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Late last year, Facebook began testing collaborative Stories for Groups and Events, enabling members and attendees to contribute, and providing another way to connect with like-minded users. Now, Facebook's rolling out its Group Stories option in all regions, adding another element to its growing push on Stories use.
As explained by Facebook:
"Earlier this year, we introduced group stories as a way to help admins and members engage more with their communities. Now, we're excited to announce that we've rolled out group stories globally with lightweight reactions. Group members can now respond to each other's stories quickly and directly with emojis that show a range of universal human emotions."
As you can see from the above image sequence, adding and contributing to a Group story is fairly straightforward - you tap on the 'Add' option alongside the Story prompt on the front page of the group, select the image or video you want to include, then share it to the Group Story. Group Stories are enabled as an option by the relevant Group admin.
As part of the expanded rollout, admins are now also able to control what, exactly, is available within the Group story feed, with the capacity to approve or delete member stories before they get shared with the community. Admins can also mute individual members, while they can also select an option that allows only admins to post or contribute to group stories, if they so wish.
As noted, the function adds to Facebook's growing Stories push - Facebook executives have repeatedly noted that Stories are the future of social sharing, and will soon overtake the News Feed as the primary social sharing surface. The popularity of the format, originally created by Snapchat, has now seen it spread to Instagram, Facebook, and more recently LinkedIn and YouTube, and as more platforms adopt the option, it becomes more habitual, more commonplace, which will likely see even more Stories use in future.
But Facebook's push does, in parts, seem slightly disingenuous. For example, the platform has been making Stories the default sharing option for some users on the platform, which has seen some Facebook posts coming up as Stories from people who were not aware that they were even creating them. That's not a big problem, they were sharing that content to Facebook anyway, but it does inflate the usage stats for Facebook Stories, as people who may not have intended to be using the option can now be added to the 'active usage' figures.
But even so, the growth of Stories is undeniable.
Over time, as users have become more wary of sharing every aspect of their lives with all of their contacts on social platforms, engagement has shifted towards more private sharing, with messaging app use growing faster than social apps. Stories are a sort of 'in-between', a means to share without adding to your permanent digital profile, while also enabling more creative, fun options, which maintains the ethos and freshness of what social media was originally about.
If you've not factored Stories into your social media marketing plan for 2019, it's worth re-assessing. As noted, Facebook's team is very keen to push Stories use, and with more widespread adoption comes greater momentum and awareness. Eventually, the trends would suggest that you will be looking into Stories at some stage. Better earlier than later.
Facebook Group Stories is now available in all regions - to manage stories in your groups:
- Visit your group settings for story posting permissions and approvals
- Select 'admin tools' on your mobile device or 'moderate group' on desktop to manage pending and reported stories
- Upon viewing a story select settings to mute or block members from contributing


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Here are some of the smart CCTV cameras you can purchase that manufacturers have confirmed will work with Apple’s HomeKit Secure Video system when it appears later this year.
Samsung’s Galaxy S10 lost more value in one month than Apple’s iPhone XS lost in nine, a new report in second user smartphone values claims.
Apple is adding dozens of iOS frameworks and libraries to the macOS as it moves to encourage developers to make iPad apps available to Macs.
Voice-based computing became a reality at WWDC 2019, when Apple introduced its Voice Control feature, which will really and truly transform lives.
Not mentioned at WWDC but an important update all the same, tvOS 13 will let you create Siri Shortcuts for your front room TV box.
‘We are working closely with Apple to allow the benefits of this update to be introduced on London’s transport network in the coming months,’ says London transport network.

domain: news


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The ongoing global pandemic has forced the rapid expansion of ecommerce and a general migration toward digital transactions. Unfortunately, Covid-19 also may be fueling an increase in so-called synthetic identity fraud.
With synthetic identity fraud, criminals use a combination of real and made-up information — social security numbers, email addresses, physical addresses — to create a “new” identity that might be used to apply for credit cards and loans or purchase goods online.
The synthetic or fake identities “might look like a new person, kind of new to the world, new to the market. There is, maybe, enough information out there to validate that it’s a true individual … or it might look like somebody who has just recently changed their last name or changed their address. So there are enough pieces to the puzzle where it’s compelling to say, ‘This is a real person.’ And then [the fraudsters] get access to credit and leverage that for fungible goods online,” said Eric Haller, executive vice president and general manager of identity, fraud, and DataLabs at Experian.
In January 2019, a McKinsey & Company article described synthetic identity fraud as “the fastest-growing type of financial crime in the United States, accounting for 10 to 15 percent of charge-offs in a typical unsecured lending portfolio.”
Now, thanks to Covid-19, some experts fear synthetic fraud could be expanding.
Impact on Merchants
This form of fraud is, for the most part, upstream from many merchants. But it could still have an impact on ecommerce in three ways.
First, merchants offering their own credit accounts could suffer direct losses.
Second, sellers that work with third-parties to finance big-ticket items could have liability depending on the agreement.
Third, fraud at scale raises the cost of doing business for everyone.
Finally, since at least some of the information used to create synthetic identities is real, retailers should ensure their systems are not breached and, thus, do not disclose shoppers’ personal information.
Picking Out Synthetic Identities
Synthetic identity fraud can be difficult for existing fraud prevention systems to recognize since these fake identities are created to look real.
“When you are [building models for fraud detection], you look for things that look like the problem and then you model to predict or target [that problem], and say, ‘This is what the problem looks like. This is the problem. I’ve seen it before,'” explained Haller.
“But with synthetic identities, the problem is identity information and how it is being manipulated. It shows up as a loss. A lender may say, ‘I underwrote this person in the bank, and I lost all of this money on them.’ So it really doesn’t look much different than a bad credit risk.”
In short, it is difficult to develop detection models because it is difficult to recognize it as fraud at all.
Haller’s company, Experian, uses machine learning to identify the ways crooks are manipulating the made-up data. Experian then targets fake identities with a recently-released synthetic id detection product. But even this approach requires a significant amount of data collection and effort to compare information from several sources and look for subtle, statistical differences.
Others in the industry are taking similar approaches. Even the U.S. Federal Reserve System has worked with stakeholders around the industry to fight this particularly nuanced form of fraud.
As with other forms of fraud prevention, wrongly suspecting good customers is also a risk with synthetic id detection.
“No artificial intelligence system is perfect. You are going to have false positives. Somebody you think is high risk turns out to be trustworthy. So the question becomes what happens to those valuable consumers. Whether you’re an ecommerce merchant or a bank, you don’t want to lose a customer over that,” said Haller, adding, “There is a lot more value in selling the product to somebody who looks like a fraudster if you can validate in some way that they’re not. So these types of AI systems are typically used as the first or second line of defense.”
In this scenario, the fraud detection service with its sophisticated AI will flag a customer or transaction as high risk. But it will be up to the retailer, for example, to decide how to manage that risk. In some cases, this might include reaching out to the customer to verify he is real. This extra step will create friction in the sales process, but for some businesses that added friction might be worth the effort.


