it had become a registered product,” said Martin.
Martin added that ACRE’s research application is an opportunity for Australia to “establish a world-class pharmacovigilance, data monitoring and collection system.”
She continued, “ACRE has already taken critical steps to make this happen and it will enable direct and robust evidence to inform government, prescribers and the public.”
Other institutions, including the Lambert Initiative for Cannabinoid Therapeutics at the University of Sydney, have also been at the forefront of researching cannabinoid-based treatments.
The research has been to the benefit of the cannabis industry in the country overall. Initially, doctors were apprehensive to prescribe the drug due to a dearth of information, but research has been pivotal to increasing the use of cannabis.
“Our doctors are more educated about cannabis as a therapy, and also we’ve got a number of cannabinoid clinics that are actually opening up, so it’s easier for our patients to access,” Fleta Solomon of Little Green Pharma told INN.
Australian cannabis outlook 2020: Looking toward future development
Moving forward, Australia has been looking to become an export powerhouse in the cannabis space since the export of medical cannabis was legalized in 2018.
That year, Health Minister Greg Hunt said on ABC Radio that the country is aiming to become the world’s number one supplier of medical cannabis.
Since then, cannabis companies have been taking advantage of the legal freedom.
In September, Little Green Pharma shipped the country’s first locally grown medical marijuana products to Frankfurt-based cannabis firm Cansativa.
Another Australian company, Bod Australia (ASX:BDA), announced in July that it had entered into an agreement with UK-based pharmaceutical company PCCA to import Bod’s medical cannabis products across the UK and Ireland.
Solomon mentioned that along with the UK and Germany, Switzerland, New Zealand and Thailand are all countries Australia is looking to establish connections with in the marijuana space.
She added that “regulatory hurdles” are still in the way of these expansion plans. But developments at the federal level may soon make it easier for marijuana firms to solidify themselves in the global cannabis industry.
In September, a report for the Narcotic Drugs Act was tabled in Australian parliament recommending a complete rebuild of the licencing regime to “reduce the regulatory burden” on industry players and allow more support for the development of the industry, according to Australia’s health department.
According to the report, as of June 2019 the Office of Drug Control had received 246 licence applications, and had granted 63 licences, including 24 medicinal cannabis licences, 16 cannabis research licences and 23 manufacturing licences.
Australian cannabis outlook 2020: Investor takeaway
Though the Australian cannabis market is still in its infancy, it is well positioned to grow into a contender in the global marketplace for cannabis. Projections from Prohibition Partners put the country’s medical cannabis industry at AU$3.1 billion by 2028.
Curley said that Australian companies are well aware of their growing standing in global cannabis.
“The companies in Australia very much see that they have an opportunity to come centre stage, and they can really compete with the Canadian giants,” she said. “There’s a number of companies that are really ramping up efforts to produce and develop the market.”
For Australia, the phrase “Cannabis 2.0” has a much different meaning than it does in Canada, where it describes the shift to edible cannabis-infused products. Experts are expecting to see the Australian sector find its footing during this upcoming stage of development.
“The Australian market has now entered what we call Cannabis 2.0 — a phase of the market defined by real patient volumes, real revenues and real profits,” said Tim Drury, CEO of Southern Cannabis Holdings. “In 2020 we expect a shakeup of the market with new group of market leaders to emerge on the back of strong business models.”
Don’t forget to follow us @INN_Australia for real-time news updates!
Securities Disclosure: I, Danielle Edwards, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
American cannabis sales hit US$17.5 billion in 2020, a research group’s new study shows.
Meanwhile, a Canadian cannabis producer began offering CBD beverages in the US, another move that shows how interested Canadians are in the overall US cannabis market at the moment.
Some pretty important news out of health and wellness; beverage and natural products company BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) this week. For those of you following the Company with us, stay tuned.
As investors continue to prioritize cannabis opportunities in the US, market watchers expect mergers and acquisitions (M&A) to play a role in the future for Canadian companies.
A consolidation trend has been expected in the Canadian cannabis space for some time now based on the size of the market compared to the number of operations in the country.
BioHarvest Sciences Inc. Unveils the Unique Polyphenolic Content of Its Upcoming Olive-Based Nutraceutical
The product will include polyphenols known to have significant health benefits.
BioHarvest Sciences Inc. (CSE: BHSC) (“BioHarvest” or the “Company”) has reached an important milestone in its development program of additional Nutraceuticals. The olive-based Nutraceutical product scheduled for market availability in the second half of 2022 will contain the following unique matrix of polyphenols: hydroxytyrosol, trosol, and verbascoside. These compounds are the major polyphenols in naturally grown olives and are responsible for the high antioxidant activity of olives and olive oil. Importantly, the BioHarvest olive-based Nutraceutical product will provide all the benefits of olives and olive oil with a low calorie count per serving.
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it will report financial results for the fourth quarter and full year ended December 31 st , 2020 on Thursday March 25 th , 2021 before the market opens.
The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights on Thursday March 25 th , 2021 at 8:30am Eastern Time (7:30am Central Time).


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Target's Grocery Deliverymen Are Being Told To Buy Gifts For Rich Customers
While the gig economy was once advertised as conveniently earning a bit of party money on the side, it has not-so-slowly turned into the 21st equivalent of standing around at the shipyard hoping they'll pay you a ha'penny to unload the steamer from Antwerp so you can afford to feed your children. Except that now, that toothy blowjob you're giving the foreman for preferential treatment better come with a free smile, as companies like Target demand utter and unwavering gratitude from their gig workers.
In 2017, Target acquired Shipt, the app that lets the rich and busy pay folks to help get their groceries. But the supermarket corporation didn't spend over half of a billion dollars acquiring the concept of a bagboy to get any kind of talkback from its new serfs. Speaking to Vice, several ex and current Shipt contractors claim that workers talking Shipt in any negative way will get them put on a Shipt list and can easily get them Shipt-canned. The company tightly monitors all social media activity, having corporate moderators make sure Shipt shoppers don't post anything "except for the super syrupy stuff." Target also won't hesitate to "deactivate" its corporate drones for generating any kind of negative buzz, which includes complaining about the poor pay, helping each other out (clearly the first step to inciting unionization) or even making fun of Shipt's expensive new logo because it looks like someone got shoulder-checked while trying to draw the copyright symbol.In fact, bootlicking seem to be at the core of Shipt's business model. Target also replaced its clear and fair commission-based payment system with the capricious and terrible god of gig work, the Algorithm, which has cut some cities' workers' earnings
For more weird tangents on workers' rights, follow Cedric on Twitter.


