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Chinese tech stocks have a reputation for being pricey and volatile stocks. But if we look closer at this market, we'll notice that several high-growth plays are still trading at surprisingly low multiples.
This lack of investor enthusiasm can likely be attributed to sparse media coverage, distrust of U.S.-listed Chinese companies after numerous fraudulent reverse-merger plays, and uncertainties about future economic relations between the U.S. and China.
YY Is a Chinese social network, powered by family of apps, which enables users to share photos and stream live videos. Broadcasters stream a wide variety of videos -- ranging from karaoke to tutorial videos -- to earn virtual cash from viewers. That virtual cash, which is split between YY and the broadcasters, can be converted into real money.
YY also streams its content through Huya, a video website which also features Twitch-like gaming streams. Revenue from YY's live streaming business rose 42% annually to 2.22 billion yuan ($319.5 million) last quarter, which accounted for 89% of its top line. YY also owns a portfolio of online games, a gaming news portal site, an online education platform, and other smaller internet properties.
Revenue from YY's online games, education platform, and paid memberships all fell annually last quarter, but those declines were offset by its live streaming growth -- which boosted its total revenues by 31% to 2.48 billion yuan ($357.8 million). YY is also highly profitable -- its non-GAAP net income rose 42% to 598.6 million yuan ($86.2 million), and its GAAP net income rose 59% to 572.3 million yuan ($82.4 million).
Analysts expect YY's revenue and non-GAAP earnings to respectively rise 28% and 15% this year. Those are pretty solid growth numbers for a stock that trades at just 13 times forward earnings.
Yirendai is basically China's version of LendingClub (LC -1.92%), a peer-to-peer (P2P) lender which directly connects investors to lenders while cutting banks out of the loop. This is a very hot market -- research firm Yingcan estimated that China's P2P industry brokered about 982 billion yuan ($142 billion) in loans in 2015 -- nearly quadruple the amount brokered in 2014.
But it's also a risky industry. Last August, Chinese regulators claimed that about three quarters of all online P2P lenders had problematic loans, and started capping loans from a single site at 200,000 yuan ($29,000) and limiting maximum P2P loans at one million yuan ($145,000) per individual. P2P lenders were also barred from taking public deposits and selling wealth-management products. Yirendai ranks its lenders' credit-worthiness with a letter ranking. Nearly 88% of loans last quarter were made to grade D borrowers -- which is definitely a red flag.
But despite those headwinds and risks, Yirendai's growth remains remarkable. Total revenues rose 102% annually to 6.67 billion yuan ($967 million) last quarter, and its net income surged 356% to 379.8 million yuan ($55 million). Wall Street expects Yirendai's revenue and earnings to respectively rise 54% and 21% this year -- which makes its trailing P/E of 9 look very cheap.
But mind the risks...
YY and Yirendai both look cheap relative to their growth, but investors should be well aware of the risks. YY faces a lot of competition in the Chinese live streaming video market, with many leading social networks -- like Weibo, Tencent's WeChat, and Momo -- all attracting broadcasters and viewers with the same business model.
The CAC (Cyberspace Administration of China) also repeatedly cracked down on these live streaming apps, claiming that they violate "socialist core values" while causing a "negative impact" on younger users.
As for Yirendai, its core business could collapse if its low-grade lenders start defaulting or the government introduces more regulations. Lending Club's collapse over the past two years has also raised tough questions about the sustainability of the P2P lending business model.
Therefore, investors should carefully weigh these risks and rewards before buying either stock. But if YY and Yirendai can address the biggest concerns about their core businesses, their stocks could climb much higher over the next few years.


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On Thursday, the Ohio Department of Health released an order that requires all Ohioans to stay at home between the hours of 10:00 p.m. and 5:00 a.m. unless they are engaging in designated “Protected Activities” or “Essential Activities”. Governor Mike DeWine first announced the order on Tuesday. The order takes effect immediately and expires on December 10, 2020.
Dubbed the “Stay at Home Tonight Order”, the new directive does not directly require that any businesses cease operation – as was the case with the previous Stay at Home Order from March. The new order permits individuals to leave their homes during the restricted hours to “engage in employment, including volunteer work.” Of course, those businesses that rely on in-person customer interaction, such as bars, restaurants, and recreational facilities, will be the most affected.
Other Protected Activities or Essential Activities under the order include:
Health and Safety – travel to the doctor’s office, pharmacy, or veterinarian;
Necessary Supplies – travel to buy groceries, cleaning supplies, or other items necessary to maintain a residence;
Social Services – travel to obtain social services provided by places like food banks or day care facilities; and
Care for Others – travel to care for family members or friends.
The order comes as several local health departments took their own actions to stop the spread of the coronavirus. As of November 20, health departments in Cuyahoga, Franklin, Hamilton, Medina, and Summit counties had all issued similar versions of a stay at home advisory. The advisories, which are not legally binding, ask individuals to “stay at home to the greatest extent possible,” and to avoid holding indoor or outdoor gatherings. If you have questions about how the advisories affect your employees working in any of these counties, please contact a KWW professional.
Ohio’s curfew order is the second significant order from the Department of Health in as many weeks. In a prior update, we wrote about the state’s enhanced efforts to enforce mask mandates in retail establishments.
Ohio joins several other states in implementing new measures to combat the explosion of COVID-19 cases. This week Michigan limited gatherings to no more than 10 people and required mask wearing at all gatherings; Pennsylvania required masks to be worn at all times when outside the home; and Indiana enhanced its penalties for businesses found not to be enforcing the state’s policy on masks.
As we enter a new phase of the pandemic, we encourage you to contact any of our KWW professionals with any questions you may have regarding new health orders or other workplace matters. As always, your workforce is our priority.

domain: news


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Google has issued invites to a shindig at the end of the month, where the search giant is expected to reveal the latest Nexus phone -- the hotly tipped LG Nexus 4.
The New York-based event, which kicks off at 10am (2pm UK time), on 29 October, has an invite that shows a colourful Big Apple skyline and the text, "The playground is open" enclosed within a Google search box.
The event will take place mere hours ahead of the, in what's likely a brazen attempt to purloin Microsoft's thunder, or a ploy to kill off technology journalists by forcing them to type themselves to death.
While Google could be revealing anything in theory, it's reckoned that the bash will centre on Android, including news on updates to Android 4.1 Jelly Bean and -- possibly -- a glimpse at one or more new devices.
A bevy of smart phone leaks in recent weeks putsat the top of the likely-list for Google's hoe-down, not least because it's already been tipped to arrive on the .
Pictured extensively in leaked snaps, the so-called Nexus 4 is all but certain to pack a quad-core processor, a 4.7-inch 768x1,280-pixel display and 2GB of RAM.
An 8-megapixel camera is also tipped, but it doesn't look like this mobile will feature a microSD card slot, which would be bad news.
It's expected to run Android 4.2 which, as, will have at least one intriguing new feature -- a double-swipe notification bar that will play host to something called 'Quick Settings'.
Myself and my CNET UK colleagues will naturally be rattling furiously away at our keyboards to bring you news and analysis of whatever Google has to say. If you also want to keep up with the action live, the big G will be streaming the event via youtube.com/android.


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Unbanked, a cryptocurrency card and buying and selling platform, stated Could 25 that it might be winding down its providers attributable to harsh U.S. laws.
Laws affected funding
Unbanked cited laws as the first purpose for its shutdown. The agency asserted that regulators within the U.S. are “actively making an attempt to cease firms (banks and fintechs) from supporting crypto belongings – even when the businesses try to do it accurately and by the guide” and stated these regulatory efforts restricted its potential to boost capital.
Unbanked stated it just lately signed a time period sheet for a $5 million funding with a $20 million valuation. Although it didn’t state which laws prevented it from receiving the mortgage, it stated it in the end had not obtained the funds as of but.
The corporate stated the funding would have allowed it to develop its operations. It stated that if it does obtain the funds, it would resume operations.
Unbanked however suggested all prospects to withdraw their cryptocurrency and U.S. greenback balances instantly. The corporate stated it might go away withdrawals open for 30 days however beneficial that prospects start withdrawals sooner.
The corporate didn’t state whether or not it plans to file for chapter.
Different crypto service failures
Unbanked has provided crypto card providers and buying and selling providers since 2017. The corporate raised $4 million over its 5 years of operation from about 6,000 traders.
This places Unbanked within the firm of different comparatively small crypto firms which have shut down just lately, together with the retail cryptocurrency exchanges Hotbit and Coinloan and Digital Foreign money Group’s institutional buying and selling subsidiary TradeBlock.
The put up Unbanked shuts down crypto providers, says US laws prevented fundraising appeared first on CryptoSlate.


