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CETA threatens the generic pharmaceutical industry in Canada
Trade agreement would cause loss of jobs and $1 billion per year in exports.
TORONTO, ON, October 11, 2011: Canada could face a loss of jobs and investment in its R&D intensive and fast-growing generic pharmaceutical industry if the European Union's pharmaceutical intellectual property proposals in the current Canada-EU trade negotiations are adopted, according to a new report released today. The report by Montreal-based E&B Data was commissioned by the Canadian Generic Pharmaceutical Association (CGPA).
The report notes that the global demand for generic pharmaceuticals is growing at a rate of 10 percent each year, and the global market is expected to grow to $358 billion by 2016. Canada is currently well positioned to benefit from the global growth of this industry through existing generic pharmaceutical R&D and manufacturing facility investments by several global and Canadian-based companies.
| || ||"The EU proposed changes to Canada's intellectual property regime for pharmaceuticals which would extend periods of market exclusivity for brand-name drugs by an average of 3.5 years and add an estimated $2.8 billion annually to Canada's prescription drug bill." |
Canada's generic pharmaceutical industry has a strong industrial base centred in the Montreal, Toronto and Winnipeg regions, and employs more than 11,000 Canadians in highly skilled R&D and manufacturing positions. In addition to producing most of the generic drugs sold in the domestic market, generic products manufactured in Canadian facilities are exported to more than 115 countries around the globe. The value of these low-cost exported products exceeds more than $1 billion annually.
The EU has tabled several proposed changes to Canada's intellectual property regime for pharmaceuticals in the current negotiations for a Comprehensive Economic and Trade Agreement (CETA), which would extend periods of market exclusivity for brand-name drugs by an average of 3.5 years and add an estimated $2.8 billion annually to Canada's prescription drug bill. These increased costs would be paid by private and public sector payers, consumers and taxpayers.
According to today's report, if the EU's proposals are adopted, generic pharmaceutical companies in Canada could lose their ability to seek timely access to new export markets, and opportunities in foreign markets would be captured earlier by manufacturers in countries that do not have the comparable barriers to trade that the EU proposals would create.
1. Short- to medium-term impact
•Canadian generic pharmaceutical companies would lose export markets and manufacturing mandates for new generic molecules. As a result, some R&D projects already under way would be abandoned.
•There would also be less R&D on new molecules in the future as securing future project financing would be more difficult. Production of older molecules will likely continue, but dependence on existing products will diminish the revenues of Canadian companies.
•Reduced upgrades of existing manufacturing and R&D centres could be expected. The lower revenues, later market entry and reduced ability to compete for global mandates will also provide less incentive for generic companies in Canada to challenge weak and frivolous patents.
2. Long-term impact
•If the EU pharmaceutical intellectual property proposals are adopted, the generic pharmaceutical industry would face a highly uncertain presence in Canada.
•Generic pharmaceutical companies could be expected to divert production and R&D mandates to industrial facilities in other countries that present a more attractive investment climate.
•Shutdowns and relocations are possible, resulting in job losses in the generic pharmaceutical industry and its suppliers. Ultimately, only commercial activities (import and distribution) would likely remain.
Links and sources
New report: Adoption of EU's pharmaceutical proposals would mean Canada loses out on fast-growing generic industry investments
Posted: October 24, 2011
Public Values (PublicValues.ca) is a project of the Golden Lake Institute and the online publication StraightGoods.ca


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Tourism arrivals to Israel hit another record in 2019 growing to 4.5 million and resulting in improved hotel performance throughout. This article explores the hotel performance and development pipeline in Israel.
HVS, EP Magazine, Bird & Bird, and AlixPartners hosted a webinar for the Hotel sector on 8 July 2020. We were joined by a number of industry experts covering essential issues on how to plan for financing the re-start, including cash flow scenario planning, working capital considerations and funding options.
Industry experts from around the globe share what they are seeing in their markets today, the status of travel restrictions, how their governments are supporting the industry financially, and how they see the recovery process starting and playing out.
Could coronavirus close the hotel buffet breakfast for good? International hotel adviser Russell Kett says "the breakfast buffet is likely to become a thing of the past."
Hotels Count the Cost of COVID-19 Pandemic and Look to Remodel Business to Rebuild Consumer Confidence
HVS London Chairman Russell Kett discusses the path to reopening for hotels as restrictions ease from the COVID-19 pandemic.
The impact that COVID-19 is having on the hospitality industry is palpable. There is no time more important than right now to come together, share information, and discuss what this means for our future. Katherine Doggrell is joined by Russell Kett, Chairman at HVS.
So why is it that so many owners feel the need to employ asset managers to help them ensure the manager is doing a good job? Why don’t many operators do this on their own? After 45 years of looking at hotel operating performance, here are my top 10 tips for getting the most out of your hotel business.
While a great deal of uncertainty exists about the eventual spread of COVID-19, experience to date in China, other Asian countries and now Europe indicates that a global pandemic is underway. Interruptions of supply chains could exacerbate a global economic slowing down.
AlixPartners, STR and HVS have published the Q4 2019 UK Hotel Market Tracker. The Hotel Market Tracker analyses performance, supply and transactions in London and the UK regions.
HVS London has identified five key issues that hotels need to consider as we move into the new decade, including the fact that travellers are now expecting a more personal service, the issue of corporate responsibility and the importance of attracting and retaining good staff.

domain: news


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If someone contacts your business, whether it’s via a phone call, email or by actually walking into your store, chances are they have itch you can help them scratch. So help them scratch it!
Business is booming for a young British entrepreneur who is helping budget-stretched shoppers by opening affordable supermarkets as an alternative to food banks.
The world’s largest online retailer Amazon has long threatened to put bricks-and-mortar bookstores out of business, but now it is set to join them.
Microsoft's first store in Australia, to be located in Sydney's Pitt St Mall, is set to open on November 12.
A former Pie Face store owner who lost $200,000 in the three years he ran his shop has claimed he never met a single franchisee who said 'with a straight face' they made any money from the food chain.
David Jones will bin its underperforming brands and designers, in another sign the department store’s new owners, South Africa’s Woolworths Holdings, are going to clean house.
If you’re a retailer or online store owner, there are three product types you must offer in order to convert browsers into buyers.
Apple App Store prices are set to rise 30 per cent in Australia from this afternoon.
Woolworths Limited says it will create almost 7,000 new jobs across its Australian business division this financial year, primarily through the opening of new stores.
One of the most powerful forms of media available to every bricks-and-mortar retailer, regardless of whether your budget is big or small, is the store window.
About 40,000 small businesses in Greece are likely to close in the second half of 2013, a survey suggests.
Department store retailer, David Jones Limited (ASX: DJS) has reported a 13.5% fall in net profit for the six months to January 2013, compared to the previous year.
It seems consumers are heading back in-store – according to the latest retail sales figures.
At its lowest, the Dow Jones Industrial Average (DJIA) plunged 1,175 points or 4.6 percent.


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Hyundai Motor Manufacturing Alabama (HMMA) today announced it will continue to grow its sport utility vehicle production capabilities later this year with the addition of the hybrid version of the Santa Fe. The Santa Fe Hybrid will join the Elantra sedan, Santa Fe and Tucson SUVs, and Santa Cruz Sport Adventure Vehicle on the Montgomery assembly line.
The addition of the Santa Fe Hybrid will mark the beginning of Hyundai’s electric vehicle production in the United States. The latest milestone for HMMA received the green light during a recent project agreement signing ceremony with Alabama Governor Kay Ivey at the state capitol and was announced by José Muñoz, president and CEO, Hyundai Motor North America in New York City today. Recently announced production enhancements at HMMA including the start of production of Santa Fe Hybrid will include $300 million in investments and the creation of 200 additional jobs.
“Hyundai Motor Company is taking its first steps toward bringing electric vehicle production to the United States. We are excited to showcase our team members in producing electric vehicles here in Alabama,” said Ernie Kim, president and CEO, Hyundai Motor Manufacturing Alabama.
“Over the years, we have developed an enduring partnership with Hyundai, and it’s been great to witness the profound economic impacts of the company’s continued investments in Alabama,” Governor Kay Ivey said. “Hyundai’s new growth plans in Montgomery will help prepare the state’s auto industry for the EV revolution while also aligning with our strategic initiatives such as Drive Electric Alabama. This is another major milestone for our friends at Hyundai.”
HMMA will begin plant expansion projects ranging from additional warehouse space to enhanced assembly processes to support electric vehicle production. The Santa Fe Hybrid will begin production in October 2022.
The addition of the Santa Fe Hybrid will strengthen HMMA’s position as a preferred employer in Montgomery and continue to increase high quality jobs at the plant and throughout its supplier base.
The Santa Fe Hybrid matches SUV versatility with MPG efficiency and is available now at all U.S. dealerships.


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According to Stuff.co.nz, a user from Whangarei was given the option of paying to highlight status updates and picture posts with a yellow background when he logged on to his Facebook page. It looks like Facebook is testing new feature to earn money from status updates. Facebook spokeswoman Mia Garlick confirmed the testing.
“We’re constantly testing new features across the site. This particular test is simply to gauge people’s interest in this method of sharing with their friends”
So what do you think guys, will you pay to get your status highlighted? Let us know in the comments.


