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Updated : 1 year, 12 months ago IST
New Delhi [India], Dec 19 (ANI-BusinessWireIndia): TrakInvest, the virtual social trading platform and a fast growing ed-tech firm has moved to Blockchain and launched its own Cryptocurrency.
Seoul [South Korea] Dec. 16 (ANI): The South Korean spy agency has found evidences against North Korea in hacking incidents related to cryptocurrency.
Updated : 2 years ago IST
New Delhi [India], Dec 13 (ANI): In a major development, Koinex, India's first multi-cryptocurrency exchange and trading platform has received funding from global investment firms, Pantera Capital and Beenext Pte. Ltd.
New Delhi [India] December 9 (ANI): With competition heating up the Fintech sector in the country, it is witnessing a plethora of development and innovation lately. By embracing the latest technological innovations, Fintech start-ups have been able to provide users with a degree of convenien
New Delhi [India], Dec 7 (ANI): With high demand driving the prices of Bitcoin to record heights worldwide, cryptocurrency experts and the Reserve Bank of India have reiterated concerns involved in the investment in highly volatile market of Bitcoins.
New Delhi [India], Nov 23 (ANI): Propelled by the vision of mainstreaming crypto-currencies, the 'Coinome' platform has been launched in India. Headquartered in Mumbai, Coinome is from Hatio Innovations Pvt. Ltd., a wholly owned subsidiary of BillDesk.
Updated : 2 years, 3 months ago IST
New Delhi [India], Sept 13 (ANI): Kaspersky Lab's Anti-Malware Research team identified two botnets made of computers infected with malware, which silently installs cryptocurrency miners - legitimate software used to 'mine' virtual currencies based on blockchain technology, resulting in a lo
New Delhi [India], Sept 2 (ANI-BusinessWire): Cryptocurrencies and blockchain technology are creating waves throughout the world. The blockchain technology has started to attract a lot of common people and investors in the world, thus people are considering this revolutionizing technique to
Updated : 2 years, 9 months ago IST
New Delhi [India], Feb. 27 (ANI): Bitcoin start-ups Zebpay, Unocoin, Coinsecure and Searchtrade jointly launched Digital Asset and Blockchain Foundation of India (DABFI) for the orderly and transparent growth of virtual currency market.


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This consultation proposes the introduction of market restrictions – effectively a ban – on the most commonly littered single-use plastic items found on European beaches. It represents an important next step in our efforts to tackle our plastic problem, allowing us to maintain pace with the environmental standards of our European partners while re-affirming Scotland’s position as a world-leader in the circular economy.
What’s the best way to slow global warming? You decide in this Free Non-Partisan Climate Simulator Workhop. Click the button below to sign up for our upcoming workshops!
TechStartups – Coverage of Technology News, technology startups, Emerging technology, venture capital funding, and Silicon Valley…
Most plastics degrade when they’re recycled. But scientists have developed a new kind of plastic, called PBTL, that retains its strength no matter how many times it’s broken down and remolded.
Europe is full of broken-down equipment. With more than 12 million tons per year — the equivalent of 30,000 jumbo jets — Europe ranks second only behind Asia in terms of e-waste. The European Commission wants to implement a new ecodesign directive at the EU level to help ensure home appliances…
Vilnius’ abundance of nature, old forests and picturesque hills make it one of the greenest capitals in Europe. But Vilnius is also going greener and becoming more sustainable, making it easier to preserve the environment and leave a smaller footprint. Even if you don’t think about it every day, the smallest of actions can make a difference. Try buying fresh produce from local farmers, shopping at bulk stores, raising your kids in an eco-friendly way, making friends with like-minded people, exchanging various household items and participating in clean-ups. To make it even easier, check out this list of great sustainable stores and environmental events in Vilnius.

domain: news


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On June 20 Patently Apple posted a report titled "The Indian Government is Giving Apple a Three Year Grace Period to Open Apple Stores." The Hindustan Times reported at the time that "Apple India finally might have the opening to spread its wings free with exclusive Apple retail outlets as the government on Monday relaxed FDI rules and eased the condition that stipulates companies to source at least 30% of their components or merchandise for being eligible to set up company-run retail stores in India." It's being reported today that Prime Minister Narendra Modi is clearing the way for Apple to open its first retail store in India after repeated delays, according to people familiar with the matter.
Bloomberg reports today that "Modi's cabinet on Wednesday is likely to approve a three-year exemption on local-sourcing requirements for foreign single-brand retail companies with "cutting-edge technology," according to the people, who asked not to be identified due to rules for speaking with the media. At the same time, the government will make it easier for companies like Apple to meet that criteria, the people said.
The moves represent the latest shift for Modi's government, which has sent conflicting signals in recent months over Apple's bid to set up shop in India. Apple Chief Executive Officer Tim Cook visited India for the first time in May as he seeks to tap the world's fastest-growing smartphone market to counter slowing sales growth elsewhere.
Modi's push to clarify those procedures will pave the way for Apple to open a retail store, according to the people. The new rules may also impact China's Xiaomi Corp. and Leshi Internet Information & Technology Corp., which have also asked for exemptions." For more on this see the full bloomberg report here.
About Making Comments on our Site: Patently Apple reserves the right to post, dismiss or edit any comments.


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Don't miss this week
Professor Michael Feindt explains how tech from Cern will kick-start dynamic pricing and remove gut feeling from 99% of operational decisions.
Read the Retail Week Customer Insight supplement as a fully digital edition.
Retail news round-up on July 20, 2015: Ikea first to promise living wage, Morrisons staff jailed over data leak, Sainsbury’s boss vows store reinvention and food suppliers hit by price war.
The long awaited contactless payment service Apple Pay is expected to be switched on this summer in the UK.
EBay posted better than expected profits of $626m (£416m), as payments revenues counteracted the strengthening of the dollar.
A survey by Worldpay has identified online security as a significant concern and priority for British consumers when shopping online.
Shoppers at Amazon’s new bricks-and-mortar stores could pick up items and leave without immediately paying for them, according to a patent it has filed.
Start-ups in retail technology are growing and Retail Week is highlighting some of the best. This week Namogoo is in the spotlight.
Start-ups in retail technology are growing and Retail Week is highlighting some of the best. This week Zooz is in the spotlight.
How can online retailers keep cybercriminals at bay without making loyal shoppers jump through hoops to make a purchase?
Payment card data has long been a target for cyber criminals, but over the last 12 months we have seen major compromises in the US retail sector.


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Posted by Laurel
I am very disappointed that the Office Max at 72nd and Dodge no longer permits customers to use the restroom facilities. Can't cater to the customer the ypu don't need my business.
Based on 294 votes.
Find OfficeMax hours of operation for locations near you!. You can also find OfficeMax location phone numbers, driving directions and maps.
OfficeMax Grand & Toy will continue to service its business customers via the company's advanced e-commerce website, award-winning customer service centres and direct sales representatives. "We are concentrating our efforts on ways to better serve our ...
First, it mishandled customer service, which is the front line of public relations. When Seay contacted customer service, he was met not with an apology, let alone sympathy, but rather with incredulity. He was literally told the letter he was holding ...
He called an OfficeMax number last week and a call center manager didn't believe he had received a letter with that line in the address. An OfficeMax spokeswoman told the L.A. Times that the company is still collecting information about the incident.


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The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with future coupons.
The Supreme Court on Wednesday said an early verdict from NCLAT on Amazon’s challenge to a CCI order suspending approval of the multinational’s Rs 1,431-crore investment in future coupons would help resolve the pitched legal battle to wrest control of Future’s mega retail assets.
Future Retail and its promoters have filed appeals before the division bench of the Delhi High Court challenging the order passed on Tuesday that dismissed the Group's petitions for termination of the Amazon arbitration.
Facing heat from banks for recovery of outstanding dues, Future Retail on Tuesday moved the Supreme Court seeking quashing of lenders' letters threatening initiation of insolvency proceedings by citing its still alive, but mired in cross-country litigations initiated by multinational Amazon, deal with Reliance Retail for sale of assets for nearly Rs 25,000 crore.
The National Company Law Appellate Tribunal (NCLAT) will on Thursday hear a petition filed by e-commerce major Amazon challenging a recent order of fair trade regulator CCI that suspended an over two-year-old approval for its deal with future coupons.
The Supreme Court on Tuesday reserved orders on the future course of the multi-layered litigations between Biyani group's future coupons and cash-starved Future Retails, the latter managing to stay afloat with a promised Rs 25,000 crore deal with Reliance Industries, on one hand and the trillion dollar multinational retail company Amazon on the other.
US e-tailer Amazon has filed a writ petition in the Delhi high court seeking clarifications on the alleged harassment of its employees by the Enforcement Directorate (ED).
The Competition Commission of India has suspended its approval of Amazon’s 2019 deal with future coupons, on the sole basis of which the US e-tailer was fighting several legal battles to block Future Group’s proposed sale of assets to Reliance Retail for Rs 25,000 cr. The development could prove to be a stepping stone for the Reliance-Future deal to go through, subject to regulatory and legal approvals.
Employees of debt-ridden Future Retail (FRL), the parent of supermarket chain, Big Bazaar, have asked the Supreme Court to clear the company’s asset sale to Reliance Retail and rule against US e-tailer Amazon.
Lawyers in the high stakes Future-Amazon-Reliance litigation on Thursday recorded ‘no objection’ to an SC judge being part of a three-judge bench headed by CJI N V Ramana despite her declaration that she and her family members held shares in Reliance Group.
The National Company Law Appellate Tribunal (NCLAT) on Thursday issued notices over the petition filed by e-commerce major Amazon, challenging a recent order passed by the fair trade regulator CCI that suspended the over-two-year-old approval for its deal with future coupons Pvt Ltd (FCPL).
Future Group entity future coupons along with the group’s promoter Kishore Biyani and others on Thursday filed a special leave petition (SLP) in the SC to challenge the Delhi HC order on the Rs 24,700-crore proposed Reliance-Future deal.
India's antitrust regulator has accused Amazon.com Inc of concealing facts and making false submissions when it sought approval for a 2019 investment in a Future Group unit, a letter to the US e-commerce giant seen by Reuters showed.


