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Pure-play cannabis-infused beverage manufacturer Tinley Beverage Company (CSE: TNY) (OTCQX: TNYBF) recently announced that it has completed the buildout of its permanent bottling facility in Long Beach, California. The company is currently producing its five alcohol-inspired cannabis beverages via a temporary manufacturer, making it one of the only publicly traded companies and the only pure play that now has cannabis beverages in the market.
Tinley’s 20,000-square-foot, state-of-the-art-facility is purpose-built for cannabis beverage production, and the company reported that its line is capable of producing at least one million bottles per month, with a space plan for two additional lines that would accommodate additional formats such as shot bottles and cans. The company’s products currently retail for between $6 and $45 per bottle, suggesting revenue capacity that exceeds $100 million, even if not fully utilized.
Leveraging the experience of its president, Rick Gillis, who was previously the president of the second-largest alcohol distributor in the western U.S. (Young’s Market Company, which generates $3 billion annually in sales), Tinley is offering a suite of beverage-specific DSD services to existing California cannabis distributors. This enables such distributors to offer the additional merchandising and other services that beverage DSD distributors offer that typically aren’t required for other consumer product categories. This enables existing cannabis distributors to offer these additional services without having to invest in a reconfiguration of their sales forces or fleets for beverages.
Another heavy-hitter on Tinley’s team is Ted Zittell, who was previously a president of Cott, which at the time was the third-largest beverage company in the world after Coke and Pepsi. Cott’s core business was offering co-packing, branding and merchandising services to help consumer and lifestyle brands extend their offerings into the cola business. Tinley’s team has done this for 100+ such brands and intends to use the same process for helping mainstream beverage and other consumer brands create cannabis beverages. This service effectively positions Tinley to provide a full-service solution for any such companies that want to create offerings in the cannabis beverage industry.
Completion of Tinley’s production site comes on the heels of the company providing the keynote presentation at the first-ever Cannabis Drinks Expo, which recently took place in San Francisco, California. The expo was organized by the internationally recognized Beverage Trade Network, representing the increasingly mainstream standing of the burgeoning category.
Tinley discussed how the science of infusing cannabis into beverages is no longer a challenge, thanks to the multitude of companies that now offer these solutions on competitive terms. These solutions enable beverage companies to provide consumers with an enjoyable full-flower effect, comparable to vaping, with rapid onset times and no trace of cannabis taste.
With science no longer a challenge, Tinley indicated that the next hurdle is infrastructure. Consumers of mainstream alcohol and health beverages are accustomed to lower prices and elaborate drink shelf merchandising, largely as a result of the extensive beverage infrastructure that has been installed across the country over the past 100 years. Cannabis beverages remain more expensive than comparable single-serve alcohol products like beer and wine coolers, largely because the country’s beverage infrastructure isn’t cannabis-licensed. Further, dispensaries don’t typically give premium shelf space to beverages, given the nascency of the category.
Overcoming the price and merchandising hurdles requires scaled bottling facilities, as well as the addition of the type of merchandising services that are typically provided by traditional beverage DSD distributors. The completion of Tinley’s large-scale, purpose-built bottling and DSD facility solves this problem.
With science and infrastructure now “solved,” Tinley expects 2019 to be a “breakout” year for the cannabis-infused beverage industry. MolsonCoors CEO Mark R. Hunter was quoted as saying that he felt cannabis beverage could grow to 20-30 percent of the cannabis industry. There are a lot of ‘ifs’ to make this happen, but, if science and infrastructure are indeed fully solved as they now appear to be, this large market share might not be that much of a stretch as mainstream consumers seek to enter cannabis without having to smoke.
Hunter’s forecast suggests a $1 billion beverage category growing to $3-5 billion in California alone as the state’s cannabis industry grows (and 10-times that as cannabis becomes legal across the country). At minimum, beverage should hit the 11 percent share that mainstream beverages have in retail stores – the largest single category in grocery stores – which suggests a $300 million to $3 billion opportunity in California. Of course, it requires availability in lounges and other on-premise locations to truly soar (in addition to the at-home channels that are currently available), but these kinds of lounges are rapidly opening up in California and Nevada, and no doubt other states and Canada will follow. On that note, Tinley is well on its way to opening up shop in Canada, where Cott is headquartered, which should attract a whole new wave of visibility and opportunity.
The company indicated that it is committed to remaining a pure-play cannabis beverage company so that it remains an effective vehicle for public market investors looking to participate in this fast-growing subcategory within the cannabis industry. As a pure play, it is unaffected by changes in cultivation, extraction, edibles or other product categories, so its returns should be reflective of the growth that’s expected from beverages. The company’s investors will benefit from economics not only from the company’s own Tinley-branded products, which have received spectacular reviews and awards in their own right, but also from a diversified (and presumably large) lineup of beverages from the company’s co-packing clients.
For more information, visit the company’s website at www.DrinkTinley.com
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BMW China has announced the opening of a new R&D Center with a total area of 70,000 square meters.
FCA US has announced the winners of the 2018 Drive for Design contest. The first three prizes were won by
high school students Eduard Cret, Emily Bryson and Jinho So.
Aston Martin will build a limited run of privately commissioned V12 Vantage V600, inspired by the original 1998 V8 V600.
At the Grand Prix de Monaco Historique Lamborghini brought the restored Marzal prototype, reviving the historic appearance with Prince Rainier III and Price Grace Kelly at the 1967 Monaco GP.
Michelin is introducing a new 26-inch airless radial tire with a designed for use on UTV's.
A set of photos of the prototype designed by Marcello Gandini at Bertone in 1967. The Marzal served as a basis for the Lamborghini Espada.
For the next-generation Q8 Audi has released a teaser sketch and presented a mini-series that will reveal the car before its premiere at the Audi China Brand Summit in Shenzhen.
A set of design sketch renders and photos of the eighth generation Audi A6, officially unveiled at the recent Geneva Show.
Curtiss Motorcycles has revealed an original electric motorbike concept featuring an industrial look that could preview a production model for the year 2020.
Replacing the outgoing V12-engined DB11 as the new flagship of the DB11 range, the DB11 AMR features increased performance as well as exterior and interior enhancements.
The latest model in the AMG GT family is a roadster with a retractable soft top, reaching a top speed of more than 300 km/h.
Kia has released the first images and details on the production Niro EV, featuring an all-electric drivetrain capable of a 450 km range.
General Motors is exploring the use of software based on generative design and AI-driven algorithms to optimize shape and weight of automotive structural components.
A gallery of design sketches, renders and photos from the design process of the Kias Stinger, which was recently awarded the Best of Best title at the 2018 Red Dot Awards.
Aston Martin has confirmed the appointment of Tobias Sühlmann - formerly at Bugatti - as new chief exterior designer.
BMW Group Designworks is developing the interior design of the Virgin Hyperloop One's passenger capsule, which, once built, could reach speeds over 1,000 km/h.
After an extensive testing around the world, Rolls-Royce has revealed its first SUV, the Cullinan, combining luxury with off-road capabilities and advanced technologies.
The special offer reserved to existing users of Rhino ends on May 15: until then it's possible to upgrade to the newly released Rhino 6 at a special discounted price of 395 Euros/USD instead of 495 Euros/USD.

domain: news


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Sony Xperia XA2 Plus is the latest smartphone from the Japanese phone maker’s bandwagon. Announced in London on Wednesday, the handset comes with features such as a 23-megapixel rear camera, a rear-mounted fingerprint sensor, and support for 4K video recording. Colour variants of the Sony Xperia XA2 Plus include Black, Green, Gold, and Silver. While pricing has not been revealed, the handset will be made available in late August 2018. Additionally, a new leather-like style cover stand for the Sony Xperia XA2 Plus has been launched in Black and Silver colour options.
“Our super mid-range line inherits everything we love about the Sony innovations at the premium end of our portfolio,” said Hideyuki Furumi, Executive Deputy President at Sony Mobile Communications. “Xperia XA2 Plus further improves on that with a reimagined 18:9 display, Sony’s Hi-Res Audio and powerful camera technology, to offer a unique content consumption and creation device for consumers at this section of the market.”
Sony Xperia XA2 Plus specifications
The Xperia XA2 Plus comes in single-SIM (Nano) and dual-SIM (Nano) variants, runs Android Oreo out-of-the-box, and sports a 6-inch full-HD+ display with Corning Gorilla Glass 5. It is powered by a Qualcomm Snapdragon 630 SoC, paired with 4GB/ 6GB of RAM. Internal storage variants include 32GB and 64GB, which is expandable via microSD card (up to 400GB).
In the camera department, the Xperia XA2 Plus bears a 23-megapixel rear sensor with Hybrid autofocus, 84-degree wide-angle lens, and support for 4K video recording. On the front, the handset sports an 8-megapixel 120-degree wide-angle sensor with f/2.4 aperture for selfies and video calling. There is a 3,580mAh battery under the hood, with support for Qnovo adaptive charging and Quick Charge 3.0.
Connectivity on the Xperia XA2 Plus includes Wi-Fi, Bluetooth 5.0, NFC, and USB Type-C. There is a fingerprint sensor on the back of the smartphone. Dimensions of the phone are 157x75x9.6mm and weight is 205 grams.
For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and subscribe to our YouTube channel.
Sony Xperia XA2 Plus
- KEY SPECS
Sony Xperia XA1 (Black, 32GB)*Includes Rs. 1,718 cashbackRs.15,461*
Sony Xperia Z5 Dual (Graphite Black, 32GB) –Rs.24,000
Sony Xperia XA1 Plus (Blue, 32GB, 4GB RAM)Rs.21,200


