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Hewlett-Packard Australia’s (HP) Imaging & Printing Group (IPG) says it has reduced the organisation’s local carbon emissions for product sourced by sea by 41 per cent after revising its supply chain model.
After assessing the company’s supply chain costs and CO2 footprint a year ago, HP IPG analysed the CO2 footprint for their product deliveries via modes of transport including sea, rail and truck.
Following this analysis, HP decided to implement supply chain projects that would land product closer to customers using sea, rather than using rail and road to move freight to customers.
“We conducted a study with our worldwide office at the end of our third quarter in July and found that there has been a dramatic decrease in our environmental footprint since we have implemented the new supply chain model,” said Richard Bailey, vice president of IPG, South Pacific.
HP worked with local supply chain partners DHL, Star Track Express and regionally across the organisation to develop a new model that reduces the total CO2 emitted to move freight from the HP finished goods plants in APJ to end customers in Australia.
Previously all IPG hardware was being delivered nationally from HP’s central distribution office (CDO) in Sydney, with 40 per cent of all supplies landing in Fremantle and then being delivered via rail to customers nationally. A significant 40 per cent of hardware from the CDO was also delivered to Melbourne by truck. Previous truck deliveries from the CDO were not optimised to use larger trucks and HP was emitting 6,400 tonnes of CO2 per annum in 2008.
Under the new supply chain model, HP changed its port of entry from Fremantle to Melbourne and Sydney, which increases the distance travelled by sea and decreases rail and truck distances travelled to deliver goods, resulting in less CO2 emissions. HP has also implemented a freight optimisation project, which optimises land freight delivery by using trucks with higher storage capacity, and therefore minimising the total number of trucks required. In 2009, the HP IPG Australia CO2 emissions from freight delivery were down to 3,776 tonnes per annum.
“The new supply chain model has saved over 2,600 tonnes of CO2 emitted by HP Australia over the last year, which equates to 21.6 acres of forest preserved from deforestation or 66,666 trees grown for 10 years from seedlings,” said Mr Bailey. “This has been the largest HP CO2 saving project in APJ for 2009.”
HP is working towards a goal to reduce its sea freight CO2 emissions by a further 20 percent by 2013.


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Despite the fact that the 2018-2019 Hyundai Sonata’s not sold on the domestic market, the fate of this car continues to generate interest.
Previously, a few years ago, Russia could easily buy this car, but now the European market comes 2018-2019 Hyundai I40. From a technical point of view, these two cars are twins. It was decided to abandon the car sales in Russia. Now Sonata model can be found in the United States and other countries. Purely from an economic point of view, sales in North America are of great profit. Especially since the Korean brand in the US, most recently on the rise. Perhaps this is due to the place of presentation.
It is expected that the new generation of 2018-2019 Hyundai Sonata will be shown in New York. While little data about the new product, although the network has already got a few teasers. Based on these images, a new generation will be built in accordance with the company’s styling, which bears the name of Fluidic Sculpture 2.0. Earlier, the company from Korea has unveiled the Genesis, a new generation in which it was possible to guess the new style of 2018-2019 Hyundai. In fact, 2018-2019 Hyundai Sonata should become cheaper analogue of the car.
Already it announced that new car interior materials are of higher quality, and the interior is designed. The figures that have come to the network can be seen the big screen multimedtiynoy system, an updated dashboard. According to rumors, the Koreans used the new technologies to enable the management to bring additional features to a new, higher level, what it means, in fact, it is extremely difficult to say.
Some car experts suggest that it is a question of setting up an e-car system. Jacobs is now the driver will be available to more accurate data on the status of the car’s systems. If we talk about the technical part, we can assume that it will be greatly upgraded.
Most likely, the platform will remain unchanged, but in it some design changes will be made. Chances are, naturally aspirated engine will now be replaced by a turbocharged, smaller power unit volume. It is worth recalling that the 2.4-liter engine is now used.
Presumably it will replace power unit, which is now installed on the model of 2018-2019 Hyundai Veloster Turbo (1,6 liters). On the prospects of the appearance of the car, in the domestic market has not yet been announced. Perhaps the situation will remain the same, we will continue to be available 2018-2019 Hyundai I40.
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With Bitcoin’s current correction from $20,000 right down to $18,000, Bitcoin Money (BCH) has rallied, presently valued at over .15 BTC and over $2,700. With uncertainty surrounding Bitcoin rising resulting from launch of CME futures and ever rising community congestion, traders are flocking to BCH as a hedge towards Bitcoin.
Since its inception on August 1 of this yr, Bitcoin Money has maintained an inverse relation to Bitcoin. After touching $20,000 on Sunday, Bitcoin has gone by means of a gradual decline, presently buying and selling round $17,700. This correction will be attributed to uneasiness surrounding yesterday’s launch of Bitcoin futures buying and selling on CME, the biggest derivatives market on this planet.
Whereas this current volatility is insignificant in comparison with final week’s traits, when CBOE launched Bitcoin futures, inflicting value fluctuations of just about 20% all through the day, Bitcoin supporters and speculators are hedging with different cryptocurrencies in concern of Wall Road manipulation.
Backed by main personalities Roger Ver, Craig Wright, and Jihan Wu, supporters of Bitcoin Money level to Bitcoin’s community congestion, censorship inside the neighborhood, and methodology of improvement as indicators that Bitcoin has strayed from Satoshi Nakamoto’s imaginative and prescient, and that Bitcoin Money is the true coin.
Whereas most are skeptical of the legitimacy behind the BTC fork, savvy traders have traded BCH in anticipation of Bitcoin downtrends, the place BCH has traditionally flourished. This current run up is not any totally different, and sure will proceed solely as long as Bitcoin’s downwards motion proceed.
Within the close to future, nonetheless, each supporters and skeptics have purpose to be involved in regards to the path the worth of BCH is headed. Over the summer season, Coinbase introduced that customers that who held Bitcoin throughout the block by which Bitcoin Money was forked would have entry to their funds on January 1, 2018. Slightly below 7 million BCH have been claimed, and when Coinbase customers have permission to maneuver their BCH, it’s to be anticipated that the circulating provide of BCH will enhance dramatically. With out a main supply of recent cash to buy these newly circulated Bitcoin Money, it’s possible that the worth will drop drastically.
Due to this, quick time period BCH consumers are taking large dangers in buying Bitcoin Money now. In the event that they aren’t capable of promote out earlier than others do in preparation for Coinbase customers, they are going to see important BTC losses on their present positions.


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August 9, 2013
Wendy’s Co. broke ground yesterday on a new flagship restaurant on Rt. 161 near its Dublin headquarters that will pay tribute to its past and the life of founder Dave Thomas. But that history will be presented in one of the state-of-the-art, modern-feel restaurants that the chain is rolling out.
“We want this to be a destination, a real landmark for Dublin,” Wendy’s spokesman Bob Bertini said.
The restaurant will incorporate the company’s “image-activation” design concept, which includes digital menu boards, a fireplace, lounge chairs, flat-screen TVs and Wi-Fi bars. The Dublin restaurant will be larger than others of this design to accommodate a community room featuring Thomas memorabilia and displays of the company’s history.
“We don’t want to go into the details just yet” about what will be on display, Bertini said. “We’ll leave that to the opening.”
However, he did divulge that the torch Thomas carried as part of the relay leading up to the start of the 1996 Olympics in Atlanta will be part of the exhibit, as will an early Wendy’s pick-up window sign.
Construction is expected to start next week, with the restaurant slated to open in December. The Wendy’s just west of this site will be closed and demolished.
About 700 Wendy’s employees work at the nearby company headquarters on Dave Thomas Drive.
“The Wendy’s Co. has made significant investments in maintaining its international headquarters in Dublin,” Dublin Mayor Tim Lecklider said. “And this new and unique restaurant will be another welcoming feature for the Bridge Street District.
He called the new location “a one-of-a-kind” restaurant.
The goal of Dublin’s proposed Bridge Street District is to create a walkable, mixed-use area in the center of Dublin, surrounding the historic district. It could include up to 8,000 residential units that would add 12,000 residents over the next 10 to 20 years.
The new Wendy’s in Dublin will be about 4,300 square feet, which is about a third larger than the typical image-activation Wendy’s design. It also will include an outdoor patio with seating for 20.
Bertini did not disclose the cost to build the restaurant.
Wendy’s CEO Emil Brolick earlier reported that sales at Wendy’s restaurants featuring the new design were up by about 25 percent compared with other stores in the chain.
This year, the company expects to build 25 new restaurants with the new design and renovate 100 more. In addition, Wendy’s franchises will build 40 new restaurants with the image-activation design, and about 150 franchises have applied to the company to renovate to the new standards.The image-activation updates started in late 2011.
“The burger business is a tough category,” said Ron Paul, president of Technomic, a restaurant-research firm based in Chicago.
He added that since only a small percentage of Wendy’s feature the new design, it’s too soon to tell if it will help the company’s bottom line.
“When they open a new one, they might get a big pop,” Paul said. “But the key is a year later, what will it be. Will they have gained market share?”Sales at the image-activation stores open more than a year have gone up about 18 to 20 percent, Bertini said.