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Data released by the commerce and industry ministry on Tuesday showed inflation, measured by the wholesale price index (WPI), rose an annual 3.6% in October, higher than the previous month's rise of 2.6% and 1.3% increase in October 2016.
Meanwhile, the index for "Non-Food Articles" group declined by 0.9 per cent to 119.2 (provisional) from 120.3 (provisional) for the previous month due to lower price of raw cotton (5 per cent), fodder, mesta and cotton seed (3 per cent each), raw rubber, safflower (kardi seed) and castor seed (2 per cent each).
Wholesale prices had accelerated in August to 3.24 per cent from July's rise of 1.88 per cent and an increase of 0.90 per cent was reported for June.
Prices of other major group under the WPI, manufactured products, which comprise almost 64.23 per cent of the index, recorded a 2.62 per cent rise.
"Hopefully, increasing trend prove to be seasonal and we will continue to have sub 4 per cent inflation", he said. Fuel and power inflation hit 10.5% compared to previous month's 9% rise. Vegetable prices rose an annual 36.6%, while onion prices soared 127% during the month, a sharp jump from previous month's 79.8% increase.
Fuel inflation has remained high for the past three months as petrol and diesel prices continued to rule high tracking global crude oil rates. However, the price of beedi was up by 4 per cent.
For the "manufactured tobacco products" group WPI rate declined by 1.3 per cent due to lower prices of cigarette and other tobacco products.
As per data, wheat became cheaper by (-) 1.99 per cent on YoY basis and the prices of pulses came down by (-) 31.05 per cent, but paddy became dearer by 3.10 per cent.
The overall food prices, as gauged by the Consumer Food Price Index (CFPI), rose to 1.90 per cent during the month under review from 1.25 per cent in September 2017. We have nearly stopped eating vegetables. My husband is the only earning member in the family of five people.
How early is too early to put up Christmas decor?
There's little to no exclusive Thanksgiving music, no tradition of gift-giving and it certainly isn't a cross-cultural holiday. Some years it's snowy on Halloween yet raining by Christmas - all we know is the weather is unpredictable here.
Korea hit by 2nd biggest ever quake of 5.4-magnitude
Residents in Seoul, which is more than 300 kilometers away from the epicentre, felt tremors, and said their buildings shook. An aftershock of 3.6-magnitude took place in an area 7 km north of the coastal city, followed by third and fourth shocks.
PayPal Holdings, Inc. (PYPL) Underpriced by 2.7%?
BlackRock Institutional Trust Company N.A. boosted its stake in shares of PayPal Holdings by 2.8% in the third quarter. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.18 billion.


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We’ve watched the press conferences. Some of them, anyway. The PC Gaming Show, the Guerrilla Collective, Sony’s PlayStation 5 reveal, it’s been a busy week for Fake E3 2020. Now it’s time for the demos. The third iteration of Steam’s Game Festival kicks off today with…I don’t know, maybe 100 games? More? And all of them free to test out from now until June 22.
I’m struggling to put a number on it because this is the biggest Steam Game Festival by far. The first, coinciding with the Game Awards last December, featured about a dozen games. The second, which replaced GDC, touted 40—but still mostly indie games.
But this, the Steam Summer Game Festival, is far meatier. Sure, there are still plenty of (fantastic) indie games to demo, including Inkle’s latest project Pendragon, raccoon noir mystery Backbone, a SkateBIRD reprise, Stronghold: Warlords, and a few of my favorite trailers this week like Roki, Haven, and Ghostrunner.
For the first time though, Valve also got one of the major publishers onboard. It’s a minor-major publisher, and more of a token presence—but hey, it’s a start. THQ Nordic’s included demos for both Desperados III (which is also out today) and the upcoming Destroy All Humans! remake, while under the Deep Silver label you’ll find alt-history strategy game Iron Harvest as well.
It’s no E3 replacement. With no proper in-person event this summer, I’d hoped Valve could get Ubisoft, Bethesda, EA, or even Microsoft to participate in the Summer Games Festival. Evidently we’re still not at that point—whether because developers are too worried about letting demos out in the wild or because they simply didn’t plan for it early enough this year, I don’t know.
Still, it’s enough games to keep you occupied for the entire week and then some. Valve’s also arranged for streams and interviews with the developers, so if there’s a game you’re particularly interested in, check out the schedule. And have fun. Demos are rare these days. Take this chance to download and try something you’d never risk buying usually. Maybe you’ll fall in love.


