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NVIDIA Overwhelmed By GeForce 30 Series Demand Despite More Ampere Stock Than Turing At Launch
Most simply assumed that NVIDIA was playing fast and loose with inventory when it comes to the GeForce RTX 3080 and the GeForce RTX 3090. There have been wild rumors that NVIDIA was purposefully limiting the number of cards available at launch to manage its margins, or to control the flow of components needed by its board partners.
Whatever the case, there doesn’t seem to be some grand conspiracy by NVIDIA to artificially limit Ampere supply. In fact, according to Tony Tamasi, NVIDIA VP Of Technical Marketing, the company has done everything in its power to provide as many Ampere cards to customers as possible during launch.
“Demand almost regardless of what we did was going to exceed our supply,” said Tamasi during our Two And A Half Geeks broadcast yesterday. And when you think about it, that’s definitely true. It’s been two years since NVIDIA launched its GeForce RTX 20 Series of Turing graphics cards, and nothing released in the consumer graphics market since – until now -- has been able to topple the performance high water mark set by the GeForce RTX 2080 Ti. When the GeForce RTX 3080 was announced with double the performance of the GeForce RTX 2080 with a price tag that was half that of the GeForce RTX 2080 Ti, there was sure to be a huge run on the cards by gamers (and bots).
“We had as much or more supply for this product as we’ve had of any product in recent memory,” Tamasi added. This means that in actuality, NVIDIA had more Ampere cards available at launch than it did for the Turing launch two years ago. That is probably little solace for those that haven’t been able to secure a GeForce RTX 3080 or GeForce RTX 3090 yet, but NVIDIA hasn’t exactly been sitting on its hands while all of this has been going on.
“So, it wasn’t a case that we didn’t build any, and it wasn’t a case that our add-in card guys didn’t have supply either. I just think that the demand was enormous.”
Tamasi went on to say that there are still a lot of things that it can to do make things better on its side (especially with regards to its own online sales via its shopping portal) and that yields for Samsung’s 8nm process node have been good. The company is making GPUs as fast as it can, and hopefully, supply will catch up with demand in the coming months. The real test for NVIDIA, however, will be when the GeForce RTX 3070 launches in October. That card is promising greater-than-GeForce RTX 2080 Ti performance at just $499, and is sure to be a must-have purchase for gamers. Will NVIDIA and its partners be able to cope with demand? We sure hope so…


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A new animated trailer has just dropped for Monolith’s upcoming team-based multiplayer shooter Gotham City Impostors. For those unfamiliar with the game, it’s the Batman first-person shooter about Batman but without Batman. Confused? Don’t be.
The tongue-in-cheek shooter pits teams of working-class Batman look-alikes (Batmen?) against a crew of thuggish Joker wannabes in high-action Team Fortress 2 style combat. The game is currently in beta for the PC, with an upcoming beta test scheduled for both PS3 and Xbox 360. Gotham City Imposters is set to launch January 10, 2012.
You can check out the full trailer after the break.

domain: news


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CLAUT organized the 8th edition of Automotive Supplier
The Automotive Cluster Nuevo Leon (CLAUT,) with the support of the Ministry of Economy and Labor of the State Government, organized the eighth edition of Automotive Supplier, which had place on September 19th and 20th at Centro Convex in Monterrey.
After seven years of success, Automotive Supplier has consolidated as the most representative event of its kind in the northern of the country. Through it, assembler and Tier 1 companies of the automotive industry gather with potential supplying companies to generate new business opportunities, achieving thus the main objective of the event: increase national integration and promote the substitution of imports to the sector.
The big competitive advantage of this event is that supplying companies have the opportunity of entering directly in contact with the right people from the purchasing areas in assembler and Tier 1 companies, process that will take months, which allows SMEs optimizing and accelerate their commercial process.
On the other hand, the dynamics of the event allow Assembler and Tier 1 companies to firsthand report to supply companies the type of goods and services they are demanding, as well as detecting potential suppliers, reducing location time of possible vendors to supply their supply chain.
Among the buyers that attended the business tables highlighted important national and transnational companies, such as: Arconic, Autozone, BRP, Bosh, CNH, Caterpillar + Caterpillar Planta Torreon, Cuprum, Dina, Denso, Ficosa, Flex, Giant Motors, Gonher, Jetro, John Deere, Kenworth, Katcon, Metalsa, Michelin, Nemak, Newell, CIE Pemsa Satillo, Sisamex, Stant, Tesla, ZF and Vitro.
was estimated that the attendance to the 2018 edition reached between 450 and
500 people and is estimated that there were among 200 and 250 suppliers
represented, more than 27 buying companies and about 550 business tables were
“Today more than ever we consider that it is important to keep unity within the sector and redouble efforts to increase the national integration and competitiveness of the industry; and this is precisely the objective of the Automotive Supplier event,” explained Manuel Montoya Ortega, general director of CLAUT.


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Another deplorable week of falling sentiment has left all major global ship recycling markets reeling as the industry heads into summer/monsoon months in the subcontinent. Moreover, it seems doubtful (at this time) that more notable deals will be struck, especially with the industry in such a state of disarray.
Currency depreciation and plunging steel plate prices (particularly in Pakistan this week alone) have left nearly all major recycling markets facing price declines close to $100/LDT from highs of over of $700/LDT (and nearly $500/MT in Turkey) seen a few weeks ago.
As a result, cash buyers with inventory to sell or ship owners looking for new deals are unlikely to be willing to take this hit and may prefer to trade their ships a bit further, especially with freight markets which are now beginning to improve.
A lack of supply could see recyclers across the subcontinent return to the table, and the past few months have been generally calmer in terms of new applicants, as the improving freight sector and ongoing holidays (including the holy month of Ramadan) began to tell.
However, at this stage, it is impossible to say where the bottom of the market is, because once prices start to drop at major recycling sites, they tend to drop like a rock and owners would be strongly advised not to to pursue a deal. which seems to be reaching new lows with each passing day.
According to GMS, it would be best to instead watch market moves and wait for some stability/positivity to return before plunging back to these new levels wherever they end – bearing in mind that there are This is an industry that has almost tripled from the previous few years and some form of error correction has always been on the books because what goes up eventually comes down.


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June 6, 2013 - Mark Friedman, CEO of Accruent, was named as a finalist in the annual Ernst & Young Entrepreneur of the Year award program for Central Texas for 2013.
The award recognizes outstanding high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. The finalists and winners were selected by an independent panel of judges and honored at a gala event at the Hilton Downtown on June 5, 2013. This is one of the most prestigious business awards in Central Texas.
To learn more about the program or view the entire list of finalists, visit the Ernst & Young web site.


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Visa Inc., Mastercard Inc. and American Express Co. will add a new merchant category for firearms retailers, a victory for gun-control advocates who have pressed the financial industry to do more to help curb mass shootings.
The new merchant-category code was recently approved by an international entity that sets standards for the payments industry.
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- ‘Pocket drones’: U.S. Army developing tiny surveillance tools for the next big war
- Belgian cafe posts sign: Dogs allowed, but Jews stay out
- Gen. Dempsey: Pentagon studying Russian readiness plans not viewed ‘for 20 years’
- John McCain: Botched, two-hour execution of murderer is ‘torture’
- House GOP ready to move border bill
- Bomb squad called after live WWII artillery washes on Cape Cod beach
- HAYDEN: Intelligence, evidence and the case against Russia
- Ohio university quiz implies atheists are naturally smarter than Christians
- Rep. Henry Cuellar on border crisis: ‘Playing defense on the one-yard line’
- Activists vow to occupy fast-food restaurants to get higher pay
Al Sharpton threatens Barneys boycott over racial profiling allegations
Question of the Day
NEW YORK — The Rev. Al Sharpton threatened Saturday to boycott luxury retailer Barneys if the department store doesn’t respond adequately to allegations by black shoppers that they were racially profiled there.
“We’ve gone from stop and frisk to shop and frisk, and we are not going to take it,” the black civil rights leader said. “We are not going to live in a town where our money is considered suspect and everyone else’s money is respected.”
Two black Barneys New York customers, Trayon Christian and Kayla Phillips, said this week they were detained by police after making expensive purchases.
Christian sued Barneys, saying he was accused of fraud after using his debit card to buy a $349 Ferragamo belt in April.
Macy’s was also hit with a lawsuit alleging racial profiling this week.
A black actor on the HBO drama series “Treme” said Friday he was stopped by police because of his race while shopping at Macy’s flagship Manhattan store.
Robert Brown said in his lawsuit that he was detained by police June 8 after employees contacted authorities about possible credit card fraud.
Macy’s didn’t comment on the litigation but said in a statement it was investigating.
Some Sharpton supporters who attended Saturday’s rally said they had been profiled in stores, too.
Shane Lee, 51, said he went to the high-end store Bergdorf Goodman to buy shirts last year and the sales staff would not assist him.
“Instead of helping me, they were staring at me,” said Lee, who is black. “I felt so uncomfortable that I just left.”
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The global food and grocery retail market is expected to reach US$12.24 trillion by 2020, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.9 per cent during the forecast period.
The global food & grocery retail industry has been growing steadily in recent years and Grand View expects that trend to continue. Growth in this industry is mainly being driven by countries in the Asia-Pacific region. Countries such as India, China, Indonesia have witnessed prominent growth due to an increase in the number of modern outlets.
Markets in some countries, especially in Western Europe, are mature and facing saturation.
Further key findings:
· The Canadian food and grocery retail market was valued at US$107.4 billion in 2015 and will register a CAGR of 3.0 per cent from 2011 to 2015;
· The global food and grocery retail market size was valued at USD 8.77 trillion in 2015.