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Ford also had much better products to offer car buyers. After 13 consecutive years of declining U.S. market share that had seen it fall behind Toyota Motor for the No. 2 spot, Ford gained share in 2009 and each of the two subsequent years. Although its share is slightly lower so far in 2012, it remains anchored in the No. 2 spot that it retook from Toyota in 2010.
The bottom line also improved greatly under Mulally. Ford earned its largest profit since 1998 last year, and this week reported much stronger-than-expected third-quarter earnings.
Mulally said Fields also deserves much of the credit for those strong results, as his Americas unit posted a record quarterly profit in the third quarter that helped the company ride out rising losses in Europe. He also has run Ford operations in Europe and at Mazda when it held a controlling stake in that company.
But the company still stopped short of definitively saying that Fields will be the next CEO.
Despite questions from the press, Mulally was reluctant to identify his greatest accomplishment or legacy at Ford CEO.
"What I feel very good about is we not only survived but created a company that is healthy and growing," he said.
Bill Ford said it is too soon to talk about his star CEO's tenure as completed.
"There will come a time for us to discuss Alan's legacy, but the good news is Alan is here for a long while," he said.
The chairman said he hopes Mulally will agree to stay on past 2014. "I'd like him to stay forever," he said.
Mulally has become one of the best-paid auto executives, receiving a pay package worth $29.5 million last year, largely because of the more than 600% run-up in price of its stock since a low point in early 2009.


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Honda 2Wheelers India To Reconsider Investment Plans, No EVs Till 2020
By : Sustainability ..., Jun 14, 2019
India's second largest two-wheeler manufacturer, Honda Motorcycle and Scooter India (HMSI) had recently announced its plan of action for the launch of electric vehicles (EVs) in India. Recently...Read more..


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After almost a decade since the Internet made its debut in India, close to 47 per cent of active Indian Internet users still don't know how it can be useful. This is part of the findings of an ongoing survey, I-cube Study, conducted by market research company IMRB International and the Internet and Mobile Association of India.
The survey also noted that, as on September 30, 2008, India had 45.3 million active Internet users. Active Internet users are those who use the Internet at least once a month. Besides the lack of awareness of the Internet in India, the survey also found that the other barriers to its use included high charges by cybercafes, high cost of Internet access at home and accessibility to cybercafes.
Mohan Krishnan, senior vice-president of BIRD, a specialised unit of IMRB International, said, "The continuing niche growth of the Internet is forcing two major realisations that need to be acted upon. Firstly, with a majority of urban literate challenged due to the barrier of the English language, there needs to be a strong push in local language provision over the Internet. In these markets, in addition to localised content, the online applications that matter to individuals in their daily lives are needed. At the same time, the untouched vast rural market needs to be tapped. However, the enabling content for such markets highly depends on the infrastructure available in accessing the Internet."
Meanwhile, urban users continue to dominate Internet use, contributing to 42 million of the 45 million-odd users. In September 2007, the number of active Internet users in urban India was 36 million, showing a year-on-year growth of less than 13 per cent.
Commenting on the study, IAMAI president Subho Ray said, "The growth rate was alarming compared with the rest (of the countries)."
The study also found that the number of 'claimed' Internet users in September 2008 was 57 million compared with 48 million in September 2007, recording a less than 10 per cent growth.
Claimed users are those whose frequency of use is less than one month.