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Tidbits and tattles about the sustainability industry, happening in real-time.
Hurtigruten Makes Huge Investment in Batteries and Biofuel
Batteries, shore power and biofuel are at the core of Hurtigruten Group’s large-scale green upgrade of the entire fleet of Hurtigruten Norwegian Coastal Express ships. The result: CO2 emissions will be reduced by least 25 percent and NOx emissions cut by 80 percent, as all seven ships will undergo significant green upgrades by 2023.
Carnival Showcases Eco-Friendly Fuel Technology on Two New Ships
Carnival is the first cruise line to bring LNG to North America on the two 180,000-gross-ton Excel-class ships. They are among nine Excel-class ships from Carnival Corporation to employ this eco-friendly fuel, touted as one of the cleanest in the world that will significantly reduce emissions with cleaner exhaust.
Crystal Cruises Announces Partnership With California Ocean Alliance
Crystal Cruises has announced a new partnership with the California Ocean Alliance (COA), an organization dedicated to marine research to safeguard oceans for the protection of marine mammals worldwide. The new partnership with COA expands upon its wildlife conservation efforts, including its partnership with ORCA, a leading marine conservation organization dedicated to the protection of whales, dolphins, and porpoises.
Shorepower is Coming to
Miami Mayor Daniella Levine Cava announced that Miami-Dade County signed a joint statement with six cruise companies – Carnival Cruise Lines, Disney Cruise Line, MSC Cruises, Norwegian Cruise Lines, Royal Caribbean International, and Virgin Voyages – and Florida Power and Light to bring shorepower to PortMiami.
Dr. Sylvia Earle To Join Aurora Expeditions on a Cruise
Renowned marine conservationist, biologist, oceanographer and explorer Dr. Sylvia Earle will be joining the nine-day expedition cruise to Baja California and the Sea of Cortez onboard Aurora Expeditions’ ship named after her.
MSC Cruises Flexes Environmental Commitment with Green Tech
2021 will see two new MSC Cruises vessels enter the market, the MSC Virtuosa and MSC Seashore, and both ships will be equipped with a wide range of the latest-generation environmental technologies and equipment, according to the cruise line.
Inchcape Shows Strong Leadership
in Response to Cruise Crisis
Inchcape is proactively developing leading-edge initiatives to support the industry in four key areas – sustainable cruise tourism development, holistic itinerary management (especially extended voyages and new destinations), crew logistics and business intelligence.
Following a challenging year in 2020, new research shows there is resiliency and optimism heading into 2021
Cruise Lines International Association (CLIA), the world’s largest cruise industry trade organization, has released the 2021 State of the Cruise Industry Outlook report…As CLIA members worked to address the impacts of COVID-19, the cruise industry also remained focused on its commitment to a cleaner, more sustainable future.
Cruise Industry Sees Brighter Future After “Year Unlike Any Other”
The new ships arriving in 2021 reflect the cruise industry’s commitment to a cleaner, more sustainable future. The CLIA report highlights the industry’s $23.5 billion investment in ships equipped with new technologies and using cleaner fuels to reduce carbon emissions.
Bureau Veritas Awards Ponant Notation for Managing Underwater Noise
Bureau Veritas (BV) has announced that it has awarded its class notation NR614 for Underwater Radiated Noise to Ponant’s Le Jacques-Cartier, the last sister-ship in the brand’s Explorer series of six expedition class cruise ships. BV said that the award of the notation reflects Ponant’s commitment to reducing the environmental impact of its ships and operations.
Sustainable, Responsible River Cruising
The vibrant and beautiful natural surroundings of the world’s rivers are a benefit of river cruising. And, it is up to Avalon Waterways – and other river cruise companies – to preserve this precious environment. This message of commitment is one Avalon holds dear and is sharing in time for the “International Day of Action for Rivers”.
MSC Cruises Wins Marine Environment Protection Award
MSC Cruises has won at the North American Marine Environment Protection Association (NAMEPA) 2020 Marine Environment Protection Awards…The company said the award notes the its multifaceted environmental work and acknowledges three key sustainability milestones achieved in 2019.


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Fixing an M1-Powered iPad Costs More than You Can Imagine
The M1-powered iPad Pro is the new cool kid on the block, and this makes perfect sense given the marketing effort Apple has put into Apple Silicon overall.
And the new 12.9-inch iPad Pro is obviously receiving quite a lot of attention these days, though the latest tidbit confirmed by Apple itself might take some people by surprise.
More specifically, Apple has revealed the pricing for the new M1-powered iPad Pro servicing in case the device ends up broken down, and as it turns out, it costs quite a lot to fix it.
For example, Apple says that whoever has AppleCare+ can fix a broken 12.9-inch iPad Pro for just $49. But the surprise is the out of warranty service fee, as Apple charges owners of this iPad model no less than $699 to repair the device.
Worth knowing, however, is that all these prices include screen repairs, and we all know the display is one of the most expensive components in the fir… (read more)


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Intel has released a new, low-power Core processor for ultrabooks and pledged that touchscreen ultrabooks will be available for as low as US$599 by the end of the year.
Ford opened its voice-activated systems to programmers Monday with an application developer program for vehicles that it announced at the International CES.
The connected home is shaping up as a big theme at this year's International CES, but Netgear Chairman and CEO Patrick Lo thinks a lot of people are getting left out.
It might not be a household name in the US, but China's Huawei sought to make a statement at CES in Las Vegas.
Intel has announced plans to release its first quad-core Atom processor before the end of the year, as the company tries to capture a bigger share of the tablet market dominated today by ARM-based processors.
We game on phones, we game on consoles, we game on networks, but cloud-based gaming has been hobbled by performance issues. Today at CES, Nvidia announced the GRID cloud gaming platform, a server system that aims to solve the power, speed, and scalab...
Lenovo continued its deluge of new Windows 8 product offerings at CES 2013, with key additions to its line of Windows 8 hybrid laptops announced Monday, including a smaller IdeaPad Yoga 11S. These new laptops follow up on the company's earlier announ...
Panasonic has introduced its 2013 TV line-up with a few whizz-bang features that look useful but others that seem a curious choice for the living room.
Netgear will build Google TV software into a high-end version of its NeoTV video-streaming box coming out at the International CES.
Asustek is aiming for the TV market with the introduction of an Internet streaming box called Qube, which will run on Google TV software.
Toyota demonstrated its latest active safety vehicle at the International CES Monday, bringing it a step closer to an autonomous car that could make roads safer.
Sharp has announced two new 4K LCD monitors, which will display images at close to four times the overall resolution of traditional 1080p high-definition monitors available today.
Home automation is finally moving forward under the power of smartphones and tablets, judging from developments coming to light this week around International CES.
A prototype flexible tablet with edges that can be bent to switch between pages is expected to be shown at the International CES this week.
The AR.Drone 2.0 flying quadricopter will have a longer-lasting battery, GPS to plot and track flights, preset movements, and post-processing software to smooth out shots, thanks to additions announced at the International CES.
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More than a third (39.4%) of US businesses with a base in the UK said they are considering moving it to elsewhere in the EU because of Brexit, according to a new report by international law firm, Gowling WLG.
Bridging the skills gap and boosting services will be top priorities for manufacturers over the coming year. Antony Bourne, IFS global industry director for manufacturing, outlines his three key predictions for 2017 and beyond.
Canadian Prime Minister Justin Trudeau has declared all Arctic Canadian waters off limits indefinitely, which is set to leave oil companies such as BP in limbo with regards to their exploration operations in the region.
2016 has been one of surprise and turmoil for UK manufacturers with largely unexpected outcomes in both the EU referendum and the US presidential elections. These geopolitical events contributed to an unprecedented level of uncertainty surrounding international trading relationships, as Dom Tribe explains.
One of the worlds most innovative and sustainable energy companies is set for a major restructure which will include reducing its global workforce by 25% as it looks to position itself for long term sustainable growth.
A new Supply Chain Funding Index has been launched by URICA, in conjunction with YouGov and economic advisor, Dr John Ashcroft, to determine the health of our supply chains and the liquidity contained within.
Holden has reached the end of an illustrious era after building its last Australian-made V6 engine, ending 68 years of Holden engine manufacturing in Australia.
Residents of a small Spanish village have denied recent reports that every resident was left €2m (A$3.36m) by the late Corona founder Antonio Fernandez in his will.
A lot of businesses, small and big, still don’t maintain a strong online presence for a number of reasons. They may be reluctant to invest in a good online store. The process of creating an online store that works can be pretty daunting, especially for businesses who are not used to online commerce.
A new survey of top finance executives at US-based companies, released today by cloud ERP software company, Intacct, has revealed that finance departments are behind in preparing to transition to new ASC 606 revenue recognition guidelines.


