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We already know LG is scaling back its smartphone efforts, but that doesn’t mean the company will be out of the game completely.
According to a report from ETNews, LG is planning to introduce the V30s, a device that shares similar DNA with the V30 but features one key difference: an AI-powered camera similar to Google Lens. Some of the camera’s key features will include the ability to identify products, scan QR codes, and translate text.
The report goes on to say the V30s will look virtually identical to the V30, though there will be some internal changes. The device is expected to ship with 256GB of onboard storage, doubling the amount found in the V30. It would seem with more advanced AI, LG thinks users will snap more pictures, thus necessitating the higher capacity.
As for other improvements, ETNews’ report is light on details. It’s unclear, for example, if the V30s will feature Qualcomm’s newest Snapdragon 845 processor, or whether it will come with more RAM. Additionally, it’s unclear if the AI-powered camera will come with a higher price.
LG’s new AI features will have to be mighty impressive to do battle with the likes of Google Lens and Samsung’s Bixby. We’ll learn more details when the V30s is announced at Mobile World Congress later this month.


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Ace Exhibits, a resource for portable tradeshow displays in the U.S. and Canada, announced 3Day: Order to Show Floor, a new three-day printing and shipping tradeshow beta service that will be tested during the month of September.
The company offers 24-hour print production and will now offer two-day shipping anywhere in the contiguous 48 states for the price of ground shipping, without additional rush charges.
“This new service offering is beneficial for customers who require a high-quality product delivered quickly,” said Tom Hand, CEO of Ace Exhibits. “3Day: Order to Show Floor, the first-to-industry three-day printing and shipping service, is part of our brand promise to continue to deploy efficient processes and high-grade products at the lowest possible price.”
Development of 3Day: Order to Show Floor began six months prior to the beta launch. The idea was conceived out of customers’ requests and needs to have tradeshow displays and accessories delivered faster. The three-day printing and shipping service will be extended indefinitely beyond September pending a successful beta launch that shows there is a demand for the service.
All available Ace Exhibit products can now be shipped using 3Day: Order to Show Floor during the month of September. Products include literature racks, table top displays, tension fabric structures, hanging signs and 8 feet to 20 feet full-size displays, including straight, curved, gullwing and serpentine shapes. Tension fabric, pop-up, hybrid displays and banner stands are all printed in-house for a quick turnaround with clarity and brilliance.
To learn more about Ace Exhibits’ 3Day: Order to Show Floor, displays or additional tradeshow accessories, visit www.aceexhibits.com.

domain: news


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Geeklist announced earlier this week that their social network for developers is finally open to the public (go ahead, sign up now!). The social network’s private beta was launched in September 2011, hoping to encourage developers to post their project accomplishments as well as others’. Now with over 40,000 developers and over 200+ companies working with them, Geeklist’s business model, which we broke down earlier this year, is looking to be coming to fruition.
— Stefan (@stefanhoth) June 19, 2012
The company has been fairly active in France – the company brought on Audrey Stewart as country manager of France after she returned form the Silicon Valley, where she had been working at the RocketSpace accelerator (which at the time, was home to Geeklist). Having grown beyond its California roots, the company now has a strong presence in France – the company’s ambassadors (volunteer evangelists) recently won the Transilien Hackathon, a competition which carried a €6,000 prize along with help from SNCF.
Geeklist regularly posts “celebrity cards,” as it seems more and more developers are using Geeklist as a way to share their accomplishments. Looking on the Geeklist tumblr page, cards like “I created Wikipedia” and “I helped start iPhone” are commospace. I myself created an account earlier this year – my “I got Rude all over a Baguette… I mean, I co-founded the RUde Baguette” got 11 ^5s (shorthand on twitter for “high fives”).


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Wave introduces the world's first global virtual concert platform
What you need to know
- Wave, formally known as TheWaveVR, today announced the world's first multi-channel virtual entertainment platform for live concerts.
- The new platform makes it possible for artists to connect with fans in online games, social networks, live streaming channels or entertainment networks.
- These virtual concerts will be made available via YouTube, Twitch, Facebook, and other popular digital and gaming channels.
Entertainment technology company Wave, which was known as TheWaveVR previously, has introduced what it is describing as "the world's first multi-channel virtual entertainment platform for live concerts." Wave says the platform uses proprietary live broadcast technology that allows artists to perform live for their fans around the world, across different digital channels.
Adam Arrigo, co-founder and CEO of Wave, said in a statement:
Wave's "cutting-edge" broadcast technology transforms artists into digital avatars in real-time and then casts them onto a virtual stage. These digital avatars are said to offer customized interactions that suit the artist's style. Wave will be distributing these virtual concerts via leading digital channels such as YouTube, Twitch, Facebook, and more.
One of the biggest highlights of Wave's platform is that it integrates chat into the experience, which means fans get to appear as an avatar in the audience and can directly impact the artistry within the live performance. Fans can virtually attend the concerts using the company's VR and PC desktop apps, which are supported on Steam for HTC Vive, Oculus Rift, Valve Index, Windows Mixed Reality, and other devices.
The free-to-play concerts also make it possible for artists to reach a global and much larger audience than live events. They can also monetize these concerts through sale of physical as well as virtual merchandise, bit cheering/tipping, and sponsorship.
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Sector in Singapore Fared in Modern Months?
Looking again in 2012, there was a downward development with regards to quantity from your third quarter of 2012 onwards in Singapore Marina One Singapore. Throughout the year 2013, there was a famous ongoing decline with the transaction volumes. A single cause of this was the worth that went up immediately after 9 months that the transaction quantity improved. Since the falling transaction volumes became rather evident, the worth then declined as being a response for the continuous lowering craze. There’s been a one.3% approximated decrease from the resale price ranges as of the past quarter of 2013. Yet another issue mentioned to have an effect on the drop of transactions would be the transform on the Singaporean buyers’ habits. They’d been adopting a far more cautious approach with regard to the sector.
The HDB resale industry
The developers were commencing to cut the costs on the resale households and condos when prospective buyers want to buy new houses. For non-landed non-public homes, the resale costs fell one.2% particularly in the course of the months of September and Oct. This adopted the revision of 0.9% slide in August and September. The downward craze of resale rates mirrored the shifting actions of the customers about charges and impacted much the central region.
Some aspiring builders of new households introduced their new assignments at a rather much less expensive price tag, these given that the Sky Vue by the Capitaland or the Sky Habitat. This made purchasers recalculate resale price ranges to a minimum of 20% less costly in the new household charges. The industry is predicted to be more weak within the coming months as the builders had been introducing new houses at a less costly cost in an try to maneuver units.
A tough year for that Singapore housing sector
Soon after having fun with a long period of time of highs, the Singapore suburban mass market household rates expert a 0.7% drop in December 2013. Some speculators treat this like a warning in relation to the current market price tag craze in the future few years. Newly launched attributes are coming to the market with a great deal cheaper price tags the resale sector may discover the need to decreased their rates likewise so as to attract buyers. The biggest decline came with the suburban segment. The recently launched houses and also the freshly applied financial loan restrictions considerably affected the alternatives plus the capability of your marketplace.


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More than half of the UK’s fruit and vegetable Producer Organisations are at risk of losing their EU payments, following a review of the scheme.
For several years the Rural Payments Agency has been fined by the EU for administration problems surrounding the Fruit & Vegetable Aid Scheme, leading to a review of Producer Organisations and their eligibility criteria.
The NFU, RPA and DEFRA produced fresh guidance in 2010, which they hoped would provide a common interpretation of the scheme rules, and the RPA set out to identify any organisations which did not comply with the scheme.
During the review, which should have been concluded by 15 June, all payments to POs were suspended, leaving many without the means to invest in their businesses. However, an even greater shock was that this week the RPA reportedly found that more than half of the POs did not comply with the rules, and may be stripped of their payments.
“POs are clearly appalled at the decision and are anxious to understand why they are left in limbo,” said Hayley Campbell-Gibbons, chief horticulture adviser at the NFU. “Many have put a lot of work into the review and are shocked at the outcome.
“At this stage it’s not clear why so many POs appear to have been suspended. As organisations receive their letters, which will offer more detail on exactly where the PO has fallen down, the NFU will be in a better position to start identifying the common themes and offering any information or guidance that it can.”
A spokeswoman said the RPA would be speaking to POs individually to discuss the way forward. “Payments to compliant POs will be made, subject to the usual checks.”
In total, £28m was ring-fenced for POs to invest in shared facilities like pack houses, cold stores and polytunnels, to improve growers’ efficiencies, said Mrs Campbell-Gibbons. “The worst case scenario is that the POs ultimately fail to be approved, which will have massive consequences for their suppliers, because some of the payments are in the millions of pounds. It will be a big blow for the UK horticulture sector.”


