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The American Bankers Association Foundation today announced the national judges for its 10th annual Lights, Camera, Save! video competition for young people. Entries in the competition—made through participating banks in 46 states—are due by Dec. 3. This year’s judges are:
- George Barany, director, Consumer Federation of America
- Kendall Buchanan, CTO and co-founder, Banzai
- Katlyn Grasso, CEO and founder, GenHERation
- Beverly Harzog, consumer finance analyst and credit card expert, U.S. News & World Report
- Ashley Jacobs, director of marketing, Wise Bread
Through Lights, Camera, Save!—sponsored this year by Banzai—teen participants will create and submit up to a 90-second video that demonstrates the value of saving and responsibly managing their money to a participating bank. Registered banks will select a winning student to compete on a national level for several awards, including grand prize of $5,000 plus a scholarship for a teacher at their school to attend the 2020 Jump$tart National Educator Conference.


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Times are certainly hard but not for everyone. There are the rich people who have perfected the best means of maintaining – and often times, multiplying – their wealth during the bad times. Usually, this is made possible by the fact that they were already filthy rich and are literally the only ones who can afford anything. But there are also those few who mere take advantage of opportunities that not many cam see to make a lot of money during the same bad times.
World over, recessions have presented a weird and different kind opportunity for a new crop of wealthy citizens to emerge. So while many suffer losses, others are either find ways to save to make a big come-back along with the economy or key into what has been referred to as “recession-proof” ventures. In Greece in 2009, many small business survived and got rich during the hard times by providing unique solutions within the tourism sector. So while the government was battling an extreme debt crisis and many citizens were losing their jobs and protesting, a few Greek businesses looked inward and capitalised on the fact that tourists kept touring.
This class of people have been termed “survivalist entrepreneurs”. They enter into the game with what most will call little know-how but with plenty of foresight to make up for this. Chloe Servino once wrote that 7 of the 25 richest American families made their way up during the worst economic crash in the country’s history. So what do these mavericks do?
They become self employed
One of the first patent indications of a recession is the loss of jobs and that goes along with the general inability to secure new jobs. The Trade Union Congress just said that over four million jobs have been lost in less than one and a half years. So unemployment is high but so is self-employment.
Of course not every start-up will make it through the harsh times but those who do; do so amazingly. The survivalists are the ones who key into businesses that require the lowest capital to start while providing services or goods that people may lament but cannot do without. Think about those people with the insane drive regardless of their lack of education and particularly exceptional ‘talents’.
While many will be lurking around big multi-national companies with no vacancies and high expectations in terms of skill-set, the survivalists will be slowly amassing their wealth by pouring all the energy they can afford into growing their own small businesses. It won’t look like it, but by the time the recession is over, they would have gained the consumer base and brand equity that will set that them apart as household names.
They invest in food
The food industry never gets really hit in hard times. It’s simple, people will always eat. The moment the food industry gets hit, then we can all agree it’s the end. The real end. The one where the Marxists say we all start to eat one another. But even then, it means the people who can invest and deal in human flesh will still be winning.
Seriously though, food always sells. However in Nigeria that may not be true for food businesses that haven’t found the creative alternatives to importation. Be it of rice, take-away packs, condiments et cetera. Home grown, locally sourced produce is definitely the way for food business owners now. People are cutting down on spending and food usually goes first despite the fact that it is indispensable. So people are taking off over-priced restaurants and food chains from their expenditure and looking for cheap alternatives.
The winners are those who can revolutionise local recipes to cut costs and inform people’s demands. Double points if they can give their products export quality.
They figure out where the future is
Some of the survivalists are not going to be making their money right away because it will all be tied into industries that are about to boom. From all indications, oil and gas is not exactly where the future is headed.
In July, Vanguard reported that Forte Oil share prices plunged along with Conoil and MRS Oil’s too. The report showed that Forte Oil’s investment value declined from N429.8 billion in 2015 to N247.9 billion by the end of June 2016. This means Femi Otedola’s net value in the business went down by N181.9 billion. Mr. Otedola probably was not badly hit but a new investor would have.
Even the oil and gas tycoons are looking outwards. The secret is to check the trends and see areas the government is diversifying the economy into or what capital infrastructures the government is truly pursuing. Right now, it appears that the FG is very keen on the technological landscape, transportation, alternative energy sources and manufacturing too.
The new crop of billionaires that will emerge with the restoration of economic boom are likely already developing solutions that will meet the demands of both government and citizens. With a boom in new sectors, new kinds of services will be required and it is the first set of investors that will be King. They will also enjoy the added benefits of concessions that will be granted to ease business in those sectors.
Bill Hewlett and Dave Packard started what we now know today as the computer manufacturing giant, HP in 1939 during the Depression with less than $600. They worked out of a rented garage.
Right now is when the new crop of rich people are scurrying around testing business models, making their mistakes, conquering grounds on financial quarter after the other; unknown to the rest of us. It is the perfect time to sneak their service on us, whether they choose to offer it or not. But they definitely will be our suppliers (whatever they are selling), the moment we get our cash flows back.
Creative mind. Enthusiast. Learner. Multipotentialite. And here, an assistant editor.

domain: news


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Apple partner Servify raises $23 million to scale its devices after-sales and management platform overseas
Servify, a Mumbai-headquartered startup that operates a device lifecycle management platform and cultivates profoundly with brands including Apple and Samsung in a number of geographies, has raised $ 23 million in a brand-new financing round.
The Series C financing round for the five-year-old startup was led by existing investor Iron Pillar, and other existing investors including Blume Ventures, Beenext, and Tetrao SPF participated in the round. The brand-new round approaches Servify’s to-date cause to $48 million.
Servify working in partnership with enterprises such as Apple, Samsung, OnePlus, Xiaomi, Nokia, Motorola, and Airtel and manages after-sales services such as device protection, exchange, and trade-in programs for its partners, justified Sreevathsa Prabhakar, founder and chief executive of the startup, in an interview with TechCrunch.
The startup, which offers its services through a whitelabel sequence with initiatives, working in partnership with over 50 symbols and reaches over 50 sells. With Apple, it has worked in three geographies, and in over half a dozen with OnePlus.
The brand-new round, which was oversubscribed, will help the startup expand its expertise in countless brand-new make lists and extend its reach in international markets, said Prabhakar, who has more than a decade of knowledge in overseeing after-sales and other maneuver conduct businesses.
” We are keenly interested in unique enterprises addressing hard troubles in very large and world markets and are agitated to continue to back the company in its next phase of increment. Stellar executing by Servify’s team combined with its differentiated technology platform have led to the company’s affecting growth this year despite Covid-1 9 referred challenges ,” said Anand Prasanna, Managing Partner at Iron Pillar, in a statement.
The coronavirus outbreak has deep impacted the business of Servify, which was productive in the financial year that was completed in march. The month of April and May, when many countries enforced lockdowns, the startup’s business reached a complete halting. But in the months since, it has not only fully-recovered but been increased to new statures, said Prabhakar. During no time, the company laid off any employee or abbreviated their stipends, he said.
” It is very satisfying as we have more than quadrupled our receipt in 2020 till year, and grew funds for expansion even during the tough financial environment. This further strengthens our ideology that we have constructed a globally scalable bang business this is not just trusted by massive labels, but likewise the investor community ,” he said.
TechCrunch requested Prabhakar if he would ever consider participating with customers instantly. He said the current model of Servify enables it to acquire clients at no charge and he thinks it’s the right pose to maintain moving forward.
Prabhakar said he is hopeful that more crusade firms will look into this new category, which has traditionally does not receive a lot of attention because it did not fit into existing cavities such as SaaS. He said Servify has proven that this category is crucial and thriving.
Read more: feedproxy.google.com


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CHICAGO--(BUSINESS WIRE)--Groupon today announced the appointment of four new executives: Robbie Schwietzer to Senior Vice President of Operations, Lisa Kennedy to Vice President, General Manager, of Groupon Reserve, David Kerr, Vice President, General Manager, of Home Services, and Hoke Horne, Vice President of Global Commercial Finance. “We’re thrilled to bring Robbie, Lisa, David and Hoke and ...
This post is a mere snippet of world-wide industry news, sponsored by:
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BizLocal(tm) is a brand and web-property of Inspetta LLC, providing innovative web, software and marketing services to business. Call 888-221-0106 for more information.


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Microsoft’s foray into health-tracking wearables has proved short-lived, with Band 2 potentially the last of the family line as the tech giant shifts away from the industry.
While the Apple Watch gamely fights FitBit’s crown as the most popular wrist wearable on the market, attempts by Microsoft with its Band range have ended with a damp squib.
Reports in the US that the company was walking away from the product line may not have been completely accepted by Microsoft, but the signs are pretty ominous for Band users out there.
With Band 2 removed from the Microsoft Store (it still appears available on the company’s primary website, but there are none following through to the store), and Microsoft Band SDK no longer available for developers, the company has said it had no plans to release a Band 3 any time soon.
“We have sold through our existing Band 2 inventory and have no plans to release another Band device this year,” the company said in a statement.
“We remain committed to supporting our Microsoft Band 2 customers through Microsoft Stores and our customer support channels, and will continue to invest in the Microsoft Health platform, which is open to all hardware and apps partners across Windows, iOS, and Android devices.”
While the company’s interest in everything cloud ramps up significantly, it’s leaving the wearables space just as things are starting to spice up.
Apple’s introduction into the health wearables space was supposed to kickstart an industry currently dominated by Fitbit, but not quite a sphere that appeared to hold any high likelihood of long-term viability.
That may have all changed last week when a US health insurer bet big on the Apple Watch. Aiming to “revolutionise” its customers’ health experience, Aetna is giving an Apple Watch to each of its 50,000 employees.
It will also subsidise a “significant portion” of the cost of the watches to select large employers and individual customers.
Subsequently, Aetna will roll out some of its own iOS apps for its customers to use, most likely providing the company with a few more real-time readings than usual.


