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How to watch Devolver Delayed: Developer showcase celebrates all games which have been delayed until 2024
and live on Freeview channel 276
Publisher Devolver Digital has announced that its next showcase will highlight games delayed until 2024. It comes just two months after the Summer Games Fest, where the team announced all of the games they are currently working on.
The publishing team tweeted: “Join us next week for Devolver Delayed, the first ever showcase celebrating games that are courageously moving into 2024.” Devolver Delayed will highlight games that have been delayed, which although common, it is very uncommon for a game developer or publisher to highlight what games are being delayed.
Devolver Digital is an American video game publisher that was founded in 2009. The publisher is most known for its games Human Fall Flat, Cult of the Lamb and Death Door.
How to watch Devolver Delayed
Devolver Delayed will be available to watch live on the publisher’s YouTube channel on August 7. The livestream will be live at 4pm BST with no estimated run time for the broadcast.
What was announced at the previous Devolver Digital Showcase
Devolver Digital hosted a showcase event back in June as part of the Summer Games Fest. Here’s everything that was announced during the event:


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January 17, 2018
Tiffany & Co.'s holiday campaign for the 2017 season. Image credit: Tiffany
By Staff reports
U.S. jeweler Tiffany & Co. has reported an 8 percent increase in net sales during the 2017 holiday season, seeing positive performance across regions and product categories.
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domain: news


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Bret Lowell of DLA Piper.
Updates, renovations or brand innovations. Whatever you want to call it, system change can be a challenge for concepts large and small. While just about anyone in a franchise system understands the need for innovation and keeping up with the competition, it’s wise to both prepare for that innovation at a foundational level and ensure that it makes sense for the franchise.
Given the frantic adoption of technology by consumers, the new pace of system change can weigh on the franchisor-franchisee relationship.
“I think we’re facing a new era of ‘needs’ for keeping up with what’s going on,” said Bret Lowell, a partner in the franchise practice at DLA Piper. “The classic pattern there has to do with remodels and renovation of stores, but with the technology revolution that’s upon us, we’re seeing a lot more in the way of software and IT upgrades and franchising needing to keep up.
A landmark case came out of the Wendy’s system when DavCo, a 140-unit franchisee, refused to update its locations or invest in a new point-of-sale system.
According to legal documents, DavCo said the updates were in “violation of the franchise agreements, commercially unreasonable and breaches of the implied duty of good faith.”
A bitter three-year legal battle ended “without prejudice,” and the entirety of the DavCo holdings were acquired by NPC International, Wendy’s largest franchisee, which took on the updates.
Smart and reasonable
The outcome was not ideal for anyone, racking up legal fees and becoming a major distraction. But as Lowell said, such disputes can largely be avoided by embedding some good practices into the standard operating procedure.
“I start with the premise that the franchisor needs to roll these things out in a smart and reasonable manner.
“By doing so they keep the dispute to a minimum, and we find that they are rolled out in a win-win-win sort of way for the benefit of the franchisor and the franchisee and the system as a whole,” said Lowell.
The ideal rollout process depends largely on what kind of innovation is involved. Remodels and ongoing updates to keep the actual properties looking fresh among a competitive set are generally baked into the franchise disclosure document in explicit language around timelines and investments.
But for the slew of non-standard or unforeseeable updates at the writing of the FDD, there needs to be some contractual wiggle room for whatever innovation might come along.
“Where we don’t have that specific language, franchise agreements have or typically have general language. You’ll find language about how you must follow the requirements of our operating manual,” said Lowell. “The manual is a tool to roll out changes, as manuals are recognized as legally modifiable in order to keep up with change over the, say, 20-year term of the franchise agreement.”
If those updates become disagreements, franchisors have the power to either terminate the franchisee based on not adhering to brand standards, or go to court seeking specific performance to force the issue. Smart brands will also include contract language that will rationalize the updates across the system and stay out of court.
“It comes to a rub because every franchisee is not identical. For example, you may have one franchisee with many units and one with few units. Maybe it makes sense for the large franchisee that can afford it but not the small franchisee that can’t afford it,” said Lowell.
“Yet the franchisor needs to look at the system as a whole and keep the brand positive and shiny when it comes to consumers and customers. If there is a franchisee out there that a change doesn’t work for, forcing it upon that franchisee could be problematic, so ideally the terms of a compromise upgrade can be worked out.”
‘Use plain English’
Franchisees don’t always have a lot of power to make that case, especially when the majority of the system is adhering to the change. But they can watch for certain language in the FDD to see what’s ahead.
“Franchisees should look for provisions that allow the franchisor to change fees over the course of the franchise agreement. Any fee that can change should say so in Item 6 of the franchise disclosure document,” said Mike Drumm, founder of Drumm Law.
But to keep the system strong and avoid franchisee unrest, franchisors should try to be clear about what those requirements could be.
“Use plain English,” said Drumm. “I have seen many franchise agreements try to tackle technology issues with legalese and use outdated terms like CD diskette or electronic website on the worldwide Internet. Everyone knows technology changes, so be up front about it.”
And if a dispute comes up, it’s in everyone’s best interest to find a resolution as soon as possible.
“When I look at disputes, I see that we could have gotten there six months ago. Every time,” said Brian Schnell, partner at Faegre Baker Daniels. “We just weren’t having the right conversation.”
Change, however, will be constant as consumers crave innovation and a reflection of their daily lives in the franchise industry. That means it’s up to both franchisees and franchisors to come together on innovation.
“A big part of this is customers and consumers are demanding innovation,” and if a system doesn’t innovate, “they won’t continue to be relevant. They’ll die on the vine,” said Schnell.


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Town receive away allocation for Cardiff clash
Luton Town have received an initial allocation of 2,762 tickets for the trip to Cardiff City on Saturday, August 10.
Supporters who have taken an away season ticket will automatically receive one ticket in the general seating area which will be processed next Tuesday.
Tickets will be available to Diamond season ticket holders and executive members at one-per-person from Monday, July 22 until close of business on Thursday, July 25.
Season ticket holders will be able to purchase one ticket per person from Friday, July 26 and will remain on sale until close of business on Wednesday, July 31.
Any remaining tickets will be available from Thursday, August 1 online, by phone and in person.
They will remain on sale, subject to availability until 2pm on Friday, August 9.
Prices are, General Area: Adult: £22.00; O60: £17.00; 16-21: £14.00; U16s: £11.00.
Wheelchair Access Area, Adult: £16.00; O60: £12.00; 16-21: £9.00; U16: £6.00 - personal assistant: Free of charge
If match day tickets are available, prices will increase by a maximum of £2 on the day.


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New Dragon Asia Corp (NWD) looks like a straight-up steal. While the company hasn't made money in four quarters, the losses are dwarfed by the company's liquid assets; the company has a net current asset value $27 million, but trades for just $9 million at its current price of 12 cents per share. While you never know what will happen when a stock trades at a such a low level (it could easily increase by 50% or be cut in half just like that), there are enough warning signs behind the numbers to scare the average value investor away.
First of all, the potential for dilution is large. An astute reader pointed out that the outstanding stock warrants are far out of the money, so they are indeed practically worthless. Unfortunately, significant potential for dilution still exists in the form of convertible preferred stock. The pref share dividends can be paid in common stock (similar to a situation we saw for Quest Capital), and the pref share principle must be redeemed in the next few months. The company's shares outstanding have increased by almost 25% in the last 9 months in the conversion and payment of dividends for these pref shares!
Unfortunately, the company's problems are not only in its finance department. NWD mills and distributes flour and related products, including "instant noodles" (packet noodles and cup noodles for preparation at home) through its Long Feng brand. Considering the industry it's in, one would not expect a recession to have such a huge effect on revenues. This is not a company selling heavy-duty, expensive-to-finance equipment that can't be justified in the current environment. Sure, its customers may reduce inventories, so some sales compression can be expected, but the drop in sales the company continues to experience is extreme: instant noodles and flour revenue dropped 75% and 63% respectively in the most recent quarter. The company's only explanation is the "slowdown in the economy worldwide". What one would expect to be a stable business is not so, suggesting the company is being battered by competition or is out of favour with its customers, and management does not appear forthcoming with the details.
Finally, the company recently announced that its independent certified accountant has resigned. The reasons for this are not clear, but experienced investors will tread carefully when such an event has taken place.
A share purchase of NWD may indeed prove fruitful. If the asset numbers are correct, the company does appear to trade at a discount. However, considering the unexplained operational problems this company clearly faces, along with the threat of continued massive dilution, a purchase of shares at these low levels amounts to speculation as opposed to value investing.


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Specialty foods store Savi Provisions is headed to college. The gourmet grocery store is set to open a new location in Emory Village, at 1593 N Decatur Road, along the Emory Village roundabout across from Emory University.
The space was once home to pizza and brewery Slice and Pint, and before that, Everybody’s Pizza. Once SAVI Provisions moves in, it will be the only gourmet grocery store in an area heavy with college kid-friendly fast-casual options, like Panera Bread, Dragon Bowl, Falafel King, and, of course, Dominos Pizza.
No opening date has been announced, and a representative for Savi Provisions was not immediately available for comment, but it’s safe to expect a spread similar to the one at Savi’s current locations: local produce, meats, cheeses, pantry items, beer and wine, baked goods, and prepared specialty sandwiches, salads, and dishes at the deli.
If there’s one thing we know about college students, it’s that they love a good hangover breakfast sandwich. And when Savi Provisions makes its university debut, we’re hoping they’ll have a bacon, egg, and cheese (made, of course, with organic, local ingredients) at the top of the deli menu.


