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Brussels, 13 November 2012 – The Danish tax ministry decided to abolish the tax on saturated fatty acids, introduced one year ago. Holger Nielsen, the Danish Minister for Taxation said in a statement that “these taxes created big administrative costs”, adding that this was “not what we need in this economic situation.” In one year, a dramatic rise in border trade with Germany was observed which, as a result, cost many jobs in the retail sector. These negative side effects hitting Danish businesses led to the government’s decision to abandon the “fat tax”.
Introducing taxes on certain nutrients or foods has never been recognised by international organisations, such as the WHO, the OECD and the European Commission, as a panacea for public health. It usually affects citizens with lower income as food taxes increase prices and impacts the competitiveness of national enterprises, putting jobs at risk.
The margarine sector believes that a systematic approach based on nutrition education and promotion of physical activity is needed to change consumer behaviour and reach balanced diets. IMACE, the European Margarine Association, is open to partnership with public health organisations, civil society representatives, government, and industry to launch collaborative public health policies that have better chances of reaching out to everyone.
IMACE also regularly communicates about the role of fats in the diet. Margarines and vegetable fat spreads are included in nutritional recommendations in the EU, Belgium, the Netherlands, Sweden and the UK, among others. These products provide essential fatty acids and help balance the overall quantity of fats consumed by bringing more poly- and monounsaturated fatty acids and less saturated fatty acids. For more information on why margarine and vegetable fat spreads belong to a healthy diet, you can download our factsheet.
The margarine sector is committed to improving public health, both by collaborating with public and private stakeholders and by providing appealing products with an even healthier composition.
For further information, please contact: Mathilde Séchet, IMACE Communication Manager, by telephone +32 2 772 33 53 or by email email@example.com


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Cuisinart's new blender also has chops to process food
Hey guys this is Brian Bennet for CNET appliances, and right now we are at the international housewares show 2015 in Chicago, and we're taking a first look at the new Cuisinart velocity trio 1 horsepower blender.
What sets this blender apart is that it can actually be used as a food processor, not just as a typical blender for say mixed drinks, smoothies, and that sort of thing.
It also will cost $149 and should be available for purchase at Cuisinart.com.
So there you have it, folks.
I'm Brian Bennett for CNet Appliances and we've just taken a look at the Cuisinart Velocity Ultra Trio Blender.
LG's new smart appliances are ready to help make proper cocktails...
Smart bidet machine cleans where the sun doesn't shine
Amazon debuts Echo Buds with Bose noise cancellation, Alexa
Echo Glow: Amazon's Alexa compatable light
Amazon debuts new Echo Dot
These Electrolux appliance features make me jealous of Europe
Lasers, sensors and robots, oh my: Some robot vacuums move and...

domain: news


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SAN FRANCISCO, March 29, 2011 /PRNewswire/ -- Ed Ojdana, former CEO of Experian Interactive, founder of FreeCreditReport.com, and now Chairman of the board of Oweing.com, announces the appointment of JB Orecchia as President and CEO of Oweing.com.
With over 22 years of experience in financial services and online marketing, Mr. Orecchia has held various senior roles at Experian Interactive, most notably as Executive Vice President of Partnership Marketing, while working for Mr. Ojdana.
"JB was highly instrumental in the growth of FreeCreditReport.com having joined the business at a very early stage. His leadership in business development and online marketing led to FreeCreditReport.com becoming one of the largest online advertisers," said Mr. Ojdana. "It is a real coup to have JB on board as he brings a rich experience in marketing, consumer finance and building strategic alliances that will enable us to reach consumers with our products and make a real difference in our effort to help Americans dig themselves out of debt."
Prior to his tenure at Experian, Mr. Orecchia spent 10 years in consumer finance at Household International (now HSBC) working closely with consumers in retail lending. Observing consumers first hand, he developed an in depth understanding of their borrowing behavior. Mr. Orecchia joins the www.oweing.com team from the Disney Interactive Media Group where he was Vice President of Marketing for Disney Online.
"What's exciting about Oweing.com is the opportunity to really help people get out of debt," says Mr. Orecchia. "In my prior roles I raised consumer awareness of the importance of credit reports and scores. Now it's our job to create just as much awareness around the importance of tracking and managing your debt. To this end, our site www.Debtscore.com helps you assess where your debt levels should be in relationship to your income and life stage. www.Debtgoal.com provides a tailored plan to pay down and pay off your debt sooner, and www.Oweing.com offers ongoing content and expert advice to help you manage your financial life smarter."
Oweing.com is the web's best resource for people paying off debt. We offer free tools & advice to help you know where to focus and how to really accelerate pay off. We are the home of Debtscore.com as well as DebtGoal – since 2009 the best Do It Yourself Debt Payoff program, described as 'WeightWatchers for debt' which has helped Americans manage over $1.3M in debt.
Contact: Liz Petrova Tel: 212.843.9335


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Apple told Google that it had rejected its voice calling app in a phone call to a senior executive on July 7, according to Google.
In a letter to the FCC, now posted in full on the regulator’s website, Google said that it has submitted the Google Voice app for approval on June 2.
Phil Schiller, Apple’s head of worldwide marketing, had told Google senior vice president for engineering and research, Alan Eustace, in a phone call on July 7 that the app had been rejected because it duplicated the “core dialer functionality of the iPhone.”
Without elaborating, Google said discussions between the two companies on the topic had continued until July 28.
In its original public version of the letter to the FCC, Google had excised details of its dealings with Apple.
On April 10 Schiller told Eustace Apple had rejected Latitude, Goggle’s mapping application, because it might replace Apple’s preloaded app and “create user confusion” by offering features not available on the existing app.
The FCC is probing Apple’s refusal to carry the Google apps in the App Store, which accounts for three-quarters of all mobile downloads. Apple denies it rejected the applications, and says they are still being considered.


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CHEIL WORLDWIDE, Seoul / SAMSUNG / 2016
Studies show that with constant practice, people can overcome their fears permanently. So we collaborated with doctors and VR programmers to create a free home training VR app to help people overcome two of the most common fears using Samsung Gear VR and Samsung Galaxy mobile.
The Fear of Public Speaking VR app was designed with computer graphics, while the locations for the Fear of Heights VR app were filmed with 360 cameras.
How it works is simple. Each app contains various scenarios and levels that were carefully selected by the medical staff. People are exposed to fears in stages to gradually overcome their fears. It’s the world’s first VR app that holistically utilizes your heart rate, eye contact and voce recognition to give a personalized feedback. Although VR is a one to one experience, the campaign is designed so people can get support and encouragement from social media.
#BeFearless is a global campaign executed in 12 countries in 4 languages, for a period of 6 months. A manifesto film, kick off films, social contents and 360 viral films on YouTube, Facebook, Instagram, Vk.com and other media encouraged more than 7500 people around the world to apply to participate in the #BeFearless campaign. 27 from UAE, Germany, Russia and Austria were selected to be trained for 30 minutes everyday for 4 weeks. Meanwhile, to test the effect of the VR app, the medical team in Seoul went through a clinical testing of their own.
Each local market released in stages, their participant’s journey on overcoming their fears. And two final campaign films were released on YouTube, social media, Samsung Launching People homepage, and bloggers’ websites, accompanied by PR release. For the public, #BeFearless VR apps were also made available for free on Oculus Store.
Doctors from Yonsei University Gangnam Severance Hospital approved the credibility of the BeFearless VR app through their own clinical testing. After only two weeks of VR training, 87.8% of 82 people saw benefits.
People with fear of public speaking were able to reduce their anxiety score by 18.7% and those with fear of heights by 23.6%.
Following its succes, the campaign was covered in more than 350 media including public TV and major newspapers worldwide which values more than 1 million dollars. The journeys of our participants had over 100 million views and over 400 million media impression worldwide.
Samsung #BeFearless VR apps had more than 50, 000 downloads on Oculus Store with a high rating of 4. #BeFearless program is now also being used in the hospital’s VR clinic. After the campaign, Samsung’s brand attachment improved as high as 18.9%.
MTV WORLD, New York


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Glu Mobile has made its name with celebrity games such as Kim Kardashian: Hollywood, and it has figured out another way to make money with celebrities. Today, the San Francisco company is launching iMessage stickers for Kendall & Kylie, the free-to-play mobile game based on celebrities Kendall and Kylie Jenner.
Glu has created a number of games based on celebrities who, collectively, have more than a billion social followers. When the celebrities tweet about their games, they draw lots of fans into the mobile experiences, resulting in huge free publicity. That has turned into a great way to monetize games such as Kim Kardashian: Hollywood.
Glu hopes that the iMessage stickers for Kendall & Kylie, which launched on iOS and Android in February, will be another way to make money. Glu is launching the stickers on iMessage on the App Store, just as Nintendo has done for its upcoming Super Mario Run game. But in Glu’s case, you have to play the Kendall & Kylie game in order to access the stickers. (Existing players have to update their games.) At the outset, players can get 50 free stickers.
But overall, more than 250 stickers are available for purchase or unlocking through gameplay.