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The thousands of visitors to the world famous Rosslyn Chapel will soon be wired for sound.
The historic church is to introduce 50 new audio tour guide systems to enhance the experience for many foreign visitors.
Interpretation manager Simon Beattie said the new handsets would offer descriptions of the chapel in French, German, Italian, Spanish and Mandarin Chinese.
“One of the big selling points of the handsets is that the Countess of Rosslyn has developed the script, and has also recorded the English version,” added Mr Beattie.
Funded by the chapel and Leader+, the audio guides offer a more in-depth insight into the chapel.
Full story in this week’s Advertiser. On sale now.


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Is the owner of Harrods buying rival Selfridges?
Cosmetics Business reveals the 5 latest colour cosmetics trends of 2021 in new report
The Weston family and Credit Suisse kick off £4bn Selfridges auction
Hourglass and Selfridges eye up sustainable future with pop-up eyeshadow bar
Selfridges on market for £4bn – but who’s buying?
Retail tycoon behind Selfridges and Primark, W. Galen Weston, dies at 80
Open for business: Britain’s beauty retailers welcome back shoppers
'We could see the death of the department store': Retailers must stop living in the past to save the future of the high street
Selfridges names Andrew Keith as new boss
How to thrive in a recession, according to the brand founders that launched in the 2008 financial crash
Milk Makeup is now available to consumers in 130 countries
Selfridges launches Project Earth to 'reinvent retail' in beauty and fashion
Selfridges announces job cuts as it braces for ‘toughest year’ in recent history
Floral Street drives UK retail presence with Selfridges deal
Ex-CEO of Selfridges Roy Stephens dies after contracting Covid-19


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U.S. manufacturers and machine shops ordered $472.6 million worth of new capital equipment during July, -5.6% less than the June total but only the second decrease in monthly orders this year. The July result also represents a 41.5% increase over the July 2020 total, as manufacturers continue to invest in reaction to building industrial demand.
For the current year to-date, new orders for machine tools total $2.99 billion, which is 48.1% higher than the order volume for January-July 2020.
“The amplified pace of orders over the past several months has injected a degree of confidence into manufacturing not seen since before the pandemic,” commented Patrick McGibbon, chief knowledge officer for AMT– the Assn. for Manufacturing Technology. “Increased onshore capacity and diversified supply chains have made lead times more predictable and inventories more consistent, allowing manufacturers closer to end-use customers to justify the capital expenditures we are seeing in this month’s USMTO orders.”
AMT’s monthly U.S. Manufacturing Technology Orders Report is a forward-looking index to manufacturing activity, presenting actual data for capital investments in new machine tools. The total reflects machine shops and other manufacturers planning for future work orders – specifically, new orders of metal-cutting and metal-forming and -fabricating equipment.The USMTO report includes data for new orders nationwide and in six geographic sectors, based on information supplied by participating producers and distributors of that equipment.
“July is typically a soft month in any year, and despite the massive recovery we’re seeing, 2021 is no different,” McGibbon said of the current report. “The difference between 2021 and any other year is the scale of orders our members are reporting going into the late-summer slump. Through the first seven months of 2021, orders are just a fraction off the pace to become the (USMTO) program’s second-highest annual total.”
He noted that the supply-chain complications ongoing in automotive and aerospace sectors did not decrease July demand for new machine tools by their suppliers, but those sectors’ share of total orders declined because of the growing demand among other sectors’ suppliers. For example, new-orders rose in July among motor vehicle stamping, food processing, and agricultural equipment manufacturers.
The USMTO’s July regional results showed month-over-month growth in only one area of the country, the North Central-East, where new orders for metal-cutting equipment increased 12.8% from July to $110.92 million – though this figure is -5.5% lower than the July 2020 result. Through July 2021, the region has cumulative new orders of $743.45 million, a 47.8% year-to-date increase.
Monthly order totals for metal-cutting equipment fell less than 10% in the Northeast, Southeast, North Central-West, and West regions, and each of these regions has reported solid increase for the year-over-year and YTD tallies.
The South Central region reported July new orders for metal-cutting equipment totaling $30.26 million, a -24.5% fall-off from June but still 76.6% higher than July 2020, and raising the YTD regional total to $218.3 million, a 55.9% increase.


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Tesla Gigafactory halted over German forest clearance complaint
Tesla's plan to build a new Gigafactory for electric vehicle (EV) production in Germany has been temporarily halted by a court order concerning the clearance of more than 90 hectares of forest in Brandenburg.
Germany’s environment ministry had given Tesla permission to begin work on its first European Gigafactory, despite the carmaker not receiving planning permission to do so. In response, local environmental group the Grüne Liga Brandenburg (Green League of Brandenburg), filed a court complaint about tree-felling on the site.
The state of Brandenburg sold a 300-hectare site in Grünheide for around £34m (€41m) and Tesla started cutting trees across one-third of the site last Thursday.
The Higher Administrative Court of Berlin-Brandenburg (OVG) issued a statement on Saturday (15 February) saying it had to stop the site clearance as it would only take three more days to complete the work. As such, tree-felling on location has been halted until judges make a final decision on the Green League’s complaint. Complaints can be filed against the construction up to March 5, at which point a permit will be reviewed.
Tesla wants to start EV production in Brandenburg next year, with plans in place to produce 150,000 vehicles annually. Production could increase to up to 500,000 vehicles.
Tesla’s other two Gigafactories are located in the US and Shanghai, China. It took just 10 months to get the latter factory up and running, with Tesla’s Model 3 vehicles being delivered from the site just a few months later.
Tesla had announced plans to reduce the purchase price of its Model 3 car to £26,500, which is currently more than £37,700, by shutting showrooms and making purchasing online only. The company has since U-turned on this decision.
The vehicle forms the third stage of Tesla’s strategy to make EVs a mainstream proposition for the average car buyer. A four-step plan will see Tesla build on the success of its EV portfolio by extending the electrification process to heavy-duty trucks and high passenger-density urban transport.
Tesla has estimated that its EV stock has collectively travelled around 10 billion miles, as of April 2019. Were this distance covered by petrol or diesel cars, the company claims that an additional four million tonnes of CO2 would have been emitted.
That figure was listed in the company’s first sustainability report. The report also documents Tesla’s journey as a solar solutions provider. It reveals that the company’s Energy arm had installed around 3.5GW of solar installations globally, as of February 2019, with these arrays having generated more than 13TWh of clean power within the same timeframe. Tesla claims this output is the equivalent of that used to supply all of the residential electricity used across Connecticut for a year.


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Jul 26, 2013 Some independent musicians and small bands have discovered a new frontier in Alaska, where they can actually make decent money on the road.
Oct 9, 2013 Makers of patented drugs sometimes pay generic drug makers not to copy their drugs when they go off patent, allowing them to keep charging high prices. The U.S. Supreme Court says the FTC can challenge such deals.
Jun 5, 2013 Major League Baseball is reportedly on the verge of slapping long suspensions on some start players. How would that impact the finances of America's pastime?
May 31, 2013 The summer concert tour season is under way. How important financially are these tours for bands?
Does Dr. Dre and Jimmy Iovine's $70 million gift to USC stack up to other celebrity endowments? (Infographic)
May 16, 2013 Who else has given millions to universities? Dr. Dre and Jimmy Iovine are in good company.
May 9, 2013 Last year, Colorado became the first state to legalize recreational marijuana. Now it’s decided how to regulate it. The legislature approved a 25 percent tax on the sale of marijuana among other requirements.
Mar 25, 2013 A new drug, in the final stages of approval by the FDA, could make it easier to give addicts medication without using pills and risking abuse.
Feb 25, 2013 From Haight-Ashbury to hip-hop, the legendary record producer looks back on 50 years of music.
Jan 15, 2013 Unable to compete with online retailers, British record store HMV files for bankruptcy.


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(Bloomberg)–Internet retailers such as Amazon.com Inc. (No. 1 in the Internet Retailer Europe 500), Asos Plc (No. 20) and Boohoo Group Plc (No. 182) should pay higher U.K. taxes to help save ailing shopping districts that are losing revenue to ecommerce, according to a government report.
An online sales tax, higher value-added tax and “green taxes” on shipping and packaging should all be considered to help soften the blow to physical stores as consumers shift to internet shopping, according to the report Thursday from the Housing, Communities and Local Government Committee.
Some 70,000 jobs were lost in the U.K. retail sector in 2018 as chains like Marks & Spencer Group Plc (No. 26) and Debenhams Plc (No. 30) announced plans to close hundreds of stores. Tesco Plc (No. 5), the U.K.’s biggest retailer, announced as many as 9,000 job cuts in January. Internet sales are a major factor, with U.K. consumers spending more via the web than those in any other European country, and one-fifth of December retail sales were made online, according to the report.
“Business rates must be made fair,” said Clive Betts, a member of the House of Commons and chairman of the committee, in the report. “They are currently stacking the odds against businesses with a high-street presence and this must end.”
Bricks-and-mortar retailers pay more than their fair share of tax, while online retailers are not contributing enough, the report said. Amazon’s rates amount to around 0.7% of its U.K. revenue, while most street-based retailers pay double to eight times that. The tech giant already faces the introduction of a U.K. digital tax from April 2020.
Amazon said it pays taxes in the U.K. and all countries where it operates and has invested more than 9.3 billion pounds ($12 billion) in the U.K. since 2010.
“Corporation tax is based on profits, not revenues, and our profits have remained low given retail is a highly competitive, low-margin business and our continued heavy investment,” the retailer said in an emailed statement.
Asos declined to comment on the report. Boohoo didn’t respond to a request for comment.
The retail sector accounts for about 5% of the U.K.’s gross domestic product and pays 25% of business rates, according to the government report.
Mike Ashley, the billionaire owner of Sports Direct International Plc (No. 50), told the committee in December that ecommerce is the biggest threat to the U.K.’s shops. As a strategy to encourage retailers to keep physical stores open, he proposed a 20% tax on retailers that make more than a fifth of their sales online.Favorite