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If key economic indicators are anything to go by, then Botswana is in a state of stagflation, defined as a period of rising prices, slow economic growth, and high unemployment.
The country’s annual inflation rate was unchanged at 10.6 percent in February, the highest rate in more than 13 years. Consumer prices spiked last year due to combination of the COVID-19 pandemic strangle on supply chains and the government’s decision to tinker with administered prices, while also raising taxes and levies.
Prior to 2021’s rapid rise in prices, Botswana was in a low inflationary environment that dragged for nine years, as prices fell from the highs of 7.5 percent in 2012, to record lows of 1.9 percent in 2020. The easing of the inflation started with 2012’s average rate of 7.5 percent dropping to 5.9 percent in 2013, and continued to 4.4 percent the following year, and by 2015 it was at 3 percent.
The inflation rate’s descent went below Bank of Botswana’s threshold in 2016, with the rate recorded at 2.8 percent, before increasing slightly to 3.3 percent in 2017 and retreated to 3.2 percent in 2018. By 2019, the inflation rate was below the objective range again, registering 2.8 percent, and plunged to the lowest levels in more than two decades as the average annual inflation rate hit new lows of 1.9 percent in 2020.
However, things took a dramatic turn in 2021 as prices soared, ending the year with an average annual inflation rate of 6.7 percent, reflecting upward changes in administered prices and taxes, as well as higher foreign inflation.
Central banks usually react to rising prices by increasing the bank rate in a bid to maintain price stability. However, Bank of Botswana bucked the trend as it kept the bank rate unchanged at 3.75 percent , which has been prevailing since 2020 when it was reduced by 100 basis points from 4.75 percent. The central bank economists forecast that the inflation rate will fall between 3 to 6 percent in the third quarter of 2022. But that forecast is likely to be off the mark as recent developments point to prolonged rise in prices.
As prices continue to rise globally, countries are responding by cutting the key interest rates. South Africa, the continent’s most advanced economy and Botswana’s biggest trading partner, this week raised the repo rate by 25 basis points to 4.25 percent as the country’s annual inflation rate climbed to 5.7 percent, nearing South Africa’s Reserve Bank’s upper limit of its 3 – 6 percent target range.
Elsewhere, the United States of America (USA) Federal Reserve last week increased the bank rate for the first time in three years to fight off inflation that is nearing a 40 year high. The Fed reserve has indicated that it will be rising interest rates this year.
Botswana’s response to the soaring consumer prices will be constrained as the policymakers will be torn between price stability and economic growth. To starve off inflation, Bank of Botswana can raise the bank rate in efforts to dampen consumption by making access to money expensive. However, that is unlikely as the policymakers are already grappling on how to stimulate demand on the back of slow economic growth amid record low interest rates.
Since 2009, Bank of Botswana has been pursuing an accommodative monetary policy, reducing the key interest rate from the highs of 16.5 percent in 2009 to the historic low of 3.75 percent in 2020. The loose monetary policy stance was geared towards increasing aggregate demand by making access to capital cheaper, thus stimulation consumption and investments.
However, the monetary transmission mechanism as espoused by the central bank has not been that effective. In fact, last month the central bank decided to amend its monetary policy stance in order to enhance monetary policy transmission. Among the key reforms is to maintain an anchor rate which will have an interest rate corridor of 200 basis points margin, allowing for banks to determine their prime lending rates against the set anchor rate.
While the inflation rate only started to surge last year, Botswana’s economic wheels were already grinding slowly. Botswana’s real GDP, which tracks economic growth, has dropped from an average of 7.1 percent during 2005 – 2007 to an average of 6.4 percent during 2010 – 2012. This was followed by an average of 4.6 percent, and 3.9 percent during 2013 – 2015 and 2016 – 2018, respectively. Annual GDP growth dropped further to 3 percent in 2019 and contracted by 8.7 percent in 2020, the lowest level since the country gained independence.
With the GDP data for the last quarter of 2021 is yet to be published, the Finance and Economic Development officials are seeing a recovery in sight, estimating that the country’s economic growth will rebound to 9.7 percent, while the International Monetary Fund (IMF) has forecasted a growth of 9.2 percent. For this year, the ministry officials are forecasting GDP growth of 4.7 percent before slowing down to 4.4 percent in 2023.
As prices soar amid slow economic growth, unemployment rate has been surging. In the past six years, unemployment rate climbed from 17.5 percent to 26 percent in the last quarter of 2021. Even more worryingly, youth unemployment rose to 34.4 percent from 32.4 percent last year. The Botswana government remains the single largest employer, accounting for 22.9 percent of formal sector employment.
The high consumer prices alongside the weak economic growth and high unemployment have effectively put Botswana in a state of stagflation. What makes stagflation bad is that it is a difficult hole to get out of. This is because slow economic growth leads to an increase in unemployment, of which ordinarily should keep consumer prices low due to lack of demand. But when prices are actually rising amid slow economic growth, it creates a strain on consumer spending power, further weakening economic growth.


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An unknown party has managed to break into Volvo’s servers and steal confidential information. According to the car manufacturer, ‘a limited amount’ of data from the R&D department was stolen by the perpetrators. There are currently no indications that customer data has been obtained.
Volvo: ‘No personal data was stolen’
The Swedish carmaker does not provide many details about the data breach at the moment. For example, the company only says on Friday that “an unknown party” has illegally gained access to Volvo’s computer systems. Volvo is not sure who this ‘unknown party’ is. An initial investigation shows that ‘a limited amount’ of confidential data has been stolen from the Research & Development department. Then you have to think of research and development data from the manufacturer, perhaps for future models.
Volvo says it immediately took precautions when the data breach came to light. The automaker does not know what measures we should think about. All she wants to say is that the data breach “may have an impact on business operations”. We do know that Volvo has engaged a third-party cybersecurity company to investigate the theft of the data.
“With the information currently available, we do not believe the leak will affect the safety or security of customers’ cars or their personal data,” Volvo said in a statement.
Volkswagen and Audi also affected by data breach
Volvo is not the only carmaker to been the target of hackers in the past year. In June, unauthorized persons managed to steal the customer data of 3.3 million Volkswagen and Audi customers. The digital theft took place via a party that processes the data on behalf of Volkswagen. That company collected personal data from American and Canadian Volkswagen and Audi customers between 2014 and 2019. Soon after the attack, the data was put up for sale on the dark web for between $4,000 and $5,000.
The hackers managed to get their hands on a lot of personal data. In addition to first and last names, residential and e-mail addresses and telephone numbers, they also managed to retrieve license plate data. They also obtained dates of birth, identification numbers and information about sold cars from 90,000 customers. The attackers also managed to steal data about the financial housekeeping of customers. Customers provided this information to demonstrate their ability to purchase a car.
Volkswagen warned victims about phishing and identity theft. The car manufacturer advised victims to be alert to spam messages, especially if the sender asks for personal or confidential information.
Catch up on more articles here
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COMPANY NEWS; DANAHER BIDS $720 MILLION FOR DANISH EQUIPMENT MAKER
Published: December 12, 2003
Danaher , the maker of Craftsman tools, said yesterday that it had offered to buy Radiometer of Denmark for 4.4 billion kroner ($720 million) to gain access to technology used in treating the SARS virus. Danaher's DH Denmark Holding unit bid 460 kroner a share for Radiometer, 6.2 percent more than its closing price on Wednesday. Danaher is making its bid after Radiometer's chief executive, Johan Schroeder, indicated that an investment company he controls wished to sell its 33.9 percent stake. Danaher also said that it had agreed to pay $102.5 million in cash for the Gendex dental-imaging-equipment business of Dentsply International.