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Behind Reviews of Telfar and Other Black-Owned Brands
Photo-Illustration: by The Cut; Photo: Retailer
In 2018, Telfar changed the fashion industry by creating its now flagship “Shopping Bag”. The popular vegan leather accessory was originally offered in three sizes in a range of understated and vibrant colorways, while its democratic prices – $150 for a small, $202 for a medium and $257 for a large – made it an accessible introduction to a luxury brand without asking consumers to pay conventional luxury prices. The bag’s cult status quickly earned it the nickname “Bushwick Birkin”.
A big part of Telfar’s appeal is that designer Telfar Clemens treats his customers like his community. As the slogan says, Telfar is “Not for you – for everyone”, a rather democratic position in the luxury market. Demand for the shopping bag has become so intense that bots have been created to secure the bags (mostly bots are created by resellers), forcing the brand to temporarily shut down its site to recalibrate it so that buyers have a fair chance to score. a bag. The idea and the realization of creating a luxury product “for everyone” and maintaining it at accessible prices, according to haute couture standards, is radical.
In February, the brand added a new “It” item to its accessories range: the Circle Bag, which generated significant buzz online when it premiered a month prior. Unlike its predecessor, the Circle Bag’s shape and structure made the production process more rigorous, and it became the focus of mass criticism from people who felt its $567 price tag was too expensive. (For comparison, the cheapest handbag on Prada’s official website starts at $995.)
Shelton Boyd-Griffith, Contributing Editor of Gasoline, recently wrote an op-ed explaining why Circle’s pricing shouldn’t be controversial, making a well-supported argument that compares Telfar to white-owned luxury brands that don’t get the same kind of criticism. “We’ve seen it time and time again — Sean Jean, Off-White, Pyer Moss, etc. — where black-owned brands should stay on some scale,” Boyd-Griffith says. “I understand the concerns about the feelings of not being able to afford or buy a brand that makes you feel seen.”
Her argument is that there are levels of commerce – in this case, a luxury bag – among white and European designers, from Tanya Taylor to Armani Privé. Recently, handbag prices at Chanel, Louis Vuitton and Hermès have risen dramatically to boost profits in the face of supply chain issues and higher raw material costs. But the conversation around such legendary entities is never so speculative, or criticism is short-lived. Last year, Bloomberg reported that Chanel had raised the prices of some of its classic handbag silhouettes by nearly two-thirds since 2019.
“Luxury brands try to sell a sense of exclusivity for the masses,” says Lauren Sherman, chief correspondent for The Business of Fashion. “Chanel created this model with Karl Lagerfeld in the early 80s: the runway is the dream, the handbags and shoes are the goal, and the makeup and perfume are the reality. they can. So why shouldn’t black-owned brands and black designers enjoy the same luxury?
It’s not because they use different materials. Boyd-Griffith pointed out that Stella McCartney makes bags exclusively from vegan leather, a material very similar to Telfar’s, and that these sell for between $700 and $2,000. “I don’t hear the same arguments correlating to McCartney’s vegan leather bags that we see around Telfar,” he says, pointing out that Telfar’s shopping bags are on par with or less than most. vegan leather bags. “Then you have the infamous Prada nylon bag, which is basically made of synthetic plastic, which retails from $900. There’s no talking about the cost of this bag.
Sherman says Telfar’s criticism could have been more intense because one of the premises of the brand’s bag business is that it’s meant to be “affordable” or “for everyone,” which which is not the case with white-owned luxury brands: “Consumers expect mega-labels to raise prices; it’s part of their shtick. But when marketing a brand is all about not being too expensive, it can strike a chord, even if it’s still not that expensive compared to competitors.
The reasons for the price increase – supply chain problems and lack of raw materials – are the same for everyone. Sherman even argues they could be worse for a small brand like Telfar, which doesn’t have its own factories and independent production.
Yet Telfar isn’t the only black-owned brand to have felt the scorn of its fans. Rihanna’s LVMH-backed clothing company Fenty faced similar criticism over its pricing, while its previous collaborations, such as those with Puma and River Island, were set at more accessible prices. Handbag designer Brandon Blackwood has come under fire for the quality and production of his bags, and while there have been instances of mainstream luxury brands sending faulty products to their customers, the difference is that Blackwood’s hiccups were amplified with the help of social media. Race is at stake by default in such situations given the history of marginalization that black-owned fashion brands have suffered over the years.
There seems to be a disconnect between luxury and affordability in how people perceive not just Telfar, but black-owned luxury brands in general. In today’s era of consumerism, especially when it comes to high fashion, the idea of luxury is slowly moving away from the old guard statement of the past and becoming more fluid in its definitions. Luxury is relative, and luxury is arbitrary, leaving it up to the individual to define it.
“I think there is this misconception around Telfar and some of his contemporaries, for example, Luar and Brandon Blackwood, that luxury and affordability are in opposition, but I disagree,” says Boyd-Griffith. “Especially when it comes to black people, we have consistently found luxury in everything from decorating dinnerware to home on Sunday lunchtimes. Through the brand’s slogan, “Not for you – for everyone”, it affirms accessibility. Thus, luxury and accessibility can coexist within the Telfar universe.


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Warhammer 40K: Eternal Crusade Livestream #13
Ghislain Barbe, Brent Ellison, Alexis Leveque, Miguel Caron, and Katie Fleming recently showed off the Sorcerer model, Raptor model, Stalker Bolter, new grenades, melee system, and the buff system.
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Sierra Proto Express acquires PC Boards Inc.
Apr 13, 2007
Ken Bahl, president of Sierra Proto Express has announced the acquisition of PC Boards Inc. in Chanute, Kansas.
"PC Boards has everything we need to actualize our future growth plans," stated Bahl. "It represents a perfect complement to what we do in Sunnyvale. We handle high- technology, small-volume, quick-turn products while PC Boards does the mid-volume, mid-technology product mix. Combined with PC Boards' offshore alliances, this will allow us to provide our customers with a complete PCB solution. The fact that both the Sunnyvale and Chanute plants are Mil-Spec certified will work in our favor as well."
Dennis Steinman, president and founder of PC Boards added, "This is an excellent opportunity for the people at PC Boards, which will be called Sierra Midwest. I am very excited about the growth plans that Ken and his team bring to Chanute. Through a series of acquisitions and roll-ups, the plan is to grow this facility to double its size in just a couple of years. This will be good for everybody - our customers, our employees, the community, the company and Sierra. It's a win all around."


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CES 2012 may have officially come to a close yesterday in Las Vegas, but from the company’s headquarters in San Francisco, Klout is just getting started. Klout announced on their corporate blog on January 10, the first day of CES, that they would be crowning the first ever ‘King of CES.’ This person would be selected by receiving the most “+K’s” in the Klout topic: ‘CES 2012.’
Sponsored by T-Mobile, the contest extended through yesterday, January 13th at 11:59PM PT. And isn’t it enough, you may ask, that the King receives the respect and admiration of their peers? No. Says Klout. The CES 2012 King will also receive the ultimate “T-Mobile 4G Prize Pack, including the Samsung Galaxy S II with a year of service, Samsung Galaxy Tab 10.1, and a T-Mobile 4G Mobile HotSpot.”
With all the talk of what’s to come at next year’s Consumer Electronics Show it’s easy to forget that it’s still taking place this year LIVE from Las Vegas. The conference continues through this Friday the 13th…whoah, really? We totally just realized this Friday is the 13th, watch out everybody!
Anyway, back to CES. Although most of the major product reveals and announcements have already taken place, there is still plenty to experience at CES and plenty of newsworthy events coming out of CES in the next few days. Also, stay tuned for TheTechUpload‘s special coverage of What’s Hot and What Really Just Not from this year’s CES.
As day 2 of the CES is almost wrapped-up, there’s still one more primary event left for the day, the Brand Keynote Panel at 4 p.m. PST (7 p.m. EST) featuring panelists from AT&T, GE, Facebook, Hyundai Motor America and Unilevel. This panel is sure to spark some interesting conversation on the future of brands and brand strategy for 2012.
Wow. So much has already happened at the International Consumer Electronics Show (CES) this year from Las Vegas, Nevada and the show hasn’t even officially begun yet! Press Day was packed with everything from pre-show press events and product releases to Keynote speeches and some interesting guests. Here’s a look at what’s happened so far and a glimpse into what’s to come on the first official day at CES 2012.
What happened yesterday? We saw everything from the introduction of Sprint’s 4G Network and Android 4.0 (Ice Cream Sandwich) to Intel’s Nikishi Prototype to the rebirth of MySpace? Wait, what was that last one?
Vizio shows off it’s new computers at the CES today!
Check out my other article on Vizio PCs to learn about the specs.
Vizio has released a family portrait of their new Personal Computers lineup. Vizio still hasn’t given us any moreinformation about their computer specs. However, in their press release theymentioned that they want to provide “a clean system image optimized byMicrosoft and an elegant industrial design incorporating authentic,high-quality materials…” Keep on readingto see the full press release.
Although CES 2012 doesn’t officially kick-off until tomorrow morning at 8:30 a.m. with the “State of the CE Industry Address and Opening Technology and Evolving Countries (TEC) Keynote,” we don’t have to wait until tomorrow for all the fun to start. Steve Ballmer, Chief Executive Officer and a director of Microsoft since January 2000 will open this year’s International Consumer Electronics Show (CES) tonight at 6:30 p.m.
Ballmer will set-the-stage for the entire CES by discussing where Microsoft is headed as a Company as well as where he believes the future of tech is headed over the next several years. Gary Shapiro, president and CEO, Consumer Electronics Association (CEA) commented that ”Steve Ballmer’s keynote is a great way to kick off the exciting 2012 International CES.”


