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The latest financing officially makes the Salt Lake City, Utah-based provider of crypto tax and accounting software a unicorn, with a valuation of $1.33 billion. It also brings the startup’s total raised to $230 million since brothers Austin and Justin Woodward founded the company with their cousin Brandon Woodward in 2017.
IVP and Insight Partners co-led the Series B, which also included participation from Tiger Global, Paradigm, 9Yards Capital, Sapphire Ventures, Madrona Venture Group and Anthony Pompliano.
TaxBit connects digital asset transactions across exchanges so individuals and enterprises can more accurately file their taxes, manage their portfolios and make tax-optimized trades through its platform, explains CEO and co-founder Austin Woodward. Put simply, its software automates all aspects of cryptocurrency tax compliance.
Since its early March raise, the company has tripled its headcount to about 100 people, launched an office in Seattle, deployed services with the IRS and inked partnerships with a number of digital asset platforms. For example, it’s connected to exchanges such as Coinbase, BlockFi and Gemini.
The digital economy’s need for tax and accounting software is growing with the industry as regulators require more formal reporting practices. As a result, TaxBit has seen impressive growth. In 2020, it issued over two million tax forms. This year, it is on track to issue over 50 million forms, according to Austin Woodward.
“The digital asset space experienced a watershed moment during the pandemic, resulting in an accelerated push toward digital payments and alternative stores of value,” Austin Woodward told TechCrunch. “The momentum of adoption across the digital economy is quickly becoming the new normal among the traditional financial institutions and disruptors.”
Indeed, the crypto world can be a very complex one and TaxBit’s products, designed by CPAs and tax attorneys, provide tax filing and accounting services to not just financial institutions but also to individuals and governments so they can “more easily” navigate those digital complexities.
Those products include Tax Center Suites, which was built for end users and automates back-office accounting functions for finance teams, and TaxBit Consumer, which aims to make filing taxes on digital asset investments “simple and painless, while equipping users with real-time directional insights to optimize their tax liability throughout the year.”
The startup also works with governmental agencies, including the IRS, to provide data analysis and tax calculation support for taxpayers with digital assets.
Dozens of financial institutions are integrating TaxBit’s Tax Center Suite technology, the latest being FTX US.
The company plans to use its new capital to scale its tax and accounting offerings across enterprise, consumer and government sectors. TaxBit also plans to double its headcount by year’s end and continue to open new offices in the U.S. and the United Kingdom. Long term, the company has plans for global expansion, with the U.K. “on the horizon and other jurisdictions to quickly follow,” Austin Woodward said.
Its investors are bullish on the company’s offerings, and potential.
Tom Loverro, general partner at IVP, believes TaxBit is in the right place at the right time. He’s taking a seat on the company’s board with the raise.
“Almost every company touching crypto needs tax reporting software. As we all saw with the recent legislation, crypto tax reporting obligations are only getting more rigorous,” he said.
And crypto-native companies are not the only ones that need tax reporting. Every fintech and financial institution that is rolling out a crypto offering does too, Loverro added.
“And don’t forget about state and federal governments here in the U.S. and abroad,” he said. “Then there is the buy side, which includes both consumers and institutions. It’s a deceptively large and rapidly growing market.”
Loverro went on to say that a common refrain that he hears with regards to anything crypto is “Why can’t [incumbent] just add that as a feature?”
As a former board observer for Coinbase, the investor can attest that crypto is “incredibly deep and complex.”
“Crypto requires intense dedication and focus. Calculating taxes on buying and selling a single lot of bitcoin may not be that complicated from a tax perspective but what about airdrops, staking and DeFi,” Loverro asked. “Things get pretty complex quickly!”
Nikhil Sachdev, managing partner at Insight Partners, points out that crypto is already a $1.5 trillion market and that is continually expanding as new asset classes begin transacting on blockchains.
“Our current tax, accounting and ERP software infrastructure isn’t equipped to manage this shift, yet TaxBit has built a platform to help manage tax compliance financial reporting on crypto transactions across industries,” Sachdev said. “TaxBit is the only scaled B2B solution across crypto taxes and already won contracts with blue chip logos.”


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NYF Now Accepting Entries
New York Festivals International Advertising Awards is now accepting entries for its 2016 competition. New York Festivals response to international creative engagement trends prompted NYF to unveil three new competitions to their robust competition roster: Mobile, Media, and Activation & Engagement.
“NYF diligently monitors evolving advertising industry trends to insure our competitions offer multiple opportunities to showcase the creative and technological advances brands employed to engage consumers. While we’ve added new competitions, we also deleted categories which no longer play a relevant role with respect to the work that’s being done today,” said
Michael O’rourke, President of New York Festivals. Mobile advertising now accounts for more than half of digital ad spending and continues to drive consumer interactions with brands. This new competition will showcase creative work designed for one of the fastest growing platforms. Media was created to honour strategies utilising specific advertising vehicles employed to achieve maximum coverage and exposure on behalf of the brand. Also new in 2016, Activation & Engagement will salute innovative strategic campaigns that engage consumers via compelling emotional personal experiences resulting in a measurable and positive shift in perception of the brand.
This year NYF adds “Best Commercial Film Director” to the powerhouse lineup of special industry awards. In 2016, NYF will present this newly minted award to the commercial director whose visionary talent and creative excellence is associated with the highest number of award-winning commercial entries, regardless of who submitted the entry.
Since 2011, entrants work judges by 400+ members of NYF’S Executive and Grand Juries, a brain trust of global creative minds, who collectively cast over 400,000 votes to select the World’s Best Advertising.
The 2016 Executive Jury, an elite panel of 30 high-level chief creative officers, will meet together May 13-17th to select the World’s Best Advertising winners from the shortlisted winners.
The 2016 competition entry deadline is January 31st.

domain: news


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NEW YORK (
TheStreet) -- Don Dion posts his current insights on the stock, bond, commodity and currency markets in his
RealMoney blog, anticipating which ETFs will be in play next.
Here are three of his blogs from the past week.
Five Reasons to Own FDN
Published 7/27/2010 1:20 p.m. EDT
Here are four important, though seemingly different, headlines from the tech industry today: "Yahoo Japan Will Use Google Technology for Search"; "Ruling Lets iPhone Users Alter Phone Software"; "Verizon and AT&T Outages Upset Service in New York"; and "Citi Discloses Flaw in iPhone App."
All of these headlines appeared on various financial Web sites this morning. Investors like reading about tech, and the more connected that people get, the more concerned they get about connectivity itself.
As investors, we often concentrate on picking the best tech products and companies from a booming industry. Will the
iPhone become eclipsed by
new Android software? Will
Kindle or Apple's iPad make traditional magazines and books obsolete? Which company will ultimately produce the one product that will become indispensable to users across the globe?
Who doesn't want to buy shares of that company and watch them double, triple -- make up for all that money lost during the Great Recession?
In our quest to tag the next great product, however, we fail to take the necessary step of observing the overall trend. Here's one statistic that should say it all: Facebook has 500 million users around the globe. Why do people flock to Facebook? We live in an age where we need to stay connected.
You can't bet against the Net
, a message I've been trying to send to investors since late last year.
Rather than trying to pick and choose companies that thrive on the Internet, stick with the
First Trust Dow Jones Internet ETF
. Have my past blogs (
) left you unconvinced? Here are five reasons you should consider buying shares of FDN.
1. People Are Cheap, and Rightly So
After the Great Recession, consumers have tightened their purse strings. Investors learned today that consumer confidence is now at rock-bottom. Still, people need to buy essentials -- and the occasional gift -- and they want to make sure they get the best deal possible. FDN components like Google,
help consumers find the best deal possible before opening their wallets.
2. People Are Traveling Again
ready for takeoff
? Recent earnings from top airlines like
show that consumers are once again taking to the skies for a much-needed (and perhaps much-delayed) vacation. Rather than shelling out the big bucks to take the family to Disney World, however, everyone's once again turning to the Internet to find the best deals. FDN components like
allow consumers to find the best deals from the comfort of their living rooms.
3. Looking For a Job? Or Reluctant to Hire?
It's equally easy to understand why Americans are obsessed with unemployment data and why private industry is reluctant to begin full-scale hiring efforts. No matter which side of the divide you're on, FDN offers exposure to companies that both help you find a job as well as help firms postpone hiring.
is one of the best-known job sites out there, while
allows companies to outsource functions like marketing without having to hire a whole new department in improving economic times.
4. Investors Are Firing Their Brokers
In the wake of the 2008 meltdown, many investors are cautiously re-entering the market -- without the help of traditional brokers. This is good news for FDN components like
, low-cost online brokerage services that appeal to do-it-yourselfers. Investors are re-entering the market, albeit slowly, and the trend of online investing continues to look promising.
5. No Need to Pick and Choose
Online firms are always in flux, and a site that's popular one day can easily be forgotten the next. Rather than getting saddled with a firm that gets stuck in the mud, choose a well-balanced fund like FDN that doesn't stake its performance on the result of any one Internet firm -- just one more way to reduce risk in a difficult environment.
At the time of publication, Dion Money Management was long FDN.