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Wireless microphones that operate in the 700 megahertz band of spectrum will be affected.
The FCC adopted an order Friday that will clear the way for the deployment of the next generation of wireless devices and for the rollout of public safety communication services. The FCC's order bans the further distribution and sale of wireless microphone and other devices that operate in the 700 megahertz band of spectrum. The agency said these devices may interfere with the other services that will be operating in this band of spectrum.
The FCC is giving those individuals or groups that have wireless microphones or other devices that currently operate in this swath of spectrum until June 12 to transition to a different frequency. Those who currently own wireless microphones can find information about whether their device is affected by the FCC's order through the agency's Web site.
Steve Largent, president and CEO of the wireless industry group CTIA, praised the FCC's order, saying "it will help ensure that harmful interference does not hamper commercial wireless carriers' fourth generation deployment plans, which promise to increase mobile broadband availability and adoption, as well as create much needed jobs."
NEXT STORY Defense Department taps new cloud service


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Global trade hits a record of $7.7 trillion in the first quarter of 2022. However, most of the value increase is due to inflation rather than the trade volume.
Trade continues to be an engine for economic growth while the trade growth is expected to slow for 2022.
More details can be found on UNCTAD’s latest Global Trade Report. More here: Globsl Trade hits record
Source: WEF / UNCTAD
The United States (US) Government will be providing US$2 million in support of the creation of a Cyber Centre of Excellence in Jamaica, which will benefit the wider region.
US Vice President, Kamala Harris, made the announcement during a call with Prime Minister, the Most Hon. Andrew Holness, on August 8.
A statement issued by the White House said that the call “is part of the Biden-Harris Administration’s ongoing efforts to elevate engagement with Caribbean leaders given our shared interests and common bonds”.
During the communication, the Vice President and Prime Minister Holness welcomed progress made on three short-term joint US-Caribbean committees that President Biden and the Vice President launched in June to produce concrete, near-term solutions to urgently address food security, energy security, and finance challenges confronting the region.
Vice President Harris met with Prime Minister Holness on March 30, where they discussed a range of issues, including security, COVID recovery, and economic growth.
On April 29, the Vice President convened Caribbean leaders virtually and on June 9, President Biden and the Vice President met with Caribbean leaders at the Summit of the Americas in Los Angeles.
In addition, during the call, and throughout these engagements, the Vice President made clear that the US, as a neighbour in the Western Hemisphere, values its partnerships with Caribbean nations and that it is committed to addressing the region’s most pressing issues together.
VP Harris also congratulated Prime Minister Holness and the people of Jamaica on the occasion of the nation’s 60th anniversary of independence.
HMRC has warned UK firms yet to begin using the new Customs Declaration System that they may soon be unable to import products into the country.
Over 3,500 firms risk significant delays if they don’t move to the new service within the next two months and are being warned that registration and adoption aren’t instantaneous either.
HMRC’s director of programme and operational delivery for borders and trade, Julie Etheridge, noted, “There are now only two months left until businesses must use CDS for imports. Businesses need to move now or risk being unable to bring their goods into the UK.
“Registering takes time so businesses should start moving to the Customs Declaration Service to ensure a smooth transition and avoid disruption to their business.”
The new Customs Declaration System, brought in following the UK’s departure from the EU, includes a number of significant changes for importing businesses, including;
Learn more here: HMRC


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This was the week autonomous trucking startups declared their allegiance to truck drivers. As FreightWaves reported, Starsky Robotics launched a new campaign titled “The future of driverless trucking is not driverless.” TuSimple partnered with Pima Community College on a certificate program for truck drivers. “Human drivers will have to interact with our vehicles for the foreseeable future,” said TuSimple director of public affairs Robert Brown.
This messaging diverges from what companies were saying only a couple of years ago. In an interview with Reuters in 2017, Starsky founder and chief executive Stefan Seltz-Axmachers said the company’s goal is to employ robotics, sensors and software to “make trucks completely driverless.”
While the rhetoric may be shifting, the business models haven’t budged. Starsky is still focused on remote drivers piloting last-mile deliveries, while TuSimple is focused on long haul. Still, expect other driverless companies, startups and established manufacturers, to follow suit with driver-friendly talking points.
“It is abundantly clear to me that it’s not just an intellectual capital game but a financial capital game. The risks are so big and opportunities so massive that there will be few players that have intellectual capital and financial capital. I don’t think it’s winner take all but it’s a big boys’ game.”
-Michael Ronen, a managing partner at SoftBank’s Vision Fund, on the role money will play in determining who wins the self-driving car race. (The Information)
Did you know?
One-fifth of the world’s oil supply travels through the Strait of oil Hormuz, the site of tanker attacks on June 13.
In other news
Amazon-Whole Foods celebrates two year anniversary
Surveys suggest Amazon has chipped away at the “Whole Paycheck” reputation that had hurt the grocer. (WashingtonPost)
Japan to build five bullet trains in India
JR Central, a private rail network in Japan, is building the network. (UrbanTransportNews)
Transportation secretary Elaine Chao sells stock in highway supply company
The transaction comes just days after the holding raised questions over a potential conflict of interest. (New York Times)
Annual auto emissions inspections could become a thing of the past in Pennsylvania
Proposed legislation notes that less than two percent of vehicles that are eight years old or newer failed their emissions test. (PennLive)
Target’s announcement that it will offer same day shipping shines a light on the delivery services that are making the retail delivery wars possible. The big box store’s new offering comes courtesy of Shipt, a service Target acquired for $530 million in 2017. Prior to today’s announcement, Target shoppers were directed to the Shipt website. Now the service has been integrated into Target.com, for a seamless, immediate gratification shopping experience.
Hammer down, everyone!


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It protects temperature-sensitive shipments (+15°C to +25°C) from temperature variations (heat or cold) during the tarmac handling phase thanks to the use of innovative materials.
With this successful attempt, Turkish Cargo has broken the previous record held by Emirates SkyCargo, which on April 23 carried 66 tonnes of cargo that included a mix of general cargo, perishables and sanitisers.
The winning offer is based on the conversion of an existing CEVA Logistics multi-user site at Bangna-Bangkok, into a 7,600 sqm facility completely dedicated to Pernod Ricard.
Being an over-dimensional length cargo type, it required a nose loader and a full Boeing 747-400 freighter was used for transportation.
Businesses in any of these 70 cities can now partner with the delivery service provider to have items instantly delivered to their customers within one hour.
Ethiopian operates B777-200F on the route, which helps with reduced flight hours, seamless connectivity and better payload.
SAS Cargo recently received the IATA CEIV (Center of Excellence for Independent Validators) pharma recertification and that has reinforced its presence during the ongoing Covid-19 crisis.
The new company IDEALworks GmbH is located in Munich and in its initial phase, the team consists of around 30 experts from a wide range of fields and nationalities.
The company offers a unique, coordinated portfolio of different high-performance thermal container and box solutions that enable it to handle such a complex, international logistic task.
Over the course of the last two months, the company has brought on board a total of eight new members.
Asia Pacific trade lanes show double-digit capacity growth compared to the previous two weeks. Freighter capacity only increased significantly on Europe-Asia.
The vaccines were safely loaded into an Envirotainer RKNt2 container and then shipped by Emirates SkyCargo from Moscow to Dubai International Airport
Menzies Aviation provided handling support at Budapest Airport for the small consignment of the Russian produced Covid-19 vaccine, Sputnik V.
The Abuja service will be operated by the airline’s state-of-the-art Boeing 787 Dreamliner.
Commercialisation in support of Covid-19 related activities and also remote area deliveries would commence for 2021 projects once testing is complete.


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Having spent 15 years encouraging its consumers to keep walking, Johnnie Walker now wants to them go further with joy.
The whisky brand’s new campaign, Joy Will Take You Further, features sports and entertainment stars such as Jenson Button and Jude Law, and promotes the notion that joy can be a catalyst to progress. It’s been designed, says brand owner Diageo, as an extension to the brand’s Keep Walking campaign.
Chief marketing officer at Diageo Syl Saller said: “I am hugely excited about the potential of this new campaign to drive Johnnie Walker forward to the next decade of growth.
“It is rooted in consumer insight and tells stories of people who have walked with joy.”
Global brand director Guy Escolme added: “Two centuries of experience have taught us that progress doesn’t have to be an uphill journey.”


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Jill Biden has encouraged people to 'vote' with her fashion statement ahead of the 2020 US presidential elections. Joe Biden's wife stepped out wearing a pair of classic black boots with a message printed in silver that read 'vote'. Dr Jill Biden wore her 700 Stuart Weitzman when she joined the democratic US Presidential election nominee in Delaware for early voting in an attempt to raise awareness about voting. Being an educator, a professor, Joe Biden's wife Jill Biden tried to start a conversation about voting. According to a report by The Hill, Michelle Obama was also spotted making a fashion statement with 'vote' accessories to raise awareness. During her speech at the Democratic National Convention, Michelle Obama was spotted wearing a gold necklace that read 'vote'.
Jill Biden's boots were from Stuart Weitzman's limited-edition collection. The brand collaborated with 'I am a voter' to raise awareness about voting ahead of the 2020 US presidential. Stuart Weitzman donated 100% of the net profits from the sale of the limited edition boots to the nonpartisan non-profit. I am a voter is an organisation that aims to raise awareness about voting and increase voter participation across the United States. The brand also tweeted a close up picture of Jill Biden wearing the limited edition boots with 'vote' motifs which were launched on August 23.
After the picture of Jill Biden's boots was posted on Twitter by Stuart Weitzman as well as a fan account, netizens couldn't help but react. Joe Biden's wife's initiative received a mixed reaction from people. While most praised her fashion sense and initiative, others pointed out that her footwear costs more than what most families earn.
Those are freaking awesome!!!— mariana Z (@mariana057) September 14, 2020
💙 This!! Can’t wait till you are our 1st lady!!!!— Julie Anne 🆘🌊💙🕶🌺☀🍺🏋🏻♀ (@bagan_jujubeans) September 14, 2020
Wearing boots that cost more than some families make. Thx @DrBiden for showing us how privileged you are— Theo😳Cost (@cost_theo) September 15, 2020
Some netizens took this opportunity to take a dig at the current First Lady of the US, Melania Trump for her choice of clothing. There were also those who tweeted pictures comparing Jill Biden's fashion statement to Melania Trump's fashion statement.
A lot different from the message Melania wore on her jacket when she went to the baby/child detention centers.— Elizabeth Bradbury (@isabellabc) September 14, 2020
Hmmmm. So let’s get this straight. Melania wears clothes reading, “I really don’t care. Do U?” Jill Biden wears boots reading, “VOTE.” The choice should be an obvious one, right? You go, Jill!— Chiripada (@arenaonpoint) September 15, 2020
What a comparison! pic.twitter.com/GyeUwkMwYJ— Harmony is a woman (@Harmony00651190) September 14, 2020
Cool boots. Let’s compare class vs. classless >>>>> Vote vs I don’t care, do you? Bahahahaha— Gabbizart (@klassylady20069) September 14, 2020
(With inputs from ANI)


