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Glaxo's breaking standard industry practice: saving face or trendsetting?
Written by Alyssa Clark
Causing quite the public stir, GlaxoSmithKline recently released a statement stating that they will no longer be paying scientists or doctors to promote or use their drugs— is this real life? Although this is welcomed news for consumers who can begin to put a little bit of their faith back in modern medicine, from a business perspective the question still remains: is GlaxoSmithKline simply trying to save face after its corruption accusations or is it genuinely looking out for consumer/patient interests by breaking the widely-hated doctor/drug giant relationship?
Regardless to the answer to this question, the fact remains that GlaxoSmithKline, lead producer of popular drugs like Flonase and Tums as well as household products like Aquafresh, is knee deep in trouble overseas. Recently having to pay the largest recorded pharmaceutical industry fine of $3 billion, Glaxo has had its fair share of disappointments this past year. Public opinion being at an all time low for trusting the relationship between doctors/scientists and drug companies, the public is skeptically asking itself whether this company is really trying to be a crusader on behalf of public health or is this simply another publicity ploy to weasel its way back into consumers good graces?
Pay-offs have not been uncommon to the drug lords of the pharma industry, with companies like AstraZeneca, Merck, Pfizer, all having a run in or two with regulatory standards in their respective pasts. These institutions have refused to comment on the recent move by Glaxo, and analysts are predicting that this will actually end up being a “trendsetting move in the pharmaceutical world”.
Underneath Obamacare and the ACA, there has been a 110% increase concerning the public pressure being placed on the pharmaceutical industry, with numerous companies already digging themselves out of holes through pay-offs as listed above. A positive ramification of the ACA now forces all payments and payoffs that doctors receive from drug companies to be publically available; newly elected regulators and politicians are centered around these doctor/pharma relationships, hoping to make significant strides towards reinstating the faith of the public in modern medicine.
Will other pharma companies follow suit to Glaxo’s bold move? How will this trendsetting choice affect sales, profits and public appeal to the everyday consumer?


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Some exciting news coming out of nowhere this evening, as the team at Bethesda Studios has unveiled a teaser for an all-new Fallout TV series, which will be produced by those cool cats over at Amazon Prime.
The Thing was released June 1982, here’s a look at the John Carpenter classic.
On June 20, 1975 Steven Spielberg terrorised the inhabitants of Amity with the release of Jaws.
Johnny Depp, one of the most entertaining and captivating actors in modern cinema is celebrating his fifty-seventh birthday today!
The Goonies never say die, even 35 years after its release.

domain: news


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Oct 27, 2012 at 11:11 | Source: Tech2.com
At the end of the past year, Rockstar had released Grand Theft Auto III for iOS and Android devices in celebration of the tenth anniversary of the game. Now,
Apr 16, 2012 at 16:28 | Source: Tech2.com
Google Androids ability to cater to all segments of society with a slew of high-end to affordable handset range in the Indian market is commendable.
Feb 28, 2012 at 12:10 | Source: Tech2.com
Heres your chance to win tons of Grand Theft Auto merchandise!
Jan 17, 2012 at 12:34 | Source: Tech2.com
If you love fast cars, big explosions and relentless action, these games are for you.
Oct 21, 2011 at 09:33 | Source: Tech2.com
Steam slashes prices on all GTA games as part of GTA IIIs ten year anniversary.
Oct 20, 2011 at 11:03 | Source: Tech2.com
An hour's worth of Counter-Strike: GO footage, a new Battlefield 3 trailer, Uncharted 3's launch trailer and lots more await you in today's video game trailer round up.
Oct 15, 2011 at 10:44 | Source: Tech2.com
Everyones favourite crime simulator coming to handheld platforms this October.


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March 20th 2020
The coronavirus outbreak will affect every economy in Asia in 2020. China has, so far, registered the highest number of cases, and we believe that real GDP growth will stand at only 2.1% this year (down from an estimated 6.1% in 2019). Some economies, such as South Korea and Japan, have also registered a large number of cases, and containment measures will hold back growth, especially as Chinese import demand falls. There are two main channels by which the outbreak is likely to affect Asian economies. The first is weaker tourism inflows, primarily from China; economies with large tourism sectors that attract a high proportion of Chinese tourists include Hong Kong, Taiwan, Thailand, South Korea and Singapore. The second is disruption to supply chains; the economies with the greatest exposure to this factor are Hong Kong, Taiwan, South Korea, the Philippines and Thailand.


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Etisalat Nigeria has filed a law suit against MTN Nigeria to hinder the telecommunications company from further entrenching its dominance in the country.
The law suit is hinged on MTN’s recent acquisition of Visafone, announced in January 2016 but approved back in the last quarter of 2015.
In a statement on Monday, Etisalat said MTN had been declared dominant by the Nigerian Communications Commission (NCC) since 2013, adding that the usage of the 800 Mega Hertz (MHz) spectrum from Visafone would further extend MTN’s dominance.
“You will recall that MTN Nigeria was declared dominant by the Nigerian Communications Commission (NCC) in 2013 and remains dominant in the wholesale leased line and retail voice markets,” the statement read.
“The use of the 800MHz spectrum to deploy broadband services ahead of its competitors, particularly those who prior to MTNs purchase of Visafone, held similar spectrum bands as MTN, will further entrench MTN’s dominance in the Nigerian telecommunications sector.”
Before the acquisition, MTN only operated 900 MHz and 1800 MHz frequency bands, which is also being operated by Etisalat and Airtel who are also using the GSM technology.
According to Reuters, Etisalat said it was in contact with the NCC to understand the logic of its decision to approve the MTN deal despite declaring the South African firm a dominant player in Nigeria’s wholesale and retail voice markets in 2013.
Etisalat currently boasts of a customer base of over 21 million, while MTN has about 60 million users in Nigeria.


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[Invitation] Samsung Galaxy Unpacked 2018
On August 9, Samsung Electronics will welcome a new member to the premium Galaxy family. To celebrate the launch of the upcoming device, the company is hosting the Samsung Galaxy Unpacked event on August 9, 2018. Live streaming of the event will be available at news.samsung.com/us, www.samsungmobilepress.com and www.samsung.com/us.
- Event: Samsung Galaxy UNPACKED 2018
- Date/Time: Thursday, August 9, 2018 @ 11AM US EDT (Doors open at 10AM)
- Venue: Barclays Center, Brooklyn, New York, USA


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Five Temerlin Advertising Institute students created a marketing plan in their Integrated Marketing Communications course that their class client, Amy Kate Gardens, is implementing into their current business plan. The students, Mira Suarsana, Belle Riley, Briana O’Connor, Adella Winder and Leigh Groeschell, were under the direction of Associate Professor Yongjun Sung.
During the Fall semester, five groups of students in the Integrated Marketing Communications Class created a marketing plan for Amy Kate Gardens, a Southlake – based company that helps individuals create personalized miniature gardens and at home parties.
Amy Kate brought in a panel of industry professionals to judge the groups’ presentations and choose a winner. “The winning team was a truly impressive group. They came up with a number of recommendations for Amy Kate. In fact, many of their ideas were immediately incorporated into Amy Kate’s planning,” reports Dr. Sung. “For example, based on their suggestion, Amy Kate did purchase D Mom Magazine for its first advertising this spring. Also, Amy Kate changed its brand positioning based on our students’ analysis. Per their request, Amy Kate hired a professional PR firm to implement their suggestions.”
“We were so impressed with the creativity and depth of knowledge that the SMU Communications students brought to the project,“ says Bill Chinn, an SMU Executive MBA graduate, who owns Amy Kate Gardens.
For more information about Amy Kate Gardens, visit www.amykategardens.com


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Cohesity DataProtect, their backup offering sold through a strategic partnership with AWS on the AWS Cloud, was announced in October. Cohesity is also announcing a second offering, Cohesity SiteContinuity to provide DR as a service, which will soon go into early access preview.
Today, Cohesity is announcing the general availability of Cohesity DataProtect delivered as a Service, the first offering through the comprehensive Data Management as a Service [DMaaS] solution that is the fruit of a strategic collaboration with AWS which was announced in October. The announcement is being made at the virtual AWS re:Invent event.
The Cohesity alliance with AWS involves more than just the solution now going into GA, and the others which are on the way. The collaboration also makes AWS Cohesity’s preferred cloud provider for DMaaS. Amazon also made an equity investment in Cohesity.
“This collaboration with AWS to deliver DMaaS changes the game, in terms of how we can help customers consolidate data more efficiently,” said Doug Ko, Director Product Marketing, Cloud Products and Solutions at Cohesity. “It provides the technology that we have offered in Cohesity DataProtect in a SaaS model. We have had partners lose deals to larger competitors and DMaaS should help them compete more effectively.” Cohesity has itself had a SaaS-based platform of its own for two years in Cohesity Helios, which provides the core technology for the DMaaS, but Helios does not have the market reach or the ecosystem of AWS.
“Customer and partner feedback in the preview of DataProtect on DMaaS has been great,” Ko noted. “It was oversubscribed.”
Cohesity itself began as a hyperconverged backup provider, and over the last two years has added additional services to its platform. The Backup as-a-Service is the initial core of the DMaaS. However, Cohesity and VMware have since announced that VMware workloads will be part of this service, and that is the case as it hits GA.
“We are also now announcing support for Microsoft 365 and SQL, as of Q1 2021,” Ko indicated, while also noting that many other applications will be part of the DMaaS solution going forward.
“Our goal here is not just backup, but to consolidate all data,” he said. “The world is our oyster within the AWS ecosystem. We will deliver on a promise of comprehensive data management, which will include Dev Test, security and compliance, files and objects and more.”
The second Cohesity service which will be available through DMaaS is actually being announced today.
“Cohesity SiteContinuity delivered as a service is our second offering within DMaaS,” Ko said. “It supports automated disaster recovery, with the goal of using the cloud as a DR destination.” It will be soon be available in early access preview.
Pricing for Cohesity DataProtect delivered as a Service is being announced now, and will be capacity based, based on front end TB, which will include data restores. SiteContinuity as a service pricing is still TBA.
For Cohesity’s channel partners, who are the company’s entire route to market, the DMaaS offering will be available through two routes.
“One is the traditional route through distribution, as a prepaid SKU, but it will also be available through the AWS Marketplace,” Ko indicated. “Partners have the choice of either route. Any customer that buys though the AWS Marketplace now gets enterprise discounts, which is a benefit for partners.”
Ko said that the DMaaS offering will provide new opportunities for partners. Some Cohesity partners like Cincinnati-headquartered RoundTower Technologies, which is also a strong AWS partner, will sell through both models.
“AWS also has partners who go through the marketplace alone, and these will be a net-new addition for us,” Ko said.
The DMaaS service is available in the US East and US West AWS zones. The service is available in Canada, but not in the Canadian zone.