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Firefighters were last month called to a property in Shoreham when a charger, which had been purchased cheaply online, ignited, West Sussex Fire & Rescue Service said.
The back of the unsafe charger exploded, scorching the socket and tripping out the electricity.
No one was injured in the incident, but at the start of Electrical Fire Safety Week, the fire service and Trading Standards have teamed up to highlight the risks of unwittingly buying counterfeit electrical goods.
Community fire safety manager for West Sussex Fire & Rescue Service, Jackie Boyle, said: “We have seen an increase in the number of fires involving cheap, non-branded electrical products.
“We all like a bargain, but when it comes to electrical goods, if the price looks too good to be true, then it probably is.
“It’s not worth putting your own safety or family’s safety at risk just to save a few pounds.
“With Christmas approaching we’d urge people to steer clear of the dodgy fakes.
“The best way to protect yourself from substandard and counterfeit goods is to buy your electrical products from reputable retailers, on the high street or via their websites.”
Last year crews attended 123 electrical fires in West Sussex, making it one of the leading causes of accidental house fires in the county.
Electrical Fire Safety Week runs from Monday, November 9 to Monday, November 16, and officers will be raising awareness of the dangers of substandard electrical products and offer advice on how to reduce the risk of an electrical fire in the home.
Peter Aston, Trading Standards Manager, added: “The increase in popularity of online shopping has made it easier for substandard electrical goods to slip through the net.
“Items purchased directly from non-EU manufacturers often bypass the normal safety checks.
If you have suspicions about a product’s safety or think it’s a fake, you can contact your Trading Standards on 03454 040506 or use the online reporting form at www.westsussex.gov.uk/tsreport
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You won’t be driving a car with that distinctive white chomped-apple logo on the front of it any time soon, it seems. Apple’s widely-rumoured electric car project has had the brakes put on it both from the inside and the outside, with the tech giant apparently having problems securing deals with automotive parts suppliers to actually, y’know, put a car together.
First reported by Bloomberg, the abandonment translates to hundreds of jobs either being reassigned or not replaced after departures from within the company’s Project Titan division, and an internal reorganisation to focus on self-driving systems that can be integrated into existing car-makers’ platforms rather than an entirely new vehicle designed from the ground up by Apple. The project has until the end of 2017 to prove its worth internally, according to the source, but the shift away from a complete, vertically-integrated hardware package to a software-and-hardware solution for other brands to use is a significant setback.
This actually isn’t entirely surprising to anyone that’s been following the travails of Tesla over the past few years as a point of comparison. The US electric car startup had to turn to a relatively small Australian upholstery specialist called Futuris to build the seats and interior headlining for its Model S sedan, without the contacts and reputation to contract a larger and higher profile supplier like Recaro. With time and success demonstrating that Tesla wasn’t a fly-by-night operation, it was able to secure terms with Recaro for the Model S’ third-generation seats.
Apple’s autonomous system — if it ever eventuates — will likely find a home as the core operating system and self-driving system of an American car company, we think. General Motors already has basic assisted driving functionality in the Holden Eye forward-facing camera in the new high-tech Astra, and is a natural partner for Apple. It’s hard to think of a car manufacturer that isn’t already deeply invested in researching autonomous tech, and Apple’s tech competitors like Nvidia and Mobileye already have a significant head start in road-testing hardware. [Bloomberg]


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“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media.
Today’s column is written by Josh Anton, founder and CEO at X-Mode.
The location data industry is poised for vast changes over the next year and decade. Increasing privacy regulation and better understanding of data quality are indicative of the shift to come – one that’s eerily similar to what happened during the subprime mortgage crisis of 2008.
Almost every industry player is going to feel the pinch; some will go under, and many others will spend years trying to get their feet back under them. Those who saw the crisis on the horizon and began pivoting early will not only be best positioned to rebound, but also gain a competitive advantage while others are wringing their hands and wondering what happened.
Which camp would you like to be in?
The looming crisis
Today, companies that build audiences or handle location-based media or measurement have built their models around a combination of three location sources:
Always-on SDK-based location data from GPS, beacons and internet of things. This data is high quality, with 50 or more data points collected per day.
Location aggregators that feature mostly ad-based SDK data, with some data from direct publishers. This data is moderate to low quality, with five to 20 data points collected per day.
Inaccurate, privacy-problematic bidstream data, which comes from running ads on installed mobile apps. This data is of the lowest quality.
Though no formal data quality ratings exist today, I see the combination of these three sources that location companies build their products off of as the data equivalent of a subprime mortgage environment. In subprime mortgages, the location sources were simply replaced by different types of bonds that varied dramatically in quality. When the housing market went bust in 2008, the low-quality bonds essentially disintegrated, leaving too few high-quality bonds to go around. (The movie “The Big Short” does a great job of likening this collapse to a game of Jenga.)
The location data industry is now on the cusp of a major shakeup. Combining great location data with less-than-desirable data from location aggregators and the bidstream has led to a proliferation of location-targeted marketing campaigns that fail to deliver. This in and of itself is unsustainable.
However, the catalyst for the forthcoming data crisis will not be poor quality, but new privacy legislation. In 2020, the California Consumer Privacy Act (CCPA) and other new regulations will threaten the very existence of many of today’s location data players that don’t own the direct source of their location data and, therefore, cannot enforce privacy permissions at the same scale they collect data today.
Garbage in, garbage out
When the data crisis hits, much of the finger-pointing will rightfully be directed at bidstream data. This latitude and longitude data is typically owned by the publisher and can include basic information about the ad unit, publisher, IP address and other elements.
On the privacy side, bidstream is problematic as a foundation for the location-based data market. As a result, many entities that buy and use bidstream data don’t have permission from the end user. Under Europe’s GDPR, that’s already a problem. And with the CCPA and other US regulations on the horizon, the use of this data will become even more problematic.
Furthermore, in terms of accuracy, bidstream data isn’t reliable for measurement or audiences. The horizontal accuracy coming from bidstream data typically doesn’t have sufficient quality to pinpoint a user’s location well enough for proper ad targeting. Also, the location information is only based on the short window of time in which a person is viewing an ad. That person could be on a train, walking home or standing in one place for a long time, but that important behavioral information wouldn’t be apparent based on bidstream data. And because bidstream data typically lacks speed, bearing or altitude information, it’s hard to determine with confidence that someone was at a specific venue.
Quality problems aside, when new privacy legislation comes into effect, bidstream sources of location data will be invalidated, given the inability to sell that data without consent. Meanwhile, mid-tier location aggregators will struggle to gain opt-in consent to collect and sell location data. Their data supplies will be dramatically reduced, and their prices will need to be raised accordingly.
The “A bonds” of the industry will survive, but they will have to grow significantly to accommodate the new demand in the industry, and that will take time.
A necessary recalibration
As a result of these market forces, including the loss of super-cheap bidstream data sources upon which this industry was built, prices for always-on SDK location data will rise dramatically in 2020 and beyond, cutting margins for demand-side vendors.
It will take time to educate the market on the need for higher quality – and thus, more expensive – location data in the wake of privacy legislation, particularly given that more marketers don’t understand the poor quality of existing sources.
Ultimately, privacy legislation will help to legitimize and clean up the location data industry, just as the subprime mortgage crisis led to a widespread recalibration of mortgage lending practices. The transition, however, will not be easy.


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Fred’s records slight uptick in 3Q sales
MEMPHIS, Tenn. — Fred’s Super Dollar on Thursday reported an increase of 1% in total sales to $450.6 million for its third quarter ended Oct. 27. Comparable store sales for the quarter declined 2.5% compared with an increase of 1.5% in the third quarter of 2011.
"We were pleased with the response to our increased marketing initiatives that began in October, resulting in positive customer traffic and higher general merchandising comparable store sales," stated Bruce Efird, CEO Fred’s. "One of our key end-of-year programs was the initiation of a $1 down holiday season layaway program, which dramatically increased layaway sales during the month," he noted. "Also, we continued to see growth in script counts in our pharmacy department during October, but this was more than offset by the sales impact of the ongoing brand-name-to-generic conversion. The effect of this shift on total and comparable store sales was 250 basis points in October."
Fred’s increased its projected earnings per share for the year to fall in the range of 96 cents to $1.02 per share. "With the implementation of several key new merchandising and marketing initiatives in the fourth quarter, and the positive impact of the forward shifting of layaway sales and earnings, we continue to project a double-digit earnings per share improvement for 2012," Efird said.
During the month, Fred’s opened three stores and one express pharmacy location and closed one store.
CVS Caremark donates more than $100K to Hurricane Sandy relief efforts
WOONSOCKET, R.I. — CVS Caremark announced on Wednesday a donation of more than $100,000 to the American Red Cross National Disaster Relief Fund to provide support to communities that have been affected by Hurricane Sandy.
A donation of $50,000 was made from the company’s foundation, the CVS Caremark Charitable Trust. In addition, CVS/pharmacy is providing snacks and bottled water valued at more than $50,000 to distribute in communities in New Jersey that were impacted by the hurricane.
"Many of our communities on the East Coast were affected by Hurricane Sandy," stated Eileen Howard Boone, SVP corporate communications and community relations for CVS Caremark. "We are deeply concerned about the impact this storm has had on our customers and colleagues, and we are committed to supporting relief efforts and assisting first-responders, including our partners at the American Red Cross, in any way we can."
CVS Caremark is also supporting its employees who have been affected by the hurricane through the CVS Caremark Employee Relief Fund. Launched in 2011, the Employee Relief Fund provides short-term, immediate financial relief to employees who’ve suffered significant hardship as a result of a natural disaster, family death, medical emergency or other unforeseen events.
The American Red Cross is helping people across 13 states with shelter, food and comfort as part of a huge disaster response to Sandy. More than 9,000 people spent Tuesday night in 171 Red Cross shelters, and workers have served more than 100,800 meals and snacks. The organization has deployed more than 2,300 disaster workers from all over the country. Nearly 200 response vehicles also have been deployed and are beginning to circulate through communities distributing meals, water and snacks.
"Hurricane Sandy’s winds, rains and snow brought devastation and uncertainty to millions of people; and thanks to the support of donors, such as CVS Caremark, the American Red Cross is providing immediate relief and staying to help as people begin to take steps to recovery," added Roger Lowe, SVP communications for the American Red Cross. "We’re grateful for CVS Caremark’s dedication to the Red Cross mission."
Wall Street: Hurricane Sandy may have whipped up front-end sales prior to coming ashore
NEW YORK — Hurricane Sandy may have shut down lower Manhattan for a few days, but research analyst Ed Kelly of Credit Suisse was bullish on how the storm system may have whipped up front-end sales for pharmacy operators.
"Front-end sales [are] likely to get a boost from Sandy," he wrote in a note published Wednesday. "While drug stores’ front-end sales are likely to continue to be pressured by channel shifting to value-oriented players and aggressive growth of small-box formats like dollar stores, we believe October sales should be better than recent trends," he suggested. "Hurricane Sandy likely provided a boost to sales, as consumers in the Northeast and Mid-Atlantic stocked up for this catastrophic event."
Pharmacy prescription sales should also be up, Kelly wrote, as summertime improvements should continue. "Script growth, as reported by IMS, was up a solid 2.7% for the latest four-week period ended Oct. 19, in line with the prior four-week period," Kelly noted.
Two prominent New York City retailers will report October sales in the coming week. Rite Aid is expected to report October sales Nov. 1 and Walgreens Nov. 5.


