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Larry Ellison boasted that Oracle's cloud 'never, ever goes down' days after Amazon's crippling AWS outage
Oraclecofounder Larry Ellisonsubtly dissed Amazonin a recent earnings call.
- The exec said a major client told Oracle the web hosting service "never ever goes down."
Oracle's chairman of the board Larry Ellison said subtly dissed Amazon after an
On a call with investors Thursday, Ellison, the billionaire who cofounded
"We can't say that about any of the other clouds," Ellison said, in reference to the telecommunication client's note. "We think this is a critical differentiator availability."
Ellison's comments come days after a major outage to Amazon Web Services, which left users unable to access Netflix, Disney+, and Ring smart-home systems that store data in AWS. Some Ring users said the outage resulted in stolen packages and disruptions in home security.
Leaked documents reviewed by Insider show Amazon blaming the outage to a sudden burst in traffic that caused congestion across multiple devices at Amazon's biggest region for data centers.
Ellison said while competitors like Amazon build a small number of large data centers, Oracle's strategy is to build a large number of smaller, less expensive data centers. Oracle's strategy improves reliability, Ellison said, because one data center going down will not result in the widespread outage Amazon experienced.
Ellison added Oracle chooses not to have every service Amazon offers to focus on: "We are not going to try to feature match every single thing they do."
Oracle reported a 6% increase in quarterly revenue on Thursday due to continued growth in cloud-computing software systems as more companies shift to remote work during the pandemic. But the company reported a net loss of $1.25 billion compared to last quarter due to a payments in a dispute with former CEO Mark Hurd.
- I took a new job in a remote location after my divorce. There aren't many people to date, but I'm happy staying single.
- Elon Musk hits out at viral videos of DINK couples, saying there's an 'awful morality' to those who choose not to have children
- Married couples often share high blood pressure, study shows
- 8 Irresistible seasonal snacks to warm your winter days
- Vijay Shekhar Sharma says 'Wed in India' is a good idea for its food options
- NCLAT stays CCI penalty on NTPC in Ratnagiri Gas & Power shares issue
- A Japanese Start-Up Is Testing a Rocket Powered Entirely By Rocket Fuel Created From Cow Dung!
- Amazon sues scammers for stealing millions of dollars via fake returns


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Local governments across California will have to disclose a number of details about warehouse projects when they give developers tax breaks of $100,000 or more, under a new law that will take effect Jan. 1.
The mandate is the focus of legislation by Assemblyman Jose Medina, D-Riverside, who has said residents deserve to know precisely what benefits their communities will receive from such projects and how many tax dollars their cities or counties will forfeit.
Gov. Gavin Newsom signed Medina’s Assembly Bill 485 last weekend.
“This is a huge win for California and the Inland Empire,” Medina said in a statement. “If cities are going to spend millions in taxpayer dollars to bring warehouses to our communities, the public should, at the very least, have adequate and up-to-date information about the deals that are struck.”
The legislation was driven in large part by the flurry of warehouse developments that have cropped up in the Inland Empire in recent years, many of which received lucrative incentives to build in a particular community. More could be on the way.
Amazon has opened several logistics centers in the Inland region.
In Moreno Valley, developer developer Iddo Benzeevi and his Highland Fairview firm are planning to build a 40.6-million-square-foot warehouse campus called the World Logistics Center. It would be roughly the size of 40 shopping malls.
Under the law, local governments will have to disclose the number of jobs expected to be created by new projects; break down how many are full-time, part-time or temporary positions; state whether the firm will offer health and pension benefits; and reveal projections for when jobs may be eliminated by automation or artificial intelligence. Warehouse distribution centers will be required to furnish that information to cities and counties.

domain: news


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Apple introduces the best iPad Pro to date, features all-new design, Face ID and more
It’s still a tablet, but a good one.
On Tuesday, Apple introduced two next-generation iPad Pro models during its special event in Brooklyn, New York. The new 2018 11- and 12.9-inch iPad Pro models go on sale beginning today, Oct. 30 with the first shipments being delivered on Wednesday, Nov. 7.
With a design that looks similar to the iPhone X lineup, the new iPad Pro models feature smaller bezels, Face ID, and for the first time, no Home button. Each includes a Liquid Retina display like the one found on the iPhone XR. Inside, you’ll find an A12X Bionic chip with a next-generation Neural Engine.
Instead of Lightning, the 2018 iPad Pros feature a USB-C connection which you can use to charge other devices such as your iPhone or camera.
More about the 2018 iPad Pro
The 2018 iPad Pro models also feature Gigabit-class LTE, and up to 1TB of storage.
Apple also announced two accessories for the new tablets. The $129 second-generation Apple Pencil and all-new Smart Keyboard Folio ($179 for the 11-inch iPad Pro model, $199 for the 12.9-inch variant.)
The 11-inch and 12.9-inch iPad Pro are available in silver and space gray in 64GB, 256GB, 512GB, and 1TB configurations starting at $799.
The most expensive model this year, the 12.9-inch version with Wi-Fi + LTE and 1TB of storage will set you back $1,899.
You can order a new iPad Pro through the Apple website.
This definitely looks like the iPad to get if you can afford it. With Photoshop coming to iPad next year for the first time, this is a no-brainer for professional users. Some gamers might also like what is going on with the new version, but the jury is still out.
Are you planning on buying a new iPad Pro? Let us know in the comments below.
- Apple brings Group FaceTime, Dual SIM and more in new iOS 12.1 update
- After being neglected for years, Apple introduces its new MacBook Air
- Apple’s “family-friendly” version of Netflix is coming to 100+ countries and could feature premium channels


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Dairy Defined Podcast: U.S. Dairy has "Big Wide World" of Trade Opportunity, NMPF's Morris SaysMon, 07 Jun 2021 09:03:13 CDT
– All of agriculture will benefit from U.S. insistence that trade agreements be enforced, even as dairy seeks export opportunities around the globe, says Shawna Morris, NMPF’s Senior Vice President for Trade.
“Having the willingness to be able to go ahead and enforce what's needed when it becomes clear that, that's what's required, we think sets a good tone,” said Morris in a Dairy Defined podcast released today, referring to the U.S. Trade Representative’s recent decision to pursue a dispute settlement over Canadian practices related to the USMCA trade deal.
Meanwhile, even as existing agreements need enforcement, new deals must be pursued, she said. “One of the biggest things that's on our radar is simply the drum beat about the importance of pursuing new market opportunities,” she said. “USMCA is a piece of that. We want to make sure the market opportunities we got in that agreement just last year, we maximize, but it's a big wide world out there.”
The full podcast is here. You can also find the podcast on Apple Podcasts, Spotify and Google Podcasts. Broadcast outlets may use the MP3 file. Please attribute information to NMPF.
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The Private Sector category recognised "a European private sector organisation that has used new or innovative ways to deliver measurable business benefits through the implementation of IT. The winning project will demonstrate more than simply successful use of a new product, but instead show how IT has supported or enabled significant change and improvement for the business."
IASME's information security initiative helps small
and medium-sized enterprises and the supply chain combat criminal activity and
improves trust between online partners. The IASME website also offers non-technical advice to help businesses develop online security
The IASME team were honoured to have been recognised in this category. "We are really delighted by this award" said David Booth, Managing Director of IASME, "We started IASME after finding that there was no practical or affordable way for a small business to demonstrate that they were using best practice in information assurance. This award confirms that the time is right for this initiative."
To find out more about the IASME security standard click here.
To keep up to date with IT industry news and UKITA members in ACTION connect here.
About UK IT Association
The UK IT Association (UKITA) is a not-for-profit business support and Trade Association. It is a member of the Trade Association Forum which was established by the CBI.
UKITA has links with Universities, Further Education colleges and maintains a relationship with the Department of Business, Innovation and Skills.
It also owns and operates the Skillfair consultants and business advisers membership organisation and tender-sourcing service.
UKITA is a founder member and currently holds the presidency of PIN-SME (www.pin-sme.eu) which unites IT SME organisations in other EU countries and speaks for the sector at EU commission level.
For media enquiries, please contact Vitis PR, Ranbir Sahota, Ranbir@vitispr.com, 0121 242 8048


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Orders are up for the Italian spinning mills that showed their fall-winter 2014-15 yarn collections at the Pitti Filati fair in Florence.
— Jul 22, 2013
Christopher Esber is the country's finalist for the 2013-14 edition of the International Woolmark Prize.
— Jul 19, 2013
Designer will be awarded $100,000 toward his next collection and will represent the U.S. in the international competition.
— Jul 9, 2013
The winner, who will receive $100,000 toward their next collection, will be announced tonight at Industria Superstudio in New York.
— Jul 9, 2013
Brothers Sergio and Pier Luigi Loro Piana will continue to helm the firm and maintain 20 percent of shares.
— Jul 8, 2013
Sweater designs from 15 students will be manufactured for Wool Week in October.
— May 22, 2013
The emerging designers from five regions have a chance to win big in 2014.
— May 8, 2013
Stores say fall budgets are up as business improves.
— Apr 17, 2013
Fabrics are all about texture for fall.
— Apr 15, 2013
Exhibitors said moving the Los Angeles International Textile Show earlier cut slightly into ordering.
— Mar 11, 2013
Organizers continue to bank on versatility and high quality to attract buyers.
— Feb 4, 2013
Sabine le Chatelier, deputy fashion director of Première Vision, presented several key themes she felt will be important for spring 2014 fabrics.
— Jan 22, 2013