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Lacorine, the celebrated alpaca clothing and luxury accessories brand, is delighted to announce its attendance at two events in Hampstead this Summer – Big Fair 2023 at Hampstead Summer Festival and The Sunday Artisan Market.
Lacorine is excited to contribute to the magic of these two fairs with its unique, sustainable, and luxuriously handcrafted products as this beloved event returns after a three-year hiatus.
For the first time in three years, the Hampstead Summer Festival, which takes place on Sunday, 2nd July, will see Heath Street transform into an enchanting bazaar. Over 100 stalls will be brimming with artisan crafts, designer fashions, and delectable food and drink from around the world. The festivities include live music, a funfair and a children’s circus school. Entry to this community event is free.
Just a week prior, on Sunday, 25th June, Lacorine will also be partaking in the Sunday Artisan Market at the Hampstead Community Centre. The market champions independent designers and makers, providing an ideal platform for Lacorine to showcase its luxurious and sustainably crafted products. With a variety of quality artisan and independent stalls, the market offers an opportunity for attendees to pick up original artwork, clothing, ceramics, accessories, prints, and more. Complementing the shopping experience, the market cafe will offer delicious cakes and drinks for eager shoppers.
Lacorine prides itself on its commitment to the sustainable development of natural materials, keeping traditional Peruvian artistry alive. The company’s dedication to heritage and sustainability is mirrored in its beautiful range of alpaca furs and knits.
“We are excited to showcase our collection at the Big Fair 2023 and Artisan Market, where the emphasis on artisan craft aligns perfectly with our ethos,” said Antonia, the founder of Lacorine. “Each Lacorine piece encapsulates a rich cultural heritage, preserving traditional techniques while presenting a modern twist on sustainable luxury.”
As summer blooms, Lacorine’s best-selling Panama Hats become the talk of the town. Meticulously handcrafted by expert artisans from Ecuador and finished with an unmistakable Lacorine touch in their London design studio. These hats are a blend of fashion and tradition. Their diamond-patterned weave creates a lightweight and breathable hat, and with a wide brim to shield the sun, these hats have earned their spot as a summer essential.
“Our Panama hats are not just about style; they encapsulate a story of tradition, sustainability, and craftsmanship. This, combined with their practicality in the summer months, is why they continue to be a best-seller every season,” added Antonia.
Lacorine looks forward to meeting new and loyal customers at the Big Fair 2023 and The Sunday Artisan Market.


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Rocket League on PS4, Xbox One, PC, and Nintendo Switch is removing randomized crates, developer Psyonix has announced. The news was shared over on the game's official website with a brief post that didn't divulge too many details, but did shed some light on why Psyonix is leaving behind the lucrative system that was controversial among players, but never earned any widespread criticism.
"Here at Psyonix, and Epic Games as a whole, we are dedicated to creating the best possible experience for our players all over the world," writes the developer. "In pursuit of that goal, later this year we will remove all paid, randomized Crates from Rocket League, replacing them with a system that shows the exact items you’re buying in advance. This is similar to changes implemented earlier this year by the Fortnite Save the World team."
Rocket Pass Premium, DLC cars, and Esports Shop Items will not be impacted by this change, and will continue to be offered for direct purchase alongside the new system. As for when the new system will arrive, that information will be revealed in the coming months alongside more specifics.
For those that don't know: in the current system, you can purchase a key or multiple keys with real money. One key opens one crate, which there are a ton of. You can view the contents of each crate, but not the odds for each item within. When you open a crate, it's essentially a random spin for about a dozen items. Obviously, rarer items have lower odds. It's a classic random loot box system, one that isn't as egregious thanks to the game showering you with cosmetics just for playing.
That said, with an increasing amount of governments declaring this type of loot box as gambling and illegal, it's no surprise that Psyonix wanted to ditch it sooner rather than later. That, and like it said, it wants to do right by its fans, which is normally PR speak, but I actually believe it in this case.
Rocket League is available for PS4, Xbox One, PC, and Nintendo Switch. For more news, media, and information on the popular title, be sure to check out all of our previous coverage of it by clicking right here.


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Stores sign up to voluntary ban on acid sales to teenagers
Some of Britain's biggest retailers pledge to stop selling corrosive liquids to teenagers following a sharp rise in acid attacks.
Sunday 7 January 2018 11:09, UK
Sales of products containing dangerous levels of acids and corrosive substances have been banned for under 18-year-olds under a new voluntary government plan aimed at stopping acid attacks.
Some of the country's largest retailers including Wickes, B&Q, Screwfix and Tesco have signed the list of commitments, which include checking the age of buyers both in store and online.
Under the ban - which is not legally binding - the following products will not be sold to those under 18:
:: Products that contain 12% or above of sodium hydroxide, such as some drain cleaners and paint strippers
:: Any liquids with 10% or more of hydrochloric acid, which includes brick and patio cleaners
:: Products containing 10% or above of ammonium hydroxide and sodium hypochlorite, which includes many cleaning products.
Shops are also being recommended to comply with the Poisons Act and promote awareness to staff.
Minister for Crime, Safeguarding and Vulnerability, Victoria Atkins, said: "Acid attacks have a devastating impact on their victims, leaving both emotional and physical scars. I'm pleased that so many of the UK's major retailers are joining our fight to combat this scourge and signalling they are committed to selling acids responsibly."
The move has been welcomed by Jabed Hussain, who had a corrosive substance thrown in his face last summer.
He was one of five victims to be burned in London on a single night of attacks and told Sky News the attack hurt him both physically and mentally.
"I'm scared to get out of my house, I'm scared to go to see my friends, I'm totally different after the incident," he said.
He says more police are needed on the street to tackle the rise in acid attacks.
"The Government should go and chase them - who's doing this - the Government should provide enough police on the street and give them the power to chase them."
As well as national hardware and supermarket chains, smaller hardware stores are also being encouraged to sign up.
Alan Hawkins, CEO of the British Independent Retailers Association, told Sky News it is more of a challenge for smaller independent stores to control.
"It's harder for the smaller independents because if you're a larger company you're more likely to have computerised stocks and tills. On an independent level it is the shop owner who is going to have to understand the terms so it's about staff training."
Labour has welcomed the voluntary ban on under-18 sales - but Stephen Timms MP, who has led calls to do more to tackle acid attacks, says the Government must go further.
"I think what's happened is some people who're intent on committing crimes have worked out that it's less risky for them to do it with the help of an acid bottle that they're carrying than if they were carrying a knife or a gun because there are much clearer and stronger laws in place against carrying knives or guns than there are against carrying acid."
The Home Office says it is consulting on plans to make it illegal for under-18s to get hold of acids and an offence to carry such substances in public without good reason.


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- 5 Feb 2015:Samsung Electronics has appointed a new smartphone marketing chief, less than a month before the expected unveiling of its next flagship Galaxy S handset.
- 4 Feb 2015:
- 2 Feb 2015:
- Morgan Stanley analyst Joseph Moore commented on the rumor that BLX IC Design is interested in acquiring Advanced Micro Devices (AMD) and outlined some obstacles that may face a potential suitor for the company.
- 29 Jan 2015:Samsung has announced the first full-year revenue decline at its mobile division since 2006 - a 21% fall - analysts barely mentioned that business. They focused instead on the semiconductor arm.
- Qualcomm reduced its outlook for fiscal 2015, saying it expects its newest Snapdragon mobile chip will not be used in a major customer's flagship smartphone, sending its shares lower.
- 28 Jan 2015:Qualcomm is a great American technology company. But it has two weaknesses. First, its growth depends too much on two business segments - CDMA technologies and technology licensing. Second, it relies too much on the Chinese market to monetize these technologies.
- During Apple's quarterly conference call on Tuesday, CEO Tim Cook said Apple Watch development is on track and expects to launch the device in April, coming in just under the company's "early 2015" promise.
- Sony plans to cut around 1,000 additional jobs in its struggling smartphone division as it tries to bring its electronics business back into the black, sources said on Wednesday.
- 27 Jan 2015:Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, will cut its massive workforce, the company told Reuters, as the Apple supplier faces declining revenue growth and rising wages in China.
- Get details on how some telecoms have been able to increase revenue, thanks to real-time anticipatory selling propelled by big data analytics.
- Greenwave Systems launches research and development center focusing on Internet of Things technology, and plans to expand its headcount in the country by 50%.
- At the World Economic Forum, Google's Eric Schmidt is predicting that the Internet will disappear.
- 26 Jan 2015:
- IBM is expected to go through a massive reorg next month that will reportedly see 26% of its 430,000-strong work force let go, or 111,800 people.
- 25 Jan 2015:Samsung Electronics said it is considering a stock split, the latest signal that the company is willing to bend to demands from shareholders and regulators as its shares trade at more than US$1,200 each.
- 23 Jan 2015:
- 22 Jan 2015:
- 21 Jan 2015:Microsoft's Outlook email service was subject to a cyberattack over the weekend, just weeks after Google's Gmail service was blocked in China.
- Sony has reportedly decided to move toward an online-only retail format.
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just the Round-Up - The week in drinks
The week in drinks
The top ten stories published on just-drinks this week:
Diageo has said that its focus on Scotch whisky and premium white spirits will ensure that it outperforms rivals in key emerging markets in Asia, particularly China.
Britvic Ireland is to purchase Co Tyrone-based drinks wholesaler Quinn's from Tennents Northern Ireland.
Distell has acquired a significant stake in UK-based distributor BrandPhoenix in a bid to further strengthen its presence in the UK.
Diageo has lined up a US$9m advertising spend for the Ketel One vodka brand in the US.
Brown-Forman has tweaked the bottle shape for its flagship Jack Daniel's Old No 7 whiskey.
PepsiCo has launched a Latino music programme in the US that will see the soft drinks giant host a series of live Pepsi concerts across six states throughout the summer.
Thai Public Beverage Co (ThaiBev) has reported increases in both first-quarter sales and profits, but the group's beer business has remained in the red.
Constellation Wines Australia and Europe plans to expand its sales network in Eastern Europe as it seeks to establish itself in more wine growth markets.
Wine companies operating in Western Europe need to brace themselves for a fragile recovery in the region, according to Euromonitor.
ts of Europe and North America if consumer demand for beer continues to be weak.
Diageo's CEO, Paul Walsh, has again been heard to criticise UK Government tax policy for driving the company's top people abroad, but global drinks market trends look just as culpable....
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Visa launches contactless payment system at NHAI’s Manesar toll plaza
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New Delhi: In a move aimed at reducing congestion and waiting time of commuters at toll plazas, global payments technology firm Visa has launched a proof-of-concept (PoC) to showcase contactless toll payments at National Highway Authority of India’s (NHAI) Manesar toll plaza.
The company claims that the “open loop” contactless payments work on near-field communication (NFC) technology which allows the payments to be made with just a tap at the NFC-complaint terminal.
NFC is a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone or a card, to communicate with each other when they are within 4 cm.
“Visa payWave, our contactless payment technology allows users to simply wave and pay using a card or devices like smartphones and is relevant for all modes of transport—metros, buses, and the railways—as our experience with transport for London has shown,” said T.R. Ramachandran, Visa’s group country manager, India & South Asia, in a statement late on Monday.
Currently, only IDFC Bank has partnered with Visa for the first-of-its-kind open loop toll payment in India. Once commercialized, the participating banks will issue the new contactless cards and the existing cards will also get upgraded over a period of time.
Commenting on the launch, Rajiv Lall, founder managing director and chief executive officer, IDFC Bank, Visa’s acquirer bank partner, said, “Once commercialized, the solution will empower travellers to use all bank-issued contactless cards to make toll payments in seconds.”
NHAI operates around 400 toll plazas across India’s national highways through which more than 20,000 vehicles pass each day. With vehicles queued up for an average of 5-10 minutes to complete a toll payment, congestion and waiting time at toll plazas account for a significant portion of the $21.3 billion (comprises $6.6 billion in cost of delay and $14.7 billion in additional fuel spent) that India is estimated to lose each year, according to a study by Visa.
This PoC takes forwards the Reserve Bank of India’s (RBI) Payment Vision 2018 of moving India to a less-cash society. According to the RBI, toll collections are largely cash based, and efforts to migrate to electronic payments have been sporadic and isolated. As a result, India has a range of different toll collection systems across the country, not only causing confusion and inconvenience to commuters, but also pushing them further into cash payments.