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Wednesday, 28 February 2007
SHETLAND SEAFOOD AUCTIONS ANNOUNCES IMPRESSIVE RESULTS
Shetland Seafood Auctions has announced that 2006 has been another successful year with a 42 per cent increase in the value of white fish landed (£16.5 million), a 15 per cent increase in tonnage (11,344 tonnes) and a total of 95 different boats landing, which is a 22 per cent increase on the previous year.
Manager Martin Leyland commented: “This is great news for the auction. At its inception, numerous targets were set up, namely: to attract 5 to 10 Scottish boats to land their catches; to maintain the landings of Shetland boats; and to maintain the overall value of fish sold at the market. All have been achieved.
“In particular, during 2006 a record 65 Scottish boats landed fish for sale at the auction. Prices in Shetland have now increased to a level similar to ports such as Peterhead. We attribute this impressive result to our favourable location – with regard to fuel costs and days at sea – and the quality of service on offer.
“From the outset, the auction has played a central role in ensuring a sustainable and prosperous future for the fisheries sector in Shetland and I will ensure that we continue to deliver in that respect.
“Buyers and fishermen are working together to achieve competitive market prices. Fishermen are landing higher quality fish at the peak of freshness and landing more frequently. There is also more fish on the market for buyers to purchase – adding to the competitiveness of the whole operation.
“Our website www.shetlandauction.com is proving extremely useful. We have achieved 100 per cent co-operation from fishing boats who all contact L.H.D Limited with their catch details, which are immediately input to the landings page of the website up to 18 hours in advance of market. We also publish market prices on the daily fish prices page.
“We have undoubtedly played a part in safeguarding jobs in the industry and generating additional income for our shareholders. Shetland has also witnessed the beginnings of a renewed faith in its white fish industry with the arrival of new fishing boats such as the Copious and I hope that the auction has gone at least a small way to bringing about this change in prospects.
“I look forward to extending our role to help the farmed seafood sector achieve similar results. New buyers have been registering for our internet bidding system during the past few months and I would encourage producers to contact me, so that we can increase the species and volume available to attract even more buyers.”
Further information from:
Martin Leyland, Shetland Seafood Auctions, tel 01595 741535 or email email@example.com
Or, Louise Rosie, Shaw Marketing and Design Ltd, tel 01595 692465
or email firstname.lastname@example.org


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BGA repair platform was perfected in BGA chip repair process last month, which is also perfect for the currently very hot 5G mobile phone.
As the year's mainstream, 5G phones have already made phone makers popular.
Zhang Yunyong, head of the research institute of China Unicom, said that although the price of 5G has not been determined, it will certainly not be more expensive than 4G, according to China Entrepreneur.
To enjoy 5G service, you only need to replace your 5G mobile phone, and you do not need to change your mobile phone card and number.
During two sessions this year, Miao Wei, minister of Industry and Information Technology, made it clear that the average tariff on mobile network traffic will be reduced by 20 in 2019.
According to previous mobile forecasts, the initial price of 5G phones will be above 8,000 yuan, but it is expected to drop to around 1,000 yuan by 2020.
For now, mobile phone manufacturers are eager to wait for the 5G switch.
Since the beginning of last year, three domestically produced 5G phones, including Xiaomi, ZTE and Huawei, have been unveiled.
At the beginning of this year, a proposal was made to issue temporary 5G licenses in several cities, and trial products by the three major operators have been launched one after another.
Based on the current progress, China's 5G services will be commercialized in 2022-2023.
BE MY FRIEND:
Check out my email address: firstname.lastname@example.org
warning! are you avoiding Professional BGA Repair Station Manufacturer mistakes?
#dataifeng #BGA rework station #manufacturer #factory #factorywork


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"MOSS" content on TweakTown - Page 1
We found 2 items for the tag: MOSS
Polyarc have announced a physical copy of Moss
Moss developers announce a physical copy of their game is on the way.
Moss is coming this February on PSVR, new trailer released
Polyarc has announced that their PSVR title Moss will be released on February 27th.


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Profits at Mike Ashley’s personal investment company stumbled by almost two thirds in 2017 as Sports Direct was battered by the slump in sterling and Newcastle United spent a year outside the Premier League.
Accounts for Mash Holdings, which controls Mr Ashley’s majority stake in Sports Direct, posted pre-tax profits of £103m in the year to April 2017, down from £278m the year before.
The tycoon was not paid any wages or dividends by the company but received £109m as it bought back some of its own shares.
Mr Ashley and his family also received £700,000 worth of flights in the company’s private jet and helicopter and match-day hospitality at Newcastle valued at £70,000.
Turnover at the football team tanked by 30pc to £92m following a slump in media revenues from £73m to £47m after it was relegated to the Championship before rejoining the Premier League last year.
The accounts reveal the club is still up for sale after Mr Ashley put it on the market in October 2017.
A 60pc slide in underlying profits at Sports Direct during the year, as the weak pound forced the retailer to pay more for its imported stock, had already been revealed due to its stock market listing.
Mr Ashley, who built Sports Direct from a single store in Maidenhead to one of the country’s largest retailers, has been on an acquisition spree of late, buying the likes of Evans Cycles and House of Fraser out of administration.
He put in a bid for the insolvent cafe chain Patisserie Valerie last week but withdrew it two days later after complaining its administrators would not provide enough information for due diligence.
The tycoon has also been attempting to take Sports Direct upmarket. A so-called “elevation strategy” led by his son-in-law aims to attract more high-end stock from premium brands such as Nike and Adidas, while Mr Ashley also wants to make House of Fraser into the “Harrods of the high street”.


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AMIDST the barrage of gloomy economic news a Lisburn based software and product development company has announced the creation of 10 new Engineering development posts over the next twelve months.
Arcatech, based at Enterprise Crescent off the Ballinderry Road, is planning to increase its overall workforce to 17 after signing a lucrative new deal with a leading French telecommunications specialist Wavetel who will act as Arcatech's main distributor for France. The firm designs and develops its own range of telecoms test platforms for global telecommunications and data communications organisations such as 3Com, BT, AT&T, Cisco, Ericsson, Intel, Nortel, Panasonic and Samsung and currently operates through an international sales network that includes over 40 distributors in 30 countries worldwide.
Reflecting on the continued growth of the business, arcatech CEO Terry Simpson said he was pleased to announce the addition of Wavetel as the company's distributor for France. "Wavetel have a highly experienced team of Network and Telecoms Testing Engineers. Its location in Rennes close to the French telecommunications cluster makes it the ideal partner for arca to promote and support our range of telecoms testing solutions. Adding a strong partner such as Wavetel signals our company's intention to vastly expand our global presence at a time when innovation and value are the key to maintaining our steady growth."
"Arcatech is positioned extremely well in the telecoms test market and has significant opportunities for expansion. One positive side effect of the current economic situation has meant the challenges of getting suitably qualified people to enable this growth would appear to have subsided, making our growth plans more achievable now than at any time in recent years."


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The US Food and Drug Administration issued the findings of a new report about complaints of pets suffering Fanconi syndrome-like symptoms or dying after consuming chicken jerky treats imported from China.
FDA collected and tested nearly 300 jerky treat samples in the US from April 2007 through June 2012, testing for bacterial contamination, mold, chemicals and heavy metals. Although the treats were found to have some adverse effects, FDA's report with laboratory findings did not indicate that further regulatory action was needed. However, FDA figures show the number of complaints of animal illnesses or deaths blamed on the treats is now at more than 1,800, according to FDA spokeswoman, Tamara Ward.
“This does not represent all testing that has and is being conducted by FDA,” Ward said. “Additional testing is currently being conducted through other avenues.”
By Lindsay Beaton
Pet food safety is top-of-mind all along the production line, and everything from the ingredients to the equipment must offer solutions.
By Debbie Phillips-Donaldson
Many hours, efforts, dollars and brainpower go into pet food companies’ and regulatory bodies’ efforts to ensure that products on the market are safe and healthy for pets.


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Fastly, the company behind a major global internet outage this week, said on Wednesday the incident was caused by a bug in its software that was triggered when one of its customers changed their settings. Tuesday’s outage raised questions about the reliance of the internet on a few infrastructure companies. Fastly’s issue knocked out high traffic sites including news providers such as The Guardian and New York Times, as well as British government sites, Reddit, and Amazon.com. “This outage was broad and severe, and we’re truly sorry for the impact to our customers and everyone who relies on them,” the company said in a blog post authored by Nick Rockwell, its senior engineering and infrastructure executive. He said the problem should have been anticipated.
Operators of MoviePass Subscription Service Agree to Settle FTC Allegations that They Limited Usage, Failed to Secure User Data
The operators of the MoviePass subscription service have agreed to settle Federal Trade Commission allegations they took steps to block subscribers from using the service as advertised, while also failing to secure subscribers’ personal data. Under the proposed settlement, MoviePass, Inc., its parent company Helios and Matheson Analytics, Inc. (Helios), and their principals, Mitchell Lowe and Theodore Farnsworth, will be barred from misrepresenting their business and data security practices. In addition, any businesses controlled by MoviePass, Helios, or Lowe must implement comprehensive information security programs. “MoviePass and its executives went to great lengths to deny consumers access to the service they paid for while also failing to secure their personal information,” said Daniel Kaufman, the FTC’s Acting Director of the Bureau of Consumer Protection. “The FTC will continue working to protect consumers from deception and to ensure that businesses deliver on their promises.”
Global chip shortages could last significantly longer than expected, continuing until at least the middle of next year, and possibly into 2023. The warning was given by contract manufacturing giant Flex. It follows another warning by an Apple supplier in Taiwan that chip production there will be affected unless the country can get a better supply of vaccines. The pandemic saw many chip fabrication plants forced to close or reduce capacity for a period, and catching up afterwards is difficult due to the lengthy timeframes involved in building new plants and bringing them online. It typically takes around two years from breaking ground to the first chips rolling off the production line. Apple has been better insulated than most tech companies by virtue of having TSMC make its own A-series and M1 chips, and the sheer size of the company enabling it to negotiate priority supplies from other chipmakers. Even so, the company can still struggle to obtain enough supplies of more generic chips, like display drivers.
A Pennsylvania woman who lost the equivalent of $20,000 in cryptocurrency as part of a mobile fraud scheme says T-Mobile failed to protect her account in the face of a wave of similar incidents. Sima Kesler, in a complaint filed Wednesday in Pennsylvania Eastern District Court, alleges she was the victim of a May 2020 SIM swapping scheme, in which scammers convince a phone carrier to give them control of an individual user’s account. With control of a victim’s phone information, thieves can receive text messages and access unrelated accounts tied to the victim’s mobile number. In this case, Kesler says she stored roughly $20,000 in a Coinbase account connected to her T-Mobile subscription.
Japanese multinational conglomerate Fujifilm said it has refused to pay a ransom demand to the cyber gang that attacked its network in Japan last week and is instead relying on backups to restore operations. The company’s computer systems in the US, Europe, the Middle East and Africa are now “fully operational and back to business as usual”, a Fujifilm spokesperson told Verdict. Fujifilm – once known for selling photographic film but now produces biotechnology, chemical and other digital imaging products – detected unauthorized access to its servers on 1 June. On 4 June it confirmed a ransomware attack was affecting a “specific network” in Japan and that it shut down “all networks and server systems” while it investigated the “extent and scale” of the attack. Fujifilm said it would not comment on the amount demanded by the ransomware gang.