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Scrubber clarity call at UK parliament
The chairman of the British Ports Association (BPA) has called for ports industry concerns about contamination from open loop scrubbers to be addressed.
Speaking to an audience of MPs, Peers, and industry representatives at the House of Commons Martin Lawlor, who is also chief executive of the Port of Blyth, warned that the ports industry is becoming increasingly concerned about the potential for sediment contamination building up in berths and navigation channels and clarity is now needed on the effects of open loop scrubber use.
“Ports take their environmental responsibilities seriously and with IMO targets ships will have some tough decisions. However we must have a grown up conversation about the implications of the use of open loop scrubbers in ports,” Mr Lawlor said. “There is a concern that such systems could lead to the build up of contaminated sediments which over time could cause a real issue for ports wishing to maintain and develop their operations.”
He also urged a quick Brexit with a “return to stability”, alongside a “relentless focus on ensuring that the business environment is one where businesses can invest and grow, with access to the skills they need”. Additionally, he stressed that ports and shipping are very much part of the solution to climate change and UK decarbonisation challenges.
Harry Theochari, chairman of Maritime UK, also addressed the meeting. Mr Theochari highlighted research for the BPA that found there is GB£1.7bn of port infrastructure investment in the pipeline and called on the government to ensure it does its part by supporting better port connectivity and a better planning system. He went on to say that the industry must capitalise on the increased profile of the sector.
A new industry working group on open loop scrubbers, organised by the BPA and UK Major Ports Group (UKMPG), is taking its concerns about impact on sediment quality to the Department for Transport.
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- Which companies use AWS in India?
- Who is bigger Azure or AWS?
- Which cloud platform is best?
- Is Zoom a Chinese company?
- Does Zoom use the cloud?
- How many customers does AWS have 2019?
- Who is AWS biggest competitor?
- What percentage of companies use AWS?
- Does Apple use AWS?
- How much of the Internet is on AWS?
- Is Zoom making money?
- Is Zoom an AWS customer?
- Does Instagram use AWS?
- Is AWS good for Career?
- What companies use AWS?
- How many employees does AWS have 2020?
- Is Azure better than AWS?
- Does Netflix use AWS?
Which companies use AWS in India?
List of Indian Companies Using AWS Web Hosting Services#Company NameService Used1SnapdealAWS Cloud2InfibeamAWS Cloud3IndiarushAWS Cloud4CraftsvillaAWS Cloud18 more rows•Jun 23, 2018.
Who is bigger Azure or AWS?
Amazon’s AWS and Microsoft’s Azure are the big boys of the cloud computing world, even though AWS is much bigger than Azure. … Well, AWS’s server capacity is about 6 times larger than the next 12 competitors combined.
Which cloud platform is best?
Microsoft Azure. The best cloud services platform. ₹1,280. … Amazon Web Services. The most popular cloud computing service. … Google Cloud. Google’s powerful cloud computing alternative. … IBM Cloud. Reasonably priced cloud services from one of the tech masters. … Oracle Cloud Infrastructure. Another IT behemoth cloud service.
Is Zoom a Chinese company?
Calling Zoom a global multi-national company, Yuan added, “Similar to many multinational technology companies, Zoom has operations and employees in China. And like many multinational technology companies, our offices in China are operated by subsidiaries of the US parent company.
Does Zoom use the cloud?
The deal is a major win for Oracle’s cloud computing business, especially considering Zoom’s newfound ubiquity. As a multicloud operation, Zoom still relies on Amazon Web Services and Microsoft Azure for various computing needs. …
How many customers does AWS have 2019?
Andy Jassy, the SVP of AWS, today said that AWS has passed over 1 million active customers — those being businesses, not individuals. AWS revenues are booming, too: Overall, AWS is now a $7.3 billion business, he said, with the database business alone currently on a $1 billion revenue run rate.
Who is AWS biggest competitor?
Amazon Web Services (AWS) Amazon’s main competitors in the web services sector are Alibaba Group (BABA), Oracle (ORCL), Microsoft (MSFT), International Business Machines Corporation (IBM), and Google (GOOG).
What percentage of companies use AWS?
One company that is leading the cloud market arena is Amazon Web Services (AWS). According to Canalys, AWS dominates the market with 33.8 percent global market share while its closest competitors—Microsoft, Google, and IBM—together account for 30.8 percent of the total market.
Does Apple use AWS?
Apple’s popular and varied online services has made Apple a major client of Amazon Web Services (AWS), with its distributed collection of servers making it ideal infrastructure for Apple’s cloud-based operations to use.
How much of the Internet is on AWS?
As of last year, Amazon Web Services controlled roughly 40 percent of the cloud market, running the backend for Netflix, Pinterest, Slack and dozens of other services with no visible connection to the company.
Is Zoom making money?
The company makes its money from sales of subscriptions to its platform, of which there are four tiers it currently offers. The first is its free tier, which it calls Basic; that one comes with the ability to host up to 100 participants, an unlimited number of meetings and 40 minute limit on group meetings.
Is Zoom an AWS customer?
Essentially, Zoom uses a mixture of AWS, Oracle and its own servers, but Jassy wanted to highlight that most of the capacity was handled by AWS. “The vast majority of Zoom’s cloud infrastructure runs on AWS and will for the foreseeable future,” he said in today’s fireside chat.
Does Instagram use AWS?
Picture-based social media service Instagram has been run entirely on AWS since its inception in 2010. It ran on cloud computing service Amazon EC2, which enabled it to build and run its own software without needing its own servers.
Is AWS good for Career?
Yes, AWS is a good career option for a fresher. In cloud computing, AWS has been on top for almost 6 years now and they are not going to loose their market soon so, AWS is a good option. You have a good point.
What companies use AWS?
According to Intricately, the top ten AWS users based on EC2 monthly spend are:Netflix: $19 million.Twitch: $15 million.LinkedIn: $13 million.Facebook: $11 million.Turner Broadcasting: $10 million.BBC: $9 million.Baidu: $9 million.ESPN: $8 million.More items…•
How many employees does AWS have 2020?
AWS has 25,000 employees and is ranked 6th among it’s top 10 competitors. The top 10 competitors average 103,282.
Is Azure better than AWS?
Azure is 4-12% cheaper than AWS, and it also offers some extra properties which makes it better than AWS. … The following are some important aspects for why Azure is better than AWS. PaaS Capabilities: Both Azure and AWS are similar in offering PaaS capabilities for virtual networking, storage, and machines.
Does Netflix use AWS?
Netflix uses AWS for nearly all its computing and storage needs, including databases, analytics, recommendation engines, video transcoding, and more—hundreds of functions that in total use more than 100,000 server instances on AWS.


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- SARS, Ebola and COVID-19 have tested the world’s ability to deal with outbreaks and pandemics.
- A global pandemic preparedness system needs sustained political will and investment to ensure the global healthcare supply chain can effectively respond to a crisis.
- If we don’t get serious about pandemic preparedness now, millions more lives will be at stake.
It was 20 years ago, when the SARS outbreak exposed key fragilities in the global healthcare supply chain, that people internationally began to talk seriously about pandemic preparedness.
Eight years ago, when the Ebola outbreak proved the world no better prepared to address outbreaks, there was more talk and some action. This included the founding of the Pandemic Supply Chain Network (PSCN), by the World Health Organization, World Economic Forum, World Bank, World Food Programme, US Centers for Disease Control and Prevention, Henry Schein and more than 60 companies. The PSCN was established to make it easier to anticipate and respond to global healthcare supply chain disruptions.
Yet today, nearly three years into the COVID-19 pandemic – the worst global health crisis in a century – many of the same supply-chain fragilities remain. Although partnerships, such as the PSCN, and national efforts somewhat blunted the severity of supply chain disruptions during the pandemic, the effort to develop a global pandemic preparedness system has yet to garner the sustained political will and investment needed to ensure that the global healthcare supply chain can effectively respond to a crisis.
3. Improved stockpiles and inventory management
In addition to enhancing stockpiles of personal protective equipment (PPE) at the local, regional and national levels, we must manage inventory more intelligently – from cycling inventory to deal with product expiry to coordinating and harmonising responses across jurisdictions.
4. Platforms for data sharing and enhanced transparency
Through the globally-focused PSCN and various national efforts, including the US Supply Chain Control Tower, Henry Schein has been working across sectors to support the creation of market intelligence platforms that enable the appropriate sharing of real-time supply chain data. While progress has been made, encouraging responsible information sharing across public and private partners requires significant additional funding.
5. Fostering the free flow of goods
Over the past three years, government restrictions on exports played a significant role in exacerbating product distribution shortages. While the desire of governments to protect their populations in times of crisis is understandable, international cooperation to allow the free flow of key products lessens the risk of panic buying, hoarding and, ultimately, viral spread.
6. Coordinated early-warning system for outbreaks
Detecting the next outbreak early is essential to mitigating its impact, protecting global healthcare supply chains and saving lives. Strengthening our global surveillance capacity requires significant investment and better coordination across governments, international organizations and the private sector.
7. Strengthened health systems and better primary care
As Dr. Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, famously said: “Universal health coverage and health emergencies are cousins — two sides of the same coin.” Major and sustained investment is needed if we are to reap the benefits of expanded access to care.
Let’s conclude with another number: one. This is the number of viruses it could take to shut down our world again. If ever there was an issue to unite us – one for which we all share the same risk – pandemic preparedness is it. If we don’t get serious now, millions more lives are surely at stake.


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By Alison A. Nieder | April 7, 2016
Booth space was sold out at the April 3–5 run of Fashion Market Northern California, which is held at the San Mateo Event Center in San Mateo, Calif., and attendance was on par with last April, according to Suzanne de Groot, executive director of the show.
Buyers crowded the aisles at the Oct. 12–14 run of Designers and Agents at The New Mart, which saw an expanded mix of returning and new exhibitors.
This season, lifestyle trade show Coeur moved to the Alexandria Ballrooms for its Oct. 12–14 run.
Athletic wear, yoga wear and swimwear were front and center at the third Shape show, organized by the California Market Center on the building’s 13th floor.
Unseasonably high temperatures and unusually high humidity greeted buyers and exhibitors attending the recent Spring 2016 Los Angeles Fashion Market, which ran Oct. 12–15 in downtown Los Angeles.
Traffic was reportedly varied at the Oct. 5–7 run of the Los Angeles Majors Market at the California Market Center. The show is focused on a wide array of product aimed at department stores and chain retailers.
Chris Walia had the tables turned on him at Factory Direct, a trade show for technology and sourcing for startups and small businesses.
The layout during the Sept. 28–30 run of the Los Angeles International Textile Show continued to evolve since the California Market Center debuted a newly renovated part of the 13th-floor A-wing last season that eliminated enclosed suites to make room for more open-format booths.
The September run of the Surf Expo trade show has always been smaller than the show’s January edition, but for exhibitors and attendees of the recent Sept. 10–12 show, the fall edition is a good indicator of what’s to come.
Coeur, the bicoastal accessories and lifestyle show, is moving its Los Angeles show to the Alexandria Ballrooms in downtown LA for its Oct. 12–14 run.
The worlds of fashion and technology merged at the launch of Melange Live, a conference that explored new developments in e-commerce, mobile/digital payments, brand building using social media and new innovations in wearable technology.
The Los Angeles International Textile Show is adding a number of international resources for its Fall/Winter 2016/2017 edition, which takes place in the penthouse of the California Market Center Sept. 28–30.
Urban Expositions, the trade-show organizer that recently acquired the WomensWear in Nevada event, revealed that a majority share of its venture was acquired by Clarion Events, a nearly 70-year-old enterprise based in London.
Los Angeles has had a scarcity of big bridal shows for store owners until last year when New York–based The Knot launched its Couture: Los Angeles Bridal Market with scores of exhibitors showing everything frilly and lacy.
With e-commerce, m-commerce and a new trend in wearable technology, fashion has embraced business models invested in the digital world.
Agenda trade show announced Sept. 1 that it will move the location for its Winter East Coast show from New York to Miami, Fl.