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Gearing up for launches, Ford in expansion drive
US auto major Ford is on a network expansion spree in an attempt to increase its footprint in India.autos Updated: Feb 19, 2012 22:15 IST
US auto major Ford is on a network expansion spree in an attempt to increase its footprint in India.
"Every 10 days we will be putting up a new service or sales outlets," said Michael Bonham, MD, Ford India. The company opened 45 dealerships last week, taking its total service points to 200-plus which it hopes to triple by 2016. This is to ensure a backup is in place as Ford is launching eight new models, five of them small cars.
"We will get further into the rural India," he said.
Ford India clocked sales of 1,20,000 cars in 2011. By 2014, it plans to have an ambitious production capacity of 4,40,000 units between its Chennai and Gujarat plants, besides making 600,000 engines.
Ford exported 20,000 units last year, mainly its small car Figo and Fiesta, rebranded for overseas markets as Classic. "We are currently exporting to 55 countries and this will increase to 50 by the end of this year," Boneham said. Ford is the fourth big player after Hyundai, Suzuki and Nissan to use India as its small car export hub.
Ford exports cars from India to Africa, west Asia, South America and the Caribbean islands.
First Published: Feb 19, 2012 22:13 IST


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Mark Zuckerberg, known for his outsized ambitions for Facebook, is applying a similar long-term vision to bringing the Internet to the billons of people around the world who don’t already have access.
The 29-year-old CEO of Facebook Inc. discussed long-term plans for a world in which everyone is able to get online during an on-stage interview at the Mobile World Congress in Barcelona, Spain on Monday.
It was Zuckerberg’s most high-profile appearance yet at the world’s largest mobile trade show, signaling Facebook’s growing influence in mobile communications. The company’s mobile footprint has only expanded with its decision to buy WhatsApp, the wildly popular smartphone messaging service, in a surprise deal announced last Wednesday.


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Fashion Nova is known for its eyebrow-raiser styles. Recently, its beach cover-ups made headlines for looking more like assless chaps than caftans.
Now, the label is making waves with another questionable pair of pants: silky, high-waisted trousers with mesh paneling and neon green zip closures at the knees.
The “Not From Around Here” pants ($38) would fit in great at a ’90s rave, but Instagram users aren’t sure what to do with them in 2018.
“What in the ‘Matrix Reloaded’?” says one user.
“Mosquito-net chic,” says another.
Some are feeling it, though. “I love these Final Fantasy pants!” says one Instagrammer.
Your daily reminder that chic is in the eye of the beholder.
Source: Read Full Article


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Smartwatch Market Continues Double-Digital Growth
The global smartwatch market is booming, recording double-digit growth for the fifth consecutive quarter.
The first three months of 2022 saw a 13 per cent year-on-year climb, according to Counterpoint Research’s Global Smartwatch Model Tracker.
Apple has retained its hefty lead in the market, taking a 36 per cent market share during the March quarter. Counterpoint notes this lead could wider as the year goes on.
Samsung is chasing hard, with a 46 per cent year-on-year increase in shipments, with the Galaxy Watch 4 seeing the Asia Pacific market share grow significantly.
Huawei’s shipments stayed flat, but the Chinese tech giant managed to hold onto third, while Xiaomi and Garmin come in fourth and fifth.
Interestingly, Garmin ranked third in terms of revenue, thanks to its pricier models.


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OnePlus 7T Pro was only launched a few months back and the internet is already flooding with leaks and rumors relating to the OnePlus 8 and 8 Pro. Last month we saw the first renders of both the smartphones and now a famous tipster has posted an image on Twitter claiming that the OnePlus 8 Pro will feature a 120 Hz display. The post only said, “be a ‘Pro’” which caused confusion and people thought he was talking about a Samsung smartphone, Galaxy S11 to be precise. However, later on, he told his followers that he was talking about OnePlus 8 Pro.
Be a “pro”. pic.twitter.com/h4UwnOXn8H
— Max J. (@Samsung_News_) November 7, 2019
At the OnePlus 7T launch event in September, the company said that all its future smartphones will feature a 90Hz display. If the leak turns out to be true, OnePlus will take it up a notch with its 8 Pro and the handset will be the first smartphone from a Chinese OEM to boast a 120 Hz display.
As far as the specifications of both the OnePlus 8 and 8 Pro are concerned, we are waiting for more leaks. However, the renders confirmed that the OnePlus 8 will feature a triple sensor camera and a punch hole at the front, while the OnePlus 8 Pro will come with a quad-sensor rear camera.


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The Florida Farm Bureau Young Farmers and Ranchers have collectively compiled a listing of Florida farms and farm stands that are providing direct sales of fresh fruits and vegetables and protein boxes.
“I am so impressed with the resiliency and determination of our young farmers,” said Florida Farm Bureau President John L. Hoblick. “With the coronavirus disrupting segments of the supply chain, we are proud to link consumers to local farm outlets so that they may easily access a safe, affordable and abundant food supply.”
The list will be routinely updated and includes fresh produce and meat that can be purchased from farms directly or online. Consumers are encouraged to check the farm’s Facebook page for food availability and hours of retail operation.
When visiting a farm, CDC social distancing guidelines should be followed. The listing of farms and farm stands can be viewed at https://floridafarmbureau.org/florida-farms-selling-direct-to-consumers/.


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Times Union adds two Albany-area dailies as printing clients
The Hearst Corp.-owned Times Union, the area’s largest daily, will print the The Record in Troy and The Saratogian, of Saratoga Springs, NY beginning Aug. 30. The deal with Digital First Media, the New York City-based company that manages The Record and the Saratogian, also includes the printing of the The Daily Freeman in Kingston, NY and some affilated weekly publications.
All of that work had been done at The Record, but it could not be immediately determined how many jobs in Troy will be effected by the move. All employees at Journal Register Co., the former owner of The Record and The Saratogian, were put on notice in February, after 21st CMH Acquisition Co., an affiliate of funds managed by Alden Global Capital LLC., purchased Journal Register in bankruptcy court.
Digital First manages the papers for 21st CMH.
William Higginson, executive vice president of operations for Digital First, said the deal with the Times Union allows the company to upgrade the quality of its newspapers while focusing on the transformation to digital media and reducing infrastructure costs.
The Times Union’s new press produces up to 80,000 full-color, high-resolution copies an hour and is capable of printing up to 64 full-color pages.
Pinckney covers banking, health care, media and advertising.
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Grocery shops in Canada’s New Brunswick province are actually allowed to put down the regulation with buyers who aren’t vaccinated towards Covid-19: No jab, no meals.
The availability – which was contained in a “winter motion plan” introduced by New Brunswick Well being Minister Dorothy Shephard on Friday – provides grocery shops, malls and salons the choice of both implementing physical-distancing guidelines or requiring proof of vaccination to enter their institutions.
“With winter comes colder climate, shorter days, extra time spent inside and elevated alternative for COVID-19 to unfold,” Shephard stated. “It is crucial we now have a plan in place that ensures our healthcare system isn’t overwhelmed, but in addition considers the psychological, bodily and monetary well being of New Brunswickers.”
With out acknowledging points round denying entry to meals, Shephard prompt that abiding by the brand new measures received’t be troublesome. “They’re small actions that every individual can take, however when mixed, could make a giant distinction,” she stated.
Different new restrictions embody limiting family gatherings to 20 folks, capping out of doors gatherings at 50 folks and requiring unvaccinated folks to keep away from indoor gatherings – in different phrases, a lonely and probably hungry Christmas for the unjabbed. Masks are actually additionally required in out of doors public locations when bodily distancing can’t be maintained.
Residents should register to journey, and all unvaccinated folks coming into the province have to be quarantined and take a check to show they’re not contaminated after 10 days in isolation. More durable restrictions, comparable to banning non-essential journey inside the province, will kick in if new instances or hospitalizations rise to sure ranges.
New Brunswick is outwardly the primary Canadian province to permit grocers to ban unvaccinated buyers. For example, underneath Ontario’s necessities for vaccine passports, nobody might be prevented from accessing medical care or shopping for meals.
The province has recorded 133 Covid-related deaths for the reason that pandemic began, in response to native authorities information. About 80% of New Brunswick’s residents have been absolutely vaccinated towards the virus.


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India expects higher computer sales this fiscal year, spurred by falling prices and rising demand, a manufacturers’ group said Tuesday. As many as 3 mil computers could be sold, compared to an initial target of 2.7 mil units, the Manufacturers’ Association of Information Technology said in a statement.
India, with a population of more than 1 bil, has one of the lowest rates of computer ownership in the world, at just nine computers per 1,000 people. The global average is 27 computers per 1,000 people, and in the United States it exceeds 500. In early 2003, a basic computer was priced at $600, unaffordable to most in a country with a per capita income of $480.


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Sensex stays on upward curve, rises 91 points
Mumbai: The benchmark BSE Sensex, maintaining its momentum, rose over 91 points in early trade today on the back of gains in consumer durables, IT, healthcare, capital goods and oil and gas on persistent foreign fund inflows.
This came amid a mixed trend in other Asian markets.
The 30-share barometer gained 91.32 points, or 0.32 per cent, to 28,314.40 in early trade.
On similar lines, the NSE Nifty went up 22.55 points, or 0.26 per cent, to 8,590.50.
Brokers said sustained buying by funds and retail investors on better-than-expected earnings by blue-chips and Asian stocks tracking gains in US markets following mixed economic data influenced sentiment.
Siemens jumped 3.98 per cent to Rs 1,555 after the company yesterday posted a 12-fold surge in stand-alone net profit at Rs 168.25 crore for the June quarter.
But Nestle India plunged 4.79 per cent to Rs 6,505 after food regulator FSSAI yesterday trashed all-clear reports from two of its empaneled labs to Maggi noodles, citing lapses.
Among other Asian indices, Japan’s Nikkei rose 0.78 per cent while Hong Kong’s Hang Seng gave up 0.49 per cent in early trade today.


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Montgomery County Police released surveillance images of three suspects they say made off with $10,000 worth of handbags on Wednesday at the Jimmy Choo store in Friendship Heights.
Police were called to the store (5481 Wisconsin Ave.) around noon on Wednesday after store employees said three black male suspects entered and quickly stole the handbags. Police said the suspects spent only 10 to 15 seconds in the store before leaving in a red, four-day sedan waiting outside on Wisconsin Avenue that was being driven by a fourth black male.
Police tonight released stills from surveillance video at a nearby department store they said shows three of the suspects before they snagged the bags at Jimmy Choo.
Police are asking anyone with information to contact detectives from the 2nd District at 301-657-0112 or the MCPD’s non-emergency line at 301-279-8000.
Crime Solvers recently upped its cash reward to $10,000 for tips that lead to an arrest or an indictment for a felony crime.