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3D Printing Battles Animal Extinction
3D printing enthusiasts are using additive manufacturing to combat animal extinction on multiple fronts. One Italian-based artist, Andrea Pacciani, is creating exotic ivory-alternative objects that she hopes will entice patrons toward her “sustainable, animal-friendly pieces.” Not only do the items look and feel like ivory, because they are 3D printed, Pacciani is able to create designs that cannot easily be produced with traditional carving methods.
The International Fund for Animal Welfare (IFAW) has also adopted the technology to create a graphic reminder that we won’t be able to just 3D print more animal species if they are driven to extinction. Its ad campaign, produced by Young and Rubicam, shows partially printed, like-like reproductions of an elephant, orangutan, and whale to communicate its dire message.
Other nonprofit firms, such as Paso Pacifico have used 3D printing creatively to advance their causes. Paso Pacifico chose
These initiatives show the commitment and ingenuity dedicated to saving at-risk species and the potential and versatility of 3D printing.
View Latest Posts
RapidMade is manufacturing COVID-19 Personal Protective Equipment (PPE) Orders under 30 units should be placed via the Amazon product links below. Fluid Barrier Face Masks
From prototyping to industrial-strength parts and products, additive manufacturing (AM) offers an innovative solution for accelerating production timelines and keeping costs low amid rising inflation


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Felt’s $15 million chance to prove cards are the next big medium – TechCrunch
Despite economic turmoil in the tech world, an Oakland-based startup shows that moonshots are still being funded. Felt, co-founded by Sam Hashemi and Can Duruk, wants to shake up the role of cards in society and rethink the way we think about the medium. The startup allows users to create a map with integrated datasets and work with each other to present impact in a less static way than your average Google Maps query.
Despite a massive mission – to prove that cards are a forgotten but fundamental medium worth renovating – the co-founders cited Figma and Notion’s proven business models, both valued in the billions, as reason to believe in their work. The aforementioned companies have both successfully rolled out to users for personal use and then pivoted to enterprise, a playbook that Felt wants to follow (and whose language VCs can certainly speak).
“That kind of business model and market access is – I don’t mean immune, but is a bit removed from the kind of market swings we see,” Hashemi said. “It’s really not about consumer spending, it’s not about an advertising business, it’s just the day-to-day work that businesses rely on.”
The argument worked. Today, the collaborative software startup tells TechCrunch that it recently closed a $15 million Series A led by Footwork, with participation from Bain Capital Ventures, Moxxie Ventures, and Designer Fund.
Since its funding round, a $4.5 million investment announced in August 2021, Felt has grown its team from seven to 15 people in Hawaii, California, Missouri, Vermont, Canada and Spain. One of Felt’s team members — Mamata Akella — is even a internal cartographer – a job title you don’t see too often in the ranks of early-stage startups.
The funding and growth of the team means that Felt thinks it’s ready for the next phase of growth: feedback. The startup launched its platform publicly today after weeks of private beta testing with over 1,000 people. The public beta combined 50 layers of data, such as earthquake history or wildfire data, with a clean interface meant to allow users to draw their own maps. That in itself is a feat, the co-founders say, given that the data is often fragmented, inaccurate, or just plain badly formatted.
Felt is meant to be a continuation of the collaborative software movement underscored by everyday tools like Google Docs and top companies like Notion and Figma, as well as a sequel to Hashemi’s former company Remix. Acquired by Via for $100 million, Remix is an urban transportation planning startup born out of the Code for America Hackathon. Felt was the follow-up story, this time taking mapping beyond cities. From August to present, the co-founders say Felt went from a tech demo to a product with more “commercial legs,” including richer, verified datasets, fewer bugs, and hopefully -the, faster loading time.
Felt was launched with a climate-focused angle, but that focus seems broader today. Hashemi said the company is also investing in ways to serve other use cases, such as science needs to understand the ocean landscape, or the national park wanting a better way to follow trails.
Duruk said they no longer view climate as a single industry, but rather as a horizontal idea. “Now every industry that has a physical presence on Earth has to have climate, weather, fires and floods in mind…it impacts everything.” An example given by Hashemi was how maps can help people fleeing war in Ukraine. How do people offer homes, get matched, or see what’s available?
Many of these collaboration use cases, he explained, “require a larger audience using the product and pushing the boundaries.”
The next chapter should help Felt prioritize which features to launch next or identify surprising use cases, but it should also give Felt the pressure to address some of his most imminent challenges, such as map moderation or creating processes that limit bad actors. These are massive questions that need to be answered before cards become the next big medium. The startup launches with a moderation-first approach at the start, prohibiting any type of criminal and illegal activity such as “the next insurgency map”. Duruk thinks the public launch will show what gaps they have in their understanding.
“You have to moderate,” said Duruk, who previously worked at Uber and data security firm VGS. “I don’t believe in opening something up to the world just filled with hopes and dreams, a small number of bad actors can make the experience horrible for everyone and turn the platform into a bad place.”
The startup has a well-fed competition. Along with Google Maps and Apple Maps, social map app Zenly, a company owned by Snap, recently announced that it’s creating its own mapping data and engine. After three years of work, Zenly wants to integrate social data and cartographic data into a single framework; focus less on “pixel perfect” and more on deploying a different kind of map.
For Felt, it’s both a competition and an affirmation. While Zenly is consumer-oriented, Felt wants to be enterprise-ready. The success of both efforts hinges on the world’s appetite for a new way to map their thoughts. Even if it takes more than getting from point A to point B.


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Dine Local, Taste Global at Beaverton Restaurant Week.
Enjoy global flavors at local eateries during the 7th annual Downtown Beaverton Restaurant Week, happening from September 21 to October 1, 2023. More than 30 downtown restaurants are offering special dishes from different cuisines. Support your community and savor some of the best food on the Westside. Check out the list of participating restaurants and their menu items below.


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Try to take your smartphone, whether it be clean? Sure? A study conducted by Professor Michael Schmidt of the Medical University of Southern California showed that touch-screen smartphone contains a lot of bacteria. Bacteria that can cause flu, diarrhea, and even inflammation of the ear, reported by Genius Beauty.
This research was carried out on a number of employee-owned smartphones in the Chicago office. The results showed that more than half of the employee-owned mobile office contains E. coli. This is a proof that the office workers often ignore to wash their hands after using the toilet. In addition to E. coli, found 56 pathogenic bacteria that breed on the smartphone screen.
Not Enough just water for Cleaning
With these results, it is certainly important for us all to keep the phone. This study is also looking for the best way to clean a touch screen smartphone, but having problems. The water is not enough to clean up the oil especially the bacteria on the screen. Liquid cleaners only clean the phone without screen scraping, but bacteria can still live. While alcohol can kill bacteria, but it can damage and scratch the smartphone screen.
The researchers suggested that the owners of smartphones do not forget to always wash your hands after handling the phone, before eating, after taking public transit and after using the toilet. Because until now there is no best medium to kill germs smartphone, boost immunity in bacterial attacks also be the best way to maintain a healthy body.


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Google dropped Google Maps support for the Apple Watch, with the company later telling Shara Tibken of CNET that the app may once again support Apple's popular wearable in the future. The support was officially dropped in the latest build of the Google Maps app for iOS devices, and Google's comment on the matter did not include an explanation for why the decision to stop supporting the device was made. Likewise, it's currently unclear when the company is planning to reintroduce the feature. The latest version of the app in Apple's iOS App Stor does not even mention that support for the Apple Watch has been pulled, with its changelog only stating that the app was updated with a Directions widget for the lock screen, iMessage location sharing, and unnamed bug fixes.
The newest version of the Google Maps app for iOS seems to be focusing more on increasing the utility of the app outside of its dedicated interface, which makes it all the stranger to see Apple Watch support be removed. Since Apple requires developers to build individual apps for the Apple Watch, it's easy to imagine that something broke, leading Google to temporarily pull the Apple Watch version of the app. This possibility is all the more likely in light of the fact that Google didn't disclose when its support for the device will return.
Other popular apps such as Amazon and eBay have also reportedly been ditching the Apple Watch in recent weeks. Interestingly, Google is the only one thus far to report that they'll be bringing support back. Apple's flagship smartwatch has been recording fairly decent sales lately, making it somewhat strange to see interest in the platform apparently waning. The latest turn of events follows shortly after Android Wear 2.0 received its full release and started making its way to a wide range of smartwatches, bringing an Android Wear version of the Play Store with it, among other features. Fitbit is also on the verge of releasing their first full-featured smartwatch, which could end up being a revival of Pebble, but the company has yet to clarify what operating system will its upcoming wearable run.


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Uber continues to assert its service is a convenience for drivers while governments start to crackdown. The British ruling, which requires Uber provide a minimum wage per hour, is an existential threat to the company’s argument. What’s the immediate impact of this decision? It could further erode the valuation of existing Uber shareholders’ stock in the SoftBank deal. If Uber doesn’t complete that raise, its value will sink back toward where Lyft’s is currently, because Lyft is growing faster now.
“Over the last year we have made a number of changes to our app to give drivers even more control,” said Uber UK’s Acting General Manager Tom Elvidge in a statement. “The main reason why drivers use Uber is because they value the freedom to choose if, when and where they drive.”