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Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: Kanye West delivered a 10-minute monologue to President Trump in the Oval Office, touching on the abolition of slavery, "male energy," manufacturing, MAGA hats, mental health and hydrogen-powered airplanes. He also name-checked his own brand, Yeezy, in the super-viral speech. West said he looked up to Trump, Ralph Lauren and other "American industry guys," and that Trump had helped inspire him to cut his lucrative collaboration deal with Adidas on his sneaker brand. "You gave me the heart to go to Adidas," West told the president. Read more from Bloomberg News. And also, the White's House has a transcript of their exchange and it even left all of West's four-letter words intact.
Lego + Indiegogo
The tried-and-true way of testing new products is through focus groups and surveys. But Lego just tested one of its new ideas, a toy marketed to adults, by putting it on Indiegogo, the crowdfunding service. The platform is attracting more business from large corporations using it to test whether there's a market for certain new ideas, Ad Age's Adrianne Pasquarelli writes. She adds:


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SoftBank, Sprint, Far EasTone and TBCASoft
Launch Blockchain Consortium for Telecom Carriers Companies succeed in demonstrating cross-carrier payment platform system
September 8, 2017
Far EasTone Telecommunications Co., Ltd.
Japan-based SoftBank Corp. (“SoftBank”), U.S.-based Sprint Corporation (“Sprint”), Taiwan-based Far EasTone Telecommunications Co., Ltd. (“Far EasTone”) and U.S.-based TBCASoft, Inc. (“TBCASoft”) today announced the launch of a new blockchain consortium, the Carrier Blockchain Study Group (“CBSG”). In the future, more telecom carriers will be invited to participate in the CBSG on a global scale. SoftBank, Sprint and TBCASoft also succeeded in demonstrating a cross-carrier payment platform system that uses TBCASoft's innovative blockchain technology.
In February 2017, SoftBank, Sprint and TBCASoft agreed to aim to cooperate in jointly developing blockchain technology for telecom carriers, and commenced a technical trial that connects TBCASoft's blockchain platform to telecom carriers' systems. With Far EasTone newly joining this association, it since developed into a consortium that aims to build a next-generation global cross-carrier blockchain platform and ecosystem. CBSG will promote research and development for the platform with the aim of providing users various services such as secured clearing and settlement, personal authentication, IoT applications, and other services in the future.
SoftBank, Sprint and TBCASoft succeeded in demonstrating cross-carrier top-ups*1, mobile wallet*2 roaming, international remittances and IoT payment on a cross-carrier payment platform system using TBCASoft's blockchain technology that can be integrated with telecom carriers' existing systems. TBCASoft's technology enables a highly secure and versatile global blockchain platform system that can be operated 24/7 at low cost. TBCASoft will be introduced at Sprint's booth at Mobile World Congress Americas, held from September 12 to 14 in San Francisco.
The project connects carriers' telecommunication backend systems. The system eliminates late transactions or transaction failures between telecom carriers. Not only can the system significantly improve existing business operations, but more importantly it also enables various business opportunities for telecom carriers.
“TBCASoft is developing a cross-carrier distributed ledger network consisting of telecom carrier hosted servers running the TBCASoft blockchain platform. We aim to work with global telecom carriers to build a very secure and high-performance blockchain system where disruptive services can be ubiquitously provided to billions of telecom carrier subscribers worldwide.” said Ling Wu, Founder & CEO of TBCASoft, Inc.
“TBCASoft has a sophisticated layered system architecture, SoftBank can successfully integrate our Business Support System and Mobile App servers with TBCASoft blockchain platform in a short period of time at a reasonable cost. SoftBank is satisfied with confirming the implementation and system performance of the TBCASoft's blockchain platform on which value transfer service led by telecom carriers will be operated.” said Mr. Takeshi Fukuizumi, Vice President of SoftBank Corp.
“CBSG is leading the telecommunication industry's understanding and development of blockchain technology. The disruptive potential of blockchain on a global scale will be fully realized when carriers work together and leverage the new platform and ecosystem.” said Doug Garland, Sprint Vice President of Innovation and Partnerships.
“Mobile payment has a huge demand in Asian market, including Taiwan. The TBCASoft blockchain platform provides the solution to reshape the competition in this new business territory by having carriers work together on a distributed ledger system. More importantly, through CBSG Consortium, carriers can join together to fully exploit the potential of blockchain technology for providing global services.” said Mike Lee, Executive Vice President of Far EasTone.
CBSG will soon be inviting global telecom carriers to participate and soon define the requirements of the cross-carrier blockchain platform. The consortium will also function as a working group for telecom carrier members to resolve issues related to technology, business and the regulations of various jurisdictions.
- *1Recharging of a pre-paid phone account
- *2A digital wallet that users can make payment transaction on a mobile device. Users can make payments in merchant stores and settlement through their wallet.
About Far EasTone
Far EasTone Telecommunications (FET) is a leading company in Taiwan that provides telecommunications and digital application services. FET honors “Trustworthy, Agile, Innovative, Collaborative” as its core values. Since its inception in 1997, FET has continued to introduce new products and services utilizing access technologies, including 2G, 3G, 4G, 5G, Wi-Fi, and the first telecom operator in Taiwan to start operating 4.5G/LTE on 2,600MHz band. FET proceeds the pursuit of customer satisfaction and strengthens vertical integration of the ICT industry and secure enterprise cloud services for the business community. More information on http://www.fetnet.net.
About TBCASoft, Inc.
- The information is true and accurate at the time of publication.
Price, specification, contact and other information of products and service may be subjected to change. The information contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.


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To battle flexibly chain forging, which can cost organizations billions of dollars every year, MIT scientists have designed a cryptographic ID label that is sufficiently little to fit on practically any item and check its validness.
A 2018 report from the Organization for Economic Co-activity and Development appraises about $2 trillion worth of fake products will be sold worldwide in 2020. That is awful news for customers and organizations that request parts from various sources worldwide to manufacture items.
Forgers will in general utilize complex courses that incorporate numerous checkpoints, making it trying to confirming their birthplaces and realness. Subsequently, organizations can wind up with impersonation parts. Remote ID labels are getting progressively mainstream for verifying resources as they change hands at every checkpoint. In any case, these labels accompany different size, cost, vitality, and security tradeoffs that limit their latent capacity.
Well known radio-recurrence recognizable proof (RFID) labels, for example, are too huge to even consider fitting on modest items, for example, clinical and mechanical segments, car parts, or silicon chips. RFID labels likewise contain no intense safety efforts. A few labels are worked with encryption plans to secure against cloning and avoid programmers, yet they’re huge and power hungry. Contracting the labels implies surrendering both the recieving wire bundle – which empowers radio-recurrence correspondence – and the capacity to run solid encryption.
In a paper introduced yesterday at the IEEE International Solid-State Circuits Conference (ISSCC), the scientists portray an ID chip that explores each one of those tradeoffs. It’s millimeter-sized and runs on moderately low degrees of intensity provided by photovoltaic diodes. It additionally transmits information at far extents, utilizing a force free “backscatter” method that works at a recurrence multiple times higher than RFIDs. Calculation advancement methods additionally empower the chip to run a well known cryptography plot that ensures secure interchanges utilizing amazingly low vitality.
“We consider it the ‘tag of everything.’ And everything should mean the world,” says co-creator Ruonan Han, a partner educator in the Department of Electrical Engineering and Computer Science and leader of the Terahertz Integrated Electronics Group in the Microsystems Technology Laboratories (MTL). “On the off chance that I need to follow the coordinations of, state, a solitary jolt or tooth embed or silicon chip, current RFID labels don’t empower that. We constructed an ease, minor chip without bundling, batteries, or other outer parts, that stores and transmits touchy information.”
Joining Han on the paper are: graduate understudies Mohamed I. Ibrahim, Muhammad Ibrahim Wasiq Khan, and Chiraag S. Juvekar; previous postdoc partner Wanyeong Jung; previous postdoc Rabia Tugce Yazicigil; and Anantha P. Chandrakasan, who is the dignitary of the MIT School of Engineering and the Vannevar Bush Professor of Electrical Engineering and Computer Science.
The work started as a methods for making better RFID labels. The group needed to get rid of bundling, which makes the labels massive and builds producing cost. They additionally needed correspondence in the high terahertz recurrence among microwave and infrared radiation – around 100 gigahertz and 10 terahertz – that empowers chip coordination of a reception apparatus exhibit and remote interchanges at more prominent peruser separations. At long last, they needed cryptographic conventions in light of the fact that RFID labels can be examined by basically any peruser and transmit their information aimlessly.
Be that as it may, including every one of those capacities would ordinarily require building a genuinely enormous chip. Rather, the specialists thought of “a really huge framework reconciliation,” Ibrahim says, that empowered putting everything on a solid – which means, not layered – silicon chip that was distinctly about 1.6 square millimeters.
One development is a variety of little radio wires that transmit information to and fro by means of backscattering between the tag and peruser. Backscatter, utilized normally in RFID advancements, happens when a tag mirrors an information signal back to a peruser with slight balances that compare to information transmitted. In the analysts’ framework, the radio wires utilize some sign parting and blending strategies to backscatter flags in the terahertz run. Those signs initially associate with the peruser and afterward send information for encryption.
Actualized into the recieving wire exhibit is a “shaft guiding” work, where the reception apparatuses center signs toward a peruser, making them progressively productive, expanding signal quality and range, and diminishing obstruction. This is the principal exhibit of pillar controlling by a backscattering tag, as per the specialists.
Modest openings in the reception apparatuses permit light from the peruser to go through to photodiodes underneath that convert the light into around 1 volt of power. That forces up the chip’s processor, which runs the chip’s “elliptic-bend cryptography” (ECC) conspire. ECC utilizes a blend of private keys (known distinctly to a client) and open keys (spread broadly) to keep interchanges hidden. In the specialists’ framework, the label utilizes a private key and a peruser’s open key to distinguish itself just to legitimate perusers. That implies any spy who doesn’t have the peruser’s private key ought not have the option to distinguish which tag is a piece of the convention by observing only the remote connection.
Advancing the cryptographic code and equipment lets the plan run on a vitality proficient and little processor, Yazicigil says. “It’s constantly a tradeoff,” she says. “In the event that you endure a more powerful financial plan and bigger size, you can incorporate cryptography. Yet, the test is having security in such a little tag with a low-power spending plan.”
Pushing the cutoff points
Presently, the sign range lounges around 5 centimeters, which is viewed as a far-field extend – and takes into consideration helpful utilization of a versatile label scanner. Next, the analysts would like to “push the cutoff points” of the range much further, Ibrahim says. In the long run, they’d like a considerable lot of the labels to ping one peruser situated some place far away in, state, a getting room at a flexibly chain checkpoint. Numerous advantages could then be checked quickly.
“We want to have a peruser as a focal center point that doesn’t need to approach the tag, and every one of these chips can bar steer their signs to converse with that one peruser,” Ibrahim says.
The scientists likewise would like to completely control the chip through the terahertz signals themselves, killing any requirement for photodiodes.
The chips are so little, simple to make, and economical that they can likewise be installed into bigger silicon PC chips, which are particularly well known focuses for falsifying.
“The U.S. semiconductor industry endured $7 billion to $10 billion in misfortunes yearly as a result of fake chips,” Wasiq Khan says. “Our chip can be flawlessly incorporated into other electronic chips for security purposes, so it could have tremendous effect on industry. Our chips cost a couple of pennies each, yet the innovation is inestimable,”