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Before they have even played a single game at Levi’s Stadium, the San Francisco 49ers have pretty much paid for the brand new state-of-the-art stadium with revenues from ticket sales, seat licenses and corporate partnerships.
According to the San Jose Mercury News, about half the revenue has come from ticket sales.
The seat licenses and season ticket packages for the Niners’ new 68,500-seat home have generated about half of the $1.3 billion in revenue so far from the stadium, roughly what it cost, and the news comes just seven weeks before the first preseason game.
The 49ers’ brand is pretty strong right about now. They have sold out every single ticket for the inaugural season in Santa Clara and had to offer 1,500 standing-room only tickets to pacify a fan base that is as strong as ever after three consecutive years of tremendous success.
It doesn’t hurt that San Francisco is moving from what was one of the worst stadiums in professional sports to this gem in Santa Clara.
It’s also important to note that a some important events will take place at Levi’s Stadium over the next few years, which will add revenue to the franchise. In addition to Super Bowl 50, the Pac-12 Championship Game and WrestleMania 31 will be held at the new stadium.
Like other franchises who have built new stadiums, some die-hard fans have been impacted by the price of admission to 49ers game at Levi’s.
Overall, about 70 percent of Candlestick Park season ticket holders bought seats in Santa Clara, down from the typical renewal rate of about 95 percent at Candlestick. The team made up the difference by attracting plenty of new fans, including Jeremy Spencer, who will be driving 14 hours to Levi’s for each home game from Idaho.
The hike in ticket prices is a necessity, because San Francisco needs to recoup the money it spent on this stadium. That doesn’t make it easier for fans who have been cheering on the red and gold for decades.
With that said, it’s a stunning representation of the 49ers’ brand that they have brought in $1.3 billion in revenue before even stepping on to the field at Levi’s as a team. Their first game will take place in about six weeks when the Denver Broncos travel to Santa Clara for the second game of the preseason schedule.


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Shivering outside her house for a http://www.chinese-brides.org/ day that is freezing Park Hills, Loretta Boesing describes that climate in eastern Missouri could be all around the map.
“It’s crazy, ” Boesing says. “We often experience temperatures like they might feel in Arizona. Often we encounter conditions like they might north feel up. ”
Boesing concerns about how exactly those temperature extremes affect the prescribed drugs that numerous people receive via mail-order distribution.
Mail purchase is poised to grow rapidly because of brand brand new medicines and competition that is new the marketplace. But Boesing wishes insurers and companies that are mail-order reconsider their techniques and policies in light of heat issues.
All of it began with wellness scare involving her son Wesley.
In 2012, whenever Wesley had been couple of years old, he got therefore unwell through the flu that he required a liver transplant.
The transplant surgery went well, but a just a couple of months later on, diagnostic tests revealed body that is wesley’s to reject the organ.
Boesing felt devastated and responsible.
“I have the duty that is extra of simply protecting their life nevertheless the life that everyday lives on inside him, ” Boesing says.
Wesley didn’t lose his liver that is new during his days into the medical center Loretta’s brain raced thinking in what could have gone incorrect.
She remembered that whenever their transplant medicines had been final delivered, that they had been left outside by the storage, where they sat all night.
Conditions that day had been within the triple digits, far greater than the temperature that is safe noted on the medications’ guidelines. During the time, she hadn’t focused on it.
“Even that it says ‘Store at room temperature, ’” Boesing says though I see plainly on the bottle. “I still thought, ‘Ah, someone’s ensuring it is safe. ’”
But after Wesley’s setback, Boesing swore down mail purchase pharmacy completely, and also this 12 months she developed a Facebook team for clients that are concerned about mail-order medications.
She also began a petition urging all insurers should give their clients comfortable access to retail pharmacies – unless mail-order organizations can show that medications are receiving to patients during the right conditions.
‘Shipping down seriously to a technology’
The top three mail-order businesses – Express Scripts, CVS Caremark and OptumRX – insist that’s no hassle. They say they’ve got shipping medications down up to a technology.
An endless line of orange prescription bottles flies along conveyor belts while pharmacists scan barcodes and technicians refill bins of pills inside an enormous OptumRX warehouse in a Kansas City suburb.
Lead pharmacist Alysia Heller explains that this delivery behemoth, which delivers away as much as 100,000 prescriptions a includes a system to account for weather day.
“If there’s a heat that is extreme where a services and products is certainly going into hundred-plus level climate, the device will inform the professional to incorporate an additional ice pack because we’re monitored the zip code plus the climate for the reason that area, ” Heller claims.
But at OptumRX and throughout the industry, this sort of temperature-controlled delivery is normally reserved just for a tiny amount of medications like some insulins or hepatitis C drugs which have certain refrigeration demands.
Standard space heat medicines, like blood pressure that is most or cholesterol levels medications, which will make within the great majority of prescriptions delivered, are generally submitted bubble mailers without the heat monitors.
Stephen Eckel, a pharmacy teacher in the University of North Carolina–Chapel Hill believes those techniques can cause some medications being damaged.
“A great deal of individuals benefit from the ease of mail order, but there are many dangers they’ve surely got to comprehend, ” Eckel claims.
He claims it is feasible that medications in dental suspension system type, such as the people Wesley ended up being using, might be damaged by experience of extreme temperature or cool.
But Eckel believes it is just a matter of time before mail-order pharmacies will expand their usage of heat settings and monitoring to non-specialty medications.
Pharmacy consultant Adam Fein points down that lots of states currently need insurance firms to supply usage of retail pharmacies if clients choose. The temperature is said by him concerns are overblown.
“We have actually literally billions and huge amounts of prescriptions which were dispensed by mail over several years without proof of extensive damage, ” Fein claims.
Some space heat medications are authorized to expend as much as twenty four hours in conditions from as little as the top 50s to since high as 104. But experts merely don’t know very well what takes place to numerous medicines much more extreme temperatures, like those kept on a freezing porch or in the rear of a truck that is sweltering.
In reality, a couple of studies recommend that some inhalers or drugs like antibiotics can lose their effectiveness under extreme climate conditions.
Numerous industry professionals think mail purchase pharmacy is regarding the cusp of major growth driven by the growth of new specialty medications, particularly biologics, which often feature a high price and tend to be frequently perhaps maybe not managed by retail pharmacies.
Competition on the market has already been heating with Amazon’s purchase of on the web pharmacy PillPack while the current partnership of Walgreens and FedEx to provide medication delivery that is next-day.
Fein thinks more temperature controls and monitoring would do bit more than drive up costs in a market that is succeeded in big part as a result of operating that is low.
But after gathering significantly more than 76,000 signatures, Loretta Boesing, whoever son initially received their medications from Walgreens Specialty Pharmacy, claims she’s believing that a bigger health condition has been shrugged down.
Missouri’s Board of Pharmacy currently requires that pharmacies shop and transportation medicine in adherence with manufacturers’ guidelines, as outlined in the us Pharmacopeia. Nonetheless it intends to review its mail-order prescription policies nest thirty days and contains invited Boesing to testify.
In the meantime, Boesing has gotten a waiver that lets her get Wesley’s medication at a specialty pharmacy in Saint Louis.
And after linking with clients all around the national nation, she claims her advocacy is not any longer more or less him.
“I don’t want my son to possess to get treatment that is special” Boesing says. “i would like everyone else to possess use of safe medicines. ”
Clarification: This tale happens to be clarified to suggest that Wesley Boesing initially received their medications from Walgreens Specialty Pharmacy.
Alex Smith is health reporter for KCUR. He can be reached by you on Twitter @AlexSmithKCUR.