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The Latest from 360pi
360pi speaks to the key takeaways from the Intelligent Pricing and Merchandising session at Shoptalk.
In the hardware and home improvement market, two of 360pi’s customers – Ace Hardware and Build.com – are not simply surviving, but thriving against the dual threat of Amazon and big box rivals.
In the wake of Google’s new GTIN requirements, retailers and brands need to prepare themselves using this step-by-step guide to compliance.
Join us for an exciting session providing exclusive insight into how retailers are using pricing and assortment strategies to compete with online e-commerce giants who are swallowing the future of retail as we know it.
360pi addresses why Amazon Prime Day seemed like such a flop, while encouraging retailers to take advantage of this missed opportunity with shoppers.
360pi highlights just how competitive the retail market is when they delve into how many products Amazon really sells in their latest infographic.
360pi is attending the 2015 Consumer Goods Sales and Marketing Summit and is offering brands new strategies towards succeeding online across all channels.
360pi outlines why having different vendors for your price intelligence and price optimization tools is critical for your retail strategy.
While many retailers and brands are developing traction in their market through the use of price intelligence, it’s important for them to take a few factors into consideration.
Let’s see what has happened to toys pricing post-Black Friday, with only a few more days left before Christmas.


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Facebook, Twitter apps come to Glass, Google's wearable computer
SAN FRANCISCO (Reuters) - Social networking services Facebook Inc (FB.O) and Twitter are coming to Google Glass, the wearable computer made by the Internet search company.
Google Inc (GOOG.O) announced on Thursday a half-dozen apps specially designed to work on its Glass devices. News network CNN, fashion magazine Elle, as well as online apps Tumblr and Evernote were among the half-dozen new apps for Glass unveiled during Google's annual developer conference in San Francisco.
Google Glass is a stamp-sized electronic screen mounted on the left side of a pair of eyeglass frames which can record video, access email and messages and retrieve information from the Web.
Google began distributing the devices last month to a limited number of developers, but it has yet to specify when a version will be available for consumers or at what price.
The futuristic-looking devices have been a common sight at the Google conference this week, with many of the attendees and staffers wearing Glass. But Google executives gave Glass short shrift during the more than three-hour keynote talks on Wednesday, barely mentioning Glass among the litany of new products and services discussed on stage.
(Reporting By Alexei Oreskovic; Editing by Kenneth Barry)
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Price Peaks in Transportation
EghtesadOnline: The average goods and services Consumer Price Index of transportation increased by 51.5% in the 12-month period ending Sept. 21, which marks the end of the sixth Iranian month, compared with the similar period of the year before.
Transportation marks the highest rise among 12 groups of the basket of consumer goods and services purchased by households.
With a coefficient of 9.41%, the CPI of transportation stood at 323.2 in the month, indicating an 8.4% increase compared with the month before–also the highest among the 12 groups under review.
The index registered a year-on-year increase of 80.8%, again the highest among the 12 aforementioned groups, according to the Statistical Center of Iran.
The overall average goods and services Consumer Price Index in the 12-month period ending Sept. 21 increased by 26% compared with the corresponding period of last year, latest data released by the Statistical Center of Iran show.
SCI had put the average annual inflation rate for the preceding Iranian month that ended on Aug. 21 at 25.8%.
The consumer inflation for the month under review (Aug. 22-Sept. 21) registered an increase of 34.4% compared with the similar month of the previous Iranian year. The year-on-year inflation of the month was 30.4%.
The overall CPI (using the Iranian year to March 2017 as the base year) stood at 244.3 last month, indicating a 3.6% rise compared with the month before. Month-on-month consumer inflation was 3.5% for the preceding month (July 22-Aug. 21.)
SCI put average annual inflation for urban and rural areas at 26.1% and 25.4%, respectively.
CPI registered a year-on-year increase of 34.5% for urban areas and 34.1% for rural areas in the month ending Sept. 21.
The overall CPI reached 243.1 for urban households and 251 for rural households, indicating a month-on-month increase of 3.6% and 3.5% for urban and rural areas, respectively.
The 12 groups of the basket of consumer goods and services purchased by households surveyed by the SCI include "food and beverages" with a coefficient of 26.64%, "tobacco" with a coefficient of 0.59%, "clothing and shoes" with a coefficient of 4.78%, "housing, water, electricity, natural gas and other fuels" with a coefficient of 35.5% (highest), "furniture, home appliances and their maintenance" with a coefficient of 3.93%, "health and treatment" with a coefficient of 7.14%, "transportation" with a coefficient of 9.41%, "communications" with a coefficient of 2.87%, "leisure and culture" with a coefficient of 1.65%, "education" with a coefficient of 1.86%, "hotels and restaurants" with a coefficient of 1.44% and "miscellaneous items and services" with a coefficient of 4.18%.
Slowly Recovering From Coronavirus
The transportation sector’s recovery from the shock of coronavirus has gathered pace in the past couple of months, says Mohsen Sadeqi, a senior official with the Ministry of Roads and Urban Development.
“The number of transported passengers from Feb. 20 to Aug. 21 declined by 45% compared with pre-pandemic levels. Revenues dropped by 10,000 billion rials [$41 million] and the number of intercity journeys by using different means of transportation decreased by 30%. A total of 73 million passengers traveled over the same period of last year, which has now plummeted to 40 million. The number of trips has fallen to 5.2 million from 7.4 million year-on-year,” he was quoted as saying by Coronomy.ir.
“However, the number of transported passengers increased by 10% on a month-on-month basis from the month ending June 20 to the month ending Aug. 21. People are now travelling more, but generally, it is down 45% compared with the year-ago levels.”
Referring to the importance of social distancing while travelling, Sadeqi said, “Passenger seating capacity of each bus stood at 21 people last year; it is down to 13-14 people now. The occupancy rate has decreased from 65% to 43% this year.”
On the impact of coronavirus on air travel, the official said there were a total of 790,000 international passengers and 1.63 million domestic passengers in the month ending April 20, 2019, while this year’s same month saw 21,000 international and 422,000 domestic passengers, i.e. one-40th or 2.5% of international passengers [97.5% decline] and a 75% decrease in the number of domestic passengers last year.
“International air passengers stood close to 21,000 in the month ending May 20, 31,000 in the month ending June 21 and 54,000 in the month ending July 21 compared with 620,000 in the month ending May 21, 2019, 807,000 in the month ending June 21, 2019, and 1.01 million in the month ending July 22, 2019,” he said.
“The number of domestic air passengers is also on the rise: 1.06 million passengers travelled to local destinations in the month ending July 21. Although the figure is markedly lower than last year’s 1.7 million, it shows some improvement compared with a few months back. The number of domestic flights in the months ending May 21 and June 21, 2019, stood above 1.52 million and 1.64 million, respectively. It dropped to 798,000 and 924,000 in the same months of the current year.”
Noting that local airlines and Iran Airports Company have sustained massive losses following the outbreak of coronavirus, he said, “By giving loans, the government is trying to keep Iran’s 14 airlines from collapsing. For example, IranAir [the country’s flag carrier airline] has received 5,000 billion rials [$17 million] in loans. Mahan Air will receive 4,200 billion rials [$14 million], Iran Aseman Airlines and Qeshm Air each will get over 1,000 billion rials [$3.44 million] and Taban Air will receive between 600 and 700 billion rials [$2-2.37 million] in loans."
According to Sadeqi, after tourism, transportation took the biggest hit from the pandemic, making it a priority to receive government aid.
The government has approved a 750 trillion-rial ($2.5 billion) package to help low-income households and struggling businesses impacted by the rapidly spreading coronavirus. The loans will be given to small- and medium-sized enterprises hit hard by the pandemic, according to the website of the Central Bank of Iran.
“The lending rate for the government aid package will be 12% to be repaid within two years,” Abdolnasser Hemmati, the CBI governor, said.
Commenting on the interest rate, Hemmati said it is reasonable, given the high inflation rate in the country.
“Even if banks set 18% interest on loans, the real interest rate would still be negative when compared to annual inflation … Any rate below 12% would apparently impose further financial strain on banks,” he said.
The CBI chief said only businesses that did not lay off workers during the corona crisis would be eligible for the loans, while instructing banks to process the loans soon and cut red tape.
Hemmati noted that rail companies were also badly damaged by coronavirus pandemic.
“The number of rail passengers stood at 2.3 million in the month ending April 20, 2019, 2.3 million in the month ending May 21, 2019, and 2.4 million in the month leading to June 21, 2019. These figures reduced to 100,000 passengers, 300,000 passengers and 700,000 passengers in the corresponding months of the current year. The number of rail travels reached 800,000 in the month ending July 21 compared with 2.7 million of the last year’s similar month,” he concluded.