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The offices of Verto Analytics overlook a pasture. The contrast between the view and this young, successful company is huge: only 14 months after launching their product, the company has already made an impression on the big corporations of Silicon Valley and New York. Even the executive team of Facebook is using data produced by Verto when planning on how to beat Snapchat.
Verto has built a scalable SaaS (Software as a Service) information service on top of their multichannel media measurement data and is now actively selling it to the world's largest internet, TV and advertising companies through their offices in San Francisco, New York and London. If you ask the folks at Verto, the future will see even more companies using Verto's products to beat their competitors. Also, the majority of advertising budgets will be channeled according to measurement data provided by Verto.
The CEO of the young company, Hannu Verkasalo, is not old himself, although you could easily be mistaken if you were only going by his CV. The Doctor of Technology has a total of five university degrees and is also a successful serial entrepreneur. One of his companies, Zokem, was sold to Arbitron, a company listed in the USA. The sale rocketed Verkasalo to the role of Deputy CEO at Arbitron. It's safe to say he has quite a track record.
Verkasalo himself divides his entrepreneurial career into three parts. His first companies were focused on consulting and subcontracting work in analytics and the mobile sector. During the second part, he worked on technology and product-based companies. For example, the companies Menudata and Zokem were built around licensing technology or selling software to consumer and corporate clients.
Now, in the midst of the third and freshest part, Verkasalo has devoted himself to the role of CEO at Verto Analytics. This time, the focus is on offering data or, in other words, selling information in the form of a SaaS service.
"The big breakthrough came when I was speaking with the executives of Facebook in Palo Alto and NBC in New York", Verkasalo describes the establishment of his company. "Both companies mentioned that a lack of information on consumer behavior in the new world can really deter their growth."
By new world, Verkasalo means modern consumers that use multiple devices: televisions, smartphones, computers or even wearable technology.
"Companies had no idea whether their services were growing faster or slower than those of their competitors", Verkasalo continues. "In addition, they weren't able to use outside data to sell their own audience to advertisers."
Competitors in the field, like the Finnish Finnpanel and the American Nielsen (valued at 18 billion US dollars), have chosen to focus on measuring only one device. Since the beginning, the idea behind Verto has been to paint a wider, more comprehensive picture of media usage. "We are measuring the consumer – not just a single device, website or app", Verkasalo points out.
This is important, he says, because during the last five years, users have evolved more than during the last one hundred years put together. Meanwhile, technology is developing at a vigorous pace and some of the popular devices of the next 10 years might not even have been invented yet.
"I believe this phenomenon will continue in the future," Verkasalo summarizes. "Only one thing will remain the same – the consumers themselves."
Verto collects its data from consumers with a digital panel study. The significant invention is the way the collected data is cultivated.
Developing the product and building the data streams took several years. To make the process possible, the company looked for venture capital investors to jump onboard.
In early 2014, Conor Venture Partners was selected.
"For an early-stage company, Verto was searching for quite a sizeable seed funding of two million euros," says Chris Barchak, a partner at Conor's London office.
"We made the first investment and committed ourselves to finding a well-matched partner to complement the funding round."
Conor's networks opened doors to many investors in Finland and abroad, and eventually the software-focused, Finnish Open Ocean Capital was selected.
Verto launched its product in the USA in early 2016 and in little over a year the client pool has grown to include many big names like Facebook, Cisco, Intel, Yahoo and Microsoft.
Among Verto's strengths is the precision and extensiveness of the data produced. Facebook can easily compare its own user data to that of Verto. If the data is an accurate description of their own business they can trust the competitor data as well. Facebook can then base their business plans on the data.
But following competitors is only one of many ways to utilize the data collected by Verto. The possibilities are endless. Verkasalo himself emphasizes advertising as a good example of this.
Let's imagine Pinterest wants to tell its advertisers that a certain target group prefers to look for information on smart televisions through Pinterest instead of other channels. To convince the advertiser, for example the marketing team behind Samsung's latest smart TV, Pinterest needs unbiased data.
Verto offers the data. Lots of it.
According to Verkasalo, without data, companies lack understanding of where they are growing. "Where are they growing faster than their competitors? Where are they weak or strong? What kind of consumers should they target?" he explains.
A long list of big-name clients will give their competitors an incentive to become Verto’s clients themselves. This means that before long, Verto could build a new standard for market data.
Challenging large, well-established competitors requires quite a bit of capital. So far, Verto has accumulated 24 million dollars of it in investments.
The latest round of funding, worth about 16 million dollars, was published in the summer of 2016. New investors include Tesi, Visionplus and EQT Ventures.
"Both venture capital firms and the individuals behind the VC firms are different", says Verkasalo. According to him, all of Verto’s investors have brought a bit of their own special spice to the success story: "For example, Chris [Barchak] understands technology and software and is able to bring added value to the organizational structure and personnel arrangements. With their broad networks, Chris and Conor also helped rope in larger investors."
Verkasalo is quick to compliment other investors as well: "Tom Henriksson from Open Ocean Capital has helped Verto understand how to build a scalable product. EQT is a growth investor and wants to understand if the sales team is up to par, what the compensation models are like and how the company could grow even faster. This is important expertise for us."If Verkasalo had one wish, it would be larger funds and venture capital firms in Finland. This would help entrepreneurs, who can spend up to a third of their year in their search for funding from international investors.
According to Verkasalo, the key rule of the industry is "that about one percent of marketing funds are channeled into the data that channels advertising".
The size of the digital and mobile advertising market is currently valued at about 200 billion dollars. This figure is growing – fast. Verto has estimated its own potential market share to be about 5 billion euros during the next five years.
Above all, Conor's Barchak praises the ambition behind Verto: "We are challenging large, established actors with an aggressive and technically unmatched approach. The uniqueness lies in the fact that we are not only winning market share from our competitors, but also creating completely new, never before seen markets."
The future plans of Verto include, with no set schedule, an IPO. The aim of the company is to weed out competitors from the old world, speeded by digitalization and change in consumer behavior.
If successful, its market value could then reach billions.


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While the global pandemic has undoubtedly affected businesses of all kinds, SDR Ventures has identified promising trends for companies that are operating in the CPG Food & Beverage Industry.
In addition to recently completed transactions in the CPG Food & Beverage space, we have seen middle-market deal multiples remain healthy during COVID-19. Many healthy “A” grade companies that proved their economic resilience to the impacts of the global pandemic were able to transact for strong valuations. Meanwhile, many business owners across various CPG sectors have seen an uptick in performance as shelf-stable foods and consumer goods have become an increased priority in households across the United States.
The SDR Team is constantly monitoring M&A trends and sharing insights through our various M&A reports, which cover a range of industries, including the Food & Beverage Industry. Our newest report, which we are calling a “Dessert Industry Deep Dive” covers SDR’s recent experience working with a CPG Desserts company. The report also features timely insights into the current economic landscape’s impact on business owners and their company’s value.
The full report is available for download below.
Download the full report by clicking here.