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Every business that uses temporary labour needs to be aware of the potential dangers of mini umbrella company fraud in their labour supply chain.
The use of umbrella companies has been popular for a long time and has recently increased due to the IR35 changes which came into effect in the private sector in April. As these new rules restrict the ability of contractors to work off payroll through Personal Service Companies, registering with an umbrella company to take care of PAYE responsibilities has been regarded as the next best option by many.
However, businesses engaging temporary workers through an umbrella company should be aware that there is still a need to ensure that they are not facilitating pay arrangements which undermine the requirement that appropriate deductions should be made from the wages paid.
This was highlighted when last month HMRC published a guidance note on “mini umbrella company fraud” to help businesses identify fraud in their supply chain.
What is mini umbrella company fraud?
Many will have never heard of mini umbrella company fraud and whilst that is the term used in the guidance there is no standard mini umbrella company fraud model. It is recognised that arrangements change in an attempt to hide fraudulent activities from HMRC. Typically multiple limited companies will have been created with only a small number of temporary workers employed by each one. The structuring of the mini umbrella companies is facilitated by an outsourcing business which then uses further intermediaries to create complex layers of businesses within the supply chain in order to facilitate the fraud.
This contrasts with the normal and perfectly proper umbrella arrangement by which the temporary workers are employed by the one umbrella company (rather than a series of mini umbrellas) and taxed in the usual way.
The client using temporary labour in circumstances where there has been fraudulent activity in the supply chain may suffer reputational damage and increased costs. The workers may be owed money and might have claims in respect of outstanding benefits.
These concerns have also led to calls by the Recruitment and Employment Confederation for more regulation on umbrella companies. It is asking for the provision of a legal definition of “umbrella companies” which would then enable comprehensive regulation by the government.
Spotting and avoiding mini umbrella company fraud
A business using temporary staff should conduct regular due diligence checks into their labour supply chain. This should be directed at identifying who pays the workers and how they are paid. An important part of the process will be to assess that the supply chain is credible.
Concerns relating to the tax situation of anyone in the supply chain should be reported to HMRC without delay.


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There are plenty of rumors doing rounds with regard to Samsung Galaxy S9 and S9+. While we can’t go around believing everything that pops up, there are some legit details that are also showing up in the build-up to the launch of the Galaxy S8 and S8+ successors in early 2018.
It had been rumored that Samsung Galaxy S9 will be teased at the CES 2018. While this hasn’t been ruled out yet, there are still some uncertainties over this development. Whether it happens or not, what we know is that the Korean company will be ready to give us the S9 and S9+ somewhere in March 2018, which isn’t so far away.
With this in mind, it’s obvious that the tech giant is already working on the phone so that everything is ready by the time March is here. Apparently, a variant of the Samsung Galaxy S9+ meant for the Chinese market has recently been cleared by the Chinese Ministry of Industry and Information Technology (CMIIT), a body that certifies all devices for wireless use in the country.
Also Read: Samsung Galaxy S9 Purple Edition breaks cover in unofficial renders and it looks stunning
In the documents, the Galaxy S9+ has been cleared with model number SM-G9650/DS, which confirms that it’s intended for the Chinese market. In addition, the model number also verifies that China will get a dual-SIM variant of the S9+, which is not unusual for Asian, European and African markets, but not in the U.S. where the smartphone market is controlled by carriers.
Other than the model number, there’s nothing much the listing gives out about the Samsung Galaxy S9. However, we do know that the phone will still come with the same 5.8-inch 18.5:9 display screen with a QHD+ resolution like the Galaxy S8, but there will be a new Snapdragon 845/Exynos 9810 processor, up to 6GB RAM for the Galaxy S9+ and at least 64GB of internal storage, although Samsung is also said to have started works on massive 512GB internal storage modules.


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"Please be careful. Don't click on that link. Don't use it for monetary transactions," said Chandrachud, who was sitting in a constitution bench hearing pleas challenging the abrogation of Article 370.
The notice said, "The Registry, Supreme Court of India, has been made aware of a phishing attack. A fake website, impersonating the official website has been created and hosted on the URL."
"The attackers through the URL are soliciting personal details and confidential information. Any visitor on the above URLs is strongly advised not to share and divulge any personal and confidential information, as the same shall enable the perpetrators to steal the information," it said.
The notice said that the Registry of the Supreme Court of India never asks for personal information, financial details or other confidential information.
"Please also note that the Supreme Court of India is the registered user of the domain name www.sci.gov.in and before clicking on any URL always hover over the URL to verify the same.
"In case you have been a victim of the above phishing attack, please change your passwords for all your online accounts and also contact your bank, or credit card company, to report such unauthorized access," it said.
It said that the Registry of the Supreme Court of India has taken due concern of the phishing attack and has flagged the same with law enforcement agencies to investigate and bring the perpetrators to justice.
Friday, 01 Dec, 2023
- Surprise Boost: Economy Grows 7.6% in Q2, Beating Estimates
India's economy expanded 7.6% in the September quarter from a year earlier, exceeding expectations as manufacturing posted strong growth and investments gathered pace. Private consumption was tepid while a patchy monsoon dented farm growth, according to government data released on Thursday.JSW, SAIC Ink JV to Run MG Motor Operations in India
The Sajjan Jindal-promoted JSW Group and SAIC Motor announced an India joint venture aimed at expanding the operations of MG Motor, owned by the Chinese company, in the country. JSW will hold a 35% stake in the joint venture, they announced on Thursday.UltraTech to Buy Kesoram’s Cement Unit
Aditya Birla Group’s UltraTech will acquire the cement business of the BK Birla Group’s Kesoram Industries in an all-stock deal at an estimated enterprise value of around ₹7,600 crore, which includes debt.
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The Angry Birds are going where no bird has gone before: underground. Rovio is readying a brand new Angry Birds episode, "Mine and Dine," for release soon in "appstores everywhere," the company said in a Facebook announcement. "We have another brand new episode coming up for Angry Birds," the Rovio message reads. "Take the fight for the eggs to dark underground caverns and use the geology to your advantage to root out the peskiest of piggies!"
No pricing, release date, or when it will be available on all platforms have been announced for the sixth Angry Birds episode. But we can guarantee three things: Birds will be flung, wood and ice will be shattered, and pigs will be squished. And judging from the trailer, we'll have to use stalactites, boulders and explosives to knock the resilient piglets from their wooden fortresses. Either way, we know you're going to be all over Mine and Dine as soon as it releases, so we won't even bother saying "stay tuned." Wait--dammit!
Are you psyched for yet another Angry Birds episode? What do you think Rovio will do next with the Angry Birds? Sound off in the comments. Add Comment.