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Australia’s prawn import ban is ‘causing serious damage’ to Vietnamese producers
The Vietnamese Government has accused Australia of “causing serious damage” to its prawn farmers and exporters, and has asked the Federal Government to reconsider the ban on uncooked imports.
Federal Agriculture Minister Barnaby Joyce announced a six-month suspension on the importation of raw prawns in January, following an outbreak of white spot disease in Queensland.
Vietnam’s Deputy Minister of Industry and Trade, Tran Quoc Khanh, said the ban had damaged his country’s aquaculture industry which exports about $55 million worth of uncooked prawns to Australia. “In our view, the ban is not in line with common practices and the spirit of nurturing and enhancing the existing good trade relationship between Vietnam and Australia,” Mr Tran told the ABC.
“The prawn import suspension imposed by the Australian Government has been causing serious damage to the prawn farmers and exporters in Vietnam. “A number of Vietnamese exporters specialising in the Australian market are facing the risk of going bankrupt due to the suspension.”
Australian authorities are still investigating how white spot disease spread to Australia, while prawn farmers have blamed Asian imports. Mr Tran said Vietnam should be allowed to keep exporting raw prawns to Australia until there was proof foreign imports were the source of the outbreak. “In the case that Australia continues to maintain the ban, Vietnam requests Australia to provide adequate scientific evidence as soon as possible, that shows a causal relationship between the prawn imports from Vietnam and the outbreak of white spot disease in Australia,” Mr Tran said.
Ban could break WTO rules
Vietnam said the ban may be in breach of a World Trade Organisation agreement on how governments could apply food safety measures to traded products, known as sanitary and phytosanitary (SPS) measures. “Some Vietnamese businesses view the suspension as going beyond the necessary extent provided for in the WTO agreement, but we are still studying this point of view of Vietnamese companies,” Mr Tran said.
The Seafood Importers Association of Australia has previously said the ban had damaged Australia’s international trade reputation, but the Department of Agriculture defended the move, saying it was necessary to protect the nation’s aquaculture industry. Mr Tran said he respected Australia’s sovereignty and biosecurity decisions, but nonetheless asked the Federal Government to reconsider the need for a ban.
“We are supportive of the actions taken by the Australian Government in applying necessary measures to control the outbreak,” he said. “This does not imply that we push aside the safety of the Australian prawn farming industry.
Mr Tran said Vietnamese uncooked prawn products had been exported to many countries around the world without facing any import suspension. “We are willing to support the Australian Government’s decision on prawn import suspension but only when — in the case that other measures which have less negative impacts on trade — have proved to be ineffective or useless,” he said.
Vietnam and Australia have disagreed over bilateral agricultural trade before. In 2015, Vietnam effectively banned the importation of fruit from Australia temporarily following a disagreement over Mediterranean fruit fly.
Suspension decision not taken lightly
An Agriculture Department spokesperson said the Government and the department had “the utmost respect for domestic farming industries in Vietnam and across the globe”.
“Our work to support technical market access in countries that Australia exports to, as well as those that we import from, is firmly based on the safety and biosecurity of local industries both in Australia and overseas, as well as the mutual economic benefits of trade,” the spokesperson said. “The department recognises that this suspension will have flow-on effects to Australian consumers and international exporters, including Vietnam.
“The decision to temporarily suspend trade is not one that has been taken lightly.”
The spokesperson said the suspension complied with the provisions of WTO agreements that allowed a member to temporarily suspend imports in certain circumstances.
The decision to suspend prawn imports will not be in place longer than is necessary to ensure the protection of the domestic prawn industry, which remains the first priority, the spokesperson said.


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Honda Amaze has been loved by the customers since its launch and within only 13 months since the launch of the Amaze, the company has sold 1 lakh units of the car in the Indian market. Celebrating the 1 lakh sales mark in the country, Honda has launched a special Ace Edition of the Amaze in the country. Based on the top-spec VX variant, the Ace Edition Amaze is available with both petrol and diesel engine options. The pricing for the Amaze Ace Edition petrol variants ranges between Rs 7.89 lakh (ex-showroom Delhi) to Rs 8.72 lakh (ex-showroom Delhi), while the price for the diesel version starts at Rs 8.99 lakh (ex-showroom Delhi) to Rs 9.72 lakh (ex-showroom Delhi).
Commenting on the launch, Rajesh Goel, Senior Vice President & Director, Marketing & Sales, Honda Cars India Ltd said, "All New 2nd Generation Honda Amaze has been a game changer for HCIL achieving exceptional success with over 1 lakh sales in record 13 months translating into 20 percent higher sales as compared to 1st Gen Amaze that was launched in 2013. The bold styling of Amaze has appealed to a lot of SUV intenders and First-time buyers. We would like to thank our customers for the confidence & continuous support that has enabled the brand to grow so strongly. To commemorate this success, we are introducing the special "Ace Edition" of Honda Amaze with an enhanced sporty and premium look."
Under the hood, the Honda Amaze Ace Edition comes loaded with a 1.2-liter petrol engine and a 1.5-liter diesel engine. The petrol engine is capable of producing 88 bhp of maximum power and 110 Nm of peak torque mated to a 5-speed manual gearbox, while the diesel engine churns out 98 bhp of maximum power and 200 Nm of maximum torque with the 5-speed manual transmission option. Both the engines can also be availed with a CVT automatic transmission option.
Being a special edition Amaze, the Ace Edition comes with a special edition cosmetic package as well. Looking sportier than the regular model, the Amaze Ace Edition gets three exterior paint options - silver, red and white. In terms of features, the Ace Edition gets black door visors, black lip spoiler as well as black alloy wheels to make it look sportier. Additionally, it also gets front room lamp, door edge protectors and ‘Ace Edition’ badging. Other than these, the special edition Amaze gets all the standard features from the regular model such as dual front airbags, ABS with EBD, rear parking sensors, Isofix child seat anchors, high speed alert system and seat belt reminder for driver and co-passenger along with paddle shifters with CVT transmission (petrol only), a 7-inch infotainment system with Apple CarPlay and Android Auto support, cruise control, rear parking camera support and passive keyless entry with push-button engine start-stop.
Recently, there has been a strong demand for the automatic variants of the Amaze with both the petrol and diesel engine choices. According to Honda, 20 percent of Amaze customers have opted for the automatic variant and the number is increasing while the Amaze subcompact sedan has been a strong seller for the company and has contributed to 52 percent of total HCIL sales in ongoing FY19-20.
However, this is not the first time that Honda has launched a special edition Amaze. The automaker had launched the Amaze Exclusive Edition based on the sedan's top-spec manual petrol and diesel models earlier in the country. The Honda Amaze continues its rivalry with the Maruti Dzire, Hyundai Xcent, Tata Tigor facelift, the Volkswagen Ameo and the updated Ford Aspire in the segment. Stay tuned to V3cars.com for further updates on Honda Amaze.


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Microsoft Corp. officially released an overhaul for its nascent Windows Phone software, in its latest attempt to catch up to Apple Inc. and devices running software from Google Inc.
The new software, dubbed Windows Phone 8, will include a bevy of new features, including the ability for apps, such as those from Facebook Inc. or Groupon Inc., to display recently posted photos or the latest daily deal on the device's home screen.
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Get 20% off with online Target promo code


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Mental health problems – and the tech products that address them – come in all shapes and sizes. There are “mental wellness” products like Calm and Headspace. On the more serious side of things, there’s Cerebral, Betterhelp, and, of course, markets for real, card-carrying therapists. If you have more moderate mental health problems, there are players like Noom (collected $657.3 million) with NoomMoodNasdaq-listed talkspace, Forever and youper (raised $3.5 million), which offers self-guided CBT therapy.
In these “moderate mental health problems” there is also room Blooma New York-based digital “self-therapy” mental health startup that claims it can help with mild to moderate mental health problems.
The startup says its users become “their own therapist” by using cognitive behavioral therapy (CBT) through video self-therapy sessions to address stress, anxiety and sleep problems. All sessions are designed by Dr. Seth Gillihan, author of CBT and Bloom’s Head of Therapy and CBT.
It has now secured an $8 million seed round led by Berlin-based VC Target Global. Also participating were Elysian Park Ventures, AngelPad and Sequoia Scout, plus founding members Scott Chacon (GitHub), Dominik Richter (HelloFresh), Niklas Jansen (Blinkist), Roland Grenke (Dubsmash), Joshua Cornelius & Mehmet Yilmaz (Freeletics), Ryan Bubinski (Codecademy) and Mariya Nurislamova (Scentbird). So a nice European line-up of angels.
Bloom’s CEO and co-founder Leon Mueller said in a statement, “Bloom is doing for therapy what Calm and Headspace have done for meditation — making it affordable, accessible, mainstream and commonplace.”
He and co-founder Daniel Lohse say they got the idea for Bloom after moving to New York last year and each looking for therapists.


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Fingerlings have been topping the wish lists of kids over the past year—and there’s about to be a new member of the Fingerling family. On Wednesday, WowWee, the company that produces the trendy toys, announced that it will be releasing a Narwhal in March.
“We looked at all the best features from the original series, and what people enjoyed the most from the plush Fingerlings Hugs, and then put that technology into these,” toy designer Sydney Wiseman told Parents.com.
She went on to explain that each Fingerling is equipped with a motion sensor known as “Kiss-Tech.” When the toy comes in contact with something, like a child’s cheek, the Narwhal makes a kissing noise while its horn lights up in different colors (hint: when the horn is rainbow, it means that the Narwhal is at its happiest!).
Kids can also talk to the interactive Narwhals, make them swim, or pet them to see their eyes blink and their tails flip up and down.
Costing $15 a piece, the new Narwhals will come in four different colors, each with their own names: Nikki (turquoise), Nori (blue), Nelly (purple), and Rachel (pink).
According to rumors, the latest Fingerlings will be released at this season’s New York Toy Fair and will be on shelves by April, just in time for Easter shopping.
And if past performance is any indication, the toy, whose slogan is “Friendship at Your Fingertips,” will likely be snatched up quickly. In 2018, WowWee’s Fingerlings won a Toy of the Year Award and was on numerous best-seller lists around the holidays. Not only that, but Wiseman was awarded the prestigious title of Creator of the Year in 2018 for Fingerlings.
What makes the furry friends so popular? Besides being adorable, Fingerlings “create an emotional connection right in front of your face,” Anne-Marie Kehoe, vice president of Walmart’s U.S. toy division, told the New York Times.