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Sears narrows quarterly loss, plans to sell assets over next 12 months
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Sears Holdings Corp. reported an annual sales decline for the sixth year in a row, but the company’s quarterly losses narrowed dramatically from last year’s numbers.
Bloomberg reported that Sears (NYSE: SHLD) went from a $2.4 billion loss one year ago to a $489 million loss for the quarter, while revenue fell 1.8 percent to $12.3 billion. Bloomberg quoted an analyst saying that while those aren’t particularly good numbers, considering where the company was a short time ago, they are encouraging. While the company’s shares saw an initial bump in morning trading, they’ve since fallen, down 2.7 percent to $46.16 later in the morning.
The Associated Press added that Sears mainly attributed the revenue drop to spinning off the Sears Outlet and Sears Hometown brands. The AP also noted that Sears’ online business saw a 25 percent rise in sales.
Earlier this year, the company announced that its CEO, Louis D’Ambrosio would step down due to a family health issue, and that hedge fund manager Edward Lampert, Sears’ chairman and the driving force behind its merger with Kmart, would become the new chief executive. Inexperienced in retail, Lampert has been the focus of criticism, exemplified by an analyst Reuters quoted who said Sears has problems at the top of its management.
Looking forward, Reuters also said the company plans to sell assets over the next year, perhaps generating as much as $500 million, a move hat may give new credence to the belief that Lampert is pushing Sears’ retail properties through a “slow-motion liquidation”.
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Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today.
Accessory maker Logitech today is announcing the launch of a new Create backlit keyboard case made specifically for the 9.7-inch iPad Pro.
It’s just like the Create keyboard case Logitech came out with for the original 12.9-inch iPad Pro, except it’s tailored to the size of the tablet’s younger, smaller sibling. The new version costs $130, $20 less than the Logitech keyboard for the original iPad Pro.
The new keyboard case hooks up to the iPad Pro’s three-dotted Smart Connector, so you don’t need to worry about charging it, and it includes a holder for the Apple Pencil, which Apple sells independent of the iPad Pro, according to a statement from Logitech. It even has hardware keys brightening and dimming the display and the keyboard, controlling music that’s playing, and locking the iPad.
With these features, the Logitech keyboard product may be more appealing than Apple’s own Smart Keyboard for the 9.7-inch iPad Pro, which costs $149. Griffin, Zagg, and other companies also offer keyboard cases that accommodate the tablet. Last month, Razer announced a mechanical keyboard for the 12.9-inch iPad Pro, but the company hasn’t announced plans to come out with a similar model for the smaller iPad Pro.
The Create is available now from both Apple and Logitech.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.


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The strong take-up by customers is mostly attributed to the introduction of innovative Mobile Money products that have improved the value perceptions with customers such as the newly launched MTN Tap&Pay service, the exciting offers during the Mobile Money Month, as well as increased mobile phone penetration in the country contributing to the growth of active customers.
MTN Rwanda today issued a cheque worth Rwf 13.8 million to sponsor students in Kigali City that have dropped out of school due to lack of funds. The cheque was received by the Mayor of Kigali, His Worship Fidele Ndayisaba at the City of Kigali Offices in Nyarugenge. Speaking at the handover ceremony, MTN’s Chief Financial Officer, Ms Peris Kahuko, re-emphasised the organisation's commitment to the development of education and its continuous support for projects and events aimed at improving learning.
MTN Rwanda staff led buy MTN CEO, Ebenezer Asante, joined Rwandans and the world by paying respect to the victims of the 1994 Genocide against the Tutsi, when they visited Nyarubuye Genocide Memorial Site in Kirehe on Friday, 17th April.
Recognising quality, innovation and collaboration among its trade partners, MTN Rwanda on 16th January held its first ever annual Trade Partnership Awards that were presented to outstanding trade partners at Kigali Serena Hotel.
Johannesburg – MTN is launching its latest multi-channel global brand campaign, which pronounces the mobile operator’s bold views on the potential of emerging markets.
MTN Rwanda today announced continued financial support for the free operations of Rwandan children and adults born with cleft lips and cleft palates. MTN committed another $10,000 for this year’s operations only.
Entrepreneurs have potential to earn up to Rwf30,000 per month in revenue from the ‘Comeka ReadySet’
Discover more about our African and Middle Eastern operations. Learn about the wide range of products or services and tailored customer-specific solutions we offer.


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When Crave last checked up on the $6,799 Canon EOS-1D X dSLR in February, the company suggested a "late April" release date for the powerhouse camera. The EOS-1D X still shows as unavailable to consumers at major retailers, so it appears Canon made quite a misjudgment with that original claim.
Fortunately, the Japanese imaging giant announced today that June 20 stands as the official release date for the 18-megapixel EOS-1D X. That doesn't mean that everyone who wants the latest and greatest Canon can get one, though. … Read more


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Popular Fortitude Valley burger joint Ben’s Burgers is expanding to West End — kind of.
In truth, the team behind Ben’s Burgers has long had a second store in West End — it was called The Bleachers.
After the success of Ben’s Burgers’ UberEATS launch, however, and to keep up with demand on both sides of the river, the Bleachers branding is being done away with, and both stores will now trade as Ben’s Burgers.
“As a collective we want to focus on maintaining a quality product whenever and wherever you want it,” owners Ben and Nick Chiu said in a statement.
“Our dine-in and take-out experiences will be refined and delivery will be available seven days a week.”
Both stores will now carry the simple Ben’s Burgers menu, with its famous “no menu alterations” rule.
You’ll find Ben’s Burgers at 5B Winn Lane, Fortitude Valley, and 153 Boundary Street, West End.


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McDonald’s has closed all of its “restaurant” franchises in Bolivia. They are now the first Latin American country to not have the artery tightening fast- food chain. Hold on one minute! Did we turn back time? Unless McDonald’s shut down time as well, I believe this happened already in 2002.
However, according to Hispanically Speaking News Bolivians were lining up to grab McDonald’s last hamburgers on Saturday.
McDonald’s served its last hamburgers in Bolivia Saturday at midnight, after announcing a global restructuring plan in which it would close its doors in seven countries with poor profit margins.
Andrew Grimm, from Skeptics.com, vetoes the website’s allegations, stating that he suspects the article was a publicity stunt to promote the new 2011 documentary, “Por que quebró McDonald’s en Bolivia?” supposedly made by McDonalds. He also states:
There seems to be no evidence that the film was made by “the company’s Creative and Marketing staff,” but rather by Bolivians with an anti-globalization message.
Two articles were written by the BBC and USA Today in 2002, which sound very similar to the article written by Hispanically Speaking News. Also, the video posted below the article, only talks about the documentary and nothing about McDonald’s closing their doors just two days ago. Plus no other big publication is covering this “breaking news.”
Either HSN is eight years behind or they clearly and knowledgeably tricked us. But hey at least they have gotten some coverage for the documentary.
Let us know! Te sientes McTraicionado?
Image Credit: Hispanically Speaking