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Company’s Zero-Waste Inspired® mission aligns with USDA objectives
BELVIDERE, NJ, Oct. 23, 2023 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that the Company has received a grant from the United States Department of Agriculture Organic Certification Program administered by the Hackettstown Farm Service Agency. These funds are designated to reimburse organic producers and handlers with financial assistance to reduce the costs associated with organic certification, as well as processing/handling certifications.
Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are pleased to receive this grant from the USDA’s Organic Certification Program, overseen by the Farm Service Agency. The grant provides reimbursement for a number of the costs associated with our organic crop certification, and related costs at our Belvidere, New Jersey facility. Being at the forefront of controlled environment agriculture and committed to local, organic, and sustainable produce, organic certification is a key advantage for the Company. This award builds on our existing collaborations with the USDA. Earlier this year, our Grand Rapids, Michigan-based Edible Garden Heartland facility also received a similar grant. Moreover, we’re currently partnering with the New Jersey Institute of Technology, USDA, and EPA on research focusing on nanobubble technology’s role in ensuring the safety of fresh produce and processing methods. The Company’s Zero-Waste Inspired® mission aligns seamlessly with the USDA’s objectives, and we are eagerly anticipating more opportunities to collaborate and contribute to the world of sustainable agriculture through future projects.”
ABOUT EDIBLE GARDEN®
Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products backed by Zero-Waste Inspired® next generation farming. Offered at over 5,000 stores in the US, Edible Garden is disrupting the CEA and sustainability technology movement with its safety-in-farming protocols, use of sustainable packaging, patented GreenThumb software and self-watering in-store displays. The Company currently operates its own state-of-the-art greenhouses and processing facilities in Belvidere, New Jersey and Grand Rapids, Michigan, and has a network of contract growers, all strategically located near major markets in the U.S. Its proprietary GreenThumb 2.0 patented (US Nos.: US 11,158,006 B1 and US 11,410,249 B2) software optimizes growing in vertical and traditional greenhouses while seeking to reduce pollution-generating food miles. Edible Garden is also a developer of ingredients and proteins, providing an accessible line of plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands. In addition, the Company offers a line of sustainable food flavoring products such as Pulp gourmet sauces and chili-based products.
For more information on Edible Garden go to https://ediblegardenag.com/.
Crescendo Communications, LLC


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Online Crime And Identity Theft Surpass Drug Racket
A committee at the Authentication and Online Trust Summit concluded that Intellect, dedicated people and a conducive atmosphere were the finest instruments for formulating a cybercrime and identity theft prevention plan, reported Dmnews in its April 20, 2007 issue.
Being one of the most rapidly evolving crimes in USA, it's now expected to overtake the drug traffic. Identity fraud, which several persons weren't aware of half a decade ago, has become a routine affair nowadays.
During a conference named "Online Crime and Identity Theft: Following the Bits and Bytes," security industry specialists addressed the anxieties surrounding cyber-crime and safety measures. The trick is to recognize the persons implicated in phishing attack using junk e-mails, botnets, and malevolent programs.
"The hackers group has developed several methods to hack online banking process. It's not easy to find a method of solving all your troubles," stated Peter Cassidy, APWG's secretary general, in a report on April 19, 2007 in Vnunet.
The five most well-known identity thefts are: driving license, Social Security Number, criminal, medical, and fiscal. Identity theft involves stealing of personal identity details and it happens in several ways. Due to growing dependence on online methods to carry out financial dealings and data storage, identity details becomes easily available to hackers.
"Similar to conventional organized crime, different persons in a spam network have distinct abilities and publicizes both their merchandise and facilities," alleged Daniel Larkin, FBI's head of the cyber division. "The risk is not for a particular sector, the cybercriminals are not aiming any specific industry. Money is the most important factor," as reported in Dmnews on April 20, 2007.
The money comes from marketing stuff like unlawful music downloads and pirated software.
The structure of a phishing scam contains different grades of organization comprising a cyber-terrorist, a spammer, a data dealer, documents and product, a re-shipper/teller and a money launderer. Underworld gang mainly operates from Eastern Europe, Russia, while others operate from West Africa and the USA.
Organization should even reiterate anything that helps to prevent these frauds and educate employees and clients persistently on methods of preventing online theft.
Related article: Online Card Fraud Shows Greater Tendency Than Chip and Pin
» SPAMfighter News - 4/30/2007
We are happy to see you are reading our IT Security News.
We do believe, that the foundation for a good work environment starts with fast, secure and high performing computers. If you agree, then you should take a look at our Business Solutions to Spam Filter & Antivirus for even the latest version of Exchange Servers - your colleagues will appreciate it!


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Weight Loss Achieved the Natural and Easy Way Weight loss is a confidence game. It can be achieved and the way to shedding those extra pounds is natural and easy provided you go about it the right way.
Mar 28 2014, 7:42am CDT
Tesla Finishes One West-To-East Route It may not go down in history like the driving of the “golden spike” that completed the transcontinental railroad in May of 1869. But Tesla nevertheless finished an important cross-country route of its own this week: In...
Jan 25 2014, 7:25am CST
Xbox One: There will be No Micro Transactions In Titanfall Here’s a welcome surprise for one of the biggest Xbox One titles coming out this year: Respawn Entertainment’s Titanfall will not feature microtransactions when it launches in March, the company confirmed over...
Jan 25 2014, 4:52am CST
Apple Looking into Starting its own Mobile Payment Service Apple has thought about the issue before but the plans got scrapped. Now, however, it is seriously looking into starting its very own expanded mobile-payments system. It has all the hardware and all that is needed is to put the software in place.
Jan 25 2014, 1:29am CST
Comcast Delivers Online Olympics Coverage to TV Comcast to bring online Olympics coverage to big-screen TV LOS ANGELES (AP) — Over the past few Olympics, NBC has shown more live coverage over the Internet than it has on TV. For the upcoming Winter Games, Comcast's...
Jan 24 2014, 2:38pm CST
Why We Start Up Startups Thanks to the great Brad Feld for publishing this column in his blog today as well. Pause for a moment. And ask yourself some simple questions you probably don’t think about every day. Why do we build...
Jan 24 2014, 9:36am CST
Google Adsense Direct is For Small Publishers Those playing the ad game within the Google universe are very familiar with Google AdSense and DoubleClick for Publishers (DFP). As a refresher, AdSense automatically fills unsold ad space inventory for quick and easy...
Jan 24 2014, 8:11am CST
Tax Filing Procedure Complicated It is tax return filing season and, although things will hopefully work out just fine in the end, various issues have cropped up along the way. Besides the governmental shutdown some time back another glitch which makes the procedure even more complicated is imitation sites that charge for free form filing.
Jan 24 2014, 6:30am CST
Display Ads are as Compelling As TV Spots In the lobby of Google’s Building 900 at its Mountain View headquarters, there’s a display of Google-colored squares and rectangles that looks like a bland abstract-art piece. It turns out these are the shape and...
Jan 24 2014, 5:18am CST
Apple's Mac still Big Influencer, 30 years after Debut Apple's Mac still influences computing today, 30 years after its debut NEW YORK (AP) — Look around. Many of the gadgets you see drew inspiration from the original Mac computer. Computers at the time typically required...
Jan 24 2014, 1:15am CST
Toyota Prius 2015 will be Lighter and Fuel-efficient Toyota is going to debut its next-generation Prius car in 2015. And it is expected that Toyota Prius 2015 will be based on an all-new TNGA architecture that will make it lighter and fuel-efficient.
Jan 24 2014, 12:08am CST
Google Ad Chief Susan Wojcicki Talks about Next Big Battle Straightforward and unflashy, Susan Wojcicki doesn’t come off like the most powerful woman in advertising that Forbes and others have labeled her. When we meet outside her office at the Googleplex in Mountain View, she’...
Jan 23 2014, 2:31am CST
Between is an App for Lovers App Watch: Will you be my Between? App creates private space for you and your special person SEOUL, South Korea (AP) — If ever in doubt about your guy's commitment to a relationship, ask him if he would commit to an app...
Jan 23 2014, 2:27am CST
Hearthstone's Open Beta Is Officially Live Blizzard can be quite stealthy when they want to be, and all of a sudden, after months and months of waiting, they’ve flung open the gates of the Hearthstone beta. The Warcraft-themed online card game has been in closed...
Jan 22 2014, 5:00am CST
Irs.gov Offers Free File Program The governmental shutdown has caused the date for filing tax returns to be postponed to January 31st. However, the Irs.gov free file program makes this quite an easy proposition.
Jan 22 2014, 4:57am CST
Beats Vs. Spotify: Let The Streaming Wars Begin Beats Music is being launched today to much fanfare and rightfully so. Using “music curation” as its main calling card, it’s a different take on a theme used by other competitive services. Whether the public views that...
Jan 22 2014, 4:21am CST
5 Reasons to Start Loving Windows 8.1 You don’t have to look far to find reports that Windows 8 (and the updated Windows 8.1) is an unmitigated failure. A quick search turns up stories detailing why Windows 8 has failed, why Windows 8 continues to fail, as...
Jan 22 2014, 4:00am CST
Experts say that Target Hackers will be tough to find Target hackers remain hidden behind shadowy, multi-layered black market, experts say NEW YORK (AP) — It doesn't surprise experts that some debit and credit card numbers stolen from Target's computer systems may have...
Jan 22 2014, 2:51am CST
Lindsay Lohan Reveals New Film at Sundance Lindsay Lohan announced her new movie ‘Inconceivable’, in which she is going to work, at the Sundance Film Festival in Park City, Utah, on Monday, January 20th.
Jan 22 2014, 12:22am CST
First Tizen-based smart Phones coming this March, says Japan's NTT Docomo A brand new smart phone operating system, which is developed by a global collaboration of famous tech firms to rival Google's popular Android OS and the Apple's iOS, is going to be launched in the next few months, and the news is according to the famous Japanese mobile phone operator, the NTT Docomo.
Jan 20 2014, 10:11am CST
Startup Kateeva Aimes at Killing LCD TV Displays There are few problems harder in technology than bringing a new type of display to market. Since the invention of television and the CRT in the early 1900s, it’s been successfully pulled off twice. First, with the...
Jan 20 2014, 9:17am CST
The iPhone 6: Five Features It Must Have To Stay In The Game Having owned the last three major revisions of Apple’s iPhone and had extensive use of other handsets besides, I believe the iPhone 6 will be one of the most significant launches yet of an Apple iPhone.
However, I don’t...
Jan 20 2014, 5:46am CST
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The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know.
The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year.
The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know.