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IT outsourcing has moved way beyond just cutting the cost of internal IT and now finds itself as an important mechanism for businesses to generate new business lines.
Gone are the days that a business looking to move into a new area has to build its own IT to support it. It can work with an expert. They call them partnerships these days more often than not.
I wrote an article yesterday about how the London Stock Exchange is offering finance firms a platform based reconciliation service. The exchange offers finance firms its UnaVista reconciliation platform as a service.
Now in an effort to increase its customer base for this it is working with Indian IT service provider Wipro. Wipro has the infrastructure and expertise delivering software to customers globally via platforms so the partnership makes sense. It gives the stock exchange global reach.
The multi-tenanted platform is aimed at finance firms but could potentially go wider in the future. The combination of the exchange’s good trusted brand and Wipro’s reliable and secure infrastructuremight be attractive to customers.
So this is an example of an IT services firm supporting businesses in generating new revenue streams, rather than just cutting costs. This is how most services firms sell themselves these days.
It is also likely to increase as service providers invest in global delivery services and the infrastructures to support them.


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Dr. Schär USA hosted a ribbon cutting event to celebrate the expansion on its manufacturing facility located at 305 Heron Drive in Logan Township.
The Dr. Schär business has grown 70% since 2019.
An $18M investment was made to expand the facility 100,000 square feet to keep up with increasing demand. Over the coming months, renovations will continue, adding more production equipment and office space for its employees.
Notable speakers included Dr. Schär AG / SPA’s CEO Philip Schoeller, Dr. Schär North America CEO and President Hannes Berger, Dr. Schär North America Executive Vice President Robert Ehret, and Dr. Schär North America Plant Manager Simon Steckholzer.
The expanded facility features sophisticated, state of the art baking and packaging equipment—a necessary investment to handle current and future growth, as well as to alleviate stress for our employees on the line.
“The plant expansion is a bold step for the company—a huge investment and commitment for the US consumer,” Berger stated. “Our proximity to the customer is now even closer, allowing us to provide the freshest product to them. This is a purpose driven company, and we need to be as close to the consumer as we can.”
“Of our three company values: responsibility, progress, and proximity—all of which are very important to me—Progress resonates with me most,” Robert Ehret said. “It’s always about moving forward, trying to achieve goals and pushing the business farther than anyone thought we could.”
“We don’t just make bread like other facilities. We give people a home here at Dr. Schär and we’re one big family. Proximity goes both ways, to the people who consume our product and to our employees,” Steckholzer said.


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The National Frozen & Refrigerated Foods Association (NFRA) will launch a national promotion for March Frozen Food Month that will deliver the positive message, “It’s Real Food…Just Frozen!”, to consumers across the USA, through various mediums.
“By uniting the industry around a collective promotion, consumers will see common messaging that creates interest around frozen foods, drives traffic and benefits the entire department,” according to NFRA.
NFRA and sponsoring frozen food brands will reach consumers across multiple platforms with several initiatives. March sponsoring brands will run digital coupons and offers on Coupons.com. An integrated media partnership with WestwoodOne will deliver the frozen food message across radio, email, online and through social media.
Strategic partnerships will expand the promotion’s reach to new audiences. The Mr. Food Test Kitchen will create a March Frozen Food Month TV segment that will air to five million viewers. NFRA’s panel of 11 food bloggers will engage their followers with creative recipes and meal assembly ideas using frozen foods. On social media, Frozen Food Month and sponsoring brands will be promoted throughout NFRA’s consumer-facing Easy Home Meals properties. In addition, a $10,000 Sweepstakes and a four-week freezer giveaway courtesy of Hussmann will engage consumers online at EasyHomeMeals.com.


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New Orleans has teamed up with Intex to create a new range of slides for the New Orleans Football team.
The slides will be featured at a special event that the Saints will hold on April 27th at the NFL headquarters in New York City.
“The introduction of the new Nike Slide series is a big step in bringing the NFL brand to our fans in New Orleans,” said Mark Waller, President of Intex Sports & Entertainment, in a statement.
“We look forward to showcasing the new Intex Slide series and bringing it to fans in our hometown of New Orleans.”
We know the New York fans will love this new series and the new graphics on the slides that feature Saints players.
This will also help promote the New Saints team,” Waller added.
The New Orleans team is coming off a disappointing season, and its in a tough spot right now, so it’s nice to see an effort like this.


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Straight out of T-Mobile's press release, here's a look at what it has on offer:
- $40 / month for unlimited data, talk and text + up to 1GB of 4G LTE
- $50 / month for unlimited data, talk and text + up to 3GB of 4G LTE
- $60 / month for unlimited data, talk and text + up to 5GB of 4G LTE
Sprint's prepaid plans are a little cheaper -- $35 for 1GB of data, $45 for 3 GB of data and $55 for 6 GB of data -- but come with some caveats. For example, video streaming on Sprint's prepaid plans is limited to the carrier's slower 3G networks. And customers get charged overage fees if they exceed their allotment on Sprint.
On T-Mobile, exceeding your data plan won't trip overage charges, although your speed will be slowed way down. Prepaid customers won't get access to some of the perks of T-Mobile's normal subscribers -- namely, the program that exempts any data used by streaming music services from counting against your monthly quota. Users will be able to make calls over WiFi networks.
It's no secret that T-Mobile is gunning to unseat Sprint as the nation's third-largest carrier overall, and that it's coming close to meeting that goal. Over the summer, T-Mobile chief executive John Legere predicted that it would happen by the end of 2014 -- a challenge that he softened in an end-of-year letter with predictions for 2015.
T-Mobile will - officially - become the No. 3 wireless company in America in 2015. This summer, I said we’d blow by Sprint by the end of 2014 to become the No. 3 wireless company in the US. They have been swinging the bat since I made that statement, so we won’t know where things stand until we get the final score after we both report Q4 earnings, but whether it is now – or soon – I’m telling you, it’s a done deal!
Early reports from Sprint indicate that a late-year rally may let the carrier keep its third-place crown for another quarter, as Forbes reported. But analysts expect T-Mobile to report it's pulled within 1 million subscribers of Sprint when it reports its final numbers for 2014.
T-Mobile has said that, overall, it added 8.3 million customers in 2014, capping off seven consecutive quarters of growth.
Part of its success comes from going after the coveted millennial demographic as it tries to win converts from other networks and become the carrier of choice for young people picking up their first smartphones. In that way, T-Mobile is mirroring moves from companies in other sectors that are responding to the fact millennials aren't huge fans of contracts but still want to get premium goods and services.
And -- at least according to T-Mobile itself -- that plan has been working. "My customers are cool and young. And they're coming, and we're taking over," Legere said last month.


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Virgin ponders UKTV sell-off to slash debt
Cable giant Virgin Media is considering selling its prized broadcast division in a bid to slash its debt mountain.
It is understood that an auction of the group's 50 per cent stake in UKTV, the content business behind the Dave digital channel, could be unveiled early next month.
Including other content assets, such as Virgin Media's Living channel, the deal could raise between £450-£500million for the cable operator.
Scrambling: Virgin Media may sell its share in UKTV to tackle its debt mountain
Chief executive Neil Berkett, who unveils Virgin Media's full-year results this morning, has been scrambling to reduce its £4.3billion overdraft.
Cash-crunched Channel 4 is the front runner to snap up the UKTV stake, although BSkyB, 5-owner RTL and a host of other US TV groups could also enter the fray.
The government is attempting to orchestrate a merger between Channel 4 and BBC's commercial wing, BBC Worldwide --Virgin Media' partner on UKTV.
BBC Worldwide has first option to buy out Virgin Media.
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Jazz sensation Jamie Cullum will be among the headline acts for next year’s Cornbury Music Festival.
The 13th Cornbury Music Festival, called The Baker’s Dozen, takes place between July 8 and 10, at Great Tew Park, near Chipping Norton.
Soulful piano virtuoso Jamie Cullum, 80s acid jazz pioneers Soul II Soul, R&B singer Lemar and rock ‘n’ roll survivor Wilko Johnson will make the line-up on the Friday.
This is the first year Cornbury features a full day Friday line-up, with the arena opening at 9am and artists performing from 11am.
In another new move, organisers are offering up to 30 per cent earlybird discounts on day tickets for the Friday from today, Thursday, for 13 days only.
Also joining the festival line-up are ska veterans The Beat along with newcomers Port Isla and The Lottery Winners.
Promoter Hugh Phillimore said: “Spookily we’ve got our best three day festival line-up for our 13th year and it’s a huge relief to be able to get at least one day off my chest!”
More names will be announced in the New Year.
Friday earlybird tickets cost £50 for an adult, £5 for a child. They can be ordered online at cornburymusicfestival.com and vouchers are available to be downloaded for Christmas.
All tickets are subject to booking fees.
All children aged two and under, and disabled carers can get in for free.
To mark its 13th year, the festival has also launched a friends’ scheme.
People who pay £100 to be a festival friend will get a 30 per cent discount on up to eight full-price weekend tickets which are available until the end of January via the telephone booking service on 0844 338 0000.
Visit the website for full details on the membership scheme.