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A 34-year-old man lost his car worth around Rs3 lakh while trying to transport from Mumbai to Mathura. According to the MRA police, Devang Chhawda had brought his father-in-law's four-wheeler to the city, which he intended to send back. In the same regards, he started looking for vehicle shipping service on the internet and came across a website named logisticmart.
The car had to be sent from Mumbai to Mathura through a courier company, for which a person searched on Google and made the booking. People from the company came and took away the car. Subsequently, a total of Rs 9,500 was taken from the complainant in the name of car delivery, but the car was not delivered.
Details of case
As per information received from Mata Ramabai Ambedkar (MRA) Marg police, the complainant, Devang Chhawda (34), reported that he had brought his father-in-law's Skoda Rapid company car to Mumbai for personal use, and this car was intended to be sent back to Mathura.
A police officer mentioned that when Chhawda searched on Google to send the car to Mathura, he found a website named http://www.logisticMart.com. After registering on it, Chhawda was informed that his car would be sent to Mathura through Blue Dart Express Ltd, and for this service, he was required to pay Rs 10,000.
On November 16, an individual named Mohammad Irfan Rizwan Shaikh arrived and took the car from Chhawda. Later that evening, a video was sent to Chhawda via WhatsApp from the number claiming to be associated with Blue Dart Express Ltd, showing his car being loaded into a container. Following the video, Chhawda was asked to make a payment and subsequently paid Rs 9,500 through Paytm.
The next day, a bill of Rs 39,270 was sent to Chhawda, demanding an additional charge. When Chhawda questioned the reason behind the extra charge, he did not receive a satisfactory answer. He demanded the return of the car.
A police officer stated that Chhawda became suspicious when asked for extra charges and visited the address written on the bill, only to find no office at that location. Chhawda visited the website of Blue Dart Express Ltd and found negative reviews, indicating that the company might be fraudulent.
FIR registered with the MRA Marg police
Upon realizing that he was deceived, Devang Chhawda filed a complaint with the MRA Marg police. Subsequently, the police registered a case under IPC sections 406, 419, 420, 465, 467, 474, and IT Act 66(d) and are currently investigating the matter.


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Tesla (TSLA) announced today (August 7) that CFO Zachery Kirkhorn has stepped down after four years in the position and thirteen years with the electric carmaker. He was succeeded by Vaibhav Taneja, Tesla’s chief accounting officer, as of August 4, the company reported in a Securities and Exchange Commission filing.
Kirkhorn’s departure is as abrupt as his appointment was four years ago. A graduate of the University of Pennsylvania, Kirkhorn joined Tesla in 2010 as a senior analyst in the finance department. He rose through the ranks to finance director and was appointed CFO in 2019 at age 34, replacing his supervisor and Tesla’s longtime financial chief, Deepak Ahuja.
It was Kirkhorn’s first time serving as CFO of a public company. He’d previously worked at Microsoft and the consulting firm McKinsey & Company.
Tesla CEO Elon Musk announced Kirkhorn’s appointment on a quarterly earnings call in January of 2019, surprising analysts and sending company shares down 5 percent just minutes after.
But Tesla’s business began soaring soon. The cash-burning electric carmaker turned a profit for the first time in the second quarter of 2020 and has been consistently profitable under Musk’s and Kirkhorn’s leadership.
Kirkhorn also oversaw Tesla’s cryptocurrency investment. He added “Master of Coin” to his job title in early 2021, shortly after Tesla disclosed a $1.5 billion investment in Bitcoin.
“During his tenure, Tesla has seen tremendous expansion and growth. Tesla thanks Mr. Kirkhorn for his significant contributions,” Tesla said in today’s filing, adding that Kirkhorn will remain with the company through the end of the year to support a smooth transition.
“Being a part of this company is a special experience and I’m extremely proud of the work we’ve done together since I joined over 13 years ago,” Kirkhorn wrote in a LinkedIn post today. “I want to thank the talented, passionate, and hard-working employees at Tesla, who have accomplished things many thought not possible.”
Kirkhorn’s replacement, Taneja, 45, has been Tesla’s accounting chief since 2019. Previously, he served as the company’s corporate controller and assistant corporate controller. Before joining Tesla in 2017, Taneja was an accounting executive at SolarCity (acquired by Tesla in 2016) and PricewaterhouseCoopers in India and the U.S.


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With the Battle of Haywood county fast approaching, Tuscola high school has announced ticket sale plans for next week’s football game between Tuscola and Pisgah.
Starting on Saturday, Aug. 31, single-game, general admission tickets will be sold for $7 each at Bob’s Sport Store, Pioneer Feed & Seed, and Hometown Hardware (Waynesville & Canton locations).
Starting Tuesday, Sept. 2, single-game, reserved seat tickets will go on sale at for $10 each, and can only be purachsed at Tuscola high school. Tickets can also be purchased at Pisgah high school starting Tuesday.
The game will kick off at Weatherby football stadium, Friday, Sept. 6 at 7:30 p.m.


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Chris Hondros/Getty Images
An adult video store in New York.
An adult video store in New York. Chris Hondros/Getty Images
The adult entertainment industry doesn't make cars or loans, but porn mogul Larry Flynt thinks Congress should help it weather the economic crisis.
"The porn industry needs a bailout, people, with the economy as sad as it is, trying to make their mortage payments, they're just bewildered at what confronts them, so they don't even think about sex," the founder of Hustler magazine says. "So I think it's time for the government to step in and rejuvenate the libido and enjoy the one thing that's left that's still free."
Sales of adult DVDs have been positively flaccid for the past two years — down about 22 percent and falling, according to industry figures. Blame the impact of the Internet, and now the recession. So earlier this week, Flynt and Girls Gone Wild creator Joe Francis sent a formal request to Congress for a $5 billion bailout.
Most people in the adult entertainment industry dismiss the request as a publicity stunt, but they do agree that the recession is hurting business.
"The economic downturn has affected everybody," says Steven Hirsch, the CEO of Vivid Video. "People simply don't have as much money as they used to. The guy who used to spend $100 on adult content is now only spending $50."
Hirsch is a second-generation adult entertainment producer. He started working for his father when he was 19. In its 25 years, Vivid has become an industry giant, bringing adult stars such as Jenna Jameson to the screen, and distributing sex tapes of celebrities such as Pam Anderson and Kim Kardashian.
But even those names don't sell like they used to. To keep his business competitive, Hirsch is joining standard elements to new technology, like an interactive video that allows the viewers — typically men — to control the leading lady.
"You can change the storyline, and you can basically tell her what to wear, what to say and what to do," Hirsch explains.
This may or may not be every man's fantasy, but Hirsch believes video on demand will be the future of adult entertainment. The Internet, he says, has changed everything. Free sites like YouPorn.com are stripping clients away from DVD sales. Hirsch is working to stay profitable.
Several miles away from Hirsch's sleek offices, Jax Smith, the CEO of SugarDVD, is on his third Internet venture. SugarDVD was his first. In seven years, the business has grown into the adult-entertainment version of Netflix. He's made money every year. For Smith, the passion comes not in the product itself, but in marketing it.
"We might as well be selling peanut butter here," he jokes, "as long as there was something there was a niche for, and we could do well at it."
Maybe, but peanut butter jars don't have these kinds of titles on their labels: Who's Your Daddy 7, Slutwoman, Chicka Boom 32 X.
Smith initially hoped he would find veteran partners for joint ventures, but says the old guys are slow to adopt the new technology and turned him down. Trust is hard to come by in the porn industry.
Smith has moved ahead, regardless, using technology to enhance distribution, and has diversified his offerings to include sex toys and high-quality video-on-demand to make up for DVD losses. He predicts that the recession that is squeezing his colleagues will boost his own business. That's one of the few times this year you'll hear anyone express gratitude for an economic downturn.
And what about those "old guys" who turned down the chance for collaboration? Four of their businesses went belly-up, and Smith is planning to buy them later this year.


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Meetings technology company Cvent has released its third annual list of the top 100 hotels for meetings in the United States, it announced today.
Based on activity on the Cvent Supplier Network, the company's online marketplace of meeting venues, ranking were determined by numerous criteria, including total requests for proposals (RFPs), awarded RFPs, total room nights, awarded room nights, major metropolitan area (MMA) market share, conversion rate, and the hotel's unique profile visits.
"Hotels are aggressively competing for group business, which can be a substantial part of their revenue mix and more profitable than leisure or transient business travel," Bharet Malhotra, senior vice president of sales for the Cvent Supplier Network, said in a statement. "This year's list has a number of changes throughout the top 100, including 18 new properties that knocked some off of last year's list. Hotels are constantly investing in upgrades to their meeting and room space as well as their capabilities for supporting meetings and events."
Among this year's top 100, the top 10 were:
1. ARIA Resort & Casino (Las Vegas) (pictured above)
2. Gaylord Opryland Resort & Convention Center (Nashville)
3. The Venetian and Palazzo Resort, Hotel & Casinos (Las Vegas)
4. Omni Nashville Hotel (Nashville)
5. Hyatt Regency Chicago (Chicago)
6. Hilton San Diego Bayfront (San Diego)
7. Gaylord Texan Resort & Convention Center (Grapevine, Texas)
8. Hilton Anatole (Dallas)
9. Fontainebleau Miami Beach (Miami)
10. The Cosmopolitan of Las Vegas (Las Vegas)
Last year's top hotel was the 2,019-room Hyatt Regency Chicago -- which jumped 55 places from 2013 -- while the prior year's was The Peabody Orlando.
For the complete list of Cvent's Top 100 Meeting Hotels in the United States, visit cvent.com