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Groupe PSA’s captive, Banque PSA Finance, and its Chinese manufacturing partner, DongFeng Motor Corp., have formed a leasing joint venture to attract millennials.
The two companies already operate jointly in China as DongFeng Peugeot Citroën (DPCA), with a lending captive called DongFeng Peugeot Citroën Auto Finance Co. (DPCAFC). “The emergence of millennials as future core auto consumers in China looking more for flexibility and usage (versus valuing ownership) will be a key market driver for the rapid development of the leasing market in China,” a Groupe PSA spokesman told AFN.
The new leasing captive plans to support the development of mobility services in China, although the spokesman declined to provide a timeline or specify what services would be offered. The new leasing captive will maintain the same ownership structure as DPCAFC, with DPCA maintaining 50% ownership, and DongFeng and Banque PSA Finance splitting the remainder. DongFeng Motor Corp. did not respond to requests for comment.
Despite being the world’s largest market for auto sales, China is still in the early stage of development for finance, especially when it comes to leasing. In 2016, the Chinese auto market is estimated to have generated 600,000 leases, about 2.5% of all sales. By comparison, 38% of vehicle sales were financed with loans, according to a December 2017 report from KPMG.
“We expect that by 2022, the leasing market will grow to 15% of [passenger vehicle] sales and become a key point in the automotive value chain,” the Group PSA spokesman said. Last year, DPCAFC financed 40.7% of DPCA sales — 182,449 new and used vehicles — up from 27.2% in 2016.Like This Post


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The Hollywood Reporter revealed today in an exclusive article, the cast of Netflix’s upcoming The Witcher series.
Day: October 10, 2018
Service will face stiff competition from Disney, Netflix, Amazon, Apple, more. ARS T...
These are 14 new game trailers shown today 10 October 2018 for Pc, Ps4 and XBoxOne. Games List: 00:05 Star
Warframe players who have a Twitch Prime account can snag some free loot beginning October 16. The upcoming bundle will include two weapons and a cosmetic item.
One of Fortnite’s rarest (and spookiest) skins is back in the item shop. Skull Trooper first appeared last year, when the now world-dominant battle royale was still in its infancy, and is now finally available for purchase again. But this time around, it comes with its own set of challenges.
It’s officially happening, PlayStation users will soon be able to change their PSN names! The long-awaited feature will be coming to those who sign up through the preview program, which is right here.
The PlayStation Blog has officially detailed the most downloaded games in the month of September for PlayStation platforms.
EA has published update 1.02 for FIFA 19 today and it comes with a slew of fixes! If you have been playing FIFA 19, then you will be happy to hear that EA has addressed some of the main issues you might have encountered with your time with game such as ‘The Journey’ cutscenes, FUT online functions, and stability issues.
Fans have long been clamoring for a sequel to Bully, Rockstar’s satirical take on education and adolescence. Rumors have been swirling regarding the game’s existence for quite some time, but nothing concrete has been announced. Now, a series of casting calls may have revealed that development is indeed underway.
Assassin’s Creed Odyssey is all the hype right now, but plenty of fans were wondering when and what will the recently announced Assassin’s Creed 3: Remastered have improved? Well, thankfully, Ubisoft Support answered some of the most requested questions.


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Microsoft's Surface Duo is a new Category of Android Device
Microsoft is finally ready to launch the unique, dual-screen Surface Duo device it first revealed almost a year ago. The Android 10 device has two 5.6-inch OLED displays, joined by a narrow 360º hinge, which can work together as one 8.1-inch display. Microsoft has customized both the Android OS, and its suite of productivity apps for Android, to enable new dual-screen functionality. The Surface Duo will launch September 10th starting at $1399. It has excellent support for the 4G networks of AT&T and Verizon, and decent support for T-Mobile's 4G network, although it does not support band 71. It will be available unlocked as well as from AT&T. Key specs include a Qualcomm Snapdragon 855 processor, 6 GB of RAM, 128 or 256 GB of storage, Cat. 18 LTE, 3,577 mAh battery capacity, 18W fast charging, fingerprint reader, and USB-C 3.1 including video output to DisplayPort or HDMI. It has an 11 megapixel camera that supports 1080p video conferencing and 4K video capture. The 360º hinge lets the single camera face inward or outward. When open, the Surface Duo is just 4.8mm thick.
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Dec 1, 2021
Samsung today announced the Galaxy A13 5G, its most affordable 5G phone yet at $250. Typically, the two most affordable phones in Samsung's annual lineup are the A1x and A0x models, leaving the new Galaxy A03s as possibly the only model in Samsung's 2022 US lineup without 5G.
Nov 17, 2021
Motorola has announced a new moto g power , just ten months after announcing the last one. The new moto g power (2022) has two key upgrades over the old 2021 model: a display with 90 Hz refresh, and a 50 megapixel main camera.
Oct 7, 2021
Motorola today announced the moto g pure , the company's latest entry-level phone. The phone will be sold by essentially every carrier in the US, including Verizon, AT&T, T-Mobile, Cricket, Metro, Boost, US Cellular, and Xfinity.
Aug 19, 2021
Motorola today announced a new premium-tier phone: the Motorola edge (2021). The headline features are a 108 megapixel main camera and a large 6.8-inch display with adaptive refresh up to 144 Hz.
Oct 5, 2021
The FCC today started Auction 110, the third in a series of auctions to sell licenses for valuable C-band (mid-band) radio frequencies that offer a good mix of data speeds and coverage when deployed for 5G networks. All three major US wireless carriers have registered and qualified to bid in the auction.


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Manchester’s Digital Revolution!
This article has been prepared by Manchester Digital . The trade body for digital and technology businesses within Greater Manchester.
According to a report by CBRE, Manchester remains the number one tech location outside of London. This is pleasing news for a region that is seeking to establish itself as a leading European, or even global tech hub.
In 2018, Greater Manchester’s tech and digital industry contributed £4.98b to the UK economy. Forecasts are suggesting these figures look set to be improved upon by the end of 2019.
Impressive turnover figures are being bolstered by the success that is being witnessed from across the wide portfolio of sectors that make up the city region’s digital economy.
One area of digital specialism, fintech , is developing at a staggering rate with the region. Manchester-based companies such as Zuto and Mojo Mortgages have secured millions in capital investment, and in doing so have helped to generate an increased appetite for further investments within the sector.
This includes the emergence of bank-sponsored accelerators and incubators that are churning out new products and businesses. Manchester Digital’s Fintech Forum also brought together key figures in the industry to share learnings and insights that we will be releasing as part of our programme for 2020.
Success on a start-up and scale up level is taking place simultaneously with an increase in the number of large companies relocating to Manchester. Recent arrivals include GCHQ, Slalom and HPE, with rumours of Amazon and Facebook to come. These companies are attracted to Manchester due to the strength of the existing community, the access to graduate talent afforded by Greater Manchester’s three main universities and the relatively low running costs in comparison to London.
Building upon success
Whilst this is all good news, the reality is that, if Manchester is to achieve its full potential, success will rest upon the region’s ability to attract and retain the talent needed to support the sector. This will be no easy feat. The Skills Audit has revealed companies are still struggling to hire in key positions. Therefore, if the sector is to sustain predicted growth, it will require an additional 22,000 roles by 2035.
How can businesses help?
It’s important for businesses within Greater Manchester to ensure there are enough skilled workers coming into the talent pipeline. One way of doing this is to support Digital Futures – Manchester Digital’s GMCA-backed campaign that encourages businesses to pledge as little as twenty minutes of their time to helping young people enter our industry. If your company hasn’t signed up, make it a New Year’s Resolution to do so for 2020 and demonstrate to both potential and existing staff that your company is a responsible employer.
There is a lot of work to be done, but it seems that 2020 is shaping up to be a successful year for Greater Manchester’s tech and digital sector. If you would like to be a part of the forward-thinking businesses that are working together to develop and grow the ecosystem, as well as their own businesses, find out more about Manchester Digital membership, here .
To listen to this article please click here.


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(WHTM) — JBS USA shut down its beef plants after a cyberattack this week, including its plants in Pennsylvania.
The company said they were able to ship products from nearly all of its facilities to its supply customers. They say they are making progress in resuming plant operations. However, it was warned that meat prices could increase ahead of summer barbecues as a result.
In response to the shutdown, abc27 reached out to local grocery chains to ask whether this would affect supply in stores, and if it would be necessary to set purchase limits.
“While JBS is a supplier, we are supported by several suppliers and don’t expect an impact at this time to our customers,” PR Manager of The Giant Company Ashley Flower said.
“We’ve been in touch with our suppliers and expect no disruptions,” Director of PR for Weis Markets Dennis Curtin said. “Should that change in the days ahead, we will adjust as needed. But right now we are holding steady.”
With more than 150,000 employees, JBS is the largest meat production company in the world.
JBS USA said in a statement that it was the target on Sunday of an “organized cybersecurity attack” affecting some of its servers supporting its North American and Australian IT systems.
The cybersecurity attack is currently under investigation by the FBI.