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It has underperformed by 9.47% the S&P500. Since August 11, 2017, it had 0 buys, and 1 sale for $1.21 million activity. Overall, Activision-Blizzard players spent almost an hour each day in ATVI games proving, as the report states, that it is "in line with some of the most engaging online connected platforms in the world".
Google is trying grew its own advancements before anybody else does - particularly Amazon . Thankfully Google made the decision to combine the software teams of the two companies back in December 2016, which led to Android Things. Amazon and Apple represent primary threats to Google's smart devices. Google has gained much from this deal, and Osterloh has said it himself, "These new colleagues bring decades of experience achieving a series of "firsts" particularly in the smartphone ...
ASICs are processors that have been specially designed for a single computational task, as opposed to the multi-purpose processors we use in computers and phones. Samsung's existing chip products, which consist of high-capacity memory chips for GPUs, reportedly accounted for more than 60 percent of its 2017 operating revenue.
FCA previously supplied Waymo with 600 Pacifica Hybrid minivans , all rigged out for self-driving. The latest model 2018 Chrysler Pacifica hybrid minivan starts at around $40,000. Waymo announced it was in discussions with Honda in late 2016 but hasn't shared any partnership details. Back in October 2017, Waymo conducted the first public road tests with no one in the driver's seat in the Phoenix suburb of Chandler.
Market leaders Amazon .com Inc. and Alphabet Inc . continued to sell Echo and Google Home devices during the holidays, while Apple worked on a rival product it said wasn't ready for sale. But like we said, the HomePod is pretty expensive if you factor in speakers offered by other tech companies. To answer the question mentioned at the article's outset, it's highly unlikely the HomePod will be a failure.
If the banner is any indication, they should appear sometime in the near future, perhaps as early as this week. 9to5Google reports that a banner seems to have shown up for users using the mobile Google Play app and the desktop version.
The Premium and Performance Packages of the Mustang GT are included in the new Bullitt . Steve McQueen graduated from Boys Republic in 1946 before becoming a successful actor starring in the movie " Bullitt ", about troubled police detective Frank Bullitt , who also "made it".
Nintendo Switch is the latest console/handheld hybrid from Nintendo that has proven to be a smash hit for them. Over the holiday season, shoppers purchased 1.5M Nintendo Switch systems during the five-week reporting period of December. Nintendo had six games in the top 16 of the sales chart for December, including Super Mario Odyssey at number three and Mario Kart 8 Deluxe coming in the fourth slot.
The positive side of Facebook's changes could be a boost for influencers who genuinely are sparking debate: who have interesting things to say and an engaged community of fans discussing them. "We think that we're now slightly overvaluing how much time people spend on our platform and undervaluing how many meaningful interactions they have with other people", said Mosseri, who oversees News Feed .
Also, remember the Motorola Atrix Lapdock ? Hit up the project's official web page for more information. You can also connect a wireless or wired mouse to the device for full Android gaming. In some games, the Razer Phone's display could act as a second display for managing your character's gear and options. Project Linda features a built-in power bank that quickly charges the Razer Phone while docked.
BFGD (Big Formate Gaming Display) is becoming standard for gaming displays now. The displays which are primarily aimed at gamers have 120Hz refresh rates, a peak brightness of 1,000 nits, full-array backlighting, and full DCI-P3 color gamut support.
With a body built from light, but durable, magnesium alloy, the 13-inch Notebook 9 Pen is incredibly light, weighing in at just 2.2 pounds. No pricing has been revealed yet, but it will be available in the U.S. On the connectivity front, the Samsung Notebook 7 Spin (2018 ) supports one USB Type-C port, one USB 3.0 port, one USB 2.0 port, one HMDI port and HP/mic port.
With Google Pay , the company ensures their Android users the easiest method of money sending, receiving, paying out with saved information on their Google accounts. Today, we're excited to announce we'll be bringing together all the different ways to pay with Google , including Android Pay and Google Wallet, into a single brand: Google Pay.
The GH variant has 24 compute units and can be clocked up to 4.2GHz, while the GL variant packs 20 compute units and can be clocked up to 4.1GHz for the i7 model and 3.8GHz for the i5. At first, there will be five SKUs - four went for customers and one with vPro. The company is apparently telling people that the custom Radeon RX Vega M can match the gaming performance of a GeForce GTX 1060 Max-Q.
After detaining the man, Houston police found an AR-15, a shot gun, a handgun, and a boatload of ammunition. They also found other weapons in his pickup truck. Police are waiting to interview the man until he has sobered up, Macintosh said. Acevedo said on Twitter earlier Sunday that the situation was "contained" and there were no specific threats to Houston .
Managerless Swansea City remained bottom of the Premier League despite salvaging a point against a resurgent Crystal Palace thanks to a spectacular equaliser from substitute Jordan Ayew . But, with 12 minutes left, Ayew struck with a viciously swerving effort from 20 yards to give Swansea just an eighth point from 10 home Premier League games this season, leaving them four points adrift of safety.
A lot of people speculated that Samsung is going to be that brand because it faced a lot of heat a year ago for the awkward placement of fingerprint sensor on the Galaxy S8 and S8 Plus . From the smartphone makers' point of view, it would solve a few problems for them, since the new normal of the infinity or full screen display becomes easier to provision on the front of their devices and the general sense is that the location of the fingerprint sensor in the rear panel was not quite a ...
The depressing list starts with storm searchers for Hurricane Irma , the first Category 5 hurricane of the season that blew through the U.S.in late August causing catastrophic damage particularly in Florida, the northeastern part of the Caribbean, the Carolinas and Georgia and killing more than 100 victims.
Once you get the Google Assistant , creating a shortcut to it's as easy as opting in - you'll see an Assistant app icon in your device's app drawer. Google's decision to expand the Assistant on older Android versions follows Amazon's roll out of Alexa in new markets just last week. Recently, Google has added over 50 new games, activities, and stories to the Google Assistant on the smartphones and its home page.
The kit - now available to download - has three components: a quantum programming language Q#, local and Azure hosted quantum simulators and a GitHub library of quantum focused code. The company is bullish on its effort to build a useable quantum computer; earlier this year announcing a multi-year, multi-million dollar partnership with the University of Sydney as part of an ongoing global ramp-up of research.
The original game is also available as a PSOne Classic on PS3. With PlayStation Experience happening right this moment, Sony isn't limiting the festivities to attendees as the company is giving away free PS4 dynamic themes and avatars! You can also choose the PlayStation VR DOOM VFR Bundle ($299) which includes the PS VR headset, a PlayStation Camera, a copy of Doom VFR and the new PS VR demo disc.
Amazon Prime Video is one of the most eagerly anticipated apps to come to Apple TV, so we're excited to bring all of that great content to customers. Features of the new app include the ability to add videos to Your Watchlist (viewable on compatible devices), and next episode Auto Play while streaming series .
Bungie recently performed some maintenance on the game's servers, but more downtime is scheduled for tomorrow, which is typical on launch day. We'll be walking you through all of these in great detail, just as soon as we experience them for ourselves.
As you can see, Mega Man 11 is ditching the retro pixel art of the series' last two entries, in favor of a polygonal 2.5D approach. More details on Mega Man 11 are set to be revealed in summer 2018 - likely at or near E3 - but the trailer above provides an early glimpse at the look, stages, weapons, and enemies the game will be bringing.
Google recently detailed a new process that it implemented to predict the battery life of Pixel phones with the help of deep learning technology . For instance, if the phone user consumes 10% percent battery life per hour for a past few hours, the device would just assume, the owner will consume that much power every hour and adjust battery life expectancy accordingly.
Instead of being available in December, it will ship early next year, the company told CNN Tech. It's not clear whether this is an issue with software, hardware, or production, but a delay is a delay. "We'll start shipping in the US, UK and Australia in early 2018", Apple said in a statement. They can play music, spit out trivia, manage shopping lists and put things on your calendar.
Black Friday 2017 and Cyber Monday is coming soon, but many retailers are already launching their best deals in a bid to get ahead of the competition. As we examined the 2017 Walmart Black Friday ad, we found five items that stand out as bad buys this year. "This year we have hundreds of small businesses from our Marketplace offering great deals on their unique and creative products , making it even easier to find flawless gifts with our Black Friday sale".
When it comes to specs, the Amazon Fire TV Stick is equipped with HDMI connectivity, 1GB RAM, a quad-core processor, and 8GB onboard storage. Not long after releasing the original Amazon Fire TV as a small set-top box, Amazon shrunk its player down into stick form.
A combined company would have had more than 130 million US subscribers, behind Verizon Communications Inc (N:) and AT&T Inc (NYSE:). However, we have agreed that it is best to move forward on our own. The company has also badgered rivals with its unlimited data plans. Both companies may have to sort that out sooner rather than later. Reports suggest that a major hurdle to the merger wasn't Sprint or T-Mobile directly, but rather the their ownership.
The company said Monday it logged a 51.5 billion yen ($456 million) net profit in the fiscal first half-year. In addition to selling over 7.63 million consoles, Nintendo have also revealed that 27.48 million Switch games have been sold.
The hardest part will be deciding between Cool Ranch, Nacho Cheese and Fiery. Cameron Maybin's stolen base in the 11th inning of Game 2 of the World Series was quickly overshadowed by George Springer's go-ahead home run later in the at-bat.
The new feature would purportedly allow users to add multiple contacts to the same call. The 2.17.70 iOS update has very hidden references to group calls! This is a fast article to inform you about a new internal WhatsApp project to implement in the next updates.
Apple (NASDAQ: AAPL ) last announced its quarterly earnings results on Tuesday, August 1st. Once the iPhone X comes out in the market there will surely be a massive surge in sales which will once more prove that Apple is the best high tech firm in the world.
Solid earnings and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year. The dollar climbed higher, tracking higher U.S. The S&P 500 decreased 7.58 points, or 0.30 percent, to 2,553.68. Biogen rose $8.799, or 2.6 percent, to $344.47, while Anthem rose $3.50, or 1.9 percent, to $187.26.
From there, the hacker can spy on incoming and outgoing internet traffic and infect websites with malware or ransomware. The researcher named Mathy Vanhoef discovered serious vulnerabilities in WPA2, a protocol that secures all modern protected Wi-Fi networks.
From the wired version, Oculus now has a wireless pair in the form of Oculus GO . Oculus Go UK release date: When's it coming out? Facebook didn't provide any details on how the Oculus Go will work, but said it will include built-in headphones for audio and have a LCD display .
One of the biggest changes with the new app is that you can now customize your experience by selecting topics that interest you most. Google introduced the "Made by Google " branding a year ago, alongside the Pixel and other products.
Playful, mischievous, and quick on his feet in more ways than one, the world's fastest hedgehog is known for his ability to move at supersonic speed to protect his friends from their enemies. The movie will blur live-action and CGI animation together to create a hybrid experience. The film's director, Jeff Fowler's , IMDb page is light on credits.
Warren hasn't pitched for NY since September 1. Chad Bettis picked up his second win since returning from testicular cancer, holding the NL West champs to one run over seven innings and retiring his last 14 batters. Kennedy (5-13), who was 0-9 with a 6.13 ERA in 18 home starts since an August 20, 2016, victory over Minnesota, threw 86 pitches in five innings. The victor would get the division title and the loser relegated to the one-game wildcard against the Minnesota Twins .