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UOB Thailand unveils indoor event hub UOB LIVE
It has a capacity of 6,000 seats and will also offer dining and shopping experiences.
United Overseas Bank’s Thailand arm has collaborated with The EM District and AEG to unveil the indoor event hub UOB LIVE.
The 6,000-seat capacity hub is designed to cater to “a diverse array of event formats,” the bank said in a press release.
UOB LIVE also aims to offer a world-class shopping experience and serve as a central hub that will host a diverse range of restaurants and stores.
UOB Thailand president and CEO Tan Choon Hin said that the partnership seeks to reshape the entertainment landscape in Southeast Asia.
“UOB LIVE goes beyond being a conventional entertainment platform. It will serve as an exceptional conduit for fostering a collective effort to establish Thailand as a paramount hub for global entertainment activities,” Tan said, commenting on the unveiling of UOB LIVE.
"UOB LIVE is destined to be a pivotal component, strengthening the bank's position as a premier financial establishment built on a sturdy foundation. It will offer a unique and exceptional experience, not only for customers in Thailand but also across the region,” Tan added.


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ADOTAS — There may still be more commercials on TV than on the Web, but online video ads are encroaching on TV’s advertising dollars as the potential viewers rival prime-time audiences and quality content increases.
Television remains the dominant advertising medium in the U.S, but it’s starting to lose its luster. The trend becomes more obvious when you follow ad spend: the Interactive Advertising Bureau (IAB) recently surveyed 5,000 advertising executives and found that 75% will relocate at least some of their budgets to digital video ads.
The market for video ads is soaring with approximately 58 percent of the U.S. population watching streaming media. It also captures audiences that are difficult to reach through TV ads only, such as light viewers or young adults, IAB says. Only about 15 percent of U.S. adults don’t go online, Princeton Survey Research Associates has found.
Advertisers are now understanding that people are starting to consume more content through digital media, and more content is coming online, Late-night talk shows have begun to exploit the potential of well-produced viral videos while Emmy-winning programs such as “House of Cards” are only available online. The online audience is growing, and new technologies powered by semantic ad matching are emerging that are making it easier to discover relevant content. It’s really all just beginning.
The shift in ad spend could be viewed as a horse race. eMarketer estimates that U.S. advertisers will spend $66.4 billion on TV ads this year, compared to $4.1 billion online. Video ads will grow another 40 percent over the year. That doesn’t bode well for TV advertising at first blush, but the TV ad market is still growing (just more slowly), and it’s much more mature. eMarketer says that U.S. TV ad spending will rise from $66.35 billion this year to $75 billion in 2017; $64.54 billion was spent in 2012.
However, viewing TV and online advertising as rivals is a narrow perspective: one reinforces the other. In fact, brands and publishers are more often than not viewing the platforms through an integrated lens. David Matathia, Director of Marketing communications at Hyundai Motor America’s stated, “We’re pretty much approaching all of our major broadcast partnerships in concert with our digital programs.
Online ads create additional opportunities as demonstrated by a July Nielsen report commissioned by Facebook that said “cross-screen” bundles are more effective.
Social networks like broadcast networks
“The emergence of far-reaching publishers like Facebook, however, means that marketers now have another option for reaching consumers en masse. Likewise, the availability of true cross-screen metrics enables them to understand how digital can reinforce and complement their TV investment,” the Nielsen report said.
Morgan Stanley is predicting that Facebook’s forthcoming online video ad platform could become a $1 billion business next year. Ad revenues could reach $6.5 billion by 2020, its analysts say. Advertisers are willing to pay a premium to Facebook because its reach into the 25-34 year-old demographic meets or exceeds the four TV networks, Nielsen says. Recently, Facebook COO Sheryl Sandberg told investors that the site has between 88-100 million active users online during U.S. prime time hours, and it will charge millions for ad space.
Having another medium that is as viable as TV, and in some ways even more targeted, is great for content makers. The creation of content isn’t easy, and it’s also expensive. Major upfront investment goes into creating great content that must be HD quality, professionally produced, and ultimately placed where it can attract viewership. To justify the investment, content creators need an ongoing distribution strategy.
Online Video Syndication: It’s just good business
Ad networks will benefit because brands want good editorial content and they are willing to pay for it. Content producers are constantly looking for ways to drive new revenue and create a one-to-one relationship with a brand. Publishers aren’t just looking for a way to “give their content away”, they want to reach the right audience at scale, and to use it to drive greater returns. If that means partnering with content syndication providers that can drive a relevant audience to get eyeballs to their video, that’s fine, as long as they have a share in the revenue where their content is featured.
The rise of video advertising and video syndication is good for brands and for content providers as it creates engagement, and that means greater monetization. In the future, content producers will be more selective about the type of videos they make and the partners they choose to distribute them with over time. As the quality of the content that is created continues to improve, selling it at a premium price will become more important and distribution will be key. As this trend unfolds content products are going to want a greater share in the revenue generated from their content and that means working with syndication partners who afford them this opportunity.
Online video ads will generate even greater revenues as distribution and syndication opportunities improve allowing consumers to continue to view more streaming media and as new advertising platforms and business models take hold. The pie might grow larger with serendipity, but TV is losing some of its potential market.


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These were only a few of the headlines yesterday as the streaming giant crossed 100M subscribers and stocks soared by 9%. With 51.92M subscribers in the US and 52M abroad, a majority of Netflix’s streaming users are outside the US for the first time.
Rewind back to last July when Netflix had reported its weakest subscriber expansion in two years and shares had plummeted by 15%. Needless to say, Wall Street was far from gushing over the company then.
And therein lies the problem — Wall Street doesn’t seem to understand the complexities of subscription businesses.
As The Financial Buzz points out, “Netflix has indicated to Wall Street it would like to be judged primarily based on its revenue and global operating-profit margins, as opposed to metrics such as its subscriber additions. But many investors have remained focused on subscriber growth as a proxy for long-term financial health.”
While there’s no doubt that the number of subscribers and market share is a big indicator of a company’s success, there’s a lot more that contributes towards success in the Subscription Economy. An equally important measure is LTV or Customer Lifetime Value i.e. the value a business can derive from a customer relationship. In other words, it’s a measure of how much profit a company expects to make from any given customer in the future. Unlike traditional product businesses where it’s all about the number of units sold in a given quarter, subscription businesses are about nurturing and growing the subscriber relationship over time.
And Netflix is one of the few companies that truly understands the importance of LTV and focuses on maximizing it. They are way ahead of most businesses in using data to truly understand their customers and cater to their needs and thus, increase their LTV. But, even though the company has had great success in understanding its US customers, it took time to understand its international audiences and thus, the low acquisition numbers last year. Netflix knows that while increased marketing spend and offers could bring in more subscribers, they may not necessarily be the right type of long- term subscriber. It looks like the company took its time to make the right investments rather than focussing simply on a surge in subscribers. Churn rates a few quarters down the line will tell us if these were indeed the “right subscribers” for the company.
The company has also been consistently investing in original content. Once again, critics had jumped to call it irresponsible and concluded the demise of the company. But, as Zuora CEO Tien Tzuo foresaw it last year when he said – “I suspect Netflix is actually spending more money on compelling local programming, to fuel its expansion into 130 countries and to mine the terabytes of usage data it owns to inform the creation of new shows to further reduce the risk of failure.“
And yesterday, Netflix CEO Reed Hastings told an analyst that the company was indeed reaping the dividends of its big content investments. “When we produce an amazing show like Stranger Things, that’s a lot of capital up front, and then you get a payout over many years,” he said.
When Netflix took a hit at the stock market last year, we had cautioned Wall Street – “This isn’t a story of failure but on the contrary, it’s a story about a very smart and methodical business working its way from being a regional success to a globally successful media business. It’s time Wall Street caught on.”
A year later, the results speak for themselves. Or in headline-speak – Netflix Shares Set to Skyrocket to Highest Price Ever!


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Bridgepoint Puts Up $770M To Acquire AHT From Quadriga
AHT had been majority-owned by Quadriga, a German private equity firm, since 2006. The refrigeration company has production sites in Austria and China and has set a 2013 revenue forecast of roughly €330 million, according to previous AHT releases.
The deal is subject to antitrust approvals and is expected to close in October. The...
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Startup that lets people comparison shop for health care enters Twin Cities market
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OkCopay Inc., a Chicago startup that lets consumers comparison shop for medical procedures online, entered the Twin Cities market this week.
The company, founded by J. Touré McCluskey, targets people who don't have insurance and will have to cover the full cost of medical care. It also focuses on consumers shopping for pricey elective procedures — such as Lasik eye surgery — that aren't typically covered by insurance.
For the Twin Cities market, the company has data posted online for procedures stretching from wrist x-rays (prices range from $65 to $230) to liposuction (pricing ranges from $2,400 to $5,500). It also has pricing for dental care. OkCopay leaves primary care out of its listings because it's too difficult to compare costs, McCluskey said, though it does feature routine procedures like flu shots.
McCluskey started his career at pharmaceutical company Eli Lilly & Co., where he reviewed drug pricing.
"I was the guy who helped raise the price of your diabetes medication every year," he said.
He also founded a wellness company before launching OkCopay in 2011. The company tested its service in the Chicago market before expanding to Indianapolis and Milwaukee. It's now aiming to expand throughout the Midwest.
OkCopay gathers its pricing data through independent research.
"A lot of it is just calling up doctors and asking what their prices are for cash-paying patients," McCluskey said.
If the website gains traction, McCluskey hopes to build on that research by crowdsourcing prices from people who make cash payments at doctors' offices.
The company generates revenue by selling online advertisements to health providers.
Katharine Grayson covers med tech, clean tech, technology, health care and venture capital.
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Bajloor Rashid is the president of the Bangladeshi Caterers Association, the umbrella organisation for Bangladeshi restaurateurs in the UK. He spoke to Kerstin Kühn about the problems facing London's Brick Lane, where businesses are under threat from soaring overheads
What are the issues facing Bangladeshi restaurateurs on Brick Lane?
The Bangladeshi restaurant industry in the UK comprises 12,000 restaurants employing more than 90,000 people and generating annual turnover of £3.5b.
Brick Lane is Britain's capital of Bangladeshi restaurants, but the community has come under serious threat. Rates and rental payments have soared over recent years as the area has become more fashionable, and it's making it increasingly difficult for restaurant owners to stay in business.
Are rising overheads not a problem for the whole hospitality industry?
Yes, but Brick Lane is an extreme case. In the past four years, rent has more than doubled and rates have increased by up to 70% - which is much higher than in other parts of the country.
For businesses, such a high level of growth in overheads is simply unsustainable, and more and more operators are worried that, if this trend continues, they will have to shut up shop. A large number of restaurants on Brick Lane have already been forced to relocate or close down altogether.
How many restaurants have had to close?
One of Brick Lane's best-known restaurants, Café Naz, is shutting down, and some venues fear they will have to cut staff in order to stay open.
In the past two years 15 restaurants have closed, which - considering there are only 50 restaurants on Brick Lane - is a lot. Many of the restaurants change hands when they close, as new owners take them over to try to keep them going. But what will happen very soon is that people will give up, and the restaurants will close down permanently. They'll be replaced by ordinary high-street stores or corporate chains, or even just left empty.
Are restaurants considering relocation to keep going?
Relocation is an option for businesses, but eventually this will mean that Brick Lane will lose its heritage.
It's not just restaurants that are affected it's all Bangladeshi businesses in the area, including the grocery stores and sari shops. If all of them are forced out and are replaced by big corporate chains, it will mean the end of Brick Lane as the "Bangla Town" it has been known as for so many years. It will lose its soul.
The answer lies in the council cutting its bills and giving restaurants preferential rates so they can survive and the area can retain its cultural identity.