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The annual inkjet user conference will take place in just 10 days in Boca Raton, FL, September 16-18. Over 600 attendees will learn inkjet industry trends and best practices from 75 presenters, with a choice of 5 tracks and over 30 educational sessions.
Boca Raton, Fla. – thINK, an independent community of Canon Solutions America inkjet customers, today announced that thINK Ahead 2019 is at maximum capacity and sponsorships are sold out.
The annual inkjet user conference will take place in just 10 days in Boca Raton, Florida, September 16-18. Over 600 attendees will learn inkjet industry trends and best practices from 75 presenters (50 inkjet press customers and 25 industry analysts and experts) with a choice of 5 tracks and over 30 educational sessions. New this year, thINK attendees can participate in Ask the Expert sessions, led by thINK guest speakers, customers and industry leaders, to take a deeper dive into learning. As an added benefit, Canon Solutions America will continue to offer tours and demos at the Canon Solutions America Customer Experience Center as they have done years prior.
thINK Ahead attendees will also be able to view innovative inkjet best practices on display as part of the second annual Inkjet Innovation Awards, designed to recognize Canon Solutions America inkjet customers who are pushing the boundaries of this game-changing technology.
"Whether attendees have been to a thINK conference before or are a first-timer, the thINK Board has worked hard to ensure that thINK Ahead 2019 will be fresh and exciting for everyone," said Bob Radzis, thINK President and Chief Customer Officer at SG360°.
In addition to a full day of informative sessions, thINK Ahead will feature opening and closing keynotes. "We have two amazing keynotes lined up — opening keynote Adam Markel is a recognized expert in professional and personal reinvention who guides individuals and businesses to capitalize on change and magnify their impact. Our closing keynote, Rorke Denver, has held many titles including Navy SEAL Commander, New York Times Bestselling Author, Leader, and Founder of Ever Onward. He will share Navy SEAL principles to call leaders to take action, to suffer, and to be bold so they can perform at their highest levels," said Victor Bohnert, thINK Executive Director. "The culmination of inspiring keynote speakers, robust educational sessions, customer experience center demos and numerous networking opportunities with peers and partners is sure to have attendees feeling inspired and motivated to take their inkjet business to new levels."
"Once again thINK sponsorships sold out quickly this year, and it is because of this type of partner interest and support that we are able to put together such a powerful conference for the inkjet community. We'd like to acknowledge and thank all of our partners for their continued support," said Todd Roth, thINK Ahead 2019 Conference Chair.


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Ghana's Commissioner for Trade and Tourism, Major R.J.A. Felli, has called on the imminent inaugural?
GV EXT. Chamber of Commerce Building.
SV INT Delegates seated.
LV & CU Mr. Odoi addressing meeting. (3 shots)
SV Guests listen.
LV& CU Major Felli addresses meeting. (2 shots)
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Initials OJP/VS 0.48 OJP/VS 1.03
Script is copyright Reuters Limited. All rights reserved
Background: Ghana's Commissioner for Trade and Tourism, Major R.J.A. Felli, has called on the imminent inaugural meeting of the Federation of West African Chambere of Commerce to organise properly so that it can spearhead the creation of a West African Common market.
Addressing the tenth annual general meeting of the Ghana National Chamber of Commerce, Major Felli said that there was a vital need for countries in West Africa to cooperate and to establish closer trade and economic ties among themselves.
The inaugural meeting of the West African Federation is scheduled to be held in Freetown, Ghana, from November 21st to the 24th.
The tenth annual general meeting was also addressed by the Chamber's President, Mr. G.Y. Odoi.


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Balancing and bug fixes.
The Internet media and search company still hasn't gotten its advertising business on track. All the while, CEO Marissa Mayer looks to be getting more serious about Yahoo's future in search. Will it help?
The carrier lost $2.38 billion in the quarter thanks to charges related to its wireline assets and its brand.
The company now tallies 3.45 million Creative Cloud customers, but the average subscriber is paying less. Adobe says the acquisition of Fotolia should improve its financial picture.
Now that Yahoo has claimed its cash windfall from the Alibaba IPO, Marissa Mayer and company unveil Yahoo's mobile revenue for the first time.
Company's first-quarter profit blew past Wall Street's expectations, due in part to FIFA titles. But it's delaying two highly-anticipated games to ensure success.
CEO Marissa Mayer tells investors they'll share in half the proceeds from Alibaba's blockbuster IPO. Yahoo also plans on holding on to a larger stake in the Chinese e-commerce firm than previously reported.
Gregg Steinhafel steps down in wake of a hack last December that affected as many as 110 million Target customers.
Sprint shows the slowest customer growth out of all the carriers as it continues to work through its painful network upgrade process.
Google has announced the launch of the new ultraportable HP Chromebook 11 at Australian retailers this week for just AU$399.


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In response to a thread on Reddit, Google Search Advocate John Mueller says there’s no inherent SEO advantage to using WordPress compared to coding a website yourself.
A thread in the r/SEO forum asks a familiar question many practitioners run into in their careers.
Is WordPress better for SEO than coding your own website?
Other variations of that question include, “is WordPress better for SEO than Wix,” or, “is WordPress better for SEO than [insert CMS here]?”
No matter how you ask it, the answer is always the same.
WordPress isn’t inherently better for SEO than any other…