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AIRASIA X will introduce direct flights from Kuala Lumpur to Sydney’s Kingsford Smith International Airport starting April 1, 2012.
The Kuala Lumpur-Sydney route will be operated daily, using an Airbus A330-300 aircraft with 12 premium flatbed and 365 economy seats.
“Australia is a key market for AirAsia X and the Sydney route has long been a priority due to strong demand from travellers across the globe especially Asia,” said AirAsia X CEO, Azran Osman-Rani.
Sydney, AirAsia X’s fourth destination in Australia after the Gold Coast, Melbourne and Perth, will also be available for fly-thru bookings from Indonesia (Bali, Medan, Surabaya, Jakarta), Thailand (Bangkok, Phuket), Singapore and Vietnam (Ho Chi Minh City), allowing passengers to seamlessly purchase two flight sectors and connect via Kuala Lumpur.
Destination NSW CEO, Sandra Chipchase said: “Destination NSW in conjunction with Sydney Airport, Tourism Australia and AirAsia X will be investing in a two-year marketing and promotion plan for the new AirAsia X Kuala Lumpur to Sydney route.”


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Delta Air Lines Inc. (NYSE: DAL) topped earnings estimates for the third quarter of 2019 while revenues matched expectations. However, shares fell 3.6% in premarket hours on Thursday as the company’s profit outlook fell short of analysts’ estimates.
Total operating revenue grew 5% year-over-year to $12.6 billion, in line with consensus estimates.
Net income rose 13% to $1.5 billion, or $2.31 per share, compared to the prior-year period. Adjusted EPS jumped 29% year-over-year to $2.32, beating forecasts of $2.26.
Total adjusted revenue, which excludes refinery sales, grew 6.5% to $12.6 billion, driven by a 9% increase in premium product ticket revenue as well as increases in loyalty and third-party maintenance revenue, as the company served a record 55.2 million passengers in the quarter. Cargo revenues fell 17% due to lower volumes and yield.
During the quarter, the Domestic, Atlantic and Latin regions saw revenue increases driven by higher capacity and unit revenue. In the Pacific region, revenues declined 4.6%, mainly due to a 7.6% decline in unit revenues caused by weaker macroeconomics, trade uncertainty and currency headwinds.
In the third quarter, revenue passenger miles increased 5.6% while available seat miles improved 3.9%. Passenger revenue per available seat mile (PRASM) was up 1.7% while total revenue per available seat mile (TRASM) rose 1.1%. Adjusted unit revenue was up 2.5%.
Operating cost per available seat mile (CASM) was down 2.1% while CASM-Ex was up 2.4%. Passenger load factor improved by 1.4 points to 88.3%. Average price per fuel gallon decreased 12.2% to $1.94. On an adjusted basis, average price per fuel gallon was down 11.5% to $1.96.
For the fourth quarter of 2019, the company expects EPS to come in a range of $1.20-1.50. Analysts had forecast Q4 2019 EPS of $1.51.
Adjusted TRASM is estimated to grow 0-2% while CASM-Ex is expected to increase 4-5% year-over-year. System capacity is projected to rise around 4.5% year-over-year. Fuel price, including taxes and refinery impact, is expected to come in the range of $2.00-2.20.
Delta has declared a quarterly dividend of $0.4025 per share, payable on November 14, 2019 to shareholders of record as of October 24, 2019.
During the quarter, Delta entered into a strategic partnership with LATAM Airlines, under which the company will invest $1.9 billion for a 20% stake in LATAM. Delta will also acquire four A350 aircraft from LATAM, and has agreed to assume LATAM’s commitment to purchase 10 additional A350 aircraft. Delta expects the transaction to be accretive to EPS over the next two years but does not expect it to impact existing financial commitments.
The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,
Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a
Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss


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MediaMation Inc. creators of technological solutions to the cinema, themed entertainment and amusements market and MX4D Motion EFX theatres, has introduced a new product, SafeTSeat.
MediaMation has partnered with TCL Chinese Theatres to install safety seating into their theatres ahead of reopening.
SafeTSeat is a plexiglass barrier that is installed between the seats at cinemas and entertainment venues to enable the safe social distancing of visitors attending MX4D Motion EFX theatres.
SafeTSeat is one of the first protective inventions to serve specifically for the public seating. With a plexiglass screening in between seats, the device is designed to give guests greater confidence in attending theatres, whilst guaranteeing social distancing. The clear screen helps provide visitors with an immersive experience without feeling confined.
Talking about the installation of SafeTSeating, a representative for TCL Chinese Theatres said: We are planning to initiate a safety protocol for customers that are as good if not better than of our peers. The SafeTSeat is among the key components that will help make the plan an industry standard as we await permission from the country to reopen.”


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In a new video, the developer behind the upcoming Ghost in the Shell Online for PC has stated that the game will receive a US release before other regions.
The game is currently being developed by Neople, a wholly owned subsidiary of Nexon, and while it will have initial testing done in Korea the first official release of the game will be in the US.
This new game is also based on the Stand Alone Complex anime series and has also had support from Production I.G, the animation studio behind the anime. It also seems that Neople have gone to great lengths to get the feel of the world right, so the final game could be actually decent.
Due to the host work, the game also seems to have a lot of interesting mechanics that have been borne out of the cyberpunk influence. Not to mention the inclusion of various mecha related elements, with the new support setup being notable.
Neople are also boasting that the game will feature over 5,000 possible combinations of cyborg customization. So that will definitely mix things up, as the game is ostensibly a first person shooter, which is already a very functionally standardized genre as it is.
While the below video is predominantly in Korean, there is a nice amount of new gameplay footage and it seems the game is coming along nicely.
As this is a Nexon game and expected to be freemium with it, there's still no detail on how the payment setup will work. Many fans are concerned that Nexon will overdo the payment model and make this game egregiously pay-to-win. Considering Nexon's prior track record of similar behavior this is a fairly valid concern.
Despite there being no word on a specific release date as yet, the game is expected to be released on PC sometime later this year.
Read my Forbes blog here.


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Coca-Cola inspires to dance for lives in the global #CokeREDMoves movement
Land Rover launches a competition to win a space trip with Virgin Galactic: open in 40 countries
49% of consumers show interest in ‘phygital’ products and services like Google Glass, latest Microsoft study finds
Apple previews NFC-enabled mobile payment system Pay in the U.S.
McDonald’s tests a BagTray in Hungary and goes through strategic restructuring globally
Wearable technology: fashionable accessory or a chance to improve public health?


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Mexican tomato growers have announced that they have executed a final agreement with the U.S. Department of Commerce to suspend the investigation on imports of Mexican tomatoes into the United States. "The agreement was hard fought, but we were able to secure a number of important provisions that will make this deal work for our distributors and customers," said Mario Robles, Director of the Sinaloa growers association.
Chief among the provisions is the commitment that inspections will be conducted by the U.S. Department of Agriculture in accordance with its normal practice, including being done in a timely manner and completed within 24 hours. Commerce also committed that the inspection program – which does not take effect for at least six months – will be developed and implemented in consultation with experts at the USDA.
"These provisions help relieve our concerns that the United States was setting up a de facto quota or volume restriction," said Rosario Beltran, President of the grower association CAADES. "We hope these provisions will give comfort to the many interests in both countries concerned about bottlenecks at the border and supply chain delays."
The Mexican growers were also able to preserve the ability to sell directly to U.S. retailers and otherwise protect the rights of these and other U.S. buyers to seek damages in the infrequent event of a breach of warranty. "It was very important to us that our U.S. customers not lose their options and we are happy that Commerce agreed," said Salvador Garcia, President of the Baja growers association.
"Considering that we started the negotiations with Commerce with the Florida Tomato Exchange demanding that the reference prices should be extended downstream to the final sale and that U.S. buyers be stripped of legal rights, we believe we have ended up in a much better place," said Oscar Woltman, President of AMHPAC, Mexico's largest growers' association.
"We take the Department of Commerce at its word that the agreement is not designed to impede trade and we thank the Department's team for working with us to make important changes to the agreement in the last 30 days," said Antonio Gandara, President of the Sonora growers association. "We look forward to continue supplying the best tomatoes in the world to U.S. consumers."


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Subway launches new creative brand campaign
By Staff Marketing, marketingmagazine.co.uk, Tuesday, 08 September 2009 05:10PM
LONDON - Subway has today announced a new creative direction for the brand, to be launched later this month.
The new strategy, jointly created by Momentum and McCann Erickson, promotes the chain's customisable products using fresh ingredients and makes the claim that there is a perfect Sub for any occasion.
The campaign comprises of TV, outdoor advertising and a whole suite of in-store POP materials in addition to PR and the objective is to drive footfall in stores across the UK and Ireland.
The retail work, created by Momentum, includes two promotions; ‘Steak & Pepper Cheese' and ‘Sub of the Day'; new staff uniforms; and point of sale collateral.
The TV ads, created by McCann Erickson London, include two 30- second and three 10-second TV spots, and an outdoor campaign including bus shelters, billboards and telephone kiosk wraps. The work will roll out across the remainder of the year.
This article was first published on marketingmagazine.co.uk
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Minerva buys United News building for £69m
Property group Minerva said it would buy Ludgate House in central London for £69m in cash from United News & Media.
The company said the 173,936 sq ft builidng was leased to United News & Media for an unexpired term of 15 years at a rent of 4.87 million pounds per year, which Minerva has a right to terminate at the 10th year.
Minerva's shares stood unchanged at 240p at 1330 GMT.
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(Any opinions expressed here are those of the author and not of Thomson Reuters)
The size and swiftness of the current price spike in onions has surprised everyone, even those who have been dealing with India’s most politically sensitive commodity for decades. How come retail prices have doubled in Mumbai in a week? Why did prices at Lasalgaon, India’s largest wholesale onion market, rocket 38 percent on Monday?
Sure, stocks are low after a drought last year in Maharashtra state, the top onion producer in the country. And there have been reports that this year’s crop is damaged in some pockets because of heavy rains – but that’s just a few thousand hectares.
It’s getting so bad that the government has had to cease its mantra of buy less, export more for other costly commodities and import onions for Indians to cook their classic dishes.
Mumbai housewife Radhika Patel can partly explain things. She bought 10 kg of onions at a Reliance Fresh grocery store in the financial capital – five times the amount she normally buys for a week’s use. This time, she picked up two bags of five kg each because “news channels were saying prices will rise to 100 rupees per kg.” So she thought buying in bulk at 58 rupees a kg was a smart move. Reliance Fresh has seen a spurt in sales of five kg bags compared with onions sold loose.
Television channels and other media have hyped the 100 rupees per kg fear this month, busy reporting how onion prices are bringing tears across the country. That prompted consumers to buy more and advance purchases.