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Senators on both sides of the aisle touted the benefits of reforming occupational licensing requirements at a Senate Judiciary hearing on Tuesday, saying the requirements kill jobs, increase income inequality, and reduce choice and innovation for consumers.
The number of occupations affected by licensing has increased over time, leading some to question whether certain jobs should be held to these restrictions.
"There are head-scratching examples of requiring licensure without an obvious reason," Sen. Amy Klobuchar (D., Minn.) said. "Someone should not have to pay fees and pass a multiple-choice test to become a tour guide. Similarly, although hair braiders neither cut hair nor use chemicals, many states require them to obtain a cosmetology license."
Research from the Institute for Justice found that in the 1950s only 5 percent of the workforce was required to obtain a license. Today, that portion has grown to 20 percent.
Sen. Mike Lee (R., Utah) said that there are a growing number of cases where licensing regulations have been expanded so far that they harm competition, leaving consumers with higher prices and less choice.
"The underlying topic of discussion this afternoon is the importance of economic liberty to free and competitive marketplaces as more and more professions become subject to burdensome licensure requirements," Lee said. "This issue has come to involve basic freedom, freedom to work and to provide for one’s family."
"These licensing regimes also impose steep economic costs often with little rational basis to support them," Lee said. "For example, a report from the Institute for Justice notes that the average cosmetologist spends 372 days in training, the average EMT spends only 33."
Klobuchar echoed Lee’s statements, saying unnecessary licensing restrictions can increase both prices and income inequality.
According to testimony from the Institute for Justice, excessive licensing has killed 2.85 million jobs and adversely affects more people than union membership or minimum wage laws.
"These barriers are most harmful for individuals on the first rungs of the income ladder—including, disproportionately, members of racial and ethnic minorities—as those individuals can often least afford to pay the costs of time and money required to obtain a license," the testimony states.
According to critics, proponents of new licensing requirements support it because it reduces competition and makes it harder for new entrants to break into markets.
"Industry insiders frequently lobby legislators and regulators to impose new licensing barriers," the Institute for Justice said. "Existing market participants like licensing because it makes it more difficult for new competition to enter the market. Shielded from normal market pressures, industry insiders can charge consumers higher prices without concern that they will be undercut by lower-cost competitors."
In 2011, the Institute for Justice was involved in a case about the IRS’s imposition of new licensing requirements for tax preparers, who were previously unregulated.
An H&R Block representative said the new requirements would ensure that the company "won’t be competing against people who aren’t regulated and don’t have the same standards as we do." It was later revealed that the IRS official who was central to the regulations was the former CEO of H&R Block.
President Obama’s economic advisor has even admitted that licensing provides a barrier to competition.
"Occupational licensing sometimes functions as an unfair barrier to competition preventing the benefits of our economic growth from reaching the widest range of households and workers," said Jason Furman, economic adviser at the White House.
"Licensing is usually justified on the grounds that it improves quality and protects the public against incompetent or dangerous practitioners," Furman said. "But when consumers choose a florist, a barber, or a decorator, there is considerably less potential harm to the public on the line and it may be easier for consumers to evaluate provider quality on their own."


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With investments of over $1.6 billion, two new unicorns, and two highly-valued companies, it seems like the global crisis has yet to arrive.
Does February mark the end of the investment craze in the Israeli startup ecosystem? Still too soon to tell.
Israeli startup Cecilia.ai launches its robotic bartender at FIU’s Bacardi Center of Excellence [Press Release]
Cecilia.ai partners with FIU’s Bacardi Center of Excellence and will make its debut performance at one of the largest and most well-known food & wine festivals in the U.S.
We packed ourselves and Cecilia.ai to Las Vegas to exhibit and attend the most important tech conference in the world. It was… wow!
No big surprises in the last month of 2021, just the yearly average of $2 billion of total investments, and one of the greatest rounds for a Foodtech company. Nothing unusual.
Cecilia.ai uses artificial intelligence and voice recognition to make 120 cocktails per hour and is planning to shake the food and beverages industry in 2022
Oops… They did it again! These 70 Israeli startups broke a new record and raised more than $3.6 billion in November.
This year is full of surprises and unimaginable numbers, but nothing prepared us for this month.
What do an autonomous mosquito tracker, a company that adds scents to movies, and a foldable electric car all have in common? All of them will be part of the Israeli startup delegation to CES 2022.


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Borouge, a leading provider of sustainable, innovative and value creating plastics solutions, will bring its holistic polyolefin solutions for infrastructure (pipe systems, and power and communication cables), automotive and advanced packaging applications to Chinaplas 2014, Asia’s biggest plastics and rubber trade fair. The show will be held in Shanghai from 23-26 April 2014. Borouge is inviting the plastics industry to visit them at Hall N2, Booth F01, to learn more about how Borouge can help its business partners increase their competitiveness and contribute to the Company’s vision of Shaping the Future with Plastics.
“This show provides a unique opportunity for the Asian market to learn about Borouge’s commitments to investing in production capacity, commercial operations and innovation capabilities,” said Wim Roels, CEO of Borouge’s Marketing & Sales Company. “Together with the most innovative plastic convertors and end-users, we are well prepared to meet Asia market’s booming demands and the specific needs of the market.”
At this year’s Chinaplas, Borouge will also be launching two new exciting innovative polyethylene solutions for the plastic caps and closures market. BorPureTM MB5568 and MB5569 will provide significant performance advantages and cost benefits that will allow brand owners and convertors to use less materials without compromising the integrity and performance of the closures for beverage bottles.
Borouge continues to innovate in the advanced packaging market with differentiated solutions that benefit the value chain. Reflecting this, an interactive “Value Calculator” iPhone and iPad App will also be launched at the exhibition helping customers quantify the environmental and financial impact of choosing Borouge’s materials. Borouge will also highlight its expansion projects that will contribute to increasing its production capacity of polyethylene and polypropylene solutions from the current 2 million to 4.5 million tonnes per year in 2014. This development will provide new value adding plastics solutions for infrastructure, automotive and advanced packaging markets.
Borouge will also organise three informative technical seminars during the show to share its unique plastics innovations:
- Sustainable packaging solutions with cast polypropylene
- Innovative solutions for rigid packaging
- Advanced engineering lightweight solutions for automotive industry
Sustainability is one of the key focal points for the Company at the show, as Borouge is committed to addressing global challenges such as climate change, food preservation, access to fresh water, energy conservation and waste management with innovative plastics solutions. Many of the solutions showcased at Chinaplas this year will show how those solutions help customers to achieve sustainable growth and prosperity.


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Jeff Bezos and Amazon are constantly innovating and creating, making Amazon a threat to nearly every company. As Amazon works in web services and online retailing, while slowly delving into the grocery store market with the recent acquisition of Whole Foods – who can stop them from taking over? Traditional brick and mortar retailers, other than a select few (luxury, Lululemon) that foster an environment in store, are struggling to compete against the following of this giant. Amazon Prime invokes a culture, it makes ordering streamlined and 2-day shipping is the icing on the cake. Furthermore, the introduction of the Amazon “Dash Button” is aligned with their business ideas of making the customer journey easier.
The history of Amazon was built by Jeff Bezos, who didn’t begin churning profits until around the 20th year of Amazon’s creation. Now, with the stock price floating near the $1,200 mark (as of November 28th) and Bezos’s net worth surpassing $100 billion, it doesn’t seem like theres anything that can stop this tech giant. Asian companies such as Alibaba and JD.com, if they delved into US markets, could potentially compete with them – but Amazon’s cult following is so developed. Fighting for the e-commerce market space will be a challenge, and it will take a company with innovative management and a strong core business to take them down.


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Bergamo, Italy -- Italy's imports and exports of plastics and rubber processing machinery continued to show positive trends in the first quarter of 2012, compared with the same period of 2011, with a 17-percent rise in overseas sales, said Assocomaplast, the Italian trade association for manufacturers of plastics and rubber machinery, equipment and moulds.
According to data from ISTAT (the Italian institute for statistics), this rise masks a "moderate slowdown" in extrusion plants and injection moulding machines, whilst exports of moulds and blow-moulding machines showed a positive outlook.
The sector also saw a 22 percent rise in imports, driven by increased purchasing of mould and extruders, according to a 3 July statement from the Italian association.
Looking at the top destinations for Italy's exports, Assocomaplast said Germany showed "considerable growth" (19 percent) to almost Euro 90 million, made up of two thirds moulds.
Conversely, sales to China dipped by 19 percent and the country slipped to third position, with some Euro 34 million, said Assocomaplast.
Sales to France, in second place, rose by 37 percent, to the US by 34 percent, Poland by 30 percent, Brazil 28 percent, and Turkey 17 percent.
For machinery for reactive resins, imports fell slightly to Euro 203 000, while exports rose 3 percent to Euro 8.1 million. For machines for foamed materials, imports were static at Euro865 000, while exports fell 5 percent to Euro 4.93 million."