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Just got word that Saturday’s Maryland-Virginia game will land on ESPNU. It remains a 7 p.m. kickoff.
So that solves one of the few outstanding pieces of business heading into the week.
More to come later, including a mailbag item and nuggets from Ralph’s Sunday teleconference. But there will be another dead spot – it’s time to go car battery shopping after a narrow escape from the airport parking garage this morning.


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The accounting and consulting firm KPMG periodically surveys U.S. consumers about their overall purchasing patterns and sentiment. The firm then publishes the results in its “Consumer pulse survey” series.
KPMG’s latest pulse report is titled “Grocery 2022 forecast.” The company surveyed roughly 1,000 U.S. consumers from October 29, 2021, through November 7 on their expectations for 2022 grocery spend. The survey follows an uptick in pandemic-driven home cooking, which increased related purchases.
According to the survey findings, U.S. consumers generally expect their monthly grocery expenditures to trend upward in 2022.
Online grocery purchases soared in 2020 owing to the pandemic. That trend continued in 2021 — especially for younger consumers — but not to the 2020 level.
According to KPMG’s survey, 35% of respondents stated that they switched brands when their favorite grocery items were out of stock, highlighting the impact of stockouts on brands and retailers.
GWI, formerly GlobalWebIndex, a U.K.-based consumer research company, routinely surveys shoppers in 46 countries as to their purchasing habits.
In Q3 2021, a GWI survey found the percentage of worldwide internet users who buy groceries online varies by country — for example, 23.1% in the U.S., 31.7% in China, and 20.9% in Australia.


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Dow Jones: 31,730 (-0.33%)
S&P 500: 3,930 (-0.13%)
Nasdaq: 11,370 (+0.06%)
Russell 2000: 1,739 (+1.24%)
Bitcoin: $28,476 (-2.09%)
Ethereum: $1,924 (-8.41%)
Welcome to Extreme Fear… CNN’s Fear & Greed Index showed a reading of ‘6’ today, which is lower than it was in the beginning of the Covid-19 pandemic. Time to get greedy, Mr. Buffett?
Today was another wild session in the stock market, with stocks trying to rebound in the morning but failing yet again. At one point, the Nasdaq was up 1.6% — but we can see how that turned out…
Short squeezes back in play? Some heavily shorted stocks led the brief morning rally, with GameStop and AMC surging as much as 30% before retreating later in the day. On the flip side, Apple fell 2.7% (losing its crown as most valuable company) and Disney shares fell to a 2-year low of $104.
Economy: Also hurting the market was the fresh PPI inflation. Producer prices rose 11% YOY in April.
Crypto: Collapse and pain characterized the crypto market today, with BTC falling as low as $25,400 before recovering some gains throughout the day. At its low point, the entire crypto market lost $200 billion (more on that later).
Hungry Bull: If our newsletter brings you value, help us out by forwarding it to a friend! It’s the least you can do to offer condolences for their portfolio losses 🙂
Now, for the top news stories of the day…
Source: Heat Map & Sector Performance — Finviz.com
Cathie Wood Has a Lot to Say…
Cathie Wood has taking a lot of blows lately, and with ARKK down 76% from its all-time high, she has a lot of explaining to do to her investors…
ARK continues to take on water: ARKK has plunged over 61% year-to-date, but that hasn’t stopped the (former?) Queen of Investing from placing a new big bet. The fund recently added a position in General Motors. While Cathie has been vocally against legacy automakers in the past, she said, “I’m fascinated by how Mary Barra is really turning that ship around and very focused on cruise automation.”
Deep F’ing Value: In a tweet yesterday, Cathie said that ARK’s beaten-down stocks provide a massive value opportunity for prospective investors. She tweeted, “Stocks sold off after the tech/telecom bubble because the ‘dream’ would not become reality for 20-25 years. Genomic sequencing, adaptive robotics, energy storage, AI, and blockchain technology are realities, their stocks seemingly in deep value territory.”
“A bit of a bear market”: That’s what Cathie is dubbing the current investing climate, calling into question the Fed’s plan to increase rates by 50 basis points in June and July.
- “The markets are speaking pretty loudly right now and seem to be calling into question the Fed’s strategy.”
A reckoning for short sellers? Cathie said that “innovative” companies are seeing “incredible” shorting activity, helping drive stock prices lower. “If we are right, then shorts will be forced to cover and we are certainly looking forward to that time,” Wood said.
Crypto Market Loses $200 Billion in One Day…
The Terra UST stablecoin collapse is spreading fears of a broader crypto market contagion, and BTC investors are starting to feel the summer heat.
- Bitcoin fell as low as $25,400 this morning — a level it hasn’t seen since December 2020.
- Ethereum fell below $2,000 today.
Making $200B Disappear: Investors are running away from cryptocurrencies as fast as they can (even the blue-chip ones), as over $200 billion was erased from the crypto market in just one day amid the panic-induced selloff.
The Terra situation might be spreading… Fears of a broader contagion caused by Terra’s stablecoin collapse might be turning into reality. Tether, the first and largest stablecoin, depegged from the dollar today as investor sentiment around stablecoins continues to deteriorate.
- Today, UST traded as low as $0.33 as the Terra team tries to implement its plans to re-peg it to $1.
- LUNA fell as low as $0.01, crushing dreams as it was once worth $119… just last month.
Mark Cuban Weighs In: The Dallas Mavericks owner and outspoken entrepreneur shared his thoughts on Twitter as the crypto market went up in flames this week.
- “Crypto is going through the lull that the internet went through. After the initial surge of exciting apps, NFTs, DeFi, P2E, we saw the imitation phase as chains subsidized the movement of those apps to their chains (aka bandwidth and storage subsidies by startups in the 2000s),” Cuban tweeted.
- But he’s still heavily invested in BTC, ETH, and DOGE — as well as a number of NFT projects. He once told CNBC that 80% of his investments that aren’t on “Shark Tank” are crypto-related.
Zooming Out: The past 24 hours has featured one of crypto’s biggest market drops in recent history. Futures losses in ETH alone totaled over $1.2 billion for traders, and the entire crypto market fell 16% at one point today.
Apple Just Lost its Number 1 Spot in the Market
The World’s Number 1: a prestigious title only one person/thing can claim at a time. Like right now, how we’re claiming world’s number one most destroyed portfolio… Nonetheless, it feels good to be number one!
Just don’t ask Apple about number 1’s right now, though…
How ‘bout them apples… Officially, as of yesterday’s close, Apple is no longer the world’s most valuable company. With oil on the rise and tech on the decline, oil producer Saudi Aramco has now taken the lead with a market cap of $2.4 trillion. Apple stock is down almost 20% this year and now has a total market cap of $2.36 trillion.
This isn’t the first time that Apple has lost its #1 ranking to Saudi Aramco, as Apple was surpassed by it back in April 2020 as well. It’s likely the title will continue to change hands for some time.
Circumstantial: Saudi Aramco has a monopoly on extracting crude oil from Saudi Arabia, the country with the 2nd biggest oil reserves. The company has benefited greatly from the Russian invasion of Ukraine, while most companies have been devastated by it. WTI crude is currently trading above $107/barrel, while the Nasdaq is down 25% so far.
Famous Short-Seller is Going All-In Against Elon + Twitter
Elon’s offer to buy Twitter at $54.20 per share was approved by the company’s board, but it could still take months for the deal to close — and of course, there’s no guarantee that it will.
And investors are taking that “no guarantee” very seriously… TWTR stock has fallen 12% since reaching its high for 2022 back in April. Today, it closed at just $45.08, over 16.8% below the $54.20 promised by Mr. Musk.
- That reflects a market cap difference of around $9 billion.
“The market is having marginally less confidence that the deal will go through due to regulatory challenges,” Mark Mahaney, an analyst at Evercore ISI, told CNBC, adding that this is his “very quick interpretation” of the stock movement.
Hurting the Case: The FTC and SEC started an investigation into the timing of Elon Musk’s disclosure of his 9% Twitter stake. The FTC is also separately reviewing the acquisition itself.
- Before Elon’s deal was accepted by Twitter, he failed to disclose his 9% stake within the SEC’s required window of 10 days. The SEC mandates disclosures for anyone who takes an over-5% stake in a publicly traded company.
A Famous Short-Seller is Going All In: Hindenburg Research (the same team that outed the Nikola fraud) doesn’t think the Elon x Twitter deal will actually go through.
Elon faces a $1 billion break-up fee if he backs out of the deal, but Hindenburg concluded that would only be pocket-change to Musk if he changes his mind based on unfavorable Q1 results and inflated user numbers (not to mention that every tech stock is getting killed in the market).
- “We believe that if Elon Musk’s bid for Twitter disappeared tomorrow, Twitter’s equity would fall by 50% from current levels,” Hindenburg wrote, confirming that it holds an active short position against TWTR.
- Elon could get a better deal… If he’s able to negotiate a better deal by threatening a back-out, he could save himself billions. But the stock would react negatively in the short term.
What are the odds? Daniel Ives, an analyst at Wedbush Securities, thinks there’s a 90% chance that the deal with Elon closes. But that’s still far off from a 100% guarantee.
- “This is a soap opera,” he said. “It’s going to have many different chapters.”
EV Stocks Just Exploded (Up) — Here’s Why
After getting crushed all year long, EV startup stocks just popped in a wild, unexpected move as the rest of the market continued on its downward slide.
Here are the biggest stock moves in the industry today:
- Rivian (RIVN): +17.96%
- Lordstown Motors (RIDE): +47.02%
- Lucid (LCID): 13.20%
- Fisker (FSR): +12.61%
- Solid Power (SLDP): +10.17%
- Hyzon (HYZN): +13.80%
- Evgo (EVGO): +19.67%
What’s going on? A number of the companies above released quarterly reports in recent days that were better than Wall Street expected. But contributing most to the industry move today was Rivian and Lordstown Motors.
RIVN: Rivian released Q1 earnings after the closing bell on Wednesday, reporting a narrower-than-expected loss and confirming that both demand and production targets are still on track.
- Rivian now has over 90,000 pre-orders, with 10,000 new orders coming in even after March’s price hike.
- The company confirmed that it still plans to make 25,000 vehicles this year.
RIDE: Lordstown Motors announced yesterday that its $230 million deal to sell its Ohio plant to Foxconn finally went through, just days before the deal’s deadline.
- The sale is a much-needed cash lifeline for Lordstown and gives the company some breathing room as it develops the Endurance EV pickup truck and a low-cost EV for Fisker.
Keep in mind… These stocks, despite today’s move, are still down huge in 2022, and way off their 2021 highs. With that said, the Nasdaq is down 30% from its 2021 high, so the EV stocks are certainly not alone in their decline.
Missing from the List: Industry leader Tesla unfortunately didn’t share the same gains today, as it fell 0.82%. Ford Motor and General Motors fared even worse, falling 3% and 4.59%, respectively.
Squarespace (SQSP): +48.48% – Squarespace stock exploded today after the company beat on revenue and raised its forward guidance.
Carvana (CVNA): +24.63% – Carvana sparked a meme stock rally today after heavily shorted stocks poped, nearly 29% of CVNA shares available for trade were short sold.
Affirm (AFRM): +23.38% – Speculative fintech stocks like Affirm and UpStart surged today after digital financial service company MoneyLion beat on earnings and surged over 31%.
Dutch Bros (BROS): -26.97% – Dutch Bros stock crashed after the company slashed profit guidance due to rising commodity prices while announcing it would open 130 new stores.
General Motors (GM): -4.64% – Wells Fargo downgraded both GM and Ford today warnings that high EV production costs would hurt profits. Cathie Wood also bought the stock yesterday (ha ha ha).
United Airlines (UAL): -3.91% – U.S. airline bookings dropped 17% in April as flights got even more expensive.
Ford (F) – Wells Fargo downgraded shares of Ford from overweight to underweight on profitability concerns. “Therefore, we are concerned 2022 could be the peak profits, as Ford will be increasingly forced to absorb BEV (battery electric vehicle) losses to meet high 2026 U.S. regulatory hurdles. … We are downgrading Ford from OW to UW & lower our price target from $24 to $12.”
Beyond Meat (BYND) – Barclays downgraded shares of BYND from overweight to equal weight as margins remain below historical levels. “Given limited short-term visibility, mounting cost pressure and high cash burn, we downgrade BYND to EW and lower our price target to $25. 1Q results were disappointing and 2Q guidance was less upbeat than our previous estimates.”
Zoom (ZM) – Piper Sandler downgraded Zoom from overweight to neutral seeing limited upside. “With GARP names historically trading 15-20x FCF, we see limited risk-reward at these levels, and even if growth names return to market favor, we see stronger upside in other names.”
Quote of the Day: “Life can only be understood backwards; but it must be lived forwards.” – Søren Kierkegaard
Fun Fact: The total value of the world’s stock markets at the start of 2022 is $116.78 trillion. The world’s stock markets have grown 464% in 11 years, up from $25 trillion in 2009.