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By offering an online marketplace to small and medium enterprises (SMEs), Jet Airways hopes to get business from SME executives who want to fly with it
What does the country’s Mumbai-based full-service carrier, Jet Airways (India) Ltd, hope to achieve by launching an online marketplace for small and medium enterprises (SMEs)?
The move, at first glance, does not reveal any explicit synergy with the airline’s main business. But it appears to be a key part of its digital strategy: to get more small businessmen to fly Jet Airways and collect more data from passengers to glean insights that will boost the airline’s business.
Three years ago, Jet Airways invested in developing a digital platform exclusively for SMEs. Called GlobalLinker, it allowed SMEs to create their online profile to showcase their businesses, products and services and network online with other SMEs. The online platform currently counts about 50,000 SMEs as members, according to Belson Coutinho, vice-president of marketing, e-commerce and innovations at Jet Airways.
The online marketplace is simply the “next step", he said in a recent interview. Coutinho explained that “the idea is to help SMEs make this GlobalLinker platform a one-shop stop". On its part, Jet Airways gets to showcase its own products and services on the GlobalLinker platform which, in turn, gives it “business from SME executives who plan to fly Jet Airways." In addition, the airline gets access to a lot of data from the platform that will give it more insights about customers.
“This vertical (online sales) is contributing significantly to our direct digital revenue," Coutinho said, adding that digital accounts for about “20% of our total revenue". “If you combine the digital revenue from the OTAs (online travel agencies), it will comprise about 45-50% of the total revenue," Coutinho added.
Jet Airways’s annual revenue, at Rs21,552.35 crore in the year ended 31 March 2017, was up 1.82% from Rs21,167.33 crore a year ago. Net profit was Rs390.43 crore, down 66.7% from Rs1,173.56 crore.
Coutinho insists that digital is “anything and everything that transforms a consumer journey using technology". He expects the marketplace, which has been contracted to Mumbai-based information technology (IT) firm DigiVation Digital Solutions Pvt. Ltd, to go live by this year end.
“Companies today are investing in internet-enabled ecosystems to bring the elements of the ecosystem together. We have seen this in e-commerce as well as consumer products," said Sreedhar Prasad, partner, management consulting, KPMG India. “This (the online marketplace) is an interesting move in the airlines space where the sellers come together in an ecosystem. This would help in getting a far wider and deeper control of this ticketing ecosystem as well as possibility of upselling of other services."
The marketplace is just one aspect of Jet Airways’ digital journey that “began almost 12 years ago," according to Coutinho. In Jet Airways, “consumer touchpoints" including jetairways.com, the airline’s mobile app, e-commerce (which includes booking, payments), self-service kiosks, and the social media space—are managed by the e-commerce and digital teams. Digital communication, on the other hand, includes the airline’s strategy around search marketing, search engine optimisation (SEO), re-targeting and campaign management, according to Coutinho.
Jet Airways’ digital strategy comprises two parts. One is the “pure play digital marketing piece" that includes “communication and an engagement-led strategy." For this, Jet Airways relies largely on channels such as Google, Facebook and other social media platforms. The other part of the strategy involves “using real digital technologies to enhance consumer experience across every touchpoint in the journey".
For instance, if you have done your booking on Jet Airways using your Aadhaar number, you can simply swipe your finger at Bengaluru airport, and “it does your fingerprinting and validates your identity and gets you entry. It flashes your picture—at the entry, boarding gate," Coutinho said. Similar is the case in Hyderabad.
Tapping social media
For search engine marketing, Jet Airways uses Google and Facebook. The airlines also uses makes good use of videos. “We thought video would be the best for millennials, and our investment to produce that content has been very successful (18-24 year olds). We have stayed away from Snapchat because I don’t believe it is going to help our objective as a brand. But Instagram is definitely helping us. We also use Facebook, Google, YouTube and Twitter (to respond to complaints, etc.)," Coutinho said, adding that the “basics of our digital strategy remain unchanged: Listen, Engage and Respond".
Jet Airways “uses a sophisticated listening tool called Lithium (from Lithium Technologies Inc.) to get insights and generate responses with the help of machine learning", Coutinho said. A machine learning system, an artificial intelligence tool, does not need explicit programming and can teach itself from mountains of data.
Also, every wing in Jet Airways is represented by a ‘social media champion’ who is not a full-time person but “knows how to handle the sensitivities around social media", according to Coutinho. For instance, if there is a sandstorm or bandh that is delaying the take-off or landing of a flight, it gives the social media person the right insight and helps him or her to respond almost in real time.
Understanding consumer behaviour
Jet Airways also makes efficient use of its core frequent flyer customer relationship management (CRM) database. “We look at transactional data to understand consumer behaviour and based on this, we build segments and personas," Coutinho said. For instance, if the user behaviour suggests family travel, Jet Airways “offers products and deals based on this segment". “For e.g., I can inform such consumers that if they buy excess baggage space online, it is cheaper than if they do that at the airport. For a person who travels overseas often, I can offer insurance," Countinho explains.
To be sure, there are airlines like American Airlines, for instance, that give travellers a digital alert if their bags don’t arrive at the same destination at the same time, according to a 3 August report in Los Angeles Times. Delta Air Lines has a luggage tracking system at the major domestic airports served by it. A conveyor belt fitted with radio frequency identification (RFID) scanners is programmed to stop if a bag is headed for the wrong plane, the report explained.
Southwest Airlines uses a speech analytics tool that allows customer service representatives to understand the nuances of every recorded customer interaction. It also works with US space agency Nasa and uses machine learning algorithms to identify patterns that can improve airline safety.
“We have seen the coming of age of airline social media. However, the misleading ads about cheap fares, the apathetic look at the booking counter, the poor service within the plane itself, and the lack of integration of offline to online are still challenges that the airline industry needs to go through," said Kapil Gupta, CEO of digital agency OMLogic (which also sells a product, Efluencr).
Gupta believes “reputation management" will be key to success of the airlines industry. Since airlines “are a part of the experiences that people have--like somebody visiting home after years", they need to “move their social media strategy into more micro targeting and very specialized messaging versus generic promotions", Gupta says.
Shally Seth contributed to this article.
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Friday March 29, 2019 0 comments
BOULDER -- Seven leading business leaders announced the formation of Hemp Harvest Innovations (HHI, LLC), a game-changing approach to botanical extraction for legal cannabinoids including CBD from the hemp plant.
With patents pending for a proprietary methodology of hemp oil extraction, Hemp Harvest Innovations said it is poised to revolutionize the hemp extraction industry by eliminating chemical solvents, batch processing, and slow processing times.
Jeff Aldred, former CEO of Wild Goose Canning and Wild Goose Engineering in Boulder will lead the company as CEO. By building custom packaging equipment, Wild Goose changed the game for craft brewers and helped them enter wider markets with affordable canning solutions.
After dominating the market, Aldred and his co-founder, Alexis Foreman, sold the company to a private equity firm.
Today, the former leaders of Wild Goose have teamed up with other business leaders to form Hemp Harvest Innovations. With the passage of the recent Farm Bill by Congress, hemp is now legal to grow across the U.S.
Cannabidiol, also known as CBD, is quickly becoming one of the most sought-after components of the cannabis plant. With health benefits and medicinal components, the consumer demand for CBD products has skyrocketed.
However, the supply of CBD is stalled because of a lack of efficient processing solutions available on the market. Current technologies use dangerous solvents and cannot keep up with the scale of the demand for CBD.
“Based on scientific and engineering innovations, Hemp Harvest Innovations transforms traditional hemp oil extraction,” said Steve Bonde, the company’s chief scientist and chief operations officer.
“Our groundbreaking technology eliminates many of the traditional steps in extraction. The result is a faster process with more throughput and decreased cost.”