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White Hat Studios names Whitworth as CEO
Andy Whitworth has been named CEO of White Hat Studios. He brings with him over 19 years of experience in the gaming sector, including C-level and director roles at Entain, NetEnt and SG Digital.
Andy Whitworth said: “Our goal is to become one of the top game suppliers in the US market, bringing not only high-quality content, but also high-quality service to our customers. We have been going at an unprecedented speed, so it was important for us to follow up by carefully selecting the right people and build an industry-leading team at White Hat Studios.
“Combined with an exceptional portfolio of games, including our very own Jackpot Royale mechanic, which will inject life into the current online jackpot offering, as well as massive brands like Ted, Deal or No Deal and many more, we are very confident to hit our ambitious targets and shake up the market.”


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Receivables Performance Management LLC Data Breach Impacts 3.7 Million Consumers – Class Action Investigation
Ahdoot Wolfson is interested in speaking with individuals who received a notification that their sensitive personal information may have been disclosed in a data breach impacting a Washington-based accounts receivable company called Receivables Performance Management LLC (“RPM”).
According to RPM’s breach notification, the company suffered a ransomware attack in 2021, and RPM’s investigation has revealed that cybercriminals may have gained access to the sensitive information of approximately 3.7 million people. RPM has indicated that the information impacted in the incident includes Social Security numbers.
RPM’s failure to protect consumer Social Security numbers and other sensitive information may be a violation of consumer protection and data privacy laws. If you recently received a notice from RPM indicating that you were impacted by the data breach, please fill out the form below and one of our lawyers promptly will contact you.


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Inspired Education, the global premium private school operator, has reached an agreement to acquire AIM-listed online schooling provider Wey Education, in a transaction that values the business above £70 million.
After the deal was announced, Wey Education’s share price climbed 43.1% to 46.5p, slightly below the 47.5p-a-share offer tabled by Inspired.
News of the takeover came hot on the heels of Inspired’s acquisition of online tutoring company Ostaz, which was founded in Lebanon, where Inspired’s founder and chief executive Nadim Nsouli was born.
Inspired’s agreement with Wey Education – which is perhaps the UK’s largest online school and from 2006 to 2010 was led by former Ofsted chair Zenna Atkins – marks its first takeover of a publicly listed business.
Commenting on Inspired’s acquisition of Wey Education, Nsouli said: “We are pleased to receive the recommendation from the Board of Directors for the acquisition of Wey Education, a long-term leader in online education with a strong reputation in the UK and international markets. “We believe this represents an exciting development for both Inspired and Wey, which will support the combined group’s growth nationally and internationally.
“Wey, which is providing a British curriculum education through its online live teaching and learning platform, will now be able to benefit from the support of a global schools group with leading educational experts, strong brand recognition, and premium physical facilities across the globe.”
Global law firm Ashurst is advising Rothschild & Co on the acquisition of Wey Education.
Last year, Inspired announced the launch of King’s College Online, an online-only school that will allow Inspired to enter new markets without requiring a physical presence or brick-and-mortar assets.
Inspired is not the only global school operator pushing into the online schooling space.
In February, Nord Anglia, a rival of Inspired, hired Simon Nelson to set up and lead its new education technology division. Nelson was chief executive of ed tech start-up FutureLearn, launched by the Open University, which has attracted more than 15 million students worldwide to online courses developed in partnership with universities throughout the world.
Inspired was most recently valued at €3.05 billion last June, when Singaporean wealth fund GIC paid €350 million for a 15% stake in the business, as revealed exclusively by this publication.
Date published: 6 April 2021


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While gasoline exports in 2012 remain high by historical standards, this year has yet to see the export growth of the past few years. However, the decrease in gasoline imports into the United States that has accompanied the export increase trend has continued. While the U.S. remains a net gasoline importer, monthly data through the first quarter show the slowest import flows in more than a decade (Figure 1). Notwithstanding the uptick in gasoline imports seen last week, the sluggish import stream into the United States has been confirmed in weekly data as well.
The decline in gasoline imports in 2012 fits into the longer trend, which began midway through the last decade. Based on monthly data for the first quarter of 2012, gasoline imports into the United States averaged 715,000 barrels per day (bbl/d), 114,000 bbl/d (14 percent) lower than during the same period in 2011. This marked the lowest level of imports for the first quarter since 2001. A large factor behind this decline has been sagging gasoline consumption. In the first quarter of 2007, U.S. drivers consumed just over 9.0 million bbl/d of gasoline, a record high for the first three months of the year; in the five years since, consumption has fallen about 450,000 bbl/d (5 percent) to average less than 8.6 million bbl/d for the first quarter of 2012. Supporting the decrease in imports has been the growth in ethanol blending into gasoline, which increased about 440,000 bbl/d between the first quarter of 2007 and 2012. Combining the effects of lower consumption and more ethanol blending, the domestic requirement for petroleum-based gasoline components has fallen almost 900,000 bbl/d since the first quarter of 2007. Imports have dropped about 330,000 bbl/d (32 percent) over the same period.
Import flows are affected by supply and demand conditions for gasoline across international markets; these balances are reflected in geographical price differentials among those markets. Looking at the price differentials between conventional gasoline in New York Harbor, the market hub for the U.S. East Coast, and Europe's Amsterdam-Rotterdam-Antwerp (ARA) hub can provide insight into U.S. import patterns. The East Coast is the largest regional market for U.S. gasoline imports and is important to understanding national import trends. Regional gasoline demand significantly outstrips regional production capacity; on average, 86 percent of U.S. gasoline imports have come into the East Coast in the last ten years.
This year began with fairly robust gasoline imports, as the price for gasoline in New York Harbor averaged a seven-cent premium over the ARA hub for the last ten days of December 2011, opening up the arbitrage window to draw supplies from Europe into the East Coast market. Monthly data for 2012 show U.S. imports of gasoline were 840,000 bbl/d in January, due in part to the trans-Atlantic price differential. However, New York Harbor's premium to ARA shrank to an average of just two cents per gallon during February and March, lessening the incentive to ship discretionary gasoline volumes across the Atlantic. In those two months, U.S. imports of gasoline averaged almost 190,000 bbl/d less than in January, at a time when imports typically begin to ramp up during refinery maintenance season.
Weekly data indicate gasoline imports into the United States have remained sluggish in the second quarter of this year. After falling in February and March, trans-Atlantic price differentials generally have not been strong enough to attract significant discretionary exports to the U.S. market over the past few months. Since the beginning of April, conventional gasoline in New York Harbor has traded, on average, at parity with gasoline in the ARA hub, significantly less than the premium required to pull supplies across the Atlantic. Weekly data show gasoline imports into the East Coast averaged 826,000 bbl/d in the four weeks leading up to June 15, a decrease of about 25 percent compared to 2011. However, this trend is by no means guaranteed to continue. New York Harbor's premium to Europe has firmed somewhat in June, which has resulted in some increased gasoline volumes coming to the United States. For the week ending June 15, U.S. gasoline imports were 988,000 bbl/d, the highest since January. Additionally, the return of the idled Petroplus refineries in Europe could add more gasoline to that market, possibly weighing on ARA spot prices. Meanwhile, while not an immediate concern, the possible closure of Sunoco's Philadelphia refinery on August 1, if no buyer is found, could have the opposite effect on East Coast markets.


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More than two years after a government crackdown on corruption sent Macau gaming stocks tumbling, The Chinese government has unveiled yet another new regulation on the Macau gaming industry that has hit gaming stocks hard. The latest new law cut the daily ATM withdrawal limit in Macau from 10,000 patacas to 5,000 patacas, or roughly $626.
Unfortunately, transparency and predictability has....More>>>
OMB Finishes Review of Fiduciary Rule Delay Request
DOL Moves to Delay Fiduciary Rule
The Dow Jones industrial average surged 300 points to top 21,000 for the first time, the dollar advanced and Treasuries fell as investors grew increasingly confident global economic growth is accelerating, clearing the path for higher interest....More>>>
As discussed in November, Amarin (NASDAQ:AMRN) had a decent chance of exceeding the high end of its net product revenue guidance range, and it has now indicated that it will modestly exceed the upper end of guidance. Net product revenues are expected to be above $125 million for 2016, although boosted by a few million due to changes in channel inventory.
Earlier this year, Stanley Fischer laid down the law to the marketplace. He lambasted markets for their unrealistic pricing. In the great American tradition of Jonathan Edwards, the protestant preacher whose famous sermon “Sinners in the Hands of an Angry God” warned what would happen to those who transgressed, Fischer warned market participants of a year to come much different from....More>>>
An economy begins to grow, picks up steam, peaks, slows down, and eventually contracts. The process is known as the business cycle – an inevitable progression from expansion to recession to renewal and recovery.
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PayPal Holdings, Inc. (NASDAQ: PYPL) reported first quarter financial results after markets closed Wednesday. The company posted $0.44 in earnings per share (EPS) and $2.98 billion in revenue, versus consensus estimates from Thomson Reuters that called for $0.41 in EPS and $2.94 billion in revenue. The same period from last year had $0.37 in EPS and $2.54 billion in revenue.
Big 5 Sporting Goods (NASDAQ:BGFV) is a sporting goods retailer that doesn’t even crack the top 20 U.S. sporting goods retailers1 despite being in business since 1955 and going public almost 15 years ago. Despite little to no growth, no competitive advantage and a single-digit ROI profile, investors have bid up shares to 25x earnings or 9x EV/EBITDA based on a one-time....More>>>
North America's legal marijuana market is expected to soar 145%, from $10 billion in 2017 to $24.5 billion by 2021. With such tremendous profit potential, we're bring you the best marijuana stock to buy this year to help you profit from this booming industry.
For those investors near or in retirement, income remains the primary concern. After all, you need to turn decades of saving into a steady stream of paychecks to get you through your golden years. The problem is, years of zero interest policies have left many traditional income asset classes &m
U.S. stock futures are wavering around even this morning. Wall Street is digesting more political uncertainty out of Washington ahead of a slew of economic reports. Reports emerged yesterday that President Donald Trump has decided to replace national security advisor Lt. Gen. H.R. McMaster after