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Rong360的分析师李万赋（Li Wanfu）对 中信经纬 that as established players banks still enjoy a marked advantage when it comes to consumer finance in 中国.
Banks can avail themselves of ample funds from their huge deposit bases, with larger banks having several tens of, or even several hundred, million depositors, while their funding costs remain comparatively low, with deposit rates in 中国 currently ranging at between 1.3 – 2.4%.
The 中国 银行业 and Insurance Regulatory Commission (CBIRC) has approved licenses for 26 consumer finance companies, while banks serve as shareholders for 19 of them, or 73% of the total.
The majority of these consumer finance companies have total assets of under five billion yuan, while only seven having total assets of over 10 billion yuan, which puts them roughly on par with a medium-sized rural commercial bank in 中国.
Earnings vary wildly amongst 中国’新成立的消费中国体彩公司。 2018年上半年招联消费中国体彩业务实现净利润6.04亿元，马尚消费中国体彩业务以3.66亿元的净利润位居第二。


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Racing Parts Warehouse
Summit Racing Equipment, a leading seller of performance auto parts and accessories, plans to build a big store and distribution center in south Arlington that will employ as many as 250 workers.
The facility, including a 32, 000-square-foot superstore, will be on 48 acres at the southwest corner of Interstate 20 and Texas 360.
Summit says it “carries parts and accessories for racing and high performance vehicles, trucks and SUVs, Jeep and off-road vehicles, and vehicle restoration. The company also offers products for dirt bikes and ATVs, tools and shop equipment, body and paint supplies, and OEM replacement parts.”
Construction is slated to begin this fall, with the distribution center expected to start shipping orders in the middle of 2017. The store would open shortly after.
According to an economic incentive package approved by the Arlington City Council on Tuesday night, Summit will invest $82 million to build a 700, 000-square-foot facility. Arlington would provide a 65 percent tax rebate on business personal property taxes for seven years, and Summit agrees to employ at least 200 workers by Jan. 1, 2018, and 250 by Jan. 1, 2019.
The value of the tax rebate over seven years was estimated at $528, 679.
Bruce Payne, Arlington’s economic development manager, said in a statement: “The company’s future retail store and warehouse facility along the Interstate 20 Corridor will create numerous, good-paying jobs for our community and generate significant sales tax revenue each year as a prime shopping destination for automotive enthusiasts.”
In addition to its home facility in Tallmadge, Ohio, Summit has facilities in Sparks, Nev., and McDonough, Ga.


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Household Planning Guide: What do you need to know about a potential five-day mail delivery schedule?
The Postal Service has proposed implementing five-day delivery operations as a cost-cutting measure in response to declining use of the mail due to the increased use of the Internet and the economic recession. The Postal Service has proposed eliminating Saturday delivery to street addresses and some associated service changes. Implementation of a five-day delivery schedule by the Postal Service after fiscal year 2010 (which ends Sept. 30, 2010) is contingent upon Congress not enacting legislation to prevent such a change in service. In addition, the Postal Service must request that the Postal Regulatory Commission review its plans and issue a non-binding advisory opinion. If the Postal Service implements five-day delivery, it would take effect in fiscal year 2011 (Oct. 1, 2010, to Sept. 30, 2011).
The Postal Service has developed an operational plan that will provide important details about how five-day delivery operations would be implemented, and this information will be available at usps.com. Customers will receive multiple advance notices and information about changes in mailing services if and when the Postal Service eliminates Saturday delivery to street addresses. Customers also will be informed of what they will need to know to ensure seamless implementation. The Postal Service will begin providing notices and information at least six months before implementation. Notices and information will be sent to customers in the mail, and will be posted at usps.com, on collection boxes and in Post Offices. The information also will be reported in news media.
If a five-day delivery operation is implemented in fiscal year 2011, the Postal Service plans to provide household customers with a variety of options to send and receive mail on Saturdays.
- P.O. Boxes will receive Saturday delivery.
- Express Mail service will not be affected – all Express Mail will be delivered on Saturday.
- Post Offices will remain open on Saturday and additional alternative retail channels will be available.
- Click-N-Ship at usps.com is available 24 hours a day, seven days a week for preparing your Express Mail and Priority Mail shipments.
The Postal Service has developed an operational plan that will provide important details about how five-day delivery would be implemented. The Postal Service filed a request for an advisory opinion from the Postal Regulatory Commission on March 30. Under five-day delivery operations, the following would occur:
- On Saturday, there will be no delivery to street addresses, no scheduled collection of mail from blue collection boxes or pickup of mail from homes and businesses.
- Delivery of mail to street addresses will continue Monday through Friday only.
- All mail addressed to a P.O. Box will be delivered Monday through Saturday.
- Mail deposited at a Post Office on Saturday will be processed on Monday.
- Collection boxes will be scheduled for collection Monday through Friday. Mail dropped in a collection box after the last scheduled pickup time on Friday will be collected and processed on Monday.
- There will be no cancellation of single-piece First-Class Mail on Saturday. However, circular hand-stamped postmarks will still be provided on request at post offices on Saturdays.
- Elimination of Saturday collection, processing and delivery of mail will generally add a day to the delivery of mail deposited on Saturday or for which delivery is expected on Saturday.
- Express Mail will continue to be delivered seven days a week. Express Mail will continue to be accepted and processed on Saturday at Post Offices. Dedicated Express Mail boxes will be collected Monday through Saturday.
- There will be no Carrier Pickup, scheduled pickup or on-demand pickup of Express Mail or Priority Mail on Saturday.
- Mail will not be collected or delivered to street addresses over a three-day holiday weekend.
- Priority Mail, Package Services and other parcel items may be delivered on the two or three Saturdays before Christmas, if volume warrants, to ensure delivery before Christmas.
So what does this mean for the typical household customer?
Elimination of Saturday collection and processing of single-piece mail will generally add a day to the delivery of such mail deposited on Saturday. For time-sensitive mail, such as bill payment, customers should account for the additional day if they typically deposit mail on Saturday. They may wish to change when they mail their payments to Fridays or Mondays or change their payment schedules.
Customers could receive more mail on Fridays and Mondays. In the absence of Saturday delivery, customers receiving advertisements, such as coupons and other special offers, may wish to hold on to such mail if they usually do their shopping during the weekends.


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In a groundbreaking study, grapes – known universally as a sweet, antioxidant-packed snack – have emerged as potential heroes in the realm of eye health. Research indicates that regular grape consumption can enhance vision, especially among the elderly. In this pioneering research, seniors were observed for a span of four months. The result? Those who consumed about a cup and a half of grapes daily showcased noticeable improvement in their ocular health. The in-depth study, recently published in the esteemed Food & Function journal, mainly focused on the effects of grapes on macular pigment accumulation, essential compounds found in fruits and veggies that amplify visual advantages, among other biomarkers.
Dr. Jung Eun Kim, a leading voice in the study, expressed enthusiasm about the discovery, emphasizing the significance given the aging global populace. “This is the inaugural study highlighting the positive effects of grapes on human eye health,” said Dr. Kim. “Considering the ease of incorporating just one and a half cups of grapes into one’s daily diet, the findings are not just remarkable but also practical.”
Age invariably brings with it a heightened vulnerability to ocular diseases and vision-related issues. Central to the onset of many of these diseases are Advanced Glycation End-products (AGEs), detrimental compounds formed when proteins or fats mesh with sugar in our blood. These AGEs, known culprits in harming the retina’s vascular components, underscore the need for dietary interventions. Enter grapes, which with their antioxidant properties, might just be the remedy to counteract AGEs’ damaging effects.
Beyond just vitamin C, grapes are replete with phenolic compounds, powerful antioxidants. These compounds are not just beneficial for the eyes but have demonstrated their mettle in various other health defenses, ranging from anti-aging to anti-inflammatory properties. To derive conclusive evidence, researchers embarked on a randomized trial involving 34 participants. While one group integrated one and a half cups of grapes into their daily regimen, the other was given a placebo.
The results were telling. Grape consumers manifested a significant uptick in Macular Pigment Optical Density (MPOD), an essential vision health metric. Additionally, their plasma exhibited enhanced antioxidant capacities and total phenolic content. In contrast, the placebo group witnessed a surge in detrimental AGEs. The grape, a modest fruit, stands validated as not just a delightful snack but also as a potential shield against deteriorating eye health, especially among the aging. As we stride forward in health research, nature continually reminds us of the simple remedies hidden in its bounty.


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CA To Reduce Named Accounts, Reassign Direct Sales Staff
The 12,000-plus named accounts that CA's direct sales force has preferential access to will be "reduced significantly by the thousands in North America alone," James Hanley, senior vice president of worldwide partner sales at CA, said Monday in a presentation at CMP Media’s XChange Solution Provider conference in Atlanta.
"Naturally, it will be the smaller [named accounts] that are cut, the regional-based or departmental-based customers," Hanley said.
CA went to a named account model in April. Under the strategy, the Islandia, N.Y.-based software vendor’s direct sales staff catered to the named accounts and were given incentives to include CA's top-tier Enterprise Solution Provider (ESP) partners in deals, while CA's Affiliate and Premier partners were to keep hands off the named accounts. CA said that only about 5 percent of its sales are from indirect channels.
The named accounts to be cut are customers that buy less than $1.3 million in CA products annually, said Debra Tummins, senior vice president and Southeast area manager for CA. The number of named accounts being reduced amounts to about 66 percent of the current number. Transitioning those customers off the named account list will continue through April, when CA begins to reallocate some of its direct sales force to other areas in the company, such as phone-based inside sales and other lead-generation positions, she said.
No direct sales associates will be laid off because of the changes, according to Tummins. Reducing the number of named accounts and reassigning direct sales staff will save CA money, she said.
Meanwhile, CA is working on a new partner program designed to help midmarket VARs connect with the former named accounts, Tummins said. CA plans to make a significant financial investment in the program, but that investment probably won’t equal the amount of money being saved by the named account and direct sales changes, she said.
During his speech, Hanley said to expect new features to be added to the partner programs from CA each quarter.
The fact that CA aims to open up thousands of new customers to partners who once found them off-limits intrigued solution providers who attended Hanley's presentation. Still, others said CA gave them little reason to want to do business with them.
Gordon Scobel, CEO of Qualitech, a solution provider in Bingham Farms, Mich., said he came away from Hanley's presentation with no compelling reason to begin selling CA products. Although Qualitech fit the description of the type of partner that Hanley said could most benefit from selling CA products—one that sells security, storage and enterprise systems management solutions—Scobel said he didn’t see enough new incentives in CA's message to add its products to Qualitech's offerings.
"All I'm seeing from CA is examples of what they say they are doing for partners, but nothing else,” Scobel said. “They just want to give themselves a pat on the back."
David Lair, business and technology consultant at Xpedeus Information and Technology Business Solutions, Brandon, Fla., said CA suffers from an inability to communicate its value proposition to midmarket solution providers, such as his company. CA has ample opportunity to win over Xpedeus because of things like the relatively expensive cost of product training from CA rival Symantec, yet CA hasn’t been able to do that, he said.
"I can appreciate the name recognition CA has, but I'm not given any reason to sell their products,” Lair said. "I see [eTrust] EZ Armor in CompUSA and Best Buy. I still don't know what it is [CA] is trying to do for me.”