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India’s companies making big waves in the fashion industry
Author: Suhela Khan, Bovornpong Vathanathanakul
Entrepreneurs of all genders and fashion brands in India are streamlining innovation to tackle pressing sustainability issues through the Industry Disruptor Challenge.
New Delhi, India – More than 70 companies passionate about gender equality and eager to make more sustainable and women-benefiting fashion in India came together for a webinar hosted by UN Women as part of the Industry Disruptor Challenge.
Launched in May 2020, the Industry Disruptor is UN Women’s incubation and mentorship program that provides entrepreneurs in India the chance to learn from leading industry experts and scale solutions sustainably within the fashion supply chain.
UN Women launched the online training of India’s top 80 finalists on July 15 with the support of The DO School. The training will run for 6 weeks ending on August 19, with a mix of weekly webinar sessions and ongoing knowledge exchange in a robust peer community (see full list below).
Twenty of the most promising ventures will be selected from the participants and will go through a bootcamp training and initial co-creation with industry and corporate partners that include H&M, Tchibo and WE HUB. The 3-month support program will cover business development strategy, market access and mentorship.
During the discussion, the company representatives discussed their vision, purpose and actions they can take to scale and co-create products and solutions for impact. They also discussed how the joint European Union-UN Women programme WeEmpowerAsia can help them stand out and scale up in this fast-growth market. The EU-funded programme promotes women’s economic participation and business opportunities in seven Asian countries, including India.
The training, held on World Youth Skills Day, also highlighted the need for entrepreneurs to reskill and upskill, as well as to strengthen links between European and Asian markets through the Women’s Empowerment Principles (WEPs) and gender-sensitive trade and supply chains.
UN Women’s WeEmpowerAsia Regional Programme Manager Katja Freiwald has said: “We believe the Industry Disruptor project can boost India’s entrepreneurial ecosystem, promote innovation in the county and contribute new solutions that the fashion industry of the future will require.”
“Unlocking the potential of women entrepreneurs is not only going to bring major benefits to businesses but will be a powerful driver of development and bring society closer to the Sustainable Development Goals, particularly Goal 5 on gender equality,” added Freiwald.
According to India’s Sixth Economic Census, only about 14 per cent of women own or run businesses; more than 90 per cent are microenterprises and about 79 per cent are self-financed.
With the government making all-out efforts to stimulate entrepreneurship and innovation, more female entrepreneurs are emerging in India and breaking the glass ceiling across industries. Yet within the fashion supply chain, many women continue to be underrepresented in leadership roles and continue to face persistent discrimination which has been exacerbated by the COVID-19 crisis.
Katherin Kirschenmann, Founder of The DO School, has stated: “The effects of COVID-19 on the entire fashion industry, including its international supply chains and its predominantly female workforce, are huge and are adding to the already-existing sustainability challenges faced by the industry. I think this project is an opportunity to forge new coalitions to better resolve the problems together. With the Industry Disruptor we will focus on joint solutions and sharing best practice.”
Katherin added that the project takes a facilitative approach to strengthen the entrepreneurial ecosystem, which will include skill-building and networking opportunities for women, and the advocacy and promotion of renewed perspectives and value to women-led enterprises and solutions.
Nishtha Satyam, Deputy Country Representative of UN Women India, highlighted the importance of this engagement: “In India, women entrepreneurs are demonstrating and proving their talent, capability to innovate and high capacity for risk in every sector—traditional and non-traditional. With programs like the Industry Disruptor, our aim is to promote an inclusive business environment and equip them with skills to create and lead gender responsive enterprises."
To date, the Challenge has garnered overwhelming response from entrepreneurs of all genders in India with more than 300 applications received. Up to 85 applicants will be selected for training; 20 will qualify for the bootcamp.
For more information about the Challenge, please visit: http://bit.ly/industrywea
Join the conversation by using the hashtag #IndustryDisruptor and follow @UNWomenAsia on Facebook and Twitter for updates.
List of online training sessions (July 15-August 19, 2020):
- July 15 - Industry Disruptor online training sessions (vision, purpose and impact)
- July 22 - Industry Disruptor online training sessions (fashion and sustainability)
- July 29 - Industry Disruptor online training sessions (gender equality and operations)
- August 5 - Industry Disruptor online training sessions (crisis management and resilience)
- August 12 - Industry Disruptor online training sessions (marketing and engaging customers)
- August 19 - Industry Disruptor online training sessions (funding, collaboration and scaling)
For media enquiries, please contact:
- Suhela Khan
Country Programme Manager, WeEmpowerAsia India
UN Women India
- Bovornpong Vathanathanakul
Communications Analyst, WeEmpowerAsia
UN Women Regional Office for Asia and the Pacific
About Industry Disruptor
The Industry Disruptor project is a collaborative effort between UN Women and The DO School mobilizing female entrepreneurs and female-led enterprises in India to tackle key sustainability challenges in the textile and fashion industry. The project is part of a wider initiative of the WeEmpowerAsia (WEA) programme, which is funded by the European Union under its Partnership Instrument and implemented by UN Women Regional Office for Asia and the Pacific.
About UN Women
UN Women is the United Nations entity dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide.
About the European Union
The European Union is made up of 27 member States who have decided to gradually link together their know-how, resources and destinies. Together, during a period of enlargement of 50 years, they have built a zone of stability, democracy and sustainable development while maintaining cultural diversity, tolerance and individual freedoms.
About The DO School
The DO School is a global organization that enables a purposeful economy that is sustainable and innovative. They are powered by a community of Doers, innovators, and experts from 100+ countries. Through their unique methodology, they support individuals and organisations to transform with purpose: To turn co-created ideas into action, equip people to lead and build movements, and create real change. For more: https://www.thedoschool.com
WeEmpowerAsia, a programme funded by and in partnership with the European Union seeks to increase the number of women who lead and participate in business in China, India, Indonesia, Malaysia, the Philippines, Thailand and Viet Nam. A key component of the programme is to mobilize private sector companies to become gender-responsive by committing to and implementing the Women’s Empowerment Principles (WEPs). For more, visit www.weempowerasia.org.
About the Women’s Empowerment Principles
The Women’s Empowerment Principles is a joint initiative of UN Women and the UN Global Compact. The Principles outline seven steps for business on how to empower women in the workplace, marketplace and community. The Principles highlight that empowering women to participate fully in economic life across all sectors and throughout all levels of economic activity is essential to build strong economies; establish more stable and just societies; achieve internationally agreed goals for development, sustainability, and human rights; improve quality of life for women, men, families and communities; and propel business’ operations and goals. For more: https://www.weps.org/about


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DALLAS - Amazon’s Prime Day is now eclipsing Black Friday and Cyber Monday as the e-tailer’s busiest day of the year. And that’s good for consumers regardless of where you click that buy button.
Consumer reporter Steve Noviello explains that to access the deals on Tuesday you first need to be a Prime member. Usually, that will cost you about $100. You can also sign up for the free 30-day Prime membership trial. You’ll get you access to the day’s deals and all kinds of perks for 30 days. Just remember to cancel before you are charged if you don’t wish to continue.
Now it’s on to the deals. They will be released in waves throughout the day. If you see something you like, get it because the stock is limited. Amazon does allow you to peek ahead by clicking on the Upcoming Deals tab.
If you have an Amazon Echo, Echo Dot or any other device that relies on Amazon’s assistant Alexa, hit her up for special deals throughout the day. Amazon is offering a handful of deals that can only be accessed via Alexa.
As mentioned earlier, Prime Day is now Amazon’s biggest deal day of the year and competitors like Walmart, Target, Best Buy, and others are taking note. Many are dropping their own prices below Amazon’s during the day in hopes of poaching potential customers. So be sure to compare prices before you buy. You might just find a better deal somewhere else.
And always remember to figure in any taxes and shipping!
The Prime Day promotion started Monday night and will run through early Wednesday morning.