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Stop everything! GIFs are now working on Facebook pages too! Yes, soon every Facebook page out there will be able to post animated GIFs. And believe me, they will.
It has been a discreet roll out as the feature has not been officially announced by Facebook. Nevertheless, pages across the world have already started sharing all kinds of GIFs, celebrating the “tumblrisation” of Facebook. Of course we did too. And guess what: you can embed them too:
So… GIFs are now working on Facebook Pages too! #OhYeah
If you like our stories, there is an easy way to stay updated:
GIFs work on pages the very same way you are now used to share them on your personal profiles: Find a GIF you like, copy/paste the URL and voilà!
Like every other post type, you can also boost GIF posts. Now that sounds interesting…
All good? Well, almost because they don’t play well on mobile, yet.
You might also like
More from Facebook
Facebook has clarified its guidelines for including music in videos and made improvements to copyright infringement notifications during live broadcasts.
Facebook is rolling out a new safety feature in India that allows users to lock their profiles from people who …


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The market continues to be frustrating for buyers. Available inventory in the month of May fell to a new low. When comparing the amount of available inventory to April of this year we see a massive drop but as you can tell by the graph it follows a trend that we see about this time every year. In 2020 the amount of available inventory fell 30% from April to May. This year, the amount of available inventory fell 46%. What we do see this year that is different is the amount of available inventory is steadily declining. If you are a buyer and you find a house you are interested in, you will have to move quick or risk losing it. Sitting and waiting is not an option for buyers in this current market.
It is difficult to judge year over year trends as this time last year we were still in the middle of a shutdown due to the Covid-19 pandemic. Last month we saw a spike in new listings that rivaled pre-pandemic amounts. This is possibly due to sellers that were on the fence seeing the increased prices and lower days on market and jumping at the chance to sell at a high point. This growth slowed last month significantly as the new listings fell again back to what they were during the pandemic shutdown.
When it comes to looking at the data for closed sales, comparing year to year totals is a little deceiving since the shutdown began in March of last year. This will have an affect on closed sales in April of 2020. It this instance it is better to compare month over month totals. Month over month, we have seen a steady growth in the amount of closed sales. This shows a market that is struggling to become active despite low inventory numbers.
The lack of available inventory continues to drive up prices and creating bidding wars on the available homes for sale. When compared to previous time. In fact, many buyers are being priced out of St. Johns County and have begun looking at surrounding counties. First Coast Realty has agents that specialize in 5 of our surrounding counties.
So What Does This Mean For Buyers and Sellers?
So what does all this mean? Thanks to low inventory sellers are selling at 100% of list price in an average of 25 days. If you have been wondering when is the time to sell, the time is now. let the market leave you behind. Call First Coast Realty to receive a complimentary Broker’s Price Opinion.
Buyers, the market continues to climb. Make sure you get all the facts before you begin to shop. First Coast Realty has a team of network individuals standing by to make sure you dreams of homeownership become a reality.
Whether you are looking to buy or sell, First Coast Realty would welcome the opportunity to earn your business. Feel free to reach out to us on Facebook or Twitter and we would be happy to assist you in getting the ball rolling. Or, to talk to a qualified, experienced agent call/text today 904-494-8408 or email firstname.lastname@example.org


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During the three months in lockdown, it’s fair to say that ‘bottle blondes’ will have suffered the most, as hair that’s been lightened with peroxide is more porous and prone to damage and colour fade than brunettes. Which may go some way to explaining why online searches for ‘blonde hair’ have risen by 700,000 since Covid.
But while hairdressers are booming since reopening, charity donations are dwindling. The Little Princess Trust, which funds the creation of wigs for children who have lost their hair for medical reasons, has seen hair donations drop by 75% since lockdown.
As demand for at-home colour care has continued to soar despite lockdown easing, John Frieda has teamed up with Deliveroo to make purchasing blonde haircare products as easy and quick as ordering a takeaway.
From 12pm today (for one day only) John Frieda has partnered with Deliveroo to unveil the exclusive John Frieda Blonde Menu. Customers will be able to purchase three exclusive John Frieda blonde hair kits via the Deliveroo app, at a limited-edition price of £5.00 – up to 75% off the RRP. Whoop whoop.
All proceeds from the kits will be going to John Frieda’s charity partner, The Little Princess Trust which provides free real hair wigs to children and young people, who have lost their hair through cancer treatments and other medical conditions.
Blondes in London and Manchester will be able to get their hands on a choice of three limited-edition hair kits for £5.00 (limited amounts are available and cost excludes delivery). The three hair kits on the menu are Violet Crush Hair Kit, Go Blonder Hair Kit and Highlight Activating Hair Kit.


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The real story behind the Nigeria shirt
The dust is still settling from the launch of the Nigeria home shirt, and it’s success has been anything but a fluke.
“How do you rate works of genius? Partly by personal inclination, partly by accepted wisdom, partly by popularity.”
These words from American writer Robert Gottlieb touch on the dilemma we face when critiquing art in all its forms. Football shirts, once a relatively niche area of the design world, are now arguably seen as an intrinsic part of communities around the globe. This has never been more apparent than in the past few months, where the launch of the new Nigeria shirt has sent shock waves throughout the footballing, and non-footballing, world.
Is the popularity of the shirt simply a result of clever marketing? Are we actually looking at one of the greatest shirts of all-time? Some of these questions cannot be answered at such an early stage, where at the time of writing Nigeria are set to face Argentina in the most crucial of group stage matches at the 2018 World Cup. We can however acknowledge the factors that have contributed to what has been a perfect storm.
When looking at the most notable football shirts in history, there is a thread which runs through almost all of them: success. Germany’s masterpiece from 1988 coincided with a golden period for the nation on the international stage. The Danish team of 1986 might not have won the World Cup, but the football they played was a perfect catalyst for the success and subsequent deification of their glorious half and half shirt.
So how does the Nigerian team factor into this discussion? Surely it’s over the top to describe the Super Eagles as successful? In reality this team is the most exciting outfit the nation has had in years, and the ingredients of their players have combined to form something dangerous.
Since the turn of the 21st century, there hasn’t been too much for Nigerian fans to write home about. A win against Bosnia and Herzegovina in 2014 was their only sign of a life at a World Cup since 1998. They didn’t even manage to qualify for the 2006 edition of the tournament.
Qualification for the 2018 World Cup however signalled a new dawn. In a highly competitive group containing Cameroon, Zambia and Algeria, they finished firmly in 1st place with 4 wins, 1 draw and 1 defeat. This doesn’t even tell the full story, their solitary defeat against Algeria was as a result of fielding an ineligible player.
The momentum of this campaign carried over to friendly matches, with the a 4-2 mauling of perennial foes Argentina last November forcing the world to take notice. They are by no means the complete team, but shining brighter than their inconsistency is the knowledge that Nigeria are capable of the spectacular. The team is the youngest at the 2018 World Cup, and whatever the outcome of their time in Russia the players and their fans are bound to leave an impression.
It is also worth noting how Nigeria have filled a void left by the power shift in African football over the past few years. The resurgence of North African teams like Egypt and Morocco has left West African nations like Ghana, Cameroon and Ivory Cost (so often the flag bearers for football on the continent) looking from the outside in. Nigeria are an exception to this rule, helping them to stand out even more.
The best football shirts encapsulate the culture they are representing. Sometimes this can be through the details of a shirt, where even stripes and patterns can help tell a story. Colours can evoke memories of famous moments for a team, and the voice of a community can be amplified through the medium of a kit.
One word has followed the story of this shirt from the beginning: Naija. More than just a shortened version of the country’s name, the following quote from a BBC article in 2010 sums up the power of the phrase perfectly:
What Naija means to me is: Nai - the old Nigeria with a bad image because of corrupt ex-leaders and Ja - a slang for disappear. So when we say Naija, it means that we, the youth, are determined to cleanse the country and show the world the true colour of this great nation. Naija for real!
Simon, Enugu, Nigeria
The determination and attitude that accompanies Naija is intoxicating. For a place that has had its fair share of tragedy, it’s the kind of battle cry which even those outside the country can’t help but be moved by. What’s more, the rise of Naija has coincided with the historic success of the film Black Panther. Marvel’s record-breaking movie soared to become the 9th highest grossing film of all-time, in the process highlighting the beauty and ongoing importance of black culture in today’s world.
Black Panther was as Vox described a “love letter to black culture", and this letter captured the imagination of people around the world. Whether Nike intended it or not, they created the perfect storm in celebrating Nigeria culture in a genuine way, at a time when everyone was beginning to take notice.
With the launch of any new football shirt, you can expect the usual marketing fluff. Celebrity endorsements, gorgeous photography, viral videos. Nike did more than just shout about the Nigeria home shirt, they put time and effort into the whole collection, and made sure people were on the edge of their seats waiting for the release.
In today’s world where you can find leaks for virtually every team’s shirt online, Nike and Nigeria beat everyone to the punch. Way back at the start of February (coincidentally just days before the UK release of Black Panther) a launch event was held to announce the Naija collection. Images of Alex Iwobi quickly circulated online, and excitement began to build. Not only did the shirt demand a reaction, but the tracksuits, bucket hats and drawstring bags that sat alongside it were even bolder than the home kit.
Fans were then made to wait for months until it’s official release. All this time, where grainy pictures and leaks would usually surface, the shirt continued to mature in the public’s consciousness. The wait only added to the anticipation, and a lot has to be said for how Nike handled this longer than average release timeline.
The rhetoric around the popularity of the shirt was wild, with the Nigerian football federation reporting their new kit had sold out with 3 million pre-orders. Whether the shirt actually had that many pre-orders is another story, but the hype that was built and the subsequent mad rush to buy the shirt once release day hit felt more akin to the launch of a new iPhone than a new football shirt. Nike and Nigeria got people talking week after week, and the public couldn’t get enough of it.
One day after launch, the Super Eagles also played a marquee friendly with England at Wembley. The shirt’s primary inspiration, Nike’s first design for Nigeria in 1994, was also worn in a match against England. This well calculated backdrop demonstrated the value in going beyond the expected trajectory of a shirt release. Nike teased, teased and teased some more to leave everyone desperate when the shirt finally flew off the shelves.
Behind the hype
Despite all that’s been said, none of these efforts would mean anything if the end product was not worth it. And that’s the best part, the Nigeria shirt is actually a superb creation worthy of all the fuss.
Firstly, the design of the shirt combines elements from the best of Nigeria’s previous home shirts. Nike rose to prominence in the footballing world in the 90s, producing shirts which pushed the boundaries of design. Their best work was often reserved for the shoulders of a kit, as evidenced by a template in 1994 (made famous by Borussia Dortmund) which came to be Nike’s first design for Nigeria.
When both arms were lifted wearing that shirt, it was as if an eagle was spreading their wings. Sound familiar? Nigeria’s nickname is of course the Super Eagles, and the 2018 shirt takes this idea and spreads it across the body of the kit as well as the sleeves.
The colours are also a nod to a previous shirt, this time Nigeria’s kit from the 2002 World Cup. Back then a golden generation featuring the like of Kanu, Okocha and West was beginning to say goodbye, but their swansong was anything but subtle. The fluorescent shade of green shining in the Japanese sun was the highpoint of an otherwise forgettable tournament for Nigeria, and it was a suitably vibrant choice of colour for Naija’s latest outfit.
Another feature of the shirt is the fact the pattern actually continues around the back. It’s become a modern trend for the design of a shirt to be limited to just one area, (such as Nike’s latest shirts for Croatia, or even the pattern of the new Colombia home shirt from adidas) partly due to the restrictions brands are tied to. However, when a design breaks free of these limitations it stands out, and it’s a simple but effective move which harks back to the glory days of the 90s.
There are no gimmicks with the collar either, and a refreshing breakaway from the standard Vaporknit template used across much of Nike’s portfolio. Though the template actually has some great iterations (see Portugal or England), it’s another plus for the Nigeria shirt to not put placed in this bucket.
It’s no secret many people have been enjoying what brands like Nike and adidas have brought to the table this summer, and it makes complete sense given the low point we reached just two years ago at Euro 2016, where almost every kit appeared to be from the same design stable. Amongst all the retro callbacks and fresh designs, Nigeria’s is arguably the boldest, and it is the poster boy for what will hopefully be a change in direction for an industry which looked doomed not so long ago.
An unfolding legacy
So how do we judge a shirt like Nigeria’s? Personal preference may be about as diverse as possible, but as we explored at the start, popularity and the clever choices that Nike have made force us to consider more than just these preferences.
For me, this shirt is quite simply a game changer. Websites, radio stations and personalities inside and outside the footballing world continue to talk about the Nigeria home shirt. This is a modern day Germany 1988, a shirt which will be looked back on for generations to come.
If Nigeria make waves at the World Cup this summer, we will almost certainly be looking at one of the greatest shirts of all time. But even in they proceed to exit the tournament in inglorious fashion, this shirt will still stand tall. It’s path has already been carved, and all future shirts will be judged to a degree by what we are seeing with our very own eyes this summer.
FOOTY.COM rating - 96/100