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NIO Stock – Why NIO Stock Dropped
What occurred Many stocks in the electric vehicle (EV) sector are actually sinking these days, and Chinese EV maker NIO (NYSE: NIO) is actually no exception. With its fourth quarter and full year 2020 earnings looming, shares fallen pretty much as ten % Thursday and stay downwards 7.6 % as of 2:45 p.m. EST.
Li Auto (NASDAQ: LI)
So what Fellow Chinese EV maker Li Auto (NASDAQ: LI) noted its fourth quarter earnings nowadays, though the outcomes shouldn’t be worrying investors in the industry. Li Auto reported a surprise gain for the fourth quarter of its, which may bode very well for what NIO has got to tell you in the event it reports on Monday, March 1.
however, investors are knocking back stocks of these top fliers today after lengthy runs brought high valuations.
Li Auto reported a surprise positive net revenue of $16.5 million for its fourth quarter. While NIO competes with LI Auto, the companies provide somewhat different products. Li’s One SUV was developed to deliver a specific niche in China. It includes a tiny gasoline engine onboard that can be used to recharge the batteries of its, allowing for longer travel between charging stations.
NIO (NYSE: NIO)
NIO stock delivered 7,225 vehicles in January 2021 plus 17,353 in its fourth quarter. These represented 352 % and 111 % year-over-year gains, respectively. NIO Stock recently announced its first luxury sedan, the ET7, that will also have a new longer-range battery option.
Including today’s drop, shares have, according to FintechZoom, actually fallen more than 20 % from highs earlier this season. NIO’s earnings on Monday might help ease investor nervousness over the stock’s of good valuation. But for now, a correction stays under way.
NIO Stock – Why NYSE: NIO Dropped


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Intertops Casino Winners Offer Tips on Winning at Slots
Intertops Casino (http://casino.intertops.eu) congratulates two lucky players in its online casino. Alan N. had an over $70K winning streak playing the car race-themed Dream Run and the Rain Dance slot. John F. hit a $15K progressive playing the holiday classic, Naughty or Nice making it an early Christmas for him.
After a series of wins under $100, Alan N. got 5 of Dream Run’s “Pit Girl” symbols and won $37,500 on one spin. Things were heating up as he started winning larger payouts, between $100 and $500. During the free game feature, he won a total of $42,300.
“I was amazed and yelled very loudly,” he told his VIP player representative. “My first thought was, oh my gosh what did I get? Then it was like, well that was the best possible spin at the best possible time! It was a bonus spin that won’t be forgotten.”
On the same weekend he had another amazing streak playing Rain Dance where his winnings totaled an additional $36K.
Alan, who said he likes to play the stock market when he’s not enjoying slots, says he’s going shopping online and will treat himself to a big flat screen TV.
“If you want my advice,” Alan says to wannabe winners, “My tip to anybody playing slots is to vary your bet and don't stick to one size of bet. Go up and go down on your bet.
“I have been playing at Intertops for a long time and the biggest reason I play there is their customer service.”
Meanwhile, John F. hit the SD progressive playing Naughty or Nice and won $15,849 on one $2 bet.
“I was shocked!” John told an Intertops Customer Service representative. “I’ve never won that much money before, I was extremely happy.”
John, a Restaurant and Night Club Manager, hasn’t told his wife or twelve-year-old daughter about his good fortune yet.
“I really didn’t share with anybody yet. I’m going to surprise my wife!”
John plays Naughty or Nice regularly, but he has some other favorites as well. “I also like Return of the Rudolph, Achilles and White Rhino.”
“If you want to win at this game you just have to keep at it,” he advises. “I trust Intertops as opposed to other online gaming sites.”
Intertops’ $180,000 Golden Chase event continues to award weekly casino bonuses until December 15th. Every week 20 players will receive a $500 bonus and ten more will get $300 – a total of 300 players are getting weekly bonuses. Contest details are available at http://casinopromotions.intertops.eu/goldenchase
View this online casino news story on YouTube: http://youtu.be/9r6eaMmbr3M
Media inquiries: email@example.com +44 (0) 208 123 7184
About Intertops (http://www.intertops.eu)
Intertops was founded in 1983 in London with a UK Bookmakers License and relocated to Austria in 1992. They accepted the world’s first online bet in 1996. In 1997, the online business moved to Antigua while the traditional sports betting business remained in Austria. 1998 saw the launch of one of the first Microgaming online casinos. In 2001, the innovative company developed the first mobile betting application, enabling customers to bet with mobile phones anywhere anytime. By 2003 Intertops began online poker operations, progressing to online skill-based gaming in under a year. Intertops Casino now provides more than 300 state-of-the-art casino games from Real Time Gaming (RTG). It also offers more than 200 games from Wager Gaming Technology in the new Intertops Casino Classic. It has some of the biggest progressive jackpots available anywhere online including several that are currently well over $1,000,000.
+44 (0) 208 123 7184


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The pay-per-view service aims to target 50 million DTH subscribers
Due to the spread of the coronavirus pandemic, multiplexes have remained non-operational for over seven months now. While some large film production companies have postponed the release of their films, others have shifted to the over-the-top (OTT) platform to premiere. In an effort to provide a similar experience backed with interesting content, Zee Entertainment Enterprises Ltd has announced the launch of its pay-per-view movie service Zee Plex. The service will be rolled out on October 2 and will be available on direct-to-home (DTH) on Dish D2H, Tata Sky and Airtel Digital TV. “We looked at this situation as an opportunity for us to put together a monetisation window whereby the subscribers can pay to watch a movie rather than buying the full subscription package of several OTT platforms,” Shariq Patel, CEO, Zee Studios, Zee Plex, said. Patel was speaking at the inaugural edition of BrandWagon Conclave, held virtually.
Zee Plex plans to invest in creating awareness about the service besides promoting movies being launched on the service. As per Patel, the large part of Zee Plex’s success is dependent on how aggressively DTH operators market this new offering. For DTH the offering seems to be beneficial as it is expected to help in driving subscription revenue. The pay-per-view service aims to target 50 million DTH subscribers besides ZEE5 subscribers. “We are providing viewers with an opportunity to watch new movies at home with their family at the price of one theatrical movie ticket,” Patel added. The company aims to premiere two to four movies per month to begin with.
Interestingly, Zee Plex will feature movies produced not only by Zee Studios but also by other production houses. Patel reveals that that platform will operate on a hybrid model wherein it will partner with producers on a revenue share model. “At present there are movies that have been commissioned specially for the platform as well as movies for which we have paid acquisition price but going forward, the model will evolve as we aim Zee Plex to become like a multiplex,” he added.
According to Patel, Zee Plex is not a pandemic-only product as the company is working on plans to expand its horizons to co-exist with movie theatres when they eventually reopen.


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A complete ban on firecrackers in Delhi until January 1, the government’s refusal to grant licences for sales in Karnataka, and restrictions in the Noida region are adversely affecting the business of manufacturers in Tamil Nadu’s Sivakasi, which produces over 90 per cent of India’s fireworks.
Photograph: PTI Photo from the Rediff Archives
According to industry players, demand has decreased by 20 per cent compared to last year.
Moreover, the ban on the use of barium nitrate and the manufacturing and sale of joint fireworks is also impacting demand.
“We are now only producing green firecrackers without using barium nitrate.
"The ban in Delhi itself has led to a 20 per cent demand shortage for Sivakasi manufacturers,” said T Kannan, general secretary of The Indian Fireworks Manufacturers Association (TIFMA).
The ban on barium nitrate, an oxidising agent used in pyrotechnics, has affected the making of firecrackers like phuljhari (sparkler), the rolling chakri (ground spinner), and anar (flowerpot).
The Delhi Pollution Control Committee has notified a complete ban on firecrackers in the national Capital until January 1, 2023.
This ban includes the manufacturing, storage, lighting, and sale of all types of firecrackers, including green firecrackers.
To ensure that the ban is implemented in Delhi, around 285 teams, including officials from Delhi Police and the revenue department, are already in action.
“Not just in Delhi; licences are not being issued in Karnataka and in the Noida region too, which is affecting our advance orders,” said another industry source.
The stringent guidelines in Karnataka are following a massive blaze at a firecracker godown in the town of Attibele, on the Karnataka-Tamil Nadu border, that claimed 14 lives.
The state government came out with guidance, including a ban on lighting conventional firecrackers during political processions, festivals, religious processions, and marriages, after the incident.
“A lot of illegal manufacturers are making the firecrackers, including barium nitrate, in the Sivakasi region itself.
"The product is available in all the markets too; even joint firecrackers are available, despite a court ban on them.
"Those who are following the rules are facing the heat,” said Murali Asaithambi of Sivakasi Fireworks Manufacturer Association.
Although the Supreme Court (SC) banned the use of barium nitrate in 2018, it was reconfirmed by the court in 2021, leading to a halt in the production of key items.
According to estimates by the Tamil Nadu Fireworks & Amorces Manufacturers Association, the size of the pre-pandemic industry was around Rs 3,000 crore in Sivakasi, and it came down due to Covid-19, and then demand dipped due to regulations.
“Barium nitrate is a harmless oxidising agent. You can gauge its safety when you realise that it is used for the making of sparklers that children play with.
"This takes the sheen out of an important Hindu festival like Diwali,” said Kannan.
Based on TIFMA estimates, there are around 1,175 firecracker manufacturers in the Virudhunagar district of Tamil Nadu, which includes Sivakasi.
Almost every household in Sivakasi contributes to India’s festival season, giving jobs to around 300,000 people directly and another 500,000 indirectly.
Delhi had first banned firecrackers in 2017, following an SC order, citing deteriorating air quality.
In 2018, only green firecrackers were allowed in the region, and following that, from 2020 onwards, a blanket ban was ordered on all fireworks.