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Shares of Pinterest (NYSE: PINS) took a hit on Tuesday, falling 5.5%. The growth stock's decline extends a brutal pullback after PayPal (NASDAQ: PYPL) said on Sunday that it was not pursuing an acquisition of the company, dispelling rumors that PayPal could buy Pinterest for $70 per share.
Image source: Pinterest.
News first broke on Oct. 20 that PayPal might have been considering buying Pinterest. The report initially sent shares soaring since the rumored buyout price up for consideration was $70, a 26% premium to where the stock was trading the previous day.
But shares of the visual search and media platform have fallen sharply this week, declining a total of 17.5%, as investors digest the implications of this weekend's news that PayPal is not buying the company.
Adding to the bearish news for Pinterest stock, influential investor Cathie Wood's ARK Next Generation Internet ETF reportedly unloaded more than 336,000 shares of Pinterest on Monday.
Pinterest is scheduled to report third-quarter results on Thursday, Nov. 4. Investors will likely be looking to see how much damage recent changes to iOS ad tracking and targeting have done to its revenue trajectory. While revenue for the period will likely be up sharply, there are concerns the company could miss its guidance, the way that Snap did.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Facebook wants to bring limited free internet service to some of the developing nations around the world and in India, the plan has run into some issues. An Indian regulator has asked that the free internet service be banned while an investigation is conducted to ensure that the free web access doesn’t pose a threat to net neutrality.
The regulatory agency is said to be specifically concerned with whether the phone carrier should be allowed to charge different prices for access to different websites. The carrier in India that is offering the free Facebook service is called Reliance Communications and offers the Free Basics service from Facebook.
The Indian regulatory authority is waiting for detailed terms and conditions on Free Basics to use for determining if there is a threat to net neutrality. Facebook has stated that it will be working with Reliance and the regulators to get the free access restored.
Facebook Free Basics launched last year via the Internet.org brand. Free Basics allows subscribers with supported carriers to visit certain websites without having to pay for data use. Sites include Facebook, Facebook Messenger, BBC News, Wikipedia, Bing, AccuWeather, and other sites for health content. The goal is to provide users who can’t otherwise afford internet access with access to limited content.


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Whirlpool Corporation issued a statement Tuesday declaring that it would conclude its involvement in the current refrigeration appeal over illegal appliance trade activity, having received a favorable ruling from the U.S. Court of International Trade.
In the decision, the Court ruled that the U.S. International Trade Commission had made significant errors in a 2012 trade remedy decision involving refrigerators imported from South Korea by LG and Samsung between 2008 and 2011. Whirlpool had filed a complaint in 2011 claiming that the appliances were being sold -- or dumped -- in the U.S. below fair market value.
In the statement, Whirlpool concluded that it was satisfied with having brought the activity to the government's attention.
"Because of our actions, there is no longer any doubt that dumping occurred and is occurring, both for washers and refrigerators," said Jeff Fettig, chairman and CEO of Whirlpool Corporation. "We are encouraged that the Court ruled there were mistakes made by the Trade Commission in not finding injury in the refrigeration case, particularly after the Commission determined that U.S. appliance workers and consumers were harmed by foreign competitors' unlawful washer trade actions."
Following the Court's decision, the U.S. government will impose tariffs on appliance imports.
"Since we filed the refrigerator case, the U.S. marketplace, the products, prices and the countries of supply have changed," continued Fettig. "Rather than pursue an appeal based on outdated data, we will put our energies toward continuing to monitor the U.S. appliance marketplace, evaluating potentially faster and more effective paths to achieve trade remedies and, when necessary, taking actions to defend U.S. manufacturing, innovation and consumers. Our focus remains on winning with consumers through developing innovative products, building strong brands and executing our long-term growth strategy with a commitment to ensuring that trade law is enforced for all."


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According to some of the largest retailers in Germany and Austria, the prices of graphics cards are somewhat surprising, super expensive at the moment. Some cards, like the AMD Radeon RX 6000 series, have more than double their MSRP.
The report from the 3D Center does not include recent maps released after March 2021, but it does show the current upward trend in GPU prices. The data show that AMD and Nvidia GPU prices have risen by 18 and 16 percentage points respectively in the past month. This places the average sales of both short-haul lines very close to double what was recommended for retail sales, and is a significant increase as prices have steadily risen from their lowest back in July.
According to the analysis, at the end of July, for example, you could pick up a humble Nvidia RTX 3060 at a worst price of € 799 and best price of € 579. This price rose to € 1280 at the end of August, and has maintained it while still raising the cheapest price to € 699.
The report also notes the general volatility in the market. Slightly lower-end models like the AMD Radeon RX 6800 and RX 6800 XT can be found going for higher prices than the powerful RX 6900 XT. There are also outrageous top prices for those willing to pay it, but this is all just a sign that demand far outweighs supply.
Tips and advice
How to buy a graphics card: tips on buying a graphics card in the barren silicon landscape that is 2021
It is worth noting that because the report is from data from Germany and Austria, prices may be very different from other countries. Different rules mean that suppliers can sell directly to customers, which is not the case everywhere.
There is a lot to see in the GPU space at the moment, even apart from the chip shortage and what is causing them. Companies taking steps like Nvidia are ready to announce RAM boosts for many of their cards in the coming months, the surprising potential specifications of Intel’s Arc Alchemist and AMD’s next-generation flagship design are nearing completion.


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Apple To Pay Some iPhone 7 Owners $349 Over Faulty Audio
By Mikelle Leow, 15 Feb 2024
Photo 79835272 © Prykhodov | Dreamstime.com
Apple has recently decided to put a lingering legal challenge behind it by agreeing to a US$35 million settlement over a class-action lawsuit. This case centered around claims that the iPhone 7 and iPhone 7 Plus models were plagued by audio issues, attributed to a faulty chip within the devices.
The lawsuit encompasses a broad group of US residents who purchased an iPhone 7 or iPhone 7 Plus from September 16, 2016, through January 3, 2023, and encountered the specific hardware hiccups outlined in the settlement.
Those affected had either approached Apple with their grievances during this period or had to bear out-of-pocket expenses for repairs or replacements of their devices due to the audio defect. In a move to rectify the situation, the Cupertino tech giant is now offering compensation to eligible customers.
Those who believe they’re entitled to a cut but haven’t received a direct notification from Apple via email or postcard are advised to reach out to the settlement administrator via email at [email protected]. With a deadline set for June 3 to make a claim or to opt out, and a final court approval expected no earlier than July 18, affected customers are urged to act promptly.
Compensation amounts vary, with reimbursements of up to US$349 for those who paid for repairs directly to Apple, and up to US$125 for other claimants, depending on their individual circumstances. The method of payment for the settlement includes options like electronic checks, physical checks, or ACH transfers.
While Apple has agreed to yield to monetary demands, the company maintains its stance of denying any wrongdoing. The court, too, has not declared a victory for either side.
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Potomac Edison, a subsidiary of FirstEnergy Corp., will begin installing Electric Vehicle (EV) charging stations in Maryland later this year and offer rebates for both residential and non-residential charger installations. This is part of a pilot program recently approved by the Maryland Public Service Commission to benefit the state's environment by reducing auto emissions.
Over the course of the five-year pilot program, Potomac Edison will install more than 50 charging stations, including nine "fast charging" stations, at locations across its Maryland service territory. In addition, residential customers of Potomac Edison in Maryland will be eligible for rebates of up to US$300 for the installation of EV charging stations at their home. Rebates will also be available for charging stations at multi-family properties.
"We're excited about the opportunity to support Maryland's efforts toward electric vehicle adoption and expand the charging station network, which is an important step toward a cleaner, healthier environment," said James Sears, president of Maryland operations for Potomac Edison. "Our expertise at building electrical infrastructure will help position Maryland as a leader in EV technology. We look forward to partnering with state officials to ensure our EV charging station program produces long-term benefits as we continue providing safe, reliable and affordable service to our customers."
The charging station pilot program was approved by the Maryland Public Service Commission in January and includes additional EV charging station installations from other Maryland utilities to support a state-wide effort toward reaching 300,000 zero-emission vehicles on the road by 2025. The pilot is intended to help Maryland utilities evaluate the benefits of EV charging deployment while remaining cost-effective for customers.
Electric vehicles offer a clean, efficient alternative to gasoline-powered vehicles, averaging as low as one-third the cost-per-mile of gasoline. Depending on the battery capacity, EV driving range can vary from about 80 miles up to 280 miles. The installation of public charging stations through the pilot program will help reduce "range anxiety" for EV owners, as well as provide key data to help determine future implementation efforts throughout Maryland and other areas served by FirstEnergy's utilities. Potomac Edison will file an EV charging station pilot program implementation plan with the Maryland Commission in the coming months.