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Chevrolet announces it will leave the WTCC at the end of the 2012 season
|By Pablo Elizalde||Wednesday, July 4th 2012, 15:39 GMT|
Chevrolet will leave the World Touring Car Championship at the end of the 2012 season, the manufacturer said on Wednesday.
Chevrolet said the decision comes after a strategic review of its motorsport and marketing programmes.
The American car maker joined the WTCC in 2005, and its eight-year programme has resulted in two drivers' and constructors' championships in 2010 and 2011, including 59 race wins.
Frenchman Yvan Muller is currently leading the standings this season.
Chevrolet said it announced its decision mid-season in order to allow its race drivers and race partner RML to plan for the future.
Chevrolet is the only full manufacturer entry in this year's WTCC.
"We are extremely proud of the two double world titles we have won in the series and of the 59 victories over the last eight years," said Susan Docherty, President and Managing Director of Chevrolet Europe.
"The WTCC has been a powerful brand platform and showcase for Chevrolet in Europe and markets throughout the world. Chevrolet and RML now aim to go out on a high, by securing our third world title together."
Eric Neve, Chevrolet Motorsport Manager added: "Naturally, making this announcement comes with very mixed emotions. This has been an amazing journey from our first season through to the double championship wins with the Cruze.
"We are extremely proud of the success we have achieved, including giving GM its first FIA World Champion titles, and would like to thank and pay tribute to the WTCC, RML, our drivers, partners and fans. We are now all focused on the remainder of season and bringing home the third double championship titles for Chevrolet."


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- About Us
- Investment News
According to Yonhap News,
(SEJONG=Yonhap News) South Korea plans to utilize high-end technologies, provide full support and seek structural changes to help the country's manufacturing sector get on a sustainable growth track and gain competitiveness, the industry ministry said Wednesday.
Under the plan, the government will work to add 30,000 smart factories for small and medium-sized firms by 2022, along with 20 smart industrial zones, according to the Ministry of Trade, Industry and Energy.
Around 2,000 factories running on artificial intelligence technology will be also built by 2030, it added.
To foster new growth engines in the manufacturing industry, the country plans to invest 8.4 trillion won (US$7.13 billion) on the three major new growth engines -- non-memory chips, next-generation automobiles and biotechnology products -- up to 2030.
"We need to pursue an uncharted path in the manufacturing segment instead of following others," industry minister Sung Yun-mo said. The minister said the country could become the world's fourth-largest trader in the future. Its outbound shipments came to $605.5 billion in 2018, making it No. 6 in the world.
The plans came as manufacturing, a major pillar of the country's economy, faces a slump and rising competition from China and other countries. The sector accounted for 30 percent of the country's gross domestic product in 2017.
Companies, including foreign firms that invest locally instead of going overseas, will be provided with hefty incentives. Details of the incentives will be announced in the near future, according to the ministry.
South Korea will beef up its infrastructure for big data, artificial intelligence and the fifth-generation network to foster the growth of smart factories.
To promote convergence between the manufacturing and service industries -- creating innovations like caretaker robots or smart appliances -- the government will also ease related regulations to help companies promptly release such products in the market.
The government will additionally raise a fund of 5 trillion won to help companies restructure and innovate, the ministry said.
Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.
Source: Yonhap News (June 19, 2019)


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A ‘Hungry-Hungry-Hippo’ Slated to Help New Belgium Reduce Carbon Emissions
Colorado craft brewers could see a real "win-win" when it comes to creating those tasty beers, with this new carbon-reducing technology.
Coloradans love their craft beers, and many, many Coloradans are concerned about climate change; a new way of creating the steam that goes into making craft beer could put turn some frowns upside down.
When it comes to craft beers in Colorado, I'm usually the first to say, "I'm more on the consumption side of things," but this new project happening at CSU has caught my eye when it comes to the making of craft beer. Plus, there's a hippo; so this is great.
BRAND-NEW TECHNOLOGY TO BE USED AT NEW BELGIUM IN FORT COLLINS
According to Colorado State University, students at the Walter Scott Jr. College of Engineering at the CSU Campus in Fort Collins are working on the very first of its kind boiler that will be used at New Belgium Brewing. College kids working on a beer project, that must be fun.
This all-new boiler, that uses an electric heat pump, as opposed to burning natural gas, will produce about one-third of New Belgium's needed thermal energy to make their craft beers.
This "decarbonizing" of the steam process could lead to a 7% reduction of gas emissions across the world if utilized by beer, food, paper producers, and other industries, according to Colorado State.
WHERE DOES THE HIPPO COME IN?
When developing the boiler kettle with CAD, the team joked that it kind of looked like a baby hippopotamus, and that just carried over into the actual development of the boiler. So, when it was complete, they "officially" labeled it, "Hungry Hungry [Hippo.]"
LOOK: Best Beers From Every State
Gallery Credit: Angela Underwood
Colorado's 25 Highest Rated Beers According to Beer Advocate
Gallery Credit: Waylon Jordan


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Jaguar Land Rover (JLR) has announced its strongest half-year sales performance yet.
It says the 240,372 vehicles bought all over the world is more than the first half of any year in its history and represents a 14% increase on its sales between January and the end of June 2013.
What's more the half-year total is greater than the company's sales in all 12 months of 2010.
Land Rovers made up the vast majority of the total, 196,785 (up 14%), while the firm sold 43,587 Jaguar cars (up 16%).
The firm sold 17% more vehicles last month compared to June 2013, close to 40,000.
JLR group sales operations director Andy Goss said the sales were "very encouraging".
JLR rivals are also faring well. Bentley's sales rose 23% between January and the end of June, while BMW-owned Rolls-Royce also revealed higher half-year sales figures than ever before.
Copyright Press Association 2014