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The perfect storm hit the shores of U.S. retailers and apparel companies over the last few months. Just as consumer demand appears to be waning from the pandemic fueled consumption boom, retailers are finding themselves stuck with unusually large inventories and rising costs on account of higher interest rates and a tight labor market. The silver lining for them is that the U.S. Dollar Index which benchmarks the U.S. dollar against a benchmark of six major currencies, had come down during the last three months after showing tremendous strength for the better part of the last two years. Shipping rates have also come down, although congestion at ports has resulted in additional demurrage charges for some retailers.
Two apparel related companies that I follow including VF Corp (VFC) and G-III Apparel Group (GIII) have been hit hard by these macroeconomic factors. Over the last year, VF Corp has lost nearly two-thirds of its value and G-III is down nearly 50%. VF is the world’s larges apparel and footwear company that owns brands like Vans, The North Face, Timberland, Dickies and Supreme. The company generated nearly $12 billion in revenue TTM, sports net margins of 3.6% and trades at a forward P/E of 29.
G-III on the other hand has both owned as well as licensed brands like Calvin Klein and Tommy Hilfiger that it licenses from PVH (PVH). G-III generated over $3 billion in revenue TTM, sports net margins of 5.66% and trades at a forward P/E of just 4.38. While the decline in VF was gradual throughout this year, G-III was hit hard on December 1st when the company lost nearly 45% of its value in a single day before rebounding a little in the ensuing days.
G-III investors were unhappy about the company missing its bottom line expectations and guiding to lower full year fiscal 2023 earnings of $2.90 to $3.00 per share from prior guidance of $3.60 to $3.70 per share. A big part of the drop in the stock price was however driven by news that the company is going to lose its licenses for Calvin Klein and Tommy Hilfiger starting in December 2023 for Tommy Jeans and December 2029 for both Calvin Klein and Tommy Hilfiger Women’s suits. A vast majority of the category license expirations will occur between December 2025 and December 2027 as you can see from the table below.
The company downplayed the importance of these expirations by claiming that the Calvin Klein and Tommy business is only a 10% operating margin business and that they are developing other internal brands like Donna Karan. A quick Google Trends comparison shows that despite being an aging brand, Calvin Klein still has 25 times the brand recognition of Donna Karan. Moreover, after excluding extraordinarily good results for fiscal 2022 (ending January 2022) as a result of the pandemic, operating margins at G-III have mostly been in the 8% range. This implies that the 10% operating margin business from the licensed brands, which represents nearly $1.5 billion of revenue, generates higher margins than the other half of G-III’s unaffected business.
Insiders of G-III appear to be more optimistic than the market and started buying stock last week with three different insiders participating. They clearly have a divergent view of the company’s future or think that the stock is very cheap at these single digit P/E levels. CEO Morris Goldfarb, who has been an executive officer of the company and its predecessors since the formation of the company in 1974, picked up $3.14 million worth of stock at an average price of $12.54. His prior purchases were a series of very well timed trades in March and April 2020 when he picked up shares at prices between $5.48 and $6.54. Those purchases were small in comparison to his purchase last week.
I would like to see how changes in macroeconomic factors impact the company in the coming months and if they can indeed build or acquire other brands that will help them offset the impact of losing licensed brands before I get interested in G-III. For now, it was an interesting development to track in a company that is both buying back its own stock and where the insiders are also buying stock.
Welcome to edition 650 of Insider Weekends. Insider buying decreased last week with insiders purchasing $95.05 million of stock compared to $168.95 million in the week prior. Selling on the other hand increased to $1.58 billion compared to $971.61 million in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week went up to 16.62. In other words, insiders sold almost 17 times as much stock as they purchased. The Sell/Buy ratio this week was unfavorable compared to the prior week when the ratio stood at 5.75.
Notable Insider Buys:
1. AMERCO (UHAL): $66.84
President Edward Shoen acquired 248,300 shares of U-Haul’s parent company, paying $64.97 per share for a total amount of $16.13 million. These shares were purchased indirectly by Clarendon Strategies, LLC.
You can view the list of recent insider transactions for Energy Transfer LP here.
|P/E: 12.43||Forward P/E: 11.91||Industry P/E: 4.24|
|P/S: 2.22||Price/Book: 2.03||EV/EBITDA: 7.04|
|Market Cap: $13.08B||Avg. Daily Volume: 665,510||52 Week Range: $44.79 – $73.16|
2. Datadog, Inc. (DDOG): $74.56
Director Matthew Jacobson acquired 192,154 shares of this monitoring and analytics platform for developers, paying $69.35 per share for a total amount of $13.33 million. These shares were purchased indirectly by ICONIQ Strategic Partners VI, L.P.
You can view the list of recent insider transactions for Datadog, Inc. here.
|P/E: 7456||Forward P/E: 63.19||Industry P/E: 23.27|
|P/S: 15.46||Price/Book: 18.36||EV/EBITDA: 2106.73|
|Market Cap: $23.68B||Avg. Daily Volume: 4,625,454||52 Week Range: $66.447 – $186.28|
3. Atlanticus Holdings Corporation (ATLC): $26.8
Executive Chairman David G. Hanna acquired 325,000 shares of this credit and related financial services and products provider, paying $27.15 per share for a total amount of $8.82 million. These shares were purchased indirectly by a trust.
You can view the list of recent insider transactions for Atlanticus Holdings Corporation here.
|P/E: 3.91||Forward P/E: 4.44||Industry P/E: 11.01|
|P/S: 0.92||Price/Book: 1.26||EV/EBITDA: N/A|
|Market Cap: $387.13M||Avg. Daily Volume: 23,010||52 Week Range: $23.19 – $74.63|
4. G-III Apparel Group, Ltd. (GIII): $13.4
Shares of this apparel company were acquired by 3 insiders:
You can view the list of recent insider transactions for G-III Apparel Group, Ltd. here.
|P/E: 3.64||Forward P/E: 4.23||Industry P/E: 13.29|
|P/S: 0.2||Price/Book: 0.39||EV/EBITDA: 5.87|
|Market Cap: $636.35M||Avg. Daily Volume: 1,083,485||52 Week Range: $11.6 – $31.7|
5. B. Riley Financial, Inc. (RILY): $43.26
Chairman and Co-CEO Bryant R. Riley acquired 51,514 shares of B. Riley Financial, paying $43.93 per share for a total amount of $2.26 million. Mr. Riley increased his stake by 0.86% to 6,029,929 shares with this purchase.
You can view the list of recent insider transactions for B. Riley Financial, Inc. here.
|P/E: 7.39||Forward P/E: N/A||Industry P/E: 11.01|
|P/S: 1.48||Price/Book: 2.38||EV/EBITDA: N/A|
|Market Cap: $1.23B||Avg. Daily Volume: 281,759||52 Week Range: $36.86 – $91.24|
You can view the full list of purchases from this Insider Buying page.
Notable Insider Sales:
1. Walmart Inc. (WMT): $145.31
Director Robson S. Walton sold 660,144 shares of Walmart for $148.18, generating $97.82 million from the sale. These shares were sold indirectly through a trust.
You can view the list of recent insider transactions for Walmart Inc. here.
|P/E: 44.71||Forward P/E: 22.18||Industry P/E: N/A|
|P/S: 0.65||Price/Book: 5.43||EV/EBITDA: 13.43|
|Market Cap: $391.87B||Avg. Daily Volume: 6,551,245||52 Week Range: $117.27 – $160.77|
2. Royal Caribbean Cruises Ltd. (RCL): $56.21
Director Arne Alexander Wilhelmsen sold 1,317,977 shares of this cruise company for $60.71, generating $80.01 million from the sale. These shares were purchased indirectly by A. WILHELMSEN AS.
You can view the list of recent insider transactions for Royal Caribbean Cruises Ltd. here.
|P/E: N/A||Forward P/E: 17.03||Industry P/E: 13.29|
|P/S: 1.99||Price/Book: 4.47||EV/EBITDA: -96.28|
|Market Cap: $14.34B||Avg. Daily Volume: 6,631,903||52 Week Range: $31.09 – $90.55|
3. PTC Inc. (PTC): $121.19
Shares of this software and services company were sold by 2 insiders:
You can view the list of recent insider transactions for PTC Inc. here.
|P/E: 46.43||Forward P/E: 22.74||Industry P/E: 23.27|
|P/S: 7.36||Price/Book: 6.2||EV/EBITDA: 27.77|
|Market Cap: $14.24B||Avg. Daily Volume: 780,182||52 Week Range: $96.55 – $133.14|
4. Antero Resources Corporation (AR): $31.81
Director Howard W. Keenan sold 1,000,000 shares of this oil and natural gas company for $31.30, generating $31.29 million from the sale. These shares were sold indirectly by Yorktown Energy Partners VIII, L.P.
You can view the list of recent insider transactions for Antero Resources Corporation here.
|P/E: 4.86||Forward P/E: 4.05||Industry P/E: 7.88|
|P/S: 1.07||Price/Book: 1.55||EV/EBITDA: 3.89|
|Market Cap: $9.55B||Avg. Daily Volume: 7,629,446||52 Week Range: $15.98 – $48.8|
5. Palo Alto Networks, Inc. (PANW): $158.9
Shares of this cybersecurity platform were sold by 2 insiders:
You can view the list of recent insider transactions for Palo Alto Networks, Inc. here.
|P/E: N/A||Forward P/E: 39.43||Industry P/E: 23.27|
|P/S: 8.26||Price/Book: 94.58||EV/EBITDA: 385.94|
|Market Cap: $48.04B||Avg. Daily Volume: 4,250,904||52 Week Range: $140.07 – $213.633|
You can view the full list of sales from this Insider Sales page.
Disclaimer: I hold a long position in B.Riley (RILY). Please do your own due diligence before buying or selling any securities mentioned in this article. We do not warrant the completeness or accuracy of the content or data provided in this article.


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New Product Announcement: Carbon-Neutral Materials
Construction materials manufacturer MAPEI Corporation recently introduced a new family of carbon-neutral products.
According to the emailed release, specifiers, contractors and homeowners can use these materials to fully offset CO2 throughout their entire life cycle.
“For MAPEI, our carbon-neutral status is achieved by calculating the product’s carbon footprint an reducing it to zero through a combination of efficiency measures in-house, as well as through the acquisition of certified carbon credits in support of renewable energy and forestry protection projects,” said Brittany Storm, Sustainability Manager.
“We understand that being carbon neutral is not enough, this is just the start, we’re looking at our products and in our facilities themselves to reduce our carbon emissions.”
The new products include:
“MAPEI’s carbon-neutral product family is one of many of our sustainable offerings, which include a variety of health and environmental certifications, and is the latest offering in our long-ranging efforts to be good shepherds of the environment,” explained Luigi Di Geso, President and CEO of MAPEI Corporation.
“Now, by using CO2 offsets through renewable energy and reforestation projects, the MAPEI family of carbon-neutral products offers our customers a way to make a contribution to the well-being of the environment, the planet and the future, while still providing the strength and durability for which MAPEI is so well known.”
“We know carbon neutral isn’t enough and that we need to continually examine our products and processes to further reduce our impacts. Close attention is paid to our Life Cycle Assessments (LCAs), Global Warming Potentials (GWPs) and how we can further improve our impacts on the environment,” Storm explained.


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If you weren’t fighting record-breaking crowds at the mall this weekend, chances are you’ve been checking out today’s deals online. This year marks the seventh time that retailers have looked to the Internet to bring them into the black, and we wanted to find out how these two sectors have performed since the term was coined.
Since Cyber Monday 2005, the Dow Jones U.S. Retail Index has gained 5.38%, while the Dow Jones U.S. Internet Index has lost 0.16%, suggesting that the retailers have benefitted more as Americans have embraced online shopping.
With the exception of 2008, Cyber Monday sales figures have increased at least 15% every year since 2005. In 2010, according to comScore, nine million buyers took to their computers to conduct 17.1 million transactions with an average of $60.05 per transaction. Doing the math, that’s over $1B spent online shopping in one day.
Of course there’s one more important stat to examine when assessing Cyber Monday’s impact: worker productivity. According to the comScore study, 48.9% of last year’s Cyber Monday purchases happened from work computers. In a recent ISACA survey, more than one third of the companies surveyed expect to lose $15,000 or more due to employees shopping on the job this holiday season.
What market indicators are YOU watching this holiday season?


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Soccer megastar Christiano Ronaldo played the sport with the holders of his non-fungible token (NFT) collection in a training event hosted by the world’s largest digital asset trading platform by volume, Binance.
The event was shared by the crypto exchange amid attempts to drag the five-time winner of the prestigious Ballon d’Or awards to court over the sale of his NFT collection.
Ronaldo Playing Football with Fans
Binance shared the video via YouTube, which showed fans and multiple holders of his NFTs interacting with the soccer legend. Fellow Binance endorser Khaby Lame and Croatian footballer Maria Marković were also engaged in the training session with Ronaldo.
One of the greatest soccer players in the history of the sport trained with NFT holders and gave them some tips to improve their game.
Ronaldo and Binance’s Multi-Year Partnership
It is imperative to note that Binance and Ronaldo entered into a multi-year partnership to promote engagement with Web3 initiatives. As a part of the deal, the two would create a series of NFT collections that would be sold exclusively on the Binance NFT marketplace.
My relationship with the fans is very important to me, so the idea of bringing unprecedented experiences and access through this NFT platform is something that I wanted to be a part of,” said Ronaldo during the announcement.
As reported earlier by TheCoinRise, Ronaldo also underwent a lie detector test sponsored by Binance, wherein he accepted that he owns NFTs and will continue to buy them irrespective of the crypto winter prevailing at that time.
Promoting Investments in Unregistered Securities
Ronaldo has been promoting investments in blockchain-based assets since he entered into an alliance with Binance. However, some believe that the soccer megastar is promoting investments in unregistered securities and are trying to drag him to court.
A class-action lawsuit was filed against the athlete on November 27, 2023, in the United States District Court in Florida, which claimed that the soccer star “promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance.”
Solicitation of Crypto Tokens
The filing claims that whoever is purchasing the football megastar’s NFTs via Binance is also investing in other digital assets, including Binance’s very own BNB token.
“Ronaldo’s promotions solicited or assisted Binance in soliciting investments in unregistered securities by encouraging his millions of followers, fans, and supporters to invest with the Binance platform.”
Interestingly, renowned Argentinian footballer Lionel Messi also entered into an agreement with BitGet, a global cryptocurrency exchange, to support the adoption of Web3.