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Over the next five years, Nordstrom is taking a number of steps aimed at making the world a better place.
The Seattle-based retailer today published its 2025 Corporate Social Responsibility goals — with the overarching aims of becoming more sustainable, driving positive labor practices and philanthropically supporting the communities it serves.
“As a company, we believe the impacts we have on our employees, customers and communities extend well beyond the walls of our stores,” wrote Pete and Erik Nordstrom in a letter. “The idea that we have a role to play in building and shaping a positive, more inclusive and sustainable future isn’t new to us, but it’s become more important than ever.”
In terms of sustainability, Nordstrom hopes to halve the single-use plastic used in its value chain by 2025, as well as to help customers extend the life of 250 tons of clothing through donations and to take back 100 tons of beauty packaging to ensure it’s recycled. What’s more, the retailer plans to contribute $1 million in grants to support industry innovation for textile recycling, along with $250,000 in grants toward slowing and preventing climate change.
Toward driving positive labor practices, Nordstrom hopes to disclose traceability to the factory for 90% of Nordstrom Made products by 2025. In addition, the company’s goal is to produce 90% of those products in factories that invest in women’s rights and to ensure that all Nordstrom Made strategic suppliers receive a living wage.
With regard to corporate philanthropy, Nordstrom plans to invest more than $50 million in communities where it operates, as well as raise $5 million each from its Treasure & Bond give-back brand and from cause-marketing campaigns for core partners that support families. Nordstrom also wants its employees to get in on the action: The retailer aims to increase employee participation in its charitable match program to 20% annually and to boost employee volunteer hours to 250,000 per year.
“We can and must do more and we’re continually pushing ourselves to be a better company,” Pete and Erik wrote. “With these commitments, we’re taking a more aggressive stance to make meaningful progress not only on environmental sustainability, but also human rights and corporate philanthropy.”
While there are still several months to go in 2020, Nordstrom has already hit or surpassed a number of the benchmarks it set for the year. The company has increased clothing donation by 42% over the past two years, as well as achieved 100% pay equity for employees. What’s more, the retailer has exceeded its goal of sourcing 90% of its energy from renewables in deregulated markets where it has flexibility to chose energy sources.
Nordstrom Deals to Shop Now: Madewell The Skylar Slide Sandal
Slip-on these trendy tie-dye sandals from Madewell. The casual shoe is now 60% off on Nordstrom.com. Perfect for wearing around the house or running errands, the Skylar Slide Sandal is both casual and versatile.


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Mattel Receives New Coverage from Analysts at Piper Jaffray (MAT)
Analysts at Piper Jaffray initiated coverage on shares of Mattel (NYSE: MAT) in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating on the stock.
The analysts wrote, “The value inherent in the company today is tied in large part to one of the strongest portfolios of brands in the children’s products industry and the revenue expansion potential derived from brand permission to extend into other children’s products categories and entertainment venues. The company is currently at peak margin, near 18% on a blended basis, having improved significantly from 9% in 2008.”
A number of other analysts have also recently weighed in on MAT. Analysts at Zacks reiterated a “neutral” rating on shares of Mattel in a research note to investors on Tuesday, April 23rd. They now have a $46.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Mattel from $39.00 to $41.00 in a research note to investors on Thursday, April 18th. They now have an “equal weight” rating on the stock. Finally, analysts at B. Riley raised their price target on shares of Mattel from $47.00 to $53.00 in a research note to investors on Thursday, April 18th.
Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Mattel presently has an average rating of “Buy” and an average target price of $45.91.
Mattel (NYSE: MAT) traded up 1.33% on Monday, hitting $46.42. Mattel has a 52-week low of $30.15 and a 52-week high of $45.37. The stock’s 50-day moving average is currently $42.83. The company has a market cap of $16.033 billion and a price-to-earnings ratio of 19.92.
Mattel (NYSE: MAT) last issued its quarterly earnings data on Wednesday, April 17th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. The company had revenue of $995.60 million for the quarter, compared to the consensus estimate of $986.45 million. During the same quarter last year, the company posted $0.06 earnings per share. Mattel’s revenue was up 7.2% compared to the same quarter last year. Analysts expect that Mattel will post $2.82 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, June 14th. Investors of record on Thursday, May 23rd will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Tuesday, May 21st.
Mattel, Inc. (NYSE: MAT) designs, manufactures and markets a variety of toy products worldwide which are sold to its customers and directly to consumers.
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Visibility Report 2021
With the 2021 holiday season just around the corner and global supply chains in complete gridlock, retailers have quite the task on their hands—getting a solid view of the products they have in the pipeline, from the source to the store.
For that to happen, it’s going to take an effort that embraces new technologies and mindsets, as well as a willingness to understand where problem areas lie. Fortunately, merchants have taken note of current events today, with a CGS study saying that supply chain visibility is the second biggest priority for brands in 2021 under managing product quality and costs.
Whether it be shop floor control technologies, PLM solutions, assortment planning technologies or supply chain communication platforms, brands have plenty of opportunities to bolster their digitization capabilities today, and don’t have an excuse anymore to stay on the sidelines.
But supply chain visibility isn’t just necessary to improve the customer relationship. It is now essential for the employees who work across the chain, whether in a distribution center or in an overseas factory. Traceability and mapping solutions are vital to learning how products are made, and more importantly, how workers are treated during the production process. Plausible deniability is no longer an acceptable alternative whenever actors across the supply chain act irresponsibly.
Download the report to learn:
- Where CEOs say the biggest priorities must be made in supply chain improvements
- The steps retailers and brands can take to achieve shop floor visibility
- How to evaluate factory productivity on a local and global level
- Why AI-driven technology adoption is vital to inventory management
- How Star Garment has benefited from CGS’s Shop Floor Control Technology
To view report, please fill out this form:


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Xiaomi accelerates in EV race, debut with high-tech Xiaomi SU7 Sedan
December 29, 2023 12:23 pm
December 29, 2023 12:23 pm
Tech giant unveils sleek, smart EV integrating HyperOS, drawing inspiration from Tesla’s advanced automotive systems.
Xiaomi is set to make a groundbreaking entry into the electric vehicle (EV) market, marking a significant milestone for the tech giant. The company has shared a teaser on various social media platforms, providing a sneak peek into their inaugural passenger car, the Xiaomi SU7—an all-electric sedan embodying the essence of speed with the ‘SU’ denoting Speed Ultra.
Lei Jun, the Chief Executive Officer of Xiaomi, unveiled the first official image of the upcoming Xiaomi SU7 on the X platform (formerly Twitter). In the accompanying caption, he welcomed the Xiaomi SU7 with the words, “Hello, Xiaomi SU7. Welcome to Human x Car x Home,” alluding to the car’s seamless integration with smartphone and smart home accessories. The vehicle is confirmed to operate on Xiaomi’s proprietary HyperOS operating system, underscoring the brand’s commitment to intelligent technology.
The teaser poster provides a visual glimpse of the Xiaomi SU7 in an elegant grey hue, featuring a classic sedan-style design. The car is adorned with distinctive five-spoke alloy wheels fitted with Michelin tires, each wheel cap proudly displaying the iconic Mi logo. Notably, the side-view mirror incorporates a camera, reminiscent of the innovative design seen in Tesla cars.
Xiaomi has announced the hosting of its inaugural EV launch event outside China, named “Stride,” scheduled for December 28. The three-hour event, commencing at 2:00 pm Beijing time (11:30 am IST), will focus exclusively on the technological aspects of Xiaomi’s pioneering electric car. Contrary to expectations, no product releases are anticipated during the event. The company remains tight-lipped about the technical specifications of the SU7, currently undergoing trial production and slated for a domestic market release in the coming months. While pricing details remain undisclosed, Lei Jun has assured potential consumers that it will “exceed your expectations.”
There is speculation that Xiaomi may unveil multiple models, potentially including the Xiaomi SU7, Xiaomi SU7 Pro, and Xiaomi SU7 Ultra, each offering distinct ranges and features. The baseline model, Xiaomi SU7, is anticipated to achieve a speed of 210 km/h, while the higher-end SU7 Max variant may boast an impressive top speed of 265 km/h. As Xiaomi ventures into the electric vehicle landscape, the industry awaits the unveiling of these innovative offerings, poised to make a lasting impact.