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Chinese automaker Zotye has unveiled a Sport version of their T600 compact crossover scheduled to debut next month at the Shanghai Auto Show.
If you were disgusted by the VIDOEV and Jinma JM2200 photos we published this week, here's a remedy from Zotye as they have published two images with the T600 Sport. It proves some Chinese designers can actually make an effort to create, not just replicate.
We do have to admit it sends out a Range Rover Evoque vibe, but compared to the four-door Beetle lookalike and BMW i3 impersonator, this looks way better. And it's not just the exterior that looks somewhat appealing, but also the cabin which will likely be carried over from the regular T600 upon which is based.


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Royal Mail delivers on Sunday to clear backlog
Hundreds of Royal Mail postal workers took to the streets yesterday (Sunday) in a bid to clear the backlog of mail caused by December’s severe weather. In preparation for the Christmas period, when the operator said it processed almost 2bn items, it employed an extra 23,000 additional staff.
However, heavy snowfall and icy conditions left the delivery of millions of letters delayed in the run-up to Christmas.
Although Royal Mail added extra rounds pre-Christmas to help with the backlog, a huge number of letters and Christmas cards are yet to be delivered.
Speaking to Post&Parcel, a spokesperson for Royal Mail said: “We have had some reports of individual items of Christmas mail arriving after Christmas. We apologise to any customer if individual items of mail posted by our recommended posting dates did not arrive in time for Christmas.
“In the small number of places where there has been some disruption, we have taken a range of additional measures. They included Sunday deliveries last weekend in parts of Eastern Scotland, where 200 extra managers and postmen were deployed.
“Similar measures were taken this Sunday. Approximately 500 postmen and managers worked in a small number of areas where there is some disruption. We stress that this additional effort is aimed at resolving some outstanding issues around delivery changes in a number of offices.”


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The company’s regulation probe will degree the long-term taking part in discipline
The U.S. is notoriously behind on forward-thinking regulation for fintechs, which is unsettling contemplating the variety of U.S. residents in severe debt. As of the third quarter of 2021, Americans owed greater than $15 trillion, nearing the best degree within the nation’s historical past.
Purchase now, pay later (BNPL) providers provide prospects accessibility and adaptability for funds, however unregulated providers imply folks can unintentionally put their monetary well being in danger. Some BNPL suppliers penalize customers as much as 25% of their buy for repaying late. And a Credit score Karma examine confirmed 72% of customers within the U.S. ended up with decrease credit score scores after utilizing unregulated BNPL providers.
The proliferation of smaller BNPL suppliers that don’t observe accountable lending finest practices will decelerate as a consequence of new regulatory obstacles.
However the proper set of rules will resolve this concern and in the end present a chance for banks to enter and grow to be leaders within the BNPL enviornment.
The Shopper Monetary Safety Bureau (CFPB) is retaining an in depth eye on client credit score merchandise. A probe introduced in December 2021 requested main gamers Affirm, Afterpay, Klarna, PayPal, and Zip to offer perception into the dangers and advantages of their merchandise.
Whereas BNPL gamers have positioned themselves because the driving drive for monetary inclusion, policymakers will uncover that many of those suppliers have to make way more progress relating to prospects’ monetary well-being. Regulation is the way in which to make sure that.
Though regulators will take a while to succeed in conclusions and implement actual hardline necessities, the ramifications will probably be rapid.
Right here’s what we count on:
The journey to honest and accountable lending
The best set of rules will quickly present that honest and accountable lending goes hand-in-hand with accessible and inexpensive client financing.
The CFPB regulation probe will degree the taking part in discipline in the long run. Fintechs have proven there’s a want for BNPL, and have confirmed that it’s potential to scale these choices all through each in-store channels and e-commerce websites. Nonetheless, conventional lenders and banks, which already provide providers that adhere to reporting protocols, can now additionally flourish within the BNPL house with the proper technological partnerships.
By partnering with a BNPL supplier, banks can deploy agile, accountable BNPL options that may profit each retailers and customers. By providing white-labeled BNPL choices from banks, retailers may enhance gross sales and common order worth (AOV). Shoppers will profit from excessive acceptance charges supplied by banks and different regulated monetary establishments. Plus, main banks and lenders usually provide essentially the most aggressive mortgage applications.
What’s essentially the most viable option to regulate the BNPL business?
Let’s analyze which nations are heading in the right direction. The U.Ok. was one of many first movers relating to regulation. However regardless of the Woolard Overview printed by the U.Ok.’s Monetary Conduct Authority (FCA) in early 2021, which defined the urgency to control the BNPL business, there isn’t a new regulatory regime anticipated to convey unregulated BNPL merchandise below the FCA earlier than 2023.