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Washington D.C. – The introduction of the ‘Junk Fee Prevention Act’ in Congress this week leaves the MAGA House majority faced with a simple choice: help save consumers billions of dollars every year — or protect the bottom line of their special interest donors that exploit junk fees. The legislation would rein in abusive and often-hidden fees and penalties, including excessive online ticket fees, airline family seating fees, exorbitant early termination fees, and surprise resort or destination fees. The bill is part of the Biden administration’s major crackdown on junk fees which has strong bipartisan public backing from 3 in 4 Americans.
For months, key House Republicans including House Financial Services Chairman Patrick McHenry and his top lieutenant Rep. Blaine Luetkemeyer have been aggressively defending the practice of junk fees, including Luetkemeyer’s out-of-touch claim they don’t exist at all. In reality, in the hotel industry alone, 34 percent of consumers in a 2018 poll said they had been hit with hidden resort fees, with many respondents stating these fees exceeded their travel budgets. Will Speaker Kevin McCarthy, who has taken over $500,000 from the hotel industry, listen to consumers and bring the bill to the floor for a vote – or let it collect dust at the behest of his donors?
Junk fees that sap billions of dollars from the pockets of hard-working Americans are unsurprisingly defended by politicians that take money from industries enriched by the practice. Congress faces hard choices all the time, but giving Americans relief from needless and exorbitant fees is not one of them. Some members of the MAGA House majority are already making excuses for their big industry donors that nickel and dime everyday families and hold back the economy. They aren’t convincing anyone but themselves.”


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The federal government is finally moving to modernize its alcohol transportation rules, amending a 1928 law that prevents people from buying wine across provincial borders.
The House of Commons has unanimously supported a private members’ bill from Okanagan-Coquihalla MP Dan Albas that provides for a personal exemption from a law created during the Prohibition era to stop smuggling and tax evasion. The wine industry and B.C. politicians have argued that individuals should be able to buy or order a case of wine they enjoyed while on vacation.
The bill still has to pass the Senate. Once the federal law is changed, provinces would need to establish a personal exemption to allow personal purchase and shipment of alcoholic beverages across provincial borders.
The B.C. government recently announced its own provincial tax exemptions for alcoholic beverages brought into the province for personal use. B.C. residents can now bring back up to one standard case of wine (nine litres), four bottles of spirits (three litres) and a combined total of six dozen beer, cider and coolers (25.6 litres) from each trip to another province, without paying B.C. tax on it.
Those limits are similar to those permitted by Ontario, Nova Scotia and Yukon and are among the highest in Canada, said Rich Coleman, minister responsible for B.C. liquor and gambling policy. He added that the federal change will particularly help B.C. and Ontario, which have well-developed wine industries.
Canada’s archaic wine laws have long been a target of industry and politicians. Premier Christy Clark, former premier Gordon Campbell and B.C. NDP leader Adrian Dix have all campaigned for the federal change.
In May 2011, broadcaster Terry David Mulligan took up the cause. He notified police and liquor control officials before carrying a case each of B.C. and Ontario wine in the trunk of his car from Penticton into Alberta, hoping to be charged under the 1928 law.


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Chinese government. Often the market needed the hits like a warrior, but the combos skyrocketed it is toll in quite a few cryptocurrency investors. The market poor performance in 2018 baton in comparison to the stellar thousand-percent gains around 2017.
Just what has occured?
Since 2013, the Far east government took measures in order to regulate cryptocurrency, but nothing to in contrast to what was forced throughout 2017. (Check out this content for a detailed analysis on the formal notice issued by the Chinese language government)
2017 was obviously a the flag year for the cryptocurrency market with all the attention and even growth this has reached. The ultimate value movements forced typically the Key bank to adopt whole lot more extreme measures, including typically the restriction of initial or maybe offerings (ICOs) and clampdowns on domestic cryptocurrency transactions. Rapidly after, mining industries in China were forced to near down, citing extreme electricity consumption. A lot of exchanges plus factories have got relocated offshore to keep away from regulations but remained accessible to Chinese investors. Nonetheless, they still neglect to get away the claws from the Far east Dragon.
In the most up-to-date series of government-led work in order to and ban cryptocurrency dealing among Chinese buyers, Tiongkok extended its “Eagle Eye” to monitor foreign cryptocurrency deals. Companies in addition to bank accounts diagnosed connected with carrying out transactions using foreign crypto-exchanges and associated activities are subjected to procedures from limiting disengagement limits to freezing connected with company accounts. There have even been ongoing rumors amongst the Far east community regarding more serious measures to be able to be enforced in international platforms that allow dealing among Chinese buyers.
“As for whether you will have even more regulatory measures, you will have to wait for orders in the higher authorities. ” Excerpts from an employment interview with workforce leader regarding the China’s Accumulated System Safety Supervision organization under the Ministry of Open public Safety measures, 28th February
PRECISELY WHY WHY WHY!?
Imagine your own personal youngster investing his as well as her discounts to commit in a digital merchandise (in this case, cryptocurrency) that he or the girl doesn’t way of confirming its credibility and price. He or she might get lucky and strike that rich, or shed it all when the crypto-bubble first set of. Today scale that to help a lot of Chinese citizens plus we will be talking about billions of Chinese Yuan.
The market is full of scams together with useless ICOs. (I’m you need to now have heard news of folks giving coins to unique contact information with the assurance of doubling their purchases and ICOs that easily don’t produce sense). A lot of unsavvy shareholders are within it for the dollars and would care less about the technology and innovation to it. The value associated with many cryptocurrencies comes from market place speculation. During the crypto-boom in 2017, participate in any ICO with both a good famous advisor onboard, an encouraging team or a good decent buzz and a person are guaranteed on least 3X your investments.
Too little of understanding of the firm along with the technology behind the idea, combined with the growth of ICOs, can be a recipe with regard to catastrophe. Associates of typically the Central loan provider reports the fact that almost 90% of this ICOs are deceitful or even involves illegal fundraising. At my opinion, the Chinese government wants to ensure that cryptocurrency remains ‘controllable’ and not too large to are unsuccessful within the Chinese neighborhood. China is taking right steps towards the safer, more regulated cryptocurrency world, albeit aggressive in addition to controversial. In fact, that can be the best approach the country has brought in decades.
Will Cina issue an ultimatum and make cryptocurrency illegal? I highly doubt so since it can be quite pointless to do consequently. Currently, lenders are prohibited from keeping any crypto assets when individuals are usually allowed to nevertheless are barred from taking outside any forms of buying and selling.
The State-run Cryptocurrency Exchange?
With the annual “Two Sessions” (Named because two main parties- National People’s Our elected representatives (NPC) and the National Committee with the Chinese Householder’s Politics Consultative Conference (CPCC) each experience the forum�?held on the first week associated with March, market leaders congregate to be able to discuss about the recent troubles and make mandatory law changes.
Wang Pengjie, a new member of often the NPCC dabbled into the potential clients of a state-run a digital resource trading platform as well as trigger educative projects on blockchain plus cryptocurrency in China. Even so, the proposed system would demand a verified consideration to allow trading.
“With the establishment of associated regulations and the co-operation of the People’s Bank involving The far east (PBoC) and China Investments Regulatory Commission(CSRC), a new licensed and efficient cryptocurrency exchange platform would assist as a formal way intended for companies to raise resources (through ICOs) and shareholders to hold their online possessions and accomplish money appreciation” Excerpts of Wang Pengjie presentation in typically the Two Lessons.
The Drive towards a new Blockchain Region
Governments and central finance institutions worldwide have struggled to help grapple with the improving popularity of cryptocurrencies; yet another thing is sure, just about all have shared blockchain.
Regardless of Bitcoin mixer , blockchain has recently been gaining interest and even ownership in various amounts. The Chinese government own recently been supporting blockchain endeavours and embracing the technology. In fact, the Someones Bank of China (PBoC) are already working on a digital foreign money and have conducted mock purchases having some of the state’s financial banks. It can be still unconfirmed if this digital currency will probably be decentralized and offer features associated with cryptocurrency like anonymity plus immutability. It wouldn’t are available as a surprise if it turns out to come to be just a electronic Chinese language Yuan given that anonymity is the last factor that China and taiwan wants inside their state. Nonetheless developed as a near substitute of the Chinese Yuan, the digital currency will likely be subjected to existing fiscal policies and laws.
Someones Loan provider of China Leader, Zhou Xiaochuan. Source: CNBC
“Lots of cryptocurrencies need seen explosive growth which can take significant disadvantage impact on shoppers plus retail investors. Most of us avoid like (cryptocurrency) products which will make use of the big opportunity for questions the fact that gives people the impression of getting rich overnight” Excerpts from Zhou Xiaochuan job interview on Friday, 9th Walk.
On a multimedia appearance about Friday, 9th March, Governor of Individuals Bank involving China, Zhou Xiaochuan belittled cryptocurrency tasks that leveraged on the particular crypto-boom to profit and even fuel market supposition. He or she also noted of which enhancement of the digital forex is ‘technologically inevitable’
On the regional level, many China cities have are driving blockchain initiatives to encourage development in their area. Hangzhou, well known for becoming the headquarters connected with Alibaba, have stated blockchain technological innovation to be one regarding the city’s top goals in 2018. The community government in Chengdu area have as well also been suggested the building of a good incubation center to break the particular adoption of blockchain engineering in the city’s financial services.
Local conglomerates such Tencent plus Alibaba have furthermore created relationship with blockchain groups or initiated projects independently. Blockchain firms such as VeChain have also secured various partnerships with Chinese businesses to improve supply chain openness within China.
All clues point out the fact of which China is working toward a blockchain nation. Cina has often had the available thinking process to aufstrebend technologies such as portable payment and Artificial Cleverness. Henceforth, this is without having a doubt that Cina is definitely the first blockchain-enabled land. Will we see this Chinese federal backing down and let it has the residents trade again? Almost certainly, whenever the market has full grown and is less erratic nevertheless definitely not inside 2018.