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Never Miss a Beat: Get a snapshot of the issues affecting the IT industry straight to your inbox.
Data breaches are a constant threat and put companies in danger of losing their most valuable asset: customer trust.
George V. Hulme, Contributor
April 30, 2004
3 Min Read
Some companies use technology to spot fraudulent activity more quickly and stop the damage. It's an approach that accepts that, no matter how much work companies do to secure their systems, identity and customer-data theft is here to stay. "The problem is like a water balloon: When you squeeze hard in one spot it gets ready to burst somewhere else," says one financial-services executive who asked not to be named. Last year, his company installed a service from startup ID Analytics Inc. that spots fraudulent applications submitted to financial, cell-phone, and utility companies. ID Analytics claims its service spots fraudulent applications--up to 40% more--missed by the anti-fraud systems already in place at those companies.
ID Analytics says that last year it studied more that 200 million credit applications--including 10 million suspected or known fraudulent applications--collected by credit-account issuers, retail banks, and wireless-service firms to spot the similarities among phony applications. It used this database to develop pattern-recognition software to help companies reject or investigate suspect applications. Since utilities, phone companies, and credit-card providers that subscribe to the service feed their data into ID Analytics' system, it's possible to spot potentially fraudulent activity that crosses company borders. For instance, a person planning a fraudulent act may set up a phone number and address on one day and then apply for a car loan. ID Analytics' software can analyze the data from those multiple sources and develop what it calls an ID Score. The company says more than 70 variables on credit applications have proven valuable in spotting suspicious activity. "It's been working very well for us," says the financial-services exec. "It's caught fraudulent activity we otherwise might not have identified right away."
The availability of technology that can better spot fraudulent activity and fight identity theft is good news, but it's little comfort to those whose identities and personal information have already been swiped. Lawmakers hope that tougher laws and prison sentences for hackers and identity thieves and tougher security regulations can slow the spiraling growth of identity theft (see story, "New Laws: Identity Thieves Could Face Stiffer Penalties"). And many companies are working to improve their security and do what they can to lock down customer data. "We're always on the lookout for the next threat," says Bob Justus, senior VP of corporate information security and IS/IT contingency at Union Bank of California.
Guilbert, whose bank account was almost breached, is looking out for the next threat, too. She's in the process of placing a fraud alert on her credit files, and she's eyeing her credit reports for any suspicious activity. She's not certain what the future may hold and if the attempt to scam her ATM card is the end to her situation or the beginning of an identity-theft nightmare. For her upcoming birthday, Guilbert has a new gift request: a paper shredder. Says Guilbert, "What else can I do?"
Illustraton by Brian Stauffer
Continue to the sidebar: New Laws: Identity Thieves Could Face Stiffer Penalties
About the Author(s)
An award winning writer and journalist, for more than 20 years George Hulme has written about business, technology, and IT security topics. He currently freelances for a wide range of publications, and is security blogger at InformationWeek.com.
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While there are plentiful options in cyber resiliency and business continuity tools and platforms, there isn’t one that can knock out everything from sudden cloud outages to prolonged ransomware attacks in a single punch. What can you do to keep the company on its feet no matter what is thrown at it? Find out in this new virtual event.Reserve Your Seat Now


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"We Got Funded!" Abu Dhabi-Based Cloud Kitchen Platform The Cloud Raises US$10 Million In A Series A Round To Fuel Expansion Into The GCC And Europe
The Cloud was designed with a vision to become "the Airbnb of kitchens" by enabling the transformation of regular restaurant kitchens into artificial intelligence-powered cloud kitchens.
The Cloud, an Abu Dhabi-based business-to-business-to-customer (B2B2C) cloud kitchen platform, has raised US$10 million in a Series A funding round led by Middle East Venture Partners (MEVP), a venture capital firm that caters to early and growth-stage tech companies, and Olayan Financing Company, the Middle East investment arm of Europe-based multinational enterprise The Olayan Group. The round also saw the participation of Saudi Arabia-based venture capital firm Rua Growth Fund, among a consortium of other venture investors.
Launched in 2019 by Kamil Rogalinski and George Karam, The Cloud was designed with a vision to become "the Airbnb of kitchens" by enabling the transformation of regular restaurant kitchens into artificial intelligence-powered cloud kitchens, and thus increasing their kitchen utilization capacities. In just a little over two years of operation, the startup has already set up shop in the UAE as well as Saudi Arabia and parts of Europe.
"The rise of virtual restaurant brands is possibly the biggest disruption of the food service industry in the past 50 years," Karam, CEO, The Cloud, said. "Virtual brands can be created and launched quickly, and The Cloud's intelligent kitchen matching technology allows brands to be launched in localities and kitchens, where they are most likely to succeed. For F&B entrepreneurs, this means that they can test concepts and ideas very, very quickly using a fast fail mentality, and without having to take the full risk of setting up a physical restaurant. Proof of concept can be obtained in weeks, rather than months. The same, of course, goes for expansions into new markets."
Now, with the new influx of capital expected to be allocated towards further developing The Cloud's kitchen platform, the startup is keen on continuing its own expansion plans into the GCC and Europe. First on the cards, however, is solidifying its position in Saudi Arabia, where The Cloud launched in August 2022. "Our extremely fast growth since launching in Saudi -we are already in 15 cities in the country- shows that it's a hungry market," Karam said. "The country has a very big young audience, keen to try out new F&B concepts and cuisines and eager for new tastes. The Cloud can thus cater to these tastes very fast and we are creating new brands every month and also bringing favorites brands from around the world to Saudi Arabia. The Cloud also allows us to increase customer variety and serve customers in the provinces and more remote areas, where there is less choice of traditional brick and mortar restaurants."
Karam and his team's aspirations align well with the projected success rate of the cloud kitchen market, as a whole. As per Allied Market Research, the sector is expected to globally reach $112.7 billion by 2030, with a 2022 report by Zawya showing how MENA-based cloud kitchens are already contributing to a sizable chunk of that growth trajectory. But while the pandemic accelerated the interests of investors and consumers, alike, in cloud kitchens, there also remains the return to normalcy within the F&B sector: in-person dining and brick and mortar restaurants are back.
That, however, hasn't deterred the team at The Cloud. "We're happy that people are dining out again; F&B needs a good mix of sales channels, but we also realized that the COVID-19 crisis has changed the landscape permanently and has opened many restaurateurs' eyes to the potential of delivery," Karam said. "Consumers now value having a choice whether to dine out or in, or to organize a quick get-together with friends and good food. Restaurateurs, on the other hand, realized that they can evolve their restaurants into multi-brand restaurants, growing profitability and optimizing resources."
Karam and his team's overall vision has deeply resonated with the leading investors who partook in the Series A round. "The Cloud is truly collaborative in its approach and operates adroitly at the delicate intersection of restaurant owners, aggregators and food connoisseurs," Ankit Sarwahi, Managing Director at MEVP, said. "This unique positioning is central to our investment in The Cloud." A spokesperson for the Olayan Financing Company mirrored similar investor sentiments, saying, "We recognize that The Cloud -which is now firmly established in the UAE's food technology, online food ordering and delivery industries- is at the heart of today's increasingly complex restaurant ecosystem. It is accelerating growth by unleashing entrepreneurial opportunities and enabling chefs and restaurant owners to focus on what they do best– making great food and building incredible brands."
The Cloud's goals, of course, will be catapulted into action through its new round of funds. So, for F&B entrepreneurs who may need pointers on fundraising, Karam shared advice that is largely centered on resilience. "Persevere and be determined, and expect many no's before getting a single 'yes,'" he said. "The entrepreneurial journey is a long one; so prepare the right story, make sure you articulate your vision well so that it resonates, and network, network, network! Surround yourself with like-minded people who will only motivate you to succeed. And above all, believe in your product, work to make it better every day, and have a fail fast mentality."Related: "We Got Funded!" UAE-Based Produze Raises US$2.6 Million Seed Round To Bring The Power Of Technology To The Agriculture Industry


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In trade committee to talk about the Canada-Jordan trade deal Thursday, a spokesman for Canada’s cattle ranchers looked to flag a larger hurdle to the industry’s growth.
“Before I wrap up entirely, I would like to just use my final minute today to point out that, today, March 15th of 2012, is the day that the free trade agreement between Korea and the United States comes into force,” said John Masswohl, director of government relations at the Canadian Cattlemen’s Association.
“This is a serious concern to the Canadian beef sector, because today is the first day when Canadian beef will be at a tariff disadvantage to U.S. beef in Korea.”
Masswohl’s concern echoed
Masswhol’s comments allowed Liberal trade critic Wayne Easter to recycle a favorite metaphor.
“I maintain the government has been asleep at the switch in terms of some of our traditional markets,” he said. “I asked the minister a question when he was here on Tuesday about the Korea agreement — and us being displaced there — and he failed to answer.”
After South Korea was ordered by the WTO in January to lift a ban on Canadian cattle put in place after the mad cow scare in 2003, the Cattlemen’s Association estimated beef exports to Korea could reach $30 million by 2015 — only half of what they were in 2002.
Despite South Korea’s longstanding opposition to imported beef, the East Asian country’s imports were expected to rise to 340,000 tons in 2011.
Jordan, by comparison, is a small market, but could become a steppingstone to more lucrative Middle Eastern markets, MPs on the trade committee heard Thursday.
“We really see Jordan as part of the Middle East region,” said John Masswohl, director of government relations at the Canadian Cattlemen’s Association.
“Whether Jordan is the gateway or the steppingstone, or if it’s an added benefit … We have beef-exporting companies that have been very interested in Saudi Arabia, the United Arab Emirates, and even more recently Kuwait and Qatar.”
While Masswohl admitted Canada’s beef exports to Jordan amounted to “a few half-carcasses in 2011,” Conservative MPs were pleased he shared their belief that any increase in trade is positive.
“What I just heard from Mr. Masswohl is that government helps business by opening up markets and lets business do what it does best, so thank you for all of your comments,” Conservative Ed Holder said.
New Democrat MPs, though, continued to press witnesses on the labour conditions in the Hashemite Kingdom.
Ève Péclet demanded an explanation for reports by the Jordan Times — as recent as December 2011— that allege worker trafficking and the seizure of passports.
“The article may not be true, but go ahead and answer,” Committee Chair Rob Merrifield chimed in.
“It was refuted,” Sharon Clarke, the Director of Communications for Nygard International, answered.
“What happened in December was a false report by the newspaper,” added David Hudson, also from Nygard.
NDP MP Mathieu Ravignat, outraged by what he was hearing, tried to interrupt Hudson.
“These witnesses might as well be conspiracy theorists.