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Epic is shutting down Houseparty
Jay PetersThe Verge
Houseparty’s Fortnite mode. | Image: Epic Games
Epic Games is going to shut down group video chat app Houseparty, the company announced Thursday. The Houseparty app will be removed from app stores “immediately,” according to Epic, though people who already have the app will be able to use it until the service is fully shut down in October. Houseparty’s integration with Fortnite will also continue to work until Houseparty is shut down in October.
Houseparty, which was released by the creators of the popular Meerkat livestreaming app in 2016, was purchased by Epic in 2019, and Epic says that “tens of millions of people” have used the app. Going forward, however, “the team behind Houseparty is working on creating new ways to have meaningful and authentic social interactions at metaverse...Continue Reading


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Marketing agency, 121XP has announced its foray into the Indian e-sports market with the launch of Team BlitzkriegXP. Led by three girls, Team BlitzkriegXP will focus on discovery and development of talent; content creation and competing in marquee game fests.
Alvin Dsouza, managing director, 121XP, said, “The Indian eSports market is growing exponentially and being an experiential-first agency, it is a strategic foray into where the future lies. While the game sessions are getting competitive and rewarding; the need to create a credible ecosystem towards organising a still nascent and cluttered industry space is paramount. With BlitzkriegXP, we are focusing on not only supporting a team, but in the process, expanding the realm of the Indian gaming industry by offering an aspiration empowerment network to the professional and casual gamers."
Samin ‘AceAthena12’ Ahmed, head-marketing, BlitzkriegXP, “We are a team of passionate gamers who bring an unsatiating appetite to seek hidden possibilities of growth, learning and development. The gaming industry is not only limited to the contest arenas, the game windows or the in-venue engagements; but globally has spawned into multiple touchpoints for diverse communities – from content to platforms to branded tools to innovative products and inventive bootcamps. We not only seek to take the best in class gamers to the competition but also, their stories, perspectives and strategies to inspire, empower and cultivate a new age breed of Indian gamers and fans."
BlitzkriegXP has launched its logo and also announced a nationwide tryout for the team formation.
Over the past few years, the number of women at the junior level has grown. Still, women continue to be underrepresented at the leadership level. Bias impacts women’s day-to-day work experiences and ability to advance. We are discussing the challenges women are facing in the workplace.


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Budapest Airport’s air cargo up 36%
19 / 01 / 2022
Photo: Budapest Airport
Budapest’s Ferenc Liszt International Airport processed a total of 183,362 tons of air cargo in 2021, up 36% from 2020.
The airport said this was achieved with just 4.8% growth in the number of cargo flights, thanks to a renewed increase in belly cargo traffic and better utilisation of dedicated cargo flights.
Pandemic-related shipping container congestion and e-commerce have helped grow cargo, said the airport. The majority of international e-commerce volume arrives in Hungary by air.
These factors, alongside the Hungarian government’s Chinese-Hungarian aerial Silk Road policy, have seen air cargo traffic between China and Hungary reach new levels, it added.
Last year, the Chinese technology-focused Alibaba Group decided to choose Budapest as its Central and Eastern European air logistics hub, attracting other major cargo players to the Hungarian market, added the airport.
Budapest Airport’s new cargo handling base covering tens of thousands of sq m, known as the Cargo City, was also used for Covid-19 vaccine transportation last year, aiding the airport’s cargo performance.
Chris Dinsdale, chief executive officer of Budapest Airport, said: “Our cargo developments will continue; Budapest Airport decided last year to further expand the BUD Cargo City, handed over two years ago, with preparatory works already under way and construction scheduled to start in 2022.”


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07 August 2012 17:49 [Source: ICIS news]
By Nigel Davis
LONDON (ICIS)--The change in fortunes in petrochemicals between the first half of 2011 and the first half of this year is pulled into sharp focus in the DSM second-quarter financial results, published on Tuesday.
The DSM portfolio has shifted markedly in recent years towards nutrition and the life sciences: The Netherlands based company is of the largest producers of vitamins in the world. It also has a strong performance materials business.
But DSM’s polymer intermediates segment was significantly exposed in the April to June quarter to lower product prices and reduced volumes. Earnings were squeezed hard by the rising benzene price.
The turndown in polymer intermediates and to a lesser extent in the company’s engineering polymers businesses were to blame for the 90% year on year fall in net profits for the quarter. The life sciences businesses accounted for around 70% of second-quarter earnings before interest, tax, depreciation and amortization (EBITDA).
DSM is an important producer of caprolactam and acrylonitrile. Its Polymer Intermediates segment sales dropped 8% year on year in the second quarter due to 11% lower prices and 3% lower volumes. As a European company, the price fall was mitigated by a positive 6% currency effect.
But in the second quarter, DSM also undertook the largest turnaround project on caprolactam in the Netherlands in its history. That added to the company’s woes.
“Sales prices declined significantly during the quarter due to uncertain macro-economic conditions causing weakening customer demand and destocking and due to some smaller new entrants,” DSM said of its Polymer Intermediates businesses.
Second-quarter segment EBITDA was in the company’s own words; “significantly below the record levels of 2011.”
It added: “This was due to weak margins arising from increasing benzene prices combined with falling caprolactam prices. At the end of the quarter, margins were significantly below the levels at the beginning of the quarter. Acrylonitrile margins declined too.”
Polymer Intermediates EBITDA was down a significant 68% , or €63m ($78m). The drop was sufficient to cut the EBITDA margin for the segment to 7.7% in the quarter from 22% in the second quarter of 2011.
The caprolactam, and to a lesser extent, acrylonitrile story has a familiar ring to it. Protecting margins in a fluctuating feedstock cost environment is never easy but particularly difficult under current conditions. Caprolactam was squeezed through the second quarter by the benzene price and, particularly, by weak customer demand.
Prices in May and June sank because of weak demand and a lack of buying interest in the nylon 6 sector, where customers were making purchases on a just-in-time basis and reducing inventories. End-use fibre and automotive sectors were weak.
Now producers are concerned they will not be able to pass on higher benzene costs in their own product prices because of the still weak end-use market conditions and the fact that August traditionally is a weak month.
DSM said it did not expect any significant improvement in business conditions for caprolactam for the remainder of 2012. The company also has scheduled plant turnarounds in the US and China.
The business is especially sensitive to GDP growth in China and to recent capacity expansions. Feedstock cost, in other words the cost of benzene, is all important.
Caprolactam, and to a somewhat lesser extent, acrylonitrile, were not the only businesses to be affected largely by macroeconomic uncertainty in the second quarter.
DSM’s Performance Materials segment EBITDA was also lower but by no means to the same extent. Segment sales were up 1%, the company said. Segment EBITDA was down 6% due fully to lower margins in the nylon 6 value chain which offset performance elsewhere.
Volatile and uncertain market conditions are expected to persist, DSM said, and trading conditions are not expected to improve in the second half compared with the first half of 2012.
DSM’s restructuring programmes in DSM Resins, announced in 2011, are said to be contributing to the bottom line. But the company on Tuesday outlined another major restructuring programme which will have an impact across most of the group.
The programme will lead to a reduction in the number of employees globally of 1,000 as business processes are streamlined and an even greater focus is put on sales growth and pricing.
“The global outlook for the second half of the year is more uncertain due in part to Europe’s inability to find an effective and sustainable solution to the financial challenges facing the eurozone,” DSM’s CEO Feke Sijbesma said.
“Because of the increased economic uncertainty, we are announcing today a Profit Improvement Program that includes structural cost reduction and other initiatives that will generate €150m EBITDA benefits by 2014.”
($1 = €0.81)
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Asian Chemical Connections


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HUAWEI has today released its annual financial report for 2020, a year that was marked by pandemic-related business disruption and sanctions imposed by the US government that had a drastic impact on the company’s business, especially smartphones. However, the company still recorded net revenue of CNY 891.4 billion (~ $136.04 billion), which amounts to a rise of 3.8 percent compared to last year. The net profit went up by 3.2 percent and touched the CNY 64.6 billion (~ $9.86 billion) mark.
HUAWEI's net profit went up by 3.2 percent and touched the CNY 64.6 billion (~ $9.86 billion) mark.
The Chinese market alone accounted for 65.6% of the net revenue, contributing CNY 584.9 billion (~ $89.26 billion) to the overall figures. However, the revenue from other markets recorded a steep decline. For example, revenue generated from the Americas went down by 24.5 percent, while the EMEA and Asia Pacific region witnessed a negative growth of 12.2 percent and 8.7 percent respectively.
From a business arm perspective, the carrier business remained relatively stable with only a 0.2 percent revenue growth, the enterprise business grew by 23 percent, while the consumer business only saw 3.3 percent growth. Talking about the consumer business, the downfall witnessed by the mobile business was negated by the other product categories that are a part of HUAWEI’s 1 + 8 + N strategy.
During the press conference, Hu mentioned that the ‘8’ and ‘N’ parts of the 1+8+N strategy compensated for the decline in smartphone business. For the unaware, here’s the breakdown: 1 (phones), 8 (AR/VR, tablet, PC, TV, smartwatch, speakers, vehicles, and audio wearable), and N (services like video and mapping, and a wide array of other hardware such as projector and printer).
HUAWEI’s smartphone strategy moving forward
“The supply restrictions for smartphone business have caused a great impact and we haven’t really been able to see a clear picture about the supply for smartphones. So at the moment, it is very difficult for us to make a forecast for our smartphone business,” Hu said while answering a question about HUAWEI’s strategy moving forward. However, the HUAWEI executive made it clear that the company will launch more flagship phones that are currently a part of its roadmap.
Hu’s statement also quashes rumors claiming that HUAWEI was planning an exit from the flagship phone game and might sell its Mate and P-series business to give it a chance of survival. The HUAWEI executive also pointed that interest in its latest foldable phone – the Mate X2 – was high, and the company aims to maintain that streak of smartphone innovation in the foreseeable future. However, the HUAWEI executive also pointed towards the global semiconductor industry shortage, and that a lot hinges on how the situation unfolds in th coming months.
“Because of the unfair sanctions placed on us by the US, our mobile phone business saw a revenue decline,” Hu said during the presentation. In its annual report, the company mentioned that the number of HUAWEI smartphone users has crossed the 730 million figure globally. The company also noted that the growth experienced by its HMS ecosystem has exceeded its expectations through 2020.
The road ahead is not an easy one for HUAWEI
“For the industry it has been a lose-lose situation. It [is] very unfair and caused a lot of damage to us” Hu was quoted as saying by MobileWorldLive regarding the impact of US sanctions, which has hurt sales of phones as well as its telecom gear. An executive told TheWashingtonPost that 2020 was ‘a really tough year for HUAWEI’ on conditions of anonymity. As per a Bloomberg report, smartphone shipments went down by 42% in the last quarter of 2020, falling behind international names (Apple and Samsung) as well as domestic rivals (OPPO and Xiaomi).
The main reason behind HUAWEI losing smartphone market share following the US sanctions was the lack of access to core Google services such as Maps, Gmail, and Play Store. While the aforementioned software shortcoming doesn’t mean much for the Chinese market, users in other regions where these services are at the heart of Android experience find it extremely limiting. Additionally, the sanctions also chocked HUAWEI’s supply chain, which means sourcing core components for smartphones also became difficult for the company.
One key reason why HUAWEI lost market share in China was the inability to diversify its 5G smartphone portfolio across different price brackets in 2020. And with the US government showing no signs of making things easy for HUAWEI with respect to the existing trade restrictions – and made things even trickier for 5G equipment trade earlier this month – remains to be seen how the company charts its business plan for the international markets.