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Sainsbury 'targeted by Permira'
VENTURE capital firm Permira is plotting a bid of more than £5bn for Britain's third-biggest food retailer J Sainsbury, the Sunday Times reported.
Permira is in talks with other financial backers to support the offer and is also seeking a management team to lead the bid, said the report. Permira's bid planning is being led by managing partner Damon Buffini, it added.
Earlier this month, a source familiar with the matter told Reuters that Sainsbury was not in takeover talks.
However, there has been heavy trading in Sainsbury shares this month amid bid rumours surrounding the firm, which has lost market share to larger rivals such as Tesco. Sainsbury shares closed down 1% at 262 3/4p on Friday.
A Permira spokeswoman declined to comment, while officials at Sainsbury could not be immediately reached for comment.
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Like so many motor sport fans, we were saddened to learn of the recent passing of the much loved television motor racing commentator Murray Walker.
Duplicate Shell posters from the Shell Heritage Art Collection will be sold in a charity auction this April, to raise funds for the National Motor Museum Trust
Palace House will be home to more than 250 incredible sculptures this summer, with a brand new exhibition showcasing the work of over 50 sculptors.
Beaulieu will be starting its 2021 events season with brand new event Simply Electric on Sunday 23rd May.
From Monday 29 March, the Beaulieu visitor attraction will be welcoming local visitors back to its beautiful outdoor spaces.
Beaulieu is excited to be hosting a brand new outdoor spring gardening event, with the BBC Gardeners’ World Spring Fair, partnered by Hillier, taking place in the grounds of Palace House and the National Motor Museum from 28 - 30 May 2021.
We are pleased to announce that we will be reopening the Beaulieu attraction grounds and gardens from Monday 29 March.
Beaulieu is excited to announce its calendar of events for 2021, with three brand new shows joining familiar favourites for a line-up of exciting, enjoyable shows to look forward to in the grounds of the National Motor Museum.
Further to the Government’s latest announcement, Beaulieu will be closing its doors once more from 5pm on Christmas Eve.
Charles Dickens’ timeless classic A Christmas Carol is coming to Beaulieu this festive season, on selected dates from December 18th to January 3rd, with a very special Covid-safe outdoor promenade performance.
Items 11 to 20 of 333 total


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By Joanne Chiu Stock Market Quotes, Business News, Financial News from http://commodity-market-news.com
China Resources Cement Holdings Ltd. (1313.HK) said Friday it expects a significant drop in first-half net profit from a year earlier, due to lower selling prices of cement products in China.
The Chinese cement producer didn’t give an exact forecast.
Write to Joanne Chiu at joanne.chiu[a]wsj.com
Copyright (c) 2016 Dow Jones & Company, Inc.


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Due to “difficult economic conditions” including high worldwide inflation rates and unfavorable currency trends, Sony has increased the price of the PlayStation 5 in the majority of important regions. This is just the most recent in a string of problems plaguing the current-generation gaming system.
The business stated in a blog post that the increased rates, which typically range between $30 and $80 extra, are effective immediately in Europe, the United Kingdom, China, Australia, Mexico, and Canada. According to a Japanese corporation, the updated pricing will take effect in Japan on September 15.
According to the corporation, the price increase does not apply to the United States.”While this price hike is necessary given the present state of the world economy and its effects on SIE’s company, addressing the PS5 supply issue remains our top goal so that we may continue to grow our business,”
Sony Interactive Entertainment is raising the price of the PlayStation 5 in a number of areas, blaming poor currency trends and global economic difficulties as the main causes. The decision to raise the recommended retail price (RRP) for the PS5 was painful, but it was required by worldwide inflation, according to SIE CEO Jim Ryan in a blog post. All of Europe, the United Kingdom, the Middle East, Africa, Asia, and portions of North America are among the regions impacted by the price hike. However, the United States is untouched.
The updated costs for both PS5 versions throughout the impacted territories are broken down below. Only in Japan will the price hike be in effect starting on September 15.
Jim Ryan finished the blog post by stating that, despite the price hike, Sony’s primary goal is continuing strengthening the PS5 production’s supply chain to maintain the console’s availability across all regions. This week, Sony unveiled the DualSense Edge, a new high-end controller, along with the news that the PSVR 2 will debut in early 2023.
According to one expert, the price increase that Sony made for the PlayStation 5 in Europe and other regions of the world would have “little” effects on console sales. The expert said that it provides Microsoft “some advantage” in the competition for console sales. Sony undoubtedly had to make a “hard decision,” according to Piers Harding-Rolls of Ampere Analysis.
Game Play And More
Microsoft has stated that it won’t be upping Xbox pricing. Harding-Rolls anticipated that Microsoft would use the higher PS5 pricing as an opportunity to highlight the benefits of its $300 Xbox Series S, Game Pass, and All Access service before the Christmas season. As a result, Microsoft gains from this action, according to Harding-Rolls.
In spite of increased costs, Nintendo has stated that it would not raise the price of the Switch. The price hike for the PS5 is “needed given the present global economic situation and its impact on SIE’s business,” according to Jim Ryan, head of PlayStation. Ryan continued by saying that Sony is still working to increase PS5 availability globally in order to assist it to reach its sales goals.
There has been a global shortage of the Sony PlayStation 5 gaming consoles since they first debuted on sale in November 2020, and any new stock that is added to merchant networks quickly sells out. Sony appears to be steadily meeting demand, or consumer interest in the PlayStation 5 is dwindling. The fact that the console hasn’t been selling out as quickly recently and is still available in some areas serves as a clue.
Playstation 5-Chan’s Childhood Photo pic.twitter.com/OJjGkUk2ic
— Merryweather Media (@Merryweatherey) August 26, 2022
The publication’s staff’s observations clearly demonstrate this. The PlayStation 5 is currently available in various merchants’ online stores, thanks to the edge, which has long attracted notice this fact. For instance, it would take 19 hours to buy a $550 PlayStation 5 combo with Horizon Forbidden West. In the past, the console shipments that went on sale quickly ran out of stock.
The insider claims that a wider trend is at play when it comes to the PlayStation 5’s greater accessibility in some areas. For the Xbox Series X and Nintendo Switch, OLED shipments used to be improved, and recently, it has gotten simpler for customers to get lots of NVIDIA and AMD graphics cards. It appears that the supply situation for the PlayStation 5 will shortly return to normal.
Since the Sony PlayStation 5 game consoles went on sale in November 2020, there has been a global shortage of these products, and any new lots that have appeared in merchant networks have quickly sold out. Consumer interest in the PlayStation 5 appears to be waning, or Sony appears to be gradually matching demand. This is demonstrated by the fact that the console hasn’t recently sold out as quickly and is still available in some areas.
This is in accordance with the employees of The Verge’s observations, who called attention to the PlayStation 5’s extended availability in various merchants’ online storefronts. For instance, it would take 19 hours to buy a $550 PlayStation 5 combo with Horizon Forbidden West. Previously, the console’s consignments that went on sale sold out significantly more quickly.
The insider claims that a wider trend is at play when it comes to the PlayStation 5’s greater accessibility in some areas. The Xbox Series X and Nintendo Switch OLED shipments earlier in the year marked advancements, and more recently, it has gotten simpler for customers to purchase various NVIDIA and AMD graphics cards. It appears that the PlayStation 5 supply issue will shortly return to normal.


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Contempo Media, publisher of men's fashion mag Sharp
, has added to its fashion portfolio and acquired S/Style & Fashion
and M/Men of Style
magazines from GD&C Media.
Geoffrey Dawe, GD&C owner, joins the Contempo management team as publisher of S/Style & Fashion
and M/Men of Style
, and will also serve as managing director of integrated publishing. GD&C will remain an independent operation owned by Dawe, with Heidi Ferris and Catherine Bridgman taking over its day to day management. It will continue to publish its other publications, including
S joins Sharp under Contempo's fashion umbrella
Rita Silvan, a founding member and former editor of Elle Canada
, has been brought on board as S/Style & Fashion
's editor-in-chief. "Rita is one of the most respected editors in female fashion," Dawe said. "And she brings with her some of the best contributors in the world." Former editor Christopher Loudon is staying on board as upfront editor of the mag.
Contempo will offer advertisers a one-stop integrated media buy for multi-platform marketing, targeting the magazines' affluent readership. The company's clients include Audi Canada/U.S.A., Bell Media and Volkswagen Canada. S/Style
's fall issue contained ads from Diesel, Chanel, Marc Jacobs and other major fashion and luxury brands.
The first issue under Contempo ownership will drop in April. Previously published twice a year, S/Syle
will put out three editions in 2013 and go quarterly in 2014. Its circulation is 105,000, via newsstand, select newspapers and retail partners.
Its sibling mag, M/Men of Style
, launched last year as an event publication; the inaugural issue was tied to the Canadian premiere of James Bond flick Skyfall
. Dawe said M/Men
will release two issues in 2013. Moving forward, the mag's publication schedule will stay based on special events, but distribution and editorial will become more Toronto-focused to differentiate from Sharp
, which aims Canada-wide.
[*This story has been updated]


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Those of you who are already familiar with cannabidiol (CBD) know that it’s helpful in reducing anxiety. But did you know it may also help curb addiction relapse? There’s mounting proof of this principle when CBD is tested on animals. Last month alone there were two studies published on drug-addicted animals and the effects of […]
The post New Studies Suggest Cannabis CBD Compound Could Prevent Drug Addiction Relapse In People appeared first on Big Buds Magazine.
This is just a teaser.. Check out the full article here!


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Having given Qik and Flixwagon a spin for our live mobile coverage of red carpets and major launches, last weekend we gave competitor Kyte a try. En route to the YouTube Live event, I stopped by Om’s to borrow a Nokia N95, loaded it up with Kyte, and then simultaneously tried to product test and cover the YouTube circus.
It mostly worked, though the first hour or so was dicey. First of all, there’s not even a link to create a Kyte account on Kyte.com. You have to go to Kyte.tv. Then, I couldn’t get good enough 3G coverage to send video, much less livestream, and I didn’t realize all the hoops I’d have to jump through to be authenticated on YouTube’s Wi-Fi network. But eventually it came together, in time for me to stream a few cheesy backstage walkthroughs, some on-the-fly interviews, and some blurry shots of the show from my excellent seat.
I do like Kyte’s widget interface, where the most recent clip rises to the fore, but it’s not without its bugs; one clip ended up appearing four times in my stream, and I couldn’t default the embed to not autoplay. Furthermore, there’s no way for me to leave that embed as it is, with just the clips from YouTube Live, unless I never stream from that Kyte account again.
So after the fairly successful outing at YouTube Live, I stopped by Kyte this afternoon, where they are preparing to launch branded mobile web pages as well as the incorporation of Google AdSense for Video tomorrow. Kyte CMO Gannon Hall told me that my difficulty getting between Kyte.com and Kyte.tv is actually a matter of design; the company is deemphasizing its consumer product. In fact, he said, despite the fact that Kyte had encouraged me to try their product for the event, I was actually breaking their terms of service by showing the widget on a commercial page.
So who does Kyte want as users? Publishers like Huffington Post, musicians like 50 Cent (both are active users). They would take me too, but I’d have to pay — starting at around $50 per month for basic service and $1,000 for high-level service (actual pricing plans will be set in January, said Hall). Kyte also plans to improve its content management tools so customers can get the level of service they’d expect with a Brightcove-like video platform. Which, if they’re going to ask you to pay, is only fair.
My hands-on test was informative — I’d say of Kyte, Qik, and Flixwagon, Qik has the easiest video publishing experience and the least hiccups encountered in my use. But I could see the value in paying to upgrade to a more stable and full-featured service.