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The white iPhone 4 is said to be getting an official release date in April – and after multiple delays, we certainly hope this is an assertion that turns out to be correct.
News of the white iPhone 4’s release date comes via Securities analyst Ming-Chi Kuo, who claims Apple will begin production of the almost mythical white iPhone 4 this month.
According to Apple Insider, Apple has made changes to the “film material” used on the inside of the outer-casing that had been causing a “lamination” issue on white models.
But given that the iPhone 5 is expected to launch in June, we have to say that the timing – it’s said to be shipping in April – is a little bizarre.
Either way, we’re sure this little issue won’t stop consumers flocking en masse to purchase the fabled white iPhone 4.


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Shanghai-based investment solution holding ECMOHO focused on the non-medical health and wellness industry is witnessing its MOHO shares soaring 99% in premarket after it announced 15 days ago an increasingly digital marketing efforts to reach continuous positive marketing outcomes and incomes.
Since January 3 MOHO has tried to surge over $0.50 on average of 470,040 shares. The company strives to cooperate with B2C and B2B firms to win a major market in China alone. Three months ago ECMOHO appointed a new independent director Mr. Yuan to the Board of Directors.
In October 2021 Ms. Zoe Wang, Chairman, and CEO of ECMOHO, said: “As a leading online retail service provider in the field of healthcare and medical equipment in China, ECMOHO has been deeply involved in healthcare, medical equipment, and other health-related industries since its establishment. International and domestic brands such as Puritan’s Pride, Centrum, Caltrate, Harbin Pharmaceuticals, Johnson & Johnson, Sperry, Haier Biomedical, Abbott, Omron, and now Bausch + Lomb, have established in-depth strategic partnerships with ECMOHO, where our Company provides invaluable professional health content services, health key opinion leaders (KOL) and key opinion consumers (KOC) professional matrices, as well as, through continuous exploration, in-depth operation of new media and new traffic, which together helps to empower our partner brands’ business growth in China.”
Seeing this kind of announcements MOHO became a shining opportunity to take maximum profit from its penny shares.


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All businesses should spend money and resources on cybersecurity, to protect their operations and ensure a profitable future. But how much should they actually spend?
According to a new report from analysts at Nucleus Research, most organizations either overspend or underspend on cybersecurity solutions. The report proposes a formula businesses can use to determine exactly how much money they should be spending on cybersecurity.
Nucleus states that businesses should not spend money on cybersecurity “based on fear or perceived threats”. Instead, they should consider their worth, the worth of the utility of cybersecurity, the chance of a cyberattack, and the potential cost of the breach.
“Even if an organization has a high risk for a cyber-attack, it isn’t efficient to invest in cybersecurity more than what the organization is worth," the report explains. “By considering investments in cybersecurity as an insurance problem, organizations can justify the optimal amount to spend.”
So for an organization worth $20 million, which risks losing $2 million in a data breach and has a 50 percent chance of being breached, no more than a $1 million should be spent on cybersecurity, the report states. This figure includes IT personnel time, software subscriptions, software maintenance, and loss in productivity.
“Considering a three times revenue model, the organization should not spend more than 15 percent of its revenue,” the report concludes.
- Keep your organization safe with the best business antivirus (opens in new tab) solutions right now


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Last month, General Motors (GM 1.42%) posted strong results for the fourth quarter of 2020. The top U.S. automaker logged an adjusted operating margin of 9.9% and earnings per share of $1.93, easily beating the analyst consensus of $1.60.
Even as it posted excellent results to close out 2020, GM announced somewhat disappointing guidance for 2021. However, in recent years, the company has typically issued very conservative forecasts. Indeed, while GM is tamping down expectations for the coming year, it could beat its guidance by a wide margin.
Expecting flattish earnings
Management is calling for adjusted EPS between $4.50 and $5.25 in 2021. At the midpoint, that would be roughly equal to the company's 2020 adjusted EPS of $4.90. Prior to the earnings report -- when GM revealed its 2021 outlook -- analysts were calling for adjusted EPS of about $5.79 this year.
This projection of flattish EPS is somewhat surprising given the severe impact of the COVID-19 pandemic on the General's results last year. In the first half of 2020, adjusted EPS totaled just $0.13, mainly due to a two-month production shutdown.
GM expects two headwinds to weigh on its earnings this year. First, the global semiconductor shortage has forced it to idle some of its manufacturing plants for over a month. Management estimates that this will reduce the company's 2021 adjusted operating profit by $1.5 billion to $2 billion.
Second, commodity costs are surging. For example, steel prices have roughly doubled over the past six months. Higher commodity prices will boost GM's costs by "a couple of billion dollars," according to CFO Paul Jacobson.
Opportunities for outperformance
Notwithstanding the headwinds from the chip shortage and higher commodity costs, GM's 2021 guidance seems very beatable. With respect to the chip shortage, while General Motors has had to take significant downtime, it has maintained output of its main cash cows: full-size trucks and SUVs. That represents a huge improvement compared to 2020, when it had to halt all production for about two months because of the pandemic.
As for rising commodity costs, GM is working to offset that headwind with other savings. Moreover, between the strength of demand, tight inventory across the industry, and the fact that commodity cost inflation impacts all automakers, General Motors should be able to pass through a lot of its extra costs to customers.
Meanwhile, the continuation of the new-vehicle shortage and -- in all likelihood -- higher new-vehicle prices will keep used vehicle values elevated. Indeed, the Manheim used vehicle value index surged to a new record in February.
Strong used vehicle auction values helped the General's GM Financial subsidiary earn a record profit of $1.04 billion last quarter. For 2021, management expects a $2.5 billion operating profit at GM Financial: solid by historical standards, but well below the Q4 2020 run rate. With used vehicle market conditions likely to remain strong for most if not all of 2021, GM Financial could crush management's full-year target, helping offset some of the other headwinds General Motors faces.
Another case of conservative guidance?
The auto business is inherently volatile. The pandemic has supercharged that tendency over the past year. As a result, it is hard for auto executives to forecast earnings precisely at the outset of a year (or even a quarter). For that reason, GM has tended to issue conservative guidance in recent years, leading to lots of earnings beats.
Most notably, last July, management estimated that GM would earn an adjusted operating profit of $4 billion to $5 billion in the second half of the year. Instead, the company rang up a $5.3 billion adjusted operating profit in the third quarter alone. It followed that up with a $3.7 billion adjusted operating profit last quarter. That gave it a $9 billion adjusted operating profit in the back half of the year: double management's projection.
Of course, investors can't count on that degree of outperformance in 2021. However, GM shareholders shouldn't worry too much about the company's lower-than-expected earnings forecast. Despite facing new headwinds, the General is likely to post strong earnings growth this year.


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Gap to close 200 stores
By the end of its fiscal year 2011, Gap expects to close 125 stores in North America. But the strategy behind such move was made clear: the giant American retailer wants to shift focus to outlets, online sales and global expansion. At a conference organised by the Bank of America Meryll Lynch, Glenn Murphy, Gap Inc.'s CEO, explained that the recession showed that there is no point in being in every single shopping centre, but Gap remains present where its footprint is necessary.
Glenn Murphy, Gap Inc.'s CEO, confirmed multiple store closures
Glenn Murphy also expects online sales, which today account for 9% of the total, to increase to 15% during this time, thanks to the development of the Gap Inc brands’ websites, as well as of its multibrand website Piperlime.
In addition to the retailing strategy, Glenn Murphy also spoke of the group’s new goal to broaden its clientele base. “Our clients fall more or less between the ages of 25 and 35. From 25 to 30, our portion of the market is below what we would like it to be. And there is also a question of diversity. In the USA in particular, we do not dominate certain parts of the market as much as we should, such as African-American, Hispanic and Asian communities”. In order to rectify the situation, Gap Inc. intends to make use of its new ‘Fast pipeline’ distribution system, which allows the brand to react faster to new trends.
Another growth strategy on which the group seems to be pinning high hopes is international development. After having entered the Chinese and Italian markets in 2010, Gap Inc has declared its ambitions: the group announced between 12 and 15 planned boutique openings in China for this year, as well as the first ever Old Navy store to be built outside of the US, expected in Japan in 2012.
According to the group, its Gap and Banana Republic franchises are booming and currently represent a strong growth enginefor them, especially in Russia and Australia. In Europe, the group intends to enter new markets (without specifying which), and plans to open a Banana Republic store on the Champs Elysées Avenue by September. However, the CNAC still has to give its consent to the project.
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Samsung is the name of a mobile brand. It becomes so popular in the market. Basically, it is a Korean company. Samsung starts mass production of next-gen 16 GB LPDDR5 RAM. It is a piece of good news.
Samsung started Mass Production of next-gen 16 GB LPDDR5 RAM after five months. Samsung has started manufacturing its 16GB of RAM. The factory is in Pyeongtaek.
The company announced so many smartphones last year and this year also. Many of the products were successful. It grows its business very well. The company announced on its website that the new package is built on the second-gen 10nm process and offers 5,500Mb/s data transfer speed.
Samsung Starts Mass Production of next-gen 16 GB LPDDR5 RAM
The platform consists of eight 12-gigabit chips and four 8-gigabit chips. The chips are providing twice the DRAM capacity found in many higher-end laptops. Samsung is increasing demand for power, performance, speed, enhance 5G and AI features like smart photography.
It also announced plans to mass-produce 16 Gb LPDDR5 products built on its third-generation 10nm-class (1z) process. The product would up the data transfer speed to 6,400 Mb/s.
Thanks for being with us. We are coming up next with another post. Till then be happy and stay tuned.