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Oct. 11 (Bloomberg) -- Yahoo! Inc. Chief Executive Officer Carol Bartz topped a list of executives who are paid too much for running underperforming companies, according to a report by proxy advisory firm Glass Lewis & Co.
Bartz, who joined the company in early 2009, received $39 million last year, according to Glass Lewis, which is based in San Francisco. That was the highest compensation among executives at 25 overpaying companies in the Standard & Poor’s 500 Index, Glass Lewis said today.
To determine whether the company is paying too much, Glass Lewis weighs metrics including stock price, operating cash flow and growth in per-share earnings. Much of Bartz’s compensation included options to purchase stock at prearranged prices in the event the company meets certain targets. The executive aims to combat rising competition from Facebook Inc. and Google Inc. and reverse the slump that’s left sales little changed on her watch.
“Bartz represents a problem we find at many other firms with poor pay-for-performance grades: excessive compensation awarded to executives to encourage them to join or remain with a company,” the report said.
Dana Lengkeek, a spokeswoman for Sunnyvale, California-based Yahoo, said most of Bartz’s compensation was in stock options that Bartz could not “take home.” Bartz will be able to exercise options on 5 million shares if certain conditions are met, and they cannot be sold until 2013, except under certain circumstances, such as a change in control at the company.
“This was part of her joining back in 2009 and should not be looked at as an annual salary,” Lengkeek said.
The next-highest paid executives whose companies made the top 25 are Abercrombie & Fitch Co. CEO Michael Jeffries, with $38.5 million in total compensation, and Nabors Industries Ltd. CEO Eugene Isenberg, whose compensation totaled $38.2 million, according to Glass Lewis.
Representatives of Abercrombie & Fitch and Nabors didn’t immediately respond to requests for comment, left after business hours.
The 25 companies that overpay executives gave their top five leaders $34.3 million in average compensation, compared with $23.7 million for all of the S&P 500, the report said.
Apple Inc. CEO Steve Jobs was the lowest-paid CEO in the group of most underpaid executives. Jobs earned an annual salary of $1 last year.
Yahoo, based in Sunnyvale, California, reports third-quarter financial results Oct. 19. It had second-quarter sales of $1.13 billion, excluding revenue passed on to partner sites, short of the $1.16 billion average of projections compiled by Bloomberg. Total sales rose 1.4 percent to $1.6 billion last quarter, from $1.58 billion at the end of Bartz’s first quarter.
Yahoo slipped 8 cents to $14.41 at 4 p.m. New York time on the Nasdaq Stock Market. The shares have fallen 14 percent this year.
To contact the reporter on this story: Brian Womack in San Francisco at firstname.lastname@example.org.
To contact the editor responsible for this story: Tom Giles at email@example.com.


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East London’s Tech City started out as a hub for technology start-ups, but recently the likes of Google, Amazon and Facebook have invested in the area. Their arrival, said Mayor of London Boris Johnson,...
For years, IBM has provided customers a complicated plan based on four-hour rolling average of workload consumption
Data explosion and big data analytics behind Cray deal, claims HPE
Deliveroo plans to use the investment to expand its London-based technology team
The alleged criminals include five Russians who remain at large


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Riverdale’s resident gay Kevin Keller is growing up and kissing dudes. The comic queen gets to kiss his first boy and we can all thank those cantankerous, conservative caregivers of America, One Million Moms.
When Kevin locks lips with his boyfriend Devon in Pop Tate’s Diner, a watchful mother “gets very offended and kind of pitches a bit of a fit,” said Dan Parent, who writes and draws the issue.
“Kevin is kind of used to that,” Parent told the AP, “but Veronica records the whole thing and of course uploads it to the Riverdale equivalent of YouTube and that starts a bit of a debate.”
Parent was inspired by the protest launched by One Million Moms over Life with Archie No. 16. The cover featuring Kevin getting married was too much for the Moms, who brought down their disapproving tones and guilt-inducing stares upon Toys R Us. The chain cowed to their demands by not selling the comic near front checkout counters and as a result the issue sold out.
Since Archie himself is often only seen post-smooch, his pixelated face bearing perfectly lined lipstick traces, Keller’s probably getting more action than all of Riverdale. For Archie Comics’ publisher and CEO John Goldwater, Keller’s first kiss isn’t a way of seeming hip or current, but simply a boy’s coming of gay age.
“Just like when Kevin first told Jughead he was gay, it was in the natural course of conversation,” said Goldwater. “We are creating this in the same way. It’s just part of the story.”
Kevin Keller No. 10 hits stands August 7, followed no doubt by a protest from One Million Moms. You might want to pre-order yours since with that stamp of disapproval, copies will be scarce.