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Thursday, May 18, 2006
HD Radio-RIAA Lawsuits coming?
A spokesman for the Recording Industry Association of America, comprising major labels such as Vivendi Universal's Universal Music Group
The suit accuses XM Satellite of "massive wholesale infringement," and seeks $150,000 in damages for every song copied by XM customers using the devices, which went on sale earlier this month. XM, with more than 6.5 million subscribers, said it plays 160,000 different songs every month.
HERE IS THE REST OF THE STORY:


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Tue, Jan. 19, 2:46 PM
- At an EZchip (EZCH +1%) shareholder meeting, 84% of votes were cast in favor of Mellanox's (MLNX -0.9%) $25.50/share, all-cash, deal to acquire EZchip.
- The deal is expected to close in the second half of February. Top EZchip shareholder Raging Capital gave its support earlier this month, after a go-shop period ended without a superior offer arriving. EZchip now trades $0.21 below Mellanox's buyout price.
- Separately, Mellanox has affirmed its Q4 guidance ahead of its Jan. 27 Q4 report. Shares fell hard last Friday after Intel reported slower-than-expected Q4 server CPU division sales growth (5% Y/Y vs. 12% in Q3).
Dec. 16, 2015, 9:21 AM
- "None of the parties that had been contacted submitted a proposal to acquire the Company, and no other party approached either EZchip or Barclays expressing an interest in exploring a purchase of the Company," says EZchip (NASDAQ:EZCH) about a go-shop period - granted by Mellanox (NASDAQ:MLNX) last month as part of a revised deal agreement - that began on Nov. 17 and expired this morning.
- As a result, EZchip will move forward with a Jan. 19 shareholder meeting to vote on Mellanox's planned $25.50/share acquisition of the company. A conference call discussing the go-shop period and providing a business update will be held at 10AM ET tomorrow (webcast).
- EZchip's shares closed yesterday $1.19 below Mellanox's buyout price. They're currently unchanged premarket.
Nov. 17, 2015, 8:25 AM
- Four days after EZchip (NASDAQ:EZCH) announced it's postponing a shareholder vote on Mellanox's (NASDAQ:MLNX) planned $25.50/share ($811M) acquisition of the company and has been offered a 30-day go-shop period and termination fee waiver, the company states it has signed off on the revised agreement.
- Should no superior offer arrive during the go-shop period, EZchip shareholders will vote on the deal at a Jan. 19 meeting (Dec. 18 record date). EZchip sees the deal closing in Q1.
- With shares having closed yesterday at $24.04, EZchip remains 5.7% below Mellanox's offer price.
Nov. 12, 2015, 10:53 AM
- Following pressure from activist Raging Capital to get a better deal, EZchip (EZCH +2.6%) has postponed a shareholder vote on Mellanox's (MLNX +0.9%) planned $25.50/share ($811M) acquisition of the company. The vote was set for today's shareholder meeting.
- In addition, Mellanox has granted EZchip a 30-day go-shop period to solicit alternative bids, and has waived its rights to a deal termination fee.
- Mellanox is affirming its $25.50/share, all-cash, offer. EZchip has risen to $24.55 on today's news.
Nov. 5, 2015, 3:12 PM
- Mellanox (MLNX -1.7%) is off moderately after EZchip (EZCH -0.2%), which Mellanox is set to acquire for $811M (provided shareholders approve), posted nearly in-line Q3 results and guided for Q4 revenue of $25M, below a $33.1M consensus. The network processor vendor attributes the outlook to "near-term inventory adjustments across several key customers that are serving the carrier networking space," and insists it isn't reflective of the company's long-term outlook,
- However, with major shareholder Raging Capital continuing to oppose Mellanox's planned acquisition of EZchip, EZchip is using the guidance to argue in favor of the Mellanox deal. "The fully financed, all-cash, $25.50 per share offer from Mellanox provides EZchip shareholders with immediate and certain cash value. This is in contrast to the headwinds a standalone EZchip could face as we continue to witness further industry consolidation and the moves of major customers toward in-house production for NPS-400 functionality."
- EZchip has also issued a new PR making a case for a "Yes" vote. Shareholder advisory firm Glass Lewis opposes the deal, while peers ISS and Entropy are in favor of it.
- Thanks to fears the deal could fall through, EZchip is trading at $24.24, 5% below Mellanox's buyout price.
- EZchip's Q3 results, PR
Oct. 14, 2015, 2:25 PM
- In a 13D filing, Raging Capital (6.5% EZchip stake) asserts it's "in the best interest of all stockholders that [EZchip] attempt to negotiate a materially higher sale price with Mellanox (MLNX +0.7%) or other potential acquisition candidates, or refrain from selling the business."
- Mellanox announced an $811M ($25.50/share) all-cash deal to buy EZchip (EZCH +0.1%) on Sep. 30, and quickly sold off in response. The price represented a 16% premium to EZchip's Sep. 29 close.
- EZchip currently trades $0.44 below Mellanox's buyout price. The deal is expected to close in Q1.
Sep. 30, 2015, 10:25 AM
- Mellanox (MLNX -7.3%) has sold off after announcing it's buying network processor (NPU) vendor and Israeli tech peer EZchip (EZCH +14.3%) for $811M in cash. Meanwhile, telecom/data center chipmakers Cavium (CAVM +3.5%), AppliedMicro (AMCC +4.1%), and PMC-Sierra (PMCS +7.9%) are rallying amid a 2% Nasdaq gain - each company's product line includes (but is by no means limited to) NPUs.
- Whereas Mellanox is focused on high-speed data center connectivity hardware (e.g. adapter cards, switches, switching and adapter ICs), EZchip still gets the majority of its revenue from NPUs going into edge routers and other telecom hardware. However, the company has been trying to expand its data center footprint, via its new NPS processor line (supports deeper packet analysis) and its Tilera unit (acquired in 2014, set to launch a processor supporting 100 ARM cores).
- Mellanox asserts EZchip's "products and expertise in security, deep packet inspection, video, and storage processing" will help it "deliver complete end-to-end, intelligent 10, 25, 40, 50, and 100Gb/s interconnect and processing solutions for advanced data center and [telecom] edge platforms." The purchase price is equal to 5.9x EZchip's 2016 sales consensus; Mellanox trades for just 2.3x 2016E sales.
- Update: Summit Research's Srini Nandury thinks Mellanox's selloff stems from the company's failure to reiterate Q3 guidance during today's conference call, in spite of repeatedly being asked by analysts to do so.
Sep. 30, 2015, 7:51 AM
- The price works out to $25.50 per share in cash for EZchip (NASDAQ:EZCH) versus last night's close of $21.99.
- "We expect our combined technologies, and product portfolios to deliver leading end-to-end intelligent interconnect and processing solutions to data centers and wide area networks," says Mellanox (NASDAQ:MLNX) CEO Eyal Waldman.
- The deal is expected to close in Q1.
- A conference call is set for 8:30 ET.
May 28, 2015, 1:34 PM
- In a presentation (.pdf) discussing their planned merger, Avago (AVGO -0.4%) and Broadcom (BRCM -2.6%) state they're aiming for a 40% long-term op. margin, up from the 30% collectively possessed by the companies today. Gross margin is forecast to rise to 60% from a current 57%, and R&D and SG&A spend respectively fall to 16% and 4% of revenue from 20% and 7%.
- Avago and Broadcom, who have $15.1B in revenue between them, are only forecasting a 5% long-term revenue CAGR. However, Avago CEO Hock Tan states the outlook is "probably conservative."
- Avago plans to partly finance the $17B cash portion of the deal via $9B worth of new debt. The post-merger company is expected to have $15.5B in debt and $1.3B in cash; Broadcom shareholders will have a 32% stake. The deal is expected to close in Q1 2016.
- Many potential product synergies exist. Among the possibilities: Wi-Fi/Bluetooth solutions that pair Broadcom's combo chips with Avago RF components; server/storage connectivity product lines featuring a mixture of Broadcom's Ethernet transceivers and switching chips and Avago's adapter cards and optical transceivers - Stifel thinks Mellanox (MLNX -0.3%) could be at risk here - and telecom equipment product lines that combine Broadcom's network processors and switching chips with Avago's optical components.
- Meanwhile, in its FQ2 report (issued in tandem with the merger announcement), Avago has guided for FQ3 revenue of $1.74B (+/- $25M), above a $1.68B consensus. The company reported a 66% Y/Y increase in FQ2 wireless chip revenue (aided by strong Apple/Samsung demand), along with 74% and 64% increases in wired infrastructure and industrial/other revenue (lifted by both organic growth and M&A).
Jun. 24, 2014, 10:19 AM
- Integrity Project, an Israeli firm founded in '06, provides embedded software outsourcing services in areas including hardware development, connectivity, and cryptography.
- Mellanox (MLNX -0.3%) says it's acquiring Integrity to "enhance [its] software teams" for platforms such as CloudX, which enables the building of cloud infrastructures using commodity server/storage hardware, open-source software (OpenStack-based), and Mellanox's interconnects.
- Last year, Mellanox bought 100G optical component vendor IPtronics and silicon photonics interconnect provider Kotura, as it tries to meet a looming threat from Intel.
Jun. 17, 2014, 6:58 PM
- The consolidation wave that has hit the semi industry could soon yield tax inversion deals for foreign firms similar to deals seen in the healthcare industry, says FBR's Christopher Rolland.
- Inversion deals allow U.S. companies buying foreign firms to see lower tax rates if less than 80% of the equity in the new company is owned by legacy U.S. shareholders, and the post-merger company has substantial foreign ops.
- Rolland thinks ARM (ARMH), NXP (NXPI), Mellanox (MLNX), and Taiwan's MediaTek could be among the foreign companies targeted by U.S. chipmakers. Worth noting: Mellanox sells more than just chips, and ARM's business model depends on the company maintaining a neutral status within the industry.
- Meanwhile, Nomura's Romit Shah names 15 potential M&A candidates, and divides them into 3 groups: "Sub-scale companies" with high margins and strong IP; "strategic companies" with compelling product lines; and "undervalued companies."
- Shah's "sub-scale companies:" IDTI, ISIL, MTSI, MCRL, SMTC, SLAB.
- "Strategic companies:" ALTR, AMCC, ATML, CAVM, MPWR, BRCM ($22.5B market cap could make it tough to digest).
- "Undervalued companies:" DIOD, IRF, MSCC.
Jul. 1, 2013, 9:53 AM
Mellanox (MLNX +1.7%) strengthens its 100G hand some more by acquiring IPtronics, a Danish maker of components for high-speed optical interconnects, for $47.5M in cash. Mellanox says the deal, which follows its May purchase of silicon photonics interconnect firm Kotura, will help it deliver "end-to-end optical interconnect solutions at [100G] and beyond." Both purchases appear aimed at dealing with the long-term threat posed by Intel (INTC), which (with the help of acquisitions) wants to integrate InfiniBand controllers onto its server CPUs, and bake 100G silicon interconnects into its server platforms.| Jul. 1, 2013, 9:53 AM
May 15, 2013, 5:05 PM
Mellanox (MLNX) is acquiring Kotura, a developer of silicon photonics interconnect tech, for $82M in cash. The deal, which is expected to be accretive to 2014 EPS by $0.01-$0.03, is noteworthy in light of Intel's (INTC) efforts to both develop both InfiniBand solutions and 100G silicon photonics interconnects for its server CPU platforms, with the goal of creating more modular server architectures. This purchase seems aimed at trying to meet that long-term threat.| May 15, 2013, 5:05 PM | 2 Comments
Sep. 11, 2012, 11:46 AM
Mellanox (MLNX +3.0%) has been approached several times by potential acquirers, claims CEO Eyal Waldman, but the company prefers to remain independent. Waldman adds Mellanox has a "gentleman's agreement" with #1 customer Oracle (ORCL) that the latter won't add to its 10% stake, whose value has increased considerably, and claims Mellanox's InfiniBand solutions won't see serious competition from rivals such as Intel for at least 3 years. Others are more concerned. (CFO retirement).| Sep. 11, 2012, 11:46 AM
Jan. 23, 2012, 9:37 AM
QLogic (QLGC -0.1%) is selling its InfiniBand adapter card and switch business to Intel (INTC) for $125M in cash. The move allows QLogic to focus on its core Fibre Channel and FCoE storage networking businesses, and is the latest in a series of moves made by Intel to bolster its networking offerings (previously). InfiniBand chipmaker Mellanox (MLNX -5.4%) is selling off on the news.| Jan. 23, 2012, 9:37 AM