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Costco – Why Shares of This Electrical Carmaker Skyrocketed in October
Shares of Chinese language electrical carmaker NIO (NYSE: NIO) rocketed upward by 44.1% in October, in line with knowledge supplied by S&P World Market Intelligence. That completely crushed the S&P 500, which was down 2.8% for the month. It additionally outperformed Tesla (NASDAQ: (TSLA)), shares of which declined by 9.6% in October.
Electrical automobile stocks have been the main target of a variety of market hype over the previous a number of months, and NIO isn’t any exception. It first went public in late 2018, however this yr, its shares have soared by greater than 1,000%.
Picture supply: Getty Photos.
Final month’s outperformance, although, was primarily pushed by two items of reports. Shares popped on Oct. 14 after analysts at JPMorgan Chase almost tripled their price goal on the stock, from $14 a share to $40 a share. In response, NIO‘s share price jumped from about $22 to about $28 over the subsequent few days.
NIO‘s subsequent huge soar got here on Oct. 29, when the corporate introduced that its 5,000th car of the month had rolled off the manufacturing line. It was the primary time the corporate had been in a position to manufacture that many autos in a single month, and Tesla fanatics shall be aware of the investor enthusiasm that hitting such milestones can produce. NIO‘s shares rose from $28 to about $32 earlier than easing again a bit to complete the month at round $30.
The marketplace for electrical autos in China is anticipated to be big. Though Tesla has up to now dominated it, NIO is anticipated to have a little bit of a home-court benefit over its bigger U.S.-based rival. Nio‘s shares have continued to climb in early November, and now sit at about $45 — greater than the JP Morgan benchmark that boosted its fortunes.
Like different fledgling automakers, NIO is a speculative stock, however the firm’s benefits within the Chinese language market make it worth a search for risk-tolerant traders.
10 stocks we like higher than NIO Inc.
When investing geniuses David and Tom Gardner have a stock tip, it may pay to pay attention. In spite of everything, the publication they’ve run for over a decade, Fintech Zoom Stock Advisor, has tripled the market.*
David and Tom simply revealed what they consider are the ten greatest stocks for traders to purchase proper now… and NIO Inc. wasn’t one in every of them! That is proper — they assume these 10 stocks are even higher buys.
See the 10 stocks
*Stock Advisor returns as of October 20, 2020
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
Learn Dow Jones At the moment.


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Paytm Mall: The news of a big cyber attack on Paytm Mall is coming out. According to the information received, personal information of 34 lakh users has been leaked in this big cyber attack on Paytm Mall. It is reported that this cyber attack took place in 2022, but the company has categorically denied any such hacking.
The Have I Been Pwned website has claimed this data leak. Let us tell you that the Have I Been Pwned website tells people whether they have been a victim of hacking or not. If any data is leaked then whether their data is included in it or not.
This information of users was leaked
According to media reports, this data leak contains all the information from the e-mail ID of the users to the phone number, home address, date of birth, income status and last shopping. Troy Hunt has given information about this leak by tweeting. Let me tell you, Hunt has prepared the report of Have I Been Pwned. Cyber security firm Cyble also claimed this data leak in 2020. It was said in the report that the hacker had demanded 10 ETH (about Rs 3.12 lakh during that time) in exchange for the data.
Paytm Mall calls data leak claim false
Paytm Mall spokesperson has said that the data of the users is completely safe. The claims being made about the data leak in the year 2020 are completely false. He said that the information about the data leak has been wrongly uploaded on the Have I Been Pwned platform. We are in constant touch with Firefox and the platform to resolve the matter.
Check data leaked from the link or not
If you also suspect that your data is also involved in the 34 lakh data leak of Paytm Mall, then you can check by entering your mobile number and email id in the search bar by visiting Firefox Monitor or https://haveibeenpwned.com/ . That is, through this link you will know whether your data has been leaked or not.


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Clumps of dirt stick to the roots of these plum trees ripped from the earth. The toppled trees looked as if they were knocked over by a strong gust of wind, but they were done in by a changing market. Local grower Pat Ricchuiti says it's become difficult to make money growing plums, nectarines and peaches.
Pat Ricchiuti: "The times that we're having right now are pretty hard on the stone fruit industry and a number of different varieties that won't sustain the marketability to make them profitable."
So Ricchuiti took 400 acres out of production as much as 20-percent of his stone fruit crop. He says people just don't eat as much fresh fruit as they used to and they're not making as many cobblers and pies.
Pat Ricchiuti: "The very high retail prices that are in the stores that keep consumers from buying larger quantities of fresh fruit are part of it. The lack of shelf space that we've had in the past has hurt us."
Motorists used to driving past the pretty blossoms now see rows of trees ready for the wood-chipper.
Pat Ricchiuti: "Three weeks ago these were beautiful orchards. We'd already pruned them. That's the other thing that hurt us."
Some of these ripped out fruit trees will be replaced by almonds, though Ricchiuti will have to wait 4-5 years for the first crop. His once rural ranch is surrounded by homes. Developers have long sought more of this productive land.
Pat Ricchiuti: "When we sustain these kinds of losses the pressures are great. The downturn we've had in the housing market is really going to put an impact on that."
The massive uprooting of so many trees seems a bit extreme but Ricchiuti says farmers are often forced to diversify their crops to meet public demand and make money.


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Latest Walmart PS5 updates:
- Walmart is currently out of stock of PS5, but you can get an in-stock alert by going to the PS5 Walmart page.
- Your next official chance to get a PS5 at Walmart will be on Black Friday (November 27), but it could come back in stock before then.
At four different times Thursday — noon, 3 p.m., 6 p.m. and 9 p.m. ET — Walmart posted new inventory for the PS5. Those consoles were immediately snapped up by eager shoppers. We've checked today and have not yet seen the PS5 come back in stock, but you can get in-stock alerts.
- PS5 review — our verdict is in!
- Where to buy PS5 right now: Check stock for all retailers
- Just in: Watch out — over 100 PS4 games might struggle on PS5
Walmart offers both the PS5 and PS5 Digital Edition, so shoppers had to choose between the full PS5 or the Digital Edition that drops the Blu-ray drive. But there was a catch: You need to place your order online, because you won't be able to buy one inside your local Walmart store.
That's because Sony already announced that new PS5 units will only be available online on release day, due to public safety concerns. So Walmart has been quick to warn fans that there won’t be any consoles available to purchase in-store.
Target also had PS5 consoles in stock, though unlike Walmart you can only get one if you order online and pick it up in store. (Like Walmart, though, Target's supplies quickly dried up.) Walmart, on the other hand, doesn’t seem to be offering this, telling shoppers to “Be safe, stay home, and place your order online.”
While that means you’ll have to wait for your console to be delivered, you’ll still get one. And without having to risk going out into heavy crowds. After all, you don’t want to put yourself at risk of Covid-19, or worse have to deal with anyone who might want to steal your console.
For those of you who don’t get your consoles on, or around release day, it’ll just be a case of waiting for Sony and Microsoft to catch up with demand.
So sit back, be patient, and don’t panic — PS5 stock will likely return at some point.


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On November 19, the provider outage detection internet site DownDetector mentioned that the Amazon Web Services (AWS) Internet infrastructure service, which many websites and apps use because the backbone, turned into experiencing issues. Click here whatisss.com
Historical data from DownDetector suggests that AWS seafiremedia also skilled troubles on November 2 and November sixteen.
“Crashes inside the cloud are extraordinarily uncommon,” Kristin Brown, senior PR supervisor at Amazon Web Services, told the E-trade Times whilst asked approximately the November 19 crash.
“Amazon’s service health dashboard” indicates that the whole thing is running generally… Without any widespread disruption, Brown said. “We have hundreds of thousands of customers. If there is indeed a service interruption, we will in all likelihood see more reviews, aside from the carrier fitness dashboard reporting the disruption. ,
AWS international infrastructure is split into areas and availability zones for reliability, Brown said.
Brown commented, that Amazon “frequently sees fake reviews on websites like DownDetector for a selection of reasons.” “Cloud infrastructure, in particular AWS, has several redundancy and security constructed in.”
DownDetector defends the accuracy of its facts.
Adrienne Blum, VP of marketing and communications at Downtaker’s discern employer Ocala, advised the e-commerce Times, that the organization “aggregates fame reviews from multiple sources, inclusive of Twitter, and submits the casinotwins reviews on our websites and mobile apps.”
“Our device validates and analyzes those reviews in actual time, permitting us to mechanically come across outages and provider disruptions of their early ranges,” she explained.
Subsequently, on November 25, an AWS outage ended “thousands of online services”, ZDNet said.
Importance Of Cloud Offerings
John Dinsdale, an essential analyst at market intelligence firm Synergy Research Group, stated: “Workloads are being moved to public clouds lots faster than anticipated, and hosted software program apps are mainly critical to navigate their manner through pandemics round the world. Are appealing to ventures to do.”
“The speedy adoption is also being facilitated by way of a plethora of hybrid cloud services which might be assisting to ease the path towards extra use of public clouds.”
According to SRG, company spending on cloud services expanded by $1.5 billion within the third quarter of the year due to the pandemic, accelerating the transition from on-premises operations to cloud-primarily based services.
Infrastructure as a provider (IaaS), platform as a service (PaaS), and software program as a provider (SaaS), all presented on a subscription foundation, grew nearly three percent better than anticipated…
Companies that provide their offerings or platforms in the cloud on a subscription basis include Microsoft, together with its Office 360 and other offerings; Customer Relationship Management (CRM) massive Salesforce; Google and Amazon’s AWS.
Market research firm IDG’s 2020 Cloud Computing Survey posted in June pronounced that eighty-one percent of greater than 550 groups already use cloud infrastructure or have programs within the cloud.
There are public clouds, such as the ones provided by using Google, Amazon, and Microsoft; personal clouds which include IBM’s cloud carrier; and hybrid clouds, which might be a combination of each.
What is the actual cost whilst customers can’t get the right of entry to a cloud provider?
Thousands of customers around the world misplaced access to Gmail, Google Drive, Google Docs, Google Meet, and Google Voice on August 20, whilst Google Cloud services around the world had been closed down for hours.
In late September, a global outage close down Azure Active Directory (AD), Microsoft’s cloud-based company identification and get entry to control solution, the spine of its cloud-based Office 365 systems.
Customers could not get the right of entry to Teams, Microsoft 365, and other business enterprise online services.
The November 25 AWS crash, which lasted for hours, affected lots of online offerings ranging from Adobe Spark to Roku to Flickr, clever gadgets, cryptocurrency portals, and streaming and podcast services.
Private cloud offerings did now not perform higher.
In June, IBM Cloud suffered a worldwide outage. In July, a router on the worldwide backbone of Web infrastructure and website protection issuer Cloudflare’s Domain Name System (DNS) provider incorrectly routed Internet site visitors for almost half of an hour, disrupting a big part of the Internet.
According to Evolven, a generation company that offers IT Operations Analytics (ITOA) answers, downtime can fee establishments that depend entirely on an information center’s potential to supply IT and networking offerings to customers — including e-Commerce businesses – up to $eleven,000 consistent with minute. For company corporations.
Rob Enderle, predominant of Enderle Group, informed the e-commerce Times, “Crashes in cloud offerings cannot be avoided because “these are complex structures present process preservation at an aspect degree and are almost continually beneath attack.”