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DUNBRIDGE — Principle Business Enterprises Inc. has announced the promotion of Tricia Bell to general counsel and vice president, strategic risk management.
The Bowling Green Community Foundation is holding a raffle for a week’s stay at a home in Fort Myers, Florida, to help raise funds for the Foundation.
The Bowling Green Convention and Visitors Bureau is being dissolved as city officials look for ways to balance the budget.
The Bowling Green Chamber of Commerce will hold a Lunch and Learn webinar presented by the Ohio Chamber of Commerce with guest speaker James Yates of Eastman & Smith Ltd, Attorneys at Law.
The Bowling Green Community Foundation is now accepting applications from non-profit organizations and school districts within the 43402 and 43403 zip code for its 2020 grant program.
WALBRIDGE – Robert Dzierzak, of Perrysburg, has been promoted to vice president for GEM Inc., a Rudolph Libbe Group company.
PERRYSBURG — Yark Automotive Group has opened Yark Chevrolet at 26997 N. Dixie Hwy.
Daisy Boyer looks over a bag that is for sale along Main Street in front of Coyote Beads and Jewelry in downtown Bowling Green Thursday morning. Sidewalk sales hosted by local downtown businesses are happening through Saturday.
A force of nature runs Beyond Blends Hair Studio.
PERRYSBURG — Sun Federal Credit Union has completed construction of its new Perrysburg branch with an innovative, modern look and feel.
Ohio will have a sales tax holiday from Friday at midnight to Sunday at 11:59 p.m.
TOLEDO — The Toledo Metropolitan Area Council of Governments is creating a new website to serve members and the general public.
The Wood County Commissioners have approved the use of up to $250,000 of federal CARES Act funds for the Wood County Small Business Relief Program.
Business is percolating for Biggby Coffee owner Gary Dible.
It’s the same great food, but with fresh new faces at the Call of the Canyon Cafe and Catering at 109 N. Main St. in downtown.
With the grand opening of GloBall Golf on Saturday at the Woodland Mall in Bowling Green, minigolf with be back in the city for the first time since the early ‘90s.
PERRYSBURG – Cookie Cutters Haircuts for Kids, a one-of-a-kind haircut experience for both parents and kids alike, is now open.
Three longtime Bowling Green businessmen have had success in the bar business and most recently with a food venture.
DEFIANCE – First Federal Bank of the Midwest and Home Savings Bank, on Tuesday revealed their newly designed logo and brand identity for Premier Bank including their “Powered by People” tagline that honors the longstanding commitment both banks have to their customers, communities and employ…
TOLEDO — Nominations for the 25th annual 20 Under 40 Leadership Recognition event that salutes young, dynamic leaders under the age of 40 will be accepted through July 13. The 20 Under 40 program focuses on individuals in northwest Ohio and southeast Michigan who have distinguished themselve…
Restaurant owners are taking a step toward opening today, with outdoor eating options.
Coronavirus has been a hair-raising experience for area salons.
As area businesses adapt to coronavirus and reopen, many are not mandating masks — but are asking for customer cooperation.
Davenport-Yant achieves membership in Million Dollar Round Table
The number of homes sold across Ohio in March rose from the pace set during the month a year ago, posting a 6.5% increase, according to Ohio Realtors.
PEMBERVILLE — Business leaders have joined together to promote Pember Grove.
DAYTON, Ohio — A Bowling Green State University graduate is joining Midmark as vice president.
CYGNET – The K. Hovnanian Homes Bowling Green Build On Your Lot Design Studio offers one-stop shopping for those looking to build on a lot.
PEMBERVILLE — A desire to help in hard times, while maintaining social distance, have come together in the Eastwood area as a benefit raffle for area small businesses.
FINDLAY, Ohio - Cooper Tire & Rubber Company today announced that its tire manufacturing plants in the United States and Mexico will remain closed for at least another two weeks to protect the health and safety of employees and to respond to market demand that has been impacted by corona…
“You are getting $1,200 immediately from the government!” News of this government relief payment has been welcomed by consumers, but also by scammers, who are now using it to cheat folks who don’t know the details.
WALBRIDGE – Kyle Talkington, of Sylvania, has accepted the position of proposal and presentation manager at Rudolph Libbe Inc., a Rudolph Libbe Group company.
TOLEDO, Ohio — At auto parts maker Dana Inc., CEO Jim Kamsickas is like everyone else in the business, trying to manage competing needs for spending on electric vehicles of the future while keeping business associated with the internal combustion engine.
MAUMEE – Known as one of the nation’s most prominent and respected speakers in the health care industry, Bradford Koles, vice president and national spokesperson, Advisory Board – a best practices firm helping health care organizations worldwide – will speak on the current and future status …
Bowling Green State University is always looking for ways to take learning outside of the classroom. Recent involvement with Schooner Farms has led to tours, field trips, volunteerism and even possibilities to take classes at their facility to promote sustainability in the community.
PERRYSBURG – Tim Sherman, owner of Signature Harley Davidson, said that there can come a time when everyone will look in a mirror and decide that their life is ready for a new direction.
Blush A Bridal Boutique may not have a large history, being founded in 2010, but it has built up a reputation from its customers in Bowling Green.
Good customer service is what has helped keep United Home Comfort in business for 40 years.
It’s been 70 years since a group of Bowling Green parents decided the community should have a youth baseball program.
TOLEDO — On Dec. 20, 1920, the Ability Center began as a Toledo Rotary initiative, then called the Toledo Society for Crippled Children, to help children with disabilities.
The ThinkBG! rebranding of the Bowling Green area takes its next step with the upcoming release of a high-end lifestyle publication. That new magazine, along with an upgraded community portal both tell the public about all possible things to do, know or learn about Bowling Green Ohio.
Since Wood Lane Industries was transformed into a stand alone non-profit agency in 2016, the chief operating officer and her staff have found exciting ways to involve their 200 clients in the community, as well as discover innovative ways to bring in new sources of income.
DUNBRIDGE — Chuck Stocking will never forget how his once-vibrant great aunt was essentially killed by a problem nobody wants to talk about.
Bowling Green State University’s club sport student-athletes are gaining another level of care, thanks to a partnership between the College of Education and Human Development, the Department of Student Affairs – Department of Recreation and Wellness and Falcon Health Center.
Wood County Hospital works to best serve the community to meet their needs by providing new services, expanding programs and creating education about healthcare for the community.
Customers coming into Sterling Amish Deli, 133 E. Wooster St., will find a refreshed and restored eatery that has maintained the tradition of offering fine Amish meats and cheeses as well as daily specials like beef and noodles and BLT’s.
PERRYSBURG – Change Of Seasons, a boutique-style clothing consignment store, is not just part of an industry that of recycles good clothes back into the economy.
PERRYSBURG — According to Kirk Falknor, co-owner of Blue Pacific Grill with his wife Becky, “when you take a job, you take the job and do it. You be dedicated to it.”
Control Design Solutions founder Dave Wagner said his company doesn’t create the robotic food industry machinery that prepares and packs food into containers.
A Bowling Green State University graduate will serve as chief financial officer of Suburban Natural Gas Company.
TOLEDO — Finding jobs with excellent starting salaries is highly likely for Mercy College of Ohio graduates, according to a study released by Georgetown University. Among 4,500 colleges and universities, Mercy College was ranked in the top 2% for Return On Investment after 10 years and the t…


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This morning at Google I/O, the company announced some of the bigger new features in the next iteration of its mobile OS, Android O. While it doesn’t look to be an overhaul of the OS in any way, these two new features that were announced will have Android fans very interested.
We don’t know the dessert it’ll be named after yet, but we do know that these two features are game changers for the future of Android:
Android has had a hard time getting multitasking to really work, especially on the tablet side of things. However, Google announced a new multitasking option called Picture-in-Picture that could really work well. We’ve got something like this already on the iPad Pro, but the difference here is that Android will let you do it on your phone and with any app.
We don’t know all of the apps that work with Picture-in-Picture, but the two most helpful examples Google showed off were YouTube and Google Maps. In both cases, while having a YouTube video playing or having a Google Maps trip started, just press the Home button to close you out of the app, but leave it open in a smaller window.
It’s similar to what Google has done within the YouTube app for years now, except on a system-wide scale. The smaller windowed apps are not just minimized versions of the full app, they are specially made for use in Picture-in-Picture mode. You can move it around the screen, as well as flick it away to close it.
As always, the most interesting thing to see will be how developers begin using this kind of multitasking in its third party apps. Let’s get some Netflix and Spotify support going!
The second big feature to Android O isn’t a standard “feature” at all. Instead, it’s a massive performance upgrade happening within the OS itself. Google didn’t go into detail on all of what was happening behind the scenes, but Director of Product Management Stephanie Saad Cuthbertson said that there was all sorts of changes to background processes to make apps run smoother and boot up faster. She stated that apps should boot up twice as fast on the Pixel and—as an example—common actions in an app like Google Sheets perform twice as fast as well.
She also stated that in Android O, there are limitations being put in to protect battery life, which is something that just about every smartphone out there struggles with. “These boundaries put sensible limits on usage,” she said. “They’re protecting battery life and freeing up memory.”
Google also showed off a couple of other features such as some nifty changes to cut and paste, as well as Notifications Dots, which will let you know when an app has a notification for you right on the Home screen.
Those are just a few of the new features in Android O, which is going into beta testing today.


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Instacart, the grocery supplier, announced Tuesday that it had raised an additional $ 265 million for $ 39 billion in funding, more than doubling its valuation for the second time in a year.
Andreessen Horowitz and Sequoia Capital, existing investors in Instacart, participated in the most recent funding of the eight-year-old start-up. Last year Instacart launched two funding rounds totaling $ 525 million. It was previously valued at $ 17.7 billion.
The pandemic has accelerated Instacart’s growth. Customers who do not want to shop in stores use the company’s app-based grocery ordering service. Lay-off workers have also turned to gig economy jobs like shopping at Instacart to make money. Instacart now has 500,000 buyers working on the contract.
“Last year ushered in a new normal and changed the way people shop for groceries and merchandise,” said Nick Giovanni, Instacart’s chief financial officer, in a statement.
Instacart weathered criticism of its business model as it expanded. Earlier this year, the layoffs of some of Instacart’s few unionized workers led to allegations of union breach. According to grocery stores, the app’s fees of around 10 percent have made it difficult to make a profit.
The company supplies goods from 600 retailers in 45,000 stores across the United States and Canada. It has expanded beyond groceries to include office supplies, sporting goods, prescription drugs, and pet supplies from chains like Staples, Dick’s Sporting Goods, CVS, and Petco.
Instacart said it plans to use the new funds to hire more employees and expand business areas, including advertising for consumer products companies and enterprise software for retailers.
In a statement, Andreessen Horowitz’s partner Jeff Jordan said his company was impressed with the way Instacart showed resilience to the pandemic and “reached the moment of 2020”.
The company was named as a candidate for the IPO. In January, she appointed Mr. Giovanni, formerly Goldman Sachs, as Chief Financial Officer.


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Contextere announced that it will collaborate with Samsung Electronics America Inc. to bring contextere’s intelligent personal agent for industrial workers to Samsung Gear S3 wearables. The contextere software, which provides industrial workers with the right information, at the right time, on the right device, will also leverage the Samsung GearUP Wearable API Marketplace on the company’s wearable devices to deliver AI-powered capabilities such as real-time health intelligence, geo-location for improved safety, and notification task alerts and hands-free calling.
The partnership between contextere and Samsung combines each company’s strengths — Samsung’s GearUP platform, which collects biometrics, geo-location, and other contextual information, coupled with contextere’s machine learning algorithms. This results in unparalleled actionable intelligence for industrial companies, including the ability to provide workers with critical procedural guidance and notifications related to their job. For example, a manufacturing worker can be alerted to breakdowns in hydraulic systems, while an aviation worker can receive pre-defined geo-location alerts informing them of their next work site location. This occurs via a wearable, while monitoring real-time stress, making for a safer, more productive work environment.
“contextere is focused on human-centric innovation, and our collaboration with Samsung exemplifies this,” explains Gabe Batstone, contextere CEO. “We are excited to bring our transformational industrial software to Samsung users, as well as our customers in Aerospace, Energy and Smart City markets. This includes Lockheed Martin Aeronautics, as part of their C-130J Super Hercules program, who earlier this year invested in the development of an intelligent personal agent for aircraft technicians.”
Internet of Things“Lockheed Martin is committed to delivering innovative technology on our aircraft platforms deployed around the globe,” said Charles Bouchard, Chief Executive of Lockheed Martin Canada. “This is another example of how our technology investments benefit countries and customers by enabling new partnerships and ultimately new solutions.”
“contextere is working to augment the industrial workforce through contextual and timely information,” said Nitesh Jain, Head of Digital Health and Wearable Services, Services & New Business at Samsung Electronics America, “and they are a great addition to Samsung’s GearUP ecosystem. This collaboration will explore advanced wearable technology solutions as a means of addressing critical pain points impacting health, safety and productivity.”
Availability of the contextere application on the Samsung Gear S3 is expected in Q1 2018.