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The global premium smartphone market has collapsed 8 per cent in the first quarter (Q1) of 2019 as Apple shipments plummeted 20 per cent, a report by Counterpoint Research said on Wednesday.
According to Counterpoint Research’s ‘Market Monitor Service’ report, during the quarter, Samsung ended up with one-fourth of the global premium segment – which is the company’s highest ever share over the past year.
This was also the first time that Samsung launched three devices instead of the usual two in its S series, thus covering wider price points.
China’s technology giant Huawei also captured a double-digit share in the highly-concentrated premium market. Impeccable camera quality, Artificial Intelligence (AI) technology and superior build quality of its flagship mate and P series drove the growth for Huawei during the quarter.
“The trend of users holding onto their iPhones for longer has affected Apple’s shipments. The replacement cycle for iPhones has grown to over three years, on an average, from two years. On the other hand, substantial design changes in the Galaxy S10 series and the better value proposition it offers compared to high-end iPhones helped Samsung close the gap to Apple,” Varun Mishra, Research Analyst, Counterpoint Research said in a statement.
Huawei even surpassed Apple to become the top player in the premium smartphone market in China – a market where the iPhone maker has been struggling.
“The sluggishness of the Chinese market was the other key reason for the decline in the global premium segment,” Mishra added.
Our estimates suggest that almost half of the decline in the global premium segment in Q1 2019 was due to the sluggish Chinese market.
“However, we expect that as 5G begins to commercialize in the future, the premium segment will grow. In 2019 and 2020, all the 5G devices are expected to launch in the premium segment,” noted Mishra. (IANS)
There has been a significant growth in adoption as well as deepening of digital payments across the country, showed the Reserve Bank of India - Digital Payments Index (RBI-DPI) on Wednesday. Accordingly, the index reading for September 2021 rose to 304.06 (index value) from 270.59 in March 2021. "The RBI-DPI Index continues to demonstrate significant growth in adoption and deepening of digital payments across the country," the RBI said in a statement.
Starting from March 2018, the index stood at 153.47 in March 2019, 173.49 in September 2019. This improved to 207.84 in March 2020, 217.74 in September 2020 and further increased to 270.59 in March 2021. Earlier, the RBI had announced construction of the composite index with March 2018 as a base to capture the extent of digitisation of payments across the country.
Starting from March 2018, the index stood at 153.47 in March 2019, 173.49 in September 2019. | Wikimedia Commons
The RBI-DPI comprises of five broad parameters that enable measurement of deepening and penetration of digital payments in the country over different time periods.Notably, these parameters are 'payment enablers', 'payment infrastructure -- demand side factors', 'payment infrastructure -- suppy side factors', 'payment performance' and 'consumer centricity'.Each of these parameters have sub-parameters which, in turn, consist of various measurable indicators. (IANS/ MBI)
(Keywords: adoption, payment, reserve bank of india, infrastructure, growth, march, index, digital, country, parameters)
After an embarrassingly slow start to the crypto new year, the tides of the crypto machine are starting to change and with it, the investors of Avalanche and HUH Token have received some rather spectacular rewards.
The cryptocurrency market this week saw value increases of over 20% and that’s enough to signal to any crypto investor that things are going better in the crypto sphere than last weeks value increase percentages, which, for the most part, were on a downtrend.
But with the spirits of the cryptocurrency community well and truly perked up, it’s no wonder that hungry crypto investors like yourself are looking for the next bonus round of value increases.
What’s So Special About Avalanche?
You might be wondering how two altcoins, like Avalanche and HUH Token, have popped up on your deep search of the crypto sphere and it’s for good reason … these two cryptocurrencies saw an exponential increase in value this week and with it, have driven the crypto community crazy with investment potential.
It seems like the crypto bug has been biting and the crypto sphere is regaining its pre-New Year vigour.
Avalanche the low-cost, eco-friendly programmable smart contracts platform saw an astonishing 3,042% from that point and investors are rejoicing at their before-the-curve investment in an altcoin.
Though if the numbers and investment trends of 2021 are anything to go off, altcoins like Avalanche and HUH Token are becoming the prefered crypto choice for whale investors.
HUH Token are making steps in this direction with their play-to-earn game launching in February.Dailyhodi
Not many currencies saw such a drastic increase of value like Avalanche, and aside from its forward-thinking, inclusive crypto technology, this is one of the abilities that make Avalanche special.
Its continuing growth potential.
Never Heard Of HUH Token, HUH?
Now, this might not be true for the seasoned crypto lover reading this article, however for those of you who are new to the crypto sphere, HUH Token is the altcoin trailblazer that launched a little over a month ago.
Also Read: Will SafeMoon Be Eclipsed By HUH Token?
HUH Token saw an incredible increase and is set to see more value rises over the next month with its 500 wide influencer launch, play-to-earn launch and dropping their presale holders NFTs on the 31st of January.
It’s events like these that often cause value spikes in altcoins and for that reason, HUH holders are more than thrilled with Utimeme.
HUH Token is the blend of blockchain technology and holder-centric values that most investors crave because it allows them to have greater input over what happens to their well-earned money.
Like Avalanche, HUH Token is a currency that wants to bring a new kind of crypto investor to the market, and that’s one from any kind of financial background… HUH Token are making steps in this direction with their play-to-earn game launching in February.
These are some of the reasons that a bonus round for those who missed out on the crypto windfall of January 1st investors, could be around the corner.
Remember, it’s always best to do your research into crypto before investing and you can begin your search by visiting the links below or going to Avalanche and HUH Token websites.
Disclaimer: (This article is sponsored and includes some commercial links)
A three-class action lawsuit has been launched against Meta, Facebook’s parent firm, by Dr. Liza Lovdahl Gormsen at the Competition Appeal Tribunal. The competition law expert is seeking a minimum of $2.3 billion in damages, alleging that Meta have abused their market dominance by exploiting over 44 million users’ data.
Widespread distrust in Facebook ensued following its 2016 scandal with Cambridge Analytica, in which personal data was non-consensually collected from up to 87 million Facebook users. The data was used to bombard users with political advertising and has been attributed to the political victories of Donald Trump and Brexit.
Although Facebook is still up and running, the social networking giant has never seemed to have recovered. The world opened its eyes to how superficially insignificant details, such as user activity, could be exploited by companies to sell products, or hook them in. And enter crypto – opening a Bitcoin account with a pseudonym granted users anonymity, which was further complemented by its decentralized structure. Now, crypto has exploded in popularity and has revolutionized the way we understand finance. However, the interest in crypto is undeniably about investing and trading, not so much social networking. Yet with over 14,000 altcoins in existence, some have expanded beyond the realm of capital – and they’re heading towards the metaverse. Move over, Meta.
HUH have mapped out their vision for the MetHUH on the White Paper.
One such example is HUH Token. Having established itself as the world’s first ‘uti-meme’, HUH first attracted media attention when they skyrocketed 6000% in value within weeks of its first launch on PancakeSwap. Following on from that success, HUH is advancing further down its ambitious roadmap, spanning the likes of NFTs, sentiment tokens and its own app. But ultimately, HUH’s central goal is to create a decentralized metaverse, in which “everybody gains from the data they generate”, as stated on the White Paper. With Meta under fire for unjustly profiteering from users’ data, the MetHUH would surely make social networking more equitable for users.
HUH have mapped out their vision for the MetHUH on the White Paper. Social influencers will be able to communicate with each other and companies that want to cooperate with them without the need for an intermediary in the MetHUH. In addition, the MetHUH will host an NFT social media marketplace where users may bid, auction, and buy NFTs from their favourite social influencers. With the press of a button, social influencers will be able to manufacture NFTs from their own content/media, establish their own price, and then auction these NFTs on the MetHUH. Users can buy, collect, and resell these NFTs within the MetHUH.
Social influencers have their own communities and followings, and the content they provide on social media platforms receives likes and comments from their followers. These figures will be used by HUH to create "Influence Points." This is a number that will be assigned to each social influencer on the MetHUH and used to calculate their NFT value. Their NFT will be more valuable if their Influence Points are higher. When interacting within the MetHUH, users can quickly grasp the importance of a social influencer's NFT.
Influencers and individuals can generate MetHUH Sentiment tokens depending on their content and engagement. These tokens will be exchanged for HUH, with a higher reward for Sentiment, resulting in a healthier and more active society, as well as making social media a safer and friendlier place for all. HUH strives to become the catalyst for constructive societal transformation on the basis that rewards drive behavior.
So, will Meta be left behind in social media history in light of the competitive MetHUH model?
Learn more about HUH Token here:
HUH Official Swap- https://swap.huh.social/
Disclaimer: (This article is sponsored and includes some commercial links)


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A fire outbreak has razed down up to 30 hectares of farmlands in Abia state according to Cocoa Farmers Association of Nigeria (CFAN) reported by Bloomberg.
The fire outbreak could result in a 4% drop in supply and a loss of about 11,000 tons of the chocolate ingredient pod during the mid-crop harvest season. In total, the mid-crop harvest ranges between 280,000 tons to 300,000 tons.
The zonal Chairman of CFAN, John Kalu said, fires in Abia State were caused by farmers setting lands ablaze as a quicker and more cost-effective method of clearing land in preparation for the upcoming planting season.
The situation has been exacerbated by strong winds from the prevailing dry Harmattan weather.
Effects of drop in supply
- The potential drop in output will exacerbate the global supply shortfall exerting pressure on the global prices of the commodity, which have doubled over the past year, reaching a more than 40-year high. This surge comes as growing regions in West Africa, responsible for the majority of global supply, face severe impacts from extreme weather conditions.
- Last week, cocoa futures soared to record levels due to worries about tight global supplies following drought and disease damage to crops in leading West African producers.
- Implied volatility, a crucial measure of options costs, has doubled since mid-January, with a notable premium being paid for calls that safeguard against potential price increases in the coming months.
Nigeria’s cocoa exports
- Cocoa is a major source of foreign exchange to Nigeria and arguably the nation’s biggest agricultural export in recent times.
- According to the Q3, foreign trade report from the NBS, Nigeria earned around N42.24 billion from cocoa export within the period.
- In the first nine months of 2023, Nigeria raked in around N157.77 billion from cocoa exports mainly propelled by a hike in cocoa prices over the global shortfall in supply.


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SAN FRANCISCO (MarketWatch) -- Google's major Internet and media rivals hope to encourage antitrust regulators to close scrutinize Google Inc.'s planned purchase of Internet ad-services firm DoubleClick Inc., according to a media report Sunday.
Now Microsoft Corp.
The planned acquisition will be subject to a review by the Justice Department or Federal Trade Commission, in accordance with standard procedure for acquisitions larger than a certain size, The Journal said.
At issue, said executives at the companies critical of the deal, is that Google already controls the lion's share of the market for Internet-search advertising and related contextual ads; according to the report.
Executives at the media and technology companies have exchanged telephone calls about their concerns and possible strategies for getting regulators to take a tough look at it, The Journal reported, adding that executives at Viacom Inc.
"Google's purchase of DoubleClick combines the two largest providers of online advertising delivery and is going to reduce substantially the market competition on which Web sites rely on to provide advertising," The Journal quoted Brad Smith, Microsoft's general counsel, as saying. Smith said that, taken together, Google and DoubleClick would handle more than 80% of the advertisements served up to third-party Web sites when a user pulls up a page, the Journal reported.
AT&T said it had concerns about antitrust issues with the Google-DoubleClick deal, the Journal said.
"We think it's real important that the antitrust authorities take a real hard look at whether or not this gives Google not only market power but enhances market power they already have," the Journal quoted Jim Cicconi, AT&T's senior executive vice president of external and legislative affair, as saying. Google, "seems to be positioning itself very intentionally in the dominant or controlling position in being the single broker of advertising on the Internet," The Journal said it was told by Cicconi.
The comments come after Google beat out its lead competition for DoubleClick, according to the report. Microsoft, Time Warner and Yahoo had each held acquisition talks with DoubleClick in the weeks leading up to Google's deal, The Journal said, citing unnamed said people familiar with the matter..
"We are confident that this will pass regulatory review," The Journal said it was told by a Google spokesman. In a document with information about the deal Google released Friday, the company said, "We do not believe this acquisition is anti-competitive, as it promotes a vibrant, healthy market for online advertising," according to the report.
The ultimate question for regulators will be whether the Google-DoubleClick combination will substantially lessen competition for Internet advertising, according to The Journal, which added that the FTC and Justice Department couldn't be reached for comment.
New York-based DoubleClick, which serves as a middleman between advertisers, ad agencies and online publishers, has long-standing connections with Web ad buyers. It also makes software that lets advertisers track the effectiveness of their online campaigns.
The acquisition would help Google, which dominates the market for online text ads placed next to search results, boost its efforts to sell more graphics-based display ads.
Buying DoubleClick shows that Google intends to defend its leading role in the online-ad market aggressively, according to Global Equities Research analyst Trip Chowdhry.
"What it tells us is that Google is not going to surrender its position to Microsoft," he said, "It tells us that Google's management team is getting back to focusing on the core business."
Chowdhry was not a fan of Google's $1.65 billion acquisition of video-sharing site YouTube in October, but said that by comparison, DoubleClick operates in "a market that has been validated. It's a real business, with real revenues."
DoubleClick had roughly $150 million in revenue last year, according to The Journal.
Google's co-founder and president, Sergey Brin, said on the conference call that "we've had a lot to keep us busy in search and search advertising. ... As we expand a little bit, we can afford to spend our attention on these adjacent opportunities."
Shares of Google slipped to $465.74 in late trading following announcement of the deal. They closed the regular session little changed at $466.29.
An expensive acquisition
Still, Google is paying a relatively large sum, as the transaction price is equal to most of the company's $3.54 billion cash reserve as of Dec. 31. The depleted cash position will likely put a large dent in Google's investment income in 2007.
Last year, Google generated $2.97 billion in cash from its investment activities and $3.58 billion from operations.
Asked about the large price being paid for DoubleClick, Google Chief Executive Eric Schmidt said on the conference call that Google's board of directors "felt after a detailed financial analysis (that) it's a very good deal for Google and our shareholders."
DoubleClick Chief Executive David Rosenblatt, on the call to discuss the transaction, declined to provide specifics of the takeover talks.
Rosenblatt said that there is a natural fit between his own company and Google. "We're both Internet companies of the same generation (and) there's a lot of employee overlap."
He added that he foresees "very little challenge" in integration.
Still, one analyst cautioned that there is a chance that some of DoubleClick's relationships, especially those with Google rivals such as Yahoo and Warner Inc.'s AOL unit, may go away in the wake of the deal.
"While we believe this deal is more about relationships on the advertiser side, we caution that there is a risk of DoubleClick losing significant relationships on the publisher side as a result," wrote Bank of America analyst Brian Pitz in a note. Yahoo and AOL use DoubleClick's system, he said.
DoubleClick was founded in 1996 and went public in 1998. It had difficulties digesting a series of acquisitions and in late 2004 hired the investment bank Lazard Freres to help it explore strategic alternatives.
In April 2005, when reports first surfaced that the company was in talks to be taken private, DoubleClick reported a first-quarter loss of $917,000, or 1 cent a share.
Seen as a plum for Microsoft
DoubleClick had been the subject of speculation about a possible acquisition. In late March, The Journal reported that DoubleClick's owners were entertaining offers in the range of $2 billion from a handful of companies, including Microsoft. Analysts at that time cheered the prospect of Microsoft acquiring DoubleClick's prowess in the online-advertising market.
Microsoft rolled out new search-ad capabilities last year, but it continues to lose search-ad market share to Google. Microsoft has said that it intends to spend heavily to expand its ad services.
"DoubleClick provides a Web-publishing platform for Internet ads that we believe would provide a boost to (Microsoft)'s online-services ambitions, which have so far been lackluster," A.G. Edwards analyst Kevin Buttigieg wrote to clients shortly after the Journal's report was published.
Spending $2 billion for DoubleClick would have been a cost-effective way for Microsoft to ramp up online efforts, Buttigieg said then, at least compared to Microsoft's rumored interest in acquiring Yahoo to achieve the same goal.
But it is Google that will now possess DoubleClick's technology and online relationships.
Google reports quarterly results on Thursday, April 19. Read the outlook for Google and Yahoo earnings.