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Earlier this year, Nintendo announced the creation of their latest product, the Nintendo 3DS which allows the user to view video games in 3D without the the of the annoying 3D glasses. Well earlier this week, game site, Kotaku.com announced that 3D gaming can be more hazardous to children than regular, 2D video games.
The 3DS will be out on shelves in Japan starting on Feb. 26th for around $300 and other areas sometime in March. Kotaku.com stated that these 3D gaming systems can be harmful to children because their vision is still in development. Hence, children under the age of 6 should not purchase/play the Nintendo 3DS.
The good news is that if you absolutely have to buy the device, it will offer options on how much 3D you would like to see. There will also be parental controls that can turn the 3D completely off/on.
So if you are above the age of 6, get ready to enjoy the full 3D power of the Nintendo 3DS!


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October will be a good month to be a Ferrari fan in Australia, as the prancing horse plans to officially celebrate its 70th anniversary in Australia by bringing the largest collection of Ferraris in the Southern Hemisphere down under.
Choosing the annual Motorclasica event at Melbourne’s Royal Exhibition Hall to display what will be the biggest Ferrari display ever put together in Australia, Ferrari will be featuring some of their rarest and most valuable cars ever.
They’ll also pay homage to their 70 years of styling, innovation and success in racing through their “Driven by Emotion” exhibit.
The cars featured will span the entire range of Ferrari’s illustrious history, from the 195 EL to the LaFerrari Aperta. If the latter name seems familiar to you, it’s the limited edition LaFerrari that recently sold for $12 million at auction.
Ferrari are also taking the festivities outside of the exhibition hall, with a group of classic Ferraris touring the city of Melbourne as part of the Tour Classica on the 12th October. The Ferrari Owners club of Australia will also be displaying their cars on the forecourt of the building in an all-out homage to everything Ferrari, a stop on their 45th National Rally.
“Ferrari is thrilled to be officially celebrating this major 70th anniversary milestone with our friends and fans in Melbourne,” said Herbert Appleroth, the CEO of Ferrari Australasia.
“The spectacular collection expertly curated by the team at Motorclassica beautifully illustrates the longstanding history and affinity Australia has with Ferrari.”
“We are excited to share this heritage with our Australian clients and fans and encourage everyone to join us for the celebrations,” he added.
Tickets for the Motorclasica, which will take place between October 13-15, are on sale now.


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Earth Day NWA kicks off the “40 Days and 40 Nights of Re:Birth 2.0” celebration with a bang on Thursday, April 5, with events all day long including the ECO-Trade Show, a mayoral proclamation, and a B-Earth Day Party. These are just a few of the 98 events that will last from April 5 to May 14 all around town.
“Fayetteville has the longest, consecutive Earth Day festival in the nation,” said Mikel Lolley, Chairman of Earth Day NWA. “Over the last three years, this event has really grown exponentially. We’re really excited about the 2012 line-up. We hope that people will come to these diverse events and have a good time while learning about and celebrating sustainable lifestyles.”
The ECO-TradeShow will take place from 2 p.m. to 6 p.m. at East Square Plaza and will feature local growers, local green builders such as Stitt Energy, local Green Building Products suppliers such as Natural Building Solutions, and T&T Green Insulation. Several nonprofits will be on hand such as the Walton Arts Center’s Artosphere, the Botanical Gardens of the Ozarks, and OMNI 350. Many other nonprofit vendors and local businesses will be on hand.
Car aficionados can check out some beautiful electric and hybrid plug-in automobiles such as the Chevy Volt, Nissan Leaf, and late 70’s Fiat X1-9 conversion, which will be on display at the event.
At 6 p.m., Mayor Lioneld Jordan will read a proclamation at the Town Center Plaza. Immediately afterwards, head over to the Matt Miller Studio behind Tiny Tim’s Pizza for the B-Earth Day Party, a Zero-Waste, ECO-PotLuck. It’s a B.Y.O.D.—bring your own dish—event, which lasts from 6 to 10pm.
We will serve cake and certified organic libations for beer and wine while people dance to hot Zydeco tunes of Snake Eyes and the Bug Band. There will also be a Trashion Fashion show and a silent ECO-ArtAuction, where patrons can bid on one-of-a-kind ECO-Eggs created by local artists.
“A major part of what we are trying to do with the ’40 Days and 40 Nights: Re-Birth 2.0 celebration is get people’s attention with events that are fun and experiential,” said Lolley. “In the end, this is about getting people to recognize the things that they already do that support a sustainable lifestyle and expand on that. The key to helping our environment is changing people’s habits. We hope this will do that for a lot of people.”