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New project aims to track poisonous food back to the farm
By Steve LambertNews
25, 2008, Winnipeg–A pilot project in Manitoba has shown that is possible to
track food backward from the store to the farm.
This could be invaluable in the event of another food-borne
The project was a joint effort between the province, computer
company IBM and 16 farmers, processing plants, truckers and retail stores.
Dr. Wayne Lees, Manitoba's chief
veterinary officer, explained Monday that expanding on the success of the pilot
project would require a move away from a paper trail and toward a computerized one.
Currently, a cow can go through dozens of hands on its way to the
slaughterhouse, butcher and grocery store, and everyone along the way may have
a different system of record-keeping. It can be even more complicated for other
foods such as vegetables, which are not individually tagged.
Officials are aiming to make the new
tracking system precise enough to follow a piece of broccoli, a carrot or other
item between the store where it is sold and the farm where it originated.
“The problem is, a lot of the
information in the food supply chain currently is being kept, unfortunately, (with)
paper and pen, and therefore not accessible in an emergency and also subject to
error and loss,” said Susan Wilkinson of IBM.
For the new system to work, everyone
in the food
supply chain would have to agree to store and share key information by
computer. Federal or provincial food agencies responding to a disease
outbreak could then instantly access the data, determine what other food
products might be tainted, and quickly have them pulled off store shelves.
Such a system would be valuable in a
case such as the listeriosis outbreak traced to a Maple Leaf Foods processing
plant in Toronto. The outbreak was linked to 20 deaths across Canada last
summer. The planned tracing system would not only track foods back to plants,
but would also quickly reveal the various producers, truckers and others who
handled the food.
However, getting farmers, truckers,
storekeepers and other to agree on a common system may take time.
“I liken traceability to building
the national railway system,” Lees said. “It had to go across all kinds of
different terrain and it had to go across all kinds of different jurisdictions
… but with collective will, you can do it.”
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In February 2003, Alamar Associates presented the U.S.-Cuba Business Summit in Havana and Cancun.
Read what the press had to say about it
"Fidel Castro meets with more than 100 Americans before leaving for Asia"
HAVANA (AP) - Dressed in black suit and tie and occasionally checking his wristwatch, President Fidel Castro left his Asia-bound plane waiting almost four hours to the tarmac late Wednesday so he could chat with more than 100 visiting Americans.
American farm representatives in town for a U.S.-Cuba business summit and a group of women business leaders from Seattle, Washington, gathered in Havana's Conventions Palace Wednesday evening for a lively question and answer session with the communist leader, participants in the meeting said Thursday.
"He kept saying: 'I have to go, I have to go,' but I don't think he wanted to leave!" said Jeri Rice, board member of the Center for Women & Democracy at the University of Washington. "He was really enjoying himself."
"A package of news briefs from the Caribbean"
HAVANA (AP) - Cuban officials are negotiating tens of millions of dollars worth ofnew food purchases with American farm representatives who attended a U.S.-Cuba Business Conference this week, the head of the island's food import concern said Wednesday.
Seated from left: Senator Maria Cantwell from Washington, President Castro, and Kirby Jones (Juanita Vera, translator, standing) at February, 2003, U.S.-Cuba Business Conference in Havana.
"Cuba negotiating to buy millions in U.S. farm products"
HAVANA (AP) - Cuban officials are negotiating tens of millions of dollars worth of new food purchases with American farm representatives who attended a U.S.-Cuba Business Conference this week, the head of the island's food import concern said Wednesday.
Pedro Alvarez, president of Cuba's food import-export company Alimport, told reporters that contract details were being worked out and would be announced in the coming days.
"Every day there is more interest for normalizing commercial relations and travel," Alvarez said, referring to the restrictions that still remain on most American trade with and travel to the communist-run island. "This event was truly successful."
President Fidel Castro, Kirby Jones, and Senator Kent Conrad of North Dakota together in Havana at February, 2003, U.S.-Cuba Business Conference.
"[Sen. Kent] Conrad arrives in Cuba on trade visit"
WASHINGTON (AP) - Opening U.S. markets to Cuba could hurt sugar-beet farmers already facing poor prices and hamper struggling sugar production in Cuba, Sen. Kent Conrad says.
Conrad, D-N.D., supports open trade with Cuba and is there this week to meet with government and trade officials.
Conrad said Cuba has closed 70 sugar mills because of poor international prices. He will discuss how trade between the United States and Cuba could be opened in a way that doesn't hurt the sugar market when he meets with Cuban officials who work in the country's sugar industry on Friday.


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Posted 10/14/2013 at 1:20 PM
Posted 4 years ago
Facebook is dipping into exotic locales as it has acquired Israeli startup Onavo, insiders are saying, for as much as $200 million.
Onavo can be credited for developing Insights, a market intelligence service that purposefully shows market share and active usage of apps. It is what best can be described as a ‘little data’ system that shows how people use their devices. Going from a premium to freemium model has been an interesting move by Onavo. Onavo’s data compression app is being used by hundreds of thousands of people. With Facebook working with Onavo, the numbers of users will shoot up, most likely, into millions.
Onavo’s Tel-Aviv office will remain open for business and in turn will become Facebook’s new Israeli office. The research and development arm in Israel will answer the long-in-the-tooth question of when Facebook was going to have a presence in that key country.


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On May 26th,
While House of Cards created a lot of buzz for Netflix's new original content offerings, it was a show that really didn't have much of a following before it hit the streaming service. Sure there were fans of the British series who wanted to see Kevin Spacey's take on the lead role, but for the most part, people were as interested in the show as they would be for any new network drama and there was a real chance that (like with many network shows) the initial curiosity wouldn't translate into sustained viewership.
That didn't happen with House of Cards and there doesn't seem to be much risk of it happening with Arrested Development. The show, which aired for three season on
As if those fans weren't already riled up enough, Netflix has been touring the country with a Bluth Banana Stand (a beloved touch point from the show) and fans have been lining up for hours to get a frozen banana and a photo outside of the stand.
BTIG analyst Richard Greenfield spoke to 427 of those patient fans over two days in New York to get their thoughts on Netflix. You can read his whole report here (subscription required). He found that 86% of the people in line were already Netflix subscribers and the majority were under the age of 35. Most of those who weren't already subscribers said they would likely sign up in order to watch Arrested Development. Greenfield believes the show could have a larger impact on subscriber growth than House of Cards did in Q1. (You can see a video Greenfield made of the crowds at the New York City banana stand here.)
The intense excitement around Arrested Development will do an enormous amount of good for Netflix's brand. It's hard to believe that less than two years ago Netflix was almost written off as dead because of CEO Reed Hasting's decision to split the company into two separate parts, one for streaming and one for DVD delivery. The stock is now trading close to its 12-month high of $245 per share and seems fairly unstoppable.
Although plenty of other companies are moving into the original content business, few are having the success of Netflix. Amazon recently debuted 14 shows on its streaming service with the idea that viewers get to chose which of the pilots go to series. Can you name any of those shows? Probably not. Despite the presence of stars like John Goodman and Jeffrey Tambor (who is also on Arrested Development), the shows created almost no buzz at all.
Unfortunately for Netflix, there aren't many shows like Arrested Development. Sure there are hits that were canceled too soon and that people would love to see brought back (Freaks & Geeks comes to mind), but reuniting a cast and the creators is an incredibly difficult task. Netflix was lucky to pull it off for Arrested Development but I wouldn't expect this to be a trend. Netflix's next big original show is Orange is the New Black, about a young woman who goes to prison. Netflix's hope: Come for the Arrested Development, stay for the prison show.
Follow me on Twitter at DorothyatForbes.