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Oppo announced its sub-brand Realme in May last year. Within a span of few months, Realme smartphones garnered a lot of attention from the Indian audience. Now, the company is going to launch its next smartphone called the Realme 3. The CEO of Realme, Madhav Sheth, has been teasing the smartphone on his Twitter profile. In his first tweet, Madhav Sheth revealed a picture giving us a hint as to how the upcoming Realme smartphone will look like.
From the picture, it became pretty obvious that the smartphone will feature a diamond cut design on its rear panel. The rear panel is made with fibreglass. If you recall, even the first smartphone by the company – Realme 1 featured a similar diamond cut design on the rear panel. Additionally, the image also revealed that the smartphone will feature a dual rear camera setup and a rear fingerprint sensor. Fingerprint sensor mobile phones have become a trending feature in mid-range and budget mobile phones as well.
Furthermore, the Realme India CEO also posted an image on his Twitter account comparing the MediaTek chipset with the Qualcomm Snapdragon 660 processor. From his tweet it was believed that the Realme 3 smartphone will be offered in two different chipsets. However, that isn’t the case. Realme has now confirmed that its smartphone will be powered by the Helio P70 chipset in the Indian markets. On the other hand, the smartphone will be powered by the Helio P60 chipset in the global markets.
Realme 3: Confirmed Launch Date
Earlier there were rumours that the new Realme smartphone will make its appearance sometime during the first quarter of 2019. However, the launch date of the smartphone has now been confirmed. The Realme 3 smartphone will launch in India on March 4, 2019, at 12:30 PM. Lastly, there are also rumours revolving a Realme smartphone with a 48MP camera. At this point, it has not been confirmed which smartphone will support this camera setup. However, we can believe that the upcoming Realme 3 will support a 48MP camera in its rear camera setup.


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Trade tensions in the Asia-Pacific region dampened growth for business last year, but the CPA Australia Small Business Survey has found that not everyone is gloomy about their prospects.
The trade tensions between the US and China trade is already affecting businesses in the Asia-Pacific region, according to the CPA Australia Asia-Pacific Small Business Survey 2018.
The survey, in its 10th year, found 2 per cent fewer Asia-Pacific businesses said they grew last year compared to 2017, which can be attributed to trade tensions across the region, says Gavan Ord, CPA Australia’s manager – business and investment policy.
More than half (52 per cent) of Hong Kong firms expect a negative impact from any global trade war on their business. Small businesses in Taiwan and Vietnam are also more worried about negative impacts on their business from trade tensions compared to their peers in mainland China.
Interestingly, more firms located in the southern Chinese city of Shenzhen expect positive impacts from any trade war compared to those that are worried about market declines. This could be because these small businesses expect higher tariffs on US imports to make their products more competitive within China, says Ord.
Small business growth in Asia-Pacific
Businesses from Vietnam, Indonesia, the Philippines and mainland China reported the highest growth in 2018. Singaporean and Malaysian businesses also experienced buoyant conditions last year.
In contrast, there was a relatively large drop in the number of Australian and Hong Kong small businesses reporting growth between 2017 and 2018.
The trend is set to continue in 2019, with small businesses in the Philippines, Vietnam and Indonesia most confident about their growth prospects, while those in Australia and Hong Kong are the least confident. Malaysian businesses also have expressed confidence in their growth prospects this year.
Tech on top
The survey results showed businesses that are experiencing sustainable growth are more likely to have a strong focus on technology and a commitment to improving customer satisfaction. They also tend to be innovative when it comes to products, processes and services and seek to enter new markets.
The research showed 75.2 per cent of respondents who grew strongly in 2018 reported that during the year they had invested in technology and it was already profitable.
Among this group, 67 per cent earned 11 per cent or more of their revenue from online sales, while 66.5 per cent received 11 per cent or more of their sales through new payment technologies such as Alipay.
Shift away from online sales
A new finding in the 2018 survey was a small shift away from online sales, with the number of businesses not selling online increasing four per cent compared with 2017. Ord believes that this could be attributed to falling community confidence in the way some tech companies are handling personal data and a greater focus by small business on customer loyalty.
Businesses that have built stronger relationships with customers may be reverting to more traditional means of selling in a more challenging period, he suggests.
Asian businesses are more likely to use technologies such as online sales, new payment technologies and social media than their counterparts in Australia and New Zealand. This is because Asian businesses believe their tech investments will produce a return sooner.
Small business and social media
Across Asia, 24.7 per cent of respondents intend to innovate through new products, processes or services in 2019. For Australia this figure is 6.7 per cent, while for New Zealand it’s 7.7 per cent.
Moreover, 45 per cent of Asian businesses use social media to sell products or services, versus just 16.6 per cent of businesses in Australia and 25.8 per cent in New Zealand.
Additionally, people working in Asian small firms tend to be younger than those located in Australia and New Zealand. The research shows younger survey respondents are more likely to use technology than older people.
According to this year’s survey, mainland Chinese small businesses are leading when it comes to e-commerce, and the use of new payment technologies such as Alipay, Apple Pay and WeChat Pay. As the report notes, “It would be difficult to find a business from mainland China that is not selling online or offering digital payment options.”
However, Ord says it is concerning that fewer businesses believe they will be hit by a cyberattack in 2019, compared to 2018, with businesses located in Australia and New Zealand the least concerned. In light of this finding, he says there’s comfort that nearly half of the businesses surveyed have reviewed their cybersecurity systems in the past six months, with companies in Vietnam and mainland China leading the pack.
How small business can grow
Commenting on steps small businesses can take to support their growth in this environment, Ord stresses the importance of developing an understanding of digital technologies so owners and managers can make the most of social media, e-commerce and new payment technologies.
“Seek advice on which technologies are best suited for your business and invest in them,” he recommends.
“Use data so you can learn more about your customers to improve customer satisfaction. It’s also an idea to look for government incentives that support innovation.”
Given their physical proximity to the region, Ord also suggests Hong Kong firms that wish to drive growth should explore opportunities in the Greater Bay Area, as well as with firms located in other Belt and Road Initiative economies and fast-growing parts of Asia.
It’s also important to remember business basics, he says. “Don’t forget to invest in improving the strategic and management skills of your business and review costs and risks on an ongoing basis.”
In total, 3607 small businesses completed the online survey, conducted between 16 November and 11 December 2018.
Survey participants, by country:
- 505 from Australia
- 764 from mainland China
- 279 from Hong Kong
- 305 from Indonesia
- 304 from Malaysia
- 310 from New Zealand
- 225 from the Philippines
- 303 from Singapore
- 303 from Taiwan
- 309 from Vietnam
What you need to know about subscription business models


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How and where we view movies these days is ever-changing as the latest technology offers more ways to watch than ever before. A recent SheSpeaks poll found that almost 70 percent of members are still using the traditional TV to view DVDs and Blu-rays.
A growing number of us however are now watching movies and shows on the internet through our TV’s or computers. More than 26 percent of us say we watch movies on the internet through our TVs and almost 28 percent of us connect to movies on the internet with our laptops or desktop computers.
The number of people using the internet for their media entertainment may grow even larger in the coming months as Netflix, the most popular web streaming service currently available, recently announced it would be raising prices on their DVD by mail plus online streaming package by a whopping 60 percent.
The price for getting 1 DVD by mail at a time plus unlimited online streaming will go from $10 a month to $16. This dramatic increase may be too much for customers to swallow and cause some to downgrade their packages to web streaming only which will remain the same price at $8 a month.
Research director for IHS Screen Digest, Arash Amel, told the New York Times that Netflix’s latest price increase goes along with their intention to make streaming movies the focus of their business and calls it “the latest step in a long-term transition toward becoming a next-generation premium television business.”
Where do you view movies these days?
Does Netflix’s recent price increase change the way you will receive their services?