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Lloyds urges regulators to bring forward deadline on PPI complaints as its compensation bill for scandal soars to just under £14bn
Lloyds urged regulators to bring forward the deadline on PPI complaints as its compensation bill for the scandal soared to just under £14bn.
The state-backed lender announced a disappointing set of results, affected by the slowdown in the UK economy over the summer.
It also revealed it had been forced to set aside another £500m to compensate customers who had been lured into buying payment protection insurance(PPI), which covers payments for loans in the event borrowers become too sick to work or lose their jobs.
It also set aside £100m to cover claims on other products sold through its branches.
Finance chief George Culmer criticised proposals from the Financial Conduct Authority to impose a two-year ‘time bar’ on PPI complaints, which means a cut-off date of spring 2018 for customers to make their compensation claims.
He said: ‘We think two years is excessive. We think that a shorter time bar will actually get people to act more quickly and get receipt of their money.’
The comments infuriated consumer campaigners. Martin Lewis, founder of MoneySavingExpert, a personal finance website, claimed the time bar is being introduced to protect Lloyds and make it easier for the Government to sell shares in the bank.
‘The idea that preventing people from claiming PPI is good for them is ridiculous,’ he said. ‘For Lloyds to have the gall to complain when it is still not handling complaints properly is a disgrace.’
Lloyds said it was too early to gauge the potential impact of proposed rules from the FCA which could lead to another wave of PPI complaints.
The FCA wants banks to compensate customers who were not told about huge commissions on their PPI policies.
This follows a landmark high court ruling in favour of retired college lecturer Susan Plevin.
Experts have predicted banks could be forced to pay billions more in compensation. Lloyds said it had made a £958m profit in the three months to the end of September – up 28 per cent on the same period last year.
This is partly because it set aside £900m for PPI in the third quarter last year. But ‘underlying profits’, which strip out costs such as mis-selling charges, fell 8 per cent to £1.97bn.
The bank said the figure, which was lower than expected, was driven by tougher trading conditions in commercial banking.
Group revenues also fell, by 4 per cent to £4.2bn.
Shares fell 4.4 per cent, or 3.4p to 74p, just above the crucial ‘break even’ price paid by the previous Government when it bailed it out the bank during the financial crisis. Analysts said the disappointing results was a result of a slowdown in the global economy, which hampered growth in the UK over the summer.
Lloyds yesterday rejected criticism from the Competition & Markets Authority that it is charging ‘above average prices’ for a ‘below average’ service. The lender said that it had disputed those findings with the CMA.
Lloyds’ results may disappoint Chancellor George Osborne, who had revealed plans to sell around £2bn of the bank’s shares to the public by next spring, completing its return to the private sector.
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Luxury Brands Gather in Milan to Talk Sustainability
On March 20, 2018 at the Palazzo Parigi Milan, Camera Nazionale della Moda Italiana, in partnership with Swarovski, held the 2nd International Roundtable on Sustainability. The event brought together more than 50 Corporate Social Responsibility and Sustainability managers from the luxury fashion world to exchange information and learn about sustainable business strategies.
In the morning, a nine-part plenary session began with a speech by CNMI Chairman Carlo Capasa on Italian fashion’s leadership role in sustainability. “The fact that Italy represents a large part of the European fashion business and production is not only positive but also a great responsibility that we feel,” Capasa told listeners, adding that are key to achieving eco-friendly practices. “We want to make sustainability measurable. Sustainability is a method, a tool, a procedure, a code, not a marketing campaign.”
A series of eminent figures took the stage over the course of the morning, introduced by journalist Elizabeth L. Cline, journalist and author of Overdressed: The Shockingly High Cost of Cheap Fashion. Pascal Morand, Executive President of the Fédération de la Haute Couture et de la Mode, stressed the need for collaboration across boundaries. "Physical boundaries have to be overcome, as well as cultural, legal, technological and sectoral,” said Morand, calling for a balanced approach to sustainability that took consideration of fashion’s cultural and emotional imperatives. "To turn the fashion industry into something sustainable, we need to tackle the issue from different points of view," he said, pointing to a The Perfect Sustainability Square with the four vectors of Corporate Social Responsibility, Creativity, Environment and Sovoir-Faire.
A brief panel of high-level speakers from the UN, World Bank, and the Italian government knowledgeable discussed the UN’s Sustainable Development Goals and how the government works with the fashion industry to achieve change. “Collaboration is key for impact to build the political support for sustainability,” said Giulia Braga, of the World Bank Group’s Connect4Climate program. “Together we can make the transition.” Braga was joined by panelists Lilian Liu of the UN Global Compact, Giulia Dramis of the Italian Ministry of the Environment, and Birgit Altmann, of the UN Economic Commission for Europe.
Next, journalist Simran Sethi challenged listeners to think in bold new ways, noting that the term “sustainability” is broad enough to hold “everything and nothing,” which can be an opportunity for innovation, mentioning exciting examples of innovation such as Bolt Threads’ spider-free silk made from renewable resources. “Our goal is to make the intangible tangible and to make sustainability the force that sustains us,” she added.
In conversation with Cline, Dax Lovegrove, VP of Sustainability at Swarovski, explained how is company drives sustainability in the jewelry sector through the use of renewable energy, recycled water and a commitment to using Fairtrade gold. Lovegrove remarked on a growing interest by customers, especially young ones, in sustainability and encouraged the use of social media to reach them. “We need to use social networks to raise awareness, and surely the best tool to talk to them right now is in Instagram.”
A highlight of the morning was a special video message contributed by Suzy Menkes. “I’m there with you in spirit for all you’re doing and planning to give us a more sustainable world,” said Menkes from in her office at Vogue. She praised Italy’s heritage of craftsmanship and luxury, which she said is the antidote to fashion’s obsession with the new and the next, as long as the Millennial generation be convinced of this. “It’s time to stop and stop now the idea of fast fashion,” Menkes added.
Only with transparency in supply chains can brands achieve concrete sustainability goals, said founder and CEO of Sourcemap, Leonardo Bonanni. "Transparency has to be a condition of doing business," said Bonanni, showing how his impressive software platform and analytics is used to map suppliers across the globe, but also to visualize environmental performance and set targeted sustainability goals.
Eco-Age Founder and Creative Director Livia Firth rounded out the morning’s discussion. Coalition leads to power, said Firth, and "turns up the dial on sustainability. This toxicology research is a huge mountain to climb, but it's a starting point and needs to be applauded."
The morning culminated with the breaking news announcement of the CNMI’s Committee on Sustainability’s latest accomplishment, the release of new guidelines to govern the use of aromatic amines, called “Guidelines on the eco-toxilogical requirements for chemical mixtures and industrial discharges.” Capasa presented the findings along with Confindustria Moda President Claudio Marenzi, who co-authored the report. "We can affirm that there is no evidence to support the hypothesis that our sweat can make the carcinogenic aromatic amines present on textile items bioavailable," said Capasa, meaning the body does not absorb amines. "This is a good news, which needed to be proven scientifically.”
The Committee, created in 2011, has a goal to create parameters to define sustainability data across all fashion sectors by 2020. "This will help a radical transformation of the fashion chain, aimed at a gradual reduction of the sector's environmental impact," Capasa remarked.