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Google’s ATAP group is responsible for some of the company’s most forward-looking technologies, like the touch-sensitive fabric known as Project Jacquard. Google partnered with Levi’s two years ago to launch a custom denim jacket, and now there are two more outerwear options.
The United States Army Research Office has awarded $855,000 to develop new 4d printing applications. The idea is to embed smart materials that can respond to something like a light, charge, or temperature, within a matrix of hydrogel that is made of even intelligent material. Camouflage, temperature regulation, or structural protection might then be achieved not by changing into new gear, but rather by changing the gear you already have on.
Talent and training may create Olympic athletes, but high-tech plays an increasing role in determining which of them will emerge victorious and take home the Gold medals for their countries.
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That doesn’t mean that progress isn’t being made, though.
While the four major U.S. carriers are the companies that will most often pop up upon searching “5G,” there’s another company that could be even more important than the rest: Qualcomm. After all, it doesn’t matter how much money Verizon and friends invest in 5G if our devices can’t connect to it — and that’s where Qualcomm’s chips will be more important than ever.
More: AT&T gets serious about 5G with the deployment of test networks in Austin and Indianapolis
According to Qualcomm, we’ve been thinking about 5G all wrong.
The tech behind that extra ‘G’
Implementing such a system will be no small feat, but it could piggyback on a slew of other technologies that are already available to consumers. Reports on how 5G will replace Wi-Fi have been surfacing for quite some time, but the truth is a little less dramatic. Wi-Fi will be an important aspect of
According to Qualcomm’s vision, 5G will be “one integrated system” that includes the tech used in Wi-Fi, the tech used in 4G LTE, and a new technology that will be used in the currently unlicensed spectrum. In other words, while plenty of rumors and reports have hinted at
More: We may not need 5G Speeds by 2020: Here’s Why
That’s not to say that millimeter wave tech isn’t an important aspect of 5G and how it works — just that millimeter waves aren’t the whole
5G NR is essentially the name given to the new technology that will be needed to implement a new wave of super high-speed data connections. This “new radio” will utilize a wide range of spectrum, including mid bands from 1GHz to 6GHz and the much higher “millimeter waves.” While the tech is still in its early stages, part of Qualcomm’s new
Then there’s the other end of things: the tech in your smartphone, which, as you might expect, Qualcomm also wants to play a big part in. The company even announced the Snapdragon X50 last year — the world’s first 5G modem — which Qualcomm says is capable of download speeds of up to 5Gbps and will be available at some point in 2018.
Don’t forget about LTE
5G isn’t going to replace 4G LTE. After all, when you don’t have access to a
Gigabit LTE comes with its own technical challenges, which can be overcome by Qualcomm’s new X20 modem … at least in part. In fact, some networks already offer Gigabit LTE — namely Telstra, an Australian carrier that began offering the new speeds late last year. It’s expected that most carriers will begin launching Gigabit LTE when enough smartphones have the X20 modem.
It’s no coincidence that Qualcomm is keeping at least some of its focus on LTE. The high-speed standard could play a huge role in the massive expected uptick in IoT device set to ship over the next few years. Qualcomm is expecting to see an IoT boom and has even announced its first LTE-capable IoT chip, the Snapdragon 210.
So 5G is fast — what’s the point?
5G isn’t just about faster speeds; it’s about enabling new technologies and a more connected world. A big part of this will actually be something you may not have thought of — what come companies are calling “mission-critical services.” That includes things like medical devices, smart cities, and even connected cars.
We’re not talking about cars that are essentially a mobile hotspot, but rather, connected cars that can talk to each other, something that could save millions of lives. This development goes hand-in-hand with the self-driving car revolution. Cars could, as Qualcomm explains, alert others behind it of a blockage on the road, or alert cars of an action that they need to take — something that could prevent thousands of accidents every year.
More: BMW smart car becomes a temporary holding cell for thief who allegedly stole it
While vehicle-to-vehicle technology, called V2V, is a big deal, vehicle-to-everything else, or V2X technology could be equally as important. Cars could communicate with road signs, or with drones, or with our phones — all in the name safety and convenience.
Unsurprisingly, the internet of things is also a huge part of 5G. Qualcomm estimates that there will be a whopping $12 trillion in 5G-related goods and services in 2035. In other words, everything we own will eventually get connected, and all those connected devices would put a huge strain on our current networks and services. Faster networks don’t just mean we’ll be able to watch higher quality video, it means we’ll be able to connect more things to our networks without any significant strain on data speeds.
The end game
5G is on its way, but it won’t be the last “G” we talk about. There really is no end to what we can do with higher data speeds and better network capabilities.
For now, our focus is on 5G, which is expected to begin the very early stages of rolling out in 2018. Of course, that doesn’t mean we’ll be using it then. Carriers will take time to roll out their own
Then we’ll start thinking about 6G.
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7 April 2015 – Global Marketing News
Digital ad spend rockets to new global heights
Digital advertising spending is set to exceed a quarter of all advertising spending for the first time ever in 2016, according to research by Carat.
The predicted rise in digital advertising is being put down to the rapid increase in mobile ad spending expected this year, as well as the rise of online video. Mobile ad spending is expected to rise by a staggering 50% this year.
The research revealed that the increases in digital advertising are coming at the expense of print media, which is expected to see falls in ad spending this year. Meanwhile, TV is expected to maintain its position as the medium attracting the most ad spending.
Looking at global search ad spending specifically, a study by E-Marketer predicts that it will increase by 16% this year to around 80 billion US dollars.
Google will be the dominant player, making up 55% of all search ad spending and drawing in 45 billion US dollars.
The Chinese search giant Baidu is predicted to come second, capturing almost 9% of the ad spending, equivalent to just over 7 billion US dollars. This is an increase of around 2 billion US dollars compared to last year, with the increase being put down to China’s booming ecommerce market.
Microsoft and Yahoo are expected to take third and fourth place respectively, with the Chinese search company Sohu taking fifth place.
E-Marketer predicts that global search ad spending will continue growing at a rate of around 10% a year, with spending expected to surpass 130 billion US dollars by 2019.
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Daum Kakao launches taxi app Kakao Taxi
The Korean internet company Daum Kakao has announced the launch of its taxi app Kakao Taxi.
Kakao Taxi will work similarly to Uber, allowing South Koreans to input their current location and destination into the app, with the nearest taxis using the app then receiving a ride request.
The app will also allow users to review drivers and send messages to their friends telling them their location.
Daum Kakao is not the only internet company going into the taxi app sector, with Naver’s Line Taxi launching in Japan earlier this year, along with BlaBlaCar in India and WeChat’s Didi Dache in China.
Daum Kakao is a popular Korean web portal and is a rival to Naver. It has its own email, search engine, mobile messaging and forum services.
Apple Maps expands to 3 more countries
Apple has expanded its Maps Connect feature to 3 more countries: Mexico, Italy and Switzerland.
Maps Connect allows small businesses to create a listing on Apple Maps for free and without having to enter into any kind of longer-term agreement with Apple.
Businesses can submit their details online, and once the data has been verified as correct by Apple it will appear on its Apple Maps feature for iOS.
Maps Connect is also available in the US, Canada, Australia, New Zealand, the UK, Ireland, France, Germany and Singapore.
Apple Maps’ main rival is Google Maps, and Apple hopes that its latest expansion into Mexico, Italy and Switzerland will help to enhance its global reputation as a serious alternative.
Baidu and SOHO China team up to sell homes online
And finally, the Chinese search engine Baidu is considering a partnership with the real estate giant SOHO China to sell homes online.
Discussions are reported at an “early stage” but if the plans go ahead it would be the first partnership between a search engine and a real estate company in China.
A spokesperson from SOHO China has said he believes that partnering up with Baidu, the most popular search engine in China, will help to further boost the Chinese real estate market, which already generates around half of China’s 180 trillion yuan wealth.
Webcertain’s global marketing news bulletins are daily 5-minute videos, providing marketers with the latest international digital marketing news in an easy-to-digest format.
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Legend Valve & Fitting Inc. announced it recently completed its second of two manufacturer representative training initiatives. With all of the recent activities to its business over the last year, the company felt it prudent to host its reps, indicated Wade Tennant, Legend director of marketing.
Legend focused the training initiative around its potable systems including its HyperPure PE-RT tube. However, over the last year, the company added 60,000 square feet of new warehouse space, upgraded its extrusion capabilities, and celebrated its 30th anniversary.
“It seemed like good timing to bring in our representatives, and provide an update on our more recent initiatives,” said Jeff Shreiner, VP of sales. “We focused our training on new electronic commerce and order process tools, as well as sales communications to support our reps and customers. It was a perfect time for this meeting.”


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"What industry will be the next growth driver in the 21st century and what do you see that supports that? " legendary value investor Warren Buffett was once asked. Can you guess what answer he must have given? He simply said, "We don't worry too much about that." He went on to elaborate with the example of the automobile and the airplane industry. It was impossible back in the 1930s how much these two industries would impact the world. They have indeed been a great boon for society. However, for investors both these sectors have been absolute disasters. Of the 2,000 automobile companies that had mushroomed during that period, only a handful have survived. The fate of the airline industry has been even worse, with perpetual losses of billions of dollars.
The fate of a much-touted emerging sector has reaffirmed that Mr Buffett's wisdom has no expiry date. We are referring to the solar energy equipment sector. It goes without doubt that the world has little choice but to gradually switch towards sustainable and renewable energy sources. And solar energy is definitely a sector with very high potential. But does a high growth sector necessary translate into shareholder wealth? In this case, the answer seems to be no.
The global solar photovoltaic demand surged from a little over 7,000 megawatts (MW) to nearly 20,000 MW in 2010. And as per certain estimates, the current global demand stands at about 30,000 MW. But you would be surprised to know that the Indian solar manufacturing sector is on the verge of collapse with over 80% of the units shut down. In fact, not just India, the sector is facing severe headwinds across the globe. What's the reason? The answer is extreme optimism. Currently, the manufacturing capacity is two times the demand. Over enthusiasm about the industry's high growth prospects led players to set up huge capacities. But in recent times, the sector has been facing the brunt of the crisis in the Eurozone, one of the main markets. Dormant demand in India coupled with intense competition from Chinese counterparts made matters only worse.
Whatever be the fate of the solar equipment manufacturing industry, there is one very crucial lesson that investors need to take home. Be very careful while putting your money in the so-called 'new age' sectors purely on basis of huge growth potential. At best, avoid investing in sectors that do not have a sufficiently long operating history. Another important lesson is to let go of the urge to predict the future. Stick to the basic of value investing. Invest in stocks with strong fundamentals, solid past track record and sufficient future growth visibility.