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Six in 10 (61%) parents admit they’re simply not very good cooks, according to new research.
A poll of 2,000 parents with school-age kids found that the school year is stressful as ever for parents, from having the time to make proper meals for their kids (54%), to making sure their kids are doing their homework (51%) and getting enough sleep (51%).
With their time being spread so thin, it’s no surprise that parents often get frustrated by the time it takes to prepare ingredients (54%) and cook their kids’ meals (44%).
Additionally, three in five parents said the burden of cooking in their household usually falls to one parent (62%) – and it’s usually themselves (62%).
And 62% said they would give up some of their favorite things for a week if they could get dinner on the table in under 10 minutes such as their favorite music (62%), TV show or movie (55%) or most-loved outfit (45%).
Commissioned by Eckrich and conducted by OnePoll, the survey also found that parents said figuring out what meals to make for their kids is a bigger daily stressor for parents during the school year than making sure their kids have good hygiene (45% vs. 25%)!
While 23% rely on school lunches for their child, a third of parents pack a lunchbox for their children every day.
Most parents wish they could make quick and easy versions of fun, balanced meals for their kids (77%).
“Our results found that parents said lunch is the most stressful meal to prepare (36%), with 52% agreeing it’s especially difficult to feed their kids enough protein, said Bethany Gurecki, Senior Brand Manager for Eckrich at Smithfield Foods. “Choosing versatile ingredients that can be used in different recipes throughout the week can help simplify meal prep for busy parents.”
While 56% define an “easy” meal as anything that’s fast to cook, another 50% said an “easy” meal has instructions right on the packaging (50%).
Forty percent said “easy” meals are pre-made, and the same percentage define the term as something their kids can eat with their hands.
However, most parents struggle with finding “easy” meals that are also balanced (63%).
Seven in 10 busy parents of kids who have ever-changing palettes said that makes it even more challenging for them to find a favorite go-to meal for their young ones (71%).
The challenge may be especially tough for the 46% of parents who said their kids’ food phases last as long as one week (46%).
This may be why more than half of parents “always” or “often” resort to giving their kids whatever snack is within arms’ reach when they get frustrated about meal prep (55%).
“There are quick, easy meal options suitable for kids with different preferences that help get kids the nutrition they need while not taking too much out of parents’ days,” Bethany Gurecki, Senior Brand Manager for Eckrich at Smithfield Foods added. “Keeping up with kids’ changing preferences can be as simple as making small tweaks to their all-time favorites, such as by swapping a sandwich for a flatbread or taco with the same contents or creating bite-size versions of favorite dinner dishes for snack time.”
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The government’s target of having one million businesses by 2020 is not easy to attain but it is something for Vietnam to strive for.
Nguyen Trong Thien, Deputy President of the Small and Medium-Sized Enterprise Association of Hanoi, said startup entrepreneurs often meet difficulties in the initial periods of starting a company due to the gap between academic knowledge and practical application.
In addition, they still lack practical experience in business management, marketing, communications, and production.
Thien said building a successful startup requires state support with capital and administrative procedures.
“The State should further step up administrative reforms because there remain many obstacles for the current licensing. It’s also necessary to facilitate better conditions so that startups can access capital.
We should provide support with capital once an individual or a household business has a feasible project. They should be guaranteed for borrowing capital, which is a prerequisite for startups. Without money, they will not purchase equipment, technology, or workshops, and can’t hire workers.
A startup company should be facilitated in getting access to capital, particularly preferential capital resources. In that way, they can also call for foreign investment,” Thien said.
Most startup businesses usually have to struggle with financial resources, the personnel’s shortage of professional skills, and weak adaptation to integration. Thus they can get easily confused with administrative procedures and legal issues.
Do Hoai Nam, co-founder of the Co-Working Space, an information supplier for startup companies, said “Startup business often faces numerous difficulties, mainly with office expenses and non-human costs accounting for up to half of the company’s spending. This factor makes Vietnamese startups less competitive. Besides, they have few opportunities to exchange knowledge with major economic groups.”
Pham Thi Thu Hang, Secretary General of the Vietnam Chamber of Commerce and Industry, said recently the government has made great efforts to create a more favorable business environment and promulgate policies to support individuals in starting up businesses and growing them after the startup period, with a focus on developing the scale of production.
Hang said the Vietnamese government has a policy of helping entrepreneurs both when they begin startups and after that, and of paying attention to the links among startups and between startups and investors, allowing them to grow as much as possible.
Hang added that “We have a plan placing top priority on working with business associations and provincial people’s committees to design programs to support enterprises in each locality and then across the country.
Second, we’ll improve the capacity for business associations and conduct research on business costs, compare them with those in other countries around the world, and propose the next steps the government should take to continue supporting startups.”
Vietnam has a generation of startup businesses full of zing and high determination to realize their passion. But to be successful, on top of business knowledge, understanding of market and business management models, and personal will, startups need a professional and healthy startup environment.


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Alright, alright! So, it turned out all those conspiracy theories about Apple slowing down old iPhones had some type of truth to them. Apparently, Apple put in a mechanism in iOS which would limit hardware performance if the phone’s battery had deteriorated and was no longer capable of providing reliable power for the phone to function right. Apple’s train of thought was this — better have a slow phone that works instead of one that restarts randomly due to the battery failing.
The last day of 2017 brought a nice gift for Xiaomi customers using a Mi A1 smartphone, as the handset maker started pushing out the promised Android 8.0 Oreo update. Unfortunately, the update seems to have been rushed to meet the deadline announced by Xiaomi a while ago.
Now, Xiaomi announced that due to the many issues experienced by Mi A1 owners who updated to Android 8.0 Oreo, they are putting the roll-out on hold until they fix these bugs.
It appears that Xiaomi Mi A1 users reported many problems after the update, including issues with the camera, dialer …
For a while now, there have been reports that iOS automatically throttles system performance when the iPhone’s battery deteriorates below a certain threshold. Said theories have been all but confirmed now that the developers of benchmarking app Geekbench have stepped in to show tons of results that support them.
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This is to be expected, of course — once over a million Scoville units are in your mouth, it can be difficult to concentrate on anything else. Still, there are a few singers who just chug on through the pepper pain like it’s nothing. We assume these musicians either eat ghost peppers for breakfast or are robots. Read more…
Most Saturday Night Live musical guests perform a single song per segment. On Saturday, Eminem performed three.
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Whitechapel Market targeted in trading standards swoop
PUBLISHED: 16:53 06 August 2013 | UPDATED: 16:53 06 August 2013
Stolen phones and counterfeit goods were seized by police during a swoop on Whitechapel Market.
Hundreds of “unsafe and fake” mobile phone chargers and accessories were among the haul taken by police and trading standards officers.
The swoop was part of the Metropolitan Police Operation Big Wing, clamping down on theft.
Deputy Mayor of Tower Hamlets Cllr Ohid Ahmed said: “We all like a bargain but fake goods are both illegal and dangerous.”
After the items were seized, on July 25, they were sent for safety tests.
Tower Hamlets Mayor Lutfur Rahman added that the borough’s street markets are “justly famous”, but emphasised the importance of protecting consumers.
If you value what this story gives you, please consider supporting the East London Advertiser. Click the link in the orange box below for details.


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In what is the record price so far, a kilogram (Kg) of cordyceps fetched Nu 2.8 million (M) in an open auction in Sephu, Wangdue on July 14.
A three-day auction in Sephu gewog that ended on July 16 saw 186 collectors and 30 bidders.
The highest price at the two-day auction in Dangchu gewog held on July 12 and 13 was Nu 1.92M. The auction in Kazhi gewog saw the highest price of Nu 1.1M.
The lowest price for a kg of cordyceps was Nu 0.29M.
From a total of more than 562kg of cordyceps brought at the auction, about 409kg of cordyceps were sold through the auction by collectors of three gewogs. More than 150kg of cordyceps was withdrawn after they could not get their expected price.
The collectors from Sephu gewog sold 293kg, followed by Dangchu gewog at 110kg. While Kazhi gewog residents sold 6kg of cordyceps.
From the auction, the government also collected a royalty amounting to Nu 4.72M.
Sephu Gup, Dawa Tshering said that the harvest was good this year because it was the bumper harvest year. He added that after four years, the harvest may not be as good as today.
However, with a bumper crop in Lunana this year, the record price, many expect will be broken.
“The price and the fungi’s quality are at their best unlike the past year,” Dawa Tshering said. “The gewog saw the highest bidding ever in the country.”
Kazhi Gup, Kinley Wangdi said the cordyceps is the main source of income for Baedrong chiwog under the gewog. He added that this time it was not a good harvest. “However, the cordyceps quality from Lunana was the best.”
He expects the harvest season to be good next year.
Kinley Wangdi also said that most of the collectors trade with the local traders at the collection site if the price is good enough and retain less amount for the auction.
Last year, a kg of cordyceps fetched the highest price at Nu 1.23M and the lowest at Nu 0.11M during the auction in Bumthang.
According to the Department of Agricultural Marketing and Cooperatives’ (DAMC) annual report, because of Covid-19 risks and restrictions, DAMC facilitated direct buying and selling where the contact details of 54 interested cordyceps buyers were shared with the collectors directly to make business transactions.
However, after some cordyceps collectors of Bumthang dzongkhag complained about the poor prices the cordyceps fetched, the DAMC facilitated an auction in Bumthang in September last year. There were 18 bidders and 135 cordyceps collectors in the auction. From a total of 25.97 kg of cordyceps declared at the auction site, over 17 kg (over 65 percent) of cordyceps were sold through auction by 67 collectors.
While close to nine kilograms (over 34 percent) of cordyceps were withdrawn by 67 collectors. Overall, the revenue generated through sales of cordyceps by the collectors was Nu 6.77M while Nu 0.22M was collected as royalty to the government.
The cordyceps auctions in Bumthang, Gasa, Lhuentse and Trashiyangtse, Paro, and Thimphu dzongkhags are scheduled in coming weeks.
Additional reporting: Chhimi Dema


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AFTER exerting in the Penang Starwalk 2010, lucky participants stand to be rewarded with flight tickets and exclusive premiums courtesy of Firefly.
The community airline is sponsoring return tickets from Penang to Kota Baru, Kuantan and Kuala Terengganu, as well as 30 Firefly jerseys worth a total of RM3,000.
Firefly Penang head of sales Audrey Yu said the Penang–Kota Baru and Penang-Kuantan routes would begin Feb 1, 2011, while Penang–Kuala Terengganu routes would start March 1, 2011.
“We have had countless requests from customers for direct flights from Penang to these destinations. So we decided to reinstate these routes to cater to the popular demand,” she said after handing over the goodies to The Star’s accounts executive Leong Shir Mein.
Its Marketing and Communications head Angelina Fernandez added that they were delighted to once again be part of the Starwalk, and were proud to give away the tickets to both promote and celebrate the reinstatement of these routes.
“We are confident that the reinstatement and additional frequencies on our Penang-bound flights will provide increased opportunities to market the well established, international standard resorts and eco-tourism attractions that these states have to offer.”
The airline also announced two new routes, Kuala Lumpur– Kuching and Kuala Lumpur–Kota Kinabalu, departing from the Kuala Lumpur International Airport (KLIA), beginning January on its brand new Boeing 737-800s.
They are also running a “$0” Fare Promotion, for travel between Mar 27 and Oct 29, 2011. All-in, one way tickets start from RM35 during the booking period from Dec 1 to Dec 12, 2010.