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For decades its reputation was as the preserve of period-drama film crews and genteel retirees. But the city’s endless Georgian loveliness — even the golden-stone new-builds are attractive — and ever-improving shopping and eateries means bijou Bath has a new buzz about it.
This centrally located, grade II listed 1817 villa, once the home of ethical beauty queen and Body Shop founder Anita Roddick, has 6,640 sq ft of living space, with its original tiled and wood flooring, seven bedrooms and an outdoor swimming pool. There are views over neighbouring National Trust land. 07458 087293, struttandparker.com
The world’s biggest arts festival has kicked off — though accommodation prices in the centre of what is now one of the world’s most sought-after cities may…


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Homebuyers get your preapprovals up to date and get your Realtor ready. As Anthony mentioned in his recent market update video, the best time to buy is just about here. The second wave of inventory for the year is about to hit the market but what makes this wave better than the spring wave is the fact that there are fewer buyers out there competing for the home you want.
Take a look at the graph below. Spring sellers have been enjoying themselves because there have been fewer homes on the market competing for a buyer’s attention. The white line represents this, showing a lower inventory than we’ve seen in years. But what’s about to happen is the trend line is about to spike up. An increase in inventory means more homes for current buyers to choose from. The red circle is the trajectory for inventory this year so that bump is where it becomes a buyer’s market.
Fewer buyers competing for this second boom in inventory means that sellers have to be prepared for fall sales and potentially offer buyers more of what they want to make the sale. That may mean a quicker or longer closing or a lower sale price than a seller would have achieved in spring.
As you can see in the graph above, the beginning of October is always higher in inventory than the end of August, but last year was much higher. This is a common trend year after year despite the market.
Not only is the market about to swing into the buyer’s favor, but interest rates have been gliding buyers into a premier position as they’re the lowest we’ve seen in well over a year. Interest rates took an unexpected turn in the spring when they decreased instead of spiking like popular predictions at the beginning of the year and buyers have benefited ever since. As you can see the graph below, rate trends are diminishing as the year progresses.
With rates at the level they’re at, buyers have even more money to spend on a home. It costs less to obtain a mortgage with lower rates, so in the fall buyers not only have more negotiating power but this fall they can afford more of a home.
Buyers should get themselves ready to hit the ground running right after Labor Day. The amount of homes listed on the market is going to increase significantly giving buyers the one thing they always want no matter what time of year it is: a big selection. And with less expensive mortgages due to lower interest rates, there’s never been a better time to buy in recent years!


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Krishnapatnam: The Krishnapatnam Port Container Terminal (KPCT), in association with Container Corporation of India (CONCOR), on Thursday announced the launch of the Bengaluru-KPCT Train Service, which will commence from June 19.
The train service will ply between Whitefield Depot (WFD) in Bengaluru and the port directly, and is aimed at catering to the needs of businesses in and around Bengaluru, primarily heavy cargoes such as granite, gherkins, coffee and machinery, among others, which face regulatory issues due to weight restrictions on road transport.
According to KPCT Executive Director Sriram Ravi Chander, the train, which will depart WFD every Friday evening, will enable traders to complete custom-related documentation during five days of the week and use the weekend to get the goods transported from Bengaluru and loaded onto the ships.
The train will return on Sundays from the port carrying imported goods and deliver them by Monday at Bengaluru. The service has a maximum carrying capacity of 90 containers, each way, and will reduce transportation time from 24-48 hours taken on the road, to just 18 hours.
“The train service will help customers save between $100 million and $150 million per cargo container and also eliminate the chances of pilferage which has been a major issue for businesses,” Chander said.
Unlike road transport, which involves multiple examinations even after taking prior customs clearance of the containers, the train can directly enter the port without any further examination, benefitting customers.


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Capital goods in negative zone: ASSOCHAM
New Delhi, Mar 12 : While the Industrial growth for January is being seen as better than expected, the Associated Chambers of Commerce and Industry of India (ASSOCHAM), one of the apex trade associations of India, on Tuesday said its reading is that the Indian industry is still not out of the woods.
"The capital goods sector, a key reflection of an investment scenario, is still in the negative zone though the extent of damage seems to have been contained at minus 1.8 per cent against minus 2.7 per cent in January last fiscal," said ASSOCHAM.
Consumer durables are still in trouble with a negative trend prevailing indicating a link between high interest rates and the demand depression. Though here also, the damage seems to have been checked somewhat because the minus trend has improved from (-) 7.5 per cent in January, 2012 to (-) 0.9 in January this year, the chamber said.
As many as 11 out of the 22 industry groups have shown positive trend, but the concern is that at least half of the industrial sub-groups are still battling. Under these circumstances, it can only be said with some positive bias that the worst seems to have been over.
But the industry needs a lifeline in terms of demand regeneration which will have to come from the Reserve bank of India through policy interest rate cuts, said the ASSOCHAM.
"ASSOCHAM will urge the RBI (Reserve Bank of India) not to get too much influenced by the Consumer Price Index (CPI) released today as the high CPI is a function of high food prices which are not influenced by credit supply. On the other hand, several segments like the automobile - commercial vehicles, cars, are bleeding," chamber President Rajkumar Dhoot said.
The CPI numbers are not the core inflation which is on a downward trajectory in term of wholesale price index, he said.
India's industrial production for January 2013 rose by 2.4 percent from a year earlier, according to the Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 on Tuesday.
The General Index for the month of January 2013 stands at 181.8, which is 2.4% higher as compared to the level in the month of January 2012. The cumulative growth for the period April-January 2012-13 over the corresponding period of the previous year stands at 1.0%.
The data have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 16 source agencies.
The Indices of Industrial Production for the Mining, Manufacturing and Electricitysectors for the month of January 2013 stand at 134.0, 193.7 and 160.7 respectively, with the corresponding growth rates of (-) 2.9%, 2.7% and 6.4% as compared to January 2013. The cumulative growth in the three sectors during April-January 2012-13 over the corresponding period of 2011-12 has been (-) 1.9%, 0.9% and 4.7% respectively.
In terms of industries, 11 out of the 22 industry groups (as per2-digit NIC-2004) in the manufacturing sector have shown positive growth during the month of January 2013 as compared to the corresponding month of the previous year.
The industry group 'Electrical machinery and apparatus n.e.c.' has shown the highest positive growth of 46.7%, followed by 19.8% in 'Tobacco Products' and 18.1% in 'Wearing apparel; dressing and dyeing of fur'. On the other hand, the industry group 'Medical, precision & optical instruments, watches and clocks' has shown a negative growth of 24.5% followed by 22.8% in 'Publishing, printing and reproduction of recorded media' and 16.5% in 'Wood and products of wood and corkexcept furniture; articles of straw and planting materials'.
As per Use-based classification, the growth rates in January 2013 over January 2012 are 3.4% in Basic goods, (-) 1.8% in Capital goods and 2.0% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of (-) 0.9% and 5.3% respectively, with the overall growth in Consumer goods being 2.8%.
Some of the important items showing high positive growth during the current monthover the same month in previous year include 'Leather Garments' (73.0%), 'Antibioticsand its preparations' (18.8%), 'Vitamins' (100.7%), 'Carbon Steel' (25.3%), 'CR Sheets' (62.4%), 'Pressure Cooker' (29.5%) 'Air Conditioner (Room)' (31.6%), 'Conductor, Aluminium' (71.3%) and 'Cable, Rubber Insulated' (140.1%).
Some of the other important items showing high negative growth are: 'Block Board' [(-) 24.5%], 'Newspapers' [(-) 23.1%], 'Polythene Bags including Hdpe & Ldpe Bags' [(-) 44.9%] 'Grinding wheels' [(-) 34.8%], 'Boilers' [(-) 19.1%], 'Stampings & Forgings' [(-) 23.9%], 'Heat Exchangers [(-) 36.8%], 'Earth Moving Machinery' [(-) 22.3%], Plastic Machinery including moulding machinery' [(-) 27.5%], 'Commercial Vehicles' [(-) 17.9%] and 'Gems and Jewellery' [(-) 14.8%].