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There has been a lot of talk recently about sports betting in the US and in particular about the online sports betting industry. With last year’s Supreme Court ruling revoking the nationwide ban on single-game wagers, there has been some confusion surrounding where and when people can place bets online.
Here’s all you need to know.
Where you can bet now?
The ruling allowed each state to govern its own affairs with regards to online betting, and, so far, quite a few states have been quick to react. Nevada already had sports betting in place and now offers online options. New Jersey and Pennsylvania very quickly followed suit while states such as Indiana, Iowa, and Oregon starting their online operations later.
Residents of each state listed above are a little spoiled for choice in that there are quite a few online sportsbooks operating in each region. With such competition in the market, fans can easily find great odds on their favorite sports and teams. And, in fact, it looks set to get even better for sports fans.
West Virginia have committed to getting their online betting portals live in time for the NFL season (they’re a little late) while Rhode Island, Illinois, and Tennessee have plans to go online quite soon.
Will any other states follow?
Delaware have already passed legislature allowing online sports betting; however, although live sports books are in place, there are no online books available. It’s not clear if there will be any in the future or what exactly is causing the delay.
New York failed in their bid to pass their own legislation, and it looks as though residents of the state will have to wait a long time to bet from home. However, Michigan is working hard on its efforts, and it looks increasingly likely that they will join the states we listed earlier.
New Mexico currently allows sports betting in a tribal area, but it remains illegal elsewhere in the state, which makes it unlikely that residents will have online options any time soon. Arkansas and Mississippi both allow sports betting, but this is limited to land and water-based casinos. Again, while it’s legal to bet, there are slim hopes that online options will be added to their legislation any time in the near future.
Right now, the internet is a wonderful place, and there are many interesting things you can do online. However, unless you’re a resident of the states we listed above, it seems that placing bets on sporting events just isn’t one of them. Having said that, it was only a very short time ago that betting was extremely limited in the US, so who knows what the future may bring?


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As Digital Assistants become more popular, marketers must learn how to reach people on a new platform. Digital assistant brands are scrambling to beat out the competition and get to the top. Brands are now pondering how they can bring their products to a conversational voice interface. And Digital Home Assistant companies are now frantically trying to have the device with the most “skills”. Alexa and Google combined have sold approximately 12 million devices according to data from Consumer Intelligence Research Partners.
Alexa: “It’s only been a year since Alexa go introduced to the market, and I have not seen the pace of acceleration so fast in terms of the adoption and people getting accustomed to it.” Amazon is on a quest for Alexa to be everywhere. Laptop manufacturers like Acer, Asus, HP, and Lenovo are beginning to incorporate Alexa on their Windows PCs. – users will be able to control their computers from large distances across rooms. Panasonic is working on bringing Alexa to cars.
Google: Working on implementing a line of smart displays like voice-activated speakers with screens on them. The competition between Google and Amazon is hot. The Google Home offers more options when it comes to screen sizes and privacy features and full access to YouTube and other Google services. Google recently banned Amazon from using its services. Google’s enormous data load gives them a tiny edge as well; however, they still have some growing to do to surpass Amazon. Owning the biggest ad network in the world doesn’t hurt either – Google will be able to monetize their services rather easily.
Cortana: Currently in an uncomfortable position up against Google and Alexa. “Microsoft is getting out-Microsofted by Google and Amazon.” Microsoft and Amazon were at one point interested in combining their platforms into one at some point in 2017 but that never happened. Since Alexa is now being implemented on Microsoft computers this bodes bad things for Cortana. Maybe it’s goodbye? Cortana has never supported as many devices as Alexa.
Siri: Apple’s Siri is probably a little head of Cortana. Both Amazon, Google, and Apple have made sure to integrate their assistant with smartphones and therefore will stay ahead of Cortana. You can access Siri on any Apple device; however, not available on any third party speakers and users have texted Google versus Siri and say that Google provides more accurate answers – not a surprise. Siri is most likely not going to be the winner of the assistant face-off.
What does this mean? We are going to see a huge push for smart devices that can connect to your home assistant. Things like Fridges, mirrors, alarm clocks and more will become more widely adopted once the prices drop and the products have been available for longer. The goal for brands is to offer both voice and AI learning algorithms that can automate key tasks into devices throughout a home to ultimately, make people’s lives easier.
The confusions: None of the devices can talk to each other. Say you had an echo dot and a google home mini – they could both do the same things but they wouldn’t be able to connect and sync together to control your home. This means there may be some initial confusion for buyers – what do we do? Well, it seems to pledge allegiance to one company for all your smart devices is the way to go to sync everything with no glitches. Digital assistants will become the next web browser.
Who will you let into your home?
Interested in reading more stories like this? Stay up to date with the digital marketing world and sign up for our weekly newsletter.


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|Activision||Sledgehammer Games||November 3, 2017||PC, PS4, Xbox One,|
Call of Duty: WW2 is refreshing. Let's face it, the Call of Duty series over the past couple of years has been declining in quality....
Once again Activision continued its trend of encouraging players to pre-order Call of Duty by offering guaranteed access to a beta ahead of the...
Call of Duty: WW2 is available to everyone, and for most the first place they're going to wind up is the game's multiplayer mode....
Call of Duty: WW2 publisher Activision have released a new trailer for The Resistance, the upcoming debut DLC pack for the game.
Continuing this incredibly slow January for new game releases, Call of Duty: WW2 has managed to climb back into first place after being dethroned by both FIFA 18 and GTA V.
Call of Duty: WW2 publisher Activision has unveiled a trailer for the upcoming Nazi Zombies DLC titled The Darkest Shore.
In the final week of 2017 Call of Duty: WW2 remained on top and is well on its way to becoming one of the best selling games in the Call of Duty franchise.
It looks like Call of Duty: WW2 was the last-minute buy of the year as the final UK Gaming Charts has revealed that Activision's latest shooter has scored its eighth number one.
Call of Duty: WW2 is this year's Christmas Number One video game! Who would have saw that coming? Oh, pretty much everyone.
Call of Duty: WW2 players are in for a treat this Holiday as Activision and Sledgehammer Games are holding the Winter Siege event that'll bring a bunch of new stuff to the game.
With just two Monday's left until we know which game will be this year's Christmas number one, it's looking incredibly likely that Activision's latest shooter, Call of Duty: WW2 will be once again grabbing that record.
's empty Headquarters are no more, Sledgehammer Games has announced, as the feature has now been reinstated and players' headquarters are now once again...


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The passenger car division at Tata Motors are in immediate need of new products to get going. Their recent launches have not brought the best possible results, while old workhorses such as the Indica and Indigo have reduced chances in a market flooded, and continuing to be flooded with fresh and improved products from European, American and Japanese automakers.
Tata officials have been asking us to wait and watch as they are indeed coming up with many new products in the next three years.
Economic Times reports that Tata Motors is working on a new compact hatchback based on an improved version of the first generation Indica platform codenamed X0. The car which which is expected to have fresh styling to lure younger buyers could be sandwiched between the Indica and the Vista or could come in as a replacement for the Indica.
According to one of Economic Times' sources, the car will have almost 75% change in the sheet metal design compared to the Indica (first gen) while the platform enables competitive pricing. The product is expected to be one of the important launches for Tata Motors when it comes out in 2015.
The new small premium hatchback from Tata is expected to be positioned in such a way to take on the next gen Hyundai i10 that will premiere in Frankfurt this September. Coming to the powertrain options, there could be new motors - a turbocharged 1.2 litre petrol engine and a 1.05 litre common rail diesel engine (presented at the 2012 Delhi Auto Expo).
At the launch of the Vista D90 Xtreme last week, we spoke to the Indica brand head, Mr. Amit Sagar, who specifically stated that they will continue using the first generation Indica platform as they have invested heavily on it over the years and that "platform doesn't grow old, design does."
Tata Motors should use this opportunity to introduce a fresh exterior styling philosophy and a well knitted interior at par with standards set internationally by cars in the same class.


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Ballmer Says Microsoft in 'Epic Year' with Windows 8, Office
Microsoft CEO Steve Ballmer kicked off the company's Worldwide Partner Conference in Toronto on Monday by declaring that Microsoft is in "an epic year."
"This will be the biggest product and services launch year in our company's history, creating massive opportunities for our partners to grow their businesses," Ballmer said in his keynote. He pointed to Windows 8, Windows Phone 8, Windows Server 2012 and Windows Azure, as well as Office 365.
The Worldwide Partner Conference is a four-day event that celebrates the accomplishments of the company's more than 640,000 partners and offers a preview of new product releases for the coming year. About 16,000 were in attendance on the first day.
One bit of news divulged was that Windows 8 will be released to manufacturing early next month and will be on store shelves by late October.
Office 2010 Milestones
Kurt DelBene, president of the Microsoft Office Division, announced that 1 billion people worldwide now use Microsoft Office. Microsoft said Office 2010 was the most popular-ever version of the productivity suite. According to the company, someone buys a copy of Office 2010 every second.
DelBene also announced two new investments in Office 365 partners. First, Office 365 Open is a new way for partners to sell Office 365. It establishes a traditional reseller model that aims to help partners drive more revenue, deliver packaged services with a single invoice, and own the customer relationship.
Meanwhile, the Office 365 Advisors Program updates let the most active partners earn more up front with Office 365. Partners who sell more than 150 seats are eligible to earn more revenue.
"The Office Division has never been stronger, and our amazing partners are critical to this success. Office is now used by more than a billion people, and Office 365 is on track to be one of the fastest-growing offers in our history," DelBene said. He predicted the investments announced at the conference will fuel even more robust growth ahead.
A Perception Battle
Rob Enderle, principal analyst the Enderle Group, said this year's Worldwide Partner Conference comes at a time when some are starting to doubt whether Microsoft is the power.
"So much has been happening around Apple and Google," Enderle told us. "A lot of developers have moved over to those platforms and Microsoft is trying to remind its partners that, regardless of hype, they are still in this game and in their key products they still sell more than Apple and Google."
Enderle said it's all about perception -- and Microsoft has been losing the perception war for some time. This, he said, is an attempt to gain that back so people will consider them as viable again.
"Clearly from the standpoint of how Microsoft is trading, I don't think the people investing in Microsoft get this yet. But you have to start someplace, and with partners isn't a bad place to start," Enderle said.
"Taking hold of and changing the perceptions that surround the company is a requirement if you want to raise the valuation and get people back into the fold. I think RIM showcased what can happen if you let that go to long. Microsoft is taking a step in the right direction."