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Travis Barker once again proves that he is deeply in love with Kourtney Kardashian with this spectacular Valentine’s gift.
Kourtney Kardashian and Travis Barker are one of the most romantic and daring couples on social media. On countless occasions the reality TV star and the Blink-182 drummer have proven that they are too much in love.
And now, a few hours before February 14 “Valentine’s Day” arrives, the musician decided to surprise the older sister of the Kardashian-Jenners. Since Kourt shared the romantic and spectacular gift that her fiancé gave her.
In her Instagram stories, Kourtney Kardashian showed off the luxurious detail that Barker gave her: a huge arrangement of red roses adorned with a giant Mickey and Minnie Mouse (who are the couple’s favorite characters); the amazing detail was adorned with a series of candles that made the gift even more special. “I came across this,” Kourtney wrote.
According to international media, the couple started dating around December 2020. But Kourtney Kardashian and Travis Barker made their relationship official in February 2021, so this Valentine’s Day will be the second they’re going to celebrate together.
It has been revealed that Kourt is already planning her wedding to Travis, and possibly it will be aired on television, in her family’s new reality show “The Kardashians” which will be on Hulu.


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Torugart and Irkeshtam checkpoints on the Kyrgyz-Chinese border will be closed from April 3 to April 5. The Public Relations and Media Department of the State Border Service of the State Committee for National Security of the Kyrgyz Republic reported.
The checkpoints on the Kyrgyz-Chinese section of the state border will be temporarily closed for movement of goods on the initiative of the Chinese side in connection with celebration ofRemembrance of Ancestors Day (Qingming Festival).
The passage of vehicles and goods will resume on April 6, 2021.
Torugart-Avtodorozhny and Irkeshtam-Avtodorozhny checkpoints operate according to a special algorithm that provides only for the movement of goods from the People’s Republic of China to the Kyrgyz Republic.


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Mr WordPress on Hello world!
Monthly Archives: August 2014
You may have been contemplating launching your startup venture for quite some time now. You have spent hours day dreaming what it could look like and how people will be improved by its use. Or, you may be a service … Continue reading
Former Student Startup gets a $1.5 million Phase II grant from National Institute The Urbana/Champaign (IL) News-Gazette (8/8) reports that the National Institutes of Health has given IntelliWheels Inc. of Champaign, Illinois a $1.5 million Phase II Small Business Innovation … Continue reading


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Spot the difference: Kim Kardashian accused of 'copying' Beyonce's 2012 Met Gala dress
Did Kim Kardashian take inspiration from Beyonce for her Met Gala look?
The reality star (34) had been boasting for days about her one of a kind look by Cavalli ahead of last night's Met Gala, but her white couture design left some onlookers noticing the similarities with her rumoured rival Beyonce's 2012 look.
Kim, who attended her first Met Gala in 2013, opted for a Peter Dundas for Roberto Cavalli white and nude embellished dress as she walked the red carpet with her husband of one year, Kanye West.
In 2012, Beyonce went for a strikingly similar design, featuring black and purple, by Givenchy. And style stalkers were quick to point out the similarities online after seeing the Keeping Up With the Kardashians starlet at the event, dubbed the 'Fashion Oscars'.
Interestingly, Kim also shunned Givenchy this year, in spite of the pair being famously close (including designing her wedding gown) as Ricardo Tisci instead dressed Bey.
Her mother Kris Jenner attended the event in red Balmain, while her model sister Kendall Jenner wore Calvin Klein.


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Contributed by a_rod221:
Sam Goody and MonarC are hosting a the Unforgettable Holidays sweepstakes where fans have a chance to win a trip to see Mariah Carey perform at the mall of America which will be aired on the Today show. The show airs on December 3rd or 10th. Head on over to SamGoody.com and enter to win a chance to see Mariah. ‘Charmbracelet’ hits stores December 3rd.


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While food production facilities continue to be mysteriously destroyed amid what many are calling a ‘looming global food crisis,’ one U.S. factory has committed a “Chicken Holocaust” after fears of Avian flu had infected the flock.
The Guardian released a detailed analysis of the Bird Flu threat which was previously believed to be contained within the borders of Asia. Now, meat processing plants across North America are bracing for what experts fear could be a catastrophic loss of chicken.
According to another article from the New York Times, another 27 million birds were culled due to the bird flu which scientists are using PCR tests to detect.
The popular news site Heavy also reported on the culling:
“As of early April, the outbreak had caused the culling of some 23 million birds from Maine to Wyoming… we have diagnostic tests for much more rapid and improved detection of avian influenza compared to 20 to 30 years ago, using molecular diagnostics such as polymerase chain reaction (PCR) tests – the same method labs use to detect COVID-19 infections.”
This comes at a time when dozens of food processing plants have either exploded or have caught on fire within a matter of months of each other, and barns have been ‘spontaneously’ bursting into flames since November of last year.
The FBI recently warned that currently there is a high risk of farms being targeted in cyber attacks which also would heavily affect the food supply of the country.
Some animal rights groups have blown the whistle on the so-called “inhuman” disposal of the thought to be infected birds. “They cooked those birds alive,” said one of the workers involved in the eradication process.
A strange trend has emerged over the past few months that is not only unlikely but statistically impossible. A large number of factories, logistical centers, and food processing plants have been completely or partially destroyed due to various reasons and explained away as accidents.
A Walmart distribution center in Indianapolis caught fire on March 21, requiring over 350 firefighters to extinguish it, an explosion caused significant damage at Shearer’s Foods in Hermiston, Ore., in February, and in April, a food processing plant in Salinas, CA suffered a large fire that threatened to cause an ammonia explosion, leading to local evacuations. Small planes have also crashed into two food processing plants in Idaho and Georgia within weeks of each other.
These are just a few examples of what many are calling an ‘attack’ on our food supply chain while it is already in an extremely vulnerable state.


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Marine terminals at the Port of Long Beach handled a total of 3.87 million TEUs during the first three months of 2018, marking its best-ever first quarter.
For the three-month period ended March 31, the port’s volumes jumped by 19.1 percent compared to 3.25 million TEUs reported in the first quarter of 2017.
Loaded imports were up by 7.3 percent at 267,824 TEUs, while exports surged by 18.3% to 142,419 TEUs. The Port of Long Beach added that its empties increased by 21.9 percent, reaching 165,015 TEUs.
The port’s March throughput reached 575,258 TEUs, an increase of 13.8 percent compared to 505,382 TEUs seen in the same month last year.
“Our March cargo jumped despite the shipping slowdown during the Lunar New Year holiday in China,” Mario Cordero, Port of Long Beach Executive Director, said.
“One of the most encouraging signs throughout this surge in cargo last year and this year is the operational efficiency at our marine terminals. We are handling record levels of cargo with no delays,” Cordero added.


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By Michael Aneiro
Treasuries are doing their day-to-day yo-yo thing again amid alternating days of bad and good economic data. Yesterday Treasuries gained as new home sales fell; today Treasury prices are lower after the Commerce Department reported that durable-goods orders rose by 2.6% in March. That’s pushed the 10-year Treasury yield to 2.717% at latest check, per Tradeweb data. Bloomberg’s Susanne Walker and David Goodman point out that the spread between seven- and 30-year Treasuries shrank to as little as 1.19 percentage points this morning, the least since October 2009.
RBS calls it “a healthy durable goods report.” Adrian Miller of GMP Securities says we may need to wait another month to find out whether this month’s strength is sustainable, or just a one-off post-winter adjustment:
The rebound in durable goods orders and more precisely core capital goods orders is encouraging even as March’s growth represents a fair amount of catch-up activity from the weather induced lull in February. It will be important for orders to continue to expand at an increasing pace as we move past the uneven Q1 period if we are to see economy can gain momentum and ultimately hitting a self-sustaining upside trajectory. So the question surrounding the March durable goods report is one of seasonality. In other words, was the March print all about a catch-up move from February or are we beginning to see a gradual improvement in business investments. We need the latter and not the former.
Meanwhile David Ader of CRT Capital notes that for all the small day-to-day Treasury moves, the Treasury market is still right in the middle of the same range it’s been in for months:
The paint continues to dry on the walls of the Treasury market which we continue to climb as we seek out a theme, direction, or some version of relevance. In that spirit prices have changed very, very, little over the past several days which in the cross currents of supply yet soft housing data yesterday and, frankly, not a lot of key data anyway probably makes sense…. [W]ith little to talk about maybe we should simply not force the issue by talking so much about how little is to be said.