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- Real Estate
- Food & Drink
Dec. 27, 2019
This paid piece is sponsored by the South Dakota Retailers Association.
This year, as you plan your end-of-year giving, protect yourself against illegitimate requests. South Dakota is seeing a spike in gift card scams, following national trends.
According to the Federal Trade Commission, con artists favor gift cards because they can get quick cash, the transaction is largely irreversible, and they can remain anonymous.
“We want to make sure our members and all South Dakota businesses are looking out for threats to their bottom lines,” said South Dakota Retailers Association executive director Nathan Sanderson. “So much communication happens over emails and text messages that it is becoming easier for these unlawful acts to take place.”
Jody Gillaspie, director of South Dakota’s Consumer Protection Division, highlights three recent gift card scams her office has dealt with.
In this scenario, a company’s bookkeeper receives an email that appears to come from the boss with instructions to purchase 20 gift cards that the boss plans to give to a group of outstanding employees. After buying them, the financial person is told, “Please code this to Administration, and email me the gift card numbers for tracking purposes.” It sounds legitimate, but in reality, the email comes from a scammer. More than one South Dakota company has been the victim of this scam.
Gillaspie offers some simple advice. “If you’re getting an email from the administration asking you to purchase gift cards for employees or for a worthy cause, simply stepping out of the office and talking with that individual to make sure it’s on the up and up will save your company and yourself a lot of agonies.”
Businesses and individuals are receiving calls that are purportedly from the IRS or another government agency, demanding immediate payment with a gift card. The caller pressures the person to buy a gift card and confirm it by reading the numbers on the back of the card.
“The rule of thumb,” Gillaspie said, “is no reputable company nor the IRS or any government agency is ever going to demand gift cards for payment.”
Church members receive an appeal via email or text asking them to purchase gift cards for a worthy cause. The parishioners are asked to buy cards and email or text the gift card numbers so the church has confirmation. A good number of South Dakotans who received this message did as asked only to find out their church’s system had been hacked and the messages actually had come from scammers who ended up with the money from the gift cards.
“Picking up the phone and just making a simple phone call to double-check can save you a lot of time and loss,” Gillaspie said.
She noted that in some cases hackers have gained access to business email systems, which in turn gives them access to online calendars for that company. They know when certain key people will be out of the office and target the company with scam emails during those periods.
“The first step to protecting your business is educating yourself; the next step is educating your employees,” Sanderson said. “SDRA works hard to provide informational materials to businesses so they know the dangers and how to prevent scams in their stores.”
Businesses are encouraged to alert their employees to the potential for fraudulent emails and calls, and to always make sure you know with whom you’re dealing.
Do you think you may have been the victim of a scam? Contact the South Dakota Consumer Protection Division at 800-300-1986.
South Dakota is seeing a spike in gift card scams, following national trends. Take a look at how some have been victimized, so it doesn’t happen to you or your business.


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Tesla Short Sellers Have Lost 27b Betting Against Elon
Short sellers are betting against alibaba and apple, too electric vehicle kingpin tesla is still by far the most shorted us listed stock on the market. s3 partners calculated there’s $23.4 billion worth of tesla stock (tsla) currently shorted, which works out to be nearly 7.5% of the total number of shares in circulation. Elon musk's net worth increased by more than $100 billion in 2020. his loudest critics, aka investors who have shorted tesla stock on the assumption the share price would go down, lost a record. Data from august compiled by s3 partners showed that tesla short sellers lost more than $25 billion combined betting against musk and his cars in 2020. tesla’s stock is up almost 20 percent. Tesla short sellers lost $8.5 billion in november alone, as the company's shares climbed 46% in the month. who became famous as the focus of the book "the big short" thanks to his bet against. In 2020 alone, tesla short sellers lost $40 billion as the company’s shares surged. those who bet against tesla on the advice of the faz should then be prepared for the risks of such a decision.
1 480 000 000 Lost Betting Against Tesla Stock Elon
Tesla short sellers lost $40 billion in 2020. elon musk made more than triple that lost a record $40.1 billion betting against which in itself was a factor that helped drive tesla shares. Tesla ceo elon musk can declare 2020 a victory in his long battle against short sellers. critics who placed bets against the electric automaker's success lost over $38 billion as its market value rose by over 730 percent during the year, catapulting musk into second place on the list of the world's wealthiest people behind amazon ceo jeff bezos. Reuters. short sellers betting against tesla's stock have lost more than $39 billion in 2020, according to data compiled by s3 partners.; tesla, which remains the most shorted stock in the market.
Tesla Short Sellers Lost 40 Billion In 2020 Elon Musk
Tesla Short Sellers Are In Huge Trouble


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Primark owner Associated British Foods has issued a third quarter trading update, in which it said trading in the 36 weeks to 28 May was 'in line with expectations', while its outlook for the year remains 'unchanged'.
The group has also announced plans to trial a much-anticipated click and collect scheme. Here's how leading industry analysts viewed its performance.
Russ Mould, AJ Bell
“The big takeaway from Associated British Foods’ latest update is the news that its retail chain Primark is trialling a click and collect service.
“Primark has long been a bit of an outlier on the high street for having no online transactional services. Its argument has always been that the economics of online deliveries and returns wouldn’t stack up at its price point and for its product range.
“Given the big costs facing web-only retail at present, this argument carries more weight than ever. Primark has also relied on lots of impulse purchases in store which might be difficult to replicate online. But click and collect, which is being trialled on children’s wares in the North-West, could be a useful halfway house for the business.
“Like all value-based consumer facing propositions, Primark faces the challenge of dealing with mounting costs while not losing its credentials on affordability with customers. Its scale is helping in terms of tackling this challenge and assuming it can sustain this, the brand could enjoy market share gains as shoppers trade down.
“Another thing which makes Associated British Foods stand out is its conglomerate structure. However, a diversified business has served it well during the pandemic and through reopening as the importance of its food, ingredients and grocery business has come to the fore. This is particularly the case at present thanks to the disruption to global food supplies caused by the war in Ukraine.”
Barclays European Food Retail Equity Research
"Primark will start a Click and Collect trial in 25 stores in NW England around November and will focus the trial on the key kidswear segment. In our view this is a significant move, not just a toe in the water because it will be adding a lot more items with up to 40% exclusive ranges for Click and Collect and because there will be a dedicated Click and Collect distribution centre. It will be also be a very different proposition for its customers.
"We would expect the trial to drive higher footfall and deliver incremental sales from existing and new customers whilst minimising substitution sales. Click and Click margins are lower but sales should be at higher average selling price (ASP) because for the first time it will be able to sell items such as baby cots which are not currently sold in stores due to space constraints. If successful, a wider rollout is possible next year. Capex costs will be in 'tens of millions' for the trial with very modest P&L costs. We are not changing our Primark forecasts for this.
"Q3 Primark LFL of -9% is below our estimate of -7%, still held back by Europe down -15%. The good news is exit LFLs and current trading is encouraging. In recent weeks UK LFLs are positive and Europe LFLs down high HSD. We expect Q4 LFL of -5% with UK flat and Europe down 10% UK trading is strong and flagship stores are coming back with the return of tourists. Europe is taking longer to shrug off the impact of Covid on footfall and consumer confidence."
Clive Black, Shore Capital
"With the group’s management stating that its performance is in-line with expectations and no change to its outlook, we see this as a good update, upon which we are not changing our FY22 financial forecasts, and we would not expect much wider market movement around estimates.
"Interestingly, the online channel has, in this present down economic cycle, proved to be especially weak in the face of shoppers' evolving behaviour in the UK in particular, leading to notable warnings, most recently from Asos in the UK. As such, stores are proving to be much more resilient than we would have expected only at the turn of the year.
"Hence, Primark's pure online offer is not presently as strategically out of favour as some previously believed and presently may suggest, noting that on a same product basis it has value credentials that remain very high indeed."
© 2022 European Supermarket Magazine – your source for the latest Retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine.


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Love feeds on junk food
third of the young people admit they turn to food when they are unhappy
about their love lives, according to a new survey.
The Priory Group, which
treats people with eating disorders, questioned 1,000 people, and found
those aged 15 to 24 had the worst relation with food. Just over 60 per
cent said they comfort eat with chocolate and 43 per cent with fast
food, which experts say raises concerns over their general eating
Specialists warn that a
reliance on comfort foods can lead to eating disorders. When someone
uses food to try and control their feelings, it can be physically and
Dr Peter Rowan, a
consultant psychiatrist with the Priory Group, said: "These young
adults, who will be raising the next generation, will pass their
attitudes to food on to their children. "If the current trends are
continued, eating behaviour will become progressively more detached from
food and health needs, and the number of young people with eating
disorders will continue to rise."
The study found 52 per
cent of adults admit to gorging on chocolate when they felt down, and
another 25 per cent turned to junk food.
However, 63 per cent
said they felt less attractive when they felt overweight, and 74 per
cent felt better about themselves when they ate healthily.
Dr Rowan said, "These people are
desperate to fill the void created by loneliness, low self- esteem,
depression and insecurity. — ANI