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Parkway Parade opened its doors to shoppers yesterday morning for the first time since a fire on Sunday night, but there were signs that not everything was back to normal.
A burning smell lingered on level two outside clothing store Fox Kids and Baby, where the blaze was believed to have broken out.
No fewer than 10 stores remained closed, while at least two lifts and two escalators that were affected remained shut for maintenance.
Some shopkeepers estimated that they had lost thousands of dollars in sales while the mall was closed.
No one was hurt during the blaze, but it damaged the fire protection system's cabling, which had to be replaced.
Parkway Parkway said external experts had inspected and tested its fire protection and electrical systems during the four-day closure. It is working with the authorities to investigate the cause of the fire.
"Some rectification works are still ongoing in parts of the mall, and we aim to complete them as soon as possible," said the mall's general manager, Ms Jenny Khoo. "I would like to apologise for all the inconveniences caused during this period."
More than 95 per cent of its tenants were open for business yesterday, she said. The mall has over 250 stores.
When The Straits Times visited yesterday morning, Fox Kids and Baby store was still boarded up. About 10 nearby stores, including Mothercare and Supercuts, remained shut for cleaning. Uniqlo and Poh Heng in the basement and Dome on level one also remained closed.
Department store Isetan, meanwhile, opened only its first floor to customers. Its second floor will remain closed for the next one to two days for staff to clean up further.
Mr Zac Lim, a manager at Team Salon, two shops from Fox Kids and Baby, said: "We were able to open today because we came down to clean up the salon yesterday. It's a bit quieter than usual though."
He showed a reporter a photograph of the fire's aftermath - the hair salon's white-tiled floor had turned black with soot.
LOSSES DUE TO FIRE
When I asked the management about compensation, it said to write in with the claim. I will do that over the next few days after I have calculated everything, including my employees' salaries. ''
MR ALEX CHUA, owner of ice cream chain Scoopz, who estimates his losses to be around $2,600 to $3,000.
Asked if the mall plans to compensate tenants for loss in sales and rental, Ms Khoo said she is unable to provide details "due to confidentiality reasons".
Mr Alex Chua, 48, owner of ice cream chain Scoopz, which has a shop in the mall, estimates his losses to be around $2,600 to $3,000.
"When I asked the management about compensation, it said to write in with the claim. I will do that over the next few days after I have calculated everything, including my employees' salaries," he said.
Shoppers were glad to see the mall open again.
"I came on Monday, (it was) closed. Tuesday, closed. Wednesday, closed. I gave up on Thursday but saw the news that it reopened today," said Mr Jeremy Ng, 43, a regional sales manager.
"Some of the shops also sent me an SMS to say they have reopened. I thought that was a nice touch."
Housewife Namita, 36, who declined to give her full name, said the mall's closure had been inconvenient for her as she lives nearby and visits regularly. "I did not go out to shop at all the past couple of days - I was just waiting for the mall to reopen," she said.
The mall plans to hold a marketing campaign, and details will be released on its Facebook page and website over the next few weeks, said Ms Khoo.


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Neiman Marcus Hosts Fashion Show For Texas Biomedical Forum
By Jake Gaines
Photographed by Blake Mistich
The Texas Biomedical Forum teamed with Neiman Marcus San Antonio recently with a fashion show to support the organization’s annual gala 2013 “La Gloria Havana” that will be held Saturday, May 4 at The Argyle Club. The charity event will feature a star-studded raffle, delicious cuisine, and delightful entertainment and is co-chaired by Melissa Morgan and Courtney Duphorne.
The store staged the fashion show as a kick off to the gala that showed the latest spring gowns, tends and looks to inspire the audience for their new warm weather finery. Some of the event’s VIP attendees were the Texas Biomedical Forum trustees, board members and general members of the forum.
Neiman Marcus has committed to the Forum this year in the form of a grant, raffle donation, the fashion show, as well as table favors for all attendees at the upcoming sold-out event that will help the Texas Biomedical Forum and its commitment to supporting the important work of the scientists at the Texas Biomedical Research Institute.


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When the Myer Spring Summer 2012/2013 catalogue is revealed this week in Sydney and you're enjoying the beautiful images, the stunning designs and the flawless models, just keep in mind that dozens of people travelled halfway around the world to deliver this to you.
At the end of May this year, the Myer crew packed a ridiculous amount of luggage, camera crew and gluten free bread, and headed to Sun City in South Africa. This gorgeous resort and the surrounding National Park was the base for this year's Spring Summer fashion shoot, and the diversity of landscapes and locations meant that you will have visually spectacular backdrops accompanying some incredible clothing this season.
Check out our behind the scenes video below (apologies for the footage but the professional film crew was stuck back here in Adelaide) and some photos to get you in the mood.
The full reveal will be happening this Thursday in Sydney and Glam Adelaide's Kelly Noble will be there to bring you all the updates! Follow Kelly on Twitter at @KellyNoble.
- On Trend In South Africa This Season With Myer (glamadelaide.com.au)
- First Glimpse of Myer Spring Summer Campaign Shoot in South Africa With Jen Hawkins & Jess Hart! (kellynoble.blogspot.com)
- Off To South Africa! #SA2SA (kellynoble.blogspot.com)


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There are now more than 9 million .ORG domain names the Public Interest Registry (PIR) announced on 2 March following a growth of 10.3 per cent in 2010.
.ORG is now the third largest generic Top Level Domain (gTLD) and equal fourth largest TLD overall behind .COM (approximately 93 million registrations), .DE (Germany 14.23m) and .NET (approximately 12m) while .UK (United Kingdom) has around the same number with 9.19 million registrations. There are over 205 million domain names registered globally across all TLDs VeriSign announced this week.
.ORG has significantly increased its domains under management (DUM) in the last five years; up from just 3.9 million in 2005 according to the organisation’s recently published bi-annual “Dashboard” report.
“Hitting the 9 million registration mark is a testament to both .ORG’s reputation and its impact within the Internet community,” said Brian Cute, CEO of .ORG, The Public Interest Registry. “.ORG remains a community-driven platform and has become the domain of choice for organizations, individuals, and companies to channel their passion toward a shared purpose with their community.”
To register your .ORG domain name, check out America Registry here.


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Milestone has confirmed the demo for its licenced motocross title MXGP will be made available on Steam on March 21st, a week before the game's full retail release.
According to the official statement, the MXGP demo will be released on Steam at 4pm GMT time tomorrow afternoon.
Content-wise, the MXGP demo will only feature one track – the Matterley Basin course in the UK – and the rider avatars of noteworthy motocross riders of five-times MX1 champion Antonio Cairoli, 2013 championship runner-up Clément Desalle and multiple race winner Gautier Paulin.
Only one gameplay mode is available for players to experience: a double race "Quick Race" session. The MXGP demo also showcases a small sample of the finished game's user interface and in-game tutorials for players to sample ahead of title's release next week.
No details regarding the release for the console demos of MXGP have been disclosed at time of writing, other than Milestone's confirmation that this info will be "announced later on".


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The Triumph Street Triple 765 is probably among the best middleweight street machine we have yet to test out since its launch in Malaysia back in 2019.
Nevertheless, we still adore the bike from afar, appreciating the British-built machine from the get-go.
Fast forward to 2022, it seems the boys at Hinckley is already busy working on an updated version of the Street Triple, as proven by these new spy shot published by RideApart.
Instantly, the first thing you’ll capture is probably the shining golden glow of the new Ohlins front fork.
The Ohlins suspension system replaces the fully-adjustable 41mm upside-down Showa Big Piston Fork that’s currently available on the Street Triple R and Street Triple RS.
Despite the significant updates, whether the rear suspension matches the new model’s front Ohlins setup is unclear.
The Street Triple R is currently fitted with a Showa monoshock, while the RS gets the fully-adjustable Ohlins STX40 monoshock.
Other notable cosmetic changes include a belly pan similar to the current RS, a carbon fibre hugger and new grab rails at the rear of the pillion seat.
The Street Triple might also get additional colour options and other electronics upgrades.
However, further details will remain a mystery, and we could only speculate what’s in store for us from Triumph.
Nonetheless, since the test mule is already looking like a production-ready unit, it is safe to assume that it could be ready for launch later this year as a 2023 model.