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We may fall in the minority on this issue, but nonetheless have to ask the question: Is it really essential for the Somerset Hills Regional Board of Education to provide a student shortcut from Bernards High School to the Bernardsville Centre on Route 202?
The board was prepared to spend nearly $340,000 to build a pedestrian walkway from school property to the rear of the shopping center until talks with the center owners recently hit an apparently impenetrable roadblock.
The owners consider the plan unsafe. Management had previously told officials that the center could be dropped by its insurance carrier if the walkway is built.
Members of the school board last week criticized the owners, saying they haven’t negotiated in good faith.
They noted that despite not having a designated safe walkway to the center, students are continuing to take shortcuts to the center which could result in disaster.
Unfortunately, the school board wasn’t quite as worried two decades ago when it sold off land that had been used by students as a trail to the highway for many years.
Ironically, the board received $355,000 in 1997 for that property transaction – about the same amount it planned to spend this year to create the new walkway.
The current board members cannot be blamed for mistakes made by those in the past, but in retrospect, it clearly was short-sighted.
Today, that land is part of the new TD Bank branch on Route 202. The board now plans to discuss a possible pathway on that site with the current owners.
We hope an agreement can be reached, as we certainly agree that safety is imperative.
But if it’s not possible, the district should consider other options that students might not necessarily like.
The board called the rejected pathway proposal a win-win for the school and shopping center, as it would provide business to the stores.
But the board shouldn’t be concerned about helping to generate commercial revenues off campus. The center is responsible for its own business dealings, and has recently invested heavily to expand and upgrade its facilities to serve and attract customers.
Management would undoubtedly welcome more student business as well but shouldn’t be criticized for turning down a proposal it considers too risky.
As far as we know, the high school still has a cafeteria for its pupils. Do the students really need to visit the shopping center during lunch?
If so, the relatively short, brisk walk down Church Street to the highway remains a healthy alternative.
If a reasonable deal for a pathway cannot be reached – and the students’ safety is truly at risk as alleged – the board should take measures to discourage the use of unsafe shortcuts.
To keep students safe, the district recently took steps to ensure that strangers cannot access the school buildings. That included hiring special security officers.
If students are truly endangered by taking an unsafe route to the shopping center, the board should take the necessary steps to prevent the use of those shortcuts – and deploy its resources to enforce them – instead of merely blaming the shopping center.


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Recent news has reported that the new 2014 Chevrolet SS has been revealed at the Daytona International Speedway, in which its racing version also introduced at the Daytona 500 NASCAR event, is a welcome addition to the previous Bow Tie’s range.
It’s because the latest SS – the American version of the latest Holden SS V and is developed around the GM’s global platform that also supports the Camaro and also Caprice Police Patrol Vehicl – signs the Chevrolet’s return to the rear-wheel drive performance sedans after a long absence.
Meanwhile, the GM North America president Mark Reuss, has said: “The Chevrolet brand was mostly built on the power of rear-drive performance sedans, yet it has been seventeen years since we offered one”. As expected, the latest Pontiac G8 SS is visually indistinguishable to the latest Holden Commorode SS V that was unveiled earlier before the Pontiac G8 SS. But, the only palpable changes are the great paint scheme of the 19-inch alloys and also the SS’s single, as an alternative of twin, exhaust pipes that have been placed at each end of the rear fender.
The suspension comprises the MacPherson struts up front and also a trapezoidal multilink arrangement at its rear as well as the steering that receives electronic power assistance and the forged 19-inch alloy wheels that have been covered in the 245/40 and 275/35 front. Meanwhile, its rear tires correspondingly, house 335-mm Brembo discs along with two-piece, 4-piston calipers at the front.
In addition, the engine is a 6.2-liter V8. This engine drives its rear wheels through a standard 6-speed automatic transmission for a 0-60 mph acceleration time of around 5.0 seconds.
Besides that, the executive engineer of the GM global programs, David Leone, has said: “The ideal weight balance and the lower center of gravity were a large part of that target since they allowed the team to adjust for a more comfy highway ride with no giving up controlling or driver confidence while cornering at its limits”.
The latest 2014 Chevrolet SS will be sold in the 4th quarter of the year. Unfortunately, we’ve no any information about its price.


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Netflix is betting that a crackdown on password sharing will reverse declining revenue and faltering subscriber numbers. Historically, the company has never enforced its one account per household policy. Now, by making members pay to share their subscriptions with people living in other houses, Netflix is going to take advantage of all those users that they’ve been missing out on all these years, right?
Well, it may not be that simple.
Netflix, where co-founder and now former CEO Reed Hastings once said “password sharing is something you have to learn to live with,” told investors last year that password sharing contributed to the first loss of subscribers in more of a decade. After months of testing in Latin and Central America, Netflix has finally brought paid sharing to Canada, New Zealand, Portugal, Spain, and now the US. Under its new rules, Netflix wants users to pay an extra $7.99 per month to allow only one person outside of your household to access your subscription.
Many questions remain as to how Netflix will actually implement this, and whether it will really help increase the company’s bottom line. Netflix has warned its investors about a “cancellation reaction” several times in the past when it comes to paid sharing, which means that some people will cancel their subscriptions in response to the launch in their locations. It’s already seen that kind of reaction in Spain, where data from analysis group Kantar found the streamer lost 1 million users after the crackdown.
But for Netflix executives, “improved overall revenue” will ultimately outweigh lost subscriptions. In its latest earnings report for April, Netflix said it was “pleased with the results” of its crackdown on password sharing in Canada, New Zealand, Portugal and Spain, adding that its subscriber base in Canada “is now growing faster than the rest of the world. TO US.” While Netflix assures investors that its results in Canada are a “reliable indicator” of what will happen here, Dan Rayburn, a streaming media expert and industry analyst, says the edge “That’s not a fair comparison,” as the number of subscribers and households in the two countries is simply “very different.”
Netflix also doesn’t take into account the number of subscribers who will choose to downgrade their plans rather than cancel them entirely, which Rayburn says is also a big problem for the company. Without password sharing, the more expensive Netflix plans lose some of their value, as some users may only sign up for these plans just for the benefit of allowing multiple people to watch Netflix at the same time from different devices and in different homes. .
While Netflix’s standard $15.49/month plan allows you to watch Netflix on two devices at once, the $19.99/month premium plan allows up to four simultaneous viewers. The shift towards password sharing could mean some users will opt for the basic $9.99 per month plan instead of canceling their subscription, which allows them to watch Netflix on only one device at a time. This potential trend could deal a hit to Netflix’s average revenue per user (ARPU), which stood at $16.18 in its latest earnings report. “Cancellations will hurt, but downgrades will hurt too because Netflix can’t make up for that with advertising,” Rayburn explains.
“All streamers face the same dilemma of how to deal with password sharing”
Whether or not the paid swap ends up hurting Netflix’s bottom line, it could have huge implications for the entire streaming industry. Other companies, including Disney, Warner Bros. Discovery, and Paramount, are likely looking to see how consumers respond to Netflix’s crackdown on password sharing. If all goes well, other services may want to follow suit, similar to how we saw a number of streamers jump on the price gouging bandwagon last year.
“All streamers face the same dilemma of how to deal with password sharing,” says Paul Erickson, director of Erickson Strategy and Insights. the edge. “Everyone is going to take a look at this or take note of how Netflix is handling this, how the American consumer is reacting, or how they are reacting and moving forward themselves.” With a streamer as big as Netflix entering the paid exchange, there is always a chance that it could become an industry norm. Erickson says he sees payshare as “part of the maturation” of the broadcast industry, noting that it “had to be resolved at some point, and it’s happening now.”
Outside of Netflix investors, I don’t think anyone is happy with this change, especially since Netflix is the only service that makes users pay more. It’s still too early to tell how many subscribers the streamer will lose to the switch, how many will choose a cheaper plan, or how many will actually buy additional accounts. But Netflix has to be careful how it implements the change. After all, you don’t want to alienate all the paying customers who helped put the service in front of more eyes. by sharing your passwords.
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Coinbase exchange crashes as Bitcoin price peaks above $64,000
Bitcoin price soared to an intra-day high of $64,000 before a quick correction.
Amid excessive trading Coinbase exchange crashed, with users reporting zero balance.
Coinbase exchange acknowledged the incident, committing to resolve the matter.
Post-traumatic stress from the FTX cryptocurrency exchange debacle has crypto investors on the edge of their seats on Wednesday after Coinbase exchange crashed, with users reporting zero balance on their accounts.
Coinbase exchange goes down
Amid the trading frenzy on Wednesday, which saw Bitcoin price rise to scrape $64,000, Coinbase, the largest crypto exchange in the US, crashed. Co-founder and CEO of the trading platform, Brian Armstrong acknowledged the incident, citing “LARGE surge of traffic.”
The platform’s customer support also reassured customers that while there could be errors in buying or selling, customer funds were safe. The reassurance came as some users reported zero balances despite having voluminous balances in their accounts.
Notably, with the current craze in the market, it is unsurprising to see servers crash because of excessive traffic. FXStreet team will bring reports once Coinbase support confirms that normalcy is restored and the situation is resolved.
Meanwhile, CNBC crypto trader and founder of Crypto Banter Ran Neuner attributes the downtime to a “full tilt bull market frenzy!!”
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.


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Back in January, Coolpad unveiled a brand new flagship device which showed off the workmanship and design philosophy of the company. The Dazen X7 featured a beautiful design with double sided glass and an aluminum frame.
Looks like the company is all set to announce another Dazen device in the market. While we have very little information about this upcoming device, it is said that the phone will have long lasting battery.
The existing Dazen X7 features a 2700 mAh battery inside a 6.5mm which is an impressive feat. However, given its 5.2-inch Super AMOLED display, the battery life on the device won’t be so good. Hence, Coolpad could be looking to work on this area with this upcoming device.
The teaser released by the company says that the device will be announced on 19th March 2015. The picture in the teaser looks like a powerbank with two microUSB ports. While its possible that the company may announce a new power bank, it could also represent the long lasting battery on the device. Also, its possible that the large battery on the phone helps it to act as a power bank to other devices.
As you can see, not much is clear about the upcoming smartphone, so its best to wait for the official launch which isn’t too far off.