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Airtel takes 3.75G to Uganda
INTERNET| Aug. 13, 2012, 9:48 a.m.
By Omondi Julius Odera, Kampala, Uganda
Airtel has launched its 3.75G internet service in Uganda. Airtel subscribers can now enjoy high speed internet browsing, downloads, video calling and other data services at very affordable rates.
Airtel says the launch of the 3.75G platform promises profound changes in how customers in the country experience the web on internet-enabled devices. The improved technology will enhance multimedia functionality, high speed mobile broadband and internet access. With over 325 3G sites in the country Airtel boasts the best coverage in the industry with its closest rival having 285 3G sites countrywide.
Levy Nyakundi, Airtel Uganda’s Marketing manager, noted:, “This is in line with our goal of becoming Africa’s most loved brand; We are going to ensure consistent experience of fastest internet countrywide not only in Kampala because we are also backed by some of the biggest names in blue chip companies like IBM, Nokia and Siemens.”
He added: “Fast has become an attitude, especially in business. If you are not fast, you will not survive.”
The high-speed internet technology promises speeds of 21 mbps. Nyakundi added: “It is the fastest 3G available and will be enormously beneficial for a variety of users, which include large corporates, small businesses and the youth.”
“3G technology will give our customers the opportunity to interact with data in a different way,” explained VG Somasekhar, MD Airtel Uganda.
“This is why Airtel doesn’t see 3G as a product but a platform that enables the community to expand its social and commercial horizons, alongside the rest of the world.” The launch of 3.75 G is just one of the ways Airtel Uganda delivers on its promise of providing its subscribers with quality and innovative products and services noted Somasekhar. “Our internet is so fast it will blow you away," he remarked.
“Uganda is soon celebrating 50 years of independence and Airtel has put it on the global map with the 3.75G,” noted Somasekhar. He also added that since the telco’s entry into the telecom industry in the country two years ago, they promised to invest more than USD100 million and with the introduction of 3.75G, marks the investment of over USD130 million.
The Minister of ICT, Ruhakana Rugunda, who was also present during the launch, said: “There are unlimited possibilities that the new technology is going to open for the business community.”
“This initiative touches the core reason for our existence as a ministry of ICT; to ensure that Ugandans experience the best technology the world has to offer especially the business community that is usually affected by unnecessary bureaucracy,” he said.
He added: “The advancement in technology is expected to lead to corresponding percentage increment in economic velocity. This is because technology enables fast communication and transactions at a faster rate than before. Hence it opens up unlimited number of doors to the numerous business opportunities in the World over.”
With this kind of development, the minister challenged stakeholders to ensure that everyone was able to access it.
“During the drafting of Human rights Charter, internet was not yet known and could not be entailed in the charter; Therefore I implore internet activists to fight to ensure that it is everyone’s right to access affordable internet and I commend Airtel for taking the lead towards this direction," he concluded.
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Dairy prices have continued their recent downhill run, but the forecast milk price isn't under threat.
Last week’s Global Dairy Trade (GDT) auction saw the price index rise 0.1%, a slightly better outcome than expected by markets. This followed a 1% rise in the previous auction. Whole milk powder price rose 2.1% with increased demand from China.
At last week’s auction, whole milk powder fetched US$2,761/MT – still 5% below the year’s peak in January and 9% below the average of the past three years ($3,040).
While analysts believe these are early days, the positive GDT result signals that the worst may be over for some key markets.
However, Northern Hemisphere production and a high NZ dollar could affect the milk payout for NZ farmers.
Westpac’s senior market strategist Imre Speizer says it’s hard to infer too much from just one auction.
He says the result is consistent with the rebound in economic activity seen in many countries since the contraction in April.
“Activity levels remain extremely weak, but possibly past the worst,” he says.
Westpac is forecasting a 2020-21 farmgate milk price of $6.30/kgMS.
Speizer notes that the futures market is broadly in agreement, pricing it at $6.20/kgMS currently, slightly more upbeat than the $6.13 two weeks ago and $5.93/kgMS at the end of April.
Last month Fonterra announced an opening forecast range of $5.40-$6.90/kgMS.
ASB is more optimistic and has an opening forecast of $6.50/kgMS. Senior economist Chris Tennent-Brown notes that this is towards the top end of Fonterra’s range.
While any lift in whole milk powder prices is encouraging, over recent weeks the stronger NZ dollar is an offsetting negative, he says.
It was noteworthy that North Asian share (a proxy for China demand) rebounded at last week’s auction to a level slightly above average for the past 12 months.
RaboResearch dairy analyst Tom Bailey notes that conditions in China generally continue to improve economically, which typically leads to increased demand for dairy.
However, Rabobank estimates that significant domestic stockpiles of milk powder remain in China due to spray drying in February, resulting from supply chain constraints in processing fresh dairy products at the time.
Bailey says these stocks will likely pose a demand risk for imported powders later in the year.
He also noted that demand for whole milk powder was up as markets reopen and supply chains are refilled.
However, while distributors might be refilling their pipelines, true consumer-level demand remains opaque around the globe.


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Turnover at the company, based north of Preston, Lancashire, was £22.54m, up from £21.92m. Operating profit was £1.88m, up from £1.67m.
Garden centre turnover was up 4.4 per cent to £14.26m.
Landscapes turnover was up eight per cent and profit 20 per cent.
Northern Liners nurseries are part-sold.
Garden Centre Plants turnover fell £227,000 as "renewed focus began to take effect".
Future developments centre around the Flower Bowl development, which includes covered crazy golf, a curling rink, 10 pin bowling, cinema screens, fish and chips and service restaurant. Planning permission is being sought to revisions to the plan. The £8m project could begin in 2017.


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The space plane, designed for space tourism, crashed in California's Mojave Desert. One fatality and one major injury have been confirmed by Virgin Galactic.
Over the past two weeks, sales of Microsoft's video game console have surpassed Sony's PlayStation 4 for the first time this year.
The company already cut the price tag of its not-yet-a-year-old game console by $100 when it removed the Kinect camera accessory. Now, it's nipping off another $50 as the holiday-shopping season kicks in.
One feature in a November update is a new tab showing most-watched TV programs, including those trending on Twitter.
The latest update offers a revamped Party app, a new Friends section, and other surprises. But you need to be a member of the Xbox Live preview program to grab it.
The console will bring with it more than 70 games, including exclusive content, free-to-play games, and "blockbuster" titles, says Microsoft.
What Amazon plans to spend on all its shows in one quarter is what Netflix spent on two seasons of "House of Cards."
Preliminary data on Internet congestion in the US indicates there isn't much of it -- unless Netflix is part of the equation.
Microsoft dedicated its Xbox One press conference to assuring players that it's not the company that trotted out a controversial console last year. This time, games come first.
Or, if you don't want to wait, you can buy this new model now for $149. Is it worth it?


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TAMPA, FL -- FDLE investigators nabbed six Bay area clerks and shop owners in a statewide sting into food stamp fraud.
In what the Florida Department of Law Enforcement called "Operation Cash Exchange", investigators went undercover to stores across the state, posing as customers on public assistance.
They say they caught the employees on video accepting an electronic benefit transfer card, basically a 21st century version of the food stamp, for items like cigarettes and beer. In some instances they even traded the cards for cash, according to the FDLE.
But you aren't allowed to use food stamps for any of those things, and a total of 21 clerks across the state were arrested in this sting.
"They allowed the card to be used to buy unauthorized items, such as alcohol, cigarettes, t-shirts, sunglasses and in some cases lottery tickets," said special agent Jim Madden of FDLE.
Wayne Stumbo, Tabitha Wood, Curtis Walker, Teoman Markal, Tracy Burr and Mohammad Abukhder are the local clerks who were charged with food stamp fraud.
The first three work at Big Daddy's Quick E Drive By in Tampa, which is owned by Walker. Markal works at Checkers Mini Mart in Port Richey, Burr is a clerk at Hawkins and Bell's Grocery in Tampa, while Abukhder works at MZ Food Store in Tampa.
The six allegedly let people charge almost half a million dollars in illegal items on their EBT cards. They also gave out about $10,000 in cash for other cards, and while that may not seem like much, Madsen adds, "Keep in mind that was a few visits over a few weeks.
Madden says across Florida about $3.5 million worth of taxpayer money was laundered with the scam, and that the proof is in their video.
"No we ain't guilty, what you talking about man?" said one of the men who said they own Hawkins and Bells. They weren't among those charged.
At MZ and Big Daddy's, employees also declined to comment about the arrests.
Walker, who owns Big Daddy's, was found dead behind his store hours after he got of jail. Detectives don't believe foul play is involved.
Copyright 2010 The E.W. Scripps Co. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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While most other phones have gotten the Denim update, especially the ones on T-Mobile USA and Verizon, AT&T still has yet to do release it on the original Lumia 8 devices like the 520, 820, and most importantly my 920. Android device fragmentation is a problem Android users know all too well. Apple has the best updates. 5 year old iPhone 4S is still getting the same updates at the same time as the newest 6S.
Don't forget about us AT&T wireless.
Thursday, January 21, 2016
Friday, October 23, 2015
Tuesday, September 1, 2015
Wednesday, July 1, 2015
Sunday, June 21, 2015
Tuesday, April 28, 2015
Been 2 months since the 1520 got the Lumia Denim update and still nothing for us 520, 820. 920. 925 users at AT&T. All Verizon phones and Rogers phones are running Denim. Seriously AT&T, when you say soon, mean soon. Don't just keep saying "soon".