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It seems that the news about demise of i-mate was not entirely true after all. i-mate CEO Jim Morrison said yesterday that i-mate is still anything but dead and "everything about i-mate will continue".
He explained that the company at present is going through some rough patches mainly due to one of its senior official committing a major fraud within the organization ( and the case is now with the police ). He re-assured i-mate's commitment towards its customers, innovation and also promised that the company has a new line of product ready with it. Hopefully, it seems that its just a matter of time before things get back to normal.
- via arabianbusiness.com


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Tasca told the daily newspaper Le Figaro earlier this month that she favored taxing PCs and placing the proceeds in a general fund to compensate artists for copyright infringement propagated by computer users. Last week, France started imposing a similar tax on recordable CDs, DVDs and minidiscs, as well as MP3 players. PCs, Tasca argued, make it just as easy to steal copyrighted music, movies and other material. Sales of removable recording devices soared to 200 million units last year, up from 50 million in 1991. Most of the growth is in digital recording devices.
But it's one thing to presume a CD burner will be used to contravene copyright; it's another for France to impugn the PC, the engine of the technological revolution. In the face of such controversy, Tasca had no choice but to back down. "The government does not tax computers and has no intention of doing so," she said after the PC levy notion was first reported. But the outcry in France has revived a debate on whether a copyright tax on computers is enlightened or extreme. Most European countries already levy copyright fees on video and audio cassettes and are increasingly imposing them on digital recording media, including MP3 players and handheld devices.
European governments have implemented the approach widely, backed by the argument that artists would at least be compensated for some of the inevitable copyright infringement of their works - whether or not everyone who buys cassettes or recordable CDs uses them for illegal purposes. The European Union has also declined to take a formal stand, instead allowing its member states to decide whether to impose levies. Twelve of the 15 member countries impose them on recording media. Germany and Greece have imposed levies on PCs, but they are being contested and therefore are not enforced.
The manufacturers of recordable media such as blank CDs and DVDs naturally oppose the levies because they believe the taxes will hurt sales. Other critics feel the money ends up lining the pockets of copyright-protection associations, which often support publishers and producers, not the artists it's meant to compensate. The French levy system earmarks 25 percent of the total funds for producers and sets aside another 25 percent for young, emerging artists. But critics say the distribution of funds is hard to control. "The artists hardly touch the money," complains Dominik Fusin, publisher of anticopyright tax site Vachealait.com.
Fusin says he has amassed more than 30,000 signatures from people in France who oppose fees on any recording media. They may be able to stop the levies from being imposed on PCs, but it's doubtful they'll be able to roll back the ones already in place. Those levies certainly have flaws, but at least they allow governments to say they are fighting the thieves..." NULL


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From streamers to developers and media personalities, these are the gaming communities reaction to the inauguration of President Joe Biden.
A collection of reactions to the 2020 Presidential Elections from those in the video game industry.
Back in the day pirating media was so easy but now it’s no longer worth the effort.
From Hideo Kojima to John Romero, figures in the gaming industry are sharing their thoughts on the 2016 Election.
15 years after its release on the PlayStation 2 and the PC, the German government has removed Red Faction off its list of games considered to be “damaging” to the country’s youth (The Index).
The arrest of politician Leland Yee is a victory for many, including gamers.


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When it comes to cars, the next generation wants to know about connectivity and what applications are available. That’s according to Barry Napier, Cubic Telecom’s CEO.
He says the automotive industry is at the start of a very real change from hardware to software.
Cubic’s global connected software platform PACE is used by leading companies around the world including Audi, Volkswagen, CNH Industrial, Skoda, e.GO Mobile and Arrival.
Napier has been talking to Auto Futures in Munich, Germany.


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One of last year’s biggest tech investors in agrifood globally has warned of an eye-watering ¥2.6 trillion ($24.2 billion) annual loss on its startup bets.
SoftBank said in a note to shareholders that it made an estimated loss of ¥1.8 trillion ($16.8 billion) last year on its Vision Fund – the $100 billion-plus investment vehicle it set up with backing from the governments of Saudi Arabia and the UAE, as well as companies like Apple, Qualcomm, and Foxconn.
The Japanese tech giant said it made a further estimated loss of ¥800 billion ($7.45 billion) in FY2019 on its startup stakes held outside of the Vision Fund.
The announcement came just a few days after SoftBank founder and CEO Masayoshi Son admitted that he expected 15 companies in the Vision Fund portfolio to go bankrupt.
Softbank has made a number of bets in the agrifood space. These range from companies that have doorstep food delivery either as a sideline, or as one of their core businesses – such as Uber (Uber Eats), Grab (GrabFood), and Rappi – to deep-tech ag startups, like vertical farmer Plenty.
According to AgFunder’s Agri-FoodTech Investing Report 2019, SoftBank was one of the most active agrifood VC investors last year. For the first time, the Japanese tech giant appeared in the report’s top investors list. It ranked in joint-fifth place with Blume Ventures, Omnivore, and Data Collective by number of deals done, with all four participating in eight deals.
SoftBank was possibly 2019’s biggest agrifood investor in simple dollar terms. SoftBank Group and SoftBank Vision Fund co-led Rappi’s $1 billion Series E raise in April – the largest agrifood startup round globally last year – while the Vision Fund joined in a $220 million funding for Indian e-grocer Grofers alongside Sequoia Capital and Tiger Global. The Vision Fund also invested $940 million into Nuro, which develops driverless delivery and logistics vehicles for food retail and other industries, in January 2019.
While Covid-19 certainly seems to have made things worse for SoftBank investees – particularly those in the travel and transport segments – much of the staggering loss predicted by the Japanese firm can be ascribed to the already poor performance of companies across its portfolio.
Co-working space operator WeWork has been the most high-profile disappointment, with SoftBank writing down about 90% of its $10.3 billion total investment in the company. It’s now suing SoftBank after its flagship investor pulled out of a $3 billion rescue package deal.
Other problematic investments for the Japanese company included satellite startup OneWeb, which filed for bankruptcy last month; ‘no-label’ consumer goods maker Brandless, which halted operations in February; and dog-walking app Wag, to which SoftBank sold back its initial $300 million stake at a loss last December.
US financial publication Barron’s points the spotlight at other SoftBank investees – including a few in the agrifood vertical – that may have contributed significantly to the company’s massive losses for 2019.
These include US food delivery app DoorDash – which is reported to have made a $450 million loss last year and has filed for an IPO – and its South American counterpart Rappi, which retrenched around 6% of its staff in January.