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NEW YORK (CNNMoney.com) -- Personal income registered an unexpected dip in September, while spending by individuals grew at a slower rate than expected, according to data released by the federal government Monday.
Personal income fell 0.1%, the Commerce Department said. The drop in personal income was a sharp reversal from a revised 0.4% increase registered in August.
According to the Commerce Department, spending by individuals increased by 0.2%.
Economists expected that spending by individuals would rise 0.4% in September, according to a consensus estimate from Briefing.com. Personal income was expected to tick up by 0.3% in the month.
The numbers were the result of a stubbornly difficult economy, according to Scott Hoyt, senior director of consumer economics for Moody's Analytics.
"The underlying takeaway is that conditions remain difficult for consumers, and as a result they are not spending much," he said.
Hoyt pointed to a steep decline in government social benefits as another reason for the drop in spending by consumers.
Those payments decreased by $21.5 billion in September, the result of unemployment compensation legislation, according to Commerce Department.
"These are payments that tend to get spent," Hoyt said.
Buffalo Wild Wings CEO Sally Smith said a minimum wage of $15 an hour for fast food workers would probably mean her company and other restaurants would cut back on hiring inexperienced teens. More
Thanks in large part to the expansion of coverage under Obamacare, health care spending is expected to have increased by 5.5%, according to federal estimates released Tuesday. It's the first time the rate would exceed 5% since 2007. More
Intel and Micron have developed a new chip that combines memory and data storage in one structure. More
Quitting without a plan can hurt your career, but here are some paths to quitting that worked for some. More


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Is Wish parent ContextLogic’s stock on the mend after muted IPO?
Costlier shipping and investors’ preference for its rivals could prove challenging for discount online retailer Wish’s owner, analysts say.
- ContextLogic’s share performance has improved despite a tepid start
- Its CEO urged a long-term view despite near-term market volatility
- An investor believes there is growth potential in serving less-affluent consumers
- But possible headwinds include higher costs, a slowdown in sales, and competition
ContextLogic wobbles in opening week
Days after an underwhelming trading debut, ContextLogic Inc, parent of shopping app Wish, managed to stage a recovery.
Last Wednesday (16 December), the Nasdaq-listed stock fell 16.5% from its initial public offering (IPO) price of US$24 to finish at US$20.05.
Since then, it has rebounded, gaining 11.1% on Thursday, before rising another 5.8% to finish the week at US$23.55. Its latest close gave a market capitalisation of US$16 billion.
Why did ContextLogic’s debut disappoint?
ContextLogic’s first-day performance was a change of pace from a recent slew of impressive debuts, including DoorDash, Airbnb, and Snowflake.
The tepid reception could have been influenced by the plunge in shares of DoorDash and Airbnb last week, opined investment bank Renaissance Capital’s Kathleen Smith. Those two stocks sank shortly after popping out of the gate, which taught investors ‘a lesson’ about buying at the open, she said.
In addition, Wish faces stiff competition from US and Europe players. Some investors compare it to e-commerce giant Amazon.com, which has a similar growth rate. ‘If I can own Amazon, why should I own Wish?’, Smith posited.
Based on its IPO price, ContextLogic would be trading at four times its 2022 sales forecast Bloomberg reported. That’s higher than Amazon, which trades at 3.6 times its 2021 sales estimates, and eBay at 3.4 times the same metric.
Covid-19 tailwinds negated by supply-chain disruptions
The San Francisco-based group has been riding on a pandemic-fuelled surge in web shopping, although it also faced supply-chain disruptions during the outbreak.
From January to September 2020, revenue grew 32% year-on-year to US$1.7 billion, but net loss deepened substantially to US$176 million from a year-ago US$5 million loss.
Consumer data firm Cardify’s research team wrote that Wish has seen increased basket sizes, which suggests its users are now spending more.
But analysts also pointed out that Wish could be losing momentum despite spending heavily on advertising to attract shoppers. A hike in US-China postal rates may increase shipping costs for the company as well.
Moreover, Wish generates the bulk of its sales from impulse buyers instead of shoppers searching for specific items, which could be a problem down the road, according to Forrester analyst Sucharita Kodali.
What’s next for ContextLogic and Wish?
ContextLogic CEO Peter Szulczewski said short-term market volatility should not detract from the firm’s long-term core focus of catering to value-conscious consumers.
It is investing in logistics, scaling the team worldwide, seeking new revenue streams, and improving its customer experience, said Szulczewski.
Meanwhile, Wish investor GGV Capital’s managing partner Hans Tung pointed to the success of brick-and-mortar dollar stores, which he says underlines ‘more room’ for the app to grow in the US as well as in emerging markets.
That said, Forrester’s Kodali believes Wish may not be a direct comparison to dollar stores, which sell essential items to regular customers.
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Either way you can buy (long) or sell (short) the asset using derivatives like CFDs offered on IG's industry-leading trading platform in a few easy steps:
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text: NEW YORK (MarketWatch) -- LMI Aerospace Inc. lmia said Monday it'll buy San Diego-based D3 Technologies, Inc., a design and engineering services firm, for $65 million in cash. D3 generated revenues of $64 in 2006. D3 has 350 employees, including 310 engineers and technical resources. The transaction is expected to close during the third quarter. The acquisition is expected to add to LMI's earnings in 2008.


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Governments and organisations around the globe are increasingly recognising the benefits of facial recognition technology, but mounting privacy concerns mean not everyone is a fan.
The past few years have seen governments starting to introduce facial recognition in airports to boost security and speed up departures. Meanwhile, organisations are implementing multi-factor authentication solutions, such as fingerprint sensors and facial recognition technology, to tackle the rise of cyber-attacks, terror attacks, and identity theft.
Facial recognition is expected to become even more prominent over the next few years because of the advantages it offers over traditional surveillance techniques like biometrics. The technology can achieve highly accurate matches at long range, match multiple visitors simultaneously in high-traffic areas, provide real-time matching against databases, and maintain high accuracy despite hats, hoodies, glasses, and so on.
According to a report by Mordor Intelligence, the market is estimated to reach a value of $9 billion by 2024, up from $4.51 billion in 2018.
The roll-out of facial recognition technology is believed to be an important step towards increased security, but with privacy concerns rife, it doesn’t always sit well with the general public. Major data breaches have become commonplace, and this has made people extremely wary about the type of personal information held by central organisations and how secure it really is.
Privacy concerns aren’t just limited to fraud. As people’s use of social media grows, our photos, likes and dislikes, and connections with others are enabling software programmes to build up a data profile of ourselves that can be sold on to marketing agencies without our permission. There are also Big Brother fears, with facial recognition in airports already being labelled an invasion of privacy by some travellers.
How blockchain can help
This double-edged sword is something that blockchain technology enthusiasts hope to resolve.
Kairos, a facial recognition artificial intelligence company, believes everyone has the right to an “anonymous digital identity”. It argues that businesses don’t need to know exactly who you are in order to verify that it is you. The company is building digital identity verification technology powered by face biometrics and blockchain technology. By enabling a “biometric blockchain”, users can leverage their digital identity in a way that protects their privacy by giving them the power to verify important transactions or interactions.
Blockchain development company Aetsoft, which offers facial recognition services among others, claims that only blockchain can provide the rapid data access, fast transaction speeds, and effective security required for successful facial recognition implementation. Smart contracts can accelerate the efficacy of facial recognition technology, for instance by automatically issuing boarding passes if the face matches. At the same time, storage and transactions can both stay on-chain, protected by cryptography, consensus, and an immutable audit trail.
Another company, Faceter, is tackling crime as a vendor of computer-vision surveillance technology powered by a fog network of miners. Faceter makes surveillance cameras “smart” through enhanced facial recognition, object detection, and real-time video analysis. These features allow cameras to understand the situation and respond to it, thereby offering better security.
And in Saudi Arabia, blockchain ATMs are being developed which use biometric scanners to scan the face of each account holder as part of a five-factor authentication process. The Alhamrani Universal ATMs use ShoCard’s blockchain technology to confirm the identity of the user without actually accessing the database of their bank. The ATMs are designed to combat card fraud while still protecting individuals’ identity.
More to come
The next few years could see even more blockchain-enabled facial recognition solutions being developed. In Europe, for instance, the EU Blockchain Observatory and Forum recently produced a report setting out a path to improving the current digital ID landscape. The report says it is now possible to build new identity frameworks based on the concept of decentralised identities. It also recommends that the EU clarify regulatory questions around the standing of blockchain-based signatures and timestamps.
The big challenge for governments and organisations will be winning over the general public. This will require a major educational push on what blockchain technology is, its role in fighting crime, and how it can keep us safe from the ever-growing threat of data security breaches.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.


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IFA President Eddie Downey has called on retailers to acknowledge the value of strawberries and other fruit grown in this country, and not use these categories as a loss leader.
“Growers have made sizeable capital investments on their farms to extend the production season which now provides fresh fruit to the Irish consumer from April right through to November," said Downey.
"While sales of fruit are growing in volume, there is ongoing concern at the decline in the value of the crop, as a result of pressure from retailers.”
Downey made the announcement last week to mark the launch of National Strawberry Week.
He added that the “IFA is actively involved in the monitoring of proper labelling of fruit both on retail shelves and in road-side sales. Only by regular monitoring and reporting of issues to the Department of Agriculture can a resolution to non-identifiable produce be achieved”.