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Last week, Rivian made some remarkable updates to the range for their 2023 R1T and R1S EVs that have just been confirmed by the EPA. Thanks to these changes, this electric pickup truck is now officially the longest-range model available in America! That’s right – beat out all of its competition with an unprecedented EPA-estimated range rating.
The 2023 Rivian R1T in Quad-Motor configuration with a Large battery pack now offers a staggering EPA-estimated range of 328 miles (527 kilometers). That’s an impressive 14-mile (22-kilometer) difference from the 2022 model which had only 314 miles (505 kilometers).
The revised range rating is for the 2023 R1T with 21-inch wheels; if you opt for 22-inch wheels, then you will get an EPA estimated mileage of 303 miles (487 kilometers). However, choosing 20-inch wheels will bring down your expected total to 289 miles (465 kilometers).
After a software update, the Rivian R1S SUV has seen an impressive increase in range to 321 miles – that’s 5 more than before! Additionally, according to the EPA website, this model now boasts an MPG equivalent of 73 – 3 points higher than its previous rating. The 2023 Rivian R1S is certainly proving itself as one of the most efficient electric vehicles on the market today.
According to the EPA, drivers of the 2023 R1T will now enjoy an estimated fuel cost savings of $50 per year in comparison to its 2022 counterpart. This estimation is based on a driving composition comprising 45% highway and 55% city use as well as 15,000 miles annually (24,140 kilometers) at today’s fuel prices.
It’s worth keeping in mind that when Rivian introduces the Max battery pack with their dual-motor AWD powertrain, expected sometime mid-2023, the R1T will experience an even greater jump in its driving range.
Rivian recently declared that the R1T Quad-Motor with Max battery pack as initially projected will no longer be presented. Two days prior, they informed R1T reservation holders that a Quad-Motor R1T equipped with a Max battery pack wouldn’t be obtainable until 2023. To ensure preorder holders can receive their vehicles in early 2023, Rivian advised them to switch to Quad-Motors fitted with Large battery packs instead.
With the enhanced Max battery pack and dual-motor AWD powertrain, Rivian has exceeded their original goal of 400 miles for the R1T’s range – surpassing even what was expected from the Quad-Motor with Max Battery.
The EPA's estimated range for R1T Quad-Motor with Large pack battery is now as high as 328 miles, making it the highest-range electric truck on the market.⚡With software updates, we can continually improve vehicle efficiency over time, resulting in higher range. pic.twitter.com/xo52tsGugQ— Rivian (@Rivian) December 21, 2022


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M&S plea for help as its energy bill leaps by £100m: Boss Stuart Machin launches impassioned request to Jeremy Hunt to help high street
Feeling blue: M&S wants an overhaul of business rates to help offset rising fuel costs
Marks & Spencer is braced for its energy bill to rise by £100million next year, as its boss Stuart Machin launched an impassioned plea to Jeremy Hunt to help the high street.
Machin wants the Chancellor to slash business rates, which are another huge burden on retailers.
The projected increase in fuel costs next year follows a £40million increase this year, denting profits.
Store chains are increasingly fearful over spiralling costs – made even worse by a hike in business rates, which are due to rise 10 per cent next year, leaving companies to pay an extra £2.7billion in total.
Machin, credited with playing a major role in the fashion and food group’s ongoing revival, wants an overhaul of the business rates system. He branded the current levy ‘daylight robbery’.
He said: ‘I’m committed to having great shops. While others go online, or go bust, we are investing heavily in stores [to complement the digital shop].’
He described the M&S store at Marble Arch as ‘decrepit’, a word likely to infuriate campaigners trying to preserve the flagship store in London, which has been earmarked for redevelopment.
Machin has previously lambasted the deterioration of Oxford Street, where the store is situated, as a ‘dinosaur district’ of vacant units and ‘tacky candy shops’.
He stressed that M&S and fellow ‘bricks and mortar’ retailers employ millions and support UK farms but are at a disadvantage compared with online shops.
‘Running a shop costs a lot more than running an online business, and a large part of that is down to business rates which have zero link to profits or, indeed, reality,’ he said.
‘Rates have gone up by the same amount as retail property values have gone down. Frankly, it’s daylight robbery. It’s why high streets and city centres are increasingly full of vacancies and dodgy shops.
‘As retailers, our job is to innovate and take the tough decisions to keep our businesses going and – if we can – growing in really tough times.
‘All we ask from Government is a fair shot. We don’t want handouts, we just want fairness.’


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In the rollout for Nike’s City Edition uniforms for the 2018-19 NBA season, the Brooklyn Nets have unveiled their City Edition jersey to act as a tribute to the late Brooklyn-bred rapper, Notorious B.I.G.
Created to honor loyal fans, “the Nike NBA City Edition uniforms represent insights and emotion from the court to the upper deck to the cities’ streets, in pursuit of a unique way to capture each team and its city in a way that respects the past and present of the clubs while also positioning them for the future,” Nike revealed in a December press release.
This season, Brooklyn’s jersey includes a fashion statement that trademarked the “Juicy” rapper– the OG Coogi sweater design.
Incorporated in the jersey’s detailing, the colors yellow, blue, red, orange and black are found along the trim of the otherwise black jersey.
Tweeted by reporter Anthony Puccio, fans were given a first look at the jersey on Wednesday (Oct. 24) morning, sparking some debate.
Told these are indeed Brooklyn’s City Edition Jersey’s…
… Thoughts? pic.twitter.com/cZmCiTxumP
— Anthony Puccio (@APOOCH) October 24, 2018
While some fans are loving the new look, others feel that Nike didn’t go hard enough with their design. Mostly, critics hoped for a bolder look to pay homage to the rap legend.
In other news, this is the second time this month fashion has nodded to Biggie. On Oct. 5, Versace restocked a throwback frame style iconic to the rapper’s image.


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There are collabs and then there are H&M collabs. Since 2004, the Swedish giant has been bringing high-end labels to the masses with their one-of-a-kind collaborations that's always known to sell like hot cakes. And after making names like Roberto Cavalli, Jimmy Choo, Lanvin, Versace, Alexander Wang, Giambattista Valli and more accessible, H&M has now joined hands with celebrated Indian designer, Sabyasachi.
Expect a mix of modern and traditional silhouettes with a nod to athleisure and glamping. This being H&M’s first-ever collab with an Indian label, the focus will deservedly be on Indian prints and textiles. “Having done couture for the majority of my career, it is very exciting to bring that finesse of craft to ‘ready-to-wear’ and create whimsical and fluid silhouettes that bring relaxed sophistication to everyday life,” Sabyasachi says.