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Prepare for plenty of confusion in the coming months, because Facebook – whose products are used by more than 3 billion people worldwide – has decided to rebrand itself. Here’s everything you need to know.
What has happened?
After plenty of speculation, Facebook, the company that owns platforms including Facebook, Instagram and WhatsApp, rebranded as Meta on 28 October. CEO Mark Zuckerberg told attendees at the company’s annual Connect conference: “Right now, our brand is so tightly linked to one product that it can’t possibly represent everything that we’re doing today, let alone in the future. Over time, I hope that we are seen as a metaverse company, and I want to anchor our work and identity on what we’re building toward.”
It is important to note that Facebook, WhatsApp and Instagram will all be keeping their names. But the company that produces and maintains them will now be called Meta – similar to Google’s 2015 corporate restructuring into a parent company called Alphabet. Facebook (the company) even changed the logo outside its building on 28 October.
Sorry, what is a metaverse?
The name was chosen to echo the key product that Zuckerberg hopes Facebook – now Meta – will be represented by: the metaverse, the name for a shared online 3D virtual space that a number of companies are interested in creating as a sort of future version of the internet.
“In this future, you will be able to teleport instantly as a hologram to be at the office without a commute, at a concert with friends, or in your parents’ living room to catch up,” Zuckerberg wrote in a letter announcing Facebook’s rebranding as Meta.
But it is in the future. Not now. The metaverse unveiled by the company in August looks like The Sims or another immersive world: the 2003 video game Second Life.
Why is Zuckerberg doing this?
For one thing, Meta doesn’t want to be known solely as a social media platform. “My suspicion is that this is about owning the operating system of the future, and Facebook’s experience of being an app on other people’s – rivals’ – operating systems,” says Anupam Chander at Georgetown University Law Center in Washington DC. “They don’t want to be prisoner on other people’s platform. They want others to be prisoner on their platform.”
Meta did make oblique references to Apple in its announcement, saying it wanted to avoid a single company restricting what you can do and charging high fees, but Max Van Kleek at the University of Oxford is sceptical that Meta itself will wield control over its metaverse.
“Is Meta going to simply provide the tools rather than be the gatekeeper? I doubt that they would relinquish anything that might compromise their position as the definitive advertisement provider of the metaverse, for instance,” says Van Kleek.
Doesn’t Facebook – sorry, Meta – have bigger things to worry about?
There has been a steady drip of negative stories following the release of the Facebook Papers, internal documents highlighting issues with the company, secreted out of the firm by whistleblower Frances Haugen. Some have seen the new name as a way to distract from this narrative.
“All the bad press and political battles it is currently fighting have to do with its social networking products, so launching something entirely new – in their minds – is a way to completely rebrand and start fresh, without changing much with the existing problematic products,” says Taina Bucher at the University of Oslo, Norway, and author of the book Facebook.
Chander sees it as an attempt to overlook, rather than overwrite, the issues raised by the Facebook Papers. “I think this is Facebook trying to pretend that there aren’t strong headwinds, and carrying on as if those headwinds didn’t exist,” he says.
What happens if Meta succeeds?
One issue with Meta trying to be the sole company underpinning the metaverse is the pivotal role it would play in our lives if its vision of the future becomes a reality. The company has struggled with outages on its key apps that removed the ability to communicate for large parts of the world in recent months – and if such a thing were to happen in an all-pervasive VR universe like the metaverse, the consequences could be huge.
“The whole presentation of the metaverse is so utopian and naive,” says Bucher. “It makes a lot of sweeping assumptions about how people live their lives. I’m sure not everybody would be so thrilled about [having it in] the home space.”
“This is yet another world that they want to conquer,” says Chander. “Having conquered the Earth, they now want to conquer the virtual metaverse.”


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Update (2022) to current winery event ordinance.
10/12/2022 - Proposed event ordinance
PC approves draft event rules - view - Sonoma Index-Tribune article by Bill Swindell on Planning Commission approval of draft event ordinance.
News and Notes
06/07/2022 - Wine Event Ord - PC OK - PD article by Bill Swindell on Planning Commission OK of proposed new winery events ordinance.


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Now that the Samsung Galaxy Note 8 is available, you’re likely wondering where you can pick one up today. We have compiled a list of all the different carriers offerings, as well as which deals are currently available.
Amazon is rolling out a new software update for the Fire TV devices right now. The update includes a number of fixes and new features.
Every week, hundreds of new Android apps and games are submitted to the Play Store. If you’re not paying attention 24/7, it’s easy to miss some of the best stuff.
Google Play Books is offering a $5 credit on several popular books including Stephen King’s IT, The Dark Tower, and more.
In order to help you find only the best apps that have been released in the last month, we have assembled this list.
There are more reasons than ever to be on T-Mobile, so you’ll want to make sure that time is pleasant by having a good phone to use on their network. These are the best T-Mobile phones you can buy today.
Verizon advertised unlimited plans to rural customers to entice them to join the network, but now it’s giving them the boot because those roaming charges cost more than rural customers pay Verizon.
After Waymo, Alphabet’s self-driving car unit, partnered with Lyft back in May, Google is now looking to get a piece of the pie with a $1 billion investment in the ride sharing company.
Two new press renders reveal stark black and white colors for the Nokia 2, which is rumored to have a whopping 4,000mAh battery.
According to a few sources, Google is teaming up with Bose to launch the QuietComfort 35 II headphones. These headphones will include a button which will activate Google Assistant.
Now that you have the Moto Z2 Play, we take a look at the first X things that every Z2 Play owner should do.
We’ve gone and ranked the best AT&T phones, from the best of the best to the phones you should be looking at if you’re on a strict budget.
It’s September 15th, and that means the Samsung Galaxy Note 8 is here. It’s launching in 42 countries worldwide.
Google expanded YouTube TV to a bunch of new markets last month and in June. They have slowly grown the list of cities to nearly 50.
Facebook is testing a new “unfollow” option that gives users the ability to temporarily snooze posts from a person, page, or group.
If the iPhone 8 or iPhone X has enticed you to move away from Android for a bit, you should know that Google auto-deletes your Android backups after 60 days with no notification.
Andy Rubin, founder of Android and now Essential, took to Reddit to provide a platform for everyone to ask questions about Essential, the Essential Phone, and more. We provide some of the highlights of the AMA session.
Got a new phone and need an extra set of USB-C cables? You can snag up to 25% off these 3ft and 6ft 2-packs of Anker cables. They’re Benson-approved, too.
Today Snapchat is adding 3D augmented reality Bitmoji into their app. It’s pretty great. Here’s how you can activate it.
Check out these photos of the Moto Z2 Play to let us know how well the camera performs in an array of situations.
If you’re an Android newbie, we’re sure you’ve already figured out how to move around and set up icons on your homescreen to your liking. That’s the easy part. In this Android 101, we wanted to educate you on one of Android’s most underused features: shortcuts.
If you’re like me you find great joy in pulling pranks on your friends. When a perfectly planned and executed prank comes together it is a thing of beauty. Nowadays everyone is carrying a device that is chock full of pranking potential.
After a billboard spilled the beans a little early, Google has officially confirmed there will be a Pixel 2 event on October 4th. They also put up a landing page and released a teaser video for the event. Google has been known to drop hints about future products and the teaser video is full of …
Moto has revealed the devices that will be getting the Android Oreo update but says it’s dependent on partner support and gave no timeframe. The list leaves off a few important devices, too.


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Samsung arrangements to dispatch a leader cell phone with a 5.1-inch screen that is inclined on both vertical sides, as indicated by another report.
In case you’re experiencing difficulty envisioning how that looks, review the organization’s cosmic system Note Edge, whose screen has one bended side. In the event that the Bloomberg report is exact, Samsung will discharge two cell phones in Walk, both with a metallic body. The other telephone will allegedly have a customary, level 5.1-inch screen.
No different insights about either gadget was uncovered, and Samsung did not give official affirmation.
Bloomberg’s story validates a January report that additionally asserted Samsung will dispatch two lead telephones, one of which will have a bended screen; notwithstanding, the more established report did not specify the screen curve on both sides. It said the two telephones will be variations of the System S6; Bloomberg’s report additionally inferred this, however never really unequivocally called the gadgets S6s.
A later talk, in view of an evident special photograph, recommended that Samsung will dispatch five separate cell phones — some with general screens, and others with bended screens.
The organization is required to uncover new gadgets at the Versatile World Congress in Barcelona this Walk. While no official insights about any of them have been uncovered, Samsung’s official online journal distributed a protracted post on Wednesday that said that its 2015 leader model’s cam will be “smart and do all the reasoning for clients, permitting them to take stunning pictures under any conditions


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The billionaire Elon Musk is being targeted on Chinese social media because according to Beijing, two of its satellites have narrowly missed the collision with the space station of the Asian giant.
The richest man in the world, who was recently named Person of the Year by Time magazine, is best known in China for his Tesla electric cars. But his space exploration company SpaceX is causing him some discontent.
According to a document sent in early December from Beijing to the United Nations Office for Outer Space Affairs in Vienna, the Chinese space station Tiangong had to perform evasive maneuvers on two occasions, in July and October, to avoid “an encounter” with the SpaceX spacecraft.
The Chinese space agency had to react “to ensure the safety and survival of the astronauts in orbit,” Beijing added.
Crucial market for Tesla
SpaceX did not reply, creating discontent among Chinese internet users and the unfortunate episode it could impact Tesla’s sales in China.
The Chinese market is crucial for the South African-born Canadian-American billionaire. Tesla sells about a quarter of its production in China and has a factory in Shanghai.
In space, SpaceX launched a constellation of more than 1,500 satellites, Starlink, designed to bring internet connectivity to all corners of the world.
On the other hand, “we have seen an increase in the number of collision risks since Starlink was deployed,” said Jonathan McDowell of the Harvard-Smithsonian Center for Astrophysics in the United States.