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C8 Corvette Production Seems Cursed
Thanks to last year’s prolonged UAW strike and this year’s global pandemic, production of Chevrolet’s new Corvette is way behind schedule. As reported previously, GM had already dialed back the expected number of 2020 C8s headed to dealers by roughly 20 percent before the coronavirus touched down in North America.
Unfortunately, reopening factories hasn’t magically transported the manufacturer into a scenario where C8 ‘Vettes are abundant and customers can rest assured they’ll see their new toy by the end of this year.
Plenty of orders have already been rolled over for 2021 model-year vehicles, especially if they’re convertibles. Now, supply chain troubles all but guarantee 2020 will be an unfortunately weak year for the mid-engined Corvette, and GM knows it. The company’s doing everything it can to get as much product out the door as possible. However, the obstacles placed in GM’s path have proven too large — and timed too perfectly — for it to ever had much of a chance at a normal product launch.
“We are not going to build all of the 2020 orders,” GM spokesman Kevin Kelly told the Detroit Free Press this week, noting all the aforementioned issues.
While that makes the C8 seem utterly cursed by fate, certain models from rival manufacturers seem like much better candidates. Barring a few untoward claims about fit and finish, which one could dismiss by way of Chevy’s impressively low pricing, the Corvette just happens to have some of the worst luck imaginable when it comes to timing. Unless you’re not a fan of the updating styling, there’s not much to complain about other than availability.
“We’ve had an enormous demand for this vehicle and we had that work stoppage and we have suppliers trying to come up to speed too,” Kelly explained. “The plant is still coming up from COVID. We still haven’t brought up the second shift yet, so we’re still ramping up.”
He also said the manufacturer garnered 20,181 orders through May 1st — which is after it stopped taking orders for 2020. GM’s quarterly report cites it as having delivered just 3,820 Corvettes in total. Fewer than 2,700 are assumed to be the C8. At that pace, it’s not going to get through every order by year’s end unless production ramps up swiftly and remains high.
Right now, that isn’t the case. The Corvette plant in Bowling Green, Kentucky is currently operating with less than half its normal staff, and several suppliers have found themselves in a uncomfortably similar situation. Even if GM added a shift today, there may not be an adequate parts supply to maintain production.
From Detroit Free Press:
Typically, about 1,200 people across two shifts assemble the car, but since the plant restarted May 26, one shift of 570 workers is on the line, said a person familiar with plant operations who is not authorized to speak to the media.
The person said the plant is building 60 to 90 cars a day, when it normally would assemble more than 180 across the two shifts.
But Kelly said the delay is merely typical ramp-up after a shutdown, saying, “We are unaware of any production target misses and are attaining the production output set for the team at Bowling Green as we continue to ramp up after the COVID-19 shutdown.”
Novi-based supplier Tremec, which makes the 8-speed dual clutch transmission for the 2020 ‘Vette, is running at the same production rate as the plant, said Michael Kvicala, Tremec’s marketing specialist.
“There are issues across the board with suppliers and it’s not just the Corvette. You don’t just bring both shifts back up when the production was down,” Kelly said. “You have to ramp up. We’re ramping up as we get the suppliers online and everyone online.”
It’s also not just GM. Anyone manufacturing something more complicated than a block of wood faces supply issues at the moment. Your author currently has a bunch of audio equipment on back order for the same reason automakers cannot source sufficient parts. Given the scope of the mess, it’s going to take a while for most industries to regain their footing, and the automotive sector requires more cooperation than most.
The good news is that GM doesn’t intend to recoup money lost on absentee 2020 Corvettes by hiking the price of next year’s model. The base price will stay five bucks below $60,000, with order forms being readied for next month. “We initially said we would start taking 2021 Corvette orders at the end of [May] but, again, due to the plant being down for two months, we’re adjusting that timing to late July,” Tadge Juechter, executive chief engineer for the C8, said at an enthusiast’s event at the Corvette Museum held on May 29th.
Here’s hoping next year is a little kinder than this one.
[Image: General Motors]
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- Mike Beranek Any car whose engine makes less than 300 ft-lbs of torque.
- Malcolm Mini temporarily halted manual transmission production but brought it back as it was a surprisingly good seller. The downside is that they should have made awd standard with the manual instead of nixing it. Ford said recently that 4dr were 7% manual take rate and I think the two door was 15%.
- Master Baiter It’s hard to make predictions, especially about the future. It will be interesting to see if demand for Ford’s EVs will match the production capacity they are putting on line.
- Brett Woods 2023 Corvette base model.
- Paul Taka Hi, where can I find 1982 Honda prelude junkyards in 50 states
Good, this is what they get for making the C8 as pathetic automatic scum.
Earlier this week I think I saw a C8 in a nearby driveway. And that is a problem to me, I'm not exactly sure what is a Corvette anymore.


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The new petition, filed recently by an NGO- All India Drug Action Network (AIDAN) and others has called for bringing all the essential medicines under price control and to have a price monitoring mechanism for drugs which are not even in the essential medicines list so as to make it available at reasonable prices.
The ministry of chemicals and fertilisers is already fighting a legal battle over the implementation of the pharma policy against a Karnataka High Court order stalling its implementation, which along with the latest PIL will come up for hearing on October 9.
The pharma industry is not too pleased with the idea of including around 350essential medicines under price control and feels that it will take it back by almost 20 years and will defeat the very purpose of implementing the Drug price Control Order (DPCO), which aims to free the industry from the rigours of price control.
The ministry is also of the opinion that such excessive control can have serious adverse implications on the pharmaceutical industry, the consumer and the health delivery system.
In an environment where market forces determine the prices and even essential commodities are outside the purview of government price regulation, controlling essential drugs will only mean reduction in availability, which will make the common man suffer even more, BK Raizada, advisor to Ranbaxy Laboratories told FE.
It is not necessary that the price of a drug, which not under price control, will shoot up as market forces play a much bigger role in keeping the prices of such drugs under control, Alembic resident director ND Rajpal said.
India needs to recognise that it is a part of the global village where market creates its own equilibrium and with almost the lowest price in the world for drugs and pharmaceuticals, an efficient industry does not need the suffering of over regulation, Mr Raizada added.
AIDAN in its petition has also called for allowing manufacturing and marketing of only those single ingredients formulations that are referred to in pharmacology textbooks. This, the industry feels, is not relevant as far as drug policy is concerned.
AIDAN in its plea has called for ensuring that all medicines needed for important public health problems such as tuberculosis, malaria, leprosy, diabetes, hypertension, heart care, eye care and the like to be marked only as generic preparations. The industry on the other hand feels that its is practically impossible.
The implementation of the Pharma Policy 2002 has been hanging fire for quite some time now after a PIL was filed in the Karnataka High Court in November last year. A special leave petition was filed by the ministry against the order of the Karnataka High Court seeking setting aside of the order.
Industry apart, the ministry is also of the opinion that excessive control on drug prices will go counter to the announcement made by the finance minister in his Budget speech earlier this year and the pharmaceutical policy, which aims at reducing the span of price control substantially.
Market forces play a much bigger role in adjusting or bringing down the prices, said one of the industry player.


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ESC calls for harsher penalties on recalled products
The Electrical Safety Council (ESC) is proposing unlimited fines for manufactures who fail to respond adequately to recalled products and improvement in the merchandise registration system.
There has been growing concerns over the emergence of serious incidents involving recalled products which the producers are slow or do not recall which creates risks.
Currently the penalty for manufactures who delay or take inadequate action in a recall situation is only £5,000 but ESC (charity organisation) is requesting for tougher penalties based on the percentage of profits from the recalled product.
It argues that change in legislation will help ensure manufacturers respond quickly and effectively in recall situations as well as improve standardised guidelines in product registration.
No incentive for manufacturers
Emma Apter from the ESC said: “The current recall system is not effective enough, and without tougher penalties there is no incentive for manufacturers to act quickly and take the best corrective action possible.
“Whilst it is a complex issue, with no quick fix solution, we believe there are a number of steps that have the potential to make a significant improvement.”
She added that there is mass confusion in the recall system and no clear level of action for manufactures where as if more people registered their products and followed the guidelines, it would be easier to trace recalled products.
Set clear guidelines
ESC has also invited Trading Standards to set out clear guidelines on exactly what manufactures should do if their product is subject to a recall.
Research from the charity shows that over the last six years, there have been 266 recall notices for electrical products and only 10-20% was returned leaving millions of UK residents at high risks of fire or electrocution.
There is lack of understanding by the consumers the purpose of registration cards and only 5-10% fill them in for new items because of concerns that their information could be used for marketing purposes.
Likely to register with independent firms
Half of the research participants said they would be more likely to register products with an independent organisation and if assured that their details would not be used elsewhere
In the British Retail Consortium and Trading Standards Industry conference held this week, the charity encouraged more people to submit their details on purchase or immediately afterwards and this was the first stage at tackling the longstanding issue.
The charity hopes that the Industry will work with them to achieve higher return rates for recalled items.
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Big Shot CEOs Seek Advice from Women
Released on: May 01, 2011, 2:41 am
In the years ahead the leaders at America 's largest corporations are going to be taking more and more advice from women. The main reason why CEOs will seek advice from women is an obvious one: most of their customers are women!!
Women make most of the purchases and economic decisions in the American home. They not only do the grocery shopping, they increasingly make the other buying decisions as well. Not surprisingly businesspeople will want to know what their customers are thinking.
Those companies that do the best job of designing and creating products for women and marketing women will be the most successful. The largest company in America is Wal-Mart which primarily sells to women.
Carmakers, entertainment companies, toy companies, homebuilders and many others will be directing their marketing at women. To get the advantage these companies will need to consult women and so will their leaders.
Women will dominate the Workplace
There is another reason why corporate bosses will be consulting women more often in the future. The majority of professionals and executives in companies in the future will be women. This will occur because six out of ten college graduates today are women. Most of the professionals, executives will consult in the future such as doctors and lawyers will be women.
CEOs will consult women in order to understand how their companies work and what is happening there. They will want the female insight into the changing environment around them. The executives that take advantage of female professionals will be the most successful.
In this environment organizations like the National Association of Professional Women which organize and network women will be more important than ever. Those women who are organized and connected will be in the best position to take advantage of a changing environment.
Those CEOs who turn to women for advice will see their corporations earn the highest profits because they will have the best understanding of the market. Those women who are networked will be the best position to give advice to big shot CEOs and become big shot CEOs themselves.
Contact: Maricar Bay
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Iran holds 1.1 pc world shipping capacity
Managing Director of Iran Ports and Navigation Organization Mohammad Rastad told the 25th Seminar of Maritime Organizations that with 229 big ocean liners and 1.1 percent of the world capacity, Iran stands 20th in the world list.
Rastad said though standing 20th in the world list, Iran has not suitable standing in container transportation.
He said 145 million containers are transported by big vessels annually, while at the time of maximum port activities, Iran managed to move three million containers in ports per year, part of which is done by foreign companies.
Rastad said majority of goods are now transported by container and key world ports are ready to berth at 17 meter depth with 20,000 containers.
He went on to say that in 2017, an international maritime and port center announced that Iran ranked 69th for forex revenues due to marine transportation while two countries in the region ranked 17 and 25.
Rastad said Iran ranked 57th worldwide in terms of maritime transportation infrastructure while the ports in the region reserve the 5th and 13th ranks worldwide.