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While the pandemic might have slowed the many businesses, it accelerated the growth of India's richest man Mukesh Ambani's wealth. After making it to the list of top 10 in the Hurun Global Rich List 2021, the tycoon has secured 10th position globally and number one in India as the richest person on the Forbes Billionaire List 2021.
Interestingly, it wasn't just the shares of Reliance Industries that rose more than 85% over the last 12 months, bringing his net worth to $84.5 billion (Rs 6.2 lakh crore) but also his cricket team -Mumbai Indians that made him lead the list of Richest Sports Team Owners 2021.
Meet Mukesh Ambani and 9 other richest sports team owners in the world
1. Mukesh Ambani
With cricket team Mumbai Indians winning the Indian Premier League for the second year consecutively and Mukesh Ambani doubling his net worth, it doesn't come as a surprise to see him on the top of the Richest Sports Team Owners 2021 list. Ambani has a net worth of $84.5 Billion.
Sports Team: MUMBAI INDIANS
Net Worth: $84.5 Billion (Rs 6.2 lakh crore)
2. Steve Ballmer
Former Microsoft CEO Steve Ballmer, who owns Los Angeles Clippers basketball team was No. 1 on this list last year. Though the net worth of Ballmer has grown from $52.7 billion to $68.7 billion, he lost the first position to Mukesh Ambani whose wealth surpassed his.
Sports Team: Los Angeles Clippers
Net Worth: $68.7 Billion (5.1 lakh crore)
3. Daniel Gilbert
The Billionaire Daniel Gilbert saw a massive escalation in his fortune with a nearly 700% increase. The mortgage tycoon and owner of the NBA’s Cleveland Cavaliers has a net worth of $51.9 billion. He owes the boost in his fortunes to the company he co-founded in 1985 - Quicken Loan, the largest mortgage lender in the United States. Gilbert is also named among the richest billionaires in the world.
Sports Team: Cleveland Cavaliers
Net Worth: $51.9 Billion (Rs 3.8 lakh crore)
4. François Pinault & Family
The wealth of luxury goods king François Pinault at Kering, who owns brands like Saint Laurent, Alexander McQueen and Gucci, rose from $15.3 billion to $42.3 billion. Pinault is fourth on the list and owns a football Club Stade Rennais FC.
Sports Team: STADE RENNAIS FC
Net Worth: $42.3 Billion (Rs 3.1 lakh crore)
5. Dietrich Mateschitz
The fifth on the list is Austrian businessman Dietrich Mateschitz who is the co-founder and 49% owner of the Red Bull energy drink company. He owns New York Red Bulls and Red Bull Racing. His fortune increased by 63%, bringing his net worth to $26.9 billion.
Sports Team: New York Red Bulls and Red Bull Racing
Net Worth: $26.9 Billion (Rs 1.9 lakh crore)
6. Robert Pera
Founder of Ubiquiti Networks, Inc. a global communications technology company Robert Pera owns the basketball team Memphis Grizzlies.
Sports Team: Memphis Grizzlies
NET WORTH: $18.3 Billion (Rs 1.3 lakh crore)
7. Steve Cohen
Covid certainly impacted businesses but it couldn't stop major deals from happening. Major League Baseball club owners and New York City Mayor Bill de Blasio, in October 2020, approved Hedge fund billionaire Steve Cohen’s $2.4 billion purchase of the New York Mets. This is his official debut on the list.
Sports Team: New York Mets
Net Worth: $16 Billion (Rs 1.1 lakh crore)
8. (Tie) Roman Abramovich
The eighth position is a tie is between Russian Islarieli businessman Roman Abramovich and American billionaire businessman David Tepper. Abramovich is best known as the owner of Chelsea F.C., a Premier League football club and has a net worth of $ 14.5 billion.
Sports Team: Chelsea FC
Net Worth: $14.5 Billion (Rs 1 Lakh crore)
8. (Tie) David Tepper
The co-founder of global hedge fund Appaloosa Management, David Tepper is popular for making money with a big market correction. The hedge-fund manager is the owner of the Carolina Panthers of the National Football League and Charlotte FC in Major League Soccer.
Sports Team: Carolina Panthers
Net Worth: $14.5 Billion (Rs 1 lakh crore)
10. Joseph Tsai
The co-founder and executive vice-chairman of technology company Alibaba Group, Joseph Tsai brought NBA's Brooklyn Nets in November 2019 and the team's home stadium Barclays Center in a $2.35 billion deal.
Sports Team: Brooklyn Nets
Net Worth: $11.6 Billion (Rs 0.86 lakh crore)
According to Forbes, the billionaires on the list saw a huge rise in one year despite the sports stadiums and facilities being closed due to the novel coronavirus.


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Apple are set to release a sub-$250 7-inch iPad Mini this October according to a new report from iMore.
The company will be aggressively pricing the iPad Mini in an effort to force competitors, such as the Amazon Kindle Fire, Nook and various Android tablets – out of the market, according to the anonymous source.
The 7-inch iPad is said to be identical to the standard 9.7-inch iPad in terms of design, only smaller. The screen resolution will allegedly still be 2048 x 1536 (the same as the iPad 3) despite being a smaller device. This would give the iPad Mini a pixel density equivalent to the iPhone 4S retina display.
While the standard full-sized iPad 3 will set you back $500, to allow the iPad Mini to come in at about half this price Apple are reportedly cutting storage size down to 8GB.
Rumors of a cheaper, downsized iPad have been circulating with increasing frequency for months, and this latest rumor comes on the back of a report out of Taiwan that a 7-inch iPad was due to be launched this August.


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Growth in the U.S. economy slowed sharply to a 1.8 percent pace in the winter quarter from 3.1 percent at the end of last year as budget cuts at all levels of government and a surge in oil prices weighed on the economy, the Commerce Department reported Thursday.
The jump in oil prices to more than $100 a barrel, and soaring prices for corn, wheat and other commodities, caused a near doubling of the inflation rate to 3.8 percent from 2.1 percent in the fourth quarter of 2010. That meant that consumers had less spending power, causing their contribution to economic growth to decline to 2.7 percent from 4 percent.
“Sharply higher gasoline and food prices are taking a toll on growth,” said Sam Bullard, a senior economist at Wells Fargo Securities. He said that caused consumers to backpedal after they fueled robust spending growth at the end of last year.
“Retail gasoline prices have risen roughly 85 cents since the start of the year, while food prices were up an annualized 7.5 percent” during the quarter, he said. Still, “consumer spending held up reasonably well despite those challenges.”
While consumers and businesses got zapped by higher inflation, governments faced with unsupportable debts at every level slashed spending.
The collective drop of 5.2 percent in government spending was the largest since 1983, provoking a lively political debate about the role government spending plays in the economy.
Republicans such as Rep. Tom Price of Georgia, the House Republican Policy Committee chairman, continued to call for more spending cuts, insisting that they will help the economy by spurring faster growth in the private sector. But Democrats and liberal groups said the report shows that cutting spending too fast will throttle the economic recovery.
Federal Reserve Chairman Ben S. Bernanke tends to view government spending as a stimulus for the economy, but he and other economists also warn about the danger of too much spending and debt.
Christian Proano, assistant professor of economics at the Schwartz Economic Policy Center, said “it is undeniable” that governments need to pare down sovereign debts, which collectively total nearly 95 percent of economic output a level deemed dangerous in economic circles.
“However, an overly hasty reversal of the U.S. fiscal stance based primarily on government spending cuts could be counterproductive given the fragile situation of the U.S. economy,” he said.
Thursday’s report clearly showed that governments at all levels are increasingly constrained by mounting debt. The public sector overall emerged forcefully during the first quarter as a dead weight on growth after helping to support the economy during most of the Great Recession and early recovery period.
The federal government axed defense spending by 11.7 percent nearly six times the decrease seen at the end of 2010. State and local spending fell by 3.3 percent after dropping 2.6 percent in the fourth quarter.
Wells Fargo’s Mr. Bullard said the drag from government budget cuts was significant and should continue for some time “as officials are forced to continue to make difficult decisions in terms of spending cuts and tax increases to bring deficits under control.”
States and local governments have been in a retrenchment mode for more than a year. But while the drop in federal defense spending was eye-popping, analysts say overall that the federal government is not acting to reduce growth because generous tax cuts enacted in December are offsetting recent spending cuts.
“Overall federal fiscal policy is roughly neutral for growth, with the payroll tax cut and extended unemployment insurance benefits offsetting the drag from the winding down of stimulus spending,” said Augustine Faucher, an economist at Moody’s Analytics.
Mr. Bernanke also said at a news conference Wednesday that he is not worried that federal spending cuts are endangering growth, although he has openly fretted from time to time that state and local budget cuts will hurt the economy.
Mr. Bernanke emphasized that the huge federal debt, at $14 trillion and growing rapidly, is a far bigger threat to the economy in the long run, and it is important for Congress and the White House to reach a deal to curb the growth in federal spending, he said.
Like many economic forecasters, Moody’s and the Fed expect the economy to overcome high gasoline prices, spending cuts and other recent obstacles and resume a solid growth rate of more than 3 percent this year.
“The recovery is turning into a self-sustaining expansion, with stronger job growth driving consumer spending gains, in turn adding to the improvement in the labor market,” Mr. Faucher said. “By the end of this year the economy will be adding around 250,000 jobs per month.”
Economists were not overly concerned about a jump in state unemployment claims to 429,000 last week, noting that the job trends have been improving overall with the unemployment rate down to 8.8 percent from double-digit levels during the recession.
Mr. Bernanke stressed that the economic slowdown early this year was influenced by transitory factors, including harsh weather that held back construction, as well as the surge in oil prices.
But he conceded that the leap in regular gasoline prices to more than $3.80 a gallon, with prices exceeding $4 for various blends across the country, has been a hardship for consumers and is seriously impairing their spending power. He said he expects inflation to subside to about 2 percent in the months ahead.
While Mr. Bernanke sought to put a good face on the shifting economy, Bernard Baumohl, an economist at the Economic Outlook Group, said the first quarter developments were difficult for the central bank.
“There is no greater curse on Fed policymakers than the combination of a slowing economy and accelerating inflation, especially when both are largely the result of events taking place outside the U.S.,” he said.
“In this instance, it is robust demand for food and fuel coming from fast-growing emerging countries and the geopolitical turmoil that has spread across the oil-rich regions of North Africa and the Middle East. And neither of these foreign dynamics show signs of de-escalating.”
Mr. Bernanke said there is nothing the Fed can do to curb the rise in oil prices caused by the Middle East turmoil, other than throw the economy back into a recession by raising interest rates.