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Experiencing Dailies Total 1
Three bloggers will share their first-hand experiences of the new Alcon Dailies Total1 contact lenses
Contact lens manufacturer Alcon has enrolled the help of three UK-based bloggers to share their experiences of using the company’s newly launched Dailies Total1 lenses.
The trio have been trialling the new contact lenses which, boast a high water gradient, and will share their journeys of fitting, trialling and wearing the lenses through a range of social media channels including Facebook, Twitter and Instagram.
Handles dedicated to Dailies Total1 have been created on all three social media channels and will be used by bloggers Chantelle Znideric, Ree of Love30 and YstyleIreland during the consumer campaign.
The campaign is based on the concept ‘16,’ which represents the 16 hours of comfort that Alcon says the contact lenses provide. A spokesperson for the contact lens company explained that the purpose of the campaign is “to communicate with current and potential contact lens wearers about the benefits of wearing contact lenses and the unique technology of the water gradient lenses.”
Alcon will also run a series of television and digital promotions, as well as blogs on how contact lenses can be an alternative solution for vision correction in a variety of situations.


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New research has just announced the new wonder food, and the most wonderful thing about it is that you don’t need to reach deep into your wallet to try and fund it – you simply have to open your fridge and reach in there instead.
Because forget some rare, exotic, organic berry, or some over-priced, over-PR-ed celebrity juice (looking at you, Elle MacPherson), the latest food to revolutionise your health is a humble old yoghurt.
OK, not any humble old yoghurt – it has to be a probiotic one. But still, scientists in Australia have revealed how it can lower your blood pressure and reduce chances of dying from a stroke or heart attack by up a fifth.
That’s in addition to its already heralded ability to provide you with calcium, phosphorus, potassium, zinc, riboflavin, vitamin B12 and protein, and help maintain a healthy gut.
But it’s not the only easy-access, non-hyped and affordable food that’s good for you; there’s these other superhero foods already lurking in your cupboard…
An oldie but a goodie.
According to studies, vinegar is rich in antioxidants that can help reduce ageing and even slow down the development of some cancers.
And because of the antibacterial properties found in the acidic liquid, some reports have found it has the ability to reduce the effects of diabetes, help the body to recuperate after an intense physical workout and help maintain a healthy blood pressure.
If that wasn’t enough, it’s also said to help people lower their appetites.
Poor old bread, the scourge of dieters everywhere; the carb gazumped by all the newer flashier couscous and the like.
But bread is no way near as bad as people say. Wholegrain bread is rich in ‘resistant starch’, a type of carbohydrate that leaves you feeling fuller for longer because it’s hard to digest.
That does lead to bloating in some, but is simply a better source of energy for most. Even the devil of all devils, white bread, was recently found by scientists in Spain to boost beneficial bacteria in the gut.
Again, no one likes basic milk any more – it has to be soy or lactose-free, apparently.
But while ‘normal’ milk does have its cons – full-fat milk is high in saturated fat, and has even been linked to higher levels of breast cancer – it also has its undeniable pros.
For young children especially, milk provides calories, protein, essential vitamins like vitamin B2 and vitamin B12, and of course, calcium, crucial for keeping bones strong and warding of crippling diseases like osteoporosis.
Tea is a wonderful thing.
Aside from the soothing properties of sitting down to a nice cuppa and putting the world to rights, studies show drinking antioxidant-packed tea can help reduce your risk of Alzheimer’s, diabetes and some cancers, while also promoting healthier teeth, gums and stronger bones.
Another round anyone?
Once upon a time it was ‘go to work on an egg’. Now it’s, ‘eggs are bad for you and raise your cholesterol’.
But in moderation, as with most things, eggs are packed with health benefits.
A source of high-quality protein, eating an egg will keep you fuller for longer, staving off snacking, weight gain and all the health pitfalls that come with that.
Egg yolks also contain lutein and zeaxanthin – two antioxidants that help keep eyes healthy, while lutein is also thought to shield your skin from UV damage.
Not shown at its best in a chip/waffle/dauphinoise, but in other guises – think boiled or baked – the potato can be very healthy.
They’re relatively low in calories, especially red potatoes, and are packed with fat-burning carbohydrates, or resistant starch (like its diet-enemy buddy bread).
They’re also a rich source of Vitamin B6 for a healthy nervous system and a balanced mood, Vitamin C for immune support, and fibre for a healthy gut.


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RBA defends cash ban
The Reserve Bank has responded to conspiratorial concerns about its proposed cash ban.
A bill has been put forth that seeks to ban cash payments of over $10,000 and impose two-year jail sentences for people using cash for purchases above that limit.
The proposed cash ban bill has passed the Lower House, and would have come into effect on January 1, but has now been referred to a Senate inquiry.
Many are outraged by what they see as the Government interfering with the legal right to spend cash freely.
There is also a belief that the bill gives authorities greater control over people's behaviour during recessions.
Submissions to the inquiry suggest the proposed law may leave people's bank deposits vulnerable to negative interest rates.
The Federal Government says the measure is intended to fight the black economy, stamp out tax evasion, money laundering and other crimes.
Independent MP Andrew Wilkie claims he does not support the bill, relaying people’s concerns that it was “designed to push people into the clutches of the banks”.
Reserve Bank head of payment policy Tony Richards says the cash ban is not “a precursor to the imposition of negative interest rates and the Government deciding to withdraw cash from circulation”.
“With respect, I think some of those concerns that you've alluded to are a little far-fetched,” Dr Richards told the Senate inquiry hearings last month.
He said “there are almost no examples of negative interest rates for household deposits in those few countries that have had negative policy rates”.
The Washington-based International Monetary Fund (IMF) has issued statements about the benefits of a world without cash.
Dr Richards rejected assertions that the cash ban could give banks more control and allow them to increase fees on consumers.
“The bigger picture is that payments are already flowing to the banks,” Dr Richards said.
The law was a recommendation of the Treasury’s Black Economy Taskforce, which estimates that about $50 billion is lost to the illicit economy each year.
The estimate wide definition of activities in the black economy, including underpaying wages, paying cash-in-hand, under-reporting income, sham contracting, phoenixing, identity fraud, ABN and GST fraud, illicit tobacco, money laundering, unregulated gambling, criminal acts, counterfeit goods and illegal drugs.
Business lobbies including CPA Australia and the Australian Chamber of Commerce and Industry (ACCI) the law may actually result in more sophisticated cash economy activity.
The laws do not cover digital currencies such as Bitcoin, suggesting this will become a method by which criminals can legitimise their funds.
The Law Council of Australia is concerned the cash ban could unfairly target workers.
The law puts criminal liability on anyone who gives or receives a cash payment that equals or exceeds the cash payment limit of $10,000.
“In retail and wholesale businesses, they would be the people who are dealing with customers,” the council’s Andrew Ham.
“Many of those people are minimally paid, minimally trained and minimally engaged with their workplace. They might be casual or part-time and they might be 16 years old.
“Under this bill, all that has to happen is that someone … wants to give them [the retailer] $10,000 to pay for something … and that person [the retail worker] is potentially heading to jail. That disturbs me greatly.”


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YSL, or Saint Laurent Paris as it has been re-branded, has revealed its new store concept, which the company says is ready to be rolled out. The first boutique will open in Shanghai in October, a 3,200 square feet retail mecca housing its mens and womens ready-to-wear collections. The store will aptly reflect the new vision by YSL's creative director Hedi Slimane.
The second boutique is due to open in Berlin in November at its revamped 52 Kurfürstendamm address.
A further flagship which covers 9,600 square feet and spans over 2 floors is due to open in Paris next February at 53 Avenue Montaigne.
YSL president and CEO Paul Deneve revealed that it was an ambitious growth strategy designed to seize on the “new creative brand vision” of Slimane.
Deneve confirmed updating the brand was intended to push both the business and the status of the label back to the level of the other two great names of Paris fashion, Chanel and Christian Dior. “That level of business is what we want to build. That’s the potential I would like to develop,” Deneve said. “We’re preparing to revolutionize fashion again, as Mr. Saint Laurent did in the Sixties.”
The fashion house aims to open around 15 directly operated stores and shops-in-shop a year, all under the new Saint Laurent brand. The store design features black and white marble, raw concrete and 1930s-inspired display furniture with gold, silver, mirror and glass elements.
Deneve said “not only has he [Slimane] redefined a strong men’s and women’s wardrobe for Saint Laurent today, but he’s worked on a new offering of shoes, leather goods and jewellery…..Saint Laurent, in order to be successful, is creating a very strong desire through the ready-to-wear: That’s what has been at the heart of our business.” said Deneve.
Europe is the key market for YSL, accounting for 46% of revenues versus 26% for North America, 21% for Asia, and 8% for Japan.
Image: YSL Shanghai boutique


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Buy the real baseball cap for just £295.
Epic, that plucky underdog that courageously fights corporations with even more billions of dollars in the bank, has confirmed another big-name collaboration for Fortnite. This time it isn’t another notable game brand, or a Hollywood star, but rather a high fashion brand.
Rolling out at 5pm Pacific / 8pm Eastern today (20th September) is a ‘digital fashion’ collab with Balenciaga. Being the cheap t-shirts from a supermarket type we had to look up details on the fashion house, which is headquartered in Paris and at last count had over 1300 employees globally.
Read the full article on nintendolife.com