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Every great delivery driver deserves a tip, and Domino’s says its customers can earn one when they carry out their order. The company announced that it will tip customers $3 to use on their next online carryout order if they come to a restaurant to pick up their order in person.
With the restaurant industry looking far and wide to find employees, and other business segments ramping up in the hiring of drivers, the idea seems to make sense. Plus, there’s Super Bowl Sunday looming large. During the 2020 Super Bowl, it was estimated that Domino’s sold about 2 million pizzas on a normal Super Bowl Sunday, a 30% increase over a typical Sunday.
“Domino’s carryout tips come just in time for the biggest football game of the year, which is also one of the busiest days of the year for pizza,” said Art D’Elia, Domino’s executive president. “Domino’s typically sells about 2 million pizzas on football’s favorite Sunday, so if you’re throwing a party and feeding hungry fans, make it a carryout order and get tipped! Then you can treat yourself to a delicious pizza with a great deal the week after.”
While it might be a nice permanent perk for pizza lovers, Domino’s said the deal will last only through May 22, 2022. There are a couple of other things that consumers should note.
The most important one is that orders have to be placed online to claim the $3 coupon code, which is redeemable for another online carryout order placed the following week (with a minimum purchase of $5 before tax and gratuity) reports Consumer Affairs.


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McKinsey has opened a store in the “Mall of America” while testing the future of new technologies. America’s largest mall is going to experience a new wave of alertness among the customers towards the cryptocurrency fever. The store has opened today- Friday, Sep 27th for the public on the second floor, west.
Reportedly, McKinsey is aiming to keep the store running for 12 to 18 months with rotating featured brands after getting the insights from the internal development team.
The payments in cryptocurrency would now be possible by a startup named “Flexa” which is trying to make a cryptocurrency-friendly society where consumers can get the complete legitimacy on the use of digital assets instantly while making any payment to the retailer at the store.
Flexa, the new network for cryptocurrency payments is backed by a cryptocurrency exchange Gemini– founded by Taylor and Cameron Winklevoss brothers. Reportedly, Flexa has collaborated with a management consulting firm McKinsey & Co. in an effort to test the future of brick and mortar retail business.
The joint effort would work on the new retail concept along with several other firms namely Microsoft, Square, Farfetch, RetailNext, FaceCake(augmented reality), Chatter Research (conversational AI), ComQi (digital signage), and others. The technology partners purportedly paid a fee to participate in the McKinsey’s endeavor.
McKinsey Store: Modern Retail Collective
The store name is Modern Retail Collective where the crypto-focused and non- crypto-focused firms are going to facilitate the retailers under the McKinsey empowered retail store. Here, one of the primary objectives is to test the new technologies while analyzing shopper behavior in the age of Amazon.
The new project is a step to support the retail stores so that they can adopt the new technologies in order to work more faster and efficiently and attract consumers while proving their relevancy which is losing the prominence.
McKinsey reports suggest that around 8,000 U.S. brick-and-mortar stores are shutting down in this year because shoppers are more fascinated towards their comfort zone and willing to purchase via eCommerce platforms.
According to McKinsey’s partner Praveen Adhi, “the project would be able to produce a forward-looking data and analytics that can help retailers to understand their own vision for their store of the future.”
Tyler Spalding, Flexa CEO expressed his enthusiasm and mentioned that “this effort would be able to show the legitimacy of cryptocurrency payment system and how effective is the use of this kind of method in every-day life.”
Flexa Payment App SPEDN
The merchant payment network would work while deploying its app called SPEDN and its token Flexacoin (FXC). SPEDN app would enable the cryptocurrency instant transactions because every transaction is proposed to be guaranteed and documented by a stake in Flexa’s FXC token with “zero fraud” and “no chargebacks, Spalding stated”
As per the reports, Flexa has already raised $14.1 million in a private sale of FXC tokens during April.
Image by Daren Mehl from Pixabay
Tags: Cryptocurrency news, Cryptocurrency, Digital Assets, McKinsey, Amazon, Ecommerce, Flexa, SPEDN, United States, America, The Mall Of America, Taylor and Cameron Winklevoss, Gemini, Microsoft, Square
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With the Cambridge high street changing and evolving constantly, it can be hard to keep track of all the new bars and restaurants in the city.
We've lost some beloved places - we're thinking of you Urban Shed and Rainbow Cafe - but we've also gained some new favourites.
From Thai to German to Japanese, there’s something for everyone.
We’ve rounded up the newest spots in Cambridge you should try next.
After months of anticipation, this craft beer bar has finally opened a location in Cambridge.
BrewDog, on Bene't Street, not only has 25 different beers on tap but also serves chicken and waffles as part of its tasty weekend brunch menu.
The company said they want the bar to be a spot for learning about craft beer in celebration of Cambridge's appreciation of education and hard work.
Thirsty & Hungry
Sam Owens, the owner of Thirsty, a beloved bar and bottle shop known for its pop up events, opened Thirsty & Hungry on King Street at the beginning of the year.
The spot, at the former site of Urban Shed, runs as a café during the day and morphs into a bar in the evening.
We recommend an icy cold craft beer along with the polenta chips and Reuben sandwich. It's exactly what you want.
Vanderlyle has only been opened for five months but it has already landed on the 2020 Waitrose Good Food Guide, which is an impressive feat.
The Mill Road eatery is led by chefs, and best friend duo, MasterChef finalist Alex Rushmer and Lawrence Butler.
The experienced chefs work directly with farmers, growers, and producers to create ingredient-led menus that ebb and flow through the seasons.
This spot on Regent Street caters to the vegans and anyone looking to cut down on their meat consumption. The entirely vegan menu features delicious burgers, fries and milkshakes.
We recommend the classic Dopple burger. It is a dopplepatti topped with vegan cheese, caramelised onion marmalade, portobello mushrooms, balsamic glaze, lettuce, tomato and homemade ranch sauce.
A branch of the popular Japanese-inspired chain is already open in the city centre, but later this year another will open at Cambridge Leisure Park, home to the Light Cinema and several other eateries including Nando's.
Wagamama will be replacing Chiquito and will be open to the public from September 30.
We can’t wait to enjoy some udon noodles.
Luxury chocolatiers Harry Specters won a competition to have a space in the Grafton Centre for free, as part of a scheme to champion small and entrepreneurial businesses.
The business, which originated in Ely, will donate 60 per cent of their profits to charities that help individuals with autism, as the owners’ son has autism.
Harry Specters, which has won 29 industry awards in five years for its handcrafted luxury chocolates, has signed an initial 12-month lease at the Cambridge shopping centre and will begin trading in late autumn. The fit-out of its unit will begin in September.
This authentic Mexican restaurant is hoping to open its doors to Cambridge by the end of September.
The ‘fast-casual’ restaurant specialises in burritos and tacos, but it also serves a mean margarita.
The first restaurant was in London after Tortilla's founders struggled to find good burritos in the capital.
It now has a number of restaurants in London, as well as Nottingham, Birmingham and Cardiff.
The chain announced the new Cambridge restaurant alongside two others in Oxford and Bristol.
The Dumpling Tree
This authentic Chinese restaurant, which first opened on Homerton Street, moved to the quiet Perne Road community this summer after the Med Pub closed down.
You can get a variety of Chinese food, including satay chicken, dumplings, noodle soup, and much more.
LO's cheesecake emporium
LO's, which stands for Little One's, cheesecake emporium has joined The Grafton centre.
Shoppers can create their own personalised cheesecake, adding in everything from Reese's pieces to Love Hearts to create their own tasty pot of happiness.
Owner and founder Georgia Wills, who works full time for the NHS, won the chance to expand her business thanks to the Grow at the Grafton competition.
We can't wait to design our own dessert!
Did we miss any new spots? Let us know in the comments below.