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BOSTON (Reuters) – IBM plans to launch several cloud computing services this year, taking on companies such as Amazon.com Inc, Google Inc, Microsoft Corp and Salesforce.com Inc.
International Business Machines Corp spokeswoman Kelly Sims said on Thursday the first of these new services will enable developers to write software that works with the emerging, Web-based technology.
Cloud computing systems run software and store information in remote, large-scale data centers that users and programmers access over the Internet.
IBM, the world’s biggest technology services company, has lagged behind younger companies in rolling out cloud services. But it is still early days for the cloud industry, which Gartner Research estimates will ring up sales of about $3.4 billion this year. IBM, by comparison, reported revenue of $103 billion last year, according to Reuters Estimates.
Business interest in cloud computing has picked up since Amazon started offering storage and computing services over the Web about three years ago. Google and Salesforce.com are the other two early leaders.
“Is this important to IBM? Yes,” said Forrester Research analyst Frank Gillett. “But what IBM is doing is not about suddenly grabbing gigantic new revenue streams. Honestly what IBM and others are doing is a lot of elbowing and throwing of guerrilla dust and trying to win perceived market leadership.”
IBM got its feet wet in the field last year when it launched an Internet-based data backup and recovery service.
In addition to the new service for developers, IBM also plans to introduce clouds that let businesses run applications and to virtualize personal computers, Sims said.
Like IBM, Microsoft is viewed as having been slow to enter the field. It plans to launch its cloud services platform, dubbed Azure, late this year or early in 2010.
IBM’s technology was developed using some know-how obtained through a partnership with Google to develop cloud services for academic computing that dates back to 2007, she said.
The U.S. National Science Foundation announced on Thursday it has awarded about $5 million in grants to universities that are developing applications on that IBM-Google academic cloud.
“IBM is applying those skills for the commercial offerings that will be launched in 2009,” Sims said.
Copyright 2009 Reuters. Click for restrictions.


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Google Atmosphere Live – You’re Invited!
Shopping-related searches increased 120% in the last year1, according to a review of Google’s data. The consumer’s journey is full of micro-moments, with shoppers reaching for their smartphones in every kind I-want-to-know, to I-want-to-buy (and crucially, I-want-to-buy-again) moments.
It’s data and trends like this that lead Google to host this year’s live event, Atmosphere Digital: Evolving Retail. Here’s the scoop from Google on what to expect:
“Join Google for an inside look at how four global brands evolved their physical and online environments to improve collaboration, streamline operations, and simplify process and spend.”
Come together with Google and industry innovators as they explore the future of retail at Atmosphere Digital. Hear from executives like:
- Marco Grieco, Business Innovation & Change Director for Italian apparel producer OVS, as he discusses how to best support new ideas, creativity and teamwork
- Frederico Trajano, third-generation CEO of Magazine Luiza, who led the recent e-commerce implementation of 777 stores with support from 24,000 employees
- Plus other inspiring and experienced retail leaders
Register now to reserve your seat with Google on April 26th.
*sources: 1Think with Google


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04 Oct DIGITAL PAYMENTS: AN EFFECTIVE TOOL TO FIGHT TAX EVASION
DIGITAL PAYMENTS: AN EFFECTIVE TOOL TO FIGHT TAX EVASION
Tackling tax fraud has come to the forefront of European politics over the past few years, and so has the fight against shadow economy: a problem which requires a joint commitment effort to facilitate better co-operation between Member States.
Money traceability represents a way of addressing the issue.
To this purpose a series of new norms have been introduced to promote the uptake of e-invoicing across the European Union. Many public sector organizations – including Sweden, Norway, Spain and Denmark – have announced compulsory e-invoicing programmes.
Italy, too, has embarked upon a path of new reforms and has gone even further by making e-invoicing mandatory for any B2B or B2C transaction as of 1 January 2019. The initiative has shown positive results, even exceeding expectations: in just over six months from its implementation, e-invoicing generated €350 million per month increase in VAT revenue which could translate into plus 4 billion euros by the end of the year.
Discouraging cash use and promoting traceable payments has also become a priority in the current Italian context, where the Government wants to accellerate the fight against tax evasion. In particular, boosting electronic payments represents one step forward in the promotion of payments traceability.
Secure transactions for trusted digital payments
Leveraging e-payments requires a mentality shift and a change of habits, which may find support in the new security criteria coming from the PSD2 payment services directive, the new European regulation for payment processes in the EU.
Currently a hot topic, Strong Customer Authentication (SCA), also known as two-factor authentication (2FA), has become mandatory for EU electronic payments and represents a valuable and effective tool to protect users’ data and, therefore, make transactions more secure.
The additional level of security offered today may help boosting the use of e-payment methods. Building greater trust in the Internet/mobile channels may significantly contribute to the cultural shift needed to promote traceable payments.
MyBank for traceable, fast and secure payments
MyBank, pan-European e-payment solution fully in line with the security criteria required by PSD2 and a pioneer in the adoption of SCA to protect users’ data, is a valuable aid for payment traceability.
It consists in an online wire transfer with no amount limit, which does not require any new registrations or new passwords, and does not share users’ data with any third parties. MyBank payments takes place in the secure digital environment of the user’s own home banking.
The great advantage of using MyBank is to benefit from the highest security standards in combination with a easiness of use able to motivate even the most sceptical users: payments are completed in just a few clicks and immediate confirmation of the transaction is received.
It is indeed with the combination of security and easiness of use that consumers and business can come closer to e-payments.
The fight against tax evasion, underground economy and money laundering can find in digital payments a valuable ally.
Payments’ traceability is not the only benefit of MyBank: thanks to its easiness of use and its level of reliability, e-payments become a frictionless experience to the benefit of all parties involved, contributing to the European path towards cash-less.


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German design group Urban Invention has created a tool that lets pedestrians play Pong as they wait to cross the street.
The device is called ActiWait, and it replaces the usual 'Walk' button found at traffic lights with a touchscreen featuring a Pong-inspired game. Pedestrians can play against someone across the street as the device counts down until the next green light.
Aside from being a creative idea, Urban Invention says ActiWait has potential to save lives by keeping pedestrians from jaywalking. To widen its appeal, the company is looking to add other apps to the device, such as speed dating and update-to-date news.
A working prototype is currently installed in the the city of Hildesheim, Germany and developers are looking to take it elsewhere. The company recently launched an Indiegogo campaign for $43,000/€35,000 that would fund further development and production.
Lauren Puga is a freelancer for IGN. You can follow her on Twitter @kittentarantino.


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Microblogging platform Twitter has integrated new digital currency features that allow individuals on the platform to search the trade rate of BTC and Ether by merely inputting their characters or tickers on the search option.
This recent innovation is a modification of “$Cashtags” and was published by the social protocol’s Business account on Wednesday.
According to the publication, anytime an individual creates a Twitter post containing characters of main digital stocks, mutual funds or digital currencies adding $ before it, it will allow individuals to see hyperlinks that would get them redirected to a search that displays the trading rate chart for those characters.
Additionally, the publication highlights that merely clicking to search for the ticker character for stock or digital currency directly takes an individual to the trade rate chart.
Twitter chair Elon Musk made a Thursday tweet introducing the recently integrated feature, adding that this is a bit of the diverse products mapped out for the reality of a “financial Twitter.”
However, it seems that the recent feature incorporates only the Bitcoin and Ethereum charts as at the periods of the report. Other digital currencies like the Twitter CEO “most preferred meme coin Dogecoin are yet to be included.
Regardless, Twitter Business underlined that there is an anticipated advancement to cover characters alongside an enhanced customer experience that would roll in the latter weeks.


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Britain’s best staycations: book now for summer 2019
After this year’s scorcher, cottages, hotels and campsites are selling fast, so get your skates on if you want a break at Easter or in the summer holidays
This year has broken staycation records, but for every happy family baking on a British beach, there were others frantically calling and clicking in a fruitless search for somewhere to stay that wasn’t a mouldy caravan in Bodmin.
We can’t promise that next summer is going to be like 2018, but, if you have faith, you need to book now. According to Cottages.com, bookings for Tenby, in Pembrokeshire, are already up 22% on last year, while North Yorkshire’s seaside resorts, including The Sunday Times’s Beach of the Year, Filey, are filling up fast. As ever, though, it’s the West Country where demand is highest. Leading rental agencies and many of the most fashionable hotels tell us that peak weeks are, in some cases, already more


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The decimation of share prices across the autos industry this week highlights growing concerns that Volkswagen's problem could quickly turn into one for the entire carmaking industry.
The U.S. Environmental Protection Agency has accused Volkswagen of installing a device in its diesel vehicles to run maximum anti-pollution controls only when emissions tests were taking place. VW has admitted the mistake and apologised, with its U.S. boss, Michael Horn, saying the company had "totally screwed up."
No other car manufacturers have officially been accused of this kind of behavior. However, the light shone on what Volkswagen was trying to sell as emission-reducing cars, which were in fact pumping more nitrogen dioxide (NOx) into the air than thought, could be uncomfortable for others.


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AMD announced this week that it has released its monthly Catalyst video driver update, 10.12. Catalyst 10.12 finally unites the drivers for AMD's latest 6000-series video cards, as well for earlier cards, within the same installation file. (The last two months have seen separate downloads depending on which series of card you're using.)
In addition, AMD is offering a special "preview" of Catalyst 10.12 that gives users a glimpse at what the next incarnation of Catalyst Control Center will look like when it's released in 2011. The new version of the control center introduces options for one-touch balancing of video quality and rendering performance.
Among the new features in the Windows version of Catalyst 10.12 is support for DivX on Radeon HD 6800-series cards, which will result in lower CPU utilization, extended notebook battery life, and reduced noise on home theater PCs when playing back DivX videos.
Most of Catalyst 10.12's other changes are aimed at developers. OpenGL 4.1 support has been added, which introduces a number of new development features (including ARB extensions). The AMD Stream 2.3 SDK release adds performance improvements for AMD's OpenCL toolset, support for UVD video hardware through the OpenCL driver in Windows 7, support for AMD's new 6000 series of video cards, and more.
The Linux version of Catalyst 10.12 adds support for Ubuntu 10.10.
Catalyst 10.12 may be downloaded from AMD's Web site.