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Vlad TepesÂ decided to check to see what Kosher products and halal products Cadbury offers.
CadburyÂ take a look!
They are going to end up banning everything Â leaving us with no identity. Take away our traditions and Islam will fill the vacuum:
Alabama Elementary School Bans Using ‘Easter’ in Egg Hunt, Bunny
USA: Easter egg hunts aren’t inclusive, but wearing hedjabs shows awareness and dispels stereotypes—Who needs Easter Egg Hunts when you got Islam & hijaab already?
“Just trying to make sure we respect and honor everybody’s differences”–Â principal Lydia Davenport
School Bans the Word “Easter”Â (Moonbattery)
Let this brave educator ban such words as “Ramadan.”How about banning the Â “jihad”. And while we are at it, let’s also ban “da’awa”. Â And “sharia”.
It’s that time of year again â€” time for moonbats to defend the progressive agenda from the menace posed by Easter. At a government school in Madison, Alabama, the very word has beenÂ banned:
“We had in the past a parent to question us about some of the things we do here at school,” said Heritage Elementary School principal Lydia Davenport. “So we’re just trying to make sure we respect and honor everybody’s differences.”
It will also be forbidden to refer to Easter eggs as “Easter eggs” â€” all for the sake ofÂ diversity, which can be defined as rigidly intolerant adherence to doctrinaire liberalism.
This has to stop. It’s the Islamic protection Â racket. Moolah for jihad and the spread of Islamic imperialism.
This is not “creeping” Sharia any longer, this is “galopping” Sharia. We are forced to finance the Islamisation of our Western Judeo-Christian and Humanities cultures, because make no mistake this money does not go towards the betterment of any non-muslim.
Halal Easter eggs and cat food: where big money meets religionÂ SMH.com (Pamela Geller)
Cadbury will sell a mountain of chocolates this Easter, as it does every Easter. It has been careful to make sure that its products are certified as halal, even though it is not necessary.Â Hundreds of companies in Australia do the same. Halal certification has become a big business.
The essence of halal is that any food is forbidden to Muslims if it includes blood, pork,Â alcohol, the flesh of carnivores or carrion, or comes from an animal which has not been slaughtered in the correct manner, which includes having its throat slit. Food labelled as halal invariably involves the payment of a fee. It does not extend to chocolate but Cadbury lists 71 products which are halal, ranging from Dairy Milk to Freddo frogs to Red Tulip chocolates. The website also states: ”We do not have any kosher-certified products.”
”Cadbury also pay for halal certification on the Easter product range, even though Easter is a Christian celebration and nothing to do with Islam,”Â says Kirralie Smith, who runs a website called Halal Choices. The website lists 340 companies in Australia that pay for halal certification, includingÂ Coles, Woolworths, Aldi, Franklins, Kellogg’s, MasterFoods, Nestle and even Kraft’s Vegemite.
Halal Choices has received more than 250,000 visits since Smith, a Christian activist, created the website two years ago toÂ draw attention to the incremental extension of shariaÂ into Australian culture.
”[Cadbury has] a standard letter to people who complain about their halal certification which says they have been assured the Australian Federation of Islamic Councils [which issues halal certifications] are not involved in any illegal activity,” Smith said. ”They might want to explain the $9 million in fraud involving the Malek Fahd school.”
(Last year the Malek Fahd Islamic School in Sydney was ordered to repay $9 million in state funding which the state and federal governments said had been illegally transferred to the Australian Federation of Islamic Councils. A federal government audit also questioned numerous payments made to AFIC by Islamic colleges in Canberra, Brisbane and Adelaide.)
More from Rita:
If you are still under the illusion that we have a choice, you go and look for any non-halal certified cheese, or smoked salmon etc. and increasing etc.
I will certainly not buy any Halal infested product, which considerably limits my choice of products in a soi-disant “free” country where the muslim population represents only 2 %. I will now buy imported smoked salmon (the only non halal infected smoked salmon available here in Australia) – and that even if it’s more often than not “kosher”. Because at least the Jews are not forcing their religion onto us and Kosher products are not crowding out other Australian products as do Halal products.
Cadbury should be ashamed to not only aggressively promote islam but to even indulge in racist and anti-semitic politics by stating on their website: ”We do not have any kosher-certified products.”
“We will conquer the world through the halal movement”
In 2010, the mufti of Bosnia-Herzegovina Mustafa Ceric, a Muslim Brotherhood leader in Europe, has evoked this project of Islamic conquest in a speech given in Islamabad (Pakistan) at the Global Halal Congress – Reported by theÂ Daily MailÂ (Islamabad) and archived byÂ GMBDR
“We will conquer Europe, we will conquerÂ America!”
Excerpt of a speech given in 1995 by Youssef Qaradawi, the Muslim Brotherhood spiritual guide, at a convention organized by the Muslim Arab Youth Association (MAYA) in Toledo (Ohio) – Archived byÂ Investigative Project
“It should be us, with our understanding of Islam, our principles, colonizing positively theUnited States of America”
Excerpt of a speech given in July 2011 by Tariq Ramadan in front of the Islamic Circle of North America (ICNA) in Dallas (TX) – Transcript byÂ Point de Bascule


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Those of you keeping an eye on Africa’s varying eco credentials over the past few years may have noticed an exciting trend beginning to emerge of late. We’ve known for some time that concern for ethical consumerism was on the rise among African shoppers – particularly in the continent’s trend-setting green hubs like Cape Town – but now it appears that big business may finally be getting in on the act.
Of course, organisations like Fairtrade and the HORTGRO growers’ association have previously enjoyed significant successes in pushing sustainability and locally sourced produce higher up the African consumer agenda. Indeed, HORTGRO’s ongoing Beautiful Country, Beautiful Fruit campaign, which champions the value of an ethical supply chain behind Africa’s worldwide stone fruit exports, has been ticking over since 2009. In that time, they’ve even managed to exert an impressive influence over major global retailers such as Tesco in the UK.
Fairtrade, too, have released figures in the past 18 months that reveal how its African revenues have snowballed since launching on the domestic market in 2010: a report released last year showed that between 2013-14 alone, its rooibos tea sales grew by 65%, along with impressive jumps in the performance of Fairtrade coffee (23%) and wine (18%).
Moreover, Fairtrade’s current LABELWISE campaign also echoes this sense of increased traction in Africa’s domestic grocery markets, where it says growing numbers of shoppers are choosing to make easy swaps to achieve a ‘greener’ shopping list. Recent press releases from the LABELWISE initiative note that today’s African consumers are expressing more and more interest in ‘challenges related to deforestation, climate change and overfishing, unethical labour practices and sharing of benefits’.
It seems, then, that a developing awareness has been building slowly since 2010 – but over the past 12 months, things appear to have accelerated dramatically. The first real sign that a real sea change might be brewing came at last year’s Sustainable Brands conference in Cape Town, where multinational packaging giants Tetra Pak shared a stage with South African Airways and the Forest Stewardship Council to present a keynote address based on ‘the importance of building market demand from environmentally conscious consumers’.
At the conference, Tetra Pak revealed the results of their own African market research, which showed that 63% of South Africans believe people pay attention to ecolabels. This, it was noted, placed South Africans ahead of consumers in India, China, the UK, and Turkey in similar surveys.
The key implication, according to representatives of the three corporations presenting the report, was that ‘society’s growing sense of responsibility for the environment opens up doors to consumer-focused companies across all industries to incorporate sustainability within their products and policies’. In other words, big business is starting to take note of the fact that improved eco credentials may actually increase their profits.
Fast forward to last month, and the World Travel Market Africa (WTMA) expo in Cape Town. We all expected the UN’s Sustainable Development Goals to feature on the agenda, of course – 2017 is the International Year of Sustainable Tourism for Development, after all – but the extent to which the SDG’s dominated discussion and planning between business leaders was genuinely exciting, and suggested a very bright future for Africa.
Between lattes at the nearby Origin Coffee Roasting franchise (serving ‘the best coffee in the world, poured by African baristas, using beans roasted with pride in Africa’ according to its website), WTMA delegates whittled down a list of Responsible Tourism Award winners that ultimately namechecked a wide range of ethical and sustainable African ventures, including Mozambique’s Ilha Blue Island Safaris, Namibia’s Damaraland Camp and the MTN Bushfire festival in Swaziland.
This apparent evidence for the increasing success of green consumerism in Africa also chimes with the findings of a report from PricewaterhouseCoopers African network, whose own study last year showed that 91% of citizens felt it was ‘important for businesses to sign up to the SDGs’. Even more importantly, the same report noted that 87% of businesses were aware of their customers’ concerns and were gearing up to address them directly.
The fact that this sort of enterprise and awareness is rapidly spreading beyond South Africa and into other areas of the continent – not to mention onto a fast-growing number of business conference agendas – is hugely encouraging, and bodes well indeed for Africa’s long-neglected environmental future, from grassroots and community level all the way up to the board room.