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Shaadi.com celebrates 60 lakh success stories
The new campaign highlights success stories that the online matchmaking portal has engineered since its inception in 1996
Shaadi.com has launched a new campaign that celebrates 60 lakh success stories. With this campaign the portal aims to further cement its position as a market leader in the online matchmaking space.
The campaign brings to life the journey of singles from the first meeting right up to the wedding. It also captures key moments in this journey, such as anxious first meetings, late night conversations and awkward introductions with the in-laws.
Shaadi.com takes its viewers through this journey with couples from different walks of life to showcase the diversity in the success stories.
Talking about the campaign, Pamit Anand, VP and Business Head, Shaadi.com, said, “At Shaadi.com we obsessively look at one metric i.e. the number of people who find their life partner with us. We truly believe this reflects the sum total of all our efforts and stands testimony to our legacy. As market leaders it was imperative that we celebrated this milestone. It not only builds credibility for the brand but plays a pivotal role in driving consideration for the matchmaking industry.”
Commenting on the creative thought behind the new television commercial, Abhijit Avasthi of Sideways Consulting, said, “Shaadi.com was keen to bring alive the 6 million success stories they have engendered. While each of the couples reflect the young, independent, global Indian spirit, what really speaks to the heart are the Indian nuances in the film. We wanted single people around the country to relate to these relationship milestones, while at the same time inspire them enough to sign up for this beautiful journey if they haven’t already.”
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)For more updates, be socially connected with us on
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Rumor: BlackBerry will launch Android smartphone with physical keyboard
BlackBerry considering to bring out this fall an Android smartphone with physical keyboard. That report sources within the company to the generally considered reliable Reuters. It would for the first time that BlackBerry switching to Android.
With the release of an Android device BlackBerry wants to show that his BES12 service is capable for firms to secure devices with the operating system of a competitor, writes Reuters. It would be a device with a large touchscreen and sliding physical keyboard, adding the specification looks like a BlackBerry phone a few months ago showed , but where it did not give further details.
Reuters relies on multiple sources within the company, but the BlackBerry step does not confirm, saying instead that it is still committed to its own operating system BlackBerry 10, which appeared from 2013 to BlackBerry devices.
If BlackBerry release a Android smartphone, then it will probably come with the App Store from Amazon. That BlackBerry is already delivering them on devices with its own operating system, which is also compatible with Android apps. Or the Canadian manufacturer after the release of the Android device remains off bringing handsets with BlackBerry 10 is unknown. It would be the first time in years that a well-known manufacturer delivers a high-end Android smartphone with physical keyboard.Viewing:-171
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Dow AgroSciences was the big winner, collecting four awards at the evening ceremony. The other “big six” companies among the prize winners of 2016 were DuPont and Syngenta. View the full list of award winners here.
This year’s Lifetime Achievement award went to Peter Tirosh, the founder of Israeli biopesticide company Stockton. He was a pioneer in several areas of the crop protection market, spending 45 years in the industry. You can read more about Peter's story here.
The European Parliament’s Environment Committee has called for a block on proposals to grant EU import approval to a genetically modified maize line combining five traits from Syngenta and Dow AgroSciences/DuPont.
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


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MySpace enhanced with Skype telephony
SAN FRANCISCO (AFP) - MySpace and Skype announced Tuesday they are meshing social networking with Internet telephony, creating the largest voice-connected online community on Earth.
The partnership comes as MySpace rival Facebook gains ground and Internet telephony pioneer Skype struggles for ways to profit from the technology.
Skype will craft its voice over Internet protocol (VoIP) into MySpace instant messaging software worldwide by December, letting website members easily call each other's computers free of charge.
MySpace says it has 110 million active monthly users and that 220 million people have Skype accounts.
Approximately 25 million MySpace members use its instant messaging service.
MySpace members will be able to link profiles, photos and animated online personae, referred to as "avatars," to the Skype feature.
"Internet calling is the natural next step for how our members communicate with each other," said MySpace chief executive Chris DeWolfe.
The MySpace IM with Skype service will be available to website members in all countries it serves, except Japan, China and Taiwan due to constraints from existing deals.
MySpace users will have the option of using for-fee premium Skype services such as call forwarding, voice mail, and calling from computers to landlines or mobile telephones.
"Wherever people are hanging out on the Internet they should be able to use Skype," Skype director of business development Scott Miller told AFP.
"MySpace is a great hangout so it is a great way to get Skype to people hanging out on MySpace."
Alliance talks date back to before California-based eBay bought Skype and New York-based News Corporation acquired MySpace, according to Smith.
Engineers from the companies began work on the project in July after "all the pieces came together," according to Kyle Brinkman, vice president of product development at MySpace.
"I think it shows our chops a little as far as technology, not to brag, which helps us with our foothold in Silicon Valley," Brinkman told AFP.
Los Angeles-based MySpace opened an office in San Francisco this week to tap into Silicon Valley engineering talent and creativity.
The Skype service built into MySpace will be a test, or beta, version. It will be part of instant messaging software downloaded by new users and be available as an upgrade to existing MySpace IM users.
"The partnership will create the world's largest VoIP community," Smith said.
"It is a natural fit. MySpace has been the place to communicate on Internet while Skype has been the way."
Despite its global popularity, Internet telephony has not become a gold mine for Skype.
Popular online auction firm eBay, which bought Skype two years ago for 2.6 billion dollars, attested to that fact early in October when it devalued the once-darling firm, knocking 1.43 billion dollars off its value.
Analysts interviewed by AFP wondered how Skype can convert its extraordinary global popularity into hard cash and corporate revenue.
Skype fans as far away as China download software that enables them to make telephone calls from one computer to another anywhere in the world for free.
A problem for the company has been that few of those fans use additional for-fee services.
People also prefer combination telephone, Internet, cable television deals offered by major telecommunications companies to relying on Internet telephony firms for long-distance calling, according to iSuppli analyst Steve Rego.
EBay's original plan was to integrate Skype into its online auctions so, for example, sellers and buyers could call each other instantly using their computers.
This course seems to have been abandoned by eBay.
Skype has heavyweight competition in the online telephony arena. Google, Microsoft, and Yahoo have woven VoIP calling into their online messaging services.
From Yahoo! news


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The Ministry of Tourism in Bulgaria has unveiled plans for significant reforms in the tender procedures for beach rentals across the country, aiming to enhance transparency and fairness in the process
Communist-Era Apple II Clones 'Helped Shape Central Europe's IT Sector'
Bulgaria and Romania can partly trace the roots of their current tech boom to the communist years and "the romantic era of home computing", a recent article says.
At the time, Bulgaria and Romania's school curricula "were packed with math, electronics, and physics" due to the need for skilled professionals who could "reverse-engineer" Western technology.
As a result, there was a point when Bulgaria "produced 40% of the computers used in the whole Eastern Bloc", with the sector accounting for 14% of GDP between 1985 and 1990.
"Much of the growth of the tech industry in the two countries is based on the former computer-experimenting kids, now aged in their 30s and 40s, who fell in love with technology at the display of a [Bulgarian] Pravetz or an HC machine [made in Romania]," the article notes. (A Bulgarian entrepreneur has recently sought to revive the brand of Pravetz.)
Some of the computers produced in Bulgaria, however, did not resemble Apple products.
"Sometimes the parameters of our similar products were better than the Western goods," Kiril Boyanov, a computer science academic, is quoted as saying, adding Bulgarian engineers were able to correct some shortcomings of the originals.
The text also mentions Svetozar Georgiev, the co-founder of Telerik, who sold the company to US-based Progress Software for USD 262 M, in one of that year's biggest tech deals in Eastern Europe.
You can read the full article here.
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The prospect of US President Donald Trump's moving closer to Russia has scrambled the strategy of "balancing East and West" used for decades by countries like Bulgaria, the New York Times says.
Bulgarians have benefited a lot from their EU membership, with incomes rising and Brussels overseeing politicians, according to a New York Times piece.
German businesses prefer to trade with Bulgaria rather than invest into the country, an article on DW Bulgaria's website argues.
The truth about Bulgaria and Moldova's presidential elections is "more complicated" and should not be reduced to pro-Russian candidates winning, the Economist says.
President-elect Rumen Radev "struck a chord with voters by attacking the status quo and stressing issues like national security and migration," AFP agency writes after the presidential vote on Sunday.