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CaratLane celebrates 7 years of beautiful transformations
This article is sponsored by CaratLane.
The world was a different place back in 2008, when CaratLane was founded. That was the year the Nano hit the roads, the Kindle changed our reading habits, the younger generation of professionals routinely began earning more than their parents did at retirement and had only begun to experiment with buying things online, because e-commerce seemed risky.
But CaratLane co-founder and CEO Mithun Sacheti saw the scenario a little differently. Gold prices had been continuously rising, jewellery stores were getting bigger, and still, the consumer didn’t necessarily have a lot of choice. “We spoke to dozens and dozens of women across the country. Hundreds, actually. About their tastes, their lifestyles, what was important to them. We discovered a crazy paradox. Despite their love for jewellery – and how important jewellery is for their personal style and individuality – most women were forced to keep their jewellery in bank lockers, where it was safe but unwearable on an everyday basis,” says Sacheti.
Moreover, the contemporary Indian woman was no longer wearing jewellery to look beautiful or to elicit compliments, but because she appreciated beautiful jewellery that drew out her compelling individuality and made her feel beautiful, rather than just look good. A large store or even a chain of stores, Sacheti decided, was not going to solve this problem. His target customers – young, successful and financially independent women – were breaking through stereotypes to forge a new identity. These women based their decisions on the power of knowledge and access to information. His business, Sacheti decided, would leverage the same things. He decided to change the process of discovery by building a jewellery business that was online, effectively disrupting the existing jewellery retail business model.
Sacheti started CaratLane with a mission to democratise jewellery – to make beautiful jewellery accessible, affordable and forever wearable. A refreshing and courageous objective at that time.
He says that the experiment to take the business online started at his earlier jewellery store, Jaipur Gems. When he saw that he could sell expensive solitaires based on the power of information alone, without actually carrying any inventory, he realised that CaratLane as a business could happen.
“Whenever I mentioned the idea of CaratLane, my co-founder Srinivasa Gopalan would hear me out patiently, but I don’t think he had the conviction that this would work out. But when Gopalan witnessed a customer at Jaipur Gems purchasing a diamond worth $30,000 without seeing it and only based on the specifications available, he was finally convinced that if someone could spend this kind of money based on information alone, then an online jewellery store might actually work.”
Sacheti talks passionately about how he has learnt so much from customers. “A 75-year old lady spoke to us enquiring about a diamond she wished to purchase. We showed her an image of the diamond and took her through the specifications in details. She did her own research with other retail stores and came back to us, not only was our price much lower but also because we invested our time in educating her about the diamond” recounted Sacheti. This interaction taught him that customers had no age bar and one of their biggest needs for decision-making was transparency and education.
CaratLane hasn’t looked back since. What’s interesting is that while their core customer is a young, independent woman living in India’s larger cities, there are so many more who relate to this thought process and don’t always fall in this demographic. Veena S. Kumar is a retired school teacher and dedicated CaratLane customer. She says, “I am quite finicky about buying jewellery. But my experience with CaratLane has been really good. The jewellery is not only genuine but also, reasonably priced. After buying the Princess ring, I had it evaluated. The diamond and pearl were genuine and the gold was 18K, as advertised. And now I keep buying jewellery for my daughters-in-law as I don’t have a daughter!”
CaratLane has also found a surprise following among men. “The percentage of men who shop with us is far greater than the number of men who would walk into a jewellery store. Men definitely find it more intimidating to walk into a store. It’s not a great experience. Buying jewellery online makes the entire process much simpler and transparent for them.” says Sacheti.
CaratLane has also grown from being one of India’s first online jewellery stores to being an omni-channel player. It has expanded to 12 offline stores and plans to have 20 stores across India by August 2016. Their app, which is now available on the Android and Apple store, has about 100K download mark. But what distinguishes the app is the fact that it was created out of the need for women to be able to try jewellery before they buy. The Perfect Look app is the world’s first-ever virtual jewellery try-on app. “The app already accounts for 20-25 percent of our business now. We are focusing towards driving traffic in that direction. Our growth has been completely organic,” Sacheti adds. The experience of the app has also been extended to CaratLane stores with a no-barrier access to all jewellery, which is on open display and magic mirrors for virtual try-ons.
Sacheti says that there are plans to expand their retail footprint to Tier 2 cities although they are yet to achieve saturation in Tier 1 cities. This is because of an increasing portfolio of customers from these cities. Anjana Aggarwal lives in Ranchi and has been a regular customer for a while now. “I was initially reluctant but now buy up to three items a year. We even buy from CaratLane to gift at weddings. I have also received compliments from many people when I wear jewellery brought from CaratLane. The other day my 80-year-old mother-in-law asked me to buy a pair of diamond earrings from the site that she wanted to gift her grandchild.”
As CaratLane completes seven years and is soon approaching the 10-year mark, what is their vision for the future? “The path is clear for the next three years. We have to put our heads down and work. We need to focus on talking to our consumers. We want to open our next 50 stores across geographies in India. We are a collection-led brand, and launch a collection every three weeks,” Sacheti explains, adding, “In three years, we need to be a strong, large and profitable business in a self-sustaining mode. We don’t want to be dependent on VCs or PE funds. We had initially raised $51 million in funding from Tiger Global and have not tried to raise any after that. Now if we take funds, it would be for growing. By 2020 we want to be Rs 1,500 crore business. That’s the goal, and I am very open about it, because then I can hold myself accountable.”
The world has indeed changed in the past seven years. And while ecommerce has become widely accepted in India, it has taken steady and sustained focus to democratise jewellery-buying online. From a website for easy shopping to allowing women to explore jewellery through apps to discovering interactive mirrors and providing a no-barrier access to precious jewellery in stores, CaratLane has transformed jewellery-buying in India.
More importantly, it continues to strive to create precious jewellery for the women of today, making it accessible, affordable, wearable and reliable, thereby providing options that resonate with her personality. CaratLane’s track record of quality and service delivery have debunked myths and broken through the mind-blocks to establish trust, and in its wake, a loyal customer base of confident, assertive and independent individuals.


text: The internationally renowned label Schumacher revealed its new CI and online shop in time for the Berlin Fashion Week. Dorothee Schumacher’s premium label relaunched its online brand presence ready for the Fashion Week in January 2014, where the focus was shifted to highlight the designer’s personality. This targeted, emotive presence was realised by adopting a new typographical look and a new colour palette in the corporate area. The seamless transition from campaigns to lookbooks and the online shop has created an integrated, engaging brand experience, supported by effortless imagery that incorporates captivating mood and product photography. For the Fashion Week in July 2014, the existing website was given a visual update and now features the new logo under the name “Dorothee Schumacher”. Together with the corporate site’s new CI, the online shop has now also been relaunched. The corporate site and online shop now share a coherent look and feel, which is clean and classic throughout and reflects the exclusivity and new self-image of Dorothee Schumacher across all areas. A structured and functional page structure and the new shop navigation system invite the user to explore and shop. Products are presented using large-format, high-quality photographs, which not only provide the user with both information and inspiration but also ensure an engaging and luxurious shopping experience. In a similar way to the entire corporate site, responsive web design has been used to structure many areas of the online shop, guaranteeing a visually attractive market experience on all mobile and desktop devices.