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On the morning of October 19th, in Da Nang City, the Department of Industry and Trade of Da Nang City, in collaboration with Samsung Vietnam, organized the ceremony for the collaborative project to develop smart factories in Da Nang City and the Central provinces in 2023.
The support process for the collaborative project to develop smart factories in Da Nang City and the Central provinces in 2023 includes three activities: Selecting support businesses, providing consultancy support for smart factory development, and post-management.
Samsung Vietnam conducted an assessment of the actual production processes at two businesses. Subsequently, specific improvement measures were proposed, such as establishing a real-time production monitoring environment, building a quality information management platform, creating a monitoring and forecasting environment for abnormalities, improving transportation processes, and more. Samsung also set specific goals for the level of achievement that businesses should reach after receiving support.
The selected businesses will undergo one week of theoretical training. Samsung experts from South Korea will train middle and senior management of the businesses on smart factory operations.
During the 11-week practical phase, Samsung experts and Vietnamese consultants will survey, assess the businesses, and directly advise and work with them to improve the on-site situation and establish a platform for process improvement, gradually establishing smart factories.
Finally, based on the on-site consulting results, the experts will continue to support the businesses in building operational systems and post-management. This includes encouraging businesses to independently continue implementing improvement activities, conducting periodic checks on the level of improvement in the production/IT field after the project.


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The outbreak of coravirus, has had an impact Foxcn finances with the iPhone assembly partner, is sustainable in its biggest year-year decline in revenue for a mth in a period of seven years because of the virus affecting its producti pipeline.
The operators of the line to an iPhone producti plant in China, photographed in 2018. (Source: Apple)
An important part of the Apple manufacturing process of the iPhone and other products, Foxcn in China have been heavily impacted by the sars coravirus, with factory closures and a slow return to normal of the producti likely to have an effect its balance sheet. In financial results released Thursday, it seems that the virus has made.
For the mth of February, Foxcn’s revenue fell by 18.1% compared with the same mth in 2019, Reuters reportswith the mth of February 2020 revenue sitting at T$217.5 billi ($7.28 billi) for the mth. The year-year drop is the biggest mthly drop for the company since the mth of March 2013, and is also the third csecutive mthly decline.
Foxcn has also warned the sars coravirus epidemic of harm to its bottom line for its full first-quarter results. Earlier in March, Foxcn, has told its revenues would drop more than 15% for some of its activities during the quarter, including csumer electrics and telecommunicatis products, but an income would be to recover producti levels to return to normal in China.
For the first half of the year 2020, Foxcn has admitted that he did not expect to have any revenue growth, the issuance of a “slight downward revisi” in its original guidance of “slight growth” for the year.
In an investor call Tuesday, the chairman of Foxcn, Liu, Young-Way claimed more than half of the regular seasal workforce aly had resumed work at its facilities. The assembly partner has forced the employees to return to the plants, offering a free shuttle service, meals and accommodati to work around the problems of transport caused by the virus, as well as metary incentives.
“The preventi of the epidemic, the resumpti of work, and producti are in the forefrt of our priorities,” Young-Way says investors, as well as suggesting there are no significant outstanding issues with the supply chain, and Foxcn has been helping its suppliers to the resumpti of producti.


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Depression and Drinking Soda Linked in New Study
Add one more aspect to the disturbing truth about soda and sugary drinks: a new study links soda consumption with a higher risk of depression.
Researchers looked at a sampling of more than 260,000 participants, with about 11,000 diagnoses of depression, over 10 years. They found that those who drank four or more sodas per day had an inreased risk of depression by 30 percent, compared to those who drank no soda at all, according to FOX News. The risk was even higher for those who drank diet soda compared to regular soda, and those who drank fruity, sugary drinks. And those loving diet drinks of any kind — soda, iced tea, or fruit-flavored drinks — had the higest risk of depression of all.
On the other hand, those who drank caffeinated coffee were 10 percent less likely to be depressed (add that to the growing research of diseases coffee can prevent). However, the researchers were clear that the study doesn't prove a cause and effect relationship — that soda causes depression — but more than those who are depressed are more likely to drink soda. "Our research suggests that cutting out or down on sweetened diet drinks or replacing them with unsweetened coffee may naturally help lower your depression risk," said study author Honglei Chen, Ph.D., in a press release.


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Want to crush your challenges and kill scores in the games you play every day? Try these dexterity games to improve your speed and coordination. Read more →
New IP Trademarked by Nintendo
Nintendo has long alluded to a new IP for quite sometime. The company has now recently registered a trademark dubbed Code Name: S.T.E.A.M. Strike Team Eliminating the Alien Menace according to a recent U.S. patent filing.
As far as can be known, the game’s tentatively titled moniker has no connection to Valve’s well-known PC service of Steam, its products, or games.
While the news may suggest a brand new title is on its way, no further details have been given at this time. Championing such iconic mascot series as Mario, Pokemon, and the Legend of Zelda, a new IP has still been something many of us want.
We’ll keep you updated as more word hits. What new game do you most want to see Nintendo make next? Share your thoughts with us in the comments below!


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Research has found endless environmental benefits to the vegan lifestyle; in fact, various studies have found that eating plant-based is one of the best ways to lower one's impact on the planet. But no matter what you eat, a significant amount of resources required to grow crops.
Various trendy diets which seek to lessen the consumer's impact on the Earth have cropped up in recent years — including the regenivore diet, which promotes regenerative agriculture and other sustainable agriculture methods.
Below, we explore the benefits of the regenivore diet, define its goal and origin story, and seek to differentiate it between a growing number of diets with Earth-friendly intentions.
What is a regenivore diet?
It can be difficult to ascertain the finer points of a regenivore diet amongst what Axios describes as "a dizzying nomenclature" of other, similar eco-friendly lifestyles. The New York Times describes a regenivore as one who expects their food to come from companies that are "actively healing the planet."
Though it is generally assumed that those who follow a vegan diet for the welfare of animals also seek compassion for those within the food production process, the regenivore specifically places an emphasis on the well-being of the humans who partake in the process, from those on the farm to those who eat the food, per an article by Natural Grocers.
Natural Grocers explains that regenivores place a high degree of concern on the health of the soil in which food is grown — a major tenet of regenerative agriculture — as well as the health of those involved in the food growing, food sale, and food consumption processes.
Those who encourage regenerative agriculture cite its "social fairness," its potential to restore the density of micronutrients lost in other farming techniques, the lower production costs for farmers, fewer pesticides and fuel needed during food growing, and greater "resilience" of the farms upon which food is grown, per the Rodale Institute.
Additionally, per the Rodale Institute, many believe that employing more regenerative agriculture can make a huge difference in fighting climate change. Not only does regenerative agriculture work to address food insecurity and improve biodiversity, but if every farm on Earth switched to regenerative agriculture, it could sequester all CO2 emissions from the atmosphere, according to Rodale Institute research.
An intriguing proposition, to be sure, though farmed animals still remain a part of the food cycle in this regenerative agriculture world.
Regenivore vs. climatarian vs. vegan: what is the most sustainable diet?
Again, though regenerative agriculture practices seek to bring about feelings of "joy and happiness" amongst farmers, it nevertheless includes "livestock," or farmed animals, as part of the food-growing process, according to the NRDC.
Ensuring the health and well-being of those who grow the food we eat is a moral imperative; so, too, is recognizing the reality that stopping consuming animals and animal byproducts greatly benefits animals as well as the planet.
All of which brings us back to the well-intentioned, growing number of modern diets that seek to fit a planet-friendly lifestyle. Green Matters has explored the Climatarian diet, which likewise improves CO2 emissions, seeks to avoid consuming beef and lamb and other animals sourced from unsustainable methods.
However, while Climatarians avoid food imported by airplanes, thereby overlapping in some respects with locavores, they nevertheless consume pork, poultry, and other animal meats and byproducts.
There are also reducetarians and flexitarians, who simply aim to reduce their consumption of animal products and eat more plant-based meals.
More people eating vegan diets is backed by research confirming the significant impact it would have on planetary health just as much as consumer health, per the Physicians Committee for Responsible Medicine.
From the risk reduction of certain cancers, dire diseases, and chronic conditions to the compassionate sense in knowing that a vegan diet does not involve the suffering or use of animals for human consumption, the vegan diet is the clear standout amongst a crowded and muddled field of modern diets.
That said, as consumers seek to make food and lifestyle choices that make the lowest reasonable impact on the environment, it appears that adopting a vegan diet along with incorporating the ethos of the regenivore, climatiarian, and locavore diets could make for a food system that will benefit the planet, the animals, those who grow and sell food, and consumer health globally.


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“The definition of beauty is changing to include the ethos of health, wellness and authenticity. The idea that beauty starts from within is a big change from the idea that beauty starts at the make-up counter,” says Grant, whose softly-softly approach includes bespoke facials with LED therapy rather than injectables or harsh lasers.
“Australian beauty has always been about this ethos, a natural look, and a voice that supports education so people can make up their own minds. We’re now realising that what we thought was uniquely Australian is actually a global and modern ideal of beauty.” Matthews, Carriol and Grant all agree that social media has largely bolstered the A-beauty boom. “The tyranny of distance that’s kept Australian voices quiet in the global world of beauty has been conquered with technology and social media,” says Grant.