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1. Treating credit cards as free moneyThe most recent data indicates that the average college student carried a credit card balance of $3,173, and seniors graduated with an average credit debt of more than $4,100, according to Sallie Mae's latest national study of student credit card use. Among those students, 60 percent said they were surprised by how much the balances ballooned, and 40 percent said they charged items they knew they couldn't afford to pay off.
2. Getting too many credit cardsThe average college student had more than four credit cards, according to the Sallie Mae study. But rarely does anyone need multiple credit cards. It's appropriate to have two -- one for primary use and one for backup. Getting a credit card because other accounts are maxed out is often a sign that someone is heading for financial trouble. Maxing out credit cards can hurt one's credit score, a statistic designed to favor those who keep their balance below 30 percent of their credit limit.
3. Paying too much credit card interestOf the students in the Sallie Mae study reporting that they carried credit card debt, only 17 percent said they paid their balances in full every month. With average credit card rates in the double-digits, students should do everything they can to avoid expensive finance charges.
4. Failing to understand the big financial pictureMost undergraduates, 84 percent, reported in the survey that they needed more information on financial management. A third of the students surveyed said they had rarely, if ever, discussed credit cards with their parents. Not surprisingly, those students were also the most likely to be amazed at how fast their balances grew.
Start the dialogue with your kids before they head off to college. Armed with the right information about credit card use and money management, your student can protect their own credit as well as yours.


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Apple’s Homegrown Silicon Emerging in Company’s AI/ML Strategy
Apple's closed environment and in-house hardware and software strategy ensures the company does not have to worry as much as Microsoft or Facebook about building AI factories with a giant battalion of GPUs.
Apple did not talk about its machine learning strategy at last week’s Worldwide Developer Conference where the company revealed a new mixed-reality headset.
Instead, the company talked about how it was building real-world AI features into its devices. The references to AI homed in on one fact: the company is packing more on-device processing capabilities and transformer models to run ML applications.
Apple's control over its software and on-device silicon gives it an advantage in ML and AI delivery. The company is fine-tuning its AI software to its hardware capabilities, which reduces the strain on its data centers to process raw input sent from devices.
"Considering Apple's investment in ML acceleration in Apple Silicon, the strategy appears to prioritize on-device processing, to minimize the amount of data Apple needs to process and store in cloud services," said James Sanders, principal analyst for cloud, infrastructure, and quantum at CCS Insights.
Compare that to Microsoft, which is arming its data centers with GPUs to deliver ML services to client devices, which are largely powered by off-the-shelf hardware.
Apple is using a new transformer model and on-device ML in iOS 17 for features like autocorrect. Apple predicted autocorrect as "state of the art for word prediction, making autocorrect more accurate than ever."
There were also other examples of how Apple is building ML directly into applications.
A new iPhone feature called Suggestions, when enabled, provides suggestions on what memories to include in the Journal application. The on-device feature sounds similar to autocorrect features on mobile devices, but with real-time text input being fed into the on-device ML, which will then provide recommendations.
Apple's scene-stealing Vision Pro headset also uses on-device ML for videoconferencing features. Users can create an animated, but realistic "digital persona" that can represent a user during videoconferences via the mixed reality headset. It is one way to avoid the otherwise real-world appearance of a person wearing a headset, which could be ugly.
The technology uses advanced machine learning techniques to create the digital persona and simulate movement.
"The system uses an advanced encoder-decoder neural network to create your digital persona. This network was trained on a diverse group of thousands of individuals. It delivers a natural representation, which dynamically matches your facial and hand movement," said Mike Rockwell, vice president at Apple, during the speech at WWDC to explain the headset.
Apple also talked about how the homegrown M2 Ultra chip – which is in the outrageously expensive Mac Pro – can "train massive ML workloads, like large transformer models that the most powerful discrete GPU can't even process because it runs out of memory."
To be sure, AI capabilities are already widespread on mobile devices, many of which have neural chips for inferencing. But Apple is not treating AI/ML as a gestalt feature or product, and it is a means by which existing functionality is made better or new functionality is added to existing apps, Sanders said.
Google is also trying to exploit on-device functionality to accelerate AI on client devices. The company has hardware capabilities in its Pixel devices that work with cloud-based AI and ML features. Google in April also announced that it was enabling a protocol called WebGPU – which is the successor to WebGL – to take advantage of hardware resources on client devices for faster AI.
Apple last week detailed a new multimodal transformer model called ByteFormer, which can take in and contextualize audio, video, and other inputs. It transforms audio, visual, or text input into bytes, which enables the development of models which can operate on multiple input modalities. The model was trained on Nvidia A100 GPUs, though it wasn’t clear if the GPUs were in Apple’s data centers.
Sanders said that Apple is exploring generative AI, though it has not been productized yet. Apple maintains a port of Stable Diffusion compatible with the GPU and ML cores of its M-series chips on Mac and iPad. While not feature-complete, it is rather far along, including support for ControlNet and image inpainting, he said.


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Irvine Spectrum Center’s newest tenant is Bristol Farms’ new concept known as Newfound Market that combines a food hall with their signature grocery market.
“It’s the next iteration of the Bristol Farms brand,” says Bristol Farms CEO Adam Caldecott about their newest location which takes up a vacant building on the east side of the Irvine Company-owned retail center.
“We want it to be a foodie destination for the City of Irvine and Southern California.”
To do that, Bristol Farms took the 34,000 square-foot building and separated it into two areas: a food hall with seven of its own chef-created restaurant brands, and a grocery market modeled after their existing location in Newport Beach.
The food hall’s offerings are served in quick-service style, allowing guests to order from restaurants such as a full-service artisan pizzeria and enjoy their meals right inside. “Everything we do is about taste,” says Caldecott. “That’s what makes us different.” The dishes offered are made using local and global ingredients that also can be purchased in the store.
“COVID drove a lot of people to grocery stores, but with the pandemic now waning, people want to go to places and enjoy themselves over a good meal and with good company,” says Caldecott. “We hope that our new market will make space for that.”
Bristol Farms Newfound Market will open at the Irvine Spectrum Center on March 17.


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A new, world-class centre of excellence and innovation for Scottish mountain biking, part-funded by Napier University, has been opened in Glentress in the Borders.
The Mountain Bike Centre of Scotland is a £300,000 multi-use facility which will support businesses undertaking commercial product development projects, testing and launch events for the sport.
In its first two years, the centre aims to help businesses launch five new products or services, drive three development projects, support 25 business start-ups and within five years generate an additional £1.5m in turnover. The centre, the result of a project led by Scottish Enterprise recognises the importance of mountain biking in Scotland.
The most recent economic impact study states that the sport generates around £120m annually for the Scottish economy.


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UK domain registrar Nominet has now sold over six million .co.uk domain names. The milestone was reached when a domain name was sold to Tony Hunt, a builder from Merseyside, according to Nominet.
The wonderfully spelt and, er, retro-designed klassikbuilders.co.uk was registered by the tradesman, who is quoted as saying: "I found that not having a website was restricting the growth of my business. These days people go straight to the internet to find information - even if they are just looking for a local builder."
Nominet says the continued increase in .co.uk registrations indicates that British internet users think that having a .co.uk address is better than a .com. It cites the case of a recent 2,324 user-strong YouGov survey that demonstrated domain purchasers were six times more likely to choose a .uk rather than .com address when looking for information via an internet search engine.
The registrar is also pushing the case for .co.uk as the domains are cheaper to register than their .com 'rivals.'


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NetEnt Partners with Hard Rock New Jersey
NetEnt announced partnership with Hard Rock to supply games to their future online casino. The gaming site will be launched this year, most probably this summer. The operator has already partnered with Gaming Innovation Group (GiG) and is now looking for more partners to get more impressive game library.
The operator has already applied for online gambling license in NJ, but is yet to receive it. Hard Rock will also enter New Jersey land-based gambling industry. Former Trump Taj Mahal will soon turn into their new venue.
NetEnt and Hard Rock are two mammoths of casino industry, and it isn’t surprising that the two have signed the deal. Both companies are delighted to join the forces. NetEnt can offer impressive portfolio of casino hits, some of which are mega popular slots. While thanks to Hard Rock, the developer will strengthen its position in New Jersey.
NetEnt has entered NJ market several years ago, when they partnered with Borgata casino. Later two other major NJ operators, Golden Nugget and Tropicana, integrated NetEnt games. These three gaming sites will be the main competitors of Hard Rock.
Ocean Resorts Casino will be launching their NJ gaming site approximately at the same time as Hard Rock. And some wonder if there’s room left for so many operators. There are currently more than twenty gaming sites.
The market continues to grow, but the growth lost momentum at the end of 2017. Experts say that big brands entering the market can attract new online players. But they also say that it’s likely Hard Rock and Ocean Resorts Casino sites will mostly attract existing players who will leave other operators.