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20-22 June 2017
Santa Gertrude, Sao Paulo, Brazil
The Spanish company has become the first European inkjet printer manufacturer to enjoy the benefits of the strategic partnership with Xaar.
The US multinational unveiled a full suite of digital solutions at Ceramics China (Guangzhou).
L'elezione il 7 giugno durante l’Assemblea annuale dei Soci.
Italian technological excellence will gather in a more than 1,500 square metre space at Ceramics China devoted to the latest process innovations for the ceramic industry.
Hyper-amortisation drives sales of innovative technologies in the domestic market. Exports are stable. Total turnover up by +13.3%.
Batimat Russia, the largest exhibition of building and interior finishings in Eastern Europe, is about to begin.
The Italian ceramic machinery industry continues its world tour with visits to Brazil and Indonesia.
From 1 to 3 March the Italian pavilion organised by ACIMAC and ICE will be showcasing Italian ceramic machinery at Indian Ceramics


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Organised by the Hong Kong Trade Development Council (HKTDC), the 27th Food Expo, the eighth Hong Kong International Tea Fair, the third Home Delights Expo and the inaugural Beauty & Wellness Expo, together with the International Conference of the Modernization of Chinese Medicine & Health Products (ICMCM), which is jointly organised with the Modernized Chinese Medicine International Association Ltd, have concluded successfully at the Hong Kong Convention and Exhibition Centre. Ending their five-day run (11-15 August) today, the Food Expo, Home Delights Expo and Beauty & Wellness Expo attracted more than 490,000 public visitors, up 4.5 per cent compared to last year. The Trade Hall at the Food Expo, which was open to industry representatives from 11 to 13 August, drew close to 21,000 buyers this year, up one per cent year-on-year.
Benjamin Chau, Deputy Executive Director of the HKTDC, said, “The Food Expo provides a wide variety of business opportunities and we are glad to see exhibitors coming from around the world to promote their products through this platform. Besides, the expo is one of the major summer events in Hong Kong. The atmosphere at the concurrent fairs was very vibrant this year, with public visitors able to enjoy international delicacies and have fun shopping in a huge and diverse venue. The inaugural Beauty & Wellness Expo also provided an ideal promotion platform for the exhibitors to test the market and raise brand awareness.”
New exhibitors help spice up business at the Food Expo
The Food Expo, comprising the Trade Hall, Gourmet Zone and Public Hall, featured a record number of close to 1,400 exhibitors from 26 countries and regions, further reinforcing Hong Kong’s position as the food distribution and trading hub in Asia. First-time exhibitors included a Latin America pavilion as well as companies from Croatia, Finland and Iceland. Japanese participation was the biggest ever with 320 exhibitors this year including the Japan External Trade Organization (JETRO), which brought more than 200 Japanese companies to the fair to present natural food, processed foodstuffs, agri-products and other items from Japan. Yasuhiro Ishida, Director of Agriculture, Forestry, Fisheries and Food Business Promotion Division, JETRO, said, “Hong Kong is a convenient and ideal place to trade and do business while the expo is effective in drawing buyers every year. Hong Kong is the biggest importer of Japanese food products. We’ve seen good visitor traffic again this year. Our participating companies are pleased with the exhibition results. We are eager to expand sales to Hong Kong through this trading platform and to grow our business on the Chinese mainland and in Asia.”
With the support of the Consulate General of Colombia in Hong Kong and the Consulate General of Peru in Hong Kong and Macau, the Latin America pavilion was launched for the first time at the Food Expo to introduce Latin American culinary sensations to the region. Diana Catalina Davila Suarez, Consul, Consulate General of Colombia, said, “We are taking this opportunity to promote a variety of products, in particular fresh and packaged foodstuffs from Colombia and Peru. Highlights include organic quinoa from Peru and coffee from Colombia. The Food Expo attracted a large number of visitors, including distributors, chefs and consumers all in one place to explore opportunities. We already met buyers from the Chinese mainland, Korea, Singapore and Japan on the first day of exhibition. They expressed keen interest in our products and we will talk to them about further cooperation.”
Business matching activities pair buyers with suppliers
The HKTDC organised more than 100 buyer missions from over 20 countries and regions to visit the Food Expo and Tea Fair. Local retailers and agents, including 759 Store, Sun Wah Japanese Food Ltd, Cafe Deco Group and DCH Logistics Co Ltd, set up buyers’ booths at the fairground for pre-arranged business matching meetings with exhibitors.
Popular local retailer and agent city’super set up a buyer booth at the Food Expo for the third time. Stanley Ho, Manager, Dry Food, City Super Limited, said the expo created many new opportunities for buyers at the fair, adding that the company hopes to return with a buyer booth again next year. He said the business matching service at the fair helped them meet a number of exhibitors from different places including Japan, Korea, Poland and Croatia, with many of them offering products that match their sourcing needs. He believes there is good potential to do business with about 80 per cent of these suppliers.
Designed to serve up business opportunities for industry players, the Trade Hall featured a number of national and regional pavilions. A new Chinese Medicine Zone was also staged in association with the International Conference of the Modernization of Chinese Medicine & Health Products. Terence Li, Coordinator, Asoka (Hong Kong) Company, said the new Chinese Medicine Zone suits his company’s needs, adding that they were pleased with the response this year as the fairground layout facilitated business negotiations. “We have already been in touch with several potential buyers, and we are now in talks with four Hong Kong companies specialising in health products. Several Chinese mainland buyers also visited our booth looking for cooperation opportunities.”
Parallel fairs generate business synergy for lifestyle brands
Marking its third edition, the Home Delights Expo gathered 150 exhibitors showcasing the latest innovative home appliances and household items. The event was well received by the visiting public. Catherine Wong, Senior Retail Marketing and Sales Manager of the Hong Kong and China Gas Company Limited, commented that, due to encouraging results last year, they joined the event for the second consecutive year and will return again next year. “As the Food Expo has become a large-scale summer family event, it also brings visitors to the Home Delights Expo, and we found that the response from consumers was better than last year. Our original target this year was to achieve single-digit growth in our sales. As sales momentum has been strong this time, we are now expecting double-digit growth.”
The inaugural Beauty & Wellness Expo gathered more than 60 exhibitors from across Asia including Hong Kong, Macau, Thailand, Malaysia and Taiwan. The expo provided a new platform for the beauty and wellness industry to analyse market trends and gauge the market’s responses to new products and services.
Importing revolutionary nail polish appliques from the United States, Incoco Hong Kong received much attention from consumers at fair. Blaze Yau, Marketing Manager of the company revealed that the results exceeded expectations. More than 5,000 consumers had tried out their nail polish appliques and over 2,000 sets had been sold. Another exhibitor 5100 Cosmetic Co Ltd promoted a skincare product line made from Tibetan water. Raymond Hu, General Manager, 5100 Cosmetic Co Ltd, said that the concept of the Beauty & Wellness Expo matches the company’s philosophy, providing an opportunity to promote their brand to consumers at the expo. He estimated that average spending per customer was around HK$200. “During the expo, we have distributed 50,000 free samples of hydrating facial masks and invited visitors to try our mineral water and compare it with ordinary drinking water. Apart from introducing our brand to consumers, some trade buyers from Southeast Asia were also interested in our products.”