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Fed Chairman Jerome Powell’s new preferred measure of inflation for service sector prices accelerated in January, adding to the case for rate hikes. Broader inflation measures also came on the hot side as consumer spending surged to start 2023, sending the S&P 500 below a key support level.
Three rates of PCE inflation
The index of total personal consumption expenditures, or PCE, rose 0.6% in the month and 5.4% from a year ago. Wall Street had expected a monthly rise of 0.4%. The 12-month PCE inflation rate was expected to decline to 4.9%.
Core personal consumption expenditures inflation, which excludes volatile food prices and inflation, rose 0.6% month-on-month, versus expectations of 0.4%. Core inflation rose to 4.7%, defying expectations that it would drop to 4.3%.
Hot inflation readings for January looked worse due to upward revisions to price data for December which was initially seen as muted.
The Fed usually emphasizes the inflation rate of core personal consumption expenditures. But with commodity prices falling as demand normalizes after the pandemic surge and housing costs expected to follow later this year, Powell sharpened prices for essential non-residential services as a key to the inflation outlook. That’s because prices for services from hair cutting to health care and hospitality correlate closely with wages, and are generally the largest cost inputs.
In January, prices for core personal consumption expenditure services excluding housing rose 0.6% month-on-month, the fastest since November 2021, and 4.65% from a year ago. The 3-month annual inflation rate rose to 5.3%.
The December PCE inflation report showed a 4.1% 12-month inflation rate for Powell’s non-residential essential services category. At the time, it looked like inflation pressures in the services sector might have passed their peak. But after upward revisions to December and Q4 data, a steady decline in inflation looks less certain.
Standard & Poor’s 500 reaction
After the PCE spending and inflation report, the S&P 500 fell 1.3% early Friday in stock market action. So far, the S&P 500 has largely held its gains over the past few weeks, despite hot economic data and higher Treasury yields. The S&P 500 has so far found support at the 50-day moving average, but fell below it early on Friday, which could herald further weakness.
As of Thursday’s close, the S&P 500 was 16.35% below its record close high, but up 12.2% from the bear market’s closing low on Oct. 12.
The 10-year Treasury yield rose 6 basis points, to 3.94%.
Make sure to read the big picture of IBD each day to stay in sync with the underlying market trend and what that means for your trading decisions.
What does the PCE report mean for the Federal Reserve?
Since the February 3 jobs report showed strong hiring and low unemployment, financial market prices have undergone an abrupt turnaround. Prior to that, markets had expected the Fed to raise less than official expectations and start cutting interest rates later this year. After the PCE inflation report on Friday, so were the markets Pricing at odds of 88.5% That the Fed will raise its key interest rate to a range of 5.25% to 5.5% by late July meeting. That means one additional increase compared to the Fed’s latest forecast.
In addition, the odds of a 50 basis point rise on March 22nd rose to 39% shortly after the PCE inflation data. More strong inflation data and a strong jobs report could prompt the Fed to take a half point move.
Inflation expectations may not be as bad as they suddenly seem. Wage growth appears to have slowed, which should dampen service sector inflation over time. However, the Fed has two reasons for continuing to raise interest rates that may dictate policy in the near term.
First, Fed officials believe that the costs of not rising enough, which can lead to entrenching inflation, are far greater than the costs of rising too much. Second, until recently, Fed officials have largely failed to convince markets that interest rates will rise and they will stay there for much longer. That had consequences. Treasury yields fell, lowering borrowing costs and helping to give the economy a second boost.
Now that the markets have finally heard the Fed, it is likely that policy makers will not want to raise interest rates by an amount less than the markets are betting.
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Futures: Tesla Leads March On Big Test, Intel Takes A Late Dive; Inflation report due
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Three Teamsters union locals in Washington and Oregon have ratified a new contract for Safeway.com grocery home delivery drivers.
Tukwila, Wash.-based Teamsters Joint Council 28 said late yesterday that the new three-year pact, approved by Teamsters Locals 174, 162 and 313, provides more than 120 members with “major improvements to economics and workplace protections,” including against the use of independent contractors for Safeway.com home delivery drivers over unionized drivers.
“When Safeway.com management first came to the bargaining table, their goal was to get rid of us entirely by using DoorDash and other third-party gig workers to deliver groceries, but we stopped them in their tracks,” Teamsters Local 174 Secretary-Treasurer Rick Hicks said in a statement. “They came in with a strong position to eliminate our Teamster members completely, at one point even offering up to 52 weeks of separation pay. Once management realized they were not going to be successful in their mission, they stepped up and worked with us to deliver this incredible new contract that protects our members on the job while also rewarding them for the hard work they performed throughout the COVID-19 pandemic and beyond.”
Albertsons Cos., the parent of Safeway, couldn’t immediately be reached for comment.
In January 2021, Albertsons confirmed plans to cease its own online grocery delivery operation in some market areas and shift exclusively to third-party delivery service providers. Albertsons said at the time that it would discontinue use of its own home delivery truck fleet in 10 states beginning Feb. 27, 2021, which would result in delivery worker layoffs.
Albertsons Cos.’ third-party food and grocery delivery partners currently include Instacart, DoorDash, Uber Eats and Shipt. The Boise, Idaho-based company this year announced expanded delivery with Uber Eats and DoorDash. More than 90% of the retailer’s nearly 2,300 stores now offer on-demand delivery of groceries and/or food through partners.
Teamsters Joint Council 28 — representing Teamsters unions and members across Washington, Alaska and northern Idaho — noted that the new contract also now allows Safeway.com delivery drivers to accept tips, which could “dramatically improve workers’ hourly take-home pay.” The agreement, too, brings solid wage and pension increases, stronger seniority provisions in route selection, safety improvements and Martin Luther King Day as an additional holiday, the union said.
"This contract is a testament to the power of solidarity," said Nick Lansdale, Teamsters Local 313 Secretary-Treasurer.
"Our members stood together with the members of Local 174, Local 162 and the Teamsters International and spoke loudly with one voice, telling Safeway.com we would not let them outsource our work,” stated Nick Lansdale, secretary-treasurer of Teamsters Local 313. “Thankfully, the company heard us, and the result is a strong contract our members were proud to ratify unanimously.”
In August 2018, Teamsters Local 174 reported that a group of about 90 grocery home delivery drivers working for Safeway.com in the Seattle area — including some 60 drivers from Local 174 and 30 drivers from Local 313 — became the first truck drivers for online grocery home delivery to unionize and secure a contract.
“We are proud of our members for standing strong and having confidence in their bargaining committee, which led to this strong contract that will benefit them for many years to come,” Hicks added regarding the new contract with Safeway.com. “We also thank IBT Warehouse Division Director Tom Erickson and Teamsters Local 162 Secretary-Treasurer Bob Sleight for backing us 100% in this fight. We were in constant contact with them throughout this process and received tremendous support.”


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Could 2016 finally be the year that confirmation is given on a mid-engined Corvette? According to Corvette Forum, it will be.
The website claims to have received a tip from a reliable source that General Motors will approve a mid-engined Corvette sometime this year. It is claimed that development of the car is so far progressed that its approaching the point of no return and has to be launched as a direct rival to the third-generation Ford GT.
Given the successful sales figure of the C7-generation Corvette, GM will apparently sell the mid-engined Corvette alongside the existing model, but offer it as a much more expensive alternative, possibly costing around the same as the new Ford GT or a Lamborghini Aventador.
Given its high sticker price, breathtaking performance will be one of Chevrolet’s key goals with the car. Power could come courtesy of a twin-turbocharged V8 engine derived from the current LT1 and LT4 family, pumping out well over 700 hp. Power will of course be sent to the rear wheels, potentially through an all-new seven-speed manual transmission.
As with other class-leading mid-engined cars, the new Corvette derivative will be produced in extremely limited numbers .
An announcement about the car could come as soon as November’s Los Angeles Auto Show.


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Greater Phoenix is releasing a regional export plan outlining specific steps local business, civic and government leaders will take to promote Greater Phoenix economic development. It assesses Greater Phoenix’s current export climate, sets market-based goals for increasing exports and lays out an implementation plan to support local businesses in increasing exports.
The plan is the culmination of a year-long process conducted under the region’s participation in the Global Cities Initiative, a five-year joint project of the Brookings Institution and JPMorgan Chase. Launched in 2012, the Global Cities Initiative helps business and civic leaders grow their metropolitan economies by strengthening international connections and competitiveness. GCI activities include producing data and research to guide decisions, fostering practice and policy innovations, and facilitating its Exchange, a peer learning network. As part of the Exchange, Greater Phoenix is working to create and implement new international trade and investment strategies.
“With this export plan, Greater Phoenix is acting on what our research shows is untapped potential to grow the region’s economy and support higher-quality jobs,” said Marek Gootman, Brookings director of strategic partnerships and global initiatives. “Greater Phoenix now is among a small group of U.S. and international metro areas with a comprehensive, tailored strategy to help firms pursue global market opportunities. This type of intense focus and collaboration among business, government, and civic leaders is proving to yield tangible results.”
Exports are an under-used economic development tool and only five percent of Unites States firms currently export. This export strategy will help Greater Phoenix businesses capitalize on the growing consumer class outside the U.S. to strengthen the local economy and grow jobs at home.
“The Greater Phoenix metropolitan region has a well-established aerospace, semiconductor and electronics industry base that makes up more than 15 percent of the share of total exports, but we need to work on integrating export strategies with the growing number of startups and small and medium-size companies in the region,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. “The new Greater Phoenix Export Plan will provide the framework to build on these opportunities, which will further enhance our market’s global competitiveness.”
Greater Phoenix has a dynamic entrepreneurial culture and ecosystem that generates these new startups. These growing companies, along with the large number of small and medium-size companies in the Greater Phoenix region, will benefit from learning the fundamentals necessary to export their products and services.
Key findings from the plan reveal that service sector exports are leading the export growth in Greater Phoenix; the region has the potential to evolve existing industries into new technology-intensive spaces; and the aerospace industry is a significant part of the Greater Phoenix economy and its exports.
“JPMorgan Chase is proud to be a part of Greater Phoenix’s export plan development and we encourage other local businesses to join this effort to further create jobs, attract capital and grow our economy through trade,” said Noreen Bishop, regional manager for Business Banking at JPMorgan Chase.
Nearly 25 executives, economic development professionals and U.S. agency officials have joined Phoenix Mayor Greg Stanton in the development of the Greater Phoenix Export Plan, and will continue to be part of the implementation. Businesses of all sizes in the region are encouraged to contact the Metro Phoenix Export Alliance, the new organization that will oversee the plan, to learn more about growing their companies globally.
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