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Via Salvatore Trinchese 22, 00188 Roma
Tel. 06.33680034 | Segr./Fax 06.33680033
Analysts said 1999 will be known as the year investors poured millions of dollars into Internet telephony firms. About half a dozen firms had stock offerings this year. Net2Phone raised $81 million in its IPO in July and saw its shares soar as high as 69 before dropping to around 50. The company has a market value of $2.6 billion. Deltathree, whose market value is $524.7 million, has seen its stock nearly double to 26 since its public offering in November. Equipment maker Clarent, which raised $60 million in its IPO this summer, reached a high of 110 before dipping to its current price of 66. The company has a market value of $1.9 billion. Carrier iBasis has a market value of $1 billion.
With Micron's revenue reported at about $4 billion for the quarter, "more than 10 percent" could be a very large figure, And as the blog The Obsucre Analyst points out, Micron received "a mystery payment" of $250 million from one customer that was "reported during their Q1 2014 conference call and their 10Q [that] indicates that the payment was 'for product to be supplied through September 2016.'"Micron declined to comment on who that customer may be, But there is precedent for Apple paying very large sums to Micron, In 2005, Apple paid $500 million to defender series pro modular case for apple iphone xs max - purple nebula a Micron-Intel joint venture in order to secure flash memory supply..
So what's actually going on here? Some postulate that it's a "Back to the Future IV" teaser. That sounds plausible, though that film has never been officially announced, having been endlessly wrapped up in debunked rumors for years. However, with Lloyd's involvement in the video, alongside the DeLorean he arrives in, there's a chance a viral marketing operation of this magnitude really is proof the long-awaited film is on its way to production. There's another point of film history that also lends credence to the fact that this might be related to an official announcement of the fourth installment. Let's recall that the Back to the Future series' director Robert Zemeckis perpetuated a hoax after the release of the second film, claiming in a behind-the-scenes feature that hoverboards were real and not available to the public because of safety concerns. He kept that up, making sure it was featured in the "extras" section of the trilogy DVD box set.
The defender series pro modular case for apple iphone xs max - purple nebula most recent entrant to the portable elite, this 4.7-inch smart phone has a 768x1,280-pixel display, a quad-core processor and runs Android 4.2, the most advanced version of Android yet, As if that wasn't enough, it's yours for the bargain-basement price of £239, For an industry typically thought to feature mostly black rectangles, this year has seen some unusally diverse designs, Which of these four phones you best like the shape and size of will be down to you -- do you prefer the ultra-light but plastic S3 LTE, the reassuring blocky colours of the Lumia 920, or the industrial finish of the iPhone 5? I'll leave that one up to you, and dedicate this section to talking about power, camera ability and display..
As a parent, there's nothing worse than when something is wrong with your child. Doesn't matter if it's a cut finger, a bad cough, or a simple headache -- you feel helpless. Why don't hospitals send new parents home with a kid-care instruction manual?. St. Louis Children's Hospital did the next best thing. Kid Care offers information and advice on nearly 100 common symptoms, everything from abdominal pain to bee stings to vomiting. It also provides child dosage tables for common medications and offers one-tap links to 911, nearby emergency departments, and your child's doctor.


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EBgames.com has recently updated the status of Icewind Dale II and IGNPC has discovered some startling news. Instead of the estimated July release, the shipping date has been pushed back to August 27th, 2002. This will disappoint many fans who are looking to get their greedy little hands on the sequel to the successful and critically acclaimed Icewind Dale. No official word has been announced from Interplay or Black Isle Studios and we will surely update the status of the situation as soon as we find out more.
Icewind Dale II / 25 Jun 2002 12:00 AM PDT


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World’s First High Bay Container Storing System is Ready
DP World has joined forces with industrial engineering company SMS Group for the 'high-bay storage' system for shipping containers. Thanks to the rack´s design, each container can be accessed without having to move another one, enabling 100 percent utilization in a terminal yard.
An international joint-venture formed by global trade enabler DP World and industrial engineering specialists SMS group will revolutionize the way that containers are handled in ports. A new and intelligent storing system will be applied for the first time ever at Jebel Ali Terminal 4, in time for the Dubai Expo 2020 world fair.
The High Bay Storage system was originally developed by SMS group subsidiary AMOVA for round the clock handling of metal coils that weigh as much as 50 tons each in racks as high as 50 meters. AMOVA is the first company to transfer this proven technology to the port industry.
Instead of stacking containers directly on top of each other, which has been global standard practice for decades, the system places each container in an individual rack compartment. Containers are stored in an eleven-story rack, creating 200 percent more capacity than a conventional container terminal, or creating the same capacity in less than a third of the space.
Read full article . . .


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Want to hire a drone but now sure how the shot will look? This startup solves this challenge with its AR solution and drone marketplace.
Sitting in New York’s former Engineer’s Society, I spoke with Oleg Kivokurtsev of Promobot and discussed his latest service bot creations that are being deployed across the globe in hotels, office buildings, and hospitals. Fay-Louise Hayden of VentureOut (his New York mentor) shared a vignette of her experiences last month as the imposing humanoid diagnosed tourists in Times Square for […]
Probably the only time that you’ll see Boaty McBoatface in our publication…
The recent breaking news story on The Robot Report was, unfortunately, the demise of Helen Greiner’s company, CyPhy Works (d/b/a Aria Insights). The high-flying startup raised close to $40 million since its creation in 2008, making it the second business founded by an iRobot alum that has shuttered within five months. While it is not immediately clear why the tethered-drone […]
When you get bitten by the travel bug, it’s difficult to balance the desire for adventure with the rigors and schedule your everyday life. That changes with recent Techstars NYC graduate FlyThere, an immersive way to experience the world all through the eyes of a drone. The entertainment company currently has 8 flight locations in Thailand and […]
Sitting in New York City, looking up at the clear June skies, I wonder if I am staring at an endangered phenomenon. According to many in the Unmanned Aircraft Systems (UAS) industry, skylines across the country soon will be filled with flying cars, quadcopter deliveries, emergency drones, and other robo-flyers. Moving one step closer to […]
In a basement of New York University in 2013, Dr. Sergei Lupashin wowed the room of one hundred leading technology enthusiasts with one of the first indoor Unmanned Aerial Vehicle (UAV) demonstrations. During his presentation, Dr. Lupashin of ETH Zurich attached a dog leash to an aerial drone while declaring to the audience, “there has to be […]
Dor Abuhasira, expert in security drone development and the CEO & cofounder of Percepto, discusses how autonomous drones are saving lives, money and more.
Whether we are glued to the TV for a 10 second Olympic race, watching an episode of the Amazing Race, or joining the millions who view each and every Nascar race, it is quite evident that humans love the thrill associated with racing. As we embrace speed in all shapes and sizes, it is time to welcome a new kind of race;
Lior Ron has had quite a ride since founding Otto less than a year ago; within three months of his official launch, Uber acquired the autonomous truck startup for more than $680 million. Ron, a former Google executive, told me this week that he started Otto as a socially conscious company to end roadside fatalities. Since trucks are […]
Over the last few months, the usual debate around unicorns and bubbles seems to have been put on hold a bit, as fears of a major crash have thankfully not materialized, at least for now. Instead another discussion has emerged, one that’s actually probably more fundamental. What’s next in tech? Which areas will produce the […]


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The scamadvisor.biz investigation would bring to light a complex international scam implemented by the netherland company CAPITALI E IDEE BV.
The company owns the capitalieidee.nl website.
The fake profile of Davide Koster
CAPITALI E IDEE BV would have created the “fake” figure of a C.O.O., named “Davide Koster”. This is just to coordinate scams against companies in crisis throughout Europe. A real person who would present himself under a false name.
Phase 1. The scam against companies in crisis.
Davide Koster, through a massive sending of emails, contacts companies in difficulty. For what? To acquire them through non-proprietary nominees and then empty them and lead them to bankruptcy. With the only advantage for the Dutch company CAPITALI E IDEE BV.
The scam would also have a second aspect, even worse.
Phase 2. The scam against the entrepreneur who sold the company in crisis.
The entrepreneur, after having sold the company in crisis to the Dutch company, remains in the hands of Davide Koster.
Why? Because CAPITALI E IDEE BV would set up a new company for him in Holland. Just to start the business again without debt.
Even here, however, the Dutch company would carry on the scam. Davide Koster would advise the entrepreneur to sign declarations of trust with false administrators. These would hire the real owner as a “fake employee” in order to have tax benefits. But that would only last until the new company hits its first big incomes. At this point the fake director would contest the agreement, since it had been perfected through a non-existent subject. After that he would fire the real owner and leave him without assets.
The scam against the BUNQ bank brand
To perpetrate these scams the group would boast important collaborations. Above all, the one boasted with the BUNQ bank stands out. To deceive customers, Koster even created a capbunq.com website. The website is now obscured given the ongoing investigations. By typing on google “capbunq” you can still find the fake logo created by the scammers. This is to testify to the fake partnership with the BUNQ bank. The loser in this case is the BUNQ bank.


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Ametek Inc. has acquired Pulsar Technologies Inc., Coral Springs, Fla., Pulsar, with annual sales of about $10 million, designs and manufactures specialized communications equipment for the electric utility market.
"Pulsar is a niche-focused business that broadens our product offering for the electric power market and expands our relationships with key customers in this important market segment," said Ametek Chairman and Chief Executive Officer Frank S. Hermance. Pulsar joins Ametek a
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