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The Middleby Corporation ( MIDD Quick Quote MIDD - Free Report) recently announced that it has completed the buyout of RAM Fry Dispensers — a subsidiary of Red Wing, MN-based Automated Equipment LLC. Financial terms of the transactions were kept under wraps. RAM Fry Dispensers is engaged in manufacturing automated frozen fry dispensing equipment. Touted as user friendly, durable and cost-effective, the company’s high-quality dispensers are mainly used in the restaurant chain market throughout the world. The company’s automated fry dispenser offers users an accurate portion control, enabling them to lower food and labor costs. Notably, the buyout is expected to strengthen Middleby’s product offering in the restaurant automation platform. As noted by the company, the deal will complement its advanced fryer brands and it will work on further developing and integrating the RAM solutions with its current products. Other Inorganic Moves
One of the notable acquisitions made by Middleby is that of Seattle-based Synesso in December 2019. The transaction is expected to strengthen the company’s product offering in the beverage and coffee platform. Also, in November 2019, it completed the acquisition of Redwood City, CA-based Brava Home Inc — a specialist in providing advanced technology for residential cooking. The buyout is likely to enhance the company’s product offering in the commercial and residential businesses.
In addition, in July 2019, Middleby acquired Packaging Progressions, Inc., which has been strengthening its product offering related to processing technologies. Further, it bought Santa Ana, CA-based Ss Brewtech in June 2019, and Newton, MA-based Powerhouse Dynamics, Inc in April 2019. Notably, the acquired assets boosted the company’s sales by 5.8% in the third quarter of 2019. Zacks Rank & Price Performance Middleby, which has a market cap of roughly $6.2 billion, currently carries a Zacks Rank #4 (Sell). Analysts have become increasingly bearish about the company over the past 60 days. Its earnings estimates for fourth-quarter 2019 have decreased from $1.81 to $1.80 and the same for first-quarter 2020 has moved down from $1.66 to $1.62. In the past six months, the company’s shares have lost 20.3% against the industry’s growth of 7.2%. Key Picks Some better-ranked stocks from the same space are IDEX Corporation IEX, Chart Industries, Inc. GTLS and Parker-Hannifin Corporation PH. All these companies carry a Zacks Rank #2 (Buy). You can see . the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here IDEX delivered positive earnings surprise of 3.26%, on average, in the trailing four quarters. Chart Industries delivered positive earnings surprise of 4.01%, on average, in the trailing four quarters. Parker-Hannifin delivered positive earnings surprise of 5.29%, on average, in the trailing four quarters. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better. See these 7 breakthrough stocks now>>


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Coffee and tea company expanding its Mississauga facilities, creating new jobs
Published February 3, 2023 at 12:07 pm
A well-known coffee and tea manufacturer is expanding its facilities in Mississauga and creating some new jobs in the process.
Today (Feb. 3), the Province announced it’s contributing $5 million to Mother Parkers Tea and Coffee’s $33.4 million investment in its existing Mississauga campus.
The Province says Mother Parkers’ investment, which will see the construction of a new cold coffee and tea extracts manufacturing facility next to its existing facilities, will boost local manufacturing and create new jobs.
“Local manufacturers, like Mother Parkers, are at the heart of communities across the province, creating good-paying jobs for local families and attracting more investments,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade, in a statement.
“We’re proud to support this homegrown success story through our Regional Development Program as they continue to innovate and grow.”
The company’s manufacturing facility is located on Stanfield Road, not far from the Dundas St. E. and Tomken Rd. intersection.
Mother Parkers is a fourth-generation family-owned manufacturer and supplier that has grown from a small wholesale grocery distributor in Toronto into a global tea and coffee company. According to the Province, the company manufactures private-label products for retailers and restaurant chains and creates its own brands.
The Province says the facility expansion will be used to create a new product line.
“We are very pleased to have the Ontario government’s investment as Mother Parkers continues to expand our Mississauga campus and grow our contributions to the regional economy,” said Fred Schaeffer, President & CEO of Mother Parkers Tea & Coffee, in a statement.
“The support we’ve received through the Advanced Manufacturing Innovation and Competitiveness Fund is helping us to move quickly to compete in one of North America’s fastest-growing beverage categories.”insauga's Editorial Standards and Policies advertising