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Outkast now has the No. 1 rap-selling album of all time, according to an Instagram post from Big Boi.
Speakerboxxx/The Love Below, which was released on Sept. 23, 2003, became the best-selling rap album with 13 million units sold, according to Big Boi.
The album surpassed Eminem’s “The Eminem Show,” which was released in 2002.
View this post on Instagram


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Saudi Aramco and Total on Thursday consented to a joint endeavor arrangement to build up a system of fuel and retail benefits in Saudi Arabia.
The 50:50 JV intends to contribute around $1 billion throughout the following six years in the Saudi fuel retail market and begin furnishing drivers with premium powers and retail benefits in the Guf kingdom.
The declaration comes after UAE-based Adnoc and Enoc propelled plans to extend its administration stations in Saudi Arabia.
“All out is glad to be the primary universal oil major to put resources into Saudi Arabia’s fuel retail arrange. This joint endeavor understanding is in accordance with our worldwide methodology to extend in quickly developing markets around the world.” said Momar Nguer, president marketing and services and executive committee member at Total.
“I am amped up for this real achievement, which will help change the fuel retail advertise in the kingdom. We anticipate cooperating with our long haul accomplice Total, and draw on their broad involvement in the fuel retail showcase,” said Abdulaziz Al-Judaimi, Saudi Aramco senior VP of Downstream.
He included: “We intend to improve the nature of administrations, just as make a great many occupations and extra venture openings in the kingdom.”
The two organizations have likewise consented to an arrangement with the proprietors of Tas’helat Marketing Company and Sahel Transport Company to get their current system of 270 administration stations and their fuel tanker armada.
Saudi Aramco and Total said they intend to modernize the system and construct new administration stations at chosen areas.
Follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, to get all the latest retail news from the UAE and Gulf countries, which is updated daily.
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New car buyers in Adelaide will have the opportunity to offset the carbon emissions of their new vehicles in a scheme launched on Tuesday.
But the green initiative will come at a cost with the customer asked to pay up front to supply the trees that will soak up the greenhouse gases.
Conservation group the Canopy Project, together with the Adelaide-based Toyota CMI, on Tuesday launched Australia's first offset scheme for cars.
Using a formula developed by the Australian Greenhouse Office, CMI car buyers will be able to make a donation at the time they buy their new vehicle to cover the cost of planting enough trees to soak up the carbon emissions the car will put out over the next 40,000 kilometres.
The donation can then be claimed as a tax deduction.
The contribution for a small car has been set at $134, enough to cover the cost of trees to soak up 6.7 tonnes of carbon dioxide.
A medium-sized car will cost $198 and a large car or four-wheel-drive $322.
The trees will be planted on a 50 hectare property near Kanmantoo, east of Adelaide, and will be registered on the property title to protect them even if the land is sold.
Canopy chief project designer Leonard Cohen said CMI was the first car dealer in Australia to have a program that would precisely offset emissions.
He said the scheme also offered ordinary people the opportunity to take action on climate change.
"The war against carbon is real and everyone wonders what they can do to make a difference," Mr Cohen said.
"Now there is the capacity for action."
CMI managing director Paul Crawford said his company's market research showed that 87 per cent of its new car buyers were willing to pay extra to ensure their car was carbon neutral.
He said CMI expected about 1,000 of its customers each year to take up the offer.


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Daniel is a serial entrepreneur and technologist who started his first company in 1997 at the age of 14. He is currently the CEO of Spotify, which he co-founded in 2006 together with Martin Lorentzon.
Spotify is an award-winning digital music service that gives on-demand access to over millions of songs, wherever you are. The music service makes it easier than ever to discover, manage and share music with friends, while making sure that artists get a fair deal. Spotify is available on the computer, smartphone, and a whole heap of other devices from Android to iPod.
Prior to Spotify, Daniel founded Advertigo, the online advertising company acquired by TradeDoubler, having previously held senior roles at Nordic auction company Tradera (acquired by Ebay). Daniel was also CTO at Stardoll, the fashion and entertainment community for tweens.
|Oct 14, 2016||TechCrunch - Spotify co-founder Martin Lorentzon steps down as chairman, CEO Daniel Ek steps up|
|Sep 22, 2016||Sydney Morning Herlad - How Google, Amazon and Starbucks and other famous companies got their names|
|Sep 14, 2016||Mattermark - Tracking Spotify’s Growth To 40 Million Subscribers|
|Sep 14, 2016||9to5Mac - Spotify hits 40 million paid subscriber milestone, outpacing Apple Music’s growth|
|Jul 31, 2016||iPhone in Canada - Kayne West Wants Apple to Buy Tidal to End ‘Beef’ Between Both Music Streaming Services|
|Jul 20, 2016||Business Insider Australia - Here's when music giant Spotify will finally IPO|
|Jul 20, 2016||Business Insider (tech) - Here's when music giant Spotify will finally IPO|
|Jul 9, 2016||Business Insider Australia - And now Vinod Khosla, one of the Valley's most powerful VCs, has been hacked|


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Every year we take a look at the performance of our favorite devices and how they stacked up against each other. This year is no different, and (surprise, surprise!) Apple came out on top.
Yahoo-owned Flurry has published a report highlighting how this holiday season shoppers invested big in Apple. In fact, the company counts a hefty 44 percent of device activations during the holidays, followed by Samsung at 21 percent, then Huawei and LG at a somewhat lackluster 3 percent and 2 percent, respectively. If you had any doubt that Samsung and Apple were really the only major players in the smartphone game, let these stats put that doubt to rest.
There are a few interesting things to note about these figures. For one, despite Samsung’s so-called year of disaster, the company inched up by around 1 percent compared to 2015. If the Galaxy Note 7 was as huge of a success as it was on track to be, Samsung likely would have jumped up far more than 1 percent. It’s doubtful it would have taken out Apple, but a good few more percentage points would have been expected. Huawei also exceeded expectations — it was barely on the charts in 2015 but made it to third place in 2016.
It seems like the Google Pixel didn’t really make much of a dent in the market, despite the fact that we’re expecting the device to have sold reasonably well on Verizon and the fact that Google has even had trouble filling all the demand for the Pixel. Perhaps in 2017 the phone will make more of an appearance.
While there are minor differences, the overall story is the same — Apple’s iPhone is the big seller during the holiday season.
- The ugly side to Apple’s embrace of third-party App Store payments
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- Motorola’s next flagship phone will have a truly unusual camera system
- Apple’s new M2 MacBook Pro can’t handle the heat — should you still buy it?
- The OnePlus 10T just leaked with a few disappointing changes


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Housemarque has been very active in promoting Returnal lately, which is not surprising, as it is a successful game that they are still working on.
As we reported, Housemarque recently said that it hopes new PS Plus subscribers will “dare to try” Returnal after Sony Interactive Entertainment announced that the game would be included in the revamped service. The company has not yet revealed the entire library of games included in each tier but confirmed that Premium and Extra levels would include Returnal, God of War, Marvel’s Spider-Man and Miles Morales, Death Stranding and Mortal Kombat 11.
Housemarque is delighted that Returnal has been included in the new PS Plus.
Ilari Kuittinen, an executive at the company, also suggested that the success of Returnal was key to Housemarque’s change of direction. While the studio is not ready to part with its arcade roots, it is keen to move forward using the lessons learned from the successful game. “Gameplay always comes first,” says lead designer Henri Mustonen. “So we always want to put gameplay and focus on systems first. Obviously, we want to have an even better marriage between the two going forward.”
At the same time, boosting promotion is also an important aspect, as the game provides the perfect platform to attract the interest of as many people as possible. And Sony’s new service will deliver the backdrop for as many people as possible to try Returnal and decide for themselves whether it’s as good as the critics have made it out to be.
The game’s success is particularly commendable given how difficult it has been to develop.
Harry Krueger, the director of Returnal, recently said that using Unreal Engine 4 was a leap in the dark for him, as the developers had to “sprout wings” in the fall. He said it was no exaggeration to say that Returnal was not playable for nearly half of the development cycle. They had to learn how to use the engine, but they kept breaking things and depending on things they didn’t understand.


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John McCallion, marketing director for Great Western Railway, and one of the first marketers in the privatised railway industry, is leaving the company.
McCallion, who made a substantial sum of money when Great Western was bought by trans port company FirstGroup, will now front a management buyout of an unnamed retailer.
McCallion, who used to work for PepsiCo and Marks & Spencer, says: “Now that Great Western has been bought, I’ve made my money and it’s time for me to move on.”
He will be replaced by director of customer services Mike Carroll, previously director of customer services, who becomes Great Western’s commercial director.
Carroll will oversee marketing and customer services in his new role and the marketing director role will be axed.
McCallion says: “The idea is to create a greater synergy between customer services and marketing.”
The move follows the appointment of Andy Cooper, director and general manager of Great Western who joined the company at the beginning of the month. Cooper was formerly managing director of Anglia Railways.
FirstGroup, which had a 25 per cent stake in Great Western – dubbed “late Western” because of its record on punctuality – bought the remaining 75 per cent share on March 30. As part of the takeover deal, FirstGroup promised to carry out a 70m package of improvements, including the introduction of new rolling-stock.


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The Square Cash app makes sending and receiving money free and easy, but make sure your e-mail account is truly secure before using it.
Telecom Square's Global Hotspot is a dependable and convenient way to access the Internet while traveling, but you'll need to be a heavy data user to make the service economical.
The Hom-Bot boasts some interesting bells and whistles, but after comparing its price and performance with the competition, it’s a tough purchase to justify.
Technically Incorrect: In a TV appearance, Jimmy Iovine suggests that Apple's service helps women do that music thing that they're allegedly not so good at. Because "not everyone knows a DJ."
Technically Incorrect: Do you need a so-called Pocket Dial? No. Is it a good idea? Oh, you decide.
Starwood Hotels and Resorts, the company behind nearly a dozen hotel brands, says that more than 50 of its locations suffered from a malware attack on point-of-sale systems.
The Australian studio's upcoming console game is a cooperative puzzle that makes players communicate with each other.
"We want our longtime fans to relish reliving past experiences."
The startup intends to trade under the ticker symbol "SQ" on the New York Stock Exchange.
Jack Dorsey is now CEO of both Twitter and Square. Running one big company is tough. Now he has two.