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Professor Mark Skilton from Warwick Business School comments on France passing a new digital services tax and the US administration's arguments that it unfairly targets American businesses.
He said: “A key point is this is hardly surprising given the Trumpian talk and policy of “America First” from the White House. If you look at these policy documents from 2016 onwards they contain no hint of collaboration or recognition of other people or countries that they have enriched themselves on, and seek to reinforce “American First” everything.
“These companies in the digital economy are not paying a true representation of the national tax in those countries that they dominate in. This French action is the most direct action to date to fix this, rather than seeking collaboration in the legal courts that get nowhere and treated as a game by the American lobbyists to delay. What do they expect? For example, GDPR does protect data rights but the basic problem of data access is still locked down by these American companies inspire of their filibustering in court and on the Hill. “American Last” policy is growing as a result, either from direct action like the French or as a longer term impact of alleged wrongs by some American current policy makers dressed up as “national security”, when the writing on the wall of the White House policies are all about entrenchment and nationalism.
“The French action on the problematic dominancy of American cloud computing and social media platforms has been a long time coming. Even with their US-own review of the dominance of these platforms, the Trump administration reaction is typical for its own interests perspective. The actions by the French and Europeans is a result of market forces that are seeking to make a more fair playing field for countries that have to deal with monopolies that own 80 to 90% of the real data traffic online. They (Facebook, Google, Amazon and others) respond saying they add more value and are “free” but the truth is one-sided, they are not free at all in the real sense of business market access and competition, with no consumer choice or no real consumer and business control over their own data.
“The French action I hope will be the first of many more, the tariff threats will come but the reality post Trump sooner in 2020 or later in 2024 is that the digital internet market will be reset by the many other countries that make up the world, not America, it’s just a matter of when.”
11 July 2019
Media Relations Manager (Warwick Medical School and Department of Physics)
Tel: +44 (0)24 761 50868
Mob: +44 (0) 7824 540863


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Analysts expect Activision Blizzard, Inc. (NASDAQ:ATVI) to report $1.33 billion in sales for the current quarter, according to Zacks. Eight analysts have issued estimates for Activision Blizzard’s earnings, with the lowest sales estimate coming in at $1.28 billion and the highest estimate coming in at $1.40 billion. Activision Blizzard posted sales of $1.20 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 10.8%. The business is scheduled to announce its next earnings report on Thursday, May 3rd.
On average, analysts expect that Activision Blizzard will report full-year sales of $1.33 billion for the current year, with estimates ranging from $7.44 billion to $7.76 billion. For the next fiscal year, analysts anticipate that the company will post sales of $8.09 billion per share, with estimates ranging from $7.89 billion to $8.30 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that cover Activision Blizzard.
Activision Blizzard (NASDAQ:ATVI) last posted its earnings results on Thursday, February 8th. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.02. The firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.55 billion. Activision Blizzard had a return on equity of 17.48% and a net margin of 3.89%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.65 earnings per share.
In related news, CEO Riccardo Zacconi sold 19,761 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $70.99, for a total transaction of $1,402,833.39. Following the transaction, the chief executive officer now owns 34,398 shares of the company’s stock, valued at $2,441,914.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Stephen G. Wereb sold 120,521 shares of the company’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $72.38, for a total value of $8,723,309.98. Following the transaction, the insider now directly owns 48,511 shares in the company, valued at approximately $3,511,226.18. The disclosure for this sale can be found here. Insiders have sold 2,701,258 shares of company stock worth $191,727,094 in the last ninety days. 2.12% of the stock is currently owned by corporate insiders.
Hedge funds have recently made changes to their positions in the stock. Oppenheimer & Co. Inc. grew its holdings in Activision Blizzard by 94.4% during the third quarter. Oppenheimer & Co. Inc. now owns 66,349 shares of the company’s stock worth $4,280,000 after acquiring an additional 32,224 shares during the period. Carmignac Gestion grew its holdings in Activision Blizzard by 0.5% during the third quarter. Carmignac Gestion now owns 5,920,188 shares of the company’s stock worth $381,911,000 after acquiring an additional 26,761 shares during the period. Pacer Advisors Inc. grew its holdings in Activision Blizzard by 13.7% during the third quarter. Pacer Advisors Inc. now owns 28,080 shares of the company’s stock worth $1,811,000 after acquiring an additional 3,391 shares during the period. QUANTRES ASSET MANAGEMENT Ltd acquired a new position in Activision Blizzard during the fourth quarter worth $1,171,000. Finally, Fox Run Management L.L.C. acquired a new position in Activision Blizzard during the fourth quarter worth $731,000. 85.61% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Activision Blizzard (NASDAQ:ATVI) opened at $71.68 on Friday. The firm has a market capitalization of $54,378.74, a P/E ratio of 199.11, a P/E/G ratio of 1.91 and a beta of 1.10. Activision Blizzard has a 52 week low of $47.80 and a 52 week high of $79.63. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.77 and a current ratio of 1.78.
WARNING: “Analysts Anticipate Activision Blizzard, Inc. (ATVI) Will Post Quarterly Sales of $1.33 Billion” was first reported by Week Herald and is the property of of Week Herald. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://weekherald.com/2018/03/18/analysts-anticipate-activision-blizzard-inc-atvi-will-post-quarterly-sales-of-1-33-billion.html.
About Activision Blizzard
Activision Blizzard, Inc is a developer and publisher of interactive entertainment content and services. The Company develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC) and mobile devices. Its segments include Activision Publishing, Inc (Activision), Blizzard Entertainment, Inc (Blizzard), King Digital Entertainment (King) and Other.
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is feeling the pain from the smartphone slowdown.
The South Korean electronics giant on Monday reported a 6 percent rise in operating profit, its lowest profit growth in more than a year. It also logged a 4 percent increase in revenue as it benefited from continued strong demand for its memory chips, which are used in everything from
But its earnings were hurt by a slowdown in demand for its newest phones, the Galaxy S9 and S9 Plus, which included relatively minor tweaks from their predecessors. Revenue in Samsung's mobile division declined 22 percent in the quarter to 22.67 trillion won ($20.2 billion). The company also warned that "market condition will likely remain challenging in the second half amid pricing competition and new product launches."
The company said it would respond to the decline with the early introduction of a new
The smartphone market has been slowing down in recent quarters. It's become harder for handset vendors to make huge changes in their devices and differentiate from one another. Prices for the latest and greatest phones have actually increased at the same time US carriers have gotten rid of subsidies. All of that's meant people are waiting longer to upgrade.
Analysts had expected Samsung's smartphone sales to drop in the quarter, after reporting a slowdown in demand for its newest phones in the first quarter. The results aren't a complete surprise; the company warned in April that its second-quarter profits in its mobile business should decline sequentially "due to stagnant sales of flagship models amid weak demand and an increase in marketing expenses."
Samsung is best known as the world's biggest phone and TV maker, but it also sells more memory chips than any other company on the planet. Last year, Samsung became the world's biggest semiconductor maker in terms of revenue, beating out the long-term leader
This quarter, Samsung's memory business revenue soared 33 percent to 18.5 trillion won ($16.5 billion). Its overall semiconductor business sales jumped 25 percent to 21.99 trillion won ($19.6 billion).
Samsung said profits in its display business were hurt by slow demand for flexible OLED panels and declining prices for LCD panels. (Flexible OLED displays let smartphone makers curve the screens of their devices.) The company said it expects growing demand for flexible OLED panels to drive earnings higher in the second half of the year.
Overall, Samsung reported revenue of 58.48 trillion won ($52.3 billion) and an operating profit of 14.87 trillion won ($13.3 billion).
The Smartest Stuff: Innovators are thinking up new ways to make you, and the things around you, smarter.
It's Complicated: This is dating in the age of apps. Having fun yet?


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Canadian athletic wear retailer to make U.S. store debut
RYU Apparel is coming to the Big Apple.
RYU (Respect Your Universe) announced plans to open a store in in the hip Williamsburg section of Brooklyn. The 2,800-sq.-ft. store, the brand's first in the U.S., will open in the first quarter of 2018.
Originally founded in Portland, Oregon, RYU is an athletic apparel and accessories brand engineered for the fitness, training and performance of the multi-discipline athlete. Marcello Leone, whose parents founded Canadian luxury retailer Leone, took the company over in 2014. Leone moved RYU's headquarters from the United States to Vancouver, British Columbia, and revamped the brand to give it broader appeal. It currently operates four locations in Canada, with a fifth opening in October.
"We are excited to announce this important next step in the growth of RYU as a global brand," said Leone, CEO and president of RYU. "Expansion into the New York City area allows us to create connections and build community in one of the most influential athletic and fashion markets in the world."
Originally founded in Portland, Oregon, RYU or 'Respect Your Universe', is an athletic tech-style apparel brand engineered for the fitness, training and performance of the multi-discipline athlete. Marcello Leone, son of the founders of Vancouver-based multi-brand luxury retailer Leone, took the company over in 2014 and spearheaded an overhaul which saw its headquarters moved from the United States to Canada.