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BY SAM GUTELLE
The Recording Industry Association Of America (RIAA) and some of the labels it represents are looking to crack down on so-called “stream-ripping sites,” which let users convert videos from sites like YouTube into the mp3 audio format. While that fight is far from over, the RIAA and its cohorts just won a major victory. They have agreed to a settlement with YouTube-MP3, a major stream-ripping site that will be shut down as a result of the legal agreement.
YouTube-MP3, based out of Germany, was described as the most popular stream-ripping site on the web when the recording industry first filed a suit against it last year. “Tens or even hundreds of millions of tracks are illegally copied and distributed by stream-ripping services each month,” read the text of the suit, whose plaintiffs included “Big Three” labels Universal, Warner, and Sony. A study released around the same time found that nearly half of all internet users between ages 16 and 24 used a stream-ripping service at least once over a stated six-month period.
Music videos are common targets for stream rippers, since the resulting mp3 can easily be added to an external device. With that in mind, the RIAA’s desire to cut down these sites is understandable, and in reaching a settlement, the suing labels found themselves to be on strong legal footing. While the exact financial terms of the deal aren’t known, YouTube-MP3 is reportedly taking all responsibility for the copyright infringement that has occurred on its platform. “Through the promise of illicit delivery of free music, Defendants have attracted millions of users to the YTMP3 website, which in turn generates advertising revenues for Defendants,” reads of the court documents.
With YouTube-MP3 in the recording industry’s hands, it is now useless as a stream-ripping tool. Of course, we’re talking about the internet here, which means there are still dozens of other ripping clients that can be found with a simple Google search. Perhaps those sites will soon find themselves in the RIAA’s crosshairs, too.


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On February 27, 1937, Floyd Loew. An organizer from the Waiters and Waitresses Union, stood among the bustling Saturday afternoon crowd in a Woolworth’s Five-and-Dime store in Detroit. At 11 a.m. Loew yelled out, “Strike, girls! Strike!” Every worker immediately stopped in her tracks, leaving customers and management bewildered. Loew had no idea those three words would have a significant and lasting impact on the American Labor Movement.
In a period known for labor militancy, the Woolworth’s strike stands out because the workers consisted almost entirely of young women. About 83 percent of the workforce was women under 26. Also significant is the face that these women were going up against the largest retail giant in the country – the Wal-Mart of the early twentieth century.
As with Wal-Mart, Woolworth relied on cheap prices, low wages and high turnover. Instead of walking off their jobs, the women chose to occupy their workplace until their demands were met, a strategy known as a sit-down strike. The conditions and political climate were right for this strike. In 1935, the National Labor Relations Act was brought into law, giving workers the legal rights and protections needed in the workplace. A debate over the direction of the labor movement gave birth to the Congress if Industrial Organizations (CIO), a more militant labor organization than its predecessor, the American Federation of Labor(AFL).
Less than two weeks prior to their strike, Woolworth’s workers witnessed powerful General Motors concede to the demands of the emerging United Auto Workers after a six week sit-down strike in Flint, Michigan. A wave of similar strikes sprung up throughout the country with similar results: victory for labor.
After the strike was called, a delegation from the 108 Woolworth’s workers made its demands to the employer: Union recognition, 10-cent raise, eight-hour shifts, time and one half over forty-eight hours a week, seniority rights, no repercussions for striking workers; and a few other demands to help with the day’s work.
After their demands were rejected, the women proceeded to make themselves comfortable in the department store. Mattresses were delivered by other locals supporting the strike. Food and personal belongings were brought in from family members, and they took over the kitchen to prepare meals for the long stay, courtesy of the Woolworth’s department store.
The media rushed to report on this unusual event, but viewed it as comical, not serious. But the young ladies exploited the media as much as the media exploited them. They knew if they gave the media what they wanted, they would continue to be covered in the news.
Two days later, a second Woolworth’s store in the Detroit area found itself dealing with a sit-down strike. Organizers threatened that if the strike was not settled by the end of the week, there would be national sit-down strikes called in all of Woolworth’s stores.
At 5:30 p.m. on March 5th, the seventh day of the strike, a deal was reached. In a clear victory, the workers of Woolworth’s won their list of demands, even forcing the company to agree to pay fifty percent of the women’s salaries for the time they occupied the store.
The strike and victory inspired other retail clerks to take a stand. Causing a flurry of sit-down strikes in retail stores throughout the country. The Retail Clerks Union, which played a peripheral role in the Woolworth’s strike, seized the momentum and engaged in a strong and successful campaign against Woolworth’s and other similar chains.
By the end of the decade, the National Labor Relation Board held that those who engage in sit-down strikes could be fired. And while unions are no longer able to use one of the most effective tactics, the Woolworth’s strike inspired thousands of workers nationwide that underdogs can still prevail.


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We analyzed BrandTotal marketing data from [June 1 - July 10, 2020] across the Activewear category to see how major brands are utilizing paid social media marketing campaigns.
In a recent BrandTotal report, Nike led the category across a number of metrics, including share-of-voice, video views, and engagements. We’ll look at a number of leading brands to see if anything has changed, including Adidas, Under Armor, Reebok, and others to see how they use paid social media marketing campaigns.
BrandTotal Key Insights
Across the category, paid social ad spending was up at the beginning of the period analyzed, spiking around June 8 to June 11, and then increasing gradually over the rest of the period.
These overall spikes were primarily seen around Puma’sInstagram dark campaign, “We got you Sweating, chilling, whatever you’re doing”.
In terms of specific brands’ spending over the period:
Nike: Nike’s spending was flat for much of June and then increased significantly from the beginning of July. This increase was around its YouTube campaign “Game Time with Sky Brown + Hangs with Soccer Star Casey Short”, and its Twitter dark campaign “Customize your stride with Nike By You—personalize your Nike Air Zoom Pegasus 37”.
Under Armor:The brand’s spending also increased into July. This was seen in its Facebook dark campaign “Under Armour is proud to support LGBTQ diversity in sport” and the YouTube “The Köhler Effect” campaign.
Adidas: The brand saw spending rise from mid-June to the end of the month. This was around its Facebook dark ad “Up to 50% off”.
With over 220k likes, this campaign from New Balance highlights the brand’s relationship with star footballer Sadio.
Puma also uses a celebrity in its campaign and chooses an image over video.
Under Armor doesn’t use celebrities in this high-energy inspirational video that showcases various traditional and non-traditional sports.
Activewear brands and paid social media strategies
Over the period analyzed, the leading activewear brands used social media to show off new products, show solidarity with various causes, and highlight deals on specific products. Some chose to partner with celebrities to spread their message, while others focused on sports and activity in general or on the products themselves.
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Trending Today on PCar.club
Porsche Is On Track To Deliver 20,000 Taycans In 2020 FLATSIXES.com 67
9th Porsche Experience Center to be built in Japan Porsche Newsroom 63
Gifts any Porsche enthusiast would appreciate this holiday season Porsche Club of America 55
Porsche 993 GT2 R: driving the speed freak Total 911 53
A First Look at Porsche’s New 992-Generation GT3 FLATSIXES.com 50
Welcome to PCar.club the Porsche News Aggregator and discussion forum for car and automotive enthusiasts.


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Start the conversation
Great news for the CBD industry this week is even better news for penny stock investors. The FDA is making progress on CBD research.
And we know one of the best CBD penny stocks to buy as it happens.
Because they trade for under $5, penny stocks can make huge leaps on small changes. It could be a new drug getting approved by the FDA. Or it could simply be a broader market bounce.
Today, it's both. Our top CBD penny stock is going to thrive on FDA approval. But it's also going to profit from a spike in the CBD industry over the next few years.
The CBD market is still projected to hit $2 billion by the end of 2020… and $20 billion by 2024. And the U.S. Food and Drug Administration is going to help that.
Meanwhile, we'll show you the best CBD stock to watch today. But first, here's how the FDA will eventually drive CBD penny stocks through the roof.
About the Author
Mike Stenger, Associate Editor for Money Morning at Money Map Press, graduated from the Perdue School of Business at Salisbury University. He has combined his degree in Economics with an interest in emerging technologies by finding where tech and finance overlap. Today, he studies the cybersecurity sector, AI, streaming, and the Cloud.