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Market Minutes for the week of January 8th:
“Without promotion, something terrible happens…Nothing!” – P.T. Barnum
Here is what I am thinking: 1.) The power of this market is taking my breath away. Last week the DJIA made the fastest 1,000-point move in history, when in just 23 trading days, the DJIA jumped from 24,000 to 25,000. This outpaces the March 2017 move of 1,000 points (to 21,000) which took 24 days. This week, the DJIA has set another speed record with the fastest 500 point move in history (7 trading days). 2.) Ralph Acampora, the godfather of technical analysis: “I am so bullish, I have to sit down and calm down.” He has a near-term target for the Dow of 25,900 and a secondary target for the year of 28,700. The driving force behind those targets Acampora says will be a “healthy” rotation from technology stocks to energy names and financial companies. 3.) Why does this market keep going up? There is enthusiasm and optimism for better EPS this year from tax savings, and yet an even more powerful reason: Because of years of buybacks, mergers and acquisitions and lack of IPOs, the supply of publicly traded companies has dwindled. There are less than half the number of publicly traded companies today versus when I started my career 36 years ago. Bigger, however, is the math behind stock buybacks. If companies are going to realize greater profits because of new tax savings going forward, and those profits are divided into fewer shares because of share repurchases, you are going to get higher earnings per share (EPS), and earnings per share (EPS) growth is what drives stock prices. 4.) Tony Dwyer, Chief Market Strategist for Canaccord Genuity: “We would like to point out that market peaks are NOT built on euphoria and high optimism, they are built on excessive optimism that ignores deterioration under the economic and market surface. In other words, the major market indices making new highs while the various Advance/Decline lines trending lower. Small cap indices dropping. Weakening credit and higher delinquencies associated with an inverted yield curve. Sharply slower economic data and weakening profit margins. Deteriorating consumer and business sentiment.” Thanks Tony, none of these warning signs exists as far as I can tell. 5.) Is China really intending to back away from the purchase of U.S. Treasury bonds? That worry has pushed the 10-year yield to 2.60% in just several days. 6.) Tom Graff, fixed income strategist for Brown Advisory says not to worry: “I put almost no weight on this China story. China’s buying and selling of Treasury bonds is entirely related to managing their currency…Perhaps more importantly, Chinese net buying of Treasuries hasn’t been obviously impactful on interest rate in recent years. From September 2012 to November 2013, China’s holdings increased 14% to $160 billion. Treasury rates rose 90bps during that time. China was a net seller of nearly $100 billion from November 2013 to February 2015. Treasury rates fell 80bps. From November 2015 to November 2016, China was a net seller to the tune of $215 billion, and the 10-year rose a whopping…10bps…Chinese selling Treasuries is a bogey man that you can safely ignore.” 7.) Both short rates and long rates will move higher this year if inflation begins to accelerate and the economy gets “too far over its ski tips.” 8.) Wow, oil prices are ripping higher. Brent crude touches $70 per barrel and WTI crude touches $64 per barrel. The move is being pushed by stronger-than-expected global demand which is being fueled by surging worldwide economic growth, against ongoing output limits (supply constraints) from OPEC and Russia. 9.) Will Trump pull out of NAFTA? I doubt it. His tough talk may be posturing to get Mexico on the financial hook for the Wall. 10.) It’s good to see that brick and mortar retailers had an encouraging holiday sales season.
The Commerce Department said that wholesale inventories rose by 0.8% in November, suggesting that inventory investment will probably contribute to stronger economic growth in the 4th quarter.
The Bureau of Labor Statistics said that producer prices (PPI) fell by 0.1% in December versus a forecasted 0.2% rise. Year-over-year producer prices have risen by a modest 2.6%. Consumer prices (CPI) increased by 0.3% for a 1.8% year over year increase.
The Commerce Department reports that retail sales for December rose by 0.4% and 5.4% over the same period a year ago. The National Retail Federation said that the strongest performers were retailers who sold building materials, furniture and electronics. Overall sales totaled $691.9 billion and the 5.4% year over year increase was the biggest jump since the end of the Great Recession of 2008-2009.
The Federal Reserve said that consumer credit growth surged in November to $3.83 trillion. The $28 billion increase was the largest monthly increase in 16 years. Revolving credit (credit cards) accelerated at 13.3% annual rate in the month and non-revolving credit (student and car loans) increased at a 7.2% annual rate, the fastest pace since October of 2016.
The December NFIB (National Federation of Independent Business) small business optimism index dropped to 104.9 from November’s multi-year decade high of 107.5. Interestingly, Future Compensation Plans jumped by 8 points to 23%, the highest reading since 2000. No doubt driven by tax reform.
According to a survey by TD Bank, record home equity led to $152 billion in remodeling spending in 2017.
TD Ameritrade’s Investor Movement Index climbed to 8.59 last month, its second straight monthly record. The index measures TD Ameritrade clients’ behavior, aggregating their positions and activity, to assess how they are positioned. “Retail investors ended 2017 with [equity] exposure at all-time highs. Our clients were net buyers during December, resulting in one of the longest buying streaks in the history of the index,” TD Ameritrade wrote in its press release.
Bloomberg said that Eurozone consumer confidence ended 2017 at 116, the highest level since December of 2000.
On what corporations will do with their savings from the new 21% tax rate: Scott Grannis, the Calafia Beach Pundit says: “But, argue the skeptics, won’t businesses just use their extra profits to buy back shares and increase their dividends, making the wealthy even wealthier, without creating any new jobs? This oft-repeated allegation is an empty argument, because it ignores one key thing: what do those who receive the money from buybacks and dividends do with it?”
Grannis goes on to reference an essay from John Cochrane who explains it like this: “The larger economic point: In the end, investment in the whole economy has nothing to do with the financial decision of individual companies. Investment will increase if the marginal, after-tax, return to investment increases. Lowering the corporate tax rate operates on that marginal incentive to new investments. It does not operate by ‘giving companies cash” which they may use, individually, to buy new forklifts, or to send to investors. Thinking about the cash, and not the marginal incentive, is a central mistake.”
More from Scott Grannis: “One reason for increased business optimism is undoubtedly the huge reduction in regulatory burdens that the Trump administration has managed to achieve in one short year. Under Trump’s leadership, there has been a one-third reduction in the number of pages in last year’s Federal Register compared to Obama’s last year, and the number of rules in the 2017 Federal Register was the lowest since records were first kept in the mid-1970s.”
“The ICR Conference is a unique platform where private and public management teams, institutional investors, sell-side research analysts, investment bankers, private equity professionals and select media connect with one another with the goal of understanding consumer trends and public company prospects as the year begins”, as stated on their website. The 2018 conference has just concluded and here is what Jim Cramer, who attended the gathering, had to say in summary: “The consumer is alive and well and spending. The consumer wants value. The consumer want reliability. And the consumer will pay for it.” Other takeaways: 1.) “…there is a spirit among the purveyors of anything retail that the cutthroat race to the bottom [the first full-priced Christmas since the Great Recession] for so many companies, is over.” 2.) The consumer feels better post the election of Trump. 3.) Companies will still have a ton of money left over even after expansion, because they were high federal taxpayers in 2017 but not in 2018. 4.) For consumers, employment matters, wages matter. Confidence from plentiful jobs and rising wages is inspiring a lot more spending. 5.) E-commerce. Companies feel like they have gotten to the point where they have caught up to Amazon.com when it comes to digitization of their businesses and have now have an e-commerce strategy that works and doesn’t break the bank. 6.) There is a sense among retail companies that the consumer will recognize value when they see it and they will become loyal to the brand.
North Korea’s sole airline is called Air Koryo and it is one of the worst airlines in the world. Air Koryo’s one lone in-flight meal is the “Koryo burger”, which is a piece of mystery meat, topped with processed cheese, a lettuce leaf or sprinkle of cabbage and a runny red sauce. The meal is served ice cold.
According to a study done by the New York City Food Policy Center at Hunter College, the top 3 worst (unhealthy) domestic airline meals come from 1.) Hawaiian Airlines. 2.) Spirit Airlines. 3.) Allegiant Airlines. The top 3 most healthy airline meals are 1.) Delta Airlines. 2.) Virgin America. 3.) Air Canada & Jet Blue. The meal on the Hawaiian Air flight between New York and Honolulu consists of stir-fried chicken with vegetables, fruit, cheese, crackers and AlohaMac Chocolate and clocks in at 1,480 calories.
Airfarewatchdog.com found in a recent 2017 survey, that 92% of travelers said that the air-travel experience “leaves a lot to be desired.” The experience looks like it’s about to get even more aggravating. British Airways has announced that it is removing the capacity for seats to recline on its new A320 and A321neo aircraft. The airline is the first non-budget carrier to join the ranks of “rigid seating” in the ongoing battle for more seat capacity and revenue per mile.
According to NOAA (National Oceanic and Atmospheric Administration), 2017 was not only the third-warmest year on record, but it was also the most expensive in terms of United States disaster losses. The total cost for 1 drought, 2 floods, 1 freeze, 8 severe storms, 3 tropical cyclones and 1 wildfire came to $306 billion. The previous record was for 2005 at $214.8 billion. Hurricanes Irma, Maria and Harvey cost $265 billion and puts them in the top 5 costliest hurricanes on record along with Katrina and Sandy.
Mark Holowesko, fund manager of Templeton Foreign and Templeton Growth: “More energy hits the earth from the sun in one hour than is consumed by the world’s population from power plants in one year.” No wonder it was hot last year.
The city of Seattle, Washington kicked off 2018 with a new sugar tax: 1.75 cents per fluid ounce. At Seattle area Costco stores new price signage details the rip-off: Dr. Pepper (36) 12 oz. cans priced at $9.99 + City of Seattle Sweetened Beverage Recovery Fee @ $7.56, for a grand total of $17.55 per case. Gatorade Frost Variety Pack (35) 16.9 oz. bottles priced at $15.99 + City of Seattle Sweetened Beverage Recovery Fee @ $10.34, for a grand total of $26.33 for the case. Just insane!
The new 2019 Subaru Ascent SUV is a seven-eight passenger vehicle and comes with, count ‘em, 19 cup and bottle holders which works out to a minimum 2.4 beverage holder-to-passenger ratio. Imagine if you owned this SUV in Seattle and all of your passengers climbed onboard with sugary drinks that filled all of the cup holders, it would probably cost more to fill those cupholders than it costs to fill the SUV with gas! Great observation from Blaine Rollins of 361 Capital.
According to an article in the Wall Street Journal, Maine cannot find enough snowplow drivers. The state Department of Transportation has about 50 openings among 700 positions and cannot fill them. To make matters worse, cities like Portland (Maine), hire their own drivers and pay them more and private sector demand for experienced drivers is high. The state also has one of the lowest unemployment rates in the nation at 3.5%.
The Governor of Alabama has announced that Toyota and Mazda will build a final assembly plant in Huntsville, Alabama. The plant, scheduled to open in 2021, will employ 4,000 workers and produce up to 300,000 vehicles per year. The plant could make Alabama the fourth-biggest state in the U.S. when it comes to auto manufacturing.
MoviePass, the movie-ticketing subscription service, says that it now passed over 1.5 million subscribers, up from 1 million just 30 days ago. The company is privately held and owned by Helios and Matheson Analytics.
Celgene has said that it will acquire Impact Biomedicines for $7 billion. Impact Biomedicines has a drug named “Fedratinib” that has shown promise in the treatment of the blood cancer Myelofibrosis.
GoPro has announced that COO Charles Prober will leave the company on February 16th. And in the same announcement, CEO Nick Woodman said that the company has hired JP Morgan to explore a sale of GoPro after a disappointing holiday season that resulted in layoffs of 20% of the workforce.
Sears Holdings, the parent of Sears and Kmart stores, has announced that it will close 100 more stores in 2018. The closings consist of 64 Kmart and 39 Sears stores and should be complete by April of this year.
According to Bloomberg, Fitbit is working on a fitness smart watch for kids as it battles Apple’s push into health tech watches.
Taco Bell reported it will begin selling Nacho Fries for $1 for a limited time starting January 25th. The roll-out comes shortly after the company said it would introduce 20 $1 items in test markets nationwide this year. Taco Bell told CNBC that its $1 menu items generated more than $500 million in sales last year and its $5 boxes generated an additional $1 billion for the brand.
In honor of the legalization of cannabis on January 1st in California, Jack in the Box is teaming up with Snoop Dog’s Merry Jane cannabis site to offer the “Merry Munchie Meal.” A box of the greasy stoner snacks sells for $4.20 (clever pricing) and includes a side that is half curly fries and half onion rings – as well as tacos, 5 Mini Churros, 3 crispy chicken strips, and a drink.
Amazon said that Amazon Alexa will soon be available in headphones, smartwatches and other wearables as Amazon’s Alexa Mobile Accessory Kit will allow device makers to incorporate Alexa into their products. For once Amazon isn’t ahead of the crowd. Bose’s new QC35 headphones have Google Assistant built in, and the Apple Watch has long offered support for Siri.
Amazon introduced Alexa Onboard, a system that allows drivers access Alexa via the car’s infotainment system.
Google reports customers have bought “tens of millions” home devices from them, including its smart speakers and Chromecast TV streaming devices. According to the company, since mid-October, 6.7 million smart speakers have been sold and Google Assistant is now available on 400 million of its devices.
Hulu claims to have closed 2017 with more than 17 million subscribers. That represents 40% growth over the last time the direct-to-consumer media company reported the number of subscribers in 2016.
GBH Insights estimates that technology companies will bring home over $400 billion of cash from overseas in 2018 as a result of the tax reform bill signed into law in December. Apple will represent $200 billion of that amount.
Spotify has announced that it hit 70 million paid subscribers in December. It reached its last key milestone, 60 million paid subs in July. Including the ad-supported free tier, Spotify claims more than 140 million subscribers. The company intends to go public this year.
According to CNBC, Boeing and Brazilian airplane maker Embraer are continuing to work towards a deal. The sticking point: the issue of assuring Brazil’s leadership of the sovereignty of Embraer’s defense business.
Boeing says it capped off a record 2017 by delivering more planes in a year (763) than ever before. The company also said that it booked new orders for 912 commercial aircraft bringing Boeing’s backlog to 5,864 planes, an all-time high.
Target announced same-store sales climbed 3.4% during the holiday season and said that overall sales are on track to grow by 25% in 2018. They also indicated that tax reform legislation should create additional cash flow for 2018 which it will use for capital investment, dividends and share repurchases.
Nordstrom said that its net sales increased by 2.5% during this past holiday season and same-store sales rose 1.2%.
Visa has said that in response to the passage of the tax reform bill, the company will raise the 401(k) match for its employees from 3% of base pay to 5%.
As a result the passed tax reform legislation, Johnson & Johnson said it plans to repatriate $16 billion in overseas cash that will give the company more flexibility for future growth initiatives.
Walmart said that as a result of new tax legislation, it will increase the starting wage for all hourly associates in the U.S. to $11.00. The company also said that it would expand maternity and parental leave benefits and provide a one-time cash bonus for eligible associates of up to $1,000. In another announcement, Walmart said that it plans to close up to 10% of its 561 Sam’s Club stores starting this year. The closures will cost up to 10,000 jobs.
KB Home reports 4th quarter earnings of $0.84 per share on revenue of $1.4 billion, an increase of 17.6% year over year.
Delta Air Lines reports 4th quarter earnings of $0.96 per share on revenue of $10 .25 billion, an increase of 8.4% year over year.
JPMorgan Chase reports 4th quarter earnings of $1.76 per share on revenue of $25.45 billion, an increase of 4.6% year over year.
Wells Fargo reports 4th quarter earnings of $1.16 per share on revenue of $22.15 billion, an increase of 2.4% year over year. The bank also said that 4th quarter earnings were negatively impacted by a $3.25 billion litigation charge. Hmmmm.
Next week: Earnings from: Citigroup, CSX, UnitedHealth, Bank of America/Merrill Lynch, Goldman Sachs, U.S. Bank, Alcoa and Kinder Morgan. Economics reports: Industrial Production for December, Housing Starts for December and the Philadelphia FED Manufacturing Index for January.
WTI crude oil: $64.33 per barrel. 10-year Treasury note: 2.53%. Gold: $1,322 per ounce.
Sources: CNBC, Real Money Pro, 361 Capital, Calafia Beach Pundit, Seeking Alpha, MarketWatch, Bloomberg, Reuters,
Disclosure: This publication shall not constitute an offer to sell or the solicitation of any offer to buy or sell any securities of the companies mentioned. This publication is solely a compilation of recent news releases from the sources cited above.
Ken Beach, President and Managing Partner of Cascade Investment Group, member FINRA & SIPC. Cascade Investment Group is not a tax or legal advisor. You should always consult with your tax advisor or attorney before taking any actions that may have tax consequences.