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$3.4M in fake Gucci, Hermes, Nike items seized at LA airport, CBP says
Thousands of counterfeit luxury items such as fake Gucci belts, Hermes handbags and Fendi shorts were recently seized at Los Angeles International Airport (LAX), U.S. Customs and Border Protection announced Wednesday.
The 5,300 products, if genuine, would have been worth more than $3.4 million, authorities said.
LAX FLIGHTS GROUNDED, CANCELLED BECAUSE OF POWER OUTAGE
The goods were flown in from Hong Kong, CBP said in a news release. The items included "1,242 counterfeit Gucci belts, 678 pairs of counterfeit Nike shoes, 531 counterfeit Louis Vuitton handbags, 500 counterfeit Samsung adapters, 502 counterfeit Gucci fanny packs, 230 counterfeit Hermes handbags, 192 counterfeit Casio Shock watches, 144 counterfeit Ferragamo belts, 100 counterfeit Versace belts and 119 counterfeit Fendi shorts."
“The American public should be aware that buying a counterfeit product is a lose-lose proposition, because the money they paid often funds criminal enterprises," LAX's CBP Port Director Donald R. Kusser said.
“The American public should be aware that buying a counterfeit product is a lose-lose proposition, because the money they paid often funds criminal enterprises."
MAN TRESPASSES AT PHOENIX AIRPORT, ACTIVATES EMERGENCY SLIDE ON UNITED AIRLINES AIRCRAFT
"In addition, buyers get a substandard low-quality product, containing unknown chemicals and likely produced under inhumane conditions," he added.
The CBP said it has seized 33,810 shipments of items that violated intellectual property rights during fiscal year 2018, and their approximate value -- had they been real -- would have been $1.4 billion.
CBP SAYS AGENTS ARREST CONVICTED SEX OFFENDER, SEIZE 8.5 POUNDS OF HEROIN AT SAN DIEGO BORDER
The seized items with the highest MSRP, or Manufacturer's Suggested Retail Price, were jewelry and watches, with an estimated value of more than $618 million had the products been genuine, according to CBP data. Those items also represented 44 percent of total seizures. Fake wallets and handbags followed, with seizures constituting an estimated value of more than $226 million.
Accessories and apparel were seized the most often - 6,098 times constituting 18 percent of all seizures, CBP data showed.
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Consumers were advised to shop with caution and to report any suspected illegal activity or trade fraud by calling 1-800-BE-ALERT or by using the CBP's online reporting system.


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The new members are Acrodea, AMD, ETRI, Huawei, Purple Labs, and Trolltech. They join the six mobile industry members that launched the foundation a year ago: Motorola, NEC, NTT DoCoMo, Panasonic Mobile Communications, Samsung Electronics, and Vodafone.
With so many different Linux mobile versions under development, the LiMo Foundation members have banded together to deliver an open, hardware-independent, and globally consistent platform.
For instance, Purple Labs has developed a platform that enables Linux to operate on low-cost entry-level feature phones. The company's release stated that its "comprehensive Linux suite, from Linux service package and middleware to mobile applications, is the first commercial solution running a single-core chipset architecture."
Guido Arnone, director of terminals technology at Vodafone, hailed Purple Labs' effort, saying in a statement, "We believe Linux can become a relevant platform not just for smartphones but also for entry-level feature phones; thus the support of the Purple Labs team will add value to the LiMo Foundation."
The not-for-profit foundation has said that the first handsets developed through the auspices of its members are scheduled to begin appearing on markets during the first half of 2008. LiMo also has an additional hierarchy of members in its middleware and core units.
Eligible to join LiMo are all vendors and service providers in mobile communications, including device manufacturers, operators, chipset manufacturers, independent software vendors, integrators, and third-party developers. The foundation has said that all members have an opportunity to influence the evolution of the platform.


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Amazon isn't the only one dishing out discounts on Prime Day.
As consumers flocked to the e-commerce giant's website to take advantage of the 48-hour sales holiday, traders were making moves in the SPDR S&P Retail ETF, the XRT.
In fact, "put volume outpaced call volume by about 5 to 1" in the XRT on Monday, the first day of Amazon's buying promotion, said Mike Khouw, co-founder and chief strategist at Optimize Advisors and a resident options expert on CNBC's "Fast Money."
The reason? "Options on XRT right now are trading at, essentially, three-year lows," Khouw said Monday on CNBC's "Options Action," noting that their 17.4% implied volatility was approaching the three-year low of 16.5%. Implied volatility refers to the odds that a stock's price will change over time.
One of the largest bets was a purchase of 1,400 of the September $42 put options, which cost roughly $1 each, Khouw said.
"A buyer of those puts is betting that XRT is going to fall below the $42 strike price by at least the dollar that they paid," he said. "That would represent a decline of at least 5% by September expiration."
The XRT traded less than 1% higher in early trading Tuesday, hovering above the $43 level.
With Amazon pulling focus away from other retailers during its sales extravaganza, trader Carter Worth offered another way to play the rise of online retail.
"If anyone's got the muscle and the staying power to compete with Amazon, obviously, it has to go to Walmart in terms of top contender," he said.
Walmart and Amazon shares were lower Tuesday morning. Walmart began the day by reaching a 52-week high.