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University Park, PA – Pennsylvania Agriculture Secretary Russell Redding today joined beef producers, promoters, and purveyors to celebrate that segment of the agriculture industry and share how it would benefit from targeted investments in local meat processing under Governor Tom Wolf’s proposed PA Farm Bill.
“Meat protein is an essential component of our diets, providing nutrients in a way unmatched by plant proteins,” said Redding. “So much of the growth in Pennsylvania’s agriculture industry comes from the expansion of animal agriculture across our state to meet the growing demand here and around the world for meat.
“We want to help smaller or new butcher shops to continue to offer local, in-demand services to farmers and consumers across our state, which is why this component of the agriculture industry has received important recognition in the PA Farm Bill,” he said.
The PA Farm Bill is a comprehensive legislative package addressing the needs of Pennsylvania’s farmers and agribusiness community. It would incentivize access to meat processing inspections to encourage small or new producers by reimbursing federal meat inspection costs and subsidizing the first-time purchase of equipment needed for federal compliance.
It would also assist the livestock industry by establishing the Center for Animal Agriculture Excellence to help agribusinesses address issues like expanding processing capacity, transition assistance, technical assistance, food safety, and establishing industrial hemp as an approved animal feed.
The legislation, which provides support for and continued investments in the commonwealth’s agriculture industry, was modeled after the governor’s six-point plan to cultivate future generations of Pennsylvania’s agriculture industry. It invests $24 million dollars in agriculture-related issues from rapid response, to education, to business assistance.
Other highlights of the legislation include:
- Creating the Pennsylvania Agricultural Business Development Center to serve as a resource to help every farmer create a business plan, transition plan, or succession plan to ensure the best chance of success.
- Incentivizing the transfer of preserved farmland to a new or beginning farmer through the Realty Transfer Tax Exemption.
- Creating the Conservation Excellence Grant Program to offer financial and technical assistance to farmers to install and implement conservation best management practices.
- Expanding the Resource Enhancement and Protection (REAP) tax credits by $3 million to increase the lifetime cap and increase availability.
- Developing the Pennsylvania Dairy Investment Program to fund research and development, organic transition assistance, value-added processing, and marketing grants in support of Pennsylvania’s dairy industry.
- Expanding the allowable width for the use of implements of husbandry on roads from 16 feet to 18 feet.
- Improving agriculture infrastructure in urban areas, the aggregation of product, sharing of resources, and support for community development efforts.
- Ensuring a quick response to agricultural disasters--including utilizing animal or plant health officials to contain an outbreak; or providing an immediate response to a foodborne illness—through the Pennsylvania Rapid Response Disaster Readiness Account.
- Increasing knowledge and awareness of agricultural issues within the commonwealth through the Agriculture and Youth Organization Grant Program; and providing exposure to child nutrition and agriculture through the Farm to School Grant Program.
- Making Pennsylvania the nation’s leading organic state by further enhancing the growth of the organic industry.
- Supporting the PA Preferred program and to bolster enrollment in the Homegrown by Heroes Program.
- Creating the state-level Specialty Crop Block Grant Program to invest in and encourage farming of high-priority horticultural crops like hemp, hops, and hardwoods.
For more information about the PA Farm Bill and Pennsylvania’s agriculture industry, visit the Department of Agriculture website.
Redding also presented a proclamation of May Beef Month from Governor Wolf, which reads:
WHEREAS, Pennsylvania is home to more than 519,000 beef cattle and calves on nearly 12,000 farms, with gross receipts of nearly $200 million for beef stock; and
WHEREAS, many of the commonwealth’s dairy cattle ultimately enter the nation’s beef supply chain, offering those producers additional income, valuing the state’s 1.6 million total cattle, including calves, and its beef industry at about $2 billion on nearly 23,000 beef and dairy operations, and ranking the state fourth in the nation in veal production; and
WHEREAS, the commonwealth’s veal, beef, and dairy beef industries are served by the Pennsylvania Beef Quality Assurance (BQA) program, which helps to strengthen consumer confidence in beef by focusing the industry’s attention on the strategies that promote beef quality and safety through science, research, and education; and
WHEREAS, the Pennsylvania Beef Council, through administering the BQA program, has educated more than 5,000 producers who are now BQA certified, and bridges the gap between farm and fork through consumer outreach and education about beef products and the beef industry; and
WHEREAS, from sirloin steak to ground chuck, beef provides consumers with a rich supply of essential nutrients, including zinc, iron, and protein, and
WHEREAS, Pennsylvania’s beef producers are stewards of the land, using the state’s natural resources to grow nutrient-dense and healthy food, while promoting environmental practices that will allow their farms to be passed down to future generations; and
WHEREAS, Pennsylvania’s beef industry is committed and responsive to animal and human health issues, in which producers and consumers can be assured that Pennsylvania beef products are safe and wholesome.
THEREFORE, in recognition of the commonwealth’s committed beef producers and nationally recognized beef industry, I, Tom Wolf, Governor of the Commonwealth of Pennsylvania, do hereby proclaim May 2019 BEEF MONTH in Pennsylvania. As we enter the summer grilling season, I urge all citizens to take advantage of the commonwealth's bountiful supply of beef while recognizing the industry's contributions to our economy and quality of life.
GIVEN under my hand and the Seal of the Governor, at the City of Harrisburg, this first day of May two thousand nineteen, the year of the commonwealth the two hundred forty-third.
MEDIA CONTACT: Shannon Powers - 717.783.2628
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Chiquita Shares Recent ‘No Banana Wasted’ Initiatives
Leading up to Earth Day on April 22, Chiquita is sharing its recent efforts to promote a more sustainable future by reducing food waste.
With a goal to eliminate banana waste entirely by 2020, Chiquita has implemented various zero-waste practices to help combat the global food waste epidemic, including updated farming methods, establishing national banana donation partnerships and spearheading recycling programs. From its tropical banana farms to supermarket shelves, Chiquita is dedicated to reducing waste and inspiring banana consumers to join them in creating a healthier environment.
Bananas are an essential food for millions of people, and are one of the most imported food crops in the world. By finding impactful uses for the bananas that don’t make it to grocery store shelves, Chiquita is doing its part to create a solution for the global food waste epidemic.
At a farming level, bananas that are not exported from farms are sent to the Chiquita Tropical Ingredients Processing Plant in Costa Rica, where they are re-purposed as banana puree and banana flour. These practices have helped to reduce the number of unusable bananas by nearly half in just two years.
Another waste-reducing method Chiquita employs through its partnership with Feeding America® ensures that perfectly good bananas – despite some premature browning or bruising – get to food banks that need them. These rescued bananas are making a big difference for food banks across the country, and ultimately for children and families in need. Chiquita also participates in retailer programs such as the ‘Fruits For Kids’ program, which offers free single bananas to children at grocery stores, reducing unsold banana quantities at retailers across the country.
Chiquita’s sustainability efforts are also incorporated into major national and local community events such as the New York City Marathon, Disney Marathons and the Life Time Miami Marathon & Half Marathon. In addition to donating bananas to fuel participants throughout their running journey, Chiquita encourages runners to dispose banana peels in Chiquita recycling bins. The banana peels are then sent to be composted, diverting scraps from landfills and turning them into fertilizer and electricity.
Chiquita also inspires fans to fight food waste at home by incorporating over-ripened bananas into tasty recipes such as banana bread, ice cream or smoothies, as well as composting at home. Following instructions from the United States Environmental Protection Agency, families can create their own compost station using discarded food scraps and yard waste to be added to soil and make plants grow.


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Nelson & Rockbridge County, VA
“Yes, quite an accomplishment. In Virginia Eagle’s (DB’s distribution rep) territory which goes from Blacksburg to Front Royal and Charlottesville. Devils Backbone is number two in new draft sales of all beer styles behind Bud Light. Great work by my entire team.” That’s how Steve Crandall, founder of Devils Backbone Brewing sums up the news that DB had become the 2nd top selling new craft brew in the country in 2012 according to Dan Wandel from Symphony IRI, a company that tracks grocery store scan data.


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Hypercars have the capability to make even the most respected performance metrics seem outdated. Take, for example, the 0-6- mph time. For decades, this has been the car industry’s barometer of a vehicles speed. But Lotus does not feel that the spec sufficiently grips just how quick all-automatic Evija will be.
Whereas most car producers are proud to tout the 0-60 mph times of their top-performance vehicles, the British automaker is thinking larger – much larger. Actually, it wants the Evija to be judged by how quick it can zoom from a standstill to 186 mph.
The company’s key test driver, Gavin Kershaw, recently told Top Gear that the firms nearly two-thousand horsepower, all-wheel drive hypercar can target 186 mph in a blistering 9 seconds. It is difficult to really comprehend how quick that is nearly 3.5 seconds quicker than it takes the performance-targeted Bugatti Chrion Pur sport to accomplish the same feat.
Now, do not get it twisted: Lotus is still targeted on a sub-three second 0-60 mph Evija time, it just did not want that the metric to restrict the zero-emission speedster from showcasing its complete potential.
As absurd as a sub-three second 060 mph time and 9 second 0-186 mph time may perfect, those figures exactly align with every item else we know about the Evija. Touted as the world’s most strong production vehicle, the hpyercar will have an all-electric powertrain able of churning out 1,972 horses and 1,250 pounds of twist. Oh, and it would not out at 185 mph. lotus guesses its top speed to exceed two-hundred mph. it will also have a 250-mile and its 70kw/h battery can be completely charged in just eighteen minutes.


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It's not the first time we've heard of an Apple Car. Yet, the Cupertino-based company seems to be involved in the automotive sector not by designing their own cars, but with the creation of self-driving systems that utilize AI and augmented reality. Now Tim Cook can boast a new member to the project team: Andrew Kim, former Tesla and Microsoft employee.
Andrew Kim is the newcomer to the Cupertino team who is rekindling hopes for the arrival of the phantom Apple Car. The engineer has participated in the design of various Tesla models such as the Model 3, the Model Y, the new Roadster, and has taken part in the Microsoft Hololens project.
The arrival of Andrew in the ranks of Apple has also rekindled rumors about this much-vaunted autonomous guidance system supported by augmented reality. His background as a Tesla and Microsoft engineer leaves no room for doubt. Kim is not the first Tesla engineer to switch to Apple - Doug Field preceded him.
Andrew Kim also took part in the design of the Xbox One S and the Windows 10 UI before joining Tesla and taking part, among other things, in the creation of the interiors of the Model 3. There he had to balance the needs of a car that can be both self-driving or assisted by a human driver.
What do you think Apple has in store? Let us know in the comments.
Source: The Verge