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Statesville, N.C. — Luxury coach builder L.A. West has announced that the first vehicle has rolled off their assembly line since their brand was relaunched this year. The custom Mercedes-Benz Sprinter was delivered to Nations Bus Sales’ Florida Dealership in St Augustine. The company’s CEO, Chip Osborne, was present for the vehicle’s unveiling.
“When we were approached with the plans for Vern and his team to acquire the McSweeney luxury ground transportation segment, we were delighted,” says Osborne. “The transition has been seamless from both a dealership and end-user standpoint. I was a part of the trajectory that Vern and his team started with McSweeney, and have no doubt that it will continue under the LA West badge.”
L to R: Nation’s Bus CEO Chip Osborne with L.A. West’s Founder Vern Kauffman, Business Manager Paula Sterling, and Vice President of Sales Kevin Kropf as the first Sprinter comes off the builder’s production line.
“Nation’s Bus has been our number one dealer in volume, so it seemed appropriate that they would get that first vehicle, says LA West Founder Vern Kauffman. “We appreciated that Chip Osborne took the time out of his busy schedule to be there when the Sprinter came off the production line. We see this vehicle as a natural continuation of the McSweeney Brand.”
When McSweeney Designs left the luxury ground transportation industry to focus on its core market in performance trucks, Kauffman acquired the inventory, equipment, engineering rights, and warranties from the company. He then revived the L.A. West brand that was dormant since he sold the company to a VC firm in 2005. Kauffman then relocated the McSweeney Designs operation from Birmingham, Ala. to Statesville, N.C.
“We are fortunate to have key production and management personnel from McSweeney that are commuting from Birmingham on a weekly basis,” says Kauffman. “This has helped immensely in accelerating our launch. It saved a great deal of time with training and product development, which would have been a time-consuming process.”
Those making the drive to join Kauffman at L.A. West are Mark Isbell, purchasing manager; Dennis Treadwell, production manager; and Pete Price, line foreman; and Kevin Kropf, vice president of sales, who is a stakeholder in the company.
According to Kauffman, L.A. West’s reboot of the company has put them in an enviable position not common for most new companies entering the industry. “Normally, the biggest challenge is having an adequate sales distribution channel. In this situation, our immediate challenge was getting production set up and underway,” he says. “From a sales standpoint, there’s been 100 percent conversion rate in terms of dealers that represented the McSweeney Brand. In fact, many are expanding their commitment to the LA West brand. We have a nice backlog of orders in terms of sales. It’s a bit of a role reversal in terms of what one might expect from the industry.”
In the coming weeks, L.A. West will be introducing a Ford Transit with a European portal door. Kauffman says that the vehicle is the final stages of the engineering phase and will be introduced in June.
“This is a unit that is brand new to us, and brand new to the industry.”
Founder Vern Kauffman (left) gives Chip Osborne of Nation’s Bus a tour of L.A. West’s new production facility.


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Tesla has yet to release the highly anticipated Tesla Model 3, let alone kick off the production this year. However, Elon Musk came out with another surprise as he reveals that they are working on Tesla Model Y for a 2020 launch.
Elon Musk Announces Tesla Model Y To Debut In 2020
Elon Musk, CEO, and chairman of Tesla has revealed some of the company’s future plans. It has been disclosed that they are planning to produce another SUV in a few years. The Model Y has been slated to release in 2020.
He said that he believes that Tesla has to come up with an idea for Model Y in 2020 or at least some time in late 2019. He added that one million units of the model is quite likely or even more. It has been revealed that it is Tesla’s goal to achieve one-million production units every year.
Tesla Model Y Will Not Share Platform With Tesla Model 3
Musk elaborated that the Tesla Model Y will be smaller than the Model X and it will almost be the same price as the upcoming Tesla Model 3. However, he pointed out that they want to make the Tesla Model Y with a whole new different platform. This came as a surprise because of most automaker companies that use old parts and share platforms from existing models when making new ones so they can save up on the coofs on development and production.
Musk added that the planned Tesla Model Y is one way for them to push efficiency in the future. They are aiming to continue Tesla’s strategy when it comes to manufacturing cars and that is by making them simple. He has already disclosed that they have decided on making the Model Y to have a wiring harness of 100 meters only.


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Disney Stores Relaunched … Brought to You By Your Friendly Apple Store Designers!
The Walt Disney Co. opened the first of its 300 planned revamped Disney Stores this week at The Shops at Montebello complex in Montebello, California. As first announced in October of last year, Disney planned to overhaul its retail chain with the help of Steve Jobs and his team behind the Apple store. The company sought to turn their stores into interactive community playgrounds, even considering re-branding the Disney Store as “Imagination Park.”
What did Steve do? According to the NYT, he provided Disney execs with “access to proprietary information” about the Apple stores’ development and operation and an up-close tour of Apple’s research operation in Cupertino, California? Andy Mooney, chairman of Disney Consumer Products, said: “Dream bigger — that was Steve’s message.”
So how was that reflected in the newly opened 4,800-plus square foot Montebello store?
- The Pixar RIDEMAKERZ area, which allows people to assemble and accessorize their favorite Cars character (why they chose Cars, though–the sole Pixar movie I didn’t like–is beyond me).
- An interactive Disney Princess Castle with a “magic mirror,” in which a Disney princess can be summoned to tell children wearing crowns or holding wands stories.
- Employees will carry miniature receipt printers for mobile checkout.
- In the vein of Apple’s lecture spaces–the chain will offer a communal “theater” pre-loaded with classic and new Disney entertainment, previews, music videos, and more.
- Touchscreen kiosks are also placed around the store which allow customers to browse Disney Store news and products, as well as a 3-D view of the entire store, and share them online via Twitter, Facebook, or the ancient mode of e-mail.
Due to mounting costs and the exit of key executives, Disney licensed most of its stores to other companies in 2004, though they later repurchased about 220 locations in 2008, closing the other hundred locations in the process. So this is an ambitious move on Disney’s part to remain relevant. The Apple mark is evident, with their new emphasis on interactivity and mobility.
20 more stores are expected to launch this year, including in Chicago, Dallas, Tampa, San Diego, San Francisco, and a two-story Time Square location scheduled for November. This development is much welcomed: Identical rows of products sitting still on shelves just doesn’t cut it in the 21st century!
(h/t Bleeding Cool; title image via Business Wire)
Have a tip we should know? [email protected]


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Last week a blog called The Smartphone Champ revealed that even in a non-rooted Nexus smartphone with Google Wallet, a thief can access funds in the Google Wallet prepaid card by wiping Google Wallet settings and attaching the app to a new Google account. This works because Google prepaid cards are stored in the device, not in one's Google Wallet account. Google responded to this discovery by suspending new prepaid cards on Sunday.
Google began re-issuing Google Wallet prepaid cards on Tuesday after the brief suspension, claiming it had fixed the vulnerability.
"Yesterday afternoon, we restored the ability to issue new prepaid cards to the Wallet," wrote Osama Bedier, VP of Google Wallet and Payments, in an updated blog post. "In addition, we issued a fix that prevents an existing prepaid card from being re-provisioned to another user."
"While we’re not aware of any abuse of prepaid cards or the Wallet PIN resulting from these recent reports, we took this step as a precaution to ensure the security of our Wallet customers."
However the "fix" Google found wasn't within the Android OS itself, but in how they're managing Google Wallet. A spokesman told my colleague Neil Rubenking that what's changed is if you wipe your Google Wallet data and want to set it up again, you'll have to go through Google's support team.
Will this end the controversy over recent reports of Google Wallet's insecurities? After hearing the news, Rubin cast further doubt and published another post with specific vulnerabilities – and a proof-of-concept – showing that an attacker can still root a stolen phone and find Google Wallet data stored on teh device. In other words, even if you are wise enough not to root your phone, a thief can root it ex post facto and use your prepaid card.
In real life, no one has fallen victim to the vulnerabilities described above, Google says. In fact very few people are even using Google Wallet; it's only been rated 1,000 times in the Android Market. But as The Register aptly notes, these flaws should not exist in the first place and will only serve to shake "already marginal public confidence in the security of wireless NFC payment systems."
Additional reporting by Neil Rubenking.
For more from Sara, follow her on Twitter @sarapyin.


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I’ve read on a few sites, recently this morning on XDA, that the ITC ban of the importation of HTC devices scheduled to commence in April, is not as effective as many media outlets, as well as Apple, is making it out to be. The two patents that HTC allegedly infringed upon are very basic Android UI features. HTC claims:
“We are gratified that the Commission affirmed the judge’s initial determination on the ‘721 and ‘983 patents, and reversed its decision on the ‘263 patent and partially on the ‘647 patent. We are very pleased with the determination and we respect it. However, the ‘647 patent is a small UI experience and HTC will completely remove it from all of our phones soon.”
So as long as HTC is not understating the judgment and infringement violations, it looks like most US smartphone users will not be prevented from being able to obtain an HTC device come April, so long as HTC complies with the ITC order.
Regardless of the fact that these HTC infractions might be considered “minor,” the bigger picture here is that Apple might be able to successfully go after other Android smartphone manufacturers, such as Motorola, Samsung, and LG, for the same issue. Yes, the manufacturers could rectify the situation fairly easily, but Apple certainly could make it annoying / frustrating for them, particularly by alleging infringements upon any one of its many thousands of patents. Apple has the money to bring cases against Android manufacturers on a daily basis. Once again, this cannot be good for the industry or competition as a whole.
SOURCE: XDA Developers Forums
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