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Gaurav Gupta, who joined Zomato in 2015 was improved as Chief Operating Officer in 2018 and as a founder in 2019. He was the face of the corporation withinside the run-up to the IPO, leading discussions with buyers and the media. His exit comes days after Zomato exited its grocery shipping and Nutraceutical business.
In a big development, Gaurav Gupta, one of the pinnacle executives of food tech platform Zomato has determined to leave the corporation, sources informed Moneycontrol.
After shutting down its grocery shipping service, online meals shipping corporation Zomato have pulled the plug on every other commercial enterprise – Nutraceutical. Zomato had ventured into the nutraceutical commercial enterprise last year with the release of fitness and health products.
The corporation has determined to close it at a time whilst the government is making an attempt to get stricter about private label norms for market agencies withinside the country Moneycontrol mentioned this foray on November 10, 2020. While the corporation showed the development, it declined to share additional details.
Nutraceuticals are described as any meal-associated product which affords medical or health benefits. This could vary from meals to liquids or maybe drugs with a declare of prevention or treatment of persistent diseases. Following the onslaught of COVID-19, there was a sluggish upward thrust withinside the adoption of healthy meals among the common Indian.
Citing a big possibility in the section, Zomato had made a plunge in the section and named Gaurav Gupta, Chief Operating Officer as the top of this department for 5 years. “This commercial enterprise can probably be a huge cost motive force for Zomato in the future,” Gupta had stated last year.


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Ethane Web Technologies has introduced social media optimization (SMO) services.
New Delhi, India (PRWEB) October 15, 2014
Ethane Web Technologies has announced SMO services. The service would help companies get more exposure, enhanced visibility, and more web traffic that would result in multiplied business opportunities.
Ethane Web Technologies has designed the service after doing a serious study about the social media websites, such as Facebook, LinkedIn, Twitter, and internet marketing world.
Ethane Web Technologies modifies its social media optimization services as per the requirements of a project. The company identifies the requirements by analyzing the project comprehensively.
Ethane Web Technologies has employed a team of expert social media optimization professionals, ensuring the company should not fail to provide committed results to the clients.
On being asked a question about the service and its service cost, an SMO executive said, “Both are outstanding. Service cost as well as service quality is unbeatable. We charge a very reasonable amount in return of our quality service.”
About Ethane Web Technologies-
Ethane Web Technologies was established by Lalit Sharma, an enthusiastic young from a middle class Indian family, in 2008. Lalit Sharma established this company with a mission to provide unbeatable internet marketing services to the world at most reasonable prices. Today, his company is counted amongst one of the most reliable companies in the world.
Ethane Web Technologies provides a complete range of internet marketing services. Social media optimization, search engine optimization, online reputation management, web designing and web development are just name to a few. The company has designed all services after doing a comprehensive study about the market and service.
Ethane Web Technologies has an expert team of internet marketing professionals. The team professionals are very much sincere and dedicated. They do their level best to provide committed results to their clients as soon as possible.
To know more about Ethane Web Technologies’ SMO services, visit company’s official website http://www.ethanetechnologies.com or make a direct call at 1 (888) 523-2188.
For the original version on PRWeb visit: http://www.prweb.com/releases/ethane-web-technologies/announces-smo-services/prweb12250149.htm


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Procter & Gamble faces Fixodent zinc poisoning suit
A class action claims the company's denture adhesive causes serious health problems. But P&G questions the plaintiffs' research.
Tens of millions of Americans currently wear dentures, and that number is expected to rise as the nation's population ages. Now there's growing concern that one of the country's most popular denture adhesives may be causing neurological damage in some consumers.
A class-action lawsuit was filed in 2011 by a group of consumers against Procter & Gamble (PG), the makers of Fixodent, and last week a federal judge ruled P&G was entitled to see complete study results from a competitor, Sarfez Pharmaceuticals and Sarfez USA. According to that study, excessive use of Fixodent, which contains zinc, "blocks copper absorption and ultimately leads to neurological injury."
The plaintiffs in the lawsuit complained of numbness, lack of balance, dizziness and growing weakness in their limbs. They paid the Sarfez companies more than $300,000 to conduct the study in India. But during the litigation's discovery phase, Proctor & Gamble "claimed that the set of documents it received was a mess, missing pages of analysis and raw data," according to the Cincinnati Business Courier.
The apparent link between zinc in denture cream and so-called zinc poisoning came to light in a 2008 medical study. In 2011, GlaxoSmithKline (GSK) paid at least $120 million to resolve more than 100 lawsuits regarding zinc-related health risks connected to the company's Poligrip denture cream. Glaxo also agreed to remove zinc from its line of Poligrip denture adhesives.
Procter & Gamble has said it knows of no valid evidence that Fixodent, when used as directed, causes health problems.
"Our Fixodent formula has undergone extensive scientific testing, and we continuously monitor for its safe use," the company said in a 2011 statement it released to ABC News. "As with many of our products, we have updated the information we provide on our Fixodent packaging and our website over time to ensure consumers know how to use the product properly."
I have used Fixodent since I got full dentures and the age of 30 due to a couple of helicopter crashes in Vietnam. I am now 70 and I have felt not adverse effects from using this product.
It sounds like another money grabbing lawsuit to get to a company that is well insured and has plenty of money. There is nothing wrong with the product, but they have a lot of money and the entitled people think that they deserve it and the lawyers will make a ton of money off of it.
Will all of you people please go away !!!!!
Conduct the study in India!!!! Where you can bribe anyone to cook up the result you want to show.
Stick (ha! ha!) to your guns P&G.
Dirt bag lawyers will find a way to get this case protracted out so that an out of court settlement makes economic sense to the company. All class action lawsuits provide millions for lawyers with pocket change left over typically distributed to class action participants.
Liability law has been relegated to legalized theft against large companies which always gets baked into prices of the goods and services which in turn every American pays.
This country needs to rally around legal system reform. Two very simple changes could radically alter the state of lawsuits in this country:
1) Ban contingency legal fee payments to lawyers
2) Allow defendants being sued to recover all legal expenses from plaintiff to defend any suit where defendant is found not guilty/not responsible
I have been using Poligrip extra hold since 1988,
When they were forced by lawsuits to make zinc free formula it lost a lot of its grip.
It p*ssed me off, and now I have to take vitamins to get the zinc advised for age related eye disease.
still waiting for MSN to write that article explaining how democrats in the senate screwed over college students by raisinginterest rates.
will msn have balls? i dont think so. pork prices, twinky storage, and lapdance taxes are more important it seams.
typical deflection ofthe liberal media
Copyright © 2014 Microsoft. All rights reserved.
[BRIEFING.COM] The major indices are sporting modest gains as the morning session continues. All in all, there hasn't been any sense of urgency in today's trading. That could be owed to the realization that there are some key events at the back end of the week (i.e., central bank meetings and August employment report) and/or the need for participants to re-acclimate to things after being out on vacation.
The influential sources of sector support in the early going include the ... More
More Market News
These hot movers could rise by double digits in coming months.
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The Euphoria actress is the star of Frankies Bikinis’ latest collection, Love Letters by Sydney Sweeney
Sydney Sweeney is revealing her “sexiest” partnership yet — a new swimwear collection!
The actress, 25, shared a series of images from her new swimsuit collaboration on Instagram this week, revealing that she is the face of Frankies Bikinis’ latest collection.
According to the brand, the new looks are inspired by Sweeney herself, who was nominated for two Emmys last year for her roles in White Lotus and Euphoria.
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“Introducing Sydney Sweeney x Frankies Bikinis, our sexiest collection yet. Love Letters by Sydney Sweeney is inspired by the girl who follows her heart, with pieces that highlight Sydney’s gorgeous femininity and sweet romantic aura,” the brand wrote alongside the launch of the new pieces on its website.
“This collection introduces bombshell bikini tops made to tease, one pieces made to flatter, clothing designed to inspire confidence, and personal details from Sydney herself,” the brand added.
In photos highlighting the collection, Sweeney poses alongside Frankies Bikinis founder Francesca Aiello in different styles of cherry-themed swimwear in the back of a car.
“Your little 🍒 bomb,” Sweeney captioned the sexy photos.
Related:Sydney Sweeney Was ‘Not’ into Makeup Before Euphoria: ‘I Could Barely Figure Out Eyeliner’
On her own page, Aiello shared some of the same shots, as well as others of herself modeling pieces from her line.
Alongside the cherry-themed pieces, the collection also features floral and butterfly-centered swimwear as well.