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The Oman American Business Center (OABC) will host a free informational session for Omani exporters interested in promoting their products in the United States.
The session will discuss how to attend ASD Market Week, one of the oldest and largest consumer trade shows in the US, now available for online attendance.
Though the show cannot be conducted in-person, many are anxious to get back to business, which is why the organisers announced plans to launch the Virtual Product Sourcing Platform, from October 2, 2020, to March 2021.
This virtual directory gives the 225,000 invited buyers and 2,700 vendors the opportunity to connect and conduct business-to-business meetings. Buyers can source new products, refill orders and schedule appointments all through the online platform.
This virtual platform enables vendors to showcase their products in an easy to navigate directory.
At the end of the online trade show, exporters are also invited to attend a full scale, live edition of ASD Market Week on February 28-March 3, 2021, in Las Vegas, NV.
The show focuses primarily on wholesale of fashion accessories, housewares, gifts and toys, apparel, affordable footwear, holiday and seasonal merchandise, souvenirs and novelties, electronic accessories, bedding and bath, health and beauty products and general merchandise.
“Oman is one of only 20 countries in the world, and one of two countries within the GCC, that has a free trade agreement with the US,” explained Ali Daud, chairman of the OABC.
“In this exclusive club of trade partners there is so much untapped potential ready to be explored. This online opportunity is a fantastic chance for Omani exporters to engage with the world’s largest economy and fish in the world’s largest ocean.”
“We are extremely excited to support companies looking to attend this event,” said Rebecca Olson, executive director of the OABC.
“The first unique opportunity presented here is the chance to connect with buyers over a long period: rather than 2-3 days, attendees can plan meetings and make connections over several months. The second opportunity relates to cost – typically to exhibit at a show in-person could cost upwards of US$20,000. This show will cost less than 1/10 of that price, and could provide value and help companies gauge whether or not to make the trip in-person in 2021.”
After the info session, those who wish to register for the trade show will have the experience and support of the OABC at their service.
All members of the OABC will receive specialised training over multiple days, focused on how to attend the trade show and make the most of the experience as a vendor.
While the info session is mainly focused on companies looking to export to the US, importers in Oman may also attend the session.
Many of the vendors exhibiting will have ‘Made in USA’ products available. Thanks to the FTA, these products enter Oman duty-free.


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If you still haven’t booked your summer holiday, travel expert Eoghan Corry has some tips to help you save money.
Eoghan warned that flights to Spain are expected to be very expensive this summer as demand is high and airlines seek profits after a difficult few years due to Covid.
He said if you are booking now July might be a better time to go than August.
Read more: Holidays in Spain: Current Covid-19 entry restrictions extended by a month
Eoghan told RSVP Live: “There is no doubt that airlines are looking for margin.
“The rates they put in place for July and August were quite expensive. We can see the July rates go down a bit as they are obviously not booked in the volume we thought. But the August rates are still students.
“Ryanair said it expects the average fare for 2022 to be higher than 2019. As far as Michael O’Leary is concerned, he is still chasing higher prices. One of the things that worries him about the market is that rising prices for everything else will reduce the holiday budget.”
If money is tight, Portugal or Croatia might be a better option for fun in the sun.
“The demand for Spain is holding up, but the demand for Portugal is not as strong,” explained Eoghan.
“Somewhere like Croatia is very interesting – we have new routes to Croatia and it depends very heavily on the Russian market.
“So all those hotel beds that would have been occupied by Russians won’t be and they have to be sold to someone else for there to be opportunities for Irish holidaymakers there.”
He suggested keeping an eye out for new air routes opening to save some pennies.
“When an airline opens a route, it takes about a year for them to market themselves so that you get better fares there.
“For example Madeira from Ryanair, twice a week, that’s a good example.Alghero in Sardinia. There is a small town called Nîmes between Avignon and Marseille and there is a direct route from Ryanair.”
Read more: Thousands of Irish holidaymakers could be arrested heading to Spain and Portugal
Read more: New travel rules update for Irish holidaymakers traveling to EU countries


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Investing During the Pandemic; What Should I Do With My Money?
Patrick Carroll poses the question, given the extreme uncertainty of operations today, which industry or industries makes the most sense to invest in next?
Given the current state of the country, the most immediate need is without a doubt the COVID-19 relief through financial and healthcare measures. As a survivor of COVID-19, Patrick Carroll, our CEO and Founder, knows the effects of Coronavirus, and he is actively looking for new ways to assist those impacted.
But looking beyond the next few months, it's important to have the forethought and insight to make smart investments and scanning what the climate will be like in the next few years. What industries or products will see a spike? What industries or products will dwindle? Looking to the future, Carroll is asking these questions and leaning more towards the health and wellness sector as the next big bet.


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BRISTOL, U.K. -- Despite dwindling populations of wild tigers in the world, Chinese traders are managing big businesses in tiger farms. This is set to grow after Beijing made a controversial announcement late last month permitting the sale of farmed rhino horns and tiger bones for the development and practice of traditional Chinese medicine for the first time in 25 years, shocking nations worldwide.
Thousands of tigers are kept and raised in often cruel conditions to supply bone and other body parts for the traditional Chinese medicine industry. Across the world in South Africa, rhino farmers are lobbying governments and environmental organizations to make legal the international sale of rhino parts to satisfy Asian demand.
Many Chinese believe that the protein and calcium in tiger bones have anti-inflammatory effects and that the keratin in rhino horn can cure anything from cancer to a hangover. Some believe that tiger penises are aphrodisiacs and practitioners of traditional Chinese medicine claim that even tiger teeth, skin and eyelashes have their use in treating ailments or improving health.
Such claims have consistently been rejected by the scientific community but these beliefs are deeply rooted in Chinese culture. By making the sale of these animal parts legal, Beijing is implicitly backing the traditional Chinese medicine industry and stimulating demand as a result.
This is a great cause for concern for these species. "The worst-case scenario is that the tigers in the wild disappear," said Gabriel Fava of the Born Free foundation, a leading charity working against animal exploitation.
The demand for these products far outweighs supply within China, which is not a native habitat for rhinos and where as few as 50 tigers remain in the wild. The pressure on the last remaining wild tiger population is "too great a gamble for China to take," said WWF Wildlife Practice Leader Margaret Kinnaird.
Since late August, rhino horn has been on sale legally in South Africa, after a court lifted a domestic trade ban in April. Many expect much of the horn to find its way to East Asia, even though South Africa remains committed to a worldwide ban on international trading.
Illegal trafficking of animal parts into China is common. A tiger bone can fetch as much as $2,000, while a rhino horn can cost up to $60,000 per kilogram.
Tigers could now suffer the same fate as the pangolin. Even though China allows sourcing within the country of roughly 25 tonnes of pangolin parts annually, equivalent to over 25,000 animals, demand far exceeds this. Today, the pangolin is the world's most trafficked animal.
Although a ban on the use of rhino horn and tiger bone from wild animals has been in place in China since 1993, the use of these products from captive sources has seen a slow and steady growth in its shadows.
"From at least 2005 onwards, companies running tiger farms and tiger bone wine breweries started lobbying the government to repeal the 1993 State Council order," said Debbie Banks at the Environmental Investigation Agency, a London-based organization that investigates environmental crime.
She pointed to an EIA investigation in 2012 that showed that the government allowed the pilot use of bred tiger bone for medicinal purposes from 2005. The EIA warned such a move would "encourage the growth of the captive-breeding of tigers to supply a quietly expanding legal domestic trade."
China has a questionable reputation when it comes to conservation policies, but its recent decision was still unexpected, especially after it banned the domestic sale of ivory at the start of the year. Banks said the announcement "runs completely counter to the commitments under the London Conference on Illegal Wildlife Trade [held in October] to eradicate markets, and to China's commitments under the Convention on International Trade in Endangered Species."
In South Africa, where the trade ban in rhino horn was lifted, a lack of local demand has resulted in a collapse of private businesses. As international trade remains illegal, stockpiles of legal horns stay unsold in safe houses as poaching for the Asian black market continues.
The EIA estimates that 7,000 tigers are kept in captivity across China, Southeast Asia and South Africa, almost double the number of wild tigers worldwide.


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Former SAP exec starts electric car power station company
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Shai Agassi, a former SAP executive, said Tuesday that he's formed a company that will deploy the infrastructure to support electric vehicles through a grid of electric charging spots and battery exchange stations.
The Palo Alto-based entity, Project Better Place, will raise its first round of funding -- $200 million -- with investments from Israel Corp., Morgan Stanley, VantagePoint Venture Partners, and a group of individual private investors managed by Pomona Capital CEO Michael Granoff.
"Our global economy urgently needs an environmentally clean and sustainable approach to energy and transportation," Agassi said in a statement.
The company aims to provide consumers with energy to keep electric cars charged and driving without the need to wait for electricity during a trip -- now one of the barriers to widespread electric vehicle adoption. Project Better Place in its first phase will focus on establishing a repeatable framework of electric recharge grids through local operating companies in multiple countries. In addition, the company plans to secure partnerships with a supply chain of car makers, technology providers, and global and local financing institutions. The company said it is in discussions with various governments to establish pilot sites, with plans to begin rollout of the new infrastructure in early 2008.
The company's business model will be similar to that of mobile phone operators. In the same way that wireless operators deploy a network of cell towers to provide an area of mobile phone coverage, Project Better Place will establish a network of charging spots and battery exchange stations to provide access to electricity to power vehicles. The company will work with car makers and source batteries so that consumers who subscribe to the network can get subsidized vehicles which are cheaper to buy and operate than today's fuel-based cars. Consumers will still own their cars and will have multiple car models to choose from.
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Cheryl Baker, Mike Nolan and Jay Aston as delighted to finally announce the release of their first new album together in over 20 years - FAME AND FORTUNE!
The album will be released to coincide with Eurovision and should be available to buy from around the 24th May 2012. Actual release date will be published in due course.
The album is a mix of brand new material and completely re-worked BUCKS FIZZ HITS - brought right up to date with a new feel for a new generation.
We hope you will enjoy the album and this new material is the first of many new tracks to come.