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What would you do with $97 billion in cash? While we may never know, Apple is currently pondering that question. This graphic explores some unique comparisons to put the world’s most valuable public company into perspective. Perhaps more money doesn’t necessarily mean more problems. Enjoy!
Tag Archives: iPad
Tech: Apple releases an earnings Report. Wowzers! $$$
For the last 3 Months, Apple Net’d $46.33 billion in total with $13.06 billion earnings! That is damn Near Double from the Same time last year, and they’ve grown by 26%. Here are the products they sold to make that kinda
37 million iPhones, 15.4 million iPads, 15.4 million iPods and 5.2 million Macs, 1.4 million. That’s Just in the last 3 months. Imagine What Apple’s gonna Do Next Year this time!!! Full press release after the jump.
#GWOP Report: Top 10 iPhone/ iPad Apps
Mobile apps are extremely popular and trendy this year, Apple iPhone/iPad products accounted for 10% of Black Friday sales last week. GWOP Magazine staff has created a guide for all new Apple iPhone/iPad users as of what apps to download as soon as you step into the Mac world. (Some apps are also available on android devices) Checkout the full list after the jump.
“Design is not just what it looks like and feels like. Design is how it works”
-Steve Jobs, (1955-2011)
#GWOP Tech: 1 in 3 Online Consumers to use a tablet by 2014
90 Million Americans will use a tablet or iPad by 2014
Tablet devices, in their current incarnation, have only been available for a couple years, but the iPad has propelled them to rapid increases in ownership and usage. eMarketer estimates that by the end of 2011, 33.7 million Americans will use a tablet device at least monthly—a rise of 158.6% over last year, the year the iPad was released.
Growth will slow to double digits beginning in 2012, but the number of users will rise to nearly 90 million, or 35.6% of all internet users, by 2014.
#Future: Voting with iPads
SALEM, Ore. — Oregon was first in the nation to have all residents vote by mail. Now it’s pioneering another idea: vote by iPad.
Voters in five counties are filling out and returning their mail-in ballots for a Tuesday special primary election to replace former U.S. Rep. David Wu, who resigned following a sex scandal. A handful will mark their ballots not with a pen but with the tip of their finger.
It’s the latest attempt at using new technology to help voters with disabilities cast ballots privately. Read More


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China announced that they will exempt purchases of U.S. soybeans, pork, and other agricultural products from punitive tariffs, following President Trump’s delay of increased tariffs that would have taken effect Oct. 1, according to The Wall Street Journal.
China’s official Xinhua News Agency said the government supports Chinese companies purchasing U.S. agricultural products and will waive the tariffs that Beijing has imposed.
Beijing justified the lifting of tariffs on U.S. agricultural goods because President Trump delayed a new round of tariff increases on $250 billion of imports from China. Oct. 1 marks the 70th anniversary of Communist Chinese rule, but in what he called “a gesture of good will,” Trump pushed the date back to Oct. 15.
The new measure is expected to be celebrated by U.S. farmers growing soybeans in Illinois, raising cattle in Texas, and feeding hogs in North Carolina, who have all seen their businesses suffer and prices fall as a result of the U.S.-China trade war.
“The world is looking forward to progress on the China-U.S. consultations,” said Liu He, China’s chief trade negotiator. He said that working-level officials from both countries are set to meet next week to discuss bilateral trade balance, market access, and investor protections.


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Coremetrics today followed other Web analytics providers with the launch of its paid search campaign management tool.
With Coremetrics Search, users can create and manage pay-per-click campaigns across search engines from the Coremetrics application. Because paid search and Web analytics are combined in the same application, the company says marketers will be better able to better measure paid search campaigns’ effectiveness, and make changes to campaigns that are not performing.
Coremetrics was one of four Web analytics providers who were granted access to Yahoo Search Marketing APIs earlier this month after a prolonged period of negotiations. Other providers in that group were WebTrends, WebSideStory and Omniture, who each launched search marketing offerings earlier this month. Google has never limited access to its APIs for Web analytics providers.
Coremetrics is also announcing broader availability of its full-service search campaign management services, which have been selectively offered to clients over the past year.
Pricing for Coremetrics Search starts at $2000 a month based on the number of managed keywords per search engine. The search campaign management services are priced based on a client’s specific needs.
This year, 154 million consumers shopped over the long holiday weekend, an increase of 3 million from last year
Emotion can be very powerful when trying to reach an audience, and it can be boosted by linking it with the way memory affects human behaviour. How can all of this apply to the demanding mobile audience?
With social media reach and engagement rates having dipped so precipitously over the last year or so, paying to play is the only option for most brands now.
Digital (and in our case search and content) data holds the keys to marketing success.


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A new food festival spotlighting Black-owned business will debut in October with a catchy name. Blaktober is promising meal deals and specials throughout the month, along with a few special events like cookie decorating for families. The event’s from Black People Eats, a directory of Black-owned restaurants in Chicago.
The list of participating restaurants hasn’t been finalized, but founder Jeremy Joyce hopes to sign on 30 to 40. Customers can get the specials by mentioning “Blaktober” at the restaurant or on the phone. There will be cooking demos, and other events that are ticketed. Joyce says he’s using the momentum gained earlier this year from his successful Juneteenth promotion, where he raised the profile of more than 70 Black-owned restaurants across the city while bringing awareness to the holiday that recognizes the emancipation of Black slaves in America.
“It was good to see all cultures, all communities come together for every Black restaurant,” Joyce says.
Restaurants saw sales soar around Juneteenth as many Americans were finally confronting the systematic racism faced by BIPOC (Black, Indigenous People of Color) as protesters across the country condemned police brutality. Restaurant owners began putting up statements declaring “Black Lives Matter” on social media and in signs in front of windows. Websites scrambled to compile lists of Black-owned businesses.
The attention was nice, but skeptics wonder if some of it was performative. Realistically, as the pandemic disproportionately affects BIPOC communities, restaurant owners need ways to translate that spike into long-standing success. So, now three months later, Joyce is launching an event, one that he’s had in his pocket for two years. He’s been wanting to bring several Black-owned restaurants together under one roof as a symbol for unity, one where folks who can’t afford to eat at restaurants on a regular baisis could interact with restaurant owners and try food. COVID-19 won’t let him bring them together physically, so he’s trying something new.
Participating restaurants include 5 Loaves Eatery, D&D’s Place, and Andy’s Sunflower Cafe. Joyce has also rounded up 15 chefs who have contributed to a digital cookbook. Recipes include a black plum hibiscus jam from Sheldrick Holmes of the Grail Cafe. Kristen Harper of Cleo’s Southern Cuisine has also supplied a recipe for creole fried catfish.
Joyce has championed restaurant owners that have felt left out of the spotlight. He wants to grow the event next year. By then, he hopes, doctors will have a vaccine, and he’ll be able to invite the community to celebrate together.
In other news...
— Chicago’s music venues are facing a dire situation during the pandemic, as indoor live music performances came to a complete halt in March. Arts and music nonprofit Quiet Pterodactyl aims to support these cultural institutions, along with restaurants, through a project called Save Chicago Music. Fans can order meals for carryout from select restaurants featured on the initiative’s website, like a margarita pizza and two boozy slushies from Bungalow by Middlebrow and Apologue Liqueurs. Each order donates $10 to SituationChicago, another Quiet Pterodactyl project and double vinyl compilation designed to raise funds for local indie performance spaces.
— Neighborhood dive and performance space the Hideout near Lincoln Park and Bucktown will bring back a virtual version of First Tuesdays with Maya and Ben, a monthly political talk show hosted by radio host and columnist Ben Joravsky and Maya Dukmasova, a freelance journalist and staff writer at the Reader. The show returns October 6, and will feature New Republic staff writer and political commentator Osita Nwanevu.
— Dr. Murphy’s Food Hall, the enormous new Near West Side food court that opened in early August, is now offering delivery from all 11 vendors, according to a news release. Customers can placed orders online via the hall’s website. Breakfast delivery is available form 7 a.m. to 11 a.m. with items from all-day breakfast spot Brekkie & Bake Shop, Mexican street foot stall Taqueria Jarabe, and coffee, tea, and pastries from local roastery Passion House. All vendors will offer lunch and dinner delivery from 11 a.m. to close.
— Chicago’s largest restaurant group is scheduled to open its first Texas establishment, an outpost of Mediterranean-themed Aba, this fall. Eater Chicago readers voted the original location Restaurant of the Year in 2018. Lettuce Entertain You Enterprises plans to launch the Austin restaurant on Thursday, October 1, Eater Austin reports. The new restaurant will open at 75-percent capacity for indoor dining — a far cry from Chicago’s 25-percent cap — and carryout will also be available.


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Yahoo’s 1Q 2013 Sees Earnings Gain, Ad Sales Drop
Yahoo’s first quarter numbers for 2013 show off GAAP net earnings of $390 million, marking a 36 percent increase annually. But those encouraging figures were dulled some by the number of display ads sold, which dropped 7 percent annually.
The company reported GAAP revenue of more than $1.1 billion for the quarter, which represented a 7 percent dip annually. Those numbers came on a $0.35 EPS for the quarter, compared to a $0.23 annually.
In addition to launching a redesign of its homepage, Yahoo acquired companies like Snip.it, Alike and Jybe, strengthening its push toward mobile. Most notable of its recent acquisitions was Summly, the mobile news aggregation and summary app it bought from its 15-year-old founder. Yahoo switched off the app and plans to integrate its technology across all its mobile content experiences.
In Yahoo ad news not related to the sales slump, the company announced a global, non-exclusive agreement with Google to use the company’s AdSense for Content and AdMob services.
"We are moving quickly to roll out beautifully designed, more intuitive experiences for our users,” said Yahoo CEO Marissa Mayer.
After missing revenue estimates, the company’s stock fell four percent yesterday. Today it’s holding steady near $23.79.