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The first-day stories on the push by Thomas O’Brien, the U.S. Attorney for the Central District of California, to cause a forfeiture of the Mongol trademark raised as many questions as they answered. The government can own a trademark, sure, but what happens when they acquire the mark through forfeiture? Can they turn around and sue the prior owner for infringement? That’d be tough.
But before we get down to business, a refresher: Yesterday, authorities filed a 177-page indictment charging 79 Mongols, a West Coast motorcycle gang, with an assortment of racketeering, drug and money laundering offenses. Prosecutors identified for potential forfeiture, among other things, the Mongols’ trademark, which typically depicts the profile of a Mongolian warrior wearing sunglasses. Forfeiture would follow conviction. O’Brien, the U.S. Attorney, reportedly said: “If the court grants our request . . . then if any law enforcement officer sees a Mongol wearing his patch, he will be authorized to stop that gang member and literally take the jacket right off his back.”
We wish Mr. O’Brien luck with that. In the meantime, we checked in with Kaye Scholer’s Paul Llewellyn, a seasoned trademark lawyer who says he’s never come across anything like this before, to get a sense of how the situation could play out.
“It’s a basic principle of trademark law that you don’t own the trademark divorced from your actual use of the mark,” Llewellyn told us. “In theory, if the government gets the trademark through forfeiture then they could own it if they continue to use it for services covered by the mark. In order to enforce the trademark against an unauthorized user, it would have to show that the unauthorized use is causing a likelihood of confusion.”
So what are the services covered? According to the registration, the services covered are “Association services, namely promoting the interests of persons interested in the recreation of riding motorcycles.”
Llewellyn says: “It’s an odd thing. It would put the government in the business of offering services under that mark. They could start a motorcycle association, I suppose.”


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Amazon cracks down on Prime account sharing
James R | On 05, Aug 2015
Amazon is cracking down on Prime account sharing.
The retailer’s Prime service has become a growing focus for the company in recent years, with a nationwide advertising campaign designed to encourage sign-ups to the scheme. An annual membership costs £79, including free next-day UK delivery, Prime Instant Video, a Kindle lending library and – most recently introduced – Prime Music.
The digital media subscription packages have been increasingly diversified over time, from eBooks and TV and films to music. While each are available separately – Prime Instant Video costs £5.99 a month solo – they are designed to add value to the overall Prime account, which, thanks to the free delivery, often boosts spending on Amazon products.
Amazon, though, has come up against the same problem as Netflix and other subscription services: account sharing.
Research this year by Parks Associates found that 11 per cent of US households share accounts on SVOD services, with 8 per cent using an account held by someone else outside of their home. 5 per cent of Amazon Prime customers share accounts.
As a result, Amazon is losing out on potential revenue from multiple subscribers instead of workmates or friends pooling together for one collective account. It may be a relatively small proportion of its income, but the retailer has already taken action, introducing new limits on account sharing. As of the start of this month, an “Amazon Household” can contain up to six members: two adults, each with their own Amazon account, and up to four children, who don’t need Amazon accounts in order to be a part of the household.
Free trial or paid Amazon Prime members can share certain Amazon Prime benefits with one other adult by forming an “Amazon Household”. The following benefits can be shared between two adult household members: Amazon Prime Delivery Benefits, Prime Instant Video (streaming only) and Kindle Owners’ Lending Library.
“To share content and Amazon Prime benefits, both adult account holders need to authorise each other to use payment cards associated with their Amazon accounts for purchases at Amazon,” explains the retailer.
Amazon Student Prime members (free trial or paid) or invited guests of other Prime members can’t share their benefits, but other types of Amazon Prime members can share eligible benefits with those types of members.
Amazon, though, is not as badly affected as Netflix, which currently sees 11 per cent of its subscribers share accounts with others who do not pay the monthly fee. Netflix has taken its own measures by upping the prices for those hoping to stream on multiple screens at the same time: for two simultaneous streams, a number you could expect from a typical household, it costs £7.49 a month. For four simultaneous streams, a number more associated with larger households, perhaps belonging to students, or those sharing accounts with other people outside of their home address, it costs £8.99 a month.


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Time is now to get a job for holiday season
Shorter days and cooler weather are signs the holiday season is approaching, and that means seasonal jobs are available.
Retailers throughout the area are looking for people to help customers with purchases between now and Christmas. But other companies also are in need of extra help.
For example, there are the folks who make all of that holiday candy. Harry London Chocolates wants to add close to 300 employees on all shifts in the factory on Lauby Road in Green.
Some already have started, but 1-800-Flowers.com, parent company of Harry London/Fanny May, has scheduled a company wide career day this Thursday to find workers who can round out the shifts.
Full-time and part-time workers are needed for production, packaging customer service, data entry and retail jobs at the Green location, said Dannette LaFollette, director of human resources.
There also are 100 openings for the company’s distribution center near Twinsburg, she said. Applicants can visit either facility from 9 a.m. to 4 p.m. Thursday.
“It’s a clean and fun and tasty work environment for everyone,” LaFollette said.
Every year, thousands of people pick up a second or part-time job during the holiday season.
Many folks are looking for extra cash to pay for gifts, wrapping, holiday treats and other extras. Consumers spent an average of $800 on holiday items in 2014, according to data posted at Job-Applictions.com, a locally-based website that helps connect employers and job seekers.
“It’s a huge time of year for retail,” said Doug Crawford, president of Job-Applications.com.
A web search turns up job postings for Macy’s, Gander Mountain, Toys ‘R’ Us, Things Remembered, Kohl’s and other retailers. United Parcel Service also is seeking workers.
It’s estimated that nationwide 750,000 people could be hired for some sort of seasonal job, Crawford said. Most are part-time, entry-level jobs.
Monica Gwin, spokeswoman for Ohio Means Jobs in Stark and Tuscarawas counties, said it’s common for retailers to seek help as the holidays approach. Lowe’s is seeking part-time workers for evening and weekend shifts, while Labor Ready will be at the 30th Street NW office on Tuesday interviewing applicants for retail, picking and packaging and other jobs.
“It’s a job seekers market right now,” Gwin said, adding that companies are looking for qualified workers.
SEASONAL COULD BECOME PERMANENT
LaFollette said the businesses units that make up 1-800-Flowers.com expect to hire 8,500 seasonal workers this year at locations around the country.
The seasonal jobs at the Harry London plant will run out after a period of time, but that likely will run longer than December for some. That’s because after the plant finishes production of Christmas candies, it switches to Valentine’s Day and Easter products.
The job also can serve as a “test drive” for employees and the company, LaFollette said. The company has promoted seasonal workers into permanent full-time positions, she said.
Crawford, of Job-Applications.com, said opportunities are plentiful. “If you’re doing with that seasonal work, it could develop into a full-time job.”
Reach Edd at 330-580-8484 or email@example.com
On Twitter: @epritchardREP


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The release date for the upcoming Crysis Remastered has been leaked, which points to an earlier launch date than expected.
According to a new Xbox One listing for Crysis Remastered on the Microsoft Store, the game is set to launch on July 23 with an approximate size of 7.01GB. It’s currently unknown if it will be released on PC, PS4 and Nintendo Switch at the same time. The listing also features several screenshots from the upcoming remaster, featuring “graphics optimised for a new generation of hardware”.
The release date’s leak comes just days before the launch of the official gameplay trailer for Crysis Remastered. Crytek will premiere the video on July 1 at 5pm BST. The YouTube listing for the video is up now but doesn’t provide any specific details.
Check it out below.
Crytek first announced Crysis Remastered in April, after a series of cryptic April Fool’s Day teasers. The game is being developed with the help of Saber Interactive and will feature high-quality textures, improved art assets as well as “software-based ray tracing”, among other upgrades.
“We are excited to be working on the Crysis franchise again, and to bring all the Crysis fans a remaster worthy of their passion for the game,” Crytek CEO Avni Yerli said back in April. “It’s an exciting opportunity to be able to bring Crysis back […] so that a whole new generation of players can experience the thrill of a battle in the Nanosuit.”


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On the international market, the value of the Chinese yuan has reached an all-time low in comparison to the value of the dollar.
At the current exchange rate, one US dollar can be purchased for 7.24 Yuan. Since the beginning of China’s economic crisis in 2008, this marks the first time that the value of the yuan has declined.
According to the statistics, the typical value of one US dollar in Chinese currency at the end of the previous year was 6.45 yuan.
As a result of the devaluation of the yuan, the People’s Bank of China has lowered the amount of foreign money that must be kept in its institutions. In addition, the central bank has implemented a number of preventative steps in order to stop the further devaluation of the yuan.
As a result of the United States increasing interest rates in order to combat rising inflation, the value of the dollar is increasing throughout worldwide markets. The value of the currency used in several of the world’s most influential countries has been seeing a considerable decline. Just two days ago, the value of the British pound reached a new all-time low in the course of its whole history.
When compared to the dollar, the value of the Malaysian ringgit has likewise reached a new all-time low. In addition, the value of the euro and the Indian rupee has dropped significantly so far this year.