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You are here
WikiLeaks publishes Sony documents, e-mails
WIKILEAKS published more than 200,000 internal Sony Pictures Entertainment (SPE) documents and e-mails, opening a new chapter in the hacking saga that enveloped Sony Corp's Hollywood studio late last year.
The release includes 30,287 documents and 173,132 e-mails, sent
- CALL +65 6388 3838
- EMAIL firstname.lastname@example.org


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Seven companies were featured at the April 30 BC Technology Industry Association (BCTIA) TechBrew event, held at the BCTIA Innovation Hub. TechBrew is an event bringing companies, investors, talent, founders, and other BC tech industry stakeholders together for networking and exposure.
Also at the event, the finalists for the 2015 Technology Impact Awards (TIAs) were announced. The TIAs celebrate innovative companies in various domains of BCs technology industry including enterprise software, digital media, health care, and cleantech. They will be held on June 4, 2015 at the Vancouver Convention Centre.
The featured companies at April’s TechBrew were:
DPoint, which develops and supplies heat and humidity exchangers for fuel cell systems and energy recovery ventilators, and a previous nominee for the Global Cleantech Awards held by the Global Cleantech Cluster Association.
Machool Technologies, creators of the uDo Platform, which seeks to streamline and automate office tasks, such as shipping and receiving, room booking, and event planning.
nTrust, an online and mobile peer-to-peer money transfer platform that allows users to send, receive, and organize their money instantly. They offer their Cloud Money service, which aims to be “Skype for money”.
Trulioo, a rapidly-growing global identity verification provider specializing in scoring online identities as authentic, machine generated, or fraudulent at a bank-grade level. Trulioo has recently announced a strategic partnership with Callcredit Information Group.
Technology Impact Award Nominees
The categories and nominees announced for the 2015 TIAs are:
Adoption of Technology
Most Promising Pre-Commercial Technology
Excellence in Product Innovation
Team of the Year
Most Promising Startup
Emerging Company of the Year
Company of the Year
“We’re proud to celebrate the successes of so many BC tech companies over the past year. The 2015 TIAs Finalists illustrate the diversity and increasing maturity of the BC tech industry,” said BCTIA President Bill Tam.
“Many of these companies are at the forefront of our industry already, leading the way in terms of global recognition,” Tam added. “It’s our job to help them grow and expand their reach, and recognition through the TIAs program is a great step in that direction.”
A Person of the Year award will also be presented at the TIAs, recognizing significant contribution to BCs tech industry over the previous year.
Early Bird tickets for the Technology Impact Awards are on sale now until May 8.


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Senate Commerce Committee Chairman John Thune (R-S.D.) told FCC Chairman Tom Wheeler to release his pay-TV industry set-top proposal to the public.
“Your new proposal is intended to benefit consumers, yet those same consumers are not currently able to read this far-reaching new plan,” Thune wrote in a letter to the Chairman, according to The Hill.
Wheeler’s proposal was scheduled to be voted on by the Commission on Sept. 29 but that vote has now been indefinitely delayed, suggesting the proposal, which would require pay-TV providers to make their content available via apps on third-party streaming devices, doesn’t have enough support to pass.
House Energy and Commerce Committee Chairman Fred Upton (R-Mich.) and Rep. Greg Walden (R-Ore.) are also calling on Wheeler to publish the text of the proposal and let the public comment.
For his part, Wheeler has said the public has been able to weigh in. In a statement released last week, Wheeler along with Commissioners Jessica Rosenworcel and Mignon Clyburn seemed confident the proposal could still move ahead.
“It’s time for consumers to say goodbye to costly set-top boxes. It’s time for more ways to watch and more lower-cost options. That’s why we have been working to update our policies under Section 629 of the Communications Act in order to foster a competitive market for these devices. We have made tremendous progress – and we share the goal of creating a more innovative and inexpensive market for these consumer devices. We are still working to resolve the remaining technical and legal issues and we are committed to unlocking the set-top box for consumers across this country,” the commissioners said.
In addition to pressure from lawmakers to make the proposal public, Wheeler is facing demands from a legion of civil rights groups to make the details of his plan public. A group of organizations including the National Urban League, Asian America Justice Center, the Latino Coalition and the NAACP filed a joint petition asking the Chairman to lift the sunshine restrictions on the proposal.
“Since the start of this debate, civil rights leaders have consistently voiced clear concerns about the impact this rule will have on independent TV networks and the diversity of programming available to audiences in underserved communities. This outcry helped prompt major changes to the FCC’s proposal,” Marc Morial, president and CEO of the National Urban League, said in a statement. “But because the FCC refuses to release the details, we have no idea whether the concerns we’ve voiced have been addressed.”
Morial said that Wheeler’s refusal to release the revised plan “makes a mockery of the process and violates the most basic principles of transparency.”
- read this The Hill article


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Popping up in Spinningfields every single winter without fail, the tipi at The Oast House has become an institution in itself… An annual highlight, one might say. Marking the beginning of the festive period, the beloved pop-up is a warming retreat from the Manchester rain – and this year, it’s back bigger and better.
Complete with three roaring fires, twinkling fairy lights and faux fur throws, a mouth-watering street food menu and limited-edition winter-warmer cocktails, the winter tipi is set to land in Spinningfields next month. The Oast House has revealed an artist’s impression of how its ‘Curious TeePee’ will look like this year in celebration of its 10-year anniversary – and we have a feeling it’s going to be a popular hideaway for Mancs during the colder months.
Reopening on Friday 7th October at 5pm, the tipi at The Oast House but has been completely reimagined for 2022 – boasting three tents joined together with a huge open hub, allowing guests to see into the main bar and soak up the party atmosphere. The Oast House’s snug retreat will also feature firepits and live music alongside winter cocktails, hot chocolate, mulled wine and tempting street food, just in time for the chilly weather.
Inside the new lodge guests can expect to dine on some seriously good grub from the venue’s new menu including Loaded Pies (yes, you read that right) filled with either Chicken Madras and topped with pilau mash, onion bhaji, mint raita, mango chutney and toasted almonds; Steak and Ale which comes topped with roast mushroom, roast tomato, onion ring and peppercorn sauce; or Pulled Pork and Apple, with wholegrain mustard mash, Hendersons gravy, piccalilli and a Bury black pudding scotch egg piled up on top.
Yorkshire Pudding Wraps will also be coming to the winter social hub, filled with a choice of chicken, beef or vegetarian meatballs with hot stuffing, triple cooked potatoes, roasted vegetables and home-made gravy. Another menu newcomer is the buffalo chicken macaroni cheese topped with crispy chicken fillets, tossed in Frank’s hot sauce and served with a blue cheese dressing. A selection of show-stopping seasonal cocktails and festive tipples will also be on offer to wash it all down with.
A huge launch party for The Curious TeePee will take place on Friday 7th October from 5pm to mark the opening of the space, with live musicians and DJs playing throughout the evening. It’s free to attend on a walk-in basis so we recommend getting there early for after-work celebrations to avoid queues.
The Oast House tipi will be open every day from 12noon until late throughout the winter and will continue hosting a roster of live musicians covering a range of genres from pop to rock to funk and soul. The heated venue is open for walk-ins, but you can also book a limited number of tables each day via The Oast House’s website and areas can be booked out for Christmas parties and gatherings.
Find The Curious TeePee at The Oast House, The Avenue Courtyard, Spinningfields, Crown Square, M3 3AY.