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Unofficial Blackberry DTEK60 goes live for preorders in Canada
The third BlackBerry smartphone to officially run on the Android platform – the BB DTEK60 – is yet to be officially announced by the company themselves but you can get yourself a unit on pre-order right now.
Since we have not seen an official announcement, we do not know what price it is supposed to be sold for normally but from this online retailer who has managed to get their hands on the units of this smartphone, it is being offered for a decent price that might as well be the launch tag.
From NCIX, you can now pre-order for a unit of the DTEK60 for $699.99 CAD which is equivalent to $535 and at this price, there is no exchange plan possible for the smartphone and as well, you won’t be able to get a refund. Other information that you would need to know is that it comes unlocked and can therefore be used on more than one GSM network.
From what NCIX has stated, the smartphone would be available for shipping from the 11th of October but we think that this can change anytime too. One of the most interesting things here is that you won’t be asked to pay anything till the ETA has been determined.
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Kodak on Monday announced that its photography-led smartphone EKTRA is now available in India on Flipkart for Rs 19,990.
To be available from July 18, the EKTRA smartphone is already available in the US and Europe and is tuned for the best-image quality and media management.
"The KODAK EKTRA Smartphone is all about capturing the moment, telling a story and revelling the experience of photography. Our latest features and performance adjustments include RAW support, all of which will help drive our customers' creativity," Peter Stephens, CEO Bullitt Group, a Kodak licensee for mobile devices, said in a statement.
The smartphone has 21MP fast-focus camera sensor with f2.0 aperture and 13MP front-facing camera with Phase Detection Auto Focus (PDAF) and f2.2 aperture.
"Kodak carries a strong brand legacy in India, and with EKTRA, we aim to enhance the skills and experience of Indian photo-enthusiasts. The KODAK EKTRA Smartphone is all about capturing the moment, telling a story, and revealing the experience of photography. Our latest features and performance adjustments include RAW support, all of which will help drive our customers' creativity," Peter added.
The custom-built camera app is controlled by an intuitive haptic touch, SLR-style 'Scene Selection Dial' where adjustments are made in real time via a range of settings, including HDR, landscape, portrait, macro, sport, night-time and panorama.
The camera blends high-quality low-light photography, utilising "ARCSOFT Night Shot" technology combined with a Kodak-certified lens coating that enables more light to reach the sensor and reduces the ISO noise.
The device runs on Helio X20 Deca core processor that powers the Android Marshmallow OS.
The handset also comes bundled with the Super 8 video recording app capable of reproducing Kodak's Super 8 film stocks. The smartphone comes with editing software Snapseed and integration for printing professional quality images.
Additionally, Super Plastronics, the company that has licensed Kodak for audio devices, also announced the launch of a Bluetooth speaker called Kodak TV Speaker.
The speaker comes with Bluetooth 4.0 + EDR connectivity and a range of up to 10 meters. The company claims a battery life of over five hours on the 10W speaker. And this comes at a price of Rs 3290.
With IANS Inputs


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Summer Game Fest: The Xbox Games Showcase Officially Has A Date
We’ve been long awaiting a date, and it’s finally here. The Xbox Games Showcase will be taking place on July 23rd, at Noon Eastern.
Personally, I love that this is just straight up called “XBOX GAMES SHOWCASE”. No fluff, no frills, just games. They just said, wanna roast us for months on end about the lack of “real gameplay” in the first showcase? Fine. Watch this.
We already know that this is going to be accompanied by tons of demos, so Microsoft clearly is not bullshitting around with this showcase whatsoever. LFG.
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This time, Heita Kawakatsu, the Oxford-grad governor of Shizuoka Prefecture, is using young Shizuoka people to push his radioactive tea to New Yorkers instead of going there himself.
From Yomiuri Shinbun (12/13/2011):
Wanting to completely dispel the baseless rumors after the Fukushima I Nuke Plant accident, representatives from Shizuoka Prefecture, the largest producer of "ara-cha" (bulk tea) in Japan, served "fukamushi-cha" [tea made by steaming the leaves longer) at a Japanese confectionery store in the center of New York City on December 12 as part of the PR event to appeal safety.
After the nuclear accident, some of the teas produced in Shizuoka were found with radioactive cesium exceeding the provisional safety limit set by the national government. However, the event was to educate [the US] consumers that there would be no effect on health if they drank teas that were being sold in the marketplace.
Arianna Solomon, 17-year-old high school student, enjoyed the Shizuoka tea. "My grandmother drinks Japanese tea every day. I like it too."
"Some" Shizuoka teas were indeed found with radioactive materials exceeding the Japanese provisional safety limit (500 becquerels/kg). What the newspaper fails to mention is that radioactive cesium was found in almost all the Shizuoka teas tested.
The US peacetime limit for radioactive cesium in water and drinks is 3.0 picocuries, or 0.1 becquerel/liter. The same for food is 170 becquerels/kg.
The US FDA has the Derived Intervension Level (DIL) which is 1200 becquerels/kg, and the level of concern at 370 becquerels/kg to govern the domestic food in interstate commerce and the imported food as a non-enforceable "recommendation". But this is NOT a nuclear emergency for the United States, in which the citizens would suffer without food and drinks if the government did not raise the limits for radioactive materials in food and drinks in interstate commerce or from import.
Scanning the official webpage of Shizuoka Prefecture where the results of tea testing are published, you'll notice that testing seems to have been one bag at one tea plantation in one city. We know how well the similar testing of rice in Fukushima Prefecture has turned out to be.
Number of teas that tested with radioactive cesium: all of 102 samples tested
Number of teas that tested between 100 and 370 becquerels/kg): 46
Number of teas that tested above the "level of concern"(370 becquerels/kg) in the US: 21
Number of teas that tested above the provisional safety limit of Japan: 7
Number of teas that tested above the DIL in the US: 0
Shizuoka's webpage has a limited number of tests on brewed tea, using 10 grams of dried tea leaves and brewing for 60 seconds with 430 milliliters of water at 90 degrees Celsius. The results are between 1.6 and 14 becquerels/kg of radioactive cesium in brewed tea.
I drink 3, 4 cups of green tea every day. That's about 500 milliliters per day. If I were drinking the Shizuoka tea that had 14 becquerels/kg of cesium after it was brewed, I would ingest 14 becquerels of radioactive cesium every two days. In one year, I would have 2555 becquerels of radioactive cesium total, more than half of which would be retained in the body, looking at the ICRP chart below (from ICRP Publication 111).
I think I'll stay away from teas grown in Shizuoka, or anywhere in Kanto region, but it's my personal decision based on the information that I have digested since March 11.


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Ampere Vehicles launches electric scooter Reo Elite
Ampere Vehicles, the e-mobility arm of Greaves Cotton, on Monday launched its electric scooter Reo Elite, priced at ₹45,099 (ex-showroom Bengaluru).
It has been launched with advanced features such as LED digital dashboard, dual shock absorbers and USB charging point, among others.
The bookings for the 48V-20Ah battery scooter have began from Monday at an initial amount of ₹1,999 through the Ampere Vehicles' website and dealerships in Bengaluru, the Coimbatore-based auto firm said in a release.
"Through Ampere, we are focused on building a portfolio of made-in-India and clean mobility solutions. With extensive Greaves retail network and exclusive Ampere showrooms, we are well on-course to making our electric vehicles available across the country," said Nagesh Basavanhalli, Managing Director and Chief Executive Officer, Greaves Cotton Ltd.
Also check these Bikes
With successes in electric two-wheeler segment, Greaves has metamorphosed into complete auto ecosystem player with comprehensive offering of products, services and aftermarket support that straddle both ICE and EV segments, he said.
All customers booking the new vehicle will get original helmets for free as part of the safety promotion drive, it said.
"We are constantly transforming our products with technological innovations.Reo Elite electric scooter will be a smart solution to affordable commute for the customers. We are committed to designing and developing further range of trendy electric scooters," said P Sanjeev, Chief Operating officer, Ampere Vehicles.


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David Foster recently announced in an interview with Calgary Herald that he will be heading into the studio with Katharine McPhee soon to record some Christmas music!
“I haven’t been in a studio for six years and will only go back for special reasons. Kat and I will go into the studio to record six Christmas songs,” David revealed.
He also teased that more holiday dates will be added to the Kat and Dave Show Tour. “We want to do a holiday tour and we need to have material to promote it.”
Stay tuned for more details on the Christmas EP and holiday tour dates!


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The Council on Aging of St. Tammany (COAST) will reopen some centers Thursday to provide hot meals for seniors.
Nutrition director Len Beech said COAST lost several vans in Slidell and the senior center there is out of commission. But home delivery meals are up and running in Slidell, Pearl River, Folsom and Covignton.
And starting Thursday, from 9 a.m. to 1 p.m., seniors 60 and older can get a hot meal at the senior centers in Lacombe, Folsom and Covington.
"Hopefully we will get to open some others soon, " Beech said. For more information, call the main office at 892-0377 or Beech at 966-4817.