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ADOTAS – So you regular Adotas readers might have noticed lovable, furry old Gavin took last week off — many thanks to my fantastic substitute, Sarah Novotny. While I was away, I received a lot of interesting news that I wanted to give some (albeit brief) coverage.
Data engine eXelate has launched its Premier Media Partnership with initial participants AdBrite, Accordant Media, Adap.TV, Collective Media, Interclick, Invite Media, Lucid Media and Media Math. Members of the partnership will have access to eXelate and third-party data through a high-quality media package that offers transparecny in regards to reach, performance and privacy certification.
As part of a new partnership, CBS Interactive Music Group’s national sales team (in addition to sellers representing Last.fm in the United Kingdom and Germany) will now be able to target video campaigns across ToneFuse Music’s 100+ websites.
Mobile ad network Millennial Media has launched its Window Phone 7 SDK for application developers.
e-commerce enabler ShopVisible launched the new ShopVisible Social Commerce platform, which allows consumers to research, browse and purchase retailers’ products without ever leaving Facebook.
Mobile marketing platform Augme has expanded delivery options for coupons from SmartSource.com, allowing consumers to choose which coupons they want delivered to any Internet-enabled phone, smartphone or mobile device.
Content curation expert HiveFire has launched its partner program, allowing marketing and PR professionals to incorporate content curation into client campaigns through HiveFire’s Curata.
Mobile ad network Jumptap is the proud owner of four new U.S. patents.
Asia-Pacific digital media network Komli Media — which owns Indian online and ad measurement platform VizSense and whose network boasts a reach of 45 million uniques across more than 2,000 websites, including Facebook and Bloomberg — raised $15 million in a round of funding led by Norwest Venture Partners with participation by existing investors Nexus Venture Partners and Helion Venture Partners.
Cross-platform, native app builder Appcelerator acquired Aptana, an integrated development environment for building web apps.
Student and youth travel agency StudentUniverse.com has launched StudentUniverse Media, a digital advertising and marketing agency with a focus on the college and youth markets.
Email marketing software provider Emailvision has acquired social media marketer ObjectiveMarketer.
Daily discounter Groupon has chosen Vertica Systems’ Analytics Platform to analyze subscriber behavior.
Video advertising platform Jivox introduced the ability to deliver a single video ad across the Internet, social media channels and all mobile devices.
Signature security agency Krux Digital has formed an alliance with online privacy firm PrivacyChoice to give consumers more control over how their audience data is collected and used in targeted advertising and enhanced content and commerce experiences.
Paid search management platform Marin Software has expanded into the Asia-Pacific region and partnered with Chinese search engine Baidu.
Performance-based mobile marketing network Moolah Media has expanded its offerings to Android.
Digital media workflow specialist TRAFFIQ has partnered with dynamic display firm Tumri to offer Tumri Ensemble’s data-driven dynamic display to Trading Desk users.


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The Economic and Financial Crimes Commission (EFCC) Kaduna Zonal office has arrested a councillor representing Kakuri Hausa, Ward, Kaduna South Local Government of Kaduna State, Hon Theophilus Madami for offences bordering on alleged criminal breach of trust and misappropriation of funds to the tune of Eleven Million Eighty Thousand Naira.
The suspect, allegedly approached one, Ibrahim Ringim Haruna, Chief Executive Officer of Pyramid Supplied Services Limited, a distributor of pasta products, with claims that his council needed pasta products for distribution to its citizens.
Consequently, the company, sometime in November, 2018, supplied products worth sixteen million, eighty thousand naira only (N16,080,000) to the suspect who paid a deposit of N5m, leaving a balance of N11.080,000.00.
After delivery of the goods, he diverted the proceeds his personal use and refused to pay the balance as agreed.
The suspect will be charged to court as soon as investigation is concluded.
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Infinix Hot 11 2022 price in Pakistan
Infinix Hot 11 2022 price in Pakistan is expected to be Rs. 28,999. Infinix Hot 11 2022 Expected to be launched on Apr 20, 2022. This is 4 GB RAM / 64 GB internal storage variant of Infinix which is available in Various colours.
Expected Price of Infinix Hot 11 2022 in Pakistan is Rs. 28,999.
Expected Price of Infinix in USD is $216.
Infinix Hot 11 2022 - A Low-Budget Phone
Infinix is unveiling a new Hot 11 smartphone which will be a new modal 2022. The Chinese company Infinix is launching a new smartphone of its Hot series. The newcomer will be launched in neighborhood country. The coming smartphone will be a budget-friendly phone and will be called an Infinix Hot 11 2022. This device got a Chipset of UNISOC T700 to give more power to this device and it has an Octa-Core processor inside the phone to make the device ultra fast. Also, there is a GPU of ARM Mali-G52 under the hood of this Infinix's Hot 11 2022. The coming device has got a 6.8 Inches big screen size and It will provide the user with full HD plus the resolution of 1080 x 2408 Pixels. The new Infinix Hot 11's going to have an IPS LCD Touchscreen Capacitive display that is the latest one and well known for its outstanding results. This handset will be paired with a gigantic RAM capacity of 4 gigabytes. The chipset and the RAM capacity of the Hot 11 2022 by Infinix show that it will enable the user to execute things with the coming handset within seconds. The internal storage capacity of the smartphone is 64 gigabytes that are enough to store a huge amount of data for future use. The Infinix 11 2022 will come equipped with a Triple Camera setup. The main sensor of the handset will be 42 megapixels and the secondary sensor will be 2 megapixels, 2 megapixels. The selfie shooter of Infinix Hot's 11 2022 will be 8 megapixels. In this upcoming new device, you will find a rear-mounted sensor to protect your data from loss. The battery of this Hot 11 2022 is 5200 mAh to give full-day use to the users. And also there is fast battery charging of 18W. This 11 2022 will give through time to its competitors like Samsung and others.


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In short: these sanctions weigh heavily on the Russian economy, as opposed to the Kremlin and the economy itself National rally in France insist.
Longer version, if you’re in good shape: Western sanctions against Russia since Ukraine invasion, according to Russian propaganda “A War of Economic Devastation in the West”will be opposed by said persons “Expansion” too “Prosperity” Russian economy. This is the story “just wrong”These experts explain, who condemn “Selected Figures” By Russian President Vladimir Putin.
According to their study, “Company Exits and Sanctions Crippling Russian Economy in the Short and Long Term”. Sanctions prevent many companies and countries from continuing to trade with Russia. The country is struggling to get spare parts and raw materials or to acquire some essential technologies.
Image is dark: “Despite illusions of self-sufficiency and import substitution (…), Russian domestic production is completely halted and there is no ability to replace the lost companies, products and talent. » Companies that have left the country “representing about 40% of its GDP, undoing nearly three decades of foreign investment”The authors of this survey also argue that
To overcome these weaknesses, Vladimir Putin “Using unsustainable financing and monetary intervention”and Kremlin funding “are in a more desperate situation than has been admitted”.
as “Perspective for China” Favored by Vladimir Putin, it may be based on “unrealistically optimistic assumptions”. “Russia is China’s smallest trading partner. (…) And most Chinese companies are not at risk of violating US sanctions.”, thus describing the authors of the study. Chinese companies are also pointing out “Many of the technologies needed to sustain and service Russia’s oil and gas supply are not available upstream. »
According to the International Monetary Fund, Russia will see its gross domestic product (GDP) shrink by 6% in 2022, according to its latest forecast released on Tuesday.
“Alcohol enthusiast. Twitter ninja. Tv lover. Falls down a lot. Hipster-friendly coffee geek.”


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Sony has poured a lot of resources and effort into pushing its 3D-related offerings, ranging from 3D-capable source devices to 3D TV displays. Key in the company’s strategic roadmap is its heavy involvement in developing and supporting 3D games which is seen as the “killer 3D content” crucial to stimulating 3D TV adoption. So far Sony has released a firmware update that adds 3D gaming functionality to the Playstation 3 (PS3), and launched several 3D games such as Wipeout HD, Super Stardust HD, PAIN, and a demo version of MotorStorm Pacific Rift, with further eagerly awaited 3D incarnations of Killzone 3 and Gran Turismo 5 to follow.
But there remain some doubts whether the Sony PS3′s inherent hardware bottleneck can truly allow 3D games to flourish – in a previous news article we pointed out that the rendering of 3D games places a much higher processing demand on the console’s chipset compared to 2D games, and so necessitating a compromise in either graphics quality or frame rate.
True enough, according to the official guidelines unveiled at a conference event for European game developers this week, Sony has placed a maximum resolution limit of 720p for 3D games played on the PS3. Speaking at the Develop Conference in Brighton, Sony Computer Entertainment Europe’s senior development manager Simon Benson said that although the Sony PS3 is capable of rendering 3D images at 1080p, the console will scale down native 1080p games (for example Super Stardust HD) to 720p resolution when running in 3D mode.
He explained that the ceiling resolution of 720p is imposed to prevent 3D games from dropping below 60fps (frames per second), therefore ensuring that gamers can still enjoy a smooth 3D gaming experience. Mr Benson conceded that a “more cinematic game” may benefit from a higher resolution but at a lower frame rate (after all Sony is going to release a firmware update in September that will enable the PS3 to playback 3D Blu-ray movies in 1080p at 24fps), but unfortunately such a setting is not permitted within the current framework.
Mr Benson was quick to reassure that this 720p resolution cap for 3D games would probably go unnoticed by the majority of gamers, claiming that even well-trained computer graphics designers can barely tell the difference between 720p and 1080p in 3D. Most 2D games do not run natively in 1080p anyway, so this 720p resolution cap for the sake of 3D can hardly be construed as a significant downgrade.


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A new event always provides a fresh marketing platform for tourist resorts and a great new opportunity for the local hospitality industry.
Bournemouth is well known for its wealth of events, but newest is the Bournemouth Wheels Festival. Billed as the largest free family wheels-themed festival, it took place over the May Bank Holiday weekend in 2014 and featured static displays, animated shows and demonstrations across the town.
To gauge the value of a new event in a coastal setting, the NCTA commissioned an independent evaluation report, undertaken by Tourism South East Research.Access Full Article
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