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The increase in the number of people flying first and business class on international flights slowed in November, but the airline industry body IATA said the upward trend in air travel remained intact.
The year-on-year growth rate for premium travel was 9.6 percent in November, compared to 11.0 percent in October, the International Air Transport Association (IATA) said, noting that November 2009 was a particularly strong month.
At the back of the plane, growth in demand for economy tickets also slowed to 7.0 percent in November from 7.6 percent in October, it said in its monthly premium monitor, Reuters reports.
“Business travel continues to be the key driver for both seat classes and recent improvements in business confidence are a positive lead indicator for air travel in the next few months,” said IATA, whose members include Singapore Airlines, British Airways and Lufthansa .
Premium traffic — the most profitable part of airlines’ passenger business — remained 12 percent below pre-crisis levels in November on a seasonally adjusted basis.
But this appears to have more to do with the lack of a full recovery in business travel drivers such as world trade and equity markets rather than a further shift to economy seats, IATA said.
IATA, whose 230 member airlines cover 93 percent of scheduled international traffic, said last month airlines would return to profit in 2010 and this year at higher levels than previously expected.
The IATA data on business travel follows news that Airbus overtook Boeing in the annual orders race in 2010 after a last-minute airline buying spree highlighted a recovery in emerging markets and the low-fare sector.


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Duke Dinsmore saw a need coming even before the grocery store shelves and coolers were empty.
Dinsmore, owner of Harvard Meats, 1901 S. Elm Place in Broken Arrow, said he emptied his checking account to stock up his shop in expectation of a rush on meat when people sought extra provisions in preparation for possible quarantines and lockdowns as the coronavirus spread in Oklahoma.
The risk paid off, and as big box retailers saw their meat departments emptied, more and more customers turned to small businesses like Dinsmore’s to feed their families.
He was flooded with extra business, leading to 15- to 18-hour work days for Dinsmore and his crew as they tried to keep up with demand.
“I’ve been incredibly blessed,” Dinsmore said.
Through it all, he has also been undergoing chemotherapy for stage 4 cancer, which he said he’s been battling for two years. Last week, he had to wear a chemo pump for three days.
And while the increase in sales has been good for Harvard Meats, Dinsmore has been on the other end of the economic downturn with his other Broken Arrow business, My Poppa’s Barn Antiques, 2039 W. Houston St., in Broken Arrow.
He closed down that store, which provides space for antiques and collectibles to be sold by vendors, including many elderly people who depend on the shop for added income.
Toward the end of March, Dinsmore was looking for a way to provide extra support to his community. He said he prayed for guidance and that the idea came to offer free meat packages to people who reach out.
He posted on Harvard Meats’ Facebook page asking for people to submit their requests for help for themselves or for others, and he said he immediately was flooded with replies.
“I felt the Lord said to bless people,” Dinsmore said.
“My email literally blew up. I had a dozen emails, and it was all common, everyday people just struggling right now. … I gathered my staff together and told them, ‘Tomorrow is going to be a day of giving back.’”
All told, Dinsmore said he eventually helped 40 families with packages that included enough ground beef, chicken and other items to help with three to five meals per family.
Harvard Meats was founded in Tulsa in 1964 by Gerald Dinsmore Sr., and the Broken Arrow market opened in 2015.
Gallery: Look for the helpers. See what these Tulsans are doing to ease the stress of the coronavirus pandemic
Look for the helpers: See what these Tulsans are doing to ease the stress of the coronavirus pandemic
Look for the helpers: Local musician plays cello for neighborhood
Look for the helpers: Historic Vernon AME Church
Look for the helpers: Tulsa nurse goes to New York
Look for the helpers: 100,000 bottles of hand sanitizer in Bartlesville
Look for the helpers: The Opportunity Project
Look for the helpers: 413 Farm helps Amelia's Market
Look for the helpers: Vintage Wine Bar
Look for the helpers: Artist Scott Taylor
Look for the helpers: YMCA celebrates Healthy Kids Day
Look for the helpers: Meal donations to prison guards
Look for the helpers: Local nurse heads to New York
Look for the helpers: Tulsa artist Rachel Rose Dazey
Look for the helpers: Meals on Wheels
Looking for the helpers: SPCA animal cruelty investigator
Look for the helpers: Ti Amo
Look for the helpers: Mask maker
Look for the helpers: Balloon artists
Look for the helpers: Animal fostering
Look for the helpers: Harvard Meats owner Duke Dinsmore
Look for the helpers: Tulsa Botanic Garden
Look for the helpers: Tulsa artist Margee Golden Aycock
Look for the helpers: Elementary school teacher Bethany Martin
Look for the helpers: Tulsa Ballet costume shop
James Royal 918-481-8394


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Recently Apple reported record-breaking earnings for the first quarter of 2023, with revenue of $123.9 billion and earnings per share of $1.52. This represents a 9% increase in revenue and a 10% increase in earnings per share from the same quarter last year. This is massive and they are not slowing down.
The company’s iPhone business was the main driver of growth, with revenue of $71.6 billion. This represents a 5% increase from the same quarter last year. The company’s Mac and iPad businesses also saw strong growth, with revenue of $10.9 billion and $7.6 billion, respectively.
Apple’s services business also continued to grow, with revenue of $19.5 billion. This represents a 17% increase from the same quarter last year. The company’s services business includes its App Store, iCloud, Apple Music, and other subscription services.
The impact of the earnings beat on Apple shows that one of the largest companies in the world still acts like a startup and just keeps innovating.
Their loyal customer base is unrivaled and their strong brand is what will keep Apple growing as they continue to innovate and introduce new products, the age of Steve Jobs got us to this point and now the age of Tim Cook is taking Apple a bit further.
With the announcement of Apple’s mixed-reality headset , this is sure to be something special giving dirct competition to Meta. In short it is a device that combines augmented reality (AR) and virtual reality (VR) technologies. It is expected to be released sometime this year and will be powered by Apple’s own custom-designed chips. The headset is rumored to have two displays, one for each eye, and will be capable of rendering high-quality graphics. It is also expected to have a number of sensors, including cameras, motion sensors, and environmental sensors. Here are some of the potential impacts that this can make as it gains traction:
- Gaming: The headset could be used for a variety of gaming experiences, including first-person shooters, role-playing games, and racing games. It could also be used to play existing games in a new way, such as by using the headset to look around the game world.
- Entertainment: The headset could be used to watch movies and TV shows in a more immersive way. It could also be used to play games, listen to music, and read books.
- Education: The headset could be used to learn in a more immersive way. Students could use it to explore virtual worlds, learn about different subjects, and collaborate with other students.
- Work: The headset could be used to work in a more efficient way. Employees could use it to collaborate with other employees, access information, and work on projects.
Apple’s mixed-reality headset is still in development, but it’s potential to be a major breakthrough in technology is evident. It could revolutionize the way we interact with technology and could have a significant impact on a variety of industries and solidify Tim Cook as a true innovator in the tech space.


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French dairy company Lactalis has acquired Cairo-headquartered Greenland Group for Food Industries from Americana Group. The acquisition has been made through Lactalis’ joint-venture operation, Lactalis-Halawa (which was founded in 1997). No details have been released on the deal value.
Lactalis-Halawa already distributes dairy products under the Président, Lactel, Teama, Nestlé and Celia brands in Egypt. It operates in the cheese, chilled dairy, milk (UHT and fresh), juices and infant nutrition categories.
Greenland has five dairy production sites in Egypt, employing 1,250 people. All its factories are in 10th of Ramadan City, which is 60km northeast of Cairo. Its main focus is cheese and the company also processes ghee, milk, juices and fresh dairy products such as sour cream and labne.
Americana Group, which is headquartered in the UAE, is a major player in food manufacturing and foodservice across the Middle East and North Africa. It owns several brands in the snacks, canned food, soft drinks and ready meals categories. It is also the Middle East franchise holder for several blue chip fast fast brands including KFC, Pizza Hut, Krispy Kreme, Hardee’s, Baskin Robbins, Olive Garden and Costa Coffee.
The move is a major step forward for Lactalis, whose physical presence in Africa is relatively limited, although its brands are available across much of francophone Africa. Apart from Egypt, it has a representative office in the Republic of Congo and an office in Togo. Sales of its infant nutrition products in Africa were badly dented by a contamination problem in late 2017 leading to a widespread product recall. In September 2018, Lactalis bought South African pharmaceutical company Aspen Pharmacare’s infant nutrition business for $940m. The acquisition was partly driven by a need to rebuild its presence in the infant nutrition sector.
By acquiring Greenland’s dairy operations – which have struggled to establish themselves as a core part of Americana’s growth strategy, Lactalis has gained a more secure foothold in North Africa and the Middle East. The acquisition comes amid considerable interest in the dairy sector in the Middle East and Africa. European dairy brands including Emmi, Savencia, FrieslandCampina and Arla have all been active in M&A and joint ventures in the North Africa in recent years. The latest news was in December 2018 Arla Foods acquired Mondeléz’s cheese business in the Middle East, including a modern cheese processing plant in Bahrain. In its media release for the acquisition, Arla revealed its sales in The Middle East and North Africa had doubled organically since 2010.