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Data Domain's board of directors has recommended that stockholders reject EMC's offer to buy out the company's shares, voting in favour of a merger with NetApp instead.
"We are very pleased with Data Domain's recommendation that stockholders continue to support NetApp's merger proposal over EMC's unsolicited offer," says Dan Warmenhoven, chairman and CEO of NetApp. "This announcement reaffirms our belief that the NetApp proposal provides attractive short- and long-term value to Data Domain stockholders with no significant antitrust concerns and a clearer and more timely path to close.
"We look forward to proceeding with our proposal, bringing the offer to a stockholder vote, and beginning to execute on the promise of this compelling combination.
"Importantly, we believe a combination of NetApp and Data Domain brings significant benefits to customers and employees," Warmenhoven adds. "In our merger, we believe customers will benefit from a lower risk of business disruption, continued competition, an enhanced products and services offering, and the ability of the NetApp sales and marketing organisation to bring Data Domain's products to more enterprises in the US and to more customers in Europe and Asia.
"Furthermore, we believe employees will benefit from cultural compatibility and the ability to accelerate productivity and innovation given the existence of complementary products and a larger base of resources."


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A glitch at an Amazon data centre caused users of Instagram, Netflix, Vine and Airbnb to suffer intermittent service levels yesterday.
Amazon's cloud network was affected for around an hour by what the company called a "partial failure of a networking device", which began at 1pm Pacific Time, and soon led to what Amazon Web Services' [AWS] status page called "degraded experience" for its service user base.
The problem was traced back to a data centre in Virginia, with the glitch apparently affecting databases, and making them unable to launch server queries.
While the problems at Amazon lasted only an hour, services at Amazon's cloud customers are said to have been affected for several hours afterwards.
It is the second time within a week that Amazon has experienced such problems, with AWS glitching and causing the company's own US shopping site to go down on 19 August for around half an hour.
Meanwhile, Google experienced five minutes of downtime on 16 August that caused web activity to drop by 40 per cent for the duration of the outage.
It has been estimated that the outage could have cost AWS customers as much as $1,100 in sales per second, while Google's five-minute downtime has been estimated to have cost more than $545,000 per second.


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King has updated the popular puzzle games Candy Crush Jelly Saga and Candy Crush Soda Saga for Windows 10 on PC and Mobile. Both games include new levels with their updates.
Here's what's new in Candy Crush Jelly Saga with the 184.108.40.206 update:
The new Candy Crush Soda Saga update includes some new levels as well as it reaches a major milestone:
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Nandi County Government has entered into Memorandum of Understanding (MOU) with tea processing factories to jointly oversee and manage collection of cess and maintenance of roads in tea growing regions within the county.
Nandi Governor Stephen Sang said the collaboration is aimed at ensuring that all feeder roads in the tea growing areas are well maintained and easily accessible throughout the year.
Speaking in his office after meeting with officials from various tea factories, Sang said the county plans to work with tea industry stakeholders to minimize post-harvest losses and enable farmers to transport their produce to different factories and tea buying centers on time while ensuring high quality green leaf.
“The roads if well maintained will enable farmers produce reach the market at less costs and farmers will be able to communicate effectively with agricultural officers on how to improve production and distribution,” he said.
Among the tea factories that signed the MOU include KTDA Chebut factory KTDA Kaptumo factory, Kaimosi Tea Estate, Emrok tea factory, Sangalo, Nandi and Mbogo tea factories, Kipchabo, Kapchorua and Siret tea factories among others.
Tea farmers welcomed the idea saying improving access roads connecting to the factories and tea buying centers would enable them to deliver their produce faster hence save time and get better returns.
They noted that roads connecting to tea growing zones have for a long time been neglected thus inaccessible especially during the rainy season.
“Tea farmers have been incurring huge losses occasioned by poor road networks during heavy downpours. The trucks that pick tea leaves from buying centers often get stuck in mud,” said Joshua Kibet a farmer from Kilibwoni ward.
By Linet Wafula