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Back in 2015, Microsoft surprised everyone when they revealed the Surface Book laptop with a detachable display that functions as a tablet. But now it seems that Microsoft would not bring the tablet feature to its Surface Book 2.
According to Forbes, Microsoft’s Surface Book 2 will likely ditch the 2-in-1 design and adopt the traditional laptop design. It will likely feature a 13.5-inch display and chassis made of magnesium-aluminum alloy. The product will feature a starting price lower than that of its predecessors. It is expected to be priced at around $1,000, which is much lower than Microsoft’s current Surface Book model that ranges from $1,499-3,199.
Lowering the price will probably boost the demand for Surface Book 2. Microsoft could see up to 1.5 million units shipped in 2017, which is a big jump from their current annual shipments.
As reported by The Verge, Microsoft has shipped 500,000 Surface Book devices last year. The laptop had a limited demand due to the detachable design that also conflicted with the company’s Surface Pro line.
Microsoft has done a good job of refreshing its Surface Book product line. In October 2016, they added a performance base option that is designed to improve battery life and offer better graphics support. On top of that, they made the hinge gap a little smaller.
According to Tech Radar, if the rumors about the new Microsoft Surface Book 2 are true, this would be a huge reversal on the best and most unique aspect of the original Surface Book. The Surface Book 2 is expected to be announced within the next month or so. The original report comes from DigiTimes, and they don’t have a perfect track record when it comes to early reports. However, they were the first that broke the news of the Surface Studio, which is safe to assume that the news could actually be true.


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Ottawa, ON - November 29, 2021
Farm Boy has issued a recall on Farm Boy Lemon Wafer Rolls due to the possible presence of hazelnuts, with best before dates of December 31st, 2022. The product, sold in our Grocery Department, has been removed from our stores. Consumers should return the product for a refund.
|Brand||Product||Size||UPC||Best Before date / Lot Number|
|Grocery||Farm Boy™ Lemon Wafer Rolls||150 g||0080891202053||December 31, 2022|
There have been no reported reactions associated with the consumption of this product.


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VMware, Inc. (NYSE: VMW), an innovator in enterprise software, has opened the content catalog for its first-ever completely digital VMworld, which will be held from September 29 to October 1, 2020, the company said.
Most of the VMworld 2020 content is free to attendees.
This year´s theme, “Possible Together,” will enable participants to immerse themselves in VMworld like never before–as a completely digital experience. VMworld 2020 will feature general session keynotes from VMware executives, industry-leading customers and guest speakers, as well as hundreds of sessions, customer case studies, and VMware innovations.
The event will also go deeper into key areas such as app modernization, multi-cloud, virtual cloud network, digital workspace and telco cloud — as well as on emerging trends and the future of technology.
Attendees, including IT technical professionals and business decision makers, ecosystem partners and industry leaders, will find the knowledge, peer network, technologies and conversations they need to grow their careers and enable their companies´ digital transformation.
VMware software powers the world´s complex digital infrastructure. The company´s cloud, app modernization, networking, security, and digital workspace offerings help customers deliver any application on any cloud across any device. Headquartered in Palo Alto, California, VMware is committed to being a force for good, from its breakthrough technology innovations to its global impact. For more information, visit https://www.vmware.com/company.html.


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MinersINC unveiled India’s first blockchain powered film VOD platform ‘myNK’ at the Cannes Film Festival on Saturday, May 18, 2019. myNK comprises of a curated library currently consisting of 200+ films and growing – most of which have never before been released into India. Content includes critically acclaimed and award-winning films from festivals including Cannes, Tribeca, Sundance and Berlinale for Indian world cinema lovers for whom the realm of cinema goes beyond Hollywood and Bollywood. The mobile app will officially launch in June.
myNK’s unique blockchain enabled business model will unveil new, transparent and trusted revenue streams for many different stakeholders and modus-operandi of how various entities act and interact with each other in a not so friendly environment. The industry is going to witness the first-of-its-kind entertainment platform that has so much to offer to every stakeholder who is directly or indirectly associated with the value chain.
The platform aims at liberalizing the industry from distribution challenges, copyright issues, breach of contracts, lost monetization, non-transparent earnings and introduce incentivized social entertainment for the viewer community in which consumers will act as a prudent community responsible for unbiased reviewing, rating, distributing, recommending and curating content, making the marketplace more connected, holistic and intelligent. Consumers would be empowered as they follow and interact with the like-minded community on the platform and earn badges, rewards/viewing credits when they share/recommend/micro-distribute content to influence their networks
At the official launch day, Anurag Kashyap (acclaimed international film-maker and mentor/curator of myNK) addressed industry peers on these issues. This was followed by a panel discussion on the entertainment blockchain technology wave that will help address content creators’ distribution and piracy concerns and how a curated VOD platform like myNK with film fan engagement incentives is the most ethical option and solution today.
Blockchain enables secured sharing of content, legit consumption of content and rightful attribution in a transparent and decentralized manner.
Today, blockchain technology has revolutionised the whole world and India is no exception to it. With the launch of India’s first curated VoD platform and unique business model, blockchain will undoubtedly be looked at as the future of entertainment in India.
MinersINC is a Blockchain-powered P2P platform which uses the transformative power of Blockchain Technology to build an entertainment ecosystem which empowers right-holders, enables consumers, and addresses some of the major gaps in India’s entertainment industry. The ecosystem is being designed for the Indian at heart and will forge a close-knit relationship between right-holders and consumers and facilitate the creation of a highly engaged community. The platform will deploy a community-driven approach for offerings in movies & music, enabling direct and more rewarding interactions between the right-holders and their target audiences.


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Tax collections subdued in first half of state budget year
From staff and wire reports
Jan. 3, 2002
Lagging tax collections do not come as a surprise to some members of the local legislative delegation.
Mississippi tax collections fell $113.4 million behind expectations from July 1 to Dec. 31, the first half of fiscal 2002. That's nearly 6.5 percent below an estimate set last spring.
Numbers for the first six months of the budget year were released by the state Tax Commission on Wednesday, less than a week before lawmakers convene a three-month legislative session that's expected to be dominated by setting a tight budget for next fiscal year.
There are encouraging signs. House Appropriations Chairman Charlie Capps, D-Cleveland, said despite the shortfall in collections, he sees reason for optimism.
He pointed to sales tax collections, which were $30.8 million, or 4.23 percent, behind expectations for the first half of the year. In December, sales tax collections were $685,724, or less than 1 percent, behind expectations.
December numbers represent sales made in November, before the heart of the Christmas shopping season.
I'm certainly encouraged by that,'' Capps said. That's the first time we've met our sales tax (projection) in a while.''
Corporate tax collections had the poorest performance in the first half of fiscal 2002, falling $35.1 million, or 30.25 percent, below expectations.
Gaming fees and taxes lagged $10.3 million, or 11.38 percent, behind where experts thought they'd be.
Gov. Ronnie Musgrove warned lawmakers last spring that they were planning to spend too much in fiscal 2002. Slow tax collections forced him in mid-November to trim $55 million from the $3.58 billion general fund.
Musgrove has said lawmakers are on track again to overspend, but he has not submitted his spending ideas for fiscal 2003.


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(Ping! Zine Web Tech Magazine) – A new mail application is looking to turn heads in the mobile industry. Simply called “Mailbox,” the offering features a number of e-mail gathering capabilities that allow users to organize their messages.
The application has received positive coverage with even a report from Mashable.com questioning whether it was the “Best Email App for iPhone” thus far.
The platform promises to be fast, providing the user with features such as swipe commands, mail checking from the cloud, push notifications, snoozed emails to read later along with a clean look and feel.
Mailbox is currently available on an applied-for basis via the iPhone and Gmail.


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CEAT Specialty Tires has teamed up with Costa Rican tire distributor Trac-Taco to sell CEAT Ag, OTR and industrial tires in the Central American country.
Founded in 1964, Trac-Taco serves a network of tire dealers across the country and is a leader in retreading Ag, OTR and truck tires in the country, CEAT says.
The CEAT brand was introduced to Trac-Taco dealer and end-user customers at a recent event in San Jose co-hosted by CEAT and Trac-Taco. The event featured remarks about the company and key products by CEAT executives with the U.S. office, including Carlos Acosta, business development manager for CEAT Specialty Tires in Central America, Mexico and the Caribbean.
The CEAT Farmax R85 Ag radial was one of numerous CEAT tires on display at the introduction event in San Jose. The company says this radial, as well as other radials in the Farmax series, is designed to provide exceptional CTR: low compaction, high traction and high roadability. CEAT 65 series, 70 series, row crop and flotation tires, as well as bias Ag and OTR tires, were also on display. The company’s ag radial plant is now producing more than 160 ag radial SKUs, including 710/70R42 and other key sizes for high-performance tractors.


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Microsoft Worldwide Partner Conference 2013 (WPC13) has started in Houston. The VAR Guy is closely tracking Surface tablet, Office 365, Windows 8.1 and Windows Azure cloud computing news for partners. Stay tuned to this live blog.
Microsoft (NSDQ: MSFT) might be planning to sell its Surface for Windows RT tablet for $199, a staggeringly low price to potentially counter Google Nexus 7 and Kindle Fire tablets. Is Microsoft ready to make some Surface tablets loss leaders, figuring to make up the shortfall on application and media sales, according to a published report?
The Microsoft Surface RT is a PC. It’s not a mobile device and it’s not a tablet, it’s a PC. And Microsoft’s first self-branded computer. It is, in short, the physical incarnation of Microsoft’s Windows 8.
The expectations and competition for the Surface are daunting.
Here’s a non-surprise: Microsoft is discounting its line of Surface Pro 2 tablets by $100 to $200, configuration depending. When Microsoft announced the Surface Pro 3, a device that has received stronger reviews by the media than its predecessors, we asked if it would continue to sell the Surface Pro 2.


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Adidas Says Under Armour Violated Mobile Fitness Patents
Law360, New York (February 5, 2014, 12:26 PM EST) -- Adidas AG filed suit in Delaware federal court Tuesday alleging Under Armour Inc. infringed a series of patents held by the world's second-largest manufacturer of athletic goods covering workout-tracking devices and software.
Germany-based Adidas asked the court for an order barring Under Armour from infringing 10 of its patents covering a "location-aware" fitness training system that enables users to monitor their heart rates, the calories they've burned and other data about their exercise routines via their smartphones.
"Unless enjoined by this court, defendant Under Armour's acts of infringement will continue to damage Adidas irreparably," the suit said.
The suit took aim...
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