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Data published by ChangeWave Research points to growing demand for Apple to start production of the so-called iWatch – the company’s rumoured venture into the wearable technology market.
In a survey involving 1,713 North American respondents, 19 per cent of consumers considered themselves “likely” to buy such a device.
The main selling points that have determined this increase in demand include an interest in the “cool factor” of the iWatch, as well as the convenience the device would have to offer and general trust in Apple as a company. SEE:
Apple iWatch release date, rumours and leaked images
It’s good news should the iWatch be made; research conducted in January 2010 found that 18 percent of consumers would probably buy a hypothetical Apple tablet – and we all know what a success that turned out to be after it launched in April of the same year.
study of our own, Macworld found that over 33% of respondents would definitely buy an Apple iWatch.
Wearable technology is becoming more and more popular; Pebble has already
released an iPhone friendly watch and, before this, people resorted to turning the iPod Nano into a watch by attaching it to watch straps and using Apple’s built-in clock face feature.
Rumours surrounding the smart watch describe it as having a flexible display that can snap around the wrist, whilst allowing the consumer to accomplish a number of tasks, including reviewing a list of phone calls, adjusting a playlist and even responding to text messages.
It’s not without its rivals, however, Google has nearly completed the highly anticipated Google Glass – a head-mounted display that boasts the ability to display information as a smartphone would, before your eyes.
As well as this, Apple’s main rival, Samsung, has revealed that it has
already chalked plans for its own smart watch. Lee Young Hee, executive vice president of the company, said that: “We’ve been preparing the watch product for so long. We are working very hard to get ready for it. We are preparing products for the future, and the watch is definitely one of them.”
Via Apple Insider]


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Yamaha has been promoting the Bolt across “all media platforms,” including recently launched Star Facebook and Twitter pages. The company also has added two Bolt demo trucks to its fleet, and has made a commitment to make more demo stops at both military bases (with an emphasis on safety) and bike nights across the country.
In its “most aggressive Ride First demo program ever,” Yamaha is giving away a pair of $100 Yamaha Electronics headphones to test riders.
About 500 dealers now participate in the RIDE program Yamaha launched in 2011 to encourage more dealers to offer demo rides, events and rider training.
Yamaha did not reveal any new Star models at the meeting but did announce MSRP reductions of up to $2,000 for most of its over-1300cc cruisers (at press time the reductions listed on the Star consumer website ranged from $600 to $900). Yamaha said it will price-protect dealer inventory affected by the reductions.
Launched in Vegas is a new Star Certified Pre-Owned program to help dealers be more competitive in the used-bike market.
In the fall Star Motorcycles will begin a “dealer customizer program to give local riders more inspiration to personalize their bikes with Star custom accessories.”
During the second half of the presentation, the momentum shifted toward the off-road market — an easy transition given the new motocross bikes, the revamped Grizzly 700 and YFZ450R, and the new Viking side-by-side.
To support the YZ launches, Yamaha created its new Blu Cru support program for amateur racers.
“For years we’ve been the leaders in professional racing and rider support,” Mike Martinez, vice president of Yamaha’s RV Group, told the dealers. “So now we’re doubling down on support for the amateur market because that’s where your customers are.”
Blu Cru offers riders factory-supported technical information along with riding, maintenance and performance tips. Dealers can offer unit discounts, while Blu Cru riders can earn credits of up to $500 off Yamaha parts and accessories. Finally, Yamaha has expanded its amateur racing contingency: the number of positions, the amount paid and the number of events.
Yamaha announced that the YZ two-stroke dirtbikes are returning for 2014. In addition, the company will release the 2014 WR450F this month and the 2014 TT-R models in September. (continued)


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Music-enabled mobile phones will be taxed in France starting May 1 under the private copying regime.
Mobile phones featuring audio and/or video functionalities with a memory of more than 128 MB, will be hit with the tax.
Government officials reported said the tax on multimedia phones would range from €5 ($7.8) to €50 ($78).
The decision has been discussed between electronic device manufacturers, consumers organizations and right holders gathered in the Commission d’Albis, under the umbrella of the government.
The taxation of mobile phones has been under discussion since last September and had unsurprisingly raised some controversy, with several manufacturers questioning the very existence of private copying.
In February, the device manufacturers left the negotiation table, which stalled but could not impede the vote on the new taxation.


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People are again assuming that Dogecoin payment is coming on Twitter, following Musk’s latest tweet.
Just a couple of days ago, Tesla CEO Elon Musk successfully rebranded Twitter title to X. Just two days back people were speculating that X will also bring Dogecoin payment support on the X app soon but Musk failed to talk about it.
On 30 July 2023, Tesla CEO Musk tweeted that something special is coming soon.
Dogecoin co-founder Billy Marcus (popular in the crypto sector by the name Shibetoshi Nakamoto) responded to this tweet and said that he likes special things.
A Dogecoin lover Crypto X user responded to the Dogecoin co-founder and claimed that it will be about Dogecoin.
At the time of publication, we can’t see any tweet about Dogecoin by Musk but still, people are expecting that soon he will announce very big news about Dogecoin and probably it will be a Dogecoin payment on the X platform.
This whole speculation acted as a catalyst to pump the Dogecoin trade price by 4.68%. The current trade price of Dogecoin is $0.08.
A few days ago, Elon Musk changed the location in his Twitter profile, where he attached the Dogecoin symbol “D”. From time to time, Musk gives hints that he supports Dogecoin.
Dogecoin Payment on Twitter: A History
In Q3 2022, Elon Musk successfully acquired Twitter (now X.com) for $44 billion cost and decided to make Twitter an app for everything, including a payment platform.
At the time all details provided by the Twitter team confirmed that they already developed all kinds of payment systems in the app, including crypto payment.
For the crypto payment services, the Twitter team will unlock crypto payment feature in the future when crypto payment services will be allowed for any centralized company under precise rules & regulations.
Elon Musk is a big fan of Dogecoin and he expects that Dogecoin will be the top Crypto in the future if crypto adoption will surge continuously in the future.
Read also: Supreme Court urges the Indian government to establish a cyber crypto agency


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Press releases are not news!
I can’t tell you how many times I’ve had readers quote press releases in an attempt to justify flawed market analysis — from congressional statements typed up by wide-eyed interns to pump pieces meticulously crafted by high-end investor relations firms, investors are plagued with mountains of misinformation and fake news.
And this is why I constantly advise folks to follow up on everything with their own due diligence before making any moves…
Because if you rely solely on press releases to dictate your investment strategies, you can get burned.
To give you an example of what I’m talking about, last week there was a press release entitled, “Solar Industry Impressing Investors with Gains in 2013 after a Dismal 2012.” Not surprisingly, the headline landed this press release in a lot of major news streams.
The piece starts out with: “After struggling through most of 2012, the solar industry has started 2013 on an impressive run. Both the Market Vectors Solar Energy ETF (NYSE: KWT) and the Guggenheim Solar ETF (NYSE: TAN) have gained nearly 20 percent year-to-date.”
That is, in fact, accurate. The truth is most of the major solar players across the board have had a stellar couple of months.
The problem, however, is that a lot of investors will read something like this and assume that perhaps the solar bears have gone back into hibernation as the sector is back on the upswing. And that may not necessarily be the case.
Curb Your Enthusiasm
I have little doubt that 2013 will be a better year for solar compared to 2012…
But hurdles remain. The industry is still plagued with a glut of product that’s going to take at least another year to eat through. Margins are still razor thin for most of the cell and module manufacturers. And in the case of China’s solar players, without the billions the government continues to plow into its domestic solar manufacturing, those companies are dead in the water.
Of course, I don’t expect to see China abandon its solar industry. After all, the Middle Kingdom has too much skin in the game at this point. And certainly with the toxic soup that blankets Beijing nearly every day, China is anxious to put some of that domestic clean energy product on its own rooftops.
But unless you have the ability to move quickly in and out of these stocks, I would caution against getting too bullish, at least in the near term.
Here’s the deal on solar: Without a doubt, the solar industry will continue to grow by leaps and bounds in 2013.
The Chinese are installing solar at a record pace; and here in the United States, the availability of inexpensive panels, new solar leasing models like those offered by SolarCity (NASDAQ: SCTY), and new crowd funding opportunities, like those now being offered by an outfit called Mosaic, will likely facilitate record-breaking installations this year.
From the perspective of consumers, it’s finally getting to the point where solar does in fact make economic sense over the long term.
But from the perspective of an investor, risk does remain.
The solar manufacturing sector is still very risky. And although some of the major players continue to generate some serious revenue, 2013 will definitely see more bankruptcies and more consolidation.
And one thing I can definitely assure you is the days of 300% and 400% gains from solar manufacturers are over…
Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Now, if you’re looking to make some real money in the solar space this year — without taking on an extraordinary amount of risk — you have three options:
Installation and Leasing
The third is actually very hard to come by these days for individual investors, as most of this stuff is still in university labs or testing grounds operated by private companies.
However, there is one very lucrative solar-related tech firm that you can actually get a piece of…
You see, in these highly-competitive days of solar, manufacturers are desperate to integrate new technologies that can both cut production costs and increase energy output. And that’s exactly what this company offers.
I’m not going to get into the specifics of the technology here.
But what I will tell you is this company’s plan is genius. You see, instead of taking on the burden of integrating its technology into its own solar module, management simply licenses the technology to module manufacturers in exchange for a piece of the action. Basically, they take on little risk — but ultimately get to wet their beak on nearly every solar panel slapped up on the world’s rooftops. Brilliant!
To a new way of life and a new generation of wealth…
Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
Want to hear more from Jeff? Sign up to receive emails directly from him ranging from market commentaries to opportunities that he has his eye on.


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Agency: Saatchi & Saatchi, Beijing
Ikea's ads reflect consumer behavior in lounging-and even eating and sleeping-in China stores
[beijing] Sweden's Ikea is capitalizing on the home-improvement trend sweeping through China with an ad campaign promoting the mega-store-Ikea's largest outside Stockholm-opened last week in Beijing. The "More to Love" campaign by Saatchi & Saatchi plays on the popularity of Ikea's earlier Beijing store, the company's most successful outlet in China.
Beijingers appreciate the brand's "relaxed and down-to-earth personality, which fits nicely with the Beijing character," said Charles Sampson, the agency's Beijing-based CEO, China. "In the store, you often see people having an afternoon nap on the beds or eating their lunchbox sitting in the sofa department. Unlike in other stores, Ikea encourages this, or at least does not discourage it."
Such behavior is referenced in ads that introduce the store, showing a family asleep on a sofa while it is being carried by Ikea staff from the old store to the new one. In another ad, a mother and daughter are eating on an Ikea table on a rolling cart pushed by two movers, while a third carries an overweight Swedish chef.
The new Beijing store is the latest example of Ikea's aggressive expansion plans in China, a fast-growing do-it-yourself market. The home-furnishing retailer is courting young consumers who are eagerly updating drab public housing, and increasingly newly-purchased apartments, with modern, colorful but inexpensive furniture.
Ikea entered China in 1998. Besides Beijing, the company has opened stores in Shanghai and, just last year, in Guangzhou, and will open in Chengdu later this year. Ikea hopes to have at least ten stores open in China by 2010, in addition to its three factories in Beijing, Dalian and Shenzhen.