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Samsung Canada To Transform the Retail Brand Experience
Apr 03, 2017, 09:00 ET
Arriving Summer 2017 at CF Toronto Eaton Centre, the two-level, 21,000 sq. ft. Samsung Experience Store facing Yonge-Dundas Square will bring the Samsung ecosystem to life
MISSISSAUGA, ON, April 3, 2017 /CNW/ - Today, Samsung Electronics Canada Inc. announced plans for its sixth, largest, and most immersive Samsung Experience Store in Canada to date, coming this summer to CF Toronto Eaton Centre. The 21,000 sq. ft. innovative space will provide a stunning retail and technology experience, with a full calendar of engaging events and in-store features unlike any other Samsung retail footprint in Canada.
"Our new Samsung Experience Store at CF Toronto Eaton Centre is, simply, unlike anything we've ever launched before in Canada. From the moment our guests join us, they will experience the Samsung Galaxy Life connected ecosystem. The dynamic and innovative space will bring our guests closer to the Samsung brand and our latest innovation, enabling them to get closer to what they are passionate about and reach their full potential" said Patricia Heath, Vice President, Retail Excellence, Samsung Canada.
The breathtaking new Samsung Experience Store at CF Toronto Eaton Centre will feature two entrances—one at street level for easy access from the bustling Yonge Dundas Square, and one from within the shopping centre itself. While in the store, customers will be able to experience:
- A Canadian-first, fully functioning Samsung demo kitchen, allowing visitors to watch cooking demonstrations, get involved in their passion for cooking and delight their senses and taste-buds with on-site culinary creations
- Interactive Samsung Gear VR and Gear360 zones to 'transport' visitors across Canada, over rollercoasters and beyond
- The full Samsung lineup of smartphones and tablets, with an expansive assortment of mobile accessories to personalize guests' favourite Samsung device
- A luxe TV experience zone ready to showcase amazing Samsung picture, sound and design innovations, and allow guests to indulge themselves in their passion for entertainment
- Onsite Samsung Smart Service and trained Galaxy Consultants will guide guests through the experience, answer questions and provide technical support and repairs for mobile products. In addition, Samsung mobile device owners will also be able to coordinate 1:1, in-person sessions with Galaxy Consultants at CF Toronto Eaton Centre
The space ushers in a new era of retail excellence for Samsung's Canadian operations. Designed by award-winning Canadian design firm, Quadrangle, it will feature a fluid, contemporary design that will delight visitors through a variety of innovative, hands-on experiences.
"We were thrilled about the potential of this opportunity," commented George Foussias, Design Director, Quadrangle. "Our expertise in realizing bold retail interiors and technologically-rich environments paired with Samsung's dedication to innovation allowed us to create a completely immersive environment: a touchpoint for consumers to access and experience the Samsung ecosystem in a brand new way."
"CF Toronto Eaton Centre offers an unparalleled retail experience in the heart of Canada's most vibrant city, made possible by innovative retail spaces like those offered by our partners at Samsung Canada," said Sal Iacono, EVP, Operations, Cadillac Fairview. "We're excited to welcome the first retail experience of its kind for Samsung Canada to the downtown core, in a space that will be a must-see for the nearly 50-million visitors CF Toronto Eaton Centre attracts annually."
This marks the sixth Samsung Experience Store in Canada since 2012, with successful retail locations already in Ontario at CF Sherway Gardens and Yorkdale Shopping Centre, in British Columbia at Metrotown Mall in Burnaby and CF Richmond Centre in Richmond, and in Edmonton at the West Edmonton Mall.
For the latest information and announcements on this upcoming retail launch from Samsung Canada, follow facebook.com/SamsungCanada or on Twitter @SamsungCanada.
About Samsung Electronics Canada, Inc.
Samsung Electronics Canada inspires Canadians to reach their full potential through a transformative ecosystem of products and services that deliver innovation and distinct design to every aspect of their connected lives. The company is redefining the worlds of TVs, smartphones, virtual reality and wearable devices, tablets and digital appliances. In 2016, Samsung was ranked in the top 10 most reputable brands in Canada, based on a study by Leger. Dedicated to helping make a difference in the lives of Canadians, Samsung's award-winning Hope for Children corporate giving initiatives supports public education, sustainability and health-related issues in communities across the country.
To discover more, please visit www.samsung.com
SOURCE Samsung Electronics Canada
For further information: or to request interviews, please contact: Lianne Pitts, North Strategic (for Samsung Canada), [email protected]
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Shares of Canada’s cannabis giant Aurora Cannabis (TSX:ACB)(NYSE:ACB) have gained 13% in the last two trading days. The stock rose 6.4% yesterday and was up by the same number on Monday as well. So what impacted Aurora Cannabis stock in the last two days?
On February 3, 2020, Aurora Cannabis announced that its Aurora facility in Bradford, Ontario has received an EU GMP (European Union Good Manufacturing Practice) certification. This certification is given to companies that demonstrate a high degree of production quality in their manufacturing process — a primary requirement for the export of medical cannabis products in Europe’s growing market.
Aurora CEO Terry Booth stated, “The EU GMP certification of our River facility further validates our strategy focused on purpose-built facilities, designed and constructed exclusively for the production of high-quality, pharmaceutical grade cannabis.”
The Aurora River facility has a cultivation capacity of 28,000 kg annually. It has 17 fully-planted climate-control rooms to cultivate cannabis. The EU GMP certification will help Aurora gain traction in the international markets.
The company now has received this certification for three of its 10 Canadian production facilities including Aurora Mountain and Aurora Bridge. Aurora Mountain has an annual production capacity of 4,800 kilograms, while this figure for Aurora Bridge stands at 7,000 kilograms.
In addition to this certification, investors were buoyed after Aurora also announced it has the required approvals from Germany’s local regulators for the sale of medical cannabis products.
Aurora products were temporarily suspended from sales in Germany in late 2019, as the former was accused of using radiation facilities without the required permits. Germany is the largest medical marijuana market in Europe and is expected to drive Aurora sales higher in fiscal 2020.
What next for investors?
Aurora Cannabis stock has gained about 8% year to date. Despite the recent rally, however, shares are still trading 80% below the 52-week high. The structural challenges that have decimated cannabis stocks continue to impact retail sales in Canada.
The cannibalization from the illegal market coupled with slower–than-expected rollout of retail stores in major Canadian provinces will continue to put pressure on the company’s top line in 2020.
Another reason for the sell-off in pot stocks in the weak fundamentals of most companies. Several marijuana manufacturers including Aurora Cannabis are struggling with mounting losses.
Though analysts expect Aurora’s earnings to improve by 44.8% in fiscal 2020, its EBITDA for the current fiscal is forecast at -$108 million. Aurora ended the September quarter with a debt of $795.73 million and a cash balance of $191.93 million. With an operating cash flow of -$218 million, the company will look to raise additional capital sooner rather than later.
Aurora is still a domestic heavyweight and is second in terms of production capacity and sales. In terms of valuation, Aurora has a market cap to sales ratio of 8.73 and an enterprise value to sales ratio of 10.1.
Investors hope that the legalization of cannabis 2.0 products and the EU GMP certification will result in a turnaround of fortunes. Will Aurora’s leadership position and its reasonable valuation drive the stock higher in 2020?
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.
Fool contributor Aditya Raghunath has no position in any of the stocks mentioned.


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If you stay in one of these hotels, you can drive a Tesla for free
Want to know what’s it’s like to drive a Tesla Model S sedan? It will only cost you $845 a night at the Mandarin Oriental Washington, D.C. to find out. The hotel is offering an “electrifying getaway” promotion between September 8 and December 15, 2015. Check in for a maximum of two nights and, among such perks as a spa treatment, European breakfast, and cocktail and hors d’oeuvres reception, you have the use of a Tesla Model S for the duration of your stay.
There’s only one car available, so planning a booking in advance is a must, but this isn’t the first time Tesla and hotels have been linked at the marketing hip. Upscale properties like to dangle the allure of a high-profile ride, while the auto manufacturer gets exposure to high net-worth individuals who might be a candidate for one of their vehicles.
For example, Tesla has held a test drive event at the Mandarin Oriental Miami in May. The Mandarin Oriental NY has a Tesla house car that it welcomed on Twitter as its “newest addition.” And if you’re in Atlanta and need to charge your Tesla, you can stop by that city’s Mandarin Oriental for a free plug in.
Other hotels have used the Tesla in promotions as well. The Ritz-Carlton Beijing at the end of May presented “Tesla Tea Time,” combining traditional English afternoon tea and a Model S test drive. Starting in February 2015, Virgin Hotels Chicago had a $121,000 Tesla Model S P85D — described by the hotel as the currently “hippest and highest performing electric car on the market” — for guest rides to “select areas in Chicago.”
The continued marketing may be good to gain more attention and buyers. Or perhaps it’s also a way to keep people who have ordered a car to hanging on until they get theirs delivered. The Tesla Model X electric SUV is supposed to ship in September — three years late — to the reported 20,000 people who already paid $5,000 each to pre-order.
Riding Tesla coattails has become so popular that even less venerable establishments have hopped onto the bandwagon. The Victoria Part Hotel in Ft. Lauderdale, Florida, which boasts “cable TV, microwave, and small refrigerator” in every room and suite, also notes that it has a Tesla charging station available.
The ultimate close connection between the Tesla name and an overnight stay might have happened in January when a Phoenix, Arizona man tried renting out his Tesla on Airbnb for $85 a night. He offered an 8-inch air mattress in the back of the car with the seats folded down. But he gave up, as it “really wasn’t practical.”