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Blink Health LLC, a provider of consumer price discounts for prescription drugs, said it has terminated its relationship with Express Scripts Holding Co., a pharmacy-benefit manager that helped arrange the new price break for Lilly’s insulin.
NYS Entity Status
NYS Filing Date
AUGUST 07, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - AJM RE HOLDINGS X, LLC
AROUND THE WEB
- Blink Health Ends Pact With Express Scripts for Lilly Insulin Price Discounts
Tuesday Jun 13, 2017
- Mobile, Desktop Even In Race For Video Eyeballs
Friday Mar 3, 2017
Mobile phones and desktops are neck-and-neck when it comes to video viewing. More than half, or about 57%, of consumers around the world watch videos on their mobile phones every day. That's on parwith the 58% of consumers who are checking out videos on their computer, according to AOL's State of the Video Industry Global Research Study.
- Replacing the Cone of Shame
Friday Jun 16, 2017
Some pet owners are swapping the hard plastic cones that dogs and cats wear after surgery with softer collars that can resemble airplane neck pillows. Photo: Rob Alcaraz/The Wall Street Journal
- Theresa May Battles to Hold On as U.K. Prime Minister
By STEPHEN CASTLE - Monday Jun 12, 2017
In a meeting with restive lawmakers in her Conservative Party on Monday, Mrs. May will appeal for the unified backing she will need to survive for long as head of a minority government.
- How to Tie a Bow Tie, According to Paul F. Tompkins
By Nick Douglas - Monday Jun 12, 2017
- Young Socialites Conjure the Ghost of Leonard Bernstein at the Dakota
By BEN WIDDICOMBE - Saturday Jun 24, 2017
When Larry Milstein, 22, and his sister Toby, 24, are not hobnobbing on the young socialite circuit, they hold séances in their family’s apartment.
- Ask the NY Giants: Socks with Sandals?
Tuesday Sep 15, 2015
Professional athletes like members of the New York Giants are the inspiration for the latest (counterintuitive) high-fashion trend: wearing socks with sandals. Photo: Stu Woo/The Wall Street Journal
- Monotype Appoints T3's Gaddis To Board
Wednesday Feb 26, 2014
Woburn, Mass.-based Monotype Imaging Holdings, a typeface technology provider, has appointed Gay Warren Gaddis to its board of directors. Gaddis is founder and chief executive officer of ad agency T3(The Think Tank). "We're very excited to welcome Gay to the board of directors," said Doug Shaw, president and CEO of Monotype, in a statement. "She brings a strong combination of brand expertiseand an entrepreneurial perspective -- qualities that will be of great value to Monotype, particularly as we move forward in helping brands to optimize content and ensure brand integrity in anincreasingly digital world."


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Carson Pirie Stock Offering
Published: November 1, 1993
MILWAUKEE, Oct. 31— P. A. Bergner & Company has emerged from bankruptcy court protection and plans to offer common stock Monday under a new name, Carson Pirie Scott & Company.
Bergner changed its corporate name to that of its better-known Chicago department stores to give the retailer wider recognition among potential investors. Carson Pirie Scott was a public company for 25 years before Bergner bought it in 1989.
Analysts expected little trading on the Nasdaq market of Carson's 20 million shares, now owned by the investors who bought about $300 million of Bergner's bank debt.
The company's reorganization plan, two years in the making, was formally completed Friday, although a judge must still consider a lawsuit involving Bergner and Banc One Milwaukee, as well as a host of smaller claims.
"This has been an arduous journey, but we have accomplished what we set out to do," said Stanton J. Bluestone, president and chief executive.
The retailer's long-term debt will be less than $300 million, about a third of the debt it had when it filed in August 1991 for Chapter 11 bankruptcy protection.
The reorganization plan approved two weeks ago by Judge Russell A. Eisenberg of Federal Bankruptcy Court transfers ownership of the company from Maus Freres S.A. of Switzerland to the investors who bought the company's debt.
Mark Dickstein, president of Dickstein & Company, the New York investment firm that owns a major share of the company, said the retailer should "not only survive, but prosper" now that it is free of legal distractions.
Bergner employs about 14,000 people at 63 stores in Wisconsin, Illinois, Indiana and Minnesota under the names Carson Pirie Scott, Bergner's and Boston Store. Annual sales are about $1.1 billion.


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EAST VILLAGE, Manhattan (WABC) -- The iconic Strand Bookstore is laying off most of its employees in an attempt to survive the coronavirus crisis that crippled its business.
The East Village store, which had just expanded to a second location on the Upper West Side, is asking Gov. Andrew Cuomo to reclassify it as an essential business so that it can ramp up online and telephone order operations and begin to bring back its crew of book experts, famous for their voluminous knowledge of the store's vast holdings, touted as "18 miles of new, used and rare books."
"In order to preserve The Strand as a business, with no revenue coming in and no clear idea as to when we can reopen our doors, we have had to temporarily lay off the majority of our staff," the owners announced on the Strand's Twitter account.
The Strand said they have never had to resort to layoffs in their 93 years, a timespan that includes the economic cataclysms of the Great Depression, 9/11 and the transition to digital commerce that has destroyed legions of bookstores and chains like Borders.
"After a century of beating the odds, we won't give up now," the statement said.
The company said it will pay employees for the rest of the week, and is working to provide them with health insurance during the extended closure. The goal is to hire everyone back as soon as possible.
The Strand had already preemptively shut its doors as the coronavirus crisis worsened in a city that has become the epicenter of the pandemic in the United States. The closure, to protect the health of employees and the public, occurred a week before the governor's mandated shutdown of nonessential businesses went into effect Sunday night.
The troubling news comes shortly after the business had been celebrating plans for a new store on the Upper West Side.
The new store is at 450 Columbus Ave., between 81st and 82nd Streets.
That storefront has a literary heritage, as the former home of independent bookshops Endicott Books and Book Culture.
"We are so excited to expand The Strand and engage the community of the Upper West Side," Strand owner Nancy Bass Wyden said earlier this year. "We aim to continue the legacy of my father, and his father before him, by bringing the joy of books to everyone."
New Yorkers can call the State hotline at 1-888-364-3065, where experts from the Department of Health can answer questions regarding the novel coronavirus.


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The Huawei P50 series is finally going to break ground, as the company officially confirms the launch date. An event will take place on July 29, where we’ll see the start of a new era of mobile photography, according to Richard Yu, CEO at Huawei.
The date was just a rumor up until now, but thanks to the official Weibo page of the company, we know it was the real thing. Reports are the Huawei P50 will arrive with an LTE-only version of the Snapdragon 888 chipset, but we’ve heard nothing on the Pro or the eventual Pro+.
We do expect to see them appear with Kirin 9000 and eventually switch to SD888 once the bottleneck in chip production is dealt with.
While specs a still scarce at this point, we are confident the P50 series will arrive with HarmonyOS 2.0. A listing revealed the phone will come with 66W fast charging, while rumors pointed to a 1-inch camera sensor by Sony, as well as a 1/1.18” sensor for the ultra-wide shooter. There are still 10 days until the announcement, and hopefully, we’ll learn more along the way.