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St. Louis Fashion Week finds home at Union Station
Read original article HERE
By Debra D. Bass Post-Dispatch Fashion Editor firstname.lastname@example.org 314-340-8236
Photo by Chris Lee, email@example.com
St. Louis Fashion Week has a new home in Union Station, the city’s newest event space, and both are hoping to cash in on the cachet of the other.
The fashion week enterprise will gain stability in planning events from year to year instead of starting from scratch each season and scrambling for space around town. It doesn’t hurt that the new space opening in April boasts a $5 million renovation, part of the station and hotel’s $66.3 million makeover by its new owner Lodging Hospitality Management. Registered as a national historic landmark, Union Station was a hub of rail passenger service after it opened in 1894.
Union Station developers want to reclaim some of that prestige and see the benefits of being associated with one of the most fashionable events of the year as they woo new conventions, bridal parties and special events.
The two have agreed to a three-year collaboration that is a mix of trade, multimedia promotion and cash.
St. Louis Fashion Week creative director Sam Foxman sparked the deal after touring the space as part of his event planning business Evntiv.
“The first time I saw the space, which is a completely open long and narrow hall that’s basically an exhibit space, the possibilities were swimming in my mind, but fashion week was one of the things I saw first,” Foxman said speaking of space called the Midway, where trains were once launched.
The 50,000 square feet of space with a barrel roof has a line of windows along the ceiling for natural light, and the developers have restored many historic touches, removing all signs of the 1980s retail storefronts that occupied the space along the Market Street side of the building.
“It’s perfect for a fashion show and perfect for any number of unique events,” said Stephen O’Loughlin of Lodging Hospitality Management, which bought Union Station for $20 million in 2012. “This is absolutely a win-win, a great thing for us to come out of the gate and unveil our new space.”
Foxman said that although it’s great to host events all over the city to show that fashion is happening everywhere, it’s “enormously beneficial to have a home for a while. And the fact that it’s new, that’s got a bit of good buzz to it.”
Elizabeth Tucker, the co-founder of St. Louis Fashion Week and executive director, couldn’t agree more. She said that every year they were creating pop-up venues, which meant lots of meetings to review the space, configure the seating, rework the sound system, design new runways, meet with city officials and more.
“Now we can focus more on the designers and more on enhancing the production,” Tucker said.
St. Louis Fashion Week, launched in the fall of 2007, hasn’t had a dedicated home since it was hosted at Lumière Place Casino and Hotel for four seasons (March 2008 to fall October 2009) in an unfinished event space above the casino floor.
Tucker said O’Loughlin was immediately on board with the idea of bolstering the fashion appeal of the city.
“We knew they’d be great partners because we’ve worked with them in the past few years for our after parties,” at the Hilton St. Louis at the BallPark’s Three Sixty Rooftop Bar, Tucker explained.
When she sat down with O’Loughlin to discuss the new venture, she said that his answer was “yes” before she even presented any details about payment.
“That’s a great feeling,” Tucker said. “He gets it, and he gets us, and both of us want to be somewhere where there’s a bubbling up of conversation around what you’re doing. Celebrity, culture and food and fashion all have that kind of cachet.”
St. Louis Fashion Week will host only one show at Union Station during its three-day run in April, but it will return in the fall, its longest schedule, with two or three days of shows in the space.
By fall, the $2.5 million renovation of the Grand Hall (previously a salon for ladies and gentlemen to wait for their trains to depart) will also be complete with an ornate digital ceiling and early 1900s style bar and lounge areas. The space will be used as a cocktail and preparty area for St. Louis Fashion Week.
“Once we saw the space it was a no-brainer. It’s as if it was built with the notion that it would be a fashion center,” Tucker said.


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Microsoft has announced that Crackdown 2 will be released during the first half of 2010.
According to studio exec Aaron Greenberg, the Xbox 360 exclusive sequel could arrive during the first quarter of next year. Speaking on the Major Nelson podcast, Greenberg insisted that 2010 will be a bigger year for Xbox 360 owners than 2009.
"It's funny looking back at the first half of 2009: what made that interesting was that we had a lot of big DLC content," he said. "What's different about 2010 is we have, starting in January, a triple-A exclusive title pretty much every month for the first half of the year.
"You got Mass Effect 2, Splinter Cell [Conviction], Alan Wake, you got Crackdown 2, we know we've got things like Fable III and Halo: Reach coming later in the year. And that's just the exclusives. That doesn't include things like Final Fantasy XIII.
"There's no way we had a first half of the year like that this year. While we had Modern Warfare 2, which was awesome and the biggest title of the year, knowing that Halo: Reach will be that big daddy for us is very exciting as well."


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Indian gold and silver futures traded slightly lower on Monday, still consolidating in recent price ranges, with the physical market witnessing subdued demand in a seasonally slow period after a series of government measures to contain imports.
At 3:56 p.m., the actively traded gold for August delivery on the Multi Commodity Exchange (MCX) was 0.32 percent lower at 27,790 rupees per 10 grams. It has moved in a range of 26,961-28,288 rupees since the start of the month.
Silver for July delivery on the MCX was 0.53 percent lower at 43,601 rupees per kilogram.
"Demand is poor at the moment as the rupee is weak... People had stocked so much in April and May," said Satish Bansal, managing director, MD Overseas, a gold importer in New Delhi.
A weaker rupee makes the dollar-quoted yellow metal expensive. The rupee plays an important role in determining the landed cost of the dollar-quoted yellow metal.
The festival and wedding season has ended and will re-start in August.
Net gold imports into India, the world's biggest buyer of bullion, have fallen from an average of $135 million in the first half of May to $36 million in the second half of the month, the finance minister said.
The government does not need to act as of now to further moderate gold imports as the recent steps have already had a considerable impact, a government official said recently.


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MINNEAPOLIS – November 15, 2016 – East View Geospatial (EVG) has launched MapVault™, a web-based subscription service providing access to a global collection of raster mapping.
MINNEAPOLIS – November 9, 2016 – A reference database covering all of Africa is available for the first time with the release of the African Development Data Explorer (ADDaX), from East View.
MINNEAPOLIS – October 27, 2016 – Two former Royal Marines are seeking to make history this fall, and East View Geospatial is going to help them get there.
MINNEAPOLIS – August 30, 2016 – East View Companies is proud to announce the launch of East View Nautical, the company’s newest website, dedicated to maritime professionals and nautical enthusiasts.
MINNEAPOLIS – August 11, 2016 – East View Geospatial is proud to announce the signing of an historical agreement with SEMAR, the Mexican Secretariat of the Navy.
MINNEAPOLIS – May 4, 2016 – East View Geospatial has teamed with DigitalGlobe, Inc. (NYSE: DGI), to provide access to DigitalGlobe’s Geospatial Big Data platform (GBDX), expanding research and design capabilities with high resolution imagery archives. The GBDX ecosystem complements East View Geospatial efforts to deliver innovative analytic solutions to customers while deepening its already rich […]
MINNEAPOLIS – March 23, 2016 – East View Geospatial is excited to announce the availability of PlanetDEM 30 Plus, the latest product from Planet Observer.
MINNEAPOLIS – March 1, 2016 – East View Geospatial is excited to announce an agreement with Valtus Imagery Services, part of Hexagon, adding fresh, high resolution aerial imagery to its continually growing product portfolio.
MINNEAPOLIS – February 9, 2016 – East View Geospatial customers will now have access to increased satellite imagery frequency, and a growing archive offering the full suite of Planet Labs products.


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A popular estaurant chain has announced it will open its second Connecticut location at a busy mall in the region.
The Connecticut Post Mall located in New Haven County in Milford announced on Wednesday, Aug. 3 that P.F. Chang’s will open in 2023 at the shopping center.
“We are thrilled to bring P.F. Chang’s to the CT Post Mall and our Milford-area community,” said Ken Sterba, general manager of the mall. “The immersive Asian dining experience P.F. Chang’s offers will be a hit with our guests, and the restaurant is sure to become a go-to spot to celebrate with friends and family on any occasion.”
The new P.F. Chang’s will occupy the former Bar Louie space at the mall, Sterba said.
When it opens, guests can expect to enjoy the elevated Asian cuisine the brand is famous for, including P.F. Chang’s scratch-made favorites, such as Chang’s Spicy Chicken, Mongolian Beef, and Chang’s Lettuce Wraps.
Additional information about the new P.F. Chang’s including employment opportunities and a grand opening date will be shared later in the year.
The chain also has a location in West Hartford.
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Fujitsu is to undertake "full-fledged structural reform" and shed thousands of staff after posting third-quarter results that show a stuttering PC business and a tough European sales climate for infrastructure solutions. The Japanese tech giant is also spinning out its chip business into a joint venture with Panasonic.
For Fujitsu's fiscal Q3, which closed at the end of 2012, the vendor posted sales of just over $12bn (£7.65bn), representing a 2.9 per cent decline on the corresponding period last year. Restructuring costs related to the rejig of the semiconductor unit contributed to the firm posting a net loss of $908m.
The vendor's Technology Solutions business saw global Q3 sales rise 2.1 per cent year on year to $8bn. The softness of the Japanese yen put a shine on the results, as sales outside Fujitsu's homeland declined one per cent in constant currencies, but rose 2.7 per cent as reported in yen.
In a statement, the firm outlines that "sales of infrastructure services fell due to the impact of cutbacks in corporate spending and fiscal austerity measures stemming from the economic downturn in Europe".
There was more bad news in Fujitsu's PC and phone business – dubbed Ubiquitous Solutions – which saw revenue decline 11.5 per cent year on year to $3.06bn as it endured an operating loss of $23m.
"Fujitsu's device business, its business outside Japan and PC business have deteriorated significantly from projections announced at the beginning of the fiscal year," said president Masami Yamamoto.
The Device Solutions chip business also endured a poor Q3, with turnover down 6.3 per cent annually to about $1.5bn, and operating losses spiralling to $107m. The unit is now to be merged with the equivalent division of Panasonic and run as a separate company.
"Fujitsu aims to streamline production capabilities and rationalise personnel resources to achieve a more compact organisation with stable business operations," said the vendor in a statement.
Elsewhere across the business, the company will be reducing its headcount by 5,000, with another 4,500 being transferred to new divisions or roles. Fujitsu also intends to "streamline corporate headquarters" and conduct other "cost-reduction activities".
"The full-fledged structural reform measures that we have announced today are intended to address the issues [our] businesses present, and will strive to bolster our ability to achieve profitable growth the next fiscal year and going forward," added Yamamoto.
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