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The concept of Women Entrepreneurship is formulating into rapid and apparent success stories in the business world today. The last few years have seen commendable progress in the female entrepreneurial criteria and 2015 raises up the bar of expectations, hopes and potentials a little more higher.
Let’s take a look at the few simulators that would come handy to raise up female entrepreneurial success stories in 2015:
1. Encouragements and Recognition leading to creation of role models:-
It is a very natural trait among people to hesitate taking a first step unless they can be sure that someone else had traveled through this same path and had not fallen. This is what happens in most cases of female entrepreneurial aspects. Nowadays, as more success stories about businesswomen are getting revealed and celebrated, more women- who previously had hesitated or remained to conservative to try- tend to venture into new ideas to start their own business. With extensive media coverage conducted by platforms like ‘Bizwoman‘ of the Business Journals, ‘Forbes Women‘ etc more inspiring stories are being related with some of the coolest startups mentioned. Such stories are rather giving rise to further stories to be told about women in business.
2. Outburst of Angel investors looking to invest behind female-led business start-ups:-
A recent article in Forbes Woman by Geri Stingel shows a rising trend in the angel investing sector catering to women entrepreneurs. This trend has been most significant in the years 2013-14 and has been caused by the increased acceptance of investors that, spending behind women-led businesses have less chances of failure than spending behind traditional male-led start ups. Furthermore, many women themselves are ending up being Angel investors particularly to invest in women-led startups. A strong example of it is drawn by the U.S based Golden Seeds, an organization founded by Stephanie Newby in 2005, which aims to educate and encourage women to spend wisely and actively behind business start ups and has become one of the largest network of Angel Investors of North America.
3. Availability of More financial options:-
Major problems that women faced/face before starting any business would be the lack of fund raisers and investors available and this is what mainly leads to hesitation in women to go and seek out a financial platform in the first place. However,that trend is changing now, as fund raisers tend to go for some experiments with women led start-ups to actually test against their speculation that such businesses might not last long. A recent report by Forbes showed that crowdfunding is becoming more geared towards spending behind women led start ups owing to preserve the issues of ‘equality’ and ‘gender unbiasedness’.
4. People are becoming more keen to defy that they are/have ever been gender-biased:-
The concept of equality press further when you are alleged to be biased. This is what is happening; as more statistics and reports show that investment, opportunities and acceptances behind women entrepreneurship remain low, more people specially men in business, tend to defy these notions and build up stronger support systems either by becoming venture capitalists, fundraisers or by covering stories of successful women entrepreneurs to bring them out to limelight.
5. Women are becoming more sure and self confident to start up something of their own:-
Businesswomen have always existed to contribute and shape up the business world, it was the concept of starting something entirely new that seemed a bit uncommon for women. Perhaps the risk factors, lack of scopes and platforms hindered many entrepreneurial women to try out their luck. Although this is now changing extensively. Seminars, conferences, special networks are designed just to give a kick start to female entrepreneurship. As mentioned earlier, as more stories are getting celebrated, an element of self-confidence is getting embedded into the minds of many women who are taking initiatives to start. With elevating popularity of entities like the Asian Women Entrepreneurs (Aweusa), Women Entrepreneurs of Saskatchewan, the WES-European network to promote women entrepreneurship etc more women are getting sure and well informed about guidelines about how to channel their innovative ideas into successful startups. These confidence indicators indeed imply that 2015 is going to be yet another tenure of success stories of new women entrepreneurs to talk and cheer about.


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With the proliferation of mobile devices in recent years, it should come as no surprise that many top websites are reporting users are accessing their sites from mobile devices at a rate which is increasing exponentially. This is evidenced through statistics recently released by Google showing how often YouTube is accessed via mobile devices such as smartphones and tablets.
During its Q3 earnings call this year, Google announced that YouTube received 40% of its traffic through mobile devices. If this trend continues, as it appears it will, it is obvious that the majority of YouTube videos will be watched and uploaded through mobile devices in the years to come.
The main reason
for the increase in mobile visitors to websites like YouTube is that these devices have become much more powerful in the last few years. Not only have their hardware capabilities increased dramatically, but mobile networks have picked up the pace as well.
4G LTE networks, like that of Verizon Internet for example, are even faster than the home broadband connections that many web surfers are still using today. It takes a speedy connection to be able to stream a YouTube video over the airwaves and, quite suddenly, mobile data devices appear to be up to the task.
That users are accessing YouTube through their phones or tablets more often is because almost each and every one now comes with a video camera. In only a few seconds, a user can shoot a video on their device, open the YouTube app, and upload their video. With such an easy process for uploading videos, it seems as if YouTube and mobile devices go hand-in-hand.
So, what does this mean for companies
In the future
YouTube and mobile devices will only become more integrated than they already are. Google is the parent company of both Android and YouTube. Therefore, they could theoretically blend these two products into one as much as they desire and other companies like Apple would be forced to keep up with the pace.
It appears that technology as a whole is all about mobility now. The distinction between home computers and tablets is shrinking. This is something every company and its marketing team must keep in mind if they intend to create cutting-edge advertising campaigns.
With that said, by optimizing YouTube videos for mobile devices and viewers who have a very short attention span, those videos will be able to better send the intended message and have a much greater impact on the target audience when they do.


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Posted Jan 11, 2012By mleyba
NEW YORK (AP) — Just like many Americans, the maker of Twinkies, Sno Balls and Wonder Bread is trying to lose the fat.
Hostess Brands is hoping to take a bite out of its high costs as it heads back into bankruptcy protection for the second time in less than a decade.
Hostess has enough cash to keep stores stocked with its Ding Dongs, Ho Hos and other snacks for now. But longer term, the 87-year-old company has a bigger problem: health-conscious Americans favor yogurt and energy bars over the dessert cakes and white bread they devoured 30 years ago.
Katrina Lairsmith of Damsels Dance Company is checking the rehearsal of Blackout at the studio of Levitate. Arvada.
An avalanche swept down a climbing route on Mount Everest early Friday, April 18, 2014 killing at least 12 Nepalese
The Denver Rescue Mission and Volunteers of America host the Annual Easter Celebration at the Lawrence Street Shelt
The Fender Stratocaster electric guitar, used by countless professional and amateur musicians, celebrates it’
Ahead of the annual Denver 420 Rally in Civic Center Park being held this year on Sunday, April 20, 2014, we presen
Good Friday events around the world mark the crucifixion of Jesus on Friday, April 18, 2014.


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Kendall Jenner is black, white, and pretty all over while out and about on Tuesday (July 31) in New York City.
The 16-year-old model was joined by her mom Kris Jenner as they headed to a studio at Chelsea Piers after a fun afternoon of shopping at Jeffrey boutique.
“On set of a Victoria’s Secret photoshoot! #NBDDDDDD,” Kendall tweeted.
It was recently announced that the brunette beauty is the new face of LA’s Fashion’s Night Out. Congrats, Kendall!!!!


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Reseller Park: Empowering Connections and Driving Success at IFA 2023
This well-established marketplace, which has served as an annual meeting place for trade buyers and tech companies for decades, had already made a strong comeback at IFA 2022 – the first IFA event held after the pandemic. The comeback event attracted a remarkable number of trade visitors over five days, delighting the almost 100 exhibitors in attendance.Expanding in Size and Influence: A B2B Platform that Commands Attention
One of the notable aspects of this year's Reseller Park is its impressive expansion compared to the previous year. In addition to the visitor campaigns initiated by Jan Nintemann's agency Global Fairs, the marketplace will boast around 110 exhibitors this year, including several leading channel media partners.
Jan Nintemann - Reseller Park
This diverse range of participants ensures that Reseller Park stands as a highly frequented B2B platform at IFA, occupying a significant portion of Hall 25. Its growth and popularity reflect its ability to adapt and meet the evolving needs of the industry, cementing its position as an essential destination for resellers and distributors.Addressing Climate Change: Early Initiatives and Forward-Thinking Strategies
Nintemann, known for his visionary approach in the tech event industry, has long been proactive in addressing climate change and its impact on the consumer electronics (CE) sector.
In previous years, he organised the "Studio Climate Conference" alongside IFA, focusing on CO2-reducing SmartHome solutions and featuring climate and sustainability experts like Clara Meyer, the press spokeswoman for Fridays for Future. Nintemann's dedication to tackling environmental challenges has positioned Reseller Park as a platform that not only facilitates business and innovation but also drives sustainability within the industry.Europe's Premier Refurbished Marketplace at IFA 2023
One significant focus for Reseller Park this year is the rapidly expanding refurbishing market. Alongside eBay, approximately 20 refurbished product exhibitors have set up shop within the marketplace, establishing it as a major hub for refurbished goods at IFA 2023.
This development not only highlights the industry's recognition of the importance of sustainability but also provides resellers and distributors with an opportunity to tap into the growing demand for refurbished products, catering to environmentally conscious consumers.Best-practice in Sustainable Stand Construction
As well as its commitment to sustainability, Reseller Park distinguishes itself through its environmentally friendly and resource-saving approach to the trade show construction. Building practices employed for stands within the zone adhere to the principles of the circular economy, with components and furniture being reused multiple times.
Furthermore, the materials used are predominantly environmentally certified, the carpeting consists of recycled materials, and the graphic walls are made from environmentally certified textile material framed in Aluminum, ensuring their reusability. The utilisation of energy-efficient LED lighting further exemplifies the industry's shift towards reducing its ecological footprint.A Diverse Array of Cutting-Edge Products and Accessories Await
Trade visitors to Reseller Park can expect an exciting and diverse range of equipment and accessories related to CE, SmartHome technology, IT, and mobile devices. Renowned exhibitors from the market will showcase their latest products, providing resellers and distributors with a valuable opportunity to stay at the forefront of industry trends and developments, ultimately fostering growth and driving innovation within the CE ecosystem.
By offering a crucial platform for networking, driving innovation, and promoting sustainable practices, the Reseller Park reflects the resilience and evolution of the CE community.
Visit the Reseller Park @ IFA Berlin 2023: Hall 25 / Stand 150
Read more industry news in the IFA Newsroom
To register for IFA Berlin 2023, click here


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By CRM Staff
Toronto, Ontario — March 5, 2018 — Toyota Canada (TCI) received 16 total awards for retained value between the 2018 Canadian Black Book and ALG Residual Value awards.
“When buying a vehicle, everybody wants to know that they are getting the best value possible – so we’re proud to receive these awards from Canadian Black Book and ALG that demonstrate exactly that,” said Cyril Dimitris, vice president of sales and marketing at Toyota Canada. “Quality, dependability and reliability are built into every model, so Canadians enjoy peace of mind when they purchase a Toyota vehicle.”
For many Canadians, a new vehicle is their first major purchase – and, according to the company, Toyota is committed to helping customers protect their investment by building quality and dependability into every model.
TCI received the following awards from Canadian Black Book (CBB) and ALG:
- Top Overall Brand – Trucks/Crossovers/SUVs (CBB)
- Toyota Tundra – full-size pick-up (CBB and ALG)
- Toyota Tacoma – small pick-up truck (CBB) and midsize pick-up truck (ALG)
- Toyota FJ Cruiser – mid-size SUV (CBB)
- Toyota 4Runner – off-road utility (ALG)
- Toyota Highlander – mid-size utility, 3rd row seating (ALG)
- Toyota Sequoia – full-size utility (ALG)
- Top Overall Brand – Cars (CBB)
- Toyota Prius c – sub-compact car (CBB)
- Toyota Prius v – compact car (CBB)
- Toyota Camry – mid-size car (CBB)
- Toyota Avalon – full-size car (CBB)
- Toyota Sienna – minivan (CBB)
- Luxury Car – Lexus GS (CBB)
The Canadian Black Book Best Retained Value Awards recognize vehicles that retain the highest percentage of their original manufacturers suggested retail price (MSRP) after four years. For 2018, the CBB program analyzed model year 2014 vehicles in 20 different categories, plus three Overall Brand categories. Other winners of this year’s awards included Mercedes-Benz, Lexus, Porsche, Dodge, Chevrolet and Jeep.
The ALG Residual Value Awards recognize vehicles from the 2018 model year that are forecast to retain the highest percentage of their MSRP over the next four years. Other winners other this year’s awards included Subaru, Land Rover, Kia, Dodge, Honda, Mercedes-Benz, Lexus, Genesis, Audi, Porsche and Jeep.


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LOS ANGELES, Calif. – On December 1, 2011, Thai Airways International (THAI) accepted the award as the Best Airline in Southeast Asia at Global Traveler Magazine’s 2011 GT Tested Awards.
For the eighth consecutive year, Global Traveler Magazine conducted its GT Tested Reader Survey, asking frequent business and luxury travelers to name the best in a variety of travel-related categories. More than 36,000 people responded.
“It is a great honor to be given this award and to be recognized by our customers as the Best Airline in Southeast Asia. Our goal is to provide excellent service and to continue to find ways to enhance customer experience,” said Thai Airways’ General Manager, USA, Central and South America, Mr. Sutsveta Svetasobhana.
“We are excited to announce the eighth annual GT Tested Reader Survey award results,” said Francis X. Gallagher, publisher and CEO of Global Traveler. “We received more than 36,000 responses this year, which is staggering. And, our readers know the best; the 2011 winners were truly chosen by the cream of the crop. Congratulations to all the winners. The companies topping our list this year are the very best of the best.”
THAI has an extensive worldwide network, servicing over 70 destinations in 36 countries and five continents. They are the fastest service from the USA to Southeast Asia with daily nonstop flights from Los Angeles to Bangkok. THAI offers exceptional service with quicker connections to destinations within domestic Thailand, Burma, Cambodia, Laos, Vietnam, Malaysia, Brunei, Singapore, and the Philippines.


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Penford 1st-quarter earnings nearly triple on higher sales
Riverside Park expansion plan still in the works
Penford Products, with an industrial starch and ethanol plant in Cedar Rapids, on Wednesday reported first-quarter earnings nearly tripled on higher sales.
Centennial, Colo.-based Penford recorded net income of $1.7 million, or 14 cents per share, for the quarter that ended on Nov. 30, compared with net income of $600,000, or 5 cents per share, in the quarter that ended on Nov. 30, 2011. Consolidated sales increased 4.5 percent to $94.9 million from $90.7 million in the same quarter a year ago.
Industrial revenue increased 4 percent to $67.2 million in the first quarter on growth in industrial starch volumes, as well as contributions from the Carolina Starches business acquired in January 2012. The revenue gain was partially offset by lower ethanol sales, down 28 percent due to weaker pricing and lower volume.
Penford's industrial division shifted more of its production to higher margin starches. Ethanol revenue represented 35 percent of the division's sales in the first quarter, down from 50 percent last year.
Penford's gross margin improved 44 percent to $5.2 million in the first quarter, and operating income rose 87 percnet over the prior year on higher starch sales, lower unit costs and better manufacturing yields. The results were slightly offset by increased investment in research and development, and commercial support for the company’s bioproducts operation.
Penford's food ingredient division posted record quarterly sales of $27.7 million. Revenue gains of 6.7 percent were primarily led by strong sales in protein and sauce markets.
The revenue increase was partially offset by a 3 percent decline in sales of coatings applications, which reflected a pipeline build from a new product introduction in the same quarter a year ago.
During the first quarter, Penford received approval from the Cedar Rapids City Council for an agreement that will permit the company to acquire an 11-acre park adjacent to its plant for future expansion of the Penford’s bioproducts and other operations.The city will retain title to the parcel and will use the site as a park until Penford has a specific expansion plan to present to the city. The council must sign off on the site development plan before Penford will receive the deed to the park.


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Blog: Fears over nanotechnology's new frontiers
Leonie Barrie | 12 February 2008
The concept of socks, ties, sheets, duvet covers and pillow cases which never need to be washed is a compelling one, and not just for those who hate washing or resent spending money on dry cleaning.
According to scientists in Australia and Hong Kong who have developed a self-cleaning coating, the specially-treated garments could be ‘washed’ simply by hanging them on the clothes line, with sunlight breaking down stains and odours. Which would also help reduce the consumption of chemicals, such as detergents and dry-cleaning solvents, water, and energy.
But am I alone in thinking that there still needs to be more research on the possible long-term effects of nano-particles on the human body and their impact on the environment?
There’s a debate raging in the cosmetic industry over the use of nanotechnology and the – as yet unknown – effect the minute particles may have if they enter cells in the human body or leach into the bloodstream. And with so many of the applications for nano-particles in clothing aimed at next-to-skin garments like socks and underwear, I’m sure the same concerns must apply to the clothing industry.
In fact, so worried is the European Commission that it has adopted a voluntary code of conduct in the field of nanotechnology research – its ‘Code of Conduct for Responsible Nanosciences and Nanotechnologies Research – in an attempt to establish some guidelines in this fast-growing but little-understood area.
And last month the Soil Association said cosmetics, food and clothing made with nanoparticles will be banned from carrying the group's organic certification mark.
Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...
With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...
Last week we marked the inauguration of Donald Trump as the 45th president of the United States by taking a closer look at what's at stake for the textile and apparel trade – especially his promises t...
Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...
- China leads US apparel sources with falling prices
- Hard hit Turkish industry is not knocked out
- "Power of the many" drives change at Otto Group
- Vietnam grows share of US apparel imports in 2016
- US apparel sector braces for potential cost hikes
- US Q4 in brief – Foot Locker, Nordstrom, Carter's
- Bangladesh crackdown has cost garment sector $100m
- Adidas and Burberry recognised for sustainability
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022


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Company’s profit up for ninth consecutive year leading to top business award for CEO
Fixed line service provider XLN Telecom’s profit has trebled to £12 million leading to a top award for its chief executive Christian Nellemann (pictured).
XLN’s turnover increased by 50 per cent from £35 million to £54 million last year but was still £6 million below predictions of £60 million that were made nearly one year ago.
Despite the shortfall, the latest posting is consistent trend – XLN has more than doubled its turnover every year for nine years.
In recognition for the constant rise in turnover, Nelleman has been awarded the CrÃ¨me de la CrÃ¨me Business award for outstanding business achievement for his ability to constantly increase company revenue and profits.
The company has over 120,000 customers and over 150,000 connections on its books.
Nellemann told Mobile News last year his company’s success comes down to its targeting of the SME market.
Nellemann said: “When I say we target small businesses, I mean the small business market. You know, the SME market is defined as businesses of between one and 250 employees.
“I don’t consider business with more than 50 to be small businesses. And we target companies with five employees maximum. We have no interest in anything larger.”
CrÃ¨me de la CrÃ¨me joint founder, chief executive and chairman of the judging panel Simon Burgess said: “Christian demonstrates an ability not only to identify substantial new business opportunities, but also to follow through and deliver relentlessly on the initial vision.”
Virgin boss Richard Branson is a previous winner of the award.


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Telus Bringing 5G to Project Arrow Concept EV that’s Backed by Federal Funding
Telus announced on Wednesday it will be the exclusive 5G connectivity partner for Project Arrow, the first fully electric car that’s being designed and built in Canada by Canadians using Canadian suppliers.
The news was shared at the Automotive Parts Manufacturers’ Association (APMA) annual conference in Windsor, Ontario. The Project Arrow concept electric vehicle will start a tour across North America in 2023.
Telus will be the 5G connectivity partner for Project Arrow for the latter’s vehicle telematics, infotainment and driver assistance services.
“This exciting partnership is another achievement in TELUS’ journey to bring superior connectivity to everyone in Canada and enable the next wave of 5G capabilities, such as multi-access edge computing (MEC) and network slicing, further advancing Internet of Things (IoT) and enabling important innovations for businesses and sectors to contribute to a healthier, safer and more sustainable world,” said a Telus spokesperson in a statement to iPhone in Canada.
Project Arrow currently is in Phase 3, its engineering and build phase that is set to be completed by December 2022. In Phase 4, the concept EV will go on a tour in Toronto, Montreal, Detroit, Palo Alto, Las Vegas and San Antonio, with plans to debut at CES 2023.
The car was designed by Carleton University’s School of Industrial Design and the Project Arrow program has received $5 million funded by the federal government, which continues to tout Canada as an investment opportunity for EV automakers.
Telus has committed to using 100 percent renewable energy by 2025 and being net carbon-neutral company-wide by 2030.